<SEC-DOCUMENT>0001292814-21-001501.txt : 20210413
<SEC-HEADER>0001292814-21-001501.hdr.sgml : 20210413
<ACCEPTANCE-DATETIME>20210412214758
ACCESSION NUMBER:		0001292814-21-001501
CONFORMED SUBMISSION TYPE:	20-F
PUBLIC DOCUMENT COUNT:		224
CONFORMED PERIOD OF REPORT:	20201231
FILED AS OF DATE:		20210413
DATE AS OF CHANGE:		20210412

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NATIONAL STEEL CO
		CENTRAL INDEX KEY:			0001049659
		STANDARD INDUSTRIAL CLASSIFICATION:	STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS [3310]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		20-F
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14732
		FILM NUMBER:		21821869

	BUSINESS ADDRESS:	
		STREET 1:		RUA LAURO MULLER
		STREET 2:		116 36 ANDAR
		CITY:			RIO DE JANEIRO RJ BR
		STATE:			D5
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>20-F
<SEQUENCE>1
<FILENAME>sidform20f_2020.htm
<DESCRIPTION>SIDFORM20F_2020
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-align: center; border-bottom: Black 1.5pt solid"><B>As filed with the
Securities and Exchange Commission on April 12, 2021</B></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 0 0 6pt; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 0 0 6pt; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 0 0 10pt; text-align: center">________________________________________________</P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 0; text-align: center"><B>FORM&nbsp;20-F</B></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 0 0 10pt; text-align: center">________________________________________________</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="vertical-align: top; width: 4%; padding-right: 3.6pt; padding-left: 3.6pt; font-family: Calibri,sans-serif">&#9744;</TD>
    <TD STYLE="vertical-align: bottom; width: 96%; padding-right: 3.6pt; padding-left: 3.6pt">
    <P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: center">REGISTRATION STATEMENT&nbsp;PURSUANT TO SECTION&nbsp;12(b)
    OR (g)&nbsp;OF</P>
    <P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: center">THE SECURITIES EXCHANGE ACT OF&nbsp;1934</P></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 3.6pt; padding-left: 3.6pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.6pt; padding-left: 3.6pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">OR</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 3.6pt; padding-left: 3.6pt; font-family: Calibri,sans-serif">&#9746;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.6pt; padding-left: 3.6pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">ANNUAL REPORT PURSUANT TO SECTION&nbsp;13 OR&nbsp;15(d) OF<BR>
THE SECURITIES EXCHANGE ACT OF&nbsp;1934<BR>
For the fiscal year ended December&nbsp;31, 2020</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 3.6pt; padding-left: 3.6pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.6pt; padding-left: 3.6pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">OR</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 3.6pt; padding-left: 3.6pt; font-family: Calibri,sans-serif">&#9744;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.6pt; padding-left: 3.6pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">TRANSITION REPORT PURSUANT TO SECTION&nbsp;13 OR&nbsp;15(d) OF<BR>
THE SECURITIES EXCHANGE ACT OF&nbsp;1934</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 3.6pt; padding-left: 3.6pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.6pt; padding-left: 3.6pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">OR</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 3.6pt; padding-left: 3.6pt; font-family: Calibri,sans-serif">&#9744;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.6pt; padding-left: 3.6pt">
    <P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: center">SHELL COMPANY REPORT PURSUANT TO SECTION&nbsp;13 OR&nbsp;15(d)
    OF</P>
    <P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: center">THE SECURITIES EXCHANGE ACT OF&nbsp;1934</P>
    <P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: center"><B>Commission File Number 1-14732</B></P></TD></TR>
  </TABLE>
<P STYLE="font: 12pt Times New Roman,serif; margin: 0 0 6pt; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 8pt; text-align: center"><FONT STYLE="font-size: 12pt"><B>COMPANHIA SIDER&Uacute;RGICA
NACIONAL</B></FONT><B><FONT STYLE="font-size: 10pt"><BR>
</FONT></B><FONT STYLE="font-size: 10pt">(<I>Exact name of registrant as specified in its charter</I>)</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 6pt; text-align: center"><FONT STYLE="font-size: 12pt"><B>NATIONAL STEEL COMPANY</B></FONT><B><FONT STYLE="font-size: 10pt"><BR>
</FONT></B><FONT STYLE="font-size: 10pt">(<I>Translation of registrant&rsquo;s name into English</I>)</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 0 0 6pt; text-align: center">_______________________________________________</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>THE FEDERATIVE REPUBLIC OF
BRAZIL</B></FONT><B><FONT STYLE="font-size: 10pt"><BR>
</FONT></B><FONT STYLE="font-size: 10pt">(<I>Jurisdiction of incorporation or organization</I>)</FONT></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: center">Marcelo Cunha Ribeiro, Chief Financial and Investor Relations
Officer<BR>
Phone: +55 11 3049-7454 Fax: +55 11 3049-7212</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: center">marcelo.ribeiro@csn.com.br<BR>
Av. Brigadeiro Faria Lima, 3400 &ndash; 20<SUP>th</SUP> floor<BR>
04538-132, S&atilde;o Paulo, SP, Brazil</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: center">(<I>Address of principal executive offices</I>)</P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 0 0 8pt; text-align: center">________________________________________________</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-align: center">Securities registered or to be registered pursuant to
Section&nbsp;12(b) of the Act.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 38%; padding-right: 5.4pt; padding-bottom: 3pt; padding-left: 5.4pt; font-family: Calibri,sans-serif; text-align: center"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt"><B><U>Title of each class</U></B></FONT></TD>
    <TD STYLE="width: 31%; padding-bottom: 3pt; font-family: Calibri,sans-serif; text-align: center"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt"><B><U>Trading symbol</U></B></FONT></TD>
    <TD STYLE="width: 31%; padding-right: 5.4pt; padding-bottom: 3pt; padding-left: 5.4pt; font-family: Calibri,sans-serif; text-align: center"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt"><B><U>Name of each exchange on which registered</U></B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 22.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Common Shares without Par Value</FONT></TD>
    <TD STYLE="text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">*</FONT></TD>
    <TD STYLE="padding-left: 48.6pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">NYSE</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 22.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">American Depositary Shares (as evidenced by American Depositary Receipts), each representing one share of Common Stock</FONT></TD>
    <TD STYLE="text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">SID</FONT></TD>
    <TD STYLE="padding-left: 48.6pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">NYSE</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0">____________________</P>

<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 18pt; text-indent: -9.35pt">* Not for trading purposes, but only in connection
with the registration of American Depositary Shares pursuant to the requirements of the U.S. Securities and Exchange Commission.</P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: center"><A NAME="page_2"></A><A NAME="a_bclHeader2"></A> Securities
registered or to be registered pursuant to Section&nbsp;12(g) of the Act:</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-align: center">None</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-align: center">Securities for which there is a reporting obligation
pursuant to Section&nbsp;15(d) of the Act:</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-align: center">None</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0">Indicate the number of outstanding shares of each of the issuer&rsquo;s classes
of capital or common stock as of December 31, 2020:</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-align: center">1,387,524,047 Common Shares without Par Value</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0">Indicate by check mark if the registrant is a well-known seasoned issuer, as defined
in Rule&nbsp;405 of the Securities Act.</P>

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 6pt; text-align: center"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">&#9744;
Yes </FONT> <FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">
&#9745; &nbsp;No</FONT></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt">If this report is an annual or transition report, indicate by check mark
if the registrant is not required to file reports pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934.</P>

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 6pt; text-align: center"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">&#9744;
Yes</FONT>  <FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">&#9745; &nbsp;No</FONT></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt">Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12&nbsp;months (or for such
shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past
90&nbsp;days.</P>

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 6pt; text-align: center"> <FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">&#9745; &nbsp;Yes
&#9744; No</FONT></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0">Indicate by check mark whether the registrant has submitted electronically and
posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation
S-T (&sect;232.405 of this chapter) during the preceding 12&nbsp;months (or for such shorter period that the registrant was required to
submit and post such files).</P>

<P STYLE="font: 10pt Calibri,sans-serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman,serif">&#9745; &nbsp;Yes
&#9744; No</FONT></P>

<P STYLE="font: 5.5pt/5.5pt Times New Roman,serif; margin: 0.25pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0">Indicate by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer or an emerging growth company. See definition of &ldquo;large accelerated filer,&rdquo; &ldquo;accelerated
filer&rdquo; and &ldquo;emerging growth company&rdquo; in Rule 12b-2 of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 24%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Large accelerated filer&nbsp;&#9745; &nbsp;&nbsp;</FONT> </TD>
    <TD STYLE="width: 20%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Accelerated filer&nbsp;&nbsp;&#9744;</FONT></TD>
    <TD STYLE="width: 24%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Non-accelerated filer&nbsp;&nbsp;&#9744;</FONT></TD>
    <TD STYLE="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Emerging growth company&nbsp;&nbsp;&#9744;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 0 32pt">If an em<FONT STYLE="letter-spacing: -0.05pt">e</FONT><FONT STYLE="letter-spacing: -0.2pt">r</FONT>ging
growth company that prepares its financi<FONT STYLE="letter-spacing: -0.05pt">a</FONT>l statements in accordance with U.S. GAA<FONT STYLE="letter-spacing: -1.1pt">P</FONT>,
indicate by check mark if the registrant has elected not to use the extended transiti<FONT STYLE="letter-spacing: -0.05pt">o</FONT>n period
for complying with any new or revised financial accounting standards&dagger; provided pursuant to Section 13(a) of the Exchange Act.</P>

<P STYLE="font: 12pt/12pt Times New Roman,serif; margin: 0 31.5pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt 32pt">&dagger; The term &ldquo;new or revised financial accounting standard&rdquo;
refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5, 2012.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 0cm">Indicate by check mark whether the registrant has filed
a report on and attestation to its management&rsquo;s assessment of the effectiveness of its internal control over financial reporting
under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its
audit report.</P>

<P STYLE="font: 10pt Calibri,sans-serif; margin: 0 0 6pt; text-align: center"><FONT STYLE="font-family: Times New Roman,serif">&#9745; &nbsp;Yes
&#9744; No</FONT></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt">Indicate by check mark which basis of accounting the registrant has used
to prepare the financial statements included in this filing:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 29%; padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">U.S. GAAP &#9744;</FONT></TD>
    <TD STYLE="width: 41%; padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">International Financial Reporting Standards as issued by the International Accounting Standards Board &#9745; </FONT></TD>
    <TD STYLE="width: 30%; padding-right: 5.4pt; padding-bottom: 6pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Other &#9744;</FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0">If &ldquo;Other&rdquo; has been checked in response to the previous question, indicate
by check mark which financial statement item the registrant has elected to follow:</P>

<P STYLE="font: 10pt Times New Roman,serif; text-align: center; margin-top: 0; margin-right: 0; margin-left: 0">Item 17 &#9744; Item &#9744;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0">If this is an annual report, indicate by check mark whether the registrant is a
shell company (as defined in Rule 12b-2 of the Exchange Act).</P>

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">&#9744;
Yes </FONT><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">&#9745; &nbsp;No</FONT></P>


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: center"><B><A NAME="TableOfContents"></A>TABLE OF CONTENTS</B></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: center"><B>&nbsp;</B></P>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="width: 90%; text-align: left; text-indent: -18pt; padding-top: 6pt; padding-bottom: 6pt; padding-left: 18pt"><A HREF="#a_001">INTRODUCTION</A></TD>
    <TD STYLE="width: 10%; text-align: right; padding-top: 6pt; padding-bottom: 6pt">1</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -18pt; padding-top: 6pt; padding-bottom: 6pt; padding-left: 18pt"><A HREF="#a_002">FORWARD-LOOKING STATEMENTS</A></TD>
    <TD STYLE="text-align: right; padding-top: 6pt; padding-bottom: 6pt">1</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -18pt; padding-top: 6pt; padding-bottom: 6pt; padding-left: 18pt"><A HREF="#a_003">PRESENTATION OF FINANCIAL AND OTHER INFORMATION</A></TD>
    <TD STYLE="text-align: right; padding-top: 6pt; padding-bottom: 6pt">2</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -18pt; padding-top: 6pt; padding-bottom: 6pt; padding-left: 18pt"><A HREF="#a_004">PART I</A></TD>
    <TD STYLE="text-align: right; padding-top: 6pt; padding-bottom: 6pt">3</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_005">Item 1. Identity of Directors, Senior Management and Advisors</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">3</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_006">Item 2. Offer Statistics and Expected Timetable</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">3</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_007">Item 3. Key Information</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">3</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_008">3A. Selected Financial Data</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">3</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_009">3B. Capitalization and Indebtedness</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">4</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_010">3C. Reasons for the Offer and Use of Proceeds</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">4</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 6pt; padding-left: 22.3pt"><A HREF="#a_011">3D. Risk Factors</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">4</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_012">Item 4. Information on the Company</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">18</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_013">4A. History and Development of the Company</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">18</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_072">4B. Business Overview</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">21</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_014">4C. Organizational Structure</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">56</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_015">4D. Property, Plant and Equipment</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">56</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 6pt; padding-left: 22.3pt"><A HREF="#a_016">4E. Unresolved Staff Comments</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">58</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_017">Item 5. Operating and Financial Review and Prospects</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">58</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_018">5A. Operating Results</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">58</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_073">5B. Liquidity and Capital Resources</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">77</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_019">5C. Research and Development and Innovation</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">80</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_020">5D.&nbsp;Trend Information</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">80</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_021">5E. Off-Balance Sheet Arrangements</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">81</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_022">5F. Tabular Disclosure of Contractual Obligations</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">82</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 6pt; padding-left: 22.3pt"><A HREF="#a_023">5G. Safe Harbor</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">83</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_024">Item 6. Directors, Senior Management and Employees</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">83</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_025">6A. Directors and Senior Management</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">83</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_026">6B. Compensation</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">86</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_027">6C. Board Practices</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">86</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_028">6D. Employees</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">87</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 6pt; padding-left: 22.3pt"><A HREF="#a_029">6E. Share Ownership</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">88</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_030">Item 7. Major Shareholders and Related Party Transactions</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">88</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_031">7A. Major Shareholders</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">88</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_032">7B. Related Party Transactions</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">88</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 6pt; padding-left: 22.3pt"><A HREF="#a_033">7C. Interests of Experts and Counsel</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">89</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_034">Item 8. Financial Information</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">89</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_035">8A. Consolidated Statements and Other Financial Information</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">89</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 6pt; padding-left: 22.3pt"><A HREF="#a_036">8B. Significant Changes</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">98</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_037">Item 9. The Offer and Listing</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">98</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_038">9A. Offer and Listing Details</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">98</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_039">9B. Plan of Distribution</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">98</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_040">9C. Regulation of Securities Markets</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">98</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_041">9D. Selling Shareholders</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">100</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_042">9E. Dilution</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">100</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 6pt; padding-left: 22.3pt"><A HREF="#a_043">9F. Expenses of the Issue</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">100</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_044">Item 10. Additional Information</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">100</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_045">10A. Share Capital</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">100</TD></TR>
</TABLE>
<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="width: 90%; text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_046">10B. Memorandum and Articles of Association</A></TD>
    <TD STYLE="width: 10%; text-align: right; padding-top: 0cm; padding-bottom: 0pt">100</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_047">10C. Material Contracts</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">103</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_048">10D. Exchange Controls</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">103</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_049">10E. Taxation</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">104</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_050">10F. Dividends and Paying Agents</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">112</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_051">10G. Statement by Experts</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">112</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_052">10H. Documents on Display</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">112</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 6pt; padding-left: 22.3pt"><A HREF="#a_053">10I. Subsidiary Information</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">112</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_054">Item 11. Quantitative and Qualitative Disclosures About Market Risk</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">112</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_055">Item 12. Description of Securities Other Than Equity Securities</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">116</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_056">Item 13. Defaults, Dividend Arrearages and Delinquencies</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">117</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_057">Item 14. Material Modification to the Rights of Security Holders and Use of Proceeds</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">117</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_059">Item 15. Controls and Procedures</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">117</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_060">Item 16. Reserved</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">118</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_061">16A. Audit Committee Financial Expert</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">118</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_062">16B. Code of Ethics</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">118</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_063">16C. Principal Accountant Fees and Services</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">118</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_064">16D. Exemptions from the Listing Standards for Audit Committees</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">119</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_074">16E. Purchases of Equity Securities by the Issuer and Affiliated Purchasers</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">119</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_065">16F. Change in Registrant&rsquo;s Certifying Accountant</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">119</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 0pt; padding-left: 22.3pt"><A HREF="#a_066">16G. Corporate Governance</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 0pt">119</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; padding-top: 0cm; padding-bottom: 6pt; padding-left: 22.3pt"><A HREF="#a_067">16H. Mine Safety Disclosure</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">121</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_068">Item 17. Financial Statements</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">121</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_070">Item 18. Financial Statements</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">121</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman">
    <TD STYLE="text-align: left; text-indent: -36pt; padding-top: 0cm; padding-bottom: 6pt; padding-left: 36pt"><A HREF="#a_071">Item 19. Exhibits</A></TD>
    <TD STYLE="text-align: right; padding-top: 0cm; padding-bottom: 6pt">122</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt">&nbsp;</P>


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman,serif; text-align: center; margin-right: 0; margin-bottom: 12pt; margin-left: 0"><A NAME="a_001"></A>INTRODUCTION</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Unless otherwise specified, all references in this annual
report to:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>&ldquo;we,&rdquo; &ldquo;us,&rdquo; &ldquo;our&rdquo; or &ldquo;CSN&rdquo; are to Companhia Sider&uacute;rgica Nacional and its consolidated
subsidiaries;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>&ldquo;Brazil&rdquo; are to the Federative Republic of Brazil;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>&ldquo;Brazilian government&rdquo; are to the federal government of Brazil;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>&ldquo;<I>real</I>,&rdquo; &ldquo;<I>reais</I>&rdquo; or &ldquo;R$&rdquo; are to Brazilian <I>reais</I>, the official currency of
Brazil;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>&ldquo;U.S. dollars&rdquo; or &ldquo;US$&rdquo; are to United States dollars;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>&ldquo;km&rdquo; are to kilometers, &ldquo;m&rdquo; are to meters, &ldquo;mt&rdquo; or &ldquo;tons&rdquo; are to metric tons, &ldquo;mtpy&rdquo;
are to metric tons per year and &ldquo;MW&rdquo; are to megawatts;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>&ldquo;TEUs&rdquo; are to twenty-foot equivalent units;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>&ldquo;consolidated financial statements&rdquo; are to our audited consolidated financial statements prepared in accordance with International
Financial Reporting Standards, or IFRS, as issued by the International Accounting Standards Board, or IASB, as of December&nbsp;31, 2020
and 2019 and for the years ended December&nbsp;31, 2020, 2019 and 2018, together with the corresponding report of our independent registered
public accounting firm; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>&ldquo;ADSs&rdquo; are to the American depositary shares and &ldquo;ADRs&rdquo; are to the American depositary receipts representing
our common shares.</TD></TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman,serif; text-align: center; margin-right: 0; margin-bottom: 12pt; margin-left: 0"><A NAME="a_002"></A>FORWARD-LOOKING
STATEMENTS</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">This annual report includes forward-looking statements,
within the meaning of Section&nbsp;27A of the U.S. Securities Act of 1933, as amended, or the Securities Act, and Section&nbsp;21E of
the U.S. Securities Exchange Act of 1934, as amended, or the Exchange Act, principally under the captions &ldquo;Item 3. Key Information,&rdquo;
&ldquo;Item 4. Information on the Company,&rdquo; &ldquo;Item 5. Operating and Financial Review and Prospects&rdquo; and &ldquo;Item 11.
Quantitative and Qualitative Disclosures About Market Risk.&rdquo; We have based these forward-looking statements largely on our current
beliefs, expectations and projections about future events and financial trends affecting us. Although we believe these estimates and forward-looking
statements are based on reasonable assumptions, these estimates and statements are subject to several risks and uncertainties and are
made in light of the information currently available to us.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Many important factors, in addition to those discussed
elsewhere in this annual report, could cause our actual results to differ substantially from those anticipated in our forward-looking
statements, including, among others:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>general economic, political and business conditions in Brazil and abroad, especially in China, which is the largest world steel producer
and main consumer of our iron ore;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>impacts of the COVID-19 global pandemic and of other global developments on our businesses and on our results of operations, financial
situation and cash flows and our ability to timely and efficiently implement measures to address these impacts;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>demand for and prices of steel and mining products;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>the effects of the global financial markets and economic slowdowns;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>changes in competitive conditions and the general level of demand and supply for our products;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>our liquidity position and leverage and our ability to obtain financing on satisfactory terms;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>management&rsquo;s expectations and estimates concerning our future financial performance and financing plans;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>availability and price of raw materials;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>changes in international trade or international trade regulations;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>protectionist measures imposed by Brazil and other countries;</TD></TR></TABLE>


<!-- Field: Page; Sequence: 6; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>our capital expenditure plans;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>inflation, interest rate levels and fluctuations in foreign exchange rates;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>our ability to develop and deliver our products on a timely basis;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>lack of infrastructure in Brazil;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>electricity and natural gas shortages and government responses to these;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>existing and future governmental regulation;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>threats or outbreaks of diseases or natural disasters affecting the global economy and international trade; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>the risk factors discussed under the caption &ldquo;Item 3. Key Information&mdash;3D. Risk Factors.&rdquo;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We caution you that the foregoing list of significant
factors may not contain all of the material factors that are important to you. The words &ldquo;believe,&rdquo; &ldquo;may,&rdquo; &ldquo;will,&rdquo;
&ldquo;aim,&rdquo; &ldquo;estimate,&rdquo; &ldquo;plan,&rdquo; &ldquo;continue,&rdquo; &ldquo;anticipate,&rdquo; &ldquo;intend,&rdquo;
&ldquo;expect&rdquo; and similar words are intended to identify forward-looking statements. Forward-looking statements include information
concerning our possible or assumed results of operations, business strategies, financing plans, competitive position, industry environment,
potential growth opportunities, the effects of regulation and the effects of competition, among others.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Forward-looking statements speak only as of the date they
were made, and we undertake no obligation to publicly update or to revise any forward-looking statements after we distribute this annual
report because of new information, future events or other factors. In light of the risks and uncertainties described above, the forward-looking
events and circumstances discussed in this annual report might not occur and are not an indication of future performance. As a result
of various factors, including those set forth above, undue reliance should not be placed on these forward-looking statements.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; text-align: center; margin-right: 0; margin-bottom: 12pt; margin-left: 0"><A NAME="a_003"></A>PRESENTATION
OF FINANCIAL AND OTHER INFORMATION</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our audited consolidated financial statements as of December&nbsp;31,
2020 and 2019 and for the years ended December&nbsp;31, 2020, 2019 and 2018 included elsewhere in this annual report have been presented
in thousands of&nbsp;<I>reais&nbsp;</I>and prepared in accordance with IFRS as&nbsp;issued by the IASB. See note 2.a. to our audited consolidated
financial statements.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We have translated some of the Brazilian <I>real&nbsp;</I>amounts
contained in this annual report into U.S. dollars solely for the convenience of the reader at the rate of R$5.197 to US$1.00, which was
the U.S. dollar selling rate as of December&nbsp;31, 2020, as reported by the Central Bank of Brazil, or the Central Bank. As a result
of fluctuations in the <I>real</I>/U.S. dollar exchange rate, the U.S. dollar selling rate as of December 31, 2020 may not be indicative
of current or future exchange rates. The U.S. dollar equivalent information presented in this annual report should not be construed as
implying that the <I>real&nbsp;</I>amounts represent, or could have been or could be converted into, U.S. dollars at such rates or at
any other rate.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Certain figures included in this annual report have been
subject to rounding adjustments. Accordingly, figures shown as totals in certain tables may not represent an arithmetic sum of the figures
that precede them.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Certain Non-IFRS Financial
Measures</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">This annual report includes certain references to the
non-IFRS measures of EBITDA and adjusted EBITDA.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We calculate EBITDA as net income (loss) for the period
<I>plus</I> net financial income (expenses), income tax and social contribution, depreciation and amortization and results from discontinued
operations. We calculate adjusted EBITDA as net income (loss) for the period <I>plus</I> net financial income (expenses), income tax and
social contribution, depreciation and amortization and results of discontinued operations, <I>plus</I> other operating income (expenses),
equity in results of affiliated companies and the proportionate EBITDA of joint ventures. EBITDA and adjusted EBITDA are not measures
of financial performance recognized under IFRS and they should not be considered alternatives to net income (loss) as measures of operating
performance, or as alternatives to operating cash flows, or as measures of liquidity. EBITDA and adjusted EBITDA are not calculated using
a standard methodology and may not be comparable to the definition of EBITDA or adjusted EBITDA, or similarly titled measures, used by
other companies.</P>


<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman,serif; text-align: center; margin-bottom: 12pt"><A NAME="a_004"></A>&#9;PART I&#9;</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><FONT STYLE="font-family: Times New Roman,serif; color: windowtext; background-color: white"><A NAME="a_005"></A>Item
1</FONT>. Identity of Directors, Senior Management and Advisors</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Not applicable.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><FONT STYLE="background-color: white"><A NAME="a_006"></A>Item
2. Offer Statistics and Expected Timetable</FONT></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Not applicable.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><FONT STYLE="font-family: Times New Roman,serif; color: windowtext; background-color: white"><A NAME="a_007"></A>Item
3</FONT>. Key Information</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_008"></A>3A. Selected Financial Data</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We present in this section summary consolidated financial
data derived from, and that should be read in conjunction with, our audited consolidated financial statements included elsewhere in this
annual report.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following tables present selected consolidated financial
data as of and for each of the periods indicated:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="6" STYLE="text-align: right; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Year
    ended December 31,</B></P></TD></TR>
  <TR>
    <TD STYLE="width: 40%; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Income Statement Data:</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2016<SUP>(1)(2)</SUP></B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2017<SUP>(1)(2)</SUP></B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2018<SUP>(2)</SUP></B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2019</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2020</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2020<SUP>(3)</SUP></B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="5" STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><I>(in millions of R$, except per share data)</I></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><I>(in millions of US$, except per share data)</I></FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; border: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Net operating revenues</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>16,126</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>18,525</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>22,969</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>25,436</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>30,064</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>5,785</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 15.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cost of products sold</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(11,592)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(13,596)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(16,106)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(17,263)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(19,125)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(3,680)</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Gross profit</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>4,534</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>4,929</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>6,863</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>8,173</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>10,939</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2,105</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Operating expenses</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 15.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Selling</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(1,042)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(1,815)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(2,264)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(2,343)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(2,005)</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(386)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 15.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">General and administrative</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(438)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(416)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(494)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(511)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(505)</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(97)</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 15.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Equity in results of affiliated companies</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">331</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">109</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">136</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">126</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>72</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">14</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 15.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Other expenses</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(657)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(647)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(1,331)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(2,407)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(3,270)</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(629)</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 15.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Other income</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">90</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">824</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4,036</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">504</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>483</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">93</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 15.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Total</B></FONT></TD>
    <TD STYLE="text-align: right; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>(1,716)</B></P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>(1,945)</B></P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>83</B></P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>(4,631)</B></P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>(5,225)</B></P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>(1,005)</B></P></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Operating income</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2,818</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2,984</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>6,946</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>3,542</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>5,714</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,100</B></FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Non-operating income (expenses), net</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 15.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Financial income</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">172</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">295</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,311</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">379</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,803</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">347</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 15.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Financial expenses</FONT></TD>
    <TD STYLE="text-align: right; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid">(3,253)</P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid">(2,759)</P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid">(2,806)</P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid">(2,510)</P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid">(2,599)</P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid">(500)</P></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Income (loss) before taxes</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(263)</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>520</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>5,451</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,411</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>4,918</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>946</B></FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Income tax</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 15.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Current</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(528)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(359)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(827)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(1,564)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(2,052)</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(395)</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 15.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Deferred</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">679</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(50)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">577</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2,398</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,427</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">275</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Net income (loss) for the period</B></FONT></TD>
    <TD STYLE="text-align: right; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>(112)</B></P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>111</B></P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>5,201</B></P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>2,245</B></P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>4,293</B></P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>826</B></P></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Net income (loss) attributable to noncontrolling interest</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(7)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>101</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>126</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>455</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>498</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>96</B></FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Net income (loss) attributable to Companhia Sider&uacute;rgica Nacional</B></FONT></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>(105)</B></P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>10</B></P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>5,075</B></P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>1,789</B></P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>3,794</B></P></TD>
    <TD STYLE="text-align: right; vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>730</B></P></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Basic earnings per common share</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(0.07443)</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0.00757</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3.69498</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1.29632</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2.74926</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0.00053</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Diluted earnings per common share</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(0.07443)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0.00757</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3.69498</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1.29632</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2.74926</B></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0.00053</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="6" STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid"><B>As
    of December 31,</B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 41%; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Balance Sheet Data:</B></FONT></TD>
    <TD STYLE="width: 11%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>2016<SUP>(1)(2)</SUP></B></P></TD>
    <TD STYLE="width: 9%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>2017<SUP>(1)(2)</SUP></B></P></TD>
    <TD STYLE="width: 11%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>2018<SUP>(2)</SUP></B></P></TD>
    <TD STYLE="width: 9%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>2019</B></P></TD>
    <TD STYLE="width: 9%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>2020</B></P></TD>
    <TD STYLE="width: 10%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>2020<SUP>(3)</SUP></B></P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="5" STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><I>(in millions of R$, expect as otherwise indicated)</I></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><I>(in millions of US$, except as otherwise indicated</I></FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; border: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Current assets</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">12,445</FONT></TD>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">11,881</FONT></TD>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">12,014</FONT></TD>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">12,726</FONT></TD>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">23,386</FONT></TD>
    <TD STYLE="vertical-align: top; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4,500</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Investments</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4,568</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5,499</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5,631</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,584</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,696</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">711</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Property, plant and equipment</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">18,136</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">17,965</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">18,047</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">19,701</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">19,716</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,794</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Other assets</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid">9,005</P></TD>
    <TD STYLE="text-align: right; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid">9,865</P></TD>
    <TD STYLE="text-align: right; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid">11,636</P></TD>
    <TD STYLE="text-align: right; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid">14,858</P></TD>
    <TD STYLE="text-align: right; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid">16,204</P></TD>
    <TD STYLE="text-align: right; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid">3,118</P></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top; background-color: #DDEBF7">
    <TD STYLE="width: 41%; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Total assets</B></FONT></TD>
    <TD STYLE="text-align: right; width: 11%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>44,154</B></P></TD>
    <TD STYLE="text-align: right; width: 9%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>45,210</B></P></TD>
    <TD STYLE="text-align: right; width: 11%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>47,328</B></P></TD>
    <TD STYLE="text-align: right; width: 9%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>50,869</B></P></TD>
    <TD STYLE="text-align: right; width: 9%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>63,002</B></P></TD>
    <TD STYLE="text-align: right; width: 10%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>12,123</B></P></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Current liabilities</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5,497</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">10,670</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">11,439</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">11,620</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">14,726</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2,834</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Non-current liabilities</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">31,272</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">26,252</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">25,876</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">27,887</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">37,025</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">7,125</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Stockholders&rsquo; equity</FONT></TD>
    <TD STYLE="text-align: right; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid">7,385</P></TD>
    <TD STYLE="text-align: right; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid">8,288</P></TD>
    <TD STYLE="text-align: right; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid">10,013</P></TD>
    <TD STYLE="text-align: right; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid">11,362</P></TD>
    <TD STYLE="text-align: right; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid">11,251</P></TD>
    <TD STYLE="text-align: right; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid">2,164</P></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #DDEBF7">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Total liabilities and stockholders&rsquo; equity</B></FONT></TD>
    <TD STYLE="text-align: right; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>44,154</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>45,210</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>47,328</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>50,869</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>63,002</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="text-align: right; font: 8pt Times New Roman,serif; margin: 0; border-bottom: Black 0.5pt solid"><B>12,123</B></P></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Paid-in capital (in millions of <I>reais</I>)</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4,540</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4,540</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4,540</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4,540</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">6,040</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,162</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Common shares (quantities)</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,388</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,388</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,388</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,388</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,388</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Dividends declared and interest on stockholders&rsquo; equity</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">898</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,023</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,249</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">240.3</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: top; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Dividends declared and interest on stockholders&rsquo; equity per common share (in <I>reais</I>)<SUP>(4)</SUP></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0.65</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0.74</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0.90</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; vertical-align: top; border-bottom: black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0.02</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0pt">_______________________</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(1)</TD><TD>Due to the adoption of IFRS 9 and IFRS 15 as of January 1, 2018, which we did not apply retroactively, financial information as of
and for the years ended December 31, 2020, 2019 and 2018 may not be comparable with financial information as of and for prior periods.
For further information on our adoption of IFRS 9 and IFRS 15, see note 2.w and 2.q, respectively, to our audited consolidated financial
statements included elsewhere in this annual report.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(2)</TD><TD>Due to the adoption of IFRS 16 as of January 1, 2019, which we did not apply retroactively, financial information as of and for the
years ended December 31, 2020 and 2019 may not be comparable with financial information as of and for prior periods. For further information
on our adoption of IFRS 16, see note 16 to our audited consolidated financial statements included elsewhere in this annual report.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(3)</TD><TD>Translated solely for the convenience of the reader at the rate of R$5.197 to US$1.00, which was the U.S. dollar selling rate as of
December&nbsp;31, 2020, as reported by the Central Bank.</TD></TR></TABLE>

<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 18pt; text-indent: -18pt">&nbsp;</P>

<P STYLE="font: 8pt Times New Roman,serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 7.65pt; text-indent: -7.65pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>Year ended December&nbsp;31,</B></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 40%; padding-left: 7.65pt; text-indent: -7.65pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="width: 15%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>2018</B></P></TD>
    <TD STYLE="width: 15%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>2019</B></P></TD>
    <TD STYLE="width: 15%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>2020</B></P></TD>
    <TD STYLE="width: 15%; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>2020<SUP>(1)</SUP></B></P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DDEBF7">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 1pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Reconciliation of Net Income (Loss) to EBITDA and Adjusted EBITDA</B></FONT></TD>
    <TD COLSPAN="3" STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(<I>in millions of R$)</I></FONT></TD>
    <TD STYLE="padding-right: 0.15pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(<I>in millions of US$</I>)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-left: 10pt; text-indent: -10pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Net income (loss)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5,200.6</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2,244.5 </FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4,292.6</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">826.0</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: bottom; padding-left: 10pt; text-indent: -10pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Depreciation/amortization/depletion</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,175.1</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,421.7 </FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2,421.5</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">466.0</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-left: 10pt; text-indent: -10pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Income tax and social contribution</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">250.3</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(833.8)</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">625.5</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">120.4</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: bottom; padding-left: 10pt; text-indent: -10pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Financial income (expenses)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">1,495.6</P></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">2,131.2</P></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">796.3</P></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">153.2</P></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-left: 10pt; text-indent: -10pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>EBITDA<SUP>(2)</SUP></B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>8,121.7</B></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>4,963.6 </B></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>8,135.9</B></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,565.6</B></FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: bottom; padding-left: 10pt; text-indent: -10pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Other operating income (expenses)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(2,705.3)</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,903.1 </FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2,787.6</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">536.4</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-left: 10pt; text-indent: -10pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Equity in results of affiliated companies</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(135.7)</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(125.7)</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(71.8)</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(13.8)</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: bottom; padding-left: 10pt; text-indent: -10pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Proportionate EBITDA of joint ventures</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">568.0</P></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">510.1</P></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">648.8</P></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: right; border-bottom: Black 0.5pt solid">124.8</P></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-left: 10pt; text-indent: -10pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Adjusted EBITDA<SUP>(3)</SUP></B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double"><B>5,848.7</B></P></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double"><B>7,251.0 </B></P></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double"><B>11,500.5</B></P></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: right; border-bottom: Black 1.5pt double"><B>2,213.0</B></P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0pt">_______________________</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(1)</TD><TD>Translated solely for the convenience of the reader at the rate of R$5.197 to US$1.00, which was the U.S. dollar selling rate as of
December&nbsp;31, 2020, as reported by the Central Bank.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(2)</TD><TD>We calculate EBITDA as net income (loss) for the period <I>plus</I> net financial income (expenses), income tax and social contribution,
depreciation and amortization and results from discontinued operations.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(3)</TD><TD>We calculate adjusted EBITDA as net income (loss) for the period <I>plus</I> net financial income (expenses), income tax and social
contribution, depreciation and amortization and results of discontinued operations, <I>plus</I> other operating income (expenses), equity
in results of affiliated companies and the proportionate EBITDA of joint ventures.</TD></TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_009"></A><FONT STYLE="font-family: Times New Roman,serif; background-color: white">3B</FONT>.
Capitalization and Indebtedness</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Not applicable.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_010"></A><FONT STYLE="font-family: Times New Roman,serif; background-color: white">3C</FONT>.
Reasons for the Offer and Use of Proceeds</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Not applicable.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_011"></A>3D. Risk Factors</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>An investment in the ADSs or our common shares involves
a high degree of risk. You should carefully consider the risks described below before making an investment decision. Our business, financial
condition and results of operations could be materially and adversely affected by any of these risks. The trading price of the ADSs could
decline due to any of these risks or other factors, and you may lose all or part of your investment.</I></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>For purposes of this section, when we state that a
risk, uncertainty or problem may, could or will have an &ldquo;adverse effect&rdquo; on us or &ldquo;adversely affect&rdquo; us, we mean
that the risk, uncertainty or problem could have an adverse effect on our business, financial condition, results of operations, cash flow,
prospects and/or the trading price of the ADSs, except as otherwise indicated. The risks described below are those that we currently believe
may materially and adversely affect us.</I></P>


<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Risks Relating to Brazil</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">The Brazilian government has exercised,
and continues to exercise, significant influence over the Brazilian economy and such involvement, along with general political and macroeconomic
conditions, could adversely affect us.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The Brazilian government has frequently intervened in
the Brazilian economy and occasionally made changes in policy and regulations. The Brazilian government&rsquo;s actions to control inflation
and affect policies and regulations have often involved, among other measures, increases in interest rates, changes in tax and social
security policies, price controls, currency exchange and remittance controls, devaluations, capital controls and limits on imports. We
may be adversely affected by changes in policy or regulations at the federal, state or municipal level involving or affecting the following
factors, among others:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>interest rates;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>exchange controls;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>currency fluctuations;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>inflation;&nbsp;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>price volatility of raw materials and our final products;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>lack of infrastructure in Brazil;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>energy and water supply shortages and rationing programs;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>liquidity of the domestic capital and lending markets;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>regulatory policy for the mining, steel, cement, logistics and energy industries;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>environmental policies and regulations;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>tax policies and regulations, including frequent changes that may result in uncertainties regarding future taxation; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>other political, social and macroeconomic developments in or affecting Brazil.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Uncertainty over whether the Brazilian government will
implement changes in policy or regulation affecting these or other factors may contribute to economic uncertainty in Brazil and to heightened
volatility in the Brazilian securities markets and securities issued by Brazilian companies, including our common shares and the ADSs
that represent them.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">According to the Brazilian Institute of Geography and
Statistics (<I>Instituto Brasileiro de Geografia e Estat&iacute;stica</I>), or the IBGE, Brazil&rsquo;s gross domestic product, or GDP,
grew by&nbsp;1.0% in 2017, 1.1% in 2018 and 1.1% in 2019, following an economic recession in 2015 and 2016. In 2020, as a result of developments
relating to the COVID-19 pandemic, Brazil&rsquo;s GDP contracted 4.1%.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In March 2021, new governmental regulations were imposed
in various cities throughout Brazil mandating social distancing measures and other closures as the number of COVID-19 cases and COVID-19
related deaths continued to increase, with accompanying stresses on the hospital systems throughout Brazil. At the same time, as of the
date of this annual report, a relatively low proportion of the Brazilian population has received vaccines due to supply shortages and
delays in Brazilian regulatory approval of certain vaccines. No recent comparable events exist that may provide us with guidance regarding
the effects of a severe global pandemic. As a result, the final impact of the COVID-19 global pandemic is uncertain and subject to changes
that we cannot predict.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">These uncertainties, together with the current economic
crisis that Brazil is undergoing and other future developments in the Brazilian economy, may adversely affect us.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Political instability may adversely
affect us.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The Brazilian political environment has historically influenced
and continues to influence the Brazilian economy as well as the confidence of investors and the general public, and may result in economic
slowdown and price volatility of securities issued by Brazilian companies, including our common shares and the ADSs that represent them.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In particular, over the last decade, the Brazilian capital
markets experienced an increase in volatility due to the uncertainty of investigations by the Federal Police and the Federal Public Ministry
relating to widespread corruption allegations, including Operation <I>Lava Jato</I>. These investigations
have affected Brazil&rsquo;s economic and political environment. Numerous members of the Brazilian government and the legislative branch,
as well as executives of large public and private companies have been accused of corruption for allegedly accepting bribes in exchange
for government concession contracts with companies in the infrastructure, oil, gas and construction sectors, among others. These bribes
allegedly financed political party campaigns and were not accounted for or made public, resulting in personal enrichment of the beneficiaries
of the corruption scheme. As a consequence, several politicians, including members of Congress and executives of large public and private
companies in Brazil, have resigned from their positions and/or been arrested, while others remain under investigation for unethical and
illegal conduct identified during these investigations.</P>


<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The ultimate outcome of these and other investigations
remains uncertain, but these investigations have already adversely affected the reputation of the companies involved, as well as the general
market perception of the Brazilian economy. There is no guarantee that these ongoing investigations will not lead to further political
and economic instability, or whether new allegations against government members, executives and/or public or private companies will emerge
in the future.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, any difficulty of the Brazilian government
to obtain a majority in Congress could result in congressional deadlock, political unrest and demonstrations and/or strikes that could
materially adversely affect our operations. Uncertainties regarding the Brazilian government&rsquo;s implementation of changes in monetary,
tax and social security policies, as well as in the relevant legislation, may contribute to economic instability. These uncertainties
and new measures may increase the volatility of the Brazilian securities market.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Moreover, the President of Brazil has the power to determine
policies and to issue governmental acts relating to the conduct of the Brazilian economy and, consequently affect the operations and financial
performance of companies in Brazil, including us. The President of Brazil is under investigation by the Federal Supreme Court for inappropriate
conduct, following allegations by the former Minister of Justice, Mr. Sergio Moro that the President of Brazil tried to influence the
appointment of members of the Federal Police for his own benefit and that of his family. If the investigation determines that the President
of Brazil improperly interfered with the appointments, any resulting consequences, including a potential impeachment process or judgment
by the Supreme Court, could have material adverse effects on the political and economic environment in Brazil and on Brazilian companies,
including us. As support for the impeachment of the President of Brazil gains momentum and speculation about military intervention in
Brazil increases, political instability in Brazil has intensified and may continue to destabilize the Brazilian political and economic
environment.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">There is no guarantee that the President of Brazil will
be able to approve the reforms promised in his campaign, nor which policies he will adopt, or whether the policies or changes in current
policies will have an adverse effect on the Brazilian economy or on us.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In March 2021, the Brazilian Supreme Court annulled former
President Luiz In&aacute;cio Lula da Silva&rsquo;s convictions and reinstated his political rights. Mr. Lula da Silva&rsquo;s return to
the political and electoral landscapes have generated additional uncertainty in Brazil.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Exchange rate instability may adversely
affect us and the market price of our common shares and the ADSs.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The Brazilian currency has, during the last decade, experienced
frequent and substantial variations compared to the U.S. dollar and other foreign currencies. As of December 31, 2018, the U.S. dollar
selling rate was R$3.875 per US$1.00. In 2019 and 2020, the <I>real</I> depreciated against the U.S. dollar and the U.S. dollar selling
rate was R$4.031 per US$1.00 as of December 31, 2019 and R$5.197 per US$1.00 as of December 31, 2020, as reported by the Central Bank.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Depreciation of the <I>real</I> against the U.S. dollar
creates inflationary pressures in Brazil and causes increases in interest rates, which adversely affect the growth of the Brazilian economy
as a whole, curtail access to foreign financial markets and may prompt government intervention, including recessionary governmental policies.
Depreciation of the <I>real</I> against the U.S. dollar may also, in the context of an economic slowdown, lead to decreased consumer spending,
deflationary pressures and reduced growth of the Brazilian economy.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">On the other hand, appreciation of the <I>real</I> relative
to the U.S. dollar and other foreign currencies could lead to a deterioration of the Brazilian foreign exchange current accounts, as well
as dampen export-driven growth. Depending on the circumstances, either depreciation or appreciation of the <I>real</I> could materially
affect our growth and that of the Brazilian economy, as well as impact the U.S. dollar value of distributions and dividends on, and the
U.S. dollar equivalent of the market price of, our common shares and the ADSs.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In the event the <I>real</I> depreciates in relation to
the U.S. dollar, the cost in <I>reais</I> of our foreign currency-denominated borrowings and imports of raw materials, particularly coal
and coke, will increase. On the other hand, if the <I>real</I> appreciates in relation to the U.S. dollar, it will
cause <I>real</I>-denominated production costs to increase as a percentage of total production costs and cause our exports to be less
competitive. We have a total U.S. dollar-denominated or -linked indebtedness of R$25,372 million, which represents 71.7% of our total
indebtedness, as of December 31, 2020.</P>


<!-- Field: Page; Sequence: 11 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Government efforts to combat inflation
may hinder the growth of the Brazilian economy and could harm us.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Historically, Brazil has experienced high inflation rates.
Inflation and certain actions taken by the Central Bank to curb it have had significant negative effects on the Brazilian economy. Inflation
as measured by the national broad consumer price index (<I>&Iacute;ndice Nacional de Pre&ccedil;os ao Consumidor Amplo)</I>, or IPCA,
was 3.8%, 4.3% and 4.5% in 2018, 2019 and 2020, respectively, and 7.5%, 7.3% and 23.1%, respectively, as measured by the general market
price index (<I>&Iacute;ndice Geral de Pre&ccedil;os do Mercado</I>), or IGP-M.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The base interest rate for the Brazilian banking system
is the Central Bank&rsquo;s Special System for Settlement and Custody (<I>Sistema Especial de Liquida&ccedil;&atilde;o e Cust&oacute;dia</I>)
rate, or SELIC rate. As of December 31, 2018, 2019 and 2020, the SELIC rate was 6.5 %, 4.5% and 2.7%, respectively.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Inflation and the Brazilian government&rsquo;s measures
to address it, principally the Central Bank&rsquo;s monetary policy, have had and may have significant effects on the Brazilian economy
and us. Tight monetary policies with high interest rates have restricted and may restrict Brazil&rsquo;s growth and the availability of
credit. Conversely, more lenient government and Central Bank policies and interest rate decreases have triggered and may trigger increases
in inflation, and, consequently, growth volatility and the need for sudden and significant interest rate increases, which could negatively
affect us and increase the payments on our indebtedness.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Developments and the perception of
risk in other countries, especially other emerging market countries, may adversely affect the trading price of Brazilian securities, including
our common shares and the ADSs.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The market value of securities of Brazilian issuers is
affected by economic and market conditions in other countries, especially other emerging market countries. Although economic conditions
in these countries may differ significantly from economic conditions in Brazil, investors&rsquo; reactions to developments in these other
countries may have an adverse effect on the market value of securities of Brazilian issuers. Crises in the United States, the European
Union or emerging market countries may diminish investor interest in securities of Brazilian issuers, including ours. This could adversely
affect the trading price of our common shares and/or the ADSs, and could also make it more difficult for us to gain access to the capital
markets and finance our operations on acceptable terms, or at all.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Further, crises in world financial markets, such as in
2020, as well as global economic challenges that persist as of the date of this annual report as a result of developments relating to
the COVID-19 Pandemic could affect investors&rsquo; views of securities issued by companies that operate in emerging markets. These developments
<FONT STYLE="font-family: Times New Roman,serif">could adversely affect the trading price of our common shares and the ADSs, and could
also make it more difficult for us to access the capital markets and finance our operations on acceptable terms, or at all.</FONT></P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Risks Relating to Us
and the Industries in Which We Operate</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">We are exposed to substantial changes
in the demand for steel and iron ore, which significantly affect the prices of our products and may adversely affect us.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The steel and mining industries are highly cyclical, both
in Brazil and abroad. The demand for steel and mining products and, thus, the financial condition and results of operations of companies
in these industries, including us, are generally affected by macroeconomic fluctuations in the world economy and the economies of steel-producing
countries, including trends in the automotive, construction, home appliances and packaging industries, as well as other industries that
rely on steel distributors. A worldwide recession, an extended period of below-trend growth in developed countries or a slowdown in the
emerging markets that are large consumers of our products (such as the domestic Brazilian market for our steel products and the Chinese
market for iron ore) could sharply reduce demand for our products. In addition, flat steel competes with other materials that may be used
as substitutes, such as aluminum (particularly in the automotive and packaging industry), cement, composites, glass, plastic and wood.
Government regulatory initiatives mandating the use of such materials in lieu of steel, whether for environmental or other reasons, as
well as the development of other new substitutes for steel products, could also significantly reduce market prices and demand for steel
products and thereby reduce our cash flow and profitability. Any material decrease in demand or increase in supply for steel and iron
ore in the domestic or export markets served by us could have a material adverse effect on us.</P>


<!-- Field: Page; Sequence: 12 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Prices charged for iron ore are subject
to volatility. International iron ore prices may decrease significantly and materially and adversely affect us or require us to suspend
certain of our projects and operations.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our iron ore prices are based on a variety of pricing
terms, which generally use market price indices as a basis for determining customer prices. Our prices for and revenues from iron ore
are consequently volatile, which may adversely affect us. In 2020, average iron ore prices increased 16.6% to US$108.9/dmt, from US$93.4/dmt
in 2019, and in 2019, average iron ore prices increased 34.5% from US$69.5/dmt in 2018, according to the average Platts Iron Ore Index
(62% Fe CFR China). A decrease in market prices for iron ore may require us to change the way we operate or, depending on the magnitude
of price decreases, even to suspend certain of our projects and operations and impair certain assets, which could adversely affect us.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Adverse economic conditions in China
and an increase in global iron ore production capacity could materially and adversely affect us.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">China has been the main driver of global demand for minerals
and metals over the past years, effectively driving global prices for iron ore and steel. In 2020, China accounted for 76% of the global
seaborne iron ore trade and 76% of our iron ore export sales were to the Asian market, mainly China. China is also the largest steel producer
in the world, accounting for approximately 57% of the global steel production in 2020.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">A contraction of China&rsquo;s economic growth could result
in lower global demand for iron ore and steel and increase the global steel industry&rsquo;s over-capacity, which would materially and
adversely affect companies in the industry, including us. Poor performance in the Chinese real estate sector and low investments in infrastructure,
two of the largest markets for carbon steel in China, could also adversely affect us. As a result of developments relating to the COVID-19
pandemic, China&rsquo;s economic growth slowed down and its GDP increased 2.3% in 2020, as compared to 6.1% in 2019 and 6.6% in 2018.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, the ramp-up of projects started in past years
by major iron ore suppliers could affect seaborne iron ore prices and adversely affect us. Moreover, the recent upsurge in iron ore prices
could also stimulate high cost producers to resume operations, expanding our supply base, which may adversely affect us.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">We may not be able to adjust our
mining production volume in a timely or cost-efficient manner in response to changes in demand.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Revenues from our mining business represented 26.0%, 39.4%
and 42.1% of our total net revenues in 2018, 2019 and 2020, respectively. Operating at significant idle capacity during periods of weak
demand may expose us to higher unit production costs since a significant portion of our cost structure is fixed in the short-term due
to the high capital intensity of mining operations. In addition, efforts to reduce costs during periods of weak demand could be limited
by labor regulations or labor or government agreements.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Conversely, our ability to rapidly increase production
capacity is limited, which could render us unable to fully satisfy demand for our iron ore. When demand exceeds our production capacity,
we may meet excess customer demand by purchasing iron ore from unrelated parties and reselling it, which would increase our costs and
narrow our operating margins. If we are unable to satisfy excess customer demand in this way, we may lose customers. In addition, operating
close to full capacity may expose us to higher costs, including demurrage fees due to capacity restraints in our logistics systems.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">A decrease in the availability or
an increase in the price of raw materials for steel production, particularly coal and coke, may adversely affect us.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, raw material costs accounted for 63.3% of our
total steel production costs. Our main raw materials include iron ore, coal, coke, limestone, dolomite, manganese, zinc, tin and aluminum.
We depend on third parties for some of our raw material requirements, including importing all of the coal required to produce coke. In
addition, we require significant amounts of energy, in the form of natural gas and electricity, to power our plants and equipment.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Any prolonged interruption in the supply of raw materials,
natural gas or electricity, or substantial increases in their prices, could materially and adversely affect us. Interruptions and price
increases could result from changes in laws or trade regulations, the availability and cost of transportation, suppliers&rsquo; allocations
to other purchasers, interruptions in production by suppliers and/or accidents or similar events on suppliers&rsquo; premises or along
the supply chain. Any inability to pass these cost increases onto our customers or to meet our customer demand because of scarcity of
our key raw materials could also have a material and adverse effect on us.</P>


<!-- Field: Page; Sequence: 13 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Our steel products face significant
competition, including price competition, from other domestic or foreign producers, which may adversely affect our profitability and market
share.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The global steel industry is highly competitive with respect
to price, product quality, customer service and technological advances permitting reduced production costs. Several factors influence
Brazil&rsquo;s export of steel products, including protectionist policies of other countries, especially the United States, disputes regarding
these policies before the World Trade Organization, the Brazilian government&rsquo;s exchange rate policy and the growth rate of the world
economy. Further, continuous advances in materials sciences and technology have given rise to improvements in products such as plastics,
aluminum, ceramics and glass, permitting them to serve as substitutes for steel. Due to high start-up costs, the economics of operating
a steelworks facility on a continuous basis may encourage mill operators to maintain high levels of output, even in times of low demand,
which results in oversupply and increases the pressure on industry profit margins. In addition, downward pressure on steel prices by our
competitors may affect our profitability.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The steel industry has historically suffered from structural
over-capacity which has worsened due to a substantial increase in production capacity in the developing world, particularly China and
India, as well as other emerging markets. China is the largest global steel producer and, in addition, Chinese and certain steel exporting
countries have favorable conditions (excess steel capacity, undervalued currency or higher market prices for steel in non-domestic markets),
which can have a significant impact on steel prices in other markets. If we are not able to remain competitive in relation to competitors
in China or other steel-producing countries, we may be adversely affected.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Steel companies in Brazil face strong competition from
imported products, mainly as a result of the global excess in steel production, reduction in demand for steel products in mature markets,
exchange rate appreciation and tax incentives in some of the main exporting countries. Despite Brazilian import duties to protect domestic
producers, a substantial volume of steel products is imported. If the Brazilian government does not implement measures against subsidized
steel imports and there is an increase in imports, we may be materially and adversely affected. Apart from direct steel imports, the Brazilian
industry also faces competition from imported finished goods, which adversely affects the whole steel supply and production chain.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Protectionist and other measures
adopted by foreign governments could adversely affect our export sales.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In response to increased production and steel exports
from many countries, anti-dumping and countervailing duty and safeguard measures were imposed in the late 1990s and early 2000s by foreign
governments representing the main markets for our exports. This scenario returned in 2015, when U.S. authorities initiated anti-dumping
and countervailing duty investigations on hot-rolled and cold-rolled steel sheets and coils imported from Brazil and other countries,
which resulted in anti-dumping duties and countervailing duty tariffs issued in 2016. In 2016, the European Commission initiated an anti-dumping
investigation of hot-rolled sheets and coils imported from Brazil and other countries, which, in 2017, resulted in anti-dumping duties
for the exports of hot-rolled steel products into the European Union from Brazil.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In April 2017, the President of the United States, Donald
Trump, requested an investigation under Section 232 of the U.S. Trade Expansion Act to determine if steel imports were harming U.S. national
security. As a result of this investigation, in March 2018, the U.S. government implemented Section 232 measures and imposed an <I>ad
valorem</I> tariff of 25% on imported steel. Brazil obtained a temporary suspension of the measure until the end of April 2018, which
was extended to the end of May 2018. After the suspension, Brazil entered into an agreement with the United States, which established
quotas for semi-finished steel products based on average exports between 2015 and 2017 and quotas for finished steel products based on
average exports between 2015 and 2017 with a reduction of 30%.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Prompted by the United States&rsquo; adoption of Section
232 measures, the European Union initiated, in April 2018, an investigation into safeguards for imports of 26 categories of steel products.
In February 2019, a definitive E.U. regulation imposed safeguard measures on imports of hot-rolled, cold-rolled and tin mill products
and imposed quotas for the next three years. On February 26, 2021 the European Commission initiated a review investigation to determine
whether the E.U. safeguard measures on certain steel products should be extended past their current lapse date of June 30, 2021.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For more information on protectionist measures, see &ldquo;Item
4B. Business Overview&mdash;Regulatory Matters&mdash;Protectionist Measures.&rdquo; The imposition of these and other protectionist measures
by foreign countries may materially and adversely affect our export sales.</P>


<!-- Field: Page; Sequence: 14 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Our activities depend on authorizations,
concessions, licenses and permits and changes in applicable laws, regulations or government measures could adversely affect us.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our activities and the activities of our subsidiaries
and joint ventures are subject to governmental authorizations, concessions, licenses and permits, which include environmental licenses,
as well as water grants, for our infrastructure projects and concessions, including for the port terminals we operate and the railways
in which we have an equity interest. Although we believe that such authorizations, concessions, licenses and permits will be granted and/or
renewed as and when requested, we cannot guarantee that we will be able to maintain, renew or obtain any required authorization, concession,
license or permit, or that no additional requirement will be imposed on us in connection with our requests.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-indent: 0.25in">Authorizations, concessions, licenses or permits
required for the development of our activities may require that we meet certain performance thresholds or completion milestones. In case
we are unable to meet these thresholds or milestones, we may lose or not be able to obtain or renew such authorizations, concessions,
licenses or permits, or we may not be able to do so under the terms of new concession laws, claims for amicable contractual termination
and subsequent re-bidding for concessions. We also cannot guarantee that we, our subsidiaries and our joint ventures that hold concessions
will timely comply with our or their obligations under any relevant concession agreement or in conduct adjustment agreements (<I>Termos
de Ajustamento de Conduta</I>), or TACs, entered into with governmental agencies. In addition, we are subject to supervision and penalties
from governmental entities, including the Brazilian court of audit (<I>Tribunal de Contas da Uni&atilde;o</I>), or TCU, and regulatory
agencies. A material breach of those obligations may result in the loss or early termination of concessions, authorizations, permits and/or
licenses, the restriction of access to public financing for the concession or the amortization of public financing before a project begins
to operate, the acceleration or an event of default under our indebtedness. Additionally, we would be subject to penalties, including
fines or the closure of facilities. In case of a takeover or concession agreement termination due to government default, if we are entitled
to any indemnification from granting authorities for our investments, this indemnification may be insufficient to cover our costs, expenses
or losses and may be paid long after the events affecting our concessions, licenses or permits occur, if at all.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, changes in applicable laws or regulations
could require modifications to our technologies and operations and unexpected capital expenditures. Capital expenditures that we have
already made may not generate the returns we expected, if any.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">After accidents involving the breaking of upstream mining
dams operated by other mining companies in the cities of Mariana and Brumadinho in the state of Minas Gerais, the Brazilian National Mining
Agency (<I>Ag&ecirc;ncia Nacional de Minera&ccedil;&atilde;o</I>), or the ANM, which is the regulatory agency under the Ministry of Mines
and Energy (<I>Minist&eacute;rio de Minas e&nbsp;Energia</I>) of the Brazilian government, and Brazilian environmental regulatory authorities
have applied more stringent environmental licensing requirements for mining project operations, specifically for dams.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The amount and timing of these and other environmental
and related expenditures may vary substantially from those currently anticipated and we may encounter delays in obtaining environmental
or other operating licenses, or not be able to obtain and/or renew them, which could subject us to civil, administrative or criminal liability
and closure orders. Any of the above events, among others, may adversely affect us and our ability to obtain expected returns from our
projects, and may render certain projects economically or otherwise unfeasible.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Further new or more stringent environmental licensing
requirements for our project operations, specifically for our dams, could be imposed on us. For additional information on mining regulations
in Brazil, see &ldquo;Item 4. Information on the Company&mdash;4B. Business Overview&mdash;Regulatory Matters&mdash;Mining Regulation.&rdquo;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">We have a high level of indebtedness
that could make it more difficult or expensive to refinance our maturing debt and/or incur new debt.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As of December 31, 2020, our total debt outstanding was
R$35,270.7 million, comprising R$4,126.5 million of short-term debt and R$31,144.2 million of long-term debt. We had R$9,944.6 million
in cash and cash equivalents as of December 31, 2020. Our planned investments across our business segments will require a significant
amount of cash over the course of 2021 and following years. See &ldquo;Item 4. Information on the Company&mdash;4D. Property, Plant and
Equipment&mdash;Acquisitions and Dispositions.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our level of indebtedness could affect our credit rating
and our ability to obtain any necessary financing in the future and may increase our cost of borrowing. In addition, our level of indebtedness
could make it more difficult to refinance our existing indebtedness and could make us more vulnerable in the event of a downturn in our
business. In these and other circumstances, servicing our indebtedness may use a substantial portion of our cash flow from operations,
which could adversely affect us and make it more difficult for us to make payments of dividends and other distributions to our shareholders, including the holders
of ADSs, as well as to fund our operations, working capital and capital expenditures necessary for the maintenance and expansion of our
business activities.</P>


<!-- Field: Page; Sequence: 15 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our ability to refinance our indebtedness maturing in
2021 and 2022 is subject to market conditions and creditor approvals. In the event conditions are not favorable or approvals are not obtained,
we will be required to make significant payments in the next 24 months under our financings, which would adversely affect our financial
and cash position and may result in downgrades in our credit ratings.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">We cannot assure you that our credit
ratings will not be lowered, suspended or withdrawn by the rating agencies.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our credit ratings are limited in scope, and do not address
all material risks relating to an investment in our common shares or the ADSs, but rather reflect only the views of the rating agencies
at the time the ratings are issued. These ratings may affect the cost and other terms upon which we are able to obtain funding and are
subject to change due to factors specific to us, trends in the industries we operate in or trends in the credit and capital markets generally.
As of December 31, 2020, our Fitch, Moody&rsquo;s and S&amp;P credit ratings were B+ with a positive outlook, B2 with a stable outlook
and B with a positive outlook, respectively. In February 2021, S&amp;P upgraded our credit rating to B+ with a positive outlook and, in
March 2021, Fitch upgraded our credit rating to BB- with a positive outlook.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Credit rating agencies regularly evaluate us and their
ratings are based on a number of factors, including our financial strength. We cannot assure you that credit rating agencies will not
downgrade our credit ratings or that credit ratings will remain in effect for any given period of time or not be withdrawn entirely by
the rating agencies, if in their judgment circumstances so warrant. Any lowering, suspension or withdrawal of our credit ratings may have
an adverse effect on us and our ability to refinance our existing indebtedness.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Accidents or malfunctioning equipment
on our premises, railways or ports may decrease or interrupt production, internal logistics or distribution of our products and adversely
affect us.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The steel and iron ore production processes depend on
certain critical equipment, such as blast furnaces, steel converters, continuous casting machines, rolling mills, drillers, reclaimers,
conveyor belts, crushing and screening equipment and ship loaders, as well as on internal logistics and distribution channels, such as
seaports and railways. This equipment and infrastructure may be affected in the case of malfunction or damage. Any significant interruptions
in our production process, internal logistics or distribution channels (including our ports and railways) could materially and adversely
affect us.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, our operations involve the use, handling,
storage, discharge and disposal of hazardous substances into the environment. Our mining, steel and cement businesses are generally subject
to significant risks and hazards, including fire, explosions, toxic gas leaks, spilling of polluting substances or other hazardous materials,
rockfall incidents in mining operations and incidents involving mobile equipment or machinery and accidents involving our dams. Such events
could occur by accident or by breach of operating and maintenance standards, and could result in a significant environmental impact, damage
to or destruction of our mineral properties and/or production facilities, personal injury or death, delays or suspensions in production,
monetary losses and exposure to civil responsibilities, administrative penalties, criminal sanctions and closure orders for non-compliance
with these regulations. Our health, safety and environmental standards and risk management programs and procedures may be insufficient
to prevent incidents or accidents that could adversely affect us.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Failures in or interruptions to our
telecommunications, information technology systems or automated machinery could adversely affect us.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our operations are heavily reliant on telecommunications,
information technology systems and automated machinery. Disruptions to these systems, caused by obsolescence, technical failures or intentional
acts, may adversely affect us. In addition, any failure in our systems related to confidential information, caused by external cyber&#45;attacks
or internal actions, including negligence or misconduct of our employees, could adversely affect our reputation and our interactions with
customers, competitors and other third parties, including governmental and regulatory bodies, suppliers and others, and may, among other
things, expose us to fines and litigation.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2018, Law No.&nbsp;13,709/2018, or the Brazilian General
Data Protection Law, was enacted to take effect in August 2020 and to change the personal data protection system in Brazil. This law sets
forth a new legal framework for the treatment of personal data, including the rights of personal data holders, the legal basis applicable
to personal data protection, the requirements to obtain consent, the obligations and requirements related to security incidents, personal
data leaks and transfers and the creation of the Brazilian Data Protection Authority, among others. If we fail to adapt our processes to comply with
this law, we may be subject to penalties, including mandatory disclosure of our non-compliance, temporary blocking and/or deletion of
personal data and fines of up to 2% of our revenue in the last fiscal year, excluding taxes, up to an aggregate amount of R$50.0 million
per infraction.</P>


<!-- Field: Page; Sequence: 16 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Our insurance policies may not be
sufficient to cover all our losses.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We maintain several types of insurance policies as part
of our risk management for each of our businesses and seek to follow industry practice regarding best coverage, which encompasses domestic
and international (import and export) cargo transportation (road, rail, sea or air), life insurance, personal accidents, health, automobile,
directors and officers, general liability, CAR (construction and erection risks), trade credit insurance, surety, named perils, ports
and terminal liabilities.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We also have an insurance policy covering the operational
risks, material damages and loss of profits of the following operations and subsidiaries: Presidente Vargas Steelworks, CSN Minera&ccedil;&atilde;o
S.A., or CSN Minera&ccedil;&atilde;o, and the container terminal Sepetiba Tecon S.A., or TECON.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The coverage obtained in our insurance policies may not
be sufficient to cover all risks or the extent of the risks we are exposed to, which could expose us to significant costs. Additionally,
we may not be able to successfully contract or renew our insurance policies or to do so on terms satisfactory to us. The occurrence of
one or more of these events may adversely affect us.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Our projects are subject to risks
that, if materialized, may result in increased costs and/or delays or that could prevent their timely or successful implementation.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are investing to further increase our steel, mining
and cement production capacity and/or efficiency, as well as our logistics capabilities. The success of these projects is subject to a
number of risks that, if materialized, may adversely affect our growth prospects and profitability, including, among others:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>delays, availability issues or higher than expected costs in obtaining the necessary equipment, services and materials to build and
operate a project;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>lack of infrastructure, including waste disposal areas and reliable power and water supply;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>environmental remediation costs;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>delays or higher than expected costs in obtaining or renewing required authorizations, concessions, licenses or permits and/or regulatory
approvals, including related to environmental matters, to build or continue a project;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>changes in market conditions, laws or regulations that may result in high unexpected costs, which may render a project less profitable
than expected or economically or otherwise unfeasible;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>service providers&rsquo; non-compliance with certain legal duties under Brazilian law, including tax, labor and social security, for
which we may become liable;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>breach by suppliers, contractors and service providers of their obligations with us; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>disruptions in our logistics chain and general operational or geotechnical issues.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Any one or a combination of the factors described above
may materially and adversely affect our ability to successfully implement our strategy.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">We are subject to environmental,
health and safety incidents and current, new or more stringent regulations may result in liability exposure and increased capital expenditures.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our steel production, mining, cement, energy and logistics
facilities are subject to a broad range of laws, regulations and permit requirements in the countries where we operate relating to the
protection of the environment, health and safety.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Brazilian pollution standards are subject to change, including
new effluent and air emission standards, water management and solid waste-handling regulations, wildlife maintenance regulations, restrictions
on business expansions, native forest preservation requirements and the obligation to support the creation of an integral protection conservation
unit, as privately owned conservation areas (<I>Reserva Particular do Patrim&ocirc;nio Natural</I>), or national parks, or areas of relevant
ecological interest (<I>&Aacute;rea de Relevante Interesse Ecol&oacute;gico</I> &ndash; ARIE) as environmental compensation for industrial
and mining expansion projects. The Brazilian government has adopted a decree under the national policy for climate change (<I>Pol&iacute;tica
Nacional de Mudan&ccedil;as Clim&aacute;ticas</I>) that contemplates a reduction in carbon emissions for the mining, steel and
cement industries and an action plan is under development by a technical committee composed of representatives from the government, industry
associations and academia.</P>


<!-- Field: Page; Sequence: 17 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The state of Rio de Janeiro, through the State Environment
Institute (<I>Instituto Estadual do Ambiente</I>), or INEA, issued a law that requires steel making and cement facilities to present action
plans to reduce greenhouse gas emissions when renewing or applying for operational licenses. At the federal level, the environmental national
council (<I>Conselho Nacional do Meio Ambiente</I>), or CONAMA, issued Resolution No. 436/2011 to address air emissions that obliged steel
companies to comply with certain emission standards as of December 2018, including adjustments in the filters of plant chimneys. In September
2018, we entered into a TAC with the state of Rio de Janeiro relating to this resolution. The Brazilian government has also established
a national policy for solid waste (<I>Pol&iacute;tica Nacional de Res&iacute;duos S&oacute;lidos</I>), which provides for strict guidelines
for solid waste management and industry targets for reverse logistics as part of the environmental licensing process. Finally, a new regulatory
framework for mining operations was issued in June 2018, which has imposed and may further impose stricter regulations on our mining operations,
including requests for environmental recovery of areas and investments for the granting of mining concessions. Any failure to comply with
these or other laws, resolutions and standards may expose us to civil, criminal and administrative liability.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our operations involve the use of natural resources, and
are subject to significant risks and hazards, including fire, explosion, toxic gas leaks, spilling of polluting substances or other hazardous
materials, rockfalls, incidents involving dams, failure of operational structures and incidents involving mobile equipment, vehicles or
machinery. This could occur by accident or by breach of operating and maintenance standards, and could result in significant environmental
and social impacts, damage to or destruction of mineral properties or production facilities, personal injury, illness or death of employees,
contractors or community members close to operations, environmental damage, delays in production, monetary losses and possible legal liability.
Additionally, in remote localities, our employees may be exposed to tropical and contagious diseases that may affect their health and
safety. Notwithstanding our standards, policies and controls, our operations remain subject to incidents or accidents that could adversely
affect us and our stakeholders.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">New or more stringent environmental, health and safety
standards imposed on us could require increased capital expenditures, additional legal preservation areas within our properties or modifications
to our operating practices or projects. For further information on environmental regulations and claims, see &ldquo;Item 4. Information
on the Company&mdash;4B. Business Overview&mdash;Governmental Regulation and Other Legal Matters.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The amount and timing of expenditures related to environmental,
health and safety matters may vary substantially from those currently anticipated. These additional costs may have a negative impact on
the profitability of the projects we intend to implement or may make such projects economically unfeasible. Waste disposal, including
our slag piles, and emission practices may result in the need for us to clean up or retrofit our facilities or our disposal locations
at substantial costs and/or could result in substantial civil, criminal and administrative liability, including, among others, pursuant
to public civil actions. Environmental legislation in foreign markets to which we export our products may also materially and adversely
affect our export sales and us.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, we may enter into TACs with Brazilian regulatory
agencies that require us to minimize or eliminate the risk of environmental impacts in the areas where we operate. If we are unable to
comply with a TAC or to remediate non-compliance in a timely manner, we may be exposed to penalties, such as fines, delays in obtaining
environmental or other operating licenses, revocation of permits or closure of facilities.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Our governance and compliance procedures
may fail to prevent regulatory penalties and reputational harm.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We operate in a global environment and our activities
straddle multiple jurisdictions and complex regulatory frameworks subject to enforcement worldwide. Our governance and compliance procedures
may not prevent breaches of legal, accounting and/or governance standards applicable to us, and we may be unable to identify wrongdoing
or improper activities by members of our management, employees, contracts or other agents. We may be subject to breaches of our Code of
Ethics, business conduct protocols and to instances of fraudulent behavior, dishonesty and unlawful conduct by members of our management,
employees, contractors or other agents, which could subject us to fines, loss of our operating licenses and reputational harm, as well
as other penalties, which may materially and adversely affect us.</P>


<!-- Field: Page; Sequence: 18 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">We may fail to maintain an effective
system of internal controls, which could prevent us from timely and accurately reporting our financial results.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our internal controls over financial reporting may not
prevent or detect misstatements in a timely manner due to inherent limitations, including human error, circumvention or overriding of
controls, or fraud. Even effective internal controls can provide only reasonable assurance with respect to the preparation and fair presentation
of financial statements. If we fail to maintain the adequacy of our internal controls, including implementing new or improved required
controls, we could fail to meet our financial reporting obligations, which could trigger a default under certain of our agreements. In
this regard, and in connection with management&rsquo;s evaluation of the effectiveness of our internal control over financial reporting,
we concluded that, as of December 31, 2020, our internal control over financial reporting is effective.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Certain of our operations depend
on joint ventures, strategic alliances and consortia, among other forms of cooperation, and our business could be adversely affected if
our partners fail to observe their commitments.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We currently operate parts of our business through joint
ventures, strategic alliances and consortia with other companies. We have, among others: (i) a strategic alliance with an Asian consortium
at our controlled investee CSN Minera&ccedil;&atilde;o to mine iron ore; (ii) a joint venture with other Brazilian steel and mining companies
at MRS Log&iacute;stica S.A., or MRS, to explore railway transportation in the Southeastern region of Brazil; (iii) a joint venture with
certain Brazilian governmental entities at Transnordestina Log&iacute;stica S.A., or TLSA, to explore railway transportation in the Northeastern
region of Brazil; (iv) a joint venture with Engie Brasil Energia S.A., or Engie Brasil, and Companhia de Cimento Itamb&eacute;, or Itamb&eacute;,
at It&aacute; Energ&eacute;tica S.A., or ITASA, to produce electricity; and (v) a consortium with L.D.R.S.P.E Gera&ccedil;&atilde;o de
Energia e Participa&ccedil;&otilde;es, Alian&ccedil;a Gera&ccedil;&atilde;o de Energia S.A. (union of Vale S.A., or Vale, and CEMIG Gera&ccedil;&atilde;o
e Transmiss&atilde;o S.A.), or Alian&ccedil;a, and AngloGold Ashanti C&oacute;rrego do S&iacute;tio Minera&ccedil;&atilde;o S.A., or AngloGold,
at Igarapava hydroelectric facility to produce electricity.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our forecasts and plans for these joint ventures, strategic
alliances and consortia assume that our partners will observe their obligations to make capital contributions, purchase products and,
in certain cases, provide managerial personnel or financing. In addition, many of the projects contemplated by our joint ventures or consortia
rely on financing commitments, which contain certain preconditions for each disbursement. If any of our partners fails to observe their
commitments or we fail to comply with all preconditions required under our financing commitments or other partnership arrangements, the
affected joint venture, consortium or other project may not be able to operate in accordance with its business plans, or we may have to
increase the level of our investment to implement these plans, which could adversely affect us.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Risks associated with drilling and
production could render mining projects economically unfeasible.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Once mineral deposits are discovered, it can take a number
of years from the initial phase of drilling until production is possible, during which time the economic feasibility of production may
change. Substantial time and expenditures are required to:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>establish mineral reserves through drilling;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>determine appropriate mining and metallurgical processes for optimizing the recovery of metal contained in ore;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>obtain environmental and other licenses;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>construct mining and processing facilities and set up the infrastructure required for greenfield properties; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>obtain the ore or extract the minerals from the ore.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">If a mining project proves to not be economically feasible
by the time we are able to profit from it, we may incur substantial losses and be obliged to record write-offs. In addition, potential
changes or complications involving metallurgical and other technological processes arising during the life of a project may result in
delays and cost overruns that may render the project not economically feasible.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Our mineral reserve and mine life
may prove inaccurate, market price fluctuations and cost changes may render certain ore reserves uneconomical to mine and we may face
rising extraction costs or investment requirements over time as our reserves deplete.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our reported ore reserves are estimated quantities of
ore and minerals that we have determined can be economically mined and processed under present and anticipated conditions to extract their
mineral content.</P>


<!-- Field: Page; Sequence: 19 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt">There are numerous uncertainties inherent in estimating quantities of reserves
and in projecting potential future rates of mineral production, including many factors beyond our control. Reserve engineering involves
estimating deposits of minerals that cannot be measured in an exact manner, and the accuracy of any reserve estimate is a function of
the quality of available data and engineering and geological interpretation and judgment. As a result, no assurance can be given that
the indicated amount of ore will be recovered or that it will be recovered at the rates we anticipate. Estimates of different engineers
may vary, and results of our mining production subsequent to the date of an estimate may lead to revision of estimates. Reserve estimates
and estimates of mine life may require revision based on actual production experience and other factors. For example, fluctuations in
the market prices of minerals and metals, reduced recovery rates or increased operating and capital costs due to inflation, exchange rates
or other factors may render proven and probable reserves uneconomic to exploit and may ultimately result in a restatement of reserves.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, reserves are gradually depleted in the ordinary
course of our exploration activities. As mining progresses, distances to the primary crusher and to waste deposits becomes longer and
pits become steeper. Also, for some types of reserves, mineralization grade decreases and hardness increases at increased depths. As a
result, over time we may experience rising unit extraction costs with respect to each mine, or we may need to make additional investments,
including adaptation or construction of processing plants and expansion of our dry tailings processes. Our exploration programs may also
fail to result in the expansion or replacement of reserves depleted by current production. If we do not enhance existing reserves or develop
new operations, we may not be able to sustain our current level of production beyond the remaining lives of our existing mines. See &ldquo;Item
4. Information on the Company&mdash;4B. Business Overview&mdash;Our Mining Segment&mdash;Mineral Reserve.&rdquo;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Our subsidiary CSN Minera&ccedil;&atilde;o
intends to invest in the increase of the total iron ore processing capacity of its facilities and it may not necessarily complete these
investments as planned and/or effectively achieve the production volume corresponding to the planned total iron ore processing capacity.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our subsidiary CSN Minera&ccedil;&atilde;o included in
its business plan certain investments to increase its iron ore processing capacity in the medium and long term. The expansion of its production
capacity involves significant investment and expenses and may not result in the effective expansion of its iron ore production, which
depends on other additional factors, including the expansion of its mineral reserves. Moreover, these investments to increase its processing
capacity are subject to numerous risks inherent to mining projects.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">CSN Minera&ccedil;&atilde;o has planned investments for
the expansion of its iron ore processing capacity from 33 million tons per year to up to 108 million tons per year by 2033. However, these
numbers do not represent expected production volumes, but rather the limit of production capacity of its facilities following the implementation
in full of its current business plan. We can provide no assurances that CSN Minera&ccedil;&atilde;o&rsquo;s production volume will effectively
reach 108 million tons per year by 2033.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">If CSN Minera&ccedil;&atilde;o is unable to transform
its iron ore processing capacity into effective iron ore production, it may not obtain the expected return on investments made, which
may adversely affect us.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Natural and other disasters, or extreme
weather conditions, could disrupt our operations.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Extreme weather conditions, such as heavy rainfall or
flooding, could reduce the available supply of our raw materials and increase our raw materials costs, as well as delay and otherwise
disrupt our operations, including relating to logistics. Additionally, we are subject to technical or physical risks including fire, power
loss, water supply loss, leakages, accidents and failures in telecommunications and information technology systems, whether resulting
from natural or other disasters or otherwise, any of which could disrupt our operations.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">We may not be able to consummate
proposed acquisitions or integrate acquired businesses successfully.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">From time to time, we may evaluate acquisition opportunities
that would strategically fit our business objectives. If we are unable to consummate acquisitions or to integrate them successfully and
develop these businesses to realize revenue growth and cost savings, we could be adversely affected. Acquisitions also pose the risk that
we may be exposed to successor liability involving an acquired company. Due diligence conducted in connection with an acquisition, and
any contractual guarantees or indemnities that we receive, may not be sufficient to protect us from, or compensate us for, actual liabilities.
A material liability associated with an acquisition, including related to labor or environmental matters, could adversely affect us and
reduce the expected and bargained-for benefits of the acquisition.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, we may incur asset impairment charges related
to acquisitions, which may reduce our profitability. Our acquisition activities may also present financial, managerial and operational
risks, including diversion of management attention from existing core businesses, difficulties
integrating or separating personnel, financial and other systems, failure to achieve the operational benefits that were anticipated at
the time of the transaction, adverse effects on existing business relationships with suppliers and customers, inaccurate estimates of
fair value made in the accounting for acquisitions and/or amortization of acquired intangible assets which would reduce future reported
earnings, potential loss of customers or key employees of acquired businesses and indemnities and potential disputes with buyers or sellers.
Finally, proposed acquisitions may also be subject to review from the antitrust authorities in the countries involved in the transaction,
which may approve the transaction, do so subject to restrictions, including the divestment of assets, or reject it. Any of these developments
or adverse regulatory decisions could adversely affect us.</P>


<!-- Field: Page; Sequence: 20 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">We may not be able to maintain adequate
liquidity and our cash flows from operations and available capital may not be sufficient to meet our obligations.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">While our cash flows from operations and available capital
have been sufficient to meet our current operating expenses, contractual obligations and debt service requirements to date, our liquidity,
cash flows from operations and available capital may be adversely affected by the pricing environment for our products, the exchange rate
environment and the effects of weak macroeconomic conditions in Brazil. We are considering certain measures to improve our liquidity and
debt profile, including the potential sale of certain assets. In addition, we are negotiating the extension of certain of our credit facilities.
If we are unable to successfully sell certain assets and/or extend our debt amortization profile, we may not be able to maintain adequate
liquidity and our cash flows from operations and available capital may not be sufficient to meet our obligations.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">We have experienced labor disputes
in the past that have disrupted our operations, and such disputes may recur.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">A substantial number of our employees and some of the
employees of our subcontractors are represented by labor unions and are covered by collective bargaining or other labor agreements, which
are subject to periodic renegotiation. Strikes and other labor disruptions at any of our facilities or labor disruptions involving third
parties who may provide us with goods or services have in the past and may in the future materially and adversely affect the operations
of our facilities and/or the timing of completion and the cost of our projects.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">We are exposed to the risks of litigation.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 10pt; text-indent: 18pt">We are and may be a party to legal proceedings and judicial,
administrative or arbitration claims. For certain of these legal proceedings and claims, we have not established a provision on our balance
sheet or have only established provisions for part of the amounts in question, based on our external or internal counsels&rsquo; judgment
as to the likelihood of an outcome unfavorable to us. Although we are contesting existing proceedings and claims, the outcome of each
specific proceeding and claim is uncertain and may result in obligations that could materially and adversely affect us. In addition, certain
judicial or administrative proceedings may adversely affect our shareholders and holders of the ADSs, specifically their receipt of dividends.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">The outbreak of communicable diseases
such as the ongoing COVID-19 global pandemic may affect investment sentiment, cause operational disruptions and result in sporadic volatility
in global markets.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The outbreak of communicable diseases such as the ongoing
COVID-19 global pandemic may affect investment sentiment, cause operational disruptions and result in volatility in global markets, which
may materially and adversely affect our customers, our suppliers and us. Quarantines and government measures may restrict certain economic
activities in affected regions globally, including Brazil, resulting in reduced business volume, disrupted production and operations and
temporary closures of our or other companies&rsquo; facilities.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">There remains uncertainty regarding the duration of disruptions
deriving from the COVID-19, the extent of government intervention or other measures and economic effects on the stock market, foreign
exchange rates, unemployment rates, interest rates and otherwise. The extent to which the COVID-19 global pandemic will affect us depends
on future developments that are highly uncertain and cannot be predicted as of the date of this annual report.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">The effect of any discontinuation
or replacement of the LIBOR may adversely affect us.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The U.K. Financial Conduct Authority announced in July
2017 that it intends to no longer compel banks to submit rates for the calculation of the London interbank offered rate, or LIBOR, after
2021. To mitigate any possible impact, various regulators have proposed alternative reference rates. As of December&nbsp;31, 2020, we
had R$3,247 million of LIBOR-indexed financings maturing after 2021. We cannot predict the effect of any discontinuation or replacement of the LIBOR at this time and, consequently,
we cannot assure you that these changes will not have an adverse effect on us.</P>


<!-- Field: Page; Sequence: 21 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Risks Relating to Our
Common Shares and the ADSs</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Our controlling shareholder has the
ability to direct our business and affairs and its interests could conflict with yours.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our controlling shareholder has the power to, among other
things, elect a majority of our directors and determine the outcome of any action requiring shareholder approval, including transactions
with related parties, corporate reorganizations, acquisitions, dispositions, the destination and diversification of our investments and
the timing and payment of any future dividends, subject to minimum dividend payment requirements imposed by Brazilian Corporate Law. Our
controlling shareholder may have an interest in pursuing acquisitions, dispositions, financings or other transactions that could conflict
with your interests as a holder of our common shares or the ADSs. In addition, the interests of the members of our controlling family
have not always been aligned and any conflicts that may arise may adversely affect us.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">If you surrender ADSs and withdraw
common shares, you risk forfeiting Brazilian tax advantages and losing the ability to timely remit foreign currency abroad.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">A<FONT STYLE="font-family: Times New Roman,serif">s an
ADS holder, you benefit from the electronic certificate of foreign capital registration obtained by the custodian for our common shares
underlying the ADSs in Brazil, which allows the custodian to convert dividends and other distributions with respect to our common shares
into non-Brazilian currency and remit the proceeds abroad. Pursuant to </FONT>Resolution No. 4,373, dated September 29, 2014, of the Brazilian
National Monetary Council (<I>Conselho Monet&aacute;rio Nacional</I>), or the CMN, <FONT STYLE="font-family: Times New Roman,serif">in
order for an investor to surrender ADSs for the purpose of withdrawing the common shares represented thereby and be entitled to trade
the underlying common shares directly on the </FONT>B3 S.A. &ndash; <I>Brasil, Bolsa, Balc&atilde;o</I>, or the B3<FONT STYLE="font-family: Times New Roman,serif">,
the investor is required to appoint a Brazilian financial institution duly authorized by the Central Bank and the CVM to act as its legal
representative, who is responsible, among other things, for keeping and updating the investors&rsquo; certificates of registration with
the Central Bank. If you surrender ADSs and withdraw common shares, you may be subject to a less favorable tax treatment on gains with
respect to these investments. Moreover, if your representative fails to obtain or update the relevant certificates of registration, you
may incur in additional expenses or be subject to operational delays which could affect your ability to receive dividends or distributions
relating to our common shares or the return of your capital in a timely manner. The custodian&rsquo;s certificate of registration or any
foreign capital registration directly obtained by you may be affected by future legislative or regulatory changes, and we cannot assure
you that additional restrictions applicable to you, the disposition of the underlying common shares or the repatriation of the proceeds
from the process will not be imposed in the future. For a more complete description of Brazilian tax regulations, including any potential
risks regarding the possibility that the sale or disposition of ADSs by a Non-Brazilian Holder may be subject to capital gains tax in
Brazil, see &ldquo;Item 10. Additional Information&mdash;10E. Taxation&mdash;Brazilian Tax Considerations.&rdquo; </FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Holders of ADSs may not be able to
exercise their voting rights.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Holders of ADSs may only exercise their voting rights
with respect to the underlying common shares in accordance with the provisions of the deposit agreement. Under the deposit agreement,
ADS holders must vote by giving voting instructions to the depositary. Upon receipt of the voting instructions of the ADS holder, the
depositary will vote the underlying common shares in accordance with these instructions. If we ask for voting instructions, the depositary
will notify ADS holders of the upcoming vote and will arrange to deliver the proxy card. We cannot assure that ADS holders will receive
the proxy card in time to ensure that they can instruct the depositary to vote. In addition, the depositary and its agents are not liable
for failing to carry out voting instructions or for the manner in which they do so. Alternatively, ADS holders can exercise their right
to vote by surrendering their ADSs for cancellation in exchange for our common shares. Pursuant to applicable Brazilian law, companies
that issue ADSs must publish the first call for a shareholders&rsquo; meeting at least 30 days in advance of the meeting, and the second
call must be published at least eight days in advance of the meeting. When a shareholders&rsquo; meeting is convened, holders of ADSs
may not receive sufficient advance notice to surrender their ADSs in exchange for the underlying common shares in time to allow them to
vote with respect to any specific matter. As a result, holders of ADSs may not be able to exercise their voting rights.</P>


<!-- Field: Page; Sequence: 22 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">The relative volatility and illiquidity
of the Brazilian securities markets may substantially limit your ability to sell the common shares underlying the ADSs at the price and
time you desire.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Investing in securities that trade in emerging markets,
such as Brazil, often involves greater risk than investing in securities of issuers in the United States and other developed countries,
and such investments are generally considered to be more speculative in nature. The Brazilian securities market is substantially smaller,
less liquid, more concentrated and can be more volatile than major securities markets in the United States and other developed countries.
There is also significantly greater concentration in the Brazilian securities market than in major securities markets in the United States
and other developed countries. The ten largest companies in terms of market capitalization represented 48.1% of the aggregate market capitalization
of the B3 as of December 31, 2020. Although you are entitled to withdraw the common shares underlying the ADSs from the depositary at
any time, your ability to sell the common shares underlying the ADSs at the price and time you wish may be substantially limited.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Holders of ADSs may be unable to
exercise preemptive rights with respect to our common shares.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We may not be able to offer our common shares to U.S.
holders of ADSs pursuant to preemptive rights granted to holders of our common shares in connection with any future issuance of our common
shares unless a registration statement under the Securities Act is effective with respect to such common shares and preemptive rights,
or an exemption from the registration requirements of the Securities Act is available. We are not obligated to file a registration statement
relating to preemptive rights with respect to our common shares or to undertake steps that may be needed to find available exemptions
from registration, and we cannot assure you that we will file any such registration statement or take any such steps. If such a registration
statement is not filed and an exemption from registration is not available the depositary of the ADSs may attempt to sell the preemptive
rights, and you will be entitled to receive the proceeds of such sale. However, these preemptive rights will expire if the depositary
does not sell them, and U.S. holders of ADSs will not realize any value from the granting of such preemptive rights. For a more complete
description of preemptive rights, see &ldquo;Item 10. Additional Information&mdash;10B. Memorandum and Articles of Association&mdash;Description
of Capital Stock&ndash;&ndash;Preemptive Rights.&rdquo;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">A decrease in our market capitalization
may increase volatility in the trading price of our common shares and the ADSs.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In recent years, our market capitalization has been volatile,
resulting in increased volatility in the trading price of our common shares and the ADSs. Any decrease in our market capitalization may
further increase this volatility. If the trading price of the ADSs drops below the levels required by the listing standards of the New
York Stock Exchange, or the NYSE, we may be required to do a reverse stock split or a ratio change of the number of common shares per
ADS in order to regain compliance with the NYSE&rsquo;s listing standards.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The trading price of the ADSs increased in 2020 and, as
of December 31, 2020, presented a variation of 74.9% as compared to their trading price as of December 31, 2019.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><A NAME="a_012"></A><FONT STYLE="font-family: Times New Roman,serif; color: windowtext; background-color: white">Item
4</FONT>. Information on the Company</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_013"></A><FONT STYLE="background-color: white">4A</FONT>. History and Development
of the Company</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Companhia Sider&uacute;rgica Nacional is a Brazilian corporation
(<I>sociedade por a&ccedil;&otilde;es</I>) incorporated in 1941 pursuant to a decree of Brazilian president Getulio Vargas. The Presidente
Vargas Steelworks, located in the city of Volta Redonda, in the state of Rio de Janeiro, began its production of coke, pig iron and steel
products in 1946, when we also incorporated the Casa de Pedra mine, located in the city of Congonhas, state of Minas Gerais, and the Arcos
mine, located in the city of Arcos, state of Minas Gerais. The Casa de Pedra mine assures us self-sufficiency in iron ore and the Arcos
mine provides limestone and dolomite.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We were privatized through a series of auctions held in
1993 and early 1994, through which the Brazilian government sold its 91% ownership interest.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Between 1993 and 2002, we implemented a capital improvement
program aimed at increasing our annual production of crude steel, improving the quality of our products and enhancing our environmental
protection and cleanup programs. As part of these investments, since February 1996, all our production involves continuous casting, which
requires lower energy use and results in decreased metal loss as compared to ingot casting. From 1996 until 2002, we invested the equivalent
of US$2.4 billion in our capital improvement program and on maintaining our operational capacity, culminating with the renovation of our
blast furnace no. 3 at the President Vargas Steelworks and Hot Strip Mill No. 2 in 2001.</P>


<!-- Field: Page; Sequence: 23 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2007, we started to sell iron ore in the seaborne market.
Today, we, through our subsidiary CSN Minera&ccedil;&atilde;o, are an important exporter of iron ore, drawing from the high quality iron
ore reserves in the Casa de Pedra and Engenho mines, located in the state of Minas Gerais. CSN Minera&ccedil;&atilde;o holds the concession
to operate the Terminal de Carv&atilde;o, or TECAR, a solid bulks terminal located in Itagua&iacute; Port in the state of Rio de Janeiro,
through which CSN Minera&ccedil;&atilde;o exports iron ore and imports coal and coke.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2009, we entered the cement market with our first grinding
mill, next to the Presidente Vargas Steelworks in Volta Redonda, in the state of Rio de Janeiro, taking advantage of the synergies of
the cement business with our steel business.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In order to diversify our product portfolio, we entered
the long steel market in 2012, with the acquisition of Stahlwerk Th&uuml;ringen Gmbh, or SWT, a long steel manufacturer located in Unterwellenborn,
Germany.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, we installed a new plant for production of
long steel products at Volta Redonda, which began operations in December 2013. The plant consists of an electric arc steelmaking furnace,
continuous casting for billets and a hot rolling mill for round section long products. This plant provides the domestic Brazilian market
with rebar for civil construction and wire rod for industrial and civil construction.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2015, we inaugurated two new grinding mills and, in
2016, we concluded a new 6,500 tons per day kiln line, reaching an aggregate annual capacity of 4.7 million tons in our cement plants.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In June 2018, we sold Heartland Steel Processing, LLC
(formerly Companhia Sider&uacute;rgica Nacional, LLC) to Steel Dynamics, Inc. for US$400.0 million. We continue our commercial import
and distribution activities in the North American market through our U.S. subsidiary Companhia Sider&uacute;rgica Nacional, LLC.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2019, investments of approximately R$250.0 million
in the maintenance of blast furnace no. 3 increased its steel production capacity by 500,000 tons per year.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, we invested R$848.0 million in our steel segment,
R$710.0 million in our mining segment and approximately R$140.0 million in our other segments. In early 2021, CSN Minera&ccedil;&atilde;o
completed its initial public offering and, as of the date of this annual report, has its shares traded on the B3.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">General</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are one of the largest fully integrated steel producers
in Brazil and Latin America in terms of crude steel production. We operate throughout the entire steel production chain, from the mining
of iron ore to the production and sale of a diversified range of high value-added steel products. We divide our business into five segments:
steel, mining, cement, logistics and energy.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Steel</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our steel segment comprises a portfolio of diverse products
and provides us an international footprint by means of our international subsidiaries and our exports from Brazil. In our flat steel segment,
we are an almost fully integrated steelmaker. Our main industrial facility, Presidente Vargas Steelworks, produces a broad line of steel
products, including slabs, hot and cold-rolled, galvanized and tin mill products for the distribution, packaging, automotive, home appliance
and construction industries.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our production process is based on the integrated steelworks
concept. Our current annual crude steel capacity and rolled product capacity at Presidente Vargas Steelworks is, in each case, 5.6 million
tons.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We obtain all of our iron ore (except for pellets), limestone
and dolomite requirements, and a portion of our tin requirements, from our own mines. Using imported coal, we produce approximately 55%
of our coke requirements at current production levels in our own coke batteries at Volta Redonda. Imported coal is also pulverized and
used directly in the pig iron production process. Zinc, manganese ore, aluminum and a portion of our tin requirements are purchased in
local markets. Our steel production and distribution processes also require water, industrial gases, electricity, rail and road transportation
and port facilities.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition to the production of flat steel, we operate
in the long steel segment through SWT in Germany, with annual production capacity of approximately 1.1 million tons of steel sections.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We own and operate a plant in Volta Redonda for production
of long steel products. The plant consists of an electric arc steelmaking furnace, continuous casting for billets and a hot rolling mill
for round section long products &ndash; wire rod and rebar.</P>


<!-- Field: Page; Sequence: 24 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Mining Activities</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">We own a number of high quality iron ore mines, strategically
located within Brazil&rsquo;s &ldquo;Iron Ore Quadrangle&rdquo; (<I>Quadril&aacute;tero Ferr&iacute;fero</I>) in the state of Minas Gerais,
including the Casa de Pedra and Engenho mines, located in the city of Congonhas, pertaining to our subsidiary CSN Minera&ccedil;&atilde;o,
and the Fernandinho mines, located in the city of Itabirito, and the Cayman and Pedras Pretas mining rights, located in the city of Rio
Acima and Congonhas, respectively, pertaining to our wholly owned subsidiary Min&eacute;rios Nacional S.A., or Min&eacute;rios Nacional.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">Our mining assets also include (i) the solid bulks cargo
terminal TECAR, in the state of Rio de Janeiro, which pertains to CSN Minera&ccedil;&atilde;o; (ii) the Bocaina mines, located in the
city of Arcos, in the state of Minas Gerais, which produce dolomite and limestone; and (iii) Estanho de Rond&ocirc;nia S.A., or ERSA,
located in the city of Ariquemes, in the state of Rond&ocirc;nia, which mines and casts tin.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">We sold 29.6 million tons, 34.9 million tons and 26.9
million tons of iron ore to third parties in 2018, 2019 and 2020, respectively.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Logistics</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our vertical integration strategy and the synergies among
our business units are strongly dependent on the logistics needed to guarantee the transportation of inputs at low cost. A number of railways
and port terminals comprise the logistics system that integrates our mining, steelmaking and cement units.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We operate a port terminal for containers, TECON at Itagua&iacute;
Port, in the state of Rio de Janeiro, and CSN Minera&ccedil;&atilde;o operates TECAR.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We also have the following participation in three railways:
(i) we share control in MRS, which operates in the Southeast region of the federal railway system, along the Rio de Janeiro &ndash; S&atilde;o
Paulo &ndash; Belo Horizonte axis; (ii) we have an interest in joint venture TLSA, which has a concession to construct and operate the
Northeastern Railway System II; and (iii) we control Ferrovia Transnordestina Log&iacute;stica S.A., or FTL, which operates the Northeastern
Railway System I.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Cement</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We entered the cement market in 2009 in order to take
advantage of the synergy potential with our steelmaking business. Our cement operations use as inputs slag generated by our blast furnaces
at Volta Redonda and limestone from our limestone reserves in our Bocaina mines, which is used to produce clinker. Slag and clinker are
the main inputs in cement production.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2015, we inaugurated two grinding mills and, in 2016,
we concluded a new kiln line with a capacity of 6,500 tons per day, reaching an aggregate capacity of 4.7 million tons per year of cement
production considering our Volta Redonda and Arcos plants. We plan to increase our market share in the cement segment in Brazil in order
to diversify our product mix and markets, which will allow us to reduce our risk exposure.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Electricity</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Steelmaking requires significant amounts of electricity
to power rolling mills, production lines, hot metal processing, coking plants, cryogenic plant and auxiliary units. In 2019, our Presidente
Vargas Steelworks consumed approximately 2.8 million MWs of electric energy.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our main source of electricity is our thermoelectric co-generation
power plant at the Presidente Vargas Steelworks, which is fueled by gas from the steel production process, with 235 MW of installed capacity.
In addition, we hold a 29.5% equity interest in the It&aacute; hydroelectric facility in the state of Santa Catarina, through a 48.75%
equity interest in ITASA and a 17.9% equity interest in the Igarapava hydroelectric facility. Through these equity interests, we have
secured 188 MW in annual power supply for our operations under power purchase agreements at a fixed price per MW hour, adjusted annually
for inflation.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2014, we installed a new turbine generator at the Presidente
Vargas Steelworks, which added 21 MW to our existing installed capacity. This turbine is located near our blast furnace and uses outlet
gas from our iron production to generate energy.</P>


<!-- Field: Page; Sequence: 25 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Recent Developments</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Debt Reprofiling</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In January 2021, we reprofiled US$265 million in aggregate
principal amount of export prepayments, of which US$79 million, originally scheduled to mature in 2022, was extended to 2023. In addition,
we amortized R$315 million in aggregate principal amount of export credit notes scheduled to mature in 2021.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In February 2021, we repurchased and cancelled R$391 million
in aggregate principal amount of outstanding debentures.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Drop-down of Cement Segment</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In January 2021, we completed a drop-down of our cement
segment, comprising all its assets and liabilities, to our subsidiary CSN Cimentos S.A.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Initial Public Offering of CSN Minera&ccedil;&atilde;o</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-indent: 0.25in">In February 2021, CSN Minera&ccedil;&atilde;o
completed its initial public offering, as part of which we sold 327,593,584 common shares that we held in the company, followed by 50,211,323
additional common shares in March 2021, representing, in the aggregate, 377,804,907 common shares and 9.3% of our total stake, at R$8.50
per common share, in the total amount of R$3,211.4 million. Our participation in the capital stock of CSN Minera&ccedil;&atilde;o was
diluted from 87.5% to, as of the date of this annual report, 78.2%. CSN Minera&ccedil;&atilde;o also issued 161,189,078 new common shares
and raised R$1,346.1 million in net proceeds, which will be used to execute its expansion projects, as described in &ldquo;&mdash;4B.
Business Overview&mdash;Our Mining Segment&mdash;Expanding our Mining Capacity.&rdquo;</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Other Information</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our legal and commercial name is Companhia Sider&uacute;rgica
Nacional. We are organized under the laws of the Federative Republic of Brazil with head offices located at Av. Brigadeiro Faria Lima,
3400, 19<SUP>th</SUP> and 20<SUP>th</SUP> floors, Itaim Bibi, S&atilde;o Paulo, Brazil, CEP 04538-132, and our telephone number is +55
(11) 3049-7100. Our agent for service of process in the United States is Cogency Global Inc., located at 10 E. 40<SUP>th</SUP> Street,
10<SUP>th</SUP> Floor, New York, New York 10016. Our website is <I>www.csn.com.br</I>. The U.S. Securities and Exchange Commission, or
the SEC, maintains a website that contains reports, proxy and information statements, and other information regarding issuers that file
electronically with the SEC, including our filings, at <I>http://www.sec.gov</I>.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_072"></A><FONT STYLE="background-color: white">4B</FONT>. Business Overview</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Competitive Strengths</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">We believe that we have the following competitive strengths:</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><B><I>Integrated business model. </I></B>We are a highly
integrated steelmaker and we believe this integration supports resilient and profitable operations. Our integrated business model comprises
our captive sources of raw materials, principally iron ore, and our infrastructure, including railways and deep-water port facilities.
In terms of raw materials, we own a number of high-quality iron ore mines, strategically located within Brazil&rsquo;s &ldquo;Iron Ore
Quadrangle&rdquo;, which distinguishes us from our main competitors in Brazil who are required to purchase all or a portion of their iron
ore from mining companies.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><B><I>Profitable mining business. </I></B>We have invested
significantly in our mining business, placing us in a prominent position among the world&rsquo;s leading iron ore players. Further mining
expansions will enable us to expand our product portfolio and total output, increasing our presence in seaborne markets.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We have high-quality iron ore reserves in Casa de Pedra,

Engenho, Fernandinho and other mines, all located in the state of Minas Gerais. Our mining activities are an important contributor to
our EBITDA. We sold 34.8 million tons in 2018, 38.5 million tons in 2019 and 31.2 million tons in 2020 of iron ore. Our mining business
also includes TECAR, a solid bulks terminal at Itagua&iacute; Port in the state of Rio de Janeiro, with a capacity to handle 660,000 TEUs
per year, and the Bocaina mine, located in the city of Arcos in the state of Minas Gerais, which produces dolomite and limestone, as well
as our subsidiary ERSA, which mines and casts tin.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><B><I>Thoroughly developed transport infrastructure. </I></B>We
have a thoroughly developed transport infrastructure, connecting our iron ore mines to our steel mills and to the port terminals we
operate. Our Presidente Vargas Steelworks facility is located next to railway and port systems, which facilitates its supply of raw
materials, product shipments and access to our main customers. Our steelworks are close
to the main steel consumer centers in Brazil, with easy access to port facilities and railways. The concession for the main railway we
use and operate is owned by MRS, in which we hold, directly and indirectly, a total of 34.94% (or 37.27% before non-controlling interest)
ownership interest. The railway connects our Casa de Pedra mine to the Presidente Vargas Steelworks and to our terminals at Itagua&iacute;
Port, which handle our iron ore exports and most of our steel exports, as well as our imports of coal and metallurgical coke.</P>


<!-- Field: Page; Sequence: 26 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><B><I>Energy generation. </I></B>We generate power through
our hydroelectric facilities of It&aacute; and Igarapava, as well as our thermoelectric plant located inside Presidente Vargas Steelworks,
which allow us to benefit from reduced energy tariffs. We sell excess energy we generate in the energy market on a spot basis. Our 235
MW thermoelectric cogeneration plant provides Presidente Vargas Steelworks with approximately 60% of its energy needs for its steel mills,
and uses as its primary fuel the waste gases generated by our coke ovens, blast furnaces and steel processing facilities. We hold a 29.5%
equity interest in the It&aacute; hydroelectric facility in the state of Santa Catarina, through a 48.75% equity interest in ITASA, and
a 17.9% equity interest in the Igarapava hydroelectric facility. Through these equity interests, we have secured 188 MW in annual power
supply for our operations under power purchase agreements at a fixed price per MW hour, adjusted annually for inflation.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><B><I>Low cost structure. </I></B>As a result of our fully
integrated business model, our thoroughly developed transportation infrastructure and our energy generation, we have been consistently
generating high margins compared to peer companies in both the steel and mining segments. Other factors that lead to our low cost structure
include the strategic location of our steelworks facility along with our low-cost, skilled workforce.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><B><I>Diverse product portfolio and product mix. </I></B>We
have a diversified flat steel product mix that includes hot-rolled, cold-rolled, galvanized and steel tin mill products, in order to meet
a wide range of customer needs across all steel-consuming industries. We focus on selling high-margin products, including tin-coated,
pre-painted, galvalume and galvanized products. Our galvanized products provide material for exposed auto parts, using hot-dip galvanized
steel and laser-welded blanks. Our CSN Paran&aacute; branch provides us with additional capacity to produce high-quality galvanized, galvalume
and pre-painted steel products for the construction and home appliance industries. In addition, our distribution subsidiary, Prada, provides
a strong sales channel in the domestic market, enabling us to meet demand from smaller customers and to establish an important presence
in this market.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><B><I>Strong presence in domestic market and strategic
international exposure for steel products. </I></B>We have a strong presence in the Brazilian market for steel products, with a market
share of approximately 28% of the domestic flat steel market. In addition, through our international subsidiaries, we sell our flat steel
products in the United States and in Europe, which aggregate sales accounted for approximately 12% of our total flat steel sales in 2020.
In 2012, we acquired SWT, a long steel producer in Germany with annual production capacity of approximately 1.1 million tons of steel
profiles, strengthening our steel products mix and geographical diversification. In 2020, SWT accounted for 16.2% of our total sales,
representing 755,000 tons.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Our Strategies</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our goal is to make the most of our high-quality product
portfolio, low cost production and diverse consumer market to preserve our position as one of the world&rsquo;s lowest-cost steel producers
and as a global player in the mining of iron ore, increase our cement segment&rsquo;s market share and optimize our infrastructure assets,
including ports, railways and power generating plants, which support our high integration and low cost structure. To achieve these goals,
we have developed specific strategies for each of our business segments, as described below.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Steel</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The strategy for our steel business comprises:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Focus on the domestic market, by increasing&nbsp;market share in the flat steel segment and long steel market;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Emphasis on high-margin coated steel products, such as galvanized, galvalume, pre-painted and tin plate;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Investments in technology startups and other disruptive companies through our subsidiary CSN Inova Ventures, in order to foster innovation
and efficiency;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Geographical diversification through our flat and long steel facilities abroad and our focus on diversifying our exports through,
among others, coated steels;</TD></TR></TABLE>


<!-- Field: Page; Sequence: 27 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Constant pursuit of operational excellence by developing and implementing cost reduction projects, including energy efficiency, and
process review programs, including internal logistics optimization, project development and implementation discipline;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Exploring marketing and commercial synergies through our flat steel distribution network and product portfolio to accelerate our entrance
into the domestic long steel market; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Increased customized services and distribution abilities through our expanding distribution network.</TD></TR></TABLE>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Mining</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In order to strengthen our position in the iron ore market,
we plan to invest in our mining assets, including through CSN Minera&ccedil;&atilde;o, to generate low operational costs and long-term
growth opportunities.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In the coming years, we expect to reach an annual shipment
level of over 60 million tons per year of iron ore products, including third party products, by increasing mine capacities, including
Casa de Pedra, and developing&nbsp;export services for third party producers. In the short-term, considering recent price appreciation
in the global iron ore market, our focus is to export high-quality iron ore at optimal margins without affecting the balance of supply
and demand in the transoceanic market. To sustain this growth, we plan to increase TECAR&rsquo;s capacity from 45 million tons per year
to 60 million tons per year.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">To maximize the profitability of our product portfolio,
we are focused on increasing our output of high quality pellet feed with Itabirito&rsquo;s deposits and investing with strategic partners
and customers in providing pellet feed to pellet producers.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Logistics</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We expect to expand our logistics capabilities, which
comprise our integrated infrastructure operations of railways and ports, in order to increase the transportation efficiency of both our
incoming raw materials and distributed products. We will continue to improve our product delivery in the Brazilian market (mainly steel
and cement) by implementing low-cost measures, increasing our use of rail transportation and providing more distribution centers to reach
end-customers.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition to our bulk terminal TECAR, our TECON container
terminal has a capacity of 440,000 containers per year.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In terms of railways, we are developing the Transnordestina
Log&iacute;stica project, which focuses on iron ore, agricultural commodities, gypsum and fuel. We also plan to invest in increased efficiency
and capacity in the South of Brazil through our participation in MRS.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Cement</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our cement business strategy involves the use of the limestone
reserves in our Bocaina mines and the slag generated by our blast furnaces at Volta Redonda. Our first cement grinding mill was inaugurated
in 2009, with a capacity to produce 2.4 million tons per year. In 2011, we began producing clinker in the Arcos plant, which provided
lower production costs. In 2015, we inaugurated two grinding mills, and in 2016, we concluded a new kiln line with a capacity of 6,500
tons per day, reaching an aggregate capacity of 4.7 million tons per year. We plan to focus on the expansion of our cement business through
increased production by means of greenfield and brownfield projects, as well as possible acquisition opportunities. The focus of our cement
sales strategy is on the retail segment, which operates with a low level of inventory and for which our distribution centers provide a
competitive advantage.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Investments and Divestitures</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><FONT STYLE="font-family: Times New Roman,serif">In addition
to our&nbsp;planned investments and capital expenditures, we continue to&nbsp;evaluate</FONT> acquisition&nbsp;opportunities,&nbsp;as
well as&nbsp;joint ventures&nbsp;and brownfield or greenfield projects,&nbsp;to improve our steel, cement and mining cost&nbsp;competitiveness
and production, along with our logistics capabilities, logistics infrastructure and energy generation.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We also continue to evaluate business opportunities in
order to improve our liquidity position in the short- to medium-term, including in the form of streaming transactions related to our iron
ore business and the sale of our investment in Usinas Sider&uacute;rgicas de Minas Gerais S.A., or Usiminas.</P>


<!-- Field: Page; Sequence: 28 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Our Steel Segment</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We produce carbon steel, which is the world&rsquo;s most
widely produced type of steel, representing the vast bulk of global consumption. From carbon steel, we sell a variety of products, both
domestically and abroad, to manufacturers in several industries.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Flat Steel</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our Presidente Vargas Steelworks produces flat steel products,
which comprise slabs, hot-rolled, cold-rolled, galvanized and tin mill products. For more information on our flat steel production process,
see &ldquo;&mdash;Production Output.&rdquo;</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Slabs</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Slabs are semi-finished products used for processing hot-rolled,
cold-rolled or coated coils and sheet products. We are able to produce continuously cast slabs with a standard thickness of 250 millimeters,
widths ranging from 830 to 1,600 millimeters and lengths ranging from 5,250 to 10,500 millimeters. We produce high, medium and low carbon
slabs, as well as micro-alloyed, ultra-low-carbon and interstitial free slabs. The slabs are then slit and finished, generating blooms
which are delivered to the long products plant.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Hot-Rolled Products</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Hot-rolled products include heavy and light-gauge hot-rolled
coils and sheets. A heavy gauge hot-rolled product, as defined by Brazilian standards, is a flat-rolled steel coil or sheet with a minimum
thickness of 5.01 millimeters. We are able to provide coils of heavy gauge hot-rolled sheet with a maximum thickness of 12.70 millimeters
used to manufacture automobile parts, pipes, structural beams and other construction products. We produce light gauge hot-rolled coils
and sheets with a minimum thickness of 1.20 millimeters, which are used for welded pipe and tubing, automobile parts, gas containers,
compressor bodies and light cold-formed shapes, channels and profiles for the construction industry.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Cold-Rolled Products</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Cold-rolled products include cold-rolled coils and sheets.
A cold-rolled product, as defined by Brazilian standards, is a flat cold-rolled steel coil or sheet with thickness ranging from 0.30 millimeters
to 3.00 millimeters. Cold-rolled products have more uniform thickness and better surface quality when compared to hot-rolled products
and their main applications are automotive parts, home appliances and construction. We supply cold-rolled coils with thickness ranging
from 0.30 millimeters to 2.99 millimeters.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Galvanized Products</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Galvanized products are comprised of flat-rolled steel
coated on one or both sides with zinc or a zinc-based alloy applied by either a hot-dip or an electrolytic process. We use the hot-dip
process, which is approximately 20% less expensive than the electrolytic process. Galvanizing is one of the most effective and low-cost
processes used to protect steel against corrosion caused by exposure to water and the atmosphere. Galvanized products are highly versatile
and can be used to manufacture a broad range of products, such as:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>automobiles, trucks and bus bodies;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>manufactured products for the construction industry, such as panels for roofing and siding, dry wall and roofing support frames, doors,
windows, fences and light structural components;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>air ducts and parts for hot air, ventilation and cooling systems;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>culverts, garbage containers and other receptacles;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>storage tanks, grain bins and agricultural equipment;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>panels and sign panels; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>pre-painted parts.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Galvanized sheets, both painted and bare, are also frequently
used for gutters and downspouts, outdoor and indoor cabinets and home appliances, among others. We produce galvanized sheets and coils
in continuous hot-dip processing lines, with thickness ranging from 0.30 millimeters to 3.00 millimeters. The continuous process allows
for products with highly adherent and uniform zinc coatings capable of being processed in nearly all kinds of bending and forming machinery.</P>


<!-- Field: Page; Sequence: 29 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We produce <I>Galvanew</I>&reg; in addition to standard
galvanized products. <I>Galvanew</I>&reg; is produced by an additional annealing cycle just after the zinc hot-dip coating process. This
annealing process causes iron to diffuse from the base steel into the zinc coating. The resulting iron-zinc alloy coating allows better
welding and paint performance. The combination of these qualities makes our <I>Galvanew</I>&reg; product particularly well suited for
manufacturing automobile and home appliance parts, including high gloss exposed parts.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">At CSN Paran&aacute;, one of our branches, we produce
<I>Galvalume&reg;</I>, a continuous Al-Zn coated material. Although the production process is similar to hot-dip galvanized coating, <I>Galvalume&reg;</I>
has at least twice the corrosion resistance of standard galvanized steel. <I>Galvalume&reg;</I> is primarily used in outdoor construction
applications that may be exposed to severe acid corrosion, like marine uses.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The value added from the galvanizing process permits us
to price our galvanized products with a higher margin. Our management believes that our expertise in value-added galvanized products presents
one of our best opportunities for profitable growth because of the increase in Brazilian demand for these products.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Through CSN Paran&aacute;, we also produce pre-painted
flat steel, which is manufactured in a continuous painting line. In this production line, a layer of resin-based paint in a choice of
colors is deposited over either cold-rolled or galvanized base materials. Pre-painted material is a higher value-added product used primarily
in the construction and home appliance markets.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Tin Mill Products</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Tin mill products consist of flat-rolled low-carbon steel
coils or sheets with, as defined by Brazilian standards, a maximum thickness of 0.45 millimeters, coated or uncoated. We apply coatings
of tin or chromium by electrolytic process. Coating costs place tin mill products among our highest priced products. The added value from
the coating process permits us to price our tin mill products at a higher margin. There are four types of tin mill products, all produced
by us in coil and sheet forms:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><I>Tin plate</I>: coated on one or both sides with a thin metallic tin layer <I>plus</I> a chromium oxide layer, covered with a protective
oil film;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><I>Tin free steel</I>: coated on both sides with a very thin metallic chromium layer <I>plus</I> a chromium oxide layer, covered with
a protective oil film;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><I>Low tin coated steel</I>: coated on both sides with a thin metallic tin layer <I>plus</I> a thicker chromium oxide layer, covered
with a protective oil film; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><I>Black plate</I>: uncoated product used as the starting material for the coated tin mill products.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Tin mill products are primarily used to make cans and
other containers. With six electrolytic coating lines, we are one of the largest producers of tin mill products in the world and the sole
producer of coated tin mill products in Brazil.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Quality Management System</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We maintain a quality management system that is certified
to comply with the International Standardization Organization, or ISO, 9001:2015 standard and the automotive industry&rsquo;s Technical
Specification IATF 16949:2016. ISO 9001:2015 is for the design and manufacture of slabs, blooms, billets, hot-rolled flat, pickled and
oiled, cold-rolled and galvanized steel, tin mill products and long steel products; and IATF 16949:2016, third edition, is for the manufacture
of hot-rolled flat, pickled and oiled steel products, cold-rolled and galvanized steel products. We maintain product certifications for
hot-rolled steel in accordance with European Standards EN10025 and regulation (EU) no. 305/2011, CE Mark, and for the supply of steel
wires and bars intended for reinforcing of concrete structures in accordance with Brazilian regulation Portaria INMETRO N&deg; 073 DE
17/03/10 and Portaria INMETRO N&deg;003 DE 04/01/11.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, we made progress towards our goal to obtain a
Global Food Safety Initiative, or GFSI, recognized certification, by achieving the GFSI Global Markets Program Basic level. Due to the
COVID-19 pandemic, we were subject to remote surveillance instead of the Global Markets Program Intermediate level on-site audit, and
we achieved a result of &ldquo;Passed&rdquo;.</P>


<!-- Field: Page; Sequence: 30 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Production Output</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table sets forth the aggregate annual production
of crude steel in Brazil and by us, and the percentage of Brazilian production attributable to us, for the periods indicated:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 16%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Crude Steel Production </B></FONT></TD>
    <TD STYLE="width: 14%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 14%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Brazil</B></FONT></TD>
    <TD STYLE="width: 14%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 14%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>CSN</B></FONT></TD>
    <TD STYLE="width: 14%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 14%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>CSN % of Brazil</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="5" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><I>(in millions of tons)</I>&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2020</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">30.9</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><font style="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">3.5</font></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">&nbsp;11.3%</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2019</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">32.2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><font style="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2.8</font></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">&nbsp;8.7%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2018</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">34.7</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">&nbsp;4.0</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">11.5%</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD COLSPAN="7" STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Source: Brazilian Steel Institute (<I>Instituto A&ccedil;o Brasil</I>), or IABr.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table presents selected operating statistics
for the periods indicated:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 28%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Certain Operating Statistics </B></FONT></TD>
    <TD STYLE="width: 18%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 18%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 18%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 18%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2018</B><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2019</B></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><I>(in millions of tons)</I></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Production of:</B></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Molten Steel</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">4.1</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2.9</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">3.6</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Crude Steel</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">4.0</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2.8</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">3.5</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Hot-Rolled Coils and Sheets</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">4.0</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">3.4</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">3.5</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Cold-Rolled Coils and Sheets</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2.8</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2.3</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2.4</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Galvanized Products</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1.7</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1.5</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1.5</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Tin Mill Products</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">0.5</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">0.4</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">0.4</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-bottom: 10pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 18pt; text-indent: -18pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(1)</TD><TD>Considering production output of Heartland Steel Processing, LLC, through May 2018. In June 2018, we sold our entire interest in Heartland
Steel Processing, LLC.</TD></TR></TABLE>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Raw Materials</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The main raw materials we use in our integrated steel
mill include iron ore, coke, coal (from which we make coke), limestone, dolomite, aluminum, tin and zinc. In addition, our production
operations consume water, gases, electricity and ancillary materials.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Iron Ore</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are able to obtain the majority of our iron ore requirements
from our Casa de Pedra and Engenho mines located in the state of Minas Gerais. The only iron ore product that we buy from third parties
is pellet. For more information, see &ldquo;&mdash;Our Mining Segment.&rdquo;</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Coal</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, our metallurgical coal consumption was 1.55 million
tons. Metallurgical coal includes coking coal and PCI coal, which is a lower grade coal injected into blast furnaces, in pulverized form,
to reduce coke consumption. The PCI system reduces our need for imported coke, thereby reducing production costs. Our total PCI coal consumption
in 2020 was 0.46 million tons, all of which was imported. The sources of the hard coking coal consumed in our plants in 2020 were: United
States (67.2%), Australia (19.8%), Mozambique (6.4%) and Canada (6.6%); and for PCI, Russia (100.0%).</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Coke</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, in addition to the approximately 0.79 million
tons of coke we produced, we also consumed 1.01 million tons of coke bought from third parties in China, Japan, India and Colombia, which
represented an increase of 34.9% as compared to our consumption in 2019.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Limestone and Dolomite</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our Bocaina Mine is located in the city of Arcos, in the
state of Minas Gerais, and has been supplying, since the early 1970s, limestone (calcium carbonate) and dolomite (dolomitic limestone)
to our Presidente Vargas Steelworks in Volta Redonda. These products are used in the process of sintering and calcination. Arcos has one
of the largest and highest quality reserves of limestone in the world. Limestone is used in the production of various products, including
clinker and cement.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The annual production of limestone and dolomite for our
steelworks is approximately 5.3 million tons.</P>



<!-- Field: Page; Sequence: 31 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The main products obtained from limestone and dolomite
that are transferred to our steelworks in Volta Redonda are:</P>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><U>Limestone and dolomite calcination</U>: with a granulometry between 32 and 76 mm, they are used in the lime plant in Volta Redonda
to produce calcitic and dolomitic lime, for further use in the steelmaking process and sintering. At the steelworks, lime is used for
chemical controlling of liquid slag, in order to preserve the refractory of the converters and assist in the stabilization of the chemical
reactions that occur during the steel manufacturing process. During sintering, the purpose of lime is to increase the performance of this
process and the final quality of the sinter that is produced.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><U>Limestone and dolomite fines for sintering</U>: used in the production of &ldquo;sinter&rdquo; in our steelworks. The sintering
process mixes and heats together with fine ores, solid fuel and flux, producing a highly reactive granulated burden. The sinter is used
in blast furnaces as the main source of iron for the production of pig iron.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The Bocaina Mine is also responsible for supplying limestone
for cement manufacturing in Volta Redonda and Arcos.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Aluminum, Zinc and Tin</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Aluminum is mostly used for steelmaking. Zinc and tin
are important raw materials used in the production of certain higher-value steel products, such as galvanized and tin plate. We typically
purchase aluminum and tin from third-party domestic suppliers and zinc from third-party domestic and international suppliers under annual
contracts. We purchase part of our tin from our subsidiary ERSA. We maintain approximately 30, 22 and 26 days&rsquo; inventory of tin,
aluminum and zinc, respectively, at the Presidente Vargas Steelworks.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Other Raw Materials</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In our production of steel, we consume, on an annual basis,
significant amounts of spare parts, refractory bricks and lubricants, which we generally purchase from domestic suppliers.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We also consume significant amounts of oxygen, nitrogen,
argon, hydrogen and other gases at the Presidente Vargas Steelworks. These gases are supplied by a third-party under a long-term contract
from gas production facilities located on the Presidente Vargas Steelworks site. In 2020, we used 664,147 tons of oxygen, 661,063 tons
of nitrogen, 10,724 tons of argon and 5,423 million cubic meters of hydrogen in the Presidente Vargas Steelworks site.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Water</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">We require large quantities of water in the production
of steel. Water serves as a solvent, a catalyst and a cleaning agent. It is also used to cool, carry waste, help produce and distribute
heat and power and dilute liquids. Our source of water is the Para&iacute;ba do Sul River, which runs through the city of Volta Redonda.
Over 93.6% of the water used in the steelmaking process is recirculated and the balance, after careful processing, is returned to the
Para&iacute;ba do Sul River. Since March 2003, the Brazilian government has imposed a monthly tax for our use of water from the Para&iacute;ba
do Sul River, based on an annual fee of approximately R$3.56 million.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Natural Gas</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The market for natural gas is strongly correlated with
the electricity market and we consume both natural gas and electricity, mainly in our hot strip mill. Naturgy (formerly Companhia Estadual
de G&aacute;s do Rio de Janeiro S.A.) is our major source of natural gas. To secure natural gas supply, we maintain a &ldquo;take-or-pay&rdquo;
agreement with Naturgy, pursuant to which we committed to acquire at least 70% of the gas volume it provides. If we do not acquire this
minimum volume, we may compensate the difference in amount paid in future years up to one year after the contract&rsquo;s termination.
In 2020, the Presidente Vargas Steelworks consumed 411.16 million cubic meters of natural gas.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Diesel Oil</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In January 2017, we entered into agreements with Companhia
Brasileira de Petr&oacute;leo Ipiranga, or Ipiranga, to receive diesel oil in order to supply our equipment in our mining plants in the
state of Minas Gerais, which provide the iron ore, dolomite and limestone used in our steel plant in Volta Redonda.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, our diesel oil consumption was 40,544 kiloliters,
used to produce 21.9 million tons of iron ore, for which we paid R$138.9 million.</P>


<!-- Field: Page; Sequence: 32 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Suppliers</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We acquire our inputs in Brazil and abroad. Aluminum,
zinc, tin, spare parts, refractory bricks, lubricants, oxygen, nitrogen, hydrogen and argon are the main inputs we acquire in Brazil.
Coal and coke are the only inputs we acquire abroad.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2018, 2019 and 2020, we consumed 19,477 tons, 678,118
tons and 75,971 tons, respectively, of third party slabs.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our main raw materials suppliers are set forth below:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 76%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 6%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 18%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B><U>&nbsp;Main Suppliers </U></B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B><U>Raw Material </U></B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Ternium</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Slabs</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Contura, Kru Overseas, Vale, Warrior, Teck Coal, Arch Coal and Trafigura</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Coal&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>CI Milpa, Sinochem and Noble</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Coke&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Zinco Sul, Nova Metais and Infiniti</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Aluminum&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Zinco Ligas, Latasa, Glencore and IBM Metais</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Zinc&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>ERSA and Minera&ccedil;&atilde;o Taboca </B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Tin&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Sotreq, Minas M&aacute;quina, Komatsu, Inova and WLM</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Spare parts&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>RHI Magnesita, Vesuvius, IBAR and Saint Gobain&nbsp;</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Refractory bricks&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Iconic, Quaker and Daido</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Lubricants&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Flat Steel Mill</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">The Presidente Vargas Steelworks, located in the city
of Volta Redonda, in the state of Rio de Janeiro, began operating in 1946. It is an integrated facility covering approximately four square
km and containing five coke batteries, three of which are in operation, three sinter plants, two blast furnaces, a basic oxygen furnace
steel shop, with three converters, three continuous casting units, one hot strip mill, three cold strip mills, two continuous pickling
lines, one continuous annealing line, 28 batch annealing furnaces, four continuous galvanizing lines, four continuous annealing lines
exclusively for tin mill products, three of which are in operation, and six electrolytic tinning lines, three of which are in operation.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">The annual production capacity of steel at the Presidente
Vargas Steelworks is 5.2 million tons.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Downstream Facilities</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">CSN Paran&aacute;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our CSN Paran&aacute; branch produces and supplies plain
regular galvanized products, <I>Galvalume</I>&reg; products and pre-painted steel products for the automotive, construction and home appliance
industries. The plant has an annual capacity of 295,000 tons of galvanized products and <I>Galvalume</I>&reg; products, 131,000 tons of
pre-painted products, which can use cold-rolled or galvanized steel as substrate, service capacity of 150,000 tons of sheets and narrow
strips, and 384,000 tons of pickled hot-rolled coils in excess of the coils required for the coating process.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">CSN Porto Real</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our CSN Porto Real branch produces and supplies plain
regular galvanized, <I>Galvanew</I>&reg; and tailored blanks mainly for the automotive industry. The plant has an annual capacity of 350,000
tons of galvanized products, including <I>Galvanew</I>&reg; products, and 354,000 tons of tailored blanks, sheets and narrow strips, which
can use cold-rolled or galvanized steel as substrate.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Companhia Metal&uacute;rgica Prada and
Prada Distribui&ccedil;&atilde;o</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Established in 1936, Companhia Metal&uacute;rgica Prada
is the largest Brazilian steel can manufacturer and has an annual production capacity of over one billion cans in its five industrial
facilities located in the states of S&atilde;o Paulo, Minas Gerais, Rio de Janeiro and Rio Grande do Sul and in the city of Bras&iacute;lia.
We are the only Brazilian producer of tin plate, which is Companhia Metal&uacute;rgica Prada&rsquo;s main raw material, making it one
of our most important products. Companhia Metal&uacute;rgica Prada has important customers in the food and chemical industries, including
packages of vegetables, fish, dairy products, meat, aerosols, infant nutrition and other business activities.</P>


<!-- Field: Page; Sequence: 33 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Prada Distribui&ccedil;&atilde;o is one of the leaders
in the Brazilian distribution market for steel products with 600,000 tons per year of installed processing capacity. Prada Distribui&ccedil;&atilde;o
has two steel service centers and three distribution centers strategically located in the Southeast region of Brazil. The service centers
are located in the city of Mogi das Cruzes, in the state of S&atilde;o Paulo, and in the city of Valen&ccedil;a, in the state of Rio de
Janeiro. Its product mix also includes sheets, slit coils, sections, tubes and roofing in standard or customized format, according to
customers&rsquo; specifications. Prada Distribui&ccedil;&atilde;o processes the entire range of products produced by us and services 4,000
customers annually from the civil construction, automotive and home appliances sectors, among others.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Lusosider A&ccedil;os Planos, S.A.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Lusosider A&ccedil;os Planos S.A., or Lusosider, is a
flat steel processing facility located in Seixal, near Lisbon, Portugal. Lusosider has the capacity to produce approximately 105,000 tons
of hot-rolled pickled coils, 36,000 tons of cold-rolled steel products and 276,000 tons of galvanized steel products per year. Its main
customers include service centers and tube making industries.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">CSN Distribui&ccedil;&atilde;o</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We have two service centers, one located in the city of
Cama&ccedil;ari, in the state of Bahia, and the other in the city of Jaboat&atilde;o dos Guararapes, in the state of Pernambuco, to support
sales in the Northeastern and Northern regions of Brazil. We also have a distribution center in the city of Canoas, in the state of Rio
Grande do Sul, to support sales in the Southern region of Brazil.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">SWT&nbsp;Long Steel Mill</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In February 2012, we acquired SWT in Germany, which marked
our entry into the long steel market. SWT specializes in the production of profiles, including IPE (European I Beams) and HE (European
Wide Flange Beams) sections, channels and UPE (Channels with Parallel Flanges) sections and steel sleepers. In total, SWT produces more
than 200 types of sections according to different German and international standards. The following table sets forth SWT&rsquo;s production:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 43%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 18pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="text-align: center; width: 19%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2018</B></FONT></TD>
    <TD STYLE="text-align: center; width: 19%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2019</B></FONT></TD>
    <TD STYLE="text-align: center; width: 19%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 18pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif; text-indent: 18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B><U>Production of: </U></B></FONT></TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Beam Blank (Crude Steel)</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">871</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">844</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">812</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Long Steel (Finished Products)</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">818</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">789</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">769</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">SWT possesses a 28 km internal railway system, as well
as the logistics infrastructure to ensure supply of scrap and delivery of finished products. The main markets served by SWT include non-residential
construction, equipment industries and engineering and transport, in Germany and in neighboring countries, including Poland and the Czech
Republic.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 47%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496"><B>&nbsp;<U>Effective Capacity &ndash; SWT</U></B></FONT></TD>
    <TD STYLE="width: 9%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 18pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 20%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 18pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 2%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 18pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 22%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 18pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 18pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 18pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496">&nbsp;<B>Tons per year</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496"><B>Equipment in operation</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif; text-indent: 18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496"><B><U>Process: </U></B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 18pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496"><B>EAF &ndash; Electric Arc Furnace</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif; text-indent: 18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496">1,100,000</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif; text-indent: 18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496">1 furnace</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496"><B>Ladle Furnace</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif; text-indent: 18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496">1,100,000</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif; text-indent: 18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496">1 furnace</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif; text-indent: 18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496"><B><U>Finished Products:</U></B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496"><B>Section Mill</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif; text-indent: 18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496">1,000,000</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif; text-indent: 18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496">1 mill</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Raw Materials</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The main raw material we use in our long steel production
is scrap. In addition, we require electricity, natural and technical gases and ancillary materials like ferroalloys, lime, dolomite and
foaming coal.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Scrap</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our scrap consumption in 2020 was 0.91 million tons, as
compared to 0.94 million tons in 2019, and accounted for approximately 58% and 61% of our production costs in 2020 and 2019, respectively.
We are able to obtain approximately 70% of our scrap needs from within a 250 km vicinity of our production facilities.</P>


<!-- Field: Page; Sequence: 34 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Ferroalloys, Lime and Foaming Coal</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Because we do not own any sources of ferroalloys, lime
or foaming coal, we must buy these raw materials from third party traders, most of which are located in Europe and source these raw materials
from producers around the world.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Rolls</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We consume different types of rolls in our rolling mill,
usually cast rolls that come from Germany, Italy, Slovenia and China.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Graphite Electrodes</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In the smelting shop, which is an electric arc furnace,
we use graphite electrodes with a diameter of 750mm. In the ladle furnace, we use electrodes with a diameter of 400mm. We source these
electrodes from Europe, Japan and China.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Other Raw Materials</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our production of steel also requires refractory materials
and materials for packaging and spare parts, which are mostly purchased from domestic suppliers.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Water</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Large amounts of water are required in the production
process. Our source of water is the Saale River, located five km from the plant. We use our own water station to pump water via pipelines
to the plant.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Electricity and Natural Gas</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Steelmaking also requires significant amounts of electricity
and natural gas, for which we have supply contracts. Under normal conditions, we consume approximately 446 GWh of electric energy and
411 GWh of natural gas annually.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Suppliers</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We acquire the inputs necessary for the production of
our products globally, with most of our main materials suppliers located in Germany, as set forth in the following table:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 1%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B><U>Main Suppliers </U></B></FONT></TD>
    <TD STYLE="width: 1%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B><U>Raw Material</U></B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Scholz, TSR</B></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Scrap</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>RWE Supply &amp; Trading GmbH</B></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Electric energy</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Total Energie Gas GmbH</B></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Natural gas</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Refractories Site Service GmbH</B></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Refractory</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Graftec, W.A.S., SHOWA DENKO</B></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Electrodes</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Siemens, Schneider, Voith</B></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Spare parts</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Irle, Walzengie&szlig;erei Coswig</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Rolls</FONT></TD></TR>
  </TABLE>
<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Volta Redonda Long Steel Mill</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We completed a new plant mill for the production of
long steel products in Volta Redonda and began assisted operations in December 2013. The Volta Redonda plant comprises a 50 ton electric
arc steelmaking furnace, 50 ton ladle furnace, continuous casting machine for billets and a hot rolling mill for wire rod and reinforcing
bar. This plant is operational and its production increases annually, providing the Brazilian market with products for civil construction
and high quality drawing and cold heading applications. In addition to our operational performance improvements, we are developing and
negotiating certain equipment enhancements that we expect will provide for nominal capacity of 383 kt/year of billets and 450 kt/year
of laminates.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Steelmaking Shop</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Designed for an output of 383,000 tons per year, this
unit mainly consists of one 50 ton UHP, AC electric arc furnace, one 50 ton ladle furnace, one continuous casting machine for billets
with three strands, mobile equipment and cranes, power supply, distribution facilities and auxiliary equipment.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Rolling Mill</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Designed for an output of 500,000 tons per year, this
unit has one walking-beam reheating furnace, or RHF, a four-stand blooming mill, a 250 ton hot shear, a six-stand roughing mill, a six-stand
intermediate mill, a six-stand pre-finishing mill, internal water cooling, a double length flying
shear, a stepping cooling bed, a 500 ton cold shear, transfer inspection stand, bundling machine, a water-cooling section before wire
finishing mill, a 10-stand high-speed wire finishing mill, a water-cooling section after wire finishing mill, a laying head, a loose coil
cooling line, reforming device, bundling machine, stripper and coil handling devices.</P>


<!-- Field: Page; Sequence: 35 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Production Output</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table sets forth the production output of
our Volta Redonda long steel mill:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 61%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif; text-indent: 18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B><U>Certain Operating Statistics </U></B></FONT></TD>
    <TD STYLE="text-align: center; width: 13%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="text-align: center; width: 13%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="text-align: center; width: 13%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>2018</B></FONT></TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>2019</B></FONT></TD>
    <TD STYLE="text-align: center; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif; text-indent: 18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><I>(in thousands of tons)</I></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Billets (Crude Steel)</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">203</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">229</FONT></TD>
    <TD STYLE="text-align: center; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">223</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Long Steel (Finished Products)</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">199</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">224</FONT></TD>
    <TD STYLE="text-align: center; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">216</FONT></TD></TR>
  </TABLE>
<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Raw Materials and Energy Suppliers</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">The main raw material we use in our long steel production
in Volta Redonda is scrap, in addition to pig iron. We also use blooms, which we produce in our blast furnace. In addition, our production
operations consume electricity, natural and technical gases and ancillary materials like ferroalloys, lime, dolomite and foaming coal.
The supply sources for these materials are the same used for our flat steel operations. See &ldquo;&mdash;Raw Materials and Suppliers.&rdquo;</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Our Mining Segment</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our mining activities are among the largest in Brazil
and are mainly driven by the exploration of one of our iron ore reserves, Casa de Pedra, in the state of Minas Gerais. We sell our iron
ore products mainly in Asia, Europe and Brazil with sales and marketing from Brazil and Austria.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Our Mines</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Casa de Pedra Mine</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Casa de Pedra is an open pit mine located in the city
of Congonhas, in the state of Minas Gerais, approximately 80 km south of the city of Belo Horizonte and 360 km north of the city of Rio
de Janeiro. The site is approximately 1,000 meters above sea level and accessible from the cities of Belo Horizonte or Congonhas through
mostly paved roads.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Casa de Pedra mine is a hematite-rich iron deposit of
an early proterozoic banded iron formation in Brazil&rsquo;s &ldquo;Iron Ore Quadrangle&rdquo;, which is located in the central part of
the state of Minas Gerais in the Southeastern region of Brazil and has been one of the most important iron producing regions in Brazil
for the last 50 years. We incorporated the mine in 1941, but it has been operating since 1913.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Casa de Pedra mine supplies all of our iron ore needs,
except pellets, and produces lump ore, sinter feed and pellet feed fines with high iron content. The following map illustrates the location
of our Casa de Pedra mine:</P>

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><IMG SRC="sidform20f2020_001.jpg" ALT=""></FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 10pt; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 36 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Engenho Mine</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Engenho mine, which began operations in 1950, is an open
cast mine located in the Southeast region of the &ldquo;Iron Ore Quadrangle&rdquo;, 60 km from the city of Belo Horizonte, in the state
of Minas Gerais. Its ore is processed in the Pires processing plant and in our unit at Casa de Pedra.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our mining operations at Casa de Pedra and Engenho mines
use hydraulic scoops and wheeled loaders to extract iron ore that is then transported by a large fleet of trucks with an installed annual
run of mine capacity of approximately 120 million tons. The iron ore is then processed in our treatment stations, which have an installed
capacity of 33 million tons of production per year (covering production in the central plant and production in the dry plants). We use
electricity from 100% renewable sources, specifically hydroelectric sources.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Fernandinho Mine</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Fernandinho mine is located in the city of Itabirito,
in the Mideastern region of the state of Minas Gerais, approximately 40 km from the city of Belo Horizonte. Fernandinho mine is an open
pit mine and is accessible from the cities of Belo Horizonte or Itabirito through mostly paved roads. Fernandinho mine began operations
in 1950. As of the date of this annual report, Fernandinho mine is inactive.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Limestone and Dolomite Mine</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our extraction and preparation of limestone and dolomite
takes place at our Bocaina mining facility located in the city of Arcos, in the state of Minas Gerais. Our Bocaina mining facility is
an open pit mine and is accessible from the cities of Belo Horizonte, located approximately 230 km away, and Volta Redonda (where the
Presidente Vargas Steelworks is situated), located approximately 462 km away, through paved roads.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The ore in this mine is excavated by a fleet of wheel
loaders, excavators and tire tractor, and is transported by a fleet of trucks. We also maintain a fuel truck, a water truck and additional
heavy equipment.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our Bocaina mining facility has an installed annual production
capacity of approximately 12.0 million tons and has sufficient limestone and dolomite reserves to adequately supply our steel production,
at current levels, for approximately 36 years.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Tin Facility</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We own a tin facility in Itapu&atilde; do Oeste, in the
state of Rond&ocirc;nia, through our subsidiary ERSA. This facility has an installed annual production capacity of approximately 3,600
tons of tin, which we use substantially as a raw material to produce tin plate, a coated steel product. A small part of our tin production
that is not used as raw material is sold to third parties; however, the results from these sales are insignificant in our consolidated
results.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Mineral Rights and Ownership</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We hold concessions to mine iron ore, limestone and dolomite.
We purchase manganese in the local market. As of the date of this annual report, we own 78.2% of CSN Minera&ccedil;&atilde;o mines and
100% of Bocaina and Santa B&aacute;rbara mines. In addition, each mine is an &ldquo;open pit&rdquo; mine. Iron ore extraction, crushing,
screening and concentration take place in three different sites: Casa de Pedra mine and Pires beneficiation plant (both of which belong
to CSN Minera&ccedil;&atilde;o) and Fernandinho mine (which belongs to Min&eacute;rios Nacional).</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Casa de Pedra</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our mining rights for Casa de Pedra include the mine,
a beneficiation plant, roads, a loading yard and a railway branch and are duly registered with the ANM. The ANM has also granted us easements
in 19 mine areas located in the surrounding region, which are not currently part of Casa de Pedra mine.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We believe we have obtained and are in compliance with
all licenses and authorizations for our operations and projects at Casa de Pedra mine.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Exploration undertaken at Casa de Pedra mine is subject
to mining lease restrictions, which were reflected in our iron ore reserve calculations. Quality requirements (chemical and physical)
are the key &ldquo;modifying factors&rdquo; in the definition of ore reserves at Casa de Pedra and were properly accounted for by us.</P>



<!-- Field: Page; Sequence: 37 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Mineral Reserves</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table sets forth information for each of
our mines on the type of mine, period of operation, projected exhaustion date and percentage of our interest as of the date of this annual
report:</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 45%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; color: #2F5496; border-bottom: Black 0.5pt solid"><B>Mine&nbsp;</B></P></TD>
    <TD STYLE="width: 2%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 19%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; color: #2F5496; border-bottom: Black 0.5pt solid"><B>Type&nbsp;</B></P></TD>
    <TD STYLE="width: 2%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 10%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; color: #2F5496; border-bottom: Black 0.5pt solid"><B>Operating
    since&nbsp;</B></P></TD>
    <TD STYLE="width: 2%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 10%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; color: #2F5496; border-bottom: Black 0.5pt solid"><B>Projected
    exhaustion date&nbsp;</B></P></TD>
    <TD STYLE="width: 2%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 8%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; color: #2F5496; border-bottom: Black 0.5pt solid"><B>CSN % interest&nbsp;</B></P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B><U>Iron: </U></B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Casa de Pedra (Congonhas, Minas&nbsp;Gerais)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Open pit&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1913&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2040&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">78.2</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Engenho (Congonhas, Minas&nbsp;Gerais)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Open pit&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2007 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2040&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">78.2</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Fernandinho (Itabirito, Minas&nbsp;Gerais)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Open pit&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2007 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2039&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">100</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #D0DBF0">
    <TD COLSPAN="9" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B><U>Limestone and Dolomite: </U></B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Bocaina (Arcos, Minas Gerais)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Open pit&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1946&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2057&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">100</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B><U>Tin:</U></B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #D0DBF0">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Santa B&aacute;rbara (Itapu&atilde; do Oeste, Rond&ocirc;nia)</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Open pit&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1950</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2054</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">100&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We calculate our estimates of proven and probable reserves
and other mineral deposits at our mines in accordance with the technical definitions contained in the SEC&rsquo;s Industry Guide 7, and
estimates of mine life described in this annual report are derived from these reserve estimates. The mineralized material disclosed refers
to the entire mines, and not just to our proportional interest in the mines.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">The following table sets forth our estimates of proven
and probable reserves and other mineral deposits at our mines reflecting the results of reserve studies:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: white">
    <TD COLSPAN="8" STYLE="white-space: nowrap; border-bottom: #0070C0 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Proven and Probable Reserves<SUP>(1)</SUP></B></FONT></TD></TR>
  <TR STYLE="background-color: #C5D9F1">
    <TD ROWSPAN="2" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Mine Name and Location</B></FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Audited Reserves</B></FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Ore Tonnage<SUP>(2)</SUP></B></FONT></TD>
    <TD ROWSPAN="2" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Grade<SUP>(3)</SUP></B></FONT></TD>
    <TD ROWSPAN="2" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Rock Type</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Recoverable Product<SUP>(4)</SUP></B></FONT></TD></TR>
  <TR STYLE="background-color: #C5D9F1">
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><I>(in millions of tons)</I></FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><I>(in millions of tons)</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><I>(in millions of tons)</I></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; width: 22%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 9%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Proven<SUP>(5)</SUP></B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Probable<SUP>(6)</SUP></B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 9%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Proven<SUP>(5)</SUP></B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Probable<SUP>(6)</SUP></B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 17%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 10%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #C5D9F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Iron Ore:</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Casa de Pedra (Congonhas, Minas Gerais)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,043</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,662</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">830</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,662</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">41.36%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Hematite (7%) Itabirite (93%)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,375</FONT></TD></TR>
  <TR STYLE="background-color: #C5D9F1">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Engenho (Congonhas, Minas Gerais)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">108</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">209</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">99</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">209</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">39.48%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Hematite (3%) Itabirite (97%)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">158</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Fernandinho (Itabirito, Minas Gerais)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">40.21%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Itabirite (100%)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #C6D9F1">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Limestone and Dolomite:</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Bocaina (Arcos, Minas Gerais)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">271</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0.2</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">271</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0.2</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">50.59% CaO</P>
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">16.82% MgO</P></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">Limestone (94.74%)</P>
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">Dolomite (5.26%)</P></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">280</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0pt 0pt 3pt">_______________________</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(1)</TD><TD>Reserves means the part of a mineral deposit that could be economically and legally extracted or produced at the time of the reserve
determination. We do not have reserve audits for the Fernandinho mine. The reserves for the Casa de Pedra and Engenho mines were audited
in December 2014 and we have reduced the amount of proven reserves by our annual production since then.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(2)</TD><TD>Represents run of mine material.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(3)</TD><TD>Grade is the proportion of metal or mineral present in ore or any other host material.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(4)</TD><TD>Represents total product tonnage after mining and processing losses.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(5)</TD><TD>Means reserves for which: (i) quantity is computed from dimensions revealed in outcrops, trenches, workings or drill holes; grade
and/or quality are computed from the results of detailed sampling; and (ii)&nbsp;the sites for inspection, sampling and measurement are
spaced so closely and the geologic character is so well defined that size, shape, depth and mineral content of reserves are well-established.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(6)</TD><TD>Means reserves for which quantity and grade and/or quality are computed from information similar to that used for proven (measured)
reserves, but the sites for inspection, sampling and measurement are farther apart or are otherwise less adequately spaced. The degree
of assurance, although lower than that for proven (measured) reserves, is high enough to assume continuity between points of observation.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We do not have audited resources or reserves studies for
our Bocaina mine, thus the resources and reserves presented in the table below were not audited by any third parties for that mine. As
for our Santa B&aacute;rbara mine, we do not have reserve estimates and do not currently plan to begin campaigns to complete a study in
connection with this property in light of its low materiality to our business.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The metallurgical recovery factor is the percentage of
iron in the ore delivered to the processing plant that is recovered by the metallurgical process. In 2020, the metallurgical recovery
factor obtained by Casa de Pedra&rsquo;s concentration plant was 83.8%. In addition to the flotation plant, we have three magnetic separation
plants that achieved metallurgical recovery factors of 61.5%, 93.3% and 3.8%. Since 2018, the Pires plant has operated through a dry process
and its metallurgical recovery factor is 100%.</P>


<!-- Field: Page; Sequence: 38 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The cutoff grade is the minimum ore percentage that determines
which material will be fed in the processing plant. The cutoff grade value for Casa de Pedra and Engenho mines considered in the most
recent audit is 23.37%.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The prices used in the 2014 audit for the estimation of
Casa de Pedra reserves are shown in the following table. As shown, the product price we assumed to estimate our reserves is based on expectations
of an average long term price of US$90 per ton,&nbsp;considered a reasonable price for sustainable development of the iron ore market.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="3" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Price for the three years prior to the audit</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Long term average</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="3" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(US$/t)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(US$/t)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; width: 28%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2011</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2012</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2013</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 35%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Assumption</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Platts Iron Ore Index (62% Fe CFR China) ($/dmt)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">169</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">130</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">135</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">90</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, average iron ore prices increased 16.6% to US$108.9/dmt,
from US$93.4/dmt in 2019, and in 2019, average iron ore prices increased 34.5% from US$69.5/dmt in 2018, according to the average Platts
Iron Ore Index (62% Fe CFR China). For more information, see &ldquo;Item 3. Key Information&mdash;3D. Risk Factors&mdash;Risks Relating
to Us and the Industries in Which We Operate&mdash;Prices charged for iron ore are subject to volatility. International iron ore prices
may decrease significantly and materially and adversely affect us or require us to suspend certain of our projects and operations.&rdquo;</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Casa de Pedra Mine</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2012, we started a multi-year study of our iron ore
resources and reserves at Casa de Pedra in accordance with best practices in the iron ore market. We conducted extensive work throughout
2014 to document and classify all information related to both the current and future operations of the Casa de Pedra mine. In 2014, we
hired Snowden Group, to undertake an independent analysis of the Casa de Pedra iron ore resources and reserves. Snowden carried out a
full analysis of all available information and has independently validated our reported resources and reserves.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Snowden accepts as appropriate the estimates regarding
proven and probable reserves made by us, totaling 2,704 million tons of iron ore, as of December 31, 2014, at a grade of 41.36% Fe and
36.46% SiO2. This estimate of our iron ore reserves at Casa de Pedra is significantly larger than our estimate of 1,631 million tons,
contained in an appraisal report prepared in 2006 by Golder Associates. Over the course of the Casa de Pedra mine&rsquo;s operation, we
have executed several drilling campaigns. The last drilling campaign was in 2014, and we had drilled more than 92,000 meters by November
2014.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Engenho and Fernandinho Mines</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2012, we started the same process used at Casa de Pedra
to identify iron ore resources and reserves at Engenho mine in two stages. We conducted extensive work throughout 2014 to document and
classify all information related to both the current and future operations of Engenho and Fernandinho mines. In 2014, we hired Snowden
Group to conduct an independent analysis of the Engenho iron ore resources and reserves and Fernandinho resources. Snowden carried out
a full analysis of all available information and has independently validated our reported resources and reserves.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Snowden accepts as appropriate the estimates regarding
proven and probable reserves made by us, totaling 317 million tons of iron ore for Engenho (as of December 31, 2014) at a grade of 39.48%
Fe and 40.01% SiO2.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">After our last drilling campaign, we had drilled more
than 9,000 meters by November 2014 in our Engenho mine.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Reserves and Resources Estimation</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Starting in 2015, we carried out an independent probe,
using the same criteria adopted by Snowden, in our Casa de Pedra and Engenho mines and, as a result (i) added 558 million tons to total
reserves, as well as depletion of 224 million tons, representing estimated total reserves of 3,355 million tons; and (ii) added 463 million
tons in inferred resources, which represents a total of 2,544 million tons.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, as a result of the voluntary probe
carried out in the Serra do Esmeril deposit, 2,000 million tons were added as estimated potential (results of exploration not yet
classified as a mineral resource or reserve). We calculated this volume in October 2019, from our probes, through geological mapping
of the mines and geometric position of the underlying ore at the mines located west of Esmeril.
Notwithstanding the analyses and drilling campaigns that we continuously carry out, which may increase or reduce the approximate value
of our resources and reserves, we estimate, based on internal studies, reports and estimates, pursuant to the Australasian Code for Reporting
of Exploration Results, Mineral Resources and Ore Reserves &ndash; the JORC Code methodology, that we have reserves resources and mineral
inventory (estimated exploratory potential) of approximately 7,899 million tons.</P>


<!-- Field: Page; Sequence: 39 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table sets forth information on our reserves
and resources as of December 31, 2020:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: center; white-space: nowrap; width: 36%; padding-left: 5.65pt; font: 10pt/115% Times New Roman,serif">&nbsp;</TD>
    <TD STYLE="text-align: center; white-space: nowrap; width: 16%; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="border-bottom: Black 0.5pt solid; font: 8pt/115% Times New Roman,serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>2015
    (Certified)</B><SUP>(1)</SUP></P></TD>
    <TD STYLE="text-align: center; white-space: nowrap; width: 16%; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="border-bottom: Black 0.5pt solid; font: 8pt/115% Times New Roman,serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>(-)
    Depletion (internal analyses)</B><SUP>(2)</SUP></P></TD>
    <TD STYLE="text-align: center; white-space: nowrap; width: 16%; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="border-bottom: Black 0.5pt solid; font: 8pt/115% Times New Roman,serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>(+)
    Additions (internal analyses)</B><SUP>(2)</SUP></P></TD>
    <TD STYLE="text-align: center; white-space: nowrap; width: 16%; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="border-bottom: Black 0.5pt solid; font: 8pt/115% Times New Roman,serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>2020
    Internal estimates </B></P></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; font: 10pt/115% Times New Roman,serif; padding-left: 5.65pt; text-indent: -5.65pt">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="white-space: nowrap; font: 10pt/115% Times New Roman,serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; text-indent: 0cm"><FONT STYLE="font-size: 8pt; line-height: 115%"><I>(in millions of tons)</I></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; font: 10pt/115% Times New Roman,serif; padding-left: 5.65pt; text-indent: -5.65pt"><FONT STYLE="font-size: 8pt; line-height: 115%">Total reserves (proven + probable)&#9;</FONT></TD>
    <TD STYLE="font: 10pt/115% Times New Roman,serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; text-indent: 0cm"><FONT STYLE="font-size: 8pt; line-height: 115%">3,021</FONT></TD>
    <TD STYLE="font: 10pt/115% Times New Roman,serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; text-indent: 0cm"><FONT STYLE="font-size: 8pt; line-height: 115%">(224)</FONT></TD>
    <TD STYLE="font: 10pt/115% Times New Roman,serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; text-indent: 0cm"><FONT STYLE="font-size: 8pt; line-height: 115%">558</FONT></TD>
    <TD STYLE="font: 10pt/115% Times New Roman,serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; text-indent: 0cm"><FONT STYLE="font-size: 8pt; line-height: 115%"><B>3,355</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; font: 10pt/115% Times New Roman,serif; padding-left: 5.65pt; text-indent: -5.65pt"><FONT STYLE="font-size: 8pt; line-height: 115%">Inferred resources&#9;</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="text-align: right; font: 8pt/115% Times New Roman,serif; margin: 0; text-indent: 0cm; border-bottom: Black 0.5pt solid">2,081</P></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="text-align: right; font: 8pt/115% Times New Roman,serif; margin: 0; text-indent: 0cm; border-bottom: Black 0.5pt solid">0</P></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="text-align: right; font: 8pt/115% Times New Roman,serif; margin: 0; text-indent: 0cm; border-bottom: Black 0.5pt solid">463</P></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="text-align: right; font: 8pt/115% Times New Roman,serif; margin: 0; text-indent: 0cm; border-bottom: Black 0.5pt solid"><B>2,544</B></P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; font: 10pt/115% Times New Roman,serif; padding-left: 5.65pt; text-indent: -5.65pt"><FONT STYLE="font-size: 8pt; line-height: 115%"><B>Total (reserves and resources)</B>&#9;</FONT></TD>
    <TD STYLE="font: 10pt/115% Times New Roman,serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; text-indent: 0cm"><FONT STYLE="font-size: 8pt; line-height: 115%"><B>5,102</B></FONT></TD>
    <TD STYLE="font: 10pt/115% Times New Roman,serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; text-indent: 0cm"><FONT STYLE="font-size: 8pt; line-height: 115%"><B>(224)</B></FONT></TD>
    <TD STYLE="font: 10pt/115% Times New Roman,serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; text-indent: 0cm"><FONT STYLE="font-size: 8pt; line-height: 115%"><B>1,021</B></FONT></TD>
    <TD STYLE="font: 10pt/115% Times New Roman,serif; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; text-indent: 0cm"><FONT STYLE="font-size: 8pt; line-height: 115%"><B>5,899</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="white-space: nowrap; font: 10pt/115% Times New Roman,serif; padding-left: 5.65pt; text-indent: -5.65pt"><FONT STYLE="font-size: 8pt; line-height: 115%">Serra do Esmeril mapped inventory (estimated exploratory potential)&#9;</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="text-align: right; font: 8pt/115% Times New Roman,serif; margin: 0; text-indent: 0cm; border-bottom: Black 0.5pt solid">&ndash;</P></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="text-align: right; font: 8pt/115% Times New Roman,serif; margin: 0; text-indent: 0cm; border-bottom: Black 0.5pt solid">0</P></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="text-align: right; font: 8pt/115% Times New Roman,serif; margin: 0; text-indent: 0cm; border-bottom: Black 0.5pt solid">2,000</P></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="text-align: right; font: 8pt/115% Times New Roman,serif; margin: 0; text-indent: 0cm; border-bottom: Black 0.5pt solid"><B>2,000</B></P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; font: 10pt/115% Times New Roman,serif; padding-left: 5.65pt; text-indent: -5.65pt"><FONT STYLE="font-size: 8pt; line-height: 115%"><B>Total (reserves and resources) and mapped inventory</B>&#9;</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="text-align: right; font: 8pt/115% Times New Roman,serif; margin: 0; text-indent: 0cm; border-bottom: Black 1.5pt double"><B>5,102</B></P></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="text-align: right; font: 8pt/115% Times New Roman,serif; margin: 0; text-indent: 0cm; border-bottom: Black 1.5pt double"><B>(224)</B></P></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="text-align: right; font: 8pt/115% Times New Roman,serif; margin: 0; text-indent: 0cm; border-bottom: Black 1.5pt double"><B>3,021</B></P></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="text-align: right; font: 8pt/115% Times New Roman,serif; margin: 0; text-indent: 0cm; border-bottom: Black 1.5pt double"><B>7,899</B></P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0pt">_____________&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(1)</TD><TD>2015 Snowden Certification.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(2)</TD><TD>Depletion and addition information from us.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 10pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our reserves and resources information are estimates based
on currently available information, and may not represent actual production volumes in the future. We can provide no assurance that our
estimates will not change or that we will be able to extract and convert all of our reserves and resources into production volumes. For
more information, see &ldquo;Item 3. Key Information&mdash;3D. Risk Factors&mdash;Risks Relating to Us and the Industries in Which We
Operate&mdash;Our mineral reserve and mine life may prove inaccurate, market price fluctuations and cost changes may render certain ore
reserves uneconomical to mine and we may face rising extraction costs or investment requirements over time as our reserves deplete.&rdquo;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Production</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Casa de Pedra Mine</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Casa de Pedra facilities are located in the city of Congonhas,
in the state of Minas Gerais. Casa de Pedra mine is located 350 km from the Presidente Vargas Steelworks and supplies iron ore products
to our steel mill, as well as for export through the Itagua&iacute; Port. Casa de Pedra&rsquo;s equipment fleet and treatment facilities
have an installed annual run of mine capacity of approximately 120&nbsp;million tons and 40 million tons, respectively.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Pires and Fernandinho Beneficiation Plants</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Pires plant is the beneficiation plant of Congonhas Min&eacute;rios.
The plant receives material from Engenho mine and Casa de Pedra mine and generates final products, such as lump ore, sinter feed and concentrates.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Fernandinho plant receives material from the Fernandinho
mine, located in the city of Itabirito, state of Minas Gerais, and generates sinter feed and fines as final products. In November 2017,
we restarted operations in the Fernandinho plant, reclaiming the fine ore piles and producing pellet feed.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table sets forth the production volume of
iron ore in each of our mines in the last three years:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="3" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Production<SUP>(1)</SUP></B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 58%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 16%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2018</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 13%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2019</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 13%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2020</B></FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Casa de Pedra</B><SUP>(2)</SUP> (Mt)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">23.40</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">27.63</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">16.36</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 5.35pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Grade<SUP>(3)</SUP> (%)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">62.5%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">62.2%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">61.9%</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Pires</B><SUP>(2)</SUP> (Mt)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4.48</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4.46</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5.36</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 5.35pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Grade (%)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">61.2%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">60.3%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">56.9%</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Fernandinho</B><SUP>(2)</SUP> (Mt)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0.65</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0.61</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0.68</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 5.35pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Grade (%)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">62.1%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">64.7%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">64.9%</FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">_______________________</TD><TD></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(1)</TD><TD>In addition to its own production, CSN Minera&ccedil;&atilde;o also purchased iron ore from third parties. Third party purchase volumes
were 7.4 million tons, 6.2 million tons and 8.6 million tons in 2018, 2019 and 2020, respectively.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(2)</TD><TD>Production information considers 100% of the mines.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(3)</TD><TD>Grade is the proportion of metal or mineral present in ore or any other host material.</TD></TR></TABLE>

<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 18pt; text-indent: -18pt">&nbsp;</P>


<!-- Field: Page; Sequence: 40 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table sets forth our consolidated sales
in the periods presented:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="3" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 57%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 17%; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>2018</B></P></TD>
    <TD STYLE="white-space: nowrap; width: 13%; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>2019</B></P></TD>
    <TD STYLE="white-space: nowrap; width: 13%; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>2020</B></P></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Consolidated Sales (Mt)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">29.59</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">34.89</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">26.94</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Expanding our Mining Capacity</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We believe that the next few years will be transformational
for our mining subsidiary CSN Minera&ccedil;&atilde;o, as we have projects at an advanced stage of development with a robust investment
plan to finance and accelerate iron ore production. CSN Minera&ccedil;&atilde;o&rsquo;s current business plan contemplates an expansion
in production capacity from 33 million tons per year as of December 31, 2020 to 108 million tons per year in 2033, assuming it is able
to complete all of its planned expansion projects (not including ore purchases from third parties, but only proprietary production).</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">CSN Minera&ccedil;&atilde;o has four projects under development
that will be carried out gradually until 2033:</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">(i) <I>Central Plant Expansion Projects (Fine Tailings
Central Plant and Expansion of Central Plant)</I>: licensed brownfield expansions to accelerate the production of pellet feed at low operating
costs; increase by 6.0 million tons per year, with an estimated investment of R$1.2 billion through 2023.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">(ii) <I>Dams Tailings Recovery Projects (Pires and Casa
de Pedra Tailings Processing Plants)</I>: licensed brownfield expansions to generate value by recovering 180 million tons of tailings
stored in dams as part of our dam de-characterization program; increase of 8.0 million tons per year, with an estimated investment of
R$1.1 billion through 2025.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">(iii) <I>Itabirito Projects (Itabirito P15, Plant P4,
Itabirito P28 Mascate, Conversion of the Central Plant and Itabirito P28 Esmeril)</I>: mix of brownfield expansions (P15, already with
an implementation license issued, quotes of equipment in progress and start of implementation scheduled for 2021) and greenfield projects,
all with known technology and competitive investment per ton for the production of premium pellet feed with low impurities and high iron
content (including direct reduction pellet feed); increase of 103 million tons per year, with an estimated investment of R$22.7 billion
by 2033.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">(iv) <I>TECAR Expansion Projects</I>: brownfield investments
(the 60 million tons per year phase has already been licensed) to support mining expansions in already existing areas; capacity increase
in three phases (60, 84 and 130 million tons per year), with an estimated investment of R$6.3 billion through 2028.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Iron Ore Production Capacity</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-indent: 0.25in">CSN Minera&ccedil;&atilde;o&rsquo;s recent track
record includes implementation of projects with an accelerated timetable and high returns, all &ldquo;on-time, on-budget and on-quality,&rdquo;
which shows its expertise in the development and implementation of capital projects. An example of this are (i) transformation of the
tailings generated from its central plant production process into a high-quality product (66% of average iron content) by means of CMAI
I and II magnetic concentrators (representing a total investment of R$134 million in 2017 and 2018), (ii) central plant expansion project
under execution, which includes the projects of CMAI III, recrushing and spirals (expected to be concluded in May 2021, with estimated
investments of R$317 million), and (iii) pioneering initiative to implement tailings filtering plants, the largest in the world, with
stages completed in August 2018 and June 2019, representing a total investment of R$250 million and total filtering capacity of nine million
tons per year, therefore enabling operations that are 100% independent of tailings dams.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">CSN Minera&ccedil;&atilde;o&rsquo;s focus on project execution
is based on three pillars (i) <U>sustainability</U>: 100% of its projects are independent of tailings dams, (ii) <U>low execution risk</U>:
all projects use technologies already consolidated in the market and dominated by us, and (iii) <U>return</U>: low investment per ton
for the production of premium products at competitive costs (maintaining current levels of operating expenses).</P>


<!-- Field: Page; Sequence: 41 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following chart sets forth CSN Minera&ccedil;&atilde;o&rsquo;s
target iron ore production capacity from 2019 to 2033 (assuming it is able to execute all development projects as currently planned):</P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 6pt 0 0; text-align: center"><B>Iron Ore Production Capacity</B></P>

<P STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><I>(in millions of tons per year)</I></P>

<P STYLE="font: 11pt Calibri,sans-serif; margin-top: 6pt; margin-bottom: 6pt; text-align: center"><IMG SRC="sidform20f2020_002.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Dams</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As a pioneer in the use of technologies that result in
the possibility of stacking the tailings generated in the ore production process, CSN Minera&ccedil;&atilde;o&rsquo;s production is 100%
independent of tailings dams. After significant investments in recent years to increase reliability, disposal and dry stacking, 100% of
CSN Minera&ccedil;&atilde;o&rsquo;s tailings go through a dry filtering process and are stacked in dedicated areas. This initiative led
to expertise in this technology, enabling current production and sustainable growth without the use of tailings dams.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition to our focus on the quality of our products
and competitive costs, the environmental impact of our operations is one of our priorities. We are a pioneer in Brazil in our commitment
to eliminate the use of tailings dams from our operations. The full implementation of CSN Minera&ccedil;&atilde;o&rsquo;s tailings filtering
plant allowed it to achieve this independence in January 2020, filtering and dry stacking 100% of the tailings generated from its production
process.</P>

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 0 18pt; text-align: center; text-indent: -18pt"><IMG SRC="sidform20f2020_003.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0pt">_____________&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 18pt; text-indent: -18pt"><I>Source</I>: Company.</P>




<!-- Field: Page; Sequence: 42 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->37<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table sets forth certain information on
the dams we operate:</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="white-space: nowrap; width: 18%; border: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Name of the Dam/Dike</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 9%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Company / Entrepreneur </B></FONT></TD>
    <TD STYLE="width: 9%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Main Use</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 8%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Substance</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 6%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Height (m)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 10%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Capacity (m&sup3;)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 9%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Construction Method</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 9%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Last Certification</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 7%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Risk</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 6%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Impact</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 9%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Status</B></FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Casa de Pedra<SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">CSN Minera&ccedil;&atilde;o</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Iron ore</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">84.00</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">65,374,575</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Downstream</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/20</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">High</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Active</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>B4</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">CSN Minera&ccedil;&atilde;o</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Iron ore</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">65.00</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">13,001,821</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Upstream</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/20</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">High</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Inactive</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>B5</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">CSN Minera&ccedil;&atilde;o</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Iron ore</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">41.00</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">5,393,580</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Single stage</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/20</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Medium</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Unsubscribed</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Pilha da Vila II dike</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">CSN Minera&ccedil;&atilde;o</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Gravel</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">28.00</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">18,556</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Single stage</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/20</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Active</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Bichento IIIA dike </B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">CSN Minera&ccedil;&atilde;o</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Gravel</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">15.50</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">116,696</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Single stage</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/20</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Active</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Esmeril IV dike</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">CSN Minera&ccedil;&atilde;o</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Gravel</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">38.55</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">282,079</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Single stage</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/20</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">High</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Active</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Lagarto dam</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">CSN Minera&ccedil;&atilde;o</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Gravel</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">14.00</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">210,000</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Single stage</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/20</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">High</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Active</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Po&ccedil;o Fundo dam</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">CSN Minera&ccedil;&atilde;o</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Gravel</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">5.45</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">12,000</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Single stage</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/18</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Unsubscribed</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Vigia auxiliary dam</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 7pt Times New Roman,serif; margin: 0; text-align: center">CSN</P>
    <P STYLE="font: 7pt Times New Roman,serif; margin: 0; text-align: center">Minera&ccedil;&atilde;o</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Iron ore</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">35.00</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">3,140,693</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Upstream</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/20</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">High</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Inactive</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>B2 dam</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Min&eacute;rios Nacional</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Iron ore</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">40.00</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">2,616,466</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Upstream</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/20</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">High</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Inactive</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>B2 auxiliary dam<SUP>(2)</SUP></B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Min&eacute;rios Nacional</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Iron ore</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">33.00</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">8,228,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Upstream</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/20</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">High</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Inactive</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Engenho dike</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 7pt Times New Roman,serif; margin: 0; text-align: center">CSN</P>
    <P STYLE="font: 7pt Times New Roman,serif; margin: 0; text-align: center">Minera&ccedil;&atilde;o</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Gravel</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">13.00</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">8,821</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Single stage</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/20</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Medium</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Active</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Vigia dam</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 7pt Times New Roman,serif; margin: 0; text-align: center">CSN</P>
    <P STYLE="font: 7pt Times New Roman,serif; margin: 0; text-align: center">Minera&ccedil;&atilde;o</P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Iron ore</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">30.00</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">812,901</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Upstream</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/20</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">High</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Inactive</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Ecol&oacute;gica 1 dam</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Min&eacute;rios Nacional</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Gravel</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">15.00</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">41,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Downstream</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/20</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">High</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Active</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Ecol&oacute;gica 2 dam</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Min&eacute;rios Nacional</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Gravel</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">6.50</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">104,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Single stage</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/20</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">High</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Unsubscribed</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>B2 dam </B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Water storage and catchment </FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Dolomite</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">11.00</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">398,200</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Center line</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-bottom: 10pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/19</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Inactive</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>B3 dam </B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of limestone</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Limestone</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">11.00</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">1,065,560</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Single stage</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-bottom: 10pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/19</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">High</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Inactive</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>PIT-01</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Estanho de Rond&ocirc;nia</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Deposit of tin</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">14.30</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">4,100,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Natural dam</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-bottom: 10pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/19</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">High</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Active</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Taboquinha 01 - Crente </B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Estanho de Rond&ocirc;nia</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Deposit of tin</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">18.00</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">2,941,251</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Upstream</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-bottom: 10pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/19</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Medium</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Inactive</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Taboquinha 02 - Serra Azul </B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Estanho de Rond&ocirc;nia</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Deposit of tin</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">19.00</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">1,983,201</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Upstream</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-bottom: 10pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/19</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Medium</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Inactive</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Taboquinha 03</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Estanho de Rond&ocirc;nia</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Deposit of tin</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">16.00</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">1,708,100</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Single stage</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-bottom: 10pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/19</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Medium</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Medium</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Inactive</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Taboquinha 04</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Estanho de Rond&ocirc;nia</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Containment of mining tailings</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Deposit of tin</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">16.00</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">2,253,100</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Single stage</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-bottom: 10pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Sep/19</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Medium</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Medium</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Inactive</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>Igarapava</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Alian&ccedil;a Gera&ccedil;&atilde;o de Energia S.A.</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Hydroelectric</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Water</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">42.10</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">241,840,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Soil &ndash; concrete face rockfill </FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-bottom: 10pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Jan/20</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">High</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Active</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>It&aacute; (dam)</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Engie Brasil</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Hydroelectric</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Water</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">125.00</FONT></TD>
    <TD ROWSPAN="4" STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">5,100,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Concrete face rockfill</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-bottom: 10pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Jan/20</FONT></TD>
    <TD ROWSPAN="4" STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Low</FONT></TD>
    <TD ROWSPAN="4" STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">High</FONT></TD>
    <TD ROWSPAN="4" STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Active</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>It&aacute; (dike 1)</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Engie Brasil</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Hydroelectric</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Water</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">22.00</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Compressed soil, upstream protection with riprap rock and downstream protection with grass</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-bottom: 10pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Jan/20</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>It&aacute; (dike 2)</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Engie Brasil</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Hydroelectric</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Water</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">22.00</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Compressed soil, upstream protection with riprap rock and downstream protection with grass</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-bottom: 10pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Jan/20</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt"><B>It&aacute; (dike 3)<SUP>(3)</SUP></B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Engie Brasil</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Hydroelectric</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Water</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">29.00</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Compressed soil, upstream protection with riprap rock and downstream protection with grass</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-bottom: 10pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 7pt">Jan/20</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 8pt Times New Roman,serif; margin: 0pt">_________________&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(1)</TD><TD>The Casa de Pedra dam comprises B2, B3 and B6 underwater dams, flooded by its reservoir.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(2)</TD><TD>In regard to B2 auxiliary dam, which stability was not assured and declared in the last report, dated September 2020, Min&eacute;rios
Nacional clarifies that it has been meeting the works schedule regarding the structure&rsquo;s stabilization, as determined by the designer
and independent external audits, and has been carrying out the measures issued by the Public Prosecutor&rsquo;s Office of the state of
Minas Gerais, as confirmed by an expert report issued by the analyst of the Public Prosecutor&rsquo;s Office.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(3)</TD><TD>The dam and dikes (1, 2 and 3) comprise the reservoir of It&aacute; hydroelectric.</TD></TR></TABLE>

<!-- Field: Page; Sequence: 43 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->38<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 18pt; text-indent: -18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Since the accident in 2015 in the city of Mariana, in
the state of Minas Gerais, involving the breaking of an upstream mining dam operated by another mining company, we changed our processes
to reduce tailings deposits. In addition, following another accident involving the breaking of an upstream mining dam operated by another
mining company in January 2019 in the city of Brumadinho, in the state of Minas Gerais, we have continued to execute our plan for the
decommissioning or decharacterization of our six inactive tailings dams.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Since 2020, we no longer dispose tailings in our dams,
using dry stacking to stock this material. Casa de Pedra dam is used only for water recirculation and we do not operate any active upstream
tailings dams.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Distribution</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Transportation costs are a significant component of our
steel and iron ore production costs and are a factor in our price competitiveness in the export market. Railway is the main means of transport
by which we convey raw materials from our mines to the Presidente Vargas Steelworks and steel and iron ore products to ports for shipment
overseas. Iron ore, limestone and dolomite from our two mines located in the state of Minas Gerais are transported by railroad to the
Presidente Vargas Steelworks for processing into steel. The distances from our mines to the Presidente Vargas Steelworks are 328 km and
455 km. The distances from our mines to the ports are 440 km and 160 km. Imported coal and coke bought from foreign suppliers are unloaded
at the port of Itagua&iacute;, 90 km west of the city of Rio de Janeiro, and shipped 109 km by train to the Presidente Vargas Steelworks.
Our finished steel products are transported by train, truck and ships to our customers throughout Brazil and abroad. Our most important
local markets are the cities of S&atilde;o Paulo (335 km from the Presidente Vargas Steelworks), Rio de Janeiro (120 km) and Belo Horizonte
(429 km).</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Until recently, Brazil&rsquo;s railway system (including
railcars and tracks) was principally government-owned and in need of repair, but it has now been largely privatized. In an attempt to
increase the reliability of our rail transportation, we hold interests in companies that hold concessions for the main railway systems
we use. For further information on our railway concessions, see &ldquo;&mdash;Our Logistics Segment&mdash;Railways.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We export iron ore and import coal and coke through the
Itagua&iacute; Port, in the state of Rio de Janeiro. We have operated the coal and container terminals since August&nbsp;1997 and 1998,
respectively.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Our Logistics Segment</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our logistics segment comprises railway and port facilities.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Railways</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Southeastern Railway System</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">MRS has a 30-year concession to operate, through 2026
and renewable for an additional period of 30 years, Brazil&rsquo;s Southeastern railway system. As of December 31, 2020, we held 34.94%
(or 37.27% before non-controlling interest) of MRS&rsquo;s total capital. For more information, see &ldquo;Item 5. Operating and Financial
Review and Prospects&mdash;5E. Off-Balance Sheet Arrangements.&rdquo; The Brazilian Southeastern railway system, with 1,643 km of track,
serves the S&atilde;o Paulo &ndash; Rio de Janeiro &ndash; Belo Horizonte industrial triangle in Southeast Brazil, and links our mines
located in the state of Minas Gerais to the ports located in the states of S&atilde;o Paulo and Rio de Janeiro and to the steel mills
of CSN, Companhia Sider&uacute;rgica Paulista and Gerdau A&ccedil;ominas. In addition to serving other customers, the railway transports
iron ore from our mines at Casa de Pedra in the state of Minas Gerais and coke and coal from Itagua&iacute; Port in the state of Rio de
Janeiro to the Presidente Vargas Steelworks and transports our exports to the ports of Itagua&iacute; and Rio de Janeiro. The railway
system connects the Presidente Vargas Steelworks to the container terminal at Itagua&iacute; Port, which handles most of our steel exports.</P>


<!-- Field: Page; Sequence: 44 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->39<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Northeastern Railway System</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We hold interest in companies that have concessions to
operate the Northeastern railway system, which operates in the states of Maranh&atilde;o, Piau&iacute;, Cear&aacute;, Para&iacute;ba,
Pernambuco, Alagoas and Rio Grande do Norte and connects with the region&rsquo;s leading ports, offering an important competitive advantage
through opportunities for intermodal transportation solutions and made-to-measure logistics projects.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 1997, we were awarded a concession granting the exclusive
right to operate cargo transportation at the railway that belonged to Rede Ferrovi&aacute;ria Federal S.A., or RFFSA, which we currently
call Northeastern Railway System I, effective January 1, 1998, and the preference to operate cargo railway transportation in any new tracks
of the Northeastern Railway System that the Brazilian government elected to build.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-indent: 0.25in">In 2005, we executed a letter of intent with
the Brazilian government (the grantor of this concession) to enable the development of new tracks and certain other improvements of the
Northeastern Railway System, in a project called &ldquo;Nova Transnordestina.&rdquo; The Nova Transnordestina project discussions resulted
in the execution, in 2013 and 2014, of a TAC that settled all claims of non-compliance by us with the original concession agreement until
2012, and multiple agreements, including an investment agreement (discussed below) and a new concession, pursuant to which we were granted
the right to develop and operate new tracks and the Northeastern Railway System management was divided in two sub-railway systems:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><I><U>Northeastern Railway System I</U></I>, which is in operation by our subsidiary FTL, encompasses the RFFSA network, covering
the stretches between the cities of S&atilde;o Lu&iacute;s &ndash; Altos, Altos &ndash; Fortaleza, Fortaleza &ndash; Souza, Souza &ndash;
Recife/Jorge Lins, Recife/Jorge Lins &ndash; Salgueiro, Jorge Lins &ndash; Propri&aacute;, Paula Cavalcanti &ndash; Cabedelo and Itabaiana
&ndash; Macau, with 4,238 km of railways, of which 1,191 km are operational, and we are negotiating with the National Agency for Ground
Transportation (<I>Ag&ecirc;ncia Nacional de Transportes Terrestres</I>), or ANTT, to return the remainder. As of December 31, 2020, we
held 92.38% of the capital stock of FTL and its concession extends until 2027, renewable for an additional 30 years. As of December 31,
2020, R$76.5 million in concession payments were outstanding over the remaining seven years of the concession.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><I><U>Northeastern Railway System II</U></I>, which is under construction by our jointly controlled investee TLSA, will encompass
the new network, covering the stretches between the cities of Eliseu Martins &ndash; Trindade, Trindade &ndash; Salgueiro, Salgueiro &ndash;
Porto Suape, Salgueiro &ndash; Miss&atilde;o Velha and Miss&atilde;o Velha &ndash; Porto de Pec&eacute;m, with an expected extension of
1,753 km that will connect the interior of Northeast Brazil to Pec&eacute;m and Suape Ports. As of December 31, 2020, we held 47.26% of
the capital stock of TLSA and its concession extends until the earlier of 2057 or the date when TLSA reaches a rate of annual return of
6.75% of its invested capital.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In September 2013, we entered into an investment agreement,
or the TLSA Investment Agreement, with Valec Engenharia, Constru&ccedil;&otilde;es e Ferrovias S.A., or Valec, and the Northeast National
Development Fund (<I>Fundo Nacional de Desenvolvimento do Nordeste</I>), or FDNE, two Brazilian government entities focused on infrastructure
and the development of the northeastern region and our partners in TLSA. Under the TLSA Investment Agreement, we and our partners agreed
on a budget of R$7.5 billion to complete the construction of the Northeastern Railway System II. A revised budget of approximately R$13.2
billion is under review by <FONT STYLE="background-color: white">the partners of TLSA and subject to revision of the TLSA Investment Agreement,
which, as of the date of this annual report, has not been formalized.</FONT></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The TLSA Investment Agreement also provides for indicative
terms and conditions, including amounts, under which the Brazilian National Economic and Social Development Bank (<I>Banco Nacional de
Desenvolvimento Econ&ocirc;mico e Social</I>), or BNDES, agreed to provide long-term financing for the completion of Northeastern Railway
System II. Although we have received indicative terms, the financing is subject to several conditions, including the satisfactory completion
of internal and credit approval processes by lenders. If any of the conditions are not met, including final credit approval by the lenders
in terms and costs reasonable to us, we may not be able to obtain the financing. The other long-term financing from FDNE and the Constitutional
Financing Fund of the Northeast (<I>Fundo Constitucional de Financiamento do Nordeste</I>), or FNE, has already been received by TLSA.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2016, the Federal Court of Accounts (<I>Tribunal de
Contas da Uni&atilde;o</I>), or TCU, initiated a proceeding questioning the legality of certain aspects of the concession contract for
the Northeastern Railway System II, which has contributed to a slow pace of construction of the new tracks, and the ANTT has initiated
a proceeding claiming TLSA did not comply with the terms of the concession contract for the Northeastern Railway System I.</P>


<!-- Field: Page; Sequence: 45 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->40<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Valec&rsquo;s non-compliance with material obligations
under the <FONT STYLE="background-color: white">TLSA Investment Agreement</FONT> has also contributed to a slow pace of construction of
the new tracks and caused revision of the budget.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In the end of 2019, ANTT recommended the expiry of the
concession contract for the Northeastern Railway System I, and, in first half of 2020, ANTT recommended the expiry of the concession contract
for the Northeastern Railway System II. Both decisions were subject of requests to amend the decision by the concessionaires and awaits
a final decision by ANTT.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The ANTTs&rsquo; decisions does not take immediate effect
and will only take effect once they have been considered and decreed by the President of Brazil, as well as decided in all final instances.
For more information, see &ldquo;Item 8. Financial Information&mdash;8A. Consolidated Statements and Other Financial Information&mdash;Legal
and Administrative Proceedings&mdash;Northeastern Railway System Proceedings.&rdquo;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Port Facilities</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Solid Bulks Terminal</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We operate an integrated and modern logistics structure.
Part of this structure includes the operation of TECAR through a concession renewed in 2015 and expiring in 2047.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">TECAR is connected to road and rail systems across Southeastern
Brazil and is one of the four port terminals that make up the Port of Itagua&iacute; facilities. With a strategic location and a total
area of 740,761 m&sup2;, the terminal consists of a concrete molded berthing pier superposed on jacketed stilts connected to the mainland
by an access bridge perpendicular to the berthing pier. Its backyard includes conveyor belts, an internal road system, bulk storage yards
and a railway looping, as well as industrial and administrative facilities.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Container Terminal</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We indirectly own 100% of TECON, which has a concession
to operate the container terminal at Itagua&iacute; Port for a 25-year term expiring in 2026, which is renewable for an additional 25
years. As of December&nbsp;31, 2020, approximately R$217&nbsp;million of the cost of the concession was outstanding and payable over the
remaining five years of the concession.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The Itagua&iacute; Port is located in Brazil&rsquo;s Southeast
region, with all major exporting and importing areas in the states of S&atilde;o Paulo, Minas Gerais and Rio de Janeiro within 500 km.
In 2018, this area represented 53% of the Brazilian GDP, according to the Brazilian Geography and Statistics Institute (<I>Instituto Brasileiro
de Geografia e Estat&iacute;stica</I>), or the IBGE.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Favorable natural conditions, like natural deep waters
and a low urbanization rate around the Port of Itagua&iacute;, allow large vessels to operate and also allow for highly competitive prices
for services rendered. After TECON&rsquo;s investments in infrastructure and equipment, which increased our capacity to 440,000 containers
(660,000 TEUs) per year, new improvements were achieved in 2019 and 2020, which will increase the terminal&rsquo;s service level and productivity,
including maritime access and berths achieving certification for 15.4 meters in draft, including tides, which is the deepest in the East
coast of South America, as well as the acquisition of new equipment (nine rubber tyred gantry cranes). In 2020, we continued to invest
in updating our operating facilities and complying with regulatory requirements.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2021, the recently acquired nine rubber tyred gantry
cranes will be assembled, with a delivery forecast in early 2022, and 20,000 m&sup2; of yard area will be paved to enable the storage
of new cargo. TECON will keep investing in the project expansion in order to increase its capacity by approximately 40%, which would make
it one of the largest port terminals in Brazil, with a nominal capacity of 1,000,000 TEUs per year. This expansion project, which is under
discussion with regulatory agencies, includes a quay extension of 273 meters, with a total resulting length of 1,083 meters, acquisition
of two new gantry cranes (ship-to-shore) for larger container carriers, acquisition of additional yard civil works and equipment, and
dredging of the access channel and maneuvering basin.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, TECON moved 154,000 containers, 457,000 tons
of steel products, 122,000 tons of general cargo and 1,435,000 tons of solid bulk, as compared to 161,000 containers, 423,000 tons of
steel products, 205,000 tons of general cargo and 626,000 tons of solid bulk, as well as 1,700 vehicles, in 2019. The decrease in the
container volume in 2020 is mainly due to the economic crisis generated by the COVID-19 global pandemic, which mainly impacted Asian imports
handled by TECON. In order to mitigate the effects of this decrease in container volume in 2020, TECON sought new markets and began operating
sugar shipments, as well as new bulk, and increasing the volume of other cargo also handled in 2019, including solid bulk, limestone,
clay, ore pellets, gypsum, dolomite and large general cargo projects.</P>


<!-- Field: Page; Sequence: 46 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->41<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white"><FONT STYLE="background-color: white"><B>Our
Cement Segment</B></FONT></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our cement segment comprises a cement plant in Volta Redonda,
in the state of Rio de Janeiro, and in Arcos, in the state of Minas Gerais. In January 2021, we completed a drop-down of our cement segment,
comprising all its assets and liabilities, to our subsidiary CSN Cimentos S.A.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Production</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our cement production takes place at Volta Redonda and
Arcos and begins with the influx of raw materials comprising clinker, limestone, gypsum and slag. Clinker is produced in our plant in
Arcos, where limestone, clay and other correctives such as iron ore and bauxite are ground in a raw mill and calcined inside the kiln.
Clinker and limestone are stored in silos and warehouses and come in part from Arcos to Volta Redonda by rail. Slag is a by-product of
iron and steel, produced in the blast furnace and stored in a warehouse, arriving at our cement plant by road. We use natural gypsum,
which arrives at the plant by truck and is stored in a warehouse.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">All transportation of raw materials within the plant is
carried out by conveyor belts, placing inputs in scales according to a predefined formula and delivering them to the mills. There are
two grinding lines in each of Volta Redonda and Arcos, resulting in an annual plant capacity of 2.4 million tons of cement in Volta Redonda
and 2.3 million tons of cement in Arcos. The mill has a hydraulic roller system, which uses pressure to grind the layer of material on
the turntable. In Volta Redonda, hot gas, derived from the combustion of natural gas or petroleum coke, is used in the mills to dry materials.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The types of cement we produce are: CP III-40 RS, CP II-E-32,
CP II-E-40 and CP II-F 32 in bagged and bulk forms. Our Volta Redonda plant has four silos, two of them with 10,000 tons of capacity and
two with 5,000 tons of capacity. Our Arcos plant has a silo with seven chambers and 28,000 tons of total capacity. Cement can be shipped
in bagged and bulk forms.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Our Energy Segment</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our energy segment comprises our generation plants, which
support reduction of our production costs and exposure to fluctuations or availability of certain energy sources. Following is an overview
of our energy segment related assets.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Thermoelectric Co-Generation Power
Plant</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We completed the construction of a 235 MW thermoelectric
co-generation power plant at the Presidente Vargas Steelworks in December&nbsp;1999. Aside from operational improvements, the power plant
supplies our strip mills with electric energy, processed steam and forced air from the blast furnaces, benefiting the surrounding environment
through the elimination of flares that burn steel-processing gases into the atmosphere. In addition, we installed a new turbine generator
in 2014, which added 21 MW to our existing installed capacity. This turbine is located near our blast furnace no. 3, and uses the outlet
gases from the iron making process to generate electricity.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">It&aacute; Hydroelectric Facility</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We and Engie Brasil each own 48.75% of ITASA, a special-purpose
company formed to own and operate, under a 30-year concession granted in 2000, 60.5% of the It&aacute; hydroelectric facility on the Uruguay
River in Southern Brazil. Itamb&eacute; owns the remaining 2.5% of ITASA. Engie Brasil directly owns the remaining 39.5% of the It&aacute;
hydroelectric facility, which has an installed capacity of 1,450 MW.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Igarapava Hydroelectric Facility</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We own 17.9% of a consortium that built and has the right
to operate for 30 years the Igarapava hydroelectric facility. Other consortium members are Alian&ccedil;a, L.D.R.S.P.E. Gerac&atilde;o
de Energia e Participa&ccedil;&otilde;es Ltda. and AngloGold. The facility has an installed capacity of 210 MW.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Marketing, Organization
and Strategy</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Flat Steel</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our steel products are sold both domestically and abroad
as a raw material for several manufacturing industries, including the automotive, home appliance, packaging, construction and steel processing
industries.</P>


<!-- Field: Page; Sequence: 47 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->42<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our sales approach involves establishing brand loyalty
and achieving a reputation for quality products by developing relationships with our customers, focusing on their specific needs and providing
tailor-made solutions.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our commercial area is responsible for sales of all our
products. This area is divided into two major teams, one focused on sales in international markets and the other on sales in the domestic
market. The domestic market sales team covers seven market divisions: packaging, distribution network, automotive industry (automakers
and auto parts), home appliances, general industry, construction and pipes. We also have a team responsible for selling all process residues,
which include blast furnace slag, pitch and ammonia, which are widely used as inputs in chemical and cement industries.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The distribution network division is responsible for supplying
large steel processors and distributors. In addition to independent distributors, we count with our own distributor, Prada Distribui&ccedil;&atilde;o.
The pipes division supplies oil and gas pipe manufacturers as well as industries that produce small diameter pipe and light profiles.
The packaging division acts in an integrated way with suppliers, representatives of the canning industry and distributors to respond to
customer needs for finished products. We supply the automotive division from a specialized mill, CSN Porto Real, and also by a portion
of the galvanized material produced at Presidente Vargas Steelworks, thereby benefitting from a combined sales strategy.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Historically, our sales in international markets were
primarily through international brokers. However, as part of our strategy to establish direct, longer-term relationships with end-users,
we have decreased our reliance on these brokers and have instead focused on direct sales to more profitable international markets.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">All of our sales are on an order basis and have an average
delivery time of 45 days. As a result, our production levels closely reflect our order log book status. We forecast sales trends in both
the domestic and international markets based on historical data and general economic outlooks. We have our own data systems to remain
informed of worldwide and Brazilian market developments. Our management believes that a key to our success is maintaining our presence
in international markets, which provide us flexibility to shift between domestic and international markets depending on how favorable
conditions are.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Unlike other commodity products, steel is not traded on
an exchange, nor is there uniform pricing, due to wide differences in size, quality and specifications. In general, we price exports based
on international spot prices of steel at the time of sale in U.S. dollars or euros, depending on the destination. Sales are normally paid
up front, or within 14 or 28 days, and, in the case of exports, usually backed by a letter of credit and an insurance policy. Sales are
made primarily on cost and freight terms.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Sales by Geographic Region</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, we sold steel products to customers in Brazil
and in 21 other countries. The fluctuations in the portion of total sales assigned to domestic and international markets, which are presented
in the table below, reflect our ability to adjust our sales in light of variations in the domestic and international markets, as well
as domestic and international steel demand and prices.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The two main export markets for our products are Europe
and North America, representing approximately 42% and 44%, respectively, of our export sales volume in 2020.</P>


<!-- Field: Page; Sequence: 48 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->43<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD COLSPAN="14" STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Sales of All Steel Products by Destination</B></FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD COLSPAN="14" STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><I>(in thousands of tons and millions of R$)</I></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2018</B></FONT></TD>
    <TD COLSPAN="4" STYLE="border-right: #4472C4 1pt solid; border-left: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2019</B></FONT></TD>
    <TD COLSPAN="4" STYLE="border-right: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2020</B></FONT></TD>
    <TD STYLE="padding-bottom: 10pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="width: 9%; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 6%; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Tons</B></FONT></TD>
    <TD STYLE="width: 6%; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>% of Total</B></FONT></TD>
    <TD STYLE="width: 16%; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Net Operating Revenues</B></FONT></TD>
    <TD STYLE="width: 6%; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>% of Total</B></FONT></TD>
    <TD STYLE="width: 7%; border-left: #4472C4 1pt solid; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Tons</B></FONT></TD>
    <TD STYLE="width: 6%; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>% of Total</B></FONT></TD>
    <TD STYLE="width: 10%; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Net Operating Revenues</B></FONT></TD>
    <TD STYLE="width: 6%; border-right: #4472C4 1pt solid; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>% of Total</B></FONT></TD>
    <TD STYLE="width: 6%; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Tons</B></FONT></TD>
    <TD STYLE="width: 6%; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>% of Total</B></FONT></TD>
    <TD STYLE="width: 10%; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Net Operating Revenues</B></FONT></TD>
    <TD STYLE="width: 5%; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>% of Total</B></FONT></TD>
    <TD STYLE="padding-bottom: 10pt; width: 1%; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Brazil</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,327</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">66%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">10,328</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">66%</FONT></TD>
    <TD STYLE="border-left: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,151</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">70%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">10,028</FONT></TD>
    <TD STYLE="border-right: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">72%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,204</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">69%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">11,721 </FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">71%</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Export</B></FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,742</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">34%</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5,306</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">34%</FONT></TD>
    <TD STYLE="border-left: #4472C4 1pt solid; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,374</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">30%</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,921</FONT></TD>
    <TD STYLE="border-right: #4472C4 1pt solid; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">28%</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,447</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">31%</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4,882 </FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">29%</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Total</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>5,069</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>15,634</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="border-left: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>4,525</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>13,949</B></FONT></TD>
    <TD STYLE="border-right: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>4,651</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>16,603 </B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="padding-bottom: 10pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Exports by Region</B></FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-left: #4472C4 1pt solid; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-right: #4472C4 1pt solid; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-bottom: 10pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Asia</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">13</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">41</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD>
    <TD STYLE="border-left: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;1 </FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3</FONT></TD>
    <TD STYLE="border-right: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">-&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0%</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>North America<SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">393</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">23%</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,472</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">28%</FONT></TD>
    <TD STYLE="border-left: #4472C4 1pt solid; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;205 </FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">15%</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">768</FONT></TD>
    <TD STYLE="border-right: #4472C4 1pt solid; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">20%</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">221 </FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">15%</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;922 </FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">19%</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Latin America</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">113</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">6%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">370</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">7%</FONT></TD>
    <TD STYLE="border-left: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;44 </FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">169</FONT></TD>
    <TD STYLE="border-right: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">73 </FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;328 </FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">7%</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Europe</B></FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,207</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">69%</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,365</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">63%</FONT></TD>
    <TD STYLE="border-left: #4472C4 1pt solid; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,124 </FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">82%</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2,977</FONT></TD>
    <TD STYLE="border-right: #4472C4 1pt solid; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">76%</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;1,152 </FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">80%</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,627 </FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">74%</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>All Others</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">16</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">58</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; border-left: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;0 </FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0%</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5</FONT></TD>
    <TD STYLE="border-right: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0%</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1 </FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0%</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;4 </FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0%</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; font-family: Calibri,sans-serif"></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">_______________________</TD><TD></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(1)</TD><TD>Sales to Mexico are included in North America.</TD></TR></TABLE>

<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 18pt; text-indent: -18pt">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Sales by Product</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table sets forth our sales breakdown by
product in Brazil in the periods indicated:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 55%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>&nbsp;CSN Domestic Sales Breakdown</B></FONT></TD>
    <TD STYLE="width: 15%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2018</B></FONT></TD>
    <TD STYLE="width: 15%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2019</B></FONT></TD>
    <TD STYLE="width: 15%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Hot-Rolled Products</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">34%</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">35%</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">33%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Cold-Rolled Products&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">19%</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">18%</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">18%</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Galvanized Products&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">33%</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">31%</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">31%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Tin Plates Products&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">8%</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">9%</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">10%</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Long Steel</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">6%</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">7%</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">7%</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Sales by Industry</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We sell our steel products to manufacturers in several
industries. The following table sets forth our breakdown by market segment of domestic volume shipped in the periods indicated:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 55%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>&nbsp;Sales Breakdown</B></FONT></TD>
    <TD STYLE="width: 15%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2018</B></FONT></TD>
    <TD STYLE="width: 15%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2019</B></FONT></TD>
    <TD STYLE="width: 15%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">&nbsp;<I>(in percentages of total domestic volume shipped)</I></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Distribution&nbsp;Network </B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">36%</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">37%</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">36%</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Industrial</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">13%</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">11%</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">16%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Packaging&nbsp;</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">9%</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">10%</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">11%</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Automotive&nbsp;</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">17%</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">16%</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">10%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Home Appliances</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">10%</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">9%</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">10%</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Construction&nbsp;</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">14%</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">17%</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">18%</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We believe we have a particularly strong domestic and
export position in the sale of tin plates products used for packaging in Latin America. Our customers for these products include some
of the world&rsquo;s largest food processing companies, as well as many small and medium-sized entities. We also maintain a strong position
in the sale of galvanized products for use in the automobile manufacturing, construction and home appliance industries in Brazil and abroad,
supplied by CSN Porto Real and CSN Paran&aacute;. No single customer accounts for more than 10% of our net operating revenues.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For further information on steel sales, see &ldquo;Item
5. Operating and Financial Review and Projects&mdash;5A.&nbsp;Operating Results&mdash;Overview&mdash;Steel Market&mdash;Product Mix and
Prices&rdquo; and &ldquo;&mdash;Results of Operations&mdash;Year 2020 Compared to Year 2019&mdash;Net Operating Revenues.&rdquo;</P>


<!-- Field: Page; Sequence: 49 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->44<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Seasonality</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Although steel demand is stronger in the second quarter
of each year and weaker in the last quarter, our production is continuous throughout the year.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Long Steel &ndash; SWT</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our long steel products are sold both in Germany (approximately
30%) and other countries, mainly in Europe (approximately 60%), for use in industrial, infrastructure, civil construction and engineering
industries.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our sales approach is to establish brand loyalty and to
maintain our reputation of high quality products and excellent delivery performance by developing long term relationships with our customers.
SWT focuses on meeting specific customer needs, developing solutions for both low temperature and high temperature resistant applications,
as well as optimized section shapes for special applications.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our commercial area is responsible for sales of all of
our products worldwide. This area is divided into the direct sales team which is organized in 13 agencies located in Germany and in our
core markets in Europe, the commercial back office department (order management from entry via tracking to the final delivery and invoicing),
logistics contracting (truck, rail, vessel, maritime, inventory worldwide) and a rail logistics department.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">SWT does not possess its own distribution network, instead
cooperating with the big steel distributors and traders in Europe and other countries. All of our sales are on an order-by-order basis.
The delivery time is related to the logistics chain and varies between two to six weeks depending on the relevant Incoterms and section
type. As a result, our production levels closely reflect our order log book status. We forecast sales trends in both the European and
export markets based on the historical data available from the last two years and the general economic outlook for the near future. We
believe that our presence in the export market outside of Europe gives us more flexibility to optimize production and maximize our profitability.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Sections are not sold based on uniform pricing in Europe,
as wide differences exist in terms of size, quality and specifications. In general, exports are priced based on international spot prices
of steel at the time of sale in U.S. dollars or euros, depending on the destination. Sales are normally paid within 30 days and, in the
case of exports, usually backed by a letter of credit and an insurance policy. SWT&rsquo;s businesses are 100% covered by Euler Hermes
risk insurance, a bank guarantee or a letter of credit. Sales are made primarily on cost and freight terms.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Long Steel &ndash; Volta Redonda</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2013, we started the production of long steel in Volta
Redonda. This plant has production capacity of 500 kt/year when fully operational, providing the domestic market with products for civil
and industrial construction.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Divided in wire rod, rebar CSN 50 and rebar CSN 25, we
developed our products using high technology and in accordance with the highest quality and sustainability standards.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our commercial team has its own sales force dedicated
to meet all the needs of the long steel market: small customers as well as large wholesalers. We count with strategically located distribution
centers to deliver our products throughout Brazil. In order to provide a wide range of products for the civil construction segment, we
include in our product portfolio, in addition to cement and structural section products derived from flat steel, products such as tiles
and tubes, among others.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Iron Ore</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Iron ore products are commercialized by our teams located
in Brazil, Portugal and Hong Kong. These three marketing units allow us to maintain close relations with our customers worldwide, understand
the environment where they operate, monitor their requirements and provide all necessary assistance in a short period of time. Market
intelligence analysis, planning and administration of sales are handled from Brazil by the staff in our S&atilde;o Paulo office, while
our domestic sales team is located at Casa de Pedra mine, in the state of Minas Gerais.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We supply our iron ore to the steel industry, and our
main destinations are Brazil, Europe and Asia. Prevailing and expected levels of demand for steel products directly affect demand for
iron ore. Demand for steel products is correlated to many factors, including GDP, global manufacturing production, urbanization, construction
and infrastructure spending.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We believe our competitiveness has been improved by our
customer service and market intelligence. It is paramount for us to have a clear understanding of our customers&rsquo; businesses in order
to address their needs, surpass their expectations and build long-term relationships. We have a customer-oriented
marketing policy and specialized local personnel in direct contact with our customers in order to help determine the product mix that
best suits each particular customer.</P>


<!-- Field: Page; Sequence: 50 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->45<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We first entered the international iron ore market in
February&nbsp;2007, upon completion of the first phase of the expansion of our coal seaport terminal in Itagua&iacute;, in the state of
Rio de Janeiro,&nbsp;which enabled us to handle and export iron ore and to load from our own facilities the first shipment of our iron
ore products.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, our iron ore sales reached 31.1 million tons,
of which 26.9 million tons were sales to third parties and 4.2 million tons were sales to our steel mills, which represents a decrease
of 19.2% compared to 2019. Total mining net revenue increased 26.5% in 2020, due to higher prices. The share of mining segment revenue
in our total net revenue increased from 39.4% in 2019 to 42.1% in 2020.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, 58.8% of our iron ore export sales went to the
Asian market, mainly China, and 29.1% were sold in the European market. Of our total sales volume to third parties, 91% were sinter feed,
8% lump ore and less than 1% pellet feed.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As global iron ore markets are highly competitive, we
focus on our flexibility, reliability and efficient manner of supplying iron ore to the world market.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Through our marketing offices, we have long-term relationships
with most players in the steel industry in China, Japan, Taiwan, South Korea, Europe and Brazil.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><FONT STYLE="background-color: white"><B>Cement</B></FONT></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We have a diverse customer base of approximately 20,000
customers, including construction material stores, home centers, concrete producers, construction companies, mortar industries and cement
artifact producers.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The focus of our cement sales strategy is on the retail
segment, in which we have a strong presence in sales points where we reinforce the quality of our product to final customers. The retail
segment operates with a low level of inventory and a significant percentage of repurchase, which highlights the competitive advantage
of our distribution centers.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Insurance</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We maintain several types of insurance policies as part
of our risk management for each of our businesses and seek to follow industry practice regarding best coverage, which encompasses domestic
and international (import and export) cargo transportation (road, rail, sea or air), life insurance, personal accidents, health, automobile,
directors and officers, general liability, CAR (construction and erection risks), trade credit insurance, surety, named perils, ports
and terminal liabilities.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We also have an insurance policy covering the operational
risks, material damages and loss of profits of the following operations and subsidiaries: Presidente Vargas Steelworks, CSN Minera&ccedil;&atilde;o
and TECON. We annually renew this policy with domestic and foreign insurers and reinsurers. Our current outstanding policy provides for
limited indemnity of US$600 million (for an insured value of US$10.2 billion) and a deductible of US$385 million for material damages
and 45 days to loss of profits.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The coverage obtained in our insurance policies may not
be sufficient to cover all risks or the extent of the risks we are exposed to. For more information, see &ldquo;Item 3. Key Information&mdash;3D.
Risk Factors&mdash;Risks Relating to Us and the Industries in Which We Operate&mdash;Our insurance policies may not be sufficient to cover
all our losses.&rdquo;</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Intellectual Property</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We maintain a dedicated team to manage our intellectual
property portfolio, which include trademarks, patents, know-how, trade secrets and industrial designs. This team ensures adequate protection
for our intellectual assets, the pursuit of best knowledge management practices and explores the possibility of new business generation
through technology transfer agreements, among others.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our intellectual property team also supports our open
innovation agenda by designing the legal framework needed for cooperation agreements with external partners like universities and research
institutes, which is essential to enhance our knowledge generation, foster technical cooperation for the development of new, improved
and more sustainable processes, products and operations.</P>


<!-- Field: Page; Sequence: 51 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->46<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Competition in the
Steel Industry</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Both the worldwide and the Brazilian steel markets are
intensely competitive. The primary competitive factors in these markets are quality, price, payment terms and customer service. Further,
continuous advances in materials, sciences and resulting technologies have given rise to improvements in products such as plastics, aluminum,
ceramics, glass and concrete, permitting them to serve as substitutes for steel for certain purposes.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Competition in the Brazilian Steel
Industry</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table sets forth the production of crude
steel by Brazilian companies in the periods indicated:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2017</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2018</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2019</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    </TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Production</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Production</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Production</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="3" STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><I>(in millions of</I>&nbsp;<I>tons)</I></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Gerdau</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">6.9</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">6.6</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">6.3</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Usiminas</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3.0</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3.0</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3.3</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">ArcelorMittal Tubar&atilde;o</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">7.1</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">7.0</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">6.3</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">CSN</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4.4</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4.1</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3.0</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">ArcelorMittal A&ccedil;os Longos&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2.9</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3.1</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2.9</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">CSA</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4.5</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4.6</FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4.4</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Others&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5.9</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">7.0</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">6.4</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Total</B></FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>34.7</B></FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>35.4</B></FONT></TD>
    <TD STYLE="background-color: #D0DBF0; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>32.6</B></FONT></TD>
    </TR>
  <TR STYLE="background-color: white">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Source: IABr</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="width: 37%">&nbsp;</TD>
    <TD STYLE="width: 21%">&nbsp;</TD>
    <TD STYLE="width: 21%">&nbsp;</TD>
    <TD STYLE="width: 21%">&nbsp;</TD>
    </TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">_______________________</TD><TD></TD></TR></TABLE>

<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 18pt; text-indent: -18pt">* 2020 data was not available as of the date of this
annual report.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Competition in the Global Steel Industry</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">In 2020, Brazil maintained its place as the largest producer
of crude steel in South America, with a production output of 31 million tons and a 1.7% share of total global production, according to
data from the World Steel Association, or WSA. In 2020, Brazil maintained the ninth position in the global steel production ranking, accounting
for 81% of total production in South America.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">We compete on a global basis with the world&rsquo;s leading
steel manufacturers. We have positioned ourselves in the world market with a product mix characterized by high margins and strong demand,
such as tin plate and galvanized products. We have relatively low-cost and sufficient availability of labor and energy, and own high-grade
iron ore reserves. These global market advantages are partially offset by costs of transporting steel throughout the world, usually by
ship. Shipping costs, while helping to protect our domestic market, put pressure on our export price. To maintain our position in the
world steel market in light of the highly competitive international environment with respect to price, our product quality and customer
service must be maintained at a high level. See &ldquo;Item 4B. Business Overview&mdash;Regulatory Matters&mdash;Protectionist Measures&rdquo;
for a description of protectionist measures adopted by steel-importing countries that could adversely affect our competitive position
in the global steel industry.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Competitive Advantages of the Brazilian
Steel Industry</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Brazil&rsquo;s principal competitive advantages are its
abundant supply of low-cost, high-grade iron ore and energy resources. Brazil also benefits from a vast internal market with a large growth
potential; a privatized industry making investments in plant and equipment; and deep-water ports allowing the operation of large ships,
which facilitates access to export markets.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">According to the IBGE, Brazil&rsquo;s GDP grew by&nbsp;1.0%
in 2017, 1.1% in 2018 and 1.1% in 2019, following an economic recession in 2015 and 2016. This improvement in the Brazilian macroeconomic
scenario provided for recovery of domestic market demand and, in parallel, price readjustments aligned with the strong international market.
In 2020, as a result of developments relating to the COVID-19 pandemic, Brazil&rsquo;s GDP contracted 4.1%.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Regulatory Matters</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Environmental Regulation</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are subject to Brazilian federal, state and municipal
environmental laws and regulations governing air emissions, waste water discharges, solid and hazardous waste handling and disposal, wildlife
management, forest maintenance, dangerous products transportation and preservation of
traditional communities. We are committed to controlling the substantial environmental impact caused by our steelmaking, mining, cement
and logistics operations, in accordance with international standards and in compliance with environmental laws and regulations in Brazil.
We believe we are in material compliance with applicable environmental requirements. While the Brazilian government has authority to promulgate
environmental regulations setting forth minimum standards of environmental protection, state and local governments have the power to enact
more stringent environmental regulations.</P>


<!-- Field: Page; Sequence: 52 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->47<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are subject to regulation and supervision by the Brazilian
Ministry of Environment, CONAMA, which is the federal body responsible for enacting technical regulations and environmental protection
standards, and by the Brazilian Institute of Environment and Renewable Natural Resources (<I>Instituto Brasileiro do Meio Ambiente e dos
Recursos Naturais Renov&aacute;veis </I>&ndash; IBAMA), which is responsible for enforcing environmental laws at the federal level. The
environmental regulations of the state of Rio de Janeiro, in which the Presidente Vargas Steelworks is located, are enforced by the state
government of Rio de Janeiro and the municipality of Volta Redonda, and supervised by INEA and Volta Redonda&rsquo;s Environment Municipal
Secretary. In the state of Minas Gerais, where our main mining operations are located, we are subject to regulations and supervision by
the Environmental Policy Council (<I>Conselho Estadual de Pol&iacute;tica Ambiental </I>&ndash; COPAM), the Regional Superintendent of
Environment and Sustainable Development (<I>Superintend&ecirc;ncia Regional de Meio Ambiente</I> &ndash; SUPRAM), the Superintendency
of Priority Projects (<I>Superintend&ecirc;ncia de Projetos Priorit&aacute;rios </I>&ndash; SUPPRI), the Water Management Institute of
Minas Gerais (<I>Instituto Mineiro de Gest&atilde;o das &Aacute;guas</I> &ndash; IGAM), the State Forestry Institute (<I>Instituto Estadual
de Florestas</I> &ndash; IEF) and the State Environmental Foundation (<I>Funda&ccedil;&atilde;o Estadual do Meio Ambiente &ndash; </I>FEAM),
which are the competent bodies of the Secretary of State for the Environment and Sustainable Development of Minas Gerais (<I>Secretaria
de Estado de Meio Ambiente e Desenvolvimento Sustent&aacute;vel &ndash; </I>SEMAD), and the Municipal Secretariats of the Environment
of Congonhas and Belo Vale. Specific goals and standards are established in operating permits or environmental accords issued to each
company or plant. These specific operational conditions complement the standards and regulations of general applicability and are required
to be observed throughout the duration of the permit or accord. The terms of such operating permits are subject to change and are likely
to become stricter. All of our facilities currently have or are in the process of obtaining or renewing their operating permits.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Considering the current mining environment in Brazil following
recent accidents of other mining companies in the cities of Mariana and Brumadinho, in the state of Minas Gerais, involving the breaking
of upstream mining dams, changes in applicable laws or regulations could require us to modify our technologies and operations and to make
unexpected capital expenditures. Capital expenditures that we have already made may not generate the returns we expected, if any. In addition,
new or more stringent environmental licensing requirements for our project operations, specifically for our dams, could be imposed on
us and we may encounter delays in obtaining environmental or other operating licenses, or not be able to obtain or renew them. These events
and additional costs may have a negative impact on us and the return from our projects and may render certain projects economically or
otherwise unfeasible. For more information, see &ldquo;Item 3. Key Information&mdash;3D. Risk Factors&mdash;Risks Relating to Us and the
Industries in Which We Operate&mdash;Our activities depend on authorizations, concessions, licenses and permits and changes in applicable
laws, regulations or government measures could adversely affect us&rdquo; and &ldquo;&mdash;We are subject to environmental, health and
safety incidents and current, new or more stringent regulations may result in liability exposure and increased capital expenditures.&rdquo;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">ESG &ndash; Environmental, Social
and Governance Matters</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are committed to enhance the sustainability of our businesses
and to do so ethically, transparently and through continuous improvement in our management mechanisms to protect the environment and prevent
the occurrence of pollution and accidents. Our initiatives consider all applicable laws and regulations and include employee training
so as to foster a common vision of sustainable development and social responsibility.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We actively invest in sustainability initiatives, which
we believe decreases our exposure to the risks inherent in our business activities, presents opportunities to enhance our processes and
responds to the demands of an increasingly ESG-concerned market. These investments include processes and equipment that offer modern and
reliable technologies for monitoring and control of environmental risks.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Since 2020, we have been reviewing studies from leading
ESG advisors and index providers (such as ISS, Sustainalytics, MSCI, S&amp;P Global, FTSE4Good Index and the B3&rsquo;s Corporate Sustainability
Index, among others), and identified our main ESG gaps, which we have ranked and delegated internally to areas that will collaborate in
the development of action plans to address them. We also plan to align to ICMM&rsquo;s guidelines and expect to perform a climate-related
financial analysis, according to TCFD&rsquo;s framework.</P>


<!-- Field: Page; Sequence: 53 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->48<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, we have consulted our main stakeholders in
order to determine the priority environmental, social and governance matters to consider in our sustainability strategy. We disclosed
these in our Integrated Report 2018/2019 GRI Standards as the basis for our ESG initiatives and made this information available on our
newly launched ESG website.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, we promoted our first &ldquo;ESG Week&rdquo;,
which included the participation of external guests to discuss leading environmental, social and governance matters. Members of the CSN
Foundation, Global Compact Representatives and our executives discussed ESG trends and opportunities, as well as our key role in the global
ESG movement.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Following is an overview of our main ESG initiatives in
2020:</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Environmental Matters</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We continuously seek to transform natural resources into
sources of economic prosperity through sustainable projects. In 2020, we continued our sustainability initiatives to mitigate and offset
the impacts of our activities by allocating R$420.5 million to environmental initiatives (as compared to R$400.0 million in 2019). Our
investments in environmental sustainability in 2020 were mainly related to: (i) operation, maintenance and retrofitting of environmental
control equipment; (ii) development of environmental studies for permit applications; and (iii) our environmental team, environmental
management system and environmental compliance programs.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, we published our integrated sustainability and
health, safety and environment policy.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, on an ongoing basis, we develop environmental
education projects to promote understanding and appreciation of Brazil&rsquo;s historical and natural heritage, especially in the Arcos
and CSN Minera&ccedil;&atilde;o plants in the state of Minas Gerais. To reaffirm our commitment to the transformation of values and attitudes
through new habits and knowledge, we launched an environmental education program, managed by the CSN Foundation, that uses art as a dialogue
about the environment. Our environmental management system was implemented in accordance with ISO 14001: 2015, certified by an independent
international body and accredited by INMETRO, in Casa de Pedra mine (Congonhas, MG), Presidente Vargas Steelworks (Volta Redonda, RJ),
Porto Real (Porto Real, RJ), Bocaina Mine (Arcos, MG), CSN Paran&aacute; (Arauc&aacute;ria, PR), TECON (Sepetiba, RJ) and Prada Distribui&ccedil;&atilde;o
(Mogi das Cruzes, SP). We seek to have all cement plants and our TECAR port certified in 2021 in accordance with ISO 14.001: 2015.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Climate Change</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Since 2010, we have conducted an inventory of greenhouse
gas emissions following the guidelines of the GHG Protocol. We have aimed to optimize our carbon management, risk mitigation and adaptation
to climate change and, in 2020, for the sixth consecutive year, we received GHG Protocol&rsquo;s Golden Seal for reporting emissions from
all our units and submitting them to external verification. Our goal is to reduce the intensity of GHG emissions (tCO2e/ton of production)
from scopes 1 and 2 by 10% by 2030 at CSN Minera&ccedil;&atilde;o, Presidente Vargas Steelworks and CSN Cimentos.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, we annually report to the climate change
module of the Carbon Disclosure Project and our score was recently upgraded from D to C. In 2020, we also joined the Climate Action Platform
at the United Nations Global Compact.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Water Resources</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-indent: 0.25in">Water is one of the main inputs for our production
processes, especially in our steel and mining segments. In 2020, with the introduction of new technology for filtering and dry stacking
of tailings, we managed to reduce by 32% the consumption of water by CSN Minera&ccedil;&atilde;o&rsquo;s central mineral processing plant.
Our goal is to reduce CSN Minera&ccedil;&atilde;o&rsquo;s total water consumption by 10% per ton of ore produced by 2030.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Presidente Vargas Steelworks has a water reuse rate of
at least 94% and is the only steelmaking unit in Brazil to conduct a water footprint analysis. Based on risk assessment methodologies
of the World Wildlife Fund&rsquo;s Water Risk Filter and the World Resources Institute&rsquo;s Aqueduct, we began analysis of our exposure
to water risks, considering our processes and nearby watersheds.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Materials </U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In our integrated sustainability and health, safety and
environment policy, we set forth the importance of our environmental management through principles to reduce, reuse and recycle materials
in our processes in order to optimize the use of natural resources. For example, 100% of blast
furnace slag is reused in the production of cement and our long steel unit uses 100% metal scrap in its production.</P>


<!-- Field: Page; Sequence: 54 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->49<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Biodiversity</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We contribute to the protection of 68 thousand hectares
of natural areas representing, in the aggregate, approximately three times the area occupied by our operations. In addition, for more
than 15 years we have carried out programs for monitoring fauna and flora in the areas impacted by our operations. In 2019-2020, we donated
100,000 seedlings to foster expanded natural resources.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Tailings Dams</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our environmental guidelines and management include monitoring
of our tailings dams, which are inactive and subject to our ongoing decommissioning or decharacterization plan. On an annual basis, all
of our tailings dams are audited by independent audit companies, in accordance with technical standards and relevant legislation. For
more information on the dams we operate, see &ldquo;&mdash;Our Mining Segment&mdash;Dams.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We have been a global leader in the mining industry in
mining waste management, having invested approximately R$400 million in technologies to reduce tailings deposits and, since 2020, we no
longer dispose tailings in our dams, using dry stacking to stock this material. Casa de Pedra dam is used only for water recirculation
and we do not operate any active upstream tailings dams.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, we also finalized the decharacterization of our
first tailings dam, the B5 Dam. In 2021, we will continue to advance in the decharacterization of CSN Minera&ccedil;&atilde;o&rsquo;s
remaining tailings dams. Our tailings dams are at the zero emergency level according to the ANM, and hold declarations of stability issued
by the ANM.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Social Matters</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Human Rights</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, we became a signatory of the Global Compact,
pursuant to which we committed to abide by its principles to support and respect the protection of internationally proclaimed human rights
and make sure to not be complicit in human rights abuses.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Gender Balance</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We promote a zero-tolerance commitment to any type of
discrimination, as set forth in our Code of Ethics. We believe that an inclusive and diverse environment is critical to stimulate innovation
and guarantee the continuity of our business. We also believe that an inclusive approach is essential to eliminate barriers in hiring
and retaining women employees and executives and to reap the improved performance from gender diversity. In 2020, we set the bold target
to double our female workforce by 2025, from 14% to 28%.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Local Communities</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, CSN Foundation invested R$52.4 million in 90
initiatives, of which R$50.5 million were funds raised and R$1.9 million were from our own resources. From 2003 to 2020, we have invested,
from our own resources, an aggregate of R$287.0 million in the areas of culture, sports and health, directed to children, adolescents
and the elderly.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Safety and Health</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Safety is a top priority and, in 2020, we achieved our
lowest frequency rate of accidents with or without leave. There were 2.46 accidents / million man-hours, which represents a decrease of
19% as compared to 2019 (our goal was to decrease the accident rate by 10% annually). This was our lowest accident rate since 2013 and
the highest percentage of reduction since we began compiling data in 2014.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">With regards to occupational health, in 2020, we concentrated
our efforts in implementing measures to prevent the spread of COVID-19 among our workforce and communities. We established a dedicated
committee to deliberate on COVID-19 matters and we promptly adopted all recommended protocols by donating masks, hand sanitizers and cleaning
products; reinforcing hygiene practices in our work areas; testing employees when applicable; and adopting remote work arrangements for
individuals in risk groups. These measures have demonstrated our commitment to the well-being of our employees and communities.</P>


<!-- Field: Page; Sequence: 55 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->50<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Governance Matters</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We continuously seek to develop mechanisms that improve
our governance. In 2020, we instituted a sustainability, environment, health and safety executive department, which reports directly to
our chief executive officer and focuses on implementing consistent governance throughout our group. Our new department also seeks to realize
synergies with the CSN Foundation and with our financial and legal areas.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, at the end of 2020, we committed to the establishment
of an ESG committee, which has been in place since February 2021 and is an advisory committee to our board of directors.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Compliance</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-indent: 0.25in">We adopted a Code of Ethics in 1998, reinforcing
our ethical standards and the values that apply to all of our employees, including executive officers and directors. Instances of non-compliance
with our Code of Ethics or with other policies, whether by employees, executive officers, directors, suppliers or service providers, are
subject to disciplinary measures, ranging from verbal or written warnings to suspension or dismissal or, in the case of third parties,
termination of the relationship. We maintain a whistleblower channel for reports of suspected instances of non-compliance with our Code
of Ethics or with other policies.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For more information on our Code of Ethics, see &ldquo;Item
16. Reserved&mdash;16B. Code of Ethics.&rdquo;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Mining Regulation</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Under the Brazilian Federal Constitution of 1988, or the
Brazilian Constitution, all mineral resources in Brazil belong to the federal government. The Brazilian Constitution, the Brazilian Mining
Code (<I>C&oacute;digo de Minera&ccedil;&atilde;o</I>) enacted through Decree Law 227/1967, or the Mining Code, and mining regulations
enacted through Decree 9,406/2018 impose various regulatory restrictions on mining companies relating to, among other things:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>manner in which mineral deposits must be exploited;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>health and safety of workers and the safety of residential areas located near mining operations;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>protection and restoration of the environment;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>prevention of pollution; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>support of local communities where mines are located.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The Mining Code also imposes certain notifications and
reporting requirements.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Mining companies in Brazil can only prospect and mine
pursuant to prospecting authorizations or mining concessions granted by the ANM.&nbsp;The ANM grants prospecting authorizations to a requesting
party for an initial period of one to three years. These authorizations are renewable at the ANM&rsquo;s discretion, <I>provided</I> that
the requesting party is able to show that the renewal is necessary for proper conclusion of prospecting activities. Upon completion of
prospecting activities and geological exploration at the site, the holder of the prospecting authorization must submit a final report
to the ANM.&nbsp;If the geological exploration reveals the existence of a mineral deposit that is technically and economically exploitable,
the grantee has one year (which the ANM may extend) from approval of the report by the ANM to apply for a mining concession by submitting
an economic exploitation plan or to transfer its right to apply for a mining concession to an unrelated party. When a mining concession
is granted, the holder of such mining concession must begin on-site mining activities within six months.&nbsp;The ANM grants mining concessions
for an indeterminate period of time lasting until the exhaustion of the mineral deposit. After extraction, the mineral products that are
specified in the concession belong to the holder of the concession. With the prior approval of the ANM, the holder of a mining concession
can transfer it to an unrelated party that is qualified to own concessions. Under certain circumstances, mining concessions may be challenged
by unrelated parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-indent: 0.25in">After accidents involving the breaking of upstream
mining dams operated by other mining companies in the cities of Mariana and Brumadinho in the state of Minas Gerais, the ANM and Brazilian
environmental regulatory authorities have applied more stringent environmental licensing requirements for mining project operations, specifically
for dams. For more information, see &ldquo;Item 3. Key Information&mdash;3D. Risk Factors&mdash;Risks Relating to Us and the Industries
in Which We Operate&mdash;Our activities depend on authorizations, concessions, licenses and permits and changes in applicable laws, regulations
or government measures could adversely affect us&rdquo; and &ldquo;&mdash;We are subject to environmental, health and safety incidents
and current, new or more stringent regulations may result in liability exposure and increased capital expenditures.&rdquo;</P>

<!-- Field: Page; Sequence: 56 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->51<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Mining Concessions</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We operate our iron ore mining activities at Casa de Pedra
mine under a mining concession known as <I>Manifesto de Mina</I> under Brazilian regulations, which gives us the right to extract the
iron ore deposits existing within our property limits. Our iron ore mining activities at Engenho and Fernandinho mines are based on a
concession by the Ministry of Mines and Energy, which grants us the right to exploit mineral resources from the mine for an indeterminate
period of time lasting until the exhaustion of the mineral deposit. Our limestone and dolomite mining activities at Bocaina mine and our
tin mining activities at Ariquemes (ERSA mine) are based on concessions under similar conditions.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The <I>Manifesto de Mina</I> for Casa de Pedra mine and
the Engenho mining concession are held by CSN Minera&ccedil;&atilde;o, while the Fernandinho mining concession and the mining rights of
Cayman and Pedras Pretas are held by Min&eacute;rios Nacional.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For further information on our concessions, see &ldquo;&mdash;4D.
Property, Plant and Equipment.&rdquo;</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Mineral Rights and Ownership</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our mineral rights for Casa de Pedra mine include the
mining concession, a beneficiation plant, roads, a loading yard and a railway branch, and are duly registered with the ANM. We have also
been granted by the ANM easements in 19 mine areas located in the surrounding region. These areas are needed to expand our operations
and as operating support areas. In addition, we have obtained and are in compliance with all environmental licenses and authorizations
for our operations and projects at Casa de Pedra mine.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Quality requirements (chemical and physical) are the key
&ldquo;modifying factors&rdquo; in the definition of ore reserves at Casa de Pedra and were properly accounted for by our mine planning
department.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The Brazilian government charges us a royalty known as
CFEM, which calculation considers gross revenue, excluding taxes on sales. The ANM is responsible for auditing mining companies and enacting
regulations to ensure proper payment of CFEM.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Current CFEM rates vary between 1% and 3.5%, as follows:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>1%: rocks, sand, gravel, clay and other minerals used in civil construction; ornamental rocks and mineral and thermal water;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>1.5%: gold;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>2%: diamond and other minerals;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>3%: bauxite, manganese, niobium and rock salt;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>3.5%: iron ore.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The Mining Code and ancillary mining laws and regulations
also impose other financial obligations. For example, mining companies must compensate landowners for the damages and loss of income caused
by the use and occupation of the land (either for exploitation or exploration) and must also share with landowners the results of their
exploration (at a rate of 50% of the applicable CFEM). Mining companies must also enter into agreements with the Brazilian government
to use public lands and eventually compensate the government for damages caused to such public lands. A substantial majority of our mines
and mining concessions are on lands owned by us or on public lands for which we hold mining concessions.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Antitrust Regulation</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are subject to various laws in Brazil which seek to
maintain a competitive commercial environment. Competition law and practice in Brazil are governed by Law No. 12,529, dated November 30,
2011, which came into force on May 30, 2012, and provided for significant changes in the Brazilian antitrust system&rsquo;s structure,
including the creation of the Brazilian antitrust authority, <I>Conselho Administrativo de Defesa Econ&ocirc;mica</I>, or CADE. This law
introduced a mandatory pre-merger notification system, as opposed to the post-merger review system previously in force. CADE comprises
an Administrative Tribunal of Economic Defense (<I>Tribunal Administrativo de Defesa Econ&ocirc;mica</I>), a General-Superintendence (<I>Superintend&ecirc;ncia-Geral</I>)
and a Department of Economic Studies (<I>Departamento de Estudos Econ&ocirc;micos</I>).&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">CADE is responsible for the control of anti-competitive
practices in Brazil. If CADE determines that certain companies have acted collusively to raise prices, it has the authority to impose
fines on the offending companies, prohibit them from receiving loans from Brazilian government sources and bar them from bidding on public
projects. In addition, CADE has the authority to prevent or impose certain conditions to mergers and acquisitions and/or to impose certain restrictions or conditions on M&amp;A
transactions (for instance, require a company to divest assets or take other anti-dumping measures) should it determine that the relevant
industry is insufficiently competitive or that the transaction creates a market concentration that can affect competition.</P>


<!-- Field: Page; Sequence: 57 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->52<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For further antitrust-related information, see &ldquo;Item
8. Financial Information&mdash;8A. Consolidated Statements and Other Financial Information&mdash;Legal and Administrative Proceedings.&rdquo;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Protectionist Measures</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Over the past several years, exports of steel products
from various countries and companies, including Brazil and us, have been the subject of anti-dumping, countervailing duty and other trade
related investigations from importing countries. These investigations resulted in duties that limit our access to certain markets.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In Brazil, we are subject to regulation and supervision
by the Special Secretary of Foreign Trade and International Business (<I>Secretaria de Comercio Exterior e Neg&oacute;cios Internacionais
&ndash; SECINT</I>), the Secretary of Foreign Trade (<I>Secretaria de Com&eacute;rcio Exterior &ndash; SECEX</I>) and the Subsecretary
of Trade Defense and Public Interest (<I>Subsecretaria de Defesa Comercial e Interesse P&uacute;blico &ndash; SDCOM</I>). Worldwide, our
exports are subject to the protectionist measures summarized below. For more information, see &ldquo;Item 3. Key Information&mdash;3D.
Risk Factors&mdash;Risks Relating to Us and the Industries in Which We Operate&mdash;Protectionist and other measures adopted by foreign
governments could adversely affect our export sales.&rdquo;</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">United States: Anti-dumping (AD) and Countervailing
Duties (CVD)</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In the United States, we are subject to regulation and
supervision by the U.S. Department of Commerce, or DOC, the International Trade Commission, or ITC, the International Trade Administration,
or ITA, and the Import Administration, or IA.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In July 2015, AK Steel Corporation, ArcelorMittal USA
LLC, Nucor Corporation, Steel Dynamics, Inc. and United States Steel Corporation filed antidumping and countervailing duty, or AD/CVD,
petitions with respect to certain cold-rolled flat steel products from Brazil, China, India, Japan, Korea, Russia and the United Kingdom
with the ITC and the DOC. In August 2015, the DOC initiated both AD/CVD investigations with respect to cold-rolled steel from Brazil.
In September 2015, the ITC announced affirmative preliminary injury determinations with respect to cold-rolled imports from Brazil.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In August 2015, AK Steel Corporation, ArcelorMittal USA
LLC, Nucor Corporation, SSAB Enterprises, LLC, Steel Dynamics, Inc., and United States Steel Corporation filed AD/CVD petitions with respect
to certain hot-rolled steel products from Australia, Brazil, Japan, the Republic of Korea, the Netherlands, Turkey and the United Kingdom.
In September 2015, the DOC initiated both AD/CVD investigations with respect to hot-rolled steel from Brazil and the ITC announced affirmative
preliminary injury determinations with respect to hot-rolled steel imports from Brazil.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The final determination for cold-rolled products was issued
in July 2016, imposing a rate of 11.31% for CVD and a rate of 19.56% for AD with a cash deposit of 15.49%. The final determination for
hot-rolled products was issued in August 2016, imposing a rate of 11.31% for CVD and a rate of 33.14% for AD with a cash deposit of 29.07%.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In April 2017, the President of the United States, Donald
Trump, requested an investigation under Section 232 of the U.S. Trade Expansion Act to determine if steel imports were harming U.S. national
security. As a result of this investigation, in March 2018, the U.S. government implemented Section 232 measures and imposed an <I>ad
valorem</I> tariff of 25% on imported steel. Brazil obtained a temporary suspension of the measure until the end of April 2018, which
was extended to the end of May 2018. After the suspension, Brazil entered into an agreement with the United States, which established
quotas for semi-finished steel products based on average exports between 2015 and 2017 and quotas for finished steel products based on
average exports between 2015 and 2017 with a reduction of 30%. Section 232 subjects us to a quota for exports of slabs, cold and hot-rolled
steel sheets, pre-painted corrosion resistant, Al-Zn and tin mill products. However, because our cold and hot-rolled products are already
subject to AD duties and CVD tariffs, these exports are unaffected by Section 232 measures. While we do not believe Section 232 measures
have materially affected our exports because the quotas are not always reached, we would expect that a lifting of these measures would
result in increased exports to the United States depending on demand.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">European Union: Anti-dumping</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In the European Union, we are subject to regulation and
supervision by the European Commission.</P>


<!-- Field: Page; Sequence: 58 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->53<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In July 2016, the European Commission initiated an AD
investigation concerning imports of certain hot-rolled flat steel products originating from Brazil, Iran, Russia, Serbia and Ukraine.
The investigation was limited to a reasonable number of exporting producers by using a sample in accordance with Article 17(1) of Regulation
(EU) 2016/1036 of the European Parliament. The criteria used to select the sample was the volume of the product concerned exported to
the European Union during the investigation period. As a result, three companies, CSN, Usiminas and Arcelor Mittal, collectively responsible
for 97% of total steel exports from Brazil to the European Union, were chosen as part of the sample subject to investigation.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In January 2017, the European Commission issued a regulation
establishing that imports of hot&ndash;rolled flat steel products originating from Brazil and Russia be subject to customs registration,
meaning that all imports cleared after January 7, 2017 would be exposed to the risk of retroactive collection of duties against Brazil
at the end of the investigation.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The preliminary determination was issued in April 2017
by the European Commission, which opted not to impose provisional duties on the imports of hot-rolled products from Brazil into the European
Union. In October 2017, the European Commission issued a final determination imposing definitive AD duties for the exports of hot-rolled
steel products into the European Union from Brazil. The duties imposed were a tariff rate of 53.4 euros/ton for CSN, 63 euros/ton for
Usiminas, 54.5 euros/ton for Arcelor Mittal and 55.8 euros/ton for Gerdau.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Prompted by the United States&rsquo; adoption of Section
232 measures, the European Union initiated, in April 2018, an investigation into safeguards for imports of 26 categories of steel products.
In February 2019, a definitive E.U. regulation imposed safeguard measures on imports of hot-rolled, cold-rolled and tin mill products
and imposed quotas for the next three years. The quota system is divided into specific quotas for countries which participation in exports
is above 5% on all European Union imports, and global quotas for the countries which participation is below 5% of European Union imports.
Unlike the U.S. quotas pursuant to Section 232, the E.U. quotas provide for imports above the quota, subject to a 25% tariff. Because
our hot-rolled products are already subject to AD duties, these exports are unaffected by the E.U. quotas. In the case of our cold-rolled
and tin mill products, because the E.U. quotas have not been reached since implemented, these exports have also been unaffected.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">On February 26, 2021 the European Commission initiated
a review investigation to determine whether the E.U. safeguard measures on certain steel products should be extended past their current
lapse date of June 30, 2021.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Canada</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In Canada, we are subject to regulation and supervision
by the Canadian International Trade Tribunal, the Canada Border Services Agency and the Anti-dumping and Countervailing Directorate.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Since 2001, Canada has had an anti-dumping order in place
relating to hot-rolled sheets and coils from Brazil. However, we are not currently affected by this anti-dumping order since we do not
export hot-rolled sheets or coils to Canada.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Overview of Steel Industry</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Global Steel Industry</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The global steel industry comprises hundreds of steelmaking
facilities divided into two major categories: integrated steelworks and non-integrated steelworks, depending on the method used for producing
steel. Integrated plants, which accounted for approximately two-thirds of worldwide crude steel production in 2013, typically produce
steel by smelting in blast furnaces the iron oxide found in ore and refining the iron into steel, mainly through the use of basic oxygen
furnaces or, more rarely, in electric arc furnaces. Non-integrated plants (sometimes referred to as mini-mills), which accounted for approximately
one-third of worldwide crude steel production in 2013, produce steel by melting scrap metal, occasionally complemented with other metallic
materials, such as direct reduction iron or hot-briquette iron, in electric arc furnaces. Industry experts expect that a lack of a reliable
and continuous supply of quality scrap metal, as well as the high cost of electricity, may restrict the growth of mini-mills.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Steel continues to be the material of choice in the automotive,
construction, machinery and other industries. Notwithstanding potential threats from substitute materials such as plastics, aluminum,
glass and ceramics, especially for the automotive industry, steel continues to demonstrate its economic advantage.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2018, nearly all top 10 steel producing countries increased
their production levels and global crude steel production increased 5.8% as compared to 2017. In 2019, global crude steel production was
1,869.9 million tons, which represented an increase of 3.4 million tons, or 0.2%, as compared
to 2018, due to an increase in crude steel production in Asia and the Middle East, while crude steel production decreased in all other
countries.</P>


<!-- Field: Page; Sequence: 59 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->54<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, global crude steel production was 1,864 million
tons, which represented a decrease of 5.9 million tons, or (0.9)%, as compared to 2019, due to a decrease in crude steel production in
all countries except Asia and the Middle East.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Brazilian Steel Industry</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Since the 1940s, steel has been of vital importance to
the Brazilian economy. During the 1970s, significant government investments were made to provide Brazil with a steel industry able to
support the country&rsquo;s industrialization boom. After a decade of investment scarcity in the sector in the 1980s, the government selected
the steel sector as the first for privatization commencing in 1991, resulting in a more efficient group of companies operating today.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Privatization</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">During almost 50 years of state control, the Brazilian
flat steel sector was coordinated on a national basis under the auspices of Siderbr&aacute;s, the national steel monopoly. The state had
far less involvement in the non-flat steel sector, which has traditionally been made up of smaller private sector companies. The larger
integrated flat steel producers operated as semi-autonomous companies under the control of Siderbr&aacute;s and were each individually
privatized between 1991 and 1993. We believe that the privatization of the steel sector in Brazil has resulted in improved financial performance,
as a result of increased efficiencies, higher levels of productivity, lower operating costs and an increase in investment.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Domestic Demand</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Historically, the Brazilian steel industry has been affected
by substantial fluctuations in domestic demand for steel. Although national <I>per capita</I> consumption varies with GDP, fluctuations
in steel consumption tend to be more pronounced than changes in economic activity. Crude steel consumption <I>per capita</I> in Brazil
has decreased from 147 kilograms in 2010 to 110 kilograms in 2019. It is considered low when compared to the levels of developed countries
such as the United States and Germany.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-indent: 0.25in">According to the IBGE, Brazil&rsquo;s GDP grew
by&nbsp;1.0% in 2017, 1.1% in 2018 and 1.1% in 2019, following an economic recession in 2015 and 2016. This improvement in the Brazilian
macroeconomic scenario provided for recovery of domestic market demand and, in parallel, price readjustments aligned with the strong international
market. In 2020, as a result of developments relating to the COVID-19 pandemic, Brazil&rsquo;s GDP contracted 4.1%. While crude steel
production was 31.0 million tons in 2020, representing a decrease of 4.9% as compared to 2019, mainly due to equipment stoppage in the
second quarter of 2020, domestic sales increased 2.4% to 19.2 million tons.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The Brazilian flat steel sector is shifting production
to the higher value-added consumer durable sector, which is highly dependent on domestic consumer confidence that, in turn, is affected
by economic policies and certain expectations of the current government administration. Over the past years, automobile manufacturers
made significant investments in Brazil. In 2009 and 2010, vehicle production recovered from the 2008 financial crisis in response to government
incentives such as tax cuts. In 2012, the Brazilian market reached a record 3.8 million vehicles sold, reflecting a specific government
measure, which reduced the industrialized products tax. On the other hand, exports decreased by 20.1%. In 2013, with the postponement
of the reduction in industrialized products tax, the Brazilian market maintained the level of vehicles sales, but had an increase of 13.5%
in exports, according to the Auto Manufacturers&rsquo; Association (<I>Associa&ccedil;&atilde;o Nacional dos Fabricantes de Ve&iacute;culos
Automotores</I>), or ANFAVEA, data.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2019, according to IABr, the apparent consumption of
steel in Brazil decreased 2.7% as compared to 2018. In 2020, the apparent consumption of steel in Brazil increased 1.2% as compared to
2019.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Market Participants</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">According to IABr, the Brazilian steel industry is composed
of 32 mills managed by 12 corporate groups, with an aggregate installed annual capacity of approximately 51.5&nbsp;million tons, producing
a full range of flat, long, carbon, stainless and specialty steel.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Capacity Utilization</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Installed capacity in Brazil in each of 2019 and 2020
was estimated at 51.5 million tons.</P>


<!-- Field: Page; Sequence: 60 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->55<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Exports/Imports</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Brazil has been playing an important role in the export
market, primarily as an exporter of semi-finished products. The Brazilian steel industry has taken several steps towards expanding its
capacity to produce value-added products. The Brazilian steel industry has experienced periods of overcapacity, cyclicality and intense
competition during the past several years. Demand for finished steel products, as measured by domestic apparent consumption, has consistently
fallen short of total supply (defined as total production <I>plus</I> imports). In 2018, steel imports reached 2.4 million tons, which
represented an increase of 3.3% as compared to 2017. In 2019, steel imports reached 2.3 million tons, which represented a decrease of
2.0% as compared to 2018, and steel exports decreased 12.8 million tons, or 8.0%, as compared to 2018. In 2020, steel imports reached
1.8 million tons, which represented a decrease of 25.1% as compared to 2019, and steel exports decreased 2.2 million tons, or 18.0%, as
compared to 2019.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For information on the production by the largest Brazilian
steel companies, see &ldquo;&mdash;Competition in the Steel Industry&mdash;Competition in the Brazilian Steel Industry.&rdquo;</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_014"></A><FONT STYLE="font-family: Times New Roman,serif; background-color: white">4C</FONT>.
Organizational Structure</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We conduct our business directly and through subsidiaries.
For more information on our organizational structure, see note 2.b. to our audited consolidated financial statements included elsewhere
in this annual report.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_015"></A><FONT STYLE="font-family: Times New Roman,serif; background-color: white">4D</FONT>.
Property, Plant and Equipment</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our principal executive offices are located in the city
of S&atilde;o Paulo, state of S&atilde;o Paulo, and our main production operations are located in the city of Volta Redonda, state of
Rio de Janeiro. Presidente Vargas Steelworks, our steel mill, is an integrated facility covering approximately four square km and is located
in the city of Volta Redonda, state of Rio de Janeiro. Our iron ore, limestone and dolomite mines are located in the state of Minas Gerais,
which borders the state of Rio de Janeiro to the north. Each of these mines lies within 500 km of, and is connected by rail and paved
road to, the city of Volta Redonda.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The table below sets forth certain material information
regarding our properties as of December&nbsp;31, 2020. For more information on our properties, see note 9 to our audited consolidated
financial statements included elsewhere in this annual report.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: black">
    <TD COLSPAN="2" STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: White"><B>Description</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: White"><B>Activity</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: White"><B>Country</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: White"><B>State</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: White"><B>City</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: White"><B>Title</B></FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="width: 30%; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="width: 17%; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Presidente Vargas Steelworks</FONT></TD>
    <TD STYLE="width: 13%; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Steel Mill</FONT></TD>
    <TD STYLE="width: 8%; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 12%; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio de Janeiro</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 10%; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Volta Redonda</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 10%; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">CSN Paran&aacute;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Galvanized and Pre-Painted Products&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Paran&aacute;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Arauc&aacute;ria</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned </FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">CSN Porto Real</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Galvanized Steel&nbsp;Producer&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio de Janeiro</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Porto Real</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned </FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Service Center and Cement Distributor</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distributor</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">S&atilde;o Paulo</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Mogi das Cruzes</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Service Center</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distributor</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Bahia</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cama&ccedil;ari</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Metal&uacute;rgica Prada</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Service Center</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distributor</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">S&atilde;o Paulo</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Mogi das Cruzes</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Metal&uacute;rgica Prada</FONT></TD>
    <TD STYLE="border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Service Center</FONT></TD>
    <TD STYLE="border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distributor</FONT></TD>
    <TD STYLE="border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">S&atilde;o Paulo</FONT></TD>
    <TD STYLE="white-space: nowrap; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Bebedouro</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Metal&uacute;rgica Prada</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">Steel Can&nbsp;</P>
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">Manufacturer&nbsp;</P></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Packaging</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">S&atilde;o Paulo</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">S&atilde;o Paulo</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Metal&uacute;rgica Prada</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">Steel Can&nbsp;</P>
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">Manufacturer&nbsp;</P></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Packaging</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Minas Gerais</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Uberl&acirc;ndia</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cement Distributor</FONT></TD>
    <TD STYLE="border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Minas Gerais</FONT></TD>
    <TD STYLE="border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Uberl&acirc;ndia</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">CSN Minera&ccedil;&atilde;o</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Iron Ore Mine</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Iron Ore Mine</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Minas Gerais</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Congonhas</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned and Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Arcos Mine</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Limestone Mine</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Minas Gerais</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Arcos</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">CSN Minera&ccedil;&atilde;o</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Ouro Preto Mine</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Iron Ore Mine</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Minas Gerais</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Ouro Preto</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned </FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Min&eacute;rios Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Fernandinho Mine</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Iron Ore Mine</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Minas Gerais</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio Acima</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Estanho de Rond&ocirc;nia S.A. (ERSA)</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">ERSA Office</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Tin Mine</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rond&ocirc;nia</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Ariquemes</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 61 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->56<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="width: 30%; border-top: black 1pt solid; border-left: Black 1pt solid; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Estanho de Rond&ocirc;nia S.A. (ERSA)</FONT></TD>
    <TD STYLE="width: 17%; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">ERSA Mine</FONT></TD>
    <TD STYLE="width: 13%; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Tin Mine</FONT></TD>
    <TD STYLE="width: 8%; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="width: 12%; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rond&ocirc;nia</FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Itapu&atilde; do Oeste</FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0">Companhia Sider&uacute;rgica</P>
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0">Nacional, LLC</P></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">CSN LLC Office</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Office</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">USA</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Illinois</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Chicago</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Lusosider A&ccedil;os Planos S.A.</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Lusosider</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Flat Steel Producer</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Portugal</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Seixal</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Seixal</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Stahlwerk Th&uuml;ringen Gmbh</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">SWT</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Steel Profile</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Germany</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Saalfeld-Rudolstadt</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Unterwellenborn</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Thermoelectric Plant</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Energy</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio de Janeiro</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Volta Redonda</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Metal&uacute;rgica Prada</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">Metallic</P>
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">Packaging Plant</P></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Packaging</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio de Janeiro</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Resende</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Metal&uacute;rgica Prada</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">Metallic</P>
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">Packaging Plant</P></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Packaging</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Goi&aacute;s</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Luzi&acirc;nia</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Metal&uacute;rgica Prada</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">Metallic</P>
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">Packaging Plant</P></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Packaging</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio Grande do Sul</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Pelotas</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties </FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Metal&uacute;rgica Prada</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">Metallic</P>
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">Packaging Plant</P></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Packaging</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio de Janeiro</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Bar&atilde;o de Juparan&atilde;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Metal&uacute;rgica Prada</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Steel Roll</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">S&atilde;o Paulo</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Salto</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0">Cons&oacute;rcio Usina Hidrel&eacute;trica</P>
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0">de Igarapava</P></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Hydroelectric Facility</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Energy</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">S&atilde;o Paulo</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Igarapava</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-bottom: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">It&aacute; Energ&eacute;tica S.A.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Hydroelectric Facility</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Energy</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio Grande do Sul</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Aratiba</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Service Center</FONT></TD>
    <TD STYLE="border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distributor</FONT></TD>
    <TD STYLE="border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Pernambuco</FONT></TD>
    <TD STYLE="white-space: nowrap; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Jaboat&atilde;o dos Guararapes</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distributor</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio Grande do Sul</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Canoas</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Metal&uacute;rgica Prada</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distributor</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">S&atilde;o Paulo</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Piracicaba</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Metal&uacute;rgica Prada</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distributor</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Minas Gerais</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Contagem</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">Steel Distribution</P>
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">Center</P></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distributor</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Minas Gerais</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Contagem</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cement Distributor </FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Minas Gerais</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Contagem</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cement Distributor</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Minas Gerais</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Juiz de Fora</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cement Distributor</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">S&atilde;o Paulo</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Mau&aacute;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cement Distributor</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">S&atilde;o Paulo</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Ribeir&atilde;o Preto</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cement Distributor</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">S&atilde;o Paulo</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Guarulhos</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Steel Distributor</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio Grande do Sul</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Caxias do Sul</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">CSN Minera&ccedil;&atilde;o</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">TECAR - Terminal de Carv&atilde;o</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Iron Ore Shipment</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio de Janeiro</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Itagua&iacute;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">TECON</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">TECON - Terminal de Containers</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Logistics</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio de Janeiro</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Itagua&iacute;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cement Plant</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cement Manufacturer</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio de Janeiro</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Volta Redonda</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-top: black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">Clinker and</P>
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center">Cement Plant</P></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cement Manufacturer</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Minas Gerais</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Arcos</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-top: black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Long Steel Plant</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Long steel Manufacturer</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio de Janeiro</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Volta Redonda</FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-right: Black 1pt solid; border-left: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Owned</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">MRS</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Railway</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Railway Logistics</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Several</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Several</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">FTL</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Railway</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Railway Logistics</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Several</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Several</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">TLSA</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Railway</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Railway Logistics</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Several</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Several</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cement Distributor</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio de Janeiro</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio de Janeiro (Arar&aacute;)</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 62 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->57<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="width: 30%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="width: 17%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="width: 13%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cement Distributor</FONT></TD>
    <TD STYLE="width: 8%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 12%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio de Janeiro</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 10%; border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio de Janeiro (Campo Grande)</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 10%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cement Distributor</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">S&atilde;o Paulo</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Americana</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cement Distributor</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio de Janeiro</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Queimados</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cement Distributor</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">S&atilde;o Paulo</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">S&atilde;o Jos&eacute; dos Campos</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cement Distributor</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">S&atilde;o Paulo</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Osasco</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cement Distributor</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio de Janeiro</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Itabora&iacute;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cement Distributor</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Rio de Janeiro</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Barra Mansa</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Companhia Sider&uacute;rgica Nacional</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Distribution Center</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Steel</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">S&atilde;o Paulo</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Jacare&iacute;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-left: black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Third Parties</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For information on environmental matters with respect
to certain of the facilities described above, see &ldquo;Item 8. Financial Information&mdash;8A. Consolidated Statements and Other Financial
Information&mdash;Legal and Administrative Proceedings.&rdquo; In addition, for information on our plans to construct, expand and improve
our facilities, see note 9 to our audited consolidated financial statements included elsewhere in this annual report.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Acquisitions and Dispositions</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">CSN Minera&ccedil;&atilde;o</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In February, 2021, we sold part of our stake in CSN Minera&ccedil;&atilde;o
as part of its initial public offering in Brazil For more information, see &ldquo;&mdash;4A. History and Development of the Company&mdash;Recent
Developments&mdash;Initial Public Offering of CSN Minera&ccedil;&atilde;o.&rdquo;</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_016"></A><FONT STYLE="font-family: Times New Roman,serif; background-color: white">4E</FONT>.
Unresolved Staff Comments</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">None.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><A NAME="a_017"></A><FONT STYLE="font-family: Times New Roman,serif; color: windowtext; background-color: white">Item
5</FONT>. Operating and Financial Review and Prospects</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following discussion should be read in conjunction
with our audited consolidated financial statements included elsewhere in this annual report. Due to the adoption of IFRS 16 as of January
1, 2019, which we did not apply retroactively, financial information for the years ended December 31, 2020 and 2019 may not be comparable
with financial information for the year ended December 31, 2018.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_018"></A><FONT STYLE="font-family: Times New Roman,serif; background-color: white">5A</FONT>.
Operating Results</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Overview</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Brazilian Macroeconomic Scenario</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As a company with most operations and a large portion
of its sales in Brazil, we are affected by the general macroeconomic conditions in Brazil. The rate of economic growth in Brazil is important
in determining our own growth capacity and results of operations.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table sets forth select Brazilian macroeconomic
indicators for the periods indicated:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font: 8pt Times New Roman,serif"><B>Year ended December 31,</B></FONT> </TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: #2F75B5 1pt solid; border-bottom: #2F75B5 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; border-top: #2F75B5 1pt solid; border-bottom: #2F75B5 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2018</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: #2F75B5 1pt solid; border-bottom: #2F75B5 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; border-top: #2F75B5 1pt solid; border-bottom: #2F75B5 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2019</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: #2F75B5 1pt solid; border-bottom: #2F75B5 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-top: #2F75B5 1pt solid; border-bottom: #2F75B5 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>

    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">GDP growth (contraction) rate</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1.1%</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1.1%</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(4.1)%</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Inflation (IPCA)<SUP>(1)</SUP></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3.7%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4.3%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4.5%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Inflation (IGP-M)<SUP>(2)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">7.5%</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">7.3%</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">23.1%</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">CDI<SUP>(3)</SUP></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">6.4%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">6.0%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2.8%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Appreciation (depreciation) of the <I>real</I> against the U.S. dollar (end of period)</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">17.1%</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(4.0)%</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(28.9)%</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Exchange rate at the end of period (US$1.00)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">R$3.875</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">R$4.030</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">R$5.197</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Average exchange rate (US$1.00)</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">R$3.656</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">R$3.945</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">R$5.158</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Unemployment rate<SUP>(4)</SUP></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">12.3%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">11.0%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">13.1%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD COLSPAN="7" STYLE="padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Sources: IBGE, Funda&ccedil;&atilde;o Getulio Vargas, Central Bank and CETIP.</B></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 43%">&nbsp;</TD>
    <TD STYLE="width: 14%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 14%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 14%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">_______________________</TD><TD></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(1)</TD><TD>The IPCA is measured by the IBGE.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(2)</TD><TD>The IGP-M is measured by the Funda&ccedil;&atilde;o Getulio Vargas.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(3)</TD><TD>The Interbank Deposit Rate, or CDI, represents the average interbank deposit rate performed during a given day in Brazil (accrued
as of the last month of the period, annualized).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(4)</TD><TD>The unemployment rate (<I>Pesquisa Nacional por Amostra de Domic&iacute;lios</I>) is measured by the IBGE.</TD></TR></TABLE>


<!-- Field: Page; Sequence: 63 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->58<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Effects of Exchange Rate Fluctuations</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our export revenues are substantially denominated in U.S.
dollars and our domestic revenues are denominated in Brazilian <I>reais</I>.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">A significant portion of our cost of products sold is
commoditized raw materials, the prices of which are denominated in U.S. dollars. The balance of our cost of products sold and our cash
operating expenses (<I>i.e.</I>, operating expenses apart from depreciation and amortization) are denominated in <I>reais</I>.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The depreciation of the <I>real</I> against the U.S. dollar
has the following effects on our results of operations:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>domestic revenues tend to be lower (in comparison with prior years), partially offset by an increase in foreign market sales;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>the impact of <I>real </I>denominated costs of products sold and operating costs tends to be lower; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>financial expenses increase to the extent our exposure to U.S. dollar-denominated debt is not protected.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">However, to the extent our future export transactions
are hedged by our U.S. dollar denominated debt, we recognize our foreign exchange variation generated from debt used as a hedge instrument
directly in net equity as other comprehensive income, which we charge against income at the time the future export transactions occur.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The appreciation of the <I>real</I> against the U.S. dollar
has the following effects on our results of operations:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>foreign revenues tend to be lower (in comparison with prior years), partially offset by an increase in domestic market sales;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>the impact of <I>real </I>denominated costs of products sold and operating costs tends to be higher; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>financial expenses decrease to the extent our exposure to U.S. dollar-denominated debt is not protected. However, to the extent our
future export transactions are hedged by our U.S. dollar denominated debt, we recognize our foreign exchange variation generated from
debt used as a hedge instrument directly in net equity as other comprehensive income, which we charge against income at the time the future
export transactions occur.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The impact of fluctuations in the exchange rate of the
<I>real </I>against other currencies on our results of operations can be seen in the &ldquo;foreign exchange and monetary gain (loss),
net&rdquo; line in our income statement, although that amount is partially offset by the net financial income (expenses) attributable
to the profit (or loss) on the derivative transactions of our foreign currency-denominated debt. In order to minimize the effects of exchange
rate fluctuations, we may use derivative transactions, including currency swap and foreign currency option agreements. For a discussion
on the possible impact of exchange rate fluctuations on our principal financial instruments and positions, see &ldquo;Item 11. Quantitative
and Qualitative Disclosures About Market Risk.&rdquo;</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Effects of Inflation and Interest Rates</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Inflation measured by the IPCA index was 3.7 %, 4.3% and
4.5% in 2018, 2019 and 2020, respectively, and 7.5%, 7.3% and 23.1%, respectively, as measured by the IGP-M index.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Inflation affects our financial performance by increasing
our costs and expenses denominated in <I>reais&nbsp;</I>that are not linked to the U.S. dollar. Our cash costs and operating expenses
are substantially denominated in <I>reais&nbsp;</I>and have tended to follow the Brazilian inflation ratio, because our suppliers and
service providers generally increase or decrease prices to reflect Brazilian inflation. In addition, some of our <I>real</I>-denominated
debt is indexed to take into account the effects of inflation. Under this debt, the principal amount is generally adjusted with reference
to inflation indices. A significant portion of our <I>real</I>-denominated debt bears interest based on the CDI rate, which is partially
adjusted for inflation. The CDI rate as of December 31, 2018, 2019 and 2020 was 6.4%, 6.0% and 2.8%, respectively.</P>


<!-- Field: Page; Sequence: 64 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->59<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Steel Market</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For the years ended December 31, 2018, 2019 and 2020,
our steel segment represented 68%, 55% and 55% of our net revenues, respectively, and 49%, 44% and 22% of our gross profit, respectively.
In 2020, 71% of our steel revenues were in Brazil and 29% were abroad. In 2019, 72% of our steel revenues were in Brazil and 28% were
abroad, as compared to 66% and 34%, respectively, in 2018.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">According to the WSA, global crude steel production was
1.86 billion tons in 2020, or a 0.9% decrease as compared to 2019, and 1.88 billion tons in 2019, or a 3.4% increase as compared to 2018.
In 2020, China was responsible for 1,053 million tons, or about 56.5% of the global output, representing an increase of 5.2% as compared
to 2019. Japan&rsquo;s crude steel production was 83 million tons, representing a decrease of 16.2% as compared to 2019. In the European
Union, production was 138.8 million tons in 2020, representing a decrease of 11.8% compared to 2019. In the United States, crude steel
production was 72.7 million tons in 2020, representing a decrease of 17.2% as compared to 2019. According to the global energy and mining
consultancy company Wood Mackenzie, global capacity usage increased by 2.5% in 2019 to 75%.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">According to IABr, domestic crude steel production was
31 million tons in 2020, or a 4.9% decrease as compared to 2019, while rolled steel output was 21.6 million tons in 2020, or a 3.6% decrease
as compared to 2019.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Domestic steel product consumption in Brazil was 20.5
million tons in 2020, or a 0.3% decrease as compared to 2019, while domestic sales increased 2.1% to 18.9 million tons.&nbsp;Annual imports
to Brazil were 1.8 million tons, or a 25.1% decrease as compared to 2019, and exports decreased 10.2 million tons, or (18.0)%, in 2020
as compared to 2019.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The WSA estimates that global steel demand, including
China, totalled 1.864 billion tons in 2020, which would represent a decrease of 0.9% as compared to 2019. Crude steel production increased
in 2020 in Asia and the Middle East and decreased in all other countries.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Mining Market</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The seaborne iron ore supply faced several disruptions
in 2019 from key players in the industry, including the Brumadinho accident in Brazil and adverse weather conditions in Australia. This
scenario, coupled with significant investments in infrastructure and construction in China, resulted in iron ore prices surpassing US$126/dmt
for the first time since 2014 and average iron ore prices increased 34.5%, from US$69.5/dmt in 2018 to US$93.4/dmt (Platts, Fe 62%) in
2019. In 2020, in the midst of the COVID-19 pandemic, China implemented a strong fiscal stimulus policy, principally in the infrastructure
and housing sectors, which had a positive impact on the steel and iron ore market despite the otherwise struggling global company. Consequently,
iron ore prices continued the upward trend and increased 16.6% from, US$93.4/dmt in 2019 to US$108.9/dmt in 2020.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Chinese annual iron ore imports increased to 1.163 billion
tons in 2020, as compared to 1.049 billion tons in 2019, and the global seaborne iron ore market increased to 1.530 billion tons in 2020,
as compared to 1.477 billion tons in 2019.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Logistics, Cement and Energy Markets</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The performance of our logistics, cement and energy segments
is directly related to the performance of our steel and mining segments. For the years ended December 31, 2018, 2019 and 2020, these segments
represented an aggregate of 12%, 10% and 9% of our net revenues, respectively, and an aggregate of 10%, 5% and 7% of our gross profit,
respectively. A material portion of the revenues in these segments is derived from our steel and mining operations, which utilize our
logistics network and energy output.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Steel Market</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Supply and Demand</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Prices of steel are sensitive to (i) changes in worldwide
and local demand, which in turn are affected by worldwide and country-specific economic cycles, and (ii) available production capacity.
While the export price of steel (which is denominated in U.S. dollars or euros, depending on the export destination) is the spot price,
there is no exchange trading of steel or uniform pricing. Unlike other commodity products, steel is not completely fungible due to wide
differences in terms of size, chemical composition, quality and specifications, all of which impact prices. Many companies (including
us) discount their list prices for regular customers, making actual transaction prices difficult to determine.</P>


<!-- Field: Page; Sequence: 65 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->60<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Historically, export prices and margins have been lower
than domestic prices and margins because of the logistics costs, taxes and tariffs involved in exports &ndash; not all of which we can
pass onto customers. The portion of our production that we export depends on domestic demand, exchange rate fluctuations and how favorable
the prices that can be charged in the international markets are.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Product Mix and Prices</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We forecast sales trends in both domestic and foreign
markets monthly based on data from preceding months. We rely on our own information system to keep up with market developments in order
to respond swiftly to fluctuations in demand.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We consider our flexibility in shifting between domestic
and foreign markets, and our ability to monitor and optimize inventory levels in light of changing demand, as key to our success.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: white">
    <TD COLSPAN="12" STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Sales Volumes</B></FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="3" STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Tons</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="7" STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>% of Sales Volumes</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="3" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>In Market*</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="3" STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Total</B></FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; width: 18%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 6%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2018</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2019</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2020</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 1%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 9%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2018</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2019</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2020</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 1%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 9%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2018</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2019</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2020</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD COLSPAN="4" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B><U>Domestic Sales</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Slabs</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Hot-Rolled</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,133</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,097</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,079</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">34%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">35%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">34%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">22%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">24%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">23%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Cold-Rolled</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">630</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">562</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">589</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">19%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">18%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">18%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">12%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">12%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">13%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Galvanized</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,091</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">963</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">996</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">33%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">31%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">31%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">22%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">21%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">21%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Tin Plate</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">281</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">303</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">314</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">8%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">10%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">10%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">6%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">7%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">7%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Long Steel</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">192</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">227</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">225</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">6%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">7%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">7%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Subtotal</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>3,327</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>3,151</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>3,204</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>66%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>70%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>69%</B></FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD COLSPAN="4" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B><U>Sales Abroad</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Slabs</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">43</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Hot-Rolled</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">140</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">55</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">54</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">8%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Cold-Rolled</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">57</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">25</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">31</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Galvanized</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">549</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">423</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">483</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">32%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">31%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">33%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">11%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">9%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">10%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Tin Plate</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">189</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">78</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">71</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">11%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">6%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Long Steel</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">806</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">791</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">765</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">46%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">58%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">53%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">16%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">17%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">16%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Subtotal</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,742</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,374</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,447</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>34%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>30%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>31%</B></FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B><U>Total Sales</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Slabs</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">43</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Hot-Rolled</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,273</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,152</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,.134</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">25%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">25%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">24%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Cold-Rolled</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">688</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">587</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">620</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">14%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">13%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">13%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Galvanized</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,640</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,386</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,479</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">32%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">31%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">32%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Tin Plate</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">470</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">381</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">385</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">9%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">8%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">8%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Long Steel</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">999</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1.018</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">991</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">20%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">22%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">21%</FONT></TD></TR>

<TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif; width: 18%"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Total</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif; width: 6%"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>5,069</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif; width: 10%"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>4,525</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif; width: 10%"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>4,651</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; width: 9%">&nbsp;</TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; width: 9%">&nbsp;</TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; width: 9%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; width: 1%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif; width: 9%"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif; width: 9%"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif; width: 9%"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD></TR>
  </TABLE>

<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 18pt; text-indent: -18pt">*% of sales volume in the market means the participation
of each product line in domestic sales and sales abroad.</P>
<!-- Field: Page; Sequence: 66 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->61<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As part of our strategy, we seek to increase the portion
of our sales attributable to higher value-added coated products, particularly galvanized flat steel and tin plate products. Galvanized
products are directed at the automotive, construction and home appliance industries. Tin plate products are used by the steel packaging
market.</P>

<P STYLE="font: 9pt TimesNewRomanPSMT; margin: 0 0 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: white">
    <TD COLSPAN="12" STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Net Operating Revenues</B></FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="7" STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>% of Net Operating Revenues</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>In Market*</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Total</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; width: 23%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2018</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 10%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2019</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 10%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2020</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 7%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2018</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 7%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2019</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 7%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2020</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 7%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2018</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 7%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2019</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 7%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2020</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD COLSPAN="4" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B><U>Domestic Sales</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Slabs</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Hot-Rolled</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2,830</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2,770</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,217</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">28%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">28%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">27%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">18%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">20%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">19%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cold-Rolled</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,705</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,538</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,880</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">17%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">15%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">16%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">11%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">11%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">11%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Galvanized</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,792</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,456</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,977</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">37%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">34%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">34%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">25%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">25%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">24%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Tin Plate</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,349</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,536</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,766</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">13%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">15%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">15%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">9%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">11%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">11%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Long Steel</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">466</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">543</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">611</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Other Products</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">185</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">270</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Subtotal</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>10,143</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>10,028</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>11,721</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>66%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>72%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>71%</B></FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD COLSPAN="4" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif; text-align: right"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B><U>Sales Abroad</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Slabs</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">85</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Hot-Rolled</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">422</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">130</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">156</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">8%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cold-Rolled</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">169</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">62</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">96</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Galvanized</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,894</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,364</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,877</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">36%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">35%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">38%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">12%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">10%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">11%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Tin Plate</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">655</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">303</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">324</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">13%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">8%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">7%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Long Steel</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2,051</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,980</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2,245</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">39%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">51%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">46%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">13%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">14%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">14%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Other Products </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">78</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">98</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Subtotal</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>5,195</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>3,921</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>4,882</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>34%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>28%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>29%</B></FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Total Sales</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Slabs</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">85</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Hot-Rolled</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,253</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2,900</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,373</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">21%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">21%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">20%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">21%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">21%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">20%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cold-Rolled</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,874</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,600</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,976</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">12%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">11%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">12%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">12%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">11%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">12%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Galvanized</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5,687</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4,820</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5,853</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">37%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">35%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">35%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">37%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">35%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">35%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Tin Plate</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2,004</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,839</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2,091</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">13%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">13%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">13%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">13%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">13%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">13%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Long Steel</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2,518</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2,524</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2,856</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">16%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">18%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">17%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">16%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">18%</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">17%</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Other Products </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">263</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">369</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2%</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Total</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>15,338</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>13,949</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>16,603</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: #0070C0 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #0070C0 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #0070C0 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>100%</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">100%</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">100%</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 18pt; text-indent: -18pt">*% of sales volume in the market means the participation
of each product line in domestic sales and sales abroad.</P>

<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 18pt; text-indent: -18pt">&nbsp;</P>

<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 18pt; text-indent: -18pt">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Accounting for Mining
Production Used in Our Steel Production</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are currently self-sufficient for the iron ore used
in our steel production, except for pellets. We extract iron ore from our mines owned by CSN Minera&ccedil;&atilde;o, which in 2020 provided
approximately 30.5&nbsp;million tons of iron ore.<B>&nbsp;</B>We sell the remainder of our iron ore production to third parties in Brazil
and abroad.</P>


<!-- Field: Page; Sequence: 67 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->62<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We record the cost of iron ore for our steel production
on our income statement in cost of products sold at its extraction cost <I>plus</I> transport cost from the mine. In 2018, 2019 and 2020,
these costs were R$880 million, R$834 million and R$1,430 million, respectively.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Critical Accounting
Estimates</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We prepare our consolidated financial statements in accordance
with IFRS, as issued by the IASB. In preparing our consolidated financial statements, we make estimates concerning a variety of matters,
some of which are highly uncertain, and our estimates involve judgments we make based on the information available to us. In the discussion
below, we have identified several of these matters for which our financial presentation would be materially affected if either (i) we
used different estimates that we reasonably could have or (ii) in the future we change our estimates in response to changes that are reasonably
likely to occur.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">This discussion addresses only those estimates that we
consider most important based on the degree of uncertainty and the likelihood of a material impact if we used a different estimate. There
are many other uncertain matters for which we use estimates, but the reasonably likely effect of different or changed estimates is not
material to our financial presentation.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Impairment of Long-Lived Assets,
Intangible Assets and Goodwill</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In accordance with IAS 36 &ndash; <I>Impairment of Assets</I>,
we assess long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may
not be recoverable. We measure recoverability of assets to be held and used by a comparison of the carrying amount of an asset to the
estimated discounted future cash flows expected to be generated by the asset, or cash generating unit.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">If the carrying amount of a cash generating unit exceeds
its estimated future cash flows, an impairment loss is recognized in the amount by which the carrying amount of the asset exceeds the
greater of the value in use or fair value of the cash generating unit.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">A determination of the value in use or fair value of a
cash generating unit requires management to make certain assumptions and estimates with respect to projected cash inflows and outflows
related to future revenues and expenditures. These assumptions and estimates can be influenced by different external and internal factors,
such as economic and industry trends, interest rates and changes in the marketplace. A change in the assumptions and estimates that we
use could change our estimate of the expected future net cash flows and lead to the recognition of an impairment charge in our results
of operations relating to our property, plant and equipment.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Assets that have an indefinite useful life, such as goodwill,
are not subject to amortization and are assessed annually for impairment in accordance with IAS 36. We review assets subject to amortization
for impairment whenever events or changes in circumstances indicate that their carrying amount may not be recoverable. We allocate goodwill
to cash-generating units, for impairment testing purposes, that are expected to benefit from the business combination from which the goodwill
arose, and the unit is not greater than the operating segment.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We assess financial assets for impairment at the end of
each reporting period and we assess whether there is objective evidence that a financial asset or a group of financial assets is impaired.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Depreciation and Amortization</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The basis for calculation of depreciation is the cost
of the asset less the estimated residual value upon sale. While no specific depreciation method is recommended, the method chosen should
be applied consistently for all significant components of assets and allocation of the depreciation should be on a systematic basis for
each one of the accounting periods that best represents the realization of the economic benefits during the useful lives of assets. We
review the useful lives of assets every fiscal year for all of our units. See further details in note 11 to our audited consolidated financial
statements included elsewhere in this annual report.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Fair Value of Business Combinations</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We use the acquisition method to account for each business
combination that we conduct. We measure the payment obligation transferred by acquiring an entity by the fair value of the assets transferred,
liabilities incurred and equity instruments issued. The consideration transferred includes the fair value of any asset or liability resulting
from a contingent consideration arrangement, where applicable. We recognize acquisition-related costs in profit or loss, as incurred.
We initially measure identifiable assets acquired and liabilities assumed in a business combination at their fair values at the acquisition
date.</P>


<!-- Field: Page; Sequence: 68 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->63<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Derivatives</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">IFRS 9 &ndash; <I>Financial Instruments</I> requires that,
as of January 1, 2018, we recognize all derivative financial instruments as either assets or liabilities on our balance sheet and measure
these instruments at fair value. We record changes in the fair value of derivatives in each period in our income statement in other comprehensive
income, depending on whether we designate a transaction as an effective hedge. Certain derivative instruments do not qualify for hedge
accounting, and, accordingly, we immediately record changes in the fair value of any of these derivative instruments in our income statement
as financial income or financial expenses. For derivative instruments that do qualify for hedge accounting, we may first account for them
as other comprehensive income, in net equity, and reclassify them to our income statement at the moment the underlying transaction occurs.
In general, we use derivatives for cash flow hedging purposes. We apply hedge accounting on our cash flow hedge in order to protect ourselves
against exposure to changes in cash flows due to foreign currency and commodity price risks associated with our debt, highly probable
forecast transactions and the volatility of the Platts Iron Ore Index (62% Fe CFR China) that may affect our net results. Our hedging
instrument, are non-derivative monetary items. Therefore, we account for the effective portion of our cash flow hedges in other comprehensive
income. We account for the ineffective portion of the gain or loss on the hedging instrument, if any, in profit or loss. With respect
to the fair value measurement, we must make assumptions as to future foreign currency exchange, interest rates and commodities indexes.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Pension Plans</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We sponsor certain pension plans for some of our retirees.
We account for these benefits in accordance with IAS 19 &ndash; <I>Employee Benefits</I>. The determination of the amount of our obligations
for pension benefits depends on certain actuarial assumptions. These assumptions are described in note 30 to our audited consolidated
financial statements included elsewhere in this annual report and include, among others, the expected long-term rate of return on plan
assets and increases in salaries. We calculate our net obligation regarding pension plans individually for each plan by estimating the
value of the future benefit that the employees accrue in return for services provided in the current period and in prior periods; we then
discount this benefit to its present value. The discount rate is the yield presented at the end of the reporting period for top line debt
securities whose maturity dates approximate the terms and conditions of our obligations and which are denominated in the same currency
as the one in which we expect the benefits will be paid. Annually, a qualified actuary reviews our assumptions and calculates our net
obligation with regard to our pension plans using the projected unit credit method.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We recognize all the actuarial gains and losses resulting
from pension plans immediately in other comprehensive income and then transfer them within equity. If the plan is extinguished, we recognize
actuarial gains and losses in profit or loss.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Certain of our entities also offered a postretirement
healthcare benefit to their employees. The expected costs of these benefits were accumulated during the employment period, and we calculate
them using the same accounting method used for the pension plans.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Deferred Taxes</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We compute and pay income taxes based on results of operations
determined under Brazilian Corporate Law. We recognize a deferred income tax liability for all temporary tax differences, while we recognize
a deferred income tax asset only to the extent that it is probable that future taxable profit will be available against which the deductible
temporary difference can be utilized. We classify deferred tax assets and liabilities as long-term. We offset tax assets and liabilities
if the entity has a legally enforceable right to offset them and they are related to taxes levied by the same taxing authority. If the
criterion for offset of current tax assets and liabilities is met, deferred tax assets and liabilities will also be offset. We recognize
the income tax related to items recognized directly in equity in the current period or in a prior period directly in the same account.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We regularly review deferred income tax assets for recoverability
and only recognize these if we believe it is probable that the deferred income tax assets will be realized, based on projected future
taxable income and the expected timing of the reversals of existing temporary differences. If we are unable to generate sufficient future
taxable income, or if there is a material change in the actual effective tax rates or discount rates, the time period over which the underlying
temporary differences become taxable or deductible, or any change in its future projections, we reduce the carrying amount of deferred
income tax assets to the extent that it is no longer probable that sufficient taxable profit will be available to allow the benefit of
part or all of that deferred income tax asset to be realized.</P>


<!-- Field: Page; Sequence: 69 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->64<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We annually perform a technical study to demonstrate if
we will generate future taxable income and, if we have deferred tax assets recognized on our balance sheet, we assess if the future taxable
income will support the realization of the tax credits or if we must recognize any valuation allowance. We prepared this study at entity
level, in accordance with Brazilian tax legislation, and consider our projections both for the parent company, since the major part of
our recent tax losses and temporary differences are generated in the parent company, and for our Brazilian operating subsidiaries that
present temporary differences. We have recognized a valuation allowance for these subsidiaries and we assess the recoverability of their
tax credits. For those that begin to operate profitably and present a probability of generating future taxable income, we begin to recognize
tax credits by reversing the valuation allowance applied in prior years.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Deferred tax assets on tax losses and temporary differences
refer mainly to the following:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 53%; border: Black 1pt solid; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B><U>Nature</U></B></FONT></TD>
    <TD STYLE="width: 47%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B><U>Description</U></B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 13.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Tax losses</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">We incur tax losses at the parent company level because (i) of financial expenses on our leverage because we hold substantially all loans and financings at the parent company level and (ii) since 2018, we have presented taxable income in certain periods at the parent company level.</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 13.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Temporary differences &ndash; foreign exchange differences</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">We usually opt for taxation of foreign exchange differences on a cash basis. As a result, taxes are due and expenses are deductible when we settle the underlying asset or liability.</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 13.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Temporary differences &ndash; losses on Usiminas shares</FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">While we recognize changes in investments in Usiminas&rsquo; shares on an accrual basis, only upon divestment will we generate a taxable or deductible event.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 13.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Temporary differences &ndash; other provisions</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 10pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">We recognize various accounting provisions on an accrual basis, but their taxation occurs only at the time of their realization. This includes provisions for contingencies, impairment losses and environmental liabilities.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We prepared this study based on our long-term business
plan, which covers a period for which our management can reasonably make estimates, and considered several scenarios, which varied according
to different macroeconomic and operating assumptions.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The model for projection of taxable income considers two
main indicators:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Pre-tax income, reflecting our projected EBITDA <I>plus</I> depreciation,
other income and expenses and financial income (expenses); and </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Taxable income, which is our pretax income <I>plus</I> (<I>less</I>)
expenses and income items that are taxable or deductible in fiscal years other than the current year (temporary differences).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, we perform a sensitivity analysis of tax
credits utilization considering changes in macroeconomic assumptions, operational performance and liquidity events.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We have had income tax losses in most of the last five
years, mainly due to volatility in the Brazilian political and macroeconomic environment and our financial leverage, which has unbalanced
the relationship between operating and financial results. In this context, we follow a business plan to rebalance our financial and operating
results, which main measures are:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">expansion of divestment efforts;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">reduction in financial leverage;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">increase in sales volume resulting in improved operating results,
higher product sales prices and efficiency in controlling production costs;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">reprofiling of our indebtedness through negotiations to extend the
amortization periods and decentralization of debt by redirecting financing agreements to our subsidiaries according to the nature and
application of resources.</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 70 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->65<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">With these measures in place, our management has improved
profitability and considers that gradual recognition of tax credits, using an initial projection period of less than 10 years, better
reflects the expectation of utilization of the credits recognized in our tax books.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">See further details in note 18.b. to our audited consolidated
financial statements included elsewhere in this annual report.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Provision for Risks, Contingencies
and Disputed Taxes</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We record provisions for risks relating to legal proceedings
with respect to which we deem the likelihood of an unfavorable outcome to be probable and the loss can be reasonably estimated. This determination
is made based on the opinion of our internal and external legal counsel. We believe we properly recognize these contingencies in our financial
statements in accordance with IAS 37 &ndash; <I>Provisions, Contingent Liabilities and Contingent Assets</I>. We are also party to judicial
and administrative proceedings that are aimed at obtaining or defending our legal rights with respect to taxes that we believe to be unconstitutional
or otherwise not required to be paid by us. We believe that these proceedings will ultimately result in the realization of contingent
tax credits or benefits that can be used to settle direct and indirect tax obligations owed to Brazilian federal or state governments
or to settle municipal tax obligations owed to the corresponding municipality. We do not recognize these contingent tax credits or benefits
in our financial statements until realization of such gain contingencies has been resolved. This occurs when a final irrevocable decision
is rendered by the courts in Brazil and the amounts recoverable can be measured at reasonable precision. Our accounting for contingent
tax credits is in accordance with accounting for contingent assets under IAS 37. Our accruals include interest on the tax obligations
that we may offset with contingent tax credits or benefits at the interest rate defined in applicable tax law. The recorded accruals for
these disputed taxes and other contingencies may change in the future due to new developments in each matter, such as changes in legislation,
irrevocable final judicial decisions specific to us or changes in approach, such as a change in settlement strategy. For further information
on the judicial and administrative proceedings in which we are involved, see &ldquo;Item 8. Financial Information&mdash;8A. Consolidated
Statements and Other Financial Information&mdash;Legal and Administrative Proceedings.&rdquo;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Mineral Reserves and Useful Life
of Mines</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We periodically&nbsp;evaluate and update our estimates
of probable and proven reserves. We determine these reserves using generally accepted geological valuation techniques. The method of calculation
requires the use of different assumptions by internal specialists and changes in some of these assumptions may have a significant impact
on probable and proven iron ore reserves recorded and on the useful life of mines.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We depreciate tangible assets that are mine-specific over
the shorter of the normal useful lives of such assets or the useful life of the mine.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We recognize exploration expenditures as expenses until
we can establish the feasibility of mining activities, after which we capitalize subsequent development costs. Exploration and valuation
expenditures include:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Research and analysis of historical data related to area exploration;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Topographic, geological, geochemical and geophysical studies;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Determination of the mineral asset&rsquo;s volume and quality/grade;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Examination and testing of extraction processes and methods;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Topographic surveys of transportation and infrastructure needs;
and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Market and financial studies.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We capitalize the development costs of new mineral deposits
or capacity expansion in mine operations and amortize using the produced (extracted) units method based on the probable and proven ore
quantities. The development stage includes:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Drillings to define the ore body;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Access and draining plans; and </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 36pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Advance removal of overburden (top soil and waste material removed
prior to initial mining of the ore body) and waste material (non-economic material that is intermingled with the ore body).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We capitalize stripping costs (the costs associated with
the removal of overburden and other waste materials) incurred during the development of a mine, before production commences, as part of
the depreciable cost of developing the property. We subsequently amortize these costs over the useful life of the mine based on proven
and probable reserves.</P>


<!-- Field: Page; Sequence: 71 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->66<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We include stripping costs in the production phase in
the cost of inventory, except when we undergo a specific extraction campaign to access deposits deeper than the ore body. In these cases,
we capitalize costs in noncurrent assets when the mineral ore deposit is extracted and we amortize these costs over the useful life of
the ore body.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Additionally, we account for asset retirement obligations
as the estimated cost for decommissioning, retirement or restoration of areas upon the termination of activities related to mining resources.
We recognize the initial liability as discounted to the present value, and subsequently as an increase in expenses. We capitalize asset
retirement obligations equivalent to the initial liability as part of the carrying amount of the asset, which we depreciate over the useful
life of the asset.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Property, Plant and Equipment</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In accordance with our accounting policy, we capitalize
the cost of maintenance on operating assets when it does not occur annually and results in an increase in the useful life of the operating
asset. We recognize depreciation on an accrual basis until the next capitalized maintenance of the relevant asset. We record the cost
of regular maintenance and repairs that are necessary to maintain operating assets in normal conditions of use as operating costs and
expenses, as incurred.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As of December 31, 2018, 2019 and 2020, we capitalized
borrowing costs of R$71.6 million, R$117.2 million and R$92.5 million, respectively. These costs are estimated for our mining projects
related mainly to the Casa de Pedra expansion and TECAR.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Leases</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We adopted IFRS 16 &ndash; <I>Leases</I> as of January
1, 2019. According to IFRS 16, we determine, in initial recognition, the lease term or non-cancellable term which will be used in the
measurement of the right-of-use and lease liabilities. We reassess the lease term when a material event or material change occurs in circumstances
that are in our control as lessee and affect the non-cancellable term. As provided in IFRS 16, we adopt the exemption from recognition
for lease agreements with a term of less than 12 months, or which underlying asset is of immaterial value.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">At the initial date of the lease, we recognize the right
to use the asset and the lease liability at present value. According to IFRS 16, we measure the asset right-of-use at cost, which includes
the lease liability, initial costs, advance payments and estimated costs to dismantle, remove or restore. We measure the lease liability
at the initial date of the lease considering the present value of the lease payments that are set on that date. We discount lease payments
at the interest rate in the lease, or if the interest rate cannot be determined, an incremental borrowing rate, that is the rate of interest
that a lessee would have to pay to borrow the funds necessary to obtain a right to use an asset of similar value, as provided under IFRS
16.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In lease agreements for which we set the interest rate,
this interest rate is considered implied in the agreements&rsquo; terms and is applied to discount the flow of future lease payments.
In lease agreements with no defined interest rate, we apply the incremental borrowing rate, which we calculate based on consultations
with banks that we have a relationship with and adjust it for expected inflation.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For further information on the impact of our adoption
of IFRS 16, see note 16 to our audited consolidated financial statements included elsewhere in this annual report.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Recently Issued Accounting
Pronouncements Not Adopted by Us</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The standards, amendments to standards and IFRS interpretations
issued by the IASB that are not yet effective and were not early adopted by us for the year ended December 31, 2020 are described in note
2.e to our audited consolidated financial statements included elsewhere in this annual report.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Results of Operations</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table presents certain financial information
with respect to our results of operations for each of the years ended December&nbsp;31, 2018, 2019 and 2020:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: white">
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="3" STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="5" STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Year ended December 31,</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD COLSPAN="2" STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Income Statement Data:</B>&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="2" STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2018</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2019<SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2020<SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2020<SUP>(1)(2)</SUP></B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="6" STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><I>(in millions of R$, except per share data)</I></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><I>(in millions of US$, except per share data)</I></FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Net operating revenues</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="2" STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>22,969</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>25,436 </B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>30,064</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>5,785</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD COLSPAN="2" STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;Cost of products sold</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="2" STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(16,106)</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(17,263)</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(19,125)</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(3,680)</FONT></TD></TR>
  <TR>
    <TD STYLE="width: 19%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 24%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 16%">&nbsp;</TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 72 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->67<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: bottom; width: 28%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Gross profit</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 16%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>6,863</B></FONT></TD>
    <TD STYLE="width: 2%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="width: 20%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>8,173 </B></FONT></TD>
    <TD STYLE="width: 1%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="width: 15%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>10,939</B></FONT></TD>
    <TD STYLE="width: 16%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2,105</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Operating expenses</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;Selling&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(2,264)</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(2,343)</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(2,004)</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(386)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;General and administrative&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(494)</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(511)</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(505)</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(97)</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;Equity in results of affiliated companies</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">136</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">126 </FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">72</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">14</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;Other expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(1,331)</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(2,407)</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(3,270)</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(629)</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;Other income </FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4,036</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">504 </FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">482</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">93</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;<B>Total </B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>83</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(4,631)</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(5,225)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(1,005)</B></FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Operating income</B>&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>6,946</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>3,542 </B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>5,714</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,100</B></FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Non-operating income (expenses), net</B>&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;Financial income </FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,311</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">379</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,803</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">347</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;Financial expenses</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(2,806)</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(2,510)</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(2,599)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(500)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(Loss) income before taxes </B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>5,451</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,411 </B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>4,918</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>946</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Income tax </B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;Current </FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(827)</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(1,564)</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(2,052)</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(395)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;Deferred&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">577</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2,398 </FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,427</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">275</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Net income (loss) for the period</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>5,201</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2,245 </B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>4,293</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>826</B></FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Net income (loss)&nbsp;attributable to noncontrolling interest</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>126</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>455 </B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>498</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>96</B></FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Net income (loss)&nbsp;attributable to Companhia Sider&uacute;rgica Nacional</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>5,075</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,789</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>3,794</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>730</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Basic earnings per common share</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3.69498</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1.29632</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2.74926</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0.00053</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;Diluted earnings per common share </FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3.69498</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1.29632</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2.74926</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0.00053</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 10pt">_______________________</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(1)</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Due to the adoption of IFRS 16 as of January 1, 2019, which we did
not apply retroactively, financial information as of and for the years ended December 31, 2019 and 2020 may not be comparable with financial
information as of and for the year ended December 31, 2018. For a description of the impact of IFRS 16 on our results of operations, see
note 16 to our audited consolidated financial statements included elsewhere in this annual report.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(2)</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Translated solely for the convenience of the reader at the rate of
R$5.197 to US$1.00, which was the U.S. dollar selling rate as of December&nbsp;31, 2020, as reported by the Central Bank.</FONT></TD></TR></TABLE>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Year 2020 Compared to Year 2019</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We maintain integrated operations in five business segments:
steel, mining, logistics, cement and energy. We manage and control the performance of our various business segments considering our proportional
interest in our jointly controlled entity, MRS, reflected in the figures presented below.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our consolidated results for the years ended December
31, 2019 and 2020 by business segment are presented below:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>R$ millions</B></P></TD>
    <TD COLSPAN="8" STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Year ended December
    31, 2019</B></P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 30%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>Consolidated Results</B></P></TD>
    <TD STYLE="width: 8%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Steel</B></P></TD>
    <TD STYLE="width: 8%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Mining</B></P></TD>
    <TD STYLE="width: 8%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Port</B></P></TD>
    <TD STYLE="width: 9%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Railway</B><SUP>(1)</SUP></P></TD>
    <TD STYLE="width: 7%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Energy</B></P></TD>
    <TD STYLE="width: 7%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Cement</B></P></TD>
    <TD STYLE="width: 11%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Corporate Expenses/
    Elimination</B></P></TD>
    <TD STYLE="width: 12%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Consolidated</B></P></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="vertical-align: bottom; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Net revenue</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-bottom: 1pt; padding-left: 7.2pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Domestic market</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">10,028</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">927</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">240</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">1,321</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">325</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">571</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(2,462)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">10,950</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DBE5F1">
    <TD STYLE="padding-bottom: 1pt; padding-left: 7.2pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Foreign market</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">3,921</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">9,101</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">1,464</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">14,486</P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Total net revenue</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>13,949</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>10,028</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>240</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>1,321</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>325</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>571</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>(998)</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>25,436</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DBE5F1">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Cost of sales and services</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(12,963)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(4,396)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(173)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(1,030)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(267)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(608)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">2,174</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(17,263)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Gross profit</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>986</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>5,631</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>67</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>291</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>59</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>(37)</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>1,176</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>8,173</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DBE5F1">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">General and administrative expenses</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(835)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(186)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(35)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(110)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(29)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(91)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(1,568)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(2,854)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Depreciation</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">700</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">476</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">31</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">388</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">17</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">140</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(330)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">1,422</FONT></TD></TR>

<TR STYLE="vertical-align: bottom; background-color: #DBE5F1">
    <TD STYLE="text-align: left; width: 30%; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Proportional EBITDA of joint venture</FONT></TD>
    <TD STYLE="text-align: right; width: 8%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; width: 8%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; width: 8%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; width: 9%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; width: 7%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; width: 7%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; width: 11%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">510</P></TD>
    <TD STYLE="text-align: right; width: 12%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">510</P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: left; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Adjusted EBITDA</B><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>851</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>5,922</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>63</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>569</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>47</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>11</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>(212)</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>7,251</B></P></TD></TR>
  </TABLE>
<!-- Field: Page; Sequence: 73 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->68<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>R$ millions</B></P></TD>
    <TD COLSPAN="8" STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Year ended December
    31, 2020</B></P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 30%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>Consolidated Results</B></P></TD>
    <TD STYLE="width: 8%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Steel</B></P></TD>
    <TD STYLE="width: 8%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Mining</B></P></TD>
    <TD STYLE="width: 8%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Port</B></P></TD>
    <TD STYLE="width: 9%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Railway</B><SUP>(1)</SUP></P></TD>
    <TD STYLE="width: 7%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Energy</B></P></TD>
    <TD STYLE="width: 7%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Cement</B></P></TD>
    <TD STYLE="width: 11%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Corporate Expenses/
    Elimination</B></P></TD>
    <TD STYLE="width: 12%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Consolidated</B></P></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="vertical-align: bottom; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Net revenue</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-bottom: 1pt; padding-left: 7.2pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Domestic market</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">11,721</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">1,533</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">256</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">1,490</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">173</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">857</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(3,144)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">12,886</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DBE5F1">
    <TD STYLE="padding-bottom: 1pt; padding-left: 7.2pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Foreign market</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">4,882</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">11,151</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">1</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">1,145</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">17,178</P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Total net revenue</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>16,603</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>12,683</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>256</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>1,490</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>173</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>858</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>(1,999)</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>30,064</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DBE5F1">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Cost of sales and services</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(14,171)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(5,532)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(188)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(1,094)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(128)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(647)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">2,635</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(19,125)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Gross profit</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>2,432</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>7,151</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>69</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>396</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>45</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>211</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>636</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>10,939</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DBE5F1">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">General and administrative expenses</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(923)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(180)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(22)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(115)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(30)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(88)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(1,151)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(2,509)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Depreciation</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">901</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">1,262</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">32</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">438</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">18</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">148</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(378)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">2,421</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DBE5F1">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Proportional EBITDA of joint venture</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">649</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">649</P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Adjusted EBITDA</B><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>2,411</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>8,234</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>78</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>719</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>32</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>271</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>(244)</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>11,500</B></P></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 18pt; text-indent: -18pt">&nbsp;</P>

<P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">_________________&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(1)</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Railway logistics in our segment break-down includes our investee
MRS, which is not consolidated in our unaudited interim consolidated financial information or our audited consolidated financial statements
and is reflected only in equity in results of affiliated companies.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(2)</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">We calculate EBITDA as net income (loss) for the period <I>plus</I>
net financial income (expenses), income tax and social contribution, depreciation and amortization and results from discontinued operations.
We calculate adjusted EBITDA as net income (loss) for the period <I>plus</I> net financial income (expenses), income tax and social contribution,
depreciation and amortization and results of discontinued operations, <I>plus</I> other operating income (expenses), equity in results
of affiliated companies and the proportionate EBITDA of joint ventures. EBITDA and adjusted EBITDA are not measures of financial performance
recognized under Brazilian GAAP or IFRS and they should not be considered alternatives to net income (loss) as measures of operating performance,
or as alternatives to operating cash flows, or as measures of liquidity. EBITDA and adjusted EBITDA are not calculated using a standard
methodology and may not be comparable to the definition of EBITDA or adjusted EBITDA, or similarly titled measures, used by other companies.</FONT></TD></TR></TABLE>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Net Operating Revenues</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Net operating revenues increased R$4,628 million, or 18.2%,
from R$25,436 million in 2019 to R$30,064 million in 2020, due to an increase in sales volume and in prices.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Net domestic operating revenues increased R$1,936 million
or 17.7%, from R$10,951 million in 2019 to R$12,886 million in 2020, and net operating revenues of exports and sales abroad increased
18.6%, from R$14,486 million in 2019 to R$17,178 million in 2020, in each case mainly due to increases in steel and realized iron ore
prices.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Steel</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Steel net operating revenues increased R$2,654 million,
or 19.0%, from R$13,949 million in 2019 to R$16,603 million in 2020, and sales volume increased 2.8%, from 4.5 million tons in 2019 to
4.6 million tons in 2020, mainly due to an increase in average steel prices, including, in the case of exports and of direct sales of
our foreign subsidiaries, which are denominated in U.S. dollars, as a result of the depreciation of the real against the U.S. dollar.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Mining</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Mining net operating revenues increased R$2,655 million,
or 26.5%, from R$10,028 million in 2019 to R$12,683 million in 2020, due to an increase in iron ore prices and the depreciation of the
<I>real</I> against the U.S. dollar, which effect was partially offset by a decrease of 19.2% in sales volume, from 38.5 million tons
in 2019 to 31.2 million tons in 2020.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Logistics</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">In 2020, net operating revenues from railway logistics
were R$1,490&nbsp;million and net operating revenues from port logistics were R$256&nbsp;million, as compared to net operating revenues
from railway logistics of R$1,321&nbsp;million and net operating revenues from port logistics of R$240&nbsp;million
in 2019. In 2020, TECON moved 154,000 containers, 457,000 tons of steel
products, 122,000 tons of general cargo and 1,435,000 tons of solid bulk, as compared to 161,000 containers, 423,000 tons of steel products,
205,000 tons of general cargo and 626,000 tons of solid bulk, as well as 1,700 vehicles, in 2019.</P>


<!-- Field: Page; Sequence: 74 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->69<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0pt 0pt 12pt"></P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Energy</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our net operating revenues from the energy segment decreased
R$152 million, or 46.8%, from R$325&nbsp;million in 2019 to R$173&nbsp;million in 2020, mainly due to a decrease in energy available for
sale as a result of an increase in our proprietary consumption and a decrease in market prices.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Cement</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our net operating revenues from the cement segment increased
R$287 million, or 50.3%, from R$571 million in 2019 to R$858 million in 2020, mainly due to higher prices and a 12.7% increase in sales
volume.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Cost of Products Sold</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Consolidated cost of products sold increased R$1,862 million,
or 10.8%, from R$17,263&nbsp;million in 2019 to R$19,125&nbsp;million in 2020, mainly due to operating costs on blast furnace no. 3 at
Volta Redonda in our steel segment and the effects of the depreciation of the <I>real</I> against the U.S. dollar on the cost of purchases
of iron ore from third parties in our mining segment, which effects were partially offset by an increase in eliminations of related party
transactions between our consolidated entities, principally as a result of exchange rate variations on transactions with CSN Minera&ccedil;&atilde;o.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Steel</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><FONT STYLE="background-color: white">Costs of products
sold attributable to our steel segment increased R$1,208 million, or 9.3%, from R$12,963 million in 2019 to R$14,171 million in 2020,
mainly due to our recording operating costs of blast furnace no. 3 at Volta Redonda as idle capacity under other expenses during its refurbishment
in 2019.</FONT></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table sets forth a breakdown of our steel
production costs in the periods presented. Except for coal and coke, which we import, and certain metals (such as aluminum, zinc and tin)
with domestic prices linked to international prices, our production costs are mostly denominated in <I>reais</I>.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD ROWSPAN="2" STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Steel Production Cost</B></FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2020</B></FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2019</B></FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Variation 2020 v. 2019</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>R$ million </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>R$/ton</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>R$ million </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>R$/ton</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>R$ million </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>R$/ton</B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 24%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B><U>Raw materials</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 15%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>6,309</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,700</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 15%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>6,664</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 10%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,795</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 15%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(354)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 10%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(95.5)</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Iron ore</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,430</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">385</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">834</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">225</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>596</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">160.5</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Coal</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">974</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">263</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,226</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">330</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(251)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(67.7)</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Coke</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,566</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">422</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,168</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">315</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>398</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">107.1</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Coils</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">557</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">150</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(554)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(149.3)</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Metals</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">637</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">171</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">583</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">157</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>54</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">14.5</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Outsourced slabs</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">154</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">41</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,253</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">338</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(1,099)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(296.1)</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Pellets</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,077</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">290</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">558</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">150</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>518</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">139.7</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Scrap</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">141</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">38</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">178</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">48</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(37)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(9.9)</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Other</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">327</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">88</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">306</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">83</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>21</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5.7</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B><U>Labor</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>930</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>251</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>990</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>267</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(60)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(16.1)</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B><U>Other production costs</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2,731</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>736</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2,623</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>707</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>108</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>29.1</B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Energy / fuel</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">964</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">260</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,114</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">300</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(150)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(40.5)</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Services and maintenance</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">396</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">107</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">423</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">114</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(27)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(7.3)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Tools and supplies</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">396</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">107</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">364</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">98</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>32</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">8.5</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Depreciation</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">637</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">172</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">443</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">119</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>194</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">52.3</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Other</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">337</P></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">91</P></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">277</P></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">75</P></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid"><B>60</B></P></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 0.5pt solid">16.1</P></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Total</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 1.5pt double"><B>9,971</B></P></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 1.5pt double"><B>2,686</B></P></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 1.5pt double"><B>10,277</B></P></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 1.5pt double"><B>2,769</B></P></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 1.5pt double"><B>(306)</B></P></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; border-bottom: Black 1.5pt double"><B>(82.4)</B></P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>


<!-- Field: Page; Sequence: 75 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->70<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Mining</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Costs of products sold attributable to our mining segment
increased R$1,136 million, or 25.9%, from R$4,396&nbsp;million in 2019 to R$5,532&nbsp;million in 2020, mainly due to the depreciation
of the <I>real</I> against the U.S. dollar, which effect increased the cost of our purchases of iron ore from third parties.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Logistics</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><FONT STYLE="background-color: white">Cost of services
attributable to our logistics segment increased R$</FONT>78 <FONT STYLE="background-color: white">million, or 6.5%, from R$1,204&nbsp;million
in 2019 to R$1,282&nbsp;million in 2020, mainly due to adjustments in fuel prices.</FONT></P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Energy</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Cost of products sold attributable to our energy segment
<FONT STYLE="background-color: white">decreased R$139 million, or 52.1%, from R$267&nbsp;million in 2019 to R$128&nbsp;million in 2020,
</FONT>mainly due to a decrease in energy available for sale as a result of an increase in our proprietary consumption<FONT STYLE="background-color: white">.</FONT></P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Cement</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Cost of products sold attributable to our cement segment
increased R$39 million, or 6.4%, from R$608 million in 2019 to R$647 million in 2020, <FONT STYLE="background-color: white">mainly due
to an increase in sales volume.</FONT></P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Gross Profit</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Gross profit increased R$2,766 million, or 33.8%, from
R$8,173 million in 2019 to R$10,939 million in 2020, due to an increase of R$4,628 million in net operating revenues, which was partially
offset by an increase of R$1,862 million in cost of products sold, as discussed above.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Steel</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Gross profit in the steel segment increased R$1,446 million,
or 146.7%, from R$986 million in 2019 to R$2,432 million in 2020, due to the reasons discussed above.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Mining</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Gross profit in the mining segment increased R$1,520&nbsp;million,
or 27.0%, from R$5,631&nbsp;million in 2019 to R$7,151&nbsp;million in 2020, due to the reasons discussed above.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Logistics</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Gross profit in the logistics segment in<FONT STYLE="background-color: white">creased
</FONT>R$107 million, or 29.9%, from R$358&nbsp;million in 2019 to R$465&nbsp;million in 2020, due to the reasons discussed above.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Energy</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Gross profit in the energy segment decreased R$14 million,
or 23.7%, from R$59&nbsp;million in 2019 to R$45 million in 2020, due to the reasons discussed above.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Cement</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Gross profit (loss) in the cement segment increased R$248
million, or 670.3%, from gross loss of R$37&nbsp;million in 2019 to gross profit of R$211&nbsp;million in 2020, due to the reasons discussed
above.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Selling, General and Administrative Expenses</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Selling, general and administrative expenses decreased
R$345 million, or 12.1%, from R$2,854 million in 2019 to R$2,509 million in 2020. Selling expenses decreased R$339 million, or 14.5%,
from R$2,343 million in 2019 to R$2,004 million in 2020, mainly due to a decrease in average freight rates. General and administrative
expenses decreased R$6 million, or 1.2%, from R$511 million in 2019 to R$505 million in 2020.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Other Operating Income (Expenses)</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Net other operating expenses increased R$885 million,
or 46.5%, from R$1,903 million in 2019 to R$2,788 million in 2020. Other operating expenses increased R$863 million, or 35.8%, from R$2,407
million in 2019 to R$3,270 million in 2020, mainly due to an increase of R$1,161 million in realization of our cash flow hedge accounting. These effects were partially offset by a decrease of R$243 million
in idle capacity, resulting from R$547 million in maintenance of blast furnace no. 3 at Volta Redonda in 2019, as compared to R$304 million
in delays in the initiation of operations in new mining fronts in 2020 and ramp-up of new dry tailings processes in the first quarter
of 2020. In addition, other operating income decreased R$22 million, from R$504 million in 2019 to R$482 million in 2020, resulting from
our recognition of R$147 million in indemnities receivable in 2020 relating to recurring failures in the supply of energy, as compared
to our recognition of R$131 million in receivables in 2019 pursuant to contractual agreements.</P>


<!-- Field: Page; Sequence: 76 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->71<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Equity in Results of Affiliated Companies</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Equity in results of affiliated companies decreased R$54
million, or 42.9%, from R$126 million in 2019 to R$72 million in 2020, mainly due to a decrease in the net income of our investees TLSA
and MRS.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Operating Income</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Operating income increased R$2,172 million, or 61.3%,
from R$3,542 million in 2019 to R$5,714 million in 2020, due to the reasons discussed above.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Financial Income (Expenses), Net</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Net financial expenses decreased R$1,335 million, or 62.6%,
from R$2,131 million in 2019 to R$796 million in 2020, mainly due to R$1,190 million in gains on our shares in Usiminas, which we recorded
as other operating income (expense) in 2019.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Income Taxes</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Income tax expense in Brazil refers to federal income
tax and social contribution. The statutory rates for these taxes applicable to the periods presented in this annual report were 25% for
federal income tax and 9% for social contribution. Adjustments are made to income in order to reach the effective tax expense or benefit
for each fiscal year. As a result, our effective tax rate is volatile among fiscal years.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">At statutory rates, we had a tax expense of R$1,672&nbsp;million
in 2020 and R$480&nbsp;million in 2019, which, in each case, represents 34% of our income before taxes. After adjustments to meet the
effective income tax rates, we recorded an income tax and social contribution expense of R$626 million in 2020, as compared to a benefit
of R$834 million in 2019. Expressed as a percentage of pre-tax income, our effective income tax rate was 13% in 2020 and (59)% in 2019.
In 2020, in order to meet the effective income tax rate, we had a positive net adjustment of R$1,047 million, mainly due to a positive
impact of R$1,540 million related to deferred income tax credits recognized in 2020, which effect was partially offset by R$520 million
in tax on the results of subsidiaries at different rates or not taxed.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For further information, see note 18.a. to our audited
consolidated financial statements included elsewhere in this annual report.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">It is not possible to predict future adjustments to federal
income tax and social contribution statutory rates, as they depend on interest on shareholders&rsquo; equity, tax incentives and non-taxable
factors, including income from offshore operations and local subsidiaries, as well tax losses from offshore operations.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Net Income for the Year</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, we recorded net income of R$4,293 million, as
compared to R$2,245 million in 2019. The increase of R$2,048 million, or 91.2%, was due to the reasons discussed above.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Year 2019 Compared to Year 2018</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our consolidated results for the years ended December
31, 2018 and 2019 by business segment are presented below:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>R$ millions</B></P></TD>
    <TD COLSPAN="8" STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Year ended December
    31, 2018</B></P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 28%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>Consolidated Results</B></P></TD>
    <TD STYLE="width: 8%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Steel</B></P></TD>
    <TD STYLE="width: 8%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Mining</B></P></TD>
    <TD STYLE="width: 8%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Port</B></P></TD>
    <TD STYLE="width: 9%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Railway</B><SUP>(1)</SUP></P></TD>
    <TD STYLE="width: 7%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Energy</B></P></TD>
    <TD STYLE="width: 7%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Cement</B></P></TD>
    <TD STYLE="width: 11%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Corporate Expenses/
    Elimination</B></P></TD>
    <TD STYLE="width: 14%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Consolidated</B></P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DBE5F1">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Net revenue</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-bottom: 1pt; padding-left: 7.2pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Domestic market</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">10,328</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">972</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">266</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">1,506</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">411</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">588</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(2,719)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">11,353</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DBE5F1">
    <TD STYLE="padding-bottom: 1pt; padding-left: 7.2pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Foreign market</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">5,306</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">5,012</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
<!-- Field: Rule-Page --><DIV STYLE="text-align: right; margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="text-align: right; font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
<!-- Field: Rule-Page --><DIV STYLE="text-align: right; margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="text-align: right; font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
<!-- Field: Rule-Page --><DIV STYLE="text-align: right; margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="text-align: right; font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
<!-- Field: Rule-Page --><DIV STYLE="text-align: right; margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="text-align: right; font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">1,297</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">11,615</P></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 77 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->72<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 28%; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Total net revenue</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>15,634</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>5,985</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>266</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>1,506</B></FONT></TD>
    <TD STYLE="width: 7%; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>411</B></FONT></TD>
    <TD STYLE="width: 7%; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>588</B></FONT></TD>
    <TD STYLE="width: 11%; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>(1,421)</B></FONT></TD>
    <TD STYLE="width: 14%; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>22,969</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DBE5F1">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Cost of sales and services</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(12,613)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(3,586)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(190)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(1,049)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(287)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(544)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">2,163</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(16,106)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Gross profit</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>3,021</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>2,399</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>76</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>457</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>124</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>44</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>742</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>6,863</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DBE5F1">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">General and administrative expenses</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(985)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(145)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(35)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(106)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(28)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(96)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(1,362)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(2,758)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Depreciation</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">609</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">367</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">20</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">259</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">17</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">115</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(213)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">1,175</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DBE5F1">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Proportional EBITDA of joint venture</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page --></TD>
    <TD STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">568</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">568</P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Adjusted EBITDA</B><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>2,645</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>2,621</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>61</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>610</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>113</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>63</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>(265)</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>5,849</B></P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>R$ millions</B></P></TD>
    <TD COLSPAN="8" STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Year ended December
    31, 2019</B></P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 27%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>Consolidated Results</B></P></TD>
    <TD STYLE="width: 8%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Steel</B></P></TD>
    <TD STYLE="width: 8%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Mining</B></P></TD>
    <TD STYLE="width: 8%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Port</B></P></TD>
    <TD STYLE="width: 10%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Railway</B><SUP>(1)</SUP></P></TD>
    <TD STYLE="width: 7%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Energy</B></P></TD>
    <TD STYLE="width: 7%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Cement</B></P></TD>
    <TD STYLE="width: 11%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Corporate Expenses/
    Elimination</B></P></TD>
    <TD STYLE="width: 14%; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="font: 9pt Times New Roman,serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 1pt solid"><B>Consolidated</B></P></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="vertical-align: bottom; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Net revenue</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-bottom: 1pt; padding-left: 7.2pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Domestic market</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">10,028</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">927</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">240</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">1,321</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">325</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">571</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(2,462)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">10,950</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DBE5F1">
    <TD STYLE="padding-bottom: 1pt; padding-left: 7.2pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Foreign market</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">3,921</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">9,101</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">1,464</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">14,486</P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Total net revenue</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>13,949</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>10,028</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>240</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>1,321</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>325</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>571</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>(998)</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>25,436</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DBE5F1">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Cost of sales and services</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(12,963)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(4,396)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(173)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(1,030)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(267)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(608)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">2,174</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(17,263)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Gross profit</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>986</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>5,631</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>67</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>291</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>59</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>(37)</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>1,176</B></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>8,173</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DBE5F1">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">General and administrative expenses</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(835)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(186)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(35)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(110)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(29)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(91)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(1,568)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(2,854)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Depreciation</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">700</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">476</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">31</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">388</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">17</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">140</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">(330)</FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">1,422</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DBE5F1">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Proportional EBITDA of joint venture</FONT></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">-</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">510</P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid">510</P></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2.15pt; padding-bottom: 1pt; padding-left: 2.15pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Adjusted EBITDA</B><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>851</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>5,922</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>63</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>569</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>47</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>11</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>(212)</B></P></TD>
    <TD STYLE="text-align: right; padding-right: 2.15pt; padding-left: 2.15pt">
    <P STYLE="text-align: right; font: 9pt Times New Roman,serif; margin: 0 0 1pt; border-bottom: Black 1pt solid"><B>7,251</B></P></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 18pt; text-indent: -18pt">&nbsp;</P>

<P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">_________________&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(1)</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Railway logistics in our segment break-down includes our investee
MRS, which is not consolidated in our unaudited interim consolidated financial information or our audited consolidated financial statements
and is reflected only in equity in results of affiliated companies.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(2)</FONT></TD><TD><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">We calculate EBITDA as net income (loss) for the period <I>plus</I>
net financial income (expenses), income tax and social contribution, depreciation and amortization and results from discontinued operations.
We calculate adjusted EBITDA as net income (loss) for the period <I>plus</I> net financial income (expenses), income tax and social contribution,
depreciation and amortization and results of discontinued operations, <I>plus</I> other operating income (expenses), equity in results
of affiliated companies and the proportionate EBITDA of joint ventures. EBITDA and adjusted EBITDA are not measures of financial performance
recognized under Brazilian GAAP or IFRS and they should not be considered alternatives to net income (loss) as measures of operating performance,
or as alternatives to operating cash flows, or as measures of liquidity. EBITDA and adjusted EBITDA are not calculated using a standard
methodology and may not be comparable to the definition of EBITDA or adjusted EBITDA, or similarly titled measures, used by other companies.</FONT></TD></TR></TABLE>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Net Operating Revenues</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Net operating revenues increased R$2,468&nbsp;million,
or 11%, from R$22,969&nbsp;million in 2018 to R$25,436&nbsp;million in 2019, mainly due to increased sales volume and iron ore prices
in the mining markets.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><FONT STYLE="background-color: white">Net domestic revenues
decreased R$403, or 4%, from R$11,353 million in 2018 to R$10,951&nbsp;million in 2019, while</FONT> net revenues of exports and sales
abroad increased 25%, from R$11,615&nbsp;million in 2018 to R$14,486&nbsp;million in 2019, driven by increased sales volume and realized
iron ore prices.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Steel</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Steel net operating revenues decreased R$1,685&nbsp;million<FONT STYLE="background-color: white">,
or 11%, from R$15,634&nbsp;million in 2018 to R$13,949&nbsp;million in 2019,</FONT> and sales volume decreased 11%, from 5.1 million tons
in 2018 to 4.5 million tons in 2019, <FONT STYLE="background-color: white">mainly due to (i) our</FONT> sale of Heartland Steel Processing,
LLC in 2018 and (ii) the slowdown of the global economy in 2019.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Mining</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Mining net operating revenues increased R$4,043 million,
or 68%, from R$5,985 million in 2018 to R$10,028 million in 2019, due to higher prices and record levels of iron ore production and sales.
Sales volume increased 11%, from 34.8 million tons in 2018 to 38.5 million tons in 2019.</P>


<!-- Field: Page; Sequence: 78 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->73<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Logistics</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2019, net operating revenues from railway logistics
were R$1,321&nbsp;million and net operating revenues from port logistics were R$240&nbsp;million, while in 2018, net operating revenues
from railway logistics were R$1,506&nbsp;million and net operating revenues from port logistics were R$266&nbsp;million. In 2019, TECON
moved 161,000 containers, 423,000 tons of steel products, 205,000 tons of general cargo, 626,000 tons of solid bulk and 1,700 vehicles,
as compared to 247,000 containers, 778,000 tons of steel products and 15,000 tons of general cargo in 2018.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Energy</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our net operating revenues from the energy segment decreased
R$85 million, or 21%, from R$411&nbsp;million in 2018 to R$325&nbsp;million in 2019, mainly due to a decrease in energy available for
sale as a result of an increase in our proprietary consumption and a decrease in market prices.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Cement</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Cement net revenue decreased R$17 million, or 3%, from
R$588 million in 2018 to R$571 million in 2019, mainly due to lower sales volume as a result of stoppages for scheduled maintenance in
2019.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Cost of Products Sold</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Consolidated cost of products sold increased R$1,158 million,
or 7%, from R$16,106 million in 2018 to R$17,263 million in 2019, mainly due to the 18.5% appreciation of the U.S. dollar against the
real in 2019 that resulted in higher raw materials prices, as well as an increase in iron ore volume sold and maintenance on our blast
furnace no. 3.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Steel</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><FONT STYLE="background-color: white">Consolidated steel
costs of products sold were R$12,963 million in 2019, representing a 3% increase as compared to R$12,613 million in 2018,</FONT> mainly
due to lower proprietary production in 2019 of materials used in steel production as a result of maintenance on our blast furnace no.
3, which resulted in purchases of these materials from third parties at higher prices.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table sets forth a breakdown of our steel
production costs in the periods presented. Except for coal and coke, which we import, and certain metals (such as aluminum, zinc and tin)
with domestic prices linked to international prices, our production costs are mostly denominated in <I>reais</I>.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD ROWSPAN="2" STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Steel Production Cost</B></FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2019</B></FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2018</B></FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Variation 2019 v. 2018</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>R$ million </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>R$/ton</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>R$ million </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>R$/ton</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>R$ million </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>R$/ton</B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 24%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B><U>Raw materials</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 15%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>6,664</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,795</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 15%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>5,414</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 10%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,364</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 15%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,250</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 10%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>430.7</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Iron ore</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">834</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">225</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">881</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">222</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(46)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2.9</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Coal</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,226</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">330</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,508</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">380</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(282)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(49.8)</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Coke</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,168</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">315</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,291</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">325</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(123)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(10.7)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Coils</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">557</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">150</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">557</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">150.2</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Metals</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">583</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">157</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">788</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">199</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(74)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(8.5)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Outsourced slabs</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,253</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">338</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">30</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">8</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,222</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">329.8</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Pellets</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">558</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">150</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">467</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">118</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">91</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">32.6</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Scrap</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">178</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">48</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">225</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">57</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(48)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(8.9)</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Other</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">306</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">83</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">223</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">56</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(48)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(6.8)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B><U>Labor</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>990</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>267</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>912</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>230</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>78</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>36.9</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B><U>Other production costs</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2,623</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>707</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2,618</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>659</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>4</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>46.5</B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Energy / fuel</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,114</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">300</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,179</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">297</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">196</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">68.8</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Services and maintenance</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">423</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">114</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">638</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">161</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(320)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(73.2)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Tools and supplies</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">364</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">98</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">354</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">89</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">10</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">9.0</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Depreciation</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">443</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">119</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">390</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">98</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">53</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">21.0</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Other</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">277</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">75</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">57</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">14</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">64</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">20.9</FONT></TD></TR>

<TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; width: 24%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Total</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 15%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>10,277</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2,769</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 15%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>8,944</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 10%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2,253</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 15%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,331</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 10%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>514.1</B></FONT></TD></TR>
  </TABLE>
<!-- Field: Page; Sequence: 79 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->74<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Mining</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our mining costs of products sold increased R$811 million,
or 23%, from R$3,586&nbsp;million in 2018 to R$4,396&nbsp;million in 2019, mainly due to an increase in sales volume.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Logistics</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><FONT STYLE="background-color: white">Cost of services
attributable to our logistics segment decreased R$36 million, or 3%, from R$1,239&nbsp;million in 2018 to R$1,204&nbsp;million in 2019,
mainly due to adjustments in fuel prices.</FONT></P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Energy</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Cost of products sold attributable to our energy segment
<FONT STYLE="background-color: white">decreased R$20 million, or 7%, from R$287&nbsp;million in 2018 to R$267&nbsp;million in 2019, </FONT>mainly
due to a decrease in energy available for sale as a result of an increase in our proprietary consumption<FONT STYLE="background-color: white">.</FONT></P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Cement</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Cost of products sold attributable to our cement segment
increased R$63 million, or 12%, from R$544 million in 2018 to R$608 million in 2019, mainly due to an increase in the volume of slag purchased
upon resuming operations of our blast furnace no. 3.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Gross Profit</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Gross profit increased R$1,310 million, or 19%, from R$6,863
million in 2018 to R$8,173 million in 2019, due to an increase of R$2,468 million in net revenues, which was partially offset by an increase
of R$1,158 million in cost of products sold, as discussed above.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Steel</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Gross profit in the steel segment decreased R$2,035 million,
or 67%, from R$3,021 million in 2018 to R$986 million in 2019, due to the reasons discussed above.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Mining</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Gross profit in the mining segment increased R$3,232&nbsp;million,
or 135%, from R$2,399&nbsp;million in 2017 to R$5,631&nbsp;million in 2019, due to the reasons discussed above.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Logistics</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Gross profit in the logistics segment <FONT STYLE="background-color: white">decreased
</FONT>R$175 million, or 33%, from R$533&nbsp;million in 2018 to R$358&nbsp;million in 2019, due to the reasons discussed above.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Energy</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Gross profit in the energy segment decreased R$65 million,
or 53%, from R$124&nbsp;million in 2018 to R$59 million in 2019, due to the reasons discussed above.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Cement</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Gross profit (loss) in the cement segment decreased R$81
million, or 184%, from gross profit of R$44&nbsp;million in 2018 to gross loss of R$37&nbsp;million in 2019, due to the reasons discussed
above.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Selling, General and Administrative Expenses</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Selling, general and administrative expenses increased
R$96 million, or 4%, from R$2,758 million in 2018 to R$2,854 million in 2019. Selling expenses increased R$79 million, or 4%, from R$2,264
million in 2018 to R$2,343 million in 2019, mainly due to an increase in average freight rates. General and administrative expenses increased
R$17 million, or 3%, from R$494 million in 2018 to R$511 million in 2019.</P>


<!-- Field: Page; Sequence: 80 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->75<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Other Operating Income (Expenses)</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Other operating income (expenses) decreased R$4,608 million
from net other operating income of R$2,705 million in 2018 to net other operating expense of R$1,903 million in 2019.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Other operating income decreased R$3,532 million, from
R$4,036 million in 2018 to R$504 million in 2019, mainly due to the following events in 2018: (i) from other comprehensive income of the
accumulated gain of R$1,656 million generated from Usiminas shares, which we measured at fair value through profit or loss upon adoption
of IFRS 9 as of January 1, 2018, (ii) R$1,164 million recognized from the sale of Heartland Steel Processing, LLC in June 2018 and (iii)
recognition of tax credits from the PIS and COFINS calculation basis of prior years in the amount of R$1,102 million in 2018 as compared
to R$124 million in 2019, which tax credits we recognized as other operating income with a corresponding monetary correction as financial
income.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Other operating expenses increased R$1,076 million, from
R$1,331 million in 2018 to R$2,407 million in 2019, mainly due to the realization of our cash flow hedge accounting in the amount of R$790
million in 2019 and the classification of operating idleness in the amount of R$547 million in 2019 due to maintenance on our blast furnace
no. 3.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Equity in Results of Affiliated Companies</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Equity in results of affiliated companies decreased R$10
million, or 7%, from R$136 million in 2018 to R$126 million in 2019, mainly due to a decrease in the results of TLSA and MRS.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Operating Income</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Operating income decreased R$3,405 million, or 49%, from
R$6,947 million in 2018 to R$3,542 million in 2019, due to the reasons discussed above.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Financial Income (Expenses), Net</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Financial income (expenses) generated net financial expenses
of R$2,131 million in 2019, as compared to net financial expenses of R$1,496 million in 2018, representing an increase in net financial
expenses of R$635 million, mainly due to (i) recognition of monetary adjustment applicable on tax credits of PIS and COFINS of R$1,134
million in 2018 as compared to R$206 million in 2019, because we had overpaid PIS and COFINS since 2001 due to the inclusion of value-added
tax in their bases of calculation for which we filed a tax claim and obtained a favorable judgment in 2018; (ii) R$120 million in interest
incurred in 2019 on prepayments for sales of iron ore to be delivered over the course of five years; (iii) R$72 million in premiums paid
in our repurchases of outstanding notes in 2019; and (iv) financial income of R$72 million in 2018 related to present value adjustments
on accrued environmental liabilities, which we did not have in 2019. These effects were partially offset by fluctuation of the U.S. dollar/<I>real</I>
exchange rate, which generated a foreign exchange gain of R$53 million in 2019 as compared to a foreign exchange loss of R$534 million
in 2018.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Income Taxes</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Income tax expense in Brazil refers to federal income
tax and social contribution. The statutory rates for these taxes applicable to the periods presented in this annual report were 25% for
federal income tax and 9% for social contribution. Adjustments are made to income in order to reach the effective tax expense or benefit
for each fiscal year. As a result, our effective tax rate between fiscal years is volatile.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">At statutory rates, we had a tax expense of R$480&nbsp;million
in 2019 and R$1,853&nbsp;million in 2018, which represents 34% of our income before taxes. After adjustments to meet the effective rates,
we recorded income for income tax and social contribution of R$834 million in 2019, as compared to an expense of R$250 million in 2018.
Expressed as a percentage of pretax income, our effective income tax rate was 5% in 2018 and (59)% in 2019. In 2019, adjustments to meet
the effective income tax rate amounted to income of R$1,313 million, mainly due to a positive impact of R$1,530 million related to deferred
income tax credits recognized in the year, which was partially offset by R$236 million in tax on the results of subsidiaries at different
rates or not taxed.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For further information, see note 14.a. to our audited
consolidated financial statements included elsewhere in this annual report.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">It is not possible to predict future adjustments to federal
income tax and social contribution statutory rates, as they depend on interest on shareholders&rsquo; equity, tax incentives and non-taxable
factors, including income from offshore operations and tax losses from offshore operations.</P>


<!-- Field: Page; Sequence: 81 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->76<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Net Income (Loss) for the Year</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2019, we recorded net income of R$2,245 million, as
compared to R$5,201 million in 2018. The decrease of R$2,956 million was due to the reasons discussed above.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_073"></A><FONT STYLE="font-family: Times New Roman,serif; background-color: white">5B</FONT>.
Liquidity and Capital Resources</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Overview</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our main uses of funds are capital expenditures and debt
repayments. We have historically met these requirements with cash generated by our operating activities and through the issuance of short
and long-term debt instruments. In 2020, we met our cash needs primarily through a combination of operating cash flow, cash and cash equivalents
on hand and newly issued long-term debt instruments in order to repay the portion of our total debt maturing in 2020.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, we periodically review acquisition and investment
opportunities and, if a suitable opportunity arises, we conduct selected acquisitions and investments to implement our business strategy.
We generally make our investments directly or through subsidiaries, jointly controlled entities or affiliated companies, and fund these
investments through internally generated funds, the issuance of debt or a combination of these.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Sources of Funds and
Working Capital</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Cash Flows</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Cash and cash equivalents increased R$8,856 million in
2020, compared to a decrease of R$1,159 million in 2019.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Operating Activities</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Cash provided by operating activities was R$4,872 million
in 2019 and R$9,577 million in 2020. The increase of R$4,705 million in cash provided by operating activities was mainly due to an increase
of R$3,626 million in net income adjusted by certain reconciling items that do not represent cash receipts or disbursements, such as depreciation
and amortization expenses, deferred income taxes, foreign exchange variations and changes in the fair value of our Usiminas shares, as
well as net changes in certain operating assets and liabilities, such as increases of R$974 million in inventories, R$852 million in taxes
recoverable, R$814 million in suppliers and R$1,374 million in taxes payable, which effects were partially offset by decreases of R$518
million in accounts receivable and R$2,535 million in advances from customers, as well as R$300 million in cash settlement of our derivative
instruments related to the Platts Iron Ore Index (62% Fe CFR China).</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Investing Activities</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Cash used in investing activities was R$2,236 million
in 2019 and R$1,864 million in 2020. The decrease of R$372 million in cash used in investing activities was mainly due to a decrease of
R$533 million in capital expenditures, from R$2,216 million in 2019 to R$1,683 million in 2020, which effects were partially offset by
a R$250 million decrease in financial investments, net of withdrawals.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Financing Activities</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Cash used in financing activities was R$3,789 million
in 2019 and cash provided by financing activities was R$1,185 million in 2020. The increase of R$4,974&nbsp;million in our cash provided
by financing activities was mainly due to (i) a decrease of R$5,326 million in payments on our outstanding debt, from R$11,775 million
in 2019 to R$6,449 million in 2020, and (ii) a decrease of R$1,611 million in payment of dividends, from R$1,920 million in 2019 to R$309
million in 2020. These effects were partially offset by a decrease of R$1,983 million in new borrowings, from R$10,069 million in 2019
to R$8,086 million in 2020.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Trade Accounts Receivable Turnover
Ratio</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our trade accounts receivable turnover ratio, which is
the ratio between our trade accounts receivable and our net operating revenues, measured in days of sales, was 27 days, 25 days and 23
days as of&nbsp;December 31, 2018, 2019 and 2020.</P>


<!-- Field: Page; Sequence: 82 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->77<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Inventory Turnover Ratio</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our inventory turnover ratio, which we measure by dividing
our inventories by our annualized cost of products sold, measured in days of cost of products sold, was 99 days, 92 days and 64 days as
of December 31, 2018, 2019&nbsp;and 2020, respectively.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Trade Accounts Payable Turnover Ratio</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our trade accounts payable turnover ratio, which we measure
by dividing our trade accounts payable by our cost of products sold, measured in days of cost of products sold, was 78 days, 84 days and
94 days as of December 31, 2018, 2019&nbsp;and 2020, respectively. This extension in payment terms reflects our renegotiation of commercial
terms with our suppliers and contractors.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Liquidity Management</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Given the capital intensive and cyclical nature of our
industry and the generally volatile Brazilian macroeconomic environment, we retain cash on hand to run our operations and to meet our
short-term financial obligations.&nbsp;As of December 31, 2020, cash and cash equivalents were R$9,945 million, as compared to R$1,089
million as of December 31, 2019 and R$2,248 million as of December 31, 2018.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As of December 31, 2020, our short-term and long-term
indebtedness accounted for 11.7% and 88.3%, respectively, of our total debt, and the average life of our existing debt was equivalent
to approximately 42 months, not considering our perpetual bonds issued in September&nbsp;2010.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Capital Expenditures and Investments</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, we had capital expenditures and investments of
R$1,698 million, mainly as follows:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>R$848 million in our steel segment: productivity and modernization projects to improve performance, including major repairs on our
blast furnace no. 2, coke battery revamp, automation and efficiency improvements, maintenance and spare parts in all our steel facilities.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>R$710 million in our mining segment: projects in iron ore beneficiation to increase iron recovery, quality, reduce reliance on dams
and turn part of waste into product; renewal of mine equipment fleet, maintenance and safety measures on our tailings dams; sustainability,
maintenance and spare parts in all our mining facilities and ports.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>R$76 million in our cement segment: sustaining projects in our Volta Redonda and Arcos plants.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Due to measures we adopted in 2020 to preserve cash in
light of the uncertainty generated by the COVID-19 global pandemic, we prioritized the conclusion of our main ongoing projects, maintenance
investments for our operations and investments to comply with environmental and safety requirements.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Debt and Derivative Instruments</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As of December 31, 2020 and 2019, our total debt (composed
of current and non-current portions of borrowings and financings) was R$35,270.7 million and R$27,967.0 million (including transactions
costs), respectively, which represents 313.5% and 246.1% of shareholders&rsquo; equity as of December 31, 2020 and 2019, respectively.
As of December 31, 2020, our short-term debt (composed of current borrowings and financings, which includes the current portion of long-term
debt) was R$4,126.5 million and our long-term debt (composed of non-current borrowings and financings) was R$31,144.2 million.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As of December&nbsp;31, 2020, approximately 28.3% of our
debt was denominated in <I>reais&nbsp;</I>and substantially all of the remaining balance was denominated in U.S. dollars.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our policy is to protect ourselves against foreign exchange
losses and interest rate losses on our debt, which we do through hedge accounting.</P>



<!-- Field: Page; Sequence: 83 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->78<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table sets forth our borrowings, financing
and debentures, which we record at amortized cost:</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>As of December 31, 2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; width: 62%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 1%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 18%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Current liabilities</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 1%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 18%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Non-current liabilities</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(<I>in thousands of R$</I>)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Debt agreements in the international market</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Variable interest:</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>US$</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Prepayment</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,119,558&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,457,105&nbsp;</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Fixed interest:</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>US$</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Bonds, Perpetual Bonds and ACC<B><SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">426,676</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">19,898,213</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>EUR</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Others</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">326,970</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">143,503</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,873,204</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>12,888,686</B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Debt agreements in Brazil</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Securities with variable interest in:</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>R$</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">BNDES/FINAME, Debentures, NCE and CCB</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2,282,279</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">7,716,307</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Total borrowings and financing </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>4,155,483</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>31,215,128</B></FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Transaction costs and issue premiums</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(29,030)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(70,928)</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Total borrowings and financing + transaction costs</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 2.25pt double; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>4,126,453</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 2.25pt double; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>31,144,200</B></FONT></TD></TR>
  </TABLE>

<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For more information, see notes 13 and 14 to our audited
consolidated financial statements included elsewhere in this annual report.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Debt Maturity Profile</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In January 2020, we issued US$1.0 billion in aggregate
principal amount of 6.750% notes due 2028, part of which proceeds we used to repurchase US$263.0 million in aggregate principal amount
of 6.50% notes due 2020 issued by our Luxembourg financing subsidiary CSN Inova Ventures (formerly CSN Resources S.A.) and guaranteed
by us. In July 2020, the remaining US$170.6 million in aggregate principal amount of such notes matured.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In April 2020, we extended the maturity of R$1.3 billion
in financing with Banco do Brasil S.A., originally scheduled for May 2020 to March 2021, to 2022.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In June 2020, we extended the maturity of R$300.0 million
in financing with Caixa Econ&ocirc;mica Federal S.A., originally scheduled for June and September 2020, to 2021 and 2024, respectively.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In October 2020, we issued US$300.0 million in aggregate
principal amount of additional 6.750% notes due 2028.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, in 2020, we also extended to 2022 the maturities
of R$618.0 million in financings with other financial institutions, originally scheduled for 2020, to 2022.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following chart sets forth our debt maturity profile
as of December 31, 2020:</P>

<P STYLE="text-align: center; font: 11pt Calibri,sans-serif; margin-top: 0; margin-bottom: 12pt"><IMG SRC="sidform20f2020_004.jpg" ALT=""></P>

<P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: justify">_________________&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 12pt 18pt; text-indent: -18pt">* Does not consider accrued interest, transaction
costs or premiums on issuance.</P>



<!-- Field: Page; Sequence: 84 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->79<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table sets forth the maturity profile of
our long-term debt as of December&nbsp;31, 2020, gross of transaction costs and premiums on issuance:</P>


<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 35%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif; text-align: center"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B><U>Maturity</U></B></FONT></TD>
    <TD STYLE="width: 28%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B><U>&nbsp;</U></B></FONT></TD>
    <TD STYLE="width: 37%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif; text-align: center"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B><U>Principal Amount </U></B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><I>(in thousands of R$)</I></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(217,225,242)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2021</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">4,155,483</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2022</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">5,542,647</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(217,225,242)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2023</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">8,603,471</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2024</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1,416,308</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(217,225,242)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2025</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">68,595 </FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2026</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">3,186,608</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(217,225,242)">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>After 2026</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">7,200,799</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: White">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Perpetual bonds</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; color: #2F5496; border-bottom: Black 1.5pt double">5,196,700</P></TD></TR>
  <TR STYLE="vertical-align: top; background-color: rgb(217,225,242)">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>35,370,611</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For information on our debt reprofiling initiatives in
the first quarter of 2021, see &ldquo;Item 4. Information on the Company&mdash;4A. History and Development of the Company&mdash;Recent
Developments&mdash;Debt Reprofiling.&rdquo;</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_019"></A><FONT STYLE="background-color: white">5C</FONT>. Research and Development
and Innovation</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We have over 70 years of experience in research, development
and innovation and were the first Brazilian steelmaker to produce tinplate, coated and pre-painted steel.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We aim to provide an innovative approach to our operations
in each of our business segments and our team CSN Inova and our Research and Development Center, or R&amp;D Center, are entirely dedicated
to providing innovative solutions.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Established in 2018, our team CSN Inova is responsible
for leading and disseminating our innovation strategy and processes throughout our business segments by presenting new methodologies to
address the challenges we face, leading our digital developments and searching for new business development opportunities. In addition,
our wholly owned subsidiary CSN Inova Ventures initiated its venture capital operations in 2020, focused primarily in investing in start-ups
and other companies dedicated to providing innovative solutions that can serve us and our businesses.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our R&amp;D Center, located in Volta Redonda, counts with
our highly qualified product development management team to develop new products to increase our competitiveness. This team seeks to optimize
our product mix and to expand our product portfolio in order to gain market share across our different business segments, as well as to
implement new technologies for our production processes. For the automotive sector, for example, we are working on the development of
third generation Advanced High Strength Steels (AHSS), including Multi Phase and Press Hardening Steel.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our R&amp;D Center comprises 17 laboratories that conduct
analysis related to the chemical, mechanical and metallurgical characteristics if our products, with advanced equipment such as a SEM
(Scanning Electron Microscopy), a VIM (Vacuum Induction Furnace) and a Gleeble 3500 type Thermo-Mechanical Processor to improve our product
development and processes. We also have a laboratory dedicated to environmental monitoring, which is certified by the Brazilian government,
as well as a modern installation with state-of-the-art tools for numerical simulation, which we use to evaluate and optimize our production
processes and to develop and test our products without the need for expensive and time-consuming physical tests. In addition, we have
a virtual reality room that we also use to develop and test our products and to evaluate their safety, aesthetic and ergonomic characteristics.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><FONT STYLE="background-color: white"><A NAME="a_020"></A>5D.&nbsp;Trend Information</FONT></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The COVID-19 pandemic significantly affected the global
economy in 2020, including in Brazil and our main export markets. While our operations, principally in our steel segment, were affected
in the first half of 2020 by developments relating to the pandemic, we have adapted to measures imposed by Brazilian authorities to contain
the spread of COVID-19. While the full effects of developments relating to the COVID-19 pandemic on the global economy, the industries
in which we operate and our operations remain uncertain, we have not identified risks to our continuity of operations and have substantially
maintained our operating assumptions unchanged. As of the date of this annual report, we generally expect a positive trend in the demand
environment in 2021 as the global economy recovers from the economic crisis resulting from the pandemic and, consequently, a plateau in
global steel prices and iron ore prices, which had a steep increase in 2020. For more information, see &ldquo;Item 3. Key Information&mdash;3D.
Risk Factors&mdash;Risks Relating to Us and the Industries in Which We Operate&mdash;The outbreak of communicable diseases such as the
ongoing COVID-19 global pandemic may affect investment sentiment, cause operational disruptions and result in sporadic volatility in global
markets.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For information on trends in the steel and mining markets,
see &ldquo;&mdash;5A. Operating Results&mdash;Overview&mdash;Steel Market&rdquo; and &ldquo;&mdash;5A. Operating Results&mdash;Overview&mdash;Mining
Market.&rdquo;</P>


<!-- Field: Page; Sequence: 85 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->80<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_021"></A><FONT STYLE="font-family: Times New Roman,serif; background-color: white">5E</FONT>.

Off-Balance Sheet Arrangements</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition to the debt that is reflected on our balance
sheet, we have the following guarantees of debt of other companies and &ldquo;take-or-pay&rdquo; contractual obligations:</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Guarantees of Debt</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We guarantee 100% of the loans granted by BNDES and Banco
do Nordeste/FNE to TLSA and 50.97% of the debentures held by FDNE and issued by TLSA. The aggregate principal amount outstanding under
the loans and debentures guaranteed by us as of December 31, 2020 was R$2,279 million.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Under the TLSA Investment Agreement we and our partners,
Valec and FDNE, agreed on a budget of R$7.5 billion to complete the construction of Northeastern Railway System II. A revised budget of
approximately R$13.2 billion is under review and up for approval by ANTT. If the construction of Northeastern Railway System II requires
funds in addition to the budget, they will be provided by us or third parties under trackage right agreements.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">&ldquo;Take-or-Pay&rdquo;
Contractual Obligations</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Payments in the period</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 29%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Type of service</B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 8%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2019</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 8%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2020</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 9%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2021</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 8%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2022</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 8%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2023</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 8%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>After 2023</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 8%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Transportation of iron ore, coal, coke, steel products, cement and mining products</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,555</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">947</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,195</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,196</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,196</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,476</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">7,062</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Supply of power, natural gas, oxygen, nitrogen, argon and iron ore pellets</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">959</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1,044</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">674</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">29</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">25</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">191</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">919</FONT></TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Processing of slag generated during pig iron and steel production</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">56</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">76</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">13</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">9</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">25</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Manufacturing, repair, recovery and production of ingot casting machine units</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">6</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">8</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0</FONT></TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Oil storage and handling</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Labor and consultancy services</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">27</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">32</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">28</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">27</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">27</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">192</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">275</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: justify; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2,604</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>2,109</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,913</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,262</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>1,252</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>3,860</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>8,287</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Transportation of Iron Ore, Coal,
Coke, Steel Products, Cement and Mining Products</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">MRS</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Following is a description of our take-or-pay contractual
obligations under our outstanding agreements with MRS:</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Transportation of Iron Ore, Coal and
Coke to Volta Redonda</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, the volume set for iron ore and pellets was 6.4
mkt and the volume set for coal, coke and other smelter products was 3.0 mkt, with a guarantee of payment of at least 85% of forecast
annual revenue.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Transportation of Iron Ore for Export
from Itagua&iacute;</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020, the volume set for iron ore was 41.5 mkt, with
a guarantee of payment of at least 85%.&nbsp;We may increase by up to 10% or decrease by up to 15% the volume set in the agreement every
year, considering the volume informed in the previous year.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Transportation of Steel Products</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><FONT STYLE="background-color: white">In 2020, the volume
set for steel products was 1.8 mkt, </FONT>with a guarantee of payment of at least 80%. <FONT STYLE="background-color: white">The agreement
covers the transportation of steel products from the Presidente Vargas Steelworks to third party terminals and customers.</FONT></P>


<!-- Field: Page; Sequence: 86 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->81<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Cement Transportation&nbsp;</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">This agreement covers transportation of bagged cement
from the <FONT STYLE="background-color: white">cement plant at Presidente Vargas</FONT> to our terminals. In 2020, the volume set was
633.6 kt, with a guarantee of payment of at least 80%.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Ferrovia Centro Atl&acirc;ntica</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Following is a description of our take-or-pay contractual
obligations under our outstanding agreements with Ferrovia Centro Atl&acirc;ntica:</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Transportation of Clinker</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">This agreement covers transportation of clinker products
from the city of Arcos to the city of Volta Redonda.&nbsp;In 2020, the volume set was 660 kt, with a guarantee of payment of at least
90%.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white"><U>Transportation of Limestone</U></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">This agreement covers transportation of limestone from
the city of Arcos to the city of Volta Redonda. In 2020, the volume set for limestone was 1.8 mkt, with 70% of performance volume guarantee.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The calculation of &ldquo;take-or-pay&rdquo; contracts
with Ferrovia Centro Atl&acirc;ntica considers the total volume performed in clinker and limestone contracts, regardless of the percentage
transported of each.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Supply of Power, Natural Gas, Oxygen,
Nitrogen, Hydrogen, Argon and Iron Ore Pellets</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We also consume significant amounts of oxygen, nitrogen,
hydrogen, argon and other gases at the Presidente Vargas Steelworks. These gases are supplied by a third party under a long-term contract
from its gas production facilities located on the Presidente Vargas Steelworks site. To secure gas supply (oxygen, nitrogen and argon),
in 1994, we signed a 22-year &ldquo;take-or-pay&rdquo; agreement with White Martins under which we are committed to acquire at least 90%
of the gas volume guaranteed in the&nbsp;contract. Under the terms of the agreement, we are not required to advance funds raised against
future processing charges if White Martins is unable to meet its financial obligations. Although the original term of the agreement ended
in November 2016, White Martins continues to supply gas while we negotiate a new agreement.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_022"></A>5F. Tabular Disclosure of Contractual Obligations</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table presents our long-term contractual
obligations as of December&nbsp;31, 2020:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="5" STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Payment due by period </B></FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="5" STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><I>(in millions of R$)</I></FONT></TD></TR>
  <TR>
    <TD STYLE="width: 40%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="width: 12%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="width: 12%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="width: 12%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="width: 12%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="width: 12%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B><U>Contractual Obligations </U></B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Less than</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>More than</B>&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Total</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>1 year</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>1-3 years</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>3-5 years</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>5 years</B></FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Long-term accrued finance charges<SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">14,111</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1,392</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2,140</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1,298</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">9,281</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Taxes payable in installments </B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">205</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">45</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">88</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">71</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Long-term debt<SUP>(2)</SUP></B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">31,144</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">5,522</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">9,980</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">3,246</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">12,396</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>&ldquo;Take-or-pay&rdquo; contracts </B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">8,287</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1,913</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2,514</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2,495</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1,365</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Derivatives swap agreements<SUP>(3)</SUP></B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">97</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">- </FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">- </FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">97</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">- </FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Leasing agreements<SUP>(4)</SUP></B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">530,131</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">93,626</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">143,227</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">115,398</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">177,880</FONT></TD></TR>
  <TR>
    <TD COLSPAN="6" STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B><U>Purchase Obligations</U></B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>&nbsp;Raw materials<SUP>(5)</SUP></B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">10,441</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">7,641</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1,877</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">923</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">&nbsp;&nbsp;- </FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>&nbsp;Maintenance<SUP>(6)</SUP></B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">606</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">474</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">126</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">6</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">- </FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>&nbsp;Utilities/fuel<SUP>(7)</SUP></B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1,459</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1,058</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">377</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">24</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-&nbsp;</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>&nbsp;Total </B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>12,506</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>9,173</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2,380</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>953</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>-</B></FONT><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 18pt; text-indent: -18pt">&nbsp;</P>


<!-- Field: Page; Sequence: 87 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->82<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(1)</TD><TD>These accrued finance charges refer to the cash outflow related to the contractual interest expense of our long-term debt and were
calculated using the contractual interest rates taken forward to the maturity dates of each contract.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(2)</TD><TD>These amounts were presented net of transaction costs and issue premiums.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(3)</TD><TD>Derivative swap agreements were calculated based on market prices as of December 31, 2020.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(4)</TD><TD>Refers to leasing agreements, including variable payments that are in practice fixed when based on minimum performance and contractually
fixed rates.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(5)</TD><TD>Refers mainly to purchases of coal, tin, aluminum and zinc, which comprise part of the raw materials for steel manufacturing and take-or-pay
contracts.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(6)</TD><TD>We have outstanding contracts with several contractors in order to maintain our plants in good operating conditions; due to the strong
demand for specialized maintenance service, the term of some of these contracts is for more than one year.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(7)</TD><TD>Refers mainly to natural gas, power supply and cryogenics, which are provided by limited suppliers; and with some of which we maintain
long-term contracts.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_023"></A>5G. Safe Harbor</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">See &ldquo;Forward-Looking Statements.&rdquo;</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><A NAME="a_024"></A><FONT STYLE="font-family: Times New Roman,serif; color: windowtext; background-color: white">Item
6</FONT>. Directors, Senior Management and Employees</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_025"></A>6A. Directors and Senior Management</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">General</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are managed by our board of directors (<I>conselho
de administra&ccedil;&atilde;o</I>), which consists of up to eleven members, and our board of executive officers (<I>diretoria executiva</I>),
which consists of two to nine executive officers (one of whom is the chief executive officer). In accordance with our bylaws (<I>estatuto
social</I>), each director is elected for a term of two years by our shareholders at an annual shareholders&rsquo; meeting. Our bylaws
require our employees to be represented by one director on the board of directors. The members of our board of executive officers are
appointed by our board of directors for a two-year term.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our board of directors is responsible for setting general
guidelines and policies for our business and our board of executive officers is responsible for the implementation of such guidelines
and policies and for our day-to-day operations. As of the date of this annual report, our board of directors comprises one chairman and
four members, and our board of executive officers comprises our chief executive officer and three executive officers.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our board of directors holds at least six ordinary meetings
per year and extraordinary meetings whenever necessary.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our directors and executive officers as of the date of
this annual report are:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Name </B></FONT></TD>
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Position </B></FONT></TD>
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Age<SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>First Elected on </B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Last Elected on </B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B><I>Board of Directors</I></B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Benjamin Steinbruch&nbsp;</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Chairman&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">67</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">April&nbsp;23, 1993&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">April 26, 2019</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; width: 33%; background-color: #D0DBF0; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Fabiam Franklin</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 23%; background-color: #D0DBF0; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Member&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; width: 8%; background-color: #D0DBF0; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">53</FONT></TD>
    <TD STYLE="vertical-align: top; width: 17%; background-color: #D0DBF0; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">April 28, 2016&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; width: 14%; background-color: #D0DBF0; padding-right: -27.6pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">April 26, 2019</FONT></TD>
    <TD STYLE="padding-bottom: 10pt; width: 5%; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Yoshiaki Nakano&nbsp;</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Member&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">76</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">April&nbsp;29, 2004&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">April 26, 2019</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Antonio Bernardo Vieira Maia</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Member</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">61</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">April 30, 2013</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">April 26, 2019</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Miguel Ethel Sobrinho</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Member</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">74</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">April 26, 2019</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">April 26, 2019</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B><I>Board of Executive Officers</I></B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Benjamin Steinbruch&nbsp;</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Chief Executive Officer&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">67</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">April&nbsp;30, 2002&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">September 25, 2019</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Marcelo Cunha Ribeiro</B></FONT></TD>
    <TD STYLE="padding-left: 9.55pt; text-indent: -9pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Chief Financial and Investor Relations Officer</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">43</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">September 29, 2017</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">September 25, 2019</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>David Moise Salama</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Executive Officer</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">54</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">August 2, 2011</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">September 25, 2019</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Luis Fernando Barbosa Martinez</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Executive Officer</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">57</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">August 2, 2011</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">September 25, 2019</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Eduardo Guardiano Leme Gotilla</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Executive Officer</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">40</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">February 2, 2021</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">February 2, 2021</FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">_______________________</TD><TD></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(1)</TD><TD>Age as of the date of this annual report.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The next election for our board of directors is expected
to take place in April 2021. The next election for our board of executive officers is expected to take place in September 2021.</P>


<!-- Field: Page; Sequence: 88 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->83<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Board of Directors</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Following is a brief biography of the members of our board
of directors:</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>Benjamin Steinbruch</I>. Mr. Steinbruch has been a
member of our board of directors since April 1993 and has held the position of chairman since April 1995 and of chief executive officer
since April 2002. He is in charge of our mining, railways and institutional strategy. He is chairman of the board of directors of CSN
Minera&ccedil;&atilde;o (controlled by us), and chairman of the deliberative council of the CSN Foundation. He also holds the position
of chairman of the board of directors of Text&iacute;lia S.A., or Text&iacute;lia, Fibra Cia. Securitizadora de Cr&eacute;ditos Imobili&aacute;rios,
Elizabeth S.A. &ndash; Ind&uacute;stria T&ecirc;xtil and Vicunha Steel S.A., or Vicunha Steel, and of vice chairman of the board of directors
of Vicunha A&ccedil;os S.A., or Vicunha A&ccedil;os; he is member of the board of directors of Vicunha Participa&ccedil;&otilde;es S.A.
and, officer of Rio Purus Participa&ccedil;&otilde;es S.A., Rio Iaco Participa&ccedil;&otilde;es S.A., or Rio Iaco Participa&ccedil;&otilde;es,
and administrator of Fazenda Alvorada de Bragan&ccedil;a Agro-Pastoril Ltda. (all these companies belong to our controlling group). He
has been chairman of the board of directors of the Jockey Club of S&atilde;o Paulo since 2017, member of the Board of Economic and Social
Development since 2014, member of the Administrative Board of the Portuguese Chamber and member of the Interinstitutional Advisory Board
of the Superior Court of the state of S&atilde;o Paulo. In the past five years, he has served as first vice president of the Federation
of Industries of the state of S&atilde;o Paulo (<I>Federa&ccedil;&atilde;o das Ind&uacute;strias do Estado de S&atilde;o Paulo</I>), or
FIESP, member of FIESP&rsquo;s Superior Strategic Board, advisor to the Robert Simonsen Institute, chairman of the board of directors
of Nacional Min&eacute;rios S.A. (merged into CSN Minera&ccedil;&atilde;o in 2015), TLSA and FTL and administrator of Haras Phillipson
Ltda. (dissolved in November 2017). Mr. Steinbruch graduated from the Funda&ccedil;&atilde;o Getulio Vargas &ndash; FGV/SP Business School
and specialized in marketing and finance also at Funda&ccedil;&atilde;o Getulio Vargas &ndash; FGV/SP.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>Fabiam Franklin</I>. Mr. Franklin has, since April
2016, been a member of our board of directors and chairman of the Advisory Council of CSN&rsquo;s Stock Investment Fund (<I>CSN Invest
Fundo de Investimentos em A&ccedil;&otilde;es</I>). He was a member of the board of directors of the Brazilian Association of Metallurgy
and Mining (<I>Associa&ccedil;&atilde;o Brasileira de Metalurgia, Materiais e Minera&ccedil;&atilde;o</I>) from 2015 to 2017. He also
coordinated the CSN Financial Education Program from 2008 to 2017. He has been a production general manager with us since November 2002,
having worked in the metallurgy reduction, steel metallurgy and, currently, metal sheets units. Mr. Franklin graduated in metallurgical
engineering from Universidade Federal Fluminense &ndash; UFF/RJ and specialized in reduction metallurgy at the Mc Master University, Hamilton,
Canada. He holds a master&rsquo;s in business management from Funda&ccedil;&atilde;o Dom Cabral &ndash; Belo Horizonte/MG and a master&rsquo;s
degree in economics from IBMEC.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>Yoshiaki Nakano</I>. Mr. Nakano has been a member of
our board of directors since April 2004, and a member of our audit committee since June 2005, serving as chairman of the audit committee
since October 2017. He also serves as a member of the board of directors of TLSA (company jointly controlled by us) and as a member of
the audit committee of CSN Minera&ccedil;&atilde;o (controlled by us). In the past five years, Mr. Nakano was a professor of economics
at Funda&ccedil;&atilde;o Getulio Vargas &ndash; FGV/SP and has served as director of the School of Economics of Funda&ccedil;&atilde;o
Getulio Vargas &ndash; FGV/SP since 2003. He was also a member of the Economy Superior Council (<I>Conselho Superior de Economia</I> &ndash;
COSEC) of FIESP/Instituto Roberto Simonsen and a board member of the <I>Funda&ccedil;&atilde;o de Amparo &agrave; Pesquisa do Estado de
S&atilde;o Paulo</I> &ndash; FAPESP, until 2015. Previously, Mr. Nakano served as Special Secretary for Economic Affairs in the Ministry
of Finance and as Finance Secretary of the state of S&atilde;o Paulo. Mr. Nakano graduated in business administration from Funda&ccedil;&atilde;o
Getulio Vargas and has a master&rsquo;s in business administration and a Ph.D. from Cornell University.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I></I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-indent: 0.25in"><I>Antonio Bernardo Vieira Maia.</I> Mr. Maia
was elected member of our board of directors in April 2013 and has been a member of our audit committee since August 2013. He served as
chairman of the audit committee from May 2014 to October 2017. He was also a member of our Financial Committee from October 2014 to December
2016, member of the board of directors of TLSA (company jointly controlled by us) and of FTL and CSN Minera&ccedil;&atilde;o (controlled
by us). He has also been chief executive officer of BRG Capital Ltda. since July 2005. From April 1995 to May 2005, he was officer of
Credit Suisse/Banco Garantia de Investimentos S.A. He began his career in Citibank Brazil as an intern in 1982 and moved to New York in
1986, where he first worked as an Institutional Investment Analyst of Citigroup for Latin America, until becoming an officer of Citibank
New York. Prior to that, he worked as an associate at Banco Bozano Simonsen de Investimentos in Rio de Janeiro from August 1979 to December
1981, and he served as a member of the board of directors of Banque B&eacute;n&eacute;dict Hentsch &amp; Cie. S.A., Geneva, Switzerland,
from April to December 2006. He graduated in 1981 with a degree in business and public administration from Funda&ccedil;&atilde;o Getulio
Vargas.</P>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>Miguel Ethel Sobrinho. </I>Mr. Sobrinho has been a
member of our board of directors since April 2019 and a member of our audit committee since May 2019. In addition, since 2016, he has
been a member of the board of directors of CSN Minera&ccedil;&atilde;o and an officer and shareholder of Participa &ndash; Empreendimentos
Imobili&aacute;rios e Participa&ccedil;&otilde;es Ltda., developing activities focused on interests
in shopping malls, gas and hydroelectric energy and fast food chains. He graduated in production engineering from the Polytechnical School
of the University of S&atilde;o Paulo and holds a master&rsquo;s in business administration from the School of Economics and Administration
of the University of S&atilde;o Paulo. He was a professor of project and investment analysis at the School of Economics and Administration
of the University of S&atilde;o Paulo and a member of the Curator Board and founder of the Administration Institute Foundation of the
University of S&atilde;o Paulo.</P>


<!-- Field: Page; Sequence: 89 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->84<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Board of Executive
Officers</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Following is a brief biography of the members of our board
of executive offers:</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>Benjamin Steinbruch</I>. See &ldquo;&mdash;Board of
Directors.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>Marcelo Cunha Ribeiro</I>. Mr. Ribeiro was elected
as an executive officer in September 2017, and is in charge of the treasury, controller, tax and accounting areas. He is our chief financial
officer and, since March 2018, our chief investor relations officer. He is a member of the board of directors of FTL (controlled by us),
Transnordestina Log&iacute;stica S.A. (a company jointly controlled by us) and CSN Minera&ccedil;&atilde;o (controlled by us), and a member
of the Deliberative Council of Caixa Beneficente dos Empregados da Companhia Sider&uacute;rgica Nacional, or CBS. He is also serves as
an officer of Min&eacute;rios Nacional and Equimac S.A. Prior to joining us, Mr. Ribeiro was chief financial officer of St. Marche Group,
vice president of finance and investor relations of Restoque Com&eacute;rcio e Confec&ccedil;&otilde;es de Roupas S.A., chief financial
officer of Grupo SBF (GP Investimentos Ltd), Managing Director of the Private Equity area of GP Investimentos Ltd. and chief financial
officer of San Antonio International Ltd. He was also a member of the board of directors of Hopi Hari S.A., Telemar Norte Leste S.A. (Oi
S.A.), Contax Participa&ccedil;&otilde;es S.A., Est&aacute;cio Participa&ccedil;&otilde;es S.A., Magnesita Refrat&aacute;rios S.A. and
BR Towers SPE1 S.A. Mr. Ribeiro graduated in production engineering from the University of S&atilde;o Paulo and has a master&rsquo;s in
business administration from Harvard Business School.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>David Moise Salama</I>. Mr. Salama was elected as an
executive officer in August 2011 and is in charge of the real estate, insurance and credit areas. He has been with us since 2006, having
acted as investor relations officer. He also serves as officer of Estanho de Rond&ocirc;nia S.A., Companhia Florestal do Brasil and CSN
Energia S.A. and is a member of the board of directors of CBSI &ndash; <I>Companhia Brasileira de Servi&ccedil;os de Infraestrutura</I>,
It&aacute; Energ&eacute;tica S.A., Lusosider A&ccedil;os Planos, S.A., Lusosider Projectos Sider&uacute;rgicos, S.A., Lusosider Ib&eacute;rica,
S.A., CSN Islands VII Corp. and CSN Islands XII Corp. He is also a member of the Deliberative Council of Caixa Beneficente dos Empregados
da Companhia Sider&uacute;rgica Nacional and deputy member of the board of directors of Transnordestina Log&iacute;stica S.A. (a company
jointly controlled by us) and FTL (controlled by us). Prior to joining CSN, Mr. Salama acted as Financial Officer at Tecnisa Engenharia
e Com&eacute;rcio, Birmann Com&eacute;rcio e Empreendimentos and Goldfarb Com&eacute;rcio e Constru&ccedil;&otilde;es, was the head of
consolidated financial information of Unilever Brasil and acted as senior auditor at PwC. Mr. Salama graduated in accounting and has a
master&rsquo;s in business administration in finance, both from the School of Economics, Business and Accounting of the University of
S&atilde;o Paulo / FEA-USP. He complemented his academic education by attending the Oxford Advanced Management and Leadership Program
of Sa&iuml;d Business School at Oxford University, England, and the Harvard Law School Program on Negotiation at Harvard University.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>Luis Fernando Barbosa Martinez</I>. Mr. Martinez was
elected as an executive officer in August 2011, and is in charge of the commercial and logistics areas of the steel, cement and special
sales segment. He has been with us since 2002, having previously acted as sales officer. He is a member of the board of directors of Lusosider
&ndash; A&ccedil;os Planos S.A., Lusosider Projectos Sider&uacute;rgicos S.A., Lusosider Ib&eacute;rica S.A., CSN Islands VII Corp., CSN
Islands XII Corp., CSN Minera&ccedil;&atilde;o, SWT, CSN Mining Holding S.L.U., CSN Steel Holdings 1, S.L.U., CSN Productos Sider&uacute;rgicos,
S.L.U., CSN Mining Asia Limited and MRS, and a member of the Deliberative Council of Caixa Beneficente dos Empregados da Companhia Sider&uacute;rgica
Nacional. Mr. Martinez is also a member of the board of directors of <I>Associa&ccedil;&atilde;o Brasileira de Metalurgia, Materiais e
Minera&ccedil;&atilde;o</I>, or ABM, and deputy member of the board of directors of FTL (controlled by us) and Transnordestina Log&iacute;stica
S.A. (a company jointly controlled by us). He is also currently serving as an officer of Estanho de Rond&ocirc;nia S.A., CSN Energia S.A.,
Companhia Metal&uacute;rgica Prada and CSN Cimentos S.A. Since March 2017 he is also member of the board of officers of C&acirc;mara de
Com&eacute;rcio e Ind&uacute;stria Brasil &ndash; Alemanha. Prior to joining CSN, Mr. Martinez was a sales officer at Alcan Alum&iacute;nio
do Brasil S.A., having worked there for 14 years in different departments (processing, quality, product/market development and sales).
He also acted as Executive Officer of the Brazilian Center of Steel Construction &ndash; CBCA and of the Brazilian Association of Metallic
Construction, and he was president of the Brazilian Association of Steel Packaging &ndash; ABEA&Ccedil;O. In 2016, Mr. Martinez received
the prize <I>Pr&ecirc;mio Bar&atilde;o de Mau&aacute; &ndash; Instituto Mau&aacute; de Tecnologia</I> as Professional and Market Highlight.
Mr. Martinez graduated with a degree in Metallurgical Engineering from Instituto Mau&aacute; de Tecnologia, has a graduate degree in industrial
management from the School of Production Engineering of the University of S&atilde;o Paulo and completed the Corporate Management Development
Program at Alcan Aluminum Limited in Montreal, Canada.</P>


<!-- Field: Page; Sequence: 90 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->85<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>Eduardo Guardiano Leme Gotilla</I>. Mr. Leme joined
us as executive officer in February 2021 and is responsible for our new projects. He is a member of the boards of directors of MGI &plusmn;Minas
Gerais Investimentos and CODEMIG/CODEMGE. Before joining us, he was a member of the board of directors of BB Previd&ecirc;ncia and chairman
of the board of directors of Magnesita Refrat&aacute;rios S.A. He was also global chief financial officer of RHI Magnesita in London,
where he previously served as vice president of corporate finance and investor relations, and chief financial officer of Magnesita Refrat&aacute;rios
S.A. He held several finance positions, mainly in private equity controlled multinational companies, and has experience in corporate finance,
tax management, capital strategy, turnaround, performance management and investor relations. He holds a bachelor&rsquo;s degree in economics
and finance from the Brazilian Institute of Capital Markets (<I>Instituto Brasileiro de Mercado de Capitais</I> &ndash; IBMEC).</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Indemnification of
Officers and Directors</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">There is no provision for or prohibition against the indemnification
of officers and directors under Brazilian law or our bylaws. Pursuant to Brazilian Corporate Law, officers are generally not individually
liable for acts performed within the course of their duties. Subject to the terms of the indemnity agreements entered into by us and our
directors and officers, we may indemnify, or maintain liability insurance covering, our directors, officers and certain key employees
against liabilities incurred in connection with their respective positions with us.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_026"></A>6B. Compensation</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For the year ended December&nbsp;31, 2020, the aggregate
compensation paid by us to all members of our board of directors and board of executive officers for services in all capacities was R$40.6&nbsp;million,
which includes salaries, bonuses, profit sharing arrangements and benefits, such as medical assistance, pension plan contributions and
life insurance, among others. For the year ended December&nbsp;31, 2020, the aggregate compensation paid by us to all members of our fiscal
committee for services was R$0.7 million.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">See &ldquo;&mdash;6D. Employees&rdquo; for a brief description
of our profit sharing arrangements.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_027"></A>6C. Board Practices</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Fiscal Committee</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Under Brazilian Corporate Law, shareholders may request
the appointment of a fiscal committee (<I>conselho fiscal</I>), which is a corporate body independent of management and our external auditors.
The primary responsibility of the fiscal committee is to monitor management&rsquo;s activities, review financial statements and report
findings to shareholders. As of the date of this annual report, we have a fiscal committee in place, which was most recently elected by
our annual shareholders&rsquo; meeting in April 2019, with a term until our next annual shareholders&rsquo; meeting in April 2020. Our
fiscal committee comprises three effective members and three alternate members, of which one effective member and the respective alternate
were appointed by our minority shareholders.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The members of our fiscal committee as of the date of
this annual report are:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Name </B></FONT></TD>
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Position </B></FONT></TD>
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Age<SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="width: 23px; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 136px; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>First Elected on </B></FONT></TD>
    <TD STYLE="width: 24px; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 118px; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Last Elected on</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Tufi Daher Filho&nbsp;</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Chairman&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">61</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">June 29, 2018&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">April 30, 2020</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Valmir Pedro Rossi</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Member&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">59</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">April 30, 2020</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">April 30, 2020</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Andr&eacute; Coji&nbsp;</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Member&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">56</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">June 29, 2018&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">April 30, 2020</FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">_______________________</TD><TD></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(1)</TD><TD>Age as of the date of this annual report.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Following is a brief biography of the members of our fiscal
committee.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>Tufi Daher Filho. </I>Mr. Daher has been a member of
our fiscal committee since June 2018. He is coordinator of the audit committee of CSN Minera&ccedil;&atilde;o, as well as a member of
Manhattan Construtora&rsquo;s board of directors since January 2021. He has also been a member of the deliberative council of Apafass
&ndash; <I>Associa&ccedil;&atilde;o dos Participantes e Assistidos da Funda&ccedil;&atilde;o Atl&acirc;ntico de Seguridade Social</I>
since March 2017. He owns TDF Consultoria Empresarial Ltda., is partner of Empreendimentos e Construtora Ltda. and owns the Loungerie,
Osklen and Richards franchises in Urberl&acirc;ndia, Minas Gerais. In the last five years, Mr. Daher was member of the board of directors
of CPTM &ndash; <I>Companhia Paulista de Trens Metropolitanos</I> (until January 2019), technical advisor of Hidrovias do Brasil S.A.
(until 2018), officer of Metalic, president of the board of directors and chief executive officer of MRS. He was also a member of the
board of directors of the National Association of Railroad Companies (<I>Associa&ccedil;&atilde;o Nacional dos Transportadores Ferrovi&aacute;rios</I>
&ndash; ANTF). Mr. Daher graduated in civil engineering from Universidade Cat&oacute;lica de Minas Gerais. He has
participated in a vocational course taught by the Japan International Cooperation Agency related to transportation planning. Mr. Daher
also holds a master&rsquo;s degree in business administration from Funda&ccedil;&atilde;o Dom Cabral and has participated in an advanced
management program in partnership with INSEAD in France.</P>


<!-- Field: Page; Sequence: 91 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->86<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>Valmir Pedro Rossi. </I>Mr. Rossi has been a member
of our fiscal committee since April 2020. He is also a member of the fiscal committee of CADAM S.A., alternate member of the fiscal committee
of Banco Santander Brasil S.A. and member of the audit and integrity committee of BRF S.A. and Grupo Simper S.A. He holds a certificate
as Adviser for executive boards and supervisory boards from the IBGC &ndash; <I>Instituto Brasileiro de Governan&ccedil;a Corporativa</I>.
In the last five years, Mr. Rossi worked as an accountant at Casfor Org. Cont&aacute;beis and Bertol S.A. and as a consultant at Sebrae
RS. He also worked for 30 years at Banco do Brasil S.A. and was president of Banco da Amaz&ocirc;nia S.A., a publicly traded federal bank
headquartered in B&eacute;lem. He served as a member of the board of directors or fiscal committee of the following companies: Metal&uacute;rgica
Gerdau S.A., Brasilprev S.A., BB Seguridade S.A., Banco da Amaz&ocirc;nia S.A. and Kepler Weber S.A, in addition to several entities and
associations. Mr. Rossi graduated in accounting from the University of Passo Fundo, with a postgraduate degree in finance from the University
of Caxias do Sul and in marketing from PUC Rio de Janeiro and has a Master&rsquo;s in business administration from the Unversity of S&atilde;o
Paulo and in business management from UNB-Bras&iacute;lia.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>Andr&eacute; Coji. </I>Mr. Coji has been a member of
our fiscal committee since June 2018. He is an effective member of the fiscal committee of Via Varejo S.A. He is also an effective member
of the board of directors, as well as a member of the independent committee of related parties and a member of the financial and audit
committee of Smiles Fidelidade S.A. He has also been chairman of the fiscal committee of Tecnisa S.A. since September 2020. Mr. Coji is
an alternative member of the fiscal committee of the B3. He also serves as director of the <I>Federa&ccedil;&atilde;o das Ind&uacute;strias
do Estado de S&atilde;o Paulo</I> &ndash; FIESP and works with structured financial operations for renowned companies in the Brazilian
real estate market. In the last five years, Mr. Coji served as an effective member of the board of directors of Via Varejo S.A. and he
was treasury director for a non-profit organization, Unibes, and a member of the advisory board of several Brazilian families, responsible
for asset management, fiscal planning, tax and succession planning. Mr. Coji graduated in business administration from Funda&ccedil;&atilde;o
Getulio Vargas and in law from the University of S&atilde;o Paulo. He has also a board of directors&rsquo; certificate from the IBGC.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Audit Committee</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In June 2005, we appointed an audit committee (<I>comit&ecirc;
de auditoria</I>), which comprises independent members of our board of directors. Our audit committee is responsible for recommending
to our board of directors the appointment of independent auditors, reporting on our auditing policies and our annual audit plan prepared
by our internal auditing team, as well as monitoring and evaluating the activities of our independent auditors. Our audit committee has
also been tasked with identifying, prioritizing and submitting actions to be implemented by our executive officers, analyzing our annual
report and financial statements and making recommendations to our board of directors.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our audit committee comprises Mr. Yoshiaki Nakano, Mr.
Antonio Bernardo Vieira Maia and Mr. Miguel Ethel Sobrinho. Our audit committee may also be assisted by an external consultant, whenever
necessary. All members of our audit committee satisfy the audit committee membership independence requirements set forth by the SEC and
the NYSE. All members of our audit committee have been determined by our board of directors to qualify as an &ldquo;audit committee financial
expert&rdquo; within the meaning of the rules adopted by the SEC relating to the disclosure of financial experts on audit committees in
periodic filings pursuant to the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our audit committee holds at least one ordinary meeting
every three months and extraordinary meetings whenever necessary.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For information on the date of election and term of office
of the members of our board of directors and board of executive officers, see &ldquo;&mdash;6A. Directors and Senior Management.&rdquo;</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Service Contracts</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We permit our directors to continue to participate in
our employee pension plan after ceasing to be a director.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_028"></A>6D. Employees</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As of December&nbsp;31, 2018, 2019 and 2020, we had 24,857,
24,869 and 23,196 employees, respectively. As of December&nbsp;31, 2020, approximately 3,530 of our employees were members of the Steelworkers&rsquo;
Union of Volta Redonda, which is affiliated with the For&ccedil;a Sindical, which
is a national union. We believe we have a good relationship with the For&ccedil;a Sindical. We have collective bargaining agreements,
renewable annually in May of every year. Moreover, we have members affiliated with other unions, such as the Engineers&rsquo; Union with
10 members, and the Workers&rsquo; Unions from Cama&ccedil;ari and Recife, with a total of eight members. At all other companies controlled
by us, including ERSA, CSN Minera&ccedil;&atilde;o, FTL and TLSA, we have a total of 452 employees that are members of unions.</P>


<!-- Field: Page; Sequence: 92 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->87<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We maintain an employee profit sharing plan. All employees
participate in this plan and earn bonuses based on our consolidated results, the results of our business units, employees&rsquo; individual
results and employees&rsquo; competence assessments.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are the main sponsor of a non-profit entity, <I>Caixa
Beneficente dos Empregados da CSN</I>, established in July 1960, which is primarily engaged in the payment of benefits that supplement
the government&rsquo;s social security benefits to our former employees. In its capacity as sponsor, we carry out transactions involving
the payment of contributions and recognition of actuarial liabilities calculated in defined benefit plans. For more information, see note
26 to our audited consolidated financial statements included elsewhere in this annual report.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_029"></A>6E. Share Ownership</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The Steinbruch family, which includes Mr. Benjamin Steinbruch,
our chairman and chief executive officer, holds an indirect majority ownership interest in Vicunha A&ccedil;os and Rio Iaco Participa&ccedil;&otilde;es,
our controlling shareholders.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our executive officers and the members of our board of
directors directly held an aggregate of 1,502 of our outstanding common shares as of December 31, 2020.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><FONT STYLE="background-color: white"><A NAME="a_030"></A>Item
7. Major Shareholders and Related Party Transactions</FONT></P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_031"></A>7A. Major Shareholders</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As of December 31, 2020, our capital stock comprised 1,387,524,047
common shares, each of which entitles its holder to one vote at our shareholders&rsquo; meetings. Our major shareholders do not have different
voting rights from our other shareholders. For more information, see &ldquo;Item 3. Key Information&mdash;3D. Risk Factors&mdash;Risks
Relating to Our Common Shares and the ADSs&mdash;Our controlling shareholder has the ability to direct our business and affairs and its
interests could conflict with yours.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table sets forth, as of December 31, 2020,
the number of our common shares owned by our major shareholders:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="3" STYLE="text-align: center; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Common Shares </B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 62%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 18%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="text-align: center; width: 14%; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Percent of</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Shares Owned</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Outstanding</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="text-align: center; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Shares</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Vicunha A&ccedil;os S.A.<SUP>(1)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 7.3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">679,522,254</FONT></TD>
    <TD STYLE="padding-right: 7.3pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="padding-right: 7.3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">&nbsp;48.97%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Rio Iaco Participa&ccedil;&otilde;es S.A.<SUP>(1)(2)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 7.3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">58,193,503</FONT></TD>
    <TD STYLE="padding-right: 7.3pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="padding-right: 7.3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">4.19%</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Free float</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 7.3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">642,398,790</FONT></TD>
    <TD STYLE="padding-right: 7.3pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="padding-right: 7.3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">46.30%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Treasury</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: right; color: #2F5496; border-bottom: Black 0.5pt solid">7,409,500</P></TD>
    <TD STYLE="padding-right: 7.3pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: right; color: #2F5496; border-bottom: Black 0.5pt solid">0.53%</P></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 7.3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>1,387,524,047</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 7.3pt; text-align: right; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 7.3pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>100.00%</B></FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">_______________________</TD><TD></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(1)</TD><TD>Owned indirectly by the Steinbruch family, which includes Mr. Benjamin Steinbruch, the chairman of our board of directors and our chief executive officer.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(2)</TD><TD>In March 2021, Rio Iaco Participa&ccedil;&otilde;es S.A. sold 5,913,700 common shares.</TD></TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_032"></A>7B. Related Party Transactions</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our transactions with related parties consist of (i) transactions
with subsidiaries, jointly controlled entities, associates, exclusive funds and other related&nbsp;parties; and (ii) transactions with
other unconsolidated related parties.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Following is an overview of the types of related party
transactions we enter into:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>Our commercial and financial transactions with our subsidiaries, jointly controlled entities, associates, exclusive funds and other
related parties are carried out at market prices and under market conditions, based on common terms and rates applicable to third parties.</TD></TR></TABLE>


<!-- Field: Page; Sequence: 93 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->88<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>We maintain relations with other unconsolidated related parties, which include, among others, CBS Previd&ecirc;ncia, Funda&ccedil;&atilde;o
CSN, Banco Fibra, Ibis Participa&ccedil;&otilde;es e Servi&ccedil;os Ltda., Partifib Projetos Imobili&aacute;rios Ltda., Vicunha Im&oacute;veis
Ltda.,Vicunha Servi&ccedil;os Ltda.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, we guarantee certain indebtedness of related
parties. For more information, see &ldquo;Item 5. Operating and Financial Review and Prospects&mdash;5E. Off-Balance Sheet Arrangements.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We maintain internal controls to detect, prevent and address
potential conflicts of interest in our transactions, including those with related parties, in order to ensure that all transactions are
appropriately documented, characterized and accounted for. Our related party transactions are subject to approval based on our best interest
and market terms and conditions. For more information on our related party transactions, see note 22 to our audited consolidated financial
statements included elsewhere in this annual report.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_033"></A>7C. Interests of Experts and Counsel</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Not applicable.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><A NAME="a_034"></A><FONT STYLE="font-family: Times New Roman,serif; color: windowtext; background-color: white">Item
8</FONT>. Financial Information</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_035"></A>8A. Consolidated Statements and Other Financial Information</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">See &ldquo;Item 3. Key Information&mdash;3A. Selected
Financial Data&rdquo; and our audited consolidated financial statements included elsewhere in this annual report.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Legal and Administrative
Proceedings</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In the ordinary course of our business, we are party to
several administrative, judicial and arbitration proceedings, which we believe are incidental and arise out of our regular course of business.
We have established provisions for all amounts in dispute that represent a probable risk of loss based on the legal opinion of our internal
and external legal counsel. We have not established provisions for any amounts in dispute that represent a possible or remote risk of
loss based on the legal opinion of our internal and external legal counsel. For more information, see &ldquo;Item 3. Key Information&mdash;3D.
Risk Factors&mdash;Risks Relating to Us and the Industries in Which We Operate&mdash;We are exposed to the risks of litigation.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Developments relating to the COVID-19 pandemic adversely
affected the workflow of the Brazilian legal and administrative system in 2020 and 2021 to date, which has and may continue to affect
expected timelines relating to the administrative, judicial and arbitration proceedings we are party to.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Labor Contingencies</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As of December 31, 2020, we and our subsidiaries were
defendants in 8,785 labor claims, for which we recorded a provision of R$328.0 million. Most of these claims relate to alleged subsidiary
and/or joint liability with respect to our independent contractors, salary equalization, health hazard premiums and hazardous duty premiums,
overtime pay, health plan, indemnity claims resulting from other alleged occupational diseases or on-the-job accidents, breaks between
working hours and differences in profit sharing from 1997 to 1999 and from 2001 to 2003.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We update our provisions for labor contingencies as a
result of the closing of lawsuits and our constant revision of accounting estimates, which consider, among other factors, the nature of
the claims involved.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Civil Contingencies</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our civil contingencies relate mainly to indemnity claims
resulting from contractual disputes and collections, claims for damages and compensation related to our commercial and industrial activities,
real estate disputes and disputes for restoring health insurance. As of December 31, 2020, we had recorded a provision of R$151.7 million
for these civil contingencies.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We also classify as civil contingencies the administrative
and judicial proceedings filed against us for alleged violations of environmental statutes, mainly as a result of our industrial activities,
claims for regularization, indemnification or imposition of fines. As of December 31, 2020, the amount relating to probable losses for
civil contingencies relating to environmental matters was R$12,463 million, as compared to R$43,498 million as of December 31, 2019, due
to ongoing review of our risk of loss and certain reclassifications by external counsel.</P>


<!-- Field: Page; Sequence: 94 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->89<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Tax Contingencies</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our main tax contingency relates to a tax assessment notice
involving R$12.6 billion (as of December 31, 2020) issued against us for an alleged failure to submit to taxation a capital gain resulting
from the alleged sale of 40% of our shares in former subsidiary Namisa (merged into our subsidiary CSN Minera&ccedil;&atilde;o as of December
31, 2015) to the Asian Consortium. In May 2017, the S&atilde;o Paulo regional judgment office (<I>Delegacia Regional de Julgamento</I>),
which is a lower administrative court, issued a decision cancelling the tax assessment notice. This decision was reversed and the tax
assessment was upheld by the second level administrative court &ndash; the Administrative Board of Tax Appeals (<I>Conselho Administrativo
de Recursos Fiscais</I>), or CARF. There remains a pending issue under review by the Superior Chamber of CARF regarding the qualified
penalty. We have challenged the merits of the tax assessment at the judicial level before and obtained an injunction against any immediate
assessment. In April 2018, a federal court of tax enforcement set aside a portion of our assets, including buildings, equipment, land,
vehicles and fixtures and furniture, as collateral for our potential liability under this proceeding, which we replaced with certain other
assets in 2020. At the end of 2019, the court issued a decision favorable to us and cancelled the CARF judgment at the administrative
level due to legal nullities and, as of the date of this annual report, the case is pending final judgment. Our assessment remains that
our risk of loss is possible.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">This same tax assessment notice resulted in another contingency
issued against Namisa (merged into our subsidiary CSN Minera&ccedil;&atilde;o as of December 31, 2015) involving R$2.9 billion, as of
December 31, 2020. This tax assessment is for income tax and social contribution not paid due to allegedly improper goodwill amortization
from 2008 to 2011. In May 2013, the S&atilde;o Paulo regional judgment office issued a decision favorable to us and cancelled the tax
assessment notice, which decision was confirmed by CARF. After an appeal filed by the Federal Prosecutor&rsquo;s Office, the Superior
Chamber of CARF reversed the decision and reinstated the tax assessment, but there remains a pending issue to be decided by the lower
administrative authorities regarding the qualified penalty. We have challenged the formal requirements of the Federal Prosecutor&rsquo;s
Office appeal at the judicial level and, in 2020, we filed an annulment lawsuit to contest the tax assessment. Both proceedings are pending
judgment.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In December 2018, another contingency related to allegedly
improper goodwill amortization from 2013 to 2014 was issued against Namisa. This tax assessment demands the payment of income tax and
social contribution involving approximately R$1.05 billion, as of December 31, 2020. In June 2019, we filed our appeal to CARF, which
issued a decision favorable to us in December 2019. This decision is subject to appeal to the Superior Chamber of CARF and the case is
pending final judgment.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, we received tax assessment notices in December
2015 and December 2016 for R$1.9 billion and R$932 million as of December 31, 2020, respectively, for an allegedly improper deduction
of interest expenses in pre-payment contracts between us and Namisa. With regards to the December 2015 tax assessment, after a partially
favorable decision issued by CARF, that which reduced the amount of the tax assessment, we filed an annulment lawsuit to challenge to
remainder of the tax assessment. With regards to the December 2016 tax assessment, we filed an annulment lawsuit to contest the tax assessment.
Both assessments have been suspended by court decision pending final judgments.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Antitrust</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In October 1999, we received a fine from CADE claiming
that certain practices adopted by us and other Brazilian steel companies before 1997 allegedly comprised a cartel. We challenged the cartel
allegation and the imposition of the fine judicially and, in June 2003, obtained a partially favorable judgment by a federal trial court.
CADE appealed the trial court decision and, in June 2010, a federal appellate court in Bras&iacute;lia reversed the trial court&rsquo;s
decision and confirmed the cartel allegation, as well as the fine imposed by CADE in the amount of R$65 million. We appealed the decision
of the appellate court to the Brazilian Superior Court of Justice. We have not recorded any provision in connection with this fine, as
the risk of loss is classified as possible.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In April and July 2012, CADE issued certain injunctive
orders limiting our ability to, among other things, increase our equity stake in Usiminas or exercise our voting rights with respect to
the shares already owned. In April 2014, CADE issued its decision and a Performance Commitment Agreement (<I>Termo de Compromisso de Desempenho</I>),
or TCD, was executed between CADE and us. Under the terms of CADE&rsquo;s decision and the TCD, we must reduce our equity stake in Usiminas
within a specified timeframe. The timeframe and reduction percentages are confidential. Furthermore, our political rights in Usiminas
would continue suspended until we reach the thresholds established in the TCD.</P>


<!-- Field: Page; Sequence: 95 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->90<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In March 2016, we applied to CADE to partially suspend
the TCD so as to exercise certain rights, namely appointing independent directors and members of the fiscal committee, which request CADE
granted and following which, at Usiminas&rsquo; annual general shareholders&rsquo; meeting in April 2016, we appointed two independent
directors and one independent member of Usiminas&rsquo; fiscal committee, as well as their respective alternates. The 2016 appointments
are under litigation and, although there has been no judicial order overturning or otherwise suspending their effects, since 2016 we have
been unable to appoint new members to Usiminas&rsquo; fiscal committee. CADE denied our request for exception in April 2018. In 2019,
CADE approved an amendment to the TCD, in order to establish a new timeframe for us to reduce our equity stake in Usiminas. The new timeframe
and reduction percentages remain confidential.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Northeastern Railway System Proceedings</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The TCU initiated proceedings in 2016 questioning the
legality of the governmental authorizations for the segregation of the Northeastern Railway System into two sub-railway systems: Northeastern
Railway System I (in operation by FTL) and Northeastern Railway System II (under construction by TLSA). According to the claim, the Brazilian
federal government should have undergone a new bidding process to grant the concession for the construction of the new tracks of the Northeastern
Railway System (Northeastern Railway System II).</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are unable to anticipate the outcome of this proceeding.
The consequences of an unfavorable decision may include the loss by TLSA of the concession for Northeastern Railway System II, the imposition
of additional investments in developing this sub-railway system and the acceleration of loans granted to TLSA, for which we are guarantors.
See &ldquo;Item 5. Operating and Financial Review and Prospects&mdash;5E. Off-Balance Sheet Arrangements&mdash;Guarantees of Debt.&rdquo;
In addition, even if we are entitled to any indemnification in connection with a termination of the TLSA concession agreement for our
investments in developing Northeastern Railway System II, this indemnification may be insufficient to cover our costs, expenses or losses
and may be paid long after a decision terminating the concession, if at all.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In the course of this proceeding, the TCU approved an
injunction suspending further disbursements by government agencies, including the state-owned railway company Valec and FDNE, for the
development of Northeastern Railway System II, which has adversely affected the pace of construction of the new tracks.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2019, we revised the engineering project for the development
of Northeastern Railway System II and delivered an update regarding the completed and ongoing project phases in order to validate our
budget and revise our schedule. As of the date of this annual report, we are awaiting the conclusion of regulatory analysis of the information
we have submitted.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Additionally, in 2013, ANTT initiated proceedings claiming
that FTL did not meet certain transportation targets for the Northeastern Railway System I in 2013 and seeking to terminate the TAC executed
by FTL that year, which had settled all claims of non-compliance by us with respect to the original concession agreement of the Northeastern
Railway System until 2012. This proceeding resulted in the reopening of the administrative proceeding which began in 2012 for ANTT to
evaluate the occurrence of any relevant breach to FTL&rsquo;s concession agreement.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Following a valuation conducted by ANTT, ANTT concluded
that FTL did not comply with the TAC regarding its failure to meet 2013 production targets. ANTT recommended that the Brazilian federal
government terminate the FTL concession agreement and initiate an administrative proceeding before the Superintendence of Infrastructure
and Railroad Cargo Transport Services (<I>Superintend&ecirc;ncia de Infraestrutura e Servi&ccedil;os de Transporte Ferrovi&aacute;rio
de Cargas</I>). FTL has appealed this conclusion and recommendation and, as of the date of this annual report, is awaiting ANTT&rsquo;s
response.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Furthermore, in 2017, ANTT also initiated proceedings
claiming that TLSA did not comply with certain of its obligations arising from its concession agreement. ANTT&rsquo;s technical area and
board, in a unilateral opinion, concluded that TLSA breached its contractual obligations under the concession agreement and recommended
that the Brazilian federal government terminate TLSA&rsquo;s concession to operate the Northeastern Railway System II. TLSA has appealed
this conclusion and recommendation and, as of the date of this annual report, is awaiting ANTT&rsquo;s response.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In September 2020, we filed a request for reconsideration
and suspension of the injunction with the TCU. We requested that the TCU&rsquo;s understanding be revised in order for disbursements by
government agencies to be immediately released or, alternatively, that disbursements by the government agency FINOR be immediately released.
These disbursements would provide reimbursement of the amounts already proved to have been applied in the project, and which we understand
are not subject to suspension by the TCU.</P>


<!-- Field: Page; Sequence: 96 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->91<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Environmental Proceedings</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Environmental Proceedings Related to Presidente
Vargas Steelworks</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">In September 2018, we signed a new TAC (TAC 07/2018)
with the state of Rio de Janeiro through the Secretary of State for the Environment and Sustainability (<I>Secretaria de Estado do Ambiente
e Sustentabilidade </I>&ndash; SEAS), INEA and the State Environmental Control Commission (<I>Comiss&atilde;o Estadual de Controle Ambiental
&ndash; </I>CECA), with the commitment to carry out new studies and investments to update the environmental control equipment of Presidente
Vargas Steelworks, thereby maintaining its full operation. In parallel, INEA issued an AAF valid until October 2024, which authorizes
the regular operations of Presidente Vargas Steelworks during its compliance with TAC 07/2018.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">TAC 07/2018 contemplates investments of approximately
R$303 million in environmental projects and actions in the region until August 2024 and represents our commitment to the sustainability
of our activities and to the communities of Volta Redonda and the surrounding region.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Environmental Proceedings Related to Volta
Redonda</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In July 2012, the Environmental Public Prosecutor of the
state of Rio de Janeiro (<I>Minist&eacute;rio P&uacute;blico Estadual do Rio de Janeiro</I>) filed a judicial proceeding against us claiming
that we must (i) remove all waste disposed in two areas used as an industrial landfill in the city of Volta Redonda and (ii) relocate
750 residences located in the adjacent neighborhood Volta Grande IV Residential. In August 2013, the Federal Environmental Public Prosecutor
filed a judicial civil proceeding against us based on these same claims. In both cases, the court denied these requests but ordered that
we present a timetable to investigate the area and, if necessary, to remediate the potential issues raised by the Environmental Public
Prosecutor. We presented a timetable considering the conclusion of all studies related to our investigation, including a risk assessment
and intervention plan, which were concluded in April 2014. We presented the studies resulting from our research to INEA and the Environmental
Public Prosecutor claimed inconsistencies in the studies, which we rejected. In January 2019, the Superior Court of Justice decided that
the lawsuit should be moved to federal court. We have also received notices for lawsuits brought by certain home owners at Volta Grande
IV claiming indemnification for alleged moral and material damages.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, we are defendants in a criminal action alleging
our failure to adopt precautionary measures required by INEA regarding the risk of environmental damage in the Volta Grande IV neighborhood
in the city of Volta Redonda. This criminal action was dismissed at first instance and, as of the date of this annual report, awaits judgment
by the court upon the appeal of the Public Prosecutor. In addition, we are also subject to ongoing police investigations related to alleged
inappropriate air emissions, irregular effluent disposal, water and soil pollution, and improper transportation, storage and disposal
of waste.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In April 2013, INEA fined us R$35 million in relation
to Volta Grande IV Residential, in response to which we filed an annulment action in January 2014 to the Tenth Public Treasury Court of
the Capital District (RJ). INEA, in response, filed a fiscal execution action in May 2014 for enforcement of the fine. The fiscal execution
action is suspended until judgment is rendered in the annulment action, which in turn is also suspended until the expert examination that
will be carried out as part of the public civil action filed in 2015 by the Federal Prosecutor&rsquo;s Office for the regularization of
certain emissions and the stoppage of our sintering plants. According to a CONAMA resolution, the deadline to comply with the emissions
standards was December 2018, however, TAC 07/2018 established new deadlines, which we expect the court will accept.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Concerning other allegedly contaminated areas in Volta
Redonda, the Federal Prosecutor&rsquo;s Office filed three public civil actions for the environmental remediation and indemnification
of certain areas. These actions are in an early stage and we are conducting environmental studies to determine possible environmental
damage related to soil contamination and to ensure our compliance with all applicable laws. Once we complete these environmental studies,
we will present them in the context of these actions.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><FONT STYLE="background-color: white">In July 2018, the
Federal Prosecutor&rsquo;s Office and the State Public Prosecutor of Rio de Janeiro filed a public civil action against us, HARSCO and
INEA, for immediate removal of slag piles in the city of Volta Redonda that adjoin the Para&iacute;ba do Sul River. Relief sought includes
cleaning of the entire effluent collection chute, presentation of the volume of slag stored in the area, presentation of a project to
control atmospheric emissions of slag piles and partial embargo of the activity, material damages and collective moral damages.</FONT></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">A preliminary injunction
was granted to require us, HARSCO and INEA to immediately limit the amount of slag received monthly, as well as the height of the piles
at four meters. Any non-compliance with the preliminary injunction may result in fines of approximately US$600,000 per
month<FONT STYLE="background-color: white">. We filed an appeal against this preliminary injunction, which is pending a final decision.</FONT></P>


<!-- Field: Page; Sequence: 97 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->92<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Other Environmental Proceedings</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2004, the Federal Prosecutor&rsquo;s Office filed a
public civil action against us for alleged environmental contamination and pollution of the Para&iacute;ba do Sul River, allegedly caused
by our industrial activity in the area. The court ruled against us and demanded that we compensate the environmental damage caused. We
appealed this decision to the Superior Court of Justice, which upheld our appeal and returned the proceeding to its initial stage in order
to carry out expert investigations, which are still ongoing.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 1995, the Municipality of Volta Redonda filed a public
civil action against us regarding the requirements of an environmental compensatory program. We entered into a TAC with the Municipality
of Volta Redonda and, in May 2008, despite reporting our compliance with the TAC, the Municipality of Volta Redonda requested the payment
of R$16 million in outstanding obligations. After initial discussions, the Municipality of Volta Redonda filed a petition for R$172 million,
which we contested. In December 2018, we signed a new agreement with the Municipality of Volta Redonda to end the legal dispute through
reciprocal concessions. The agreement was ratified by the court with which the case is pending and the State Public Prosecutor&rsquo;s
Office appealed. As of the date of this annual report, and the appeal is pending final judgment.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are subject to a civil investigation regarding our
activities in Arcos to verify (i) the environmental requirements of our cement plant in the city of Arcos; (ii) the monitoring and mitigation
of the environmental impacts of the cement plant&rsquo;s activities; (iii) our compliance with the conditions of our environmental permits,
including the creation of a museum within the Corumb&aacute; ecological station and the creation of a private natural reserve (<I>Reserva
Particular de Patrim&ocirc;nio Natural</I>); and (iv) our actions for the preservation of cultural heritage and compensatory measures.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2009 and 2010, we signed agreements with the Public
Prosecutor&rsquo;s Office regarding environmental liabilities caused by coal mining in the Southern Region of Santa Catarina until the
1990s. The environmental liabilities covered by the agreements include restoration of certain areas. Our compliance with the agreement
was questioned in 2015 by the Public Prosecutor&rsquo;s Office, which may seek to impose fines, freeze our bank accounts or initiate a
criminal investigation. In June 2018, we settled a judicial agreement in order to extend the deadlines for this restoration. We expect
to enter into a new agreement with government authorities and other parties involved in this claim in order to set cost-effective and
functional standards for restoration.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2016, the Federal Prosecutor&rsquo;s Office and the
State Public Prosecutor of Rio de Janeiro filed a judicial proceeding against us regarding alleged irregular deposit of residues and claiming
that we must recover degraded areas, repair damage to flora and fauna and compensate damage to human health. We have filed our defense
and this proceeding remains in its initial phase.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In December 2019, the Public Prosecutor&rsquo;s Office
filed a public civil action against TECON and INEA to suspend the environmental licensing process of TECON&rsquo;s container terminal
until completion of the study on the environmental support capacity of the Sepetiba Bay. In December 2019, the court rejected the preliminary
injunction requested by the Public Prosecutor&rsquo;s Office to suspend the licensing process. We have presented our defense and the proceeding
remains in the initial phase.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In June 2019, we filed a lawsuit to contest a notification
from INEA regarding suspension of the solid bulk operations at TECON due to these operations allegedly not being within the scope of permitted
activities under TECON&rsquo;s operating license. We also requested a preliminary injunction, which was granted, to suspend the effects
of the notification and to continue solid bulk operations pending final judgment of the lawsuit. We have presented our defense and the
proceeding remains in the initial phase.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As a result of an accident involving a Brazilian mining
company in November 2015, the state of Minas Gerais filed judicial proceedings against several mining companies, including us, based on
a State Dam Inventory disclosed in 2014. The state seeks to investigate structures that do not provide technical stability guaranteed
by an external auditor or which stability has not been attested to.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In March 2016, a public civil action was filed against
us by the state of Minas Gerais and the State Environmental Foundation questioning the stability of a small structure installed inside
an industrial area and used for collection and filtration of iron ore. After showing the action was based on outdated information, the
state of Minas Gerais dismissed it. In August 2016, we were notified of a similar public civil action regarding another structure of ours,
Dique do Engenho. We presented documents to the state authorities proving the stability and security of Dique do Engenho and expect that
this action will also be dismissed.</P>


<!-- Field: Page; Sequence: 98 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->93<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In February 2018, the Public Prosecutor&rsquo;s Office
of the state of Minas Gerais filed a public civil action to compel our mining entity (Min&eacute;rios Nacional) to take security measures
at the Fernandinho dam complex. In March 2018, the injunction was partially granted to determine the adoption of security and control
measures. We complied with the injunction and filed a counterclaim. The Public Prosecutor&rsquo;s Office of the state of Minas Gerais
is expected to file another counterclaim. In December 2018, FEAM and the state of Minas Gerais filed a public civil action pleading an
injunction for us to present an emergency plan in relation to the Fernandinho dam complex and evidence of adoption of preventive structural
measures, as well as definitive implementation of an emergency plan and a monthly security audit report.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-indent: 0.25in">In April 2019, the Public Prosecutor&rsquo;s
Office of the state of Minas Gerais filed a public civil action to compel us to adopt mitigating measures regarding the psychological
risks and losses allegedly generated by the Casa de Pedra dam, including relocating residents and indemnifying the value of their homes,
bearing rent and social assistance expenses and relocating the children who attended the daycare center and school that have been closed.
The Public Prosecutor&rsquo;s Office of the State of Minas Gerais also pleaded for the payment of collective moral damages.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are also subject to public civil investigations at
the federal and state public Prosecutors&rsquo; Offices that monitor the regularity of our dams. In 2019, we signed a preliminary agreement
term with the Federal Public Ministry, referring to five of our dams, with which we have fully complied.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In October 2017, CSN Minera&ccedil;&atilde;o entered into
an agreement with the Public Prosecutor&rsquo;s Office of the state of Minas Gerais agreeing to adopt certain measures, including some
specified in the technical report prepared by the Public Prosecutor&rsquo;s Office regarding the Casa de Pedra dam complex in order to
comply with the emergency plan for mining dams, as well as general recommendations on the location, works, types of dams and audits of
the Casa de Pedra dam complex. We fulfilled the commitments listed in the agreement and have requested a certificate of full compliance
(<I>Certid&atilde;o de Cumprimento Integral</I>) and the closure of the investigation, which, as of the date of this annual report, are
pending.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Other Environmental Liabilities</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our main environmental liabilities as of December 31,
2020 were associated with recovery services at former coal mines decommissioned in 1989 in the state of Santa Catarina, due to previous
operations in the Presidente Vargas Steelworks.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We record a provision for remediation costs and environmental
claims when a loss is probable, the amount can be reasonably estimated and we may incur a legal obligation. This provision is included
in our statements of income in &ldquo;Other Operating (Expenses) Income.&rdquo; We do not include in our reserves environmental liabilities
related to ERSA, as these are contractually supported by its former owner.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As of December 31, 2020, we had provisions for environmental
liabilities in the total amount of R$192.8 million, as compared to R$192.3 million as of December 31, 2019. We believe our provisions
are sufficient to cover all probable losses in environmental proceedings.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Following the collapse of the Brumadinho dam, the Public
Ministry of Minas Gerais filed a public civil action in April 2019 in the amount of R$524.4 million demanding that we design and implement
a process for relocating all residents living downstream of our Casa de Pedra dam, including relocation of a child care center and school,
as a result of alleged psychological disorders of the residents. We have responded that the Casa de Pedra dam does not present any non-compliance
with applicable regulations and its stability and integrity have been confirmed by independent audits, including in September 2019 and,
most recently, in January 2020. We have presented alternatives to the Public Ministry of Minas Gerais, including construction of a nursery
and school, adherence to an integrated municipal dam safety plan, provision of psychological support services to the community and donation
of two buses for transportation of children, among others. As of the date of this annual report, this lawsuit is in the procedural instruction
phase.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In April 2019, CSN Minera&ccedil;&atilde;o, Min&eacute;rios
Nacional and the Federal Public Ministry signed a preliminary agreement term relating to compliance with the terms of new legislation
on tailings dams, especially upstream structures, and intensifying independent audits of the structures.</P>





<!-- Field: Page; Sequence: 99 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->94<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table sets forth our provisions for environmental
liabilities as of the dates indicated:</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 64%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 36%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; color: #2F5496"><B>Amounts</B></P>
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; color: #2F5496"><B>(in millions of R$)</B></P></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>December 31, 2019</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>192.3</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Term of Undertaking (TAC)<SUP>(1)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">(13.9)</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Decommissioned Coal Mines (Santa Catarina)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">14.2</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Landfills and other<SUP>(2)</SUP></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">0.2</FONT></TD></TR>
  </TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 64%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>December 31, 2020</B></FONT></TD>
    <TD STYLE="width: 36%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>192.8</B></FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">_______________________</TD><TD></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(1)</TD><TD>Refers to environmental compensation agreed to in the TAC but not related to investments in equipment.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(2)</TD><TD>Refers to an estimated calculation of recovery costs related to landfill remediation obligations.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Arbitration</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In January 2021, our subsidiary CSN Minera&ccedil;&atilde;o
was notified with respect to the commencement of a confidential arbitration against it regarding its alleged default under iron ore supply
agreements, involving the amount of US$1.0 billion. We believe the allegations are unfounded and are not aware of the basis used to determine
the amount involved in this proceeding. In addition, despite the allegations, CSN Minera&ccedil;&atilde;o is a creditor under this agreement.
We will conduct our legal defense with all available means.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Other Legal and Administrative Proceedings</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are defendants in other legal and administrative proceedings
involving claims in the aggregate amount of R$35,305 million as of December 31, 2020, as compared to R$35,785 million as of December 31,
2019, of which (i) R$35,008 million relate to tax contingencies as of December 31, 2020 (R$32,110 million as of December 31, 2019), (ii)
R$1,899 million relate to civil contingencies as of December 31, 2020 (R$1,814 million as of December 31, 2019), (iii) R$1,506 million
relate to labor contingencies and social security contingencies as of December 31, 2020 (R$1,560 million as of December 31, 2019) and
(iv) R$658 million relate to environmental contingencies as of December 31, 2020 (R$300 million as of December 31, 2019). Our legal counsel
has assessed these contingencies as entailing a risk of possible loss and, therefore, no provision has been recorded for these contingencies.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Independent Investigation</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Following media reports about statements made as part
of a plea bargain testimony in a criminal proceeding not involving us that irregular election funding of R$16.5 million was allegedly
arranged by our chairman and chief executive officer and made by us in connection with the construction of the Long Steel Plant in Volta
Redonda in the 2010-2014 period, in May 2017, our audit committee decided to engage external forensic specialists and legal advisors to
conduct an independent investigation regarding these allegations.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The independent investigation was conducted over a seven-month
period, as directed by our independent audit committee, and the specialists and advisors involved were provided access to members of our
senior management, including our chairman and chief executive officer, and information and documents related to the contracts, parties
and periods implicated in the allegations. In November 2017, the investigation, based on the data reviewed, concluded with no findings
of misconduct by us involving the contracts and periods alleged, or any evidence of any misconduct involving the parties mentioned in
the allegations. As a result, we have not recorded any provision for contingencies in this regard.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In October 2017, we were informed that the Public Prosecutor&rsquo;s
Office opened an investigation into our chairman and chief executive officer regarding the same allegations. In February 2018, Brazil&rsquo;s
Supreme Court ruled that, because the case relates to alleged violations of an electoral nature, it did not belong in federal court. As
a result, the Supreme Court ordered the withdrawal of the case from federal court and referred it to electoral court. We have not been
the subject of any investigation by any governmental or enforcement agencies with respect to these allegations.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Additionally, since the case&rsquo;s referral to electoral
court, no evidence or testimony has been presented to corroborate the statements initially made. On March 31, 2021, the Supreme Court
ruled on the preliminary injunction of a constitutional appeal, which had been filed in favor of our chairman and chief executive officer,
and suspended electoral investigations due to a lack of evidence.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Dividend Policy</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">General</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Subject to certain exceptions set forth in Brazilian Corporate
Law, our bylaws require that we pay an annual minimum dividend equal to 25% of our adjusted net profits, calculated in accordance with
Brazilian Corporate Law. Proposals to declare and pay dividends in excess of the statutory minimum dividend requirement are generally
made at the recommendation of our board of directors and approved by the vote of our shareholders. Any such proposal will be dependent
upon our results of operations, financial condition, cash requirements for our business, future prospects and other factors deemed relevant
by our board of directors. We have a policy of paying dividends equal to all legally available net profits, after taking
into consideration the following priorities: (i) our business strategy; (ii) the performance of our obligations; (iii) our required investments;
and (iv) the preservation of our liquidity and solid capital structure.</P>


<!-- Field: Page; Sequence: 100 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->95<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Brazilian companies are also permitted to pay limited
amounts of interest on shareholders&rsquo; equity to holders of equity securities and to treat these payments as an expense for Brazilian
income tax purposes. These payments, net of withholding income tax, may be included in determining whether the statutory minimum dividend
requirement has been met, subject to shareholder approval.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For information on dividends declared during the past
five years, see &ldquo;Item 3A. Selected Financial Data.&rdquo;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Amounts Available for Distribution</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">At each annual shareholders&rsquo; meeting, our board
of directors is required to recommend how our earnings for the preceding fiscal year are to be allocated. For purposes of Brazilian Corporate
Law, a company&rsquo;s income, net of income tax and social contribution for any fiscal year, any accumulated losses from prior fiscal
years and amounts allocated to employees&rsquo; and management&rsquo;s participation in earnings, represents its &ldquo;net profits&rdquo;
for that fiscal year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-indent: 0.25in">In accordance with Brazilian Corporate Law,
shareholders are entitled to receive as a mandatory dividend for each fiscal year either (i) the portion of the profits as may be stated
in our bylaws or, if not set forth in our bylaws, (ii) an amount equal to 50% of the net profits as increased or reduced by: (a) amounts
allocated to the legal reserve; (b) amounts allocated to the contingency reserve and the tax incentive reserve, if any; and (c) any reversion
of contingency reserves constituted in prior years. The payment of dividends may be limited to the amount of net profits realized during
the fiscal year, <I>provided</I> that the difference is recorded as a reserve for unrealized profits. Profits recorded in the reserve
for unrealized profits, when realized and not absorbed by losses in subsequent years, must be added to the first dividend declared after
their realization. Under our bylaws, we are required to distribute to shareholders as dividends in respect of each fiscal year ending
on December 31, to the extent profits are available for distribution, an amount equal to at least 25% of our adjusted net profits. See
&ldquo;&ndash;&ndash;Mandatory Dividend&rdquo; below.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>Legal Reserve</I>. Under Brazilian Corporate Law, we
are required to maintain a &ldquo;legal reserve&rdquo; to which we must allocate 5% of our &ldquo;net profits&rdquo; for each fiscal year
until the amount of the reserve equals 20% of our paid-in capital. However, we are not required to make any allocations to our legal reserve
in a year in which the legal reserve, when added to our other established capital reserves, exceeds 30% of our capital stock. The amounts
allocated to such reserve must be approved by our shareholders in our annual shareholders&rsquo; meeting, and may be used to increase
our capital stock or to offset losses and, therefore, are not available for the payment of dividends.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>Discretionary (or Statutory) Reserves. </I>Under Brazilian
Corporate Law, any corporation may provide in its bylaws for the creation of additional reserves, <I>provided</I> that the maximum amount
that may be allocated to such reserves, the purpose of such reserves and the allocation criteria of such reserves are specified. There
cannot be any allocation to such reserves if it affects payment of the mandatory dividend (as defined below). Our bylaws currently provide
that our board of directors may propose to our shareholders the deduction of at least 1% from our net profits to be allocated to a working
capital and investments reserve. Without prejudice to payment of the mandatory dividend. Our bylaws do not provide for any other discretionary
reserve.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>Contingency Reserve. </I>Under Brazilian Corporate
Law, a percentage of our &ldquo;net profits&rdquo; may be allocated to a contingency reserve for estimable losses that are considered
probable in future years. Any amount so allocated in a prior year must either be reserved in the fiscal year in which the loss had been
anticipated, if the loss does not occur as projected, or be written off in the event that the anticipated loss occurs.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>Tax Incentive Reserve. </I>Our shareholders in a shareholders&rsquo;
meeting may, following a proposal by management, allocate to a tax incentive reserve the portion of our &ldquo;net profits&rdquo; resulting
from donations or governmental grants for investments, which may be excluded from the taxable basis of the mandatory dividend.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>Unrealized Profits Reserve</I>. Under Brazilian Corporate
Law, we may allocate the amount by which the mandatory dividend exceeds our realized net profits in a given fiscal year to an unrealized
profits reserve. Brazilian Corporate Law defines &ldquo;realized net profits&rdquo; for the period as the amount by which our &ldquo;net
profits&rdquo; exceeds the sum of (i) positive equity net results and (ii) the net profits, gains or returns that will be realized after
the end of the subsequent fiscal year. &ldquo;Net profits&rdquo; allocated to the unrealized profits reserve must be added to the next
mandatory dividend distribution after those profits have been realized, if they have not been used to absorb losses in subsequent periods.</P>


<!-- Field: Page; Sequence: 101 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->96<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>Retained Earnings Reserve</I>. Under Brazilian Corporate
Law, our shareholders may decide at a general shareholders&rsquo; meeting to retain a portion of our net profits as provided for in a
previously approved capital expenditure budget. No allocation of net profits may be made to the retained earnings reserve in case such
allocation affects payment of the mandatory dividend. The balance of our retained earnings reserve may not be greater than our capital
stock; if it is, the distribution of this surplus is decided at a shareholders&rsquo; meeting.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For purposes of determining reserve amounts, the calculation
of &ldquo;net profits&rdquo; and allocations to reserves for any fiscal year are determined on the basis of financial statements prepared
in accordance with Brazilian Corporate Law. Our audited consolidated financial statements included elsewhere in this annual report have
been prepared in accordance with IFRS and, although our allocations to reserves and dividends are reflected in the financial statements,
investors will not be able to calculate the allocations or required dividend amounts from these financial statements.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><I>Capital Reserve. </I>Under Brazilian Corporate Law,
the capital reserve consists of premiums from the issuance of shares, goodwill reserves from mergers, sales of founders&rsquo; shares
and sales of warrants. We do not consider amounts allocated to our capital reserve for purposes of determining mandatory dividends. Our
capital stock is not currently represented by founders&rsquo; shares. In our case, any amounts allocated to the capital reserve may only
be used to increase our capital stock, to absorb losses that surpass accumulated profits and profit reserves, or to redeem, reimburse
or purchase shares.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Mandatory Dividend</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Under our bylaws, we are required to distribute to shareholders
as dividends in respect of each fiscal year ending on December 31, to the extent profits are available for distribution, an amount equal
to at least 25% of our adjusted profits, or the mandatory dividend, which amount shall include any interest paid on capital during that
year. See &ldquo;&ndash;&ndash;Additional Payments on Shareholders&rsquo; Equity&rdquo; below. In addition to the mandatory dividend,
our board of directors may recommend that shareholders receive an additional payment of dividends from other funds legally available.
Any payment of interim dividends may be netted against the amount of the mandatory dividend for that fiscal year. Under Brazilian Corporate
Law, if the board of directors determines prior to the annual shareholders&rsquo; meeting that payment of the mandatory dividend for the
preceding fiscal year would be inadvisable in view of our financial condition, the mandatory dividend does not need to be paid. This type
of determination must be reviewed by the fiscal committee, if one exists, and reported, together with the appropriate explanations, to
our shareholders and to the CVM. Mandatory dividends not distributed as described above must be registered as a special reserve and, if
not absorbed by losses in subsequent fiscal years, must be paid as a dividend as soon as our financial condition permits.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Payment of Dividends</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are required to hold annual shareholders&rsquo; meetings
within the first four months after the end of our fiscal year at which an annual dividend may be declared. Additionally, our board of
directors may declare interim dividends. Under Brazilian Corporate Law, dividends are generally required to be paid to the holder of record
on a dividend declaration date within 60 days following the date the dividend was declared, unless a shareholders&rsquo; resolution sets
forth another date of payment, which, in either case, must occur prior to the end of the fiscal year in which the dividend was declared.
A shareholder has a three-year period from the dividend payment date to claim dividends (or interest on shareholders&rsquo; equity as
described under &ldquo;&ndash;&ndash;Additional Payments on Shareholders&rsquo; Equity&rdquo; below) in respect of the common shares it
holds, after which we will no longer be liable for the dividend payments.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our payments of cash distributions on common shares underlying
the ADSs will be made in Brazilian currency <I>reais</I> to our ADR custodian on behalf of our ADR depositary. Our ADR custodian will
then convert the proceeds into U.S. dollars and will cause the U.S. dollars to be delivered to our ADR depositary for distribution to
holders of ADSs.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Additional Payments on Shareholders&rsquo;
Equity</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Brazilian companies are permitted to pay interest on shareholders&rsquo;
equity to holders of equity securities and to treat those payments as a deductible expense for Brazilian income tax purposes. The amount
of interest payable on shareholders&rsquo; equity is calculated based on the TJLP as determined by the Central Bank on a quarterly basis
and applied to each shareholder&rsquo;s portion of net equity.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The TJLP is based on the annual profitability average
of Brazilian public internal and external debt. The TJLP for 2020 was 5.57%.</P>


<!-- Field: Page; Sequence: 102 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->97<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Interest on shareholders&rsquo; equity is deductible up
to the greater of the following amounts: (i) 50% of our net income (before taking into account the amounts attributable to shareholders
as interest on shareholders&rsquo; equity and the provision of corporate income tax but after the deduction of the provision of the social
contribution on net profits) related to the period in respect of which the payment is made; or (ii)&nbsp;50% of the sum of retained profits
and profit reserves as of the date of the beginning of the fiscal year in respect of which the payment is made.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_036"></A>8B. Significant Changes</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">None.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><A NAME="a_037"></A><FONT STYLE="font-family: Times New Roman,serif; color: windowtext; background-color: white">Item
9</FONT>. The Offer and Listing</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_038"></A>9A. Offer and Listing Details</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our capital stock comprises common shares without par
value (<I>a&ccedil;&otilde;es ordin&aacute;rias</I>) and each ADS represents one common share. Our common shares are traded on the B3
under the symbol &ldquo;CSNA3.&rdquo; The ADSs, which are issued under a deposit agreement with JPMorgan Bank, N.A., as depositary, and
substantially all of which are held of record by the Depository Trust Company, are traded on the NYSE under the symbol &ldquo;SID.&rdquo;
There were no significant trading suspensions of our common shares or the ADSs in the last three years.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_039"></A>9B. Plan of Distribution</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Not applicable.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_040"></A>9C. Regulation of Securities Markets</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Trading on the B3 and
NYSE</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The B3 is the only Brazilian stock exchange on which private
equity and private debt may be traded. The B3 is one of the largest exchanges worldwide in terms of market value, the second largest in
the Americas and the leading exchange in Latin America.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">When shareholders trade in common and preferred shares
on the B3, the trade is settled in three business days after the trade date without adjustment of the purchase price for inflation. The
seller is ordinarily required to deliver the shares to the exchange on the second business day following the trade date. The B3 equities
clearing is responsible for the registration, settlement and risk management of trades with shares through the PUMA Trading System.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In order to better control volatility, the B3 has adopted
a &ldquo;circuit breaker&rdquo; mechanism pursuant to which trading sessions may be suspended for a period of 30 minutes or one hour whenever
the index of the stock exchange falls 10% or 15%, respectively, compared to the previous day&rsquo;s closing index. If the market falls
more than 20% compared to the previous day, the B3 may determine the suspension of trading in all markets for a defined period, at its
sole discretion, and such decision must be disclosed to the market through the News Agency (<I>ABO &ndash; Opera&ccedil;&otilde;es</I>).
The &ldquo;circuit breaker&rdquo; is not allowed to be started during the last 30 minutes of the trading session.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The B3 is significantly less liquid than the NYSE or other
major exchanges in the world. As of December 31, 2020, the aggregate market capitalization of the B3 was R$4.2 trillion and the 10 largest
companies listed on the B3 represented approximately 48.1% of the total market capitalization of all listed companies. In contrast, as
of December 31, 2020, the aggregate market capitalization of the NYSE was US$28.6 trillion. Although any of the outstanding shares of
a listed company may trade on the B3, in most cases fewer than half of the listed shares are actually available for trading by the public,
the remainder being held by small groups of controlling persons, by government entities or by one principal shareholder. See &ldquo;Item
3. Key Information&mdash;3D. Risk Factors&mdash;Risks Relating to Our Common Shares and the ADSs&mdash;The relative volatility and illiquidity
of the Brazilian securities markets may substantially limit your ability to sell the common shares underlying the ADSs at the price and
time you desire.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As of December 31, 2020, we accounted for approximately
5.1% of the market capitalization of all listed companies on the B3.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Regulation of the Brazilian
Securities Markets</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Brazilian securities markets are regulated by the CVM,
which has regulatory authority over the stock exchanges and securities markets, as well as by the Central Bank, which has, among other
powers, licensing authority over brokerage firms and regulates foreign investment and foreign
exchange transactions. The Brazilian securities markets are governed by Law No. 6,385, dated December 7, 1976, as amended and supplemented,
or the Brazilian Securities Law, which is the principal law governing the Brazilian securities markets, and by Brazilian Corporate Law
and regulations issued by the CVM, the CMN and the Central Bank. These laws and regulations, among others, provide for disclosure requirements
applicable to issuers of traded securities, criminal sanctions for insider trading and price manipulation, and protection of minority
shareholders. They also provide for licensing and oversight of brokerage firms and governance of Brazilian stock exchanges. However, the
Brazilian securities markets are not as highly regulated and supervised as U.S. securities markets.</P>


<!-- Field: Page; Sequence: 103 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->98<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Under Brazilian Corporate Law, a company is either publicly
held (<I>companhia aberta</I>) or privately held (<I>companhia fechada</I>). All listed companies are registered with the CVM and are
subject to reporting and regulatory requirements. A company registered with the CVM may trade its securities either on the B3 or in the
Brazilian over-the-counter market. Shares of companies listed on the B3 may not simultaneously trade on the Brazilian over-the-counter
market. The shares of a listed company may also be traded privately, subject to several limitations. To be listed on the B3, a company
must be registered as a publicly held company with the CVM and apply for registration with the B3.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The trading of securities on the B3 may be halted at the
request of a company in anticipation of a material announcement. Trading may also be suspended on the initiative of the B3 or the CVM,
among other reasons, based on or due to a belief that a company has provided inadequate information regarding a significant event or has
provided inadequate responses to inquiries by the CVM or the B3.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">According to the Brazilian Securities Law, a publicly
held company must submit to the CVM and the B3 certain periodic information, including annual and quarterly reports prepared by management
and independent auditors. This law also requires companies to file with the CVM shareholder agreements, notices of shareholders&rsquo;
meetings and copies of the related minutes.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Resolution No. 358, as amended, sets forth the CVM&rsquo;s
requirements regarding the disclosure and use of information related to material facts and acts of publicly held companies, including
the disclosure of trading and acquisition of securities issued by publicly held companies.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Such requirements include provisions that:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>establish the concept of a material fact that gives rise to reporting requirements. Material facts include decisions made by controlling
shareholders, shareholder and management resolutions or any other facts related to a company&rsquo;s business (whether occurring within
the company or otherwise related thereto) that may influence the price of its publicly traded securities, or the decision of investors
to trade such securities or to exercise any of such securities&rsquo; underlying rights;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>specify examples of facts that are considered material, which include, among others, the execution of agreements providing for a transfer
of control, the entry or withdrawal of shareholders that provide any managing, financial, technological or administrative function to
the company and any corporate restructuring undertaken among related companies;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>oblige the investor relations officer, controlling shareholders, other officers, directors, members of the audit committee and other
advisory boards to disclose material facts;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>require simultaneous disclosure of material facts to all markets in which the company&rsquo;s securities are admitted for trading;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>require the acquirer of a controlling stake in a corporation to disclose material facts, including its intentions as to whether or
not to de-list the corporation&rsquo;s shares within one year from the acquisition of its controlling stake;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>establish rules regarding disclosure requirements in the acquisition and disposal of a material ownership interest; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>forbid trading on the basis of material non-public information.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Pursuant to CVM Rule No. 480, dated December&nbsp;7, 2009,
as amended, or CVM Rule No. 480, the CVM expanded the quantity and improved the quality of information required to be reported by issuers
in Brazil. This rule provides the market with greater transparency and requires issuers to file annually a comprehensive reference form
(<I>Formul&aacute;rio de Refer&ecirc;ncia</I>) and a governance report (<I>Informe de Governan&ccedil;a</I>). The reference form is in
line with the shelf registration system recommended by the International Organization of Securities of Commissions (IOSCO)&nbsp;through
which information is consolidated and subject to periodic update. In the governance report, we disclose information regarding governance practices
set forth in the Brazilian Code of Corporate Governance, by the method of &ldquo;practice or explain.&rdquo; Each of our reference form
and governance report are available on our investor relations website (<I>www.ri.csn.com.br</I>) or on the CVM&rsquo;s website (<I>http://www.cvm.gov.br</I>).</P>


<!-- Field: Page; Sequence: 104 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->99<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The CVM also enacted Rule No. 481, dated December&nbsp;17,
2009, as amended, to regulate two key issues involving general meetings of shareholders in publicly held companies: (i)&nbsp;the extent
of information and documents to be provided in support of call notices (subject to prior disclosure to shareholders); and (ii)&nbsp;proxy
solicitation for the exercise of voting rights. The rule aims to (i)&nbsp;improve the quality of information disclosed by publicly held
companies to shareholders and to the market in general, favoring the use of the Internet; (ii)&nbsp;make the exercise of voting rights
less costly and foster the participation of shareholders in general meetings, especially for companies with widely dispersed capital;
and (iii)&nbsp;facilitate shareholder oversight of companies.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_041"></A>9D. Selling Shareholders</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Not applicable.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_042"></A>9E. Dilution</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Not applicable.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_043"></A>9F. Expenses of the Issue</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Not applicable.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><A NAME="a_044"></A><FONT STYLE="font-family: Times New Roman,serif; color: windowtext; background-color: white">Item
10</FONT>. Additional Information</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_045"></A>10A. Share Capital</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Not applicable.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_046"></A>10B. Memorandum and Articles of Association</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Registration and Corporate
Purpose</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are registered with the Brazilian Department of Trade
Registration under number 15,910. Our corporate purpose, as set forth in Article 2 of our bylaws, is to manufacture, transform, market,
import and export steel products and steel derived by-products, as well as to explore other activities directly or indirectly related
to this purpose, including: mining, cement and carbochemical business activities, the manufacture and assembly of metallic structures,
construction, transportation, navigation and port activities; the generation, management and commercialization of energy; and the participation
in the capital of other national or international companies.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Directors&rsquo; Powers</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-indent: 0.25in">Pursuant to our bylaws, a director may not vote
on a proposal, arrangement or contract in which the director&rsquo;s interests conflict with our interests. In addition, our shareholders
must approve the compensation of our management and, in case an aggregate amount is fixed, our board of directors is responsible for the
allocation. There is no mandatory retirement age for our directors. For a detailed description of the general duties and powers of our
board of directors, see &ldquo;Item 6. Directors, Senior Management and Employees&mdash;6A. Directors and Senior Management.&rdquo;</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Description of Capital
Stock</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Set forth below is certain information concerning our
capital stock and a brief summary of certain significant provisions of our bylaws and Brazilian Corporate Law applicable to our capital
stock. This description does not purport to be complete and is qualified by reference to our bylaws and to Brazilian law. For further
information, see our bylaws incorporated in this annual report by reference.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Overview</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As of December 31, 2020, our capital stock comprised 1,387,524,047
common shares. Our bylaws authorize our board of directors to increase our capital stock to up to 2,400,000,000 common shares without
an amendment to our bylaws. There are currently no classes or series of preferred shares issued or outstanding. We may purchase our own
shares for purposes of cancellation or to hold them in treasury subject to certain limits and conditions established by the CVM and Brazilian Corporate Law. See &ldquo;Item
16E. Purchases of Equity Securities by the Issuer and Affiliated Purchasers.&rdquo;</P>


<!-- Field: Page; Sequence: 105 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->100<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Liability for Further Capital Calls</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Pursuant to Brazilian Corporate Law, a shareholder&rsquo;s
liability is generally limited to the issue price of the subscribed or purchased shares. There is no obligation of a shareholder to participate
in additional capital calls.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Voting Rights</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Each common share entitles its holder to one vote at our
shareholders&rsquo; meetings. According to CVM regulations, shareholders that represent at least 5% of our common shares may request cumulative
voting (&ldquo;<I>voto m&uacute;ltiplo</I>&rdquo;) in an election of our board of directors. Pursuant to Brazilian Corporate Law and according
to CVM guidance, as our capital stock comprises only common shares, shareholders holding at least 10% of our common shares in the three
consecutive months prior to our shareholder&rsquo;s meeting have the right to appoint a member of our board of directors (&ldquo;<I>elei&ccedil;&atilde;o
em separado</I>&rdquo;).</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Shareholders&rsquo; Meetings</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Pursuant to Brazilian Corporate Law, the shareholders
present at an annual or extraordinary shareholders&rsquo; meeting, convened and held in accordance with Brazilian Corporate Law and our
bylaws, are empowered to decide all matters relating to our corporate purpose and to pass any resolutions they deem necessary for our
protection and well-being.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In order to participate in a shareholders&rsquo; meeting,
a shareholder must be a record owner of the share on the day the meeting is held, and may be represented by a proxy.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Shareholders&rsquo; meetings are called, convened and
presided over by the chairman of our board of directors or, in his absence, by whom he appoints. Brazilian Corporate Law requires that
our shareholders&rsquo; meeting be convened by publication of a notice in the <I>Di&aacute;rio Oficial do Estado de S&atilde;o Paulo</I>,
the official government publication of the state of S&atilde;o Paulo, and in a newspaper of general circulation in Brazil and in the city
in which our principal place of business is located, currently the <I>Jornal Folha de S&atilde;o Paulo &ndash; Edi&ccedil;&atilde;o Regional</I>,
at least 30 days prior to the scheduled meeting date and no fewer than three times (in accordance with CVM Instruction No. 599/2015, our
shareholders&rsquo; meeting must be convened 30 days prior to the scheduled meeting). Both notices must contain the agenda for the meeting
and, in the case of an amendment to our bylaws, an indication of the subject matter.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In order for a shareholders&rsquo; meeting to be held,
shareholders representing a quorum of at least one-fourth of the voting capital must be present, except for meetings convened to amend
our bylaws, where shareholders representing at least two-thirds of the voting capital must be present. A shareholder may be represented
at a shareholders&rsquo; meeting by means of a proxy, appointed not more than one year before the meeting and, if the shareholder is a
natural person, may be represented by another shareholder, a company officer, a lawyer or a financial institution, and, if the shareholder
is a legal entity, anyone may act as proxy. If no quorum is present, notice must be given in the manner described above, no fewer than
eight days prior to the scheduled meeting date. On second notice, the meeting may be convened without a specific quorum requirement, subject
to the minimum quorum and voting requirements for certain matters, as described below. A holder of shares with no voting rights may attend
a shareholders&rsquo; meeting and take part in the discussion of matters submitted for consideration, but will not be allowed to vote.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Except as otherwise provided by law, resolutions passed
at a shareholders&rsquo; meeting require a simple majority vote, abstentions not considered. Pursuant to Brazilian Corporate Law, the
approval of shareholders representing at least one-half of our issued and outstanding voting shares is required for the following actions:
(i) to create a new class of preferred shares or disproportionately increase an existing class of preferred shares relative to the other
classes of preferred shares, to change a priority, preference, right, privilege or condition of redemption or amortization of any class
of preferred shares or to create any class of non-voting preferred shares that has a priority, preference, right, condition or redemption
or amortization superior to an existing class of shares (in these cases, a majority of the issued and outstanding shares of the affected
class is also required); (ii) to reduce the mandatory dividend; (iii) to change our corporate purpose; (iv) to merge into or consolidate
with another company or to spin-off our assets; (v) to dissolve or liquidate our company; (vi) to cancel any liquidation procedure; (vii)
to authorize the issuance of founders&rsquo; shares; and (viii) to participate in a centralized group of companies as defined under Brazilian
Corporate Law.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Pursuant to Brazilian Corporate Law, shareholders voting
at a shareholders&rsquo; meeting have the power to: (i) amend our bylaws; (ii)&nbsp;elect or dismiss members of our board of directors
(and members of the fiscal committee) at any time; (iii)&nbsp;receive and approve the annual management
accounts, including the allocation of net profits and payment of the mandatory dividends and allocation to the various reserve accounts;
(iv)&nbsp;authorize the issuance of debentures in general; (v)&nbsp;suspend the rights of a shareholder who has violated Brazilian Corporate
Law or our bylaws; (vi)&nbsp;accept or reject the valuation of assets contributed by a shareholder in consideration of the subscription
of shares in our capital stock; (vii)&nbsp;authorize the issuance of founders&rsquo; shares; (viii)&nbsp;pass resolutions authorizing
reorganization of our legal form, including a merger, consolidation or split of the company, dissolution and liquidation of the company,
election and dismissal of our liquidators and to examine their accounts; and (ix)&nbsp;authorize management to declare the company insolvent
and to request a <I>recupera&ccedil;&atilde;o judicial</I> or <I>recupera&ccedil;&atilde;o extrajudicial</I> (a procedure involving protection
from creditors similar in nature to a reorganization under the U.S. Bankruptcy Code), among others.</P>


<!-- Field: Page; Sequence: 106 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->101<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Redemption Rights</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our common shares are not redeemable, except that a dissenting
and adversely affected shareholder is entitled, under Brazilian Corporate Law, to obtain redemption upon a decision made at a shareholders&rsquo;
meeting by shareholders representing at least one-half of the issued and outstanding voting shares to: (i)&nbsp;create a new class of
preferred shares or to disproportionately increase an existing class of preferred shares relative to the other classes of preferred shares
(unless these actions are provided for or authorized by our bylaws); (ii)&nbsp;modify a preference, privilege or condition of redemption
or amortization conferred on one or more classes of preferred shares, or to create a new class with greater privileges than an existing
class of preferred shares; (iii)&nbsp;reduce the mandatory distribution of dividends; (iv)&nbsp;change our corporate purpose; (v)&nbsp;merge
us with another company or consolidate us; (vi)&nbsp;transfer all of our shares to another company in order to make us a wholly-owned
subsidiary of that company (<I>incorpora&ccedil;&atilde;o</I>); (vii)&nbsp;approve the acquisition of control of another company at a
price that exceeds certain limits set forth under Brazilian Corporate Law; (viii)&nbsp;approve our participation in a centralized group
of companies as defined under Brazilian Corporate Law; (ix)&nbsp;conduct a spin-off that results in (a)&nbsp;a change of corporate purpose,
(b)&nbsp;a reduction of the mandatory dividend or (c)&nbsp;any participation in a group of companies as defined under Brazilian Corporate
Law; or (x)&nbsp;in the event that the entity resulting from (a)&nbsp;a merger or consolidation, (b)&nbsp;an <I>incorpora&ccedil;&atilde;o
</I>as described above or (c)&nbsp;a spin-off of a listed company fails to become a listed company within 120&nbsp;days of the shareholders&rsquo;
meeting at which the decision was taken. The right of redemption lapses 30&nbsp;days after publication of the minutes of the relevant
shareholders&rsquo; meeting. We would be entitled to reconsider any action giving rise to redemption rights within 10&nbsp;days following
the expiration of those rights, if the redemption of shares of dissenting shareholders would jeopardize our financial stability. Law No.
9,457, dated May&nbsp;5, 1997, which amended Brazilian Corporate Law, contains provisions which, among other things, restrict redemption
rights in certain cases and allow companies to redeem their shares at their market value, subject to certain requirements. According to
Brazilian Corporate Law, the reimbursement value of the common shares must equal the book value, which is determined by dividing our net
assets by the total number of shares issued by us, excluding treasury shares (if any).</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Preemptive Rights</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Except as provided for in Brazilian Corporate Law (such
as in the case of mergers and public offerings), our bylaws allow each of our shareholders a general preemptive right to subscribe to
shares in any capital increase, in proportion to his or her ownership interest. A minimum period of 30&nbsp;days following the publication
of notice of a capital increase is allowed for the exercise of the right and the right is transferable. In the event of a capital increase
that would maintain or increase the proportion of capital represented by common shares, holders of ADSs will have preemptive rights to
subscribe only to newly issued common shares. In the event of a capital increase that would reduce the proportion of capital represented
by common shares, holders of ADSs will have preemptive rights to subscribe for common shares, in proportion to their ownership interest,
only to the extent necessary to prevent dilution of their interest in us. For more information, see &ldquo;Item 3. Key Information&mdash;3D.
Risk Factors&mdash;Risks Relating to Our Common Shares and the ADSs&mdash;Holders of ADSs may be unable to exercise preemptive rights
with respect to our common shares.&rdquo;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Form and Transfer</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As our common shares are in registered form, their transfer
is governed by the rules of Article 31, paragraph 3, of Brazilian Corporate Law, which provides that a transfer of shares is effected
by a transfer recorded in a company&rsquo;s share transfer records upon presentation of valid share transfer instructions to the company
by a transferor or its representative. When common shares are acquired or sold on a Brazilian stock exchange, the transfer is effected
in our records by a representative of a brokerage firm or the stock exchange&rsquo;s clearing system. Transfers of shares by a non-Brazilian
shareholder are made in the same way and are executed by such shareholders&rsquo; local agent.</P>


<!-- Field: Page; Sequence: 107 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->102<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The B3 operates a central clearing system. A holder of
our common shares may choose, at its discretion, to participate in this system and, in that case, all shares elected to be put into this
system will be deposited in the custody of the B3 (through a Brazilian institution duly authorized to operate by the Central Bank and
having a clearing account with the B3). The fact that those common shares are held in the custody of the B3 will be reflected in our register
of shareholders. Each participating shareholder will, in turn, be registered in our register of beneficial shareholders maintained by
the B3 and will be treated in the same way as registered shareholders.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Limitations on Ownership and Voting
Rights by Non-Brazilians Shareholders</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">There are no restrictions on ownership or voting of our
common shares by individuals or legal entities domiciled outside Brazil. However, the right to convert dividend payments and proceeds
from the sale of common shares into foreign currency and to remit those amounts outside Brazil is subject to exchange control restrictions
and foreign investment legislation which generally require, among other things, obtaining a certificate of registration under <FONT STYLE="font-family: Times New Roman,serif">CMN
Resolution 4,373 </FONT>or its direct foreign investment regulations. See &ldquo;&mdash;10D. Exchange Controls.&rdquo;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Share Ownership Disclosure</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">There are no provisions in our bylaws governing the ownership
threshold above which shareholder ownership must be disclosed. CVM regulations require the disclosure of (i) any direct or indirect acquisition
or disposition of shares that exceeds 5%, 10%, 15%, and so on, of any class of capital stock of a listed company, (ii) acquisition of
control of a listed company and (iii) ownership of shares of capital stock of a listed company by members of such company&rsquo;s board
of executive officers, board of directors, audit committee, fiscal committee (if any) and any other consulting or technical body (if any)
and certain relatives of those persons.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_047"></A>10C. Material Contracts</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">None.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_048"></A>10D. Exchange Controls</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">There are no restrictions on ownership or voting of our
common shares by individuals or legal entities headquartered or domiciled outside Brazil. However, the right to convert dividend payments
and proceeds from the sale of our common shares into foreign currency and to remit those amounts outside Brazil is subject to exchange
control restrictions and foreign investment legislation which generally require, among other things, obtaining a certificate of registration
under the CMN.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">According to CMN Resolution 4,373, foreign investors may
participate in almost all financial assets and engage in almost all transactions available in the Brazilian market, <I>provided</I> that
certain requirements are fulfilled. <FONT STYLE="font-family: Times New Roman,serif">CMN Resolution 4,373 </FONT>defines foreign investors
as individuals and legal entities, mutual funds and others collective investment entities headquartered or domiciled outside Brazil. In
accordance with <FONT STYLE="font-family: Times New Roman,serif">CMN Resolution 4,373</FONT>, a foreign investor must:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>indicate at least one representative in Brazil, with powers to practice all the actions relating to its investments;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>complete the foreign investor registration form;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>register as a foreign investor before the CVM, and register its foreign investment before the Central Bank; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>appoint a custodian, duly licensed by the Central Bank, if the Brazilian representative is not a financial institution.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><FONT STYLE="font-family: Times New Roman,serif">CMN Resolution
4,373 </FONT>specifies the manner of custody and the permitted means for trading securities held by foreign investors. The offshore transfer
or assignment of securities or other financial assets held by foreign investors pursuant to <FONT STYLE="font-family: Times New Roman,serif">CMN
Resolution 4,373 </FONT>is prohibited, except for transfers resulting from a corporate reorganization, or occurring upon the death of
an investor by operation of law or will.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt"><FONT STYLE="font-family: Times New Roman,serif">CMN Resolution
4,373 </FONT>also provides for the issuance of depositary receipts in foreign markets in respect of shares of Brazilian issuers. It provides
that (i) proceeds from the sale of ADSs by holders outside Brazil are not subject to Brazilian foreign investment controls and (ii) holders
of ADSs who are not residents of a low-tax jurisdiction (<I>pa&iacute;s com tributa&ccedil;&atilde;o favorecida</I>), as defined by Brazilian
law, are entitled to favorable tax treatment.</P>


<!-- Field: Page; Sequence: 108 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->103<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">A certificate of registration has been issued in the name
of JP Morgan Chase Bank, N.A., as our ADR depositary, and is maintained by Banco Bradesco S.A., our ADR custodian, on behalf of our ADR
depositary. Pursuant to the certificate, our ADR custodian and our ADR depositary are able to convert dividends and other distributions
with respect to our common shares represented by the ADSs into foreign currency and remit the proceeds outside Brazil. Pursuant to <FONT STYLE="font-family: Times New Roman,serif">CMN
Resolution 4,373</FONT>, in order for an investor to surrender ADSs for the purpose of withdrawing the shares represented thereby, the
investor is required to appoint a Brazilian financial institution duly authorized by the Central Bank and the CVM to act as its legal
representative, who is responsible, among other things, for keeping and updating the investors&rsquo; certificates of registrations with
the Central Bank, which entitles registered foreign investors to trade the underlying common shares directly on the B3.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">A non-Brazilian holder of common shares may experience
delays in obtaining a certificate of registration, which may delay remittances abroad. This kind of delay exposes the non-Brazilian holder
to exchange rate variation and may adversely affect the amount, in U.S. dollars, received by the non-Brazilian holder.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Under current Brazilian legislation, the Brazilian government
may impose temporary restrictions on remittances of foreign capital abroad in the event of a serious imbalance or an anticipated serious
imbalance of Brazil&rsquo;s balance of payments. See &ldquo;Item 3. Key Information&mdash;3D. Risk Factors&mdash;Risks Relating to Our
Common Shares and the ADSs&mdash; If you surrender ADSs and withdraw common shares, you risk forfeiting Brazilian tax advantages and losing
the ability to timely remit foreign currency abroad.&rdquo;</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_049"></A>10E. Taxation</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following is a summary of certain Brazilian and U.S.
federal income tax consequences of the acquisition, ownership and disposition of our common shares or the ADSs by an investor that holds
such common shares or ADSs. This summary does not purport to address all material tax consequences of the acquisition, ownership and disposition
of our common shares or the ADSs, does not take into account the specific circumstances of any particular investor and does not address
certain investors that may be subject to special tax rules.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">This summary is based on the tax laws of the United States
and Brazil, as in effect on the date of this annual report, which are subject to change (or changes in interpretation), possibly with
retroactive effect. In addition, this summary is based in part upon the representations of the ADS depositary and the assumption that
each obligation in our deposit agreement and any related agreement will be performed in accordance with its terms.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Although there is, at present, no income tax treaty between
Brazil and the United States, the tax authorities of the two countries have had discussions that may result in such a treaty. No assurance
can be given, however, as to whether or when an income tax treaty will enter into force or how it will affect the U.S. Holders, as defined
below, of our common shares or the ADSs.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Prospective investors are urged to consult their own tax
advisors regarding the Brazilian and U.S. federal, state and local tax consequences of the acquisition, ownership and disposition of our
common shares and the ADSs.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Brazilian Tax Considerations</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following discussion summarizes the principal Brazilian
tax consequences of the acquisition, ownership and disposition of common shares or ADSs by a holder that is not domiciled in Brazil for
purposes of Brazilian taxation (&ldquo;Non-Resident Holder&rdquo;). It is based on Brazilian law as currently in effect. Any change in
such law may change the consequences described below, possibly with retroactive effect. This discussion does not specifically address
all of the Brazilian tax considerations applicable to any particular Non-Resident Holder. Each Non-Resident Holder of common shares or
ADSs should consult their own tax advisor concerning the Brazilian tax consequences of an investment in our common shares or the ADSs.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">A Non-Resident Holder of ADSs may withdraw them in exchange
for our common shares in Brazil. Pursuant to Brazilian law, the Non-Resident Holder may invest in common shares under <FONT STYLE="font-family: Times New Roman,serif">CMN
Resolution 4,373</FONT> (a &ldquo;4,373 Holder&rdquo;).</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Taxation of Dividends and Interest
on Shareholders&rsquo; Equity</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Dividends, including stock dividends and other dividends,
paid by us (i)&nbsp;to the ADS depositary in respect of the common shares underlying the ADSs or (ii)&nbsp;to a Non-Resident Holder in
respect of the common shares, are currently not subject to Brazilian withholding income tax, as far as such amounts are related to profits
generated on or after January&nbsp;1, 1996. We do not have any profits generated prior to January 1, 1996.</P>


<!-- Field: Page; Sequence: 109 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->104<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Since 1996, Brazilian companies have been permitted to
pay limited amounts of interest on shareholders' equity to holders of equity securities and to treat those payments as a deductible expense
for purposes of their Brazilian income tax and social contribution on net profits tax basis. For tax purposes, this interest is limited
to the daily <I>pro rata</I> variation of the TJLP, as determined by the Central Bank from time to time, multiplied by the sum of determined
net equity accounts of the Brazilian company, and the amount of the deduction may not exceed the greater of (i) 50% of the net income
(before taking into account the amounts attributable to shareholders as interest on shareholders' equity and the provision of corporate
income tax but after the deduction of the provision of the social contribution on net profits) related to the period in respect of which
the payment is made; or (ii) 50% of the sum of retained profits and profits reserves as of the date of the beginning of the fiscal year
in respect of which the payment is made. Payments of interest on shareholders&rsquo; equity are decided by the shareholders on the basis
of the recommendations of our board of directors.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Payment of interest on shareholders&rsquo; equity to a
Non-Resident Holder is subject to withholding income tax at the rate of 15%, or 25% if the Non-Resident Holder is domiciled in a tax haven.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For this purpose, a &ldquo;tax haven&rdquo; or &ldquo;low-tax
regime&rdquo; is a country or location (i)&nbsp;that does not impose income tax, (ii)&nbsp;where the income tax rate is lower than 20%
or (iii)&nbsp;where the local legislation imposes restrictions on disclosing the shareholding composition or ownership of the investment
(each, a &ldquo;Tax Haven Jurisdiction&rdquo;). Ordinance No. 488, dated November 28, 2014, reduced to 17% the maximum income tax rate
that may be imposed by a given jurisdiction for characterization of a Tax Haven Jurisdiction, as long as the jurisdiction complies with
international tax transparency standards. Subsequently, tax authorities provided that compliance with such standards requires: (a) signature
of or conclusion of negotiation to sign a treaty or agreement allowing the exchange of information related to identification of income
beneficiaries, corporate structure, ownership of goods or rights or economic transactions and (b) commitment to the criteria defined in
international anti-tax evasion forums of which Brazil is a member. Tax authorities regularly issue a list of jurisdictions which are considered
Tax Haven Jurisdictions. This list is currently set forth in Normative Instruction No. 1,037/10, as amended.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">These payments of interest on shareholders&rsquo; equity
may be included as part of any mandatory dividend. To the extent payment of interest on shareholders&rsquo; equity is included, the company
may be required to distribute to shareholders an additional amount to ensure that the net amount received by them, after payment of the
applicable withholding income tax, <I>plus</I> the amount of declared dividends, is at least equal to the mandatory dividend.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">No assurance can be given that our board of directors
will not recommend that future distributions of income should be made by means of interest on shareholders&rsquo; equity instead of dividends.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Taxation of Gains</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Capital gains realized by Non-Resident Holders on the
disposition of common shares sold on the Brazilian stock exchange (which includes transactions carried out on the organized over-the-counter
market):</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>are exempt, when realized by a Non-Resident Holder that (i)&nbsp;is a 4,373 Holder and (ii)&nbsp;is not resident or domiciled in a
Tax Haven Jurisdiction;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>are subject to income tax at a rate of 15% in case of gains realized by (i)&nbsp;a Non-Resident Holder that (x)&nbsp;is not a 4,373
Holder and (y)&nbsp;is not resident or domiciled in a Tax Haven Jurisdiction; or (ii)&nbsp;a Non-Resident Holder that (x)&nbsp;is a 4,373
Holder and (y)&nbsp;is resident or domiciled in a Tax Haven Jurisdiction; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>are subject to income tax at a rate of 25% in case of gains realized by a Non-Resident Holder that (i)&nbsp;is not a 4,373 Holder
and (ii)&nbsp;is resident or domiciled in a Tax Haven Jurisdiction.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As a general rule, capital gains realized as a result
of a disposition transaction are the positive difference between the amount realized on the disposition of the common shares and the respective
acquisition cost.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">According to Law No. 10,833/03, the gains recognized on
a disposition of assets located in Brazil, such as our common shares, by a Non-Resident Holder, are subject to withholding income tax
in Brazil. This rule is applicable regardless of whether the disposition is conducted in Brazil or abroad and/or if the disposition is
or is not made to an individual or entity resident or domiciled in Brazil.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Withholding income tax of 0.005% will apply and can be
offset against any income tax due on the capital gain. Such withholding does not apply to a 4,373 Holder that is not resident or domiciled
in a Tax Haven Jurisdiction.</P>


<!-- Field: Page; Sequence: 110 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->105<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Any other gains realized on the disposition of common
shares that are not carried out on the Brazilian stock exchange:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>are subject to income tax at rates varying from 15% to 22.5%, depending on the total amount of gains within two consecutive fiscal
years (see table below) when realized by any Non-Resident Holder that is not resident or domiciled in a Tax Haven Jurisdiction, whether
or not such holder is a 4,373 Holder; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>are subject to income tax at a rate of 25% when realized by a Non-Resident Holder that is resident or domiciled in a Tax Haven Jurisdiction,
whether or not such holder is a 4,373 Holder.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The capital gains rates described above, varying from
15% to 22.5%, are determined according to the following table:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 26%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496"><B>Capital Gains Tax Rate</B></FONT></TD>
    <TD STYLE="width: 74%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496"><B>Threshold (total gains on the sale of the same rights within two fiscal years)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496"><B>15%</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496">Total gains below R$5 million</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496"><B>17.5%</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496">Total gains above R$5 million, but below R$10 million</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496"><B>20%</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496">Total gains above R$10 million, but below R$30 million</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496"><B>22.5%</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8.5pt; color: #2F5496">Total gains above R$30 million</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In the cases described above, if the gains are related
to transactions conducted on the Brazilian non-organized over-the-counter market with intermediation, withholding income tax of 0.005%
will also apply and can be offset against any income tax due on the capital gain.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The statutory definition of a Tax Haven Jurisdiction for
the purpose of income taxation on gains should differ depending on whether or not a holder is a 4,373 Holder. In the case of a 4,373 Holder,
the definition of Tax Haven Jurisdiction should not comprise jurisdictions where the local legislation imposes restrictions on disclosing
the shareholding composition or ownership of the investment. However, the list provided for in Normative Instruction No. 1,037/10 does
not seem to differ from the Tax Haven Jurisdiction definition for the purposes of 4,373 Holders.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Any exercise of preemptive rights relating to common shares
will not be subject to Brazilian withholding income tax. Gains realized by a Non-Resident Holder on the disposition of preemptive rights
will be subject to Brazilian income tax according to the same rules applicable to a disposition of common shares.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In the case of a redemption of common shares or a capital
reduction, the positive difference between the amount received by the Non-Resident Holder and the acquisition cost of the common shares
redeemed in&nbsp;<I>reais </I>is treated as capital gain derived from the sale or exchange of shares not carried out on a Brazilian stock
exchange market and is therefore subject to income tax at rates of up to 25%.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Sale of ADSs by U.S. Holders to Other
Non-Residents in Brazil</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As discussed above, pursuant to Law No. 10,833, the sale
of assets located in Brazil involving Non-Resident Holders is subject to Brazilian withholding income tax, regardless if the purchaser
is a Brazilian resident or not. We believe that the ADSs do not fall within the definition of assets located in Brazil for the purposes
of Law No. 10,833, and, thus, should not be subject to Brazilian withholding tax. However, due to the lack of any administrative or judicial
guidance, there is no assurance that this interpretation would prevail. If the ADSs are deemed to be assets located in Brazil, gains recognized
by a Non-Brazilian Holder from the sale or other disposition to either a non-resident or a resident in Brazil may be subject to income
tax in Brazil according to the rules described in &ldquo;&ndash;&ndash;Taxation of Gains&rdquo; above.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Gains on the Exchange of ADSs for
Common Shares</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The withdrawal of ADSs in exchange for common shares is
not subject to Brazilian income tax, assuming compliance with applicable regulation regarding the registration of the investment with
the Central Bank.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Gains on the Exchange of Common Shares
for ADSs</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The deposit of common shares in exchange for ADSs may
be subject to Brazilian withholding income tax on capital gains if the amount previously registered with the Central Bank as a foreign
investment in common shares or, in the case of other market investors under <FONT STYLE="font-family: Times New Roman,serif">CMN Resolution
4,373</FONT>, the acquisition cost of the common shares, as the case may be, is lower than:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>the average price per common share on the Brazilian stock exchange on which the greatest number of such common shares were sold on
the day of deposit; or</TD></TR></TABLE>


<!-- Field: Page; Sequence: 111 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->106<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>if no common shares were sold on that day, the average price on the Brazilian stock exchange on which the greatest number of common
shares were sold during the 15 preceding trading sessions.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">The difference between the amount previously registered,
or the acquisition cost, as the case may be, and the average price of the common shares, calculated as set forth above, is considered
a capital gain subject to income tax at rates up to 25%. In some circumstances, there may be arguments that this tax treatment is not
applicable in the case of 4,373 Holders that are not located in a Tax Haven Jurisdiction.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Tax on Financial Transactions</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The Tax on Financial Transactions<I>&nbsp;</I>(<I>Imposto
sobre Opera&ccedil;&otilde;es de Cr&eacute;dito, C&acirc;mbio e Seguro ou relativas a T&iacute;tulos ou Valores Mobili&aacute;rios</I>),
or &ldquo;IOF,&rdquo; is imposed on foreign exchange, securities, credit and insurance transactions.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">IOF on Foreign Exchange Transactions</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Tax on foreign exchange transactions, or &ldquo;IOF/Exchange,&rdquo;
may be levied on foreign exchange transactions (conversion of foreign currency in&nbsp;<I>reais </I>and conversion of&nbsp;<I>reais </I>into
foreign currency), affecting either or both the inflow or outflow of investments. Currently, the general IOF/Exchange rate applicable
to foreign exchange transactions is 0.38%.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The Brazilian government may increase the rate of the
IOF/Exchange to a maximum rate of 25% of the amount of the foreign exchange transaction at any time, but such an increase will only apply
in respect of future foreign exchange transactions. Currently, for most foreign exchange transactions related to investments in common
shares, the IOF/Exchange rate is zero.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">IOF on Bonds and Securities Transactions</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">IOF may also be levied on transactions involving bonds
and securities, or &ldquo;IOF/Securities&rdquo;, including those carried out on Brazilian stock, futures or commodities exchanges. The
rate of the IOF/Securities applicable to most transactions involving common shares is currently zero. The Brazilian government may increase
the rate of the IOF/Exchange up to 1.5% per day at any time, but such an increase will only apply in respect of future transactions.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Other Brazilian Taxes</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">There are no Brazilian inheritance, gift or succession
taxes applicable to the ownership, transfer or disposition of common shares or ADSs by a Non-Resident Holder, except for gift and inheritance
taxes which are levied by some states of Brazil on gifts made or inheritances bestowed by individuals or entities not resident or domiciled
in Brazil to individuals or entities resident or domiciled within that state in Brazil. There are no Brazilian stamp, issue, registration
or similar taxes or duties payable by holders of common shares or ADSs.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">U.S. Federal Income
Tax Considerations</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The summary discussion below is applicable to you only
if you are a &ldquo;U.S. Holder&rdquo; or a &ldquo;Non-U.S. Holder&rdquo; (both as defined below) that holds the common shares or ADSs
as &ldquo;capital assets&rdquo; (generally property held for investment) within the meaning of Section 1221 of the&nbsp;U.S. Internal
Revenue Code of 1986, as amended (the &ldquo;Code&rdquo;). This summary is based upon the Code, its legislative history, U.S. Treasury
Department regulations, administrative pronouncements of the U.S. Internal Revenue Service (the &ldquo;IRS&rdquo;) and judicial decisions,
all as in effect on the date hereof, and all of which are subject to change (possibly with retroactive effect) and to differing interpretations.
This summary does not describe any implications under state, local or non-U.S. tax law, or any aspect of U.S. federal tax law (such as
estate tax, gift tax, alternative minimum tax or Medicare tax on net investment income) other than U.S. federal income taxation.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">This summary does not purport to address all the material
U.S. federal income tax consequences that may be relevant to the holders of our common shares or the ADSs, and does not take into account
the specific circumstances of any particular investors, some of which (such as tax-exempt entities, banks or other financial institutions,
insurance companies, dealers in securities or currencies, traders in securities that elect to use a mark-to-market method of accounting
for their securities holdings, regulated investment companies, real estate investment trusts, partnerships and other pass-through entities,
U.S. expatriates, investors that own, have owned or are treated as owning, directly, indirectly or constructively 10% or more of our stock
by vote or value, &ldquo;controlled foreign corporations&rdquo;, certain investors who file applicable financial statements required to
recognize income when the associated revenue is reflected on such financial statements, investors that hold our common shares or the ADSs as part of a straddle, hedge, conversion or constructive
sale transaction or other integrated transaction and persons whose functional currency is not the U.S. dollar) may be subject to special
tax rules.</P>


<!-- Field: Page; Sequence: 112 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->107<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">For purposes of this discussion, a U.S. Holder is any
beneficial owner of common shares or ADSs that is (i)&nbsp;an individual who is a citizen or resident of the United States, (ii)&nbsp;a
corporation (or other entity taxable as a corporation for U.S. federal income tax purposes) organized under the laws of the United States,
any state thereof or the District of Columbia, (iii)&nbsp;an estate the income of which is subject to U.S. federal income tax without
regard to its source, or (iv)&nbsp;a trust if a U.S. court is able to exercise primary supervision over administration of the trust and
one or more U.S. persons have authority to control all substantial decisions of the trust or if the trust validly elects under applicable
U.S. Treasury Department regulations to be taxed as a U.S. person. A &ldquo;Non-U.S. Holder&rdquo; is any beneficial owner of common shares
or ADSs that is an individual, corporation, estate or trust who is neither a U.S. Holder nor a partnership for U.S. federal income tax
purposes.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">If a partnership (or any other entity taxable as a partnership
for U.S. federal income tax purposes) holds our common shares or the ADSs, the U.S. federal tax treatment of a partner will generally
depend upon the status of the partner and upon the activities of the partnership. A prospective investor who is a partner of a partnership
holding our common shares or the ADSs should consult its own tax advisor.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In general, for U.S. federal income tax purposes, holders
of ADRs evidencing ADSs will be treated as the owners of the common shares represented by those ADSs, and exchanges of common shares for
ADSs, and ADSs for common shares, will not be subject to U.S. federal income tax.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Taxation of Dividends</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">U.S. Holders</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Under the U.S. federal income tax laws, and subject to
the passive foreign investment company (&ldquo;PFIC&rdquo;) rules discussed below, U.S. Holders will include in gross income, as dividend
income, the gross amount of any distribution paid by us (including (i) payments considered &ldquo;interest&rdquo; in respect of shareholders&rsquo;
equity under Brazilian law and (ii) amounts withheld in respect of Brazilian taxes and (iii)&nbsp;any additional amounts payable in respect
of such withholding taxes as described above under &ldquo;&ndash;&ndash;Brazilian Tax Considerations&mdash;Taxation of Dividends and Interest
on Shareholders&rsquo; Equity&rdquo;) out of our current or accumulated earnings and profits (as determined for U.S. federal income tax
purposes) when the distribution is actually or constructively received by the U.S. Holder, in the case of common shares, or by the ADS
depositary, in the case of ADSs. Distributions in excess of current and accumulated earnings and profits, as determined under U.S. federal
income tax principles, will be treated as a non-taxable return of capital to the extent of the U.S. Holder&rsquo;s adjusted tax basis
in the common shares or the ADSs and thereafter as capital gain, which will be either long-term or short-term capital gain depending on
whether the U.S. holder held common shares or ADSs for more than one year. We do not intend to maintain calculations of our earnings and
profits under U.S. federal income tax principles and, unless and until such calculations are made, U.S. Holders should assume all distributions
are made out of earnings and profits and constitute dividend income.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The dividend income will not be eligible for the dividends-received
deduction generally allowed to U.S. corporations in respect of dividends received from other U.S. corporations. Subject to certain exceptions
for short-term and hedged positions, certain non-corporate U.S. Holders (including individuals) may qualify for a maximum 20% rate of
tax in respect of &ldquo;qualified dividend income&rdquo; received. Dividend&nbsp;income with respect to the ADSs will be qualified dividend
income, <I>provided</I> that, in the year that a non-corporate U.S. Holder receives the dividend, the ADSs are readily tradable on an
established securities market in the United States, and we were not in the year prior to the year in which the dividend was paid, and
are not in the year in which the dividend is paid, a PFIC. Based on existing IRS&nbsp;guidance, it is not entirely clear whether dividends
received with respect to our common shares not held through ADSs will be treated as qualified dividend income, because our common shares
are not themselves listed on a U.S. exchange.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The amount of the dividend distribution includible in
gross income of a U.S. Holder will be the U.S. dollar value of the <I>real </I>payments made, determined at the spot&nbsp;<I>real</I>/U.S.
dollar rate on the date such dividend distribution is includible in the gross income of the U.S. Holder, regardless of whether the payment
is in fact converted into U.S. dollars. A U.S. Holder should not recognize any foreign currency gain or loss in respect of such dividend
if such <I>reais</I> are converted into U.S. dollars on the date received by the U.S. Holder. If the <I>reais </I>are not converted into
U.S. dollars on the date of receipt, however, gain or loss may be recognized upon a subsequent sale or other disposition of the <I>reais</I>.
Such foreign currency gain or loss, if any, will be treated as ordinary income or loss from sources within the United States and will
not be eligible for the special tax rate applicable to qualified dividend income. U.S. Holders should consult with their own tax advisors
regarding the treatment of any foreign currency gain or loss if any <I>reais</I> received
as a dividend on our common shares or the ADSs is not converted into U.S. dollars on the date of receipt.</P>


<!-- Field: Page; Sequence: 113 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->108<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Dividends received by most U.S. holders will constitute
foreign source &ldquo;passive income&rdquo; for foreign tax credit purposes. For purposes of the U.S. foreign tax credit limitation, foreign
source income is separated into different &ldquo;baskets,&rdquo; and the credit for foreign taxes on income in any basket is limited to
the U.S. federal income tax allocable to such income. Subject to limitations under U.S. federal income tax law concerning credits or deductions
for foreign income taxes and certain exceptions for short-term and hedged positions, any Brazilian income tax withheld from dividends
paid by us would be treated as foreign income tax eligible for credit against a U.S. Holder&rsquo;s U.S. federal income tax liability
(or at a U.S. Holder&rsquo;s election, may be deducted in computing taxable income if the U.S. Holder has elected to deduct all foreign
income taxes paid or accrued for the relevant taxable year). The rules with respect to foreign tax credits are complex and U.S. Holders
are urged to consult their own tax advisors regarding the availability of the foreign tax credit under their particular circumstances.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The U.S. Treasury Department has expressed concern that
intermediaries in connection with depositary arrangements may be taking actions that are inconsistent with the claiming of foreign tax
credits by U.S. persons who are holders of depositary shares. Accordingly, investors should be aware that the discussion above regarding
the availability of foreign tax credits for Brazilian income tax withheld from dividends paid with respect to common shares represented
by ADSs could be affected by future action taken by the U.S. Treasury Department.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Distributions of additional common shares to U.S. Holders
with respect to their common shares or ADSs that are made as part of a <I>pro rata</I> distribution to all our shareholders generally
will not be subject to U.S. federal income tax.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Non-U.S. Holders</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Dividends paid to a Non-U.S. Holder in respect of common
shares or ADSs will not be subject to U.S. federal income tax unless those dividends are effectively connected with the conduct of a trade
or business within the United States by the Non-U.S. Holder (or are attributable to a permanent establishment maintained in the United
States by the Non-U.S. Holder, if an applicable income tax treaty so requires as a condition for the Non-U.S. Holder to be subject to
U.S. taxation on a net income basis in respect of income from common shares or ADSs), in which case the Non-U.S. Holder generally will
be subject to U.S. federal income tax in respect of the dividends in the same manner as a U.S. Holder. Any such effectively connected
dividends received by a corporate Non-U.S. Holder may also, under certain circumstances, be subject to an additional &ldquo;branch profits
tax&rdquo; (at a 30% rate or at a reduced rate as may be specified by an applicable income tax treaty).</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Taxation of Capital Gains</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">U.S. Holders</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Subject to the PFIC rules discussed below, upon a sale,
redemption or other taxable disposition of common shares or ADSs, a U.S. Holder will recognize gain or loss for U.S. federal income tax
purposes in an amount equal to the difference between the U.S. dollar value of the amount realized (before deduction of any Brazilian
tax) and the U.S. Holder&rsquo;s adjusted tax basis (determined in U.S. dollars) in the common shares or ADSs. Generally, a non-corporate
U.S. Holder&rsquo;s gain or loss may be subject to preferential rates where the property is held for more than one year. The deductibility
of capital losses is subject to limitations under the Code.<FONT STYLE="font-size: 12pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Capital gain or loss, if any, realized by a U.S. Holder
on the sale, exchange or other taxable disposition of common shares or ADSs generally will be treated as U.S. source gain or loss for
U.S. foreign tax credit purposes. Consequently, in the case of a gain from the disposition of a share or ADS that is subject to Brazilian
income tax (see &ldquo;&mdash;Brazilian Tax Considerations&mdash;Taxation of Gains&rdquo;), the U.S. Holder may not be able to benefit
from the foreign tax credit for that Brazilian income tax (<I>i.e.</I>, because the gain from the disposition would be U.S. source income),
unless the U.S. Holder can apply the credit against U.S. federal income tax payable on other income from foreign sources from the relevant
foreign tax basket. Alternatively, the U.S. Holder may be able to take a deduction for the Brazilian income tax if it does not elect to
claim a foreign income tax credit for any foreign taxes paid or accrued during the taxable year.</P>


<!-- Field: Page; Sequence: 114 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->109<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Non-U.S. Holders</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">A Non-U.S. Holder will not be subject to U.S. federal
income tax in respect of gain recognized on a sale, exchange or other taxable disposition of common shares or ADSs unless:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>the gain is effectively connected with a trade or business of the Non-U.S. Holder in the United States (or is attributable to a permanent
establishment maintained in the United States by that Non-U.S. Holder, if an applicable income tax treaty so requires as a condition for
that Non-U.S. Holder to be subject to U.S. taxation on a net income basis in respect of gain from the sale or other disposition of the
common shares or ADSs); or</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>in the case of a Non-U.S. Holder who is an individual, that Non-U.S. Holder is present in the United States for 183 or more days in
the taxable year of the sale and certain other conditions apply.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Effectively connected gains realized by a corporate Non-U.S.
Holder may also, under certain circumstances, be subject to an additional branch profits tax (at a 30% rate or at a reduced rate as may
be specified by an applicable income tax treaty).</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Passive Foreign Investment Companies</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Based on current estimates of our gross income, gross
assets and the nature of our business, we believe that our common shares and the ADSs should not be treated as stock of a PFIC for U.S.
federal income tax purposes. There can be no assurances in this regard (and it is possible the IRS could reach a contrary conclusion),
however, because the application of the relevant rules is complex and involves some uncertainty. The PFIC determination is made annually
and is based on the portion of our assets and income that is characterized as passive under the PFIC rules. Moreover, our business plans
may change, which may affect the PFIC determination in the current or any future years.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In general, we will be a PFIC with respect to a U.S. Holder
if, for any taxable year in which the U.S. Holder held ADSs or common shares, either (i)&nbsp;at least 75% of our gross income for the
taxable year is passive income or (ii)&nbsp;at least 50% of the value (determined on the basis of a quarterly average) of our assets is
attributable to assets that produce or are held for the production of passive income. For this purpose, passive income generally includes,
among other things, dividends, interest, royalties, rents (other than certain rents and royalties derived in the active conduct of a trade
or business), annuities and gains from assets that produce passive income. If a non-U.S. corporation owns at least 25% by value of the
stock of another corporation, the non-U.S. corporation is treated for purposes of the PFIC tests as owning its proportionate share of
the assets of the other corporation, and as receiving directly its proportionate share of the other corporation&rsquo;s income.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">If we are treated as a PFIC, a U.S. Holder that did not
make a &ldquo;mark-to-market election&rdquo; or &ldquo;QEF election,&rdquo; each as described below, would be subject to special rules
with respect to (a)&nbsp;any gain realized on the sale or other disposition of common shares or ADSs and (b)&nbsp;any &ldquo;excess distribution&rdquo;
by us to the U.S. Holder (generally, any distributions to the U.S. Holder in respect of the common shares or ADSs during a single taxable
year that are greater than 125% of the average annual distributions received by the U.S. Holder with respect to the common shares or ADSs
during the three preceding taxable years or, if&nbsp;shorter, the U.S. Holder&rsquo;s holding period for the common shares or ADSs). Under
these rules, (i)&nbsp;the gain or excess distribution would be allocated ratably over the U.S. Holder&rsquo;s holding period for the common
shares or ADSs, (ii)&nbsp;the amount allocated to the taxable year in which the gain or excess distribution was realized would be taxable
as ordinary income, (iii)&nbsp;the amount allocated to each prior year, with certain exceptions, would be subject to tax at the highest
tax rate in effect for that year and (iv)&nbsp;the interest charge generally applicable to underpayments of tax would be imposed in respect
of the tax attributable to each such prior year.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">If we are treated as a PFIC and, at any time, we invest
in non-U.S. corporations that are classified as PFICs (each, a &ldquo;Subsidiary PFIC&rdquo;), U.S. Holders generally will be deemed to
own, and also would be subject to the PFIC rules with respect to, their indirect ownership interest in that Subsidiary PFIC. If we are
treated as a PFIC, a U.S. Holder could incur liability for the deferred tax and interest charge described above if either (i)&nbsp;we
receive a distribution from, or dispose of all or part of our interest in, the Subsidiary PFIC or (ii)&nbsp;the U.S. Holder disposes of
all or part of its common shares or ADSs.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The special PFIC tax rules described above will not apply
to a U.S. Holder if the U.S. Holder makes an election (i)&nbsp;to &ldquo;mark-to-market&rdquo; with respect to the common shares or ADSs
(a &ldquo;mark-to-market election&rdquo;) or (ii)&nbsp;to have us treated as a &ldquo;qualified electing fund&rdquo; (a &ldquo;QEF election&rdquo;).
The QEF election is not available to holders unless we agree to comply with certain reporting requirements and provide the required annual
information statements. The QEF and mark-to-market elections only apply to taxable years in which the U.S. Holder&rsquo;s common shares
or ADSs are treated as stock of a PFIC. Our ADR depositary has agreed to distribute the necessary information to registered holders of
ADSs.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">A U.S. Holder may make a mark-to-market election if the
common shares or ADSs are &ldquo;regularly traded&rdquo; on a &ldquo;qualified exchange.&rdquo; Under applicable U.S. Treasury Department
regulations, a &ldquo;qualified exchange&rdquo; includes a national securities exchange, such as the NYSE, that is registered
with the SEC or the national market system established under the Exchange Act. Also, under applicable U.S. Treasury Department Regulations,
PFIC securities traded on a qualified exchange are regularly traded on such exchange for any calendar year during which such stock is
traded, other than in&nbsp;<I>de minimis</I>&nbsp;quantities, on at least 15&nbsp;days during each calendar quarter. We cannot assure
you that the ADSs will be eligible for a mark-to-market election.</P>


<!-- Field: Page; Sequence: 115 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->110<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">A U.S. Holder that makes a mark-to-market election with
respect to its ADSs must include for each taxable year in which the U.S. Holder&rsquo;s common shares or ADSs are treated as shares of
a PFIC, as ordinary income, an amount equal to the excess of the fair market value of the common shares or ADSs at the close of the taxable
year over the U.S. Holder&rsquo;s adjusted tax basis in the common shares or ADSs, and is allowed an ordinary loss for the excess, if
any, of the adjusted tax basis over the fair market value of the common shares or ADSs at the close of the taxable year, but only to the
extent of the amount of previously included mark-to-market inclusions (not offset by prior mark-to-market losses). These amounts of ordinary
income, and any gain recognized on the sale, redemption or other taxable disposition of an ADS with respect to which such an election
is in place, will not be eligible for the favorable tax rates applicable to qualified dividend income or long-term capital gains. A U.S.
Holder&rsquo;s tax basis in the common shares or ADSs will be adjusted to reflect any income or loss amounts on its annual inclusions.
Although a U.S. Holder may be eligible to make a mark-to-market election with respect to its common shares or ADSs, no such election may
be made with respect to the stock of any Subsidiary PFIC that such U.S. Holder is treated as owning, because such Subsidiary PFIC stock
is not marketable. Thus, the mark-to-market election will not be effective to avoid all of the adverse tax consequences described above
with respect to any Subsidiary PFICs. U.S. Holders should consult their own tax advisors regarding the availability and advisability of
making a mark-to-market election with respect to their common shares of ADSs based on their particular circumstances.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">A U.S. Holder that makes a QEF election will be currently
taxable on its <I>pro rata</I> share of our ordinary earnings and net capital gain (at ordinary income and long-term capital gain rates,
respectively) for each of our taxable years, regardless of whether we distributed the income and gain. The U.S. Holder&rsquo;s basis in
the common shares or ADSs will be increased to reflect taxed but undistributed income. Distributions of income that had previously been
taxed will result in a corresponding reduction of tax basis in the common shares or ADSs and will not be taxed again as a distribution
to the U.S. Holder.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In addition, notwithstanding any election that a U.S.
Holder makes with regard to the common shares or ADSs, dividends that a non-corporate U.S. Holder receives from us will not constitute
qualified dividend income if we are a PFIC either in the taxable year of the distribution or in the preceding taxable year.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Special rules apply with respect to the calculation of
the amount of the foreign tax credit with respect to excess distributions by a PFIC or, in certain cases, QEF inclusions.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">A U.S. Holder who owns common shares or ADSs during any
taxable year that we are a PFIC in excess of certain <I>de minimis</I> amounts and fails to qualify for certain other exemptions would
be required to file IRS Form 8621. In addition, under certain circumstances, the temporary regulations also require a &ldquo;United States
person&rdquo; (as such term is defined in the Code) that owns an interest in a PFIC as an indirect shareholder through one or more United
States persons to file Form 8621 for any taxable year during which such indirect shareholder is treated as receiving an excess distribution
in connection with the ownership or disposition of such interest, or reports income pursuant to a mark-to-market or QEF election, among
other circumstances. U.S. holders should consult their own tax advisors regarding the application of the PFIC rules to the common shares
or ADSs.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Backup Withholding and Information
Reporting</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">U.S. Holders</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Dividends paid on, and proceeds from the sale, redemption
or other taxable disposition of common shares or ADSs received by a U.S. Holder generally will be subject to information reporting and
backup withholding, unless, in the case of backup withholding, the U.S. Holder provides an accurate taxpayer identification number or
in either case otherwise establishes an exemption. Backup withholding is not an additional tax. The amount of any backup withholding collected
from a payment to a U.S. Holder will be allowed as a credit against the U.S. Holder&rsquo;s U.S. federal income tax liability and may
entitle the U.S. Holder to a refund, provided that certain required information is timely furnished to the IRS.</P>

<P STYLE="font: italic 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Non-U.S. Holders</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">If common shares are held by a Non-U.S. Holder through
the non-U.S. office of a non-U.S. related broker or financial institution, backup withholding and information reporting generally would
not be required.</P>


<!-- Field: Page; Sequence: 116 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->111<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt">Information reporting, and possibly backup withholding, may apply if the
common shares are held by a Non-U.S. Holder through a U.S., or U.S.-related, broker or financial institution, or the U.S. office of a
non-U.S. broker or financial institution and the Non-U.S. Holder fails to provide appropriate information. Information reporting and backup
withholding generally will apply with respect to the ADSs if the Non-U.S. Holder fails to timely provide appropriate information. Non-U.S.
Holders should consult their tax advisors regarding the application of these rules.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">&ldquo;Specified Foreign Financial
Asset&rdquo; Reporting</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Owners of &ldquo;specified foreign financial assets&rdquo;
with an aggregate value in excess of US$50,000 (and in some circumstances, a higher threshold) may be required to file an information
report with respect to such assets with their U.S. federal income tax returns. &ldquo;Specified foreign financial assets&rdquo; generally
include any financial accounts maintained by non-U.S. financial institutions as well as any of the following, but only if they are not
held in accounts maintained by financial institutions: (i) stocks and securities issued by non-U.S. persons, (ii) financial instruments
and contracts held for investment that have non-U.S. issuers or counterparties and (iii) interests in non-U.S. entities.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Prospective purchasers should consult their own tax advisors
regarding the application of the U.S. federal income tax laws to their particular situations as well as any additional tax consequences
resulting from purchasing, holding or disposing of our common shares or the ADSs, including the applicability and effect of the tax laws
of any state, local or foreign jurisdiction, including estate, gift and inheritance laws.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_050"></A>10F. Dividends and Paying Agents</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Not applicable.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_051"></A>10G. Statement by Experts</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Not applicable.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_052"></A>10H. Documents on Display</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are subject to the information requirements of the
Exchange Act and, accordingly, file reports and other information with the SEC. Reports and other information filed by us with the SEC
may be inspected and copied at the public reference facilities maintained by the SEC at 100 F Street, N.E., Washington, D.C. 20549. You
can obtain further information about the operation of the Public Reference Room by calling the SEC at +1 (800) SEC-0330. Our SEC filings
are also available to the public from the SEC&rsquo;s website at <I>http://www.sec.gov</I>. You may also inspect our reports and other
information at the offices of the NYSE, 11 Wall Street, New York, New York 10005, on which the ADSs are listed. For further information
on obtaining copies of our public filings at the NYSE, you should call +1 (212) 656-5060. We also file financial statements and other
periodic reports with the CVM.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_053"></A>10I. Subsidiary Information</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Not applicable.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><A NAME="a_054"></A>Item 11. Quantitative
and Qualitative Disclosures About Market Risk</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are exposed to a number of different market risks arising
from our normal business activities. Market risk is the possibility that changes in interest rates, currency exchange rates or commodities
prices could adversely affect the value of our financial assets, liabilities, expected future cash flows or earnings. We maintain policies
aimed at managing our exposure to these market risks. We may use financial instruments, such as derivatives, in order to achieve the main
goals established by our board of directors to minimize our cost of capital and maximize our returns on financial assets, while observing
credit and risk parameters, as determined by our board of directors. Derivatives are contracts whose value derives from one or more underlying
financial instruments, indexes or prices defined in the contract. We only use well-understood and conventional derivative instruments
for these purposes. These include futures and options traded on regulated exchanges and &ldquo;over-the-counter&rdquo; swaps, options
and forward contracts.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Market Risk Exposures
and Market Risk Management</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our treasury department is responsible for managing our
market risk exposures. We use internal controls in order to:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>understand market risks;</TD></TR></TABLE>


<!-- Field: Page; Sequence: 117 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->112<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>reduce our probability of financial losses; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>reduce the volatility of our financial results.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The principal tools used by our treasury department are:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><I>Sensitivity Analysis</I>. This measures the impact that movements in the price of different market variables, such as interest
rates and exchange rates, will have an our earnings and cash flows; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><I>Stress Testing.</I> This measures the worst possible loss from a set of consistent scenarios to which probabilities are not assigned.
The scenarios are deliberately chosen to include extreme changes in interest and currency exchange rates.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Following is a discussion of the primary market risk exposures
that we face together with an analysis of our exposure to each one.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Interest Rate Risk</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are exposed to interest rate risk on short- and long-term
instruments as a result of refinancing of fixed-rate instruments included in our consolidated debt. Consequently, in addition to managing
the currency and maturity of our debt, we manage interest costs through a balance between floating rate debt, which has inherently higher
risk, and fixed-rate debt. We may use derivatives to achieve the desired ratio between floating-rate debt and fixed-rate debt, which ratio
varies according to market conditions.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are exposed to the following floating interest rates:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>U.S. dollar LIBOR, due to our floating rate U.S. dollar-denominated debt (usually trade finance related) and our cash position held
offshore in U.S. dollars, which is invested in short-term instruments;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>TJLP, due to <I>real</I>-denominated debt indexed to this interest rate; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>CDI (benchmark Brazilian <I>real </I>overnight rate), due to our cash held in Brazil (onshore cash) and to our CDI indexed debt.</TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="11" STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Maturities</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="width: 124px; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; color: #2F5496"><B>Exposure as of December 31,&nbsp;2020*</B></P>
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center; color: #2F5496"><B>&nbsp;(amortization) </B></P></TD>
    <TD STYLE="width: 26px; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 82px; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Notional amount</B></FONT></TD>
    <TD STYLE="width: 26px; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2021</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2022</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2023</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2024</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2025</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: -5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Thereafter</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>U.S. dollar LIBOR</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">4,577</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1,120</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2,612</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">689</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">156</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>U.S. dollar fixed rate</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">20,293</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">395</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">7</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">4,814</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">6</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">15,070</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>CDI</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">9,022</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2,177</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2,695</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2,975</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1,174</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>TJLP</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">817</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">62</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">55</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">53</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">65</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">69</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">514</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Other</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">663</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">402</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">173</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">71</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">16</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 18pt; text-indent: -18pt">*All figures in millions of <I>reais</I>.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">Our cash and cash equivalents were as follows:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 34%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 3%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 19%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>December 31,&nbsp;2020 </B></FONT></TD>
    <TD STYLE="width: 3%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 19%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>December 31,&nbsp;2019 </B></FONT></TD>
    <TD STYLE="width: 3%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 19%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Exposure </B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Cash in <I>reais</I>: </B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">6,484</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">697</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">CDI&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Cash in U.S. dollars: </B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">3,461</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">392</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">LIBOR&nbsp;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>





<!-- Field: Page; Sequence: 118 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->113<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table sets forth the average interest rate
of our borrowings and financing:</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="white-space: nowrap; width: 26%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 4%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 31%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 4%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 35%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Consolidated</B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>As of December 31, 2020</B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Average interest rate<SUP>(*)</SUP></B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center"><B>Total debt</B></P>
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0; text-align: center"><I>(in thousands of R$)</I></P></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">US$</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="text-align: center; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">6.63%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">24,901,552</FONT></TD></TR>

<TR>
    <TD STYLE="white-space: nowrap; width: 26%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">R$</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 4%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: center; white-space: nowrap; width: 31%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">2.82%</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 4%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 35%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">9,998,586</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">EUR</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="text-align: center; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1.50%</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">470,473</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 2.25pt double; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>35,370,611</B></FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">_______________________</TD><TD></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(*)</TD><TD>In order to determine the average interest rates for our borrowings and financing agreements with floating rates, we used rates as
of December 31, 2020.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We may conduct U.S. dollar futures operations on the B3
to ensure the forward purchase or sale of U.S. dollars, which are settled by the difference in contracted R$/US$ buy or sell parity against
the R$/US$ sell or buy parity, defined by the future U.S. dollar contracts traded on the B3 with daily adjustments and exchange swap agreements.
The main purpose of these operations is to hedge liabilities indexed to the U.S. dollar from Brazilian <I>real </I>fluctuations, which
are affected by market, economic, political, regulatory and geopolitical conditions, among others. The gains and losses from these contracts
are directly related to U.S. dollar exchange and CDI fluctuations. The following tables set forth the duration of our U.S. dollar and
fixed-rate derivatives:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="width: 44%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>December 31, 2020</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 2%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 12%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 2%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 12%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 2%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 12%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 2%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 12%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: rgb(217,225,242)">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>(in millions, unless otherwise indicated)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Functional Currency</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Notional Amount</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Average Interest</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Average Maturity (days)</B></FONT></TD></TR>
  <TR STYLE="background-color: rgb(217,225,242)">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>DI future</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><I>Real </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">-</FONT></TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: rgb(217,225,242)">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Hedge accounting of export</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">U.S. dollar </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,992</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">- </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: rgb(217,225,242)">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Hedge accounting net investment</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Euro </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">- </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: rgb(217,225,242)">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>CDI-to-U.S. dollar swap</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">U.S. dollar </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">67</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">- </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: rgb(217,225,242)">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Fixed rate-to-CDI interest rate swap</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><I>Real </I></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&ndash;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">- </FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt"><B>&nbsp;</B></P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Foreign Currency Exchange
Rate Risk</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Fluctuations in exchange rates can have significant effects
on our operating results. They affect the value of our <I>real</I>-denominated assets, the carrying and repayment costs of our <I>real</I>-denominated
financial liabilities, our <I>real</I>-denominated production costs, the cost of <I>real</I>-denominated capital items and the prices
we receive in the Brazilian market for our finished steel products. We may contract derivatives to manage certain of our net foreign exchange
rate exposures, trying to balance our non-<I>real </I>denominated assets with our non-<I>real </I>denominated liabilities and using derivative
instruments to match them. However, at any given time we may have significant foreign currency exchange rate risk exposure.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our exposure to the U.S. dollar is due to the following
contract categories:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>U.S. dollar-denominated debt;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>offshore cash;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>currency derivatives;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>U.S. dollar indexed accounts payable and receivable (usually related to international trade, <I>i.e.</I>, imports and exports); and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>offshore investments, which comprise assets purchased offshore and denominated in U.S. dollars on our balance sheet.</TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 45%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 3%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 26%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>December&nbsp;31, 2019 </B></FONT></TD>
    <TD STYLE="width: 26%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>December&nbsp;31, 2020&nbsp;</B></FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">U.S. dollar liabilities </FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Loans and financing&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">4,097</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">4,812 </FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Trade accounts payable&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">69</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">140</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Others</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">3</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">9</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Total liabilities</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>4,169</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>4,961</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">U.S. dollar assets</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Offshore cash and cash equivalents</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">105</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">665</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Guarantee margin</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">24</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Trade accounts receivable</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">346</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">387</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Other</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">4</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">9</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Total assets</B></FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>455</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1,085</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Total U.S. dollar exposure</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>(3,714)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>(3,876)</B></FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 119 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->114<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD STYLE="vertical-align: top; width: 45%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 3%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 26%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; width: 26%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Cash flow &ndash; hedge accounting</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2,531</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">3992</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Exchange rate swap CDI x Dollar</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">67</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">(67)</FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Total U.S. dollar net exposure</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>(1,116)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>49</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Perpetual bonds</FONT></TD>
    <TD STYLE="vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>1,000</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>-</B></FONT></TD></TR>
  <TR STYLE="background-color: #D0DBF0">
    <TD STYLE="vertical-align: top; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Total U.S. dollar net exposure, excluding perpetual bonds</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>(116)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>49</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our exposure to the euro is due to the following contract
categories:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>euro-denominated debt;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>offshore cash;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>euro indexed accounts payable and receivable (usually related to international trade, <I>i.e.</I>, imports and exports); and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>offshore investments: assets that we bought offshore and that are denominated in euros on our balance sheet.</TD></TR></TABLE>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 48%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>&nbsp;&#9;</B></FONT></TD>
    <TD STYLE="width: 3%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 27%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>December&nbsp;31, 2019 </B></FONT></TD>
    <TD STYLE="width: 22%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>December&nbsp;31, 2020 </B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Euro liabilities</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Loans and financing</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">24</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Trade accounts payable</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">10</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">9</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Others</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Total liabilities</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>35</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">10</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Euro assets</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Offshore cash and cash equivalents</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">11</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">13</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Trade accounts receivable</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">3</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Intercompany loans</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Advances to suppliers</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Other</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">5</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">4</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Total assets</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>9</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>20</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Total euro exposure</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>(49)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>(10)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Derivative notional</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Investment &ndash; hedge accounting</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">24</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">Perpetual bonds</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Total euro net exposure, excluding perpetual bonds&nbsp;</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>6</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>10</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Offshore Investments</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We have capitalized our offshore subsidiaries domiciled
in U.S. dollar-based countries with equity investments, and those investments are accounted as U.S. dollar investments. The result is
that they are recorded as assets indexed to the U.S. dollar from an earnings perspective.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Commodity Price Risk</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Fluctuations in the price of steel, iron ore and some
of the commodities used in producing steel, such as zinc, aluminum, tin, coal, coke and energy, can have an impact on our earnings. We
may contract derivatives to hedge our exposure to certain commodity price fluctuations.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Sensitivity Analysis</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In the Brazilian macroeconomic environment, exchange rate
variation is the most significant market risk we face. The U.S. dollar/<I>real</I> exchange had an annual volatility of approximately
15.2% from 2018 to 2020.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Sensitivity Analysis of Derivative
Financial Instruments and Foreign Exchange Exposure</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Scenarios 1 and 2 represent 25% and 50% appreciation of
the foreign currency, using the respective closing selling rate as of December 31, 2020, as reported by the Central Bank, as a benchmark.</P>



<!-- Field: Page; Sequence: 120 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->115<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The currencies used in the sensitivity analysis and the
respective scenarios are as follows:</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; width: 12%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 11%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 11%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 11%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 11%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 11%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 11%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 11%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 11%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>December 31, 2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Currency</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Exchange rate</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Probable scenario</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Scenario 1</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Scenario 2</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>U.S. dollar to <I>real</I></B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">5.1967</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">5.2617</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">6.4959</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">7.7951</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Euro to <I>real</I></B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">6.3779</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">6.3867</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">7.9724</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">9.5669</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>U.S. dollar to euro</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1.2271</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1.2124</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1.5339</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1.8407</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: right; font-family: Calibri,sans-serif"></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Set forth below are the effects on our income statement
of scenarios 1 and 2:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; width: 34%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">&nbsp;(in thousands of <I>RS</I>)&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 11%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 2%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 6%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 2%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 12%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 2%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 12%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 2%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 15%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>12/31/2020</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Instruments</B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Notional</B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Risk</B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Probable scenario (*) R$</B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Scenario 1 R$</B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Scenario 2 R$</B></FONT></TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Gross exchange position</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(3,876,521)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Dollar</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(251,974)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(5,036,279)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(10,072,558)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Cash flow hedge accounting</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">3,992,200</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Dollar</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">259,493</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5,186,566</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">10,373,133</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Exchange rate swap CDI x Dollar </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(67,000)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Dollar</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(4,355)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(87,045)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(174,089)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Net exchange position</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>48,679</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Dollar</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>3,164</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>63,242</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>126,486</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Net exchange position</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>10,138</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Euro</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>89</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>16,165</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>32,330</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Exchange rate swap Dollar x Euro </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>40,697</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Dollar</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>5,264</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>50,134</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>78,337</B></FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">_______________________</TD><TD></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(*)</TD><TD>We calculated the probable scenario considering the following variations: 1.25% depreciation of the <I>real</I> against the U.S. dollar,
0.14% depreciation of the <I>real</I> against the euro and 1.20% appreciation of the euro against the U.S. dollar.</TD></TR></TABLE>

<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 18pt; text-indent: -18pt">Source: Central Bank as of January 14, 2021.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Sensitivity Analysis of Changes in
Interest Rates</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Scenarios 1 and 2 represent 25% and 50%, respectively,
interest volatility growth as of December 31, 2020, and set forth below are the effects on our balance sheet:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: white">
    <TD COLSPAN="3" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0">&nbsp;(in thousands of <I>RS</I>)&nbsp;</P></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD COLSPAN="3" STYLE="white-space: nowrap; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Impact on profit or loss</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="width: 10%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Changes in interest rates</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 10%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>% p.a.</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 10%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Assets</B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 20%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Liabilities</B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 12%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Probable scenario (*)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 13%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Scenario 1</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; width: 13%; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt"><B>Scenario 2</B></FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">TJLP</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">4.55</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(817,374)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(2,155)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(9,298)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(18,596)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">Libor</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">0.26</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(4,533,341)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(43,321)</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(2,920)</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(5,840)</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">CDI</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">1.90</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">5,779,452</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(9,104,416)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(10,673)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(15,794)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt">(31,588)</FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">_______________________</TD><TD></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1pt"></TD><TD STYLE="width: 18pt">(*)</TD><TD>This sensitivity analysis assumes a probable scenario of interest rates as of December 31, 2020, as recorded in our assets and liabilities</TD></TR></TABLE>

<P STYLE="font: 8pt Times New Roman,serif; margin: 0 0 0 18pt; text-indent: -18pt">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Market Price Risk of
Our Common Shares</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are exposed to the risk of changes in the market price
of our common shares due to investments made and investments recorded at fair value through profit or loss.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><A NAME="a_055"></A>Item 12. Description of
Securities Other Than Equity Securities</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">American Depositary
Shares</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">JP Morgan Chase Bank, N.A., with its principal executive
office located at 383 Madison Avenue, Floor 11, New York, New York, 10179, serves as the depositary for the ADSs. ADR holders are required
to pay various fees to the depositary, and the depositary may refuse to provide any service
for which a fee is assessed until the applicable fee has been paid.</P>


<!-- Field: Page; Sequence: 121 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->116<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">ADR holders are required to pay the depositary amounts
in respect of expenses incurred by the depositary or its agents on behalf of ADR holders, including expenses arising from compliance with
applicable law, taxes or other governmental charges, facsimile transmission or conversion of foreign currency into U.S. dollars.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">ADR holders are also required to pay additional fees for
certain services provided by the depositary, as set forth in the table below.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 63%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Depositary service</B></FONT></TD>
    <TD STYLE="width: 3%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 34%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Fee payable by ADR holders</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Issuance and delivery of ADRs, including in connection with share distributions or stock splits </B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">US$5.00 for each 100 ADSs (or portion thereof)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Deposit of securities, including in respect of share, rights and other distributions </B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">US$5.00 for each 100 ADSs (or portion thereof)</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Withdrawal of deposited securities </B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">US$5.00 for each 100 ADSs (or portion thereof)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Direct and Indirect
Payments by the Depositary</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The depositary reimburses us for certain expenses we incur
in connection with the ADR program, subject to a ceiling agreed between us and the depositary from time to time. These reimbursable expenses
currently include legal and accounting fees, listing fees, investor relations expenses and fees payable to service providers for the distribution
of material to ADR holders. For the year ended December&nbsp;31, 2020, these reimbursements were US$0.9 million.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><A NAME="a_056"></A><FONT STYLE="font-family: Times New Roman,serif; color: windowtext; background-color: white">Item
13</FONT>. Defaults, Dividend Arrearages and Delinquencies</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">None.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><A NAME="a_057"></A><FONT STYLE="font-family: Times New Roman,serif; color: windowtext; background-color: white">Item
14</FONT>. Material Modification to the Rights of Security Holders and Use of Proceeds</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">None.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: center"><A NAME="a_058"></A>PART II</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><A NAME="a_059"></A>Item 15. Controls and
Procedures</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Disclosure Controls
and Procedures</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We carried out an evaluation, under the supervision of
our chief executive officer and chief financial officer, of the effectiveness of the design and operation of our disclosure controls and
procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act. Based on this evaluation, our chief executive officer
and chief financial officer have concluded that, as of December 31, 2020, CSN&rsquo;s disclosure controls and procedures are effective.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Management&rsquo;s
Report on Internal Control over Financial Reporting</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Management is responsible for establishing and maintaining
adequate internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our internal control over financial reporting is a process
designed under the supervision of our chief executive officer and chief financial officer and our audit committee and effected by our
board of directors, management and other personnel to provide reasonable assurance regarding the reliability of financial reporting and
the preparation of our consolidated financial statements for external purposes in accordance with IFRS.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Internal control over financial reporting includes those
policies and procedures that (i) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions
and dispositions of our assets; (ii) provide reasonable assurance that transactions are recorded as necessary to permit preparation of
financial statements in accordance with IFRS and that our receipts and expenditures are being made only in accordance with the authorization
of our management and directors; and (iii) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition,
use or disposition of our assets that could have a material effect on our financial statements.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Because of its inherent limitations, internal control
over financial reporting may not prevent or detect material misstatements on a timely basis. Also, projections of any evaluation of effectiveness
to future periods are subject to the risk that controls may become inadequate because of changes
in conditions, or that the degree of compliance with the policies or procedures may deteriorate.</P>


<!-- Field: Page; Sequence: 122 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->117<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Management assessed the effectiveness of our internal
control over financial reporting based on the criteria for effective internal control over financial reporting established in &ldquo;Internal
Control &ndash; Integrated Framework,&rdquo; issued by the Committee of Sponsoring Organizations (COSO) of the Treadway Commission (2013).
Based on this assessment, we concluded that our internal control over financial reporting is effective as of December 31, 2020.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Attestation Report
of the Independent Registered Public Accounting Firm</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Grant Thornton Auditores Independentes, our independent
registered public accounting firm, audited, as of December 31, 2020, our internal control over financial reporting. For Grant Thornton
Auditores Independentes&rsquo; report dated April 12, 2021, see our audited consolidated financial statements included elsewhere in
this annual report.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><A NAME="a_060"></A>Item 16. Reserved</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_061"></A>16A. Audit Committee Financial Expert</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our audit committee comprises three members and each of
them satisfies the audit committee membership independence requirements set forth by the SEC, the NYSE and Brazilian Corporate Law. After
reviewing the qualifications of the members of our audit committee, our board of directors has determined that each member of our audit
committee qualifies as an &ldquo;audit committee financial expert,&rdquo; as defined by the SEC.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our audit committee may be assisted by an external consultant,
whenever necessary, that renders financial and consulting services, among others.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_062"></A>16B. Code of Ethics</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We adopted a Code of Ethics in 1998, reinforcing our ethical
standards and the values that apply to all of our employees, including executive officers and directors.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our Code of Ethics was last updated in 2016 and copies
are distributed to each employee of the organization, to the members of our board of directors and or our audit committee, and each signs
a commitment letter, reinforcing their dedication to our established values. Since 2017, our Code of Ethics is available on our intranet
to be consulted and accepted by employees electronically. In our governance structure, the compliance area is responsible for our integrity
program, which aims to ensure compliance with ethical standards of conduct and transparency. This program includes continuous training
for our employees and employees of our third parties, and also monitoring of compliance with laws, regulations, policies and internal
standards.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">There was no amendment to or waiver from any provision
of our Code of Ethics in 2020. Our Code of Ethics is in compliance with the SEC requirements for codes of ethics for senior financial
officers. A copy of our Code of Ethics is available on our website at <I><U>www.csn.com.br</U>www.csn.com.br</I>.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_063"></A>16C. Principal Accountant Fees and Services</P>


<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our interaction with our independent auditors with respect
to the contracting of services unrelated to the external audit is based on principles that preserve the independence of the auditors and
are otherwise permissible under applicable rules and regulations. For the fiscal years ended December 31, 2019 and 2020, Grant Thornton
Auditores Independentes acted as our independent auditor.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The following table sets forth the services rendered and
the related fees:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #2F5496"><B>Year ended&nbsp;December&nbsp;31,&nbsp;</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="width: 26%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 15%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #2F5496"><B>2019</B></FONT></TD>
    <TD STYLE="width: 16%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 22%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #2F5496"><B>2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #2F5496"><I>(in thousands of R$)</I></FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #2F5496"><B>Audit fees&nbsp;</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #2F5496">5,405</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #2F5496">6,745</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #2F5496"><B>Audit &ndash; related fees&nbsp;</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #2F5496">833</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #2F5496">650</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: #D0DBF0">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #2F5496"><B>Tax fees&nbsp;</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #2F5496">-</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #2F5496"><B>Total</B></FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #2F5496">6,238</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: #2F5496">7,395</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 10pt">&nbsp;</P>


<!-- Field: Page; Sequence: 123 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->118<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Audit Fees</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Audit fees in 2020 and 2019 comprised the aggregate fees
billed and billable by our independent auditors in connection with the audit of our consolidated financial statements, reviews of interim
financial statements and attestation services that are provided in connection with statutory and regulatory filings or engagements.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Audit-Related Fees</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020 and 2019, audit-related fees in the above table
are fees billed and billable by our independent auditors for services that are reasonably related to the performance of the audit or review
of our financial statements. Services additional to the examination of our financial statements are submitted for prior approval to our
audit committee in order to ensure that they do not represent a conflict of interest or affect the auditors&rsquo; independence.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Tax Fees</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2020 and 2019, there were no fees for tax services
provided by our independent auditors.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_064"></A>16D. Exemptions from the Listing Standards for Audit Committees</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Not applicable. For a discussion on our audit committee,
see &ldquo;Item 6. Directors, Senior Management and Employees&mdash;6C. Board Practices&mdash;Audit Committee.&rdquo;</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_074"></A>16E. Purchases of Equity Securities by the Issuer and Affiliated
Purchasers</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">In 2014, in accordance with the limits and provisions
of CVM Instruction No. 10/80, our board of directors approved various share buyback programs with the purpose of holding shares in treasury
for subsequent disposal or cancellation. In April 2018, we sold 22,981,500 shares that we held in treasury and we have since maintained
7,409,500 shares in treasury.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Program</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Board&rsquo;s Authorization</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Authorized Quantity</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Program Period</B></FONT></TD>
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Shares Purchased</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Shares Cancelled</B></FONT></TD>
    <TD STYLE="border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Shares Sold</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>Balance in Treasury</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-left: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>1st</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">03/13/2014</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">70,205,661</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 0.55pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -0.55pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">03/14/2014 04/14/2014</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2,350,000</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">2,350,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-left: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>2nd</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">04/15/2014</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">67,855,661</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 0.55pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -0.55pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">04/16/2014 05/23/2014</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">9,529,500</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">11,879,500</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-left: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>3rd</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">05/23/2014</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">58,326,161</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 0.55pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -0.55pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">05/26/2014 06/25/2014</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">31,544,500</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">43,424,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-left: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>4th</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">06/26/2014</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">26,781,661</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 0.55pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -0.55pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">06/26/2014 07/17/2014</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">26,781,661</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">70,205,661</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-left: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>5th</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">07/18/2014</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">60,000,000</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">10,205,661</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-left: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>5th</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">07/18/2014</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">64,205,661</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 0.55pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -0.55pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">07/18/2014 08/18/2014</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">240,400</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">10,446,061</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">08/19/2014</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">10,446,061</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-left: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>6th</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">08/19/2014</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">63,161,055</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 0.55pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -0.55pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">08/19/2014 09/25/2014</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">6,791,300</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">6,791,300</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-left: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>7th</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">09/29/2014</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">56,369,755</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 0.55pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -0.55pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">09/29/2014 12/29/2014</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">21,758,600</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">28,549,900</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-left: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>8th </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">12/30/2014</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">34,611,155</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 0.55pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -0.55pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">12/31/2014 03/31/2015</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">1,841,100</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">30,391,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #D0DBF0">
    <TD STYLE="white-space: nowrap; padding-left: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>9th</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">03/31/2015</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">32,770,055</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 0.55pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -0.55pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">04/01/2015 06/30/2015</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">30,391,000</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-left: 18pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496"><B>10th</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">04/20/2018</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">30,391,000</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-left: 0.55pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -0.55pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">04/20/2018&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;04/30/2018</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">-</FONT></TD>
    <TD STYLE="border-bottom: #4472C4 1pt solid; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">22,981,500</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: #4472C4 1pt solid; padding-left: 18pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -18pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 8pt; color: #2F5496">7,409,500</FONT></TD></TR>
  <TR>
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_065"></A>16F. Change in Registrant&rsquo;s Certifying Accountant</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Not applicable.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_066"></A>16G. Corporate Governance</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: justify; background-color: white">Significant Differences
between our Corporate Governance Practices and NYSE Corporate Governance Standards</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We are subject to the NYSE corporate governance listing
standards. As a foreign private issuer, the standards applicable to us are considerably different than the standards applicable to U.S.
listed companies. Under the NYSE rules, we are required only to: (i)&nbsp;have an audit committee or audit board, pursuant to an applicable
exemption available to foreign private issuers, that meets certain requirements, as discussed below, (ii)&nbsp;provide prompt certification by our chief executive officer of
any material non-compliance with any corporate governance rules and (iii)&nbsp;provide a brief description of the significant differences
between our corporate governance practices and the NYSE corporate governance practices required to be followed by U.S. listed companies.
The discussion of the significant differences between our corporate governance practices and those required of U.S. listed companies follows
below.</P>


<!-- Field: Page; Sequence: 124 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->119<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt"></P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Majority of Independent Directors</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The NYSE rules require that a majority of the board of
directors consist of independent directors. Independence is defined by various criteria, including the absence of a material relationship
between the director and the listed company. Brazilian law does not have a similar requirement. Under Brazilian law, neither our board
of directors nor our management is required to test the independence of directors before their election to the board. However, both Brazilian
Corporate Law and the CVM have established rules that require directors to meet certain qualification requirements and that address the
compensation, duties and responsibilities of, as well as the restrictions applicable to, a company&rsquo;s executive officers and directors.
While our directors meet the qualification requirements of Brazilian Corporate Law and the CVM, we do not believe that a majority of our
directors would be considered independent under the NYSE test for director independence. Brazilian Corporate Law requires that our directors
be elected by our shareholders at an annual shareholders&rsquo; meeting.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Executive Sessions</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">NYSE rules require that non-management directors meet
at regularly scheduled executive sessions without management present. Brazilian Corporate Law does not have a similar provision. According
to Brazilian Corporate Law, up to one-third of the members of our board of directors can be elected from management. Mr. Benjamin Steinbruch,
our chief executive officer, is also the chairman of our board of directors. There is no requirement that non-management directors meet
regularly without management. As a result, the non-management directors on our board of directors do not typically meet in executive sessions
without management present, although they may do so and then report to the entire board of directors the topics discussed and their suggestions.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Nominating and Corporate Governance
Committee</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">NYSE rules require that listed companies have a nominating
and corporate governance committee composed entirely of independent directors and governed by a written charter addressing the committee&rsquo;s
required purpose and detailing its required responsibilities, which include, among others, identifying and selecting qualified board member
nominees and developing a set of corporate governance principles applicable to the company. We are not required under Brazilian Corporate
Law to have, and currently we do not have, a nominating and corporate governance committee.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Compensation Committee</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">NYSE rules require that listed companies have a compensation
committee composed entirely of independent directors and governed by a written charter addressing the committee&rsquo;s required purpose
and detailing its required responsibilities, which include, among others, reviewing corporate goals relevant to the chief executive officer&rsquo;s
compensation, evaluating the chief executive officer&rsquo;s performance, approving the chief executive officer&rsquo;s compensation levels
and recommending to the board non-chief executive officer compensation, incentive compensation and equity-based plans. We are not required
under applicable Brazilian law to have, and currently do not have, a compensation committee. Under Brazilian Corporate Law, the total
amount available for compensation of our directors and executive officers and for profit-sharing payments to our executive officers is
established by our shareholders at the annual shareholders&rsquo; meeting. The board of directors is then responsible for determining
the individual compensation and profit-sharing of each executive officer, as well as the compensation of our board and committee members.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Audit Committee</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">NYSE rules require that listed companies have an audit
committee that (i)&nbsp;is composed of a minimum of three independent directors who are all financially literate, (ii)&nbsp;meets the
SEC rules regarding audit committees for listed companies, (iii)&nbsp;has at least one member who has accounting or financial management
expertise and (iv)&nbsp;is governed by a written charter addressing the committee&rsquo;s required purpose and detailing its required
responsibilities. However, as a foreign private issuer, we need only to comply with the requirement that the audit committee meet the
SEC rules regarding audit committees for listed companies to the extent compatible with Brazilian Corporate Law.</P>


<!-- Field: Page; Sequence: 125 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->120<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">We have established an audit committee, which provides
assistance to our board of directors in matters involving our accounting, internal controls, financial reporting and compliance. Our audit
committee recommends the appointment of our independent auditors to our board of directors and reviews the compensation of, and coordinates
with, our independent auditors. It also reports on our auditing policies and our annual audit plan prepared by our internal auditing team.
Our audit committee evaluates the effectiveness of our internal financial and legal compliance controls and is comprised of up to three
independent directors elected by our board of directors for two-year terms.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">As of the date of this annual report, our audit committee
comprises Mr. Yoshiaki Nakano, Mr. Antonio Bernardo Vieira Maia and Mr. Miguel Ethel Sobrinho. Our audit committee may be assisted by
an external consultant, whenever necessary, that renders financial and consulting services, among others. Each of the members of our audit
committee satisfies the audit committee membership independence requirements set forth by the SEC and the NYSE. Each of the members of
our audit committee has been determined by our board of directors to qualify as an &ldquo;audit committee financial expert&rdquo; within
the meaning of the rules adopted by the SEC relating to the disclosure of financial experts on audit committees in periodic filings pursuant
to the Exchange Act. For further information on our audit committee, see &ldquo;Item 6C. Board Practices&mdash;Audit Committee.&rdquo;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Code of Business Conduct and Ethics</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">NYSE rules require that listed companies adopt and disclose
a code of business conduct and ethics for directors, officers and employees, and promptly disclose any waivers of the code for directors
or executive officers. We have adopted a Code of Ethics applicable to all our employees, including our executive officers and directors.
We believe this code addresses the matters required to be addressed pursuant to the NYSE rules. For a further discussion of our Code of
Ethics, see &ldquo;&mdash;16B. Code of Ethics.&rdquo;</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Shareholder Approval of Equity Compensation
Plans</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">NYSE rules require that shareholders be given the opportunity
to vote on all equity compensation plans and material revisions thereto, with limited exceptions. We currently do not have any such plan
and, pursuant to our bylaws, we would require shareholder approval to adopt an equity compensation plan.</P>

<P STYLE="font: italic bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; background-color: white">Corporate Governance Guidelines</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">NYSE rules require that listed companies adopt and disclose
corporate governance guidelines. We have adopted the following corporate governance guidelines, either based on Brazilian law or our Code
of Ethics, institutional handbook or policies and procedures:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>an insider trading policy for securities issued by us;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>a policy for the disclosure of material facts; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman,serif; margin-top: 0; margin-bottom: 6pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>a sustainability policy.</TD></TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt"><A NAME="a_067"></A>16H. Mine Safety Disclosure</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Not applicable as none of our mines are located in the
United States and as such are not subject to the U.S. Federal Mine Safety and Health Act of 1977 or the U.S. Mine Safety and Health Administration.</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><A NAME="a_068"></A>Item 17. Financial Statements</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">See &ldquo;Item 18. Financial Statements.&rdquo;</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 12pt 0 6pt; text-align: center; background-color: white"><A NAME="a_069"></A>PART III</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><A NAME="a_070"></A>Item 18. Financial Statements</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">Our following consolidated financial statements, together
with the report of Grant Thornton Auditores Independentes thereon, are filed as part of this annual report.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: white">
    <TD STYLE="width: 63%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 14%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 23%; border-top: #4472C4 1pt solid; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-indent: -23.5pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -23.5pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Page</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="padding-right: -63.1pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Report of Independent Registered Public Accounting Firm</B></FONT></TD>
    <TD STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-indent: -23.5pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -23.5pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">FS-R1</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Report of Independent Registered Public Accounting Firm</B></FONT></TD>
    <TD STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-indent: -23.5pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -23.5pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">FS-R2</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-indent: -23.5pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -23.5pt">&nbsp;</TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 126 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->121<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR STYLE="background-color: white">
    <TD COLSPAN="2" STYLE="font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt"><B>Consolidated financial statements:</B></FONT></TD>
    <TD STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-indent: -23.5pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD COLSPAN="2" STYLE="font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Balance sheets as of December 31, 2020 and&nbsp;2019 </FONT></TD>
    <TD STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-indent: -23.5pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -23.5pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">FS- 1</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD COLSPAN="3" STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-indent: -23.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Statements of income for the years ended December 31, 2020, 2019 and 2018 </FONT></TD>
    <TD STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -23.5pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">FS- 3</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD COLSPAN="3" STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-indent: -23.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Statements of comprehensive income for the years ended December 31, 2020, 2019 and 2018 </FONT></TD>
    <TD STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -23.5pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">FS- 4</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD COLSPAN="3" STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-indent: -23.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Statements of cash flows for the years ended December 31, 2020, 2019 and 2018 </FONT></TD>
    <TD STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -23.5pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">FS- 5</FONT></TD></TR>
  <TR STYLE="background-color: #DDEBF7">
    <TD COLSPAN="3" STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-indent: -23.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Statements of changes in shareholders&rsquo; equity for the years ended December 31, 2020, 2019 and 2018 </FONT></TD>
    <TD STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -23.5pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">FS- 7</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD COLSPAN="3" STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-indent: -23.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">Notes to consolidated financial statements</FONT></TD>
    <TD STYLE="padding-right: 2.7pt; padding-left: 23.5pt; text-align: center; font-family: Calibri,sans-serif; text-indent: -23.5pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 9pt">FS- 9</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="width: 23%; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 40%; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 14%; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 23%; border-bottom: #4472C4 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 18pt">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman,serif; margin: 10pt 0 6pt; text-align: left; background-color: white"><FONT STYLE="font-family: Times New Roman,serif; color: windowtext; background-color: white"><A NAME="a_071"></A>Item
19</FONT>. Exhibits</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font-size: 11pt">
  <TR>
    <TD STYLE="width: 11%; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt"><B>Exhibit</B></FONT></TD>
    <TD STYLE="width: 3%; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="width: 86%; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt"><B>Description</B></FONT></TD></TR>
  <TR>
    <TD STYLE="text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt"><B>Number</B></FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif"></TD>
    <TD STYLE="font-family: Calibri,sans-serif"></TD></TR>
  <TR>
    <TD STYLE="padding-bottom: 6pt; text-align: center; font-family: Calibri,sans-serif"><A HREF="https://www.sec.gov/Archives/edgar/data/1049659/000129281417003057/sid20171127_6k.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">1.1</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><A HREF="https://www.sec.gov/Archives/edgar/data/1049659/000129281417003057/sid20171127_6k.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Bylaws of the registrant (English translation), incorporated in this annual report by reference from our Form 6-K filed with the SEC on November&nbsp;27, 2017.</FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding-bottom: 6pt; text-align: center; font-family: Calibri,sans-serif"><A HREF="https://www.sec.gov/Archives/edgar/data/1049659/000119380520001293/e620008_f6pos-csn.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">2.1</FONT></A></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><A HREF="https://www.sec.gov/Archives/edgar/data/1049659/000119380520001293/e620008_f6pos-csn.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Form of Amended and Restated Deposit Agreement, among Companhia Sider&uacute;rgica Nacional, JP Morgan Chase Bank, N.A., as depositary, and all holders and beneficial owners of American Depositary Receipts issued thereunder, incorporated in this annual report by reference from our Registration Statement on Form F-6POS filed with the SEC on October 19, 2020.</FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding-bottom: 6pt; text-align: center; font-family: Calibri,sans-serif"><A HREF="https://www.sec.gov/Archives/edgar/data/1049659/000129281420001135/exhibit_24.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">2.2</FONT></A></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><A HREF="https://www.sec.gov/Archives/edgar/data/1049659/000129281420001135/exhibit_24.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Description of the registrant&rsquo;s securities registered under Section 12 of the Exchange Act, incorporated in this annual report by reference from our Annual Report on Form 20-F for the year ended December 31, 2019, filed with the SEC on April 3, 2020.</FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding-bottom: 6pt; text-align: center; font-family: Calibri,sans-serif"><A HREF="exhibit04_1.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">4.1</FONT></A></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><A HREF="exhibit04_1.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">+*</FONT></A></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><A HREF="exhibit04_1.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Investment Agreement, dated November 21, 2014, among Companhia Sider&uacute;rgica Nacional, Brazil Japan Iron Ore Corporation, POSCO, China Steel Corporation, Congonhas Min&eacute;rios S.A. and Nacional Min&eacute;rios S.A., as amended on November 15, 2015 and restated on November 27, 2015.</FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding-bottom: 6pt; text-align: center; font-family: Calibri,sans-serif"><A HREF="exhibit04_2.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">4.2</FONT></A></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><A HREF="exhibit04_2.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">+</FONT></A></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><A HREF="exhibit04_2.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Amendment, dated December 6, 2019, among Companhia Sider&uacute;rgica Nacional, Jap&atilde;o Brasil Min&eacute;rio de Ferro Participa&ccedil;&otilde;es Ltda., POSCO, China Steel Corporation and CSN Min&eacute;rios Nacional S.A., to the Investment Agreement (Exhibit 4.1).</FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding-bottom: 6pt; text-align: center; font-family: Calibri,sans-serif"><A HREF="exhibit08_1.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">8.1</FONT></A></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><A HREF="exhibit08_1.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">+</FONT></A></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><A HREF="exhibit08_1.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">List of Subsidiaries.</FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding-bottom: 6pt; text-align: center; font-family: Calibri,sans-serif"><A HREF="exhibit12_1.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">12.1</FONT></A></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><A HREF="exhibit12_1.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">+</FONT></A></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><A HREF="exhibit12_1.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Section&nbsp;302 Certification of Chief Executive Officer. </FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding-bottom: 6pt; text-align: center; font-family: Calibri,sans-serif"><A HREF="exhibit12_2.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">12.2</FONT></A></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><A HREF="exhibit12_2.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">+</FONT></A></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><A HREF="exhibit12_2.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Section&nbsp;302 Certification of Chief Financial Officer. </FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding-bottom: 6pt; text-align: center; font-family: Calibri,sans-serif"><A HREF="exhibit13_1.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">13.1</FONT></A></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><A HREF="exhibit13_1.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">+</FONT></A></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><A HREF="exhibit13_1.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Section&nbsp;906 Certification of Chief Executive Officer. </FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding-bottom: 6pt; text-align: center; font-family: Calibri,sans-serif"><A HREF="exhibit13_2.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">13.2</FONT></A></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><A HREF="exhibit13_2.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">+</FONT></A></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><A HREF="exhibit13_2.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Section&nbsp;906 Certification of Chief Financial Officer.</FONT></A></TD></TR>
  <TR>
    <TD STYLE="padding-bottom: 6pt; text-align: center; font-family: Calibri,sans-serif"><A HREF="https://www.sec.gov/Archives/edgar/data/1049659/000129281415001071/exhibit15_2.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">15.2&nbsp;</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><A HREF="https://www.sec.gov/Archives/edgar/data/1049659/000129281415001071/exhibit15_2.htm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">Consent of Snowden do Brasil Consultoria Ltda., incorporated in this annual report by reference from our Annual Report on Form 20-F for the year ended December 31, 2014, filed with the SEC on April 30, 2015.</FONT></A></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 6pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">101.INS</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">+</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">XBRL Instance Document.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 6pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">101.SCH</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">+</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">XBRL Taxonomy Extension Schema.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 6pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">101.CAL</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">+</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">XBRL Taxonomy Extension Scheme Calculation Linkbase.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 6pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">101.DEF</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">+</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">XBRL Taxonomy Extension Scheme Definition Linkbase.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 6pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">101.LAB</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">+</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">XBRL Taxonomy Extension Scheme Label Linkbase.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 6pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">101.PRE</FONT></TD>
    <TD STYLE="font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">+</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 10pt">XBRL Instance Document.</FONT></TD></TR>
  <TR>
    <TD COLSPAN="3">
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0">* Certain confidential portions of the exhibit have been omitted from the public
    filing.</P>
    <P STYLE="font: 8pt Times New Roman,serif; margin: 0">+ Filed herewith.</P></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 127 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->122<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; width: 100%"><A HREF="#TableOfContents" STYLE="font-weight: bold">Table of Contents</A>&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 12pt; text-align: center; text-indent: 0cm"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-indent: 18pt">The registrant hereby certifies that it meets all the
requirements for filing on Form 20-F and that it has duly caused and authorized the undersigned to sign this annual report on its behalf.</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 10pt; text-align: left"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 10pt; text-align: left"><B>COMPANHIA SIDER&Uacute;RGICA NACIONAL </B></P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 10pt; text-align: left">By:&#9;<U>/s/ <I>Benjamin Steinbruch</I></U><BR>
Name:<B>&#9;</B>Benjamin Steinbruch<B><BR>
</B>Title:<B>&#9;</B>Chief Executive Officer</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 10pt; text-align: left">By:&#9;<U>/s/ <I>Marcelo Cunha Ribeiro</I></U><BR>
Name:<B>&#9;</B>Marcelo Cunha Ribeiro<B><BR>
</B>Title:<B>&#9;</B>Chief Financial Officer and Investor Relations Officer</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 10pt; text-align: left">Dated: April 12, 2021</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 10pt; text-align: left"></P>

<!-- Field: Page; Sequence: 128; Options: NewSection -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0 0 10pt; text-align: left">&nbsp;</P>

<P STYLE="font: 28pt Arial, Helvetica, Sans-Serif; margin: 0; color: #4F2D7F">Report of Independent Registered Public Accounting Firm</P>

<P STYLE="font: 28pt Arial, Helvetica, Sans-Serif; margin: 0; color: #4F2D7F">&nbsp;</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0">Board of Directors and Shareholders</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt"><B>Companhia Sider&uacute;rgica Nacional</B></P>

<P STYLE="font: 12pt/12pt Arial, Helvetica, Sans-Serif; margin: 16pt 0 6pt; color: #4F2D7F">Opinion on internal control over financial
reporting</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">We have audited the internal control over financial reporting
of Companhia Sider&uacute;rgica Nacional and subsidiaries (the &ldquo;Company&rdquo;) as of December 31, 2020, based on criteria established
in the 2013 <I>Internal Control &ndash; Integrated Framework</I> issued by the Committee of Sponsoring Organizations of the Treadway Commission
(&ldquo;COSO&rdquo;). In our opinion, the Company maintained, in all material respects, effective internal control over financial reporting
as of December 31, 2020, based on criteria established in the 2013 <I>Internal Control &ndash; Integrated Framework</I> issued by COSO.</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 18.45pt 6pt 0">We also have audited, in accordance with the standards
of the Public Company Accounting Oversight Board (United States) (&ldquo;PCAOB&rdquo;), the consolidated financial statements of the Company
as of and for the year ended December 31, 2020, and our report dated April 12, 2021 expressed an unqualified opinion on those financial
statements.</P>

<P STYLE="font: 12pt/12pt Arial, Helvetica, Sans-Serif; margin: 16pt 0 6pt; color: #4F2D7F">Basis for opinion</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">The Company&rsquo;s management is responsible for maintaining
effective internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting,
included in the accompanying Management&rsquo;s Report on Internal Control over Financial Reporting. Our responsibility is to express
an opinion on the Company&rsquo;s internal control over financial reporting based on our audit. We are a public accounting firm registered
with the PCAOB and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and
the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">We conducted our audit in accordance with the standards of the
PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether effective internal control
over financial reporting was maintained in all material respects. Our audit included obtaining an understanding of internal control over
financial reporting, assessing the risk that a material weakness exists, testing and evaluating the design and operating effectiveness
of internal control based on the assessed risk, and performing such other procedures as we considered necessary in the circumstances.
We believe that our audit provides a reasonable basis for our opinion.</P>

<P STYLE="font: 12pt/12pt Arial, Helvetica, Sans-Serif; margin: 16pt 0 6pt; color: #4F2D7F">Definition and limitations of internal control
over financial reporting</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">A company&rsquo;s internal control over financial reporting is
a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles. A company&rsquo;s internal control over financial reporting
includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly
reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded
as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts
and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and
(3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company&rsquo;s
assets that could have a material effect on the financial statements.</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">Because of its inherent limitations, internal control over financial
reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject
to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or
procedures may deteriorate.</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 16pt">/s/ Grant Thornton Auditores Independentes</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">S&atilde;o Paulo, Brazil</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">&nbsp;</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">April 12, 2021</P>

<P STYLE="text-align: center; font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; font-style: normal; font-weight: normal; text-decoration: initial; text-transform: none; letter-spacing: normal; word-spacing: 0px; background-color: rgb(255, 255, 255)">FS
- R1</FONT></P>

<!-- Field: Page; Sequence: 129; Options: NewSection -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">&nbsp;</P>

<P STYLE="font: 28pt Arial, Helvetica, Sans-Serif; margin: 0; color: #4F2D7F">Report of Independent Registered Public Accounting Firm</P>

<P STYLE="font: 28pt Arial, Helvetica, Sans-Serif; margin: 0; color: #4F2D7F">&nbsp;</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0">Board of Directors and Shareholders</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 16pt"><B>Companhia Sider&uacute;rgica Nacional</B></P>

<P STYLE="font: 12pt/12pt Arial, Helvetica, Sans-Serif; margin: 16pt 18.45pt 6pt 0; color: #4F2D7F">Opinion on the consolidated financial
statements</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">We have audited the accompanying consolidated balance sheets of
Companhia Sider&uacute;rgica Nacional and subsidiaries (the &ldquo;Company&rdquo;) as of December 31, 2020 and 2019, and the related consolidated
statements of income, comprehensive income, changes in shareholders&rsquo; equity and cash flows for each of the years in the three-year
period ended December 31, 2020, and the related notes (collectively referred to as the &ldquo;financial statements&rdquo;). In our opinion,
the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2020 and 2019,
and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2020, in conformity
with International Financial Reporting Standards (&ldquo;IFRS&rdquo;) as issued by the International Accounting Standards Board (&ldquo;IASB&rdquo;).</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0.25in 0 6pt">We also have audited, in accordance with the standards of
the Public Company Accounting Oversight Board (United States) (&ldquo;PCAOB&rdquo;), the Company&rsquo;s internal control over financial
reporting as of December 31, 2020, based on criteria established in the 2013 <I>Internal Control &ndash; Integrated Framework</I> issued
by the Committee of Sponsoring Organizations of the Treadway Commission (&ldquo;COSO&rdquo;), and our report dated April 12<SUP>th</SUP>,
2021 expressed an unqualified opinion.</P>

<P STYLE="font: 12pt/12pt Arial, Helvetica, Sans-Serif; margin: 16pt 18.45pt 6pt 0; color: #4F2D7F">Basis for opinion</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">These financial statements are the responsibility of the Company&rsquo;s
management. Our responsibility is to express an opinion on the Company&rsquo;s financial statements based on our audit. We are a public
accounting firm registered with the PCAOB and required to be independent with respect to the Company in accordance with the U.S. federal
securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0.25in 0 6pt">We conducted our audits in accordance with the standards
of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements
are free of material misstatement, whether due to error or fraud. Our audits included performing procedures to assess the risks of material
misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures
included examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. Our audits also included
evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation
of the financial statements. We believe that our audits provide a reasonable basis for our opinion.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0.25in 0 0; color: #4F2D7F">Critical Audit Matters</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 6pt 0 0">The critical audit matters communicated below are matters arising from
the current period audit of the consolidated financial statements that were communicated or required to be communicated to the audit committee
and that: (1)&nbsp;relate to accounts or disclosures that are material to the consolidated financial statements and (2)&nbsp;involved
our especially challenging, subjective, or complex judgments. The communication of critical audit matters does not alter in any way our
opinion on the consolidated financial statements, taken as a whole, and we are not, by communicating the critical audit matters below,
providing separate opinions on the critical audit matters or on the accounts or disclosures to which they relate.</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt/12pt Arial, Helvetica, Sans-Serif; margin: 16pt 0 6pt; text-align: left; color: #4F2D7F">1. Recoverable value of
the investment in jointly controlled subsidiary (Note 10.d)</P>

<P STYLE="margin: 0; font: 9pt Arial, Helvetica, Sans-Serif">The Company has an investment in jointly controlled subsidiary Transnordestina
Log&iacute;stica S.A. (&ldquo;TLSA&rdquo;) as of December 31, 2020, including gain on loss of control, in the amount of R$1,431 million,
whose recoverable value should be tested for impairment annually. The Company, as an investor, conducts its evaluation of fair value in
accordance with IAS 36 &ndash; <I>Impairment of Assets</I>, under a method that considers the investee&rsquo;s capacity to distribute
dividends, named Dividend Discount Model, which considers the flow of dividends discounted at present value using the equity capital in
addition to other metrics and risks factors that increase the discount rate used. Accordingly, this subject was considered a critical
audit matter due to the uncertainty inherent in the process of determining the estimates and judgments involved in preparing future cash
flows discounted to present value, such as projections of market demand, operating margins and discount rates that may significantly change
the expected realization of the asset.</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="text-align: center; font: 9pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">FS
- R2</FONT></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0"></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0"></P>

<!-- Field: Page; Sequence: 130 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">The primary procedures we performed to address this critical audit
matter included:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 9pt">&#183;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Evaluating and testing the design and operating effectiveness
of the internal control framework implemented by Management related to impairment testing; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 9pt">&#183;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Utilizing an internal specialist to evaluate the reasonableness
of the model and certain significant assumptions used in Management&rsquo;s assessment; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 9pt">&#183;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Evaluating the assumptions used by Management to identify
assumptions that are not consistent and/or reasonable;</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/12pt Arial, Helvetica, Sans-Serif; margin: 16pt 0 6pt; text-align: left; color: #4F2D7F">2. Realization of deferred
tax assets (Notes 18.b and 18.c)</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">The Company and its subsidiaries maintain deferred income and
social contribution taxes assets (deferred tax assets), substantially resulting from tax and social contribution losses carried forward,
and temporary differences arising from temporary provisions recognized. These deferred taxes balances were recognized based on the probability
of future taxable profits. As of December 31, 2020, the amount of deferred tax assets recognized in noncurrent assets was R$3,875 million.</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">The annual evaluation for the recoverability of these assets involves,
significant and critical judgment in relation to assumptions such as future taxable income, cash flow projections and future economic
events.</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">The assessment of whether a deferred tax asset should be recognized
based on the availability of future taxable profits take into account all factors concerning the Company's expected future profitability,
both favorable and unfavorable. Accordingly, the use of different assumptions may significantly change the expected realization of these
assets and may require the additional recognition of impairment on such assets, which would consequently impact the financial statements.
Due to these aspects, this issue was considered a critical audit matter.</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">&nbsp;</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">The primary procedures we performed to address this critical audit
matter included:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 9pt">&#183;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Utilizing an internal valuation specialist to evaluate the
reasonableness of the model and certain significant assumptions used in Management&rsquo;s assessment; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 9pt">&#183;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Evaluating the assumptions used by Management for reasonableness;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 9pt">&#183;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Evaluating and testing the design and operating effectiveness
of the internal control framework implemented by Management related to the analysis of the impairment of deferred tax assets;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 9pt">&#183;</FONT></TD><TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Utilizing internal tax specialists to examine the calculation
of permanent and temporary differences</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; color: #4F2D7F">&nbsp;</P>

<P STYLE="font: 12pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 10pt; color: #4F2D7F">Ability of the jointly-controlled subsidiary
to obtain the necessary funds</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 18.45pt 12pt 0">As discussed in Note No 10.d) to the consolidated financial
statements, the new railroad network of the joint-controlled entity Transnordestina Log&iacute;stica S.A. (&ldquo;TLSA&rdquo;) is currently
under construction, and certain terms in the concession agreement are still under discussion with relevant government agencies. The completion
of the project and consequent commencement of operations depend on the continuing contribution of funds by its shareholders and third
parties. Those events or conditions, along with other matters described in such note, indicate that a material uncertainty exists. TLSA
Management plans in regard to these matters are also described in Note No 10.d). The financial statements do not include any adjustments
that might result from the outcome of this uncertainty.</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">/s/ Grant Thornton Auditores Independentes</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">&nbsp;</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">We have served as the Company&rsquo;s auditor since 2017.</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 0 6pt">&nbsp;</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">S&atilde;o Paulo, Brazil</P>

<P STYLE="font: 9pt/12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="margin: 0; font: 9pt Arial, Helvetica, Sans-Serif">April 12, 2021</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 131; Options: NewSection -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 0 17.85pt; text-indent: -17.85pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="4" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Companhia Sider&uacute;rgica Nacional and Subsidiaries</B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="4" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Consolidated Balance Sheets as of December 31</B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="4" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B><I>(Thousands of Brazilian Reais)</I></B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="4" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; width: 60%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; width: 10%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; width: 15%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; width: 15%">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Note</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>2019</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B><U>ASSETS</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>CURRENT ASSETS</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Cash and cash equivalents</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">4</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;9,944,586 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;1,088,955 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Financial investments </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">5</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;3,783,362 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;2,633,173 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Trade receivables</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">6</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;2,867,352 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;2,047,931 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Inventories</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">7</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;4,817,586 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;5,282,750 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Recoverable taxes </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">8</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;1,605,494 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;1,282,415 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Other current assets</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">9</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;367,814 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;390,581 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Total current assets</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; border-bottom: Black 1pt solid; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;23,386,194 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; white-space: nowrap; border-bottom: Black 1pt solid; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;12,725,805 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>NONCURRENT ASSETS</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Long-term assets</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Financial investments </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">5</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;123,409 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">95,719 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Deferred income taxes</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">18</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;3,874,946 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;2,473,304 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Inventories</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">7</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;347,304 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;144,499 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Recoverable taxes </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">8</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;938,452 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;2,119,940 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Other non-current assets</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">9</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;3,603,047 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;2,793,115 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; border-bottom: Black 1pt solid; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;8,887,158 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; white-space: nowrap; border-bottom: Black 1pt solid; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;7,626,577 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Investments in associates and joint controlled entities</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>10</B></FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;3,695,780 </B></FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;3,584,169 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Property, plant and equipment</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>11</B></FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;19,716,223 </B></FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;19,700,944 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Intangible assets</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>12</B></FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;7,316,794 </B></FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;7,231,781 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Total non-current assets</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;39,615,955 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;38,143,471 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>TOTAL ASSETS</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;63,002,149 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; white-space: nowrap; border-bottom: Black 2.25pt double; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;50,869,276 </B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="4" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><I>The accompanying notes are an integral part of these consolidated financial statements.</I></FONT></TD>
    </TR>
  </TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 132 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="4" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Companhia Sider&uacute;rgica Nacional and Subsidiaries </B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="4" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Consolidated Balance Sheets as of December 31 </B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="4" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B><I>(Thousands of Brazilian Reais)</I></B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="4" STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; width: 60%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; width: 10%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Note</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; width: 15%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; width: 15%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>2019</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B><U>LIABILITIES AND SHAREHOLDERS' EQUITY</U></B></FONT></TD>
    <TD STYLE="text-align: center; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B><U>&nbsp;</U></B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>CURRENT LIABILITIES </B></FONT></TD>
    <TD STYLE="text-align: center; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Borrowings and financing </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">13</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;4,126,453 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;5,125,843 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Payroll and related taxes</FONT></TD>
    <TD STYLE="text-align: center; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;282,630 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;317,510 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Trade payables</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">17</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;4,819,539 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;3,012,654 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Taxes payable</FONT></TD>
    <TD STYLE="text-align: center; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;2,058,362 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;541,027 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Provisions for tax, social security, labor and civil risks</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">20</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">81,073 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">96,479 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Advances from customers</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">15</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;1,100,772 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;787,604 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Proposed dividends and interests on net equity</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">15</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;946,133 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">13,252 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Other payables</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">15</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;1,310,734 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;1,725,588 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Total current liabilities</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; border-bottom: Black 1pt solid; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;14,725,696 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; border-bottom: Black 1pt solid; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;11,619,957 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: center; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>NONCURRENT LIABILITIES</B></FONT></TD>
    <TD STYLE="text-align: center; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Borrowings and financing </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">13</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;31,144,200 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;22,841,193 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Other payables</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">15</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;3,145,336 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;2,493,702 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Deferred income taxes</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">18</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;618,836 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;589,539 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Provisions for tax, social security, labor and civil risks</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">20</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;554,315 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;526,768 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Pension and healthcare plan</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">30</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;758,426 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;912,184 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Provision for environmental liabilities and asset retirement obligations</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">21</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;803,835 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;524,001 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Total non current liabilities</B></FONT></TD>
    <TD STYLE="text-align: center; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;37,024,948 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;27,887,387 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: center; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Shareholders' equity</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>23</B></FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Paid-in capital</FONT></TD>
    <TD STYLE="text-align: center; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;6,040,000 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;4,540,000 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Capital reserves</FONT></TD>
    <TD STYLE="text-align: center; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">32,720 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">32,720 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Legal reserves</FONT></TD>
    <TD STYLE="text-align: center; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;468,291 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;278,576 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Earnings reserves</FONT></TD>
    <TD STYLE="text-align: center; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;5,414,323 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;4,210,888 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Treasury shares</FONT></TD>
    <TD STYLE="text-align: center; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(58,264)</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(58,264)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Other comprehensive income</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,983,619)</FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;1,170,624 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Total equity attributable to owners of the Company</B></FONT></TD>
    <TD STYLE="text-align: center; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;9,913,451 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;10,174,544 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Non-controlling interests</B></FONT></TD>
    <TD STYLE="text-align: center; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;1,338,054 </FONT></TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;1,187,388 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Total Shareholders' equity</B></FONT></TD>
    <TD STYLE="text-align: center; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;11,251,505 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;11,361,932 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: center; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY</B></FONT></TD>
    <TD STYLE="text-align: center; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;63,002,149 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; text-align: right; border-bottom: Black 2.25pt double; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;50,869,276 </B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="4" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><I>The accompanying notes are an integral part of these consolidated financial statements.</I></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 133 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">


  <TR>
    <TD COLSPAN="5" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Companhia Sider&uacute;rgica Nacional and Subsidiaries </B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="5" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Consolidated Statements of Income for the years ended December 31</B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="5" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B><I>&nbsp;Thousands of Brazilian Reais, except for the earnings (loss) per common share</I></B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; width: 54%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; width: 10%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; width: 12%">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Note</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>2018</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;Net Revenue from sales </B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>25</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>30,064,020 </B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>25,436,417 </B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>22,968,885 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Cost of sales </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">26</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(19,124,901)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(17,263,264)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(16,105,657)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;Gross profit </B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>10,939,119 </B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;8,173,153 </B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;6,863,228 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;Operating income (expenses)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;(5,224,682)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;(4,631,236)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;83,332 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Selling expenses </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">26</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(2,004,417)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(2,342,805)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(2,263,688)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;General and administrative expenses </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">26</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(504,458)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(511,065)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(494,023)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Equity in results of affiliated companies</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">10</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;71,755 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;125,715 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;135,706 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Other operating income </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">27</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;482,494 </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;503,770 </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;4,036,043 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Other operating expenses </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">27</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(3,270,056)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(2,406,851)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(1,330,706)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;Income before financial results and income taxes </B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;5,714,437 </B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;3,541,917 </B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;6,946,560 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Financial income </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">28</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;1,802,728 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;379,042 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;1,310,514 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Financial expenses </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">28&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(2,599,039)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(2,510,226)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(2,806,157)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;Income before income taxes</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;4,918,126 </B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;1,410,733 </B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;5,450,917 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Income tax and social contribution </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">18</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(625,508)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;833,778 </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(250,334)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Net income for the year</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;4,292,618 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;2,244,511 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 2.25pt double; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;5,200,583 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #DCE6F1; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;Net income for the year attributed to:</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Controlling interests</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;3,794,295 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;1,789,067 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;5,074,136 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #DCE6F1; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Non-controlling interests </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;498,323 </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;455,444 </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;126,447 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #DBE5F1; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Earnings (loss) per common share - (reais/share) </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #DBE5F1; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #DBE5F1; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #DBE5F1; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #DBE5F1; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Basic&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>23.g</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;2.74926 </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;1.29632 </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;3.69498 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #DBE5F1; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Diluted&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #DBE5F1; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>23.g</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #DBE5F1; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;2.74926 </B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #DBE5F1; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;1.29632 </B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #DBE5F1; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;3.69498 </B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="5" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD COLSPAN="5" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><I>The accompanying notes are an integral part of these consolidates financial statements.</I></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="5">&nbsp;</TD>
    </TR>
  </TABLE>

<!-- Field: Page; Sequence: 134 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="5" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Companhia Sider&uacute;rgica Nacional and Subsidiaries </B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="5" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Consolidated Statements of Comprehensive Income for the years ended December 31</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="5" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;Thousands of Brazilian Reais </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; width: 54%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; width: 10%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; width: 12%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;Note </B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>2018</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;Net income for the year </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>4,292,618 </B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;2,244,511 </B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>5,200,583 </B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 16.05pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Items that will not be subsequently reclassified to the statement of income</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 24pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Actuarial (losses)/gains on defined benefit plan from investments in subsidiaries </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;879 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">424 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;903 </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 24pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Actuarial (losses)/gains on defined benefit pension plan </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">132,059 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(113,518)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;413 </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>132,938 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>(113,094)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;1,316 </B></FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 24.1pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 16.05pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Items that could be subsequently reclassified to the statement of income</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 24pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Cumulative translation adjustments for the year </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">581,175 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;32,922 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(87,101)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 24pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(Loss)/gain on change in percentage of investments </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;6,102 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(2,288)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(105)</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 24pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Fair value through other comprehensive income </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(1,559,680)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 24pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(Loss) / gain on business combination </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(651)</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 24pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(Loss)/gain on net investment hedge in foreign subsidiaries</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(4,824)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">2,472 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(21,852)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 24pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(Loss)/gain cash flow hedge accounting, net of taxes </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(5,537,174)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(604,828)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(1,415,962)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 24pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Cash flow hedge accounting reclassified to income upon realization, net of taxes </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1,667,886 </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;790,353 </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">370,191 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 24pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Cash flow hedge accounting - &quot;Platts&quot; reclassified to income upon realization, net of taxes </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">186,878 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;-</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 24pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(Loss)/gain cash flow hedge accounting&nbsp;&nbsp;&#8211;&nbsp;&nbsp;&#8220;Platts&#8221;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(187,423)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;-</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;(3,287,380)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;218,631 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;(2,715,160)</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 24.1pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;Other comprehensive income&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;(3,154,442)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;105,537 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;(2,713,844)</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;Comprehensive income for the year&nbsp;&nbsp;</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>1,138,176 </B></FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;2,350,048 </B></FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt double; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>2,486,739 </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;Attributable to: </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Attributed to owners of the Company </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">640,052 </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;1,894,503 </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">2,360,292 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Attributed to non-controlling interests </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">498,124 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;455,545 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">126,447 </FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="5" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><I>The accompanying notes are an integral part of these consolidates financial statements.</I></FONT></TD></TR>
  <TR>
    <TD COLSPAN="5">&nbsp;</TD>
    </TR>
  </TABLE>

<!-- Field: Page; Sequence: 135 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="5" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Companhia Sider&uacute;rgica Nacional and Subsidiaries </B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="5" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;Consolidated Statements of Cash Flows for the years ended December 31</FONT></TD></TR>
  <TR>
    <TD COLSPAN="5" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;Thousands of Brazilian Reais </FONT></TD></TR>
  <TR>
    <TD COLSPAN="5" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; width: 54%">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; width: 10%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; width: 12%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; width: 12%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; width: 12%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>2018</B></FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Net income for the year</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">4,292,618 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">2,244,511 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">5,200,583 </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font: 8pt Arial, Helvtica, Sans-Serif"><B>Adjustments to reconcile net income</B></FONT></P>
                                                                               <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>to net cash provided by operations:</B></FONT></P></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Accrued charges on borrowings and financing</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">28</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1,909,546 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1,879,116 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1,938,077 </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Charges on loans and financing granted</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(32,684)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(58,728)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(50,239)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Depreciation/ depletion / amortization </FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">26</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">2,522,063 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1,519,331 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1,273,021 </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Equity in results of affiliated companies</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">10</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(71,755)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(125,715)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(135,706)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Charges on lease liabilities.</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">16</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;54,236 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;52,607 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;-</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Deferred income tax and social contribution</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">18</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,426,696)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(2,398,400)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(576,895)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Provision for tax, social security, labor and civil risks</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;4,405 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(164,223)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(34,279)</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Monetary variations and exchange differences</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">2,010,056 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">853,449 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1,002,137 </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Contractual agreement</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(131,817)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;-</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Proceeds from disposal of fixed and intangible assets</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">10 11 12 16</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;12,998 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">114,603 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;38,245 </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Provision (Reversal) for consumption and services </FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(29,057)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(130,339)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;55,726 </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Provision for actuarial liabilities</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(24,019)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(20,194)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(20,984)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">PIS and COFINS credits</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(160,609)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(2,208,462)</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Net gain on sale of a foreign subsidiary </FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">-&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">-&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,164,294)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Provision for environmental liabilities and decommissioning of assets</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;10,388 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;17,110 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(55,247)</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Unrealized loss (gains) on shares &#8211; Fair value through profit or loss</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">27 28</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,203,068)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">118,780 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,655,813)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Receivables by indemnity</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(517,183)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;-</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Other provisions</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(7,651)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">104,869 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(21,877)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>7,504,197 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>3,714,351 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>3,583,993 </B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Changes in assets and liabilities </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Trade receivables - third parties</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(594,731)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;49,338 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;99,223 </FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Trade receivables - related parties</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;49,412 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(77,271)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;22,071 </FONT></TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Inventories</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">755,571 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(218,242)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(800,050)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Receivables from related parties/Dividends</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;90,306 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;99,276 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">113,800 </FONT></TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Recoverable taxes</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">865,984 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;14,051 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">238,181 </FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Judicial deposits</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;50,028 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;19,312 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(7,496)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 136 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Trade payables</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">2,103,283 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(354,288)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">925,176 </FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Trade payables &#8211; Drawee risk</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(497,451)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1,055,546 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif">&nbsp;65,766 </FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Payroll and related taxes</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(43,649)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;36,271 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(1,100)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Taxes in installments - REFIS</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1,654,135 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">280,413 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(23,806)</FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Payables to related parties</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;12,019 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;1,956 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">129,031 </FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Advances from customer</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(10,011)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">2,524,826 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Interest paid</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,922,130)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(2,039,112)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(2,141,710)</FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Derivative instrument cash settlement</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(299,585)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Others</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(140,504)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(234,548)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;5,026 </FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Increase (decrease) in assets and liabilities </B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>2,072,677 </B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>1,157,528 </B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;(1,375,888)</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Net cash provided by operating activities</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>9,576,874 </B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>4,871,879 </B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>2,208,105 </B></FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; width: 54%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="width: 10%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 12%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 12%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 12%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Investments / acquisition of shares</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(132,197)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(209,832)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(218,840)</FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Purchase of property, plant and equipment</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">10 11 12</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,683,839)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(2,214,456)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,317,102)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Receipt/(Payment) in derivative transactions</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(230)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(372)</FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Purchase of intangible assets</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">10</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(1,427)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(2,200)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Loans granted to related parties</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(101,631)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(101,913)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(101,908)</FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Loans received from related parties</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;14,584 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;23,623 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;-</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Financial investment, net of redeemed amount</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;39,428 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">289,213 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(167,773)</FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Cash received by disposal of Usiminas&#8217; shares</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">-&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;39,377 </FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Net cash received from the sale of a foreign subsidiary </FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">-&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1,670,359 </FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Cash used to acquire interest in CBSI</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(21,345)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;-</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Net cash used in investing activities</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;(1,863,655)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;(2,236,367)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;(98,459)</B></FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">New borrowings and financing </FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">13.b</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">8,085,902 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;10,068,627 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">2,143,679 </FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Cost of transaction</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(39,174)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(67,362)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(92,287)</FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Repayment of borrowings</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">13.b</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(6,448,658)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(11,775,093)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(5,019,978)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Amortization of leases</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">16</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(103,648)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(94,727)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">-&nbsp;</FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Payment of dividends and interests on net equity</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(309,350)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,920,309)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(502,002)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Treasury shares</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">213,402 </FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Net cash provided by (used in) financing activities</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>1,185,072 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;(3,788,864)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;(3,257,186)</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Exchange rate changes on cash and cash equivalents of</B></FONT></P>
                                                                               <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>foreign subsidiaries</B></FONT></P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;(42,660)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>(5,697)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;(16,028)</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Increase (decrease) in cash and cash equivalents</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">8,855,631 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,159,049)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,163,568)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Cash and cash equivalents at the beginning of the year</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">1,088,955 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">2,248,004 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">3,411,572 </FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Cash and cash equivalents at the end of the year</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;3</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>9,944,586 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>1,088,955 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>2,248,004 </B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Calibri, Helvetica, Sans-Serif; margin: 0">The accompanying notes are an integral part of these consolidates financial
statements</P>

<P STYLE="font: 12pt Calibri, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 137 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="9" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Companhia
    Sider&uacute;rgica Nacional and Subsidiaries </B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="9" STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Consolidated
    Statement of Changes in Shareholders&acute; Equity</FONT></TD></TR>
  <TR>
    <TD COLSPAN="9" STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;Thousands
    of Brazilian reais</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; padding-right: 3.5pt; padding-left: 3.5pt; width: 44%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; width: 7%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;Paid-in
    Capital </B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; width: 7%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;Capital
    Reserve </B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; width: 7%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;Earnings
    Reserve </B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; width: 7%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;Retained
    earnings/ (accumulated losses) </B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; width: 7%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;Other
    comprehensive income </B></FONT></TD>
    <TD STYLE="text-align: center; width: 7%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;Shareholders&acute;
    Equity </B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; width: 7%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;Non-Controlling
    interests </B></FONT></TD>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; width: 7%"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;Consolidated
    Equity </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Balances
    at December 31, 2017</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>4,540,000
    </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>30
    </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;(1,291,689)
    </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>3,779,032</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>7,027,373
    </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>1,260,856
    </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; background-color: white; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>8,288,229
    </B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Capital
    transactions with shareholders</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">32,690
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;180,712
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(898,332)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(684,930)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(684,930)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Sales
    of treasury shares</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;180,712
    </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;180,712
    </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;180,712
    </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Dividends</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(898,332)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(898,332)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(898,332)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Profit
    on disposal of shares</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">32,690
    </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">32,690
    </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">32,690
    </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8.05pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Total
    comprehensive income</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;5,074,136
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(2,713,844)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;2,360,292
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;126,447
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;2,486,739
    </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Net
    income for the year</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;5,074,136
    </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;5,074,136
    </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;126,447
    </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;5,200,583
    </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Other
    comprehensive income</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(2,713,844)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(2,713,844)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(2,713,844)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Cumulative
    translation adjustments for the period</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(87,101)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(87,101)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(87,101)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Actuarial
    gain/(loss) on defined benefit pension plan, net of taxes</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;1,316
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;1,316
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;1,316
    </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Gain/(Loss)
    on available-for-sale assets, net of taxes</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,559,680)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,559,680)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,559,680)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Gain/(loss)
    on percentage change in investments</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(105)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(105)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(105)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Gain/(loss)
    on cash flow hedge accounting, net of taxes</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,045,771)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,045,771)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,045,771)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Gain/(loss)
    on hedge of net investments in foreign subsidiaries</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(21,852)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(21,852)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(21,852)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Gain/(loss)
    on business combination</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(651)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(651)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(651)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Constitution
    of reserves</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;2,884,115
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(2,884,115)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8.05pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Non-controlling
    interests in subsidiaries</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(76,598)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #D9E1F2; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(76,598)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Balances
    at December 31, 2018</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;4,540,000
    </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>32,720
    </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;3,064,827
    </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;1,065,188
    </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;8,702,735
    </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;1,310,705
    </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;10,013,440
    </B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="9"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    </TR>
  </TABLE>

<!-- Field: Page; Sequence: 138 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="width: 44%; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Capital transactions with shareholders</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 7%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 7%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 7%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 7%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(422,694) </FONT></TD>
    <TD STYLE="white-space: nowrap; width: 7%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 7%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(422,694)</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 7%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(578,862) </FONT></TD>
    <TD STYLE="white-space: nowrap; width: 7%; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(1,001,556)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Dividends</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(424,903)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(424,903) </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(513,842) </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(938,745) </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Interests on net equity</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(65) </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(65)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Reversal by prescription of dividends and interest on shareholder&#8217;s equity</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;2,209 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;2,209 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;2,209 </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8.05pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Total comprehensive income</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;1,789,067 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;105,436 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;1,894,503 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;455,545 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;2,350,048 </FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Net income for the year</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;1,789,067 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;1,789,067 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;455,444 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;2,244,511 </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Other comprehensive income</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;105,436 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;105,436 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;101 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;105,537 </FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Cumulative translation adjustments for the period</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">32,922 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">32,922 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">32,922 </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Actuarial gain/(loss) on defined benefit pension plan, net of taxes</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(113,195) </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(113,195) </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(193) </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(113,388) </FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(Loss) / gain on the percentage change in investments</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(2,288) </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(2,288) </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;294 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(1,994) </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Gain/(loss) on cash flow hedge accounting, net of taxes</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;185,525 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;185,525 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;185,525 </FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Gain/(loss) on hedge of net investments in foreign subsidiaries</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;2,472 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;2,472 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;2,472 </FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Constitution of reserves</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;1,366,373 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(1,366,373) </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Balances at December 31, 2019</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;4,540,000 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>32,720 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;4,431,200 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;1,170,624 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;10,174,544 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;1,187,388 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;11,361,932 </B></FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Capital transactions with shareholders</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;1,500,000 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,500,000)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(901,145)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(901,145)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(347,458)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,248,603)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Proposed capital increase </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;1,500,000 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,500,000)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;-</FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Dividends </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(901,145)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(901,145)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(296,936)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(1,198,081)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Interests on net equity</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(50,522)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;(50,522)</FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8.05pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Total comprehensive income</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;3,794,295 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(3,154,243)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;640,052 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;498,124 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;1,138,176 </FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Net income for the year</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;3,794,295 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;3,794,295 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;498,323 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;4,292,618 </FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Other comprehensive income</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(3,154,243)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(3,154,243)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(199)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(3,154,442)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Cumulative translation adjustments for the period</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;581,175 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;581,175 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;581,175 </FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Actuarial gain/(loss) on defined benefit pension plan, net of taxes</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;133,069 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;133,069 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(131)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;132,938 </FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(Loss) / gain on the percentage change in investments</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;6,102 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;6,102 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;6,102 </FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Gain/(loss) on cash flow hedge accounting, net of taxes</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(3,869,765)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(3,869,765)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(68)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(3,869,833)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Gain/(loss) on hedge of net investments in foreign subsidiaries</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(4,824)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(4,824)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">(4,824)</FONT></TD></TR>

  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Internal changes in shareholders&#8217; equity</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;2,893,150 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(2,893,150)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;-</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;-</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; text-indent: 8pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">Constitution of reserves</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;2,893,150 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;(2,893,150)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;-</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;-</B></FONT></TD></TR>
  <TR STYLE="background-color: #DBE5F1">
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>Balances at December 31, 2020</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;6,040,000 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>32,720 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;5,824,350 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;-</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>(1,983,619) </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;9,913,451 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;1,338,054 </B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right"><FONT STYLE="font: 8pt Arial, Helvetica, Sans-Serif"><B>&nbsp;&nbsp;11,251,505 </B></FONT></TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 139; Options: NewSection; Value: 8 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0 0 0 17.85pt; text-indent: -17.85pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">1.</TD><TD STYLE="text-align: justify">DESCRIPTION OF BUSINESS</TD></TR></TABLE>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 17.85pt; text-align: justify">&nbsp;&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Companhia Sider&uacute;rgica Nacional &#8220;CSN&#8221;,
also referred to as the &#8220;Company&#8221;, is a publicly-held company incorporated on April 9, 1941, under the laws of the Federative
Republic of Brazil (Companhia Sider&uacute;rgica Nacional, its subsidiaries, joint ventures, joint operations and associates are collectively
referred to herein as the &quot;Group&#8221;). The Company&#8217;s registered office is located in S&atilde;o Paulo, SP, Brazil.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 144.75pt">&nbsp;</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">CSN is listed on the S&atilde;o Paulo Stock Exchange
(B3 S.A.- Brasil, Bolsa, Balc&atilde;o) and on the New York Stock Exchange (NYSE).</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Group's main operating activities are divided
into five (5) segments as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/116% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font: 9pt Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 9pt"><B>Steel:</B></FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company&#8217;s main industrial facility is
the Presidente Vargas steelworks (&#8220;UPV&#8221;), located in the city of Volta Redonda, State of Rio de Janeiro. This segment consolidates
all operations related to the production, distribution and sale of flat steel, long steel, metallic containers and galvanized steel. In
addition to the facilities in Brazil, CSN has commercial operations in the United States and operations in Portugal and Germany to achieve
markets and providing excellent services for final consumers. Its steel is used in home appliances, civil construction and automobile
industries.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/116% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font: 9pt Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 9pt"><B>Mining:</B></FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The production of iron ore is developed in the
cities of Congonhas, Ouro Preto and Belo Vale, State of Minas Gerais &#8211; by subsidiary CSN Minera&ccedil;&atilde;o.</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 6pt 0 0 2.85pt; text-align: justify">Iron ore is sold basically in the
international market, especially in Europe and Asia. The prices charged in these markets are historically cyclical and subject to significant
fluctuations over short periods of time, driven by several factors related to global demand, strategies adopted by the major steel producers,
and the foreign exchange rate. All these factors are beyond the Company&#8217;s control. The ore transportation is carried out through
Terminal de Carv&atilde;o e Min&eacute;rios do Porto de Itaguai &#8211; (&#8220;TECAR&#8221;), a solid bulk terminal, one of the four
terminals that comprise the Port of Itaguai, located in the State of Rio de Janeiro. Imports of coal and coke are also carried out through
this terminal by provision of services by CSN Minera&ccedil;&atilde;o to CSN. The Company&acute;s mining activities also comprises tin
exploitation, which is based in the State of Rond&ocirc;nia, to supply the needs of UPV. The excess of raw material is sold to subsidiaries
and third parties.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">As a pioneer in the use of technologies that result
in the possibility of stacking the tailings generated in the iron ore production process, the Company has had its iron ore production
since January 2020, 100% independent of tailings dams. After significant investments in recent years to raise the level of reliability,
mischaracterization and dry stacking, the Company has moved on to a scenario in which 100% of its waste goes through a dry filtration
process and is disposed of in geotechnically controlled batteries, areas exclusively destined for stacking. Approximately R$250 million
was invested in the two tailings filtration plants that have a combined total filtration capacity of 9 million tons per year.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">As a consequence of these measures, the decommissioning
of the dams is the natural way of processing dry waste.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">All of our mining dams are positively certified
and comply with the environmental legislation in force.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Cements</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">CSN entered the cement production market in 2009,
catapulted by the synergy between this activity and CSN's current business. Beside the UPV facilities, in Volta Redonda / RJ, the Company
installed a new business unit, which produces CP-III type cement using the slag produced by the UPV&#8217;s own blast furnaces. It also
explores limestone and dolomite at the Arcos / MG unit, to meet the needs of the UPV and the cement plant. Additionally, in Arcos / MG,
the clinker production operation is located. As a result, the Company is self-sufficient in the production of cement, with an installed
capacity of 4.7 million tons per year.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>



<!-- Field: Page; Sequence: 140 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Logistics:</TD></TR></TABLE>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><I>Railroads:</I></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">CSN has interests in three railroad companies:
MRS Log&iacute;stica S.A., which manages the former Southeast Railway System of Rede Ferrovi&aacute;ria Federal S.A (&#8220;RFFSA&#8221;).,
Transnordestina Log&iacute;stica S.A. (&#8220;TLSA&#8221;) and FTL - Ferrovia Transnordestina Log&iacute;stica S.A. (&#8220;FTL&#8221;),
which the the latter two hold the concession to operate the former Northeast Railway System of RFFSA, in the States of Maranh&atilde;o,
Piau&iacute;, Cear&aacute;, Rio Grande do Norte, Para&iacute;ba, Pernambuco, Alagoas and Sergipe, with TLSA being responsible for the
rail links of Eliseu Martins &#8211; Trindade, Trindade &#8211; Salgueiro, Salgueiro &#8211; Porto Suape, Salgueiro &#8211; Miss&atilde;o
Velha and Miss&atilde;o Velha - Pec&eacute;m (Railway System II), under construction, and FTL being responsible for the rail links of
S&atilde;o Luis - Altos, Altos - Fortaleza, Fortaleza &#8211; Souza, Souza - Recife/Jorge Lins, Recife/Jorge Lins &#8211; Salgueiro, Jorge
Lins &#8211; Propri&aacute;, Paula Cavalcanti &#8211; Cabedelo, Itabaiana - Macau (Railway System I).</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><I>Ports<B>:</B></I></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company operates in the State of Rio de Janeiro,
by means of its subsidiary Sepetiba Tecon S.A., operates the Container Terminal (&#8220;TECON&#8221;) and by means of its subsidiary CSN
Minera&ccedil;&atilde;o, the TECAR, both located at the Itagua&iacute; Port. Established in the harbor of Sepetiba, the mentioned port
has a privileged highway, railroad and maritime access.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(&#8220;TECON&#8221;) is responsible for the shipments
of CSN&acute;s steel products, movement and storage of containers, vehicles, general cargo, among other products; and TECAR performs the
operational activities of loading and unloading of solid bulk ships, storage and distribution (road and rail) of coal, coke, zinc concentrate,
sulfur, iron ore and other bulk, intended for the seaborne market, for our own operation and for third parties.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Energy:</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Since the energy supply is fundamental in CSN&acute;s
production process, the Company owns and operates facilities to generate electric power for guaranteeing its self-sufficiency.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 9pt">The note 29 - &#8220;Segment
Information</FONT>&#8221; <FONT STYLE="font-size: 9pt">details the financial information per each of CSN&acute;s business segment.</FONT></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">GOING CONCERN</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In 2020, the Company repaid approximately R$8.4
billion of its borrowings and financing. In 2021, we expect to repay R$4.2 billion. Financial leverage may adversely affect the Company&#8217;s
business, financial conditions and operating results, with the following main impacts considered by Management:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-weight: normal">Use of cash generated from operations for the repayment of borrowings and financing;</FONT></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-weight: normal">Exposure to (i) interest rate fluctuations, due to the renegotiation of debts and possible new
borrowings and financing; and (ii) foreign exchange, since a significant portion of borrowings and financing are U.S. Dollar denominated;</FONT></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-weight: normal">Increase in the economic and financial vulnerability in the event of adverse conditions in the
industry and segment, due to the limited resources available in the short term, considering the high financial leverage and expected cash
disbursements;</FONT></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-weight: normal">Limitation of the Company&#8217;s ability to conduct new business (acquisitions) until the financial
leverage is reduced;</FONT></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-weight: normal">Limitation of the Company&#8217;s ability to obtain new lines of credit at more favorable interest
conditions due to the risks related to the current financial leverage.</FONT></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company&#8217;s ability to continue operating
on a going concern basis, therefore, depends on the achievement of operating targets determined by Management, in addition to refinancing
the contracted debts, and / or actions related to financial deleveraging.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In addition to the continuous focus on improving
operating results, Management continues with initiatives to increase the Company&#8217;s liquidity by extending payment terms for loans
and financing. See note 13.a - Maturities of loans, financing and debentures presented in current and non-current liabilities.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Additionally, Management is studying alternatives
to financial deleveraging from the sale of non-strategic assets and other initiatives, such as the recently concluded Initial Public Offering
of Shares of the subsidiary CSN Minera&ccedil;&atilde;o SA, whereby the </P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">CSN Group improved its liquidity by R$4,155 million.
Other alternatives are also considered, but it is not possible to ensure that they will occur within a period of 12 months. Accordingly,
the Company did not segregate and reclassify any assets in the financial statements as discontinued operations in accordance with IFRS
5.</P>
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>


<!-- Field: Page; Sequence: 141 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->





<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Based on Management&#8217;s cash flow projections
<FONT STYLE="line-height: 115%">that covered the operational period </FONT>until February 2022, which depend on factors such as meeting
production targets, sales volumes and prices, as well as the renegotiation of loans and financing, Management understands that the Company
has adequate resources to continue its operations. Accordingly, the Company&#8217;s financial statements for the year ended December 31,
2020 were prepared based on the assumption of going concern.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">2.</TD><TD STYLE="text-align: justify">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">2.a)</TD><TD STYLE="text-align: justify">Declaration of conformity</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The consolidated financial statements have been
prepared and are being presented in accordance with International Financial Reporting Standards (&#8220;IFRS&#8221;) issued by the International
Accounting Standards Board (IASB) and includes all of the relevant information of the financial statements, and only this information,
which correspond to those used by the Company&#8217;s management in its activities.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">2.b)</TD><TD STYLE="text-align: justify">Basis of presentation</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0">The financial statements have been prepared using the historical cost
as the basis of value, the net realizable value, the fair value or the recovery value, except when otherwise indicated.</P>

<P STYLE="font: 10pt PetrobrasSans; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The preparation of these financial statements requires
Management to use certain accounting estimates, judgments and assumptions that affect the application of Accounting Polices and the amounts
reported on the balance sheet date of assets, liabilities, income and expenses may differ from actual future results. The assumptions
used are based on history and other factors considered relevant and are reviewed by the Company&#8217;s management.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The accounting policies and critical estimates,
when applicable and relevant, are included in the respective explanatory notes and are consistent with the previous year presented, as
shown below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Times New Roman, Times, Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Explanatory note 10 e - Recoverability test of investment on Transnordestina
Log&iacute;stica SA (&#8220;TLSA&#8221;);</FONT></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Explanatory note 12 a - Goodwill impairment test;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Explanatory note 14 - Derivative financial instruments and hedge accounting (&#8220;hedge accounting&#8221;);</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Explanatory note 18 d - Deferred income and social contribution taxes: availability of future taxable income against which deductible
temporary differences and tax losses can be used;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Explanatory note 20 - Provision for tax, social security, labor, civil, environmental risks and judicial deposits;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Explanatory note 21 - Provisions for environmental liabilities and asset retirement obligations;</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Explanatory note 30 - Employee benefits.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The consolidated financial statements were approved
by Board of Directors on April 12, 2021.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">2.c)</TD><TD STYLE="text-align: justify">Functional currency and presentation currency</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 17.85pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The accounting records included in the financial
statements of each of the Company&#8217;s subsidiaries are measured using the currency of the principal of the economic environment in
which each subsidiary operates (&#8220;the functional currency&#8221;). The consolidated financial statements are presented in R$ (reais),
which is the Company&#8217;s functional and reporting currency.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Foreign currency transactions are translated into
the functional currency using the exchange rates prevailing on the transaction or valuation dates, in which the items are remeasured.
The balances of the asset and liability accounts are translated using the exchange rate on the balance sheet date. As of December 31,
2020, US$1,00 is equivalent to R$5.1967 (R$4.0307 on December 31, 2019) and &#8364;1,00 is equivalent to R$6.3779 (R$4.5305 on December
31, 2019), as stated on the website of the Brazilian Central Bank.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>




<!-- Field: Page; Sequence: 142 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">2.d)</TD><TD STYLE="text-align: justify">Explanatory notes for basis of presentation</TD></TR></TABLE>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 17.85pt; text-align: justify">&nbsp;</P>
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In 2020, the Company improved the presentation
of its financial statements to users. As a result, the relevant information for assessing the Company's financial position was changed
and, accordingly, accounting practices related to assets, liabilities, revenues and expenses are now presented in the explanatory notes
of each relevant item.</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Additionally, in order to improve the presentation with
more qualitative aspects, the Company discloses long-term inventory in note 7 and the current and non-current recoverable taxes in note
8, which were previously presented as other current and non-current assets.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">2.e)</TD><TD STYLE="text-align: justify">Adoption of new and revised International Financial Reporting Standards (IFRS)</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 17.85pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">During the year of 2020, the IASB issued the revision
of the referred standards below, already in force in the year of 2020. Some accounting pronouncements that became effective as of January
1, 2020, having been adopted and without significant impacts on the Company&#8217;s results and financial position were as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 21.3pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.95pt"></TD><TD STYLE="width: 10.35pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Business definition (changes to IFRS 3)</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.95pt"></TD><TD STYLE="width: 10.35pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Definition of materiality (changes to IAS 1 and IAS 8)</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.95pt"></TD><TD STYLE="width: 10.35pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Reform of the benchmark interest rate (changes to IFRS 9, IAS 39 and IFRS 7)</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.95pt"></TD><TD STYLE="width: 10.35pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Changes to references to the basic conceptual framework (various standards)</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.95pt"></TD><TD STYLE="width: 10.35pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Concessions related to COVID-19 (amendments to IFRS 16)</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">The changes were evaluated and adopted by the Company&#8217;s management,
and there were no impacts on its financial statements regarding their application.</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">New standards, changes and interpretations to existing
standards that are not yet effective and have not been adopted in advance by the Company (for which no significant impact is expected
in the initial adoption period and that, therefore, additional disclosures are not being made):</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 22.7pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.95pt"></TD><TD STYLE="width: 10.35pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">IFRS 17 &#8212; Insurance Contracts</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.95pt"></TD><TD STYLE="width: 10.35pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Changes to IFRS 17 Insurance contracts (changes to IFRS 17 and IFRS 4)</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.95pt"></TD><TD STYLE="width: 10.35pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">References to the Conceptual Framework</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.95pt"></TD><TD STYLE="width: 10.35pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Products before intended use (changes to IAS 16)</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.95pt"></TD><TD STYLE="width: 10.35pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Onerous contracts - cost of fulfilling a contract (changes to IAS 37)</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.95pt"></TD><TD STYLE="width: 10.35pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Annual cycle of improvements to IFRS 2018-2020 (changes to IFRS 1, IFRS 9, IFRS 16 and IAS 41)</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.95pt"></TD><TD STYLE="width: 10.35pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Classification of liabilities as current and non-current (changes to IAS 1)</TD></TR></TABLE>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">3.</TD><TD STYLE="text-align: justify">IMPACTS OF COVID-19</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 18pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">At the end of 2019, the COVID-19 virus spread worldwide,
and in March 2020, the WHO (World Health Organization) declared a pandemic of this disease. Since the beginning of the pandemic, the Company
has adopted several precautionary measures in all its areas to reduce the exposure of its employees and to guarantee the continuity of
its business. In this sense, all employees in chronic conditions of vulnerability (risk group) were mapped and put on vacation together
with most other employees in order to reduce their corporate staff by around 50%. In addition, masks were provided for all employees,
hand sanitizer was made available in all company facilities, and we also released internal communications with preventive measures in
order to reinforce the hygiene protocols recommended by the competent authorities.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company permanently assesses the effects caused
by COVID-19 on its business, since, mainly in the 2nd quarter of 2020, economic activities in Brazil were drastically reduced, with restrictions
and measures of social distancing having been imposed in order to reduce the virus circulation. Many of these restrictions were relieved
by the authorities in the 3rd quarter and the Company did not suffer significant impact to its business during the year.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company&#8217;s economic activity is directly
linked to the demand for steel products in the automotive, domestic and civil construction sectors, as well as iron ore, both in the domestic
and international markets. Any reduction in the activity of these sectors could affect the demand and the price of products and have significant
impact to the Company&#8217;s financial position and results.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Below we present the main economic effects to the
Company in relation to COVID-19:</P>


<!-- Field: Page; Sequence: 143 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0">a) Operational effects</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company&#8217;s investment budget for 2020
has been revised considering the adverse effects of the global economic slowdown. In this sense, the review reduced the amount of investments,
giving priority to the execution of current investment projects that are fundamental for the maintenance of conditions of operational
capacity, environment and safety.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company stifled the Blast Furnace 2 located
at the Presidente Vargas Steelworks (UPV), in the municipality of Volta Redonda - RJ, in early June 2020. <FONT STYLE="line-height: 115%">The
decision was based on the weak global economic scenario since CSN is a major supplier of raw material to the automotive, appliances and
civil construction industries</FONT>. However, the recently renovated Blast Furnace 3 met the demand until Blast Furnace 2 resumed in
late November 2020.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The effects of the pandemic were perceived in the
2nd quarter of the year, having caused some impact to revenues, mainly from the steel manufacturing operations. The other segments did
not suffer significant impacts.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company did not suffer any significant impact
to its railway and maritime logistics. There was also no impact to the availability of supplies that would interrupt operational activities.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">b) Recoverability of financial and non-financial
assets and liabilities</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The pandemic did not have a significant impact
on the fair value of the Company&#8217;s assets and liabilities, with the exception of a temporary adverse impact on the market value
of Usiminas&#8217; shares, which up to March 31, 2020 had accumulated losses of R$962 million in that quarter, having if fully recovered
by the end of the year and contributed positively to the Company&#8217;s result with a gain in the year of R$1,190 million. In limited
situations some <I>covenants</I> or special obligations applicable to our debts could have been achieved. The Company constantly monitored
and continues to monitor these indicators in order to avoid risks to its financial position.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">There was no material impact to the Company&#8217;s
financial assets. A portion of receivables that had been past due was received during the 2nd quarter. The Company&#8217;s average term
of receipt has not changed.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="line-height: 115%">Our portfolio of
investments and the nature of our industrial plants have long-term characteristics</FONT>. The long-term operational and economic context
to which the Company operates allows greater flexibility in the strategies and plans to mitigate the risks and effects of the pandemic
on its business and, consequently, ensure the maintenance of the expected recoverability of its non-financial assets, whether investments,
fixed assets and tax credits. At the beginning of the pandemic, Management conducted tests stressing several assumptions used in business
projections, especially for 2020 and 2021. These stressed assumptions remained unchanged throughout the year and, consequently, the was
no need to recognize any losses due to <I>impairment</I> in the financial statements as of December 31, 2020.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">According to the guidelines of the Brazilian Securities
and Exchange Commission (CVM), the Company assessed any effects that are related to business continuity and its accounting estimates.
Despite some adverse effects perceived at the beginning of the pandemic, which over the rest of the year dissipated, such adverse effects
did not bring risks of continuity or the need for adjustments to accounting estimates that would produce significant effects on the Company&#8217;s
business and consequently on its position equity and financial.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company maintains all of its medium and long-term
production and sales forecasts.</P>



<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 144 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">4.</TD><TD STYLE="text-align: justify">CASH AND CASH EQUIVALENTS</TD></TR></TABLE>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="background-color: white; width: 45%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 27%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 27%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; background-color: white">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">Cash and banks</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">In Brazil</TD>
    <TD STYLE="text-align: right">&nbsp;245,185</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">42,736</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Abroad</TD>
    <TD STYLE="text-align: right">&nbsp;3,899,282</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;454,033</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;4,144,467</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;496,769</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">Investments</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">In Brazil</TD>
    <TD STYLE="text-align: right">&nbsp;5,800,119</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;531,924</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Abroad</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">60,262</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;5,800,119</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;592,186</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;9,944,586</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;1,088,955</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Our investments are basically in private and public
securities with yields linked to the variation of Interbank Deposit Certificates (CDI) and repo operations backed by National Treasury
Notes respectively. The Company invests part of the funds through exclusive investment funds which have been consolidated in these financial
statements.</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Our investments abroad are in private securities in
top-rated banks and are remunerated at pre-fixed rates.</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Cash and cash equivalents include cash, bank deposits
and other short-term investments of immediate liquidity, redeemable within 90 days of the contracting date, readily convertible into an
amount known as cash and with an insignificant risk of changing its market value.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">5.</TD><TD STYLE="text-align: justify">FINANCIAL INVESTMENTS</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 36%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 15%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 15%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 15%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 15%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Current</TD>
    <TD STYLE="font-weight: bold; background-color: white">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Non Current</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD>
    <TD STYLE="font-weight: bold; background-color: white">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Investments(1)</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">478,253</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;518,553</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Usiminas shares(2)</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">3,305,109</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;2,114,620</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Bonds (3)</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">123,409</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;95,719</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">3,783,362</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;2,633,173</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">123,409</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;95,719</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">(1)</TD><TD STYLE="text-align: justify">These are restricted financial investments and linked to a Bank Deposit Certificate (CDB) to guarantee
a letter of guarantee from financial institutions and financial investments in Public Securities (LFT - Letras Financeiras do Tesouro)
managed by their exclusive funds.</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">(2)</TD><TD STYLE="text-align: justify">P<FONT STYLE="line-height: 115%">art of the shares guarantees a portion of the Company's debt</FONT>.</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">(3)</TD><TD STYLE="text-align: justify">B<I>onds</I> with Fibra bank due in February 2028 (see note 22).</TD></TR></TABLE>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.4pt">&nbsp;&nbsp;</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Short-term investments that are not classified
as cash equivalents and are measured at amortized cost and at fair value through profit or loss.</P>



<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 145 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">6.</TD><TD STYLE="text-align: justify">TRADE RECEIVABLES</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 45%">&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; width: 27%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 27%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Trade receivables</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">Third parties</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Domestic market</TD>
    <TD STYLE="text-align: right">910,657</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,118,632</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 24px; text-align: left">Foreign market</TD>
    <TD STYLE="text-align: right">2,063,867</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,003,905</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">2,974,524</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">2,122,537</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Allowance for doubtful debts</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(228,348)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(245,194)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,746,176</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,877,343</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Related parties (note 22 b)</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">121,176</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">170,588</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">2,867,352</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">2,047,931</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The composition of the gross balance of accounts
receivable from third party customers is shown as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 45%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 27%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 27%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Current</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">2,537,567</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">1,739,746</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Past-due up to 30 days</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">222,972</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">132,845</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: left">Past-due up to 180 days</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;17,915</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;23,877</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">Past-due over 180 days</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">196,070</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">226,069</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">2,974,524</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">2,122,537</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The changes in credit losses are as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 44%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 27%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 27%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Opening balance</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;(245,194)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;(237,352)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">(Loss)/Reversal estimated</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;7,513</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">(43,313)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">Recovery and write-offs of receivables&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;9,333</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">35,471</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Closing balance</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;(228,348)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;(245,194)</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounts receivable are initially recognized by
the transaction price, provided they do not contain financing components, and subsequently measured at amortized cost. When applicable,
it is adjusted to present value including the respective taxes and ancillary expenses, and customer credits in foreign currency are restated
at the exchange rate on the date of the financial statements.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company measures credit losses annually expected
for the instrument, where it considers all possible loss events over the life of its receivables, using a loss rate matrix by maturity
range adopted by the Company, from the initial moment (recognition) of the asset. This model considers the client&#8217;s history, default
rate, financial situation and the position of its legal advisors to estimate expected credit losses.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company <FONT STYLE="line-height: 115%">performs
operations relating to assignment of receivables without co-obligation in which</FONT>, after the assignment of duplicates / securities
from the client and receipt of funds arising from the closing of each operation, CSN settles the accounts receivable and relieves itself
entirely of the operation&#8217;s credit risk.</P>




<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 146 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">7.</TD><TD STYLE="text-align: justify">INVENTORIES</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 115.5pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 45%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; width: 27%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; width: 27%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">Finished goods</TD>
    <TD STYLE="text-align: right">1,627,676</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,691,842</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Work in progress<SUP>(1)</SUP></TD>
    <TD STYLE="text-align: right">1,358,905</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,438,868</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Raw materials</TD>
    <TD STYLE="text-align: right">1,289,653</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,493,129</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Spare parts</TD>
    <TD STYLE="text-align: right">928,158</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">902,135</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">Advances to suppliers</TD>
    <TD STYLE="text-align: right">69,536</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">35,828</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Provision for losses&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(109,038)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(134,553)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;5,164,890</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;5,427,249</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Classified:</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Current</TD>
    <TD STYLE="text-align: right">4,817,586</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">5,282,750</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Non-current</TD>
    <TD STYLE="text-align: right">347,304</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">144,499</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;5,164,890</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;5,427,249</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 9pt">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 9pt">Long-term iron ore inventories that will be used after the construction of
the processing plant, which will produce pellet feed, In 2020, the Company defined the construction project for the new plant for processing
Itabirito, which until then was considered as waste, and started to be incorporated into the long-term ore inventory.</FONT></TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The changes in estimated losses on inventories
are as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 44%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 27%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 27%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Opening balance</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;(134,553)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;(157,754)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: left">(Estimated losses) / Reversal of inventories with low turnover and obsolescence</TD>
    <TD STYLE="vertical-align: middle; background-color: white">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;25,515</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;23,201</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Closing balance</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;(109,038)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;(134,553)</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The inventory is recorded at the lower of cost
and net realizable value. The cost is determined using the weighted average cost method for the purchase of raw materials. The cost of
finished products and work in process comprises raw materials, labor, other direct costs (based on normal production capacity). The net
realizable value is the estimated selling price in the ordinary course of business, less the estimated costs of completion and the estimated
costs necessary to realize the sales. Estimated losses on slow-moving or obsolete inventories are recognized when deemed necessary.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">8.</TD><TD STYLE="text-align: justify">RECOVERABLE TAXES</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0pt; text-align: justify"><B></B>&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 45%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; background-color: white; width: 27%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 27%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">State Value-Added Tax</TD>
    <TD STYLE="text-align: right">1,002,926</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,109,887</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Brazilian federal contributions <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right">1,417,081</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,230,793</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">Other taxes</TD>
    <TD STYLE="text-align: right">123,939</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;61,675</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">2,543,946</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">3,402,355</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Classified:</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Current</TD>
    <TD STYLE="text-align: right">1,605,494</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,282,415</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Non-current</TD>
    <TD STYLE="text-align: right">938,452</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,119,940</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">2,543,946</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">3,402,355</TD></TR>
  </TABLE>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">1.</TD><TD STYLE="text-align: justify">Refers mainly to PIS / COFINS (VAT Federal) all to be recovered and income tax and social contribution
to be offset. In respect to PIS and COFINS to be recoverable on September 20, 2018, the writ of mandamus and special appeal filed in 2006,
in which CSN and the Federal Union are parties, related to the discussion about the non-inclusion of ICMS in the PIS and COFINS calculation
basis, was judged in final court decision, confirmed the right of CSN to offset the amounts unduly paid as a result of the PIS and COFINS
base being increased by the inclusion of ICMS in the period from 2001 to 2014.</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 147 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Accounting Policy</B></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>


<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The balance of recoverable taxes maintained as
current asset is expected to be offset in the next 12 months, as well as based on analysis and budget projection approved by Management.
We do not foresee risks of non-realization of these tax credits.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">9.</TD><TD STYLE="text-align: justify">OTHER CURRENT AND NON-CURRENT ASSETS</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Other current and non-current assets are as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 37%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; background-color: white; width: 15%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; background-color: white; width: 15%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 15%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 15%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center; background-color: white">Current</TD>
    <TD COLSPAN="3" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Non-current</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD>
    <TD STYLE="font-weight: bold; text-align: center; background-color: white">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Judicial deposits (note 20)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">325,117</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">328,371</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Credits with the PGFN <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;46,774</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Prepaid expenses</TD>
    <TD STYLE="text-align: right">136,527</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">107,428</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">115,636</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">126,213</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Prepaid expenses with sea freight <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;74,500</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;96,305</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Actuarial asset (note 30)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;13,819</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;13,714</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Derivative financial instruments (note 14 I)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,364</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">4,203</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Securities held for trading (note 14 I)</TD>
    <TD STYLE="text-align: right">5,065</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">4,034</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Loans with related parties (nota 14 I and 22.b)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">966,050</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">846,300</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Other receivables from related parties (note 22 b)</TD>
    <TD STYLE="text-align: right">6,242</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,830</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">664,020</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">428,672</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Other receivables (note 14 I)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,445</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">7,059</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Eletrobr&aacute;s compulsory loan (note 14 I) <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(3)</SUP></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">852,532</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">845,284</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Dividends receivables (note 22 b)</TD>
    <TD STYLE="text-align: right">&nbsp;38,088</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;44,554</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: justify">Employee debts</TD>
    <TD STYLE="text-align: right">&nbsp;28,054</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;33,045</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">Receivables by indemnity <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(4)</SUP></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">517,183</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Others</TD>
    <TD STYLE="text-align: right">&nbsp;79,338</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">102,021</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">146,245</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">146,525</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">367,814</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">390,581</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">3,603,047</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">2,793,115</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">1.</TD><TD STYLE="text-align: justify">In September 2020, the Company reclassified the amount to judicial deposits.</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Times New Roman, Times, Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">2.</TD><TD STYLE="text-align: justify">Refers a payment of freight expenses and maritime insurance over revenues didn&#8217;t recognized.</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">3.</TD><TD STYLE="text-align: justify">This is a certain and due amount, arising from the res judicata favorable decision to the Company, which
is irreversible and irrevocable, in order to apply the STJ's consolidated position on the subject, which culminated in the conviction
of Eletrobr&aacute;s to the payment of the correct interest and monetary adjustment of the Compulsory Loan. The res judicata decision,
as well as the certainty about the amounts involved in the liquidation of the sentence (judicial procedure to request the satisfaction
of the right), allowed the conclusion that the entry of this value is certain. In addition to this amount already recorded, the Company
continues to seek alternatives for the recovery of additional credits and the estimate can reach an amount greater than R$350 million.</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">4.</TD><TD STYLE="text-align: justify">This is a net, certain and enforceable amount, resulting from the final and unappealable decision of the
Court in favor of the Company, due to losses and damages resulting from the sinking of the voltage in the supply of energy in the periods
from January / 1991 to June / 2002. The receivable for indemnification in the amount of R$147,612 was recognized in the income statement
for the year in other operating income and expenses and in the financial result, the amount of R$369,571. See notes 27 and 28, respectively.</TD></TR></TABLE>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt">&nbsp;</P>


<!-- Field: Page; Sequence: 148 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">10.</TD><TD STYLE="text-align: justify">BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 17.85pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The accounting policies have been consistently
applied to all consolidated companies. The consolidated financial statements for the years ended December 31, 2020 and 2019 include the
following direct and indirect subsidiaries, joint ventures and joint operations, as well as the exclusive funds, as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 17.85pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 9pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 19%">Number of shares held by CSN in units</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 19%">Equity interests (%)</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 20%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 20%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold">Companies</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD>
    <TD STYLE="font-weight: bold; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: left">Core business</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Direct interest in subsidiaries: full consolidation</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">CSN Islands VII Corp.</TD>
    <TD STYLE="text-align: right">20,001,000</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Financial transactions&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">CSN Inova Ventures <FONT STYLE="font: normal 400 9pt Arial, Helvetica, Sans-Serif"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right">50,000</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Financial transactions&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">CSN Islands XII Corp.</TD>
    <TD STYLE="text-align: right">1,540</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Financial transactions&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>CSN Steel S.L.U.</TD>
    <TD STYLE="text-align: right">22,042,688</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Equity interests and Financial transactions</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>TdBB S.A (*)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Equity interests&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Sepetiba Tecon S.A.</TD>
    <TD STYLE="text-align: right">&nbsp;254,015,052</TD>
    <TD STYLE="text-align: right">&nbsp;99.99</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">99.99</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Port services&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Min&eacute;rios NacionalS.A.</TD>
    <TD STYLE="text-align: right">&nbsp;141,719,295</TD>
    <TD STYLE="text-align: right">&nbsp;99.99</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">99.99</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Mining and Equity interests&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom">Companhia Florestal do Brasil</TD>
    <TD STYLE="vertical-align: middle; text-align: right">66,354,391</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;99.99</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">99.99</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Reforestation&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Estanho de Rond&ocirc;nia S.A.</TD>
    <TD STYLE="text-align: right">&nbsp;195,454,162</TD>
    <TD STYLE="text-align: right">&nbsp;99.99</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">99.99</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Tin Mining</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Companhia Metal&uacute;rgica Prada</TD>
    <TD STYLE="text-align: right">&nbsp;555,142,354</TD>
    <TD STYLE="text-align: right">&nbsp;99.99</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">99.99</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Manufacture of containers and distribution of steel products&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">CSN Minera&ccedil;&atilde;o S.A.&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;158,419,480</TD>
    <TD STYLE="text-align: right">&nbsp;87.52</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">87.52</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Mining</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>CSN Energia S.A.&nbsp;</TD>
    <TD STYLE="text-align: right">43,149</TD>
    <TD STYLE="text-align: right">&nbsp;99.99</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">99.99</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Sale of electric power&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>FTL - Ferrovia Transnordestina Log&iacute;stica S.A.&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;486,592,830</TD>
    <TD STYLE="text-align: right">&nbsp;92.38</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">92.38</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Railroad logistics&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Nordeste Log&iacute;stica S.A.</TD>
    <TD STYLE="text-align: right">99,999</TD>
    <TD STYLE="text-align: right">&nbsp;99.99</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">99.99</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Port services&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">CSN Inova Ltd.&nbsp;</TD>
    <TD STYLE="text-align: left">-</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Advisory and implementation of new development projec&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: justify">CSN Equipamentos S.A <FONT STYLE="font: normal 400 9pt Arial, Helvetica, Sans-Serif"><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="text-align: left">-</TD>
    <TD STYLE="text-align: center">-</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">99.99</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Rental of commercial and industrial machinery and equipment&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>CBSI - Companhia Brasileira de Servi&ccedil;os de Infraestrutura</TD>
    <TD STYLE="text-align: right">4,669,986</TD>
    <TD STYLE="text-align: right">&nbsp;99.99</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Equity interests and product sales and iron ore&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>CSN Cimentos S.A<FONT STYLE="font: normal 400 9pt Arial, Helvetica, Sans-Serif"><SUP>.(3)</SUP></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;90</TD>
    <TD STYLE="text-align: right">&nbsp;90.00</TD>
    <TD STYLE="color: red">&nbsp;</TD>
    <TD STYLE="text-align: center">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Manufacturing and sale of cement</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="color: red">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Indirect interest in subsidiaries: full consolidation</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="color: red; font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Lusosider Projectos Sider&uacute;rgicos S.A.</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="color: red">&nbsp;</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Equity interests and product sales&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Lusosider A&ccedil;os Planos, S. A.</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;99.99</TD>
    <TD STYLE="color: red">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;99.99</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Steel and Equity interests&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">CSN Resources S.A.</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="color: red; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Financial transactions and Equity interests&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">Companhia Brasileira de Latas&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;99.99</TD>
    <TD STYLE="color: red; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;99.99</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Sale of cans and containers in general and Equity interests&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom">Companhia de Embalagens Met&aacute;licas MMSA&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;99.67</TD>
    <TD STYLE="color: red; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;99.67</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Production and sale of cans and related activities&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">Companhia de Embalagens Met&aacute;licas - MTM&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;99.67</TD>
    <TD STYLE="color: red; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;99.67</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Production and sale of cans and related activities&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom">CSN Steel Holdings 1, S.L.U.&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">100.00</TD>
    <TD STYLE="color: red; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">100.00</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Financial transactions, product sales and Equity interests&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">CSN Productos Sider&uacute;rgicos S.L.&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">100.00</TD>
    <TD STYLE="color: red; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">100.00</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Financial transactions, product sales and Equity interests&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom">Stalhwerk Th&uuml;ringen GmbH&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">100.00</TD>
    <TD STYLE="color: red; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">100.00</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Production and sale of long steel and related activities&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">CSN Steel Sections UK Limited <FONT STYLE="font: normal 400 9pt Arial, Helvetica, Sans-Serif"><SUP>(4)</SUP></FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="color: red; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">100.00</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Sale of long steel&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom">CSN Steel Sections Polska Sp.Z.o.o&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">100.00</TD>
    <TD STYLE="color: red; font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">100.00</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Financial transactions, product sales and Equity interests&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>CSN Mining Holding, S.L</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;87.52</TD>
    <TD STYLE="color: red">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;87.52</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Financial transactions, product sales and Equity interests&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">CSN Mining GmbH&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: right">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: right">87.52</TD>
    <TD STYLE="color: red; font-size: 8pt">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;87.52</TD>
    <TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Financial transactions, product sales and Equity interests&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">CSN Mining Asia Limited&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;87.52</TD>
    <TD STYLE="color: red; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;87.52</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Commercial representation&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom">Lusosider Ib&eacute;rica S.A.&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">100.00</TD>
    <TD STYLE="color: red; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">100.00</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Steel, commercial and industrial activities and equity interests&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">CSN Mining Portugal, Unipessoal Lda.&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;87.52</TD>
    <TD STYLE="color: red; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;87.52</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Commercial and representation of products&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom">Companhia Sider&uacute;rgica Nacional, LLC</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">100.00</TD>
    <TD STYLE="color: red; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">100.00</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Import and distribution/resale of products&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>CSN Cimentos S.A.<FONT STYLE="font: normal 400 9pt Arial, Helvetica, Sans-Serif"><SUP>(3)</SUP></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;10</TD>
    <TD STYLE="text-align: right">&nbsp;10.00</TD>
    <TD STYLE="color: red">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Manufacturing and sale of cement</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Direct interest in joint operations: proportionate consolidation</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="color: red; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>It&aacute; Energ&eacute;tica S.A.</TD>
    <TD STYLE="text-align: right">&nbsp;253,606,846</TD>
    <TD STYLE="text-align: right">&nbsp;48.75</TD>
    <TD STYLE="color: red; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;48.75</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Electric power generation&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Cons&oacute;rcio da Usina Hidrel&eacute;trica de Igarapava</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;17.92</TD>
    <TD STYLE="color: red">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;17.92</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Electric power consortium&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="color: red; font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Direct interest in joint ventures: equity method</TD>
    <TD STYLE="font-size: 8pt; text-align: right">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: center">&nbsp;</TD>
    <TD STYLE="color: red; font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">MRS Log&iacute;stica S.A. <FONT STYLE="font: normal 400 9pt Arial, Helvetica, Sans-Serif"><SUP>(5)</SUP></FONT></TD>
    <TD STYLE="text-align: right">63,377,198</TD>
    <TD STYLE="text-align: right">&nbsp;18.64</TD>
    <TD STYLE="color: red; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;18.64</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Railroad transportation&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Aceros Del Orinoco S.A.&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;31.82</TD>
    <TD STYLE="color: red; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;31.82</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Dormant company&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Transnordestina Log&iacute;stica S.A. <FONT STYLE="font: normal 400 9pt Arial, Helvetica, Sans-Serif"><SUP>(6)</SUP></FONT></TD>
    <TD STYLE="text-align: right">24,670,093</TD>
    <TD STYLE="text-align: right">&nbsp;47.26</TD>
    <TD STYLE="color: red">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;47.26</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Railroad logistics&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">Equimac S.A <FONT STYLE="font: normal 400 9pt Arial, Helvetica, Sans-Serif"><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="text-align: right">1,117</TD>
    <TD STYLE="text-align: right">&nbsp;50.00</TD>
    <TD STYLE="color: red; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">-</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Rental of commercial and industrial machinery and equipment&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: right">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: center">&nbsp;</TD>
    <TD STYLE="color: red; font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Indirect interest in joint ventures: equity method</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="color: red">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">MRS Log&iacute;stica S.A. <FONT STYLE="font: normal 400 9pt Arial, Helvetica, Sans-Serif"><SUP>(5)</SUP></FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;16.30</TD>
    <TD STYLE="color: red; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;16.30</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Railroad transportation&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: right">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: center">&nbsp;</TD>
    <TD STYLE="color: red; font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Direct interest in associates: equity method</TD>
    <TD STYLE="font-size: 8pt; text-align: right">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: center">&nbsp;</TD>
    <TD STYLE="color: red; font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Arvedi Metalfer do Brasil S.A.&nbsp;</TD>
    <TD STYLE="text-align: right">49,074,882</TD>
    <TD STYLE="text-align: right">&nbsp;20.00</TD>
    <TD STYLE="color: red; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;20.00</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Metallurgy and Equity interests&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="color: red; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Exclusive funds: full consolidation</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="color: red; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Diplic II- Fundo de investimento multimercado cr&eacute;dito privado</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="color: red; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Investment fund&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2">Caixa V&eacute;rtice - Fundo de investimento multimercado cr&eacute;dito privado</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="color: red; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Investment fund&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>VR1 - Fundo de investimento multimercado cr&eacute;dito privado&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="color: red; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">100.00</TD>
    <TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;Investment fund&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(*) Dormant companies.</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">1.</TD><TD STYLE="text-align: justify">On June 29, 2020, CSN Islands XI Corp. changed its corporate name to CSN Inova Ventures.</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">2.</TD><TD STYLE="text-align: justify">On June 26, 2020, CSN Equipamentos SA had its corporate name changed to Equimac SA and its capital increased
by Unidas Guindastes Eireli. With this capital increase, CSN&#8217;s stake in Equimac&#8217;s share capital increased to 50% and was classified
as <I>joint venture.</I></TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">3.</TD><TD STYLE="text-align: justify">Company acquired on October 2, 2020.</TD></TR></TABLE>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">4.</TD><TD STYLE="text-align: justify">Company liquidated on March 11, 2020.</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">5.</TD><TD STYLE="text-align: justify">As of December 31, 2020, the Company directly held 63,377,198 shares, of which 26,611,282 were common
and 36,765,916 were preferred, and indirectly 63,338,872 shares, of which 25,802,872 were common and 37,536,000 were preferred</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">6.</TD><TD STYLE="text-align: justify">As of December 31, 2020, the Company had 24,168,304 common shares and 501,789 Class B preferred shares.</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 149 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">10.a)</TD><TD STYLE="text-align: justify">Investments in joint ventures, joint operations, associates and other investments</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 17.85pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The number of shares, the balances of assets and
liabilities, shareholders&#8217; equity and the profit / (loss) amounts for the period in those investees are as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 7pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 20%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 9%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 9%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">12/31/2020</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="5" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Companies</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; text-align: center">Participation in</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">Participation in</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center">Assets</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center">Liabilities</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Shareholders&rsquo; equity</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Profit /(Loss) for the period</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center">Assets</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center">Liabilities</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center">Shareholders&rsquo; equity</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="4" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center">Profit /(Loss) for the period</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">Joint-venture and Joint-operation</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">MRS Log&iacute;stica S.A.</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;4,175,249</TD>
    <TD STYLE="color: red; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">2,567,882</TD>
    <TD STYLE="color: red; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;1,607,367</TD>
    <TD STYLE="color: red; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">160,371</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">4,145,205</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">2,616,218</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,528,987</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;187,597</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom">Fair Value - MRS Log&iacute;stica S.A.</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">421,888</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(11,747)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;433,635</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(11,747)</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="vertical-align: bottom">CSBI - Companhia Brasileira de Servi&ccedil;os de Infraestrutura</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;-</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right"></TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right"></TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;-</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">6,665</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom">Transnordestina Log&iacute;stica S.A. (*)</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;4,657,691</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">3,497,587</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,160,104</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(28,952)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">4,398,434</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">3,209,378</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,189,056</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(17,100)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">Fair Value (*) - Transnordestina</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;-</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right"></TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;271,116</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right"></TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;-</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;271,116</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">-</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom">Equimac S.A</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">7,536</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;301</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">7,235</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(329)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;-</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;8,840,476</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;6,065,770</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;3,467,710</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">119,343</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;8,543,639</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;5,825,596</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;3,422,794</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">165,415</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">Associates</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Arvedi Metalfer do Brasil S.A.</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">40,528</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">32,490</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">8,038</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(6,765)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">44,435</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">31,712</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">12,723</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(1,682)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">40,528</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">32,490</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;8,038</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(6,765)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">44,435</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;31,712</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12,723</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">(1,682)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="9" STYLE="font-weight: bold">Classified at fair value through profit or loss (note 12 I)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>

    </TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Panatl&acirc;ntica</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">59,879</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;47,300</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">59,879</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">47,300</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Eliminations</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">(30,856)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">(38,219)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Other investments</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Others</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">279</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(9,967)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">157</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;171</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;279</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(9,967)</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">157</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;171</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD COLSPAN="2" STYLE="font-weight: bold">Total investments in affillated companies</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">3,535,906</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;3,484,974</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Total Equity in results of affillated companies</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">71,755</TD>

    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right"> </TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>

    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">125,715</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Investments properties</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;159,874</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">101,195</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Total investments</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">3,695,780</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;3,584,169</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD></TR>
  </TABLE>

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(*) As of December 31, 2020 and December 31, 2019,
the net balance of R$271,116 refers to the Fair Value generated by the loss of control of Transnordestina Log&iacute;stica SA in the amount
of R$659,105 and impairment of R$387,989.</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#9;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The number of shares, the balances of assets and
liabilities, shareholders&#8217; equity and the profit / (loss) values for the year refer to the interest held by CSN in these companies.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">10.b)</TD><TD STYLE="text-align: justify">Changes in investments in subsidiaries, jointly controlled companies, joint operations, associates and other investments</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 18pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 45%">&nbsp;</TD>
    <TD STYLE="width: 27%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 27%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; text-align: left">Opening balance of investments</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,482,974</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">5,630,613</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Capital increase/acquisition of shares&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;3,400</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;27,909</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Dividends <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right">(82,642)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(94,603)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Comprehensive income <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;6,895</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(2,592)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Equity in results of affiliated companies(3)</TD>
    <TD STYLE="text-align: right">124,324</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">175,524</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Update of shares measured at fair value through profit or loss (Note 14 II)</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;12,579</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(118,780)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">Reclassification of Usiminas&rsquo; shares</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(2,114,620)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Consolidation of CBSI</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(8,775)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">Amortization of fair value - investment MRS</TD>
    <TD STYLE="text-align: right">(11,747)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(11,747)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Others</TD>
    <TD STYLE="text-align: right">&nbsp;123</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">45</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Closing balance of investments</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">3,535,906</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">3,482,974</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">1.</TD><TD>In 2020, it mainly refers to dividends of the subsidiary CSN Minera&ccedil;&atilde;o SA in the amount of R$2,437,482 (R$4,060,816
on December 31, 2019).</TD></TR></TABLE>
<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">2.</TD><TD>Refers to translation to the reporting currency of the foreign investments of which functional currency is not the Brazilian Reais,
actuarial gain/loss and gain/loss on investment hedge from investments accounted for under the equity method.</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">3.</TD><TD>The table below shows the reconciliation of the equity in results of affiliated companies classified as joint venture and associates
and the amount disclosed in the income statement and it is due to the elimination of the results of the CSN&acute;s transactions with
these companies.</TD></TR></TABLE>

<!-- Field: Page; Sequence: 150 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.4pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 45%">&nbsp;</TD>
    <TD STYLE="width: 27%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 27%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; text-align: left">Equity in results of affiliated companies</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">MRS Log&iacute;stica S.A.</TD>
    <TD STYLE="text-align: right">160,370</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">187,597</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">CBSI - Companhia Brasileira de Servi&ccedil;os de Infraestrutura <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;6,695</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Transnordestina Log&iacute;stica S.A.</TD>
    <TD STYLE="text-align: right">(28,952)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(17,100)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Arvedi Metalfer do Brasil S.A.</TD>
    <TD STYLE="text-align: right">(6,765)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(1,682)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Equimac S.A.</TD>
    <TD STYLE="text-align: right">(329)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Others</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">14</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">124,324</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">175,524</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; text-align: left">Eliminations</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">To cost of sales&nbsp;</TD>
    <TD STYLE="text-align: right">(46,751)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(57,908)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">To taxes</TD>
    <TD STYLE="text-align: right">15,895</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">19,689</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Others</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Amortizated at fair value - Investment in MRS</TD>
    <TD STYLE="text-align: right">(11,747)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(11,747)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Others</TD>
    <TD STYLE="text-align: right">(9,966)</TD>
    <TD STYLE="color: white; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">157</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Equity in results&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">71,755</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">125,715</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">(1)</TD><TD STYLE="text-align: justify">Refers to equity income until November 30, 2019, as of this date, the joint venture started to be controlled
and consolidated, according to note 10 c.</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 17.85pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 17.85pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">10.c)Additional</TD><TD STYLE="text-align: justify">information on operating controlled companies</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 17.85pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">With the primary objective of reducing the Company&#8217;s
financial leverage, Management is committed to a plan to dispose of a set of assets, however, it is not possible to confirm that the sale
within a period of 12 months is highly probable for any of the assets contemplated in the plan. The Company considers several sales scenarios
that vary according to different macroeconomic and operational assumptions. In this context, the Company did not segregate and did not
reclassify such assets in the financial statements as discontinued operations in accordance with IFRS 5.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 17.85pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>SEPETIBA TECON SA (&#8220;Tecon&#8221;)</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">It aims to explore Container Terminal No. 1 at
the Port of Itagua&iacute;, located in Itagua&iacute;, in the State of Rio de Janeiro. The terminal is connected to the UPV by the Southeastern
railway network, which is granted to MRS Log&iacute;stica SA The services provided are handling operations and storage of containers,
steel products and cargo in general, among other products and services for washing, maintenance and hygiene of containers.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Tecon won a bidding procedure and entered into
the lease agreement in October 23, 1998 for operation of the port terminal for a period of 25 years, extendable for an equal period.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Upon termination of the lease, all rights and benefits
transferred to Tecon will return to the Federal Government, together with the assets owned by Tecon and those resulting from investments
made by it in leased assets, declared reversible by the Federal Government as they are necessary for the continuity of the provision.
of the service granted. The assets declared reversible will be indemnified by the Federal Government at the residual value of their cost,
determined by Tecon&#8217;s accounting records after deducting depreciation.</P>





<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 151 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>ESTANHO DE ROND&Ocirc;NIA SA (&#8220;ERSA&#8221;)</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Headquartered in the state of Rond&ocirc;nia, the
subsidiary operates two units, one in the city of Itapu&atilde; do Oeste / RO and the other in Ariquemes / RO. Mining is located in Itapu&atilde;
do Oeste, where cassiterite (tin ore) is extracted, and in Ariquemes, the foundry where metallic tin is obtained, which is the raw material
used at UPV for the manufacture of metal sheets.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font: 9pt Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 9pt">COMPANHIA METAL&Uacute;RGICA PRADA (&#8220;Prada&#8221;)</FONT></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Prada operates in two segments: metal steel packaging
and flat steel processing and distribution.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Packaging</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In the steel metallic packaging segment, Prada
produces the best and safest in cans, buckets and aerosols. It serves the chemical and food segments, providing packaging and lithography
services to the main companies in the market.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Distribution</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Prada also operates in the flat steel processing
and distribution area, with a diversified product line. Supplies coils, rolls, plates, strips, <I>blanks</I>, metal sheets, profiles,
tubes and tiles, among other products, for the most different segments of the industry - from automotive to civil construction. It is
also specialized in providing steel processing services, meeting the demand of companies from all over the country.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>CSN ENERGIA S.A.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Its main objective is the distribution of the excess
electric power generated by CSN and Companies, consortiums or other entities in which CSN holds an interest.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>FTL - FERROVIA TRANSNORDESTINA LOG&Iacute;STICA SA (&#8220;FTL&#8221;)</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Company created for the purpose of incorporating
the spun-off portion of Transnordestina Log&iacute;stica SA It operates public cargo transportation services in the northeast of Brazil,
in the stretches between the cities of S&atilde;o Lu&iacute;s and Altos, Altos and Fortaleza, Fortaleza and Sousa, Sousa and Recife /
Jorge Lins, Recife / Jorge Lins and Salgueiro, Jorge Lins and Propri&aacute;, Paula Cavalcante and Cabedelo (Branch of Cabedelo) and Itabaiana
and Macau (Branch of Macau) (&#8220;Malha I&#8221;)</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">On November 13, 2019, CSN subscribed FTL shares
through the capitalization of credits arising from Advances for Future Capital Increase (AFAC) in the amount of R$27,670, passing its
interest in FTL&#8217;s capital from 91.69% to 92.38%. As a result of the operations described above, which caused a change in shareholder
participation, the Company recorded a loss in the amount of R$293, recorded in shareholders&#8217; equity under &#8220;Other comprehensive
income&#8221; There was no change in the corporate structure in 2020.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>CSN MINERA&Ccedil;&Atilde;O S/A (&#8220;CSN Minera&ccedil;&atilde;o&#8221;)</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Headquartered in Congonhas, in the State of Minas
Gerais, CSN Minera&ccedil;&atilde;o SA has as its main objective the production, purchase and sale of iron ore, and has the foreign market
as its main focus in the commercialization of its products. As of November 30, 2015, CSN Minera&ccedil;&atilde;o SA started to centralize
CSN&#8217;s mining operations, including the establishments of the Casa de Pedra mine, the TECAR port and an 18.63% stake in MRS. CSN&#8217;s
interest in this subsidiary is 87.52% as of December 31, 2020.</P>



<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>




<!-- Field: Page; Sequence: 152 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol">&middot;</FONT>
MIN&Eacute;RIOS NACIONAL SA (&#8220;Min&eacute;rios Nacional&#8221;)</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Headquartered in Congonhas, in the State of Minas
Gerais, Min&eacute;rios Nacional has as main objective the production and sale of iron ore. The subsidiary concentrates the mining rights
assets related to the Fernandinho, Cayman and Pedras Pretas mines, all in Minas Gerais transferred to Min&eacute;rios Nacional SA in the
business combination operation that took place in 2015.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>CBSI - COMPANHIA BRASILEIRA DE INFRASTRUCTURE SERVICES (&#8220;CBSI&#8221;)</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Previously located in the city of Arauc&aacute;ria-PR,
CBSI is currently headquartered in the city of Volta Redonda and its main purpose is to render services to CSN, CSN&#8217;s subsidiaries
and third parties related to the recovery and maintenance of industrial machinery and equipment, civil maintenance, industrial cleaning,
preparation product logistics, among others.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The investment is the result of a joint venture
between CSN and CKTR Brasil Servi&ccedil;os Ltda. in 2011 which previously held a 50% stake. On November 29, 2019, the Company completed
the acquisition of the remaining 50% of CBSI&#8217;s shares for R$24,000. The goodwill for expected future profitability generated on
the acquisition was R$15,225 and is separately classified within Investments in non-current assets.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 153 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">10.d)</TD><TD STYLE="text-align: justify">Joint ventures and joint operations financial information</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The balance sheet and income statement balances
of the companies whose control is shared are shown below and refer to 100% of the companies&#8217; results:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 30%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 9%">12/31/2020</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 9%">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: Black 0.5pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-top: Black 0.5pt solid; font-weight: bold; font-style: italic; border-bottom: Black 0.5pt solid; text-align: center">Joint-Venture</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; font-style: italic">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; font-style: italic; border-bottom: Black 0.5pt solid; text-align: left">&nbsp;Joint-Operation&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: Black 0.5pt solid; font-weight: bold; font-style: italic; border-bottom: Black 0.5pt solid; text-align: center">Joint-Venture</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; font-style: italic; border-bottom: Black 0.5pt solid">Joint-Operation</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">Equity interest (%)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">MRS Log&iacute;stica</TD>
    <TD STYLE="vertical-align: middle; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Transnordestina Log&iacute;stica</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Equimac S.A.</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">It&aacute; Energ&eacute;tica</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">MRS Log&iacute;stica</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">Transnordestina Log&iacute;stica</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">It&aacute; Energ&eacute;tica</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">34.94%</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">47.26%</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">50.00%</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">48.75%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">34.94%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">47.26%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">48.75%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Balance sheet</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">&nbsp;Current Assets&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Cash and cash equivalents</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,206,484</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,390</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,351</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">48,919</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;670,296</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;17,166</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">65,793</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Advances to suppliers</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;27,312</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,948</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">742</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">20,100</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">3,240</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;363</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Other current assets</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">823,204</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;51,793</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,356</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">89,521</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,326,281</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;59,405</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">15,955</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">Total current assets</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">2,057,000</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;55,131</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;3,707</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;139,182</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;2,016,677</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;79,811</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">82,111</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;Noncurrent Assets&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Other non-current assets</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">608,878</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">225,492</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">20,807</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;789,562</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">258,391</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">24,361</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Investments, PP&amp;E and intangible assets</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">8,537,009</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">9,574,588</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">11,365</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;390,672</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;8,316,033</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">8,968,447</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">426,403</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">Total non-current assets</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">9,145,887</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">9,800,080</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">11,365</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;411,479</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;9,105,595</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">9,226,838</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">450,764</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; text-align: left">Total Assets</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">11,202,887</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">9,855,211</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">15,072</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;550,661</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">11,122,272</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">9,306,649</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">532,875</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;Current Liabilities&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Borrowings and financing&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">828,439</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">241,029</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;653,784</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">103,877</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Lease liabilities</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">317,526</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;256,034</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Other current liabilities</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,117,975</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">125,794</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;602</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">19,721</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,561,684</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">171,821</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">16,793</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Total current liabilities</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">2,263,940</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">366,823</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;602</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">19,721</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;2,471,502</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">275,698</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">16,793</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">&nbsp;Noncurrent Liabilities&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Borrowings and financing&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">2,162,657</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">6,368,070</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;2,369,615</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">6,084,424</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Lease liabilities</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,674,594</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,650,758</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Other non-current liabilities</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">788,862</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">665,653</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">15,900</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;527,871</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">430,603</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">16,550</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">Total non-current liabilities</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">4,626,113</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">7,033,723</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; text-align: right"></TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">15,900</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;4,548,244</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">6,515,027</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">16,550</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Shareholders&rsquo; equity</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,312,834</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,454,665</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">14,470</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;515,040</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;4,102,526</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,515,924</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">499,532</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: left">Total liabilities and shareholders&rsquo;<BR>
equity</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">11,202,887</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">9,855,211</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">15,072</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;550,661</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">11,122,272</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">9,306,649</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">532,875</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0"></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 28%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; width: 8%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; width: 8%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; width: 8%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%">01/01/2020 to 12/31/2020</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center; width: 8%">01/01/2019 to 11/30/2019</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; width: 8%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center; width: 8%">01/01/2019 to 12/31/2019</TD></TR>
  <TR>
    <TD STYLE="border-top: Black 0.5pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-top: Black 0.5pt solid; font-weight: bold; font-style: italic; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center">Joint-Venture</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; font-style: italic; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center">Joint-Operation</TD>
    <TD STYLE="border-top: Black 0.5pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; font-style: italic; vertical-align: bottom; border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; font-style: italic; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; font-style: italic; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center">Joint-Venture</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; font-style: italic; vertical-align: bottom; border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; font-style: italic; vertical-align: bottom; border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; font-style: italic; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; font-style: italic; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center">Joint-Operation</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">Equity interest (%)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">MRS Log&iacute;stica</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Transnordestina Log&iacute;stica</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Equimac S.A.</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">It&aacute; Energ&eacute;tica</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">CBSI</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">MRS Log&iacute;stica</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">Transnordestina Log&iacute;stica</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">It&aacute; Energ&eacute;tica</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">34.94%</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">47.26%</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">50.00%</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">48.75%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">50.00%</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">34.94%</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">46.30%</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">48.75%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; text-align: left">Statements of Income</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Net revenue</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;3,604,965</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;35</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;2,308</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;173,426</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">267,436</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">3,200,809</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;163,048</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Cost of sales and services</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">(2,521,991)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(2,386)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(74,048)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(233,830)</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(2,382,828)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(83,129)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left">Gross profit</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;1,082,974</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;35</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(78)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">99,378</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;33,606</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">817,981</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">79,919</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Operating (expenses) income&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(105,267)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(42,108)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(576)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(67,885)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(12,328)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">207,840</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(18,077)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(62,660)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Financial income (expenses), net</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">(330,756)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(19,186)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(4)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">(764)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(1,460)</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(268,089)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">(18,386)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;1,183</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Income before income tax and social<BR>
contribution</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;646,951</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(61,259)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(658)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">30,729</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;19,818</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">757,732</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(36,463)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">18,442</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-left: 12px; text-align: left">Current and deferred income tax<BR>
and social contribution</TD>
    <TD STYLE="text-align: right">(216,649)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(10,391)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(6,428)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(254,378)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(6,147)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Profit / (loss) for the period</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;430,302</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(61,259)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;(658)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">20,338</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;13,390</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">503,354</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">(36,463)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">12,295</TD></TR>
  </TABLE>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>IT&Aacute; ENERG&Eacute;TICA SA - (&#8220;ITASA&#8221;)</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">ITASA is a corporation established in July 1996
that was engaged to operate under a concession, the It&aacute; Hydropower Plant (&#8220;UHE It&aacute;&#8221;), with 1,450 MW of installed
power, located on the Uruguay River, on the Santa Catarina and Rio Grande do Sul state border. The UHE It&aacute; concession is shared
with ENGIE Brasil Energia S.A., with CSN holding 48.75%.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>MRS LOGISTICA S.A.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">Located in the city of
Rio de Janeiro-RJ, the company aims to exploit, for an onerous concession, the public service of railway cargo transportation in the areas
of the Southeast Network, located on the Rio de Janeiro, S&atilde;o Paulo and Minas Gerais axis, previously held by the extinct Rede Ferrovi&aacute;ria
Federal SA - RFFSA. The concession has a term of 30 years from December 1, 1996, extendable for an equal period by exclusive decision
of the grantor.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">MRS can also explore modal transport services related
to rail transport and participate in projects aimed at expanding the rail services granted.</P>


<!-- Field: Page; Sequence: 154 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">For the provision of services, MRS leased from
RFFSA, for the same period of the concession, the assets necessary for the operation and maintenance of rail freight transport activities.
At the end of the concession, all leased assets will be transferred to the possession of the railway transport operator designated in
that same act.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company directly holds an 18.64% interest in
the capital of MRS and indirectly, through its subsidiary CSN Minera&ccedil;&atilde;o SA, a 16.30% interest in the capital of MRS, totaling
a 34.94% interest.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>CONS&Oacute;RCIO DA USINA HIDREL&Eacute;TRICA DE IGARAPAVA</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Igarapava Hydroelectric Plant is located in
Rio Grande, in the city of Conquista - MG, and has an installed capacity of 210 MW, formed by 5 Bulb-type generating units.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">CSN holds 17.92% of the investment in the consortium,
whose object is the distribution of electricity, which is distributed according to the percentage of participation of each company.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The balance of property, plant and equipment, net
of depreciation on December 31, 2020 is R$21,287 (R$22,441 on December 31, 2019) and the expense amount in 2020 was R$6,611 (R$6,497 in
2019).</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT> TRANSNORDESTINA LOG&Iacute;STICA SA (&#8220;TLSA&#8221;)</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Its main objective is the exploration and development
of the public rail freight transport service in the Northeast network of Brazil, comprising the stretches of Eliseu Martins-Trindade,
Trindade-Salgueiro, Salgueiro-Porto Suape, Salgueiro - Miss&atilde;o Velha and Miss&atilde;o Velha - Pec&eacute;m (Malha II).</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">It is in the pre-operational phase and should remain
so until the completion of Mesh II. The approved schedule, which provided for the completion of the work for January 2017, is currently
under discussion with the responsible bodies, as described in note 31.b. Its Management understands that new deadlines for the completion
of the project will not substantially negatively imply the expected return on investment.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In May 2019, the Northeast Investment Fund - FINOR
transferred to CSN, BNDES and BNDESPAR, 1,677,816 (one million six hundred and seventy-seven thousand, eight hundred and sixteen) class
&#8220;B preferred shares, of which 501,789 (five hundred and one thousand, seven hundred and eighty-nine) shares were transferred specifically
to CSN. As of December 31, 2020 and 2019, the Company&#8217;s interest in the capital of TLSA is 47.26% of the total capital and 92.60%
of the voting capital.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Management relies on resources from its shareholders
and third parties to complete the work, as described in item 31.b, which it expects to be available, based on previously concluded agreements
and recent discussions between the parties involved. After evaluating this matter, Management concluded that the use of the project&#8217;s
business continuity accounting basis in the preparation of the financial statements for the year ended December 31, 2020 was considered
appropriate.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In this sense, TLSA performed a recoverability
test of its own long-lived assets using the discounted cash flow method. To carry out the test, TLSA adopted the following main premises:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 0 0; text-align: justify; text-indent: 0cm">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 0 0; text-align: justify; text-indent: 0cm">Measurement of
recoverable value</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 0 0; text-align: justify; text-indent: 0cm"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 0 0; text-align: justify; text-indent: 0cm">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border: Black 1pt solid; width: 50%; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; padding-right: 2.85pt; text-align: center; text-indent: 0cm">Cash Flow Projection</TD>
    <TD STYLE="border-top: Black 1pt solid; width: 50%; border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; padding-right: 2.85pt; text-align: center; text-indent: 0cm">By 2057</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; padding-right: 2.85pt; text-align: justify; text-indent: 0cm">Gross margin</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; padding-right: 2.85pt; text-align: justify; text-indent: 0cm">Estimated based on market study to capture cargo and operating costs according to market trend studies </TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; padding-right: 2.85pt; text-align: justify; text-indent: 0cm">Cost estimate</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; padding-right: 2.85pt; text-align: justify; text-indent: 0cm">Study-based costs and market trends</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; padding-right: 2.85pt; text-align: justify; text-indent: 0cm">Perpetuity growth rate</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; padding-right: 2.85pt; text-align: justify; text-indent: 0cm">Growth rate was not considered as a result of the projection model until the end of the concession.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; padding-right: 2.85pt; text-align: justify; text-indent: 0cm">Discount rate</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; padding-right: 2.85pt; text-align: justify; text-indent: 0cm">Range from 5.83% to 7.41% in real terms</TD></TR>
  </TABLE>
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 155 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Additionally, CSN, as an investor, carried out
its impairment test of its interest in TLSA through the ability to distribute dividends by TLSA, a methodology known as the Dividend Discount
Model, or DDM, to remunerate the capital invested by its shareholders. For the performance of this test, some factors were taken into
account, such as:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">The dividend flow was extracted from TLSA&#8217;s nominal cash flow;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">The dividend flow was calculated considering the percentages of annual participation, considering the
dilutions of CSN&#8217;s participation resulting from the amortization of debts;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">This dividend flow was then discounted to present value using the cost of equity (Ke) embedded in TLSA&#8217;s
WACC rate; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">This extracted Ke was the one calculated in &#8220;<I>rolling WACC</I>&#8221; From TLSA.</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Due to the sharing of investors&#8217; risks and
the fact that the asset being tested represents the cash-generating unit itself, which in turn equals the legal entity, the risk determined
by CSN&#8217;s Management is the same as that applied by TLSA when evaluation of the investment of its own assets, with no additional
risk factor to the model.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">As a result of the test carried out, it was not
necessary to record losses due to <I>impairment</I> of this investment for the year ended December 31, 2020.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>EQUIMAC SA</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In August 2019, CSN Equipamentos SA was incorporated,
which had its corporate name changed to Equimac SA (&#8220;Equimac&#8221;) on June 26, 2020. The <I>joint venture</I> Equimac was created
through a partnership between Unidas Guindastes Eireli and CSN, each with a 50% stake in its share capital. Equimac is located in the
city of S&atilde;o Paulo and its main objective is to rent commercial and industrial machinery and equipment.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">10.e)</TD><TD STYLE="text-align: justify">Additional information on indirect participation in abroad operations</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol">&middot;</FONT>STAHLWERK
TH&Uuml;RINGEN GMBH (&#8220;SWT&#8221;)</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">SWT was formed from the defunct Maxh&uuml;tte steel
industrial complex in the city of Unterwellenborn in Germany. SWT produces steel profiles used for civil construction in accordance with
international quality standards. Its main raw material is steel scrap, and its installed production capacity is 1.1 million tons of steel
/ year. SWT is a wholly and indirectly controlled company through CSN Steel SLU, a CSN subsidiary.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol">&middot;</FONT>COMPANHIA
SIDERURGICA NACIONAL - LLC (&#8220;CSN LLC&#8221;)</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Incorporated in 2001 with the assets and liabilities
of the defunct Heartland Steel Inc., CSN LLC, an industrial plant in Terre Haute, State of Indiana - USA, where is the complex composed
of cold rolling, hot coil stripping line and line of galvanizing, its installed production capacity is 800 thousand tons / year. CSN LLC
is wholly and indirectly controlled through CSN Steel SLU after the merger, formerly CSN Americas SLU, a subsidiary of CSN.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">On June 5, 2018, CSN LLC had its corporate name
changed to &#8220;Heartland Steel Processing, LLC&#8221;. On the same date, a new company was created under the name &#8220;Companhia
Sider&uacute;rgica Nacional, LLC&#8221;, a wholly owned subsidiary of Heartland Steel Processing, LLC. On June 28, 2018, Companhia Sider&uacute;rgica
Nacional, LLC., Became a wholly-owned subsidiary of CSN Steel, and, on June 29, 2018, Heartland Steel Processing, LLC. was sold to Steel
Dynamics, Inc. (&#8220;SDI&#8221;) for the base transaction price of US$400 million.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The new &#8220;Companhia Sider&uacute;rgica Nacional,
LLC&#8221; is an importer and trader of steel products and maintains its activities in the United States.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol">&middot;</FONT>LUSOSIDER
A&Ccedil;OS PLANOS, SA (&#8220;Lusosider&#8221;)</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Founded in 1996, in continuity with Siderurgia
Nacional - a company privatized by the Portuguese government that year, Lusosider is the only Portuguese industry in the steel sector
to produce cold-rolled flat steel with an anti-corrosion coating. Lusosider has an installed capacity of around 550 thousand tons / year
to produce four major groups of steel products: galvanized sheet, cold rolled sheet, pickled sheet
and oiled sheet. The products manufactured by Lusosider can be applied in the packaging industry, civil construction (tubes and metallic
structures) and in home appliance components.</P>


<!-- Field: Page; Sequence: 156 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">10.f)</TD><TD STYLE="text-align: justify">Other investments</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>PANATL&Acirc;NTICA SA (&#8220;Panatl&acirc;ntica&#8221;)</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Publicly-held corporation headquartered in Gravata&iacute;-RS,
whose purpose is the industrialization, trade, import, export and processing of steel and metals, ferrous or non-ferrous, coated or not.
This investment is classified at fair value through profit or loss.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company currently holds 11.31% on December
31, 2020 and 2019) of Panatl&acirc;ntica&#8217;s total share capital.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>USINAS SIDER&Uacute;RGICAS DE MINAS GERAIS SA - USIMINAS (&#8220;USIMINAS&#8221;)</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">USIMINAS is headquartered in Belo Horizonte, State
of Minas Gerais, with the objective of exploring the steel industry and related companies. USIMINAS produces flat-rolled steel at the
Intendente C&acirc;mara and Jos&eacute; Bonif&aacute;cio de Andrada e Silva plants, located in Ipatinga / MG and Cubat&atilde;o / SP,
respectively, for the domestic and export markets. It also owns and operates iron ore mines located in the city of Ita&uacute;na / MG,
which aims to meet the strategies of verticalization and optimization of production costs. USIMINAS maintains service and distribution
centers located in various regions of the country, in addition to the ports of Cubat&atilde;o in S&atilde;o Paulo and Praia Mole in Esp&iacute;rito
Santo, as strategic points for the flow of its production.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">On April 9, 2014, CADE issued a decision regarding
the Usiminas shares held by CSN, and CSN signed a Performance Commitment Term (&#8220;TCD&#8221;), with CADE in this regard. Pursuant
to the decision of CADE and TCD, CSN must reduce its participation in USIMINAS, within a specified period. The term and percentage of
reduction are confidential. In addition, political rights at Usiminas will remain suspended until the Company reaches the limits established
in the TCD.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In December 2019, the Company opted to reclassify
the investment measured at fair value through profit or loss to current assets through a new decision by Management regarding the maintenance
of shares in line with its asset sale strategy.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">USIMINAS is listed on the S&atilde;o Paulo Stock
Exchange (&#8220;B3 SA&#8221;: USIM3 and USIM5).</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">As of December 31, 2020 and December 31, 2019,
the Company&#8217;s stake in USIMINAS &#8216;capital was 15.19% in common shares and 20.29% in preferred shares.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font: 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>ARVEDI METALFER DO BRASIL SA (&#8220;Arvedi&#8221;)</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="line-height: 115%">Arvedi, headquartered
in Salto, State of S&atilde;o Paulo, is engaged in pipe production</FONT>. As of December 31, 2020 and 2019, CSN had a 20.00% interest
in Arvedi&#8217;s share capital.</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Equity method of accounting</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The equity method of accounting for subsidiaries,
jointly controlled and affiliated companies is applied. Other investments are held at fair value or cost.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Subsidiaries:</B> They are entities in which
the Company has significant influence over its financial and operating policies and / or potential exercisable or convertible voting rights.
Subsidiaries are fully consolidated from the date on which control is transferred to the Company and cease to be consolidated on the date
on which control ceases.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Jointly Controlled:</B> are all entities in
which the Company has jointly contractually controlled control with one or more parties and can be classified as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><U>Joint operations</U>: are accounted for in the
financial statements to represent the Company&#8217;s contractual rights and obligations.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 157 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><U>Jointly controlled entities</U>: are accounted
for using the equity method and are not consolidated.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Affiliates: are all entities in which the Company
has significant influence, but not control. Usually, 20% to 50% voting interest investments in associates are initially recognized at
cost and subsequently measured using the equity method.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Exclusive funds</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The exclusive funds are private investment funds
in which CSN&#8217;s resources are allocated according to the Company&#8217;s intention. They are managed by BNY Mellon Servi&ccedil;os
Financeiros DTVM SA and Caixa Econ&ocirc;mica Federal (CEF).</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Transactions between subsidiaries, affiliates,
<I>joint ventures</I> and <I>joint operations</I></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Unrealized balances and gains on transactions with
subsidiaries, joint ventures and associates are eliminated proportionally to CSN&#8217;s interest in the entity in question in the consolidation
process. Unrealized losses are eliminated in the same way as unrealized gains, but only insofar as there is no evidence of impairment.
The effects on the results of transactions with jointly controlled subsidiaries are also eliminated, where part of the equity in results
of jointly controlled entities is reclassified to financial expenses, cost of products sold and income and social contribution taxes.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The subsidiaries and jointly controlled entities
have the same reporting date and accounting policies as those adopted by the Company.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Foreign currency transactions and balances</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The transactions in foreign currencies are translated
into the functional currency using the exchange rates in effect at the dates of the transactions or valuations when their values are remeasured.
Foreign exchange gains and losses resulting from the settlement of those transactions and from the translation at exchange rates in effect
as of December 31, 2019 related to monetary assets and liabilities denominated in foreign currencies are recognized in the income statement
as financial result, except when they are recognized in shareholders' equity as a result of foreign operation characterized as foreign
investment.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="line-height: 115%">According to IAS
21 and IFRIC 22 &#8211; foreign currency transactions and advance consideration, the transactions in which the Company recognizes a non-monetary
asset or non-monetary liability involving prepayments or receipts in foreign currency are recorded at the exchange rate of the date the
entity initially recognized (transaction date) the non-monetary asset or non-current liability monetary</FONT>.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Impairment testing</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Investments are reviewed for verification of <I>impairment</I>
whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognized
for the amount by which the asset's carrying amount exceeds its recoverable amount.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt"><B>10.g)</B></TD><TD STYLE="text-align: justify"><B>Investment property</B></TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The balance of investment properties as of December
31, 2020 is shown below:</P>

<P STYLE="font: bold 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: bold 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 8pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: right; width: 45%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 14%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 20%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 18%">Consolidated</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">Land</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">Buildings&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2019</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68,877</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32,318</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101,195</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">Cost</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68,877</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; border-top: Black 0.5pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53,816</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; border-top: Black 0.5pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122,693</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="vertical-align: bottom">Accumulated depreciation</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21,498)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(21,498)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2019</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68,877</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32,318</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101,195</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="vertical-align: middle; text-align: left">Acquisitions</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28,733</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32,864</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61,597</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">Depreciation&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2,786)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2,786)</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="vertical-align: middle; text-align: left">Write-off</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(132)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(132)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97,610</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62,264</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159,874</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="vertical-align: middle; text-align: left">Cost</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97,610</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86,548</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184,158</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">Accumulated depreciation</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24,284)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(24,284)</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97,610</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62,264</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159,874</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 158 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company&#8217;s estimate of the fair value
of investment properties was of R$1,863,563 at December 31, 2020 (R$1,781,019 at December 31, 2019).</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The average estimated useful lives for the years
are as follows (in years):</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 45%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 27%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 27%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; background-color: white">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Buildings</TD>
    <TD STYLE="text-align: right">27</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">21</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company&#8217;s investment properties consist
of land and buildings maintained to earn rental income and capital appreciation. The measurement method used is that of the acquisition
or construction cost less accumulated depreciation and reduction to its recoverable value, when applicable. The accumulated depreciation
of buildings is calculated using the straight-line method based on the estimated useful life of the properties subject to depreciation.
Land is not depreciated because it has an indefinite useful life.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">11.</TD><TD STYLE="text-align: justify">PROPERTY, PLANT AND EQUIPMENT</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 21%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">Consolidated</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Land</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Buildings and Infrastructure</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Machinery, equipment and facilities</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Furniture and fixtures</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Construction in progress</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Right of use (i)</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Other (*)</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2019</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;226,949</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;3,062,238</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;12,603,619</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;28,455</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">3,217,052</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">472,345</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;90,286</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">19,700,944</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">Cost</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;226,949</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;4,250,471</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;24,372,514</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">170,229</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">3,217,052</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">531,044</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">386,144</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">33,154,403</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: left">Accumulated depreciation</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(1,188,233)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(11,768,895)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(141,774)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(58,699)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(295,858)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(13,453,459)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2019</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;226,949</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;3,062,238</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;12,603,619</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;28,455</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">3,217,052</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">472,345</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;90,286</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">19,700,944</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Effect of foreign exchange differences</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;30,271</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">57,838</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;186,591</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;2,416</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;4,727</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;4,329</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;1,823</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">287,995</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Acquisitions</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">654</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;865</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;122,744</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;874</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">1,583,054</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;49,934</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;4,156</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,762,281</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Capitalized interest (1) (notes 28 and 33)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;92,506</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;92,506</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Write-offs (note 27)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(188)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(3,073)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(33)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(9)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(7,318)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(2,377)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(12,998)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Depreciation (note 26)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(458)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(780,395)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(1,564,525)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(6,747)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(62,680)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(24,517)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(2,439,322)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Transfers to other asset categories</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">458</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">67,574</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;1,112,024</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;1,338</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(1,212,373)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;30,979</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Transfers to intangible assets</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(4,633)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(4,633)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Right of use - Remesurement</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;60,058</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;60,058</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Update of the ARO (Asset retirement obligation)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;269,445</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">269,445</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Others</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">3</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(6)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(2)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(48)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(53)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;257,686</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;2,677,565</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;12,457,383</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;26,297</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">3,680,322</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">516,668</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">100,302</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">19,716,223</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">Cost</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;257,686</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;4,752,412</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;26,213,225</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">182,974</TD>
    <TD STYLE="padding-left: 12px; color: red; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">3,680,322</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">634,786</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">414,705</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">36,136,110</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: left">Accumulated depreciation</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(2,074,847)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(13,755,842)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(156,677)</TD>
    <TD STYLE="padding-left: 12px; color: red; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(118,118)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(314,403)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(16,419,887)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;257,686</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;2,677,565</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;12,457,383</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;26,297</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">3,680,322</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">516,668</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">100,302</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">19,716,223</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</p>
<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 8pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="text-align: right; width: 31%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 6%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 8%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 7%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 8%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 8%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 8%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 8%">Consolidated</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">Land</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">Buildings and Infrastructure</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">Machinery, equipment and facilities</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">Furniture and fixtures</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">Construction in progress</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">Right of use (i)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">Other (*)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2018</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;287,854</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">2,678,638</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;11,687,271</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">30,530</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">3,282,436</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">80,135</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">18,046,864</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">Cost</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;287,854</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">3,751,429</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;22,426,782</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;165,331</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">3,282,436</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;355,768</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">30,269,600</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="vertical-align: middle; text-align: left">Accumulated depreciation</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(1,072,791)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(10,739,511)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(134,801)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(275,633)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(12,222,736)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2018</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;287,854</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">2,678,638</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;11,687,271</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">30,530</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">3,282,436</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">80,135</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">18,046,864</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Effect of foreign exchange differences</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;1,499</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;2,978</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">8,033</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;106</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">2,464</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;56</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">15,136</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Acquisitions</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;6,125</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;16,116</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;459,460</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;1,763</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">1,924,520</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;43,111</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">41,574</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;2,492,669</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Capitalized interest (1) (notes 28 and 33)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;13.0</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;117,176</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;117,189</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Write-offs (note 27)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(2,143)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(130)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(80,426)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(1)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(30,400)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(1,354)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(149)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(114,603)</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Depreciation (note 26)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(135,313)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(1,241,026)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(5,999)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(58,843)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(25,038)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(1,466,219)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Transfers to other asset categories</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;790</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">294,872</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">1,766,047</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;2,629</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(2,053,290)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(11,048)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;-</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Transfers to intangible assets</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(31)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(11,865)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(11,896)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Right of use - initial recognition</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;640,989</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;640,989</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Right of use - Remesurement</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(151,558)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(151,558)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Update of the ARO (Asset retirement obligation)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">225,125</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;225,125</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Transfers to investment property</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(67,176)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(20,030)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(13,989)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(101,195)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Consolidation CBSI</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">4,940</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(573)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;4,756</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;9,123</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Others</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(680)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(680)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2019</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;226,949</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">3,062,238</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;12,603,619</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">28,455</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">3,217,052</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;472,345</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">90,286</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">19,700,944</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="vertical-align: middle; text-align: left">Cost</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;226,949</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">4,250,471</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;24,372,514</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;170,229</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">3,217,052</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;531,044</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;386,144</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">33,154,403</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">Accumulated depreciation</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(1,188,233)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(11,768,895)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(141,774)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(58,699.0)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(295,858)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(13,453,459)</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2019</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;226,949</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">3,062,238</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;12,603,619</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">28,455</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">3,217,052</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;472,345</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">90,286</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">19,700,944</TD></TR>
  </TABLE>
<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>


<!-- Field: Page; Sequence: 159 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(*) Refer substantially to: <B>i)</B> in the consolidated
picture: assets for railway use, such as yards, rails, mines and dormant;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt">(1)</TD><TD>The cost of capitalized interest is calculated, basically, for Mining projects that substantially refer to the expansion of Casa de
Pedra (MG) and TECAR (RJ) - see notes 28 and 33. The average rate used for the capitalization of interest on non-specific projects in
the period ended December 31 2020 was 5.62% per year (6.58% per year as of December 31, 2019).</TD></TR></TABLE>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">(i)</TD><TD STYLE="text-align: justify">Right of use</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Below the movements of the right of use recognized
on December 31, 2020 and 2019:</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 36%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 12%">Consolidated</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Land</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Buildings and Infrastructure</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Machinery, equipment and facilities</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Others</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Balance at December 31, 2019</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;380,566</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">64,154</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">24,144</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;3,481</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;472,345</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">Cost</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;401,746</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">73,344</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">39,455</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;16,499</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;531,044</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: left">Accumulated depreciation</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(21,180)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(9,190)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(15,311)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(13,018)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(58,699)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2019</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;380,566</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">64,154</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">24,144</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;3,481</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;472,345</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: left">Effect of foreign exchange differences</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;988</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;294</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;3,047</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;4,329</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Addition</TD>
    <TD STYLE="text-align: right">9,039</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;4,561</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">23,720</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;12,614</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">49,934</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Remesurement</TD>
    <TD STYLE="text-align: right">&nbsp;34,645</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;3,827</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">21,557</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">29</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">60,058</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Depreciation&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(24,467)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(983)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(14,211)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(23,019)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(62,680)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Write-offs</TD>
    <TD STYLE="text-align: right">&nbsp;(6,580)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(399)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(339)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(7,318)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Transfers to other asset categories</TD>
    <TD STYLE="text-align: right">&nbsp;(188)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(6,062)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(3,558)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;9,808</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Balance at December 31, 2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;393,015</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">66,086</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">51,946</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;5,621</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;516,668</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">Cost</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;434,689</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;75,882</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;81,598</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;42,617</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">634,786</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: left">Accumulated depreciation</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(41,674)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(9,796)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(29,652)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(36,996)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(118,118)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;393,015</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">66,086</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">51,946</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;5,621</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;516,668</TD></TR>
  </TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 36%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 12%">Consolidated</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Land</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; background-color: white">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; background-color: white">Buildings and Infrastructure</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; background-color: white">Machinery, equipment and facilities</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; background-color: white">Other</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; background-color: white">Total</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Initial recognition &ndash; Rights of use</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;&nbsp;556,133</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">54,513</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;&nbsp;9,783</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;20,560</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">640,989</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Addition</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;6,719</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">34,197</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,195</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;43,111</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Remeasurement</TD>
    <TD STYLE="text-align: right">&nbsp;(152,915)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">12,112</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(4,525)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(6,230)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(151,558)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Depreciation</TD>
    <TD STYLE="text-align: right">(21,314)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(9,190)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(15,311)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(13,028)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(58,843)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Write-off</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,338)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(16)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,354)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">Balance at December 31, 2019</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;380,566</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">64,154</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">24,144</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">3,481</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">472,345</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Cost</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;401,746</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;&nbsp;73,344</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;&nbsp;39,455</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">16,499</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;&nbsp;531,044</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Accumulated depreciation</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;&nbsp;(21,180)</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">(9,190)</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">(15,311)</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;&nbsp;(13,018)</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;&nbsp;(58,699)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Balance at December 31, 2019</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;380,566</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">64,154</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">24,144</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">3,481</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">472,345</TD></TR>
  </TABLE>

<P STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: right; text-indent: 5in"><B></B></P>


<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The average estimated useful lives for the years
are as follows (in years):</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 45%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 27%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 27%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; background-color: white">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Buildings and Infrastructure<FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right">34</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">38</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Machinery, equipment and facilities</TD>
    <TD STYLE="text-align: right">20</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">21</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Furniture and fixtures</TD>
    <TD STYLE="text-align: right">12</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">12</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Others</TD>
    <TD STYLE="text-align: right">10</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">14</TD></TR>
  </TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 0cm">(1) The decrease was caused by the review of the useful
lives of dams infrastructure as a result of technical and functional obsolescence recorded in 2020 as a result of the use of filter and
stack dry tailings in our iron ore production.</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 160 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="line-height: 115%">Property, plant
and equipment are carried at cost of acquisition, formation or construction, less accumulated depreciation or depletion and any impairment
loss. Depreciation is calculated under the straight-line method based on the remaining economic useful economic lives of assets, as mentioned
in note 9. The depletion of mines is calculated based on the quantity of ore mined. Land is not depreciated since their useful life is
considered indefinite. However, if the tangible assets are mine-specific, that is, used in the mining activity, they are depreciated over
the shorter between the normal useful lives of such assets and the useful life of the mine. The Company recognizes in the carrying amount
of property, plant and equipment the cost of replacement, and consequently reducing the carrying amount of the part that is replaced if
it is probable that future economic benefits embodied therein will revert to the Company, and if the cost of the asset can be reliably
measured. All other disbursements are expensed as incurred</FONT>.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Capitalized interest</TD></TR></TABLE>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Borrowing costs directly attributable to the acquisition,
construction and or production of qualifying assets are capitalized as part of the cost of the asset when it is probable that they will
result in future economic benefits and <FONT STYLE="line-height: 115%">until these projects are completed.</FONT></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Development Costs of New Ore Deposits</TD></TR></TABLE>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Costs for the development of new ore deposits,
or for the expansion of the capacity of the mines in operation are capitalized and amortized by the method of units produced (extracted)
based on the probable and proven quantities of ore.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Operating Expenses</TD></TR></TABLE>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Exploration expenses are recognized as expenses
until the viability of the mining activity is established; after that period, subsequent costs are capitalized.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Waste Removal Costs</TD></TR></TABLE>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Expenses incurred during the development phase
of a mine, prior to the production phase, are accounted for as part of the depreciable development costs. Subsequently, these costs are
amortized over the useful life of the mine based on probable and proven reserves.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Sterile Costs</TD></TR></TABLE>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The waste disposal costs incurred in the production
phase are added to the stock value, except when a specific extraction campaign is carried out to access deeper deposits of the deposit.
In this case, costs are capitalized and classified in non-current assets and are amortized over the useful life of the deposit.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>




<!-- Field: Page; Sequence: 161 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">12.</TD><TD STYLE="text-align: justify">INTANGIBLE ASSETS</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>
<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 31%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">Consolidated</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Goodwill</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Customer relationships</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Software</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Trademarks<BR>
and<BR>
patents</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Rights and licenses (*)</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Others</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2019</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;3,606,156</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">246,139</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;53,859</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;153,103</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;3,170,960</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;1,564</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;7,231,781</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Cost&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">3,846,563</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;585,407</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">171,152</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">153,103</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;3,189,789</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,564</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;7,947,578</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Accumulated amortization&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(131,077)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(339,268)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(117,293)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(18,829)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(606,467)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Adjustment for accumulated recoverable value&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(109,330)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center"></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(109,330)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2019</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;3,606,156</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">246,139</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;53,859</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;153,103</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;3,170,960</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;1,564</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;7,231,781</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Effect of foreign exchange differences</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">94,998</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">584</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;62,429</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;&nbsp;638</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;158,649</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Acquisitions and expenditures</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">1,837</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;&nbsp;1,837</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Transfer of property, plant and equipment</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">633</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;&nbsp;4,000</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;&nbsp;4,633</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">Amortization (note 26)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: right">(63,096)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: right">(11,248)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: right">(5,611)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: right">&nbsp;&nbsp;(79,955)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Others</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: right">&nbsp;(151)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(151)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;3,606,156</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">278,041</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;45,665</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;215,532</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;3,169,349</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;2,051</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;7,316,794</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Cost&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;3,846,563</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">823,540</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;182,059</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;215,532</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;3,193,787</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;2,051</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;8,263,532</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Accumulated amortization&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(131,077)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(545,499)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(136,394)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(24,438)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(837,408)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Adjustment for accumulated recoverable value&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(109,330)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(109,330)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;3,606,156</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">278,041</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;45,665</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;215,532</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;3,169,349</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;2,051</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;7,316,794</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 31%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">Consolidated</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Goodwill</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Customer relationships</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Software</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Trademarks<BR>
and<BR>
patents</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Rights and licenses (*)</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Others</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2018</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;3,590,931</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">288,773</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;54,972</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;150,009</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;3,166,999</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;1,491</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;7,253,175</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Cost&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">3,831,338</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;573,614</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;161,067</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">150,009</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">3,185,701</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,491</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;7,903,220</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Accumulated amortization&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(131,077)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(284,841)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(106,095)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;-</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(18,702)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">-</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(540,715)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Adjustment for accumulated recoverable value&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(109,330)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;&nbsp;-</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;-</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;-</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;-</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">-</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(109,330)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2018</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;3,590,931</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">288,773</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;54,972</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;150,009</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;3,166,999</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;1,491</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;7,253,175</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Effect of foreign exchange differences</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;4,711</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;&nbsp;3</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">3,092</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">-</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;33</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;&nbsp;7,839</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Acquisitions and expenditures</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">$0.00</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;1,387</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">-</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">-</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;40</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;&nbsp;1,427</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Transfer of property, plant and equipment</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">$0.00</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;7,808</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">-</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">4,088</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">11,896</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">Amortization (note 26)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: right">(47,345)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: right">(10,657)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: right">&nbsp;(127)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: right">&nbsp;&nbsp;(58,129)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Goodwill - acquisition 50% CBSI (note 8.d)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: right">&nbsp;15,225</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;-</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: right">15,225</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Consolidated CBSI on November 30, 2019</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;-</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: right">&nbsp;346</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: right">&nbsp;2</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left"></TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: right">&nbsp;&nbsp;348</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2019</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;3,606,156</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">246,139</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;53,859</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;153,103</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;3,170,960</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;1,564</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;7,231,781</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Cost&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;3,846,563</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">585,407</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">171,152</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;153,103</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;3,189,789</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;1,564</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;7,947,578</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Accumulated amortization&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(131,077)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(339,268)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(117,293)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(18,829)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(606,467)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;Adjustment for accumulated recoverable value&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(109,330)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;-</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(109,330)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Balance at December 31, 2019</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;3,606,156</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">246,139</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;53,859</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;153,103</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;3,170,960</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;1,564</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;7,231,781</TD></TR>
  </TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(*) Composed mainly of mining rights. Amortization
is based on production volume.</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The average useful life by nature is as follows
(in years):</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 45%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 27%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 27%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; background-color: white">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Software</TD>
    <TD STYLE="text-align: right">9</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">9</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Customer relationships</TD>
    <TD STYLE="text-align: right">13</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">13</TD></TR>
  </TABLE>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Intangible assets basically comprise assets acquired
from third parties, including through business combinations. These assets are recorded at acquisition or formation cost and deducted from
amortization calculated using the straight-line method based on the economic useful life of each asset, within the estimated periods of
exploration or recovery.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Mineral exploration rights are classified as rights
and licenses in the intangible group.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Intangible assets with an indefinite useful life
are not amortized.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>




<!-- Field: Page; Sequence: 162 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">12.a)</TD><TD STYLE="text-align: justify">Goodwill impairment test</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Goodwill arising from expected future profitability
of acquired companies and intangible assets with indefinite useful lives (brands) were allocated to CSN&#8217;s cash generating units
(CGUs) which represent the lowest level of assets or group of assets of the Company. According to IAS36, when a CGU has an intangible
asset with no defined useful life allocated, the Company must perform an impairment test. The CGUs with intangible assets in this situation
are shown below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="width: 23%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 10%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 10%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 10%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 10%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 10%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%">Consolidated</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Goodwill</TD>
    <TD COLSPAN="4" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">Trademarks</TD>
    <TD COLSPAN="3" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Cash generating of units</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Segment</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">12/31/2020</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; text-align: center">12/31/2019</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">12/31/2019</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">12/31/2020</TD>
    <TD STYLE="font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Packaging <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;Steel&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;&nbsp;158,748</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;158,748</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;158,748</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;158,748</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Long steel <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;Steel&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;235,595</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;235,595</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;215,532</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">153,103</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;451,127</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;388,698</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Mining <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(3)</SUP></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;Mining&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;3,196,588</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;3,196,588</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;3,196,588</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;3,196,588</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Other Steel <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(4)</SUP></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;Steel&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;15,225</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;15,225</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;15,225</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;15,225</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;3,606,156</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;3,606,156</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;215,532</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">153,103</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;3,821,688</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;3,759,259</TD></TR>
  </TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(1) <FONT STYLE="line-height: 115%">The goodwill
of the Packaging cash-generating unit is shown net of impairment loss in the amount of R$109,330, recognized in 2011</FONT>.</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(2) The goodwill and trademark that are recorded
in line item intangible assets at long steel segment, those transactions are derived from the business combination of Stahlwerk Thuringen
GmbH (&quot;SWT&quot;) and Gallardo Sections CSN. The assets mentioned are considered to have indefinite useful lives as they are expected
to contribute indefinitely to the Company's cash flows.</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(3) Refers to the goodwill based on expectations
for future profitability, resulting from the acquisition of Namisa by CSN Minera&ccedil;&atilde;o concluded in December 2015, which recoverability
is tested annually.</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(4) On November 29, 2019, CSN acquired the stake
held by CKTR Brasil Servi&ccedil;os Ltda., corresponding to 50% of CBSI's shares, and now holds 100% of CBSI's share capital.</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The impairment testing of the goodwill and the
trademark include the balance of property, plant and equipment of the cash-generating units and the intangible assets. The test is based
on the comparison between the actual balances and the value in use of those units, determining based on the projections of discounted
cash flows and use of such assumptions and judgements as: growth rate, costs and expenses, discount rate, working capital, future Capex
investment and macroeconomic assumptions observable in the market.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0">The main assumptions used in the calculation of the value in use on
December 31, 2020, are as follows:</P>

<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: white">
    <TD STYLE="border: Black 1pt solid; white-space: nowrap; width: 14%; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; width: 15%; border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Packaging </TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; width: 16%; border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Mining </TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; width: 17%; border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Other Steelmaking </TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; width: 17%; border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Flat Steel </TD>
    <TD STYLE="border-top: Black 1pt solid; white-space: nowrap; width: 21%; border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Logistics </TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Measurement of recoverable value</TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">DCF </TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">DCF </TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">DCF </TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">DCF </TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">DCF </TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Cash Flow Projection</TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Until 2030 + perpetuity</TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Until 2064</TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Until 2030 + perpetuity</TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Until 2030 + perpetuity</TD>
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">by 2027</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="border-right: Black 1pt solid; white-space: nowrap; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Gross margin </TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Update of gross margin based on historical data, incorporation of the impacts of business restructuring and market trends.</TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">It reflects projection of costs due to the progress of the mining plan as well as startup and project ramp up. Prices and exchange rates projected according to sectoral reports. </TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Update of gross margin based on historical data and market trends.</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Update gross margin based on historical data and market trends.</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Estimated based on market study to capture cargo and operating costs according to market trend studies </TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Update costs</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Update of costs based on historical data for each product and incorporation of the impacts of business restructuring.</TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Update of costs based on historical data, progress of the mining plan as well as startup and project ramp up</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Update of costs based on historical data and market trends.</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Update of costs based on historical data and market trends.</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Study-based costs and market trends</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Perpetuity growth rate</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">No growth.</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Without perpetuity.</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">No growth.</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Growth of 1.4% per year in real terms, updated by long-term inflation of 1.7% per year in the Eurozone.</TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Without perpetuity.</TD></TR>
  </TABLE>
  <TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: white">
    <TD STYLE="border-right: Black 1pt solid; width: 14%; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">Discount Rate</TD>
    <TD STYLE="border-top: Black 1pt solid; vertical-align: bottom; width: 86%; border-right: black 1pt solid; border-bottom: Black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center">For packaging, cash flow was discounted using a discount rate of around 8% per year in real terms. For mining, flat steel and other steel (CBSI), cash flows were discounted using a discount rate between 7% to 9.5% pa in nominal terms. For logistics, cash flow was discounted using a discount rate between 5.87% to 6.40% pa in real terms. The discount rate was based on the weighted average cost of capital (&#8220;WACC&#8221;) which reflects the specific risk of each segment.</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(*) refer to the assets of the subsidiary Lusosider,
located in Portugal. The discount rate was applied to the discounted cash flow prepared in Euros, the functional currency of this subsidiary.</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(**) refer to the assets of the subsidiary FTL
- Ferrovia Transnordestina Log&iacute;stica SA</P>

<!-- Field: Page; Sequence: 163 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->





<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">For the subsidiary SWT long steel, the measurement
of recoverable value was based on fair value and classified as Level 3, based on unobservable inputs that reflect the assumptions that
market participants would use for pricing, including risk assumptions and discount rate.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Based on the analyzes carried out by Management,
it was not identified the need to record any impairment losses on the balances of these assets in the year ended December 31, 2020.</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Goodwill</TD></TR></TABLE>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Goodwill represents the positive difference between
the amount paid and/or payable for the acquisition of a business and the net fair value of assets and liabilities of the subsidiary acquired.
Goodwill on acquisitions in business combinations is recorded as intangible assets in the consolidated financial statements. The gain
on bargain purchase is recorded as a gain in the income statement for the period of the acquisition. Goodwill is tested for impairment
annually or at any time when circumstances indicate a possible loss. Recognized impairment losses on goodwill, if any, are not reversed.
Gains and losses on the disposal of a Cash Generating Unit (&quot;CGU&quot;), if any, include the carrying amount of goodwill related
to the CGU sold.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Impairment of Non-financial Assets</TD></TR></TABLE>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0">Assets that have an indefinite useful life, such as goodwill, are not subject
to amortization and are tested annually for impairment. Assets that are subject to amortization and/or depreciation, such as fixed assets
and investment properties, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value may
not be recoverable. An impairment loss is recognized for the amount by which the asset's carrying amount exceeds its recoverable amount.
The latter is the higher of an asset's fair value less costs to sell and its value in use. For impairment assessment purposes, assets
are grouped at the lowest levels for which there are separately identifiable incoming cash flows (Cash Generating Units). Non-financial
assets other than goodwill that have suffered impairment are reviewed subsequently each year for possible reversal of the impairment.</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">13.</TD><TD STYLE="text-align: justify">BORROWINGS AND FINANCING</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The balances of loans, financing and debentures
that are recorded at amortized cost are as follows:</P>


<!-- Field: Page; Sequence: 164 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"></FONT></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8.5pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 30%">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 16%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 16%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 16%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 16%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;Current Liabilities&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;Noncurrent Liabilities&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">12/31/2020</TD>
    <TD STYLE="font-family: Albertus Medium; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">12/31/2019</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">12/31/2020</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Foreign Debt</TD>
    <TD STYLE="font-size: 8pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Floating Rates:</TD>
    <TD STYLE="font-size: 8pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Prepayment</TD>
    <TD STYLE="text-align: right"><SUP>&nbsp;&nbsp;(1)</SUP></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,119,558</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,769,975</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;3,457,105</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;2,563,928</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Fixed Rates:</TD>
    <TD STYLE="font-size: 8pt; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Bonds, Perpetual bonds and Advance on Foreign Exchange Contract</TD>
    <TD STYLE="text-align: right"><SUP>&nbsp;&nbsp;(2)</SUP></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;426,676</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;2,047,032</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;19,898,213</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;10,177,517</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">Intercompany</TD>
    <TD STYLE="font-size: 8pt; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; text-align: left">Fixed interest in EUR</TD>
    <TD STYLE="font-size: 8pt; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Intercompany</TD>
    <TD STYLE="font-size: 8pt; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Facility</TD>
    <TD STYLE="font-size: 8pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;326,970</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;223,204</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;143,503</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;147,241</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;1,873,204</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;4,040,211</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;23,498,821</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;12,888,686</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Debt agreements in Brazil</TD>
    <TD STYLE="font-size: 8pt; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Floating Rate Securities in R$:</TD>
    <TD STYLE="font-size: 8pt; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">BNDES/FINAME, Debentures, NCE and CCB</TD>
    <TD STYLE="text-align: right"><SUP>&nbsp;&nbsp;(3)</SUP></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;2,282,279</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,086,985</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;7,716,307</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;10,049,783</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; text-align: left">Fixed Rate Securities in R$:</TD>
    <TD STYLE="font-size: 8pt; text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Intercompany</TD>
    <TD STYLE="font-size: 8pt; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">25,038</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;2,282,279</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;1,112,023</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;7,716,307</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;10,049,783</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Total Borrowings and Financing</TD>
    <TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;4,155,483</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;5,152,234</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;31,215,128</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;22,938,469</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">Transaction Costs and Issue Premiums</TD>
    <TD STYLE="font-size: 8pt; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(29,030)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(26,391)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(70,928)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(97,276)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Total Borrowings and Financing + Transaction cost</TD>
    <TD STYLE="font-size: 8pt; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">4,126,453</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">5,125,843</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">31,144,200</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">22,841,193</TD></TR>
  </TABLE>
<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 7pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt">(1)</TD><TD STYLE="text-align: justify">In 2020, the Company renegotiated part of the Prepayment debt in the total amount of U$311 million, postponing
part of the maturities of 2020 and 2021 to 2022.</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">(2)</TD><TD STYLE="text-align: justify">In 2020, the Company issued debt securities representing the foreign market (&#8220;Notes&#8221;), through
its subsidiary CSN Inova Ventures, with maturity in 2028 and interest rate of 6.75% per year, totaling US$1, 3 billion, of which US$1
billion in January and US$300 million in November. Additionally, we used US$263 million in the repurchase offer (&#8220;Tender Offer&#8221;)
of the Notes issued by CSN Resources SA in January 2020. All Notes mentioned above are unconditionally and irrevocably guaranteed by the
Company.</TD></TR></TABLE>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.4pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 7pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt">(3)</TD><TD STYLE="text-align: justify">In June 2020, the Company renegotiated a debt rollover in the amount of R$300 million, shifting the maturities
of 2020 to the years 2021, 2022 and 2023.</TD></TR></TABLE>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The following table shows the average interest
rate:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 40%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; width: 29%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center; width: 29%">Consolidated</TD>
    </TR>
  <TR>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 10pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 10pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 10pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 10pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 8.5pt; font-weight: bold; vertical-align: middle; text-align: center">12/31/2020</TD>
    </TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 0.5pt solid; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center">Average interest rate (i)</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center">Total debt</TD>
    </TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">US$</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">6.63%</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24,901,552</TD>
    </TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">EUR</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">1.50%</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470,473</TD>
    </TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">R$</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">2.82%</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9,998,586</TD>
    </TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35,370,611</TD>
    </TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 13.95pt">(i)</TD><TD STYLE="text-align: justify">To determine the average interest rate on debt contracts with floating rates, the Company used the rates
applied on December 31, 2020. In The Company, it considers the interest rate of the contracts <I>intercompany</I>.</TD></TR></TABLE>



<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 13.95pt; text-align: justify">&nbsp;</P>




<!-- Field: Page; Sequence: 165 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">13.a)</TD><TD STYLE="text-align: justify">Maturities of loans, financing and debentures presented in current and non-current liabilities</TD></TR></TABLE>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 17.85pt; text-align: justify">&nbsp;</P>
<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 22%">&nbsp;</TD>
    <TD STYLE="text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: center; width: 30%">&nbsp;</TD>
    <TD STYLE="text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: center; width: 25%">&nbsp;</TD>
    <TD STYLE="text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center; width: 20%">Consolidated</TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 10pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 10pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 10pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 10pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 10pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 10pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 8.5pt; font-weight: bold; vertical-align: middle; text-align: right">12/31/2020</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center">Principal</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 0.5pt solid; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center">Borrowings and financing in foreign currency</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center">Borrowings and financing in national currency</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">2021</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,873,204</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,282,279</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">4,155,483</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">2022</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,683,224</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,859,423</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">5,542,647</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">2023</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">5,567,133</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">3,036,338</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">8,603,471</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">2024</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">178,033</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,238,275</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,416,308</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">2025</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;68,595</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;68,595</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">2026</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">3,118,021</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;68,587</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">3,186,608</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">After 2026</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">6,755,710</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">445,089</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">7,200,799</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Perpetual bonds</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">5,196,700</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">5,196,700</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;25,372,025</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">9,998,586</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;35,370,611</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">13.b)Borrowing</TD><TD STYLE="text-align: justify">and amortization, financing and debentures</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The following table shows amortization and funding
during the year:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 44%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 27%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 27%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Opening balance</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">27,967,036</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">28,827,074</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>New debts</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;8,116,247</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">10,149,381</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Repayment</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(6,448,658)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(11,775,093)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Payments of charges</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(1,922,130)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(2,039,112)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Accrued charges (Note 28)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;2,002,052</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;1,996,305</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Consolidation of CBSI</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;19,722</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Others&nbsp;&nbsp;<FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(1)</SUP></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;5,556,106</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;788,759</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Closing balance</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">35,270,653</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">27,967,036</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">1.</TD><TD>Including unrealized exchange and monetary variations and funding cost.</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In 2020, the Commpany entered into new debt agreements
and amortized borrowings as shown below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Funding and Amortization</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 37%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 20%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Nature</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">New debts</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Repayment</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Interest payment</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="border-top-color: Black; border-top-width: 0.5pt">&nbsp;Prepayment&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;177,420</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(1,028,606)</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(245,125)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;Bonds, Perpetual bonds, ACC, CCE and Facility&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;7,917,929</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(4,458,888)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(1,237,396)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>&nbsp;BNDES/FINAME, Debentures, NCE and CCB&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;20,898</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(961,164)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(439,609)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;8,116,247</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;(6,448,658)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;(1,922,130)</TD></TR>
  </TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol; font-style: normal; font-weight: normal">&middot;</FONT><FONT STYLE="font: normal 7pt Times New Roman, Times, Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Covenants</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company is compliant with its financial and
non-financial obligations (covenants). On December 31, 2019, the Company has provisioned R$10,531 for risk assumption.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>




<!-- Field: Page; Sequence: 166 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Borrowings and financing are initially recognized
at fair value, net of transaction costs and subsequently measured at amortized cost using the effective interest and charge methods. Interest,
commissions and possible financial charges are recorded pro-rata on an accrual basis.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company's debt agreements establish the fulfillment
of certain non-financial obligations, as well as maintenance of certain parameters and performance indicators, such as disclosure of its
audited financial statements according to regulatory deadlines or payment of commission on risk assumption if certain financial indicators
are triggered.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">14.</TD><TD STYLE="text-align: justify">FINANCIAL INSTRUMENTS</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">I - Identification and valuation of financial
instruments</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company may operate with several financial
instruments, with emphasis on cash and cash equivalents, including financial investments, marketable securities, accounts receivable from
customers, accounts payable to suppliers and borrowings and financing. Additionally, we may also operate with derivative financial instruments,
such as swap exchange rate, swap interest and derivatives with commodities.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Considering the nature of the instruments, the
fair value is basically determined by the use of quotations in the capital markets in Brazil and the Mercantile and Futures Exchange.
The amounts recorded in current assets and liabilities have immediate liquidity. Considering the term and characteristics of these instruments,
fair values do not differ from the recorded amounts.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>



<!-- Field: Page; Sequence: 167 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 21.3pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Classification of financial instruments</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 28%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center; width: 5%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 10%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right; width: 10%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="3" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center">Consolidated</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Notes</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center">Fair value through profit or loss</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Measured at amortized cost</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Balances</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center">Fair value through profit or loss</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Measured at amortized cost</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Balances</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; text-align: left">Assets</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">Current</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Cash and cash equivalents</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;4</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">9,944,586</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">9,944,586</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,088,955</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,088,955</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; text-align: left">Short-term investments</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;5</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">3,305,109</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">478,253</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">3,783,362</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,114,620</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">518,553</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,633,173</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Trade receivables</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;6</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,867,352</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,867,352</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,047,931</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,047,931</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; text-align: left">Dividends and interest on equity</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;9</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;38,088</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;38,088</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;44,554</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;44,554</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Derivative financial instruments</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;9</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,364</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,364</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; text-align: left">Trading securities</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;9</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;5,065</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;5,065</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;4,034</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;4,034</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; font-weight: bold; text-align: left">Total</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">3,310,174</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;13,328,279</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;16,638,453</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">2,120,018</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">3,699,993</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">5,820,011</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">Non-current</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; text-align: left">Investments</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;5</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">123,409</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">123,409</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;95,719</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;95,719</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Other trade receivables</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;9</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;2,445</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;2,445</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;7,059</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;7,059</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; text-align: left">Eletrobr&aacute;s compulsory loan</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;9</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">852,532</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">852,532</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">845,284</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">845,284</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Receivables by indemnity</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;9</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">517,183</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">517,183</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; text-align: left">Loans - related parties</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;9</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">966,050</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">966,050</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">846,300</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">846,300</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Investments</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;10</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;59,879</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;59,879</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;47,300</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;47,300</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; text-align: left">Derivative financial instruments</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;9</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;4,203</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;4,203</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; font-weight: bold; text-align: left">Total</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;&nbsp;59,879</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">2,461,619</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">2,521,498</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;&nbsp;51,503</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">1,794,362</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">1,845,865</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Total Assets</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">3,370,053</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;15,789,898</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;19,159,951</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">2,171,521</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">5,494,355</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">7,665,876</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="color: red; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">Liabilities</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; font-weight: bold; text-align: left">Current</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 36px; text-align: left">Borrowings and financing&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;13</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">4,155,483</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">4,155,483</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">5,152,234</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">5,152,234</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 36px; vertical-align: bottom; text-align: left">Trade payables</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;17</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">4,819,539</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">4,819,539</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">3,012,654</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">3,012,654</TD></TR>
  <TR>
    <TD STYLE="padding-left: 36px; vertical-align: bottom; text-align: left">Trade payables -&nbsp;&nbsp;drawee risk</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;15</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">623,861</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">623,861</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">1,121,312</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">1,121,312</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 36px; vertical-align: bottom; text-align: left">Dividends and interest on capital</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;15</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">946,133</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">946,133</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;13,252</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;13,252</TD></TR>
  <TR>
    <TD STYLE="padding-left: 36px; vertical-align: bottom; text-align: left">Leases</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;16</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;93,626</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;93,626</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;35,040</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;35,040</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 36px; text-align: left">Derivative financial instruments</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;8,722</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;8,722</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; font-weight: bold; text-align: left">Total</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;8,722</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;10,638,642</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;10,647,364</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">9,334,492</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">9,334,492</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; font-weight: bold; text-align: left">Non-current</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 36px; text-align: left">Borrowings and financing&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;13</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;31,215,128</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;31,215,128</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;22,938,469</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;22,938,469</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 36px; text-align: left">Trade payables</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;17</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">543,527</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">543,527</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 36px; text-align: left">Derivative financial instruments</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;97,535</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;97,535</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 36px; text-align: left">Leases</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;16</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">436,505</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">436,505</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">439,350</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">439,350</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; font-weight: bold; text-align: left">Total</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;&nbsp;97,535</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;32,195,160</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;32,292,695</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;23,377,819</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;23,377,819</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Total Liabilities</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">106,257</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;42,833,802</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;42,940,059</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;32,712,311</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;32,712,311</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 21.3pt; text-align: justify"><B></B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 21.3pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Fair value measurement</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The table below shows the financial instruments
recorded at fair value through profit or loss, classifying them according to the fair value hierarchy:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 168 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->37<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 34%">Consolidated</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right; width: 10%">12/31/2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; width: 1%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right; width: 10%">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Level 1</TD>
    <TD STYLE="border-top: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Level 2</TD>
    <TD STYLE="border-top: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Balances</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Level 1</TD>
    <TD STYLE="border-top: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Level 2</TD>
    <TD STYLE="border-top: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Balances</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; text-align: left">Assets</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">Current</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="color: red; text-align: center">&nbsp;</TD>
    <TD STYLE="color: red; text-align: center">&nbsp;</TD>
    <TD STYLE="color: red; text-align: center">&nbsp;</TD>
    <TD STYLE="color: red; text-align: center">&nbsp;</TD>
    <TD STYLE="color: red; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">Financial assets at fair value through profit or loss</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-left: 24px; vertical-align: bottom; text-align: left">Financial investments</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;3,305,109</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;3,305,109</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;2,114,620</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;2,114,620</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; vertical-align: bottom; text-align: left">Derivative financial instruments</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,364</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;1,364</TD></TR>
  <TR>
    <TD STYLE="padding-left: 24px; vertical-align: bottom; text-align: left">Trading securities</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">5,065</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;5,065</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">4,034</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;4,034</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">Non-current</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">Financial assets at fair value through profit or loss</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Investments</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;59,879</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">59,879</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;47,300</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">47,300</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; text-align: left">Derivative financial instruments</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">4,203</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;4,203</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Total Assets</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;3,370,053</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;3,370,053</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;2,165,954</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">5,567</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;2,171,521</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Liabilities</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">Current</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">Financial liabilities at fair value through profit or loss</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Derivative financial instruments</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">8,722</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;8,722</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: middle; text-align: left">Non-current</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">Financial liabilities at fair value through profit or loss</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; text-align: left">Derivative financial instruments</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;97,535</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">97,535</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">Total Liabilities</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;106,257</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;106,257</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right"></TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-style: normal"><B>Level 1</B>
- Data are prices quoted in an active market for items identical to the assets and liabilities being measured.</FONT></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Level 2</B> - Consider <I>inputs</I> observable
in the market, such as interest rates, exchange rates, etc., but are not prices negotiated in active markets.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-style: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-style: normal">There are no assets
or liabilities classified as level 3.</FONT></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-style: normal"><B>II - Investments
in securities valued at fair value through profit or loss </B></FONT></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company has common shares (USIM3), preferred
shares (USIM5) of Usiminas (&#8220;Usiminas shares&#8221;) and shares of Panatl&acirc;ntica SA (PATI3), which are designated as fair value
through profit or loss.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Usiminas shares are classified as current assets
in financial investments and Panatl&acirc;ntica shares are classified as non-current assets under the investment item. They are recorded
at fair value (<I>fair value</I>), based on the market price quote in B3.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In accordance with the Company&#8217;s policy,
the gains and losses arising from the variation in the share price are recorded directly in the income statement as financial result in
the case of financial investments, or as other operating income and expenses in the case of long-term investments.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center">Class of shares</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-size: 11pt; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">12/31/2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">12/31/2019</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-size: 11pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Quantity</TD>
    <TD STYLE="font-size: 11pt; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Equity interest (%)</TD>
    <TD STYLE="font-size: 11pt; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Share price</TD>
    <TD STYLE="font-size: 11pt; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Closing Balance</TD>
    <TD STYLE="font-size: 11pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Quantity</TD>
    <TD STYLE="font-size: 11pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Equity interest (%)</TD>
    <TD STYLE="font-size: 11pt; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Share price</TD>
    <TD STYLE="font-size: 11pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Closing Balance</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Fair value adjustment recognized in profit or loss (note 27 and 28)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: center; width: 10%">USIM3</TD>
    <TD STYLE="font-size: 11pt; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right; width: 8%">&nbsp;107,156,651</TD>
    <TD STYLE="font-size: 11pt; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center; width: 8%">15.19%</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right; width: 8%">&nbsp;15.69</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right; width: 8%">1,681,288</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right; width: 8%">&nbsp;107,156,651</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center; width: 8%">15.19%</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right; width: 8%">9.87</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right; width: 8%">&nbsp;&nbsp;1,057,636</TD>
    <TD STYLE="vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right; width: 8%">&nbsp;623,652</TD>
    <TD STYLE="vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right; width: 8%">(168,236)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: center">USIM5</TD>
    <TD STYLE="font-size: 11pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;111,144,456</TD>
    <TD STYLE="font-size: 11pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">20.29%</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;14.61</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,623,821</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;111,144,456</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">20.29%</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">9.51</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;1,056,984</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;566,837</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">32,232</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 11pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-size: 11pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">3,305,109</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;2,114,620</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;1,190,489</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">(136,004)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: center">PATI3</TD>
    <TD STYLE="font-size: 11pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;2,065,529</TD>
    <TD STYLE="font-size: 11pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">11.31%</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;28.99</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;59,879</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;2,065,529</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">11.31%</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;22.90</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;47,300</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">12,579</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">17,224</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 11pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 11pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-size: 11pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">3,364,988</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;2,161,920</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;1,203,068</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">(118,780)</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>III - Financial risk management:</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company uses risk management strategies with
guidance on the risks incurred by us. The nature and general position of financial risks are regularly monitored and managed in order
to assess results and the financial impact on cash flow. Credit limits and hedge quality of counterparties are also reviewed periodically.</P>


<!-- Field: Page; Sequence: 169 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->38<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Market risks are hedged when we consider necessary
to support the corporate strategy or when it is necessary to maintain the level of financial flexibility.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">We are exposed to exchange rate, interest rate,
market price and liquidity risks.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company may manage some of the risks through
the use of derivative instruments not associated with any speculative trading or short selling.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt">14.a)</TD><TD STYLE="text-align: justify">Exchange rate, market price and interest rate risk:</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 17.85pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Exchange rate risk</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 21.3pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The exposure arises from the existence of assets
and liabilities denominated in Dollar or Euro, since the Company&#8217;s functional currency is substantially the Real and is called natural
exchange exposure. The net exposure is the result of the offsetting of the natural exchange exposure by the instruments of <I>hedge</I>
adopted by CSN.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The consolidated net exposure as of December 31,
2020 is shown below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-size: 12pt; font-weight: bold; width: 44%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 27%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; width: 27%">12/31/2020</TD></TR>
  <TR>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Foreign Exchange Exposure</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">(Amounts in US$&rsquo;000)</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">(Amounts in &euro;&rsquo;000)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Cash and cash equivalents overseas</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">664,951</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">13,372</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Trade receivables</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">387,039</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;2,560</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Financial investments</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;23,748</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;Other assets&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;9,158</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;4,474</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Total Assets</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">1,084,896</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">20,406</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Borrowings and financing&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(4,812,268)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Trade payables</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(139,672)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(9,258)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Iron ore derivative</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(172)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Other liabilities</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(9,305)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(1,010)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">Total Liabilities</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;(4,961,417)</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;(10,268)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: top">Foreign exchange exposure</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;(3,876,521)</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right">10,138</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">Cash flow hedge accounting</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">3,992,200</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"></TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: top">Exchange rate swap CDI x Dollar&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(67,000)</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"></TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: top">Net foreign exchange exposure</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;48,679</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">10,138</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">CSN uses as a strategy the <I>Hedge Accounting</I>,
as well as derivative financial instruments to protect future cash flows.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Sensitivity analysis of Derivative Financial
Instruments and Consolidated Foreign Exchange Exposure</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company considered scenarios 1 and 2 to be
25% and 50% deterioration for currency volatility, using the exchange rate closing rate as of December 31, 2020 as a reference.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0">The currencies used in the sensitivity analysis and their respective
scenarios are shown below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; width: 20%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 19%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 19%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 19%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 19%">12/31/2020</TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle">Currency</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Exchange rate</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center">Probable scenario</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid">Scenario 1</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid">Scenario 2</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>USD</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.1967</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.2617</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.4959</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.7951</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>EUR</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3779</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3867</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.9724</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.5669</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>USD x EUR</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2271</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2124</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.5339</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.8407</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.05pt">The effects on the result,
considering scenarios 1 and 2 are shown below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 170 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->39<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 30%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 13%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 13%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 13%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 13%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 13%">12/31/2020</TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">Instruments</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Notional</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Risk</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Probable scenario (*) R$<BR></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Scenario 1 R$</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Scenario 2 R$</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Gross exchange position</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(3,876,521)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">Dollar</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(251,974)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(5,036,279)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(10,072,558)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Cash flow hedge accounting</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;3,992,200</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">Dollar</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">259,493</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;5,186,566</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;10,373,133</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Exchange rate swap CDI x Dollar&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(67,000)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">Dollar</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(4,355)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(87,045)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(174,089)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">Net exchange position</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">48,679</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">Dollar</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;3,164</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">63,242</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;126,486</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">Net exchange position</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">10,138</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">Euro</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">89</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">16,165</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">32,330</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">Exchange rate swap Dollar x Euro&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">40,697</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">Dollar</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;5,264</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">50,134</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">78,337</TD></TR>
  </TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(*) The probable scenarios were calculated considering
the following variations for risks: Real x Dollar - devaluation of the Real by 1.25% / Real x Euro - devaluation of the Real by 0.14%
/ Euro x Dollar - appreciation of Euro by 1.20%. Source: Central Bank of Brazil and European Central Bank quotations on 1/14/2021.</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Stock market price risks</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company is exposed to the risk of changes in
share prices due to investments valued at fair value through the result that are quoted based on the market price at B3.</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Sensitivity analysis for stock price risks</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">We present below the sensitivity analysis for share
price risks. The Company considered scenarios 1 and 2 to be 25% and 50% devaluation in the share price using the closing price on December
31, 2020 as a reference. The probable scenario considered a 5% devaluation in the share price.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The effects on the result, considering the probable
scenarios, 1 and 2 are shown below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2020</TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: left; background-color: white; width: 28%">Class of shares</TD>
    <TD STYLE="vertical-align: bottom; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: left; background-color: white; width: 23%">Probable scenario</TD>
    <TD STYLE="vertical-align: middle; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: left; background-color: white; width: 23%">Scenario 1</TD>
    <TD STYLE="vertical-align: middle; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: left; background-color: white; width: 23%">Scenario 2</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="vertical-align: top; text-align: left">&nbsp;USIM3&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(84,064)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(420,322)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(840,644)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: left">&nbsp;USIM5&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(81,191)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(405,955)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(811,910)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="vertical-align: top; text-align: left">&nbsp;PATI3&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(2,994)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(14,970)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(29,940)</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 21.3pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Interest rate risk:</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">This risk arises from financial investments, borrowings
and financing and debentures linked to the fixed and floating interest rates of the CDI, TJLP and Libor, exposing these financial assets
and liabilities to interest rate fluctuations as shown in the sensitivity analysis table below.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Sensitivity analysis of changes in interest
rates</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">We present below the sensitivity analysis for interest
rate risks. The Company considered scenarios 1 and 2 to be 25% and 50% deterioration for interest rate volatility using the closing rate
as of December 31, 2020 as a reference.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The interest rates used in the sensitivity analysis
and their respective scenarios are shown below:</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 171 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->40<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-size: 10pt; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; vertical-align: middle; text-align: left; width: 36%">Interest</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif; vertical-align: middle; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; vertical-align: middle; text-align: left; width: 20%">Interest Rate</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 20%">Scenario 1</TD>
    <TD STYLE="font-size: 10pt; vertical-align: middle; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 20%">Scenario 2</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">CDI</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1.90%</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">2.38%</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">2.85%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">TJLP</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">4.55%</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">5.69%</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">6.38%</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">LIBOR</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">0.26%</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">0.32%</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">0.39%</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The effects on the result, considering scenarios 1 and
2 are shown below:</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="font-size: 10pt; vertical-align: bottom; width: 22%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom; width: 12%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom; width: 12%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom; width: 12%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom; width: 12%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; width: 12%">Consolidated</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">Impact on profit or loss</TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: left">Changes in interest rates</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">% p.a</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">Assets</TD>
    <TD STYLE="font-family: Calibri, Helvetica, Sans-Serif; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">Liabilities</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center">Probable scenario (*)<BR></TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Scenario 1</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-size: 10pt; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Scenario 2</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">CDI</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;1.90</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;5,779,452</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(9,104,416)</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(10,673)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(15,794)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(31,588)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">TJLP</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;4.55</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(817,374)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(2,155)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(9,298)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(18,596)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Libor</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;0.26</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(4,533,341)</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(43,321)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(2,920)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(5,840)</TD></TR>
  </TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(*) The sensitivity analysis is based on the premise
of maintaining the market values as of December 31, 2020 as a probable scenario recorded in the company&#8217;s assets and liabilities.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 21.3pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Market price risk:</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company is also exposed to market risks related
to the volatility of commodity prices. In line with its risk management policy, risk mitigation strategies involving commodities can be
used to reduce cash flow volatility. These mitigation strategies may incorporate derivative instruments, predominantly forward transactions,
futures and options.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Sensitivity analysis for price risks &#8220;<I>Platts
index&#8221;</I></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Below we present the sensitivity analysis for price
risks. The Company considered scenarios 1 and 2 to be 25% and 50% increase in the index <I>&#8220;Platts&#8221;</I> using the closing
price as of December 31, 2020 as a reference.</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The effects on the result, considering scenarios 1 and
2 are shown below:</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">12/31/2020</TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 37%">&nbsp;Maturity&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center; width: 20%">&nbsp;Probable scenario (*) R$<BR>
&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 20%">&nbsp;Scenario 1 R$&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 20%">&nbsp;Scenario 2 R$&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: left">2/2/2021</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(33,677)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(120,262)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(240,524)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">3/2/2021</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(43,144)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(127,915)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(255,830)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(76,821)</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">(248,177)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;(496,354)</TD></TR>
  </TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(*) The probable scenario was calculated considering
the quotation of &#8220;<I>Platts</I>&#8221; on 1/14/2021 for the maturities of 2/2/2021 and 3/2/2021. Source: Bloomberg.</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In item 14.b), we show derivatives and hedging
strategies to hedge against exchange and price risks and hedge price risk <I>Platts.</I></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">14.b)</TD><TD STYLE="text-align: justify">Instruments protection: Derivatives and <I>Hedge accounting</I> cash flow and <I>net </I>investment hedge
in foreign subsidiaries</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">CSN uses instruments to hedge against exchange
rate risk, price risk <I>Platts</I> and interest rate risk, as shown in the following topics:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Symbol">&middot; </FONT> <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Derivative
financial instruments portfolio position</B></FONT></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><I>Swap</I> exchange rate Dollar x Euro</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The subsidiary Lusosider has derivative transactions
to hedge its dollar exposure against the euro.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 172 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->41<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0"><I>Swap</I> exchange rate GBP (British Pound) x Euro</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The subsidiary Lusosider had derivative transactions
to hedge its GBP exposure against the euro, it was settled in the third quarter of 2020.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><I>Swap</I> exchange rate CDI x Dollar</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company has derivative transactions with Banco
Bradesco to protect its debt in NCE raised in September 2019 with maturity in October 2023 in the amount of US$67 million (equivalent
to R$278 million) at a cost compatible with that usually practiced by the Company.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</p>
<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 8pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; width: 24%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 17%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 8%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 8%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right; width: 8%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; width: 10%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt">12/31/2020</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Appreciation (R$)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Fair value (market)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Impact on financial income (expenses) in 2020</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Counterparties</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Maturity</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Functional Currency</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Notional amount</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Asset position</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Liability position</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Amounts receivable / (payable)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D9E1F2">
    <TD STYLE="text-align: left">Exchange rate swap Dollar x Euro&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">04/26/2021 to 06/08/2021</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">Dollar</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;17,377</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;90,315</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(93,823)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(3,508)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(4,749)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Exchange rate swap Dollar x Euro&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">01/06/2021 a 06/11/2021</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">Dollar</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;23,320</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">121,207</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(125,528)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(4,321)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(4,321)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D9E1F2">
    <TD STYLE="font-weight: bold; font-style: italic; text-align: left">Total dollar-to-euro swap</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;40,697</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">211,522</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(219,351)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(7,829)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;(9,070)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D9E1F2">
    <TD STYLE="font-style: italic; text-align: left">Exchange rate swap GBP x Euro&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">Settled</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">GBP</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">3,956</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(602)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="3" STYLE="font-weight: bold; font-style: italic; text-align: left">Total Swap GBP x Euro</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">3,956</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;(602)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D9E1F2">
    <TD STYLE="font-style: italic; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-style: italic; text-align: left">Exchange rate swap CDI x Dollar&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">02/10/2023</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">Dollar</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(67,000)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">289,544</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(387,079)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(97,535)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(106,143)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D9E1F2">
    <TD STYLE="font-weight: bold; font-style: italic; text-align: left">Total Swap CDI x dollar</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(67,000)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">289,544</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(387,079)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;(97,535)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(106,143)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-style: italic; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #D9E1F2">
    <TD COLSPAN="5" STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">501,066</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(606,430)</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(105,364)</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">(115,815)</TD></TR>
  </TABLE>
<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-style: normal; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Cash flow hedge accounting</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Foreign exchange hedge accounting</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company formally designates relations of <I>hedge</I>
of cash flows to protect highly probable future flows exposed to the dollar related to sales made in dollars.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">With the objective of better reflecting the accounting
effects of the <I>hedge</I> exchange rate in the result, CSN designated part of its dollar liabilities as an instrument of <I>hedge</I>
future exports. As a result, the exchange rate variation resulting from the designated liabilities will be transiently recorded in shareholders&#8217;
equity and will be reflected in the income statement when said exports occur, thus allowing the recognition of dollar fluctuations on
liabilities and on exports to be recorded at the same time. It is noteworthy that the adoption of this accounting <I>hedge</I> it does
not imply the contracting of any financial instrument.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The table below presents a summary of the relations
of <I>hedge</I> as of December 31, 2020:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 173 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->42<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 10%">12/31/2020</TD></TR>
  <TR>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Designation Date</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Hedging Instrument</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Hedged item</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Type of hedged risk</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Hedged period</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Exchange rate on designation</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Designated amounts (US$&rsquo;000)</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Amortizated part (USD'000)</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Effect on Result (*) (R$'000)</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Impact on Shareholders' equity (R$'000)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: center">12/18/2014</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Export prepayments in US$ to third parties</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Part of the highly probable future monthly iron ore exports</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Foreign exchange - R$ vs. US$ spot rate</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;May 2020&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">2.6805</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;30,000</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(30,000)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(82,374)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;&nbsp;-</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: center">12/18/2014</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Export prepayments in US$ to third parties</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Part of the highly probable future monthly iron ore exports</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Foreign exchange - R$ vs. US$ spot rate</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;May 2020&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">2.678</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;35,000</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(35,000)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(96,190)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;&nbsp;-</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: center">12/18/2014</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Export prepayments in US$ to third parties</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Part of the highly probable future monthly iron ore exports</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Foreign exchange - R$ vs. US$ spot rate</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;May 2020&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">2.676</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;35,000</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(35,000)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(96,261)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;&nbsp;-</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: center">07/21/2015</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Export prepayments in US$ to third parties</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Part of the highly probable future monthly iron ore exports</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Foreign exchange - R$ vs. US$ spot rate</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;July 2019 - March 2021&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">3.1813</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;60,000</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(45,000)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(58,475)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(30,231)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: center">07/23/2015</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Export prepayments in US$ to third parties</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Part of the highly probable future monthly iron ore exports</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Foreign exchange - R$ vs. US$ spot rate</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;July 2019 - March 2021&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">3.285</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;100,000</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(75,000)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(92,026)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(47,793)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: center">07/23/2015</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Export prepayments in US$ to third parties</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Part of the highly probable future monthly iron ore exports</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Foreign exchange - R$ vs. US$ spot rate</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;August 2018 - October 2022&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">3.285</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;30,000</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(18,000)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(14,185)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(22,940)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: center">07/24/2015</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Export prepayments in US$ to third parties</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Part of the highly probable future monthly iron ore exports</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Foreign exchange - R$ vs. US$ spot rate</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;August 2018 - October 2022&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">3.3254</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;100,000</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(60,000)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(46,474)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(74,852)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: center">07/27/2015</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Export prepayments in US$ to third parties</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Part of the highly probable future monthly iron ore exports</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Foreign exchange - R$ vs. US$ spot rate</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;August 2018 - October 2022&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">3.3557</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;25,000</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(15,000)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(11,467)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(18,410)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: center">07/27/2015</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Export prepayments in US$ to third parties</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Part of the highly probable future monthly iron ore exports</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Foreign exchange - R$ vs. US$ spot rate</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;August 2018 - October 2022&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">3.3557</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;70,000</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(42,000)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(32,108)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(51,548)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: center">07/27/2015</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Export prepayments in US$ to third parties</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Part of the highly probable future monthly iron ore exports</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Foreign exchange - R$ vs. US$ spot rate</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;August 2018 - October 2022&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">3.3557</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;30,000</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(18,000)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(13,760)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(22,092)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: center">07/28/2015</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Export prepayments in US$ to third parties</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Part of the highly probable future monthly iron ore exports</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Foreign exchange - R$ vs. US$ spot rate</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;August 2018 - October 2022&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">3.3815</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;30,000</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(18,000)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(13,605)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(21,782)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: center">3/8/2015</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Export prepayments in US$ to third parties</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Part of the highly probable future monthly iron ore exports</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Foreign exchange - R$ vs. US$ spot rate</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;July 2018 - October 2022&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">3.394</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;355,000</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(276,500)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(338,777)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(141,512)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: center">2/4/2018</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Bonds</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Part of the highly probable future monthly iron ore exports</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Foreign exchange - R$ vs. US$ spot rate</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;July 2018 - February 2023&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">3.3104</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;1,170,045</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(820,045)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(306,189)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(660,205)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: center">07/31/2019</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Bonds and Export prepayments in US$ to third parties</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Part of the highly probable future monthly iron ore exports</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Foreign exchange - R$ vs. US$ spot rate</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;January 2020 - April 2026&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">3.7649</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;1,342,761</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(247,061)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(329,966)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(1,568,823)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: center">10/1/2020</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Bonds without express maturity and Export prepayments in US$ to third parties</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Part of the highly probable future monthly iron ore exports</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Foreign exchange - R$ vs. US$ spot rate</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;March 2020 - December 2050&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">4.0745</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;1,416,000</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(102,000)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(136,029)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(1,474,571)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: center">01/28/2020</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Bonds</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Part of the highly probable future monthly iron ore exports</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Foreign exchange - R$ vs. US$ spot rate</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;March 2017 - January 2028&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">4.2064</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;1,000,000</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;-</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(990,299)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: center">Total</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;5,828,806</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;(1,836,606)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;(1,667,886)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(5,125,058)</TD></TR>
  </TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(*) On December 31, 2020, the amount of (R$1,667,886)
was recorded in Other Operating Expenses. As of December 31, 2019, (R$790,353).</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="line-height: 115%">In the hedging
relationships described above, the amounts of the debt instruments were fully designated for equivalent iron ore export portions</FONT>.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="line-height: 115%">The changes in
the hedge accounting amounts recognized in shareholders&#8217; equity as of December 31, 2020 are as follows</FONT> :</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 33%">&nbsp;</TD>
    <TD STYLE="width: 16%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 16%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 16%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Movement</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Realization</TD>
    <TD STYLE="border-top: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Cash flow hedge accounting</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,255,770</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,537,174</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,667,886)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,125,058</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The realization of <I>Hedge accounting</I> cash
flow is recognized in Other operating income and expenses, note 27.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">As of December 31, 2020, the hedging relationships
established by the Company were effective according to the retrospective and prospective tests performed. Thus, no reversal for hedge
accounting ineffectiveness was recognized.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0">Cash flow hedge accounting - &#8220;Platts&#8221; index</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company has iron ore derivative instruments,
entered into by its subsidiary CSN Minera&ccedil;&atilde;o S.A., in order to reduce the volatility of its exposure to the commodity.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 174 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->43<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company formally designated the hedge relationship
and, consequently, applied the hedge accounting with the derivative instrument designated as hedging instrument and the Platts index applicable
to a portion of its highly probable future sales of iron ore was designated as the hedged item. Accordingly, fluctuations of the &#8220;<I>Platts</I>&#8221;
index will be initially recorded in the shareholders&#8217; equity as Other Comprehensive Income, and will be reclassified to the income
statement when the referred sales occur.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The table below shows the result of the derivative
instrument on December 31, 2020 recognized in Other Comprehensive Income and, when carrying out shipments, the amount reclassified to
Other Operating Income and Expenses:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><B><I></I></B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; width: 19%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%">12/31/2020</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right; width: 13%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 13%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 10%">12/31/2020</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;Appreciation (R$)&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;Fair value (market)&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;Other income and expenses&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">&nbsp;Other comprehensive income&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;Exchange variation&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;Maturity&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;Notional&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;Asset position&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;Liability position&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;Amounts receivable / (payable)&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">09/02/2020 (Settled)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;Platts&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(31,678)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(136)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">10/02/2020 (Settled)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;Platts&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(132,997)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(9,051)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">11/04/2020 (Settled)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;Platts&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(85,164)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(7,301)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">12/02/2020 (Settled)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;Platts&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(33,310)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;52</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">2/2/2021</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;Platts&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">486,852</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(493,925)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(7,073)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(6,888)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(185)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">2/3/2021</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;Platts&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">527,684</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(521,504)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">6,180</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;6,063</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">117</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">1,014,536</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;(1,015,429)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(893)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(283,149)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">(825)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">(16,504)</TD></TR>
  </TABLE>
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><B><I></I></B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 9pt/115% Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The change in the amounts related to cash flow
hedge accounting - &#8220;Platts&#8221; index recorded in shareholders&#8217; equity on December 31, 2020 is shown as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 49%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; width: 12%">12/31/2019</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; width: 12%">Movement</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; width: 12%">Realization</TD>
    <TD STYLE="border-top: Black 0.5pt solid; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; width: 12%">12/31/2020</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Cash flow hedge accounting&nbsp;&nbsp;&ndash;&nbsp;&nbsp;&ldquo;Platts&rdquo;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;283,974</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(283,149)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;825</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;Income tax and social contribution on cash flow hedge accounting</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(96,551)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;96,271</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(280)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: bottom">Fair Value of cash flow accounting - Platts, net</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;187,423</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(186,878)</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;545</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Cash flow hedge accounting - index <I>&#8220;Platts&#8221;
</I>has been fully effective since the inception of the derivative instruments.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company prepares formal documentation indicating
how the designation of the <I>hedge accounting</I> cash flow - &#8220;Platts&#8221; index is aligned with CSN&#8217;s risk management
objective and strategy, identifying the hedging instruments used, the hedged item, the nature of the risk to be hedged and demonstrating
the effectiveness of the hedge relationships, debt instruments and iron ore derivative instruments (index <I>&#8220;Platts&#8221;</I>)
in amounts equivalent to the portion of future sales, comparing the designated amounts with the expected values in accordance with its
budgets.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company adopts the hedge accounting and designates
certain financial liabilities as hedging instruments for foreign exchange commodity price risks (&#8220;Platts&#8221; index) associated
with expected cash flows from highly probable exports (cash flow hedge).</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company documents, at the beginning of the
operation, the relationships between hedging instruments and hedged items as well as the objectives of risk management and the strategy
for carrying out these hedging relationships. In addition, we document our assessment at the beginning of the hedging relationship, as
well as during the life of the hedge to monitor the hedge effectiveness.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The amounts accumulated in net equity are realized
to the operating results in the periods the forecasted exports affect the result.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 175 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->44<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">When a hedge instrument expires or is settled in
advance, or the hedge relationship no longer meets the <I>Hedge Accounting</I> or even when management decides to discontinue the hedging
relationship<I>,</I> any accumulated gain or loss existing in net equity remains recorded in equity and, therefrom exchange rate changes
are recorded in the financial results. When a forecast operation is no longer expected to occur, the cumulative gain or loss that had
been previously recorded in shareholders&#8217; equity is immediately transferred to the income statement under &#8220;Other Operating
Income and Expense&#8221;.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-style: normal; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Net investment hedge in foreign subsidiaries</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif">CSN
has a natural foreign exchange exposure in Euros substantially arising from a loan made by a foreign subsidiary with functional currency
in Reais, for the acquisition of investments abroad whose functional currency is Euro. Such exposure arises from </FONT>transla<FONT STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif">ting
the balance sheets of these subsidiaries for consolidation in CSN, and the exchange rate of the loans affected the income statement in
the financial result item and the exchange variation of the net assets of the foreign operation directly affected the equity in other
comprehensive income.</FONT></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In order to eliminate this exposure and cover future
fluctuations in the Euro on these loans, non-derivative financial liabilities were designated, represented by loan contracts with financial
institutions in the amount of &#8364; 120 million which matured on January 31, 2020, when was settled financially.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 17%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 27%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 13%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">12/31/2020</TD></TR>
  <TR>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Designation Date</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Hedging Instrument</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Hedged item</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Type of hedged risk</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Exchange rate on designation</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Designated amounts (EUR'000)</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Impact on shareholders' equity</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: center">09/30/2015</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Non-derivative financial liabilities in EUR &ndash; Debt contract</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Investments in subsidiaries which EUR is the functional currency</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Foreign exchange - R$ vs. EUR spot rate</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">4.0825</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120,000</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6,293</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: center">Total</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120,000</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6,293</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company designates for the <I>hedge</I> of
net investment a portion of its financial liabilities as an instrument of <I>hedge</I> of its investments abroad with a functional currency
other than the Group&#8217;s currency in accordance with IAS39. This relationship occurs because financial liabilities are related to
investments in the amounts necessary for the effective relationship.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company documents, at the beginning of the
operation, the relationships between the <I>hedge</I> and objects protected by <I>hedge</I>, as well as the objectives of risk management
and the strategy for carrying out credit operations. <I>hedge</I>. The Company also documents its assessment, both at the beginning of
the <I>hedge</I> as on a continuous basis, that the operations of <I>hedge</I> are highly effective in compensating for variations in
items protected by <I>hedge</I>.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The effective part of the changes in the fair value
of the financial liabilities designated and qualified as <I>hedge</I> of net investment is recognized in shareholders&#8217; equity, under
the caption <I>Hedge Accounting</I>. Gains or losses related to the ineffective part are recognized in Other Operating Income and Expense,
when applicable. If at any point of the hedge relationship the debt balance is higher than the investment balance, the exchange variation
on the excess debt will be reclassified to the income statement as other operating income / expenses (ineffectiveness of the <I>hedge</I>).</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The amounts accumulated in net equity will be realized
in the income statement upon a total or partial sale of the foreign operation.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Classification of derivatives in the balance sheet and income</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 18pt; text-align: justify"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 176 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->45<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 23%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 10%">12/31/2020</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 10%">12/31/2019</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Instruments</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Liabilities</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center">Other operating income expenses</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center">Other comprehensive income</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" ROWSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: black 0.5pt solid; text-align: center">Financial income (expenses), net (note 28)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Current</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Non-current</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Total</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-style: italic; text-align: left">Exchange rate swap Dollar x Euro&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7,829)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7,829)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9,070)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;783</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-style: italic; text-align: left">Exchange rate swap GBP x Euro&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(602)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-style: italic; text-align: left">Exchange rate swap CDI x Dollar&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(97,535)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(97,535)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(106,143)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4,203</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-style: italic; text-align: left">Iron ore derivative</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(893)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(893)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(283,149)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(825)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16,504)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8,722)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(97,535)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;(106,257)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(283,149)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(825)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(132,319)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4,986</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">14.c)</TD><TD STYLE="text-align: justify">Liquidity risk</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">It is the risk that the Company may not have sufficient
net funds to settle its financial commitments, as a result of the mismatch of term or volume between expected receipts and payments.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Future receipt and payment premises are established
to manage cash liquidity in domestic and foreign currencies, which are monitored on a day-to-day basis by the Treasury Department. The
payment schedules for long-term installments of borrowings and financing and debentures are presented in note 13.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The following are the contractual maturities of
financial liabilities including interest.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 36%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 12%">Consolidated</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: justify">At December 31, 2020</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">Less than one year</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center">From one to two years</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center">From two to five years</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center">Over five years</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">Total</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="border-top: Black 0.5pt solid">Borrowings, financing and debentures (note 13)</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4,155,483</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14,146,118</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4,671,511</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12,397,499</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35,370,611</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Lease Liabilities (note 16)</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93,626</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;143,227</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;115,398</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177,880</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530,131</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Derivative financial instruments (note 14 I)</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8,722</TD>
    <TD STYLE="color: red; text-align: left">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="color: red; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;97,535</TD>
    <TD STYLE="color: red; text-align: left">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106,257</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Trade payables (note 17)</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4,819,539</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;528,551</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14,976</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,363,066</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Trade payables &ndash; Drawee risk (note 14 I)</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;623,861</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;623,861</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Dividends and interest on equity (note 15)</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;946,133</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;946,133</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Total</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10,647,364</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14,817,896</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4,899,420</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12,575,379</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42,940,059</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">IV - Fair values of assets and liabilities
in relation to the book value</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Financial assets and liabilities measured at fair
value through profit or loss are recorded in current and non-current assets and liabilities and gains and losses are recorded as financial
income and expenses, respectively.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The amounts are recorded in the financial statements
at their amortized cost, which are substantially similar to those that would be obtained if they were traded on the market. The fair values
of other long-term assets and liabilities do not differ significantly from their book values, except for the amounts below.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The estimated fair value for certain consolidated
long-term borrowings and financing was calculated at current market rates, considering the nature, term and risks similar to those of
the registered contracts, as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 49%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; width: 12%">12/31/2020</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; width: 12%">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Closing Balance</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Fair value</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Closing Balance</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Fair value</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Perpetual bonds</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,203,773</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,157,465</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4,036,186</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,706,553</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Fixed Rate Notes</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15,067,341</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15,744,067</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8,090,297</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8,345,471</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Source: Bloomberg</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">14.d)</TD><TD STYLE="text-align: justify">Credit risk</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The exposure to credit risks of financial institutions
complies with the parameters established in the financial policy. The Company practices a detailed analysis of the financial position
of its customers and suppliers, the determination of a credit limit and the permanent monitoring of its outstanding balance.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 177 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->46<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">With respect to financial investments, the Company
only invests in institutions with low credit risk assessed by credit rating agencies. Since part of the funds is invested in repo operations
that are backed by Brazilian government bonds, there is also exposure to the credit risk of the country.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">As for the exposure to credit risk in accounts
receivable and other receivables, the Company has a credit risk committee, in which each new customer is analyzed individually regarding
their financial condition, before granting the credit limit and payment terms, and periodically reviewed based on procedures and circumstances
of each business area.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">14.e)</TD><TD STYLE="text-align: justify">Capital management</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company seeks to optimize its capital structure
in order to reduce its financial costs and maximize the return to its shareholders. The table below shows the evolution of the Company&#8217;s
consolidated capital structure, with financing by equity and third-party capital:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; width: 68%">Thousands of reais</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 15%">12/31/2020</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 15%">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Shareholder's equity (equity)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11,251,505</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11,361,932</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Borrowings and Financing (Third-party capital)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35,270,653</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27,967,036</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Gross Debit/Shareholder's equity</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.46</TD></TR>
  </TABLE>



<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company&#8217;s financial instruments are classified
according to the definition of the business model adopted by the Company and the characteristics of the cash flow, in the case of financial
assets.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Upon initial recognition, financial assets can
be classified into three categories: assets measured at amortization cost, fair value through profit or loss and fair value through other
comprehensive income.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Financial assets are derecognized when the rights
to receive cash flows of the investments have expired or been transferred; in the latter case, provided that the Company has substantially
transferred all risks and benefits of the property.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">If the company substantially holds all the risks
and rewards of ownership of the financial asset, it must continue to recognize the financial asset.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Financial liabilities are classified as amortized
cost or fair value through profit or loss. Management determines the classification of its financial assets and liabilities upon initial
recognition.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Financial liabilities are derecognized only when
they are extinguished, that is, when the obligation specified in the contract is settled, canceled or expires. The Company also derecognizes
a financial liability when the terms are modified and the cash flows of the modified liability are substantially different, in which case
a new financial liability based on the modified terms is recognized at fair value.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Financial assets and liabilities are offset and
the net amount is reported in the balance sheet when there is a legally enforceable right to offset the recognized amounts and there is
an intention to settle them on a net basis, or realize the asset and settle the liability simultaneously.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Derivative Financial Instruments and Hedging
Activities</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Initially, derivatives are recognized at fair value
on the date that a derivative contract is entered into and are subsequently measured at fair value with the changes recorded in the income
statement in the caption Financial Result in the income statement, unless a hedge designation is not formally applied.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">15.</TD><TD STYLE="text-align: justify">OTHER PAYABLES</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The other obligations classified in current and
non-current liabilities have the following composition:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 178 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->47<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.85pt; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD>&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Current</TD>
    <TD COLSPAN="3" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Non-current</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right">12/31/2019</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Payables to related parties (note 22 b)</TD>
    <TD STYLE="text-align: right">70,458</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">46,063</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">78,083</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">88,021</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Derivative financial instruments (note 14 I)</TD>
    <TD STYLE="text-align: right">8,722</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">97,535</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Dividends and interest on capital (note 14 I)</TD>
    <TD STYLE="text-align: right">946,133</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">13,252</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Advances from customers <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right">1,100,772</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">787,604</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,725,838</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,845,248</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Taxes in installments</TD>
    <TD STYLE="text-align: right">45,331</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">19,498</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">160,247</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">67,727</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Profit sharing - employees</TD>
    <TD STYLE="text-align: right">150,341</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">162,866</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Taxes payable</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">38,493</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">8,805</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Provision for consumption and services</TD>
    <TD STYLE="text-align: right">175,242</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">204,299</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Third party materials in our possession</TD>
    <TD STYLE="text-align: right">84,832</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">78,820</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Trade payables - Drawee Risk (note 17)</TD>
    <TD STYLE="text-align: right">623,861</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,121,312</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Trade payables (note 17)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">543,527</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Lease Liabilities (note 16)</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93,626</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35,040</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">436,505</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">439,350</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Other payables</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58,321</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57,690</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">65,108</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">44,551</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">3,357,639</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">2,526,444</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">3,145,336</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">2,493,702</TD></TR>
  </TABLE>

<P STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.85pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.85pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font-size: 7pt; line-height: 115%">1.</FONT></TD><TD STYLE="text-align: justify">Advances from customers: During 2019, the subsidiary CSN Minera&ccedil;&atilde;o entered into an agreement
with a major international player for the supply of approximately 22 million tons of iron ore and an additional supply of 11 million tons
of iron ore. Accordingly, CSN Minera&ccedil;&atilde;o S.A. received in advance the amounts of US$496 million (R$1,951,303) and US$250
million (R$956,440) on March 29, 2019 and August 5, 2019, respectively. The term for the execution of the contracted volumes is 5 years.
Finally, on September 16, 2019, the parties again amended the contract to adjust the delivery conditions for iron ore. In July 2020, the
subsidiary concluded the contract for the additional supply of approximately 4 million tons of iron ore, which was received in advance,
on August 28, 2020, the amount of US$115 million (R$629 million). The term for the execution of the contract is 3 years.</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">16.</TD><TD STYLE="text-align: justify">LEASES</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 18pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">Lease liabilities are
shown below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #333333; width: 69%">&nbsp;</TD>
    <TD STYLE="color: #333333; width: 15%">&nbsp;</TD>
    <TD STYLE="color: #333333; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 15%">Consolidated</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Leases</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,623,523</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,501,960</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Present value adjustment - Leases</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,093,392)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,027,570)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530,131</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474,390</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Classified:</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Current</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93,626</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35,040</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Non-current</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;436,505</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;439,350</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530,131</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474,390</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company adopted IFRS 16 as of January 1,
2019, using the modified retrospective approach that does not require the presentation of comparative balances. As a result of adopting
IFRS 16, the Company changed the accounting policy for lease agreements.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">The Company has lease
agreements for port terminals in Itagua&iacute;, the Solid Bulk Terminal - TECAR, used for loading and unloading coal and iron ores and
the Container Terminal - TECON, with remaining terms of 27 and 31 years, respectively, and lease agreement for railway operation using
the Northeast network with a remaining term of 7 years.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">Additionally, the Company
has property lease agreements, used as operational facilities and administrative and sales offices, in several locations where the Company
operates, with remaining terms of 2, 5 and 15 years.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">CSN also has lease contracts
for operating equipment, used in mining operations and in the steel industry, with terms of 2 to 5 years.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>


<!-- Field: Page; Sequence: 179 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->48<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">The present value of future
obligations was measured using the implicit rate observed in the contracts and for contracts that did not have a rate, the Company applied
the incremental rate of loans - IBR, both in nominal terms.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">The incremental loan rate
- IBR was acquired through consultation with the Company&#8217;s relationship banks according to the average term of the contracts, according
to the guidelines of Official Letter / CVM / SNC / SEP No. 02/2019.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">The average incremental
rate used to measure lease and use liabilities over the term of the five-year contract is 8.28%</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">The movement of lease
liabilities is shown in the table below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: middle; width: 69%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; width: 15%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; width: 15%">Consolidated</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-top-color: Black; border-top-width: 0.5pt">12/31/2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-top-color: Black; border-top-width: 0.5pt">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Opening balance</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474,390</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;640,989</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>New leases</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52,835</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106,584</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Present Value Adjustments - New leases</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6,511)</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(54,080)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Contract review</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63,250</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(175,609)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Write-off</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7,757)</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,374)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Payments</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(103,648)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(94,727)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Interest appropriated</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;54,236</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52,607</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Exchange variation</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,336</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double">Net balance</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530,131</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474,390</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">The estimated future
minimum payments for the lease agreements include variable payments, fixed in essence when based on minimum performance and contractually
fixed rates.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">As of December 31, 2020
are the following:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="color: #333333; vertical-align: middle; width: 49%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; width: 12%">Consolidated</TD></TR>
  <TR>
    <TD STYLE="color: #333333; vertical-align: middle">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: bottom; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Less than one year</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: bottom; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Between one and five years</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: bottom; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Over five years</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Total</TD></TR>
  <TR>
    <TD STYLE="color: #333333; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Leases</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98,788</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;368,659</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,156,076</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,623,523</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Present value adjustment - Leases</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5,162)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(110,034)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(978,196)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,093,392)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93,626</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258,625</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177,880</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530,131</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white"></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 2.85pt"></TD><TD STYLE="width: 22.65pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD>Recoverable PIS / COFINS</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">Lease liabilities were
measured at the amount of consideration with suppliers, that is, without considering the tax credits incurred after payment. The potential
right of PIS and COFINS embedded in the lease liability is shown below.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="color: #333333; vertical-align: middle; width: 69%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; width: 15%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; width: 15%">Consolidated</TD></TR>
  <TR>
    <TD STYLE="color: #333333; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-top-color: Black; border-top-width: 0.5pt">12/31/2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; border-top-color: Black; border-top-width: 0.5pt">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Leases</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,603,100</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,489,789</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Present value adjustment - Leases</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,091,275)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,026,919)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Potencial PIS and COFINS credit</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148,287</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137,805</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Present value adjustment &ndash; Potential PIS and COFINS credit</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(100,943)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(96,461)</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white"></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 2.85pt"></TD><TD STYLE="width: 22.65pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD>Lease payments not recognized as a liability:</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; background-color: white">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">The Company chose not
to recognize lease liabilities in contracts with a term of less than 12 months and for low value assets. Payments made for these contracts
are recognized as expenses when incurred.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">The Company has contracts
for the right to use ports (TECAR) and railways (FTL) which, even if they establish minimum performance, it is not possible to determine
its cash flow since these payments are fully variable and will only be known when they occur. In such cases, payments will be recognized
as expenses when incurred.</P>


<!-- Field: Page; Sequence: 180 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->49<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/115% Courier New, Courier, Monospace; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">The expenses related to
payments not included in the measurement of the lease liability during the year are:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 69%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 15%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 15%">Consolidated</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2020</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>&nbsp;Contract less than 12 months&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;549</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10,819</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;Lower Assets value&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9,563</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,853</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>&nbsp;Variable lease payments&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270,449</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177,460</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280,561</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192,132</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In accordance with the guidelines of IFRS 16,
the Company uses the discounted cash flow technique to measure and remeasured liabilities and use rights, without considering the projected
inflation in the flows to be discounted.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Considering Circular Letter / CVM / SNC / SEP No.
02/2019, the Company discloses below the comparative balances of lease liabilities, right to use, financial expenses and depreciation
expenses with the use of rates in real terms to discount a present value of flows also in real terms.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: white">
    <TD STYLE="color: #333333; vertical-align: middle; width: 49%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font: 10pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: left; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font: 10pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: left; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; color: #333333; vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; color: #333333; vertical-align: middle; text-align: center; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; color: #333333; vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; width: 12%">Consolidated</TD></TR>
  <TR>
    <TD STYLE="color: #333333; font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; padding-left: 36px; vertical-align: bottom; text-align: left; background-color: white">&nbsp;</TD>
    <TD STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; padding-left: 36px; vertical-align: bottom; text-align: left; background-color: white">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; background-color: white">12/31/2020</TD>
    <TD STYLE="color: #333333; vertical-align: middle; text-align: center; background-color: white">&nbsp;</TD>
    <TD STYLE="color: #333333; vertical-align: middle; text-align: center; background-color: white">&nbsp;</TD>
    <TD STYLE="color: #333333; vertical-align: middle; text-align: center; background-color: white">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; background-color: white">12/31/2019</TD></TR>
  <TR>
    <TD STYLE="color: #333333; font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Rate in nominal terms and actual flow</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Rate and actual flow in nominal terms</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Rate in nominal terms and actual flow</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Rate and actual flow in nominal terms</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="color: #333333">Lease Liability</TD>
    <TD STYLE="color: #333333; text-align: right">530,131</TD>
    <TD STYLE="color: #333333; text-align: center">&nbsp;</TD>
    <TD STYLE="color: #333333; text-align: right">&nbsp;595,193</TD>
    <TD STYLE="color: #333333; text-align: center">&nbsp;</TD>
    <TD STYLE="color: #333333; text-align: right">474,390</TD>
    <TD STYLE="color: #333333; text-align: center">&nbsp;</TD>
    <TD STYLE="color: #333333; text-align: right">579,390</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Right of net use</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">511,882</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;547,671</TD>
    <TD STYLE="color: #333333; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">472,345</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">567,905</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Financial expenses</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(50,513)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(63,744)</TD>
    <TD STYLE="color: #333333; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(49,118)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(57,556)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Depreciation&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(57,342)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(59,560)</TD>
    <TD STYLE="color: #333333; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(53,826)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(57,356)</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In order to measure the balances using the rate
in real terms, the inflation projection (IPCA) released by the Central Bank of Brazil was used.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">The Company analyzed CVM
Deliberation No. 859, of July 7, 2020, which alters IFRS 16 with guidelines for recognizing the possible impacts generated by contractual
changes as a result of COVID-19, however we do not have any material changes to the contracts current lease terms.</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">When entering into a contract, the Company assesses
whether the contract is, or contains, a lease. The lease is characterized by a lease or transmission of the right to use for a fixed period
in exchange for monthly payments. The leased asset must be clearly specified.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company determines in the initial recognition,
the lease term or non-cancellable term, which will be used in the measurement of the right to use and the lease liability. The lease term
will be reevaluated by the Company when a significant event or significant change occurs in the circumstances that are under the control
of the lessee and affects the non-cancellable term. The Company adopts exemption from recognition, as provided for in the standard, for
the lessee of contracts with terms of less than 12 (twelve) months, or whose underlying asset object of the contract is of low value.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">At inception, the Company recognizes the right
to use the asset and the lease liability at present value. The right-to-use asset should be measured at cost. The cost includes the lease
liability, upfront costs, advance payments, estimated costs to dismantle, remove or restore. The lease liability is measured at the present
value of the lease payments expected to be made during the life of the agreement, discounted at the implicit interest rate of the lease
or, if the rate is not determinable, an incremental rate will be used to determine the present value.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">For contracts that the Company determines the
business rate, it is understood that this rate is the rate implied in nominal terms and to which it is applied in discounting the flow
of future payments. In contracts with no rate definition, the Company applied the incremental loan rate, obtaining it through consultations
with banks where it has a relationship, adjusted for the inflation forecast for the coming years.</P>
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>


<!-- Field: Page; Sequence: 181 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->50<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">For the subsequent measurement, the cost method
to the right-of-use asset is used and, in depreciation, the requirements of IAS 16 - Property, Plant and Equipment are applied. However,
for the purpose of depreciation, the Company determines the use of the straight-line method based on the remaining useful life of the
assets or the term of the contract, whichever is the shorter.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The effects of PIS and COFINS recoverable generated
after the effective payment of the obligations will be recorded as a reduction of the depreciation expenses of the right to use and of
the financial expenses recognized monthly.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">IAS 36 - Impairment of Assets will also be applied
in order to determine whether the right-of-use asset has impairment problems and to account for any impairment loss identified.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">17.</TD><TD STYLE="text-align: justify">TRADE PAYABLES</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 17.85pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 53%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 15%">Consolidated</TD>
    </TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD COLSPAN="4" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Current</TD>
    <TD STYLE="font-weight: bold; text-align: center">Non-current</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right">12/31/2019</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    </TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Trade payables</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4,893,589</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,012,654</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;594,051</TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: middle">(-) Adjustment present value</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(74,050)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(50,524)</TD>
    </TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4,819,539</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,012,654</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;543,527</TD>
    </TR>
  </TABLE>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Trade payables are initially recognized at fair
value, and subsequently measured at amortized cost, using the effective interest rate method and adjusted to present value when applicable,
based on the estimated rate of the Company&#8217;s cost of capital.</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company classifies drawee risk operations with
suppliers in other liabilities as per note 15. These are negotiated with financial institutions, by which suppliers anticipate receivables
and, on the other hand, extend our payment terms. The effective prepayment of receivables depends on acceptance by the suppliers, given
that their participation is not mandatory. The Company is not reimbursed and / or benefited by the financial institution for discounts
for payment executed before the maturity date agreed with the supplier, there is no change in the degree of subordination of the security
in the event of judicial execution, nor changes in the existing commercial conditions between Company and its suppliers.</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">18.</TD><TD STYLE="text-align: justify">INCOME TAX AND SOCIAL CONTRIBUTIONS</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">18.a)Tax</TD><TD STYLE="text-align: justify">of income and social contribution recognized in profit or loss:</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The income tax and social contribution recognized
in net income for the year are as follows:</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #333333; width: 53%">&nbsp;</TD>
    <TD STYLE="color: #333333; width: 15%">&nbsp;</TD>
    <TD STYLE="color: #333333; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 15%">&nbsp;</TD>
    <TD STYLE="color: #333333; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 15%">Consolidated</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">12/31/2018</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD COLSPAN="4" STYLE="font-weight: bold">Income tax and social contribution income (expense)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 12px; text-align: left">Current</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2,052,204)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,564,622)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(827,229)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Deferred</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,426,696</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2,398,400</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;576,895</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(625,508)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;833,778</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(250,334)</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The reconciliation of income and social contribution
expenses and income of the consolidated and the product of the current tax rate on income before income tax and social contribution are
shown below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 182 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->51<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; color: #333333; width: 56%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; color: #333333; width: 14%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; color: #333333; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; width: 14%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; color: #333333; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 14%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">12/31/2020</TD>
    <TD STYLE="font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">12/31/2019</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2018</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Income before income tax and social contribution</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;4,918,126</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;1,410,733</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;5,450,917</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Tax rate</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">34%</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">34%</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">34%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Income tax and social contribution at combined statutory rate</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;(1,672,163)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;(479,649)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;(1,853,312)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Adjustment to reflect the effective rate:</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">Equity in results of affiliated companies</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">28,391</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">46,737</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">50,134</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">Profit with differentiated rates or untaxed</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(519,840)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(236,404)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(46,006)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">Transfer price adjustment</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(15,645)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(18,494)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(74,836)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Tax loss carryforwards without recognizing deferred taxes</TD>
    <TD STYLE="text-align: right">&nbsp;(27,758)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(21,095)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(27,683)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Indebtdness limit</TD>
    <TD STYLE="text-align: right">&nbsp;(25,087)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(20,393)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(38,486)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Unrecorded deferred taxes on temporary differences</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;5,142</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(2,835)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(11,964)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Reversal for deferred income tax and social contribution credit</TD>
    <TD STYLE="text-align: right">&nbsp;1,540,087</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,530,185</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,807,909</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Income taxes and social contribution on foreign profit</TD>
    <TD STYLE="text-align: right">&nbsp;(13,011)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(14,424)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(30,219)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Tax incentives</TD>
    <TD STYLE="text-align: right">64,818</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">39,042</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">36,710</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Deferred taxes on exchange variation in equity</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(43,667)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Interest on equity</TD>
    <TD STYLE="text-align: right">17,177</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">22,107</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Other permanent deductions (additions)</TD>
    <TD STYLE="text-align: right">(7,619)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(10,999)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(18,914)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Income tax and social contribution in net income for the year</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(625,508)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;833,778</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(250,334)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Effective tax rate</TD>
    <TD STYLE="font-weight: bold; text-align: right">13%</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">-59%</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">79%</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">18.b)Deferred</TD><TD STYLE="text-align: justify">income tax and social contribution</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Deferred income tax and social contribution balances
are as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 36%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; width: 7%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; width: 7%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 6%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 5%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 7%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 7%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 7%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">12/31/2018</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Movement</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">12/31/2019</TD>
    <TD STYLE="border-top: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Movement</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">12/31/2020</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Shareholders'<BR>
Equity</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">P&amp;L</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Others</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Shareholders'<BR>
Equity</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">P&amp;L</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Others</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">Deferred</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; text-align: left; background-color: white">Income tax losses</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;959,240</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;651,561</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;&nbsp;1,610,801</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;238,198</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,848,999</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Social contribution tax losses</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;367,358</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;242,688</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;610,046</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;78,162</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;688,208</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">Temporary differences</TD>
    <TD STYLE="font-weight: bold; text-align: right">(1,838,935)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(2,357)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;1,504,151</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">59</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(337,082)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(59,380)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;1,110,336</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">5,029</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;718,903</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">- Provision for tax. social security, labor, civil and environmental risks</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;334,380</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(70,367)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;264,013</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;15,136</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;279,149</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; text-align: left">- Asset impairment losses</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;181,516</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">915</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;182,431</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(26,444)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">5,029</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;161,016</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">- (Gains)/losses on financial instruments</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;359,776</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;54,719</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;414,495</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(409,468)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;5,027</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; text-align: left">- Actuarial liability (pension and healthcare plan)</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;276,032</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">38,569</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;314,601</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(44,732)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(7,412)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;262,457</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">- Accrued supplies and services</TD>
    <TD STYLE="text-align: right">&nbsp;95,644</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;36,767</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;132,411</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;22,041</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;154,452</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; text-align: left">- Unrealized exchange variation <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;1,010,532</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;170,969</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;1,181,501</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(29,175)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,152,326</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">- Gain upon loss of control in Transnordestina</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(92,180)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(92,180)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(92,180)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; text-align: left">- Cash flow hedge accounting</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;490,041</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(63,080)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;426,961</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,315,839</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,742,800</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">- Acquisition at fair value of SWT and CBL</TD>
    <TD STYLE="text-align: right">(172,114)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(52,071)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;39,672</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(184,513)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(57,651)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;30,149</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(212,015)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; text-align: left">- Deferred taxes not computed</TD>
    <TD STYLE="text-align: right">(252,940)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(39,021)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(291,961)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(25,966)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(317,927)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">- (Losses) estimated /reversals to deferred taxes credits</TD>
    <TD STYLE="text-align: right">(3,086,572)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">25,159</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;1,435,415</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(1,625,998)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(1,270,110)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;1,548,640</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,347,468)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; text-align: left">- Business Combination</TD>
    <TD STYLE="text-align: right">(1,030,812)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">7,471</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(1,023,341)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">8,292</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,015,049)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">- Consolidation of CBSI</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(12)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">62</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;50</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;50</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 24px; text-align: left">- Others</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;47,762</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">49,066</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">(132,377)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(3)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(35,552)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(2,726)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(15,457)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(53,735)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">Total</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">(512,337)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">(2,357)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;&nbsp;2,398,400</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">59</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;&nbsp;1,883,765</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">(59,380)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;&nbsp;1,426,696</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">5,029</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;3,256,110</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Total Deferred Assets</TD>
    <TD STYLE="text-align: right">&nbsp;89,394</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;2,473,304</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;3,874,946</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Total Deferred Liabilities</TD>
    <TD STYLE="text-align: right">(601,731)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(589,539)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(618,836)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">Total Deferred</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">(512,337)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;1,883,765</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;3,256,110</TD></TR>
  </TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(1) The Company taxes exchange variations on a
cash basis to calculate income tax and social contribution on net income.</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company has in its corporate structure subsidiaries
abroad, whose income are taxed by the income tax in the respective countries where they were constituted at rates lower than those in
force in Brazil. In the period between 2015 and 2020, these subsidiaries generated income in the amount of R$1,284,483. If the Brazilian
tax authorities understand that these profits are subject to additional taxation in Brazil for income tax and social contribution, these,
if due, would reach approximately R$412,420. The Company, based on the position of its legal advisors, assessed only the likelihood of
loss as possible in the event of possible tax questioning and, therefore, no provision was recognized in the financial statement.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In addition, management evaluated the precepts
of IFRIC 23 - &#8220;Uncertainty Over Income Tax Treatments&#8221; and considers that there are no reasons for the tax authorities to
differ from the tax positions adopted by the Company. Accordingly, no additional provisions for income tax and social contribution were
recognized as a result of the assessment of the application of IFRIC 23 in the financial statement at December 31, 2020.</P>


<!-- Field: Page; Sequence: 183 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->52<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">A sensitivity analysis of consumption of tax credits
was carried out considering a variation in macroeconomic assumptions, operating performance and liquidity events. Thus, considering the
results of the study carried out, which indicates that it is probable the existence of taxable profit to use the balance of deferred income
tax and social contribution.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The estimated recovery of deferred tax assets of
IRPJ and CSLL are netted when referring to a single jurisdiction as shown in the table below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left; width: 84%">In millions of reais</TD>
    <TD STYLE="font-weight: bold; text-align: center; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 15%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">2021</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">1,018</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">2022</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">1,315</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">2023</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">1,257</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">2024</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">495</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">2025</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">618</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Deferred asset</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">4,703</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Deferred liabilities - Parent Company</TD>
    <TD STYLE="border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;(828)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Net deferred asset</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">3,875</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Deferred liabilities - subsidiaries</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;(619)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Net deferred asset</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">3,256</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">18.c)Income</TD><TD STYLE="text-align: justify">tax and social contribution recognized in equity:</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 18pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Income tax and social contribution recognized directly
in equity are shown below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #333333; width: 73%">&nbsp;</TD>
    <TD STYLE="color: #333333; width: 13%">&nbsp;</TD>
    <TD STYLE="color: #333333; width: 1%">&nbsp;</TD>
    <TD STYLE="color: #333333; font-weight: bold; text-align: right; width: 13%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Income tax and social contribution</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Actuarial gains on defined benefit pension plan</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;170,604</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;215,306</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Estimated losses for deferred income and social contribution tax credits - actuarial gains</TD>
    <TD STYLE="text-align: right">(172,520)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(217,969)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Exchange differences on translating foreign operations&nbsp;</TD>
    <TD STYLE="text-align: right">(325,350)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(325,350)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Cash flow hedge accounting</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;1,742,765</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;426,961</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Estimated losses for deferred income and social contribution tax credits - cash flow hedge</TD>
    <TD STYLE="text-align: right">(1,742,520)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(426,961)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="color: #333333">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">(327,021)</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">(328,013)</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">18.d)Test</TD><TD STYLE="text-align: justify">of recoverability of income tax and social contribution of deferred assets</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company's management constantly evaluates the
ability to use its tax credits. In this direction, CSN periodically updates a technical study to demonstrate if the generation of future
taxable profits support the realization of tax credits and, consequently support the accounting recognition of tax credits, the maintenance
on the balance sheet or the constitution of a provision for loss in the realization of these credits.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">This study is prepared at Entity level, in accordance
with the Brazilian tax legislation, and is performed considering the Company&#8217;s projections, which is the entity that generates a
significant amount of tax credits, mainly, temporary differences. The Company covers the following businesses.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Deferred income tax / social contribution on tax
losses and temporary differences refers mainly to the following items:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; width: 12%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; line-height: 115%">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; width: 19%; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Nature</TD>
    <TD STYLE="border-top: black 1pt solid; width: 69%; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Brief description</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; line-height: 115%">&nbsp;</TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>
    <P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Tax losses</P></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">The Company incurs tax losses in the Parent Company as a result of financial expenses on its indebtedness, since it substantially holds all the loans and financing of the CSN Group. However, the Parent Company reported taxable income in two quarters of 2020.</TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 184 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->53<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt solid; width: 12%; border-right: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; line-height: 115%">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; width: 19%; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Exchange variation expenses</TD>
    <TD STYLE="border-top: black 1pt solid; width: 69%; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Since 2012, the Company has opted for taxing exchange rate variations on a cash basis. As a result, taxes are due and expenses are deductible when the underlying asset or liability is settled.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: bold 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Differences</P>
    <P STYLE="font: bold 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Temporary</P></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">Loss on investment in Usiminas shares</TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Changes in investment in Usiminas shares are recognized on an accrual basis; however, the event that generates taxation or deductibility will only occur when the investment is sold. </TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; line-height: 115%">&nbsp;</TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Other provisions</P></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">Other provisions are recognized on an accrual basis and their taxation occurs only at the time of their realization, such as: provision for contingencies, loss for <I>impairment</I>, provision for environmental liabilities, etc.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The study is prepared based on the Company&#8217;s
long-term business plan designed for a period reasonably estimated by Management and considers several scenarios that vary according to
different macroeconomic and operational assumptions.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The taxable income projection model considers two
main indicators:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Income before taxes, reflecting the projected EBITDA plus depreciation, other income and expenses and
the financial result, and;</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Taxable income, which is comprised of pre-tax income plus (minus) the items of income and expense that
are taxable or deductible in future periods (temporary differences).</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In addition, a sensitivity analysis of consumption
of tax credits is carried out considering a variation in macroeconomic assumptions, operating performance and liquidity events.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The deterioration of the Brazilian political and
macroeconomic environment that occurred in recent years has generated tax losses at CSN, as well as the growth of its financial leverage.
These two aspects combined culminated in an imbalance between the financial and operating results of the Company.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In view of this context, the Company works with
a business plan aimed at rebalancing the Parent Company&#8217;s financial and operating results, the main measures of which are:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Continuity of divestment efforts;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Reduction of financial leverage;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Improvement in operating results due to increased sales volume, improved prices for its products and greater
efficiency in controlling production costs; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Reprofiling of the Company&#8217;s indebtedness, with negotiations to extend amortization terms and decentralization
of indebtedness by redirecting contracts to subsidiaries according to the nature and application of funds.</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">With the continuation of the execution of the above
measures, the Company&#8217;s management expects to return with high levels of profitability with sustainability. Consequently, Management
considers that the gradual recognition of tax credits, initially using a projection period of less than 10 years, more adequately reflects
the expectation of using the credits maintained in the Company&#8217;s tax records. As a result of the study, the Company reversed during
2020 the amount of R$1,369 million of estimated losses recorded in previous years totaling a balance in the deferred tax asset of R$4,628
million on December 31, 2020.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The tax losses carryforward and negative base of
social contribution and temporary differences maintained in the Company&#8217;s tax records for future use amount, respectively, to R$1,681
million and R$627 million on December 31, 2020 (R$1,466 million and R$550 million on December 31, 2019).</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0 1.45pt 0 0; text-align: justify">Current income tax and social contribution
are calculated based on the tax laws enacted by the end of the reporting period, including in the countries where the Group entities operate
and generate taxable profit. Management periodically assesses the positions taken in the tax calculations with respect to situations where
applicable tax regulations are open to interpretations. The Group recognizes provisions where appropriate, based on the estimated payments
to tax authorities. The income tax and social contribution expense comprises current and deferred taxes. Current and deferred taxes are
recognized in profit or loss unless they are related to business
combinations or items recognized directly in shareholders' equity.</P>


<!-- Field: Page; Sequence: 185 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->54<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Current tax expense is the expected payment of
taxable income for the year, using the nominal rate approved or substantially approved on the balance sheet date, and any adjustment of
taxes payable related to previous years. Current income tax and social contribution are posted net in liabilities whenever there are amounts
payable, or in assets whenever such amounts paid in advance exceed the total amount due at the reporting date.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Deferred tax is recognized in relation to temporary
differences between the tax bases of assets and liabilities and their book values in the financial statements. Deferred tax is not recognized
for temporary differences arising from the initial recognition of assets and liabilities in a transaction that is not a business combination,
that does not affect nor accounting profit nor tax profit or loss, differences related to investments in subsidiaries and controlled entities
when it is probable that they will not revert in a foreseeable future and from the initial recognition of goodwill, in accordance with
IAS 12 - Taxes on Profit. The amount of the deferred tax determined is based on the expectation of realization or settlement of the temporary
difference and uses the nominal rate approved or substantially approved</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Assets and liabilities deferred income tax are
presented net in the balance sheet whenever there is a legal right and the intention to offset them upon the calculation of current taxes,
usually related to the same legal entity and the same taxation authority.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.4pt">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Deferred income tax and social contribution assets
are recognized on recoverable balances of tax loss and negative basis of CSLL, tax credits and deductible temporary differences. Such
assets are reviewed at each year-end date and will be reduced to the extent that their realization is less likely to occur.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 1.45pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">19.</TD><TD STYLE="text-align: justify">TAXES IN INSTALLMENTS</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The position of Refis debts and other installments,
recorded in installment taxes in current and non-current liabilities, as shown in note 15, are shown below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD>&nbsp;</TD>
    <TD COLSPAN="5" STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">Current</TD>
    <TD COLSPAN="3" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Non-current</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Federal REFIS Law 11.941/09 (a)</TD>
    <TD STYLE="text-align: right">12,214</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">12,172</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">15,529</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">17,436</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Federal REFIS Law 12.865/13 (b)</TD>
    <TD STYLE="text-align: right">6,633</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">6,481</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">42,883</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">48,306</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Other taxes in installments</TD>
    <TD STYLE="text-align: right">26,484</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">845</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">101,835</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,985</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">45,331</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">19,498</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">160,247</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">67,727</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(a) The refinancing program of Law 11,941 / 09 has a
balance arising from the adhesion to the REFIS of taxes on profit (IRPJ and CSLL) for the years 2006, 2007 and 2012 and taxes on billing
(PIS and COFINS) for the years 2006 and 2007. The installment payment is paid in monthly installments, with interest at the SELIC rate,
which is the rate of the Brazilian federal funds.</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(b) The refinancing program of Law 12.865 / 13 has a
balance resulting from the adhesion to the REFIS of taxes on profit (IRPJ and CSLL) for the payment of the amounts related to taxes on
the profit of the affiliates or subsidiaries abroad in 2009 to 2011. It is due in monthly installments, with interest at the SELIC rate,
which is the rate of Brazilian federal funds.</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 18pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">20.</TD><TD STYLE="text-align: justify">PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Claims of different nature are being challenged
at the appropriate courts. Details of the accrued amounts and related judicial deposits are as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 186 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->55<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="width: 36%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 15%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 15%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 15%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; background-color: white">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Accrued liabilities</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Judicial deposits</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; background-color: white">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt; background-color: white">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt; background-color: white">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Tax</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">134,645</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">128,411</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,444</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">31,060</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Social security</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">8,170</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">7,039</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Labor</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">328,334</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">305,309</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">212,737</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">227,213</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Civil</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">151,776</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">138,990</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">67,819</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">53,771</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Environmental</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">12,463</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">43,498</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">17,683</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">3,731</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Deposit of a guarantee</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">24,434</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">12,596</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right">635,388</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right">623,247</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right">325,117</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right">328,371</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Classified:</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Current</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right">81,073</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">96,479</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Non-current</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">554,315</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">526,768</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">325,117</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">328,371</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">635,388</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">623,247</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">325,117</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">328,371</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The changes in tax, social security, labor, civil
and environmental provisions in the year ended December 31, 2020 can be summarized as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 25%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 14%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 14%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 14%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 14%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 14%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">Current + Non-current</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Nature</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Additions</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Accrued charges</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Net utilization of reversal</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt">12/31/2020</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">Tax</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;128,411</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;8,626</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;4,267</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(6,659)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">134,645</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Social security</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">7,039</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;5,892</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;192</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(4,953)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;8,170</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">Labor</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;305,309</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">44,693</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;39,507</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(61,175)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">328,334</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Civil</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;138,990</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">46,577</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;15,579</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(49,370)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">151,776</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">Environmental</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;43,498</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;4,525</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;326</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(35,886)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;12,463</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;623,247</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;110,313</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;59,871</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;(158,043)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">635,388</TD></TR>
  </TABLE>



<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><U>Tax proceedings</U></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The main lawsuits that are considered by the external
legal advisors as probable loss of tax nature are (i) some tax assessment notices; (ii) divergences between calculated and paid VAT (ICMS);
(iii) Requests for compensation not approved due to the lack of credit rights.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><U>Labor proceedings</U></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company appears as a defendant, on December
31, 2020, in 8,784 labor claims. The majority of claims for actions are related to subsidiary and / or joint liability, equal pay, unhealthy
and hazardous work premiums, overtime, health insurance, indemnity claims arising from alleged involvement of occupational diseases or
accidents at work, intra-day break and differences in profit sharing in the years 1997 to 1999 and 2000 to 2003.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">During the year ended December 31, 2020 there were
addition or write-off movements in labor lawsuits arising from the definite conclusion and the constant revision of the Company&#8217;s
accounting estimates related to the provision for contingencies that take into consideration the different nature of the claims made,
as required by the Company&#8217;s accounting policies.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><U>Civil proceedings</U></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Among the civil lawsuits in which he is a defendant,
there are mainly suits for damages. Such processes, in general, result from work accidents, occupational diseases, contractual discussions,
related to the Group&#8217;s industrial activities, real estate actions, health insurance.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>




<!-- Field: Page; Sequence: 187 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->56<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><U>Environmental Proceedings</U></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Among the environmental administrative / judicial
proceedings in which the Company is a defendant, there are administrative procedures aimed at finding possible occurrences of environmental
irregularities and regularizing environmental licenses; at the judicial level, there are actions for the enforcement of fines imposed
as a result of such alleged irregularities and public civil actions with a request for regularization combined with indemnities, which
consist of environmental recovery, in most cases. Such processes, in general, result from discussions of alleged impact to the environment
related to the Company&#8217;s industrial activities.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Processes of an environmental nature are highly
complex in estimating the value at risk, as the procedural evolution, the extent of possible damage and the projection of repair costs
must be taken into account, among various aspects.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">There are other processes of an environmental nature
for which it is not yet possible to assess the risk and the contingency amount due to the aforementioned complexity of estimation, the
peculiarities of the matters that involve them and the procedural stages in which they are. The main environmental judicial and administrative
procedures are listed below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.4pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.4pt; text-align: justify">&#8226; In July 2012, the Public Ministry
of the State of Rio de Janeiro (MPE / RJ) and the Federal Public Ministry (MPF) filed separate public civil actions in the State and Federal
Courts alleging the existence of an allegedly contaminated area in the Volta Grande IV Condominium. In view of the conflict of competence
to judge the actions, the Superior Court of Justice (STJ) declared the competence of the Federal Justice to process and judge such actions.
In brief summary, the MPF maintains that the Company should (i) remove all the waste disposed of in the area used as an industrial landfill
in the city of Volta Redonda and (ii) transfer 750 residences located in the Volta Grande IV condominium, also in the city of Volta Redonda
.. These requests were denied by the Court, and it was determined that a timetable was presented to investigate the area and, if necessary,
to remedy the potential issues raised by the MPF. This schedule was presented, indicating the completion of all studies related to the
investigation phases, including the risk assessment and intervention plan, which were completed on April 30, 2014. In addition, there
are pending indemnity suits filed by the owners of houses in the Volta Grande IV condominium, with requests for compensation for the alleged
moral and material damages sustained, which have not yet been judged. Currently, the process (ACP) is awaiting the start of the investigation
phase.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#8226; In January 2014, an Annulment Action was
issued with the objective of declaring the nullity of the Notice of Infraction drawn up by INEA for the alleged contamination of the soil
and groundwater in the Condominium Volta Grande IV. The penalty applied was a simple fine, in the original amount of R$35 million. The
request for a preliminary suspension of the demand for the debt was not considered, which is why INEA filed a Tax Enforcement Action.
Currently, due to harmful external issues, the proceedings have been temporarily suspended, until the conclusion of the expert examination
at ACP Volta Grande IV and / or contrary decisions of the courts.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#8226; With regard to other areas allegedly contaminated
in the city of Volta Redonda, the Public Ministry filed three other public civil actions aimed at environmental remediation and compensation
for areas called Marcia I, II, III and IV, Wandir I and II and Recycle. Regarding the area called Marcia I, the phase of producing evidence
ended on 03/04/20, there was a decision converting the trial into a conciliation hearing, given the great length of time elapsed in the
conclusion of the sentence (2017 to 2019), the which was postponed without setting a new date due to the pandemic. At this hearing, the
parties must present the status of the area&#8217;s environmental management measures. The other two ACPs are in the initial stage and
CSN is currently conducting environmental studies that will determine the extent of possible environmental damage caused by soil contamination,
as well as the implementation of actions to comply with applicable laws.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#8226; In 2015, the Federal Public Ministry filed
a public civil action against CSN requesting the adaptation and regularization of the particulate matter emission at the Presidente Vargas
Steelworks, with the consequent paralysis of its activities. According to CONAMA Resolution No. 436/2011, companies would have until December
2018 to adjust the emission of particulates to the new required legal standards. This was made compatible with INEA with the schedule
of actions and measures provided for in TAC 07/2018. Currently, the process is awaiting the start of the investigation phase.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#8226; In 2016, CSN was cited in a public civil
action filed by the Federal Public Ministry and the Public Ministry of the State of Rio de Janeiro, due to the alleged irregular deposit
of waste in the area called &#8220;Aterro Panco&#8221;. In this action, there are requests for recovery of degraded areas, repair of damage
to flora and fauna, and human health, as well as compensation for material and moral damage caused to the environment. Currently, the
process is awaiting the start of the investigation phase.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#8226; In 1988, the Federal Public Ministry filed
a public civil action against CSN for alleged environmental contamination and pollution of the Para&iacute;ba do Sul River, allegedly
caused by industrial activity in the area. In 1995, the court determined the meeting of cases No. 15,497; 17,563; No. 7,304; and, No.
7,624, in view of the connection characterized and determined the joining of the 4 shares.</P>
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>


<!-- Field: Page; Sequence: 188 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->57<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Federal Regional Court of the Second Region
upheld the first instance conviction, reiterating the Company&#8217;s obligation to compensate for possible environmental damage caused
to the ecosystem. The Company appealed to the Superior Court of Justice (STJ), which accepted the appeal and annulled the previous decisions,
determining the return of the records to the 1st Instance to resume the process. Currently, the process awaits the new beginning of the
investigation phase.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#8226; In 2009 and 2010, Terms of Judicial Agreements
(TAJ&#8217;s) were signed with the Federal Public Ministry seeking the recovery of environmental liabilities caused by coal mining in
the Southeast Region of Santa Catarina until the 1990s. The environmental liabilities covered by the agreements include the restoration
of certain degraded areas. In March 2018, the parties renegotiated a new agreement, with the extension of the works schedule until 2030,
which was ratified in court on 06/06/18. Currently, the Company negotiates with the MPF the suspension of the TAJ terms for negotiation
and adjustment of the obligations and compensatory measures provided for.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#8226; In July 2018, the Company and the company
Harsco Metals (&#8220;Harsco&#8221;), a company providing services to CSN, were cited in a new public civil action filed jointly by the
Federal Public Ministry and the Public Ministry of the State of Rio de Janeiro, due to the supposed irregular deposit of waste (steel
slag) in the area called &#8220;Slag Processing Yard&#8221;. A preliminary decision was issued that established a certain limitation in
the monthly sending of slag to the referred yard, reducing the height of the piles and removing the excess of the stored material. However,
recent studies carried out by independent companies, attest to the absence of environmental risks or impacts. The Company and Harsco have
been looking for feasible alternative solutions to end the process. Currently, the process is awaiting the start of the investigation
phase.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#8226; In January 1995, the ACP was filed by the
Municipality of Volta Redonda / RJ (&#8220;MVR&#8221;), pleading CSN&#8217;s condemnation of compliance with 26 items of Compensatory
Environmental Programs. After the contestation, the parties entered into an instrument of Transaction (1995), establishing the effective
obligations of CSN, as well as the environmental compensation, ratified in court by sentence. The municipality of Volta Redonda disagreed
about the compliance with the ratified agreement and in 2015 the process of liquidating unfulfilled obligations was initiated. On 12/27/18,
a new agreement was signed between CSN and MVR to end the legal dispute, through reciprocal concessions from the parties, with the MVR
expressly waiving the right on which the lawsuit is founded and CSN the additional investment in the amount of R$21 million, 30% of which
should be allocated to services of environmental interest, works for the preservation, improvement and recovery of the quality of the
environment in Volta Redonda. In 2019, the agreement signed between CSN and MVR was approved with the actual disbursement by CSN of R$25MM,
which was appealed by the Public Prosecutor&#8217;s Office, however dismissed by the Rio de Janeiro Court of Justice, confirming the decision
of the lower court that ratified the agreement signed between the Company and the MVR.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#8226; In August 2017, CSN initiated an annulment
action against the tax assessment notice that imposed a fine on CSN (R$25 million - updated until December / 19), for alleged water pollution
in the Para&iacute;ba do Sul River, with the launch of effluents from the Alto Forno 2 ETE, due to an accident that occurred on 11/27/2010.
The enforceability of the fine is suspended due to a preliminary injunction, and the process is awaiting the start of the investigation
phase.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#8226; In December 2019, a Public Civil Action
was initiated against Sepetiba TECON and INEA with a view to suspending the environmental licensing processes of the Sepetiba TECON container
terminal until the study of the environmental support capacity of Sepetiba Bay is carried out, and the INEA refrain from licensing new
ventures or potentially polluting activities on the site, which may harm the socio-environmental balance of the Bay and the preservation
of marine fauna. Sepetiba TECON became aware of the action through news published on the MPF website. On 12/19/19, the court dismissed
the request for emergency relief requested by the MPF, as well as the Federal Union and IBAMA&#8217;s decision was determined. After the
challenge is submitted by TECON, the process awaits the start of the investigation phase.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#8226; In June 2019, CSN filed a lawsuit against
the INEA Notification that determined the suspension of solid bulk handling operations at TECON due to the alleged lack of activity forecast
under the respective Operation License. A preliminary injunction was granted to suspend the effects of the Notification and allow the
continuation of the solid bulk handling operation until the final judgment of the action. After the favorable decision is confirmed by
the Court on appeal, the case awaits the initiation of the investigation phase.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD STYLE="text-align: justify"><U>administrative and judicial proceedings</U></TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 189 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->58<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company does not make provisions for lawsuits,
which Management&#8217;s expectation, based on the opinion of legal counsel, is a possible loss. The following table shows a summary of
the balance of the main matters classified as possible risk compared to the balance at December 31, 2020 and December 31, 2019.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-family: Calibri, Helvetica, Sans-Serif; text-align: justify; width: 80%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">Consolidated</TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: justify">Assessment Notice and imposition of fine (AIIM) / Tax Enforcement - Income tax and social contribution - Capital gain on sale of NAMISA's shares</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;12,694,021</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;12,412,964</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">Assessment Notice and Imposition of fine (AIIM) - Income tax and Social contribution - Disallowance of deductions of goodwill generated in the reverse incorporation of Big Jump by NAMISA.</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;3,930,093</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;3,867,663</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: justify">Assessment Notice and Imposition of fine (AIIM) / Tax Enforcement&nbsp;&nbsp;- Income tax and Social contribution - Disallowance of interest on prepayment arising from supply contracts of iron ore and port services</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;1,956,898</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;2,249,708</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: justify">Assessment Notice and imposition of fine (AIIM) - Income tax and social
    contribution due to profits from foreign subsidiaries for years 2008, 2010, 2011, 2012 and 2014</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;3,461,574</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;2,946,288</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: justify">Tax foreclosures - ICMS - Electricity credits</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;841,401</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;1,022,371</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: justify">Offset of taxes that were not approved by the Federal Revenue Service - IRPJ/CSLL, PIS/COFINS and IPI</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;1,845,379</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;1,100,564</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom; text-align: justify">Disallowance of the ICMS credits - Transfer of iron ore</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;624,645</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;567,534</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">ICMS - Refers to the transfer of imported raw material at an amount lower than the price disclosed in the import documentation</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;317,848</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310,349</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: justify">Disallowance of the tax loss and negative basis of social contribution arising from the adjustments in the SAPLI</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;583,478</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;538,268</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">Assessment Notice- IRRF- Capital Gain of CFM vendors located abroad</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260,326</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254,850</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: justify">CFEM &ndash; difference of understanding between CSN and DNPM on the calculation basis&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;1,051,661</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;1,020,266</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: justify">Assessment Notice- ICMS- questions about sales for incentive area</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;1,111,034</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;1,015,812</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom; text-align: justify">Other tax lawsuits (federal, state, and municipal)</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;3,886,976</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;4,478,014</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: justify">Social security lawsuits</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233,116</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325,492</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom; text-align: justify">Action to discuss the balance of the construction contract &ndash; Tebas</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487,124</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;468,776</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: justify">Action related to power supply payment&rsquo;s charge - Light</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;288,390</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253,569</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: justify">Indemnity action due to the supply contract termination - Indumill</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;237,795</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215,281</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: justify">Enforcement action applied by Brazilian antitrust authorities (CADE)</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95,833</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93,212</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: justify">Civil Public Action - Districts / School / Nursery relocation-CdP Dam <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12,207</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20,000</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: justify">Other civil lawsuits</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;777,850</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;764,127</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom; text-align: justify">Labor and social security lawsuits</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;1,506,626</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;1,565,237</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: justify">Tax foreclosures &ndash; Fine &ndash; Volta Redonda IV <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;94,304</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84,599</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom; text-align: justify">ACP landfill M&aacute;rcia <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(3)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306,389</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: justify">Assessment Notice and imposition of fine (AIIM) -&nbsp;&nbsp;Charge of IRRF- RFB&nbsp;&nbsp;- Business combination (year 2015) between Namisa, Congonhas Min&eacute;rios (current CSN Minera&ccedil;&atilde;o) and consortium</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;862,324</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom; text-align: justify">Assessment Notice and imposition of fine (AIIM) - SEFAZ/RJ - ICMS on purchases of intermediate products (4)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;498,002</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: justify">Assessment Notice and imposition of fine (AIIM) - RFB -&nbsp;&nbsp;Disallowance of credits PIS/COFINS of inputs and freight</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;1,082,517</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom; text-align: justify">Other environmental lawsuits</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257,965</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215,691</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: bold 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;39,305,776</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;35,790,635</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm">(1) In May 2019, the State Prosecutor&#8217;s
Office of the State of Minas Gerais filed an ACP order to compel CSN Minera&ccedil;&atilde;o SA to adopt mitigating measures regarding
the psychological risks and losses allegedly generated by the Casa de Pedra Dam, reallocating residents, who so wish, with rents and social
assistance, as well as relocating children who attended a new daycare and school that were closed, rebuilding new daycare and school in
a safe place. In a preliminary injunction, the 1st Instance Magistrate ordered the blocking of three million reais for the construction
of the day care center and school, a decision suspended by the 2nd Instance Court. The State Public Prosecutor of the State of Minas Gerais
also pleaded for the payment of moral damages collective actions, as well as for the permanent reallocation of people, at the expense
of CSN Minera&ccedil;&atilde;o SA The lawsuit is in its initial phase and there is still no judicial sentence related to the case.</P>


<!-- Field: Page; Sequence: 190 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->59<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm">(2) On April 8, 2013, INEA applied
a fine of R$35 million to CSN in relation to aspects involving the Volta Grande IV condominium, determining that the actions already considered
and discussed in the public civil action filed in July 2012. In relation to the application of this fine, an annulment action was filed,
distributed, in January 2014, to the 10th Civil Court of the State of Rio de Janeiro, aiming at the annulment of the fine and its effects.
In parallel, INEA filed a tax enforcement action, with an adjusted amount of R$42 million, in order to enforce the amount of the fine
imposed. The Tax Foreclosure action mentioned was distributed in May 2014 to the 4th Registry of Active Debt of Volta Redonda, in the
State of Rio de Janeiro. Currently, these actions are suspended until the conclusion of the investigation to be carried out in the Environmental
Public Civil Action of the Condominium Volta Grande IV, whose merit discusses possible contamination of the site.</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm">(3) This is an Environmental
Public Civil Action, proposed by the MPF, with a claim for indemnity for collective moral damages and material damages, for allegedly
irregular deposit of steel residues, in addition to being set aside for non-compliance with the injunction.</P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt">&nbsp;</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm">(4) Infraction Notice (AIIM)
drawn up by SEFAZ / RJ for ICMS and Fine requirement for the alleged improper use of ICMS credit for the period 2015 to 2020 resulting
from the acquisition of intermediate products used in the UPV (refractories, belts, cylinders, chemical agents, etc.), which were classified
by the Inspection as of use / consumption and without the right to credit.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company has been offering judicial guarantees (Guarantee
Insurance / Letter of Guarantee) in the total and updated amount of R$4,542,786, as determined by the procedural legislation in force.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The assessments made by legal advisors define these
administrative and judicial proceedings as a possible risk of loss and, consequently, no loss provisions have been recognized.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Only provisions estimated as probable risk of loss
are recorded, substantiated in the assessment of our legal advisors, and at amounts that will be required to settle the litigations. The
obligation is updated in accordance with the evolution of the lawsuit or financial charges incurred and will be reversed if the estimated
loss is no longer considered probable due to changes in circumstances or derecognized when the obligation is settled.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">21.</TD><TD STYLE="text-align: justify">PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The balance of provisions for environmental liabilities
and deactivation of assets can be shown as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="width: 59%">&nbsp;</TD>
    <TD STYLE="width: 20%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 20%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Environmental liabilities</TD>
    <TD STYLE="text-align: right">192,830</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">192,270</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD>Asset retirement obligations</TD>
    <TD STYLE="text-align: right">611,005</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">331,731</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">803,835</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">524,001</TD></TR>
  </TABLE>



<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">21.a)</TD><TD STYLE="text-align: justify">Environmental liabilities</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">As of December 31, 2020, a provision is maintained
for application in expenses related to services for the investigation and environmental recovery of potential contaminated, degraded areas
and in the process of exploration under the responsibility of the Company in the states of Rio de Janeiro, Minas Gerais and Santa Catarina.
Expenditure estimates are periodically reviewed, adjusting, whenever necessary, the amounts already accounted for. These are the Management&#8217;s
best estimates considering studies and environmental recovery projects. These provisions are recorded in the account for other operating
expenses.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Provisions are measured at the present value of
the expenses that must be required to settle the obligation, using a pre-tax rate, which reflects current market valuations of money at
the time and the specific risks of the obligation. The increase in the obligation due to the passage of time is recognized as other operating
expenses.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Some contingent environmental liabilities are monitored
by the environmental area and have not been provisioned because their characteristics do not meet the recognition criteria in IAS 37.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt">21.b)</TD><TD STYLE="text-align: justify">Asset retirement obligation</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In 2020, after anticipating the discontinuation
of the dams used in its mining activities, the Company updated the study to recognize the costs of deactivating mining assets. The study
resulted in an increase of the provision by R$279 million, mainly due to:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 191 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->60<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 36pt">i)</TD><TD STYLE="text-align: justify">expansion of operational areas with the implementation of new technologies;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 36pt">ii)</TD><TD STYLE="text-align: justify">revision in the process of de-characterization of dams and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 36pt">iii)</TD><TD STYLE="text-align: justify">application of inflation indices on costs.</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 54pt; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company recognizes a provision for recovery
costs, when a loss is probable, and the amounts of the related costs are reasonably determined. Generally, the provisioning period for
the amount to be used for recovery coincides with the completion of a feasibility study or commitment to a formal action plan.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Expenses related to compliance with environmental
regulations are charged to income or capitalized, as appropriate. Capitalization is considered appropriate when expenses refer to items
that will continue to benefit the Company and that are basically relevant to the acquisition and installation of equipment for pollution
control and / or prevention.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Asset retirement obligation (ARO) liabilities consist
of cost estimates for deactivation, demobilization or restoration of areas at the end of mining activities and extraction of mineral resources.
The initial measurement is recognized as a liability discounted to present value and, subsequently, carried to expenses over time. The
asset deactivation cost equivalent to the initial liability is capitalized as part of the asset&#8217;s carrying amount and depreciated
over the asset&#8217;s useful life.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">22.</TD><TD STYLE="text-align: justify">RELATED-PARTY BALANCES AND TRANSACTIONS</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">22.a)Transactions</TD><TD STYLE="text-align: justify">with holding companies</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Vicunha A&ccedil;os SA is the main shareholder
of the Company with a 49.24% interest in the voting capital.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Also part of the Company&#8217;s control is Rio
Iaco Participa&ccedil;&otilde;es SA, which holds a 4.22% interest in the voting capital of CSN.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The corporate structure of Vicunha A&ccedil;os
SA is as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 2.25pt"></TD><TD STYLE="width: 18pt">-</TD><TD STYLE="text-align: justify">Vicunha Steel S.A. - holds 67.93% interest in Vicunha A&ccedil;os S.A.;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 2.25pt"></TD><TD STYLE="width: 18pt">-</TD><TD STYLE="text-align: justify">CFL Participa&ccedil;&otilde;es S.A. - holds a 12.82% interest in Vicunha A&ccedil;os S.A. and a 40% interest
in Vicunha Steel S.A.;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 2.25pt"></TD><TD STYLE="width: 18pt">-</TD><TD STYLE="text-align: justify">Rio Purus Participa&ccedil;&otilde;es S.A. - holds a 19.25% interest in Vicunha A&ccedil;os S.A. and a
60% interest in Vicunha Steel S.A.</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Liabilities</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">As of December 31, 2020, the distribution of mandatory
minimum dividend in the amount of R$443,694 to the shareholder Vicunha A&ccedil;os SA and R$37,997 to Rio Iaco Participa&ccedil;&otilde;es
SA was proposed, which will be submitted for approval at the Annual Shareholders&#8217; Meeting.</P>


<!-- Field: Page; Sequence: 192 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->61<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">22.b)</TD><TD STYLE="text-align: justify">Transactions with subsidiaries, joint ventures, associates, exclusive founds and other related parties</TD></TR></TABLE>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: center; width: 27%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 9%">Subsidiaries and associates</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 9%">Joint-ventures e Joint Operation</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 7%">Other related parties</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 7%">Total</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 9%">Subsidiaries and associates</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 9%">Joint-ventures e Joint Operation</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 7%">Other related parties</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 7%">Total</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; text-align: left">Assets</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">&nbsp;Current Assets&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Investments</TD>
    <TD STYLE="text-align: center"><SUP>(1)</SUP></TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;3,763,603</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">3,763,603</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;2,116,560</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,116,560</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Trade receivables (note 6)</TD>
    <TD STYLE="text-align: center"><SUP>(2)</SUP></TD>
    <TD STYLE="text-align: right">&nbsp;7,686</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;8</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;113,482</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">121,176</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;39,435</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;797</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;130,356</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">170,588</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Dividends receivable (note 9)</TD>
    <TD STYLE="text-align: center"><SUP>(3)</SUP></TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;38,088</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;38,088</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;44,554</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;44,554</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Other current assets (note 9)</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;4,413</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;1,829</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;6,242</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;1,830</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,830</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;7,686</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;42,509</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;3,878,914</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">3,929,109</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;39,435</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;45,351</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;2,248,746</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">2,333,532</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">&nbsp;Noncurrent Assets&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Investments</TD>
    <TD STYLE="text-align: center"><SUP>(1)</SUP></TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;123,409</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">123,409</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">95,719</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;95,719</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Loans (note 9)</TD>
    <TD STYLE="text-align: center"><SUP>(4)</SUP></TD>
    <TD STYLE="text-align: right">&nbsp;3,375</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">962,675</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">966,050</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,874</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">844,426</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">846,300</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Actuarial asset (note 30)</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">13,819</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;13,819</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">13,714</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;13,714</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Other non-current assets (note 9)</TD>
    <TD STYLE="text-align: center"><SUP>(5)</SUP></TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">664,020</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">664,020</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">428,672</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">428,672</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;3,375</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">1,626,695</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;137,228</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">1,767,298</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;1,874</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">1,273,098</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;109,433</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">1,384,405</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;11,061</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">1,669,204</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;4,016,142</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">5,696,407</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;41,309</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">1,318,449</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;2,358,179</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">3,717,937</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; text-align: left">Liabilities</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">&nbsp;Current Liabilities&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Intercompany Loans (note 13)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">25,038</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;25,038</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Trade payables</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">106,946</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;9,455</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">116,401</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;98,496</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;142,488</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">240,984</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Accounts payable (note 15)</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;23,555</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;2,437</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;25,992</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;23,566</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;23,566</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Provision for consumption (note 15)</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;44,466</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;44,466</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;22,497</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;22,497</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">174,967</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">11,892</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">186,859</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">144,559</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;167,526</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">312,085</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">&nbsp;Noncurrent Liabilities&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Accounts payable (note 15)</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;78,083</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;78,083</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;88,021</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;88,021</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Actuarial liability&nbsp;&nbsp;(note 30)</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">79,546</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;79,546</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">19,788</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;19,788</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;78,083</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">79,546</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">157,629</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;88,021</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">19,788</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">107,809</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">253,050</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">91,438</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">344,488</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">232,580</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;187,314</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">419,894</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B></B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">12/31/2019</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="7" STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">12/31/2018</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 22%">&nbsp;</TD>
    <TD STYLE="text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 6%">Subsidiaries and associates</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 6%">Joint-ventures e Joint Operation</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 5%">Other related parties</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 5%">Total</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 6%">Subsidiaries and associates</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 6%">Joint-ventures e Joint Operation</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 5%">Other related parties</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 5%">Total</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 6%">Subsidiaries and associates</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 6%">Joint-ventures e Joint Operation</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 5%">Other related parties</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 5%">Total</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; text-align: left">P&amp;L</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Sales</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104,400</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;843</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;1,568,992</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;1,674,235</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75,630</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;1,047,204</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;1,122,834</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100,608</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;414</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;1,177,730</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;1,278,751</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Cost and expenses</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,036,420)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(104,212)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,140,632)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(231,140)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,133,142)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(594,676)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,958,958)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,307,695)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(110,587)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,418,282)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">Financial income (expenses)</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Interest (note 28)</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19,095</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18,421</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37,516</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43,790</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20,499</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64,289</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;234</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33,911</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14,651</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48,796</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 24px; text-align: left">Exchange rate variations and&nbsp;&nbsp;monetary, net</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,586</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,586</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13,611</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13,611</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; text-align: left">Financial investments (note 28)</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;1,190,489</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;1,190,489</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Other operating income and expenses</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14,939)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(136,004)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(150,943)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;104,400</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,016,482)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;2,673,690</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;1,761,608</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(155,510)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,104,291)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340,609</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(919,192)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100,842</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1,273,369)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;1,095,404</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 2pt double; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(77,123)</TD></TR>
  </TABLE>
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Main operations:</P>

<P STYLE="font: bold 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 7pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt"></TD><TD STYLE="width: 18pt">1.</TD><TD STYLE="text-align: justify">Financial investments: <FONT STYLE="font-weight: normal">Investments in Usiminas shares are R$3,305,109
(R$2,114,620 in December 2019) and cash and cash equivalents with Banco Fibra totaling R$458,494 in December 2020 (R$1,940 in December
2019) and no current amount R$123,409 (R$95,719 in December 2019) from <I>Bonds</I> with an average rate of 98% to 115% of the CDI in
the consolidated and holds in the parent company through exclusive funds&#8217; investments in government bonds and CDBs in the amount
of R$38,517 on December 31, 2020 (R$8,301 on December 31, 2019).</FONT></TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 25.1pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt"></TD><TD STYLE="width: 18pt"><B>2.</B></TD><TD STYLE="text-align: justify"><B>Trades receivable:</B> mainly refers to operations of sales of steel products of the Parent Company
to affiliates and companies <I>joint venture</I> and <I>joint-operation</I>.</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt"></TD><TD STYLE="width: 18pt"><B>3.</B></TD><TD STYLE="text-align: justify"><B>Dividends receivable</B> from MRS Log&iacute;stica of R$38,088 (R$44,554 as of December 31, 2019).</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 25.1pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt"></TD><TD STYLE="width: 18pt">4.</TD><TD STYLE="text-align: justify">Loans (Assets): <FONT STYLE="font-weight: normal">refers mainly to loan agreements with an average rate
of 125.0% to 130.0% of the CDI with Transnordestina Log&iacute;stica SA of R$962,675 (R$844,426 as of December 31, 2019). </FONT></TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 25.1pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 7.1pt"></TD><TD STYLE="width: 18pt"><B>5.</B></TD><TD STYLE="text-align: justify"><B>Others (Assets):</B> Advance for future capital increase with subsidiaries of R$664,020 with Transnordestina
Log&iacute;stica SA (R$428,672 on December 31, 2019).</TD></TR></TABLE>


<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 18pt">&nbsp;</P>


<!-- Field: Page; Sequence: 193 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->62<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">22.c)</TD><TD STYLE="text-align: justify">Other unconsolidated related parties</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">CBS Social Security</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company is its main sponsor, being a non-profit
civil society established in July 1960 and whose main objective is the payment of benefits complementary to those of the official social
security for the participants. As a sponsor, it maintains transactions for payment of contributions and recognition of actuarial liabilities
determined in defined benefit plans.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Banco Fibra</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Banco Fibra is under the control structure of Vicunha
A&ccedil;os S.A., the major shareholder of the Company and the financial transactions carried out with this bank are limited to movements
in checking accounts and financial investments in fixed-income securities.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">CSN Foundation</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 36pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company develops socially responsible policies
concentrated in the CSN Foundation, of which it is the founder. Transactions between the parties are related to operational and financial
support for the Foundation to conduct social projects developed mainly in the locations where it operates.</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 18pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Related Parties under the control of a member of the Company&#8217;s Management</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The following companies are under the control of
a member of the Management, which maintain some minor transactions with the Company:</P>

<P STYLE="font: 9pt/115% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/115% Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font: 9pt Symbol">&middot;</FONT></TD><TD><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif">Partifib Projetos Imobili&aacute;rios Ltda</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/115% Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font: 9pt Symbol">&middot;</FONT></TD><TD><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif">Vicunha Im&oacute;veis Ltda.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/115% Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font: 9pt Symbol">&middot;</FONT></TD><TD><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif">Vicunha Servi&ccedil;os Ltda.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt/115% Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font: 9pt Symbol">&middot;</FONT></TD><TD><FONT STYLE="font: 9pt Arial, Helvetica, Sans-Serif">Ibis Participa&ccedil;&otilde;es e Servi&ccedil;os Ltda</FONT></TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 18pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">22.d)</TD><TD STYLE="text-align: justify">Key management personal</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The key management personnel with authority and
responsibility for planning, directing and controlling the Company&#8217;s activities include members of the Board of Directors and statutory
officers. <FONT STYLE="line-height: 115%">The following is information on the compensation of such personnel and the related balances
as of </FONT>December 31, 2020.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="font-weight: bold; vertical-align: middle; text-align: right">P&amp;L</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 49%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right; width: 16%">12/31/2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right; width: 16%">12/31/2019</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right; width: 16%">12/31/2018</TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Short-term benefits for employees and officers</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40,522</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37,452</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32,848</TD>
    </TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Post-employment benefits</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;111</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;109</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105</TD>
    </TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40,633</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37,561</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32,953</TD>
    </TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>



<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 194 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->63<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">22.e)</TD><TD STYLE="text-align: justify">Guarantees</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company is liable for guarantees of its subsidiaries
and joint ventures as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center">Currency</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center">Maturities</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Borrowings</TD>
    <TD COLSPAN="4" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center">Tax foreclosure</TD>
    <TD COLSPAN="4" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center">Others</TD>
    <TD COLSPAN="3" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 21%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center; width: 6%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center; width: 9%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 7%">12/31/2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 7%">12/31/2019</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 6%">12/31/2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 6%">12/31/2019</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 7%">12/31/2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 6%">12/31/2019</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 8%">12/31/2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 8%">12/31/2019</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Transnordestina Log&iacute;sitca</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">R$</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">Up to 09/19/2056 and Indefinite</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;2,478,105</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;2,428,194</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35,496</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37,406</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,298</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8,702</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2,516,899</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2,474,302</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="color: red; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">FTL - Ferrovia Transnordestina</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">R$</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">Up to 04/01/2021</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43,118</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43,118</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="color: red; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: left">Cia Metalurgica Prada&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">R$</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Indefinite</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;196</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;457</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;244</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;692</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="color: red; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">CSN Energia</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">R$</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">Up to 11/26/2023 and indefinite</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,141</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,920</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,920</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,920</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,061</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="color: red; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">CSN Minera&ccedil;&atilde;o</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">R$</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">Up to 12/21/2024</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;846,749</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;1,184,048</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;846,749</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,184,048</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="color: red; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Estanho de Rond&ocirc;nia&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">R$</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">7/15/2022</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,154</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,902</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,154</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,902</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="color: red; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Min&eacute;rios Nacional S.A.</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">R$</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Up to 09/10/2021</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,946</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4,544</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,946</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4,544</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="color: red; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle">Total in R$</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="color: red; font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;3,327,954</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;3,661,806</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35,692</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41,004</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,462</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10,857</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,369,108</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,713,667</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="color: red; font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">CSN Inova Ventures</TD>
    <TD STYLE="vertical-align: middle; text-align: center">US$</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">01/28/2028</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;1,300,000</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,300,000</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="color: red; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">CSN Islands XII</TD>
    <TD STYLE="vertical-align: middle; text-align: center">US$</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Perpetual</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;1,000,000</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;1,000,000</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,000,000</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,000,000</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="color: red; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">CSN Resources</TD>
    <TD STYLE="vertical-align: middle; text-align: center">US$</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Up to 04/17/2026</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;1,525,000</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;1,958,603</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,525,000</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,958,603</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="color: red; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle">Total in US$</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="color: red; font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;3,825,000</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;2,958,603</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,825,000</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2,958,603</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="color: red; font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>CSN Steel S.L.</TD>
    <TD STYLE="text-align: center">EUR</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24,000</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24,000</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="color: red; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle">Total in EUR</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="color: red; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24,000</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24,000</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle">Total in R$</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="color: red; font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;19,877,378</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;12,033,973</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;19,877,378</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;12,033,973</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="color: red; font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;23,205,332</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;15,695,779</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35,692</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41,004</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,462</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10,857</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;23,246,486</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;15,747,640</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Transactions with related parties were carried
out by the Company on terms equivalent to those prevailing in market transactions, observing the price and the usual market conditions.
Therefore, these transactions are in conditions that are no less favorable for the Company than those negotiated with third-parties.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Transactions between the Parent and its subsidiaries
are eliminated and adjusted to ensure consistency with the practices adopted by the Parent.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company&#8217;s related parties are subsidiaries,
joint ventures, affiliates, shareholders and their related companies and the key personnel of the Company&#8217;s management</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">23.</TD><TD STYLE="text-align: justify">SHAREHOLDERS&acute; EQUITY</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">23.a)</TD><TD STYLE="text-align: justify">Paid-in capital</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">The fully subscribed and paid-in capital on December
31, 2020 R$6,040 million (R$4,540 million on December 31, 2019) is divided into 1,387,524,047 common and book-entry shares, with no par
value. Each common share entitles its holder to one vote in the resolutions of the General Meetings.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-right: 0; margin-left: 0">The Board of Directors, at a meeting held on February
22, 2021, approved the capitalization of part of the Income Reserve, in the amount of R$1,500 million, without changing the number of
shares, increasing the Company&#8217;s capital to R$6,040 million .</P>




<!-- Field: Page; Sequence: 195 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->64<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">23.b)</TD><TD STYLE="text-align: justify">Authorized capital</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company&#8217;s bylaws in effect on December
31, 2020 define that the share capital may be increased to up to 2,400,000,000 shares, by decision of the Board of Directors.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">23.c)</TD><TD STYLE="text-align: justify">Legal Reserve</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">It is constituted at the rate of 5% of the net
income calculated in each fiscal year pursuant to art. 193 of Law 6.404/76, up to a limit of 20% of the capital stock.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">23.d)</TD><TD STYLE="text-align: justify">Ownership structure</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="line-height: 115%">As of December
31, 2020, the Company&#8217;s ownership structure was as follows</FONT> :</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 26%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; width: 13%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 12%">12/31/2020</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; width: 13%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 9%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 12%">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Number of common shares</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">% of total shares</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">% of voting capital</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Number of common shares</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">% of total shares</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">% of voting capital</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Vicunha A&ccedil;os S.A. (*)</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">679,522,254</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">48.97%</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">49.24%</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">679,522,254</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">48.97%</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">49.24%</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: middle">Rio Iaco Participa&ccedil;&otilde;es S.A. (*)</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">58,193,503</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">4.19%</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">4.22%</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">58,193,503</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">4.19%</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">4.22%</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">NYSE (ADRs)</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">248,763,533</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">17.93%</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">18.02%</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">262,206,103</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">18.90%</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">19.00%</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: middle">Other shareholders</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">393,635,257</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">28.37%</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">28.52%</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">380,192,687</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">27.40%</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">27.55%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold">Outstanding shares</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;1,380,114,547</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">99.47%</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">100.00%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;1,380,114,547</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">99.47%</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">100.00%</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: middle">Treasury shares</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">7,409,500</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: right">0.53%</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">7,409,500</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: middle; text-align: right">0.53%</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold">Total shares</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;1,387,524,047</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">100.00%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;1,387,524,047</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">100.00%</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>



<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(*) Controlling group companies.</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">23.e)</TD><TD STYLE="text-align: justify">Treasury shares</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">As of December 31, 2020, the position of treasury
shares was as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 7%">Program</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 11%">Board&rsquo;s Authorization</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 10%">Authorized quantity</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 24%">Program period</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 9%">Average buyback price</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 12%">Minimum and maximum buyback price</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 11%">Sale of shares</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center; width: 9%">Balance in treasury</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">04/20/2018</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;30,391,000</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">From 4/20/2018 to 4/30/2018</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-size: 8.5pt; text-align: center">Not applicable</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: center">Not applicable</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22,981,500</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;7,409,500</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">As of December 31, 2020, the position of treasury
shares was as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="3" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center">Quantity purchased (in units)</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center">Amount paid for the shares</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD COLSPAN="5" ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">Share price</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center">Share market price as of&nbsp;&nbsp;12/31/2020 (*)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Minimum</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Maximum</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Average</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: right; border-top-color: Black; border-top-width: 0.5pt; width: 22%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7,409,500</TD>
    <TD STYLE="text-align: left; width: 1%">&nbsp;</TD>
    <TD STYLE="font-size: 8.5pt; text-align: right; width: 16%">R$ 58,264</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-size: 8.5pt; text-align: right; width: 12%">&nbsp;R$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.48</TD>
    <TD STYLE="font-size: 8.5pt; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-size: 8.5pt; text-align: right; width: 10%">&nbsp;R$ 10.07</TD>
    <TD STYLE="font-size: 8.5pt; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-size: 8.5pt; text-align: right; width: 15%">&nbsp;R$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.86</TD>
    <TD STYLE="font-size: 8.5pt; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-size: 8.5pt; text-align: right; width: 20%">R$ 235,993</TD></TR>
  </TABLE>



<P STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">(*) The average share price on December 31, 2020
was used in the amount of R$31.85 per share.</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">23.f)</TD><TD STYLE="text-align: justify">Policy on investments and payment of interest on net equity and dividends</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company adopts a profit distribution policy
which, in compliance with the provisions of Law No. 6,404 / 76 as amended by Law No. 9,457 / 97, will imply the allocation of all net
income to its shareholders, provided that the following priorities are preserved, regardless of its order: (i) business strategy; (ii)
compliance with obligations; (iii) making the necessary investments; and (iv) the maintenance of a good financial situation for the Company.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">23.g)</TD><TD STYLE="text-align: justify"><FONT STYLE="line-height: 115%">Earnings per share</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The earnings per share are shown below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 196 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->65<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 46%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 17%">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; vertical-align: middle; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 17%">12/31/2019</TD>
    <TD STYLE="border-top: Black 0.5pt solid; vertical-align: middle; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 18%">12/31/2018</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">Common Shares</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Profit for the year</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;3,794,295</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;1,789,067</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;&nbsp;5,074,136</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Weighted average number of shares</TD>
    <TD STYLE="text-align: right">1,380,114,547</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,380,114,547</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,373,250,595</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Basic and diluted earnings (loss) per share</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;2.74926</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;1.29632</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;3.69498</TD></TR>
  </TABLE>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Share Capital</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Incremental costs directly attributable to the
issue of new shares or options are shown in equity as a deduction from the amount raised, net of taxes.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Earnings/(loss) per share</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Basic earnings per share is calculated using the
net income for the year attributable to the Company&#8217;s controlling shareholders and the weighted average number of outstanding common
shares in the respective period. Diluted earnings per share is calculated using the aforementioned average of outstanding shares, adjusted
by instruments potentially convertible into shares, with a dilutive effect, in the periods presented. The Company does not have potential
instruments convertible into shares and, consequently, the diluted and basic earnings per share are the same.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Treasury shares</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">When the Company purchases shares of the capital
stock of the Company itself (treasury shares), the amount paid, including any directly attributable additional costs (net of income tax),
is deducted from the shareholders&#8217; equity attributable to the shareholders of the Company until the shares are canceled or reissued.
When such shares are subsequently reissued, any amounts received, net of any directly attributable additional transaction costs and the
respective income tax and social contribution effects, are included in the shareholders&#8217; equity attributable to the Company&#8217;s
shareholders.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Non-controlling interest and transactions</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company considers transactions with non-controlling
interests as transactions with owners of the Company&#8217;s assets. For non-controlling interests, the difference between any consideration
paid and the acquired portion of the carrying amount of the subsidiary's net assets is recorded in the shareholders' equity. Gains or
losses on disposals for non-controlling interests are also recorded directly in shareholders' equity.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">When the Company ceases to have control, any interest
held in the entity is remeasured at fair value, with the change in book value recognized in the income statement. The fair value is the
initial carrying amount for the subsequent accounting of the retained interest in an associate, a <I>joint venture</I> or a financial
asset. In addition, any amounts previously recognized in other comprehensive income related to that entity are accounted for as if the
Company had directly disposed of the related assets or liabilities. This means that the amounts previously recognized in other comprehensive
income are reclassified to income.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">24.</TD><TD STYLE="text-align: justify">Shareholders' Compensation</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company&#8217;s Bylaws provide for the distribution
of minimum dividends of 25% of the adjusted net income in accordance with the law, to the holders of their shares.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Dividends are calculated in accordance with the
bylaws and the Joint Stock Company Act. The profit destination for 2020 is shown below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 197 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->66<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-decoration: underline; font-weight: bold; width: 63%">Allocation of profit</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 17%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 19%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">12/31/2020</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Profit for the year</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,794,295</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;Capital reserve</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(189,715)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Profit for allocation</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,604,580</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Proposed destination:</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Mandatory minimum dividends</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(901,145)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Statutory reserve</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2,703,435)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3,604,580)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Weighted average number of shares</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,380,114,547</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Dividends for share</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.652949</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="text-decoration: underline; font-weight: bold">In current liabilities</TD>
    <TD STYLE="text-decoration: underline; font-weight: bold; text-align: center"><U>&nbsp;</U></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">Balance of dividends payable as December 31, 2019</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13,252</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Dividends paid in year</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12,414)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Proposed dividends in 2020 exercise</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;901,145</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Balance of dividends payable as December 31, 2020</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;901,983</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">At the Annual General
Meeting (AGM), the proposal for the allocation of profit presented in the financial statements will likely be approved.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">In accordance with article
33 of the Company&#8217;s Bylaws, at least 25% of the net income for the year, adjusted under the terms of article 202 of Law No. 6,404
/ 76, will be distributed as dividends in each fiscal year, which will be reflected in current liabilities. In addition, the Board of
Directors may pay interest on net equity by allocating the amount of interest paid or credited to the minimum mandatory dividend mentioned
above. If the Company reports a dividend higher than the mandatory minimum in the allocation proposal, this amount is highlighted in a
specific account in shareholders&#8217; equity under &#8220;Proposed Additional Dividend&#8221;. At the Annual Shareholders&#8217; Meeting
(AGM), the resolution on the proposal for allocation in the financial statement will be made.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">25.</TD><TD STYLE="text-align: justify">NET REVENUE FROM SALES</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Net sales revenue is as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 43%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 18%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 18%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 18%">&nbsp;Consolidated&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: Black; border-top-width: 0.5pt">12/31/2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right; border-top-color: Black; border-top-width: 0.5pt; background-color: white">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: Black; border-top-width: 0.5pt">12/31/2019</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2018</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Gross revenue</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 12px; text-align: left">Domestic market</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;16,652,801</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;14,220,420</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;14,752,901</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Foreign market</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;17,396,259</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;14,663,297</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;11,817,559</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;&nbsp;34,049,060</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;&nbsp;28,883,717</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;&nbsp;26,570,460</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Deductions&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Sales returns, discounts and rebates</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(248,821)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(325,794)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(234,851)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Taxes on sales</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(3,736,219)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(3,121,506)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(3,366,724)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(3,985,040)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(3,447,300)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(3,601,575)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Net revenue</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right">&nbsp;&nbsp;30,064,020</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right">&nbsp;&nbsp;25,436,417</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right">&nbsp;&nbsp;22,968,885</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>



<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><B>a)</B></TD><TD STYLE="text-align: justify"><B>Nature of goods and services.</B></TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company generates revenue from (i) the production
and sale of steel, cement and iron ore, (ii) the provision of maritime freight services, in the case of iron ore export sales, and rail
and port logistics services and (iii) sales of energy.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 198 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->67<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><B>b)</B></TD><TD STYLE="text-align: justify"><B>Timing of revenue recognition.</B></TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company recognizes revenue once all of the
following conditions are satisfied:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Identification
of the contract for sale of goods or provision of services;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Identification
of the performance obligations;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Determination
of the contract value;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Determination
of the value allocated to each performance obligation included in the contract; and</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Revenue
recognition over time or at the time the performance obligations are completed.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In the case of sales of goods, performance obligations
are usually completed upon delivery of the goods to the destination specified by customers, which may be customers&#8217; warehouses or,
in the case of iron ore export sales, when the product is loaded on the ship. In certain cases, judgment may be required to determine
when performance obligations are completed, based on the following indicators:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">I.</TD><TD STYLE="text-align: justify">Whether the customer has the significant risks and rewards of ownership and has the ability to direct
the use of, and obtain substantially all of the remaining benefits from, the good; and</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">II.</TD><TD STYLE="text-align: justify">Whether the customer has a present obligation to pay in accordance with the terms of the sales contract.</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accordingly, the Company discloses revenue from
each of its business segments as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Steel:</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company recognizes revenues from sales of steel
products when control of the product passes to customers, which may be either upon delivery of the goods to the destination specified
by customers or when the customer picks up the goods for delivery, depending on whether the customer contracts logistics services from
the Company.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Cement</B>:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company recognizes revenues from sales of cement
when control of the product passes to customers, which may be either upon delivery of the goods to the destination specified by customers
or when the customer picks up the goods for delivery, depending on whether the customer contracts logistics services from the Company.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Mining:</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company recognizes revenues from sales of iron
ore when control of the product passes to customers, which generally occurs, in the case of export sales, when the product is loaded on
the ship and, in the case of domestic sales, when the product is loaded on the train.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Iron ore export sales pursuant to the Incoterms
&#8220;Cost, Insurance and Freight &#8211; CIF&#8221; and &#8220;Cost and Freight &#8211; CFR&#8221; include maritime freight service
embedded in the same invoice. In this case, the performance obligation of the maritime freight service is considered separately from the
shipment of iron ore and the Company recognizes revenue from the provision of this service upon delivery of the goods to the destination
specified by customers.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Logistics:</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Rail logistics services. The Company&#8217;s rail
logistics services are provided by its subsidiary Ferrovia Transnordestina Log&iacute;stica S.A. (&#8220;FTL&#8221;). The Company recognizes
revenues from rail logistics services when the performance obligation, which is the contracted service, is completed, which occurs upon
delivery of the goods to the destination specified by customers.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Port logistics services. The Company&#8217;s port
logistics services, which comprise handling of containers and storage, are provided by its subsidiary Sepetiba Tecon S.A. (&#8220;TECON&#8221;).
The Company recognizes revenues from port logistics services when the performance obligation is completed. In the case of handling of
containers, the performance obligation comprises the pool of services contracted. In the case of storage services, each month of storage
represents a performance obligation and, consequently, the Company recognizes revenue on a monthly basis.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Energy:</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company recognizes revenues from sales of
energy that it has not used in its operations. This excess energy is made available through the public network and the Chamber of Electric
Energy Commercialization (C&acirc;mara de Comercializa&ccedil;&atilde;o de Energia El&eacute;trica), which is the governmental agency
responsible for managing the network, redirects the energy to the electric system and, on a monthly basis, informs the Company of the
amount of energy that was redirected to the electric system. Accordingly, the Company issues its invoice to this governmental agency
and simultaneously recognizes the revenue from the sale of energy.</P>
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>


<!-- Field: Page; Sequence: 199 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->68<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company&#8217;s only variable consideration
arises when iron ore is provisionally priced and there is a difference with the final price, which depends on future index prices. In
this case, the Company initially recognizes revenue based on the applicable forward market price and then accounts for any eventual adjustment
based on the final price. The period between provisional pricing and final invoicing is typically between 60 and 120 days.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Where the Company has contracts with unfulfilled
performance obligations at the end of a fiscal period, it discloses the transaction price allocated to these performance obligations.
The Company does not disclose this information for contracts with an expected duration of one year or less.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company presents revenues on a consolidated
basis in its income statement and by segment in the explanatory note 29 - Segment Information.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><B>c)</B></TD><TD STYLE="text-align: justify"><B>Payment terms.</B></TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Generally, all sales of goods and provisions of
services are payable within 30 days of the invoice date.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">26.</TD><TD STYLE="text-align: justify">EXPENSES BY NATURE</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 18pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 46%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 17%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 17%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 17%">&nbsp;Consolidated&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">12/31/2019</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">12/31/2018</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Raw materials and inputs</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(6,928,517)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(7,287,933)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(6,759,275)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">Labor cost</TD>
    <TD STYLE="font-style: italic; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(3,187,428)</TD>
    <TD STYLE="font-style: italic; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(2,807,280)</TD>
    <TD STYLE="font-style: italic; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(2,743,460)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Supplies</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(2,150,452)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,981,547)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,782,576)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Maintenance cost (services and materials)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,340,255)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,340,135)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,326,894)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Outsourcing services</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(2,217,657)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(2,392,626)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(2,368,387)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Freight</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(216,506)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(334,509)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(109,756)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Distribution freight</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,421,079)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,787,979)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,692,785)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Depreciation, amortization and depletion</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(2,421,458)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,421,704)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,175,107)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Others</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,750,424)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(763,421)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(905,128)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-style: italic; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-style: italic">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">(21,633,776)</TD>
    <TD STYLE="font-weight: bold; font-style: italic">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">(20,117,134)</TD>
    <TD STYLE="font-weight: bold; font-style: italic">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">(18,863,368)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: bottom">Classified as:</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">Cost of sales</TD>
    <TD STYLE="font-style: italic; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(19,124,901)</TD>
    <TD STYLE="font-style: italic; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(17,263,264)</TD>
    <TD STYLE="font-style: italic; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(16,105,657)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Selling expenses</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(2,004,417)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(2,342,805)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(2,263,688)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">General and administrative expenses</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(504,458)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(511,065)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(494,023)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-style: italic; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-style: italic">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">(21,633,776)</TD>
    <TD STYLE="font-weight: bold; font-style: italic">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">(20,117,134)</TD>
    <TD STYLE="font-weight: bold; font-style: italic">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">(18,863,368)</TD></TR>
  </TABLE>
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 18pt; text-align: justify"><B></B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The depreciation, amortization and depletion additions
for the period were distributed as follows.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 41%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 19%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 19%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 19%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">12/31/2020</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">12/31/2019</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">12/31/2018</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Production costs <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(2,374,046)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,385,306)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,145,793</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Selling expenses</TD>
    <TD STYLE="text-align: right">&nbsp;(13,978)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(11,539)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;5,850</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>General and administrative expenses</TD>
    <TD STYLE="text-align: right">&nbsp;(33,434)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(24,859)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">23,464</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;&nbsp;(2,421,458)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;&nbsp;(1,421,704)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;1,175,107</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Other operational <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;(95,270)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(97,627)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">97,914</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(2,516,728)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(1,519,331)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;1,273,021</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm">(1) The Company&#8217;s iron ore extraction
in 2020 started using dry waste filtering and stacking in 100% of its production process. As a normal consequence of the operation, the
use of dams has become obsolete, and consequently, the assets of dams reached the end of their useful lives on December 31, 2020. As a
result of the technical and functional obsolescence of the dams, the book balance of these assets in their entirety, (R$515,491), was
fully depreciated in 2020 and appropriated to the cost of production. The cost of production includes PIS and COFINS credits on lease
agreements on December 31, 2020, in the amount of R$5,335.</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm">(2) They mainly refer to the
depreciation of investment properties, paralyzed equipment and amortization of the SWT Client Portfolio, see note 27.</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 200 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->69<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">27.</TD><TD STYLE="text-align: justify">OTHER OPERATING INCOME AND EXPENSES</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 55%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; width: 14%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; width: 14%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; width: 14%">&nbsp;Consolidated&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: Black; border-top-width: 0.5pt">12/31/2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: Black; border-top-width: 0.5pt">12/31/2019</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">12/31/2018</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Other operating income</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Receivables by indemnity <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;245,945</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">56,180</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">46,256</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Rentals and leases</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;9,096</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;9,462</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;5,430</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Dividends received</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;1,197</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">32,747</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;9,188</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">PIS, COFINS and INSS to compensate <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;120,452</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;123,677</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,102,365</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Contractual fines</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;4,783</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;4,486</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;3,965</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Actuarial pension plan</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">55,695</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">47,151</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">20,983</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Updated shares &ndash; Fair Value through profit or loss (VJR)&nbsp;&nbsp;(Note 14II)</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">12,579</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,655,813</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Contractual agreement <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(5)</SUP></FONT></TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;131,817</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Other revenues</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">32,747</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">98,250</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">27,749</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;482,494</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;503,770</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;4,036,043</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;-</TD>
    <TD STYLE="font-weight: bold; font-style: italic">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;-</TD>
    <TD STYLE="font-weight: bold; font-style: italic">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;-</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">&nbsp;Other operating expenses&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; text-align: left">Taxes and fees</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(46,338)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(95,873)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(26,197)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left">Expenses with environmental liabilities, net</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">16,151</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(82,669)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(60,311)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Write-off/(Provision) of judicial lawsuits</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(130,869)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(19,685)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(113,549)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Contractual fines</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right"></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(106,926)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(104,086)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Depreciation of equipment paralyzed and amortization of intangible assets (note 26)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(95,270)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(97,627)</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(97,914)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Write- off of PP&amp;E and intangible assets (note 10, 11 and 12)&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(13,130)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(114,603)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(27,260)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Estimated (Loss)/reversal in inventories</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(179,012)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(136,827)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(149,704)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Idleness in stocks and paralyzed equipment <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(3)</SUP></FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(303,975)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(546,968)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right"></TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Studies and project engineering expenses</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(27,137)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(26,171)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(33,738)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Research and development expenses</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(620)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(1,741)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(2,688)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Healthcare plan expenses</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(117,193)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(119,560)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(108,369)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Cash flow hedge realized (Note 14 b)<FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(4)</SUP></FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(1,951,035)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(790,353)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(370,191)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Updated shares &ndash; Fair value through profit or loss (Note 14II)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"></TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(118,780)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right"></TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Other expenses</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(421,628)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(149,068)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(218,701)</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;&nbsp;(3,270,056)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;&nbsp;(2,406,851)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;&nbsp;(1,330,706)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double">&nbsp;Other operating income (expenses), net&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(2,787,562)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(1,903,081)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;2,705,337</TD></TR>
  </TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">1.</TD><TD STYLE="text-align: justify">In June 2020, the Company received R$84,435 of indemnity after a court decision, of which R$58,785 for
rent arrears arising from one of its investment properties and R$25,650 relating to an action for the collection of insurance for material
damage caused by contractor in the construction of the long steel plant. Additionally, in June, the principal amount was recognized in
the amount of R$147,612 of receivables for indemnity (see note 9).</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% arial; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">2.</TD><TD STYLE="text-align: justify">In 2020, consist of the recovery of INSS credit on benefits granted to employees that should not be considered
in the contribution calculation basis. In 2019, this is the exclusion of ICMS from the PIS and COFINS calculation basis.</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">3.</TD><TD STYLE="text-align: justify">Refers to the idle capacity arisen from production volumes lower than normal it was generated from the
refurbishment of the blast furnace No.3 and in the iron ore mining operation due to delays in the release of environmental licenses, which
postponed the start of new ore mining fronts, as well as new dry tailing processes still in ramp-up stage.</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 14.2pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">4.</TD><TD STYLE="text-align: justify">As of December 31, 2020, foreign exchange cash flow hedge was realized and reclassified from Other Comprehensive
Income to Other Operating Expenses (R$1,667,886), as well as cash flow hedge of PLATTS index (R$283,149), totaling R$1,951,035 of hedge
realization in the year. See note 14.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 35.4pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7pt/115% Arial; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 14.2pt">5.</TD><TD STYLE="text-align: justify">Referring to the contractual agreement signed for the supply of new equipment.</TD></TR></TABLE>



<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 201 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->70<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">28.</TD><TD STYLE="text-align: justify">FINANCIAL INCOME (EXPENSES)</TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 55%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 14%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 14%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 14%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">12/31/2020</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">12/31/2019</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">12/31/2018</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Financial income</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Related parties (note 22 b)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">51,124</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">79,228</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">64,888</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: left">Income from financial investments</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">58,061</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">93,471</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;111,235</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">Updated shares &ndash; Fair value through profit or loss (Note 14 II) <FONT STYLE="font: normal 400 8pt Arial, Helvetica, Sans-Serif"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;1,190,489</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;-</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;-</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Other income (2)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;503,054</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;206,343</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,134,391</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;1,802,728</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;379,042</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;1,310,514</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Financial expenses</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">Borrowings and financing - foreign currency (note 13 b)</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(1,600,973)</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(1,128,520)</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(988,821)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: left">Borrowings and financing - local currency (note 13 b)</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(401,079)</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(867,785)</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(1,020,867)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">Related parties</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(13,608)</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(14,939)</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(16,092)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: left">Lease liabilities</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(50,804)</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(49,118)</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;-</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">Capitalised interest (notes 11 and 33)</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">92,506</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;117,189</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">71,611</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: left">Interest and fines</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(290,673)</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(158,794)</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(71,100)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">(-) Adjustment present value of trade payables</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(139,566)</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;-</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;-</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: left">Commission, bank fees, Guarantee and bank fees</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(162,085)</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(217,784)</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(182,179)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">PIS/COFINS over financial income</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(39,149)</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(25,176)</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(84,404)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Other financial expenses</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(270,764)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(217,864)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">19,614</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(2,876,195)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(2,562,791)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(2,272,238)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; text-align: left">Others financial items, net</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: left">Foreign exchange and monetary variation, net</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;392,971</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">47,579</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(533,918)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Gains and (losses) on exchange derivatives (*)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(115,815)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;4,986</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(1)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;277,156</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">52,565</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(533,919)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right">&nbsp;&nbsp;(2,599,039)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right">&nbsp;&nbsp;(2,510,226)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2pt double; font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Financial income (expenses), net</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(796,311)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(2,131,184)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(1,495,643)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD COLSPAN="3" STYLE="font-weight: bold; vertical-align: middle">(*) Statement of gains and (losses) on derivative transactions (note 14)</TD>
    <TD STYLE="vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Exchange rate swap Dollar x Euro&nbsp;</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(9,070)</TD>
    <TD STYLE="color: red; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;783</TD>
    <TD STYLE="color: red; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(1)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Exchange rate swap GBP x Euro&nbsp;</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(602)</TD>
    <TD STYLE="color: red; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"></TD>
    <TD STYLE="color: red; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"></TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Exchange rate swap CDI x Dollar&nbsp;</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(106,143)</TD>
    <TD STYLE="color: red; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;4,203</TD>
    <TD STYLE="color: red; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"></TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(115,815)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;4,986</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;(1)</TD></TR>
  </TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 7pt/115% Arial; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"><FONT STYLE="line-height: 115%">(1)</FONT></TD><TD STYLE="text-align: justify">It refers to the appreciation of Usiminas&#8217; shares in the amount of R$1,190,489 as of December31,
2020. As of December 31, 2019, Usiminas&#8217; shares were reclassified to financial investments and their pricing fluctuation started
to be recognized in the financial result.</TD></TR></TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 18pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 7pt/115% Arial; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"><FONT STYLE="line-height: 115%">(2)</FONT></TD><TD STYLE="text-align: justify">It mainly refers to the recognition of the exclusion of ICMS in the PIS and COFINS calculation base in
the amount of R$81,758 on December 31, 2020 (R$160,609 on December 31, 2019) in the Consolidated, and updating in the amount of R$369,571
of receivables for indemnity (see note 9).</TD></TR></TABLE>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.4pt">&nbsp;</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 35.4pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">29.</TD><TD STYLE="text-align: justify">SEGMENT INFORMATION</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">According to the Company&#8217;s structure, the
businesses are distributed and managed in five operating segments as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT>Steel</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Steel Segment consolidates all the operations
related to the production, distribution and sale of flat steel, long steel, metallic containers and galvanized steel, with operations
in Brazil, United States, Portugal and Germany. The Segment supplies the following markets: construction, steel containers for the Brazilian
chemical and food industries, home appliances, automobile and OEM (motors and compressors). The Company&#8217;s steel units produce hot
and cold rolled steel, galvanized and pre-painted steel of great durability. They also produce tinplate, a raw material used to produce
metallic containers.</P>
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>


<!-- Field: Page; Sequence: 202 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->71<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Overseas, Lusosider, which is based in Portugal,
produces cold rolled steel and galvanized steel. CSN LLC in the U.S.A. meets local market needs, import and export of steel products.
In January 2012, CSN acquired Stahlwerk Th&uuml;ringen (SWT), a manufacturer of long steel located in Unterwellenborn, Germany. SWT is
specialized in the production of shapes used for construction.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In January 2014 the production of long steel products
started in Brazil and consolidates the company as a source of complete construction solutions, complementing its portfolio of products
with high value added in the steel chain.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT>Mining</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">This segment encompasses the activities of iron
ore and tin mining.</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The high-quality iron ore operations are located
in the Iron Quadrilateral in Minas Gerais, which has its own mines and sells third party iron ore.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">At the end of 2015, CSN and the Asian Consortium
formalized a shareholders' agreement for the combination of assets linked to iron ore operations and the related logistics structure,
forming a new company that has focused in mining of the Group activities from December 2015. In this context, the new company, currently
named CSN Minera&ccedil;&atilde;o S.A., holds the TECAR arraignment, the Casa de Pedra mine and all the shares of Namisa, which was incorporated
on December 31, 2015. CSN still owns 100% of Min&eacute;rios Nacional which includes the mines of Fernandinho (operational), Cayman and
Pedras Pretas (mineral resources), all located in Minas Gerais.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Moreover, CSN controls the Estanho de Rond&ocirc;nia
S.A., a company with mining units and tin casting, in the state of Rond&ocirc;nia.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT>Logistics</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">i. Railway</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">CSN has equity interests in three railroad companies:
MRS Log&iacute;stica, which manages the former Southeast Network of Rede Ferrovi&aacute;ria Federal S.A. (RFFSA), Transnordestina Log&iacute;stica
S.A. and FTL - Ferrovia Transnordestina Log&iacute;stica S.A., which has the concession to operate the former Northeast Network of the
RFFSA in the states of Maranh&atilde;o, Piau&iacute;, Cear&aacute;, Rio Grande do Norte, Para&iacute;ba, Pernambuco and Alagoas.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">a) MRS</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The railroad transportation services provided by
MRS are fundamental to the supply of raw materials and the shipment of final products. The total amount of iron ore, coal and coke consumed
by the Presidente Vargas Mill as well as part of the steel produced by CSN for the domestic market and for export are carried by MRS.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Southeast Brazilian railroad system, encompassing
1,674 kilometers of tracks, serves the tri-state industrial area of S&atilde;o Paulo-Rio de Janeiro-Minas Gerais, in the southeast region,
linking the mines located in Minas Gerais to the ports located in S&atilde;o Paulo and Rio de Janeiro, and the steel mills of CSN, Companhia
Sider&uacute;rgica Paulista, or Cosipa, and Gerdau A&ccedil;ominas. Besides serving other customers, the railroad system carries iron
ore from the Company&#8217;s mines in Casa de Pedra, Minas Gerais, and coke and coal from the Itagua&iacute; Port, in Rio de Janeiro,
to Volta Redonda, and carries CSN&#8217;s export products to the ports of Itagua&iacute; and Rio de Janeiro.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">b) TLSA and FTL</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">TLSA and FTL hold the concession for the former
Malha Nordeste by RFFSA. The northeastern railway system covers 4,238 km of railway network divided into two sections: i) Mesh I, which
integrates the sections of S&atilde;o Luiz - Mucuripe, Arrojado - Recife, Itabaiana - Cabedelo, Paula Cavalcante - Macau - and Propri&aacute;
- Jorge Lins (Mesh I); and ii) Malha II, which includes the sections of Miss&atilde;o Velha - Salgueiro, Salgueiro - Trindade, Trindade
- Eliseu Martins, Salgueiro - Porto de Suape and Miss&atilde;o Velha - Porto de Pec&eacute;m.</P>
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>


<!-- Field: Page; Sequence: 203 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->72<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm">In addition, it connects to the
main ports in the region, thereby offering an important competitive advantage through opportunities for combined transport solutions and
tailor-made logistics projects.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">ii. Port</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The port logistics segment consolidates the terminal&#8217;s
operation from Sepetiba built after the port modernization law (Law 8.630 / 1993) that allowed the transfer of port activities to the
private sector. The Sepetiba terminal has a complete infrastructure to meet all the needs of exporters, importers and shipowners. Its
installed capacity exceeds that of most Brazilian terminals. It has cribs and a large storage area, as well as the most modern and adequate
equipment, systems and intermodal connections.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company&#8217;s constant investment in terminal
projects consolidates the Itagua&iacute; Port Complex as one of the most modern in the country.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Energy</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">CSN is one of the largest industrial consumers
of electric energy in Brazil. As energy is fundamental in its production process, the Company invests in electricity generation assets
to guarantee its self-sufficiency. These assets are: It&aacute; Hydroelectric Plant, located in the State of Santa Catarina, with a capacity
of 1,450 MW, in which CSN participates with 29.5%; Igarapava Hydroelectric Plant, located in Minas Gerais, with a capacity of 210 MW,
in which CSN holds 17.9% of the capital; and 238 MW thermoelectric cogeneration plant, in operation at the Presidente Vargas Steelworks
since 1999, which uses waste gas from the steel production itself as fuel.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Cement</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Cement segment consolidates the production,
sale and distribution of cement using slag that is produced by the blast furnaces of the Presidente Vargas Steelworks, in Volta Redonda
/ RJ.</P>

<P STYLE="font: 9pt/120% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 9pt/120% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The clinker production is located in Arcos / MG,
using limestone from its own mine and also two cement mills in addition to the mills that already operate in Volta Redonda / RJ.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The information presented to Management regarding
the performance of each segment is generally derived directly from accounting records combined with some intercompany allocations.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Sales by geographic area</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Sales by geographic area are determined based on
the customers&#8217; location. On a consolidated basis, domestic sales are represented by revenues from customers located in Brazil and
export sales are represented by revenues from customers located abroad.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Results by segment</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">For the purpose of preparing and presenting the
information by business segment, Management decided to maintain the proportional consolidation of the joint ventures as historically presented.
For purposes of reconciliation of the consolidated result, the amounts recorded by these companies are not included in the &quot;Corporate
expenses/elimination&quot; column.</P>


<!-- Field: Page; Sequence: 204 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->73<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 28%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; width: 8%">12/31/2020</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">P&amp;L</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Steel</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Mining&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top-color: Black; border-top-width: 0.5pt; text-align: center">Logistics</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Energy</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Cement</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center; border-top-color: Black; border-top-width: 0.5pt"><P STYLE="margin-top: 0; margin-bottom: 0">Corporate</P>
                                                                                                                                                                              <P STYLE="margin-top: 0; margin-bottom: 0">expenses/</P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">elimination</P></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Consolidated</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Port</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Railroads</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Net revenue (note 25)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;16,602,895</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;12,683,231</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">256,371</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,489,647</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;172,859</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;858,192</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,999,175)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;30,064,020</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Cost of sales and services (note 26)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(14,170,692)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(5,531,763)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(187,860)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(1,094,130)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(128,227)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(647,132)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;2,634,903</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(19,124,901)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Gross profit</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,432,203</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">7,151,468</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;68,511</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">395,517</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">44,632</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;211,060</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;635,728</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;10,939,119</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>General and administrative expenses (note 26)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(922,862)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(179,806)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(21,949)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(114,970)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(30,243)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(88,232)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,150,813)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(2,508,875)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Other operating (income) expenses, net (note 27)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(392,061)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(665,881)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(5,420)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;52,569</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(2,967)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(44,893)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,728,909)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(2,787,562)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Equity in results of affiliated companies (note 10)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">71,755</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;71,755</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Operating result before Financial Income and Taxes</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">1,117,280</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">6,305,781</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;41,142</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">333,116</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">11,422</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">77,935</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(2,172,239)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">5,714,437</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Sales by geographic area</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Asia</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">7,461,791</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;1,144,614</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">8,606,405</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>North America</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">922,299</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">922,299</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">Latin America</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">327,900</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;995</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">328,895</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Europe</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">3,627,011</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">3,688,851</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">7,315,862</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Others</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;4,346</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;4,346</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Foreign market</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,881,556</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;11,150,642</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"></TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;995</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;1,144,614</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;17,177,807</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Domestic market</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;11,721,339</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,532,589</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">256,371</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,489,647</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;172,859</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;857,197</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;(3,143,789)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;12,886,213</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Total</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;16,602,895</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;12,683,231</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">256,371</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">1,489,647</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;172,859</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;858,192</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(1,999,175)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;30,064,020</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center">P&amp;L</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Steel</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Mining&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top-color: Black; border-top-width: 0.5pt; text-align: center">Logistics</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Energy</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Cement</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center; border-top-color: Black; border-top-width: 0.5pt"><P STYLE="margin-top: 0; margin-bottom: 0">Corporate</P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">expenses/</P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">elimination</P></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Consolidated</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Port</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Railroads</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Net revenue (note 25)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;13,949,032</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;10,027,649</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">240,451</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,321,355</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;325,343</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;570,805</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(998,218)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;25,436,417</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Cost of sales and services (note 26)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(12,962,861)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(4,396,247)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(173,344)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(1,030,210)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(266,754)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(607,719)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;2,173,871</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(17,263,264)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Gross profit</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">986,171</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">5,631,402</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;67,107</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">291,145</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">58,589</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;(36,914)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;1,175,653</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">8,173,153</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>General and administrative expenses (note 26)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(834,977)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(186,189)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(34,560)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(109,770)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(29,034)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(91,466)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,567,874)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(2,853,870)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Other operating (income) expenses, net (note 27)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(1,055,190)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(218,009)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(3,860)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">147,155</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(1,486)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(40,630)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(731,061)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(1,903,081)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Equity in results of affiliated companies (note 10)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;125,715</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">125,715</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD COLSPAN="2" STYLE="font-weight: bold">Operating result before Financial Income and Taxes</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;(903,996)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">5,227,204</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;28,687</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">328,530</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">28,069</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(169,010)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(997,567)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">3,541,917</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">Sales by geographic area</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Asia</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;2,980</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">6,742,946</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;1,463,870</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">8,209,796</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>North America</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">767,977</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">767,977</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">Latin America</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">169,036</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">169,036</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Europe</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,978,994</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,357,867</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">5,336,861</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Others</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;2,046</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;2,046</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Foreign market</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,921,033</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">9,100,813</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"></TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"></TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;1,463,870</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;14,485,716</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Domestic market</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;10,027,999</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">926,836</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">240,451</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,321,355</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;325,343</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;570,805</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;(2,462,088)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;10,950,701</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Total</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;13,949,032</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;10,027,649</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">240,451</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">1,321,355</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;325,343</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;570,805</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(998,218)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;25,436,417</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; width: 28%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid; text-align: right; width: 8%">12/31/2018</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center">P&amp;L</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Steel</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Mining&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top-color: Black; border-top-width: 0.5pt; text-align: center">Logistics</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Energy</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Cement</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center; border-top-color: Black; border-top-width: 0.5pt"><P STYLE="margin-top: 0; margin-bottom: 0">Corporate</P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">expenses/</P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">elimination</P></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt">Consolidated</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Port</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Railroads</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Net revenue (note 25)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;15,634,143</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">5,984,781</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">266,378</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,506,114</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;410,606</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;588,230</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,421,366)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;22,968,887</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Cost of sales and services (note 26)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(12,613,216)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(3,585,691)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(189,999)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(1,049,071)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(286,734)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(544,266)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;2,163,321</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(16,105,656)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Gross profit</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,020,927</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,399,091</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;76,378</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">457,043</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;123,872</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">43,965</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;741,956</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">6,863,231</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>General and administrative expenses (note 26)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(984,980)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(144,754)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(35,423)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(106,412)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(27,948)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(95,893)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(1,362,302)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(2,757,711)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Other operating (income) expenses, net (note 27)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,993,790</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(222,957)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(2,469)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(34,911)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(387)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;299</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;971,970</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,705,335</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Equity in results of affiliated companies (note 10)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;135,706</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">135,706</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD COLSPAN="2" STYLE="font-weight: bold">Operating result before Financial Income and Taxes</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">4,029,736</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">2,031,379</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;38,486</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">315,721</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">95,537</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;(51,628)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;487,330</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">6,946,561</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">Sales by geographic area</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Asia</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;40,681</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">4,422,377</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,297,258</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">5,760,316</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>North America</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,506,041</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,506,041</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="text-align: left">Latin America</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">369,830</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">369,830</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Europe</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">3,330,991</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">590,043</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">3,921,034</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Others</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;58,229</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right"></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;58,229</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Foreign market</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">5,305,771</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">5,012,420</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"></TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"></TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;1,297,258</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;11,615,450</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Domestic market</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;10,328,372</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">972,360</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">266,378</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,506,114</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;410,606</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;588,230</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;(2,718,623)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;11,353,437</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Total</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;15,634,143</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">5,984,781</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">266,378</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">1,506,114</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;410,606</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;588,230</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(1,421,366)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;22,968,887</TD></TR>
  </TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 205 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->74<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">An operating segment is a component of the Company
committed to business activities, from which it can earn revenue and incur expenses, including income and expenses related to transactions
with any other components of the Company. All operating results of operating segments are regularly reviewed by CSN&#8217;s Executive
Board to make decisions about the resources to be allocated to the segment and to evaluate its performance, and for which different financial
information is available.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">30.</TD><TD STYLE="text-align: justify">EMPLOYEE BENEFITS</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The pension plans granted cover substantially all
employees. The plans are managed by Caixa Beneficente dos Empregados de CSN (&#8220;CBS&#8221;), a private, non-profit pension fund established
in July 1960, which has as members (and former employees) who have joined the fund. through a membership agreement, in addition to CBS
employees themselves. The CBS Executive Board is made up of a president and two directors, all appointed by CSN, the main sponsor of CBS.
The Deliberative Council is the decision-making and superior guidance body of CBS, composed of the president and ten members, six of them
chosen by CSN and four of them elected by the participants.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Until December 1995, CBS Previd&ecirc;ncia managed
two defined benefit plans based on years of service, salary and social security benefits. On December 27, 1995, the then Supplementary
Pension Secretariat (&#8220;SPC&#8221;) approved the implementation of a new benefit plan, effective as of that date, called the Supplementary
Benefit Mixed Plan (&#8220;Mixed Plan&#8221;), structured under the form of a variable contribution plan, which has been closed to new
members since September 2013. As of that date, all new employees must join the CBSPrev Plan, structured in the form of defined contribution,
also created in September 2013.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The CBS guarantee funds are mainly invested in
repo operations (backed by federal government bonds), federal government bonds indexed to inflation, stocks, loans and real estate. As
of December 31, 2020, CBS held 4,450,652 CSN common shares (1,870,652 as of December 31, 2019). The entity&#8217;s total guarantee resources
totaled R$5.7 billion on December 31, 2020 (R$5.5 billion on December 31, 2019). CBS fund managers seek to combine plan assets with long-term
benefit obligations to be paid. Pension funds in Brazil are subject to certain restrictions related to their ability to invest in foreign
assets and, consequently, the funds invest primarily in securities in Brazil.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Guarantee Funds are considered to be the available
and investment assets of the Benefit Plans, not including the amounts of debts contracted with sponsors.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">For defined benefit plans, called &#8220;35% of
Average Salary&#8221; and &#8220;Supplementary Average Salary Plan&#8221;, the Company maintains a financial guarantee with CBS Previd&ecirc;ncia,
the entity that manages the aforementioned plans, in order to maintain the financial balance and actuarial, should any future actuarial
loss or actuarial gain occur.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In compliance with current legislation, specific
to the pension fund market, for the last 4 years ended (2017, 2018, 2019 and 2020), there was no need to pay installments by CSN, since
the benefit plans defined actuarial gains in the year.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">30.a)</TD><TD STYLE="text-align: justify">Description of pension plans</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><U>Plan of 35% of the average salary</U></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">This plan started on February 1, 1966 and is a
defined benefit plan, the purpose of which is to pay retirement benefits (length of service, special, disability or old age) for life,
equivalent to 35% of the adjusted average of the last 12 salaries of the participant. The plan also guarantees the payment of sickness
benefit to the participant licensed by the Official Social Security and also guarantees the payment of savings, death and monetary assistance.
This plan was deactivated on October 31, 1977, when the plan to supplement the average salary came into effect.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><U>Average salary supplementation plan</U></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">This plan started on November 1, 1977 and is a
defined benefit plan. Its objective is to complement the difference between the corrected average of the last 12 wages of the participant
and the benefit of the Official Social Security for retirements, also for life. As with the 35% plan, there is coverage for sickness benefit,
death benefit and pension benefits. This plan was deactivated on December 26, 1995, with the creation of the mixed supplementary benefit
plan.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 206 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->75<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><U>Mixed supplementary benefit plan</U></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Started on December 27, 1995, it is a variable
contribution plan. In addition to the programmed retirement benefit, payment of risk benefits (active pension, disability and sickness
/ accident benefits) is also provided. In this plan, the retirement benefit is calculated based on what was accumulated by the monthly
contributions of the participants and the sponsors, as well as the option of each participant in the form of receiving the same, which
can be for life (with or without continuity of pension for death) or by a percentage applied to the balance of the benefit-generating
fund (loss for an indefinite period). After retirement, the plan will have the characteristic of a defined benefit plan, if the participant
has opted to receive his benefit in the form of lifetime monthly income. This plan was deactivated on September 16, 2013, when the CBSPrev
plan came into effect.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><U>CBS Prev Plan</U></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">On September 16, 2013, the new CBSPrev pension
plan began, which is a defined contribution plan. In this plan, the retirement benefit is determined based on what has been accumulated
by the monthly contributions of participants and sponsors. The option of each participant to receive it can be: (a) receive a part in
cash (up to 25%) and the remaining balance, through monthly income for a percentage applied to the benefit generating fund, not being
applicable to death pension benefits, (b) receive only monthly income for a percentage applied to the benefit generating fund.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">With the creation of the CBSPrev plan, the Mixed
Supplementary Benefit Plan was deactivated for the entry of new participants as of September 16, 2013.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><U>CBSPREV Namisa Plan</U></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">It is a Defined Contribution plan with risk benefits
during the activity (projection of the balances in case of disability or death and sickness / accident benefits). It has been in operation
since January 6, 2012, when it was created to serve exclusively the employees of Nacional Min&eacute;rios S / A. After the corporate reorganization,
which took place in 2016, other Sponsors joined this Plan, among them, CSN Minera&ccedil;&atilde;o SA</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In this plan, all benefits offered are calculated
based on what has been accumulated by the monthly contributions of participants and sponsors and are paid through a percentage applied
to the balance of the benefit generating fund. The CBSPREV Namisa Plan has been closed to the entry of new participants since July 2017
and in 2020 the plan&#8217;s extinction process was finalized due to the total withdrawal of sponsorship.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">30.b)</TD><TD STYLE="text-align: justify">Investment policy</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The investment policy establishes the principles
and guidelines that should govern the investment of resources entrusted to the entity, with the objective of promoting the security, liquidity
and profitability necessary to ensure the balance between the plan&#8217;s assets and liabilities, based on the ALM study (<I>Asset Liability
Management</I>), which takes into account the benefits of the participants and beneficiaries of each plan.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The investment plan is reviewed annually and approved
by the Deliberative Council, considering a 5-year horizon, as established by CGPC resolution no. 7, of December 4, 2003. The investment
limits and criteria established in the policy are based on Resolution 4,661 / 18, published by the National Monetary Council (&#8220;CMN&#8221;).</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">30.c)</TD><TD STYLE="text-align: justify">Employee benefits</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The actuarial calculations are updated, at the
end of each year, by external actuaries and presented in the financial statements in accordance with IAS 19 - <I>Employee Benefits</I>.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 56%">&nbsp;</TD>
    <TD STYLE="width: 11%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 10%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 10%">Consolidated</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">12/31/2019</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">12/31/2019</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">Actuarial asset</TD>
    <TD STYLE="font-size: 10pt; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">Actuarial liabilities</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Benefits of pension plans&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(13,819)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(13,714)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;79,546</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;19,788</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Post-employment healthcare benefits</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">-</TD>
    <TD STYLE="vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;-</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;678,880</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;892,396</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">(13,819)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;(13,714)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;758,426</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;912,184</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The
reconciliation of assets and liabilities of employee benefits is presented below:</P>


<!-- Field: Page; Sequence: 207 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->76<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 62%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 12%">Consolidated</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">12/31/2020</TD>
    <TD STYLE="color: white">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">12/31/2019</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">12/31/2018</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Present value of defined benefit obligation</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;&nbsp;3,645,822</TD>
    <TD STYLE="color: white; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">3,581,460</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">3,087,433</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Fair value of plan assets</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(3,766,194)</TD>
    <TD STYLE="color: white; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(3,894,488)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(3,403,906)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle">Deficit(Surplus)</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: right">(120,372)</TD>
    <TD STYLE="padding-left: 12px; color: white; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;(313,028)</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(316,473)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Restriction to actuarial assets due to recovery limitation</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;&nbsp;186,099</TD>
    <TD STYLE="padding-left: 12px; color: white; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">319,102</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">224,561</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Liabilities (Assets), net</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;65,727</TD>
    <TD STYLE="color: white; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;6,074</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(91,912)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Liabilities</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;79,546</TD>
    <TD STYLE="color: white; font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;19,788</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;7,982</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Assets</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(13,819)</TD>
    <TD STYLE="color: white; font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(13,714)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(99,894)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Net (assets) recognized in the balance sheet</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;65,727</TD>
    <TD STYLE="color: white; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;6,074</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(91,912)</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The change in the present value of the defined
benefit obligation is shown below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 12px; text-align: left; width: 61%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 13%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 12%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 12%">Consolidated</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2020</TD>
    <TD STYLE="color: white; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2019</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2018</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Present value of obligations at the beginning of the year</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,581,460</TD>
    <TD STYLE="color: white; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;3,087,433</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;3,077,849</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Cost of service</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">968</TD>
    <TD STYLE="padding-left: 12px; color: white; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;1,093</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;1,169</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Interest cost</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;236,551</TD>
    <TD STYLE="padding-left: 12px; color: white; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">283,487</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">304,132</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Participant contributions made in the period</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">1,998</TD>
    <TD STYLE="padding-left: 12px; color: white; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;2,126</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Benefits paid</TD>
    <TD STYLE="padding-left: 12px; text-align: right">(278,960)</TD>
    <TD STYLE="color: white; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;(269,995)</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;&nbsp;(280,493)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Actuarial loss/(gain)</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;&nbsp;103,805</TD>
    <TD STYLE="color: white; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">477,316</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; text-align: right">&nbsp;(15,224)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Present value of obligations at the end of the year</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">3,645,822</TD>
    <TD STYLE="color: white; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;3,581,460</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;3,087,433</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="color: white; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The change in the fair value of the plan&rsquo;s assets is shown below:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right">Consolidated</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2020</TD>
    <TD STYLE="color: white; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2019</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2018</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Fair value of plan assets at the beginning of the year</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;(3,894,488)</TD>
    <TD STYLE="color: white; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;(3,403,906)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(3,305,356)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Interest income</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(257,946)</TD>
    <TD STYLE="padding-left: 12px; color: white; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(314,102)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(327,830)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom">Benefits Paid</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;278,960</TD>
    <TD STYLE="padding-left: 12px; color: white; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">269,995</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">280,493</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">Participant contributions made in the period</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(1,998)</TD>
    <TD STYLE="padding-left: 12px; color: white; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(2,127)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;-</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom">Return on plan assets (less interest income)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;109,279</TD>
    <TD STYLE="padding-left: 12px; color: white; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(444,348)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(51,213)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Fair value of plan assets at the end of the year</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;(3,766,193)</TD>
    <TD STYLE="color: white; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;(3,894,488)</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">(3,403,906)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="color: white">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="6"><P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The composition of the amounts recognized in the
income statement is shown below:</P>
</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">Consolidated</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2020</TD>
    <TD STYLE="color: white; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2019</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2018</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Cost of current service</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">968</TD>
    <TD STYLE="color: white; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;1,093</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;1,169</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Interest cost</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;236,551</TD>
    <TD STYLE="padding-left: 12px; color: white; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">283,487</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">304,132</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Expected return on plan assets</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(257,946)</TD>
    <TD STYLE="padding-left: 12px; color: white; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(314,102)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(327,830)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Interest on the asset ceiling effect</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;21,737</TD>
    <TD STYLE="padding-left: 12px; color: white; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;21,502</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;16,340</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Total costs / (income), net</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">1,310</TD>
    <TD STYLE="padding-left: 12px; color: white; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(8,020)</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">(6,189)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; color: white; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="6" STYLE="vertical-align: bottom"><P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The (cost) / revenue is recognized in the income
statement under other operating expenses.</P>
</TD></TR>
  <TR>
    <TD COLSPAN="6" STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="6" STYLE="vertical-align: bottom"><P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The movement of actuarial gains and losses is shown
below:</P>
</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: middle; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">Consolidated</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2020</TD>
    <TD STYLE="color: white; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2019</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2018</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Actuarial losses and (gains)</TD>
    <TD STYLE="font-weight: bold; text-align: right">103,805</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;477,316</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;&nbsp;(15,224)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Return on plan assets (less interest income)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;109,279</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(444,348)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(51,213)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Change in the asset&rsquo;s limit (excluding interest income)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(154,741)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;73,039</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;50,058</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Total cost of actuarial losses and (gains)</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;58,343</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;106,007</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(16,379)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: red">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD>
    <TD STYLE="color: red; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6"><P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The breakdown of actuarial gains and losses is
shown below:</P>
</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right">Consolidated</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2020</TD>
    <TD STYLE="color: white; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2019</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right">12/31/2018</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom">Loss due to change in demographic assumptions</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;67,930</TD>
    <TD STYLE="color: white; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;-</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(139,813)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">Loss due to change in financial assumptions&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;(30,454)</TD>
    <TD STYLE="color: white; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">472,715</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;46,917</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom">Loss due to experience adjustments</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;66,329</TD>
    <TD STYLE="color: white; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;4,601</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;77,672</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">Return on plan assets (less interest income)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;109,279</TD>
    <TD STYLE="color: white; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(444,348)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;(51,213)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: bottom">Change in the asset&rsquo;s limit (excluding interest income)</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">(154,741)</TD>
    <TD STYLE="color: white; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;73,039</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: right">&nbsp;&nbsp;50,058</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Actuarial losses and (gains)</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;&nbsp;58,343</TD>
    <TD STYLE="color: white; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;106,007</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;&nbsp;(16,379)</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>


<!-- Field: Page; Sequence: 208 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->77<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The main actuarial assumptions used were as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 29%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 36%">12/31/2020</TD>
    <TD STYLE="color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 34%">12/31/2019</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Actuarial financing method</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Projected unit credit</TD>
    <TD STYLE="color: white; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Projected unit credit</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">Functional currency</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Real (R$)</TD>
    <TD STYLE="color: white; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Real (R$)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Recognition of plan assets</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Fair value</TD>
    <TD STYLE="color: white; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Fair value</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="vertical-align: middle; text-align: left">Nominal discount rate</TD>
    <TD ROWSPAN="2" STYLE="vertical-align: middle; text-align: center">Millennium Plan: 6,95%<BR>
Plan 35%: 6,24%<BR>
Supplementation : 6,44%</TD>
    <TD STYLE="color: white; vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="vertical-align: middle; text-align: center">Millennium Plan: 6,98%<BR>
Plan 35%: 6,75%<BR>
Supplementation: 6,81%</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="color: white">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Inflation rate</TD>
    <TD STYLE="vertical-align: middle; text-align: center">3.32%</TD>
    <TD STYLE="color: white; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">3.61%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Nominal salary increase rate</TD>
    <TD STYLE="vertical-align: middle; text-align: center">4.35%</TD>
    <TD STYLE="color: white; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">4.65%</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Nominal benefit increase rate</TD>
    <TD STYLE="vertical-align: middle; text-align: center">3.32%</TD>
    <TD STYLE="color: white; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">3.61%</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="vertical-align: middle; text-align: left">Rate of return on investments</TD>
    <TD ROWSPAN="2" STYLE="vertical-align: middle; text-align: center">Millennium Plan: 6,95%<BR>
Plan 35%: 6,24%<BR>
Supplementation : 6,44%</TD>
    <TD STYLE="color: white; vertical-align: bottom">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="vertical-align: middle; text-align: center">Millennium Plan: 6,98%<BR>
Plan 35%: 6,75%<BR>
Supplementation: 6,81%</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="color: white">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">General mortality table</TD>
    <TD STYLE="vertical-align: middle; text-align: justify">Millennium Plan: AT-2012 segregated by gender<BR>
Plan 35%: AT-2000 Male aggravated by 15%<BR>
Supplementation: AT-2000 aggravated by 10% segregated by gender</TD>
    <TD STYLE="color: white; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: justify">Millennium Plan: AT-2000 smoothed down by 10% segregated by gender<BR>
Plan 35%: AT-2000 Male aggravated by 15%<BR>
Supplementation: AT-2000 aggravated by 10% segregated by gender</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Disability table</TD>
    <TD STYLE="vertical-align: middle; text-align: center">35% Plan Light Medium. <BR>
Millenium Plan: Prudential (-10%)&nbsp;Supplementation: not applicable</TD>
    <TD STYLE="color: white; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">35% Plan and Supplementation: Light Medium. Millenium Plan:<BR>
Prudential (Ferr. Retirement)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Disability mortality table</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Millenium Plan: AT-71<BR>
35% Plan : MI-2006 -10% M&amp;F&nbsp;Supplementation: Winklevoss -10%</TD>
    <TD STYLE="color: white; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">&nbsp;Winklevoss - 1%&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Turnover table</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Millenium plan 5% per annum, zero for plans 35% and Supplementation</TD>
    <TD STYLE="color: white; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">Millenium plan 5% per annum, zero for plans 35% and Supplementation</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Retirement age</TD>
    <TD STYLE="vertical-align: middle; text-align: justify">&nbsp;100% on the first date he/she becomes eligible for programmed retirement benefit under the plan&nbsp;</TD>
    <TD STYLE="color: white; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: justify">&nbsp;100% on the first date he/she becomes eligible for programmed retirement benefit under the plan&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Household of active participants</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;95% will be married at the time of retirement, with the wife being 4 years younger than the husband&nbsp;</TD>
    <TD STYLE="color: white; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: justify">&nbsp;95% will be married at the time of retirement, with the wife being 4 years younger than the husband&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The assumptions regarding the mortality table
are based on published statistics and mortality tables. These tables translate into an average life expectancy in years for employees
aged 65 and 40:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 209 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->78<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">Plan covering 35% of the average salary</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center">Average salary supplementation plan</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: Black 1pt solid; font-weight: bold; vertical-align: middle; text-align: center">Mixed supplementary benefit plan (Mil&ecirc;nio Plan)&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; width: 44%">Longevity at age of 65 for current participants</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; width: 10%">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; width: 11%">12/31/2019</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; width: 11%">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; width: 7%">12/31/2019</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; width: 7%">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; width: 7%">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Male</TD>
    <TD STYLE="text-align: right; border-top-color: Black; border-top-width: 0.5pt">18.38</TD>
    <TD STYLE="text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; border-top-color: Black; border-top-width: 0.5pt">&nbsp;18.38</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;18.75</TD>
    <TD STYLE="text-align: right">18.75</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">21.47</TD>
    <TD STYLE="text-align: right">20.45</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">Female</TD>
    <TD STYLE="vertical-align: middle; text-align: right">18.38</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;18.38</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;21.41</TD>
    <TD STYLE="vertical-align: middle; text-align: right">21.41</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">23.34</TD>
    <TD STYLE="vertical-align: middle; text-align: right">23.02</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">Longevity at age of 40 for current participants</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Male</TD>
    <TD STYLE="text-align: right">40.15</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;40.15</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;40.60</TD>
    <TD STYLE="text-align: right">40.60</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">44.07</TD>
    <TD STYLE="text-align: right">42.70</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Female</TD>
    <TD STYLE="text-align: right">40.15</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;40.15</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;44.41</TD>
    <TD STYLE="text-align: right">44.41</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">46.68</TD>
    <TD STYLE="text-align: right">46.28</TD></TR>
  </TABLE>

<P STYLE="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Allocation of plan assets:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 31%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; width: 13%">12/31/2020</TD>
    <TD STYLE="color: white; vertical-align: middle; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 10%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; width: 10%">12/31/2019</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; vertical-align: middle; width: 10%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: right; width: 11%">12/31/2018</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Variable income</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;54,285</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1.44%</TD>
    <TD STYLE="color: white; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;25,236</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">0.65%</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;141,705</TD>
    <TD STYLE="vertical-align: middle; text-align: right">4.16%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Fixed income</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;3,438,735</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">91.31%</TD>
    <TD STYLE="color: white; vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;3,607,398</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">92.63%</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;3,050,099</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">89.61%</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle">Real estate</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;182,145</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">4.84%</TD>
    <TD STYLE="color: white; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;183,098</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">4.70%</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;52,091</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1.53%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Others</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;91,028</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">2.42%</TD>
    <TD STYLE="color: white; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;78,756</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">2.02%</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;160,011</TD>
    <TD STYLE="vertical-align: middle; text-align: right">4.70%</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle">Total</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;3,766,193</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">100.00%</TD>
    <TD STYLE="color: white; font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;3,894,488</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">100.00%</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;3,403,906</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">100.00%</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The assets invested in variable income are mainly
invested in CSN shares.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Fixed income assets are mainly composed of debentures,
Interbank Deposit Certificates (&#8220;CDI&#8221;) and National Treasury Notes (&#8220;NTN-B&#8221;).</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Real estate refers to buildings valued by a specialized
asset appraisal company. There are no assets in use by CSN and its subsidiaries.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">For the pension plan, the expense in 2020 was R$41,050
(R$40,644 on December 31, 2019).</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">30.d)</TD><TD STYLE="text-align: justify">Expected contributions</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">There are no expected contributions that will be
paid to the defined benefit plans 35% and Supplementation in 2021.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">For the mixed supplementary benefit plan, the expected
contributions in the amount of R$21,563 will be paid in 2021 for the defined contribution portion and R$1,322 for the defined benefit
portion (risk benefits).</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">30.e)</TD><TD STYLE="text-align: justify">Sensitivity analysis</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The quantitative sensitivity analysis in relation
to significant assumptions, for pension plans on December 31, 2020 is shown below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 210 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->79<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 43%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">12/31/2020</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Plan covering 35% of the average salary</TD>
    <TD STYLE="border-top: Black 0.5pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Average salary supplementation plan</TD>
    <TD STYLE="border-top: Black 0.5pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Mixed supplementary benefit plan (Mil&ecirc;nio Plan)&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Assumption: Discount rate</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Sensitivity level</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">0.5%</TD>
    <TD STYLE="text-align: right">-0.5%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">0.5%</TD>
    <TD STYLE="text-align: right">-0.5%</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">0.5%</TD>
    <TD STYLE="text-align: right">-0.5%</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; vertical-align: middle; text-align: left">Effect on current service cost and on interest on actuarial obligations</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(1,005)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;1,084</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(5,507)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;5,954</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(4,758)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;5,309</TD></TR>
  <TR>
    <TD STYLE="padding-left: 24px; vertical-align: middle; text-align: left">Effect on present value of obligations</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">17,381</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(16,114)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">92,456</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(85,515)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">76,188</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(68,287)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">Assumption: Salary growth</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Sensitivity level</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">0.5%</TD>
    <TD STYLE="text-align: right">-0.5%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">0.5%</TD>
    <TD STYLE="text-align: right">-0.5%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">0.5%</TD>
    <TD STYLE="text-align: right">-0.5%</TD></TR>
  <TR>
    <TD STYLE="padding-left: 24px; vertical-align: middle; text-align: left">Effect on current service cost and on interest on actuarial obligations</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;191</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(181)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; vertical-align: middle; text-align: left">Effect on present value of obligations</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right"></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;1,079</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(1,030)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Assumption: Mortality table</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Sensitivity level</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">0.5%</TD>
    <TD STYLE="text-align: right">-0.5%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">0.5%</TD>
    <TD STYLE="text-align: right">-0.5%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">0.5%</TD>
    <TD STYLE="text-align: right">-0.5%</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; vertical-align: middle; text-align: left">Effect on current service cost and on interest on actuarial obligations</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;120</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(120)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;623</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(623)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;430</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(430)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 24px; vertical-align: middle; text-align: left">Effect on present value of obligations</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;1,928</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(1,928)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;9,669</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(9,669)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;5,975</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;(5,975)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">Assumption: Benefit adjustment</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Sensitivity level</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">+1 year</TD>
    <TD STYLE="text-align: right">- 1 year</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">+1 year</TD>
    <TD STYLE="text-align: right">- 1 year</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">+1 year</TD>
    <TD STYLE="text-align: right">- 1 year</TD></TR>
  <TR>
    <TD STYLE="padding-left: 24px; vertical-align: middle; text-align: left">Effect on current service cost and on interest on actuarial obligations</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;850</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(839)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;4,382</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(4,362)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;1,562</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(1,541)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; vertical-align: middle; text-align: left">Effect on present value of obligations</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">13,626</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(13,455)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">68,039</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(67,726)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">22,603</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(22,306)</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Following are the expected benefits for future
years for defined benefit plans:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 50%">Forecast payments</TD>
    <TD STYLE="text-align: right; width: 24%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 24%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Year 1</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;281,314</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Year 2</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;272,801</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Year 3</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;266,342</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Year 4</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;259,595</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Year 5</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;252,578</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Next 5 years</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,137,146</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle">Total forecast payments</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;2,469,776</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">30.f)</TD><TD STYLE="text-align: justify">Post-Employment Health Plan</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">It refers to the health plan created on December
1, 1996 exclusively to cover former retired employees, pensioners, amnesties, ex-combatants, widows of labor accident victims and retirees
until March 20, 1997 and their respective legal dependents. Since then, the health plan has not allowed the inclusion of new beneficiaries.
The Plan is sponsored by CSN.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The amounts recognized in the balance sheet were
determined as follows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 63%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 18%">12/31/2020</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 18%">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Present value of obligations</TD>
    <TD STYLE="text-align: right">&nbsp;678,880</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;892,396</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Liabilities</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;678,880</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;892,396</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The reconciliation of health benefit liabilities
is presented below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 63%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 18%">12/31/2020</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 18%">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Actuarial liability at the beginning of the year</TD>
    <TD STYLE="text-align: right">&nbsp;892,396</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;897,137</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Expenses recognized in income for the year</TD>
    <TD STYLE="text-align: right">57,731</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">69,907</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Sponsor&rsquo;s contributions transferred in prior year</TD>
    <TD STYLE="text-align: right">&nbsp;(81,340)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(82,081)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Recognition of actuarial loss/(gain)&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(189,907)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;7,433</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: bottom">Actuarial liability at the end of the year&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">678,880</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-left: 12px; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">892,396</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 211 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->80<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The actuarial gains and losses recognized in equity
are shown below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 53%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 15%">12/31/2020</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 15%">12/31/2019</TD>
    <TD STYLE="color: white; vertical-align: middle; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 15%">12/31/2018</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Gain/(loss) recognized in shareholders' equity&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(189,907)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;7,433</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">16,237</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Below is the weighted average life expectancy based
on the mortality table used to determine the actuarial obligations:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 62%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 14%">12/31/2020</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 11%">12/31/2019</TD>
    <TD STYLE="vertical-align: middle; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 11%">12/31/2018</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: bottom">Longevity at age of 65 for current participants</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: middle">Male</TD>
    <TD STYLE="vertical-align: middle; text-align: right">20.24</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;20.24</TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;19.55</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Female</TD>
    <TD STYLE="text-align: right">20.24</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;20.24</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;22.17</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom; background-color: white">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right; background-color: white">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Longevity at age of 40 for current participants</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: middle">Male</TD>
    <TD STYLE="vertical-align: middle; text-align: right">42.74</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;42.74</TD>
    <TD STYLE="font-size: 10pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;41.59</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Female</TD>
    <TD STYLE="text-align: right">42.74</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;42.74</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;45.30</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The actuarial assumptions used to calculate post-employment
health benefits were:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom; background-color: white; width: 53%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 23%">12/31/2020</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 23%">12/31/2019</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Biometric and Demographic</TD>
    <TD STYLE="color: red">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="color: red">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD>General mortality table</TD>
    <TD STYLE="text-align: center">AT 2000 segregated by gender</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">AT 2000 segregated by gender</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: bottom">Financial</TD>
    <TD STYLE="color: red; font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="color: red; font-weight: bold; vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD>Actuarial nominal discount rate</TD>
    <TD STYLE="text-align: right">6.53%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">6.78%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Inflation</TD>
    <TD STYLE="text-align: right">3.32%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">3.61%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD>Real increase in medical costs based on age (Aging Factor)&nbsp;</TD>
    <TD STYLE="text-align: right">0,5% - 3,00% real per year</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">0,5% - 3,00% real per year</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Nominal increase medical costs growth rate&nbsp;</TD>
    <TD STYLE="text-align: right">4.10%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">6.98%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD>Average medical cost (Claim cost)</TD>
    <TD STYLE="text-align: right">&nbsp;913.00</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;1,319.36</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">30.g)</TD><TD STYLE="text-align: justify">Sensitivity analysis</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The quantitative sensitivity analysis for significant
assumptions for the post-employment health benefit as of December 31, 2020 is shown below:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 212 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->81<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 63%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 18%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 18%">12/31/2020</TD></TR>
  <TR>
    <TD STYLE="border-top: Black 0.5pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Healthcare Plan</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">Assumption: Discount rate</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Sensitivity level</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">0.5%</TD>
    <TD STYLE="text-align: right">-0.5%</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; vertical-align: middle; text-align: left">Effect on current service cost and on interest on actuarial obligations</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;1,216</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(1,339)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 24px; vertical-align: middle; text-align: left">Effect on present value of obligations</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(30,300)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">33,447</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">Assumption: Medical Inflation</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">Sensitivity level</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1.0%</TD>
    <TD STYLE="text-align: right">-1.0%</TD></TR>
  <TR>
    <TD STYLE="padding-left: 24px; vertical-align: middle; text-align: left">Effect on current service cost and on interest on actuarial obligations</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;4,749</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(3,978)</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; vertical-align: middle; text-align: left">Effect on present value of obligations</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">72,688</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(60,887)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">Assumption: Benefit adjustment</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Sensitivity level</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">+1 year</TD>
    <TD STYLE="text-align: right">- 1 year</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="padding-left: 24px; vertical-align: middle; text-align: left">Effect on current service cost and on interest on actuarial obligations</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;3,123</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(2,925)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 24px; vertical-align: middle; text-align: left">Effect on present value of obligations</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">47,797</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;(44,768)</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Following are the expected benefits for future
exercises for post-employment health benefit plans:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 50%">Forecast benefit payments</TD>
    <TD STYLE="text-align: right; width: 24%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right; width: 24%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Year 1</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">60,143</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Year 2</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">58,312</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Year 3</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">56,323</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle">Year 4</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">54,177</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: #DCE6F1">
    <TD>Year 5</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">51,892</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Next 5 years</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;221,734</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="font-weight: bold; vertical-align: middle">Total forecast payments</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right">&nbsp;502,581</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Accounting Policy</P>

<P STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Employee benefits - long term</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">A defined contribution plan is a post-employment
benefit plan under which the Company pays contributions to CBS, obligations for contributions to defined contribution pension plans are
recognized as employee benefit expenses in the income statement during the periods during which they are paid. services are provided by
employees. In this modality, the Company will have no legal or constructive obligation to pay additional amounts, as the risks fall on
employees.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In the defined benefit plan, obligations are assessed
annually by independent actuaries, the unit credit method is used in the calculation, the assumptions for the calculation include biometric,
demographic, financial and economic assumptions. The discount rate is applied to define the present value of the defined benefit obligations,
the fair value of the assets is also determined. The amount recognized in the Company&#8217;s balance sheet is the net of obligations
after the discount rate less the fair value of the assets.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">When the calculation results in a benefit to the
Company, the asset to be recognized is limited to the total of any past unrecognized service costs and the present value of the economic
benefits available in the form of future plan reimbursements or reduction in future plan contributions . Actuarial gains and losses resulting
from defined benefit plans immediately in other comprehensive income. In the event of extinction of the plan, the accumulated actuarial
gains and losses are recorded in income.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Short-term employee benefits</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Payments of benefits such as salary or vacation,
as well as the respective labor charges on these benefits are recognized monthly in the income statement, respecting the accrual basis.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 213 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->82<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Employees &#8216;profit sharing and executives&#8217;
variable remuneration are linked to the achievement of operational and financial goals. The Company recognizes a liability and an expense
substantially when these goals are achieved by allocating them to the cost of production or operating expenses.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">31.</TD><TD STYLE="text-align: justify">COMMITMENTS</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">31.a)</TD><TD STYLE="text-align: justify">T<I>ake-or-pay contracts </I></TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">As of December 31, 2020 and 2019, the Company <FONT STYLE="line-height: 115%">was
a party to take-or-pay contracts as shown in the following table</FONT>:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 9pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">Payments in the period</TD>
    <TD STYLE="color: red; font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: bottom; text-align: center; width: 42%">Type of service</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 8%">2019</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 8%">2020</TD>
    <TD STYLE="color: red; font-weight: bold; vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 7%">2021</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 7%">2022</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 7%">2023</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 7%">After 2023</TD>
    <TD STYLE="vertical-align: middle; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center; width: 7%">Total</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: justify">Transportation of iron ore, coal, coke, steel products, cement and mining products.</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,555,398</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">946,865</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,195,158</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,195,508</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,195,508</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">3,476,220</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">7,062,394</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: justify">Supply of power, natural gas, oxygen, nitrogen, argon and iron ore pellets.</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">959,362</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,044,380</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">674,378</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">28,530</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">24,779</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">191,284</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">918,971</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: justify">Processing of slag generated during pig iron and steel production.</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">56,024</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">75,863</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">13,240</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">9,298</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">2,652</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">0</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">25,190</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: justify">Manufacturing, repair, recovery and production of ingot casting machine units.</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">5,930</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">7,674</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">480</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">480</TD></TR>
  <TR STYLE="background-color: #DCE6F1">
    <TD STYLE="vertical-align: middle; text-align: justify">Oil Storage and Handling</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">-</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,900</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,608</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,608</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,608</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">402</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">5,226</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; text-align: justify">Labor and consultancy services</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">27,002</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">32,279</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">28,428</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">27,380</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">27,380</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">191,657</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">274,845</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD STYLE="text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;2,603,716</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;2,108,961</TD>
    <TD STYLE="border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;1,913,292</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;1,262,324</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;1,251,927</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;3,859,563</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;8,287,106</TD></TR>
  </TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">31.b)</TD><TD STYLE="text-align: justify">Projects and other commitments</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT>Transnordestina
project</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Transnordestina project corresponds to the
rail network II of the Northeast Railway System, includes building 1,753 km of new, next-generation, wide-gauge tracks. The project posts
an evolution of 54% progress which was expected to completion for 2017, completion period currently under discussion with the responsible
agencies.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company expects that the investments will allow
Transnordestina Log&iacute;stica SA (&#8220;TLSA&#8221;), the concessionaire that owns the Transnordestina Project, to transport various
products, such as iron ore, limestone, soybeans, cotton, sugar cane, fertilizers, oil and fuels. The concession period ends in 2057 and
may be terminated before that period if the concessionaire reaches the minimum return agreed with the Government. TLSA has obtained the
environmental authorizations required and implementation is advanced in certain regions.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The sources of financing for the project are: (i)
financing granted by Banco do Nordeste / FNE and BNDES, (ii) debentures issued by FDNE, (iii) Via Permanente use contracts and (iv) capital
contribution by CSN and public shareholders. The approved investment for the work is R$7,542,000, and the balance of funds to be disbursed
will be updated by the IPCA as of the April 2012 base date. If additional resources are needed, they will be made possible by CSN and
/ or third parties through the execution of Permanent Use of Contracts.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The approved budget amount is composed as follows:
Miss&atilde;o Velha - Salgueiro amounting to R$0.4 billion, Salgueiro - Trindade amounting to R$0.7 billion, Trindade - Eliseu Martins
amounting to R$2.4 billion, Miss&atilde;o Velha - Port of Pec&eacute;m amounting to R$3 billion, Salgueiro - Port of Suape amounting to
R$4.7 billion, totaling R$11.2 billion. The project is currently in the process of budgetary adjustment whose proposed budget is in the
order of R$13.2 billion.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company guarantees 100% of the financing obtained
by TLSA from Banco do Nordeste / FNE and BNDES, as well as 50.97% of the debentures issued by the FDNE (considers 48.47% of corporate
guarantee, 1.25% of letter of guarantee) for BNB and 1.25% corporate guarantee for BNB). Under the terms of the FDNE regulation approved
by Federal Decree No. 6,952 / 2009, as well as the Investment Agreement signed with public shareholders / financiers, up to 50% of the
debentures may be converted into shares of TLSA.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Federal Audit Court - TCU, through a precautionary
decision issued in May 2016, referring to the TC 012.179 / 2016 process, suspended new transfers of public funds to TLSA by Valec Engenharia,
Constru&ccedil;&otilde;es e Ferrovias SA, Fundo de Investimento do Nordeste - FINOR, Constitutional Financing Fund for the Northeast
- FNE, Development Fund for the Northeast - FDNE, National Bank for Economic and Social Development - BNDES and BNDES Participa&ccedil;&otilde;es
SA - BNDESPar. After the appeal against the precautionary decision and the necessary explanations were provided, in June 2016, the preliminary
decision issued by the TCU was revoked unanimously by the members of this court, and the continuity of the programmed contributions was
restored.</P>
<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>


<!-- Field: Page; Sequence: 214 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->83<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">By means of a new precautionary decision issued
in January 2017, referring to case TC 012.179 / 2016, the Federal Court of Accounts - TCU suspended new transfers of public funds to TLSA
by Valec Engenharia, Constru&ccedil;&otilde;es e Ferrovias SA, Fundo de Investimento do Nordeste - FINOR, Constitutional Financing Fund
for the Northeast - FNE, Development Fund for the Northeast - FDNE, National Bank for Economic and Social Development - BNDES and BNDES
Participa&ccedil;&otilde;es SA - BNDESPar. The Company has been providing the necessary clarifications to TCU and acting firmly so that
the decision will be revoked soon and the flow of programmed contributions will be reestablished.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Company concluded as of December 31, 2019,
according to the scheduled schedule, the engineering deliveries referring to the review of the projects of the sections to be executed,
as well as the survey of the services already performed in the sections in progress and concluded (<I>as built</I> &#8221;), In order
to allow the validation of the regulatory budget and the preparation of a revisited schedule. The Company awaits the analyzes to be carried
out by the regulatory agency, which are in progress.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.75in">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">There is an administrative procedure before the
National Transportation Agency (&#8220;ANTT&#8221;) that assesses the regular compliance with the Concession Agreement obligations by
the Company. In this context, in 2020, ANTT proposed to the Federal Government the declaration of the expiry of the TLSA Concession Contract
and the initiation of an administrative proceeding within the scope of the Superintendence of Infrastructure and Railway Cargo Transport
Services - SUFER. ANTT&#8217;s recommendation, which was substantially contested by TLSA, does not bind the Granting Authority, nor does
it end the discussion, as the evaluations of the Ministry of Infrastructure and the Presidency of the Republic are still pending. In addition,
judicial review of the matter is also possible. The Company continues its activities to implement sections of the railway in the States
of Piau&iacute; and Cear&aacute; and to preserve the sections already built, with a reasonable expectation that the continuity of its
operations will be maintained.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">There is an administrative procedure before ANTT
that assesses the regular fulfillment of the obligations of the Concession Contract corresponding to Mesh II by the TLSA Concessionaire.
ANTT&#8217;s technical area, in a unilateral opinion, understood that there was a breach of contractual obligations by the Concessionaire.
The opinion of the technical area is under evaluation and, if the irregularity is proven, ANTT may apply the applicable penalties or recommend
the declaration of forfeiture to the Presidency of the Republic, the procedure being in the investigation phase, with no definitive decision
to date the merit.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; margin-right: 0; margin-left: 0; background-color: white">On
September 16, 2020, the request for reconsideration and suspension of Judgment No. 67/2017 was filed with TCU, which determined the suspension
of transfers of public funds to the project until the assessment of engineering projects and the determination of the regulatory budget
by National Land Transport Agency - ANTT. In this reconsideration request, management requests that, in view of the exhaustion of Transnordestina&#8217;s
measures to approve the budget for the project&#8217;s works and the indispensability of the resources provided for in the agreements
that structured the project for its completion, the understanding contained in Judgment 67 / 2017, with the consequent immediate release
of public resources under the responsibility of public sources. In the alternative, he requested that, if the release of public contributions
is not granted, we require the immediate release of FINOR funds, since, regardless of their nature, they have the character of reimbursement
of the amounts evidently applied by Transnordestina in the works, and cannot be subject to the suspension stipulated in Judgment No. 67/2017
- TCU.</P>

<P STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT>FTL
- Ferrovia Transnordestina Log&iacute;stica SA (Operational network)</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In relation to Malha I, operated by FTL - Ferrovia
Transnordestina Log&iacute;stica SA (&#8220;FTL&#8221;), there is an administrative procedure before the National Transport Agency (&#8220;ANTT&#8221;)
that assesses the regular compliance with the Concession Contract obligations by the FTL Concessionaire. Due to a unilateral assessment,
ANTT reported that FTL would have failed to comply with the TAC signed in 2013 due to the failure to meet the 2013 production target.
In this context, the agency proposed to the Union the declaration of the expiry of the FTL Concession Contract and the initiation of an
administrative proceeding within the scope of the Superintendence of Infrastructure and Railway Cargo Transport Services - SUFER. The
Company continues to rely on ANTT&#8217;s positioning.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>



<!-- Field: Page; Sequence: 215 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->84<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt">32.</TD><TD STYLE="text-align: justify">INSURANCE</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In order to adequately mitigate risks and in view
of the nature of its operations, the Company and its Subsidiaries contract several different types of insurance policy. The policies are
taken out in line with the Risk Management policy and are similar to the insurance taken out by other companies in the same industry in
which CSN and its subsidiaries operate. The coverage of these policies includes: National Transport, International Transport, Life and
Personal Accident Insurance, Health, Vehicle Fleet, D&amp;O (Administrators Liability Insurance), General Liability, Engineering Risks,
Named Risks, Export Credit, Insurance Warranty and Civil Liability Port Operator.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In 2020, after negotiations with insurers and reinsurers
in Brazil and abroad, an Operational Risk Insurance Policy for Property Damage and Business Interruption was issued, effective from June
30, 2020 to June 30, 2021. Under the policy, the Maximum Indemnity Limit is US$600 million, and the deductible is US$385 million for material
damages and 45 days for loss of profits, covering the following units and subsidiaries of the Company: Usina Presidente Vargas, CSN Minera&ccedil;&atilde;o
SA and Sepetiba Tecon.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The risk assumptions adopted, given their nature,
are not part of the scope of an audit of the financial statements, and consequently were not examined by our independent auditors.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 17.85pt">33.</TD><TD STYLE="text-align: justify">ADDITIONAL INFORMATION TO CASH FLOWS</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 18pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The following table presents additional information
on transactions related to the statement of cash flows:</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; width: 56%">&nbsp;</TD>
    <TD STYLE="width: 14%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 14%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 14%">Consolidated</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">12/31/2020</TD>
    <TD STYLE="border-top: Black 0.5pt solid; vertical-align: middle">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">12/31/2019</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">12/31/2018</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Income tax and social contribution paid&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;542,877</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;1,167,419</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;336,962</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Addition to PP&amp;E with interest capitalization (notes 11 and 28)</TD>
    <TD STYLE="text-align: right">&nbsp;92,506</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;117,189</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;71,611</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Initial adoption IFRS16 &ndash; Right of use</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;640,989</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Remeasurement and addition &ndash; Right of use (note 11 a)</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;109,993</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(151,558)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Addition to PP&amp;E without adding cash</TD>
    <TD STYLE="text-align: right">&nbsp;30,345</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;278,213</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;10,792</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>Capitalization in subsidiaries without cash</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;104,809</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #DCE6F1">
    <TD>Addition to investment property without cash effect</TD>
    <TD STYLE="text-align: right">&nbsp;61,597</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;942,127</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;2,052,252</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 2pt double; text-align: right">&nbsp;&nbsp;419,365</TD></TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.85pt"><B>34.</B></TD><TD STYLE="text-align: justify"><B>SUBSEQUENT EVENTS</B></TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 15pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Prospectus for the Offering of CSN Minera&ccedil;&atilde;o SA shares</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">On February 17, the Company released to the market
the final prospectus of the public offering of primary and secondary distribution of common shares of its issuance, through B3 - Brasil,
Bolsa, Balc&atilde;o. The Offer will comprise (i) the primary distribution of 161,189,078 new Shares (&#8220;Primary Offer&#8221;); and
(ii) the secondary distribution of, initially, 372,749,743 shares, with the possibility of adding up to 20% of additional shares held
by all current shareholders and, also, up to 15% of additional shares held by the majority shareholder, CSN .</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In the final prospectus of the Offer, the price
per Share (&#8220;Price per Share&#8221;) is R$8.50, totaling R$1,370 million in primary shares and R$2,785 million in secondary shares.
The Price per Share was fixed after the completion of the procedure for collecting investment intentions from institutional investors
<FONT STYLE="color: windowtext">carried out in Brazil and abroad.</FONT></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><FONT STYLE="color: windowtext">Upon the completion
of the Offer,</FONT> the Company&#8217;s shares were split in the proportion of 1:30, and consequently its share capital started to be
represented by 5,430,057,060 (five billion, four hundred and thirty million, fifty-seven thousand and sixty) common shares, nominative
and without value nominal, as approved by the Extraordinary General Meeting held on October 15, 2020.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 15pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Debt reprofiling</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0 0 0 15pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In January 2021, the Company reprofiled part of
export prepayment contracts in the amount of US$265 million, whose maturities in 2022 in the amount of US$79 million were postponed to
2023. In addition, the Company amortized R$315 million in NCEs whose maturities would occur over 2021.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Additionally, on February 12, 2021, the Company
repurchased, for subsequent cancellation, 450,000 debentures from the 10th Issue in the amount of R$391 million. This repurchase corresponds
to 23% of the debentures of that Issue.</P>


<!-- Field: Page; Sequence: 216 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->85<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><IMG SRC="logo.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/115% Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 15pt"><FONT STYLE="font-family: Symbol; font-style: normal; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-style: normal">Asset drop down for CSN Cimentos S.A.</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">On January 31, 2021, the Company concluded the
drop down of the cement segment, with all assets and liabilities related to the cement business being transferred from CSN to its subsidiary
recently incorporated CSN Cimentos S.A.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 15pt"><FONT STYLE="font-family: Symbol; font-weight: normal">&middot;</FONT></TD><TD STYLE="text-align: justify">Increase in share capital</TD></TR></TABLE>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The Board of Directors, in a meeting held on February
22, 2021, approved the capitalization of part of the statutory reserve in the amount of R$1,500 million, without changing the number of
shares, increasing the Company&#8217;s capital to R$6,040 million.</P>

<P STYLE="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<!-- Field: Page; Sequence: 217; Options: NewSection; Value: 86 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><FONT STYLE="font-size: 10pt">FS-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->86<!-- Field: /Sequence -->&nbsp;</FONT></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->







</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-4.1
<SEQUENCE>2
<FILENAME>exhibit04_1.htm
<DESCRIPTION>EX-4.1
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: right"><B>Execution Version</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>INVESTMENT AGREEMENT</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>among</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>COMPANHIA SIDER&Uacute;RGICA NACIONAL</B>,</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>BRAZIL JAPAN IRON ORE CORPORATION,</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>POSCO,</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>CHINA STEEL CORPORATION,</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>CONGONHAS MIN&Eacute;RIOS S.A., </B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center">and</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>NACIONAL MIN&Eacute;RIOS S.A.</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center">Dated November 21, 2014</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center">(amended on November 15<SUP>th</SUP>, 2015 and restated
on November 27th, 2015)</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>INVESTMENT AGREEMENT</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>INDEX</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
  <TR STYLE="text-align: left; vertical-align: bottom; font: bold 11pt Times New Roman; text-transform: uppercase">
    <TD STYLE="width: 90%; text-align: left; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0cm">ARTICLE I - DEFINITIONS</TD>
    <TD STYLE="width: 10%; text-align: right; padding-top: 12pt; padding-bottom: 12pt">4</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: bold 11pt Times New Roman; text-transform: uppercase">
    <TD COLSPAN="2" STYLE="text-align: center; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0cm">ARTICLE II - PREPARATORY ACTIONS TO THE CLOSING</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: bold 11pt Times New Roman; text-transform: uppercase">
    <TD STYLE="text-align: left; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0cm">ARTICLE III - SPIN-OFF, DROP-DOWN 1ST INSTALLMENT, NAMISA 40% CONTRIBUTION, CLOSING SALE OF SHARES AND POST CLOSING COVENANTS</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">22</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: bold 11pt Times New Roman; text-transform: uppercase">
    <TD STYLE="text-align: left; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0cm">ARTICLE IV - ACTIONS BETWEEN THE DATE OF EFFECTIVENESS AND THE CLOSING DATE, ACTIONS BETWEEN THE DROP-DOWN 1ST INSTALLMENT AND THE DROP-DOWN
2ST INSTALLMENT</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">31</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: bold 11pt Times New Roman; text-transform: uppercase">
    <TD STYLE="text-align: left; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0cm">ARTICLE V - CONDITIONS PRECEDENT TO CLOSING AND THE CLOSING SALE OF SHARES</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">36</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: bold 11pt Times New Roman; text-transform: uppercase">
    <TD STYLE="text-align: left; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0cm">ARTICLE VI - EARN OUT</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">38</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: bold 11pt Times New Roman; text-transform: uppercase">
    <TD STYLE="text-align: left; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0cm">ARTICLE VII - REPRESENTATIONS AND WARRANTIES</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">39</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: bold 11pt Times New Roman; text-transform: uppercase">
    <TD STYLE="text-align: left; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0cm">ARTICLE VIII - INDEMNIFICATION</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">47</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: bold 11pt Times New Roman; text-transform: uppercase">
    <TD STYLE="text-align: left; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0cm">ARTICLE IX - APPLICABLE LAW AND DISPUTE RESOLUTION</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">52</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: bold 11pt Times New Roman; text-transform: uppercase">
    <TD STYLE="text-align: left; padding-top: 12pt; padding-bottom: 12pt; padding-left: 0cm">ARTICLE X - GENERAL</TD>
    <TD STYLE="text-align: right; padding-top: 12pt; padding-bottom: 12pt">53</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify"><B>&nbsp;</B></P>



<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B><U>INVESTMENT AGREEMENT</U></B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center">This Investment Agreement (&#8220;<U>Agreement</U>&#8221;),
dated November 21, 2014, is entered into among:</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><B>Companhia Sider&uacute;rgica
Nacional</B>, a publicly-held corporation (<I>sociedade an&ocirc;nima de capital aberto</I>) incorporated, organized and existing under
the Laws of Brazil, having its registered office at the Municipality of S&atilde;o Paulo, State of S&atilde;o Paulo, at Av. Brigadeiro
Faria Lima, 3400, 20th floor, enrolled with the Federal Taxpayers&#8217; Registry (CNPJ/MF) under N. 33.042.730/0001-04, herein represented
pursuant to its by-laws (&#8220;<U>CSN</U>&#8221;);</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><B>Brazil Japan Iron Ore Corporation</B>,
a company duly organized and existing under the Laws of Japan, with its head office located at 13th Floor, Itochu Bldg., 5-1, Kita-Aoyama,
2chome, Minato-ku, Tokyo, 107-0061, Japan (&#8220;<U>BJIOC</U>&#8221;), <B>POSCO</B>, a company incorporated, organized and existing under
the Laws of Korea, having its registered office at POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, 135-777, Korea (&#8220;<U>POSCO</U>&#8221;),
and <B>China Steel Corporation</B>, a corporation organized and existing under the Laws of Republic of China, with head office located
at 88 Chenggong, 2nd Roard, Qianzhen, Kaohsiung 80661, Taiwan, Republic of China (&#8220;<U>CSC</U>&#8221;),</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">(BJIOC, POSCO and CSC are each
individually referred to as &#8220;<U>JKTC Party</U>&#8221; and collectively referred to as &#8220;<U>JKTC Parties</U>&#8221; and, jointly
with CSN, as &#8220;<U>Investors</U>&#8221;);</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><B>Congonhas Min&eacute;rios S.A.</B>,
a closely-held corporation (<I>sociedade an&ocirc;nima de capital fechado</I>) incorporated, organized and existing under the Laws of
Brazil, having its registered office at the Municipality of Congonhas, State of Minas Gerais, at Estrada Casa de Pedra, without number,
part, zip-code 36.415-000, enrolled with the Federal Taxpayers&#8217; Registry (CNPJ/MF) under N. 08.902.291/0001-15, herein represented
pursuant to its by-laws (&#8220;<U>Congonhas Min&eacute;rios</U>&#8221; or &#8220;<U>Company</U>&#8221;); and</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><B>Nacional Min&eacute;rios S.A.</B>,
a closely-held corporation (<I>sociedade an&ocirc;nima de capital fechado</I>) incorporated, organized and existing under the Laws of
Brazil, having its registered office at the Municipality of Congonhas, State of Minas Gerais, at Logradouro Casa de Pedra, without number,
part, zip-code 36.415-000, enrolled with the Federal Taxpayers&#8217; Registry (CNPJ/MF) under N. 08.446.702/0001-05, herein represented
pursuant to its by-laws (&#8220;<U>Namisa</U>&#8221;).</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">(Investors, Congonhas Min&eacute;rios
and Namisa are each individually referred to as &#8220;<U>Party</U>&#8221; and collectively referred to as &#8220;<U>Parties</U>&#8221;)</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>WITNESSETH:</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 36pt">WHEREAS, BJIOC, CSC and POSCO
hold forty percent (40%) (&#8220;<U>JKTC&#8217;s Stake in Namisa</U>&#8221;) and CSN holds sixty percent (60%) (&#8220;<U>CSN&#8217;s
Stake in Namisa</U>&#8221;) of the voting and total capital stock of Namisa, a company engaged in the mining business;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 36pt">WHEREAS, Namisa holds class A
preferred shares representing ten percent (10%) of the total capital stock of MRS Log&iacute;stica S.A., a publicly-held corporation (<I>sociedade
an&ocirc;nima de capital aberto</I>) incorporated, organized and existing under the Laws of Brazil, enrolled with the Federal Taxpayers&#8217;
Registry (CNPJ/MF) under N. 01.417.222/0001-77 (&#8220;<U>MRS</U>&#8221;);</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 36pt">WHEREAS, CSN is the owner of (i)
the assets, rights and liabilities related to iron ore mining and logistic activities listed in <U>Exhibit I</U>, including Casa de Pedra
and TECAR (&#8220;<U>CSN Iron Ore Division</U>&#8221;); (ii) CSN&#8217;s Stake in Namisa; (iii) common shares representing seven point
fifty nine percent (7.59%) of MRS total outstanding capital stock and class A preferred shares representing one point zero four percent
(1.04%) of MRS total outstanding capital stock (&#8220;<U>MRS Shares</U>&#8221;); and (iv) one common share of MRS bound to the MRS Shareholders&#8217;
Agreement, as</P>


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">defined below (&#8220;<U>MRS Bound Share</U>&#8221;
and, together with CSN Iron Ore Division, CSN&#8217;s Stake in Namisa and MRS Shares hereinafter jointly referred to as &#8220;<U>CSN
Establishment</U>&#8221;);</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 36pt">WHEREAS, CSN is the owner of ninety-nine
point ninety-nine percent (99.99%) of the voting and total capital stock of Congonhas Min&eacute;rios, a non-operational subsidiary of
CSN, to which CSN intends to contribute the CSN Establishment; and</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 36pt">WHEREAS, JKTC Parties and CSN
share a mutual interest in consolidating the CSN Establishment and Namisa by means of a merger of Namisa into Congonhas Min&eacute;rios
(&#8220;<U>Merger</U>&#8221;), in accordance with the terms of this Agreement, thereby increasing the synergies, operating capacity and
competitiveness of Namisa and CSN Establishment before the leading companies of this sector,</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 36pt">NOW, THEREFORE, the Investors
hereto, together with Namisa and Congonhas Min&eacute;rios, hereby agree as follows:&#9;</P>

<P STYLE="font: bold 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center; text-indent: 0cm"><FONT STYLE="font-size: 11pt">ARTICLE
I</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT STYLE="font-size: 11pt"><BR>
DEFINITIONS</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>1.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Meanings</U>. As used in this Agreement, the following terms shall have the meanings set forth
below:</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>1<SUP>st</SUP> Installment of the CSN Establishment</U>&#8221;
means (i) the assets, rights and liabilities of the CSN Iron Ore Division that are related to Casa de Pedra, listed item 1 of <U>Exhibit
I</U>; (ii) MRS Shares; and (iii) MRS Bound Share.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>1<SUP>st</SUP> Installment
Transferred Employees</U>&#8221; shall have the meaning ascribed to it in <U>Section 2.1(x)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>2<SUP>nd</SUP> Installment
Bring Down Supplements</U>&#8221; shall have the meaning ascribed to it in Section 3.17.3.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>2<SUP>nd</SUP> Installment
of the CSN Establishment</U>&#8221; means the (i) the assets, rights and liabilities of the CSN Iron Ore Division that are related to
TECAR, listed item 2 of <U>Exhibit I</U>; (ii) CSN&#8217;s Stake in Namisa.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>2<SUP>nd</SUP> Installment
Transferred Employees</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.17.2(d)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Additional CSN Shares</U>&#8221; shall
have the meaning ascribed to it in <U>Section 3.5</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Additional CSN Shares Price</U>&#8221;
shall have the meaning ascribed to it in <U>Section 3.5</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Adhesion Term</U>&#8221; means the document
by means of which a Person adheres to the terms of a shareholders&#8217; agreement.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Affiliate</U>&#8221; means, in relation
to a Person, any Person or Persons directly or indirectly Controlling, Controlled by, or under common Control with such Person.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Agreement</U>&#8221; shall have the meaning
ascribed to it in the preamble.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Amendment to the Existing Agreements</U>&#8221;
shall have the meaning ascribed to it in <U>Section 3.2(xviii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Antitrust Approvals</U>&#8221;
shall have the meaning ascribed to it in <U>Exhibit 5.1(iii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Arbitral Tribunal</U>&#8221;
shall have the meaning ascribed to it in <U>Section 9.2.2</U>.</P>


<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Authorization</U>&#8221;
means any and all authorizations, consents, approvals, orders, resolutions, licenses, concessions, permits, exemptions, filings, waivers,
grants, contracts, agreements, certificates, national and/or international certifications, decrees, judicial decisions, injunctions, registries,
notary public legalizations or registries issued by any Governmental Authority.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Best Knowledge</U>&#8221; shall mean, with
regard to a Person, the actual knowledge of a particular fact or matter that any individual serving as director (<I>membro do conselho
de administra&ccedil;&atilde;o</I>) or executive officer (<I>diretor estatut&aacute;rio</I>) of such Person (or in any similar capacity)
has, or at any time had, without inquiry or investigation, except to the extent required to comply, during all times while exercising
their functions, with Section 153 of the Brazilian Corporate Law.&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>BJIOC</U>&#8221; shall
have the meaning ascribed to it in the preamble.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>BJIOC SPC</U>&#8221;
shall be the company to be incorporated by BJIOC or an Affiliate of BJIOC to receive part of BJIOC&#8217;s shares in Congonhas Min&eacute;rios,
as per <U>Section 3.2 (ii)</U>. Any reference to BJIOC in this Agreement after the Closing Sale of Shares shall be considered as a reference
to BJIOC SPC.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Board Approvals</U>&#8221;
shall have the meaning ascribed to it in <U>Section 10.10</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Brazil</U>&#8221; means the Federative
Republic of Brazil.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Brazilian Civil Code</U>&#8221;
means the Law No. 10.406/2002, as amended.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Brazilian Corporate Law</U>&#8221;
means the Law No. 6.404/1976, as amended.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Brazilian GAAP&#8221;</U> means generally
accepted accounting principles applicable in Brazil pursuant to which any particular financial statements of a company are prepared, as
in effect at the time such financial statements are prepared.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 0cm">&#8220;<U>Bring Down Supplements</U>&#8221; shall have
the meaning ascribed to it in <U>Section 3.2.1</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Business</U>&#8221; means the exploitation
of iron ore mining activities and associated port transportation infrastructure, in any part of Brazil or abroad, comprising the development
of mineral deposits, research, extraction, sale of iron ore and byproducts derived from mining activities, beneficiation, industrialization,
transportation (including transportation rendered by third parties), loading, rendering of mining services, import and export of iron
ore, as well as the exploitation of any other directly or indirectly related activities, such as the purchase of iron ore and the participation
in the corporate capital of other Brazilian and/or foreign companies with a corporate purpose compatible with the activities of the CSN
Establishment.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Business Day</U>&#8221; means any day other
than a: (a) Saturday, (b) Sunday, (c) a legal holiday (i) in the city of Tokyo, Japan, (ii) in the city of S&atilde;o Paulo, State of
S&atilde;o Paulo, Brazil, (iii) in the city of New York, United Sates of America, or (iv) in the city of Seoul, South Korea (for the avoidance
of doubt, <U>Exhibit II</U> hereto lists all such legal holidays), or (d) a day on which banking institutions in the cities of Tokyo,
S&atilde;o Paulo, New York or Seoul are authorized by Law or order to close.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>By-laws of Congonhas Min&eacute;rios</U>&#8221;
means the by-laws of Congonhas Min&eacute;rios resulting from the Closing substantially in the form attached hereto as <U>Exhibit III</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>B53 Tailing Dam</U>&#8221;
means [*].</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>CADE</U>&#8221; means the Administrative
Council for Economic Defense (<I>Conselho Administrativo de Defesa Econ&ocirc;mica</I>).</P>


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Capital Increase</U>&#8221;
shall have the meaning ascribed to it in <U>Section 2.1(ix)(a)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Capital Increase Approval
EGM</U>&#8221; shall have the meaning ascribed to it in <U>Section 2.1(ix)(a)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Capital Increase Homologation
EGM</U>&#8221; shall have the meaning ascribed to it in <U>Section 2.1(ix)(d)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Casa de Pedra</U>&#8221; means all of CSN&#8217;s
assets, rights and liabilities listed in <U>Exhibit I</U> that are comprised in or related to the Casa de Pedra mine (as indicated therein),
including (i) those arising from the administrative processes ongoing before the DNPM in the name of CSN under No. 043.306/1956 and No.
832.997/2002, (ii) the title to the mine manifest (<I>Manifesto de Mina</I>) No. 234; (iii) the rights over real property related to the
exploration and exploitation of the iron ore mine and (iv) the connections to MRS railways.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Claim</U>&#8221; means any action, judicial,
administrative or arbitration proceeding, lawsuit, order, judicial or extrajudicial notice, assessment notice, inspections, investigation,
default or violation notice, collection notice, procedure, judicial or administrative investigation, presented or brought forward against
any JKTC Indemnified Party or CSN Indemnified Party.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Closing</U>&#8221; shall mean the completion
of the concurrent actions indicated in Section 3.2.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Closing Balance Sheet of Congonhas Min&eacute;rios</U>&#8221;
shall have the meaning ascribed to it in <U>Section 3.7(i)(a)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Closing Balance Sheet of Namisa</U>&#8221;
shall have the meaning ascribed to it in <U>Section 3.7(i)(b)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Closing Balance Sheets</U>&#8221; shall
have the meaning ascribed to it in <U>Section 3.7(i)(b)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Closing Bring Down Supplements</U>&#8221;
shall have the meaning ascribed to it in <U>Section 3.2.1</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Closing Date</U>&#8221;
shall mean the date when all the actions indicated in <U>Section 3.2</U> are completed.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Closing Dividends</U>&#8221; shall have
the meaning ascribed to it in <U>Section 2.1(viii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Closing Net Debt of Congonhas
Min&eacute;rios</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.7(ii)(b)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Closing Net Debt of Namisa</U>&#8221;
shall have the meaning ascribed to it in <U>Section 3.7(iii)(b)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Closing Notice</U>&#8221; shall have the
meaning ascribed to it in <U>Section 2.3</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 0cm">&#8220;<U>Closing Bring Down Supplements</U>&#8221; shall
have the meaning ascribed to it in <U>Section 3.2.1</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 0cm">&#8220;<U>Closing Notice Bring Down Supplements</U>&#8221;
shall have the meaning ascribed to it in <U>Section 2.3 (vi)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Closing Notice Date</U>&#8221; shall have
the meaning ascribed to it in <U>Section 2.3</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Closing Prior Approvals</U>&#8221;
shall have the meaning ascribed to it in <U>Section 5.1(iii)(b).</U></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 0cm">&#8220;<U>Closing Sale of Shares</U>&#8221; shall have
the meaning ascribed to it in <U>Section 3.2(viii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 0cm">&#8220;<U>Closing Working Capital of Congonhas Min&eacute;rios</U>&#8221;
shall have the meaning ascribed to it in <U>Section 3.7(ii)(a)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Closing Working Capital of Namisa</U>&#8221;
shall have the meaning ascribed to it in <U>Section 3.7(iii)(a)</U>.</P>


<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Confidential Information</U>&#8221; means
the information exchanged by the Investors in the context of the negotiation of the Transaction Documents, the Spin-Off, the Drop Down
1st Installment, the Namisa 40% Contribution, the Closing Sale of Shares, the Drop Down 2nd Installment and the Merger, including any
data and/or information, whether written or oral, including discoveries, ideas, secrets, and/or information of business, financial, operational,
economic, technical, and legal nature and the exchange of correspondence.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Congonhas Min&eacute;rios</U>&#8221;
shall have the meaning ascribed to it in the preamble.</P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify"><FONT STYLE="font-size: 11pt; color: black">&#8220;<U>Congonhas
Min&eacute;rios Excluded Assets</U>&#8221;</FONT> <FONT STYLE="font-size: 11pt">shall have the meaning ascribed to it in <U>Section
2.1</U></FONT><FONT STYLE="color: black">(i)</FONT><FONT STYLE="font-size: 11pt">. </FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Congonhas Min&eacute;rios&#8217; Closing
AGE</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.2(v)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Congonhas Min&eacute;rios&#8217; Merger
AGE</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.17.2(e)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Congonhas Min&eacute;rios&#8217; Net Debt
on the Drop Down Reference Date</U>&#8221; shall have the meaning ascribed to it in <U>Section 2.3(iii)(b)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Congonhas Min&eacute;rios Operating Cash</U>&#8221;
shall have the meaning ascribed to it in <U>Section 5.1(xviii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Congonhas Min&eacute;rios&#8217; Pre-Closing
Balance Sheet</U>&#8221; shall have the meaning ascribed to it in <U>Section 2.1(xiii)(d)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Congonhas Min&eacute;rios&#8217; Pre-Closing
Valuation Report</U>&#8221; shall have the meaning ascribed to it in <U>Section 2.1(xiii)(d)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Congonhas Min&eacute;rios&#8217; Working
Capital on the Drop Down Reference Date</U>&#8221; shall have the meaning ascribed to it in <U>Section 2.3(iii)(a)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Contribution to BJIOC SPC</U>&#8221; shall
have the meaning ascribed to it in <U>Section 3.2(vii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Control</U>&#8221; (including,
with correlative meanings, the terms &#8220;<U>Controlling</U>,&#8221; &#8220;<U>Controlled</U>&#8221; and &#8220;<U>under common Control
with</U>&#8221;), as used with respect to any Person or group of Persons, means the direct or indirect possession of the right to cast
the majority of the votes on the resolutions adopted by the shareholders&#8217; or quotaholders&#8217; meetings and to appoint the majority
of the members of the management and the effective use of such powers to direct or cause the direction of the management and policies
of a corporation, limited liability company, partnership, association, fund or other business entity, whether through ownership of voting
securities, by contract or otherwise.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>CSC</U>&#8221; shall
have the meaning ascribed to it in the preamble.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>CSN</U>&#8221; shall
have the meaning ascribed to it in the preamble.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>CSN Establishment</U>&#8221;
shall have the meaning ascribed to it in the preamble.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="color: black">&#8220;<U>CSN
Establishment 2<SUP>nd</SUP> Installment Valuation Report</U>&#8221; </FONT>shall have the meaning ascribed to it in <U>Section
3.17</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="color: black">&#8220;<U>CSN
Establishment Drop-Down Assurance Report</U>&#8221; </FONT>shall have the meaning ascribed to it in <U>Section 2.1(vii)(b)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>CSN Establishment Pro
Forma Signing Balance Sheet</U>&#8221; shall have the meaning ascribed to it in <U>Section 7.1(r)</U>.</P>

<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>CSN Establishment Reference
Valuation Report</U>&#8221; shall have the meaning ascribed to it in <U>Section 2.1(vi)(a)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>CSN Indemnified Parties</U>&#8221;
and &#8220;<U>CSN Indemnified Party</U>&#8221; shall have the meaning ascribed to it in <U>Section 8.2</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>CSN Iron Ore Division</U>&#8221;
shall have the meaning ascribed to it in the preamble.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>CSN Off-Take Agreement</U>&#8221;
shall have the meaning ascribed to it in <U>Section 2.1(xi)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>CSN&#8217;s Stake in
Namisa</U>&#8221; shall have the meaning ascribed to it in the preamble.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>CSN Spin-off AGE</U>&#8221;
shall have the meaning ascribed to it in <U>Section 3.2(iv)(d)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>DARF</U>&#8221; means
the Federal Revenue Collection Document (<I>Documento de Arrecada&ccedil;&atilde;o de Receitas Federais</I>).</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Date of Effectiveness</U>&#8221;
shall have the meaning ascribed to it in <U>Section 10.10</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Date of Execution</U>&#8221;
means the first date written above, which is the signing date of this Agreement.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Dispute</U>&#8221; shall
have the meaning ascribed to it in <U>Section 9.2</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>DNPM</U>&#8221; shall
have the meaning ascribed to it in <U>Section 4.2(viii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Drop Dead Date</U>&#8221;
shall have the meaning ascribed to it in <U>Section 5.3</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Drop Down 1<SUP>st</SUP>
Installment</U>&#8221; shall have the meaning ascribed to it in <U>Section 2.1.4</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Drop Down 2<SUP>nd</SUP>
Installment</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.17.2(a)(iv)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Drop Down 2<SUP>nd</SUP>
Installment Date</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.17.2</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Drop Down 2<SUP>nd</SUP>
Installment Reference Date</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.17</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Drop Down 2<SUP>nd</SUP>
Installment EGM</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.17.2(a)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Drop Down Date</U>&#8221;
means November 30<SUP>th</SUP>, 2015.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm; color: black">&#8220;<U>Drop
Down Reference Date</U>&#8221; means September 30, 2015.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="color: black">&#8220;<U>Drop-Down
Specialized Firm</U>&#8221;</FONT> shall have the meaning ascribed to it in <U>Section 2.1(vii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Due Diligence Exercise</U>&#8221;
shall have the meaning ascribed to it in <U>Section 4.4</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>DVD</U>&#8221; shall have the meaning ascribed
to it in <U>Section 7.1.1</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Effective Equity Value at the Liquidity
Event</U>&#8221; means the pre-money valuation at which the effective amount is raised as a result of, and/or received as payment for
the Liquidity Event, ranging between the Minimum Equity Value and the Maximum Equity Value.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Enterprise Value</U>&#8221;
means the enterprise value of Congonhas Min&eacute;rios, on a debt-free, cash-free basis.</P>


<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Environment</U>&#8221;
means living organisms (including humans and ecological systems of which they form part) and the following media, alone or in combination:
air (including that within buildings or natural or man-made structures, whether above or below ground), water (including territorial,
coastal and inland waters and ground water and drains and sewers) and land (including, without limitation, sediment, sea bed or river
bed under any water as described above, surface land and sub-surface land, caves and any natural structures, whether
or not manipulated by man) and wildlife (including plants, animals and other biological resources) and (for the
avoidance of doubt) includes any of the above that forms part of a relevant Person's own property.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Environmental Laws</U>&#8221; means any
applicable Law (including all statutes, codes, directives and the like and all rules, regulations, judicial
and administrative orders or statutory guidance made thereunder) concerning matters arising out of or relating to the Environment,
including, but not limited to, pollution, protection of the Environment or destruction of natural resources, including all those relating
to the presence, use, production, generation, handling, transportation, treatment, storage, disposal, distribution, labeling, testing,
processing, discharge, release, threatened release, control, or cleanup of any Hazardous Substances or the mitigation
of the effects thereon, each as amended or in effect prior to or at the Closing Date.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Governmental Authority</U>&#8221; means
any Brazilian or foreign government and any national, state, provincial, county, municipal, local or other governmental unit and any governmental
agency, bureau, court, tribunal, commission, authority, judicial or arbitral body, as applicable, including the Brazilian governmental
authorities such as CADE, the Chinese antitrust authorities and the antitrust authorities from other jurisdictions, as applicable, the
Brazilian federal and state environmental authorities, real estate registries and any other public registries.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 0cm">&#8220;<U>Handel Transaction</U>&#8221; shall have the
meaning ascribed to it in <U>Section 3.14</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 0cm">&#8220;<U>Handel Merger</U>&#8221; shall have the meaning
ascribed to it in <U>Section 2.1(xv)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Hazardous Substance</U>&#8221; means any
pollutants, contaminants or any toxic or otherwise hazardous materials, substances or wastes, including petroleum and petroleum-related
substances, metals and semi-metals, products, by-products and wastes, asbestos, urea formaldehyde and lead-based paint, with respect to
which limits or standards of conduct are imposed under any Environmental Laws.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>ICC Court</U>&#8221;
shall have the meaning ascribed to it in <U>Section 9.2.2</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>ICC Rules</U>&#8221;
shall have the meaning ascribed to it in <U>Section 9.2.1</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>IFRS</U>&#8221; means
the International Financial Reporting Standards, which is the set of accounting standards developed by the International Accounting Standards
Board (IASB), pursuant to which any particular financial statements of a company are prepared, as in effect at the time such financial
statements are prepared.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Incremental Equity Percentage</U>&#8221;
shall be equivalent to [*] of Congonhas Min&eacute;rios&#8217; total capital stock.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Indebtedness</U>&#8221;
means the amount of any debt reflected on the balance sheet of a company, prepared in accordance with IFRS, including (a) all obligations
of such company for money borrowed; (b) all obligations of such company evidenced by notes, debentures, bonds or other similar instruments
the payment of which such company is responsible or liable for as primary obligor; (c) all payment obligations of such company, issued
or assumed for deferred purchase price payments associated with acquisitions, divestitures or other similar transactions; (d) all payment
obligations of such company, as applicable, under leases required to be capitalized in accordance with IFRS; (e) all payment obligations
of such company for the reimbursement of any</P>


<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">obligor on any letter of credit, banker&#8217;s acceptance,
guarantees or similar credit, in each case including all accrued but unpaid interest (or interest equivalent) thereon; (f) all due and
unpaid taxes and social charges included in Governmental Authorities refinancing programs; (g) any overdue accounts payable, of any nature,
to related parties and/or third parties;&nbsp;(h)&nbsp;the amounts of any dividend or interest on equity declared but unpaid; (i) any
liabilities with derivative financial instruments; and (j) any other obligation considered as a like-debt transaction according to IFRS.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Indemnified Claim</U>&#8221;
shall have the meaning ascribed to it in <U>Section 8.7(iii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Indemnified Party</U>&#8221;
shall have the meaning ascribed to it in <U>Section 8.7(i)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Indemnifying Party</U>&#8221;
shall have the meaning ascribed to it in <U>Section 8.7(i)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Initial Master Plan</U>&#8221;
means the Master Plan for the first five (5) years from the Closing Date.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Interim Distributions</U>&#8221;
shall have the meaning ascribed to it in <U>Section 4.3</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Investors</U>&#8221;
means CSN and JKTC Parties, and &#8220;<U>Investor</U>&#8221; means each of CSN and JKTC <FONT STYLE="color: black">Parties</FONT>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>IPO</U>&#8221; means
an initial public offering (Primary Offer and/or Secondary Offer) of common shares and/or preferred shares and/or of any other securities
representing or backed by common shares and/or preferred shares, including units, of Congonhas Min&eacute;rios or of the IPO Vehicle.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 0cm">&#8220;<U>IPO Vehicle</U>&#8221; shall have the meaning
ascribed to it in the Shareholders&#8217; Agreement.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Itochu Marketing Services
Agreement</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.2(xii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt">&#8220;<U>Japanese SPC</U>&#8221; shall be a Japanese company to be incorporated
by BJIOC.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>JKTC Bottom Shareholding
Position</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.4.1</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>JKTC Bottom Shareholding
Position Post Closing Sale of Shares</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.5.</U></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>JKTC Indemnified Parties</U>&#8221;
and &#8220;<U>JKTC Indemnified Party</U>&#8221; shall have the meaning ascribed to it in <U>Section 8.1</U>.</P>


<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>JKTC Liquidity Event
Bottom Shareholding Position</U>&#8221; shall have the meaning ascribed to it in <U>Section 6.5</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>JKTC Liquidity Event
Top Shareholding Position</U>&#8221; shall have the meaning ascribed to it in <U>Section 6.5</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>JKTC Off-Take Agreements</U>&#8221;
shall have the meaning ascribed to it in <U>Section 3.2(xi)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>JKTC Parties</U>&#8221;
shall have the meaning ascribed to it in the preamble.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>JKTC Party</U>&#8221;
shall have the meaning ascribed to it in the preamble.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>JKTC Shareholding Position
Resulting from Closing</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.4.1</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>JKTC&#8217;s Stake in
Namisa</U>&#8221; shall have the meaning ascribed to it in the preamble.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>JKTC Top Shareholding
Position</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.4.1</U>.</P>


<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>JKTC Top Shareholding
Position Post Closing Sale of Shares</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.5</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Judgment</U>&#8221; means
any judgment, order, writ, injunction, decree, arbitration award or other similar command of any Governmental Authority.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Key Management Personnel</U>&#8221; means
those individuals having authority and responsibility for planning, directing or Controlling the activities of CSN or of an Affiliate
of CSN, directly or indirectly, including any officer or director (whether executive or otherwise) of those entities.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 0cm">&#8220;<U>Land Acquisition</U>&#8221; shall have the meaning
ascribed to it in <U>Section 11.1</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Land Acquisition Subscription
Bonus</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.2(v)(c)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 0cm">&#8220;<U>Land Capital Increase</U>&#8221; shall have
the meaning ascribed to it in <U>Section 11.4.4.1.</U></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Law</U>&#8221; means any foreign or domestic
statute, law, ordinance, rule or regulation.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Liabilities</U>&#8221; means with respect
to any Person, any liability or obligation of such Person, whether known or unknown, absolute, accrued, contingent, liquidated, unliquidated,
due or to become due, and whether or not required to be reflected on a balance sheet prepared in accordance with the applicable accounting
principles.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 0cm">&#8220;<U>LIBOR</U>&#8221; shall have the meaning ascribed
to it in <U>Section 11.5.</U></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Lien</U>&#8221; means any lien (<I>gravame</I>),
encumbrance, pledge (<I>penhor</I>), usufruct, security interest (any <I>direito real de garantia </I>including <I>aliena&ccedil;&atilde;o
fiduci&aacute;ria</I>), charge, Claim, mortgage, deed of trust, option, call, warrant, purchase right, lease, priority rights, preemptive
rights, rights of first refusal, purchase preference rights, commitments, rights of conversion, rights to exchange, transfer restrictions
of any nature, or other agreements or commitments, of any nature, providing for the purchase, issuance, or sale of securities, voting
trusts, stockholder agreements, proxies or other agreements or understandings in effect with respect to any rights attributable to securities,
or any other encumbrance whatsoever.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Liquidity Event</U>&#8221; means the completion,
within the period of [*] counted from Closing Date, of the Qualified IPO or the Qualified Private Sale, with the Pre-Money Equity Value
of Congonhas Min&eacute;rios of [*] (&#8220;<U>Minimum Equity Value</U>&#8221;) or greater.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Liquidity Event Conversion</U>&#8221; shall
have the meaning ascribed to it in <U>Section 6.1</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Losses</U>&#8221; means
any and all liabilities, losses, damages, fines, penalties, condemnations, costs and expenses, including reasonable attorneys' fees, court
costs and other costs in connection with a Person's defense in any Claim, in each case actually incurred, including loss of profits (<I>lucros
cessantes</I>), subject to the provisions of <U>Section 8.5.2,</U> but excluding moral damages (<I>danos morais</I>) and indirect damages
(<I>danos indiretos</I>).</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Master Plan</U>&#8221; means the business
plan for the operation of Congonhas Min&eacute;rios, which shall necessarily include: (i) the production plan and product mix for each
plant and master schedule for each plant; (ii) the engineering, procurement and construction arrangement for the plants, covering concept
study, feasibility study, execution, commissioning and operation optimization, through an Engineering, Procurement and Construction Management
- EPCM or similar scheme; (iii) the mechanisms for the development of a monitoring system to supervise the expansion of the Business;
(iv) the Company&#8217;s organizational structure; (v) a working plan for the environmental licensing of Congonhas Min&eacute;rios.</P>



<!-- Field: Page; Sequence: 11 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&quot;<U>Material Adverse Effect</U>&quot;
shall mean any change or event, including but not limited to ordinary or extraordinary <I>force majeure</I> event, that is or will be,
as determined at the time such change or event occurs, materially adverse to the financial, tax or accounting condition or results of
operations of the Business of Namisa, Congonhas Min&eacute;rios, their Subsidiaries and/or of the CSN Iron Ore Division, taken as a whole,
other than any change or event relating to or arising out of: (i) general economic conditions (including changes or events in the financial,
banking, currency and capital markets) in Brazil; (ii) conditions generally affecting the industries in which Congonhas Min&eacute;rios,
Namisa, their Subsidiaries and/or CSN Iron Ore Division operate; (iii) changes in applicable Law or in IFRS; or (iv) any actions taken,
or failures to take action, or such other changes or events, in each case, to which JKTC Parties and/or CSN, as applicable, have expressly
consented.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Material Contracts</U>&#8221;
shall have the meaning ascribed to it in <U>Section 7.1(l)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Maximum Equity Value</U>&#8221;
shall have the meaning ascribed to it in <U>Section 6.3</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Merger</U>&#8221; shall
have the meaning ascribed to it in the preamble.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Minimum Equity Value</U>&#8221;
shall have the meaning ascribed to it in the &#8220;Liquidity Event&#8221; definition.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Mining Rights</U>&#8221; shall have the
meaning ascribed to it in <U>Section 7.1(k)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>MRS</U>&#8221; shall have the meaning ascribed
to it in the preamble.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>MRS Bound Share</U>&#8221; shall have the
meaning ascribed to it in the preamble.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>MRS Shares</U>&#8221; shall have the meaning
ascribed to it in the preamble.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>MRS Transportation Agreement</U>&#8221;
means the <I>Contrato de Presta&ccedil;&atilde;o de Servi&ccedil;o de Transporte Ferrovi&aacute;rio de Carga </I>entered into by and among
CSN, the Company, Namisa and MRS on January 1, 2011.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Namisa 40% Contribution</U>&#8221; shall
have the meaning ascribed to it in <U>Section 3.2(v)(c)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Namisa 40% Contribution Balance Sheet</U>&#8221;
shall have the meaning ascribed to it in <U>Section 2.1(xvi)(I)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Namisa 40% Contribution Valuation Report</U>&#8221;
shall have the meaning ascribed to it in <U>Section 2.1(xvi)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Namisa</U>&#8221; shall have the meaning
ascribed to it in the preamble.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Namisa&#8217;s AGE</U>&#8221; shall have
the meaning ascribed to it in <U>Section 3.2(vi)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify"><FONT STYLE="color: black">&#8220;<U>Namisa
Capital Reduction</U>&#8221; </FONT>shall have the meaning ascribed to it in <U>Section 2.1(iv)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Namisa&#8217;s Consolidated Pro Forma Pre
Closing Assurance Report&#8221;</U> shall have the meaning ascribed to it in <U>Section 2.1(xiii).</U></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Namisa&#8217;s Conversion AGE</U>&#8221;
shall have the meaning ascribed to it in <U>Section 3.2(xvi)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Namisa Excluded Assets</U>&#8221; means
all assets, rights and liabilities that are comprised in or related to the [*], including (i) those arising from the administrative processes
ongoing before the DNPM [*], (ii) any rights over real property which location coincides with the area covered by each of the DNPM processes
related to the [*], provided that such real properties are not required for the</P>


<!-- Field: Page; Sequence: 12 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">operations of the remainder assets of Namisa and
(iii) any plant and equipment exclusively dedicated to the [*].</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Namisa&#8217;s Dividends AGE</U>&#8221;
shall have the meaning ascribed to it in <U>Section 3.2(xvii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Namisa&#8217;s Merger Valuation Report</U>&#8221;
shall have the meaning ascribed to it in <U>Section 3.17(b)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Namisa&#8217;s Net Debt on the Drop Down
Reference Date</U>&#8221; shall have the meaning ascribed to it in <U>Section 2.3(iv)(b)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Namisa&#8217;s Pre-Closing Balance Sheet</U>&#8221;
shall have the meaning ascribed to it in <U>Section 2.1(xiii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Namisa&#8217;s Pre-Closing Consolidated
Balance Sheet</U>&#8221; shall have the meaning ascribed to it in <U>Section 2.1(xiii).</U></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Namisa&#8217;s Pre-Closing Consolidated
Valuation Report&#8221;</U> shall have the meaning ascribed to it in <U>Section 2.1(xiii).</U></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Namisa&#8217;s Pre-Closing Valuation Report</U>&#8221;
shall have the meaning ascribed to it in <U>Section 2.1(xiii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify"><FONT STYLE="color: black">&#8220;<U>Namisa
Reference Balance Sheet</U>&#8221; </FONT>shall have the meaning ascribed to it in <U>Section 2.1(vi)(b)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Namisa&#8217;s Spin-Off AGE</U>&#8221;
shall have the meaning ascribed to it in <U>Section 3.2(iii)(b)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Namisa&#8217;s Working Capital on the Drop
Down Reference Date</U>&#8221; shall have the meaning ascribed to it in <U>Section 2.3(iv)(a)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Net Closing Working Capital Cash Adjustment</U>&#8221;
shall have the meaning ascribed to it in <U>Section 3.7.1</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Net Closing Net Debt Cash Adjustment</U>&#8221;
shall have the meaning ascribed to it in <U>Section 3.7.2</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Net Debt</U>&#8221; means, without duplication
(i) Indebtedness minus (ii) cash, cash equivalents and any assets with derivative financial instruments reflected on the same balance
sheet of the relevant company.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Off-Take Agreements</U>&#8221; <FONT STYLE="color: black">shall
have the meaning ascribed to it in <U>Section 3.2(xi)</U>.</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Operational Agreements</U>&#8221; means
the High Silica ROM Iron Ore Supply Contract executed by and among CSN, Namisa and other intervening parties, dated as of October 21st,
2008, as amended, the Low Silica ROM Iron Ore Supply Contract by and among CSN, Namisa and other intervening parties, dated as of October
21st, 2008, as amended and the Port Operating Services by and among CSN, Namisa and other intervening parties, dated as of October 21st,
2008, as amended.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Operating Budget</U>&#8221; means the operating
budget of Congonhas Min&eacute;rios, based on the Master Plan, which shall necessarily contemplate (i) Congonhas Min&eacute;rios&#8217;
basic goals, projected revenues, expenses, working capital, capital expenditures, financing plans, operating cash flows, in each case
with projections for not less than the next three (3) succeeding fiscal years; (ii) strategic alliances expressly set forth in the Master
Plan; and (iii) operating projections of Congonhas Min&eacute;rios for not less than the next three (3) succeeding fiscal years.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Parties</U>&#8221; and &#8220;<U>Party</U>&#8221;
shall have the meaning ascribed to it in the preamble.</P>


<!-- Field: Page; Sequence: 13 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Person</U>&#8221; means an individual,

corporation (including a Brazilian <I>sociedade an&ocirc;nima</I>), limited liability company (including a Brazilian <I>sociedade limitada</I>),
partnership, association (whether incorporated or not), investment fund, trust or other entity or organization (whether or not Brazilian),
including any type of Brazilian <I>sociedade empres&aacute;ria </I>and <I>sociedade simples </I>or any other entity regulated by Articles
40 through 69 of the Brazilian Civil Code.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 0cm">&#8220;<U>Port Services Agreement</U>&#8221; <FONT STYLE="color: black">shall
have the meaning ascribed to it in <U>Section 3.17.2(c)</U>. </FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>POSCO</U>&#8221; shall
have the meaning ascribed to it in the preamble.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Pre-Closing Equity Interest
Adjustment</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.4.1</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Pre-Money Equity Value
&#8211; Subscription Bonus</U>&#8221; shall have the meaning ascribed to it in <U>Section 2.1(ix)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Pre-Money Valuation</U>&#8221;
shall have the meaning ascribed to it in <U>Section 6.2</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Preparatory Actions to the Closing</U>&#8221;
shall have the meaning ascribed to it in <U>Section 2.1</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Pro Forma Pre-Closing Balance Sheet</U>&#8221;
shall have the meaning ascribed to it in <U>Section 2.3(ii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Primary Offer</U>&#8221; means any public
offering of new shares to be issued by Congonhas Min&eacute;rios or by the IPO Vehicle, in the context of a Qualified IPO.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Primary Tranche</U>&#8221; means any issuance
of new shares by Congonhas Min&eacute;rios or by the IPO Vehicle, in the context of a Qualified Private Sale.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Protocol of Merger</U>&#8221; shall have
the meaning ascribed to it in <U>Section 3.17.1</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Protocol of the Spin-Off</U>&#8221; shall
have the meaning ascribed to it in <U>Section 2.1(xiv)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Provisional Decision</U>&#8221; shall have
the meaning ascribed to it in <U>Section 8.4</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&#8220;<U>PTAX</U>&#8221; means the PTAX rate, expressed as
the amount of one Brazilian Real per one US Dollar, published by the Central Bank of Brazil in its website.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>P7 Water Supply</U>&#8221;
means [*].</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; background-color: white">&#8220;<U>P9 Water Supply</U>&#8221;
means [*].</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; background-color: white">&#8220;<U>P28 Beneficiation
Plant</U>&#8221; means the project for the implementation of a beneficiation plant of high silica run-of-mine (ROM), with capacity for
production of twenty-eight million (28,000,000.00) ton per year of pellet feed.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>P28 Loading Terminal</U>&#8221;
means the railway terminal set forth in the conceptual study for P28 Beneficiation Plant, as a possible alternative in case of lack of
capacity of the existing stock yard and loading system of Casa de Pedra.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Qualified IPO</U>&#8221; means an IPO that
meets all of the following conditions: (i) minimum size equivalent to [*] of the shares outstanding immediately prior to the IPO; (ii)
minimum Primary Offer amounting to [*], with a Secondary Offer permitted on top of the Primary Offer; and (iii) broad distribution involving
at least fifty (50) institutional investors not related to CSN.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Qualified Private Sale</U>&#8221; means
a transfer of the preemptive rights of CSN in the subscription of shares issued by Congonhas Min&eacute;rios or of the IPO Vehicle (if
such sale occurs after the IPO of the IPO Vehicle), not involving a public offering and not subject to registration before a</P>


<!-- Field: Page; Sequence: 14 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">Governmental Authority in charge of securities regulation,
to a <FONT STYLE="font-size: 11pt">Person which is not a Related Party to CSN, in accordance with the following conditions: (i) minimum
size equivalent to ten percent (10%) of the shares outstanding immediately prior to the Qualified Private Sale; and (ii) a minimum Primary
Tranche amounting to [*] to be paid in cash (&#8220;<U>Cash Payment</U>&#8221;) or in shares of a publicly traded company with an average
daily trading volume in the last [*] prior to the transaction of at least [*] (&#8220;<U>Share Payment</U>&#8221;), provided that, in
the Share Payment, the price per share for purposes of the calculation of the value of the shares being contributed to Congonhas Min&eacute;rios
or to the IPO Vehicle shall be based on the average of the last [*] trading day&#8217;s price negotiated in the stock market prior to
the subscription of the Congonhas Min&eacute;rios shares or of the IPO Vehicle shares, as the case may be. The Cash Payment shall be made
within a maximum period of [*] counted from the subscription of the Congonhas Min&eacute;rios shares or of the IPO Vehicle shares and
the Share Payment shall always be made upon the subscription of Congonhas Min&eacute;rios shares or the IPO vehicle shares. A Secondary
Tranche is permitted on top of the Primary Tranche.</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Real Estate</U>&#8221;
shall have the meaning ascribed to it in <U>Section 7.1(k)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="color: black">&#8220;<U>Reference
Date</U>&#8221; </FONT>shall have the meaning ascribed to it in <U>Section 2.1(vi)(a)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Reference Working Capital
of CSN Iron Ore Division</U>&#8221; shall have the meaning ascribed to it in <U>Section 2.1(vi)(c)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Reference Working Capital
of Namisa</U>&#8221; shall have the meaning ascribed to it in <U>Section 2.1(vi)(d)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Related Party</U>&#8221;
of any specified Person shall have the meaning set forth in the Deliberation No. 642 of October 7, 2010 issued by the Brazilian Securities
and Exchange Commission (<I>Comiss&atilde;o de Valores Mobili&aacute;rios &#8211; CVM)</I>, and shall also include (i)
any Affiliate of such Person, (ii) any officer, director, quotaholder, shareholder, employee or administrator of such Person or of an
Affiliate of such Person, (iii) any spouse, ex-spouse, ascendant, descendant or collateral relative up to second degree of such Person
or of any of the foregoing.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Related Party to CSN</U>&#8221;
means: (i) an Affiliate of CSN; (ii) Mrs. [*] or any of her descendents and their respective spouses or any Person Controlled by such
individuals; (iii) Ms. [*], the Estate of [*] or any of their descendents and their respective spouses or any Person Controlled by such
individuals; or (iv) any Key Management Personnel of CSN or of an Affiliate of CSN or any Person Controlled by such individuals.</P>


<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Relevant Areas</U>&#8221;
shall have the meaning ascribed to it in <U>Section 11.1</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Representative</U>&#8221; means, with respect
to any Person, any executive officer (<I>diretor estatut&aacute;rio</I>), director (<I>membro do conselho de administra&ccedil;&atilde;o</I>),
principal, attorney, employee, agent, consultant, accountant or other representative of such Person.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Sale Percentage</U>&#8221;
shall have the meaning ascribed to it in <U>Section 3.2(viii)(a)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Secondary Offer</U>&#8221;
means any public offering of existing shares issued by Congonhas Min&eacute;rios or by the IPO Vehicle and owned by a selling shareholder
in the context of a Qualified IPO.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Secondary Tranche</U>&#8221;
means the sale of any existing shares of Congonhas Min&eacute;rios or of the IPO Vehicle (if such sale occurs after an IPO of the IPO
Vehicle) owned by a selling shareholder in the context of a Qualified Private Sale.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Shareholders&#8217; Agreement</U>&#8221;
means the Shareholders&#8217; Agreement to be entered into as of the Closing Date by and among CSN, JKTC Parties and Congonhas Min&eacute;rios
to set up the procedures</P>


<!-- Field: Page; Sequence: 15 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">and rules that shall govern the Investor&#900;s
relationship as shareholders of Congonhas Min&eacute;rios, substantially in the form attached hereto as <FONT STYLE="font-size: 11pt"><U>Exhibit
IV</U>.</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 0cm">&#8220;<U>Special Dividends</U>&#8221; shall have the
meaning ascribed to it in <U>Section 4.3.</U></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 0cm"><FONT STYLE="color: black">&#8220;<U>Specialized
Firms</U>&#8221;</FONT> shall have the meaning ascribed to it in <U>Section 2.1(vi)(a)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Spin-Off</U>&#8221; shall have the meaning
ascribed to it in <U>Section 2.1(xiii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Spin-Off Valuation Report</U>&#8221; shall
have the meaning ascribed to it in <U>Section 2.1(xiii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Standstill Agreement</U>&#8221;
means the Standstill Agreement entered into among the Investors and Namisa on [*], as amended.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Standstill Period</U>&#8221;
shall have the meaning ascribed to it in the Standstill Agreement.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Subsidiary</U>&#8221; means, when used
with respect to any Person, any other Person directly or indirectly Controlled by such Person. The term &quot;Subsidiary&quot; shall (i)
include all Subsidiaries of such Subsidiary; and (ii) exclude MRS, except where expressly indicated.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Tax Claim</U>&#8221; means
any Claim concerning matters related to Taxes.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Taxes</U>&#8221; means, pursuant to any
Law, (i) any and all taxes, including any interest, penalties or other additions to tax that may become payable in respect thereof or
on behalf of third parties (including obligations resulting from acting as a retention agent, intermediary, etc.), due to any Governmental
Authority, which shall include, without limiting the generality of the foregoing, all income tax (including income tax required to be
deducted or withheld from or accounted for in respect of any payment), corporation tax, such tax taken to include surtax, capital gains
tax, tax on profits, tax on gross receipts, withholding tax, payroll and employee withholding taxes, unemployment insurance taxes, social
security taxes, severance taxes, license charges or taxes, taxes on stock, sales and use taxes, ad valorem taxes, value added tax, custom
duties, excise taxes and duties, franchise taxes, business license taxes, occupation taxes, real and personal property taxes, stamp taxes,
environmental taxes, transfer taxes, workers' compensation, customs, tariffs, social security and retirement fund contributions, imposts,
fees, duties, assessments, withholdings or charges of any kind (including, for example, ITR, IRPJ, CSL, PIS, COFINS, ISS, CFEM, INSS and
FGTS) and other obligations of the same or of a similar nature to any of the foregoing and (ii) any Liability for the payment of any amount
of a type described in item (i) above as a result of any Law in relation to any other Person.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>Tax Return</U>&#8221; means any and all
returns, reports, declarations, statements, bills, schedules, claims for refund or written information of or with respect to any Tax which
is required to be supplied to any taxing authority, including any schedule or attachment thereto, and including any amendment thereof.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>TECAR</U>&#8221; means the rights related
to the port installations of the terminal for solid bulk cargoes, as well as the related equipment and facilities, located in the Itagua&iacute;
Port, in the city of Itaguai, state of Rio de Janeiro, pursuant to the TECAR Lease Agreement.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">&#8220;<U>TECAR Lease Agreement</U>&#8221; means
Lease Agreement No. C-DEP JUR 054/97 (bound to the Public Bid Order No. CI-003/96), as amended.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Transaction Documents</U>&#8221;
means this Agreement, the Transitional Agreement, the Standstill Agreement, the Shareholders Agreement, the By-laws of Congonhas Min&eacute;rios,
the Off-Take Agreements, the Itochu Marketing Services Agreement and any other contracts, instruments, documents, and/or corporate acts
entered into for the purposes of the implementation of the Spin-</P>


<!-- Field: Page; Sequence: 16 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">Off, the Drop Down 1st Installment, the Namisa 40%
Contribution, the Closing Sale of Shares, the Drop Down 2nd Installment and the Merger.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Transitional Agreement</U>&#8221;
means the Transitional Agreement entered into on the present date among the Investors, Congonhas Min&eacute;rios and Namisa, which draft
is attached hereto as <U>Exhibit V</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Transition Port Services
Agreement</U>&#8221; shall have the meaning ascribed to it in <U>Section 2.1(xii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Transition Shareholders
Agreement</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.2(xv)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>Working Capital</U>&#8221;
means the amount equal to all current assets minus all current liabilities (excluding all transactions, accounts and balances included
in the Net Debt calculation) of a company, determined in accordance with IFRS<FONT STYLE="color: black">, and calculated pursuant to the
method described in <U>Exhibit VI</U></FONT>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>&Delta; Closing
Net Debt of Congonhas Min&eacute;rios</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.7.2(i)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>&Delta; Closing
Net Debt of Namisa</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.7.2(ii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>&Delta; Closing
Working Capital of Congonhas Min&eacute;rios</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.7.1(ii)</U>.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">&#8220;<U>&Delta; Closing
Working Capital of Namisa</U>&#8221; shall have the meaning ascribed to it in <U>Section 3.7.1(ii)</U>.</P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>1.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Terms Generally</U>. The definitions in this <U>ARTICLE I</U> shall apply equally to both
the singular and plural forms of the terms defined. Unless the context otherwise requires, any reference to any contract or Law includes
any amendments thereto from time to time (and, in the case of a statute or regulation, to any successor provision). Any reference in this
Agreement to a &#8220;day&#8221; or a number of &#8220;days&#8221; (without the explicit qualifications of &#8220;business&#8221;) shall
be interpreted as a reference to a calendar day or number of calendar days. If any action or notice is to be taken or given on or by a
particular calendar day, and such calendar day is not a Business Day, then such action or notice shall be deferred until, or may be taken
or given on, the next Business Day. The terms &#8220;include&#8221;, &#8220;including&#8221; and similar ones shall be construed as if
they were followed by the term &#8220;for example purposes&#8221;. All references to R$ refer to Brazilian real and all references to
USD refer to United States dollars. </FONT></P>

<P STYLE="font: bold 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center; text-indent: 0cm"><FONT STYLE="font-size: 11pt">ARTICLE
II</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT> <FONT STYLE="font-size: 11pt"><BR>
PREPARATORY ACTIONS TO THE CLOSING</FONT></P>

<P STYLE="font: bold 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: left">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>2.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt; color: black"><U>Preparatory Actions to the Closing</U>. <font style="font-size: 11pt; color: black"> CSN and Congonhas Min&eacute;rios,
on one side</font>, and JKTC Parties, on the other side, shall take the following acts and/or actions between the Date of Execution and the Closing
Date (the &#8220;<U>Preparatory Actions to the Closing</U>&#8221;):</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt; color: black">(i)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: black">The assets of Congonhas Min&eacute;rios listed in <U>Exhibit</U></FONT>
<FONT STYLE="font-size: 11pt"><U>2.1(i)</U> <FONT STYLE="color: black">(&#8220;<U>Congonhas Min&eacute;rios Excluded Assets</U>&#8221;)
shall be transferred to CSN or to an Affiliate of CSN (at CSN&#900;s sole discretion) before the Drop-Down Date, through a spin-off of
such assets, a capital reduction or redemption of shares;</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt; color: black"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(ii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Investors, Namisa, Congonhas Min&eacute;rios and the other parties thereto
shall enter into the Transitional Agreement simultaneously to the execution of this Agreement;</FONT></TD></TR></TABLE>
<P STYLE="font: bold 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: left">&nbsp;</P>

<!-- Field: Page; Sequence: 17 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: left"></P>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt; color: black"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt">(iii)</TD><TD STYLE="text-align: justify">The Standstill Agreement shall be amended, simultaneously to the execution of this Agreement,
in order to extend the Standstill Period to (a) [*], in case the Board Approvals are not obtained; or (b) the [*];</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt; color: black"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(iv)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">On the Date of Effectiveness, the shareholders of Namisa shall approve a
capital reduction in the amount equivalent in Reais to three hundred million US Dollars (USD300,000,000.00), in accordance with the terms
set forth in <U>Exhibit 2.1(iv)</U> (&#8220;<U>Namisa Capital Reduction</U>&#8221;);</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt; color: black"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(v)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">BJIOC shall incorporate BJIOC SPC;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt; color: black"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(vi)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">within [*] days from the Date of Effectiveness, CSN shall deliver to JKTC
Parties:</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 82.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt; color: black">(a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: black">a valuation report of the CSN Establishment (<I>laudo de avalia&ccedil;&atilde;o</I>)
attesting the book value of the CSN Establishment on September 30, 2014 (&#8220;<U>Reference Date</U>&#8221;), to be
prepared by one of the specialized firms listed in <U>Exhibit </U></FONT><FONT STYLE="font-size: 11pt"><U>2.1(vi)</U><FONT STYLE="color: black">(a)
(&#8220;<U>Specialized Firms</U>&#8221;), based on CSN&#8217;s balance sheet as of such date (&#8220;<U>CSN Establishment
Reference Valuation Report</U>&#8221;);</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt; color: black"><TR STYLE="vertical-align: top">
<TD STYLE="width: 82.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(b)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Namisa&#8217;s balance sheet as of the Reference Date (&#8220;<U>Namisa
Reference Balance Sheet</U>&#8221;);</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 82.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(c)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the Working Capital of the CSN Iron Ore Division as of the Reference Date,
in Reais, together with the relevant underlying calculations and figures in the form set forth in <U>Schedule </U></FONT><FONT STYLE="color: black"><U>2.1</U></FONT><FONT STYLE="font-size: 11pt"><U>(vi)</U><FONT STYLE="color: black"><U>(c)</U>
and confirmed by the Specialized Firm that has prepared the CSN Establishment Reference Valuation Report</FONT> (&#8220;<U>Reference Working
Capital of CSN Iron Ore Division</U>&#8221;); and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 82.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(d)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the Working Capital of Namisa as of the Reference Date, in Reais, together
with the relevant underlying calculations and figures in the form set forth in <U>Schedule </U></FONT><FONT STYLE="color: black"><U>2.1(iv)<FONT STYLE="font-size: 11pt">(c)</FONT></U></FONT>
<FONT STYLE="font-size: 11pt">based on the Namisa Reference Balance Sheet <FONT STYLE="color: black">and confirmed by the Specialized Firm
that has prepared the CSN Establishment Reference Valuation Report, provided that by November 15, 2015, CSN shall deliver to JKTC Parties
the Working Capital of Namisa as of the Reference Date, in Reais, excluding Namisa Excluded Assets</FONT> (&#8220;<U>Reference Working
Capital of Namisa</U>&#8221;);</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt; color: black"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(vii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Congonhas Min&eacute;rios shall engage the same Specialized Firm hired for
the preparation of the CSN Establishment Reference Valuation Report (&#8220;<U>Drop Down Specialized Firm</U>&#8221;)
to prepare (a) the valuation report (<I>laudo de avalia&ccedil;&atilde;o</I>) of all the assets and liabilities that comprise the CSN
Establishment, at book value, based on the balance sheet of CSN as of the Drop Down Reference Date, projecting the effects of the Spin-Off
as a subsequent event (&#8220;<U>CSN Establishment Drop-Down Valuation Report</U>&#8221;); and (b) an assurance report
of CSN Establishment, at book value, as of the Drop Down Reference Date, projecting the effects of the Spin-Off and the declaration of
the Closing Dividends as subsequent events (&#8220;<U>CSN Establishment Drop-Down Assurance Report</U>&#8221;);</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt; color: black">(viii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: black">immediately before the Drop-Down takes place, </FONT><FONT STYLE="font-size: 11pt">the
                                                                                                                      amount equivalent in Reais on November 30th, 2015, to [*], pursuant to <U>Section 3.2(xx)</U>, shall be declared as dividends (<FONT STYLE="color: black">subject
                                                                                                                      to <U>Section 2.1.1</U>),</FONT> and paid as follows (1) the amount equivalent in Reais to one billion four hundred million US
                                                                                                                      Dollars (USD1,400,000,000.00) on November 30th, 2015 shall be paid on the Closing Date and (2) the balance shall be paid within one (1) year from the Closing
Date (all subject to the occurrence of the Closing) (&#8220;<U>Closing Dividends</U>&#8221;);</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 18 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(ix)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: black">CSN shall approve a capital increase in Congonhas Min&eacute;rios,
whereby CSN shall contribute to Congonhas Min&eacute;rios the CSN Establishment, as follows:</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 74.15pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">a.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">as soon as practicable, an extraordinary shareholders' meeting of Congonhas
Min&eacute;rios shall be held (&#8220;<U>Capital Increase Approval EGM</U>&#8221;) to approve a capital increase to be subscribed by CSN
and paid in with the contribution of the CSN Establishment together with the business activities conducted therein and connected thereto
(&#8220;<U>Capital Increase</U>&#8221;). The Capital Increase Approval EGM shall also approve the issuance of a subscription bonus by
Congonhas Min&eacute;rios, as an additional advantage to CSN, which will be the subscriber of the shares issued as a result of the Capital
Increase, substantially in the terms of <U>Exhibit 2.1(ix)</U> in favor of CSN, to ensure that, upon the occurrence of a Liquidity Event,
CSN will be able to receive from Congonhas Min&eacute;rios the number of shares resulting from the Earn-Out set forth in ARTICLE VI for
an issuance price of ten thousand Brazilian reais (R$10,000.00) (&#8220;<U>Pre-Money Equity Value &#8211; Subscription Bonus</U>&#8221;);
</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 92.15pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 74.15pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">b.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the minutes of the Capital Increase Approval EGM and related documents required
by Law shall be taken to registration before the competent Board of Trade as soon as possible after their execution;</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 92.15pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 74.15pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">c.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">before the Drop Down Date, the resolutions of the Capital Increase Approval
EGM may be amended to adjust the amount of the Capital Increase to reflect any variation of the net amount of the CSN Establishment;</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 92.15pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 18pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 74.3pt"></TD><TD STYLE="width: 17.85pt"><FONT STYLE="font-size: 11pt; color: black">d.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">on Drop Down Date, after the Spin-Off but before the other actions for Closing
described in <U>Section 3.2</U>, the homologation and payment of the Capital Increase shall be approved in an extraordinary general meeting
of Congonhas Min&eacute;rios (&#8220;<U>Capital Increase Homologation EGM</U>&#8221;) pursuant to <U>Section 2.1.4</U>;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(x)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: black">on the Drop Down Date, the CSN employees that work in the CSN
Iron Ore Division </FONT><FONT STYLE="font-size: 11pt">(except for the CSN employees that work in the TECAR activities) <FONT STYLE="color: black">shall
be transferred to Congonhas Min&eacute;rios in the Drop Down </FONT>1<SUP>st</SUP> Installment<FONT STYLE="color: black">, in accordance
with the procedures described in <U>Exhibit 2.1(x)</U> (&#8220;</FONT><U>1<SUP>st</SUP> Installment</U> <FONT STYLE="color: black"><U>Transferred
Employees</U>&#8221;);</FONT></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(xi)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: black">on the Drop Down Date, CSN and Congonhas Min&eacute;rios shall
</FONT><FONT STYLE="font-size: 11pt">enter into an off-take agreement under the terms and conditions set forth in <U>Exhibit 2.1(xi)</U>
(&#8220;<U>CSN Off-Take Agreement</U>&#8221;);</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(xii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">on the Drop Down Date, <FONT STYLE="color: black">CSN and Congonhas Min&eacute;rios
shall </FONT>enter into a transition port services agreement under the terms and conditions set forth in <U>Exhibit 2.1(xii)</U> (&#8220;<U>Transition
Port Services Agreement</U>&#8221;);</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt; color: black">(xiii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">within [*] days from the Drop-Down Reference Date, the Drop-Down Specialized
Firm shall prepare (a) the valuation report (<I>laudo de avalia&ccedil;&atilde;o</I>) of the Namisa Excluded Assets (&#8220;<U>Spin-Off
Valuation Report</U>&#8221;), at book value, for purposes of the disproportionate spin-off of Namisa and the subsequent merger of the
Namisa Excluded Assets into CSN or an Affiliate of CSN, whereby only CSN will receive the Namisa Excluded Assets (&#8220;<U>Spin-Off</U>&#8221;),
based on the balance sheet</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 19 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 64.35pt; text-align: justify">of Namisa dated as of the Drop Down Reference
Date; and (b) the valuation report (<I>laudo de avalia&ccedil;&atilde;o</I>) of Namisa, at book value (&#8220;<U>Namisa&#8217;s Pre-Closing
Valuation Report</U>&#8221;), based on the balance sheet of Namisa dated as of the Drop Down Reference Date, projecting the effects of
the Spin-Off as subsequent event (&#8220;<U>Namisa&#900;s Pre-Closing Balance Sheet</U>&#8221;); <FONT STYLE="font-size: 11pt"><I>(</I>c)
the valuation report (<I>laudo de avalia&ccedil;&atilde;o</I>) of the consolidated book value of Namisa, for the purposes of the calculation
of the Pre-Closing Equity Interest Adjustment (&#8220;<U>Namisa&#8217;s Pre-Closing Consolidated Valuation Report</U>&#8221;), based on
the consolidated balance sheet of Namisa dated as of the Drop Down Reference Date (&#8220;<U>Namisa&#900;s Pre-Closing Consolidated Balance
Sheet</U>&#8221;); (d) the valuation report (<I>laudo de avalia&ccedil;&atilde;o</I>) of Congonhas Min&eacute;rios, at book value, for
the purposes of the calculation of the Pre-Closing Equity Interest Adjustment (&#8220;<U>Congonhas Min&eacute;rios&#8217; Pre-Closing
Valuation Report</U>&#8221;), based on the balance sheet of Congonhas Min&eacute;rios dated as of the Drop Down Reference Date (&#8220;<U>Congonhas
Min&eacute;rios&#900; Pre-Closing Balance Sheet</U>&#8221;); (e) the assurance report (<I>relat&oacute;rio de assegura&ccedil;&atilde;o</I>)
of the consolidated book value of Namisa, for the purposes of the calculation of the Pre-Closing Equity Interest Adjustment (&#8220;<U>Namisa
Consolidated Pro Forma Pre Closing Assurance Report</U>&#8221;), based on the consolidated balance sheet of Namisa dated as of the Drop
Down Reference Date and projecting the effects of the declaration of the Closing Dividends and of the Spin Off as subsequent events;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(xiv)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt; color: black">the Pre-Closing Equity Interest Adjustment shall be finalized
in accordance with <U>Section 3.4.1</U></FONT> <FONT STYLE="font-size: 11pt">and the management of Namisa and CSN (or
its Affiliate) shall enter into the protocol and justification of the Spin-Off (&#8220;<U>Protocol of the Spin-Off</U>&#8221;); </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(xv)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">On or before the Closing Date: (i) CSN Handel GmbH shall declare and distribute
dividends in an amount equal to the sum of its profits reserves up to and including December 31, 2014; (ii) Namisa Handel GmbH shall acquire
100% of the equity interests issued by CSN Handel GmbH from CSN Americas S.L.U. and CSN Minerals S.L.U., for the amount corresponding
to CSN Handel GmbH&#8217;s net worth at book value, to be made in accordance with <U>Section 3.14</U>; (iii) once items (i) and (ii) have
been implemented, CSN Handel GmbH shall be merged into Namisa Handel GmbH and, as result thereof, Namisa Handel shall succeed CSN Handel
GmbH in all of its rights and obligations, including those under the offtake agreements with third parties previously held by CSN Handel
GmbH (the &#8220;<U>Handel Merger</U>&#8221;); and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(xvi)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">by November 15, 2015, (a) KPMG shall prepare the valuation report (<I>laudo
de avalia&ccedil;&atilde;o</I>) of Namisa, at fair value (<I>valor econ&ocirc;mico</I>), for purposes of the Namisa 40% Contribution by
JKTC Parties (&#8220;<U>Namisa 40% Contribution Valuation Report</U>&#8221;), based on the balance sheet of Namisa dated as of the Drop
Down Reference Date projecting the effects of the distribution of the Closing Dividends as subsequent events (&#8220;<U>Namisa 40% Contribution
Balance Sheet</U>&#8221;)</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>2.1.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">The Investors agree that in case of shortage of profits or
reserves for the declaration of the Closing Dividends provided for in <U>Section 2.1(viii)(2)</U>, the amount that Namisa was not able
to declare as dividends shall be distributed to the relevant shareholders as capital reduction.</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>2.1.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">(excluded)</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>2.1.3</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">Upon the registration of the corporate documents regulating
the transfer of the Congonhas Min&eacute;rios Excluded Assets to CSN or its Affiliate by the competent Board of Trade, CSN or its Affiliate,
as applicable, and Congonhas Min&eacute;rios shall require to the competent judicial authorities, in relation to the Claims related to
Congonhas Min&eacute;rios Excluded Assets,</FONT></P>


<!-- Field: Page; Sequence: 20 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm">if any, (i) the inclusion of CSN or its Affiliate,
as applicable and the exclusion of Congonhas Min&eacute;rios as defendant, in which case the defense of such Claims will be conducted
by CSN or its Affiliate, as applicable, which shall also pay directly any Losses arising therefrom; or, if this is not possible (ii) the
inclusion of CSN or its Affiliate, as applicable, as co-defendant or assistant (&#8220;<I>assistente</I>&#8221;), in which case the defense
of such Claims will be controlled by CSN or its Affiliate, as applicable, on behalf of Congonhas Min&eacute;rios, and CSN or its Affiliate,
as applicable, shall pay directly any Losses arising therefrom. In case such substitution or inclusion is not possible for any reason,
Congonhas Min&eacute;rios shall continue to conduct such Claims and <U>Section <FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">8.1(iv)</FONT></U><FONT STYLE="font: 11pt Times New Roman,serif">
shall apply. </FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>2.1.4</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">On the Drop-Down Date, CSN shall hold the Capital Increase
Homologation EGM to deliberate on the following: (I) the homologation of the Capital Increase; (II) the approval of the payment of the
Capital Increase in two installments; (III) ratification of the appointment and engagement of the Drop-Down Specialized Firm; (IV) the
approval of the CSN Establishment Drop-Down Valuation Report; (V) acknowledgement of the partial payment of the Capital Increase through
the contribution of the 1st Installment of the CSN Establishment to Congonhas Min&eacute;rios; (VI) the approval of an additional term
for the full payment of the Capital Increase after TECAR Approval is obtained, through the contribution of the remaining portion of the
CSN Establishment <U>(i.e, the 2<SUP>nd</SUP> Installment of the CSN Establishment</U>); (VII) if applicable, any re-ractification of
the Capital Increase; and (VIII) the amendments to the bylaws of Congonhas Min&eacute;rios to reflect the Capital Increase (&#8220;<U>Drop-Down
1st Installment</U>&#8221;).</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>2.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Cooperation</U>. The Investors, Namisa and Congonhas Min&eacute;rios shall cooperate with
each other and make any additional information available, as may be required, on a reasonable basis, by the requesting party, for the
perfect completion of the Preparatory Actions to the Closing, the Spin-Off, The Namisa 40% Contribution, the Closing Sale of Shares, the
Drop Down 2<SUP>nd</SUP> Installment and the Merger, as quickly as possible. </FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>2.3</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Closing Notice</U>. Until November 15, 2015, CSN shall send a notice to JKTC Parties (the
&#8220;<U>Closing Notice</U>&#8221;, and the date in which the Closing Notice is sent, the &#8220;<U>Closing Notice Date</U>&#8221;) informing
that all Conditions Precedent have been or are expected to be satisfied at the Closing Date, together with:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(i)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the Namisa Pre-Closing Valuation Report<I>;</I></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(ii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the Namisa Pre-Closing Balance Sheet, the Namisa Pre-Closing Consolidated
Balance Sheet, the Namisa Consolidated Pro Forma Pre Closing Assurance Report, the Congonhas Min&eacute;rios&#8217; Pre-Closing Balance
Sheet, a pro forma balance sheet of Congonhas Min&eacute;rios as of the Drop Down Reference Date as if the CSN Establishment was combined
to Congonhas Min&eacute;rios as of the Drop Down Reference Date and also projecting the effects of the Spin-off and the declaration of
the Closing Dividends as subsequents events (&#8220;<U>Pro Forma Pre-Closing Balance Sheet</U>&#8221;);</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 18pt">(iii)</TD><TD STYLE="text-align: justify">(a) the Working Capital of Congonhas Min&eacute;rios on the Drop Down Reference Date, in Reais, based
on the Pro Forma Pre-Closing Balance Sheet (&#8220;<U>Congonhas Min&eacute;rios&#8217; Working Capital on the Drop Down Reference Date</U>&#8221;);
and (b) the Net Debt of Congonhas Min&eacute;rios on the Drop Down Reference Date, in Reais, based on the Pro Forma Pre-Closing Balance
Sheet (&#8220;<U>Congonhas Min&eacute;rios&#8217; Net Debt on the Drop Down Reference Date</U>&#8221;), with the relevant underlying calculations
and figures in the form set forth in <U>Schedule 2.3(iii)</U> <FONT STYLE="color: black">both confirmed by the Drop Down Specialized Firm</FONT>;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(iv)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">(a) the Working Capital of Namisa on the Drop Down Reference Date, in Reais,
based on the Namisa Consolidated Pro Forma Pre Closing Assurance Report (&#8220;<U>Namisa&#8217;s Working Capital on the Drop Down Reference
Date</U>&#8221;); and (b) the Net Debt of Namisa</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 21 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 0 0 12pt 43.1pt; text-align: justify">on the Drop Down Reference Date, in Reais, based
on the Namisa Consolidated Pro Forma Pre Closing Assurance Report (&#8220;<U>Namisa&#8217;s Net Debt on the Drop Down Reference Date</U>&#8221;),
with the relevant underlying calculations and figures in the form set forth in <U>Schedule <FONT STYLE="font-size: 11pt">2.3(iv)</FONT></U><FONT STYLE="font-size: 11pt">
<FONT STYLE="color: black">both confirmed by the Drop Down Specialized Firm</FONT>;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(v)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt"><U>Exhibit I</U> updated as of the Drop Down Reference Date to reflect events,
changes, circumstances, developments, effects or state of facts occurred between the Reference Date and the Drop Down Reference Date,
subject to <U>Section 4.2</U>, which shall be deemed modified for all purposes of this Agreement, so that any references herein to <U>Exhibit
I</U> shall be understood as references to its updated version;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(vi)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Supplements to Exhibit(s) and Schedule(s) to <U>Section 7.1</U> to reflect
the representations and warranties as of October 31, 2015, as applicable, specifying the changes thereto, subject to <U>Section 10.8</U>
(&#8220;<U>Closing Notice Bring Down Supplements</U>&#8221;); and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(vii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">The list of Transferred Employees and the names of the Directors and Officers
of the Company to be appointed by CSN (or by the Directors appointed by CSN) on the Closing Date.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>2.3.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">Upon receipt of the Closing Notice, on the Closing Notice
Date, JKTC Parties will acknowledge in writing the fulfillment or waiver of the Conditions Precedent (other than those that are expected
to be satisfied at the Closing Date, as indicated in the Closing Notice).</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 18pt">&nbsp;</P>

<P STYLE="font: bold 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center; text-indent: 0cm"><FONT STYLE="font-size: 11pt">ARTICLE
III</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp; </FONT><FONT STYLE="font-size: 11pt"><BR>
SPIN-OFF, DROP-DOWN 1<SUP>ST</SUP> INSTALLMENT, NAMISA 40% CONTRIBUTION, CLOSING
SALE OF SHARES AND POST CLOSING COVENANTS</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Spin-Off, Drop-Down 1<SUP>st</SUP> Installment, Namisa 40% Contribution and Closing Sale of
Shares</U>. On Closing Date, CSN, on one side, and CSN and JKTC <FONT STYLE="color: black">Parties</FONT>, on the other side, shall implement
the Spin-Off, the Drop Down 1<SUP>st</SUP> Installment, the Namisa 40% Contribution and the Closing Sale of Shares in accordance with
this <U>ARTICLE III</U>. </FONT><FONT STYLE="font-size: 11pt">The Investors shall use their best efforts to cause
the Spin-Off, the Drop Down 1<SUP>st</SUP> Installment, the Namisa 40% Contribution and the Closing Sale of Shares to occur as soon as
possible after the Date of Effectiveness, but no later than the Drop Dead Date. </FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Actions and Procedures on the Closing Date</U>. Subject to the terms and conditions of this
Agreement, the Investors shall take the following actions on the Closing Date:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 24.55pt"><FONT STYLE="font-size: 11pt">(i)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Namisa shall pay the portion of the Closing Dividends set forth in <U>Section
2.1(viii)</U>;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 24.55pt"><FONT STYLE="font-size: 11pt">(ii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">(excluded);</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 24.55pt"><FONT STYLE="font-size: 11pt">(iii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">CSN and JKTC <FONT STYLE="color: black">Parties</FONT> shall hold an extraordinary
shareholders' meeting of Namisa to deliberate on: (a) the ratification of the name of the Drop-Down Specialized Firm that has prepared
the Spin-Off Valuation Report, as referred to in <U>Section 2.1(xiii)</U> above; (b) the Spin-Off Valuation Report; (c) the Protocol of
Spin-Off and (d) the Spin-Off and the consequent capital reduction of Namisa&#900;s corporate capital with the cancellation of part of
the shares of Namisa owned by CSN (&#8220;<U>Namisa&#8217;s Spin-Off AGE</U>&#8221;);</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 24.55pt"><FONT STYLE="font-size: 11pt">(iv)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">an extraordinary shareholders' meeting of CSN (or its Affiliate) shall be
held to deliberate on: (a) the ratification of the name of the Drop-Down Specialized Firm; (b) Spin-Off Valuation Report; (c) the Protocol
of Spin-Off; and (d) the Spin-Off and the</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 22 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 0 0 12pt 49.65pt; text-align: justify">consequent capital increase of CSN or its Affiliate
(if applicable), provided that no new share of CSN or its Affiliate, as the case may be, will be issued or delivered to JKTC <FONT STYLE="color: black">Parties</FONT>
as a result of the Spin-Off (&#8220;<U>CSN Spin-Off AGE</U>&#8221;);</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 24.55pt"><FONT STYLE="font-size: 11pt">(v)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">immediately after the Namisa&#8217;s Spin-Off AGE, the CSN Spin-Off AGE
and the Drop-Down 1<SUP>st</SUP> Installment, CSN shall hold an extraordinary shareholders' meeting of Congonhas Min&eacute;rios (&#8220;<U>Congonhas
Min&eacute;rios&#8217; Closing AGE</U>&#8221;) to deliberate on:</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 69.75pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the ratification of the name of the Drop-Down Specialized Firm; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 69.75pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(b)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Namisa&#8217;s 40% Contribution Valuation Report; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 69.75pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(c)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">a capital increase of Congonhas with the issuance of (I) new shares of Congonhas
Min&eacute;rios to be subscribed by JKTC Parties (including BJIOC SPC) and paid in on the Closing Date with all shares issued by Namisa
owned by JKTC Parties, so that, as a result of such capital increase, the participation of JKTC Parties and CSN in Congonhas Min&eacute;rios
reflects the Pre-Closing Equity Interest Adjustment (&#8220;<U>Namisa 40% Contribution</U>&#8221;); (II) a subscription bonus by Congonhas
Min&eacute;rios, as an additional advantage to JKTC Parties, which will be the subscriber of the shares issued as a result of the Namisa
40% Contribution, substantially in the terms of <U>Exhibit 2.1(v)</U> in favor of the JKTC Parties for the purposes of <U>Section 11.4.4.1</U>
(&#8220;<U>Land Acquisition Subscription Bonus</U>&#8221;); </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 69.75pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(d)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the amendment of the By-laws of Congonhas Min&eacute;rios, substantially
in the form attached hereto in <U>Exhibit III</U>; and </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 69.75pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(e)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the appointment of the new members of the Board of Directors of Congonhas
Min&eacute;rios, in accordance with the provisions of the Shareholders&#8217; Agreement.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 24.55pt"><FONT STYLE="font-size: 11pt">(vi)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">(excluded);</FONT></TD></TR></TABLE>


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 24.55pt"><FONT STYLE="font-size: 11pt">(vii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">immediately after the Congonhas Min&eacute;rios&#8217; Closing AGE, the
management of Congonhas Min&eacute;rios and of CSN (or its Affiliate), as applicable, shall cause all acts, instruments and/or documents
necessary for the consummation of the Spin-Off and of the Namisa&#8217;s 40% Contribution to be signed or to be entered into, and immediately
after Congonhas Min&eacute;rios Closing AGE, BJIOC shall contribute part of its shares in Congonhas Min&eacute;rios to BJIOC SPC (&#8220;<U>Contribution
to BJIOC SPC</U>&#8221;);</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 24.55pt"><FONT STYLE="font-size: 11pt">(viii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">immediately after the Congonhas Min&eacute;rios&#8217; Closing AGE, the
JKTC Parties shall sell to CSN, in the proportion indicated in <U>Schedule 3.2(viii)</U> and CSN shall buy from JKTC Parties: <FONT STYLE="color: black">(a)
common shares representing [*] of Congonhas Min&eacute;rios&#8217; capital stock (&#8220;<U>Sale Percentage</U>&#8221;),
based on an equity value of Congonhas Min&eacute;rios of [*] and (b) the equivalent to </FONT>the Incremental Equity Percentage, for [*],
net of Brazilian Taxes <FONT STYLE="color: black">(&#8220;<U>Closing Sale of Shares</U>&#8221;), in accordance with Section
3.5</FONT>. For the avoidance of doubt, no representations and warranties will be provided in the context of the Closing Sale of Shares;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 24.55pt"><FONT STYLE="font-size: 11pt">(ix)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">CSN shall make the payments for the Closing Sale of Shares to the JKTC Parties,
subject to <U>Sections 3.6</U>, <U>3.6.1</U> and <U>3.6.2</U>;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 24.55pt"><FONT STYLE="font-size: 11pt">(x)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the Parties shall enter into the Shareholders' Agreement;</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 23 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 24.55pt"><FONT STYLE="font-size: 11pt">(xi)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Congonhas Min&eacute;rios and each of POSCO,
CSC, JFE Steel Corporation, Kobe Steel, Ltd. and Nisshin Steel Co., Ltd. shall enter into off-take agreements under the terms set forth
in <U>Exhibit 3.2(xi)</U> (&#8220;<U>JKTC Off-Take Agreements</U>&#8221; and, together with the CSN Off-Take Agreement, the &#8220;<U>Off-Take
Agreements</U>&#8221;);</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 24.55pt"><FONT STYLE="font-size: 11pt">(xii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Itochu Corporation and Congonhas Min&eacute;rios shall enter into a marketing
consulting agreement under the terms set forth in <U>Exhibit 3.2(xii)</U> (&#8220;<U>Itochu Marketing Services Agreement</U>&#8221;);</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 24.55pt"><FONT STYLE="font-size: 11pt">(xiii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the Parties shall enter into any other documents necessary for the implementation
of the Spin-Off, the Drop Down 1<SUP>st</SUP> Installment, the Namisa 40% Contribution, the Closing Sale of Shares in accordance with
the terms of this Agreement;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-size: 11pt">(xiv)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">CSN shall provide a written statement to JKTC confirming that the Transferred
Employees were transferred to Congonhas Min&eacute;rios on the Closing Date; </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 49.65pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-size: 11pt">(xv)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the shareholders&#8217; agreement of Namisa executed between CSN and JKTC
Parties shall be terminated and CSN and Congonhas Min&eacute;rios shall enter into the transition shareholders&#8217; agreement of Namisa
substantially in the form of <U>Exhibit 3.2(xv)</U> (&#8220;<U>Transition Shareholders Agreement</U>&#8221;); </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-size: 11pt">(xvi)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">immediately after the Closing Sale of Shares, Congonhas Min&eacute;rios
and CSN shall hold an extraordinary shareholders' meeting of Namisa to deliberate on: (i) the conversion of part of the Company&#8217;s
common shares into preferred; and (ii) the amendment to Namisa&#8217;s bylaws, substantially in the terms of <U>Schedule 3.2(xvi)</U>
(&#8220;<U>Namisa&#8217;s Conversion AGE</U>&#8221;);</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-size: 11pt">(xvii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">immediately after the Namisa&#8217;s Conversion AGE, Congonhas Min&eacute;rios
and CSN shall hold an extraordinary shareholders' meeting of Namisa to deliberate on the distribution of dividends to Congonhas Min&eacute;rios
in the amount of approximately US$170 million (&#8220;<U>Namisa&#8217;s Dividends AGE</U>&#8221;), substantially in the terms of <U>Schedule
3.2(xvii)</U>;</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 24.55pt"><FONT STYLE="font-size: 11pt">(xviii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the Transitional Agreement, the Namisa SPA and the Namisa SHA, as defined
in the Transitional Agreement, shall be automatically terminated subject to <U>Section 3.2.2</U> of this Agreement, and the Parties shall
enter into the Amendment to the Existing Agreements and other Covenants substantially in the terms of <U>Schedule 3.2(xviii)</U> (&#8220;<U>Amendment
to the Existing Agreements</U>&#8221;); and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 25.1pt"></TD><TD STYLE="width: 24.55pt"><FONT STYLE="font-size: 11pt">(xix)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the Parties and the financial institution to be selected by the Parties
shall agree on a single exchange rate to be used for the definition of the amounts in Reais to be declared as Closing Dividends, and for
the flow of funds in relation to the payments to be made and liquidated on the Closing Date, so that each of the Parties receives, on
the Closing Date, the part of the Closing Dividends payable on the Closing Date in accordance with <U>Section 2.1(viii)(1)</U> and the
price for the Closing Sale of Shares (as applicable) in the bank accounts indicated in <U>Schedule 3.2(viii)</U>, subject to <U>Sections
3.6, 3.6.1</U> and <U>3.6.2</U>. The Closing shall only be considered effective upon the occurrence of all the acts indicated in each
of the items of this <U>Section 3.2</U>, including this item (xix), as provided for in <U>Section 3.3</U>.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>3.2.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">Between November 15, 2015 and the Closing Date, CSN may deliver
to JKTC Parties additional supplements to Exhibit(s) and Schedule(s) to <U>Section 7.1,</U> to reflect changes to the representations
and warranties as of the Closing Date, specifying such changes, subject to <U>Section 10.8</U> (&#8220;<U>Closing Bring Down Supplements</U>&#8221;
and, together with the Closing Notice</FONT></P>


<!-- Field: Page; Sequence: 24 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0 3pt 14.2pt; text-align: justify">Bring Down Supplements and the 2<SUP>nd</SUP> Installment
Bring Down Supplements, the &#8220;<U>Bring Down Supplements</U>&#8221;).</P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>3.2.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">Upon termination of the Transitional Agreement in accordance
with <U>Section 3.2(xviii)</U>, the effects of the Amendments to the Operating Agreements (as defined therein) between the Date of Effectiveness
and the Closing Date will be considered reaffirmed by the Parties, so that the Interest on Prepayment (as defined therein) during such
period will be considered as definitively cancelled.</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>3.2.3</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">The Parties hereby agree that all proceeds derived from the
operations of Namisa Handel immediately following the Closing Date shall be allocated or distributed to Congonhas Min&eacute;rios.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.3</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Concurrent Actions for the Closing</U>. All acts and obligations indicated in <U>Section 3.2</U>
shall be considered to happen concurrently. No act and/or obligation shall be considered effectively taken or satisfied until all other
acts and/or obligations set forth in <U>Section 3.2</U> have been taken or satisfied, except if the Investors agree otherwise, in writing.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.4</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Preliminary Shareholding Ratio</U>. The Investors have agreed that the Enterprise Value of
Congonhas Min&eacute;rios is [*]. Based on such Enterprise Value, before any adjustment to be made pursuant to <U>Section 3.4.1</U> and
before the Closing Sale of Shares: (i) CSN shall hold common shares representing [*] of Congonhas Min&eacute;rios&#8217; total capital
stock and (ii) JKTC <FONT STYLE="color: black">Parties</FONT> shall hold common shares representing [*] of Congonhas Min&eacute;rios total
capital stock (considering the effects of the Spin-Off).</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>3.4.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">The percentage of the capital stock of Congonhas Min&eacute;rios
to which each Investor shall be entitled to as a result of the Namisa 40% Contribution shall be adjusted before the Closing Date in accordance
with this <U>Section 3.4.1</U> and shall differ from and prevail over the preliminary shareholding ratio informed in <U>Section 3.4</U>
above (&#8220;<U>Pre-Closing Equity Interest Adjustment</U>&#8221;).</FONT><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">For
purposes of the Pre-Closing Equity Interest Adjustment, JKTC Parties shareholding position resulting from the Namisa 40% Contribution
(&#8220;<U>JKTC Shareholding Position Resulting from Closing</U>&#8221;) shall be calculated according to the formula set forth below:</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify"><B>JKTC Top Shareholding
Position</B> = ([*]) (&#8220;<U>JKTC Top Shareholding Position</U>&#8221;).</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify">Where &Delta;
Working Capital of Namisa = ([*])</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify"><B>JKTC Bottom Shareholding
Position</B> = ([*]) &#8211; 1 (&#8220;<U>JKTC Bottom Shareholding Position</U>&#8221;)</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><B>JKTC Shareholding Position
Resulting from Closing = </B>JKTC Top Shareholding Position.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt 14.2pt; text-align: justify; text-indent: 0cm">Illustrative calculations
of JKTC Top Shareholding Position, JKTC Bottom Shareholding Position and JKTC Shareholding Position Resulting from the Closing are available
in <U>Exhibit 3.4.1</U>.</P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.5</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>JKTC Post Closing Sale of Shares</U>. Immediately after the Namisa 40% Contribution, CSN shall
acquire from JKTC <FONT STYLE="color: black">Parties</FONT>, in the proportion indicated in <U>Schedule 3.2(viii)</U>, (i) the Congonhas
Min&eacute;rios&#8217; common shares representing the Sale Percentage (&#8220;<U>Additional CSN Shares</U>&#8221;) and (ii) Congonhas
Min&eacute;rios&#8217; common shares representing the Incremental Equity Percentage. The price to be paid by CSN for the common shares
representing the Incremental Equity Percentage shall be [*], to be paid in accordance with <U>Sections 3.6</U>, <U>3.6.1</U> and <U>3.6.2</U>.
JKTC <FONT STYLE="color: black">Parties</FONT>&#8217; shareholding position in Congonhas Min&eacute;rios&#8217; immediately after the Closing
Sale of Shares (&#8220;<U>JKTC Top Shareholding Position Post Closing Sale of Shares</U>&#8221;) and the price to be paid by CSN to JKTC
<FONT STYLE="color: black">Parties</FONT> for the Additional CSN Shares (&#8220;<U>Additional CSN Shares Price</U>&#8221;) shall be calculated
as follows:</FONT></P>


<!-- Field: Page; Sequence: 25 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt 14.2pt; text-align: justify"><B>JKTC Top Shareholding
Position Post Closing Sale of Shares </B>= JKTC Shareholding Position Resulting from Closing &#8211; (Sale Percentage + Incremental Equity
Percentage).</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><B>JKTC Bottom Shareholding
Position Post Closing Sale of Shares</B> = ([*] (&#8220;<U>JKTC Bottom Shareholding Position Post Closing Sale of Shares</U>&#8221;).</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt 14.2pt; text-indent: 0cm"><B>Additional CSN Shares Price</B> = [*] * Sale
Percentage</P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>3.5.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">JKTC Parties&#8217; shareholding ratio may be diluted linearly
between the JKTC Top Shareholding Position Post Closing Sale of Shares and JKTC Bottom Shareholding Position Post Closing Sale of Shares
as a result of a Liquidity Event Conversion, as explained in ARTICLE VI. </FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.6</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Taxes</U>. Except as otherwise provided in this Agreement (including in <U>Sections 3.6.1</U>
and <U>3.6.2</U>), all Taxes arising from or in connection with the Drop Down, the Spin-Off, the Namisa 40% Contribution and the Closing
Sale of Shares shall be borne by the party which is the taxpayer for the relevant taxable event.</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>3.6.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">JKTC Parties shall bear any Taxes, including, but not limited
to, income tax on capital gains and IOF, whether under the Laws of Brazil or abroad arising from the sale of the Sale Percentage to CSN.
CSN shall bear the income tax imposed on capital gains under the Laws of Brazil arising from the sale of the Incremental Equity Percentage
to CSN and IOF imposed on the remittance of the proceeds for the acquisition of the Incremental Equity Percentage, provided that any Taxes
under Laws of any other jurisdiction shall be borne by the relevant JKTC Party.</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>3.6.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">Pursuant to the applicable Brazilian Laws, CSN shall deduct
and withhold the income tax levied on the remittance of the price to be paid for the Sale Percentage and for the Incremental Equity Percentage
to JKTC Parties, if any, based on a calculation of such tax withholding in accordance with the Law. CSN shall also deduct the IOF levied
on the remittance of the price to be paid for the Sale Percentage. JKTC Parties agree to provide CSN, at least 2 (two) days in advance
of the Closing Date, with a notice containing the assessment of the taxable capital gain and the tax to be withheld, as well as any information
and documentation necessary to complete the DARF corresponding to the withholding tax in accordance with <U>Sections 3.6</U>, <U>3.6.1</U>
and <U>3.6.2</U>. BJIOC hereby expressly instructs CSN not to withhold any amount as Brazilian withholding income tax on potential capital
gains from the price to be paid to BJIOC for the shares to be sold by it under the Closing Sale of Shares, as long as the double tax treaty
executed by Brazil and Japan, as ruled by Decree n. 61.899 dated December 14, 1967 remains in effect on the Closing Date. CSN shall deliver
to JKTC Parties a certified copy of the DARFs corresponding to the withholding income tax payments, if any, made as provided herein. Each
JKTC Party shall be held liable for all income taxes levied on the capital gains derived by them as a result of the Closing Sale of Shares
and shall defend for any Claims and indemnify and hold CSN harmless from and in respect of, without limitation of term or value, any Losses
arising out of the withholding set forth herein (including amounts remitted to Japan in relation to which no withholding is made). To
the extent that amounts are so withheld by CSN, such withheld amounts shall be treated for all purposes of this Agreement as having been
paid to the relevant JKTC Party in respect of which such deduction and withholding was made by CSN. Each JFE Steel Corporation, Kobe Steel,
Ltd., Nisshin Steel Co., Ltd. and Itochu Corporation shall be individually liable proportionally to their equity stake in BJIOC for the
indemnification obligations of BJIOC provided in <U>Sections 3.6.1</U> and <U>3.6.2</U>.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.7</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Closing Balance Sheets</U>. Within [*] days from the Closing Date, CSN shall cause Congonhas
Min&eacute;rios to deliver to JKTC <FONT STYLE="color: black">Parties</FONT>:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(i)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">(a) the pro-forma balance sheet of Congonhas Min&eacute;rios as of the Closing
Date, immediately before the Namisa 40% Contribution, combined with a pro-forma balance</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 26 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 0 0 12pt 36pt; text-align: justify">sheet of the <FONT STYLE="font-size: 11pt">2<SUP>nd</SUP>
Installment of the CSN Establishment as of the Closing Date, (&#8220;<U>Closing Balance Sheet of Congonhas Min&eacute;rios</U>&#8221;)
and (b) the balance sheet of Namisa as of the Closing Date (&#8220;</FONT><FONT STYLE="font-size: 11pt"><U>Closing
Balance Sheet of Namisa</U>&#8221;</FONT><FONT STYLE="font-size: 11pt">and together with the Closing Balance
Sheet of Congonhas Min&eacute;rios, the &#8220;<U>Closing Balance Sheets</U>&#8221;);</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 11pt">(ii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">(a) the Working Capital of Congonhas Min&eacute;rios on the Closing Date
based on the Closing Balance Sheet of Congonhas Min&eacute;rios (&#8220;<U>Closing Working Capital of Congonhas Min&eacute;rios</U>&#8221;)
and (b) the Net Debt of Congonhas Min&eacute;rios on the Closing Date based on the Closing Balance Sheet of Congonhas Min&eacute;rios
(&#8220;<U>Closing Net Debt of Congonhas Min&eacute;rios</U>&#8221;), in Reais, together with the relevant underlying calculations and
figures in the form set forth in <U>Schedule 3.7(ii)</U>, <FONT STYLE="color: black">both confirmed by the Drop Down Specialized Firm</FONT>;</FONT><FONT STYLE="font-size: 11pt">and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman,serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 18pt">(iii)</TD><TD STYLE="text-align: justify">(a) the Working Capital of Namisa on the Closing Date based on the Closing Balance Sheet of Namisa (&#8220;<U>Closing
Working Capital of Namisa</U>&#8221;) and (b) the Net Debt of Namisa on the Closing Date based on the Closing Balance Sheet of Namisa
(&#8220;<U>Closing Net Debt of Namisa</U>&#8221;), in Reais, together with the relevant underlying calculations and figures in the form
set forth in <U>Schedule 3.7(iii)</U>, <FONT STYLE="color: black">both confirmed by the Drop Down Specialized Firm</FONT>.</TD></TR></TABLE>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>3.7.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">Any difference between: (i) the Closing Working Capital of
Congonhas Min&eacute;rios and the Congonhas Min&eacute;rios&#900; Working Capital on the Drop Down Reference Date (&#8220;<U>&Delta;
Closing Working Capital of Congonhas Min&eacute;rios</U>&#8221;); and (ii) the Closing Working Capital of Namisa and the Namisa&#900;s
Working Capital on the Drop Down Reference Date (&#8220;<U>&Delta; Closing Working Capital of Namisa</U>&#8221;), shall be reimbursed
in cash, according to the formula set forth below:</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 12pt 0 3pt 35.45pt; text-align: justify; text-indent: 0cm">Net Closing Working Capital
Cash Adjustment = ([*])*JKTC Top Shareholding Position.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 12pt 0 3pt 35.45pt; text-align: justify; text-indent: 0cm">In case Net Closing Working
Capital Cash Adjustment is positive number, JKTC will be reimbursed by CSN in the amount equivalent to the Net Closing Working Capital
Cash Adjustment. In case the number is negative, JKTC will reimburse CSN in such amount.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 12pt 0 3pt 35.45pt; text-align: justify; text-indent: 0cm">Where &Delta; Closing
Working Capital of Namisa = [*].</P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>3.7.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">Any difference between: (i) the Closing Net Debt of Congonhas
Min&eacute;rios and the Congonhas Min&eacute;rios&#900; Net Debt on the Drop Down Reference Date (&#8220;<U>&Delta; Closing Net
Debt of Congonhas Min&eacute;rios</U>&#8221;); and (ii) the Closing Net Debt of Namisa and the Namisa&#900;s Net Debt on the Drop Down
Reference Date (&#8220;<U>&Delta; Closing Net Debt of Namisa</U>&#8221;), shall be reimbursed in cash, according to the formula set
forth below:</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 12pt 0 3pt 35.45pt; text-align: justify; text-indent: 0cm">Net Closing Net Debt Cash
Adjustment = [*].</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 12pt 0 3pt 35.45pt; text-align: justify; text-indent: 0cm">In case Net Closing Net
Debt Cash Adjustment is positive number, JKTC will reimburse CSN in the amount equivalent to the Net Closing Net Debt Cash Adjustment.
In case the number is negative, JKTC will be reimbursed by CSN in such amount.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 12pt 0 3pt 35.45pt; text-align: justify; text-indent: 0cm">Where &Delta; Closing
Net Debt of Namisa = [*].</P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>3.7.3</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">Illustrative calculations of the Net Closing Working Capital
Cash Adjustment are contained in <U>Schedule 3.7.3(a)</U> and of the Net Closing Net Debt Cash Adjustment are contained in <U>Schedule
3.7.3(b)</U>.</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>3.7.4</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">The payment provided in <U>Section 3.7.1</U> and <U>Section
3.7.2</U> shall be effected within sixty (60) days from the date its amount is finally determined.</FONT></P>


<!-- Field: Page; Sequence: 27 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.8</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B> <FONT STYLE="font-size: 11pt"><U>MRS Shareholders Agreement</U>. As soon as the necessary approvals have been obtained, Congonhas
Min&eacute;rios shall execute the Adhesion Term to the MRS Shareholders Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.9</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">The minutes of the Capital Increase Homologation EGM and the other relevant documents required
by Law shall be taken to registration before the competent Board of Trade and published as soon as possible after their execution. Once
registered, a copy of the registered version of all such documents shall be delivered to the JKTC Parties.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.10</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">As soon as practical after the Preliminary License for expansion of the capacity of TECAR to
60 Mtpy is issued, CSN or Congonhas Min&eacute;rios, as the case may be, shall apply for the Installation License for expansion of the
capacity of TECAR to 60 Mtpy before the relevant Governmental Authorities. In any case, CSN shall support and cause Congonhas Min&eacute;rios
to apply for such Installation License.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.11</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">CSN shall cooperate, endeavor its best efforts, deliver all necessary documents and discuss with
the competent Governmental Authorities for the purposes of obtaining the approvals listed in <U>Exhibit 3.11</U> hereto.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.12</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">CSN shall report, for all purposes, including tax and accounting, CSN Handel GmbH&#8217;s profits
accrued until the Closing Date (including the profits for year 2015), after the distribution of profits described in <U>Section 2.1(xv)</U>
above, and reflect it in the applicable documents and tax reports.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.13</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">On December 1<SUP>st</SUP>, 2015, CSN Energia S.A. shall enter into a PPA (power purchase agreement)
with Congonhas Min&eacute;rios with start of supply on such same date, under market practice terms and conditions.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.14</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">As soon as possible, but no later than thirty (30) days after the Handel Merger takes place,
the payment of the purchase price for the acquisition by Namisa Handel GmbH of CSN Handel GmbH shall be made (together with items (i)
(ii) and (iii) of <U>Section 2.1(xv)</U>, the &#8220;<U>Handel Transaction</U>&#8221;).</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.15</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">Upon the registration of the minutes of the Capital Increase Homologation EGM by the competent
Board of Trade, CSN and Congonhas Min&eacute;rios shall require to the competent judicial authorities, in relation to the Claims identified
in <U>Exhibit 3.15</U> the inclusion of Congonhas Min&eacute;rios and the exclusion of CSN as defendant, in which case the defense of
such Claims will be conducted by Congonhas Min&eacute;rios, which shall also pay directly any Losses arising therefrom; or, if this is
not possible (ii) the inclusion of Congonhas Min&eacute;rios as co-defendant or assistant (&#8220;<I><U>assistente</U></I>&#8221;), in
which case the defense of such Claims will be controlled by Congonhas Min&eacute;rios, on behalf of CSN, and Congonhas Min&eacute;rios
shall pay directly any Losses arising therefrom. In case such substitution or inclusion is not possible for any reason, CSN shall continue
to conduct such Claims and <U>Section 8.3</U> shall apply.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.16</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">On the Closing Date, CSN and Congonhas Min&eacute;rios shall provide a written statement to JKTC
confirming that Congonhas Min&eacute;rios is operated by the 1<SUP>st</SUP> Installment Transferred Employees.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.17</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Drop Down 2<SUP>nd </SUP>Installment and Merger</U>. As soon as the TECAR Transfer Approvals
have been obtained, CSN shall engage the Drop Down Specialized firm (a) to prepare the valuation report of the 2<SUP>nd</SUP> Installment
of the CSN Establishment, at book value, based on the balance sheet of CSN as of the last day of the month prior to the month in which
all the TECAR Approvals are obtained (&#8220;<U>Drop Down 2<SUP>nd</SUP> Installment Reference Dat</U>e&#8221;) for purposes of the Drop-Down
2<SUP>nd</SUP> Installment (&#8220;<U>CSN Establishment 2<SUP>nd</SUP> Installment Valuation Report</U>&#8221;) and (b) to prepare the
valuation report of Namisa as of the Drop Down 2<SUP>nd</SUP> Installment Reference Date, for the purposes of the Merger (&#8220;<U>Namisa&#8217;s
Merger Valuation Report</U>&#8221;).</FONT></P>


<!-- Field: Page; Sequence: 28 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>3.17.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B> <FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">As soon as the Merger Valuation Report is delivered, the
management of Namisa and Congonhas Min&eacute;rios shall enter into the protocol and justification of the Merger (&#8220;<U>Protocol of
Merger</U>&#8221;).</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>3.17.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">On the last day of the month immediately following the month
in which the Drop Down Specialized Firm has been hired (&#8220;<U>Drop Down 2<SUP>nd</SUP> Installment Date</U>&#8221;):</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42pt"></TD><TD STYLE="width: 0.55pt"><FONT STYLE="font-size: 11pt">(a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">CSN and JKTC Parties shall hold an Extraordinary General Meeting of Congonhas
Min&eacute;rios (&#8220;<U>Drop Down 2<SUP>nd</SUP> Installment EGM</U>&#8221;) and approve (I) the ratification of the appointment and
engagement of the Drop Down Specialized Firm; (II) the approval of the CSN Establishment 2<SUP>nd</SUP> Installment Valuation Report;
(III) if applicable, any re-ractification of the Capital Increase, provided that, in any case, the number of shares issued pursuant to
the Capital Increase Homologation EGM will not be amended; (IV) the acknowledgement of the full payment of the Capital Increase through
the contribution of the 2nd<SUP>st</SUP> Installment of the CSN Establishment to Congonhas Min&eacute;rios (&#8220;<U>Drop Down 2<SUP>nd</SUP>
Installment</U>&#8221;); </FONT></TD></TR></TABLE>


<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42pt"></TD><TD STYLE="width: 0.55pt"><FONT STYLE="font-size: 11pt">(b)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the Transition Port Services Agreement shall be terminated;</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42pt"></TD><TD STYLE="width: 0.55pt"><FONT STYLE="font-size: 11pt">(c)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">CSN and Congonhas Min&eacute;rios shall enter into a port services agreement
under the terms and conditions set forth in <U>Exhibit 3.17.2(c)</U> (&#8220;<U>Port Services Agreement</U>&#8221;);</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42pt"></TD><TD STYLE="width: 0.55pt"><FONT STYLE="font-size: 11pt">(d)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the CSN employees that work in the CSN Iron Ore Division in connection with
the TECAR activities shall be transferred to Congonhas Min&eacute;rios in the Drop-Down 2<SUP>nd</SUP> Installment, in accordance with
the procedures described in <U>Exhibit 2.1(x)</U> (&#8220;<U>2nd Installment Transferred Employees</U>&#8221;); </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42pt"></TD><TD STYLE="width: 0.55pt"><FONT STYLE="font-size: 11pt">(e)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">CSN and JKTC Parties shall hold an Extraordinary General Meeting of Congonhas
Min&eacute;rios and approve (I) the ratification of the appointment and engagement of the Drop-Down Specialized Firm; (II) Namisa&#8217;s
Merger Valuation Report; (c) the Protocol of Merger; (d) the Merger (as a result of which the capital of Congonhas Min&eacute;rios shall
not be increased, as Congonhas Min&eacute;rios will hold 100% of the shares representing the corporate capital of Namisa after the Drop
Down 2nd Installment) (&#8220;<U>Congonhas Min&eacute;rios&#8217; Merger AGE</U>&#8221;);</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42pt"></TD><TD STYLE="width: 0.55pt"><FONT STYLE="font-size: 11pt">(f)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">an extraordinary shareholders' meeting of Namisa shall be held to deliberate
on the Protocol of Merger and on the Merger (&#8220;<U>Namisa&#8217;s AGE</U>&#8221;); </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42pt"></TD><TD STYLE="width: 0.55pt"><FONT STYLE="font-size: 11pt">(g)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">immediately after the Congonhas Min&eacute;rios&#8217; Merger AGE and the
Namisa&#8217;s AGE, the management of Congonhas Min&eacute;rios and of CSN (or its Affiliate), as applicable, shall cause all acts, instruments
and/or documents necessary for the consummation of the Merger to be signed or to be entered into;</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42pt"></TD><TD STYLE="width: 0.55pt"><FONT STYLE="font-size: 11pt">(h)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the Transition Shareholders&#8217; Agreement shall be terminated; </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 35.45pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42pt"></TD><TD STYLE="width: 0.55pt"><FONT STYLE="font-size: 11pt">(i)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the Parties shall enter into any other documents necessary for the implementation
of the Merger with the terms of this Agreement.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>3.17.3</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">Between the Closing Date and the Drop Down 2<SUP>nd</SUP>
Installment Date, CSN may deliver to JKTC Parties (i) additional supplements to Exhibit(s) and Schedule(s) to <U>Section 7.1</U> in relation
to the 2<SUP>nd</SUP> Installment of the CSN Establishment, to reflect changes to the representations and warranties as of the Drop-Down
2<SUP>nd</SUP> Installment Date, specifying such changes, subject to <U>Section 10.8</U> (&#8220;<U>2<SUP>nd</SUP> Installment Bring Down
Supplements</U>&#8221;) and (ii) an</FONT></P>


<!-- Field: Page; Sequence: 29 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 3pt 14.2pt; text-align: justify">updated <U>Exhibit I</U> exclusively in relation
to the Drop Down 2<SUP>nd</SUP> Installment (subject to <U>Sections 4.8</U> and <U>4.9</U>).</P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.18</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">Upon the registration of the minutes of Drop Down 2nd Installment EGM by the competent Board
of Trade, CSN and Congonhas Min&eacute;rios shall require to the competent judicial authorities, in relation to the Claims identified
in <U>Exhibit I</U> related to CSN Establishment 2<SUP>nd</SUP> Installment (i) the inclusion of Congonhas Min&eacute;rios and the exclusion
of CSN as defendant, in which case the defense of such Claims will be conducted by Congonhas Min&eacute;rios, which shall also pay directly
any Losses arising therefrom; or, if this is not possible (ii) the inclusion of Congonhas Min&eacute;rios as co-defendant or assistant
(&#8220;<I><U>assistente</U></I>&#8221;), in which case the defense of such Claims will be controlled by Congonhas Min&eacute;rios, on
behalf of CSN, and Congonhas Min&eacute;rios shall pay directly any Losses arising therefrom. In case such substitution or inclusion is
not possible for any reason, CSN shall continue to conduct such Claims and <U>Section 8.3</U> shall apply.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.19</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">No later than 30 (thirty) days from the Drop-Down 2<SUP>nd</SUP> Installment Date, CSN and Congonhas
Min&eacute;rios shall provide evidence to JKTC of the transfer of 2nd Installment of the CSN Establishment to Congonhas Min&eacute;rios,
including the 2<SUP>nd</SUP> Installment Transferred Employees<I>.</I></FONT></P>

<P STYLE="font: bold 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center; text-indent: 0cm"><FONT STYLE="font-size: 11pt">ARTICLE
IV</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp; </FONT><FONT STYLE="font-size: 11pt"><BR>
ACTIONS BETWEEN THE DATE OF EFFECTIVENESS AND THE CLOSING DATE, ACTIONS BETWEEN THE DROP-DOWN 1<SUP>ST</SUP>
INSTALLMENT AND THE DROP-DOWN 2<SUP>nd</SUP> INSTALLMENT</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>4.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">From the Date of Effectiveness until the earlier of the Closing Date or the termination of this
Agreement, (i) each of CSN and Congonhas Min&eacute;rios, on one side, and (ii) JKTC <FONT STYLE="color: black">Parties</FONT>, on the other
side (in each case, in relation to themselves and/or their respective Subsidiaries, as applicable, including Namisa), shall: (a) use their
best commercial efforts to take all actions and to do all things necessary, proper or advisable in order to consummate and make effective
the transactions contemplated by this Agreement (including satisfaction of the conditions precedent set forth in <U>ARTICLE</U> V); (b)
keep their businesses and properties in good order, including their present operations, physical facilities, working conditions (wear
and tear excepted) and (c) use their best efforts to preserve, to the extent consistent with past practices, their current relationships
with their respective customers, suppliers, and/or other persons with whom they have relevant business relationships.</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>4.1.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">By [*], CSN and the JKTC Parties shall have agreed on a development
plan for Congonhas Min&eacute;rios which shall not be binding.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>4.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">Without prejudice to the provisions of Section 4.1 and except (a) in the ordinary course of business;
(b) as otherwise expressly required pursuant to or provided for in this Agreement, (c) as previously consented to by JKTC <FONT STYLE="color: black">Parties</FONT>
in writing, or (d) as required by any applicable Law or any Governmental Authority, from the Date of Effectiveness until the Closing Date
or the Drop Dead Date, whichever occurs first, each of CSN, Congonhas Min&eacute;rios and/or Namisa, as applicable, shall not take (nor
allow any of their respective Subsidiaries to take, when applicable) any of the following actions:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(i)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">any amendment to the articles of association/by-laws of Congonhas Min&eacute;rios,
Namisa or any of their Subsidiaries that has, or will have, a relevant impact on the Business of such companies or of CSN Iron Ore Division
or that, in any manner, has, or will have effects on the transactions set forth herein;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(ii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">any corporate reorganization involving Congonhas Min&eacute;rios, Namisa,
any of their Subsidiaries or the CSN Establishment, including merger, spin-off, amalgamation, or merger of shares;</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 30 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(iii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">enter into any new joint venture, consortia, association of any nature or
similar agreement by or involving Congonhas Min&eacute;rios, Namisa, their Subsidiaries or the CSN Iron Ore Division;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(iv)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">issuance of any shares or other securities, convertible or not into shares,
by Congonhas Min&eacute;rios, Namisa and/or any of their Subsidiaries;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(v)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">create any Lien or sell, transfer, assign, lease, offer as payment, contribute
to capital, exchange or otherwise dispose of, in any manner, directly or indirectly, the assets of Congonhas Min&eacute;rios (other than
the Congonhas Min&eacute;rios Excluded Assets), its Subsidiaries, if any, and the assets comprised in the CSN Iron Ore Division or any
of CSN&#900;s shares in Congonhas Min&eacute;rios or Namisa, the MRS Shares or the MRS Bound Share (in whole or in part), provided however
that nothing contained in this section shall prevent CSN, Congonhas Min&eacute;rios, Namisa or their Subsidiaries from selling their products,
rendering services and conducting business in the ordinary course of their businesses;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(vi)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">redeem, amortize, repurchase for maintenance in treasury, convert, split
or reverse split shares or quotas issued by Congonhas Min&eacute;rios, Namisa or any of their Subsidiaries;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(vii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">any declaration of dividends, payment of interest on shareholders&#8217;
equity or any other distributions or payments to shareholders or quotaholders or any distribution with respect to the capital stock of
Congonhas Min&eacute;rios or Namisa; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(viii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the voluntary cancellation, transfer or encumbrance of any Authorizations
or rights granted to Congonhas Min&eacute;rios, Namisa and their Subsidiaries or CSN (exclusively in connection with CSN Iron Ore Division)
by the Brazilian Department of Mineral Production (<I>Departamento Nacional de Produ&ccedil;&atilde;o Mineral</I> - <I>DNPM</I> (&#8220;<U>DNPM</U>&#8221;))
or other Governmental Authorities;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(ix)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">any acquisition, transfer or subscription of shares or quotas of other companies
by Congonhas Min&eacute;rios, Namisa or any of their Subsidiaries; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(x)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the contracting, concession or assumption of loans, financing or advances
by Congonhas Min&eacute;rios in an amount higher than [*] in a single transaction or in a series of related transactions;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(xi)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the granting of any guarantees in favor of third parties by Congonhas Min&eacute;rios,
Namisa or any of their Subsidiaries (other than to one of their Subsidiaries), as well as any free release in relation to any debts or
obligations of third parties (other than to one of their Subsidiaries), in an amount higher than [*], either in a single transaction or
in a series of related transactions; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(xii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the filing of a petition for bankruptcy or receivership under court supervision
or otherwise (<I>recupera&ccedil;&atilde;o judicial ou extrajudicial</I>) by Congonhas Min&eacute;rios, Namisa and/or any of their Subsidiaries;
</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(xiii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the establishment or undertaking of activities by Congonhas Min&eacute;rios,
Namisa or any of their Subsidiaries different from those described in their respective corporate purposes; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(xiv)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the execution, renewal, and/or amendment of contracts or agreements written
or oral (other than intercompany loans), by Congonhas Min&eacute;rios, Namisa or any of their Subsidiaries or by CSN (in relation to the
CSN Iron Ore Division), in an individual</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 31 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt 2cm; text-align: justify">amount higher than [*] with any Related Party,
other than the existing off-take agreements;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(xv)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the execution of any material amendment to the TECAR Lease Agreement that
results in terms and conditions that are less favorable to CSN or Namisa, as the case may be;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(xvi)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the voluntary termination of the MRS Transportation Agreement in case such
termination results in a Material Adverse Effect;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(xvii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the entering into any amendments, renewal, new agreements or transactions
(other than debt agreements and financing transactions) by Congonhas Min&eacute;rios, Namisa or any of their Subsidiaries or by CSN (in
relation to the CSN Iron Ore Division) with third parties or advances to agreements in effect, which create new obligations to Congonhas
Min&eacute;rios, Namisa or any of their Subsidiaries, which individually or in a series of related transactions, exceeds [*], except for
agreements providing for the sale of iron ore; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm">(xviii)</TD><TD STYLE="text-align: justify">execution of any new lease for real estate or mining rights by Congonhas Min&eacute;rios, Namisa or any
of their Subsidiaries and/or CSN (in relation to the CSN Iron Ore Division).</TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>4.3</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Special Dividends</U>. As soon as possible after the Date of Effectiveness and before the
Closing Date, and as long as Namisa generates earnings from operational results, the amount equivalent in Reais to [*] shall be distributed
to Namisa&#8217;s shareholders as dividends (&#8220;<U>Special Dividends</U>&#8221; and, together with the &#8220;<U>Namisa Capital Reduction</U>&#8221;,
the &#8220;<U>Interim Distributions</U>&#8221;).</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>4.4</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Due Diligence</U>. Until November 15, 2015, JKTC <FONT STYLE="color: black">Parties</FONT> may
conduct a legal, accounting, financing, technical, and operational due diligence exercise regarding the CSN Establishment and Congonhas
Min&eacute;rios (&#8220;<U>Due Diligence Exercise</U>&#8221;). CSN, therefore, shall cooperate with JKTC <FONT STYLE="color: black">Parties</FONT>
and JKTC&#8217;s Representatives (including external legal counsel, accountants and other consultants) to make available, in a timely
and organized manner, the requested documentation (including hard copies), as well as to afford access to the data and records of operating
information relating to the CSN Establishment and Congonhas Min&eacute;rios, as well as to their premises, properties and personnel, provided
that, (i) permissions to enter the premises and/or properties or to contact personnel are subject to a prior written request from JKTC
<FONT STYLE="color: black">Parties</FONT> to CSN informing, as the case may be, the name of the JKTC Representatives that will visit premises
and/or properties or contact the personnel within at least 72 (seventy-two) hours from the intended time of visit or contact; (ii) the
visits and contacts shall be conducted during business hours; and (iii) a representative indicated by CSN shall be present during the
visit and/or contact.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>4.5</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Exclusivity</U>. During the term of this Agreement, or until the Closing Date, whatever occurs
first, CSN and JKTC <FONT STYLE="color: black">Parties</FONT>, to the extent applicable, shall not and shall cause Namisa or Congonhas Min&eacute;rios
not to (i)&nbsp;solicit, initiate, or encourage the submission of any proposal or offer from any Person relating to the acquisition of
any capital stock or voting securities, or any portion of the CSN Establishment, Namisa, Congonhas Min&eacute;rios or any of their Subsidiaries;
or (ii) participate in any discussions or negotiations aiming at furnishing any information with respect to, assisting or participating
in, or facilitating in any other manner any effort or attempt by any Person to do or seek any of the foregoing. </FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>4.6</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Antitrust Approvals</U>. The Investors agree to make, or to cause to be made, the filing for
the Antitrust Approvals as well as any other filing that may be required under any antitrust Law or by any antitrust Governmental Authority,
including any other requirements of the antitrust legislation of any relevant jurisdiction, if applicable, within ninety (90) days from
the</FONT></P>


<!-- Field: Page; Sequence: 32 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify">date hereof (unless otherwise required) and
to supply promptly any additional information and documentary material that may be requested pursuant thereto.</P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>4.6.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">The Investors shall use their best efforts to cause the necessary
approvals or ancillary antitrust requirements necessary to implement the Spin-Off, the Drop-Down 1<SUP>st</SUP> Installment, the Namisa
40% Contribution and the Closing Sale of Shares (such as waiting periods) to terminate or expire or be obtained at least sixty (60) days
prior to the Drop Dead Date.</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>4.6.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">In case any of the Antitrust Authorities approve the transaction
conditioned upon the agreement by any or all the Investors to comply with certain reasonable conditions and restrictions, the Parties
will negotiate in good faith to try to reach a reasonable solution. Notwithstanding the foregoing, nothing in this Section 4.6.2 or otherwise
in this Agreement shall require the Investors to propose, negotiate, effect or agree to, the sale, divestiture, license or other disposition
of any assets or businesses, or otherwise take any action that limits the freedom of action with respect to, or their ability to retain
any of the businesses, product lines or assets of any of the Investors or their Affiliates (including CSN Iron Ore Division, Congonhas
Min&eacute;rios and Namisa).</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>4.6.3</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">Each Party will provide, and cause their Affiliates to provide,
all information necessary for preparing the notification requested by each applicable antitrust law in connection with the transaction
contemplated hereby, and to promptly respond to additional requests, if any, made by any of the Governmental Authorities. To the extent
not prohibited by applicable Law, each of the Investors shall also furnish to each other all information required for any application,
notification or other filing to be made in connection to the Antitrust Approvals. Each Party expressly agrees not to make any contact
with nor send any communication to the antitrust Governmental Authorities without the participation or the prior written agreement of
the other Parties. The Parties agree that both JKTC Parties and CSN shall be represented at all meetings in-person and in all substantive
conversations with any Governmental Authority regarding the matters set forth in this <U>Section 4.6</U>, except if, and to the extent
that, any Governmental Authority objects to any party&#8217;s being represented at any such meeting or in any such conversation. The Parties
hereto will consult and cooperate with one another in connection with any analyses, appearances, presentations, memoranda, briefs, arguments,
opinions and proposals made or submitted by or on behalf of any party hereto in connection with the Antitrust Approvals. </FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>4.6.4</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">All costs and expenses individually incurred by a given Party
in connection with its own efforts to collaborate with the obtainment of the Antitrust Approvals, including attorney fees to the individual
counsels of each of the Parties, shall be paid by the Party incurring such expenses. Other indivisible costs related to the obtainment
of the Antitrust Approvals such as Governmental Authority&#900;s fees, expert fees, and all other like costs that the Investors as a
whole may deem to be necessary for the purpose of explaining the transaction to a relevant Governmental shall be borne in equal parts
by CSN on one side and the JKTC Parties on the other side, except if otherwise provided in this Agreement.</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>4.6.5</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">Each Party shall be solely responsible before the Governmental
Authorities for its own actions and for the quality, integrity and veracity of the information and documentary material submitted by such
party to such Governmental Authorities, in the context of the antitrust filings referred to in this Section. Any penalties, fines, injunctions,
administrative sanctions, costs and expenses (including reasonable attorneys&#8217; fees) which relate to, or arise out of, a breach or
violation of provisions of the antitrust Law or orders of antitrust Governmental Authority to the Parties shall be borne by the Party
who breached or violated the relevant legal provision or order and such Party shall indemnify and hold the other Parties (and their Affiliates)
harmless from and against any such penalties, fines, injunctions, administrative sanctions, costs and expenses.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>4.7</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">Until the TECAR Approvals are obtained, CSN shall use its best efforts to take all actions and
to do all things necessary, proper or advisable in order to obtain the TECAR Approvals as soon as possible and to make effective the transactions
contemplated by this Agreement.</FONT></P>


<!-- Field: Page; Sequence: 33 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>4.8</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B> <FONT STYLE="font-size: 11pt">From the Drop-Down 1st Installment until the Drop-Down 2<SUP>nd</SUP> Installment, CSN shall:
(a) involve Congonhas Min&eacute;rios&#8217; management in every decision at management level relating the 2<SUP>nd</SUP> Installment
of the CSN Establishment; (b) keep separate accounts and accounting procedures for TECAR; (c) keep the 2nd<SUP>st</SUP> Installment of
the CSN Establishment in good order, including its present operations, physical facilities, working conditions (wear and tear excepted),
(d) conduct the operation of TECAR in the ordinary course of business, as currently conducted pursuant to past practices, including in
relation to allocation of port transportation capacity of TECAR to iron ore volumes and; (e) use its best efforts to preserve its current
relationships with the customers, suppliers, and/or other persons related to the 2nd<SUP>st</SUP> Installment of the CSN Establishment;
(f) continue the rendering of services in connection with the Transition Port Services Agreement; (g) retain all the proceeds derived
from the exploitation of the 2<SUP>nd</SUP> Installment of the CSN Establishment (including the port capacity allocated to third parties),
which should be later contributed to Congonhas Min&eacute;rios on the Drop-Down 2<SUP>nd</SUP> Installment; and (h) keep 2<SUP>nd</SUP>
Installment of the CSN Establishment properly insured by a reputable insurance company.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>4.9</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">Without prejudice to the provisions of <U>Section 4.8</U> and except (a) as previously consented
to by JKTC Parties in writing, (b) as otherwise expressly required pursuant to or provided for in this Agreement or (c) as required by
any applicable Law or any Governmental Authority, from the Drop-Down 1st Installment until the Drop-Down 2nd Installment, CSN shall not
take (nor allow any of their respective Subsidiaries to take, when applicable) any of the following actions:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(i)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">terminate, amend or change any condition of the Transition Shareholders&#8217;
Agreement;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(ii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">terminate, amend or change any condition of the Transition Port Services
Agreement;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(iii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">terminate, amend or change any condition of the Operational Agreements or
the Amendment to the Existing Agreements;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(iv)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">any corporate reorganization involving the 2<SUP>nd</SUP> Installment of
the CSN Establishment until the Drop-Down 2<SUP>nd</SUP> Installment, including merger, spin-off, amalgamation, or merger of shares;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(v)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">enter into any new joint venture, consortia, association of any nature or
similar agreement by or involving the 2<SUP>nd</SUP> Installment of the CSN Establishment; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(vi)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">create any Lien or sell, transfer, assign, lease, offer as payment, contribute
to capital, exchange or otherwise dispose of, in any manner, directly or indirectly, any of the assets that comprise the 2nd<SUP>st</SUP>
Installment of the CSN Establishment;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(vii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">any declaration of dividends, payment of interest on shareholders&#8217;
equity or any other distributions or payments by Namisa, other than the distribution of dividends provided in <U>Section 3.2(xvii)</U>
above; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(viii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the voluntary cancellation, transfer or encumbrance of Tecar Lease Agreement;
</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(ix)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">termination of the TECAR Lease Agreement; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(x)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">allocation to the 2nd<SUP>st</SUP> Installment of the CSN Establishment
of any loans, financing or advances which proceeds are not exclusively used for the expansion or operations of TECAR, except for those
included in <U>Exhibit I &#8211; Plan B</U> (without giving effect to any updates in connection with this matter);</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 34 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(xi)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the granting of any guarantees in favor of third parties, as well as any
free release in relation to any debts or obligations of third parties (other than to one of their Subsidiaries), in connection with the
2<SUP>nd</SUP> Installment of the CSN Establishment and in an amount equal to or higher than fifty million United States dollars (USD50,000,000.00)
whether in a single transaction or a series of related transactions; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm"><FONT STYLE="font-size: 11pt">(xii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the filing of a petition for bankruptcy or receivership under court supervision
or otherwise; </FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>4.10</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">Until fifteen (15) days prior to the Drop Down 2<SUP>nd</SUP> Installment, CSN shall provide
JKTC Parties with the same information rights indicated in <U>Section 7</U> of the Shareholders&#8217; Agreement in relation to TECAR
and CSN&#8217;s separate accounts and accounting procedures for TECAR, <I>mutatis mutandis.</I></FONT></P>

<P STYLE="font: bold 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center; text-indent: 0cm"><FONT STYLE="font-size: 11pt">ARTICLE
V</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT STYLE="font-size: 11pt"><BR>
</FONT><FONT STYLE="font-size: 11pt">CONDITIONS PRECEDENT TO THE MERGER AND THE CLOSING SALE OF SHARES</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>5.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Conditions Precedent to the Spin-Off, Drop Down 1<SUP>st </SUP>Installment, the Namisa 40%
Contribution and the Closing Sale of Shares</U>. The Investors' obligation to proceed with the Spin-Off, Drop Down 1<SUP>st </SUP>Installment<U>,</U>
the Namisa 40% Contribution and the Closing Sale of Shares is subject to the satisfaction of the following conditions precedent before
the Closing Date (except for those which shall be satisfied on the Closing Date):</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(i)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">all the Preparatory Actions to the Closing shall have been implemented in
accordance with this Agreement and the Brazilian Law;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(ii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">CSN shall have delivered the documents listed in <U>Exhibit 5.1(ii)</U>
to JKTC <FONT STYLE="color: black">Parties</FONT>;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(iii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the Antitrust Approvals shall have been obtained pursuant to the terms set
forth in <U>Section 4.6</U> above, as well as (a) the other approvals listed in <U>Exhibit 5.1(iii)</U> and (b) all material Authorizations
necessary for the operation of the CSN Iron Ore Division by Congonhas Min&eacute;rios, as currently operated by CSN, and all such Authorizations
shall be in full force and effect (together the &#8220;<U>Closing Prior Approvals</U>&#8221;); the Parties hereby agree that the TECAR
Transfer Approvals and the approvals listed in <U>Exhibit 3.11</U> may be obtained after Closing as provided for in <U>Sections 3.11</U>
and <U>4.7</U>;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(iv)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">CSN and Congonhas Min&eacute;rios, as the case may be, shall have applied
for the following environmental licenses with the relevant Governmental Authorities: [*]; and JKTC Parties shall have received evidences
of receipt of all such applications by the Governmental Authority;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(v)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the nonexistence of any order issued by any Governmental Authority or any
Law, preventing, restraining, prohibiting, suspending, altering, limiting or seeking damages in connection with the consummation of the
Preparatory Actions to the Closing, the Spin-Off, the Namisa 40% Contribution or the Closing Sale of Shares;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(vi)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">each of the representations and warranties of CSN contained in or made pursuant
to this Agreement shall be true, complete and correct in all material respects on the Execution Date and on the Closing Date (without
giving effect to the Bring Down Supplements), except (a) to the extent that such representations and warranties are qualified by the terms
&#8220;material&#8221; or &#8220;materially&#8221;, in which case such representations and warranties (as so written with such qualifications)
shall be accurate in all respects on the Execution Date and on the Closing Date; and (b) for the representations and</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 35 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 55.05pt; text-align: justify">warranties set forth in <U>Sections <FONT STYLE="font-size: 11pt">7.1(a)</FONT></U><FONT STYLE="font-size: 11pt">,
<U>7.1(b)</U>, <U>7.1(c), 7.1(d)</U>, <U>7.1(h)</U>, <U>7.1(n)</U> and <U>7.1(x)</U>, which shall be true and complete in all respects
on the Execution Date and on the Closing Date;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(vii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">each of the representations and warranties of JKTC <FONT STYLE="color: black">Parties</FONT>
contained in or made pursuant to this Agreement shall be true and complete on the Date of Execution and on the Closing Date;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(viii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">all of CSN&#8217;s covenants and obligations provided herein to be performed
prior to the Closing Date (considered both collectively and individually) shall have been duly performed and complied with in all material
respects;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(ix)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">all of JKTC <FONT STYLE="color: black">Parties</FONT>&#8217; covenants and
obligations provided herein to be performed prior to the Closing Date (considered both collectively and individually) shall have been
duly performed and complied with in all material respects;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(x)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">no judicial, arbitration or administrative Claim aiming to prohibit, restrict
or postpone the Preparatory Actions to the Closing, the Spin-Off, the Namisa 40% Contribution or the Closing Sale of Shares, or to challenge
the validity or legitimacy of the Preparatory Actions to the Closing, the Spin-Off, the Namisa 40% Contribution or the Closing Sale of
Shares shall be in course;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(xi)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">[*];</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(xii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">CSN shall have presented the Initial Master Plan and the Operating Budget
based on the Initial Master Plan to the JKTC Parties until [*] and such Initial Master Plan and Operating Budget shall have been finally
approved by the Investors until [*];</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(xiii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">CSN shall have obtained the renewal of the TECAR Lease Agreement for an
additional 20-year term;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(xiv)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">CSN shall have assigned the current agreements, for the sale by Congonhas
Min&eacute;rios of iron ore to its clients, by means of which the sales currently performed by CSN or any of its Subsidiaries will be
assigned and will be performed, instead, by Congonhas Min&eacute;rios or any of its Subsidiaries upon the <FONT STYLE="color: black">Drop-Down</FONT>;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(xv)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">no Material Adverse Effect shall have occurred;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(xvi)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Congonhas Min&eacute;rios shall be operated by the Transferred Employees;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(xvii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the Indebtedness, as reflected in the Pro-Forma Pre Closing Balance Sheet
(for the sake of clarification, excluding the obligation of payment of the Closing Dividends, if applicable), shall not exceed [*];</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt">(xviii)</TD><TD STYLE="text-align: justify">immediately prior to the Closing Date, Namisa shall have [*] (&#8220;<U>Congonhas Min&eacute;rios Operating
Cash</U>&#8221;) as cash for Congonhas Min&eacute;rios expansion in accordance with the Operating Budget;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(xix)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">the JKTC Shareholding Position Resulting from Merger shall have been finally
determined; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 26.65pt"></TD><TD STYLE="width: 28.4pt"><FONT STYLE="font-size: 11pt">(xx)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Congonhas Min&eacute;rios shall have a transportation agreement with MRS.
</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>5.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Waiver</U>. The conditions set forth in <U>items (ii)</U>, <U>(iv)</U>, <U>(vi)</U>, <U>(viii)</U>,
<U>(xi), (xiv)</U>, for those agreements that do not require the prior written approval by the applicable counterparty for</FONT></P>


<!-- Field: Page; Sequence: 36 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify">their assignment), <FONT STYLE="font-size: 11pt"><U>(xvi)</U>
and <U>(xvii)</U> of <U>Section 5.1</U> above are for the benefit of JKTC Parties and, as such, may be unilaterally waived by JKTC Parties
in writing. The conditions set forth in <U>items (vii)</U> and <U>(ix)</U> of <U>Section 5.1</U> above are for the benefit of CSN and,
as such, may be unilaterally waived by CSN in writing. The conditions set forth in <U>items (i)</U>, <U>(iii)</U>, <U>(v)</U>, <U>(x)</U>,
<U>(xii)</U>, <U>(xiii)</U>, (<U>(xiv)</U>, for those agreements that require the prior written approval by the applicable counterparty
for their assignment), <U>(xv)</U>, <U>(xviii)</U>, <U>(xix)</U> and <U>(xx)</U> of <U>Section 5.1</U> above are for the benefit of both
Parties and, as such, may be waived by mutual consent in writing.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>5.3</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Failure to Implement the Spin-Off, Drop Down 1<SUP>s </SUP>Installment, the Namisa 40% Contribution
and the Closing Sale of Shares</U>. In case the consummation of the Spin-Off, Drop Down 1<SUP>st</SUP> Installment,
the Namisa 40% Contribution or the Closing Sale of Shares does not occur by [*], or any postponements of such
date that the Parties may mutually agree (&#8220;<U>Drop Dead Date</U>&#8221;), for any reason whatsoever: (i) the Closing Dividends will
not be paid; (ii) the Transitional Agreement will be terminated in accordance with its terms; (iii) this Agreement will be terminated
with no penalty or additional amount of any nature being due by any of the Investors, exclusively in relation to the Investment Agreement.</FONT></P>

<P STYLE="font: bold 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center; text-indent: 0cm"><FONT STYLE="font-size: 11pt">ARTICLE
VI</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp; </FONT><FONT STYLE="font-size: 11pt"><BR>
</FONT><FONT STYLE="font-size: 11pt">EARN OUT</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>6.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Earn Out</U>. If a Liquidity Event occurs, CSN may convert the Pre-Money Equity Value &#8211;
Subscription Bonus into Congonhas Min&eacute;rios&#8217; shares (&#8220;<U>Liquidity Event Conversion</U>&#8221;) pursuant to this <U>ARTICLE
VI</U>. For the avoidance of doubt, the Liquidity Event shall be a one time event and shall not be counted twice.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>6.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Pre-Money Valuation</U>. The ratio for conversion of the Pre-Money Equity Value &#8211; Subscription
Bonus into Congonhas Min&eacute;rios&#8217; shares shall depend on Congonhas Min&eacute;rios&#8217; pre money equity value related to
the Liquidity Event (&#8220;<U>Pre-Money Valuation</U>&#8221;). The Pre-Money Valuation shall be calculated in accordance with (i) the
price per share agreed and issued for the Qualified Private Sale or the price per share set forth in the announcement of the beginning
of the Qualified IPO (<I>An&uacute;ncio de In&iacute;cio</I>), as the case may be, and (ii) the total number of shares of Congonhas Min&eacute;rios,
excluding the shares to be issued by Congonhas Min&eacute;rios for the Liquidity Event.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>6.3</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Maximum Equity Value.</U> If the Pre-Money Valuation is equal, in Brazilian reais, [*] or
greater (&#8220;<U>Maximum Equity Value</U>&#8221;), the Pre-Money Valuation shall be deemed to be [*] for the purpose of the Liquidity
Event Conversion.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>6.4</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Capital Increase Prior to the Liquidity Event</U>. In the event Congonhas Min&eacute;rios&#8217;
capital stock has been increased before the occurrence of the Liquidity Event, the Minimum Equity Value and the Maximum Equity Value shall
be increased by the same amount of the increased amount of Congonhas Min&eacute;rios&#8217; capital stock and, as a result, the new amounts
calculated as set forth herein shall be considered as the Minimum Equity Value and the Maximum Equity Value. </FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>6.5</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Conversion Ratio.</U> The number of shares in Congonhas Min&eacute;rios that CSN shall be
entitled to receive as a result of the Liquidity Event Conversion shall vary linearly so that JKTC Parties shareholding ratio in Congonhas
Min&eacute;rios shall be JKTC Parties&#8217; top shareholding position in case the Pre-Money Valuation of the Liquidity Event is the Minimum
Equity Value (&#8220;<U>JKTC Liquidity Event Top Shareholding Position</U>&#8221;), and shall be JKTC Parties&#8217; bottom shareholding
position in case the Pre-Money Valuation of the Liquidity Event is the Maximum Equity Value (&#8220;<U>JKTC Liquidity Event Bottom Shareholding
Position</U>&#8221;). JKTC Parties&#8217; top shareholding position, bottom shareholding position and final shareholding position shall
be calculated as follows:</FONT></P>


<!-- Field: Page; Sequence: 37 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->37<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify"><B>JKTC Liquidity Event Top Shareholding Position
</B>= JKTC Top Shareholding Position Post Closing Sale of Shares</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 12pt; text-indent: 0cm"><B>JKTC Liquidity Event Bottom Shareholding Position </B>=
JKTC Bottom Shareholding Position Post Closing Sale of Shares</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify"><B>JKTC Liquidity Event Final Shareholding Position</B>
= [*]</P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>6.6</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Liquidity Event Conversion</U>. CSN shall exercise its Pre-Money Equity Value &#8211; Subscription
Bonus within seven (7) days from (i) the Liquidity Event, in case of a Primary Offer; or (ii) the seventh (7<SUP>th</SUP>) day after JKTC
Parties have received evidence of the Qualified Private Sale in accordance with <U>Section 6.7</U>.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>6.7</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Evidence of the Qualified Private Sale</U>. Within seven (7) days from execution of the documents
that formalize the Qualified Private Sale, CSN shall provide JKTC Parties with all relevant documentation necessary to demonstrate the
occurrence of the Qualified Private Sale, including copy of the relevant minutes that approved the capital increase.</FONT></P>

<P STYLE="font: bold 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center; text-indent: 0cm"><FONT STYLE="font-size: 11pt">ARTICLE
VII</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp; </FONT><FONT STYLE="font-size: 11pt"><BR>
REPRESENTATIONS AND WARRANTIES</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>7.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Representations and Warranties of Congonhas Min&eacute;rios and CSN</U>. Except as otherwise
disclosed to JKTC Parties in this Agreement, Congonhas Min&eacute;rios and CSN jointly and severally represent and warrant to JKTC Parties
that each of the following representations and warranties is, as of the date hereof, and will be on the Closing Date, true and correct
(except to the extent such representations and warranties refer to a specific date, in which case such representations and warranties
shall be true and correct as of such date):</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(a)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Organization</U>. Congonhas Min&eacute;rios, its Subsidiaries (if any)
and CSN are duly incorporated entities, validly existing under the Laws of Brazil.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(b)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Qualification of Congonhas Min&eacute;rios, its Subsidiaries (if any) and CSN</U>. Congonhas Min&eacute;rios,
its Subsidiaries (if any) and CSN have the required corporate power and authority to carry on their business as now being conducted.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(c)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Authority</U>. CSN and Congonhas Min&eacute;rios have all requisite corporate power and authority
to execute and deliver this Agreement and the Transaction Documents and to perform their obligation hereunder, including the Preparatory
Actions to the Closing, the Spin-Off, the Closing Sale of Shares, the Drop Down 2<SUP>nd</SUP> Installment and the Merger. The execution,
delivery and performance of this Agreement and of the Transaction Documents and the transactions contemplated hereby and thereby by CSN
and Congonhas Min&eacute;rios are subject to CSN and Congonhas Min&eacute;rios&#8217; board of directors approval. </FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(d)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Enforceability</U>. This Agreement has been duly and validly executed and delivered by CSN and
Congonhas Min&eacute;rios and constitutes a valid and binding agreement of CSN and of Congonhas Min&eacute;rios enforceable against CSN
and Congonhas Min&eacute;rios in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium and
other similar Laws of general application from time to time in effect that affect creditors&#8217; rights generally.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(e)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>No Violation or Breach</U>. Except as set forth in <U>Schedule 7.1(e)</U>, neither the execution
and delivery of this Agreement and of the Transaction Documents nor the consummation of the transactions and performance of the terms
and conditions of this Agreement and of the Transaction Documents by Congonhas Min&eacute;rios or CSN will (i)</FONT></P>


<!-- Field: Page; Sequence: 38 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->38<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify">conflict with, result in a violation or breach
of or default under any provision of the By-laws of Congonhas Min&eacute;rios, its Subsidiaries (if any) or CSN; (ii) conflict with, result
in a violation or breach of or default under, or give rise to a right of termination, cancellation or acceleration of any provision of
any Material Contract; or (iii) violate any Law in relation to Congonhas Min&eacute;rios, its Subsidiaries (if any) or CSN or to their
respective properties or assets, including the Brazilian Corporate Law and any regulation applicable to publicly held corporations in
Brazil.</P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(f)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Consents</U>. Except for the Closing Prior Approvals, to the Best Knowledge of CSN and Congonhas
Min&eacute;rios, no filing or registration with, declaration or notification to, or Authorization is required in connection with the execution,
delivery and performance of this Agreement and the Transaction Documents by Congonhas Min&eacute;rios, its Subsidiaries (if any) and/or
CSN or the consummation by Congonhas Min&eacute;rios, its Subsidiaries (if any), and/or CSN of the transactions contemplated hereby and
thereby. No representation or warranty is being given by CSN or Congonhas Min&eacute;rios in relation to the Antitrust Approvals. </FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(g)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Claims</U>. Except as set forth in <U>Schedule 7.1(g)</U>, there is no Claim involving Congonhas
Min&eacute;rios, its Subsidiaries (if any), CSN (in relation to CSN Iron Ore Division and its related business activities), CSN&#8217;s
Stake in Namisa or the MRS Shares in relation to which CSN or Congonhas Min&eacute;rios have received a legal notice currently in progress
before any Governmental Authority.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(h)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Capitalization of Congonhas Min&eacute;rios</U>. <U>Schedule 7.1(h)</U> sets forth the number
of outstanding shares of capital stock of Congonhas Min&eacute;rios on the Date of Execution, the names of all holders thereof and the
number and percentage of shares owned by each such holder. All of the outstanding capital stock of Congonhas Min&eacute;rios held by CSN
is owned of record and beneficially by CSN free and clear of any and all Liens (other than Claims, which are disclosed in <U>Section 7.1(g)</U>).
All of the outstanding capital stock or other ownership interests of Congonhas Min&eacute;rios held by CSN have been duly authorized and
validly issued. There are no outstanding or authorized options, warrants, purchase rights, subscription rights, advance for future capital
increase (<I>adiantamento para futuro aumento de capital</I>), conversion rights, exchange rights, or other contracts or commitments that
could require CSN or Congonhas Min&eacute;rios to sell, transfer, or otherwise dispose of any capital stock of Congonhas Min&eacute;rios
or that could require Congonhas Min&eacute;rios or CSN to cause Congonhas Min&eacute;rios to issue, sell, or otherwise cause to become
outstanding any of its own capital stock. There are no voting agreements or understandings with respect to the voting of any capital stock
of Congonhas Min&eacute;rios or any contracts or commitments that could require Congonhas Min&eacute;rios or CSN to enter into any voting
agreements or understandings with respect to the voting of any capital stock of Congonhas Min&eacute;rios.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(i)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Compliance with Law</U>. Except as set forth in <U>Schedule 7.1(i)(1)</U>, and to the Best Knowledge
of CSN and Congonhas Min&eacute;rios, there is no uncured violation of any Law by CSN (in relation to CSN Establishment) or Congonhas
Min&eacute;rios that would cause a Material Adverse Effect. Except as shown in <U>Schedule 7.1(i)(2)</U>, neither CSN nor Congonhas Min&eacute;rios
has received written notice from any Governmental Authority of any violation of Law with respect to Congonhas Min&eacute;rios or the CSN
Establishment. CSN is not making any representations or warranties in this paragraph with respect to any Environmental Law or any Law
relating to Real Estate, Mining Rights or Taxes as such matters are addressed otherwise in this Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(j)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Bankruptcy</U>. There are no bankruptcy, reorganization or arrangement proceedings pending against
or, to the Best Knowledge of CSN and Congonhas Min&eacute;rios, threatened against Congonhas Min&eacute;rios, its Subsidiaries (if any)
and/or CSN.</FONT></P>


<!-- Field: Page; Sequence: 39 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->39<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(k)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Real Estate; Mining Rights</U><FONT STYLE="font-size: 11pt">. (i) <U>Schedule 7.1(k)(1)</U> identifies all real estate owned,
leased, possessed or otherwise occupied by Congonhas Min&eacute;rios and its Subsidiaries (if any), and by CSN (in relation to CSN Iron
Ore Division) and all contractual rights for rights of way or easement related thereto (the foregoing property and rights collectively
referred to as the &#8220;<U>Real Estate</U>&#8221;); (ii) except as set forth in <U>Schedule 7.1(k)(2)</U>, Congonhas Min&eacute;rios,
its Subsidiaries (if any) and CSN (in relation to CSN Iron Ore Division), have good, valid and marketable title to, valid and subsisting
leasehold or acquisition interests in or to, or valid, binding and enforceable rights to, the Real Estate, as the case may be, free and
clear of any material Liens (other than Claims, which are disclosed in Section <U>7.1</U>(g)); (iii) except as set forth in <U>Schedule
7.1(k)(3)</U>, all facilities installed at, or otherwise serving the Real Estate, have received all Authorizations required in connection
with the ownership or operation thereof and are operated and maintained in accordance with the applicable Laws, except for non-received
Authorizations or non-compliances with Law which would not cause a Material Adverse Effect; (iv) except as set forth in <U>Schedule 7.1(k)(4)</U>,
there are no outstanding options or rights of first refusal to purchase any Real Estate owned by CSN or by Congonhas Min&eacute;rios,
portions thereof or interest therein; (v) the mining rights owned, leased, possessed, held or otherwise explored by Congonhas Min&eacute;rios
(other than the Congonhas Min&eacute;rios&#8217; Excluded Assets), its Subsidiaries (if any) and by CSN (in relation to CSN Iron Ore
Division) are listed and described in <U>Schedule 7.1(k)(5)</U> (the foregoing rights collectively referred to as the &#8220;<U>Mining
Rights</U>&#8221;). Congonhas Min&eacute;rios, its Subsidiaries (if any) and CSN (in relation to CSN Iron Ore Division) have, or lease,
valid, binding and enforceable rights as to all Mining Rights (in accordance with the terms of the applicable Mining Right) and the Mining
Rights have not been sold, transferred, alienated, leased or encumbered, as applicable, or in any manner has the right to use and enjoy
ownership or possession of the Mining Rights been restricted, transferred or surrendered since the initial award thereof, and Congonhas
Min&eacute;rios&#8217;, its Subsidiaries&#8217; (if any) and CSN&#8217;s (in relation to CSN Iron Ore Division) title to all the Mining
Rights is free and clear of any Liens (other than Claims, which are disclosed in <U>Section 7.1(g)</U>), except for the Liens set forth
in <U>Schedule 7.1(k)(6)</U>; (vi) each Mining Right (1) was duly granted by the appropriate Governmental Authority, (2) is fully and
unconditionally vested in Congonhas Min&eacute;rios, its Subsidiaries (if any) or in CSN (in relation to CSN Iron Ore Division), as applicable,
except for the conditions set forth in <U>Schedule 7.1(k)(7)</U> and those restrictions set forth by the applicable Mining Right, (3)
is in full force and effect, (4) to the Best Knowledge of CSN and Congonhas Min&eacute;rios, is not subject to any threatened Claim;
(vii) all Mining Rights are legal, valid and in effect in accordance with their respective terms and Congonhas Min&eacute;rios, its Subsidiaries
(if any) and CSN (in relation to CSN Iron Ore Division) have performed and satisfied all duties, obligations, charges and requirements
of any type or nature which, as holders of the Mining Rights, are imposed upon them by any applicable Law or under the Mining Rights
except when the lack of performance or satisfaction would not result in a Material Adverse Effect. To the Best Knowledge of Congonhas
Min&eacute;rios and CSN, neither Congonhas Min&eacute;rios, its Subsidiaries (if any) nor CSN has done or failed to do any act, or by
omission or commission created any cause or grounds, which would result in the termination, resolution, rescission or revocation of any
of the Mining Rights; (viii) all procedures of Law related to the award and maintenance of the Mining Rights have been fully and faithfully
complied with in all material respects by CSN (in relation to CSN Iron Ore Division) and Congonhas Min&eacute;rios; (ix) except for <U>Schedule
7.1(k)(8)</U>, in respect of each Mining Right and each parcel of the Real Estate owned by Congonhas Min&eacute;rios, its Subsidiaries
(if any) or by CSN (in relation to CSN Iron Ore Division), Congonhas Min&eacute;rios, its Subsidiaries (if any) and CSN (in relation
to CSN Iron Ore Division) has timely paid or been discharged of all material fees, duties, royalties and other payments, obligations
or burdens that relate thereto, and all other requirements of Brazilian Law or as set forth in the Mining Rights have been fully and
faithfully complied with in all material respects; (x) except as set forth in <U>Schedule 7.1(k)(9)</U>, (1) the Mining Rights and the
Real Estate are all the mining rights and real</FONT></P>


<!-- Field: Page; Sequence: 40 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->40<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify">estate required to operate the CSN Iron Ore
Division as currently operated (2) CSN (in relation to <FONT STYLE="font-size: 11pt">CSN Iron Ore Division) and Congonhas Min&eacute;rios,
as the case may be, have possession of an exclusive right to use and enjoy all Mining Rights in accordance with their respective terms,
which enable them to exploit the Business as currently conducted, and (3) there are no restrictions thereon that would adversely affect
the rights of Congonhas Min&eacute;rios to exploit the deposits covered by the Mining Rights.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(l)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Material Contracts</U>. <U>Schedule 7.1(l)(1)</U> lists all agreements, arrangements, contracts
and other contractual rights and obligations of the types listed below (&#8220;<U>Material Contracts</U>&#8221;) (1) to which, on the
Date of Execution, Congonhas Min&eacute;rios, its Subsidiaries (if any) and CSN (in relation to CSN Iron Ore Division), are a party or
by which Congonhas Min&eacute;rios, its Subsidiaries (if any) or CSN (in relation to CSN Iron Ore Division) are bound and (2) which are
essential for Congonhas Min&eacute;rios to conduct the CSN Iron Ore Division Business as currently conducted:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 36pt"><FONT STYLE="font-size: 11pt">(i)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">contracts requiring, based on their terms, or that are reasonably expected
to result in, the payment or receipt of any payment or exchange of amounts in excess of fifty million US Dollars (US$50,000,000.00) during
any period of twelve (12) months; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 36pt"><FONT STYLE="font-size: 11pt">(ii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">contracts requiring the consent of Third Parties to consummate the transactions
contemplated by this Agreement or that, otherwise, grant to Third Parties rights to terminate or make the contracted conditions more onerous,
except when such terminations or more onerous conditions are not material; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 36pt"><FONT STYLE="font-size: 11pt">(iii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">contracts involving the carrying out of financial transactions or any debt
instruments of any nature, in an amount higher than fifty million US Dollars (US$50,000,000.00); </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 36pt"><FONT STYLE="font-size: 11pt">(iv)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">contracts that relate to any type of derivative instrument, irrespective
of the market where these are traded or registered or the way they are performed; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 36pt"><FONT STYLE="font-size: 11pt">(v)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">any agreement of any nature with Affiliates and Related Parties of CSN;
</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 36pt"><FONT STYLE="font-size: 11pt">(vi)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">any agreement or commitment restricting the capacity of such companies to
commit themselves with any area of activity or to compete with any other entity; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 36pt"><FONT STYLE="font-size: 11pt">(vii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">any joint venture, partnership, shareholders&#8217; or quotaholders&#8217;
agreements or other contracts involving the voting of shares or quotas of capital stock or other ownership interests of Congonhas Min&eacute;rios
and/or its Subsidiaries (if any), or a sharing of profits, Losses, costs, Liabilities of Congonhas Min&eacute;rios or its Subsidiaries
(if any) with any other Person; </FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 36pt"><FONT STYLE="font-size: 11pt">(viii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">other material services, construction or operating contracts related to
the Business in an amount higher than fifty million US Dollars (USD 50,000,000.00), related to (A) the exploration, mining, processing,
sale, transportation or exportation of iron ore or iron concentrates, (B) the construction or operation of an open pit mine and processing
plant; and (C) the construction, development or operation of iron ore logistics assets; or</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.45pt"></TD><TD STYLE="width: 36pt"><FONT STYLE="font-size: 11pt">(ix)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">contracts entered into with any Governmental Authority. </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify">Except as set forth in <U>Schedule 7.1(l)(2)</U>,
neither Congonhas Min&eacute;rios, its Subsidiaries (if any) nor CSN (in relation to CSN Iron Ore Division) is in material breach of or
default under, and no event has occurred that would constitute a material default by Congonhas</P>


<!-- Field: Page; Sequence: 41 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->41<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify">Min&eacute;rios, <FONT STYLE="font-size: 11pt">its
Subsidiaries (if any) or CSN (in relation to CSN Iron Ore Division) under any provision of any Material Contract, and neither Congonhas
Min&eacute;rios, its Subsidiaries (if any) nor CSN (in relation to CSN Iron Ore Division) has received written notice from any other party
to any Material Contract that Congonhas Min&eacute;rios, its Subsidiaries (if any) or CSN (in relation to CSN Iron Ore Division) is in
material breach in relation to any aspect of such Material Contract, which breach has not been remedied, and no such other party is in
material breach of or default under any provision of any such Material Contract. </FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(m)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Labor Matters</U>. Except as set forth in <U>Schedule 7.1(m)</U>, there are no pending or, to
the Best Knowledge of CSN and Congonhas Min&eacute;rios, threatened strikes, work stoppages, slowdowns or lockouts against Congonhas Min&eacute;rios,
its Subsidiaries (if any) or CSN (in relation to CSN Iron Ore Division).</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(n)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Subsidiaries</U>. <U>Schedule 7.1(n)</U> of this Agreement lists all Subsidiaries of CSN (in relation
to CSN Iron Ore Division) and of Congonhas Min&eacute;rios and sets forth the number of outstanding shares of capital stock or other ownership
interest of each of such Subsidiaries, the names of all holders thereof and the number and percentage of shares or other ownership interest
owned by each of such holder. All of the outstanding capital stock or other ownership interest of each of such Subsidiaries held by CSN
or Congonhas Min&eacute;rios is free and clear of any and all Liens (other than Claims, which are disclosed in <U>Section 7.1(g)</U>).
All of the outstanding capital stock or other ownership interest of each of such Subsidiaries held by CSN or Congonhas Min&eacute;rios
have been duly authorized and validly issued. There are no outstanding or authorized options, warrants, purchase rights, subscription
rights, conversion rights, exchange rights, or other contracts or commitments that could require CSN or Congonhas Min&eacute;rios or any
of such Subsidiaries to sell, transfer, or otherwise dispose of any capital stock or other ownership interest of any of such Subsidiaries
or that could cause any such Subsidiary to issue, sell, or otherwise cause to become outstanding any of its own capital stock or other
ownership interest. There are no voting agreements or understandings with respect to the voting of any capital stock or other ownership
interest of any such Subsidiary. None of such Subsidiaries Controls directly or indirectly or has any direct or indirect equity participation
in any corporation, partnership, trust, or other business association that is not a Subsidiary.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(o)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Authorizations</U>. Except as set forth in <U>Schedule 7.1(o)(1)</U>, Congonhas Min&eacute;rios,
its Subsidiaries (if any) and CSN (in relation to CSN Iron Ore Division) have all material Authorization required to conduct their businesses
as currently conducted (including all material Authorizations required under Environmental Law and relating to Tax Matters, Mining Rights
and Real Estate). Except as set forth in <U>Schedule 7.1(o)(2)</U>, each such Authorization is in full force and effect and Congonhas
Min&eacute;rios, its Subsidiaries (if any) and CSN (in relation to CSN Iron Ore Division) are in compliance with all of their material
obligations with respect thereto.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(p)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Environmental Matters</U>. Except as set forth in <U>Schedule 7.1(p)</U>, to the Best Knowledge
of CSN and of Congonhas Min&eacute;rios (i) Congonhas Min&eacute;rios, its Subsidiaries (if any) and CSN (in relation to CSN Iron Ore
Division) are in compliance with all Environmental Laws in all material respects; (ii) there is no Lien (other than Claims, which are
disclosed in <U>Section 7.1(g)</U>) over Congonhas Min&eacute;rios&#8217;, its Subsidiaries&#8217; (if any) or CSN Iron Ore Division premises,
by any Governmental Authority, resulting from violation of or noncompliance with Environmental Laws, except for non material extrajudicial
notices from Third Parties; (iii) neither Congonhas Min&eacute;rios, its Subsidiaries (if any) nor CSN (in relation to CSN Iron Ore Division)
is subject to any outstanding consent decree, compliance order or administrative order (including to investigate or remediate any contaminated
land) pursuant to an Environmental Law; and (iv) Congonhas Min&eacute;rios, its Subsidiaries (if any) and CSN are in full compliance with,
in all</FONT></P>


<!-- Field: Page; Sequence: 42 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->42<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm">material respects, with the technical conditions
imposed by the environmental Authorizations issued in favor of the Business developed in CSN Iron Ore Division.</P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(q)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Tax Matters</U>. Except as set forth in <U>Schedule 7.1(q)</U>, to the Best Knowledge of CSN and
Congonhas Min&eacute;rios, (i) Congonhas Min&eacute;rios, its Subsidiaries (if any) and CSN (in relation to CSN Iron Ore Division and
its related business activities) are in compliance with the Laws relating to Taxes in all material respects; (ii) all material Tax Returns
required to be filed by or with respect to Congonhas Min&eacute;rios, its Subsidiaries (if any) or CSN (in relation to CSN Iron Ore Division
and its related business activities) have been filed with the appropriate tax authorities in all jurisdictions in which such Tax Returns
are required to be filed; (iii) such Tax Returns were true, complete and correct in all material respects, and all Taxes reported in such
Tax Returns and all other Taxes due by Congonhas Min&eacute;rios, its Subsidiaries (if any) or CSN (in relation to CSN Iron Ore Division
and its related business activities), as a taxpayer or as a party liable to collect the Taxes, as determined by the applicable Law, that
have been due and all other requirements of Law relating to Taxes have been fully and faithfully complied with
in all material respects; (iv) Congonhas Min&eacute;rios, its Subsidiaries (if any) and CSN (in relation to CSN Iron Ore Division and
its related business activities) have made all material payments and are in compliance with all their material obligations related to
Taxes; and (v) all Taxes due by Congonhas Min&eacute;rios and/or any of its Subsidiaries or CSN (in relation to
CSN Iron Ore Divisions and its related business activities) enrolled in tax installment payment programs (<I>programas de parcelamento
ou recupera&ccedil;&atilde;o fiscal</I>) with Federal and/or State tax authorities have been timely paid and
all other conditions for enjoyment of the programs have been fulfilled.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(r)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Pro Forma Balance Sheet</U>. The pro forma balance sheet of the CSN Establishment based on the
financial statements of CSN as of September 30, 2014 (including the notes thereto) is attached hereto as <U>Exhibit 7.1(r)</U> (&#8220;<U>CSN
Establishment Pro Forma Signing Balance Sheet</U>&#8221;). The CSN Establishment Pro Forma Signing Balance Sheet fairly presents, in all
material aspects, the unconsolidated financial position of CSN in relation to the CSN Establishment, as of the respective dates or for
the respective periods set forth therein and are true, correct and complete in all material respects as of the respective dates, and are
consistent, in all material aspects, with the records of CSN, all in conformity with IFRS or Brazilian GAAP, as applicable, consistently
applied during periods involved therein, except as otherwise noted therein, and subject to normal and recurring year-end adjustments that
have not been and are not expected to be material in amount.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(s)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Financial Statements</U>. The financial statements of Congonhas Min&eacute;rios, as of September
30, 2014 is attached hereto as <U>Schedule 7.1(s)</U> and fairly presents the financial position and the results of operations and cash
flows of Congonhas Min&eacute;rios as of the respective date, or for the respective periods set forth therein, and are true, correct and
complete as of the respective date, and are consistent with the records of Congonhas Min&eacute;rios, all in conformity with IFRS or Brazilian
GAAP, as applicable, consistently applied during periods involved therein, except as otherwise noted therein, and subject to normal and
recurring year-end adjustments that have not been and are not expected to be material in amount.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(t)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Insurance</U>. Except as set forth in <U>Schedule 7.1(t)</U>, (i) all premiums due and payable
for the insurance policies of Congonhas Min&eacute;rios, its Subsidiaries (if any) and CSN (in relation to CSN Iron Ore Division) have
been paid in the ordinary course of business; (ii) there are no pending Claims in excess of five million United States dollars (USD5,000,000.00)
under such policies in relation to which Congonhas Min&eacute;rios, its Subsidiaries (if any) or CSN, as the case may be, has received
legal notice; and (iii) all insurance policies of Congonhas Min&eacute;rios and related to the CSN Iron Ore Division have</FONT></P>


<!-- Field: Page; Sequence: 43 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->43<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify">adequate coverage with respect to the risks
addressed by such policies, as is customary for companies engaged in similar businesses within the same industry in Brazil.</P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(u)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Title to Assets</U>. Each of Congonhas Min&eacute;rios, its Subsidiaries (if any) and CSN (in
relation to CSN Establishment), has good and marketable title to all properties, assets and rights (other than Real Estate) owned by it
(including to the CSN Stake in Namisa and the MRS Shares) in accordance with the relevant titles, in each case free from Liens (other
than Claims, which are disclosed in <U>Section 7.1(g)</U>) and defects that could affect the value thereof or interfere with the use made
of them. Each of Congonhas Min&eacute;rios, its Subsidiaries (if any) and CSN (in relation to CSN Establishment until it is contributed
by CSN to Congonhas Min&eacute;rios) holds all leased personal property under valid and enforceable leases, with no exceptions that could
interfere with the use made thereof by them, including those properties and assets that are part of the CSN Iron Ore Division.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(v)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Intellectual Property</U>. Congonhas Min&eacute;rios, its Subsidiaries (if any) and CSN (in relation
to CSN Iron Ore Division) are owners of, or entitled to use, all right, title and interest in and to each of the trademarks, logos, trade
names, corporate names, domain names, patents, software, designs, copy rights, know-how, trade secrets and other intellectual property
rights necessary to carry out their businesses as currently conducted, free and clear of any Liens (other than Claims, which are disclosed
in <U>Section 7.1(g)</U>). </FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(w)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>CSN Iron Ore Division and CSN Establishment</U>. CSN is the owner of the CSN Establishment. Except
as set forth in <U>Schedule 7.1(w)</U>, the assets, rights and liabilities comprised in the CSN Iron Ore Division (a) are those listed
in <U>Exhibit I</U> (b) are in good operating condition and repair, except for normal wear and tear, and are adequate for the uses to
which they are being put; (c) are all the assets, rights and liabilities necessary for the development and operation of the Business of
the CSN Iron Ore Division as currently conducted by CSN; and (d) comprise all assets required for Congonhas Min&eacute;rios to operate
the CSN Iron Ore Division&#8217;s Business as an ongoing concern and on a standalone basis upon the implementation of the Drop Down.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(x)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>MRS Shares</U>. All of the MRS Shares (a) have been legally and validly issued, (b) will, on the
Closing Date, be held by Congonhas Min&eacute;rios, free and clear of any Liens (other than Claims, which are disclosed in <U>Section
7.1(g)</U>).</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(y)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Guarantees</U>. Neither CSN (in relation to the CSN Iron Ore Division), Congonhas Min&eacute;rios
nor its Subsidiaries (if any) is a guarantor or otherwise is responsible for any Liability of obligation (including indebtedness) of any
other Person, except as provided in <U>Schedule 7.1(y)</U>.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(z)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Brokerage Fees and Commissions</U>. There is no investment banker, broker or finder which has
been retained by or is authorized to act on behalf of Congonhas Min&eacute;rios, its Subsidiaries (if any) or CSN who is or might be entitled
to receive any fee and legal fees, commission or payment from JKTC Parties, Congonhas Min&eacute;rios or any of its Subsidiaries (if any)
in connection with the negotiation, preparation, execution or delivery of this Agreement, the Transitional Agreements or the consummation
of the transactions contemplated hereby and thereby.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(aa)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>CSN Handel</U>. CSN Handel is a duly incorporated entity, validly existing and operating under
the laws of Austria. On the Closing Date, the Handel Transaction does not materially violate any applicable Laws; all material consents
and Authorizations necessary for the implementation of the Handel Transaction were obtained and there is no material Claim involving CSN
Handel under or in relation to which CSN Handel has received a legal notice currently in progress before any Governmental Authorities.</FONT></P>


<!-- Field: Page; Sequence: 44 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->44<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>7.1.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B> <FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><U>Information</U>. All documents included or to be included
in the Data Room are true and correct in all material respects and will be recorded in a DVD that will be delivered to the JKTC Parties
at the Closing Date (the &#8220;<U>DVD</U>&#8221;). For the avoidance of doubt, all the representations and warranties of CSN under this
Agreement are based on <U>Section 7.1</U> and its Schedules, which shall prevail over any information contained in the DVD for purposes
of <U>Section 8.1(i)</U>.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>7.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Representations and Warranties of JKTC Parties</U>. Except as otherwise disclosed to CSN in
this Agreement, the JKTC Parties jointly and severally represent and warrant to CSN that each of the following representations and warranties
is, as of the date hereof, and will be, on the Closing Date, true and correct:</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(a)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Organization and Qualification</U>. Each of the JKTC Parties is a company duly organized and validly
existing under the Laws of the country of its incorporation and has the requisite corporate power and authority to carry on its business
as now being conducted.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(b)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Authority</U>. Each of JKTC Parties has all requisite corporate power and authority to execute
and deliver this Agreement and to perform its obligations hereunder. The execution, delivery and performance of this Agreement and the
transactions contemplated hereby have been duly and validly authorized by all requisite corporate or similar action on the part of each
JKTC Party. </FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(c)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Enforceability</U>. This Agreement has been duly and validly executed and delivered by each of
JKTC Parties and constitutes a valid and binding agreement to JKTC Parties and each of JKTC Parties, enforceable against each of JKTC
Parties in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium and other similar Laws
of general application from time to time in effect that affect creditors&#8217; rights generally.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(d)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>No Violation or Breach</U>. Neither the execution and delivery of this Agreement nor the consummation
of the transactions and performance of the terms and conditions of this Agreement by each of JKTC Parties will (i) result in any violation
or breach of or default under any provision of the certificate of incorporation or other similar governing documents of each of JKTC Parties;
(ii) will result in a violation or breach of or default under any provision of any agreement, indenture or other instrument under which
each of JKTC Parties is bound, other than such violations, breaches or defaults of agreements, indentures or other instruments that would
not have a Material Adverse Effect; or (iii) result in any violation or breach of any Law applicable to any of the JKTC Parties.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(e)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Consents</U>. Except for the Closing Prior Approvals, to the Best Knowledge of JKTC Parties, no
filing or registration with, declaration or notification to, or Authorization is required in connection with the execution, delivery and
performance of this Agreement by each of JKTC Parties or the consummation by each of JKTC Parties of the transactions contemplated hereby.
No representation or warranty is being given by the JKTC Parties in relation to the Antitrust Approvals.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(f)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Claims</U>. There is no Claim by or before any court or other Governmental Authority or any arbitration
proceeding pending or, to each of JKTC Parties&#8217; Best Knowledge, threatened against each of JKTC Parties that if adversely determined
would have a Material Adverse Effect or affect any of the JKTC Parties&#8217; ability to perform its obligations under this Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(g)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Brokerage Fees and Commissions</U>. There is no investment banker, broker or finder which has
been retained by or is authorized to act on behalf of each of JKTC Parties who is or might be entitled to any fee and legal fees, commission
or payment from CSN or from Congonhas Min&eacute;rios in connection with the negotiation, preparation, execution</FONT></P>


<!-- Field: Page; Sequence: 45 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->45<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify">or delivery of this Agreement, the Transaction
Documents or the consummation of the transactions contemplated hereby and thereby.</P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(h)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>No Liabilities</U>. Each of JKTC Parties has no liabilities of any nature (whether absolute, accrued,
contingent or otherwise) that may impact the negotiations set forth in this Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 35.45pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt">(i)</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 11pt"><U>Independent Investigation</U>. Each of JKTC Parties will conduct its own independent investigation,
verification, review and analysis of the business, operations, assets, liabilities, results of operations and financial condition of the
CSN Establishment and of Congonhas Min&eacute;rios to the extent each of them are deemed appropriate. In entering into this Agreement,
each of JKTC Parties acknowledges that it has relied solely upon the aforementioned investigation, review and analysis and not on any
factual representations or opinions of CSN or Congonhas Min&eacute;rios or any of its Representatives (except the specific representations
and warranties set forth in <U>Section 7.1</U>). Each of JKTC Parties acknowledges that (i) none of CSN&#8217;s or Congonhas Min&eacute;rios&#8217;
Representatives shall have any personal liability, responsibility or obligation based upon any information provided or made available,
or statements made (including as disclosed in the Data Room) (ii) neither CSN nor Congonhas Min&eacute;rios, Namisa or their Subsidiaries
(if any), or any other Person, has made any representation or warranty, expressly or implicitly, about Congonhas Min&eacute;rios, Namisa
or their Subsidiaries (if any) or about the CSN Establishment, the Business or other questions not included in this Agreement. Without
limiting the generality of the foregoing, neither CSN, nor Congonhas Min&eacute;rios, Namisa or their Subsidiaries (if any), or any other
Person, has made any representations or warranties to JKTC Parties with respect to any forecasts, estimates or budgets regarding CSN&#8217;s,
Congonhas Min&eacute;rios&#8217;, Namisa&#8217;s or their Subsidiaries&#8217; business.</FONT></P>

<P STYLE="font: bold 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center; text-indent: 0cm"><FONT STYLE="font-size: 11pt">ARTICLE
VIII</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt"></FONT></P>

<P STYLE="font: bold 11pt Times New Roman,serif; margin: 6pt 0pt; text-align: center">INDEMNIFICATION</P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>8.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Indemnification by CSN</U>. Subject to the other terms and limitations set forth in this Agreement,
CSN shall indemnify, defend, reimburse and hold harmless JKTC Parties, BJIOC SPC, Japanese SPC, JFE Steel Corporation, Kobe Steel, Ltd.,
Nisshin Steel Co., Ltd., Itochu Corporation, their Subsidiaries in Brazil, Congonhas Min&eacute;rios and its Subsidiaries and their respective
directors and officers (each such Person, a &#8220;<U>JKTC Indemnified Party</U>&#8221; and, collectively, the
&#8220;<U>JKTC Indemnified Parties</U>&#8221;) from and against any and all Losses actually incurred by JKTC Indemnified Party resulting
from (i) any breach, inaccuracy or omission of any representation or warranty made by CSN or Congonhas Min&eacute;rios in this Agreement,
after giving effect to the Bring Down Supplements, (ii) any breach or non-performance of any covenants or obligations of Congonhas Min&eacute;rios
(until the Closing Date) or CSN under this Agreement (iii) any Liability not identified in <U>Exhibit I</U> (as
updated as of the Drop Down Date in accordance with <U>Section 2.3(v)</U> in relation to the 1<SUP>st</SUP> Installment of the CSN Establishment
and as of the Drop Down 2<SUP>nd</SUP> Installment Date in relation to the 2<SUP>nd</SUP> Installment of the CSN Establishment) or in
the Schedules to <U>Section 7.1</U> (as supplemented by the Bring Down Supplements) and claimed against any JKTC Indemnified Party; (iv)
any Liability related to Congonhas Min&eacute;rios Excluded Assets and claimed against any JKTC Indemnified Party; (v) any Liability related
to Namisa Excluded Assets involving facts or events occurred after the Closing Date and claimed against any JKTC Indemnified Party.</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>8.1.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">For the avoidance of doubt, non-material liabilities of the
CSN Establishment not identified in the Schedules to the representations and warranties of <U>Section 7.1</U> that are qualified by materiality
shall: (i) be considered as transferred to Congonhas Min&eacute;rios and (ii) not be subject to the indemnification obligation provided
for in <U>Section 8.1</U>.</FONT></P>


<!-- Field: Page; Sequence: 46 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->46<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>8.1.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B> <FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">Notwithstanding <U>Section 8.1(iii)</U>, the
Tax Claims listed in <U>Schedule 8.1.2</U>, which are identified in the Schedules to <U>Section 7.1</U> (i) will not be transferred to
Congonhas Min&eacute;rios upon the Drop Down and (ii) should not be deemed included in <U>Exhibit I</U> or in the Schedules to <U>Section
7.1</U> for purposes of <U>Section 8.1(iii)</U>.</FONT></P>

<P STYLE="font: bold 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">8.1.2.1</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt; font-weight: normal">The Tax Claims listed in <U>Schedule 8.1.2.1</U>
will be transferred to Congonhas Min&eacute;rios upon the Drop Down 1<SUP>st</SUP> Installment and the Drop Down 2<SUP>nd</SUP> Installment,
but they should not be deemed included in <U>Exhibit I</U> or in the Schedules to <U>Section 7.1</U> for purposes of <U>Section 8.1(iii)</U>.</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>8.1.3</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">The Liabilities related to the Tax Claim 0003009-40.2010.4.02.5104
(2010.51.04.003009-2) (<I>sal&aacute;rio educa&ccedil;&atilde;o</I>) shall be deemed as transferred to Congonhas Min&eacute;rios upon
Drop Down 1<SUP>st</SUP> Installment and the Drop Down 2<SUP>nd</SUP> Installment only in relation to the portion of it that relates to
employees of the CSN Iron Ore Division at the time and, therefore (i) <U>Section 3.18</U> shall not apply and (ii) the portion of the
Liability that has not been transferred should not be deemed included in <U>Exhibit I</U> or in the Schedules to <U>Section 7.1</U> for
purposes of <U>Section 8.1(iii)</U>.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>8.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Indemnification by JKTC Parties</U>. Subject to the other terms and limitations set forth
in this Agreement, JKTC Parties shall indemnify, defend, reimburse and hold harmless CSN, its Subsidiaries and their respective members
of the board of directors, officers and direct shareholders (each such Person, a &#8220;<U>CSN Indemnified Party</U>&#8221; <U>and, collectively,
the</U> &#8220;<U>CSN Indemnified Parties</U>&#8221;) from and against any and all Losses actually incurred by any CSN Indemnified Party
resulting from (i) any breach, inaccuracy or omission of any representation or warranty of JKTC Parties under this Agreement; and (ii)
any breach or non-performance of any covenants or obligations of JKTC Parties under this Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>8.3</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Indemnification by Congonhas Min&eacute;rios</U>. Subject to the other terms and limitations
set forth in this Agreement, Congonhas Min&eacute;rios shall indemnify, defend, reimburse and hold harmless the CSN Indemnified Parties
from any Loss actually incurred resulting from: (i) Liabilities identified in <U>Exhibit I</U> (as updated as of the Drop Down Date in
accordance with <U>Section 2.3(v)</U> in relation to the 1<SUP>st</SUP> Installment of the CSN Establishment and as of the Drop Down 2<SUP>nd</SUP>
Installment Date in relation to the 2<SUP>nd</SUP> Installment of the CSN Establishment) or in the Schedules to <U>Section 7.1</U> (as
supplemented by the Bring Down Supplements) and claimed against any CSN Indemnified Party; or (ii) Liabilities of Congonhas Min&eacute;rios
arisen from acts or facts occurred after the Closing Date and claimed against any CSN Indemnified Party.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>8.4</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Provisional Decision</U>. Neither JKTC Parties, Congonhas Min&eacute;rios nor CSN shall be
required to make any payments to CSN Indemnified Parties or JKTC Indemnified Parties, as the case may be, pursuant to this <U>ARTICLE
VIII</U> with respect to indemnification obligations until (i) a final court decision not subject to appeal or arbitral decision (subject
to no recourse or appeal) is issued or granted against Congonhas Min&eacute;rios and its Subsidiaries, CSN Indemnified Parties or JKTC
Indemnified Parties, as the case may be, regarding a third party Claim (except if any provisional court or arbitral decision which effects
are not suspended, reversed or stayed requires Congonhas Min&eacute;rios and its Subsidiaries, any CSN Indemnified Party or JKTC Indemnified
Party to make any payment thereunder (&#8220;<U>Provisional Decision</U>&#8221;) or (ii) a final arbitral award is issued or granted against
Congonhas Min&eacute;rios, any of its Subsidiaries, any of the CSN Indemnified Parties or JKTC Indemnified Parties, as the case may be,
regarding a direct dispute between CSN and JKTC Parties (except for a Provisional Decision) or (iii) CSN, JKTC Parties or Congonhas Min&eacute;rios
agree in writing that such indemnification is undisputed and due by either CSN, JKTC Parties or Congonhas Min&eacute;rios, as applicable.
The applicable CSN Indemnified Party or JKTC Indemnified Party shall be fully and promptly reimbursed for all costs incurred and payments
made with respect to a Provisional Decision, if such Provisional Decision is reverted on behalf of the relevant CSN Indemnified Party
or JKTC Indemnified Party.</FONT></P>


<!-- Field: Page; Sequence: 47 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->47<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>8.5</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B> <FONT STYLE="font-size: 11pt"><U>Indemnification Amount</U>. In case a Loss is incurred by Congonhas Min&eacute;rios or any
of its Subsidiaries and the indemnification is paid to the party that is indemnifiable under this Agreement, the amount to be indemnified
to the party receiving indemnification under this agreement shall be equal to the amount of the Loss multiplied by the percentage of the
capital stock of Congonhas Min&eacute;rios held by the respective party or held indirectly in a Subsidiary, as applicable, in each case,
immediately after giving effect to the transactions contemplated herein, except if the indemnification is paid to the company itself,
in which case the amount shall be equal to 100% of such Loss; (b) in case a Loss is incurred directly by a party, then the amount to be
indemnified under this Agreement shall be equal to 100% of the amount of the Loss incurred by such party.</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>8.5.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">The amount of any Loss to be indemnified pursuant to this
ARTICLE VIII shall be net of any actual Tax benefit arising from the use of such Loss as a deductible expense, provided that there is
taxable income in the same fiscal year of the incurred Loss against which such Tax benefit can be used. The amount of the Loss to be indemnified
in cash shall also be increased to an amount which, after subtracting the applicable Taxes, leaves an amount equal to the indemnity payment
that would have been due without any Taxes that, pursuant to applicable Law, arise from or in connection with the remittance and receipt
of any indemnity payment under this Agreement by the Indemnified Party, considering the applicable rates. </FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>8.5.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><U>Loss of Profits</U>. The Parties will only be liable for
loss of profits under this <U>ARTICLE VIII</U> (i) suffered by Congonhas Min&eacute;rios or any of its Subsidiaries; and (ii) when the
loss of profits resulting from such breach has been finally determined. The responsibility for loss of profits shall be deemed to be finally
determined when the Investors have so determined by mutual agreement or, if disputed, when a final decision in respect thereof has been
rendered pursuant to <U>Section 9.2</U>.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>8.6</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Deposits or Guarantees</U>. If under any Loss to be indemnified pursuant to this Agreement,
Congonhas Min&eacute;rios and its Subsidiaries, CSN Indemnified Parties or JKTC Indemnified Parties, as the case may be, is compelled
to provide any type of guarantee or deposit in order to file an appeal or otherwise to present any defense in connection with an administrative
proceeding or a lawsuit of any nature, the Indemnifying Party (as defined below) shall provide Congonhas Min&eacute;rios, any of its Subsidiaries,
CSN Indemnified Parties or JKTC Indemnified Parties, as the case may be, with the means to provide such guarantee or deposit. </FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>8.7</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Indemnification Procedure</U>. Claims for indemnification under this Agreement shall be asserted
and resolved as follows:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm">(i)</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">If a Claim by a third party is made against a CSN Indemnified Party or a
JKTC Indemnified Party (any such Person, an &#8220;<U>Indemnified Party</U>&#8221;), and if such Indemnified Party intends to seek indemnity
with respect thereto under this <U>ARTICLE VIII</U>, such Indemnified Party shall promptly furnish written notice of such Claim (in reasonable
detail and including the factual basis for such Claim and, to the extent known, the amount thereof) to the party against whom indemnity
is sought (such party, in such capacity, the &#8220;<U>Indemnifying Party</U>&#8221;). Thereafter, the Indemnified Party shall deliver
to the Indemnifying Party, promptly after the Indemnified Party's receipt thereof, copies of all material notices and documents (including
court papers) received or transmitted by the Indemnified Party relating to such Claim. The failure or delay of the Indemnified Party to
deliver prompt written notice of a Claim shall not affect the indemnity obligations of the Indemnifying Party hereunder, except and only
to the extent that, as a result of such failure, any Indemnifying Party that was entitled to receive such notice was deprived of its right
to recover any payment under its applicable insurance coverage or was otherwise materially prejudiced as a result of such failure. The
Indemnifying Party shall have five (5) Business Days after receipt of such notice to elect to undertake, conduct and control (through
counsel of its own choosing and at its own expense, so long such counsel is approved by the</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 48 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->48<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 2cm; text-align: justify">other party, such approval not to be unreasonably
delayed or withheld), and, in any event, shall have the right to participate (at its own expense) in, the settlement or defense of such
Claim, and the Indemnified Party shall cooperate with it in connection therewith. If the Indemnifying Party elects to undertake, conduct
and control the settlement or defense of such Claim, the Indemnifying Party shall permit the Indemnified Party to participate in such
settlement or defense directly or through counsel chosen by such Indemnified Party (but the fees and expenses of such counsel shall be
borne by such Indemnified Party). So long as the Indemnifying Party (at the Indemnifying Party's cost and expense) (i) has undertaken
the defense of, and assumed full responsibility for all indemnified liabilities with respect to, such Claim, (ii) is reasonably contesting
such Claim in good faith through appropriate proceedings and (iii) has taken such action (including the posting of a bond, deposit or
other security) as may be necessary to prevent any action to foreclose a Lien against or attachment of the property and/or assets of the
Indemnified Party or of Congonhas Min&eacute;rios and its Subsidiaries, as the case may be, for payment of such Claim, the Indemnified
Party shall not pay or settle any such Claim; provided, however, that, the Indemnified Party shall have the right to pay or settle any
such Claim if it has waived in writing any right to indemnity by the Indemnifying Party for such Claim; and provided, further, that, if
within five (5) Business Days after the receipt of the Indemnified Party's notice of a Claim of indemnity under this <U>Section <FONT STYLE="font-size: 11pt">8.7</FONT></U><FONT STYLE="font-size: 11pt">,
the Indemnifying Party does not notify the Indemnified Party that it elects (at the Indemnifying Party's cost and expense) to undertake
the defense thereof and assume full responsibility for all indemnified liabilities with respect thereto, or gives such notice and thereafter
fails to contest such Claim in good faith or to prevent action to foreclose a Lien against or attachment of the Indemnified Party's property
as contemplated above, the Indemnified Party shall have the right to contest, settle or compromise such Claim (at the Indemnifying Party&#8217;s
costs and expenses) and the Indemnified Party shall not thereby waive any right to indemnity for such Claim under this Agreement. No Indemnifying
Party shall consent to any settlement, compromise or discharge (including the consent to entry of any Judgment) of any such Claim without
the Indemnified Party's prior written consent (which consent shall not be unreasonably withheld, delayed or conditioned); provided that,
if the Indemnifying Party assumes the defense of any such Claim, the Indemnified Party shall agree to any settlement, compromise or discharge
of such Claim which the Indemnifying Party may recommend and which by its terms obligates the Indemnifying Party to pay the full amount
of Losses in connection with such Claim and definitely and unconditionally releases the Indemnified Party completely from all liability
in connection with such Claim; provided, however, that the Indemnified Party may refuse to agree to any such settlement, compromise or
discharge (a) that provides for injunctive or other nonmonetary relief affecting the Indemnified Party or (b) that, in the reasonable
opinion of the Indemnified Party, would otherwise materially adversely affect the Indemnified Party. Whether or not the Indemnifying Party
shall have assumed the defense of such Claim, the Indemnified Party shall not admit any liability with respect to, or settle, compromise
or discharge (including the consent to entry of any Judgment with respect to), any such Claim without the prior written consent of the
Indemnifying Party (which consent shall not be unreasonably withheld, delayed or conditioned) unless the Indemnified Party has waived
in writing any right to indemnity from the Indemnifying Party with respect to such Claim or otherwise provided herein, in which cases
no such consent shall be required.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm">(ii)</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">Any Claim on account of Losses for which indemnification is provided under
this Agreement which does not involve a Claim of a third party shall be asserted by prompt written notice (setting forth in reasonable
detail the facts or circumstances that allegedly gave rise to such Claim and, to the extent known, the amount thereof) given by the Indemnified
Party to the Indemnifying Party from whom such</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 49 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->49<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 2cm; text-align: justify">indemnification is sought. The failure or delay
of the Indemnified Party to deliver prompt written notice of a Claim shall not affect the indemnity obligations of the Indemnifying Party
hereunder, except and only to the extent that, as a result of such failure, any Indemnifying Party that was entitled to receive such notice
was deprived of its right to recover any payment under its applicable insurance coverage or was otherwise materially prejudiced as a result
of such failure.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt Times New Roman,serif; margin-top: 6pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 1cm"></TD><TD STYLE="width: 1cm">(iii)</TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 11pt">In the event of payment in full by an Indemnifying Party to any Indemnified
Party in connection with any Claim (an &#8220;<U>Indemnified Claim</U>&#8221;), such Indemnifying Party shall be subrogated to and shall
stand in the place of such Indemnified Party as to any events or circumstances in respect of which such Indemnified Party may have any
right or Claim relating to such Indemnified Claim against any claimant or plaintiff asserting such Indemnified Claim or against any other
Person. Such Indemnified Party shall cooperate with such Indemnifying Party in a reasonable manner and (at such Indemnifying Party's cost
and expense) in prosecuting any subrogated right or Claim.</FONT></TD></TR></TABLE>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>8.8</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Survival and Time Limitation</U>. Except as otherwise set forth herein, the terms and provisions
of this Agreement, including the representations and warranties, shall survive the consummation of the Closing contemplated in this Agreement.
Any Claim by any JKTC Indemnified Party that CSN is liable to such JKTC Indemnified Party under the terms of this Agreement shall be brought
against CSN until the 6<SUP>th</SUP> anniversary of the Closing Date, provided that such time limitation shall not apply to <U>Section
8.1(iii)</U> and to <U>Section 8.3</U>. Notwithstanding the foregoing, an indemnification Claim brought pursuant to this <U>ARTICLE VIII</U>
before the expiry of such deadlines will not be precluded hereby if the Claim is initiated in writing prior to the expiration of the applicable
survival period described in the preceding sentence. </FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>8.9</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Further Indemnity Limitations</U>. The amount of any Loss to be indemnified pursuant to this
Agreement shall be reduced (i) to the extent any Indemnified Party actually receives any insurance proceeds with respect to such Loss,
and (ii) to take into account any payment actually received by an Indemnified Party with respect to such Loss.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>8.10</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">The Investors hereby agree that the conduction of the Due Diligence shall not, in any way, exempt
or affect CSN&#8217;s indemnification obligation under <U>Section 8.1(i)</U>.</FONT></P>

<P STYLE="font: bold 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center; text-indent: 0cm"><FONT STYLE="font-size: 11pt">ARTICLE
IX</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp; </FONT><FONT STYLE="font-size: 11pt"><BR>
APPLICABLE LAW AND DISPUTE RESOLUTION</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>9.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Applicable Law</U>. This Agreement and the rights and obligations of the Parties hereunder
and the transactions contemplated herein shall be governed by, enforced and interpreted in accordance with the laws of the Federative
Republic of Brazil. This Agreement shall be executed by all Parties in S&atilde;o Paulo, Brazil.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>9.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Arbitration</U>. Any dispute, controversy or claim arising out of or relating to this Agreement
(&#8220;<U>Dispute</U>&#8221;) shall be solved by arbitration, in accordance with the following provisions:</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>9.2.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">The Dispute shall be finally settled under the Rules of Arbitration
of the International Chamber of Commerce (the &#8220;<U>ICC Rules</U>&#8221;) in force at the time of the request for arbitration.</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>9.2.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">The arbitration shall be conducted by 3 (three) arbitrators
(&#8220;<U>Arbitral Tribunal</U>&#8221;), one nominated by the claimant, another one nominated by the respondent, and the two (2) party-appointed
arbitrators shall designate a third arbitrator, who shall act as president of the Arbitral Tribunal, within 15 (fifteen) days after the
confirmation of the later-appointed of these two arbitrators. In case there are multiple parties, whether as claimant or as respondent,
the multiple claimants, jointly, and/or the multiple respondents, jointly, as the case may be, shall appoint one</FONT></P>


<!-- Field: Page; Sequence: 50 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->50<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0 3pt; text-align: justify">arbitrator. If any of the three arbitrators is not nominated
within the time prescribed in the ICC Rules or above, such arbitrator shall be appointed by the Court of Arbitration of the International
Chamber of Commerce (the &quot;<U>ICC Court</U>&quot;).</P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>9.2.3</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">The arbitration shall be held in the City of S&atilde;o Paulo,
State of S&atilde;o Paulo, Brazil, where the arbitral award shall be deemed rendered. The arbitration procedure shall be held in English
and in accordance with Brazilian Law, but evidence may be produced by the parties in Portuguese without the need for translation. The
Arbitral Tribunal shall not act as amiable <I>compositeurs</I> or decide the merits of the Dispute <I>ex aequo et bono</I>. </FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>9.2.4</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">The Parties elect the courts of the City of S&atilde;o Paulo,
State of S&atilde;o Paulo, exclusively for granting interim or conservatory measures before the constitution of the Arbitral Tribunal.
Even in instances where a provisional judicial relief has been sought or obtained, the merits of the Dispute shall always be decided by
the Arbitral Tribunal. For the avoidance of doubt, among the remedies that may be ordered or awarded by the Arbitral Tribunal is the remedy
of specific performance of contractual obligations.</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>9.2.5</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">Except for attorney&#8217;s fees, which shall be borne individually
by each of the parties to the arbitration, all expenses, costs and legal fees shall be borne by one or all parties as determined by the
Arbitral Tribunal. </FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>9.2.6</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">The Parties shall keep the confidentiality of each and every
information concerning the arbitration.</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>9.2.7</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">If one or more Disputes arise under this Agreement or any
other Transaction Document, then any or all such Disputes may be brought into a single arbitration. The ICC Court may, at the request
of any of the parties, consolidate the arbitral proceeding with any other pending arbitral proceeding involving this Agreement and/or
any other Transaction Document. If one or more arbitrations are already pending with respect to a Dispute under any such agreement, then
any party to a new dispute or any subsequently filed arbitration brought under any such agreement may request that such new dispute or
any subsequently filed arbitration be consolidated into any prior pending arbitration. </FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>9.2.8</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">The new dispute or subsequently filed arbitration shall be
so consolidated, provided that the ICC Court determines that: (i) the new dispute or subsequently filed arbitration presents significant
issues of law or fact common with those in the prior pending arbitration; (ii) no party to the new dispute or prior pending arbitration
would be prejudiced; and (iii) the consolidation under these circumstances would not result in undue delay for the prior pending arbitration.
</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>9.2.9</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">The consolidation order shall be final and binding upon all
the parties involved in the consolidated proceedings. The arbitrations shall be consolidated into the arbitration that commenced first.
The Parties agree that upon such an order of consolidation, they will promptly dismiss any arbitration proceeding, the subject of which
has been consolidated into another arbitral proceeding.</FONT></P>

<P STYLE="font: bold 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center; text-indent: 0cm"><FONT STYLE="font-size: 11pt">ARTICLE
X</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT STYLE="font-size: 11pt"><BR>
GENERAL</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>10.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Non-Assignability</U>. Except as otherwise expressly provided in this Agreement, no Investor
shall assign or transfer or otherwise dispose to any third party all or any part of this Agreement or any of the rights or obligations
to accrue hereunder, without the prior written consent of the other Investor.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>10.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Disclaimer of Agency</U>. This Agreement shall not constitute either Investor as the legal
representative or agent of the other Investor, nor shall any Investor have the right or authority</FONT></P>


<!-- Field: Page; Sequence: 51 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->51<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify">to assume, create or incur any liability or
obligation of any kind, express or implied, in the name of or on behalf of the other Investor.</P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>10.3</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Notice</U>. Any notice by any of the parties of this Agreement shall be prepared and delivered
in English and addressed as follows:</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 12pt Arial,sans-serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt; font-style: normal; font-weight: normal">I.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt; font-style: normal; font-weight: normal"><U>Companhia
Sider&uacute;rgica Nacional</U>:</FONT></TD></TR></TABLE>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">Avenida Brigadeiro
Faria Lima, 3.400, 20<SUP>th</SUP> Floor</FONT></P>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">04538-132, S&atilde;o
Paulo, SP, Brazil</FONT></P>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">Telephone: (55
11) 3049-7100</FONT></P>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">[*]</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0">&nbsp;</P>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">With copy to:</FONT></P>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">[*]</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 12pt Arial,sans-serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt; font-style: normal; font-weight: normal">II.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt; font-style: normal; font-weight: normal"><U>BJIOC</U>:</FONT></TD></TR></TABLE>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">13th Floor,
Itochu Bldg., 5-1, Kita-Aoyama, </FONT></P>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">2chome, Minato-ku,
Tokyo, 107-0061, Japan </FONT></P>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">[*]</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 12pt Arial,sans-serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt; font-style: normal; font-weight: normal">III.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt; font-style: normal; font-weight: normal"><U>POSCO</U>:</FONT></TD></TR></TABLE>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">POSCO Center,
440 Teheran-ro, Gangnam-gu, Seoul, </FONT></P>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">135-777, Korea
</FONT></P>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">[*]</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; color: #1F497D">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: italic 12pt Arial,sans-serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 54pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt; font-style: normal; font-weight: normal">IV.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt; font-style: normal; font-weight: normal"><U>China
Steel Corporation</U>:</FONT></TD></TR></TABLE>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">88 Chenggong,
2nd Roard, Qianzhen, Kaohsiung 80661 </FONT></P>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">Taiwan, Republic
of China </FONT></P>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">[*]</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0">&nbsp;</P>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">V.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Congonhas
Min&eacute;rios S.A.:</U></FONT></P>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">Logradouro Casa
de Pedra, without number, part</FONT></P>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">CEP 36.415-000,
Congonhas/MG, Brazil</FONT></P>

<P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">[*]</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 58%; padding-top: 6pt; font: italic bold 12pt Arial,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt; font-style: normal; font-weight: normal"><U>VI. &#9;Nacional Min&eacute;rios S.A.:</U></FONT></TD>
    <TD STYLE="width: 42%; padding-top: 6pt; font: italic bold 12pt Arial,sans-serif"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt; font-style: normal; font-weight: normal">With copy to:</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: italic bold 12pt Arial,sans-serif; padding-top: 6pt">&nbsp;</TD>
    <TD STYLE="font: italic bold 12pt Arial,sans-serif; padding-top: 6pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt; font-style: normal; font-weight: normal">Legal Department </FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">Logradouro Casa
    de Pedra, s/n, parte</FONT></P>
    <P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">36.415-000,
    Congonhas, MG, Brasil</FONT></P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: italic 11pt Times New Roman,serif; margin: 6pt 0 0"><FONT STYLE="font-style: normal; font-weight: normal">Rua Iguatemi,
    192, 25&ordm; andar</FONT></P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0">01451-010, S&atilde;o Paulo, SP, Brasil</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font: italic bold 12pt Arial,sans-serif; padding-top: 6pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt; font-style: normal; font-weight: normal">[*]</FONT></TD>
    <TD STYLE="font: italic bold 12pt Arial,sans-serif; padding-top: 6pt"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt; font-style: normal; font-weight: normal">[*]</FONT></TD></TR>
</TABLE>

<!-- Field: Page; Sequence: 52 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->52<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>10.3.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">Notices shall be deemed to have been delivered when sent
with a return receipt or &#8220;<I>aviso de recebimento</I>&#8221; issued by the <I>Empresa Brasileira de Correios e Tel&eacute;grafos</I>
(Brazilian Official Post Office) to the above mentioned addresses or, in case of e-mail communication, when a confirmation of such transmission
or confirmation receipt is obtained. The original version of documents sent via e-mail shall be sent to the above mentioned addresses
no later than 2 (two) Business Days after such transmission.</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>10.3.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">Any Investor may change its address or telex or facsimile
number for the purpose of this <U>Section 10.3</U> by notice given to the other parties in the manner set forth above.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>10.4</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Non-Waiver</U>. Any failure by any Party to enforce any provision of this Agreement shall
not be considered as constituting a waiver of that Party&#8217;s right to enforce thereafter the same provision or other provisions hereof
whether or not of similar character.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>10.5</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Confidentiality</U>. Each of the Investors, Namisa and Congonhas Min&eacute;rios shall maintain
the confidentiality on the Confidential Information, except for any information which (i) at the time of disclosure, is public information,
(ii) after disclosure, is published or otherwise becomes part of the public domain without any violation of this Agreement or the Transaction
Documents by the Investors, (iii) is received by the disclosing Investor from a third party, provided that such third party, or any other
party from whom such third party received such information, is not in breach of any confidentiality obligation in respect of such information.
In the event that any Investor becomes legally obligated (whether by Law, court order or otherwise) to disclose any of the Confidential
Information, such Investor shall (except for any announcements pursuant to <I>Instru&ccedil;&atilde;o CVM No. 358/02</I>, as amended,
in which case the relevant Investor may disclose such information as it deems to be required under such regulation) (a) immediately notify
the other Investor of the existence, terms and circumstances in connection therewith, (b) cooperate with the other Investor, in the event
that any Investor seeks a protective order or other appropriate remedy, (c) furnish only that portion of the Confidential Information
which is legally required and (d) exercise its reasonable efforts to attempt that confidential treatment be accorded to the Confidential
Information. The Investors hereby acknowledge that each of them may disclose any Confidential Information, to the extent necessary and
permitted by Law, to any of their respective direct or indirect shareholder, employee, executive officer (<I>director executivo</I>),
attorney, consultant, financial advisor, accountant or other Representative thereof, in compliance with the provisions of this <U>Section10.5</U>.</FONT></P>

<P STYLE="font: 12pt Arial,sans-serif; margin: 12pt 0 3pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt"><B>10.5.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-family: Times New Roman,serif; font-size: 11pt">The obligation of confidentiality under this <U>Section 10.5</U>
above shall survive the termination of this Agreement and shall be valid until August 10, 2022.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>10.6</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Severability</U>.&#9; Should any provision of this Agreement or any other agreements entered
into between the Parties hereto in connection with this Agreement be or become invalid or unenforceable under any applicable Law or violate
any applicable Law, the remainder of this Agreement or any of such other agreements shall be valid and binding as if such provision were
not included therein.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>10.7</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Titles and Subtitles</U>. The titles and subtitles used in this Agreement are used for convenience
only and are not to be considered in construing or interpreting this Agreement.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>10.8</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Schedules and Exhibits</U>. All Schedules and Exhibits hereto that are referred to herein
are hereby made a part hereof and incorporated herein by such reference. The specification of any Real or US Dollar amount in the representations
and warranties contained in this Agreement</FONT></P>


<!-- Field: Page; Sequence: 53 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->53<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify">or the inclusion of any specific item in the
Schedules to <U>Section <FONT STYLE="font-size: 11pt">7.1</FONT></U><FONT STYLE="font-size: 11pt"> is not intended to imply that such
amounts (or higher or lower amounts) are or are not material, and no Investor shall use the fact of the setting of such amounts or the
fact of the inclusion of any such item in the Schedules in any Claim, dispute or controversy as to whether any obligation, item or matter
not described herein or included in a Schedule is or is not material for purposes of this Agreement. No events, changes, circumstances,
developments, effects or states of facts occurred prior to the date hereof shall be added as updates in the Schedules after the date hereof.
The representations and warranties of CSN in <U>Section 7.1</U> that are qualified by materiality shall only have the relevant Schedule
supplemented by material events, changes, circumstances, developments, effects or states of facts occurred after the date hereof.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>10.9</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Conversion of Amounts</U>. The conversion of amounts in Brazilian Reais into United States
dollars (PTAX for &#8220;<I>venda</I>&#8221;), and in United States dollars into Brazilian Reais (PTAX for &#8220;<I>compra</I>&#8221;),
for the purpose of complying with the obligations set forth under this Agreement, shall use PTAX applicable at the close of the business
of the day that is 2 (two) Business Days prior to the relevant calculation or payment date (as the case may be). If no PTAX value is available
on such date, PTAX value shall be replaced by the exchange rate freely practiced in the Brazilian financial market.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>10.10</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Effectiveness</U>. This Agreement shall only become effective upon CSN&#900;s, Namisa&#900;s,
Congonhas Min&eacute;rios&#900; and POSCO&#8217;s board of directors approvals (&#8220;<U>Board Approvals</U>&#8221;), which meetings
shall take place on or before December 12, 2014, being the date the last of those approvals is obtained hereinafter referred to as &#8220;<U>Date
of Effectiveness</U>&#8221;. In case any of the Board Approvals are not obtained by December 12, 2014, this Agreement shall be automatically
terminated, without producing any effect.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>10.11</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Amendments</U>. This Agreement may be amended only with the written consent of the Parties.
</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>10.12</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt"><U>Counterparts</U>. This Agreement may be executed in two or more counterparts, each of which
shall be deemed an original, but all of which together shall constitute one and the same instrument. </FONT></P>

<P STYLE="font: bold 12pt Times New Roman,serif; margin: 0; text-align: center; text-indent: 0cm"><FONT STYLE="font-size: 11pt">ARTICLE
XI</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp; </FONT><FONT STYLE="font-size: 11pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 18pt; text-align: center"><B>LAND ACQUISITION</B></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>11.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">The Land Acquisition shall be implemented in accordance with this Article XI. For purposes of
this Agreement, &#8220;<U>Land Acquisition</U>&#8221; means the acquisition and/or the obtention by Congonhas Min&eacute;rios of (i) the
full title (<I>propriedade</I>) of the areas necessary for the implementation of the B53 Tailing Dam and the P28 Loading Terminal, as
per the business plan of Congonhas Min&eacute;rios, P7 Water Supply, P9 Water Supply and the legal reserve necessary for operation
(the &#8220;<U>Relevant Areas</U>&#8221; as described in <U>Exhibit 11.1</U>), free and clear
of any Liens that adversely affect the expansion of Congonhas Min&eacute;rios operations,
and/or (ii) the possession right (<I>direito de posse</I>) on a permanent basis, binding and opposable before third
parties, over the Relevant Areas by means of (a) the creation, implementation and/or completion of a mining easement
(<I>servid&atilde;o miner&aacute;ria</I>) in the Relevant Areas to the benefit of the mineral right related to the DNPM Process No. 043.306/1956
or any other mineral right held by Congonhas Min&eacute;rios related to the Relevant Areas, and/or (b) any other
mechanisms such as expropriation of the Relevant Areas.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt"><B>11.1.1.</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">The non-binding guidelines and milestones for the implementation of the Land Acquisition are
attached hereto as <U>Exhibit 11.1.1(A)</U>. For avoidance of doubt, the strategy, actions, dates, events and sequence of events contained
in <U>Exhibit 11.1.1(B)</U>. are tentative, for illustrative purposes only, and subject to events that are not controlled by CSN or Congonhas
Min&eacute;rios.</FONT></P>


<!-- Field: Page; Sequence: 54 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->54<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">Therefore they may be altered at any time as CSN
or Congonhas Min&eacute;rios, as the case may be, deem necessary for the timely completion of the Land Acquisition.</P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt"><B>11.1.2.</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">The creation, implementation and/or completion of the mining easement referred in <U>Section
11.1(ii)(a)</U> above shall include all the procedures, including lawsuits, necessary to allow Congonhas Min&eacute;rios to exercise the
possession of the Relevant Areas, on a permanent basis, binding and opposable before third parties.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt"><B>11.1.3.</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">CSN shall bear all the costs and expenses required for the Land Acquisition, including attorney&#8217;s
fees, court costs, royalties, rentals, release of Liens, transfer costs, registration fees, taxes (except for ITBI in relation to areas
which could be transferred to Congonhas Min&eacute;rios as a result of the merger (<I>incorpora&ccedil;&atilde;o</I>) of an Affiliate
by Congonhas Min&eacute;rios) and indemnification amounts payable to land owners or third parties with possession rights over the Relevant
Areas.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>11.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">As of the Closing, the total budget to implement the Land Acquisition will be of R$150,000,000.00
(one hundred and fifty million Reais), which shall be increased to R$200,000,000.00 (two hundred million Reais) if the Land Acquisition
has not been entirely concluded by October 30, 2016.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt"><B>11.2.1.</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">Regardless of the amounts of the budget under <U>Section 11.2</U>, which shall not be understood
as limiting the payment obligations of CSN hereunder, CSN shall always be responsible to complete and bear all the costs and expenses
required for the Land Acquisition, in accordance with <U>Section 11.1.3</U> above.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>11.3</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">Between the Closing Date and October 31, 2016, CSN will lead and be responsible for the Land
Acquisition process. During this period, the executive officer and the Board Member of Congonhas Min&eacute;rios appointed by JKTC shall
have the right to be reasonably informed about the Land Acquisition process, including (i)
purchase of the Relevant Areas (including status of negotiations with landowners and status of lawsuits, if applicable), (ii) legal process
(PAE/mining easement) and (iii) project updates.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt"><B>11.3.1.</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">Notwithstanding the above, Congonhas Min&eacute;rios shall reasonably support CSN in the Land
Acquisition process.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>11.4</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">From November 1, 2016 until completion, Congonhas Min&eacute;rios shall directly lead and be
responsible for the procedures for Land Acquisition process, without prejudice to the right to be reimbursed for
related costs and expenses. During this period, the management decisions related to the Land Acquisition at the level of Congonhas Min&eacute;rios
shall be made in accordance with the authority matrix provided in <U>Exhibit 11.4</U> hereto. CSN shall cause Congonhas Min&eacute;rios
to amend its bylaws, if necessary, and/or create internal rules of delegation of powers, as the case may be, to assure compliance with
this <U>Section 11.4</U>. </FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt"><B>11.4.1.</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">Notwithstanding the above, CSN shall reasonably support Congonhas Min&eacute;rios in the Land
Acquisition process, including by taking all the necessary measures or procedures required for purposes of the transfer of the Relevant
Areas which have been acquired directly or indirectly by CSN (including through <I>sociedades
por conta de participa&ccedil;&atilde;o</I>).</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt"><B>11.4.2.</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">Whenever the Land Acquisition process requires actions from third parties (such as brokers or
acquisition vehicles) that are under control of CSN, CSN shall, if reasonably required by Congonhas Min&eacute;rios, instruct such third
parties to take such actions.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt"><B>11.4.3.</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">From November 1, 2016, until the completion of the Land Acquisition, the statutory
officer and the Board member of Congonhas Min&eacute;rios appointed by JKTC shall have the right to (i) participate
in all relevant discussions at Congonhas Min&eacute;rios related to Land Acquisition, its</FONT></P>


<!-- Field: Page; Sequence: 55 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->55<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify">strategy and process; and (ii) reasonably request
reports on the status/progress of the Land Acquisition to Congonhas Min&eacute;rios management.</P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt"><B>11.4.4.</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">The costs and expenses with the Land Acquisition incurred directly by Congonhas Min&eacute;rios
shall be accrued and presented to CSN on a quarterly basis and contributed or reimbursed
by CSN to Congonhas Min&eacute;rios, as the case may be, within 45 days from receipt of
a notice in this regard, together with the relevant receipts and support documentation in accordance with <U>Section
11.4.4.1</U> below. After such 45-day period, the amount to be contributed or reimbursed by CSN is subject to the
payment of late interest of 1% per month plus 1% delinquent penalty.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt"><B>11.4.4.1.</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">For purposes of the Land Acquisition and the contribution referred in <U>Section 11.4.4</U>,
CSN shall subscribe a capital increase to be paid in with (i) the lands or rights acquired by CSN in connection with the Land Acquisition
process and/or, as the case may be, (ii) the amount corresponding to the expenses incurred by Congonhas Min&eacute;rios in relation to
the Land Acquisition process (&#8220;<U>Land Capital Increase</U>&#8221;). Every time a Land Capital Increase takes place, JKTC Parties
shall have the right, at its sole discretion, to participate in the Land Capital Increase, pursuant to article 171 of the Brazilian Corporations
Law. In case JKTC Parties decides not to participate in the Land Capital Increase, fully waiving its preemptive right, it may exercise
the Land Acquisition Subscription Bonus subscribing for as many common shares of Congonhas Min&eacute;rios as necessary to ensure that
JKTC keeps the same equity and voting interests in Congonhas Min&eacute;rios as it held immediately before such Land Capital Increase,
for an exercise price of R$ 1,000.00 (one thousand Reais). Alternatively, the Parties may agree on other available mechanisms to achieve
the same effect. An illustrative example of the calculation of the number of shares to be subscribed by JKTC is attached hereto as <U>Schedule
11.4.4.1</U>.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.2pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>11.5</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">In case the Land Acquisition is not completed, for any reason whatsoever, including force
majeure, until March 30, 2020, then CSN shall pay to BJIOC SPC, on April 1st, 2020, in immediate available funds, through wire bank transfer,
a compensatory penalty (multa compensat&oacute;ria) in the amount of USD 20,000,000.00 (twenty million US Dollars) plus interest of LIBOR
plus 3.5% (three point five percent) accrued between December 1st, 2015 and the date the penalty is paid, provided
that, in any case, such penalty shall not exceed USD 25,000,000.00 (twenty five million US Dollars). For purposes of this <U>Section 11.5</U>,
&#8220;LIBOR&#8221; shall mean 3-Month USDr London Interbank Offered Rate.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt"><B>11.5.1.</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">The Parties agree that the payment of the compensatory penalty provided for in <U>Section 11.5</U>
above by CSN to BJIOC SPC is the sole remedy of JKTC Parties and BJIOC SPC in relation to CSN&#900;s failure to complete the Land Acquisition,
and any impact to Congonhas Min&eacute;rios deriving therefrom, directly or indirectly.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt"><B>11.5.2.</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">The Parties agree that the payment of such penalty by CSN to BJIOC SPC shall not dismiss, affect
or in any manner change CSN&#8217;s obligations towards Congonhas Min&eacute;rios under <U>Sections 11.1</U> (and sub items) to <U>11.4</U>
(and sub items), which shall survive until the Land Acquisition is completed.</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 36pt">IN WITNESS WHEREOF, the Parties
hereto have caused their duly authorized representatives to affix their respective signatures on this instrument the day and year first
above written.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt 261.35pt; text-align: center; text-indent: -261.35pt">[<I>signature pages
follow</I>]</P>


<!-- Field: Page; Sequence: 56 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->56<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman,serif; margin: 0"><I>Signature page of the Investment Agreement entered into by Companhia Sider&uacute;rgica
Nacional, Brazil Japan Iron Ore Corporation, POSCO, China Steel Corporation, Congonhas Min&eacute;rios S.A. and Nacional Min&eacute;rios
S.A.</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify; text-indent: 35.4pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify; text-indent: 35.4pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>Companhia Sider&uacute;rgica Nacional</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">_________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">By:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Title:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="width: 49%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">_________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">By:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Title:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 5cm; text-align: justify"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 57 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->57<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><I>Signature page of the Investment Agreement entered into
by Companhia Sider&uacute;rgica Nacional, Brazil Japan Iron Ore Corporation, POSCO, China Steel Corporation, Congonhas Min&eacute;rios
S.A. and Nacional Min&eacute;rios S.A.</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>Brazil Japan Iron Ore Corporation</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">_________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">By:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Title:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="width: 49%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman,serif; text-align: justify"></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify; text-indent: 35.4pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 5cm; text-align: justify"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt">&nbsp;</P>


<!-- Field: Page; Sequence: 58 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->58<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><I>Signature page of the Investment Agreement entered into
by Companhia Sider&uacute;rgica Nacional, Brazil Japan Iron Ore Corporation, POSCO, China Steel Corporation, Congonhas Min&eacute;rios
S.A. and Nacional Min&eacute;rios S.A.</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>POSCO</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">_________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">By:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Title:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="width: 49%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman,serif; text-align: justify"></TD></TR>
</TABLE>
<P STYLE="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt">&nbsp;</P>


<!-- Field: Page; Sequence: 59 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->59<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><I>Signature page of the Investment Agreement entered into
by Companhia Sider&uacute;rgica Nacional, Brazil Japan Iron Ore Corporation, POSCO, China Steel Corporation, Congonhas Min&eacute;rios
S.A. and Nacional Min&eacute;rios S.A.</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>China Steel Corporation </B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">_________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">By:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Title:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="width: 49%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman,serif; text-align: justify"></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 5cm; text-align: justify"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 60 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->60<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><I>Signature page of the Investment Agreement entered into
by Companhia Sider&uacute;rgica Nacional, Brazil Japan Iron Ore Corporation, POSCO, China Steel Corporation, Congonhas Min&eacute;rios
S.A. and Nacional Min&eacute;rios S.A.</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>Congonhas Min&eacute;rios S.A.</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">_________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">By:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Title:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="width: 49%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">_________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">By:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Title:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt">&nbsp;</P>


<!-- Field: Page; Sequence: 61 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->61<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><I>Signature page of the Investment Agreement entered into
by Companhia Sider&uacute;rgica Nacional, Brazil Japan Iron Ore Corporation, POSCO, China Steel Corporation, Congonhas Min&eacute;rios
S.A. and Nacional Min&eacute;rios S.A.</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>Nacional Min&eacute;rios S.A.</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">_________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">By:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Title:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="width: 49%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">_________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">By:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Title:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify; text-indent: 35.4pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt">&nbsp;</P>


<!-- Field: Page; Sequence: 62 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">Plan B <!-- Field: Sequence; Type: Arabic; Name: PageNo -->62<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><I>Signature page of the Investment Agreement entered into
by Companhia Sider&uacute;rgica Nacional, Brazil Japan Iron Ore Corporation, POSCO, China Steel Corporation, Congonhas Min&eacute;rios
S.A. and Nacional Min&eacute;rios S.A.</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><U>Witnesses</U>:</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 5cm; text-align: justify"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 5cm; text-align: justify"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 5cm; text-align: justify"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 5cm; text-align: justify"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">1.________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Name:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">ID Card:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="width: 49%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">2.________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Name:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">ID Card:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: right">Plan B 63</P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Gray 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman,serif; margin: 0; text-align: right"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-4.2
<SEQUENCE>3
<FILENAME>exhibit04_2.htm
<DESCRIPTION>EX-4.2
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: right"><B>&nbsp;</B>&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>AMENDMENT TO THE </B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>INVESTMENT AGREEMENT</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center">among</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>COMPANHIA SIDER&Uacute;RGICA NACIONAL</B>,</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>JAP&Atilde;O BRASIL MIN&Eacute;RIO DE FERRO PARTICIPA&Ccedil;&Otilde;ES
LTDA,</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>POSCO,</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>CHINA STEEL CORPORATION,</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center">and</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>CSN MIN&Eacute;RIOS NACIONAL S.A.</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center">Dated December 6, 2019</P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman,serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B><U>AMENDMENT TO THE INVESTMENT AGREEMENT</U></B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">This Amendment to the Investment Agreement (&ldquo;<U>Amendment</U>&rdquo;)
is made and entered into on December 6, 2019, by and among:</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><B>Companhia Sider&uacute;rgica
Nacional</B>, a publicly-held corporation (<I>sociedade an&ocirc;nima de capital aberto</I>) incorporated, organized and existing under
the Laws of Brazil, having its registered office at the Municipality of S&atilde;o Paulo, State of S&atilde;o Paulo, at Av. Brigadeiro
Faria Lima, 3400, 20th floor, enrolled with the Federal Taxpayers&rsquo; Registry (CNPJ/MF) under N. 33.042.730/0001-04, herein represented
pursuant to its by-laws (&ldquo;<U>CSN</U>&rdquo;);</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><B>Jap&atilde;o Brasil Minerio
de Ferro Participa&ccedil;&otilde;es Ltda.</B>, a company duly organized and existing under the Laws of Brazil, with its head office at
the Municipality of S&atilde;o Paulo, State of S&atilde;o Paulo, at Av. Paulista, 37, 19<SUP>th</SUP> floor, enrolled with CNPJ/MF under
N. 23.460.425/0001-89 (&ldquo;<U>BJIOC SPC</U>&rdquo;), <B>POSCO</B>, a company incorporated, organized and existing under the Laws of
Korea, having its registered office at POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, 135-777, Korea (&ldquo;<U>POSCO</U>&rdquo;), and
<B>China Steel Corporation</B>, a corporation organized and existing under the Laws of Republic of China, with head office located at
88 Chenggong, 2nd Roard, Qianzhen, Kaohsiung 80661, Taiwan, Republic of China (&ldquo;<U>CSC</U>&rdquo;),</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">(BJIOC SPC, POSCO and CSC are each
individually referred to as &ldquo;<U>JKTC Party</U>&rdquo; and collectively referred to as &ldquo;<U>JKTC Parties</U>&rdquo; and, jointly
with CSN, as &ldquo;<U>Investors</U>&rdquo;);</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm"><B>CSN Minera&ccedil;&atilde;o
S.A.</B>, a closely-held corporation (<I>sociedade an&ocirc;nima de capital fechado</I>, formerly known as Congonhas Min&eacute;rios S.A.)
incorporated, organized and existing under the Laws of Brazil, having its registered office at the Municipality of Congonhas, State of
Minas Gerais, at Estrada Casa de Pedra, without number, part, zip-code 36.415-000, enrolled with the Federal Taxpayers&rsquo; Registry
(CNPJ/MF) under N. 08.902.291/0001-15, herein represented pursuant to its by-laws (&ldquo;<U>Company</U>&rdquo;).</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 0cm">(Investors and Company are each
individually referred to as &ldquo;<U>Party</U>&rdquo; and collectively referred to as &ldquo;<U>Parties</U>&rdquo;)</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center"><B>WITNESSETH:</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 36pt">WHEREAS, BJIOC, POSCO, CSC, CSN
and Company are parties to the Investment Agreement, executed on November 21, 2014, amendment on November 15<SUP>th</SUP>, 2015 and restated
on November 27<SUP>th</SUP>, 2015 (&ldquo;<U>Investment Agreement</U>&rdquo;).</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 36pt">WHEREAS, JKTC Parties and CSN
desire to amend Article XI - Land Acquisition of the Investment Agreement,</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 36pt">WHEREAS the Parties wish to acknowledge
that, upon the Closing Sale of Shares, BJIOC SPC has succeeded Brazil Japan Iron Ore Corporation (&ldquo;BJIOC&rdquo;) in all of its rights
and obligations under the Investment Agreement and related documents, as set forth in the Investment Agreement,</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 36pt">NOW, THEREFORE, the Investors
hereto, together with Company, hereby agree as follows:&#9;</P>




<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<P STYLE="font: bold 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center; text-indent: 0cm"><FONT STYLE="font-size: 11pt">ARTICLE
I</FONT><BR>
DEFINITIONS</P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.15pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>1.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">Unless expressly defined in this Amendment, terms defined in the Investment Agreement shall have
the same meaning when used in this Amendment. </FONT></P>

<P STYLE="font: bold 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center; text-indent: 0cm"><FONT STYLE="font-size: 11pt">ARTICLE
II</FONT><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT STYLE="font-size: 11pt"><BR>
AMENDMENT AND OTHER COVENANTS</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.15pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>2.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">The Parties hereby agree to amend ARTICLE XI &ndash; LAND ACQUISITION of the Investment Agreement,
which shall be read as follows:</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 0 42.55pt; text-align: center; text-indent: 0cm"><I>&ldquo;<B>ARTICLE XI</B></I></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 0 0 0 42.55pt; text-align: center"><B><I>LAND ACQUISITION</I></B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 42.55pt; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 42.55pt; text-align: justify"><B><I>11.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</I></B><I>The
Land Acquisition shall be implemented in accordance with this Article XI. For purposes of this Agreement, &ldquo;<U>Land Acquisition</U>&rdquo;
means the acquisition and/or the obtention by Company of (i) the full title (propriedade) of all the areas that are necessary for the
tailings (wet and dry), water supply, load out terminal and legal reserves for implementation and operation of projects in connection
with the Mining Rights (the &ldquo;<U>Relevant Areas</U>&rdquo;), free and clear of any Liens that adversely affect the implementation,
change or expansion of Company&rsquo;s operations, and/or (ii) the possession right (direito de posse) on a permanent basis, binding and
opposable before third parties, over the Relevant Areas by means of (a) the creation, implementation and/or completion of a mining easement
(servid&atilde;o miner&aacute;ria) in the Relevant Areas to the benefit of the mineral right related to the DNPM Process No. 043.306/1956
or any other mineral right held by the Company related to the Relevant Areas, and/or (b) any other mechanisms such as expropriation of
the Relevant Areas.</I></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 42.55pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt"><B><I>11.1.1.</I></B></FONT><B><I><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></I></B><I><FONT STYLE="font-size: 11pt">The creation, implementation and/or completion of the mining easement referred in <U>Section
11.1(ii)(a)</U> above shall include all the procedures, including lawsuits, necessary to allow the Company to exercise the possession
of the Relevant Areas, on a permanent basis, binding and opposable before third parties.</FONT></I></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 42.55pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-size: 11pt"><B><I>11.1.2.</I></B></FONT><B><I><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></I></B><I><FONT STYLE="font-size: 11pt">CSN shall bear any and all the costs and expenses required for the Land Acquisition, including
attorney&rsquo;s fees, court costs, royalties, rentals, release of Liens, transfer costs, registration fees, taxes (except for ITBI in
relation to areas which could be transferred to the Company as a result of the merger (incorpora&ccedil;&atilde;o) of an Affiliate by
the Company) and indemnification amounts payable to land owners or third parties with possession rights over the Relevant Areas.</FONT></I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 42.55pt; text-align: justify"><B><I>11.1.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</I></B><I>For
the avoidance of doubt, it is hereby agreed that the Relevant Areas shall not comprise: (i) areas that are necessary for the implementation,
changes or expansions of activities related to mining rights other than the Mining Rights; (ii) areas that are necessary for purposes
of regularization of environmental matters; and (iii) any other purposes related to the operations of the Company.</I></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 0 0 0 42.55pt; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 42.55pt; text-align: justify"><B><I>11.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</I></B><I>Notwithstanding
the provisions above, the budget to implement the Land Acquisition will be of R$200,000,000.00 (two hundred million reais), which shall
be the maximum amount to be disbursed by CSN for the implementation of its obligation under this Clause XI, understood, therefore, as
the limit for the payment obligations of CSN hereunder. </I></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt 42.55pt; text-align: justify; text-indent: 0cm"><B><I>11.3.</I></B><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSN
shall provide all necessary support to the Company in the Land Acquisition process, by taking all the necessary measures or procedures
required for purposes of the transfer of the Relevant Areas which have been acquired directly or indirectly by CSN (including through
sociedades por conta de participa&ccedil;&atilde;o), provided that the executive officer and the Board Member of the Company appointed
by JKTC shall have the right to be informed about the Land Acquisition process, including (i) purchase of Relevant Areas (including status
of negotiations with landowners and status of lawsuits, if applicable), (ii) legal processes (PAE/mining easement (servid&atilde;o miner&aacute;ria),
and (iii) project updates.</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt 42.55pt; text-align: justify; text-indent: 0cm"><B><I>11.3.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</I></B><I>Whenever
the Land Acquisition process requires actions from third parties (such as brokers or acquisition vehicles) that are under control of CSN,
CSN shall, if reasonably required by the Company, instruct such third parties to take such actions.</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt 42.55pt; text-align: justify; text-indent: 0cm"><B><I>11.3.2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Without
prejudice of Clouse 11.3 above, </I></B><I>until the completion of the Land Acquisition, the statutory officer and the Board member of
the Company appointed by JKTC shall also have the right to (i) participate in all relevant discussions at the Company related to Land
Acquisition, its strategy and process; and (ii) be provided with reports on the status/progress of the Land Acquisition, as long as JKTC
makes no unreasonable requests. </I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt 42.55pt; text-align: justify; text-indent: 0cm"><B><I>11.3.3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</I></B><I>The
costs and expenses with the Land Acquisition incurred directly by the Company shall be accrued and presented to CSN on a quarterly basis
and contributed or reimbursed by CSN to the Company, as the case may be, within 45 days from receipt of a notice in this regard, together
with the relevant receipts and support documentation in accordance with <U>Section 11.2.3.1</U> below. After such 45-day period, the amount
to be contributed or reimbursed by CSN is subject to the payment of late interest of 1% per month plus 1% delinquent penalty.</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt 42.55pt; text-align: justify"><B><I>11.3.3.1.</I></B><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
purposes of the Land Acquisition and the contribution referred in <U>Section 11.3.3</U>, CSN shall subscribe a capital increase to be
paid in with (i) the lands or rights acquired by CSN in connection with the Land Acquisition process and/or, as the case may be, (ii)
the amount corresponding to the expenses incurred by the Company in relation to the Land Acquisition process (&ldquo;<U>Land Capital Increase</U>&rdquo;).
Every time a Land Capital Increase takes place, JKTC Parties shall have the right, at its sole discretion, to participate in the Land
Capital Increase, pursuant to article 171 of the Brazilian Corporations Law. In case JKTC Parties decides not to participate in the Land
Capital Increase, fully waiving its preemptive right, it may exercise the Land Acquisition Subscription Bonus subscribing for as many
common shares of the Company as necessary to ensure that JKTC keeps the same equity and voting interests in the Company as it held immediately
before such Land Capital Increase, for an exercise price of R$ 1,000.00 (one thousand Reais). Alternatively, the Parties may agree on
other available mechanisms to achieve the same effect. An illustrative example of the calculation of the number of shares to be subscribed
by JKTC is attached hereto as <U>Schedule 11.3.3.1</U>.&rdquo;</I></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.15pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>2.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">Considering the amendments hereby agreed by the Parties, Schedule 11.4.4.1 of the Investment
Agreement shall be renumbered as Schedule 11.3.3.1.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.15pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>2.3</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt">The Parties hereby acknowledge that, upon the Closing Sale of Shares, BJIOC SPC has succeeded
BJIOC in all of its rights and obligations under the Investment Agreement and related documents.</FONT></P>




<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<P STYLE="font: bold 12pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: center; text-indent: 0cm"><FONT STYLE="font-size: 11pt">ARTICLE
III<BR>
GENERAL PROVISIONS</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.15pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.1</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt; letter-spacing: -0.1pt">Except as expressly amended hereby, the Investment Agreement shall remain
in full force and effect.</FONT></P>

<P STYLE="font: 12pt Times New Roman,serif; margin: 6pt 0 12pt 14.15pt; text-align: justify; text-indent: 0cm"><FONT STYLE="font-family: Times New Roman Negrito,serif; font-size: 11pt"><B>3.2</B></FONT><B><FONT STYLE="font-family: Times New Roman; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></B><FONT STYLE="font-size: 11pt; letter-spacing: -0.1pt">The provisons of Article IX (Applicable Law and Dispute Resolution) of
the Investment Agreement shall apply to this Amendment.</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 36pt">IN WITNESS WHEREOF, the Parties
hereto have caused their duly authorized representatives to affix their respective signatures on this instrument the day and year first
above written.</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 6pt 0 12pt 261.35pt; text-align: center; text-indent: -261.35pt">[<I>signature pages
follow</I>]</P>


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><I>Signature page of the Amendment to the Investment Agreement
entered into by Companhia Sider&uacute;rgica Nacional, Jap&atilde;o Brasil Minerio de Ferro Participa&ccedil;&otilde;es Ltda., POSCO,
China Steel Corporation and CSN Minera&ccedil;&atilde;o S.A.</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify; text-indent: 35.4pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>Companhia Sider&uacute;rgica Nacional</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">_________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">By:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Title:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="width: 49%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">_________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">By:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Title:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 5cm; text-align: justify"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><I>Signature page of the Amendment to the Investment Agreement
entered into by Companhia Sider&uacute;rgica Nacional, Jap&atilde;o Brasil Minerio de Ferro Participa&ccedil;&otilde;es Ltda., POSCO,
China Steel Corporation and CSN Minera&ccedil;&atilde;o S.A.</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>Jap&atilde;o Brasil Minerio de Ferro Participa&ccedil;&otilde;es
Ltda.</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">_________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">By:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Title:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="width: 49%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman,serif; text-align: justify"></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify; text-indent: 35.4pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 5cm; text-align: justify"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt">&nbsp;</P>


<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Times New Roman,serif; margin: 0"><I>&nbsp;</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><I>Signature page of the Amendment to the Investment Agreement
entered into by Companhia Sider&uacute;rgica Nacional, Jap&atilde;o Brasil Minerio de Ferro Participa&ccedil;&otilde;es Ltda., POSCO,
China Steel Corporation and CSN Minera&ccedil;&atilde;o S.A.</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>POSCO</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">_________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">By:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Title:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="width: 49%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman,serif; text-align: justify"></TD></TR>
  </TABLE>
<P STYLE="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt">&nbsp;</P>


<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><I>Signature page of the Amendment to the Investment Agreement
entered into by Companhia Sider&uacute;rgica Nacional, Jap&atilde;o Brasil Minerio de Ferro Participa&ccedil;&otilde;es Ltda., POSCO,
China Steel Corporation and CSN Minera&ccedil;&atilde;o S.A.</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>China Steel Corporation </B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">_________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">By:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Title:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="width: 49%; padding-right: 5.4pt; padding-left: 5.4pt; font: 12pt Times New Roman,serif; text-align: justify"></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 5cm; text-align: justify"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><I>Signature page of the Amendment to the Investment Agreement
entered into by Companhia Sider&uacute;rgica Nacional, Jap&atilde;o Brasil Minerio de Ferro Participa&ccedil;&otilde;es Ltda., POSCO,
China Steel Corporation and CSN Minera&ccedil;&atilde;o S.A.</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>CSN Minera&ccedil;&atilde;o S.A.</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">_________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">By:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Title:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="width: 49%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">_________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">By:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Title:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt">&nbsp;</P>


<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Times New Roman,serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><I>Signature page of the Amendment to the Investment Agreement
entered into by Companhia Sider&uacute;rgica Nacional, Jap&atilde;o Brasil Minerio de Ferro Participa&ccedil;&otilde;es Ltda., POSCO,
China Steel Corporation and CSN Minera&ccedil;&atilde;o S.A.</I></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify"><U>Witnesses</U>:</P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 5cm; text-align: justify"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 5cm; text-align: justify"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 5cm; text-align: justify"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman,serif; margin: 0 0 0 5cm; text-align: justify"><FONT STYLE="text-transform: uppercase">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">1.________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Name:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">ID Card:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD>
    <TD STYLE="width: 49%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">2.________________________</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">Name:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">ID Card:</P>
    <P STYLE="font: 11pt Times New Roman,serif; margin: 0; text-align: justify">&nbsp;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0pt 0pt; text-align: right">11</P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Gray 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 12pt; text-align: right"></P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-8.1
<SEQUENCE>4
<FILENAME>exhibit08_1.htm
<DESCRIPTION>EX-8.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="white-space: nowrap; width: 44%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 11%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Equity interests (%)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 16%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 29%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Companies</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>12/31/2020</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Jurisdiction of incorporation</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Core business</B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: center; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0"><B>Direct interest in subsidiaries: full consolidation</B></P>
    <P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CSN Islands VII Corp.</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100.00</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Cayman Islands </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Financial transactions </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CSN Inova Ventures<SUP>(1)</SUP></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100.00</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Cayman Islands </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Financial transactions </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CSN Islands XII Corp.</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100.00</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Cayman Islands </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Financial transactions </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CSN Steel S.L.U.</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100.00</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Spain </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Equity interests and financial transactions&nbsp;&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">TdBB S.A.<SUP>(*)</SUP></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100.00</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Panam&aacute; </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Equity interests </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Sepetiba Tecon S.A.</FONT></TD>
    <TD STYLE="text-align: center; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">99.99</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Brazil </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Port services </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Min&eacute;rios Nacional S.A.</FONT></TD>
    <TD STYLE="text-align: center; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">99.99</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Brazil </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Mining and equity interests </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Companhia Florestal do Brasil</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">99.99</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Brazil </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Reforestation </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Estanho de Rond&ocirc;nia S.A.</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">99.99</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Brazil </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Tin mining&nbsp;&nbsp;</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Companhia Metal&uacute;rgica Prada</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">99.99</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Brazil </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Manufacture of containers and distribution of steel products </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CSN Minera&ccedil;&atilde;o S.A. </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">87.52</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Brazil </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Mining</FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CSN Energia S.A. </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">99.99</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Brazil </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Sale of electric power </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">FTL - Ferrovia Transnordestina Log&iacute;stica S.A. </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">92.38</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Brazil </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Railroad logistics </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Nordeste Log&iacute;stica S.A.</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">99.99</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Brazil </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Port services </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CSN Inova Ltd. </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100.00</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 1.85pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Israel</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Advisory and implementation of new development projects </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CBSI - Companhia Brasileira de Servi&ccedil;os de Infraestrutura</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">99.99</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Brazil </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Equity interests and product sales and iron ore </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CSN Cimentos S.A.<SUP>(3)</SUP></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">90.00</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Brazil </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Manufacturing and sale of cement&nbsp;&nbsp;</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Indirect interest in subsidiaries: full consolidation</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Lusosider Projectos Sider&uacute;rgicos S.A.</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100.00 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Portugal </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Equity interests and product sales </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Lusosider A&ccedil;os Planos, S.A.</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">99.99 </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Portugal </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Steel and equity interests </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CSN Resources S.A.</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100.00</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Luxembourg </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Financial transactions and equity interests </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Companhia Brasileira de Latas </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">99.99</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Brazil </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Sale of cans and containers in general and equity interests </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Companhia de Embalagens Met&aacute;licas MMSA </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">99.67</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Brazil </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Production and sale of cans and related activities </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Companhia de Embalagens Met&aacute;licas - MTM </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">99.67</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Brazil </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Production and sale of cans and related activities </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CSN Steel Holdings 1, S.L.U. </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100.00</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Spain </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Financial transactions, product sales and equity interests </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CSN Productos Sider&uacute;rgicos S.L. </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100.00</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Spain </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Financial transactions, product sales and equity interests </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Stalhwerk Th&uuml;ringen GmbH </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100.00</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Germany </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Production and sale of long steel and related activities </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CSN Steel Sections Polska Sp.Z.o.o </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100.00</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Poland </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Financial transactions, product sales and equity interests </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CSN Mining Holding, S.L&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">87.52</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Spain </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Financial transactions, product sales and equity interests </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CSN Mining GmbH </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">87.52</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Austria</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Financial transactions, product sales and equity interests </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CSN Mining Asia Limited </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">87.52</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Hong Kong</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Commercial representation </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Lusosider Ib&eacute;rica S.A. </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100.00</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Portugal</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Steel, commercial and industrial activities and equity interests </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CSN Mining Portugal, Unipessoal Lda. </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">87.52</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Portugal</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Commercial and representation of products </FONT></TD></TR>
  <TR STYLE="background-color: #D9E1F2">
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Companhia Sider&uacute;rgica Nacional, LLC</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100.00</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">United States</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Import and distribution/resale of products </FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CSN Cimentos S.A.<SUP>(2)</SUP></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">100.00</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Brazil </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;Manufacturing and sale of cement&nbsp;&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="text-align: center; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">(*) Dormant companies.<BR>
<BR>
1. Formerly CSN Islands XI Corp.<BR>
<FONT STYLE="color: red"><BR>
</FONT>2. Acquired on October 2, 2020.</FONT></TD></TR>
  </TABLE>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-12.1
<SEQUENCE>5
<FILENAME>exhibit12_1.htm
<DESCRIPTION>EX-12.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: right"><B>EXHIBIT&nbsp;12.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center"><B>CERTIFICATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 9pt">I, Benjamin Steinbruch, certify that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
I have reviewed this annual report on Form 20-F of Companhia Sider&uacute;rgica Nacional;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period
covered by this report;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material
respects the financial condition, results of operations and cash flows of the company as of, and for, the periods presented in this report;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt">4. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The
company&rsquo;s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as
defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules
13a-15(f) and 15d-15(f)) for the company and have:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-indent: 0.25in">(a)&nbsp;&nbsp; designed such disclosure controls
and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information
relating to the company, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during
the period in which this report is being prepared;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-indent: 0.25in">(b)&nbsp;&nbsp; designed such internal control
over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable
assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance
with generally accepted accounting principles;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-indent: 0.25in">(c)&nbsp;&nbsp; evaluated the effectiveness
of the company&rsquo;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the
disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-indent: 0.25in">(d)&nbsp;&nbsp; disclosed in this report any
change in the company&rsquo;s internal control over financial reporting that occurred during the period covered by the annual report that
has materially affected, or is reasonably likely to materially affect, the company&rsquo;s internal control over financial reporting;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-indent: 0.25in">5.&nbsp;&nbsp;&nbsp; The company&rsquo;s other
certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the company&rsquo;s
auditors and the audit committee of the company&rsquo;s board of directors (or persons performing the equivalent function):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-indent: 0.25in">(a)&nbsp;&nbsp; all significant deficiencies
and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely
affect the company&rsquo;s ability to record, process, summarize and report financial information; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-indent: 0.25in">(b)&nbsp;&nbsp; any fraud, whether or not material,
that involves management or other employees who have a significant role in the company&rsquo;s internal control over financial reporting.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 40%">
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated: April 12, 2021</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="3">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Companhia Sider&uacute;rgica Nacional</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;<I>/s/ Benjamin Steinbruch</I></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Benjamin Steinbruch</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Executive Officer</FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  </TABLE>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-12.2
<SEQUENCE>6
<FILENAME>exhibit12_2.htm
<DESCRIPTION>EX-12.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: right"><B>EXHIBIT&nbsp;12.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center"><B>CERTIFICATION</B></P>

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt">I, Marcelo Cunha Ribeiro, certify that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-indent: 0.25in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
I have reviewed this annual report on Form 20-F of Companhia Sider&uacute;rgica Nacional;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-indent: 0.25in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period
covered by this report;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-indent: 0.25in">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material
respects the financial condition, results of operations and cash flows of the company as of, and for, the periods presented in this report;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-indent: 0.25in">4. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The company&rsquo;s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures
(as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules
13a-15(f) and 15d-15(f)) for the company and have:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-indent: 0.25in">(a)&nbsp;&nbsp; designed such disclosure controls
and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information
relating to the company, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during
the period in which this report is being prepared;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-indent: 0.25in">(b)&nbsp;&nbsp; designed such internal control
over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable
assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance
with generally accepted accounting principles;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-indent: 0.25in">(c)&nbsp;&nbsp; evaluated the effectiveness
of the company&rsquo;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the
disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-indent: 0.25in">(d)&nbsp;&nbsp; disclosed in this report any
change in the company&rsquo;s internal control over financial reporting that occurred during the period covered by the annual report that
has materially affected, or is reasonably likely to materially affect, the company&rsquo;s internal control over financial reporting;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-indent: 0.25in">5.&nbsp;&nbsp;&nbsp; The company&rsquo;s other
certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the company&rsquo;s
auditors and the audit committee of the company&rsquo;s board of directors (or persons performing the equivalent function):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-indent: 0.25in">(a)&nbsp;&nbsp; all significant deficiencies
and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely
affect the company&rsquo;s ability to record, process, summarize and report financial information; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 9pt; text-indent: 0.25in">(b)&nbsp;&nbsp; any fraud, whether or not material,
that involves management or other employees who have a significant role in the company&rsquo;s internal control over financial reporting.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 49%">
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated: April 12, 2021</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="white-space: nowrap">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Companhia Sider&uacute;rgica Nacional</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;<I>/s/&nbsp;Marcelo Cunha Ribeiro</I></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="padding-left: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marcelo Cunha Ribeiro</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt/13.8pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-13.1
<SEQUENCE>7
<FILENAME>exhibit13_1.htm
<DESCRIPTION>EX-13.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: right"><B>EXHIBIT&nbsp;13.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center"><B>CERTIFICATION PURSUANT TO&nbsp;18 U.S.C.
SECTION&nbsp;1350,<BR>
AS ADOPTED PURSUANT TO<BR>
SECTION&nbsp;906 OF THE U.S.&nbsp;SARBANES-OXLEY ACT OF&nbsp;2002</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 5pt 0; text-indent: 0.25in">Pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002 (subsections (a) and (b) of Section 1350, Chapter 63 of Title 18, United States Code), the undersigned officer of Companhia
Sider&uacute;rgica Nacional (the &ldquo;<U>Company</U>&rdquo;), does hereby certify, to such officer&rsquo;s knowledge, that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 5pt 0; text-indent: 0.25in">The Annual Report on Form 20-F for the fiscal
year ended December 31, 2020 of the Company, as filed with the U.S. Securities and Exchange Commission (the &ldquo;<U>Report</U>&rdquo;),
fully complies with the requirements of Section 13(a) or 15(d) of the U.S. Securities Exchange Act of 1934 and the information contained
in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 5pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 40%">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Dated: April 12, 2021</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;<I>/s/ Benjamin Steinbruch</I></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="vertical-align: top; padding-left: 5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Benjamin Steinbruch</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="vertical-align: top; padding-left: 3pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Executive Officer</FONT></TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt/13.8pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/13.8pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/13.8pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-13.2
<SEQUENCE>8
<FILENAME>exhibit13_2.htm
<DESCRIPTION>EX-13.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: right"><B>EXHIBIT&nbsp;13.2</B></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center">CERTIFICATION PURSUANT TO&nbsp;18 U.S.C.
SECTION&nbsp;1350,<BR>
AS ADOPTED PURSUANT TO<BR>
SECTION&nbsp;906 OF THE U.S.&nbsp;SARBANES-OXLEY ACT OF&nbsp;2002</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 5pt 0; text-indent: 0.25in">Pursuant to Section 906 of the Sarbanes-Oxley
Act of 2002 (subsections (a) and (b) of Section 1350, Chapter 63 of Title 18, United States Code), the undersigned officer of Companhia
Sider&uacute;rgica Nacional (the &ldquo;<U>Company</U>&rdquo;), does hereby certify, to such officer&rsquo;s knowledge, that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 5pt 0; text-indent: 0.25in">The Annual Report on Form 20-F for the fiscal
year ended December 31, 2020 of the Company, as filed with the U.S. Securities and Exchange Commission (the &ldquo;<U>Report</U>&rdquo;),
fully complies with the requirements of Section 13(a) or 15(d) of the U.S. Securities Exchange Act of 1934 and the information contained
in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 5pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 40%">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Dated: April 12, 2021</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: black 1pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;<I>/s/&nbsp;Marcelo Cunha Ribeiro</I></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="vertical-align: top; padding-left: 5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marcelo Cunha Ribeiro</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 3pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Financial Officer</FONT></TD>
    </TR>
  </TABLE>
<P STYLE="font: 10pt/13.8pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt; text-align: justify">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>sidform20f2020_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 sidform20f2020_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" %] Q8# 2(  A$! Q$!_\0
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MG\Z6B@ P/048'H*** % W,%+;0>_I7?Z1XVTGPM8QV%C;37:@9>? Y->?T4
M>L:?\4(+_4K:S73YE,\@0,>V?QKL+G7=+M)V@N+Z&.5>JL>17SW!/+:W$<\+
ME)8V#(P[$=Z6]N9M1NWNKN1I9Y/O.3R: /I)'66-71@R,,@CN*=7BWA#Q7K=
MM<6VCVOESQN_'G'[BYYQ7L4MW!;0F2XF1 @RQ)Z4 3T5'!<0W,2RP2+(C $,
MISD5)0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M_4UQ<]U<7+!IYGD8'(+-G%0T4Y3E+=F=.A2I*T(I&]X>\7:IX=U6*_MY?-*
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MTP * %  '0"@!L<4<*!(D5%'15&!3Z** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ KS_XH>#M0\3Z6LNGW
M+^9;@G[-_#)_]>O0**F45)69K1K2HU%4CNCXQFADMYGAF1DD0E65AR"*97L'
MQN\/+!<6VL6]O'&C_).Z\%CQBO'Z\VI#DE8^VPN(6(I*HNH4445!TA1110 4
M444 %%%*HY%73@ZDU".[T,ZE2-.#J2V2O]PE%/R/4T9'J:];^PL7Y?>>)_K+
M@.[^[_@C**?D>IHR/4T?V%B_+[P_UEP'=_=_P1E%/R/4T9'J:/["Q?E]X?ZR
MX#N_N_X(RBGY'J:,CU-']A8OR^\/]9<!W?W?\$913\CU-&1ZFC^PL7Y?>'^L
MN [O[O\ @C**?D>IHR/4T?V%B_+[P_UEP'=_=_P1E%/R/4T<$'DTGD6+2OI]
MXUQ)@&[)O[O^",HH/!J[I.DWFMZE%86$)EGD/ '8=S7D6UL>XY)+F>Q>\)^'
MF\4>((M*680F16;>>V!FOI'P7X1M_"6CBT0)).6)DF Y;TKSKP#\-]>\/>+[
M?4+Q(A!&KAB#ZBO:J[</3LKM:GR^;XSVDU"G*\?U"BBBND\4**** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *3:/04M%
M ' ^)OAU_;^M-?I<I"&3:5"#KZ]*\W\2^"Y?#MR/M:I)%(VV-U8Y;ZBOH:N(
M^)]M#)X9,[Q@RQM\C=UI-)[EQJ3C\+:/$_L0'"3R(O91SBE\N]! $R;1T)JS
MVHI<J+]O-[V?JD5C+=KQY"MCOGK1]M"\-!+N[X'%6:,T6?<7M(/>"^3:_P R
MO]NML?-*%/\ =;J*F61'4,K @]Z"B$Y**3ZXJO<VL'ERRF(%@I/4T>\BDJ4F
MEJON?^1:'/2BN3_M.Z'$<AC7LJ]!5B/7;H;0VT@=2>]8K$PZGHSR3$)7BTSI
M*VO"-@=3\4V<"R;"AWY^G-<Y:7T-YD19RH!;->H_"S2=\UQJDL2LJ_)$_<-W
M_2MTTU='E3IRIRY9JS/4:***9 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !4-Y=16-G-=3MMBA0NY]
M *FKP?XNZKXGCUMM/\R5-,D7,:0@X?UW8J*D^2-SJPF&^L5>2]CFO'_CZZ\7
M7QACS%IL3?NX_P"]_M&N+I2""0001U!I*\R4G)W9]K1I0I04(*R04444C4**
M** "BBB@ IR]OK3:<O;ZUT8/_>*?JOS.3'?[K5_PO\A#U-%!ZFBOT4_* J6*
MUGGBEDAB9TB&9&'\/UJ+(%=KX 6.6'4X92OERR0JZL0 P).:RJSY(\Q<(\SL
M<5D$9'2BN\BBTW4/$6H0+IME$UCN6UMXQA)SS][GGH*OV>G:</\ 3]0TNRAU
M!87,EAQY2@+E6QGO]:R>)2W1?L?,\TK1L-!U74X6FLK)Y8U."VX#^=:6LI:W
M_A>QUN.UM[2XFF>%X;<;4PH&#CUYK4O;;4M0TC0FT0L\<4*+.(I N''7.:J5
M9V5M/7R"--7LSBY8I()6BE0I(APRGJ#3*]0UF32XK47<EI9W4K3_ &>:249*
M#CI[\TGB'0]"@T6]^SPPM' FZVGA7#L?5CW%0L4M+K<'1WLSS"B@45U&(4J]
M_I24J]_I4S^%E4_C7JOS0AZUZ)\%[>=_'*W"1L88X'#N.BY'%>=GK79?#KQC
M=^%M6>*"T^U1WA"-$O#%NV#^-?G,&E4NS]5QD9SPTHP6K1]/45%;2F>UBE9-
MC.@+)G.TXY'X5+7IGPS5@HHHH **** "BBB@ HHHH **** "BBB@ HHHH **
M** "BBB@ HHHH **** "BBB@ HHHH **** "N-^)G_(I2_[U=E7-^-M'N];\
M/26ED%,Q.1NH \*'2BI;FUGLKA[>YC:.5#AE(J*@ HHHH J7EZUK]V!I.,DC
MM60^M7+Q2HT8PPP..@KHNHQVJ.6&-XG3:B[E(R:RG";VD=^&Q&'II*I2N^]S
MBZ "2 !DFK"VDLDSQQ+OVM@D5K:?HTD,XEN,#;R%'>N&%*4G9(^IQ&-HT(.4
MI:]NI>TRW%O9(,$,W)SZU[9\+,CPU*"&!\]NHQ7)> _"D>O7;7MX#]D@;Y5'
M1V]/PKV*&&*",1Q1JB#H%&*]**LK(^*JU'4FYRW9)1113("BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M *H:K]FM["XOIK9)C;Q-)A@,G SBK]9?B.XM+?P]?&]N5MX'A9#(W;(/0=S2
M>Q=-7FD?)FIW*WNJW=TD?EK+*SA!_#D]*JU+<B-;J40R>9&'.UR,;AGKBHJ\
ME[GW\59)(****"@HHHH **** "G+V^M-IR]OK71@_P#>*?JOS.3'?[K5_P +
M_(0]32,<*3Z"E/4T=:_13\H1V[+!HEKI5O::3:WTMY&99#<H&8 8^[^=5O%'
MAU=(MWU&UG>")_+)@/!#-U_ >E5=*\9WFEK!NM;>ZDMS^YDE0%D'H">U/F\9
MW,NHW$\MM%<P3D,T%R-ZJP],]!7&H55*Z7X[G1S0:+-MX3A34%BGU:2*X,$=
MPLJ1,>&&?O"K-WX/.CW]I<^(]9>&*]D46TFTNTZY'!QTX/?UK-/CG46U"2Z:
M&#8Z+'Y*H H"],58N/B'J-]<127UE9W*0!1!')&"(L=Q[TG'$7_X;\-!J5,M
M>)_#6F67VB\;4#:V[3M%;6RQDAL=^.G%/T7P7<:C!$FCZS/'+.-QB*L@]R<^
MU<YK/B:^UR-8[E8E59VG4(N,,?Z5KZ9\1]6TI8VAA@::--BR,H/&*'"NJ:2>
MO]>0*5/FU&7GA2&5[RTTC5FOKFU?_28WC* <XSD]3FKMOH$3FZL/^$BF>ZL%
M#7%B4;9C(^4'IWKG;;Q'>6UYJ%RH7=J!'G[>".<_+Z=*ZNY\8Z1;Z==RV<22
MWUW&$;,&UU.0<L_\72E-5E9;_=Y?\$(N#NQEYX&CNM5OKD2+9V'G".!57/.T
M'M7%ZKILND:I/83LC20M@E&!!XSU%;D'CO5(IIY)%CE69M_ED?*IQCBL"_O&
MU"^ENV14:4Y*KT%:T8U4[3V,ZC@U[I6I5[_2DJ6W027$<9Z.P!K:?PLB#M)/
MS(CUJ2VN9K2X2>"0QRH<JRGD&O0H?!&EA"TC2L2%*8;&..<UHCP[I 4 V2\#
M%?GWU:=V?HT\ZPZ2239#\//BC/I=U_9^N3O-:3/D3N<M&Q/?VKWR*5)X4EB8
M/&ZAE8="#WKPV'0-&CGC=]/1T5@64XY'I7J.A^)]/N(UM1&+-8P$C1CQCH *
MZ:4915I.YX>-K4*T^>E%I]3I** 01D'(KD/B-XDOO"WAEM0T\1F8.!\ZY'45
MT4X.I)0CNS@E)15V=?17SM_PNSQ1_<M/^_8H_P"%V>*/[EI_W[%=W]EXCR^\
MY_K=,^B:*^=O^%V>*/[EI_W[%'_"[/%']RT_[]BC^R\1Y?>'UNF?1-%?.W_"
M[/%']RT_[]BC_A=GBC^Y:?\ ?L4?V7B/+[P^MTSZ)HKYV_X79XH_N6G_ '[%
M'_"[/%']RT_[]BC^R\1Y?>'UNF?1-%?.W_"[/%']RT_[]BC_ (79XH_N6G_?
ML4?V7B/+[P^MTSZ)HKYV_P"%V>*/[EI_W[%'_"[/%']RT_[]BC^R\1Y?>'UN
MF?1-%?.W_"[/%']RT_[]BC_A=GBC^Y:?]^Q1_9>(\OO#ZW3/HFBOG;_A=GBC
M^Y:?]^Q1_P +L\4?W+3_ +]BC^R\1Y?>'UNF?1-%?.I^-OB@#/EVG_?L5[MX
M<OYM4\/V5[<!1+-'N;:.,UAB,'4H).?4TIUHU':)J4445RFH4444 %%%% !1
M110 444R6:*%=TLB(/5CB@#F/%/@BT\1RBY$K072IM##[I^HKR;7O#M[X=NT
M@O-A\P;HRIZC.*]5U;XD^&=)VA[X7$C-M"6X\PY^@KR[QMXHO_%$=M>6VAW%
MI&#Y<5U*WRNOTQUJ'4BM#JA@JTE=JR[O3\S%)"_>('U-4Y=3M82!OWGT49JN
MNDS2D-=W3,,?=7C%7(;&V@QLB&0,9/.:5YO96*Y,+3^*3F_+1?>_\BE]OO;D
M@6UKM!_B?O2)IEU<L//N)).I,<8)(_*O2O!?@F'Q#:"]N;ADMU)'DH,'/UKU
M"P\-Z1IO_'M8Q*Q !8J"31[._P 3N/ZXX:48J/XO[V>,:5\-M9.GB\M8 J.I
M8!V 9A3M/\&:[?W@@^Q-$H8;V<X&.]>\@   # '04M6DDK(Y)SE.7--W9GZ-
MI5OHNF16=LFU%&3[MW-:%%%,D**** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BFO(D>-[JN>F36%K_ (TT+PW$6U"]02#!\F,AG(/H
M*3:6K+A3G-\L5=F_17GG_"Z/"7]^]_[\?_7KFF^-ZR>(H%6V,6DJQ$CXW.P[
M'':LW6@NIU0R[%2O[C1[,\B1C+L%'J3BN5USXC^&O#\ODW5[YDH;:R0#>5/O
MCI7D?Q"^)<GB&7['I,LD>GX!W8V.6_"O-W9I'+NQ9CR68Y)K&IB;.T3TL)DO
M/%2K.WD?1W_"Z/"/_/6\_P"_!_QK3TOXF^%=5A>1-16 (VW%S^[)^@-?+M%9
MK$S.R628=K1M'UW8>)]$U.<P66IVL\H&[8D@)Q6M7QE!/-;2"2"5XG'\2,0?
MTKH!X^\3A HU67 &*TCBEU1R5<BE?]W/3S/IC5_$FDZ):O/?7L,8520I8;FQ
MV [FOFSQ?XYU3Q9<%+B;%G&[>5&HV@C/!(]:YRXN[B[?=<3RRG)/SN3_ #J&
MLJM=ST6QZ&"RRGAGS/67Y>@4445@>H%%%% !1110 4444 %*#BDHJZ51TYJ:
MZ.YE6IJK3E3?5-?>..W/6CY?7]*;17O?ZQ5OY%^)\U_JIA_^?DON0[Y?7]*/
ME]?TIM%'^L5;^1?B'^JF'_Y^2^Y#OE]?TH^7U_2FT4?ZQ5OY%^(?ZJ8?_GY+
M[D.^7U_2CY?7]*6%0\\:$G#, ?SJ_KEE%I^I-! 24"@@GK4/B6HI*'(KOU%_
MJMA[V]I+[D9_R^OZ4?+Z_I3:*O\ UBK?R+\1_P"JF'_Y^2^Y#OE]?TH^7U_2
MFTZ,*TBAV*J3R1VH_P!8:W\B_$/]5</_ ,_)?<B6"VFNI!';Q/*_HJYJ_:Z-
MJ27<3-93@!QD[#7>^'_#_P#PCX>7S=[W"<$KT4^E;.3ZFNJ.;U91]Z"_$^?K
MX"A"I:E)M+N-7_5H/]D?RI:**\LV"CT]J** .@T7Q->V<\<,\C2VY.#QEAZ8
MIGQDD$W@ R , SJ<,,$<BJOAX!M?M00",G@U=^-/_(BR?]=!_,5TX/\ CP]3
M.K\#/G6BBBOK#Q0I"0.IQ2UI:%?K8:I&[6L5RLA"%).E*3:5T-*[L9@8'H0?
MI2Y'K7<^,+*&Y_M6>VM8;.#3)$0+&.7R@;D_C3M*\-:7%X:N+O5+DK'<0F5)
MD4,T6.,8[UC]8CRJ31K[%WL<)174P^%+62]ME^WSO97<9>UGCA#.^.#E<\<U
MH:A\/H-)T276+[4Y8;,L$MP81O=O<9XYIO$4TTK[DJE)G$>7)LWB-RA.-P'&
M::00<$8->H^%X+R31;6UTMS<$%_*CGLUV,Q/4OUX-<W>>$XVO+VU74-^MQ!I
MY[78!& .6PWMSVJ8XB+DXOH4Z3M=')$@#).!2 @]"#]*Z7P):6]]XHBBN8HY
M8_)D<+(<+D*2,^U;E_H]AJMI++<365O/:?/-)8,)$6,]/3GK53KJ,^5H4:?-
M&YY_1776G@RVNLW:ZHPTDQ[UN3&-Y/<;:?KVEZ#;>"K"[TZ\DFGDN&4.\84N
M,=#S1[>%TD'LI6NSCJ***V,AK_<-?6G@O_D3],_ZXC^=?);_ '#7UIX+_P"1
M/TS_ *XC^=>1F_\ #CZG;@MV;U%%%>">B%%%1RS10(7ED5% R2QQQ0!)17&Z
MO\4/"^DD*+[[7(V1LM1YA!'KSQ7/#QOXR\1O%'X?\/O:Q/N(N;H$(PQQR1Q6
M;J16AU0P5:2YFK+N]/S/3Y[B&VB,L\J1HHR68X KCM4^*?AC36")=M>2,N5%
MJOF#/N1TK#B^'6OZXT,OB?7I&CW%GM8#A>1TR,5V.D>"M T15^R:=#N"!2SK
MN)_.E><ME8ODPU/XY.3\M%][.+7QEXY\2.BZ'X?^PQ,FX371^5A[$BGVOPUU
MO5?)E\2^(;B08R]O"Q4*WIN!YKU!55%"HH50,  8 I:?L[_$[@\:XZ48J/XO
M[V<OI'@+PWH,<;16,3/&,>;* Q/N<US7Q(U/3+G1;>SL+F%C%.,Q1$848/84
MOQ+\3/&1HMJ2N\9EE5L$?[->98Y)[GJ?6K22V.6=2=1WF[A2.2J$CJ!2UO\
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M[-']CXW^3\4']O9?_P _/P?^0VBG8'^S1@?[-']CXW^3\4']O9?_ ,_/P?\
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MQ)?EC')IS%,E$0^6Q]5]!6D?AZ()_P#2;]%@D&8<'YF'<FL6#Q=J%OJ+W2)
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M .AIM_\ OV:/^$-T/_H:;?\ []FN)P/2C ]*/JU?_G\_NC_D'LZG\_Y';?\
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M//:*[;_A7_\ U$#_ -\4?\*__P"H@?\ OBC^TL-_-^##ZK5['$T5VW_"O_\
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M]^NE_*K_ #>WX7,G[U2W8W(/^1!N_P#KLO\ Z%2:N!+X2T>YD^:<O)&7/7:
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "L'Q1JR:?ISQ),4N9!^[V]1[UKWMW%96DEQ.^U$')KRF_OI]0NWEFE:
M1<_N]W8>E %=F9W9W.YV.6)[FDHHH **** "BBB@ HHHH **** "BBB@ HHH
MH **** "BBB@ HHH/0T 8OB;6;73M+GMF9C=RKA$'3'J:\NKNOB9Y<VI65Q'
M(O\ Q[K&8\?,"!U/L:X6O.KR;G9]#['*:,*>&4H[RU84445B>F%%%% !1110
M 445J:!H-UXCU,6%F5$I0OENF!UJ)SC3BYS=DB9244Y/8T+;_B7^#9YLAFO9
M H'0J%)%<W74>,+6]L_L=O/9O!# I17<C]X>YP*YD12-@"-B6Z84\UCA&I0=
M1?:=_P#+\#.BTTY=SH-;_P"15T7_ 'I/Z4MA_P B/JO^_'_Z%5J_TR^OM T.
MUMK2:2=FEP@0Y[5>TWPMK5GHVI6^K6$EO9%-Y<D9##D=#ZUAROZOS6T4K_\
MDQSNI!1LVKW_ %.$HIR1O(/D1F^@S70Z-X?U4W!D%G'@+D>>.#GZ5Z48N3LC
MHJUZ=*-YM(E\"6@/BVSGN[)Y[2 ^9,O3"X.#SCO7=^*O'6D3ZS))%,;A5&U?
M)Y%8:^%[B[$7]JZE--Y:!%5.-H]/I6M9Z-IVG[3;VJ*X&W>1DGZUV4H3BK+0
M^;QV*PM>:E*\K=%HOO?Z(PVU37M7C"65C]FCD7_6MZ5,OA+[1()-3OY;AMN,
M ]*Z3/ '8=J*U]FG\3N<+QLHZ44H+RW^]ZE.UTJPLN;>UC1L8+8R35Z-D21&
M<?NPP+#VIM!QCFK22V.64Y3=Y.[/7K%XWL86B&(R@P*L5@^$)99=!B,K,Q!(
M&?3-;U,D**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBD=UC0NY"J!DD]J %J&YNH;2(RSR!$'5C7/7?
MC?383+'"6DE7(''!-<C?ZSJ.L%EF9GC_ .>48./Q% %WQ/K3ZA>M##*3:*-N
M >']ZP:0XC^5AM(XP>*NRZ5>P62W4D#"-FV@ 9)]Z *=%'?'0^E!('4T %%
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MTKHM-\$(-LFH2%SWC7I78T4 ,BB2")8XU"HHP *?110 4444 %%%% !1110
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M#V]3^8Z/_A-M7]8?^_='_";:OZP_]^ZYRBCZI0_D0>WJ?S'1_P#";:OZP_\
M?NC_ (3;5_6'_OW7.44?5*'\B#V]3^8Z/_A-M7]8?^_='_";:OZP_P#?NN<H
MH^J4/Y$'MZG\QT?_  FVK^L/_?NC_A-M7]8?^_=<Y11]4H?R(/;U/YCH_P#A
M-M7]8?\ OW1_PFVK^L/_ '[KG**/JE#^1![>I_,='_PFVK^L/_?NC_A-M7]8
M?^_=<Y11]4H?R(/;U/YCHSXUU8@C,/\ W[JAK&NW>NRPO>+%NB01KY:;<@>O
MK6712>"PTM'!?<73Q=>G+FA-IDJV\TJEHH7=0<95216QI.F7=KJ$<L^ER7
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MO:6TL:QR6\3HOW59 0/H* /FK7+*>]_X3K4;"TD;3+B8+;LB81FW*>!TKI_
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MVV#:+:(CKA>[#DUZM4$5E:P/OBMH8W_O)& :GH **** "BBB@ HHHH ****
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MX=\*M$TR;XA>+TDM0XLKA!;!F;]T-S=.?85[C0 4444 %%%% !1110 4444
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MS;$IJG%,R****]@X HHHH **** "BBB@ HI0"2  23P *&5D8JZE6'4$8(H
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MF5=LA5 -P]#[5':>%-"L;X7MMI=M'< DJZQ@%2?3TH V:*** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH :_W&^AKY(\5_\C=J_P#U]-7UN_W&^AKY(\5_\C=J
M_P#U]-7L91\<O0XL;\*,BBBBO=/."BBB@ HHHH **** "BBB@ HHHH ****
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M/0=* /:_#'B2]U^^OQ+90V]I Y6!O.S)(/[Q7' K:GU;3[63RY[VWB?.-KR
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MBL>"X\0-K;Q3V-FNF ?+,LQ,A/\ NXQ6Q0 5%%<P3NZ13([1G#A6R5/O7/\
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MC_A7/B__ * 5S_WS7U311_:]7^5?B'U.'<^5O^%<^+_^@%<_]\T?\*Y\7_\
M0"N?^^:^J:*/[7J_RK\0^IP[GRM_PKGQ?_T KG_OFC_A7/B__H!7/_?-?5-%
M']KU?Y5^(?4X=SY6_P"%<^+_ /H!7/\ WS1_PKGQ?_T KG_OFOJFBC^UZO\
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
(* "BBB@#_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>sidform20f2020_002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 sidform20f2020_002.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" $# @L# 2(  A$! Q$!_\0
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M;C3M3>[A1#;Y!2,NGF'KR -_(/(%96L1^,%;48-.EU=_+$,:S2*G[Y@K;I$
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M444 %%%% !1110 4444 %,4?OGX/0<Y^M/IBC]\YQ_".<_6@!]%%% !1110
M445G;I-5)\N1H[$'&Y#AIOH>R^XY/; Z@$TNI01RF%-\\PZQPKN*_7L/Q(IH
MN+]R=MBB#MYLX!_\=!_G4=U?Z?H<4$3@QB0D1100L[-@9)"J"< <DT?\)!HW
MF^5_:UCYOF>5L-PN[?\ W<9SGVH D,VH)R;*%_\ <N.?U44#5(48)<I):L3@
M><,*3[,,K^M0GQ%HP1G&JV;@%EPDRL25&6  .20.U/L-8TO6K=7LKN"YCDW
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M+F?<E>YN)!AYY6!]7)J*BBF(**** "BBB@ HHHH *4DDDDDD]2:2B@ HHHH
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
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M$9)^F*Z*%"=1WCLCFQ&)A25I;LZ?OBBN.L_B!K<4@&H/'J=O_%'<H-V/]EP
M0:[*.6UO;"#4;!V:TGR '^]&X^\C>X_4<UU3A*'Q'+3JPJ?")1114F@4444
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MC*]Y.WF7#KTW8X4>P']:O$R5.+5[MD82#J332LE?4S/^$2U/_IA_WV?\*/\
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MH5Q., D[@2%4<$CTS6#K6B6^C>'M(U"UN1+>RRMYSQRJP5@%95 !X*YP??\
M"N<$C*VT.RMTQD@_2NZ\"> ;[6-1M[_4;=X-,A<28E!4SD<@ 'MZFNV5Z:YI
M2T_,X(VJOEA'7\CT*[\.:A>W+748A59@LA#-@AB 3QCUS4/_  B6I_\ 3#_O
ML_X5W5%>5[:1[7L8G"_\(EJ?_3#_ +[/^%'_  B6I_\ 3#_OL_X5W5%'MI![
M&)PO_"):G_TP_P"^S_A1_P (EJ?_ $P_[[/^%=U11[:0>QB<+_PB6I_],/\
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M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
M%%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110!_
"_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>sidform20f2020_003.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 sidform20f2020_003.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" %D U8# 2(  A$! Q$!_\0
M'P   04! 0$! 0$           $" P0%!@<("0H+_\0 M1   @$# P($ P4%
M! 0   %] 0(#  01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T? D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0 'P$  P$! 0$!
M 0$! 0        $" P0%!@<("0H+_\0 M1$  @$"! 0#! <%! 0  0)W  $"
M Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O 58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H # ,!  (1 Q$ /P#W^BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MT^';LA/RMN!,C$YW[\\GGYN:?%I%E!:&UBA(A+K)MW'[R[<'.?\ 97\JO44
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M;[$U%( 0,$YI:104444 %&*** "BD.<<5&DA,C1M]Y0#QW!H EHHHH ****
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** ,CQ(0NC,3P!-%G_OXM:]8OBK_D7Y_P#?C/\ X^M;0Z"K
M?P+Y_H91_BR]%^H4445!J%%%% !1110 4444 %%%%  :R% 7Q:Y'5K)<_P#?
M9K6-8RR;O&3IC&VQ'/K\]:4^OH95?L^J_4VJ***S-0HHHH *X)_B[X<CD9##
MJ&58J<0KV_X%7>U\IW/_ !]S_P#71OYFNO"T8U6^;H<6,Q$Z*7)U/;/^%O\
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M+(R.0JJ)U.2>@%9SISNW8TA."25T;E%-#J>C _C3JR-0HHHH **** "BBB@
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M&",\<U>\,:+/H6G2VL]U]H9[F24-@# 9L@< <^OOTKRC_A;_ (C_ .>&G?\
M?IO_ (JC_A;_ (C_ .>&G?\ ?IO_ (JJ>&KM6T)6+PZ:>I[E17D'AWXH:[JO
MB/3]/N(;$0W$ZQN4C8-@^GS5Z_7-5I2INTCKHUHU5>(4445F:A1110 4444
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M >G?"C_CTU3_ *Z1_P C7HE>=_"C_CTU3_KI'_(UZ)0>G0_AH****#4****
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M1_B1,,1_"EZ'C-%%%>N>"%%%% 'L?PI_Y%6?_K\?_P!!6NYKAOA3_P BK/\
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M_P#WHO\ T8M?/U?0/Q/_ .1 O_\ >B_]&+7S]7K8'^&_4\7,?XJ] HHHKM.
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M6_\ 0#7C=>R?&?\ Y NE_P#7RW_H!KQNO5P7\%'D8[^._D%%%%=1QA6M8?\
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MPB_Y!VJ_]=H__037/BOX;.K!_P 9'HU%%%>6>T%%%% PHHHH **** "BBB@
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MBB@ HHHH **** "BBB@ HHHH **** ./^)__ "(%_P#[T7_HQ:^?J^@?B?\
M\B!?_P"]%_Z,6OGZO6P/\-^IXN8_Q5Z!1117:< 5ZM\(O^0=JO\ UVC_ /03
M7E->K?"+_D':K_UVC_\ 037/BOX;.K!_QD>C4445Y9[04444#"BBB@ HHHH
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M4[Q7%L8ML=Q=,7;(XBP,_GC'XUL !0   !T H 7 ]*,#THHH ,#THP/2BB@
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH YWQ9H4FLV*-;X^TP$E03C<#
MU%<O;:[XDTJ!+,VKL(AM420,2!Z9'6O2L45TT\1RPY)14D<=;!\\_:0DXOK8
M\^'BWQ'_ - X'_MW>ID\3^)W7<ND@C_K@_\ C7=T53Q%/_GVOQ(6$J_\_7^!
MPT/B3Q1.VV/1P3[PN/YFK!UKQ:O_ #!8_P %)_\ 9J[&BI=>'2FOQ+6%J=:K
M_#_(XLZ_XK'71%_[]M_C2#Q!XK(R-$7_ +]M_C7:T4O;P_Y]K\?\P^K5/^?K
M_#_(XMM>\5JNXZ(H'M&Q_K59O%_B"-MLFE+GT\I_\:[VBFJ]/K37XB>%J]*K
M_ \^_P"$UUMCA=-CS_US<TA\7>(F'&G@?2!Z]"HJOK%)?\NU^)/U2L_^7S^Y
M'GP\4^)R"/[.R3T/V9^*O^%]!O%U"36-4!6=\E$;KD]2?3Z5V5%*6)3BXPBH
MW*A@VI*52;E;:X@I:**Y3M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
%BB@#_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>sidform20f2020_004.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 sidform20f2020_004.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" &7 T0# 2(  A$! Q$!_\0
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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M_/K3?F2-C\TA&2!QD^PZ#VH <205 4G)P2,<<=3_ )[UAW((\=Z62Q.=-O2
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MW<S,RK@87@8/7K6_0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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M-V,G!X]^,\>V>U8MSN_X3O2\@ ?V;>[<'.1YEKU].];A)!4!2<G!(QQQU/\
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M(84444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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M"KD]SSVS6/XNUK3[RZ/A>74K6R255:_GGG6/9$>=B[CRS=/8<^E)XXU32HM
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MO),)GFB2"-2NWR(ER2 >=Q+')Z=O3FO<LK>.]+ 8$KIMZ& /0^9:GG\Q6TY
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M _9+?O6[6#X=(.I^(RLGF ZC'A^/F_T.VYXX_*A;,.IO4444AA1110 4444
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M%%% !1110 4444 %%%% !1110 4444 %%%% !1110!A^,_\ D1?$'_8-N?\
MT4U?'U?8/C/_ )$7Q!_V#;G_ -%-7Q]730V9A5W04445L9!1110!N>#/^1Z\
M/_\ 82MO_1JU]@U\?>#/^1Z\/_\ 82MO_1JU]@USU]T;TMF%8>N_\ACPS_V$
MG_\ 22XK<K#UW_D,>&?^PD__ *27%8K<T9M@DE@5(P< G'/'4?Y[4WYDC4?-
M(1@$\9/N>@]Z< 06)8G)R <<<=!_GO3?F>-3\T9."1QD>QZCVH&.P=Y.XX(
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M;E%%%(84444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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M;=5N5AVO_(]:M_V#;+_T;=4T)FSLV1JD05 N !MX '8#Z4[:H<N%&X@ G')
MZ?S/YTQ@/*43 .<KG"$C=D8..<<\^U/^;>22-N!@8YSWY_*@!NS?&R2A7#9!
M&W@@]B/I3CNRN" ,_-D9R,=O3M3% \IA" ARV,H0-V3DXXSSS[TK[-T>Y<G=
M\IVYP<'GVXSS[X[T ."JI8A0"QRQ ZG&.?R%8>@;AJOB4.06_M),D# )^R6_
M:MP;LMD@C/RX&,#'?U[UA>'=@U/Q'Y:[4_M&/:NW;@?8[; QV^E'1AU-ZBBB
MD,**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ K"U]5?5_# 90P_M
M-C@C/(M+@BMVL+7]QU?PQM(!_M-NHSQ]DN,TUN)[&Y\V\$$;<'(QSGMS^=-V
M;8V6(*A.2/EXR><D=^:#L\U<K\^TX;;T'&1GMVX]O:D<#R7$P#KAMP"$Y7TQ
MSGC\Z 'E58J2H)4Y4D=#C''YFCYMY)(VX&!CG/?G\J#NRN" ,_-D9R,=O3M3
M1L\UL+\^T9;;U'.!GOWX]_>@8;-D:I$%0+@ ;> !V ^E8UU_R/6D_P#8-O?_
M $;:UL,!Y2B8!SE<X0D;LC!QSCGGVK'NO^1ZTG_L&WO_ *-M:$(W****0PHH
MHH **** "BBB@ HHHH **** /!O$'QL\2:5XDU33H++2FAM+R6"-GBD+%4<J
M"<2 9P/2L[_A??BG_GPT;_OS+_\ '*XCQG_R/7B#_L)7/_HUJPZ[%3C;8YG.
M5]SU/_A??BG_ )\-&_[\R_\ QRC_ (7WXI_Y\-&_[\R__'*\LHH]G'L'/+N>
MI_\ "^_%/_/AHW_?F7_XY1_POOQ3_P ^&C?]^9?_ (Y7EE%'LX]@YY=S[,\/
MW\NJ^&]+U&=46:[LXIY%0$*&= Q R2<9/K6C6'X,_P"1%\/_ /8-MO\ T4M;
ME<CW.A;&'XS_ .1%\0?]@VY_]%-7Q]7V#XS_ .1%\0?]@VY_]%-7Q]710V9C
M5W04445L9!1110!N>#/^1Z\/_P#82MO_ $:M?8-?'W@S_D>O#_\ V$K;_P!&
MK7V#7/7W1O2V85Y9\>_^1%LO^PE'_P"BI:]3KRSX]_\ (BV7_82C_P#14M9T
M_B1<_A9\ZT445V'*%%%% !7J?P$_Y'J]_P"P;)_Z-BKRRO4_@)_R/5[_ -@V
M3_T;%45/A9</B1]%4445QG2%%%% !1110 4444 %%%% !1110 4444 %%%%
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M.@!Q95*@L 6.%!/4XSQ^1H^;>00-N!@YYSWX_*EI@(\UAYF3M&4XXZ\^O/\
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M44 %%%% !1110 4444 %86O@MJ_A@!BO_$S8Y&/^?2XXK=K"U]@NK^&"<_\
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M?\CUX?\ ^PE;?^C5K[!KX^\&?\CUX?\ ^PE;?^C5K[!KGK[HWI;,*\L^/?\
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M3R<!NE17]_-JO@K2K^>W-O+<7NG2-$?X2;N'UH6XGL=71112&%%%% !1110
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MY*2Q.593YC=".15>'Q1JPUFRU2]NI=3GLWWPK?RO,H(Y'5L]<'KV%/\ &?\
MR/7B#_L)7/\ Z-:L.NY)6.5O4UH_$^O0SW4T&M7\#W4AEG,-PT8D<]20I )J
M*RU_6=-:9K'5K^U:=MTI@N70R'U;!Y/)Z^M9U%%D*[+5_J5_JMP+C4;VYO)@
MH427$K2,!Z98DXY-1W-Y=7KH]U<S3LB"-6E<L54=%&>@'85#13 ^P?!G_(B^
M'_\ L&VW_HI:W*P_!G_(B^'_ /L&VW_HI:W*X7N=2V,/QG_R(OB#_L&W/_HI
MJ^/J^P?&?_(B^(/^P;<_^BFKX^KHH;,QJ[H****V,@HHHH W/!G_ "/7A_\
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M#NRN" ,_-D9R,=O3M31L\UL+\^T9;;U'.!GOWX]_>@8;-D:I$%0+@ ;> !V
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MMJ*,Y&]F(&/KZ5LU!;HR7,^H?\+>\=?]!S_R4@_^(H_X6]XZ_P"@Y_Y*0?\
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M_.F[B\;>6=K<@%E/!Z=.,C^= QQ!)4AB,') QSQT/^>U&3O(VG  .[C!]O\
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MU'_\17K%%/VDNX<D>QY/_P *"\._]!35/^^H_P#XBC_A07AW_H*:I_WU'_\
M$5ZQ11[27<.2/8YOPCX/M_!>DRZ=IUU++#+.9RUP S;BJKCY<#&%':M_;/\
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MRM1N3-&,D'<!Q\W&,^A-=%MG_P">D?\ W[/^-2T4F[C2L1;9_P#GI'_W[/\
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M^S_C4M%04<5>_#Z>]OKBZ_X3+Q/!YTK2>5!?%8X\G.U1CA1G 'I4'_"M9_\
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HKG/'>OW7A?P9J&L64<,EQ;^7L6924.Z
M15.0"#T8]Z\8_P"%]^*?^?#1O^_,O_QRKC3<E=$RFEN?15%<P?$5V_@K1]25
M(1?ZI':JHP?+228+SC.<#).,]NM27D^HZ%=Z=)-J,E[;75REK*DT2*49\A60
MHHXS@8.>#UJ"CHZ*X^Y\0:A>:-XF5K*>T-FDRQ3JR H1&& )#D[LG.0,8QSF
MM33O$,,OV>VN8+JV=[;SHY;E0!*J@;B.21C(/S 'F@#<HK'M/$5O=W%K']EN
MH8[P$VLTJJ$FP-W&&)'&2-P&14FDZW'K.Y[>SND@4LOGRA0I96VE1\V3]<8]
M\\4 :E%<9K6MR6NNZG!+KW]G1V]I'+;Q[8CYCG=D892S=!P#WK:CUFYBTJSG
MGTRZFN'MEFG6W5=L?&3RS 'G/ )/M0!LT5BOXFM3)8QVUM=7;WUN;B 0HO*C
M'4L0%^]WP/QQ5"_UZ*Z@T*_MYY;>WDORDX<[" J2;E<9QP5^G&: .IHK%_X2
M2 P6LD=E>R/=NRVT015>55&2XW, %QR,D'VK7AE$T$<H1TWJ&VNNUAGL1V-
M#Z**Y30[CQ5K.@Z?J9U+2(/MEO'/Y1TR1MFY0<9^T<]>O'T'2FD*YU=%8FCW
M^HS+K$&H2VTL]A<^2LMO"T2L#!%("59VYS(1U[5S^@>(+N[ET(+K0U">\5C>
M6I$7[D!"=PV*"N#@8;.<TF,[NBL.3Q3:1^9+]GNFL8YO)DO@J^4K9VG/S;L
M\9"X]Z2[\4VUK<7\7V*^E73R/M,L<:[(U*AMV2PR,'H,G@\4 ;M%95UKT%O=
M);0VUS>2F'SV6V53LC[,<D=>< 9)QTK'T#Q"8] TN.2*]O[R>&28B/#/L5\%
MB689Z@8&3[4 =;12*=RAAD C/(P:6@ HHHH **** "BBB@ HHHH **** "BB
MB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
I44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 ?_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>logo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 logo.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  W '<# 2(  A$! Q$!_\0
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MW>",W'8ZG%2W/8E\+2,2%\5:\2.H%S']/^>?L?U]!A?^$3F_Z&CQ!_X$1_\
MQOZ_G],>*Z_\+/$_@[33KMCJ*W#6_P T@LS*LL8YP5&?F )&>G3/3[O?>%/'
MVK7?PVUJ^U"VF.K:/ [&2:'8)AM8HY7C^Z=W0<=N0*]K/O\ E_D+DB=6WA:1
M!E_%6O*/4W,8]S_RS]C_ ) PO_")S?\ 0T>(/_ B/_XW]?S^F/ ?#^G3_$G6
MKDZ]XM2TF3+@3R;F<DOD1KN"@#'(&.!P!CY>G\.>'_B!X&\9106MO=WNCB=5
MG$+9AE1CRP#-P0#U ZC'(Z'M9]_R_P @Y(GJ_P#PB<W_ $-'B#_P(C_^-_7\
M_I@_X1.;_H:/$'_@1'_\;^OY_3'@7Q6OKF'XF:P(KJ2-5\LC;,5VGR1T^?\
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MO;3\ON7^0N1?U<YT^'-;.<>,M2&<_P#+M;^__3/W'Y?3 ?#FMG./&6I#.?\
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;)NWFMXH,&+;LV/*W!))/$@7M]STP%*** /_9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.INS
<SEQUENCE>14
<FILENAME>sid-20201231.xml
<DESCRIPTION>XBRL INSTANCE FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" ?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.7a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Source; Value: sid%2D20201231.xfr; Date: 2021%2D04%2D13T00:43:13Z -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x80240023 -->
<xbrli:xbrl xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:dei="http://xbrl.sec.gov/dei/2020-01-31" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:utr="http://www.xbrl.org/2009/utr" xmlns:ifrs-full="http://xbrl.ifrs.org/taxonomy/2020-03-16/ifrs-full" xmlns:country="http://xbrl.sec.gov/country/2020-01-31" xmlns:currency="http://xbrl.sec.gov/currency/2020-01-31" xmlns:srt="http://fasb.org/srt/2020-01-31" xmlns:sid="http://csn.com.br/20201231">
    <link:schemaRef xlink:href="sid-20201231.xsd" xlink:type="simple" />
    <xbrli:context id="AsOf2020-12-31_ifrs-full_MiningPropertyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MiningPropertyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CementMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">sid:CementMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_EventsAfterReportingPeriodMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:NonadjustingEventsAfterReportingPeriodAxis">sid:EventsAfterReportingPeriodMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_BrazilianReaisMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:BrazilianReaisMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_BrazilianReaisMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:BrazilianReaisMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_currency_EUR">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:EUR</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_BrazilianReaisMember_custom_BrazilianCentralBankMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:BrazilianReaisMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:BrazilianCentralBankMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_BrazilianReaisMember_custom_BrazilianCentralBankMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:BrazilianReaisMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:BrazilianCentralBankMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-03-01to2020-03-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-03-01</xbrli:startDate>
        <xbrli:endDate>2020-03-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_country_BR">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">country:BR</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_AbroadMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:AbroadMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_country_BR">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">country:BR</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_AbroadMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:AbroadMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_InvestmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:InvestmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_UsiminasSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:UsiminasSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_BondMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:BondMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_InvestmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:InvestmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_UsiminasSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:UsiminasSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_BondMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:BondMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ThirdPartiesMember_ifrs-full_CountryOfDomicileMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:ThirdPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">ifrs-full:CountryOfDomicileMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ThirdPartiesMember_ifrs-full_ForeignCountriesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:ThirdPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">ifrs-full:ForeignCountriesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ThirdPartiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:ThirdPartiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_RelatedPartieMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:RelatedPartieMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ThirdPartiesMember_ifrs-full_CountryOfDomicileMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:ThirdPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">ifrs-full:CountryOfDomicileMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ThirdPartiesMember_ifrs-full_ForeignCountriesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:ThirdPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">ifrs-full:ForeignCountriesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ThirdPartiesMember1071185997">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:ThirdPartiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_RelatedPartieMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:RelatedPartieMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ThirdPartiesMember_ifrs-full_CurrentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:ThirdPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:PastDueStatusAxis">ifrs-full:CurrentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ThirdPartiesMember_custom_NotLaterThanOneMonthsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:ThirdPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:PastDueStatusAxis">sid:NotLaterThanOneMonthsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ThirdPartiesMember_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:ThirdPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:PastDueStatusAxis">ifrs-full:LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ThirdPartiesMember_ifrs-full_LaterThanThreeMonthsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:ThirdPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:PastDueStatusAxis">ifrs-full:LaterThanThreeMonthsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ThirdPartiesMember_ifrs-full_CurrentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:ThirdPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:PastDueStatusAxis">ifrs-full:CurrentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ThirdPartiesMember_custom_NotLaterThanOneMonthsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:ThirdPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:PastDueStatusAxis">sid:NotLaterThanOneMonthsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ThirdPartiesMember_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:ThirdPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:PastDueStatusAxis">ifrs-full:LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ThirdPartiesMember_ifrs-full_LaterThanThreeMonthsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:ThirdPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:PastDueStatusAxis">ifrs-full:LaterThanThreeMonthsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_FinishedGoodsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:FinishedGoodsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_WorkInProgressMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:WorkInProgressMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_RawMaterialsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:RawMaterialsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_SparePartsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:SparePartsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_AdvancesToSuppliersMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:AdvancesToSuppliersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_FinishedGoodsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:FinishedGoodsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_WorkInProgressMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:WorkInProgressMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_RawMaterialsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:RawMaterialsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_SparePartsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:SparePartsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_AdvancesToSuppliersMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:AdvancesToSuppliersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_StateValueAddedTaxMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:StateValueAddedTaxMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_BrazilianFederalContributionsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:BrazilianFederalContributionsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OtherTaxesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:OtherTaxesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_StateValueAddedTaxMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:StateValueAddedTaxMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_BrazilianFederalContributionsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:BrazilianFederalContributionsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_OtherTaxesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:OtherTaxesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_JudicialDepositsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:JudicialDepositsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_CreditsWithThePGFNMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:CreditsWithThePGFNMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_PrepaidExpensesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:PrepaidExpensesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_PrepaidExpensesWithSeaFreightMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:PrepaidExpensesWithSeaFreightMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ActuarialAssetRelatedPartyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:ActuarialAssetRelatedPartyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_DerivativeFinancialInstrumentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:DerivativeFinancialInstrumentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_SecuritiesHeldForTradingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:SecuritiesHeldForTradingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_LoansWithRelatedPartiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:LoansWithRelatedPartiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_OtherReceivablesFromRelatedPartiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:OtherReceivablesFromRelatedPartiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_OtherReceivablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:OtherReceivablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_DividendsReceivableMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:DividendsReceivableMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_DebitOfEmployeesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:DebitOfEmployeesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_OtherMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:OtherMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_JudicialDepositsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:JudicialDepositsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_PrepaidExpensesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:PrepaidExpensesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_PrepaidExpensesWithSeaFreightMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:PrepaidExpensesWithSeaFreightMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ActuarialAssetRelatedPartyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:ActuarialAssetRelatedPartyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_SecuritiesHeldForTradingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:SecuritiesHeldForTradingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LoansWithRelatedPartiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:LoansWithRelatedPartiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OtherReceivablesFromRelatedPartiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:OtherReceivablesFromRelatedPartiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OtherReceivablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:OtherReceivablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_DividendsReceivableMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:DividendsReceivableMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_DebitOfEmployeesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:DebitOfEmployeesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ReceivablesByIndemnityMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:ReceivablesByIndemnityMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OtherMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:OtherMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">sid:MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_LandMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_LandMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_LandMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_BuildingsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_BuildingsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_MachineryMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_MachineryMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_MachineryMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_FixturesAndFittingsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_FixturesAndFittingsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_FixturesAndFittingsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_ConstructionInProgressMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_ConstructionInProgressMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_ConstructionInProgressMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_LandMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_LandMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_BuildingsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_MachineryMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_MachineryMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_BuildingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_MachineryMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_MachineryMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_LandMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LandMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_BuildingsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_MachineryMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_MachineryMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_FixturesAndFittingsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_FixturesAndFittingsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_ConstructionInProgressMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_ConstructionInProgressMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_LandMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LandMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_BuildingsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_MachineryMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_MachineryMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_BuildingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_MachineryMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_MachineryMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_GoodwillMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GoodwillMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:CustomerrelatedIntangibleAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:CustomerrelatedIntangibleAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:TechnologybasedIntangibleAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:TechnologybasedIntangibleAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_BrandNamesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_BrandNamesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_LicencesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:LicencesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_LicencesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:LicencesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_OtherIntangibleAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:OtherIntangibleAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OtherIntangibleAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:OtherIntangibleAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_GoodwillMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GoodwillMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_GoodwillMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GoodwillMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_GoodwillMember_custom_AdjustmentForAccumulatedRecoverableValueMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">sid:AdjustmentForAccumulatedRecoverableValueMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GoodwillMember_custom_AdjustmentForAccumulatedRecoverableValueMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">sid:AdjustmentForAccumulatedRecoverableValueMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:CustomerrelatedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:CustomerrelatedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:CustomerrelatedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:CustomerrelatedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:TechnologybasedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:TechnologybasedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:TechnologybasedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:TechnologybasedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_BrandNamesMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_BrandNamesMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_LicencesMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:LicencesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_LicencesMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:LicencesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_LicencesMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:LicencesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_LicencesMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:LicencesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_OtherIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:OtherIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OtherIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:OtherIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_AdjustmentForAccumulatedRecoverableValueMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">sid:AdjustmentForAccumulatedRecoverableValueMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_AdjustmentForAccumulatedRecoverableValueMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">sid:AdjustmentForAccumulatedRecoverableValueMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GoodwillMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:CustomerrelatedIntangibleAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:CustomerrelatedIntangibleAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:TechnologybasedIntangibleAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:TechnologybasedIntangibleAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_BrandNamesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_BrandNamesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_LicencesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:LicencesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LicencesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:LicencesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_OtherIntangibleAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:OtherIntangibleAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_OtherIntangibleAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:OtherIntangibleAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_GoodwillMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GoodwillMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:CustomerrelatedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:CustomerrelatedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:TechnologybasedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:TechnologybasedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_BrandNamesMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_BrandNamesMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_LicencesMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:LicencesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LicencesMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:LicencesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_OtherIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:OtherIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_OtherIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:OtherIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_GoodwillMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GoodwillMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:CustomerrelatedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:CustomerrelatedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:TechnologybasedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:TechnologybasedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_LicencesMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:LicencesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LicencesMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:LicencesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_GoodwillMember_custom_AdjustmentForAccumulatedRecoverableValueMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">sid:AdjustmentForAccumulatedRecoverableValueMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GoodwillMember_custom_AdjustmentForAccumulatedRecoverableValueMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">sid:AdjustmentForAccumulatedRecoverableValueMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_AdjustmentForAccumulatedRecoverableValueMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">sid:AdjustmentForAccumulatedRecoverableValueMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_AdjustmentForAccumulatedRecoverableValueMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">sid:AdjustmentForAccumulatedRecoverableValueMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GoodwillMember_custom_PackagingMember_custom_SteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">sid:PackagingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GoodwillMember_custom_PackagingMember_custom_SteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">sid:PackagingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GoodwillMember_custom_LongStelMember_custom_SteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">sid:LongStelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GoodwillMember_custom_LongStelMember_custom_SteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">sid:LongStelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GoodwillMember_custom_MiningMember_custom_MinningMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">sid:MiningMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MinningMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GoodwillMember_custom_MiningMember_custom_MinningMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">sid:MiningMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MinningMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GoodwillMember_custom_OtherSteelMember_custom_SteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">sid:OtherSteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GoodwillMember_custom_OtherSteelMember_custom_SteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">sid:OtherSteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_BrandNamesMember_custom_LongStelMember_custom_SteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">sid:LongStelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_BrandNamesMember_custom_LongStelMember_custom_SteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">sid:LongStelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_PackagingMember_custom_SteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">sid:PackagingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_PackagingMember_custom_SteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">sid:PackagingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_LongStelMember_custom_SteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">sid:LongStelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LongStelMember_custom_SteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">sid:LongStelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MiningMember_custom_MinningMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">sid:MiningMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MinningMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MiningMember_custom_MinningMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">sid:MiningMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MinningMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_OtherSteelMember_custom_SteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">sid:OtherSteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OtherSteelMember_custom_SteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsAxis">sid:OtherSteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PackagingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis">sid:PackagingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MiningMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis">sid:MiningMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_OtherSteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis">sid:OtherSteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_FlatSteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis">sid:FlatSteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_LogisticMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis">sid:LogisticMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MiningMember_ifrs-full_TopOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis">sid:MiningMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:TopOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MiningMember_ifrs-full_BottomOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis">sid:MiningMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OtherSteelMember_ifrs-full_TopOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis">sid:OtherSteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:TopOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OtherSteelMember_ifrs-full_BottomOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis">sid:OtherSteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_FlatSteelMember_ifrs-full_TopOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis">sid:FlatSteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:TopOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_FlatSteelMember_ifrs-full_BottomOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis">sid:FlatSteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LogisticMember_ifrs-full_TopOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis">sid:LogisticMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:TopOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LogisticMember_ifrs-full_BottomOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis">sid:LogisticMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-11-28to2019-11-29_custom_CKTRBrasilServicosLtdaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CKTRBrasilServicosLtdaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-11-28</xbrli:startDate>
        <xbrli:endDate>2019-11-29</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2011-01-01to2011-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2011-01-01</xbrli:startDate>
        <xbrli:endDate>2011-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-11-28to2019-11-29">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-11-28</xbrli:startDate>
        <xbrli:endDate>2019-11-29</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_VariableInterestMember_custom_PrepaymentMember_custom_ForeignCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">sid:VariableInterestMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">sid:PrepaymentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_VariableInterestMember_custom_PrepaymentMember_custom_ForeignCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">sid:VariableInterestMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">sid:PrepaymentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_FixedInterestMember_custom_BondsPerpetualBondsAndACCMember_custom_ForeignCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">sid:FixedInterestMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">sid:BondsPerpetualBondsAndACCMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_FixedInterestMember_custom_BondsPerpetualBondsAndACCMember_custom_ForeignCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">sid:FixedInterestMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">sid:BondsPerpetualBondsAndACCMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_FixedInterestMember_custom_FacilityMember_custom_ForeignCurrencyMember_currency_EUR">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">sid:FixedInterestMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">sid:FacilityMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:EUR</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_FixedInterestMember_custom_FacilityMember_custom_ForeignCurrencyMember_currency_EUR">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">sid:FixedInterestMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">sid:FacilityMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:EUR</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ForeignCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ForeignCurrencyMember1153342520">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_VariableInterestMember_custom_BNDESFINAMEDebenturesNCEAndCCBMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">sid:VariableInterestMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">sid:BNDESFINAMEDebenturesNCEAndCCBMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_VariableInterestMember_custom_BNDESFINAMEDebenturesNCEAndCCBMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">sid:VariableInterestMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">sid:BNDESFINAMEDebenturesNCEAndCCBMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_FixedInterestMember_custom_IntercompanyMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">sid:FixedInterestMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">sid:IntercompanyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_currency_USD">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LaterThanFiveYearsAndNotLaterThanSixYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:LaterThanFiveYearsAndNotLaterThanSixYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LaterThanSixYearsAndNotLaterThanSevenYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:LaterThanSixYearsAndNotLaterThanSevenYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_AfterSixYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:AfterSixYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_PerpetualBondsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:PerpetualBondsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PrepaymentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">sid:PrepaymentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_BondsPerpetualBondsACCAndFacilityMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">sid:BondsPerpetualBondsACCAndFacilityMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_BNDESFINAMEDebenturesNCEAndCCBMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:BorrowingsByNameAxis">sid:BNDESFINAMEDebenturesNCEAndCCBMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_DerivativesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:DerivativesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_DerivativesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:DerivativesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LeasesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:LeasesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_LeasesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:LeasesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TradePayablesDraweeRiskMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:TradePayablesDraweeRiskMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_TradePayablesDraweeRiskMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:TradePayablesDraweeRiskMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TradePayablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:TradePayablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_TradePayablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:TradePayablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_BorrowingsAndFinancingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:BorrowingsAndFinancingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_BorrowingsAndFinancingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:BorrowingsAndFinancingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CashAndCashEquivalantMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:CashAndCashEquivalantMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_CashAndCashEquivalantMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:CashAndCashEquivalantMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ShortTermInvestmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:ShortTermInvestmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ShortTermInvestmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:ShortTermInvestmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_TradeReceivablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:TradeReceivablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_TradeReceivablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:TradeReceivablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_DividendsAndInterestOnEquityMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:DividendsAndInterestOnEquityMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_DividendsAndInterestOnEquityMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:DividendsAndInterestOnEquityMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_TradingEquitySecuritiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:TradingEquitySecuritiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_TradingEquitySecuritiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:TradingEquitySecuritiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_InvestmentPropertyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:InvestmentPropertyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_InvestmentPropertyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:InvestmentPropertyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OtherTradeReceivablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:OtherTradeReceivablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_OtherTradeReceivablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:OtherTradeReceivablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CompulsoryLoanEletrobrasMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:CompulsoryLoanEletrobrasMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_CompulsoryLoanEletrobrasMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:CompulsoryLoanEletrobrasMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ReceivablesByIndemnityMember951292708">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:ReceivablesByIndemnityMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ReceivablesByIndemnityMember951292708">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:ReceivablesByIndemnityMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_RelatedPartiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:RelatedPartiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_RelatedPartiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:RelatedPartiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_FinancialInvestmentesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:FinancialInvestmentesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_FinancialInvestmentesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:FinancialInvestmentesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_TradingEquitySecuritiesMember_ifrs-full_Level1OfFairValueHierarchyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:TradingEquitySecuritiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">ifrs-full:Level1OfFairValueHierarchyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_TradingEquitySecuritiesMember_ifrs-full_Level1OfFairValueHierarchyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:TradingEquitySecuritiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">ifrs-full:Level1OfFairValueHierarchyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_InvestmentPropertyMember_ifrs-full_Level1OfFairValueHierarchyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:InvestmentPropertyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">ifrs-full:Level1OfFairValueHierarchyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_DerivativesMember_ifrs-full_Level2OfFairValueHierarchyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:DerivativesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">ifrs-full:Level2OfFairValueHierarchyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_InvestmentPropertyMember_ifrs-full_Level1OfFairValueHierarchyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:InvestmentPropertyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">ifrs-full:Level1OfFairValueHierarchyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_DerivativesMember_ifrs-full_Level2OfFairValueHierarchyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:DerivativesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">ifrs-full:Level2OfFairValueHierarchyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_Level1OfFairValueHierarchyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">ifrs-full:Level1OfFairValueHierarchyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_Level1OfFairValueHierarchyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">ifrs-full:Level1OfFairValueHierarchyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_Level2OfFairValueHierarchyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">ifrs-full:Level2OfFairValueHierarchyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_FinancialInvestmentes1Member_ifrs-full_Level1OfFairValueHierarchyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:FinancialInvestmentes1Member</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">ifrs-full:Level1OfFairValueHierarchyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_FinancialInvestmentes1Member_ifrs-full_Level1OfFairValueHierarchyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:FinancialInvestmentes1Member</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:LevelsOfFairValueHierarchyAxis">ifrs-full:Level1OfFairValueHierarchyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OrdinarySharesOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:OrdinarySharesOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_OrdinarySharesOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:OrdinarySharesOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_OrdinarySharesOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:OrdinarySharesOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_OrdinarySharesOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:OrdinarySharesOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_PreferenceSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:PreferenceSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_PreferenceSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:PreferenceSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_PreferenceSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:PreferenceSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_PreferenceSharesMember299031686">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:PreferenceSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_PreferenceSharesoneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:PreferenceSharesoneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PreferenceSharesoneMember298599922">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:PreferenceSharesoneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_PreferenceSharesoneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:PreferenceSharesoneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_PreferenceSharesoneMember299340630">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:PreferenceSharesoneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TotalSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:TotalSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_TotalSharesMember298775595">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:TotalSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_TotalSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:TotalSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_TotalSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:TotalSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:USMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:EURMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_custom_CashAndCashEquivalentsOverseasMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:USMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:CashAndCashEquivalentsOverseasMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_custom_CashAndCashEquivalentsOverseasMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:EURMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:CashAndCashEquivalentsOverseasMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_ifrs-full_TradeReceivablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:USMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:TradeReceivablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_ifrs-full_TradeReceivablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:EURMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:TradeReceivablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_ifrs-full_OtherAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:EURMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:OtherAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_ifrs-full_OtherAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:USMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:OtherAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_ifrs-full_ClassesOfAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:USMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:ClassesOfAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_ifrs-full_ClassesOfAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:EURMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:ClassesOfAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_custom_BorrowingsAndFinancingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:USMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:BorrowingsAndFinancingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_custom_BorrowingsAndFinancingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:EURMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:BorrowingsAndFinancingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_custom_TradePayablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:USMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:TradePayablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_custom_TradePayablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:EURMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:TradePayablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_custom_OtherLiabilities1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:EURMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:OtherLiabilities1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_custom_OtherLiabilities1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:USMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:OtherLiabilities1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_ifrs-full_LiabilitiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:USMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">ifrs-full:LiabilitiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_ifrs-full_LiabilitiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:EURMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">ifrs-full:LiabilitiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_ifrs-full_CashFlowHedgesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:USMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_ifrs-full_CashFlowHedgesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:EURMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_ifrs-full_CurrencySwapContractMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:USMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CurrencySwapContractMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_ifrs-full_CurrencySwapContractMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:EURMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CurrencySwapContractMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_custom_FinancialInvestmentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:USMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:FinancialInvestmentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_custom_FinancialInvestmentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:EURMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:FinancialInvestmentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_custom_IronOreDerivativeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:USMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:IronOreDerivativeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_custom_IronOreDerivativeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:EURMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:IronOreDerivativeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_USMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:USMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_EURMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:EURMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_country_US_custom_ProbableScenarioMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ProbableScenarioMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_country_US_custom_ScenarioIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_country_US_custom_ScenarioIIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_custom_ProbableScenarioMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:EURMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ProbableScenarioMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_custom_ScenarioIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:EURMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_custom_ScenarioIIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:EURMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USDXEURMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:USDXEURMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USDXEURMember_custom_ProbableScenarioMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:USDXEURMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ProbableScenarioMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USDXEURMember_custom_ScenarioIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:USDXEURMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USDXEURMember_custom_ScenarioIIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">sid:USDXEURMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ExchangeRateSwapDollarEuroMember_ifrs-full_CurrencyRiskMember_custom_ProbableScenarioMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateSwapDollarEuroMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ProbableScenarioMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_NetExchangePositionOneMember_ifrs-full_CurrencyRiskMember_custom_ProbableScenarioMember_currency_EUR">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:NetExchangePositionOneMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ProbableScenarioMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:EUR</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_NetExchangePositionMember_ifrs-full_CurrencyRiskMember_custom_ProbableScenarioMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:NetExchangePositionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ProbableScenarioMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ExchangeRateAwapCDIDollarMember_ifrs-full_CurrencyRiskMember_custom_ProbableScenarioMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateAwapCDIDollarMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ProbableScenarioMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_GrossExchangePositionMember_ifrs-full_CurrencyRiskMember_custom_ProbableScenarioMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:GrossExchangePositionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ProbableScenarioMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CashFlowHedgesMember_ifrs-full_CurrencyRiskMember_custom_ProbableScenarioMember_country_US1634016217">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ProbableScenarioMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CashFlowHedgesMember_ifrs-full_CurrencyRiskMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CashFlowHedgesMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CashFlowHedgesMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIIMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_GrossExchangePositionMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:GrossExchangePositionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_GrossExchangePositionMember_ifrs-full_CurrencyRiskMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:GrossExchangePositionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_GrossExchangePositionMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:GrossExchangePositionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_GrossExchangePositionMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIIMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:GrossExchangePositionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateAwapCDIDollarMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateAwapCDIDollarMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ExchangeRateAwapCDIDollarMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateAwapCDIDollarMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ExchangeRateAwapCDIDollarMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIIMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateAwapCDIDollarMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_NetExchangePositionMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:NetExchangePositionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_NetExchangePositionMember_ifrs-full_CurrencyRiskMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:NetExchangePositionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_NetExchangePositionMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:NetExchangePositionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_NetExchangePositionMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIIMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:NetExchangePositionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_NetExchangePositionOneMember_currency_EUR">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:NetExchangePositionOneMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:EUR</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_NetExchangePositionOneMember_ifrs-full_CurrencyRiskMember_currency_EUR">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:NetExchangePositionOneMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:EUR</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_NetExchangePositionOneMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIMember_currency_EUR">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:NetExchangePositionOneMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:EUR</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_NetExchangePositionOneMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIIMember_currency_EUR">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:NetExchangePositionOneMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:EUR</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateSwapDollarEuroMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ExchangeRateSwapDollarEuroMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateSwapDollarEuroMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ExchangeRateSwapDollarEuroMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIIMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateSwapDollarEuroMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ProbableScenarioMember_custom_OrdinarySharesOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ProbableScenarioMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:OrdinarySharesOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ScenarioIIThreeMember_custom_OrdinarySharesOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIThreeMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:OrdinarySharesOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ScenarioIITwoMember_custom_OrdinarySharesOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIITwoMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:OrdinarySharesOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ProbableScenarioMember_ifrs-full_PreferenceSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ProbableScenarioMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:PreferenceSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ScenarioIIThreeMember_ifrs-full_PreferenceSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIThreeMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:PreferenceSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ScenarioIITwoMember_ifrs-full_PreferenceSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIITwoMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">ifrs-full:PreferenceSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ProbableScenarioMember_custom_PreferenceSharesoneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ProbableScenarioMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:PreferenceSharesoneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ScenarioIIThreeMember_custom_PreferenceSharesoneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIThreeMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:PreferenceSharesoneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ScenarioIITwoMember_custom_PreferenceSharesoneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIITwoMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:PreferenceSharesoneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_CDIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:VariableInterestRateAxis">sid:CDIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_CDIMember_custom_ScenarioIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:VariableInterestRateAxis">sid:CDIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_CDIMember_custom_ScenarioIIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:VariableInterestRateAxis">sid:CDIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_TJLPMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:VariableInterestRateAxis">sid:TJLPMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_TJLPMember_custom_ScenarioIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:VariableInterestRateAxis">sid:TJLPMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_TJLPMember_custom_ScenarioIIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:VariableInterestRateAxis">sid:TJLPMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_LondonInterbankOfferedRateLIBOROneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:VariableInterestRateAxis">sid:LondonInterbankOfferedRateLIBOROneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_LondonInterbankOfferedRateLIBOROneMember_custom_ScenarioIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:VariableInterestRateAxis">sid:LondonInterbankOfferedRateLIBOROneMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_LondonInterbankOfferedRateLIBOROneMember_custom_ScenarioIIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:VariableInterestRateAxis">sid:LondonInterbankOfferedRateLIBOROneMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_TJLPMember_custom_ProbableScenarioMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:VariableInterestRateAxis">sid:TJLPMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ProbableScenarioMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_LIBORMember_custom_ProbableScenarioMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:VariableInterestRateAxis">sid:LIBORMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ProbableScenarioMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_CDIMember_custom_ProbableScenarioMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:VariableInterestRateAxis">sid:CDIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ProbableScenarioMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_LIBORMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:VariableInterestRateAxis">sid:LIBORMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_LIBORMember_custom_ScenarioIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:VariableInterestRateAxis">sid:LIBORMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_LIBORMember_custom_ScenarioIIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:InterestRateRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:VariableInterestRateAxis">sid:LIBORMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ProbableScenarioMember_custom_NotLaterThanOneYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ProbableScenarioMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:NotLaterThanOneYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ProbableScenarioMember_ifrs-full_LaterThanOneYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ProbableScenarioMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ProbableScenarioMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ProbableScenarioMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ScenarioIITwoMember_ifrs-full_LaterThanOneYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIITwoMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ScenarioIIThreeMember_custom_NotLaterThanOneYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIThreeMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:NotLaterThanOneYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ScenarioIITwoMember_custom_NotLaterThanOneYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIITwoMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:NotLaterThanOneYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ScenarioIIThreeMember_ifrs-full_LaterThanOneYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIThreeMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ScenarioIIThreeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIThreeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ScenarioIITwoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIITwoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateSwapDollarEuroMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateSwapDollarEuroOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_TotalDollarToEuroSwapMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:TotalDollarToEuroSwapMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapGBPEuroMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateSwapGBPEuroMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_TotalSwapGBPEuroMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:TotalSwapGBPEuroMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapCDIDollarMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateSwapCDIDollarMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_TotalSwapCDIDollarMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:TotalSwapCDIDollarMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CashFlowHedgesMember_ifrs-full_CurrencyRiskMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTwoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesTwoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesThreeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesThreeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFourMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesFourMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFiveMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesFiveMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSixMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesSixMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSevenMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesSevenMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesEightMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesEightMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesNineMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesNineMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTenMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesTenMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesElevenMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesElevenMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:BondMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:BondsandExportprepaymentsinUSMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:BondsandExportprepaymentsinUSOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:BondOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTwoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesTwoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesThreeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesThreeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFourMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesFourMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFiveMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesFiveMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSixMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesSixMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSevenMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesSevenMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesEightMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesEightMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesNineMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesNineMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTenMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesTenMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesElevenMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExportPrepaymentsInUsToThirdPartiesElevenMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:BondMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:BondsandExportprepaymentsinUSMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:BondsandExportprepaymentsinUSOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:BondOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:CashFlowHedgesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_NotLaterThanThreeMonthsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanThreeMonthsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneMonthAndNotLaterThanThreeMonthsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanThreeMonthsAndNotLaterThanOneYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanThreeMonthsAndNotLaterThanSixMonthsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanSixMonthsAndNotLaterThanOneYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_CashFlowHedgesPlattsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:CashFlowHedgesPlattsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_CurrencyRiskMember_custom_CashFlowHedgesPlattsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:CashFlowHedgesPlattsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_CashFlowHedgesPlattsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:CashFlowHedgesPlattsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_CurrencyRiskMember_custom_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_FairValueOfCashFlowAccountingPlattsNetMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:FairValueOfCashFlowAccountingPlattsNetMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_CurrencyRiskMember_custom_FairValueOfCashFlowAccountingPlattsNetMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:FairValueOfCashFlowAccountingPlattsNetMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_FairValueOfCashFlowAccountingPlattsNetMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">sid:FairValueOfCashFlowAccountingPlattsNetMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember_custom_NonDerivativeFinancialLiabilitiesInEurDebtContractMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:HedgesOfNetInvestmentInForeignOperationsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:NonDerivativeFinancialLiabilitiesInEurDebtContractMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember_custom_NonDerivativeFinancialLiabilitiesInEurDebtContractMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfHedgesAxis">ifrs-full:HedgesOfNetInvestmentInForeignOperationsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:NonDerivativeFinancialLiabilitiesInEurDebtContractMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateSwapDollarEuroMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateSwapDollarEuroMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapGBPEuroMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateSwapGBPEuroMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapCDIDollarMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateSwapCDIDollarMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapCDIDollarMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateSwapCDIDollarMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_IronOreDerivativeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:IronOreDerivativeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_CurrencyRiskMember_custom_IronOreDerivativeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:IronOreDerivativeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_IronOreDerivativeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:IronOreDerivativeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_CurrencyRiskMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_BorrowingsAndFinancingMember_ifrs-full_NotLaterThanOneYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:BorrowingsAndFinancingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_BorrowingsAndFinancingMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:BorrowingsAndFinancingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_BorrowingsAndFinancingMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:BorrowingsAndFinancingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_BorrowingsAndFinancingMember_ifrs-full_LaterThanFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:BorrowingsAndFinancingMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LeasesMember_ifrs-full_NotLaterThanOneYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:LeasesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LeasesMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:LeasesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LeasesMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:LeasesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LeasesMember_ifrs-full_LaterThanFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:LeasesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TradePayablesMember_ifrs-full_NotLaterThanOneYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:TradePayablesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TradePayablesMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:TradePayablesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TradePayablesMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:TradePayablesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TradePayablesMember_ifrs-full_LaterThanFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:TradePayablesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TradePayablesDraweeRiskMember_ifrs-full_NotLaterThanOneYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:TradePayablesDraweeRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TradePayablesDraweeRiskMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:TradePayablesDraweeRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TradePayablesDraweeRiskMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:TradePayablesDraweeRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TradePayablesDraweeRiskMember_ifrs-full_LaterThanFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:TradePayablesDraweeRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_DividendsAndInterestOnEquityMember_ifrs-full_NotLaterThanOneYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:DividendsAndInterestOnEquityMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_PerpetualBondsMember_ifrs-full_LiquidityRiskMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:PerpetualBondsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:LiquidityRiskMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_PerpetualBondsMember_ifrs-full_LiquidityRiskMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:PerpetualBondsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:LiquidityRiskMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_FixedRateNotesMember_ifrs-full_LiquidityRiskMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:FixedRateNotesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:LiquidityRiskMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_FixedRateNotesMember_ifrs-full_LiquidityRiskMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:FixedRateNotesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:LiquidityRiskMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CapitalManagementMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">sid:CapitalManagementMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_CapitalManagementMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">sid:CapitalManagementMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-09-01to2019-09-30_ifrs-full_CurrencyRiskMember_ifrs-full_CurrencySwapContractMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">ifrs-full:CurrencySwapContractMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-09-01</xbrli:startDate>
        <xbrli:endDate>2019-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_ScenarioIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_ScenarioIIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ProbabilityOfDefaultAxis">sid:ScenarioIIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_PayablesToRelatedPartiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:PayablesToRelatedPartiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_PayablesToRelatedPartiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:PayablesToRelatedPartiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_DividendsAndInterestOnCapitalPayableMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:DividendsAndInterestOnCapitalPayableMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_DividendsAndInterestOnCapitalPayableMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:DividendsAndInterestOnCapitalPayableMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_AdvancesFromCustomersMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:AdvancesFromCustomersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_AdvancesFromCustomersMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:AdvancesFromCustomersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_TaxesInInstallmentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:TaxesInInstallmentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TaxesInInstallmentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:TaxesInInstallmentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ProfitSharingEmployeesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:ProfitSharingEmployeesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ProfitSharingEmployeesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:ProfitSharingEmployeesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_TaxesPayableMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:TaxesPayableMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TaxesPayableMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:TaxesPayableMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ProvisionFromConsumptionAndServicesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:ProvisionFromConsumptionAndServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ProvisionFromConsumptionAndServicesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:ProvisionFromConsumptionAndServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ThirdPartyMaterialsInOurPossessionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:ThirdPartyMaterialsInOurPossessionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ThirdPartyMaterialsInOurPossessionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:ThirdPartyMaterialsInOurPossessionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_TradePayablesDraweeRiskMember1130591490">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:TradePayablesDraweeRiskMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TradePayablesDraweeRiskMember1130591521">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:TradePayablesDraweeRiskMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_LeaseLiabilitiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">ifrs-full:LeaseLiabilitiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LeaseLiabilitiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">ifrs-full:LeaseLiabilitiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_OtherPayablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:OtherPayablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OtherPayablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:OtherPayablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-03-29_currency_USD_custom_CSNMineracaoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:CurrencyAxisSignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-03-29</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-03-29_custom_CSNMineracaoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:CurrencyAxisSignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-03-29</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-08-05_currency_USD_custom_CSNMineracaoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:CurrencyAxisSignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-08-05</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-08-05_custom_CSNMineracaoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:CurrencyAxisSignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-08-05</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_NotLaterThanOne1YearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:NotLaterThanOne1YearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_RateInNominalTermsAndActualFlowMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:RateAxis">sid:RateInNominalTermsAndActualFlowMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_RateInNominalTermsAndActualFlowMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:RateAxis">sid:RateInNominalTermsAndActualFlowMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_RateInNominalTermsAndActualFlowMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:RateAxis">sid:RateInNominalTermsAndActualFlowMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_RateInNominalTermsAndActualFlowMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:RateAxis">sid:RateInNominalTermsAndActualFlowMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_BottomOfRangeMember_custom_CargoTerminalTECONMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">sid:CargoTerminalTECONMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_BottomOfRangeMember_custom_CargoTerminalTECARMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">sid:CargoTerminalTECARMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_RailwayOperationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">sid:RailwayOperationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_EquityInResultsOfAffiliatedCompaniesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:EquityInResultsOfAffiliatedCompaniesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_EquityInResultsOfAffiliatedCompaniesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:EquityInResultsOfAffiliatedCompaniesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_ProfitWithDifferentiatedRatesOrUntaxedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:ProfitWithDifferentiatedRatesOrUntaxedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ProfitWithDifferentiatedRatesOrUntaxedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:ProfitWithDifferentiatedRatesOrUntaxedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_TransferPricingAdjustmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:TransferPricingAdjustmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_TransferPricingAdjustmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:TransferPricingAdjustmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_LimitOfIndebtednessMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:LimitOfIndebtednessMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_LimitOfIndebtednessMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:LimitOfIndebtednessMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_UnrecordedDeferredTaxesOnTemporaryDifferencesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:UnrecordedDeferredTaxesOnTemporaryDifferencesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_UnrecordedDeferredTaxesOnTemporaryDifferencesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:UnrecordedDeferredTaxesOnTemporaryDifferencesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_IncomeTaxAndSocialContributionOnForeignProfitMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:IncomeTaxAndSocialContributionOnForeignProfitMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_IncomeTaxAndSocialContributionOnForeignProfitMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:IncomeTaxAndSocialContributionOnForeignProfitMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_TaxIncentivesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:TaxIncentivesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_TaxIncentivesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:TaxIncentivesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_ReversalOfDeferredTaxInNamisaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:ReversalOfDeferredTaxInNamisaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_InterestOnEquityMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:InterestOnEquityMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_InterestOnEquityMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:InterestOnEquityMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_OtherPermanentDeductionsAdditionsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:OtherPermanentDeductionsAdditionsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_OtherPermanentDeductionsAdditionsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:OtherPermanentDeductionsAdditionsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_EquityInResultsOfAffiliatedCompaniesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:EquityInResultsOfAffiliatedCompaniesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_ProfitWithDifferentiatedRatesOrUntaxedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:ProfitWithDifferentiatedRatesOrUntaxedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_TransferPricingAdjustmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:TransferPricingAdjustmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_LimitOfIndebtednessMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:LimitOfIndebtednessMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_UnrecordedDeferredTaxesOnTemporaryDifferencesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:UnrecordedDeferredTaxesOnTemporaryDifferencesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_IncomeTaxAndSocialContributionOnForeignProfitMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:IncomeTaxAndSocialContributionOnForeignProfitMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_TaxIncentivesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:TaxIncentivesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_ReversalOfDeferredTaxInNamisaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:ReversalOfDeferredTaxInNamisaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_OtherPermanentDeductionsAdditionsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:OtherPermanentDeductionsAdditionsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_DeferredIncomeTaxLossesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:DeferredIncomeTaxLossesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_DeferredIncomeTaxLossesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:DeferredIncomeTaxLossesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_DeferredIncomeTaxLossesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:DeferredIncomeTaxLossesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_DeferredIncomeTaxLossesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:DeferredIncomeTaxLossesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_DeferredSocialContributionTaxLossesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:DeferredSocialContributionTaxLossesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_DeferredSocialContributionTaxLossesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:DeferredSocialContributionTaxLossesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_DeferredSocialContributionTaxLossesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:DeferredSocialContributionTaxLossesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_DeferredSocialContributionTaxLossesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:DeferredSocialContributionTaxLossesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_TemporaryDifferencesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:TemporaryDifferencesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_TemporaryDifferencesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:TemporaryDifferencesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TemporaryDifferencesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:TemporaryDifferencesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_TemporaryDifferencesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:TemporaryDifferencesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_AssetsImpairmentLossesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:AssetsImpairmentLossesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_AssetsImpairmentLossesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:AssetsImpairmentLossesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_AssetsImpairmentLossesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:AssetsImpairmentLossesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_AssetsImpairmentLossesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:AssetsImpairmentLossesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_GainsLossesOnFinancialInstrumentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:GainsLossesOnFinancialInstrumentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_GainsLossesOnFinancialInstrumentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:GainsLossesOnFinancialInstrumentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ActuarialLiabilityPensionAndHealthcarePlanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:ActuarialLiabilityPensionAndHealthcarePlanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ActuarialLiabilityPensionAndHealthcarePlanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:ActuarialLiabilityPensionAndHealthcarePlanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ActuarialLiabilityPensionAndHealthcarePlanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:ActuarialLiabilityPensionAndHealthcarePlanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_ActuarialLiabilityPensionAndHealthcarePlanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:ActuarialLiabilityPensionAndHealthcarePlanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_AccruedSuppliesAndServicesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:AccruedSuppliesAndServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_AccruedSuppliesAndServicesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:AccruedSuppliesAndServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_AccruedSuppliesAndServicesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:AccruedSuppliesAndServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_AccruedSuppliesAndServicesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:AccruedSuppliesAndServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_UnrealizedExchangeDifferencesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:UnrealizedExchangeDifferencesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_UnrealizedExchangeDifferencesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:UnrealizedExchangeDifferencesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_UnrealizedExchangeDifferencesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:UnrealizedExchangeDifferencesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_UnrealizedExchangeDifferencesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:UnrealizedExchangeDifferencesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CashFlowHedgeAccountingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:CashFlowHedgeAccountingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_CashFlowHedgeAccountingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:CashFlowHedgeAccountingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CashFlowHedgeAccountingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:CashFlowHedgeAccountingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CashFlowHedgeAccountingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:CashFlowHedgeAccountingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_AcquisitionFairValueSwtCblMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:AcquisitionFairValueSwtCblMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_AcquisitionFairValueSwtCblMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:AcquisitionFairValueSwtCblMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_AcquisitionFairValueSwtCblMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:AcquisitionFairValueSwtCblMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_AcquisitionFairValueSwtCblMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:AcquisitionFairValueSwtCblMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_DeferredTaxesNonComputedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:DeferredTaxesNonComputedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_DeferredTaxesNonComputedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:DeferredTaxesNonComputedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_DeferredTaxesNonComputedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:DeferredTaxesNonComputedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_DeferredTaxesNonComputedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:DeferredTaxesNonComputedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_EstimatedLossesReversalsToDeferredTaxesCreditsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:EstimatedLossesReversalsToDeferredTaxesCreditsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_EstimatedLossesReversalsToDeferredTaxesCreditsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:EstimatedLossesReversalsToDeferredTaxesCreditsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_EstimatedLossesReversalsToDeferredTaxesCreditsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:EstimatedLossesReversalsToDeferredTaxesCreditsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_EstimatedLossesReversalsToDeferredTaxesCreditsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:EstimatedLossesReversalsToDeferredTaxesCreditsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_EstimatedLossesReversalsToDeferredTaxesCreditsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:EstimatedLossesReversalsToDeferredTaxesCreditsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_BusinessCombinationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:BusinessCombinationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_BusinessCombinationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:BusinessCombinationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_BusinessCombinationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:BusinessCombinationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_BusinessCombinationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:BusinessCombinationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_BusinessCombinationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:BusinessCombinationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ConsolidationCBSIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:ConsolidationCBSIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ConsolidationCBSIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:ConsolidationCBSIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_ConsolidationCBSIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:ConsolidationCBSIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_OthersMember1131603983">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:OthersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_OthersMember1131604092">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:OthersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OthersMember1131604046">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:OthersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_OthersMember1131604061">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:OthersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_OthersMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:OthersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_DeferredIncomeTaxLossesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:DeferredIncomeTaxLossesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_DeferredSocialContributionTaxLossesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:DeferredSocialContributionTaxLossesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_TemporaryDifferencesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:TemporaryDifferencesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_AssetsImpairmentLossesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:AssetsImpairmentLossesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_GainsLossesOnFinancialInstrumentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:GainsLossesOnFinancialInstrumentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_GainsLossesOnFinancialInstrumentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:GainsLossesOnFinancialInstrumentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_ActuarialLiabilityPensionAndHealthcarePlanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:ActuarialLiabilityPensionAndHealthcarePlanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_AccruedSuppliesAndServicesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:AccruedSuppliesAndServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_UnrealizedExchangeDifferencesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:UnrealizedExchangeDifferencesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_CashFlowHedgeAccountingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:CashFlowHedgeAccountingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_AcquisitionFairValueSwtCblMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:AcquisitionFairValueSwtCblMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_DeferredTaxesNonComputedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:DeferredTaxesNonComputedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanOneYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LaterThanTwoYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:LaterThanTwoYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LaterThanThreeYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:LaterThanThreeYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LaterThanFourYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:LaterThanFourYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LaterThanFiveYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:LaterThanFiveYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_TaxLossesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:TaxLossesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ExchangeDifferenceExpensesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:ExchangeDifferenceExpensesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_LossesOnUsiminasSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">sid:LossesOnUsiminasSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_OtherProvisionsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:IncomeTaxAndSocialContributionAxis">ifrs-full:OtherProvisionsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_FederalRefisLaw1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:FederalRefisLaw1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_FederalRefisLaw1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:FederalRefisLaw1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_FederalRefisLaw2Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:FederalRefisLaw2Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_FederalRefisLaw2Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:FederalRefisLaw2Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_OtherTaxesInInstallmentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:OtherTaxesInInstallmentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OtherTaxesInInstallmentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:OtherTaxesInInstallmentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_TaxMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:TaxMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_SocialSecurityMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:SocialSecurityMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_LaborMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:LaborMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_CivilMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:CivilMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_EnvironmentalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:EnvironmentalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_DepositOfAGuaranteeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:DepositOfAGuaranteeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TaxMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:TaxMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_SocialSecurityMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:SocialSecurityMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LaborMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:LaborMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CivilMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:CivilMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_EnvironmentalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:EnvironmentalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_DepositOfAGuaranteeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:DepositOfAGuaranteeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_TaxMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:TaxMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_SocialSecurityMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:SocialSecurityMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_LaborMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:LaborMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CivilMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:CivilMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_EnvironmentalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:EnvironmentalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter2Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter2Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter3Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter3Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter4Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter4Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter5Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter5Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter7Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter7Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter8Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter8Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter10Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter10Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter11Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter11Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter13Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter13Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter14Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter14Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter15Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter15Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter21Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter21Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter16Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter16Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter25Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter25Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter26Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter26Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter27Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter27Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter17Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter17Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter18Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter18Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter19Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter19Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter30Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter30Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter32Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter32Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter20Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter20Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter2Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter2Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter3Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter3Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter4Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter4Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter5Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter5Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter7Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter7Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter8Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter8Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter10Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter10Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter11Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter11Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter13Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter13Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter14Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter14Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter15Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter15Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter21Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter21Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter16Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter16Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter25Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter25Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter26Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter26Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter27Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter27Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter17Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter17Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter28Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter28Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter28Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter28Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter18Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter18Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter19Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter19Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter23Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter23Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter23Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter23Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter29Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter29Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter29Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter29Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter30Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter30Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter31Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter31Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MainLegalMatter31Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter31Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter32Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter32Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MainLegalMatter20Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfProvisionsAxis">sid:MainLegalMatter20Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2014-01-01to2014-01-31_custom_INEAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:INEAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2014-01-01</xbrli:startDate>
        <xbrli:endDate>2014-01-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2017-08-26to2017-08-27">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2017-08-26</xbrli:startDate>
        <xbrli:endDate>2017-08-27</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2013-04-07to2013-04-08_custom_MunicipalityOfVoltaRedondaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="dei:LegalEntityAxis">sid:MunicipalityOfVoltaRedondaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2013-04-07</xbrli:startDate>
        <xbrli:endDate>2013-04-08</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2014-05-01to2014-05-31_custom_INEAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:INEAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2014-05-01</xbrli:startDate>
        <xbrli:endDate>2014-05-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_EnvironmentalLiabilitiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:EnvironmentalLiabilitiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_AssetRetirementObligationsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:AssetRetirementObligationsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_AssetRetirementObligationsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:AssetRetirementObligationsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_EnvironmentalLiabilitiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:EnvironmentalLiabilitiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MiningMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis">sid:MiningMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_OtherNonCurrentAssetMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:OtherNonCurrentAssetMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_JointVenturesEJointOperationMember_custom_OtherNonCurrentAssetMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesEJointOperationMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:OtherNonCurrentAssetMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OtherNonCurrentAssetMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:OtherNonCurrentAssetMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_JointVenturesEJointOperationMember_custom_OtherNonCurrentAssetMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesEJointOperationMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:OtherNonCurrentAssetMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_LoanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:LoanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_JointVenturesEJointOperationMember_custom_LoanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesEJointOperationMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:LoanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LoanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:LoanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_JointVenturesEJointOperationMember_custom_LoanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesEJointOperationMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:LoanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_FinancialInvestmentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:FinancialInvestmentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember_custom_FinancialInvestmentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:FinancialInvestmentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_FinancialInvestmentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:FinancialInvestmentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember_custom_FinancialInvestmentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:FinancialInvestmentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_DividendsReceivableMember1130168805">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:DividendsReceivableMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_JointVenturesEJointOperationMember_custom_DividendsReceivableMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesEJointOperationMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:DividendsReceivableMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_DividendsReceivableMember1130168790">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:DividendsReceivableMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_JointVenturesEJointOperationMember_custom_DividendsReceivableMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesEJointOperationMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:DividendsReceivableMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember_ifrs-full_TradeReceivablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:TradeReceivablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_JointVenturesEJointOperationMember_ifrs-full_TradeReceivablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesEJointOperationMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:TradeReceivablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember_ifrs-full_TradeReceivablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:TradeReceivablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember_ifrs-full_TradeReceivablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:TradeReceivablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember_ifrs-full_TradeReceivablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:TradeReceivablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_JointVenturesEJointOperationMember_ifrs-full_TradeReceivablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesEJointOperationMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">ifrs-full:TradeReceivablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_JointVenturesEJointOperationMember_custom_OtherCurrentAssetMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesEJointOperationMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:OtherCurrentAssetMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_JointVenturesEJointOperationMember_custom_OtherCurrentAssetMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesEJointOperationMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:OtherCurrentAssetMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OtherCurrentAssetMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:OtherCurrentAssetMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_OtherCurrentAssetMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:OtherCurrentAssetMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember_custom_OtherCurrentAssetMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:OtherCurrentAssetMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember_custom_OtherCurrentAssetMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:OtherCurrentAssetMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_JointVenturesEJointOperationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesEJointOperationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_JointVenturesEJointOperationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesEJointOperationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember_custom_LoanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:LoanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember_custom_LoanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:LoanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember_custom_ActuarialAssetMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:ActuarialAssetMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember_custom_ActuarialAssetMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:ActuarialAssetMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ActuarialAssetMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:ActuarialAssetMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ActuarialAssetMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:ActuarialAssetMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember_custom_IntercompanyLoansMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:IntercompanyLoansMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_IntercompanyLoansMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:IntercompanyLoansMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_JointVenturesEJointOperationMember_custom_TradePayablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesEJointOperationMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:TradePayablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember_custom_TradePayablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:TradePayablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TradePayablesMember1129606796">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:TradePayablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_JointVenturesEJointOperationMember_custom_TradePayablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesEJointOperationMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:TradePayablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember_custom_TradePayablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:TradePayablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_TradePayablesMember1129623956">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:TradePayablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_JointVenturesEJointOperationMember_custom_OtherAccountsPayableMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesEJointOperationMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:OtherAccountsPayableMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_JointVenturesEJointOperationMember_custom_OtherAccountsPayableMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesEJointOperationMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:OtherAccountsPayableMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember_custom_OtherAccountsPayableMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:OtherAccountsPayableMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember_custom_OtherAccountsPayableMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:OtherAccountsPayableMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OtherAccountsPayableMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:OtherAccountsPayableMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_OtherAccountsPayableMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:OtherAccountsPayableMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_JointVenturesEJointOperationMember_custom_OtherProvisionForConsumptionAndServicesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesEJointOperationMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:OtherProvisionForConsumptionAndServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_JointVenturesEJointOperationMember_custom_OtherProvisionForConsumptionAndServicesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesEJointOperationMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:OtherProvisionForConsumptionAndServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OtherProvisionForConsumptionAndServicesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:OtherProvisionForConsumptionAndServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_OtherProvisionForConsumptionAndServicesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:OtherProvisionForConsumptionAndServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember_custom_ActuarialLiabilitiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:ActuarialLiabilitiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ActuarialLiabilitiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:ActuarialLiabilitiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember_custom_ActuarialLiabilitiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:ActuarialLiabilitiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ActuarialLiabilitiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:ActuarialLiabilitiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_JointVenturesJointOperationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesJointOperationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_SubsidiariesAndAssociateMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:SubsidiariesAndAssociateMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_OtherRelatedPartiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_JointVenturesJointOperationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesJointOperationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_SubsidiariesAndAssociateMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:SubsidiariesAndAssociateMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_OtherRelatedPartiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_JointVenturesJointOperationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:JointVenturesJointOperationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_SubsidiariesAndAssociateMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">sid:SubsidiariesAndAssociateMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_ifrs-full_OtherRelatedPartiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:OtherRelatedPartiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_ForeignCurrencyMember_currency_EUR">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:EUR</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_ForeignCurrencyMember_currency_EUR">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:EUR</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_ForeignCurrencyMember_currency_USD">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_ForeignCurrencyMember_currency_USD">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_TransnordestinaLogisticaSAMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:TransnordestinaLogisticaSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_TransnordestinaLogisticaSAMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:TransnordestinaLogisticaSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_TransnordestinaLogisticaSAMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:TransnordestinaLogisticaSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_FTLFerroviaTransnordestinaMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:FTLFerroviaTransnordestinaMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_FTLFerroviaTransnordestinaMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:FTLFerroviaTransnordestinaMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_FTLFerroviaTransnordestinaMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:FTLFerroviaTransnordestinaMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_CiaMetalurgicaPradaMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CiaMetalurgicaPradaMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CiaMetalurgicaPradaMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CiaMetalurgicaPradaMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CiaMetalurgicaPradaMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CiaMetalurgicaPradaMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_CSNEnergiaMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSNEnergiaMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNEnergiaMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSNEnergiaMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNEnergiaMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSNEnergiaMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_CSNMineracaoMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSNMineracaoMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNMineracaoMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSNMineracaoMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNMineracaoMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSNMineracaoMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_EstanhoDeRondoniaMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:EstanhoDeRondoniaMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_EstanhoDeRondoniaMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:EstanhoDeRondoniaMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_EstanhoDeRondoniaMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:EstanhoDeRondoniaMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_MineriosNacionalSAMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:MineriosNacionalSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_MineriosNacionalSAMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:MineriosNacionalSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_MineriosNacionalSAMember_custom_LocalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:MineriosNacionalSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:LocalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_CSNIslandsXIIMember_custom_ForeignCurrencyMember_currency_USD">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSNIslandsXIIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNIslandsXIIMember_custom_ForeignCurrencyMember_currency_USD">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSNIslandsXIIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNIslandsXIIMember_custom_ForeignCurrencyMember_currency_USD">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSNIslandsXIIMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_CSNResourcesMember_custom_ForeignCurrencyMember_currency_USD">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSNResourcesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNResourcesMember_custom_ForeignCurrencyMember_currency_USD">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSNResourcesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNResourcesMember_custom_ForeignCurrencyMember_currency_USD">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSNResourcesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNSteelSLMember_custom_ForeignCurrencyMember_currency_EUR">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSNSteelSLMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:EUR</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNSteelSLMember_custom_ForeignCurrencyMember_currency_EUR">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSNSteelSLMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:EUR</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_CSNInovaVenturesMember_custom_ForeignCurrencyMember_currency_USD">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSNInovaVenturesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNInovaVenturesMember_custom_ForeignCurrencyMember_currency_USD">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSNInovaVenturesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNInovaVenturesMember_custom_ForeignCurrencyMember_currency_USD">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis">ifrs-full:GuaranteesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSNInovaVenturesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_VicunhaSiderurgiaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:VicunhaSiderurgiaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_RioIacoParticipacoesSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:RioIacoParticipacoesSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_VicunhaAcosSAMember_custom_VicunhaSteelSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:CategoriesOfOtherRelatedPartiesAxis">sid:VicunhaAcosSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:VicunhaSteelSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_VicunhaAcosSAMember_custom_CFLParticipacoesSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:CategoriesOfOtherRelatedPartiesAxis">sid:VicunhaAcosSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CFLParticipacoesSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_VicunhaAcosSAMember_custom_VicunhaSteelSA1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:CategoriesOfOtherRelatedPartiesAxis">sid:VicunhaAcosSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:VicunhaSteelSA1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_RioPurusParticipacoesSAMember_custom_CFLParticipacoesSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:CategoriesOfOtherRelatedPartiesAxis">sid:RioPurusParticipacoesSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CFLParticipacoesSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_RioPurusParticipacoesSAMember_custom_VicunhaSteelSA1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:CategoriesOfOtherRelatedPartiesAxis">sid:RioPurusParticipacoesSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:VicunhaSteelSA1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_VicunhaAcosSAMember_ifrs-full_BottomOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:CategoriesOfOtherRelatedPartiesAxis">sid:VicunhaAcosSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember_ifrs-full_BottomOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:TransnordestinaLogisticaSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember_ifrs-full_TopOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:TransnordestinaLogisticaSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:TopOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:TransnordestinaLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:TransnordestinaLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MRSLogisticaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:MRSLogisticaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MRSLogisticaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:MRSLogisticaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_VicunhaAcosSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="dei:LegalEntityAxis">sid:VicunhaAcosSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_VicunhaAcosSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="dei:LegalEntityAxis">sid:VicunhaAcosSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_RioLacoParticipacoesSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="dei:LegalEntityAxis">sid:RioLacoParticipacoesSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_RioLacoParticipacoesSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="dei:LegalEntityAxis">sid:RioLacoParticipacoesSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_NyseAdrsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="dei:LegalEntityAxis">sid:NyseAdrsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_NyseAdrsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="dei:LegalEntityAxis">sid:NyseAdrsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OtherOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="dei:LegalEntityAxis">sid:OtherOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_OtherOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="dei:LegalEntityAxis">sid:OtherOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_USIM3Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">sid:USIM3Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_USIM3Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">sid:USIM3Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_TreasurySharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:TreasurySharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_TreasurySharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:TreasurySharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_BuybackProgram9Number2Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">sid:BuybackProgram9Number2Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_BuybackProgram9Number2Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">sid:BuybackProgram9Number2Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_BottomOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_TopOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:TopOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_WeightedAverageMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:WeightedAverageMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_TreasurySharesMember_ifrs-full_WeightedAverageMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:TreasurySharesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:WeightedAverageMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-02-22">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-02-22</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-02-21to2021-02-22">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-02-21</xbrli:startDate>
        <xbrli:endDate>2021-02-22</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-02-16to2021-02-17_custom_EventAfterReportingPeriodMember_custom_CSNMineracaoSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:NonadjustingEventsAfterReportingPeriodAxis">sid:EventAfterReportingPeriodMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-02-16</xbrli:startDate>
        <xbrli:endDate>2021-02-17</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-02-16to2021-02-17_custom_EventAfterReportingPeriodMember_custom_CSNMineracaoSAMember_custom_PrimaryDistributionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:NonadjustingEventsAfterReportingPeriodAxis">sid:EventAfterReportingPeriodMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:SubsidiarySalesOfStockAxis">sid:PrimaryDistributionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-02-16</xbrli:startDate>
        <xbrli:endDate>2021-02-17</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-02-16to2021-02-17_custom_EventAfterReportingPeriodMember_custom_CSNMineracaoSAMember_custom_SecondaryDistributionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:NonadjustingEventsAfterReportingPeriodAxis">sid:EventAfterReportingPeriodMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:SubsidiarySalesOfStockAxis">sid:SecondaryDistributionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-02-16</xbrli:startDate>
        <xbrli:endDate>2021-02-17</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-02-17_custom_EventAfterReportingPeriodMember_custom_CSNMineracaoSAMember_custom_PrimaryDistributionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:NonadjustingEventsAfterReportingPeriodAxis">sid:EventAfterReportingPeriodMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:SubsidiarySalesOfStockAxis">sid:PrimaryDistributionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-02-17</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-02-17_custom_EventAfterReportingPeriodMember_custom_CSNMineracaoSAMember_custom_SecondaryDistributionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:NonadjustingEventsAfterReportingPeriodAxis">sid:EventAfterReportingPeriodMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:SubsidiarySalesOfStockAxis">sid:SecondaryDistributionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-02-17</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_ForeignMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:ForeignMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ForeignMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:ForeignMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_ForeignMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:ForeignMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_RawMaterialsAndInputsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:RawMaterialsAndInputsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_RawMaterialsAndInputsMember1158782337">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:RawMaterialsAndInputsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_RawMaterialsAndInputsMember1158782368">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:RawMaterialsAndInputsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_LaborCostMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:LaborCostMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_LaborCostMember1158932628">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:LaborCostMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_LaborCostMember1158932659">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:LaborCostMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_SuppliesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:SuppliesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_SuppliesMember1158970677">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:SuppliesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_SuppliesMember1158970708">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:SuppliesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_MaintenanceCostServicesAndMaterialsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:MaintenanceCostServicesAndMaterialsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_MaintenanceCostServicesAndMaterialsMember1160964604">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:MaintenanceCostServicesAndMaterialsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MaintenanceCostServicesAndMaterialsMember1160964651">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:MaintenanceCostServicesAndMaterialsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_OutsourcingServicesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:OutsourcingServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_OutsourcingServicesMember1161003885">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:OutsourcingServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_OutsourcingServicesMember1161003932">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:OutsourcingServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_FreightsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:FreightsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_FreightsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:FreightsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_FreightsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:FreightsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_DistributionFreightsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:DistributionFreightsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_DistributionFreightsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:DistributionFreightsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_DistributionFreightsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:DistributionFreightsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_DepreciationAmortizationAndDepletionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:DepreciationAmortizationAndDepletionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_DepreciationAmortizationAndDepletionMember1161156095">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:DepreciationAmortizationAndDepletionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_DepreciationAmortizationAndDepletionMember1161156173">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:DepreciationAmortizationAndDepletionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_OthersOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:OthersOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_OthersOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:OthersOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_OthersOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpensesByNatureAxis">sid:OthersOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_DepreciationAmortizationAndDepletionMember1162301688">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpenseByNatureAxis">sid:DepreciationAmortizationAndDepletionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_DepreciationAmortizationAndDepletionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpenseByNatureAxis">sid:DepreciationAmortizationAndDepletionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_DepreciationAmortizationAndDepletionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:ExpenseByNatureAxis">sid:DepreciationAmortizationAndDepletionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_IronOreMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProductsAndServicesAxis">sid:IronOreMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_IronOreMember_custom_LeaseAgreementMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ProductsAndServicesAxis">sid:IronOreMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:LeaseAgreementMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-06-29to2020-06-30">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-06-29</xbrli:startDate>
        <xbrli:endDate>2020-06-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_SteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_MiningMember1132393847">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MiningMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_LogisticsMember_custom_PortMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:LogisticsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:Subsegments1Axis">sid:PortMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_LogisticsMember_custom_RailroadsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:LogisticsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:Subsegments1Axis">sid:RailroadsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_EnergyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:EnergyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CementMember1132393957">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:CementMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">ifrs-full:EliminationOfIntersegmentAmountsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_SteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_MiningMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MiningMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_LogisticsMember_custom_PortMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:LogisticsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:Subsegments1Axis">sid:PortMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_LogisticsMember_custom_RailroadsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:LogisticsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:Subsegments1Axis">sid:RailroadsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_EnergyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:EnergyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_CementMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:CementMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">ifrs-full:EliminationOfIntersegmentAmountsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_SteelMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MiningMember972376165">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MiningMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_PortMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:LogisticsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:Subsegments1Axis">sid:PortMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_RailroadsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:LogisticsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:Subsegments1Axis">sid:RailroadsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_EnergyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:EnergyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CementMember972376196">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:CementMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">ifrs-full:EliminationOfIntersegmentAmountsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_SteelMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_MiningMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MiningMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_LogisticsMember_custom_PortMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:LogisticsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:Subsegments1Axis">sid:PortMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_LogisticsMember_custom_RailroadsMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:LogisticsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:Subsegments1Axis">sid:RailroadsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_EnergyMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:EnergyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CementMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:CementMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">ifrs-full:EliminationOfIntersegmentAmountsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_SteelMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_MiningMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MiningMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_LogisticsMember_custom_PortMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:LogisticsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:Subsegments1Axis">sid:PortMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_LogisticsMember_custom_RailroadsMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:LogisticsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:Subsegments1Axis">sid:RailroadsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_EnergyMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:EnergyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_CementMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:CementMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">ifrs-full:EliminationOfIntersegmentAmountsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_SteelMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MiningMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MiningMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_PortMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:LogisticsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:Subsegments1Axis">sid:PortMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_RailroadsMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:LogisticsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:Subsegments1Axis">sid:RailroadsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_EnergyMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:EnergyMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CementMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:CementMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember_custom_DomesticMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">ifrs-full:EliminationOfIntersegmentAmountsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:DomesticMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_SteelMember_custom_ForeignMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:ForeignMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_MiningMember_custom_ForeignMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MiningMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:ForeignMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember_custom_ForeignMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">ifrs-full:EliminationOfIntersegmentAmountsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:ForeignMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_SteelMember_custom_ForeignMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:ForeignMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_MiningMember_custom_ForeignMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MiningMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:ForeignMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember_custom_ForeignMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">ifrs-full:EliminationOfIntersegmentAmountsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:ForeignMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_SteelMember_custom_ForeignMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:ForeignMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MiningMember_custom_ForeignMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MiningMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:ForeignMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember_custom_ForeignMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">ifrs-full:EliminationOfIntersegmentAmountsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:ForeignMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CementMember_custom_ForeignMarketMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:CementMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:ForeignMarketMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_SteelMember_srt_AsiaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:AsiaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_MiningMember_srt_AsiaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MiningMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:AsiaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember_srt_AsiaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">ifrs-full:EliminationOfIntersegmentAmountsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:AsiaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_srt_AsiaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:AsiaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_SteelMember_srt_AsiaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:AsiaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_MiningMember_srt_AsiaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MiningMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:AsiaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember_srt_AsiaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">ifrs-full:EliminationOfIntersegmentAmountsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:AsiaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_srt_AsiaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:AsiaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MiningMember_srt_AsiaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MiningMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:AsiaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember_srt_AsiaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">ifrs-full:EliminationOfIntersegmentAmountsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:AsiaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_srt_AsiaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:AsiaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_SteelMember_srt_NorthAmericaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:NorthAmericaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_srt_NorthAmericaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:NorthAmericaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_SteelMember_srt_NorthAmericaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:NorthAmericaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_srt_NorthAmericaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:NorthAmericaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_SteelMember_srt_NorthAmericaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:NorthAmericaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_srt_NorthAmericaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:NorthAmericaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_SteelMember_srt_LatinAmericaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:LatinAmericaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_srt_LatinAmericaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:LatinAmericaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_SteelMember_srt_LatinAmericaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:LatinAmericaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_srt_LatinAmericaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:LatinAmericaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_SteelMember_srt_LatinAmericaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:LatinAmericaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_srt_LatinAmericaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:LatinAmericaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CementMember_srt_LatinAmericaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:CementMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:LatinAmericaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_SteelMember_srt_EuropeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:EuropeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_MiningMember_srt_EuropeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MiningMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:EuropeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_srt_EuropeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:EuropeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_SteelMember_srt_EuropeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:EuropeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_MiningMember_srt_EuropeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MiningMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:EuropeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_srt_EuropeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:EuropeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_SteelMember_srt_EuropeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:EuropeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MiningMember_srt_EuropeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:MiningMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:EuropeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_srt_EuropeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">srt:EuropeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_SteelMember_custom_OthersMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:OthersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_OthersMember1132396312">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:OthersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_SteelMember_custom_OthersMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:OthersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_OthersMember1132396359">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:OthersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_SteelMember_custom_OthersMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SegmentsAxis">sid:SteelMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:OthersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_OthersMember1132396453">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:GeographicalAreasAxis">sid:OthersMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MineriosNacionalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">sid:MineriosNacionalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">ifrs-full:DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">ifrs-full:DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_PostEmploymentHealthcareBenefitsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PostEmploymentHealthcareBenefitsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_PostEmploymentHealthcareBenefitsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PostEmploymentHealthcareBenefitsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">ifrs-full:DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">ifrs-full:DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">ifrs-full:DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">ifrs-full:DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">ifrs-full:DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember1149285121">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember1384715621">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember1384714779">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfRelatedPartiesAxis">ifrs-full:DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_MaleMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PlanCoveringThirtyFivePercentOfTheAverageSalaryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:ParticipantsAxis">sid:MaleMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_MaleMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PlanCoveringThirtyFivePercentOfTheAverageSalaryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:ParticipantsAxis">sid:MaleMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_FemaleMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PlanCoveringThirtyFivePercentOfTheAverageSalaryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:ParticipantsAxis">sid:FemaleMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_FemaleMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PlanCoveringThirtyFivePercentOfTheAverageSalaryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:ParticipantsAxis">sid:FemaleMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_AverageSalarySupplementationPlanMember_custom_MaleMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:AverageSalarySupplementationPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:ParticipantsAxis">sid:MaleMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_MaleMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:AverageSalarySupplementationPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:ParticipantsAxis">sid:MaleMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_AverageSalarySupplementationPlanMember_custom_FemaleMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:AverageSalarySupplementationPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:ParticipantsAxis">sid:FemaleMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_FemaleMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:AverageSalarySupplementationPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:ParticipantsAxis">sid:FemaleMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_MaleMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:MixedSupplementaryBenefitPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:ParticipantsAxis">sid:MaleMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_MaleMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:MixedSupplementaryBenefitPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:ParticipantsAxis">sid:MaleMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_FemaleMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:MixedSupplementaryBenefitPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:ParticipantsAxis">sid:FemaleMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_FemaleMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:MixedSupplementaryBenefitPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:ParticipantsAxis">sid:FemaleMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_VariableIncomeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DefinedBenefitPlanByPlanAssetsCategoriesAxis">sid:VariableIncomeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_VariableIncomeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DefinedBenefitPlanByPlanAssetsCategoriesAxis">sid:VariableIncomeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_VariableIncomeMember1389282659">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DefinedBenefitPlanByPlanAssetsCategoriesAxis">sid:VariableIncomeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_FixedIncomeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DefinedBenefitPlanByPlanAssetsCategoriesAxis">sid:FixedIncomeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_FixedIncomeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DefinedBenefitPlanByPlanAssetsCategoriesAxis">sid:FixedIncomeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_FixedIncomeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DefinedBenefitPlanByPlanAssetsCategoriesAxis">sid:FixedIncomeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_RealEstatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DefinedBenefitPlanByPlanAssetsCategoriesAxis">sid:RealEstatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_RealEstatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DefinedBenefitPlanByPlanAssetsCategoriesAxis">sid:RealEstatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_RealEstatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DefinedBenefitPlanByPlanAssetsCategoriesAxis">sid:RealEstatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OthersPlanAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DefinedBenefitPlanByPlanAssetsCategoriesAxis">sid:OthersPlanAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_OthersPlanAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DefinedBenefitPlanByPlanAssetsCategoriesAxis">sid:OthersPlanAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_OthersPlanAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DefinedBenefitPlanByPlanAssetsCategoriesAxis">sid:OthersPlanAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PlanCoveringThirtyFivePercentOfTheAverageSalaryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleIncreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfDiscountRatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PlanCoveringThirtyFivePercentOfTheAverageSalaryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleDecreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfDiscountRatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PlanCoveringThirtyFivePercentOfTheAverageSalaryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleIncreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PlanCoveringThirtyFivePercentOfTheAverageSalaryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleDecreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PlanCoveringThirtyFivePercentOfTheAverageSalaryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleIncreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfMortalityRatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PlanCoveringThirtyFivePercentOfTheAverageSalaryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleDecreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfMortalityRatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PlanCoveringThirtyFivePercentOfTheAverageSalaryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleIncreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PlanCoveringThirtyFivePercentOfTheAverageSalaryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleDecreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:AverageSalarySupplementationPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleIncreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfDiscountRatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:AverageSalarySupplementationPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleDecreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfDiscountRatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:AverageSalarySupplementationPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleIncreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:AverageSalarySupplementationPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleDecreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:AverageSalarySupplementationPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleIncreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfMortalityRatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:AverageSalarySupplementationPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleDecreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfMortalityRatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:AverageSalarySupplementationPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleIncreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:AverageSalarySupplementationPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleDecreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:MixedSupplementaryBenefitPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleIncreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfDiscountRatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:MixedSupplementaryBenefitPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleDecreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfDiscountRatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:MixedSupplementaryBenefitPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleIncreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:MixedSupplementaryBenefitPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleDecreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:MixedSupplementaryBenefitPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleIncreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:MixedSupplementaryBenefitPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleDecreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:MixedSupplementaryBenefitPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleIncreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfMortalityRatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:MixedSupplementaryBenefitPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleDecreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfMortalityRatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PostEmploymentHealthcareBenefitsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PostEmploymentHealthcareBenefitsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_PostEmploymentHealthcareBenefitsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PostEmploymentHealthcareBenefitsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_PostEmploymentHealthcareBenefitsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PostEmploymentHealthcareBenefitsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_PostEmploymentHealthcareBenefitsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PostEmploymentHealthcareBenefitsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PostEmploymentHealthcareBenefitsMember_custom_MaleMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PostEmploymentHealthcareBenefitsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:ParticipantsAxis">sid:MaleMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_PostEmploymentHealthcareBenefitsMember_custom_MaleMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PostEmploymentHealthcareBenefitsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:ParticipantsAxis">sid:MaleMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_PostEmploymentHealthcareBenefitsMember_custom_MaleMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PostEmploymentHealthcareBenefitsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:ParticipantsAxis">sid:MaleMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PostEmploymentHealthcareBenefitsMember_custom_FemaleMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PostEmploymentHealthcareBenefitsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:ParticipantsAxis">sid:FemaleMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_PostEmploymentHealthcareBenefitsMember_custom_FemaleMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PostEmploymentHealthcareBenefitsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:ParticipantsAxis">sid:FemaleMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_custom_PostEmploymentHealthcareBenefitsMember_custom_FemaleMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PostEmploymentHealthcareBenefitsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:ParticipantsAxis">sid:FemaleMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:HealthcarePlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleIncreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfDiscountRatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:HealthcarePlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleDecreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfDiscountRatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_custom_ActuarialAssumptionOfMedicalInflationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:HealthcarePlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleIncreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">sid:ActuarialAssumptionOfMedicalInflationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_ActuarialAssumptionOfMedicalInflationMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:HealthcarePlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:ActuarialAssumptionOfMedicalInflationMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfDiscountRatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_custom_ActuarialAssumptionOfMortalityTableMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:HealthcarePlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:PossibleIncreaseInActuarialAssumptionMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">sid:ActuarialAssumptionOfMortalityTableMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_ActuarialAssumptionOfMortalityTableMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:HealthcarePlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:PossibleActuarialAssumptionAxis">sid:ActuarialAssumptionOfMortalityTableMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ActuarialAssumptionsAxis">ifrs-full:ActuarialAssumptionOfMortalityRatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OilStorageAndHandlingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:OilStorageAndHandlingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_OilStorageAndHandlingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:OilStorageAndHandlingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LaborAndConsultancyServicesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:LaborAndConsultancyServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_LaborAndConsultancyServicesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:LaborAndConsultancyServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember_custom_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LaterThanFourYearsMember_custom_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:LaterThanFourYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember_custom_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LaterThanFourYearsMember_custom_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:LaterThanFourYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember_custom_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LaterThanFourYearsMember_custom_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:LaterThanFourYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember_custom_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember_custom_OilStorageAndHandlingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:OilStorageAndHandlingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_OilStorageAndHandlingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:OilStorageAndHandlingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_OilStorageAndHandlingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:OilStorageAndHandlingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LaterThanFourYearsMember_custom_OilStorageAndHandlingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:LaterThanFourYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:OilStorageAndHandlingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember_custom_LaborAndConsultancyServicesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:LaborAndConsultancyServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_LaborAndConsultancyServicesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:LaborAndConsultancyServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_LaborAndConsultancyServicesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:LaborAndConsultancyServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LaterThanFourYearsMember_custom_LaborAndConsultancyServicesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:LaterThanFourYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:LaborAndConsultancyServicesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="dei:LegalEntityAxis">sid:TransnordestinaLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_TransnordestinaLogisticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="dei:LegalEntityAxis">sid:TransnordestinaLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-12-31">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CSNIslandsVIICorpMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNIslandsVIICorpMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CSNInovaVenturesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNInovaVenturesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CSNIslandsXIICorpMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNIslandsXIICorpMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CSNSteelSLUMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNSteelSLUMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TdBBSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:TdBBSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_SepetibaTeconSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:SepetibaTeconSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MineriosNacionalSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:MineriosNacionalSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CompanhiaFlorestaldoBrasilMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CompanhiaFlorestaldoBrasilMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_EstanhoDeRondoniaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:EstanhoDeRondoniaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CompanhiaMetalurgicaPradaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CompanhiaMetalurgicaPradaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CSNMineracaoSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CSNEnergiaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNEnergiaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_FTLFerroviaTransnordestinaLogisticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:FTLFerroviaTransnordestinaLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_NordesteLogisticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:NordesteLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CSNInovaLtdMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNInovaLtdMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CSNEquipamentosSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNEquipamentosSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CSNCimentosSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNCimentosSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CSNCimentosSA1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNCimentosSA1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ItaEnergeticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:ItaEnergeticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MRSLogisticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:MRSLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_EquimacSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:EquimacSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ArvediMetalferDoBrasilSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">sid:ArvediMetalferDoBrasilSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNIslandsVIICorpMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNIslandsVIICorpMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNInovaVenturesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNInovaVenturesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNIslandsXIICorpMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNIslandsXIICorpMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNSteelSLUMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNSteelSLUMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_TdBBSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:TdBBSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_SepetibaTeconSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:SepetibaTeconSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MineriosNacionalSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:MineriosNacionalSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CompanhiaFlorestaldoBrasilMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CompanhiaFlorestaldoBrasilMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_EstanhoDeRondoniaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:EstanhoDeRondoniaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CompanhiaMetalurgicaPradaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CompanhiaMetalurgicaPradaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNMineracaoSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNEnergiaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNEnergiaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_FTLFerroviaTransnordestinaLogisticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:FTLFerroviaTransnordestinaLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_NordesteLogisticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:NordesteLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNInovaLtdMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNInovaLtdMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNEquipamentosSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNEquipamentosSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNCimentosSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNCimentosSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_LusosiderProjectosSiderurgicosSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:LusosiderProjectosSiderurgicosSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_LusosiderAcosPlanosSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:LusosiderAcosPlanosSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNResourcesSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNResourcesSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CompanhiaBrasileiraDeLatasMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CompanhiaBrasileiraDeLatasMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CompanhiaDeEmbalagensMetalicasMMSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CompanhiaDeEmbalagensMetalicasMMSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CompanhiaDeEmbalagensMetalicasMTMMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CompanhiaDeEmbalagensMetalicasMTMMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNSteelHoldings1SLUMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNSteelHoldings1SLUMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNProductosSiderurgicosSLMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNProductosSiderurgicosSLMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_StalhwerkThuringenGmbHMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:StalhwerkThuringenGmbHMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNSteelSectionsUKLimitedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNSteelSectionsUKLimitedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNSteelSectionsPolskaSpZooMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNSteelSectionsPolskaSpZooMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNMiningHoldingSLMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNMiningHoldingSLMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNMiningGmbHMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNMiningGmbHMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNMiningAsiaLimitedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNMiningAsiaLimitedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_LusosiderIbericaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:LusosiderIbericaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSMiningPortugalUnipessoalLdaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSMiningPortugalUnipessoalLdaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CompanhiaSiderurgicaNacionalLLCMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CompanhiaSiderurgicaNacionalLLCMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNCimentosSA1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNCimentosSA1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ItaEnergeticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:ItaEnergeticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ConsorcioDaUsinaHidreletricaDeIgarapavaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:ConsorcioDaUsinaHidreletricaDeIgarapavaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MRSLogisticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:MRSLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_AcerosDelOrinocoSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:AcerosDelOrinocoSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_TransnordestinaLogisticaSAMember979495614">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:TransnordestinaLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_EquimacSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:EquimacSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MRSLogisticaSA1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:MRSLogisticaSA1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ArvediMetalferDoBrasilSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">sid:ArvediMetalferDoBrasilSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:UnconsolidatedStructuredEntitiesAxis">sid:DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:UnconsolidatedStructuredEntitiesAxis">sid:CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:UnconsolidatedStructuredEntitiesAxis">sid:VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSNIslandsVIICorpMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNIslandsVIICorpMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSNInovaVenturesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNInovaVenturesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSNIslandsXIICorpMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNIslandsXIICorpMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSNSteelSLUMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNSteelSLUMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_TdBBSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:TdBBSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_SepetibaTeconSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:SepetibaTeconSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_MineriosNacionalSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:MineriosNacionalSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CompanhiaFlorestaldoBrasilMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CompanhiaFlorestaldoBrasilMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_EstanhoDeRondoniaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:EstanhoDeRondoniaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CompanhiaMetalurgicaPradaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CompanhiaMetalurgicaPradaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSNMineracaoSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSNEnergiaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNEnergiaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_FTLFerroviaTransnordestinaLogisticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:FTLFerroviaTransnordestinaLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_NordesteLogisticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:NordesteLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSNInovaLtdMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNInovaLtdMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSNEquipamentosSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNEquipamentosSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_LusosiderProjectosSiderurgicosSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:LusosiderProjectosSiderurgicosSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_LusosiderAcosPlanosSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:LusosiderAcosPlanosSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSNResourcesSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNResourcesSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CompanhiaBrasileiraDeLatasMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CompanhiaBrasileiraDeLatasMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CompanhiaDeEmbalagensMetalicasMMSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CompanhiaDeEmbalagensMetalicasMMSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CompanhiaDeEmbalagensMetalicasMTMMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CompanhiaDeEmbalagensMetalicasMTMMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSNSteelHoldings1SLUMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNSteelHoldings1SLUMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSNProductosSiderurgicosSLMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNProductosSiderurgicosSLMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_StalhwerkThuringenGmbHMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:StalhwerkThuringenGmbHMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSNSteelSectionsUKLimitedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNSteelSectionsUKLimitedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSNSteelSectionsPolskaSpZooMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNSteelSectionsPolskaSpZooMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSNMiningHoldingSLMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNMiningHoldingSLMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSNMiningGmbHMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNMiningGmbHMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSNMiningAsiaLimitedMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNMiningAsiaLimitedMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_LusosiderIbericaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:LusosiderIbericaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSMiningPortugalUnipessoalLdaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSMiningPortugalUnipessoalLdaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CompanhiaSiderurgicaNacionalLLCMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CompanhiaSiderurgicaNacionalLLCMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_ItaEnergeticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:ItaEnergeticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_ConsorcioDaUsinaHidreletricaDeIgarapavaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:ConsorcioDaUsinaHidreletricaDeIgarapavaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_MRSLogisticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:MRSLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_AcerosDelOrinocoSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:AcerosDelOrinocoSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_TransnordestinaLogisticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:TransnordestinaLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_EquimacSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:EquimacSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_MRSLogisticaSA1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:MRSLogisticaSA1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_ArvediMetalferDoBrasilSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">sid:ArvediMetalferDoBrasilSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:UnconsolidatedStructuredEntitiesAxis">sid:DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:UnconsolidatedStructuredEntitiesAxis">sid:CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:UnconsolidatedStructuredEntitiesAxis">sid:VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_MRSLogisticaSA1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:MRSLogisticaSA1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_FairValueMRSLogisticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:FairValueMRSLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_FairValueTransnordestinaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:FairValueTransnordestinaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_JointVentureAndJointOperationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:JointVentureAndJointOperationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_AssociatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ifrs-full:AssociatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_PanatlanticaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:PanatlanticaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ClassifiedAtFairValueThroughProfitOrLossMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:ClassifiedAtFairValueThroughProfitOrLossMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_OtherInvestmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:OtherInvestmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TotalOtherInvestmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:TotalOtherInvestmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TotalInvestmentsInAffillatedCompaniesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:TotalInvestmentsInAffillatedCompaniesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_InvestmentsPropertiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:InvestmentsPropertiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TotalInvestmentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:TotalInvestmentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MRSLogisticaSA1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:MRSLogisticaSA1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_FairValueMRSLogisticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:FairValueMRSLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_FairValueTransnordestinaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:FairValueTransnordestinaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_EquimacSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:EquimacSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_JointVentureAndJointOperationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:JointVentureAndJointOperationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ArvediMetalferDoBrasilSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">sid:ArvediMetalferDoBrasilSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_AssociatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ifrs-full:AssociatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_PanatlanticaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:PanatlanticaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ClassifiedAtFairValueThroughProfitOrLossMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:ClassifiedAtFairValueThroughProfitOrLossMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_OtherInvestmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:OtherInvestmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_TotalOtherInvestmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:TotalOtherInvestmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_TotalInvestmentsInAffillatedCompaniesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:TotalInvestmentsInAffillatedCompaniesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_InvestmentsPropertiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:InvestmentsPropertiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_TotalInvestmentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:TotalInvestmentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_FairValueMRSLogisticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:FairValueMRSLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_JointVentureAndJointOperationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:JointVentureAndJointOperationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_AssociatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ifrs-full:AssociatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_EliminationsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:EliminationsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_OtherInvestmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:OtherInvestmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_TotalOtherInvestmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:TotalOtherInvestmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_FairValueMRSLogisticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:FairValueMRSLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_JointVentureAndJointOperationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:JointVentureAndJointOperationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_AssociatesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">ifrs-full:AssociatesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_EliminationsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:EliminationsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_OtherInvestmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:OtherInvestmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_TotalOtherInvestmentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:TotalOtherInvestmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_TotalEquityInResultsOfaffillatedCompaniesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:TotalEquityInResultsOfaffillatedCompaniesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_MRSLogisticaSAMember890302713">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">sid:MRSLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember890324787">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">sid:CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_TransnordestinaLogisticaSAMember890351120">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">sid:TransnordestinaLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_OtherInvestmentMember890413755">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">sid:OtherInvestmentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MRSLogisticaSAMember890448652">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">sid:MRSLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_TransnordestinaLogisticaSAMember890470789">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">sid:TransnordestinaLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_EquimacSAMember890493736">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">sid:EquimacSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ItaEnergeticaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:ItaEnergeticaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_MRSLogisticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:MRSLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ItaEnergeticaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:ItaEnergeticaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ItaEnergeticaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:ItaEnergeticaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CBSIMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:CBSIMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_ItaEnergeticaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:ItaEnergeticaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_LandMember979725591">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfInvestmentPropertyAxis">ifrs-full:LandMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_LandMember979725606">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfInvestmentPropertyAxis">ifrs-full:LandMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LandMember979725637">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfInvestmentPropertyAxis">ifrs-full:LandMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember979725637">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfInvestmentPropertyAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_BuildingsMember979725669">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfInvestmentPropertyAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_BuildingsMember979725684">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfInvestmentPropertyAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_LandMember979725715">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfInvestmentPropertyAxis">ifrs-full:LandMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_LandMember979725731">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfInvestmentPropertyAxis">ifrs-full:LandMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember979725747">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfInvestmentPropertyAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_BuildingsMember979725762">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfInvestmentPropertyAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CashFlowProjectionOneMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:MeasurementOfRecoverableValueAxis">sid:CashFlowProjectionOneMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CashFlowProjectionTwoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:MeasurementOfRecoverableValueAxis">sid:CashFlowProjectionTwoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CashFlowProjectionThreeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:MeasurementOfRecoverableValueAxis">sid:CashFlowProjectionThreeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CashFlowProjectiFourMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:MeasurementOfRecoverableValueAxis">sid:CashFlowProjectiFourMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PaidInCapitalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">sid:PaidInCapitalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_PaidInCapitalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">sid:PaidInCapitalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_PaidInCapitalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">sid:PaidInCapitalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-12-31_custom_PaidInCapitalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">sid:PaidInCapitalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_PaidInCapitalMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">sid:PaidInCapitalMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_CapitalReserveMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:CapitalReserveMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_CapitalReserveMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:CapitalReserveMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CapitalReserveMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:CapitalReserveMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_ifrs-full_CapitalReserveMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:CapitalReserveMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-12-31_ifrs-full_CapitalReserveMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:CapitalReserveMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_CapitalReserveMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:CapitalReserveMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_MiscellaneousOtherReservesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:MiscellaneousOtherReservesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_MiscellaneousOtherReservesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:MiscellaneousOtherReservesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_MiscellaneousOtherReservesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:MiscellaneousOtherReservesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_ifrs-full_MiscellaneousOtherReservesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:MiscellaneousOtherReservesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_MiscellaneousOtherReservesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:MiscellaneousOtherReservesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_RetainedEarningsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:RetainedEarningsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_RetainedEarningsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:RetainedEarningsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_ifrs-full_RetainedEarningsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:RetainedEarningsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-12-31_ifrs-full_RetainedEarningsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:RetainedEarningsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:EquityAttributableToOwnersOfParentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:EquityAttributableToOwnersOfParentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:EquityAttributableToOwnersOfParentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:EquityAttributableToOwnersOfParentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:EquityAttributableToOwnersOfParentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:EquityAttributableToOwnersOfParentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_NoncontrollingInterestsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:NoncontrollingInterestsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_NoncontrollingInterestsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:NoncontrollingInterestsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_NoncontrollingInterestsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:NoncontrollingInterestsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-01-01to2018-12-31_ifrs-full_NoncontrollingInterestsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:NoncontrollingInterestsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-01-01</xbrli:startDate>
        <xbrli:endDate>2018-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2017-12-31_ifrs-full_NoncontrollingInterestsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:NoncontrollingInterestsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2017-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_NoncontrollingInterestsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:NoncontrollingInterestsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_MiscellaneousOtherReservesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:MiscellaneousOtherReservesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_RetainedEarningsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:RetainedEarningsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:AccumulatedOtherComprehensiveIncomeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:EquityAttributableToOwnersOfParentMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_NoncontrollingInterestsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ComponentsOfEquityAxis">ifrs-full:NoncontrollingInterestsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-11-12to2019-11-13_custom_FTLFERROVIATRANSNORDESTINALOGiSTICASAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:LegalEntityOneAxis">sid:FTLFerroviaTransnordestinaLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-11-12</xbrli:startDate>
        <xbrli:endDate>2019-11-13</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-11-12to2019-11-13_custom_FtlFerroviaTransnordestionaLogisticAsaMember_ifrs-full_BottomOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:LegalEntityOneAxis">sid:FtlFerroviaTransnordestionaLogisticAsaMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-11-12</xbrli:startDate>
        <xbrli:endDate>2019-11-13</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-11-12to2019-11-13_custom_FtlFerroviaTransnordestionaLogisticAsaMember_ifrs-full_TopOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:LegalEntityOneAxis">sid:FtlFerroviaTransnordestionaLogisticAsaMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:TopOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-11-12</xbrli:startDate>
        <xbrli:endDate>2019-11-13</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2015-11-30_custom_MRSMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:LegalEntityOneAxis">sid:MRSMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2015-11-30</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2015-11-29to2015-11-30_custom_CSNMINERACAOSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:LegalEntityOneAxis">sid:CSNMineracaoSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2015-11-29</xbrli:startDate>
        <xbrli:endDate>2015-11-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CKTRBrasilServicosLtdaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:LegalEntityOneAxis">sid:CKTRBrasilServicosLtdaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-11-28to2019-11-29_custom_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-11-28</xbrli:startDate>
        <xbrli:endDate>2019-11-29</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-11-29_custom_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-11-29</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_ENGIEBrasilEnergiaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:LegalEntityOneAxis">sid:ENGIEBrasilEnergiaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MRSLOGISTICASAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:LegalEntityOneAxis">sid:MRSLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CONSORCIODAUSINAHIDRELETRICADEIGARAPAVAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:LegalEntityOneAxis">sid:ConsorcioDaUsinaHidreletricaDeIgarapavaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_ConsorcioDaUsinaHidreletricaDeIgarapavaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:LegalEntityOneAxis">sid:ConsorcioDaUsinaHidreletricaDeIgarapavaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_EQUIMACSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:EquimacSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PANATLANTICASAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:PANATLANTICASAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ARVEDIMETALFERDOBRASILSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:ArvediMetalferDoBrasilSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_DefinedBenefitPlanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:DefinedBenefitPlanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PlanCoveringThirtyFivePercentOfTheAverageSalaryMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:PlanCoveringThirtyFivePercentOfTheAverageSalaryMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_AverageSalarySupplementationPlanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:AverageSalarySupplementationPlanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:AverageSalarySupplementationPlanMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_ifrs-full_NotLaterThanOneYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DefinedBenefitPlansAxis">sid:MixedSupplementaryBenefitPlanMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CommonSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:CommonSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_PreferredSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:PreferredSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-05-01to2019-05-31_custom_ClassBPreferredSharesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfShareCapitalAxis">sid:ClassBPreferredSharesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-05-01</xbrli:startDate>
        <xbrli:endDate>2019-05-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_TransLogisticaSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:TransLogisticaSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_LandMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_BuildingsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_MachineryMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:ConstructionInProgressMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_BuildingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_MachineryMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:FixturesAndFittingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_BrandNamesMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_BrandNamesMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_OtherIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:OtherIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_ifrs-full_OtherIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:OtherIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_GoodwillMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:CustomerrelatedIntangibleAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:TechnologybasedIntangibleAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_BrandNamesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_LicencesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:LicencesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_OtherIntangibleAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:OtherIntangibleAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_GoodwillMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:CustomerrelatedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:TechnologybasedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_BrandNamesMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_LicencesMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:LicencesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_OtherIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:OtherIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:GrossCarryingAmountMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_GoodwillMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:CustomerrelatedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:TechnologybasedIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_BrandNamesMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_BrandNamesMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:BrandNamesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_LicencesMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:LicencesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_ifrs-full_OtherIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:OtherIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_OtherIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:OtherIntangibleAssetsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">ifrs-full:AccumulatedDepreciationAndAmortisationMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_GoodwillMember_custom_AdjustmentForAccumulatedRecoverableValueMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfIntangibleAssetsOtherThanGoodwillAxis">ifrs-full:GoodwillMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">sid:AdjustmentForAccumulatedRecoverableValueMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_AdjustmentForAccumulatedRecoverableValueMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis">sid:AdjustmentForAccumulatedRecoverableValueMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_PackagingMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis">sid:PackagingMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_NationalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:NationalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_ForeignCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_ForeignCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_custom_ForeignCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_custom_ForeignCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LaterThanSixYearsAndNotLaterThanSevenYearsMember_custom_ForeignCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:LaterThanSixYearsAndNotLaterThanSevenYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_AfterSixYearsMember_custom_ForeignCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:AfterSixYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_PerpetualBondsMember_custom_ForeignCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:PerpetualBondsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:ForeignCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_NationalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:NationalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_custom_NationalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:NationalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_custom_NationalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:NationalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LaterThanFiveYearsAndNotLaterThanSixYearsMember_custom_NationalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:LaterThanFiveYearsAndNotLaterThanSixYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:NationalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LaterThanSixYearsAndNotLaterThanSevenYearsMember_custom_NationalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:LaterThanSixYearsAndNotLaterThanSevenYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:NationalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_AfterSixYearsMember_custom_NationalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:AfterSixYearsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:NationalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_NationalCurrencyMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:TypeOfFunctionalCurrencyAxis">sid:NationalCurrencyMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_DerivativesMember1030854637">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">ifrs-full:DerivativesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_FinancialInvestmentes1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:FinancialInvestmentes1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_FinancialInvestmentes1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:FinancialInvestmentes1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_Derivatives1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:Derivatives1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_Derivatives1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:Derivatives1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_InvestmentProperty1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:InvestmentProperty1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_InvestmentProperty1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialAssetsAxis">sid:InvestmentProperty1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateSwapDollarEuroMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateAwapCDIDollarMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">sid:ExchangeRateAwapCDIDollarMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_DerivativesMember_ifrs-full_NotLaterThanOneYearMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">ifrs-full:DerivativesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:NotLaterThanOneYearMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_DerivativesMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">ifrs-full:DerivativesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_DerivativesMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">ifrs-full:DerivativesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanTwoYearsAndNotLaterThanFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_ifrs-full_DerivativesMember_ifrs-full_LaterThanFiveYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">ifrs-full:DerivativesMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">ifrs-full:LaterThanFiveYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-09-01to2019-09-30_ifrs-full_CurrencyRiskMember_ifrs-full_CurrencySwapContractMember_country_US">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfRisksAxis">ifrs-full:CurrencyRiskMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:HedgingInstrumentsAxis">ifrs-full:CurrencySwapContractMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">country:US</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-09-01</xbrli:startDate>
        <xbrli:endDate>2019-09-30</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_NonDerivativeFinancialLiabilitiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialLiabilitiesAxis">sid:NonDerivativeFinancialLiabilitiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-02-21to2021-02-22_custom_EventAfterReportingPeriodMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:NonadjustingEventsAfterReportingPeriodAxis">sid:EventAfterReportingPeriodMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-02-21</xbrli:startDate>
        <xbrli:endDate>2021-02-22</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-02-22_custom_EventAfterReportingPeriodMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:NonadjustingEventsAfterReportingPeriodAxis">sid:EventAfterReportingPeriodMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-02-22</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-02-16to2021-02-17_custom_EventAfterReportingPeriodMember_custom_CSNMineracaoSAMember_ifrs-full_TopOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:NonadjustingEventsAfterReportingPeriodAxis">sid:EventAfterReportingPeriodMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoSAMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:TopOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-02-16</xbrli:startDate>
        <xbrli:endDate>2021-02-17</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-30to2021-01-31_custom_EventAfterReportingPeriodMember_custom_ExportPrepaymentContractsMember_currency_USD">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:NonadjustingEventsAfterReportingPeriodAxis">sid:EventAfterReportingPeriodMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:ExportPrepaymentContractsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-30</xbrli:startDate>
        <xbrli:endDate>2021-01-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2021-01-31_custom_EventAfterReportingPeriodMember_custom_ExportPrepaymentContractsMember_currency_USD">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:NonadjustingEventsAfterReportingPeriodAxis">sid:EventAfterReportingPeriodMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:ExportPrepaymentContractsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2021-01-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-30to2021-01-31_custom_EventAfterReportingPeriodMember_custom_NCEMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:NonadjustingEventsAfterReportingPeriodAxis">sid:EventAfterReportingPeriodMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:NCEMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-30</xbrli:startDate>
        <xbrli:endDate>2021-01-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2021-01-30to2021-01-31_custom_EventAfterReportingPeriodMember_custom_DebenturesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:NonadjustingEventsAfterReportingPeriodAxis">sid:EventAfterReportingPeriodMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfFinancialInstrumentsAxis">sid:DebenturesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2021-01-30</xbrli:startDate>
        <xbrli:endDate>2021-01-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_InsuranceContractsIssuedMember_ifrs-full_TopOfRangeMember_currency_USD">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DisaggregationOfInsuranceContractsAxis">ifrs-full:InsuranceContractsIssuedMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:TopOfRangeMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_ifrs-full_InsuranceContractsIssuedMember_currency_USD">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:DisaggregationOfInsuranceContractsAxis">ifrs-full:InsuranceContractsIssuedMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_LaterThanFourYearsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:MaturityAxis">sid:LaterThanFourYearsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_DerivativeFinancialInstrumentsMember1050369536">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfLiabilitiesAxis">sid:DerivativeFinancialInstrumentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_CSNMineracaoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:CurrencyAxisSignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_CSNMineracaoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:CurrencyAxisSignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-07-30to2020-07-31_custom_CSNMineracaoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:CurrencyAxisSignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-07-30</xbrli:startDate>
        <xbrli:endDate>2020-07-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-08-28_currency_USD_custom_CSNMineracaoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="srt:CurrencyAxis">currency:USD</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="sid:CurrencyAxisSignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-08-28</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-08-28_custom_CSNMineracaoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:CurrencyAxisSignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-08-28</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-08-27to2020-08-28_custom_CSNMineracaoMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:CurrencyAxisSignificantInvestmentsInSubsidiariesAxis">sid:CSNMineracaoMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-08-27</xbrli:startDate>
        <xbrli:endDate>2020-08-28</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_OperationalFacilitiesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">sid:OperationalFacilitiesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_AdministrativeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">sid:AdministrativeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_SalesOfficesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">sid:SalesOfficesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_OperatingEquipmentMember_ifrs-full_BottomOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">sid:OperatingEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:BottomOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_OperatingEquipmentMember_ifrs-full_TopOfRangeMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">sid:OperatingEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:RangeAxis">ifrs-full:TopOfRangeMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_CurrentTradePayablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:AssetsAndLiabilitiesAxis">sid:CurrentTradePayablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_NonCurrentTradePayablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:AssetsAndLiabilitiesAxis">sid:NonCurrentTradePayablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_CurrentTradePayablesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:AssetsAndLiabilitiesAxis">sid:CurrentTradePayablesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_GainUponLossOfControlInTransnordestinaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:GainUponLossOfControlInTransnordestinaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_GainUponLossOfControlInTransnordestinaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:GainUponLossOfControlInTransnordestinaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_GainsLossesOnFinancialInstrumentsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:GainsLossesOnFinancialInstrumentsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_custom_GainUponLossOfControlInTransnordestinaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:DeferredTaxAssetLiabilityAxis">sid:GainUponLossOfControlInTransnordestinaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2018-12-26to2018-12-27_custom_MVRMember_custom_NewAgreementMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInSubsidiariesAxis">sid:MVRMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:TypesOfContractsAxis">sid:NewAgreementMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2018-12-26</xbrli:startDate>
        <xbrli:endDate>2018-12-27</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_VicunhaAcosSAMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:CategoriesOfOtherRelatedPartiesAxis">sid:VicunhaAcosSAMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_FairValueTransnordestinaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:FairValueTransnordestinaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_FairValueTransnordestinaMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:FairValueTransnordestinaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_ConsorcioDaUsinaHidreletricaDeIgarapavaMember1085841963">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:LegalEntityOneAxis">sid:ConsorcioDaUsinaHidreletricaDeIgarapavaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_ConsorcioDaUsinaHidreletricaDeIgarapavaMember1085924238">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="sid:LegalEntityOneAxis">sid:ConsorcioDaUsinaHidreletricaDeIgarapavaMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_TotalEquityInResultsOfaffillatedCompaniesMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:CategoriesOfFinancialAssetsAxis">sid:TotalEquityInResultsOfaffillatedCompaniesMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:LandMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:BuildingsMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:MachineryMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfPropertyPlantAndEquipmentAxis">ifrs-full:OtherPropertyPlantAndEquipmentMember</xbrldi:explicitMember>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2018-12-31_ifrs-full_RightofuseAssetsMember">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:ClassesOfAssetsAxis">ifrs-full:RightofuseAssetsMember</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2018-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_TransnordestinaLogisticaSA1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:TransnordestinaLogisticaSA1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2019-12-31_custom_TransnordestinaLogisticaSA1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:TransnordestinaLogisticaSA1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2019-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2019-01-01to2019-12-31_custom_TransnordestinaLogisticaSA1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:TransnordestinaLogisticaSA1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2019-01-01</xbrli:startDate>
        <xbrli:endDate>2019-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_TransnordestinaLogisticaSA1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:TransnordestinaLogisticaSA1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="From2020-01-01to2020-12-31_custom_EquimacSA1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:SignificantInvestmentsInAssociatesAxis">sid:EquimacSA1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-01-01</xbrli:startDate>
        <xbrli:endDate>2020-12-31</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:context id="AsOf2020-12-31_custom_EquimacSA1Member">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0001049659</xbrli:identifier>
        <xbrli:segment>
          <xbrldi:explicitMember dimension="ifrs-full:JointOperationsAxis">sid:EquimacSA1Member</xbrldi:explicitMember>
        </xbrli:segment>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:instant>2020-12-31</xbrli:instant>
      </xbrli:period>
    </xbrli:context>
    <xbrli:unit id="BRL_USD">
      <xbrli:measure>iso4217:USD</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="Shares">
      <xbrli:measure>xbrli:shares</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="USDPShares">
      <xbrli:divide>
        <xbrli:unitNumerator>
          <xbrli:measure>iso4217:USD</xbrli:measure>
        </xbrli:unitNumerator>
        <xbrli:unitDenominator>
          <xbrli:measure>xbrli:shares</xbrli:measure>
        </xbrli:unitDenominator>
      </xbrli:divide>
    </xbrli:unit>
    <xbrli:unit id="BRL">
      <xbrli:measure>iso4217:BRL</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="BRLPShares">
      <xbrli:divide>
        <xbrli:unitNumerator>
          <xbrli:measure>iso4217:BRL</xbrli:measure>
        </xbrli:unitNumerator>
        <xbrli:unitDenominator>
          <xbrli:measure>xbrli:shares</xbrli:measure>
        </xbrli:unitDenominator>
      </xbrli:divide>
    </xbrli:unit>
    <xbrli:unit id="Pure">
      <xbrli:measure>xbrli:pure</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="N">
      <xbrli:measure>sid:Numnber</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="MillionsTons">
      <xbrli:measure>sid:MillionsTons</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="BRL_Participants">
      <xbrli:measure>sid:Participants</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="BRL_ExchangeRate">
      <xbrli:measure>sid:ExchangeRate</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="BRL_Euro">
      <xbrli:measure>iso4217:EUR</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="BRL_Ton">
      <xbrli:measure>utr:T</xbrli:measure>
    </xbrli:unit>
    <sid:NumberOfOperatingActivities contextRef="From2020-01-01to2020-12-31" unitRef="N" decimals="INF">5</sid:NumberOfOperatingActivities>
    <ifrs-full:InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod contextRef="AsOf2020-12-31_ifrs-full_MiningPropertyMember" unitRef="BRL" decimals="-3">250000000</ifrs-full:InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod>
    <ifrs-full:InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">3535906000</ifrs-full:InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod>
    <ifrs-full:InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">3482974000</ifrs-full:InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod>
    <ifrs-full:InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod contextRef="AsOf2018-12-31" unitRef="BRL" decimals="-3">5630613000</ifrs-full:InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod>
    <sid:SelfSufficientInstalledCapacity contextRef="From2020-01-01to2020-12-31" unitRef="N" decimals="INF">9000</sid:SelfSufficientInstalledCapacity>
    <sid:SelfSufficientInstalledCapacity contextRef="From2020-01-01to2020-12-31_custom_CementMember" unitRef="N" decimals="INF">4700</sid:SelfSufficientInstalledCapacity>
    <sid:AmortizationOfLoansAndFinancing contextRef="From2020-01-01to2020-12-31_custom_EventsAfterReportingPeriodMember" unitRef="BRL" decimals="-3">4200000000</sid:AmortizationOfLoansAndFinancing>
    <ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">6448658000</ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities contextRef="From2020-01-01to2020-12-31_custom_EventsAfterReportingPeriodMember" unitRef="BRL" decimals="-3">8400000000</ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">11775093000</ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">5019978000</ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities contextRef="From2020-01-01to2020-12-31_custom_PrepaymentMember" unitRef="BRL" decimals="-3">1028606000</ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities contextRef="From2020-01-01to2020-12-31_custom_BondsPerpetualBondsACCAndFacilityMember" unitRef="BRL" decimals="-3">4458888000</ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities contextRef="From2020-01-01to2020-12-31_custom_BNDESFINAMEDebenturesNCEAndCCBMember" unitRef="BRL" decimals="-3">961164000</ifrs-full:RepaymentsOfBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:BorrowingsMaturity contextRef="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_TransnordestinaLogisticaSAMember_custom_LocalCurrencyMember">Up to 09/19/2056 and Indefinite</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_FTLFerroviaTransnordestinaMember_custom_LocalCurrencyMember">Up to 04/01/2021</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_CiaMetalurgicaPradaMember_custom_LocalCurrencyMember">Indefinite</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_CSNEnergiaMember_custom_LocalCurrencyMember">Up to 11/26/2023 and indefinite</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_CSNMineracaoMember_custom_LocalCurrencyMember">Up to 12/21/2024</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_EstanhoDeRondoniaMember_custom_LocalCurrencyMember">7/15/2022</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_MineriosNacionalSAMember_custom_LocalCurrencyMember">Up to 09/10/2021</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_CSNIslandsXIIMember_custom_ForeignCurrencyMember_currency_USD">Perpetual</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_CSNResourcesMember_custom_ForeignCurrencyMember_currency_USD">Up to 04/17/2026</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="From2020-01-01to2020-12-31_ifrs-full_GuaranteesMember_custom_CSNInovaVenturesMember_custom_ForeignCurrencyMember_currency_USD">1/28/2028</ifrs-full:BorrowingsMaturity>
    <ifrs-full:BorrowingsMaturity contextRef="From2021-01-30to2021-01-31_custom_EventAfterReportingPeriodMember_custom_ExportPrepaymentContractsMember_currency_USD">2022</ifrs-full:BorrowingsMaturity>
    <sid:Liquidity contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">4155000000</sid:Liquidity>
    <sid:AccumulatedLosses contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1190000000</sid:AccumulatedLosses>
    <sid:AccumulatedLosses contextRef="From2020-03-01to2020-03-31" unitRef="BRL" decimals="-3">962000000</sid:AccumulatedLosses>
    <ifrs-full:BalancesWithBanks contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">4144467000</ifrs-full:BalancesWithBanks>
    <ifrs-full:BalancesWithBanks contextRef="AsOf2020-12-31_country_BR" unitRef="BRL" decimals="-3">245185000</ifrs-full:BalancesWithBanks>
    <ifrs-full:BalancesWithBanks contextRef="AsOf2020-12-31_custom_AbroadMember" unitRef="BRL" decimals="-3">3899282000</ifrs-full:BalancesWithBanks>
    <ifrs-full:BalancesWithBanks contextRef="AsOf2019-12-31_country_BR" unitRef="BRL" decimals="-3">42736000</ifrs-full:BalancesWithBanks>
    <ifrs-full:BalancesWithBanks contextRef="AsOf2019-12-31_custom_AbroadMember" unitRef="BRL" decimals="-3">454033000</ifrs-full:BalancesWithBanks>
    <ifrs-full:BalancesWithBanks contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">496769000</ifrs-full:BalancesWithBanks>
    <ifrs-full:ShorttermInvestmentsClassifiedAsCashEquivalents contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">5800119000</ifrs-full:ShorttermInvestmentsClassifiedAsCashEquivalents>
    <ifrs-full:ShorttermInvestmentsClassifiedAsCashEquivalents contextRef="AsOf2020-12-31_country_BR" unitRef="BRL" decimals="-3">5800119000</ifrs-full:ShorttermInvestmentsClassifiedAsCashEquivalents>
    <ifrs-full:ShorttermInvestmentsClassifiedAsCashEquivalents contextRef="AsOf2019-12-31_country_BR" unitRef="BRL" decimals="-3">531924000</ifrs-full:ShorttermInvestmentsClassifiedAsCashEquivalents>
    <ifrs-full:ShorttermInvestmentsClassifiedAsCashEquivalents contextRef="AsOf2019-12-31_custom_AbroadMember" unitRef="BRL" decimals="-3">60262000</ifrs-full:ShorttermInvestmentsClassifiedAsCashEquivalents>
    <ifrs-full:ShorttermInvestmentsClassifiedAsCashEquivalents contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">592186000</ifrs-full:ShorttermInvestmentsClassifiedAsCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">9944586000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">1088955000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2018-12-31" unitRef="BRL" decimals="-3">2248004000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="BRL" decimals="-3">1390000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565" unitRef="BRL" decimals="-3">17166000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2017-12-31" unitRef="BRL" decimals="-3">3411572000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">1206484000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2020-12-31_custom_EquimacSAMember" unitRef="BRL" decimals="-3">1351000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">48919000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">670296000</ifrs-full:CashAndCashEquivalents>
    <ifrs-full:CashAndCashEquivalents contextRef="AsOf2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">65793000</ifrs-full:CashAndCashEquivalents>
    <sid:FinancialInvestmentCurrent contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">3783362000</sid:FinancialInvestmentCurrent>
    <sid:FinancialInvestmentCurrent contextRef="From2020-01-01to2020-12-31_custom_InvestmentMember" unitRef="BRL" id="Foot-00-0" decimals="-3">478253000</sid:FinancialInvestmentCurrent>
    <sid:FinancialInvestmentCurrent contextRef="From2019-01-01to2019-12-31_custom_UsiminasSharesMember" unitRef="BRL" id="Foot-01-0" decimals="-3">2114620000</sid:FinancialInvestmentCurrent>
    <sid:FinancialInvestmentCurrent contextRef="From2019-01-01to2019-12-31_custom_BondMember" unitRef="BRL" id="Foot-02-0" xsi:nil="true" />
    <sid:FinancialInvestmentCurrent contextRef="From2019-01-01to2019-12-31_custom_InvestmentMember" unitRef="BRL" id="Foot-00-1" decimals="-3">518553000</sid:FinancialInvestmentCurrent>
    <sid:FinancialInvestmentCurrent contextRef="From2020-01-01to2020-12-31_custom_UsiminasSharesMember" unitRef="BRL" id="Foot-01-1" decimals="-3">3305109000</sid:FinancialInvestmentCurrent>
    <sid:FinancialInvestmentCurrent contextRef="From2020-01-01to2020-12-31_custom_BondMember" unitRef="BRL" id="Foot-02-1" xsi:nil="true" />
    <sid:FinancialInvestmentCurrent contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">2633173000</sid:FinancialInvestmentCurrent>
    <sid:FinancialInvestmentNonCurrent contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">123409000</sid:FinancialInvestmentNonCurrent>
    <sid:FinancialInvestmentNonCurrent contextRef="From2019-01-01to2019-12-31_custom_BondMember" unitRef="BRL" id="Foot-02-2" decimals="-3">95719000</sid:FinancialInvestmentNonCurrent>
    <sid:FinancialInvestmentNonCurrent contextRef="From2020-01-01to2020-12-31_custom_BondMember" unitRef="BRL" id="Foot-02-3" decimals="-3">123409000</sid:FinancialInvestmentNonCurrent>
    <sid:FinancialInvestmentNonCurrent contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">95719000</sid:FinancialInvestmentNonCurrent>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">-228348000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">-245194000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets contextRef="AsOf2018-12-31" unitRef="BRL" decimals="-3">-237352000</ifrs-full:AllowanceAccountForCreditLossesOfFinancialAssets>
    <sid:GrossTradeReceivable contextRef="AsOf2019-12-31_custom_ThirdPartiesMember_ifrs-full_CountryOfDomicileMember" unitRef="BRL" decimals="-3">1118632000</sid:GrossTradeReceivable>
    <sid:GrossTradeReceivable contextRef="AsOf2019-12-31_custom_ThirdPartiesMember_ifrs-full_ForeignCountriesMember" unitRef="BRL" decimals="-3">1003905000</sid:GrossTradeReceivable>
    <sid:GrossTradeReceivable contextRef="AsOf2019-12-31_custom_ThirdPartiesMember" unitRef="BRL" decimals="-3">2122537000</sid:GrossTradeReceivable>
    <sid:GrossTradeReceivable contextRef="AsOf2020-12-31_custom_ThirdPartiesMember_ifrs-full_CountryOfDomicileMember" unitRef="BRL" decimals="-3">910657000</sid:GrossTradeReceivable>
    <sid:GrossTradeReceivable contextRef="AsOf2020-12-31_custom_ThirdPartiesMember_ifrs-full_ForeignCountriesMember" unitRef="BRL" decimals="-3">2063867000</sid:GrossTradeReceivable>
    <sid:GrossTradeReceivable contextRef="AsOf2020-12-31_custom_ThirdPartiesMember1071185997" unitRef="BRL" decimals="-3">2974524000</sid:GrossTradeReceivable>
    <sid:GrossTradeReceivable contextRef="AsOf2019-12-31_custom_ThirdPartiesMember_ifrs-full_CurrentMember" unitRef="BRL" decimals="-3">1739746000</sid:GrossTradeReceivable>
    <sid:GrossTradeReceivable contextRef="AsOf2019-12-31_custom_ThirdPartiesMember_custom_NotLaterThanOneMonthsMember" unitRef="BRL" decimals="-3">132845000</sid:GrossTradeReceivable>
    <sid:GrossTradeReceivable contextRef="AsOf2019-12-31_custom_ThirdPartiesMember_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" unitRef="BRL" decimals="-3">23877000</sid:GrossTradeReceivable>
    <sid:GrossTradeReceivable contextRef="AsOf2019-12-31_custom_ThirdPartiesMember_ifrs-full_LaterThanThreeMonthsMember" unitRef="BRL" decimals="-3">226069000</sid:GrossTradeReceivable>
    <sid:GrossTradeReceivable contextRef="AsOf2020-12-31_custom_ThirdPartiesMember_ifrs-full_CurrentMember" unitRef="BRL" decimals="-3">2537567000</sid:GrossTradeReceivable>
    <sid:GrossTradeReceivable contextRef="AsOf2020-12-31_custom_ThirdPartiesMember_custom_NotLaterThanOneMonthsMember" unitRef="BRL" decimals="-3">222972000</sid:GrossTradeReceivable>
    <sid:GrossTradeReceivable contextRef="AsOf2020-12-31_custom_ThirdPartiesMember_ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" unitRef="BRL" decimals="-3">17915000</sid:GrossTradeReceivable>
    <sid:GrossTradeReceivable contextRef="AsOf2020-12-31_custom_ThirdPartiesMember_ifrs-full_LaterThanThreeMonthsMember" unitRef="BRL" decimals="-3">196070000</sid:GrossTradeReceivable>
    <ifrs-full:TradeReceivables contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">2867352000</ifrs-full:TradeReceivables>
    <ifrs-full:TradeReceivables contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">2047931000</ifrs-full:TradeReceivables>
    <ifrs-full:TradeReceivables contextRef="AsOf2019-12-31_custom_RelatedPartieMember" unitRef="BRL" decimals="-3">170588000</ifrs-full:TradeReceivables>
    <ifrs-full:TradeReceivables contextRef="AsOf2020-12-31_custom_RelatedPartieMember" unitRef="BRL" decimals="-3">121176000</ifrs-full:TradeReceivables>
    <sid:ExpectedAllowanceAccountForCreditLossesOfFinancialAssets contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">7513000</sid:ExpectedAllowanceAccountForCreditLossesOfFinancialAssets>
    <sid:ExpectedAllowanceAccountForCreditLossesOfFinancialAssets contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-43313000</sid:ExpectedAllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:ReversalAllowanceAccountForCreditLossesOfFinancialAssets contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">9333000</ifrs-full:ReversalAllowanceAccountForCreditLossesOfFinancialAssets>
    <ifrs-full:ReversalAllowanceAccountForCreditLossesOfFinancialAssets contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">35471000</ifrs-full:ReversalAllowanceAccountForCreditLossesOfFinancialAssets>
    <sid:InventoryGrossAmount contextRef="AsOf2019-12-31_custom_FinishedGoodsMember" unitRef="BRL" decimals="-3">1691842000</sid:InventoryGrossAmount>
    <sid:InventoryGrossAmount contextRef="AsOf2019-12-31_custom_WorkInProgressMember" unitRef="BRL" id="Foot-03-0" decimals="-3">1438868000</sid:InventoryGrossAmount>
    <sid:InventoryGrossAmount contextRef="AsOf2019-12-31_custom_RawMaterialsMember" unitRef="BRL" decimals="-3">1493129000</sid:InventoryGrossAmount>
    <sid:InventoryGrossAmount contextRef="AsOf2019-12-31_custom_SparePartsMember" unitRef="BRL" decimals="-3">902135000</sid:InventoryGrossAmount>
    <sid:InventoryGrossAmount contextRef="AsOf2019-12-31_custom_AdvancesToSuppliersMember" unitRef="BRL" decimals="-3">35828000</sid:InventoryGrossAmount>
    <sid:InventoryGrossAmount contextRef="AsOf2020-12-31_custom_FinishedGoodsMember" unitRef="BRL" decimals="-3">1627676000</sid:InventoryGrossAmount>
    <sid:InventoryGrossAmount contextRef="AsOf2020-12-31_custom_WorkInProgressMember" unitRef="BRL" id="Foot-03-1" decimals="-3">1358905000</sid:InventoryGrossAmount>
    <sid:InventoryGrossAmount contextRef="AsOf2020-12-31_custom_RawMaterialsMember" unitRef="BRL" decimals="-3">1289653000</sid:InventoryGrossAmount>
    <sid:InventoryGrossAmount contextRef="AsOf2020-12-31_custom_SparePartsMember" unitRef="BRL" decimals="-3">928158000</sid:InventoryGrossAmount>
    <sid:InventoryGrossAmount contextRef="AsOf2020-12-31_custom_AdvancesToSuppliersMember" unitRef="BRL" decimals="-3">69536000</sid:InventoryGrossAmount>
    <sid:InventoryProvisionsForLosses contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">-109038000</sid:InventoryProvisionsForLosses>
    <sid:InventoryProvisionsForLosses contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">-134553000</sid:InventoryProvisionsForLosses>
    <ifrs-full:InventoriesAtNetRealisableValue contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">5164890000</ifrs-full:InventoriesAtNetRealisableValue>
    <ifrs-full:InventoriesAtNetRealisableValue contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">5427249000</ifrs-full:InventoriesAtNetRealisableValue>
    <ifrs-full:Inventories contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">4817586000</ifrs-full:Inventories>
    <ifrs-full:Inventories contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">5282750000</ifrs-full:Inventories>
    <ifrs-full:NoncurrentInventories contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">347304000</ifrs-full:NoncurrentInventories>
    <ifrs-full:NoncurrentInventories contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">144499000</ifrs-full:NoncurrentInventories>
    <sid:InventoryNetOne contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">-109038000</sid:InventoryNetOne>
    <sid:InventoryNetOne contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">-134553000</sid:InventoryNetOne>
    <sid:InventoryNetOne contextRef="AsOf2018-12-31" unitRef="BRL" decimals="-3">-157754000</sid:InventoryNetOne>
    <sid:ReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">25515000</sid:ReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence>
    <sid:ReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">23201000</sid:ReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence>
    <ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">2543946000</ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax>
    <ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">3402355000</ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax>
    <ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax contextRef="AsOf2020-12-31_custom_StateValueAddedTaxMember" unitRef="BRL" decimals="-3">1002926000</ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax>
    <ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax contextRef="AsOf2020-12-31_custom_BrazilianFederalContributionsMember" unitRef="BRL" id="Foot-04-0" decimals="-3">1417081000</ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax>
    <ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax contextRef="AsOf2020-12-31_custom_OtherTaxesMember" unitRef="BRL" decimals="-3">123939000</ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax>
    <ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax contextRef="AsOf2019-12-31_custom_StateValueAddedTaxMember" unitRef="BRL" decimals="-3">1109887000</ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax>
    <ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax contextRef="AsOf2019-12-31_custom_BrazilianFederalContributionsMember" unitRef="BRL" id="Foot-04-1" decimals="-3">2230793000</ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax>
    <ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax contextRef="AsOf2019-12-31_custom_OtherTaxesMember" unitRef="BRL" decimals="-3">61675000</ifrs-full:ReceivablesFromTaxesOtherThanIncomeTax>
    <ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">1605494000</ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax>
    <ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">1282415000</ifrs-full:CurrentReceivablesFromTaxesOtherThanIncomeTax>
    <ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">938452000</ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax>
    <ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">2119940000</ifrs-full:NoncurrentReceivablesFromTaxesOtherThanIncomeTax>
    <ifrs-full:OtherCurrentNonfinancialAssets contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">367814000</ifrs-full:OtherCurrentNonfinancialAssets>
    <ifrs-full:OtherCurrentNonfinancialAssets contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">390581000</ifrs-full:OtherCurrentNonfinancialAssets>
    <ifrs-full:OtherCurrentNonfinancialAssets contextRef="AsOf2019-12-31_custom_PrepaidExpensesMember" unitRef="BRL" decimals="-3">107428000</ifrs-full:OtherCurrentNonfinancialAssets>
    <ifrs-full:OtherCurrentNonfinancialAssets contextRef="AsOf2019-12-31_custom_PrepaidExpensesWithSeaFreightMember" unitRef="BRL" id="Foot-05-0" decimals="-3">96305000</ifrs-full:OtherCurrentNonfinancialAssets>
    <ifrs-full:OtherCurrentNonfinancialAssets contextRef="AsOf2019-12-31_custom_DerivativeFinancialInstrumentsMember" unitRef="BRL" decimals="-3">1364000</ifrs-full:OtherCurrentNonfinancialAssets>
    <ifrs-full:OtherCurrentNonfinancialAssets contextRef="AsOf2019-12-31_custom_SecuritiesHeldForTradingMember" unitRef="BRL" decimals="-3">4034000</ifrs-full:OtherCurrentNonfinancialAssets>
    <ifrs-full:OtherCurrentNonfinancialAssets contextRef="AsOf2019-12-31_custom_OtherReceivablesFromRelatedPartiesMember" unitRef="BRL" decimals="-3">1830000</ifrs-full:OtherCurrentNonfinancialAssets>
    <ifrs-full:OtherCurrentNonfinancialAssets contextRef="AsOf2019-12-31_custom_DividendsReceivableMember" unitRef="BRL" decimals="-3">44554000</ifrs-full:OtherCurrentNonfinancialAssets>
    <ifrs-full:OtherCurrentNonfinancialAssets contextRef="AsOf2019-12-31_custom_DebitOfEmployeesMember" unitRef="BRL" decimals="-3">33045000</ifrs-full:OtherCurrentNonfinancialAssets>
    <ifrs-full:OtherCurrentNonfinancialAssets contextRef="AsOf2019-12-31_custom_OtherMember" unitRef="BRL" decimals="-3">102021000</ifrs-full:OtherCurrentNonfinancialAssets>
    <ifrs-full:OtherCurrentNonfinancialAssets contextRef="AsOf2020-12-31_custom_PrepaidExpensesMember" unitRef="BRL" decimals="-3">136527000</ifrs-full:OtherCurrentNonfinancialAssets>
    <ifrs-full:OtherCurrentNonfinancialAssets contextRef="AsOf2020-12-31_custom_PrepaidExpensesWithSeaFreightMember" unitRef="BRL" id="Foot-05-1" decimals="-3">74500000</ifrs-full:OtherCurrentNonfinancialAssets>
    <ifrs-full:OtherCurrentNonfinancialAssets contextRef="AsOf2020-12-31_custom_SecuritiesHeldForTradingMember" unitRef="BRL" decimals="-3">5065000</ifrs-full:OtherCurrentNonfinancialAssets>
    <ifrs-full:OtherCurrentNonfinancialAssets contextRef="AsOf2020-12-31_custom_OtherReceivablesFromRelatedPartiesMember" unitRef="BRL" decimals="-3">6242000</ifrs-full:OtherCurrentNonfinancialAssets>
    <ifrs-full:OtherCurrentNonfinancialAssets contextRef="AsOf2020-12-31_custom_DividendsReceivableMember" unitRef="BRL" decimals="-3">38088000</ifrs-full:OtherCurrentNonfinancialAssets>
    <ifrs-full:OtherCurrentNonfinancialAssets contextRef="AsOf2020-12-31_custom_DebitOfEmployeesMember" unitRef="BRL" decimals="-3">28054000</ifrs-full:OtherCurrentNonfinancialAssets>
    <ifrs-full:OtherCurrentNonfinancialAssets contextRef="AsOf2020-12-31_custom_OtherMember" unitRef="BRL" decimals="-3">79338000</ifrs-full:OtherCurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">3603047000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">2793115000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2019-12-31_custom_JudicialDepositsMember" unitRef="BRL" decimals="-3">328371000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2019-12-31_custom_CreditsWithThePGFNMember" unitRef="BRL" id="Foot-06-0" decimals="-3">46774000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2019-12-31_custom_PrepaidExpensesMember" unitRef="BRL" decimals="-3">126213000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2019-12-31_custom_ActuarialAssetRelatedPartyMember" unitRef="BRL" decimals="-3">13714000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2019-12-31_custom_DerivativeFinancialInstrumentsMember" unitRef="BRL" decimals="-3">4203000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2019-12-31_custom_LoansWithRelatedPartiesMember" unitRef="BRL" decimals="-3">846300000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2019-12-31_custom_OtherReceivablesFromRelatedPartiesMember" unitRef="BRL" decimals="-3">428672000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2019-12-31_custom_OtherReceivablesMember" unitRef="BRL" decimals="-3">7059000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2019-12-31_custom_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember" unitRef="BRL" id="Foot-07-0" decimals="-3">845284000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2019-12-31_custom_OtherMember" unitRef="BRL" decimals="-3">146525000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2020-12-31_custom_JudicialDepositsMember" unitRef="BRL" decimals="-3">325117000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2020-12-31_custom_PrepaidExpensesMember" unitRef="BRL" decimals="-3">115636000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2020-12-31_custom_ActuarialAssetRelatedPartyMember" unitRef="BRL" decimals="-3">13819000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2020-12-31_custom_LoansWithRelatedPartiesMember" unitRef="BRL" decimals="-3">966050000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2020-12-31_custom_OtherReceivablesFromRelatedPartiesMember" unitRef="BRL" decimals="-3">664020000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2020-12-31_custom_OtherReceivablesMember" unitRef="BRL" decimals="-3">2445000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2020-12-31_custom_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember" unitRef="BRL" id="Foot-07-1" decimals="-3">852532000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2020-12-31_custom_ReceivablesByIndemnityMember" unitRef="BRL" id="Foot-08-0" decimals="-3">517183000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <ifrs-full:OtherNoncurrentNonfinancialAssets contextRef="AsOf2020-12-31_custom_OtherMember" unitRef="BRL" decimals="-3">146245000</ifrs-full:OtherNoncurrentNonfinancialAssets>
    <sid:GainOnRecoveryOfCredits contextRef="From2020-01-01to2020-12-31_custom_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember" unitRef="BRL" decimals="-3">350000000</sid:GainOnRecoveryOfCredits>
    <sid:ReceivableForIndemnification contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">147612000</sid:ReceivableForIndemnification>
    <sid:FinancialResult contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">369571000</sid:FinancialResult>
    <sid:AdjustmentsForIncomeTaxAndSocialContributionPaid contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">542877000</sid:AdjustmentsForIncomeTaxAndSocialContributionPaid>
    <sid:AdjustmentsForIncomeTaxAndSocialContributionPaid contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1167419000</sid:AdjustmentsForIncomeTaxAndSocialContributionPaid>
    <sid:AdjustmentsForIncomeTaxAndSocialContributionPaid contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">336962000</sid:AdjustmentsForIncomeTaxAndSocialContributionPaid>
    <sid:AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">92506000</sid:AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest>
    <sid:AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">117189000</sid:AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest>
    <sid:AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">71611000</sid:AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest>
    <sid:InitialAdoptionRightOfUse contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">640989000</sid:InitialAdoptionRightOfUse>
    <sid:RemeasurementRightOfUse1 contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">109993000</sid:RemeasurementRightOfUse1>
    <sid:RemeasurementRightOfUse1 contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-151558000</sid:RemeasurementRightOfUse1>
    <sid:AdditionToPpeWithoutAddingCash contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">30345000</sid:AdditionToPpeWithoutAddingCash>
    <sid:AdditionToPpeWithoutAddingCash contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">278213000</sid:AdditionToPpeWithoutAddingCash>
    <sid:AdditionToPpeWithoutAddingCash contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">10792000</sid:AdditionToPpeWithoutAddingCash>
    <sid:CapitalizationInSubsidiariesWithoutCash contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">104809000</sid:CapitalizationInSubsidiariesWithoutCash>
    <sid:AdditionToInvestmentPropertyWithoutCashEffect contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">61597000</sid:AdditionToInvestmentPropertyWithoutCashEffect>
    <sid:NetAdditionalCash contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">942127000</sid:NetAdditionalCash>
    <sid:NetAdditionalCash contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">2052252000</sid:NetAdditionalCash>
    <sid:NetAdditionalCash contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">419365000</sid:NetAdditionalCash>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">19716223000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">19700944000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31" unitRef="BRL" decimals="-3">18046864000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31_ifrs-full_LandMember" unitRef="BRL" decimals="-3">287854000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_LandMember" unitRef="BRL" decimals="-3">226949000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31_ifrs-full_BuildingsMember" unitRef="BRL" decimals="-3">2678638000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_BuildingsMember" unitRef="BRL" decimals="-3">3062238000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31_ifrs-full_MachineryMember" unitRef="BRL" decimals="-3">11687271000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_MachineryMember" unitRef="BRL" decimals="-3">12603619000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" decimals="-3">30530000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" decimals="-3">28455000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" decimals="-3">3282436000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" decimals="-3">3217052000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" id="Foot-09-0" decimals="-3">472345000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-0" decimals="-3">80135000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-1" decimals="-3">90286000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_LandMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">226949000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_BuildingsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">4250471000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_MachineryMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">24372514000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">170229000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">3217052000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" id="Foot-09-1" decimals="-3">531044000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" id="Foot-10-2" decimals="-3">386144000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">33154403000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_BuildingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-1188233000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_MachineryMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-11768895000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-141774000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" id="Foot-09-2" decimals="-3">-58699000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" id="Foot-10-3" decimals="-3">-295858000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-13453459000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_LandMember" unitRef="BRL" decimals="-3">257686000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_BuildingsMember" unitRef="BRL" decimals="-3">2677565000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_MachineryMember" unitRef="BRL" decimals="-3">12457383000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" decimals="-3">26297000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" decimals="-3">3680322000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" id="Foot-09-3" decimals="-3">516668000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-4" decimals="-3">100302000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_LandMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">257686000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_BuildingsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">4752412000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_MachineryMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">26213225000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">182974000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">3680322000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" id="Foot-09-4" decimals="-3">634786000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" id="Foot-10-5" decimals="-3">414705000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">36136110000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_BuildingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-2074847000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_MachineryMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-13755842000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-156677000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" id="Foot-09-5" decimals="-3">-118118000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" id="Foot-10-6" decimals="-3">-314403000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-16419887000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2019-12-31_custom_ConsorcioDaUsinaHidreletricaDeIgarapavaMember" unitRef="BRL" decimals="-3">22441000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31_ifrs-full_LandMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">287854000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31_ifrs-full_BuildingsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">3751429000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31_ifrs-full_MachineryMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">22426782000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">165331000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">3282436000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" id="Foot-10-7" decimals="-3">355768000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">30269600000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31_ifrs-full_BuildingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-1072791000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31_ifrs-full_MachineryMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-10739511000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-134801000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" id="Foot-10-8" decimals="-3">-275633000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2018-12-31_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-12222736000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:PropertyPlantAndEquipment contextRef="AsOf2020-12-31_custom_ConsorcioDaUsinaHidreletricaDeIgarapavaMember1085841963" unitRef="BRL" decimals="-3">21287000</ifrs-full:PropertyPlantAndEquipment>
    <ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember" id="Foot-11-0">P38Y</ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment>
    <ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember">P21Y</ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment>
    <ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_FixturesAndFittingsMember">P12Y</ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment>
    <ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember">P14Y</ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment>
    <ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember" id="Foot-11-1">P34Y</ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment>
    <ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_MachineryMember">P20Y</ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment>
    <ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_FixturesAndFittingsMember">P12Y</ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment>
    <ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember">P10Y</ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment>
    <ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember979725637">P27Y</ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment>
    <ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember979725747">P21Y</ifrs-full:UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment>
    <sid:CapitalizedBorrowingsNonSpecificProjectsRate contextRef="From2020-01-01to2020-12-31" unitRef="Pure" decimals="INF">0.0562</sid:CapitalizedBorrowingsNonSpecificProjectsRate>
    <sid:CapitalizedBorrowingsNonSpecificProjectsRate contextRef="From2019-01-01to2019-12-31" unitRef="Pure" decimals="INF">0.0658</sid:CapitalizedBorrowingsNonSpecificProjectsRate>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">7316794000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">7231781000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31" unitRef="BRL" decimals="-3">7253175000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">7947578000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-606467000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">8263532000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-837408000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_GoodwillMember" unitRef="BRL" decimals="-3">3606156000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember" unitRef="BRL" decimals="-3">246139000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember" unitRef="BRL" decimals="-3">53859000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_BrandNamesMember" unitRef="BRL" decimals="-3">153103000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_LicencesMember" unitRef="BRL" id="Foot-12-0" decimals="-3">3170960000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_OtherIntangibleAssetsMember" unitRef="BRL" decimals="-3">1564000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_GoodwillMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">3846563000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_GoodwillMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-131077000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_GoodwillMember_custom_AdjustmentForAccumulatedRecoverableValueMember" unitRef="BRL" decimals="-3">-109330000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">585407000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-339268000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">171152000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-117293000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_BrandNamesMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">153103000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_LicencesMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" id="Foot-12-1" decimals="-3">3189789000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_LicencesMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" id="Foot-12-2" decimals="-3">-18829000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_OtherIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">1564000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_custom_AdjustmentForAccumulatedRecoverableValueMember" unitRef="BRL" decimals="-3">-109330000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_GoodwillMember" unitRef="BRL" decimals="-3">3606156000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember" unitRef="BRL" decimals="-3">278041000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember" unitRef="BRL" decimals="-3">45665000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_BrandNamesMember" unitRef="BRL" decimals="-3">215532000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_LicencesMember" unitRef="BRL" id="Foot-12-3" decimals="-3">3169349000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_OtherIntangibleAssetsMember" unitRef="BRL" decimals="-3">2051000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_GoodwillMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">3846563000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">823540000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">182059000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_BrandNamesMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">215532000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_LicencesMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" id="Foot-12-4" decimals="-3">3193787000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_OtherIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">2051000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_GoodwillMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-131077000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-545499000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-136394000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_LicencesMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" id="Foot-12-5" decimals="-3">-24438000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_ifrs-full_GoodwillMember_custom_AdjustmentForAccumulatedRecoverableValueMember" unitRef="BRL" decimals="-3">-109330000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2020-12-31_custom_AdjustmentForAccumulatedRecoverableValueMember" unitRef="BRL" decimals="-3">-109330000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">7903220000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-540715000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_BrandNamesMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2019-12-31_ifrs-full_OtherIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_GoodwillMember" unitRef="BRL" decimals="-3">3590931000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember" unitRef="BRL" decimals="-3">288773000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember" unitRef="BRL" decimals="-3">54972000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_BrandNamesMember" unitRef="BRL" decimals="-3">150009000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_LicencesMember" unitRef="BRL" id="Foot-12-6" decimals="-3">3166999000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_OtherIntangibleAssetsMember" unitRef="BRL" decimals="-3">1491000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_GoodwillMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">3831338000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">573614000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">161067000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_BrandNamesMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">150009000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_LicencesMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" id="Foot-12-7" decimals="-3">3185701000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_OtherIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">1491000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_GoodwillMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-131077000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-284841000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-106095000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_BrandNamesMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_LicencesMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" id="Foot-12-8" decimals="-3">-18702000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_OtherIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_ifrs-full_GoodwillMember_custom_AdjustmentForAccumulatedRecoverableValueMember" unitRef="BRL" decimals="-3">-109330000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IntangibleAssetsAndGoodwill contextRef="AsOf2018-12-31_custom_AdjustmentForAccumulatedRecoverableValueMember" unitRef="BRL" decimals="-3">-109330000</ifrs-full:IntangibleAssetsAndGoodwill>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">158649000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">7839000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_GoodwillMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember" unitRef="BRL" decimals="-3">4711000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember" unitRef="BRL" decimals="-3">3000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_BrandNamesMember" unitRef="BRL" decimals="-3">3092000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_LicencesMember" unitRef="BRL" id="Foot-12-9" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherIntangibleAssetsMember" unitRef="BRL" decimals="-3">33000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_GoodwillMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_GoodwillMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_GoodwillMember_custom_AdjustmentForAccumulatedRecoverableValueMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_BrandNamesMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_LicencesMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_LicencesMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_custom_AdjustmentForAccumulatedRecoverableValueMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember" unitRef="BRL" decimals="-3">94998000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember" unitRef="BRL" decimals="-3">584000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_BrandNamesMember" unitRef="BRL" decimals="-3">62429000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherIntangibleAssetsMember" unitRef="BRL" decimals="-3">638000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_GoodwillMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_BrandNamesMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_LicencesMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherIntangibleAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_GoodwillMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_LicencesMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_GoodwillMember_custom_AdjustmentForAccumulatedRecoverableValueMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_custom_AdjustmentForAccumulatedRecoverableValueMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_BrandNamesMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_BrandNamesMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherIntangibleAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1837000</ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1427000</ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_GoodwillMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember" unitRef="BRL" decimals="-3">0</ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember" unitRef="BRL" decimals="-3">1387000</ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_BrandNamesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_LicencesMember" unitRef="BRL" id="Foot-12-10" xsi:nil="true" />
    <ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherIntangibleAssetsMember" unitRef="BRL" decimals="-3">40000</ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember" unitRef="BRL" decimals="-3">1837000</ifrs-full:AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill>
    <ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">4633000</ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">11896000</ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_GoodwillMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember" unitRef="BRL" decimals="-3">0</ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember" unitRef="BRL" decimals="-3">7808000</ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_BrandNamesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_LicencesMember" unitRef="BRL" id="Foot-12-11" decimals="-3">4088000</ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember" unitRef="BRL" decimals="-3">633000</ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_LicencesMember" unitRef="BRL" id="Foot-12-12" decimals="-3">4000000</ifrs-full:IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment>
    <ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-79955000</ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill>
    <ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-58129000</ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill>
    <ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_GoodwillMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember" unitRef="BRL" decimals="-3">-47345000</ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill>
    <ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember" unitRef="BRL" decimals="-3">-10657000</ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill>
    <ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_BrandNamesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_LicencesMember" unitRef="BRL" id="Foot-12-13" decimals="-3">-127000</ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill>
    <ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember" unitRef="BRL" decimals="-3">-63096000</ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill>
    <ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember" unitRef="BRL" decimals="-3">-11248000</ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill>
    <ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_LicencesMember" unitRef="BRL" id="Foot-12-14" decimals="-3">-5611000</ifrs-full:AmortisationIntangibleAssetsOtherThanGoodwill>
    <ifrs-full:AdditionalRecognitionGoodwill contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">15225000</ifrs-full:AdditionalRecognitionGoodwill>
    <ifrs-full:AdditionalRecognitionGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_GoodwillMember" unitRef="BRL" decimals="-3">15225000</ifrs-full:AdditionalRecognitionGoodwill>
    <ifrs-full:AdditionalRecognitionGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:AdditionalRecognitionGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:AdditionalRecognitionGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_BrandNamesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:AdditionalRecognitionGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_LicencesMember" unitRef="BRL" id="Foot-12-15" xsi:nil="true" />
    <sid:ConsolidationCBSIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">348000</sid:ConsolidationCBSIntangibleAssetsAndGoodwill>
    <sid:ConsolidationCBSIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_GoodwillMember" unitRef="BRL" xsi:nil="true" />
    <sid:ConsolidationCBSIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember" unitRef="BRL" xsi:nil="true" />
    <sid:ConsolidationCBSIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember" unitRef="BRL" decimals="-3">346000</sid:ConsolidationCBSIntangibleAssetsAndGoodwill>
    <sid:ConsolidationCBSIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_BrandNamesMember" unitRef="BRL" decimals="-3">2000</sid:ConsolidationCBSIntangibleAssetsAndGoodwill>
    <sid:ConsolidationCBSIntangibleAssetsAndGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_LicencesMember" unitRef="BRL" id="Foot-12-16" xsi:nil="true" />
    <ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember">P13Y</ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill>
    <ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember">P9Y</ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill>
    <ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_CustomerrelatedIntangibleAssetsMember">P13Y</ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill>
    <ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_TechnologybasedIntangibleAssetsMember">P9Y</ifrs-full:UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">3821688000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">3759259000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2019-12-31_ifrs-full_GoodwillMember" unitRef="BRL" decimals="-3">3606156000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2019-12-31_ifrs-full_BrandNamesMember" unitRef="BRL" decimals="-3">153103000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2020-12-31_ifrs-full_GoodwillMember" unitRef="BRL" decimals="-3">3606156000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2020-12-31_ifrs-full_BrandNamesMember" unitRef="BRL" decimals="-3">215532000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2019-12-31_ifrs-full_GoodwillMember_custom_PackagingMember_custom_SteelMember" unitRef="BRL" id="Foot-13-0" decimals="-3">158748000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2020-12-31_ifrs-full_GoodwillMember_custom_PackagingMember_custom_SteelMember" unitRef="BRL" id="Foot-13-1" decimals="-3">158748000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2019-12-31_ifrs-full_GoodwillMember_custom_LongStelMember_custom_SteelMember" unitRef="BRL" id="Foot-14-0" decimals="-3">235595000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2020-12-31_ifrs-full_GoodwillMember_custom_LongStelMember_custom_SteelMember" unitRef="BRL" id="Foot-14-1" decimals="-3">235595000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2019-12-31_ifrs-full_GoodwillMember_custom_MiningMember_custom_MinningMember" unitRef="BRL" id="Foot-15-0" decimals="-3">3196588000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2020-12-31_ifrs-full_GoodwillMember_custom_MiningMember_custom_MinningMember" unitRef="BRL" id="Foot-15-1" decimals="-3">3196588000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2019-12-31_ifrs-full_GoodwillMember_custom_OtherSteelMember_custom_SteelMember" unitRef="BRL" id="Foot-16-0" decimals="-3">15225000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2020-12-31_ifrs-full_GoodwillMember_custom_OtherSteelMember_custom_SteelMember" unitRef="BRL" id="Foot-16-1" decimals="-3">15225000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2019-12-31_ifrs-full_BrandNamesMember_custom_LongStelMember_custom_SteelMember" unitRef="BRL" id="Foot-14-2" decimals="-3">153103000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2020-12-31_ifrs-full_BrandNamesMember_custom_LongStelMember_custom_SteelMember" unitRef="BRL" id="Foot-14-3" decimals="-3">215532000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2019-12-31_custom_PackagingMember_custom_SteelMember" unitRef="BRL" id="Foot-13-2" decimals="-3">158748000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2020-12-31_custom_PackagingMember_custom_SteelMember" unitRef="BRL" id="Foot-13-3" decimals="-3">158748000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2019-12-31_custom_LongStelMember_custom_SteelMember" unitRef="BRL" id="Foot-14-4" decimals="-3">388698000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2020-12-31_custom_LongStelMember_custom_SteelMember" unitRef="BRL" id="Foot-14-5" decimals="-3">451127000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2019-12-31_custom_MiningMember_custom_MinningMember" unitRef="BRL" id="Foot-15-2" decimals="-3">3196588000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2020-12-31_custom_MiningMember_custom_MinningMember" unitRef="BRL" id="Foot-15-3" decimals="-3">3196588000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2019-12-31_custom_OtherSteelMember_custom_SteelMember" unitRef="BRL" id="Foot-16-2" decimals="-3">15225000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount contextRef="AsOf2020-12-31_custom_OtherSteelMember_custom_SteelMember" unitRef="BRL" id="Foot-16-3" decimals="-3">15225000</ifrs-full:AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount>
    <ifrs-full:DescriptionOfDiscountRatesAppliedToCashFlowProjections contextRef="AsOf2020-12-31_custom_MiningMember_ifrs-full_TopOfRangeMember" unitRef="Pure" decimals="INF">0.095</ifrs-full:DescriptionOfDiscountRatesAppliedToCashFlowProjections>
    <ifrs-full:DescriptionOfDiscountRatesAppliedToCashFlowProjections contextRef="AsOf2020-12-31_custom_MiningMember_ifrs-full_BottomOfRangeMember" unitRef="Pure" decimals="INF">0.07</ifrs-full:DescriptionOfDiscountRatesAppliedToCashFlowProjections>
    <ifrs-full:DescriptionOfDiscountRatesAppliedToCashFlowProjections contextRef="AsOf2020-12-31_custom_OtherSteelMember_ifrs-full_TopOfRangeMember" unitRef="Pure" decimals="INF">0.095</ifrs-full:DescriptionOfDiscountRatesAppliedToCashFlowProjections>
    <ifrs-full:DescriptionOfDiscountRatesAppliedToCashFlowProjections contextRef="AsOf2020-12-31_custom_OtherSteelMember_ifrs-full_BottomOfRangeMember" unitRef="Pure" decimals="INF">0.07</ifrs-full:DescriptionOfDiscountRatesAppliedToCashFlowProjections>
    <ifrs-full:DescriptionOfDiscountRatesAppliedToCashFlowProjections contextRef="AsOf2020-12-31_custom_FlatSteelMember_ifrs-full_TopOfRangeMember" unitRef="Pure" decimals="INF">0.095</ifrs-full:DescriptionOfDiscountRatesAppliedToCashFlowProjections>
    <ifrs-full:DescriptionOfDiscountRatesAppliedToCashFlowProjections contextRef="AsOf2020-12-31_custom_FlatSteelMember_ifrs-full_BottomOfRangeMember" unitRef="Pure" decimals="INF">0.07</ifrs-full:DescriptionOfDiscountRatesAppliedToCashFlowProjections>
    <ifrs-full:DescriptionOfDiscountRatesAppliedToCashFlowProjections contextRef="AsOf2020-12-31_custom_LogisticMember_ifrs-full_TopOfRangeMember" unitRef="Pure" decimals="INF">0.0640</ifrs-full:DescriptionOfDiscountRatesAppliedToCashFlowProjections>
    <ifrs-full:DescriptionOfDiscountRatesAppliedToCashFlowProjections contextRef="AsOf2020-12-31_custom_LogisticMember_ifrs-full_BottomOfRangeMember" unitRef="Pure" id="Foot-17-0" decimals="INF">0.0587</ifrs-full:DescriptionOfDiscountRatesAppliedToCashFlowProjections>
    <ifrs-full:DescriptionOfDiscountRatesAppliedToCashFlowProjections contextRef="AsOf2020-12-31_custom_PackagingMember" unitRef="Pure" decimals="INF">0.08</ifrs-full:DescriptionOfDiscountRatesAppliedToCashFlowProjections>
    <ifrs-full:ImpairmentLoss contextRef="From2011-01-01to2011-12-31" unitRef="BRL" decimals="-3">109330000</ifrs-full:ImpairmentLoss>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-11-28to2019-11-29_custom_CKTRBrasilServicosLtdaMember" unitRef="Pure" decimals="INF">0.50</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CSNIslandsVIICorpMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CSNInovaVenturesMember" unitRef="Pure" id="Foot-18-0" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CSNIslandsXIICorpMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CSNSteelSLUMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_TdBBSAMember" unitRef="Pure" id="Foot-19-0" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_SepetibaTeconSAMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_MineriosNacionalSAMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CompanhiaFlorestaldoBrasilMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_EstanhoDeRondoniaSAMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CompanhiaMetalurgicaPradaMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CSNMineracaoSAMember" unitRef="Pure" decimals="INF">0.8752</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CSNEnergiaSAMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_FTLFerroviaTransnordestinaLogisticaSAMember" unitRef="Pure" decimals="INF">0.9238</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_NordesteLogisticaSAMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CSNInovaLtdMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CSNCimentosSAMember" unitRef="Pure" id="Foot-20-0" decimals="INF">0.9000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_LusosiderProjectosSiderurgicosSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_LusosiderAcosPlanosSAMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CSNResourcesSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CompanhiaBrasileiraDeLatasMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CompanhiaDeEmbalagensMetalicasMMSAMember" unitRef="Pure" decimals="INF">0.9967</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CompanhiaDeEmbalagensMetalicasMTMMember" unitRef="Pure" decimals="INF">0.9967</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CSNSteelHoldings1SLUMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CSNProductosSiderurgicosSLMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_StalhwerkThuringenGmbHMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CSNSteelSectionsPolskaSpZooMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CSNMiningHoldingSLMember" unitRef="Pure" decimals="INF">0.8752</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CSNMiningGmbHMember" unitRef="Pure" decimals="INF">0.8752</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CSNMiningAsiaLimitedMember" unitRef="Pure" decimals="INF">0.8752</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_LusosiderIbericaSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CSMiningPortugalUnipessoalLdaMember" unitRef="Pure" decimals="INF">0.8752</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CompanhiaSiderurgicaNacionalLLCMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2020-01-01to2020-12-31_custom_CSNCimentosSA1Member" unitRef="Pure" id="Foot-20-1" decimals="INF">0.1000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CSNIslandsVIICorpMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CSNInovaVenturesMember" unitRef="Pure" id="Foot-18-1" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CSNIslandsXIICorpMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CSNSteelSLUMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_TdBBSAMember" unitRef="Pure" id="Foot-19-1" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_SepetibaTeconSAMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_MineriosNacionalSAMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CompanhiaFlorestaldoBrasilMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_EstanhoDeRondoniaSAMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CompanhiaMetalurgicaPradaMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CSNMineracaoSAMember" unitRef="Pure" decimals="INF">0.8752</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CSNEnergiaSAMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_FTLFerroviaTransnordestinaLogisticaSAMember" unitRef="Pure" decimals="INF">0.9238</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_NordesteLogisticaSAMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CSNInovaLtdMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CSNEquipamentosSAMember" unitRef="Pure" id="Foot-21-0" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_LusosiderProjectosSiderurgicosSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_LusosiderAcosPlanosSAMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CSNResourcesSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CompanhiaBrasileiraDeLatasMember" unitRef="Pure" decimals="INF">0.9999</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CompanhiaDeEmbalagensMetalicasMMSAMember" unitRef="Pure" decimals="INF">0.9967</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CompanhiaDeEmbalagensMetalicasMTMMember" unitRef="Pure" decimals="INF">0.9967</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CSNSteelHoldings1SLUMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CSNProductosSiderurgicosSLMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_StalhwerkThuringenGmbHMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CSNSteelSectionsUKLimitedMember" unitRef="Pure" id="Foot-22-0" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CSNSteelSectionsPolskaSpZooMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CSNMiningHoldingSLMember" unitRef="Pure" decimals="INF">0.8752</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CSNMiningGmbHMember" unitRef="Pure" decimals="INF">0.8752</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CSNMiningAsiaLimitedMember" unitRef="Pure" decimals="INF">0.8752</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_LusosiderIbericaSAMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CSMiningPortugalUnipessoalLdaMember" unitRef="Pure" decimals="INF">0.8752</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestInSubsidiary contextRef="From2019-01-01to2019-12-31_custom_CompanhiaSiderurgicaNacionalLLCMember" unitRef="Pure" decimals="INF">1.0000</ifrs-full:ProportionOfOwnershipInterestInSubsidiary>
    <ifrs-full:ProportionOfOwnershipInterestsHeldByNoncontrollingInterests contextRef="From2019-11-28to2019-11-29" unitRef="Pure" decimals="INF">1.00</ifrs-full:ProportionOfOwnershipInterestsHeldByNoncontrollingInterests>
    <ifrs-full:ShorttermBorrowings contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">4126453000</ifrs-full:ShorttermBorrowings>
    <ifrs-full:ShorttermBorrowings contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">5125843000</ifrs-full:ShorttermBorrowings>
    <ifrs-full:ShorttermBorrowings contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="BRL" decimals="-3">241029000</ifrs-full:ShorttermBorrowings>
    <ifrs-full:ShorttermBorrowings contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565" unitRef="BRL" decimals="-3">103877000</ifrs-full:ShorttermBorrowings>
    <ifrs-full:ShorttermBorrowings contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">828439000</ifrs-full:ShorttermBorrowings>
    <ifrs-full:ShorttermBorrowings contextRef="AsOf2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">653784000</ifrs-full:ShorttermBorrowings>
    <ifrs-full:LongtermBorrowings contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">31144200000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">22841193000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="BRL" decimals="-3">6368070000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565" unitRef="BRL" decimals="-3">6084424000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">2162657000</ifrs-full:LongtermBorrowings>
    <ifrs-full:LongtermBorrowings contextRef="AsOf2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">2369615000</ifrs-full:LongtermBorrowings>
    <ifrs-full:BorrowingsInterestRate contextRef="AsOf2020-12-31_currency_EUR" unitRef="Pure" id="Foot-23-0" decimals="INF">0.0150</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate contextRef="AsOf2020-12-31_custom_LocalCurrencyMember" unitRef="Pure" id="Foot-23-1" decimals="INF">0.0282</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate contextRef="AsOf2020-12-31_currency_USD" unitRef="Pure" id="Foot-23-2" decimals="INF">0.0663</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember_ifrs-full_BottomOfRangeMember" unitRef="Pure" decimals="INF">1.25</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:BorrowingsInterestRate contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember_ifrs-full_TopOfRangeMember" unitRef="Pure" decimals="INF">1.30</ifrs-full:BorrowingsInterestRate>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">35370611000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_currency_EUR" unitRef="BRL_Euro" decimals="-3">470473000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_custom_ForeignCurrencyMember1153342520" unitRef="BRL" decimals="-3">25372025000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">9998586000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_currency_USD" unitRef="BRL_USD" decimals="-3">24901552000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" unitRef="BRL" decimals="-3">4155483000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" unitRef="BRL" decimals="-3">5542647000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" unitRef="BRL" decimals="-3">8603471000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" unitRef="BRL" decimals="-3">1416308000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_custom_LaterThanFiveYearsAndNotLaterThanSixYearsMember" unitRef="BRL" decimals="-3">68595000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_custom_LaterThanSixYearsAndNotLaterThanSevenYearsMember" unitRef="BRL" decimals="-3">3186608000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_custom_AfterSixYearsMember" unitRef="BRL" decimals="-3">7200799000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_custom_PerpetualBondsMember" unitRef="BRL" decimals="-3">5196700000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_NationalCurrencyMember" unitRef="BRL" decimals="-3">2282279000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_ForeignCurrencyMember" unitRef="BRL" decimals="-3">1873204000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_ForeignCurrencyMember" unitRef="BRL" decimals="-3">2683224000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_custom_ForeignCurrencyMember" unitRef="BRL" decimals="-3">5567133000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_custom_ForeignCurrencyMember" unitRef="BRL" decimals="-3">178033000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_custom_LaterThanSixYearsAndNotLaterThanSevenYearsMember_custom_ForeignCurrencyMember" unitRef="BRL" decimals="-3">3118021000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_custom_AfterSixYearsMember_custom_ForeignCurrencyMember" unitRef="BRL" decimals="-3">6755710000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_custom_PerpetualBondsMember_custom_ForeignCurrencyMember" unitRef="BRL" decimals="-3">5196700000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_NationalCurrencyMember" unitRef="BRL" decimals="-3">2859423000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_custom_NationalCurrencyMember" unitRef="BRL" decimals="-3">3036338000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_custom_NationalCurrencyMember" unitRef="BRL" decimals="-3">1238275000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_custom_LaterThanFiveYearsAndNotLaterThanSixYearsMember_custom_NationalCurrencyMember" unitRef="BRL" decimals="-3">68595000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_custom_LaterThanSixYearsAndNotLaterThanSevenYearsMember_custom_NationalCurrencyMember" unitRef="BRL" decimals="-3">68587000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_custom_AfterSixYearsMember_custom_NationalCurrencyMember" unitRef="BRL" decimals="-3">445089000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2020-12-31_custom_NationalCurrencyMember" unitRef="BRL" decimals="-3">9998586000</ifrs-full:Borrowings>
    <ifrs-full:Borrowings contextRef="AsOf2021-01-31_custom_EventAfterReportingPeriodMember_custom_ExportPrepaymentContractsMember_currency_USD" unitRef="BRL_USD" decimals="-3">265000000</ifrs-full:Borrowings>
    <ifrs-full:OtherBorrowings contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">35270653000</ifrs-full:OtherBorrowings>
    <ifrs-full:OtherBorrowings contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">27967036000</ifrs-full:OtherBorrowings>
    <ifrs-full:OtherBorrowings contextRef="AsOf2018-12-31" unitRef="BRL" decimals="-3">28827074000</ifrs-full:OtherBorrowings>
    <sid:AdditionalFundingTransactions contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">8116247000</sid:AdditionalFundingTransactions>
    <sid:AdditionalFundingTransactions contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">10149381000</sid:AdditionalFundingTransactions>
    <sid:AdditionalFundingTransactions contextRef="From2020-01-01to2020-12-31_custom_PrepaymentMember" unitRef="BRL" decimals="-3">177420000</sid:AdditionalFundingTransactions>
    <sid:AdditionalFundingTransactions contextRef="From2020-01-01to2020-12-31_custom_BondsPerpetualBondsACCAndFacilityMember" unitRef="BRL" decimals="-3">7917929000</sid:AdditionalFundingTransactions>
    <sid:AdditionalFundingTransactions contextRef="From2020-01-01to2020-12-31_custom_BNDESFINAMEDebenturesNCEAndCCBMember" unitRef="BRL" decimals="-3">20898000</sid:AdditionalFundingTransactions>
    <ifrs-full:InterestExpenseOnBorrowings contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1922130000</ifrs-full:InterestExpenseOnBorrowings>
    <ifrs-full:InterestExpenseOnBorrowings contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">2039112000</ifrs-full:InterestExpenseOnBorrowings>
    <ifrs-full:InterestExpenseOnBorrowings contextRef="From2020-01-01to2020-12-31_custom_PrepaymentMember" unitRef="BRL" decimals="-3">245125000</ifrs-full:InterestExpenseOnBorrowings>
    <ifrs-full:InterestExpenseOnBorrowings contextRef="From2020-01-01to2020-12-31_custom_BondsPerpetualBondsACCAndFacilityMember" unitRef="BRL" decimals="-3">1237396000</ifrs-full:InterestExpenseOnBorrowings>
    <ifrs-full:InterestExpenseOnBorrowings contextRef="From2020-01-01to2020-12-31_custom_BNDESFINAMEDebenturesNCEAndCCBMember" unitRef="BRL" decimals="-3">439609000</ifrs-full:InterestExpenseOnBorrowings>
    <sid:ChangesInOtherBorrowingsProvisions contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">2002052000</sid:ChangesInOtherBorrowingsProvisions>
    <sid:ChangesInOtherBorrowingsProvisions contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1996305000</sid:ChangesInOtherBorrowingsProvisions>
    <sid:ConsolidationOfCBS contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">19722000</sid:ConsolidationOfCBS>
    <sid:OthersChangesInOtherBorrowings contextRef="From2020-01-01to2020-12-31" unitRef="BRL" id="Foot-24-0" decimals="-3">5556106000</sid:OthersChangesInOtherBorrowings>
    <sid:OthersChangesInOtherBorrowings contextRef="From2019-01-01to2019-12-31" unitRef="BRL" id="Foot-24-1" decimals="-3">788759000</sid:OthersChangesInOtherBorrowings>
    <ifrs-full:InterestPaidClassifiedAsOperatingActivities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1922130000</ifrs-full:InterestPaidClassifiedAsOperatingActivities>
    <ifrs-full:InterestPaidClassifiedAsOperatingActivities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">2039112000</ifrs-full:InterestPaidClassifiedAsOperatingActivities>
    <ifrs-full:InterestPaidClassifiedAsOperatingActivities contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">2141710000</ifrs-full:InterestPaidClassifiedAsOperatingActivities>
    <sid:AccruedCommisionOnRiskAssumption contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">10531000</sid:AccruedCommisionOnRiskAssumption>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">3310174000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">2120018000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_ifrs-full_DerivativesMember" unitRef="BRL" decimals="-3">1364000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_CashAndCashEquivalantMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_CashAndCashEquivalantMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_ShortTermInvestmentMember" unitRef="BRL" decimals="-3">3305109000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_ShortTermInvestmentMember" unitRef="BRL" decimals="-3">2114620000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_ifrs-full_TradeReceivablesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_ifrs-full_TradeReceivablesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_DividendsAndInterestOnEquityMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_DividendsAndInterestOnEquityMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_ifrs-full_TradingEquitySecuritiesMember" unitRef="BRL" decimals="-3">5065000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_ifrs-full_TradingEquitySecuritiesMember" unitRef="BRL" decimals="-3">4034000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_ifrs-full_TradingEquitySecuritiesMember_ifrs-full_Level1OfFairValueHierarchyMember" unitRef="BRL" decimals="-3">5065000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_ifrs-full_TradingEquitySecuritiesMember_ifrs-full_Level1OfFairValueHierarchyMember" unitRef="BRL" decimals="-3">4034000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_ifrs-full_DerivativesMember_ifrs-full_Level2OfFairValueHierarchyMember" unitRef="BRL" decimals="-3">1364000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_ifrs-full_Level1OfFairValueHierarchyMember" unitRef="BRL" decimals="-3">3370053000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_ifrs-full_Level1OfFairValueHierarchyMember" unitRef="BRL" decimals="-3">2165954000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_FinancialInvestmentes1Member_ifrs-full_Level1OfFairValueHierarchyMember" unitRef="BRL" decimals="-3">3305109000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_FinancialInvestmentes1Member_ifrs-full_Level1OfFairValueHierarchyMember" unitRef="BRL" decimals="-3">2114620000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_FinancialInvestmentes1Member" unitRef="BRL" decimals="-3">3305109000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_FinancialInvestmentes1Member" unitRef="BRL" decimals="-3">2114620000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_Derivatives1Member" unitRef="BRL" decimals="-3">1364000</ifrs-full:CurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">13328279000</ifrs-full:CurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:CurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">3699993000</ifrs-full:CurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:CurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2019-12-31_ifrs-full_DerivativesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2020-12-31_custom_CashAndCashEquivalantMember" unitRef="BRL" decimals="-3">9944586000</ifrs-full:CurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:CurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2019-12-31_custom_CashAndCashEquivalantMember" unitRef="BRL" decimals="-3">1088955000</ifrs-full:CurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:CurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2020-12-31_custom_ShortTermInvestmentMember" unitRef="BRL" decimals="-3">478253000</ifrs-full:CurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:CurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2019-12-31_custom_ShortTermInvestmentMember" unitRef="BRL" decimals="-3">518553000</ifrs-full:CurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:CurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2020-12-31_ifrs-full_TradeReceivablesMember" unitRef="BRL" decimals="-3">2867352000</ifrs-full:CurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:CurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2019-12-31_ifrs-full_TradeReceivablesMember" unitRef="BRL" decimals="-3">2047931000</ifrs-full:CurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:CurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2020-12-31_custom_DividendsAndInterestOnEquityMember" unitRef="BRL" decimals="-3">38088000</ifrs-full:CurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:CurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2019-12-31_custom_DividendsAndInterestOnEquityMember" unitRef="BRL" decimals="-3">44554000</ifrs-full:CurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:CurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2020-12-31_ifrs-full_TradingEquitySecuritiesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2019-12-31_ifrs-full_TradingEquitySecuritiesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialAssets contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">16638453000</ifrs-full:CurrentFinancialAssets>
    <ifrs-full:CurrentFinancialAssets contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">5820011000</ifrs-full:CurrentFinancialAssets>
    <ifrs-full:CurrentFinancialAssets contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialAssets contextRef="AsOf2019-12-31_ifrs-full_DerivativesMember" unitRef="BRL" decimals="-3">1364000</ifrs-full:CurrentFinancialAssets>
    <ifrs-full:CurrentFinancialAssets contextRef="AsOf2020-12-31_custom_CashAndCashEquivalantMember" unitRef="BRL" decimals="-3">9944586000</ifrs-full:CurrentFinancialAssets>
    <ifrs-full:CurrentFinancialAssets contextRef="AsOf2019-12-31_custom_CashAndCashEquivalantMember" unitRef="BRL" decimals="-3">1088955000</ifrs-full:CurrentFinancialAssets>
    <ifrs-full:CurrentFinancialAssets contextRef="AsOf2020-12-31_custom_ShortTermInvestmentMember" unitRef="BRL" decimals="-3">3783362000</ifrs-full:CurrentFinancialAssets>
    <ifrs-full:CurrentFinancialAssets contextRef="AsOf2019-12-31_custom_ShortTermInvestmentMember" unitRef="BRL" decimals="-3">2633173000</ifrs-full:CurrentFinancialAssets>
    <ifrs-full:CurrentFinancialAssets contextRef="AsOf2020-12-31_ifrs-full_TradeReceivablesMember" unitRef="BRL" decimals="-3">2867352000</ifrs-full:CurrentFinancialAssets>
    <ifrs-full:CurrentFinancialAssets contextRef="AsOf2019-12-31_ifrs-full_TradeReceivablesMember" unitRef="BRL" decimals="-3">2047931000</ifrs-full:CurrentFinancialAssets>
    <ifrs-full:CurrentFinancialAssets contextRef="AsOf2020-12-31_custom_DividendsAndInterestOnEquityMember" unitRef="BRL" decimals="-3">38088000</ifrs-full:CurrentFinancialAssets>
    <ifrs-full:CurrentFinancialAssets contextRef="AsOf2019-12-31_custom_DividendsAndInterestOnEquityMember" unitRef="BRL" decimals="-3">44554000</ifrs-full:CurrentFinancialAssets>
    <ifrs-full:CurrentFinancialAssets contextRef="AsOf2020-12-31_ifrs-full_TradingEquitySecuritiesMember" unitRef="BRL" decimals="-3">5065000</ifrs-full:CurrentFinancialAssets>
    <ifrs-full:CurrentFinancialAssets contextRef="AsOf2019-12-31_ifrs-full_TradingEquitySecuritiesMember" unitRef="BRL" decimals="-3">4034000</ifrs-full:CurrentFinancialAssets>
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">59879000</ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">51503000</ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_ifrs-full_DerivativesMember" unitRef="BRL" decimals="-3">4203000</ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_ifrs-full_InvestmentPropertyMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_ifrs-full_InvestmentPropertyMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_OtherTradeReceivablesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_OtherTradeReceivablesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_CompulsoryLoanEletrobrasMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_CompulsoryLoanEletrobrasMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_ReceivablesByIndemnityMember951292708" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_ReceivablesByIndemnityMember951292708" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_ifrs-full_RelatedPartiesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_ifrs-full_RelatedPartiesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_FinancialInvestmentesMember" unitRef="BRL" decimals="-3">59879000</ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_FinancialInvestmentesMember" unitRef="BRL" decimals="-3">47300000</ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_ifrs-full_InvestmentPropertyMember_ifrs-full_Level1OfFairValueHierarchyMember" unitRef="BRL" decimals="-3">59879000</ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_ifrs-full_InvestmentPropertyMember_ifrs-full_Level1OfFairValueHierarchyMember" unitRef="BRL" decimals="-3">47300000</ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_ifrs-full_DerivativesMember_ifrs-full_Level2OfFairValueHierarchyMember" unitRef="BRL" decimals="-3">4203000</ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_Derivatives1Member" unitRef="BRL" decimals="-3">4203000</ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_InvestmentProperty1Member" unitRef="BRL" decimals="-3">59879000</ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_InvestmentProperty1Member" unitRef="BRL" decimals="-3">47300000</ifrs-full:NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">2461619000</ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">1794362000</ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2019-12-31_ifrs-full_DerivativesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2020-12-31_ifrs-full_InvestmentPropertyMember" unitRef="BRL" decimals="-3">123409000</ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2019-12-31_ifrs-full_InvestmentPropertyMember" unitRef="BRL" decimals="-3">95719000</ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2020-12-31_custom_OtherTradeReceivablesMember" unitRef="BRL" decimals="-3">2445000</ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2019-12-31_custom_OtherTradeReceivablesMember" unitRef="BRL" decimals="-3">7059000</ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2020-12-31_custom_CompulsoryLoanEletrobrasMember" unitRef="BRL" decimals="-3">852532000</ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2019-12-31_custom_CompulsoryLoanEletrobrasMember" unitRef="BRL" decimals="-3">845284000</ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2020-12-31_custom_ReceivablesByIndemnityMember951292708" unitRef="BRL" decimals="-3">517183000</ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2019-12-31_custom_ReceivablesByIndemnityMember951292708" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2020-12-31_ifrs-full_RelatedPartiesMember" unitRef="BRL" decimals="-3">966050000</ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2019-12-31_ifrs-full_RelatedPartiesMember" unitRef="BRL" decimals="-3">846300000</ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost>
    <ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2020-12-31_custom_FinancialInvestmentesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialAssetsAtAmortisedCost contextRef="AsOf2019-12-31_custom_FinancialInvestmentesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialAssets contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">2521498000</ifrs-full:NoncurrentFinancialAssets>
    <ifrs-full:NoncurrentFinancialAssets contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">1845865000</ifrs-full:NoncurrentFinancialAssets>
    <ifrs-full:NoncurrentFinancialAssets contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialAssets contextRef="AsOf2019-12-31_ifrs-full_DerivativesMember" unitRef="BRL" decimals="-3">4203000</ifrs-full:NoncurrentFinancialAssets>
    <ifrs-full:NoncurrentFinancialAssets contextRef="AsOf2020-12-31_ifrs-full_InvestmentPropertyMember" unitRef="BRL" decimals="-3">123409000</ifrs-full:NoncurrentFinancialAssets>
    <ifrs-full:NoncurrentFinancialAssets contextRef="AsOf2019-12-31_ifrs-full_InvestmentPropertyMember" unitRef="BRL" decimals="-3">95719000</ifrs-full:NoncurrentFinancialAssets>
    <ifrs-full:NoncurrentFinancialAssets contextRef="AsOf2020-12-31_custom_OtherTradeReceivablesMember" unitRef="BRL" decimals="-3">2445000</ifrs-full:NoncurrentFinancialAssets>
    <ifrs-full:NoncurrentFinancialAssets contextRef="AsOf2019-12-31_custom_OtherTradeReceivablesMember" unitRef="BRL" decimals="-3">7059000</ifrs-full:NoncurrentFinancialAssets>
    <ifrs-full:NoncurrentFinancialAssets contextRef="AsOf2020-12-31_custom_CompulsoryLoanEletrobrasMember" unitRef="BRL" decimals="-3">852532000</ifrs-full:NoncurrentFinancialAssets>
    <ifrs-full:NoncurrentFinancialAssets contextRef="AsOf2019-12-31_custom_CompulsoryLoanEletrobrasMember" unitRef="BRL" decimals="-3">845284000</ifrs-full:NoncurrentFinancialAssets>
    <ifrs-full:NoncurrentFinancialAssets contextRef="AsOf2020-12-31_custom_ReceivablesByIndemnityMember951292708" unitRef="BRL" decimals="-3">517183000</ifrs-full:NoncurrentFinancialAssets>
    <ifrs-full:NoncurrentFinancialAssets contextRef="AsOf2019-12-31_custom_ReceivablesByIndemnityMember951292708" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialAssets contextRef="AsOf2020-12-31_ifrs-full_RelatedPartiesMember" unitRef="BRL" decimals="-3">966050000</ifrs-full:NoncurrentFinancialAssets>
    <ifrs-full:NoncurrentFinancialAssets contextRef="AsOf2019-12-31_ifrs-full_RelatedPartiesMember" unitRef="BRL" decimals="-3">846300000</ifrs-full:NoncurrentFinancialAssets>
    <ifrs-full:NoncurrentFinancialAssets contextRef="AsOf2020-12-31_custom_FinancialInvestmentesMember" unitRef="BRL" decimals="-3">59879000</ifrs-full:NoncurrentFinancialAssets>
    <ifrs-full:NoncurrentFinancialAssets contextRef="AsOf2019-12-31_custom_FinancialInvestmentesMember" unitRef="BRL" decimals="-3">47300000</ifrs-full:NoncurrentFinancialAssets>
    <ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">3370053000</ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">2171521000</ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_ifrs-full_Level1OfFairValueHierarchyMember" unitRef="BRL" decimals="-3">3370053000</ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_ifrs-full_Level1OfFairValueHierarchyMember" unitRef="BRL" decimals="-3">2171521000</ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLoss>
    <ifrs-full:FinancialAssetsAtAmortisedCost contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">15789898000</ifrs-full:FinancialAssetsAtAmortisedCost>
    <ifrs-full:FinancialAssetsAtAmortisedCost contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">5494355000</ifrs-full:FinancialAssetsAtAmortisedCost>
    <ifrs-full:FinancialAssets contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">19159951000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssets contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">7665876000</ifrs-full:FinancialAssets>
    <ifrs-full:FinancialAssets contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_CDIMember" unitRef="BRL" decimals="-3">5779452000</ifrs-full:FinancialAssets>
    <ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">8722000</ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember" unitRef="BRL" decimals="-3">8722000</ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_ifrs-full_DerivativesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_LeasesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_LeasesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_TradePayablesDraweeRiskMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_TradePayablesDraweeRiskMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_TradePayablesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_TradePayablesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_BorrowingsAndFinancingMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_BorrowingsAndFinancingMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_DividendsAndInterestOnEquityMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_DividendsAndInterestOnEquityMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember_ifrs-full_Level2OfFairValueHierarchyMember" unitRef="BRL" decimals="-3">8722000</ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_Derivatives1Member" unitRef="BRL" decimals="-3">8722000</ifrs-full:CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss>
    <ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">10638642000</ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">9334492000</ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2019-12-31_ifrs-full_DerivativesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2020-12-31_custom_LeasesMember" unitRef="BRL" decimals="-3">93626000</ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2019-12-31_custom_LeasesMember" unitRef="BRL" decimals="-3">35040000</ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2020-12-31_custom_TradePayablesDraweeRiskMember" unitRef="BRL" decimals="-3">623861000</ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2019-12-31_custom_TradePayablesDraweeRiskMember" unitRef="BRL" decimals="-3">1121312000</ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2020-12-31_custom_TradePayablesMember" unitRef="BRL" decimals="-3">4819539000</ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2019-12-31_custom_TradePayablesMember" unitRef="BRL" decimals="-3">3012654000</ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2020-12-31_custom_BorrowingsAndFinancingMember" unitRef="BRL" decimals="-3">4155483000</ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2019-12-31_custom_BorrowingsAndFinancingMember" unitRef="BRL" decimals="-3">5152234000</ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2020-12-31_custom_DividendsAndInterestOnEquityMember" unitRef="BRL" decimals="-3">946133000</ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2019-12-31_custom_DividendsAndInterestOnEquityMember" unitRef="BRL" decimals="-3">13252000</ifrs-full:CurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:CurrentFinancialLiabilities contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">10647364000</ifrs-full:CurrentFinancialLiabilities>
    <ifrs-full:CurrentFinancialLiabilities contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">9334492000</ifrs-full:CurrentFinancialLiabilities>
    <ifrs-full:CurrentFinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember" unitRef="BRL" decimals="-3">8722000</ifrs-full:CurrentFinancialLiabilities>
    <ifrs-full:CurrentFinancialLiabilities contextRef="AsOf2019-12-31_ifrs-full_DerivativesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentFinancialLiabilities contextRef="AsOf2020-12-31_custom_LeasesMember" unitRef="BRL" decimals="-3">93626000</ifrs-full:CurrentFinancialLiabilities>
    <ifrs-full:CurrentFinancialLiabilities contextRef="AsOf2019-12-31_custom_LeasesMember" unitRef="BRL" decimals="-3">35040000</ifrs-full:CurrentFinancialLiabilities>
    <ifrs-full:CurrentFinancialLiabilities contextRef="AsOf2020-12-31_custom_TradePayablesDraweeRiskMember" unitRef="BRL" decimals="-3">623861000</ifrs-full:CurrentFinancialLiabilities>
    <ifrs-full:CurrentFinancialLiabilities contextRef="AsOf2019-12-31_custom_TradePayablesDraweeRiskMember" unitRef="BRL" decimals="-3">1121312000</ifrs-full:CurrentFinancialLiabilities>
    <ifrs-full:CurrentFinancialLiabilities contextRef="AsOf2020-12-31_custom_TradePayablesMember" unitRef="BRL" decimals="-3">4819539000</ifrs-full:CurrentFinancialLiabilities>
    <ifrs-full:CurrentFinancialLiabilities contextRef="AsOf2019-12-31_custom_TradePayablesMember" unitRef="BRL" decimals="-3">3012654000</ifrs-full:CurrentFinancialLiabilities>
    <ifrs-full:CurrentFinancialLiabilities contextRef="AsOf2020-12-31_custom_BorrowingsAndFinancingMember" unitRef="BRL" decimals="-3">4155483000</ifrs-full:CurrentFinancialLiabilities>
    <ifrs-full:CurrentFinancialLiabilities contextRef="AsOf2019-12-31_custom_BorrowingsAndFinancingMember" unitRef="BRL" decimals="-3">5152234000</ifrs-full:CurrentFinancialLiabilities>
    <ifrs-full:CurrentFinancialLiabilities contextRef="AsOf2020-12-31_custom_DividendsAndInterestOnEquityMember" unitRef="BRL" decimals="-3">946133000</ifrs-full:CurrentFinancialLiabilities>
    <ifrs-full:CurrentFinancialLiabilities contextRef="AsOf2019-12-31_custom_DividendsAndInterestOnEquityMember" unitRef="BRL" decimals="-3">13252000</ifrs-full:CurrentFinancialLiabilities>
    <ifrs-full:NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">97535000</ifrs-full:NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss>
    <ifrs-full:NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember" unitRef="BRL" decimals="-3">97535000</ifrs-full:NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss>
    <ifrs-full:NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_ifrs-full_DerivativesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_LeasesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_LeasesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_TradePayablesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_TradePayablesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_BorrowingsAndFinancingMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31_custom_BorrowingsAndFinancingMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember_ifrs-full_Level2OfFairValueHierarchyMember" unitRef="BRL" decimals="-3">97535000</ifrs-full:NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss>
    <ifrs-full:NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_ifrs-full_Level2OfFairValueHierarchyMember" unitRef="BRL" decimals="-3">106257000</ifrs-full:NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss>
    <ifrs-full:NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_custom_Derivatives1Member" unitRef="BRL" decimals="-3">97535000</ifrs-full:NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss>
    <ifrs-full:NoncurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">32195160000</ifrs-full:NoncurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:NoncurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">23377819000</ifrs-full:NoncurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:NoncurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2019-12-31_ifrs-full_DerivativesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2020-12-31_custom_LeasesMember" unitRef="BRL" decimals="-3">436505000</ifrs-full:NoncurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:NoncurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2019-12-31_custom_LeasesMember" unitRef="BRL" decimals="-3">439350000</ifrs-full:NoncurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:NoncurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2020-12-31_custom_TradePayablesMember" unitRef="BRL" decimals="-3">543527000</ifrs-full:NoncurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:NoncurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2019-12-31_custom_TradePayablesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2020-12-31_custom_BorrowingsAndFinancingMember" unitRef="BRL" decimals="-3">31215128000</ifrs-full:NoncurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:NoncurrentFinancialLiabilitiesAtAmortisedCost contextRef="AsOf2019-12-31_custom_BorrowingsAndFinancingMember" unitRef="BRL" decimals="-3">22938469000</ifrs-full:NoncurrentFinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:NoncurrentFinancialLiabilities contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">32292695000</ifrs-full:NoncurrentFinancialLiabilities>
    <ifrs-full:NoncurrentFinancialLiabilities contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">23377819000</ifrs-full:NoncurrentFinancialLiabilities>
    <ifrs-full:NoncurrentFinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember" unitRef="BRL" decimals="-3">97535000</ifrs-full:NoncurrentFinancialLiabilities>
    <ifrs-full:NoncurrentFinancialLiabilities contextRef="AsOf2019-12-31_ifrs-full_DerivativesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialLiabilities contextRef="AsOf2020-12-31_custom_LeasesMember" unitRef="BRL" decimals="-3">436505000</ifrs-full:NoncurrentFinancialLiabilities>
    <ifrs-full:NoncurrentFinancialLiabilities contextRef="AsOf2019-12-31_custom_LeasesMember" unitRef="BRL" decimals="-3">439350000</ifrs-full:NoncurrentFinancialLiabilities>
    <ifrs-full:NoncurrentFinancialLiabilities contextRef="AsOf2020-12-31_custom_TradePayablesMember" unitRef="BRL" decimals="-3">543527000</ifrs-full:NoncurrentFinancialLiabilities>
    <ifrs-full:NoncurrentFinancialLiabilities contextRef="AsOf2019-12-31_custom_TradePayablesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:NoncurrentFinancialLiabilities contextRef="AsOf2020-12-31_custom_BorrowingsAndFinancingMember" unitRef="BRL" decimals="-3">31215128000</ifrs-full:NoncurrentFinancialLiabilities>
    <ifrs-full:NoncurrentFinancialLiabilities contextRef="AsOf2019-12-31_custom_BorrowingsAndFinancingMember" unitRef="BRL" decimals="-3">22938469000</ifrs-full:NoncurrentFinancialLiabilities>
    <ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">106257000</ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss>
    <ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2019-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss contextRef="AsOf2020-12-31_ifrs-full_Level2OfFairValueHierarchyMember" unitRef="BRL" decimals="-3">106257000</ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLoss>
    <ifrs-full:FinancialLiabilitiesAtAmortisedCost contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">42833802000</ifrs-full:FinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:FinancialLiabilitiesAtAmortisedCost contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">32712311000</ifrs-full:FinancialLiabilitiesAtAmortisedCost>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">42940059000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">32712311000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_CDIMember" unitRef="BRL" decimals="-3">-9104416000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_CDIMember_custom_ScenarioIMember" unitRef="BRL" decimals="-3">-15794000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_CDIMember_custom_ScenarioIIMember" unitRef="BRL" decimals="-3">-31588000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_TJLPMember" unitRef="BRL" decimals="-3">-817374000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_TJLPMember_custom_ScenarioIMember" unitRef="BRL" decimals="-3">-9298000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_TJLPMember_custom_ScenarioIIMember" unitRef="BRL" decimals="-3">-18596000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_TJLPMember_custom_ProbableScenarioMember" unitRef="BRL" id="Foot-25-0" decimals="-3">-2155000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_LIBORMember_custom_ProbableScenarioMember" unitRef="BRL" id="Foot-25-1" decimals="-3">-43321000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_CDIMember_custom_ProbableScenarioMember" unitRef="BRL" id="Foot-25-2" decimals="-3">-10673000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_LIBORMember" unitRef="BRL" decimals="-3">-4533341000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_LIBORMember_custom_ScenarioIMember" unitRef="BRL" decimals="-3">-2920000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_LIBORMember_custom_ScenarioIIMember" unitRef="BRL" decimals="-3">-5840000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2020-12-31_custom_PerpetualBondsMember_ifrs-full_LiquidityRiskMember" unitRef="BRL" decimals="-3">5203773000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2019-12-31_custom_PerpetualBondsMember_ifrs-full_LiquidityRiskMember" unitRef="BRL" decimals="-3">4036186000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2020-12-31_custom_FixedRateNotesMember_ifrs-full_LiquidityRiskMember" unitRef="BRL" decimals="-3">15067341000</ifrs-full:FinancialLiabilities>
    <ifrs-full:FinancialLiabilities contextRef="AsOf2019-12-31_custom_FixedRateNotesMember_ifrs-full_LiquidityRiskMember" unitRef="BRL" decimals="-3">8090297000</ifrs-full:FinancialLiabilities>
    <sid:NumberOfShares contextRef="AsOf2020-12-31_custom_OrdinarySharesOneMember" unitRef="Shares" decimals="INF">107156651</sid:NumberOfShares>
    <sid:NumberOfShares contextRef="AsOf2019-12-31_custom_OrdinarySharesOneMember" unitRef="Shares" decimals="INF">107156651</sid:NumberOfShares>
    <sid:NumberOfShares contextRef="AsOf2020-12-31_ifrs-full_PreferenceSharesMember" unitRef="Shares" decimals="INF">111144456</sid:NumberOfShares>
    <sid:NumberOfShares contextRef="AsOf2019-12-31_ifrs-full_PreferenceSharesMember" unitRef="Shares" decimals="INF">111144456</sid:NumberOfShares>
    <sid:NumberOfShares contextRef="AsOf2020-12-31_custom_PreferenceSharesoneMember" unitRef="Shares" decimals="INF">2065529</sid:NumberOfShares>
    <sid:NumberOfShares contextRef="AsOf2019-12-31_custom_PreferenceSharesoneMember" unitRef="Shares" decimals="INF">2065529</sid:NumberOfShares>
    <sid:InvestmentInterestRate1 contextRef="From2020-01-01to2020-12-31_custom_OrdinarySharesOneMember" unitRef="Pure" decimals="INF">15.19</sid:InvestmentInterestRate1>
    <sid:InvestmentInterestRate1 contextRef="From2019-01-01to2019-12-31_custom_OrdinarySharesOneMember" unitRef="Pure" decimals="INF">15.19</sid:InvestmentInterestRate1>
    <sid:InvestmentInterestRate1 contextRef="From2020-01-01to2020-12-31_ifrs-full_PreferenceSharesMember" unitRef="Pure" decimals="INF">20.29</sid:InvestmentInterestRate1>
    <sid:InvestmentInterestRate1 contextRef="From2019-01-01to2019-12-31_ifrs-full_PreferenceSharesMember299031686" unitRef="Pure" decimals="INF">20.29</sid:InvestmentInterestRate1>
    <sid:InvestmentInterestRate1 contextRef="From2020-01-01to2020-12-31_custom_PreferenceSharesoneMember298599922" unitRef="Pure" decimals="INF">11.31</sid:InvestmentInterestRate1>
    <sid:InvestmentInterestRate1 contextRef="From2019-01-01to2019-12-31_custom_PreferenceSharesoneMember299340630" unitRef="Pure" decimals="INF">11.31</sid:InvestmentInterestRate1>
    <sid:SharePrice1 contextRef="AsOf2020-12-31_custom_OrdinarySharesOneMember" unitRef="N" decimals="INF">15.69</sid:SharePrice1>
    <sid:SharePrice1 contextRef="AsOf2019-12-31_custom_OrdinarySharesOneMember" unitRef="N" decimals="INF">9.87</sid:SharePrice1>
    <sid:SharePrice1 contextRef="AsOf2020-12-31_ifrs-full_PreferenceSharesMember" unitRef="N" decimals="INF">14.61</sid:SharePrice1>
    <sid:SharePrice1 contextRef="AsOf2019-12-31_ifrs-full_PreferenceSharesMember" unitRef="N" decimals="INF">9.51</sid:SharePrice1>
    <sid:SharePrice1 contextRef="AsOf2020-12-31_custom_PreferenceSharesoneMember" unitRef="N" decimals="INF">28.99</sid:SharePrice1>
    <sid:SharePrice1 contextRef="AsOf2019-12-31_custom_PreferenceSharesoneMember" unitRef="N" decimals="INF">22.90</sid:SharePrice1>
    <sid:StockValue contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">3305109000</sid:StockValue>
    <sid:StockValue contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">2114620000</sid:StockValue>
    <sid:StockValue contextRef="AsOf2020-12-31_custom_OrdinarySharesOneMember" unitRef="BRL" decimals="-3">1681288000</sid:StockValue>
    <sid:StockValue contextRef="AsOf2019-12-31_custom_OrdinarySharesOneMember" unitRef="BRL" decimals="-3">1057636000</sid:StockValue>
    <sid:StockValue contextRef="AsOf2020-12-31_ifrs-full_PreferenceSharesMember" unitRef="BRL" decimals="-3">1623821000</sid:StockValue>
    <sid:StockValue contextRef="AsOf2019-12-31_ifrs-full_PreferenceSharesMember" unitRef="BRL" decimals="-3">1056984000</sid:StockValue>
    <sid:StockValue contextRef="AsOf2020-12-31_custom_PreferenceSharesoneMember" unitRef="BRL" decimals="-3">59879000</sid:StockValue>
    <sid:StockValue contextRef="AsOf2019-12-31_custom_PreferenceSharesoneMember" unitRef="BRL" decimals="-3">47300000</sid:StockValue>
    <sid:StockValue contextRef="AsOf2020-12-31_custom_TotalSharesMember" unitRef="BRL" decimals="-3">3364988000</sid:StockValue>
    <sid:StockValue contextRef="AsOf2019-12-31_custom_TotalSharesMember" unitRef="BRL" decimals="-3">2161920000</sid:StockValue>
    <sid:FairValueAdjustmentRecognizedInProfitOrloss contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1190489000</sid:FairValueAdjustmentRecognizedInProfitOrloss>
    <sid:FairValueAdjustmentRecognizedInProfitOrloss contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-136004000</sid:FairValueAdjustmentRecognizedInProfitOrloss>
    <sid:FairValueAdjustmentRecognizedInProfitOrloss contextRef="From2020-01-01to2020-12-31_custom_OrdinarySharesOneMember" unitRef="BRL" decimals="-3">623652000</sid:FairValueAdjustmentRecognizedInProfitOrloss>
    <sid:FairValueAdjustmentRecognizedInProfitOrloss contextRef="From2019-01-01to2019-12-31_custom_OrdinarySharesOneMember" unitRef="BRL" decimals="-3">-168236000</sid:FairValueAdjustmentRecognizedInProfitOrloss>
    <sid:FairValueAdjustmentRecognizedInProfitOrloss contextRef="From2020-01-01to2020-12-31_ifrs-full_PreferenceSharesMember" unitRef="BRL" decimals="-3">566837000</sid:FairValueAdjustmentRecognizedInProfitOrloss>
    <sid:FairValueAdjustmentRecognizedInProfitOrloss contextRef="From2019-01-01to2019-12-31_ifrs-full_PreferenceSharesMember299031686" unitRef="BRL" decimals="-3">32232000</sid:FairValueAdjustmentRecognizedInProfitOrloss>
    <sid:FairValueAdjustmentRecognizedInProfitOrloss contextRef="From2020-01-01to2020-12-31_custom_PreferenceSharesoneMember298599922" unitRef="BRL" decimals="-3">12579000</sid:FairValueAdjustmentRecognizedInProfitOrloss>
    <sid:FairValueAdjustmentRecognizedInProfitOrloss contextRef="From2019-01-01to2019-12-31_custom_PreferenceSharesoneMember299340630" unitRef="BRL" decimals="-3">17224000</sid:FairValueAdjustmentRecognizedInProfitOrloss>
    <sid:FairValueAdjustmentRecognizedInProfitOrloss contextRef="From2020-01-01to2020-12-31_custom_TotalSharesMember298775595" unitRef="BRL" decimals="-3">1203068000</sid:FairValueAdjustmentRecognizedInProfitOrloss>
    <sid:FairValueAdjustmentRecognizedInProfitOrloss contextRef="From2019-01-01to2019-12-31_custom_TotalSharesMember" unitRef="BRL" decimals="-3">-118780000</sid:FairValueAdjustmentRecognizedInProfitOrloss>
    <sid:GrossCreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember" unitRef="BRL_USD" decimals="-3">-3876521000</sid:GrossCreditExposure>
    <sid:GrossCreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember" unitRef="BRL_Euro" decimals="-3">10138000</sid:GrossCreditExposure>
    <sid:GrossCreditExposure contextRef="AsOf2020-12-31_custom_USMember" unitRef="BRL_USD" decimals="-3">48679000</sid:GrossCreditExposure>
    <sid:GrossCreditExposure contextRef="AsOf2020-12-31_custom_EURMember" unitRef="BRL_Euro" decimals="-3">10138000</sid:GrossCreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_custom_CashAndCashEquivalentsOverseasMember" unitRef="BRL_USD" decimals="-3">664951000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_custom_CashAndCashEquivalentsOverseasMember" unitRef="BRL_Euro" decimals="-3">13372000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_ifrs-full_TradeReceivablesMember" unitRef="BRL_USD" decimals="-3">387039000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_ifrs-full_TradeReceivablesMember" unitRef="BRL_Euro" decimals="-3">2560000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_ifrs-full_OtherAssetsMember" unitRef="BRL_Euro" decimals="-3">4474000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_ifrs-full_OtherAssetsMember" unitRef="BRL_USD" decimals="-3">9158000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_ifrs-full_ClassesOfAssetsMember" unitRef="BRL_USD" decimals="-3">1084896000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_ifrs-full_ClassesOfAssetsMember" unitRef="BRL_Euro" decimals="-3">20406000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_custom_BorrowingsAndFinancingMember" unitRef="BRL_USD" decimals="-3">-4812268000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_custom_BorrowingsAndFinancingMember" unitRef="BRL_Euro" xsi:nil="true" />
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_custom_TradePayablesMember" unitRef="BRL_USD" decimals="-3">-139672000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_custom_TradePayablesMember" unitRef="BRL_Euro" decimals="-3">-9258000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_custom_OtherLiabilities1Member" unitRef="BRL_Euro" decimals="-3">-1010000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_custom_OtherLiabilities1Member" unitRef="BRL_USD" decimals="-3">-9305000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_ifrs-full_LiabilitiesMember" unitRef="BRL_USD" decimals="-3">-4961417000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_ifrs-full_LiabilitiesMember" unitRef="BRL_Euro" decimals="-3">-10268000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_ifrs-full_CashFlowHedgesMember" unitRef="BRL_USD" decimals="-3">3992200000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_ifrs-full_CashFlowHedgesMember" unitRef="BRL_Euro" xsi:nil="true" />
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_ifrs-full_CurrencySwapContractMember" unitRef="BRL_USD" decimals="-3">-67000000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_ifrs-full_CurrencySwapContractMember" unitRef="BRL_Euro" xsi:nil="true" />
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_custom_FinancialInvestmentsMember" unitRef="BRL_USD" decimals="-3">23748000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_custom_FinancialInvestmentsMember" unitRef="BRL_Euro" xsi:nil="true" />
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USMember_custom_IronOreDerivativeMember" unitRef="BRL_USD" decimals="-3">-172000</ifrs-full:CreditExposure>
    <ifrs-full:CreditExposure contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_custom_IronOreDerivativeMember" unitRef="BRL_Euro" xsi:nil="true" />
    <ifrs-full:ClosingForeignExchangeRate contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember" unitRef="N" decimals="INF">6.3779</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_country_US" unitRef="N" decimals="INF">5.1967</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_country_US_custom_ProbableScenarioMember" unitRef="N" decimals="INF">5.2617</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_country_US_custom_ScenarioIMember" unitRef="N" decimals="INF">6.4959</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_country_US_custom_ScenarioIIMember" unitRef="N" decimals="INF">7.7951</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_custom_ProbableScenarioMember" unitRef="N" decimals="INF">6.3867</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_custom_ScenarioIMember" unitRef="N" decimals="INF">7.9724</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_EURMember_custom_ScenarioIIMember" unitRef="N" decimals="INF">9.5669</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USDXEURMember" unitRef="N" decimals="INF">1.2271</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USDXEURMember_custom_ProbableScenarioMember" unitRef="N" decimals="INF">1.2124</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USDXEURMember_custom_ScenarioIMember" unitRef="N" decimals="INF">1.5339</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:ClosingForeignExchangeRate contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_USDXEURMember_custom_ScenarioIIMember" unitRef="N" decimals="INF">1.8407</ifrs-full:ClosingForeignExchangeRate>
    <ifrs-full:NotionalAmount contextRef="AsOf2020-12-31_ifrs-full_CashFlowHedgesMember_ifrs-full_CurrencyRiskMember_country_US" unitRef="BRL" decimals="-3">3992200000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount contextRef="AsOf2020-12-31_custom_GrossExchangePositionMember_ifrs-full_CurrencyRiskMember_country_US" unitRef="BRL" decimals="-3">-3876521000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount contextRef="AsOf2020-12-31_custom_NetExchangePositionMember_ifrs-full_CurrencyRiskMember_country_US" unitRef="BRL" decimals="-3">48679000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount contextRef="AsOf2020-12-31_custom_NetExchangePositionOneMember_ifrs-full_CurrencyRiskMember_currency_EUR" unitRef="BRL" decimals="-3">10138000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="BRL" decimals="-3">962675000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565" unitRef="BRL" decimals="-3">844426000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroMember_country_US" unitRef="BRL" decimals="-3">40697000</ifrs-full:NotionalAmount>
    <ifrs-full:NotionalAmount contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateAwapCDIDollarMember_country_US" unitRef="BRL" decimals="-3">-67000000</ifrs-full:NotionalAmount>
    <sid:CurrencyRisk contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_country_US">Dollar</sid:CurrencyRisk>
    <sid:CurrencyRisk contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_GrossExchangePositionMember_country_US">Dollar</sid:CurrencyRisk>
    <sid:CurrencyRisk contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateAwapCDIDollarMember_country_US">Dollar</sid:CurrencyRisk>
    <sid:CurrencyRisk contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_NetExchangePositionMember_country_US">Dollar</sid:CurrencyRisk>
    <sid:CurrencyRisk contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_NetExchangePositionOneMember_currency_EUR">Euro</sid:CurrencyRisk>
    <sid:CurrencyRisk contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroMember_country_US">Dollar</sid:CurrencyRisk>
    <ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_ExchangeRateSwapDollarEuroMember_ifrs-full_CurrencyRiskMember_custom_ProbableScenarioMember_country_US" unitRef="BRL" id="Foot-26-0" decimals="-3">5264000</ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_NetExchangePositionOneMember_ifrs-full_CurrencyRiskMember_custom_ProbableScenarioMember_currency_EUR" unitRef="BRL" id="Foot-26-1" decimals="-3">89000</ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_NetExchangePositionMember_ifrs-full_CurrencyRiskMember_custom_ProbableScenarioMember_country_US" unitRef="BRL" id="Foot-26-2" decimals="-3">3164000</ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_ExchangeRateAwapCDIDollarMember_ifrs-full_CurrencyRiskMember_custom_ProbableScenarioMember_country_US" unitRef="BRL" id="Foot-26-3" decimals="-3">-4355000</ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_GrossExchangePositionMember_ifrs-full_CurrencyRiskMember_custom_ProbableScenarioMember_country_US" unitRef="BRL" id="Foot-26-4" decimals="-3">-251974000</ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_ifrs-full_CashFlowHedgesMember_ifrs-full_CurrencyRiskMember_custom_ProbableScenarioMember_country_US1634016217" unitRef="BRL" decimals="-3">259493000</ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_ifrs-full_CashFlowHedgesMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIMember_country_US" unitRef="BRL" decimals="-3">5186566000</ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_ifrs-full_CashFlowHedgesMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIIMember_country_US" unitRef="BRL" decimals="-3">10373133000</ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_GrossExchangePositionMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIMember_country_US" unitRef="BRL" decimals="-3">-5036279000</ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_GrossExchangePositionMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIIMember_country_US" unitRef="BRL" decimals="-3">-10072558000</ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_ExchangeRateAwapCDIDollarMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIMember_country_US" unitRef="BRL" decimals="-3">-87045000</ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_ExchangeRateAwapCDIDollarMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIIMember_country_US" unitRef="BRL" decimals="-3">-174089000</ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_NetExchangePositionMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIMember_country_US" unitRef="BRL" decimals="-3">63242000</ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_NetExchangePositionMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIIMember_country_US" unitRef="BRL" decimals="-3">126486000</ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_NetExchangePositionOneMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIMember_currency_EUR" unitRef="BRL" decimals="-3">16165000</ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_NetExchangePositionOneMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIIMember_currency_EUR" unitRef="BRL" decimals="-3">32330000</ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_ExchangeRateSwapDollarEuroMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIMember_country_US" unitRef="BRL" decimals="-3">50134000</ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss>
    <ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_ExchangeRateSwapDollarEuroMember_ifrs-full_CurrencyRiskMember_custom_ScenarioIIMember_country_US" unitRef="BRL" decimals="-3">78337000</ifrs-full:GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss>
    <sid:SensitivityAnalysisForStockPriceRisks contextRef="From2020-01-01to2020-12-31_custom_ProbableScenarioMember_custom_OrdinarySharesOneMember" unitRef="BRL" decimals="-3">-84064000</sid:SensitivityAnalysisForStockPriceRisks>
    <sid:SensitivityAnalysisForStockPriceRisks contextRef="From2020-01-01to2020-12-31_custom_ScenarioIIThreeMember_custom_OrdinarySharesOneMember" unitRef="BRL" decimals="-3">-420322000</sid:SensitivityAnalysisForStockPriceRisks>
    <sid:SensitivityAnalysisForStockPriceRisks contextRef="From2020-01-01to2020-12-31_custom_ScenarioIITwoMember_custom_OrdinarySharesOneMember" unitRef="BRL" decimals="-3">-840644000</sid:SensitivityAnalysisForStockPriceRisks>
    <sid:SensitivityAnalysisForStockPriceRisks contextRef="From2020-01-01to2020-12-31_custom_ProbableScenarioMember_ifrs-full_PreferenceSharesMember" unitRef="BRL" decimals="-3">-81191000</sid:SensitivityAnalysisForStockPriceRisks>
    <sid:SensitivityAnalysisForStockPriceRisks contextRef="From2020-01-01to2020-12-31_custom_ScenarioIIThreeMember_ifrs-full_PreferenceSharesMember" unitRef="BRL" decimals="-3">-405955000</sid:SensitivityAnalysisForStockPriceRisks>
    <sid:SensitivityAnalysisForStockPriceRisks contextRef="From2020-01-01to2020-12-31_custom_ScenarioIITwoMember_ifrs-full_PreferenceSharesMember" unitRef="BRL" decimals="-3">-811910000</sid:SensitivityAnalysisForStockPriceRisks>
    <sid:SensitivityAnalysisForStockPriceRisks contextRef="From2020-01-01to2020-12-31_custom_ProbableScenarioMember_custom_PreferenceSharesoneMember" unitRef="BRL" decimals="-3">-2994000</sid:SensitivityAnalysisForStockPriceRisks>
    <sid:SensitivityAnalysisForStockPriceRisks contextRef="From2020-01-01to2020-12-31_custom_ScenarioIIThreeMember_custom_PreferenceSharesoneMember" unitRef="BRL" decimals="-3">-14970000</sid:SensitivityAnalysisForStockPriceRisks>
    <sid:SensitivityAnalysisForStockPriceRisks contextRef="From2020-01-01to2020-12-31_custom_ScenarioIITwoMember_custom_PreferenceSharesoneMember" unitRef="BRL" decimals="-3">-29940000</sid:SensitivityAnalysisForStockPriceRisks>
    <sid:SensitivityAnalysisInterestRate contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_CDIMember" unitRef="Pure" decimals="INF">0.0190</sid:SensitivityAnalysisInterestRate>
    <sid:SensitivityAnalysisInterestRate contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_CDIMember_custom_ScenarioIMember" unitRef="Pure" decimals="INF">0.0238</sid:SensitivityAnalysisInterestRate>
    <sid:SensitivityAnalysisInterestRate contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_CDIMember_custom_ScenarioIIMember" unitRef="Pure" decimals="INF">0.0285</sid:SensitivityAnalysisInterestRate>
    <sid:SensitivityAnalysisInterestRate contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_TJLPMember" unitRef="Pure" decimals="INF">0.0455</sid:SensitivityAnalysisInterestRate>
    <sid:SensitivityAnalysisInterestRate contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_TJLPMember_custom_ScenarioIMember" unitRef="Pure" decimals="INF">0.0569</sid:SensitivityAnalysisInterestRate>
    <sid:SensitivityAnalysisInterestRate contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_TJLPMember_custom_ScenarioIIMember" unitRef="Pure" decimals="INF">0.0638</sid:SensitivityAnalysisInterestRate>
    <sid:SensitivityAnalysisInterestRate contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_LondonInterbankOfferedRateLIBOROneMember" unitRef="Pure" decimals="INF">0.0026</sid:SensitivityAnalysisInterestRate>
    <sid:SensitivityAnalysisInterestRate contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_LondonInterbankOfferedRateLIBOROneMember_custom_ScenarioIMember" unitRef="Pure" decimals="INF">0.0032</sid:SensitivityAnalysisInterestRate>
    <sid:SensitivityAnalysisInterestRate contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_LondonInterbankOfferedRateLIBOROneMember_custom_ScenarioIIMember" unitRef="Pure" decimals="INF">0.0039</sid:SensitivityAnalysisInterestRate>
    <sid:InterestRatesDuringTheYear contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_CDIMember" unitRef="Pure" decimals="INF">0.0190</sid:InterestRatesDuringTheYear>
    <sid:InterestRatesDuringTheYear contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_TJLPMember" unitRef="Pure" decimals="INF">0.0455</sid:InterestRatesDuringTheYear>
    <sid:InterestRatesDuringTheYear contextRef="AsOf2020-12-31_ifrs-full_InterestRateRiskMember_custom_LIBORMember" unitRef="Pure" decimals="INF">0.0026</sid:InterestRatesDuringTheYear>
    <sid:SensitivityAnalysisForPriceRisks contextRef="From2020-01-01to2020-12-31_custom_ProbableScenarioMember_custom_NotLaterThanOneYearsMember" unitRef="BRL" id="Foot-27-0" decimals="-3">-33677000</sid:SensitivityAnalysisForPriceRisks>
    <sid:SensitivityAnalysisForPriceRisks contextRef="From2020-01-01to2020-12-31_custom_ProbableScenarioMember_ifrs-full_LaterThanOneYearMember" unitRef="BRL" id="Foot-27-1" decimals="-3">-43144000</sid:SensitivityAnalysisForPriceRisks>
    <sid:SensitivityAnalysisForPriceRisks contextRef="From2020-01-01to2020-12-31_custom_ProbableScenarioMember" unitRef="BRL" id="Foot-27-2" decimals="-3">-76821000</sid:SensitivityAnalysisForPriceRisks>
    <sid:SensitivityAnalysisForPriceRisks contextRef="From2020-01-01to2020-12-31_custom_ScenarioIITwoMember_ifrs-full_LaterThanOneYearMember" unitRef="BRL" decimals="-3">-255830000</sid:SensitivityAnalysisForPriceRisks>
    <sid:SensitivityAnalysisForPriceRisks contextRef="From2020-01-01to2020-12-31_custom_ScenarioIIThreeMember_custom_NotLaterThanOneYearsMember" unitRef="BRL" decimals="-3">-120262000</sid:SensitivityAnalysisForPriceRisks>
    <sid:SensitivityAnalysisForPriceRisks contextRef="From2020-01-01to2020-12-31_custom_ScenarioIITwoMember_custom_NotLaterThanOneYearsMember" unitRef="BRL" decimals="-3">-240524000</sid:SensitivityAnalysisForPriceRisks>
    <sid:SensitivityAnalysisForPriceRisks contextRef="From2020-01-01to2020-12-31_custom_ScenarioIIThreeMember_ifrs-full_LaterThanOneYearMember" unitRef="BRL" decimals="-3">-127915000</sid:SensitivityAnalysisForPriceRisks>
    <sid:SensitivityAnalysisForPriceRisks contextRef="From2020-01-01to2020-12-31_custom_ScenarioIIThreeMember" unitRef="BRL" decimals="-3">-248177000</sid:SensitivityAnalysisForPriceRisks>
    <sid:SensitivityAnalysisForPriceRisks contextRef="From2020-01-01to2020-12-31_custom_ScenarioIITwoMember" unitRef="BRL" decimals="-3">-496354000</sid:SensitivityAnalysisForPriceRisks>
    <sid:Maturity contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroMember">04/26/2021 to 06/08/2021</sid:Maturity>
    <sid:Maturity contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroOneMember">01/06/2021 a 06/11/2021</sid:Maturity>
    <sid:Maturity contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapGBPEuroMember">Settled</sid:Maturity>
    <sid:Maturity contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapCDIDollarMember">2/10/2023</sid:Maturity>
    <sid:FunctionalCurrency contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroMember">Dollar</sid:FunctionalCurrency>
    <sid:FunctionalCurrency contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroOneMember">Dollar</sid:FunctionalCurrency>
    <sid:FunctionalCurrency contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapGBPEuroMember">GBP</sid:FunctionalCurrency>
    <sid:FunctionalCurrency contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapCDIDollarMember">Dollar</sid:FunctionalCurrency>
    <sid:NotionalAmounts contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroMember" unitRef="BRL" decimals="-3">17377000</sid:NotionalAmounts>
    <sid:NotionalAmounts contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroOneMember" unitRef="BRL" decimals="-3">23320000</sid:NotionalAmounts>
    <sid:NotionalAmounts contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_TotalDollarToEuroSwapMember" unitRef="BRL" decimals="-3">40697000</sid:NotionalAmounts>
    <sid:NotionalAmounts contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapGBPEuroMember" unitRef="BRL" decimals="-3">3956000</sid:NotionalAmounts>
    <sid:NotionalAmounts contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_TotalSwapGBPEuroMember" unitRef="BRL" decimals="-3">3956000</sid:NotionalAmounts>
    <sid:NotionalAmounts contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapCDIDollarMember" unitRef="BRL" decimals="-3">-67000000</sid:NotionalAmounts>
    <sid:NotionalAmounts contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_TotalSwapCDIDollarMember" unitRef="BRL" decimals="-3">-67000000</sid:NotionalAmounts>
    <sid:AppreciationAssetPosition contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroMember" unitRef="BRL" decimals="-3">90315000</sid:AppreciationAssetPosition>
    <sid:AppreciationAssetPosition contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroOneMember" unitRef="BRL" decimals="-3">121207000</sid:AppreciationAssetPosition>
    <sid:AppreciationAssetPosition contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_TotalDollarToEuroSwapMember" unitRef="BRL" decimals="-3">211522000</sid:AppreciationAssetPosition>
    <sid:AppreciationAssetPosition contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapCDIDollarMember" unitRef="BRL" decimals="-3">289544000</sid:AppreciationAssetPosition>
    <sid:AppreciationAssetPosition contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_TotalSwapCDIDollarMember" unitRef="BRL" decimals="-3">289544000</sid:AppreciationAssetPosition>
    <sid:AppreciationAssetPosition contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember" unitRef="BRL" decimals="-3">501066000</sid:AppreciationAssetPosition>
    <sid:AppreciationAssetPosition contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" unitRef="BRL" decimals="-3">486852000</sid:AppreciationAssetPosition>
    <sid:AppreciationAssetPosition contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" unitRef="BRL" decimals="-3">527684000</sid:AppreciationAssetPosition>
    <sid:AppreciationLiabilityPosition contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroMember" unitRef="BRL" decimals="-3">-93823000</sid:AppreciationLiabilityPosition>
    <sid:AppreciationLiabilityPosition contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroOneMember" unitRef="BRL" decimals="-3">-125528000</sid:AppreciationLiabilityPosition>
    <sid:AppreciationLiabilityPosition contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_TotalDollarToEuroSwapMember" unitRef="BRL" decimals="-3">-219351000</sid:AppreciationLiabilityPosition>
    <sid:AppreciationLiabilityPosition contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapCDIDollarMember" unitRef="BRL" decimals="-3">-387079000</sid:AppreciationLiabilityPosition>
    <sid:AppreciationLiabilityPosition contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_TotalSwapCDIDollarMember" unitRef="BRL" decimals="-3">-387079000</sid:AppreciationLiabilityPosition>
    <sid:AppreciationLiabilityPosition contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember" unitRef="BRL" decimals="-3">-606430000</sid:AppreciationLiabilityPosition>
    <sid:AppreciationLiabilityPosition contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" unitRef="BRL" decimals="-3">-493925000</sid:AppreciationLiabilityPosition>
    <sid:AppreciationLiabilityPosition contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" unitRef="BRL" decimals="-3">-521504000</sid:AppreciationLiabilityPosition>
    <sid:FairValueMarketAmoountReceivablePayable contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroMember" unitRef="BRL" decimals="-3">-3508000</sid:FairValueMarketAmoountReceivablePayable>
    <sid:FairValueMarketAmoountReceivablePayable contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroOneMember" unitRef="BRL" decimals="-3">-4321000</sid:FairValueMarketAmoountReceivablePayable>
    <sid:FairValueMarketAmoountReceivablePayable contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_TotalDollarToEuroSwapMember" unitRef="BRL" decimals="-3">-7829000</sid:FairValueMarketAmoountReceivablePayable>
    <sid:FairValueMarketAmoountReceivablePayable contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapCDIDollarMember" unitRef="BRL" decimals="-3">-97535000</sid:FairValueMarketAmoountReceivablePayable>
    <sid:FairValueMarketAmoountReceivablePayable contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_TotalSwapCDIDollarMember" unitRef="BRL" decimals="-3">-97535000</sid:FairValueMarketAmoountReceivablePayable>
    <sid:FairValueMarketAmoountReceivablePayable contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember" unitRef="BRL" decimals="-3">-105364000</sid:FairValueMarketAmoountReceivablePayable>
    <sid:FairValueMarketAmoountReceivablePayable contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" unitRef="BRL" decimals="-3">-7073000</sid:FairValueMarketAmoountReceivablePayable>
    <sid:FairValueMarketAmoountReceivablePayable contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" unitRef="BRL" decimals="-3">6180000</sid:FairValueMarketAmoountReceivablePayable>
    <sid:ImpactOnFinancialIncomeExpenses contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroMember" unitRef="BRL" decimals="-3">-4749000</sid:ImpactOnFinancialIncomeExpenses>
    <sid:ImpactOnFinancialIncomeExpenses contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroOneMember" unitRef="BRL" decimals="-3">-4321000</sid:ImpactOnFinancialIncomeExpenses>
    <sid:ImpactOnFinancialIncomeExpenses contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_TotalDollarToEuroSwapMember" unitRef="BRL" decimals="-3">-9070000</sid:ImpactOnFinancialIncomeExpenses>
    <sid:ImpactOnFinancialIncomeExpenses contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapGBPEuroMember" unitRef="BRL" decimals="-3">-602000</sid:ImpactOnFinancialIncomeExpenses>
    <sid:ImpactOnFinancialIncomeExpenses contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_TotalSwapGBPEuroMember" unitRef="BRL" decimals="-3">-602000</sid:ImpactOnFinancialIncomeExpenses>
    <sid:ImpactOnFinancialIncomeExpenses contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapCDIDollarMember" unitRef="BRL" decimals="-3">-106143000</sid:ImpactOnFinancialIncomeExpenses>
    <sid:ImpactOnFinancialIncomeExpenses contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_TotalSwapCDIDollarMember" unitRef="BRL" decimals="-3">-106143000</sid:ImpactOnFinancialIncomeExpenses>
    <sid:ImpactOnFinancialIncomeExpenses contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember" unitRef="BRL" decimals="-3">-115815000</sid:ImpactOnFinancialIncomeExpenses>
    <sid:HedgingRelationshipDesignationDate contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesMember">12/18/2014</sid:HedgingRelationshipDesignationDate>
    <sid:HedgingRelationshipDesignationDate contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesOneMember">12/18/2014</sid:HedgingRelationshipDesignationDate>
    <sid:HedgingRelationshipDesignationDate contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTwoMember">12/18/2014</sid:HedgingRelationshipDesignationDate>
    <sid:HedgingRelationshipDesignationDate contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesThreeMember">7/21/2015</sid:HedgingRelationshipDesignationDate>
    <sid:HedgingRelationshipDesignationDate contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFourMember">7/23/2015</sid:HedgingRelationshipDesignationDate>
    <sid:HedgingRelationshipDesignationDate contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFiveMember">7/23/2015</sid:HedgingRelationshipDesignationDate>
    <sid:HedgingRelationshipDesignationDate contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSixMember">7/24/2015</sid:HedgingRelationshipDesignationDate>
    <sid:HedgingRelationshipDesignationDate contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSevenMember">7/27/2015</sid:HedgingRelationshipDesignationDate>
    <sid:HedgingRelationshipDesignationDate contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesEightMember">7/27/2015</sid:HedgingRelationshipDesignationDate>
    <sid:HedgingRelationshipDesignationDate contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesNineMember">7/27/2015</sid:HedgingRelationshipDesignationDate>
    <sid:HedgingRelationshipDesignationDate contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTenMember">7/28/2015</sid:HedgingRelationshipDesignationDate>
    <sid:HedgingRelationshipDesignationDate contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesElevenMember">3/8/2015</sid:HedgingRelationshipDesignationDate>
    <sid:HedgingRelationshipDesignationDate contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondMember">2/4/2018</sid:HedgingRelationshipDesignationDate>
    <sid:HedgingRelationshipDesignationDate contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSMember">7/31/2019</sid:HedgingRelationshipDesignationDate>
    <sid:HedgingRelationshipDesignationDate contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSOneMember">10/1/2020</sid:HedgingRelationshipDesignationDate>
    <sid:HedgingRelationshipDesignationDate contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondOneMember">1/28/2020</sid:HedgingRelationshipDesignationDate>
    <sid:HedgingRelationshipDesignationDate contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember_custom_NonDerivativeFinancialLiabilitiesInEurDebtContractMember">09/30/2015</sid:HedgingRelationshipDesignationDate>
    <ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesMember">Export prepayments in US$ to third parties</ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument>
    <ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesOneMember">Export prepayments in US$ to third parties</ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument>
    <ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTwoMember">Export prepayments in US$ to third parties</ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument>
    <ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesThreeMember">Export prepayments in US$ to third parties</ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument>
    <ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFourMember">Export prepayments in US$ to third parties</ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument>
    <ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFiveMember">Export prepayments in US$ to third parties</ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument>
    <ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSixMember">Export prepayments in US$ to third parties</ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument>
    <ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSevenMember">Export prepayments in US$ to third parties</ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument>
    <ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesEightMember">Export prepayments in US$ to third parties</ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument>
    <ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesNineMember">Export prepayments in US$ to third parties</ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument>
    <ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTenMember">Export prepayments in US$ to third parties</ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument>
    <ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesElevenMember">Export prepayments in US$ to third parties</ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument>
    <ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondMember">Bonds</ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument>
    <ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSMember">Bonds and Export prepayments in US$ to third parties</ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument>
    <ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSOneMember">Bonds without express maturity and Export prepayments in US$ to third parties</ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument>
    <ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondOneMember">Bonds</ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument>
    <ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember_custom_NonDerivativeFinancialLiabilitiesInEurDebtContractMember">Non-derivative financial liabilities in EUR &#8211; Debt contract</ifrs-full:DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument>
    <ifrs-full:DescriptionOfNatureOfRisksBeingHedged contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesMember">Part of the highly probable future monthly iron ore exports</ifrs-full:DescriptionOfNatureOfRisksBeingHedged>
    <ifrs-full:DescriptionOfNatureOfRisksBeingHedged contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesOneMember">Part of the highly probable future monthly iron ore exports</ifrs-full:DescriptionOfNatureOfRisksBeingHedged>
    <ifrs-full:DescriptionOfNatureOfRisksBeingHedged contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTwoMember">Part of the highly probable future monthly iron ore exports</ifrs-full:DescriptionOfNatureOfRisksBeingHedged>
    <ifrs-full:DescriptionOfNatureOfRisksBeingHedged contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesThreeMember">Part of the highly probable future monthly iron ore exports</ifrs-full:DescriptionOfNatureOfRisksBeingHedged>
    <ifrs-full:DescriptionOfNatureOfRisksBeingHedged contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFourMember">Part of the highly probable future monthly iron ore exports</ifrs-full:DescriptionOfNatureOfRisksBeingHedged>
    <ifrs-full:DescriptionOfNatureOfRisksBeingHedged contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFiveMember">Part of the highly probable future monthly iron ore exports</ifrs-full:DescriptionOfNatureOfRisksBeingHedged>
    <ifrs-full:DescriptionOfNatureOfRisksBeingHedged contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSixMember">Part of the highly probable future monthly iron ore exports</ifrs-full:DescriptionOfNatureOfRisksBeingHedged>
    <ifrs-full:DescriptionOfNatureOfRisksBeingHedged contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSevenMember">Part of the highly probable future monthly iron ore exports</ifrs-full:DescriptionOfNatureOfRisksBeingHedged>
    <ifrs-full:DescriptionOfNatureOfRisksBeingHedged contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesEightMember">Part of the highly probable future monthly iron ore exports</ifrs-full:DescriptionOfNatureOfRisksBeingHedged>
    <ifrs-full:DescriptionOfNatureOfRisksBeingHedged contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesNineMember">Part of the highly probable future monthly iron ore exports</ifrs-full:DescriptionOfNatureOfRisksBeingHedged>
    <ifrs-full:DescriptionOfNatureOfRisksBeingHedged contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTenMember">Part of the highly probable future monthly iron ore exports</ifrs-full:DescriptionOfNatureOfRisksBeingHedged>
    <ifrs-full:DescriptionOfNatureOfRisksBeingHedged contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesElevenMember">Part of the highly probable future monthly iron ore exports</ifrs-full:DescriptionOfNatureOfRisksBeingHedged>
    <ifrs-full:DescriptionOfNatureOfRisksBeingHedged contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondMember">Part of the highly probable future monthly iron ore exports</ifrs-full:DescriptionOfNatureOfRisksBeingHedged>
    <ifrs-full:DescriptionOfNatureOfRisksBeingHedged contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSMember">Part of the highly probable future monthly iron ore exports</ifrs-full:DescriptionOfNatureOfRisksBeingHedged>
    <ifrs-full:DescriptionOfNatureOfRisksBeingHedged contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSOneMember">Part of the highly probable future monthly iron ore exports</ifrs-full:DescriptionOfNatureOfRisksBeingHedged>
    <ifrs-full:DescriptionOfNatureOfRisksBeingHedged contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondOneMember">Part of the highly probable future monthly iron ore exports</ifrs-full:DescriptionOfNatureOfRisksBeingHedged>
    <ifrs-full:DescriptionOfNatureOfRisksBeingHedged contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember_custom_NonDerivativeFinancialLiabilitiesInEurDebtContractMember">Investments in subsidiaries which EUR is the functional currency</ifrs-full:DescriptionOfNatureOfRisksBeingHedged>
    <ifrs-full:DescriptionOfTypeOfHedge contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesMember">Foreign exchange - R$ vs. US$ spot rate</ifrs-full:DescriptionOfTypeOfHedge>
    <ifrs-full:DescriptionOfTypeOfHedge contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesOneMember">Foreign exchange - R$ vs. US$ spot rate</ifrs-full:DescriptionOfTypeOfHedge>
    <ifrs-full:DescriptionOfTypeOfHedge contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTwoMember">Foreign exchange - R$ vs. US$ spot rate</ifrs-full:DescriptionOfTypeOfHedge>
    <ifrs-full:DescriptionOfTypeOfHedge contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesThreeMember">Foreign exchange - R$ vs. US$ spot rate</ifrs-full:DescriptionOfTypeOfHedge>
    <ifrs-full:DescriptionOfTypeOfHedge contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFourMember">Foreign exchange - R$ vs. US$ spot rate</ifrs-full:DescriptionOfTypeOfHedge>
    <ifrs-full:DescriptionOfTypeOfHedge contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFiveMember">Foreign exchange - R$ vs. US$ spot rate</ifrs-full:DescriptionOfTypeOfHedge>
    <ifrs-full:DescriptionOfTypeOfHedge contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSixMember">Foreign exchange - R$ vs. US$ spot rate</ifrs-full:DescriptionOfTypeOfHedge>
    <ifrs-full:DescriptionOfTypeOfHedge contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSevenMember">Foreign exchange - R$ vs. US$ spot rate</ifrs-full:DescriptionOfTypeOfHedge>
    <ifrs-full:DescriptionOfTypeOfHedge contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesEightMember">Foreign exchange - R$ vs. US$ spot rate</ifrs-full:DescriptionOfTypeOfHedge>
    <ifrs-full:DescriptionOfTypeOfHedge contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesNineMember">Foreign exchange - R$ vs. US$ spot rate</ifrs-full:DescriptionOfTypeOfHedge>
    <ifrs-full:DescriptionOfTypeOfHedge contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTenMember">Foreign exchange - R$ vs. US$ spot rate</ifrs-full:DescriptionOfTypeOfHedge>
    <ifrs-full:DescriptionOfTypeOfHedge contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesElevenMember">Foreign exchange - R$ vs. US$ spot rate</ifrs-full:DescriptionOfTypeOfHedge>
    <ifrs-full:DescriptionOfTypeOfHedge contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondMember">Foreign exchange - R$ vs. US$ spot rate</ifrs-full:DescriptionOfTypeOfHedge>
    <ifrs-full:DescriptionOfTypeOfHedge contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSMember">Foreign exchange - R$ vs. US$ spot rate</ifrs-full:DescriptionOfTypeOfHedge>
    <ifrs-full:DescriptionOfTypeOfHedge contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSOneMember">Foreign exchange - R$ vs. US$ spot rate</ifrs-full:DescriptionOfTypeOfHedge>
    <ifrs-full:DescriptionOfTypeOfHedge contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondOneMember">Foreign exchange - R$ vs. US$ spot rate</ifrs-full:DescriptionOfTypeOfHedge>
    <ifrs-full:DescriptionOfTypeOfHedge contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember_custom_NonDerivativeFinancialLiabilitiesInEurDebtContractMember">Foreign exchange - R$ vs. EUR spot rate</ifrs-full:DescriptionOfTypeOfHedge>
    <ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesMember">&#160;May 2020&#160;</ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur>
    <ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesOneMember">&#160;May 2020&#160;</ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur>
    <ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTwoMember">&#160;May 2020&#160;</ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur>
    <ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesThreeMember">&#160;July 2019 - March 2021&#160;</ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur>
    <ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFourMember">&#160;July 2019 - March 2021&#160;</ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur>
    <ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFiveMember">&#160;August 2018 - October 2022&#160;</ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur>
    <ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSixMember">&#160;August 2018 - October 2022&#160;</ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur>
    <ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSevenMember">&#160;August 2018 - October 2022&#160;</ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur>
    <ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesEightMember">&#160;August 2018 - October 2022&#160;</ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur>
    <ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesNineMember">&#160;August 2018 - October 2022&#160;</ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur>
    <ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTenMember">&#160;August 2018 - October 2022&#160;</ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur>
    <ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesElevenMember">&#160;July 2018 - October 2022&#160;</ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur>
    <ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondMember">&#160;July 2018 - February 2023&#160;</ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur>
    <ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSMember">&#160;January 2020 - April 2026&#160;</ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur>
    <ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSOneMember">&#160;March 2020 - December 2050&#160;</ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur>
    <ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondOneMember">&#160;March 2017 - January 2028&#160;</ifrs-full:DescriptionOfPeriodsWhenCashFlowsExpectedToOccur>
    <ifrs-full:AveragePriceOfHedgingInstrument contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesMember" unitRef="N" decimals="INF">2.6805</ifrs-full:AveragePriceOfHedgingInstrument>
    <ifrs-full:AveragePriceOfHedgingInstrument contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesOneMember" unitRef="N" decimals="INF">2.678</ifrs-full:AveragePriceOfHedgingInstrument>
    <ifrs-full:AveragePriceOfHedgingInstrument contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTwoMember" unitRef="N" decimals="INF">2.676</ifrs-full:AveragePriceOfHedgingInstrument>
    <ifrs-full:AveragePriceOfHedgingInstrument contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesThreeMember" unitRef="N" decimals="INF">3.1813</ifrs-full:AveragePriceOfHedgingInstrument>
    <ifrs-full:AveragePriceOfHedgingInstrument contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFourMember" unitRef="N" decimals="INF">3.285</ifrs-full:AveragePriceOfHedgingInstrument>
    <ifrs-full:AveragePriceOfHedgingInstrument contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFiveMember" unitRef="N" decimals="INF">3.285</ifrs-full:AveragePriceOfHedgingInstrument>
    <ifrs-full:AveragePriceOfHedgingInstrument contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSixMember" unitRef="N" decimals="INF">3.3254</ifrs-full:AveragePriceOfHedgingInstrument>
    <ifrs-full:AveragePriceOfHedgingInstrument contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSevenMember" unitRef="N" decimals="INF">3.3557</ifrs-full:AveragePriceOfHedgingInstrument>
    <ifrs-full:AveragePriceOfHedgingInstrument contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesEightMember" unitRef="N" decimals="INF">3.3557</ifrs-full:AveragePriceOfHedgingInstrument>
    <ifrs-full:AveragePriceOfHedgingInstrument contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesNineMember" unitRef="N" decimals="INF">3.3557</ifrs-full:AveragePriceOfHedgingInstrument>
    <ifrs-full:AveragePriceOfHedgingInstrument contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTenMember" unitRef="N" decimals="INF">3.3815</ifrs-full:AveragePriceOfHedgingInstrument>
    <ifrs-full:AveragePriceOfHedgingInstrument contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesElevenMember" unitRef="N" decimals="INF">3.394</ifrs-full:AveragePriceOfHedgingInstrument>
    <ifrs-full:AveragePriceOfHedgingInstrument contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondMember" unitRef="N" decimals="INF">3.3104</ifrs-full:AveragePriceOfHedgingInstrument>
    <ifrs-full:AveragePriceOfHedgingInstrument contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSMember" unitRef="N" decimals="INF">3.7649</ifrs-full:AveragePriceOfHedgingInstrument>
    <ifrs-full:AveragePriceOfHedgingInstrument contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSOneMember" unitRef="N" decimals="INF">4.0745</ifrs-full:AveragePriceOfHedgingInstrument>
    <ifrs-full:AveragePriceOfHedgingInstrument contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondOneMember" unitRef="N" decimals="INF">4.2064</ifrs-full:AveragePriceOfHedgingInstrument>
    <ifrs-full:AveragePriceOfHedgingInstrument contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember_custom_NonDerivativeFinancialLiabilitiesInEurDebtContractMember" unitRef="N" decimals="INF">4.0825</ifrs-full:AveragePriceOfHedgingInstrument>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CashFlowHedgesMember_ifrs-full_CurrencyRiskMember" unitRef="BRL" decimals="-3">5828806000</ifrs-full:HedgedItemAssets>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesMember" unitRef="BRL" decimals="-3">30000000</ifrs-full:HedgedItemAssets>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesOneMember" unitRef="BRL" decimals="-3">35000000</ifrs-full:HedgedItemAssets>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTwoMember" unitRef="BRL" decimals="-3">35000000</ifrs-full:HedgedItemAssets>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesThreeMember" unitRef="BRL" decimals="-3">60000000</ifrs-full:HedgedItemAssets>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFourMember" unitRef="BRL" decimals="-3">100000000</ifrs-full:HedgedItemAssets>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFiveMember" unitRef="BRL" decimals="-3">30000000</ifrs-full:HedgedItemAssets>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSixMember" unitRef="BRL" decimals="-3">100000000</ifrs-full:HedgedItemAssets>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSevenMember" unitRef="BRL" decimals="-3">25000000</ifrs-full:HedgedItemAssets>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesEightMember" unitRef="BRL" decimals="-3">70000000</ifrs-full:HedgedItemAssets>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesNineMember" unitRef="BRL" decimals="-3">30000000</ifrs-full:HedgedItemAssets>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTenMember" unitRef="BRL" decimals="-3">30000000</ifrs-full:HedgedItemAssets>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesElevenMember" unitRef="BRL" decimals="-3">355000000</ifrs-full:HedgedItemAssets>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondMember" unitRef="BRL" decimals="-3">1170045000</ifrs-full:HedgedItemAssets>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSMember" unitRef="BRL" decimals="-3">1342761000</ifrs-full:HedgedItemAssets>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSOneMember" unitRef="BRL" decimals="-3">1416000000</ifrs-full:HedgedItemAssets>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondOneMember" unitRef="BRL" decimals="-3">1000000000</ifrs-full:HedgedItemAssets>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember_custom_NonDerivativeFinancialLiabilitiesInEurDebtContractMember" unitRef="BRL" decimals="-3">120000000</ifrs-full:HedgedItemAssets>
    <ifrs-full:HedgedItemAssets contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember" unitRef="BRL" decimals="-3">120000000</ifrs-full:HedgedItemAssets>
    <sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization contextRef="AsOf2020-12-31_ifrs-full_CashFlowHedgesMember_ifrs-full_CurrencyRiskMember" unitRef="BRL" decimals="-3">-1836606000</sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization>
    <sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesMember" unitRef="BRL" decimals="-3">-30000000</sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization>
    <sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesOneMember" unitRef="BRL" decimals="-3">-35000000</sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization>
    <sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTwoMember" unitRef="BRL" decimals="-3">-35000000</sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization>
    <sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesThreeMember" unitRef="BRL" decimals="-3">-45000000</sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization>
    <sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFourMember" unitRef="BRL" decimals="-3">-75000000</sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization>
    <sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFiveMember" unitRef="BRL" decimals="-3">-18000000</sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization>
    <sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSixMember" unitRef="BRL" decimals="-3">-60000000</sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization>
    <sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSevenMember" unitRef="BRL" decimals="-3">-15000000</sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization>
    <sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesEightMember" unitRef="BRL" decimals="-3">-42000000</sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization>
    <sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesNineMember" unitRef="BRL" decimals="-3">-18000000</sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization>
    <sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTenMember" unitRef="BRL" decimals="-3">-18000000</sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization>
    <sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesElevenMember" unitRef="BRL" decimals="-3">-276500000</sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization>
    <sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondMember" unitRef="BRL" decimals="-3">-820045000</sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization>
    <sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSMember" unitRef="BRL" decimals="-3">-247061000</sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization>
    <sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSOneMember" unitRef="BRL" decimals="-3">-102000000</sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization>
    <sid:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondOneMember" unitRef="BRL" xsi:nil="true" />
    <sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember" unitRef="BRL" id="Foot-28-0" decimals="-3">-1667886000</sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments>
    <sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesMember" unitRef="BRL" id="Foot-28-1" decimals="-3">-82374000</sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments>
    <sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesOneMember" unitRef="BRL" id="Foot-28-2" decimals="-3">-96190000</sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments>
    <sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTwoMember" unitRef="BRL" id="Foot-28-3" decimals="-3">-96261000</sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments>
    <sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesThreeMember" unitRef="BRL" id="Foot-28-4" decimals="-3">-58475000</sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments>
    <sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFourMember" unitRef="BRL" id="Foot-28-5" decimals="-3">-92026000</sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments>
    <sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFiveMember" unitRef="BRL" id="Foot-28-6" decimals="-3">-14185000</sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments>
    <sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSixMember" unitRef="BRL" id="Foot-28-7" decimals="-3">-46474000</sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments>
    <sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSevenMember" unitRef="BRL" id="Foot-28-8" decimals="-3">-11467000</sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments>
    <sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesEightMember" unitRef="BRL" id="Foot-28-9" decimals="-3">-32108000</sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments>
    <sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesNineMember" unitRef="BRL" id="Foot-28-10" decimals="-3">-13760000</sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments>
    <sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTenMember" unitRef="BRL" id="Foot-28-11" decimals="-3">-13605000</sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments>
    <sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesElevenMember" unitRef="BRL" id="Foot-28-12" decimals="-3">-338777000</sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments>
    <sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondMember" unitRef="BRL" id="Foot-28-13" decimals="-3">-306189000</sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments>
    <sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSMember" unitRef="BRL" id="Foot-28-14" decimals="-3">-329966000</sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments>
    <sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSOneMember" unitRef="BRL" id="Foot-28-15" decimals="-3">-136029000</sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments>
    <sid:EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondOneMember" unitRef="BRL" id="Foot-28-16" xsi:nil="true" />
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember" unitRef="BRL" decimals="-3">-5125058000</ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesOneMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTwoMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesThreeMember" unitRef="BRL" decimals="-3">-30231000</ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFourMember" unitRef="BRL" decimals="-3">-47793000</ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesFiveMember" unitRef="BRL" decimals="-3">-22940000</ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSixMember" unitRef="BRL" decimals="-3">-74852000</ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesSevenMember" unitRef="BRL" decimals="-3">-18410000</ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesEightMember" unitRef="BRL" decimals="-3">-51548000</ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesNineMember" unitRef="BRL" decimals="-3">-22092000</ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesTenMember" unitRef="BRL" decimals="-3">-21782000</ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_ExportPrepaymentsInUsToThirdPartiesElevenMember" unitRef="BRL" decimals="-3">-141512000</ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondMember" unitRef="BRL" decimals="-3">-660205000</ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSMember" unitRef="BRL" decimals="-3">-1568823000</ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondsandExportprepaymentsinUSOneMember" unitRef="BRL" decimals="-3">-1474571000</ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember_custom_BondOneMember" unitRef="BRL" decimals="-3">-990299000</ifrs-full:OtherComprehensiveIncomeNetOfTaxCashFlowHedges>
    <ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue contextRef="AsOf2020-12-31_ifrs-full_CashFlowHedgesMember_ifrs-full_CurrencyRiskMember" unitRef="BRL" decimals="-3">5125058000</ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue>
    <ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue contextRef="AsOf2019-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember" unitRef="BRL" decimals="-3">1255770000</ifrs-full:FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue>
    <ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-5537174000</ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax>
    <ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-604828000</ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax>
    <ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-1415962000</ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax>
    <ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember" unitRef="BRL" decimals="-3">5537174000</ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax>
    <ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_CashFlowHedgesPlattsMember" unitRef="BRL" decimals="-3">283974000</ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax>
    <ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember" unitRef="BRL" decimals="-3">-96551000</ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax>
    <ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_FairValueOfCashFlowAccountingPlattsNetMember" unitRef="BRL" decimals="-3">187423000</ifrs-full:GainsLossesOnCashFlowHedgesNetOfTax>
    <ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-1667886000</ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax>
    <ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-790353000</ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax>
    <ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-370191000</ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax>
    <ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember" unitRef="BRL" decimals="-3">-1667886000</ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax>
    <ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_CashFlowHedgesPlattsMember" unitRef="BRL" decimals="-3">-283149000</ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax>
    <ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember" unitRef="BRL" decimals="-3">96271000</ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax>
    <ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_FairValueOfCashFlowAccountingPlattsNetMember" unitRef="BRL" decimals="-3">-186878000</ifrs-full:ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax>
    <sid:Notional contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_NotLaterThanThreeMonthsMember">&#160;Platts&#160;</sid:Notional>
    <sid:Notional contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember">&#160;Platts&#160;</sid:Notional>
    <sid:Notional contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember">&#160;Platts&#160;</sid:Notional>
    <sid:Notional contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember">&#160;Platts&#160;</sid:Notional>
    <sid:Notional contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember">&#160;Platts&#160;</sid:Notional>
    <sid:Notional contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember">&#160;Platts&#160;</sid:Notional>
    <ifrs-full:OtherOperatingIncomeExpense contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-5224682000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-4631236000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">83332000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember" unitRef="BRL" decimals="-3">-283149000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_NotLaterThanThreeMonthsMember" unitRef="BRL" decimals="-3">-31678000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" unitRef="BRL" decimals="-3">-132997000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember" unitRef="BRL" decimals="-3">-85164000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" unitRef="BRL" decimals="-3">-33310000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_IronOreDerivativeMember" unitRef="BRL" decimals="-3">-283149000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense contextRef="From2019-01-01to2019-12-31_custom_JointVenturesJointOperationMember" unitRef="BRL" decimals="-3">-14939000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">-136004000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense contextRef="From2019-01-01to2019-12-31_custom_DepreciationAmortizationAndDepletionMember1162301688" unitRef="BRL" id="Foot-29-0" decimals="-3">97627000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense contextRef="From2018-01-01to2018-12-31_custom_DepreciationAmortizationAndDepletionMember" unitRef="BRL" id="Foot-29-1" decimals="-3">-97914000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherOperatingIncomeExpense contextRef="From2020-01-01to2020-12-31_custom_DepreciationAmortizationAndDepletionMember" unitRef="BRL" id="Foot-29-2" decimals="-3">95270000</ifrs-full:OtherOperatingIncomeExpense>
    <ifrs-full:OtherComprehensiveIncome contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-3154442000</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">105537000</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-2713844000</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember" unitRef="BRL" decimals="-3">-825000</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" unitRef="BRL" decimals="-3">-6888000</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" unitRef="BRL" decimals="-3">6063000</ifrs-full:OtherComprehensiveIncome>
    <ifrs-full:OtherComprehensiveIncome contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_IronOreDerivativeMember" unitRef="BRL" decimals="-3">-825000</ifrs-full:OtherComprehensiveIncome>
    <sid:ExchangeVariation contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">3336000</sid:ExchangeVariation>
    <sid:ExchangeVariation contextRef="From2019-01-01to2019-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:ExchangeVariation contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember" unitRef="BRL" decimals="-3">-16504000</sid:ExchangeVariation>
    <sid:ExchangeVariation contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_NotLaterThanThreeMonthsMember" unitRef="BRL" decimals="-3">-136000</sid:ExchangeVariation>
    <sid:ExchangeVariation contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" unitRef="BRL" decimals="-3">-9051000</sid:ExchangeVariation>
    <sid:ExchangeVariation contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember" unitRef="BRL" decimals="-3">-7301000</sid:ExchangeVariation>
    <sid:ExchangeVariation contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" unitRef="BRL" decimals="-3">52000</sid:ExchangeVariation>
    <sid:ExchangeVariation contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" unitRef="BRL" decimals="-3">-185000</sid:ExchangeVariation>
    <sid:ExchangeVariation contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" unitRef="BRL" decimals="-3">117000</sid:ExchangeVariation>
    <sid:ChangeInAmountsRelatedToCashFlowHedge contextRef="AsOf2019-12-31_ifrs-full_CurrencyRiskMember_custom_CashFlowHedgesPlattsMember" unitRef="BRL" xsi:nil="true" />
    <sid:ChangeInAmountsRelatedToCashFlowHedge contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_CashFlowHedgesPlattsMember" unitRef="BRL" decimals="-3">825000</sid:ChangeInAmountsRelatedToCashFlowHedge>
    <sid:ChangeInAmountsRelatedToCashFlowHedge contextRef="AsOf2019-12-31_ifrs-full_CurrencyRiskMember_custom_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember" unitRef="BRL" xsi:nil="true" />
    <sid:ChangeInAmountsRelatedToCashFlowHedge contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember" unitRef="BRL" decimals="-3">-280000</sid:ChangeInAmountsRelatedToCashFlowHedge>
    <sid:ChangeInAmountsRelatedToCashFlowHedge contextRef="AsOf2019-12-31_ifrs-full_CurrencyRiskMember_custom_FairValueOfCashFlowAccountingPlattsNetMember" unitRef="BRL" xsi:nil="true" />
    <sid:ChangeInAmountsRelatedToCashFlowHedge contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_FairValueOfCashFlowAccountingPlattsNetMember" unitRef="BRL" decimals="-3">545000</sid:ChangeInAmountsRelatedToCashFlowHedge>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember" unitRef="BRL" decimals="-3">6293000</ifrs-full:OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember_custom_NonDerivativeFinancialLiabilitiesInEurDebtContractMember" unitRef="BRL" decimals="-3">6293000</ifrs-full:OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations>
    <ifrs-full:CurrentDerivativeFinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember" unitRef="BRL" decimals="-3">-8722000</ifrs-full:CurrentDerivativeFinancialLiabilities>
    <ifrs-full:CurrentDerivativeFinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroMember" unitRef="BRL" decimals="-3">-7829000</ifrs-full:CurrentDerivativeFinancialLiabilities>
    <ifrs-full:CurrentDerivativeFinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_IronOreDerivativeMember" unitRef="BRL" decimals="-3">-893000</ifrs-full:CurrentDerivativeFinancialLiabilities>
    <ifrs-full:NoncurrentDerivativeFinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember" unitRef="BRL" decimals="-3">-97535000</ifrs-full:NoncurrentDerivativeFinancialLiabilities>
    <ifrs-full:NoncurrentDerivativeFinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapCDIDollarMember" unitRef="BRL" decimals="-3">-97535000</ifrs-full:NoncurrentDerivativeFinancialLiabilities>
    <ifrs-full:DerivativeFinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember" unitRef="BRL" decimals="-3">-106257000</ifrs-full:DerivativeFinancialLiabilities>
    <ifrs-full:DerivativeFinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroMember" unitRef="BRL" decimals="-3">-7829000</ifrs-full:DerivativeFinancialLiabilities>
    <ifrs-full:DerivativeFinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapCDIDollarMember" unitRef="BRL" decimals="-3">-97535000</ifrs-full:DerivativeFinancialLiabilities>
    <ifrs-full:DerivativeFinancialLiabilities contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_IronOreDerivativeMember" unitRef="BRL" decimals="-3">-893000</ifrs-full:DerivativeFinancialLiabilities>
    <ifrs-full:TradingIncomeExpenseOnDerivativeFinancialInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroMember" unitRef="BRL" decimals="-3">-9070000</ifrs-full:TradingIncomeExpenseOnDerivativeFinancialInstruments>
    <ifrs-full:TradingIncomeExpenseOnDerivativeFinancialInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapGBPEuroMember" unitRef="BRL" decimals="-3">-602000</ifrs-full:TradingIncomeExpenseOnDerivativeFinancialInstruments>
    <ifrs-full:TradingIncomeExpenseOnDerivativeFinancialInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapCDIDollarMember" unitRef="BRL" decimals="-3">-106143000</ifrs-full:TradingIncomeExpenseOnDerivativeFinancialInstruments>
    <ifrs-full:TradingIncomeExpenseOnDerivativeFinancialInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember" unitRef="BRL" decimals="-3">-132319000</ifrs-full:TradingIncomeExpenseOnDerivativeFinancialInstruments>
    <ifrs-full:TradingIncomeExpenseOnDerivativeFinancialInstruments contextRef="From2019-01-01to2019-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapDollarEuroMember" unitRef="BRL" decimals="-3">783000</ifrs-full:TradingIncomeExpenseOnDerivativeFinancialInstruments>
    <ifrs-full:TradingIncomeExpenseOnDerivativeFinancialInstruments contextRef="From2019-01-01to2019-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapGBPEuroMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:TradingIncomeExpenseOnDerivativeFinancialInstruments contextRef="From2019-01-01to2019-12-31_ifrs-full_CurrencyRiskMember_custom_ExchangeRateSwapCDIDollarMember" unitRef="BRL" decimals="-3">4203000</ifrs-full:TradingIncomeExpenseOnDerivativeFinancialInstruments>
    <ifrs-full:TradingIncomeExpenseOnDerivativeFinancialInstruments contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_custom_IronOreDerivativeMember" unitRef="BRL" decimals="-3">-16504000</ifrs-full:TradingIncomeExpenseOnDerivativeFinancialInstruments>
    <ifrs-full:TradingIncomeExpenseOnDerivativeFinancialInstruments contextRef="From2019-01-01to2019-12-31_ifrs-full_CurrencyRiskMember_custom_IronOreDerivativeMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:TradingIncomeExpenseOnDerivativeFinancialInstruments contextRef="From2019-01-01to2019-12-31_ifrs-full_CurrencyRiskMember" unitRef="BRL" decimals="-3">4986000</ifrs-full:TradingIncomeExpenseOnDerivativeFinancialInstruments>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">42940059000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" unitRef="BRL" decimals="-3">14817896000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_LeasesMember" unitRef="BRL" decimals="-3">530131000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_TradePayablesDraweeRiskMember" unitRef="BRL" decimals="-3">623861000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_TradePayablesMember" unitRef="BRL" decimals="-3">5363066000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_BorrowingsAndFinancingMember" unitRef="BRL" decimals="-3">35370611000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_DividendsAndInterestOnEquityMember" unitRef="BRL" decimals="-3">946133000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_BorrowingsAndFinancingMember_ifrs-full_NotLaterThanOneYearMember" unitRef="BRL" decimals="-3">4155483000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_BorrowingsAndFinancingMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" unitRef="BRL" decimals="-3">14146118000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_BorrowingsAndFinancingMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" unitRef="BRL" decimals="-3">4671511000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_BorrowingsAndFinancingMember_ifrs-full_LaterThanFiveYearsMember" unitRef="BRL" decimals="-3">12397499000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_LeasesMember_ifrs-full_NotLaterThanOneYearMember" unitRef="BRL" decimals="-3">93626000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_LeasesMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" unitRef="BRL" decimals="-3">143227000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_LeasesMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" unitRef="BRL" decimals="-3">115398000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_LeasesMember_ifrs-full_LaterThanFiveYearsMember" unitRef="BRL" decimals="-3">177880000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_TradePayablesMember_ifrs-full_NotLaterThanOneYearMember" unitRef="BRL" decimals="-3">4819539000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_TradePayablesMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" unitRef="BRL" decimals="-3">528551000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_TradePayablesMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" unitRef="BRL" decimals="-3">14976000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_TradePayablesMember_ifrs-full_LaterThanFiveYearsMember" unitRef="BRL" xsi:nil="true" />
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_TradePayablesDraweeRiskMember_ifrs-full_NotLaterThanOneYearMember" unitRef="BRL" decimals="-3">623861000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_TradePayablesDraweeRiskMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" unitRef="BRL" xsi:nil="true" />
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_TradePayablesDraweeRiskMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" unitRef="BRL" xsi:nil="true" />
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_TradePayablesDraweeRiskMember_ifrs-full_LaterThanFiveYearsMember" unitRef="BRL" xsi:nil="true" />
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_custom_DividendsAndInterestOnEquityMember_ifrs-full_NotLaterThanOneYearMember" unitRef="BRL" decimals="-3">946133000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember" unitRef="BRL" decimals="-3">10647364000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" unitRef="BRL" decimals="-3">4899420000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_ifrs-full_LaterThanFiveYearsMember" unitRef="BRL" decimals="-3">12575379000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember1030854637" unitRef="BRL" decimals="-3">106257000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember_ifrs-full_NotLaterThanOneYearMember" unitRef="BRL" decimals="-3">8722000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" unitRef="BRL" xsi:nil="true" />
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember_ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" unitRef="BRL" decimals="-3">97535000</sid:ContractualMaturities>
    <sid:ContractualMaturities contextRef="AsOf2020-12-31_ifrs-full_DerivativesMember_ifrs-full_LaterThanFiveYearsMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:FinancialLiabilitiesAtFairValue contextRef="AsOf2020-12-31_custom_PerpetualBondsMember_ifrs-full_LiquidityRiskMember" unitRef="BRL" decimals="-3">5157465000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ifrs-full:FinancialLiabilitiesAtFairValue contextRef="AsOf2019-12-31_custom_PerpetualBondsMember_ifrs-full_LiquidityRiskMember" unitRef="BRL" decimals="-3">3706553000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ifrs-full:FinancialLiabilitiesAtFairValue contextRef="AsOf2020-12-31_custom_FixedRateNotesMember_ifrs-full_LiquidityRiskMember" unitRef="BRL" decimals="-3">15744067000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ifrs-full:FinancialLiabilitiesAtFairValue contextRef="AsOf2019-12-31_custom_FixedRateNotesMember_ifrs-full_LiquidityRiskMember" unitRef="BRL" decimals="-3">8345471000</ifrs-full:FinancialLiabilitiesAtFairValue>
    <ifrs-full:Equity contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">11251505000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">11361932000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2018-12-31" unitRef="BRL" decimals="-3">10013440000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_CapitalManagementMember" unitRef="BRL" decimals="-3">11251505000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_custom_CapitalManagementMember" unitRef="BRL" decimals="-3">11361932000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="BRL" decimals="-3">2454665000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565" unitRef="BRL" decimals="-3">2515924000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2017-12-31" unitRef="BRL" decimals="-3">8288229000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">4312834000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_EquimacSAMember" unitRef="BRL" decimals="-3">14470000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_ArvediMetalferDoBrasilSAMember" unitRef="BRL" decimals="-3">8038000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_MRSLogisticaSA1Member" unitRef="BRL" decimals="-3">1607367000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_FairValueMRSLogisticaSAMember" unitRef="BRL" decimals="-3">421888000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_FairValueTransnordestinaMember" unitRef="BRL" decimals="-3">271116000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_JointVentureAndJointOperationMember" unitRef="BRL" decimals="-3">3467710000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_ifrs-full_AssociatesMember" unitRef="BRL" decimals="-3">8038000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_PanatlanticaMember" unitRef="BRL" decimals="-3">59879000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_ClassifiedAtFairValueThroughProfitOrLossMember" unitRef="BRL" decimals="-3">59879000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_OtherInvestmentMember" unitRef="BRL" decimals="-3">279000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_TotalOtherInvestmentMember" unitRef="BRL" decimals="-3">279000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_TotalInvestmentsInAffillatedCompaniesMember" unitRef="BRL" decimals="-3">3535906000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_InvestmentsPropertiesMember" unitRef="BRL" decimals="-3">159874000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_TotalInvestmentsMember" unitRef="BRL" decimals="-3">3695780000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_custom_MRSLogisticaSA1Member" unitRef="BRL" decimals="-3">1528987000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_custom_FairValueMRSLogisticaSAMember" unitRef="BRL" decimals="-3">433635000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_custom_FairValueTransnordestinaMember" unitRef="BRL" decimals="-3">271116000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_custom_JointVentureAndJointOperationMember" unitRef="BRL" decimals="-3">3422794000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_custom_ArvediMetalferDoBrasilSAMember" unitRef="BRL" decimals="-3">12723000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_ifrs-full_AssociatesMember" unitRef="BRL" decimals="-3">12723000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_custom_PanatlanticaMember" unitRef="BRL" decimals="-3">47300000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_custom_ClassifiedAtFairValueThroughProfitOrLossMember" unitRef="BRL" decimals="-3">47300000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_custom_OtherInvestmentMember" unitRef="BRL" decimals="-3">157000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_custom_TotalOtherInvestmentMember" unitRef="BRL" decimals="-3">157000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_custom_TotalInvestmentsInAffillatedCompaniesMember" unitRef="BRL" decimals="-3">3484974000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_custom_InvestmentsPropertiesMember" unitRef="BRL" decimals="-3">101195000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_custom_TotalInvestmentsMember" unitRef="BRL" decimals="-3">3584169000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">515040000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">4102526000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">499532000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_custom_PaidInCapitalMember" unitRef="BRL" decimals="-3">4540000000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_PaidInCapitalMember" unitRef="BRL" decimals="-3">6040000000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2017-12-31_custom_PaidInCapitalMember" unitRef="BRL" decimals="-3">4540000000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2018-12-31_custom_PaidInCapitalMember" unitRef="BRL" decimals="-3">4540000000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_ifrs-full_CapitalReserveMember" unitRef="BRL" decimals="-3">32720000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_ifrs-full_CapitalReserveMember" unitRef="BRL" decimals="-3">32720000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2017-12-31_ifrs-full_CapitalReserveMember" unitRef="BRL" decimals="-3">30000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2018-12-31_ifrs-full_CapitalReserveMember" unitRef="BRL" decimals="-3">32720000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_ifrs-full_MiscellaneousOtherReservesMember" unitRef="BRL" decimals="-3">4431200000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_ifrs-full_MiscellaneousOtherReservesMember" unitRef="BRL" decimals="-3">5824350000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2018-12-31_ifrs-full_MiscellaneousOtherReservesMember" unitRef="BRL" decimals="-3">3064827000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:Equity contextRef="AsOf2017-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" decimals="-3">-1291689000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">1170624000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">-1983619000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2017-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">3779032000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2018-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">1065188000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">10174544000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">9913451000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2017-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">7027373000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2018-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">8702735000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">1187388000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">1338054000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2017-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">1260856000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2018-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">1310705000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSA1Member" unitRef="BRL" decimals="-3">1160104000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSA1Member" unitRef="BRL" decimals="-3">1189056000</ifrs-full:Equity>
    <ifrs-full:Equity contextRef="AsOf2020-12-31_custom_EquimacSA1Member" unitRef="BRL" decimals="-3">7235000</ifrs-full:Equity>
    <sid:BorrowingsAndFinancingThirdPartyCapital contextRef="AsOf2020-12-31_custom_CapitalManagementMember" unitRef="BRL" decimals="-3">35270653000</sid:BorrowingsAndFinancingThirdPartyCapital>
    <sid:BorrowingsAndFinancingThirdPartyCapital contextRef="AsOf2019-12-31_custom_CapitalManagementMember" unitRef="BRL" decimals="-3">27967036000</sid:BorrowingsAndFinancingThirdPartyCapital>
    <sid:GrossDebitperShareholdersEquity contextRef="AsOf2020-12-31_custom_CapitalManagementMember" unitRef="BRLPShares" decimals="INF">3.13</sid:GrossDebitperShareholdersEquity>
    <sid:GrossDebitperShareholdersEquity contextRef="AsOf2019-12-31_custom_CapitalManagementMember" unitRef="BRLPShares" decimals="INF">2.46</sid:GrossDebitperShareholdersEquity>
    <sid:DerivativeExchangeRateSwap contextRef="From2019-09-01to2019-09-30_ifrs-full_CurrencyRiskMember_ifrs-full_CurrencySwapContractMember" unitRef="BRL" decimals="-3">278000000</sid:DerivativeExchangeRateSwap>
    <sid:DerivativeExchangeRateSwap contextRef="From2019-09-01to2019-09-30_ifrs-full_CurrencyRiskMember_ifrs-full_CurrencySwapContractMember_country_US" unitRef="BRL" decimals="-3">67000000</sid:DerivativeExchangeRateSwap>
    <sid:EffectOnResultRecognizedInOtherOperationalHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember_ifrs-full_CashFlowHedgesMember" unitRef="BRL" decimals="-3">790353000</sid:EffectOnResultRecognizedInOtherOperationalHedgingInstrument>
    <sid:PercentageOfScenarios contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_ScenarioIMember" unitRef="Pure" decimals="INF">25</sid:PercentageOfScenarios>
    <sid:PercentageOfScenarios contextRef="AsOf2020-12-31_ifrs-full_CurrencyRiskMember_custom_ScenarioIIMember" unitRef="Pure" decimals="INF">50</sid:PercentageOfScenarios>
    <sid:VariationsOfRiskForProbableScenarios contextRef="From2020-01-01to2020-12-31_ifrs-full_CurrencyRiskMember">Real x Dollar - devaluation of the Real by 1.25% / Real x Euro - devaluation of the Real by 0.14% / Euro x Dollar - appreciation of Euro by 1.20%. Source: Central Bank of Brazil and European Central Bank quotations on 1/14/2021.</sid:VariationsOfRiskForProbableScenarios>
    <sid:OtherOperatingExpenses contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1667886000</sid:OtherOperatingExpenses>
    <sid:OtherOperatingExpenses contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">790353000</sid:OtherOperatingExpenses>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">1310734000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">1725588000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2019-12-31_custom_PayablesToRelatedPartiesMember" unitRef="BRL" decimals="-3">46063000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2020-12-31_custom_PayablesToRelatedPartiesMember" unitRef="BRL" decimals="-3">70458000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2019-12-31_custom_DividendsAndInterestOnCapitalPayableMember" unitRef="BRL" decimals="-3">13252000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2020-12-31_custom_DividendsAndInterestOnCapitalPayableMember" unitRef="BRL" decimals="-3">946133000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2019-12-31_custom_AdvancesFromCustomersMember" unitRef="BRL" id="Foot-30-0" decimals="-3">787604000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2020-12-31_custom_AdvancesFromCustomersMember" unitRef="BRL" id="Foot-30-1" decimals="-3">1100772000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2019-12-31_custom_TaxesInInstallmentsMember" unitRef="BRL" decimals="-3">19498000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2020-12-31_custom_TaxesInInstallmentsMember" unitRef="BRL" decimals="-3">45331000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2019-12-31_custom_ProfitSharingEmployeesMember" unitRef="BRL" decimals="-3">162866000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2020-12-31_custom_ProfitSharingEmployeesMember" unitRef="BRL" decimals="-3">150341000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2019-12-31_custom_ProvisionFromConsumptionAndServicesMember" unitRef="BRL" decimals="-3">204299000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2020-12-31_custom_ProvisionFromConsumptionAndServicesMember" unitRef="BRL" decimals="-3">175242000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2019-12-31_custom_ThirdPartyMaterialsInOurPossessionMember" unitRef="BRL" decimals="-3">78820000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2020-12-31_custom_ThirdPartyMaterialsInOurPossessionMember" unitRef="BRL" decimals="-3">84832000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2019-12-31_custom_TradePayablesDraweeRiskMember1130591490" unitRef="BRL" decimals="-3">1121312000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2020-12-31_custom_TradePayablesDraweeRiskMember1130591521" unitRef="BRL" decimals="-3">623861000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2019-12-31_ifrs-full_LeaseLiabilitiesMember" unitRef="BRL" decimals="-3">35040000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2020-12-31_ifrs-full_LeaseLiabilitiesMember" unitRef="BRL" decimals="-3">93626000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2019-12-31_custom_OtherPayablesMember" unitRef="BRL" decimals="-3">57690000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2020-12-31_custom_OtherPayablesMember" unitRef="BRL" decimals="-3">58321000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherCurrentPayables contextRef="AsOf2020-12-31_custom_DerivativeFinancialInstrumentsMember1050369536" unitRef="BRL" decimals="-3">8722000</ifrs-full:OtherCurrentPayables>
    <ifrs-full:OtherNoncurrentPayables contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">3145336000</ifrs-full:OtherNoncurrentPayables>
    <ifrs-full:OtherNoncurrentPayables contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">2493702000</ifrs-full:OtherNoncurrentPayables>
    <ifrs-full:OtherNoncurrentPayables contextRef="AsOf2019-12-31_custom_PayablesToRelatedPartiesMember" unitRef="BRL" decimals="-3">88021000</ifrs-full:OtherNoncurrentPayables>
    <ifrs-full:OtherNoncurrentPayables contextRef="AsOf2020-12-31_custom_PayablesToRelatedPartiesMember" unitRef="BRL" decimals="-3">78083000</ifrs-full:OtherNoncurrentPayables>
    <ifrs-full:OtherNoncurrentPayables contextRef="AsOf2019-12-31_custom_AdvancesFromCustomersMember" unitRef="BRL" id="Foot-30-2" decimals="-3">1845248000</ifrs-full:OtherNoncurrentPayables>
    <ifrs-full:OtherNoncurrentPayables contextRef="AsOf2020-12-31_custom_AdvancesFromCustomersMember" unitRef="BRL" id="Foot-30-3" decimals="-3">1725838000</ifrs-full:OtherNoncurrentPayables>
    <ifrs-full:OtherNoncurrentPayables contextRef="AsOf2019-12-31_custom_TaxesInInstallmentsMember" unitRef="BRL" decimals="-3">67727000</ifrs-full:OtherNoncurrentPayables>
    <ifrs-full:OtherNoncurrentPayables contextRef="AsOf2020-12-31_custom_TaxesInInstallmentsMember" unitRef="BRL" decimals="-3">160247000</ifrs-full:OtherNoncurrentPayables>
    <ifrs-full:OtherNoncurrentPayables contextRef="AsOf2019-12-31_custom_TaxesPayableMember" unitRef="BRL" decimals="-3">8805000</ifrs-full:OtherNoncurrentPayables>
    <ifrs-full:OtherNoncurrentPayables contextRef="AsOf2020-12-31_custom_TaxesPayableMember" unitRef="BRL" decimals="-3">38493000</ifrs-full:OtherNoncurrentPayables>
    <ifrs-full:OtherNoncurrentPayables contextRef="AsOf2019-12-31_custom_TradePayablesDraweeRiskMember1130591490" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:OtherNoncurrentPayables contextRef="AsOf2020-12-31_custom_TradePayablesDraweeRiskMember1130591521" unitRef="BRL" decimals="-3">543527000</ifrs-full:OtherNoncurrentPayables>
    <ifrs-full:OtherNoncurrentPayables contextRef="AsOf2019-12-31_ifrs-full_LeaseLiabilitiesMember" unitRef="BRL" decimals="-3">439350000</ifrs-full:OtherNoncurrentPayables>
    <ifrs-full:OtherNoncurrentPayables contextRef="AsOf2020-12-31_ifrs-full_LeaseLiabilitiesMember" unitRef="BRL" decimals="-3">436505000</ifrs-full:OtherNoncurrentPayables>
    <ifrs-full:OtherNoncurrentPayables contextRef="AsOf2019-12-31_custom_OtherPayablesMember" unitRef="BRL" decimals="-3">44551000</ifrs-full:OtherNoncurrentPayables>
    <ifrs-full:OtherNoncurrentPayables contextRef="AsOf2020-12-31_custom_OtherPayablesMember" unitRef="BRL" decimals="-3">65108000</ifrs-full:OtherNoncurrentPayables>
    <ifrs-full:OtherNoncurrentPayables contextRef="AsOf2020-12-31_custom_DerivativeFinancialInstrumentsMember1050369536" unitRef="BRL" decimals="-3">97535000</ifrs-full:OtherNoncurrentPayables>
    <ifrs-full:GrossLeaseLiabilities contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">1623523000</ifrs-full:GrossLeaseLiabilities>
    <ifrs-full:GrossLeaseLiabilities contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">1501960000</ifrs-full:GrossLeaseLiabilities>
    <ifrs-full:GrossLeaseLiabilities contextRef="AsOf2020-12-31_ifrs-full_LaterThanFiveYearsMember" unitRef="BRL" decimals="-3">1156076000</ifrs-full:GrossLeaseLiabilities>
    <ifrs-full:GrossLeaseLiabilities contextRef="AsOf2020-12-31_custom_NotLaterThanOne1YearMember" unitRef="BRL" decimals="-3">98788000</ifrs-full:GrossLeaseLiabilities>
    <ifrs-full:GrossLeaseLiabilities contextRef="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" unitRef="BRL" decimals="-3">368659000</ifrs-full:GrossLeaseLiabilities>
    <sid:PresentValueAdjustmentLeasesLiabilities contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">1093392000</sid:PresentValueAdjustmentLeasesLiabilities>
    <sid:PresentValueAdjustmentLeasesLiabilities contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">1027570000</sid:PresentValueAdjustmentLeasesLiabilities>
    <sid:PresentValueAdjustmentLeasesLiabilities contextRef="AsOf2020-12-31_ifrs-full_LaterThanFiveYearsMember" unitRef="BRL" decimals="-3">978196000</sid:PresentValueAdjustmentLeasesLiabilities>
    <sid:PresentValueAdjustmentLeasesLiabilities contextRef="AsOf2020-12-31_custom_NotLaterThanOne1YearMember" unitRef="BRL" decimals="-3">5162000</sid:PresentValueAdjustmentLeasesLiabilities>
    <sid:PresentValueAdjustmentLeasesLiabilities contextRef="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" unitRef="BRL" decimals="-3">110034000</sid:PresentValueAdjustmentLeasesLiabilities>
    <ifrs-full:LeaseLiabilities contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">530131000</ifrs-full:LeaseLiabilities>
    <ifrs-full:LeaseLiabilities contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">474390000</ifrs-full:LeaseLiabilities>
    <ifrs-full:LeaseLiabilities contextRef="AsOf2018-12-31" unitRef="BRL" decimals="-3">640989000</ifrs-full:LeaseLiabilities>
    <ifrs-full:LeaseLiabilities contextRef="AsOf2020-12-31_ifrs-full_LaterThanFiveYearsMember" unitRef="BRL" decimals="-3">177880000</ifrs-full:LeaseLiabilities>
    <ifrs-full:LeaseLiabilities contextRef="AsOf2020-12-31_custom_NotLaterThanOne1YearMember" unitRef="BRL" decimals="-3">93626000</ifrs-full:LeaseLiabilities>
    <ifrs-full:LeaseLiabilities contextRef="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" unitRef="BRL" decimals="-3">258625000</ifrs-full:LeaseLiabilities>
    <ifrs-full:LeaseLiabilities contextRef="AsOf2019-12-31_custom_RateInNominalTermsAndActualFlowMember" unitRef="BRL" decimals="-3">579390000</ifrs-full:LeaseLiabilities>
    <ifrs-full:LeaseLiabilities contextRef="AsOf2020-12-31_custom_RateInNominalTermsAndActualFlowMember" unitRef="BRL" decimals="-3">595193000</ifrs-full:LeaseLiabilities>
    <ifrs-full:CurrentLeaseLiabilities contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">93626000</ifrs-full:CurrentLeaseLiabilities>
    <ifrs-full:CurrentLeaseLiabilities contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">35040000</ifrs-full:CurrentLeaseLiabilities>
    <ifrs-full:CurrentLeaseLiabilities contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">317526000</ifrs-full:CurrentLeaseLiabilities>
    <ifrs-full:CurrentLeaseLiabilities contextRef="AsOf2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">256034000</ifrs-full:CurrentLeaseLiabilities>
    <ifrs-full:NoncurrentLeaseLiabilities contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">436505000</ifrs-full:NoncurrentLeaseLiabilities>
    <ifrs-full:NoncurrentLeaseLiabilities contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">439350000</ifrs-full:NoncurrentLeaseLiabilities>
    <ifrs-full:NoncurrentLeaseLiabilities contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">1674594000</ifrs-full:NoncurrentLeaseLiabilities>
    <ifrs-full:NoncurrentLeaseLiabilities contextRef="AsOf2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">1650758000</ifrs-full:NoncurrentLeaseLiabilities>
    <sid:LeaseLiabilitiesNewLeases contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">52835000</sid:LeaseLiabilitiesNewLeases>
    <sid:LeaseLiabilitiesNewLeases contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">106584000</sid:LeaseLiabilitiesNewLeases>
    <sid:LeaseLiabilitiesPresentValueAdjustmentsNewleases contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-6511000</sid:LeaseLiabilitiesPresentValueAdjustmentsNewleases>
    <sid:LeaseLiabilitiesPresentValueAdjustmentsNewleases contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-54080000</sid:LeaseLiabilitiesPresentValueAdjustmentsNewleases>
    <sid:LeaseLiabilitiesContractReview contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">63250000</sid:LeaseLiabilitiesContractReview>
    <sid:LeaseLiabilitiesContractReview contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-175609000</sid:LeaseLiabilitiesContractReview>
    <sid:LeaseLiabilitiesWriteoff contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-7757000</sid:LeaseLiabilitiesWriteoff>
    <sid:LeaseLiabilitiesWriteoff contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-1374000</sid:LeaseLiabilitiesWriteoff>
    <sid:LeaseLiabilitiesPayments contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-103648000</sid:LeaseLiabilitiesPayments>
    <sid:LeaseLiabilitiesPayments contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-94727000</sid:LeaseLiabilitiesPayments>
    <sid:LeaseLiabilitiesInterestAppropriated contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">54236000</sid:LeaseLiabilitiesInterestAppropriated>
    <sid:LeaseLiabilitiesInterestAppropriated contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">52607000</sid:LeaseLiabilitiesInterestAppropriated>
    <sid:LeaseLiabilitiesOne contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">1603100000</sid:LeaseLiabilitiesOne>
    <sid:LeaseLiabilitiesOne contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">1489789000</sid:LeaseLiabilitiesOne>
    <sid:LeaseLiabilitiesPresentValueAdjustmentsOne contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">-1091275000</sid:LeaseLiabilitiesPresentValueAdjustmentsOne>
    <sid:LeaseLiabilitiesPresentValueAdjustmentsOne contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">-1026919000</sid:LeaseLiabilitiesPresentValueAdjustmentsOne>
    <sid:LeaseLiabilitiesPotencialPISAndCOFINSCredit contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">148287000</sid:LeaseLiabilitiesPotencialPISAndCOFINSCredit>
    <sid:LeaseLiabilitiesPotencialPISAndCOFINSCredit contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">137805000</sid:LeaseLiabilitiesPotencialPISAndCOFINSCredit>
    <sid:LeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">-100943000</sid:LeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit>
    <sid:LeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">-96461000</sid:LeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit>
    <ifrs-full:ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">549000</ifrs-full:ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed>
    <ifrs-full:ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">10819000</ifrs-full:ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed>
    <ifrs-full:ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">9563000</ifrs-full:ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed>
    <ifrs-full:ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">3853000</ifrs-full:ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed>
    <ifrs-full:ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">270449000</ifrs-full:ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities>
    <ifrs-full:ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">177460000</ifrs-full:ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities>
    <sid:ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">280561000</sid:ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities>
    <sid:ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">192132000</sid:ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities>
    <sid:RightOfUse contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">511882000</sid:RightOfUse>
    <sid:RightOfUse contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">472345000</sid:RightOfUse>
    <sid:RightOfUse contextRef="AsOf2019-12-31_custom_RateInNominalTermsAndActualFlowMember" unitRef="BRL" decimals="-3">567905000</sid:RightOfUse>
    <sid:RightOfUse contextRef="AsOf2020-12-31_custom_RateInNominalTermsAndActualFlowMember" unitRef="BRL" decimals="-3">547671000</sid:RightOfUse>
    <sid:FinancialExpense contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">-50513000</sid:FinancialExpense>
    <sid:FinancialExpense contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">-49118000</sid:FinancialExpense>
    <sid:FinancialExpense contextRef="AsOf2019-12-31_custom_RateInNominalTermsAndActualFlowMember" unitRef="BRL" decimals="-3">-57556000</sid:FinancialExpense>
    <sid:FinancialExpense contextRef="AsOf2020-12-31_custom_RateInNominalTermsAndActualFlowMember" unitRef="BRL" decimals="-3">-63744000</sid:FinancialExpense>
    <sid:Depreciations contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-57342000</sid:Depreciations>
    <sid:Depreciations contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-53826000</sid:Depreciations>
    <sid:Depreciations contextRef="From2019-01-01to2019-12-31_custom_RateInNominalTermsAndActualFlowMember" unitRef="BRL" decimals="-3">-57356000</sid:Depreciations>
    <sid:Depreciations contextRef="From2020-01-01to2020-12-31_custom_RateInNominalTermsAndActualFlowMember" unitRef="BRL" decimals="-3">-59560000</sid:Depreciations>
    <sid:LeaseAgreementRemainingTerm contextRef="From2020-01-01to2020-12-31_ifrs-full_BottomOfRangeMember_custom_CargoTerminalTECONMember">P27Y</sid:LeaseAgreementRemainingTerm>
    <sid:LeaseAgreementRemainingTerm contextRef="From2020-01-01to2020-12-31_ifrs-full_BottomOfRangeMember_custom_CargoTerminalTECARMember">P31Y</sid:LeaseAgreementRemainingTerm>
    <sid:LeaseAgreementRemainingTerm contextRef="From2020-01-01to2020-12-31_custom_RailwayOperationMember">P7Y</sid:LeaseAgreementRemainingTerm>
    <sid:LeaseAgreementRemainingTerm contextRef="From2020-01-01to2020-12-31_custom_OperationalFacilitiesMember">P2Y</sid:LeaseAgreementRemainingTerm>
    <sid:LeaseAgreementRemainingTerm contextRef="From2020-01-01to2020-12-31_custom_AdministrativeMember">P5Y</sid:LeaseAgreementRemainingTerm>
    <sid:LeaseAgreementRemainingTerm contextRef="From2020-01-01to2020-12-31_custom_SalesOfficesMember">P16Y</sid:LeaseAgreementRemainingTerm>
    <sid:LeaseAgreementRemainingTerm contextRef="From2020-01-01to2020-12-31_custom_OperatingEquipmentMember_ifrs-full_BottomOfRangeMember">P2Y</sid:LeaseAgreementRemainingTerm>
    <sid:LeaseAgreementRemainingTerm contextRef="From2020-01-01to2020-12-31_custom_OperatingEquipmentMember_ifrs-full_TopOfRangeMember">P5Y</sid:LeaseAgreementRemainingTerm>
    <sid:AdjustmentPresentValue contextRef="AsOf2020-12-31_custom_CurrentTradePayablesMember" unitRef="BRL" decimals="-3">-74050000</sid:AdjustmentPresentValue>
    <sid:AdjustmentPresentValue contextRef="AsOf2020-12-31_custom_NonCurrentTradePayablesMember" unitRef="BRL" decimals="-3">-50524000</sid:AdjustmentPresentValue>
    <ifrs-full:CurrentTaxExpenseIncome contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-2052204000</ifrs-full:CurrentTaxExpenseIncome>
    <ifrs-full:CurrentTaxExpenseIncome contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-1564622000</ifrs-full:CurrentTaxExpenseIncome>
    <ifrs-full:CurrentTaxExpenseIncome contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-827229000</ifrs-full:CurrentTaxExpenseIncome>
    <ifrs-full:DeferredTaxExpenseIncome contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1426696000</ifrs-full:DeferredTaxExpenseIncome>
    <ifrs-full:DeferredTaxExpenseIncome contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">2398400000</ifrs-full:DeferredTaxExpenseIncome>
    <ifrs-full:DeferredTaxExpenseIncome contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">576895000</ifrs-full:DeferredTaxExpenseIncome>
    <ifrs-full:IncomeTaxExpenseContinuingOperations contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">625508000</ifrs-full:IncomeTaxExpenseContinuingOperations>
    <ifrs-full:IncomeTaxExpenseContinuingOperations contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-833778000</ifrs-full:IncomeTaxExpenseContinuingOperations>
    <ifrs-full:IncomeTaxExpenseContinuingOperations contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">250334000</ifrs-full:IncomeTaxExpenseContinuingOperations>
    <ifrs-full:AccountingProfit contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">4918126000</ifrs-full:AccountingProfit>
    <ifrs-full:AccountingProfit contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1410733000</ifrs-full:AccountingProfit>
    <ifrs-full:AccountingProfit contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">5450917000</ifrs-full:AccountingProfit>
    <ifrs-full:ApplicableTaxRate contextRef="From2020-01-01to2020-12-31" unitRef="Pure" decimals="INF">0.34</ifrs-full:ApplicableTaxRate>
    <ifrs-full:ApplicableTaxRate contextRef="From2019-01-01to2019-12-31" unitRef="Pure" decimals="INF">0.34</ifrs-full:ApplicableTaxRate>
    <ifrs-full:ApplicableTaxRate contextRef="From2018-01-01to2018-12-31" unitRef="Pure" decimals="INF">0.34</ifrs-full:ApplicableTaxRate>
    <ifrs-full:TaxExpenseIncomeAtApplicableTaxRate contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-1672163000</ifrs-full:TaxExpenseIncomeAtApplicableTaxRate>
    <ifrs-full:TaxExpenseIncomeAtApplicableTaxRate contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-479649000</ifrs-full:TaxExpenseIncomeAtApplicableTaxRate>
    <ifrs-full:TaxExpenseIncomeAtApplicableTaxRate contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-1853312000</ifrs-full:TaxExpenseIncomeAtApplicableTaxRate>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2019-01-01to2019-12-31_custom_EquityInResultsOfAffiliatedCompaniesMember" unitRef="BRL" decimals="-3">46737000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2020-01-01to2020-12-31_custom_EquityInResultsOfAffiliatedCompaniesMember" unitRef="BRL" decimals="-3">28391000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2019-01-01to2019-12-31_custom_ProfitWithDifferentiatedRatesOrUntaxedMember" unitRef="BRL" decimals="-3">-236404000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2020-01-01to2020-12-31_custom_ProfitWithDifferentiatedRatesOrUntaxedMember" unitRef="BRL" decimals="-3">-519840000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2019-01-01to2019-12-31_custom_TransferPricingAdjustmentMember" unitRef="BRL" decimals="-3">-18494000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2020-01-01to2020-12-31_custom_TransferPricingAdjustmentMember" unitRef="BRL" decimals="-3">-15645000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2019-01-01to2019-12-31_custom_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember" unitRef="BRL" decimals="-3">-21095000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2020-01-01to2020-12-31_custom_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember" unitRef="BRL" decimals="-3">-27758000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2019-01-01to2019-12-31_custom_LimitOfIndebtednessMember" unitRef="BRL" decimals="-3">-20393000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2020-01-01to2020-12-31_custom_LimitOfIndebtednessMember" unitRef="BRL" decimals="-3">-25087000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2019-01-01to2019-12-31_custom_UnrecordedDeferredTaxesOnTemporaryDifferencesMember" unitRef="BRL" decimals="-3">-2835000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2020-01-01to2020-12-31_custom_UnrecordedDeferredTaxesOnTemporaryDifferencesMember" unitRef="BRL" decimals="-3">5142000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2019-01-01to2019-12-31_custom_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember" unitRef="BRL" decimals="-3">1530185000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2020-01-01to2020-12-31_custom_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember" unitRef="BRL" decimals="-3">1540087000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2019-01-01to2019-12-31_custom_IncomeTaxAndSocialContributionOnForeignProfitMember" unitRef="BRL" decimals="-3">-14424000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2020-01-01to2020-12-31_custom_IncomeTaxAndSocialContributionOnForeignProfitMember" unitRef="BRL" decimals="-3">-13011000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2019-01-01to2019-12-31_custom_TaxIncentivesMember" unitRef="BRL" decimals="-3">39042000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2020-01-01to2020-12-31_custom_TaxIncentivesMember" unitRef="BRL" decimals="-3">64818000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2019-01-01to2019-12-31_custom_ReversalOfDeferredTaxInNamisaMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2019-01-01to2019-12-31_custom_InterestOnEquityMember" unitRef="BRL" decimals="-3">22107000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2020-01-01to2020-12-31_custom_InterestOnEquityMember" unitRef="BRL" decimals="-3">17177000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2019-01-01to2019-12-31_custom_OtherPermanentDeductionsAdditionsMember" unitRef="BRL" decimals="-3">-10999000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2020-01-01to2020-12-31_custom_OtherPermanentDeductionsAdditionsMember" unitRef="BRL" decimals="-3">-7619000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2018-01-01to2018-12-31_custom_EquityInResultsOfAffiliatedCompaniesMember" unitRef="BRL" decimals="-3">50134000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2018-01-01to2018-12-31_custom_ProfitWithDifferentiatedRatesOrUntaxedMember" unitRef="BRL" decimals="-3">-46006000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2018-01-01to2018-12-31_custom_TransferPricingAdjustmentMember" unitRef="BRL" decimals="-3">-74836000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2018-01-01to2018-12-31_custom_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember" unitRef="BRL" decimals="-3">-27683000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2018-01-01to2018-12-31_custom_LimitOfIndebtednessMember" unitRef="BRL" decimals="-3">-38486000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2018-01-01to2018-12-31_custom_UnrecordedDeferredTaxesOnTemporaryDifferencesMember" unitRef="BRL" decimals="-3">-11964000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2018-01-01to2018-12-31_custom_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember" unitRef="BRL" decimals="-3">1807909000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2018-01-01to2018-12-31_custom_IncomeTaxAndSocialContributionOnForeignProfitMember" unitRef="BRL" decimals="-3">-30219000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2018-01-01to2018-12-31_custom_TaxIncentivesMember" unitRef="BRL" decimals="-3">36710000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2018-01-01to2018-12-31_custom_ReversalOfDeferredTaxInNamisaMember" unitRef="BRL" decimals="-3">-43667000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome contextRef="From2018-01-01to2018-12-31_custom_OtherPermanentDeductionsAdditionsMember" unitRef="BRL" decimals="-3">-18914000</ifrs-full:OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome>
    <ifrs-full:TaxRateEffectOfTaxLosses contextRef="From2020-01-01to2020-12-31" unitRef="Pure" decimals="INF">0.13</ifrs-full:TaxRateEffectOfTaxLosses>
    <ifrs-full:TaxRateEffectOfTaxLosses contextRef="From2019-01-01to2019-12-31" unitRef="Pure" decimals="INF">-0.59</ifrs-full:TaxRateEffectOfTaxLosses>
    <ifrs-full:TaxRateEffectOfTaxLosses contextRef="From2018-01-01to2018-12-31" unitRef="Pure" decimals="INF">0.05</ifrs-full:TaxRateEffectOfTaxLosses>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">3256110000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">1883765000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2018-12-31" unitRef="BRL" decimals="-3">-512337000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2019-12-31_custom_DeferredIncomeTaxLossesMember" unitRef="BRL" decimals="-3">1610801000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2020-12-31_custom_DeferredIncomeTaxLossesMember" unitRef="BRL" decimals="-3">1848999000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2019-12-31_custom_DeferredSocialContributionTaxLossesMember" unitRef="BRL" decimals="-3">610046000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2020-12-31_custom_DeferredSocialContributionTaxLossesMember" unitRef="BRL" decimals="-3">688208000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2019-12-31_custom_TemporaryDifferencesMember" unitRef="BRL" decimals="-3">-337082000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2020-12-31_custom_TemporaryDifferencesMember" unitRef="BRL" decimals="-3">718903000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2019-12-31_custom_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember" unitRef="BRL" decimals="-3">264013000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2020-12-31_custom_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember" unitRef="BRL" decimals="-3">279149000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2019-12-31_custom_AssetsImpairmentLossesMember" unitRef="BRL" decimals="-3">182431000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2020-12-31_custom_AssetsImpairmentLossesMember" unitRef="BRL" decimals="-3">161016000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2019-12-31_custom_ActuarialLiabilityPensionAndHealthcarePlanMember" unitRef="BRL" decimals="-3">314601000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2020-12-31_custom_ActuarialLiabilityPensionAndHealthcarePlanMember" unitRef="BRL" decimals="-3">262457000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2019-12-31_custom_AccruedSuppliesAndServicesMember" unitRef="BRL" decimals="-3">132411000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2020-12-31_custom_AccruedSuppliesAndServicesMember" unitRef="BRL" decimals="-3">154452000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2019-12-31_custom_UnrealizedExchangeDifferencesMember" unitRef="BRL" id="Foot-31-0" decimals="-3">1181501000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2020-12-31_custom_UnrealizedExchangeDifferencesMember" unitRef="BRL" id="Foot-31-1" decimals="-3">1152326000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2019-12-31_custom_CashFlowHedgeAccountingMember" unitRef="BRL" decimals="-3">426961000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2020-12-31_custom_CashFlowHedgeAccountingMember" unitRef="BRL" decimals="-3">1742800000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2019-12-31_custom_AcquisitionFairValueSwtCblMember" unitRef="BRL" decimals="-3">-184513000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2020-12-31_custom_AcquisitionFairValueSwtCblMember" unitRef="BRL" decimals="-3">-212015000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2019-12-31_custom_DeferredTaxesNonComputedMember" unitRef="BRL" decimals="-3">-291961000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2020-12-31_custom_DeferredTaxesNonComputedMember" unitRef="BRL" decimals="-3">-317927000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2019-12-31_custom_EstimatedLossesReversalsToDeferredTaxesCreditsMember" unitRef="BRL" decimals="-3">-1625998000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2020-12-31_custom_EstimatedLossesReversalsToDeferredTaxesCreditsMember" unitRef="BRL" decimals="-3">-1347468000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2018-12-31_custom_EstimatedLossesReversalsToDeferredTaxesCreditsMember" unitRef="BRL" decimals="-3">-3086572000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2019-12-31_custom_BusinessCombinationMember" unitRef="BRL" decimals="-3">-1023341000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2020-12-31_custom_BusinessCombinationMember" unitRef="BRL" decimals="-3">-1015049000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2018-12-31_custom_BusinessCombinationMember" unitRef="BRL" decimals="-3">-1030812000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2019-12-31_custom_ConsolidationCBSIMember" unitRef="BRL" decimals="-3">50000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2020-12-31_custom_ConsolidationCBSIMember" unitRef="BRL" decimals="-3">50000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2019-12-31_custom_OthersMember1131604092" unitRef="BRL" decimals="-3">-35552000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2020-12-31_custom_OthersMember1131604046" unitRef="BRL" decimals="-3">-53735000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2018-12-31_custom_OthersMember" unitRef="BRL" decimals="-3">47762000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2018-12-31_custom_DeferredIncomeTaxLossesMember" unitRef="BRL" decimals="-3">959240000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2018-12-31_custom_DeferredSocialContributionTaxLossesMember" unitRef="BRL" decimals="-3">367358000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2018-12-31_custom_TemporaryDifferencesMember" unitRef="BRL" decimals="-3">-1838935000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2018-12-31_custom_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember" unitRef="BRL" decimals="-3">334380000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2018-12-31_custom_AssetsImpairmentLossesMember" unitRef="BRL" decimals="-3">181516000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2018-12-31_custom_GainsLossesOnFinancialInstrumentsMember" unitRef="BRL" decimals="-3">359776000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2019-12-31_custom_GainsLossesOnFinancialInstrumentsMember" unitRef="BRL" decimals="-3">414495000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2018-12-31_custom_ActuarialLiabilityPensionAndHealthcarePlanMember" unitRef="BRL" decimals="-3">276032000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2018-12-31_custom_AccruedSuppliesAndServicesMember" unitRef="BRL" decimals="-3">95644000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2018-12-31_custom_UnrealizedExchangeDifferencesMember" unitRef="BRL" id="Foot-31-2" decimals="-3">1010532000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2018-12-31_custom_CashFlowHedgeAccountingMember" unitRef="BRL" decimals="-3">490041000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2018-12-31_custom_AcquisitionFairValueSwtCblMember" unitRef="BRL" decimals="-3">-172114000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2018-12-31_custom_DeferredTaxesNonComputedMember" unitRef="BRL" decimals="-3">-252940000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2019-12-31_custom_GainUponLossOfControlInTransnordestinaMember" unitRef="BRL" decimals="-3">-92180000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2020-12-31_custom_GainUponLossOfControlInTransnordestinaMember" unitRef="BRL" decimals="-3">-92180000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2020-12-31_custom_GainsLossesOnFinancialInstrumentsMember" unitRef="BRL" decimals="-3">5027000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxLiabilityAsset contextRef="AsOf2018-12-31_custom_GainUponLossOfControlInTransnordestinaMember" unitRef="BRL" decimals="-3">-92180000</ifrs-full:DeferredTaxLiabilityAsset>
    <ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity contextRef="From2020-01-01to2020-12-31_custom_TemporaryDifferencesMember" unitRef="BRL" decimals="-3">-59380000</ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity>
    <ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity contextRef="From2019-01-01to2019-12-31_custom_TemporaryDifferencesMember" unitRef="BRL" decimals="-3">-2357000</ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity>
    <ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity contextRef="From2020-01-01to2020-12-31_custom_ActuarialLiabilityPensionAndHealthcarePlanMember" unitRef="BRL" decimals="-3">-44732000</ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity>
    <ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity contextRef="From2019-01-01to2019-12-31_custom_ActuarialLiabilityPensionAndHealthcarePlanMember" unitRef="BRL" decimals="-3">38569000</ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity>
    <ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity contextRef="From2020-01-01to2020-12-31_custom_CashFlowHedgeAccountingMember" unitRef="BRL" decimals="-3">1315839000</ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity>
    <ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity contextRef="From2019-01-01to2019-12-31_custom_CashFlowHedgeAccountingMember" unitRef="BRL" decimals="-3">-63080000</ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity>
    <ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity contextRef="From2020-01-01to2020-12-31_custom_AcquisitionFairValueSwtCblMember" unitRef="BRL" decimals="-3">-57651000</ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity>
    <ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity contextRef="From2019-01-01to2019-12-31_custom_AcquisitionFairValueSwtCblMember" unitRef="BRL" decimals="-3">-52071000</ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity>
    <ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity contextRef="From2020-01-01to2020-12-31_custom_EstimatedLossesReversalsToDeferredTaxesCreditsMember" unitRef="BRL" decimals="-3">-1270110000</ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity>
    <ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity contextRef="From2019-01-01to2019-12-31_custom_EstimatedLossesReversalsToDeferredTaxesCreditsMember" unitRef="BRL" decimals="-3">25159000</ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity>
    <ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity contextRef="From2020-01-01to2020-12-31_custom_OthersMember1131603983" unitRef="BRL" decimals="-3">-2726000</ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity>
    <ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity contextRef="From2019-01-01to2019-12-31_custom_OthersMember1131604061" unitRef="BRL" decimals="-3">49066000</ifrs-full:DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">170604000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">215306000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_DeferredIncomeTaxLossesMember" unitRef="BRL" decimals="-3">238198000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2019-01-01to2019-12-31_custom_DeferredIncomeTaxLossesMember" unitRef="BRL" decimals="-3">651561000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_DeferredSocialContributionTaxLossesMember" unitRef="BRL" decimals="-3">78162000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2019-01-01to2019-12-31_custom_DeferredSocialContributionTaxLossesMember" unitRef="BRL" decimals="-3">242688000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_TemporaryDifferencesMember" unitRef="BRL" decimals="-3">1110336000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2019-01-01to2019-12-31_custom_TemporaryDifferencesMember" unitRef="BRL" decimals="-3">1504151000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember" unitRef="BRL" decimals="-3">15136000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2019-01-01to2019-12-31_custom_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember" unitRef="BRL" decimals="-3">-70367000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_AssetsImpairmentLossesMember" unitRef="BRL" decimals="-3">-26444000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2019-01-01to2019-12-31_custom_AssetsImpairmentLossesMember" unitRef="BRL" decimals="-3">915000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_GainsLossesOnFinancialInstrumentsMember" unitRef="BRL" decimals="-3">-409468000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2019-01-01to2019-12-31_custom_GainsLossesOnFinancialInstrumentsMember" unitRef="BRL" decimals="-3">54719000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_ActuarialLiabilityPensionAndHealthcarePlanMember" unitRef="BRL" decimals="-3">-7412000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_AccruedSuppliesAndServicesMember" unitRef="BRL" decimals="-3">22041000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2019-01-01to2019-12-31_custom_AccruedSuppliesAndServicesMember" unitRef="BRL" decimals="-3">36767000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_UnrealizedExchangeDifferencesMember" unitRef="BRL" id="Foot-31-3" decimals="-3">-29172000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2019-01-01to2019-12-31_custom_UnrealizedExchangeDifferencesMember" unitRef="BRL" id="Foot-31-4" decimals="-3">170969000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_AcquisitionFairValueSwtCblMember" unitRef="BRL" decimals="-3">30149000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2019-01-01to2019-12-31_custom_AcquisitionFairValueSwtCblMember" unitRef="BRL" decimals="-3">39672000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_DeferredTaxesNonComputedMember" unitRef="BRL" decimals="-3">-25966000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2019-01-01to2019-12-31_custom_DeferredTaxesNonComputedMember" unitRef="BRL" decimals="-3">-39021000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_EstimatedLossesReversalsToDeferredTaxesCreditsMember" unitRef="BRL" decimals="-3">1548640000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2019-01-01to2019-12-31_custom_EstimatedLossesReversalsToDeferredTaxesCreditsMember" unitRef="BRL" decimals="-3">1435415000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_BusinessCombinationMember" unitRef="BRL" decimals="-3">8292000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2019-01-01to2019-12-31_custom_BusinessCombinationMember" unitRef="BRL" decimals="-3">7471000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2019-01-01to2019-12-31_custom_ConsolidationCBSIMember" unitRef="BRL" decimals="-3">-12000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2020-01-01to2020-12-31_custom_OthersMember1131603983" unitRef="BRL" decimals="-3">-15457000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss contextRef="From2019-01-01to2019-12-31_custom_OthersMember1131604061" unitRef="BRL" decimals="-3">-132377000</ifrs-full:DeferredTaxExpenseIncomeRecognisedInProfitOrLoss>
    <ifrs-full:IncreaseDecreaseInDeferredTaxLiabilityAsset contextRef="From2020-01-01to2020-12-31_custom_TemporaryDifferencesMember" unitRef="BRL" decimals="-3">5029000</ifrs-full:IncreaseDecreaseInDeferredTaxLiabilityAsset>
    <ifrs-full:IncreaseDecreaseInDeferredTaxLiabilityAsset contextRef="From2019-01-01to2019-12-31_custom_TemporaryDifferencesMember" unitRef="BRL" decimals="-3">59000</ifrs-full:IncreaseDecreaseInDeferredTaxLiabilityAsset>
    <ifrs-full:IncreaseDecreaseInDeferredTaxLiabilityAsset contextRef="From2020-01-01to2020-12-31_custom_AssetsImpairmentLossesMember" unitRef="BRL" decimals="-3">5029000</ifrs-full:IncreaseDecreaseInDeferredTaxLiabilityAsset>
    <ifrs-full:IncreaseDecreaseInDeferredTaxLiabilityAsset contextRef="From2019-01-01to2019-12-31_custom_ConsolidationCBSIMember" unitRef="BRL" decimals="-3">62000</ifrs-full:IncreaseDecreaseInDeferredTaxLiabilityAsset>
    <ifrs-full:IncreaseDecreaseInDeferredTaxLiabilityAsset contextRef="From2019-01-01to2019-12-31_custom_OthersMember1131604061" unitRef="BRL" decimals="-3">-3000</ifrs-full:IncreaseDecreaseInDeferredTaxLiabilityAsset>
    <sid:DeferredTaxAssets1 contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">3874946000</sid:DeferredTaxAssets1>
    <sid:DeferredTaxAssets1 contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">2473304000</sid:DeferredTaxAssets1>
    <sid:DeferredTaxAssets1 contextRef="AsOf2018-12-31" unitRef="BRL" decimals="-3">89394000</sid:DeferredTaxAssets1>
    <sid:DeferredTaxLiabilities1 contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">-618836000</sid:DeferredTaxLiabilities1>
    <sid:DeferredTaxLiabilities1 contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">-589539000</sid:DeferredTaxLiabilities1>
    <sid:DeferredTaxLiabilities1 contextRef="AsOf2018-12-31" unitRef="BRL" decimals="-3">-601731000</sid:DeferredTaxLiabilities1>
    <sid:DeferredTaxAssets2 contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">4703000</sid:DeferredTaxAssets2>
    <sid:DeferredTaxAssets2 contextRef="AsOf2020-12-31_ifrs-full_LaterThanOneYearMember" unitRef="BRL" decimals="-3">1018000</sid:DeferredTaxAssets2>
    <sid:DeferredTaxAssets2 contextRef="AsOf2020-12-31_custom_LaterThanTwoYearMember" unitRef="BRL" decimals="-3">1315000</sid:DeferredTaxAssets2>
    <sid:DeferredTaxAssets2 contextRef="AsOf2020-12-31_custom_LaterThanThreeYearMember" unitRef="BRL" decimals="-3">1257000</sid:DeferredTaxAssets2>
    <sid:DeferredTaxAssets2 contextRef="AsOf2020-12-31_custom_LaterThanFourYearMember" unitRef="BRL" decimals="-3">495000</sid:DeferredTaxAssets2>
    <sid:DeferredTaxAssets2 contextRef="AsOf2020-12-31_custom_LaterThanFiveYearMember" unitRef="BRL" decimals="-3">618000</sid:DeferredTaxAssets2>
    <sid:DeferredLiabilitiesParentCompany contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">828000</sid:DeferredLiabilitiesParentCompany>
    <sid:GrossDeferredTaxAssets contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">3875000</sid:GrossDeferredTaxAssets>
    <ifrs-full:NetDeferredTaxAssets contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">3256000</ifrs-full:NetDeferredTaxAssets>
    <sid:IncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-172520000</sid:IncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity>
    <sid:IncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-217969000</sid:IncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-325350000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-325350000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset>
    <sid:IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1742765000</sid:IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity>
    <sid:IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">426961000</sid:IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity>
    <sid:IncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-1742520000</sid:IncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity>
    <sid:IncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-426961000</sid:IncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity>
    <ifrs-full:CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-327021000</ifrs-full:CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity>
    <ifrs-full:CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-328013000</ifrs-full:CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity>
    <ifrs-full:DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory contextRef="From2020-01-01to2020-12-31_custom_TaxLossesMember">The Company incurs tax losses in the Parent Company as a result of financial expenses on its indebtedness, since it substantially holds all the loans and financing of the CSN Group. However, the Parent Company reported taxable income in two quarters of 2020.</ifrs-full:DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory>
    <ifrs-full:DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory contextRef="From2020-01-01to2020-12-31_custom_ExchangeDifferenceExpensesMember">Since 2012, the Company has opted for taxing exchange rate variations on a cash basis. As a result, taxes are due and expenses are deductible when the underlying asset or liability is settled.</ifrs-full:DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory>
    <ifrs-full:DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory contextRef="From2020-01-01to2020-12-31_custom_LossesOnUsiminasSharesMember">Changes in investment in Usiminas shares are recognized on an accrual basis; however, the event that generates taxation or deductibility will only occur when the investment is sold.</ifrs-full:DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory>
    <ifrs-full:DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherProvisionsMember">Other provisions are recognized on an accrual basis and their taxation occurs only at the time of their realization, such as: provision for contingencies, loss for impairment, provision for environmental liabilities, etc.</ifrs-full:DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory>
    <sid:ProfitGeneratedByForeignSubsidiaries contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1284483000</sid:ProfitGeneratedByForeignSubsidiaries>
    <sid:IncomeTaxAndSocialContribution contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">412420000</sid:IncomeTaxAndSocialContribution>
    <ifrs-full:DeferredTaxAssets contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">3874946000</ifrs-full:DeferredTaxAssets>
    <ifrs-full:DeferredTaxAssets contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">2473304000</ifrs-full:DeferredTaxAssets>
    <ifrs-full:UnusedTaxCreditsForWhichNoDeferredTaxAssetRecognised contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">1681000000</ifrs-full:UnusedTaxCreditsForWhichNoDeferredTaxAssetRecognised>
    <ifrs-full:UnusedTaxCreditsForWhichNoDeferredTaxAssetRecognised contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">1466000000</ifrs-full:UnusedTaxCreditsForWhichNoDeferredTaxAssetRecognised>
    <sid:FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">45331000</sid:FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent>
    <sid:FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">19498000</sid:FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent>
    <sid:FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent contextRef="AsOf2019-12-31_custom_FederalRefisLaw1Member" unitRef="BRL" id="Foot-32-0" decimals="-3">12172000</sid:FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent>
    <sid:FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent contextRef="AsOf2020-12-31_custom_FederalRefisLaw1Member" unitRef="BRL" id="Foot-32-1" decimals="-3">12214000</sid:FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent>
    <sid:FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent contextRef="AsOf2019-12-31_custom_FederalRefisLaw2Member" unitRef="BRL" id="Foot-33-0" decimals="-3">6481000</sid:FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent>
    <sid:FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent contextRef="AsOf2020-12-31_custom_FederalRefisLaw2Member" unitRef="BRL" id="Foot-33-1" decimals="-3">6633000</sid:FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent>
    <sid:FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent contextRef="AsOf2019-12-31_custom_OtherTaxesInInstallmentsMember" unitRef="BRL" decimals="-3">845000</sid:FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent>
    <sid:FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent contextRef="AsOf2020-12-31_custom_OtherTaxesInInstallmentsMember" unitRef="BRL" decimals="-3">26484000</sid:FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent>
    <sid:FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">160247000</sid:FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent>
    <sid:FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">67727000</sid:FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent>
    <sid:FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent contextRef="AsOf2019-12-31_custom_FederalRefisLaw1Member" unitRef="BRL" id="Foot-32-2" decimals="-3">17436000</sid:FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent>
    <sid:FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent contextRef="AsOf2020-12-31_custom_FederalRefisLaw1Member" unitRef="BRL" id="Foot-32-3" decimals="-3">15529000</sid:FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent>
    <sid:FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent contextRef="AsOf2019-12-31_custom_FederalRefisLaw2Member" unitRef="BRL" id="Foot-33-2" decimals="-3">48306000</sid:FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent>
    <sid:FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent contextRef="AsOf2020-12-31_custom_FederalRefisLaw2Member" unitRef="BRL" id="Foot-33-3" decimals="-3">42883000</sid:FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent>
    <sid:FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent contextRef="AsOf2019-12-31_custom_OtherTaxesInInstallmentsMember" unitRef="BRL" decimals="-3">1985000</sid:FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent>
    <sid:FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent contextRef="AsOf2020-12-31_custom_OtherTaxesInInstallmentsMember" unitRef="BRL" decimals="-3">101835000</sid:FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent>
    <ifrs-full:Accruals contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">635388000</ifrs-full:Accruals>
    <ifrs-full:Accruals contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">623247000</ifrs-full:Accruals>
    <ifrs-full:Accruals contextRef="AsOf2019-12-31_custom_TaxMember" unitRef="BRL" decimals="-3">128411000</ifrs-full:Accruals>
    <ifrs-full:Accruals contextRef="AsOf2019-12-31_custom_SocialSecurityMember" unitRef="BRL" decimals="-3">7039000</ifrs-full:Accruals>
    <ifrs-full:Accruals contextRef="AsOf2019-12-31_custom_LaborMember" unitRef="BRL" decimals="-3">305309000</ifrs-full:Accruals>
    <ifrs-full:Accruals contextRef="AsOf2019-12-31_custom_CivilMember" unitRef="BRL" decimals="-3">138990000</ifrs-full:Accruals>
    <ifrs-full:Accruals contextRef="AsOf2019-12-31_custom_EnvironmentalMember" unitRef="BRL" decimals="-3">43498000</ifrs-full:Accruals>
    <ifrs-full:Accruals contextRef="AsOf2019-12-31_custom_DepositOfAGuaranteeMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:Accruals contextRef="AsOf2020-12-31_custom_TaxMember" unitRef="BRL" decimals="-3">134645000</ifrs-full:Accruals>
    <ifrs-full:Accruals contextRef="AsOf2020-12-31_custom_SocialSecurityMember" unitRef="BRL" decimals="-3">8170000</ifrs-full:Accruals>
    <ifrs-full:Accruals contextRef="AsOf2020-12-31_custom_LaborMember" unitRef="BRL" decimals="-3">328334000</ifrs-full:Accruals>
    <ifrs-full:Accruals contextRef="AsOf2020-12-31_custom_CivilMember" unitRef="BRL" decimals="-3">151776000</ifrs-full:Accruals>
    <ifrs-full:Accruals contextRef="AsOf2020-12-31_custom_EnvironmentalMember" unitRef="BRL" decimals="-3">12463000</ifrs-full:Accruals>
    <ifrs-full:Accruals contextRef="AsOf2020-12-31_custom_DepositOfAGuaranteeMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:DepositsFromBanks contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">325117000</ifrs-full:DepositsFromBanks>
    <ifrs-full:DepositsFromBanks contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">328371000</ifrs-full:DepositsFromBanks>
    <ifrs-full:DepositsFromBanks contextRef="AsOf2019-12-31_custom_TaxMember" unitRef="BRL" decimals="-3">31060000</ifrs-full:DepositsFromBanks>
    <ifrs-full:DepositsFromBanks contextRef="AsOf2019-12-31_custom_SocialSecurityMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:DepositsFromBanks contextRef="AsOf2019-12-31_custom_LaborMember" unitRef="BRL" decimals="-3">227213000</ifrs-full:DepositsFromBanks>
    <ifrs-full:DepositsFromBanks contextRef="AsOf2019-12-31_custom_CivilMember" unitRef="BRL" decimals="-3">53771000</ifrs-full:DepositsFromBanks>
    <ifrs-full:DepositsFromBanks contextRef="AsOf2019-12-31_custom_EnvironmentalMember" unitRef="BRL" decimals="-3">3731000</ifrs-full:DepositsFromBanks>
    <ifrs-full:DepositsFromBanks contextRef="AsOf2019-12-31_custom_DepositOfAGuaranteeMember" unitRef="BRL" decimals="-3">12596000</ifrs-full:DepositsFromBanks>
    <ifrs-full:DepositsFromBanks contextRef="AsOf2020-12-31_custom_TaxMember" unitRef="BRL" decimals="-3">2444000</ifrs-full:DepositsFromBanks>
    <ifrs-full:DepositsFromBanks contextRef="AsOf2020-12-31_custom_SocialSecurityMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:DepositsFromBanks contextRef="AsOf2020-12-31_custom_LaborMember" unitRef="BRL" decimals="-3">212737000</ifrs-full:DepositsFromBanks>
    <ifrs-full:DepositsFromBanks contextRef="AsOf2020-12-31_custom_CivilMember" unitRef="BRL" decimals="-3">67819000</ifrs-full:DepositsFromBanks>
    <ifrs-full:DepositsFromBanks contextRef="AsOf2020-12-31_custom_EnvironmentalMember" unitRef="BRL" decimals="-3">17683000</ifrs-full:DepositsFromBanks>
    <ifrs-full:DepositsFromBanks contextRef="AsOf2020-12-31_custom_DepositOfAGuaranteeMember" unitRef="BRL" decimals="-3">24434000</ifrs-full:DepositsFromBanks>
    <sid:AccruedLiabilitieCurrent contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">81073000</sid:AccruedLiabilitieCurrent>
    <sid:AccruedLiabilitieCurrent contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">96479000</sid:AccruedLiabilitieCurrent>
    <sid:AccruedLiabilitiesNonCurrent contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">554315000</sid:AccruedLiabilitiesNonCurrent>
    <sid:AccruedLiabilitiesNonCurrent contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">526768000</sid:AccruedLiabilitiesNonCurrent>
    <sid:JudicialDepositsCurrent contextRef="AsOf2020-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:JudicialDepositsCurrent contextRef="AsOf2019-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:JudicialDepositsNonCurrent contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">325117000</sid:JudicialDepositsNonCurrent>
    <sid:JudicialDepositsNonCurrent contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">328371000</sid:JudicialDepositsNonCurrent>
    <sid:AdditionsToAccruals contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">110313000</sid:AdditionsToAccruals>
    <sid:AdditionsToAccruals contextRef="From2020-01-01to2020-12-31_custom_TaxMember" unitRef="BRL" decimals="-3">8626000</sid:AdditionsToAccruals>
    <sid:AdditionsToAccruals contextRef="From2020-01-01to2020-12-31_custom_SocialSecurityMember" unitRef="BRL" decimals="-3">5892000</sid:AdditionsToAccruals>
    <sid:AdditionsToAccruals contextRef="From2020-01-01to2020-12-31_custom_LaborMember" unitRef="BRL" decimals="-3">44693000</sid:AdditionsToAccruals>
    <sid:AdditionsToAccruals contextRef="From2020-01-01to2020-12-31_custom_CivilMember" unitRef="BRL" decimals="-3">46577000</sid:AdditionsToAccruals>
    <sid:AdditionsToAccruals contextRef="From2020-01-01to2020-12-31_custom_EnvironmentalMember" unitRef="BRL" decimals="-3">4525000</sid:AdditionsToAccruals>
    <sid:AccruedCharges contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">59871000</sid:AccruedCharges>
    <sid:AccruedCharges contextRef="From2020-01-01to2020-12-31_custom_TaxMember" unitRef="BRL" decimals="-3">4267000</sid:AccruedCharges>
    <sid:AccruedCharges contextRef="From2020-01-01to2020-12-31_custom_SocialSecurityMember" unitRef="BRL" decimals="-3">192000</sid:AccruedCharges>
    <sid:AccruedCharges contextRef="From2020-01-01to2020-12-31_custom_LaborMember" unitRef="BRL" decimals="-3">39507000</sid:AccruedCharges>
    <sid:AccruedCharges contextRef="From2020-01-01to2020-12-31_custom_CivilMember" unitRef="BRL" decimals="-3">15579000</sid:AccruedCharges>
    <sid:AccruedCharges contextRef="From2020-01-01to2020-12-31_custom_EnvironmentalMember" unitRef="BRL" decimals="-3">326000</sid:AccruedCharges>
    <sid:NetUtilizationOfAccrualReversal contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-158043000</sid:NetUtilizationOfAccrualReversal>
    <sid:NetUtilizationOfAccrualReversal contextRef="From2020-01-01to2020-12-31_custom_TaxMember" unitRef="BRL" decimals="-3">-6659000</sid:NetUtilizationOfAccrualReversal>
    <sid:NetUtilizationOfAccrualReversal contextRef="From2020-01-01to2020-12-31_custom_SocialSecurityMember" unitRef="BRL" decimals="-3">-4953000</sid:NetUtilizationOfAccrualReversal>
    <sid:NetUtilizationOfAccrualReversal contextRef="From2020-01-01to2020-12-31_custom_LaborMember" unitRef="BRL" decimals="-3">-61175000</sid:NetUtilizationOfAccrualReversal>
    <sid:NetUtilizationOfAccrualReversal contextRef="From2020-01-01to2020-12-31_custom_CivilMember" unitRef="BRL" decimals="-3">-49370000</sid:NetUtilizationOfAccrualReversal>
    <sid:NetUtilizationOfAccrualReversal contextRef="From2020-01-01to2020-12-31_custom_EnvironmentalMember" unitRef="BRL" decimals="-3">-35886000</sid:NetUtilizationOfAccrualReversal>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">39305776000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">35790635000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter1Member" unitRef="BRL" decimals="-3">12412964000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter2Member" unitRef="BRL" decimals="-3">3867663000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter3Member" unitRef="BRL" decimals="-3">2249708000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter4Member" unitRef="BRL" decimals="-3">2946288000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter5Member" unitRef="BRL" decimals="-3">1022371000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter7Member" unitRef="BRL" decimals="-3">1100564000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter8Member" unitRef="BRL" decimals="-3">567534000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter10Member" unitRef="BRL" decimals="-3">310349000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter11Member" unitRef="BRL" decimals="-3">538268000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter13Member" unitRef="BRL" decimals="-3">254850000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter14Member" unitRef="BRL" decimals="-3">1020266000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter15Member" unitRef="BRL" decimals="-3">1015812000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter21Member" unitRef="BRL" decimals="-3">4478014000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter16Member" unitRef="BRL" decimals="-3">325492000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter25Member" unitRef="BRL" decimals="-3">468776000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter26Member" unitRef="BRL" decimals="-3">253569000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter27Member" unitRef="BRL" decimals="-3">215281000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter17Member" unitRef="BRL" decimals="-3">93212000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter18Member" unitRef="BRL" decimals="-3">764127000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter19Member" unitRef="BRL" decimals="-3">1565237000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter30Member" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter32Member" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter20Member" unitRef="BRL" decimals="-3">215691000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter1Member" unitRef="BRL" decimals="-3">12694021000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter2Member" unitRef="BRL" decimals="-3">3930093000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter3Member" unitRef="BRL" decimals="-3">1956898000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter4Member" unitRef="BRL" decimals="-3">3461574000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter5Member" unitRef="BRL" decimals="-3">841401000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter7Member" unitRef="BRL" decimals="-3">1845379000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter8Member" unitRef="BRL" decimals="-3">624645000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter10Member" unitRef="BRL" decimals="-3">317848000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter11Member" unitRef="BRL" decimals="-3">583478000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter13Member" unitRef="BRL" decimals="-3">260326000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter14Member" unitRef="BRL" decimals="-3">1051661000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter15Member" unitRef="BRL" decimals="-3">1111034000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter21Member" unitRef="BRL" decimals="-3">3886976000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter16Member" unitRef="BRL" decimals="-3">233116000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter25Member" unitRef="BRL" decimals="-3">487124000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter26Member" unitRef="BRL" decimals="-3">288390000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter27Member" unitRef="BRL" decimals="-3">237795000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter17Member" unitRef="BRL" decimals="-3">95833000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter28Member" unitRef="BRL" id="Foot-34-0" decimals="-3">12207000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter28Member" unitRef="BRL" id="Foot-34-1" decimals="-3">20000000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter18Member" unitRef="BRL" decimals="-3">777850000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter19Member" unitRef="BRL" decimals="-3">1506626000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter23Member" unitRef="BRL" id="Foot-35-0" decimals="-3">94304000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter23Member" unitRef="BRL" id="Foot-35-1" decimals="-3">84599000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter29Member" unitRef="BRL" id="Foot-36-0" decimals="-3">306389000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter29Member" unitRef="BRL" id="Foot-36-1" xsi:nil="true" />
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter30Member" unitRef="BRL" decimals="-3">862324000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter31Member" unitRef="BRL" id="Foot-37-0" decimals="-3">498002000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2019-12-31_custom_MainLegalMatter31Member" unitRef="BRL" id="Foot-37-1" xsi:nil="true" />
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter32Member" unitRef="BRL" decimals="-3">1082517000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:LegalProceedingsProvision contextRef="AsOf2020-12-31_custom_MainLegalMatter20Member" unitRef="BRL" decimals="-3">257965000</ifrs-full:LegalProceedingsProvision>
    <ifrs-full:IncomeFromFinesAndPenalties contextRef="From2014-01-01to2014-01-31_custom_INEAMember" unitRef="BRL" decimals="-3">35000000</ifrs-full:IncomeFromFinesAndPenalties>
    <ifrs-full:IncomeFromFinesAndPenalties contextRef="From2017-08-26to2017-08-27" unitRef="BRL" decimals="-3">25000000</ifrs-full:IncomeFromFinesAndPenalties>
    <ifrs-full:IncomeFromFinesAndPenalties contextRef="From2013-04-07to2013-04-08_custom_MunicipalityOfVoltaRedondaMember" unitRef="BRL" decimals="-3">35000000</ifrs-full:IncomeFromFinesAndPenalties>
    <ifrs-full:IncomeFromFinesAndPenalties contextRef="From2014-05-01to2014-05-31_custom_INEAMember" unitRef="BRL" decimals="-3">42000000</ifrs-full:IncomeFromFinesAndPenalties>
    <sid:UpdatedAmount contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">4542786000</sid:UpdatedAmount>
    <ifrs-full:OtherLongtermProvisions contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">803835000</ifrs-full:OtherLongtermProvisions>
    <ifrs-full:OtherLongtermProvisions contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">524001000</ifrs-full:OtherLongtermProvisions>
    <ifrs-full:OtherLongtermProvisions contextRef="AsOf2020-12-31_custom_EnvironmentalLiabilitiesMember" unitRef="BRL" decimals="-3">192830000</ifrs-full:OtherLongtermProvisions>
    <ifrs-full:OtherLongtermProvisions contextRef="AsOf2020-12-31_custom_AssetRetirementObligationsMember" unitRef="BRL" decimals="-3">611005000</ifrs-full:OtherLongtermProvisions>
    <ifrs-full:OtherLongtermProvisions contextRef="AsOf2019-12-31_custom_AssetRetirementObligationsMember" unitRef="BRL" decimals="-3">331731000</ifrs-full:OtherLongtermProvisions>
    <ifrs-full:OtherLongtermProvisions contextRef="AsOf2019-12-31_custom_EnvironmentalLiabilitiesMember" unitRef="BRL" decimals="-3">192270000</ifrs-full:OtherLongtermProvisions>
    <ifrs-full:Provisions contextRef="AsOf2020-12-31_custom_MiningMember" unitRef="BRL" decimals="-3">279000000</ifrs-full:Provisions>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">23386194000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">12725805000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31_ifrs-full_TradeReceivablesMember" unitRef="BRL" id="Foot-38-0" decimals="-3">121176000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2019-12-31_ifrs-full_TradeReceivablesMember" unitRef="BRL" id="Foot-38-1" decimals="-3">170588000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2019-12-31_custom_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember" unitRef="BRL" decimals="-3">39435000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31_custom_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember" unitRef="BRL" decimals="-3">7686000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2019-12-31_custom_FinancialInvestmentsMember" unitRef="BRL" id="Foot-39-0" decimals="-3">2116560000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember_custom_FinancialInvestmentsMember" unitRef="BRL" id="Foot-39-1" decimals="-3">2116560000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31_custom_FinancialInvestmentsMember" unitRef="BRL" id="Foot-39-2" decimals="-3">3763603000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember_custom_FinancialInvestmentsMember" unitRef="BRL" id="Foot-39-3" decimals="-3">3763603000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2019-12-31_custom_DividendsReceivableMember1130168805" unitRef="BRL" id="Foot-40-0" decimals="-3">44554000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2019-12-31_custom_JointVenturesEJointOperationMember_custom_DividendsReceivableMember" unitRef="BRL" id="Foot-40-1" decimals="-3">44554000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31_custom_DividendsReceivableMember1130168790" unitRef="BRL" id="Foot-40-2" decimals="-3">38088000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31_custom_JointVenturesEJointOperationMember_custom_DividendsReceivableMember" unitRef="BRL" id="Foot-40-3" decimals="-3">38088000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember_ifrs-full_TradeReceivablesMember" unitRef="BRL" id="Foot-38-2" decimals="-3">130356000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2019-12-31_custom_JointVenturesEJointOperationMember_ifrs-full_TradeReceivablesMember" unitRef="BRL" id="Foot-38-3" decimals="-3">797000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2019-12-31_custom_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember_ifrs-full_TradeReceivablesMember" unitRef="BRL" id="Foot-38-4" decimals="-3">39435000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember_ifrs-full_TradeReceivablesMember" unitRef="BRL" id="Foot-38-5" decimals="-3">113482000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31_custom_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember_ifrs-full_TradeReceivablesMember" unitRef="BRL" id="Foot-38-6" decimals="-3">7686000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31_custom_JointVenturesEJointOperationMember_ifrs-full_TradeReceivablesMember" unitRef="BRL" id="Foot-38-7" decimals="-3">8000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31_custom_JointVenturesEJointOperationMember_custom_OtherCurrentAssetMember" unitRef="BRL" decimals="-3">4413000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2019-12-31_custom_JointVenturesEJointOperationMember_custom_OtherCurrentAssetMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31_custom_OtherCurrentAssetMember" unitRef="BRL" decimals="-3">6242000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2019-12-31_custom_OtherCurrentAssetMember" unitRef="BRL" decimals="-3">1830000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember_custom_OtherCurrentAssetMember" unitRef="BRL" decimals="-3">1829000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember_custom_OtherCurrentAssetMember" unitRef="BRL" decimals="-3">1830000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31_custom_JointVenturesEJointOperationMember" unitRef="BRL" decimals="-3">42509000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">3878914000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2019-12-31_custom_JointVenturesEJointOperationMember" unitRef="BRL" decimals="-3">45351000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">2248746000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="BRL" decimals="-3">55131000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565" unitRef="BRL" decimals="-3">79811000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">2057000000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31_custom_EquimacSAMember" unitRef="BRL" decimals="-3">3707000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">139182000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">2016677000</ifrs-full:CurrentAssets>
    <ifrs-full:CurrentAssets contextRef="AsOf2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">82111000</ifrs-full:CurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">39615955000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">38143471000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2019-12-31_custom_OtherNonCurrentAssetMember" unitRef="BRL" id="Foot-41-0" decimals="-3">428672000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2019-12-31_custom_JointVenturesEJointOperationMember_custom_OtherNonCurrentAssetMember" unitRef="BRL" id="Foot-41-1" decimals="-3">428672000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2020-12-31_custom_OtherNonCurrentAssetMember" unitRef="BRL" id="Foot-41-2" decimals="-3">664020000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2020-12-31_custom_JointVenturesEJointOperationMember_custom_OtherNonCurrentAssetMember" unitRef="BRL" id="Foot-41-3" decimals="-3">664020000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2019-12-31_custom_LoanMember" unitRef="BRL" id="Foot-42-0" decimals="-3">846300000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2019-12-31_custom_JointVenturesEJointOperationMember_custom_LoanMember" unitRef="BRL" id="Foot-42-1" decimals="-3">844426000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2019-12-31_custom_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember" unitRef="BRL" id="Foot-42-2" decimals="-3">1874000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2020-12-31_custom_LoanMember" unitRef="BRL" id="Foot-42-3" decimals="-3">966050000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2020-12-31_custom_JointVenturesEJointOperationMember_custom_LoanMember" unitRef="BRL" id="Foot-42-4" decimals="-3">962675000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2020-12-31_custom_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember" unitRef="BRL" id="Foot-42-5" decimals="-3">3375000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2019-12-31_custom_FinancialInvestmentsMember" unitRef="BRL" id="Foot-39-4" decimals="-3">95719000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember_custom_FinancialInvestmentsMember" unitRef="BRL" id="Foot-39-5" decimals="-3">95719000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2020-12-31_custom_FinancialInvestmentsMember" unitRef="BRL" id="Foot-39-6" decimals="-3">123409000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember_custom_FinancialInvestmentsMember" unitRef="BRL" id="Foot-39-7" decimals="-3">123409000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2020-12-31_custom_JointVenturesEJointOperationMember" unitRef="BRL" decimals="-3">1626695000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">137228000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2019-12-31_custom_JointVenturesEJointOperationMember" unitRef="BRL" decimals="-3">1273098000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">109433000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2020-12-31_custom_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember_custom_LoanMember" unitRef="BRL" decimals="-3">3375000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2019-12-31_custom_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember_custom_LoanMember" unitRef="BRL" decimals="-3">1874000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember_custom_ActuarialAssetMember" unitRef="BRL" decimals="-3">13819000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember_custom_ActuarialAssetMember" unitRef="BRL" decimals="-3">13714000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2020-12-31_custom_ActuarialAssetMember" unitRef="BRL" decimals="-3">13819000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2019-12-31_custom_ActuarialAssetMember" unitRef="BRL" decimals="-3">13714000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="BRL" decimals="-3">9800080000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565" unitRef="BRL" decimals="-3">9226838000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">9145887000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2020-12-31_custom_EquimacSAMember" unitRef="BRL" decimals="-3">11365000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">411479000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">9105595000</ifrs-full:NoncurrentAssets>
    <ifrs-full:NoncurrentAssets contextRef="AsOf2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">450764000</ifrs-full:NoncurrentAssets>
    <ifrs-full:Assets contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">63002149000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">50869276000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2019-12-31_custom_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember" unitRef="BRL" decimals="-3">41309000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2020-12-31_custom_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember" unitRef="BRL" decimals="-3">11061000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2020-12-31_custom_JointVenturesEJointOperationMember" unitRef="BRL" decimals="-3">1669204000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">4016142000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2019-12-31_custom_JointVenturesEJointOperationMember" unitRef="BRL" decimals="-3">1318449000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">2358179000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="BRL" decimals="-3">9855211000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565" unitRef="BRL" decimals="-3">9306649000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">11202887000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2020-12-31_custom_EquimacSAMember" unitRef="BRL" decimals="-3">15072000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2020-12-31_custom_ArvediMetalferDoBrasilSAMember" unitRef="BRL" decimals="-3">40528000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2020-12-31_custom_MRSLogisticaSA1Member" unitRef="BRL" decimals="-3">4175249000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2020-12-31_custom_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:Assets contextRef="AsOf2020-12-31_custom_FairValueTransnordestinaMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:Assets contextRef="AsOf2020-12-31_custom_JointVentureAndJointOperationMember" unitRef="BRL" decimals="-3">8840476000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2020-12-31_ifrs-full_AssociatesMember" unitRef="BRL" decimals="-3">40528000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2019-12-31_custom_MRSLogisticaSA1Member" unitRef="BRL" decimals="-3">4145205000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2019-12-31_custom_FairValueTransnordestinaMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:Assets contextRef="AsOf2019-12-31_custom_JointVentureAndJointOperationMember" unitRef="BRL" decimals="-3">8543639000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2019-12-31_custom_ArvediMetalferDoBrasilSAMember" unitRef="BRL" decimals="-3">44435000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2019-12-31_ifrs-full_AssociatesMember" unitRef="BRL" decimals="-3">44435000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">550661000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">11122272000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">532875000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSA1Member" unitRef="BRL" decimals="-3">4657691000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSA1Member" unitRef="BRL" decimals="-3">4398434000</ifrs-full:Assets>
    <ifrs-full:Assets contextRef="AsOf2020-12-31_custom_EquimacSA1Member" unitRef="BRL" decimals="-3">7536000</ifrs-full:Assets>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">14725696000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">11619957000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2020-12-31_custom_JointVenturesEJointOperationMember" unitRef="BRL" decimals="-3">174967000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">11892000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2019-12-31_custom_JointVenturesEJointOperationMember" unitRef="BRL" decimals="-3">144559000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">167526000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember_custom_IntercompanyLoansMember" unitRef="BRL" decimals="-3">25038000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2019-12-31_custom_IntercompanyLoansMember" unitRef="BRL" decimals="-3">25038000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2020-12-31_custom_JointVenturesEJointOperationMember_custom_TradePayablesMember" unitRef="BRL" decimals="-3">106946000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember_custom_TradePayablesMember" unitRef="BRL" decimals="-3">9455000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2020-12-31_custom_TradePayablesMember1129606796" unitRef="BRL" decimals="-3">116401000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2019-12-31_custom_JointVenturesEJointOperationMember_custom_TradePayablesMember" unitRef="BRL" decimals="-3">98496000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember_custom_TradePayablesMember" unitRef="BRL" decimals="-3">142488000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2019-12-31_custom_TradePayablesMember1129623956" unitRef="BRL" decimals="-3">240984000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2020-12-31_custom_JointVenturesEJointOperationMember_custom_OtherAccountsPayableMember" unitRef="BRL" decimals="-3">23555000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2019-12-31_custom_JointVenturesEJointOperationMember_custom_OtherAccountsPayableMember" unitRef="BRL" decimals="-3">23566000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember_custom_OtherAccountsPayableMember" unitRef="BRL" decimals="-3">2437000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember_custom_OtherAccountsPayableMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CurrentLiabilities contextRef="AsOf2020-12-31_custom_OtherAccountsPayableMember" unitRef="BRL" decimals="-3">25992000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2019-12-31_custom_OtherAccountsPayableMember" unitRef="BRL" decimals="-3">23566000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2020-12-31_custom_JointVenturesEJointOperationMember_custom_OtherProvisionForConsumptionAndServicesMember" unitRef="BRL" decimals="-3">44466000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2019-12-31_custom_JointVenturesEJointOperationMember_custom_OtherProvisionForConsumptionAndServicesMember" unitRef="BRL" decimals="-3">22497000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2020-12-31_custom_OtherProvisionForConsumptionAndServicesMember" unitRef="BRL" decimals="-3">44466000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2019-12-31_custom_OtherProvisionForConsumptionAndServicesMember" unitRef="BRL" decimals="-3">22497000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="BRL" decimals="-3">366823000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565" unitRef="BRL" decimals="-3">275698000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">2263940000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2020-12-31_custom_EquimacSAMember" unitRef="BRL" decimals="-3">602000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">19721000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">2471502000</ifrs-full:CurrentLiabilities>
    <ifrs-full:CurrentLiabilities contextRef="AsOf2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">16793000</ifrs-full:CurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">37024948000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">27887387000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2020-12-31_custom_JointVenturesEJointOperationMember" unitRef="BRL" decimals="-3">78083000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">79546000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2019-12-31_custom_JointVenturesEJointOperationMember" unitRef="BRL" decimals="-3">88021000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">19788000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2020-12-31_custom_JointVenturesEJointOperationMember_custom_OtherAccountsPayableMember" unitRef="BRL" decimals="-3">78083000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2019-12-31_custom_JointVenturesEJointOperationMember_custom_OtherAccountsPayableMember" unitRef="BRL" decimals="-3">88021000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2020-12-31_custom_OtherAccountsPayableMember" unitRef="BRL" decimals="-3">78083000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2019-12-31_custom_OtherAccountsPayableMember" unitRef="BRL" decimals="-3">88021000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember_custom_ActuarialLiabilitiesMember" unitRef="BRL" decimals="-3">19788000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2019-12-31_custom_ActuarialLiabilitiesMember" unitRef="BRL" decimals="-3">19788000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember_custom_ActuarialLiabilitiesMember" unitRef="BRL" decimals="-3">79546000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2020-12-31_custom_ActuarialLiabilitiesMember" unitRef="BRL" decimals="-3">79546000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="BRL" decimals="-3">7033723000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565" unitRef="BRL" decimals="-3">6515027000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">4626113000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">15900000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">4548244000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:NoncurrentLiabilities contextRef="AsOf2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">16550000</ifrs-full:NoncurrentLiabilities>
    <ifrs-full:Liabilities contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">344488000</ifrs-full:Liabilities>
    <ifrs-full:Liabilities contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">419894000</ifrs-full:Liabilities>
    <ifrs-full:Liabilities contextRef="AsOf2020-12-31_custom_JointVenturesEJointOperationMember" unitRef="BRL" decimals="-3">253050000</ifrs-full:Liabilities>
    <ifrs-full:Liabilities contextRef="AsOf2020-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">91438000</ifrs-full:Liabilities>
    <ifrs-full:Liabilities contextRef="AsOf2019-12-31_custom_JointVenturesEJointOperationMember" unitRef="BRL" decimals="-3">232580000</ifrs-full:Liabilities>
    <ifrs-full:Liabilities contextRef="AsOf2019-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">187314000</ifrs-full:Liabilities>
    <ifrs-full:Liabilities contextRef="AsOf2020-12-31_custom_ArvediMetalferDoBrasilSAMember" unitRef="BRL" decimals="-3">32490000</ifrs-full:Liabilities>
    <ifrs-full:Liabilities contextRef="AsOf2020-12-31_custom_MRSLogisticaSA1Member" unitRef="BRL" decimals="-3">2567882000</ifrs-full:Liabilities>
    <ifrs-full:Liabilities contextRef="AsOf2020-12-31_custom_JointVentureAndJointOperationMember" unitRef="BRL" decimals="-3">6065770000</ifrs-full:Liabilities>
    <ifrs-full:Liabilities contextRef="AsOf2020-12-31_ifrs-full_AssociatesMember" unitRef="BRL" decimals="-3">32490000</ifrs-full:Liabilities>
    <ifrs-full:Liabilities contextRef="AsOf2019-12-31_custom_MRSLogisticaSA1Member" unitRef="BRL" decimals="-3">2616218000</ifrs-full:Liabilities>
    <ifrs-full:Liabilities contextRef="AsOf2019-12-31_custom_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:Liabilities contextRef="AsOf2019-12-31_custom_FairValueTransnordestinaMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:Liabilities contextRef="AsOf2019-12-31_custom_EquimacSAMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:Liabilities contextRef="AsOf2019-12-31_custom_JointVentureAndJointOperationMember" unitRef="BRL" decimals="-3">5825596000</ifrs-full:Liabilities>
    <ifrs-full:Liabilities contextRef="AsOf2019-12-31_custom_ArvediMetalferDoBrasilSAMember" unitRef="BRL" decimals="-3">31712000</ifrs-full:Liabilities>
    <ifrs-full:Liabilities contextRef="AsOf2019-12-31_ifrs-full_AssociatesMember" unitRef="BRL" decimals="-3">31712000</ifrs-full:Liabilities>
    <ifrs-full:Liabilities contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSA1Member" unitRef="BRL" decimals="-3">3497587000</ifrs-full:Liabilities>
    <ifrs-full:Liabilities contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSA1Member" unitRef="BRL" decimals="-3">3209378000</ifrs-full:Liabilities>
    <ifrs-full:Liabilities contextRef="AsOf2020-12-31_custom_EquimacSA1Member" unitRef="BRL" decimals="-3">301000</ifrs-full:Liabilities>
    <ifrs-full:RevenueFromSaleOfGoods contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1674235000</ifrs-full:RevenueFromSaleOfGoods>
    <ifrs-full:RevenueFromSaleOfGoods contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1122834000</ifrs-full:RevenueFromSaleOfGoods>
    <ifrs-full:RevenueFromSaleOfGoods contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">1278751000</ifrs-full:RevenueFromSaleOfGoods>
    <ifrs-full:RevenueFromSaleOfGoods contextRef="From2020-01-01to2020-12-31_custom_JointVenturesJointOperationMember" unitRef="BRL" decimals="-3">843000</ifrs-full:RevenueFromSaleOfGoods>
    <ifrs-full:RevenueFromSaleOfGoods contextRef="From2020-01-01to2020-12-31_custom_SubsidiariesAndAssociateMember" unitRef="BRL" decimals="-3">104400000</ifrs-full:RevenueFromSaleOfGoods>
    <ifrs-full:RevenueFromSaleOfGoods contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">1568992000</ifrs-full:RevenueFromSaleOfGoods>
    <ifrs-full:RevenueFromSaleOfGoods contextRef="From2019-01-01to2019-12-31_custom_SubsidiariesAndAssociateMember" unitRef="BRL" decimals="-3">75630000</ifrs-full:RevenueFromSaleOfGoods>
    <ifrs-full:RevenueFromSaleOfGoods contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">1047204000</ifrs-full:RevenueFromSaleOfGoods>
    <ifrs-full:RevenueFromSaleOfGoods contextRef="From2018-01-01to2018-12-31_custom_JointVenturesJointOperationMember" unitRef="BRL" decimals="-3">414000</ifrs-full:RevenueFromSaleOfGoods>
    <ifrs-full:RevenueFromSaleOfGoods contextRef="From2018-01-01to2018-12-31_custom_SubsidiariesAndAssociateMember" unitRef="BRL" decimals="-3">100608000</ifrs-full:RevenueFromSaleOfGoods>
    <ifrs-full:RevenueFromSaleOfGoods contextRef="From2018-01-01to2018-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">1177730000</ifrs-full:RevenueFromSaleOfGoods>
    <ifrs-full:RawMaterialsAndConsumablesUsed contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1140632000</ifrs-full:RawMaterialsAndConsumablesUsed>
    <ifrs-full:RawMaterialsAndConsumablesUsed contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1958958000</ifrs-full:RawMaterialsAndConsumablesUsed>
    <ifrs-full:RawMaterialsAndConsumablesUsed contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">1418282000</ifrs-full:RawMaterialsAndConsumablesUsed>
    <ifrs-full:RawMaterialsAndConsumablesUsed contextRef="From2020-01-01to2020-12-31_custom_JointVenturesJointOperationMember" unitRef="BRL" decimals="-3">1036420000</ifrs-full:RawMaterialsAndConsumablesUsed>
    <ifrs-full:RawMaterialsAndConsumablesUsed contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">104212000</ifrs-full:RawMaterialsAndConsumablesUsed>
    <ifrs-full:RawMaterialsAndConsumablesUsed contextRef="From2019-01-01to2019-12-31_custom_JointVenturesJointOperationMember" unitRef="BRL" decimals="-3">1133142000</ifrs-full:RawMaterialsAndConsumablesUsed>
    <ifrs-full:RawMaterialsAndConsumablesUsed contextRef="From2019-01-01to2019-12-31_custom_SubsidiariesAndAssociateMember" unitRef="BRL" decimals="-3">231140000</ifrs-full:RawMaterialsAndConsumablesUsed>
    <ifrs-full:RawMaterialsAndConsumablesUsed contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">594676000</ifrs-full:RawMaterialsAndConsumablesUsed>
    <ifrs-full:RawMaterialsAndConsumablesUsed contextRef="From2018-01-01to2018-12-31_custom_JointVenturesJointOperationMember" unitRef="BRL" decimals="-3">1307695000</ifrs-full:RawMaterialsAndConsumablesUsed>
    <ifrs-full:RawMaterialsAndConsumablesUsed contextRef="From2018-01-01to2018-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">110587000</ifrs-full:RawMaterialsAndConsumablesUsed>
    <sid:FinancialInterest contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">37516000</sid:FinancialInterest>
    <sid:FinancialInterest contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">64289000</sid:FinancialInterest>
    <sid:FinancialInterest contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">48796000</sid:FinancialInterest>
    <sid:FinancialInterest contextRef="From2020-01-01to2020-12-31_custom_JointVenturesJointOperationMember" unitRef="BRL" decimals="-3">19095000</sid:FinancialInterest>
    <sid:FinancialInterest contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">18421000</sid:FinancialInterest>
    <sid:FinancialInterest contextRef="From2019-01-01to2019-12-31_custom_JointVenturesJointOperationMember" unitRef="BRL" decimals="-3">43790000</sid:FinancialInterest>
    <sid:FinancialInterest contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">20499000</sid:FinancialInterest>
    <sid:FinancialInterest contextRef="From2018-01-01to2018-12-31_custom_JointVenturesJointOperationMember" unitRef="BRL" decimals="-3">33911000</sid:FinancialInterest>
    <sid:FinancialInterest contextRef="From2018-01-01to2018-12-31_custom_SubsidiariesAndAssociateMember" unitRef="BRL" decimals="-3">234000</sid:FinancialInterest>
    <sid:FinancialInterest contextRef="From2018-01-01to2018-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">14651000</sid:FinancialInterest>
    <sid:EffectOfExchangeRateChanges contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">3586000</sid:EffectOfExchangeRateChanges>
    <sid:EffectOfExchangeRateChanges contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">13611000</sid:EffectOfExchangeRateChanges>
    <sid:EffectOfExchangeRateChanges contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">3586000</sid:EffectOfExchangeRateChanges>
    <sid:EffectOfExchangeRateChanges contextRef="From2018-01-01to2018-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">13611000</sid:EffectOfExchangeRateChanges>
    <ifrs-full:FinanceIncomeCost contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1190489000</ifrs-full:FinanceIncomeCost>
    <ifrs-full:FinanceIncomeCost contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">1190489000</ifrs-full:FinanceIncomeCost>
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">4292618000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">2244511000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">5200583000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31_custom_JointVenturesJointOperationMember" unitRef="BRL" decimals="-3">-1016482000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31_custom_SubsidiariesAndAssociateMember" unitRef="BRL" decimals="-3">104400000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">2673690000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_custom_JointVenturesJointOperationMember" unitRef="BRL" decimals="-3">-1104291000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_custom_SubsidiariesAndAssociateMember" unitRef="BRL" decimals="-3">-155510000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">340609000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2018-01-01to2018-12-31_custom_JointVenturesJointOperationMember" unitRef="BRL" decimals="-3">-1273369000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2018-01-01to2018-12-31_custom_SubsidiariesAndAssociateMember" unitRef="BRL" decimals="-3">100842000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2018-01-01to2018-12-31_ifrs-full_OtherRelatedPartiesMember" unitRef="BRL" decimals="-3">1095404000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31_custom_MRSLogisticaSA1Member" unitRef="BRL" decimals="-3">160371000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31_custom_ArvediMetalferDoBrasilSAMember" unitRef="BRL" decimals="-3">-6765000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_custom_EquimacSAMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_custom_MRSLogisticaSA1Member" unitRef="BRL" decimals="-3">187597000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_custom_ArvediMetalferDoBrasilSAMember" unitRef="BRL" decimals="-3">-1682000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31_custom_FairValueMRSLogisticaSAMember" unitRef="BRL" decimals="-3">-11747000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31_custom_JointVentureAndJointOperationMember" unitRef="BRL" decimals="-3">119343000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31_ifrs-full_AssociatesMember" unitRef="BRL" decimals="-3">-6765000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31_custom_EliminationsMember" unitRef="BRL" decimals="-3">-30856000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31_custom_OtherInvestmentMember" unitRef="BRL" decimals="-3">-9967000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31_custom_TotalOtherInvestmentMember" unitRef="BRL" decimals="-3">-9967000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_custom_FairValueMRSLogisticaSAMember" unitRef="BRL" decimals="-3">-11747000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_custom_JointVentureAndJointOperationMember" unitRef="BRL" decimals="-3">165415000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_ifrs-full_AssociatesMember" unitRef="BRL" decimals="-3">-1682000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_custom_EliminationsMember" unitRef="BRL" decimals="-3">-38219000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_custom_OtherInvestmentMember" unitRef="BRL" decimals="-3">171000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_custom_TotalOtherInvestmentMember" unitRef="BRL" decimals="-3">171000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_custom_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember" unitRef="BRL" decimals="-3">6665000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_custom_TotalEquityInResultsOfaffillatedCompaniesMember" unitRef="BRL" decimals="-3">125715000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" decimals="-3">3794295000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2018-01-01to2018-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" decimals="-3">5074136000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">3794295000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2018-01-01to2018-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">5074136000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">498323000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2018-01-01to2018-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">126447000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" decimals="-3">1789067000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">1789067000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">455444000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-11-12to2019-11-13_custom_FTLFERROVIATRANSNORDESTINALOGiSTICASAMember" unitRef="BRL" decimals="-3">293000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31_custom_FairValueTransnordestinaMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_custom_FairValueTransnordestinaMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31_custom_TotalEquityInResultsOfaffillatedCompaniesMember" unitRef="BRL" decimals="-3">71755000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2019-01-01to2019-12-31_custom_TransnordestinaLogisticaSA1Member" unitRef="BRL" decimals="-3">-17100000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31_custom_TransnordestinaLogisticaSA1Member" unitRef="BRL" decimals="-3">-28952000</ifrs-full:ProfitLoss>
    <ifrs-full:ProfitLoss contextRef="From2020-01-01to2020-12-31_custom_EquimacSA1Member" unitRef="BRL" decimals="-3">-329000</ifrs-full:ProfitLoss>
    <ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">40522000</ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits>
    <ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">37452000</ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits>
    <ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">32848000</ifrs-full:KeyManagementPersonnelCompensationShorttermEmployeeBenefits>
    <ifrs-full:KeyManagementPersonnelCompensationPostemploymentBenefits contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">111000</ifrs-full:KeyManagementPersonnelCompensationPostemploymentBenefits>
    <ifrs-full:KeyManagementPersonnelCompensationPostemploymentBenefits contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">109000</ifrs-full:KeyManagementPersonnelCompensationPostemploymentBenefits>
    <ifrs-full:KeyManagementPersonnelCompensationPostemploymentBenefits contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">105000</ifrs-full:KeyManagementPersonnelCompensationPostemploymentBenefits>
    <ifrs-full:KeyManagementPersonnelCompensation contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">40633000</ifrs-full:KeyManagementPersonnelCompensation>
    <ifrs-full:KeyManagementPersonnelCompensation contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">37561000</ifrs-full:KeyManagementPersonnelCompensation>
    <ifrs-full:KeyManagementPersonnelCompensation contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">32953000</ifrs-full:KeyManagementPersonnelCompensation>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">23205332000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">15695779000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2019-12-31_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">12033973000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2020-12-31_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">19877378000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_ForeignCurrencyMember_currency_EUR" unitRef="BRL" xsi:nil="true" />
    <sid:BorrowingsRelaetdParty contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_ForeignCurrencyMember_currency_EUR" unitRef="BRL" decimals="-3">24000000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" decimals="-3">3825000000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" decimals="-3">2958603000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">3327954000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">3661806000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_TransnordestinaLogisticaSAMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">2478105000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_TransnordestinaLogisticaSAMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">2428194000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_FTLFerroviaTransnordestinaMember_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:BorrowingsRelaetdParty contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_FTLFerroviaTransnordestinaMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">43118000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNMineracaoMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">846749000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNMineracaoMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">1184048000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_EstanhoDeRondoniaMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">1154000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_EstanhoDeRondoniaMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">1902000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_MineriosNacionalSAMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">1946000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_MineriosNacionalSAMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">4544000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNIslandsXIIMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" decimals="-3">1000000000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNIslandsXIIMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" decimals="-3">1000000000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNResourcesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" decimals="-3">1525000000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNResourcesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" decimals="-3">1958603000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNSteelSLMember_custom_ForeignCurrencyMember_currency_EUR" unitRef="BRL" xsi:nil="true" />
    <sid:BorrowingsRelaetdParty contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNSteelSLMember_custom_ForeignCurrencyMember_currency_EUR" unitRef="BRL" decimals="-3">24000000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNInovaVenturesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" decimals="-3">1300000000</sid:BorrowingsRelaetdParty>
    <sid:BorrowingsRelaetdParty contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNInovaVenturesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" xsi:nil="true" />
    <sid:TaxForeclosure contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">35692000</sid:TaxForeclosure>
    <sid:TaxForeclosure contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">41004000</sid:TaxForeclosure>
    <sid:TaxForeclosure contextRef="AsOf2019-12-31_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:TaxForeclosure contextRef="AsOf2020-12-31_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:TaxForeclosure contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" xsi:nil="true" />
    <sid:TaxForeclosure contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" xsi:nil="true" />
    <sid:TaxForeclosure contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">35692000</sid:TaxForeclosure>
    <sid:TaxForeclosure contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">41004000</sid:TaxForeclosure>
    <sid:TaxForeclosure contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_TransnordestinaLogisticaSAMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">35496000</sid:TaxForeclosure>
    <sid:TaxForeclosure contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_TransnordestinaLogisticaSAMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">37406000</sid:TaxForeclosure>
    <sid:TaxForeclosure contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_FTLFerroviaTransnordestinaMember_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:TaxForeclosure contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_FTLFerroviaTransnordestinaMember_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:TaxForeclosure contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CiaMetalurgicaPradaMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">196000</sid:TaxForeclosure>
    <sid:TaxForeclosure contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CiaMetalurgicaPradaMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">457000</sid:TaxForeclosure>
    <sid:TaxForeclosure contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNEnergiaMember_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:TaxForeclosure contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNEnergiaMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">3141000</sid:TaxForeclosure>
    <sid:TaxForeclosure contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNMineracaoMember_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:TaxForeclosure contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNMineracaoMember_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:TaxForeclosure contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_MineriosNacionalSAMember_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:TaxForeclosure contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_MineriosNacionalSAMember_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:TaxForeclosure contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNIslandsXIIMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" xsi:nil="true" />
    <sid:TaxForeclosure contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNIslandsXIIMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" xsi:nil="true" />
    <sid:TaxForeclosure contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNResourcesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" xsi:nil="true" />
    <sid:TaxForeclosure contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNResourcesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" xsi:nil="true" />
    <sid:OthersGuarantees contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">5462000</sid:OthersGuarantees>
    <sid:OthersGuarantees contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">10857000</sid:OthersGuarantees>
    <sid:OthersGuarantees contextRef="AsOf2019-12-31_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:OthersGuarantees contextRef="AsOf2020-12-31_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:OthersGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" xsi:nil="true" />
    <sid:OthersGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" xsi:nil="true" />
    <sid:OthersGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">5462000</sid:OthersGuarantees>
    <sid:OthersGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">10857000</sid:OthersGuarantees>
    <sid:OthersGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_TransnordestinaLogisticaSAMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">3298000</sid:OthersGuarantees>
    <sid:OthersGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_TransnordestinaLogisticaSAMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">8702000</sid:OthersGuarantees>
    <sid:OthersGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_FTLFerroviaTransnordestinaMember_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:OthersGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_FTLFerroviaTransnordestinaMember_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:OthersGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CiaMetalurgicaPradaMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">244000</sid:OthersGuarantees>
    <sid:OthersGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CiaMetalurgicaPradaMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">235000</sid:OthersGuarantees>
    <sid:OthersGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNEnergiaMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">1920000</sid:OthersGuarantees>
    <sid:OthersGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNEnergiaMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">1920000</sid:OthersGuarantees>
    <sid:OthersGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNMineracaoMember_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:OthersGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNMineracaoMember_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:OthersGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_MineriosNacionalSAMember_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:OthersGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_MineriosNacionalSAMember_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:OthersGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNIslandsXIIMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" xsi:nil="true" />
    <sid:OthersGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNIslandsXIIMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" xsi:nil="true" />
    <sid:OthersGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNResourcesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" xsi:nil="true" />
    <sid:OthersGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNResourcesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" xsi:nil="true" />
    <sid:TotalGuarantees contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">23246486000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">15747640000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2019-12-31_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">12033973000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2020-12-31_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">19877378000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_ForeignCurrencyMember_currency_EUR" unitRef="BRL" xsi:nil="true" />
    <sid:TotalGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_ForeignCurrencyMember_currency_EUR" unitRef="BRL" decimals="-3">24000000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" decimals="-3">3825000000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" decimals="-3">2958603000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">3369108000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">3713667000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_TransnordestinaLogisticaSAMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">2516899000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_TransnordestinaLogisticaSAMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">2474302000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_FTLFerroviaTransnordestinaMember_custom_LocalCurrencyMember" unitRef="BRL" xsi:nil="true" />
    <sid:TotalGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_FTLFerroviaTransnordestinaMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">43118000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CiaMetalurgicaPradaMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">440000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CiaMetalurgicaPradaMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">692000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNEnergiaMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">1920000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNEnergiaMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">5061000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNMineracaoMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">846749000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNMineracaoMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">1184048000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_EstanhoDeRondoniaMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">1154000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_EstanhoDeRondoniaMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">1902000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_MineriosNacionalSAMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">1946000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_MineriosNacionalSAMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">4544000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNIslandsXIIMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" decimals="-3">1000000000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNIslandsXIIMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" decimals="-3">1000000000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNResourcesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" decimals="-3">1525000000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNResourcesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" decimals="-3">1958603000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNSteelSLMember_custom_ForeignCurrencyMember_currency_EUR" unitRef="BRL" xsi:nil="true" />
    <sid:TotalGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNSteelSLMember_custom_ForeignCurrencyMember_currency_EUR" unitRef="BRL" decimals="-3">24000000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2020-12-31_ifrs-full_GuaranteesMember_custom_CSNInovaVenturesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" decimals="-3">1300000000</sid:TotalGuarantees>
    <sid:TotalGuarantees contextRef="AsOf2019-12-31_ifrs-full_GuaranteesMember_custom_CSNInovaVenturesMember_custom_ForeignCurrencyMember_currency_USD" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:ProportionOfVotingRightsHeldInJointVenture contextRef="From2020-01-01to2020-12-31_custom_VicunhaSiderurgiaSAMember" unitRef="Pure" decimals="INF">0.4924</ifrs-full:ProportionOfVotingRightsHeldInJointVenture>
    <ifrs-full:ProportionOfVotingRightsHeldInJointVenture contextRef="From2020-01-01to2020-12-31_custom_RioIacoParticipacoesSAMember" unitRef="Pure" decimals="INF">0.0422</ifrs-full:ProportionOfVotingRightsHeldInJointVenture>
    <ifrs-full:ProportionOfVotingRightsHeldInJointVenture contextRef="From2020-01-01to2020-12-31_custom_VicunhaAcosSAMember_custom_VicunhaSteelSAMember" unitRef="Pure" decimals="INF">0.6793</ifrs-full:ProportionOfVotingRightsHeldInJointVenture>
    <ifrs-full:ProportionOfVotingRightsHeldInJointVenture contextRef="From2020-01-01to2020-12-31_custom_VicunhaAcosSAMember_custom_CFLParticipacoesSAMember" unitRef="Pure" decimals="INF">0.1282</ifrs-full:ProportionOfVotingRightsHeldInJointVenture>
    <ifrs-full:ProportionOfVotingRightsHeldInJointVenture contextRef="From2020-01-01to2020-12-31_custom_VicunhaAcosSAMember_custom_VicunhaSteelSA1Member" unitRef="Pure" decimals="INF">0.40</ifrs-full:ProportionOfVotingRightsHeldInJointVenture>
    <ifrs-full:ProportionOfVotingRightsHeldInJointVenture contextRef="From2020-01-01to2020-12-31_custom_RioPurusParticipacoesSAMember_custom_CFLParticipacoesSAMember" unitRef="Pure" decimals="INF">0.1925</ifrs-full:ProportionOfVotingRightsHeldInJointVenture>
    <ifrs-full:ProportionOfVotingRightsHeldInJointVenture contextRef="From2020-01-01to2020-12-31_custom_RioPurusParticipacoesSAMember_custom_VicunhaSteelSA1Member" unitRef="Pure" decimals="INF">0.60</ifrs-full:ProportionOfVotingRightsHeldInJointVenture>
    <ifrs-full:DividendPayables contextRef="AsOf2020-12-31_custom_VicunhaAcosSAMember_ifrs-full_BottomOfRangeMember" unitRef="BRL" decimals="-3">204574000</ifrs-full:DividendPayables>
    <ifrs-full:DividendPayables contextRef="AsOf2020-12-31_custom_MRSLogisticaMember" unitRef="BRL" decimals="-3">38088000</ifrs-full:DividendPayables>
    <ifrs-full:DividendPayables contextRef="AsOf2019-12-31_custom_MRSLogisticaMember" unitRef="BRL" decimals="-3">44554000</ifrs-full:DividendPayables>
    <sid:DescriptionOfFinancialInvestment contextRef="From2020-01-01to2020-12-31">Investments in Usiminas shares are R$3,305,109 (R$2,114,620 in December 2019) and cash and cash equivalents with Banco Fibra totaling R$458,494 in December 2020 (R$1,940 in December 2019) and no current amount R$123,409 (R$95,719 in December 2019) from Bonds with an average rate of 98% to 115% of the CDI in the consolidated and holds in the parent company through exclusive funds&#8217; investments in government bonds and CDBs in the amount of R$38,517 on December 31, 2020 (R$8,301 on December 31, 2019).</sid:DescriptionOfFinancialInvestment>
    <sid:AdvanceForFutureCapitalIncreases contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="BRL" decimals="-3">664020000</sid:AdvanceForFutureCapitalIncreases>
    <sid:AdvanceForFutureCapitalIncreases contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565" unitRef="BRL" decimals="-3">428672000</sid:AdvanceForFutureCapitalIncreases>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31" unitRef="Shares" decimals="INF">1387524047</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2019-12-31" unitRef="Shares" decimals="INF">1387524047</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="Shares" id="Foot-43-0" decimals="INF">24670093</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_VicunhaAcosSAMember" unitRef="Shares" id="Foot-44-0" decimals="INF">679522254</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2019-12-31_custom_VicunhaAcosSAMember" unitRef="Shares" id="Foot-44-1" decimals="INF">679522254</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_RioLacoParticipacoesSAMember" unitRef="Shares" id="Foot-44-2" decimals="INF">58193503</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2019-12-31_custom_RioLacoParticipacoesSAMember" unitRef="Shares" id="Foot-44-3" decimals="INF">58193503</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_NyseAdrsMember" unitRef="Shares" decimals="INF">248763533</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2019-12-31_custom_NyseAdrsMember" unitRef="Shares" decimals="INF">262206103</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_OtherOneMember" unitRef="Shares" decimals="INF">393635257</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2019-12-31_custom_OtherOneMember" unitRef="Shares" decimals="INF">380192687</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_USIM3Member" unitRef="Shares" decimals="INF">1380114547</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2019-12-31_custom_USIM3Member" unitRef="Shares" decimals="INF">1380114547</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_ifrs-full_TreasurySharesMember" unitRef="Shares" decimals="INF">7409500</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2019-12-31_ifrs-full_TreasurySharesMember" unitRef="Shares" decimals="INF">7409500</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_CSNIslandsVIICorpMember" unitRef="Shares" decimals="INF">20001000</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_CSNInovaVenturesMember" unitRef="Shares" id="Foot-18-2" decimals="INF">50000</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_CSNIslandsXIICorpMember" unitRef="Shares" decimals="INF">1540</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_CSNSteelSLUMember" unitRef="Shares" decimals="INF">22042688</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_TdBBSAMember" unitRef="Shares" id="Foot-19-2" xsi:nil="true" />
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_SepetibaTeconSAMember" unitRef="Shares" decimals="INF">254015052</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_MineriosNacionalSAMember" unitRef="Shares" decimals="INF">141719295</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_CompanhiaFlorestaldoBrasilMember" unitRef="Shares" decimals="INF">66354391</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_EstanhoDeRondoniaSAMember" unitRef="Shares" decimals="INF">195454162</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_CompanhiaMetalurgicaPradaMember" unitRef="Shares" decimals="INF">555142354</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_CSNMineracaoSAMember" unitRef="Shares" decimals="INF">158419480</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_CSNEnergiaSAMember" unitRef="Shares" decimals="INF">43149</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_FTLFerroviaTransnordestinaLogisticaSAMember" unitRef="Shares" decimals="INF">486592830</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_NordesteLogisticaSAMember" unitRef="Shares" decimals="INF">99999</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_CSNInovaLtdMember" unitRef="Shares" xsi:nil="true" />
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_CSNEquipamentosSAMember" unitRef="Shares" id="Foot-21-1" xsi:nil="true" />
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember" unitRef="Shares" decimals="INF">4669986</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_CSNCimentosSAMember" unitRef="Shares" id="Foot-20-2" decimals="INF">90</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_CSNCimentosSA1Member" unitRef="Shares" id="Foot-20-3" decimals="INF">10</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_ItaEnergeticaSAMember" unitRef="Shares" decimals="INF">253606846</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="Shares" id="Foot-45-0" decimals="INF">63377198</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_EquimacSAMember" unitRef="Shares" id="Foot-21-2" decimals="INF">1117</ifrs-full:NumberOfSharesOutstanding>
    <ifrs-full:NumberOfSharesOutstanding contextRef="AsOf2020-12-31_custom_ArvediMetalferDoBrasilSAMember" unitRef="Shares" decimals="INF">49074882</ifrs-full:NumberOfSharesOutstanding>
    <sid:PercentageOfShares contextRef="AsOf2020-12-31" unitRef="Pure" decimals="INF">1.0000</sid:PercentageOfShares>
    <sid:PercentageOfShares contextRef="AsOf2019-12-31" unitRef="Pure" decimals="INF">1.0000</sid:PercentageOfShares>
    <sid:PercentageOfShares contextRef="AsOf2020-12-31_custom_VicunhaAcosSAMember" unitRef="Pure" id="Foot-44-4" decimals="INF">0.4897</sid:PercentageOfShares>
    <sid:PercentageOfShares contextRef="AsOf2019-12-31_custom_VicunhaAcosSAMember" unitRef="Pure" id="Foot-44-5" decimals="INF">0.4897</sid:PercentageOfShares>
    <sid:PercentageOfShares contextRef="AsOf2020-12-31_custom_RioLacoParticipacoesSAMember" unitRef="Pure" id="Foot-44-6" decimals="INF">0.0419</sid:PercentageOfShares>
    <sid:PercentageOfShares contextRef="AsOf2019-12-31_custom_RioLacoParticipacoesSAMember" unitRef="Pure" id="Foot-44-7" decimals="INF">0.0419</sid:PercentageOfShares>
    <sid:PercentageOfShares contextRef="AsOf2020-12-31_custom_NyseAdrsMember" unitRef="Pure" decimals="INF">0.1793</sid:PercentageOfShares>
    <sid:PercentageOfShares contextRef="AsOf2019-12-31_custom_NyseAdrsMember" unitRef="Pure" decimals="INF">0.1890</sid:PercentageOfShares>
    <sid:PercentageOfShares contextRef="AsOf2020-12-31_custom_OtherOneMember" unitRef="Pure" decimals="INF">0.2837</sid:PercentageOfShares>
    <sid:PercentageOfShares contextRef="AsOf2019-12-31_custom_OtherOneMember" unitRef="Pure" decimals="INF">0.2740</sid:PercentageOfShares>
    <sid:PercentageOfShares contextRef="AsOf2020-12-31_custom_USIM3Member" unitRef="Pure" decimals="INF">0.9947</sid:PercentageOfShares>
    <sid:PercentageOfShares contextRef="AsOf2019-12-31_custom_USIM3Member" unitRef="Pure" decimals="INF">0.9947</sid:PercentageOfShares>
    <sid:PercentageOfShares contextRef="AsOf2020-12-31_ifrs-full_TreasurySharesMember" unitRef="Pure" decimals="INF">0.0053</sid:PercentageOfShares>
    <sid:PercentageOfShares contextRef="AsOf2019-12-31_ifrs-full_TreasurySharesMember" unitRef="Pure" decimals="INF">0.0053</sid:PercentageOfShares>
    <ifrs-full:PercentageOfVotingEquityInterestsAcquired contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="Pure" decimals="INF">0.4726</ifrs-full:PercentageOfVotingEquityInterestsAcquired>
    <ifrs-full:PercentageOfVotingEquityInterestsAcquired contextRef="AsOf2020-12-31_custom_VicunhaAcosSAMember" unitRef="Pure" id="Foot-44-8" decimals="INF">0.4924</ifrs-full:PercentageOfVotingEquityInterestsAcquired>
    <ifrs-full:PercentageOfVotingEquityInterestsAcquired contextRef="AsOf2019-12-31_custom_VicunhaAcosSAMember" unitRef="Pure" id="Foot-44-9" decimals="INF">0.4924</ifrs-full:PercentageOfVotingEquityInterestsAcquired>
    <ifrs-full:PercentageOfVotingEquityInterestsAcquired contextRef="AsOf2020-12-31_custom_RioLacoParticipacoesSAMember" unitRef="Pure" id="Foot-44-10" decimals="INF">0.0422</ifrs-full:PercentageOfVotingEquityInterestsAcquired>
    <ifrs-full:PercentageOfVotingEquityInterestsAcquired contextRef="AsOf2019-12-31_custom_RioLacoParticipacoesSAMember" unitRef="Pure" id="Foot-44-11" decimals="INF">0.0422</ifrs-full:PercentageOfVotingEquityInterestsAcquired>
    <ifrs-full:PercentageOfVotingEquityInterestsAcquired contextRef="AsOf2020-12-31_custom_NyseAdrsMember" unitRef="Pure" decimals="INF">0.1802</ifrs-full:PercentageOfVotingEquityInterestsAcquired>
    <ifrs-full:PercentageOfVotingEquityInterestsAcquired contextRef="AsOf2019-12-31_custom_NyseAdrsMember" unitRef="Pure" decimals="INF">0.1900</ifrs-full:PercentageOfVotingEquityInterestsAcquired>
    <ifrs-full:PercentageOfVotingEquityInterestsAcquired contextRef="AsOf2020-12-31_custom_OtherOneMember" unitRef="Pure" decimals="INF">0.2852</ifrs-full:PercentageOfVotingEquityInterestsAcquired>
    <ifrs-full:PercentageOfVotingEquityInterestsAcquired contextRef="AsOf2019-12-31_custom_OtherOneMember" unitRef="Pure" decimals="INF">0.2755</ifrs-full:PercentageOfVotingEquityInterestsAcquired>
    <ifrs-full:PercentageOfVotingEquityInterestsAcquired contextRef="AsOf2020-12-31_custom_USIM3Member" unitRef="Pure" decimals="INF">1.0000</ifrs-full:PercentageOfVotingEquityInterestsAcquired>
    <ifrs-full:PercentageOfVotingEquityInterestsAcquired contextRef="AsOf2019-12-31_custom_USIM3Member" unitRef="Pure" decimals="INF">1.0000</ifrs-full:PercentageOfVotingEquityInterestsAcquired>
    <ifrs-full:PercentageOfVotingEquityInterestsAcquired contextRef="AsOf2020-12-31_custom_MineriosNacionalMember" unitRef="Pure" decimals="INF">1.00</ifrs-full:PercentageOfVotingEquityInterestsAcquired>
    <ifrs-full:PercentageOfVotingEquityInterestsAcquired contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="Pure" decimals="INF">0.3494</ifrs-full:PercentageOfVotingEquityInterestsAcquired>
    <ifrs-full:PercentageOfVotingEquityInterestsAcquired contextRef="AsOf2020-12-31_custom_EquimacSAMember" unitRef="Pure" decimals="INF">0.5000</ifrs-full:PercentageOfVotingEquityInterestsAcquired>
    <ifrs-full:PercentageOfVotingEquityInterestsAcquired contextRef="AsOf2020-12-31_custom_ItaEnergeticaMember" unitRef="Pure" decimals="INF">0.4875</ifrs-full:PercentageOfVotingEquityInterestsAcquired>
    <sid:BoardsAuthorizationDate contextRef="From2020-01-01to2020-12-31_custom_BuybackProgram9Number2Member">04/20/2018</sid:BoardsAuthorizationDate>
    <ifrs-full:NumberOfSharesAuthorised contextRef="AsOf2020-12-31" unitRef="Shares" decimals="INF">2400000000</ifrs-full:NumberOfSharesAuthorised>
    <ifrs-full:NumberOfSharesAuthorised contextRef="AsOf2020-12-31_custom_BuybackProgram9Number2Member" unitRef="Shares" decimals="INF">30391000</ifrs-full:NumberOfSharesAuthorised>
    <sid:BuybackProgramPeriod contextRef="From2020-01-01to2020-12-31_custom_BuybackProgram9Number2Member">From 4/20/2018 to 4/30/2018</sid:BuybackProgramPeriod>
    <sid:AverageBuybackPrice contextRef="AsOf2020-12-31_custom_BuybackProgram9Number2Member" unitRef="BRLPShares" xsi:nil="true" />
    <sid:MinimumAndMaximumBuybackPrice contextRef="From2020-01-01to2020-12-31_custom_BuybackProgram9Number2Member" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:ProceedsFromSaleOrIssueOfTreasuryShares contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">213402000</ifrs-full:ProceedsFromSaleOrIssueOfTreasuryShares>
    <sid:NumberOfSharesRepurchased contextRef="AsOf2020-12-31" unitRef="Shares" decimals="INF">7409500</sid:NumberOfSharesRepurchased>
    <ifrs-full:TreasuryShares contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">58264000</ifrs-full:TreasuryShares>
    <ifrs-full:TreasuryShares contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">58264000</ifrs-full:TreasuryShares>
    <sid:WeightAverageSharePrice contextRef="From2020-01-01to2020-12-31_ifrs-full_BottomOfRangeMember" unitRef="BRLPShares" decimals="INF">4.48</sid:WeightAverageSharePrice>
    <sid:WeightAverageSharePrice contextRef="From2020-01-01to2020-12-31_ifrs-full_TopOfRangeMember" unitRef="BRLPShares" decimals="INF">10.07</sid:WeightAverageSharePrice>
    <sid:WeightAverageSharePrice contextRef="From2020-01-01to2020-12-31_ifrs-full_WeightedAverageMember" unitRef="BRLPShares" decimals="INF">7.86</sid:WeightAverageSharePrice>
    <sid:TreasurySharesMarketPrice contextRef="AsOf2020-12-31" unitRef="BRL" id="Foot-46-0" decimals="-3">235993000</sid:TreasurySharesMarketPrice>
    <ifrs-full:ProfitLossAttributableToOwnersOfParent contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">3794295000</ifrs-full:ProfitLossAttributableToOwnersOfParent>
    <ifrs-full:ProfitLossAttributableToOwnersOfParent contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1789067000</ifrs-full:ProfitLossAttributableToOwnersOfParent>
    <ifrs-full:ProfitLossAttributableToOwnersOfParent contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">5074136000</ifrs-full:ProfitLossAttributableToOwnersOfParent>
    <ifrs-full:WeightedAverageShares contextRef="From2020-01-01to2020-12-31" unitRef="Shares" decimals="INF">1380114547</ifrs-full:WeightedAverageShares>
    <ifrs-full:WeightedAverageShares contextRef="From2019-01-01to2019-12-31" unitRef="Shares" decimals="INF">1380114547</ifrs-full:WeightedAverageShares>
    <ifrs-full:WeightedAverageShares contextRef="From2018-01-01to2018-12-31" unitRef="Shares" decimals="INF">1373250595</ifrs-full:WeightedAverageShares>
    <ifrs-full:BasicAndDilutedEarningsLossPerShare contextRef="From2020-01-01to2020-12-31" unitRef="BRLPShares" decimals="INF">2.74926</ifrs-full:BasicAndDilutedEarningsLossPerShare>
    <ifrs-full:BasicAndDilutedEarningsLossPerShare contextRef="From2019-01-01to2019-12-31" unitRef="BRLPShares" decimals="INF">1.29632</ifrs-full:BasicAndDilutedEarningsLossPerShare>
    <ifrs-full:BasicAndDilutedEarningsLossPerShare contextRef="From2018-01-01to2018-12-31" unitRef="BRLPShares" decimals="INF">3.69498</ifrs-full:BasicAndDilutedEarningsLossPerShare>
    <ifrs-full:IssuedCapital contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">6040000000</ifrs-full:IssuedCapital>
    <ifrs-full:IssuedCapital contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">4540000000</ifrs-full:IssuedCapital>
    <sid:CapitalIncrease contextRef="AsOf2020-12-31" unitRef="Shares" decimals="INF">1387524047</sid:CapitalIncrease>
    <sid:CapitalIncrease contextRef="AsOf2021-02-22" unitRef="Shares" decimals="INF">1500000</sid:CapitalIncrease>
    <ifrs-full:NumberOfSharesIssued contextRef="AsOf2021-02-17_custom_EventAfterReportingPeriodMember_custom_CSNMineracaoSAMember_custom_PrimaryDistributionMember" unitRef="Shares" decimals="INF">161189078</ifrs-full:NumberOfSharesIssued>
    <ifrs-full:NumberOfSharesIssued contextRef="AsOf2021-02-17_custom_EventAfterReportingPeriodMember_custom_CSNMineracaoSAMember_custom_SecondaryDistributionMember" unitRef="Shares" decimals="INF">372749743</ifrs-full:NumberOfSharesIssued>
    <sid:NumberOfShareIssuedValue contextRef="From2021-02-16to2021-02-17_custom_EventAfterReportingPeriodMember_custom_CSNMineracaoSAMember_custom_PrimaryDistributionMember" unitRef="BRL" decimals="-3">1370000000</sid:NumberOfShareIssuedValue>
    <sid:NumberOfShareIssuedValue contextRef="From2021-02-16to2021-02-17_custom_EventAfterReportingPeriodMember_custom_CSNMineracaoSAMember_custom_SecondaryDistributionMember" unitRef="BRL" decimals="-3">2785000000</sid:NumberOfShareIssuedValue>
    <ifrs-full:CapitalReserve contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">32720000</ifrs-full:CapitalReserve>
    <ifrs-full:CapitalReserve contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">32720000</ifrs-full:CapitalReserve>
    <ifrs-full:CapitalReserve contextRef="AsOf2021-02-22_custom_EventAfterReportingPeriodMember" unitRef="BRL" decimals="-3">1500000000</ifrs-full:CapitalReserve>
    <ifrs-full:ParValuePerShare contextRef="AsOf2021-02-17_custom_EventAfterReportingPeriodMember_custom_CSNMineracaoSAMember_custom_PrimaryDistributionMember" unitRef="BRLPShares" decimals="INF">8.50</ifrs-full:ParValuePerShare>
    <ifrs-full:ParValuePerShare contextRef="AsOf2021-02-17_custom_EventAfterReportingPeriodMember_custom_CSNMineracaoSAMember_custom_SecondaryDistributionMember" unitRef="BRLPShares" decimals="INF">8.50</ifrs-full:ParValuePerShare>
    <sid:ShareCapital contextRef="From2021-02-16to2021-02-17_custom_EventAfterReportingPeriodMember_custom_CSNMineracaoSAMember" unitRef="BRL" decimals="-3">5430057060000</sid:ShareCapital>
    <sid:Others contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-9966000</sid:Others>
    <sid:Others contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">157000</sid:Others>
    <sid:CapitalReserves contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-189715000</sid:CapitalReserves>
    <sid:ProfitForAllocation contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">3604580000</sid:ProfitForAllocation>
    <sid:MinimumMandatoryDividend contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-901145000</sid:MinimumMandatoryDividend>
    <sid:StatutoryReserves contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-2703435000</sid:StatutoryReserves>
    <sid:AllocationOfProfit contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-3604580000</sid:AllocationOfProfit>
    <ifrs-full:DividendsPaidOrdinarySharesPerShare contextRef="From2020-01-01to2020-12-31" unitRef="BRLPShares" decimals="INF">0.652949</ifrs-full:DividendsPaidOrdinarySharesPerShare>
    <sid:DividendsPaidOnShareholdersEquityLiabilites contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">901983000</sid:DividendsPaidOnShareholdersEquityLiabilites>
    <sid:DividendsPaidOnShareholdersEquityLiabilites contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">13252000</sid:DividendsPaidOnShareholdersEquityLiabilites>
    <sid:DividendsPaidInYear contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-12414000</sid:DividendsPaidInYear>
    <sid:ProposedDividendOnShareholdersEquityLiabilites contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">901145000</sid:ProposedDividendOnShareholdersEquityLiabilites>
    <sid:PercentageOfDistributionOfMinimumDividends contextRef="From2020-01-01to2020-12-31" unitRef="Pure" decimals="INF">0.25</sid:PercentageOfDistributionOfMinimumDividends>
    <sid:GrossRevenue contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">34049060000</sid:GrossRevenue>
    <sid:GrossRevenue contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">28883717000</sid:GrossRevenue>
    <sid:GrossRevenue contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">26570460000</sid:GrossRevenue>
    <sid:GrossRevenue contextRef="From2019-01-01to2019-12-31_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">14220420000</sid:GrossRevenue>
    <sid:GrossRevenue contextRef="From2019-01-01to2019-12-31_custom_ForeignMarketMember" unitRef="BRL" decimals="-3">14663297000</sid:GrossRevenue>
    <sid:GrossRevenue contextRef="From2020-01-01to2020-12-31_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">16652801000</sid:GrossRevenue>
    <sid:GrossRevenue contextRef="From2020-01-01to2020-12-31_custom_ForeignMarketMember" unitRef="BRL" decimals="-3">17396259000</sid:GrossRevenue>
    <sid:GrossRevenue contextRef="From2018-01-01to2018-12-31_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">14752901000</sid:GrossRevenue>
    <sid:GrossRevenue contextRef="From2018-01-01to2018-12-31_custom_ForeignMarketMember" unitRef="BRL" decimals="-3">11817559000</sid:GrossRevenue>
    <sid:SalesReturnsAndDiscounts contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">248821000</sid:SalesReturnsAndDiscounts>
    <sid:SalesReturnsAndDiscounts contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">325794000</sid:SalesReturnsAndDiscounts>
    <sid:SalesReturnsAndDiscounts contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">234851000</sid:SalesReturnsAndDiscounts>
    <sid:TaxEffectOfRevenues contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">3736219000</sid:TaxEffectOfRevenues>
    <sid:TaxEffectOfRevenues contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">3121506000</sid:TaxEffectOfRevenues>
    <sid:TaxEffectOfRevenues contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">3366724000</sid:TaxEffectOfRevenues>
    <sid:RevenueDeductions contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">3985040000</sid:RevenueDeductions>
    <sid:RevenueDeductions contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">3447300000</sid:RevenueDeductions>
    <sid:RevenueDeductions contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">3601575000</sid:RevenueDeductions>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">30064020000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">25436417000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">22968885000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">10950701000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_ForeignMarketMember" unitRef="BRL" decimals="-3">14485716000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">12886213000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_ForeignMarketMember" unitRef="BRL" decimals="-3">17177807000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">11353437000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_ForeignMarketMember" unitRef="BRL" decimals="-3">11615450000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_SteelMember" unitRef="BRL" decimals="-3">13949032000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_MiningMember1132393847" unitRef="BRL" decimals="-3">10027649000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" decimals="-3">240451000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" decimals="-3">1321355000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_EnergyMember" unitRef="BRL" decimals="-3">325343000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_CementMember1132393957" unitRef="BRL" decimals="-3">570805000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">-998218000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_SteelMember" unitRef="BRL" decimals="-3">15634143000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_MiningMember" unitRef="BRL" decimals="-3">5984781000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" decimals="-3">266378000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" decimals="-3">1506114000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_EnergyMember" unitRef="BRL" decimals="-3">410606000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_CementMember" unitRef="BRL" decimals="-3">588230000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">-1421366000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_SteelMember" unitRef="BRL" decimals="-3">16602895000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_MiningMember972376165" unitRef="BRL" decimals="-3">12683231000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" decimals="-3">256371000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" decimals="-3">1489647000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_EnergyMember" unitRef="BRL" decimals="-3">172859000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_CementMember972376196" unitRef="BRL" decimals="-3">858192000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">-1999175000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_SteelMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">10027999000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_MiningMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">926836000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_LogisticsMember_custom_PortMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">240451000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_LogisticsMember_custom_RailroadsMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">1321355000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_EnergyMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">325343000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_CementMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">570805000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">-2462088000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_SteelMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">10328372000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_MiningMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">972360000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_LogisticsMember_custom_PortMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">266378000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_LogisticsMember_custom_RailroadsMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">1506114000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_EnergyMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">410606000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_CementMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">588230000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">-2718623000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_SteelMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">11721339000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_MiningMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">1532589000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_PortMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">256371000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_RailroadsMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">1489647000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_EnergyMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">172859000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_CementMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">857197000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember_custom_DomesticMarketMember" unitRef="BRL" decimals="-3">-3143789000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_SteelMember_custom_ForeignMarketMember" unitRef="BRL" decimals="-3">3921033000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_MiningMember_custom_ForeignMarketMember" unitRef="BRL" decimals="-3">9100813000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember_custom_ForeignMarketMember" unitRef="BRL" decimals="-3">1463870000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_SteelMember_custom_ForeignMarketMember" unitRef="BRL" decimals="-3">5305771000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_MiningMember_custom_ForeignMarketMember" unitRef="BRL" decimals="-3">5012420000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember_custom_ForeignMarketMember" unitRef="BRL" decimals="-3">1297258000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_SteelMember_custom_ForeignMarketMember" unitRef="BRL" decimals="-3">4881556000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_MiningMember_custom_ForeignMarketMember" unitRef="BRL" decimals="-3">11150642000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember_custom_ForeignMarketMember" unitRef="BRL" decimals="-3">1144614000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_CementMember_custom_ForeignMarketMember" unitRef="BRL" decimals="-3">995000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_SteelMember_srt_AsiaMember" unitRef="BRL" decimals="-3">2980000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_MiningMember_srt_AsiaMember" unitRef="BRL" decimals="-3">6742946000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember_srt_AsiaMember" unitRef="BRL" decimals="-3">1463870000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_srt_AsiaMember" unitRef="BRL" decimals="-3">8209796000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_SteelMember_srt_AsiaMember" unitRef="BRL" decimals="-3">40681000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_MiningMember_srt_AsiaMember" unitRef="BRL" decimals="-3">4422377000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember_srt_AsiaMember" unitRef="BRL" decimals="-3">1297258000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_srt_AsiaMember" unitRef="BRL" decimals="-3">5760316000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_MiningMember_srt_AsiaMember" unitRef="BRL" decimals="-3">7461791000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember_srt_AsiaMember" unitRef="BRL" decimals="-3">1144614000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_srt_AsiaMember" unitRef="BRL" decimals="-3">8606405000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_SteelMember_srt_NorthAmericaMember" unitRef="BRL" decimals="-3">767977000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_srt_NorthAmericaMember" unitRef="BRL" decimals="-3">767977000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_SteelMember_srt_NorthAmericaMember" unitRef="BRL" decimals="-3">1506041000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_srt_NorthAmericaMember" unitRef="BRL" decimals="-3">1506041000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_SteelMember_srt_NorthAmericaMember" unitRef="BRL" decimals="-3">922299000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_srt_NorthAmericaMember" unitRef="BRL" decimals="-3">922299000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_SteelMember_srt_LatinAmericaMember" unitRef="BRL" decimals="-3">169036000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_srt_LatinAmericaMember" unitRef="BRL" decimals="-3">169036000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_SteelMember_srt_LatinAmericaMember" unitRef="BRL" decimals="-3">369830000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_srt_LatinAmericaMember" unitRef="BRL" decimals="-3">369830000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_SteelMember_srt_LatinAmericaMember" unitRef="BRL" decimals="-3">327900000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_srt_LatinAmericaMember" unitRef="BRL" decimals="-3">327900000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_CementMember_srt_LatinAmericaMember" unitRef="BRL" decimals="-3">995000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_SteelMember_srt_EuropeMember" unitRef="BRL" decimals="-3">2978994000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_MiningMember_srt_EuropeMember" unitRef="BRL" decimals="-3">2357867000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_srt_EuropeMember" unitRef="BRL" decimals="-3">5336861000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_SteelMember_srt_EuropeMember" unitRef="BRL" decimals="-3">3330991000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_MiningMember_srt_EuropeMember" unitRef="BRL" decimals="-3">590043000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_srt_EuropeMember" unitRef="BRL" decimals="-3">3921034000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_SteelMember_srt_EuropeMember" unitRef="BRL" decimals="-3">3627011000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_MiningMember_srt_EuropeMember" unitRef="BRL" decimals="-3">3688851000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_srt_EuropeMember" unitRef="BRL" decimals="-3">7315862000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_SteelMember_custom_OthersMember" unitRef="BRL" decimals="-3">2046000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_OthersMember1132396312" unitRef="BRL" decimals="-3">2046000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_SteelMember_custom_OthersMember" unitRef="BRL" decimals="-3">58229000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2018-01-01to2018-12-31_custom_OthersMember1132396359" unitRef="BRL" decimals="-3">58229000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_SteelMember_custom_OthersMember" unitRef="BRL" decimals="-3">4346000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_OthersMember1132396453" unitRef="BRL" decimals="-3">4346000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">3604965000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_TransnordestinaLogisticaSAMember979495614" unitRef="BRL" decimals="-3">35000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_EquimacSAMember" unitRef="BRL" decimals="-3">2308000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">3200809000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2020-01-01to2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">173426000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_CBSIMember" unitRef="BRL" decimals="-3">267436000</ifrs-full:Revenue>
    <ifrs-full:Revenue contextRef="From2019-01-01to2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">163048000</ifrs-full:Revenue>
    <ifrs-full:DescriptionOfTypesOfProductsAndServicesFromWhichEachReportableSegmentDerivesItsRevenues contextRef="From2020-01-01to2020-12-31">(i) the production and sale of steel, cement and iron ore, (ii) the provision of maritime freight services, in the case of iron ore export sales, and rail and port logistics services and (iii) sales of energy.</ifrs-full:DescriptionOfTypesOfProductsAndServicesFromWhichEachReportableSegmentDerivesItsRevenues>
    <ifrs-full:DescriptionOfBasisOfAccountingForTransactionsBetweenReportableSegments contextRef="From2020-01-01to2020-12-31">1.       Identification of the contract for sale of goods or provision of services;    2.       Identification of the performance obligations;    3.       Determination of the contract value;    4.       Determination of the value allocated to each performance obligation included in the contract; and    5.       Revenue recognition over time or at the time the performance obligations are completed.</ifrs-full:DescriptionOfBasisOfAccountingForTransactionsBetweenReportableSegments>
    <sid:DescriptionOfPaymentTerms contextRef="From2020-01-01to2020-12-31">All sales of goods and provisions of services are payable within 30 days of the invoice date.</sid:DescriptionOfPaymentTerms>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">21633776000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">20117134000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">18863368000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2019-01-01to2019-12-31_custom_RawMaterialsAndInputsMember" unitRef="BRL" decimals="-3">7287933000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2018-01-01to2018-12-31_custom_RawMaterialsAndInputsMember1158782337" unitRef="BRL" decimals="-3">6759275000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2020-01-01to2020-12-31_custom_RawMaterialsAndInputsMember1158782368" unitRef="BRL" decimals="-3">6928517000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2019-01-01to2019-12-31_custom_LaborCostMember" unitRef="BRL" decimals="-3">2807280000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2018-01-01to2018-12-31_custom_LaborCostMember1158932628" unitRef="BRL" decimals="-3">2743460000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2020-01-01to2020-12-31_custom_LaborCostMember1158932659" unitRef="BRL" decimals="-3">3187428000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2019-01-01to2019-12-31_custom_SuppliesMember" unitRef="BRL" decimals="-3">1981547000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2018-01-01to2018-12-31_custom_SuppliesMember1158970677" unitRef="BRL" decimals="-3">1782576000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2020-01-01to2020-12-31_custom_SuppliesMember1158970708" unitRef="BRL" decimals="-3">2150452000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2019-01-01to2019-12-31_custom_MaintenanceCostServicesAndMaterialsMember" unitRef="BRL" decimals="-3">1340135000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2018-01-01to2018-12-31_custom_MaintenanceCostServicesAndMaterialsMember1160964604" unitRef="BRL" decimals="-3">1326894000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2020-01-01to2020-12-31_custom_MaintenanceCostServicesAndMaterialsMember1160964651" unitRef="BRL" decimals="-3">1340255000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2019-01-01to2019-12-31_custom_OutsourcingServicesMember" unitRef="BRL" decimals="-3">2392626000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2018-01-01to2018-12-31_custom_OutsourcingServicesMember1161003885" unitRef="BRL" decimals="-3">2368387000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2020-01-01to2020-12-31_custom_OutsourcingServicesMember1161003932" unitRef="BRL" decimals="-3">2217657000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2019-01-01to2019-12-31_custom_FreightsMember" unitRef="BRL" decimals="-3">334509000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2018-01-01to2018-12-31_custom_FreightsMember" unitRef="BRL" decimals="-3">109756000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2020-01-01to2020-12-31_custom_FreightsMember" unitRef="BRL" decimals="-3">216506000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2019-01-01to2019-12-31_custom_DistributionFreightsMember" unitRef="BRL" decimals="-3">1787979000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2018-01-01to2018-12-31_custom_DistributionFreightsMember" unitRef="BRL" decimals="-3">1692785000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2020-01-01to2020-12-31_custom_DistributionFreightsMember" unitRef="BRL" decimals="-3">1421079000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2019-01-01to2019-12-31_custom_DepreciationAmortizationAndDepletionMember" unitRef="BRL" decimals="-3">1421704000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2018-01-01to2018-12-31_custom_DepreciationAmortizationAndDepletionMember1161156095" unitRef="BRL" decimals="-3">1175107000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2020-01-01to2020-12-31_custom_DepreciationAmortizationAndDepletionMember1161156173" unitRef="BRL" decimals="-3">2421458000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2019-01-01to2019-12-31_custom_OthersOneMember" unitRef="BRL" decimals="-3">763421000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2018-01-01to2018-12-31_custom_OthersOneMember" unitRef="BRL" decimals="-3">905128000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:OperatingExpenseExcludingCostOfSales contextRef="From2020-01-01to2020-12-31_custom_OthersOneMember" unitRef="BRL" decimals="-3">1750424000</ifrs-full:OperatingExpenseExcludingCostOfSales>
    <ifrs-full:CostOfSales contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">19124901000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">17263264000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">16105657000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2019-01-01to2019-12-31_custom_DepreciationAmortizationAndDepletionMember1162301688" unitRef="BRL" id="Foot-47-0" decimals="-3">-1385306000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2018-01-01to2018-12-31_custom_DepreciationAmortizationAndDepletionMember" unitRef="BRL" id="Foot-47-1" decimals="-3">1145793000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2020-01-01to2020-12-31_custom_DepreciationAmortizationAndDepletionMember" unitRef="BRL" id="Foot-47-2" decimals="-3">-2374046000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2019-01-01to2019-12-31_custom_SteelMember" unitRef="BRL" decimals="-3">12962861000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2019-01-01to2019-12-31_custom_MiningMember1132393847" unitRef="BRL" decimals="-3">4396247000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2019-01-01to2019-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" decimals="-3">173344000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2019-01-01to2019-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" decimals="-3">1030210000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2019-01-01to2019-12-31_custom_EnergyMember" unitRef="BRL" decimals="-3">266754000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2019-01-01to2019-12-31_custom_CementMember1132393957" unitRef="BRL" decimals="-3">607719000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2019-01-01to2019-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">-2173871000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2018-01-01to2018-12-31_custom_SteelMember" unitRef="BRL" decimals="-3">12613216000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2018-01-01to2018-12-31_custom_MiningMember" unitRef="BRL" decimals="-3">3585691000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2018-01-01to2018-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" decimals="-3">189999000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2018-01-01to2018-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" decimals="-3">1049071000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2018-01-01to2018-12-31_custom_EnergyMember" unitRef="BRL" decimals="-3">286734000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2018-01-01to2018-12-31_custom_CementMember" unitRef="BRL" decimals="-3">544266000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2018-01-01to2018-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">-2163321000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2020-01-01to2020-12-31_custom_SteelMember" unitRef="BRL" decimals="-3">14170692000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2020-01-01to2020-12-31_custom_MiningMember972376165" unitRef="BRL" decimals="-3">5531763000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" decimals="-3">187860000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" decimals="-3">1094130000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2020-01-01to2020-12-31_custom_EnergyMember" unitRef="BRL" decimals="-3">128227000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2020-01-01to2020-12-31_custom_CementMember972376196" unitRef="BRL" decimals="-3">647132000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2020-01-01to2020-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">-2634903000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2020-01-01to2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">-2521991000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2020-01-01to2020-12-31_custom_EquimacSAMember" unitRef="BRL" decimals="-3">-2386000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2019-01-01to2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">-2382828000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2020-01-01to2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">-74048000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2019-01-01to2019-12-31_custom_CBSIMember" unitRef="BRL" decimals="-3">-233830000</ifrs-full:CostOfSales>
    <ifrs-full:CostOfSales contextRef="From2019-01-01to2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">-83129000</ifrs-full:CostOfSales>
    <ifrs-full:SalesAndMarketingExpense contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">2004417000</ifrs-full:SalesAndMarketingExpense>
    <ifrs-full:SalesAndMarketingExpense contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">2342805000</ifrs-full:SalesAndMarketingExpense>
    <ifrs-full:SalesAndMarketingExpense contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">2263688000</ifrs-full:SalesAndMarketingExpense>
    <ifrs-full:SalesAndMarketingExpense contextRef="From2019-01-01to2019-12-31_custom_DepreciationAmortizationAndDepletionMember1162301688" unitRef="BRL" decimals="-3">-11539000</ifrs-full:SalesAndMarketingExpense>
    <ifrs-full:SalesAndMarketingExpense contextRef="From2018-01-01to2018-12-31_custom_DepreciationAmortizationAndDepletionMember" unitRef="BRL" decimals="-3">5850000</ifrs-full:SalesAndMarketingExpense>
    <ifrs-full:SalesAndMarketingExpense contextRef="From2020-01-01to2020-12-31_custom_DepreciationAmortizationAndDepletionMember" unitRef="BRL" decimals="-3">-13978000</ifrs-full:SalesAndMarketingExpense>
    <ifrs-full:AdministrativeExpense contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">504458000</ifrs-full:AdministrativeExpense>
    <ifrs-full:AdministrativeExpense contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">511065000</ifrs-full:AdministrativeExpense>
    <ifrs-full:AdministrativeExpense contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">494023000</ifrs-full:AdministrativeExpense>
    <ifrs-full:AdministrativeExpense contextRef="From2019-01-01to2019-12-31_custom_DepreciationAmortizationAndDepletionMember1162301688" unitRef="BRL" decimals="-3">-24859000</ifrs-full:AdministrativeExpense>
    <ifrs-full:AdministrativeExpense contextRef="From2018-01-01to2018-12-31_custom_DepreciationAmortizationAndDepletionMember" unitRef="BRL" decimals="-3">23464000</ifrs-full:AdministrativeExpense>
    <ifrs-full:AdministrativeExpense contextRef="From2020-01-01to2020-12-31_custom_DepreciationAmortizationAndDepletionMember" unitRef="BRL" decimals="-3">-33434000</ifrs-full:AdministrativeExpense>
    <sid:MiscellaneousOtherOperatingExpense1 contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-21633776000</sid:MiscellaneousOtherOperatingExpense1>
    <sid:MiscellaneousOtherOperatingExpense1 contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-20117134000</sid:MiscellaneousOtherOperatingExpense1>
    <sid:MiscellaneousOtherOperatingExpense1 contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-18863368000</sid:MiscellaneousOtherOperatingExpense1>
    <ifrs-full:OperatingExpense contextRef="From2019-01-01to2019-12-31_custom_DepreciationAmortizationAndDepletionMember1162301688" unitRef="BRL" decimals="-3">-1421704000</ifrs-full:OperatingExpense>
    <ifrs-full:OperatingExpense contextRef="From2018-01-01to2018-12-31_custom_DepreciationAmortizationAndDepletionMember" unitRef="BRL" decimals="-3">1175107000</ifrs-full:OperatingExpense>
    <ifrs-full:OperatingExpense contextRef="From2020-01-01to2020-12-31_custom_DepreciationAmortizationAndDepletionMember" unitRef="BRL" decimals="-3">-2421458000</ifrs-full:OperatingExpense>
    <ifrs-full:OperatingExpense contextRef="From2020-01-01to2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">-105267000</ifrs-full:OperatingExpense>
    <ifrs-full:OperatingExpense contextRef="From2020-01-01to2020-12-31_custom_TransnordestinaLogisticaSAMember979495614" unitRef="BRL" decimals="-3">-42108000</ifrs-full:OperatingExpense>
    <ifrs-full:OperatingExpense contextRef="From2020-01-01to2020-12-31_custom_EquimacSAMember" unitRef="BRL" decimals="-3">-576000</ifrs-full:OperatingExpense>
    <ifrs-full:OperatingExpense contextRef="From2019-01-01to2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">207840000</ifrs-full:OperatingExpense>
    <ifrs-full:OperatingExpense contextRef="From2019-01-01to2019-12-31_custom_TransnordestinaLogisticaSAMember" unitRef="BRL" decimals="-3">-18077000</ifrs-full:OperatingExpense>
    <ifrs-full:OperatingExpense contextRef="From2020-01-01to2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">-67885000</ifrs-full:OperatingExpense>
    <ifrs-full:OperatingExpense contextRef="From2019-01-01to2019-12-31_custom_CBSIMember" unitRef="BRL" decimals="-3">-12328000</ifrs-full:OperatingExpense>
    <ifrs-full:OperatingExpense contextRef="From2019-01-01to2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">-62660000</ifrs-full:OperatingExpense>
    <ifrs-full:MiscellaneousOtherOperatingExpense contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">3270056000</ifrs-full:MiscellaneousOtherOperatingExpense>
    <ifrs-full:MiscellaneousOtherOperatingExpense contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">2406851000</ifrs-full:MiscellaneousOtherOperatingExpense>
    <ifrs-full:MiscellaneousOtherOperatingExpense contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">1330706000</ifrs-full:MiscellaneousOtherOperatingExpense>
    <ifrs-full:MiscellaneousOtherOperatingExpense contextRef="From2019-01-01to2019-12-31_custom_DepreciationAmortizationAndDepletionMember1162301688" unitRef="BRL" decimals="-3">-1519331000</ifrs-full:MiscellaneousOtherOperatingExpense>
    <ifrs-full:MiscellaneousOtherOperatingExpense contextRef="From2018-01-01to2018-12-31_custom_DepreciationAmortizationAndDepletionMember" unitRef="BRL" decimals="-3">1273021000</ifrs-full:MiscellaneousOtherOperatingExpense>
    <ifrs-full:MiscellaneousOtherOperatingExpense contextRef="From2020-01-01to2020-12-31_custom_DepreciationAmortizationAndDepletionMember" unitRef="BRL" decimals="-3">-2516728000</ifrs-full:MiscellaneousOtherOperatingExpense>
    <sid:PercentageOfProductionProcess contextRef="From2020-01-01to2020-12-31_custom_IronOreMember" unitRef="Pure" decimals="INF">1.00</sid:PercentageOfProductionProcess>
    <sid:BookBalanceOfAssets contextRef="From2020-01-01to2020-12-31_custom_IronOreMember" unitRef="BRL" decimals="-3">515491000</sid:BookBalanceOfAssets>
    <sid:CostOfProduction contextRef="From2020-01-01to2020-12-31_custom_IronOreMember_custom_LeaseAgreementMember" unitRef="BRL" decimals="-3">5335000</sid:CostOfProduction>
    <sid:Indemnities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" id="Foot-48-0" decimals="-3">245945000</sid:Indemnities>
    <sid:Indemnities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" id="Foot-48-1" decimals="-3">56180000</sid:Indemnities>
    <sid:Indemnities contextRef="From2018-01-01to2018-12-31" unitRef="BRL" id="Foot-48-2" decimals="-3">46256000</sid:Indemnities>
    <sid:RentalsAndLeases contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">9096000</sid:RentalsAndLeases>
    <sid:RentalsAndLeases contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">9462000</sid:RentalsAndLeases>
    <sid:RentalsAndLeases contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">5430000</sid:RentalsAndLeases>
    <sid:DividendsReceived1 contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1197000</sid:DividendsReceived1>
    <sid:DividendsReceived1 contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">32747000</sid:DividendsReceived1>
    <sid:DividendsReceived1 contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">9188000</sid:DividendsReceived1>
    <sid:PisAndCofinsToCompensate contextRef="From2020-01-01to2020-12-31" unitRef="BRL" id="Foot-49-0" decimals="-3">120452000</sid:PisAndCofinsToCompensate>
    <sid:PisAndCofinsToCompensate contextRef="From2019-01-01to2019-12-31" unitRef="BRL" id="Foot-49-1" decimals="-3">123677000</sid:PisAndCofinsToCompensate>
    <sid:PisAndCofinsToCompensate contextRef="From2018-01-01to2018-12-31" unitRef="BRL" id="Foot-49-2" decimals="-3">1102365000</sid:PisAndCofinsToCompensate>
    <sid:ContractualFines contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">4783000</sid:ContractualFines>
    <sid:ContractualFines contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">4486000</sid:ContractualFines>
    <sid:ContractualFines contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">3965000</sid:ContractualFines>
    <sid:ActuarialPensionPlan contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">55695000</sid:ActuarialPensionPlan>
    <sid:ActuarialPensionPlan contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">47151000</sid:ActuarialPensionPlan>
    <sid:ActuarialPensionPlan contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">20983000</sid:ActuarialPensionPlan>
    <sid:UpdatedSharesFairValueThroughProfitOrLossOne contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">12579000</sid:UpdatedSharesFairValueThroughProfitOrLossOne>
    <sid:UpdatedSharesFairValueThroughProfitOrLossOne contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">1655813000</sid:UpdatedSharesFairValueThroughProfitOrLossOne>
    <sid:ContractualAgreement contextRef="From2019-01-01to2019-12-31" unitRef="BRL" id="Foot-50-0" decimals="-3">131817000</sid:ContractualAgreement>
    <sid:OtherRevenues contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">32747000</sid:OtherRevenues>
    <sid:OtherRevenues contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">98250000</sid:OtherRevenues>
    <sid:OtherRevenues contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">27749000</sid:OtherRevenues>
    <ifrs-full:MiscellaneousOtherOperatingIncome contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">482494000</ifrs-full:MiscellaneousOtherOperatingIncome>
    <ifrs-full:MiscellaneousOtherOperatingIncome contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">503770000</ifrs-full:MiscellaneousOtherOperatingIncome>
    <ifrs-full:MiscellaneousOtherOperatingIncome contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">4036043000</ifrs-full:MiscellaneousOtherOperatingIncome>
    <sid:TaxesAndFees contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">46338000</sid:TaxesAndFees>
    <sid:TaxesAndFees contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">95873000</sid:TaxesAndFees>
    <sid:TaxesAndFees contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">26197000</sid:TaxesAndFees>
    <sid:ExpensesWithEnvironmentalLiabilitiesNet contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-16151000</sid:ExpensesWithEnvironmentalLiabilitiesNet>
    <sid:ExpensesWithEnvironmentalLiabilitiesNet contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">82669000</sid:ExpensesWithEnvironmentalLiabilitiesNet>
    <sid:ExpensesWithEnvironmentalLiabilitiesNet contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">60311000</sid:ExpensesWithEnvironmentalLiabilitiesNet>
    <sid:WriteoffprovisionOfJudicialDeposits contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">130869000</sid:WriteoffprovisionOfJudicialDeposits>
    <sid:WriteoffprovisionOfJudicialDeposits contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">19685000</sid:WriteoffprovisionOfJudicialDeposits>
    <sid:WriteoffprovisionOfJudicialDeposits contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">113549000</sid:WriteoffprovisionOfJudicialDeposits>
    <sid:ContractualFinesOne contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">106926000</sid:ContractualFinesOne>
    <sid:ContractualFinesOne contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">104086000</sid:ContractualFinesOne>
    <sid:DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22 contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">95270000</sid:DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22>
    <sid:DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22 contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">97627000</sid:DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22>
    <sid:DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22 contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">97914000</sid:DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22>
    <sid:WriteOffOfPpeAndIntangibleAssets contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">13130000</sid:WriteOffOfPpeAndIntangibleAssets>
    <sid:WriteOffOfPpeAndIntangibleAssets contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">114603000</sid:WriteOffOfPpeAndIntangibleAssets>
    <sid:WriteOffOfPpeAndIntangibleAssets contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">27260000</sid:WriteOffOfPpeAndIntangibleAssets>
    <sid:EstimatedLossreversalInInventories contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">179012000</sid:EstimatedLossreversalInInventories>
    <sid:EstimatedLossreversalInInventories contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">136827000</sid:EstimatedLossreversalInInventories>
    <sid:EstimatedLossreversalInInventories contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">149704000</sid:EstimatedLossreversalInInventories>
    <sid:IdlenessInStocksAndParalyzedEquipment contextRef="From2020-01-01to2020-12-31" unitRef="BRL" id="Foot-51-0" decimals="-3">303975000</sid:IdlenessInStocksAndParalyzedEquipment>
    <sid:IdlenessInStocksAndParalyzedEquipment contextRef="From2019-01-01to2019-12-31" unitRef="BRL" id="Foot-51-1" decimals="-3">546968000</sid:IdlenessInStocksAndParalyzedEquipment>
    <sid:StudiesAndProjectEngineeringExpenses contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">27137000</sid:StudiesAndProjectEngineeringExpenses>
    <sid:StudiesAndProjectEngineeringExpenses contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">26171000</sid:StudiesAndProjectEngineeringExpenses>
    <sid:StudiesAndProjectEngineeringExpenses contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">33738000</sid:StudiesAndProjectEngineeringExpenses>
    <sid:ResearchAndDevelopmentExpenses contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">620000</sid:ResearchAndDevelopmentExpenses>
    <sid:ResearchAndDevelopmentExpenses contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1741000</sid:ResearchAndDevelopmentExpenses>
    <sid:ResearchAndDevelopmentExpenses contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">2688000</sid:ResearchAndDevelopmentExpenses>
    <sid:HealthcarePlanExpenses contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">117193000</sid:HealthcarePlanExpenses>
    <sid:HealthcarePlanExpenses contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">119560000</sid:HealthcarePlanExpenses>
    <sid:HealthcarePlanExpenses contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">108369000</sid:HealthcarePlanExpenses>
    <sid:CashFlowHedgeRealized contextRef="From2020-01-01to2020-12-31" unitRef="BRL" id="Foot-52-0" decimals="-3">1951035000</sid:CashFlowHedgeRealized>
    <sid:CashFlowHedgeRealized contextRef="From2019-01-01to2019-12-31" unitRef="BRL" id="Foot-52-1" decimals="-3">790353000</sid:CashFlowHedgeRealized>
    <sid:CashFlowHedgeRealized contextRef="From2018-01-01to2018-12-31" unitRef="BRL" id="Foot-52-2" decimals="-3">370191000</sid:CashFlowHedgeRealized>
    <sid:UpdatedSharesFairValueThroughProfitOrLoss contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">118780000</sid:UpdatedSharesFairValueThroughProfitOrLoss>
    <sid:OtherExpensesOne contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">421628000</sid:OtherExpensesOne>
    <sid:OtherExpensesOne contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">149068000</sid:OtherExpensesOne>
    <sid:OtherExpensesOne contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">218701000</sid:OtherExpensesOne>
    <sid:OtherOperatingIncomeExpense1 contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-2787562000</sid:OtherOperatingIncomeExpense1>
    <sid:OtherOperatingIncomeExpense1 contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-1903081000</sid:OtherOperatingIncomeExpense1>
    <sid:OtherOperatingIncomeExpense1 contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">2705337000</sid:OtherOperatingIncomeExpense1>
    <sid:ReceivablesByIndemnity contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">517183000</sid:ReceivablesByIndemnity>
    <sid:ReceivablesByIndemnity contextRef="From2019-01-01to2019-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:ReceivablesByIndemnity contextRef="From2018-01-01to2018-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:ReceivablesByIndemnity contextRef="From2020-06-29to2020-06-30" unitRef="BRL" decimals="-3">84435000</sid:ReceivablesByIndemnity>
    <sid:RentArrears contextRef="From2020-06-29to2020-06-30" unitRef="BRL" decimals="-3">58785000</sid:RentArrears>
    <sid:CollectionOfInsuranceForMaterialDamage contextRef="From2020-06-29to2020-06-30" unitRef="BRL" decimals="-3">25650000</sid:CollectionOfInsuranceForMaterialDamage>
    <sid:PrincipalAmountReceivablesForIndemnity contextRef="From2020-06-29to2020-06-30" unitRef="BRL" decimals="-3">147612000</sid:PrincipalAmountReceivablesForIndemnity>
    <sid:CashFlowHedgeOfPlattsIndex contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">283149000</sid:CashFlowHedgeOfPlattsIndex>
    <sid:RelatedParties contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">51124000</sid:RelatedParties>
    <sid:RelatedParties contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">79228000</sid:RelatedParties>
    <sid:RelatedParties contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">64888000</sid:RelatedParties>
    <sid:IncomeFromFinancialInvestments contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">58061000</sid:IncomeFromFinancialInvestments>
    <sid:IncomeFromFinancialInvestments contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">93471000</sid:IncomeFromFinancialInvestments>
    <sid:IncomeFromFinancialInvestments contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">111235000</sid:IncomeFromFinancialInvestments>
    <sid:UpdatedSharesFairValueThroughProfitOrLos contextRef="From2020-01-01to2020-12-31" unitRef="BRL" id="Foot-53-0" decimals="-3">1190489000</sid:UpdatedSharesFairValueThroughProfitOrLos>
    <sid:UpdatedSharesFairValueThroughProfitOrLos contextRef="From2019-01-01to2019-12-31" unitRef="BRL" id="Foot-53-1" xsi:nil="true" />
    <sid:UpdatedSharesFairValueThroughProfitOrLos contextRef="From2018-01-01to2018-12-31" unitRef="BRL" id="Foot-53-2" xsi:nil="true" />
    <ifrs-full:OtherIncome contextRef="From2020-01-01to2020-12-31" unitRef="BRL" id="Foot-54-0" decimals="-3">503054000</ifrs-full:OtherIncome>
    <ifrs-full:OtherIncome contextRef="From2019-01-01to2019-12-31" unitRef="BRL" id="Foot-54-1" decimals="-3">206343000</ifrs-full:OtherIncome>
    <ifrs-full:OtherIncome contextRef="From2018-01-01to2018-12-31" unitRef="BRL" id="Foot-54-2" decimals="-3">1134391000</ifrs-full:OtherIncome>
    <ifrs-full:FinanceIncome contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1802728000</ifrs-full:FinanceIncome>
    <ifrs-full:FinanceIncome contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">379042000</ifrs-full:FinanceIncome>
    <ifrs-full:FinanceIncome contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">1310514000</ifrs-full:FinanceIncome>
    <sid:BorrowingsAndFinancingForeignCurrency contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1600973000</sid:BorrowingsAndFinancingForeignCurrency>
    <sid:BorrowingsAndFinancingForeignCurrency contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1128520000</sid:BorrowingsAndFinancingForeignCurrency>
    <sid:BorrowingsAndFinancingForeignCurrency contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">988821000</sid:BorrowingsAndFinancingForeignCurrency>
    <sid:BorrowingsAndFinancingLocalCurrency contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">401079000</sid:BorrowingsAndFinancingLocalCurrency>
    <sid:BorrowingsAndFinancingLocalCurrency contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">867785000</sid:BorrowingsAndFinancingLocalCurrency>
    <sid:BorrowingsAndFinancingLocalCurrency contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">1020867000</sid:BorrowingsAndFinancingLocalCurrency>
    <sid:RelatedPartiesOne contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">13608000</sid:RelatedPartiesOne>
    <sid:RelatedPartiesOne contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">14939000</sid:RelatedPartiesOne>
    <sid:RelatedPartiesOne contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">16092000</sid:RelatedPartiesOne>
    <sid:Leases contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">50804000</sid:Leases>
    <sid:Leases contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">49118000</sid:Leases>
    <sid:Leases contextRef="From2018-01-01to2018-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:CapitalizedInterest contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-92506000</sid:CapitalizedInterest>
    <sid:CapitalizedInterest contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-117189000</sid:CapitalizedInterest>
    <sid:CapitalizedInterest contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-71611000</sid:CapitalizedInterest>
    <sid:InterestFinesAndLatePaymentCharges contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">290673000</sid:InterestFinesAndLatePaymentCharges>
    <sid:InterestFinesAndLatePaymentCharges contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">158794000</sid:InterestFinesAndLatePaymentCharges>
    <sid:InterestFinesAndLatePaymentCharges contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">71100000</sid:InterestFinesAndLatePaymentCharges>
    <sid:AdjustmentPresentValueOfTradePayables contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">139566000</sid:AdjustmentPresentValueOfTradePayables>
    <sid:AdjustmentPresentValueOfTradePayables contextRef="From2019-01-01to2019-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:AdjustmentPresentValueOfTradePayables contextRef="From2018-01-01to2018-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:CommissionAndBankFees contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">162085000</sid:CommissionAndBankFees>
    <sid:CommissionAndBankFees contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">217784000</sid:CommissionAndBankFees>
    <sid:CommissionAndBankFees contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">182179000</sid:CommissionAndBankFees>
    <sid:PiscofinsOverFinancialIncome contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">39149000</sid:PiscofinsOverFinancialIncome>
    <sid:PiscofinsOverFinancialIncome contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">25176000</sid:PiscofinsOverFinancialIncome>
    <sid:PiscofinsOverFinancialIncome contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">84404000</sid:PiscofinsOverFinancialIncome>
    <sid:OtherFinancialExpenses contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">270764000</sid:OtherFinancialExpenses>
    <sid:OtherFinancialExpenses contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">217864000</sid:OtherFinancialExpenses>
    <sid:OtherFinancialExpenses contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-19614000</sid:OtherFinancialExpenses>
    <sid:FinanceCosts1 contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">2876195000</sid:FinanceCosts1>
    <sid:FinanceCosts1 contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">2562791000</sid:FinanceCosts1>
    <sid:FinanceCosts1 contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">2272238000</sid:FinanceCosts1>
    <sid:ForeignExchangeAndMonetaryVariationNet contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">392971000</sid:ForeignExchangeAndMonetaryVariationNet>
    <sid:ForeignExchangeAndMonetaryVariationNet contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">47579000</sid:ForeignExchangeAndMonetaryVariationNet>
    <sid:ForeignExchangeAndMonetaryVariationNet contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-533918000</sid:ForeignExchangeAndMonetaryVariationNet>
    <ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-115815000</ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives>
    <ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">4986000</ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives>
    <ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-1000</ifrs-full:GainsLossesOnChangeInFairValueOfDerivatives>
    <sid:OthersFinancial contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">277156000</sid:OthersFinancial>
    <sid:OthersFinancial contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">52565000</sid:OthersFinancial>
    <sid:OthersFinancial contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-533919000</sid:OthersFinancial>
    <sid:FinancialIncomeExpenses contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-2599039000</sid:FinancialIncomeExpenses>
    <sid:FinancialIncomeExpenses contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-2510226000</sid:FinancialIncomeExpenses>
    <sid:FinancialIncomeExpensesNet contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-796311000</sid:FinancialIncomeExpensesNet>
    <sid:FinancialIncomeExpensesNet contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-2131184000</sid:FinancialIncomeExpensesNet>
    <sid:FinancialIncomeExpensesNet contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-1495643000</sid:FinancialIncomeExpensesNet>
    <sid:FinancialIncomeExpensesNet contextRef="From2020-01-01to2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">-330756000</sid:FinancialIncomeExpensesNet>
    <sid:FinancialIncomeExpensesNet contextRef="From2020-01-01to2020-12-31_custom_TransnordestinaLogisticaSAMember979495614" unitRef="BRL" decimals="-3">-19186000</sid:FinancialIncomeExpensesNet>
    <sid:FinancialIncomeExpensesNet contextRef="From2020-01-01to2020-12-31_custom_EquimacSAMember" unitRef="BRL" decimals="-3">-4000</sid:FinancialIncomeExpensesNet>
    <sid:FinancialIncomeExpensesNet contextRef="From2019-01-01to2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">-268089000</sid:FinancialIncomeExpensesNet>
    <sid:FinancialIncomeExpensesNet contextRef="From2019-01-01to2019-12-31_custom_TransnordestinaLogisticaSAMember" unitRef="BRL" decimals="-3">-18386000</sid:FinancialIncomeExpensesNet>
    <sid:FinancialIncomeExpensesNet contextRef="From2020-01-01to2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">-764000</sid:FinancialIncomeExpensesNet>
    <sid:FinancialIncomeExpensesNet contextRef="From2019-01-01to2019-12-31_custom_CBSIMember" unitRef="BRL" decimals="-3">-1460000</sid:FinancialIncomeExpensesNet>
    <sid:FinancialIncomeExpensesNet contextRef="From2019-01-01to2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">1183000</sid:FinancialIncomeExpensesNet>
    <sid:DollarToEuroSwap contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-9070000</sid:DollarToEuroSwap>
    <sid:DollarToEuroSwap contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">783000</sid:DollarToEuroSwap>
    <sid:DollarToEuroSwap contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-1000</sid:DollarToEuroSwap>
    <sid:ExchangeRateSwapGbpEuro contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-602000</sid:ExchangeRateSwapGbpEuro>
    <sid:CdiXDollarSwap contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-106143000</sid:CdiXDollarSwap>
    <sid:CdiXDollarSwap contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">4203000</sid:CdiXDollarSwap>
    <sid:TotalFutureDi contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-115815000</sid:TotalFutureDi>
    <sid:TotalFutureDi contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">4986000</sid:TotalFutureDi>
    <sid:TotalFutureDi contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-1000</sid:TotalFutureDi>
    <sid:RecognitionOfExclusionOfIcmsInPisAndCofins contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">81758000</sid:RecognitionOfExclusionOfIcmsInPisAndCofins>
    <sid:RecognitionOfExclusionOfIcmsInPisAndCofins contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">160609000</sid:RecognitionOfExclusionOfIcmsInPisAndCofins>
    <sid:ReceivablesForIndemnity contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">369571000</sid:ReceivablesForIndemnity>
    <ifrs-full:GrossProfit contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">10939119000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">8173153000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">6863228000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2019-01-01to2019-12-31_custom_SteelMember" unitRef="BRL" decimals="-3">986171000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2019-01-01to2019-12-31_custom_MiningMember1132393847" unitRef="BRL" decimals="-3">5631402000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2019-01-01to2019-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" decimals="-3">67107000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2019-01-01to2019-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" decimals="-3">291145000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2019-01-01to2019-12-31_custom_EnergyMember" unitRef="BRL" decimals="-3">58589000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2019-01-01to2019-12-31_custom_CementMember1132393957" unitRef="BRL" decimals="-3">-36914000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2019-01-01to2019-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">1175653000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2018-01-01to2018-12-31_custom_SteelMember" unitRef="BRL" decimals="-3">3020927000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2018-01-01to2018-12-31_custom_MiningMember" unitRef="BRL" decimals="-3">2399091000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2018-01-01to2018-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" decimals="-3">76378000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2018-01-01to2018-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" decimals="-3">457043000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2018-01-01to2018-12-31_custom_EnergyMember" unitRef="BRL" decimals="-3">123872000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2018-01-01to2018-12-31_custom_CementMember" unitRef="BRL" decimals="-3">43965000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2018-01-01to2018-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">741956000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2020-01-01to2020-12-31_custom_SteelMember" unitRef="BRL" decimals="-3">2432203000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2020-01-01to2020-12-31_custom_MiningMember972376165" unitRef="BRL" decimals="-3">7151468000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" decimals="-3">68511000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" decimals="-3">395517000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2020-01-01to2020-12-31_custom_EnergyMember" unitRef="BRL" decimals="-3">44632000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2020-01-01to2020-12-31_custom_CementMember972376196" unitRef="BRL" decimals="-3">211060000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2020-01-01to2020-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">635728000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2020-01-01to2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">1082974000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2020-01-01to2020-12-31_custom_TransnordestinaLogisticaSAMember979495614" unitRef="BRL" decimals="-3">35000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2020-01-01to2020-12-31_custom_EquimacSAMember" unitRef="BRL" decimals="-3">-78000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2019-01-01to2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">817981000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2020-01-01to2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">99378000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2019-01-01to2019-12-31_custom_CBSIMember" unitRef="BRL" decimals="-3">33606000</ifrs-full:GrossProfit>
    <ifrs-full:GrossProfit contextRef="From2019-01-01to2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">79919000</ifrs-full:GrossProfit>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-2508875000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-2853870000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-2757711000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2019-01-01to2019-12-31_custom_SteelMember" unitRef="BRL" decimals="-3">-834977000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2019-01-01to2019-12-31_custom_MiningMember1132393847" unitRef="BRL" decimals="-3">-186189000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2019-01-01to2019-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" decimals="-3">-34560000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2019-01-01to2019-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" decimals="-3">-109770000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2019-01-01to2019-12-31_custom_EnergyMember" unitRef="BRL" decimals="-3">-29034000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2019-01-01to2019-12-31_custom_CementMember1132393957" unitRef="BRL" decimals="-3">-91466000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2019-01-01to2019-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">-1567874000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2018-01-01to2018-12-31_custom_SteelMember" unitRef="BRL" decimals="-3">-984980000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2018-01-01to2018-12-31_custom_MiningMember" unitRef="BRL" decimals="-3">-144754000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2018-01-01to2018-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" decimals="-3">-35423000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2018-01-01to2018-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" decimals="-3">-106412000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2018-01-01to2018-12-31_custom_EnergyMember" unitRef="BRL" decimals="-3">-27948000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2018-01-01to2018-12-31_custom_CementMember" unitRef="BRL" decimals="-3">-95893000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2018-01-01to2018-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">-1362302000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2020-01-01to2020-12-31_custom_SteelMember" unitRef="BRL" decimals="-3">-922862000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2020-01-01to2020-12-31_custom_MiningMember972376165" unitRef="BRL" decimals="-3">-179806000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" decimals="-3">-21949000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" decimals="-3">-114970000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2020-01-01to2020-12-31_custom_EnergyMember" unitRef="BRL" decimals="-3">-30243000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2020-01-01to2020-12-31_custom_CementMember972376196" unitRef="BRL" decimals="-3">-88232000</ifrs-full:GeneralAndAdministrativeExpense>
    <ifrs-full:GeneralAndAdministrativeExpense contextRef="From2020-01-01to2020-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">-1150813000</ifrs-full:GeneralAndAdministrativeExpense>
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2020-01-01to2020-12-31" unitRef="BRL" id="Foot-55-0" decimals="-3">124324000</sid:EquityInResultsOfAffiliatedCompanies>
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2019-01-01to2019-12-31" unitRef="BRL" id="Foot-55-1" decimals="-3">175524000</sid:EquityInResultsOfAffiliatedCompanies>
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">135706000</sid:EquityInResultsOfAffiliatedCompanies>
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2019-01-01to2019-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">125715000</sid:EquityInResultsOfAffiliatedCompanies>
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2018-01-01to2018-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">135706000</sid:EquityInResultsOfAffiliatedCompanies>
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2020-01-01to2020-12-31_custom_SteelMember" unitRef="BRL" xsi:nil="true" />
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2020-01-01to2020-12-31_custom_MiningMember972376165" unitRef="BRL" xsi:nil="true" />
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" xsi:nil="true" />
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" xsi:nil="true" />
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2020-01-01to2020-12-31_custom_EnergyMember" unitRef="BRL" xsi:nil="true" />
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2020-01-01to2020-12-31_custom_CementMember972376196" unitRef="BRL" xsi:nil="true" />
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2020-01-01to2020-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">71755000</sid:EquityInResultsOfAffiliatedCompanies>
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2020-01-01to2020-12-31_custom_ArvediMetalferDoBrasilSAMember" unitRef="BRL" decimals="-3">-6765000</sid:EquityInResultsOfAffiliatedCompanies>
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2019-01-01to2019-12-31_custom_ArvediMetalferDoBrasilSAMember" unitRef="BRL" decimals="-3">-1682000</sid:EquityInResultsOfAffiliatedCompanies>
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2019-01-01to2019-12-31_custom_MRSLogisticaSAMember890302713" unitRef="BRL" decimals="-3">187597000</sid:EquityInResultsOfAffiliatedCompanies>
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2019-01-01to2019-12-31_custom_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember890324787" unitRef="BRL" id="Foot-56-0" decimals="-3">6695000</sid:EquityInResultsOfAffiliatedCompanies>
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2019-01-01to2019-12-31_custom_TransnordestinaLogisticaSAMember890351120" unitRef="BRL" decimals="-3">-17100000</sid:EquityInResultsOfAffiliatedCompanies>
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2019-01-01to2019-12-31_custom_OtherInvestmentMember890413755" unitRef="BRL" decimals="-3">14000</sid:EquityInResultsOfAffiliatedCompanies>
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2020-01-01to2020-12-31_custom_MRSLogisticaSAMember890448652" unitRef="BRL" decimals="-3">160370000</sid:EquityInResultsOfAffiliatedCompanies>
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2020-01-01to2020-12-31_custom_TransnordestinaLogisticaSAMember890470789" unitRef="BRL" decimals="-3">-28952000</sid:EquityInResultsOfAffiliatedCompanies>
    <sid:EquityInResultsOfAffiliatedCompanies contextRef="From2020-01-01to2020-12-31_custom_EquimacSAMember890493736" unitRef="BRL" decimals="-3">-329000</sid:EquityInResultsOfAffiliatedCompanies>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">5714437000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">3541917000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">6946560000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2019-01-01to2019-12-31_custom_SteelMember" unitRef="BRL" decimals="-3">-903996000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2019-01-01to2019-12-31_custom_MiningMember1132393847" unitRef="BRL" decimals="-3">5227204000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2019-01-01to2019-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" decimals="-3">28687000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2019-01-01to2019-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" decimals="-3">328530000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2019-01-01to2019-12-31_custom_EnergyMember" unitRef="BRL" decimals="-3">28069000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2019-01-01to2019-12-31_custom_CementMember1132393957" unitRef="BRL" decimals="-3">-169010000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2019-01-01to2019-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">-997567000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2018-01-01to2018-12-31_custom_SteelMember" unitRef="BRL" decimals="-3">4029736000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2018-01-01to2018-12-31_custom_MiningMember" unitRef="BRL" decimals="-3">2031379000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2018-01-01to2018-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" decimals="-3">38486000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2018-01-01to2018-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" decimals="-3">315721000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2018-01-01to2018-12-31_custom_EnergyMember" unitRef="BRL" decimals="-3">95537000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2018-01-01to2018-12-31_custom_CementMember" unitRef="BRL" decimals="-3">-51628000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2018-01-01to2018-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">487330000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2020-01-01to2020-12-31_custom_SteelMember" unitRef="BRL" decimals="-3">1117280000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2020-01-01to2020-12-31_custom_MiningMember972376165" unitRef="BRL" decimals="-3">6305781000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" decimals="-3">41142000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" decimals="-3">333116000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2020-01-01to2020-12-31_custom_EnergyMember" unitRef="BRL" decimals="-3">11422000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2020-01-01to2020-12-31_custom_CementMember972376196" unitRef="BRL" decimals="-3">77935000</ifrs-full:ProfitLossFromOperatingActivities>
    <ifrs-full:ProfitLossFromOperatingActivities contextRef="From2020-01-01to2020-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">-2172239000</ifrs-full:ProfitLossFromOperatingActivities>
    <sid:DescriptionOfAssets contextRef="From2020-01-01to2020-12-31_custom_EnergyMember">It&#225; Hydroelectric Plant, located in the State of Santa Catarina, with a capacity of 1,450 MW, in which CSN participates with 29.5%; Igarapava Hydroelectric Plant, located in Minas Gerais, with a capacity of 210 MW, in which CSN holds 17.9% of the capital; and 238 MW thermoelectric cogeneration plant, in operation at the Presidente Vargas Steelworks since 1999, which uses waste gas from the steel production itself as fuel.</sid:DescriptionOfAssets>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-2787562000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-1903081000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">2705335000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2019-01-01to2019-12-31_custom_SteelMember" unitRef="BRL" decimals="-3">-1055190000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2019-01-01to2019-12-31_custom_MiningMember1132393847" unitRef="BRL" decimals="-3">-218009000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2019-01-01to2019-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" decimals="-3">-3860000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2019-01-01to2019-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" decimals="-3">147155000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2019-01-01to2019-12-31_custom_EnergyMember" unitRef="BRL" decimals="-3">-1486000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2019-01-01to2019-12-31_custom_CementMember1132393957" unitRef="BRL" decimals="-3">-40630000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2019-01-01to2019-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">-731061000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2018-01-01to2018-12-31_custom_SteelMember" unitRef="BRL" decimals="-3">1993790000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2018-01-01to2018-12-31_custom_MiningMember" unitRef="BRL" decimals="-3">-222957000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2018-01-01to2018-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" decimals="-3">-2469000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2018-01-01to2018-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" decimals="-3">-34911000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2018-01-01to2018-12-31_custom_EnergyMember" unitRef="BRL" decimals="-3">-387000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2018-01-01to2018-12-31_custom_CementMember" unitRef="BRL" decimals="-3">299000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2018-01-01to2018-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">971970000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2020-01-01to2020-12-31_custom_SteelMember" unitRef="BRL" decimals="-3">-392061000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2020-01-01to2020-12-31_custom_MiningMember972376165" unitRef="BRL" decimals="-3">-665881000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_PortMember" unitRef="BRL" decimals="-3">-5420000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2020-01-01to2020-12-31_custom_LogisticsMember_custom_RailroadsMember" unitRef="BRL" decimals="-3">52569000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2020-01-01to2020-12-31_custom_EnergyMember" unitRef="BRL" decimals="-3">-2967000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2020-01-01to2020-12-31_custom_CementMember972376196" unitRef="BRL" decimals="-3">-44893000</sid:OtherOperatingIncomeExpensesNet>
    <sid:OtherOperatingIncomeExpensesNet contextRef="From2020-01-01to2020-12-31_ifrs-full_EliminationOfIntersegmentAmountsMember" unitRef="BRL" decimals="-3">-1728909000</sid:OtherOperatingIncomeExpensesNet>
    <ifrs-full:AssetsOfBenefitPlan contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">-13819000</ifrs-full:AssetsOfBenefitPlan>
    <ifrs-full:AssetsOfBenefitPlan contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">-13714000</ifrs-full:AssetsOfBenefitPlan>
    <ifrs-full:AssetsOfBenefitPlan contextRef="AsOf2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">13819000</ifrs-full:AssetsOfBenefitPlan>
    <ifrs-full:AssetsOfBenefitPlan contextRef="AsOf2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">13714000</ifrs-full:AssetsOfBenefitPlan>
    <ifrs-full:AssetsOfBenefitPlan contextRef="AsOf2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">99894000</ifrs-full:AssetsOfBenefitPlan>
    <sid:LiabilitiesOfBenefitPlan contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">758426000</sid:LiabilitiesOfBenefitPlan>
    <sid:LiabilitiesOfBenefitPlan contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">912184000</sid:LiabilitiesOfBenefitPlan>
    <sid:LiabilitiesOfBenefitPlan contextRef="AsOf2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">79546000</sid:LiabilitiesOfBenefitPlan>
    <sid:LiabilitiesOfBenefitPlan contextRef="AsOf2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">19788000</sid:LiabilitiesOfBenefitPlan>
    <sid:LiabilitiesOfBenefitPlan contextRef="AsOf2019-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">892396000</sid:LiabilitiesOfBenefitPlan>
    <sid:LiabilitiesOfBenefitPlan contextRef="AsOf2020-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">678880000</sid:LiabilitiesOfBenefitPlan>
    <sid:LiabilitiesOfBenefitPlan contextRef="AsOf2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">7982000</sid:LiabilitiesOfBenefitPlan>
    <sid:LiabilitiesOfBenefitPlan contextRef="AsOf2018-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">897137000</sid:LiabilitiesOfBenefitPlan>
    <ifrs-full:DefinedBenefitObligationAtPresentValue contextRef="AsOf2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">3645822000</ifrs-full:DefinedBenefitObligationAtPresentValue>
    <ifrs-full:DefinedBenefitObligationAtPresentValue contextRef="AsOf2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">3581460000</ifrs-full:DefinedBenefitObligationAtPresentValue>
    <ifrs-full:DefinedBenefitObligationAtPresentValue contextRef="AsOf2019-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">892396000</ifrs-full:DefinedBenefitObligationAtPresentValue>
    <ifrs-full:DefinedBenefitObligationAtPresentValue contextRef="AsOf2020-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">678880000</ifrs-full:DefinedBenefitObligationAtPresentValue>
    <ifrs-full:DefinedBenefitObligationAtPresentValue contextRef="AsOf2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">3087433000</ifrs-full:DefinedBenefitObligationAtPresentValue>
    <ifrs-full:DefinedBenefitObligationAtPresentValue contextRef="AsOf2017-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">3077849000</ifrs-full:DefinedBenefitObligationAtPresentValue>
    <sid:PlanAssetsAtFairValue1 contextRef="AsOf2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">3766194000</sid:PlanAssetsAtFairValue1>
    <sid:PlanAssetsAtFairValue1 contextRef="AsOf2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">3894488000</sid:PlanAssetsAtFairValue1>
    <sid:PlanAssetsAtFairValue1 contextRef="AsOf2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">3403906000</sid:PlanAssetsAtFairValue1>
    <ifrs-full:SurplusDeficitInPlan contextRef="AsOf2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">120372000</ifrs-full:SurplusDeficitInPlan>
    <ifrs-full:SurplusDeficitInPlan contextRef="AsOf2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">313028000</ifrs-full:SurplusDeficitInPlan>
    <ifrs-full:SurplusDeficitInPlan contextRef="AsOf2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">316473000</ifrs-full:SurplusDeficitInPlan>
    <sid:RestrictionToActuarialAssetsDueToRecoveryLimitation contextRef="AsOf2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">186099000</sid:RestrictionToActuarialAssetsDueToRecoveryLimitation>
    <sid:RestrictionToActuarialAssetsDueToRecoveryLimitation contextRef="AsOf2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">319102000</sid:RestrictionToActuarialAssetsDueToRecoveryLimitation>
    <sid:RestrictionToActuarialAssetsDueToRecoveryLimitation contextRef="AsOf2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">224561000</sid:RestrictionToActuarialAssetsDueToRecoveryLimitation>
    <ifrs-full:LiabilityAssetOfDefinedBenefitPlans contextRef="AsOf2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">65727000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
    <ifrs-full:LiabilityAssetOfDefinedBenefitPlans contextRef="AsOf2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">6074000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
    <ifrs-full:LiabilityAssetOfDefinedBenefitPlans contextRef="AsOf2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-91912000</ifrs-full:LiabilityAssetOfDefinedBenefitPlans>
    <ifrs-full:CurrentServiceCostNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">968000</ifrs-full:CurrentServiceCostNetDefinedBenefitLiabilityAsset>
    <ifrs-full:CurrentServiceCostNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">1093000</ifrs-full:CurrentServiceCostNetDefinedBenefitLiabilityAsset>
    <ifrs-full:CurrentServiceCostNetDefinedBenefitLiabilityAsset contextRef="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">1169000</ifrs-full:CurrentServiceCostNetDefinedBenefitLiabilityAsset>
    <ifrs-full:InterestExpenseIncomeNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">236551000</ifrs-full:InterestExpenseIncomeNetDefinedBenefitLiabilityAsset>
    <ifrs-full:InterestExpenseIncomeNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">283487000</ifrs-full:InterestExpenseIncomeNetDefinedBenefitLiabilityAsset>
    <ifrs-full:InterestExpenseIncomeNetDefinedBenefitLiabilityAsset contextRef="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">304132000</ifrs-full:InterestExpenseIncomeNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ContributionsToPlanNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">1998000</ifrs-full:ContributionsToPlanNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ContributionsToPlanNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">2126000</ifrs-full:ContributionsToPlanNetDefinedBenefitLiabilityAsset>
    <ifrs-full:BenefitsPaidOrPayable contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-278960000</ifrs-full:BenefitsPaidOrPayable>
    <ifrs-full:BenefitsPaidOrPayable contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-269995000</ifrs-full:BenefitsPaidOrPayable>
    <ifrs-full:BenefitsPaidOrPayable contextRef="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-280493000</ifrs-full:BenefitsPaidOrPayable>
    <ifrs-full:GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">58343000</ifrs-full:GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset>
    <ifrs-full:GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">106007000</ifrs-full:GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset>
    <ifrs-full:GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset contextRef="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-16379000</ifrs-full:GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset>
    <ifrs-full:GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember1149285121" unitRef="BRL" decimals="-3">103805000</ifrs-full:GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset>
    <ifrs-full:GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember1384715621" unitRef="BRL" decimals="-3">477316000</ifrs-full:GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset>
    <ifrs-full:GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset contextRef="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember1384714779" unitRef="BRL" decimals="-3">-15224000</ifrs-full:GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset>
    <ifrs-full:GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">-189907000</ifrs-full:GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset>
    <ifrs-full:GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">7433000</ifrs-full:GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset>
    <ifrs-full:GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset contextRef="From2018-01-01to2018-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">16237000</ifrs-full:GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">3766193000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">3894488000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2018-12-31" unitRef="BRL" decimals="-3">3403906000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-3766193000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-3894488000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-3403906000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2017-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-3305356000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2020-12-31_custom_VariableIncomeMember" unitRef="BRL" decimals="-3">54285000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2019-12-31_custom_VariableIncomeMember" unitRef="BRL" decimals="-3">25236000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2018-12-31_custom_VariableIncomeMember1389282659" unitRef="BRL" decimals="-3">141705000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2020-12-31_custom_FixedIncomeMember" unitRef="BRL" decimals="-3">3438735000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2019-12-31_custom_FixedIncomeMember" unitRef="BRL" decimals="-3">3607398000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2018-12-31_custom_FixedIncomeMember" unitRef="BRL" decimals="-3">3050099000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2020-12-31_custom_RealEstatesMember" unitRef="BRL" decimals="-3">182145000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2019-12-31_custom_RealEstatesMember" unitRef="BRL" decimals="-3">183098000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2018-12-31_custom_RealEstatesMember" unitRef="BRL" decimals="-3">52091000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2020-12-31_custom_OthersPlanAssetsMember" unitRef="BRL" decimals="-3">91028000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2019-12-31_custom_OthersPlanAssetsMember" unitRef="BRL" decimals="-3">78756000</ifrs-full:PlanAssetsAtFairValue>
    <ifrs-full:PlanAssetsAtFairValue contextRef="AsOf2018-12-31_custom_OthersPlanAssetsMember" unitRef="BRL" decimals="-3">160011000</ifrs-full:PlanAssetsAtFairValue>
    <sid:InterestIncomeNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-257946000</sid:InterestIncomeNetDefinedBenefitLiabilityAsset>
    <sid:InterestIncomeNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-314102000</sid:InterestIncomeNetDefinedBenefitLiabilityAsset>
    <sid:InterestIncomeNetDefinedBenefitLiabilityAsset contextRef="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-327830000</sid:InterestIncomeNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-1998000</ifrs-full:ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-2127000</ifrs-full:ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_ifrs-full_NotLaterThanOneYearMember" unitRef="BRL" decimals="-3">1322000</ifrs-full:ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">109279000</ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-444348000</ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset contextRef="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-51213000</ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember1149285121" unitRef="BRL" decimals="-3">109279000</ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember1384715621" unitRef="BRL" decimals="-3">-444348000</ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset contextRef="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember1384714779" unitRef="BRL" decimals="-3">-51213000</ifrs-full:ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset>
    <sid:ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-257946000</sid:ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset>
    <sid:ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-314102000</sid:ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset>
    <sid:ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset contextRef="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-327830000</sid:ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset>
    <ifrs-full:GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">21737000</ifrs-full:GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling>
    <ifrs-full:GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">21502000</ifrs-full:GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling>
    <ifrs-full:GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling contextRef="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">16340000</ifrs-full:GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling>
    <sid:IncomeExpenseFromDefinedBenefitObligation contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">1310000</sid:IncomeExpenseFromDefinedBenefitObligation>
    <sid:IncomeExpenseFromDefinedBenefitObligation contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-8020000</sid:IncomeExpenseFromDefinedBenefitObligation>
    <sid:IncomeExpenseFromDefinedBenefitObligation contextRef="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-6189000</sid:IncomeExpenseFromDefinedBenefitObligation>
    <sid:ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-154741000</sid:ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset>
    <sid:ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">73039000</sid:ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset>
    <sid:ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset contextRef="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">50058000</sid:ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset>
    <sid:ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember1149285121" unitRef="BRL" decimals="-3">-154741000</sid:ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset>
    <sid:ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember1384715621" unitRef="BRL" decimals="-3">73039000</sid:ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset>
    <sid:ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset contextRef="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember1384714779" unitRef="BRL" decimals="-3">50058000</sid:ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">67930000</ifrs-full:ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset contextRef="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-139813000</ifrs-full:ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-30454000</ifrs-full:ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">472715000</ifrs-full:ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset contextRef="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">46917000</ifrs-full:ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">66329000</ifrs-full:ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">4601000</ifrs-full:ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset>
    <ifrs-full:ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset contextRef="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">77672000</ifrs-full:ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset>
    <sid:DescriptionOfActuarialFinancingMethod contextRef="From2020-01-01to2020-12-31">Projected unit credit</sid:DescriptionOfActuarialFinancingMethod>
    <sid:DescriptionOfActuarialFinancingMethod contextRef="From2019-01-01to2019-12-31">Projected unit credit</sid:DescriptionOfActuarialFinancingMethod>
    <ifrs-full:DescriptionOfFunctionalCurrency contextRef="From2020-01-01to2020-12-31">Real (R$)</ifrs-full:DescriptionOfFunctionalCurrency>
    <ifrs-full:DescriptionOfFunctionalCurrency contextRef="From2019-01-01to2019-12-31">Real (R$)</ifrs-full:DescriptionOfFunctionalCurrency>
    <sid:DescriptionOfRecognitionOfPlanAssets contextRef="From2020-01-01to2020-12-31">Fair value</sid:DescriptionOfRecognitionOfPlanAssets>
    <sid:DescriptionOfRecognitionOfPlanAssets contextRef="From2019-01-01to2019-12-31">Fair value</sid:DescriptionOfRecognitionOfPlanAssets>
    <sid:ActuarialAssumptionOfNominalDiscountRates contextRef="From2020-01-01to2020-12-31">Millennium Plan: 6,95%  Plan 35%: 6,24%  Supplementation : 6,44%</sid:ActuarialAssumptionOfNominalDiscountRates>
    <sid:ActuarialAssumptionOfNominalDiscountRates contextRef="From2019-01-01to2019-12-31">Millennium Plan: 6,98%  Plan 35%: 6,75%  Supplementation: 6,81%</sid:ActuarialAssumptionOfNominalDiscountRates>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation contextRef="AsOf2020-12-31" unitRef="Pure" decimals="INF">0.0332</ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation contextRef="AsOf2019-12-31" unitRef="Pure" decimals="INF">0.0361</ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation contextRef="AsOf2019-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="Pure" decimals="INF">0.0361</ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation contextRef="AsOf2020-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="Pure" decimals="INF">0.0332</ifrs-full:ActuarialAssumptionOfExpectedRatesOfInflation>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases contextRef="AsOf2020-12-31" unitRef="Pure" decimals="INF">0.0435</ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases contextRef="AsOf2019-12-31" unitRef="Pure" decimals="INF">0.0465</ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases contextRef="AsOf2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember" unitRef="Pure" decimals="INF">0.35</ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases contextRef="AsOf2020-12-31_custom_AverageSalarySupplementationPlanMember" unitRef="Pure" decimals="INF">0.35</ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases contextRef="AsOf2020-12-31" unitRef="Pure" decimals="INF">0.0332</ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases>
    <ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases contextRef="AsOf2019-12-31" unitRef="Pure" decimals="INF">0.0361</ifrs-full:ActuarialAssumptionOfExpectedRatesOfPensionIncreases>
    <sid:ActuarialAssumptionOfRateOfReturnsOnInvestments contextRef="From2020-01-01to2020-12-31">Millennium Plan: 6,95%  Plan 35%: 6,24%  Supplementation : 6,44%</sid:ActuarialAssumptionOfRateOfReturnsOnInvestments>
    <sid:ActuarialAssumptionOfRateOfReturnsOnInvestments contextRef="From2019-01-01to2019-12-31">Millennium Plan: 6,98%  Plan 35%: 6,75%  Supplementation: 6,81%</sid:ActuarialAssumptionOfRateOfReturnsOnInvestments>
    <sid:GeneralMortalityTableDescription contextRef="From2020-01-01to2020-12-31">Millennium Plan: AT-2012 segregated by gender  Plan 35%: AT-2000 Male aggravated by 15%  Supplementation: AT-2000 aggravated by 10% segregated by gender</sid:GeneralMortalityTableDescription>
    <sid:GeneralMortalityTableDescription contextRef="From2019-01-01to2019-12-31">Millennium Plan: AT-2000 smoothed down by 10% segregated by gender  Plan 35%: AT-2000 Male aggravated by 15%  Supplementation: AT-2000 aggravated by 10% segregated by gender</sid:GeneralMortalityTableDescription>
    <sid:GeneralMortalityTableDescription contextRef="From2020-01-01to2020-12-31_custom_PostEmploymentHealthcareBenefitsMember">AT 2000 segregated by gender</sid:GeneralMortalityTableDescription>
    <sid:GeneralMortalityTableDescription contextRef="From2019-01-01to2019-12-31_custom_PostEmploymentHealthcareBenefitsMember">AT 2000 segregated by gender</sid:GeneralMortalityTableDescription>
    <sid:DisabilityTableDescription contextRef="From2020-01-01to2020-12-31">35% Plan Light Medium.   Millenium Plan: Prudential (-10%) Supplementation: not applicable</sid:DisabilityTableDescription>
    <sid:DisabilityTableDescription contextRef="From2019-01-01to2019-12-31">35% Plan and Supplementation: Light Medium. Millenium Plan:  Prudential (Ferr. Retirement)</sid:DisabilityTableDescription>
    <sid:DisabilityMortalityTableDescription contextRef="From2020-01-01to2020-12-31">Millenium Plan: AT-71  35% Plan : MI-2006 -10% M&amp;F Supplementation: Winklevoss -10%</sid:DisabilityMortalityTableDescription>
    <sid:DisabilityMortalityTableDescription contextRef="From2019-01-01to2019-12-31">Winklevoss - 1%</sid:DisabilityMortalityTableDescription>
    <sid:TurnoverTableDescription contextRef="From2020-01-01to2020-12-31">Millenium plan 5% per annum, zero for plans 35% and Supplementation</sid:TurnoverTableDescription>
    <sid:TurnoverTableDescription contextRef="From2019-01-01to2019-12-31">Millenium plan 5% per annum, zero for plans 35% and Supplementation</sid:TurnoverTableDescription>
    <sid:DescriptionOfRetirementAge contextRef="From2020-01-01to2020-12-31">100% on the first date he/she becomes eligible for programmed retirement benefit under the plan</sid:DescriptionOfRetirementAge>
    <sid:DescriptionOfRetirementAge contextRef="From2019-01-01to2019-12-31">100% on the first date he/she becomes eligible for programmed retirement benefit under the plan</sid:DescriptionOfRetirementAge>
    <sid:DescriptionOfHouseholdOfActiveParticipants contextRef="From2020-01-01to2020-12-31">95% will be married at the time of retirement, with the wife being 4 years younger than the husband</sid:DescriptionOfHouseholdOfActiveParticipants>
    <sid:DescriptionOfHouseholdOfActiveParticipants contextRef="From2019-01-01to2019-12-31">95% will be married at the time of retirement, with the wife being 4 years younger than the husband</sid:DescriptionOfHouseholdOfActiveParticipants>
    <sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive contextRef="From2019-01-01to2019-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_MaleMember">18.38</sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive>
    <sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_MaleMember">18.38</sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive>
    <sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive contextRef="From2019-01-01to2019-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_FemaleMember">18.38</sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive>
    <sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_FemaleMember">18.38</sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive>
    <sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive contextRef="From2019-01-01to2019-12-31_custom_AverageSalarySupplementationPlanMember_custom_MaleMember">18.75</sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive>
    <sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_MaleMember">18.75</sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive>
    <sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive contextRef="From2019-01-01to2019-12-31_custom_AverageSalarySupplementationPlanMember_custom_FemaleMember">21.41</sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive>
    <sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_FemaleMember">21.41</sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive>
    <sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive contextRef="From2019-01-01to2019-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_MaleMember">20.45</sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive>
    <sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_MaleMember">21.47</sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive>
    <sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive contextRef="From2019-01-01to2019-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_FemaleMember">23.02</sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive>
    <sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_FemaleMember">23.34</sid:AverageLifeExpectancyOfEmployeesThatAreSixtyFive>
    <sid:AverageLifeExpectancyOfEmployeesThatAreForty contextRef="From2019-01-01to2019-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_MaleMember">40.15</sid:AverageLifeExpectancyOfEmployeesThatAreForty>
    <sid:AverageLifeExpectancyOfEmployeesThatAreForty contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_MaleMember">40.15</sid:AverageLifeExpectancyOfEmployeesThatAreForty>
    <sid:AverageLifeExpectancyOfEmployeesThatAreForty contextRef="From2019-01-01to2019-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_FemaleMember">40.15</sid:AverageLifeExpectancyOfEmployeesThatAreForty>
    <sid:AverageLifeExpectancyOfEmployeesThatAreForty contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_FemaleMember">40.15</sid:AverageLifeExpectancyOfEmployeesThatAreForty>
    <sid:AverageLifeExpectancyOfEmployeesThatAreForty contextRef="From2019-01-01to2019-12-31_custom_AverageSalarySupplementationPlanMember_custom_MaleMember">40.60</sid:AverageLifeExpectancyOfEmployeesThatAreForty>
    <sid:AverageLifeExpectancyOfEmployeesThatAreForty contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_MaleMember">40.60</sid:AverageLifeExpectancyOfEmployeesThatAreForty>
    <sid:AverageLifeExpectancyOfEmployeesThatAreForty contextRef="From2019-01-01to2019-12-31_custom_AverageSalarySupplementationPlanMember_custom_FemaleMember">44.41</sid:AverageLifeExpectancyOfEmployeesThatAreForty>
    <sid:AverageLifeExpectancyOfEmployeesThatAreForty contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_FemaleMember">44.41</sid:AverageLifeExpectancyOfEmployeesThatAreForty>
    <sid:AverageLifeExpectancyOfEmployeesThatAreForty contextRef="From2019-01-01to2019-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_MaleMember">42.70</sid:AverageLifeExpectancyOfEmployeesThatAreForty>
    <sid:AverageLifeExpectancyOfEmployeesThatAreForty contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_MaleMember">44.07</sid:AverageLifeExpectancyOfEmployeesThatAreForty>
    <sid:AverageLifeExpectancyOfEmployeesThatAreForty contextRef="From2019-01-01to2019-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_FemaleMember">46.28</sid:AverageLifeExpectancyOfEmployeesThatAreForty>
    <sid:AverageLifeExpectancyOfEmployeesThatAreForty contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_FemaleMember">46.68</sid:AverageLifeExpectancyOfEmployeesThatAreForty>
    <sid:AverageLifeExpectancyOfEmployeesThatAreForty contextRef="From2020-01-01to2020-12-31_custom_PostEmploymentHealthcareBenefitsMember_custom_MaleMember">42.74</sid:AverageLifeExpectancyOfEmployeesThatAreForty>
    <sid:AverageLifeExpectancyOfEmployeesThatAreForty contextRef="From2019-01-01to2019-12-31_custom_PostEmploymentHealthcareBenefitsMember_custom_MaleMember">  42.74</sid:AverageLifeExpectancyOfEmployeesThatAreForty>
    <sid:AverageLifeExpectancyOfEmployeesThatAreForty contextRef="From2018-01-01to2018-12-31_custom_PostEmploymentHealthcareBenefitsMember_custom_MaleMember">  41.59</sid:AverageLifeExpectancyOfEmployeesThatAreForty>
    <sid:AverageLifeExpectancyOfEmployeesThatAreForty contextRef="From2020-01-01to2020-12-31_custom_PostEmploymentHealthcareBenefitsMember_custom_FemaleMember">42.74</sid:AverageLifeExpectancyOfEmployeesThatAreForty>
    <sid:AverageLifeExpectancyOfEmployeesThatAreForty contextRef="From2019-01-01to2019-12-31_custom_PostEmploymentHealthcareBenefitsMember_custom_FemaleMember">42.74</sid:AverageLifeExpectancyOfEmployeesThatAreForty>
    <sid:AverageLifeExpectancyOfEmployeesThatAreForty contextRef="From2018-01-01to2018-12-31_custom_PostEmploymentHealthcareBenefitsMember_custom_FemaleMember">45.30</sid:AverageLifeExpectancyOfEmployeesThatAreForty>
    <sid:PlanAssetsPercentage contextRef="AsOf2020-12-31" unitRef="Pure" decimals="INF">1.0000</sid:PlanAssetsPercentage>
    <sid:PlanAssetsPercentage contextRef="AsOf2019-12-31" unitRef="Pure" decimals="INF">1.0000</sid:PlanAssetsPercentage>
    <sid:PlanAssetsPercentage contextRef="AsOf2018-12-31" unitRef="Pure" decimals="INF">1.0000</sid:PlanAssetsPercentage>
    <sid:PlanAssetsPercentage contextRef="AsOf2020-12-31_custom_VariableIncomeMember" unitRef="Pure" decimals="INF">0.0144</sid:PlanAssetsPercentage>
    <sid:PlanAssetsPercentage contextRef="AsOf2019-12-31_custom_VariableIncomeMember" unitRef="Pure" decimals="INF">0.0065</sid:PlanAssetsPercentage>
    <sid:PlanAssetsPercentage contextRef="AsOf2018-12-31_custom_VariableIncomeMember1389282659" unitRef="Pure" decimals="INF">0.0416</sid:PlanAssetsPercentage>
    <sid:PlanAssetsPercentage contextRef="AsOf2020-12-31_custom_FixedIncomeMember" unitRef="Pure" decimals="INF">0.9131</sid:PlanAssetsPercentage>
    <sid:PlanAssetsPercentage contextRef="AsOf2019-12-31_custom_FixedIncomeMember" unitRef="Pure" decimals="INF">0.9263</sid:PlanAssetsPercentage>
    <sid:PlanAssetsPercentage contextRef="AsOf2018-12-31_custom_FixedIncomeMember" unitRef="Pure" decimals="INF">0.8961</sid:PlanAssetsPercentage>
    <sid:PlanAssetsPercentage contextRef="AsOf2020-12-31_custom_RealEstatesMember" unitRef="Pure" decimals="INF">0.0484</sid:PlanAssetsPercentage>
    <sid:PlanAssetsPercentage contextRef="AsOf2019-12-31_custom_RealEstatesMember" unitRef="Pure" decimals="INF">0.0470</sid:PlanAssetsPercentage>
    <sid:PlanAssetsPercentage contextRef="AsOf2018-12-31_custom_RealEstatesMember" unitRef="Pure" decimals="INF">0.0153</sid:PlanAssetsPercentage>
    <sid:PlanAssetsPercentage contextRef="AsOf2020-12-31_custom_OthersPlanAssetsMember" unitRef="Pure" decimals="INF">0.0242</sid:PlanAssetsPercentage>
    <sid:PlanAssetsPercentage contextRef="AsOf2019-12-31_custom_OthersPlanAssetsMember" unitRef="Pure" decimals="INF">0.0202</sid:PlanAssetsPercentage>
    <sid:PlanAssetsPercentage contextRef="AsOf2018-12-31_custom_OthersPlanAssetsMember" unitRef="Pure" decimals="INF">0.0470</sid:PlanAssetsPercentage>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="Pure" decimals="INF">0.005</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="Pure" decimals="INF">-0.0050</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" unitRef="Pure" decimals="INF">0.0050</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" unitRef="Pure" decimals="INF">-0.0050</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="Pure" decimals="INF">0.005</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="Pure" decimals="INF">-0.005</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="Pure" decimals="INF">0.0050</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="Pure" decimals="INF">-0.0050</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" unitRef="Pure" decimals="INF">0.0050</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" unitRef="Pure" decimals="INF">-0.0050</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="Pure" decimals="INF">0.005</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="Pure" decimals="INF">-0.005</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="Pure" decimals="INF">0.0050</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="Pure" decimals="INF">-0.0050</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" unitRef="Pure" decimals="INF">0.0050</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" unitRef="Pure" decimals="INF">-0.0050</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="Pure" decimals="INF">0.005</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="Pure" decimals="INF">-0.005</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="Pure" decimals="INF">0.005</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="Pure" decimals="INF">-0.005</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_custom_ActuarialAssumptionOfMedicalInflationMember" unitRef="Pure" decimals="INF">0.010</sid:SensitivityLevel>
    <sid:SensitivityLevel contextRef="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_ActuarialAssumptionOfMedicalInflationMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="Pure" decimals="INF">-0.010</sid:SensitivityLevel>
    <sid:SensitivityLevelYear contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember">+1 year</sid:SensitivityLevelYear>
    <sid:SensitivityLevelYear contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember">- 1 year</sid:SensitivityLevelYear>
    <sid:SensitivityLevelYear contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember">+1 year</sid:SensitivityLevelYear>
    <sid:SensitivityLevelYear contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember">- 1 year</sid:SensitivityLevelYear>
    <sid:SensitivityLevelYear contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember">+1 year</sid:SensitivityLevelYear>
    <sid:SensitivityLevelYear contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember">- 1 year</sid:SensitivityLevelYear>
    <sid:SensitivityLevelYear contextRef="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_custom_ActuarialAssumptionOfMortalityTableMember">+1 year</sid:SensitivityLevelYear>
    <sid:SensitivityLevelYear contextRef="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_ActuarialAssumptionOfMortalityTableMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember">- 1 year</sid:SensitivityLevelYear>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="BRL" decimals="-3">-1005000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="BRL" decimals="-3">1084000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="BRL" decimals="-3">120000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="BRL" decimals="-3">-120000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" unitRef="BRL" decimals="-3">850000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" unitRef="BRL" decimals="-3">-839000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="BRL" decimals="-3">-5507000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="BRL" decimals="-3">5954000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="BRL" decimals="-3">623000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="BRL" decimals="-3">-623000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" unitRef="BRL" decimals="-3">4382000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" unitRef="BRL" decimals="-3">-4362000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="BRL" decimals="-3">-4758000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="BRL" decimals="-3">5309000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" unitRef="BRL" decimals="-3">191000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" unitRef="BRL" decimals="-3">-181000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" unitRef="BRL" decimals="-3">1562000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" unitRef="BRL" decimals="-3">-1541000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="BRL" decimals="-3">430000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="BRL" decimals="-3">-430000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="Shares" decimals="INF">17381</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="Shares" decimals="INF">-16114</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="Shares" decimals="INF">1928</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="Shares" decimals="INF">-1928</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" unitRef="Shares" decimals="INF">13626</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" unitRef="Shares" decimals="INF">-13455</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="Shares" decimals="INF">92456</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="Shares" decimals="INF">-85515</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="Shares" decimals="INF">9669</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="Shares" decimals="INF">-9669</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" unitRef="Shares" decimals="INF">68039</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" unitRef="Shares" decimals="INF">-67726</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="Shares" decimals="INF">76188</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="Shares" decimals="INF">-68287</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" unitRef="Shares" decimals="INF">1079</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" unitRef="Shares" decimals="INF">-1030</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" unitRef="Shares" decimals="INF">22603</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" unitRef="Shares" decimals="INF">-22306</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="Shares" decimals="INF">5975</sid:EffectOnPresentValueOfObligations>
    <sid:EffectOnPresentValueOfObligations contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="Shares" decimals="INF">-5975</sid:EffectOnPresentValueOfObligations>
    <sid:DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths contextRef="AsOf2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">281314000</sid:DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths>
    <sid:DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths contextRef="AsOf2020-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">60143000</sid:DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths>
    <sid:DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo contextRef="AsOf2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">272801000</sid:DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo>
    <sid:DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo contextRef="AsOf2020-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">58312000</sid:DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo>
    <sid:DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree contextRef="AsOf2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">266342000</sid:DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree>
    <sid:DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree contextRef="AsOf2020-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">56323000</sid:DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree>
    <sid:DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour contextRef="AsOf2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">259595000</sid:DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour>
    <sid:DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour contextRef="AsOf2020-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">54177000</sid:DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour>
    <sid:DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive contextRef="AsOf2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">252578000</sid:DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive>
    <sid:DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive contextRef="AsOf2020-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">51892000</sid:DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive>
    <sid:DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter contextRef="AsOf2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">1137146000</sid:DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter>
    <sid:DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter contextRef="AsOf2020-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">221734000</sid:DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter>
    <sid:DefinedBenefitPlanForecastFutureBenefitPayments contextRef="AsOf2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">2469776000</sid:DefinedBenefitPlanForecastFutureBenefitPayments>
    <sid:DefinedBenefitPlanForecastFutureBenefitPayments contextRef="AsOf2020-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">502581000</sid:DefinedBenefitPlanForecastFutureBenefitPayments>
    <sid:ExpensesRecognizedInIncomeNetDefinedBenefitLiability contextRef="From2020-01-01to2020-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">57731000</sid:ExpensesRecognizedInIncomeNetDefinedBenefitLiability>
    <sid:ExpensesRecognizedInIncomeNetDefinedBenefitLiability contextRef="From2019-01-01to2019-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">69907000</sid:ExpensesRecognizedInIncomeNetDefinedBenefitLiability>
    <sid:SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability contextRef="From2020-01-01to2020-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">-81340000</sid:SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability>
    <sid:SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability contextRef="From2019-01-01to2019-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">-82081000</sid:SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability>
    <sid:RecognitionOfLossGainNetDefinedBenefitLiability contextRef="From2020-01-01to2020-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">-189907000</sid:RecognitionOfLossGainNetDefinedBenefitLiability>
    <sid:RecognitionOfLossGainNetDefinedBenefitLiability contextRef="From2019-01-01to2019-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="BRL" decimals="-3">7433000</sid:RecognitionOfLossGainNetDefinedBenefitLiability>
    <sid:AverageLifeExpectancyOfEmployees contextRef="From2020-01-01to2020-12-31_custom_PostEmploymentHealthcareBenefitsMember_custom_MaleMember">20.24</sid:AverageLifeExpectancyOfEmployees>
    <sid:AverageLifeExpectancyOfEmployees contextRef="From2019-01-01to2019-12-31_custom_PostEmploymentHealthcareBenefitsMember_custom_MaleMember">20.24</sid:AverageLifeExpectancyOfEmployees>
    <sid:AverageLifeExpectancyOfEmployees contextRef="From2018-01-01to2018-12-31_custom_PostEmploymentHealthcareBenefitsMember_custom_MaleMember">19.55</sid:AverageLifeExpectancyOfEmployees>
    <sid:AverageLifeExpectancyOfEmployees contextRef="From2020-01-01to2020-12-31_custom_PostEmploymentHealthcareBenefitsMember_custom_FemaleMember">20.24</sid:AverageLifeExpectancyOfEmployees>
    <sid:AverageLifeExpectancyOfEmployees contextRef="From2019-01-01to2019-12-31_custom_PostEmploymentHealthcareBenefitsMember_custom_FemaleMember">20.24</sid:AverageLifeExpectancyOfEmployees>
    <sid:AverageLifeExpectancyOfEmployees contextRef="From2018-01-01to2018-12-31_custom_PostEmploymentHealthcareBenefitsMember_custom_FemaleMember">22.17</sid:AverageLifeExpectancyOfEmployees>
    <ifrs-full:ActuarialAssumptionOfDiscountRates contextRef="AsOf2019-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="Pure" decimals="INF">0.0678</ifrs-full:ActuarialAssumptionOfDiscountRates>
    <ifrs-full:ActuarialAssumptionOfDiscountRates contextRef="AsOf2020-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="Pure" decimals="INF">0.0653</ifrs-full:ActuarialAssumptionOfDiscountRates>
    <sid:RealIncreaseInMedicalCostsBasedOnAgeAgingFactor contextRef="From2020-01-01to2020-12-31_custom_PostEmploymentHealthcareBenefitsMember">0,5% - 3,00% real per year</sid:RealIncreaseInMedicalCostsBasedOnAgeAgingFactor>
    <sid:RealIncreaseInMedicalCostsBasedOnAgeAgingFactor contextRef="From2019-01-01to2019-12-31_custom_PostEmploymentHealthcareBenefitsMember">0,5% - 3,00% real per year</sid:RealIncreaseInMedicalCostsBasedOnAgeAgingFactor>
    <ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates contextRef="AsOf2019-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="Pure" decimals="INF">0.0698</ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates>
    <ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates contextRef="AsOf2020-12-31_custom_PostEmploymentHealthcareBenefitsMember" unitRef="Pure" decimals="INF">0.0410</ifrs-full:ActuarialAssumptionOfMedicalCostTrendRates>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1 contextRef="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="BRL" decimals="-3">1216000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1 contextRef="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="BRL" decimals="-3">-1339000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1 contextRef="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_custom_ActuarialAssumptionOfMedicalInflationMember" unitRef="BRL" decimals="-3">4749000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1 contextRef="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_ActuarialAssumptionOfMedicalInflationMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="BRL" decimals="-3">-3978000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1 contextRef="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_custom_ActuarialAssumptionOfMortalityTableMember" unitRef="BRL" decimals="-3">3123000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1>
    <sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1 contextRef="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_ActuarialAssumptionOfMortalityTableMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="BRL" decimals="-3">-2925000</sid:EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1>
    <sid:EffectOnPresentValueOfObligations1 contextRef="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="Shares" decimals="INF">-30300</sid:EffectOnPresentValueOfObligations1>
    <sid:EffectOnPresentValueOfObligations1 contextRef="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_PossibleDecreaseInActuarialAssumptionMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="Shares" decimals="INF">33447</sid:EffectOnPresentValueOfObligations1>
    <sid:EffectOnPresentValueOfObligations1 contextRef="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_custom_ActuarialAssumptionOfMedicalInflationMember" unitRef="Shares" decimals="INF">72688</sid:EffectOnPresentValueOfObligations1>
    <sid:EffectOnPresentValueOfObligations1 contextRef="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_ActuarialAssumptionOfMedicalInflationMember_ifrs-full_ActuarialAssumptionOfDiscountRatesMember" unitRef="Shares" decimals="INF">-60887</sid:EffectOnPresentValueOfObligations1>
    <sid:EffectOnPresentValueOfObligations1 contextRef="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_PossibleIncreaseInActuarialAssumptionMember_custom_ActuarialAssumptionOfMortalityTableMember" unitRef="Shares" decimals="INF">47797</sid:EffectOnPresentValueOfObligations1>
    <sid:EffectOnPresentValueOfObligations1 contextRef="From2020-01-01to2020-12-31_custom_HealthcarePlanMember_custom_ActuarialAssumptionOfMortalityTableMember_ifrs-full_ActuarialAssumptionOfMortalityRatesMember" unitRef="Shares" decimals="INF">-44768</sid:EffectOnPresentValueOfObligations1>
    <ifrs-full:CapitalCommitments contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">2108961000</ifrs-full:CapitalCommitments>
    <ifrs-full:CapitalCommitments contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">2603716000</ifrs-full:CapitalCommitments>
    <ifrs-full:CapitalCommitments contextRef="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" unitRef="BRL" decimals="-3">1262324000</ifrs-full:CapitalCommitments>
    <ifrs-full:CapitalCommitments contextRef="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" unitRef="BRL" decimals="-3">1251927000</ifrs-full:CapitalCommitments>
    <ifrs-full:CapitalCommitments contextRef="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember" unitRef="BRL" decimals="-3">1913292000</ifrs-full:CapitalCommitments>
    <ifrs-full:CapitalCommitments contextRef="AsOf2020-12-31_custom_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember" unitRef="BRL" decimals="-3">946865000</ifrs-full:CapitalCommitments>
    <ifrs-full:CapitalCommitments contextRef="AsOf2019-12-31_custom_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember" unitRef="BRL" decimals="-3">1555398000</ifrs-full:CapitalCommitments>
    <ifrs-full:CapitalCommitments contextRef="AsOf2019-12-31_custom_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember" unitRef="BRL" decimals="-3">959362000</ifrs-full:CapitalCommitments>
    <ifrs-full:CapitalCommitments contextRef="AsOf2020-12-31_custom_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember" unitRef="BRL" decimals="-3">1044380000</ifrs-full:CapitalCommitments>
    <ifrs-full:CapitalCommitments contextRef="AsOf2019-12-31_custom_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember" unitRef="BRL" decimals="-3">56024000</ifrs-full:CapitalCommitments>
    <ifrs-full:CapitalCommitments contextRef="AsOf2020-12-31_custom_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember" unitRef="BRL" decimals="-3">75863000</ifrs-full:CapitalCommitments>
    <ifrs-full:CapitalCommitments contextRef="AsOf2019-12-31_custom_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember" unitRef="BRL" decimals="-3">5930000</ifrs-full:CapitalCommitments>
    <ifrs-full:CapitalCommitments contextRef="AsOf2020-12-31_custom_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember" unitRef="BRL" decimals="-3">7674000</ifrs-full:CapitalCommitments>
    <ifrs-full:CapitalCommitments contextRef="AsOf2020-12-31_custom_OilStorageAndHandlingMember" unitRef="BRL" decimals="-3">1900000</ifrs-full:CapitalCommitments>
    <ifrs-full:CapitalCommitments contextRef="AsOf2019-12-31_custom_OilStorageAndHandlingMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CapitalCommitments contextRef="AsOf2020-12-31_custom_LaborAndConsultancyServicesMember" unitRef="BRL" decimals="-3">32279000</ifrs-full:CapitalCommitments>
    <ifrs-full:CapitalCommitments contextRef="AsOf2019-12-31_custom_LaborAndConsultancyServicesMember" unitRef="BRL" decimals="-3">27002000</ifrs-full:CapitalCommitments>
    <ifrs-full:CapitalCommitments contextRef="AsOf2020-12-31_custom_LaterThanFourYearsMember" unitRef="BRL" decimals="-3">3859563000</ifrs-full:CapitalCommitments>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">8287106000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_custom_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember" unitRef="BRL" decimals="-3">7062394000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_custom_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember" unitRef="BRL" decimals="-3">918971000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_custom_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember" unitRef="BRL" decimals="-3">25190000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_custom_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember" unitRef="BRL" decimals="-3">480000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_custom_OilStorageAndHandlingMember" unitRef="BRL" decimals="-3">5226000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_custom_LaborAndConsultancyServicesMember" unitRef="BRL" decimals="-3">274845000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember_custom_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember" unitRef="BRL" decimals="-3">1195158000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember" unitRef="BRL" decimals="-3">1195508000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember" unitRef="BRL" decimals="-3">1195508000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_custom_LaterThanFourYearsMember_custom_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember" unitRef="BRL" decimals="-3">3476220000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember_custom_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember" unitRef="BRL" decimals="-3">674378000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember" unitRef="BRL" decimals="-3">28530000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember" unitRef="BRL" decimals="-3">24779000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_custom_LaterThanFourYearsMember_custom_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember" unitRef="BRL" decimals="-3">191284000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember_custom_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember" unitRef="BRL" decimals="-3">13240000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember" unitRef="BRL" decimals="-3">9298000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember" unitRef="BRL" decimals="-3">2652000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_custom_LaterThanFourYearsMember_custom_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember" unitRef="BRL" decimals="-3">0</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember_custom_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember" unitRef="BRL" decimals="-3">480000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember_custom_OilStorageAndHandlingMember" unitRef="BRL" decimals="-3">1608000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_OilStorageAndHandlingMember" unitRef="BRL" decimals="-3">1608000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_OilStorageAndHandlingMember" unitRef="BRL" decimals="-3">1608000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_custom_LaterThanFourYearsMember_custom_OilStorageAndHandlingMember" unitRef="BRL" decimals="-3">402000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_ifrs-full_NotLaterThanOneYearMember_custom_LaborAndConsultancyServicesMember" unitRef="BRL" decimals="-3">28428000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_custom_LaborAndConsultancyServicesMember" unitRef="BRL" decimals="-3">27380000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_custom_LaborAndConsultancyServicesMember" unitRef="BRL" decimals="-3">27380000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:MinimumFuturePaymentsOfTakeOrPayContracts contextRef="AsOf2020-12-31_custom_LaterThanFourYearsMember_custom_LaborAndConsultancyServicesMember" unitRef="BRL" decimals="-3">191657000</sid:MinimumFuturePaymentsOfTakeOrPayContracts>
    <sid:PercentageOfProgressProjectPosts contextRef="From2020-01-01to2020-12-31" unitRef="Pure" decimals="INF">0.54</sid:PercentageOfProgressProjectPosts>
    <sid:ConsessionExpireYear contextRef="From2020-01-01to2020-12-31_custom_TransnordestinaLogisticaSAMember">2057</sid:ConsessionExpireYear>
    <sid:ApprovedConstructionInvestment contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember" unitRef="BRL" decimals="-3">7542000</sid:ApprovedConstructionInvestment>
    <sid:DescriptionOfCurrentlyApprovedBudget contextRef="From2020-01-01to2020-12-31_custom_TransnordestinaLogisticaSAMember">Miss&#227;o Velha - Salgueiro amounting to R$0.4 billion, Salgueiro - Trindade amounting to R$0.7 billion, Trindade - Eliseu Martins amounting to R$2.4 billion, Miss&#227;o Velha - Port of Pec&#233;m amounting to R$3 billion, Salgueiro - Port of Suape amounting to R$4.7 billion, totaling R$11.2 billion.</sid:DescriptionOfCurrentlyApprovedBudget>
    <sid:ProposedAmount contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember" unitRef="BRL" decimals="-3">13200000000</sid:ProposedAmount>
    <sid:DescriptionOfGuaranteesOfFinancingGranted contextRef="From2020-01-01to2020-12-31_custom_TransnordestinaLogisticaSAMember">The Company guarantees 100% of the financing obtained by TLSA from Banco do Nordeste / FNE and BNDES, as well as 50.97% of the debentures issued by the FDNE (considers 48.47% of corporate guarantee, 1.25% of letter of guarantee) for BNB and 1.25% corporate guarantee for BNB).</sid:DescriptionOfGuaranteesOfFinancingGranted>
    <sid:PercentageOfDebentureConverted contextRef="From2020-01-01to2020-12-31_custom_TransnordestinaLogisticaSAMember" unitRef="Pure" decimals="INF">0.50</sid:PercentageOfDebentureConverted>
    <sid:ExchangeRates contextRef="AsOf2020-12-31_country_US" unitRef="BRL_ExchangeRate" decimals="INF">1</sid:ExchangeRates>
    <sid:ExchangeRates contextRef="AsOf2020-12-31_custom_BrazilianReaisMember" unitRef="BRL_ExchangeRate" decimals="INF">5.1967</sid:ExchangeRates>
    <sid:ExchangeRates contextRef="AsOf2019-12-31_custom_BrazilianReaisMember" unitRef="BRL_ExchangeRate" decimals="INF">4.0307</sid:ExchangeRates>
    <sid:ExchangeRates contextRef="AsOf2020-12-31_currency_EUR" unitRef="BRL_ExchangeRate" decimals="INF">1</sid:ExchangeRates>
    <sid:ExchangeRates contextRef="AsOf2020-12-31_custom_BrazilianReaisMember_custom_BrazilianCentralBankMember" unitRef="BRL_ExchangeRate" decimals="INF">6.3779</sid:ExchangeRates>
    <sid:ExchangeRates contextRef="AsOf2019-12-31_custom_BrazilianReaisMember_custom_BrazilianCentralBankMember" unitRef="BRL_ExchangeRate" decimals="INF">4.5305</sid:ExchangeRates>
    <dei:EntityRegistrantName contextRef="From2020-01-01to2020-12-31">NATIONAL STEEL CO</dei:EntityRegistrantName>
    <dei:EntityCentralIndexKey contextRef="From2020-01-01to2020-12-31">0001049659</dei:EntityCentralIndexKey>
    <dei:DocumentType contextRef="From2020-01-01to2020-12-31">20-F</dei:DocumentType>
    <dei:DocumentPeriodEndDate contextRef="From2020-01-01to2020-12-31">2020-12-31</dei:DocumentPeriodEndDate>
    <dei:AmendmentFlag contextRef="From2020-01-01to2020-12-31">false</dei:AmendmentFlag>
    <dei:TradingSymbol contextRef="From2020-01-01to2020-12-31">SID</dei:TradingSymbol>
    <dei:Security12gTitle contextRef="From2020-01-01to2020-12-31">Common Shares without Par Value</dei:Security12gTitle>
    <dei:EntityInteractiveDataCurrent contextRef="From2020-01-01to2020-12-31">Yes</dei:EntityInteractiveDataCurrent>
    <dei:EntityIncorporationStateCountryCode contextRef="From2020-01-01to2020-12-31">D5</dei:EntityIncorporationStateCountryCode>
    <dei:EntityWellKnownSeasonedIssuer contextRef="From2020-01-01to2020-12-31">No</dei:EntityWellKnownSeasonedIssuer>
    <dei:EntityVoluntaryFilers contextRef="From2020-01-01to2020-12-31">No</dei:EntityVoluntaryFilers>
    <dei:EntityCurrentReportingStatus contextRef="From2020-01-01to2020-12-31">Yes</dei:EntityCurrentReportingStatus>
    <dei:EntityFilerCategory contextRef="From2020-01-01to2020-12-31">Large Accelerated Filer</dei:EntityFilerCategory>
    <dei:EntityEmergingGrowthCompany contextRef="From2020-01-01to2020-12-31">false</dei:EntityEmergingGrowthCompany>
    <dei:EntityShellCompany contextRef="From2020-01-01to2020-12-31">false</dei:EntityShellCompany>
    <dei:DocumentAnnualReport contextRef="From2020-01-01to2020-12-31">true</dei:DocumentAnnualReport>
    <dei:DocumentShellCompanyReport contextRef="From2020-01-01to2020-12-31">false</dei:DocumentShellCompanyReport>
    <dei:DocumentTransitionReport contextRef="From2020-01-01to2020-12-31">false</dei:DocumentTransitionReport>
    <dei:EntityCommonStockSharesOutstanding contextRef="AsOf2020-12-31" unitRef="Shares" decimals="INF">1387524047</dei:EntityCommonStockSharesOutstanding>
    <dei:DocumentFiscalPeriodFocus contextRef="From2020-01-01to2020-12-31">FY</dei:DocumentFiscalPeriodFocus>
    <dei:DocumentFiscalYearFocus contextRef="From2020-01-01to2020-12-31">2020</dei:DocumentFiscalYearFocus>
    <ifrs-full:AdjustmentsForFinanceCosts contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1909546000</ifrs-full:AdjustmentsForFinanceCosts>
    <ifrs-full:AdjustmentsForFinanceCosts contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1879116000</ifrs-full:AdjustmentsForFinanceCosts>
    <ifrs-full:AdjustmentsForFinanceCosts contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">1938077000</ifrs-full:AdjustmentsForFinanceCosts>
    <ifrs-full:OtherAdjustmentsToReconcileProfitLoss contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-32684000</ifrs-full:OtherAdjustmentsToReconcileProfitLoss>
    <ifrs-full:OtherAdjustmentsToReconcileProfitLoss contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-58728000</ifrs-full:OtherAdjustmentsToReconcileProfitLoss>
    <ifrs-full:OtherAdjustmentsToReconcileProfitLoss contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-50239000</ifrs-full:OtherAdjustmentsToReconcileProfitLoss>
    <ifrs-full:AdjustmentsForDepreciationAndAmortisationExpense contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">2522063000</ifrs-full:AdjustmentsForDepreciationAndAmortisationExpense>
    <ifrs-full:AdjustmentsForDepreciationAndAmortisationExpense contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1519331000</ifrs-full:AdjustmentsForDepreciationAndAmortisationExpense>
    <ifrs-full:AdjustmentsForDepreciationAndAmortisationExpense contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">1273021000</ifrs-full:AdjustmentsForDepreciationAndAmortisationExpense>
    <ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">71755000</ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod>
    <ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">125715000</ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod>
    <ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">135706000</ifrs-full:ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod>
    <ifrs-full:InterestExpenseOnLeaseLiabilities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">54236000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <ifrs-full:InterestExpenseOnLeaseLiabilities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">52607000</ifrs-full:InterestExpenseOnLeaseLiabilities>
    <ifrs-full:InterestExpenseOnLeaseLiabilities contextRef="From2018-01-01to2018-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:AdjustmentsForDeferredTaxExpense contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-1426696000</ifrs-full:AdjustmentsForDeferredTaxExpense>
    <ifrs-full:AdjustmentsForDeferredTaxExpense contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-2398400000</ifrs-full:AdjustmentsForDeferredTaxExpense>
    <ifrs-full:AdjustmentsForDeferredTaxExpense contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-576895000</ifrs-full:AdjustmentsForDeferredTaxExpense>
    <ifrs-full:AdjustmentsForProvisions contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">4405000</ifrs-full:AdjustmentsForProvisions>
    <ifrs-full:AdjustmentsForProvisions contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-164223000</ifrs-full:AdjustmentsForProvisions>
    <ifrs-full:AdjustmentsForProvisions contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-34279000</ifrs-full:AdjustmentsForProvisions>
    <ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">2010056000</ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains>
    <ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">853449000</ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains>
    <ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">1002137000</ifrs-full:AdjustmentsForUnrealisedForeignExchangeLossesGains>
    <ifrs-full:IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets contextRef="From2020-01-01to2020-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-131817000</ifrs-full:IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets>
    <ifrs-full:IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets contextRef="From2018-01-01to2018-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">12998000</ifrs-full:ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets>
    <ifrs-full:ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">114603000</ifrs-full:ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets>
    <ifrs-full:ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">38245000</ifrs-full:ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets>
    <sid:ProvisionReversalForConsumptionAndServices contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-29057000</sid:ProvisionReversalForConsumptionAndServices>
    <sid:ProvisionReversalForConsumptionAndServices contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-130339000</sid:ProvisionReversalForConsumptionAndServices>
    <sid:ProvisionReversalForConsumptionAndServices contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">55726000</sid:ProvisionReversalForConsumptionAndServices>
    <sid:AdjustmentsForProvisionsForActuarialLiabilities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-24019000</sid:AdjustmentsForProvisionsForActuarialLiabilities>
    <sid:AdjustmentsForProvisionsForActuarialLiabilities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-20194000</sid:AdjustmentsForProvisionsForActuarialLiabilities>
    <sid:AdjustmentsForProvisionsForActuarialLiabilities contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-20984000</sid:AdjustmentsForProvisionsForActuarialLiabilities>
    <ifrs-full:GainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination contextRef="From2020-01-01to2020-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:GainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">160609000</ifrs-full:GainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination>
    <ifrs-full:GainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">2208462000</ifrs-full:GainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination>
    <ifrs-full:ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets contextRef="From2020-01-01to2020-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets contextRef="From2019-01-01to2019-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-1164294000</ifrs-full:ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets>
    <sid:AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">10388000</sid:AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets>
    <sid:AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">17110000</sid:AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets>
    <sid:AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-55247000</sid:AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets>
    <sid:UpdatedSharesVJR contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-1203068000</sid:UpdatedSharesVJR>
    <sid:UpdatedSharesVJR contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">118780000</sid:UpdatedSharesVJR>
    <sid:UpdatedSharesVJR contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-1655813000</sid:UpdatedSharesVJR>
    <ifrs-full:IncreaseDecreaseInExistingProvisionsOtherProvisions contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">7651000</ifrs-full:IncreaseDecreaseInExistingProvisionsOtherProvisions>
    <ifrs-full:IncreaseDecreaseInExistingProvisionsOtherProvisions contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-104869000</ifrs-full:IncreaseDecreaseInExistingProvisionsOtherProvisions>
    <ifrs-full:IncreaseDecreaseInExistingProvisionsOtherProvisions contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">21877000</ifrs-full:IncreaseDecreaseInExistingProvisionsOtherProvisions>
    <ifrs-full:AdjustmentsForReconcileProfitLoss contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">7504197000</ifrs-full:AdjustmentsForReconcileProfitLoss>
    <ifrs-full:AdjustmentsForReconcileProfitLoss contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">3714351000</ifrs-full:AdjustmentsForReconcileProfitLoss>
    <ifrs-full:AdjustmentsForReconcileProfitLoss contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">3583993000</ifrs-full:AdjustmentsForReconcileProfitLoss>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-594731000</ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">49338000</ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">99223000</ifrs-full:AdjustmentsForDecreaseIncreaseInTradeAccountReceivable>
    <sid:AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">49412000</sid:AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable>
    <sid:AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-77271000</sid:AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable>
    <sid:AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">22071000</sid:AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInInventories contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">755571000</ifrs-full:AdjustmentsForDecreaseIncreaseInInventories>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInInventories contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-218242000</ifrs-full:AdjustmentsForDecreaseIncreaseInInventories>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInInventories contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-800050000</ifrs-full:AdjustmentsForDecreaseIncreaseInInventories>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">90306000</ifrs-full:AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">99276000</ifrs-full:AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">113800000</ifrs-full:AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables>
    <ifrs-full:IncomeTaxesRefundClassifiedAsOperatingActivities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">865984000</ifrs-full:IncomeTaxesRefundClassifiedAsOperatingActivities>
    <ifrs-full:IncomeTaxesRefundClassifiedAsOperatingActivities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">14051000</ifrs-full:IncomeTaxesRefundClassifiedAsOperatingActivities>
    <ifrs-full:IncomeTaxesRefundClassifiedAsOperatingActivities contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">238181000</ifrs-full:IncomeTaxesRefundClassifiedAsOperatingActivities>
    <ifrs-full:AdjustmentsForIncreaseDecreaseInDepositsFromBanks contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">50028000</ifrs-full:AdjustmentsForIncreaseDecreaseInDepositsFromBanks>
    <ifrs-full:AdjustmentsForIncreaseDecreaseInDepositsFromBanks contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">19312000</ifrs-full:AdjustmentsForIncreaseDecreaseInDepositsFromBanks>
    <ifrs-full:AdjustmentsForIncreaseDecreaseInDepositsFromBanks contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-7496000</ifrs-full:AdjustmentsForIncreaseDecreaseInDepositsFromBanks>
    <ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">2103283000</ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable>
    <ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-354288000</ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable>
    <ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">925176000</ifrs-full:AdjustmentsForIncreaseDecreaseInTradeAccountPayable>
    <sid:TradePayablesDraweeRisk contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-497451000</sid:TradePayablesDraweeRisk>
    <sid:TradePayablesDraweeRisk contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1055546000</sid:TradePayablesDraweeRisk>
    <sid:TradePayablesDraweeRisk contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">65766000</sid:TradePayablesDraweeRisk>
    <ifrs-full:AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-43649000</ifrs-full:AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities>
    <ifrs-full:AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">36271000</ifrs-full:AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities>
    <ifrs-full:AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-1100000</ifrs-full:AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities>
    <sid:AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1654135000</sid:AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis>
    <sid:AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">280413000</sid:AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis>
    <sid:AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-23806000</sid:AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis>
    <ifrs-full:AdjustmentsForIncreaseDecreaseInOtherOperatingPayables contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">12019000</ifrs-full:AdjustmentsForIncreaseDecreaseInOtherOperatingPayables>
    <ifrs-full:AdjustmentsForIncreaseDecreaseInOtherOperatingPayables contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1956000</ifrs-full:AdjustmentsForIncreaseDecreaseInOtherOperatingPayables>
    <ifrs-full:AdjustmentsForIncreaseDecreaseInOtherOperatingPayables contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">129031000</ifrs-full:AdjustmentsForIncreaseDecreaseInOtherOperatingPayables>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-10011000</ifrs-full:AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">2524826000</ifrs-full:AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers>
    <sid:DerivativeInstrumentCashSettlement contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">299585000</sid:DerivativeInstrumentCashSettlement>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInOtherAssets contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-140504000</ifrs-full:AdjustmentsForDecreaseIncreaseInOtherAssets>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInOtherAssets contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-234548000</ifrs-full:AdjustmentsForDecreaseIncreaseInOtherAssets>
    <ifrs-full:AdjustmentsForDecreaseIncreaseInOtherAssets contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">5026000</ifrs-full:AdjustmentsForDecreaseIncreaseInOtherAssets>
    <sid:AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">2072677000</sid:AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities>
    <sid:AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1157528000</sid:AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities>
    <sid:AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-1375888000</sid:AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities>
    <ifrs-full:CashFlowsFromUsedInOperatingActivities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">9576874000</ifrs-full:CashFlowsFromUsedInOperatingActivities>
    <ifrs-full:CashFlowsFromUsedInOperatingActivities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">4871879000</ifrs-full:CashFlowsFromUsedInOperatingActivities>
    <ifrs-full:CashFlowsFromUsedInOperatingActivities contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">2208105000</ifrs-full:CashFlowsFromUsedInOperatingActivities>
    <ifrs-full:OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">132197000</ifrs-full:OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities>
    <ifrs-full:OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">209832000</ifrs-full:OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities>
    <ifrs-full:OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">218840000</ifrs-full:OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities>
    <ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1683839000</ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities>
    <ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">2214456000</ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities>
    <ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">1317102000</ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities>
    <sid:CashPaymentsForDerivativeTransactions contextRef="From2020-01-01to2020-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:CashPaymentsForDerivativeTransactions contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">230000</sid:CashPaymentsForDerivativeTransactions>
    <sid:CashPaymentsForDerivativeTransactions contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">372000</sid:CashPaymentsForDerivativeTransactions>
    <ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1427000</ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities>
    <ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">2200000</ifrs-full:PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities>
    <ifrs-full:CashAdvancesAndLoansMadeToRelatedParties contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">101631000</ifrs-full:CashAdvancesAndLoansMadeToRelatedParties>
    <ifrs-full:CashAdvancesAndLoansMadeToRelatedParties contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">101913000</ifrs-full:CashAdvancesAndLoansMadeToRelatedParties>
    <ifrs-full:CashAdvancesAndLoansMadeToRelatedParties contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">101908000</ifrs-full:CashAdvancesAndLoansMadeToRelatedParties>
    <ifrs-full:CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">14584000</ifrs-full:CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties>
    <ifrs-full:CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">23623000</ifrs-full:CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties>
    <ifrs-full:CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties contextRef="From2018-01-01to2018-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">39428000</ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities>
    <ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">289213000</ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities>
    <ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-167773000</ifrs-full:OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities>
    <sid:CashReceiptsFromDiscontinuedOperations contextRef="From2020-01-01to2020-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:CashReceiptsFromDiscontinuedOperations contextRef="From2019-01-01to2019-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:CashReceiptsFromDiscontinuedOperations contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">39377000</sid:CashReceiptsFromDiscontinuedOperations>
    <ifrs-full:ProceedsFromChangesInOwnershipInterestsInSubsidiaries contextRef="From2020-01-01to2020-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:ProceedsFromChangesInOwnershipInterestsInSubsidiaries contextRef="From2019-01-01to2019-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:ProceedsFromChangesInOwnershipInterestsInSubsidiaries contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">1670359000</ifrs-full:ProceedsFromChangesInOwnershipInterestsInSubsidiaries>
    <sid:CashReceiptsFromAcquisitionOfControl contextRef="From2020-01-01to2020-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:CashReceiptsFromAcquisitionOfControl contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-21345000</sid:CashReceiptsFromAcquisitionOfControl>
    <sid:CashReceiptsFromAcquisitionOfControl contextRef="From2018-01-01to2018-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:CashFlowsFromUsedInInvestingActivities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-1863655000</ifrs-full:CashFlowsFromUsedInInvestingActivities>
    <ifrs-full:CashFlowsFromUsedInInvestingActivities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-2236367000</ifrs-full:CashFlowsFromUsedInInvestingActivities>
    <ifrs-full:CashFlowsFromUsedInInvestingActivities contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-98459000</ifrs-full:CashFlowsFromUsedInInvestingActivities>
    <ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">8085902000</ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">10068627000</ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">2143679000</ifrs-full:ProceedsFromBorrowingsClassifiedAsFinancingActivities>
    <ifrs-full:BorrowingCostsIncurred contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">39174000</ifrs-full:BorrowingCostsIncurred>
    <ifrs-full:BorrowingCostsIncurred contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">67362000</ifrs-full:BorrowingCostsIncurred>
    <ifrs-full:BorrowingCostsIncurred contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">92287000</ifrs-full:BorrowingCostsIncurred>
    <sid:AmortizationOfLeases contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">103648000</sid:AmortizationOfLeases>
    <sid:AmortizationOfLeases contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">94727000</sid:AmortizationOfLeases>
    <sid:AmortizationOfLeases contextRef="From2018-01-01to2018-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:DividendsPaidClassifiedAsFinancingActivities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">309350000</ifrs-full:DividendsPaidClassifiedAsFinancingActivities>
    <ifrs-full:DividendsPaidClassifiedAsFinancingActivities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1920309000</ifrs-full:DividendsPaidClassifiedAsFinancingActivities>
    <ifrs-full:DividendsPaidClassifiedAsFinancingActivities contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">502002000</ifrs-full:DividendsPaidClassifiedAsFinancingActivities>
    <ifrs-full:CashFlowsFromUsedInFinancingActivities contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1185072000</ifrs-full:CashFlowsFromUsedInFinancingActivities>
    <ifrs-full:CashFlowsFromUsedInFinancingActivities contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-3788864000</ifrs-full:CashFlowsFromUsedInFinancingActivities>
    <ifrs-full:CashFlowsFromUsedInFinancingActivities contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-3257186000</ifrs-full:CashFlowsFromUsedInFinancingActivities>
    <ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-42660000</ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents>
    <ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-5697000</ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents>
    <ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-16028000</ifrs-full:EffectOfExchangeRateChangesOnCashAndCashEquivalents>
    <ifrs-full:IncreaseDecreaseInCashAndCashEquivalents contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">8855631000</ifrs-full:IncreaseDecreaseInCashAndCashEquivalents>
    <ifrs-full:IncreaseDecreaseInCashAndCashEquivalents contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-1159049000</ifrs-full:IncreaseDecreaseInCashAndCashEquivalents>
    <ifrs-full:IncreaseDecreaseInCashAndCashEquivalents contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-1163568000</ifrs-full:IncreaseDecreaseInCashAndCashEquivalents>
    <ifrs-full:CurrentInvestments contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">3783362000</ifrs-full:CurrentInvestments>
    <ifrs-full:CurrentInvestments contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">2633173000</ifrs-full:CurrentInvestments>
    <ifrs-full:TradeAndOtherCurrentReceivables contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">2867352000</ifrs-full:TradeAndOtherCurrentReceivables>
    <ifrs-full:TradeAndOtherCurrentReceivables contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">2047931000</ifrs-full:TradeAndOtherCurrentReceivables>
    <ifrs-full:OtherCurrentAssets contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">367814000</ifrs-full:OtherCurrentAssets>
    <ifrs-full:OtherCurrentAssets contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">390581000</ifrs-full:OtherCurrentAssets>
    <ifrs-full:OtherCurrentAssets contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="BRL" decimals="-3">51793000</ifrs-full:OtherCurrentAssets>
    <ifrs-full:OtherCurrentAssets contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565" unitRef="BRL" decimals="-3">59405000</ifrs-full:OtherCurrentAssets>
    <ifrs-full:OtherCurrentAssets contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">823204000</ifrs-full:OtherCurrentAssets>
    <ifrs-full:OtherCurrentAssets contextRef="AsOf2020-12-31_custom_EquimacSAMember" unitRef="BRL" decimals="-3">2356000</ifrs-full:OtherCurrentAssets>
    <ifrs-full:OtherCurrentAssets contextRef="AsOf2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">89521000</ifrs-full:OtherCurrentAssets>
    <ifrs-full:OtherCurrentAssets contextRef="AsOf2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">1326281000</ifrs-full:OtherCurrentAssets>
    <ifrs-full:OtherCurrentAssets contextRef="AsOf2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">15955000</ifrs-full:OtherCurrentAssets>
    <ifrs-full:CurrentDerivativeFinancialAssets contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">123409000</ifrs-full:CurrentDerivativeFinancialAssets>
    <ifrs-full:CurrentDerivativeFinancialAssets contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">95719000</ifrs-full:CurrentDerivativeFinancialAssets>
    <ifrs-full:OtherNoncurrentAssets contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">3603047000</ifrs-full:OtherNoncurrentAssets>
    <ifrs-full:OtherNoncurrentAssets contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">2793115000</ifrs-full:OtherNoncurrentAssets>
    <ifrs-full:OtherNoncurrentAssets contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="BRL" decimals="-3">225492000</ifrs-full:OtherNoncurrentAssets>
    <ifrs-full:OtherNoncurrentAssets contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565" unitRef="BRL" decimals="-3">258391000</ifrs-full:OtherNoncurrentAssets>
    <ifrs-full:OtherNoncurrentAssets contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">608878000</ifrs-full:OtherNoncurrentAssets>
    <ifrs-full:OtherNoncurrentAssets contextRef="AsOf2020-12-31_custom_EquimacSAMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:OtherNoncurrentAssets contextRef="AsOf2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">20807000</ifrs-full:OtherNoncurrentAssets>
    <ifrs-full:OtherNoncurrentAssets contextRef="AsOf2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">789562000</ifrs-full:OtherNoncurrentAssets>
    <ifrs-full:OtherNoncurrentAssets contextRef="AsOf2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">24361000</ifrs-full:OtherNoncurrentAssets>
    <sid:LongtermReceivables contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">8887158000</sid:LongtermReceivables>
    <sid:LongtermReceivables contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">7626577000</sid:LongtermReceivables>
    <ifrs-full:InvestmentsInSubsidiariesJointVenturesAndAssociates contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">3695780000</ifrs-full:InvestmentsInSubsidiariesJointVenturesAndAssociates>
    <ifrs-full:InvestmentsInSubsidiariesJointVenturesAndAssociates contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">3584169000</ifrs-full:InvestmentsInSubsidiariesJointVenturesAndAssociates>
    <ifrs-full:CurrentProvisionsForEmployeeBenefits contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">282630000</ifrs-full:CurrentProvisionsForEmployeeBenefits>
    <ifrs-full:CurrentProvisionsForEmployeeBenefits contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">317510000</ifrs-full:CurrentProvisionsForEmployeeBenefits>
    <ifrs-full:CurrentTaxLiabilitiesCurrent contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">2058362000</ifrs-full:CurrentTaxLiabilitiesCurrent>
    <ifrs-full:CurrentTaxLiabilitiesCurrent contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">541027000</ifrs-full:CurrentTaxLiabilitiesCurrent>
    <sid:ProvisionsForTaxSocialSecurityLaborAndCivilRisks contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">81073000</sid:ProvisionsForTaxSocialSecurityLaborAndCivilRisks>
    <sid:ProvisionsForTaxSocialSecurityLaborAndCivilRisks contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">96479000</sid:ProvisionsForTaxSocialSecurityLaborAndCivilRisks>
    <ifrs-full:TradeAndOtherCurrentPayablesToRelatedParties contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">1100772000</ifrs-full:TradeAndOtherCurrentPayablesToRelatedParties>
    <ifrs-full:TradeAndOtherCurrentPayablesToRelatedParties contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">787604000</ifrs-full:TradeAndOtherCurrentPayablesToRelatedParties>
    <ifrs-full:CurrentDividendPayables contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">946133000</ifrs-full:CurrentDividendPayables>
    <ifrs-full:CurrentDividendPayables contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">13252000</ifrs-full:CurrentDividendPayables>
    <ifrs-full:DeferredTaxLiabilities contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">618836000</ifrs-full:DeferredTaxLiabilities>
    <ifrs-full:DeferredTaxLiabilities contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">589539000</ifrs-full:DeferredTaxLiabilities>
    <ifrs-full:NoncurrentProvisions contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">554315000</ifrs-full:NoncurrentProvisions>
    <ifrs-full:NoncurrentProvisions contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">526768000</ifrs-full:NoncurrentProvisions>
    <ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">758426000</ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan>
    <ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">912184000</ifrs-full:NoncurrentRecognisedLiabilitiesDefinedBenefitPlan>
    <ifrs-full:AdditionalPaidinCapital contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">6040000000</ifrs-full:AdditionalPaidinCapital>
    <ifrs-full:AdditionalPaidinCapital contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">4540000000</ifrs-full:AdditionalPaidinCapital>
    <ifrs-full:OtherReserves contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">468291000</ifrs-full:OtherReserves>
    <ifrs-full:OtherReserves contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">278576000</ifrs-full:OtherReserves>
    <ifrs-full:RetainedEarnings contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">5414323000</ifrs-full:RetainedEarnings>
    <ifrs-full:RetainedEarnings contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">4210888000</ifrs-full:RetainedEarnings>
    <ifrs-full:AccumulatedOtherComprehensiveIncome contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">-1983619000</ifrs-full:AccumulatedOtherComprehensiveIncome>
    <ifrs-full:AccumulatedOtherComprehensiveIncome contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">1170624000</ifrs-full:AccumulatedOtherComprehensiveIncome>
    <ifrs-full:EquityAttributableToOwnersOfParent contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">9913451000</ifrs-full:EquityAttributableToOwnersOfParent>
    <ifrs-full:EquityAttributableToOwnersOfParent contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">10174544000</ifrs-full:EquityAttributableToOwnersOfParent>
    <ifrs-full:NoncontrollingInterests contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">1338054000</ifrs-full:NoncontrollingInterests>
    <ifrs-full:NoncontrollingInterests contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">1187388000</ifrs-full:NoncontrollingInterests>
    <ifrs-full:EquityAndLiabilities contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">63002149000</ifrs-full:EquityAndLiabilities>
    <ifrs-full:EquityAndLiabilities contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">50869276000</ifrs-full:EquityAndLiabilities>
    <ifrs-full:EquityAndLiabilities contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="BRL" decimals="-3">9855211000</ifrs-full:EquityAndLiabilities>
    <ifrs-full:EquityAndLiabilities contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565" unitRef="BRL" decimals="-3">9306649000</ifrs-full:EquityAndLiabilities>
    <ifrs-full:EquityAndLiabilities contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">11202887000</ifrs-full:EquityAndLiabilities>
    <ifrs-full:EquityAndLiabilities contextRef="AsOf2020-12-31_custom_EquimacSAMember" unitRef="BRL" decimals="-3">15072000</ifrs-full:EquityAndLiabilities>
    <ifrs-full:EquityAndLiabilities contextRef="AsOf2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">550661000</ifrs-full:EquityAndLiabilities>
    <ifrs-full:EquityAndLiabilities contextRef="AsOf2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">11122272000</ifrs-full:EquityAndLiabilities>
    <ifrs-full:EquityAndLiabilities contextRef="AsOf2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">532875000</ifrs-full:EquityAndLiabilities>
    <ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">71755000</ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod>
    <ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">125715000</ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod>
    <ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">135706000</ifrs-full:ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod>
    <ifrs-full:FinanceCosts contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">2599039000</ifrs-full:FinanceCosts>
    <ifrs-full:FinanceCosts contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">2510226000</ifrs-full:FinanceCosts>
    <ifrs-full:FinanceCosts contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">2806157000</ifrs-full:FinanceCosts>
    <ifrs-full:ProfitLossBeforeTax contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">4918126000</ifrs-full:ProfitLossBeforeTax>
    <ifrs-full:ProfitLossBeforeTax contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1410733000</ifrs-full:ProfitLossBeforeTax>
    <ifrs-full:ProfitLossBeforeTax contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">5450917000</ifrs-full:ProfitLossBeforeTax>
    <ifrs-full:ProfitLossBeforeTax contextRef="From2020-01-01to2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">646951000</ifrs-full:ProfitLossBeforeTax>
    <ifrs-full:ProfitLossBeforeTax contextRef="From2020-01-01to2020-12-31_custom_TransnordestinaLogisticaSAMember979495614" unitRef="BRL" decimals="-3">-61259000</ifrs-full:ProfitLossBeforeTax>
    <ifrs-full:ProfitLossBeforeTax contextRef="From2020-01-01to2020-12-31_custom_EquimacSAMember" unitRef="BRL" decimals="-3">-658000</ifrs-full:ProfitLossBeforeTax>
    <ifrs-full:ProfitLossBeforeTax contextRef="From2019-01-01to2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">757732000</ifrs-full:ProfitLossBeforeTax>
    <ifrs-full:ProfitLossBeforeTax contextRef="From2019-01-01to2019-12-31_custom_TransnordestinaLogisticaSAMember" unitRef="BRL" decimals="-3">-36463000</ifrs-full:ProfitLossBeforeTax>
    <ifrs-full:ProfitLossBeforeTax contextRef="From2020-01-01to2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">30729000</ifrs-full:ProfitLossBeforeTax>
    <ifrs-full:ProfitLossBeforeTax contextRef="From2019-01-01to2019-12-31_custom_CBSIMember" unitRef="BRL" decimals="-3">19818000</ifrs-full:ProfitLossBeforeTax>
    <ifrs-full:ProfitLossBeforeTax contextRef="From2019-01-01to2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">18442000</ifrs-full:ProfitLossBeforeTax>
    <ifrs-full:ProfitLossAttributableToNoncontrollingInterests contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">498323000</ifrs-full:ProfitLossAttributableToNoncontrollingInterests>
    <ifrs-full:ProfitLossAttributableToNoncontrollingInterests contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">455444000</ifrs-full:ProfitLossAttributableToNoncontrollingInterests>
    <ifrs-full:ProfitLossAttributableToNoncontrollingInterests contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">126447000</ifrs-full:ProfitLossAttributableToNoncontrollingInterests>
    <ifrs-full:BasicEarningsLossPerShare contextRef="From2020-01-01to2020-12-31" unitRef="BRLPShares" decimals="INF">2.74926</ifrs-full:BasicEarningsLossPerShare>
    <ifrs-full:BasicEarningsLossPerShare contextRef="From2019-01-01to2019-12-31" unitRef="BRLPShares" decimals="INF">1.29632</ifrs-full:BasicEarningsLossPerShare>
    <ifrs-full:BasicEarningsLossPerShare contextRef="From2018-01-01to2018-12-31" unitRef="BRLPShares" decimals="INF">3.69498</ifrs-full:BasicEarningsLossPerShare>
    <ifrs-full:DilutedEarningsLossPerShare contextRef="From2020-01-01to2020-12-31" unitRef="BRLPShares" decimals="INF">2.74926</ifrs-full:DilutedEarningsLossPerShare>
    <ifrs-full:DilutedEarningsLossPerShare contextRef="From2019-01-01to2019-12-31" unitRef="BRLPShares" decimals="INF">1.29632</ifrs-full:DilutedEarningsLossPerShare>
    <ifrs-full:DilutedEarningsLossPerShare contextRef="From2018-01-01to2018-12-31" unitRef="BRLPShares" decimals="INF">3.69498</ifrs-full:DilutedEarningsLossPerShare>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">879000</ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">424000</ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">903000</ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">132059000</ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-113518000</ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans>
    <ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">413000</ifrs-full:OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans>
    <ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">132938000</ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax>
    <ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-113094000</ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax>
    <ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">1316000</ifrs-full:OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax>
    <ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">581175000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax>
    <ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">32922000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax>
    <ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-87101000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax>
    <ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax contextRef="From2020-01-01to2020-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">581175000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax>
    <ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax contextRef="From2018-01-01to2018-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">-87101000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax>
    <ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax contextRef="From2020-01-01to2020-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">581175000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax>
    <ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax contextRef="From2018-01-01to2018-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">-87101000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax>
    <ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax contextRef="From2019-01-01to2019-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">32922000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax>
    <ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax contextRef="From2019-01-01to2019-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">32922000</ifrs-full:GainsLossesOnExchangeDifferencesOnTranslationNetOfTax>
    <ifrs-full:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">6102000</ifrs-full:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax>
    <ifrs-full:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-2288000</ifrs-full:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax>
    <ifrs-full:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-105000</ifrs-full:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax>
    <ifrs-full:GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax contextRef="From2020-01-01to2020-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax contextRef="From2019-01-01to2019-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-1559680000</ifrs-full:GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax>
    <sid:LossGainOnBusinessCombination contextRef="From2020-01-01to2020-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:LossGainOnBusinessCombination contextRef="From2019-01-01to2019-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:LossGainOnBusinessCombination contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-651000</sid:LossGainOnBusinessCombination>
    <ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-4824000</ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax>
    <ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">2472000</ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax>
    <ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-21852000</ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax>
    <ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax contextRef="From2020-01-01to2020-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">-4824000</ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax>
    <ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax contextRef="From2018-01-01to2018-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">-21852000</ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax>
    <ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax contextRef="From2020-01-01to2020-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">-4824000</ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax>
    <ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax contextRef="From2018-01-01to2018-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">-21852000</ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax>
    <ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax contextRef="From2019-01-01to2019-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">2472000</ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax>
    <ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax contextRef="From2019-01-01to2019-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">2472000</ifrs-full:GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax>
    <sid:CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-186878000</sid:CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes>
    <sid:CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes contextRef="From2019-01-01to2019-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes contextRef="From2018-01-01to2018-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:LossgainCashFlowHedgeAccountingPlatts contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-187423000</sid:LossgainCashFlowHedgeAccountingPlatts>
    <sid:LossgainCashFlowHedgeAccountingPlatts contextRef="From2019-01-01to2019-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:LossgainCashFlowHedgeAccountingPlatts contextRef="From2018-01-01to2018-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-3287380000</ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax>
    <ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">218631000</ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax>
    <ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-2715160000</ifrs-full:OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax>
    <ifrs-full:ComprehensiveIncome contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1138176000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">2350048000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncome contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">2486739000</ifrs-full:ComprehensiveIncome>
    <ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">640052000</ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent>
    <ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1894503000</ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent>
    <ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">2360292000</ifrs-full:ComprehensiveIncomeAttributableToOwnersOfParent>
    <ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">498124000</ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests>
    <ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">455545000</ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests>
    <ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">126447000</ifrs-full:ComprehensiveIncomeAttributableToNoncontrollingInterests>
    <ifrs-full:ProportionOfOwnershipInterestInJointOperation contextRef="From2020-01-01to2020-12-31_custom_ItaEnergeticaSAMember" unitRef="Pure" decimals="INF">0.4875</ifrs-full:ProportionOfOwnershipInterestInJointOperation>
    <ifrs-full:ProportionOfOwnershipInterestInJointOperation contextRef="From2020-01-01to2020-12-31_custom_ConsorcioDaUsinaHidreletricaDeIgarapavaMember" unitRef="Pure" decimals="INF">0.1792</ifrs-full:ProportionOfOwnershipInterestInJointOperation>
    <ifrs-full:ProportionOfOwnershipInterestInJointOperation contextRef="From2019-01-01to2019-12-31_custom_ItaEnergeticaSAMember" unitRef="Pure" decimals="INF">0.4875</ifrs-full:ProportionOfOwnershipInterestInJointOperation>
    <ifrs-full:ProportionOfOwnershipInterestInJointOperation contextRef="From2019-01-01to2019-12-31_custom_ConsorcioDaUsinaHidreletricaDeIgarapavaMember" unitRef="Pure" decimals="INF">0.1792</ifrs-full:ProportionOfOwnershipInterestInJointOperation>
    <ifrs-full:ProportionOfOwnershipInterestInJointVenture contextRef="From2020-01-01to2020-12-31_custom_MRSLogisticaSAMember" unitRef="Pure" id="Foot-45-1" decimals="INF">0.1864</ifrs-full:ProportionOfOwnershipInterestInJointVenture>
    <ifrs-full:ProportionOfOwnershipInterestInJointVenture contextRef="From2020-01-01to2020-12-31_custom_AcerosDelOrinocoSAMember" unitRef="Pure" decimals="INF">0.3182</ifrs-full:ProportionOfOwnershipInterestInJointVenture>
    <ifrs-full:ProportionOfOwnershipInterestInJointVenture contextRef="From2020-01-01to2020-12-31_custom_TransnordestinaLogisticaSAMember979495614" unitRef="Pure" id="Foot-43-1" decimals="INF">0.4726</ifrs-full:ProportionOfOwnershipInterestInJointVenture>
    <ifrs-full:ProportionOfOwnershipInterestInJointVenture contextRef="From2020-01-01to2020-12-31_custom_EquimacSAMember" unitRef="Pure" id="Foot-21-3" decimals="INF">0.5000</ifrs-full:ProportionOfOwnershipInterestInJointVenture>
    <ifrs-full:ProportionOfOwnershipInterestInJointVenture contextRef="From2020-01-01to2020-12-31_custom_MRSLogisticaSA1Member" unitRef="Pure" id="Foot-45-2" decimals="INF">0.1630</ifrs-full:ProportionOfOwnershipInterestInJointVenture>
    <ifrs-full:ProportionOfOwnershipInterestInJointVenture contextRef="From2019-01-01to2019-12-31_custom_MRSLogisticaSAMember" unitRef="Pure" id="Foot-45-3" decimals="INF">0.1864</ifrs-full:ProportionOfOwnershipInterestInJointVenture>
    <ifrs-full:ProportionOfOwnershipInterestInJointVenture contextRef="From2019-01-01to2019-12-31_custom_AcerosDelOrinocoSAMember" unitRef="Pure" decimals="INF">0.3182</ifrs-full:ProportionOfOwnershipInterestInJointVenture>
    <ifrs-full:ProportionOfOwnershipInterestInJointVenture contextRef="From2019-01-01to2019-12-31_custom_TransnordestinaLogisticaSAMember" unitRef="Pure" id="Foot-43-2" decimals="INF">0.4726</ifrs-full:ProportionOfOwnershipInterestInJointVenture>
    <ifrs-full:ProportionOfOwnershipInterestInJointVenture contextRef="From2019-01-01to2019-12-31_custom_MRSLogisticaSA1Member" unitRef="Pure" id="Foot-45-4" decimals="INF">0.1630</ifrs-full:ProportionOfOwnershipInterestInJointVenture>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2020-01-01to2020-12-31_custom_ArvediMetalferDoBrasilSAMember" unitRef="Pure" decimals="INF">0.2000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <ifrs-full:ProportionOfOwnershipInterestInAssociate contextRef="From2019-01-01to2019-12-31_custom_ArvediMetalferDoBrasilSAMember" unitRef="Pure" decimals="INF">0.2000</ifrs-full:ProportionOfOwnershipInterestInAssociate>
    <sid:EquityInterestInExclusiveFundsPercentage contextRef="From2020-01-01to2020-12-31_custom_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember" unitRef="Pure" decimals="INF">1.0000</sid:EquityInterestInExclusiveFundsPercentage>
    <sid:EquityInterestInExclusiveFundsPercentage contextRef="From2020-01-01to2020-12-31_custom_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember" unitRef="Pure" decimals="INF">1.0000</sid:EquityInterestInExclusiveFundsPercentage>
    <sid:EquityInterestInExclusiveFundsPercentage contextRef="From2020-01-01to2020-12-31_custom_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember" unitRef="Pure" decimals="INF">1.0000</sid:EquityInterestInExclusiveFundsPercentage>
    <sid:EquityInterestInExclusiveFundsPercentage contextRef="From2019-01-01to2019-12-31_custom_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember" unitRef="Pure" decimals="INF">1.0000</sid:EquityInterestInExclusiveFundsPercentage>
    <sid:EquityInterestInExclusiveFundsPercentage contextRef="From2019-01-01to2019-12-31_custom_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember" unitRef="Pure" decimals="INF">1.0000</sid:EquityInterestInExclusiveFundsPercentage>
    <sid:EquityInterestInExclusiveFundsPercentage contextRef="From2019-01-01to2019-12-31_custom_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember" unitRef="Pure" decimals="INF">1.0000</sid:EquityInterestInExclusiveFundsPercentage>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSNIslandsVIICorpMember">Financial transactions</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSNInovaVenturesMember" id="Foot-18-3">Financial transactions</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSNIslandsXIICorpMember">Financial transactions</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSNSteelSLUMember">Equity interests and Financial transactions</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_TdBBSAMember" id="Foot-19-3">Equity interests</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_SepetibaTeconSAMember">Port services </ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_MineriosNacionalSAMember">Mining and Equity interests</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CompanhiaFlorestaldoBrasilMember">Reforestation</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_EstanhoDeRondoniaSAMember">Tin Mining</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CompanhiaMetalurgicaPradaMember">Manufacture of containers and distribution of steel products</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSNMineracaoSAMember">Mining</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSNEnergiaSAMember">Sale of electric power</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_FTLFerroviaTransnordestinaLogisticaSAMember">Railroad logistics</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_NordesteLogisticaSAMember">Port services</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSNInovaLtdMember">Advisory and implementation of new development projec</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSNEquipamentosSAMember" id="Foot-21-4">Rental of commercial and industrial machinery and equipment</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember">Equity interests and product sales and iron ore</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSNCimentosSAMember" id="Foot-20-4">Manufacturing and sale of cement</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_LusosiderProjectosSiderurgicosSAMember">Equity interests and product sales</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_LusosiderAcosPlanosSAMember">Steel and Equity interests</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSNResourcesSAMember">Financial transactions and Equity interests</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CompanhiaBrasileiraDeLatasMember">Sale of cans and containers in general and Equity interests</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CompanhiaDeEmbalagensMetalicasMMSAMember">Production and sale of cans and related activities</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CompanhiaDeEmbalagensMetalicasMTMMember">Production and sale of cans and related activities</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSNSteelHoldings1SLUMember">Financial transactions, product sales and Equity interests</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSNProductosSiderurgicosSLMember">Financial transactions, product sales and Equity interests</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_StalhwerkThuringenGmbHMember">Production and sale of long steel and related activities</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSNSteelSectionsUKLimitedMember" id="Foot-22-1">Sale of long steel</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSNSteelSectionsPolskaSpZooMember">Financial transactions, product sales and Equity interests</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSNMiningHoldingSLMember">Financial transactions, product sales and Equity interests</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSNMiningGmbHMember">Financial transactions, product sales and Equity interests</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSNMiningAsiaLimitedMember">Commercial representation</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_LusosiderIbericaSAMember">Steel, commercial and industrial activities and equity interests</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSMiningPortugalUnipessoalLdaMember">Commercial and representation of products</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CompanhiaSiderurgicaNacionalLLCMember">Import and distribution/resale of products</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CSNCimentosSA1Member" id="Foot-20-5">Manufacturing and sale of cement</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_ItaEnergeticaSAMember">Electric power generation</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_ConsorcioDaUsinaHidreletricaDeIgarapavaMember">Electric power consortium</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_MRSLogisticaSAMember" id="Foot-45-5">Railroad transportation</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_AcerosDelOrinocoSAMember">Dormant company</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_TransnordestinaLogisticaSAMember979495614" id="Foot-43-3">Railroad logistics</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_EquimacSAMember" id="Foot-21-5">Rental of commercial and industrial machinery and equipment</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_MRSLogisticaSA1Member" id="Foot-45-6">Railroad transportation</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_ArvediMetalferDoBrasilSAMember">Metallurgy and Equity interests</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember">Investment fund</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember">Investment fund</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities contextRef="From2020-01-01to2020-12-31_custom_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember">Investment fund</ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities>
    <sid:CapitalIncreaseacquisitionOfShares contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">3400000</sid:CapitalIncreaseacquisitionOfShares>
    <sid:CapitalIncreaseacquisitionOfShares contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">27909000</sid:CapitalIncreaseacquisitionOfShares>
    <sid:DividendsInInvestment contextRef="From2020-01-01to2020-12-31" unitRef="BRL" id="Foot-57-0" decimals="-3">-82642000</sid:DividendsInInvestment>
    <sid:DividendsInInvestment contextRef="From2019-01-01to2019-12-31" unitRef="BRL" id="Foot-57-1" decimals="-3">-94603000</sid:DividendsInInvestment>
    <sid:UpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">12579000</sid:UpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii>
    <sid:UpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-118780000</sid:UpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii>
    <sid:ReclassificationOfUsiminasShares contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-2114620000</sid:ReclassificationOfUsiminasShares>
    <sid:ConsolidationOfCbsi contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-8775000</sid:ConsolidationOfCbsi>
    <sid:AmortizationOfFairValueInvestmentMrs contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-11747000</sid:AmortizationOfFairValueInvestmentMrs>
    <sid:AmortizationOfFairValueInvestmentMrs contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-11747000</sid:AmortizationOfFairValueInvestmentMrs>
    <sid:OthersInvestments contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">123000</sid:OthersInvestments>
    <sid:OthersInvestments contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">45000</sid:OthersInvestments>
    <sid:EliminationsToCostOfSales contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-46751000</sid:EliminationsToCostOfSales>
    <sid:EliminationsToCostOfSales contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-57908000</sid:EliminationsToCostOfSales>
    <sid:EliminationsToTaxes contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">15895000</sid:EliminationsToTaxes>
    <sid:EliminationsToTaxes contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">19689000</sid:EliminationsToTaxes>
    <sid:AmortizatedAtFairValueInvestmentInMrs contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-11747000</sid:AmortizatedAtFairValueInvestmentInMrs>
    <sid:AmortizatedAtFairValueInvestmentInMrs contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-11747000</sid:AmortizatedAtFairValueInvestmentInMrs>
    <sid:EquityInResults contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">71755000</sid:EquityInResults>
    <sid:EquityInResults contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">125715000</sid:EquityInResults>
    <ifrs-full:CurrentAdvancesToSuppliers contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="BRL" decimals="-3">1948000</ifrs-full:CurrentAdvancesToSuppliers>
    <ifrs-full:CurrentAdvancesToSuppliers contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565" unitRef="BRL" decimals="-3">3240000</ifrs-full:CurrentAdvancesToSuppliers>
    <ifrs-full:CurrentAdvancesToSuppliers contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">27312000</ifrs-full:CurrentAdvancesToSuppliers>
    <ifrs-full:CurrentAdvancesToSuppliers contextRef="AsOf2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">742000</ifrs-full:CurrentAdvancesToSuppliers>
    <ifrs-full:CurrentAdvancesToSuppliers contextRef="AsOf2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">20100000</ifrs-full:CurrentAdvancesToSuppliers>
    <ifrs-full:CurrentAdvancesToSuppliers contextRef="AsOf2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">363000</ifrs-full:CurrentAdvancesToSuppliers>
    <sid:InvestmentsPpeAndIntangibleAssets contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="BRL" decimals="-3">9574588000</sid:InvestmentsPpeAndIntangibleAssets>
    <sid:InvestmentsPpeAndIntangibleAssets contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565" unitRef="BRL" decimals="-3">8968447000</sid:InvestmentsPpeAndIntangibleAssets>
    <sid:InvestmentsPpeAndIntangibleAssets contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">8537009000</sid:InvestmentsPpeAndIntangibleAssets>
    <sid:InvestmentsPpeAndIntangibleAssets contextRef="AsOf2020-12-31_custom_EquimacSAMember" unitRef="BRL" decimals="-3">11365000</sid:InvestmentsPpeAndIntangibleAssets>
    <sid:InvestmentsPpeAndIntangibleAssets contextRef="AsOf2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">390672000</sid:InvestmentsPpeAndIntangibleAssets>
    <sid:InvestmentsPpeAndIntangibleAssets contextRef="AsOf2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">8316033000</sid:InvestmentsPpeAndIntangibleAssets>
    <sid:InvestmentsPpeAndIntangibleAssets contextRef="AsOf2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">426403000</sid:InvestmentsPpeAndIntangibleAssets>
    <ifrs-full:OtherCurrentLiabilities contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="BRL" decimals="-3">125794000</ifrs-full:OtherCurrentLiabilities>
    <ifrs-full:OtherCurrentLiabilities contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565" unitRef="BRL" decimals="-3">171821000</ifrs-full:OtherCurrentLiabilities>
    <ifrs-full:OtherCurrentLiabilities contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">1117975000</ifrs-full:OtherCurrentLiabilities>
    <ifrs-full:OtherCurrentLiabilities contextRef="AsOf2020-12-31_custom_EquimacSAMember" unitRef="BRL" decimals="-3">602000</ifrs-full:OtherCurrentLiabilities>
    <ifrs-full:OtherCurrentLiabilities contextRef="AsOf2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">19721000</ifrs-full:OtherCurrentLiabilities>
    <ifrs-full:OtherCurrentLiabilities contextRef="AsOf2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">1561684000</ifrs-full:OtherCurrentLiabilities>
    <ifrs-full:OtherCurrentLiabilities contextRef="AsOf2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">16793000</ifrs-full:OtherCurrentLiabilities>
    <ifrs-full:OtherNoncurrentLiabilities contextRef="AsOf2020-12-31_custom_TransnordestinaLogisticaSAMember1292800518" unitRef="BRL" decimals="-3">665653000</ifrs-full:OtherNoncurrentLiabilities>
    <ifrs-full:OtherNoncurrentLiabilities contextRef="AsOf2019-12-31_custom_TransnordestinaLogisticaSAMember1292800565" unitRef="BRL" decimals="-3">430603000</ifrs-full:OtherNoncurrentLiabilities>
    <ifrs-full:OtherNoncurrentLiabilities contextRef="AsOf2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">788862000</ifrs-full:OtherNoncurrentLiabilities>
    <ifrs-full:OtherNoncurrentLiabilities contextRef="AsOf2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">15900000</ifrs-full:OtherNoncurrentLiabilities>
    <ifrs-full:OtherNoncurrentLiabilities contextRef="AsOf2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">527871000</ifrs-full:OtherNoncurrentLiabilities>
    <ifrs-full:OtherNoncurrentLiabilities contextRef="AsOf2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">16550000</ifrs-full:OtherNoncurrentLiabilities>
    <sid:CurrentAndDeferredIncomeTaxAndSocialContribution contextRef="From2020-01-01to2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">-216649000</sid:CurrentAndDeferredIncomeTaxAndSocialContribution>
    <sid:CurrentAndDeferredIncomeTaxAndSocialContribution contextRef="From2019-01-01to2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">-254378000</sid:CurrentAndDeferredIncomeTaxAndSocialContribution>
    <sid:CurrentAndDeferredIncomeTaxAndSocialContribution contextRef="From2020-01-01to2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">-10391000</sid:CurrentAndDeferredIncomeTaxAndSocialContribution>
    <sid:CurrentAndDeferredIncomeTaxAndSocialContribution contextRef="From2019-01-01to2019-12-31_custom_CBSIMember" unitRef="BRL" decimals="-3">-6428000</sid:CurrentAndDeferredIncomeTaxAndSocialContribution>
    <sid:CurrentAndDeferredIncomeTaxAndSocialContribution contextRef="From2019-01-01to2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">-6147000</sid:CurrentAndDeferredIncomeTaxAndSocialContribution>
    <ifrs-full:ProfitLossFromContinuingOperations contextRef="From2020-01-01to2020-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">430302000</ifrs-full:ProfitLossFromContinuingOperations>
    <ifrs-full:ProfitLossFromContinuingOperations contextRef="From2020-01-01to2020-12-31_custom_TransnordestinaLogisticaSAMember979495614" unitRef="BRL" decimals="-3">-61259000</ifrs-full:ProfitLossFromContinuingOperations>
    <ifrs-full:ProfitLossFromContinuingOperations contextRef="From2020-01-01to2020-12-31_custom_EquimacSAMember" unitRef="BRL" decimals="-3">-658000</ifrs-full:ProfitLossFromContinuingOperations>
    <ifrs-full:ProfitLossFromContinuingOperations contextRef="From2019-01-01to2019-12-31_custom_MRSLogisticaSAMember" unitRef="BRL" decimals="-3">503354000</ifrs-full:ProfitLossFromContinuingOperations>
    <ifrs-full:ProfitLossFromContinuingOperations contextRef="From2019-01-01to2019-12-31_custom_TransnordestinaLogisticaSAMember" unitRef="BRL" decimals="-3">-36463000</ifrs-full:ProfitLossFromContinuingOperations>
    <ifrs-full:ProfitLossFromContinuingOperations contextRef="From2020-01-01to2020-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">20338000</ifrs-full:ProfitLossFromContinuingOperations>
    <ifrs-full:ProfitLossFromContinuingOperations contextRef="From2019-01-01to2019-12-31_custom_CBSIMember" unitRef="BRL" decimals="-3">13390000</ifrs-full:ProfitLossFromContinuingOperations>
    <ifrs-full:ProfitLossFromContinuingOperations contextRef="From2019-01-01to2019-12-31_custom_ItaEnergeticaMember" unitRef="BRL" decimals="-3">12295000</ifrs-full:ProfitLossFromContinuingOperations>
    <ifrs-full:InvestmentProperty contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">159874000</ifrs-full:InvestmentProperty>
    <ifrs-full:InvestmentProperty contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">159874000</ifrs-full:InvestmentProperty>
    <ifrs-full:InvestmentProperty contextRef="AsOf2018-12-31" unitRef="BRL" decimals="-3">101195000</ifrs-full:InvestmentProperty>
    <ifrs-full:InvestmentProperty contextRef="AsOf2019-12-31_ifrs-full_LandMember979725606" unitRef="BRL" decimals="-3">97610000</ifrs-full:InvestmentProperty>
    <ifrs-full:InvestmentProperty contextRef="AsOf2020-12-31_ifrs-full_LandMember979725637" unitRef="BRL" decimals="-3">97610000</ifrs-full:InvestmentProperty>
    <ifrs-full:InvestmentProperty contextRef="AsOf2019-12-31_ifrs-full_BuildingsMember979725669" unitRef="BRL" decimals="-3">62264000</ifrs-full:InvestmentProperty>
    <ifrs-full:InvestmentProperty contextRef="AsOf2020-12-31_ifrs-full_BuildingsMember979725684" unitRef="BRL" decimals="-3">62264000</ifrs-full:InvestmentProperty>
    <ifrs-full:InvestmentProperty contextRef="AsOf2018-12-31_ifrs-full_LandMember979725731" unitRef="BRL" decimals="-3">68877000</ifrs-full:InvestmentProperty>
    <ifrs-full:InvestmentProperty contextRef="AsOf2018-12-31_ifrs-full_BuildingsMember979725762" unitRef="BRL" decimals="-3">32318000</ifrs-full:InvestmentProperty>
    <sid:CostInInvestmentProperties contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">184158000</sid:CostInInvestmentProperties>
    <sid:CostInInvestmentProperties contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">122693000</sid:CostInInvestmentProperties>
    <sid:CostInInvestmentProperties contextRef="From2020-01-01to2020-12-31_ifrs-full_LandMember979725591" unitRef="BRL" decimals="-3">97610000</sid:CostInInvestmentProperties>
    <sid:CostInInvestmentProperties contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember979725637" unitRef="BRL" decimals="-3">86548000</sid:CostInInvestmentProperties>
    <sid:CostInInvestmentProperties contextRef="From2019-01-01to2019-12-31_ifrs-full_LandMember979725715" unitRef="BRL" decimals="-3">68877000</sid:CostInInvestmentProperties>
    <sid:CostInInvestmentProperties contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember979725747" unitRef="BRL" decimals="-3">53816000</sid:CostInInvestmentProperties>
    <sid:AccumulatedDepreciation contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-24284000</sid:AccumulatedDepreciation>
    <sid:AccumulatedDepreciation contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-21498000</sid:AccumulatedDepreciation>
    <sid:AccumulatedDepreciation contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember979725637" unitRef="BRL" decimals="-3">-24284000</sid:AccumulatedDepreciation>
    <sid:AccumulatedDepreciation contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember979725747" unitRef="BRL" decimals="-3">-21498000</sid:AccumulatedDepreciation>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsInvestmentProperty contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">61597000</ifrs-full:AcquisitionsThroughBusinessCombinationsInvestmentProperty>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsInvestmentProperty contextRef="From2020-01-01to2020-12-31_ifrs-full_LandMember979725591" unitRef="BRL" decimals="-3">28733000</ifrs-full:AcquisitionsThroughBusinessCombinationsInvestmentProperty>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsInvestmentProperty contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember979725637" unitRef="BRL" decimals="-3">32864000</ifrs-full:AcquisitionsThroughBusinessCombinationsInvestmentProperty>
    <ifrs-full:DepreciationInvestmentProperty contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-2786000</ifrs-full:DepreciationInvestmentProperty>
    <ifrs-full:DepreciationInvestmentProperty contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember979725637" unitRef="BRL" decimals="-3">-2786000</ifrs-full:DepreciationInvestmentProperty>
    <sid:WriteoffOfInvestmentProperties contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-132000</sid:WriteoffOfInvestmentProperties>
    <sid:WriteoffOfInvestmentProperties contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember979725637" unitRef="BRL" decimals="-3">-132000</sid:WriteoffOfInvestmentProperties>
    <sid:CashFlowProjection contextRef="From2020-01-01to2020-12-31_custom_CashFlowProjectionOneMember">Gross margin</sid:CashFlowProjection>
    <sid:CashFlowProjection contextRef="From2020-01-01to2020-12-31_custom_CashFlowProjectionTwoMember">Cost estimate</sid:CashFlowProjection>
    <sid:CashFlowProjection contextRef="From2020-01-01to2020-12-31_custom_CashFlowProjectionThreeMember">Perpetuity growth rate</sid:CashFlowProjection>
    <sid:CashFlowProjection contextRef="From2020-01-01to2020-12-31_custom_CashFlowProjectiFourMember">Discount rate</sid:CashFlowProjection>
    <sid:MeasurementOfRecoverableValueBy2057 contextRef="From2020-01-01to2020-12-31_custom_CashFlowProjectionOneMember">Estimated based on market study to capture cargo and operating costs according to market trend studies</sid:MeasurementOfRecoverableValueBy2057>
    <sid:MeasurementOfRecoverableValueBy2057 contextRef="From2020-01-01to2020-12-31_custom_CashFlowProjectionTwoMember">Study-based costs and market trends</sid:MeasurementOfRecoverableValueBy2057>
    <sid:MeasurementOfRecoverableValueBy2057 contextRef="From2020-01-01to2020-12-31_custom_CashFlowProjectionThreeMember">Growth rate was not considered as a result of the projection model until the end of the concession.</sid:MeasurementOfRecoverableValueBy2057>
    <sid:MeasurementOfRecoverableValueBy2057 contextRef="From2020-01-01to2020-12-31_custom_CashFlowProjectiFourMember">Range from 5.83% to 7.41% in real terms</sid:MeasurementOfRecoverableValueBy2057>
    <ifrs-full:IssueOfEquity contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-1248603000</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-1001556000</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-684930000</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity contextRef="From2020-01-01to2020-12-31_custom_PaidInCapitalMember" unitRef="BRL" decimals="-3">1500000000</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity contextRef="From2020-01-01to2020-12-31_ifrs-full_CapitalReserveMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IssueOfEquity contextRef="From2018-01-01to2018-12-31_ifrs-full_CapitalReserveMember" unitRef="BRL" decimals="-3">32690000</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity contextRef="From2020-01-01to2020-12-31_ifrs-full_MiscellaneousOtherReservesMember" unitRef="BRL" decimals="-3">-1500000000</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity contextRef="From2018-01-01to2018-12-31_ifrs-full_MiscellaneousOtherReservesMember" unitRef="BRL" decimals="-3">180712000</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity contextRef="From2020-01-01to2020-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" decimals="-3">-901145000</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity contextRef="From2018-01-01to2018-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" decimals="-3">-898332000</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity contextRef="From2020-01-01to2020-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">-901145000</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity contextRef="From2018-01-01to2018-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">-684930000</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity contextRef="From2020-01-01to2020-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">-347458000</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity contextRef="From2019-01-01to2019-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" decimals="-3">-422694000</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity contextRef="From2019-01-01to2019-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">-422694000</ifrs-full:IssueOfEquity>
    <ifrs-full:IssueOfEquity contextRef="From2019-01-01to2019-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">-578862000</ifrs-full:IssueOfEquity>
    <ifrs-full:PurchaseOfTreasuryShares contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">180712000</ifrs-full:PurchaseOfTreasuryShares>
    <ifrs-full:PurchaseOfTreasuryShares contextRef="From2018-01-01to2018-12-31_ifrs-full_MiscellaneousOtherReservesMember" unitRef="BRL" decimals="-3">180712000</ifrs-full:PurchaseOfTreasuryShares>
    <ifrs-full:PurchaseOfTreasuryShares contextRef="From2018-01-01to2018-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">180712000</ifrs-full:PurchaseOfTreasuryShares>
    <ifrs-full:DividendsPaidOrdinaryShares contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1198081000</ifrs-full:DividendsPaidOrdinaryShares>
    <ifrs-full:DividendsPaidOrdinaryShares contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">938745000</ifrs-full:DividendsPaidOrdinaryShares>
    <ifrs-full:DividendsPaidOrdinaryShares contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">898332000</ifrs-full:DividendsPaidOrdinaryShares>
    <ifrs-full:DividendsPaidOrdinaryShares contextRef="From2020-01-01to2020-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" decimals="-3">901145000</ifrs-full:DividendsPaidOrdinaryShares>
    <ifrs-full:DividendsPaidOrdinaryShares contextRef="From2018-01-01to2018-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" decimals="-3">898332000</ifrs-full:DividendsPaidOrdinaryShares>
    <ifrs-full:DividendsPaidOrdinaryShares contextRef="From2020-01-01to2020-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">901145000</ifrs-full:DividendsPaidOrdinaryShares>
    <ifrs-full:DividendsPaidOrdinaryShares contextRef="From2018-01-01to2018-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">898332000</ifrs-full:DividendsPaidOrdinaryShares>
    <ifrs-full:DividendsPaidOrdinaryShares contextRef="From2020-01-01to2020-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">296936000</ifrs-full:DividendsPaidOrdinaryShares>
    <ifrs-full:DividendsPaidOrdinaryShares contextRef="From2019-01-01to2019-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" decimals="-3">424903000</ifrs-full:DividendsPaidOrdinaryShares>
    <ifrs-full:DividendsPaidOrdinaryShares contextRef="From2019-01-01to2019-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">424903000</ifrs-full:DividendsPaidOrdinaryShares>
    <ifrs-full:DividendsPaidOrdinaryShares contextRef="From2019-01-01to2019-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">513842000</ifrs-full:DividendsPaidOrdinaryShares>
    <sid:ProfitOnDisposalOfShares contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">32690000</sid:ProfitOnDisposalOfShares>
    <sid:ProfitOnDisposalOfShares contextRef="From2018-01-01to2018-12-31_ifrs-full_CapitalReserveMember" unitRef="BRL" decimals="-3">32690000</sid:ProfitOnDisposalOfShares>
    <sid:ProfitOnDisposalOfShares contextRef="From2018-01-01to2018-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">32690000</sid:ProfitOnDisposalOfShares>
    <sid:ComprehensiveIncomeLoss contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1138176000</sid:ComprehensiveIncomeLoss>
    <sid:ComprehensiveIncomeLoss contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">2350048000</sid:ComprehensiveIncomeLoss>
    <sid:ComprehensiveIncomeLoss contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">2486739000</sid:ComprehensiveIncomeLoss>
    <sid:ComprehensiveIncomeLoss contextRef="From2020-01-01to2020-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" decimals="-3">3794295000</sid:ComprehensiveIncomeLoss>
    <sid:ComprehensiveIncomeLoss contextRef="From2018-01-01to2018-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" decimals="-3">5074136000</sid:ComprehensiveIncomeLoss>
    <sid:ComprehensiveIncomeLoss contextRef="From2020-01-01to2020-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">-3154243000</sid:ComprehensiveIncomeLoss>
    <sid:ComprehensiveIncomeLoss contextRef="From2018-01-01to2018-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">-2713844000</sid:ComprehensiveIncomeLoss>
    <sid:ComprehensiveIncomeLoss contextRef="From2020-01-01to2020-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">640052000</sid:ComprehensiveIncomeLoss>
    <sid:ComprehensiveIncomeLoss contextRef="From2018-01-01to2018-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">2360292000</sid:ComprehensiveIncomeLoss>
    <sid:ComprehensiveIncomeLoss contextRef="From2020-01-01to2020-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">498124000</sid:ComprehensiveIncomeLoss>
    <sid:ComprehensiveIncomeLoss contextRef="From2018-01-01to2018-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">126447000</sid:ComprehensiveIncomeLoss>
    <sid:ComprehensiveIncomeLoss contextRef="From2019-01-01to2019-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" decimals="-3">1789067000</sid:ComprehensiveIncomeLoss>
    <sid:ComprehensiveIncomeLoss contextRef="From2019-01-01to2019-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">105436000</sid:ComprehensiveIncomeLoss>
    <sid:ComprehensiveIncomeLoss contextRef="From2019-01-01to2019-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">1894503000</sid:ComprehensiveIncomeLoss>
    <sid:ComprehensiveIncomeLoss contextRef="From2019-01-01to2019-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">455545000</sid:ComprehensiveIncomeLoss>
    <sid:OtherComprehensiveIncomeLoss contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-3154442000</sid:OtherComprehensiveIncomeLoss>
    <sid:OtherComprehensiveIncomeLoss contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">105537000</sid:OtherComprehensiveIncomeLoss>
    <sid:OtherComprehensiveIncomeLoss contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-2713844000</sid:OtherComprehensiveIncomeLoss>
    <sid:OtherComprehensiveIncomeLoss contextRef="From2020-01-01to2020-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">-3154243000</sid:OtherComprehensiveIncomeLoss>
    <sid:OtherComprehensiveIncomeLoss contextRef="From2018-01-01to2018-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">-2713844000</sid:OtherComprehensiveIncomeLoss>
    <sid:OtherComprehensiveIncomeLoss contextRef="From2020-01-01to2020-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">-3154243000</sid:OtherComprehensiveIncomeLoss>
    <sid:OtherComprehensiveIncomeLoss contextRef="From2018-01-01to2018-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">-2713844000</sid:OtherComprehensiveIncomeLoss>
    <sid:OtherComprehensiveIncomeLoss contextRef="From2020-01-01to2020-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">-199000</sid:OtherComprehensiveIncomeLoss>
    <sid:OtherComprehensiveIncomeLoss contextRef="From2019-01-01to2019-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">105436000</sid:OtherComprehensiveIncomeLoss>
    <sid:OtherComprehensiveIncomeLoss contextRef="From2019-01-01to2019-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">105436000</sid:OtherComprehensiveIncomeLoss>
    <sid:OtherComprehensiveIncomeLoss contextRef="From2019-01-01to2019-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">101000</sid:OtherComprehensiveIncomeLoss>
    <sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">132938000</sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset>
    <sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-113388000</sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset>
    <sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">1316000</sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset>
    <sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">133069000</sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset>
    <sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset contextRef="From2018-01-01to2018-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">1316000</sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset>
    <sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">133069000</sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset>
    <sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset contextRef="From2018-01-01to2018-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">1316000</sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset>
    <sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">-131000</sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset>
    <sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">-113195000</sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset>
    <sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">-113195000</sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset>
    <sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">-193000</sid:ActuarialGainsLossesNetDefinedBenefitLiabilityAsset>
    <ifrs-full:GainsLossesOnAvailableforsaleFinancialAssets contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-1559680000</ifrs-full:GainsLossesOnAvailableforsaleFinancialAssets>
    <ifrs-full:GainsLossesOnAvailableforsaleFinancialAssets contextRef="From2018-01-01to2018-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">-1559680000</ifrs-full:GainsLossesOnAvailableforsaleFinancialAssets>
    <ifrs-full:GainsLossesOnAvailableforsaleFinancialAssets contextRef="From2018-01-01to2018-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">-1559680000</ifrs-full:GainsLossesOnAvailableforsaleFinancialAssets>
    <sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1 contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">6102000</sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1>
    <sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1 contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-1994000</sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1>
    <sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1 contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-105000</sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1>
    <sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1 contextRef="From2020-01-01to2020-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">6102000</sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1>
    <sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1 contextRef="From2018-01-01to2018-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">-105000</sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1>
    <sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1 contextRef="From2020-01-01to2020-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">6102000</sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1>
    <sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1 contextRef="From2018-01-01to2018-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">-105000</sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1>
    <sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1 contextRef="From2019-01-01to2019-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">-2288000</sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1>
    <sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1 contextRef="From2019-01-01to2019-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">-2288000</sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1>
    <sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1 contextRef="From2019-01-01to2019-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">294000</sid:GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1>
    <ifrs-full:GainsLossesOnHedgingInstrument contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-3869833000</ifrs-full:GainsLossesOnHedgingInstrument>
    <ifrs-full:GainsLossesOnHedgingInstrument contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">185525000</ifrs-full:GainsLossesOnHedgingInstrument>
    <ifrs-full:GainsLossesOnHedgingInstrument contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-1045771000</ifrs-full:GainsLossesOnHedgingInstrument>
    <ifrs-full:GainsLossesOnHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">-3869765000</ifrs-full:GainsLossesOnHedgingInstrument>
    <ifrs-full:GainsLossesOnHedgingInstrument contextRef="From2018-01-01to2018-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">-1045771000</ifrs-full:GainsLossesOnHedgingInstrument>
    <ifrs-full:GainsLossesOnHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">-3869765000</ifrs-full:GainsLossesOnHedgingInstrument>
    <ifrs-full:GainsLossesOnHedgingInstrument contextRef="From2018-01-01to2018-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">-1045771000</ifrs-full:GainsLossesOnHedgingInstrument>
    <ifrs-full:GainsLossesOnHedgingInstrument contextRef="From2020-01-01to2020-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">-68000</ifrs-full:GainsLossesOnHedgingInstrument>
    <ifrs-full:GainsLossesOnHedgingInstrument contextRef="From2019-01-01to2019-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">185525000</ifrs-full:GainsLossesOnHedgingInstrument>
    <ifrs-full:GainsLossesOnHedgingInstrument contextRef="From2019-01-01to2019-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">185525000</ifrs-full:GainsLossesOnHedgingInstrument>
    <sid:GainLossOnBusinessCombination contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-651000</sid:GainLossOnBusinessCombination>
    <sid:GainLossOnBusinessCombination contextRef="From2018-01-01to2018-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" decimals="-3">-651000</sid:GainLossOnBusinessCombination>
    <sid:GainLossOnBusinessCombination contextRef="From2018-01-01to2018-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">-651000</sid:GainLossOnBusinessCombination>
    <sid:IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves contextRef="From2020-01-01to2020-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves contextRef="From2020-01-01to2020-12-31_ifrs-full_MiscellaneousOtherReservesMember" unitRef="BRL" decimals="-3">2893150000</sid:IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves>
    <sid:IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves contextRef="From2018-01-01to2018-12-31_ifrs-full_MiscellaneousOtherReservesMember" unitRef="BRL" decimals="-3">2884115000</sid:IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves>
    <sid:IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves contextRef="From2020-01-01to2020-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" decimals="-3">-2893150000</sid:IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves>
    <sid:IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves contextRef="From2018-01-01to2018-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" decimals="-3">-2884115000</sid:IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves>
    <sid:IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves contextRef="From2020-01-01to2020-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" xsi:nil="true" />
    <sid:IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves contextRef="From2019-01-01to2019-12-31_ifrs-full_MiscellaneousOtherReservesMember" unitRef="BRL" decimals="-3">1366373000</sid:IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves>
    <sid:IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves contextRef="From2019-01-01to2019-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" decimals="-3">-1366373000</sid:IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves>
    <sid:NoncontrollingInterestsInSubsidiaries contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">-76598000</sid:NoncontrollingInterestsInSubsidiaries>
    <sid:NoncontrollingInterestsInSubsidiaries contextRef="From2018-01-01to2018-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">-76598000</sid:NoncontrollingInterestsInSubsidiaries>
    <ifrs-full:PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">50522000</ifrs-full:PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod>
    <ifrs-full:PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">65000</ifrs-full:PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod>
    <ifrs-full:PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod contextRef="From2020-01-01to2020-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">50522000</ifrs-full:PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod>
    <ifrs-full:PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod contextRef="From2019-01-01to2019-12-31_ifrs-full_NoncontrollingInterestsMember" unitRef="BRL" decimals="-3">65000</ifrs-full:PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod>
    <ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">2209000</ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests>
    <ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests contextRef="From2019-01-01to2019-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" decimals="-3">2209000</ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests>
    <ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests contextRef="From2019-01-01to2019-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" decimals="-3">2209000</ifrs-full:DividendsRecognisedAsDistributionsToNoncontrollingInterests>
    <sid:ProposedCapitalIncrease contextRef="From2020-01-01to2020-12-31_custom_PaidInCapitalMember" unitRef="BRL" decimals="-3">1500000000</sid:ProposedCapitalIncrease>
    <sid:ProposedCapitalIncrease contextRef="From2020-01-01to2020-12-31_ifrs-full_MiscellaneousOtherReservesMember" unitRef="BRL" decimals="-3">-1500000000</sid:ProposedCapitalIncrease>
    <sid:ProposedCapitalIncrease contextRef="From2020-01-01to2020-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" xsi:nil="true" />
    <sid:ProposedCapitalIncrease contextRef="From2020-01-01to2020-12-31_ifrs-full_EquityAttributableToOwnersOfParentMember" unitRef="BRL" xsi:nil="true" />
    <sid:InternalChangesInShareholdersEquity contextRef="From2020-01-01to2020-12-31" unitRef="BRL" xsi:nil="true" />
    <sid:InternalChangesInShareholdersEquity contextRef="From2020-01-01to2020-12-31_custom_PaidInCapitalMember" unitRef="BRL" xsi:nil="true" />
    <sid:InternalChangesInShareholdersEquity contextRef="From2020-01-01to2020-12-31_ifrs-full_CapitalReserveMember" unitRef="BRL" xsi:nil="true" />
    <sid:InternalChangesInShareholdersEquity contextRef="From2020-01-01to2020-12-31_ifrs-full_MiscellaneousOtherReservesMember" unitRef="BRL" decimals="-3">2893150000</sid:InternalChangesInShareholdersEquity>
    <sid:InternalChangesInShareholdersEquity contextRef="From2020-01-01to2020-12-31_ifrs-full_RetainedEarningsMember" unitRef="BRL" decimals="-3">-2893150000</sid:InternalChangesInShareholdersEquity>
    <sid:InternalChangesInShareholdersEquity contextRef="From2020-01-01to2020-12-31_ifrs-full_AccumulatedOtherComprehensiveIncomeMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:ShareIssueRelatedCost contextRef="From2019-11-12to2019-11-13_custom_FTLFERROVIATRANSNORDESTINALOGiSTICASAMember" unitRef="BRL" decimals="-3">27670000</ifrs-full:ShareIssueRelatedCost>
    <sid:PercentageOfInterest contextRef="From2019-11-12to2019-11-13_custom_FtlFerroviaTransnordestionaLogisticAsaMember_ifrs-full_BottomOfRangeMember" unitRef="Pure" decimals="INF">0.9169</sid:PercentageOfInterest>
    <sid:PercentageOfInterest contextRef="From2019-11-12to2019-11-13_custom_FtlFerroviaTransnordestionaLogisticAsaMember_ifrs-full_TopOfRangeMember" unitRef="Pure" decimals="INF">0.9238</sid:PercentageOfInterest>
    <sid:PercentageOfInterest contextRef="From2015-11-29to2015-11-30_custom_CSNMINERACAOSAMember" unitRef="Pure" decimals="INF">0.8752</sid:PercentageOfInterest>
    <sid:PercentageOfInterest contextRef="From2019-11-28to2019-11-29_custom_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember" unitRef="Pure" decimals="INF">0.50</sid:PercentageOfInterest>
    <sid:PercentageOfInterest contextRef="From2020-01-01to2020-12-31_custom_ENGIEBrasilEnergiaSAMember" unitRef="Pure" decimals="INF">0.4875</sid:PercentageOfInterest>
    <sid:PercentageOfInterest contextRef="From2020-01-01to2020-12-31_custom_CONSORCIODAUSINAHIDRELETRICADEIGARAPAVAMember" unitRef="Pure" decimals="INF">0.1792</sid:PercentageOfInterest>
    <sid:PercentageOfInterest contextRef="From2020-01-01to2020-12-31_custom_PANATLANTICASAMember" unitRef="Pure" decimals="INF">0.1131</sid:PercentageOfInterest>
    <sid:PercentageOfInterest contextRef="From2020-01-01to2020-12-31_custom_TransLogisticaSAMember" unitRef="Pure" decimals="INF">0.4726</sid:PercentageOfInterest>
    <sid:PercentageOfStakes contextRef="AsOf2015-11-30_custom_MRSMember" unitRef="Pure" decimals="INF">0.1863</sid:PercentageOfStakes>
    <sid:PercentageOfStakes contextRef="AsOf2020-12-31_custom_CKTRBrasilServicosLtdaMember" unitRef="Pure" decimals="INF">0.50</sid:PercentageOfStakes>
    <sid:PercentageOfStakes contextRef="AsOf2020-12-31_custom_EQUIMACSAMember" unitRef="Pure" decimals="INF">0.50</sid:PercentageOfStakes>
    <sid:PercentageOfStakes contextRef="AsOf2020-12-31_custom_ARVEDIMETALFERDOBRASILSAMember" unitRef="Pure" decimals="INF">0.2000</sid:PercentageOfStakes>
    <sid:PercentageOfStakes contextRef="AsOf2020-12-31_custom_CommonSharesMember" unitRef="Pure" decimals="INF">0.1519</sid:PercentageOfStakes>
    <sid:PercentageOfStakes contextRef="AsOf2020-12-31_custom_PreferredSharesMember" unitRef="Pure" decimals="INF">0.2029</sid:PercentageOfStakes>
    <sid:AcquisitionSharesAmount contextRef="AsOf2019-11-29_custom_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember" unitRef="BRL" decimals="-3">24000000</sid:AcquisitionSharesAmount>
    <ifrs-full:Goodwill contextRef="AsOf2019-11-29_custom_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember" unitRef="BRL" decimals="-3">15225000</ifrs-full:Goodwill>
    <sid:ConcessionTerm contextRef="From2020-01-01to2020-12-31_custom_MRSLOGISTICASAMember">P30Y</sid:ConcessionTerm>
    <sid:DescriptionOfHoldingInOtherEntity contextRef="From2020-01-01to2020-12-31_custom_MRSLOGISTICASAMember">The Company directly holds an 18.64% interest in the capital of MRS and indirectly, through its subsidiary CSN Mineracao SA, a 16.30% interest in the capital of MRS, totaling a 34.94% interest.</sid:DescriptionOfHoldingInOtherEntity>
    <sid:OtherExpense contextRef="From2020-01-01to2020-12-31_custom_CONSORCIODAUSINAHIDRELETRICADEIGARAPAVAMember" unitRef="BRL" decimals="-3">6611000</sid:OtherExpense>
    <sid:OtherExpense contextRef="From2019-01-01to2019-12-31_custom_ConsorcioDaUsinaHidreletricaDeIgarapavaMember1085924238" unitRef="BRL" decimals="-3">6497000</sid:OtherExpense>
    <sid:FairValueOfInvestmentProperties contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">1863563000</sid:FairValueOfInvestmentProperties>
    <sid:FairValueOfInvestmentProperties contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">1781019000</sid:FairValueOfInvestmentProperties>
    <sid:NumberOfSharesHeld contextRef="AsOf2020-12-31" unitRef="Shares" decimals="INF">4450652</sid:NumberOfSharesHeld>
    <sid:NumberOfSharesHeld contextRef="AsOf2019-12-31" unitRef="Shares" decimals="INF">1870652</sid:NumberOfSharesHeld>
    <sid:PlanAssetsValue contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">5700000000</sid:PlanAssetsValue>
    <sid:PlanAssetsValue contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">5500000000</sid:PlanAssetsValue>
    <sid:ParticipantsSalaryTerm contextRef="From2020-01-01to2020-12-31_custom_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember">P12M</sid:ParticipantsSalaryTerm>
    <sid:ParticipantsSalaryTerm contextRef="From2020-01-01to2020-12-31_custom_AverageSalarySupplementationPlanMember">P12M</sid:ParticipantsSalaryTerm>
    <sid:PensionPlanExpense contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">41050000</sid:PensionPlanExpense>
    <sid:PensionPlanExpense contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">40644000</sid:PensionPlanExpense>
    <ifrs-full:EstimateOfContributionsExpectedToBePaidToPlan contextRef="From2020-01-01to2020-12-31_custom_MixedSupplementaryBenefitPlanMember_ifrs-full_NotLaterThanOneYearMember" unitRef="BRL" decimals="-3">21563000</ifrs-full:EstimateOfContributionsExpectedToBePaidToPlan>
    <sid:DescriptionOfPensionFundMarket contextRef="From2020-01-01to2020-12-31_custom_DefinedBenefitPlanMember">In compliance with current legislation, specific to the pension fund market, for the last 4 years ended (2017, 2018, 2019 and 2020), there was no need to pay installments by CSN, since the benefit plans defined actuarial gains in the year.</sid:DescriptionOfPensionFundMarket>
    <sid:DescriptionOfInvestmentPolicy contextRef="From2020-01-01to2020-12-31">The investment plan is reviewed annually and approved by the Deliberative Council, considering a 5-year horizon, as established by CGPC resolution no. 7, of December 4, 2003. The investment limits and criteria established in the policy are based on Resolution 4,661 / 18, published by the National Monetary Council (&#8220;CMN&#8221;).</sid:DescriptionOfInvestmentPolicy>
    <sid:NumberOfSharesTransfer contextRef="From2019-05-01to2019-05-31_custom_ClassBPreferredSharesMember" unitRef="Shares" decimals="INF">1677816</sid:NumberOfSharesTransfer>
    <sid:NumberOfSharesTransferOne contextRef="From2019-05-01to2019-05-31_custom_ClassBPreferredSharesMember" unitRef="Shares" decimals="INF">501789</sid:NumberOfSharesTransferOne>
    <sid:PercentageOfVotingCapital contextRef="From2020-01-01to2020-12-31_custom_TransLogisticaSAMember" unitRef="Pure" decimals="INF">0.9260</sid:PercentageOfVotingCapital>
    <sid:DisclosureOfDescriptionOfBusinessExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;DESCRIPTION OF&#13;    BUSINESS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 17.85pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Companhia&#13;Sider&amp;#250;rgica Nacional &amp;#8220;CSN&amp;#8221;, also referred to as the &amp;#8220;Company&amp;#8221;, is a publicly-held company incorporated&#13;on April 9, 1941, under the laws of the Federative Republic of Brazil (Companhia Sider&amp;#250;rgica Nacional, its subsidiaries,&#13;joint ventures, joint operations and associates are collectively referred to herein as the "Group&amp;#8221;). The Company&amp;#8217;s&#13;registered office is located in S&amp;#227;o Paulo, SP, Brazil.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN&#13;is listed on the S&amp;#227;o Paulo Stock Exchange (B3 S.A.- Brasil, Bolsa, Balc&amp;#227;o) and on the New York Stock Exchange (NYSE).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Group's main operating activities are divided into five (5) segments as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/116% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt/normal Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Steel:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company&amp;#8217;s main industrial facility is the Presidente Vargas steelworks (&amp;#8220;UPV&amp;#8221;), located in the city of Volta&#13;Redonda, State of Rio de Janeiro. This segment consolidates all operations related to the production, distribution and sale of&#13;flat steel, long steel, metallic containers and galvanized steel. In addition to the facilities in Brazil, CSN has commercial&#13;operations in the United States and operations in Portugal and Germany to achieve markets and providing excellent services for&#13;final consumers. Its steel is used in home appliances, civil construction and automobile industries.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/116% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt/normal Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Mining:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;production of iron ore is developed in the cities of Congonhas, Ouro Preto and Belo Vale, State of Minas Gerais &amp;#8211; by subsidiary&#13;CSN Minera&amp;#231;&amp;#227;o.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 2.85pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Iron&#13;ore is sold basically in the international market, especially in Europe and Asia. The prices charged in these markets are historically&#13;cyclical and subject to significant fluctuations over short periods of time, driven by several factors related to global demand,&#13;strategies adopted by the major steel producers, and the foreign exchange rate. All these factors are beyond the Company&amp;#8217;s&#13;control. The ore transportation is carried out through Terminal de Carv&amp;#227;o e Min&amp;#233;rios do Porto de Itaguai &amp;#8211; (&amp;#8220;TECAR&amp;#8221;),&#13;a solid bulk terminal, one of the four terminals that comprise the Port of Itaguai, located in the State of Rio de Janeiro. Imports&#13;of coal and coke are also carried out through this terminal by provision of services by CSN Minera&amp;#231;&amp;#227;o to CSN. The Company&amp;#180;s&#13;mining activities also comprises tin exploitation, which is based in the State of Rond&amp;#244;nia, to supply the needs of UPV. The&#13;excess of raw material is sold to subsidiaries and third parties.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 2.85pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;a pioneer in the use of technologies that result in the possibility of stacking the tailings generated in the iron ore production&#13;process, the Company has had its iron ore production since January 2020, 100% independent of tailings dams. After significant&#13;investments in recent years to raise the level of reliability, mischaracterization and dry stacking, the Company has moved on&#13;to a scenario in which 100% of its waste goes through a dry filtration process and is disposed of in geotechnically controlled&#13;batteries, areas exclusively destined for stacking. Approximately R$250 million was invested in the two tailings filtration plants&#13;that have a combined total filtration capacity of 9 million tons per year.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;a consequence of these measures, the decommissioning of the dams is the natural way of processing dry waste.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;All&#13;of our mining dams are positively certified and comply with the environmental legislation in force.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cements&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN&#13;entered the cement production market in 2009, catapulted by the synergy between this activity and CSN's current business. Beside&#13;the UPV facilities, in Volta Redonda / RJ, the Company installed a new business unit, which produces CP-III type cement using&#13;the slag produced by the UPV&amp;#8217;s own blast furnaces. It also explores limestone and dolomite at the Arcos / MG unit, to meet&#13;the needs of the UPV and the cement plant. Additionally, in Arcos / MG, the clinker production operation is located. As a result,&#13;the Company is self-sufficient in the production of cement, with an installed capacity of 4.7 million tons per year.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Logistics:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Railroads:&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN&#13;has interests in three railroad companies: MRS Log&amp;#237;stica S.A., which manages the former Southeast Railway System of Rede&#13;Ferrovi&amp;#225;ria Federal S.A (&amp;#8220;RFFSA&amp;#8221;)., Transnordestina Log&amp;#237;stica S.A. (&amp;#8220;TLSA&amp;#8221;) and FTL - Ferrovia&#13;Transnordestina Log&amp;#237;stica S.A. (&amp;#8220;FTL&amp;#8221;), which the the latter two hold the concession to operate the former Northeast&#13;Railway System of RFFSA, in the States of Maranh&amp;#227;o, Piau&amp;#237;, Cear&amp;#225;, Rio Grande do Norte, Para&amp;#237;ba, Pernambuco,&#13;Alagoas and Sergipe, with TLSA being responsible for the rail links of Eliseu Martins &amp;#8211; Trindade, Trindade &amp;#8211; Salgueiro,&#13;Salgueiro &amp;#8211; Porto Suape, Salgueiro &amp;#8211; Miss&amp;#227;o Velha and Miss&amp;#227;o Velha - Pec&amp;#233;m (Railway System II), under&#13;construction, and FTL being responsible for the rail links of S&amp;#227;o Luis - Altos, Altos - Fortaleza, Fortaleza &amp;#8211; Souza,&#13;Souza - Recife/Jorge Lins, Recife/Jorge Lins &amp;#8211; Salgueiro, Jorge Lins &amp;#8211; Propri&amp;#225;, Paula Cavalcanti &amp;#8211; Cabedelo,&#13;Itabaiana - Macau (Railway System I).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;i&gt;Ports&lt;b&gt;:&lt;/b&gt;&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company operates in the State of Rio de Janeiro, by means of its subsidiary Sepetiba Tecon S.A., operates the Container Terminal&#13;(&amp;#8220;TECON&amp;#8221;) and by means of its subsidiary CSN Minera&amp;#231;&amp;#227;o, the TECAR, both located at the Itagua&amp;#237; Port.&#13;Established in the harbor of Sepetiba, the mentioned port has a privileged highway, railroad and maritime access.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(&amp;#8220;TECON&amp;#8221;)&#13;is responsible for the shipments of CSN&amp;#180;s steel products, movement and storage of containers, vehicles, general cargo, among&#13;other products; and TECAR performs the operational activities of loading and unloading of solid bulk ships, storage and distribution&#13;(road and rail) of coal, coke, zinc concentrate, sulfur, iron ore and other bulk, intended for the seaborne market, for our own&#13;operation and for third parties.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Energy:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Since&#13;the energy supply is fundamental in CSN&amp;#180;s production process, the Company owns and operates facilities to generate electric&#13;power for guaranteeing its self-sufficiency.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;note 29 - &amp;#8220;Segment Information&amp;#8221; details the financial information per each of CSN&amp;#180;s business segment.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;GOING CONCERN&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;2020, the Company repaid approximately R$8.4 billion of its borrowings and financing. In 2021, we expect to repay R$4.2 billion.&#13;Financial leverage may adversely affect the Company&amp;#8217;s business, financial conditions and operating results, with the following&#13;main impacts considered by Management:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt"&gt;&amp;#149;&lt;font style="font: 10pt/normal Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;&lt;/font&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;Use&#13;of cash generated from operations for the repayment of borrowings and financing;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;font style="font: 10pt/normal Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;&lt;/font&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;Exposure&#13;to (i) interest rate fluctuations, due to the renegotiation of debts and possible new borrowings and financing; and (ii) foreign&#13;exchange, since a significant portion of borrowings and financing are U.S. Dollar denominated;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt"&gt;&amp;#149;&lt;font style="font: 10pt/normal Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;&lt;/font&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;Increase&#13;in the economic and financial vulnerability in the event of adverse conditions in the industry and segment, due to the limited&#13;resources available in the short term, considering the high financial leverage and expected cash disbursements;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;font style="font: 10pt/normal Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;&lt;/font&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;Limitation&#13;of the Company&amp;#8217;s ability to conduct new business (acquisitions) until the financial leverage is reduced;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;font style="font: 10pt/normal Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;&lt;/font&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;Limitation of the Company&amp;#8217;s&#13;ability to obtain new lines of credit at more favorable interest conditions due to the risks related to the current financial&#13;leverage.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company&amp;#8217;s ability to continue operating on a going concern basis, therefore, depends on the achievement of operating targets&#13;determined by Management, in addition to refinancing the contracted debts, and / or actions related to financial deleveraging.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;addition to the continuous focus on improving operating results, Management continues with initiatives to increase the Company&amp;#8217;s&#13;liquidity by extending payment terms for loans and financing. See note 13.a - Maturities of loans, financing and debentures presented&#13;in current and non-current liabilities.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Additionally,&#13;Management is studying alternatives to financial deleveraging from the sale of non-strategic assets and other initiatives, such as the&#13;recently concluded Initial Public Offering of Shares of the subsidiary CSN Minera&amp;#231;&amp;#227;o SA, whereby the&amp;#160;CSN Group improved&#13;its liquidity by R$4,155 million. Other alternatives are also considered, but it is not possible to ensure that they will occur within&#13;a period of 12 months. Accordingly, the Company did not segregate and reclassify any assets in the financial statements as discontinued&#13;operations in accordance with IFRS 5.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Based&#13;on Management&amp;#8217;s cash flow projections &lt;font style="line-height: 115%"&gt;that covered the operational period &lt;/font&gt;until February&#13;2022, which depend on factors such as meeting production targets, sales volumes and prices, as well as the renegotiation of loans&#13;and financing, Management understands that the Company has adequate resources to continue its operations. Accordingly, the Company&amp;#8217;s&#13;financial statements for the year ended December 31, 2020 were prepared based on the assumption of going concern.&lt;/font&gt;&lt;/p&gt;</sid:DisclosureOfDescriptionOfBusinessExplanatory>
    <ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;SUMMARY OF SIGNIFICANT&#13;    ACCOUNTING POLICIES&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.a)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Declaration of&#13;    conformity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;consolidated financial statements have been prepared and are being presented in accordance with International Financial Reporting&#13;Standards (&amp;#8220;IFRS&amp;#8221;) issued by the International Accounting Standards Board (IASB) and includes all of the relevant&#13;information of the financial statements, and only this information, which correspond to those used by the Company&amp;#8217;s management&#13;in its activities.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.b)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Basis of presentation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;financial statements have been prepared using the historical cost as the basis of value, the net realizable value, the fair value&#13;or the recovery value, except when otherwise indicated.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;preparation of these financial statements requires Management to use certain accounting estimates, judgments and assumptions that&#13;affect the application of Accounting Polices and the amounts reported on the balance sheet date of assets, liabilities, income&#13;and expenses may differ from actual future results. The assumptions used are based on history and other factors considered relevant&#13;and are reviewed by the Company&amp;#8217;s management.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;accounting policies and critical estimates, when applicable and relevant, are included in the respective explanatory notes and&#13;are consistent with the previous year presented, as shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;  &lt;td style="text-align: justify; width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;font style="line-height: normal"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;  &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Explanatory note 10 e - Recoverability test of investment on&#13;Transnordestina Log&amp;#237;stica SA (&amp;#8220;TLSA&amp;#8221;);&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;  &lt;td style="text-align: justify; width: 14.2pt"&gt;&amp;#149;&lt;font style="font: 10pt/normal Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;  &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Explanatory note 12 a - Goodwill impairment test;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;  &lt;td style="text-align: justify; width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;font style="line-height: normal"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;  &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Explanatory note 14 - Derivative financial instruments and&#13;hedge accounting (&amp;#8220;hedge accounting&amp;#8221;);&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;  &lt;td style="text-align: justify; width: 14.2pt"&gt;&amp;#149;&lt;font style="font: 10pt/normal Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;  &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Explanatory note 18 d - Deferred income and social contribution&#13;taxes: availability of future taxable income against which deductible temporary differences and tax losses can be used;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;  &lt;td style="text-align: justify; width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;font style="line-height: normal"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;  &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Explanatory note 20 - Provision for tax, social security, labor,&#13;civil, environmental risks and judicial deposits;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Explanatory note&#13;    21 - Provisions for environmental liabilities and asset retirement obligations;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;  &lt;td style="text-align: justify; width: 14.2pt"&gt;&amp;#149;&lt;font style="font: 10pt/normal Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;  &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Explanatory note 30 - Employee benefits.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;consolidated financial statements were approved by Board of Directors on April 12, 2021.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.c)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Functional currency&#13;    and presentation currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;accounting records included in the financial statements of each of the Company&amp;#8217;s subsidiaries are measured using the currency&#13;of the principal of the economic environment in which each subsidiary operates (&amp;#8220;the functional currency&amp;#8221;). The consolidated&#13;financial statements are presented in R$ (reais), which is the Company&amp;#8217;s functional and reporting currency.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;currency transactions are translated into the functional currency using the exchange rates prevailing on the transaction or valuation&#13;dates, in which the items are remeasured. The balances of the asset and liability accounts are translated using the exchange rate&#13;on the balance sheet date. As of December 31, 2020, US$1,00 is equivalent to R$5.1967 (R$4.0307 on December 31, 2019) and &amp;#8364;1,00&#13;is equivalent to R$6.3779 (R$4.5305 on December 31, 2019), as stated on the website of the Brazilian Central Bank.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.d)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Explanatory notes&#13;    for basis of presentation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;2020, the Company improved the presentation of its financial statements to users. As a result, the relevant information for assessing&#13;the Company's financial position was changed and, accordingly, accounting practices related to assets, liabilities, revenues and&#13;expenses are now presented in the explanatory notes of each relevant item.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Additionally,&#13;in order to improve the presentation with more qualitative aspects, the Company discloses long-term inventory in note 7 and the&#13;current and non-current recoverable taxes in note 8, which were previously presented as other current and non-current assets.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.e)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Adoption of new&#13;    and revised International Financial Reporting Standards (IFRS)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;During&#13;the year of 2020, the IASB issued the revision of the referred standards below, already in force in the year of 2020. Some accounting&#13;pronouncements that became effective as of January 1, 2020, having been adopted and without significant impacts on the Company&amp;#8217;s&#13;results and financial position were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Business definition&#13;    (changes to IFRS 3)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Definition of materiality&#13;    (changes to IAS 1 and IAS 8)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Reform of the benchmark&#13;    interest rate (changes to IFRS 9, IAS 39 and IFRS 7)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes to references&#13;    to the basic conceptual framework (various standards)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Concessions related&#13;    to COVID-19 (amendments to IFRS 16)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;changes were evaluated and adopted by the Company&amp;#8217;s management, and there were no impacts on its financial statements regarding&#13;their application.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;New&#13;standards, changes and interpretations to existing standards that are not yet effective and have not been adopted in advance by&#13;the Company (for which no significant impact is expected in the initial adoption period and that, therefore, additional disclosures&#13;are not being made):&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IFRS 17 &amp;#8212;&#13;    Insurance Contracts&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes to IFRS&#13;    17 Insurance contracts (changes to IFRS 17 and IFRS 4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;References to the&#13;    Conceptual Framework&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Products before&#13;    intended use (changes to IAS 16)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Onerous contracts&#13;    - cost of fulfilling a contract (changes to IAS 37)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Annual cycle of&#13;    improvements to IFRS 2018-2020 (changes to IFRS 1, IFRS 9, IFRS 16 and IAS 41)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Classification of&#13;    liabilities as current and non-current (changes to IAS 1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory>
    <sid:DisclosureOfImpactsOfCovid19Explanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;IMPACTS OF COVID-19&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;the end of 2019, the COVID-19 virus spread worldwide, and in March 2020, the WHO (World Health Organization) declared a pandemic&#13;of this disease. Since the beginning of the pandemic, the Company has adopted several precautionary measures in all its areas&#13;to reduce the exposure of its employees and to guarantee the continuity of its business. In this sense, all employees in chronic&#13;conditions of vulnerability (risk group) were mapped and put on vacation together with most other employees in order to reduce&#13;their corporate staff by around 50%. In addition, masks were provided for all employees, hand sanitizer was made available in&#13;all company facilities, and we also released internal communications with preventive measures in order to reinforce the hygiene&#13;protocols recommended by the competent authorities.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company permanently assesses the effects caused by COVID-19 on its business, since, mainly in the 2nd quarter of 2020, economic&#13;activities in Brazil were drastically reduced, with restrictions and measures of social distancing having been imposed in order&#13;to reduce the virus circulation. Many of these restrictions were relieved by the authorities in the 3rd quarter and the Company&#13;did not suffer significant impact to its business during the year.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company&amp;#8217;s economic activity is directly linked to the demand for steel products in the automotive, domestic and civil construction&#13;sectors, as well as iron ore, both in the domestic and international markets. Any reduction in the activity of these sectors could&#13;affect the demand and the price of products and have significant impact to the Company&amp;#8217;s financial position and results.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Below&#13;we present the main economic effects to the Company in relation to COVID-19:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;a)&#13;Operational effects&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company&amp;#8217;s investment budget for 2020 has been revised considering the adverse effects of the global economic slowdown. In&#13;this sense, the review reduced the amount of investments, giving priority to the execution of current investment projects that&#13;are fundamental for the maintenance of conditions of operational capacity, environment and safety.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company stifled the Blast Furnace 2 located at the Presidente Vargas Steelworks (UPV), in the municipality of Volta Redonda -&#13;RJ, in early June 2020. &lt;font style="line-height: 115%"&gt;The decision was based on the weak global economic scenario since CSN&#13;is a major supplier of raw material to the automotive, appliances and civil construction industries&lt;/font&gt;. However, the recently&#13;renovated Blast Furnace 3 met the demand until Blast Furnace 2 resumed in late November 2020.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;effects of the pandemic were perceived in the 2nd quarter of the year, having caused some impact to revenues, mainly from the&#13;steel manufacturing operations. The other segments did not suffer significant impacts.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company did not suffer any significant impact to its railway and maritime logistics. There was also no impact to the availability&#13;of supplies that would interrupt operational activities.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;b)&#13;Recoverability of financial and non-financial assets and liabilities&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;pandemic did not have a significant impact on the fair value of the Company&amp;#8217;s assets and liabilities, with the exception&#13;of a temporary adverse impact on the market value of Usiminas&amp;#8217; shares, which up to March 31, 2020 had accumulated losses&#13;of R$962 million in that quarter, having if fully recovered by the end of the year and contributed positively to the Company&amp;#8217;s&#13;result with a gain in the year of R$1,190 million. In limited situations some &lt;i&gt;covenants&lt;/i&gt; or special obligations applicable&#13;to our debts could have been achieved. The Company constantly monitored and continues to monitor these indicators in order to&#13;avoid risks to its financial position.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;There&#13;was no material impact to the Company&amp;#8217;s financial assets. A portion of receivables that had been past due was received during&#13;the 2nd quarter. The Company&amp;#8217;s average term of receipt has not changed.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;Our&#13;portfolio of investments and the nature of our industrial plants have long-term characteristics&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;.&#13;The long-term operational and economic context to which the Company operates allows greater flexibility in the strategies and&#13;plans to mitigate the risks and effects of the pandemic on its business and, consequently, ensure the maintenance of the expected&#13;recoverability of its non-financial assets, whether investments, fixed assets and tax credits. At the beginning of the pandemic,&#13;Management conducted tests stressing several assumptions used in business projections, especially for 2020 and 2021. These stressed&#13;assumptions remained unchanged throughout the year and, consequently, the was no need to recognize any losses due to &lt;i&gt;impairment&#13;&lt;/i&gt;in the financial statements as of December 31, 2020.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;According&#13;to the guidelines of the Brazilian Securities and Exchange Commission (CVM), the Company assessed any effects that are related&#13;to business continuity and its accounting estimates. Despite some adverse effects perceived at the beginning of the pandemic,&#13;which over the rest of the year dissipated, such adverse effects did not bring risks of continuity or the need for adjustments&#13;to accounting estimates that would produce significant effects on the Company&amp;#8217;s business and consequently on its position&#13;equity and financial.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company maintains all of its medium and long-term production and sales forecasts.&lt;/font&gt;&lt;/p&gt;</sid:DisclosureOfImpactsOfCovid19Explanatory>
    <ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;CASH AND CASH&#13;    EQUIVALENTS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 47%; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cash&#13;    and banks&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;    Brazil&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;245,185&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;42,736&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Abroad&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,899,282&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;454,033&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;4,144,467&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;496,769&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;    Brazil&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;5,800,119&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;531,924&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Abroad&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;60,262&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,800,119&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;592,186&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;9,944,586&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,088,955&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Our&#13;investments are basically in private and public securities with yields linked to the variation of Interbank Deposit Certificates&#13;(CDI) and repo operations backed by National Treasury Notes respectively. The Company invests part of the funds through exclusive&#13;investment funds which have been consolidated in these financial statements.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Our&#13;investments abroad are in private securities in top-rated banks and are remunerated at pre-fixed rates.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;and cash equivalents include cash, bank deposits and other short-term investments of immediate liquidity, redeemable within 90&#13;days of the contracting date, readily convertible into an amount known as cash and with an insignificant risk of changing its&#13;market value.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory>
    <sid:DisclosureOfFinancialInvestmentsExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;FINANCIAL INVESTMENTS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 36%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: center; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; text-align: center; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; text-align: center; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; text-align: center; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; text-align: center; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non&#13;    Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold; border-top-color: black; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold; border-top-color: black; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;478,253&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;518,553&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Usiminas shares(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,305,109&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,114,620&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bonds (3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;123,409&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;95,719&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,783,362&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,633,173&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;123,409&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;95,719&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;These are restricted&#13;    financial investments and linked to a Bank Deposit Certificate (CDB) to guarantee a letter of guarantee from financial institutions&#13;    and financial investments in Public Securities (LFT - Letras Financeiras do Tesouro) managed by their exclusive funds.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;P&lt;font style="line-height: 115%"&gt;art&#13;    of the shares guarantees a portion of the Company's debt&lt;/font&gt;.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;B&lt;i&gt;onds&lt;/i&gt; with&#13;    Fibra bank due in February 2028 (see note 22).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 35.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Short-term&#13;investments that are not classified as cash equivalents and are measured at amortized cost and at fair value through profit or&#13;loss.&lt;/font&gt;&lt;/p&gt;</sid:DisclosureOfFinancialInvestmentsExplanatory>
    <ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;6.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;TRADE RECEIVABLES&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 47%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; text-align: left; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: left; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trade receivables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Third&#13;    parties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Domestic&#13;    market&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;910,657&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,118,632&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    market&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,063,867&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,003,905&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,974,524&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,122,537&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Allowance&#13;    for doubtful debts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(228,348)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(245,194)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,746,176&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,877,343&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Related&#13;    parties (note 22 b)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;121,176&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;170,588&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; text-align: right; font-weight: bold; border-top-color: black; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,867,352&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; text-align: right; font-weight: bold; border-top-color: black; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,047,931&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;composition of the gross balance of accounts receivable from third party customers is shown as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 47%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,537,567&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,739,746&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Past-due up to&#13;    30 days&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;222,972&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;132,845&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="text-align: left; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Past-due&#13;    up to 180 days&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;17,915&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;23,877&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: left; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Past-due&#13;    over 180 days&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;196,070&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;226,069&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,974,524&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,122,537&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;changes in credit losses are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 44%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 27%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 27%; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Opening balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(245,194)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(237,352)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(Loss)/Reversal estimated&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;7,513&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(43,313)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Recovery and write-offs&#13;    of receivables&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9,333&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;35,471&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Closing balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(228,348)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(245,194)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accounts&#13;receivable are initially recognized by the transaction price, provided they do not contain financing components, and subsequently&#13;measured at amortized cost. When applicable, it is adjusted to present value including the respective taxes and ancillary expenses,&#13;and customer credits in foreign currency are restated at the exchange rate on the date of the financial statements.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company measures credit losses annually expected for the instrument, where it considers all possible loss events over the life&#13;of its receivables, using a loss rate matrix by maturity range adopted by the Company, from the initial moment (recognition) of&#13;the asset. This model considers the client&amp;#8217;s history, default rate, financial situation and the position of its legal advisors&#13;to estimate expected credit losses.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company &lt;font style="line-height: 115%"&gt;performs operations relating to assignment of receivables without co-obligation in which&lt;/font&gt;,&#13;after the assignment of duplicates / securities from the client and receipt of funds arising from the closing of each operation,&#13;CSN settles the accounts receivable and relieves itself entirely of the operation&amp;#8217;s credit risk.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory>
    <ifrs-full:DisclosureOfInventoriesExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;INVENTORIES&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 47%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 26%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 26%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Finished goods&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,627,676&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,691,842&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Work in progress&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,358,905&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,438,868&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Raw materials&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,289,653&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,493,129&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Spare parts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;928,158&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;902,135&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Advances to suppliers&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;69,536&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;35,828&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Provision for losses&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(109,038)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(134,553)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,164,890&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,427,249&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Classified:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,817,586&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,282,750&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;347,304&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;144,499&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,164,890&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,427,249&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Long-term iron ore&#13;    inventories that will be used after the construction of the processing plant, which will produce pellet feed, In 2020, the&#13;    Company defined the construction project for the new plant for processing Itabirito, which until then was considered as waste,&#13;    and started to be incorporated into the long-term ore inventory.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;changes in estimated losses on inventories are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; width: 44%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; width: 27%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; width: 27%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Opening balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(134,553)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(157,754)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(Estimated&#13;    losses) / Reversal of inventories with low turnover and obsolescence&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;25,515&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;23,201&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Closing balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(109,038)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(134,553)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;inventory is recorded at the lower of cost and net realizable value. The cost is determined using the weighted average cost method&#13;for the purchase of raw materials. The cost of finished products and work in process comprises raw materials, labor, other direct&#13;costs (based on normal production capacity). The net realizable value is the estimated selling price in the ordinary course of&#13;business, less the estimated costs of completion and the estimated costs necessary to realize the sales. Estimated losses on slow-moving&#13;or obsolete inventories are recognized when deemed necessary.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfInventoriesExplanatory>
    <sid:DisclosureOfRecoverableTaxesExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;8.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;RECOVERABLE TAXES&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 47%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;State Value-Added Tax&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,002,926&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,109,887&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Brazilian federal contributions&#13;    &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,417,081&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,230,793&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other taxes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;123,939&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;61,675&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,543,946&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,402,355&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Classified:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,605,494&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,282,415&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;938,452&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,119,940&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,543,946&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,402,355&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Refers mainly to&#13;    PIS / COFINS (VAT Federal) all to be recovered and income tax and social contribution to be offset. In respect to PIS and&#13;    COFINS to be recoverable on September 20, 2018, the writ of mandamus and special appeal filed in 2006, in which CSN and the&#13;    Federal Union are parties, related to the discussion about the non-inclusion of ICMS in the PIS and COFINS calculation basis,&#13;    was judged in final court decision, confirmed the right of CSN to offset the amounts unduly paid as a result of the PIS and&#13;    COFINS base being increased by the inclusion of ICMS in the period from 2001 to 2014.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;balance of recoverable taxes maintained as current asset is expected to be offset in the next 12 months, as well as based on analysis&#13;and budget projection approved by Management. We do not foresee risks of non-realization of these tax credits.&lt;/font&gt;&lt;/p&gt;</sid:DisclosureOfRecoverableTaxesExplanatory>
    <ifrs-full:DisclosureOfOtherNoncurrentAssetsExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;OTHER CURRENT&#13;    AND NON-CURRENT ASSETS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;current and non-current assets are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 37%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Judicial deposits (note 20)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;325,117&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;328,371&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Credits with the PGFN &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;46,774&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Prepaid expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;136,527&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;107,428&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;115,636&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;126,213&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Prepaid expenses with sea freight &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;74,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;96,305&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial asset (note 30)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;13,819&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;13,714&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative financial instruments (note 14 I)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,364&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,203&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Securities held for trading (note 14 I)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,065&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,034&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loans with related parties (nota 14 I and 22.b)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;966,050&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;846,300&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other receivables from related parties (note&#13;    22 b)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,242&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,830&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;664,020&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;428,672&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other receivables (note 14 I)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,445&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,059&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Eletrobr&amp;#225;s compulsory loan (note 14 I)&#13;    &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(3)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;852,532&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;845,284&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends receivables (note 22 b)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;38,088&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;44,554&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Employee debts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;28,054&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;33,045&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Receivables by indemnity&#13;    &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(4)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;517,183&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;79,338&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;102,021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;146,245&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;146,525&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;367,814&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;390,581&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,603,047&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,793,115&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In September 2020,&#13;    the Company reclassified the amount to judicial deposits.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Refers a payment&#13;    of freight expenses and maritime insurance over revenues didn&amp;#8217;t recognized.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;This is a certain&#13;    and due amount, arising from the res judicata favorable decision to the Company, which is irreversible and irrevocable, in&#13;    order to apply the STJ's consolidated position on the subject, which culminated in the conviction of Eletrobr&amp;#225;s to the&#13;    payment of the correct interest and monetary adjustment of the Compulsory Loan. The res judicata decision, as well as the&#13;    certainty about the amounts involved in the liquidation of the sentence (judicial procedure to request the satisfaction of&#13;    the right), allowed the conclusion that the entry of this value is certain. In addition to this amount already recorded, the&#13;    Company continues to seek alternatives for the recovery of additional credits and the estimate can reach an amount greater&#13;    than R$350 million.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;This is a net, certain&#13;    and enforceable amount, resulting from the final and unappealable decision of the Court in favor of the Company, due to losses&#13;    and damages resulting from the sinking of the voltage in the supply of energy in the periods from January / 1991 to June /&#13;    2002. The receivable for indemnification in the amount of R$147,612 was recognized in the income statement for the year in&#13;    other operating income and expenses and in the financial result, the amount of R$369,571. See notes 27 and 28, respectively.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfOtherNoncurrentAssetsExplanatory>
    <ifrs-full:DisclosureOfJointVenturesExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;BASIS OF CONSOLIDATION&#13;    AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;accounting policies have been consistently applied to all consolidated companies. The consolidated financial statements for the&#13;years ended December 31, 2020 and 2019 include the following direct and indirect subsidiaries, joint ventures and joint operations,&#13;as well as the exclusive funds, as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 9pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 22%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Number&#13;    of shares held by CSN in units&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 18%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equity&#13;    interests (%)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 20%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 20%; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Companies&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Core&#13;    business&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Direct interest&#13;    in subsidiaries: full consolidation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Islands VII Corp.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20,001,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Financial transactions&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Inova Ventures&#13;    &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;50,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Financial transactions&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Islands XII Corp.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,540&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Financial transactions&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Steel S.L.U.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;22,042,688&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Equity interests&#13;    and Financial transactions&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;TdBB S.A (*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sepetiba Tecon S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;254,015,052&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Port services&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Min&amp;#233;rios NacionalS.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;141,719,295&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Mining and Equity&#13;    interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Companhia Florestal&#13;    do Brasil&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;66,354,391&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Reforestation&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estanho de Rond&amp;#244;nia&#13;    S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;195,454,162&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Tin Mining&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Companhia Metal&amp;#250;rgica Prada&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;555,142,354&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Manufacture of&#13;    containers and distribution of steel products&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Minera&amp;#231;&amp;#227;o&#13;    S.A.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;158,419,480&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Mining&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Energia S.A.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;43,149&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Sale of electric&#13;    power&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;FTL - Ferrovia Transnordestina Log&amp;#237;stica&#13;    S.A.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;486,592,830&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;92.38&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;92.38&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Railroad logistics&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Nordeste Log&amp;#237;stica S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99,999&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Port services&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Inova Ltd.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Advisory and&#13;    implementation of new development projec&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Equipamentos&#13;    S.A &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Rental of commercial&#13;    and industrial machinery and equipment&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CBSI - Companhia Brasileira de Servi&amp;#231;os&#13;    de Infraestrutura&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,669,986&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Equity interests&#13;    and product sales and iron ore&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Cimentos S.A&lt;font style="font-weight: 400"&gt;&lt;sup&gt;.(3)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;90&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;90.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Manufacturing&#13;    and sale of cement&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Indirect interest&#13;    in subsidiaries: full consolidation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lusosider Projectos Sider&amp;#250;rgicos S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Equity interests&#13;    and product sales&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lusosider A&amp;#231;os Planos, S. A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Steel and Equity&#13;    interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Resources S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Financial transactions&#13;    and Equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Companhia Brasileira&#13;    de Latas&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Sale&#13;    of cans and containers in general and Equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Companhia de&#13;    Embalagens Met&amp;#225;licas MMSA&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.67&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.67&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Production&#13;    and sale of cans and related activities&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Companhia de&#13;    Embalagens Met&amp;#225;licas - MTM&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.67&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.67&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Production&#13;    and sale of cans and related activities&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Steel Holdings&#13;    1, S.L.U.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Financial&#13;    transactions, product sales and Equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Productos&#13;    Sider&amp;#250;rgicos S.L.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Financial&#13;    transactions, product sales and Equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Stalhwerk Th&amp;#252;ringen&#13;    GmbH&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Production&#13;    and sale of long steel and related activities&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Steel Sections&#13;    UK Limited &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(4)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Sale&#13;    of long steel&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Steel Sections&#13;    Polska Sp.Z.o.o&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Financial&#13;    transactions, product sales and Equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Mining Holding, S.L&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Financial transactions,&#13;    product sales and Equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Mining GmbH&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Financial transactions,&#13;    product sales and Equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Mining Asia Limited&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Commercial representation&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lusosider Ib&amp;#233;rica&#13;    S.A.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Steel,&#13;    commercial and industrial activities and equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Mining Portugal,&#13;    Unipessoal Lda.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Commercial and&#13;    representation of products&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Companhia Sider&amp;#250;rgica&#13;    Nacional, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Import&#13;    and distribution/resale of products&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Cimentos S.A.&lt;font style="font-weight: 400"&gt;&lt;sup&gt;(3)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;10&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;10.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Manufacturing&#13;    and sale of cement&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Direct interest&#13;    in joint operations: proportionate consolidation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;It&amp;#225; Energ&amp;#233;tica S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;253,606,846&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;48.75&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;48.75&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Electric power&#13;    generation&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cons&amp;#243;rcio da Usina Hidrel&amp;#233;trica de&#13;    Igarapava&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;17.92&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;17.92&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Electric power&#13;    consortium&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Direct interest&#13;    in joint ventures: equity method&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;MRS Log&amp;#237;stica&#13;    S.A. &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(5)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;63,377,198&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;18.64&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;18.64&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Railroad transportation&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Aceros Del Orinoco&#13;    S.A.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;31.82&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;31.82&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Dormant company&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transnordestina Log&amp;#237;stica S.A. &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(6)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;24,670,093&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;47.26&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;47.26&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Railroad logistics&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Equimac S.A &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,117&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;50.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Rental of commercial&#13;    and industrial machinery and equipment&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Indirect interest&#13;    in joint ventures: equity method&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;MRS Log&amp;#237;stica&#13;    S.A. &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(5)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;16.30&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;16.30&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Railroad transportation&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Direct interest&#13;    in associates: equity method&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Arvedi Metalfer do&#13;    Brasil S.A.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49,074,882&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;20.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;20.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Metallurgy and&#13;    Equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Exclusive funds:&#13;    full consolidation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Diplic II- Fundo de investimento multimercado&#13;    cr&amp;#233;dito privado&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Investment fund&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td colspan="2"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Caixa V&amp;#233;rtice - Fundo de investimento&#13;    multimercado cr&amp;#233;dito privado&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Investment fund&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;VR1 - Fundo de investimento multimercado cr&amp;#233;dito&#13;    privado&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Investment fund&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;Dormant companies.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On June 29, 2020,&#13;    CSN Islands XI Corp. changed its corporate name to CSN Inova Ventures.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On June 26, 2020,&#13;    CSN Equipamentos SA had its corporate name changed to Equimac SA and its capital increased by Unidas Guindastes Eireli. With&#13;    this capital increase, CSN&amp;#8217;s stake in Equimac&amp;#8217;s share capital increased to 50% and was classified as &lt;i&gt;joint&#13;    venture.&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Company acquired&#13;    on October 2, 2020.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Company liquidated&#13;    on March 11, 2020.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As of December 31,&#13;    2020, the Company directly held 63,377,198 shares, of which 26,611,282 were common and 36,765,916 were preferred, and indirectly&#13;    63,338,872 shares, of which 25,802,872 were common and 37,536,000 were preferred&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As of December 31,&#13;    2020, the Company had 24,168,304 common shares and 501,789 Class B preferred shares.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10.a)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investments in&#13;    joint ventures, joint operations, associates and other investments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;number of shares, the balances of assets and liabilities, shareholders&amp;#8217; equity and the profit / (loss) amounts for the period&#13;in those investees are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 7pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 20%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td rowspan="5" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Companies&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Participation&#13;    in&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Participation&#13;    in&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="4" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Shareholders&amp;#8217;&#13;    equity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="4" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Profit&#13;    /(Loss) for the period&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Shareholders&amp;#8217;&#13;    equity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Profit&#13;    /(Loss) for the period&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-venture&#13;    and Joint-operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;MRS Log&amp;#237;stica&#13;    S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,175,249&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,567,882&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,607,367&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;160,371&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,145,205&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,616,218&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,528,987&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;187,597&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fair Value -&#13;    MRS Log&amp;#237;stica S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;421,888&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(11,747)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;433,635&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11,747)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td colspan="2" style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSBI&#13;    - Companhia Brasileira de Servi&amp;#231;os de Infraestrutura&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,665&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transnordestina&#13;    Log&amp;#237;stica S.A. (*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,657,691&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,497,587&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,160,104&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(28,952)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,398,434&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,209,378&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,189,056&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(17,100)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fair Value (*)&#13;    - Transnordestina&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;271,116&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;271,116&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Equimac S.A&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,536&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;301&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,235&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(329)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;8,840,476&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;6,065,770&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,467,710&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;119,343&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;8,543,639&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,825,596&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,422,794&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;165,415&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Associates&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Arvedi Metalfer do Brasil S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;40,528&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;32,490&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,038&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(6,765)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;44,435&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;31,712&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,723&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,682)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;40,528&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;32,490&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;8,038&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(6,765)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;44,435&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;31,712&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12,723&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(1,682)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td colspan="9" style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Classified&#13;    at fair value through profit or loss (note 12 I)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Panatl&amp;#226;ntica&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;59,879&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;47,300&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;59,879&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;47,300&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Eliminations&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(30,856)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(38,219)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other investments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;279&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(9,967)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;157&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;171&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;279&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(9,967)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;157&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;171&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td colspan="2" style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    investments in affillated companies&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,535,906&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,484,974&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td colspan="5" style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Equity in results of affillated companies&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;71,755&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;125,715&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investments properties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;159,874&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;101,195&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total investments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,695,780&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,584,169&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;As of December 31, 2020 and December 31, 2019, the net balance of R$271,116 refers to the Fair Value generated by the loss of&#13;control of Transnordestina Log&amp;#237;stica SA in the amount of R$659,105 and impairment of R$387,989.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;number of shares, the balances of assets and liabilities, shareholders&amp;#8217; equity and the profit / (loss) values for the year&#13;refer to the interest held by CSN in these companies.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10.b)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Changes in investments&#13;    in subsidiaries, jointly controlled companies, joint operations, associates and other investments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 47%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Opening&#13;    balance of investments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,482,974&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,630,613&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Capital increase/acquisition&#13;    of shares&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,400&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;27,909&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(82,642)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(94,603)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Comprehensive income&#13;    &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;6,895&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,592)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Equity in results of affiliated companies(3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;124,324&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;175,524&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Update of shares measured&#13;    at fair value through profit or loss (Note 14 II)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;12,579&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(118,780)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Reclassification of&#13;    Usiminas&amp;#8217; shares&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(2,114,620)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Consolidation of CBSI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(8,775)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amortization of fair&#13;    value - investment MRS&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11,747)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11,747)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;123&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;45&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Closing balance&#13;    of investments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,535,906&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,482,974&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In 2020, it mainly refers to dividends of the&#13;    subsidiary CSN Minera&amp;#231;&amp;#227;o SA in the amount of R$2,437,482 (R$4,060,816 on December 31, 2019).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Refers to translation to the reporting currency&#13;    of the foreign investments of which functional currency is not the Brazilian Reais, actuarial gain/loss and gain/loss on investment&#13;    hedge from investments accounted for under the equity method.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The table below shows the reconciliation of&#13;    the equity in results of affiliated companies classified as joint venture and associates and the amount disclosed in the income&#13;    statement and it is due to the elimination of the results of the CSN&amp;#180;s transactions with these companies.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 47%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equity&#13;    in results of affiliated companies&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;MRS&#13;    Log&amp;#237;stica S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;160,370&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;187,597&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CBSI&#13;    - Companhia Brasileira de Servi&amp;#231;os de Infraestrutura &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;6,695&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transnordestina&#13;    Log&amp;#237;stica S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(28,952)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(17,100)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Arvedi&#13;    Metalfer do Brasil S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6,765)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,682)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Equimac&#13;    S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(329)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;124,324&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;175,524&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Eliminations&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;To&#13;    cost of sales&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(46,751)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(57,908)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;To&#13;    taxes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15,895&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19,689&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amortizated&#13;    at fair value - Investment in MRS&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11,747)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11,747)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,966)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;157&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equity in results&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;71,755&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;125,715&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Refers to equity&#13;    income until November 30, 2019, as of this date, the joint venture started to be controlled and consolidated, according to&#13;    note 10 c.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10.c)Additional&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;information on&#13;    operating controlled companies&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;With&#13;the primary objective of reducing the Company&amp;#8217;s financial leverage, Management is committed to a plan to dispose of a set&#13;of assets, however, it is not possible to confirm that the sale within a period of 12 months is highly probable for any of the&#13;assets contemplated in the plan. The Company considers several sales scenarios that vary according to different macroeconomic&#13;and operational assumptions. In this context, the Company did not segregate and did not reclassify such assets in the financial&#13;statements as discontinued operations in accordance with IFRS 5.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;SEPETIBA TECON SA (&amp;#8220;Tecon&amp;#8221;)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;It&#13;aims to explore Container Terminal No. 1 at the Port of Itagua&amp;#237;, located in Itagua&amp;#237;, in the State of Rio de Janeiro.&#13;The terminal is connected to the UPV by the Southeastern railway network, which is granted to MRS Log&amp;#237;stica SA The services&#13;provided are handling operations and storage of containers, steel products and cargo in general, among other products and services&#13;for washing, maintenance and hygiene of containers.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tecon&#13;won a bidding procedure and entered into the lease agreement in October 23, 1998 for operation of the port terminal for a period&#13;of 25 years, extendable for an equal period.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Upon&#13;termination of the lease, all rights and benefits transferred to Tecon will return to the Federal Government, together with the&#13;assets owned by Tecon and those resulting from investments made by it in leased assets, declared reversible by the Federal Government&#13;as they are necessary for the continuity of the provision. of the service granted. The assets declared reversible will be indemnified&#13;by the Federal Government at the residual value of their cost, determined by Tecon&amp;#8217;s accounting records after deducting&#13;depreciation.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;ESTANHO DE ROND&amp;#212;NIA SA (&amp;#8220;ERSA&amp;#8221;)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Headquartered&#13;in the state of Rond&amp;#244;nia, the subsidiary operates two units, one in the city of Itapu&amp;#227; do Oeste / RO and the other in&#13;Ariquemes / RO. Mining is located in Itapu&amp;#227; do Oeste, where cassiterite (tin ore) is extracted, and in Ariquemes, the foundry&#13;where metallic tin is obtained, which is the raw material used at UPV for the manufacture of metal sheets.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;COMPANHIA METAL&amp;#218;RGICA PRADA (&amp;#8220;Prada&amp;#8221;)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Prada&#13;operates in two segments: metal steel packaging and flat steel processing and distribution.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: italic 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Packaging&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: italic 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;the steel metallic packaging segment, Prada produces the best and safest in cans, buckets and aerosols. It serves the chemical&#13;and food segments, providing packaging and lithography services to the main companies in the market.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: italic 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Distribution&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: italic 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Prada&#13;also operates in the flat steel processing and distribution area, with a diversified product line. Supplies coils, rolls, plates,&#13;strips, &lt;i&gt;blanks&lt;/i&gt;, metal sheets, profiles, tubes and tiles, among other products, for the most different segments of the industry&#13;- from automotive to civil construction. It is also specialized in providing steel processing services, meeting the demand of&#13;companies from all over the country.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;CSN ENERGIA S.A.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Its&#13;main objective is the distribution of the excess electric power generated by CSN and Companies, consortiums or other entities&#13;in which CSN holds an interest.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;FTL - FERROVIA TRANSNORDESTINA LOG&amp;#205;STICA SA (&amp;#8220;FTL&amp;#8221;)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Company&#13;created for the purpose of incorporating the spun-off portion of Transnordestina Log&amp;#237;stica SA It operates public cargo transportation&#13;services in the northeast of Brazil, in the stretches between the cities of S&amp;#227;o Lu&amp;#237;s and Altos, Altos and Fortaleza,&#13;Fortaleza and Sousa, Sousa and Recife / Jorge Lins, Recife / Jorge Lins and Salgueiro, Jorge Lins and Propri&amp;#225;, Paula Cavalcante&#13;and Cabedelo (Branch of Cabedelo) and Itabaiana and Macau (Branch of Macau) (&amp;#8220;Malha I&amp;#8221;)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;November 13, 2019, CSN subscribed FTL shares through the capitalization of credits arising from Advances for Future Capital Increase&#13;(AFAC) in the amount of R$27,670, passing its interest in FTL&amp;#8217;s capital from 91.69% to 92.38%. As a result of the operations&#13;described above, which caused a change in shareholder participation, the Company recorded a loss in the amount of R$293, recorded&#13;in shareholders&amp;#8217; equity under &amp;#8220;Other comprehensive income&amp;#8221; There was no change in the corporate structure in&#13;2020.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;CSN MINERA&amp;#199;&amp;#195;O S/A (&amp;#8220;CSN Minera&amp;#231;&amp;#227;o&amp;#8221;)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Headquartered&#13;in Congonhas, in the State of Minas Gerais, CSN Minera&amp;#231;&amp;#227;o SA has as its main objective the production, purchase and&#13;sale of iron ore, and has the foreign market as its main focus in the commercialization of its products. As of November 30, 2015,&#13;CSN Minera&amp;#231;&amp;#227;o SA started to centralize CSN&amp;#8217;s mining operations, including the establishments of the Casa de Pedra&#13;mine, the TECAR port and an 18.63% stake in MRS. CSN&amp;#8217;s interest in this subsidiary is 87.52% as of December 31, 2020.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&amp;#149; &lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&#13;MIN&amp;#201;RIOS NACIONAL SA (&amp;#8220;Min&amp;#233;rios Nacional&amp;#8221;)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Headquartered&#13;in Congonhas, in the State of Minas Gerais, Min&amp;#233;rios Nacional has as main objective the production and sale of iron ore.&#13;The subsidiary concentrates the mining rights assets related to the Fernandinho, Cayman and Pedras Pretas mines, all in Minas&#13;Gerais transferred to Min&amp;#233;rios Nacional SA in the business combination operation that took place in 2015.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;CBSI - COMPANHIA BRASILEIRA DE INFRASTRUCTURE SERVICES (&amp;#8220;CBSI&amp;#8221;)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Previously&#13;located in the city of Arauc&amp;#225;ria-PR, CBSI is currently headquartered in the city of Volta Redonda and its main purpose is&#13;to render services to CSN, CSN&amp;#8217;s subsidiaries and third parties related to the recovery and maintenance of industrial machinery&#13;and equipment, civil maintenance, industrial cleaning, preparation product logistics, among others.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;investment is the result of a joint venture between CSN and CKTR Brasil Servi&amp;#231;os Ltda. in 2011 which previously held a 50%&#13;stake. On November 29, 2019, the Company completed the acquisition of the remaining 50% of CBSI&amp;#8217;s shares for R$24,000. The&#13;goodwill for expected future profitability generated on the acquisition was R$15,225 and is separately classified within Investments&#13;in non-current assets.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10.d)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint ventures&#13;    and joint operations financial information&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;balance sheet and income statement balances of the companies whose control is shared are shown below and refer to 100% of the&#13;companies&amp;#8217; results:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 30%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="5" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; font-style: italic; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-Venture&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; font-style: italic; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Joint-Operation&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; font-style: italic; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-Venture&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-Operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equity&#13;    interest (%)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;MRS&#13;    Log&amp;#237;stica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Transnordestina&#13;    Log&amp;#237;stica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equimac&#13;    S.A.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;It&amp;#225;&#13;    Energ&amp;#233;tica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;MRS&#13;    Log&amp;#237;stica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Transnordestina&#13;    Log&amp;#237;stica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;It&amp;#225;&#13;    Energ&amp;#233;tica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;34.94%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;47.26%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;50.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;48.75%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;34.94%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;47.26%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;48.75%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    sheet&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Current Assets&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;    and cash equivalents&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,206,484&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,390&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,351&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;48,919&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;670,296&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;17,166&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;65,793&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Advances&#13;    to suppliers&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;27,312&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,948&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;742&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20,100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,240&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;363&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    current assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;823,204&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;51,793&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,356&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;89,521&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,326,281&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;59,405&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15,955&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total current assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,057,000&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;55,131&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,707&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;139,182&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,016,677&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;79,811&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;82,111&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Noncurrent&#13;    Assets&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    non-current assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;608,878&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;225,492&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20,807&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;789,562&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;258,391&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;24,361&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments,&#13;    PP&amp;#38;E and intangible assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,537,009&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,574,588&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11,365&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;390,672&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;8,316,033&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,968,447&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;426,403&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total non-current&#13;    assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,145,887&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,800,080&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11,365&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;411,479&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;9,105,595&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,226,838&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;450,764&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11,202,887&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,855,211&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15,072&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;550,661&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11,122,272&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,306,649&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;532,875&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Current Liabilities&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&#13;    and financing&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;828,439&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;241,029&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;653,784&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;103,877&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lease&#13;    liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;317,526&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;256,034&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    current liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,117,975&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;125,794&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;602&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19,721&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,561,684&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;171,821&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,793&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total current liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,263,940&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;366,823&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;602&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;19,721&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,471,502&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;275,698&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;16,793&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Noncurrent&#13;    Liabilities&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&#13;    and financing&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,162,657&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,368,070&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,369,615&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,084,424&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lease&#13;    liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,674,594&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,650,758&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    non-current liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;788,862&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;665,653&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15,900&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;527,871&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;430,603&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,550&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total non-current&#13;    liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,626,113&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7,033,723&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15,900&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;4,548,244&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;6,515,027&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;16,550&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Shareholders&amp;#8217;&#13;    equity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,312,834&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,454,665&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;14,470&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;515,040&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;4,102,526&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,515,924&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;499,532&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    liabilities and shareholders&amp;#8217;&lt;br /&gt;equity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11,202,887&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,855,211&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15,072&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;550,661&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11,122,272&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,306,649&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;532,875&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 28%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;01/01/2020&#13;    to 12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;01/01/2019&#13;    to 11/30/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;01/01/2019&#13;    to 12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="5" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-Venture&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-Operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-Venture&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-Operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equity&#13;    interest (%)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;MRS&#13;    Log&amp;#237;stica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Transnordestina&#13;    Log&amp;#237;stica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equimac&#13;    S.A.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;It&amp;#225;&#13;    Energ&amp;#233;tica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;CBSI&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;MRS&#13;    Log&amp;#237;stica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Transnordestina&#13;    Log&amp;#237;stica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;It&amp;#225;&#13;    Energ&amp;#233;tica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;34.94%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;47.26%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;50.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;48.75%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;50.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;34.94%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;46.30%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;48.75%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Statements&#13;    of Income&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;    revenue&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,604,965&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;35&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;2,308&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;173,426&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;267,436&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,200,809&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;163,048&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&#13;    of sales and services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,521,991)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(2,386)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(74,048)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(233,830)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(2,382,828)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(83,129)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gross profit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,082,974&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;35&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(78)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99,378&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;33,606&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;817,981&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;79,919&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operating&#13;    (expenses) income&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(105,267)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(42,108)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(576)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(67,885)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(12,328)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;207,840&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(18,077)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(62,660)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;    income (expenses), net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(330,756)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(19,186)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(4)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(764)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,460)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(268,089)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(18,386)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,183&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income before income tax and social&lt;br /&gt;contribution&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;646,951&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(61,259)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(658)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;30,729&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;19,818&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;757,732&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(36,463)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18,442&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td colspan="2" style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&#13;    and deferred income tax&lt;br /&gt;and social contribution&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(216,649)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(10,391)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(6,428)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(254,378)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6,147)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Profit / (loss)&#13;    for the period&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;430,302&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(61,259)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(658)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;20,338&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;13,390&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;503,354&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(36,463)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12,295&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;IT&amp;#193; ENERG&amp;#201;TICA SA - (&amp;#8220;ITASA&amp;#8221;)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;ITASA&#13;is a corporation established in July 1996 that was engaged to operate under a concession, the It&amp;#225; Hydropower Plant (&amp;#8220;UHE&#13;It&amp;#225;&amp;#8221;), with 1,450 MW of installed power, located on the Uruguay River, on the Santa Catarina and Rio Grande do Sul&#13;state border. The UHE It&amp;#225; concession is shared with ENGIE Brasil Energia S.A., with CSN holding 48.75%.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;MRS LOGISTICA S.A.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Located&#13;in the city of Rio de Janeiro-RJ, the company aims to exploit, for an onerous concession, the public service of railway cargo&#13;transportation in the areas of the Southeast Network, located on the Rio de Janeiro, S&amp;#227;o Paulo and Minas Gerais axis, previously&#13;held by the extinct Rede Ferrovi&amp;#225;ria Federal SA - RFFSA. The concession has a term of 30 years from December 1, 1996, extendable&#13;for an equal period by exclusive decision of the grantor.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;MRS&#13;can also explore modal transport services related to rail transport and participate in projects aimed at expanding the rail services&#13;granted.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;For&#13;the provision of services, MRS leased from RFFSA, for the same period of the concession, the assets necessary for the operation&#13;and maintenance of rail freight transport activities. At the end of the concession, all leased assets will be transferred to the&#13;possession of the railway transport operator designated in that same act.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company directly holds an 18.64% interest in the capital of MRS and indirectly, through its subsidiary CSN Minera&amp;#231;&amp;#227;o&#13;SA, a 16.30% interest in the capital of MRS, totaling a 34.94% interest.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;CONS&amp;#211;RCIO DA USINA HIDREL&amp;#201;TRICA DE IGARAPAVA&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Igarapava Hydroelectric Plant is located in Rio Grande, in the city of Conquista - MG, and has an installed capacity of 210 MW,&#13;formed by 5 Bulb-type generating units.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN&#13;holds 17.92% of the investment in the consortium, whose object is the distribution of electricity, which is distributed according&#13;to the percentage of participation of each company.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;balance of property, plant and equipment, net of depreciation on December 31, 2020 is R$21,287 (R$22,441 on December 31, 2019)&#13;and the expense amount in 2020 was R$6,611 (R$6,497 in 2019).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;TRANSNORDESTINA LOG&amp;#205;STICA SA (&amp;#8220;TLSA&amp;#8221;)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Its&#13;main objective is the exploration and development of the public rail freight transport service in the Northeast network of Brazil,&#13;comprising the stretches of Eliseu Martins-Trindade, Trindade-Salgueiro, Salgueiro-Porto Suape, Salgueiro - Miss&amp;#227;o Velha&#13;and Miss&amp;#227;o Velha - Pec&amp;#233;m (Malha II).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;It&#13;is in the pre-operational phase and should remain so until the completion of Mesh II. The approved schedule, which provided for&#13;the completion of the work for January 2017, is currently under discussion with the responsible bodies, as described in note 31.b.&#13;Its Management understands that new deadlines for the completion of the project will not substantially negatively imply the expected&#13;return on investment.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;May 2019, the Northeast Investment Fund - FINOR transferred to CSN, BNDES and BNDESPAR, 1,677,816 (one million six hundred and&#13;seventy-seven thousand, eight hundred and sixteen) class &amp;#8220;B preferred shares, of which 501,789 (five hundred and one thousand,&#13;seven hundred and eighty-nine) shares were transferred specifically to CSN. As of December 31, 2020 and 2019, the Company&amp;#8217;s&#13;interest in the capital of TLSA is 47.26% of the total capital and 92.60% of the voting capital.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Management&#13;relies on resources from its shareholders and third parties to complete the work, as described in item 31.b, which it expects&#13;to be available, based on previously concluded agreements and recent discussions between the parties involved. After evaluating&#13;this matter, Management concluded that the use of the project&amp;#8217;s business continuity accounting basis in the preparation&#13;of the financial statements for the year ended December 31, 2020 was considered appropriate.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;this sense, TLSA performed a recoverability test of its own long-lived assets using the discounted cash flow method. To carry&#13;out the test, TLSA adopted the following main premises:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 2.85pt 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Measurement&#13;of recoverable value&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 2.85pt 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border: black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 50%; text-align: center; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal; border-image: none"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cash&#13;    Flow Projection&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 50%; text-align: center; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;By&#13;    2057&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gross&#13;    margin&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estimated&#13;    based on market study to capture cargo and operating costs according to market trend studies&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&#13;    estimate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Study-based&#13;    costs and market trends&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Perpetuity&#13;    growth rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Growth&#13;    rate was not considered as a result of the projection model until the end of the concession.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discount&#13;    rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Range&#13;    from 5.83% to 7.41% in real terms&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Additionally,&#13;CSN, as an investor, carried out its impairment test of its interest in TLSA through the ability to distribute dividends by TLSA,&#13;a methodology known as the Dividend Discount Model, or DDM, to remunerate the capital invested by its shareholders. For the performance&#13;of this test, some factors were taken into account, such as:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The dividend flow&#13;    was extracted from TLSA&amp;#8217;s nominal cash flow;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The dividend flow&#13;    was calculated considering the percentages of annual participation, considering the dilutions of CSN&amp;#8217;s participation&#13;    resulting from the amortization of debts;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;This dividend flow&#13;    was then discounted to present value using the cost of equity (Ke) embedded in TLSA&amp;#8217;s WACC rate; and&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;This extracted Ke&#13;    was the one calculated in &amp;#8220;&lt;i&gt;rolling WACC&lt;/i&gt;&amp;#8221; From TLSA.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Due&#13;to the sharing of investors&amp;#8217; risks and the fact that the asset being tested represents the cash-generating unit itself,&#13;which in turn equals the legal entity, the risk determined by CSN&amp;#8217;s Management is the same as that applied by TLSA when&#13;evaluation of the investment of its own assets, with no additional risk factor to the model.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;a result of the test carried out, it was not necessary to record losses due to &lt;i&gt;impairment&lt;/i&gt; of this investment for the year&#13;ended December 31, 2020.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;EQUIMAC SA&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;August 2019, CSN Equipamentos SA was incorporated, which had its corporate name changed to Equimac SA (&amp;#8220;Equimac&amp;#8221;)&#13;on June 26, 2020. The &lt;i&gt;joint venture&lt;/i&gt; Equimac was created through a partnership between Unidas Guindastes Eireli and CSN,&#13;each with a 50% stake in its share capital. Equimac is located in the city of S&amp;#227;o Paulo and its main objective is to rent&#13;commercial and industrial machinery and equipment.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10.e)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Additional information&#13;    on indirect participation in abroad operations&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;STAHLWERK&#13;TH&amp;#220;RINGEN GMBH (&amp;#8220;SWT&amp;#8221;)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;SWT&#13;was formed from the defunct Maxh&amp;#252;tte steel industrial complex in the city of Unterwellenborn in Germany. SWT produces steel&#13;profiles used for civil construction in accordance with international quality standards. Its main raw material is steel scrap,&#13;and its installed production capacity is 1.1 million tons of steel / year. SWT is a wholly and indirectly controlled company through&#13;CSN Steel SLU, a CSN subsidiary.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;COMPANHIA&#13;SIDERURGICA NACIONAL - LLC (&amp;#8220;CSN LLC&amp;#8221;)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Incorporated&#13;in 2001 with the assets and liabilities of the defunct Heartland Steel Inc., CSN LLC, an industrial plant in Terre Haute, State&#13;of Indiana - USA, where is the complex composed of cold rolling, hot coil stripping line and line of galvanizing, its installed&#13;production capacity is 800 thousand tons / year. CSN LLC is wholly and indirectly controlled through CSN Steel SLU after the merger,&#13;formerly CSN Americas SLU, a subsidiary of CSN.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;June 5, 2018, CSN LLC had its corporate name changed to &amp;#8220;Heartland Steel Processing, LLC&amp;#8221;. On the same date, a new&#13;company was created under the name &amp;#8220;Companhia Sider&amp;#250;rgica Nacional, LLC&amp;#8221;, a wholly owned subsidiary of Heartland&#13;Steel Processing, LLC. On June 28, 2018, Companhia Sider&amp;#250;rgica Nacional, LLC., Became a wholly-owned subsidiary of CSN Steel,&#13;and, on June 29, 2018, Heartland Steel Processing, LLC. was sold to Steel Dynamics, Inc. (&amp;#8220;SDI&amp;#8221;) for the base transaction&#13;price of US$400 million.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;new &amp;#8220;Companhia Sider&amp;#250;rgica Nacional, LLC&amp;#8221; is an importer and trader of steel products and maintains its activities&#13;in the United States.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;LUSOSIDER&#13;A&amp;#199;OS PLANOS, SA (&amp;#8220;Lusosider&amp;#8221;)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Founded&#13;in 1996, in continuity with Siderurgia Nacional - a company privatized by the Portuguese government that year, Lusosider is the only&#13;Portuguese industry in the steel sector to produce cold-rolled flat steel with an anti-corrosion coating. Lusosider has an installed&#13;capacity of around 550 thousand tons / year to produce four major groups of steel products: galvanized sheet, cold rolled sheet, pickled&#13;sheet and oiled sheet. The products manufactured by Lusosider can be applied in the packaging industry, civil construction (tubes and&#13;metallic structures) and in home appliance components.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10.f)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other investments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;PANATL&amp;#194;NTICA SA (&amp;#8220;Panatl&amp;#226;ntica&amp;#8221;)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Publicly-held&#13;corporation headquartered in Gravata&amp;#237;-RS, whose purpose is the industrialization, trade, import, export and processing of&#13;steel and metals, ferrous or non-ferrous, coated or not. This investment is classified at fair value through profit or loss.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company currently holds 11.31% on December 31, 2020 and 2019) of Panatl&amp;#226;ntica&amp;#8217;s total share capital.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;USINAS SIDER&amp;#218;RGICAS DE MINAS GERAIS SA - USIMINAS (&amp;#8220;USIMINAS&amp;#8221;)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;USIMINAS&#13;is headquartered in Belo Horizonte, State of Minas Gerais, with the objective of exploring the steel industry and related companies.&#13;USIMINAS produces flat-rolled steel at the Intendente C&amp;#226;mara and Jos&amp;#233; Bonif&amp;#225;cio de Andrada e Silva plants, located&#13;in Ipatinga / MG and Cubat&amp;#227;o / SP, respectively, for the domestic and export markets. It also owns and operates iron ore&#13;mines located in the city of Ita&amp;#250;na / MG, which aims to meet the strategies of verticalization and optimization of production&#13;costs. USIMINAS maintains service and distribution centers located in various regions of the country, in addition to the ports&#13;of Cubat&amp;#227;o in S&amp;#227;o Paulo and Praia Mole in Esp&amp;#237;rito Santo, as strategic points for the flow of its production.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;April 9, 2014, CADE issued a decision regarding the Usiminas shares held by CSN, and CSN signed a Performance Commitment Term&#13;(&amp;#8220;TCD&amp;#8221;), with CADE in this regard. Pursuant to the decision of CADE and TCD, CSN must reduce its participation in&#13;USIMINAS, within a specified period. The term and percentage of reduction are confidential. In addition, political rights at Usiminas&#13;will remain suspended until the Company reaches the limits established in the TCD.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;December 2019, the Company opted to reclassify the investment measured at fair value through profit or loss to current assets&#13;through a new decision by Management regarding the maintenance of shares in line with its asset sale strategy.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;USIMINAS&#13;is listed on the S&amp;#227;o Paulo Stock Exchange (&amp;#8220;B3 SA&amp;#8221;: USIM3 and USIM5).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of December 31, 2020 and December 31, 2019, the Company&amp;#8217;s stake in USIMINAS &amp;#8216;capital was 15.19% in common shares and&#13;20.29% in preferred shares.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;ARVEDI METALFER DO BRASIL SA (&amp;#8220;Arvedi&amp;#8221;)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;Arvedi,&#13;headquartered in Salto, State of S&amp;#227;o Paulo, is engaged in pipe production&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;.&#13;As of December 31, 2020 and 2019, CSN had a 20.00% interest in Arvedi&amp;#8217;s share capital.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equity&#13;method of accounting&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;equity method of accounting for subsidiaries, jointly controlled and affiliated companies is applied. Other investments are held&#13;at fair value or cost.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subsidiaries:&#13;&lt;/b&gt;They are entities in which the Company has significant influence over its financial and operating policies and / or potential&#13;exercisable or convertible voting rights. Subsidiaries are fully consolidated from the date on which control is transferred to&#13;the Company and cease to be consolidated on the date on which control ceases.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Jointly&#13;Controlled:&lt;/b&gt; are all entities in which the Company has jointly contractually controlled control with one or more parties and&#13;can be classified as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Joint&#13;operations&lt;/u&gt;: are accounted for in the financial statements to represent the Company&amp;#8217;s contractual rights and obligations.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;Jointly&#13;controlled entities&lt;/u&gt;: are accounted for using the equity method and are not consolidated.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Affiliates:&#13;are all entities in which the Company has significant influence, but not control. Usually, 20% to 50% voting interest investments&#13;in associates are initially recognized at cost and subsequently measured using the equity method.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Exclusive&#13;funds&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;exclusive funds are private investment funds in which CSN&amp;#8217;s resources are allocated according to the Company&amp;#8217;s intention.&#13;They are managed by BNY Mellon Servi&amp;#231;os Financeiros DTVM SA and Caixa Econ&amp;#244;mica Federal (CEF).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Transactions&#13;between subsidiaries, affiliates, &lt;i&gt;joint ventures&lt;/i&gt; and &lt;i&gt;joint operations&lt;/i&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Unrealized&#13;balances and gains on transactions with subsidiaries, joint ventures and associates are eliminated proportionally to CSN&amp;#8217;s&#13;interest in the entity in question in the consolidation process. Unrealized losses are eliminated in the same way as unrealized&#13;gains, but only insofar as there is no evidence of impairment. The effects on the results of transactions with jointly controlled&#13;subsidiaries are also eliminated, where part of the equity in results of jointly controlled entities is reclassified to financial&#13;expenses, cost of products sold and income and social contribution taxes.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;subsidiaries and jointly controlled entities have the same reporting date and accounting policies as those adopted by the Company.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Foreign&#13;currency transactions and balances&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;transactions in foreign currencies are translated into the functional currency using the exchange rates in effect at the dates&#13;of the transactions or valuations when their values are remeasured. Foreign exchange gains and losses resulting from the settlement&#13;of those transactions and from the translation at exchange rates in effect as of December 31, 2019 related to monetary assets&#13;and liabilities denominated in foreign currencies are recognized in the income statement as financial result, except when they&#13;are recognized in shareholders' equity as a result of foreign operation characterized as foreign investment.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;According&#13;to IAS 21 and IFRIC 22 &amp;#8211; foreign currency transactions and advance consideration, the transactions in which the Company&#13;recognizes a non-monetary asset or non-monetary liability involving prepayments or receipts in foreign currency are recorded at&#13;the exchange rate of the date the entity initially recognized (transaction date) the non-monetary asset or non-current liability&#13;monetary&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Impairment&#13;testing&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&#13;are reviewed for verification of &lt;i&gt;impairment&lt;/i&gt; whenever events or changes in circumstances indicate that the carrying amount&#13;may not be recoverable. An impairment loss is recognized for the amount by which the asset's carrying amount exceeds its recoverable&#13;amount.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10.g)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investment property&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;balance of investment properties as of December 31, 2020 is shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="width: 43%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Land&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Buildings&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;68,877&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;32,318&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;101,195&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; text-align: right; padding-left: 12px; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;68,877&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; text-align: right; padding-left: 12px; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;53,816&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; text-align: right; padding-left: 12px; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;122,693&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accumulated depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(21,498)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(21,498)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;68,877&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;32,318&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;101,195&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Acquisitions&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;28,733&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;32,864&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;61,597&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Depreciation&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,786)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,786)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Write-off&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(132)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(132)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;97,610&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;62,264&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;159,874&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;97,610&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;86,548&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;184,158&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accumulated&#13;    depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(24,284)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(24,284)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;97,610&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;62,264&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;159,874&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company&amp;#8217;s estimate of the fair value of investment properties was of R$1,863,563 at December 31, 2020 (R$1,781,019 at December&#13;31, 2019).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;average estimated useful lives for the years are as follows (in years):&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 47%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Buildings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;27&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;21&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company&amp;#8217;s investment properties consist of land and buildings maintained to earn rental income and capital appreciation.&#13;The measurement method used is that of the acquisition or construction cost less accumulated depreciation and reduction to its&#13;recoverable value, when applicable. The accumulated depreciation of buildings is calculated using the straight-line method based&#13;on the estimated useful life of the properties subject to depreciation. Land is not depreciated because it has an indefinite useful&#13;life.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfJointVenturesExplanatory>
    <ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;PROPERTY, PLANT&#13;    AND EQUIPMENT&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="width: 21%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Land&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Buildings&#13;    and Infrastructure&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Machinery,&#13;    equipment and facilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Furniture&#13;    and fixtures&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Construction&#13;    in progress&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Right&#13;    of use (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    (*)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;226,949&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,062,238&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;12,603,619&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;28,455&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,217,052&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;472,345&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;90,286&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;19,700,944&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;226,949&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,250,471&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;24,372,514&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;170,229&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,217,052&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;531,044&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;386,144&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;33,154,403&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accumulated&#13;    depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,188,233)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11,768,895)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(141,774)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(58,699)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(295,858)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(13,453,459)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;226,949&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,062,238&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;12,603,619&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;28,455&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,217,052&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;472,345&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;90,286&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;19,700,944&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    of foreign exchange differences&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;30,271&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;57,838&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;186,591&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,416&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,727&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,329&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,823&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;287,995&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Acquisitions&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;654&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;865&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;122,744&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;874&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,583,054&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;49,934&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,156&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,762,281&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Capitalized&#13;    interest (1) (notes 28 and 33)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;92,506&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;92,506&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Write-offs&#13;    (note 27)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(188)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,073)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(33)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(9)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(7,318)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,377)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(12,998)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Depreciation&#13;    (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(458)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(780,395)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,564,525)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(6,747)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(62,680)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(24,517)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,439,322)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfers&#13;    to other asset categories&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;458&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;67,574&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,112,024&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,338&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,212,373)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;30,979&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfers&#13;    to intangible assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,633)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,633)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Right&#13;    of use - Remesurement&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;60,058&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;60,058&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Update&#13;    of the ARO (Asset retirement obligation)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;269,445&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;269,445&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(48)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(53)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;257,686&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,677,565&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;12,457,383&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;26,297&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,680,322&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;516,668&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100,302&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;19,716,223&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;257,686&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,752,412&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;26,213,225&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;182,974&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,680,322&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;634,786&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;414,705&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;36,136,110&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accumulated&#13;    depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,074,847)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(13,755,842)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(156,677)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(118,118)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(314,403)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(16,419,887)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;257,686&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,677,565&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;12,457,383&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;26,297&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,680,322&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;516,668&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100,302&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;19,716,223&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 12pt"&gt;&#13;  &lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="width: 34%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 5%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 6%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: white"&gt;&#13;    &lt;td style="vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Land&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Buildings and Infrastructure&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Machinery, equipment and facilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Furniture and fixtures&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Construction in progress&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Right of use (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Other (*)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Balance at December 31, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;287,854&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;2,678,638&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;11,687,271&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;30,530&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;3,282,436&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;-&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;80,135&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;18,046,864&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;287,854&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;3,751,429&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;22,426,782&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;165,331&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;3,282,436&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;355,768&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;30,269,600&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Accumulated depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(1,072,791)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(10,739,511)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(134,801)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(275,633)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(12,222,736)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Balance at December 31, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;287,854&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;2,678,638&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;11,687,271&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;30,530&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;3,282,436&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;-&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;80,135&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;18,046,864&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Effect of foreign exchange differences&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;1,499&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;2,978&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;8,033&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;106&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;2,464&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;56&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;15,136&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Acquisitions&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;6,125&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;16,116&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;459,460&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;1,763&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;1,924,520&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;43,111&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;41,574&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;2,492,669&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Capitalized interest (1) (notes 28 and 33)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;13.0&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;117,176&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;117,189&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Write-offs (note 27)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(2,143)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(130)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(80,426)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(30,400)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(1,354)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(149)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(114,603)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Depreciation (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(135,313)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(1,241,026)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(5,999)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(58,843)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(25,038)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(1,466,219)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Transfers to other asset categories&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;790&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;294,872&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;1,766,047&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;2,629&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(2,053,290)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(11,048)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Transfers to intangible assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(31)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(11,865)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(11,896)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Right of use - initial recognition&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;640,989&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;640,989&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Right of use - Remesurement&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(151,558)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(151,558)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Update of the ARO (Asset retirement obligation)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;225,125&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;225,125&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Transfers to investment property&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(67,176)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(20,030)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(13,989)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(101,195)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Consolidation CBSI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;4,940&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(573)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;4,756&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;9,123&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(680)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(680)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Balance at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;226,949&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;3,062,238&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;12,603,619&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;28,455&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;3,217,052&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;472,345&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;90,286&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;19,700,944&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;226,949&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;4,250,471&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;24,372,514&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;170,229&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;3,217,052&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;531,044&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;386,144&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;33,154,403&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Accumulated depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(1,188,233)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(11,768,895)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(141,774)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(58,699.0)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(295,858)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(13,453,459)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Balance at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;226,949&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;3,062,238&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;12,603,619&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;28,455&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;3,217,052&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;472,345&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;90,286&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;19,700,944&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;/table&gt;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;Refer substantially to: &lt;b&gt;i)&lt;/b&gt; in the consolidated picture: assets for railway use, such as yards, rails, mines and dormant;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The cost of capitalized interest is calculated,&#13;    basically, for Mining projects that substantially refer to the expansion of Casa de Pedra (MG) and TECAR (RJ) - see notes&#13;    28 and 33. The average rate used for the capitalization of interest on non-specific projects in the period ended December&#13;    31 2020 was 5.62% per year (6.58% per year as of December 31, 2019).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Right of use&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Below&#13;the movements of the right of use recognized on December 31, 2020 and 2019:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="width: 41%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Land&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Buildings&#13;    and Infrastructure&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Machinery,&#13;    equipment and facilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance at December&#13;    31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;380,566&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;64,154&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;24,144&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,481&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;472,345&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;401,746&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;73,344&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;39,455&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;16,499&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;531,044&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accumulated&#13;    depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(21,180)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(9,190)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(15,311)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(13,018)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(58,699)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;380,566&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;64,154&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;24,144&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,481&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;472,345&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    of foreign exchange differences&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;988&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;294&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,047&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,329&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Addition&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,039&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,561&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23,720&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;12,614&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49,934&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Remesurement&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;34,645&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,827&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;21,557&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;29&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;60,058&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Depreciation&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(24,467)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(983)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(14,211)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(23,019)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(62,680)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Write-offs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(6,580)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(399)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(339)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(7,318)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfers to other asset categories&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(188)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(6,062)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,558)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9,808&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance at December&#13;    31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;393,015&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;66,086&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;51,946&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,621&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;516,668&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;434,689&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;75,882&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;81,598&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;42,617&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;634,786&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accumulated&#13;    depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(41,674)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,796)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(29,652)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(36,996)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(118,118)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;393,015&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;66,086&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;51,946&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,621&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;516,668&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="width: 41%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Land&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Buildings&#13;    and Infrastructure&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Machinery,&#13;    equipment and facilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Initial recognition&#13;    &amp;#8211; Rights of use&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;556,133&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;54,513&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;9,783&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;20,560&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;640,989&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Addition&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;6,719&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;34,197&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,195&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;43,111&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Remeasurement&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(152,915)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,112&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,525)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(6,230)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(151,558)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(21,314)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(9,190)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(15,311)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(13,028)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(58,843)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Write-off&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,338)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(16)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,354)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance at December&#13;    31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;380,566&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;64,154&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;24,144&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,481&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;472,345&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;401,746&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;73,344&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;39,455&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,499&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;531,044&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accumulated depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(21,180)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,190)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(15,311)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(13,018)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(58,699)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance at December&#13;    31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;380,566&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;64,154&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;24,144&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,481&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;472,345&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;average estimated useful lives for the years are as follows (in years):&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 47%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Buildings and Infrastructure&lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;34&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;38&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Machinery, equipment and facilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;21&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Furniture and fixtures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&#13;The decrease was caused by the review of the useful lives of dams infrastructure as a result of technical and functional obsolescence&#13;recorded in 2020 as a result of the use of filter and stack dry tailings in our iron ore production.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;Property,&#13;plant and equipment are carried at cost of acquisition, formation or construction, less accumulated depreciation or depletion&#13;and any impairment loss. Depreciation is calculated under the straight-line method based on the remaining economic useful economic&#13;lives of assets, as mentioned in note 9. The depletion of mines is calculated based on the quantity of ore mined. Land is not&#13;depreciated since their useful life is considered indefinite. However, if the tangible assets are mine-specific, that is, used&#13;in the mining activity, they are depreciated over the shorter between the normal useful lives of such assets and the useful life&#13;of the mine. The Company recognizes in the carrying amount of property, plant and equipment the cost of replacement, and consequently&#13;reducing the carrying amount of the part that is replaced if it is probable that future economic benefits embodied therein will&#13;revert to the Company, and if the cost of the asset can be reliably measured. All other disbursements are expensed as incurred&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Capitalized interest&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowing&#13;costs directly attributable to the acquisition, construction and or production of qualifying assets are capitalized as part of&#13;the cost of the asset when it is probable that they will result in future economic benefits and &lt;font style="line-height: 115%"&gt;until&#13;these projects are completed.&lt;/font&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Development Costs&#13;    of New Ore Deposits&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Costs&#13;for the development of new ore deposits, or for the expansion of the capacity of the mines in operation are capitalized and amortized&#13;by the method of units produced (extracted) based on the probable and proven quantities of ore.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Operating Expenses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exploration&#13;expenses are recognized as expenses until the viability of the mining activity is established; after that period, subsequent costs&#13;are capitalized.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Waste Removal&#13;    Costs&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Expenses&#13;incurred during the development phase of a mine, prior to the production phase, are accounted for as part of the depreciable development&#13;costs. Subsequently, these costs are amortized over the useful life of the mine based on probable and proven reserves.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sterile Costs&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;waste disposal costs incurred in the production phase are added to the stock value, except when a specific extraction campaign&#13;is carried out to access deeper deposits of the deposit. In this case, costs are capitalized and classified in non-current assets&#13;and are amortized over the useful life of the deposit.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfPropertyPlantAndEquipmentExplanatory>
    <ifrs-full:DisclosureOfIntangibleAssetsExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;INTANGIBLE ASSETS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 31%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Goodwill&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Customer&#13;    relationships&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Software&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trademarks&lt;br /&gt;and&lt;br /&gt;patents&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Rights&#13;    and licenses (*)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,606,156&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;246,139&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;53,859&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;153,103&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,170,960&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,564&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,231,781&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Cost&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,846,563&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;585,407&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;171,152&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;153,103&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,189,789&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,564&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;7,947,578&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Accumulated&#13;    amortization&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(131,077)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(339,268)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(117,293)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(18,829)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(606,467)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Adjustment&#13;    for accumulated recoverable value&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(109,330)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(109,330)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,606,156&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;246,139&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;53,859&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;153,103&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,170,960&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,564&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,231,781&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    of foreign exchange differences&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;94,998&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;584&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;62,429&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;638&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;158,649&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Acquisitions&#13;    and expenditures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,837&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,837&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfer&#13;    of property, plant and equipment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;633&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,633&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amortization&#13;    (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(63,096)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11,248)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(5,611)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(79,955)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(151)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(151)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,606,156&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;278,041&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;45,665&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;215,532&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,169,349&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;2,051&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,316,794&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Cost&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,846,563&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;823,540&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;182,059&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;215,532&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,193,787&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;2,051&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;8,263,532&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Accumulated&#13;    amortization&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(131,077)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(545,499)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(136,394)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(24,438)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(837,408)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Adjustment&#13;    for accumulated recoverable value&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(109,330)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(109,330)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,606,156&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;278,041&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;45,665&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;215,532&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,169,349&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;2,051&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,316,794&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 31%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Goodwill&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Customer&#13;    relationships&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Software&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trademarks&lt;br /&gt;and&lt;br /&gt;patents&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Rights&#13;    and licenses (*)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,590,931&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;288,773&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;54,972&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;150,009&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,166,999&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,491&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,253,175&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Cost&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,831,338&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;573,614&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;161,067&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;150,009&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,185,701&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,491&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;7,903,220&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Accumulated&#13;    amortization&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(131,077)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(284,841)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(106,095)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(18,702)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(540,715)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Adjustment&#13;    for accumulated recoverable value&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(109,330)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(109,330)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,590,931&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;288,773&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;54,972&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;150,009&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,166,999&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,491&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,253,175&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    of foreign exchange differences&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,711&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,092&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;33&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;7,839&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Acquisitions&#13;    and expenditures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;$0.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,387&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;40&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,427&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfer&#13;    of property, plant and equipment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;$0.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;7,808&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,088&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11,896&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amortization&#13;    (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(47,345)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(10,657)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(127)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(58,129)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Goodwill&#13;    - acquisition 50% CBSI (note 8.d)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;15,225&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15,225&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Consolidated&#13;    CBSI on November 30, 2019&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;346&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;348&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,606,156&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;246,139&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;53,859&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;153,103&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,170,960&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,564&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,231,781&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Cost&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,846,563&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;585,407&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;171,152&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;153,103&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,189,789&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,564&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;7,947,578&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Accumulated&#13;    amortization&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(131,077)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(339,268)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(117,293)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(18,829)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(606,467)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Adjustment&#13;    for accumulated recoverable value&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(109,330)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(109,330)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,606,156&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;246,139&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;53,859&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;153,103&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,170,960&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,564&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,231,781&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;Composed mainly of mining rights. Amortization is based on production volume.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;average useful life by nature is as follows (in years):&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 47%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Software&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Customer relationships&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Intangible&#13;assets basically comprise assets acquired from third parties, including through business combinations. These assets are recorded&#13;at acquisition or formation cost and deducted from amortization calculated using the straight-line method based on the economic&#13;useful life of each asset, within the estimated periods of exploration or recovery.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Mineral&#13;exploration rights are classified as rights and licenses in the intangible group.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Intangible&#13;assets with an indefinite useful life are not amortized.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12.a)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Goodwill impairment&#13;    test&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Goodwill&#13;arising from expected future profitability of acquired companies and intangible assets with indefinite useful lives (brands) were&#13;allocated to CSN&amp;#8217;s cash generating units (CGUs) which represent the lowest level of assets or group of assets of the Company.&#13;According to IAS36, when a CGU has an intangible asset with no defined useful life allocated, the Company must perform an impairment&#13;test. The CGUs with intangible assets in this situation are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="width: 23%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Goodwill&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trademarks&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cash&#13;    generating of units&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Segment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Packaging &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Steel&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;158,748&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;158,748&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;158,748&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;158,748&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Long steel &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Steel&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;235,595&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;235,595&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;215,532&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;153,103&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;451,127&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;388,698&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Mining &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(3)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Mining&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,196,588&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,196,588&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,196,588&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,196,588&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other Steel &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(4)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Steel&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;15,225&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;15,225&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;15,225&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;15,225&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,606,156&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,606,156&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;215,532&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;153,103&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,821,688&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,759,259&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&#13;&lt;font style="line-height: 115%"&gt;The goodwill of the Packaging cash-generating unit is shown net of impairment loss in the amount&#13;of R$109,330, recognized in 2011&lt;/font&gt;.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&#13;The goodwill and trademark that are recorded in line item intangible assets at long steel segment, those transactions are derived&#13;from the business combination of Stahlwerk Thuringen GmbH ("SWT") and Gallardo Sections CSN. The assets mentioned are considered&#13;to have indefinite useful lives as they are expected to contribute indefinitely to the Company's cash flows.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&#13;Refers to the goodwill based on expectations for future profitability, resulting from the acquisition of Namisa by CSN Minera&amp;#231;&amp;#227;o&#13;concluded in December 2015, which recoverability is tested annually.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4)&#13;On November 29, 2019, CSN acquired the stake held by CKTR Brasil Servi&amp;#231;os Ltda., corresponding to 50% of CBSI's shares, and&#13;now holds 100% of CBSI's share capital.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;impairment testing of the goodwill and the trademark include the balance of property, plant and equipment of the cash-generating&#13;units and the intangible assets. The test is based on the comparison between the actual balances and the value in use of those&#13;units, determining based on the projections of discounted cash flows and use of such assumptions and judgements as: growth rate,&#13;costs and expenses, discount rate, working capital, future Capex investment and macroeconomic assumptions observable in the market.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;main assumptions used in the calculation of the value in use on December 31, 2020, are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="border: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 13%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal; border-image: none"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 15%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Packaging&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 16%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Mining&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 16%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    Steelmaking&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 16%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Flat&#13;    Steel&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 24%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Logistics&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Measurement&#13;    of recoverable value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;DCF&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;DCF&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;DCF&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;DCF&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;DCF&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cash&#13;    Flow Projection&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Until&#13;    2030 + perpetuity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Until&#13;    2064&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Until&#13;    2030 + perpetuity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Until&#13;    2030 + perpetuity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;by&#13;    2027&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross&#13;    margin&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Update&#13;    of gross margin based on historical data, incorporation of the impacts of business restructuring and market trends.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;It&#13;    reflects projection of costs due to the progress of the mining plan as well as startup and project ramp up. Prices and exchange&#13;    rates projected according to sectoral reports.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Update&#13;    of gross margin based on historical data and market trends.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Update&#13;    gross margin based on historical data and market trends.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estimated&#13;    based on market study to capture cargo and operating costs according to market trend studies&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Update&#13;    costs&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Update&#13;    of costs based on historical data for each product and incorporation of the impacts of business restructuring.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Update&#13;    of costs based on historical data, progress of the mining plan as well as startup and project ramp up&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Update&#13;    of costs based on historical data and market trends.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Update&#13;    of costs based on historical data and market trends.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Study-based&#13;    costs and market trends&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Perpetuity&#13;    growth rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;No&#13;    growth.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Without&#13;    perpetuity.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;No&#13;    growth.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Growth&#13;    of 1.4% per year in real terms, updated by long-term inflation of 1.7% per year in the Eurozone.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Without&#13;    perpetuity.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 13%; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Discount&#13;    Rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; width: 87%; vertical-align: bottom; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;For&#13;    packaging, cash flow was discounted using a discount rate of around 8% per year in real terms. For mining, flat steel and&#13;    other steel (CBSI), cash flows were discounted using a discount rate between 7% to 9.5% pa in nominal terms. For logistics,&#13;    cash flow was discounted using a discount rate between 5.87% to 6.40% pa in real terms. The discount rate was based on the&#13;    weighted average cost of capital (&amp;#8220;WACC&amp;#8221;) which reflects the specific risk of each segment.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;refer to the assets of the subsidiary Lusosider, located in Portugal. The discount rate was applied to the discounted cash flow&#13;prepared in Euros, the functional currency of this subsidiary.&lt;/font&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(**)&#13;refer to the assets of the subsidiary FTL - Ferrovia Transnordestina Log&amp;#237;stica SA&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;For&#13;the subsidiary SWT long steel, the measurement of recoverable value was based on fair value and classified as Level 3, based on&#13;unobservable inputs that reflect the assumptions that market participants would use for pricing, including risk assumptions and&#13;discount rate.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Based&#13;on the analyzes carried out by Management, it was not identified the need to record any impairment losses on the balances of these&#13;assets in the year ended December 31, 2020.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Goodwill&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Goodwill&#13;represents the positive difference between the amount paid and/or payable for the acquisition of a business and the net fair value&#13;of assets and liabilities of the subsidiary acquired. Goodwill on acquisitions in business combinations is recorded as intangible&#13;assets in the consolidated financial statements. The gain on bargain purchase is recorded as a gain in the income statement for&#13;the period of the acquisition. Goodwill is tested for impairment annually or at any time when circumstances indicate a possible&#13;loss. Recognized impairment losses on goodwill, if any, are not reversed. Gains and losses on the disposal of a Cash Generating&#13;Unit ("CGU"), if any, include the carrying amount of goodwill related to the CGU sold.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Impairment of&#13;    Non-financial Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assets&#13;that have an indefinite useful life, such as goodwill, are not subject to amortization and are tested annually for impairment.&#13;Assets that are subject to amortization and/or depreciation, such as fixed assets and investment properties, are reviewed for&#13;impairment whenever events or changes in circumstances indicate that the carrying value may not be recoverable. An impairment&#13;loss is recognized for the amount by which the asset's carrying amount exceeds its recoverable amount. The latter is the higher&#13;of an asset's fair value less costs to sell and its value in use. For impairment assessment purposes, assets are grouped at the&#13;lowest levels for which there are separately identifiable incoming cash flows (Cash Generating Units). Non-financial assets other&#13;than goodwill that have suffered impairment are reviewed subsequently each year for possible reversal of the impairment.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfIntangibleAssetsExplanatory>
    <ifrs-full:DisclosureOfBorrowingsExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;13.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;BORROWINGS AND&#13;    FINANCING&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;balances of loans, financing and debentures that are recorded at amortized cost are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8.5pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 31%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Current&#13;    Liabilities&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Noncurrent&#13;    Liabilities&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Albertus Medium; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Foreign Debt&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Floating Rates:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Prepayment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;sup&gt;&amp;#160;&amp;#160;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,119,558&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,769,975&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,457,105&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,563,928&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fixed&#13;    Rates:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bonds,&#13;    Perpetual bonds and Advance on Foreign Exchange Contract&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;sup&gt;&amp;#160;&amp;#160;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;426,676&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,047,032&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;19,898,213&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;10,177,517&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Intercompany&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; vertical-align: top; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fixed&#13;    interest in EUR&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Intercompany&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Facility&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;326,970&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;223,204&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;143,503&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;147,241&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,873,204&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;4,040,211&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;23,498,821&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;12,888,686&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Debt agreements&#13;    in Brazil&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Floating Rate Securities&#13;    in R$:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;BNDES/FINAME,&#13;    Debentures, NCE and CCB&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;sup&gt;&amp;#160;&amp;#160;(3)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,282,279&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,086,985&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;7,716,307&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;10,049,783&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fixed&#13;    Rate Securities in R$:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Intercompany&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;25,038&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,282,279&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,112,023&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,716,307&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;10,049,783&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Borrowings and Financing&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;4,155,483&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,152,234&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;31,215,128&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;22,938,469&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transaction Costs and&#13;    Issue Premiums&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(29,030)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(26,391)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(70,928)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(97,276)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Borrowings and Financing + Transaction cost&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,126,453&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,125,843&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;31,144,200&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;22,841,193&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In 2020, the Company&#13;    renegotiated part of the Prepayment debt in the total amount of U$311 million, postponing part of the maturities of 2020 and&#13;    2021 to 2022.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In 2020, the Company&#13;    issued debt securities representing the foreign market (&amp;#8220;Notes&amp;#8221;), through its subsidiary CSN Inova Ventures, with&#13;    maturity in 2028 and interest rate of 6.75% per year, totaling US$1, 3 billion, of which US$1 billion in January and US$300&#13;    million in November. Additionally, we used US$263 million in the repurchase offer (&amp;#8220;Tender Offer&amp;#8221;) of the Notes&#13;    issued by CSN Resources SA in January 2020. All Notes mentioned above are unconditionally and irrevocably guaranteed by the&#13;    Company.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In June 2020, the&#13;    Company renegotiated a debt rollover in the amount of R$300 million, shifting the maturities of 2020 to the years 2021, 2022&#13;    and 2023.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table shows the average interest rate:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 42%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 28%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; width: 28%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Average&#13;    interest rate (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    debt&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6.63%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;24,901,552&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;EUR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.50%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;470,473&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.82%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;9,998,586&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;35,370,611&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 13.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;To determine the&#13;    average interest rate on debt contracts with floating rates, the Company used the rates applied on December 31, 2020. In The&#13;    Company, it considers the interest rate of the contracts &lt;i&gt;intercompany&lt;/i&gt;.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;13.a)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Maturities of&#13;    loans, financing and debentures presented in current and non-current liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 21%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 31%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 25%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; width: 20%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Principal&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Borrowings&#13;    and financing in foreign currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Borrowings&#13;    and financing in national currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,873,204&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,282,279&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,155,483&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2022&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,683,224&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,859,423&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,542,647&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2023&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,567,133&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,036,338&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,603,471&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2024&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;178,033&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,238,275&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,416,308&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2025&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;68,595&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;68,595&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2026&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,118,021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;68,587&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,186,608&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;After 2026&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,755,710&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;445,089&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,200,799&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Perpetual bonds&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,196,700&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,196,700&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;25,372,025&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,998,586&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;35,370,611&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;13.b)Borrowing&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;and amortization,&#13;    financing and debentures&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table shows amortization and funding during the year:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 44%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 27%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 27%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Opening balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;27,967,036&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;28,827,074&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;New debts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;8,116,247&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10,149,381&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Repayment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(6,448,658)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(11,775,093)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Payments of charges&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,922,130)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,039,112)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accrued charges (Note 28)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;2,002,052&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,996,305&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Consolidation of CBSI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;19,722&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&amp;#160;&amp;#160;&lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;5,556,106&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;788,759&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Closing balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;35,270,653&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;27,967,036&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Including unrealized exchange and monetary variations&#13;    and funding cost.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;2020, the Commpany entered into new debt agreements and amortized borrowings as shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&amp;#149;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;&lt;b&gt;Funding and Amortization&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 37%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 20%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 20%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 20%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Nature&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;New&#13;    debts&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Repayment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Interest&#13;    payment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top-color: black; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Prepayment&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;177,420&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,028,606)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(245,125)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Bonds, Perpetual bonds, ACC, CCE and Facility&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;7,917,929&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(4,458,888)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,237,396)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;BNDES/FINAME, Debentures, NCE and CCB&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;20,898&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(961,164)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(439,609)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;8,116,247&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(6,448,658)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(1,922,130)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&amp;#149;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&#13;&lt;b&gt;Covenants&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company is compliant with its financial and non-financial obligations (covenants). On December 31, 2019, the Company has provisioned&#13;R$10,531 for risk assumption.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&#13;and financing are initially recognized at fair value, net of transaction costs and subsequently measured at amortized cost using&#13;the effective interest and charge methods. Interest, commissions and possible financial charges are recorded pro-rata on an accrual&#13;basis.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company's debt agreements establish the fulfillment of certain non-financial obligations, as well as maintenance of certain parameters&#13;and performance indicators, such as disclosure of its audited financial statements according to regulatory deadlines or payment&#13;of commission on risk assumption if certain financial indicators are triggered.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfBorrowingsExplanatory>
    <ifrs-full:DisclosureOfFinancialInstrumentsExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;14.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;FINANCIAL INSTRUMENTS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;I&#13;- Identification and valuation of financial instruments&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company may operate with several financial instruments, with emphasis on cash and cash equivalents, including financial investments,&#13;marketable securities, accounts receivable from customers, accounts payable to suppliers and borrowings and financing. Additionally,&#13;we may also operate with derivative financial instruments, such as swap exchange rate, swap interest and derivatives with commodities.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Considering&#13;the nature of the instruments, the fair value is basically determined by the use of quotations in the capital markets in Brazil&#13;and the Mercantile and Futures Exchange. The amounts recorded in current assets and liabilities have immediate liquidity. Considering&#13;the term and characteristics of these instruments, fair values do not differ from the recorded amounts.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 21.3pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Classification&#13;    of financial instruments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 28%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 5%; vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td rowspan="3" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Notes&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Measured&#13;    at amortized cost&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balances&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Measured&#13;    at amortized cost&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balances&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;    and cash equivalents&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,944,586&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,944,586&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,088,955&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,088,955&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Short-term&#13;    investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,305,109&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;478,253&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,783,362&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,114,620&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;518,553&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,633,173&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    receivables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;6&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,867,352&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,867,352&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,047,931&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,047,931&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends&#13;    and interest on equity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;38,088&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;38,088&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;44,554&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;44,554&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,364&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,364&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trading&#13;    securities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;5,065&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;5,065&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,034&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,034&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,310,174&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;13,328,279&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;16,638,453&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,120,018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,699,993&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,820,011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;123,409&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;123,409&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;95,719&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;95,719&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    trade receivables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,445&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,445&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;7,059&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;7,059&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Eletrobr&amp;#225;s&#13;    compulsory loan&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;852,532&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;852,532&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;845,284&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;845,284&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Receivables&#13;    by indemnity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;517,183&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;517,183&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loans&#13;    - related parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;966,050&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;966,050&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;846,300&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;846,300&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;10&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;59,879&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;59,879&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;47,300&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;47,300&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,203&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,203&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;59,879&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,461,619&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,521,498&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;51,503&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,794,362&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,845,865&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,370,053&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;15,789,898&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;19,159,951&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,171,521&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,494,355&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7,665,876&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&#13;    and financing&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;13&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,155,483&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,155,483&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,152,234&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,152,234&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,819,539&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,819,539&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,012,654&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,012,654&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    payables -&amp;#160;&amp;#160;drawee risk&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;15&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;623,861&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;623,861&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,121,312&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,121,312&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends&#13;    and interest on capital&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;15&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;946,133&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;946,133&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;13,252&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;13,252&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;93,626&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;93,626&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;35,040&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;35,040&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;8,722&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;8,722&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;8,722&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;10,638,642&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;10,647,364&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,334,492&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,334,492&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&#13;    and financing&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;13&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;31,215,128&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;31,215,128&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;22,938,469&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;22,938,469&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;543,527&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;543,527&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;97,535&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;97,535&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;436,505&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;436,505&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;439,350&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;439,350&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;97,535&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;32,195,160&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;32,292,695&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;23,377,819&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;23,377,819&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;106,257&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;42,833,802&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;42,940,059&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;32,712,311&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;32,712,311&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 21.3pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair value measurement&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;table below shows the financial instruments recorded at fair value through profit or loss, classifying them according to the fair&#13;value hierarchy:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; width: 34%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 10%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 10%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balances&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balances&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    assets at fair value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;    investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,305,109&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,305,109&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;2,114,620&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,114,620&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,364&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,364&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trading&#13;    securities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,065&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;5,065&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,034&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,034&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    assets at fair value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;59,879&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;59,879&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;47,300&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;47,300&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,203&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,203&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,370,053&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,370,053&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;2,165,954&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,567&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,171,521&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    liabilities at fair value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,722&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;8,722&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    liabilities at fair value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;97,535&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;97,535&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;106,257&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;106,257&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;1&lt;/b&gt; - Data are prices quoted in an active market for items identical to the assets and liabilities being measured.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;2&lt;/b&gt; - Consider &lt;i&gt;inputs&lt;/i&gt; observable in the market, such as interest rates, exchange rates, etc., but are not prices negotiated&#13;in active markets.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;There&#13;are no assets or liabilities classified as level 3.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;II&#13;- Investments in securities valued at fair value through profit or loss &lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company has common shares (USIM3), preferred shares (USIM5) of Usiminas (&amp;#8220;Usiminas shares&amp;#8221;) and shares of Panatl&amp;#226;ntica&#13;SA (PATI3), which are designated as fair value through profit or loss.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Usiminas&#13;shares are classified as current assets in financial investments and Panatl&amp;#226;ntica shares are classified as non-current assets&#13;under the investment item. They are recorded at fair value (&lt;i&gt;fair value&lt;/i&gt;), based on the market price quote in B3.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;accordance with the Company&amp;#8217;s policy, the gains and losses arising from the variation in the share price are recorded directly&#13;in the income statement as financial result in the case of financial investments, or as other operating income and expenses in&#13;the case of long-term investments.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Class&#13;    of shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-size: 11pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Quantity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; border-top-color: black; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equity&#13;    interest (%)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; border-top-color: black; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Share&#13;    price&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; border-top-color: black; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Closing&#13;    Balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Quantity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equity&#13;    interest (%)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; border-top-color: black; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Share&#13;    price&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Closing&#13;    Balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value adjustment recognized in profit or loss (note 27 and 28)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="width: 10%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;USIM3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;107,156,651&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15.19%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;15.69&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,681,288&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;107,156,651&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15.19%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9.87&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,057,636&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;623,652&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(168,236)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;USIM5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;111,144,456&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20.29%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;14.61&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,623,821&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;111,144,456&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20.29%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9.51&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,056,984&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;566,837&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;32,232&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,305,109&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;2,114,620&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,190,489&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(136,004)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;PATI3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;2,065,529&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11.31%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;28.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;59,879&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;2,065,529&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11.31%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;22.90&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;47,300&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,579&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17,224&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,364,988&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;2,161,920&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,203,068&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(118,780)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;III&#13;- Financial risk management:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company uses risk management strategies with guidance on the risks incurred by us. The nature and general position of financial&#13;risks are regularly monitored and managed in order to assess results and the financial impact on cash flow. Credit limits and&#13;hedge quality of counterparties are also reviewed periodically.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Market&#13;risks are hedged when we consider necessary to support the corporate strategy or when it is necessary to maintain the level of&#13;financial flexibility.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;We&#13;are exposed to exchange rate, interest rate, market price and liquidity risks.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company may manage some of the risks through the use of derivative instruments not associated with any speculative trading or&#13;short selling.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;14.a)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Exchange rate,&#13;    market price and interest rate risk:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 21.3pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Exchange rate&#13;    risk&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;exposure arises from the existence of assets and liabilities denominated in Dollar or Euro, since the Company&amp;#8217;s functional&#13;currency is substantially the Real and is called natural exchange exposure. The net exposure is the result of the offsetting of&#13;the natural exchange exposure by the instruments of &lt;i&gt;hedge&lt;/i&gt; adopted by CSN.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;consolidated net exposure as of December 31, 2020 is shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-size: 12pt; width: 44%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 27%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 27%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Foreign&#13;    Exchange Exposure&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(Amounts&#13;    in US$&amp;#8217;000)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(Amounts&#13;    in &amp;#8364;&amp;#8217;000)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash and cash equivalents overseas&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;664,951&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13,372&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade receivables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;387,039&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;2,560&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;23,748&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Other assets&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9,158&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,474&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,084,896&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;20,406&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings and financing&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(4,812,268)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(139,672)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,258)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Iron ore derivative&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(172)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(9,305)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,010)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(4,961,417)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(10,268)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: top; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Foreign&#13;    exchange exposure&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(3,876,521)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10,138&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash flow hedge&#13;    accounting&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,992,200&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange rate swap&#13;    CDI x Dollar&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(67,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    foreign exchange exposure&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;48,679&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10,138&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN&#13;uses as a strategy the &lt;i&gt;Hedge Accounting&lt;/i&gt;, as well as derivative financial instruments to protect future cash flows.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity&#13;analysis of Derivative Financial Instruments and Consolidated Foreign Exchange Exposure&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company considered scenarios 1 and 2 to be 25% and 50% deterioration for currency volatility, using the exchange rate closing&#13;rate as of December 31, 2020 as a reference.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;currencies used in the sensitivity analysis and their respective scenarios are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 20%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 19%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 19%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 19%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 19%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Exchange&#13;    rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Probable&#13;    scenario&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;USD&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5.1967&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5.2617&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.4959&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;7.7951&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;EUR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.3779&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.3867&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;7.9724&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;9.5669&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;USD x EUR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1.2271&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1.2124&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1.5339&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1.8407&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.05pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;effects on the result, considering scenarios 1 and 2 are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.05pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 30%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Instruments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Notional&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Risk&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Probable&#13;    scenario (*) R$&lt;br /&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    1 R$&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    2 R$&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gross exchange position&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,876,521)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(251,974)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(5,036,279)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(10,072,558)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash flow hedge accounting&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,992,200&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;259,493&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;5,186,566&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;10,373,133&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange rate swap CDI x Dollar&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(67,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(4,355)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(87,045)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(174,089)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net exchange position&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;48,679&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Dollar&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,164&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;63,242&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;126,486&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net exchange position&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10,138&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Euro&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;89&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;16,165&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;32,330&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Exchange rate swap&#13;    Dollar x Euro&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;40,697&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Dollar&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,264&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;50,134&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;78,337&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;The probable scenarios were calculated considering the following variations for risks: Real x Dollar - devaluation of the Real&#13;by 1.25% / Real x Euro - devaluation of the Real by 0.14% / Euro x Dollar - appreciation of Euro by 1.20%. Source: Central Bank&#13;of Brazil and European Central Bank quotations on 1/14/2021.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Stock market&#13;    price risks&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company is exposed to the risk of changes in share prices due to investments valued at fair value through the result that are&#13;quoted based on the market price at B3.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity&#13;analysis for stock price risks&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;We&#13;present below the sensitivity analysis for share price risks. The Company considered scenarios 1 and 2 to be 25% and 50% devaluation&#13;in the share price using the closing price on December 31, 2020 as a reference. The probable scenario considered a 5% devaluation&#13;in the share price.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;effects on the result, considering the probable scenarios, 1 and 2 are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 28%; vertical-align: bottom; font-weight: bold; text-align: left; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Class&#13;    of shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: left; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Probable&#13;    scenario&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: left; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: left; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: top; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;USIM3&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(84,064)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(420,322)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(840,644)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;USIM5&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(81,191)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(405,955)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(811,910)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: top; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;PATI3&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,994)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(14,970)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(29,940)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 21.3pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Interest rate&#13;    risk:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;This&#13;risk arises from financial investments, borrowings and financing and debentures linked to the fixed and floating interest rates&#13;of the CDI, TJLP and Libor, exposing these financial assets and liabilities to interest rate fluctuations as shown in the sensitivity&#13;analysis table below.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity&#13;analysis of changes in interest rates&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;We&#13;present below the sensitivity analysis for interest rate risks. The Company considered scenarios 1 and 2 to be 25% and 50% deterioration&#13;for interest rate volatility using the closing rate as of December 31, 2020 as a reference.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;interest rates used in the sensitivity analysis and their respective scenarios are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 36%; vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Interest&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Calibri, Helvetica, Sans-Serif; width: 1%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Interest&#13;    Rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Calibri, Helvetica, Sans-Serif; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 1%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CDI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.90%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.38%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.85%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;TJLP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.55%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5.69%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6.38%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;LIBOR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.26%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.32%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.39%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;effects on the result, considering scenarios 1 and 2 are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="font-size: 10pt; width: 22%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 12%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 12%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 12%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 12%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 12%; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 12%; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Impact&#13;    on profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Changes&#13;    in interest rates&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Calibri, Helvetica, Sans-Serif; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;%&#13;    p.a&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Calibri, Helvetica, Sans-Serif; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Calibri, Helvetica, Sans-Serif; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Probable&#13;    scenario (*)&lt;br /&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-size: 10pt; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CDI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1.90&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;5,779,452&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(9,104,416)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(10,673)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(15,794)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(31,588)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;TJLP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4.55&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(817,374)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(2,155)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(9,298)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(18,596)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Libor&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;0.26&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(4,533,341)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(43,321)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,920)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(5,840)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;The sensitivity analysis is based on the premise of maintaining the market values as of December 31, 2020 as a probable scenario&#13;recorded in the company&amp;#8217;s assets and liabilities.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 21.3pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Market price&#13;    risk:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company is also exposed to market risks related to the volatility of commodity prices. In line with its risk management policy,&#13;risk mitigation strategies involving commodities can be used to reduce cash flow volatility. These mitigation strategies may incorporate&#13;derivative instruments, predominantly forward transactions, futures and options.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity&#13;analysis for price risks &amp;#8220;&lt;i&gt;Platts index&amp;#8221;&lt;/i&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Below&#13;we present the sensitivity analysis for price risks. The Company considered scenarios 1 and 2 to be 25% and 50% increase in the&#13;index &lt;i&gt;&amp;#8220;Platts&amp;#8221;&lt;/i&gt; using the closing price as of December 31, 2020 as a reference.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;effects on the result, considering scenarios 1 and 2 are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="5" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 37%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Maturity&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 20%; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Probable&#13;    scenario (*) R$&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Scenario&#13;    1 R$&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Scenario&#13;    2 R$&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2/2/2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(33,677)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(120,262)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(240,524)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3/2/2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(43,144)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(127,915)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(255,830)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(76,821)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(248,177)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(496,354)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;The probable scenario was calculated considering the quotation of &amp;#8220;&lt;i&gt;Platts&lt;/i&gt;&amp;#8221; on 1/14/2021 for the maturities&#13;of 2/2/2021 and 3/2/2021. Source: Bloomberg.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;item 14.b), we show derivatives and hedging strategies to hedge against exchange and price risks and hedge price risk &lt;i&gt;Platts.&lt;/i&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;14.b)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Instruments protection:&#13;    Derivatives and &lt;i&gt;Hedge accounting&lt;/i&gt; cash flow and &lt;i&gt;net &lt;/i&gt;investment hedge in foreign subsidiaries&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN&#13;uses instruments to hedge against exchange rate risk, price risk &lt;i&gt;Platts&lt;/i&gt; and interest rate risk, as shown in the following&#13;topics:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Times New Roman, Times, Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&#13;&lt;b&gt;Derivative financial instruments portfolio position&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Times New Roman, Times, Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;i&gt;Swap&#13;&lt;/i&gt;exchange rate Dollar x Euro&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;subsidiary Lusosider has derivative transactions to hedge its dollar exposure against the euro.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;i&gt;Swap&#13;&lt;/i&gt;exchange rate GBP (British Pound) x Euro&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;subsidiary Lusosider had derivative transactions to hedge its GBP exposure against the euro, it was settled in the third quarter&#13;of 2020.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;i&gt;Swap&#13;&lt;/i&gt;exchange rate CDI x Dollar&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company has derivative transactions with Banco Bradesco to protect its debt in NCE raised in September 2019 with maturity in October&#13;2023 in the amount of US$67 million (equivalent to R$278 million) at a cost compatible with that usually practiced by the Company.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 12pt"&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="width: 26%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 17%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; width: 10%; border-bottom: black 1pt solid; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Appreciation (R$)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Fair value (market)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Impact on financial income (expenses) in 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Counterparties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Maturity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Functional Currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Notional amount&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Asset position&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Liability position&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Amounts receivable / (payable)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Exchange rate swap Dollar x Euro&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;04/26/2021 to 06/08/2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;17,377&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;90,315&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(93,823)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(3,508)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(4,749)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Exchange rate swap Dollar x Euro&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;01/06/2021 a 06/11/2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;23,320&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;121,207&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(125,528)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(4,321)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(4,321)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&lt;i&gt;Total dollar-to-euro swap&lt;/i&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;40,697&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;211,522&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;(219,351)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;(7,829)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;(9,070)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;i&gt;Exchange rate swap GBP x Euro&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Settled&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;GBP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;3,956&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(602)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td colspan="3" style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&lt;i&gt;Total Swap GBP x Euro&lt;/i&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;3,956&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;(602)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;i&gt;Exchange rate swap CDI x Dollar&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;02/10/2023&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(67,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;289,544&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(387,079)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(97,535)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(106,143)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&lt;i&gt;Total Swap CDI x dollar&lt;/i&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;(67,000)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;289,544&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;(387,079)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;(97,535)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;(106,143)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td colspan="5" style="font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;501,066&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;(606,430)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(105,364)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;(115,815)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cash flow hedge&#13;    accounting&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Foreign&#13;exchange hedge accounting&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company formally designates relations of &lt;i&gt;hedge&lt;/i&gt; of cash flows to protect highly probable future flows exposed to the dollar&#13;related to sales made in dollars.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;With&#13;the objective of better reflecting the accounting effects of the &lt;i&gt;hedge&lt;/i&gt; exchange rate in the result, CSN designated part&#13;of its dollar liabilities as an instrument of &lt;i&gt;hedge&lt;/i&gt; future exports. As a result, the exchange rate variation resulting&#13;from the designated liabilities will be transiently recorded in shareholders&amp;#8217; equity and will be reflected in the income&#13;statement when said exports occur, thus allowing the recognition of dollar fluctuations on liabilities and on exports to be recorded&#13;at the same time. It is noteworthy that the adoption of this accounting &lt;i&gt;hedge&lt;/i&gt; it does not imply the contracting of any&#13;financial instrument.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;table below presents a summary of the relations of &lt;i&gt;hedge&lt;/i&gt; as of December 31, 2020:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Designation&#13;    Date&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Hedging&#13;    Instrument&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Hedged&#13;    item&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Type&#13;    of hedged risk&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Hedged&#13;    period&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Exchange&#13;    rate on designation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Designated&#13;    amounts (US$&amp;#8217;000)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Amortizated&#13;    part (USD'000)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Effect&#13;    on Result (*) (R$'000)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Impact&#13;    on Shareholders' equity (R$'000)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12/18/2014&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;May&#13;    2020&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.6805&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;30,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(30,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(82,374)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12/18/2014&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;May&#13;    2020&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.678&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;35,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(35,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(96,190)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12/18/2014&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;May&#13;    2020&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.676&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;35,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(35,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(96,261)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;07/21/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;July&#13;    2019 - March 2021&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.1813&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;60,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(45,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(58,475)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(30,231)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;07/23/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;July&#13;    2019 - March 2021&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.285&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;100,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(75,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(92,026)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(47,793)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;07/23/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;August&#13;    2018 - October 2022&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.285&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;30,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(18,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(14,185)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(22,940)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;07/24/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;August&#13;    2018 - October 2022&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.3254&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;100,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(60,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(46,474)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(74,852)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;07/27/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;August&#13;    2018 - October 2022&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.3557&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;25,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(15,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11,467)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(18,410)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;07/27/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;August&#13;    2018 - October 2022&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.3557&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;70,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(42,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(32,108)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(51,548)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;07/27/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;August&#13;    2018 - October 2022&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.3557&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;30,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(18,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(13,760)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(22,092)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;07/28/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;August&#13;    2018 - October 2022&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.3815&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;30,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(18,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(13,605)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(21,782)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3/8/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;July&#13;    2018 - October 2022&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.394&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;355,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(276,500)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(338,777)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(141,512)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2/4/2018&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bonds&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;July&#13;    2018 - February 2023&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.3104&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,170,045&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(820,045)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(306,189)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(660,205)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;07/31/2019&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bonds&#13;    and Export prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;January&#13;    2020 - April 2026&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.7649&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,342,761&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(247,061)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(329,966)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,568,823)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10/1/2020&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bonds&#13;    without express maturity and Export prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;March&#13;    2020 - December 2050&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.0745&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,416,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(102,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(136,029)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,474,571)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;01/28/2020&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bonds&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;March&#13;    2017 - January 2028&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.2064&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,000,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(990,299)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;5,828,806&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(1,836,606)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(1,667,886)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(5,125,058)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;On December 31, 2020, the amount of (R$1,667,886) was recorded in Other Operating Expenses. As of December 31, 2019, (R$790,353).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;In&#13;the hedging relationships described above, the amounts of the debt instruments were fully designated for equivalent iron ore export&#13;portions&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;The&#13;changes in the hedge accounting amounts recognized in shareholders&amp;#8217; equity as of December 31, 2020 are as follows&lt;/font&gt;&#13;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 33%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Movement&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Realization&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash flow hedge accounting&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,255,770&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5,537,174&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,667,886)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5,125,058&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;realization of &lt;i&gt;Hedge accounting&lt;/i&gt; cash flow is recognized in Other operating income and expenses, note 27.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of December 31, 2020, the hedging relationships established by the Company were effective according to the retrospective and prospective&#13;tests performed. Thus, no reversal for hedge accounting ineffectiveness was recognized.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cash&#13;flow hedge accounting - &amp;#8220;Platts&amp;#8221; index&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company has iron ore derivative instruments, entered into by its subsidiary CSN Minera&amp;#231;&amp;#227;o S.A., in order to reduce the&#13;volatility of its exposure to the commodity.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company formally designated the hedge relationship and, consequently, applied the hedge accounting with the derivative instrument&#13;designated as hedging instrument and the Platts index applicable to a portion of its highly probable future sales of iron ore&#13;was designated as the hedged item. Accordingly, fluctuations of the &amp;#8220;&lt;i&gt;Platts&lt;/i&gt;&amp;#8221; index will be initially recorded&#13;in the shareholders&amp;#8217; equity as Other Comprehensive Income, and will be reclassified to the income statement when the referred&#13;sales occur.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;table below shows the result of the derivative instrument on December 31, 2020 recognized in Other Comprehensive Income and, when&#13;carrying out shipments, the amount reclassified to Other Operating Income and Expenses:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 21%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Appreciation&#13;    (R$)&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Fair&#13;    value (market)&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Other&#13;    income and expenses&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Other&#13;    comprehensive income&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Exchange&#13;    variation&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Maturity&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Notional&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Asset&#13;    position&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Liability&#13;    position&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Amounts&#13;    receivable / (payable)&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;09/02/2020 (Settled)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Platts&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(31,678)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(136)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10/02/2020 (Settled)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Platts&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(132,997)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(9,051)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11/04/2020 (Settled)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Platts&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(85,164)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(7,301)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12/02/2020 (Settled)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Platts&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(33,310)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;52&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2/2/2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Platts&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;486,852&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(493,925)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(7,073)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6,888)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(185)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2/3/2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Platts&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;527,684&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(521,504)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,180&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;6,063&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;117&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,014,536&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(1,015,429)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(893)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(283,149)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(825)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(16,504)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;change in the amounts related to cash flow hedge accounting - &amp;#8220;Platts&amp;#8221; index recorded in shareholders&amp;#8217; equity&#13;on December 31, 2020 is shown as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 53%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Movement&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Realization&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash flow hedge accounting&amp;#160;&amp;#160;&amp;#8211;&amp;#160;&amp;#160;&amp;#8220;Platts&amp;#8221;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;283,974&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(283,149)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;825&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Income tax and social contribution on&#13;    cash flow hedge accounting&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(96,551)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;96,271&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(280)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    Value of cash flow accounting - Platts, net&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;187,423&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(186,878)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;545&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;flow hedge accounting - index &lt;i&gt;&amp;#8220;Platts&amp;#8221; &lt;/i&gt;has been fully effective since the inception of the derivative instruments.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company prepares formal documentation indicating how the designation of the &lt;i&gt;hedge accounting&lt;/i&gt; cash flow - &amp;#8220;Platts&amp;#8221;&#13;index is aligned with CSN&amp;#8217;s risk management objective and strategy, identifying the hedging instruments used, the hedged&#13;item, the nature of the risk to be hedged and demonstrating the effectiveness of the hedge relationships, debt instruments and&#13;iron ore derivative instruments (index &lt;i&gt;&amp;#8220;Platts&amp;#8221;&lt;/i&gt;) in amounts equivalent to the portion of future sales, comparing&#13;the designated amounts with the expected values in accordance with its budgets.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company adopts the hedge accounting and designates certain financial liabilities as hedging instruments for foreign exchange commodity&#13;price risks (&amp;#8220;Platts&amp;#8221; index) associated with expected cash flows from highly probable exports (cash flow hedge).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company documents, at the beginning of the operation, the relationships between hedging instruments and hedged items as well as&#13;the objectives of risk management and the strategy for carrying out these hedging relationships. In addition, we document our&#13;assessment at the beginning of the hedging relationship, as well as during the life of the hedge to monitor the hedge effectiveness.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;amounts accumulated in net equity are realized to the operating results in the periods the forecasted exports affect the result.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;When&#13;a hedge instrument expires or is settled in advance, or the hedge relationship no longer meets the &lt;i&gt;Hedge Accounting&lt;/i&gt; or&#13;even when management decides to discontinue the hedging relationship&lt;i&gt;,&lt;/i&gt; any accumulated gain or loss existing in net equity&#13;remains recorded in equity and, therefrom exchange rate changes are recorded in the financial results. When a forecast operation&#13;is no longer expected to occur, the cumulative gain or loss that had been previously recorded in shareholders&amp;#8217; equity is&#13;immediately transferred to the income statement under &amp;#8220;Other Operating Income and Expense&amp;#8221;.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net investment&#13;    hedge in foreign subsidiaries&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 12pt/115% Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;CSN&#13;has a natural foreign exchange exposure in Euros substantially arising from a loan made by a foreign subsidiary with functional&#13;currency in Reais, for the acquisition of investments abroad whose functional currency is Euro. Such exposure arises from &lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;transla&lt;font style="line-height: 115%"&gt;ting&#13;the balance sheets of these subsidiaries for consolidation in CSN, and the exchange rate of the loans affected the income statement&#13;in the financial result item and the exchange variation of the net assets of the foreign operation directly affected the equity&#13;in other comprehensive income.&lt;/font&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 12pt/115% Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;order to eliminate this exposure and cover future fluctuations in the Euro on these loans, non-derivative financial liabilities&#13;were designated, represented by loan contracts with financial institutions in the amount of &amp;#8364; 120 million which matured&#13;on January 31, 2020, when was settled financially.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 8%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 17%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 30%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Designation&#13;    Date&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Hedging&#13;    Instrument&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Hedged&#13;    item&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Type&#13;    of hedged risk&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Exchange&#13;    rate on designation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Designated&#13;    amounts (EUR'000)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Impact&#13;    on shareholders' equity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;09/30/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-derivative&#13;    financial liabilities in EUR &amp;#8211; Debt contract&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&#13;    in subsidiaries which EUR is the functional currency&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. EUR spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.0825&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;120,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6,293&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;120,000&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6,293&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company designates for the &lt;i&gt;hedge&lt;/i&gt; of net investment a portion of its financial liabilities as an instrument of &lt;i&gt;hedge&#13;&lt;/i&gt;of its investments abroad with a functional currency other than the Group&amp;#8217;s currency in accordance with IAS39. This&#13;relationship occurs because financial liabilities are related to investments in the amounts necessary for the effective relationship.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company documents, at the beginning of the operation, the relationships between the &lt;i&gt;hedge&lt;/i&gt; and objects protected by &lt;i&gt;hedge&lt;/i&gt;,&#13;as well as the objectives of risk management and the strategy for carrying out credit operations. &lt;i&gt;hedge&lt;/i&gt;. The Company also&#13;documents its assessment, both at the beginning of the &lt;i&gt;hedge&lt;/i&gt; as on a continuous basis, that the operations of &lt;i&gt;hedge&#13;&lt;/i&gt;are highly effective in compensating for variations in items protected by &lt;i&gt;hedge&lt;/i&gt;.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;effective part of the changes in the fair value of the financial liabilities designated and qualified as &lt;i&gt;hedge&lt;/i&gt; of net investment&#13;is recognized in shareholders&amp;#8217; equity, under the caption &lt;i&gt;Hedge Accounting&lt;/i&gt;. Gains or losses related to the ineffective&#13;part are recognized in Other Operating Income and Expense, when applicable. If at any point of the hedge relationship the debt&#13;balance is higher than the investment balance, the exchange variation on the excess debt will be reclassified to the income statement&#13;as other operating income / expenses (ineffectiveness of the &lt;i&gt;hedge&lt;/i&gt;).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;amounts accumulated in net equity will be realized in the income statement upon a total or partial sale of the foreign operation.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Classification&#13;    of derivatives in the balance sheet and income&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 23%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Instruments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="5" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    operating income expenses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    comprehensive income&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    income (expenses), net (note 28)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-style: italic; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange&#13;    rate swap Dollar x Euro&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(7,829)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(7,829)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(9,070)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;783&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-style: italic; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange&#13;    rate swap GBP x Euro&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(602)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-style: italic; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange&#13;    rate swap CDI x Dollar&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(97,535)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(97,535)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(106,143)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,203&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-style: italic; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Iron&#13;    ore derivative&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(893)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(893)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(283,149)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(825)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(16,504)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(8,722)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(97,535)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;(106,257)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(283,149)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(825)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(132,319)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,986&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;14.c)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Liquidity risk&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;It&#13;is the risk that the Company may not have sufficient net funds to settle its financial commitments, as a result of the mismatch&#13;of term or volume between expected receipts and payments.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Future&#13;receipt and payment premises are established to manage cash liquidity in domestic and foreign currencies, which are monitored&#13;on a day-to-day basis by the Treasury Department. The payment schedules for long-term installments of borrowings and financing&#13;and debentures are presented in note 13.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following are the contractual maturities of financial liabilities including interest.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 41%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;At&#13;    December 31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Less&#13;    than one year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;From&#13;    one to two years&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;From&#13;    two to five years&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Over&#13;    five years&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings,&#13;    financing and debentures (note 13)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,155,483&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;14,146,118&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,671,511&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;12,397,499&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;35,370,611&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lease Liabilities (note 16)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;93,626&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;143,227&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;115,398&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;177,880&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;530,131&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative financial instruments (note 14 I)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;8,722&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;97,535&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;106,257&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade payables (note 17)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,819,539&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;528,551&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;14,976&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5,363,066&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade payables &amp;#8211; Drawee risk (note 14&#13;    I)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;623,861&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;623,861&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends and interest on equity (note 15)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;946,133&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;946,133&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;10,647,364&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;14,817,896&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,899,420&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;12,575,379&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;42,940,059&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;IV&#13;- Fair values of assets and liabilities in relation to the book value&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;assets and liabilities measured at fair value through profit or loss are recorded in current and non-current assets and liabilities&#13;and gains and losses are recorded as financial income and expenses, respectively.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;amounts are recorded in the financial statements at their amortized cost, which are substantially similar to those that would&#13;be obtained if they were traded on the market. The fair values of other long-term assets and liabilities do not differ significantly&#13;from their book values, except for the amounts below.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;estimated fair value for certain consolidated long-term borrowings and financing was calculated at current market rates, considering&#13;the nature, term and risks similar to those of the registered contracts, as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 53%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Closing&#13;    Balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Closing&#13;    Balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Perpetual bonds&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5,203,773&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5,157,465&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,036,186&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,706,553&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fixed Rate Notes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;15,067,341&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;15,744,067&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;8,090,297&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;8,345,471&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Source:&#13;Bloomberg&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;14.d)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Credit risk&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;exposure to credit risks of financial institutions complies with the parameters established in the financial policy. The Company&#13;practices a detailed analysis of the financial position of its customers and suppliers, the determination of a credit limit and&#13;the permanent monitoring of its outstanding balance.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;With&#13;respect to financial investments, the Company only invests in institutions with low credit risk assessed by credit rating agencies.&#13;Since part of the funds is invested in repo operations that are backed by Brazilian government bonds, there is also exposure to&#13;the credit risk of the country.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;for the exposure to credit risk in accounts receivable and other receivables, the Company has a credit risk committee, in which&#13;each new customer is analyzed individually regarding their financial condition, before granting the credit limit and payment terms,&#13;and periodically reviewed based on procedures and circumstances of each business area.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;14.e)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Capital management&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company seeks to optimize its capital structure in order to reduce its financial costs and maximize the return to its shareholders.&#13;The table below shows the evolution of the Company&amp;#8217;s consolidated capital structure, with financing by equity and third-party&#13;capital:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 68%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Thousands&#13;    of reais&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Shareholder's equity (equity)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;11,251,505&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;11,361,932&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings and Financing (Third-party capital)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;35,270,653&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;27,967,036&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gross Debit/Shareholder's equity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3.13&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;2.46&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company&amp;#8217;s financial instruments are classified according to the definition of the business model adopted by the Company&#13;and the characteristics of the cash flow, in the case of financial assets.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Upon&#13;initial recognition, financial assets can be classified into three categories: assets measured at amortization cost, fair value&#13;through profit or loss and fair value through other comprehensive income.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;assets are derecognized when the rights to receive cash flows of the investments have expired or been transferred; in the latter&#13;case, provided that the Company has substantially transferred all risks and benefits of the property.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;If&#13;the company substantially holds all the risks and rewards of ownership of the financial asset, it must continue to recognize the&#13;financial asset.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;liabilities are classified as amortized cost or fair value through profit or loss. Management determines the classification of&#13;its financial assets and liabilities upon initial recognition.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;liabilities are derecognized only when they are extinguished, that is, when the obligation specified in the contract is settled,&#13;canceled or expires. The Company also derecognizes a financial liability when the terms are modified and the cash flows of the&#13;modified liability are substantially different, in which case a new financial liability based on the modified terms is recognized&#13;at fair value.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;assets and liabilities are offset and the net amount is reported in the balance sheet when there is a legally enforceable right&#13;to offset the recognized amounts and there is an intention to settle them on a net basis, or realize the asset and settle the&#13;liability simultaneously.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Derivative&#13;Financial Instruments and Hedging Activities&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Initially,&#13;derivatives are recognized at fair value on the date that a derivative contract is entered into and are subsequently measured&#13;at fair value with the changes recorded in the income statement in the caption Financial Result in the income statement, unless&#13;a hedge designation is not formally applied.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfFinancialInstrumentsExplanatory>
    <ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;OTHER PAYABLES&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;other obligations classified in current and non-current liabilities have the following composition:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="5" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Payables to related parties (note 22 b)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;70,458&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;46,063&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;78,083&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;88,021&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative financial instruments (note 14 I)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,722&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;97,535&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends and interest on capital (note 14 I)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;946,133&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13,252&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Advances from customers &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,100,772&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;787,604&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,725,838&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,845,248&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Taxes in installments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;45,331&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19,498&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;160,247&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;67,727&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit sharing - employees&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;150,341&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;162,866&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Taxes payable&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;38,493&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,805&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Provision for consumption and services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;175,242&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;204,299&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Third party materials in our possession&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;84,832&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;78,820&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade payables - Drawee Risk (note 17)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;623,861&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,121,312&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade payables (note 17)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;543,527&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lease Liabilities (note 16)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;93,626&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;35,040&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;436,505&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;439,350&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;58,321&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;57,690&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;65,108&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;44,551&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,357,639&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,526,444&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,145,336&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,493,702&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Advances from customers:&#13;    During 2019, the subsidiary CSN Minera&amp;#231;&amp;#227;o entered into an agreement with a major international player for the supply&#13;    of approximately 22 million tons of iron ore and an additional supply of 11 million tons of iron ore. Accordingly, CSN Minera&amp;#231;&amp;#227;o&#13;    S.A. received in advance the amounts of US$496 million (R$1,951,303) and US$250 million (R$956,440) on March 29, 2019 and&#13;    August 5, 2019, respectively. The term for the execution of the contracted volumes is 5 years. Finally, on September 16, 2019,&#13;    the parties again amended the contract to adjust the delivery conditions for iron ore. In July 2020, the subsidiary concluded&#13;    the contract for the additional supply of approximately 4 million tons of iron ore, which was received in advance, on August&#13;    28, 2020, the amount of US$115 million (R$629 million). The term for the execution of the contract is 3 years.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory>
    <ifrs-full:DisclosureOfLeasesExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;16.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;LEASES&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lease&#13;liabilities are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 69%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,623,523&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,501,960&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Present value adjustment - Leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,093,392)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,027,570)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;530,131&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;474,390&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Classified:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;93,626&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;35,040&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;436,505&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;439,350&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;530,131&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;474,390&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company adopted IFRS 16 as of January 1, 2019, using the modified retrospective approach that does not require the presentation&#13;of comparative balances. As a result of adopting IFRS 16, the Company changed the accounting policy for lease agreements.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company has lease agreements for port terminals in Itagua&amp;#237;, the Solid Bulk Terminal - TECAR, used for loading and unloading&#13;coal and iron ores and the Container Terminal - TECON, with remaining terms of 27 and 31 years, respectively, and lease agreement&#13;for railway operation using the Northeast network with a remaining term of 7 years.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Additionally,&#13;the Company has property lease agreements, used as operational facilities and administrative and sales offices, in several locations&#13;where the Company operates, with remaining terms of 2, 5 and 15 years.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN&#13;also has lease contracts for operating equipment, used in mining operations and in the steel industry, with terms of 2 to 5 years.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;present value of future obligations was measured using the implicit rate observed in the contracts and for contracts that did&#13;not have a rate, the Company applied the incremental rate of loans - IBR, both in nominal terms.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;incremental loan rate - IBR was acquired through consultation with the Company&amp;#8217;s relationship banks according to the average&#13;term of the contracts, according to the guidelines of Official Letter / CVM / SNC / SEP No. 02/2019.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;average incremental rate used to measure lease and use liabilities over the term of the five-year contract is 8.28%&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;movement of lease liabilities is shown in the table below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 69%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Opening balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;474,390&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;640,989&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;New leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;52,835&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;106,584&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Present Value Adjustments - New leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(6,511)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(54,080)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Contract review&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;63,250&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(175,609)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Write-off&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(7,757)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,374)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Payments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(103,648)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(94,727)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest appropriated&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;54,236&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;52,607&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange variation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,336&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;530,131&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;474,390&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;estimated future minimum payments for the lease agreements include variable payments, fixed in essence when based on minimum performance&#13;and contractually fixed rates.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of December 31, 2020 are the following:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 53%; vertical-align: middle; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Less&#13;    than one year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Between&#13;    one and five years&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Over&#13;    five years&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;98,788&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;368,659&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,156,076&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,623,523&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Present value&#13;    adjustment - Leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(5,162)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(110,034)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(978,196)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,093,392)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;93,626&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;258,625&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;177,880&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;530,131&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; background-color: white; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 2.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 22.65pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Recoverable PIS / COFINS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lease&#13;liabilities were measured at the amount of consideration with suppliers, that is, without considering the tax credits incurred&#13;after payment. The potential right of PIS and COFINS embedded in the lease liability is shown below.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 69%; vertical-align: middle; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,603,100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,489,789&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Present value adjustment - Leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,091,275)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,026,919)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Potencial PIS and COFINS credit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;148,287&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;137,805&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Present value adjustment &amp;#8211; Potential PIS&#13;    and COFINS credit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(100,943)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(96,461)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; background-color: white; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 2.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 22.65pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Lease payments not recognized as a liability:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company chose not to recognize lease liabilities in contracts with a term of less than 12 months and for low value assets. Payments&#13;made for these contracts are recognized as expenses when incurred.&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company has contracts for the right to use ports (TECAR) and railways (FTL) which, even if they establish minimum performance,&#13;it is not possible to determine its cash flow since these payments are fully variable and will only be known when they occur.&#13;In such cases, payments will be recognized as expenses when incurred.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;expenses related to payments not included in the measurement of the lease liability during the year are:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 69%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Contract less than 12 months&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;549&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;10,819&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Lower Assets value&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;9,563&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,853&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Variable lease payments&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;270,449&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;177,460&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;280,561&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;192,132&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;accordance with the guidelines of IFRS 16, the Company uses the discounted cash flow technique to measure and remeasured liabilities&#13;and use rights, without considering the projected inflation in the flows to be discounted.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Considering&#13;Circular Letter / CVM / SNC / SEP No. 02/2019, the Company discloses below the comparative balances of lease liabilities, right&#13;to use, financial expenses and depreciation expenses with the use of rates in real terms to discount a present value of flows&#13;also in real terms.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="width: 53%; vertical-align: middle; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font: 10pt Calibri, Helvetica, Sans-Serif; width: 11%; vertical-align: bottom; text-align: left; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font: 10pt Calibri, Helvetica, Sans-Serif; width: 1%; vertical-align: bottom; text-align: left; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 10pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: left; padding-left: 36px; background-color: white; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 10pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: left; padding-left: 36px; background-color: white; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: rgb(51,51,51); text-align: center; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: rgb(51,51,51); text-align: center; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: rgb(51,51,51); text-align: center; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Rate&#13;    in nominal terms and actual flow&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Rate&#13;    and actual flow in nominal terms&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Rate&#13;    in nominal terms and actual flow&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Rate&#13;    and actual flow in nominal terms&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lease Liability&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: rgb(51,51,51); text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;530,131&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: rgb(51,51,51); text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;595,193&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: rgb(51,51,51); text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;474,390&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: rgb(51,51,51); text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;579,390&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Right of net&#13;    use&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;511,882&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;547,671&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;472,345&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;567,905&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(50,513)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(63,744)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(49,118)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(57,556)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Depreciation&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(57,342)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(59,560)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(53,826)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(57,356)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;order to measure the balances using the rate in real terms, the inflation projection (IPCA) released by the Central Bank of Brazil&#13;was used.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company analyzed CVM Deliberation No. 859, of July 7, 2020, which alters IFRS 16 with guidelines for recognizing the possible&#13;impacts generated by contractual changes as a result of COVID-19, however we do not have any material changes to the contracts&#13;current lease terms.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;When&#13;entering into a contract, the Company assesses whether the contract is, or contains, a lease. The lease is characterized by a&#13;lease or transmission of the right to use for a fixed period in exchange for monthly payments. The leased asset must be clearly&#13;specified.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company determines in the initial recognition, the lease term or non-cancellable term, which will be used in the measurement of&#13;the right to use and the lease liability. The lease term will be reevaluated by the Company when a significant event or significant&#13;change occurs in the circumstances that are under the control of the lessee and affects the non-cancellable term. The Company&#13;adopts exemption from recognition, as provided for in the standard, for the lessee of contracts with terms of less than 12 (twelve)&#13;months, or whose underlying asset object of the contract is of low value.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;inception, the Company recognizes the right to use the asset and the lease liability at present value. The right-to-use asset&#13;should be measured at cost. The cost includes the lease liability, upfront costs, advance payments, estimated costs to dismantle,&#13;remove or restore. The lease liability is measured at the present value of the lease payments expected to be made during the life&#13;of the agreement, discounted at the implicit interest rate of the lease or, if the rate is not determinable, an incremental rate&#13;will be used to determine the present value.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;For&#13;contracts that the Company determines the business rate, it is understood that this rate is the rate implied in nominal terms&#13;and to which it is applied in discounting the flow of future payments. In contracts with no rate definition, the Company applied&#13;the incremental loan rate, obtaining it through consultations with banks where it has a relationship, adjusted for the inflation&#13;forecast for the coming years.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;For&#13;the subsequent measurement, the cost method to the right-of-use asset is used and, in depreciation, the requirements of IAS 16&#13;- Property, Plant and Equipment are applied. However, for the purpose of depreciation, the Company determines the use of the straight-line&#13;method based on the remaining useful life of the assets or the term of the contract, whichever is the shorter.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;effects of PIS and COFINS recoverable generated after the effective payment of the obligations will be recorded as a reduction&#13;of the depreciation expenses of the right to use and of the financial expenses recognized monthly.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IAS&#13;36 - Impairment of Assets will also be applied in order to determine whether the right-of-use asset has impairment problems and&#13;to account for any impairment loss identified.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfLeasesExplanatory>
    <sid:DisclosureOfTradePayablesExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;17.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;TRADE PAYABLES&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 53%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,893,589&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,012,654&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;594,051&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(-) Adjustment present value&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(74,050)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(50,524)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241); vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,819,539&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,012,654&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;543,527&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;payables are initially recognized at fair value, and subsequently measured at amortized cost, using the effective interest rate&#13;method and adjusted to present value when applicable, based on the estimated rate of the Company&amp;#8217;s cost of capital.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company classifies drawee risk operations with suppliers in other liabilities as per note 15. These are negotiated with financial&#13;institutions, by which suppliers anticipate receivables and, on the other hand, extend our payment terms. The effective prepayment&#13;of receivables depends on acceptance by the suppliers, given that their participation is not mandatory. The Company is not reimbursed&#13;and / or benefited by the financial institution for discounts for payment executed before the maturity date agreed with the supplier,&#13;there is no change in the degree of subordination of the security in the event of judicial execution, nor changes in the existing&#13;commercial conditions between Company and its suppliers.&lt;/font&gt;&lt;/p&gt;</sid:DisclosureOfTradePayablesExplanatory>
    <sid:DisclosureOfIncomeTaxAndSocialContributionExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;18.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;INCOME TAX AND&#13;    SOCIAL CONTRIBUTIONS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;18.a)Tax&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;of income and&#13;    social contribution recognized in profit or loss:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;income tax and social contribution recognized in net income for the year are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 53%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td colspan="4" style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Income&#13;    tax and social contribution income (expense)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(2,052,204)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,564,622)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(827,229)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,426,696&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,398,400&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;576,895&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(625,508)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;833,778&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(250,334)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;reconciliation of income and social contribution expenses and income of the consolidated and the product of the current tax rate&#13;on income before income tax and social contribution are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 59%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 13%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 1%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 1%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Income before income&#13;    tax and social contribution&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;4,918,126&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,410,733&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,450,917&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&#13;    rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;34%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;34%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;34%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Income tax and&#13;    social contribution at combined statutory rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(1,672,163)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(479,649)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(1,853,312)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Adjustment to reflect&#13;    the effective rate:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Equity&#13;    in results of affiliated companies&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28,391&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;46,737&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;50,134&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;    with differentiated rates or untaxed&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(519,840)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(236,404)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(46,006)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfer&#13;    price adjustment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(15,645)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(18,494)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(74,836)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&#13;    loss carryforwards without recognizing deferred taxes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(27,758)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(21,095)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(27,683)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Indebtdness&#13;    limit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(25,087)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(20,393)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(38,486)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Unrecorded&#13;    deferred taxes on temporary differences&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;5,142&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,835)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(11,964)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Reversal&#13;    for deferred income tax and social contribution credit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,540,087&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,530,185&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,807,909&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income&#13;    taxes and social contribution on foreign profit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(13,011)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(14,424)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(30,219)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&#13;    incentives&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;64,818&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;39,042&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;36,710&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    taxes on exchange variation in equity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(43,667)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest&#13;    on equity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17,177&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;22,107&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    permanent deductions (additions)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(7,619)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(10,999)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(18,914)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Income tax and&#13;    social contribution in net income for the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(625,508)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;833,778&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(250,334)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Effective&#13;    tax rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;13%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;-59%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;79%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;18.b)Deferred&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;income tax and&#13;    social contribution&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;income tax and social contribution balances are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 42%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 5%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 6%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 6%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 6%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 3%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 6%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Movement&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Movement&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Shareholders'&lt;br /&gt;Equity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;P&amp;#38;L&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Shareholders'&lt;br /&gt;Equity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;P&amp;#38;L&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Deferred&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income&#13;    tax losses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;959,240&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;651,561&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,610,801&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;238,198&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,848,999&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Social&#13;    contribution tax losses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;367,358&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;242,688&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;610,046&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;78,162&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;688,208&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Temporary&#13;    differences&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(1,838,935)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(2,357)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,504,151&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;59&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(337,082)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(59,380)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,110,336&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,029&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;718,903&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Provision for tax. social security, labor, civil and environmental risks&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;334,380&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(70,367)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;264,013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;15,136&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;279,149&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Asset impairment losses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;181,516&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;915&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;182,431&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(26,444)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,029&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;161,016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    (Gains)/losses on financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;359,776&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;54,719&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;414,495&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(409,468)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;5,027&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Actuarial liability (pension and healthcare plan)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;276,032&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;38,569&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;314,601&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(44,732)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(7,412)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;262,457&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Accrued supplies and services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;95,644&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;36,767&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;132,411&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;22,041&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;154,452&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Unrealized exchange variation &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,010,532&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;170,969&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,181,501&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(29,175)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,152,326&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Gain upon loss of control in Transnordestina&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(92,180)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(92,180)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(92,180)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Cash flow hedge accounting&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;490,041&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(63,080)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;426,961&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,315,839&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,742,800&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Acquisition at fair value of SWT and CBL&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(172,114)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(52,071)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;39,672&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(184,513)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(57,651)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;30,149&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(212,015)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Deferred taxes not computed&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(252,940)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(39,021)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(291,961)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(25,966)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(317,927)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    (Losses) estimated /reversals to deferred taxes credits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,086,572)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;25,159&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,435,415&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,625,998)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,270,110)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,548,640&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,347,468)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Business Combination&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,030,812)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,471&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,023,341)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,292&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,015,049)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Consolidation of CBSI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(12)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;62&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;50&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;50&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;47,762&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49,066&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(132,377)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(35,552)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,726)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(15,457)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(53,735)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(512,337)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(2,357)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;2,398,400&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;59&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,883,765&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(59,380)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,426,696&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,029&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,256,110&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Total&#13;    Deferred Assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;89,394&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;2,473,304&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,874,946&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Total&#13;    Deferred Liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(601,731)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(589,539)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(618,836)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Deferred&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(512,337)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,883,765&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,256,110&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&#13;The Company taxes exchange variations on a cash basis to calculate income tax and social contribution on net income.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company has in its corporate structure subsidiaries abroad, whose income are taxed by the income tax in the respective countries&#13;where they were constituted at rates lower than those in force in Brazil. In the period between 2015 and 2020, these subsidiaries&#13;generated income in the amount of R$1,284,483. If the Brazilian tax authorities understand that these profits are subject to additional&#13;taxation in Brazil for income tax and social contribution, these, if due, would reach approximately R$412,420. The Company, based&#13;on the position of its legal advisors, assessed only the likelihood of loss as possible in the event of possible tax questioning&#13;and, therefore, no provision was recognized in the financial statement.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;addition, management evaluated the precepts of IFRIC 23 - &amp;#8220;Uncertainty Over Income Tax Treatments&amp;#8221; and considers that&#13;there are no reasons for the tax authorities to differ from the tax positions adopted by the Company. Accordingly, no additional&#13;provisions for income tax and social contribution were recognized as a result of the assessment of the application of IFRIC 23&#13;in the financial statement at December 31, 2020.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;A&#13;sensitivity analysis of consumption of tax credits was carried out considering a variation in macroeconomic assumptions, operating&#13;performance and liquidity events. Thus, considering the results of the study carried out, which indicates that it is probable&#13;the existence of taxable profit to use the balance of deferred income tax and social contribution.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;estimated recovery of deferred tax assets of IRPJ and CSLL are netted when referring to a single jurisdiction as shown in the&#13;table below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 84%; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;In&#13;    millions of reais&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,018&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2022&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,315&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2023&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,257&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2024&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;495&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2025&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;618&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Deferred&#13;    asset&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,703&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred liabilities - Parent Company&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(828)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    deferred asset&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,875&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred liabilities - subsidiaries&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(619)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    deferred asset&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,256&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;18.c)Income&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;tax and social&#13;    contribution recognized in equity:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income&#13;tax and social contribution recognized directly in equity are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 75%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 12%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 12%; font-weight: bold; color: rgb(51,51,51); text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Income tax and&#13;    social contribution&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial&#13;    gains on defined benefit pension plan&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;170,604&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;215,306&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estimated&#13;    losses for deferred income and social contribution tax credits - actuarial gains&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(172,520)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(217,969)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange&#13;    differences on translating foreign operations&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(325,350)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(325,350)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;    flow hedge accounting&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,742,765&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;426,961&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estimated&#13;    losses for deferred income and social contribution tax credits - cash flow hedge&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,742,520)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(426,961)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(327,021)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(328,013)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;18.d)Test&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;of recoverability&#13;    of income tax and social contribution of deferred assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company's management constantly evaluates the ability to use its tax credits. In this direction, CSN periodically updates a technical&#13;study to demonstrate if the generation of future taxable profits support the realization of tax credits and, consequently support&#13;the accounting recognition of tax credits, the maintenance on the balance sheet or the constitution of a provision for loss in&#13;the realization of these credits.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;This&#13;study is prepared at Entity level, in accordance with the Brazilian tax legislation, and is performed considering the Company&amp;#8217;s&#13;projections, which is the entity that generates a significant amount of tax credits, mainly, temporary differences. The Company&#13;covers the following businesses.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;income tax / social contribution on tax losses and temporary differences refers mainly to the following items:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-right: black 1pt solid; width: 11%; text-align: center; padding-left: 5.4pt; line-height: 115%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 18%; text-align: center; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Nature&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 71%; text-align: center; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Brief&#13;    description&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: justify; padding-left: 5.4pt; line-height: 115%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&#13;        losses&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;    Company incurs tax losses in the Parent Company as a result of financial expenses on its indebtedness, since it substantially&#13;    holds all the loans and financing of the CSN Group. However, the Parent Company reported taxable income in two quarters of&#13;    2020.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; width: 11%; text-align: justify; padding-left: 5.4pt; line-height: 115%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; width: 18%; text-align: center; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange&#13;    variation expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; width: 71%; text-align: justify; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Since&#13;    2012, the Company has opted for taxing exchange rate variations on a cash basis. As a result, taxes are due and expenses are&#13;    deductible when the underlying asset or liability is settled.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-left: black 1pt solid; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;p style="font: bold 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Differences&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: bold 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Temporary&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loss&#13;    on investment in Usiminas shares&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;    in investment in Usiminas shares are recognized on an accrual basis; however, the event that generates taxation or deductibility&#13;    will only occur when the investment is sold.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: justify; padding-left: 5.4pt; line-height: 115%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;        provisions&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    provisions are recognized on an accrual basis and their taxation occurs only at the time of their realization, such as: provision&#13;    for contingencies, loss for &lt;i&gt;impairment&lt;/i&gt;, provision for environmental liabilities, etc.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;study is prepared based on the Company&amp;#8217;s long-term business plan designed for a period reasonably estimated by Management&#13;and considers several scenarios that vary according to different macroeconomic and operational assumptions.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;taxable income projection model considers two main indicators:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income before taxes,&#13;    reflecting the projected EBITDA plus depreciation, other income and expenses and the financial result, and;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Taxable income,&#13;    which is comprised of pre-tax income plus (minus) the items of income and expense that are taxable or deductible in future&#13;    periods (temporary differences).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;addition, a sensitivity analysis of consumption of tax credits is carried out considering a variation in macroeconomic assumptions,&#13;operating performance and liquidity events.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;deterioration of the Brazilian political and macroeconomic environment that occurred in recent years has generated tax losses&#13;at CSN, as well as the growth of its financial leverage. These two aspects combined culminated in an imbalance between the financial&#13;and operating results of the Company.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;view of this context, the Company works with a business plan aimed at rebalancing the Parent Company&amp;#8217;s financial and operating&#13;results, the main measures of which are:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Continuity of divestment&#13;    efforts;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Reduction of financial&#13;    leverage;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Improvement in operating&#13;    results due to increased sales volume, improved prices for its products and greater efficiency in controlling production costs;&#13;    and&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Reprofiling of the&#13;    Company&amp;#8217;s indebtedness, with negotiations to extend amortization terms and decentralization of indebtedness by redirecting&#13;    contracts to subsidiaries according to the nature and application of funds.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;With&#13;the continuation of the execution of the above measures, the Company&amp;#8217;s management expects to return with high levels of&#13;profitability with sustainability. Consequently, Management considers that the gradual recognition of tax credits, initially using&#13;a projection period of less than 10 years, more adequately reflects the expectation of using the credits maintained in the Company&amp;#8217;s&#13;tax records. As a result of the study, the Company reversed during 2020 the amount of R$1,369 million of estimated losses recorded&#13;in previous years totaling a balance in the deferred tax asset of R$4,628 million on December 31, 2020.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;tax losses carryforward and negative base of social contribution and temporary differences maintained in the Company&amp;#8217;s tax&#13;records for future use amount, respectively, to R$1,681 million and R$627 million on December 31, 2020 (R$1,466 million and R$550&#13;million on December 31, 2019).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 1.45pt 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&#13;income tax and social contribution are calculated based on the tax laws enacted by the end of the reporting period, including&#13;in the countries where the Group entities operate and generate taxable profit. Management periodically assesses the positions&#13;taken in the tax calculations with respect to situations where applicable tax regulations are open to interpretations. The Group&#13;recognizes provisions where appropriate, based on the estimated payments to tax authorities. The income tax and social contribution&#13;expense comprises current and deferred taxes. Current and deferred taxes are recognized in profit or loss unless they are related&#13;to business combinations or items recognized directly in shareholders' equity.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 1.45pt 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&#13;tax expense is the expected payment of taxable income for the year, using the nominal rate approved or substantially approved&#13;on the balance sheet date, and any adjustment of taxes payable related to previous years. Current income tax and social contribution&#13;are posted net in liabilities whenever there are amounts payable, or in assets whenever such amounts paid in advance exceed the&#13;total amount due at the reporting date.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;tax is recognized in relation to temporary differences between the tax bases of assets and liabilities and their book values in&#13;the financial statements. Deferred tax is not recognized for temporary differences arising from the initial recognition of assets&#13;and liabilities in a transaction that is not a business combination, that does not affect nor accounting profit nor tax profit&#13;or loss, differences related to investments in subsidiaries and controlled entities when it is probable that they will not revert&#13;in a foreseeable future and from the initial recognition of goodwill, in accordance with IAS 12 - Taxes on Profit. The amount&#13;of the deferred tax determined is based on the expectation of realization or settlement of the temporary difference and uses the&#13;nominal rate approved or substantially approved&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assets&#13;and liabilities deferred income tax are presented net in the balance sheet whenever there is a legal right and the intention to&#13;offset them upon the calculation of current taxes, usually related to the same legal entity and the same taxation authority.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;income tax and social contribution assets are recognized on recoverable balances of tax loss and negative basis of CSLL, tax credits&#13;and deductible temporary differences. Such assets are reviewed at each year-end date and will be reduced to the extent that their&#13;realization is less likely to occur.&lt;/font&gt;&lt;/p&gt;</sid:DisclosureOfIncomeTaxAndSocialContributionExplanatory>
    <sid:DisclosureOfTaxesInInstallmentsExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;19.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;TAXES IN INSTALLMENTS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;position of Refis debts and other installments, recorded in installment taxes in current and non-current liabilities, as shown&#13;in note 15, are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="5" style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Federal REFIS Law 11.941/09 (a)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,214&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,172&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15,529&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17,436&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Federal REFIS Law 12.865/13 (b)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,633&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,481&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;42,883&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;48,306&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other taxes in installments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;26,484&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;845&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;101,835&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,985&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;45,331&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;19,498&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;160,247&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;67,727&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(a)&#13;The refinancing program of Law 11,941 / 09 has a balance arising from the adhesion to the REFIS of taxes on profit (IRPJ and CSLL)&#13;for the years 2006, 2007 and 2012 and taxes on billing (PIS and COFINS) for the years 2006 and 2007. The installment payment is&#13;paid in monthly installments, with interest at the SELIC rate, which is the rate of the Brazilian federal funds.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(b)&#13;The refinancing program of Law 12.865 / 13 has a balance resulting from the adhesion to the REFIS of taxes on profit (IRPJ and&#13;CSLL) for the payment of the amounts related to taxes on the profit of the affiliates or subsidiaries abroad in 2009 to 2011.&#13;It is due in monthly installments, with interest at the SELIC rate, which is the rate of Brazilian federal funds.&lt;/font&gt;&lt;/p&gt;</sid:DisclosureOfTaxesInInstallmentsExplanatory>
    <ifrs-full:DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;20.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;PROVISION FOR&#13;    TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Claims&#13;of different nature are being challenged at the appropriate courts. Details of the accrued amounts and related judicial deposits&#13;are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td style="width: 36%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accrued&#13;    liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Judicial&#13;    deposits&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;134,645&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;128,411&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,444&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;31,060&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Social&#13;    security&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,170&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,039&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Labor&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;328,334&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;305,309&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;212,737&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;227,213&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Civil&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;151,776&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;138,990&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;67,819&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;53,771&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Environmental&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,463&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;43,498&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17,683&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,731&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deposit&#13;    of a guarantee&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;24,434&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,596&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;635,388&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;623,247&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;325,117&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;328,371&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Classified:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;81,073&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;96,479&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;554,315&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;526,768&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;325,117&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;328,371&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;635,388&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;623,247&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;325,117&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;328,371&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;changes in tax, social security, labor, civil and environmental provisions in the year ended December 31, 2020 can be summarized&#13;as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 25%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&#13;    + Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Nature&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Additions&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accrued&#13;    charges&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    utilization of reversal&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;128,411&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;8,626&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,267&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(6,659)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;134,645&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Social security&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,039&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;5,892&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;192&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(4,953)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;8,170&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Labor&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;305,309&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;44,693&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;39,507&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(61,175)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;328,334&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Civil&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;138,990&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;46,577&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;15,579&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(49,370)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;151,776&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Environmental&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;43,498&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,525&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;326&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(35,886)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;12,463&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;623,247&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;110,313&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;59,871&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(158,043)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;635,388&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Tax&#13;proceedings&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;main lawsuits that are considered by the external legal advisors as probable loss of tax nature are (i) some tax assessment notices;&#13;(ii) divergences between calculated and paid VAT (ICMS); (iii) Requests for compensation not approved due to the lack of credit&#13;rights.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Labor&#13;proceedings&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company appears as a defendant, on December 31, 2020, in 8,784 labor claims. The majority of claims for actions are related to&#13;subsidiary and / or joint liability, equal pay, unhealthy and hazardous work premiums, overtime, health insurance, indemnity claims&#13;arising from alleged involvement of occupational diseases or accidents at work, intra-day break and differences in profit sharing&#13;in the years 1997 to 1999 and 2000 to 2003.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;During&#13;the year ended December 31, 2020 there were addition or write-off movements in labor lawsuits arising from the definite conclusion&#13;and the constant revision of the Company&amp;#8217;s accounting estimates related to the provision for contingencies that take into&#13;consideration the different nature of the claims made, as required by the Company&amp;#8217;s accounting policies.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Civil&#13;proceedings&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Among&#13;the civil lawsuits in which he is a defendant, there are mainly suits for damages. Such processes, in general, result from work&#13;accidents, occupational diseases, contractual discussions, related to the Group&amp;#8217;s industrial activities, real estate actions,&#13;health insurance.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Environmental&#13;Proceedings&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Among&#13;the environmental administrative / judicial proceedings in which the Company is a defendant, there are administrative procedures&#13;aimed at finding possible occurrences of environmental irregularities and regularizing environmental licenses; at the judicial&#13;level, there are actions for the enforcement of fines imposed as a result of such alleged irregularities and public civil actions&#13;with a request for regularization combined with indemnities, which consist of environmental recovery, in most cases. Such processes,&#13;in general, result from discussions of alleged impact to the environment related to the Company&amp;#8217;s industrial activities.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Processes&#13;of an environmental nature are highly complex in estimating the value at risk, as the procedural evolution, the extent of possible&#13;damage and the projection of repair costs must be taken into account, among various aspects.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;There&#13;are other processes of an environmental nature for which it is not yet possible to assess the risk and the contingency amount&#13;due to the aforementioned complexity of estimation, the peculiarities of the matters that involve them and the procedural stages&#13;in which they are. The main environmental judicial and administrative procedures are listed below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.4pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8226;&#13;In July 2012, the Public Ministry of the State of Rio de Janeiro (MPE / RJ) and the Federal Public Ministry (MPF) filed separate&#13;public civil actions in the State and Federal Courts alleging the existence of an allegedly contaminated area in the Volta Grande&#13;IV Condominium. In view of the conflict of competence to judge the actions, the Superior Court of Justice (STJ) declared the competence&#13;of the Federal Justice to process and judge such actions. In brief summary, the MPF maintains that the Company should (i) remove&#13;all the waste disposed of in the area used as an industrial landfill in the city of Volta Redonda and (ii) transfer 750 residences&#13;located in the Volta Grande IV condominium, also in the city of Volta Redonda . These requests were denied by the Court, and it&#13;was determined that a timetable was presented to investigate the area and, if necessary, to remedy the potential issues raised&#13;by the MPF. This schedule was presented, indicating the completion of all studies related to the investigation phases, including&#13;the risk assessment and intervention plan, which were completed on April 30, 2014. In addition, there are pending indemnity suits&#13;filed by the owners of houses in the Volta Grande IV condominium, with requests for compensation for the alleged moral and material&#13;damages sustained, which have not yet been judged. Currently, the process (ACP) is awaiting the start of the investigation phase.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.4pt; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8226;&#13;In January 2014, an Annulment Action was issued with the objective of declaring the nullity of the Notice of Infraction drawn&#13;up by INEA for the alleged contamination of the soil and groundwater in the Condominium Volta Grande IV. The penalty applied was&#13;a simple fine, in the original amount of R$35 million. The request for a preliminary suspension of the demand for the debt was&#13;not considered, which is why INEA filed a Tax Enforcement Action. Currently, due to harmful external issues, the proceedings have&#13;been temporarily suspended, until the conclusion of the expert examination at ACP Volta Grande IV and / or contrary decisions&#13;of the courts.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8226;&#13;With regard to other areas allegedly contaminated in the city of Volta Redonda, the Public Ministry filed three other public civil&#13;actions aimed at environmental remediation and compensation for areas called Marcia I, II, III and IV, Wandir I and II and Recycle.&#13;Regarding the area called Marcia I, the phase of producing evidence ended on 03/04/20, there was a decision converting the trial&#13;into a conciliation hearing, given the great length of time elapsed in the conclusion of the sentence (2017 to 2019), the which&#13;was postponed without setting a new date due to the pandemic. At this hearing, the parties must present the status of the area&amp;#8217;s&#13;environmental management measures. The other two ACPs are in the initial stage and CSN is currently conducting environmental studies&#13;that will determine the extent of possible environmental damage caused by soil contamination, as well as the implementation of&#13;actions to comply with applicable laws.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8226;&#13;In 2015, the Federal Public Ministry filed a public civil action against CSN requesting the adaptation and regularization of the&#13;particulate matter emission at the Presidente Vargas Steelworks, with the consequent paralysis of its activities. According to&#13;CONAMA Resolution No. 436/2011, companies would have until December 2018 to adjust the emission of particulates to the new required&#13;legal standards. This was made compatible with INEA with the schedule of actions and measures provided for in TAC 07/2018. Currently,&#13;the process is awaiting the start of the investigation phase.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8226;&#13;In 2016, CSN was cited in a public civil action filed by the Federal Public Ministry and the Public Ministry of the State of Rio&#13;de Janeiro, due to the alleged irregular deposit of waste in the area called &amp;#8220;Aterro Panco&amp;#8221;. In this action, there&#13;are requests for recovery of degraded areas, repair of damage to flora and fauna, and human health, as well as compensation for&#13;material and moral damage caused to the environment. Currently, the process is awaiting the start of the investigation phase.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8226;&#13;In 1988, the Federal Public Ministry filed a public civil action against CSN for alleged environmental contamination and pollution&#13;of the Para&amp;#237;ba do Sul River, allegedly caused by industrial activity in the area. In 1995, the court determined the meeting&#13;of cases No. 15,497; 17,563; No. 7,304; and, No. 7,624, in view of the connection characterized and determined the joining of&#13;the 4 shares.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Federal Regional Court of the Second Region upheld the first instance conviction, reiterating the Company&amp;#8217;s obligation to&#13;compensate for possible environmental damage caused to the ecosystem. The Company appealed to the Superior Court of Justice (STJ),&#13;which accepted the appeal and annulled the previous decisions, determining the return of the records to the 1st Instance to resume&#13;the process. Currently, the process awaits the new beginning of the investigation phase.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8226;&#13;In 2009 and 2010, Terms of Judicial Agreements (TAJ&amp;#8217;s) were signed with the Federal Public Ministry seeking the recovery&#13;of environmental liabilities caused by coal mining in the Southeast Region of Santa Catarina until the 1990s. The environmental&#13;liabilities covered by the agreements include the restoration of certain degraded areas. In March 2018, the parties renegotiated&#13;a new agreement, with the extension of the works schedule until 2030, which was ratified in court on 06/06/18. Currently, the&#13;Company negotiates with the MPF the suspension of the TAJ terms for negotiation and adjustment of the obligations and compensatory&#13;measures provided for.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8226;&#13;In July 2018, the Company and the company Harsco Metals (&amp;#8220;Harsco&amp;#8221;), a company providing services to CSN, were cited&#13;in a new public civil action filed jointly by the Federal Public Ministry and the Public Ministry of the State of Rio de Janeiro,&#13;due to the supposed irregular deposit of waste (steel slag) in the area called &amp;#8220;Slag Processing Yard&amp;#8221;. A preliminary&#13;decision was issued that established a certain limitation in the monthly sending of slag to the referred yard, reducing the height&#13;of the piles and removing the excess of the stored material. However, recent studies carried out by independent companies, attest&#13;to the absence of environmental risks or impacts. The Company and Harsco have been looking for feasible alternative solutions&#13;to end the process. Currently, the process is awaiting the start of the investigation phase.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8226;&#13;In January 1995, the ACP was filed by the Municipality of Volta Redonda / RJ (&amp;#8220;MVR&amp;#8221;), pleading CSN&amp;#8217;s condemnation&#13;of compliance with 26 items of Compensatory Environmental Programs. After the contestation, the parties entered into an instrument&#13;of Transaction (1995), establishing the effective obligations of CSN, as well as the environmental compensation, ratified in court&#13;by sentence. The municipality of Volta Redonda disagreed about the compliance with the ratified agreement and in 2015 the process&#13;of liquidating unfulfilled obligations was initiated. On 12/27/18, a new agreement was signed between CSN and MVR to end the legal&#13;dispute, through reciprocal concessions from the parties, with the MVR expressly waiving the right on which the lawsuit is founded&#13;and CSN the additional investment in the amount of R$21 million, 30% of which should be allocated to services of environmental&#13;interest, works for the preservation, improvement and recovery of the quality of the environment in Volta Redonda. In 2019, the&#13;agreement signed between CSN and MVR was approved with the actual disbursement by CSN of R$25MM, which was appealed by the Public&#13;Prosecutor&amp;#8217;s Office, however dismissed by the Rio de Janeiro Court of Justice, confirming the decision of the lower court&#13;that ratified the agreement signed between the Company and the MVR.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8226;&#13;In August 2017, CSN initiated an annulment action against the tax assessment notice that imposed a fine on CSN (R$25 million -&#13;updated until December / 19), for alleged water pollution in the Para&amp;#237;ba do Sul River, with the launch of effluents from&#13;the Alto Forno 2 ETE, due to an accident that occurred on 11/27/2010. The enforceability of the fine is suspended due to a preliminary&#13;injunction, and the process is awaiting the start of the investigation phase.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8226;&#13;In December 2019, a Public Civil Action was initiated against Sepetiba TECON and INEA with a view to suspending the environmental&#13;licensing processes of the Sepetiba TECON container terminal until the study of the environmental support capacity of Sepetiba&#13;Bay is carried out, and the INEA refrain from licensing new ventures or potentially polluting activities on the site, which may&#13;harm the socio-environmental balance of the Bay and the preservation of marine fauna. Sepetiba TECON became aware of the action&#13;through news published on the MPF website. On 12/19/19, the court dismissed the request for emergency relief requested by the&#13;MPF, as well as the Federal Union and IBAMA&amp;#8217;s decision was determined. After the challenge is submitted by TECON, the process&#13;awaits the start of the investigation phase.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#8226;&#13;In June 2019, CSN filed a lawsuit against the INEA Notification that determined the suspension of solid bulk handling operations&#13;at TECON due to the alleged lack of activity forecast under the respective Operation License. A preliminary injunction was granted&#13;to suspend the effects of the Notification and allow the continuation of the solid bulk handling operation until the final judgment&#13;of the action. After the favorable decision is confirmed by the Court on appeal, the case awaits the initiation of the investigation&#13;phase.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&amp;#8226;&lt;/td&gt;&#13;    &lt;td style="text-decoration: underline; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;u&gt;administrative&#13;    and judicial proceedings&lt;/u&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company does not make provisions for lawsuits, which Management&amp;#8217;s expectation, based on the opinion of legal counsel, is&#13;a possible loss. The following table shows a summary of the balance of the main matters classified as possible risk compared to&#13;the balance at December 31, 2020 and December 31, 2019.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-family: Calibri, Helvetica, Sans-Serif; width: 82%; font-weight: bold; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assessment Notice&#13;    and imposition of fine (AIIM) / Tax Enforcement - Income tax and social contribution - Capital gain on sale of NAMISA's shares&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;12,694,021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;12,412,964&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assessment Notice&#13;    and Imposition of fine (AIIM) - Income tax and Social contribution - Disallowance of deductions of goodwill generated in the&#13;    reverse incorporation of Big Jump by NAMISA.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,930,093&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,867,663&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assessment Notice&#13;    and Imposition of fine (AIIM) / Tax Enforcement&amp;#160;&amp;#160;- Income tax and Social contribution - Disallowance of interest&#13;    on prepayment arising from supply contracts of iron ore and port services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,956,898&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,249,708&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assessment&#13;    Notice and imposition of fine (AIIM) - Income tax and social contribution due to profits from foreign subsidiaries for years&#13;    2008, 2010, 2011, 2012 and 2014&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,461,574&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,946,288&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax foreclosures&#13;    - ICMS - Electricity credits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;841,401&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,022,371&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Offset&#13;    of taxes that were not approved by the Federal Revenue Service - IRPJ/CSLL, PIS/COFINS and IPI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,845,379&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,100,564&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Disallowance&#13;    of the ICMS credits - Transfer of iron ore&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;624,645&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;567,534&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;ICMS - Refers to&#13;    the transfer of imported raw material at an amount lower than the price disclosed in the import documentation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;317,848&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;310,349&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Disallowance of&#13;    the tax loss and negative basis of social contribution arising from the adjustments in the SAPLI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;583,478&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;538,268&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assessment Notice-&#13;    IRRF- Capital Gain of CFM vendors located abroad&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;260,326&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;254,850&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CFEM &amp;#8211; difference&#13;    of understanding between CSN and DNPM on the calculation basis&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,051,661&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,020,266&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assessment&#13;    Notice- ICMS- questions about sales for incentive area&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,111,034&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,015,812&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    tax lawsuits (federal, state, and municipal)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,886,976&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,478,014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Social&#13;    security lawsuits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;233,116&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;325,492&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Action&#13;    to discuss the balance of the construction contract &amp;#8211; Tebas&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;487,124&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;468,776&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Action&#13;    related to power supply payment&amp;#8217;s charge - Light&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;288,390&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;253,569&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Indemnity action&#13;    due to the supply contract termination - Indumill&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;237,795&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;215,281&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Enforcement&#13;    action applied by Brazilian antitrust authorities (CADE)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;95,833&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;93,212&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Civil Public Action&#13;    - Districts / School / Nursery relocation-CdP Dam &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;12,207&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;20,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    civil lawsuits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;777,850&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;764,127&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Labor&#13;    and social security lawsuits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,506,626&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,565,237&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&#13;    foreclosures &amp;#8211; Fine &amp;#8211; Volta Redonda IV &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;94,304&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;84,599&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;ACP&#13;    landfill M&amp;#225;rcia &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(3)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;306,389&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assessment&#13;    Notice and imposition of fine (AIIM) -&amp;#160;&amp;#160;Charge of IRRF- RFB&amp;#160;&amp;#160;- Business combination (year 2015) between&#13;    Namisa, Congonhas Min&amp;#233;rios (current CSN Minera&amp;#231;&amp;#227;o) and consortium&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;862,324&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assessment&#13;    Notice and imposition of fine (AIIM) - SEFAZ/RJ - ICMS on purchases of intermediate products (4)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;498,002&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assessment&#13;    Notice and imposition of fine (AIIM) - RFB -&amp;#160;&amp;#160;Disallowance of credits PIS/COFINS of inputs and freight&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,082,517&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    environmental lawsuits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;257,965&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;215,691&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: bold 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;39,305,776&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;35,790,635&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&#13;In May 2019, the State Prosecutor&amp;#8217;s Office of the State of Minas Gerais filed an ACP order to compel CSN Minera&amp;#231;&amp;#227;o&#13;SA to adopt mitigating measures regarding the psychological risks and losses allegedly generated by the Casa de Pedra Dam, reallocating&#13;residents, who so wish, with rents and social assistance, as well as relocating children who attended a new daycare and school&#13;that were closed, rebuilding new daycare and school in a safe place. In a preliminary injunction, the 1st Instance Magistrate&#13;ordered the blocking of three million reais for the construction of the day care center and school, a decision suspended by the&#13;2nd Instance Court. The State Public Prosecutor of the State of Minas Gerais also pleaded for the payment of moral damages collective&#13;actions, as well as for the permanent reallocation of people, at the expense of CSN Minera&amp;#231;&amp;#227;o SA The lawsuit is in its&#13;initial phase and there is still no judicial sentence related to the case.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&#13;On April 8, 2013, INEA applied a fine of R$35 million to CSN in relation to aspects involving the Volta Grande IV condominium,&#13;determining that the actions already considered and discussed in the public civil action filed in July 2012. In relation to the&#13;application of this fine, an annulment action was filed, distributed, in January 2014, to the 10th Civil Court of the State of&#13;Rio de Janeiro, aiming at the annulment of the fine and its effects. In parallel, INEA filed a tax enforcement action, with an&#13;adjusted amount of R$42 million, in order to enforce the amount of the fine imposed. The Tax Foreclosure action mentioned was&#13;distributed in May 2014 to the 4th Registry of Active Debt of Volta Redonda, in the State of Rio de Janeiro. Currently, these&#13;actions are suspended until the conclusion of the investigation to be carried out in the Environmental Public Civil Action of&#13;the Condominium Volta Grande IV, whose merit discusses possible contamination of the site.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&#13;This is an Environmental Public Civil Action, proposed by the MPF, with a claim for indemnity for collective moral damages and&#13;material damages, for allegedly irregular deposit of steel residues, in addition to being set aside for non-compliance with the&#13;injunction.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4)&#13;Infraction Notice (AIIM) drawn up by SEFAZ / RJ for ICMS and Fine requirement for the alleged improper use of ICMS credit for&#13;the period 2015 to 2020 resulting from the acquisition of intermediate products used in the UPV (refractories, belts, cylinders,&#13;chemical agents, etc.), which were classified by the Inspection as of use / consumption and without the right to credit.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company has been offering judicial guarantees (Guarantee Insurance / Letter of Guarantee) in the total and updated amount of R$4,542,786,&#13;as determined by the procedural legislation in force.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;assessments made by legal advisors define these administrative and judicial proceedings as a possible risk of loss and, consequently,&#13;no loss provisions have been recognized.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Only&#13;provisions estimated as probable risk of loss are recorded, substantiated in the assessment of our legal advisors, and at amounts&#13;that will be required to settle the litigations. The obligation is updated in accordance with the evolution of the lawsuit or&#13;financial charges incurred and will be reversed if the estimated loss is no longer considered probable due to changes in circumstances&#13;or derecognized when the obligation is settled.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory>
    <sid:DisclosureOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationsExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;21.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;PROVISION FOR&#13;    ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;balance of provisions for environmental liabilities and deactivation of assets can be shown as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td style="width: 59%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 20%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 20%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Environmental liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;192,830&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;192,270&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Asset retirement obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;611,005&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;331,731&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;803,835&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;524,001&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;21.a)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Environmental&#13;    liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of December 31, 2020, a provision is maintained for application in expenses related to services for the investigation and environmental&#13;recovery of potential contaminated, degraded areas and in the process of exploration under the responsibility of the Company in&#13;the states of Rio de Janeiro, Minas Gerais and Santa Catarina. Expenditure estimates are periodically reviewed, adjusting, whenever&#13;necessary, the amounts already accounted for. These are the Management&amp;#8217;s best estimates considering studies and environmental&#13;recovery projects. These provisions are recorded in the account for other operating expenses.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Provisions&#13;are measured at the present value of the expenses that must be required to settle the obligation, using a pre-tax rate, which&#13;reflects current market valuations of money at the time and the specific risks of the obligation. The increase in the obligation&#13;due to the passage of time is recognized as other operating expenses.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Some&#13;contingent environmental liabilities are monitored by the environmental area and have not been provisioned because their characteristics&#13;do not meet the recognition criteria in IAS 37.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;21.b)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Asset retirement&#13;    obligation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;2020, after anticipating the discontinuation of the dams used in its mining activities, the Company updated the study to recognize&#13;the costs of deactivating mining assets. The study resulted in an increase of the provision by R$279 million, mainly due to:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 36pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;expansion of operational&#13;    areas with the implementation of new technologies;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 36pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;ii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;revision in the&#13;    process of de-characterization of dams and&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 36pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;iii)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;application of inflation&#13;    indices on costs.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company recognizes a provision for recovery costs, when a loss is probable, and the amounts of the related costs are reasonably&#13;determined. Generally, the provisioning period for the amount to be used for recovery coincides with the completion of a feasibility&#13;study or commitment to a formal action plan.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Expenses&#13;related to compliance with environmental regulations are charged to income or capitalized, as appropriate. Capitalization is considered&#13;appropriate when expenses refer to items that will continue to benefit the Company and that are basically relevant to the acquisition&#13;and installation of equipment for pollution control and / or prevention.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Asset&#13;retirement obligation (ARO) liabilities consist of cost estimates for deactivation, demobilization or restoration of areas at&#13;the end of mining activities and extraction of mineral resources. The initial measurement is recognized as a liability discounted&#13;to present value and, subsequently, carried to expenses over time. The asset deactivation cost equivalent to the initial liability&#13;is capitalized as part of the asset&amp;#8217;s carrying amount and depreciated over the asset&amp;#8217;s useful life.&lt;/font&gt;&lt;/p&gt;</sid:DisclosureOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationsExplanatory>
    <ifrs-full:DisclosureOfRelatedPartyExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;22.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;RELATED-PARTY&#13;    BALANCES AND TRANSACTIONS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;22.a)Transactions&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;with holding&#13;    companies&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Vicunha&#13;A&amp;#231;os SA is the main shareholder of the Company with a 49.24% interest in the voting capital.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Also&#13;part of the Company&amp;#8217;s control is Rio Iaco Participa&amp;#231;&amp;#245;es SA, which holds a 4.22% interest in the voting capital&#13;of CSN.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;corporate structure of Vicunha A&amp;#231;os SA is as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 2.25pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Vicunha Steel S.A.&#13;    - holds 67.93% interest in Vicunha A&amp;#231;os S.A.;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 2.25pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CFL Participa&amp;#231;&amp;#245;es&#13;    S.A. - holds a 12.82% interest in Vicunha A&amp;#231;os S.A. and a 40% interest in Vicunha Steel S.A.;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 2.25pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rio Purus Participa&amp;#231;&amp;#245;es&#13;    S.A. - holds a 19.25% interest in Vicunha A&amp;#231;os S.A. and a 60% interest in Vicunha Steel S.A.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#183;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of December 31, 2020, the distribution of mandatory minimum dividend in the amount of R$443,694 to the shareholder Vicunha A&amp;#231;os&#13;SA and R$37,997 to Rio Iaco Participa&amp;#231;&amp;#245;es SA was proposed, which will be submitted for approval at the Annual Shareholders&amp;#8217;&#13;Meeting.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;22.b)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Transactions&#13;    with subsidiaries, joint ventures, associates, exclusive founds and other related parties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="15" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 32%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subsidiaries&#13;    and associates&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-ventures&#13;    e Joint Operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    related parties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subsidiaries&#13;    and associates&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-ventures&#13;    e Joint Operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    related parties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Current&#13;    Assets&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,763,603&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,763,603&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,116,560&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,116,560&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    receivables (note 6)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;7,686&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;8&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;113,482&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;121,176&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;39,435&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;797&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;130,356&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;170,588&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends&#13;    receivable (note 9)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;sup&gt;(3)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;38,088&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;38,088&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;44,554&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;44,554&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    current assets (note 9)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,413&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,829&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;6,242&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,830&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,830&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,686&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;42,509&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,878,914&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,929,109&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;39,435&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;45,351&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,248,746&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,333,532&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Noncurrent&#13;    Assets&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;123,409&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;123,409&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;95,719&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;95,719&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loans&#13;    (note 9)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;sup&gt;(4)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,375&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;962,675&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;966,050&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,874&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;844,426&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;846,300&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial&#13;    asset (note 30)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13,819&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;13,819&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13,714&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;13,714&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    non-current assets (note 9)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;sup&gt;(5)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;664,020&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;664,020&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;428,672&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;428,672&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,375&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,626,695&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;137,228&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,767,298&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,874&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,273,098&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;109,433&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,384,405&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;11,061&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,669,204&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;4,016,142&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,696,407&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;41,309&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,318,449&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,358,179&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,717,937&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Current&#13;    Liabilities&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Intercompany&#13;    Loans (note 13)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;25,038&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;25,038&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;106,946&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;9,455&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;116,401&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;98,496&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;142,488&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;240,984&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accounts&#13;    payable (note 15)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;23,555&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;2,437&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;25,992&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;23,566&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;23,566&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Provision&#13;    for consumption (note 15)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;44,466&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;44,466&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;22,497&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;22,497&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;174,967&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11,892&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;186,859&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;144,559&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;167,526&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;312,085&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Noncurrent&#13;    Liabilities&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accounts&#13;    payable (note 15)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;78,083&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;78,083&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;88,021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;88,021&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial&#13;    liability&amp;#160;&amp;#160;(note 30)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;79,546&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;79,546&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19,788&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;19,788&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;78,083&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;79,546&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;157,629&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;88,021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;19,788&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;107,809&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;253,050&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;91,438&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;344,488&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;232,580&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;187,314&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;419,894&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 22%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subsidiaries&#13;    and associates&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-ventures&#13;    e Joint Operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    related parties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subsidiaries&#13;    and associates&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-ventures&#13;    e Joint Operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    related parties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subsidiaries&#13;    and associates&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-ventures&#13;    e Joint Operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    related parties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;P&amp;#38;L&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sales&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;104,400&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;843&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,568,992&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,674,235&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;75,630&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,047,204&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,122,834&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;100,608&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;414&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,177,730&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,278,751&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&#13;    and expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,036,420)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(104,212)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,140,632)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(231,140)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,133,142)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(594,676)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,958,958)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,307,695)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(110,587)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,418,282)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;    income (expenses)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest&#13;    (note 28)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;19,095&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;18,421&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;37,516&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;43,790&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;20,499&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;64,289&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;234&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;33,911&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;14,651&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;48,796&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td colspan="2" style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange&#13;    rate variations and&amp;#160;&amp;#160;monetary, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,586&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,586&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;13,611&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;13,611&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;    investments (note 28)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,190,489&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,190,489&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    operating income and expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(14,939)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(136,004)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(150,943)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;104,400&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,016,482)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,673,690&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;1,761,608&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(155,510)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,104,291)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;340,609&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(919,192)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;100,842&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,273,369)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,095,404&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(77,123)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Main&#13;operations:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 7pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial investments:&#13;    &lt;/b&gt;&lt;font style="font-weight: normal"&gt;Investments in Usiminas shares are R$3,305,109 (R$2,114,620 in December 2019) and cash&#13;    and cash equivalents with Banco Fibra totaling R$458,494 in December 2020 (R$1,940 in December 2019) and no current amount&#13;    R$123,409 (R$95,719 in December 2019) from &lt;i&gt;Bonds&lt;/i&gt; with an average rate of 98% to 115% of the CDI in the consolidated&#13;    and holds in the parent company through exclusive funds&amp;#8217; investments in government bonds and CDBs in the amount of R$38,517&#13;    on December 31, 2020 (R$8,301 on December 31, 2019).&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trades receivable:&#13;    &lt;/b&gt;mainly refers to operations of sales of steel products of the Parent Company to affiliates and companies &lt;i&gt;joint venture&#13;    &lt;/i&gt;and &lt;i&gt;joint-operation&lt;/i&gt;.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Dividends receivable&#13;    &lt;/b&gt;from MRS Log&amp;#237;stica of R$38,088 (R$44,554 as of December 31, 2019).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loans (Assets):&#13;    &lt;font style="font-weight: normal"&gt;refers mainly to loan agreements with an average rate of 125.0% to 130.0% of the CDI with&#13;    Transnordestina Log&amp;#237;stica SA of R$962,675 (R$844,426 as of December 31, 2019). &lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Others (Assets):&#13;    &lt;/b&gt;Advance for future capital increase with subsidiaries of R$664,020 with Transnordestina Log&amp;#237;stica SA (R$428,672 on&#13;    December 31, 2019).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;22.c)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other unconsolidated&#13;    related parties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#183;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;CBS Social Security&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company is its main sponsor, being a non-profit civil society established in July 1960 and whose main objective is the payment&#13;of benefits complementary to those of the official social security for the participants. As a sponsor, it maintains transactions&#13;for payment of contributions and recognition of actuarial liabilities determined in defined benefit plans.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#183;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Banco Fibra&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Banco&#13;Fibra is under the control structure of Vicunha A&amp;#231;os S.A., the major shareholder of the Company and the financial transactions&#13;carried out with this bank are limited to movements in checking accounts and financial investments in fixed-income securities.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#183;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;CSN Foundation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company develops socially responsible policies concentrated in the CSN Foundation, of which it is the founder. Transactions between&#13;the parties are related to operational and financial support for the Foundation to conduct social projects developed mainly in&#13;the locations where it operates.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#183;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Related Parties&#13;    under the control of a member of the Company&amp;#8217;s Management&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following companies are under the control of a member of the Management, which maintain some minor transactions with the Company:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Partifib Projetos Imobili&amp;#225;rios Ltda&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Vicunha Im&amp;#243;veis Ltda.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Vicunha Servi&amp;#231;os Ltda.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#183;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Ibis Participa&amp;#231;&amp;#245;es e Servi&amp;#231;os&#13;    Ltda&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;22.d)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Key management&#13;    personal&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;key management personnel with authority and responsibility for planning, directing and controlling the Company&amp;#8217;s activities&#13;include members of the Board of Directors and statutory officers. &lt;font style="line-height: 115%"&gt;The following is information&#13;on the compensation of such personnel and the related balances as of &lt;/font&gt;December 31, 2020.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="5" style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;P&amp;#38;L&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 49%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Short-term benefits for employees and officers&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;40,522&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;37,452&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;32,848&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Post-employment benefits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;111&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;109&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;105&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;40,633&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;37,561&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;32,953&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;22.e)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Guarantees&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company is liable for guarantees of its subsidiaries and joint ventures as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Maturities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Borrowings&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Tax&#13;    foreclosure&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 24%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 6%; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transnordestina&#13;    Log&amp;#237;sitca&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Up&#13;    to 09/19/2056 and Indefinite&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;2,478,105&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;2,428,194&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;35,496&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;37,406&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,298&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;8,702&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,516,899&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,474,302&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;FTL - Ferrovia&#13;    Transnordestina&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Up&#13;    to 04/01/2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;43,118&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;43,118&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cia&#13;    Metalurgica Prada&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Indefinite&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;196&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;457&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;244&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;235&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;440&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;692&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Energia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Up&#13;    to 11/26/2023 and indefinite&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,141&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,920&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,920&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,920&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5,061&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Minera&amp;#231;&amp;#227;o&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Up&#13;    to 12/21/2024&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;846,749&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,184,048&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;846,749&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,184,048&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estanho de Rond&amp;#244;nia&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7/15/2022&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,154&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,902&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,154&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,902&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Min&amp;#233;rios&#13;    Nacional S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Up&#13;    to 09/10/2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,946&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,544&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,946&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,544&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    in R$&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;3,327,954&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;3,661,806&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;35,692&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;41,004&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5,462&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;10,857&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,369,108&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,713,667&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Inova Ventures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;01/28/2028&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,300,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,300,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Islands XII&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Perpetual&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,000,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,000,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,000,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,000,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Resources&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Up&#13;    to 04/17/2026&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,525,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,958,603&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,525,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,958,603&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    in US$&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;3,825,000&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;2,958,603&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,825,000&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,958,603&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Steel S.L.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;EUR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;24,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;24,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    in EUR&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;24,000&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;24,000&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    in R$&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;19,877,378&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;12,033,973&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;19,877,378&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;12,033,973&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;23,205,332&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;15,695,779&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;35,692&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;41,004&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5,462&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;10,857&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;23,246,486&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;15,747,640&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transactions&#13;with related parties were carried out by the Company on terms equivalent to those prevailing in market transactions, observing&#13;the price and the usual market conditions. Therefore, these transactions are in conditions that are no less favorable for the&#13;Company than those negotiated with third-parties.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transactions&#13;between the Parent and its subsidiaries are eliminated and adjusted to ensure consistency with the practices adopted by the Parent.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company&amp;#8217;s related parties are subsidiaries, joint ventures, affiliates, shareholders and their related companies and the&#13;key personnel of the Company&amp;#8217;s management&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfRelatedPartyExplanatory>
    <ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;23.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;SHAREHOLDERS&amp;#180;&#13;    EQUITY&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;23.a)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Paid-in capital&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;fully subscribed and paid-in capital on December 31, 2020 R$6,040 million (R$4,540 million on December 31, 2019) is divided into&#13;1,387,524,047 common and book-entry shares, with no par value. Each common share entitles its holder to one vote in the resolutions&#13;of the General Meetings.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Board of Directors, at a meeting held on February 22, 2021, approved the capitalization of part of the Income Reserve, in the&#13;amount of R$1,500 million, without changing the number of shares, increasing the Company&amp;#8217;s capital to R$6,040 million .&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;23.b)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Authorized capital&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company&amp;#8217;s bylaws in effect on December 31, 2020 define that the share capital may be increased to up to 2,400,000,000 shares,&#13;by decision of the Board of Directors.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;23.c)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Legal Reserve&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;It&#13;is constituted at the rate of 5% of the net income calculated in each fiscal year pursuant to art. 193 of Law 6.404/76, up to&#13;a limit of 20% of the capital stock.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;23.d)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Ownership structure&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;As&#13;of December 31, 2020, the Company&amp;#8217;s ownership structure was as follows&lt;/font&gt; &lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 30%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Number&#13;    of common shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;%&#13;    of total shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;%&#13;    of voting capital&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Number&#13;    of common shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;%&#13;    of total shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;%&#13;    of voting capital&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Vicunha A&amp;#231;os&#13;    S.A. (*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;679,522,254&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;48.97%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49.24%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;679,522,254&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;48.97%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49.24%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rio Iaco Participa&amp;#231;&amp;#245;es&#13;    S.A. (*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;58,193,503&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.19%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.22%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;58,193,503&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.19%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.22%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NYSE (ADRs)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;248,763,533&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17.93%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18.02%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;262,206,103&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18.90%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other shareholders&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;393,635,257&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28.37%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28.52%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;380,192,687&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;27.40%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;27.55%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Outstanding&#13;    shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,380,114,547&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;99.47%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,380,114,547&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;99.47%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Treasury shares&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,409,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.53%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,409,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.53%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,387,524,047&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,387,524,047&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;Controlling group companies.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;23.e)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Treasury shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of December 31, 2020, the position of treasury shares was as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Program&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Board&amp;#8217;s&#13;    Authorization&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Authorized&#13;    quantity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 25%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Program&#13;    period&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Average&#13;    buyback price&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 12%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Minimum&#13;    and maximum buyback price&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sale&#13;    of shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    in treasury&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;04/20/2018&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;30,391,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;From 4/20/2018 to&#13;    4/30/2018&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8.5pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Not&#13;    applicable&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Not applicable&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;22,981,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;7,409,500&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of December 31, 2020, the position of treasury shares was as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="3" style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Quantity&#13;    purchased (in units)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="3" style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Amount&#13;    paid for the shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" colspan="5" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Share&#13;    price&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="3" style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Share&#13;    market price as of&amp;#160;&amp;#160;12/31/2020 (*)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Minimum&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Maximum&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Average&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top-color: black; width: 23%; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;7,409,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8.5pt; width: 16%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&#13;    58,264&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8.5pt; width: 11%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;R$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4.48&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8.5pt; width: 1%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8.5pt; width: 10%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;R$&#13;    10.07&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8.5pt; width: 1%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8.5pt; width: 15%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;R$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;7.86&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8.5pt; width: 1%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8.5pt; width: 20%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&#13;    235,993&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;The average share price on December 31, 2020 was used in the amount of R$31.85 per share.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;23.f)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Policy on investments&#13;    and payment of interest on net equity and dividends&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company adopts a profit distribution policy which, in compliance with the provisions of Law No. 6,404 / 76 as amended by Law No.&#13;9,457 / 97, will imply the allocation of all net income to its shareholders, provided that the following priorities are preserved,&#13;regardless of its order: (i) business strategy; (ii) compliance with obligations; (iii) making the necessary investments; and&#13;(iv) the maintenance of a good financial situation for the Company.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;23.g)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;&lt;b&gt;Earnings&#13;    per share&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;earnings per share are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 48%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; width: 18%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Common&#13;    Shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Profit for the&#13;    year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,794,295&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,789,067&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;5,074,136&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Weighted average number of shares&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,380,114,547&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,380,114,547&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,373,250,595&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Basic and diluted&#13;    earnings (loss) per share&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2.74926&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1.29632&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3.69498&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Share&#13;Capital&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Incremental&#13;costs directly attributable to the issue of new shares or options are shown in equity as a deduction from the amount raised, net&#13;of taxes.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Earnings/(loss)&#13;per share&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Basic&#13;earnings per share is calculated using the net income for the year attributable to the Company&amp;#8217;s controlling shareholders&#13;and the weighted average number of outstanding common shares in the respective period. Diluted earnings per share is calculated&#13;using the aforementioned average of outstanding shares, adjusted by instruments potentially convertible into shares, with a dilutive&#13;effect, in the periods presented. The Company does not have potential instruments convertible into shares and, consequently, the&#13;diluted and basic earnings per share are the same.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Treasury&#13;shares&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;When&#13;the Company purchases shares of the capital stock of the Company itself (treasury shares), the amount paid, including any directly&#13;attributable additional costs (net of income tax), is deducted from the shareholders&amp;#8217; equity attributable to the shareholders&#13;of the Company until the shares are canceled or reissued. When such shares are subsequently reissued, any amounts received, net&#13;of any directly attributable additional transaction costs and the respective income tax and social contribution effects, are included&#13;in the shareholders&amp;#8217; equity attributable to the Company&amp;#8217;s shareholders.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-controlling&#13;interest and transactions&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company considers transactions with non-controlling interests as transactions with owners of the Company&amp;#8217;s assets. For non-controlling&#13;interests, the difference between any consideration paid and the acquired portion of the carrying amount of the subsidiary's net&#13;assets is recorded in the shareholders' equity. Gains or losses on disposals for non-controlling interests are also recorded directly&#13;in shareholders' equity.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;When&#13;the Company ceases to have control, any interest held in the entity is remeasured at fair value, with the change in book value&#13;recognized in the income statement. The fair value is the initial carrying amount for the subsequent accounting of the retained&#13;interest in an associate, a &lt;i&gt;joint venture&lt;/i&gt; or a financial asset. In addition, any amounts previously recognized in other&#13;comprehensive income related to that entity are accounted for as if the Company had directly disposed of the related assets or&#13;liabilities. This means that the amounts previously recognized in other comprehensive income are reclassified to income.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory>
    <sid:DisclosureOfShareholdersCompensationExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;24.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Shareholders'&#13;    Compensation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company&amp;#8217;s Bylaws provide for the distribution of minimum dividends of 25% of the adjusted net income in accordance with&#13;the law, to the holders of their shares.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends&#13;are calculated in accordance with the bylaws and the Joint Stock Company Act. The profit destination for 2020 is shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-decoration: underline; width: 65%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Allocation&#13;    of profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Profit for the&#13;    year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;3,794,295&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Capital&#13;    reserve&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(189,715)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Profit for allocation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,604,580&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Proposed destination:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Mandatory&#13;    minimum dividends&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(901,145)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Statutory&#13;    reserve&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(2,703,435)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(3,604,580)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Weighted average number of shares&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,380,114,547&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends for share&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.652949&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-decoration: underline; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;In&#13;    current liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-decoration: underline; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;&amp;#160;&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance of dividends&#13;    payable as December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;13,252&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends&#13;    paid in year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(12,414)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Proposed&#13;    dividends in 2020 exercise&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;901,145&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance of dividends&#13;    payable as December 31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;901,983&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;the Annual General Meeting (AGM), the proposal for the allocation of profit presented in the financial statements will likely&#13;be approved.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;accordance with article 33 of the Company&amp;#8217;s Bylaws, at least 25% of the net income for the year, adjusted under the terms&#13;of article 202 of Law No. 6,404 / 76, will be distributed as dividends in each fiscal year, which will be reflected in current&#13;liabilities. In addition, the Board of Directors may pay interest on net equity by allocating the amount of interest paid or credited&#13;to the minimum mandatory dividend mentioned above. If the Company reports a dividend higher than the mandatory minimum in the&#13;allocation proposal, this amount is highlighted in a specific account in shareholders&amp;#8217; equity under &amp;#8220;Proposed Additional&#13;Dividend&amp;#8221;. At the Annual Shareholders&amp;#8217; Meeting (AGM), the resolution on the proposal for allocation in the financial&#13;statement will be made.&lt;/font&gt;&lt;/p&gt;</sid:DisclosureOfShareholdersCompensationExplanatory>
    <ifrs-full:DisclosureOfRevenueExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;25.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;NET REVENUE FROM&#13;    SALES&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;sales revenue is as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 43%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Consolidated&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross revenue&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Domestic&#13;    market&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;16,652,801&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;14,220,420&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;14,752,901&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    market&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;17,396,259&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;14,663,297&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;11,817,559&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;34,049,060&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;28,883,717&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;26,570,460&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Deductions&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sales&#13;    returns, discounts and rebates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(248,821)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(325,794)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(234,851)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Taxes&#13;    on sales&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(3,736,219)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(3,121,506)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(3,366,724)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(3,985,040)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(3,447,300)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(3,601,575)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net revenue&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;30,064,020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;25,436,417&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;22,968,885&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;a)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Nature of goods&#13;    and services.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company generates revenue from (i) the production and sale of steel, cement and iron ore, (ii) the provision of maritime freight&#13;services, in the case of iron ore export sales, and rail and port logistics services and (iii) sales of energy.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;b)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Timing of revenue&#13;    recognition.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company recognizes revenue once all of the following conditions are satisfied:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Identification&#13;of the contract for sale of goods or provision of services;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Identification&#13;of the performance obligations;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Determination&#13;of the contract value;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Determination&#13;of the value allocated to each performance obligation included in the contract; and&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5.&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Revenue&#13;recognition over time or at the time the performance obligations are completed.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;the case of sales of goods, performance obligations are usually completed upon delivery of the goods to the destination specified&#13;by customers, which may be customers&amp;#8217; warehouses or, in the case of iron ore export sales, when the product is loaded on&#13;the ship. In certain cases, judgment may be required to determine when performance obligations are completed, based on the following&#13;indicators:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;I.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Whether the customer&#13;    has the significant risks and rewards of ownership and has the ability to direct the use of, and obtain substantially all&#13;    of the remaining benefits from, the good; and&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;II.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Whether the customer&#13;    has a present obligation to pay in accordance with the terms of the sales contract.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accordingly,&#13;the Company discloses revenue from each of its business segments as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Steel:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company recognizes revenues from sales of steel products when control of the product passes to customers, which may be either&#13;upon delivery of the goods to the destination specified by customers or when the customer picks up the goods for delivery, depending&#13;on whether the customer contracts logistics services from the Company.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cement&lt;/b&gt;:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company recognizes revenues from sales of cement when control of the product passes to customers, which may be either upon delivery&#13;of the goods to the destination specified by customers or when the customer picks up the goods for delivery, depending on whether&#13;the customer contracts logistics services from the Company.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Mining:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company recognizes revenues from sales of iron ore when control of the product passes to customers, which generally occurs, in&#13;the case of export sales, when the product is loaded on the ship and, in the case of domestic sales, when the product is loaded&#13;on the train.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Iron&#13;ore export sales pursuant to the Incoterms &amp;#8220;Cost, Insurance and Freight &amp;#8211; CIF&amp;#8221; and &amp;#8220;Cost and Freight &amp;#8211;&#13;CFR&amp;#8221; include maritime freight service embedded in the same invoice. In this case, the performance obligation of the maritime&#13;freight service is considered separately from the shipment of iron ore and the Company recognizes revenue from the provision of&#13;this service upon delivery of the goods to the destination specified by customers.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Logistics:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rail&#13;logistics services. The Company&amp;#8217;s rail logistics services are provided by its subsidiary Ferrovia Transnordestina Log&amp;#237;stica&#13;S.A. (&amp;#8220;FTL&amp;#8221;). The Company recognizes revenues from rail logistics services when the performance obligation, which&#13;is the contracted service, is completed, which occurs upon delivery of the goods to the destination specified by customers.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Port&#13;logistics services. The Company&amp;#8217;s port logistics services, which comprise handling of containers and storage, are provided&#13;by its subsidiary Sepetiba Tecon S.A. (&amp;#8220;TECON&amp;#8221;). The Company recognizes revenues from port logistics services when&#13;the performance obligation is completed. In the case of handling of containers, the performance obligation comprises the pool&#13;of services contracted. In the case of storage services, each month of storage represents a performance obligation and, consequently,&#13;the Company recognizes revenue on a monthly basis.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Energy:&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company recognizes revenues from sales of energy that it has not used in its operations. This excess energy is made available&#13;through the public network and the Chamber of Electric Energy Commercialization (C&amp;#226;mara de Comercializa&amp;#231;&amp;#227;o de Energia&#13;El&amp;#233;trica), which is the governmental agency responsible for managing the network, redirects the energy to the electric system&#13;and, on a monthly basis, informs the Company of the amount of energy that was redirected to the electric system. Accordingly,&#13;the Company issues its invoice to this governmental agency and simultaneously recognizes the revenue from the sale of energy.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company&amp;#8217;s only variable consideration arises when iron ore is provisionally priced and there is a difference with the final&#13;price, which depends on future index prices. In this case, the Company initially recognizes revenue based on the applicable forward&#13;market price and then accounts for any eventual adjustment based on the final price. The period between provisional pricing and&#13;final invoicing is typically between 60 and 120 days.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Where&#13;the Company has contracts with unfulfilled performance obligations at the end of a fiscal period, it discloses the transaction&#13;price allocated to these performance obligations. The Company does not disclose this information for contracts with an expected&#13;duration of one year or less.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company presents revenues on a consolidated basis in its income statement and by segment in the explanatory note 29 - Segment&#13;Information.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;c)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Payment terms.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Generally,&#13;all sales of goods and provisions of services are payable within 30 days of the invoice date.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfRevenueExplanatory>
    <ifrs-full:DisclosureOfExpensesByNatureExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;26.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;EXPENSES BY NATURE&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 49%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Consolidated&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Raw&#13;    materials and inputs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(6,928,517)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(7,287,933)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(6,759,275)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Labor&#13;    cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(3,187,428)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,807,280)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,743,460)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Supplies&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,150,452)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,981,547)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,782,576)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Maintenance&#13;    cost (services and materials)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,340,255)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,340,135)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,326,894)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Outsourcing&#13;    services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,217,657)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,392,626)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,368,387)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Freight&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(216,506)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(334,509)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(109,756)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Distribution&#13;    freight&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,421,079)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,787,979)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,692,785)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Depreciation,&#13;    amortization and depletion&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,421,458)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,421,704)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,175,107)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,750,424)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(763,421)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(905,128)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(21,633,776)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(20,117,134)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(18,863,368)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Classified&#13;    as:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&#13;    of sales&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(19,124,901)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(17,263,264)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(16,105,657)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Selling&#13;    expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,004,417)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,342,805)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,263,688)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;General&#13;    and administrative expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(504,458)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(511,065)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(494,023)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(21,633,776)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(20,117,134)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(18,863,368)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;depreciation, amortization and depletion additions for the period were distributed as follows.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 44%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 18%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 18%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Production costs &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,374,046)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,385,306)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,145,793&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Selling expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(13,978)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(11,539)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;5,850&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;General and administrative expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(33,434)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(24,859)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23,464&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,421,458)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(1,421,704)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,175,107&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other operational &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(95,270)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(97,627)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;97,914&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,516,728)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(1,519,331)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,273,021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&#13;The Company&amp;#8217;s iron ore extraction in 2020 started using dry waste filtering and stacking in 100% of its production process.&#13;As a normal consequence of the operation, the use of dams has become obsolete, and consequently, the assets of dams reached the&#13;end of their useful lives on December 31, 2020. As a result of the technical and functional obsolescence of the dams, the book&#13;balance of these assets in their entirety, (R$515,491), was fully depreciated in 2020 and appropriated to the cost of production.&#13;The cost of production includes PIS and COFINS credits on lease agreements on December 31, 2020, in the amount of R$5,335.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&#13;They mainly refer to the depreciation of investment properties, paralyzed equipment and amortization of the SWT Client Portfolio,&#13;see note 27.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfExpensesByNatureExplanatory>
    <ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;27.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;OTHER OPERATING&#13;    INCOME AND EXPENSES&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 58%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Consolidated&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other operating&#13;    income&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Receivables&#13;    by indemnity &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;245,945&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;56,180&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;46,256&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rentals&#13;    and leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;9,096&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;9,462&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;5,430&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends&#13;    received&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,197&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;32,747&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;9,188&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;PIS,&#13;    COFINS and INSS to compensate &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;120,452&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;123,677&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,102,365&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Contractual&#13;    fines&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,783&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,486&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,965&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial&#13;    pension plan&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;55,695&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;47,151&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20,983&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Updated&#13;    shares &amp;#8211; Fair Value through profit or loss (VJR)&amp;#160;&amp;#160;(Note 14II)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,579&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,655,813&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Contractual&#13;    agreement &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(5)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;131,817&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    revenues&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;32,747&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;98,250&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;27,749&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;482,494&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;503,770&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;4,036,043&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;-&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;-&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;-&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Other operating&#13;    expenses&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Taxes&#13;    and fees&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(46,338)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(95,873)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(26,197)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Expenses&#13;    with environmental liabilities, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,151&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(82,669)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(60,311)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Write-off/(Provision)&#13;    of judicial lawsuits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(130,869)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(19,685)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(113,549)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Contractual&#13;    fines&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(106,926)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(104,086)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Depreciation&#13;    of equipment paralyzed and amortization of intangible assets (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(95,270)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(97,627)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(97,914)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Write-&#13;    off of PP&amp;#38;E and intangible assets (note 10, 11 and 12)&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(13,130)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(114,603)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(27,260)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estimated&#13;    (Loss)/reversal in inventories&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(179,012)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(136,827)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(149,704)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Idleness&#13;    in stocks and paralyzed equipment &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(3)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(303,975)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(546,968)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Studies&#13;    and project engineering expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(27,137)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(26,171)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(33,738)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Research&#13;    and development expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(620)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,741)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,688)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Healthcare&#13;    plan expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(117,193)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(119,560)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(108,369)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;    flow hedge realized (Note 14 b)&lt;font style="font-weight: 400"&gt;&lt;sup&gt;(4)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,951,035)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(790,353)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(370,191)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Updated&#13;    shares &amp;#8211; Fair value through profit or loss (Note 14II)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(118,780)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(421,628)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(149,068)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(218,701)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(3,270,056)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,406,851)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(1,330,706)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Other&#13;    operating income (expenses), net&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,787,562)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(1,903,081)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,705,337&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In June 2020, the&#13;    Company received R$84,435 of indemnity after a court decision, of which R$58,785 for rent arrears arising from one of its&#13;    investment properties and R$25,650 relating to an action for the collection of insurance for material damage caused by contractor&#13;    in the construction of the long steel plant. Additionally, in June, the principal amount was recognized in the amount of R$147,612&#13;    of receivables for indemnity (see note 9).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In 2020, consist&#13;    of the recovery of INSS credit on benefits granted to employees that should not be considered in the contribution calculation&#13;    basis. In 2019, this is the exclusion of ICMS from the PIS and COFINS calculation basis.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Refers to the idle&#13;    capacity arisen from production volumes lower than normal it was generated from the refurbishment of the blast furnace No.3&#13;    and in the iron ore mining operation due to delays in the release of environmental licenses, which postponed the start of&#13;    new ore mining fronts, as well as new dry tailing processes still in ramp-up stage.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As of December 31,&#13;    2020, foreign exchange cash flow hedge was realized and reclassified from Other Comprehensive Income to Other Operating Expenses&#13;    (R$1,667,886), as well as cash flow hedge of PLATTS index (R$283,149), totaling R$1,951,035 of hedge realization in the year.&#13;    See note 14.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Referring to the&#13;    contractual agreement signed for the supply of new equipment.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfOtherOperatingIncomeExpenseExplanatory>
    <ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;28.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;FINANCIAL INCOME&#13;    (EXPENSES)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 58%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial income&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Related parties (note 22 b)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;51,124&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;79,228&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;64,888&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income&#13;    from financial investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;58,061&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;93,471&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;111,235&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Updated&#13;    shares &amp;#8211; Fair value through profit or loss (Note 14 II) &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,190,489&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other income (2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;503,054&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;206,343&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,134,391&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,802,728&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;379,042&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,310,514&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial expenses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&#13;    and financing - foreign currency (note 13 b)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,600,973)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,128,520)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(988,821)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&#13;    and financing - local currency (note 13 b)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(401,079)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(867,785)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,020,867)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Related&#13;    parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(13,608)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(14,939)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(16,092)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lease&#13;    liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(50,804)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(49,118)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Capitalised&#13;    interest (notes 11 and 33)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;92,506&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;117,189&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;71,611&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest&#13;    and fines&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(290,673)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(158,794)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(71,100)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(-)&#13;    Adjustment present value of trade payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(139,566)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Commission,&#13;    bank fees, Guarantee and bank fees&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(162,085)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(217,784)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(182,179)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;PIS/COFINS&#13;    over financial income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(39,149)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(25,176)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(84,404)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other financial expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(270,764)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(217,864)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19,614&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,876,195)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,562,791)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,272,238)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Others&#13;    financial items, net&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange and monetary variation, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;392,971&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;47,579&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(533,918)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gains and (losses) on exchange derivatives (*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(115,815)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,986&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;277,156&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;52,565&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(533,919)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,599,039)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,510,226)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial income&#13;    (expenses), net&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(796,311)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,131,184)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(1,495,643)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td colspan="3" style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(*)&#13;    Statement of gains and (losses) on derivative transactions (note 14)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange rate&#13;    swap Dollar x Euro&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,070)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;783&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange rate&#13;    swap GBP x Euro&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(602)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange rate&#13;    swap CDI x Dollar&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(106,143)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,203&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(115,815)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;4,986&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(1)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;It refers to the&#13;    appreciation of Usiminas&amp;#8217; shares in the amount of R$1,190,489 as of December31, 2020. As of December 31, 2019, Usiminas&amp;#8217;&#13;    shares were reclassified to financial investments and their pricing fluctuation started to be recognized in the financial&#13;    result.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;It mainly refers&#13;    to the recognition of the exclusion of ICMS in the PIS and COFINS calculation base in the amount of R$81,758 on December 31,&#13;    2020 (R$160,609 on December 31, 2019) in the Consolidated, and updating in the amount of R$369,571 of receivables for indemnity&#13;    (see note 9).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfFinanceIncomeExpenseExplanatory>
    <ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;29.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;SEGMENT INFORMATION&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;According&#13;to the Company&amp;#8217;s structure, the businesses are distributed and managed in five operating segments as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&amp;#149;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Steel&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Steel Segment consolidates all the operations related to the production, distribution and sale of flat steel, long steel, metallic&#13;containers and galvanized steel, with operations in Brazil, United States, Portugal and Germany. The Segment supplies the following&#13;markets: construction, steel containers for the Brazilian chemical and food industries, home appliances, automobile and OEM (motors&#13;and compressors). The Company&amp;#8217;s steel units produce hot and cold rolled steel, galvanized and pre-painted steel of great&#13;durability. They also produce tinplate, a raw material used to produce metallic containers.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Overseas,&#13;Lusosider, which is based in Portugal, produces cold rolled steel and galvanized steel. CSN LLC in the U.S.A. meets local market&#13;needs, import and export of steel products. In January 2012, CSN acquired Stahlwerk Th&amp;#252;ringen (SWT), a manufacturer of long&#13;steel located in Unterwellenborn, Germany. SWT is specialized in the production of shapes used for construction.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;January 2014 the production of long steel products started in Brazil and consolidates the company as a source of complete construction&#13;solutions, complementing its portfolio of products with high value added in the steel chain.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&amp;#149;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Mining&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;This&#13;segment encompasses the activities of iron ore and tin mining.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;high-quality iron ore operations are located in the Iron Quadrilateral in Minas Gerais, which has its own mines and sells third&#13;party iron ore.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;At&#13;the end of 2015, CSN and the Asian Consortium formalized a shareholders' agreement for the combination of assets linked to iron&#13;ore operations and the related logistics structure, forming a new company that has focused in mining of the Group activities from&#13;December 2015. In this context, the new company, currently named CSN Minera&amp;#231;&amp;#227;o S.A., holds the TECAR arraignment, the&#13;Casa de Pedra mine and all the shares of Namisa, which was incorporated on December 31, 2015. CSN still owns 100% of Min&amp;#233;rios&#13;Nacional which includes the mines of Fernandinho (operational), Cayman and Pedras Pretas (mineral resources), all located in Minas&#13;Gerais.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Moreover,&#13;CSN controls the Estanho de Rond&amp;#244;nia S.A., a company with mining units and tin casting, in the state of Rond&amp;#244;nia.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Logistics&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;i.&#13;Railway&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN&#13;has equity interests in three railroad companies: MRS Log&amp;#237;stica, which manages the former Southeast Network of Rede Ferrovi&amp;#225;ria&#13;Federal S.A. (RFFSA), Transnordestina Log&amp;#237;stica S.A. and FTL - Ferrovia Transnordestina Log&amp;#237;stica S.A., which has the&#13;concession to operate the former Northeast Network of the RFFSA in the states of Maranh&amp;#227;o, Piau&amp;#237;, Cear&amp;#225;, Rio Grande&#13;do Norte, Para&amp;#237;ba, Pernambuco and Alagoas.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;a)&#13;MRS&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;railroad transportation services provided by MRS are fundamental to the supply of raw materials and the shipment of final products.&#13;The total amount of iron ore, coal and coke consumed by the Presidente Vargas Mill as well as part of the steel produced by CSN&#13;for the domestic market and for export are carried by MRS.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Southeast Brazilian railroad system, encompassing 1,674 kilometers of tracks, serves the tri-state industrial area of S&amp;#227;o&#13;Paulo-Rio de Janeiro-Minas Gerais, in the southeast region, linking the mines located in Minas Gerais to the ports located in&#13;S&amp;#227;o Paulo and Rio de Janeiro, and the steel mills of CSN, Companhia Sider&amp;#250;rgica Paulista, or Cosipa, and Gerdau A&amp;#231;ominas.&#13;Besides serving other customers, the railroad system carries iron ore from the Company&amp;#8217;s mines in Casa de Pedra, Minas Gerais,&#13;and coke and coal from the Itagua&amp;#237; Port, in Rio de Janeiro, to Volta Redonda, and carries CSN&amp;#8217;s export products to&#13;the ports of Itagua&amp;#237; and Rio de Janeiro.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;b)&#13;TLSA and FTL&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;TLSA&#13;and FTL hold the concession for the former Malha Nordeste by RFFSA. The northeastern railway system covers 4,238 km of railway&#13;network divided into two sections: i) Mesh I, which integrates the sections of S&amp;#227;o Luiz - Mucuripe, Arrojado - Recife, Itabaiana&#13;- Cabedelo, Paula Cavalcante - Macau - and Propri&amp;#225; - Jorge Lins (Mesh I); and ii) Malha II, which includes the sections of&#13;Miss&amp;#227;o Velha - Salgueiro, Salgueiro - Trindade, Trindade - Eliseu Martins, Salgueiro - Porto de Suape and Miss&amp;#227;o Velha&#13;- Porto de Pec&amp;#233;m.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;addition, it connects to the main ports in the region, thereby offering an important competitive advantage through opportunities&#13;for combined transport solutions and tailor-made logistics projects.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;ii.&#13;Port&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;port logistics segment consolidates the terminal&amp;#8217;s operation from Sepetiba built after the port modernization law (Law 8.630&#13;/ 1993) that allowed the transfer of port activities to the private sector. The Sepetiba terminal has a complete infrastructure&#13;to meet all the needs of exporters, importers and shipowners. Its installed capacity exceeds that of most Brazilian terminals.&#13;It has cribs and a large storage area, as well as the most modern and adequate equipment, systems and intermodal connections.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company&amp;#8217;s constant investment in terminal projects consolidates the Itagua&amp;#237; Port Complex as one of the most modern&#13;in the country.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Energy&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN&#13;is one of the largest industrial consumers of electric energy in Brazil. As energy is fundamental in its production process, the&#13;Company invests in electricity generation assets to guarantee its self-sufficiency. These assets are: It&amp;#225; Hydroelectric Plant,&#13;located in the State of Santa Catarina, with a capacity of 1,450 MW, in which CSN participates with 29.5%; Igarapava Hydroelectric&#13;Plant, located in Minas Gerais, with a capacity of 210 MW, in which CSN holds 17.9% of the capital; and 238 MW thermoelectric&#13;cogeneration plant, in operation at the Presidente Vargas Steelworks since 1999, which uses waste gas from the steel production&#13;itself as fuel.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cement&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Cement segment consolidates the production, sale and distribution of cement using slag that is produced by the blast furnaces&#13;of the Presidente Vargas Steelworks, in Volta Redonda / RJ.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/120% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;clinker production is located in Arcos / MG, using limestone from its own mine and also two cement mills in addition to the mills&#13;that already operate in Volta Redonda / RJ.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/120% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;information presented to Management regarding the performance of each segment is generally derived directly from accounting records&#13;combined with some intercompany allocations.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sales by geographic&#13;    area&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sales&#13;by geographic area are determined based on the customers&amp;#8217; location. On a consolidated basis, domestic sales are represented&#13;by revenues from customers located in Brazil and export sales are represented by revenues from customers located abroad.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Results by segment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;For&#13;the purpose of preparing and presenting the information by business segment, Management decided to maintain the proportional consolidation&#13;of the joint ventures as historically presented. For purposes of reconciliation of the consolidated result, the amounts recorded&#13;by these companies are not included in the "Corporate expenses/elimination" column.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 28%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;P&amp;#38;L&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Steel&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Mining&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Logistics&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Energy&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cement&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Corporate&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;expenses/&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;elimination&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Port&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Railroads&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net revenue (note 25)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;16,602,895&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;12,683,231&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;256,371&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,489,647&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;172,859&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;858,192&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,999,175)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;30,064,020&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost of sales and services (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(14,170,692)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(5,531,763)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(187,860)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,094,130)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(128,227)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(647,132)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,634,903&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(19,124,901)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,432,203&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7,151,468&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;68,511&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;395,517&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;44,632&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;211,060&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;635,728&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;10,939,119&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;General and administrative expenses (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(922,862)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(179,806)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(21,949)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(114,970)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(30,243)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(88,232)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,150,813)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(2,508,875)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other operating (income) expenses, net (note&#13;    27)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(392,061)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(665,881)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(5,420)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;52,569&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,967)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(44,893)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,728,909)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(2,787,562)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Equity in results of affiliated companies (note&#13;    10)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;71,755&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;71,755&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Operating result&#13;    before Financial Income and Taxes&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,117,280&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;6,305,781&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;41,142&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;333,116&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11,422&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;77,935&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,172,239)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,714,437&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sales&#13;    by geographic area&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Asia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,461,791&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,144,614&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,606,405&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;North America&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;922,299&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;922,299&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Latin America&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;327,900&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;995&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;328,895&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Europe&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,627,011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,688,851&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,315,862&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,346&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,346&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Foreign market&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,881,556&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;11,150,642&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;995&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,144,614&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;17,177,807&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Domestic market&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;11,721,339&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,532,589&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;256,371&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,489,647&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;172,859&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;857,197&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(3,143,789)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;12,886,213&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;16,602,895&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;12,683,231&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;256,371&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,489,647&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;172,859&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;858,192&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(1,999,175)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;30,064,020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;P&amp;#38;L&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Steel&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Mining&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Logistics&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Energy&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cement&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Corporate&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;expenses/&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;elimination&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Port&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Railroads&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net revenue (note 25)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;13,949,032&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;10,027,649&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;240,451&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,321,355&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;325,343&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;570,805&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(998,218)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;25,436,417&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost of sales and services (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(12,962,861)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(4,396,247)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(173,344)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,030,210)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(266,754)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(607,719)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,173,871&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(17,263,264)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;986,171&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,631,402&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;67,107&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;291,145&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;58,589&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(36,914)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,175,653&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;8,173,153&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;General and administrative expenses (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(834,977)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(186,189)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(34,560)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(109,770)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(29,034)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(91,466)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,567,874)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(2,853,870)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other operating (income) expenses, net (note&#13;    27)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,055,190)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(218,009)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(3,860)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;147,155&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,486)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(40,630)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(731,061)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,903,081)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Equity in results of affiliated companies (note&#13;    10)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;125,715&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;125,715&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td colspan="2" style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Operating&#13;    result before Financial Income and Taxes&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(903,996)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,227,204&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;28,687&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;328,530&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;28,069&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(169,010)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(997,567)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,541,917&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sales&#13;    by geographic area&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Asia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,980&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,742,946&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,463,870&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,209,796&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;North America&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;767,977&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;767,977&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Latin America&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;169,036&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;169,036&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Europe&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,978,994&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,357,867&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,336,861&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,046&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,046&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Foreign market&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,921,033&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,100,813&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,463,870&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;14,485,716&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Domestic market&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;10,027,999&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;926,836&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;240,451&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,321,355&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;325,343&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;570,805&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,462,088)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;10,950,701&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;13,949,032&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;10,027,649&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;240,451&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,321,355&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;325,343&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;570,805&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(998,218)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;25,436,417&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 28%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;P&amp;#38;L&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Steel&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Mining&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Logistics&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Energy&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cement&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Corporate&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;expenses/&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;elimination&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Port&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Railroads&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net revenue (note 25)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;15,634,143&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,984,781&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;266,378&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,506,114&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;410,606&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;588,230&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,421,366)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;22,968,887&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost of sales and services (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(12,613,216)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(3,585,691)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(189,999)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,049,071)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(286,734)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(544,266)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,163,321&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(16,105,656)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,020,927&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,399,091&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;76,378&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;457,043&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;123,872&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;43,965&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;741,956&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;6,863,231&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;General and administrative expenses (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(984,980)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(144,754)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(35,423)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(106,412)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(27,948)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(95,893)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,362,302)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(2,757,711)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other operating (income) expenses, net (note&#13;    27)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,993,790&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(222,957)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,469)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(34,911)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(387)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;299&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;971,970&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,705,335&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Equity in results of affiliated companies (note&#13;    10)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;135,706&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;135,706&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td colspan="2" style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Operating&#13;    result before Financial Income and Taxes&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,029,736&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,031,379&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;38,486&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;315,721&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;95,537&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(51,628)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;487,330&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;6,946,561&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sales&#13;    by geographic area&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Asia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;40,681&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,422,377&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,297,258&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,760,316&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;North America&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,506,041&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,506,041&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Latin America&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;369,830&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;369,830&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Europe&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,330,991&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;590,043&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,921,034&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;58,229&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;58,229&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Foreign market&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,305,771&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,012,420&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,297,258&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;11,615,450&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Domestic market&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;10,328,372&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;972,360&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;266,378&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,506,114&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;410,606&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;588,230&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,718,623)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;11,353,437&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;15,634,143&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,984,781&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;266,378&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,506,114&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;410,606&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;588,230&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(1,421,366)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;22,968,887&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;An&#13;operating segment is a component of the Company committed to business activities, from which it can earn revenue and incur expenses,&#13;including income and expenses related to transactions with any other components of the Company. All operating results of operating&#13;segments are regularly reviewed by CSN&amp;#8217;s Executive Board to make decisions about the resources to be allocated to the segment&#13;and to evaluate its performance, and for which different financial information is available.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfEntitysReportableSegmentsExplanatory>
    <ifrs-full:DisclosureOfEmployeeBenefitsExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;30.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;EMPLOYEE BENEFITS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;pension plans granted cover substantially all employees. The plans are managed by Caixa Beneficente dos Empregados de CSN (&amp;#8220;CBS&amp;#8221;),&#13;a private, non-profit pension fund established in July 1960, which has as members (and former employees) who have joined the fund.&#13;through a membership agreement, in addition to CBS employees themselves. The CBS Executive Board is made up of a president and&#13;two directors, all appointed by CSN, the main sponsor of CBS. The Deliberative Council is the decision-making and superior guidance&#13;body of CBS, composed of the president and ten members, six of them chosen by CSN and four of them elected by the participants.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Until&#13;December 1995, CBS Previd&amp;#234;ncia managed two defined benefit plans based on years of service, salary and social security benefits.&#13;On December 27, 1995, the then Supplementary Pension Secretariat (&amp;#8220;SPC&amp;#8221;) approved the implementation of a new benefit&#13;plan, effective as of that date, called the Supplementary Benefit Mixed Plan (&amp;#8220;Mixed Plan&amp;#8221;), structured under the&#13;form of a variable contribution plan, which has been closed to new members since September 2013. As of that date, all new employees&#13;must join the CBSPrev Plan, structured in the form of defined contribution, also created in September 2013.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;CBS guarantee funds are mainly invested in repo operations (backed by federal government bonds), federal government bonds indexed&#13;to inflation, stocks, loans and real estate. As of December 31, 2020, CBS held 4,450,652 CSN common shares (1,870,652 as of December&#13;31, 2019). The entity&amp;#8217;s total guarantee resources totaled R$5.7 billion on December 31, 2020 (R$5.5 billion on December&#13;31, 2019). CBS fund managers seek to combine plan assets with long-term benefit obligations to be paid. Pension funds in Brazil&#13;are subject to certain restrictions related to their ability to invest in foreign assets and, consequently, the funds invest primarily&#13;in securities in Brazil.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Guarantee&#13;Funds are considered to be the available and investment assets of the Benefit Plans, not including the amounts of debts contracted&#13;with sponsors.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;For&#13;defined benefit plans, called &amp;#8220;35% of Average Salary&amp;#8221; and &amp;#8220;Supplementary Average Salary Plan&amp;#8221;, the Company&#13;maintains a financial guarantee with CBS Previd&amp;#234;ncia, the entity that manages the aforementioned plans, in order to maintain&#13;the financial balance and actuarial, should any future actuarial loss or actuarial gain occur.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;compliance with current legislation, specific to the pension fund market, for the last 4 years ended (2017, 2018, 2019 and 2020),&#13;there was no need to pay installments by CSN, since the benefit plans defined actuarial gains in the year.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;30.a)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Description of&#13;    pension plans&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Plan&#13;of 35% of the average salary&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;This&#13;plan started on February 1, 1966 and is a defined benefit plan, the purpose of which is to pay retirement benefits (length of&#13;service, special, disability or old age) for life, equivalent to 35% of the adjusted average of the last 12 salaries of the participant.&#13;The plan also guarantees the payment of sickness benefit to the participant licensed by the Official Social Security and also&#13;guarantees the payment of savings, death and monetary assistance. This plan was deactivated on October 31, 1977, when the plan&#13;to supplement the average salary came into effect.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Average&#13;salary supplementation plan&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;This&#13;plan started on November 1, 1977 and is a defined benefit plan. Its objective is to complement the difference between the corrected&#13;average of the last 12 wages of the participant and the benefit of the Official Social Security for retirements, also for life.&#13;As with the 35% plan, there is coverage for sickness benefit, death benefit and pension benefits. This plan was deactivated on&#13;December 26, 1995, with the creation of the mixed supplementary benefit plan.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;Mixed&#13;supplementary benefit plan&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Started&#13;on December 27, 1995, it is a variable contribution plan. In addition to the programmed retirement benefit, payment of risk benefits&#13;(active pension, disability and sickness / accident benefits) is also provided. In this plan, the retirement benefit is calculated&#13;based on what was accumulated by the monthly contributions of the participants and the sponsors, as well as the option of each&#13;participant in the form of receiving the same, which can be for life (with or without continuity of pension for death) or by a&#13;percentage applied to the balance of the benefit-generating fund (loss for an indefinite period). After retirement, the plan will&#13;have the characteristic of a defined benefit plan, if the participant has opted to receive his benefit in the form of lifetime&#13;monthly income. This plan was deactivated on September 16, 2013, when the CBSPrev plan came into effect.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;CBS&#13;Prev Plan&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;September 16, 2013, the new CBSPrev pension plan began, which is a defined contribution plan. In this plan, the retirement benefit&#13;is determined based on what has been accumulated by the monthly contributions of participants and sponsors. The option of each&#13;participant to receive it can be: (a) receive a part in cash (up to 25%) and the remaining balance, through monthly income for&#13;a percentage applied to the benefit generating fund, not being applicable to death pension benefits, (b) receive only monthly&#13;income for a percentage applied to the benefit generating fund.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;With&#13;the creation of the CBSPrev plan, the Mixed Supplementary Benefit Plan was deactivated for the entry of new participants as of&#13;September 16, 2013.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;CBSPREV&#13;Namisa Plan&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;It&#13;is a Defined Contribution plan with risk benefits during the activity (projection of the balances in case of disability or death&#13;and sickness / accident benefits). It has been in operation since January 6, 2012, when it was created to serve exclusively the&#13;employees of Nacional Min&amp;#233;rios S / A. After the corporate reorganization, which took place in 2016, other Sponsors joined&#13;this Plan, among them, CSN Minera&amp;#231;&amp;#227;o SA&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;this plan, all benefits offered are calculated based on what has been accumulated by the monthly contributions of participants&#13;and sponsors and are paid through a percentage applied to the balance of the benefit generating fund. The CBSPREV Namisa Plan&#13;has been closed to the entry of new participants since July 2017 and in 2020 the plan&amp;#8217;s extinction process was finalized&#13;due to the total withdrawal of sponsorship.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;30.b)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investment policy&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;investment policy establishes the principles and guidelines that should govern the investment of resources entrusted to the entity,&#13;with the objective of promoting the security, liquidity and profitability necessary to ensure the balance between the plan&amp;#8217;s&#13;assets and liabilities, based on the ALM study (&lt;i&gt;Asset Liability Management&lt;/i&gt;), which takes into account the benefits of the&#13;participants and beneficiaries of each plan.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;investment plan is reviewed annually and approved by the Deliberative Council, considering a 5-year horizon, as established by&#13;CGPC resolution no. 7, of December 4, 2003. The investment limits and criteria established in the policy are based on Resolution&#13;4,661 / 18, published by the National Monetary Council (&amp;#8220;CMN&amp;#8221;).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;30.c)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Employee benefits&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;actuarial calculations are updated, at the end of each year, by external actuaries and presented in the financial statements in&#13;accordance with IAS 19 - &lt;i&gt;Employee Benefits&lt;/i&gt;.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 57%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Actuarial&#13;    asset&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Actuarial&#13;    liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Benefits of pension&#13;    plans&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(13,819)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(13,714)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;79,546&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;19,788&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Post-employment&#13;    healthcare benefits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;678,880&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;892,396&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(13,819)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(13,714)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;758,426&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;912,184&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;reconciliation of assets and liabilities of employee benefits is presented below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 65%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Present value of defined benefit obligation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,645,822&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,581,460&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,087,433&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fair value of&#13;    plan assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,766,194)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(3,894,488)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(3,403,906)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Deficit(Surplus)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(120,372)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(313,028)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(316,473)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Restriction to actuarial assets due to recovery&#13;    limitation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;186,099&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;319,102&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;224,561&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Liabilities (Assets),&#13;    net&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;65,727&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;6,074&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(91,912)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;79,546&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;19,788&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;7,982&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(13,819)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(13,714)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(99,894)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net (assets) recognized&#13;    in the balance sheet&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;65,727&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;6,074&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(91,912)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;change in the present value of the defined benefit obligation is shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 63%; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Present value of&#13;    obligations at the beginning of the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,581,460&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,087,433&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,077,849&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost of service&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;968&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,093&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,169&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;236,551&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;283,487&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;304,132&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Participant contributions&#13;    made in the period&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,998&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,126&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Benefits paid&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(278,960)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(269,995)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(280,493)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial loss/(gain)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;103,805&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;477,316&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(15,224)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Present value of&#13;    obligations at the end of the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,645,822&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,581,460&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,087,433&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td colspan="6" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;    change in the fair value of the plan&amp;#8217;s assets is shown below:&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair value of plan&#13;    assets at the beginning of the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(3,894,488)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(3,403,906)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(3,305,356)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(257,946)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(314,102)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(327,830)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Benefits Paid&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;278,960&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;269,995&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;280,493&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Participant contributions&#13;    made in the period&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,998)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,127)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Return on plan&#13;    assets (less interest income)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;109,279&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(444,348)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(51,213)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair value of plan&#13;    assets at the end of the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(3,766,193)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(3,894,488)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(3,403,906)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td colspan="6" style="text-align: justify; line-height: 115%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;    composition of the amounts recognized in the income statement is shown below:&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost of current&#13;    service&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;968&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,093&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,169&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;236,551&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;283,487&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;304,132&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Expected return&#13;    on plan assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(257,946)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(314,102)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(327,830)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest on the&#13;    asset ceiling effect&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;21,737&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;21,502&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;16,340&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total costs / (income),&#13;    net&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,310&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(8,020)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(6,189)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td colspan="6" style="text-align: justify; line-height: 115%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;    (cost) / revenue is recognized in the income statement under other operating expenses.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td colspan="6"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td colspan="6" style="text-align: justify; line-height: 115%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;    movement of actuarial gains and losses is shown below:&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial losses and (gains)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;103,805&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;477,316&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(15,224)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Return on plan&#13;    assets (less interest income)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;109,279&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(444,348)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(51,213)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Change in the&#13;    asset&amp;#8217;s limit (excluding interest income)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(154,741)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;73,039&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;50,058&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total cost of actuarial&#13;    losses and (gains)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;58,343&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;106,007&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(16,379)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td colspan="6" style="text-align: justify; line-height: 115%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;    breakdown of actuarial gains and losses is shown below:&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loss due to change&#13;    in demographic assumptions&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;67,930&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(139,813)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loss due to change&#13;    in financial assumptions&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(30,454)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;472,715&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;46,917&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loss due to experience&#13;    adjustments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;66,329&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,601&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;77,672&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Return on plan&#13;    assets (less interest income)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;109,279&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(444,348)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(51,213)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Change in the&#13;    asset&amp;#8217;s limit (excluding interest income)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(154,741)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;73,039&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;50,058&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial losses and (gains)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;58,343&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;106,007&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(16,379)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;main actuarial assumptions used were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 28%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 37%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 34%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial financing&#13;    method&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Projected&#13;    unit credit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Projected&#13;    unit credit&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Functional currency&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Real&#13;    (R$)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Real&#13;    (R$)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Recognition of&#13;    plan assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fair&#13;    value&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fair&#13;    value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Nominal&#13;    discount rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Millennium&#13;    Plan: 6,95%&lt;br /&gt;Plan 35%: 6,24%&lt;br /&gt;Supplementation : 6,44%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Millennium&#13;    Plan: 6,98%&lt;br /&gt;Plan 35%: 6,75%&lt;br /&gt;Supplementation: 6,81%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Inflation rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.32%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.61%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Nominal salary&#13;    increase rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.35%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.65%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Nominal benefit&#13;    increase rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.32%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.61%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rate&#13;    of return on investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Millennium&#13;    Plan: 6,95%&lt;br /&gt;Plan 35%: 6,24%&lt;br /&gt;Supplementation : 6,44%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Millennium&#13;    Plan: 6,98%&lt;br /&gt;Plan 35%: 6,75%&lt;br /&gt;Supplementation: 6,81%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;General mortality&#13;    table&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Millennium&#13;    Plan: AT-2012 segregated by gender&lt;br /&gt;Plan 35%: AT-2000 Male aggravated by 15%&lt;br /&gt;Supplementation: AT-2000 aggravated&#13;    by 10% segregated by gender&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Millennium&#13;    Plan: AT-2000 smoothed down by 10% segregated by gender&lt;br /&gt;Plan 35%: AT-2000 Male aggravated by 15%&lt;br /&gt;Supplementation:&#13;    AT-2000 aggravated by 10% segregated by gender&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Disability table&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;35%&#13;    Plan Light Medium. &lt;br /&gt;Millenium Plan: Prudential (-10%)&amp;#160;Supplementation: not applicable&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;35%&#13;    Plan and Supplementation: Light Medium. Millenium Plan:&lt;br /&gt;Prudential (Ferr. Retirement)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Disability mortality&#13;    table&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Millenium&#13;    Plan: AT-71&lt;br /&gt;35% Plan : MI-2006 -10% M&amp;#38;F&amp;#160;Supplementation: Winklevoss -10%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Winklevoss&#13;    - 1%&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Turnover table&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Millenium&#13;    plan 5% per annum, zero for plans 35% and Supplementation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Millenium&#13;    plan 5% per annum, zero for plans 35% and Supplementation&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Retirement age&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;100%&#13;    on the first date he/she becomes eligible for programmed retirement benefit under the plan&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;100%&#13;    on the first date he/she becomes eligible for programmed retirement benefit under the plan&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Household of&#13;    active participants&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;95%&#13;    will be married at the time of retirement, with the wife being 4 years younger than the husband&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;95%&#13;    will be married at the time of retirement, with the wife being 4 years younger than the husband&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;assumptions regarding the mortality table are based on published statistics and mortality tables. These tables translate into&#13;an average life expectancy in years for employees aged 65 and 40:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Plan&#13;    covering 35% of the average salary&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Average&#13;    salary supplementation plan&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-top: black 1pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Mixed&#13;    supplementary benefit plan (Mil&amp;#234;nio Plan)&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 47%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Longevity&#13;    at age of 65 for current participants&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Male&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18.38&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;18.38&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;18.75&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18.75&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;21.47&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20.45&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Female&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18.38&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;18.38&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;21.41&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;21.41&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23.34&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23.02&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Longevity at age&#13;    of 40 for current participants&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Male&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;40.15&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;40.15&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;40.60&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;40.60&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;44.07&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;42.70&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Female&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;40.15&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;40.15&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;44.41&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;44.41&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;46.68&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;46.28&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Allocation&#13;of plan assets:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 32%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Variable income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;54,285&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.44%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;25,236&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.65%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;141,705&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.16%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fixed income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,438,735&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;91.31%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,607,398&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;92.63%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,050,099&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;89.61%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Real estate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;182,145&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.84%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;183,098&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.70%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;52,091&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.53%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;91,028&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.42%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;78,756&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.02%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;160,011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.70%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,766,193&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,894,488&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,403,906&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;assets invested in variable income are mainly invested in CSN shares.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fixed&#13;income assets are mainly composed of debentures, Interbank Deposit Certificates (&amp;#8220;CDI&amp;#8221;) and National Treasury Notes&#13;(&amp;#8220;NTN-B&amp;#8221;).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Real&#13;estate refers to buildings valued by a specialized asset appraisal company. There are no assets in use by CSN and its subsidiaries.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;For&#13;the pension plan, the expense in 2020 was R$41,050 (R$40,644 on December 31, 2019).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;30.d)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Expected contributions&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;There&#13;are no expected contributions that will be paid to the defined benefit plans 35% and Supplementation in 2021.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;For&#13;the mixed supplementary benefit plan, the expected contributions in the amount of R$21,563 will be paid in 2021 for the defined&#13;contribution portion and R$1,322 for the defined benefit portion (risk benefits).&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;30.e)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity analysis&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;quantitative sensitivity analysis in relation to significant assumptions, for pension plans on December 31, 2020 is shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 49%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Plan&#13;    covering 35% of the average salary&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Average&#13;    salary supplementation plan&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Mixed&#13;    supplementary benefit plan (Mil&amp;#234;nio Plan)&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assumption: Discount&#13;    rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity level&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on current service cost and on interest on actuarial obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,005)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,084&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(5,507)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;5,954&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,758)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;5,309&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on present value of obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17,381&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(16,114)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;92,456&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(85,515)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;76,188&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(68,287)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assumption: Salary&#13;    growth&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity level&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on current service cost and on interest on actuarial obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;191&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(181)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on present value of obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,079&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,030)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assumption: Mortality&#13;    table&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity level&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on current service cost and on interest on actuarial obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;120&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(120)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;623&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(623)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;430&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(430)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on present value of obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,928&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,928)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;9,669&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,669)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;5,975&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(5,975)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assumption: Benefit&#13;    adjustment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity level&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;+1 year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;- 1 year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;+1 year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;- 1 year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;+1 year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;- 1 year&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on current service cost and on interest on actuarial obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;850&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(839)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,382&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,362)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,562&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,541)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on present value of obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13,626&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(13,455)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;68,039&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(67,726)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;22,603&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(22,306)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Following&#13;are the expected benefits for future years for defined benefit plans:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 53%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Forecast&#13;    payments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 23%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 23%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;281,314&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;272,801&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;266,342&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 4&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;259,595&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;252,578&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Next 5 years&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,137,146&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    forecast payments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,469,776&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;30.f)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Post-Employment&#13;    Health Plan&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;It&#13;refers to the health plan created on December 1, 1996 exclusively to cover former retired employees, pensioners, amnesties, ex-combatants,&#13;widows of labor accident victims and retirees until March 20, 1997 and their respective legal dependents. Since then, the health&#13;plan has not allowed the inclusion of new beneficiaries. The Plan is sponsored by CSN.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;amounts recognized in the balance sheet were determined as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 65%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 17%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 17%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Present value of obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;678,880&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;892,396&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;678,880&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;892,396&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;reconciliation of health benefit liabilities is presented below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 65%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 17%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 17%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial liability at the beginning of the&#13;    year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;892,396&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;897,137&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Expenses recognized in income for the year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;57,731&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;69,907&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sponsor&amp;#8217;s contributions transferred in&#13;    prior year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(81,340)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(82,081)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Recognition of actuarial loss/(gain)&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(189,907)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;7,433&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Actuarial&#13;    liability at the end of the year&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;678,880&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;892,396&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;actuarial gains and losses recognized in equity are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 53%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gain/(loss) recognized in shareholders' equity&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(189,907)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;7,433&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,237&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Below&#13;is the weighted average life expectancy based on the mortality table used to determine the actuarial obligations:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 65%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Longevity&#13;    at age of 65 for current participants&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Male&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20.24&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;20.24&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;19.55&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Female&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20.24&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;20.24&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;22.17&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; vertical-align: bottom; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Longevity at age&#13;    of 40 for current participants&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Male&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;42.74&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;42.74&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;41.59&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Female&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;42.74&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;42.74&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;45.30&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;actuarial assumptions used to calculate post-employment health benefits were:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 53%; vertical-align: bottom; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Biometric and Demographic&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;General mortality table&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;AT 2000 segregated&#13;    by gender&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;AT 2000 segregated&#13;    by gender&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial nominal discount rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6.53%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6.78%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Inflation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.32%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.61%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Real increase in medical costs based on age&#13;    (Aging Factor)&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0,5% - 3,00% real&#13;    per year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0,5% - 3,00% real&#13;    per year&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Nominal increase medical costs growth rate&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.10%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6.98%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Average medical cost (Claim cost)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;913.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,319.36&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;30.g)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity analysis&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;quantitative sensitivity analysis for significant assumptions for the post-employment health benefit as of December 31, 2020 is&#13;shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 65%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 17%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 17%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Healthcare&#13;    Plan&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assumption:&#13;    Discount rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity level&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on current service cost and on interest on actuarial obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,216&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,339)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on present value of obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(30,300)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;33,447&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assumption:&#13;    Medical Inflation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity level&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.0%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-1.0%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on current service cost and on interest on actuarial obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,749&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,978)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on present value of obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;72,688&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(60,887)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assumption:&#13;    Benefit adjustment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity level&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;+1 year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;- 1 year&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on current service cost and on interest on actuarial obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,123&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,925)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on present value of obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;47,797&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(44,768)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Following&#13;are the expected benefits for future exercises for post-employment health benefit plans:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 53%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Forecast&#13;    benefit payments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 23%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 23%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;60,143&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;58,312&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;56,323&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 4&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;54,177&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;51,892&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Next 5 years&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;221,734&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    forecast payments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;502,581&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accounting&#13;Policy&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Employee&#13;benefits - long term&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;A&#13;defined contribution plan is a post-employment benefit plan under which the Company pays contributions to CBS, obligations for&#13;contributions to defined contribution pension plans are recognized as employee benefit expenses in the income statement during&#13;the periods during which they are paid. services are provided by employees. In this modality, the Company will have no legal or&#13;constructive obligation to pay additional amounts, as the risks fall on employees.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;the defined benefit plan, obligations are assessed annually by independent actuaries, the unit credit method is used in the calculation,&#13;the assumptions for the calculation include biometric, demographic, financial and economic assumptions. The discount rate is applied&#13;to define the present value of the defined benefit obligations, the fair value of the assets is also determined. The amount recognized&#13;in the Company&amp;#8217;s balance sheet is the net of obligations after the discount rate less the fair value of the assets.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;When&#13;the calculation results in a benefit to the Company, the asset to be recognized is limited to the total of any past unrecognized&#13;service costs and the present value of the economic benefits available in the form of future plan reimbursements or reduction&#13;in future plan contributions . Actuarial gains and losses resulting from defined benefit plans immediately in other comprehensive&#13;income. In the event of extinction of the plan, the accumulated actuarial gains and losses are recorded in income.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Short-term&#13;employee benefits&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Payments&#13;of benefits such as salary or vacation, as well as the respective labor charges on these benefits are recognized monthly in the&#13;income statement, respecting the accrual basis.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Employees&#13;&amp;#8216;profit sharing and executives&amp;#8217; variable remuneration are linked to the achievement of operational and financial goals.&#13;The Company recognizes a liability and an expense substantially when these goals are achieved by allocating them to the cost of&#13;production or operating expenses.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfEmployeeBenefitsExplanatory>
    <ifrs-full:DisclosureOfCommitmentsExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;31.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;COMMITMENTS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;31.a)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;T&lt;i&gt;ake-or-pay&#13;    contracts &lt;/i&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of December 31, 2020 and 2019, the Company &lt;font style="line-height: 115%"&gt;was a party to take-or-pay contracts as shown in the&#13;following table&lt;/font&gt;:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 9pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Payments&#13;    in the period&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 47%; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Type&#13;    of service&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2023&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;After&#13;    2023&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transportation&#13;    of iron ore, coal, coke, steel products, cement and mining products.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,555,398&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;946,865&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,195,158&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,195,508&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,195,508&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,476,220&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,062,394&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Supply&#13;    of power, natural gas, oxygen, nitrogen, argon and iron ore pellets.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;959,362&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,044,380&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;674,378&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28,530&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;24,779&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;191,284&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;918,971&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Processing&#13;    of slag generated during pig iron and steel production.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;56,024&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;75,863&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13,240&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,298&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,652&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;25,190&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Manufacturing,&#13;    repair, recovery and production of ingot casting machine units.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,930&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,674&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;480&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;480&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Oil&#13;    Storage and Handling&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,900&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,608&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,608&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,608&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;402&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,226&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Labor&#13;    and consultancy services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;27,002&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;32,279&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28,428&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;27,380&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;27,380&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;191,657&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;274,845&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,603,716&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,108,961&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,913,292&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,262,324&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,251,927&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,859,563&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;8,287,106&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;31.b)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Projects and&#13;    other commitments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&amp;#149;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Transnordestina&#13;project&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Transnordestina project corresponds to the rail network II of the Northeast Railway System, includes building 1,753 km of new,&#13;next-generation, wide-gauge tracks. The project posts an evolution of 54% progress which was expected to completion for 2017,&#13;completion period currently under discussion with the responsible agencies.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company expects that the investments will allow Transnordestina Log&amp;#237;stica SA (&amp;#8220;TLSA&amp;#8221;), the concessionaire that&#13;owns the Transnordestina Project, to transport various products, such as iron ore, limestone, soybeans, cotton, sugar cane, fertilizers,&#13;oil and fuels. The concession period ends in 2057 and may be terminated before that period if the concessionaire reaches the minimum&#13;return agreed with the Government. TLSA has obtained the environmental authorizations required and implementation is advanced&#13;in certain regions.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;sources of financing for the project are: (i) financing granted by Banco do Nordeste / FNE and BNDES, (ii) debentures issued by&#13;FDNE, (iii) Via Permanente use contracts and (iv) capital contribution by CSN and public shareholders. The approved investment&#13;for the work is R$7,542,000, and the balance of funds to be disbursed will be updated by the IPCA as of the April 2012 base date.&#13;If additional resources are needed, they will be made possible by CSN and / or third parties through the execution of Permanent&#13;Use of Contracts.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;approved budget amount is composed as follows: Miss&amp;#227;o Velha - Salgueiro amounting to R$0.4 billion, Salgueiro - Trindade&#13;amounting to R$0.7 billion, Trindade - Eliseu Martins amounting to R$2.4 billion, Miss&amp;#227;o Velha - Port of Pec&amp;#233;m amounting&#13;to R$3 billion, Salgueiro - Port of Suape amounting to R$4.7 billion, totaling R$11.2 billion. The project is currently in the&#13;process of budgetary adjustment whose proposed budget is in the order of R$13.2 billion.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company guarantees 100% of the financing obtained by TLSA from Banco do Nordeste / FNE and BNDES, as well as 50.97% of the debentures&#13;issued by the FDNE (considers 48.47% of corporate guarantee, 1.25% of letter of guarantee) for BNB and 1.25% corporate guarantee&#13;for BNB). Under the terms of the FDNE regulation approved by Federal Decree No. 6,952 / 2009, as well as the Investment Agreement&#13;signed with public shareholders / financiers, up to 50% of the debentures may be converted into shares of TLSA.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Federal Audit Court - TCU, through a precautionary decision issued in May 2016, referring to the TC 012.179 / 2016 process, suspended&#13;new transfers of public funds to TLSA by Valec Engenharia, Constru&amp;#231;&amp;#245;es e Ferrovias SA, Fundo de Investimento do Nordeste&#13;- FINOR, Constitutional Financing Fund for the Northeast - FNE, Development Fund for the Northeast - FDNE, National Bank for Economic&#13;and Social Development - BNDES and BNDES Participa&amp;#231;&amp;#245;es SA - BNDESPar. After the appeal against the precautionary decision&#13;and the necessary explanations were provided, in June 2016, the preliminary decision issued by the TCU was revoked unanimously&#13;by the members of this court, and the continuity of the programmed contributions was restored.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;By&#13;means of a new precautionary decision issued in January 2017, referring to case TC 012.179 / 2016, the Federal Court of Accounts&#13;- TCU suspended new transfers of public funds to TLSA by Valec Engenharia, Constru&amp;#231;&amp;#245;es e Ferrovias SA, Fundo de Investimento&#13;do Nordeste - FINOR, Constitutional Financing Fund for the Northeast - FNE, Development Fund for the Northeast - FDNE, National&#13;Bank for Economic and Social Development - BNDES and BNDES Participa&amp;#231;&amp;#245;es SA - BNDESPar. The Company has been providing&#13;the necessary clarifications to TCU and acting firmly so that the decision will be revoked soon and the flow of programmed contributions&#13;will be reestablished.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company concluded as of December 31, 2019, according to the scheduled schedule, the engineering deliveries referring to the review&#13;of the projects of the sections to be executed, as well as the survey of the services already performed in the sections in progress&#13;and concluded (&lt;i&gt;as built&lt;/i&gt; &amp;#8221;), In order to allow the validation of the regulatory budget and the preparation of a revisited&#13;schedule. The Company awaits the analyzes to be carried out by the regulatory agency, which are in progress.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;There&#13;is an administrative procedure before the National Transportation Agency (&amp;#8220;ANTT&amp;#8221;) that assesses the regular compliance&#13;with the Concession Agreement obligations by the Company. In this context, in 2020, ANTT proposed to the Federal Government the&#13;declaration of the expiry of the TLSA Concession Contract and the initiation of an administrative proceeding within the scope&#13;of the Superintendence of Infrastructure and Railway Cargo Transport Services - SUFER. ANTT&amp;#8217;s recommendation, which was&#13;substantially contested by TLSA, does not bind the Granting Authority, nor does it end the discussion, as the evaluations of the&#13;Ministry of Infrastructure and the Presidency of the Republic are still pending. In addition, judicial review of the matter is&#13;also possible. The Company continues its activities to implement sections of the railway in the States of Piau&amp;#237; and Cear&amp;#225;&#13;and to preserve the sections already built, with a reasonable expectation that the continuity of its operations will be maintained.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;There&#13;is an administrative procedure before ANTT that assesses the regular fulfillment of the obligations of the Concession Contract&#13;corresponding to Mesh II by the TLSA Concessionaire. ANTT&amp;#8217;s technical area, in a unilateral opinion, understood that there&#13;was a breach of contractual obligations by the Concessionaire. The opinion of the technical area is under evaluation and, if the&#13;irregularity is proven, ANTT may apply the applicable penalties or recommend the declaration of forfeiture to the Presidency of&#13;the Republic, the procedure being in the investigation phase, with no definitive decision to date the merit.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;September 16, 2020, the request for reconsideration and suspension of Judgment No. 67/2017 was filed with TCU, which determined&#13;the suspension of transfers of public funds to the project until the assessment of engineering projects and the determination&#13;of the regulatory budget by National Land Transport Agency - ANTT. In this reconsideration request, management requests that,&#13;in view of the exhaustion of Transnordestina&amp;#8217;s measures to approve the budget for the project&amp;#8217;s works and the indispensability&#13;of the resources provided for in the agreements that structured the project for its completion, the understanding contained in&#13;Judgment 67 / 2017, with the consequent immediate release of public resources under the responsibility of public sources. In the&#13;alternative, he requested that, if the release of public contributions is not granted, we require the immediate release of FINOR&#13;funds, since, regardless of their nature, they have the character of reimbursement of the amounts evidently applied by Transnordestina&#13;in the works, and cannot be subject to the suspension stipulated in Judgment No. 67/2017 - TCU.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;FTL&#13;- Ferrovia Transnordestina Log&amp;#237;stica SA (Operational network)&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;relation to Malha I, operated by FTL - Ferrovia Transnordestina Log&amp;#237;stica SA (&amp;#8220;FTL&amp;#8221;), there is an administrative&#13;procedure before the National Transport Agency (&amp;#8220;ANTT&amp;#8221;) that assesses the regular compliance with the Concession Contract&#13;obligations by the FTL Concessionaire. Due to a unilateral assessment, ANTT reported that FTL would have failed to comply with&#13;the TAC signed in 2013 due to the failure to meet the 2013 production target. In this context, the agency proposed to the Union&#13;the declaration of the expiry of the FTL Concession Contract and the initiation of an administrative proceeding within the scope&#13;of the Superintendence of Infrastructure and Railway Cargo Transport Services - SUFER. The Company continues to rely on ANTT&amp;#8217;s&#13;positioning.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfCommitmentsExplanatory>
    <ifrs-full:DisclosureOfInsuranceContractsExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;32.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;INSURANCE&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;order to adequately mitigate risks and in view of the nature of its operations, the Company and its Subsidiaries contract several&#13;different types of insurance policy. The policies are taken out in line with the Risk Management policy and are similar to the&#13;insurance taken out by other companies in the same industry in which CSN and its subsidiaries operate. The coverage of these policies&#13;includes: National Transport, International Transport, Life and Personal Accident Insurance, Health, Vehicle Fleet, D&amp;#38;O (Administrators&#13;Liability Insurance), General Liability, Engineering Risks, Named Risks, Export Credit, Insurance Warranty and Civil Liability&#13;Port Operator.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;2020, after negotiations with insurers and reinsurers in Brazil and abroad, an Operational Risk Insurance Policy for Property&#13;Damage and Business Interruption was issued, effective from June 30, 2020 to June 30, 2021. Under the policy, the Maximum Indemnity&#13;Limit is US$600 million, and the deductible is US$385 million for material damages and 45 days for loss of profits, covering the&#13;following units and subsidiaries of the Company: Usina Presidente Vargas, CSN Minera&amp;#231;&amp;#227;o SA and Sepetiba Tecon.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;risk assumptions adopted, given their nature, are not part of the scope of an audit of the financial statements, and consequently&#13;were not examined by our independent auditors.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfInsuranceContractsExplanatory>
    <ifrs-full:DisclosureOfCashFlowStatementExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;33.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;ADDITIONAL INFORMATION&#13;    TO CASH FLOWS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table presents additional information on transactions related to the statement of cash flows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 59%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income tax and social contribution paid&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;542,877&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,167,419&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;336,962&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Addition to PP&amp;#38;E with interest capitalization&#13;    (notes 11 and 28)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;92,506&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;117,189&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;71,611&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Initial adoption IFRS16 &amp;#8211; Right of use&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;640,989&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Remeasurement and addition &amp;#8211; Right of&#13;    use (note 11 a)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;109,993&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(151,558)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Addition to PP&amp;#38;E without adding cash&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;30,345&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;278,213&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;10,792&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Capitalization in subsidiaries without cash&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;104,809&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Addition to investment property without cash&#13;    effect&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;61,597&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;942,127&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;2,052,252&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;419,365&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</ifrs-full:DisclosureOfCashFlowStatementExplanatory>
    <ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;34.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;SUBSEQUENT EVENTS&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 15pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Prospectus for&#13;    the Offering of CSN Minera&amp;#231;&amp;#227;o SA shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;February 17, the Company released to the market the final prospectus of the public offering of primary and secondary distribution&#13;of common shares of its issuance, through B3 - Brasil, Bolsa, Balc&amp;#227;o. The Offer will comprise (i) the primary distribution&#13;of 161,189,078 new Shares (&amp;#8220;Primary Offer&amp;#8221;); and (ii) the secondary distribution of, initially, 372,749,743 shares,&#13;with the possibility of adding up to 20% of additional shares held by all current shareholders and, also, up to 15% of additional&#13;shares held by the majority shareholder, CSN .&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;the final prospectus of the Offer, the price per Share (&amp;#8220;Price per Share&amp;#8221;) is R$8.50, totaling R$1,370 million in&#13;primary shares and R$2,785 million in secondary shares. The Price per Share was fixed after the completion of the procedure for&#13;collecting investment intentions from institutional investors carried out in Brazil and abroad.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Upon&#13;the completion of the Offer, the Company&amp;#8217;s shares were split in the proportion of 1:30, and consequently its share capital&#13;started to be represented by 5,430,057,060 (five billion, four hundred and thirty million, fifty-seven thousand and sixty) common&#13;shares, nominative and without value nominal, as approved by the Extraordinary General Meeting held on October 15, 2020.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 15pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Debt reprofiling&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;January 2021, the Company reprofiled part of export prepayment contracts in the amount of US$265 million, whose maturities in&#13;2022 in the amount of US$79 million were postponed to 2023. In addition, the Company amortized R$315 million in NCEs whose maturities&#13;would occur over 2021.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Additionally,&#13;on February 12, 2021, the Company repurchased, for subsequent cancellation, 450,000 debentures from the 10th Issue in the amount&#13;of R$391 million. This repurchase corresponds to 23% of the debentures of that Issue.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 15pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Asset&#13;    drop down for CSN Cimentos S.A.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On&#13;January 31, 2021, the Company concluded the drop down of the cement segment, with all assets and liabilities related to the cement&#13;business being transferred from CSN to its subsidiary recently incorporated CSN Cimentos S.A.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 15pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Increase in share&#13;    capital&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Board of Directors, in a meeting held on February 22, 2021, approved the capitalization of part of the statutory reserve in the&#13;amount of R$1,500 million, without changing the number of shares, increasing the Company&amp;#8217;s capital to R$6,040 million.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory>
    <ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: top"&gt;&lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.a)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Declaration of&#13;    conformity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;consolidated financial statements have been prepared and are being presented in accordance with International Financial Reporting&#13;Standards (&amp;#8220;IFRS&amp;#8221;) issued by the International Accounting Standards Board (IASB) and includes all of the relevant&#13;information of the financial statements, and only this information, which correspond to those used by the Company&amp;#8217;s management&#13;in its activities.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory>
    <ifrs-full:DisclosureOfBasisOfConsolidationExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: top"&gt;&lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.b)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Basis of presentation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;financial statements have been prepared using the historical cost as the basis of value, the net realizable value, the fair value&#13;or the recovery value, except when otherwise indicated.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;preparation of these financial statements requires Management to use certain accounting estimates, judgments and assumptions that&#13;affect the application of Accounting Polices and the amounts reported on the balance sheet date of assets, liabilities, income&#13;and expenses may differ from actual future results. The assumptions used are based on history and other factors considered relevant&#13;and are reviewed by the Company&amp;#8217;s management.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;accounting policies and critical estimates, when applicable and relevant, are included in the respective explanatory notes and&#13;are consistent with the previous year presented, as shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;  &lt;td style="text-align: justify; width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;font style="line-height: normal"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;  &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Explanatory note 10 e - Recoverability test of investment on&#13;Transnordestina Log&amp;#237;stica SA (&amp;#8220;TLSA&amp;#8221;);&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;  &lt;td style="text-align: justify; width: 14.2pt"&gt;&amp;#149;&lt;font style="font: 10pt/normal Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;  &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Explanatory note 12 a - Goodwill impairment test;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;  &lt;td style="text-align: justify; width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;font style="line-height: normal"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;  &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Explanatory note 14 - Derivative financial instruments and&#13;hedge accounting (&amp;#8220;hedge accounting&amp;#8221;);&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;  &lt;td style="text-align: justify; width: 14.2pt"&gt;&amp;#149;&lt;font style="font: 10pt/normal Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;  &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Explanatory note 18 d - Deferred income and social contribution&#13;taxes: availability of future taxable income against which deductible temporary differences and tax losses can be used;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;  &lt;td style="text-align: justify; width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;font style="line-height: normal"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;  &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Explanatory note 20 - Provision for tax, social security, labor,&#13;civil, environmental risks and judicial deposits;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Explanatory note&#13;    21 - Provisions for environmental liabilities and asset retirement obligations;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;  &lt;td style="text-align: justify; width: 14.2pt"&gt;&amp;#149;&lt;font style="font: 10pt/normal Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;  &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Explanatory note 30 - Employee benefits.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;consolidated financial statements were approved by Board of Directors on April 12, 2021.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DisclosureOfBasisOfConsolidationExplanatory>
    <ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: top"&gt;&lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.c)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Functional currency&#13;    and presentation currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;accounting records included in the financial statements of each of the Company&amp;#8217;s subsidiaries are measured using the currency&#13;of the principal of the economic environment in which each subsidiary operates (&amp;#8220;the functional currency&amp;#8221;). The consolidated&#13;financial statements are presented in R$ (reais), which is the Company&amp;#8217;s functional and reporting currency.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;currency transactions are translated into the functional currency using the exchange rates prevailing on the transaction or valuation&#13;dates, in which the items are remeasured. The balances of the asset and liability accounts are translated using the exchange rate&#13;on the balance sheet date. As of December 31, 2020, US$1,00 is equivalent to R$5.1967 (R$4.0307 on December 31, 2019) and &amp;#8364;1,00&#13;is equivalent to R$6.3779 (R$4.5305 on December 31, 2019), as stated on the website of the Brazilian Central Bank.&lt;/font&gt;&lt;/p&gt;</ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory>
    <sid:DescriptionOfAccountingPolicyForExplanatoryNotesForBasisOfPresentationExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: top"&gt;&lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.d)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Explanatory notes&#13;    for basis of presentation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;2020, the Company improved the presentation of its financial statements to users. As a result, the relevant information for assessing&#13;the Company's financial position was changed and, accordingly, accounting practices related to assets, liabilities, revenues and&#13;expenses are now presented in the explanatory notes of each relevant item.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Additionally,&#13;in order to improve the presentation with more qualitative aspects, the Company discloses long-term inventory in note 7 and the&#13;current and non-current recoverable taxes in note 8, which were previously presented as other current and non-current assets.&lt;/font&gt;&lt;/p&gt;</sid:DescriptionOfAccountingPolicyForExplanatoryNotesForBasisOfPresentationExplanatory>
    <ifrs-full:DescriptionOfInitialApplicationOfStandardsOrInterpretations contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: top"&gt;&lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2.e)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Adoption of new&#13;    and revised International Financial Reporting Standards (IFRS)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;During&#13;the year of 2020, the IASB issued the revision of the referred standards below, already in force in the year of 2020. Some accounting&#13;pronouncements that became effective as of January 1, 2020, having been adopted and without significant impacts on the Company&amp;#8217;s&#13;results and financial position were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Business definition&#13;    (changes to IFRS 3)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Definition of materiality&#13;    (changes to IAS 1 and IAS 8)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Reform of the benchmark&#13;    interest rate (changes to IFRS 9, IAS 39 and IFRS 7)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes to references&#13;    to the basic conceptual framework (various standards)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Concessions related&#13;    to COVID-19 (amendments to IFRS 16)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;changes were evaluated and adopted by the Company&amp;#8217;s management, and there were no impacts on its financial statements regarding&#13;their application.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;New&#13;standards, changes and interpretations to existing standards that are not yet effective and have not been adopted in advance by&#13;the Company (for which no significant impact is expected in the initial adoption period and that, therefore, additional disclosures&#13;are not being made):&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;IFRS 17 &amp;#8212;&#13;    Insurance Contracts&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes to IFRS&#13;    17 Insurance contracts (changes to IFRS 17 and IFRS 4)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;References to the&#13;    Conceptual Framework&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Products before&#13;    intended use (changes to IAS 16)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Onerous contracts&#13;    - cost of fulfilling a contract (changes to IAS 37)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Annual cycle of&#13;    improvements to IFRS 2018-2020 (changes to IFRS 1, IFRS 9, IFRS 16 and IAS 41)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 10.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10.35pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#149;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Classification of&#13;    liabilities as current and non-current (changes to IAS 1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</ifrs-full:DescriptionOfInitialApplicationOfStandardsOrInterpretations>
    <sid:PercentageOfCorporateStaff contextRef="From2020-01-01to2020-12-31" unitRef="Pure" decimals="INF">0.50</sid:PercentageOfCorporateStaff>
    <sid:SummaryOfCashAndCashEquivalentsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: middle"&gt;&lt;td style="white-space: nowrap; width: 47%; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; width: 26%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; width: 26%; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="white-space: nowrap; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="white-space: nowrap; text-align: left; padding-left: 12px; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cash&#13;    and banks&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="white-space: nowrap; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;    Brazil&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;245,185&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;42,736&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="white-space: nowrap; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Abroad&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,899,282&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;454,033&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="white-space: nowrap; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;4,144,467&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;496,769&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="white-space: nowrap; text-align: left; padding-left: 24px; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="white-space: nowrap; text-align: left; padding-left: 12px; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="white-space: nowrap; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;    Brazil&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;5,800,119&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;531,924&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="white-space: nowrap; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Abroad&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;60,262&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="white-space: nowrap; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,800,119&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;592,186&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="white-space: nowrap; text-align: left; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;9,944,586&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,088,955&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfCashAndCashEquivalentsTableTextBlock>
    <sid:DetailInformationOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory contextRef="From2020-01-01to2020-12-31">&lt;table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: middle"&gt;&lt;td style="width: 36%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: center; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; text-align: center; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; text-align: center; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; text-align: center; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; text-align: center; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non&#13;    Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold; border-top-color: black; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold; border-top-color: black; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;478,253&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;518,553&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Usiminas shares(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,305,109&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,114,620&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bonds (3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;123,409&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;95,719&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,783,362&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,633,173&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;123,409&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;95,719&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;These are restricted&#13;    financial investments and linked to a Bank Deposit Certificate (CDB) to guarantee a letter of guarantee from financial institutions&#13;    and financial investments in Public Securities (LFT - Letras Financeiras do Tesouro) managed by their exclusive funds.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;P&lt;font style="line-height: 115%"&gt;art&#13;    of the shares guarantees a portion of the Company's debt&lt;/font&gt;.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;B&lt;i&gt;onds&lt;/i&gt; with&#13;    Fibra bank due in February 2028 (see note 22).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:DetailInformationOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory>
    <sid:SummaryOfTradeReceivablesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: middle"&gt;&lt;td style="width: 47%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; text-align: left; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: left; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trade receivables&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Third&#13;    parties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Domestic&#13;    market&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;910,657&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,118,632&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    market&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,063,867&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,003,905&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,974,524&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,122,537&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Allowance&#13;    for doubtful debts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(228,348)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(245,194)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,746,176&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,877,343&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Related&#13;    parties (note 22 b)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;121,176&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;170,588&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; text-align: right; font-weight: bold; border-top-color: black; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,867,352&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; text-align: right; font-weight: bold; border-top-color: black; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,047,931&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfTradeReceivablesTableTextBlock>
    <sid:SummaryOfGrossTradeReceivablesFromThirdPartiesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;composition of the gross balance of accounts receivable from third party customers is shown as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 47%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,537,567&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,739,746&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Past-due up to&#13;    30 days&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;222,972&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;132,845&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="text-align: left; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Past-due&#13;    up to 180 days&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;17,915&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;23,877&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="text-align: left; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Past-due&#13;    over 180 days&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;196,070&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;226,069&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,974,524&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,122,537&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfGrossTradeReceivablesFromThirdPartiesTableTextBlock>
    <sid:SummaryOfChangesInAllowanceForDoubtfulDebtsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;changes in credit losses are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 44%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 27%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 27%; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Opening balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(245,194)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(237,352)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(Loss)/Reversal estimated&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;7,513&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(43,313)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220, 230, 241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Recovery and write-offs&#13;    of receivables&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9,333&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;35,471&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Closing balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(228,348)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(245,194)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfChangesInAllowanceForDoubtfulDebtsTableTextBlock>
    <sid:SummaryOfInventoryTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: middle"&gt;&lt;td style="width: 47%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 26%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 26%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Finished goods&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,627,676&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,691,842&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Work in progress&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,358,905&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,438,868&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Raw materials&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,289,653&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,493,129&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Spare parts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;928,158&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;902,135&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Advances to suppliers&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;69,536&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;35,828&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Provision for losses&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(109,038)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(134,553)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,164,890&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,427,249&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Classified:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,817,586&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,282,750&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;347,304&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;144,499&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,164,890&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,427,249&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Long-term iron ore&#13;    inventories that will be used after the construction of the processing plant, which will produce pellet feed, In 2020, the&#13;    Company defined the construction project for the new plant for processing Itabirito, which until then was considered as waste,&#13;    and started to be incorporated into the long-term ore inventory.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfInventoryTableTextBlock>
    <sid:SummaryOfChangesInProvisionForInventoryLossesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;changes in estimated losses on inventories are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; width: 44%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; width: 27%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; width: 27%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Opening balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(134,553)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(157,754)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(Estimated&#13;    losses) / Reversal of inventories with low turnover and obsolescence&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;25,515&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;23,201&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Closing balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(109,038)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(134,553)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfChangesInProvisionForInventoryLossesTableTextBlock>
    <sid:SummaryOfRecoverableTaxesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: middle"&gt;&lt;td style="width: 47%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;State Value-Added Tax&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,002,926&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,109,887&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Brazilian federal contributions&#13;    &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,417,081&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,230,793&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other taxes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;123,939&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;61,675&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,543,946&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,402,355&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Classified:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,605,494&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,282,415&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;938,452&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,119,940&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,543,946&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,402,355&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Refers mainly to&#13;    PIS / COFINS (VAT Federal) all to be recovered and income tax and social contribution to be offset. In respect to PIS and&#13;    COFINS to be recoverable on September 20, 2018, the writ of mandamus and special appeal filed in 2006, in which CSN and the&#13;    Federal Union are parties, related to the discussion about the non-inclusion of ICMS in the PIS and COFINS calculation basis,&#13;    was judged in final court decision, confirmed the right of CSN to offset the amounts unduly paid as a result of the PIS and&#13;    COFINS base being increased by the inclusion of ICMS in the period from 2001 to 2014.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfRecoverableTaxesTableTextBlock>
    <sid:SummaryOfOtherCurrentAndNoncurrentAssetsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: middle"&gt;&lt;td style="width: 37%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Judicial deposits (note 20)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;325,117&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;328,371&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Credits with the PGFN &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;46,774&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Prepaid expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;136,527&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;107,428&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;115,636&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;126,213&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Prepaid expenses with sea freight &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;74,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;96,305&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial asset (note 30)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;13,819&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;13,714&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative financial instruments (note 14 I)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,364&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,203&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Securities held for trading (note 14 I)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,065&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,034&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loans with related parties (nota 14 I and 22.b)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;966,050&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;846,300&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other receivables from related parties (note&#13;    22 b)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,242&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,830&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;664,020&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;428,672&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other receivables (note 14 I)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,445&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,059&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Eletrobr&amp;#225;s compulsory loan (note 14 I)&#13;    &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(3)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;852,532&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;845,284&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends receivables (note 22 b)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;38,088&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;44,554&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Employee debts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;28,054&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;33,045&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Receivables by indemnity&#13;    &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(4)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;517,183&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;79,338&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;102,021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;146,245&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;146,525&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;367,814&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;390,581&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,603,047&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,793,115&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In September 2020,&#13;    the Company reclassified the amount to judicial deposits.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Refers a payment&#13;    of freight expenses and maritime insurance over revenues didn&amp;#8217;t recognized.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;This is a certain&#13;    and due amount, arising from the res judicata favorable decision to the Company, which is irreversible and irrevocable, in&#13;    order to apply the STJ's consolidated position on the subject, which culminated in the conviction of Eletrobr&amp;#225;s to the&#13;    payment of the correct interest and monetary adjustment of the Compulsory Loan. The res judicata decision, as well as the&#13;    certainty about the amounts involved in the liquidation of the sentence (judicial procedure to request the satisfaction of&#13;    the right), allowed the conclusion that the entry of this value is certain. In addition to this amount already recorded, the&#13;    Company continues to seek alternatives for the recovery of additional credits and the estimate can reach an amount greater&#13;    than R$350 million.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;This is a net, certain&#13;    and enforceable amount, resulting from the final and unappealable decision of the Court in favor of the Company, due to losses&#13;    and damages resulting from the sinking of the voltage in the supply of energy in the periods from January / 1991 to June /&#13;    2002. The receivable for indemnification in the amount of R$147,612 was recognized in the income statement for the year in&#13;    other operating income and expenses and in the financial result, the amount of R$369,571. See notes 27 and 28, respectively.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfOtherCurrentAndNoncurrentAssetsTableTextBlock>
    <sid:SummaryOfDirectAndIndirectSubsidiariesJointVenturesAndJointOperationsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The consolidated financial statements for the&#13;years ended December 31, 2020 and 2019 include the following direct and indirect subsidiaries, joint ventures and joint operations,&#13;as well as the exclusive funds, as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 9pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 22%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Number&#13;    of shares held by CSN in units&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 18%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equity&#13;    interests (%)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 20%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 20%; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Companies&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Core&#13;    business&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Direct interest&#13;    in subsidiaries: full consolidation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Islands VII Corp.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20,001,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Financial transactions&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Inova Ventures&#13;    &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;50,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Financial transactions&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Islands XII Corp.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,540&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Financial transactions&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Steel S.L.U.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;22,042,688&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Equity interests&#13;    and Financial transactions&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;TdBB S.A (*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sepetiba Tecon S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;254,015,052&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Port services&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Min&amp;#233;rios NacionalS.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;141,719,295&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Mining and Equity&#13;    interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Companhia Florestal&#13;    do Brasil&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;66,354,391&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Reforestation&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estanho de Rond&amp;#244;nia&#13;    S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;195,454,162&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Tin Mining&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Companhia Metal&amp;#250;rgica Prada&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;555,142,354&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Manufacture of&#13;    containers and distribution of steel products&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Minera&amp;#231;&amp;#227;o&#13;    S.A.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;158,419,480&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Mining&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Energia S.A.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;43,149&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Sale of electric&#13;    power&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;FTL - Ferrovia Transnordestina Log&amp;#237;stica&#13;    S.A.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;486,592,830&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;92.38&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;92.38&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Railroad logistics&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Nordeste Log&amp;#237;stica S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99,999&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Port services&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Inova Ltd.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Advisory and&#13;    implementation of new development projec&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Equipamentos&#13;    S.A &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Rental of commercial&#13;    and industrial machinery and equipment&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CBSI - Companhia Brasileira de Servi&amp;#231;os&#13;    de Infraestrutura&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,669,986&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Equity interests&#13;    and product sales and iron ore&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Cimentos S.A&lt;font style="font-weight: 400"&gt;&lt;sup&gt;.(3)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;90&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;90.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Manufacturing&#13;    and sale of cement&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Indirect interest&#13;    in subsidiaries: full consolidation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lusosider Projectos Sider&amp;#250;rgicos S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Equity interests&#13;    and product sales&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lusosider A&amp;#231;os Planos, S. A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Steel and Equity&#13;    interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Resources S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Financial transactions&#13;    and Equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Companhia Brasileira&#13;    de Latas&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Sale&#13;    of cans and containers in general and Equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Companhia de&#13;    Embalagens Met&amp;#225;licas MMSA&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.67&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.67&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Production&#13;    and sale of cans and related activities&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Companhia de&#13;    Embalagens Met&amp;#225;licas - MTM&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.67&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;99.67&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Production&#13;    and sale of cans and related activities&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Steel Holdings&#13;    1, S.L.U.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Financial&#13;    transactions, product sales and Equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Productos&#13;    Sider&amp;#250;rgicos S.L.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Financial&#13;    transactions, product sales and Equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Stalhwerk Th&amp;#252;ringen&#13;    GmbH&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Production&#13;    and sale of long steel and related activities&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Steel Sections&#13;    UK Limited &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(4)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Sale&#13;    of long steel&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Steel Sections&#13;    Polska Sp.Z.o.o&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Financial&#13;    transactions, product sales and Equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Mining Holding, S.L&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Financial transactions,&#13;    product sales and Equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Mining GmbH&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Financial transactions,&#13;    product sales and Equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Mining Asia Limited&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Commercial representation&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lusosider Ib&amp;#233;rica&#13;    S.A.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Steel,&#13;    commercial and industrial activities and equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Mining Portugal,&#13;    Unipessoal Lda.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;87.52&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Commercial and&#13;    representation of products&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Companhia Sider&amp;#250;rgica&#13;    Nacional, LLC&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Import&#13;    and distribution/resale of products&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Cimentos S.A.&lt;font style="font-weight: 400"&gt;&lt;sup&gt;(3)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;10&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;10.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Manufacturing&#13;    and sale of cement&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Direct interest&#13;    in joint operations: proportionate consolidation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;It&amp;#225; Energ&amp;#233;tica S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;253,606,846&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;48.75&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;48.75&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Electric power&#13;    generation&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cons&amp;#243;rcio da Usina Hidrel&amp;#233;trica de&#13;    Igarapava&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;17.92&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;17.92&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Electric power&#13;    consortium&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Direct interest&#13;    in joint ventures: equity method&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;MRS Log&amp;#237;stica&#13;    S.A. &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(5)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;63,377,198&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;18.64&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;18.64&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Railroad transportation&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Aceros Del Orinoco&#13;    S.A.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;31.82&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;31.82&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Dormant company&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transnordestina Log&amp;#237;stica S.A. &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(6)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;24,670,093&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;47.26&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;47.26&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Railroad logistics&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Equimac S.A &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,117&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;50.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Rental of commercial&#13;    and industrial machinery and equipment&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Indirect interest&#13;    in joint ventures: equity method&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;MRS Log&amp;#237;stica&#13;    S.A. &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(5)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;16.30&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;16.30&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Railroad transportation&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Direct interest&#13;    in associates: equity method&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Arvedi Metalfer do&#13;    Brasil S.A.&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49,074,882&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;20.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;20.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Metallurgy and&#13;    Equity interests&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Exclusive funds:&#13;    full consolidation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Diplic II- Fundo de investimento multimercado&#13;    cr&amp;#233;dito privado&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Investment fund&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td colspan="2"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Caixa V&amp;#233;rtice - Fundo de investimento&#13;    multimercado cr&amp;#233;dito privado&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Investment fund&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;VR1 - Fundo de investimento multimercado cr&amp;#233;dito&#13;    privado&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;100.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Investment fund&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;Dormant companies.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On June 29, 2020,&#13;    CSN Islands XI Corp. changed its corporate name to CSN Inova Ventures.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;On June 26, 2020,&#13;    CSN Equipamentos SA had its corporate name changed to Equimac SA and its capital increased by Unidas Guindastes Eireli. With&#13;    this capital increase, CSN&amp;#8217;s stake in Equimac&amp;#8217;s share capital increased to 50% and was classified as &lt;i&gt;joint&#13;    venture.&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Company acquired&#13;    on October 2, 2020.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Company liquidated&#13;    on March 11, 2020.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As of December 31,&#13;    2020, the Company directly held 63,377,198 shares, of which 26,611,282 were common and 36,765,916 were preferred, and indirectly&#13;    63,338,872 shares, of which 25,802,872 were common and 37,536,000 were preferred&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As of December 31,&#13;    2020, the Company had 24,168,304 common shares and 501,789 Class B preferred shares.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfDirectAndIndirectSubsidiariesJointVenturesAndJointOperationsTableTextBlock>
    <sid:SummaryOfDirectEquityInterestsInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;number of shares, the balances of assets and liabilities, shareholders&amp;#8217; equity and the profit / (loss) amounts for the period&#13;in those investees are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 7pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 20%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td rowspan="5" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Companies&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Participation&#13;    in&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Participation&#13;    in&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="4" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Shareholders&amp;#8217;&#13;    equity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="4" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Profit&#13;    /(Loss) for the period&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Shareholders&amp;#8217;&#13;    equity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Profit&#13;    /(Loss) for the period&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-venture&#13;    and Joint-operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;MRS Log&amp;#237;stica&#13;    S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,175,249&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,567,882&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,607,367&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;160,371&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,145,205&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,616,218&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,528,987&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;187,597&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fair Value -&#13;    MRS Log&amp;#237;stica S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;421,888&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(11,747)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;433,635&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11,747)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td colspan="2" style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSBI&#13;    - Companhia Brasileira de Servi&amp;#231;os de Infraestrutura&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,665&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transnordestina&#13;    Log&amp;#237;stica S.A. (*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,657,691&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,497,587&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,160,104&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(28,952)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,398,434&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,209,378&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,189,056&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(17,100)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fair Value (*)&#13;    - Transnordestina&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;271,116&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;271,116&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Equimac S.A&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,536&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;301&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,235&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(329)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;8,840,476&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;6,065,770&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,467,710&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;119,343&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;8,543,639&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,825,596&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,422,794&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;165,415&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Associates&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Arvedi Metalfer do Brasil S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;40,528&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;32,490&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,038&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(6,765)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;44,435&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;31,712&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,723&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,682)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;40,528&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;32,490&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;8,038&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(6,765)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;44,435&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;31,712&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12,723&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(1,682)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td colspan="9" style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Classified&#13;    at fair value through profit or loss (note 12 I)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Panatl&amp;#226;ntica&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;59,879&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;47,300&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;59,879&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;47,300&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Eliminations&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(30,856)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(38,219)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other investments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;&#13;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;279&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(9,967)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;157&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;171&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;279&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(9,967)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;157&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;171&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td colspan="2" style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    investments in affillated companies&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,535,906&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,484,974&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td colspan="5" style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Equity in results of affillated companies&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;71,755&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;125,715&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Investments properties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;159,874&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;101,195&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total investments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,695,780&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,584,169&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;As of December 31, 2020 and December 31, 2019, the net balance of R$271,116 refers to the Fair Value generated by the loss of&#13;control of Transnordestina Log&amp;#237;stica SA in the amount of R$659,105 and impairment of R$387,989&lt;/font&gt;&lt;/p&gt;</sid:SummaryOfDirectEquityInterestsInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock>
    <sid:SummaryOfChangesOfInvestmentsBalancesInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: top"&gt;&lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10.b)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Changes in investments&#13;    in subsidiaries, jointly controlled companies, joint operations, associates and other investments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 47%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Opening&#13;    balance of investments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,482,974&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,630,613&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Capital increase/acquisition&#13;    of shares&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,400&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;27,909&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(82,642)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(94,603)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Comprehensive income&#13;    &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;6,895&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,592)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Equity in results of affiliated companies(3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;124,324&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;175,524&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Update of shares measured&#13;    at fair value through profit or loss (Note 14 II)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;12,579&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(118,780)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Reclassification of&#13;    Usiminas&amp;#8217; shares&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(2,114,620)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Consolidation of CBSI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(8,775)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amortization of fair&#13;    value - investment MRS&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11,747)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11,747)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;123&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;45&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Closing balance&#13;    of investments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,535,906&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,482,974&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In 2020, it mainly refers to dividends of the&#13;    subsidiary CSN Minera&amp;#231;&amp;#227;o SA in the amount of R$2,437,482 (R$4,060,816 on December 31, 2019).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Refers to translation to the reporting currency&#13;    of the foreign investments of which functional currency is not the Brazilian Reais, actuarial gain/loss and gain/loss on investment&#13;    hedge from investments accounted for under the equity method.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The table below shows the reconciliation of&#13;    the equity in results of affiliated companies classified as joint venture and associates and the amount disclosed in the income&#13;    statement and it is due to the elimination of the results of the CSN&amp;#180;s transactions with these companies.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfChangesOfInvestmentsBalancesInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock>
    <sid:SummaryOfEquityInResultsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: middle"&gt;&lt;td style="width: 47%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equity&#13;    in results of affiliated companies&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;MRS&#13;    Log&amp;#237;stica S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;160,370&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;187,597&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CBSI&#13;    - Companhia Brasileira de Servi&amp;#231;os de Infraestrutura &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;6,695&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transnordestina&#13;    Log&amp;#237;stica S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(28,952)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(17,100)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Arvedi&#13;    Metalfer do Brasil S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6,765)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,682)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Equimac&#13;    S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(329)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;124,324&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;175,524&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Eliminations&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;To&#13;    cost of sales&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(46,751)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(57,908)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;To&#13;    taxes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15,895&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19,689&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amortizated&#13;    at fair value - Investment in MRS&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11,747)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11,747)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,966)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;157&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equity in results&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;71,755&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;125,715&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Refers to equity&#13;    income until November 30, 2019, as of this date, the joint venture started to be controlled and consolidated, according to&#13;    note 10 c.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfEquityInResultsTableTextBlock>
    <sid:SummaryOfJointVenturesAndJointOperationsFinancialInformationTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;balance sheet and income statement balances of the companies whose control is shared are shown below and refer to 100% of the&#13;companies&amp;#8217; results:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 30%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="5" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; font-style: italic; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-Venture&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; font-style: italic; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Joint-Operation&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; font-style: italic; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-Venture&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-Operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equity&#13;    interest (%)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;MRS&#13;    Log&amp;#237;stica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Transnordestina&#13;    Log&amp;#237;stica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equimac&#13;    S.A.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;It&amp;#225;&#13;    Energ&amp;#233;tica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;MRS&#13;    Log&amp;#237;stica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Transnordestina&#13;    Log&amp;#237;stica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;It&amp;#225;&#13;    Energ&amp;#233;tica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;34.94%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;47.26%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;50.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;48.75%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;34.94%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;47.26%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;48.75%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    sheet&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Current Assets&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;    and cash equivalents&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,206,484&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,390&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,351&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;48,919&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;670,296&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;17,166&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;65,793&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Advances&#13;    to suppliers&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;27,312&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,948&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;742&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20,100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,240&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;363&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    current assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;823,204&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;51,793&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,356&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;89,521&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,326,281&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;59,405&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15,955&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total current assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,057,000&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;55,131&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,707&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;139,182&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,016,677&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;79,811&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;82,111&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Noncurrent&#13;    Assets&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    non-current assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;608,878&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;225,492&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20,807&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;789,562&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;258,391&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;24,361&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments,&#13;    PP&amp;#38;E and intangible assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,537,009&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,574,588&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11,365&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;390,672&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;8,316,033&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,968,447&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;426,403&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total non-current&#13;    assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,145,887&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,800,080&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11,365&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;411,479&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;9,105,595&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,226,838&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;450,764&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11,202,887&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,855,211&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15,072&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;550,661&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11,122,272&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,306,649&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;532,875&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Current Liabilities&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&#13;    and financing&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;828,439&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;241,029&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;653,784&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;103,877&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lease&#13;    liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;317,526&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;256,034&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    current liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,117,975&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;125,794&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;602&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19,721&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,561,684&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;171,821&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,793&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total current liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,263,940&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;366,823&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;602&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;19,721&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,471,502&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;275,698&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;16,793&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Noncurrent&#13;    Liabilities&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&#13;    and financing&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,162,657&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,368,070&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,369,615&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,084,424&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lease&#13;    liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,674,594&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,650,758&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    non-current liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;788,862&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;665,653&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15,900&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;527,871&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;430,603&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,550&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total non-current&#13;    liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,626,113&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7,033,723&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15,900&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;4,548,244&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;6,515,027&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;16,550&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Shareholders&amp;#8217;&#13;    equity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,312,834&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,454,665&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;14,470&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;515,040&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;4,102,526&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,515,924&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;499,532&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    liabilities and shareholders&amp;#8217;&lt;br /&gt;equity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11,202,887&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,855,211&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;15,072&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;550,661&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11,122,272&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,306,649&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;532,875&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 28%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;01/01/2020&#13;    to 12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;01/01/2019&#13;    to 11/30/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;01/01/2019&#13;    to 12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="5" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-Venture&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-Operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-Venture&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-Operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equity&#13;    interest (%)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;MRS&#13;    Log&amp;#237;stica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Transnordestina&#13;    Log&amp;#237;stica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equimac&#13;    S.A.&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;It&amp;#225;&#13;    Energ&amp;#233;tica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;CBSI&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;MRS&#13;    Log&amp;#237;stica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Transnordestina&#13;    Log&amp;#237;stica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;It&amp;#225;&#13;    Energ&amp;#233;tica&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;34.94%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;47.26%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;50.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;48.75%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;50.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;34.94%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;46.30%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;48.75%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Statements&#13;    of Income&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;    revenue&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,604,965&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;35&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;2,308&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;173,426&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;267,436&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,200,809&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;163,048&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&#13;    of sales and services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,521,991)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(2,386)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(74,048)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(233,830)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(2,382,828)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(83,129)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gross profit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,082,974&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;35&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(78)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;99,378&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;33,606&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;817,981&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;79,919&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Operating&#13;    (expenses) income&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(105,267)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(42,108)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(576)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(67,885)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(12,328)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;207,840&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(18,077)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(62,660)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;    income (expenses), net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(330,756)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(19,186)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(4)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(764)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,460)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(268,089)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(18,386)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,183&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income before income tax and social&lt;br /&gt;contribution&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;646,951&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(61,259)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(658)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;30,729&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;19,818&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;757,732&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(36,463)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18,442&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td colspan="2" style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&#13;    and deferred income tax&lt;br /&gt;and social contribution&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(216,649)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(10,391)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(6,428)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(254,378)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6,147)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Profit / (loss)&#13;    for the period&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;430,302&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(61,259)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(658)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;20,338&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;13,390&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;503,354&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(36,463)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12,295&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfJointVenturesAndJointOperationsFinancialInformationTableTextBlock>
    <sid:ScheduleOfMeasurementOfRecoverableValueTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 2.85pt 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Measurement&#13;of recoverable value&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 2.85pt 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border: black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 50%; text-align: center; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal; border-image: none"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cash&#13;    Flow Projection&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 50%; text-align: center; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;By&#13;    2057&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gross&#13;    margin&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estimated&#13;    based on market study to capture cargo and operating costs according to market trend studies&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&#13;    estimate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Study-based&#13;    costs and market trends&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Perpetuity&#13;    growth rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Growth&#13;    rate was not considered as a result of the projection model until the end of the concession.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Discount&#13;    rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Range&#13;    from 5.83% to 7.41% in real terms&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:ScheduleOfMeasurementOfRecoverableValueTableTextBlock>
    <sid:SummaryOfInvestmentPropertiesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;balance of investment properties as of December 31, 2020 is shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="width: 43%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Land&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Buildings&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;68,877&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;32,318&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;101,195&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; text-align: right; padding-left: 12px; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;68,877&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; text-align: right; padding-left: 12px; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;53,816&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; text-align: right; padding-left: 12px; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;122,693&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accumulated depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(21,498)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(21,498)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;68,877&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;32,318&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;101,195&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Acquisitions&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;28,733&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;32,864&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;61,597&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Depreciation&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,786)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,786)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Write-off&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(132)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(132)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;97,610&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;62,264&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;159,874&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;97,610&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;86,548&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;184,158&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accumulated&#13;    depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(24,284)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(24,284)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;97,610&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;62,264&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;159,874&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfInvestmentPropertiesTableTextBlock>
    <sid:ScheduleOfAverageEstimatedUsefulLivesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;average estimated useful lives for the years are as follows (in years):&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 47%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Buildings&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;27&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;21&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:ScheduleOfAverageEstimatedUsefulLivesTableTextBlock>
    <sid:SummaryOfPropertyPlantAndEquipmentTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&lt;td style="width: 21%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Land&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Buildings&#13;    and Infrastructure&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Machinery,&#13;    equipment and facilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Furniture&#13;    and fixtures&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Construction&#13;    in progress&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Right&#13;    of use (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    (*)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;226,949&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,062,238&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;12,603,619&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;28,455&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,217,052&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;472,345&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;90,286&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;19,700,944&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;226,949&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,250,471&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;24,372,514&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;170,229&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,217,052&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;531,044&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;386,144&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;33,154,403&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accumulated&#13;    depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,188,233)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11,768,895)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(141,774)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(58,699)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(295,858)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(13,453,459)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;226,949&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,062,238&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;12,603,619&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;28,455&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,217,052&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;472,345&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;90,286&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;19,700,944&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    of foreign exchange differences&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;30,271&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;57,838&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;186,591&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,416&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,727&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,329&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,823&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;287,995&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Acquisitions&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;654&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;865&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;122,744&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;874&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,583,054&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;49,934&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,156&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,762,281&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Capitalized&#13;    interest (1) (notes 28 and 33)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;92,506&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;92,506&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Write-offs&#13;    (note 27)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(188)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,073)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(33)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(9)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(7,318)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,377)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(12,998)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Depreciation&#13;    (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(458)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(780,395)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,564,525)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(6,747)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(62,680)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(24,517)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,439,322)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfers&#13;    to other asset categories&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;458&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;67,574&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,112,024&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,338&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,212,373)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;30,979&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfers&#13;    to intangible assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,633)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,633)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Right&#13;    of use - Remesurement&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;60,058&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;60,058&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Update&#13;    of the ARO (Asset retirement obligation)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;269,445&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;269,445&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(48)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(53)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;257,686&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,677,565&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;12,457,383&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;26,297&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,680,322&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;516,668&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100,302&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;19,716,223&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;257,686&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,752,412&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;26,213,225&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;182,974&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,680,322&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;634,786&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;414,705&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;36,136,110&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accumulated&#13;    depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,074,847)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(13,755,842)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(156,677)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(118,118)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(314,403)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(16,419,887)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;257,686&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,677,565&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;12,457,383&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;26,297&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,680,322&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;516,668&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100,302&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;19,716,223&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 12pt"&gt;&#13;  &lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="width: 34%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 5%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 6%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: white"&gt;&#13;    &lt;td style="vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Land&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Buildings and Infrastructure&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Machinery, equipment and facilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Furniture and fixtures&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Construction in progress&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Right of use (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Other (*)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Balance at December 31, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;287,854&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;2,678,638&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;11,687,271&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;30,530&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;3,282,436&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;-&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;80,135&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;18,046,864&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;287,854&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;3,751,429&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;22,426,782&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;165,331&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;3,282,436&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;355,768&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;30,269,600&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Accumulated depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(1,072,791)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(10,739,511)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(134,801)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(275,633)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(12,222,736)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Balance at December 31, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;287,854&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;2,678,638&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;11,687,271&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;30,530&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;3,282,436&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;-&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;80,135&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;18,046,864&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Effect of foreign exchange differences&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;1,499&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;2,978&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;8,033&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;106&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;2,464&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;56&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;15,136&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Acquisitions&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;6,125&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;16,116&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;459,460&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;1,763&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;1,924,520&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;43,111&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;41,574&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;2,492,669&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Capitalized interest (1) (notes 28 and 33)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;13.0&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;117,176&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;117,189&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Write-offs (note 27)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(2,143)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(130)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(80,426)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(30,400)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(1,354)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(149)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(114,603)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Depreciation (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(135,313)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(1,241,026)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(5,999)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(58,843)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(25,038)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(1,466,219)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Transfers to other asset categories&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;790&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;294,872&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;1,766,047&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;2,629&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(2,053,290)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(11,048)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Transfers to intangible assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(31)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(11,865)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(11,896)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Right of use - initial recognition&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;640,989&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;640,989&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Right of use - Remesurement&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(151,558)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(151,558)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Update of the ARO (Asset retirement obligation)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;225,125&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;225,125&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Transfers to investment property&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(67,176)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(20,030)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(13,989)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(101,195)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Consolidation CBSI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;4,940&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(573)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;4,756&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;9,123&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(680)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(680)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Balance at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;226,949&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;3,062,238&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;12,603,619&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;28,455&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;3,217,052&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;472,345&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;90,286&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;19,700,944&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;226,949&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;4,250,471&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;24,372,514&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;170,229&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;3,217,052&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;531,044&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;386,144&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;33,154,403&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Accumulated depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(1,188,233)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(11,768,895)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(141,774)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt"&gt;&amp;#160;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(58,699.0)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(295,858)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(13,453,459)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Balance at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;226,949&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;3,062,238&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;12,603,619&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;28,455&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;3,217,052&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;472,345&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;90,286&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;19,700,944&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;/table&gt;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;Refer substantially to: &lt;b&gt;i)&lt;/b&gt; in the consolidated picture: assets for railway use, such as yards, rails, mines and dormant;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 7.1pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The cost of capitalized interest is calculated,&#13;    basically, for Mining projects that substantially refer to the expansion of Casa de Pedra (MG) and TECAR (RJ) - see notes&#13;    28 and 33. The average rate used for the capitalization of interest on non-specific projects in the period ended December&#13;    31 2020 was 5.62% per year (6.58% per year as of December 31, 2019).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfPropertyPlantAndEquipmentTableTextBlock>
    <sid:ScheduleOfRightsOfUseTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Below&#13;the movements of the right of use recognized on December 31, 2020 and 2019:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 41%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Land&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Buildings&#13;    and Infrastructure&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Machinery,&#13;    equipment and facilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance at December&#13;    31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;380,566&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;64,154&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;24,144&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,481&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;472,345&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;401,746&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;73,344&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;39,455&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;16,499&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;531,044&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accumulated&#13;    depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(21,180)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(9,190)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(15,311)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(13,018)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(58,699)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;380,566&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;64,154&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;24,144&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,481&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;472,345&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    of foreign exchange differences&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;988&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;294&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,047&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,329&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Addition&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,039&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,561&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23,720&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;12,614&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49,934&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Remesurement&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;34,645&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,827&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;21,557&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;29&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;60,058&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Depreciation&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(24,467)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(983)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(14,211)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(23,019)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(62,680)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Write-offs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(6,580)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(399)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(339)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(7,318)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfers to other asset categories&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(188)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(6,062)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,558)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9,808&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance at December&#13;    31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;393,015&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;66,086&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;51,946&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,621&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;516,668&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;434,689&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;75,882&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;81,598&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;42,617&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;634,786&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accumulated&#13;    depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(41,674)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,796)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(29,652)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(36,996)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(118,118)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;393,015&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;66,086&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;51,946&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,621&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;516,668&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 41%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Land&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Buildings&#13;    and Infrastructure&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Machinery,&#13;    equipment and facilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Initial recognition&#13;    &amp;#8211; Rights of use&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;556,133&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;54,513&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;9,783&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;20,560&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;640,989&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Addition&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;6,719&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;34,197&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,195&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;43,111&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Remeasurement&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(152,915)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,112&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,525)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(6,230)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(151,558)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(21,314)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(9,190)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(15,311)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(13,028)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(58,843)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Write-off&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,338)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(16)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,354)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance at December&#13;    31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;380,566&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;64,154&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;24,144&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,481&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;472,345&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;401,746&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;73,344&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;39,455&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,499&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;531,044&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accumulated depreciation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(21,180)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,190)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(15,311)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(13,018)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(58,699)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance at December&#13;    31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;380,566&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;64,154&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;24,144&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,481&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;472,345&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:ScheduleOfRightsOfUseTableTextBlock>
    <sid:SummaryOfEstimatedUsefulLivesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;average estimated useful lives for the years are as follows (in years):&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 47%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Buildings and Infrastructure&lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;34&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;38&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Machinery, equipment and facilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;21&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Furniture and fixtures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;14&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&#13;The decrease was caused by the review of the useful lives of dams infrastructure as a result of technical and functional obsolescence&#13;recorded in 2020 as a result of the use of filter and stack dry tailings in our iron ore production.&lt;/font&gt;&lt;/p&gt;</sid:SummaryOfEstimatedUsefulLivesTableTextBlock>
    <sid:SummaryOfIntangibleAssetsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: bottom"&gt;&lt;td style="width: 31%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Goodwill&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Customer&#13;    relationships&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Software&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trademarks&lt;br /&gt;and&lt;br /&gt;patents&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Rights&#13;    and licenses (*)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,606,156&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;246,139&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;53,859&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;153,103&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,170,960&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,564&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,231,781&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Cost&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,846,563&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;585,407&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;171,152&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;153,103&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,189,789&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,564&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;7,947,578&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Accumulated&#13;    amortization&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(131,077)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(339,268)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(117,293)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(18,829)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(606,467)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Adjustment&#13;    for accumulated recoverable value&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(109,330)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(109,330)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,606,156&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;246,139&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;53,859&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;153,103&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,170,960&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,564&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,231,781&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    of foreign exchange differences&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;94,998&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;584&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;62,429&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;638&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;158,649&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Acquisitions&#13;    and expenditures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,837&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,837&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfer&#13;    of property, plant and equipment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;633&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,633&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amortization&#13;    (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(63,096)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11,248)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(5,611)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(79,955)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(151)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(151)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,606,156&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;278,041&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;45,665&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;215,532&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,169,349&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;2,051&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,316,794&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Cost&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,846,563&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;823,540&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;182,059&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;215,532&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,193,787&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;2,051&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;8,263,532&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Accumulated&#13;    amortization&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(131,077)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(545,499)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(136,394)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(24,438)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(837,408)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Adjustment&#13;    for accumulated recoverable value&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(109,330)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(109,330)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,606,156&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;278,041&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;45,665&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;215,532&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,169,349&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;2,051&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,316,794&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 31%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Goodwill&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Customer&#13;    relationships&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Software&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trademarks&lt;br /&gt;and&lt;br /&gt;patents&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Rights&#13;    and licenses (*)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,590,931&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;288,773&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;54,972&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;150,009&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,166,999&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,491&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,253,175&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Cost&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,831,338&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;573,614&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;161,067&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;150,009&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,185,701&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,491&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;7,903,220&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Accumulated&#13;    amortization&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(131,077)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(284,841)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(106,095)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(18,702)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(540,715)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Adjustment&#13;    for accumulated recoverable value&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(109,330)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(109,330)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,590,931&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;288,773&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;54,972&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;150,009&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,166,999&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,491&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,253,175&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    of foreign exchange differences&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,711&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,092&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;33&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;7,839&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Acquisitions&#13;    and expenditures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;$0.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,387&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;40&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,427&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfer&#13;    of property, plant and equipment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;$0.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;7,808&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,088&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11,896&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Amortization&#13;    (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(47,345)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(10,657)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(127)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(58,129)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Goodwill&#13;    - acquisition 50% CBSI (note 8.d)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;15,225&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15,225&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Consolidated&#13;    CBSI on November 30, 2019&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;346&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;348&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,606,156&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;246,139&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;53,859&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;153,103&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,170,960&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,564&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,231,781&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Cost&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,846,563&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;585,407&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;171,152&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;153,103&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,189,789&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,564&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;7,947,578&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Accumulated&#13;    amortization&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(131,077)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(339,268)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(117,293)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(18,829)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(606,467)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Adjustment&#13;    for accumulated recoverable value&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(109,330)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(109,330)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    at December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,606,156&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;246,139&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;53,859&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;153,103&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,170,960&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,564&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,231,781&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;Composed mainly of mining rights. Amortization is based on production volume.&lt;/font&gt;&lt;/p&gt;</sid:SummaryOfIntangibleAssetsTableTextBlock>
    <sid:SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;average useful life by nature is as follows (in years):&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 47%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 26%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Software&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Customer relationships&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock>
    <sid:SummaryOfCashGeneratingUnitsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The CGUs with intangible assets in this situation are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td style="width: 23%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Goodwill&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Trademarks&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cash&#13;    generating of units&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Segment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Packaging &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Steel&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;158,748&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;158,748&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;158,748&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;158,748&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Long steel &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Steel&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;235,595&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;235,595&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;215,532&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;153,103&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;451,127&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;388,698&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Mining &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(3)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Mining&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,196,588&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,196,588&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,196,588&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,196,588&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other Steel &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(4)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Steel&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;15,225&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;15,225&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;15,225&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;15,225&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,606,156&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,606,156&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;215,532&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;153,103&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,821,688&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,759,259&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&#13;&lt;font style="line-height: 115%"&gt;The goodwill of the Packaging cash-generating unit is shown net of impairment loss in the amount&#13;of R$109,330, recognized in 2011&lt;/font&gt;.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&#13;The goodwill and trademark that are recorded in line item intangible assets at long steel segment, those transactions are derived&#13;from the business combination of Stahlwerk Thuringen GmbH ("SWT") and Gallardo Sections CSN. The assets mentioned are considered&#13;to have indefinite useful lives as they are expected to contribute indefinitely to the Company's cash flows.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&#13;Refers to the goodwill based on expectations for future profitability, resulting from the acquisition of Namisa by CSN Minera&amp;#231;&amp;#227;o&#13;concluded in December 2015, which recoverability is tested annually.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4)&#13;On November 29, 2019, CSN acquired the stake held by CKTR Brasil Servi&amp;#231;os Ltda., corresponding to 50% of CBSI's shares, and&#13;now holds 100% of CBSI's share capital.&lt;/font&gt;&lt;/p&gt;</sid:SummaryOfCashGeneratingUnitsTableTextBlock>
    <sid:SummaryOfAssumptionsForIntangibleAssetImpairmentTestTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;main assumptions used in the calculation of the value in use on December 31, 2020, are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="border: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 13%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal; border-image: none"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 15%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Packaging&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 16%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Mining&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 16%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    Steelmaking&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 16%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Flat&#13;    Steel&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 24%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Logistics&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Measurement&#13;    of recoverable value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;DCF&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;DCF&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;DCF&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;DCF&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;DCF&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cash&#13;    Flow Projection&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Until&#13;    2030 + perpetuity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Until&#13;    2064&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Until&#13;    2030 + perpetuity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Until&#13;    2030 + perpetuity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;by&#13;    2027&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross&#13;    margin&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Update&#13;    of gross margin based on historical data, incorporation of the impacts of business restructuring and market trends.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;It&#13;    reflects projection of costs due to the progress of the mining plan as well as startup and project ramp up. Prices and exchange&#13;    rates projected according to sectoral reports.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Update&#13;    of gross margin based on historical data and market trends.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Update&#13;    gross margin based on historical data and market trends.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estimated&#13;    based on market study to capture cargo and operating costs according to market trend studies&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Update&#13;    costs&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Update&#13;    of costs based on historical data for each product and incorporation of the impacts of business restructuring.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Update&#13;    of costs based on historical data, progress of the mining plan as well as startup and project ramp up&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Update&#13;    of costs based on historical data and market trends.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Update&#13;    of costs based on historical data and market trends.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Study-based&#13;    costs and market trends&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Perpetuity&#13;    growth rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;No&#13;    growth.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Without&#13;    perpetuity.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;No&#13;    growth.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Growth&#13;    of 1.4% per year in real terms, updated by long-term inflation of 1.7% per year in the Eurozone.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Without&#13;    perpetuity.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 13%; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Discount&#13;    Rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; width: 87%; vertical-align: bottom; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;For&#13;    packaging, cash flow was discounted using a discount rate of around 8% per year in real terms. For mining, flat steel and&#13;    other steel (CBSI), cash flows were discounted using a discount rate between 7% to 9.5% pa in nominal terms. For logistics,&#13;    cash flow was discounted using a discount rate between 5.87% to 6.40% pa in real terms. The discount rate was based on the&#13;    weighted average cost of capital (&amp;#8220;WACC&amp;#8221;) which reflects the specific risk of each segment.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;refer to the assets of the subsidiary Lusosider, located in Portugal. The discount rate was applied to the discounted cash flow&#13;prepared in Euros, the functional currency of this subsidiary.&lt;/font&gt;&amp;#160;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(**)&#13;refer to the assets of the subsidiary FTL - Ferrovia Transnordestina Log&amp;#237;stica SA&lt;/font&gt;&lt;/p&gt;</sid:SummaryOfAssumptionsForIntangibleAssetImpairmentTestTableTextBlock>
    <sid:SummaryOfBorrowingsFinancingAndDebenturesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;balances of loans, financing and debentures that are recorded at amortized cost are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8.5pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 31%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Current&#13;    Liabilities&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Noncurrent&#13;    Liabilities&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Albertus Medium; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Foreign Debt&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Floating Rates:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Prepayment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;sup&gt;&amp;#160;&amp;#160;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,119,558&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,769,975&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,457,105&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,563,928&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fixed&#13;    Rates:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bonds,&#13;    Perpetual bonds and Advance on Foreign Exchange Contract&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;sup&gt;&amp;#160;&amp;#160;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;426,676&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,047,032&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;19,898,213&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;10,177,517&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Intercompany&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; vertical-align: top; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fixed&#13;    interest in EUR&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Intercompany&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Facility&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;326,970&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;223,204&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;143,503&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;147,241&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,873,204&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;4,040,211&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;23,498,821&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;12,888,686&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Debt agreements&#13;    in Brazil&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Floating Rate Securities&#13;    in R$:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;BNDES/FINAME,&#13;    Debentures, NCE and CCB&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;sup&gt;&amp;#160;&amp;#160;(3)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,282,279&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,086,985&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;7,716,307&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;10,049,783&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fixed&#13;    Rate Securities in R$:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Intercompany&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;25,038&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,282,279&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,112,023&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,716,307&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;10,049,783&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Borrowings and Financing&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;4,155,483&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,152,234&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;31,215,128&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;22,938,469&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transaction Costs and&#13;    Issue Premiums&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(29,030)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(26,391)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(70,928)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(97,276)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Borrowings and Financing + Transaction cost&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8pt; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,126,453&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,125,843&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;31,144,200&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;22,841,193&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In 2020, the Company&#13;    renegotiated part of the Prepayment debt in the total amount of U$311 million, postponing part of the maturities of 2020 and&#13;    2021 to 2022.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In 2020, the Company&#13;    issued debt securities representing the foreign market (&amp;#8220;Notes&amp;#8221;), through its subsidiary CSN Inova Ventures, with&#13;    maturity in 2028 and interest rate of 6.75% per year, totaling US$1, 3 billion, of which US$1 billion in January and US$300&#13;    million in November. Additionally, we used US$263 million in the repurchase offer (&amp;#8220;Tender Offer&amp;#8221;) of the Notes&#13;    issued by CSN Resources SA in January 2020. All Notes mentioned above are unconditionally and irrevocably guaranteed by the&#13;    Company.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In June 2020, the&#13;    Company renegotiated a debt rollover in the amount of R$300 million, shifting the maturities of 2020 to the years 2021, 2022&#13;    and 2023.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfBorrowingsFinancingAndDebenturesTableTextBlock>
    <sid:SummaryOfAverageInterestRateOnBorrowingsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table shows the average interest rate:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 42%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 28%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; width: 28%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Average&#13;    interest rate (i)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    debt&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6.63%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;24,901,552&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;EUR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.50%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;470,473&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.82%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;9,998,586&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;35,370,611&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 13.95pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(i)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;To determine the&#13;    average interest rate on debt contracts with floating rates, the Company used the rates applied on December 31, 2020. In The&#13;    Company, it considers the interest rate of the contracts &lt;i&gt;intercompany&lt;/i&gt;.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfAverageInterestRateOnBorrowingsTableTextBlock>
    <sid:SummaryOfMaturitiesOfBorrowingsFinancingAndDebenturesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: top"&gt;&lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;13.a)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Maturities of&#13;    loans, financing and debentures presented in current and non-current liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 21%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 31%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 25%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; width: 20%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Principal&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Borrowings&#13;    and financing in foreign currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Borrowings&#13;    and financing in national currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,873,204&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,282,279&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,155,483&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2022&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,683,224&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,859,423&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,542,647&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2023&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,567,133&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,036,338&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,603,471&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2024&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;178,033&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,238,275&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,416,308&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2025&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;68,595&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;68,595&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2026&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,118,021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;68,587&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,186,608&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;After 2026&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,755,710&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;445,089&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,200,799&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Perpetual bonds&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,196,700&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,196,700&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;25,372,025&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,998,586&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;35,370,611&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfMaturitiesOfBorrowingsFinancingAndDebenturesTableTextBlock>
    <sid:SummaryOfNewFundingTransactionsAndAmortizationTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table shows amortization and funding during the year:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 44%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 27%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 27%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Opening balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;27,967,036&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;28,827,074&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;New debts&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;8,116,247&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10,149,381&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Repayment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(6,448,658)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(11,775,093)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Payments of charges&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,922,130)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,039,112)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accrued charges (Note 28)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;2,002,052&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,996,305&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Consolidation of CBSI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;19,722&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&amp;#160;&amp;#160;&lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;5,556,106&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;788,759&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Closing balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;35,270,653&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;27,967,036&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Including unrealized exchange and monetary variations&#13;    and funding cost.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfNewFundingTransactionsAndAmortizationTableTextBlock>
    <sid:SummaryOfGroupCapturesAndAmortizedLoansTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Funding and Amortization&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 37%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 20%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 20%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 20%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Nature&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;New&#13;    debts&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Repayment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Interest&#13;    payment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top-color: black; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Prepayment&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;177,420&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,028,606)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(245,125)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Bonds, Perpetual bonds, ACC, CCE and Facility&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;7,917,929&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(4,458,888)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,237,396)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;BNDES/FINAME, Debentures, NCE and CCB&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;20,898&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(961,164)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(439,609)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;8,116,247&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(6,448,658)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(1,922,130)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfGroupCapturesAndAmortizedLoansTableTextBlock>
    <sid:SummaryOfFinancialInstrumentsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: top"&gt;&lt;td style="width: 21.3pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Classification&#13;    of financial instruments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 28%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 5%; vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td rowspan="3" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Notes&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Measured&#13;    at amortized cost&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balances&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Measured&#13;    at amortized cost&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balances&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;    and cash equivalents&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,944,586&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,944,586&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,088,955&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,088,955&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Short-term&#13;    investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,305,109&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;478,253&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,783,362&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,114,620&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;518,553&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,633,173&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    receivables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;6&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,867,352&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,867,352&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,047,931&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,047,931&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends&#13;    and interest on equity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;38,088&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;38,088&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;44,554&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;44,554&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,364&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,364&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trading&#13;    securities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;5,065&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;5,065&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,034&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,034&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,310,174&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;13,328,279&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;16,638,453&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,120,018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,699,993&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,820,011&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;123,409&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;123,409&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;95,719&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;95,719&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    trade receivables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,445&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,445&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;7,059&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;7,059&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Eletrobr&amp;#225;s&#13;    compulsory loan&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;852,532&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;852,532&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;845,284&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;845,284&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Receivables&#13;    by indemnity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;517,183&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;517,183&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loans&#13;    - related parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;966,050&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;966,050&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;846,300&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;846,300&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;10&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;59,879&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;59,879&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;47,300&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;47,300&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,203&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,203&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;59,879&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,461,619&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,521,498&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;51,503&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,794,362&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,845,865&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,370,053&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;15,789,898&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;19,159,951&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,171,521&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,494,355&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7,665,876&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&#13;    and financing&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;13&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,155,483&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,155,483&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,152,234&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,152,234&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,819,539&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,819,539&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,012,654&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,012,654&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    payables -&amp;#160;&amp;#160;drawee risk&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;15&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;623,861&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;623,861&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,121,312&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,121,312&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends&#13;    and interest on capital&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;15&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;946,133&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;946,133&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;13,252&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;13,252&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;93,626&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;93,626&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;35,040&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;35,040&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;8,722&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;8,722&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;8,722&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;10,638,642&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;10,647,364&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,334,492&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,334,492&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&#13;    and financing&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;13&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;31,215,128&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;31,215,128&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;22,938,469&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;22,938,469&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;17&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;543,527&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;543,527&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;97,535&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;97,535&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 36px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;16&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;436,505&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;436,505&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;439,350&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;439,350&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;97,535&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;32,195,160&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;32,292,695&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;23,377,819&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;23,377,819&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;106,257&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;42,833,802&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;42,940,059&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;32,712,311&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;32,712,311&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfFinancialInstrumentsTableTextBlock>
    <sid:SummaryOfFinancialInstrumentsAtFairValueThroughProfitOrLossTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;table below shows the financial instruments recorded at fair value through profit or loss, classifying them according to the fair&#13;value hierarchy:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; width: 34%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 10%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 10%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balances&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Level&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balances&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    assets at fair value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;    investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,305,109&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,305,109&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;2,114,620&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,114,620&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,364&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,364&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trading&#13;    securities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,065&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;5,065&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,034&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,034&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    assets at fair value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;59,879&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;59,879&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;47,300&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;47,300&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,203&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,203&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,370,053&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,370,053&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;2,165,954&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,567&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,171,521&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    liabilities at fair value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,722&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;8,722&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    liabilities at fair value through profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative&#13;    financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;97,535&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;97,535&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;106,257&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;106,257&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfFinancialInstrumentsAtFairValueThroughProfitOrLossTableTextBlock>
    <sid:ScheduleOfOtherOperatingIncomeAndExpensesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;accordance with the Company&amp;#8217;s policy, the gains and losses arising from the variation in the share price are recorded directly&#13;in the income statement as financial result in the case of financial investments, or as other operating income and expenses in&#13;the case of long-term investments.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Class&#13;    of shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-size: 11pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Quantity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; border-top-color: black; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equity&#13;    interest (%)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; border-top-color: black; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Share&#13;    price&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; border-top-color: black; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Closing&#13;    Balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Quantity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Equity&#13;    interest (%)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; border-top-color: black; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Share&#13;    price&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Closing&#13;    Balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value adjustment recognized in profit or loss (note 27 and 28)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="width: 10%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;USIM3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;107,156,651&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15.19%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;15.69&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,681,288&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;107,156,651&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15.19%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9.87&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,057,636&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;623,652&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(168,236)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;USIM5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;111,144,456&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20.29%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;14.61&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,623,821&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;111,144,456&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20.29%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9.51&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,056,984&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;566,837&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;32,232&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,305,109&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;2,114,620&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,190,489&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(136,004)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;PATI3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;2,065,529&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11.31%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;28.99&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;59,879&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;2,065,529&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11.31%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;22.90&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;47,300&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,579&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17,224&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 11pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,364,988&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;2,161,920&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,203,068&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(118,780)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:ScheduleOfOtherOperatingIncomeAndExpensesTableTextBlock>
    <sid:SummaryOfForeignExchangeExposureTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;consolidated net exposure as of December 31, 2020 is shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-size: 12pt; width: 44%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 27%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 27%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Foreign&#13;    Exchange Exposure&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(Amounts&#13;    in US$&amp;#8217;000)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(Amounts&#13;    in &amp;#8364;&amp;#8217;000)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash and cash equivalents overseas&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;664,951&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13,372&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade receivables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;387,039&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;2,560&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;23,748&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Other assets&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;9,158&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,474&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,084,896&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;20,406&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings and financing&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(4,812,268)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(139,672)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,258)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Iron ore derivative&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(172)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(9,305)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,010)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(4,961,417)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(10,268)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: top; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Foreign&#13;    exchange exposure&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(3,876,521)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10,138&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash flow hedge&#13;    accounting&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,992,200&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: top"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange rate swap&#13;    CDI x Dollar&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(67,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    foreign exchange exposure&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;48,679&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10,138&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfForeignExchangeExposureTableTextBlock>
    <sid:SummaryOfCurrenciesUsedInSensitivityAnalysisTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;currencies used in the sensitivity analysis and their respective scenarios are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 20%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 19%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 19%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 19%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 19%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Exchange&#13;    rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Probable&#13;    scenario&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;USD&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5.1967&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5.2617&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.4959&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;7.7951&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;EUR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.3779&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6.3867&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;7.9724&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;9.5669&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;USD x EUR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1.2271&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1.2124&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1.5339&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1.8407&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;</sid:SummaryOfCurrenciesUsedInSensitivityAnalysisTableTextBlock>
    <sid:SummaryOfSensitivityAnalysisEffectsOnIncomeStatementTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.05pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;effects on the result, considering scenarios 1 and 2 are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.05pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 30%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Instruments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Notional&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Risk&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Probable&#13;    scenario (*) R$&lt;br /&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    1 R$&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    2 R$&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gross exchange position&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,876,521)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(251,974)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(5,036,279)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(10,072,558)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash flow hedge accounting&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,992,200&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;259,493&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;5,186,566&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;10,373,133&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange rate swap CDI x Dollar&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(67,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(4,355)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(87,045)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(174,089)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net exchange position&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;48,679&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Dollar&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,164&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;63,242&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;126,486&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net exchange position&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;10,138&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Euro&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;89&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;16,165&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;32,330&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Exchange rate swap&#13;    Dollar x Euro&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;40,697&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Dollar&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,264&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;50,134&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;78,337&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;The probable scenarios were calculated considering the following variations for risks: Real x Dollar - devaluation of the Real&#13;by 1.25% / Real x Euro - devaluation of the Real by 0.14% / Euro x Dollar - appreciation of Euro by 1.20%. Source: Central Bank&#13;of Brazil and European Central Bank quotations on 1/14/2021.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;</sid:SummaryOfSensitivityAnalysisEffectsOnIncomeStatementTableTextBlock>
    <sid:ScheduleOfSensitivityAnalysisEffectsOnClassOfSharesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;effects on the result, considering the probable scenarios, 1 and 2 are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 28%; vertical-align: bottom; font-weight: bold; text-align: left; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Class&#13;    of shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: left; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Probable&#13;    scenario&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: left; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: left; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: top; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;USIM3&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(84,064)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(420,322)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(840,644)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: top; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;USIM5&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(81,191)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(405,955)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(811,910)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: top; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;PATI3&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,994)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(14,970)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(29,940)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;/p&gt;</sid:ScheduleOfSensitivityAnalysisEffectsOnClassOfSharesTableTextBlock>
    <sid:SummaryOfSensitivityAnalysisOfInterestRateSwapsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;interest rates used in the sensitivity analysis and their respective scenarios are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 36%; vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Interest&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Calibri, Helvetica, Sans-Serif; width: 1%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Interest&#13;    Rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Calibri, Helvetica, Sans-Serif; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 1%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CDI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.90%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.38%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.85%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;TJLP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.55%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5.69%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6.38%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;LIBOR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.26%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.32%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.39%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;effects on the result, considering scenarios 1 and 2 are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="font-size: 10pt; width: 22%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 12%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 12%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 12%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 12%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 12%; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 12%; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Impact&#13;    on profit or loss&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Changes&#13;    in interest rates&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Calibri, Helvetica, Sans-Serif; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;%&#13;    p.a&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Calibri, Helvetica, Sans-Serif; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Calibri, Helvetica, Sans-Serif; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Probable&#13;    scenario (*)&lt;br /&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    1&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-size: 10pt; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Scenario&#13;    2&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CDI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1.90&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;5,779,452&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(9,104,416)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(10,673)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(15,794)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(31,588)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;TJLP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4.55&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(817,374)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(2,155)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(9,298)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(18,596)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Libor&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;0.26&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(4,533,341)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(43,321)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,920)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(5,840)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;The sensitivity analysis is based on the premise of maintaining the market values as of December 31, 2020 as a probable scenario&#13;recorded in the company&amp;#8217;s assets and liabilities.&lt;/font&gt;&lt;/p&gt;</sid:SummaryOfSensitivityAnalysisOfInterestRateSwapsTableTextBlock>
    <sid:SummaryOfDollarEuroSwapTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company has derivative transactions with Banco Bradesco to protect its debt in NCE raised in September 2019 with maturity in October&#13;2023 in the amount of US$67 million (equivalent to R$278 million) at a cost compatible with that usually practiced by the Company.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 12pt"&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="width: 26%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 17%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 8%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 1%; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; width: 10%; border-bottom: black 1pt solid; font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Appreciation (R$)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Fair value (market)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Impact on financial income (expenses) in 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Counterparties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Maturity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Functional Currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Notional amount&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Asset position&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Liability position&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;Amounts receivable / (payable)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Exchange rate swap Dollar x Euro&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;04/26/2021 to 06/08/2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;17,377&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;90,315&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;&amp;#160;(93,823)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(3,508)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(4,749)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Exchange rate swap Dollar x Euro&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;01/06/2021 a 06/11/2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;23,320&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;121,207&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(125,528)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(4,321)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(4,321)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&lt;i&gt;Total dollar-to-euro swap&lt;/i&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;40,697&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;211,522&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;(219,351)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;(7,829)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;(9,070)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;i&gt;Exchange rate swap GBP x Euro&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Settled&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;GBP&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;3,956&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(602)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td colspan="3" style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&lt;i&gt;Total Swap GBP x Euro&lt;/i&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;3,956&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;(602)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;i&gt;Exchange rate swap CDI x Dollar&amp;#160;&lt;/i&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;02/10/2023&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;Dollar&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(67,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;289,544&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(387,079)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&amp;#160;(97,535)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;(106,143)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&lt;i&gt;Total Swap CDI x dollar&lt;/i&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;(67,000)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;289,544&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;(387,079)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;(97,535)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;(106,143)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr&gt;&#13;    &lt;td style="font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: right"&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;tr style="background-color: #D9E1F2"&gt;&#13;    &lt;td colspan="5" style="font-family: Times New Roman,serif"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;501,066&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;(606,430)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(105,364)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-family: Times New Roman,serif; text-align: center"&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"&gt;&lt;font style="font: 8pt Arial,sans-serif"&gt;&lt;b&gt;(115,815)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;  &lt;/table&gt;</sid:SummaryOfDollarEuroSwapTableTextBlock>
    <sid:SummaryOfHedgingInstrumentsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;table below presents a summary of the relations of &lt;i&gt;hedge&lt;/i&gt; as of December 31, 2020:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Designation&#13;    Date&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Hedging&#13;    Instrument&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Hedged&#13;    item&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Type&#13;    of hedged risk&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Hedged&#13;    period&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Exchange&#13;    rate on designation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Designated&#13;    amounts (US$&amp;#8217;000)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Amortizated&#13;    part (USD'000)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Effect&#13;    on Result (*) (R$'000)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Impact&#13;    on Shareholders' equity (R$'000)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12/18/2014&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;May&#13;    2020&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.6805&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;30,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(30,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(82,374)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12/18/2014&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;May&#13;    2020&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.678&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;35,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(35,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(96,190)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12/18/2014&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;May&#13;    2020&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.676&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;35,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(35,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(96,261)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;07/21/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;July&#13;    2019 - March 2021&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.1813&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;60,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(45,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(58,475)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(30,231)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;07/23/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;July&#13;    2019 - March 2021&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.285&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;100,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(75,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(92,026)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(47,793)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;07/23/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;August&#13;    2018 - October 2022&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.285&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;30,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(18,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(14,185)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(22,940)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;07/24/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;August&#13;    2018 - October 2022&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.3254&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;100,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(60,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(46,474)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(74,852)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;07/27/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;August&#13;    2018 - October 2022&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.3557&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;25,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(15,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(11,467)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(18,410)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;07/27/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;August&#13;    2018 - October 2022&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.3557&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;70,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(42,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(32,108)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(51,548)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;07/27/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;August&#13;    2018 - October 2022&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.3557&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;30,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(18,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(13,760)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(22,092)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;07/28/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;August&#13;    2018 - October 2022&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.3815&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;30,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(18,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(13,605)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(21,782)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3/8/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Export&#13;    prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;July&#13;    2018 - October 2022&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.394&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;355,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(276,500)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(338,777)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(141,512)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2/4/2018&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bonds&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;July&#13;    2018 - February 2023&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.3104&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,170,045&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(820,045)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(306,189)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(660,205)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;07/31/2019&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bonds&#13;    and Export prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;January&#13;    2020 - April 2026&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.7649&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,342,761&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(247,061)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(329,966)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,568,823)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10/1/2020&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bonds&#13;    without express maturity and Export prepayments in US$ to third parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;March&#13;    2020 - December 2050&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.0745&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,416,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(102,000)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(136,029)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,474,571)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;01/28/2020&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Bonds&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Part&#13;    of the highly probable future monthly iron ore exports&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. US$ spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;March&#13;    2017 - January 2028&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.2064&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,000,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(990,299)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;5,828,806&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(1,836,606)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(1,667,886)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(5,125,058)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;On December 31, 2020, the amount of (R$1,667,886) was recorded in Other Operating Expenses. As of December 31, 2019, (R$790,353).&lt;/font&gt;&lt;/p&gt;</sid:SummaryOfHedgingInstrumentsTableTextBlock>
    <sid:SummaryOfChangesInHedgeAccountingTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;The&#13;changes in the hedge accounting amounts recognized in shareholders&amp;#8217; equity as of December 31, 2020 are as follows&lt;/font&gt;&#13;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 33%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Movement&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Realization&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash flow hedge accounting&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,255,770&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5,537,174&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,667,886)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5,125,058&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfChangesInHedgeAccountingTableTextBlock>
    <sid:ScheduleOfReclassifiedToOtherOperatingIncomeAndExpensesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;table below shows the result of the derivative instrument on December 31, 2020 recognized in Other Comprehensive Income and, when&#13;carrying out shipments, the amount reclassified to Other Operating Income and Expenses:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 21%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Appreciation&#13;    (R$)&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Fair&#13;    value (market)&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Other&#13;    income and expenses&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Other&#13;    comprehensive income&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Exchange&#13;    variation&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Maturity&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Notional&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Asset&#13;    position&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Liability&#13;    position&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Amounts&#13;    receivable / (payable)&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;09/02/2020 (Settled)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Platts&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(31,678)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(136)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;10/02/2020 (Settled)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Platts&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(132,997)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(9,051)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;11/04/2020 (Settled)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Platts&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(85,164)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(7,301)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12/02/2020 (Settled)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Platts&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(33,310)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;52&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2/2/2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Platts&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;486,852&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(493,925)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(7,073)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(6,888)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(185)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2/3/2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Platts&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;527,684&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(521,504)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,180&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;6,063&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;117&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,014,536&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(1,015,429)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(893)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(283,149)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(825)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(16,504)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:ScheduleOfReclassifiedToOtherOperatingIncomeAndExpensesTableTextBlock>
    <sid:ScheduleOfChangesInHedgeAccountingPlattsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;change in the amounts related to cash flow hedge accounting - &amp;#8220;Platts&amp;#8221; index recorded in shareholders&amp;#8217; equity&#13;on December 31, 2020 is shown as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 53%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Movement&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Realization&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash flow hedge accounting&amp;#160;&amp;#160;&amp;#8211;&amp;#160;&amp;#160;&amp;#8220;Platts&amp;#8221;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;283,974&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(283,149)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;825&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Income tax and social contribution on&#13;    cash flow hedge accounting&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(96,551)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;96,271&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(280)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    Value of cash flow accounting - Platts, net&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;187,423&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(186,878)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;545&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:ScheduleOfChangesInHedgeAccountingPlattsTableTextBlock>
    <sid:SummaryOfNonDerivativeFinancialLiabilitiesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In&#13;order to eliminate this exposure and cover future fluctuations in the Euro on these loans, non-derivative financial liabilities&#13;were designated, represented by loan contracts with financial institutions in the amount of &amp;#8364; 120 million which matured&#13;on January 31, 2020, when was settled financially.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 8%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 17%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 30%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Designation&#13;    Date&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Hedging&#13;    Instrument&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Hedged&#13;    item&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Type&#13;    of hedged risk&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Exchange&#13;    rate on designation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Designated&#13;    amounts (EUR'000)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Impact&#13;    on shareholders' equity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;09/30/2015&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-derivative&#13;    financial liabilities in EUR &amp;#8211; Debt contract&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&#13;    in subsidiaries which EUR is the functional currency&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange - R$ vs. EUR spot rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.0825&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;120,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6,293&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;120,000&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;6,293&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfNonDerivativeFinancialLiabilitiesTableTextBlock>
    <sid:SummaryOfContractualMaturitiesOfFinancialLiabilitiesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following are the contractual maturities of financial liabilities including interest.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 41%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;At&#13;    December 31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Less&#13;    than one year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;From&#13;    one to two years&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;From&#13;    two to five years&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Over&#13;    five years&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings,&#13;    financing and debentures (note 13)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,155,483&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;14,146,118&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,671,511&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;12,397,499&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;35,370,611&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lease Liabilities (note 16)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;93,626&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;143,227&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;115,398&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;177,880&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;530,131&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative financial instruments (note 14 I)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;8,722&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;97,535&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;106,257&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade payables (note 17)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,819,539&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;528,551&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;14,976&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5,363,066&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade payables &amp;#8211; Drawee risk (note 14&#13;    I)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;623,861&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;623,861&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends and interest on equity (note 15)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;946,133&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;946,133&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;10,647,364&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;14,817,896&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,899,420&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;12,575,379&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;42,940,059&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfContractualMaturitiesOfFinancialLiabilitiesTableTextBlock>
    <sid:ScheduleOfFairValuesOfAssetsAndLiabilitiesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;estimated fair value for certain consolidated long-term borrowings and financing was calculated at current market rates, considering&#13;the nature, term and risks similar to those of the registered contracts, as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 53%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Closing&#13;    Balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Closing&#13;    Balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair&#13;    value&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Perpetual bonds&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5,203,773&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5,157,465&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,036,186&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,706,553&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fixed Rate Notes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;15,067,341&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;15,744,067&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;8,090,297&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;8,345,471&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:ScheduleOfFairValuesOfAssetsAndLiabilitiesTableTextBlock>
    <sid:ScheduleOfCapitalManagementTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company seeks to optimize its capital structure in order to reduce its financial costs and maximize the return to its shareholders.&#13;The table below shows the evolution of the Company&amp;#8217;s consolidated capital structure, with financing by equity and third-party&#13;capital:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 68%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Thousands&#13;    of reais&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Shareholder's equity (equity)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;11,251,505&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;11,361,932&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings and Financing (Third-party capital)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;35,270,653&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;27,967,036&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gross Debit/Shareholder's equity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3.13&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;2.46&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:ScheduleOfCapitalManagementTableTextBlock>
    <sid:SummaryOfOtherPayablesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;other obligations classified in current and non-current liabilities have the following composition:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="5" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Payables to related parties (note 22 b)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;70,458&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;46,063&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;78,083&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;88,021&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Derivative financial instruments (note 14 I)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,722&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;97,535&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends and interest on capital (note 14 I)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;946,133&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13,252&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Advances from customers &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,100,772&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;787,604&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,725,838&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,845,248&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Taxes in installments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;45,331&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19,498&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;160,247&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;67,727&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit sharing - employees&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;150,341&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;162,866&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Taxes payable&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;38,493&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,805&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Provision for consumption and services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;175,242&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;204,299&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Third party materials in our possession&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;84,832&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;78,820&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade payables - Drawee Risk (note 17)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;623,861&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,121,312&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade payables (note 17)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;543,527&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lease Liabilities (note 16)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;93,626&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;35,040&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;436,505&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;439,350&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;58,321&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;57,690&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;65,108&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;44,551&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,357,639&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,526,444&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,145,336&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,493,702&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Advances from customers:&#13;    During 2019, the subsidiary CSN Minera&amp;#231;&amp;#227;o entered into an agreement with a major international player for the supply&#13;    of approximately 22 million tons of iron ore and an additional supply of 11 million tons of iron ore. Accordingly, CSN Minera&amp;#231;&amp;#227;o&#13;    S.A. received in advance the amounts of US$496 million (R$1,951,303) and US$250 million (R$956,440) on March 29, 2019 and&#13;    August 5, 2019, respectively. The term for the execution of the contracted volumes is 5 years. Finally, on September 16, 2019,&#13;    the parties again amended the contract to adjust the delivery conditions for iron ore. In July 2020, the subsidiary concluded&#13;    the contract for the additional supply of approximately 4 million tons of iron ore, which was received in advance, on August&#13;    28, 2020, the amount of US$115 million (R$629 million). The term for the execution of the contract is 3 years.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfOtherPayablesTableTextBlock>
    <sid:ScheduleOfLeaseLiabilities contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lease&#13;liabilities are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 69%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,623,523&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,501,960&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Present value adjustment - Leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,093,392)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,027,570)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;530,131&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;474,390&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Classified:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;93,626&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;35,040&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;436,505&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;439,350&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;530,131&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;474,390&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:ScheduleOfLeaseLiabilities>
    <sid:ScheduleOfMovementOfLeaseLiabilitiesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;movement of lease liabilities is shown in the table below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 69%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Opening balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;474,390&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;640,989&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;New leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;52,835&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;106,584&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Present Value Adjustments - New leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(6,511)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(54,080)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Contract review&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;63,250&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(175,609)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Write-off&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(7,757)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,374)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Payments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(103,648)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(94,727)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest appropriated&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;54,236&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;52,607&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange variation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,336&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    balance&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;530,131&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;474,390&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:ScheduleOfMovementOfLeaseLiabilitiesTableTextBlock>
    <sid:ScheduleOfEstimatedFutureMinimumPaymentsForLeaseAgreementsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of December 31, 2020 are the following:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 53%; vertical-align: middle; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Less&#13;    than one year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Between&#13;    one and five years&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Over&#13;    five years&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 1pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;98,788&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;368,659&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,156,076&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,623,523&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Present value&#13;    adjustment - Leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(5,162)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(110,034)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(978,196)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,093,392)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;93,626&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;258,625&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;177,880&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;530,131&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:ScheduleOfEstimatedFutureMinimumPaymentsForLeaseAgreementsTableTextBlock>
    <sid:RecoverablePisCofinsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lease&#13;liabilities were measured at the amount of consideration with suppliers, that is, without considering the tax credits incurred&#13;after payment. The potential right of PIS and COFINS embedded in the lease liability is shown below.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 69%; vertical-align: middle; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,603,100&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,489,789&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Present value adjustment - Leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,091,275)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,026,919)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Potencial PIS and COFINS credit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;148,287&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;137,805&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Present value adjustment &amp;#8211; Potential PIS&#13;    and COFINS credit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(100,943)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(96,461)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:RecoverablePisCofinsTableTextBlock>
    <sid:ScheduleOfMeasurementOfLeaseLiabilityTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;expenses related to payments not included in the measurement of the lease liability during the year are:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 69%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Contract less than 12 months&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;549&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;10,819&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Lower Assets value&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;9,563&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,853&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Variable lease payments&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;270,449&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;177,460&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;280,561&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;192,132&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:ScheduleOfMeasurementOfLeaseLiabilityTableTextBlock>
    <sid:ScheduleOfComparativeBalancesOfLeaseLiabilitiesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Considering&#13;Circular Letter / CVM / SNC / SEP No. 02/2019, the Company discloses below the comparative balances of lease liabilities, right&#13;to use, financial expenses and depreciation expenses with the use of rates in real terms to discount a present value of flows&#13;also in real terms.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 53%; vertical-align: middle; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font: 10pt Calibri, Helvetica, Sans-Serif; width: 11%; vertical-align: bottom; text-align: left; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font: 10pt Calibri, Helvetica, Sans-Serif; width: 1%; vertical-align: bottom; text-align: left; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 10pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: left; padding-left: 36px; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 10pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: left; padding-left: 36px; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Rate&#13;    in nominal terms and actual flow&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Rate&#13;    and actual flow in nominal terms&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Rate&#13;    in nominal terms and actual flow&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Rate&#13;    and actual flow in nominal terms&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lease Liability&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: rgb(51,51,51); text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;530,131&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: rgb(51,51,51); text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;595,193&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: rgb(51,51,51); text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;474,390&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: rgb(51,51,51); text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;579,390&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Right of net&#13;    use&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;511,882&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;547,671&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;472,345&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;567,905&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(50,513)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(63,744)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(49,118)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(57,556)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Depreciation&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(57,342)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(59,560)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: rgb(51,51,51); text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(53,826)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(57,356)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:ScheduleOfComparativeBalancesOfLeaseLiabilitiesTableTextBlock>
    <sid:ScheduleOfTradePayablesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: middle"&gt;&lt;td style="white-space: nowrap; width: 53%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; width: 15%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; width: 15%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; white-space: nowrap; width: 15%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="white-space: nowrap; vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; white-space: nowrap; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; white-space: nowrap; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,893,589&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,012,654&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;594,051&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(-) Adjustment present value&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(74,050)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="white-space: nowrap; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(50,524)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241); vertical-align: middle"&gt;&#13;    &lt;td style="white-space: nowrap"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,819,539&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,012,654&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;543,527&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:ScheduleOfTradePayablesTableTextBlock>
    <sid:SummaryOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;income tax and social contribution recognized in net income for the year are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 53%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td colspan="4" style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Income&#13;    tax and social contribution income (expense)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(2,052,204)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,564,622)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(827,229)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,426,696&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,398,400&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;576,895&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(625,508)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;833,778&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(250,334)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock>
    <sid:SummaryOfReconciliationOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;reconciliation of income and social contribution expenses and income of the consolidated and the product of the current tax rate&#13;on income before income tax and social contribution are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 59%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 13%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 1%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 1%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Income before income&#13;    tax and social contribution&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;4,918,126&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,410,733&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;5,450,917&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&#13;    rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;34%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;34%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;34%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Income tax and&#13;    social contribution at combined statutory rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(1,672,163)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(479,649)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(1,853,312)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Adjustment to reflect&#13;    the effective rate:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Equity&#13;    in results of affiliated companies&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28,391&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;46,737&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;50,134&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Profit&#13;    with differentiated rates or untaxed&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(519,840)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(236,404)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(46,006)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transfer&#13;    price adjustment&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(15,645)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(18,494)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(74,836)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&#13;    loss carryforwards without recognizing deferred taxes&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(27,758)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(21,095)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(27,683)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Indebtdness&#13;    limit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(25,087)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(20,393)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(38,486)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Unrecorded&#13;    deferred taxes on temporary differences&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;5,142&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,835)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(11,964)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Reversal&#13;    for deferred income tax and social contribution credit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,540,087&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,530,185&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,807,909&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income&#13;    taxes and social contribution on foreign profit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(13,011)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(14,424)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(30,219)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&#13;    incentives&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;64,818&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;39,042&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;36,710&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;    taxes on exchange variation in equity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(43,667)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest&#13;    on equity&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17,177&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;22,107&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    permanent deductions (additions)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(7,619)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(10,999)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(18,914)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Income tax and&#13;    social contribution in net income for the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(625,508)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;833,778&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(250,334)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Effective&#13;    tax rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;13%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;-59%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;79%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfReconciliationOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock>
    <sid:SummaryOfDeferredIncomeTaxAndSocialContributionTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;income tax and social contribution balances are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 42%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 5%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 6%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 6%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 6%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 3%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 6%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Movement&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Movement&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Shareholders'&lt;br /&gt;Equity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;P&amp;#38;L&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Shareholders'&lt;br /&gt;Equity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;P&amp;#38;L&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Deferred&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income&#13;    tax losses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;959,240&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;651,561&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,610,801&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;238,198&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,848,999&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Social&#13;    contribution tax losses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;367,358&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;242,688&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;610,046&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;78,162&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;688,208&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Temporary&#13;    differences&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(1,838,935)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(2,357)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,504,151&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;59&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(337,082)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(59,380)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,110,336&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,029&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;718,903&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Provision for tax. social security, labor, civil and environmental risks&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;334,380&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(70,367)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;264,013&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;15,136&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;279,149&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Asset impairment losses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;181,516&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;915&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;182,431&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(26,444)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,029&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;161,016&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    (Gains)/losses on financial instruments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;359,776&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;54,719&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;414,495&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(409,468)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;5,027&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Actuarial liability (pension and healthcare plan)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;276,032&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;38,569&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;314,601&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(44,732)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(7,412)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;262,457&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Accrued supplies and services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;95,644&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;36,767&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;132,411&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;22,041&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;154,452&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Unrealized exchange variation &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,010,532&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;170,969&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,181,501&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(29,175)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,152,326&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Gain upon loss of control in Transnordestina&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(92,180)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(92,180)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(92,180)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Cash flow hedge accounting&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;490,041&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(63,080)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;426,961&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,315,839&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,742,800&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Acquisition at fair value of SWT and CBL&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(172,114)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(52,071)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;39,672&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(184,513)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(57,651)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;30,149&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(212,015)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Deferred taxes not computed&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(252,940)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(39,021)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(291,961)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(25,966)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(317,927)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    (Losses) estimated /reversals to deferred taxes credits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,086,572)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;25,159&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,435,415&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,625,998)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,270,110)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,548,640&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,347,468)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Business Combination&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,030,812)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,471&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,023,341)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,292&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,015,049)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Consolidation of CBSI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(12)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;62&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;50&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;50&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&#13;    Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;47,762&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49,066&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(132,377)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(35,552)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,726)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(15,457)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(53,735)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(512,337)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(2,357)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;2,398,400&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;59&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,883,765&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(59,380)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,426,696&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,029&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,256,110&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Total&#13;    Deferred Assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;89,394&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;2,473,304&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,874,946&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Total&#13;    Deferred Liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(601,731)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(589,539)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(618,836)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    Deferred&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(512,337)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,883,765&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,256,110&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&#13;The Company taxes exchange variations on a cash basis to calculate income tax and social contribution on net income.&lt;/font&gt;&lt;/p&gt;</sid:SummaryOfDeferredIncomeTaxAndSocialContributionTableTextBlock>
    <sid:ScheduleOfEstimatedRecoveryOfDeferredTaxAssetsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;estimated recovery of deferred tax assets of IRPJ and CSLL are netted when referring to a single jurisdiction as shown in the&#13;table below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 84%; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;In&#13;    millions of reais&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,018&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2022&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,315&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2023&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,257&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2024&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;495&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2025&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;618&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Deferred&#13;    asset&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,703&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred liabilities - Parent Company&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(828)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    deferred asset&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,875&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred liabilities - subsidiaries&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(619)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    deferred asset&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,256&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:ScheduleOfEstimatedRecoveryOfDeferredTaxAssetsTableTextBlock>
    <sid:DisclosureOfInventoriesIncomeTaxAndSocialContributionRecognizedInShareholdersEquityExplanatory contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income&#13;tax and social contribution recognized directly in equity are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 75%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 12%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 12%; font-weight: bold; color: rgb(51,51,51); text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Income tax and&#13;    social contribution&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial&#13;    gains on defined benefit pension plan&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;170,604&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;215,306&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estimated&#13;    losses for deferred income and social contribution tax credits - actuarial gains&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(172,520)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(217,969)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange&#13;    differences on translating foreign operations&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(325,350)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(325,350)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;    flow hedge accounting&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,742,765&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;426,961&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estimated&#13;    losses for deferred income and social contribution tax credits - cash flow hedge&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,742,520)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(426,961)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="color: rgb(51,51,51)"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(327,021)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(328,013)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:DisclosureOfInventoriesIncomeTaxAndSocialContributionRecognizedInShareholdersEquityExplanatory>
    <sid:SummaryOfDeferredTaxAssetsOnTaxLossesAndTemporaryDifferencesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deferred&#13;income tax / social contribution on tax losses and temporary differences refers mainly to the following items:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-right: black 1pt solid; width: 11%; text-align: center; padding-left: 5.4pt; line-height: 115%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 18%; text-align: center; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Nature&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 71%; text-align: center; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Brief&#13;    description&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: justify; padding-left: 5.4pt; line-height: 115%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&#13;        losses&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;    Company incurs tax losses in the Parent Company as a result of financial expenses on its indebtedness, since it substantially&#13;    holds all the loans and financing of the CSN Group. However, the Parent Company reported taxable income in two quarters of&#13;    2020.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; width: 11%; text-align: justify; padding-left: 5.4pt; line-height: 115%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; width: 18%; text-align: center; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange&#13;    variation expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; width: 71%; text-align: justify; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Since&#13;    2012, the Company has opted for taxing exchange rate variations on a cash basis. As a result, taxes are due and expenses are&#13;    deductible when the underlying asset or liability is settled.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-left: black 1pt solid; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;p style="font: bold 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Differences&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: bold 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Temporary&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loss&#13;    on investment in Usiminas shares&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Changes&#13;    in investment in Usiminas shares are recognized on an accrual basis; however, the event that generates taxation or deductibility&#13;    will only occur when the investment is sold.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: justify; padding-left: 5.4pt; line-height: 115%; padding-right: 5.4pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 5.4pt; padding-right: 5.4pt"&gt;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;        provisions&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    provisions are recognized on an accrual basis and their taxation occurs only at the time of their realization, such as: provision&#13;    for contingencies, loss for &lt;i&gt;impairment&lt;/i&gt;, provision for environmental liabilities, etc.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfDeferredTaxAssetsOnTaxLossesAndTemporaryDifferencesTableTextBlock>
    <sid:SummaryOfTaxesInInstallmentsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;position of Refis debts and other installments, recorded in installment taxes in current and non-current liabilities, as shown&#13;in note 15, are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="5" style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Federal REFIS Law 11.941/09 (a)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,214&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,172&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;15,529&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17,436&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Federal REFIS Law 12.865/13 (b)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,633&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,481&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;42,883&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;48,306&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other taxes in installments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;26,484&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;845&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;101,835&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,985&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;45,331&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;19,498&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;160,247&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;67,727&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(a)&#13;The refinancing program of Law 11,941 / 09 has a balance arising from the adhesion to the REFIS of taxes on profit (IRPJ and CSLL)&#13;for the years 2006, 2007 and 2012 and taxes on billing (PIS and COFINS) for the years 2006 and 2007. The installment payment is&#13;paid in monthly installments, with interest at the SELIC rate, which is the rate of the Brazilian federal funds.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(b)&#13;The refinancing program of Law 12.865 / 13 has a balance resulting from the adhesion to the REFIS of taxes on profit (IRPJ and&#13;CSLL) for the payment of the amounts related to taxes on the profit of the affiliates or subsidiaries abroad in 2009 to 2011.&#13;It is due in monthly installments, with interest at the SELIC rate, which is the rate of Brazilian federal funds.&lt;/font&gt;&lt;/p&gt;</sid:SummaryOfTaxesInInstallmentsTableTextBlock>
    <sid:SummaryOfAccruedAmountsAndJudicialDepositsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Claims&#13;of different nature are being challenged at the appropriate courts. Details of the accrued amounts and related judicial deposits&#13;are as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td style="width: 36%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 15%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accrued&#13;    liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Judicial&#13;    deposits&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;134,645&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;128,411&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,444&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;31,060&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Social&#13;    security&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,170&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,039&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Labor&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;328,334&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;305,309&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;212,737&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;227,213&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Civil&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;151,776&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;138,990&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;67,819&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;53,771&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Environmental&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,463&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;43,498&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17,683&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,731&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Deposit&#13;    of a guarantee&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;24,434&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,596&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;635,388&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;623,247&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;325,117&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;328,371&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Classified:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;81,073&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;96,479&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Non-current&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;554,315&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;526,768&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;325,117&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;328,371&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;635,388&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;623,247&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;325,117&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;328,371&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfAccruedAmountsAndJudicialDepositsTableTextBlock>
    <sid:SummaryOfChangesInProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;changes in tax, social security, labor, civil and environmental provisions in the year ended December 31, 2020 can be summarized&#13;as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 25%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&#13;    + Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Nature&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Additions&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Accrued&#13;    charges&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net&#13;    utilization of reversal&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;128,411&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;8,626&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,267&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(6,659)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;134,645&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Social security&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,039&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;5,892&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;192&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(4,953)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;8,170&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Labor&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;305,309&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;44,693&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;39,507&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(61,175)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;328,334&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Civil&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;138,990&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;46,577&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;15,579&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(49,370)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;151,776&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Environmental&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;43,498&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,525&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;326&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(35,886)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;12,463&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;623,247&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;110,313&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;59,871&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(158,043)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;635,388&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfChangesInProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksTableTextBlock>
    <sid:SummaryOfLegalMattersWithPossibleRiskOfLossTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The following table shows a summary of the balance of the main matters classified as possible risk compared to&#13;the balance at December 31, 2020 and December 31, 2019.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-family: Calibri, Helvetica, Sans-Serif; width: 82%; font-weight: bold; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assessment Notice&#13;    and imposition of fine (AIIM) / Tax Enforcement - Income tax and social contribution - Capital gain on sale of NAMISA's shares&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;12,694,021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;12,412,964&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assessment Notice&#13;    and Imposition of fine (AIIM) - Income tax and Social contribution - Disallowance of deductions of goodwill generated in the&#13;    reverse incorporation of Big Jump by NAMISA.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,930,093&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,867,663&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assessment Notice&#13;    and Imposition of fine (AIIM) / Tax Enforcement&amp;#160;&amp;#160;- Income tax and Social contribution - Disallowance of interest&#13;    on prepayment arising from supply contracts of iron ore and port services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,956,898&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,249,708&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assessment&#13;    Notice and imposition of fine (AIIM) - Income tax and social contribution due to profits from foreign subsidiaries for years&#13;    2008, 2010, 2011, 2012 and 2014&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,461,574&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,946,288&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax foreclosures&#13;    - ICMS - Electricity credits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;841,401&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,022,371&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Offset&#13;    of taxes that were not approved by the Federal Revenue Service - IRPJ/CSLL, PIS/COFINS and IPI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,845,379&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,100,564&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Disallowance&#13;    of the ICMS credits - Transfer of iron ore&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;624,645&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;567,534&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;ICMS - Refers to&#13;    the transfer of imported raw material at an amount lower than the price disclosed in the import documentation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;317,848&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;310,349&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Disallowance of&#13;    the tax loss and negative basis of social contribution arising from the adjustments in the SAPLI&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;583,478&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;538,268&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assessment Notice-&#13;    IRRF- Capital Gain of CFM vendors located abroad&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;260,326&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;254,850&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CFEM &amp;#8211; difference&#13;    of understanding between CSN and DNPM on the calculation basis&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,051,661&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,020,266&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assessment&#13;    Notice- ICMS- questions about sales for incentive area&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,111,034&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,015,812&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    tax lawsuits (federal, state, and municipal)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,886,976&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,478,014&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Social&#13;    security lawsuits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;233,116&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;325,492&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Action&#13;    to discuss the balance of the construction contract &amp;#8211; Tebas&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;487,124&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;468,776&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Action&#13;    related to power supply payment&amp;#8217;s charge - Light&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;288,390&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;253,569&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Indemnity action&#13;    due to the supply contract termination - Indumill&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;237,795&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;215,281&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Enforcement&#13;    action applied by Brazilian antitrust authorities (CADE)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;95,833&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;93,212&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Civil Public Action&#13;    - Districts / School / Nursery relocation-CdP Dam &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;12,207&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;20,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    civil lawsuits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;777,850&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;764,127&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Labor&#13;    and social security lawsuits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,506,626&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,565,237&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Tax&#13;    foreclosures &amp;#8211; Fine &amp;#8211; Volta Redonda IV &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;94,304&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;84,599&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;ACP&#13;    landfill M&amp;#225;rcia &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(3)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;306,389&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assessment&#13;    Notice and imposition of fine (AIIM) -&amp;#160;&amp;#160;Charge of IRRF- RFB&amp;#160;&amp;#160;- Business combination (year 2015) between&#13;    Namisa, Congonhas Min&amp;#233;rios (current CSN Minera&amp;#231;&amp;#227;o) and consortium&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;862,324&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assessment&#13;    Notice and imposition of fine (AIIM) - SEFAZ/RJ - ICMS on purchases of intermediate products (4)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;498,002&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assessment&#13;    Notice and imposition of fine (AIIM) - RFB -&amp;#160;&amp;#160;Disallowance of credits PIS/COFINS of inputs and freight&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,082,517&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    environmental lawsuits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;257,965&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;215,691&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font: bold 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;39,305,776&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;35,790,635&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&#13;In May 2019, the State Prosecutor&amp;#8217;s Office of the State of Minas Gerais filed an ACP order to compel CSN Minera&amp;#231;&amp;#227;o&#13;SA to adopt mitigating measures regarding the psychological risks and losses allegedly generated by the Casa de Pedra Dam, reallocating&#13;residents, who so wish, with rents and social assistance, as well as relocating children who attended a new daycare and school&#13;that were closed, rebuilding new daycare and school in a safe place. In a preliminary injunction, the 1st Instance Magistrate&#13;ordered the blocking of three million reais for the construction of the day care center and school, a decision suspended by the&#13;2nd Instance Court. The State Public Prosecutor of the State of Minas Gerais also pleaded for the payment of moral damages collective&#13;actions, as well as for the permanent reallocation of people, at the expense of CSN Minera&amp;#231;&amp;#227;o SA The lawsuit is in its&#13;initial phase and there is still no judicial sentence related to the case.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&#13;On April 8, 2013, INEA applied a fine of R$35 million to CSN in relation to aspects involving the Volta Grande IV condominium,&#13;determining that the actions already considered and discussed in the public civil action filed in July 2012. In relation to the&#13;application of this fine, an annulment action was filed, distributed, in January 2014, to the 10th Civil Court of the State of&#13;Rio de Janeiro, aiming at the annulment of the fine and its effects. In parallel, INEA filed a tax enforcement action, with an&#13;adjusted amount of R$42 million, in order to enforce the amount of the fine imposed. The Tax Foreclosure action mentioned was&#13;distributed in May 2014 to the 4th Registry of Active Debt of Volta Redonda, in the State of Rio de Janeiro. Currently, these&#13;actions are suspended until the conclusion of the investigation to be carried out in the Environmental Public Civil Action of&#13;the Condominium Volta Grande IV, whose merit discusses possible contamination of the site.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3)&#13;This is an Environmental Public Civil Action, proposed by the MPF, with a claim for indemnity for collective moral damages and&#13;material damages, for allegedly irregular deposit of steel residues, in addition to being set aside for non-compliance with the&#13;injunction.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4)&#13;Infraction Notice (AIIM) drawn up by SEFAZ / RJ for ICMS and Fine requirement for the alleged improper use of ICMS credit for&#13;the period 2015 to 2020 resulting from the acquisition of intermediate products used in the UPV (refractories, belts, cylinders,&#13;chemical agents, etc.), which were classified by the Inspection as of use / consumption and without the right to credit.&lt;/font&gt;&lt;/p&gt;</sid:SummaryOfLegalMattersWithPossibleRiskOfLossTableTextBlock>
    <sid:SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionAssetsAndLiabilitiesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: top"&gt;&lt;td style="width: 17.85pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;22.b)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Transactions&#13;    with subsidiaries, joint ventures, associates, exclusive founds and other related parties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="15" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 32%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subsidiaries&#13;    and associates&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-ventures&#13;    e Joint Operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    related parties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subsidiaries&#13;    and associates&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-ventures&#13;    e Joint Operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    related parties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assets&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Current&#13;    Assets&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,763,603&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,763,603&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,116,560&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,116,560&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    receivables (note 6)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;7,686&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;8&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;113,482&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;121,176&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;39,435&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;797&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;130,356&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;170,588&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends&#13;    receivable (note 9)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;sup&gt;(3)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;38,088&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;38,088&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;44,554&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;44,554&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    current assets (note 9)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,413&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,829&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;6,242&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,830&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,830&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;7,686&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;42,509&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,878,914&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,929,109&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;39,435&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;45,351&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,248,746&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,333,532&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Noncurrent&#13;    Assets&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;123,409&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;123,409&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;95,719&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;95,719&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loans&#13;    (note 9)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;sup&gt;(4)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;3,375&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;962,675&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;966,050&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,874&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;844,426&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;846,300&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial&#13;    asset (note 30)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13,819&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;13,819&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13,714&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;13,714&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    non-current assets (note 9)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;sup&gt;(5)&lt;/sup&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;664,020&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;664,020&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;428,672&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;428,672&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,375&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,626,695&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;137,228&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,767,298&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,874&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,273,098&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;109,433&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,384,405&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;11,061&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,669,204&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;4,016,142&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,696,407&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;41,309&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,318,449&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,358,179&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,717,937&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Current&#13;    Liabilities&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Intercompany&#13;    Loans (note 13)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;25,038&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;25,038&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Trade&#13;    payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;106,946&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;9,455&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;116,401&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;98,496&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;142,488&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;240,984&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accounts&#13;    payable (note 15)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;23,555&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;2,437&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;25,992&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;23,566&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;23,566&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Provision&#13;    for consumption (note 15)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;44,466&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;44,466&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;22,497&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;22,497&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;174,967&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11,892&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;186,859&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;144,559&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;167,526&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;312,085&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Noncurrent&#13;    Liabilities&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Accounts&#13;    payable (note 15)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;78,083&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;78,083&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;88,021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;88,021&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial&#13;    liability&amp;#160;&amp;#160;(note 30)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;79,546&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;79,546&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19,788&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;19,788&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;78,083&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;79,546&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;157,629&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;88,021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;19,788&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;107,809&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;253,050&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;91,438&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;344,488&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;232,580&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;187,314&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;419,894&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionAssetsAndLiabilitiesTableTextBlock>
    <sid:SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionStatementOfIncomeTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: middle"&gt;&lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 22%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subsidiaries&#13;    and associates&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-ventures&#13;    e Joint Operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    related parties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subsidiaries&#13;    and associates&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-ventures&#13;    e Joint Operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    related parties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Subsidiaries&#13;    and associates&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Joint-ventures&#13;    e Joint Operation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    related parties&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;P&amp;#38;L&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sales&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;104,400&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;843&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,568,992&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,674,235&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;75,630&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,047,204&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,122,834&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;100,608&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;414&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,177,730&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,278,751&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&#13;    and expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,036,420)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(104,212)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,140,632)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(231,140)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,133,142)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(594,676)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,958,958)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,307,695)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(110,587)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,418,282)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    income (expenses)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest&#13;    (note 28)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;19,095&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;18,421&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;37,516&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;43,790&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;20,499&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;64,289&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;234&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;33,911&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;14,651&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;48,796&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td colspan="2" style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange&#13;    rate variations and&amp;#160;&amp;#160;monetary, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,586&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,586&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;13,611&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;13,611&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Financial&#13;    investments (note 28)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,190,489&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,190,489&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    operating income and expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(14,939)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(136,004)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(150,943)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;-&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;104,400&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,016,482)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,673,690&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;1,761,608&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(155,510)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,104,291)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;340,609&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(919,192)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;100,842&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(1,273,369)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,095,404&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(77,123)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;/p&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;/p&gt;</sid:SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionStatementOfIncomeTableTextBlock>
    <sid:SummaryOfKeyManagementPersonnelCompensationTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;font style="line-height: 115%"&gt;The following is information&#13;on the compensation of such personnel and the related balances as of &lt;/font&gt;December 31, 2020.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="5" style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;P&amp;#38;L&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 49%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Short-term benefits for employees and officers&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;40,522&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;37,452&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;32,848&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Post-employment benefits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;111&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;109&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;105&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;40,633&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;37,561&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;32,953&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfKeyManagementPersonnelCompensationTableTextBlock>
    <sid:ScheduleOfGuaranteesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;Company is liable for guarantees of its subsidiaries and joint ventures as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Currency&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Maturities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Borrowings&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Tax&#13;    foreclosure&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Others&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 24%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 6%; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transnordestina&#13;    Log&amp;#237;sitca&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Up&#13;    to 09/19/2056 and Indefinite&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;2,478,105&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;2,428,194&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;35,496&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;37,406&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,298&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;8,702&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,516,899&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,474,302&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;FTL - Ferrovia&#13;    Transnordestina&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Up&#13;    to 04/01/2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;43,118&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;43,118&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cia&#13;    Metalurgica Prada&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Indefinite&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;196&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;457&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;244&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;235&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;440&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;692&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Energia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Up&#13;    to 11/26/2023 and indefinite&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,141&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,920&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,920&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,920&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5,061&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Minera&amp;#231;&amp;#227;o&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Up&#13;    to 12/21/2024&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;846,749&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,184,048&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;846,749&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,184,048&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estanho de Rond&amp;#244;nia&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7/15/2022&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,154&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,902&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,154&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,902&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Min&amp;#233;rios&#13;    Nacional S.A.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Up&#13;    to 09/10/2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,946&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,544&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,946&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,544&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    in R$&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;3,327,954&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;3,661,806&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;35,692&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;41,004&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5,462&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;10,857&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,369,108&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,713,667&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Inova Ventures&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;01/28/2028&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,300,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,300,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Islands XII&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Perpetual&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,000,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,000,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,000,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,000,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Resources&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;US$&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Up&#13;    to 04/17/2026&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,525,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;1,958,603&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,525,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,958,603&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    in US$&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;3,825,000&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;2,958,603&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,825,000&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;2,958,603&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;CSN Steel S.L.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;EUR&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;24,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;24,000&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    in EUR&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;24,000&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;24,000&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    in R$&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;19,877,378&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;12,033,973&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;19,877,378&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;12,033,973&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;23,205,332&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;15,695,779&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;35,692&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;41,004&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;5,462&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;10,857&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;23,246,486&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;15,747,640&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:ScheduleOfGuaranteesTableTextBlock>
    <sid:SummaryOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;balance of provisions for environmental liabilities and deactivation of assets can be shown as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td style="width: 59%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 20%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 20%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Environmental liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;192,830&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;192,270&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Asset retirement obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;611,005&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;331,731&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;803,835&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;524,001&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationTableTextBlock>
    <sid:SummaryOfOwnershipStructureTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;As&#13;of December 31, 2020, the Company&amp;#8217;s ownership structure was as follows&lt;/font&gt; &lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 30%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Number&#13;    of common shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;%&#13;    of total shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;%&#13;    of voting capital&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Number&#13;    of common shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;%&#13;    of total shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;%&#13;    of voting capital&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Vicunha A&amp;#231;os&#13;    S.A. (*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;679,522,254&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;48.97%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49.24%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;679,522,254&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;48.97%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;49.24%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rio Iaco Participa&amp;#231;&amp;#245;es&#13;    S.A. (*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;58,193,503&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.19%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.22%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;58,193,503&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.19%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.22%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;NYSE (ADRs)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;248,763,533&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17.93%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18.02%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;262,206,103&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18.90%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19.00%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other shareholders&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;393,635,257&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28.37%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28.52%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;380,192,687&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;27.40%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;27.55%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Outstanding&#13;    shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,380,114,547&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;99.47%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,380,114,547&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;99.47%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: white"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Treasury shares&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,409,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.53%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,409,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.53%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,387,524,047&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,387,524,047&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;Controlling group companies.&lt;/font&gt;&lt;/p&gt;</sid:SummaryOfOwnershipStructureTableTextBlock>
    <sid:SummaryOfShareBuybackProgramsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of December 31, 2020, the position of treasury shares was as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Program&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Board&amp;#8217;s&#13;    Authorization&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Authorized&#13;    quantity&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 25%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Program&#13;    period&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Average&#13;    buyback price&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 12%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Minimum&#13;    and maximum buyback price&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sale&#13;    of shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance&#13;    in treasury&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;04/20/2018&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;30,391,000&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;From 4/20/2018 to&#13;    4/30/2018&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8.5pt; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Not&#13;    applicable&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Not applicable&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;22,981,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;7,409,500&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfShareBuybackProgramsTableTextBlock>
    <sid:SummaryOfPositionOfTreasurySharesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of December 31, 2020, the position of treasury shares was as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="3" style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Quantity&#13;    purchased (in units)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="3" style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Amount&#13;    paid for the shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" colspan="5" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Share&#13;    price&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="3" style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Share&#13;    market price as of&amp;#160;&amp;#160;12/31/2020 (*)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Minimum&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Maximum&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Average&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top-color: black; width: 23%; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;7,409,500&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8.5pt; width: 16%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&#13;    58,264&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8.5pt; width: 11%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;R$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4.48&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8.5pt; width: 1%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8.5pt; width: 10%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;R$&#13;    10.07&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8.5pt; width: 1%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8.5pt; width: 15%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;R$&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;7.86&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8.5pt; width: 1%; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 8.5pt; width: 20%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;R$&#13;    235,993&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;The average share price on December 31, 2020 was used in the amount of R$31.85 per share.&lt;/font&gt;&lt;/p&gt;</sid:SummaryOfPositionOfTreasurySharesTableTextBlock>
    <sid:SummaryOfBasicEarningsLossPerShareTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;earnings per share are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 48%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; width: 18%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Common&#13;    Shares&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Profit for the&#13;    year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,794,295&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,789,067&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;5,074,136&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Weighted average number of shares&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,380,114,547&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,380,114,547&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,373,250,595&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Basic and diluted&#13;    earnings (loss) per share&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2.74926&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1.29632&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3.69498&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfBasicEarningsLossPerShareTableTextBlock>
    <sid:SummaryOfDeliberateAndPaidDividendsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends&#13;are calculated in accordance with the bylaws and the Joint Stock Company Act. The profit destination for 2020 is shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-decoration: underline; width: 65%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Allocation&#13;    of profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 16%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Profit for the&#13;    year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/b&gt;3,794,295&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Capital&#13;    reserve&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(189,715)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Profit for allocation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;3,604,580&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Proposed destination:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Mandatory&#13;    minimum dividends&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(901,145)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Statutory&#13;    reserve&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(2,703,435)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(3,604,580)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Weighted average number of shares&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;1,380,114,547&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends for share&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;0.652949&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-decoration: underline; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;In&#13;    current liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-decoration: underline; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;u&gt;&amp;#160;&lt;/u&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance of dividends&#13;    payable as December 31, 2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;13,252&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends&#13;    paid in year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(12,414)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Proposed&#13;    dividends in 2020 exercise&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;901,145&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Balance of dividends&#13;    payable as December 31, 2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;901,983&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;</sid:SummaryOfDeliberateAndPaidDividendsTableTextBlock>
    <sid:ScheduleOfNetSalesRevenueExplanatory contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net&#13;sales revenue is as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 43%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Consolidated&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross revenue&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Domestic&#13;    market&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;16,652,801&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;14,220,420&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;14,752,901&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    market&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;17,396,259&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;14,663,297&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;11,817,559&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: white"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;34,049,060&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;28,883,717&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;26,570,460&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Deductions&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sales&#13;    returns, discounts and rebates&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(248,821)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(325,794)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(234,851)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Taxes&#13;    on sales&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(3,736,219)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(3,121,506)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(3,366,724)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(3,985,040)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(3,447,300)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(3,601,575)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net revenue&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;30,064,020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;25,436,417&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;22,968,885&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:ScheduleOfNetSalesRevenueExplanatory>
    <sid:SummaryOfExpensesByNatureTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: bottom"&gt;&lt;td style="width: 49%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Consolidated&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Raw&#13;    materials and inputs&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(6,928,517)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(7,287,933)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(6,759,275)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Labor&#13;    cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(3,187,428)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,807,280)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,743,460)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Supplies&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,150,452)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,981,547)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,782,576)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Maintenance&#13;    cost (services and materials)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,340,255)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,340,135)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,326,894)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Outsourcing&#13;    services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,217,657)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,392,626)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,368,387)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Freight&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(216,506)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(334,509)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(109,756)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Distribution&#13;    freight&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,421,079)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,787,979)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,692,785)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Depreciation,&#13;    amortization and depletion&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,421,458)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,421,704)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,175,107)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,750,424)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(763,421)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(905,128)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(21,633,776)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(20,117,134)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(18,863,368)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Classified&#13;    as:&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost&#13;    of sales&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(19,124,901)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(17,263,264)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(16,105,657)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Selling&#13;    expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,004,417)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,342,805)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,263,688)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;General&#13;    and administrative expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(504,458)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(511,065)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(494,023)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(21,633,776)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(20,117,134)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(18,863,368)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfExpensesByNatureTableTextBlock>
    <sid:DisclosureOfDepreciationAmortizationAndDepletionExplanatory contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;depreciation, amortization and depletion additions for the period were distributed as follows.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 44%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 18%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 18%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 18%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Production costs &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,374,046)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,385,306)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,145,793&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Selling expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(13,978)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(11,539)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;5,850&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;General and administrative expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(33,434)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(24,859)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23,464&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,421,458)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(1,421,704)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,175,107&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other operational &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(95,270)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(97,627)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;97,914&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,516,728)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(1,519,331)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,273,021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1)&#13;The Company&amp;#8217;s iron ore extraction in 2020 started using dry waste filtering and stacking in 100% of its production process.&#13;As a normal consequence of the operation, the use of dams has become obsolete, and consequently, the assets of dams reached the&#13;end of their useful lives on December 31, 2020. As a result of the technical and functional obsolescence of the dams, the book&#13;balance of these assets in their entirety, (R$515,491), was fully depreciated in 2020 and appropriated to the cost of production.&#13;The cost of production includes PIS and COFINS credits on lease agreements on December 31, 2020, in the amount of R$5,335.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2)&#13;They mainly refer to the depreciation of investment properties, paralyzed equipment and amortization of the SWT Client Portfolio,&#13;see note 27.&lt;/font&gt;&lt;/p&gt;</sid:DisclosureOfDepreciationAmortizationAndDepletionExplanatory>
    <sid:SummaryOfOtherOperatingIncomeExpensesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: bottom"&gt;&lt;td style="width: 58%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 1pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Consolidated&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other operating&#13;    income&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Receivables&#13;    by indemnity &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;245,945&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;56,180&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;46,256&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rentals&#13;    and leases&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;9,096&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;9,462&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;5,430&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Dividends&#13;    received&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,197&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;32,747&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;9,188&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;PIS,&#13;    COFINS and INSS to compensate &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(2)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;120,452&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;123,677&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,102,365&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Contractual&#13;    fines&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,783&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,486&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,965&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial&#13;    pension plan&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;55,695&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;47,151&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20,983&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Updated&#13;    shares &amp;#8211; Fair Value through profit or loss (VJR)&amp;#160;&amp;#160;(Note 14II)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;12,579&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,655,813&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Contractual&#13;    agreement &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(5)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;131,817&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    revenues&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;32,747&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;98,250&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;27,749&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;482,494&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;503,770&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;4,036,043&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;-&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;-&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; font-style: italic"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;-&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Other operating&#13;    expenses&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Taxes&#13;    and fees&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(46,338)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(95,873)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(26,197)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Expenses&#13;    with environmental liabilities, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,151&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(82,669)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(60,311)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Write-off/(Provision)&#13;    of judicial lawsuits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(130,869)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(19,685)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(113,549)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Contractual&#13;    fines&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(106,926)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(104,086)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Depreciation&#13;    of equipment paralyzed and amortization of intangible assets (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(95,270)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(97,627)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(97,914)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Write-&#13;    off of PP&amp;#38;E and intangible assets (note 10, 11 and 12)&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(13,130)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(114,603)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(27,260)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Estimated&#13;    (Loss)/reversal in inventories&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(179,012)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(136,827)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(149,704)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Idleness&#13;    in stocks and paralyzed equipment &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(3)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(303,975)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(546,968)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Studies&#13;    and project engineering expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(27,137)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(26,171)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(33,738)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Research&#13;    and development expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(620)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,741)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,688)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Healthcare&#13;    plan expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(117,193)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(119,560)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(108,369)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cash&#13;    flow hedge realized (Note 14 b)&lt;font style="font-weight: 400"&gt;&lt;sup&gt;(4)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,951,035)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(790,353)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(370,191)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Updated&#13;    shares &amp;#8211; Fair value through profit or loss (Note 14II)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(118,780)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other&#13;    expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(421,628)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(149,068)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(218,701)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(3,270,056)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,406,851)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(1,330,706)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Other&#13;    operating income (expenses), net&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,787,562)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(1,903,081)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,705,337&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In June 2020, the&#13;    Company received R$84,435 of indemnity after a court decision, of which R$58,785 for rent arrears arising from one of its&#13;    investment properties and R$25,650 relating to an action for the collection of insurance for material damage caused by contractor&#13;    in the construction of the long steel plant. Additionally, in June, the principal amount was recognized in the amount of R$147,612&#13;    of receivables for indemnity (see note 9).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;In 2020, consist&#13;    of the recovery of INSS credit on benefits granted to employees that should not be considered in the contribution calculation&#13;    basis. In 2019, this is the exclusion of ICMS from the PIS and COFINS calculation basis.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Refers to the idle&#13;    capacity arisen from production volumes lower than normal it was generated from the refurbishment of the blast furnace No.3&#13;    and in the iron ore mining operation due to delays in the release of environmental licenses, which postponed the start of&#13;    new ore mining fronts, as well as new dry tailing processes still in ramp-up stage.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As of December 31,&#13;    2020, foreign exchange cash flow hedge was realized and reclassified from Other Comprehensive Income to Other Operating Expenses&#13;    (R$1,667,886), as well as cash flow hedge of PLATTS index (R$283,149), totaling R$1,951,035 of hedge realization in the year.&#13;    See note 14.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 0px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 14.2pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Referring to the&#13;    contractual agreement signed for the supply of new equipment.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfOtherOperatingIncomeExpensesTableTextBlock>
    <sid:SummaryOfFinancialIncomeExpensesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: middle"&gt;&lt;td style="width: 58%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial income&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Related parties (note 22 b)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;51,124&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;79,228&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;64,888&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income&#13;    from financial investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;58,061&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;93,471&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;111,235&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Updated&#13;    shares &amp;#8211; Fair value through profit or loss (Note 14 II) &lt;font style="font-weight: 400"&gt;&lt;sup&gt;(1)&lt;/sup&gt;&lt;/font&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,190,489&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other income (2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;503,054&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;206,343&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,134,391&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,802,728&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;379,042&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,310,514&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial expenses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&#13;    and financing - foreign currency (note 13 b)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,600,973)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,128,520)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(988,821)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Borrowings&#13;    and financing - local currency (note 13 b)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(401,079)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(867,785)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,020,867)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Related&#13;    parties&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(13,608)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(14,939)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(16,092)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Lease&#13;    liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(50,804)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(49,118)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Capitalised&#13;    interest (notes 11 and 33)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;92,506&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;117,189&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;71,611&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest&#13;    and fines&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(290,673)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(158,794)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(71,100)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(-)&#13;    Adjustment present value of trade payables&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(139,566)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Commission,&#13;    bank fees, Guarantee and bank fees&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(162,085)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(217,784)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(182,179)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;PIS/COFINS&#13;    over financial income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(39,149)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(25,176)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(84,404)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other financial expenses&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(270,764)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(217,864)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;19,614&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,876,195)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,562,791)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,272,238)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Others&#13;    financial items, net&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Foreign&#13;    exchange and monetary variation, net&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;392,971&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;47,579&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(533,918)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gains and (losses) on exchange derivatives (*)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(115,815)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,986&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;277,156&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;52,565&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(533,919)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,599,039)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,510,226)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial income&#13;    (expenses), net&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(796,311)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,131,184)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(1,495,643)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td colspan="3" style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(*)&#13;    Statement of gains and (losses) on derivative transactions (note 14)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange rate&#13;    swap Dollar x Euro&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,070)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;783&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange rate&#13;    swap GBP x Euro&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(602)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange rate&#13;    swap CDI x Dollar&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(106,143)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,203&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: red; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(115,815)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;4,986&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(1)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;(1)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;It refers to the&#13;    appreciation of Usiminas&amp;#8217; shares in the amount of R$1,190,489 as of December31, 2020. As of December 31, 2019, Usiminas&amp;#8217;&#13;    shares were reclassified to financial investments and their pricing fluctuation started to be recognized in the financial&#13;    result.&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: top"&gt;&#13;    &lt;td style="width: 18pt"&gt;&lt;font style="font: 10pt/115% Times New Roman, Times, Serif"&gt;(2)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;It mainly refers&#13;    to the recognition of the exclusion of ICMS in the PIS and COFINS calculation base in the amount of R$81,758 on December 31,&#13;    2020 (R$160,609 on December 31, 2019) in the Consolidated, and updating in the amount of R$369,571 of receivables for indemnity&#13;    (see note 9).&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfFinancialIncomeExpensesTableTextBlock>
    <sid:SummaryOfConsolidatedSegmentResultsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;For purposes of reconciliation of the consolidated result, the amounts recorded&#13;by these companies are not included in the "Corporate expenses/elimination" column.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 28%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;P&amp;#38;L&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Steel&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Mining&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Logistics&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Energy&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cement&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Corporate&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;expenses/&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;elimination&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Port&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Railroads&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net revenue (note 25)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;16,602,895&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;12,683,231&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;256,371&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,489,647&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;172,859&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;858,192&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,999,175)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;30,064,020&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost of sales and services (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(14,170,692)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(5,531,763)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(187,860)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,094,130)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(128,227)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(647,132)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,634,903&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(19,124,901)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,432,203&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;7,151,468&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;68,511&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;395,517&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;44,632&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;211,060&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;635,728&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;10,939,119&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;General and administrative expenses (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(922,862)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(179,806)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(21,949)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(114,970)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(30,243)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(88,232)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,150,813)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(2,508,875)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other operating (income) expenses, net (note&#13;    27)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(392,061)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(665,881)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(5,420)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;52,569&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,967)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(44,893)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,728,909)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(2,787,562)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Equity in results of affiliated companies (note&#13;    10)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;71,755&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;71,755&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Operating result&#13;    before Financial Income and Taxes&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,117,280&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;6,305,781&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;41,142&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;333,116&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;11,422&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;77,935&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,172,239)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,714,437&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sales&#13;    by geographic area&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Asia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,461,791&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,144,614&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,606,405&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;North America&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;922,299&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;922,299&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Latin America&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;327,900&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;995&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;328,895&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Europe&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,627,011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,688,851&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,315,862&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,346&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,346&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Foreign market&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,881,556&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;11,150,642&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;995&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,144,614&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;17,177,807&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Domestic market&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;11,721,339&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,532,589&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;256,371&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,489,647&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;172,859&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;857,197&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(3,143,789)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;12,886,213&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;16,602,895&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;12,683,231&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;256,371&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,489,647&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;172,859&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;858,192&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(1,999,175)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;30,064,020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;P&amp;#38;L&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Steel&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Mining&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Logistics&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Energy&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cement&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Corporate&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;expenses/&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;elimination&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Port&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Railroads&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net revenue (note 25)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;13,949,032&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;10,027,649&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;240,451&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,321,355&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;325,343&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;570,805&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(998,218)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;25,436,417&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost of sales and services (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(12,962,861)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(4,396,247)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(173,344)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,030,210)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(266,754)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(607,719)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,173,871&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(17,263,264)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;986,171&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,631,402&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;67,107&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;291,145&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;58,589&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(36,914)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,175,653&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;8,173,153&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;General and administrative expenses (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(834,977)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(186,189)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(34,560)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(109,770)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(29,034)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(91,466)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,567,874)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(2,853,870)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other operating (income) expenses, net (note&#13;    27)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,055,190)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(218,009)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(3,860)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;147,155&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,486)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(40,630)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(731,061)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,903,081)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Equity in results of affiliated companies (note&#13;    10)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;125,715&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;125,715&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td colspan="2" style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Operating&#13;    result before Financial Income and Taxes&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(903,996)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,227,204&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;28,687&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;328,530&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;28,069&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(169,010)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(997,567)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,541,917&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sales&#13;    by geographic area&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Asia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,980&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6,742,946&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,463,870&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;8,209,796&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;North America&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;767,977&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;767,977&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Latin America&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;169,036&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;169,036&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Europe&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,978,994&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,357,867&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,336,861&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,046&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,046&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Foreign market&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,921,033&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;9,100,813&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,463,870&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;14,485,716&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Domestic market&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;10,027,999&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;926,836&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;240,451&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,321,355&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;325,343&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;570,805&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,462,088)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;10,950,701&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;13,949,032&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;10,027,649&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;240,451&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,321,355&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;325,343&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;570,805&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(998,218)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;25,436,417&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&lt;p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"&gt;&amp;#160;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 28%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;P&amp;#38;L&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Steel&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Mining&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Logistics&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; vertical-align: middle; font-weight: bold; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Energy&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Cement&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Corporate&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;expenses/&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;elimination&lt;/b&gt;&lt;/font&gt;&lt;/p&gt;&#13;        &lt;p style="margin-top: 0pt; margin-bottom: 0pt"&gt;&lt;/p&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Port&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Railroads&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Net revenue (note 25)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;15,634,143&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,984,781&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;266,378&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,506,114&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;410,606&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;588,230&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,421,366)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;22,968,887&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost of sales and services (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(12,613,216)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(3,585,691)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(189,999)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,049,071)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(286,734)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(544,266)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,163,321&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(16,105,656)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Gross profit&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,020,927&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,399,091&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;76,378&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;457,043&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;123,872&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;43,965&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;741,956&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;6,863,231&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;General and administrative expenses (note 26)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(984,980)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(144,754)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(35,423)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(106,412)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(27,948)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(95,893)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(1,362,302)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(2,757,711)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Other operating (income) expenses, net (note&#13;    27)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,993,790&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(222,957)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,469)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(34,911)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(387)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;299&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;971,970&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,705,335&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Equity in results of affiliated companies (note&#13;    10)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;135,706&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;135,706&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td colspan="2" style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Operating&#13;    result before Financial Income and Taxes&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;4,029,736&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2,031,379&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;38,486&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;315,721&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;95,537&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(51,628)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;487,330&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;6,946,561&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sales&#13;    by geographic area&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Asia&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;40,681&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4,422,377&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,297,258&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,760,316&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;North America&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,506,041&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,506,041&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Latin America&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;369,830&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;369,830&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Europe&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,330,991&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;590,043&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,921,034&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;58,229&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;58,229&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Foreign market&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,305,771&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,012,420&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;1,297,258&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;11,615,450&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Domestic market&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;10,328,372&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;972,360&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;266,378&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,506,114&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;410,606&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;588,230&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(2,718,623)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;11,353,437&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;15,634,143&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;5,984,781&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;266,378&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,506,114&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;410,606&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;588,230&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(1,421,366)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;22,968,887&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfConsolidatedSegmentResultsTableTextBlock>
    <sid:SummaryOfActuarialEmployeeBenefitAssetsAndLiabilitiesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;actuarial calculations are updated, at the end of each year, by external actuaries and presented in the financial statements in&#13;accordance with IAS 19 - &lt;i&gt;Employee Benefits&lt;/i&gt;.&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 57%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Actuarial&#13;    asset&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Actuarial&#13;    liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Benefits of pension&#13;    plans&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(13,819)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(13,714)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;79,546&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;19,788&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Post-employment&#13;    healthcare benefits&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;678,880&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;892,396&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(13,819)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(13,714)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;758,426&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;912,184&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfActuarialEmployeeBenefitAssetsAndLiabilitiesTableTextBlock>
    <sid:SummaryOfReconciliationOfEmployeeBenefitsAssetsAndLiabilitiesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;reconciliation of assets and liabilities of employee benefits is presented below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 65%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Present value of defined benefit obligation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,645,822&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,581,460&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,087,433&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fair value of&#13;    plan assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,766,194)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(3,894,488)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(3,403,906)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Deficit(Surplus)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(120,372)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(313,028)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(316,473)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Restriction to actuarial assets due to recovery&#13;    limitation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;186,099&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;319,102&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;224,561&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Liabilities (Assets),&#13;    net&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;65,727&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;6,074&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(91,912)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;79,546&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;19,788&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;7,982&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(13,819)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(13,714)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(99,894)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Net (assets) recognized&#13;    in the balance sheet&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;65,727&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;6,074&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(91,912)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfReconciliationOfEmployeeBenefitsAssetsAndLiabilitiesTableTextBlock>
    <sid:SummaryOfChangesInPresentValueOfDefinedBenefitObligationTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;change in the present value of the defined benefit obligation is shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 63%; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Present value of&#13;    obligations at the beginning of the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,581,460&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,087,433&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,077,849&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost of service&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;968&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,093&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,169&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;236,551&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;283,487&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;304,132&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Participant contributions&#13;    made in the period&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,998&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;2,126&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Benefits paid&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(278,960)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(269,995)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(280,493)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial loss/(gain)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;103,805&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;477,316&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(15,224)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Present value of&#13;    obligations at the end of the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;3,645,822&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,581,460&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;3,087,433&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfChangesInPresentValueOfDefinedBenefitObligationTableTextBlock>
    <sid:SummaryOfChangesInFairValueOfPlanAssetsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: middle"&gt;&lt;td colspan="6" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; font-size-adjust: none; font-stretch: normal"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;    change in the fair value of the plan&amp;#8217;s assets is shown below:&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair value of plan&#13;    assets at the beginning of the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(3,894,488)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(3,403,906)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(3,305,356)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(257,946)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(314,102)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(327,830)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Benefits Paid&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;278,960&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;269,995&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;280,493&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Participant contributions&#13;    made in the period&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(1,998)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(2,127)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Return on plan&#13;    assets (less interest income)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;109,279&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(444,348)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(51,213)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Fair value of plan&#13;    assets at the end of the year&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(3,766,193)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(3,894,488)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(3,403,906)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfChangesInFairValueOfPlanAssetsTableTextBlock>
    <sid:SummaryOfEmployeeBenefitsRecognizedInIncomeStatementTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td colspan="6" style="text-align: justify; line-height: 115%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;    composition of the amounts recognized in the income statement is shown below:&lt;/font&gt;&lt;/td&gt;&#13;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Cost of current&#13;    service&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;968&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,093&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,169&lt;/font&gt;&lt;/td&gt;&#13;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest cost&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;236,551&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;283,487&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;304,132&lt;/font&gt;&lt;/td&gt;&#13;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Expected return&#13;    on plan assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(257,946)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(314,102)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(327,830)&lt;/font&gt;&lt;/td&gt;&#13;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Interest on the&#13;    asset ceiling effect&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;21,737&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;21,502&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;16,340&lt;/font&gt;&lt;/td&gt;&#13;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total costs / (income),&#13;    net&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;1,310&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: white; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(8,020)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(6,189)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;&lt;/tr&gt;&#13;&lt;/table&gt;</sid:SummaryOfEmployeeBenefitsRecognizedInIncomeStatementTableTextBlock>
    <sid:SummaryOfChangesInActuarialGainsAndLossesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: bottom"&gt;&lt;td colspan="6" style="text-align: justify; line-height: 115%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;    movement of actuarial gains and losses is shown below:&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial losses and (gains)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;103,805&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;477,316&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(15,224)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Return on plan&#13;    assets (less interest income)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;109,279&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(444,348)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(51,213)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Change in the&#13;    asset&amp;#8217;s limit (excluding interest income)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(154,741)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;73,039&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;50,058&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total cost of actuarial&#13;    losses and (gains)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;58,343&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;106,007&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(16,379)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfChangesInActuarialGainsAndLossesTableTextBlock>
    <sid:SummaryOfBreakdownOfActuarialGainsOrLossesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: middle"&gt;&lt;td colspan="6" style="text-align: justify; line-height: 115%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;    breakdown of actuarial gains and losses is shown below:&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loss due to change&#13;    in demographic assumptions&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;67,930&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(139,813)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loss due to change&#13;    in financial assumptions&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(30,454)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;472,715&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;46,917&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Loss due to experience&#13;    adjustments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;66,329&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;4,601&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;77,672&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Return on plan&#13;    assets (less interest income)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;109,279&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(444,348)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(51,213)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Change in the&#13;    asset&amp;#8217;s limit (excluding interest income)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(154,741)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;73,039&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: left; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;50,058&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial losses and (gains)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;58,343&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;106,007&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(16,379)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfBreakdownOfActuarialGainsOrLossesTableTextBlock>
    <sid:SummaryOfActuarialAssumptionsUsedTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;main actuarial assumptions used were as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 28%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 37%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 34%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial financing&#13;    method&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Projected&#13;    unit credit&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Projected&#13;    unit credit&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Functional currency&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Real&#13;    (R$)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Real&#13;    (R$)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Recognition of&#13;    plan assets&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fair&#13;    value&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fair&#13;    value&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Nominal&#13;    discount rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Millennium&#13;    Plan: 6,95%&lt;br /&gt;Plan 35%: 6,24%&lt;br /&gt;Supplementation : 6,44%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Millennium&#13;    Plan: 6,98%&lt;br /&gt;Plan 35%: 6,75%&lt;br /&gt;Supplementation: 6,81%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Inflation rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.32%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.61%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Nominal salary&#13;    increase rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.35%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.65%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Nominal benefit&#13;    increase rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.32%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.61%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Rate&#13;    of return on investments&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Millennium&#13;    Plan: 6,95%&lt;br /&gt;Plan 35%: 6,24%&lt;br /&gt;Supplementation : 6,44%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Millennium&#13;    Plan: 6,98%&lt;br /&gt;Plan 35%: 6,75%&lt;br /&gt;Supplementation: 6,81%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;General mortality&#13;    table&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Millennium&#13;    Plan: AT-2012 segregated by gender&lt;br /&gt;Plan 35%: AT-2000 Male aggravated by 15%&lt;br /&gt;Supplementation: AT-2000 aggravated&#13;    by 10% segregated by gender&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Millennium&#13;    Plan: AT-2000 smoothed down by 10% segregated by gender&lt;br /&gt;Plan 35%: AT-2000 Male aggravated by 15%&lt;br /&gt;Supplementation:&#13;    AT-2000 aggravated by 10% segregated by gender&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Disability table&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;35%&#13;    Plan Light Medium. &lt;br /&gt;Millenium Plan: Prudential (-10%)&amp;#160;Supplementation: not applicable&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;35%&#13;    Plan and Supplementation: Light Medium. Millenium Plan:&lt;br /&gt;Prudential (Ferr. Retirement)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Disability mortality&#13;    table&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Millenium&#13;    Plan: AT-71&lt;br /&gt;35% Plan : MI-2006 -10% M&amp;#38;F&amp;#160;Supplementation: Winklevoss -10%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;Winklevoss&#13;    - 1%&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Turnover table&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Millenium&#13;    plan 5% per annum, zero for plans 35% and Supplementation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Millenium&#13;    plan 5% per annum, zero for plans 35% and Supplementation&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Retirement age&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;100%&#13;    on the first date he/she becomes eligible for programmed retirement benefit under the plan&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;100%&#13;    on the first date he/she becomes eligible for programmed retirement benefit under the plan&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Household of&#13;    active participants&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;95%&#13;    will be married at the time of retirement, with the wife being 4 years younger than the husband&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;95%&#13;    will be married at the time of retirement, with the wife being 4 years younger than the husband&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfActuarialAssumptionsUsedTableTextBlock>
    <sid:SummaryOfAverageLifeExpectancyTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;These tables translate into&#13;an average life expectancy in years for employees aged 65 and 40:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Plan&#13;    covering 35% of the average salary&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Average&#13;    salary supplementation plan&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-top: black 1pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Mixed&#13;    supplementary benefit plan (Mil&amp;#234;nio Plan)&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 47%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Longevity&#13;    at age of 65 for current participants&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Male&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18.38&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;18.38&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;18.75&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18.75&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;21.47&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20.45&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Female&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;18.38&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;18.38&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;21.41&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;21.41&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23.34&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;23.02&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Longevity at age&#13;    of 40 for current participants&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Male&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;40.15&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;40.15&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;40.60&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;40.60&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;44.07&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;42.70&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Female&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;40.15&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;40.15&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;44.41&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;44.41&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;46.68&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;46.28&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfAverageLifeExpectancyTableTextBlock>
    <sid:SummaryOfAllocationOfPlanAssetsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Allocation&#13;of plan assets:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 32%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Variable income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;54,285&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.44%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;25,236&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.65%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;141,705&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.16%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Fixed income&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,438,735&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;91.31%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,607,398&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;92.63%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,050,099&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;89.61%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Real estate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;182,145&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.84%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;183,098&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.70%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;52,091&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.53%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Others&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;91,028&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.42%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;78,756&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2.02%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;160,011&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.70%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,766,193&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: white; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,894,488&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,403,906&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;100.00%&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfAllocationOfPlanAssetsTableTextBlock>
    <sid:SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPensionPlansTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;quantitative sensitivity analysis in relation to significant assumptions, for pension plans on December 31, 2020 is shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 49%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 8%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-top: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Plan&#13;    covering 35% of the average salary&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Average&#13;    salary supplementation plan&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Mixed&#13;    supplementary benefit plan (Mil&amp;#234;nio Plan)&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assumption: Discount&#13;    rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity level&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on current service cost and on interest on actuarial obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,005)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,084&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(5,507)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;5,954&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,758)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;5,309&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on present value of obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;17,381&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(16,114)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;92,456&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(85,515)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;76,188&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(68,287)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assumption: Salary&#13;    growth&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity level&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on current service cost and on interest on actuarial obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;191&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(181)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on present value of obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,079&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,030)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assumption: Mortality&#13;    table&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity level&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on current service cost and on interest on actuarial obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;120&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(120)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;623&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(623)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;430&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(430)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on present value of obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,928&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,928)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;9,669&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(9,669)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;5,975&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(5,975)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assumption: Benefit&#13;    adjustment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity level&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;+1 year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;- 1 year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;+1 year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;- 1 year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;+1 year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;- 1 year&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on current service cost and on interest on actuarial obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;850&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(839)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,382&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(4,362)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,562&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,541)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on present value of obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13,626&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(13,455)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;68,039&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(67,726)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;22,603&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(22,306)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPensionPlansTableTextBlock>
    <sid:SummaryOfForecastBenefitPaymentsOfDefinedBenefitPlansTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Following&#13;are the expected benefits for future years for defined benefit plans:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 53%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Forecast&#13;    payments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 23%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 23%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;281,314&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;272,801&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;266,342&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 4&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;259,595&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;252,578&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Next 5 years&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,137,146&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    forecast payments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,469,776&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfForecastBenefitPaymentsOfDefinedBenefitPlansTableTextBlock>
    <sid:SummaryOfPostEmploymentHealthCarePlanAmountsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;amounts recognized in the balance sheet were determined as follows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 65%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 17%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 17%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Present value of obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;678,880&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;892,396&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Liabilities&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;678,880&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;892,396&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfPostEmploymentHealthCarePlanAmountsTableTextBlock>
    <sid:SummaryOfReconciliationOfHealthcareLiabilitiesTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;reconciliation of health benefit liabilities is presented below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 65%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 17%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 17%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial liability at the beginning of the&#13;    year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;892,396&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;897,137&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Expenses recognized in income for the year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;57,731&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;69,907&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Sponsor&amp;#8217;s contributions transferred in&#13;    prior year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(81,340)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(82,081)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Recognition of actuarial loss/(gain)&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(189,907)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;7,433&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Actuarial&#13;    liability at the end of the year&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;678,880&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;892,396&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfReconciliationOfHealthcareLiabilitiesTableTextBlock>
    <sid:SummaryOfActuarialGainsAndLossesRecognizedInShareholdersEquityTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;actuarial gains and losses recognized in equity are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 53%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Gain/(loss) recognized in shareholders' equity&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(189,907)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;7,433&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;16,237&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfActuarialGainsAndLossesRecognizedInShareholdersEquityTableTextBlock>
    <sid:SummaryOfWeightedAverageLifeExpectancyTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Below&#13;is the weighted average life expectancy based on the mortality table used to determine the actuarial obligations:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 65%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 13%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Longevity&#13;    at age of 65 for current participants&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Male&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20.24&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;20.24&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;19.55&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Female&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;20.24&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;20.24&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;22.17&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Longevity at age&#13;    of 40 for current participants&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Male&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;42.74&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;42.74&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;41.59&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Female&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;42.74&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;42.74&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-size: 10pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;45.30&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfWeightedAverageLifeExpectancyTableTextBlock>
    <sid:SummaryOfActuarialAssumptionsUsedForCalculatingPostEmploymentHealthcareBenefitsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;actuarial assumptions used to calculate post-employment health benefits were:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="width: 53%; vertical-align: bottom; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; font-weight: bold; background-color: white"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Biometric and Demographic&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;General mortality table&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;AT 2000 segregated&#13;    by gender&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;AT 2000 segregated&#13;    by gender&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; color: red; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Actuarial nominal discount rate&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6.53%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6.78%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Inflation&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.32%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3.61%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Real increase in medical costs based on age&#13;    (Aging Factor)&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0,5% - 3,00% real&#13;    per year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0,5% - 3,00% real&#13;    per year&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Nominal increase medical costs growth rate&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;4.10%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;6.98%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: white"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Average medical cost (Claim cost)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;913.00&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;1,319.36&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfActuarialAssumptionsUsedForCalculatingPostEmploymentHealthcareBenefitsTableTextBlock>
    <sid:SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPostEmploymentHealthcarePlansTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;quantitative sensitivity analysis for significant assumptions for the post-employment health benefit as of December 31, 2020 is&#13;shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 65%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 17%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 17%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Healthcare&#13;    Plan&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assumption:&#13;    Discount rate&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity level&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0.5%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-0.5%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on current service cost and on interest on actuarial obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,216&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(1,339)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on present value of obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(30,300)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;33,447&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assumption:&#13;    Medical Inflation&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity level&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1.0%&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-1.0%&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on current service cost and on interest on actuarial obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;4,749&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(3,978)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on present value of obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;72,688&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(60,887)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="2" style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Assumption:&#13;    Benefit adjustment&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Sensitivity level&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;+1 year&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;- 1 year&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on current service cost and on interest on actuarial obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;3,123&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(2,925)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left; padding-left: 24px"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Effect&#13;    on present value of obligations&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;47,797&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(44,768)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPostEmploymentHealthcarePlansTableTextBlock>
    <sid:SummaryOfForecastBenefitPaymentsOfPostEmploymentHealthcarePlansTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Following&#13;are the expected benefits for future exercises for post-employment health benefit plans:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="width: 53%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Forecast&#13;    benefit payments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 23%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 23%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 1&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;60,143&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 2&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;58,312&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 3&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;56,323&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 4&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;54,177&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Year 5&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;51,892&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Next 5 years&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;221,734&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&#13;    forecast payments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;502,581&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfForecastBenefitPaymentsOfPostEmploymentHealthcarePlansTableTextBlock>
    <sid:SummaryOfTakeOrPayContractsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;As&#13;of December 31, 2020 and 2019, the Company &lt;font style="line-height: 115%"&gt;was a party to take-or-pay contracts as shown in the&#13;following table&lt;/font&gt;:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 9pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="3" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Payments&#13;    in the period&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; color: red"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 47%; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Type&#13;    of service&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; color: red; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2021&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2022&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;2023&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;After&#13;    2023&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Transportation&#13;    of iron ore, coal, coke, steel products, cement and mining products.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,555,398&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;946,865&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,195,158&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,195,508&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,195,508&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3,476,220&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,062,394&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Supply&#13;    of power, natural gas, oxygen, nitrogen, argon and iron ore pellets.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;959,362&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,044,380&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;674,378&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28,530&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;24,779&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;191,284&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;918,971&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Processing&#13;    of slag generated during pig iron and steel production.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;56,024&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;75,863&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;13,240&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;9,298&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2,652&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;0&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;25,190&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Manufacturing,&#13;    repair, recovery and production of ingot casting machine units.&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,930&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;7,674&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;480&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;480&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Oil&#13;    Storage and Handling&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;-&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,900&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,608&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,608&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;1,608&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;402&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;5,226&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Labor&#13;    and consultancy services&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;27,002&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;32,279&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;28,428&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;27,380&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;27,380&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;191,657&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;274,845&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,603,716&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;2,108,961&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,913,292&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,262,324&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;1,251,927&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;3,859,563&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;8,287,106&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfTakeOrPayContractsTableTextBlock>
    <sid:SummaryOfAdditionalInformationRelatedToStatementOfCashFlowsTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;following table presents additional information on transactions related to the statement of cash flows:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="width: 59%; font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 13%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Consolidated&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2018&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Income tax and social contribution paid&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;542,877&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;1,167,419&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;336,962&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Addition to PP&amp;#38;E with interest capitalization&#13;    (notes 11 and 28)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;92,506&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;117,189&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;71,611&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Initial adoption IFRS16 &amp;#8211; Right of use&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;640,989&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Remeasurement and addition &amp;#8211; Right of&#13;    use (note 11 a)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;109,993&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(151,558)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Addition to PP&amp;#38;E without adding cash&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;30,345&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;278,213&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;10,792&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Capitalization in subsidiaries without cash&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;104,809&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Addition to investment property without cash&#13;    effect&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;61,597&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: bottom"&gt;&#13;    &lt;td style="font-weight: bold"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;942,127&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;2,052,252&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;419,365&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:SummaryOfAdditionalInformationRelatedToStatementOfCashFlowsTableTextBlock>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">287995000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">15136000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_LandMember" unitRef="BRL" decimals="-3">1499000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember" unitRef="BRL" decimals="-3">2978000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember" unitRef="BRL" decimals="-3">8033000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" decimals="-3">106000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" decimals="-3">2464000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-9" decimals="-3">56000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_LandMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_LandMember" unitRef="BRL" decimals="-3">30271000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember" unitRef="BRL" decimals="-3">57838000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_MachineryMember" unitRef="BRL" decimals="-3">186591000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" decimals="-3">2416000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" decimals="-3">4727000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" id="Foot-09-6" decimals="-3">4329000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-10" decimals="-3">1823000</ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_LandMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_MachineryMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_ConstructionInProgressMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_MachineryMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_FixturesAndFittingsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1762281000</ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">2492669000</ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_LandMember" unitRef="BRL" decimals="-3">6125000</ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember" unitRef="BRL" decimals="-3">16116000</ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember" unitRef="BRL" decimals="-3">459460000</ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" decimals="-3">1763000</ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" decimals="-3">1924520000</ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">43111000</ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-11" decimals="-3">41574000</ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_LandMember" unitRef="BRL" decimals="-3">654000</ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember" unitRef="BRL" decimals="-3">865000</ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_MachineryMember" unitRef="BRL" decimals="-3">122744000</ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" decimals="-3">874000</ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" decimals="-3">1583054000</ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" id="Foot-09-7" decimals="-3">49934000</ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment>
    <ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-12" decimals="-3">4156000</ifrs-full:AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment>
    <sid:CapitalizedInterestPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31" unitRef="BRL" id="Foot-09-8" decimals="-3">92506000</sid:CapitalizedInterestPropertyPlantAndEquipment>
    <sid:CapitalizedInterestPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31" unitRef="BRL" id="Foot-09-9" decimals="-3">117189000</sid:CapitalizedInterestPropertyPlantAndEquipment>
    <sid:CapitalizedInterestPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember" unitRef="BRL" id="Foot-09-10" decimals="-3">13000</sid:CapitalizedInterestPropertyPlantAndEquipment>
    <sid:CapitalizedInterestPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" id="Foot-09-11" decimals="-3">117176000</sid:CapitalizedInterestPropertyPlantAndEquipment>
    <sid:CapitalizedInterestPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" id="Foot-09-12" decimals="-3">92506000</sid:CapitalizedInterestPropertyPlantAndEquipment>
    <ifrs-full:DisposalsPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">12998000</ifrs-full:DisposalsPropertyPlantAndEquipment>
    <ifrs-full:DisposalsPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">114603000</ifrs-full:DisposalsPropertyPlantAndEquipment>
    <ifrs-full:DisposalsPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_LandMember" unitRef="BRL" decimals="-3">2143000</ifrs-full:DisposalsPropertyPlantAndEquipment>
    <ifrs-full:DisposalsPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember" unitRef="BRL" decimals="-3">130000</ifrs-full:DisposalsPropertyPlantAndEquipment>
    <ifrs-full:DisposalsPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember" unitRef="BRL" decimals="-3">80426000</ifrs-full:DisposalsPropertyPlantAndEquipment>
    <ifrs-full:DisposalsPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" decimals="-3">1000</ifrs-full:DisposalsPropertyPlantAndEquipment>
    <ifrs-full:DisposalsPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" decimals="-3">30400000</ifrs-full:DisposalsPropertyPlantAndEquipment>
    <ifrs-full:DisposalsPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">1354000</ifrs-full:DisposalsPropertyPlantAndEquipment>
    <ifrs-full:DisposalsPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-13" decimals="-3">149000</ifrs-full:DisposalsPropertyPlantAndEquipment>
    <ifrs-full:DisposalsPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_LandMember" unitRef="BRL" decimals="-3">188000</ifrs-full:DisposalsPropertyPlantAndEquipment>
    <ifrs-full:DisposalsPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_MachineryMember" unitRef="BRL" decimals="-3">3073000</ifrs-full:DisposalsPropertyPlantAndEquipment>
    <ifrs-full:DisposalsPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" decimals="-3">33000</ifrs-full:DisposalsPropertyPlantAndEquipment>
    <ifrs-full:DisposalsPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" decimals="-3">9000</ifrs-full:DisposalsPropertyPlantAndEquipment>
    <ifrs-full:DisposalsPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" id="Foot-09-13" decimals="-3">7318000</ifrs-full:DisposalsPropertyPlantAndEquipment>
    <ifrs-full:DisposalsPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-14" decimals="-3">2377000</ifrs-full:DisposalsPropertyPlantAndEquipment>
    <ifrs-full:DepreciationPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">2439322000</ifrs-full:DepreciationPropertyPlantAndEquipment>
    <ifrs-full:DepreciationPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">1466219000</ifrs-full:DepreciationPropertyPlantAndEquipment>
    <ifrs-full:DepreciationPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember" unitRef="BRL" decimals="-3">135313000</ifrs-full:DepreciationPropertyPlantAndEquipment>
    <ifrs-full:DepreciationPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember" unitRef="BRL" decimals="-3">1241026000</ifrs-full:DepreciationPropertyPlantAndEquipment>
    <ifrs-full:DepreciationPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" decimals="-3">5999000</ifrs-full:DepreciationPropertyPlantAndEquipment>
    <ifrs-full:DepreciationPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">58843000</ifrs-full:DepreciationPropertyPlantAndEquipment>
    <ifrs-full:DepreciationPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-15" decimals="-3">25038000</ifrs-full:DepreciationPropertyPlantAndEquipment>
    <ifrs-full:DepreciationPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_LandMember" unitRef="BRL" decimals="-3">458000</ifrs-full:DepreciationPropertyPlantAndEquipment>
    <ifrs-full:DepreciationPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember" unitRef="BRL" decimals="-3">780395000</ifrs-full:DepreciationPropertyPlantAndEquipment>
    <ifrs-full:DepreciationPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_MachineryMember" unitRef="BRL" decimals="-3">1564525000</ifrs-full:DepreciationPropertyPlantAndEquipment>
    <ifrs-full:DepreciationPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" decimals="-3">6747000</ifrs-full:DepreciationPropertyPlantAndEquipment>
    <ifrs-full:DepreciationPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" id="Foot-09-14" decimals="-3">62680000</ifrs-full:DepreciationPropertyPlantAndEquipment>
    <ifrs-full:DepreciationPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-16" decimals="-3">24517000</ifrs-full:DepreciationPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_LandMember" unitRef="BRL" decimals="-3">790000</ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember" unitRef="BRL" decimals="-3">294872000</ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember" unitRef="BRL" decimals="-3">1766047000</ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" decimals="-3">2629000</ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" decimals="-3">-2053290000</ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-17" decimals="-3">-11048000</ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_LandMember" unitRef="BRL" decimals="-3">458000</ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember" unitRef="BRL" decimals="-3">67574000</ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_MachineryMember" unitRef="BRL" decimals="-3">1112024000</ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" decimals="-3">1338000</ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" decimals="-3">-1212373000</ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-18" decimals="-3">30979000</ifrs-full:IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-4633000</ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-11896000</ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember" unitRef="BRL" decimals="-3">-31000</ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" decimals="-3">-11865000</ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill>
    <ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-19" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill contextRef="From2020-01-01to2020-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" decimals="-3">-4633000</ifrs-full:IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill>
    <sid:RightOfUseInitialRecognitionPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">640989000</sid:RightOfUseInitialRecognitionPropertyPlantAndEquipment>
    <sid:RightOfUseInitialRecognitionPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember" unitRef="BRL" xsi:nil="true" />
    <sid:RightOfUseInitialRecognitionPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" xsi:nil="true" />
    <sid:RightOfUseInitialRecognitionPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" xsi:nil="true" />
    <sid:RightOfUseInitialRecognitionPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">640989000</sid:RightOfUseInitialRecognitionPropertyPlantAndEquipment>
    <sid:RightOfUseInitialRecognitionPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-20" xsi:nil="true" />
    <sid:RightOfUseInitialRecognitionPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">556133000</sid:RightOfUseInitialRecognitionPropertyPlantAndEquipment>
    <sid:RightOfUseInitialRecognitionPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">54513000</sid:RightOfUseInitialRecognitionPropertyPlantAndEquipment>
    <sid:RightOfUseInitialRecognitionPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">9783000</sid:RightOfUseInitialRecognitionPropertyPlantAndEquipment>
    <sid:RightOfUseInitialRecognitionPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">20560000</sid:RightOfUseInitialRecognitionPropertyPlantAndEquipment>
    <sid:RightOfUseRemesurementPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">60058000</sid:RightOfUseRemesurementPropertyPlantAndEquipment>
    <sid:RightOfUseRemesurementPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-151558000</sid:RightOfUseRemesurementPropertyPlantAndEquipment>
    <sid:RightOfUseRemesurementPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember" unitRef="BRL" xsi:nil="true" />
    <sid:RightOfUseRemesurementPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" xsi:nil="true" />
    <sid:RightOfUseRemesurementPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" xsi:nil="true" />
    <sid:RightOfUseRemesurementPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">-151558000</sid:RightOfUseRemesurementPropertyPlantAndEquipment>
    <sid:RightOfUseRemesurementPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-21" xsi:nil="true" />
    <sid:RightOfUseRemesurementPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" id="Foot-09-15" decimals="-3">60058000</sid:RightOfUseRemesurementPropertyPlantAndEquipment>
    <sid:AroUpdatesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">269445000</sid:AroUpdatesPropertyPlantAndEquipment>
    <sid:AroUpdatesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">225125000</sid:AroUpdatesPropertyPlantAndEquipment>
    <sid:AroUpdatesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember" unitRef="BRL" decimals="-3">225125000</sid:AroUpdatesPropertyPlantAndEquipment>
    <sid:AroUpdatesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember" unitRef="BRL" xsi:nil="true" />
    <sid:AroUpdatesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" xsi:nil="true" />
    <sid:AroUpdatesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" xsi:nil="true" />
    <sid:AroUpdatesPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-22" xsi:nil="true" />
    <sid:AroUpdatesPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember" unitRef="BRL" decimals="-3">269445000</sid:AroUpdatesPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-101195000</ifrs-full:IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_LandMember" unitRef="BRL" decimals="-3">-67176000</ifrs-full:IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember" unitRef="BRL" decimals="-3">-20030000</ifrs-full:IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" decimals="-3">-13989000</ifrs-full:IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment>
    <ifrs-full:IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-23" xsi:nil="true" />
    <sid:ConsolidationCBSIPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">9123000</sid:ConsolidationCBSIPropertyPlantAndEquipment>
    <sid:ConsolidationCBSIPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember" unitRef="BRL" decimals="-3">4940000</sid:ConsolidationCBSIPropertyPlantAndEquipment>
    <sid:ConsolidationCBSIPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" decimals="-3">-573000</sid:ConsolidationCBSIPropertyPlantAndEquipment>
    <sid:ConsolidationCBSIPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" xsi:nil="true" />
    <sid:ConsolidationCBSIPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-24" decimals="-3">4756000</sid:ConsolidationCBSIPropertyPlantAndEquipment>
    <sid:OthersPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-53000</sid:OthersPropertyPlantAndEquipment>
    <sid:OthersPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-680000</sid:OthersPropertyPlantAndEquipment>
    <sid:OthersPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember" unitRef="BRL" decimals="-3">-680000</sid:OthersPropertyPlantAndEquipment>
    <sid:OthersPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" xsi:nil="true" />
    <sid:OthersPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" xsi:nil="true" />
    <sid:OthersPropertyPlantAndEquipment contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-25" xsi:nil="true" />
    <sid:OthersPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_MachineryMember" unitRef="BRL" decimals="-3">3000</sid:OthersPropertyPlantAndEquipment>
    <sid:OthersPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_FixturesAndFittingsMember" unitRef="BRL" decimals="-3">-6000</sid:OthersPropertyPlantAndEquipment>
    <sid:OthersPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_ConstructionInProgressMember" unitRef="BRL" decimals="-3">-2000</sid:OthersPropertyPlantAndEquipment>
    <sid:OthersPropertyPlantAndEquipment contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember" unitRef="BRL" id="Foot-10-26" decimals="-3">-48000</sid:OthersPropertyPlantAndEquipment>
    <ifrs-full:RightofuseAssets contextRef="AsOf2019-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">472345000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2019-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">531044000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2019-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-58699000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2020-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">516668000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2020-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">634786000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2020-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-118118000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2019-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">380566000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2019-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">64154000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2019-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">24144000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">3481000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2019-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">401746000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2019-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">73344000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2019-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">39455000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">16499000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2019-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-21180000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2019-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-9190000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2019-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-15311000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-13018000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2020-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">393015000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2020-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">66086000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2020-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">51946000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">5621000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2020-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">434689000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2020-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">75882000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2020-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">81598000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" decimals="-3">42617000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2020-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-41674000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2020-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-9796000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2020-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-29652000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" decimals="-3">-36996000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2018-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">556133000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2018-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">54513000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2018-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">9783000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2018-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">20560000</ifrs-full:RightofuseAssets>
    <ifrs-full:RightofuseAssets contextRef="AsOf2018-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">640989000</ifrs-full:RightofuseAssets>
    <ifrs-full:IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities contextRef="From2020-01-01to2020-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">4329000</ifrs-full:IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities>
    <ifrs-full:IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities contextRef="From2020-01-01to2020-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities contextRef="From2020-01-01to2020-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">988000</ifrs-full:IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities>
    <ifrs-full:IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities contextRef="From2020-01-01to2020-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">294000</ifrs-full:IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities>
    <ifrs-full:IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">3047000</ifrs-full:IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities>
    <ifrs-full:IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities contextRef="From2020-01-01to2020-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities contextRef="From2020-01-01to2020-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities contextRef="From2020-01-01to2020-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities contextRef="From2020-01-01to2020-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <ifrs-full:AdditionsToRightofuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">43111000</ifrs-full:AdditionsToRightofuseAssets>
    <ifrs-full:AdditionsToRightofuseAssets contextRef="From2020-01-01to2020-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">49934000</ifrs-full:AdditionsToRightofuseAssets>
    <ifrs-full:AdditionsToRightofuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">6719000</ifrs-full:AdditionsToRightofuseAssets>
    <ifrs-full:AdditionsToRightofuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">34197000</ifrs-full:AdditionsToRightofuseAssets>
    <ifrs-full:AdditionsToRightofuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">2195000</ifrs-full:AdditionsToRightofuseAssets>
    <ifrs-full:AdditionsToRightofuseAssets contextRef="From2020-01-01to2020-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">9039000</ifrs-full:AdditionsToRightofuseAssets>
    <ifrs-full:AdditionsToRightofuseAssets contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">4561000</ifrs-full:AdditionsToRightofuseAssets>
    <ifrs-full:AdditionsToRightofuseAssets contextRef="From2020-01-01to2020-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">23720000</ifrs-full:AdditionsToRightofuseAssets>
    <ifrs-full:AdditionsToRightofuseAssets contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">12614000</ifrs-full:AdditionsToRightofuseAssets>
    <sid:RightofuseAssetsRemeasurement contextRef="From2019-01-01to2019-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">-151558000</sid:RightofuseAssetsRemeasurement>
    <sid:RightofuseAssetsRemeasurement contextRef="From2020-01-01to2020-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">60058000</sid:RightofuseAssetsRemeasurement>
    <sid:RightofuseAssetsRemeasurement contextRef="From2019-01-01to2019-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">-152915000</sid:RightofuseAssetsRemeasurement>
    <sid:RightofuseAssetsRemeasurement contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">12112000</sid:RightofuseAssetsRemeasurement>
    <sid:RightofuseAssetsRemeasurement contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">-4525000</sid:RightofuseAssetsRemeasurement>
    <sid:RightofuseAssetsRemeasurement contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">-6230000</sid:RightofuseAssetsRemeasurement>
    <sid:RightofuseAssetsRemeasurement contextRef="From2020-01-01to2020-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">34645000</sid:RightofuseAssetsRemeasurement>
    <sid:RightofuseAssetsRemeasurement contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">3827000</sid:RightofuseAssetsRemeasurement>
    <sid:RightofuseAssetsRemeasurement contextRef="From2020-01-01to2020-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">21557000</sid:RightofuseAssetsRemeasurement>
    <sid:RightofuseAssetsRemeasurement contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">29000</sid:RightofuseAssetsRemeasurement>
    <ifrs-full:DepreciationRightofuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">58843000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets contextRef="From2020-01-01to2020-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">62680000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">21314000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">9190000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">15311000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">13028000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets contextRef="From2020-01-01to2020-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">24467000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">983000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets contextRef="From2020-01-01to2020-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">14211000</ifrs-full:DepreciationRightofuseAssets>
    <ifrs-full:DepreciationRightofuseAssets contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">23019000</ifrs-full:DepreciationRightofuseAssets>
    <sid:WriteOffRightOfuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">-1354000</sid:WriteOffRightOfuseAssets>
    <sid:WriteOffRightOfuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <sid:WriteOffRightOfuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <sid:WriteOffRightOfuseAssets contextRef="From2020-01-01to2020-12-31_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">-7318000</sid:WriteOffRightOfuseAssets>
    <sid:WriteOffRightOfuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">-1338000</sid:WriteOffRightOfuseAssets>
    <sid:WriteOffRightOfuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">-16000</sid:WriteOffRightOfuseAssets>
    <sid:WriteOffRightOfuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <sid:WriteOffRightOfuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <sid:WriteOffRightOfuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <sid:WriteOffRightOfuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember_ifrs-full_GrossCarryingAmountMember" unitRef="BRL" xsi:nil="true" />
    <sid:WriteOffRightOfuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <sid:WriteOffRightOfuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <sid:WriteOffRightOfuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <sid:WriteOffRightOfuseAssets contextRef="From2019-01-01to2019-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember_ifrs-full_AccumulatedDepreciationAndAmortisationMember" unitRef="BRL" xsi:nil="true" />
    <sid:WriteOffRightOfuseAssets contextRef="From2020-01-01to2020-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">-6580000</sid:WriteOffRightOfuseAssets>
    <sid:WriteOffRightOfuseAssets contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">-399000</sid:WriteOffRightOfuseAssets>
    <sid:WriteOffRightOfuseAssets contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">-339000</sid:WriteOffRightOfuseAssets>
    <sid:TransfersToOtherAssetCategories contextRef="From2020-01-01to2020-12-31_ifrs-full_LandMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">-188000</sid:TransfersToOtherAssetCategories>
    <sid:TransfersToOtherAssetCategories contextRef="From2020-01-01to2020-12-31_ifrs-full_BuildingsMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">-6062000</sid:TransfersToOtherAssetCategories>
    <sid:TransfersToOtherAssetCategories contextRef="From2020-01-01to2020-12-31_ifrs-full_MachineryMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">-3558000</sid:TransfersToOtherAssetCategories>
    <sid:TransfersToOtherAssetCategories contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherPropertyPlantAndEquipmentMember_ifrs-full_RightofuseAssetsMember" unitRef="BRL" decimals="-3">9808000</sid:TransfersToOtherAssetCategories>
    <ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections contextRef="From2020-01-01to2020-12-31_custom_PackagingMember">Until 2030 + perpetuity</ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections>
    <ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections contextRef="From2020-01-01to2020-12-31_custom_MiningMember">Until 2064</ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections>
    <ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections contextRef="From2020-01-01to2020-12-31_custom_OtherSteelMember">Until 2030 + perpetuity</ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections>
    <ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections contextRef="From2020-01-01to2020-12-31_custom_FlatSteelMember">Until 2030 + perpetuity</ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections>
    <ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections contextRef="From2020-01-01to2020-12-31_custom_LogisticMember">by 2027</ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections>
    <ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal contextRef="From2020-01-01to2020-12-31_custom_PackagingMember">Update of gross margin based on historical data, incorporation of the impacts of business restructuring and market trends.</ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal>
    <ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal contextRef="From2020-01-01to2020-12-31_custom_MiningMember">It reflects projection of costs due to the progress of the mining plan as well as startup and project ramp up. Prices and exchange rates projected according to sectoral reports.</ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal>
    <ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal contextRef="From2020-01-01to2020-12-31_custom_OtherSteelMember">Update of gross margin based on historical data and market trends.</ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal>
    <ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal contextRef="From2020-01-01to2020-12-31_custom_FlatSteelMember">Update gross margin based on historical data and market trends.</ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal>
    <ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal contextRef="From2020-01-01to2020-12-31_custom_LogisticMember">Estimated based on market study to capture cargo and operating costs according to market trend studies</ifrs-full:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal>
    <sid:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization contextRef="From2020-01-01to2020-12-31_custom_PackagingMember">Update of costs based on historical data for each product and incorporation of the impacts of business restructuring.</sid:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization>
    <sid:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization contextRef="From2020-01-01to2020-12-31_custom_MiningMember">Update of costs based on historical data, progress of the mining plan as well as startup and project ramp up</sid:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization>
    <sid:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization contextRef="From2020-01-01to2020-12-31_custom_OtherSteelMember">Update of costs based on historical data and market trends.</sid:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization>
    <sid:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization contextRef="From2020-01-01to2020-12-31_custom_FlatSteelMember">Update of costs based on historical data and market trends.</sid:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization>
    <sid:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization contextRef="From2020-01-01to2020-12-31_custom_LogisticMember">Study-based costs and market trends</sid:DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization>
    <ifrs-full:DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate contextRef="From2020-01-01to2020-12-31_custom_PackagingMember">No growth.</ifrs-full:DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate>
    <ifrs-full:DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate contextRef="From2020-01-01to2020-12-31_custom_MiningMember">Without perpetuity.</ifrs-full:DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate>
    <ifrs-full:DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate contextRef="From2020-01-01to2020-12-31_custom_OtherSteelMember">No growth.</ifrs-full:DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate>
    <ifrs-full:DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate contextRef="From2020-01-01to2020-12-31_custom_FlatSteelMember">Growth of 1.4% per year in real terms, updated by long-term inflation of 1.7% per year in the Eurozone.</ifrs-full:DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate>
    <ifrs-full:DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate contextRef="From2020-01-01to2020-12-31_custom_LogisticMember">Without perpetuity.</ifrs-full:DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate>
    <ifrs-full:DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined contextRef="From2020-01-01to2020-12-31_custom_PackagingMember">DCF</ifrs-full:DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined>
    <ifrs-full:DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined contextRef="From2020-01-01to2020-12-31_custom_MiningMember">DCF</ifrs-full:DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined>
    <ifrs-full:DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined contextRef="From2020-01-01to2020-12-31_custom_OtherSteelMember">DCF</ifrs-full:DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined>
    <ifrs-full:DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined contextRef="From2020-01-01to2020-12-31_custom_FlatSteelMember">DCF</ifrs-full:DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined>
    <ifrs-full:DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined contextRef="From2020-01-01to2020-12-31_custom_LogisticMember">DCF</ifrs-full:DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined>
    <sid:GrossShorttermBorrowings contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">4155483000</sid:GrossShorttermBorrowings>
    <sid:GrossShorttermBorrowings contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">5152234000</sid:GrossShorttermBorrowings>
    <sid:GrossShorttermBorrowings contextRef="AsOf2019-12-31_custom_VariableInterestMember_custom_PrepaymentMember_custom_ForeignCurrencyMember" unitRef="BRL" id="Foot-58-0" decimals="-3">1769975000</sid:GrossShorttermBorrowings>
    <sid:GrossShorttermBorrowings contextRef="AsOf2020-12-31_custom_VariableInterestMember_custom_PrepaymentMember_custom_ForeignCurrencyMember" unitRef="BRL" id="Foot-58-1" decimals="-3">1119558000</sid:GrossShorttermBorrowings>
    <sid:GrossShorttermBorrowings contextRef="AsOf2019-12-31_custom_FixedInterestMember_custom_BondsPerpetualBondsAndACCMember_custom_ForeignCurrencyMember" unitRef="BRL" id="Foot-59-0" decimals="-3">2047032000</sid:GrossShorttermBorrowings>
    <sid:GrossShorttermBorrowings contextRef="AsOf2020-12-31_custom_FixedInterestMember_custom_BondsPerpetualBondsAndACCMember_custom_ForeignCurrencyMember" unitRef="BRL" id="Foot-59-1" decimals="-3">426676000</sid:GrossShorttermBorrowings>
    <sid:GrossShorttermBorrowings contextRef="AsOf2019-12-31_custom_FixedInterestMember_custom_FacilityMember_custom_ForeignCurrencyMember_currency_EUR" unitRef="BRL" decimals="-3">223204000</sid:GrossShorttermBorrowings>
    <sid:GrossShorttermBorrowings contextRef="AsOf2020-12-31_custom_FixedInterestMember_custom_FacilityMember_custom_ForeignCurrencyMember_currency_EUR" unitRef="BRL" decimals="-3">326970000</sid:GrossShorttermBorrowings>
    <sid:GrossShorttermBorrowings contextRef="AsOf2019-12-31_custom_ForeignCurrencyMember" unitRef="BRL" decimals="-3">4040211000</sid:GrossShorttermBorrowings>
    <sid:GrossShorttermBorrowings contextRef="AsOf2020-12-31_custom_ForeignCurrencyMember1153342520" unitRef="BRL" decimals="-3">1873204000</sid:GrossShorttermBorrowings>
    <sid:GrossShorttermBorrowings contextRef="AsOf2019-12-31_custom_VariableInterestMember_custom_BNDESFINAMEDebenturesNCEAndCCBMember_custom_LocalCurrencyMember" unitRef="BRL" id="Foot-60-0" decimals="-3">1086985000</sid:GrossShorttermBorrowings>
    <sid:GrossShorttermBorrowings contextRef="AsOf2020-12-31_custom_VariableInterestMember_custom_BNDESFINAMEDebenturesNCEAndCCBMember_custom_LocalCurrencyMember" unitRef="BRL" id="Foot-60-1" decimals="-3">2282279000</sid:GrossShorttermBorrowings>
    <sid:GrossShorttermBorrowings contextRef="AsOf2019-12-31_custom_FixedInterestMember_custom_IntercompanyMember_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">25038000</sid:GrossShorttermBorrowings>
    <sid:GrossShorttermBorrowings contextRef="AsOf2019-12-31_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">1112023000</sid:GrossShorttermBorrowings>
    <sid:GrossShorttermBorrowings contextRef="AsOf2020-12-31_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">2282279000</sid:GrossShorttermBorrowings>
    <sid:GrossLongtermBorrowings contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">31215128000</sid:GrossLongtermBorrowings>
    <sid:GrossLongtermBorrowings contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">22938469000</sid:GrossLongtermBorrowings>
    <sid:GrossLongtermBorrowings contextRef="AsOf2019-12-31_custom_VariableInterestMember_custom_PrepaymentMember_custom_ForeignCurrencyMember" unitRef="BRL" id="Foot-58-2" decimals="-3">2563928000</sid:GrossLongtermBorrowings>
    <sid:GrossLongtermBorrowings contextRef="AsOf2020-12-31_custom_VariableInterestMember_custom_PrepaymentMember_custom_ForeignCurrencyMember" unitRef="BRL" id="Foot-58-3" decimals="-3">3457105000</sid:GrossLongtermBorrowings>
    <sid:GrossLongtermBorrowings contextRef="AsOf2019-12-31_custom_FixedInterestMember_custom_BondsPerpetualBondsAndACCMember_custom_ForeignCurrencyMember" unitRef="BRL" id="Foot-59-2" decimals="-3">10177517000</sid:GrossLongtermBorrowings>
    <sid:GrossLongtermBorrowings contextRef="AsOf2020-12-31_custom_FixedInterestMember_custom_BondsPerpetualBondsAndACCMember_custom_ForeignCurrencyMember" unitRef="BRL" id="Foot-59-3" decimals="-3">19898213000</sid:GrossLongtermBorrowings>
    <sid:GrossLongtermBorrowings contextRef="AsOf2019-12-31_custom_FixedInterestMember_custom_FacilityMember_custom_ForeignCurrencyMember_currency_EUR" unitRef="BRL" decimals="-3">147241000</sid:GrossLongtermBorrowings>
    <sid:GrossLongtermBorrowings contextRef="AsOf2020-12-31_custom_FixedInterestMember_custom_FacilityMember_custom_ForeignCurrencyMember_currency_EUR" unitRef="BRL" decimals="-3">143503000</sid:GrossLongtermBorrowings>
    <sid:GrossLongtermBorrowings contextRef="AsOf2019-12-31_custom_ForeignCurrencyMember" unitRef="BRL" decimals="-3">12888686000</sid:GrossLongtermBorrowings>
    <sid:GrossLongtermBorrowings contextRef="AsOf2020-12-31_custom_ForeignCurrencyMember1153342520" unitRef="BRL" decimals="-3">23498821000</sid:GrossLongtermBorrowings>
    <sid:GrossLongtermBorrowings contextRef="AsOf2019-12-31_custom_VariableInterestMember_custom_BNDESFINAMEDebenturesNCEAndCCBMember_custom_LocalCurrencyMember" unitRef="BRL" id="Foot-60-2" decimals="-3">10049783000</sid:GrossLongtermBorrowings>
    <sid:GrossLongtermBorrowings contextRef="AsOf2020-12-31_custom_VariableInterestMember_custom_BNDESFINAMEDebenturesNCEAndCCBMember_custom_LocalCurrencyMember" unitRef="BRL" id="Foot-60-3" decimals="-3">7716307000</sid:GrossLongtermBorrowings>
    <sid:GrossLongtermBorrowings contextRef="AsOf2019-12-31_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">10049783000</sid:GrossLongtermBorrowings>
    <sid:GrossLongtermBorrowings contextRef="AsOf2020-12-31_custom_LocalCurrencyMember" unitRef="BRL" decimals="-3">7716307000</sid:GrossLongtermBorrowings>
    <sid:BorrowingCostsRecognisedAsExpenseCurrent contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-29030000</sid:BorrowingCostsRecognisedAsExpenseCurrent>
    <sid:BorrowingCostsRecognisedAsExpenseCurrent contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-26391000</sid:BorrowingCostsRecognisedAsExpenseCurrent>
    <sid:BorrowingCostsRecognisedAsExpenseNoncurent contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-70928000</sid:BorrowingCostsRecognisedAsExpenseNoncurent>
    <sid:BorrowingCostsRecognisedAsExpenseNoncurent contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">-97276000</sid:BorrowingCostsRecognisedAsExpenseNoncurent>
    <sid:LoanContractsWithFinancialInstitutions contextRef="From2020-01-01to2020-12-31_custom_NonDerivativeFinancialLiabilitiesMember" unitRef="BRL_Euro" decimals="-3">120000000</sid:LoanContractsWithFinancialInstitutions>
    <dei:CurrentFiscalYearEndDate contextRef="From2020-01-01to2020-12-31">--12-31</dei:CurrentFiscalYearEndDate>
    <sid:OthersIntangibleAssets contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-151000</sid:OthersIntangibleAssets>
    <sid:OthersIntangibleAssets contextRef="From2020-01-01to2020-12-31_ifrs-full_OtherIntangibleAssetsMember" unitRef="BRL" decimals="-3">-151000</sid:OthersIntangibleAssets>
    <sid:IncreaseDecreaseInCapital contextRef="From2021-02-21to2021-02-22_custom_EventAfterReportingPeriodMember" unitRef="BRL" decimals="-3">6040000000</sid:IncreaseDecreaseInCapital>
    <sid:PercentageOfAdditionalSharesHeldByMajorityShareholder contextRef="From2021-02-16to2021-02-17_custom_EventAfterReportingPeriodMember_custom_CSNMineracaoSAMember_ifrs-full_TopOfRangeMember" unitRef="Pure" decimals="INF">0.15</sid:PercentageOfAdditionalSharesHeldByMajorityShareholder>
    <sid:PercentageOfAdditionalSharesHeldByCurrentShareholders contextRef="From2021-02-16to2021-02-17_custom_EventAfterReportingPeriodMember_custom_CSNMineracaoSAMember_ifrs-full_TopOfRangeMember" unitRef="Pure" decimals="INF">0.20</sid:PercentageOfAdditionalSharesHeldByCurrentShareholders>
    <sid:RatioOfShareSplit contextRef="From2021-02-16to2021-02-17_custom_EventAfterReportingPeriodMember_custom_CSNMineracaoSAMember">01:30</sid:RatioOfShareSplit>
    <sid:DebtReprofiling contextRef="From2021-01-30to2021-01-31_custom_EventAfterReportingPeriodMember_custom_ExportPrepaymentContractsMember_currency_USD" unitRef="BRL_USD" decimals="-3">79000000</sid:DebtReprofiling>
    <sid:DebtMaturityYearPostponed contextRef="From2021-01-30to2021-01-31_custom_EventAfterReportingPeriodMember_custom_ExportPrepaymentContractsMember_currency_USD">2023</sid:DebtMaturityYearPostponed>
    <sid:DebtAmortized contextRef="From2021-01-30to2021-01-31_custom_EventAfterReportingPeriodMember_custom_NCEMember" unitRef="BRL" decimals="-3">315000000</sid:DebtAmortized>
    <sid:BuyBackOfDebenturesShares contextRef="From2021-01-30to2021-01-31_custom_EventAfterReportingPeriodMember_custom_DebenturesMember" unitRef="Shares" decimals="INF">450000</sid:BuyBackOfDebenturesShares>
    <sid:BuyBackOfDebenturesValue contextRef="From2021-01-30to2021-01-31_custom_EventAfterReportingPeriodMember_custom_DebenturesMember" unitRef="BRL" decimals="-3">391000000</sid:BuyBackOfDebenturesValue>
    <sid:PercentageOfBuyBackOfDebentures contextRef="From2021-01-30to2021-01-31_custom_EventAfterReportingPeriodMember_custom_DebenturesMember" unitRef="Pure" decimals="INF">0.23</sid:PercentageOfBuyBackOfDebentures>
    <sid:IndemnityLimit contextRef="From2020-01-01to2020-12-31_ifrs-full_InsuranceContractsIssuedMember_ifrs-full_TopOfRangeMember_currency_USD" unitRef="BRL_USD" decimals="-3">600000000</sid:IndemnityLimit>
    <sid:DeductibleMaterialDamages contextRef="From2020-01-01to2020-12-31_ifrs-full_InsuranceContractsIssuedMember_currency_USD" unitRef="BRL_USD" decimals="-3">385000000</sid:DeductibleMaterialDamages>
    <sid:ActuarialLossgain contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">103805000</sid:ActuarialLossgain>
    <sid:ActuarialLossgain contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">477316000</sid:ActuarialLossgain>
    <sid:ActuarialLossgain contextRef="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" unitRef="BRL" decimals="-3">-15224000</sid:ActuarialLossgain>
    <sid:TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset contextRef="From2020-01-01to2020-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember1149285121" unitRef="BRL" decimals="-3">58343000</sid:TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset>
    <sid:TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset contextRef="From2019-01-01to2019-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember1384715621" unitRef="BRL" decimals="-3">106007000</sid:TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset>
    <sid:TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset contextRef="From2018-01-01to2018-12-31_ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember1384714779" unitRef="BRL" decimals="-3">-16379000</sid:TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset>
    <sid:DaysForLosOfProfits contextRef="From2020-01-01to2020-12-31_ifrs-full_InsuranceContractsIssuedMember_currency_USD">45</sid:DaysForLosOfProfits>
    <sid:CashFlowHedgeRealised contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">-1951035000</sid:CashFlowHedgeRealised>
    <sid:NetRevenues contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">30064020000</sid:NetRevenues>
    <sid:NetRevenues contextRef="From2019-01-01to2019-12-31" unitRef="BRL" decimals="-3">25436417000</sid:NetRevenues>
    <sid:NetRevenues contextRef="From2018-01-01to2018-12-31" unitRef="BRL" decimals="-3">22968885000</sid:NetRevenues>
    <sid:SaleOfShares contextRef="From2020-01-01to2020-12-31_custom_BuybackProgram9Number2Member" unitRef="BRL" decimals="-3">22981500000</sid:SaleOfShares>
    <sid:TreasuryShare contextRef="AsOf2020-12-31_custom_BuybackProgram9Number2Member" unitRef="Shares" decimals="INF">7409500</sid:TreasuryShare>
    <sid:SharesPrice contextRef="From2020-01-01to2020-12-31_ifrs-full_TreasurySharesMember_ifrs-full_WeightedAverageMember" unitRef="BRLPShares" decimals="INF">31.85</sid:SharesPrice>
    <sid:NumbersOfShareIssuedValue contextRef="From2021-02-21to2021-02-22" unitRef="BRL" decimals="-3">6040000000</sid:NumbersOfShareIssuedValue>
    <sid:SupplyOfIronOre contextRef="From2019-01-01to2019-12-31_custom_CSNMineracaoMember" unitRef="BRL_Ton" decimals="INF">22000000</sid:SupplyOfIronOre>
    <sid:AdditionalSupplyOfIronOre contextRef="From2019-01-01to2019-12-31_custom_CSNMineracaoMember" unitRef="BRL_Ton" decimals="INF">11000000</sid:AdditionalSupplyOfIronOre>
    <sid:AdditionalSupplyOfIronOre contextRef="From2020-07-30to2020-07-31_custom_CSNMineracaoMember" unitRef="BRL_Ton" decimals="INF">4000000</sid:AdditionalSupplyOfIronOre>
    <ifrs-full:LoansAndAdvancesToCustomers contextRef="AsOf2019-03-29_currency_USD_custom_CSNMineracaoMember" unitRef="BRL_USD" decimals="-3">496000000</ifrs-full:LoansAndAdvancesToCustomers>
    <ifrs-full:LoansAndAdvancesToCustomers contextRef="AsOf2019-03-29_custom_CSNMineracaoMember" unitRef="BRL" decimals="-3">1951303000</ifrs-full:LoansAndAdvancesToCustomers>
    <ifrs-full:LoansAndAdvancesToCustomers contextRef="AsOf2019-08-05_currency_USD_custom_CSNMineracaoMember" unitRef="BRL_USD" decimals="-3">250000000</ifrs-full:LoansAndAdvancesToCustomers>
    <ifrs-full:LoansAndAdvancesToCustomers contextRef="AsOf2019-08-05_custom_CSNMineracaoMember" unitRef="BRL" decimals="-3">956440000</ifrs-full:LoansAndAdvancesToCustomers>
    <ifrs-full:LoansAndAdvancesToCustomers contextRef="AsOf2020-08-28_currency_USD_custom_CSNMineracaoMember" unitRef="BRL_USD" decimals="-3">115000000</ifrs-full:LoansAndAdvancesToCustomers>
    <ifrs-full:LoansAndAdvancesToCustomers contextRef="AsOf2020-08-28_custom_CSNMineracaoMember" unitRef="BRL" decimals="-3">629000000</ifrs-full:LoansAndAdvancesToCustomers>
    <sid:ContractualTerm contextRef="From2020-01-01to2020-12-31_custom_CSNMineracaoMember">P5Y</sid:ContractualTerm>
    <sid:ContractualTerm contextRef="From2020-08-27to2020-08-28_custom_CSNMineracaoMember">P3Y</sid:ContractualTerm>
    <ifrs-full:TradeAndOtherPayablesToTradeSuppliers contextRef="AsOf2020-12-31_custom_CurrentTradePayablesMember" unitRef="BRL" decimals="-3">4893589000</ifrs-full:TradeAndOtherPayablesToTradeSuppliers>
    <ifrs-full:TradeAndOtherPayablesToTradeSuppliers contextRef="AsOf2020-12-31_custom_NonCurrentTradePayablesMember" unitRef="BRL" decimals="-3">594051000</ifrs-full:TradeAndOtherPayablesToTradeSuppliers>
    <ifrs-full:TradeAndOtherPayablesToTradeSuppliers contextRef="AsOf2019-12-31_custom_CurrentTradePayablesMember" unitRef="BRL" decimals="-3">3012654000</ifrs-full:TradeAndOtherPayablesToTradeSuppliers>
    <ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">4819539000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
    <ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">3012654000</ifrs-full:TradeAndOtherCurrentPayablesToTradeSuppliers>
    <ifrs-full:TradeAndOtherPayables contextRef="AsOf2020-12-31_custom_CurrentTradePayablesMember" unitRef="BRL" decimals="-3">4819539000</ifrs-full:TradeAndOtherPayables>
    <ifrs-full:TradeAndOtherPayables contextRef="AsOf2020-12-31_custom_NonCurrentTradePayablesMember" unitRef="BRL" decimals="-3">543527000</ifrs-full:TradeAndOtherPayables>
    <ifrs-full:TradeAndOtherPayables contextRef="AsOf2019-12-31_custom_CurrentTradePayablesMember" unitRef="BRL" decimals="-3">3012654000</ifrs-full:TradeAndOtherPayables>
    <sid:TaxCreditsMaturityTerms contextRef="From2020-01-01to2020-12-31_ifrs-full_TopOfRangeMember">P10Y</sid:TaxCreditsMaturityTerms>
    <sid:ReversedOfEstimatedLosses contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">1369000000</sid:ReversedOfEstimatedLosses>
    <sid:DeferredTaxAsset contextRef="From2020-01-01to2020-12-31" unitRef="BRL" decimals="-3">4628000000</sid:DeferredTaxAsset>
    <sid:NegativeBaseOfSocialContribution contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">627000000</sid:NegativeBaseOfSocialContribution>
    <sid:NegativeBaseOfSocialContribution contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">550000000</sid:NegativeBaseOfSocialContribution>
    <sid:AdditionalInvestment contextRef="From2018-12-26to2018-12-27_custom_MVRMember_custom_NewAgreementMember" unitRef="BRL" decimals="-3">21000000</sid:AdditionalInvestment>
    <sid:PercentageOfAllocatedToServicesOfEnvironmentalInterest contextRef="From2018-12-26to2018-12-27_custom_MVRMember_custom_NewAgreementMember" unitRef="Pure" decimals="INF">0.30</sid:PercentageOfAllocatedToServicesOfEnvironmentalInterest>
    <sid:ActualDisbursement contextRef="From2018-12-26to2018-12-27_custom_MVRMember_custom_NewAgreementMember" unitRef="BRL" decimals="-3">25000000</sid:ActualDisbursement>
    <sid:BorrowingMaturity contextRef="From2020-01-01to2020-12-31">within a period of 12 months</sid:BorrowingMaturity>
    <sid:DistributionOfMandatoryMinimumDividend contextRef="From2020-01-01to2020-12-31_custom_RioIacoParticipacoesSAMember" unitRef="BRL" decimals="-3">37997000</sid:DistributionOfMandatoryMinimumDividend>
    <sid:DistributionOfMandatoryMinimumDividend contextRef="From2020-01-01to2020-12-31_custom_VicunhaAcosSAMember" unitRef="BRL" decimals="-3">443694000</sid:DistributionOfMandatoryMinimumDividend>
    <sid:ScheduleOfSensitivityAnalysisOfPriceRisksPlattsIndexTableTextBlock contextRef="From2020-01-01to2020-12-31">&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;The&#13;effects on the result, considering scenarios 1 and 2 are shown below:&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="5" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 37%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Maturity&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 20%; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Probable&#13;    scenario (*) R$&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Scenario&#13;    1 R$&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;Scenario&#13;    2 R$&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;2/2/2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(33,677)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(120,262)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(240,524)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td style="vertical-align: middle; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;3/2/2021&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;(43,144)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(127,915)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;(255,830)&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;(76,821)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;(248,177)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: bottom; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;(496,354)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;/font&gt;&lt;/p&gt;&#13;&lt;p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;(*)&#13;The probable scenario was calculated considering the quotation of &amp;#8220;&lt;i&gt;Platts&lt;/i&gt;&amp;#8221; on 1/14/2021 for the maturities&#13;of 2/2/2021 and 3/2/2021. Source: Bloomberg.&lt;/font&gt;&lt;/p&gt;</sid:ScheduleOfSensitivityAnalysisOfPriceRisksPlattsIndexTableTextBlock>
    <sid:DeferredLiabilitiesSubsidiaries contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">619000</sid:DeferredLiabilitiesSubsidiaries>
    <sid:ScheduleOfBalanceSheetAndStatementOfIncome contextRef="From2020-01-01to2020-12-31">&lt;table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&lt;tr style="vertical-align: top"&gt;&lt;td style="width: 14.2pt"&gt;&lt;font style="font: normal 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#149;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: justify"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Classification&#13;    of derivatives in the balance sheet and income&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;/table&gt;&#13;&#13;&lt;p style="margin-top: 0; margin-bottom: 0"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/p&gt;&#13;&lt;table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; width: 23%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2020&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 1%"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="width: 10%; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;12/31/2019&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr&gt;&#13;    &lt;td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Instruments&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="vertical-align: middle"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td colspan="5" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Liabilities&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    operating income expenses&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Other&#13;    comprehensive income&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td rowspan="2" colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Financial&#13;    income (expenses), net (note 28)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Non-current&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;Total&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: center"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-style: italic; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange&#13;    rate swap Dollar x Euro&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(7,829)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(7,829)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(9,070)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;783&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-style: italic; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange&#13;    rate swap GBP x Euro&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(602)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td style="font-style: italic; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Exchange&#13;    rate swap CDI x Dollar&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(97,535)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(97,535)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(106,143)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,203&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle"&gt;&#13;    &lt;td style="font-style: italic; text-align: left"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;Iron&#13;    ore derivative&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(893)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(893)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(283,149)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(825)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(16,504)&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&#13;&lt;tr style="vertical-align: middle; background-color: rgb(220,230,241)"&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(8,722)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(97,535)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;(106,257)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(283,149)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(825)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;(132,319)&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&#13;    &lt;td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"&gt;&lt;font style="font: 10pt Times New Roman, Times, Serif"&gt;&lt;b&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;4,986&lt;/b&gt;&lt;/font&gt;&lt;/td&gt;&lt;/tr&gt;&lt;/table&gt;</sid:ScheduleOfBalanceSheetAndStatementOfIncome>
    <dei:IcfrAuditorAttestationFlag contextRef="From2020-01-01to2020-12-31">true</dei:IcfrAuditorAttestationFlag>
    <sid:DescriptionOfProductionProcess contextRef="From2020-01-01to2020-12-31">As a pioneer in the use of technologies that result in the possibility of stacking the tailings generated in the iron ore production process, the Company has had its iron ore production since January 2020, 100% independent of tailings dams. After significant investments in recent years to raise the level of reliability, mischaracterization and dry stacking, the Company has moved on to a scenario in which 100% of its waste goes through a dry filtration process and is disposed of in geotechnically controlled batteries, areas exclusively destined for stacking. Approximately R$250 million was invested in the two tailings filtration plants that have a combined total filtration capacity of 9 million tons per year.</sid:DescriptionOfProductionProcess>
    <sid:TradeReceivableAfterAllowanceForDoubtfulDebts contextRef="AsOf2020-12-31" unitRef="BRL" decimals="-3">2746176000</sid:TradeReceivableAfterAllowanceForDoubtfulDebts>
    <sid:TradeReceivableAfterAllowanceForDoubtfulDebts contextRef="AsOf2019-12-31" unitRef="BRL" decimals="-3">1877343000</sid:TradeReceivableAfterAllowanceForDoubtfulDebts>
    <sid:ChangesInInvestmentsInSubsidiariesJointlyControlledCompaniesJointOperationsAssociatesAndOtherInvestmentsComprehensiveIncome contextRef="From2020-01-01to2020-12-31" unitRef="BRL" id="Foot-61-0" decimals="-3">6895000</sid:ChangesInInvestmentsInSubsidiariesJointlyControlledCompaniesJointOperationsAssociatesAndOtherInvestmentsComprehensiveIncome>
    <sid:ChangesInInvestmentsInSubsidiariesJointlyControlledCompaniesJointOperationsAssociatesAndOtherInvestmentsComprehensiveIncome contextRef="From2019-01-01to2019-12-31" unitRef="BRL" id="Foot-61-1" decimals="-3">-2592000</sid:ChangesInInvestmentsInSubsidiariesJointlyControlledCompaniesJointOperationsAssociatesAndOtherInvestmentsComprehensiveIncome>
    <link:footnoteLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
      <link:loc xlink:type="locator" xlink:href="#Foot-00-0" xlink:label="Foot-00_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-00-1" xlink:label="Foot-00_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-00_loc" xlink:to="Footnote-01" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-01-0" xlink:label="Foot-01_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-01-1" xlink:label="Foot-01_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-01_loc" xlink:to="Footnote-02" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-02-0" xlink:label="Foot-02_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-02-1" xlink:label="Foot-02_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-02-2" xlink:label="Foot-02_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-02-3" xlink:label="Foot-02_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-02_loc" xlink:to="Footnote-03" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-03-0" xlink:label="Foot-03_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-03-1" xlink:label="Foot-03_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-03_loc" xlink:to="Footnote-09" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-04-0" xlink:label="Foot-04_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-04-1" xlink:label="Foot-04_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-04_loc" xlink:to="Footnote-04" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-05-0" xlink:label="Foot-05_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-05-1" xlink:label="Foot-05_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-05_loc" xlink:to="Footnote-06" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-06-0" xlink:label="Foot-06_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-06_loc" xlink:to="Footnote-05" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-07-0" xlink:label="Foot-07_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-07-1" xlink:label="Foot-07_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-07_loc" xlink:to="Footnote-07" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-08-0" xlink:label="Foot-08_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-08_loc" xlink:to="Footnote-08" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-09-0" xlink:label="Foot-09_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-09-1" xlink:label="Foot-09_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-09-2" xlink:label="Foot-09_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-09-3" xlink:label="Foot-09_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-09-4" xlink:label="Foot-09_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-09-5" xlink:label="Foot-09_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-09-6" xlink:label="Foot-09_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-09-7" xlink:label="Foot-09_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-09-8" xlink:label="Foot-09_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-09-9" xlink:label="Foot-09_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-09-10" xlink:label="Foot-09_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-09-11" xlink:label="Foot-09_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-09-12" xlink:label="Foot-09_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-09-13" xlink:label="Foot-09_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-09-14" xlink:label="Foot-09_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-09-15" xlink:label="Foot-09_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-09_loc" xlink:to="Footnote-51" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-0" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-1" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-2" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-3" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-4" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-5" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-6" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-7" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-8" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-9" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-10" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-11" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-12" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-13" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-14" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-15" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-16" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-17" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-18" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-19" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-20" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-21" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-22" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-23" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-24" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-25" xlink:label="Foot-10_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-10-26" xlink:label="Foot-10_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-10_loc" xlink:to="Footnote-50" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-11-0" xlink:label="Foot-11_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-11-1" xlink:label="Foot-11_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-11_loc" xlink:to="Footnote-10" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-12-0" xlink:label="Foot-12_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-12-1" xlink:label="Foot-12_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-12-2" xlink:label="Foot-12_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-12-3" xlink:label="Foot-12_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-12-4" xlink:label="Foot-12_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-12-5" xlink:label="Foot-12_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-12-6" xlink:label="Foot-12_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-12-7" xlink:label="Foot-12_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-12-8" xlink:label="Foot-12_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-12-9" xlink:label="Foot-12_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-12-10" xlink:label="Foot-12_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-12-11" xlink:label="Foot-12_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-12-12" xlink:label="Foot-12_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-12-13" xlink:label="Foot-12_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-12-14" xlink:label="Foot-12_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-12-15" xlink:label="Foot-12_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-12-16" xlink:label="Foot-12_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-12_loc" xlink:to="Footnote-11" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-13-0" xlink:label="Foot-13_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-13-1" xlink:label="Foot-13_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-13-2" xlink:label="Foot-13_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-13-3" xlink:label="Foot-13_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-13_loc" xlink:to="Footnote-12" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-14-0" xlink:label="Foot-14_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-14-1" xlink:label="Foot-14_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-14-2" xlink:label="Foot-14_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-14-3" xlink:label="Foot-14_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-14-4" xlink:label="Foot-14_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-14-5" xlink:label="Foot-14_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-14_loc" xlink:to="Footnote-13" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-15-0" xlink:label="Foot-15_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-15-1" xlink:label="Foot-15_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-15-2" xlink:label="Foot-15_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-15-3" xlink:label="Foot-15_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-15_loc" xlink:to="Footnote-14" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-16-0" xlink:label="Foot-16_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-16-1" xlink:label="Foot-16_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-16-2" xlink:label="Foot-16_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-16-3" xlink:label="Foot-16_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-16_loc" xlink:to="Footnote-15" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-17-0" xlink:label="Foot-17_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-17_loc" xlink:to="Footnote-16" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-18-0" xlink:label="Foot-18_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-18-1" xlink:label="Foot-18_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-18-2" xlink:label="Foot-18_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-18-3" xlink:label="Foot-18_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-18_loc" xlink:to="Footnote-44" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-19-0" xlink:label="Foot-19_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-19-1" xlink:label="Foot-19_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-19-2" xlink:label="Foot-19_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-19-3" xlink:label="Foot-19_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-19_loc" xlink:to="Footnote-48" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-20-0" xlink:label="Foot-20_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-20-1" xlink:label="Foot-20_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-20-2" xlink:label="Foot-20_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-20-3" xlink:label="Foot-20_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-20-4" xlink:label="Foot-20_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-20-5" xlink:label="Foot-20_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-20_loc" xlink:to="Footnote-47" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-21-0" xlink:label="Foot-21_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-21-1" xlink:label="Foot-21_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-21-2" xlink:label="Foot-21_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-21-3" xlink:label="Foot-21_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-21-4" xlink:label="Foot-21_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-21-5" xlink:label="Foot-21_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-21_loc" xlink:to="Footnote-49" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-22-0" xlink:label="Foot-22_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-22-1" xlink:label="Foot-22_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-22_loc" xlink:to="Footnote-57" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-23-0" xlink:label="Foot-23_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-23-1" xlink:label="Foot-23_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-23-2" xlink:label="Foot-23_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-23_loc" xlink:to="Footnote-17" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-24-0" xlink:label="Foot-24_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-24-1" xlink:label="Foot-24_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-24_loc" xlink:to="Footnote-55" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-25-0" xlink:label="Foot-25_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-25-1" xlink:label="Foot-25_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-25-2" xlink:label="Foot-25_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-25_loc" xlink:to="Footnote-19" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-26-0" xlink:label="Foot-26_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-26-1" xlink:label="Foot-26_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-26-2" xlink:label="Foot-26_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-26-3" xlink:label="Foot-26_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-26-4" xlink:label="Foot-26_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-26_loc" xlink:to="Footnote-18" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-27-0" xlink:label="Foot-27_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-27-1" xlink:label="Foot-27_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-27-2" xlink:label="Foot-27_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-27_loc" xlink:to="Footnote-20" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-28-0" xlink:label="Foot-28_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-28-1" xlink:label="Foot-28_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-28-2" xlink:label="Foot-28_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-28-3" xlink:label="Foot-28_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-28-4" xlink:label="Foot-28_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-28-5" xlink:label="Foot-28_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-28-6" xlink:label="Foot-28_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-28-7" xlink:label="Foot-28_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-28-8" xlink:label="Foot-28_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-28-9" xlink:label="Foot-28_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-28-10" xlink:label="Foot-28_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-28-11" xlink:label="Foot-28_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-28-12" xlink:label="Foot-28_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-28-13" xlink:label="Foot-28_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-28-14" xlink:label="Foot-28_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-28-15" xlink:label="Foot-28_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-28-16" xlink:label="Foot-28_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-28_loc" xlink:to="Footnote-21" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-29-0" xlink:label="Foot-29_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-29-1" xlink:label="Foot-29_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-29-2" xlink:label="Foot-29_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-29_loc" xlink:to="Footnote-36" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-30-0" xlink:label="Foot-30_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-30-1" xlink:label="Foot-30_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-30-2" xlink:label="Foot-30_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-30-3" xlink:label="Foot-30_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-30_loc" xlink:to="Footnote-62" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-31-0" xlink:label="Foot-31_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-31-1" xlink:label="Foot-31_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-31-2" xlink:label="Foot-31_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-31-3" xlink:label="Foot-31_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-31-4" xlink:label="Foot-31_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-31_loc" xlink:to="Footnote-22" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-32-0" xlink:label="Foot-32_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-32-1" xlink:label="Foot-32_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-32-2" xlink:label="Foot-32_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-32-3" xlink:label="Foot-32_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-32_loc" xlink:to="Footnote-23" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-33-0" xlink:label="Foot-33_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-33-1" xlink:label="Foot-33_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-33-2" xlink:label="Foot-33_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-33-3" xlink:label="Foot-33_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-33_loc" xlink:to="Footnote-24" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-34-0" xlink:label="Foot-34_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-34-1" xlink:label="Foot-34_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-34_loc" xlink:to="Footnote-25" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-35-0" xlink:label="Foot-35_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-35-1" xlink:label="Foot-35_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-35_loc" xlink:to="Footnote-26" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-36-0" xlink:label="Foot-36_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-36-1" xlink:label="Foot-36_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-36_loc" xlink:to="Footnote-27" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-37-0" xlink:label="Foot-37_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-37-1" xlink:label="Foot-37_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-37_loc" xlink:to="Footnote-28" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-38-0" xlink:label="Foot-38_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-38-1" xlink:label="Foot-38_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-38-2" xlink:label="Foot-38_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-38-3" xlink:label="Foot-38_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-38-4" xlink:label="Foot-38_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-38-5" xlink:label="Foot-38_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-38-6" xlink:label="Foot-38_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-38-7" xlink:label="Foot-38_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-38_loc" xlink:to="Footnote-31" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-39-0" xlink:label="Foot-39_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-39-1" xlink:label="Foot-39_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-39-2" xlink:label="Foot-39_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-39-3" xlink:label="Foot-39_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-39-4" xlink:label="Foot-39_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-39-5" xlink:label="Foot-39_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-39-6" xlink:label="Foot-39_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-39-7" xlink:label="Foot-39_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-39_loc" xlink:to="Footnote-29" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-40-0" xlink:label="Foot-40_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-40-1" xlink:label="Foot-40_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-40-2" xlink:label="Foot-40_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-40-3" xlink:label="Foot-40_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-40_loc" xlink:to="Footnote-30" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-41-0" xlink:label="Foot-41_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-41-1" xlink:label="Foot-41_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-41-2" xlink:label="Foot-41_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-41-3" xlink:label="Foot-41_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-41_loc" xlink:to="Footnote-32" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-42-0" xlink:label="Foot-42_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-42-1" xlink:label="Foot-42_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-42-2" xlink:label="Foot-42_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-42-3" xlink:label="Foot-42_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-42-4" xlink:label="Foot-42_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-42-5" xlink:label="Foot-42_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-42_loc" xlink:to="Footnote-33" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-43-0" xlink:label="Foot-43_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-43-1" xlink:label="Foot-43_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-43-2" xlink:label="Foot-43_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-43-3" xlink:label="Foot-43_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-43_loc" xlink:to="Footnote-46" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-44-0" xlink:label="Foot-44_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-44-1" xlink:label="Foot-44_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-44-2" xlink:label="Foot-44_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-44-3" xlink:label="Foot-44_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-44-4" xlink:label="Foot-44_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-44-5" xlink:label="Foot-44_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-44-6" xlink:label="Foot-44_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-44-7" xlink:label="Foot-44_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-44-8" xlink:label="Foot-44_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-44-9" xlink:label="Foot-44_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-44-10" xlink:label="Foot-44_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-44-11" xlink:label="Foot-44_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-44_loc" xlink:to="Footnote-56" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-45-0" xlink:label="Foot-45_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-45-1" xlink:label="Foot-45_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-45-2" xlink:label="Foot-45_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-45-3" xlink:label="Foot-45_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-45-4" xlink:label="Foot-45_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-45-5" xlink:label="Foot-45_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-45-6" xlink:label="Foot-45_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-45_loc" xlink:to="Footnote-45" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-46-0" xlink:label="Foot-46_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-46_loc" xlink:to="Footnote-34" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-47-0" xlink:label="Foot-47_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-47-1" xlink:label="Foot-47_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-47-2" xlink:label="Foot-47_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-47_loc" xlink:to="Footnote-35" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-48-0" xlink:label="Foot-48_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-48-1" xlink:label="Foot-48_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-48-2" xlink:label="Foot-48_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-48_loc" xlink:to="Footnote-37" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-49-0" xlink:label="Foot-49_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-49-1" xlink:label="Foot-49_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-49-2" xlink:label="Foot-49_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-49_loc" xlink:to="Footnote-38" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-50-0" xlink:label="Foot-50_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-50_loc" xlink:to="Footnote-39" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-51-0" xlink:label="Foot-51_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-51-1" xlink:label="Foot-51_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-51_loc" xlink:to="Footnote-40" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-52-0" xlink:label="Foot-52_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-52-1" xlink:label="Foot-52_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-52-2" xlink:label="Foot-52_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-52_loc" xlink:to="Footnote-41" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-53-0" xlink:label="Foot-53_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-53-1" xlink:label="Foot-53_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-53-2" xlink:label="Foot-53_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-53_loc" xlink:to="Footnote-42" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-54-0" xlink:label="Foot-54_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-54-1" xlink:label="Foot-54_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-54-2" xlink:label="Foot-54_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-54_loc" xlink:to="Footnote-43" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-55-0" xlink:label="Foot-55_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-55-1" xlink:label="Foot-55_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-55_loc" xlink:to="Footnote-59" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-56-0" xlink:label="Foot-56_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-56_loc" xlink:to="Footnote-60" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-57-0" xlink:label="Foot-57_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-57-1" xlink:label="Foot-57_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-57_loc" xlink:to="Footnote-61" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-58-0" xlink:label="Foot-58_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-58-1" xlink:label="Foot-58_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-58-2" xlink:label="Foot-58_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-58-3" xlink:label="Foot-58_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-58_loc" xlink:to="Footnote-52" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-59-0" xlink:label="Foot-59_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-59-1" xlink:label="Foot-59_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-59-2" xlink:label="Foot-59_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-59-3" xlink:label="Foot-59_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-59_loc" xlink:to="Footnote-53" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-60-0" xlink:label="Foot-60_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-60-1" xlink:label="Foot-60_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-60-2" xlink:label="Foot-60_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-60-3" xlink:label="Foot-60_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-60_loc" xlink:to="Footnote-54" order="1" />
      <link:loc xlink:type="locator" xlink:href="#Foot-61-0" xlink:label="Foot-61_loc" />
      <link:loc xlink:type="locator" xlink:href="#Foot-61-1" xlink:label="Foot-61_loc" />
      <link:footnoteArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/fact-footnote" xlink:from="Foot-61_loc" xlink:to="Footnote-58" order="1" />
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-01" xml:lang="en-US">These are restricted financial investments and linked to a Bank Deposit Certificate (CDB) to guarantee a letter of guarantee from financial institutions and financial investments in Public Securities (LFT - Letras Financeiras do Tesouro) managed by their exclusive funds.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-02" xml:lang="en-US">Part of the shares guarantees a portion of the Company's debt.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-03" xml:lang="en-US">Bonds with Fibra bank due in February 2028 (see note 22).</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-04" xml:lang="en-US">Refers mainly to PIS / COFINS (VAT Federal) all to be recovered and income tax and social contribution to be offset. In respect to PIS and COFINS to be recoverable on September 20, 2018, the writ of mandamus and special appeal filed in 2006, in which CSN and the Federal Union are parties, related to the discussion about the non-inclusion of ICMS in the PIS and COFINS calculation basis, was judged in final court decision, confirmed the right of CSN to offset the amounts unduly paid as a result of the PIS and COFINS base being increased by the inclusion of ICMS in the period from 2001 to 2014.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-05" xml:lang="en-US">In September 2020, the Company reclassified the amount to judicial deposits.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-06" xml:lang="en-US">Refers a payment of freight expenses and maritime insurance over revenues didn't recognized.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-07" xml:lang="en-US">This is a certain and due amount, arising from the res judicata favorable decision to the Company, which is irreversible and irrevocable, in order to apply the STJ's consolidated position on the subject, which culminated in the conviction of Eletrobras to the payment of the correct interest and monetary adjustment of the Compulsory Loan. The res judicata decision, as well as the certainty about the amounts involved in the liquidation of the sentence (judicial procedure to request the satisfaction of the right), allowed the conclusion that the entry of this value is certain. In addition to this amount already recorded, the Company continues to seek alternatives for the recovery of additional credits and the estimate can reach an amount greater than R$350 million.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-08" xml:lang="en-US">This is a net, certain and enforceable amount, resulting from the final and unappealable decision of the Court in favor of the Company, due to losses and damages resulting from the sinking of the voltage in the supply of energy in the periods from January / 1991 to June / 2002. The receivable for indemnification in the amount of R$147,612 was recognized in the income statement for the year in other operating income and expenses and in the financial result, the amount of R$369,571. See notes 27 and 28, respectively.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-09" xml:lang="en-US">Long-term iron ore inventories that will be used after the construction of the processing plant, which will produce pellet feed, In 2020, the Company defined the construction project for the new plant for processing Itabirito, which until then was considered as waste, and started to be incorporated into the long-term ore inventory.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-10" xml:lang="en-US">The decrease was caused by the review of the useful lives of dams infrastructure as a result of technical and functional obsolescence recorded in 2020 as a result of the use of filter and stack dry tailings in our iron ore production.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-11" xml:lang="en-US">Composed mainly of mining rights. Amortization is based on production volume.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-12" xml:lang="en-US">The goodwill of the Packaging cash-generating unit is shown net of impairment loss in the amount of R$109,330, recognized in 2011.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-13" xml:lang="en-US">The goodwill and trademark that are recorded in line item intangible assets at long steel segment, those transactions are derived from the business combination of Stahlwerk Thuringen GmbH ("SWT") and Gallardo Sections CSN. The assets mentioned are considered to have indefinite useful lives as they are expected to contribute indefinitely to the Company's cash flows.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-14" xml:lang="en-US">Refers to the goodwill based on expectations for future profitability, resulting from the acquisition of Namisa by CSN Mineracao concluded in December 2015, which recoverability is tested annually.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-15" xml:lang="en-US">On November 29, 2019, CSN acquired the stake held by CKTR Brasil Servicos Ltda., corresponding to 50% of CBSI's shares, and now holds 100% of CBSI's share capital.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-16" xml:lang="en-US">Refer to assets of subsidiary FTL Ferrovia Transnordestina Logistica S.A.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-17" xml:lang="en-US">To determine the average interest rate on debt contracts with floating rates, the Company used the rates applied on December 31, 2020. In The Company, it considers the interest rate of the contracts intercompany.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-18" xml:lang="en-US">The probable scenarios were calculated considering the following variations for risks: Real x Dollar - devaluation of the Real by 1.25% / Real x Euro - devaluation of the Real by 0.14% / Euro x Dollar - appreciation of Euro by 1.20%, Source: Central Bank of Brazil and European Central Bank quotations on 1/14/2021.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-19" xml:lang="en-US">The sensitivity analysis is based on the premise of maintaining the market values as of December 31, 2020 as a probable scenario recorded in the company's assets and liabilities,</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-20" xml:lang="en-US">The probable scenario was calculated considering the quotation of "Platts" on 1/14/2021 for the maturities of 2/2/2021 and 3/2/2021. Source Bloomberg.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-21" xml:lang="en-US">On December 31, 2020, the amount of (R$1,667,886) was recorded in Other Operating Expenses. As of December 31, 2019, (R$790,353).</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-22" xml:lang="en-US">The Company taxes exchange differences on a cash basis to calculate income tax and social contribution on net income.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-23" xml:lang="en-US">The refinancing program of Law 11,941 / 09 has a balance arising from the adhesion to the REFIS of taxes on profit (IRPJ and CSLL) for the years 2006, 2007 and 2012 and taxes on billing (PIS and COFINS) for the years 2006 and 2007. The installment payment is paid in monthly installments, with interest at the SELIC rate, which is the rate of the Brazilian federal funds</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-24" xml:lang="en-US">The refinancing program of Law 12.865 / 13 has a balance resulting from the adhesion to the REFIS of taxes on profit (IRPJ and CSLL) for the payment of the amounts related to taxes on the profit of the affiliates or subsidiaries abroad in 2009 to 2011. It is due in monthly installments, with interest at the SELIC rate, which is the rate of Brazilian federal funds.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-25" xml:lang="en-US">In May 2019, the State Prosecutor's Office of the State of Minas Gerais filed an ACP order to compel CSN Mineracao SA to adopt mitigating measures regarding the psychological risks and losses allegedly generated by the Casa de Pedra Dam, reallocating residents, who so wish, with rents and social assistance, as well as relocating children who attended a new daycare and school that were closed, rebuilding new daycare and school in a safe place. In a preliminary injunction, the 1st Instance Magistrate ordered the blocking of three million reais for the construction of the day care center and school, a decision suspended by the 2nd Instance Court. The State Public Prosecutor of the State of Minas Gerais also pleaded for the payment of moral damages collective actions, as well as for the permanent reallocation of people, at the expense of CSN Mineracao SA The lawsuit is in its initial phase and there is still no judicial sentence related to the case.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-26" xml:lang="en-US">On April 8, 2013, INEA applied a fine of R$35 million to CSN in relation to aspects involving the Volta Grande IV condominium, determining that the actions already considered and discussed in the public civil action filed in July 2012. In relation to the application of this fine, an annulment action was filed, distributed, in January 2014, to the 10th Civil Court of the State of Rio de Janeiro, aiming at the annulment of the fine and its effects. In parallel, INEA filed a tax enforcement action, with an adjusted amount of R$42 million, in order to enforce the amount of the fine imposed. The Tax Foreclosure action mentioned was distributed in May 2014 to the 4th Registry of Active Debt of Volta Redonda, in the State of Rio de Janeiro. Currently, these actions are suspended until the conclusion of the investigation to be carried out in the Environmental Public Civil Action of the Condominium Volta Grande IV, whose merit discusses possible contamination of the site.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-27" xml:lang="en-US">This is an Environmental Public Civil Action, proposed by the MPF, with a claim for indemnity for collective moral damages and material damages, for allegedly irregular deposit of steel residues, in addition to being set aside for non-compliance with the injunction.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-28" xml:lang="en-US">Infraction Notice (AIIM) drawn up by SEFAZ / RJ for ICMS and Fine requirement for the alleged improper use of ICMS credit for the period 2015 to 2020 resulting from the acquisition of intermediate products used in the UPV (refractories, belts, cylinders, chemical agents, etc.), which were classified by the Inspection as of use / consumption and without the right to credit.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-29" xml:lang="en-US">Financial investments: Investments in Usiminas shares are R$3,305,109 (R$2,114,620 in December 2019) and cash and cash equivalents with Banco Fibra totaling R$458,494 in December 2020 (R$1,940 in December 2019) and no current amount R$123,409 (R$95,719 in December 2019) from Bonds with an average rate of 98% to 115% of the CDI in the consolidated and holds in the parent company through exclusive funds' investments in government bonds and CDBs in the amount of R$38,517 on December 31, 2020 (R$8,301 on December 31, 2019).</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-30" xml:lang="en-US">Dividends receivable from MRS Logistica of R$38,088 (R$44,554 as of December 31, 2019).</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-31" xml:lang="en-US">Trades receivable mainly refers to operations of sales of steel products of the Parent Company to affiliates and companies joint venture and joint-operation.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-32" xml:lang="en-US">Others (Assets): Advance for future capital increase with subsidiaries of R$664,020 with Transnordestina Logistica SA (R$428,672 on December 31, 2019).</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-33" xml:lang="en-US">Loans (Assets): refers mainly to loan agreements with an average rate of 125.0% to 130.0% of the CDI with Transnordestina Logistica SA of R$962,675 (R$844,426 as of December 31, 2019).</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-34" xml:lang="en-US">The average share price on December 31, 2020 was used in the amount of R$31.85 per share.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-35" xml:lang="en-US">The Company's iron ore extraction in 2020 started using dry waste filtering and stacking in 100% of its production process. As a normal consequence of the operation, the use of dams has become obsolete, and consequently, the assets of dams reached the end of their useful lives on December 31, 2020. As a result of the technical and functional obsolescence of the dams, the book balance of these assets in their entirety, (R$515,491), was fully depreciated in 2020 and appropriated to the cost of production. The cost of production includes PIS and COFINS credits on lease agreements on December 31, 2020, in the amount of R$5,335.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-36" xml:lang="en-US">They mainly refer to the depreciation of investment properties, paralyzed equipment and amortization of the SWT Client Portfolio, see note 27.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-37" xml:lang="en-US">In June 2020, the Company received R$84,435 of indemnity after a court decision, of which R$58,785 for rent arrears arising from one of its investment properties and R$25,650 relating to an action for the collection of insurance for material damage caused by contractor in the construction of the long steel plant. Additionally, in June, the principal amount was recognized in the amount of R$147,612 of receivables for indemnity (see note 9).</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-38" xml:lang="en-US">In 2020, consist of the recovery of INSS credit on benefits granted to employees that should not be considered in the contribution calculation basis. In 2019, this is the exclusion of ICMS from the PIS and COFINS calculation basis.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-39" xml:lang="en-US">Referring to the contractual agreement signed for the supply of new equipment.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-40" xml:lang="en-US">Refers to the idle capacity arisen from production volumes lower than normal it was generated from the refurbishment of the blast furnace No.3 and in the iron ore mining operation due to delays in the release of environmental licenses, which postponed the start of new ore mining fronts, as well as new dry tailing processes still in ramp-up stage.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-41" xml:lang="en-US">As of December 31, 2020, foreign exchange cash flow hedge was realized and reclassified from Other Comprehensive Income to Other Operating Expenses (R$1,667,886), as well as cash flow hedge of PLATTS index (R$283,149), totaling R$1,951,035 of hedge realization in the year. See note 14.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-42" xml:lang="en-US">It refers to the appreciation of Usiminas' shares in the amount of R$1,190,489 as of December31, 2020. As of December 31, 2019, Usiminas' shares were reclassified to financial investments and their pricing fluctuation started to be recognized in the financial result.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-43" xml:lang="en-US">It mainly refers to the recognition of the exclusion of ICMS in the PIS and COFINS calculation base in the amount of R$81,758 on December 31, 2020 (R$160,609 on December 31, 2019) in the Consolidated, and updating in the amount of R$369,571 of receivables for indemnity (see note 9).</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-44" xml:lang="en-US">On June 29, 2020, CSN Islands XI Corp. changed its corporate name to CSN Inova Ventures.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-45" xml:lang="en-US">As of December 31, 2020, the Company directly held 63,377,198 shares, of which 26,611,282 were common and 36,765,916 were preferred, and indirectly 63,338,872 shares, of which 25,802,872 were common and 37,536,000 were preferred</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-46" xml:lang="en-US">As of December 31, 2020, the Company had 24,168,304 common shares and 501,789 Class B preferred shares.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-47" xml:lang="en-US">Company acquired on October 2, 2020.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-48" xml:lang="en-US">Dormant companies.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-49" xml:lang="en-US">On June 26, 2020, CSN Equipamentos SA had its corporate name changed to Equimac SA and its capital increased by Unidas Guindastes Eireli. With this capital increase, CSN's stake in Equimac's share capital increased to 50% and was classified as joint venture.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-50" xml:lang="en-US">Refer substantially to: i) in the consolidated picture: assets for railway use, such as yards, rails, mines and dormant;</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-51" xml:lang="en-US">The cost of capitalized interest is calculated, basically, for Mining projects that substantially refer to the expansion of Casa de Pedra (MG) and TECAR (RJ) - see notes 28 and 33. The average rate used for the capitalization of interest on non-specific projects in the period ended December 31 2020 was 5.62% per year (6.58% per year as of December 31, 2019).</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-52" xml:lang="en-US">In 2020, the Company renegotiated part of the Prepayment debt in the total amount of U$311 million, postponing part of the maturities of 2020 and 2021 to 2022.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-53" xml:lang="en-US">In 2020, the Company issued debt securities representing the foreign market ("Notes"), through its subsidiary CSN Inova Ventures, with maturity in 2028 and interest rate of 6.75% per year, totaling US$1, 3 billion, of which US$1 billion in January and US$300 million in November. Additionally, we used US$263 million in the repurchase offer ("Tender Offer") of the Notes issued by CSN Resources SA in January 2020. All Notes mentioned above are unconditionally and irrevocably guaranteed by the Company.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-54" xml:lang="en-US">In June 2020, the Company renegotiated a debt rollover in the amount of R$300 million, shifting the maturities of 2020 to the years 2021, 2022 and 2023.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-55" xml:lang="en-US">Including unrealized exchange and monetary variations and funding cost.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-56" xml:lang="en-US">Controlling group companies.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-57" xml:lang="en-US">Company liquidated on March 11, 2020.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-58" xml:lang="en-US">Refers to translation to the reporting currency of the foreign investments of which functional currency is not the Brazilian Reais, actuarial gain/loss and gain/loss on investment hedge from investments accounted for under the equity method.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-59" xml:lang="en-US">The table below shows the reconciliation of the equity in results of affiliated companies classified as joint venture and associates and the amount disclosed in the income statement and it is due to the elimination of the results of the CSN's transactions with these companies.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-60" xml:lang="en-US">Refers to equity income until November 30, 2019, as of this date, the joint venture started to be controlled and consolidated, according to note 10 c.</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-61" xml:lang="en-US">In 2020, it mainly refers to dividends of the subsidiary CSN Mineracao SA in the amount of R$2,437,482 (R$4,060,816 on December 31, 2019).</link:footnote>
      <link:footnote xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/footnote" xlink:label="Footnote-62" xml:lang="en-US">Advances from customers: During 2019, the subsidiary CSN Mineracao entered into an agreement with a major international player for the supply of approximately 22 million tons of iron ore and an additional supply of 11 million tons of iron ore. Accordingly, CSN Mineracao S.A. received in advance the amounts of US$496 million (R$1,951,303) and US$250 million (R$956,440) on March 29, 2019 and August 5, 2019, respectively. The term for the execution of the contracted volumes is 5 years. Finally, on September 16, 2019, the parties again amended the contract to adjust the delivery conditions for iron ore. In July 2020, the subsidiary concluded the contract for the additional supply of approximately 4 million tons of iron ore, which was received in advance, on August 28, 2020, the amount of US$115 million (R$629 million). The term for the execution of the contract is 3 years.</link:footnote>
    </link:footnoteLink>
</xbrli:xbrl>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>15
<FILENAME>sid-20201231.xsd
<DESCRIPTION>XBRL SCHEMA FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" ?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.7a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Source; Value: sid%2D20201231.xfr; Date: 2021%2D04%2D13T00:43:13Z -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x80240023 -->
    <!-- Field: Doc-Info; Name: Misc; Value: 9Kopw7xRiXgen8uKaH1cOaSHOcOdz5N3mYkxsm98fbkK/ygpCeLz9yu8n3H2QWkL -->
<schema xmlns="http://www.w3.org/2001/XMLSchema" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:dei="http://xbrl.sec.gov/dei/2020-01-31" xmlns:ifrs-full="http://xbrl.ifrs.org/taxonomy/2020-03-16/ifrs-full" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:sid="http://csn.com.br/20201231" elementFormDefault="qualified" targetNamespace="http://csn.com.br/20201231">
    <annotation>
      <appinfo>
	<link:roleType roleURI="http://csn.com.br/role/Cover" id="Cover">
	  <link:definition>00000001 - Document - Cover</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BalanceSheets" id="BalanceSheets">
	  <link:definition>00000002 - Statement - Consolidated Balance Sheets</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/StatementsOfIncome" id="StatementsOfIncome">
	  <link:definition>00000003 - Statement - Consolidated Statements of Income</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/StatementsOfComprehensiveIncome" id="StatementsOfComprehensiveIncome">
	  <link:definition>00000004 - Statement - Consolidated Statements of Comprehensive Income</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/StatementsOfCashFlows" id="StatementsOfCashFlows">
	  <link:definition>00000005 - Statement - Consolidated Statements of Cash Flows</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/StatementOfChangesInShareholdersEquity" id="StatementOfChangesInShareholdersEquity">
	  <link:definition>00000006 - Statement - Consolidated Statement of Changes in Shareholders' Equity</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/DescriptionOfBusiness" id="DescriptionOfBusiness">
	  <link:definition>00000007 - Disclosure - 1. DESCRIPTION OF BUSINESS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/SummaryOfSignificantAccountingPolicies" id="SummaryOfSignificantAccountingPolicies">
	  <link:definition>00000008 - Disclosure - 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ImpactsOfCovid-19" id="ImpactsOfCovid-19">
	  <link:definition>00000009 - Disclosure - 3. IMPACTS OF COVID-19</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/CashAndCashEquivalents" id="CashAndCashEquivalents">
	  <link:definition>00000010 - Disclosure - 4. CASH AND CASH EQUIVALENTS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInvestments" id="FinancialInvestments">
	  <link:definition>00000011 - Disclosure - 5. FINANCIAL INVESTMENTS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/TradeReceivables" id="TradeReceivables">
	  <link:definition>00000012 - Disclosure - 6. TRADE RECEIVABLES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/Inventories" id="Inventories">
	  <link:definition>00000013 - Disclosure - 7. INVENTORIES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/RecoverableTaxes" id="RecoverableTaxes">
	  <link:definition>00000014 - Disclosure - 8. RECOVERABLE TAXES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/OtherCurrentAndNon-currentAssets" id="OtherCurrentAndNon-currentAssets">
	  <link:definition>00000015 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliates" id="BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliates">
	  <link:definition>00000016 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/PropertyPlantAndEquipment" id="PropertyPlantAndEquipment">
	  <link:definition>00000017 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/IntangibleAssets" id="IntangibleAssets">
	  <link:definition>00000018 - Disclosure - 12. INTANGIBLE ASSETS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BorrowingsAndFinancing" id="BorrowingsAndFinancing">
	  <link:definition>00000019 - Disclosure - 13. BORROWINGS AND FINANCING</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstruments" id="FinancialInstruments">
	  <link:definition>00000020 - Disclosure - 14. FINANCIAL INSTRUMENTS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/OtherPayables" id="OtherPayables">
	  <link:definition>00000021 - Disclosure - 15. OTHER PAYABLES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/Leases" id="Leases">
	  <link:definition>00000022 - Disclosure - 16. LEASES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/TradePayables" id="TradePayables">
	  <link:definition>00000023 - Disclosure - 17. TRADE PAYABLES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributions" id="IncomeTaxAndSocialContributions">
	  <link:definition>00000024 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTIONS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/TaxesInInstallments" id="TaxesInInstallments">
	  <link:definition>00000025 - Disclosure - 19. TAXES IN INSTALLMENTS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDeposits" id="ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDeposits">
	  <link:definition>00000026 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligations" id="ProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligations">
	  <link:definition>00000027 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMENT OBLIGATIONS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactions" id="Related-partyBalancesAndTransactions">
	  <link:definition>00000028 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ShareholdersEquity" id="ShareholdersEquity">
	  <link:definition>00000029 - Disclosure - 23. SHAREHOLDERS' EQUITY</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ShareholdersCompensation" id="ShareholdersCompensation">
	  <link:definition>00000030 - Disclosure - 24. Shareholders' Compensation</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/NetRevenueFromSales" id="NetRevenueFromSales">
	  <link:definition>00000031 - Disclosure - 25. NET REVENUE FROM SALES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ExpensesByNature" id="ExpensesByNature">
	  <link:definition>00000032 - Disclosure - 26. EXPENSES BY NATURE</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/OtherOperatingIncomeAndExpenses" id="OtherOperatingIncomeAndExpenses">
	  <link:definition>00000033 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialIncomeExpenses" id="FinancialIncomeExpenses">
	  <link:definition>00000034 - Disclosure - 28. FINANCIAL INCOME (EXPENSES)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/SegmentInformation" id="SegmentInformation">
	  <link:definition>00000035 - Disclosure - 29. SEGMENT INFORMATION</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefits" id="EmployeeBenefits">
	  <link:definition>00000036 - Disclosure - 30. EMPLOYEE BENEFITS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/Commitments" id="Commitments">
	  <link:definition>00000037 - Disclosure - 31. COMMITMENTS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/Insurance" id="Insurance">
	  <link:definition>00000038 - Disclosure - 32. INSURANCE</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/AdditionalInformationToCashFlows" id="AdditionalInformationToCashFlows">
	  <link:definition>00000039 - Disclosure - 33. ADDITIONAL INFORMATION TO CASH FLOWS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/SubsequentEvents" id="SubsequentEvents">
	  <link:definition>00000040 - Disclosure - 34. SUBSEQUENT EVENTS</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/SummaryOfSignificantAccountingPoliciesPolicies" id="SummaryOfSignificantAccountingPoliciesPolicies">
	  <link:definition>00000041 - Disclosure - 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/CashAndCashEquivalentsTables" id="CashAndCashEquivalentsTables">
	  <link:definition>00000042 - Disclosure - 4. CASH AND CASH EQUIVALENTS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInvestmentsTables" id="FinancialInvestmentsTables">
	  <link:definition>00000043 - Disclosure - 5. FINANCIAL INVESTMENTS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/TradeReceivablesTables" id="TradeReceivablesTables">
	  <link:definition>00000044 - Disclosure - 6. TRADE RECEIVABLES (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/InventoriesTables" id="InventoriesTables">
	  <link:definition>00000045 - Disclosure - 7. INVENTORIES (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/RecoverableTaxesTables" id="RecoverableTaxesTables">
	  <link:definition>00000046 - Disclosure - 8. RECOVERABLE TAXES (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsTables" id="OtherCurrentAndNon-currentAssetsTables">
	  <link:definition>00000047 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables" id="BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables">
	  <link:definition>00000048 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentTables" id="PropertyPlantAndEquipmentTables">
	  <link:definition>00000049 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/IntangibleAssetsTables" id="IntangibleAssetsTables">
	  <link:definition>00000050 - Disclosure - 12. INTANGIBLE ASSETS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BorrowingsAndFinancingTables" id="BorrowingsAndFinancingTables">
	  <link:definition>00000051 - Disclosure - 13. BORROWINGS AND FINANCING (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsTables" id="FinancialInstrumentsTables">
	  <link:definition>00000052 - Disclosure - 14. FINANCIAL INSTRUMENTS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/OtherPayablesTables" id="OtherPayablesTables">
	  <link:definition>00000053 - Disclosure - 15. OTHER PAYABLES (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/LeasesTables" id="LeasesTables">
	  <link:definition>00000054 - Disclosure - 16. LEASES (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/TradePayablesTables" id="TradePayablesTables">
	  <link:definition>00000055 - Disclosure - 17. TRADE PAYABLES (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionsTables" id="IncomeTaxAndSocialContributionsTables">
	  <link:definition>00000056 - Disclosure - 18.INCOME TAX AND SOCIAL CONTRIBUTIONS  (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/TaxesInInstallmentsTables" id="TaxesInInstallmentsTables">
	  <link:definition>00000057 - Disclosure - 19. TAXES IN INSTALLMENTS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTables" id="ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTables">
	  <link:definition>00000058 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsTables" id="ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsTables">
	  <link:definition>00000059 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsTables" id="Related-partyBalancesAndTransactionsTables">
	  <link:definition>00000060 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ShareholdersEquityTables" id="ShareholdersEquityTables">
	  <link:definition>00000061 - Disclosure - 23. SHAREHOLDERS' EQUITY (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ShareholdersCompensationTables" id="ShareholdersCompensationTables">
	  <link:definition>00000062 - Disclosure - 24. Shareholders' Compensation (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/NetRevenueFromSalesTables" id="NetRevenueFromSalesTables">
	  <link:definition>00000063 - Disclosure - 25. NET REVENUE FROM SALES (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ExpensesByNatureTables" id="ExpensesByNatureTables">
	  <link:definition>00000064 - Disclosure - 26. EXPENSES BY NATURE (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/OtherOperatingIncomeAndExpensesTables" id="OtherOperatingIncomeAndExpensesTables">
	  <link:definition>00000065 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialIncomeExpensesTables" id="FinancialIncomeExpensesTables">
	  <link:definition>00000066 - Disclosure - 28. FINANCIAL INCOME (EXPENSES) (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/SegmentInformationTables" id="SegmentInformationTables">
	  <link:definition>00000067 - Disclosure - 29. SEGMENT INFORMATION (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsTables" id="EmployeeBenefitsTables">
	  <link:definition>00000068 - Disclosure - 30. EMPLOYEE BENEFITS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/CommitmentsTables" id="CommitmentsTables">
	  <link:definition>00000069 - Disclosure - 31. COMMITMENTS (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/AdditionalInformationToCashFlowsTables" id="AdditionalInformationToCashFlowsTables">
	  <link:definition>00000070 - Disclosure - 33. ADDITIONAL INFORMATION TO CASH FLOWS  (Tables)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/DescriptionOfBusinessDetailsNarrative" id="DescriptionOfBusinessDetailsNarrative">
	  <link:definition>00000071 - Disclosure - 1. DESCRIPTION OF BUSINESS (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" id="SummaryOfSignificantAccountingPoliciesDetailsNarrative">
	  <link:definition>00000072 - Disclosure - 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ImpactsOfCovid-19DetailsNarrative" id="ImpactsOfCovid-19DetailsNarrative">
	  <link:definition>00000073 - Disclosure - 3. IMPACTS OF COVID-19 (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/CashAndCashEquivalentsDetails" id="CashAndCashEquivalentsDetails">
	  <link:definition>00000074 - Disclosure - 4. CASH AND CASH EQUIVALENTS (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInvestmentsDetails" id="FinancialInvestmentsDetails">
	  <link:definition>00000075 - Disclosure - 5. FINANCIAL INVESTMENTS (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/TradeReceivablesDetails" id="TradeReceivablesDetails">
	  <link:definition>00000076 - Disclosure - 6. TRADE RECEIVABLES (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/TradeReceivablesDetails1" id="TradeReceivablesDetails1">
	  <link:definition>00000077 - Disclosure - 6. TRADE RECEIVABLES (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/TradeReceivablesDetails2" id="TradeReceivablesDetails2">
	  <link:definition>00000078 - Disclosure - 6. TRADE RECEIVABLES (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/InventoriesDetails" id="InventoriesDetails">
	  <link:definition>00000079 - Disclosure - 7. INVENTORIES (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/InventoriesDetails1" id="InventoriesDetails1">
	  <link:definition>00000080 - Disclosure - 7. INVENTORIES (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/RecoverableTaxesDetails" id="RecoverableTaxesDetails">
	  <link:definition>00000081 - Disclosure - 8. RECOVERABLE TAXES (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsDetails" id="OtherCurrentAndNon-currentAssetsDetails">
	  <link:definition>00000082 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsDetailsNarrative" id="OtherCurrentAndNon-currentAssetsDetailsNarrative">
	  <link:definition>00000083 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails" id="BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails">
	  <link:definition>00000084 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails1" id="BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails1">
	  <link:definition>00000085 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails2" id="BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails2">
	  <link:definition>00000086 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails3" id="BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails3">
	  <link:definition>00000087 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 3)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails4" id="BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails4">
	  <link:definition>00000088 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 4)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails5" id="BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails5">
	  <link:definition>00000089 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 5)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails6" id="BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails6">
	  <link:definition>00000090 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 6)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails7" id="BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails7">
	  <link:definition>00000091 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 7)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetailsNarrative" id="BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetailsNarrative">
	  <link:definition>00000092 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentDetails" id="PropertyPlantAndEquipmentDetails">
	  <link:definition>00000093 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentDetails1" id="PropertyPlantAndEquipmentDetails1">
	  <link:definition>00000094 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentDetails2" id="PropertyPlantAndEquipmentDetails2">
	  <link:definition>00000095 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentDetailsNarrative" id="PropertyPlantAndEquipmentDetailsNarrative">
	  <link:definition>00000096 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/IntangibleAssetsDetails" id="IntangibleAssetsDetails">
	  <link:definition>00000097 - Disclosure - 12. INTANGIBLE ASSETS (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/IntangibleAssetsDetails1" id="IntangibleAssetsDetails1">
	  <link:definition>00000098 - Disclosure - 12. INTANGIBLE ASSETS (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/IntangibleAssetsDetails2" id="IntangibleAssetsDetails2">
	  <link:definition>00000099 - Disclosure - 12. INTANGIBLE ASSETS (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/IntangibleAssetsDetails3" id="IntangibleAssetsDetails3">
	  <link:definition>00000100 - Disclosure - 12. INTANGIBLE ASSETS (Details 3)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/IntangibleAssetsDetailsNarrative" id="IntangibleAssetsDetailsNarrative">
	  <link:definition>00000101 - Disclosure - 12. INTANGIBLE ASSETS (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails" id="BorrowingsAndFinancingDetails">
	  <link:definition>00000102 - Disclosure - 13. BORROWINGS AND FINANCING (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails1" id="BorrowingsAndFinancingDetails1">
	  <link:definition>00000103 - Disclosure - 13. BORROWINGS AND FINANCING (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails2" id="BorrowingsAndFinancingDetails2">
	  <link:definition>00000104 - Disclosure - 13. BORROWINGS AND FINANCING (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails3" id="BorrowingsAndFinancingDetails3">
	  <link:definition>00000105 - Disclosure - 13. BORROWINGS AND FINANCING (Details 3)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails4" id="BorrowingsAndFinancingDetails4">
	  <link:definition>00000106 - Disclosure - 13. BORROWINGS AND FINANCING (Details 4)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetailsNarrative" id="BorrowingsAndFinancingDetailsNarrative">
	  <link:definition>00000107 - Disclosure - 13. BORROWINGS AND FINANCING (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails" id="FinancialInstrumentsDetails">
	  <link:definition>00000108 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails1" id="FinancialInstrumentsDetails1">
	  <link:definition>00000109 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails2" id="FinancialInstrumentsDetails2">
	  <link:definition>00000110 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails3" id="FinancialInstrumentsDetails3">
	  <link:definition>00000111 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 3)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails4" id="FinancialInstrumentsDetails4">
	  <link:definition>00000112 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 4)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails5" id="FinancialInstrumentsDetails5">
	  <link:definition>00000113 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 5)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails6" id="FinancialInstrumentsDetails6">
	  <link:definition>00000114 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 6)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails7" id="FinancialInstrumentsDetails7">
	  <link:definition>00000115 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 7)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails8" id="FinancialInstrumentsDetails8">
	  <link:definition>00000116 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 8)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails9" id="FinancialInstrumentsDetails9">
	  <link:definition>00000117 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 9)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails10" id="FinancialInstrumentsDetails10">
	  <link:definition>00000118 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 10)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails11" id="FinancialInstrumentsDetails11">
	  <link:definition>00000119 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 11)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails12" id="FinancialInstrumentsDetails12">
	  <link:definition>00000120 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 12)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails13" id="FinancialInstrumentsDetails13">
	  <link:definition>00000121 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 13)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails14" id="FinancialInstrumentsDetails14">
	  <link:definition>00000122 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 14)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails15" id="FinancialInstrumentsDetails15">
	  <link:definition>00000123 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 15)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails16" id="FinancialInstrumentsDetails16">
	  <link:definition>00000124 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 16)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails17" id="FinancialInstrumentsDetails17">
	  <link:definition>00000125 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 17)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails18" id="FinancialInstrumentsDetails18">
	  <link:definition>00000126 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 18)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetails19" id="FinancialInstrumentsDetails19">
	  <link:definition>00000127 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 19)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialInstrumentsDetailsNarrative" id="FinancialInstrumentsDetailsNarrative">
	  <link:definition>00000128 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/OtherPayablesDetails" id="OtherPayablesDetails">
	  <link:definition>00000129 - Disclosure - 15. OTHER PAYABLES (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/OtherPayablesDetailsNarrative" id="OtherPayablesDetailsNarrative">
	  <link:definition>00000130 - Disclosure - 15. OTHER PAYABLES (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/LeasesDetails" id="LeasesDetails">
	  <link:definition>00000131 - Disclosure - 16. LEASES (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/LeasesDetails1" id="LeasesDetails1">
	  <link:definition>00000132 - Disclosure - 16. LEASES (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/LeasesDetails2" id="LeasesDetails2">
	  <link:definition>00000133 - Disclosure - 16. LEASES (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/LeasesDetails3" id="LeasesDetails3">
	  <link:definition>00000134 - Disclosure - 16. LEASES (Details 3)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/LeasesDetails4" id="LeasesDetails4">
	  <link:definition>00000135 - Disclosure - 16. LEASES (Details 4)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/LeasesDetails5" id="LeasesDetails5">
	  <link:definition>00000136 - Disclosure - 16. LEASES (Details 5)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/LeasesDetailsNarrative" id="LeasesDetailsNarrative">
	  <link:definition>00000137 - Disclosure - 16. LEASES (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/TradePayablesDetails" id="TradePayablesDetails">
	  <link:definition>00000138 - Disclosure - 17. TRADE PAYABLES (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails" id="IncomeTaxAndSocialContributionDetails">
	  <link:definition>00000139 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails1" id="IncomeTaxAndSocialContributionDetails1">
	  <link:definition>00000140 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails2" id="IncomeTaxAndSocialContributionDetails2">
	  <link:definition>00000141 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails3" id="IncomeTaxAndSocialContributionDetails3">
	  <link:definition>00000142 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 3)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails4" id="IncomeTaxAndSocialContributionDetails4">
	  <link:definition>00000143 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 4)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails5" id="IncomeTaxAndSocialContributionDetails5">
	  <link:definition>00000144 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 5)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetailsNarrative" id="IncomeTaxAndSocialContributionDetailsNarrative">
	  <link:definition>00000145 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/TaxesInInstallmentsDetails" id="TaxesInInstallmentsDetails">
	  <link:definition>00000146 - Disclosure - 19. TAXES IN INSTALLMENTS (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails" id="ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails">
	  <link:definition>00000147 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails1" id="ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails1">
	  <link:definition>00000148 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails2" id="ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails2">
	  <link:definition>00000149 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetailsNarrative" id="ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetailsNarrative">
	  <link:definition>00000150 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetails" id="ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetails">
	  <link:definition>00000151 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetailsNarrative" id="ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetailsNarrative">
	  <link:definition>00000152 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails" id="Related-partyBalancesAndTransactionsDetails">
	  <link:definition>00000153 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails1" id="Related-partyBalancesAndTransactionsDetails1">
	  <link:definition>00000154 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails2" id="Related-partyBalancesAndTransactionsDetails2">
	  <link:definition>00000155 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails3" id="Related-partyBalancesAndTransactionsDetails3">
	  <link:definition>00000156 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 3)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetailsNarrative" id="Related-partyBalancesAndTransactionsDetailsNarrative">
	  <link:definition>00000157 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ShareholdersEquityDetails" id="ShareholdersEquityDetails">
	  <link:definition>00000158 - Disclosure - 23. SHAREHOLDERS' EQUITY (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ShareholdersEquityDetails1" id="ShareholdersEquityDetails1">
	  <link:definition>00000159 - Disclosure - 23. SHAREHOLDERS' EQUITY (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ShareholdersEquityDetails2" id="ShareholdersEquityDetails2">
	  <link:definition>00000160 - Disclosure - 23. SHAREHOLDERS' EQUITY (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ShareholdersEquityDetails3" id="ShareholdersEquityDetails3">
	  <link:definition>00000161 - Disclosure - 23. SHAREHOLDERS' EQUITY (Details 3)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ShareholdersEquityDetailsNarrative" id="ShareholdersEquityDetailsNarrative">
	  <link:definition>00000162 - Disclosure - 23. SHAREHOLDERS' EQUITY (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ShareholdersCompensationDetails" id="ShareholdersCompensationDetails">
	  <link:definition>00000163 - Disclosure - 24. Shareholders' Compensation (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ShareholdersCompensationDetailsNarrative" id="ShareholdersCompensationDetailsNarrative">
	  <link:definition>00000164 - Disclosure - 24. Shareholders' Compensation (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/NetRevenueFromSalesDetails" id="NetRevenueFromSalesDetails">
	  <link:definition>00000165 - Disclosure - 25. NET REVENUE FROM SALES (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/NetRevenueFromSalesDetailsNarrative" id="NetRevenueFromSalesDetailsNarrative">
	  <link:definition>00000166 - Disclosure - 25. NET REVENUE FROM SALES (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ExpensesByNatureDetails" id="ExpensesByNatureDetails">
	  <link:definition>00000167 - Disclosure - 26. EXPENSES BY NATURE (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ExpensesByNatureDetails1" id="ExpensesByNatureDetails1">
	  <link:definition>00000168 - Disclosure - 26. EXPENSES BY NATURE (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/ExpensesByNatureDetailsNarrative" id="ExpensesByNatureDetailsNarrative">
	  <link:definition>00000169 - Disclosure - 26. EXPENSES BY NATURE (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/OtherOperatingIncomeAndExpensesDetails" id="OtherOperatingIncomeAndExpensesDetails">
	  <link:definition>00000170 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/OtherOperatingIncomeAndExpensesDetailsNarrative" id="OtherOperatingIncomeAndExpensesDetailsNarrative">
	  <link:definition>00000171 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialIncomeExpensesDetails" id="FinancialIncomeExpensesDetails">
	  <link:definition>00000172 - Disclosure - 28. FINANCIAL INCOME (EXPENSES) (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/FinancialIncomeExpensesDetailsNarrative" id="FinancialIncomeExpensesDetailsNarrative">
	  <link:definition>00000173 - Disclosure - 28. FINANCIAL INCOME (EXPENSES) (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/SegmentInformationDetails" id="SegmentInformationDetails">
	  <link:definition>00000174 - Disclosure - 29. SEGMENT INFORMATION (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/SegmentInformationDetailsNarrative" id="SegmentInformationDetailsNarrative">
	  <link:definition>00000175 - Disclosure - 29. SEGMENT INFORMATION (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails" id="EmployeeBenefitsDetails">
	  <link:definition>00000176 - Disclosure - 30. EMPLOYEE BENEFITS (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails1" id="EmployeeBenefitsDetails1">
	  <link:definition>00000177 - Disclosure - 30. EMPLOYEE BENEFITS (Details 1)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails2" id="EmployeeBenefitsDetails2">
	  <link:definition>00000178 - Disclosure - 30. EMPLOYEE BENEFITS (Details 2)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails3" id="EmployeeBenefitsDetails3">
	  <link:definition>00000179 - Disclosure - 30. EMPLOYEE BENEFITS (Details 3)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails4" id="EmployeeBenefitsDetails4">
	  <link:definition>00000180 - Disclosure - 30. EMPLOYEE BENEFITS (Details 4)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails5" id="EmployeeBenefitsDetails5">
	  <link:definition>00000181 - Disclosure - 30. EMPLOYEE BENEFITS (Details 5)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails6" id="EmployeeBenefitsDetails6">
	  <link:definition>00000182 - Disclosure - 30. EMPLOYEE BENEFITS (Details 6)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails7" id="EmployeeBenefitsDetails7">
	  <link:definition>00000183 - Disclosure - 30. EMPLOYEE BENEFITS (Details 7)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails8" id="EmployeeBenefitsDetails8">
	  <link:definition>00000184 - Disclosure - 30. EMPLOYEE BENEFITS (Details 8)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails9" id="EmployeeBenefitsDetails9">
	  <link:definition>00000185 - Disclosure - 30. EMPLOYEE BENEFITS (Details 9)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails10" id="EmployeeBenefitsDetails10">
	  <link:definition>00000186 - Disclosure - 30. EMPLOYEE BENEFITS (Details 10)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails11" id="EmployeeBenefitsDetails11">
	  <link:definition>00000187 - Disclosure - 30. EMPLOYEE BENEFITS (Details 11)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails12" id="EmployeeBenefitsDetails12">
	  <link:definition>00000188 - Disclosure - 30. EMPLOYEE BENEFITS (Details 12)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails13" id="EmployeeBenefitsDetails13">
	  <link:definition>00000189 - Disclosure - 30. EMPLOYEE BENEFITS (Details 13)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails14" id="EmployeeBenefitsDetails14">
	  <link:definition>00000190 - Disclosure - 30. EMPLOYEE BENEFITS (Details 14)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails15" id="EmployeeBenefitsDetails15">
	  <link:definition>00000191 - Disclosure - 30. EMPLOYEE BENEFITS (Details 15)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails16" id="EmployeeBenefitsDetails16">
	  <link:definition>00000192 - Disclosure - 30. EMPLOYEE BENEFITS (Details 16)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails17" id="EmployeeBenefitsDetails17">
	  <link:definition>00000193 - Disclosure - 30. EMPLOYEE BENEFITS (Details 17)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetails18" id="EmployeeBenefitsDetails18">
	  <link:definition>00000194 - Disclosure - 30. EMPLOYEE BENEFITS (Details 18)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/EmployeeBenefitsDetailsNarrative" id="EmployeeBenefitsDetailsNarrative">
	  <link:definition>00000195 - Disclosure - 30. EMPLOYEE BENEFITS (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/CommitmentsDetails" id="CommitmentsDetails">
	  <link:definition>00000196 - Disclosure - 31. COMMITMENTS (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/CommitmentsDetailsNarrative" id="CommitmentsDetailsNarrative">
	  <link:definition>00000197 - Disclosure - 31. COMMITMENTS (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/InsuranceDetailsNarrative" id="InsuranceDetailsNarrative">
	  <link:definition>00000198 - Disclosure - 32. INSURANCE (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/AdditionalInformationToCashFlowsDetails" id="AdditionalInformationToCashFlowsDetails">
	  <link:definition>00000199 - Disclosure - 33. ADDITIONAL INFORMATION TO CASH FLOWS (Details)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:roleType roleURI="http://csn.com.br/role/SubsequentEventsDetailsNarrative" id="SubsequentEventsDetailsNarrative">
	  <link:definition>00000200 - Disclosure - 34. SUBSEQUENT EVENTS (Details Narrative)</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:linkbaseRef xlink:type="simple" xlink:href="sid-20201231_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Presentation Links" />
	<link:linkbaseRef xlink:type="simple" xlink:href="sid-20201231_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Label Links" />
	<link:linkbaseRef xlink:type="simple" xlink:href="sid-20201231_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Calculation Links" />
	<link:linkbaseRef xlink:type="simple" xlink:href="sid-20201231_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Definition Links" />
      </appinfo>
    </annotation>
    <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
    <import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
    <import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" />
    <import namespace="http://xbrl.sec.gov/dei/2020-01-31" schemaLocation="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd" />
    <import namespace="http://xbrl.ifrs.org/taxonomy/2020-03-16/ifrs-full" schemaLocation="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/non-numeric" schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/numeric" schemaLocation="http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd" />
    <import namespace="http://xbrl.sec.gov/country/2020-01-31" schemaLocation="https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd" />
    <import namespace="http://xbrl.sec.gov/currency/2020-01-31" schemaLocation="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd" />
    <import namespace="http://fasb.org/srt/2020-01-31" schemaLocation="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd" />
    <import namespace="http://fasb.org/srt-types/2020-01-31" schemaLocation="http://xbrl.fasb.org/srt/2020/elts/srt-types-2020-01-31.xsd" />
    <element id="sid_NumberOfOperatingActivities" name="NumberOfOperatingActivities" nillable="true" xbrli:periodType="duration" type="xbrli:integerItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SelfSufficientInstalledCapacity" name="SelfSufficientInstalledCapacity" nillable="true" xbrli:periodType="duration" type="xbrli:integerItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AmortizationOfLoansAndFinancing" name="AmortizationOfLoansAndFinancing" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_Liquidity" name="Liquidity" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AccumulatedLosses" name="AccumulatedLosses" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FinancialInvestmentCurrent" name="FinancialInvestmentCurrent" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FinancialInvestmentNonCurrent" name="FinancialInvestmentNonCurrent" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_GrossTradeReceivable" name="GrossTradeReceivable" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExpectedAllowanceAccountForCreditLossesOfFinancialAssets" name="ExpectedAllowanceAccountForCreditLossesOfFinancialAssets" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_InventoryGrossAmount" name="InventoryGrossAmount" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_InventoryProvisionsForLosses" name="InventoryProvisionsForLosses" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_InventoryNetOne" name="InventoryNetOne" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence" name="ReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_GainOnRecoveryOfCredits" name="GainOnRecoveryOfCredits" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ReceivableForIndemnification" name="ReceivableForIndemnification" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FinancialResult" name="FinancialResult" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdjustmentsForIncomeTaxAndSocialContributionPaid" name="AdjustmentsForIncomeTaxAndSocialContributionPaid" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest" name="AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_InitialAdoptionRightOfUse" name="InitialAdoptionRightOfUse" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RemeasurementRightOfUse1" name="RemeasurementRightOfUse1" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdditionToPpeWithoutAddingCash" name="AdditionToPpeWithoutAddingCash" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CapitalizationInSubsidiariesWithoutCash" name="CapitalizationInSubsidiariesWithoutCash" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdditionToInvestmentPropertyWithoutCashEffect" name="AdditionToInvestmentPropertyWithoutCashEffect" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NetAdditionalCash" name="NetAdditionalCash" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CapitalizedBorrowingsNonSpecificProjectsRate" name="CapitalizedBorrowingsNonSpecificProjectsRate" nillable="true" xbrli:periodType="duration" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ConsolidationCBSIntangibleAssetsAndGoodwill" name="ConsolidationCBSIntangibleAssetsAndGoodwill" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdditionalFundingTransactions" name="AdditionalFundingTransactions" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ChangesInOtherBorrowingsProvisions" name="ChangesInOtherBorrowingsProvisions" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ConsolidationOfCBS" name="ConsolidationOfCBS" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OthersChangesInOtherBorrowings" name="OthersChangesInOtherBorrowings" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AccruedCommisionOnRiskAssumption" name="AccruedCommisionOnRiskAssumption" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NumberOfShares" name="NumberOfShares" nillable="true" xbrli:periodType="instant" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" />
    <element id="sid_InvestmentInterestRate1" name="InvestmentInterestRate1" nillable="true" xbrli:periodType="duration" type="xbrli:pureItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SharePrice1" name="SharePrice1" nillable="true" xbrli:periodType="instant" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" />
    <element id="sid_StockValue" name="StockValue" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FairValueAdjustmentRecognizedInProfitOrloss" name="FairValueAdjustmentRecognizedInProfitOrloss" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_GrossCreditExposure" name="GrossCreditExposure" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CurrencyRisk" name="CurrencyRisk" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SensitivityAnalysisForStockPriceRisks" name="SensitivityAnalysisForStockPriceRisks" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SensitivityAnalysisInterestRate" name="SensitivityAnalysisInterestRate" nillable="true" xbrli:periodType="instant" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_InterestRatesDuringTheYear" name="InterestRatesDuringTheYear" nillable="true" xbrli:periodType="instant" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SensitivityAnalysisForPriceRisks" name="SensitivityAnalysisForPriceRisks" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_Maturity" name="Maturity" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FunctionalCurrency" name="FunctionalCurrency" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NotionalAmounts" name="NotionalAmounts" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AppreciationAssetPosition" name="AppreciationAssetPosition" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AppreciationLiabilityPosition" name="AppreciationLiabilityPosition" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FairValueMarketAmoountReceivablePayable" name="FairValueMarketAmoountReceivablePayable" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ImpactOnFinancialIncomeExpenses" name="ImpactOnFinancialIncomeExpenses" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_HedgingRelationshipDesignationDate" name="HedgingRelationshipDesignationDate" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization" name="FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments" name="EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_Notional" name="Notional" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExchangeVariation" name="ExchangeVariation" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ChangeInAmountsRelatedToCashFlowHedge" name="ChangeInAmountsRelatedToCashFlowHedge" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ContractualMaturities" name="ContractualMaturities" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BorrowingsAndFinancingThirdPartyCapital" name="BorrowingsAndFinancingThirdPartyCapital" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_GrossDebitperShareholdersEquity" name="GrossDebitperShareholdersEquity" nillable="true" xbrli:periodType="instant" type="num:perShareItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DerivativeExchangeRateSwap" name="DerivativeExchangeRateSwap" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EffectOnResultRecognizedInOtherOperationalHedgingInstrument" name="EffectOnResultRecognizedInOtherOperationalHedgingInstrument" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PercentageOfScenarios" name="PercentageOfScenarios" nillable="true" xbrli:periodType="instant" type="xbrli:pureItemType" substitutionGroup="xbrli:item" />
    <element id="sid_VariationsOfRiskForProbableScenarios" name="VariationsOfRiskForProbableScenarios" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherOperatingExpenses" name="OtherOperatingExpenses" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PresentValueAdjustmentLeasesLiabilities" name="PresentValueAdjustmentLeasesLiabilities" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LeaseLiabilitiesNewLeases" name="LeaseLiabilitiesNewLeases" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LeaseLiabilitiesPresentValueAdjustmentsNewleases" name="LeaseLiabilitiesPresentValueAdjustmentsNewleases" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LeaseLiabilitiesContractReview" name="LeaseLiabilitiesContractReview" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LeaseLiabilitiesWriteoff" name="LeaseLiabilitiesWriteoff" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LeaseLiabilitiesPayments" name="LeaseLiabilitiesPayments" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LeaseLiabilitiesInterestAppropriated" name="LeaseLiabilitiesInterestAppropriated" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LeaseLiabilitiesOne" name="LeaseLiabilitiesOne" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LeaseLiabilitiesPresentValueAdjustmentsOne" name="LeaseLiabilitiesPresentValueAdjustmentsOne" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LeaseLiabilitiesPotencialPISAndCOFINSCredit" name="LeaseLiabilitiesPotencialPISAndCOFINSCredit" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit" name="LeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities" name="ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RightOfUse" name="RightOfUse" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FinancialExpense" name="FinancialExpense" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_Depreciations" name="Depreciations" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LeaseAgreementRemainingTerm" name="LeaseAgreementRemainingTerm" nillable="true" xbrli:periodType="duration" type="xbrli:durationItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdjustmentPresentValue" name="AdjustmentPresentValue" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DeferredTaxAssets1" name="DeferredTaxAssets1" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DeferredTaxLiabilities1" name="DeferredTaxLiabilities1" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DeferredTaxAssets2" name="DeferredTaxAssets2" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DeferredLiabilitiesParentCompany" name="DeferredLiabilitiesParentCompany" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_GrossDeferredTaxAssets" name="GrossDeferredTaxAssets" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity" name="IncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity" name="IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity" name="IncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProfitGeneratedByForeignSubsidiaries" name="ProfitGeneratedByForeignSubsidiaries" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IncomeTaxAndSocialContribution" name="IncomeTaxAndSocialContribution" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent" name="FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent" name="FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AccruedLiabilitieCurrent" name="AccruedLiabilitieCurrent" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AccruedLiabilitiesNonCurrent" name="AccruedLiabilitiesNonCurrent" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_JudicialDepositsCurrent" name="JudicialDepositsCurrent" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_JudicialDepositsNonCurrent" name="JudicialDepositsNonCurrent" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdditionsToAccruals" name="AdditionsToAccruals" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AccruedCharges" name="AccruedCharges" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NetUtilizationOfAccrualReversal" name="NetUtilizationOfAccrualReversal" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_UpdatedAmount" name="UpdatedAmount" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FinancialInterest" name="FinancialInterest" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EffectOfExchangeRateChanges" name="EffectOfExchangeRateChanges" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BorrowingsRelaetdParty" name="BorrowingsRelaetdParty" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TaxForeclosure" name="TaxForeclosure" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OthersGuarantees" name="OthersGuarantees" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TotalGuarantees" name="TotalGuarantees" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DescriptionOfFinancialInvestment" name="DescriptionOfFinancialInvestment" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdvanceForFutureCapitalIncreases" name="AdvanceForFutureCapitalIncreases" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PercentageOfShares" name="PercentageOfShares" nillable="true" xbrli:periodType="instant" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BoardsAuthorizationDate" name="BoardsAuthorizationDate" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BuybackProgramPeriod" name="BuybackProgramPeriod" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AverageBuybackPrice" name="AverageBuybackPrice" nillable="true" xbrli:periodType="instant" type="num:perShareItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MinimumAndMaximumBuybackPrice" name="MinimumAndMaximumBuybackPrice" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NumberOfSharesRepurchased" name="NumberOfSharesRepurchased" nillable="true" xbrli:periodType="instant" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" />
    <element id="sid_WeightAverageSharePrice" name="WeightAverageSharePrice" nillable="true" xbrli:periodType="duration" type="num:perShareItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TreasurySharesMarketPrice" name="TreasurySharesMarketPrice" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CapitalIncrease" name="CapitalIncrease" nillable="true" xbrli:periodType="instant" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NumberOfShareIssuedValue" name="NumberOfShareIssuedValue" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ShareCapital" name="ShareCapital" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_Others" name="Others" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CapitalReserves" name="CapitalReserves" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProfitForAllocation" name="ProfitForAllocation" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MinimumMandatoryDividend" name="MinimumMandatoryDividend" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_StatutoryReserves" name="StatutoryReserves" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AllocationOfProfit" name="AllocationOfProfit" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DividendsPaidOnShareholdersEquityLiabilites" name="DividendsPaidOnShareholdersEquityLiabilites" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DividendsPaidInYear" name="DividendsPaidInYear" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProposedDividendOnShareholdersEquityLiabilites" name="ProposedDividendOnShareholdersEquityLiabilites" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PercentageOfDistributionOfMinimumDividends" name="PercentageOfDistributionOfMinimumDividends" nillable="true" xbrli:periodType="duration" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_GrossRevenue" name="GrossRevenue" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SalesReturnsAndDiscounts" name="SalesReturnsAndDiscounts" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TaxEffectOfRevenues" name="TaxEffectOfRevenues" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RevenueDeductions" name="RevenueDeductions" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DescriptionOfPaymentTerms" name="DescriptionOfPaymentTerms" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MiscellaneousOtherOperatingExpense1" name="MiscellaneousOtherOperatingExpense1" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PercentageOfProductionProcess" name="PercentageOfProductionProcess" nillable="true" xbrli:periodType="duration" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BookBalanceOfAssets" name="BookBalanceOfAssets" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CostOfProduction" name="CostOfProduction" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_Indemnities" name="Indemnities" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RentalsAndLeases" name="RentalsAndLeases" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DividendsReceived1" name="DividendsReceived1" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PisAndCofinsToCompensate" name="PisAndCofinsToCompensate" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ContractualFines" name="ContractualFines" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ActuarialPensionPlan" name="ActuarialPensionPlan" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_UpdatedSharesFairValueThroughProfitOrLossOne" name="UpdatedSharesFairValueThroughProfitOrLossOne" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ContractualAgreement" name="ContractualAgreement" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherRevenues" name="OtherRevenues" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TaxesAndFees" name="TaxesAndFees" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExpensesWithEnvironmentalLiabilitiesNet" name="ExpensesWithEnvironmentalLiabilitiesNet" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_WriteoffprovisionOfJudicialDeposits" name="WriteoffprovisionOfJudicialDeposits" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ContractualFinesOne" name="ContractualFinesOne" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22" name="DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_WriteOffOfPpeAndIntangibleAssets" name="WriteOffOfPpeAndIntangibleAssets" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EstimatedLossreversalInInventories" name="EstimatedLossreversalInInventories" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IdlenessInStocksAndParalyzedEquipment" name="IdlenessInStocksAndParalyzedEquipment" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_StudiesAndProjectEngineeringExpenses" name="StudiesAndProjectEngineeringExpenses" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ResearchAndDevelopmentExpenses" name="ResearchAndDevelopmentExpenses" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_HealthcarePlanExpenses" name="HealthcarePlanExpenses" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CashFlowHedgeRealized" name="CashFlowHedgeRealized" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_UpdatedSharesFairValueThroughProfitOrLoss" name="UpdatedSharesFairValueThroughProfitOrLoss" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherExpensesOne" name="OtherExpensesOne" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherOperatingIncomeExpense1" name="OtherOperatingIncomeExpense1" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ReceivablesByIndemnity" name="ReceivablesByIndemnity" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RentArrears" name="RentArrears" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CollectionOfInsuranceForMaterialDamage" name="CollectionOfInsuranceForMaterialDamage" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PrincipalAmountReceivablesForIndemnity" name="PrincipalAmountReceivablesForIndemnity" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CashFlowHedgeOfPlattsIndex" name="CashFlowHedgeOfPlattsIndex" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RelatedParties" name="RelatedParties" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IncomeFromFinancialInvestments" name="IncomeFromFinancialInvestments" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_UpdatedSharesFairValueThroughProfitOrLos" name="UpdatedSharesFairValueThroughProfitOrLos" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BorrowingsAndFinancingForeignCurrency" name="BorrowingsAndFinancingForeignCurrency" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BorrowingsAndFinancingLocalCurrency" name="BorrowingsAndFinancingLocalCurrency" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RelatedPartiesOne" name="RelatedPartiesOne" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_Leases" name="Leases" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CapitalizedInterest" name="CapitalizedInterest" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_InterestFinesAndLatePaymentCharges" name="InterestFinesAndLatePaymentCharges" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdjustmentPresentValueOfTradePayables" name="AdjustmentPresentValueOfTradePayables" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CommissionAndBankFees" name="CommissionAndBankFees" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PiscofinsOverFinancialIncome" name="PiscofinsOverFinancialIncome" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherFinancialExpenses" name="OtherFinancialExpenses" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FinanceCosts1" name="FinanceCosts1" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ForeignExchangeAndMonetaryVariationNet" name="ForeignExchangeAndMonetaryVariationNet" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OthersFinancial" name="OthersFinancial" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FinancialIncomeExpenses" name="FinancialIncomeExpenses" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FinancialIncomeExpensesNet" name="FinancialIncomeExpensesNet" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DollarToEuroSwap" name="DollarToEuroSwap" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExchangeRateSwapGbpEuro" name="ExchangeRateSwapGbpEuro" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CdiXDollarSwap" name="CdiXDollarSwap" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TotalFutureDi" name="TotalFutureDi" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RecognitionOfExclusionOfIcmsInPisAndCofins" name="RecognitionOfExclusionOfIcmsInPisAndCofins" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ReceivablesForIndemnity" name="ReceivablesForIndemnity" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EquityInResultsOfAffiliatedCompanies" name="EquityInResultsOfAffiliatedCompanies" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DescriptionOfAssets" name="DescriptionOfAssets" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherOperatingIncomeExpensesNet" name="OtherOperatingIncomeExpensesNet" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LiabilitiesOfBenefitPlan" name="LiabilitiesOfBenefitPlan" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PlanAssetsAtFairValue1" name="PlanAssetsAtFairValue1" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RestrictionToActuarialAssetsDueToRecoveryLimitation" name="RestrictionToActuarialAssetsDueToRecoveryLimitation" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_InterestIncomeNetDefinedBenefitLiabilityAsset" name="InterestIncomeNetDefinedBenefitLiabilityAsset" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" name="ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IncomeExpenseFromDefinedBenefitObligation" name="IncomeExpenseFromDefinedBenefitObligation" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset" name="ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DescriptionOfActuarialFinancingMethod" name="DescriptionOfActuarialFinancingMethod" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DescriptionOfRecognitionOfPlanAssets" name="DescriptionOfRecognitionOfPlanAssets" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ActuarialAssumptionOfNominalDiscountRates" name="ActuarialAssumptionOfNominalDiscountRates" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ActuarialAssumptionOfRateOfReturnsOnInvestments" name="ActuarialAssumptionOfRateOfReturnsOnInvestments" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_GeneralMortalityTableDescription" name="GeneralMortalityTableDescription" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DisabilityTableDescription" name="DisabilityTableDescription" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DisabilityMortalityTableDescription" name="DisabilityMortalityTableDescription" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TurnoverTableDescription" name="TurnoverTableDescription" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DescriptionOfRetirementAge" name="DescriptionOfRetirementAge" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DescriptionOfHouseholdOfActiveParticipants" name="DescriptionOfHouseholdOfActiveParticipants" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive" name="AverageLifeExpectancyOfEmployeesThatAreSixtyFive" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AverageLifeExpectancyOfEmployeesThatAreForty" name="AverageLifeExpectancyOfEmployeesThatAreForty" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PlanAssetsPercentage" name="PlanAssetsPercentage" nillable="true" xbrli:periodType="instant" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SensitivityLevel" name="SensitivityLevel" nillable="true" xbrli:periodType="duration" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SensitivityLevelYear" name="SensitivityLevelYear" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations" name="EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EffectOnPresentValueOfObligations" name="EffectOnPresentValueOfObligations" nillable="true" xbrli:periodType="duration" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths" name="DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo" name="DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree" name="DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour" name="DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive" name="DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter" name="DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DefinedBenefitPlanForecastFutureBenefitPayments" name="DefinedBenefitPlanForecastFutureBenefitPayments" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExpensesRecognizedInIncomeNetDefinedBenefitLiability" name="ExpensesRecognizedInIncomeNetDefinedBenefitLiability" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability" name="SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RecognitionOfLossGainNetDefinedBenefitLiability" name="RecognitionOfLossGainNetDefinedBenefitLiability" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AverageLifeExpectancyOfEmployees" name="AverageLifeExpectancyOfEmployees" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RealIncreaseInMedicalCostsBasedOnAgeAgingFactor" name="RealIncreaseInMedicalCostsBasedOnAgeAgingFactor" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1" name="EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EffectOnPresentValueOfObligations1" name="EffectOnPresentValueOfObligations1" nillable="true" xbrli:periodType="duration" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MinimumFuturePaymentsOfTakeOrPayContracts" name="MinimumFuturePaymentsOfTakeOrPayContracts" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PercentageOfProgressProjectPosts" name="PercentageOfProgressProjectPosts" nillable="true" xbrli:periodType="duration" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ConsessionExpireYear" name="ConsessionExpireYear" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ApprovedConstructionInvestment" name="ApprovedConstructionInvestment" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DescriptionOfCurrentlyApprovedBudget" name="DescriptionOfCurrentlyApprovedBudget" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProposedAmount" name="ProposedAmount" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DescriptionOfGuaranteesOfFinancingGranted" name="DescriptionOfGuaranteesOfFinancingGranted" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PercentageOfDebentureConverted" name="PercentageOfDebentureConverted" nillable="true" xbrli:periodType="duration" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExchangeRates" name="ExchangeRates" nillable="true" xbrli:periodType="instant" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProvisionReversalForConsumptionAndServices" name="ProvisionReversalForConsumptionAndServices" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdjustmentsForProvisionsForActuarialLiabilities" name="AdjustmentsForProvisionsForActuarialLiabilities" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets" name="AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_UpdatedSharesVJR" name="UpdatedSharesVJR" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable" name="AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TradePayablesDraweeRisk" name="TradePayablesDraweeRisk" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis" name="AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DerivativeInstrumentCashSettlement" name="DerivativeInstrumentCashSettlement" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" name="AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CashPaymentsForDerivativeTransactions" name="CashPaymentsForDerivativeTransactions" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CashReceiptsFromDiscontinuedOperations" name="CashReceiptsFromDiscontinuedOperations" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CashReceiptsFromAcquisitionOfControl" name="CashReceiptsFromAcquisitionOfControl" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AmortizationOfLeases" name="AmortizationOfLeases" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LongtermReceivables" name="LongtermReceivables" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProvisionsForTaxSocialSecurityLaborAndCivilRisks" name="ProvisionsForTaxSocialSecurityLaborAndCivilRisks" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LossGainOnBusinessCombination" name="LossGainOnBusinessCombination" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes" name="CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LossgainCashFlowHedgeAccountingPlatts" name="LossgainCashFlowHedgeAccountingPlatts" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EquityInterestInExclusiveFundsPercentage" name="EquityInterestInExclusiveFundsPercentage" nillable="true" xbrli:periodType="duration" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CapitalIncreaseacquisitionOfShares" name="CapitalIncreaseacquisitionOfShares" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DividendsInInvestment" name="DividendsInInvestment" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_UpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii" name="UpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ReclassificationOfUsiminasShares" name="ReclassificationOfUsiminasShares" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ConsolidationOfCbsi" name="ConsolidationOfCbsi" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AmortizationOfFairValueInvestmentMrs" name="AmortizationOfFairValueInvestmentMrs" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OthersInvestments" name="OthersInvestments" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EliminationsToCostOfSales" name="EliminationsToCostOfSales" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EliminationsToTaxes" name="EliminationsToTaxes" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AmortizatedAtFairValueInvestmentInMrs" name="AmortizatedAtFairValueInvestmentInMrs" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EquityInResults" name="EquityInResults" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_InvestmentsPpeAndIntangibleAssets" name="InvestmentsPpeAndIntangibleAssets" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CurrentAndDeferredIncomeTaxAndSocialContribution" name="CurrentAndDeferredIncomeTaxAndSocialContribution" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CostInInvestmentProperties" name="CostInInvestmentProperties" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AccumulatedDepreciation" name="AccumulatedDepreciation" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_WriteoffOfInvestmentProperties" name="WriteoffOfInvestmentProperties" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CashFlowProjection" name="CashFlowProjection" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MeasurementOfRecoverableValueBy2057" name="MeasurementOfRecoverableValueBy2057" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProfitOnDisposalOfShares" name="ProfitOnDisposalOfShares" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ComprehensiveIncomeLoss" name="ComprehensiveIncomeLoss" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherComprehensiveIncomeLoss" name="OtherComprehensiveIncomeLoss" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ActuarialGainsLossesNetDefinedBenefitLiabilityAsset" name="ActuarialGainsLossesNetDefinedBenefitLiabilityAsset" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1" name="GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_GainLossOnBusinessCombination" name="GainLossOnBusinessCombination" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves" name="IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NoncontrollingInterestsInSubsidiaries" name="NoncontrollingInterestsInSubsidiaries" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProposedCapitalIncrease" name="ProposedCapitalIncrease" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_InternalChangesInShareholdersEquity" name="InternalChangesInShareholdersEquity" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PercentageOfInterest" name="PercentageOfInterest" nillable="true" xbrli:periodType="duration" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PercentageOfStakes" name="PercentageOfStakes" nillable="true" xbrli:periodType="instant" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AcquisitionSharesAmount" name="AcquisitionSharesAmount" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ConcessionTerm" name="ConcessionTerm" nillable="true" xbrli:periodType="duration" type="xbrli:durationItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DescriptionOfHoldingInOtherEntity" name="DescriptionOfHoldingInOtherEntity" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherExpense" name="OtherExpense" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FairValueOfInvestmentProperties" name="FairValueOfInvestmentProperties" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NumberOfSharesHeld" name="NumberOfSharesHeld" nillable="true" xbrli:periodType="instant" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PlanAssetsValue" name="PlanAssetsValue" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ParticipantsSalaryTerm" name="ParticipantsSalaryTerm" nillable="true" xbrli:periodType="duration" type="xbrli:durationItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PensionPlanExpense" name="PensionPlanExpense" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DescriptionOfPensionFundMarket" name="DescriptionOfPensionFundMarket" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DescriptionOfInvestmentPolicy" name="DescriptionOfInvestmentPolicy" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NumberOfSharesTransfer" name="NumberOfSharesTransfer" nillable="true" xbrli:periodType="duration" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NumberOfSharesTransferOne" name="NumberOfSharesTransferOne" nillable="true" xbrli:periodType="duration" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PercentageOfVotingCapital" name="PercentageOfVotingCapital" nillable="true" xbrli:periodType="duration" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DisclosureOfDescriptionOfBusinessExplanatory" name="DisclosureOfDescriptionOfBusinessExplanatory" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DisclosureOfImpactsOfCovid19Explanatory" name="DisclosureOfImpactsOfCovid19Explanatory" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DisclosureOfFinancialInvestmentsExplanatory" name="DisclosureOfFinancialInvestmentsExplanatory" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DisclosureOfRecoverableTaxesExplanatory" name="DisclosureOfRecoverableTaxesExplanatory" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DisclosureOfTradePayablesExplanatory" name="DisclosureOfTradePayablesExplanatory" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DisclosureOfIncomeTaxAndSocialContributionExplanatory" name="DisclosureOfIncomeTaxAndSocialContributionExplanatory" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DisclosureOfTaxesInInstallmentsExplanatory" name="DisclosureOfTaxesInInstallmentsExplanatory" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DisclosureOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationsExplanatory" name="DisclosureOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationsExplanatory" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DisclosureOfShareholdersCompensationExplanatory" name="DisclosureOfShareholdersCompensationExplanatory" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DescriptionOfAccountingPolicyForExplanatoryNotesForBasisOfPresentationExplanatory" name="DescriptionOfAccountingPolicyForExplanatoryNotesForBasisOfPresentationExplanatory" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PercentageOfCorporateStaff" name="PercentageOfCorporateStaff" nillable="true" xbrli:periodType="duration" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfCashAndCashEquivalentsTableTextBlock" name="SummaryOfCashAndCashEquivalentsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DetailInformationOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" name="DetailInformationOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfTradeReceivablesTableTextBlock" name="SummaryOfTradeReceivablesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfGrossTradeReceivablesFromThirdPartiesTableTextBlock" name="SummaryOfGrossTradeReceivablesFromThirdPartiesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfChangesInAllowanceForDoubtfulDebtsTableTextBlock" name="SummaryOfChangesInAllowanceForDoubtfulDebtsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfInventoryTableTextBlock" name="SummaryOfInventoryTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfChangesInProvisionForInventoryLossesTableTextBlock" name="SummaryOfChangesInProvisionForInventoryLossesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfRecoverableTaxesTableTextBlock" name="SummaryOfRecoverableTaxesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfOtherCurrentAndNoncurrentAssetsTableTextBlock" name="SummaryOfOtherCurrentAndNoncurrentAssetsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfDirectAndIndirectSubsidiariesJointVenturesAndJointOperationsTableTextBlock" name="SummaryOfDirectAndIndirectSubsidiariesJointVenturesAndJointOperationsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfDirectEquityInterestsInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock" name="SummaryOfDirectEquityInterestsInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfChangesOfInvestmentsBalancesInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock" name="SummaryOfChangesOfInvestmentsBalancesInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfEquityInResultsTableTextBlock" name="SummaryOfEquityInResultsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfJointVenturesAndJointOperationsFinancialInformationTableTextBlock" name="SummaryOfJointVenturesAndJointOperationsFinancialInformationTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfMeasurementOfRecoverableValueTableTextBlock" name="ScheduleOfMeasurementOfRecoverableValueTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfInvestmentPropertiesTableTextBlock" name="SummaryOfInvestmentPropertiesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfAverageEstimatedUsefulLivesTableTextBlock" name="ScheduleOfAverageEstimatedUsefulLivesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfPropertyPlantAndEquipmentTableTextBlock" name="SummaryOfPropertyPlantAndEquipmentTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfRightsOfUseTableTextBlock" name="ScheduleOfRightsOfUseTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfEstimatedUsefulLivesTableTextBlock" name="SummaryOfEstimatedUsefulLivesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfIntangibleAssetsTableTextBlock" name="SummaryOfIntangibleAssetsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock" name="SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfCashGeneratingUnitsTableTextBlock" name="SummaryOfCashGeneratingUnitsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfAssumptionsForIntangibleAssetImpairmentTestTableTextBlock" name="SummaryOfAssumptionsForIntangibleAssetImpairmentTestTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfBorrowingsFinancingAndDebenturesTableTextBlock" name="SummaryOfBorrowingsFinancingAndDebenturesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfAverageInterestRateOnBorrowingsTableTextBlock" name="SummaryOfAverageInterestRateOnBorrowingsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfMaturitiesOfBorrowingsFinancingAndDebenturesTableTextBlock" name="SummaryOfMaturitiesOfBorrowingsFinancingAndDebenturesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfNewFundingTransactionsAndAmortizationTableTextBlock" name="SummaryOfNewFundingTransactionsAndAmortizationTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfGroupCapturesAndAmortizedLoansTableTextBlock" name="SummaryOfGroupCapturesAndAmortizedLoansTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfFinancialInstrumentsTableTextBlock" name="SummaryOfFinancialInstrumentsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfFinancialInstrumentsAtFairValueThroughProfitOrLossTableTextBlock" name="SummaryOfFinancialInstrumentsAtFairValueThroughProfitOrLossTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfOtherOperatingIncomeAndExpensesTableTextBlock" name="ScheduleOfOtherOperatingIncomeAndExpensesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfForeignExchangeExposureTableTextBlock" name="SummaryOfForeignExchangeExposureTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfCurrenciesUsedInSensitivityAnalysisTableTextBlock" name="SummaryOfCurrenciesUsedInSensitivityAnalysisTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfSensitivityAnalysisEffectsOnIncomeStatementTableTextBlock" name="SummaryOfSensitivityAnalysisEffectsOnIncomeStatementTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfSensitivityAnalysisEffectsOnClassOfSharesTableTextBlock" name="ScheduleOfSensitivityAnalysisEffectsOnClassOfSharesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfSensitivityAnalysisOfInterestRateSwapsTableTextBlock" name="SummaryOfSensitivityAnalysisOfInterestRateSwapsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfDollarEuroSwapTableTextBlock" name="SummaryOfDollarEuroSwapTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfHedgingInstrumentsTableTextBlock" name="SummaryOfHedgingInstrumentsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfChangesInHedgeAccountingTableTextBlock" name="SummaryOfChangesInHedgeAccountingTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfReclassifiedToOtherOperatingIncomeAndExpensesTableTextBlock" name="ScheduleOfReclassifiedToOtherOperatingIncomeAndExpensesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfChangesInHedgeAccountingPlattsTableTextBlock" name="ScheduleOfChangesInHedgeAccountingPlattsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfNonDerivativeFinancialLiabilitiesTableTextBlock" name="SummaryOfNonDerivativeFinancialLiabilitiesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfContractualMaturitiesOfFinancialLiabilitiesTableTextBlock" name="SummaryOfContractualMaturitiesOfFinancialLiabilitiesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfFairValuesOfAssetsAndLiabilitiesTableTextBlock" name="ScheduleOfFairValuesOfAssetsAndLiabilitiesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfCapitalManagementTableTextBlock" name="ScheduleOfCapitalManagementTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfOtherPayablesTableTextBlock" name="SummaryOfOtherPayablesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfLeaseLiabilities" name="ScheduleOfLeaseLiabilities" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfMovementOfLeaseLiabilitiesTableTextBlock" name="ScheduleOfMovementOfLeaseLiabilitiesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfEstimatedFutureMinimumPaymentsForLeaseAgreementsTableTextBlock" name="ScheduleOfEstimatedFutureMinimumPaymentsForLeaseAgreementsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RecoverablePisCofinsTableTextBlock" name="RecoverablePisCofinsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfMeasurementOfLeaseLiabilityTableTextBlock" name="ScheduleOfMeasurementOfLeaseLiabilityTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfComparativeBalancesOfLeaseLiabilitiesTableTextBlock" name="ScheduleOfComparativeBalancesOfLeaseLiabilitiesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfTradePayablesTableTextBlock" name="ScheduleOfTradePayablesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock" name="SummaryOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfReconciliationOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock" name="SummaryOfReconciliationOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfDeferredIncomeTaxAndSocialContributionTableTextBlock" name="SummaryOfDeferredIncomeTaxAndSocialContributionTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfEstimatedRecoveryOfDeferredTaxAssetsTableTextBlock" name="ScheduleOfEstimatedRecoveryOfDeferredTaxAssetsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DisclosureOfInventoriesIncomeTaxAndSocialContributionRecognizedInShareholdersEquityExplanatory" name="DisclosureOfInventoriesIncomeTaxAndSocialContributionRecognizedInShareholdersEquityExplanatory" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfDeferredTaxAssetsOnTaxLossesAndTemporaryDifferencesTableTextBlock" name="SummaryOfDeferredTaxAssetsOnTaxLossesAndTemporaryDifferencesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfTaxesInInstallmentsTableTextBlock" name="SummaryOfTaxesInInstallmentsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfAccruedAmountsAndJudicialDepositsTableTextBlock" name="SummaryOfAccruedAmountsAndJudicialDepositsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfChangesInProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksTableTextBlock" name="SummaryOfChangesInProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfLegalMattersWithPossibleRiskOfLossTableTextBlock" name="SummaryOfLegalMattersWithPossibleRiskOfLossTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionAssetsAndLiabilitiesTableTextBlock" name="SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionAssetsAndLiabilitiesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionStatementOfIncomeTableTextBlock" name="SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionStatementOfIncomeTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfKeyManagementPersonnelCompensationTableTextBlock" name="SummaryOfKeyManagementPersonnelCompensationTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfGuaranteesTableTextBlock" name="ScheduleOfGuaranteesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationTableTextBlock" name="SummaryOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfOwnershipStructureTableTextBlock" name="SummaryOfOwnershipStructureTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfShareBuybackProgramsTableTextBlock" name="SummaryOfShareBuybackProgramsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfPositionOfTreasurySharesTableTextBlock" name="SummaryOfPositionOfTreasurySharesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfBasicEarningsLossPerShareTableTextBlock" name="SummaryOfBasicEarningsLossPerShareTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfDeliberateAndPaidDividendsTableTextBlock" name="SummaryOfDeliberateAndPaidDividendsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfNetSalesRevenueExplanatory" name="ScheduleOfNetSalesRevenueExplanatory" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfExpensesByNatureTableTextBlock" name="SummaryOfExpensesByNatureTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DisclosureOfDepreciationAmortizationAndDepletionExplanatory" name="DisclosureOfDepreciationAmortizationAndDepletionExplanatory" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfOtherOperatingIncomeExpensesTableTextBlock" name="SummaryOfOtherOperatingIncomeExpensesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfFinancialIncomeExpensesTableTextBlock" name="SummaryOfFinancialIncomeExpensesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfConsolidatedSegmentResultsTableTextBlock" name="SummaryOfConsolidatedSegmentResultsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfActuarialEmployeeBenefitAssetsAndLiabilitiesTableTextBlock" name="SummaryOfActuarialEmployeeBenefitAssetsAndLiabilitiesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfReconciliationOfEmployeeBenefitsAssetsAndLiabilitiesTableTextBlock" name="SummaryOfReconciliationOfEmployeeBenefitsAssetsAndLiabilitiesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfChangesInPresentValueOfDefinedBenefitObligationTableTextBlock" name="SummaryOfChangesInPresentValueOfDefinedBenefitObligationTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfChangesInFairValueOfPlanAssetsTableTextBlock" name="SummaryOfChangesInFairValueOfPlanAssetsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfEmployeeBenefitsRecognizedInIncomeStatementTableTextBlock" name="SummaryOfEmployeeBenefitsRecognizedInIncomeStatementTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfChangesInActuarialGainsAndLossesTableTextBlock" name="SummaryOfChangesInActuarialGainsAndLossesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfBreakdownOfActuarialGainsOrLossesTableTextBlock" name="SummaryOfBreakdownOfActuarialGainsOrLossesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfActuarialAssumptionsUsedTableTextBlock" name="SummaryOfActuarialAssumptionsUsedTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfAverageLifeExpectancyTableTextBlock" name="SummaryOfAverageLifeExpectancyTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfAllocationOfPlanAssetsTableTextBlock" name="SummaryOfAllocationOfPlanAssetsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPensionPlansTableTextBlock" name="SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPensionPlansTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfForecastBenefitPaymentsOfDefinedBenefitPlansTableTextBlock" name="SummaryOfForecastBenefitPaymentsOfDefinedBenefitPlansTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfPostEmploymentHealthCarePlanAmountsTableTextBlock" name="SummaryOfPostEmploymentHealthCarePlanAmountsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfReconciliationOfHealthcareLiabilitiesTableTextBlock" name="SummaryOfReconciliationOfHealthcareLiabilitiesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfActuarialGainsAndLossesRecognizedInShareholdersEquityTableTextBlock" name="SummaryOfActuarialGainsAndLossesRecognizedInShareholdersEquityTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfWeightedAverageLifeExpectancyTableTextBlock" name="SummaryOfWeightedAverageLifeExpectancyTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfActuarialAssumptionsUsedForCalculatingPostEmploymentHealthcareBenefitsTableTextBlock" name="SummaryOfActuarialAssumptionsUsedForCalculatingPostEmploymentHealthcareBenefitsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPostEmploymentHealthcarePlansTableTextBlock" name="SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPostEmploymentHealthcarePlansTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfForecastBenefitPaymentsOfPostEmploymentHealthcarePlansTableTextBlock" name="SummaryOfForecastBenefitPaymentsOfPostEmploymentHealthcarePlansTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfTakeOrPayContractsTableTextBlock" name="SummaryOfTakeOrPayContractsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfAdditionalInformationRelatedToStatementOfCashFlowsTableTextBlock" name="SummaryOfAdditionalInformationRelatedToStatementOfCashFlowsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CapitalizedInterestPropertyPlantAndEquipment" name="CapitalizedInterestPropertyPlantAndEquipment" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment" name="RightOfUseInitialRecognitionPropertyPlantAndEquipment" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RightOfUseRemesurementPropertyPlantAndEquipment" name="RightOfUseRemesurementPropertyPlantAndEquipment" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AroUpdatesPropertyPlantAndEquipment" name="AroUpdatesPropertyPlantAndEquipment" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ConsolidationCBSIPropertyPlantAndEquipment" name="ConsolidationCBSIPropertyPlantAndEquipment" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OthersPropertyPlantAndEquipment" name="OthersPropertyPlantAndEquipment" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RightofuseAssetsRemeasurement" name="RightofuseAssetsRemeasurement" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_WriteOffRightOfuseAssets" name="WriteOffRightOfuseAssets" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TransfersToOtherAssetCategories" name="TransfersToOtherAssetCategories" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization" name="DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_GrossShorttermBorrowings" name="GrossShorttermBorrowings" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_GrossLongtermBorrowings" name="GrossLongtermBorrowings" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BorrowingCostsRecognisedAsExpenseCurrent" name="BorrowingCostsRecognisedAsExpenseCurrent" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BorrowingCostsRecognisedAsExpenseNoncurent" name="BorrowingCostsRecognisedAsExpenseNoncurent" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LoanContractsWithFinancialInstitutions" name="LoanContractsWithFinancialInstitutions" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OthersIntangibleAssets" name="OthersIntangibleAssets" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IncreaseDecreaseInCapital" name="IncreaseDecreaseInCapital" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PercentageOfAdditionalSharesHeldByMajorityShareholder" name="PercentageOfAdditionalSharesHeldByMajorityShareholder" nillable="true" xbrli:periodType="duration" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PercentageOfAdditionalSharesHeldByCurrentShareholders" name="PercentageOfAdditionalSharesHeldByCurrentShareholders" nillable="true" xbrli:periodType="duration" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RatioOfShareSplit" name="RatioOfShareSplit" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DebtReprofiling" name="DebtReprofiling" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DebtMaturityYearPostponed" name="DebtMaturityYearPostponed" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DebtAmortized" name="DebtAmortized" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BuyBackOfDebenturesShares" name="BuyBackOfDebenturesShares" nillable="true" xbrli:periodType="duration" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BuyBackOfDebenturesValue" name="BuyBackOfDebenturesValue" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PercentageOfBuyBackOfDebentures" name="PercentageOfBuyBackOfDebentures" nillable="true" xbrli:periodType="duration" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IndemnityLimit" name="IndemnityLimit" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DeductibleMaterialDamages" name="DeductibleMaterialDamages" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ActuarialLossgain" name="ActuarialLossgain" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset" name="TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DaysForLosOfProfits" name="DaysForLosOfProfits" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CashFlowHedgeRealised" name="CashFlowHedgeRealised" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NetRevenues" name="NetRevenues" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SaleOfShares" name="SaleOfShares" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TreasuryShare" name="TreasuryShare" nillable="true" xbrli:periodType="instant" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SharesPrice" name="SharesPrice" nillable="true" xbrli:periodType="duration" type="num:perShareItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NumbersOfShareIssuedValue" name="NumbersOfShareIssuedValue" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SupplyOfIronOre" name="SupplyOfIronOre" nillable="true" xbrli:periodType="duration" type="num:massItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdditionalSupplyOfIronOre" name="AdditionalSupplyOfIronOre" nillable="true" xbrli:periodType="duration" type="num:massItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ContractualTerm" name="ContractualTerm" nillable="true" xbrli:periodType="duration" type="xbrli:durationItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TaxCreditsMaturityTerms" name="TaxCreditsMaturityTerms" nillable="true" xbrli:periodType="duration" type="xbrli:durationItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ReversedOfEstimatedLosses" name="ReversedOfEstimatedLosses" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DeferredTaxAsset" name="DeferredTaxAsset" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NegativeBaseOfSocialContribution" name="NegativeBaseOfSocialContribution" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdditionalInvestment" name="AdditionalInvestment" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PercentageOfAllocatedToServicesOfEnvironmentalInterest" name="PercentageOfAllocatedToServicesOfEnvironmentalInterest" nillable="true" xbrli:periodType="duration" type="num:percentItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ActualDisbursement" name="ActualDisbursement" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BorrowingMaturity" name="BorrowingMaturity" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DistributionOfMandatoryMinimumDividend" name="DistributionOfMandatoryMinimumDividend" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfSensitivityAnalysisOfPriceRisksPlattsIndexTableTextBlock" name="ScheduleOfSensitivityAnalysisOfPriceRisksPlattsIndexTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DeferredLiabilitiesSubsidiaries" name="DeferredLiabilitiesSubsidiaries" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfBalanceSheetAndStatementOfIncome" name="ScheduleOfBalanceSheetAndStatementOfIncome" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DescriptionOfProductionProcess" name="DescriptionOfProductionProcess" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TradeReceivableAfterAllowanceForDoubtfulDebts" name="TradeReceivableAfterAllowanceForDoubtfulDebts" nillable="true" xbrli:periodType="instant" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ChangesInInvestmentsInSubsidiariesJointlyControlledCompaniesJointOperationsAssociatesAndOtherInvestmentsComprehensiveIncome" name="ChangesInInvestmentsInSubsidiariesJointlyControlledCompaniesJointOperationsAssociatesAndOtherInvestmentsComprehensiveIncome" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CementMember" name="CementMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EventsAfterReportingPeriodMember" name="EventsAfterReportingPeriodMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BrazilianReaisMember" name="BrazilianReaisMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BrazilianCentralBankMember" name="BrazilianCentralBankMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AbroadMember" name="AbroadMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_InvestmentMember" name="InvestmentMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_UsiminasSharesMember" name="UsiminasSharesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BondMember" name="BondMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ThirdPartiesMember" name="ThirdPartiesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RelatedPartieMember" name="RelatedPartieMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NotLaterThanOneMonthsMember" name="NotLaterThanOneMonthsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FinishedGoodsMember" name="FinishedGoodsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_WorkInProgressMember" name="WorkInProgressMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RawMaterialsMember" name="RawMaterialsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SparePartsMember" name="SparePartsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdvancesToSuppliersMember" name="AdvancesToSuppliersMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_StateValueAddedTaxMember" name="StateValueAddedTaxMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BrazilianFederalContributionsMember" name="BrazilianFederalContributionsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherTaxesMember" name="OtherTaxesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_JudicialDepositsMember" name="JudicialDepositsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CreditsWithThePGFNMember" name="CreditsWithThePGFNMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PrepaidExpensesMember" name="PrepaidExpensesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PrepaidExpensesWithSeaFreightMember" name="PrepaidExpensesWithSeaFreightMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ActuarialAssetRelatedPartyMember" name="ActuarialAssetRelatedPartyMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DerivativeFinancialInstrumentsMember" name="DerivativeFinancialInstrumentsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SecuritiesHeldForTradingMember" name="SecuritiesHeldForTradingMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LoansWithRelatedPartiesMember" name="LoansWithRelatedPartiesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherReceivablesFromRelatedPartiesMember" name="OtherReceivablesFromRelatedPartiesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherReceivablesMember" name="OtherReceivablesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember" name="MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DividendsReceivableMember" name="DividendsReceivableMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DebitOfEmployeesMember" name="DebitOfEmployeesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ReceivablesByIndemnityMember" name="ReceivablesByIndemnityMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherMember" name="OtherMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdjustmentForAccumulatedRecoverableValueMember" name="AdjustmentForAccumulatedRecoverableValueMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PackagingMember" name="PackagingMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SteelMember" name="SteelMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LongStelMember" name="LongStelMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MiningMember" name="MiningMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MinningMember" name="MinningMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherSteelMember" name="OtherSteelMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FlatSteelMember" name="FlatSteelMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LogisticMember" name="LogisticMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CKTRBrasilServicosLtdaMember" name="CKTRBrasilServicosLtdaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_VariableInterestMember" name="VariableInterestMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PrepaymentMember" name="PrepaymentMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ForeignCurrencyMember" name="ForeignCurrencyMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FixedInterestMember" name="FixedInterestMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BondsPerpetualBondsAndACCMember" name="BondsPerpetualBondsAndACCMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FacilityMember" name="FacilityMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BNDESFINAMEDebenturesNCEAndCCBMember" name="BNDESFINAMEDebenturesNCEAndCCBMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LocalCurrencyMember" name="LocalCurrencyMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IntercompanyMember" name="IntercompanyMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BankLoansMember" name="BankLoansMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LaterThanFiveYearsAndNotLaterThanSixYearsMember" name="LaterThanFiveYearsAndNotLaterThanSixYearsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LaterThanSixYearsAndNotLaterThanSevenYearsMember" name="LaterThanSixYearsAndNotLaterThanSevenYearsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AfterSixYearsMember" name="AfterSixYearsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BondsPerpetualBondsMember" name="BondsPerpetualBondsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CapitalMarketsMember" name="CapitalMarketsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LaterThanSixYearsMember" name="LaterThanSixYearsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PerpetualBondsMember" name="PerpetualBondsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BondsPerpetualBondsACCAndFacilityMember" name="BondsPerpetualBondsACCAndFacilityMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LeasesMember" name="LeasesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TradePayablesDraweeRiskMember" name="TradePayablesDraweeRiskMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TradePayablesMember" name="TradePayablesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BorrowingsAndFinancingMember" name="BorrowingsAndFinancingMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CashAndCashEquivalantMember" name="CashAndCashEquivalantMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ShortTermInvestmentMember" name="ShortTermInvestmentMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DividendsAndInterestOnEquityMember" name="DividendsAndInterestOnEquityMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherTradeReceivablesMember" name="OtherTradeReceivablesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CompulsoryLoanEletrobrasMember" name="CompulsoryLoanEletrobrasMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FinancialInvestmentesMember" name="FinancialInvestmentesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FinancialInvestmentes1Member" name="FinancialInvestmentes1Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OrdinarySharesOneMember" name="OrdinarySharesOneMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PreferenceSharesoneMember" name="PreferenceSharesoneMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TotalSharesMember" name="TotalSharesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_USMember" name="USMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EURMember" name="EURMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CashAndCashEquivalentsOverseasMember" name="CashAndCashEquivalentsOverseasMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherLiabilities1Member" name="OtherLiabilities1Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FinancialInvestmentsMember" name="FinancialInvestmentsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IronOreDerivativeMember" name="IronOreDerivativeMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProbableScenarioMember" name="ProbableScenarioMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScenarioIMember" name="ScenarioIMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScenarioIIMember" name="ScenarioIIMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_USDXEURMember" name="USDXEURMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExchangeRateSwapDollarEuroMember" name="ExchangeRateSwapDollarEuroMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NetExchangePositionOneMember" name="NetExchangePositionOneMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NetExchangePositionMember" name="NetExchangePositionMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExchangeRateAwapCDIDollarMember" name="ExchangeRateAwapCDIDollarMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_GrossExchangePositionMember" name="GrossExchangePositionMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScenarioIIThreeMember" name="ScenarioIIThreeMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScenarioIITwoMember" name="ScenarioIITwoMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CDIMember" name="CDIMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TJLPMember" name="TJLPMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LondonInterbankOfferedRateLIBOROneMember" name="LondonInterbankOfferedRateLIBOROneMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LIBORMember" name="LIBORMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NotLaterThanOneYearsMember" name="NotLaterThanOneYearsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExchangeRateSwapDollarEuroOneMember" name="ExchangeRateSwapDollarEuroOneMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TotalDollarToEuroSwapMember" name="TotalDollarToEuroSwapMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExchangeRateSwapGBPEuroMember" name="ExchangeRateSwapGBPEuroMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TotalSwapGBPEuroMember" name="TotalSwapGBPEuroMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExchangeRateSwapCDIDollarMember" name="ExchangeRateSwapCDIDollarMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TotalSwapCDIDollarMember" name="TotalSwapCDIDollarMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExportPrepaymentsInUsToThirdPartiesMember" name="ExportPrepaymentsInUsToThirdPartiesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExportPrepaymentsInUsToThirdPartiesOneMember" name="ExportPrepaymentsInUsToThirdPartiesOneMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExportPrepaymentsInUsToThirdPartiesTwoMember" name="ExportPrepaymentsInUsToThirdPartiesTwoMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExportPrepaymentsInUsToThirdPartiesThreeMember" name="ExportPrepaymentsInUsToThirdPartiesThreeMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExportPrepaymentsInUsToThirdPartiesFourMember" name="ExportPrepaymentsInUsToThirdPartiesFourMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExportPrepaymentsInUsToThirdPartiesFiveMember" name="ExportPrepaymentsInUsToThirdPartiesFiveMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExportPrepaymentsInUsToThirdPartiesSixMember" name="ExportPrepaymentsInUsToThirdPartiesSixMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExportPrepaymentsInUsToThirdPartiesSevenMember" name="ExportPrepaymentsInUsToThirdPartiesSevenMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExportPrepaymentsInUsToThirdPartiesEightMember" name="ExportPrepaymentsInUsToThirdPartiesEightMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExportPrepaymentsInUsToThirdPartiesNineMember" name="ExportPrepaymentsInUsToThirdPartiesNineMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExportPrepaymentsInUsToThirdPartiesTenMember" name="ExportPrepaymentsInUsToThirdPartiesTenMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExportPrepaymentsInUsToThirdPartiesElevenMember" name="ExportPrepaymentsInUsToThirdPartiesElevenMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BondsandExportprepaymentsinUSMember" name="BondsandExportprepaymentsinUSMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BondsandExportprepaymentsinUSOneMember" name="BondsandExportprepaymentsinUSOneMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BondOneMember" name="BondOneMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CashFlowHedgesPlattsMember" name="CashFlowHedgesPlattsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember" name="IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FairValueOfCashFlowAccountingPlattsNetMember" name="FairValueOfCashFlowAccountingPlattsNetMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NonDerivativeFinancialLiabilitiesInEurDebtContractMember" name="NonDerivativeFinancialLiabilitiesInEurDebtContractMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FixedRateNotesMember" name="FixedRateNotesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CapitalManagementMember" name="CapitalManagementMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PayablesToRelatedPartiesMember" name="PayablesToRelatedPartiesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DividendsAndInterestOnCapitalPayableMember" name="DividendsAndInterestOnCapitalPayableMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdvancesFromCustomersMember" name="AdvancesFromCustomersMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TaxesInInstallmentsMember" name="TaxesInInstallmentsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProfitSharingEmployeesMember" name="ProfitSharingEmployeesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TaxesPayableMember" name="TaxesPayableMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProvisionFromConsumptionAndServicesMember" name="ProvisionFromConsumptionAndServicesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ThirdPartyMaterialsInOurPossessionMember" name="ThirdPartyMaterialsInOurPossessionMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherPayablesMember" name="OtherPayablesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNMineracaoMember" name="CSNMineracaoMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CargoTerminalTECARMember" name="CargoTerminalTECARMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RailwayOperationMember" name="RailwayOperationMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OperationalFacilitiesMember" name="OperationalFacilitiesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdministrativeMember" name="AdministrativeMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SalesOfficesMember" name="SalesOfficesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OperatingEquipmentMember" name="OperatingEquipmentMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_InitiallyAppliedIFRSMember" name="InitiallyAppliedIFRSMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NotLaterThanOne1YearMember" name="NotLaterThanOne1YearMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RateInNominalTermsAndActualFlowMember" name="RateInNominalTermsAndActualFlowMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CargoTerminalTECONMember" name="CargoTerminalTECONMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EquityInResultsOfAffiliatedCompaniesMember" name="EquityInResultsOfAffiliatedCompaniesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProfitWithDifferentiatedRatesOrUntaxedMember" name="ProfitWithDifferentiatedRatesOrUntaxedMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TransferPricingAdjustmentMember" name="TransferPricingAdjustmentMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember" name="TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LimitOfIndebtednessMember" name="LimitOfIndebtednessMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_UnrecordedDeferredTaxesOnTemporaryDifferencesMember" name="UnrecordedDeferredTaxesOnTemporaryDifferencesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember" name="LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IncomeTaxAndSocialContributionOnForeignProfitMember" name="IncomeTaxAndSocialContributionOnForeignProfitMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TaxIncentivesMember" name="TaxIncentivesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ReversalOfDeferredTaxInNamisaMember" name="ReversalOfDeferredTaxInNamisaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_InterestOnEquityMember" name="InterestOnEquityMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherPermanentDeductionsAdditionsMember" name="OtherPermanentDeductionsAdditionsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DeferredIncomeTaxLossesMember" name="DeferredIncomeTaxLossesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DeferredSocialContributionTaxLossesMember" name="DeferredSocialContributionTaxLossesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TemporaryDifferencesMember" name="TemporaryDifferencesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember" name="ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AssetsImpairmentLossesMember" name="AssetsImpairmentLossesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_GainsLossesOnFinancialInstrumentsMember" name="GainsLossesOnFinancialInstrumentsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_GainsLossesInFinancialInstrumentsMember" name="GainsLossesInFinancialInstrumentsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ActuarialLiabilityPensionAndHealthcarePlanMember" name="ActuarialLiabilityPensionAndHealthcarePlanMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AccruedSuppliesAndServicesMember" name="AccruedSuppliesAndServicesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_GoodwilOnMergerMember" name="GoodwilOnMergerMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_UnrealizedExchangeDifferencesMember" name="UnrealizedExchangeDifferencesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_GainUponLossOfControlInTransnordestinaMember" name="GainUponLossOfControlInTransnordestinaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_GainInControlLossOnTransnordestinaMember" name="GainInControlLossOnTransnordestinaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CashFlowHedgeAccountingMember" name="CashFlowHedgeAccountingMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AcquisitionFairValueSwtCblMember" name="AcquisitionFairValueSwtCblMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DeferredTaxesNonComputedMember" name="DeferredTaxesNonComputedMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EstimatedLossesReversalsToDeferredTaxesCreditsMember" name="EstimatedLossesReversalsToDeferredTaxesCreditsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BusinessCombinationMember" name="BusinessCombinationMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ConsolidationCBSIMember" name="ConsolidationCBSIMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OthersMember" name="OthersMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LaterThanTwoYearMember" name="LaterThanTwoYearMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LaterThanThreeYearMember" name="LaterThanThreeYearMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LaterThanFourYearMember" name="LaterThanFourYearMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LaterThanFiveYearMember" name="LaterThanFiveYearMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TaxLossesMember" name="TaxLossesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExchangeDifferenceExpensesMember" name="ExchangeDifferenceExpensesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LossesOnUsiminasSharesMember" name="LossesOnUsiminasSharesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FederalRefisLaw1Member" name="FederalRefisLaw1Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FederalRefisLaw2Member" name="FederalRefisLaw2Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherTaxesInInstallmentsMember" name="OtherTaxesInInstallmentsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TaxMember" name="TaxMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SocialSecurityMember" name="SocialSecurityMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LaborMember" name="LaborMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CivilMember" name="CivilMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EnvironmentalMember" name="EnvironmentalMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DepositOfAGuaranteeMember" name="DepositOfAGuaranteeMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter1Member" name="MainLegalMatter1Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter2Member" name="MainLegalMatter2Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter3Member" name="MainLegalMatter3Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter4Member" name="MainLegalMatter4Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter5Member" name="MainLegalMatter5Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter7Member" name="MainLegalMatter7Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter8Member" name="MainLegalMatter8Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter10Member" name="MainLegalMatter10Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter11Member" name="MainLegalMatter11Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter13Member" name="MainLegalMatter13Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter14Member" name="MainLegalMatter14Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter15Member" name="MainLegalMatter15Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter21Member" name="MainLegalMatter21Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter16Member" name="MainLegalMatter16Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter25Member" name="MainLegalMatter25Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter26Member" name="MainLegalMatter26Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter27Member" name="MainLegalMatter27Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter17Member" name="MainLegalMatter17Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter18Member" name="MainLegalMatter18Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter19Member" name="MainLegalMatter19Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter30Member" name="MainLegalMatter30Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter32Member" name="MainLegalMatter32Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter20Member" name="MainLegalMatter20Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter28Member" name="MainLegalMatter28Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter23Member" name="MainLegalMatter23Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter29Member" name="MainLegalMatter29Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MainLegalMatter31Member" name="MainLegalMatter31Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_INEAMember" name="INEAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MunicipalityOfVoltaRedondaMember" name="MunicipalityOfVoltaRedondaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EnvironmentalLiabilitiesMember" name="EnvironmentalLiabilitiesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AssetRetirementObligationsMember" name="AssetRetirementObligationsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherNonCurrentAssetMember" name="OtherNonCurrentAssetMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_JointVenturesEJointOperationMember" name="JointVenturesEJointOperationMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LoanMember" name="LoanMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember" name="SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherCurrentAssetMember" name="OtherCurrentAssetMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ActuarialAssetMember" name="ActuarialAssetMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IntercompanyLoansMember" name="IntercompanyLoansMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherAccountsPayableMember" name="OtherAccountsPayableMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherProvisionForConsumptionAndServicesMember" name="OtherProvisionForConsumptionAndServicesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ActuarialLiabilitiesMember" name="ActuarialLiabilitiesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_JointVenturesJointOperationMember" name="JointVenturesJointOperationMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SubsidiariesAndAssociateMember" name="SubsidiariesAndAssociateMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TransnordestinaLogisticaSAMember" name="TransnordestinaLogisticaSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FTLFerroviaTransnordestinaMember" name="FTLFerroviaTransnordestinaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CiaMetalurgicaPradaMember" name="CiaMetalurgicaPradaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNEnergiaMember" name="CSNEnergiaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EstanhoDeRondoniaMember" name="EstanhoDeRondoniaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MineriosNacionalSAMember" name="MineriosNacionalSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNIslandsXIIMember" name="CSNIslandsXIIMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNResourcesMember" name="CSNResourcesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNSteelSLMember" name="CSNSteelSLMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNInovaVenturesMember" name="CSNInovaVenturesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNIslandsXIMember" name="CSNIslandsXIMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_VicunhaSiderurgiaSAMember" name="VicunhaSiderurgiaSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RioIacoParticipacoesSAMember" name="RioIacoParticipacoesSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_VicunhaAcosSAMember" name="VicunhaAcosSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_VicunhaSteelSAMember" name="VicunhaSteelSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CFLParticipacoesSAMember" name="CFLParticipacoesSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_VicunhaSteelSA1Member" name="VicunhaSteelSA1Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RioPurusParticipacoesSAMember" name="RioPurusParticipacoesSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MRSLogisticaMember" name="MRSLogisticaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RioLacoParticipacoesSAMember" name="RioLacoParticipacoesSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NyseAdrsMember" name="NyseAdrsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherOneMember" name="OtherOneMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_USIM3Member" name="USIM3Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BuybackProgram9Number2Member" name="BuybackProgram9Number2Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EventAfterReportingPeriodMember" name="EventAfterReportingPeriodMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNMineracaoSAMember" name="CSNMineracaoSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PrimaryDistributionMember" name="PrimaryDistributionMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SecondaryDistributionMember" name="SecondaryDistributionMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DomesticMarketMember" name="DomesticMarketMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ForeignMarketMember" name="ForeignMarketMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RawMaterialsAndInputsMember" name="RawMaterialsAndInputsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LaborCostMember" name="LaborCostMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SuppliesMember" name="SuppliesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MaintenanceCostServicesAndMaterialsMember" name="MaintenanceCostServicesAndMaterialsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OutsourcingServicesMember" name="OutsourcingServicesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FreightsMember" name="FreightsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DistributionFreightsMember" name="DistributionFreightsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DepreciationAmortizationAndDepletionMember" name="DepreciationAmortizationAndDepletionMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OthersOneMember" name="OthersOneMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IronOreMember" name="IronOreMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LeaseAgreementMember" name="LeaseAgreementMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LogisticsMember" name="LogisticsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PortMember" name="PortMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RailroadsMember" name="RailroadsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EnergyMember" name="EnergyMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MineriosNacionalMember" name="MineriosNacionalMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PostEmploymentHealthcareBenefitsMember" name="PostEmploymentHealthcareBenefitsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember" name="PlanCoveringThirtyFivePercentOfTheAverageSalaryMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MaleMember" name="MaleMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FemaleMember" name="FemaleMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AverageSalarySupplementationPlanMember" name="AverageSalarySupplementationPlanMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MixedSupplementaryBenefitPlanMember" name="MixedSupplementaryBenefitPlanMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_VariableIncomeMember" name="VariableIncomeMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FixedIncomeMember" name="FixedIncomeMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RealEstatesMember" name="RealEstatesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OthersPlanAssetsMember" name="OthersPlanAssetsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PossibleIncreaseInActuarialAssumptionMember" name="PossibleIncreaseInActuarialAssumptionMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PossibleDecreaseInActuarialAssumptionMember" name="PossibleDecreaseInActuarialAssumptionMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_HealthcarePlanMember" name="HealthcarePlanMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ActuarialAssumptionOfMedicalInflationMember" name="ActuarialAssumptionOfMedicalInflationMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ActuarialAssumptionOfMortalityTableMember" name="ActuarialAssumptionOfMortalityTableMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember" name="TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember" name="SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember" name="ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember" name="ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OilStorageAndHandlingMember" name="OilStorageAndHandlingMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LaborAndConsultancyServicesMember" name="LaborAndConsultancyServicesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LaterThanFourYearsMember" name="LaterThanFourYearsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNIslandsVIICorpMember" name="CSNIslandsVIICorpMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNIslandsXIICorpMember" name="CSNIslandsXIICorpMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNSteelSLUMember" name="CSNSteelSLUMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TdBBSAMember" name="TdBBSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SepetibaTeconSAMember" name="SepetibaTeconSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CompanhiaFlorestaldoBrasilMember" name="CompanhiaFlorestaldoBrasilMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EstanhoDeRondoniaSAMember" name="EstanhoDeRondoniaSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CompanhiaMetalurgicaPradaMember" name="CompanhiaMetalurgicaPradaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNEnergiaSAMember" name="CSNEnergiaSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FTLFerroviaTransnordestinaLogisticaSAMember" name="FTLFerroviaTransnordestinaLogisticaSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NordesteLogisticaSAMember" name="NordesteLogisticaSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNInovaLtdMember" name="CSNInovaLtdMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNEquipamentosSAMember" name="CSNEquipamentosSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember" name="CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNCimentosSAMember" name="CSNCimentosSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LusosiderProjectosSiderurgicosSAMember" name="LusosiderProjectosSiderurgicosSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LusosiderAcosPlanosSAMember" name="LusosiderAcosPlanosSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNResourcesSAMember" name="CSNResourcesSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CompanhiaBrasileiraDeLatasMember" name="CompanhiaBrasileiraDeLatasMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CompanhiaDeEmbalagensMetalicasMMSAMember" name="CompanhiaDeEmbalagensMetalicasMMSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CompanhiaDeEmbalagensMetalicasMTMMember" name="CompanhiaDeEmbalagensMetalicasMTMMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNSteelHoldings1SLUMember" name="CSNSteelHoldings1SLUMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNProductosSiderurgicosSLMember" name="CSNProductosSiderurgicosSLMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_StalhwerkThuringenGmbHMember" name="StalhwerkThuringenGmbHMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNSteelSectionsUKLimitedMember" name="CSNSteelSectionsUKLimitedMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNSteelSectionsPolskaSpZooMember" name="CSNSteelSectionsPolskaSpZooMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNMiningHoldingSLMember" name="CSNMiningHoldingSLMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNMiningGmbHMember" name="CSNMiningGmbHMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNMiningAsiaLimitedMember" name="CSNMiningAsiaLimitedMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LusosiderIbericaSAMember" name="LusosiderIbericaSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSMiningPortugalUnipessoalLdaMember" name="CSMiningPortugalUnipessoalLdaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CompanhiaSiderurgicaNacionalLLCMember" name="CompanhiaSiderurgicaNacionalLLCMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSNCimentosSA1Member" name="CSNCimentosSA1Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ItaEnergeticaSAMember" name="ItaEnergeticaSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember" name="ConsorcioDaUsinaHidreletricaDeIgarapavaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MRSLogisticaSAMember" name="MRSLogisticaSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AcerosDelOrinocoSAMember" name="AcerosDelOrinocoSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EquimacSAMember" name="EquimacSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ArvediMetalferDoBrasilSAMember" name="ArvediMetalferDoBrasilSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember" name="DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember" name="CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember" name="VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MRSLogisticaSA1Member" name="MRSLogisticaSA1Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FairValueMRSLogisticaSAMember" name="FairValueMRSLogisticaSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember" name="CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FairValueTransnordestinaMember" name="FairValueTransnordestinaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_JointVentureAndJointOperationMember" name="JointVentureAndJointOperationMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PanatlanticaMember" name="PanatlanticaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ClassifiedAtFairValueThroughProfitOrLossMember" name="ClassifiedAtFairValueThroughProfitOrLossMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EliminationsMember" name="EliminationsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherInvestmentMember" name="OtherInvestmentMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TotalOtherInvestmentMember" name="TotalOtherInvestmentMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TotalInvestmentsInAffillatedCompaniesMember" name="TotalInvestmentsInAffillatedCompaniesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TotalEquityInResultsOfaffillatedCompaniesMember" name="TotalEquityInResultsOfaffillatedCompaniesMember" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_InvestmentsPropertiesMember" name="InvestmentsPropertiesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TotalInvestmentsMember" name="TotalInvestmentsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ItaEnergeticaMember" name="ItaEnergeticaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CBSIMember" name="CBSIMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CashFlowProjectionOneMember" name="CashFlowProjectionOneMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CashFlowProjectionTwoMember" name="CashFlowProjectionTwoMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CashFlowProjectionThreeMember" name="CashFlowProjectionThreeMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CashFlowProjectiFourMember" name="CashFlowProjectiFourMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PaidInCapitalMember" name="PaidInCapitalMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FtlFerroviaTransnordestionaLogisticAsaMember" name="FtlFerroviaTransnordestionaLogisticAsaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MRSMember" name="MRSMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember" name="COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ENGIEBrasilEnergiaSAMember" name="ENGIEBrasilEnergiaSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ConsorcioDaUsinaHidreletricaDeIgarapavaaMember" name="ConsorcioDaUsinaHidreletricaDeIgarapavaaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ConsorcioDaUsinHidreletricaDeIgarapavaMember" name="ConsorcioDaUsinHidreletricaDeIgarapavaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ClassBPreferredSharesMember" name="ClassBPreferredSharesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PANATLANTICASAMember" name="PANATLANTICASAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_USINASSIDERURGICASDEMINASGERAISSAMember" name="USINASSIDERURGICASDEMINASGERAISSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CommonSharesMember" name="CommonSharesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PreferredSharesMember" name="PreferredSharesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DefinedBenefitPlanMember" name="DefinedBenefitPlanMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_UsinaSsiderurgicasDeMinaGeraissaMember" name="UsinaSsiderurgicasDeMinaGeraissaMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TransLogisticaSAMember" name="TransLogisticaSAMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NationalCurrencyMember" name="NationalCurrencyMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_Derivatives1Member" name="Derivatives1Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_InvestmentProperty1Member" name="InvestmentProperty1Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CurrencyRisk1Member" name="CurrencyRisk1Member" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NonDerivativeFinancialLiabilitiesMember" name="NonDerivativeFinancialLiabilitiesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExportPrepaymentContractsMember" name="ExportPrepaymentContractsMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NCEMember" name="NCEMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DebenturesMember" name="DebenturesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CurrentTradePayablesMember" name="CurrentTradePayablesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NonCurrentTradePayablesMember" name="NonCurrentTradePayablesMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MVRMember" name="MVRMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NewAgreementMember" name="NewAgreementMember" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TransnordestinaLogisticaSA1Member" name="TransnordestinaLogisticaSA1Member" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EquimacSA1Member" name="EquimacSA1Member" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LongtermAssets" name="LongtermAssets" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdjustmentsForChangesInAssetsAndLiabilitiesAbstract" name="AdjustmentsForChangesInAssetsAndLiabilitiesAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AjustedOpeningBalancesEquity" name="AjustedOpeningBalancesEquity" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DescriptionOfBusinessAbstract" name="DescriptionOfBusinessAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ImapctsOfCovid19Abstract" name="ImapctsOfCovid19Abstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CashAndCashEquivalentAbstract" name="CashAndCashEquivalentAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DisclosureOfFinancialInvestmentsAbstract" name="DisclosureOfFinancialInvestmentsAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_InventoriesAbstract" name="InventoriesAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RecoverableTaxesAbstract" name="RecoverableTaxesAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherCurrentAndNoncurrentAssetsAbstract" name="OtherCurrentAndNoncurrentAssetsAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" name="BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BorrowingsAndFinancingAbstract" name="BorrowingsAndFinancingAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherPayablesAbstract" name="OtherPayablesAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TradePayablesAbstract" name="TradePayablesAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IncomeTaxAndSocialContributionAbstract" name="IncomeTaxAndSocialContributionAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TaxesInInstallmentsAbstract" name="TaxesInInstallmentsAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" name="ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract" name="ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ShareholdersCompensationAbstract" name="ShareholdersCompensationAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NetRevenueFromSalesAbstract" name="NetRevenueFromSalesAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherOperatingInconeAndExpensesAbstarct" name="OtherOperatingInconeAndExpensesAbstarct" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DisclosureOfFinancialIncomeExpensesAbstract" name="DisclosureOfFinancialIncomeExpensesAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DisclosureOfCommitmentsAbstract" name="DisclosureOfCommitmentsAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AdditionalInformationToCashFlowsAbstract" name="AdditionalInformationToCashFlowsAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfChangesInNetInvestmentHedgeTableTextBlock" name="SummaryOfChangesInNetInvestmentHedgeTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfLeaseLiabilitiesTableTextBlock" name="ScheduleOfLeaseLiabilitiesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfOperatingLeaseCommitments" name="ScheduleOfOperatingLeaseCommitments" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfAverageRatesUsedMeasureLeaseTableTextBlock" name="ScheduleOfAverageRatesUsedMeasureLeaseTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfChangesInLeaseLiabilitiesTableTextBlock" name="ScheduleOfChangesInLeaseLiabilitiesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfMinimumFuturePaymentsTableTextBlock" name="ScheduleOfMinimumFuturePaymentsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfPisAndCofinsRecoverableTableTextBlock" name="ScheduleOfPisAndCofinsRecoverableTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfExpensesRelatedToPaymentsTableTextBlock" name="ScheduleOfExpensesRelatedToPaymentsTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyAssetsAndLiabilitiesTableTextBlock" name="SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyAssetsAndLiabilitiesTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyStatementOfIncomeTableTextBlock" name="SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyStatementOfIncomeTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfDistributionsOfDividendsAndInterestTableTextBlock" name="ScheduleOfDistributionsOfDividendsAndInterestTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ScheduleOfDividendsAndInterestOnEquityTableTextBlock" name="ScheduleOfDividendsAndInterestOnEquityTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SummaryOfSegmentEbitdaAndAdjustedEbitdaTableTextBlock" name="SummaryOfSegmentEbitdaAndAdjustedEbitdaTableTextBlock" nillable="true" xbrli:periodType="duration" type="nonnum:textBlockItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DescriptionOfBusinessTable" name="DescriptionOfBusinessTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_DescriptionOfBusinessLineItems" name="DescriptionOfBusinessLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CashAndCashEquivalentTable" name="CashAndCashEquivalentTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_CashAndCashEquivalentLineItems" name="CashAndCashEquivalentLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DisclosureOfFinancialInvestmentsTable" name="DisclosureOfFinancialInvestmentsTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_DisclosureOfFinancialInvestmentsLineItems" name="DisclosureOfFinancialInvestmentsLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TradeAndOtherReceivablesTable" name="TradeAndOtherReceivablesTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_TradeAndOtherReceivablesLineItems" name="TradeAndOtherReceivablesLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_InventoriesTable" name="InventoriesTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_InventoriesLineItems" name="InventoriesLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RecoverableTaxesTable" name="RecoverableTaxesTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_RecoverableTaxesLineItems" name="RecoverableTaxesLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherCurrentAndNonCurrentAssetsTable" name="OtherCurrentAndNonCurrentAssetsTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_OtherCurrentAndNonCurrentAssetsLineItems" name="OtherCurrentAndNonCurrentAssetsLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" name="BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" name="BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_EliminationsAbstract" name="EliminationsAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OthersAbstract" name="OthersAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_MeasurementOfRecoverableValueAxis" name="MeasurementOfRecoverableValueAxis" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" />
    <element id="sid_MeasurementOfRecoverableValueDomain" name="MeasurementOfRecoverableValueDomain" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_LegalEntityOneAxis" name="LegalEntityOneAxis" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" />
    <element id="sid_LegalEntityOneDomain" name="LegalEntityOneDomain" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_BorrowingsAndFinancingTable" name="BorrowingsAndFinancingTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_BorrowingsAndFinancingLineItems" name="BorrowingsAndFinancingLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TypeOfFunctionalCurrencyAxis" name="TypeOfFunctionalCurrencyAxis" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" />
    <element id="sid_TypeOfFunctionalCurrencyDomain" name="TypeOfFunctionalCurrencyDomain" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PerpetualBonds" name="PerpetualBonds" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CreditExposureExcludingPerpetualBonds" name="CreditExposureExcludingPerpetualBonds" nillable="true" xbrli:periodType="instant" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_VariableInterestRateAxis" name="VariableInterestRateAxis" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" />
    <element id="sid_VariableInterestRateDomain" name="VariableInterestRateDomain" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherPayablesTable" name="OtherPayablesTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_OtherPayablesLineItems" name="OtherPayablesLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CurrencyAxisSignificantInvestmentsInSubsidiariesAxis" name="CurrencyAxisSignificantInvestmentsInSubsidiariesAxis" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" />
    <element id="sid_CurrencyAxisSignificantInvestmentsInSubsidiariesDomain" name="CurrencyAxisSignificantInvestmentsInSubsidiariesDomain" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SupplyOfContract" name="SupplyOfContract" nillable="true" xbrli:periodType="duration" type="xbrli:integerItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PresentationOfLeasesForLesseeTable" name="PresentationOfLeasesForLesseeTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_PresentationOfLeasesForLesseeLineItems" name="PresentationOfLeasesForLesseeLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RateAxis" name="RateAxis" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" />
    <element id="sid_RateDomain" name="RateDomain" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TradePayablesTable" name="TradePayablesTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_TradePayablesLineItems" name="TradePayablesLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IncomeTaxAndSocialContributionTable" name="IncomeTaxAndSocialContributionTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_IncomeTaxAndSocialContributionLineItems" name="IncomeTaxAndSocialContributionLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_IncomeTaxAndSocialContributionAxis" name="IncomeTaxAndSocialContributionAxis" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" />
    <element id="sid_IncomeTaxAndSocialContributionDomain" name="IncomeTaxAndSocialContributionDomain" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DeferredTaxAssetLiabilityAxis" name="DeferredTaxAssetLiabilityAxis" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" />
    <element id="sid_DeferredTaxAssetLiabilityDomain" name="DeferredTaxAssetLiabilityDomain" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_TaxesInInstallmentsTable" name="TaxesInInstallmentsTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_TaxesInInstallmentsLineItems" name="TaxesInInstallmentsLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" name="ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" name="ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" name="ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" name="ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FinancialIncomeExpensesAbstract" name="FinancialIncomeExpensesAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CategoriesOfOtherRelatedPartiesAxis" name="CategoriesOfOtherRelatedPartiesAxis" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" />
    <element id="sid_CategoriesOfOtherRelatedPartiesDomain" name="CategoriesOfOtherRelatedPartiesDomain" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ProposedDestinationAbtract" name="ProposedDestinationAbtract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_CurrentLiabilitiesOnEquityAbtract" name="CurrentLiabilitiesOnEquityAbtract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_NetRevenueFromSalesTable" name="NetRevenueFromSalesTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_NetRevenueFromSalesLineItems" name="NetRevenueFromSalesLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DeductionsAbstract" name="DeductionsAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExpenseByNatureTable" name="ExpenseByNatureTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_ExpenseByNatureLineItems" name="ExpenseByNatureLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExpensesByNatureAxis" name="ExpensesByNatureAxis" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" />
    <element id="sid_ExpensesByNatureDomain" name="ExpensesByNatureDomain" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ExpenseByNatureAxis" name="ExpenseByNatureAxis" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" />
    <element id="sid_ExpenseByNatureDomain" name="ExpenseByNatureDomain" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherOperatingIncomeAbstract" name="OtherOperatingIncomeAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OtherOperatingExpenseAbstract" name="OtherOperatingExpenseAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FinanceIncomeAbstract" name="FinanceIncomeAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_FinanceCostsAbstract" name="FinanceCostsAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_OthersFinancialItemsNetAbstract" name="OthersFinancialItemsNetAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_StatementOfGainsAndLossesOnDerivativeTransactionsAbstract" name="StatementOfGainsAndLossesOnDerivativeTransactionsAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_Subsegments1Axis" name="Subsegments1Axis" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" />
    <element id="sid_Subsegments1Domain" name="Subsegments1Domain" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PresentValueOfObligationAbstract" name="PresentValueOfObligationAbstract" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_RecognisedGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" name="RecognisedGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ActuarialLossesAndGainsUnrecognizedInOtherComprehensiveIncome" name="ActuarialLossesAndGainsUnrecognizedInOtherComprehensiveIncome" nillable="true" xbrli:periodType="duration" xbrli:balance="credit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_ParticipantsAxis" name="ParticipantsAxis" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" />
    <element id="sid_ParticipantsDomain" name="ParticipantsDomain" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis" name="DefinedBenefitPlanByPlanAssetsCategoriesAxis" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" />
    <element id="sid_DefinedBenefitPlanByPlanAssetsCategoriesDomain" name="DefinedBenefitPlanByPlanAssetsCategoriesDomain" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PossibleActuarialAssumptionAxis" name="PossibleActuarialAssumptionAxis" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" />
    <element id="sid_PossibleActuarialAssumptionDomain" name="PossibleActuarialAssumptionDomain" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_AverageMedicalCost" name="AverageMedicalCost" nillable="true" xbrli:periodType="duration" xbrli:balance="debit" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" />
    <element id="sid_PercentageOfBenefitReceivingInCash" name="PercentageOfBenefitReceivingInCash" nillable="true" xbrli:periodType="duration" type="xbrli:pureItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DisclosureOfCommitmentsTable" name="DisclosureOfCommitmentsTable" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:hypercubeItem" />
    <element id="sid_DisclosureOfCommitmentsLineItems" name="DisclosureOfCommitmentsLineItems" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
    <element id="sid_SubsidiarySalesOfStockAxis" name="SubsidiarySalesOfStockAxis" abstract="true" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrldt:dimensionItem" />
    <element id="sid_SubsidiarySalesOfStockDomain" name="SubsidiarySalesOfStockDomain" abstract="true" nillable="true" xbrli:periodType="duration" type="nonnum:domainItemType" substitutionGroup="xbrli:item" />
    <element id="sid_DescriptionOfDebtReprofiling" name="DescriptionOfDebtReprofiling" nillable="true" xbrli:periodType="duration" type="xbrli:stringItemType" substitutionGroup="xbrli:item" />
</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>16
<FILENAME>sid-20201231_cal.xml
<DESCRIPTION>XBRL CALCULATION FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.7a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Source; Value: sid%2D20201231.xfr; Date: 2021%2D04%2D13T00:43:13Z -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x80240023 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef roleURI="http://csn.com.br/role/Cover" xlink:href="sid-20201231.xsd#Cover" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BalanceSheets" xlink:href="sid-20201231.xsd#BalanceSheets" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/StatementsOfIncome" xlink:href="sid-20201231.xsd#StatementsOfIncome" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/StatementsOfComprehensiveIncome" xlink:href="sid-20201231.xsd#StatementsOfComprehensiveIncome" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/StatementsOfCashFlows" xlink:href="sid-20201231.xsd#StatementsOfCashFlows" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/StatementOfChangesInShareholdersEquity" xlink:href="sid-20201231.xsd#StatementOfChangesInShareholdersEquity" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/DescriptionOfBusiness" xlink:href="sid-20201231.xsd#DescriptionOfBusiness" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SummaryOfSignificantAccountingPolicies" xlink:href="sid-20201231.xsd#SummaryOfSignificantAccountingPolicies" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ImpactsOfCovid-19" xlink:href="sid-20201231.xsd#ImpactsOfCovid-19" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/CashAndCashEquivalents" xlink:href="sid-20201231.xsd#CashAndCashEquivalents" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInvestments" xlink:href="sid-20201231.xsd#FinancialInvestments" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradeReceivables" xlink:href="sid-20201231.xsd#TradeReceivables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Inventories" xlink:href="sid-20201231.xsd#Inventories" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/RecoverableTaxes" xlink:href="sid-20201231.xsd#RecoverableTaxes" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherCurrentAndNon-currentAssets" xlink:href="sid-20201231.xsd#OtherCurrentAndNon-currentAssets" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliates" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliates" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/PropertyPlantAndEquipment" xlink:href="sid-20201231.xsd#PropertyPlantAndEquipment" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssets" xlink:href="sid-20201231.xsd#IntangibleAssets" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancing" xlink:href="sid-20201231.xsd#BorrowingsAndFinancing" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstruments" xlink:href="sid-20201231.xsd#FinancialInstruments" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherPayables" xlink:href="sid-20201231.xsd#OtherPayables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Leases" xlink:href="sid-20201231.xsd#Leases" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradePayables" xlink:href="sid-20201231.xsd#TradePayables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributions" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributions" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TaxesInInstallments" xlink:href="sid-20201231.xsd#TaxesInInstallments" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDeposits" xlink:href="sid-20201231.xsd#ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDeposits" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligations" xlink:href="sid-20201231.xsd#ProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligations" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactions" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactions" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquity" xlink:href="sid-20201231.xsd#ShareholdersEquity" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersCompensation" xlink:href="sid-20201231.xsd#ShareholdersCompensation" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/NetRevenueFromSales" xlink:href="sid-20201231.xsd#NetRevenueFromSales" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ExpensesByNature" xlink:href="sid-20201231.xsd#ExpensesByNature" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherOperatingIncomeAndExpenses" xlink:href="sid-20201231.xsd#OtherOperatingIncomeAndExpenses" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialIncomeExpenses" xlink:href="sid-20201231.xsd#FinancialIncomeExpenses" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SegmentInformation" xlink:href="sid-20201231.xsd#SegmentInformation" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefits" xlink:href="sid-20201231.xsd#EmployeeBenefits" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Commitments" xlink:href="sid-20201231.xsd#Commitments" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Insurance" xlink:href="sid-20201231.xsd#Insurance" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/AdditionalInformationToCashFlows" xlink:href="sid-20201231.xsd#AdditionalInformationToCashFlows" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SubsequentEvents" xlink:href="sid-20201231.xsd#SubsequentEvents" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SummaryOfSignificantAccountingPoliciesPolicies" xlink:href="sid-20201231.xsd#SummaryOfSignificantAccountingPoliciesPolicies" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/CashAndCashEquivalentsTables" xlink:href="sid-20201231.xsd#CashAndCashEquivalentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInvestmentsTables" xlink:href="sid-20201231.xsd#FinancialInvestmentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradeReceivablesTables" xlink:href="sid-20201231.xsd#TradeReceivablesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/InventoriesTables" xlink:href="sid-20201231.xsd#InventoriesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/RecoverableTaxesTables" xlink:href="sid-20201231.xsd#RecoverableTaxesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsTables" xlink:href="sid-20201231.xsd#OtherCurrentAndNon-currentAssetsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentTables" xlink:href="sid-20201231.xsd#PropertyPlantAndEquipmentTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssetsTables" xlink:href="sid-20201231.xsd#IntangibleAssetsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingTables" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsTables" xlink:href="sid-20201231.xsd#FinancialInstrumentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherPayablesTables" xlink:href="sid-20201231.xsd#OtherPayablesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesTables" xlink:href="sid-20201231.xsd#LeasesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradePayablesTables" xlink:href="sid-20201231.xsd#TradePayablesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionsTables" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TaxesInInstallmentsTables" xlink:href="sid-20201231.xsd#TaxesInInstallmentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTables" xlink:href="sid-20201231.xsd#ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsTables" xlink:href="sid-20201231.xsd#ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsTables" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactionsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquityTables" xlink:href="sid-20201231.xsd#ShareholdersEquityTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersCompensationTables" xlink:href="sid-20201231.xsd#ShareholdersCompensationTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/NetRevenueFromSalesTables" xlink:href="sid-20201231.xsd#NetRevenueFromSalesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ExpensesByNatureTables" xlink:href="sid-20201231.xsd#ExpensesByNatureTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherOperatingIncomeAndExpensesTables" xlink:href="sid-20201231.xsd#OtherOperatingIncomeAndExpensesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialIncomeExpensesTables" xlink:href="sid-20201231.xsd#FinancialIncomeExpensesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SegmentInformationTables" xlink:href="sid-20201231.xsd#SegmentInformationTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsTables" xlink:href="sid-20201231.xsd#EmployeeBenefitsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/CommitmentsTables" xlink:href="sid-20201231.xsd#CommitmentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/AdditionalInformationToCashFlowsTables" xlink:href="sid-20201231.xsd#AdditionalInformationToCashFlowsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/DescriptionOfBusinessDetailsNarrative" xlink:href="sid-20201231.xsd#DescriptionOfBusinessDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" xlink:href="sid-20201231.xsd#SummaryOfSignificantAccountingPoliciesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ImpactsOfCovid-19DetailsNarrative" xlink:href="sid-20201231.xsd#ImpactsOfCovid-19DetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/CashAndCashEquivalentsDetails" xlink:href="sid-20201231.xsd#CashAndCashEquivalentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInvestmentsDetails" xlink:href="sid-20201231.xsd#FinancialInvestmentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradeReceivablesDetails" xlink:href="sid-20201231.xsd#TradeReceivablesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradeReceivablesDetails1" xlink:href="sid-20201231.xsd#TradeReceivablesDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradeReceivablesDetails2" xlink:href="sid-20201231.xsd#TradeReceivablesDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/InventoriesDetails" xlink:href="sid-20201231.xsd#InventoriesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/InventoriesDetails1" xlink:href="sid-20201231.xsd#InventoriesDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/RecoverableTaxesDetails" xlink:href="sid-20201231.xsd#RecoverableTaxesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsDetails" xlink:href="sid-20201231.xsd#OtherCurrentAndNon-currentAssetsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsDetailsNarrative" xlink:href="sid-20201231.xsd#OtherCurrentAndNon-currentAssetsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails1" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails2" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails3" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails4" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails4" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails5" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails5" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails6" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails6" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails7" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails7" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetailsNarrative" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentDetails" xlink:href="sid-20201231.xsd#PropertyPlantAndEquipmentDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentDetails1" xlink:href="sid-20201231.xsd#PropertyPlantAndEquipmentDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentDetails2" xlink:href="sid-20201231.xsd#PropertyPlantAndEquipmentDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentDetailsNarrative" xlink:href="sid-20201231.xsd#PropertyPlantAndEquipmentDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssetsDetails" xlink:href="sid-20201231.xsd#IntangibleAssetsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssetsDetails1" xlink:href="sid-20201231.xsd#IntangibleAssetsDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssetsDetails2" xlink:href="sid-20201231.xsd#IntangibleAssetsDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssetsDetails3" xlink:href="sid-20201231.xsd#IntangibleAssetsDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssetsDetailsNarrative" xlink:href="sid-20201231.xsd#IntangibleAssetsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails1" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails2" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails3" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails4" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingDetails4" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetailsNarrative" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails1" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails2" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails3" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails4" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails4" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails5" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails5" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails6" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails6" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails7" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails7" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails8" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails8" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails9" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails9" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails10" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails10" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails11" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails11" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails12" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails12" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails13" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails13" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails14" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails14" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails15" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails15" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails16" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails16" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails17" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails17" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails18" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails18" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails19" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails19" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetailsNarrative" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherPayablesDetails" xlink:href="sid-20201231.xsd#OtherPayablesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherPayablesDetailsNarrative" xlink:href="sid-20201231.xsd#OtherPayablesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetails" xlink:href="sid-20201231.xsd#LeasesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetails1" xlink:href="sid-20201231.xsd#LeasesDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetails2" xlink:href="sid-20201231.xsd#LeasesDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetails3" xlink:href="sid-20201231.xsd#LeasesDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetails4" xlink:href="sid-20201231.xsd#LeasesDetails4" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetails5" xlink:href="sid-20201231.xsd#LeasesDetails5" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetailsNarrative" xlink:href="sid-20201231.xsd#LeasesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradePayablesDetails" xlink:href="sid-20201231.xsd#TradePayablesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails1" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails2" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails3" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails4" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetails4" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails5" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetails5" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetailsNarrative" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TaxesInInstallmentsDetails" xlink:href="sid-20201231.xsd#TaxesInInstallmentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails" xlink:href="sid-20201231.xsd#ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails1" xlink:href="sid-20201231.xsd#ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails2" xlink:href="sid-20201231.xsd#ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetailsNarrative" xlink:href="sid-20201231.xsd#ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetails" xlink:href="sid-20201231.xsd#ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetailsNarrative" xlink:href="sid-20201231.xsd#ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactionsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails1" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactionsDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails2" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactionsDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails3" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactionsDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetailsNarrative" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactionsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquityDetails" xlink:href="sid-20201231.xsd#ShareholdersEquityDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquityDetails1" xlink:href="sid-20201231.xsd#ShareholdersEquityDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquityDetails2" xlink:href="sid-20201231.xsd#ShareholdersEquityDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquityDetails3" xlink:href="sid-20201231.xsd#ShareholdersEquityDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquityDetailsNarrative" xlink:href="sid-20201231.xsd#ShareholdersEquityDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersCompensationDetails" xlink:href="sid-20201231.xsd#ShareholdersCompensationDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersCompensationDetailsNarrative" xlink:href="sid-20201231.xsd#ShareholdersCompensationDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/NetRevenueFromSalesDetails" xlink:href="sid-20201231.xsd#NetRevenueFromSalesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/NetRevenueFromSalesDetailsNarrative" xlink:href="sid-20201231.xsd#NetRevenueFromSalesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ExpensesByNatureDetails" xlink:href="sid-20201231.xsd#ExpensesByNatureDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ExpensesByNatureDetails1" xlink:href="sid-20201231.xsd#ExpensesByNatureDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ExpensesByNatureDetailsNarrative" xlink:href="sid-20201231.xsd#ExpensesByNatureDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherOperatingIncomeAndExpensesDetails" xlink:href="sid-20201231.xsd#OtherOperatingIncomeAndExpensesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherOperatingIncomeAndExpensesDetailsNarrative" xlink:href="sid-20201231.xsd#OtherOperatingIncomeAndExpensesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialIncomeExpensesDetails" xlink:href="sid-20201231.xsd#FinancialIncomeExpensesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialIncomeExpensesDetailsNarrative" xlink:href="sid-20201231.xsd#FinancialIncomeExpensesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SegmentInformationDetails" xlink:href="sid-20201231.xsd#SegmentInformationDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SegmentInformationDetailsNarrative" xlink:href="sid-20201231.xsd#SegmentInformationDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails1" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails2" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails3" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails4" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails4" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails5" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails5" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails6" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails6" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails7" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails7" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails8" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails8" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails9" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails9" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails10" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails10" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails11" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails11" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails12" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails12" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails13" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails13" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails14" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails14" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails15" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails15" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails16" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails16" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails17" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails17" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails18" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails18" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetailsNarrative" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/CommitmentsDetails" xlink:href="sid-20201231.xsd#CommitmentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/CommitmentsDetailsNarrative" xlink:href="sid-20201231.xsd#CommitmentsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/InsuranceDetailsNarrative" xlink:href="sid-20201231.xsd#InsuranceDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/AdditionalInformationToCashFlowsDetails" xlink:href="sid-20201231.xsd#AdditionalInformationToCashFlowsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SubsequentEventsDetailsNarrative" xlink:href="sid-20201231.xsd#SubsequentEventsDetailsNarrative" xlink:type="simple" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Cover" xlink:title="00000001 - Document - Cover" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BalanceSheets" xlink:title="00000002 - Statement - Consolidated Balance Sheets">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAssets" xlink:label="loc_ifrs-fullCurrentAssets" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="loc_ifrs-fullCashAndCashEquivalents" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentAssets" xlink:to="loc_ifrs-fullCashAndCashEquivalents" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentInvestments" xlink:label="loc_ifrs-fullCurrentInvestments" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentAssets" xlink:to="loc_ifrs-fullCurrentInvestments" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherCurrentReceivables" xlink:label="loc_ifrs-fullTradeAndOtherCurrentReceivables" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentAssets" xlink:to="loc_ifrs-fullTradeAndOtherCurrentReceivables" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Inventories" xlink:label="loc_ifrs-fullInventories" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentAssets" xlink:to="loc_ifrs-fullInventories" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="loc_ifrs-fullCurrentReceivablesFromTaxesOtherThanIncomeTax" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentAssets" xlink:to="loc_ifrs-fullCurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentAssets" xlink:label="loc_ifrs-fullOtherCurrentAssets" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentAssets" xlink:to="loc_ifrs-fullOtherCurrentAssets" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LongtermReceivables" xlink:label="loc_sidLongtermReceivables" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentDerivativeFinancialAssets" xlink:label="loc_ifrs-fullCurrentDerivativeFinancialAssets" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidLongtermReceivables" xlink:to="loc_ifrs-fullCurrentDerivativeFinancialAssets" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxAssets" xlink:label="loc_ifrs-fullDeferredTaxAssets" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidLongtermReceivables" xlink:to="loc_ifrs-fullDeferredTaxAssets" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentInventories" xlink:label="loc_ifrs-fullNoncurrentInventories" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidLongtermReceivables" xlink:to="loc_ifrs-fullNoncurrentInventories" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="loc_ifrs-fullNoncurrentReceivablesFromTaxesOtherThanIncomeTax" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidLongtermReceivables" xlink:to="loc_ifrs-fullNoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentAssets" xlink:label="loc_ifrs-fullOtherNoncurrentAssets" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidLongtermReceivables" xlink:to="loc_ifrs-fullOtherNoncurrentAssets" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentAssets" xlink:label="loc_ifrs-fullNoncurrentAssets" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:label="loc_ifrs-fullInvestmentsInSubsidiariesJointVenturesAndAssociates" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentAssets" xlink:to="loc_ifrs-fullInvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipment" xlink:label="loc_ifrs-fullPropertyPlantAndEquipment" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentAssets" xlink:to="loc_ifrs-fullPropertyPlantAndEquipment" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IntangibleAssetsAndGoodwill" xlink:label="loc_ifrs-fullIntangibleAssetsAndGoodwill" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentAssets" xlink:to="loc_ifrs-fullIntangibleAssetsAndGoodwill" xlink:type="arc" weight="1" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentAssets" xlink:to="loc_sidLongtermReceivables" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Assets" xlink:label="loc_ifrs-fullAssets" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullAssets" xlink:to="loc_ifrs-fullCurrentAssets" xlink:type="arc" weight="1" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullAssets" xlink:to="loc_ifrs-fullNoncurrentAssets" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLiabilities" xlink:label="loc_ifrs-fullCurrentLiabilities" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShorttermBorrowings" xlink:label="loc_ifrs-fullShorttermBorrowings" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentLiabilities" xlink:to="loc_ifrs-fullShorttermBorrowings" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentProvisionsForEmployeeBenefits" xlink:label="loc_ifrs-fullCurrentProvisionsForEmployeeBenefits" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentLiabilities" xlink:to="loc_ifrs-fullCurrentProvisionsForEmployeeBenefits" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:label="loc_ifrs-fullTradeAndOtherCurrentPayablesToTradeSuppliers" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentLiabilities" xlink:to="loc_ifrs-fullTradeAndOtherCurrentPayablesToTradeSuppliers" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:label="loc_ifrs-fullCurrentTaxLiabilitiesCurrent" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentLiabilities" xlink:to="loc_ifrs-fullCurrentTaxLiabilitiesCurrent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionsForTaxSocialSecurityLaborAndCivilRisks" xlink:label="loc_sidProvisionsForTaxSocialSecurityLaborAndCivilRisks" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentLiabilities" xlink:to="loc_sidProvisionsForTaxSocialSecurityLaborAndCivilRisks" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties" xlink:label="loc_ifrs-fullTradeAndOtherCurrentPayablesToRelatedParties" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentLiabilities" xlink:to="loc_ifrs-fullTradeAndOtherCurrentPayablesToRelatedParties" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentDividendPayables" xlink:label="loc_ifrs-fullCurrentDividendPayables" />
      <link:calculationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentLiabilities" xlink:to="loc_ifrs-fullCurrentDividendPayables" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentPayables" xlink:label="loc_ifrs-fullOtherCurrentPayables" />
      <link:calculationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCurrentLiabilities" xlink:to="loc_ifrs-fullOtherCurrentPayables" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLiabilities" xlink:label="loc_ifrs-fullNoncurrentLiabilities" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LongtermBorrowings" xlink:label="loc_ifrs-fullLongtermBorrowings" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentLiabilities" xlink:to="loc_ifrs-fullLongtermBorrowings" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentPayables" xlink:label="loc_ifrs-fullOtherNoncurrentPayables" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentLiabilities" xlink:to="loc_ifrs-fullOtherNoncurrentPayables" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxLiabilities" xlink:label="loc_ifrs-fullDeferredTaxLiabilities" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentLiabilities" xlink:to="loc_ifrs-fullDeferredTaxLiabilities" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentProvisions" xlink:label="loc_ifrs-fullNoncurrentProvisions" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentLiabilities" xlink:to="loc_ifrs-fullNoncurrentProvisions" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan" xlink:label="loc_ifrs-fullNoncurrentRecognisedLiabilitiesDefinedBenefitPlan" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentLiabilities" xlink:to="loc_ifrs-fullNoncurrentRecognisedLiabilitiesDefinedBenefitPlan" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherLongtermProvisions" xlink:label="loc_ifrs-fullOtherLongtermProvisions" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNoncurrentLiabilities" xlink:to="loc_ifrs-fullOtherLongtermProvisions" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAttributableToOwnersOfParent" xlink:label="loc_ifrs-fullEquityAttributableToOwnersOfParent" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdditionalPaidinCapital" xlink:label="loc_ifrs-fullAdditionalPaidinCapital" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullEquityAttributableToOwnersOfParent" xlink:to="loc_ifrs-fullAdditionalPaidinCapital" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CapitalReserve" xlink:label="loc_ifrs-fullCapitalReserve" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullEquityAttributableToOwnersOfParent" xlink:to="loc_ifrs-fullCapitalReserve" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherReserves" xlink:label="loc_ifrs-fullOtherReserves" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullEquityAttributableToOwnersOfParent" xlink:to="loc_ifrs-fullOtherReserves" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RetainedEarnings" xlink:label="loc_ifrs-fullRetainedEarnings" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullEquityAttributableToOwnersOfParent" xlink:to="loc_ifrs-fullRetainedEarnings" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TreasuryShares" xlink:label="loc_ifrs-fullTreasuryShares" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullEquityAttributableToOwnersOfParent" xlink:to="loc_ifrs-fullTreasuryShares" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:label="loc_ifrs-fullAccumulatedOtherComprehensiveIncome" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullEquityAttributableToOwnersOfParent" xlink:to="loc_ifrs-fullAccumulatedOtherComprehensiveIncome" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Equity" xlink:label="loc_ifrs-fullEquity" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullEquity" xlink:to="loc_ifrs-fullEquityAttributableToOwnersOfParent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncontrollingInterests" xlink:label="loc_ifrs-fullNoncontrollingInterests" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullEquity" xlink:to="loc_ifrs-fullNoncontrollingInterests" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAndLiabilities" xlink:label="loc_ifrs-fullEquityAndLiabilities" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullEquityAndLiabilities" xlink:to="loc_ifrs-fullCurrentLiabilities" xlink:type="arc" weight="1" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullEquityAndLiabilities" xlink:to="loc_ifrs-fullNoncurrentLiabilities" xlink:type="arc" weight="1" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullEquityAndLiabilities" xlink:to="loc_ifrs-fullEquity" xlink:type="arc" weight="1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/StatementsOfIncome" xlink:title="00000003 - Statement - Consolidated Statements of Income">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossProfit" xlink:label="loc_ifrs-fullGrossProfit" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Revenue" xlink:label="loc_ifrs-fullRevenue" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullGrossProfit" xlink:to="loc_ifrs-fullRevenue" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CostOfSales" xlink:label="loc_ifrs-fullCostOfSales" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullGrossProfit" xlink:to="loc_ifrs-fullCostOfSales" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossFromOperatingActivities" xlink:label="loc_ifrs-fullProfitLossFromOperatingActivities" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:to="loc_ifrs-fullGrossProfit" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SalesAndMarketingExpense" xlink:label="loc_ifrs-fullSalesAndMarketingExpense" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:to="loc_ifrs-fullSalesAndMarketingExpense" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdministrativeExpense" xlink:label="loc_ifrs-fullAdministrativeExpense" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:to="loc_ifrs-fullAdministrativeExpense" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:label="loc_ifrs-fullShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:to="loc_ifrs-fullShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiscellaneousOtherOperatingIncome" xlink:label="loc_ifrs-fullMiscellaneousOtherOperatingIncome" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:to="loc_ifrs-fullMiscellaneousOtherOperatingIncome" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiscellaneousOtherOperatingExpense" xlink:label="loc_ifrs-fullMiscellaneousOtherOperatingExpense" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:to="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="loc_ifrs-fullProfitLossBeforeTax" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossBeforeTax" xlink:to="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinanceIncome" xlink:label="loc_ifrs-fullFinanceIncome" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossBeforeTax" xlink:to="loc_ifrs-fullFinanceIncome" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinanceCosts" xlink:label="loc_ifrs-fullFinanceCosts" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLossBeforeTax" xlink:to="loc_ifrs-fullFinanceCosts" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="loc_ifrs-fullProfitLoss" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLoss" xlink:to="loc_ifrs-fullProfitLossBeforeTax" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="loc_ifrs-fullIncomeTaxExpenseContinuingOperations" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullProfitLoss" xlink:to="loc_ifrs-fullIncomeTaxExpenseContinuingOperations" xlink:type="arc" weight="-1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/StatementsOfComprehensiveIncome" xlink:title="00000004 - Statement - Consolidated Statements of Comprehensive Income">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:label="loc_ifrs-fullOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:label="loc_ifrs-fullOtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:to="loc_ifrs-fullOtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:label="loc_ifrs-fullOtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:to="loc_ifrs-fullOtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:label="loc_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:label="loc_ifrs-fullGainsLossesOnExchangeDifferencesOnTranslationNetOfTax" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="loc_ifrs-fullGainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax" xlink:label="loc_ifrs-fullGainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="loc_ifrs-fullGainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax" xlink:label="loc_ifrs-fullGainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="loc_ifrs-fullGainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LossGainOnBusinessCombination" xlink:label="loc_sidLossGainOnBusinessCombination" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="loc_sidLossGainOnBusinessCombination" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:label="loc_ifrs-fullGainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="loc_ifrs-fullGainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:label="loc_ifrs-fullGainsLossesOnCashFlowHedgesNetOfTax" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="loc_ifrs-fullGainsLossesOnCashFlowHedgesNetOfTax" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:label="loc_ifrs-fullReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" />
      <link:calculationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="loc_ifrs-fullReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes" xlink:label="loc_sidCashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes" />
      <link:calculationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="loc_sidCashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LossgainCashFlowHedgeAccountingPlatts" xlink:label="loc_sidLossgainCashFlowHedgeAccountingPlatts" />
      <link:calculationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="loc_sidLossgainCashFlowHedgeAccountingPlatts" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncome" xlink:label="loc_ifrs-fullOtherComprehensiveIncome" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullOtherComprehensiveIncome" xlink:to="loc_ifrs-fullOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:type="arc" weight="1" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullOtherComprehensiveIncome" xlink:to="loc_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComprehensiveIncome" xlink:label="loc_ifrs-fullComprehensiveIncome" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="loc_ifrs-fullProfitLoss" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullComprehensiveIncome" xlink:to="loc_ifrs-fullProfitLoss" xlink:type="arc" weight="1" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullComprehensiveIncome" xlink:to="loc_ifrs-fullOtherComprehensiveIncome" xlink:type="arc" weight="1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/StatementsOfCashFlows" xlink:title="00000005 - Statement - Consolidated Statements of Cash Flows">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:label="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:label="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInTradeAccountReceivable" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:to="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable" xlink:label="loc_sidAdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:to="loc_sidAdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:label="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInInventories" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:to="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInInventories" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" xlink:label="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:to="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeTaxesRefundClassifiedAsOperatingActivities" xlink:label="loc_ifrs-fullIncomeTaxesRefundClassifiedAsOperatingActivities" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:to="loc_ifrs-fullIncomeTaxesRefundClassifiedAsOperatingActivities" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks" xlink:label="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInDepositsFromBanks" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:to="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInDepositsFromBanks" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:label="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInTradeAccountPayable" />
      <link:calculationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:to="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" xlink:label="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" />
      <link:calculationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:to="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis" xlink:label="loc_sidAdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis" />
      <link:calculationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:to="loc_sidAdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables" xlink:label="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInOtherOperatingPayables" />
      <link:calculationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:to="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInOtherOperatingPayables" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:label="loc_ifrs-fullInterestPaidClassifiedAsOperatingActivities" />
      <link:calculationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:to="loc_ifrs-fullInterestPaidClassifiedAsOperatingActivities" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:label="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInOtherAssets" />
      <link:calculationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:to="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInOtherAssets" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers" xlink:label="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers" />
      <link:calculationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:to="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesDraweeRisk" xlink:label="loc_sidTradePayablesDraweeRisk" />
      <link:calculationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:to="loc_sidTradePayablesDraweeRisk" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DerivativeInstrumentCashSettlement" xlink:label="loc_sidDerivativeInstrumentCashSettlement" />
      <link:calculationArc order="15" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:to="loc_sidDerivativeInstrumentCashSettlement" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="loc_ifrs-fullCashFlowsFromUsedInOperatingActivities" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForReconcileProfitLoss" xlink:label="loc_ifrs-fullAdjustmentsForReconcileProfitLoss" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInOperatingActivities" xlink:to="loc_ifrs-fullAdjustmentsForReconcileProfitLoss" xlink:type="arc" weight="1" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInOperatingActivities" xlink:to="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:label="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:label="loc_ifrs-fullOtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" xlink:to="loc_ifrs-fullOtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="loc_ifrs-fullPurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" xlink:to="loc_ifrs-fullPurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashPaymentsForDerivativeTransactions" xlink:label="loc_sidCashPaymentsForDerivativeTransactions" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" xlink:to="loc_sidCashPaymentsForDerivativeTransactions" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:label="loc_ifrs-fullPurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" xlink:to="loc_ifrs-fullPurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAdvancesAndLoansMadeToRelatedParties" xlink:label="loc_ifrs-fullCashAdvancesAndLoansMadeToRelatedParties" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" xlink:to="loc_ifrs-fullCashAdvancesAndLoansMadeToRelatedParties" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities" xlink:label="loc_ifrs-fullOtherInflowsOutflowsOfCashClassifiedAsInvestingActivities" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" xlink:to="loc_ifrs-fullOtherInflowsOutflowsOfCashClassifiedAsInvestingActivities" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties" xlink:label="loc_ifrs-fullCashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties" />
      <link:calculationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" xlink:to="loc_ifrs-fullCashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashReceiptsFromDiscontinuedOperations" xlink:label="loc_sidCashReceiptsFromDiscontinuedOperations" />
      <link:calculationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" xlink:to="loc_sidCashReceiptsFromDiscontinuedOperations" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashReceiptsFromAcquisitionOfControl" xlink:label="loc_sidCashReceiptsFromAcquisitionOfControl" />
      <link:calculationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" xlink:to="loc_sidCashReceiptsFromAcquisitionOfControl" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromChangesInOwnershipInterestsInSubsidiaries" xlink:label="loc_ifrs-fullProceedsFromChangesInOwnershipInterestsInSubsidiaries" />
      <link:calculationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" xlink:to="loc_ifrs-fullProceedsFromChangesInOwnershipInterestsInSubsidiaries" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:label="loc_ifrs-fullProceedsFromBorrowingsClassifiedAsFinancingActivities" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" xlink:to="loc_ifrs-fullProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingCostsIncurred" xlink:label="loc_ifrs-fullBorrowingCostsIncurred" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" xlink:to="loc_ifrs-fullBorrowingCostsIncurred" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:label="loc_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" xlink:to="loc_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AmortizationOfLeases" xlink:label="loc_sidAmortizationOfLeases" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" xlink:to="loc_sidAmortizationOfLeases" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:label="loc_ifrs-fullDividendsPaidClassifiedAsFinancingActivities" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" xlink:to="loc_ifrs-fullDividendsPaidClassifiedAsFinancingActivities" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares" xlink:label="loc_ifrs-fullProceedsFromSaleOrIssueOfTreasuryShares" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" xlink:to="loc_ifrs-fullProceedsFromSaleOrIssueOfTreasuryShares" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:label="loc_ifrs-fullIncreaseDecreaseInCashAndCashEquivalents" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullIncreaseDecreaseInCashAndCashEquivalents" xlink:to="loc_ifrs-fullCashFlowsFromUsedInOperatingActivities" xlink:type="arc" weight="1" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullIncreaseDecreaseInCashAndCashEquivalents" xlink:to="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" xlink:type="arc" weight="1" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullIncreaseDecreaseInCashAndCashEquivalents" xlink:to="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:label="loc_ifrs-fullEffectOfExchangeRateChangesOnCashAndCashEquivalents" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullIncreaseDecreaseInCashAndCashEquivalents" xlink:to="loc_ifrs-fullEffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:type="arc" weight="1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/StatementOfChangesInShareholdersEquity" xlink:title="00000006 - Statement - Consolidated Statement of Changes in Shareholders&apos; Equity" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/DescriptionOfBusiness" xlink:title="00000007 - Disclosure - 1. DESCRIPTION OF BUSINESS" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/SummaryOfSignificantAccountingPolicies" xlink:title="00000008 - Disclosure - 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ImpactsOfCovid-19" xlink:title="00000009 - Disclosure - 3. IMPACTS OF COVID-19" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/CashAndCashEquivalents" xlink:title="00000010 - Disclosure - 4. CASH AND CASH EQUIVALENTS" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInvestments" xlink:title="00000011 - Disclosure - 5. FINANCIAL INVESTMENTS" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradeReceivables" xlink:title="00000012 - Disclosure - 6. TRADE RECEIVABLES" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Inventories" xlink:title="00000013 - Disclosure - 7. INVENTORIES" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/RecoverableTaxes" xlink:title="00000014 - Disclosure - 8. RECOVERABLE TAXES" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherCurrentAndNon-currentAssets" xlink:title="00000015 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliates" xlink:title="00000016 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/PropertyPlantAndEquipment" xlink:title="00000017 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssets" xlink:title="00000018 - Disclosure - 12. INTANGIBLE ASSETS" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancing" xlink:title="00000019 - Disclosure - 13. BORROWINGS AND FINANCING" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstruments" xlink:title="00000020 - Disclosure - 14. FINANCIAL INSTRUMENTS" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherPayables" xlink:title="00000021 - Disclosure - 15. OTHER PAYABLES" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Leases" xlink:title="00000022 - Disclosure - 16. LEASES" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradePayables" xlink:title="00000023 - Disclosure - 17. TRADE PAYABLES" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributions" xlink:title="00000024 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTIONS" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TaxesInInstallments" xlink:title="00000025 - Disclosure - 19. TAXES IN INSTALLMENTS" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDeposits" xlink:title="00000026 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligations" xlink:title="00000027 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMENT OBLIGATIONS" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactions" xlink:title="00000028 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquity" xlink:title="00000029 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersCompensation" xlink:title="00000030 - Disclosure - 24. Shareholders&apos; Compensation" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/NetRevenueFromSales" xlink:title="00000031 - Disclosure - 25. NET REVENUE FROM SALES" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ExpensesByNature" xlink:title="00000032 - Disclosure - 26. EXPENSES BY NATURE" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherOperatingIncomeAndExpenses" xlink:title="00000033 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialIncomeExpenses" xlink:title="00000034 - Disclosure - 28. FINANCIAL INCOME (EXPENSES)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/SegmentInformation" xlink:title="00000035 - Disclosure - 29. SEGMENT INFORMATION" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefits" xlink:title="00000036 - Disclosure - 30. EMPLOYEE BENEFITS" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Commitments" xlink:title="00000037 - Disclosure - 31. COMMITMENTS" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Insurance" xlink:title="00000038 - Disclosure - 32. INSURANCE" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/AdditionalInformationToCashFlows" xlink:title="00000039 - Disclosure - 33. ADDITIONAL INFORMATION TO CASH FLOWS" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/SubsequentEvents" xlink:title="00000040 - Disclosure - 34. SUBSEQUENT EVENTS" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/SummaryOfSignificantAccountingPoliciesPolicies" xlink:title="00000041 - Disclosure - 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/CashAndCashEquivalentsTables" xlink:title="00000042 - Disclosure - 4. CASH AND CASH EQUIVALENTS (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInvestmentsTables" xlink:title="00000043 - Disclosure - 5. FINANCIAL INVESTMENTS (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradeReceivablesTables" xlink:title="00000044 - Disclosure - 6. TRADE RECEIVABLES (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/InventoriesTables" xlink:title="00000045 - Disclosure - 7. INVENTORIES (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/RecoverableTaxesTables" xlink:title="00000046 - Disclosure - 8. RECOVERABLE TAXES (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsTables" xlink:title="00000047 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables" xlink:title="00000048 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/PropertyPlantAndEquipmentTables" xlink:title="00000049 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssetsTables" xlink:title="00000050 - Disclosure - 12. INTANGIBLE ASSETS (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingTables" xlink:title="00000051 - Disclosure - 13. BORROWINGS AND FINANCING (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsTables" xlink:title="00000052 - Disclosure - 14. FINANCIAL INSTRUMENTS (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherPayablesTables" xlink:title="00000053 - Disclosure - 15. OTHER PAYABLES (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesTables" xlink:title="00000054 - Disclosure - 16. LEASES (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradePayablesTables" xlink:title="00000055 - Disclosure - 17. TRADE PAYABLES (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionsTables" xlink:title="00000056 - Disclosure - 18.INCOME TAX AND SOCIAL CONTRIBUTIONS  (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TaxesInInstallmentsTables" xlink:title="00000057 - Disclosure - 19. TAXES IN INSTALLMENTS (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTables" xlink:title="00000058 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsTables" xlink:title="00000059 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactionsTables" xlink:title="00000060 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquityTables" xlink:title="00000061 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersCompensationTables" xlink:title="00000062 - Disclosure - 24. Shareholders&apos; Compensation (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/NetRevenueFromSalesTables" xlink:title="00000063 - Disclosure - 25. NET REVENUE FROM SALES (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ExpensesByNatureTables" xlink:title="00000064 - Disclosure - 26. EXPENSES BY NATURE (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherOperatingIncomeAndExpensesTables" xlink:title="00000065 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialIncomeExpensesTables" xlink:title="00000066 - Disclosure - 28. FINANCIAL INCOME (EXPENSES) (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/SegmentInformationTables" xlink:title="00000067 - Disclosure - 29. SEGMENT INFORMATION (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsTables" xlink:title="00000068 - Disclosure - 30. EMPLOYEE BENEFITS (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/CommitmentsTables" xlink:title="00000069 - Disclosure - 31. COMMITMENTS (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/AdditionalInformationToCashFlowsTables" xlink:title="00000070 - Disclosure - 33. ADDITIONAL INFORMATION TO CASH FLOWS  (Tables)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/DescriptionOfBusinessDetailsNarrative" xlink:title="00000071 - Disclosure - 1. DESCRIPTION OF BUSINESS (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" xlink:title="00000072 - Disclosure - 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ImpactsOfCovid-19DetailsNarrative" xlink:title="00000073 - Disclosure - 3. IMPACTS OF COVID-19 (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/CashAndCashEquivalentsDetails" xlink:title="00000074 - Disclosure - 4. CASH AND CASH EQUIVALENTS (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="loc_ifrs-fullCashAndCashEquivalents" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BalancesWithBanks" xlink:label="loc_ifrs-fullBalancesWithBanks" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashAndCashEquivalents" xlink:to="loc_ifrs-fullBalancesWithBanks" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShorttermInvestmentsClassifiedAsCashEquivalents" xlink:label="loc_ifrs-fullShorttermInvestmentsClassifiedAsCashEquivalents" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullCashAndCashEquivalents" xlink:to="loc_ifrs-fullShorttermInvestmentsClassifiedAsCashEquivalents" xlink:type="arc" weight="1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInvestmentsDetails" xlink:title="00000075 - Disclosure - 5. FINANCIAL INVESTMENTS (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradeReceivablesDetails" xlink:title="00000076 - Disclosure - 6. TRADE RECEIVABLES (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradeReceivablesDetails1" xlink:title="00000077 - Disclosure - 6. TRADE RECEIVABLES (Details 1)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradeReceivablesDetails2" xlink:title="00000078 - Disclosure - 6. TRADE RECEIVABLES (Details 2)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/InventoriesDetails" xlink:title="00000079 - Disclosure - 7. INVENTORIES (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/InventoriesDetails1" xlink:title="00000080 - Disclosure - 7. INVENTORIES (Details 1)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/RecoverableTaxesDetails" xlink:title="00000081 - Disclosure - 8. RECOVERABLE TAXES (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsDetails" xlink:title="00000082 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsDetailsNarrative" xlink:title="00000083 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails" xlink:title="00000084 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails1" xlink:title="00000085 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 1)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails2" xlink:title="00000086 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 2)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails3" xlink:title="00000087 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 3)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails4" xlink:title="00000088 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 4)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails5" xlink:title="00000089 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 5)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails6" xlink:title="00000090 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 6)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails7" xlink:title="00000091 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 7)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetailsNarrative" xlink:title="00000092 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/PropertyPlantAndEquipmentDetails" xlink:title="00000093 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/PropertyPlantAndEquipmentDetails1" xlink:title="00000094 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details 1)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/PropertyPlantAndEquipmentDetails2" xlink:title="00000095 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details 2)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/PropertyPlantAndEquipmentDetailsNarrative" xlink:title="00000096 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssetsDetails" xlink:title="00000097 - Disclosure - 12. INTANGIBLE ASSETS (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssetsDetails1" xlink:title="00000098 - Disclosure - 12. INTANGIBLE ASSETS (Details 1)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssetsDetails2" xlink:title="00000099 - Disclosure - 12. INTANGIBLE ASSETS (Details 2)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssetsDetails3" xlink:title="00000100 - Disclosure - 12. INTANGIBLE ASSETS (Details 3)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssetsDetailsNarrative" xlink:title="00000101 - Disclosure - 12. INTANGIBLE ASSETS (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingDetails" xlink:title="00000102 - Disclosure - 13. BORROWINGS AND FINANCING (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingDetails1" xlink:title="00000103 - Disclosure - 13. BORROWINGS AND FINANCING (Details 1)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingDetails2" xlink:title="00000104 - Disclosure - 13. BORROWINGS AND FINANCING (Details 2)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingDetails3" xlink:title="00000105 - Disclosure - 13. BORROWINGS AND FINANCING (Details 3)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingDetails4" xlink:title="00000106 - Disclosure - 13. BORROWINGS AND FINANCING (Details 4)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingDetailsNarrative" xlink:title="00000107 - Disclosure - 13. BORROWINGS AND FINANCING (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails" xlink:title="00000108 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails1" xlink:title="00000109 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 1)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails2" xlink:title="00000110 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 2)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails3" xlink:title="00000111 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 3)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails4" xlink:title="00000112 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 4)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails5" xlink:title="00000113 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 5)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails6" xlink:title="00000114 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 6)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails7" xlink:title="00000115 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 7)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails8" xlink:title="00000116 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 8)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails9" xlink:title="00000117 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 9)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails10" xlink:title="00000118 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 10)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails11" xlink:title="00000119 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 11)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails12" xlink:title="00000120 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 12)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails13" xlink:title="00000121 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 13)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails14" xlink:title="00000122 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 14)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails15" xlink:title="00000123 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 15)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails16" xlink:title="00000124 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 16)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails17" xlink:title="00000125 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 17)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails18" xlink:title="00000126 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 18)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails19" xlink:title="00000127 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 19)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetailsNarrative" xlink:title="00000128 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherPayablesDetails" xlink:title="00000129 - Disclosure - 15. OTHER PAYABLES (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherPayablesDetailsNarrative" xlink:title="00000130 - Disclosure - 15. OTHER PAYABLES (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetails" xlink:title="00000131 - Disclosure - 16. LEASES (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LeaseLiabilities" xlink:label="loc_ifrs-fullLeaseLiabilities" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossLeaseLiabilities" xlink:label="loc_ifrs-fullGrossLeaseLiabilities" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullLeaseLiabilities" xlink:to="loc_ifrs-fullGrossLeaseLiabilities" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentValueAdjustmentLeasesLiabilities" xlink:label="loc_sidPresentValueAdjustmentLeasesLiabilities" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullLeaseLiabilities" xlink:to="loc_sidPresentValueAdjustmentLeasesLiabilities" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLeaseLiabilities" xlink:label="loc_ifrs-fullCurrentLeaseLiabilities" />
      <link:calculationArc order="101" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullLeaseLiabilities" xlink:to="loc_ifrs-fullCurrentLeaseLiabilities" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLeaseLiabilities" xlink:label="loc_ifrs-fullNoncurrentLeaseLiabilities" />
      <link:calculationArc order="102" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullLeaseLiabilities" xlink:to="loc_ifrs-fullNoncurrentLeaseLiabilities" xlink:type="arc" weight="1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetails1" xlink:title="00000132 - Disclosure - 16. LEASES (Details 1)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetails2" xlink:title="00000133 - Disclosure - 16. LEASES (Details 2)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetails3" xlink:title="00000134 - Disclosure - 16. LEASES (Details 3)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetails4" xlink:title="00000135 - Disclosure - 16. LEASES (Details 4)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:label="loc_sidExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed" xlink:label="loc_ifrs-fullExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:to="loc_ifrs-fullExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:label="loc_ifrs-fullExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:to="loc_ifrs-fullExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:label="loc_ifrs-fullExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:to="loc_ifrs-fullExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:type="arc" weight="1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetails5" xlink:title="00000136 - Disclosure - 16. LEASES (Details 5)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetailsNarrative" xlink:title="00000137 - Disclosure - 16. LEASES (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradePayablesDetails" xlink:title="00000138 - Disclosure - 17. TRADE PAYABLES (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails" xlink:title="00000139 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails1" xlink:title="00000140 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 1)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails2" xlink:title="00000141 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 2)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails3" xlink:title="00000142 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 3)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossDeferredTaxAssets" xlink:label="loc_sidGrossDeferredTaxAssets" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredLiabilitiesParentCompany" xlink:label="loc_sidDeferredLiabilitiesParentCompany" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidGrossDeferredTaxAssets" xlink:to="loc_sidDeferredLiabilitiesParentCompany" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxAssets2" xlink:label="loc_sidDeferredTaxAssets2" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidGrossDeferredTaxAssets" xlink:to="loc_sidDeferredTaxAssets2" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NetDeferredTaxAssets" xlink:label="loc_ifrs-fullNetDeferredTaxAssets" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNetDeferredTaxAssets" xlink:to="loc_sidGrossDeferredTaxAssets" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredLiabilitiesSubsidiaries" xlink:label="loc_sidDeferredLiabilitiesSubsidiaries" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullNetDeferredTaxAssets" xlink:to="loc_sidDeferredLiabilitiesSubsidiaries" xlink:type="arc" weight="-1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails4" xlink:title="00000143 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 4)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails5" xlink:title="00000144 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 5)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetailsNarrative" xlink:title="00000145 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TaxesInInstallmentsDetails" xlink:title="00000146 - Disclosure - 19. TAXES IN INSTALLMENTS (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails" xlink:title="00000147 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails1" xlink:title="00000148 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details 1)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails2" xlink:title="00000149 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details 2)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetailsNarrative" xlink:title="00000150 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetails" xlink:title="00000151 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetailsNarrative" xlink:title="00000152 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails" xlink:title="00000153 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails1" xlink:title="00000154 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 1)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails2" xlink:title="00000155 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 2)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_KeyManagementPersonnelCompensation" xlink:label="loc_ifrs-fullKeyManagementPersonnelCompensation" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:label="loc_ifrs-fullKeyManagementPersonnelCompensationShorttermEmployeeBenefits" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullKeyManagementPersonnelCompensation" xlink:to="loc_ifrs-fullKeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:label="loc_ifrs-fullKeyManagementPersonnelCompensationPostemploymentBenefits" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullKeyManagementPersonnelCompensation" xlink:to="loc_ifrs-fullKeyManagementPersonnelCompensationPostemploymentBenefits" xlink:type="arc" weight="1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails3" xlink:title="00000156 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 3)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetailsNarrative" xlink:title="00000157 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquityDetails" xlink:title="00000158 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquityDetails1" xlink:title="00000159 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY (Details 1)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquityDetails2" xlink:title="00000160 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY (Details 2)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquityDetails3" xlink:title="00000161 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY (Details 3)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquityDetailsNarrative" xlink:title="00000162 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersCompensationDetails" xlink:title="00000163 - Disclosure - 24. Shareholders&apos; Compensation (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProfitForAllocation" xlink:label="loc_sidProfitForAllocation" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:label="loc_ifrs-fullProfitLossAttributableToOwnersOfParent" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidProfitForAllocation" xlink:to="loc_ifrs-fullProfitLossAttributableToOwnersOfParent" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalReserves" xlink:label="loc_sidCapitalReserves" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidProfitForAllocation" xlink:to="loc_sidCapitalReserves" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AllocationOfProfit" xlink:label="loc_sidAllocationOfProfit" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MinimumMandatoryDividend" xlink:label="loc_sidMinimumMandatoryDividend" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidAllocationOfProfit" xlink:to="loc_sidMinimumMandatoryDividend" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_StatutoryReserves" xlink:label="loc_sidStatutoryReserves" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidAllocationOfProfit" xlink:to="loc_sidStatutoryReserves" xlink:type="arc" weight="1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersCompensationDetailsNarrative" xlink:title="00000164 - Disclosure - 24. Shareholders&apos; Compensation (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/NetRevenueFromSalesDetails" xlink:title="00000165 - Disclosure - 25. NET REVENUE FROM SALES (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RevenueDeductions" xlink:label="loc_sidRevenueDeductions" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SalesReturnsAndDiscounts" xlink:label="loc_sidSalesReturnsAndDiscounts" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidRevenueDeductions" xlink:to="loc_sidSalesReturnsAndDiscounts" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxEffectOfRevenues" xlink:label="loc_sidTaxEffectOfRevenues" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidRevenueDeductions" xlink:to="loc_sidTaxEffectOfRevenues" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetRevenues" xlink:label="loc_sidNetRevenues" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossRevenue" xlink:label="loc_sidGrossRevenue" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidNetRevenues" xlink:to="loc_sidGrossRevenue" xlink:type="arc" weight="1" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidNetRevenues" xlink:to="loc_sidRevenueDeductions" xlink:type="arc" weight="-1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/NetRevenueFromSalesDetailsNarrative" xlink:title="00000166 - Disclosure - 25. NET REVENUE FROM SALES (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ExpensesByNatureDetails" xlink:title="00000167 - Disclosure - 26. EXPENSES BY NATURE (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ExpensesByNatureDetails1" xlink:title="00000168 - Disclosure - 26. EXPENSES BY NATURE (Details 1)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OperatingExpense" xlink:label="loc_ifrs-fullOperatingExpense" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CostOfSales" xlink:label="loc_ifrs-fullCostOfSales" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullOperatingExpense" xlink:to="loc_ifrs-fullCostOfSales" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SalesAndMarketingExpense" xlink:label="loc_ifrs-fullSalesAndMarketingExpense" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullOperatingExpense" xlink:to="loc_ifrs-fullSalesAndMarketingExpense" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdministrativeExpense" xlink:label="loc_ifrs-fullAdministrativeExpense" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullOperatingExpense" xlink:to="loc_ifrs-fullAdministrativeExpense" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiscellaneousOtherOperatingExpense" xlink:label="loc_ifrs-fullMiscellaneousOtherOperatingExpense" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:to="loc_ifrs-fullOperatingExpense" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherOperatingIncomeExpense" xlink:label="loc_ifrs-fullOtherOperatingIncomeExpense" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:to="loc_ifrs-fullOtherOperatingIncomeExpense" xlink:type="arc" weight="-1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ExpensesByNatureDetailsNarrative" xlink:title="00000169 - Disclosure - 26. EXPENSES BY NATURE (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherOperatingIncomeAndExpensesDetails" xlink:title="00000170 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiscellaneousOtherOperatingIncome" xlink:label="loc_ifrs-fullMiscellaneousOtherOperatingIncome" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Indemnities" xlink:label="loc_sidIndemnities" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingIncome" xlink:to="loc_sidIndemnities" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RentalsAndLeases" xlink:label="loc_sidRentalsAndLeases" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingIncome" xlink:to="loc_sidRentalsAndLeases" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsReceived1" xlink:label="loc_sidDividendsReceived1" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingIncome" xlink:to="loc_sidDividendsReceived1" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PisAndCofinsToCompensate" xlink:label="loc_sidPisAndCofinsToCompensate" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingIncome" xlink:to="loc_sidPisAndCofinsToCompensate" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ContractualFines" xlink:label="loc_sidContractualFines" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingIncome" xlink:to="loc_sidContractualFines" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialPensionPlan" xlink:label="loc_sidActuarialPensionPlan" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingIncome" xlink:to="loc_sidActuarialPensionPlan" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UpdatedSharesFairValueThroughProfitOrLossOne" xlink:label="loc_sidUpdatedSharesFairValueThroughProfitOrLossOne" />
      <link:calculationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingIncome" xlink:to="loc_sidUpdatedSharesFairValueThroughProfitOrLossOne" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ContractualAgreement" xlink:label="loc_sidContractualAgreement" />
      <link:calculationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingIncome" xlink:to="loc_sidContractualAgreement" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherRevenues" xlink:label="loc_sidOtherRevenues" />
      <link:calculationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingIncome" xlink:to="loc_sidOtherRevenues" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiscellaneousOtherOperatingExpense" xlink:label="loc_ifrs-fullMiscellaneousOtherOperatingExpense" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesAndFees" xlink:label="loc_sidTaxesAndFees" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:to="loc_sidTaxesAndFees" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_WriteoffprovisionOfJudicialDeposits" xlink:label="loc_sidWriteoffprovisionOfJudicialDeposits" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:to="loc_sidWriteoffprovisionOfJudicialDeposits" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpensesWithEnvironmentalLiabilitiesNet" xlink:label="loc_sidExpensesWithEnvironmentalLiabilitiesNet" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:to="loc_sidExpensesWithEnvironmentalLiabilitiesNet" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ContractualFinesOne" xlink:label="loc_sidContractualFinesOne" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:to="loc_sidContractualFinesOne" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22" xlink:label="loc_sidDepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:to="loc_sidDepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_WriteOffOfPpeAndIntangibleAssets" xlink:label="loc_sidWriteOffOfPpeAndIntangibleAssets" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:to="loc_sidWriteOffOfPpeAndIntangibleAssets" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EstimatedLossreversalInInventories" xlink:label="loc_sidEstimatedLossreversalInInventories" />
      <link:calculationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:to="loc_sidEstimatedLossreversalInInventories" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IdlenessInStocksAndParalyzedEquipment" xlink:label="loc_sidIdlenessInStocksAndParalyzedEquipment" />
      <link:calculationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:to="loc_sidIdlenessInStocksAndParalyzedEquipment" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_StudiesAndProjectEngineeringExpenses" xlink:label="loc_sidStudiesAndProjectEngineeringExpenses" />
      <link:calculationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:to="loc_sidStudiesAndProjectEngineeringExpenses" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ResearchAndDevelopmentExpenses" xlink:label="loc_sidResearchAndDevelopmentExpenses" />
      <link:calculationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:to="loc_sidResearchAndDevelopmentExpenses" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_HealthcarePlanExpenses" xlink:label="loc_sidHealthcarePlanExpenses" />
      <link:calculationArc order="11" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:to="loc_sidHealthcarePlanExpenses" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowHedgeRealized" xlink:label="loc_sidCashFlowHedgeRealized" />
      <link:calculationArc order="12" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:to="loc_sidCashFlowHedgeRealized" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UpdatedSharesFairValueThroughProfitOrLoss" xlink:label="loc_sidUpdatedSharesFairValueThroughProfitOrLoss" />
      <link:calculationArc order="13" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:to="loc_sidUpdatedSharesFairValueThroughProfitOrLoss" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherExpensesOne" xlink:label="loc_sidOtherExpensesOne" />
      <link:calculationArc order="14" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:to="loc_sidOtherExpensesOne" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingIncomeExpense1" xlink:label="loc_sidOtherOperatingIncomeExpense1" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidOtherOperatingIncomeExpense1" xlink:to="loc_ifrs-fullMiscellaneousOtherOperatingIncome" xlink:type="arc" weight="1" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidOtherOperatingIncomeExpense1" xlink:to="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:type="arc" weight="-1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherOperatingIncomeAndExpensesDetailsNarrative" xlink:title="00000171 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialIncomeExpensesDetails" xlink:title="00000172 - Disclosure - 28. FINANCIAL INCOME (EXPENSES) (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinanceIncome" xlink:label="loc_ifrs-fullFinanceIncome" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RelatedParties" xlink:label="loc_sidRelatedParties" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullFinanceIncome" xlink:to="loc_sidRelatedParties" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeFromFinancialInvestments" xlink:label="loc_sidIncomeFromFinancialInvestments" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullFinanceIncome" xlink:to="loc_sidIncomeFromFinancialInvestments" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherIncome" xlink:label="loc_ifrs-fullOtherIncome" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullFinanceIncome" xlink:to="loc_ifrs-fullOtherIncome" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UpdatedSharesFairValueThroughProfitOrLos" xlink:label="loc_sidUpdatedSharesFairValueThroughProfitOrLos" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullFinanceIncome" xlink:to="loc_sidUpdatedSharesFairValueThroughProfitOrLos" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinanceCosts1" xlink:label="loc_sidFinanceCosts1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingForeignCurrency" xlink:label="loc_sidBorrowingsAndFinancingForeignCurrency" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidFinanceCosts1" xlink:to="loc_sidBorrowingsAndFinancingForeignCurrency" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingLocalCurrency" xlink:label="loc_sidBorrowingsAndFinancingLocalCurrency" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidFinanceCosts1" xlink:to="loc_sidBorrowingsAndFinancingLocalCurrency" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RelatedPartiesOne" xlink:label="loc_sidRelatedPartiesOne" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidFinanceCosts1" xlink:to="loc_sidRelatedPartiesOne" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Leases" xlink:label="loc_sidLeases" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidFinanceCosts1" xlink:to="loc_sidLeases" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalizedInterest" xlink:label="loc_sidCapitalizedInterest" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidFinanceCosts1" xlink:to="loc_sidCapitalizedInterest" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InterestFinesAndLatePaymentCharges" xlink:label="loc_sidInterestFinesAndLatePaymentCharges" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidFinanceCosts1" xlink:to="loc_sidInterestFinesAndLatePaymentCharges" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CommissionAndBankFees" xlink:label="loc_sidCommissionAndBankFees" />
      <link:calculationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidFinanceCosts1" xlink:to="loc_sidCommissionAndBankFees" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PiscofinsOverFinancialIncome" xlink:label="loc_sidPiscofinsOverFinancialIncome" />
      <link:calculationArc order="8" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidFinanceCosts1" xlink:to="loc_sidPiscofinsOverFinancialIncome" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherFinancialExpenses" xlink:label="loc_sidOtherFinancialExpenses" />
      <link:calculationArc order="9" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidFinanceCosts1" xlink:to="loc_sidOtherFinancialExpenses" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentPresentValueOfTradePayables" xlink:label="loc_sidAdjustmentPresentValueOfTradePayables" />
      <link:calculationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidFinanceCosts1" xlink:to="loc_sidAdjustmentPresentValueOfTradePayables" xlink:type="arc" weight="1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialIncomeExpensesDetailsNarrative" xlink:title="00000173 - Disclosure - 28. FINANCIAL INCOME (EXPENSES) (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/SegmentInformationDetails" xlink:title="00000174 - Disclosure - 29. SEGMENT INFORMATION (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/SegmentInformationDetailsNarrative" xlink:title="00000175 - Disclosure - 29. SEGMENT INFORMATION (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails" xlink:title="00000176 - Disclosure - 30. EMPLOYEE BENEFITS (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails1" xlink:title="00000177 - Disclosure - 30. EMPLOYEE BENEFITS (Details 1)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SurplusDeficitInPlan" xlink:label="loc_ifrs-fullSurplusDeficitInPlan" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:label="loc_ifrs-fullDefinedBenefitObligationAtPresentValue" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullSurplusDeficitInPlan" xlink:to="loc_ifrs-fullDefinedBenefitObligationAtPresentValue" xlink:type="arc" weight="-1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PlanAssetsAtFairValue1" xlink:label="loc_sidPlanAssetsAtFairValue1" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullSurplusDeficitInPlan" xlink:to="loc_sidPlanAssetsAtFairValue1" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:label="loc_ifrs-fullLiabilityAssetOfDefinedBenefitPlans" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LiabilitiesOfBenefitPlan" xlink:label="loc_sidLiabilitiesOfBenefitPlan" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullLiabilityAssetOfDefinedBenefitPlans" xlink:to="loc_sidLiabilitiesOfBenefitPlan" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssetsOfBenefitPlan" xlink:label="loc_ifrs-fullAssetsOfBenefitPlan" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_ifrs-fullLiabilityAssetOfDefinedBenefitPlans" xlink:to="loc_ifrs-fullAssetsOfBenefitPlan" xlink:type="arc" weight="-1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails2" xlink:title="00000178 - Disclosure - 30. EMPLOYEE BENEFITS (Details 2)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails3" xlink:title="00000179 - Disclosure - 30. EMPLOYEE BENEFITS (Details 3)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails4" xlink:title="00000180 - Disclosure - 30. EMPLOYEE BENEFITS (Details 4)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails5" xlink:title="00000181 - Disclosure - 30. EMPLOYEE BENEFITS (Details 5)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails6" xlink:title="00000182 - Disclosure - 30. EMPLOYEE BENEFITS (Details 6)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails7" xlink:title="00000183 - Disclosure - 30. EMPLOYEE BENEFITS (Details 7)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails8" xlink:title="00000184 - Disclosure - 30. EMPLOYEE BENEFITS (Details 8)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails9" xlink:title="00000185 - Disclosure - 30. EMPLOYEE BENEFITS (Details 9)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails10" xlink:title="00000186 - Disclosure - 30. EMPLOYEE BENEFITS (Details 10)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails11" xlink:title="00000187 - Disclosure - 30. EMPLOYEE BENEFITS (Details 11)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails12" xlink:title="00000188 - Disclosure - 30. EMPLOYEE BENEFITS (Details 12)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails13" xlink:title="00000189 - Disclosure - 30. EMPLOYEE BENEFITS (Details 13)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails14" xlink:title="00000190 - Disclosure - 30. EMPLOYEE BENEFITS (Details 14)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails15" xlink:title="00000191 - Disclosure - 30. EMPLOYEE BENEFITS (Details 15)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails16" xlink:title="00000192 - Disclosure - 30. EMPLOYEE BENEFITS (Details 16)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails17" xlink:title="00000193 - Disclosure - 30. EMPLOYEE BENEFITS (Details 17)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails18" xlink:title="00000194 - Disclosure - 30. EMPLOYEE BENEFITS (Details 18)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetailsNarrative" xlink:title="00000195 - Disclosure - 30. EMPLOYEE BENEFITS (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/CommitmentsDetails" xlink:title="00000196 - Disclosure - 31. COMMITMENTS (Details)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/CommitmentsDetailsNarrative" xlink:title="00000197 - Disclosure - 31. COMMITMENTS (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/InsuranceDetailsNarrative" xlink:title="00000198 - Disclosure - 32. INSURANCE (Details Narrative)" />
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/AdditionalInformationToCashFlowsDetails" xlink:title="00000199 - Disclosure - 33. ADDITIONAL INFORMATION TO CASH FLOWS (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetAdditionalCash" xlink:label="loc_sidNetAdditionalCash" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentsForIncomeTaxAndSocialContributionPaid" xlink:label="loc_sidAdjustmentsForIncomeTaxAndSocialContributionPaid" />
      <link:calculationArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidNetAdditionalCash" xlink:to="loc_sidAdjustmentsForIncomeTaxAndSocialContributionPaid" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest" xlink:label="loc_sidAdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest" />
      <link:calculationArc order="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidNetAdditionalCash" xlink:to="loc_sidAdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InitialAdoptionRightOfUse" xlink:label="loc_sidInitialAdoptionRightOfUse" />
      <link:calculationArc order="3" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidNetAdditionalCash" xlink:to="loc_sidInitialAdoptionRightOfUse" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RemeasurementRightOfUse1" xlink:label="loc_sidRemeasurementRightOfUse1" />
      <link:calculationArc order="4" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidNetAdditionalCash" xlink:to="loc_sidRemeasurementRightOfUse1" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionToPpeWithoutAddingCash" xlink:label="loc_sidAdditionToPpeWithoutAddingCash" />
      <link:calculationArc order="5" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidNetAdditionalCash" xlink:to="loc_sidAdditionToPpeWithoutAddingCash" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalizationInSubsidiariesWithoutCash" xlink:label="loc_sidCapitalizationInSubsidiariesWithoutCash" />
      <link:calculationArc order="6" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidNetAdditionalCash" xlink:to="loc_sidCapitalizationInSubsidiariesWithoutCash" xlink:type="arc" weight="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionToInvestmentPropertyWithoutCashEffect" xlink:label="loc_sidAdditionToInvestmentPropertyWithoutCashEffect" />
      <link:calculationArc order="7" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_sidNetAdditionalCash" xlink:to="loc_sidAdditionToInvestmentPropertyWithoutCashEffect" xlink:type="arc" weight="1" />
    </link:calculationLink>
    <link:calculationLink xlink:type="extended" xlink:role="http://csn.com.br/role/SubsequentEventsDetailsNarrative" xlink:title="00000200 - Disclosure - 34. SUBSEQUENT EVENTS (Details Narrative)" />
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.DEF
<SEQUENCE>17
<FILENAME>sid-20201231_def.xml
<DESCRIPTION>XBRL DEFINITION FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.7a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Source; Value: sid%2D20201231.xfr; Date: 2021%2D04%2D13T00:43:13Z -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x80240023 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef roleURI="http://csn.com.br/role/Cover" xlink:href="sid-20201231.xsd#Cover" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BalanceSheets" xlink:href="sid-20201231.xsd#BalanceSheets" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/StatementsOfIncome" xlink:href="sid-20201231.xsd#StatementsOfIncome" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/StatementsOfComprehensiveIncome" xlink:href="sid-20201231.xsd#StatementsOfComprehensiveIncome" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/StatementsOfCashFlows" xlink:href="sid-20201231.xsd#StatementsOfCashFlows" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/StatementOfChangesInShareholdersEquity" xlink:href="sid-20201231.xsd#StatementOfChangesInShareholdersEquity" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/DescriptionOfBusiness" xlink:href="sid-20201231.xsd#DescriptionOfBusiness" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SummaryOfSignificantAccountingPolicies" xlink:href="sid-20201231.xsd#SummaryOfSignificantAccountingPolicies" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ImpactsOfCovid-19" xlink:href="sid-20201231.xsd#ImpactsOfCovid-19" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/CashAndCashEquivalents" xlink:href="sid-20201231.xsd#CashAndCashEquivalents" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInvestments" xlink:href="sid-20201231.xsd#FinancialInvestments" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradeReceivables" xlink:href="sid-20201231.xsd#TradeReceivables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Inventories" xlink:href="sid-20201231.xsd#Inventories" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/RecoverableTaxes" xlink:href="sid-20201231.xsd#RecoverableTaxes" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherCurrentAndNon-currentAssets" xlink:href="sid-20201231.xsd#OtherCurrentAndNon-currentAssets" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliates" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliates" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/PropertyPlantAndEquipment" xlink:href="sid-20201231.xsd#PropertyPlantAndEquipment" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssets" xlink:href="sid-20201231.xsd#IntangibleAssets" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancing" xlink:href="sid-20201231.xsd#BorrowingsAndFinancing" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstruments" xlink:href="sid-20201231.xsd#FinancialInstruments" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherPayables" xlink:href="sid-20201231.xsd#OtherPayables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Leases" xlink:href="sid-20201231.xsd#Leases" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradePayables" xlink:href="sid-20201231.xsd#TradePayables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributions" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributions" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TaxesInInstallments" xlink:href="sid-20201231.xsd#TaxesInInstallments" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDeposits" xlink:href="sid-20201231.xsd#ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDeposits" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligations" xlink:href="sid-20201231.xsd#ProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligations" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactions" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactions" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquity" xlink:href="sid-20201231.xsd#ShareholdersEquity" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersCompensation" xlink:href="sid-20201231.xsd#ShareholdersCompensation" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/NetRevenueFromSales" xlink:href="sid-20201231.xsd#NetRevenueFromSales" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ExpensesByNature" xlink:href="sid-20201231.xsd#ExpensesByNature" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherOperatingIncomeAndExpenses" xlink:href="sid-20201231.xsd#OtherOperatingIncomeAndExpenses" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialIncomeExpenses" xlink:href="sid-20201231.xsd#FinancialIncomeExpenses" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SegmentInformation" xlink:href="sid-20201231.xsd#SegmentInformation" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefits" xlink:href="sid-20201231.xsd#EmployeeBenefits" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Commitments" xlink:href="sid-20201231.xsd#Commitments" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Insurance" xlink:href="sid-20201231.xsd#Insurance" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/AdditionalInformationToCashFlows" xlink:href="sid-20201231.xsd#AdditionalInformationToCashFlows" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SubsequentEvents" xlink:href="sid-20201231.xsd#SubsequentEvents" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SummaryOfSignificantAccountingPoliciesPolicies" xlink:href="sid-20201231.xsd#SummaryOfSignificantAccountingPoliciesPolicies" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/CashAndCashEquivalentsTables" xlink:href="sid-20201231.xsd#CashAndCashEquivalentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInvestmentsTables" xlink:href="sid-20201231.xsd#FinancialInvestmentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradeReceivablesTables" xlink:href="sid-20201231.xsd#TradeReceivablesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/InventoriesTables" xlink:href="sid-20201231.xsd#InventoriesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/RecoverableTaxesTables" xlink:href="sid-20201231.xsd#RecoverableTaxesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsTables" xlink:href="sid-20201231.xsd#OtherCurrentAndNon-currentAssetsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentTables" xlink:href="sid-20201231.xsd#PropertyPlantAndEquipmentTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssetsTables" xlink:href="sid-20201231.xsd#IntangibleAssetsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingTables" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsTables" xlink:href="sid-20201231.xsd#FinancialInstrumentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherPayablesTables" xlink:href="sid-20201231.xsd#OtherPayablesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesTables" xlink:href="sid-20201231.xsd#LeasesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradePayablesTables" xlink:href="sid-20201231.xsd#TradePayablesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionsTables" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TaxesInInstallmentsTables" xlink:href="sid-20201231.xsd#TaxesInInstallmentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTables" xlink:href="sid-20201231.xsd#ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsTables" xlink:href="sid-20201231.xsd#ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsTables" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactionsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquityTables" xlink:href="sid-20201231.xsd#ShareholdersEquityTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersCompensationTables" xlink:href="sid-20201231.xsd#ShareholdersCompensationTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/NetRevenueFromSalesTables" xlink:href="sid-20201231.xsd#NetRevenueFromSalesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ExpensesByNatureTables" xlink:href="sid-20201231.xsd#ExpensesByNatureTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherOperatingIncomeAndExpensesTables" xlink:href="sid-20201231.xsd#OtherOperatingIncomeAndExpensesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialIncomeExpensesTables" xlink:href="sid-20201231.xsd#FinancialIncomeExpensesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SegmentInformationTables" xlink:href="sid-20201231.xsd#SegmentInformationTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsTables" xlink:href="sid-20201231.xsd#EmployeeBenefitsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/CommitmentsTables" xlink:href="sid-20201231.xsd#CommitmentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/AdditionalInformationToCashFlowsTables" xlink:href="sid-20201231.xsd#AdditionalInformationToCashFlowsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/DescriptionOfBusinessDetailsNarrative" xlink:href="sid-20201231.xsd#DescriptionOfBusinessDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" xlink:href="sid-20201231.xsd#SummaryOfSignificantAccountingPoliciesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ImpactsOfCovid-19DetailsNarrative" xlink:href="sid-20201231.xsd#ImpactsOfCovid-19DetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/CashAndCashEquivalentsDetails" xlink:href="sid-20201231.xsd#CashAndCashEquivalentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInvestmentsDetails" xlink:href="sid-20201231.xsd#FinancialInvestmentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradeReceivablesDetails" xlink:href="sid-20201231.xsd#TradeReceivablesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradeReceivablesDetails1" xlink:href="sid-20201231.xsd#TradeReceivablesDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradeReceivablesDetails2" xlink:href="sid-20201231.xsd#TradeReceivablesDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/InventoriesDetails" xlink:href="sid-20201231.xsd#InventoriesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/InventoriesDetails1" xlink:href="sid-20201231.xsd#InventoriesDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/RecoverableTaxesDetails" xlink:href="sid-20201231.xsd#RecoverableTaxesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsDetails" xlink:href="sid-20201231.xsd#OtherCurrentAndNon-currentAssetsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsDetailsNarrative" xlink:href="sid-20201231.xsd#OtherCurrentAndNon-currentAssetsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails1" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails2" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails3" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails4" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails4" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails5" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails5" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails6" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails6" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails7" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails7" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetailsNarrative" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentDetails" xlink:href="sid-20201231.xsd#PropertyPlantAndEquipmentDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentDetails1" xlink:href="sid-20201231.xsd#PropertyPlantAndEquipmentDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentDetails2" xlink:href="sid-20201231.xsd#PropertyPlantAndEquipmentDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentDetailsNarrative" xlink:href="sid-20201231.xsd#PropertyPlantAndEquipmentDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssetsDetails" xlink:href="sid-20201231.xsd#IntangibleAssetsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssetsDetails1" xlink:href="sid-20201231.xsd#IntangibleAssetsDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssetsDetails2" xlink:href="sid-20201231.xsd#IntangibleAssetsDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssetsDetails3" xlink:href="sid-20201231.xsd#IntangibleAssetsDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssetsDetailsNarrative" xlink:href="sid-20201231.xsd#IntangibleAssetsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails1" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails2" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails3" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails4" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingDetails4" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetailsNarrative" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails1" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails2" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails3" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails4" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails4" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails5" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails5" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails6" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails6" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails7" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails7" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails8" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails8" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails9" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails9" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails10" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails10" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails11" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails11" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails12" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails12" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails13" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails13" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails14" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails14" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails15" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails15" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails16" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails16" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails17" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails17" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails18" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails18" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails19" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails19" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetailsNarrative" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherPayablesDetails" xlink:href="sid-20201231.xsd#OtherPayablesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherPayablesDetailsNarrative" xlink:href="sid-20201231.xsd#OtherPayablesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetails" xlink:href="sid-20201231.xsd#LeasesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetails1" xlink:href="sid-20201231.xsd#LeasesDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetails2" xlink:href="sid-20201231.xsd#LeasesDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetails3" xlink:href="sid-20201231.xsd#LeasesDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetails4" xlink:href="sid-20201231.xsd#LeasesDetails4" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetails5" xlink:href="sid-20201231.xsd#LeasesDetails5" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetailsNarrative" xlink:href="sid-20201231.xsd#LeasesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradePayablesDetails" xlink:href="sid-20201231.xsd#TradePayablesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails1" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails2" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails3" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails4" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetails4" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails5" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetails5" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetailsNarrative" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TaxesInInstallmentsDetails" xlink:href="sid-20201231.xsd#TaxesInInstallmentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails" xlink:href="sid-20201231.xsd#ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails1" xlink:href="sid-20201231.xsd#ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails2" xlink:href="sid-20201231.xsd#ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetailsNarrative" xlink:href="sid-20201231.xsd#ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetails" xlink:href="sid-20201231.xsd#ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetailsNarrative" xlink:href="sid-20201231.xsd#ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactionsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails1" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactionsDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails2" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactionsDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails3" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactionsDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetailsNarrative" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactionsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquityDetails" xlink:href="sid-20201231.xsd#ShareholdersEquityDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquityDetails1" xlink:href="sid-20201231.xsd#ShareholdersEquityDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquityDetails2" xlink:href="sid-20201231.xsd#ShareholdersEquityDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquityDetails3" xlink:href="sid-20201231.xsd#ShareholdersEquityDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquityDetailsNarrative" xlink:href="sid-20201231.xsd#ShareholdersEquityDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersCompensationDetails" xlink:href="sid-20201231.xsd#ShareholdersCompensationDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersCompensationDetailsNarrative" xlink:href="sid-20201231.xsd#ShareholdersCompensationDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/NetRevenueFromSalesDetails" xlink:href="sid-20201231.xsd#NetRevenueFromSalesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/NetRevenueFromSalesDetailsNarrative" xlink:href="sid-20201231.xsd#NetRevenueFromSalesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ExpensesByNatureDetails" xlink:href="sid-20201231.xsd#ExpensesByNatureDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ExpensesByNatureDetails1" xlink:href="sid-20201231.xsd#ExpensesByNatureDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ExpensesByNatureDetailsNarrative" xlink:href="sid-20201231.xsd#ExpensesByNatureDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherOperatingIncomeAndExpensesDetails" xlink:href="sid-20201231.xsd#OtherOperatingIncomeAndExpensesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherOperatingIncomeAndExpensesDetailsNarrative" xlink:href="sid-20201231.xsd#OtherOperatingIncomeAndExpensesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialIncomeExpensesDetails" xlink:href="sid-20201231.xsd#FinancialIncomeExpensesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialIncomeExpensesDetailsNarrative" xlink:href="sid-20201231.xsd#FinancialIncomeExpensesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SegmentInformationDetails" xlink:href="sid-20201231.xsd#SegmentInformationDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SegmentInformationDetailsNarrative" xlink:href="sid-20201231.xsd#SegmentInformationDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails1" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails2" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails3" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails4" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails4" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails5" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails5" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails6" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails6" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails7" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails7" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails8" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails8" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails9" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails9" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails10" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails10" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails11" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails11" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails12" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails12" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails13" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails13" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails14" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails14" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails15" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails15" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails16" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails16" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails17" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails17" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails18" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails18" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetailsNarrative" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/CommitmentsDetails" xlink:href="sid-20201231.xsd#CommitmentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/CommitmentsDetailsNarrative" xlink:href="sid-20201231.xsd#CommitmentsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/InsuranceDetailsNarrative" xlink:href="sid-20201231.xsd#InsuranceDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/AdditionalInformationToCashFlowsDetails" xlink:href="sid-20201231.xsd#AdditionalInformationToCashFlowsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SubsequentEventsDetailsNarrative" xlink:href="sid-20201231.xsd#SubsequentEventsDetailsNarrative" xlink:type="simple" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#hypercube-dimension" arcroleURI="http://xbrl.org/int/dim/arcrole/hypercube-dimension" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-domain" arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-domain" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#domain-member" arcroleURI="http://xbrl.org/int/dim/arcrole/domain-member" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#all" arcroleURI="http://xbrl.org/int/dim/arcrole/all" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#notAll" arcroleURI="http://xbrl.org/int/dim/arcrole/notAll" />
    <link:arcroleRef xlink:type="simple" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-default" arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-default" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/Cover" xlink:title="00000001 - Document - Cover" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BalanceSheets" xlink:title="00000002 - Statement - Consolidated Balance Sheets" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/StatementsOfIncome" xlink:title="00000003 - Statement - Consolidated Statements of Income" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/StatementsOfComprehensiveIncome" xlink:title="00000004 - Statement - Consolidated Statements of Comprehensive Income" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/StatementsOfCashFlows" xlink:title="00000005 - Statement - Consolidated Statements of Cash Flows" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/StatementOfChangesInShareholdersEquity" xlink:title="00000006 - Statement - Consolidated Statement of Changes in Shareholders&apos; Equity">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfChangesInEquityLineItems" xlink:label="loc_ifrs-fullStatementOfChangesInEquityLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfChangesInEquityTable" xlink:label="loc_ifrs-fullStatementOfChangesInEquityTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComponentsOfEquityAxis" xlink:label="loc_ifrs-fullComponentsOfEquityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullComponentsOfEquityAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityMember" xlink:label="loc_ifrs-fullEquityMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullEquityMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityMember" xlink:label="loc_ifrs-fullEquityMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullEquityMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PaidInCapitalMember" xlink:label="loc_sidPaidInCapitalMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_sidPaidInCapitalMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CapitalReserveMember" xlink:label="loc_ifrs-fullCapitalReserveMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_ifrs-fullCapitalReserveMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiscellaneousOtherReservesMember" xlink:label="loc_ifrs-fullMiscellaneousOtherReservesMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_ifrs-fullMiscellaneousOtherReservesMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RetainedEarningsMember" xlink:label="loc_ifrs-fullRetainedEarningsMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_ifrs-fullRetainedEarningsMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:label="loc_ifrs-fullAccumulatedOtherComprehensiveIncomeMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_ifrs-fullAccumulatedOtherComprehensiveIncomeMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:label="loc_ifrs-fullEquityAttributableToOwnersOfParentMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_ifrs-fullEquityAttributableToOwnersOfParentMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncontrollingInterestsMember" xlink:label="loc_ifrs-fullNoncontrollingInterestsMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_ifrs-fullNoncontrollingInterestsMember_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Equity" xlink:label="loc_ifrs-fullEquity_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullEquity_90" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AjustedOpeningBalancesEquity" xlink:label="loc_sidAjustedOpeningBalancesEquity_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidAjustedOpeningBalancesEquity_90" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IssueOfEquity" xlink:label="loc_ifrs-fullIssueOfEquity_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullIssueOfEquity_90" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfTreasuryShares" xlink:label="loc_ifrs-fullPurchaseOfTreasuryShares_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullPurchaseOfTreasuryShares_90" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProposedCapitalIncrease" xlink:label="loc_sidProposedCapitalIncrease_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidProposedCapitalIncrease_90" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsPaidOrdinaryShares" xlink:label="loc_ifrs-fullDividendsPaidOrdinaryShares_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullDividendsPaidOrdinaryShares_90" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:label="loc_ifrs-fullPurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullPurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod_90" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:label="loc_ifrs-fullDividendsRecognisedAsDistributionsToNoncontrollingInterests_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullDividendsRecognisedAsDistributionsToNoncontrollingInterests_90" xlink:type="arc" order="8" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProfitOnDisposalOfShares" xlink:label="loc_sidProfitOnDisposalOfShares_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidProfitOnDisposalOfShares_90" xlink:type="arc" order="9" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ComprehensiveIncomeLoss" xlink:label="loc_sidComprehensiveIncomeLoss_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidComprehensiveIncomeLoss_90" xlink:type="arc" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="loc_ifrs-fullProfitLoss_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullProfitLoss_90" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherComprehensiveIncomeLoss" xlink:label="loc_sidOtherComprehensiveIncomeLoss_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidOtherComprehensiveIncomeLoss_90" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:label="loc_ifrs-fullGainsLossesOnExchangeDifferencesOnTranslationNetOfTax_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullGainsLossesOnExchangeDifferencesOnTranslationNetOfTax_90" xlink:type="arc" order="13" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialGainsLossesNetDefinedBenefitLiabilityAsset" xlink:label="loc_sidActuarialGainsLossesNetDefinedBenefitLiabilityAsset_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidActuarialGainsLossesNetDefinedBenefitLiabilityAsset_90" xlink:type="arc" order="14" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnAvailableforsaleFinancialAssets" xlink:label="loc_ifrs-fullGainsLossesOnAvailableforsaleFinancialAssets_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullGainsLossesOnAvailableforsaleFinancialAssets_90" xlink:type="arc" order="15" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1" xlink:label="loc_sidGainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidGainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1_90" xlink:type="arc" order="16" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnHedgingInstrument" xlink:label="loc_ifrs-fullGainsLossesOnHedgingInstrument_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullGainsLossesOnHedgingInstrument_90" xlink:type="arc" order="17" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:label="loc_ifrs-fullGainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullGainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax_90" xlink:type="arc" order="18" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GainLossOnBusinessCombination" xlink:label="loc_sidGainLossOnBusinessCombination_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidGainLossOnBusinessCombination_90" xlink:type="arc" order="19" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InternalChangesInShareholdersEquity" xlink:label="loc_sidInternalChangesInShareholdersEquity_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidInternalChangesInShareholdersEquity_90" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves" xlink:label="loc_sidIncreaseDecreaseThroughTransferToMiscellaneousOtherReserves_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidIncreaseDecreaseThroughTransferToMiscellaneousOtherReserves_90" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NoncontrollingInterestsInSubsidiaries" xlink:label="loc_sidNoncontrollingInterestsInSubsidiaries_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidNoncontrollingInterestsInSubsidiaries_90" xlink:type="arc" order="22" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/DescriptionOfBusiness" xlink:title="00000007 - Disclosure - 1. DESCRIPTION OF BUSINESS" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/SummaryOfSignificantAccountingPolicies" xlink:title="00000008 - Disclosure - 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ImpactsOfCovid-19" xlink:title="00000009 - Disclosure - 3. IMPACTS OF COVID-19" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/CashAndCashEquivalents" xlink:title="00000010 - Disclosure - 4. CASH AND CASH EQUIVALENTS" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInvestments" xlink:title="00000011 - Disclosure - 5. FINANCIAL INVESTMENTS" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradeReceivables" xlink:title="00000012 - Disclosure - 6. TRADE RECEIVABLES" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/Inventories" xlink:title="00000013 - Disclosure - 7. INVENTORIES" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/RecoverableTaxes" xlink:title="00000014 - Disclosure - 8. RECOVERABLE TAXES" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherCurrentAndNon-currentAssets" xlink:title="00000015 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliates" xlink:title="00000016 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/PropertyPlantAndEquipment" xlink:title="00000017 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssets" xlink:title="00000018 - Disclosure - 12. INTANGIBLE ASSETS" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancing" xlink:title="00000019 - Disclosure - 13. BORROWINGS AND FINANCING" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstruments" xlink:title="00000020 - Disclosure - 14. FINANCIAL INSTRUMENTS" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherPayables" xlink:title="00000021 - Disclosure - 15. OTHER PAYABLES" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/Leases" xlink:title="00000022 - Disclosure - 16. LEASES" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradePayables" xlink:title="00000023 - Disclosure - 17. TRADE PAYABLES" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributions" xlink:title="00000024 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTIONS" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/TaxesInInstallments" xlink:title="00000025 - Disclosure - 19. TAXES IN INSTALLMENTS" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDeposits" xlink:title="00000026 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligations" xlink:title="00000027 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMENT OBLIGATIONS" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactions" xlink:title="00000028 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquity" xlink:title="00000029 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersCompensation" xlink:title="00000030 - Disclosure - 24. Shareholders&apos; Compensation" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/NetRevenueFromSales" xlink:title="00000031 - Disclosure - 25. NET REVENUE FROM SALES" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ExpensesByNature" xlink:title="00000032 - Disclosure - 26. EXPENSES BY NATURE" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherOperatingIncomeAndExpenses" xlink:title="00000033 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialIncomeExpenses" xlink:title="00000034 - Disclosure - 28. FINANCIAL INCOME (EXPENSES)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/SegmentInformation" xlink:title="00000035 - Disclosure - 29. SEGMENT INFORMATION" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefits" xlink:title="00000036 - Disclosure - 30. EMPLOYEE BENEFITS" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/Commitments" xlink:title="00000037 - Disclosure - 31. COMMITMENTS" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/Insurance" xlink:title="00000038 - Disclosure - 32. INSURANCE" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/AdditionalInformationToCashFlows" xlink:title="00000039 - Disclosure - 33. ADDITIONAL INFORMATION TO CASH FLOWS" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/SubsequentEvents" xlink:title="00000040 - Disclosure - 34. SUBSEQUENT EVENTS" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/SummaryOfSignificantAccountingPoliciesPolicies" xlink:title="00000041 - Disclosure - 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/CashAndCashEquivalentsTables" xlink:title="00000042 - Disclosure - 4. CASH AND CASH EQUIVALENTS (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInvestmentsTables" xlink:title="00000043 - Disclosure - 5. FINANCIAL INVESTMENTS (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradeReceivablesTables" xlink:title="00000044 - Disclosure - 6. TRADE RECEIVABLES (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/InventoriesTables" xlink:title="00000045 - Disclosure - 7. INVENTORIES (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/RecoverableTaxesTables" xlink:title="00000046 - Disclosure - 8. RECOVERABLE TAXES (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsTables" xlink:title="00000047 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables" xlink:title="00000048 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/PropertyPlantAndEquipmentTables" xlink:title="00000049 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssetsTables" xlink:title="00000050 - Disclosure - 12. INTANGIBLE ASSETS (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingTables" xlink:title="00000051 - Disclosure - 13. BORROWINGS AND FINANCING (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsTables" xlink:title="00000052 - Disclosure - 14. FINANCIAL INSTRUMENTS (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherPayablesTables" xlink:title="00000053 - Disclosure - 15. OTHER PAYABLES (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesTables" xlink:title="00000054 - Disclosure - 16. LEASES (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradePayablesTables" xlink:title="00000055 - Disclosure - 17. TRADE PAYABLES (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionsTables" xlink:title="00000056 - Disclosure - 18.INCOME TAX AND SOCIAL CONTRIBUTIONS  (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/TaxesInInstallmentsTables" xlink:title="00000057 - Disclosure - 19. TAXES IN INSTALLMENTS (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTables" xlink:title="00000058 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsTables" xlink:title="00000059 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactionsTables" xlink:title="00000060 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquityTables" xlink:title="00000061 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersCompensationTables" xlink:title="00000062 - Disclosure - 24. Shareholders&apos; Compensation (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/NetRevenueFromSalesTables" xlink:title="00000063 - Disclosure - 25. NET REVENUE FROM SALES (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ExpensesByNatureTables" xlink:title="00000064 - Disclosure - 26. EXPENSES BY NATURE (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherOperatingIncomeAndExpensesTables" xlink:title="00000065 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialIncomeExpensesTables" xlink:title="00000066 - Disclosure - 28. FINANCIAL INCOME (EXPENSES) (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/SegmentInformationTables" xlink:title="00000067 - Disclosure - 29. SEGMENT INFORMATION (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsTables" xlink:title="00000068 - Disclosure - 30. EMPLOYEE BENEFITS (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/CommitmentsTables" xlink:title="00000069 - Disclosure - 31. COMMITMENTS (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/AdditionalInformationToCashFlowsTables" xlink:title="00000070 - Disclosure - 33. ADDITIONAL INFORMATION TO CASH FLOWS  (Tables)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/DescriptionOfBusinessDetailsNarrative" xlink:title="00000071 - Disclosure - 1. DESCRIPTION OF BUSINESS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfBusinessLineItems" xlink:label="loc_sidDescriptionOfBusinessLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfBusinessTable" xlink:label="loc_sidDescriptionOfBusinessTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_sidDescriptionOfBusinessTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidDescriptionOfBusinessTable" xlink:to="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiningPropertyMember" xlink:label="loc_ifrs-fullMiningPropertyMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullMiningPropertyMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CementMember" xlink:label="loc_sidCementMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_sidCementMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:label="loc_ifrs-fullNonadjustingEventsAfterReportingPeriodAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidDescriptionOfBusinessTable" xlink:to="loc_ifrs-fullNonadjustingEventsAfterReportingPeriodAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NonadjustingEventsMember" xlink:label="loc_ifrs-fullNonadjustingEventsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullNonadjustingEventsAfterReportingPeriodAxis" xlink:to="loc_ifrs-fullNonadjustingEventsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NonadjustingEventsMember" xlink:label="loc_ifrs-fullNonadjustingEventsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullNonadjustingEventsAfterReportingPeriodAxis" xlink:to="loc_ifrs-fullNonadjustingEventsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EventsAfterReportingPeriodMember" xlink:label="loc_sidEventsAfterReportingPeriodMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullNonadjustingEventsMember" xlink:to="loc_sidEventsAfterReportingPeriodMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfOperatingActivities" xlink:label="loc_sidNumberOfOperatingActivities_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_sidNumberOfOperatingActivities_60" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:label="loc_ifrs-fullInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_ifrs-fullInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_60" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SelfSufficientInstalledCapacity" xlink:label="loc_sidSelfSufficientInstalledCapacity_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_sidSelfSufficientInstalledCapacity_60" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AmortizationOfLoansAndFinancing" xlink:label="loc_sidAmortizationOfLoansAndFinancing_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_sidAmortizationOfLoansAndFinancing_60" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:label="loc_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities_60" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NotionalAmount" xlink:label="loc_ifrs-fullNotionalAmount_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_ifrs-fullNotionalAmount_60" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfProductionProcess" xlink:label="loc_sidDescriptionOfProductionProcess_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_sidDescriptionOfProductionProcess_60" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingMaturity" xlink:label="loc_sidBorrowingMaturity_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_sidBorrowingMaturity_60" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Liquidity" xlink:label="loc_sidLiquidity_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_sidLiquidity_60" xlink:type="arc" order="8" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" xlink:title="00000072 - Disclosure - 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfChangesInAccountingEstimatesLineItems" xlink:label="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfChangesInAccountingEstimatesTable" xlink:label="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesLineItems" xlink:to="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesTable" xlink:to="loc_srtCurrencyAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd#country_US" xlink:label="loc_countryUS_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_countryUS_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BrazilianReaisMember" xlink:label="loc_sidBrazilianReaisMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_sidBrazilianReaisMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_EUR" xlink:label="loc_currencyEUR_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyEUR_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BrazilianCentralBankMember" xlink:label="loc_sidBrazilianCentralBankMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_sidBrazilianCentralBankMember_40" xlink:type="arc" order="42" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRates" xlink:label="loc_sidExchangeRates_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesLineItems" xlink:to="loc_sidExchangeRates_70" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ImpactsOfCovid-19DetailsNarrative" xlink:title="00000073 - Disclosure - 3. IMPACTS OF COVID-19 (Details Narrative)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/CashAndCashEquivalentsDetails" xlink:title="00000074 - Disclosure - 4. CASH AND CASH EQUIVALENTS (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashAndCashEquivalentLineItems" xlink:label="loc_sidCashAndCashEquivalentLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashAndCashEquivalentTable" xlink:label="loc_sidCashAndCashEquivalentTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidCashAndCashEquivalentLineItems" xlink:to="loc_sidCashAndCashEquivalentTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasAxis" xlink:label="loc_ifrs-fullGeographicalAreasAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidCashAndCashEquivalentTable" xlink:to="loc_ifrs-fullGeographicalAreasAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasMember" xlink:label="loc_ifrs-fullGeographicalAreasMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullGeographicalAreasAxis" xlink:to="loc_ifrs-fullGeographicalAreasMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasMember" xlink:label="loc_ifrs-fullGeographicalAreasMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullGeographicalAreasAxis" xlink:to="loc_ifrs-fullGeographicalAreasMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd#country_BR" xlink:label="loc_countryBR_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_countryBR_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AbroadMember" xlink:label="loc_sidAbroadMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_sidAbroadMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAndCashEquivalentsAbstract" xlink:label="loc_ifrs-fullCashAndCashEquivalentsAbstract_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidCashAndCashEquivalentLineItems" xlink:to="loc_ifrs-fullCashAndCashEquivalentsAbstract_70" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BalancesWithBanks" xlink:label="loc_ifrs-fullBalancesWithBanks_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCashAndCashEquivalentsAbstract_70" xlink:to="loc_ifrs-fullBalancesWithBanks_70" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShorttermInvestmentsClassifiedAsCashEquivalents" xlink:label="loc_ifrs-fullShorttermInvestmentsClassifiedAsCashEquivalents_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCashAndCashEquivalentsAbstract_70" xlink:to="loc_ifrs-fullShorttermInvestmentsClassifiedAsCashEquivalents_70" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="loc_ifrs-fullCashAndCashEquivalents_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCashAndCashEquivalentsAbstract_70" xlink:to="loc_ifrs-fullCashAndCashEquivalents_70" xlink:type="arc" order="3" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInvestmentsDetails" xlink:title="00000075 - Disclosure - 5. FINANCIAL INVESTMENTS (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfFinancialInvestmentsLineItems" xlink:label="loc_sidDisclosureOfFinancialInvestmentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfFinancialInvestmentsTable" xlink:label="loc_sidDisclosureOfFinancialInvestmentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidDisclosureOfFinancialInvestmentsLineItems" xlink:to="loc_sidDisclosureOfFinancialInvestmentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" xlink:label="loc_ifrs-fullClassesOfFinancialAssetsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidDisclosureOfFinancialInvestmentsTable" xlink:to="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InvestmentMember" xlink:label="loc_sidInvestmentMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidInvestmentMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UsiminasSharesMember" xlink:label="loc_sidUsiminasSharesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidUsiminasSharesMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondMember" xlink:label="loc_sidBondMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidBondMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInvestmentCurrent" xlink:label="loc_sidFinancialInvestmentCurrent_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDisclosureOfFinancialInvestmentsLineItems" xlink:to="loc_sidFinancialInvestmentCurrent_90" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInvestmentNonCurrent" xlink:label="loc_sidFinancialInvestmentNonCurrent_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDisclosureOfFinancialInvestmentsLineItems" xlink:to="loc_sidFinancialInvestmentNonCurrent_90" xlink:type="arc" order="1" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradeReceivablesDetails" xlink:title="00000076 - Disclosure - 6. TRADE RECEIVABLES (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradeAndOtherReceivablesLineItems" xlink:label="loc_sidTradeAndOtherReceivablesLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradeAndOtherReceivablesTable" xlink:label="loc_sidTradeAndOtherReceivablesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidTradeAndOtherReceivablesLineItems" xlink:to="loc_sidTradeAndOtherReceivablesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidTradeAndOtherReceivablesTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ThirdPartiesMember" xlink:label="loc_sidThirdPartiesMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_sidThirdPartiesMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RelatedPartieMember" xlink:label="loc_sidRelatedPartieMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_sidRelatedPartieMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasAxis" xlink:label="loc_ifrs-fullGeographicalAreasAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidTradeAndOtherReceivablesTable" xlink:to="loc_ifrs-fullGeographicalAreasAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasMember" xlink:label="loc_ifrs-fullGeographicalAreasMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullGeographicalAreasAxis" xlink:to="loc_ifrs-fullGeographicalAreasMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasMember" xlink:label="loc_ifrs-fullGeographicalAreasMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullGeographicalAreasAxis" xlink:to="loc_ifrs-fullGeographicalAreasMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CountryOfDomicileMember" xlink:label="loc_ifrs-fullCountryOfDomicileMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_ifrs-fullCountryOfDomicileMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ForeignCountriesMember" xlink:label="loc_ifrs-fullForeignCountriesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_ifrs-fullForeignCountriesMember_10" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="loc_ifrs-fullAllowanceAccountForCreditLossesOfFinancialAssets_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidTradeAndOtherReceivablesLineItems" xlink:to="loc_ifrs-fullAllowanceAccountForCreditLossesOfFinancialAssets_110" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossTradeReceivable" xlink:label="loc_sidGrossTradeReceivable_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidTradeAndOtherReceivablesLineItems" xlink:to="loc_sidGrossTradeReceivable_110" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradeReceivableAfterAllowanceForDoubtfulDebts" xlink:label="loc_sidTradeReceivableAfterAllowanceForDoubtfulDebts_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidTradeAndOtherReceivablesLineItems" xlink:to="loc_sidTradeReceivableAfterAllowanceForDoubtfulDebts_110" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeReceivables" xlink:label="loc_ifrs-fullTradeReceivables_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidTradeAndOtherReceivablesLineItems" xlink:to="loc_ifrs-fullTradeReceivables_110" xlink:type="arc" order="3" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradeReceivablesDetails1" xlink:title="00000077 - Disclosure - 6. TRADE RECEIVABLES (Details 1)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradeAndOtherReceivablesLineItems" xlink:label="loc_sidTradeAndOtherReceivablesLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradeAndOtherReceivablesTable" xlink:label="loc_sidTradeAndOtherReceivablesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidTradeAndOtherReceivablesLineItems" xlink:to="loc_sidTradeAndOtherReceivablesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidTradeAndOtherReceivablesTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ThirdPartiesMember" xlink:label="loc_sidThirdPartiesMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_sidThirdPartiesMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PastDueStatusAxis" xlink:label="loc_ifrs-fullPastDueStatusAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidTradeAndOtherReceivablesTable" xlink:to="loc_ifrs-fullPastDueStatusAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PastDueStatusMember" xlink:label="loc_ifrs-fullPastDueStatusMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullPastDueStatusAxis" xlink:to="loc_ifrs-fullPastDueStatusMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PastDueStatusMember" xlink:label="loc_ifrs-fullPastDueStatusMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullPastDueStatusAxis" xlink:to="loc_ifrs-fullPastDueStatusMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentMember" xlink:label="loc_ifrs-fullCurrentMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPastDueStatusMember" xlink:to="loc_ifrs-fullCurrentMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NotLaterThanOneMonthsMember" xlink:label="loc_sidNotLaterThanOneMonthsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPastDueStatusMember" xlink:to="loc_sidNotLaterThanOneMonthsMember_10" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:label="loc_ifrs-fullLaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPastDueStatusMember" xlink:to="loc_ifrs-fullLaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_20" xlink:type="arc" order="22" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanThreeMonthsMember" xlink:label="loc_ifrs-fullLaterThanThreeMonthsMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPastDueStatusMember" xlink:to="loc_ifrs-fullLaterThanThreeMonthsMember_30" xlink:type="arc" order="32" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossTradeReceivable" xlink:label="loc_sidGrossTradeReceivable_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidTradeAndOtherReceivablesLineItems" xlink:to="loc_sidGrossTradeReceivable_110" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradeReceivablesDetails2" xlink:title="00000078 - Disclosure - 6. TRADE RECEIVABLES (Details 2)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/InventoriesDetails" xlink:title="00000079 - Disclosure - 7. INVENTORIES (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoriesLineItems" xlink:label="loc_sidInventoriesLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoriesTable" xlink:label="loc_sidInventoriesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidInventoriesLineItems" xlink:to="loc_sidInventoriesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="loc_ifrs-fullClassesOfAssetsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidInventoriesTable" xlink:to="loc_ifrs-fullClassesOfAssetsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_WorkInProgressMember" xlink:label="loc_sidWorkInProgressMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidWorkInProgressMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinishedGoodsMember" xlink:label="loc_sidFinishedGoodsMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidFinishedGoodsMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RawMaterialsMember" xlink:label="loc_sidRawMaterialsMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidRawMaterialsMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SparePartsMember" xlink:label="loc_sidSparePartsMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidSparePartsMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdvancesToSuppliersMember" xlink:label="loc_sidAdvancesToSuppliersMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidAdvancesToSuppliersMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoryGrossAmount" xlink:label="loc_sidInventoryGrossAmount_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidInventoriesLineItems" xlink:to="loc_sidInventoryGrossAmount_130" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoryProvisionsForLosses" xlink:label="loc_sidInventoryProvisionsForLosses_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidInventoriesLineItems" xlink:to="loc_sidInventoryProvisionsForLosses_130" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InventoriesAtNetRealisableValue" xlink:label="loc_ifrs-fullInventoriesAtNetRealisableValue_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidInventoriesLineItems" xlink:to="loc_ifrs-fullInventoriesAtNetRealisableValue_130" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Inventories" xlink:label="loc_ifrs-fullInventories_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidInventoriesLineItems" xlink:to="loc_ifrs-fullInventories_130" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentInventories" xlink:label="loc_ifrs-fullNoncurrentInventories_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidInventoriesLineItems" xlink:to="loc_ifrs-fullNoncurrentInventories_130" xlink:type="arc" order="4" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/InventoriesDetails1" xlink:title="00000080 - Disclosure - 7. INVENTORIES (Details 1)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/RecoverableTaxesDetails" xlink:title="00000081 - Disclosure - 8. RECOVERABLE TAXES (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecoverableTaxesLineItems" xlink:label="loc_sidRecoverableTaxesLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecoverableTaxesTable" xlink:label="loc_sidRecoverableTaxesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidRecoverableTaxesLineItems" xlink:to="loc_sidRecoverableTaxesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="loc_ifrs-fullClassesOfAssetsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidRecoverableTaxesTable" xlink:to="loc_ifrs-fullClassesOfAssetsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_StateValueAddedTaxMember" xlink:label="loc_sidStateValueAddedTaxMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidStateValueAddedTaxMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BrazilianFederalContributionsMember" xlink:label="loc_sidBrazilianFederalContributionsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidBrazilianFederalContributionsMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherTaxesMember" xlink:label="loc_sidOtherTaxesMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidOtherTaxesMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax" xlink:label="loc_ifrs-fullReceivablesFromTaxesOtherThanIncomeTax_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidRecoverableTaxesLineItems" xlink:to="loc_ifrs-fullReceivablesFromTaxesOtherThanIncomeTax_90" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="loc_ifrs-fullCurrentReceivablesFromTaxesOtherThanIncomeTax_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidRecoverableTaxesLineItems" xlink:to="loc_ifrs-fullCurrentReceivablesFromTaxesOtherThanIncomeTax_90" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="loc_ifrs-fullNoncurrentReceivablesFromTaxesOtherThanIncomeTax_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidRecoverableTaxesLineItems" xlink:to="loc_ifrs-fullNoncurrentReceivablesFromTaxesOtherThanIncomeTax_90" xlink:type="arc" order="2" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsDetails" xlink:title="00000082 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherCurrentAndNonCurrentAssetsLineItems" xlink:label="loc_sidOtherCurrentAndNonCurrentAssetsLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherCurrentAndNonCurrentAssetsTable" xlink:label="loc_sidOtherCurrentAndNonCurrentAssetsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidOtherCurrentAndNonCurrentAssetsLineItems" xlink:to="loc_sidOtherCurrentAndNonCurrentAssetsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="loc_ifrs-fullClassesOfAssetsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidOtherCurrentAndNonCurrentAssetsTable" xlink:to="loc_ifrs-fullClassesOfAssetsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_JudicialDepositsMember" xlink:label="loc_sidJudicialDepositsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidJudicialDepositsMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CreditsWithThePGFNMember" xlink:label="loc_sidCreditsWithThePGFNMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidCreditsWithThePGFNMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PrepaidExpensesMember" xlink:label="loc_sidPrepaidExpensesMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidPrepaidExpensesMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PrepaidExpensesWithSeaFreightMember" xlink:label="loc_sidPrepaidExpensesWithSeaFreightMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidPrepaidExpensesWithSeaFreightMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssetRelatedPartyMember" xlink:label="loc_sidActuarialAssetRelatedPartyMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidActuarialAssetRelatedPartyMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DerivativeFinancialInstrumentsMember" xlink:label="loc_sidDerivativeFinancialInstrumentsMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidDerivativeFinancialInstrumentsMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SecuritiesHeldForTradingMember" xlink:label="loc_sidSecuritiesHeldForTradingMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidSecuritiesHeldForTradingMember_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LoansWithRelatedPartiesMember" xlink:label="loc_sidLoansWithRelatedPartiesMember_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidLoansWithRelatedPartiesMember_70" xlink:type="arc" order="71" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherReceivablesFromRelatedPartiesMember" xlink:label="loc_sidOtherReceivablesFromRelatedPartiesMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidOtherReceivablesFromRelatedPartiesMember_80" xlink:type="arc" order="81" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherReceivablesMember" xlink:label="loc_sidOtherReceivablesMember_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidOtherReceivablesMember_90" xlink:type="arc" order="91" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember" xlink:label="loc_sidMonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidMonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember_100" xlink:type="arc" order="101" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsReceivableMember" xlink:label="loc_sidDividendsReceivableMember_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidDividendsReceivableMember_110" xlink:type="arc" order="111" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DebitOfEmployeesMember" xlink:label="loc_sidDebitOfEmployeesMember_120" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidDebitOfEmployeesMember_120" xlink:type="arc" order="121" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReceivablesByIndemnityMember" xlink:label="loc_sidReceivablesByIndemnityMember_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidReceivablesByIndemnityMember_130" xlink:type="arc" order="131" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherMember" xlink:label="loc_sidOtherMember_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidOtherMember_140" xlink:type="arc" order="141" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentNonfinancialAssets" xlink:label="loc_ifrs-fullOtherCurrentNonfinancialAssets_330" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidOtherCurrentAndNonCurrentAssetsLineItems" xlink:to="loc_ifrs-fullOtherCurrentNonfinancialAssets_330" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentNonfinancialAssets" xlink:label="loc_ifrs-fullOtherNoncurrentNonfinancialAssets_330" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidOtherCurrentAndNonCurrentAssetsLineItems" xlink:to="loc_ifrs-fullOtherNoncurrentNonfinancialAssets_330" xlink:type="arc" order="1" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsDetailsNarrative" xlink:title="00000083 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherCurrentAndNonCurrentAssetsLineItems" xlink:label="loc_sidOtherCurrentAndNonCurrentAssetsLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherCurrentAndNonCurrentAssetsTable" xlink:label="loc_sidOtherCurrentAndNonCurrentAssetsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidOtherCurrentAndNonCurrentAssetsLineItems" xlink:to="loc_sidOtherCurrentAndNonCurrentAssetsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="loc_ifrs-fullClassesOfAssetsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidOtherCurrentAndNonCurrentAssetsTable" xlink:to="loc_ifrs-fullClassesOfAssetsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember" xlink:label="loc_sidMonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidMonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GainOnRecoveryOfCredits" xlink:label="loc_sidGainOnRecoveryOfCredits_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidOtherCurrentAndNonCurrentAssetsLineItems" xlink:to="loc_sidGainOnRecoveryOfCredits_40" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReceivableForIndemnification" xlink:label="loc_sidReceivableForIndemnification_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidOtherCurrentAndNonCurrentAssetsLineItems" xlink:to="loc_sidReceivableForIndemnification_40" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialResult" xlink:label="loc_sidFinancialResult_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidOtherCurrentAndNonCurrentAssetsLineItems" xlink:to="loc_sidFinancialResult_40" xlink:type="arc" order="2" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails" xlink:title="00000084 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:label="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" xlink:label="loc_ifrs-fullEntitysTotalForSubsidiariesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" xlink:label="loc_ifrs-fullEntitysTotalForSubsidiariesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_ifrs-fullEntitysTotalForSubsidiariesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNIslandsVIICorpMember" xlink:label="loc_sidCSNIslandsVIICorpMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNIslandsVIICorpMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNInovaVenturesMember" xlink:label="loc_sidCSNInovaVenturesMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNInovaVenturesMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNIslandsXIICorpMember" xlink:label="loc_sidCSNIslandsXIICorpMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNIslandsXIICorpMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNSteelSLUMember" xlink:label="loc_sidCSNSteelSLUMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNSteelSLUMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TdBBSAMember" xlink:label="loc_sidTdBBSAMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidTdBBSAMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SepetibaTeconSAMember" xlink:label="loc_sidSepetibaTeconSAMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidSepetibaTeconSAMember_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MineriosNacionalSAMember" xlink:label="loc_sidMineriosNacionalSAMember_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidMineriosNacionalSAMember_70" xlink:type="arc" order="71" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompanhiaFlorestaldoBrasilMember" xlink:label="loc_sidCompanhiaFlorestaldoBrasilMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCompanhiaFlorestaldoBrasilMember_80" xlink:type="arc" order="81" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EstanhoDeRondoniaSAMember" xlink:label="loc_sidEstanhoDeRondoniaSAMember_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidEstanhoDeRondoniaSAMember_90" xlink:type="arc" order="91" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompanhiaMetalurgicaPradaMember" xlink:label="loc_sidCompanhiaMetalurgicaPradaMember_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCompanhiaMetalurgicaPradaMember_100" xlink:type="arc" order="101" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMineracaoSAMember" xlink:label="loc_sidCSNMineracaoSAMember_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNMineracaoSAMember_110" xlink:type="arc" order="111" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNEnergiaSAMember" xlink:label="loc_sidCSNEnergiaSAMember_120" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNEnergiaSAMember_120" xlink:type="arc" order="121" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FTLFerroviaTransnordestinaLogisticaSAMember" xlink:label="loc_sidFTLFerroviaTransnordestinaLogisticaSAMember_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidFTLFerroviaTransnordestinaLogisticaSAMember_130" xlink:type="arc" order="131" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NordesteLogisticaSAMember" xlink:label="loc_sidNordesteLogisticaSAMember_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidNordesteLogisticaSAMember_140" xlink:type="arc" order="141" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNInovaLtdMember" xlink:label="loc_sidCSNInovaLtdMember_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNInovaLtdMember_150" xlink:type="arc" order="151" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNEquipamentosSAMember" xlink:label="loc_sidCSNEquipamentosSAMember_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNEquipamentosSAMember_160" xlink:type="arc" order="161" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember" xlink:label="loc_sidCBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember_170" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember_170" xlink:type="arc" order="171" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNCimentosSAMember" xlink:label="loc_sidCSNCimentosSAMember_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNCimentosSAMember_180" xlink:type="arc" order="181" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LusosiderProjectosSiderurgicosSAMember" xlink:label="loc_sidLusosiderProjectosSiderurgicosSAMember_190" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidLusosiderProjectosSiderurgicosSAMember_190" xlink:type="arc" order="191" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LusosiderAcosPlanosSAMember" xlink:label="loc_sidLusosiderAcosPlanosSAMember_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidLusosiderAcosPlanosSAMember_200" xlink:type="arc" order="201" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNResourcesSAMember" xlink:label="loc_sidCSNResourcesSAMember_210" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNResourcesSAMember_210" xlink:type="arc" order="211" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompanhiaBrasileiraDeLatasMember" xlink:label="loc_sidCompanhiaBrasileiraDeLatasMember_220" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCompanhiaBrasileiraDeLatasMember_220" xlink:type="arc" order="221" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompanhiaDeEmbalagensMetalicasMMSAMember" xlink:label="loc_sidCompanhiaDeEmbalagensMetalicasMMSAMember_230" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCompanhiaDeEmbalagensMetalicasMMSAMember_230" xlink:type="arc" order="231" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompanhiaDeEmbalagensMetalicasMTMMember" xlink:label="loc_sidCompanhiaDeEmbalagensMetalicasMTMMember_240" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCompanhiaDeEmbalagensMetalicasMTMMember_240" xlink:type="arc" order="241" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNSteelHoldings1SLUMember" xlink:label="loc_sidCSNSteelHoldings1SLUMember_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNSteelHoldings1SLUMember_250" xlink:type="arc" order="251" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNProductosSiderurgicosSLMember" xlink:label="loc_sidCSNProductosSiderurgicosSLMember_260" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNProductosSiderurgicosSLMember_260" xlink:type="arc" order="261" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_StalhwerkThuringenGmbHMember" xlink:label="loc_sidStalhwerkThuringenGmbHMember_270" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidStalhwerkThuringenGmbHMember_270" xlink:type="arc" order="271" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNSteelSectionsUKLimitedMember" xlink:label="loc_sidCSNSteelSectionsUKLimitedMember_280" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNSteelSectionsUKLimitedMember_280" xlink:type="arc" order="281" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNSteelSectionsPolskaSpZooMember" xlink:label="loc_sidCSNSteelSectionsPolskaSpZooMember_290" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNSteelSectionsPolskaSpZooMember_290" xlink:type="arc" order="291" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMiningHoldingSLMember" xlink:label="loc_sidCSNMiningHoldingSLMember_300" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNMiningHoldingSLMember_300" xlink:type="arc" order="301" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMiningGmbHMember" xlink:label="loc_sidCSNMiningGmbHMember_310" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNMiningGmbHMember_310" xlink:type="arc" order="311" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMiningAsiaLimitedMember" xlink:label="loc_sidCSNMiningAsiaLimitedMember_320" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNMiningAsiaLimitedMember_320" xlink:type="arc" order="321" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LusosiderIbericaSAMember" xlink:label="loc_sidLusosiderIbericaSAMember_330" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidLusosiderIbericaSAMember_330" xlink:type="arc" order="331" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSMiningPortugalUnipessoalLdaMember" xlink:label="loc_sidCSMiningPortugalUnipessoalLdaMember_340" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSMiningPortugalUnipessoalLdaMember_340" xlink:type="arc" order="341" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompanhiaSiderurgicaNacionalLLCMember" xlink:label="loc_sidCompanhiaSiderurgicaNacionalLLCMember_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCompanhiaSiderurgicaNacionalLLCMember_350" xlink:type="arc" order="351" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNCimentosSA1Member" xlink:label="loc_sidCSNCimentosSA1Member_360" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNCimentosSA1Member_360" xlink:type="arc" order="361" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_JointOperationsAxis" xlink:label="loc_ifrs-fullJointOperationsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullJointOperationsAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForJointOperationsMember" xlink:label="loc_ifrs-fullEntitysTotalForJointOperationsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullJointOperationsAxis" xlink:to="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForJointOperationsMember" xlink:label="loc_ifrs-fullEntitysTotalForJointOperationsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullJointOperationsAxis" xlink:to="loc_ifrs-fullEntitysTotalForJointOperationsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ItaEnergeticaSAMember" xlink:label="loc_sidItaEnergeticaSAMember_370" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidItaEnergeticaSAMember_370" xlink:type="arc" order="371" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember" xlink:label="loc_sidConsorcioDaUsinaHidreletricaDeIgarapavaMember_380" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidConsorcioDaUsinaHidreletricaDeIgarapavaMember_380" xlink:type="arc" order="381" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSLogisticaSAMember" xlink:label="loc_sidMRSLogisticaSAMember_390" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidMRSLogisticaSAMember_390" xlink:type="arc" order="391" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AcerosDelOrinocoSAMember" xlink:label="loc_sidAcerosDelOrinocoSAMember_400" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidAcerosDelOrinocoSAMember_400" xlink:type="arc" order="401" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransnordestinaLogisticaSAMember" xlink:label="loc_sidTransnordestinaLogisticaSAMember_410" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidTransnordestinaLogisticaSAMember_410" xlink:type="arc" order="411" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquimacSAMember" xlink:label="loc_sidEquimacSAMember_420" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidEquimacSAMember_420" xlink:type="arc" order="421" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSLogisticaSA1Member" xlink:label="loc_sidMRSLogisticaSA1Member_890" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidMRSLogisticaSA1Member_890" xlink:type="arc" order="891" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:label="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForAssociatesMember" xlink:label="loc_ifrs-fullEntitysTotalForAssociatesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" xlink:to="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForAssociatesMember" xlink:label="loc_ifrs-fullEntitysTotalForAssociatesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" xlink:to="loc_ifrs-fullEntitysTotalForAssociatesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ArvediMetalferDoBrasilSAMember" xlink:label="loc_sidArvediMetalferDoBrasilSAMember_430" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidArvediMetalferDoBrasilSAMember_430" xlink:type="arc" order="431" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_UnconsolidatedStructuredEntitiesAxis" xlink:label="loc_ifrs-fullUnconsolidatedStructuredEntitiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullUnconsolidatedStructuredEntitiesAxis" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember" xlink:label="loc_ifrs-fullEntitysTotalForUnconsolidatedStructuredEntitiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullUnconsolidatedStructuredEntitiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForUnconsolidatedStructuredEntitiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember" xlink:label="loc_ifrs-fullEntitysTotalForUnconsolidatedStructuredEntitiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullUnconsolidatedStructuredEntitiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForUnconsolidatedStructuredEntitiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember" xlink:label="loc_sidDiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember_440" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForUnconsolidatedStructuredEntitiesMember" xlink:to="loc_sidDiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember_440" xlink:type="arc" order="441" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember" xlink:label="loc_sidCaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember_450" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForUnconsolidatedStructuredEntitiesMember" xlink:to="loc_sidCaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember_450" xlink:type="arc" order="451" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember" xlink:label="loc_sidVR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember_460" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForUnconsolidatedStructuredEntitiesMember" xlink:to="loc_sidVR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember_460" xlink:type="arc" order="461" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NumberOfSharesOutstanding" xlink:label="loc_ifrs-fullNumberOfSharesOutstanding_1400" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullNumberOfSharesOutstanding_1400" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:label="loc_ifrs-fullProportionOfOwnershipInterestInSubsidiary_1400" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullProportionOfOwnershipInterestInSubsidiary_1400" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestInJointOperation" xlink:label="loc_ifrs-fullProportionOfOwnershipInterestInJointOperation_1400" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullProportionOfOwnershipInterestInJointOperation_1400" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:label="loc_ifrs-fullProportionOfOwnershipInterestInJointVenture_1400" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullProportionOfOwnershipInterestInJointVenture_1400" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:label="loc_ifrs-fullProportionOfOwnershipInterestInAssociate_1400" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullProportionOfOwnershipInterestInAssociate_1400" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquityInterestInExclusiveFundsPercentage" xlink:label="loc_sidEquityInterestInExclusiveFundsPercentage_1400" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidEquityInterestInExclusiveFundsPercentage_1400" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" xlink:label="loc_ifrs-fullDescriptionOfNatureOfEntitysOperationsAndPrincipalActivities_1400" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullDescriptionOfNatureOfEntitysOperationsAndPrincipalActivities_1400" xlink:type="arc" order="6" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails1" xlink:title="00000085 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 1)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_JointOperationsAxis" xlink:label="loc_ifrs-fullJointOperationsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullJointOperationsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForJointOperationsMember" xlink:label="loc_ifrs-fullEntitysTotalForJointOperationsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullJointOperationsAxis" xlink:to="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForJointOperationsMember" xlink:label="loc_ifrs-fullEntitysTotalForJointOperationsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullJointOperationsAxis" xlink:to="loc_ifrs-fullEntitysTotalForJointOperationsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSLogisticaSA1Member" xlink:label="loc_sidMRSLogisticaSA1Member_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidMRSLogisticaSA1Member_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueMRSLogisticaSAMember" xlink:label="loc_sidFairValueMRSLogisticaSAMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidFairValueMRSLogisticaSAMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember" xlink:label="loc_sidCSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransnordestinaLogisticaSA1Member" xlink:label="loc_sidTransnordestinaLogisticaSA1Member_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidTransnordestinaLogisticaSA1Member_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueTransnordestinaMember" xlink:label="loc_sidFairValueTransnordestinaMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidFairValueTransnordestinaMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquimacSA1Member" xlink:label="loc_sidEquimacSA1Member_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidEquimacSA1Member_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_JointVentureAndJointOperationMember" xlink:label="loc_sidJointVentureAndJointOperationMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidJointVentureAndJointOperationMember_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquimacSAMember" xlink:label="loc_sidEquimacSAMember_230" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidEquimacSAMember_230" xlink:type="arc" order="231" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:label="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForAssociatesMember" xlink:label="loc_ifrs-fullEntitysTotalForAssociatesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" xlink:to="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForAssociatesMember" xlink:label="loc_ifrs-fullEntitysTotalForAssociatesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" xlink:to="loc_ifrs-fullEntitysTotalForAssociatesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ArvediMetalferDoBrasilSAMember" xlink:label="loc_sidArvediMetalferDoBrasilSAMember_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidArvediMetalferDoBrasilSAMember_70" xlink:type="arc" order="71" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssociatesMember" xlink:label="loc_ifrs-fullAssociatesMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_ifrs-fullAssociatesMember_80" xlink:type="arc" order="81" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquimacSA1Member" xlink:label="loc_sidEquimacSA1Member_390" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidEquimacSA1Member_390" xlink:type="arc" order="391" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:label="loc_ifrs-fullCategoriesOfFinancialAssetsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullCategoriesOfFinancialAssetsAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsCategoryMember" xlink:label="loc_ifrs-fullFinancialAssetsCategoryMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCategoriesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsCategoryMember" xlink:label="loc_ifrs-fullFinancialAssetsCategoryMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullCategoriesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsCategoryMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PanatlanticaMember" xlink:label="loc_sidPanatlanticaMember_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_sidPanatlanticaMember_90" xlink:type="arc" order="91" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ClassifiedAtFairValueThroughProfitOrLossMember" xlink:label="loc_sidClassifiedAtFairValueThroughProfitOrLossMember_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_sidClassifiedAtFairValueThroughProfitOrLossMember_100" xlink:type="arc" order="101" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EliminationsMember" xlink:label="loc_sidEliminationsMember_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_sidEliminationsMember_110" xlink:type="arc" order="111" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherInvestmentMember" xlink:label="loc_sidOtherInvestmentMember_120" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_sidOtherInvestmentMember_120" xlink:type="arc" order="121" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalOtherInvestmentMember" xlink:label="loc_sidTotalOtherInvestmentMember_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_sidTotalOtherInvestmentMember_130" xlink:type="arc" order="131" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalInvestmentsInAffillatedCompaniesMember" xlink:label="loc_sidTotalInvestmentsInAffillatedCompaniesMember_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_sidTotalInvestmentsInAffillatedCompaniesMember_140" xlink:type="arc" order="141" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalEquityInResultsOfaffillatedCompaniesMember" xlink:label="loc_sidTotalEquityInResultsOfaffillatedCompaniesMember_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_sidTotalEquityInResultsOfaffillatedCompaniesMember_150" xlink:type="arc" order="151" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InvestmentsPropertiesMember" xlink:label="loc_sidInvestmentsPropertiesMember_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_sidInvestmentsPropertiesMember_160" xlink:type="arc" order="161" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalInvestmentsMember" xlink:label="loc_sidTotalInvestmentsMember_170" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_sidTotalInvestmentsMember_170" xlink:type="arc" order="171" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Assets" xlink:label="loc_ifrs-fullAssets_620" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullAssets_620" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Liabilities" xlink:label="loc_ifrs-fullLiabilities_620" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullLiabilities_620" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Equity" xlink:label="loc_ifrs-fullEquity_620" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullEquity_620" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="loc_ifrs-fullProfitLoss_620" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullProfitLoss_620" xlink:type="arc" order="3" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails2" xlink:title="00000086 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 2)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails3" xlink:title="00000087 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 3)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:label="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForAssociatesMember" xlink:label="loc_ifrs-fullEntitysTotalForAssociatesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" xlink:to="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForAssociatesMember" xlink:label="loc_ifrs-fullEntitysTotalForAssociatesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" xlink:to="loc_ifrs-fullEntitysTotalForAssociatesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSLogisticaSAMember" xlink:label="loc_sidMRSLogisticaSAMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidMRSLogisticaSAMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember" xlink:label="loc_sidCSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidCSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransnordestinaLogisticaSAMember" xlink:label="loc_sidTransnordestinaLogisticaSAMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidTransnordestinaLogisticaSAMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ArvediMetalferDoBrasilSAMember" xlink:label="loc_sidArvediMetalferDoBrasilSAMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidArvediMetalferDoBrasilSAMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquimacSAMember" xlink:label="loc_sidEquimacSAMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidEquimacSAMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherInvestmentMember" xlink:label="loc_sidOtherInvestmentMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidOtherInvestmentMember_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquityInResultsOfAffiliatedCompanies" xlink:label="loc_sidEquityInResultsOfAffiliatedCompanies_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidEquityInResultsOfAffiliatedCompanies_150" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EliminationsAbstract" xlink:label="loc_sidEliminationsAbstract_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidEliminationsAbstract_150" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EliminationsToCostOfSales" xlink:label="loc_sidEliminationsToCostOfSales_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidEliminationsAbstract_150" xlink:to="loc_sidEliminationsToCostOfSales_150" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EliminationsToTaxes" xlink:label="loc_sidEliminationsToTaxes_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidEliminationsAbstract_150" xlink:to="loc_sidEliminationsToTaxes_150" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersAbstract" xlink:label="loc_sidOthersAbstract_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidEliminationsAbstract_150" xlink:to="loc_sidOthersAbstract_150" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AmortizatedAtFairValueInvestmentInMrs" xlink:label="loc_sidAmortizatedAtFairValueInvestmentInMrs_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidOthersAbstract_150" xlink:to="loc_sidAmortizatedAtFairValueInvestmentInMrs_150" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Others" xlink:label="loc_sidOthers_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidOthersAbstract_150" xlink:to="loc_sidOthers_150" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquityInResults" xlink:label="loc_sidEquityInResults_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidOthersAbstract_150" xlink:to="loc_sidEquityInResults_150" xlink:type="arc" order="7" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails4" xlink:title="00000088 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 4)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_JointOperationsAxis" xlink:label="loc_ifrs-fullJointOperationsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullJointOperationsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForJointOperationsMember" xlink:label="loc_ifrs-fullEntitysTotalForJointOperationsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullJointOperationsAxis" xlink:to="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForJointOperationsMember" xlink:label="loc_ifrs-fullEntitysTotalForJointOperationsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullJointOperationsAxis" xlink:to="loc_ifrs-fullEntitysTotalForJointOperationsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSLogisticaSAMember" xlink:label="loc_sidMRSLogisticaSAMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidMRSLogisticaSAMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransnordestinaLogisticaSAMember" xlink:label="loc_sidTransnordestinaLogisticaSAMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidTransnordestinaLogisticaSAMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquimacSAMember" xlink:label="loc_sidEquimacSAMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidEquimacSAMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ItaEnergeticaMember" xlink:label="loc_sidItaEnergeticaMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidItaEnergeticaMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CBSIMember" xlink:label="loc_sidCBSIMember_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCBSIMember_110" xlink:type="arc" order="111" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:label="loc_ifrs-fullPercentageOfVotingEquityInterestsAcquired_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullPercentageOfVotingEquityInterestsAcquired_160" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAssetsAbstract" xlink:label="loc_ifrs-fullCurrentAssetsAbstract_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullCurrentAssetsAbstract_160" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="loc_ifrs-fullCashAndCashEquivalents_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullCashAndCashEquivalents_160" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAdvancesToSuppliers" xlink:label="loc_ifrs-fullCurrentAdvancesToSuppliers_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullCurrentAdvancesToSuppliers_160" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentAssets" xlink:label="loc_ifrs-fullOtherCurrentAssets_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullOtherCurrentAssets_160" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAssets" xlink:label="loc_ifrs-fullCurrentAssets_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullCurrentAssets_160" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentAssetsAbstract" xlink:label="loc_ifrs-fullNoncurrentAssetsAbstract_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullNoncurrentAssetsAbstract_160" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentAssets" xlink:label="loc_ifrs-fullOtherNoncurrentAssets_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullOtherNoncurrentAssets_160" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InvestmentsPpeAndIntangibleAssets" xlink:label="loc_sidInvestmentsPpeAndIntangibleAssets_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidInvestmentsPpeAndIntangibleAssets_160" xlink:type="arc" order="8" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentAssets" xlink:label="loc_ifrs-fullNoncurrentAssets_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullNoncurrentAssets_160" xlink:type="arc" order="9" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Assets" xlink:label="loc_ifrs-fullAssets_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullAssets_160" xlink:type="arc" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLiabilitiesAbstract" xlink:label="loc_ifrs-fullCurrentLiabilitiesAbstract_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullCurrentLiabilitiesAbstract_160" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShorttermBorrowings" xlink:label="loc_ifrs-fullShorttermBorrowings_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullShorttermBorrowings_160" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLeaseLiabilities" xlink:label="loc_ifrs-fullCurrentLeaseLiabilities_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullCurrentLeaseLiabilities_160" xlink:type="arc" order="13" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentLiabilities" xlink:label="loc_ifrs-fullOtherCurrentLiabilities_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullOtherCurrentLiabilities_160" xlink:type="arc" order="14" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLiabilities" xlink:label="loc_ifrs-fullCurrentLiabilities_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullCurrentLiabilities_160" xlink:type="arc" order="15" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLiabilitiesAbstract" xlink:label="loc_ifrs-fullNoncurrentLiabilitiesAbstract_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullNoncurrentLiabilitiesAbstract_160" xlink:type="arc" order="16" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LongtermBorrowings" xlink:label="loc_ifrs-fullLongtermBorrowings_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullLongtermBorrowings_160" xlink:type="arc" order="17" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLeaseLiabilities" xlink:label="loc_ifrs-fullNoncurrentLeaseLiabilities_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullNoncurrentLeaseLiabilities_160" xlink:type="arc" order="18" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentLiabilities" xlink:label="loc_ifrs-fullOtherNoncurrentLiabilities_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullOtherNoncurrentLiabilities_160" xlink:type="arc" order="19" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLiabilities" xlink:label="loc_ifrs-fullNoncurrentLiabilities_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullNoncurrentLiabilities_160" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Equity" xlink:label="loc_ifrs-fullEquity_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullEquity_160" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAndLiabilities" xlink:label="loc_ifrs-fullEquityAndLiabilities_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullEquityAndLiabilities_160" xlink:type="arc" order="22" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Revenue" xlink:label="loc_ifrs-fullRevenue_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullRevenue_160" xlink:type="arc" order="23" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CostOfSales" xlink:label="loc_ifrs-fullCostOfSales_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullCostOfSales_160" xlink:type="arc" order="24" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossProfit" xlink:label="loc_ifrs-fullGrossProfit_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullGrossProfit_160" xlink:type="arc" order="25" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OperatingExpense" xlink:label="loc_ifrs-fullOperatingExpense_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullOperatingExpense_160" xlink:type="arc" order="26" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialIncomeExpensesNet" xlink:label="loc_sidFinancialIncomeExpensesNet_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidFinancialIncomeExpensesNet_160" xlink:type="arc" order="27" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="loc_ifrs-fullProfitLossBeforeTax_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullProfitLossBeforeTax_160" xlink:type="arc" order="28" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CurrentAndDeferredIncomeTaxAndSocialContribution" xlink:label="loc_sidCurrentAndDeferredIncomeTaxAndSocialContribution_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidCurrentAndDeferredIncomeTaxAndSocialContribution_160" xlink:type="arc" order="29" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossFromContinuingOperations" xlink:label="loc_ifrs-fullProfitLossFromContinuingOperations_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullProfitLossFromContinuingOperations_160" xlink:type="arc" order="30" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails5" xlink:title="00000089 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 5)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MeasurementOfRecoverableValueAxis" xlink:label="loc_sidMeasurementOfRecoverableValueAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_sidMeasurementOfRecoverableValueAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MeasurementOfRecoverableValueDomain" xlink:label="loc_sidMeasurementOfRecoverableValueDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidMeasurementOfRecoverableValueAxis" xlink:to="loc_sidMeasurementOfRecoverableValueDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MeasurementOfRecoverableValueDomain" xlink:label="loc_sidMeasurementOfRecoverableValueDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidMeasurementOfRecoverableValueAxis" xlink:to="loc_sidMeasurementOfRecoverableValueDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowProjectionOneMember" xlink:label="loc_sidCashFlowProjectionOneMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidMeasurementOfRecoverableValueDomain" xlink:to="loc_sidCashFlowProjectionOneMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowProjectionTwoMember" xlink:label="loc_sidCashFlowProjectionTwoMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidMeasurementOfRecoverableValueDomain" xlink:to="loc_sidCashFlowProjectionTwoMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowProjectionThreeMember" xlink:label="loc_sidCashFlowProjectionThreeMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidMeasurementOfRecoverableValueDomain" xlink:to="loc_sidCashFlowProjectionThreeMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowProjectiFourMember" xlink:label="loc_sidCashFlowProjectiFourMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidMeasurementOfRecoverableValueDomain" xlink:to="loc_sidCashFlowProjectiFourMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowProjection" xlink:label="loc_sidCashFlowProjection_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidCashFlowProjection_50" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MeasurementOfRecoverableValueBy2057" xlink:label="loc_sidMeasurementOfRecoverableValueBy2057_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidMeasurementOfRecoverableValueBy2057_50" xlink:type="arc" order="1" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails6" xlink:title="00000090 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 6)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfInvestmentPropertyAxis" xlink:label="loc_ifrs-fullTypesOfInvestmentPropertyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullTypesOfInvestmentPropertyAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentPropertyMember" xlink:label="loc_ifrs-fullInvestmentPropertyMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfInvestmentPropertyAxis" xlink:to="loc_ifrs-fullInvestmentPropertyMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentPropertyMember" xlink:label="loc_ifrs-fullInvestmentPropertyMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfInvestmentPropertyAxis" xlink:to="loc_ifrs-fullInvestmentPropertyMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LandMember" xlink:label="loc_ifrs-fullLandMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullInvestmentPropertyMember" xlink:to="loc_ifrs-fullLandMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BuildingsMember" xlink:label="loc_ifrs-fullBuildingsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullInvestmentPropertyMember" xlink:to="loc_ifrs-fullBuildingsMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentProperty" xlink:label="loc_ifrs-fullInvestmentProperty_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullInvestmentProperty_100" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CostInInvestmentProperties" xlink:label="loc_sidCostInInvestmentProperties_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidCostInInvestmentProperties_100" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccumulatedDepreciation" xlink:label="loc_sidAccumulatedDepreciation_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidAccumulatedDepreciation_100" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty" xlink:label="loc_ifrs-fullAcquisitionsThroughBusinessCombinationsInvestmentProperty_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullAcquisitionsThroughBusinessCombinationsInvestmentProperty_100" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DepreciationInvestmentProperty" xlink:label="loc_ifrs-fullDepreciationInvestmentProperty_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullDepreciationInvestmentProperty_100" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_WriteoffOfInvestmentProperties" xlink:label="loc_sidWriteoffOfInvestmentProperties_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidWriteoffOfInvestmentProperties_100" xlink:type="arc" order="5" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails7" xlink:title="00000091 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 7)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfInvestmentPropertyAxis" xlink:label="loc_ifrs-fullTypesOfInvestmentPropertyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullTypesOfInvestmentPropertyAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentPropertyMember" xlink:label="loc_ifrs-fullInvestmentPropertyMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfInvestmentPropertyAxis" xlink:to="loc_ifrs-fullInvestmentPropertyMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentPropertyMember" xlink:label="loc_ifrs-fullInvestmentPropertyMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfInvestmentPropertyAxis" xlink:to="loc_ifrs-fullInvestmentPropertyMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BuildingsMember" xlink:label="loc_ifrs-fullBuildingsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullInvestmentPropertyMember" xlink:to="loc_ifrs-fullBuildingsMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:label="loc_ifrs-fullUsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullUsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_30" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetailsNarrative" xlink:title="00000092 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LegalEntityOneAxis" xlink:label="loc_sidLegalEntityOneAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_sidLegalEntityOneAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LegalEntityOneDomain" xlink:label="loc_sidLegalEntityOneDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidLegalEntityOneAxis" xlink:to="loc_sidLegalEntityOneDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LegalEntityOneDomain" xlink:label="loc_sidLegalEntityOneDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidLegalEntityOneAxis" xlink:to="loc_sidLegalEntityOneDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FTLFerroviaTransnordestinaLogisticaSAMember" xlink:label="loc_sidFTLFerroviaTransnordestinaLogisticaSAMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidLegalEntityOneDomain" xlink:to="loc_sidFTLFerroviaTransnordestinaLogisticaSAMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FtlFerroviaTransnordestionaLogisticAsaMember" xlink:label="loc_sidFtlFerroviaTransnordestionaLogisticAsaMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidLegalEntityOneDomain" xlink:to="loc_sidFtlFerroviaTransnordestionaLogisticAsaMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSMember" xlink:label="loc_sidMRSMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidLegalEntityOneDomain" xlink:to="loc_sidMRSMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMineracaoSAMember" xlink:label="loc_sidCSNMineracaoSAMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidLegalEntityOneDomain" xlink:to="loc_sidCSNMineracaoSAMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CKTRBrasilServicosLtdaMember" xlink:label="loc_sidCKTRBrasilServicosLtdaMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidLegalEntityOneDomain" xlink:to="loc_sidCKTRBrasilServicosLtdaMember_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ENGIEBrasilEnergiaSAMember" xlink:label="loc_sidENGIEBrasilEnergiaSAMember_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidLegalEntityOneDomain" xlink:to="loc_sidENGIEBrasilEnergiaSAMember_90" xlink:type="arc" order="91" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSLogisticaSAMember" xlink:label="loc_sidMRSLogisticaSAMember_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidLegalEntityOneDomain" xlink:to="loc_sidMRSLogisticaSAMember_100" xlink:type="arc" order="101" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember" xlink:label="loc_sidConsorcioDaUsinaHidreletricaDeIgarapavaMember_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidLegalEntityOneDomain" xlink:to="loc_sidConsorcioDaUsinaHidreletricaDeIgarapavaMember_110" xlink:type="arc" order="111" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-fullRangeAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullRangeAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BottomOfRangeMember" xlink:label="loc_ifrs-fullBottomOfRangeMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullBottomOfRangeMember_20" xlink:type="arc" order="22" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="loc_ifrs-fullTopOfRangeMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullTopOfRangeMember_30" xlink:type="arc" order="32" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:label="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" xlink:label="loc_ifrs-fullEntitysTotalForSubsidiariesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" xlink:label="loc_ifrs-fullEntitysTotalForSubsidiariesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_ifrs-fullEntitysTotalForSubsidiariesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember" xlink:label="loc_sidCOMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCOMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember_70" xlink:type="arc" order="71" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransLogisticaSAMember" xlink:label="loc_sidTransLogisticaSAMember_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidTransLogisticaSAMember_140" xlink:type="arc" order="141" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquimacSAMember" xlink:label="loc_sidEquimacSAMember_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidEquimacSAMember_150" xlink:type="arc" order="151" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PANATLANTICASAMember" xlink:label="loc_sidPANATLANTICASAMember_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidPANATLANTICASAMember_160" xlink:type="arc" order="161" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ArvediMetalferDoBrasilSAMember" xlink:label="loc_sidArvediMetalferDoBrasilSAMember_190" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidArvediMetalferDoBrasilSAMember_190" xlink:type="arc" order="191" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfShareCapitalAxis" xlink:label="loc_ifrs-fullClassesOfShareCapitalAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ClassBPreferredSharesMember" xlink:label="loc_sidClassBPreferredSharesMember_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_sidClassBPreferredSharesMember_130" xlink:type="arc" order="131" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CommonSharesMember" xlink:label="loc_sidCommonSharesMember_170" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_sidCommonSharesMember_170" xlink:type="arc" order="171" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PreferredSharesMember" xlink:label="loc_sidPreferredSharesMember_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_sidPreferredSharesMember_180" xlink:type="arc" order="181" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShareIssueRelatedCost" xlink:label="loc_ifrs-fullShareIssueRelatedCost_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullShareIssueRelatedCost_250" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfInterest" xlink:label="loc_sidPercentageOfInterest_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidPercentageOfInterest_250" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="loc_ifrs-fullProfitLoss_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullProfitLoss_250" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfStakes" xlink:label="loc_sidPercentageOfStakes_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidPercentageOfStakes_250" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AcquisitionSharesAmount" xlink:label="loc_sidAcquisitionSharesAmount_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidAcquisitionSharesAmount_250" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Goodwill" xlink:label="loc_ifrs-fullGoodwill_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullGoodwill_250" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConcessionTerm" xlink:label="loc_sidConcessionTerm_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidConcessionTerm_250" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfHoldingInOtherEntity" xlink:label="loc_sidDescriptionOfHoldingInOtherEntity_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidDescriptionOfHoldingInOtherEntity_250" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipment" xlink:label="loc_ifrs-fullPropertyPlantAndEquipment_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullPropertyPlantAndEquipment_250" xlink:type="arc" order="8" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherExpense" xlink:label="loc_sidOtherExpense_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidOtherExpense_250" xlink:type="arc" order="9" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfSharesTransfer" xlink:label="loc_sidNumberOfSharesTransfer_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidNumberOfSharesTransfer_250" xlink:type="arc" order="10" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfSharesTransferOne" xlink:label="loc_sidNumberOfSharesTransferOne_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidNumberOfSharesTransferOne_250" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfVotingCapital" xlink:label="loc_sidPercentageOfVotingCapital_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidPercentageOfVotingCapital_250" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueOfInvestmentProperties" xlink:label="loc_sidFairValueOfInvestmentProperties_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidFairValueOfInvestmentProperties_250" xlink:type="arc" order="13" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/PropertyPlantAndEquipmentDetails" xlink:title="00000093 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LandMember" xlink:label="loc_ifrs-fullLandMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullLandMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BuildingsMember" xlink:label="loc_ifrs-fullBuildingsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullBuildingsMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MachineryMember" xlink:label="loc_ifrs-fullMachineryMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullMachineryMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FixturesAndFittingsMember" xlink:label="loc_ifrs-fullFixturesAndFittingsMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullFixturesAndFittingsMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ConstructionInProgressMember" xlink:label="loc_ifrs-fullConstructionInProgressMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullConstructionInProgressMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullOtherPropertyPlantAndEquipmentMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullOtherPropertyPlantAndEquipmentMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:label="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CarryingAmountMember" xlink:label="loc_ifrs-fullCarryingAmountMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="loc_ifrs-fullCarryingAmountMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CarryingAmountMember" xlink:label="loc_ifrs-fullCarryingAmountMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="loc_ifrs-fullCarryingAmountMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossCarryingAmountMember" xlink:label="loc_ifrs-fullGrossCarryingAmountMember_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_ifrs-fullGrossCarryingAmountMember_70" xlink:type="arc" order="72" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:label="loc_ifrs-fullAccumulatedDepreciationAndAmortisationMember_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_ifrs-fullAccumulatedDepreciationAndAmortisationMember_140" xlink:type="arc" order="142" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="loc_ifrs-fullClassesOfAssetsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfAssetsAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RightofuseAssetsMember" xlink:label="loc_ifrs-fullRightofuseAssetsMember_260" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_ifrs-fullRightofuseAssetsMember_260" xlink:type="arc" order="261" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipment" xlink:label="loc_ifrs-fullPropertyPlantAndEquipment_490" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullPropertyPlantAndEquipment_490" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:label="loc_ifrs-fullIncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_490" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_490" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:label="loc_ifrs-fullAcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_490" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullAcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_490" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalizedInterestPropertyPlantAndEquipment" xlink:label="loc_sidCapitalizedInterestPropertyPlantAndEquipment_490" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_sidCapitalizedInterestPropertyPlantAndEquipment_490" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:label="loc_ifrs-fullDisposalsPropertyPlantAndEquipment_490" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullDisposalsPropertyPlantAndEquipment_490" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:label="loc_ifrs-fullDepreciationPropertyPlantAndEquipment_490" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullDepreciationPropertyPlantAndEquipment_490" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:label="loc_ifrs-fullIncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_490" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_490" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:label="loc_ifrs-fullIncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_490" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_490" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment" xlink:label="loc_sidRightOfUseInitialRecognitionPropertyPlantAndEquipment_490" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_sidRightOfUseInitialRecognitionPropertyPlantAndEquipment_490" xlink:type="arc" order="8" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RightOfUseRemesurementPropertyPlantAndEquipment" xlink:label="loc_sidRightOfUseRemesurementPropertyPlantAndEquipment_490" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_sidRightOfUseRemesurementPropertyPlantAndEquipment_490" xlink:type="arc" order="9" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AroUpdatesPropertyPlantAndEquipment" xlink:label="loc_sidAroUpdatesPropertyPlantAndEquipment_490" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_sidAroUpdatesPropertyPlantAndEquipment_490" xlink:type="arc" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment" xlink:label="loc_ifrs-fullIncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment_490" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment_490" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsolidationCBSIPropertyPlantAndEquipment" xlink:label="loc_sidConsolidationCBSIPropertyPlantAndEquipment_490" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_sidConsolidationCBSIPropertyPlantAndEquipment_490" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersPropertyPlantAndEquipment" xlink:label="loc_sidOthersPropertyPlantAndEquipment_490" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_sidOthersPropertyPlantAndEquipment_490" xlink:type="arc" order="13" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/PropertyPlantAndEquipmentDetails1" xlink:title="00000094 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details 1)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LandMember" xlink:label="loc_ifrs-fullLandMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullLandMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BuildingsMember" xlink:label="loc_ifrs-fullBuildingsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullBuildingsMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MachineryMember" xlink:label="loc_ifrs-fullMachineryMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullMachineryMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullOtherPropertyPlantAndEquipmentMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullOtherPropertyPlantAndEquipmentMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="loc_ifrs-fullClassesOfAssetsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfAssetsAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RightofuseAssetsMember" xlink:label="loc_ifrs-fullRightofuseAssetsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_ifrs-fullRightofuseAssetsMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:label="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CarryingAmountMember" xlink:label="loc_ifrs-fullCarryingAmountMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="loc_ifrs-fullCarryingAmountMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CarryingAmountMember" xlink:label="loc_ifrs-fullCarryingAmountMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="loc_ifrs-fullCarryingAmountMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossCarryingAmountMember" xlink:label="loc_ifrs-fullGrossCarryingAmountMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_ifrs-fullGrossCarryingAmountMember_50" xlink:type="arc" order="53" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:label="loc_ifrs-fullAccumulatedDepreciationAndAmortisationMember_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_ifrs-fullAccumulatedDepreciationAndAmortisationMember_100" xlink:type="arc" order="103" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RightofuseAssets" xlink:label="loc_ifrs-fullRightofuseAssets_310" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullRightofuseAssets_310" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:label="loc_ifrs-fullIncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_310" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_310" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdditionsToRightofuseAssets" xlink:label="loc_ifrs-fullAdditionsToRightofuseAssets_310" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullAdditionsToRightofuseAssets_310" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RightofuseAssetsRemeasurement" xlink:label="loc_sidRightofuseAssetsRemeasurement_310" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_sidRightofuseAssetsRemeasurement_310" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DepreciationRightofuseAssets" xlink:label="loc_ifrs-fullDepreciationRightofuseAssets_310" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullDepreciationRightofuseAssets_310" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_WriteOffRightOfuseAssets" xlink:label="loc_sidWriteOffRightOfuseAssets_310" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_sidWriteOffRightOfuseAssets_310" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransfersToOtherAssetCategories" xlink:label="loc_sidTransfersToOtherAssetCategories_310" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_sidTransfersToOtherAssetCategories_310" xlink:type="arc" order="6" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/PropertyPlantAndEquipmentDetails2" xlink:title="00000095 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details 2)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BuildingsMember" xlink:label="loc_ifrs-fullBuildingsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullBuildingsMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MachineryMember" xlink:label="loc_ifrs-fullMachineryMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullMachineryMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FixturesAndFittingsMember" xlink:label="loc_ifrs-fullFixturesAndFittingsMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullFixturesAndFittingsMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullOtherPropertyPlantAndEquipmentMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullOtherPropertyPlantAndEquipmentMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:label="loc_ifrs-fullUsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullUsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_90" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/PropertyPlantAndEquipmentDetailsNarrative" xlink:title="00000096 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details Narrative)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssetsDetails" xlink:title="00000097 - Disclosure - 12. INTANGIBLE ASSETS (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:label="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:label="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:label="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GoodwillMember" xlink:label="loc_ifrs-fullGoodwillMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullGoodwillMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:label="loc_ifrs-fullCustomerrelatedIntangibleAssetsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullCustomerrelatedIntangibleAssetsMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TechnologybasedIntangibleAssetsMember" xlink:label="loc_ifrs-fullTechnologybasedIntangibleAssetsMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullTechnologybasedIntangibleAssetsMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BrandNamesMember" xlink:label="loc_ifrs-fullBrandNamesMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullBrandNamesMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LicencesMember" xlink:label="loc_ifrs-fullLicencesMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullLicencesMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherIntangibleAssetsMember" xlink:label="loc_ifrs-fullOtherIntangibleAssetsMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullOtherIntangibleAssetsMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:label="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CarryingAmountMember" xlink:label="loc_ifrs-fullCarryingAmountMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="loc_ifrs-fullCarryingAmountMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CarryingAmountMember" xlink:label="loc_ifrs-fullCarryingAmountMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="loc_ifrs-fullCarryingAmountMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossCarryingAmountMember" xlink:label="loc_ifrs-fullGrossCarryingAmountMember_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_ifrs-fullGrossCarryingAmountMember_70" xlink:type="arc" order="72" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:label="loc_ifrs-fullAccumulatedDepreciationAndAmortisationMember_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_ifrs-fullAccumulatedDepreciationAndAmortisationMember_140" xlink:type="arc" order="142" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentForAccumulatedRecoverableValueMember" xlink:label="loc_sidAdjustmentForAccumulatedRecoverableValueMember_210" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_sidAdjustmentForAccumulatedRecoverableValueMember_210" xlink:type="arc" order="212" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IntangibleAssetsAndGoodwill" xlink:label="loc_ifrs-fullIntangibleAssetsAndGoodwill_470" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullIntangibleAssetsAndGoodwill_470" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:label="loc_ifrs-fullIncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_470" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_470" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:label="loc_ifrs-fullAcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill_470" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullAcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill_470" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:label="loc_ifrs-fullIncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment_470" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment_470" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:label="loc_ifrs-fullAmortisationIntangibleAssetsOtherThanGoodwill_470" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullAmortisationIntangibleAssetsOtherThanGoodwill_470" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdditionalRecognitionGoodwill" xlink:label="loc_ifrs-fullAdditionalRecognitionGoodwill_470" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullAdditionalRecognitionGoodwill_470" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsolidationCBSIntangibleAssetsAndGoodwill" xlink:label="loc_sidConsolidationCBSIntangibleAssetsAndGoodwill_470" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_sidConsolidationCBSIntangibleAssetsAndGoodwill_470" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersIntangibleAssets" xlink:label="loc_sidOthersIntangibleAssets_470" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_sidOthersIntangibleAssets_470" xlink:type="arc" order="7" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssetsDetails1" xlink:title="00000098 - Disclosure - 12. INTANGIBLE ASSETS (Details 1)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:label="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:label="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:label="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TechnologybasedIntangibleAssetsMember" xlink:label="loc_ifrs-fullTechnologybasedIntangibleAssetsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullTechnologybasedIntangibleAssetsMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:label="loc_ifrs-fullCustomerrelatedIntangibleAssetsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullCustomerrelatedIntangibleAssetsMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:label="loc_ifrs-fullUsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullUsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_50" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssetsDetails2" xlink:title="00000099 - Disclosure - 12. INTANGIBLE ASSETS (Details 2)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:label="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:label="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:label="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GoodwillMember" xlink:label="loc_ifrs-fullGoodwillMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullGoodwillMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BrandNamesMember" xlink:label="loc_ifrs-fullBrandNamesMember_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullBrandNamesMember_100" xlink:type="arc" order="101" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis" xlink:label="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember" xlink:label="loc_ifrs-fullEntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsAxis" xlink:to="loc_ifrs-fullEntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember" xlink:label="loc_ifrs-fullEntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsAxis" xlink:to="loc_ifrs-fullEntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PackagingMember" xlink:label="loc_sidPackagingMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember" xlink:to="loc_sidPackagingMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LongStelMember" xlink:label="loc_sidLongStelMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember" xlink:to="loc_sidLongStelMember_20" xlink:type="arc" order="22" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MiningMember" xlink:label="loc_sidMiningMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember" xlink:to="loc_sidMiningMember_40" xlink:type="arc" order="42" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherSteelMember" xlink:label="loc_sidOtherSteelMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember" xlink:to="loc_sidOtherSteelMember_60" xlink:type="arc" order="62" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SegmentsAxis" xlink:label="loc_ifrs-fullSegmentsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullSegmentsAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SegmentsMember" xlink:label="loc_ifrs-fullSegmentsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullSegmentsAxis" xlink:to="loc_ifrs-fullSegmentsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SegmentsMember" xlink:label="loc_ifrs-fullSegmentsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullSegmentsAxis" xlink:to="loc_ifrs-fullSegmentsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SteelMember" xlink:label="loc_sidSteelMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullSegmentsMember" xlink:to="loc_sidSteelMember_0" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MinningMember" xlink:label="loc_sidMinningMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullSegmentsMember" xlink:to="loc_sidMinningMember_40" xlink:type="arc" order="43" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount" xlink:label="loc_ifrs-fullAmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullAmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount_250" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssetsDetails3" xlink:title="00000100 - Disclosure - 12. INTANGIBLE ASSETS (Details 3)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:label="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForCashgeneratingUnitsMember" xlink:label="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:to="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForCashgeneratingUnitsMember" xlink:label="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:to="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PackagingMember" xlink:label="loc_sidPackagingMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" xlink:to="loc_sidPackagingMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MiningMember" xlink:label="loc_sidMiningMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" xlink:to="loc_sidMiningMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherSteelMember" xlink:label="loc_sidOtherSteelMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" xlink:to="loc_sidOtherSteelMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FlatSteelMember" xlink:label="loc_sidFlatSteelMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" xlink:to="loc_sidFlatSteelMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LogisticMember" xlink:label="loc_sidLogisticMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" xlink:to="loc_sidLogisticMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-fullRangeAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullRangeAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BottomOfRangeMember" xlink:label="loc_ifrs-fullBottomOfRangeMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullBottomOfRangeMember_60" xlink:type="arc" order="62" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="loc_ifrs-fullTopOfRangeMember_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullTopOfRangeMember_70" xlink:type="arc" order="72" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined" xlink:label="loc_ifrs-fullDescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullDescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined_150" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections" xlink:label="loc_ifrs-fullDescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullDescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_150" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal" xlink:label="loc_ifrs-fullDescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullDescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal_150" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization" xlink:label="loc_sidDescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_sidDescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization_150" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate" xlink:label="loc_ifrs-fullDescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullDescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate_150" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections" xlink:label="loc_ifrs-fullDescriptionOfDiscountRatesAppliedToCashFlowProjections_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullDescriptionOfDiscountRatesAppliedToCashFlowProjections_150" xlink:type="arc" order="5" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssetsDetailsNarrative" xlink:title="00000101 - Disclosure - 12. INTANGIBLE ASSETS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:label="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" xlink:label="loc_ifrs-fullEntitysTotalForSubsidiariesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" xlink:label="loc_ifrs-fullEntitysTotalForSubsidiariesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_ifrs-fullEntitysTotalForSubsidiariesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CKTRBrasilServicosLtdaMember" xlink:label="loc_sidCKTRBrasilServicosLtdaMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCKTRBrasilServicosLtdaMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ImpairmentLoss" xlink:label="loc_ifrs-fullImpairmentLoss_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullImpairmentLoss_40" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:label="loc_ifrs-fullProportionOfOwnershipInterestInSubsidiary_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullProportionOfOwnershipInterestInSubsidiary_40" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests" xlink:label="loc_ifrs-fullProportionOfOwnershipInterestsHeldByNoncontrollingInterests_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullProportionOfOwnershipInterestsHeldByNoncontrollingInterests_40" xlink:type="arc" order="2" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingDetails" xlink:title="00000102 - Disclosure - 13. BORROWINGS AND FINANCING (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingLineItems" xlink:label="loc_sidBorrowingsAndFinancingLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingTable" xlink:label="loc_sidBorrowingsAndFinancingTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_sidBorrowingsAndFinancingTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariableInterestMember" xlink:label="loc_sidVariableInterestMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_sidVariableInterestMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FixedInterestMember" xlink:label="loc_sidFixedInterestMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_sidFixedInterestMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsByNameAxis" xlink:label="loc_ifrs-fullBorrowingsByNameAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_ifrs-fullBorrowingsByNameAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PrepaymentMember" xlink:label="loc_sidPrepaymentMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_sidPrepaymentMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondsPerpetualBondsAndACCMember" xlink:label="loc_sidBondsPerpetualBondsAndACCMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_sidBondsPerpetualBondsAndACCMember_20" xlink:type="arc" order="22" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FacilityMember" xlink:label="loc_sidFacilityMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_sidFacilityMember_40" xlink:type="arc" order="42" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BNDESFINAMEDebenturesNCEAndCCBMember" xlink:label="loc_sidBNDESFINAMEDebenturesNCEAndCCBMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_sidBNDESFINAMEDebenturesNCEAndCCBMember_80" xlink:type="arc" order="82" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IntercompanyMember" xlink:label="loc_sidIntercompanyMember_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_sidIntercompanyMember_100" xlink:type="arc" order="102" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyAxis" xlink:label="loc_sidTypeOfFunctionalCurrencyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_sidTypeOfFunctionalCurrencyAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyDomain" xlink:label="loc_sidTypeOfFunctionalCurrencyDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidTypeOfFunctionalCurrencyAxis" xlink:to="loc_sidTypeOfFunctionalCurrencyDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyDomain" xlink:label="loc_sidTypeOfFunctionalCurrencyDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidTypeOfFunctionalCurrencyAxis" xlink:to="loc_sidTypeOfFunctionalCurrencyDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ForeignCurrencyMember" xlink:label="loc_sidForeignCurrencyMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidTypeOfFunctionalCurrencyDomain" xlink:to="loc_sidForeignCurrencyMember_0" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LocalCurrencyMember" xlink:label="loc_sidLocalCurrencyMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidTypeOfFunctionalCurrencyDomain" xlink:to="loc_sidLocalCurrencyMember_80" xlink:type="arc" order="83" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_srtCurrencyAxis" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_EUR" xlink:label="loc_currencyEUR_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyEUR_40" xlink:type="arc" order="44" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossShorttermBorrowings" xlink:label="loc_sidGrossShorttermBorrowings_190" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_sidGrossShorttermBorrowings_190" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossLongtermBorrowings" xlink:label="loc_sidGrossLongtermBorrowings_190" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_sidGrossLongtermBorrowings_190" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingCostsRecognisedAsExpenseCurrent" xlink:label="loc_sidBorrowingCostsRecognisedAsExpenseCurrent_190" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_sidBorrowingCostsRecognisedAsExpenseCurrent_190" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingCostsRecognisedAsExpenseNoncurent" xlink:label="loc_sidBorrowingCostsRecognisedAsExpenseNoncurent_190" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_sidBorrowingCostsRecognisedAsExpenseNoncurent_190" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShorttermBorrowings" xlink:label="loc_ifrs-fullShorttermBorrowings_190" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_ifrs-fullShorttermBorrowings_190" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LongtermBorrowings" xlink:label="loc_ifrs-fullLongtermBorrowings_190" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_ifrs-fullLongtermBorrowings_190" xlink:type="arc" order="5" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingDetails1" xlink:title="00000103 - Disclosure - 13. BORROWINGS AND FINANCING (Details 1)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingLineItems" xlink:label="loc_sidBorrowingsAndFinancingLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingTable" xlink:label="loc_sidBorrowingsAndFinancingTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_sidBorrowingsAndFinancingTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_srtCurrencyAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_USD" xlink:label="loc_currencyUSD_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyUSD_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_EUR" xlink:label="loc_currencyEUR_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyEUR_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyAxis" xlink:label="loc_sidTypeOfFunctionalCurrencyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_sidTypeOfFunctionalCurrencyAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyDomain" xlink:label="loc_sidTypeOfFunctionalCurrencyDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidTypeOfFunctionalCurrencyAxis" xlink:to="loc_sidTypeOfFunctionalCurrencyDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyDomain" xlink:label="loc_sidTypeOfFunctionalCurrencyDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidTypeOfFunctionalCurrencyAxis" xlink:to="loc_sidTypeOfFunctionalCurrencyDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LocalCurrencyMember" xlink:label="loc_sidLocalCurrencyMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidTypeOfFunctionalCurrencyDomain" xlink:to="loc_sidLocalCurrencyMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsInterestRate" xlink:label="loc_ifrs-fullBorrowingsInterestRate_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_ifrs-fullBorrowingsInterestRate_50" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Borrowings" xlink:label="loc_ifrs-fullBorrowings_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_ifrs-fullBorrowings_50" xlink:type="arc" order="1" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingDetails2" xlink:title="00000104 - Disclosure - 13. BORROWINGS AND FINANCING (Details 2)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingLineItems" xlink:label="loc_sidBorrowingsAndFinancingLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingTable" xlink:label="loc_sidBorrowingsAndFinancingTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_sidBorrowingsAndFinancingTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="loc_ifrs-fullMaturityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_ifrs-fullMaturityAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:label="loc_ifrs-fullLaterThanOneYearAndNotLaterThanTwoYearsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanOneYearAndNotLaterThanTwoYearsMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:label="loc_ifrs-fullLaterThanTwoYearsAndNotLaterThanThreeYearsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanTwoYearsAndNotLaterThanThreeYearsMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:label="loc_ifrs-fullLaterThanThreeYearsAndNotLaterThanFourYearsMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanThreeYearsAndNotLaterThanFourYearsMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:label="loc_ifrs-fullLaterThanFourYearsAndNotLaterThanFiveYearsMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanFourYearsAndNotLaterThanFiveYearsMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanFiveYearsAndNotLaterThanSixYearsMember" xlink:label="loc_sidLaterThanFiveYearsAndNotLaterThanSixYearsMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidLaterThanFiveYearsAndNotLaterThanSixYearsMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanSixYearsAndNotLaterThanSevenYearsMember" xlink:label="loc_sidLaterThanSixYearsAndNotLaterThanSevenYearsMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidLaterThanSixYearsAndNotLaterThanSevenYearsMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AfterSixYearsMember" xlink:label="loc_sidAfterSixYearsMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidAfterSixYearsMember_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PerpetualBondsMember" xlink:label="loc_sidPerpetualBondsMember_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidPerpetualBondsMember_70" xlink:type="arc" order="71" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyAxis" xlink:label="loc_sidTypeOfFunctionalCurrencyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_sidTypeOfFunctionalCurrencyAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyDomain" xlink:label="loc_sidTypeOfFunctionalCurrencyDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidTypeOfFunctionalCurrencyAxis" xlink:to="loc_sidTypeOfFunctionalCurrencyDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyDomain" xlink:label="loc_sidTypeOfFunctionalCurrencyDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidTypeOfFunctionalCurrencyAxis" xlink:to="loc_sidTypeOfFunctionalCurrencyDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ForeignCurrencyMember" xlink:label="loc_sidForeignCurrencyMember_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidTypeOfFunctionalCurrencyDomain" xlink:to="loc_sidForeignCurrencyMember_90" xlink:type="arc" order="92" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NationalCurrencyMember" xlink:label="loc_sidNationalCurrencyMember_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidTypeOfFunctionalCurrencyDomain" xlink:to="loc_sidNationalCurrencyMember_180" xlink:type="arc" order="182" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Borrowings" xlink:label="loc_ifrs-fullBorrowings_280" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_ifrs-fullBorrowings_280" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingDetails3" xlink:title="00000105 - Disclosure - 13. BORROWINGS AND FINANCING (Details 3)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingDetails4" xlink:title="00000106 - Disclosure - 13. BORROWINGS AND FINANCING (Details 4)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingLineItems" xlink:label="loc_sidBorrowingsAndFinancingLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingTable" xlink:label="loc_sidBorrowingsAndFinancingTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_sidBorrowingsAndFinancingTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsByNameAxis" xlink:label="loc_ifrs-fullBorrowingsByNameAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_ifrs-fullBorrowingsByNameAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PrepaymentMember" xlink:label="loc_sidPrepaymentMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_sidPrepaymentMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondsPerpetualBondsACCAndFacilityMember" xlink:label="loc_sidBondsPerpetualBondsACCAndFacilityMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_sidBondsPerpetualBondsACCAndFacilityMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BNDESFINAMEDebenturesNCEAndCCBMember" xlink:label="loc_sidBNDESFINAMEDebenturesNCEAndCCBMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_sidBNDESFINAMEDebenturesNCEAndCCBMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionalFundingTransactions" xlink:label="loc_sidAdditionalFundingTransactions_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_sidAdditionalFundingTransactions_50" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:label="loc_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities_50" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestExpenseOnBorrowings" xlink:label="loc_ifrs-fullInterestExpenseOnBorrowings_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_ifrs-fullInterestExpenseOnBorrowings_50" xlink:type="arc" order="2" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingDetailsNarrative" xlink:title="00000107 - Disclosure - 13. BORROWINGS AND FINANCING (Details Narrative)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails" xlink:title="00000108 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" xlink:label="loc_ifrs-fullClassesOfFinancialAssetsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DerivativesMember" xlink:label="loc_ifrs-fullDerivativesMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullDerivativesMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashAndCashEquivalantMember" xlink:label="loc_sidCashAndCashEquivalantMember_120" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidCashAndCashEquivalantMember_120" xlink:type="arc" order="121" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ShortTermInvestmentMember" xlink:label="loc_sidShortTermInvestmentMember_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidShortTermInvestmentMember_140" xlink:type="arc" order="141" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeReceivablesMember" xlink:label="loc_ifrs-fullTradeReceivablesMember_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullTradeReceivablesMember_160" xlink:type="arc" order="161" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradingEquitySecuritiesMember" xlink:label="loc_ifrs-fullTradingEquitySecuritiesMember_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullTradingEquitySecuritiesMember_200" xlink:type="arc" order="201" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentPropertyMember" xlink:label="loc_ifrs-fullInvestmentPropertyMember_220" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullInvestmentPropertyMember_220" xlink:type="arc" order="221" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherTradeReceivablesMember" xlink:label="loc_sidOtherTradeReceivablesMember_240" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidOtherTradeReceivablesMember_240" xlink:type="arc" order="241" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompulsoryLoanEletrobrasMember" xlink:label="loc_sidCompulsoryLoanEletrobrasMember_260" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidCompulsoryLoanEletrobrasMember_260" xlink:type="arc" order="261" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReceivablesByIndemnityMember" xlink:label="loc_sidReceivablesByIndemnityMember_280" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidReceivablesByIndemnityMember_280" xlink:type="arc" order="281" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RelatedPartiesMember" xlink:label="loc_ifrs-fullRelatedPartiesMember_300" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullRelatedPartiesMember_300" xlink:type="arc" order="301" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInvestmentesMember" xlink:label="loc_sidFinancialInvestmentesMember_320" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidFinancialInvestmentesMember_320" xlink:type="arc" order="321" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesMember" xlink:label="loc_ifrs-fullFinancialLiabilitiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:to="loc_ifrs-fullFinancialLiabilitiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesMember" xlink:label="loc_ifrs-fullFinancialLiabilitiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:to="loc_ifrs-fullFinancialLiabilitiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeasesMember" xlink:label="loc_sidLeasesMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidLeasesMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesDraweeRiskMember" xlink:label="loc_sidTradePayablesDraweeRiskMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidTradePayablesDraweeRiskMember_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesMember" xlink:label="loc_sidTradePayablesMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidTradePayablesMember_80" xlink:type="arc" order="81" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingMember" xlink:label="loc_sidBorrowingsAndFinancingMember_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidBorrowingsAndFinancingMember_100" xlink:type="arc" order="101" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsAndInterestOnEquityMember" xlink:label="loc_sidDividendsAndInterestOnEquityMember_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidDividendsAndInterestOnEquityMember_180" xlink:type="arc" order="181" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullCurrentFinancialAssetsAtFairValueThroughProfitOrLoss_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCurrentFinancialAssetsAtFairValueThroughProfitOrLoss_350" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialAssetsAtAmortisedCost" xlink:label="loc_ifrs-fullCurrentFinancialAssetsAtAmortisedCost_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCurrentFinancialAssetsAtAmortisedCost_350" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialAssets" xlink:label="loc_ifrs-fullCurrentFinancialAssets_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCurrentFinancialAssets_350" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullNoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss_350" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost" xlink:label="loc_ifrs-fullNoncurrentFinancialAssetsAtAmortisedCost_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNoncurrentFinancialAssetsAtAmortisedCost_350" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialAssets" xlink:label="loc_ifrs-fullNoncurrentFinancialAssets_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNoncurrentFinancialAssets_350" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullFinancialAssetsAtFairValueThroughProfitOrLoss_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialAssetsAtFairValueThroughProfitOrLoss_350" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsAtAmortisedCost" xlink:label="loc_ifrs-fullFinancialAssetsAtAmortisedCost_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialAssetsAtAmortisedCost_350" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssets" xlink:label="loc_ifrs-fullFinancialAssets_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialAssets_350" xlink:type="arc" order="8" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullCurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_350" xlink:type="arc" order="9" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost" xlink:label="loc_ifrs-fullCurrentFinancialLiabilitiesAtAmortisedCost_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCurrentFinancialLiabilitiesAtAmortisedCost_350" xlink:type="arc" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialLiabilities" xlink:label="loc_ifrs-fullCurrentFinancialLiabilities_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCurrentFinancialLiabilities_350" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullNoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_350" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialLiabilitiesAtAmortisedCost" xlink:label="loc_ifrs-fullNoncurrentFinancialLiabilitiesAtAmortisedCost_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNoncurrentFinancialLiabilitiesAtAmortisedCost_350" xlink:type="arc" order="13" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialLiabilities" xlink:label="loc_ifrs-fullNoncurrentFinancialLiabilities_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNoncurrentFinancialLiabilities_350" xlink:type="arc" order="14" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullFinancialLiabilitiesAtFairValueThroughProfitOrLoss_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialLiabilitiesAtFairValueThroughProfitOrLoss_350" xlink:type="arc" order="15" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:label="loc_ifrs-fullFinancialLiabilitiesAtAmortisedCost_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialLiabilitiesAtAmortisedCost_350" xlink:type="arc" order="16" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilities" xlink:label="loc_ifrs-fullFinancialLiabilities_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialLiabilities_350" xlink:type="arc" order="17" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails1" xlink:title="00000109 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 1)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" xlink:label="loc_ifrs-fullClassesOfFinancialAssetsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInvestmentes1Member" xlink:label="loc_sidFinancialInvestmentes1Member_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidFinancialInvestmentes1Member_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DerivativesMember" xlink:label="loc_ifrs-fullDerivativesMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullDerivativesMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Derivatives1Member" xlink:label="loc_sidDerivatives1Member_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidDerivatives1Member_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradingEquitySecuritiesMember" xlink:label="loc_ifrs-fullTradingEquitySecuritiesMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullTradingEquitySecuritiesMember_80" xlink:type="arc" order="81" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentPropertyMember" xlink:label="loc_ifrs-fullInvestmentPropertyMember_120" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullInvestmentPropertyMember_120" xlink:type="arc" order="121" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InvestmentProperty1Member" xlink:label="loc_sidInvestmentProperty1Member_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidInvestmentProperty1Member_140" xlink:type="arc" order="141" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:label="loc_ifrs-fullLevelsOfFairValueHierarchyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullLevelsOfFairValueHierarchyAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AllLevelsOfFairValueHierarchyMember" xlink:label="loc_ifrs-fullAllLevelsOfFairValueHierarchyMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullLevelsOfFairValueHierarchyAxis" xlink:to="loc_ifrs-fullAllLevelsOfFairValueHierarchyMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AllLevelsOfFairValueHierarchyMember" xlink:label="loc_ifrs-fullAllLevelsOfFairValueHierarchyMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullLevelsOfFairValueHierarchyAxis" xlink:to="loc_ifrs-fullAllLevelsOfFairValueHierarchyMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Level1OfFairValueHierarchyMember" xlink:label="loc_ifrs-fullLevel1OfFairValueHierarchyMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAllLevelsOfFairValueHierarchyMember" xlink:to="loc_ifrs-fullLevel1OfFairValueHierarchyMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Level2OfFairValueHierarchyMember" xlink:label="loc_ifrs-fullLevel2OfFairValueHierarchyMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAllLevelsOfFairValueHierarchyMember" xlink:to="loc_ifrs-fullLevel2OfFairValueHierarchyMember_40" xlink:type="arc" order="42" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullCurrentFinancialAssetsAtFairValueThroughProfitOrLoss_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCurrentFinancialAssetsAtFairValueThroughProfitOrLoss_200" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullNoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss_200" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullFinancialAssetsAtFairValueThroughProfitOrLoss_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialAssetsAtFairValueThroughProfitOrLoss_200" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullCurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_200" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullNoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_200" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullFinancialLiabilitiesAtFairValueThroughProfitOrLoss_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialLiabilitiesAtFairValueThroughProfitOrLoss_200" xlink:type="arc" order="5" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails2" xlink:title="00000110 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 2)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfShareCapitalAxis" xlink:label="loc_ifrs-fullClassesOfShareCapitalAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OrdinarySharesOneMember" xlink:label="loc_sidOrdinarySharesOneMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_sidOrdinarySharesOneMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PreferenceSharesMember" xlink:label="loc_ifrs-fullPreferenceSharesMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_ifrs-fullPreferenceSharesMember_80" xlink:type="arc" order="81" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PreferenceSharesoneMember" xlink:label="loc_sidPreferenceSharesoneMember_120" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_sidPreferenceSharesoneMember_120" xlink:type="arc" order="121" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalSharesMember" xlink:label="loc_sidTotalSharesMember_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_sidTotalSharesMember_160" xlink:type="arc" order="161" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfShares" xlink:label="loc_sidNumberOfShares_210" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidNumberOfShares_210" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InvestmentInterestRate1" xlink:label="loc_sidInvestmentInterestRate1_210" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidInvestmentInterestRate1_210" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SharePrice1" xlink:label="loc_sidSharePrice1_210" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidSharePrice1_210" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_StockValue" xlink:label="loc_sidStockValue_210" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidStockValue_210" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueAdjustmentRecognizedInProfitOrloss" xlink:label="loc_sidFairValueAdjustmentRecognizedInProfitOrloss_210" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidFairValueAdjustmentRecognizedInProfitOrloss_210" xlink:type="arc" order="4" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails3" xlink:title="00000111 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 3)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_srtCurrencyAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_USMember" xlink:label="loc_sidUSMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_sidUSMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EURMember" xlink:label="loc_sidEURMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_sidEURMember_10" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" xlink:label="loc_ifrs-fullClassesOfFinancialAssetsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashAndCashEquivalentsOverseasMember" xlink:label="loc_sidCashAndCashEquivalentsOverseasMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidCashAndCashEquivalentsOverseasMember_20" xlink:type="arc" order="23" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeReceivablesMember" xlink:label="loc_ifrs-fullTradeReceivablesMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullTradeReceivablesMember_40" xlink:type="arc" order="43" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherAssetsMember" xlink:label="loc_ifrs-fullOtherAssetsMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullOtherAssetsMember_60" xlink:type="arc" order="63" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullClassesOfAssetsMember_80" xlink:type="arc" order="83" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInvestmentsMember" xlink:label="loc_sidFinancialInvestmentsMember_220" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidFinancialInvestmentsMember_220" xlink:type="arc" order="223" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesMember" xlink:label="loc_ifrs-fullFinancialLiabilitiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:to="loc_ifrs-fullFinancialLiabilitiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesMember" xlink:label="loc_ifrs-fullFinancialLiabilitiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:to="loc_ifrs-fullFinancialLiabilitiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingMember" xlink:label="loc_sidBorrowingsAndFinancingMember_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidBorrowingsAndFinancingMember_100" xlink:type="arc" order="103" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesMember" xlink:label="loc_sidTradePayablesMember_120" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidTradePayablesMember_120" xlink:type="arc" order="123" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherLiabilities1Member" xlink:label="loc_sidOtherLiabilities1Member_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidOtherLiabilities1Member_140" xlink:type="arc" order="143" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_ifrs-fullLiabilitiesMember_160" xlink:type="arc" order="163" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IronOreDerivativeMember" xlink:label="loc_sidIronOreDerivativeMember_240" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidIronOreDerivativeMember_240" xlink:type="arc" order="243" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesAxis" xlink:label="loc_ifrs-fullTypesOfHedgesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfHedgesAxis" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowHedgesMember" xlink:label="loc_ifrs-fullCashFlowHedgesMember_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_ifrs-fullCashFlowHedgesMember_180" xlink:type="arc" order="183" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencySwapContractMember" xlink:label="loc_ifrs-fullCurrencySwapContractMember_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_ifrs-fullCurrencySwapContractMember_200" xlink:type="arc" order="203" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossCreditExposure" xlink:label="loc_sidGrossCreditExposure_290" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidGrossCreditExposure_290" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CreditExposure" xlink:label="loc_ifrs-fullCreditExposure_290" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCreditExposure_290" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PerpetualBonds" xlink:label="loc_sidPerpetualBonds_290" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidPerpetualBonds_290" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CreditExposureExcludingPerpetualBonds" xlink:label="loc_sidCreditExposureExcludingPerpetualBonds_290" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidCreditExposureExcludingPerpetualBonds_290" xlink:type="arc" order="3" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails4" xlink:title="00000112 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 4)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_srtCurrencyAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd#country_US" xlink:label="loc_countryUS_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_countryUS_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EURMember" xlink:label="loc_sidEURMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_sidEURMember_40" xlink:type="arc" order="42" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_USDXEURMember" xlink:label="loc_sidUSDXEURMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_sidUSDXEURMember_80" xlink:type="arc" order="82" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProbabilityOfDefaultAxis" xlink:label="loc_ifrs-fullProbabilityOfDefaultAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProbableScenarioMember" xlink:label="loc_sidProbableScenarioMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidProbableScenarioMember_10" xlink:type="arc" order="13" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIMember" xlink:label="loc_sidScenarioIMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIMember_20" xlink:type="arc" order="23" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIIMember" xlink:label="loc_sidScenarioIIMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIIMember_30" xlink:type="arc" order="33" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClosingForeignExchangeRate" xlink:label="loc_ifrs-fullClosingForeignExchangeRate_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullClosingForeignExchangeRate_130" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails5" xlink:title="00000113 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 5)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsAxis" xlink:label="loc_ifrs-fullHedgingInstrumentsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullHedgingInstrumentsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="loc_ifrs-fullHedgingInstrumentsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullHedgingInstrumentsAxis" xlink:to="loc_ifrs-fullHedgingInstrumentsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="loc_ifrs-fullHedgingInstrumentsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullHedgingInstrumentsAxis" xlink:to="loc_ifrs-fullHedgingInstrumentsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapDollarEuroMember" xlink:label="loc_sidExchangeRateSwapDollarEuroMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExchangeRateSwapDollarEuroMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateAwapCDIDollarMember" xlink:label="loc_sidExchangeRateAwapCDIDollarMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExchangeRateAwapCDIDollarMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProbabilityOfDefaultAxis" xlink:label="loc_ifrs-fullProbabilityOfDefaultAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProbableScenarioMember" xlink:label="loc_sidProbableScenarioMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidProbableScenarioMember_0" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIMember" xlink:label="loc_sidScenarioIMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIMember_80" xlink:type="arc" order="83" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIIMember" xlink:label="loc_sidScenarioIIMember_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIIMember_90" xlink:type="arc" order="93" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_srtCurrencyAxis" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd#country_US" xlink:label="loc_countryUS_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_countryUS_0" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_EUR" xlink:label="loc_currencyEUR_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyEUR_10" xlink:type="arc" order="14" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesAxis" xlink:label="loc_ifrs-fullTypesOfHedgesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfHedgesAxis" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetExchangePositionOneMember" xlink:label="loc_sidNetExchangePositionOneMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_sidNetExchangePositionOneMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetExchangePositionMember" xlink:label="loc_sidNetExchangePositionMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_sidNetExchangePositionMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossExchangePositionMember" xlink:label="loc_sidGrossExchangePositionMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_sidGrossExchangePositionMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowHedgesMember" xlink:label="loc_ifrs-fullCashFlowHedgesMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_ifrs-fullCashFlowHedgesMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NotionalAmount" xlink:label="loc_ifrs-fullNotionalAmount_310" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNotionalAmount_310" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CurrencyRisk" xlink:label="loc_sidCurrencyRisk_310" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidCurrencyRisk_310" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss" xlink:label="loc_ifrs-fullGainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss_310" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullGainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss_310" xlink:type="arc" order="2" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails6" xlink:title="00000114 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 6)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProbabilityOfDefaultAxis" xlink:label="loc_ifrs-fullProbabilityOfDefaultAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProbableScenarioMember" xlink:label="loc_sidProbableScenarioMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidProbableScenarioMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIIThreeMember" xlink:label="loc_sidScenarioIIThreeMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIIThreeMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIITwoMember" xlink:label="loc_sidScenarioIITwoMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIITwoMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfShareCapitalAxis" xlink:label="loc_ifrs-fullClassesOfShareCapitalAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OrdinarySharesOneMember" xlink:label="loc_sidOrdinarySharesOneMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_sidOrdinarySharesOneMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PreferenceSharesMember" xlink:label="loc_ifrs-fullPreferenceSharesMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_ifrs-fullPreferenceSharesMember_30" xlink:type="arc" order="32" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PreferenceSharesoneMember" xlink:label="loc_sidPreferenceSharesoneMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_sidPreferenceSharesoneMember_60" xlink:type="arc" order="62" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityAnalysisForStockPriceRisks" xlink:label="loc_sidSensitivityAnalysisForStockPriceRisks_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidSensitivityAnalysisForStockPriceRisks_100" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails7" xlink:title="00000115 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 7)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestRateRiskMember" xlink:label="loc_ifrs-fullInterestRateRiskMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullInterestRateRiskMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariableInterestRateAxis" xlink:label="loc_sidVariableInterestRateAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_sidVariableInterestRateAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariableInterestRateDomain" xlink:label="loc_sidVariableInterestRateDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidVariableInterestRateAxis" xlink:to="loc_sidVariableInterestRateDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariableInterestRateDomain" xlink:label="loc_sidVariableInterestRateDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidVariableInterestRateAxis" xlink:to="loc_sidVariableInterestRateDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CDIMember" xlink:label="loc_sidCDIMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidVariableInterestRateDomain" xlink:to="loc_sidCDIMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TJLPMember" xlink:label="loc_sidTJLPMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidVariableInterestRateDomain" xlink:to="loc_sidTJLPMember_30" xlink:type="arc" order="32" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LondonInterbankOfferedRateLIBOROneMember" xlink:label="loc_sidLondonInterbankOfferedRateLIBOROneMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidVariableInterestRateDomain" xlink:to="loc_sidLondonInterbankOfferedRateLIBOROneMember_60" xlink:type="arc" order="62" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProbabilityOfDefaultAxis" xlink:label="loc_ifrs-fullProbabilityOfDefaultAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIMember" xlink:label="loc_sidScenarioIMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIMember_10" xlink:type="arc" order="13" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIIMember" xlink:label="loc_sidScenarioIIMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIIMember_20" xlink:type="arc" order="23" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityAnalysisInterestRate" xlink:label="loc_sidSensitivityAnalysisInterestRate_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidSensitivityAnalysisInterestRate_100" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails8" xlink:title="00000116 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 8)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestRateRiskMember" xlink:label="loc_ifrs-fullInterestRateRiskMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullInterestRateRiskMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariableInterestRateAxis" xlink:label="loc_sidVariableInterestRateAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_sidVariableInterestRateAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariableInterestRateDomain" xlink:label="loc_sidVariableInterestRateDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidVariableInterestRateAxis" xlink:to="loc_sidVariableInterestRateDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariableInterestRateDomain" xlink:label="loc_sidVariableInterestRateDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidVariableInterestRateAxis" xlink:to="loc_sidVariableInterestRateDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TJLPMember" xlink:label="loc_sidTJLPMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidVariableInterestRateDomain" xlink:to="loc_sidTJLPMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LIBORMember" xlink:label="loc_sidLIBORMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidVariableInterestRateDomain" xlink:to="loc_sidLIBORMember_10" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CDIMember" xlink:label="loc_sidCDIMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidVariableInterestRateDomain" xlink:to="loc_sidCDIMember_20" xlink:type="arc" order="22" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProbabilityOfDefaultAxis" xlink:label="loc_ifrs-fullProbabilityOfDefaultAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProbableScenarioMember" xlink:label="loc_sidProbableScenarioMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidProbableScenarioMember_0" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIMember" xlink:label="loc_sidScenarioIMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIMember_50" xlink:type="arc" order="53" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIIMember" xlink:label="loc_sidScenarioIIMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIIMember_60" xlink:type="arc" order="63" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InterestRatesDuringTheYear" xlink:label="loc_sidInterestRatesDuringTheYear_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidInterestRatesDuringTheYear_130" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssets" xlink:label="loc_ifrs-fullFinancialAssets_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialAssets_130" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilities" xlink:label="loc_ifrs-fullFinancialLiabilities_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialLiabilities_130" xlink:type="arc" order="2" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails9" xlink:title="00000117 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 9)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProbabilityOfDefaultAxis" xlink:label="loc_ifrs-fullProbabilityOfDefaultAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProbableScenarioMember" xlink:label="loc_sidProbableScenarioMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidProbableScenarioMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIITwoMember" xlink:label="loc_sidScenarioIITwoMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIITwoMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIIThreeMember" xlink:label="loc_sidScenarioIIThreeMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIIThreeMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="loc_ifrs-fullMaturityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullMaturityAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NotLaterThanOneYearsMember" xlink:label="loc_sidNotLaterThanOneYearsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidNotLaterThanOneYearsMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneYearMember" xlink:label="loc_ifrs-fullLaterThanOneYearMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanOneYearMember_10" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityAnalysisForPriceRisks" xlink:label="loc_sidSensitivityAnalysisForPriceRisks_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidSensitivityAnalysisForPriceRisks_100" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails10" xlink:title="00000118 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 10)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsAxis" xlink:label="loc_ifrs-fullHedgingInstrumentsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullHedgingInstrumentsAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="loc_ifrs-fullHedgingInstrumentsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullHedgingInstrumentsAxis" xlink:to="loc_ifrs-fullHedgingInstrumentsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="loc_ifrs-fullHedgingInstrumentsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullHedgingInstrumentsAxis" xlink:to="loc_ifrs-fullHedgingInstrumentsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapDollarEuroMember" xlink:label="loc_sidExchangeRateSwapDollarEuroMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExchangeRateSwapDollarEuroMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapDollarEuroOneMember" xlink:label="loc_sidExchangeRateSwapDollarEuroOneMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExchangeRateSwapDollarEuroOneMember_10" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalDollarToEuroSwapMember" xlink:label="loc_sidTotalDollarToEuroSwapMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidTotalDollarToEuroSwapMember_20" xlink:type="arc" order="22" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapGBPEuroMember" xlink:label="loc_sidExchangeRateSwapGBPEuroMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExchangeRateSwapGBPEuroMember_30" xlink:type="arc" order="32" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalSwapGBPEuroMember" xlink:label="loc_sidTotalSwapGBPEuroMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidTotalSwapGBPEuroMember_40" xlink:type="arc" order="42" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapCDIDollarMember" xlink:label="loc_sidExchangeRateSwapCDIDollarMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExchangeRateSwapCDIDollarMember_50" xlink:type="arc" order="52" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalSwapCDIDollarMember" xlink:label="loc_sidTotalSwapCDIDollarMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidTotalSwapCDIDollarMember_60" xlink:type="arc" order="62" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Maturity" xlink:label="loc_sidMaturity_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidMaturity_90" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FunctionalCurrency" xlink:label="loc_sidFunctionalCurrency_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidFunctionalCurrency_90" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NotionalAmounts" xlink:label="loc_sidNotionalAmounts_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidNotionalAmounts_90" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AppreciationAssetPosition" xlink:label="loc_sidAppreciationAssetPosition_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidAppreciationAssetPosition_90" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AppreciationLiabilityPosition" xlink:label="loc_sidAppreciationLiabilityPosition_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidAppreciationLiabilityPosition_90" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueMarketAmoountReceivablePayable" xlink:label="loc_sidFairValueMarketAmoountReceivablePayable_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidFairValueMarketAmoountReceivablePayable_90" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ImpactOnFinancialIncomeExpenses" xlink:label="loc_sidImpactOnFinancialIncomeExpenses_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidImpactOnFinancialIncomeExpenses_90" xlink:type="arc" order="6" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails11" xlink:title="00000119 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 11)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesAxis" xlink:label="loc_ifrs-fullTypesOfHedgesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfHedgesAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowHedgesMember" xlink:label="loc_ifrs-fullCashFlowHedgesMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_ifrs-fullCashFlowHedgesMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsAxis" xlink:label="loc_ifrs-fullHedgingInstrumentsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullHedgingInstrumentsAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="loc_ifrs-fullHedgingInstrumentsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullHedgingInstrumentsAxis" xlink:to="loc_ifrs-fullHedgingInstrumentsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="loc_ifrs-fullHedgingInstrumentsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullHedgingInstrumentsAxis" xlink:to="loc_ifrs-fullHedgingInstrumentsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesMember_20" xlink:type="arc" order="23" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesOneMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesOneMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesOneMember_30" xlink:type="arc" order="33" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesTwoMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesTwoMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesTwoMember_40" xlink:type="arc" order="43" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesThreeMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesThreeMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesThreeMember_50" xlink:type="arc" order="53" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesFourMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesFourMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesFourMember_60" xlink:type="arc" order="63" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesFiveMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesFiveMember_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesFiveMember_70" xlink:type="arc" order="73" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesSixMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesSixMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesSixMember_80" xlink:type="arc" order="83" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesSevenMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesSevenMember_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesSevenMember_90" xlink:type="arc" order="93" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesEightMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesEightMember_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesEightMember_100" xlink:type="arc" order="103" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesNineMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesNineMember_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesNineMember_110" xlink:type="arc" order="113" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesTenMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesTenMember_120" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesTenMember_120" xlink:type="arc" order="123" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesElevenMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesElevenMember_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesElevenMember_130" xlink:type="arc" order="133" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondMember" xlink:label="loc_sidBondMember_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidBondMember_140" xlink:type="arc" order="143" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondsandExportprepaymentsinUSMember" xlink:label="loc_sidBondsandExportprepaymentsinUSMember_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidBondsandExportprepaymentsinUSMember_150" xlink:type="arc" order="153" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondsandExportprepaymentsinUSOneMember" xlink:label="loc_sidBondsandExportprepaymentsinUSOneMember_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidBondsandExportprepaymentsinUSOneMember_160" xlink:type="arc" order="163" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondOneMember" xlink:label="loc_sidBondOneMember_170" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidBondOneMember_170" xlink:type="arc" order="173" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_HedgingRelationshipDesignationDate" xlink:label="loc_sidHedgingRelationshipDesignationDate_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidHedgingRelationshipDesignationDate_350" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument" xlink:label="loc_ifrs-fullDescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument_350" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfNatureOfRisksBeingHedged" xlink:label="loc_ifrs-fullDescriptionOfNatureOfRisksBeingHedged_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDescriptionOfNatureOfRisksBeingHedged_350" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfTypeOfHedge" xlink:label="loc_ifrs-fullDescriptionOfTypeOfHedge_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDescriptionOfTypeOfHedge_350" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur" xlink:label="loc_ifrs-fullDescriptionOfPeriodsWhenCashFlowsExpectedToOccur_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDescriptionOfPeriodsWhenCashFlowsExpectedToOccur_350" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AveragePriceOfHedgingInstrument" xlink:label="loc_ifrs-fullAveragePriceOfHedgingInstrument_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullAveragePriceOfHedgingInstrument_350" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgedItemAssets" xlink:label="loc_ifrs-fullHedgedItemAssets_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullHedgedItemAssets_350" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization" xlink:label="loc_sidFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization_350" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments" xlink:label="loc_sidEffectOnFinancialInstrumentsDesignatedAsHedgingInstruments_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidEffectOnFinancialInstrumentsDesignatedAsHedgingInstruments_350" xlink:type="arc" order="8" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:label="loc_ifrs-fullOtherComprehensiveIncomeNetOfTaxCashFlowHedges_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullOtherComprehensiveIncomeNetOfTaxCashFlowHedges_350" xlink:type="arc" order="9" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails12" xlink:title="00000120 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 12)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesAxis" xlink:label="loc_ifrs-fullTypesOfHedgesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfHedgesAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowHedgesMember" xlink:label="loc_ifrs-fullCashFlowHedgesMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_ifrs-fullCashFlowHedgesMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:label="loc_ifrs-fullFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_20" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:label="loc_ifrs-fullGainsLossesOnCashFlowHedgesNetOfTax_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullGainsLossesOnCashFlowHedgesNetOfTax_20" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:label="loc_ifrs-fullReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_20" xlink:type="arc" order="2" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails13" xlink:title="00000121 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 13)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="loc_ifrs-fullMaturityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullMaturityAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NotLaterThanThreeMonthsMember" xlink:label="loc_ifrs-fullNotLaterThanThreeMonthsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullNotLaterThanThreeMonthsMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:label="loc_ifrs-fullLaterThanOneMonthAndNotLaterThanThreeMonthsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanOneMonthAndNotLaterThanThreeMonthsMember_10" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember" xlink:label="loc_ifrs-fullLaterThanThreeMonthsAndNotLaterThanOneYearMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanThreeMonthsAndNotLaterThanOneYearMember_20" xlink:type="arc" order="22" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" xlink:label="loc_ifrs-fullLaterThanThreeMonthsAndNotLaterThanSixMonthsMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanThreeMonthsAndNotLaterThanSixMonthsMember_30" xlink:type="arc" order="32" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" xlink:label="loc_ifrs-fullLaterThanSixMonthsAndNotLaterThanOneYearMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanSixMonthsAndNotLaterThanOneYearMember_40" xlink:type="arc" order="42" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:label="loc_ifrs-fullLaterThanOneYearAndNotLaterThanFiveYearsMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanOneYearAndNotLaterThanFiveYearsMember_50" xlink:type="arc" order="52" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Notional" xlink:label="loc_sidNotional_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidNotional_80" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AppreciationAssetPosition" xlink:label="loc_sidAppreciationAssetPosition_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidAppreciationAssetPosition_80" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AppreciationLiabilityPosition" xlink:label="loc_sidAppreciationLiabilityPosition_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidAppreciationLiabilityPosition_80" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueMarketAmoountReceivablePayable" xlink:label="loc_sidFairValueMarketAmoountReceivablePayable_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidFairValueMarketAmoountReceivablePayable_80" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherOperatingIncomeExpense" xlink:label="loc_ifrs-fullOtherOperatingIncomeExpense_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullOtherOperatingIncomeExpense_80" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncome" xlink:label="loc_ifrs-fullOtherComprehensiveIncome_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullOtherComprehensiveIncome_80" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeVariation" xlink:label="loc_sidExchangeVariation_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidExchangeVariation_80" xlink:type="arc" order="6" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails14" xlink:title="00000122 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 14)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesAxis" xlink:label="loc_ifrs-fullTypesOfHedgesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfHedgesAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowHedgesPlattsMember" xlink:label="loc_sidCashFlowHedgesPlattsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_sidCashFlowHedgesPlattsMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember" xlink:label="loc_sidIncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_sidIncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember_10" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueOfCashFlowAccountingPlattsNetMember" xlink:label="loc_sidFairValueOfCashFlowAccountingPlattsNetMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_sidFairValueOfCashFlowAccountingPlattsNetMember_20" xlink:type="arc" order="22" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ChangeInAmountsRelatedToCashFlowHedge" xlink:label="loc_sidChangeInAmountsRelatedToCashFlowHedge_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidChangeInAmountsRelatedToCashFlowHedge_40" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:label="loc_ifrs-fullGainsLossesOnCashFlowHedgesNetOfTax_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullGainsLossesOnCashFlowHedgesNetOfTax_40" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:label="loc_ifrs-fullReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_40" xlink:type="arc" order="2" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails15" xlink:title="00000123 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 15)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesAxis" xlink:label="loc_ifrs-fullTypesOfHedgesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfHedgesAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" xlink:label="loc_ifrs-fullHedgesOfNetInvestmentInForeignOperationsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_ifrs-fullHedgesOfNetInvestmentInForeignOperationsMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsAxis" xlink:label="loc_ifrs-fullHedgingInstrumentsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullHedgingInstrumentsAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="loc_ifrs-fullHedgingInstrumentsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullHedgingInstrumentsAxis" xlink:to="loc_ifrs-fullHedgingInstrumentsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="loc_ifrs-fullHedgingInstrumentsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullHedgingInstrumentsAxis" xlink:to="loc_ifrs-fullHedgingInstrumentsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NonDerivativeFinancialLiabilitiesInEurDebtContractMember" xlink:label="loc_sidNonDerivativeFinancialLiabilitiesInEurDebtContractMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidNonDerivativeFinancialLiabilitiesInEurDebtContractMember_0" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_HedgingRelationshipDesignationDate" xlink:label="loc_sidHedgingRelationshipDesignationDate_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidHedgingRelationshipDesignationDate_50" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument" xlink:label="loc_ifrs-fullDescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument_50" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfNatureOfRisksBeingHedged" xlink:label="loc_ifrs-fullDescriptionOfNatureOfRisksBeingHedged_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDescriptionOfNatureOfRisksBeingHedged_50" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfTypeOfHedge" xlink:label="loc_ifrs-fullDescriptionOfTypeOfHedge_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDescriptionOfTypeOfHedge_50" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AveragePriceOfHedgingInstrument" xlink:label="loc_ifrs-fullAveragePriceOfHedgingInstrument_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullAveragePriceOfHedgingInstrument_50" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgedItemAssets" xlink:label="loc_ifrs-fullHedgedItemAssets_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullHedgedItemAssets_50" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:label="loc_ifrs-fullOtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullOtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations_50" xlink:type="arc" order="6" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails16" xlink:title="00000124 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 16)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsAxis" xlink:label="loc_ifrs-fullHedgingInstrumentsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullHedgingInstrumentsAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="loc_ifrs-fullHedgingInstrumentsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullHedgingInstrumentsAxis" xlink:to="loc_ifrs-fullHedgingInstrumentsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="loc_ifrs-fullHedgingInstrumentsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullHedgingInstrumentsAxis" xlink:to="loc_ifrs-fullHedgingInstrumentsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapDollarEuroMember" xlink:label="loc_sidExchangeRateSwapDollarEuroMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExchangeRateSwapDollarEuroMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapGBPEuroMember" xlink:label="loc_sidExchangeRateSwapGBPEuroMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExchangeRateSwapGBPEuroMember_30" xlink:type="arc" order="32" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapCDIDollarMember" xlink:label="loc_sidExchangeRateSwapCDIDollarMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExchangeRateSwapCDIDollarMember_60" xlink:type="arc" order="62" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IronOreDerivativeMember" xlink:label="loc_sidIronOreDerivativeMember_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidIronOreDerivativeMember_90" xlink:type="arc" order="92" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:label="loc_ifrs-fullCurrentDerivativeFinancialLiabilities_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCurrentDerivativeFinancialLiabilities_160" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:label="loc_ifrs-fullNoncurrentDerivativeFinancialLiabilities_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNoncurrentDerivativeFinancialLiabilities_160" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DerivativeFinancialLiabilities" xlink:label="loc_ifrs-fullDerivativeFinancialLiabilities_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDerivativeFinancialLiabilities_160" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherOperatingIncomeExpense" xlink:label="loc_ifrs-fullOtherOperatingIncomeExpense_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullOtherOperatingIncomeExpense_160" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncome" xlink:label="loc_ifrs-fullOtherComprehensiveIncome_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullOtherComprehensiveIncome_160" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments" xlink:label="loc_ifrs-fullTradingIncomeExpenseOnDerivativeFinancialInstruments_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullTradingIncomeExpenseOnDerivativeFinancialInstruments_160" xlink:type="arc" order="5" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails17" xlink:title="00000125 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 17)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesMember" xlink:label="loc_ifrs-fullFinancialLiabilitiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:to="loc_ifrs-fullFinancialLiabilitiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesMember" xlink:label="loc_ifrs-fullFinancialLiabilitiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:to="loc_ifrs-fullFinancialLiabilitiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingMember" xlink:label="loc_sidBorrowingsAndFinancingMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidBorrowingsAndFinancingMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeasesMember" xlink:label="loc_sidLeasesMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidLeasesMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesMember" xlink:label="loc_sidTradePayablesMember_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidTradePayablesMember_100" xlink:type="arc" order="101" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesDraweeRiskMember" xlink:label="loc_sidTradePayablesDraweeRiskMember_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidTradePayablesDraweeRiskMember_150" xlink:type="arc" order="151" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsAndInterestOnEquityMember" xlink:label="loc_sidDividendsAndInterestOnEquityMember_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidDividendsAndInterestOnEquityMember_200" xlink:type="arc" order="201" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DerivativesMember" xlink:label="loc_ifrs-fullDerivativesMember_270" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_ifrs-fullDerivativesMember_270" xlink:type="arc" order="271" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="loc_ifrs-fullMaturityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullMaturityAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NotLaterThanOneYearMember" xlink:label="loc_ifrs-fullNotLaterThanOneYearMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullNotLaterThanOneYearMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:label="loc_ifrs-fullLaterThanOneYearAndNotLaterThanTwoYearsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanOneYearAndNotLaterThanTwoYearsMember_10" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" xlink:label="loc_ifrs-fullLaterThanTwoYearsAndNotLaterThanFiveYearsMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanTwoYearsAndNotLaterThanFiveYearsMember_20" xlink:type="arc" order="22" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanFiveYearsMember" xlink:label="loc_ifrs-fullLaterThanFiveYearsMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanFiveYearsMember_30" xlink:type="arc" order="32" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ContractualMaturities" xlink:label="loc_sidContractualMaturities_330" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidContractualMaturities_330" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails18" xlink:title="00000126 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 18)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesMember" xlink:label="loc_ifrs-fullFinancialLiabilitiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:to="loc_ifrs-fullFinancialLiabilitiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesMember" xlink:label="loc_ifrs-fullFinancialLiabilitiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:to="loc_ifrs-fullFinancialLiabilitiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PerpetualBondsMember" xlink:label="loc_sidPerpetualBondsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidPerpetualBondsMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FixedRateNotesMember" xlink:label="loc_sidFixedRateNotesMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidFixedRateNotesMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiquidityRiskMember" xlink:label="loc_ifrs-fullLiquidityRiskMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullLiquidityRiskMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilities" xlink:label="loc_ifrs-fullFinancialLiabilities_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialLiabilities_50" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesAtFairValue" xlink:label="loc_ifrs-fullFinancialLiabilitiesAtFairValue_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialLiabilitiesAtFairValue_50" xlink:type="arc" order="1" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails19" xlink:title="00000127 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 19)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalManagementMember" xlink:label="loc_sidCapitalManagementMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_sidCapitalManagementMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Equity" xlink:label="loc_ifrs-fullEquity_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullEquity_30" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingThirdPartyCapital" xlink:label="loc_sidBorrowingsAndFinancingThirdPartyCapital_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidBorrowingsAndFinancingThirdPartyCapital_30" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossDebitperShareholdersEquity" xlink:label="loc_sidGrossDebitperShareholdersEquity_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidGrossDebitperShareholdersEquity_30" xlink:type="arc" order="2" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetailsNarrative" xlink:title="00000128 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsAxis" xlink:label="loc_ifrs-fullHedgingInstrumentsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullHedgingInstrumentsAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="loc_ifrs-fullHedgingInstrumentsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullHedgingInstrumentsAxis" xlink:to="loc_ifrs-fullHedgingInstrumentsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="loc_ifrs-fullHedgingInstrumentsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullHedgingInstrumentsAxis" xlink:to="loc_ifrs-fullHedgingInstrumentsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencySwapContractMember" xlink:label="loc_ifrs-fullCurrencySwapContractMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_ifrs-fullCurrencySwapContractMember_20" xlink:type="arc" order="22" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_srtCurrencyAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd#country_US" xlink:label="loc_countryUS_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_countryUS_20" xlink:type="arc" order="23" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesAxis" xlink:label="loc_ifrs-fullTypesOfHedgesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfHedgesAxis" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowHedgesMember" xlink:label="loc_ifrs-fullCashFlowHedgesMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_ifrs-fullCashFlowHedgesMember_40" xlink:type="arc" order="42" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProbabilityOfDefaultAxis" xlink:label="loc_ifrs-fullProbabilityOfDefaultAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIMember" xlink:label="loc_sidScenarioIMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIMember_50" xlink:type="arc" order="52" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIIMember" xlink:label="loc_sidScenarioIIMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIIMember_60" xlink:type="arc" order="62" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesMember" xlink:label="loc_ifrs-fullFinancialLiabilitiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:to="loc_ifrs-fullFinancialLiabilitiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesMember" xlink:label="loc_ifrs-fullFinancialLiabilitiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:to="loc_ifrs-fullFinancialLiabilitiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NonDerivativeFinancialLiabilitiesMember" xlink:label="loc_sidNonDerivativeFinancialLiabilitiesMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidNonDerivativeFinancialLiabilitiesMember_80" xlink:type="arc" order="81" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DerivativeExchangeRateSwap" xlink:label="loc_sidDerivativeExchangeRateSwap_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidDerivativeExchangeRateSwap_100" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOnResultRecognizedInOtherOperationalHedgingInstrument" xlink:label="loc_sidEffectOnResultRecognizedInOtherOperationalHedgingInstrument_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidEffectOnResultRecognizedInOtherOperationalHedgingInstrument_100" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfScenarios" xlink:label="loc_sidPercentageOfScenarios_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidPercentageOfScenarios_100" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariationsOfRiskForProbableScenarios" xlink:label="loc_sidVariationsOfRiskForProbableScenarios_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidVariationsOfRiskForProbableScenarios_100" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingExpenses" xlink:label="loc_sidOtherOperatingExpenses_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidOtherOperatingExpenses_100" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LoanContractsWithFinancialInstitutions" xlink:label="loc_sidLoanContractsWithFinancialInstitutions_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidLoanContractsWithFinancialInstitutions_100" xlink:type="arc" order="5" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherPayablesDetails" xlink:title="00000129 - Disclosure - 15. OTHER PAYABLES (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPayablesLineItems" xlink:label="loc_sidOtherPayablesLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPayablesTable" xlink:label="loc_sidOtherPayablesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidOtherPayablesLineItems" xlink:to="loc_sidOtherPayablesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfLiabilitiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidOtherPayablesTable" xlink:to="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:to="loc_ifrs-fullLiabilitiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:to="loc_ifrs-fullLiabilitiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PayablesToRelatedPartiesMember" xlink:label="loc_sidPayablesToRelatedPartiesMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidPayablesToRelatedPartiesMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsAndInterestOnCapitalPayableMember" xlink:label="loc_sidDividendsAndInterestOnCapitalPayableMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidDividendsAndInterestOnCapitalPayableMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdvancesFromCustomersMember" xlink:label="loc_sidAdvancesFromCustomersMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidAdvancesFromCustomersMember_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesInInstallmentsMember" xlink:label="loc_sidTaxesInInstallmentsMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidTaxesInInstallmentsMember_80" xlink:type="arc" order="81" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProfitSharingEmployeesMember" xlink:label="loc_sidProfitSharingEmployeesMember_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidProfitSharingEmployeesMember_100" xlink:type="arc" order="101" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesPayableMember" xlink:label="loc_sidTaxesPayableMember_120" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidTaxesPayableMember_120" xlink:type="arc" order="121" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionFromConsumptionAndServicesMember" xlink:label="loc_sidProvisionFromConsumptionAndServicesMember_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidProvisionFromConsumptionAndServicesMember_140" xlink:type="arc" order="141" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ThirdPartyMaterialsInOurPossessionMember" xlink:label="loc_sidThirdPartyMaterialsInOurPossessionMember_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidThirdPartyMaterialsInOurPossessionMember_160" xlink:type="arc" order="161" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesDraweeRiskMember" xlink:label="loc_sidTradePayablesDraweeRiskMember_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidTradePayablesDraweeRiskMember_180" xlink:type="arc" order="181" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LeaseLiabilitiesMember" xlink:label="loc_ifrs-fullLeaseLiabilitiesMember_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_ifrs-fullLeaseLiabilitiesMember_200" xlink:type="arc" order="201" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPayablesMember" xlink:label="loc_sidOtherPayablesMember_220" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidOtherPayablesMember_220" xlink:type="arc" order="221" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DerivativeFinancialInstrumentsMember" xlink:label="loc_sidDerivativeFinancialInstrumentsMember_240" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidDerivativeFinancialInstrumentsMember_240" xlink:type="arc" order="241" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentPayables" xlink:label="loc_ifrs-fullOtherCurrentPayables_260" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidOtherPayablesLineItems" xlink:to="loc_ifrs-fullOtherCurrentPayables_260" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentPayables" xlink:label="loc_ifrs-fullOtherNoncurrentPayables_260" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidOtherPayablesLineItems" xlink:to="loc_ifrs-fullOtherNoncurrentPayables_260" xlink:type="arc" order="1" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherPayablesDetailsNarrative" xlink:title="00000130 - Disclosure - 15. OTHER PAYABLES (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPayablesLineItems" xlink:label="loc_sidOtherPayablesLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPayablesTable" xlink:label="loc_sidOtherPayablesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidOtherPayablesLineItems" xlink:to="loc_sidOtherPayablesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CurrencyAxisSignificantInvestmentsInSubsidiariesAxis" xlink:label="loc_sidCurrencyAxisSignificantInvestmentsInSubsidiariesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidOtherPayablesTable" xlink:to="loc_sidCurrencyAxisSignificantInvestmentsInSubsidiariesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CurrencyAxisSignificantInvestmentsInSubsidiariesDomain" xlink:label="loc_sidCurrencyAxisSignificantInvestmentsInSubsidiariesDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidCurrencyAxisSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_sidCurrencyAxisSignificantInvestmentsInSubsidiariesDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CurrencyAxisSignificantInvestmentsInSubsidiariesDomain" xlink:label="loc_sidCurrencyAxisSignificantInvestmentsInSubsidiariesDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidCurrencyAxisSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_sidCurrencyAxisSignificantInvestmentsInSubsidiariesDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMineracaoMember" xlink:label="loc_sidCSNMineracaoMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidCurrencyAxisSignificantInvestmentsInSubsidiariesDomain" xlink:to="loc_sidCSNMineracaoMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidOtherPayablesTable" xlink:to="loc_srtCurrencyAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_USD" xlink:label="loc_currencyUSD_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyUSD_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SupplyOfIronOre" xlink:label="loc_sidSupplyOfIronOre_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidOtherPayablesLineItems" xlink:to="loc_sidSupplyOfIronOre_110" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionalSupplyOfIronOre" xlink:label="loc_sidAdditionalSupplyOfIronOre_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidOtherPayablesLineItems" xlink:to="loc_sidAdditionalSupplyOfIronOre_110" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LoansAndAdvancesToCustomers" xlink:label="loc_ifrs-fullLoansAndAdvancesToCustomers_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidOtherPayablesLineItems" xlink:to="loc_ifrs-fullLoansAndAdvancesToCustomers_110" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SupplyOfContract" xlink:label="loc_sidSupplyOfContract_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidOtherPayablesLineItems" xlink:to="loc_sidSupplyOfContract_110" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ContractualTerm" xlink:label="loc_sidContractualTerm_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidOtherPayablesLineItems" xlink:to="loc_sidContractualTerm_110" xlink:type="arc" order="4" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetails" xlink:title="00000131 - Disclosure - 16. LEASES (Details)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetails1" xlink:title="00000132 - Disclosure - 16. LEASES (Details 1)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetails2" xlink:title="00000133 - Disclosure - 16. LEASES (Details 2)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentationOfLeasesForLesseeLineItems" xlink:label="loc_sidPresentationOfLeasesForLesseeLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentationOfLeasesForLesseeTable" xlink:label="loc_sidPresentationOfLeasesForLesseeTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_sidPresentationOfLeasesForLesseeTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="loc_ifrs-fullMaturityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidPresentationOfLeasesForLesseeTable" xlink:to="loc_ifrs-fullMaturityAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NotLaterThanOne1YearMember" xlink:label="loc_sidNotLaterThanOne1YearMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidNotLaterThanOne1YearMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:label="loc_ifrs-fullLaterThanOneYearAndNotLaterThanFiveYearsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanOneYearAndNotLaterThanFiveYearsMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanFiveYearsMember" xlink:label="loc_ifrs-fullLaterThanFiveYearsMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanFiveYearsMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossLeaseLiabilities" xlink:label="loc_ifrs-fullGrossLeaseLiabilities_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_ifrs-fullGrossLeaseLiabilities_50" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentValueAdjustmentLeasesLiabilities" xlink:label="loc_sidPresentValueAdjustmentLeasesLiabilities_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_sidPresentValueAdjustmentLeasesLiabilities_50" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LeaseLiabilities" xlink:label="loc_ifrs-fullLeaseLiabilities_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_ifrs-fullLeaseLiabilities_50" xlink:type="arc" order="2" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetails3" xlink:title="00000134 - Disclosure - 16. LEASES (Details 3)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetails4" xlink:title="00000135 - Disclosure - 16. LEASES (Details 4)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetails5" xlink:title="00000136 - Disclosure - 16. LEASES (Details 5)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentationOfLeasesForLesseeLineItems" xlink:label="loc_sidPresentationOfLeasesForLesseeLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentationOfLeasesForLesseeTable" xlink:label="loc_sidPresentationOfLeasesForLesseeTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_sidPresentationOfLeasesForLesseeTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RateAxis" xlink:label="loc_sidRateAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidPresentationOfLeasesForLesseeTable" xlink:to="loc_sidRateAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RateDomain" xlink:label="loc_sidRateDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidRateAxis" xlink:to="loc_sidRateDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RateDomain" xlink:label="loc_sidRateDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidRateAxis" xlink:to="loc_sidRateDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RateInNominalTermsAndActualFlowMember" xlink:label="loc_sidRateInNominalTermsAndActualFlowMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidRateDomain" xlink:to="loc_sidRateInNominalTermsAndActualFlowMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LeaseLiabilities" xlink:label="loc_ifrs-fullLeaseLiabilities_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_ifrs-fullLeaseLiabilities_90" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RightOfUse" xlink:label="loc_sidRightOfUse_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_sidRightOfUse_90" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialExpense" xlink:label="loc_sidFinancialExpense_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_sidFinancialExpense_90" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Depreciations" xlink:label="loc_sidDepreciations_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_sidDepreciations_90" xlink:type="arc" order="3" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetailsNarrative" xlink:title="00000137 - Disclosure - 16. LEASES (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentationOfLeasesForLesseeLineItems" xlink:label="loc_sidPresentationOfLeasesForLesseeLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentationOfLeasesForLesseeTable" xlink:label="loc_sidPresentationOfLeasesForLesseeTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_sidPresentationOfLeasesForLesseeTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-fullRangeAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidPresentationOfLeasesForLesseeTable" xlink:to="loc_ifrs-fullRangeAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BottomOfRangeMember" xlink:label="loc_ifrs-fullBottomOfRangeMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullBottomOfRangeMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="loc_ifrs-fullTopOfRangeMember_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullTopOfRangeMember_70" xlink:type="arc" order="72" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidPresentationOfLeasesForLesseeTable" xlink:to="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CargoTerminalTECONMember" xlink:label="loc_sidCargoTerminalTECONMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_sidCargoTerminalTECONMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CargoTerminalTECARMember" xlink:label="loc_sidCargoTerminalTECARMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_sidCargoTerminalTECARMember_10" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RailwayOperationMember" xlink:label="loc_sidRailwayOperationMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_sidRailwayOperationMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OperationalFacilitiesMember" xlink:label="loc_sidOperationalFacilitiesMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_sidOperationalFacilitiesMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdministrativeMember" xlink:label="loc_sidAdministrativeMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_sidAdministrativeMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SalesOfficesMember" xlink:label="loc_sidSalesOfficesMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_sidSalesOfficesMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OperatingEquipmentMember" xlink:label="loc_sidOperatingEquipmentMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_sidOperatingEquipmentMember_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseAgreementRemainingTerm" xlink:label="loc_sidLeaseAgreementRemainingTerm_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_sidLeaseAgreementRemainingTerm_90" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradePayablesDetails" xlink:title="00000138 - Disclosure - 17. TRADE PAYABLES (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesLineItems" xlink:label="loc_sidTradePayablesLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesTable" xlink:label="loc_sidTradePayablesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidTradePayablesLineItems" xlink:to="loc_sidTradePayablesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssetsAndLiabilitiesAxis" xlink:label="loc_ifrs-fullAssetsAndLiabilitiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidTradePayablesTable" xlink:to="loc_ifrs-fullAssetsAndLiabilitiesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssetsAndLiabilitiesMember" xlink:label="loc_ifrs-fullAssetsAndLiabilitiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullAssetsAndLiabilitiesAxis" xlink:to="loc_ifrs-fullAssetsAndLiabilitiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssetsAndLiabilitiesMember" xlink:label="loc_ifrs-fullAssetsAndLiabilitiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullAssetsAndLiabilitiesAxis" xlink:to="loc_ifrs-fullAssetsAndLiabilitiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CurrentTradePayablesMember" xlink:label="loc_sidCurrentTradePayablesMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAssetsAndLiabilitiesMember" xlink:to="loc_sidCurrentTradePayablesMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NonCurrentTradePayablesMember" xlink:label="loc_sidNonCurrentTradePayablesMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAssetsAndLiabilitiesMember" xlink:to="loc_sidNonCurrentTradePayablesMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherPayablesToTradeSuppliers" xlink:label="loc_ifrs-fullTradeAndOtherPayablesToTradeSuppliers_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidTradePayablesLineItems" xlink:to="loc_ifrs-fullTradeAndOtherPayablesToTradeSuppliers_40" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentPresentValue" xlink:label="loc_sidAdjustmentPresentValue_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidTradePayablesLineItems" xlink:to="loc_sidAdjustmentPresentValue_40" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherPayables" xlink:label="loc_ifrs-fullTradeAndOtherPayables_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidTradePayablesLineItems" xlink:to="loc_ifrs-fullTradeAndOtherPayables_40" xlink:type="arc" order="2" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails" xlink:title="00000139 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails1" xlink:title="00000140 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 1)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionLineItems" xlink:label="loc_sidIncomeTaxAndSocialContributionLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionTable" xlink:label="loc_sidIncomeTaxAndSocialContributionTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidIncomeTaxAndSocialContributionTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionAxis" xlink:label="loc_sidIncomeTaxAndSocialContributionAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidIncomeTaxAndSocialContributionTable" xlink:to="loc_sidIncomeTaxAndSocialContributionAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionDomain" xlink:label="loc_sidIncomeTaxAndSocialContributionDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidIncomeTaxAndSocialContributionAxis" xlink:to="loc_sidIncomeTaxAndSocialContributionDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionDomain" xlink:label="loc_sidIncomeTaxAndSocialContributionDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidIncomeTaxAndSocialContributionAxis" xlink:to="loc_sidIncomeTaxAndSocialContributionDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquityInResultsOfAffiliatedCompaniesMember" xlink:label="loc_sidEquityInResultsOfAffiliatedCompaniesMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidEquityInResultsOfAffiliatedCompaniesMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProfitWithDifferentiatedRatesOrUntaxedMember" xlink:label="loc_sidProfitWithDifferentiatedRatesOrUntaxedMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidProfitWithDifferentiatedRatesOrUntaxedMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransferPricingAdjustmentMember" xlink:label="loc_sidTransferPricingAdjustmentMember_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidTransferPricingAdjustmentMember_70" xlink:type="arc" order="71" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember" xlink:label="loc_sidTaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidTaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember_90" xlink:type="arc" order="91" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LimitOfIndebtednessMember" xlink:label="loc_sidLimitOfIndebtednessMember_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidLimitOfIndebtednessMember_110" xlink:type="arc" order="111" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UnrecordedDeferredTaxesOnTemporaryDifferencesMember" xlink:label="loc_sidUnrecordedDeferredTaxesOnTemporaryDifferencesMember_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidUnrecordedDeferredTaxesOnTemporaryDifferencesMember_130" xlink:type="arc" order="131" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember" xlink:label="loc_sidLossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidLossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember_150" xlink:type="arc" order="151" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionOnForeignProfitMember" xlink:label="loc_sidIncomeTaxAndSocialContributionOnForeignProfitMember_170" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidIncomeTaxAndSocialContributionOnForeignProfitMember_170" xlink:type="arc" order="171" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxIncentivesMember" xlink:label="loc_sidTaxIncentivesMember_190" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidTaxIncentivesMember_190" xlink:type="arc" order="191" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReversalOfDeferredTaxInNamisaMember" xlink:label="loc_sidReversalOfDeferredTaxInNamisaMember_210" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidReversalOfDeferredTaxInNamisaMember_210" xlink:type="arc" order="211" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InterestOnEquityMember" xlink:label="loc_sidInterestOnEquityMember_230" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidInterestOnEquityMember_230" xlink:type="arc" order="231" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPermanentDeductionsAdditionsMember" xlink:label="loc_sidOtherPermanentDeductionsAdditionsMember_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidOtherPermanentDeductionsAdditionsMember_250" xlink:type="arc" order="251" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AccountingProfit" xlink:label="loc_ifrs-fullAccountingProfit_400" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullAccountingProfit_400" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ApplicableTaxRate" xlink:label="loc_ifrs-fullApplicableTaxRate_400" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullApplicableTaxRate_400" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TaxExpenseIncomeAtApplicableTaxRate" xlink:label="loc_ifrs-fullTaxExpenseIncomeAtApplicableTaxRate_400" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullTaxExpenseIncomeAtApplicableTaxRate_400" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:label="loc_ifrs-fullOtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_400" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullOtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_400" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="loc_ifrs-fullIncomeTaxExpenseContinuingOperations_400" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullIncomeTaxExpenseContinuingOperations_400" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TaxRateEffectOfTaxLosses" xlink:label="loc_ifrs-fullTaxRateEffectOfTaxLosses_400" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullTaxRateEffectOfTaxLosses_400" xlink:type="arc" order="5" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails2" xlink:title="00000141 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 2)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionLineItems" xlink:label="loc_sidIncomeTaxAndSocialContributionLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionTable" xlink:label="loc_sidIncomeTaxAndSocialContributionTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidIncomeTaxAndSocialContributionTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxAssetLiabilityAxis" xlink:label="loc_sidDeferredTaxAssetLiabilityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidIncomeTaxAndSocialContributionTable" xlink:to="loc_sidDeferredTaxAssetLiabilityAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxAssetLiabilityDomain" xlink:label="loc_sidDeferredTaxAssetLiabilityDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidDeferredTaxAssetLiabilityAxis" xlink:to="loc_sidDeferredTaxAssetLiabilityDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxAssetLiabilityDomain" xlink:label="loc_sidDeferredTaxAssetLiabilityDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidDeferredTaxAssetLiabilityAxis" xlink:to="loc_sidDeferredTaxAssetLiabilityDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredIncomeTaxLossesMember" xlink:label="loc_sidDeferredIncomeTaxLossesMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidDeferredIncomeTaxLossesMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredSocialContributionTaxLossesMember" xlink:label="loc_sidDeferredSocialContributionTaxLossesMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidDeferredSocialContributionTaxLossesMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TemporaryDifferencesMember" xlink:label="loc_sidTemporaryDifferencesMember_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidTemporaryDifferencesMember_70" xlink:type="arc" order="71" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember_90" xlink:type="arc" order="91" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AssetsImpairmentLossesMember" xlink:label="loc_sidAssetsImpairmentLossesMember_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidAssetsImpairmentLossesMember_110" xlink:type="arc" order="111" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GainsLossesOnFinancialInstrumentsMember" xlink:label="loc_sidGainsLossesOnFinancialInstrumentsMember_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidGainsLossesOnFinancialInstrumentsMember_130" xlink:type="arc" order="131" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialLiabilityPensionAndHealthcarePlanMember" xlink:label="loc_sidActuarialLiabilityPensionAndHealthcarePlanMember_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidActuarialLiabilityPensionAndHealthcarePlanMember_150" xlink:type="arc" order="151" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccruedSuppliesAndServicesMember" xlink:label="loc_sidAccruedSuppliesAndServicesMember_170" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidAccruedSuppliesAndServicesMember_170" xlink:type="arc" order="171" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UnrealizedExchangeDifferencesMember" xlink:label="loc_sidUnrealizedExchangeDifferencesMember_190" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidUnrealizedExchangeDifferencesMember_190" xlink:type="arc" order="191" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GainUponLossOfControlInTransnordestinaMember" xlink:label="loc_sidGainUponLossOfControlInTransnordestinaMember_210" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidGainUponLossOfControlInTransnordestinaMember_210" xlink:type="arc" order="211" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowHedgeAccountingMember" xlink:label="loc_sidCashFlowHedgeAccountingMember_230" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidCashFlowHedgeAccountingMember_230" xlink:type="arc" order="231" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AcquisitionFairValueSwtCblMember" xlink:label="loc_sidAcquisitionFairValueSwtCblMember_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidAcquisitionFairValueSwtCblMember_250" xlink:type="arc" order="251" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxesNonComputedMember" xlink:label="loc_sidDeferredTaxesNonComputedMember_270" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidDeferredTaxesNonComputedMember_270" xlink:type="arc" order="271" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EstimatedLossesReversalsToDeferredTaxesCreditsMember" xlink:label="loc_sidEstimatedLossesReversalsToDeferredTaxesCreditsMember_290" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidEstimatedLossesReversalsToDeferredTaxesCreditsMember_290" xlink:type="arc" order="291" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BusinessCombinationMember" xlink:label="loc_sidBusinessCombinationMember_310" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidBusinessCombinationMember_310" xlink:type="arc" order="311" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsolidationCBSIMember" xlink:label="loc_sidConsolidationCBSIMember_330" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidConsolidationCBSIMember_330" xlink:type="arc" order="331" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersMember" xlink:label="loc_sidOthersMember_350" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidOthersMember_350" xlink:type="arc" order="351" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxLiabilityAsset" xlink:label="loc_ifrs-fullDeferredTaxLiabilityAsset_380" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullDeferredTaxLiabilityAsset_380" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" xlink:label="loc_ifrs-fullDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity_380" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity_380" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:label="loc_ifrs-fullDeferredTaxExpenseIncomeRecognisedInProfitOrLoss_380" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullDeferredTaxExpenseIncomeRecognisedInProfitOrLoss_380" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset" xlink:label="loc_ifrs-fullIncreaseDecreaseInDeferredTaxLiabilityAsset_380" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseInDeferredTaxLiabilityAsset_380" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxAssets1" xlink:label="loc_sidDeferredTaxAssets1_380" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidDeferredTaxAssets1_380" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxLiabilities1" xlink:label="loc_sidDeferredTaxLiabilities1_380" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidDeferredTaxLiabilities1_380" xlink:type="arc" order="6" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails3" xlink:title="00000142 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 3)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionLineItems" xlink:label="loc_sidIncomeTaxAndSocialContributionLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionTable" xlink:label="loc_sidIncomeTaxAndSocialContributionTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidIncomeTaxAndSocialContributionTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="loc_ifrs-fullMaturityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidIncomeTaxAndSocialContributionTable" xlink:to="loc_ifrs-fullMaturityAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneYearMember" xlink:label="loc_ifrs-fullLaterThanOneYearMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanOneYearMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanTwoYearMember" xlink:label="loc_sidLaterThanTwoYearMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidLaterThanTwoYearMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanThreeYearMember" xlink:label="loc_sidLaterThanThreeYearMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidLaterThanThreeYearMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanFourYearMember" xlink:label="loc_sidLaterThanFourYearMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidLaterThanFourYearMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanFiveYearMember" xlink:label="loc_sidLaterThanFiveYearMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidLaterThanFiveYearMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxAssets2" xlink:label="loc_sidDeferredTaxAssets2_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidDeferredTaxAssets2_70" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredLiabilitiesParentCompany" xlink:label="loc_sidDeferredLiabilitiesParentCompany_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidDeferredLiabilitiesParentCompany_70" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossDeferredTaxAssets" xlink:label="loc_sidGrossDeferredTaxAssets_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidGrossDeferredTaxAssets_70" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredLiabilitiesSubsidiaries" xlink:label="loc_sidDeferredLiabilitiesSubsidiaries_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidDeferredLiabilitiesSubsidiaries_70" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NetDeferredTaxAssets" xlink:label="loc_ifrs-fullNetDeferredTaxAssets_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullNetDeferredTaxAssets_70" xlink:type="arc" order="4" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails4" xlink:title="00000143 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 4)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails5" xlink:title="00000144 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 5)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionLineItems" xlink:label="loc_sidIncomeTaxAndSocialContributionLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionTable" xlink:label="loc_sidIncomeTaxAndSocialContributionTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidIncomeTaxAndSocialContributionTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionAxis" xlink:label="loc_sidIncomeTaxAndSocialContributionAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidIncomeTaxAndSocialContributionTable" xlink:to="loc_sidIncomeTaxAndSocialContributionAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionDomain" xlink:label="loc_sidIncomeTaxAndSocialContributionDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidIncomeTaxAndSocialContributionAxis" xlink:to="loc_sidIncomeTaxAndSocialContributionDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionDomain" xlink:label="loc_sidIncomeTaxAndSocialContributionDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidIncomeTaxAndSocialContributionAxis" xlink:to="loc_sidIncomeTaxAndSocialContributionDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxLossesMember" xlink:label="loc_sidTaxLossesMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidTaxLossesMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeDifferenceExpensesMember" xlink:label="loc_sidExchangeDifferenceExpensesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidExchangeDifferenceExpensesMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LossesOnUsiminasSharesMember" xlink:label="loc_sidLossesOnUsiminasSharesMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidLossesOnUsiminasSharesMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherProvisionsMember" xlink:label="loc_ifrs-fullOtherProvisionsMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_ifrs-fullOtherProvisionsMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory" xlink:label="loc_ifrs-fullDisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullDisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory_50" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetailsNarrative" xlink:title="00000145 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionLineItems" xlink:label="loc_sidIncomeTaxAndSocialContributionLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionTable" xlink:label="loc_sidIncomeTaxAndSocialContributionTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidIncomeTaxAndSocialContributionTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-fullRangeAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidIncomeTaxAndSocialContributionTable" xlink:to="loc_ifrs-fullRangeAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="loc_ifrs-fullTopOfRangeMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullTopOfRangeMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProfitGeneratedByForeignSubsidiaries" xlink:label="loc_sidProfitGeneratedByForeignSubsidiaries_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidProfitGeneratedByForeignSubsidiaries_60" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContribution" xlink:label="loc_sidIncomeTaxAndSocialContribution_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidIncomeTaxAndSocialContribution_60" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_UnusedTaxCreditsForWhichNoDeferredTaxAssetRecognised" xlink:label="loc_ifrs-fullUnusedTaxCreditsForWhichNoDeferredTaxAssetRecognised_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullUnusedTaxCreditsForWhichNoDeferredTaxAssetRecognised_60" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NegativeBaseOfSocialContribution" xlink:label="loc_sidNegativeBaseOfSocialContribution_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidNegativeBaseOfSocialContribution_60" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxCreditsMaturityTerms" xlink:label="loc_sidTaxCreditsMaturityTerms_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidTaxCreditsMaturityTerms_60" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReversedOfEstimatedLosses" xlink:label="loc_sidReversedOfEstimatedLosses_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidReversedOfEstimatedLosses_60" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxAsset" xlink:label="loc_sidDeferredTaxAsset_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidDeferredTaxAsset_60" xlink:type="arc" order="6" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/TaxesInInstallmentsDetails" xlink:title="00000146 - Disclosure - 19. TAXES IN INSTALLMENTS (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesInInstallmentsLineItems" xlink:label="loc_sidTaxesInInstallmentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesInInstallmentsTable" xlink:label="loc_sidTaxesInInstallmentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidTaxesInInstallmentsLineItems" xlink:to="loc_sidTaxesInInstallmentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfLiabilitiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidTaxesInInstallmentsTable" xlink:to="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:to="loc_ifrs-fullLiabilitiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:to="loc_ifrs-fullLiabilitiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FederalRefisLaw1Member" xlink:label="loc_sidFederalRefisLaw1Member_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidFederalRefisLaw1Member_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FederalRefisLaw2Member" xlink:label="loc_sidFederalRefisLaw2Member_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidFederalRefisLaw2Member_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherTaxesInInstallmentsMember" xlink:label="loc_sidOtherTaxesInInstallmentsMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidOtherTaxesInInstallmentsMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent" xlink:label="loc_sidFederalRefisAndOtherTaxInstallmentPaymentPlansCurrent_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidTaxesInInstallmentsLineItems" xlink:to="loc_sidFederalRefisAndOtherTaxInstallmentPaymentPlansCurrent_90" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent" xlink:label="loc_sidFederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidTaxesInInstallmentsLineItems" xlink:to="loc_sidFederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent_90" xlink:type="arc" order="1" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails" xlink:title="00000147 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfLiabilitiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:to="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:to="loc_ifrs-fullLiabilitiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:to="loc_ifrs-fullLiabilitiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxMember" xlink:label="loc_sidTaxMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidTaxMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SocialSecurityMember" xlink:label="loc_sidSocialSecurityMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidSocialSecurityMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaborMember" xlink:label="loc_sidLaborMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidLaborMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CivilMember" xlink:label="loc_sidCivilMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidCivilMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EnvironmentalMember" xlink:label="loc_sidEnvironmentalMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidEnvironmentalMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DepositOfAGuaranteeMember" xlink:label="loc_sidDepositOfAGuaranteeMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidDepositOfAGuaranteeMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Accruals" xlink:label="loc_ifrs-fullAccruals_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_ifrs-fullAccruals_150" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DepositsFromBanks" xlink:label="loc_ifrs-fullDepositsFromBanks_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_ifrs-fullDepositsFromBanks_150" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccruedLiabilitieCurrent" xlink:label="loc_sidAccruedLiabilitieCurrent_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidAccruedLiabilitieCurrent_150" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccruedLiabilitiesNonCurrent" xlink:label="loc_sidAccruedLiabilitiesNonCurrent_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidAccruedLiabilitiesNonCurrent_150" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_JudicialDepositsCurrent" xlink:label="loc_sidJudicialDepositsCurrent_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidJudicialDepositsCurrent_150" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_JudicialDepositsNonCurrent" xlink:label="loc_sidJudicialDepositsNonCurrent_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidJudicialDepositsNonCurrent_150" xlink:type="arc" order="5" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails1" xlink:title="00000148 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details 1)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfLiabilitiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:to="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:to="loc_ifrs-fullLiabilitiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:to="loc_ifrs-fullLiabilitiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxMember" xlink:label="loc_sidTaxMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidTaxMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SocialSecurityMember" xlink:label="loc_sidSocialSecurityMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidSocialSecurityMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaborMember" xlink:label="loc_sidLaborMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidLaborMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CivilMember" xlink:label="loc_sidCivilMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidCivilMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EnvironmentalMember" xlink:label="loc_sidEnvironmentalMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidEnvironmentalMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Accruals" xlink:label="loc_ifrs-fullAccruals_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_ifrs-fullAccruals_70" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionsToAccruals" xlink:label="loc_sidAdditionsToAccruals_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidAdditionsToAccruals_70" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccruedCharges" xlink:label="loc_sidAccruedCharges_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidAccruedCharges_70" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetUtilizationOfAccrualReversal" xlink:label="loc_sidNetUtilizationOfAccrualReversal_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidNetUtilizationOfAccrualReversal_70" xlink:type="arc" order="3" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails2" xlink:title="00000149 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details 2)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfProvisionsAxis" xlink:label="loc_ifrs-fullClassesOfProvisionsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:to="loc_ifrs-fullClassesOfProvisionsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherProvisionsMember" xlink:label="loc_ifrs-fullOtherProvisionsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfProvisionsAxis" xlink:to="loc_ifrs-fullOtherProvisionsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherProvisionsMember" xlink:label="loc_ifrs-fullOtherProvisionsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfProvisionsAxis" xlink:to="loc_ifrs-fullOtherProvisionsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter1Member" xlink:label="loc_sidMainLegalMatter1Member_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter1Member_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter2Member" xlink:label="loc_sidMainLegalMatter2Member_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter2Member_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter3Member" xlink:label="loc_sidMainLegalMatter3Member_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter3Member_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter4Member" xlink:label="loc_sidMainLegalMatter4Member_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter4Member_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter5Member" xlink:label="loc_sidMainLegalMatter5Member_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter5Member_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter7Member" xlink:label="loc_sidMainLegalMatter7Member_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter7Member_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter8Member" xlink:label="loc_sidMainLegalMatter8Member_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter8Member_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter10Member" xlink:label="loc_sidMainLegalMatter10Member_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter10Member_70" xlink:type="arc" order="71" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter11Member" xlink:label="loc_sidMainLegalMatter11Member_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter11Member_80" xlink:type="arc" order="81" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter13Member" xlink:label="loc_sidMainLegalMatter13Member_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter13Member_90" xlink:type="arc" order="91" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter14Member" xlink:label="loc_sidMainLegalMatter14Member_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter14Member_100" xlink:type="arc" order="101" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter15Member" xlink:label="loc_sidMainLegalMatter15Member_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter15Member_110" xlink:type="arc" order="111" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter21Member" xlink:label="loc_sidMainLegalMatter21Member_120" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter21Member_120" xlink:type="arc" order="121" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter16Member" xlink:label="loc_sidMainLegalMatter16Member_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter16Member_130" xlink:type="arc" order="131" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter25Member" xlink:label="loc_sidMainLegalMatter25Member_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter25Member_140" xlink:type="arc" order="141" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter26Member" xlink:label="loc_sidMainLegalMatter26Member_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter26Member_150" xlink:type="arc" order="151" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter27Member" xlink:label="loc_sidMainLegalMatter27Member_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter27Member_160" xlink:type="arc" order="161" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter17Member" xlink:label="loc_sidMainLegalMatter17Member_170" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter17Member_170" xlink:type="arc" order="171" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter18Member" xlink:label="loc_sidMainLegalMatter18Member_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter18Member_180" xlink:type="arc" order="181" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter19Member" xlink:label="loc_sidMainLegalMatter19Member_190" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter19Member_190" xlink:type="arc" order="191" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter30Member" xlink:label="loc_sidMainLegalMatter30Member_200" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter30Member_200" xlink:type="arc" order="201" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter32Member" xlink:label="loc_sidMainLegalMatter32Member_210" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter32Member_210" xlink:type="arc" order="211" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter20Member" xlink:label="loc_sidMainLegalMatter20Member_220" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter20Member_220" xlink:type="arc" order="221" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter28Member" xlink:label="loc_sidMainLegalMatter28Member_420" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter28Member_420" xlink:type="arc" order="421" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter23Member" xlink:label="loc_sidMainLegalMatter23Member_460" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter23Member_460" xlink:type="arc" order="461" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter29Member" xlink:label="loc_sidMainLegalMatter29Member_480" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter29Member_480" xlink:type="arc" order="481" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter31Member" xlink:label="loc_sidMainLegalMatter31Member_510" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter31Member_510" xlink:type="arc" order="511" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LegalProceedingsProvision" xlink:label="loc_ifrs-fullLegalProceedingsProvision_570" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_ifrs-fullLegalProceedingsProvision_570" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetailsNarrative" xlink:title="00000150 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:label="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" xlink:label="loc_ifrs-fullEntitysTotalForSubsidiariesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" xlink:label="loc_ifrs-fullEntitysTotalForSubsidiariesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_ifrs-fullEntitysTotalForSubsidiariesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MVRMember" xlink:label="loc_sidMVRMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidMVRMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_INEAMember" xlink:label="loc_sidINEAMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidINEAMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsAxis" xlink:label="loc_ifrs-fullTypesOfContractsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:to="loc_ifrs-fullTypesOfContractsAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsMember" xlink:label="loc_ifrs-fullTypesOfContractsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfContractsAxis" xlink:to="loc_ifrs-fullTypesOfContractsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsMember" xlink:label="loc_ifrs-fullTypesOfContractsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfContractsAxis" xlink:to="loc_ifrs-fullTypesOfContractsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NewAgreementMember" xlink:label="loc_sidNewAgreementMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidNewAgreementMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_deiLegalEntityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:to="loc_deiLegalEntityAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityDomain" xlink:label="loc_deiEntityDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_deiLegalEntityAxis" xlink:to="loc_deiEntityDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityDomain" xlink:label="loc_deiEntityDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_deiLegalEntityAxis" xlink:to="loc_deiEntityDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MunicipalityOfVoltaRedondaMember" xlink:label="loc_sidMunicipalityOfVoltaRedondaMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityDomain" xlink:to="loc_sidMunicipalityOfVoltaRedondaMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeFromFinesAndPenalties" xlink:label="loc_ifrs-fullIncomeFromFinesAndPenalties_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_ifrs-fullIncomeFromFinesAndPenalties_70" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UpdatedAmount" xlink:label="loc_sidUpdatedAmount_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidUpdatedAmount_70" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionalInvestment" xlink:label="loc_sidAdditionalInvestment_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidAdditionalInvestment_70" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfAllocatedToServicesOfEnvironmentalInterest" xlink:label="loc_sidPercentageOfAllocatedToServicesOfEnvironmentalInterest_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidPercentageOfAllocatedToServicesOfEnvironmentalInterest_70" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActualDisbursement" xlink:label="loc_sidActualDisbursement_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidActualDisbursement_70" xlink:type="arc" order="4" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetails" xlink:title="00000151 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" xlink:label="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" xlink:label="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" xlink:to="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfLiabilitiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" xlink:to="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:to="loc_ifrs-fullLiabilitiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:to="loc_ifrs-fullLiabilitiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EnvironmentalLiabilitiesMember" xlink:label="loc_sidEnvironmentalLiabilitiesMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidEnvironmentalLiabilitiesMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AssetRetirementObligationsMember" xlink:label="loc_sidAssetRetirementObligationsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidAssetRetirementObligationsMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherLongtermProvisions" xlink:label="loc_ifrs-fullOtherLongtermProvisions_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" xlink:to="loc_ifrs-fullOtherLongtermProvisions_70" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetailsNarrative" xlink:title="00000152 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" xlink:label="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" xlink:label="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" xlink:to="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:label="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" xlink:to="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForCashgeneratingUnitsMember" xlink:label="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:to="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForCashgeneratingUnitsMember" xlink:label="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:to="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MiningMember" xlink:label="loc_sidMiningMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" xlink:to="loc_sidMiningMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Provisions" xlink:label="loc_ifrs-fullProvisions_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" xlink:to="loc_ifrs-fullProvisions_20" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails" xlink:title="00000153 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" xlink:label="loc_ifrs-fullClassesOfFinancialAssetsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherNonCurrentAssetMember" xlink:label="loc_sidOtherNonCurrentAssetMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidOtherNonCurrentAssetMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LoanMember" xlink:label="loc_sidLoanMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidLoanMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInvestmentsMember" xlink:label="loc_sidFinancialInvestmentsMember_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidFinancialInvestmentsMember_100" xlink:type="arc" order="101" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsReceivableMember" xlink:label="loc_sidDividendsReceivableMember_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidDividendsReceivableMember_140" xlink:type="arc" order="141" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeReceivablesMember" xlink:label="loc_ifrs-fullTradeReceivablesMember_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullTradeReceivablesMember_180" xlink:type="arc" order="181" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherCurrentAssetMember" xlink:label="loc_sidOtherCurrentAssetMember_260" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidOtherCurrentAssetMember_260" xlink:type="arc" order="262" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssetMember" xlink:label="loc_sidActuarialAssetMember_400" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidActuarialAssetMember_400" xlink:type="arc" order="402" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IntercompanyLoansMember" xlink:label="loc_sidIntercompanyLoansMember_440" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidIntercompanyLoansMember_440" xlink:type="arc" order="442" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_JointVenturesEJointOperationMember" xlink:label="loc_sidJointVenturesEJointOperationMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_sidJointVenturesEJointOperationMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember" xlink:label="loc_sidSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_sidSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherRelatedPartiesMember" xlink:label="loc_ifrs-fullOtherRelatedPartiesMember_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_ifrs-fullOtherRelatedPartiesMember_110" xlink:type="arc" order="111" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfLiabilitiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:to="loc_ifrs-fullLiabilitiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:to="loc_ifrs-fullLiabilitiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesMember" xlink:label="loc_sidTradePayablesMember_460" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidTradePayablesMember_460" xlink:type="arc" order="462" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherAccountsPayableMember" xlink:label="loc_sidOtherAccountsPayableMember_520" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidOtherAccountsPayableMember_520" xlink:type="arc" order="522" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherProvisionForConsumptionAndServicesMember" xlink:label="loc_sidOtherProvisionForConsumptionAndServicesMember_580" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidOtherProvisionForConsumptionAndServicesMember_580" xlink:type="arc" order="582" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialLiabilitiesMember" xlink:label="loc_sidActuarialLiabilitiesMember_620" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidActuarialLiabilitiesMember_620" xlink:type="arc" order="622" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssetsAbstract" xlink:label="loc_ifrs-fullAssetsAbstract_680" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullAssetsAbstract_680" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAssets" xlink:label="loc_ifrs-fullCurrentAssets_680" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAssetsAbstract_680" xlink:to="loc_ifrs-fullCurrentAssets_680" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentAssets" xlink:label="loc_ifrs-fullNoncurrentAssets_680" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAssetsAbstract_680" xlink:to="loc_ifrs-fullNoncurrentAssets_680" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Assets" xlink:label="loc_ifrs-fullAssets_680" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAssetsAbstract_680" xlink:to="loc_ifrs-fullAssets_680" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesAbstract" xlink:label="loc_ifrs-fullLiabilitiesAbstract_680" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullLiabilitiesAbstract_680" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLiabilities" xlink:label="loc_ifrs-fullCurrentLiabilities_680" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesAbstract_680" xlink:to="loc_ifrs-fullCurrentLiabilities_680" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLiabilities" xlink:label="loc_ifrs-fullNoncurrentLiabilities_680" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesAbstract_680" xlink:to="loc_ifrs-fullNoncurrentLiabilities_680" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Liabilities" xlink:label="loc_ifrs-fullLiabilities_680" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullLiabilitiesAbstract_680" xlink:to="loc_ifrs-fullLiabilities_680" xlink:type="arc" order="7" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails1" xlink:title="00000154 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 1)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_JointVenturesJointOperationMember" xlink:label="loc_sidJointVenturesJointOperationMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_sidJointVenturesJointOperationMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SubsidiariesAndAssociateMember" xlink:label="loc_sidSubsidiariesAndAssociateMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_sidSubsidiariesAndAssociateMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherRelatedPartiesMember" xlink:label="loc_ifrs-fullOtherRelatedPartiesMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_ifrs-fullOtherRelatedPartiesMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossAbstract" xlink:label="loc_ifrs-fullProfitLossAbstract_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullProfitLossAbstract_130" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RevenueFromSaleOfGoods" xlink:label="loc_ifrs-fullRevenueFromSaleOfGoods_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullProfitLossAbstract_130" xlink:to="loc_ifrs-fullRevenueFromSaleOfGoods_130" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RawMaterialsAndConsumablesUsed" xlink:label="loc_ifrs-fullRawMaterialsAndConsumablesUsed_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullProfitLossAbstract_130" xlink:to="loc_ifrs-fullRawMaterialsAndConsumablesUsed_130" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialIncomeExpensesAbstract" xlink:label="loc_sidFinancialIncomeExpensesAbstract_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_sidFinancialIncomeExpensesAbstract_130" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInterest" xlink:label="loc_sidFinancialInterest_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidFinancialIncomeExpensesAbstract_130" xlink:to="loc_sidFinancialInterest_130" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOfExchangeRateChanges" xlink:label="loc_sidEffectOfExchangeRateChanges_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidFinancialIncomeExpensesAbstract_130" xlink:to="loc_sidEffectOfExchangeRateChanges_130" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinanceIncomeCost" xlink:label="loc_ifrs-fullFinanceIncomeCost_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidFinancialIncomeExpensesAbstract_130" xlink:to="loc_ifrs-fullFinanceIncomeCost_130" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherOperatingIncomeExpense" xlink:label="loc_ifrs-fullOtherOperatingIncomeExpense_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidFinancialIncomeExpensesAbstract_130" xlink:to="loc_ifrs-fullOtherOperatingIncomeExpense_130" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="loc_ifrs-fullProfitLoss_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidFinancialIncomeExpensesAbstract_130" xlink:to="loc_ifrs-fullProfitLoss_130" xlink:type="arc" order="8" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails2" xlink:title="00000155 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 2)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails3" xlink:title="00000156 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 3)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" xlink:label="loc_ifrs-fullContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfInstrumentMember" xlink:label="loc_ifrs-fullTypesOfInstrumentMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" xlink:to="loc_ifrs-fullTypesOfInstrumentMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfInstrumentMember" xlink:label="loc_ifrs-fullTypesOfInstrumentMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" xlink:to="loc_ifrs-fullTypesOfInstrumentMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GuaranteesMember" xlink:label="loc_ifrs-fullGuaranteesMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfInstrumentMember" xlink:to="loc_ifrs-fullGuaranteesMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyAxis" xlink:label="loc_sidTypeOfFunctionalCurrencyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_sidTypeOfFunctionalCurrencyAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyDomain" xlink:label="loc_sidTypeOfFunctionalCurrencyDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidTypeOfFunctionalCurrencyAxis" xlink:to="loc_sidTypeOfFunctionalCurrencyDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyDomain" xlink:label="loc_sidTypeOfFunctionalCurrencyDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidTypeOfFunctionalCurrencyAxis" xlink:to="loc_sidTypeOfFunctionalCurrencyDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ForeignCurrencyMember" xlink:label="loc_sidForeignCurrencyMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidTypeOfFunctionalCurrencyDomain" xlink:to="loc_sidForeignCurrencyMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LocalCurrencyMember" xlink:label="loc_sidLocalCurrencyMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidTypeOfFunctionalCurrencyDomain" xlink:to="loc_sidLocalCurrencyMember_40" xlink:type="arc" order="42" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_srtCurrencyAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_EUR" xlink:label="loc_currencyEUR_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyEUR_0" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_USD" xlink:label="loc_currencyUSD_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyUSD_20" xlink:type="arc" order="23" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_JointOperationsAxis" xlink:label="loc_ifrs-fullJointOperationsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullJointOperationsAxis" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForJointOperationsMember" xlink:label="loc_ifrs-fullEntitysTotalForJointOperationsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullJointOperationsAxis" xlink:to="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForJointOperationsMember" xlink:label="loc_ifrs-fullEntitysTotalForJointOperationsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullJointOperationsAxis" xlink:to="loc_ifrs-fullEntitysTotalForJointOperationsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransnordestinaLogisticaSAMember" xlink:label="loc_sidTransnordestinaLogisticaSAMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidTransnordestinaLogisticaSAMember_60" xlink:type="arc" order="62" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FTLFerroviaTransnordestinaMember" xlink:label="loc_sidFTLFerroviaTransnordestinaMember_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidFTLFerroviaTransnordestinaMember_90" xlink:type="arc" order="92" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CiaMetalurgicaPradaMember" xlink:label="loc_sidCiaMetalurgicaPradaMember_120" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCiaMetalurgicaPradaMember_120" xlink:type="arc" order="122" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNEnergiaMember" xlink:label="loc_sidCSNEnergiaMember_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCSNEnergiaMember_150" xlink:type="arc" order="152" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMineracaoMember" xlink:label="loc_sidCSNMineracaoMember_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCSNMineracaoMember_180" xlink:type="arc" order="182" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EstanhoDeRondoniaMember" xlink:label="loc_sidEstanhoDeRondoniaMember_210" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidEstanhoDeRondoniaMember_210" xlink:type="arc" order="212" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MineriosNacionalSAMember" xlink:label="loc_sidMineriosNacionalSAMember_240" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidMineriosNacionalSAMember_240" xlink:type="arc" order="242" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNIslandsXIIMember" xlink:label="loc_sidCSNIslandsXIIMember_270" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCSNIslandsXIIMember_270" xlink:type="arc" order="272" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNResourcesMember" xlink:label="loc_sidCSNResourcesMember_300" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCSNResourcesMember_300" xlink:type="arc" order="302" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNSteelSLMember" xlink:label="loc_sidCSNSteelSLMember_330" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCSNSteelSLMember_330" xlink:type="arc" order="332" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNInovaVenturesMember" xlink:label="loc_sidCSNInovaVenturesMember_380" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCSNInovaVenturesMember_380" xlink:type="arc" order="382" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNIslandsXIMember" xlink:label="loc_sidCSNIslandsXIMember_410" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCSNIslandsXIMember_410" xlink:type="arc" order="412" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsMaturity" xlink:label="loc_ifrs-fullBorrowingsMaturity_450" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullBorrowingsMaturity_450" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsRelaetdParty" xlink:label="loc_sidBorrowingsRelaetdParty_450" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_sidBorrowingsRelaetdParty_450" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxForeclosure" xlink:label="loc_sidTaxForeclosure_450" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_sidTaxForeclosure_450" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersGuarantees" xlink:label="loc_sidOthersGuarantees_450" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_sidOthersGuarantees_450" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalGuarantees" xlink:label="loc_sidTotalGuarantees_450" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_sidTotalGuarantees_450" xlink:type="arc" order="4" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetailsNarrative" xlink:title="00000157 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CategoriesOfOtherRelatedPartiesAxis" xlink:label="loc_sidCategoriesOfOtherRelatedPartiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_sidCategoriesOfOtherRelatedPartiesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CategoriesOfOtherRelatedPartiesDomain" xlink:label="loc_sidCategoriesOfOtherRelatedPartiesDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidCategoriesOfOtherRelatedPartiesAxis" xlink:to="loc_sidCategoriesOfOtherRelatedPartiesDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CategoriesOfOtherRelatedPartiesDomain" xlink:label="loc_sidCategoriesOfOtherRelatedPartiesDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidCategoriesOfOtherRelatedPartiesAxis" xlink:to="loc_sidCategoriesOfOtherRelatedPartiesDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VicunhaAcosSAMember" xlink:label="loc_sidVicunhaAcosSAMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidCategoriesOfOtherRelatedPartiesDomain" xlink:to="loc_sidVicunhaAcosSAMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RioPurusParticipacoesSAMember" xlink:label="loc_sidRioPurusParticipacoesSAMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidCategoriesOfOtherRelatedPartiesDomain" xlink:to="loc_sidRioPurusParticipacoesSAMember_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_JointOperationsAxis" xlink:label="loc_ifrs-fullJointOperationsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullJointOperationsAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForJointOperationsMember" xlink:label="loc_ifrs-fullEntitysTotalForJointOperationsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullJointOperationsAxis" xlink:to="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForJointOperationsMember" xlink:label="loc_ifrs-fullEntitysTotalForJointOperationsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullJointOperationsAxis" xlink:to="loc_ifrs-fullEntitysTotalForJointOperationsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VicunhaSiderurgiaSAMember" xlink:label="loc_sidVicunhaSiderurgiaSAMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidVicunhaSiderurgiaSAMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RioIacoParticipacoesSAMember" xlink:label="loc_sidRioIacoParticipacoesSAMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidRioIacoParticipacoesSAMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VicunhaSteelSAMember" xlink:label="loc_sidVicunhaSteelSAMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidVicunhaSteelSAMember_30" xlink:type="arc" order="32" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CFLParticipacoesSAMember" xlink:label="loc_sidCFLParticipacoesSAMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCFLParticipacoesSAMember_40" xlink:type="arc" order="42" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VicunhaSteelSA1Member" xlink:label="loc_sidVicunhaSteelSA1Member_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidVicunhaSteelSA1Member_50" xlink:type="arc" order="52" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransnordestinaLogisticaSAMember" xlink:label="loc_sidTransnordestinaLogisticaSAMember_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidTransnordestinaLogisticaSAMember_110" xlink:type="arc" order="111" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSLogisticaMember" xlink:label="loc_sidMRSLogisticaMember_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidMRSLogisticaMember_160" xlink:type="arc" order="161" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-fullRangeAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullRangeAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BottomOfRangeMember" xlink:label="loc_ifrs-fullBottomOfRangeMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullBottomOfRangeMember_80" xlink:type="arc" order="82" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="loc_ifrs-fullTopOfRangeMember_120" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullTopOfRangeMember_120" xlink:type="arc" order="122" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfVotingRightsHeldInJointVenture" xlink:label="loc_ifrs-fullProportionOfVotingRightsHeldInJointVenture_190" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullProportionOfVotingRightsHeldInJointVenture_190" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendPayables" xlink:label="loc_ifrs-fullDividendPayables_190" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullDividendPayables_190" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsInterestRate" xlink:label="loc_ifrs-fullBorrowingsInterestRate_190" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullBorrowingsInterestRate_190" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NotionalAmount" xlink:label="loc_ifrs-fullNotionalAmount_190" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullNotionalAmount_190" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfFinancialInvestment" xlink:label="loc_sidDescriptionOfFinancialInvestment_190" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_sidDescriptionOfFinancialInvestment_190" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdvanceForFutureCapitalIncreases" xlink:label="loc_sidAdvanceForFutureCapitalIncreases_190" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_sidAdvanceForFutureCapitalIncreases_190" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DistributionOfMandatoryMinimumDividend" xlink:label="loc_sidDistributionOfMandatoryMinimumDividend_190" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_sidDistributionOfMandatoryMinimumDividend_190" xlink:type="arc" order="6" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquityDetails" xlink:title="00000158 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_deiLegalEntityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:to="loc_deiLegalEntityAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityDomain" xlink:label="loc_deiEntityDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_deiLegalEntityAxis" xlink:to="loc_deiEntityDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityDomain" xlink:label="loc_deiEntityDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_deiLegalEntityAxis" xlink:to="loc_deiEntityDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VicunhaAcosSAMember" xlink:label="loc_sidVicunhaAcosSAMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityDomain" xlink:to="loc_sidVicunhaAcosSAMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RioLacoParticipacoesSAMember" xlink:label="loc_sidRioLacoParticipacoesSAMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityDomain" xlink:to="loc_sidRioLacoParticipacoesSAMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NyseAdrsMember" xlink:label="loc_sidNyseAdrsMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityDomain" xlink:to="loc_sidNyseAdrsMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOneMember" xlink:label="loc_sidOtherOneMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityDomain" xlink:to="loc_sidOtherOneMember_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComponentsOfEquityAxis" xlink:label="loc_ifrs-fullComponentsOfEquityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:to="loc_ifrs-fullComponentsOfEquityAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityMember" xlink:label="loc_ifrs-fullEquityMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullEquityMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityMember" xlink:label="loc_ifrs-fullEquityMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullEquityMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_USIM3Member" xlink:label="loc_sidUSIM3Member_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_sidUSIM3Member_80" xlink:type="arc" order="81" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TreasurySharesMember" xlink:label="loc_ifrs-fullTreasurySharesMember_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_ifrs-fullTreasurySharesMember_100" xlink:type="arc" order="101" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NumberOfSharesOutstanding" xlink:label="loc_ifrs-fullNumberOfSharesOutstanding_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullNumberOfSharesOutstanding_150" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfShares" xlink:label="loc_sidPercentageOfShares_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidPercentageOfShares_150" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:label="loc_ifrs-fullPercentageOfVotingEquityInterestsAcquired_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullPercentageOfVotingEquityInterestsAcquired_150" xlink:type="arc" order="2" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquityDetails1" xlink:title="00000159 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY (Details 1)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComponentsOfEquityAxis" xlink:label="loc_ifrs-fullComponentsOfEquityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:to="loc_ifrs-fullComponentsOfEquityAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityMember" xlink:label="loc_ifrs-fullEquityMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullEquityMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityMember" xlink:label="loc_ifrs-fullEquityMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullEquityMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BuybackProgram9Number2Member" xlink:label="loc_sidBuybackProgram9Number2Member_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_sidBuybackProgram9Number2Member_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BoardsAuthorizationDate" xlink:label="loc_sidBoardsAuthorizationDate_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidBoardsAuthorizationDate_30" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NumberOfSharesAuthorised" xlink:label="loc_ifrs-fullNumberOfSharesAuthorised_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullNumberOfSharesAuthorised_30" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BuybackProgramPeriod" xlink:label="loc_sidBuybackProgramPeriod_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidBuybackProgramPeriod_30" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageBuybackPrice" xlink:label="loc_sidAverageBuybackPrice_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidAverageBuybackPrice_30" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MinimumAndMaximumBuybackPrice" xlink:label="loc_sidMinimumAndMaximumBuybackPrice_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidMinimumAndMaximumBuybackPrice_30" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SaleOfShares" xlink:label="loc_sidSaleOfShares_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidSaleOfShares_30" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TreasuryShare" xlink:label="loc_sidTreasuryShare_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidTreasuryShare_30" xlink:type="arc" order="6" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquityDetails2" xlink:title="00000160 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY (Details 2)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-fullRangeAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:to="loc_ifrs-fullRangeAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BottomOfRangeMember" xlink:label="loc_ifrs-fullBottomOfRangeMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullBottomOfRangeMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="loc_ifrs-fullTopOfRangeMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullTopOfRangeMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_WeightedAverageMember" xlink:label="loc_ifrs-fullWeightedAverageMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullWeightedAverageMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfSharesRepurchased" xlink:label="loc_sidNumberOfSharesRepurchased_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidNumberOfSharesRepurchased_50" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TreasuryShares" xlink:label="loc_ifrs-fullTreasuryShares_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullTreasuryShares_50" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_WeightAverageSharePrice" xlink:label="loc_sidWeightAverageSharePrice_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidWeightAverageSharePrice_50" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TreasurySharesMarketPrice" xlink:label="loc_sidTreasurySharesMarketPrice_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidTreasurySharesMarketPrice_50" xlink:type="arc" order="3" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquityDetails3" xlink:title="00000161 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY (Details 3)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquityDetailsNarrative" xlink:title="00000162 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComponentsOfEquityAxis" xlink:label="loc_ifrs-fullComponentsOfEquityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:to="loc_ifrs-fullComponentsOfEquityAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityMember" xlink:label="loc_ifrs-fullEquityMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullEquityMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityMember" xlink:label="loc_ifrs-fullEquityMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullEquityMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TreasurySharesMember" xlink:label="loc_ifrs-fullTreasurySharesMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_ifrs-fullTreasurySharesMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-fullRangeAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:to="loc_ifrs-fullRangeAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_WeightedAverageMember" xlink:label="loc_ifrs-fullWeightedAverageMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullWeightedAverageMember_20" xlink:type="arc" order="22" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IssuedCapital" xlink:label="loc_ifrs-fullIssuedCapital_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullIssuedCapital_60" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalIncrease" xlink:label="loc_sidCapitalIncrease_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidCapitalIncrease_60" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NumberOfSharesAuthorised" xlink:label="loc_ifrs-fullNumberOfSharesAuthorised_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullNumberOfSharesAuthorised_60" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumbersOfShareIssuedValue" xlink:label="loc_sidNumbersOfShareIssuedValue_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidNumbersOfShareIssuedValue_60" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SharesPrice" xlink:label="loc_sidSharesPrice_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidSharesPrice_60" xlink:type="arc" order="4" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersCompensationDetails" xlink:title="00000163 - Disclosure - 24. Shareholders&apos; Compensation (Details)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersCompensationDetailsNarrative" xlink:title="00000164 - Disclosure - 24. Shareholders&apos; Compensation (Details Narrative)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/NetRevenueFromSalesDetails" xlink:title="00000165 - Disclosure - 25. NET REVENUE FROM SALES (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetRevenueFromSalesLineItems" xlink:label="loc_sidNetRevenueFromSalesLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetRevenueFromSalesTable" xlink:label="loc_sidNetRevenueFromSalesTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidNetRevenueFromSalesLineItems" xlink:to="loc_sidNetRevenueFromSalesTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasAxis" xlink:label="loc_ifrs-fullGeographicalAreasAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidNetRevenueFromSalesTable" xlink:to="loc_ifrs-fullGeographicalAreasAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasMember" xlink:label="loc_ifrs-fullGeographicalAreasMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullGeographicalAreasAxis" xlink:to="loc_ifrs-fullGeographicalAreasMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasMember" xlink:label="loc_ifrs-fullGeographicalAreasMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullGeographicalAreasAxis" xlink:to="loc_ifrs-fullGeographicalAreasMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DomesticMarketMember" xlink:label="loc_sidDomesticMarketMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_sidDomesticMarketMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ForeignMarketMember" xlink:label="loc_sidForeignMarketMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_sidForeignMarketMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossRevenue" xlink:label="loc_sidGrossRevenue_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidNetRevenueFromSalesLineItems" xlink:to="loc_sidGrossRevenue_100" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeductionsAbstract" xlink:label="loc_sidDeductionsAbstract_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidNetRevenueFromSalesLineItems" xlink:to="loc_sidDeductionsAbstract_100" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SalesReturnsAndDiscounts" xlink:label="loc_sidSalesReturnsAndDiscounts_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeductionsAbstract_100" xlink:to="loc_sidSalesReturnsAndDiscounts_100" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxEffectOfRevenues" xlink:label="loc_sidTaxEffectOfRevenues_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeductionsAbstract_100" xlink:to="loc_sidTaxEffectOfRevenues_100" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RevenueDeductions" xlink:label="loc_sidRevenueDeductions_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeductionsAbstract_100" xlink:to="loc_sidRevenueDeductions_100" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetRevenues" xlink:label="loc_sidNetRevenues_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDeductionsAbstract_100" xlink:to="loc_sidNetRevenues_100" xlink:type="arc" order="5" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/NetRevenueFromSalesDetailsNarrative" xlink:title="00000166 - Disclosure - 25. NET REVENUE FROM SALES (Details Narrative)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ExpensesByNatureDetails" xlink:title="00000167 - Disclosure - 26. EXPENSES BY NATURE (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureLineItems" xlink:label="loc_sidExpenseByNatureLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureTable" xlink:label="loc_sidExpenseByNatureTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_sidExpenseByNatureTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpensesByNatureAxis" xlink:label="loc_sidExpensesByNatureAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidExpenseByNatureTable" xlink:to="loc_sidExpensesByNatureAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpensesByNatureDomain" xlink:label="loc_sidExpensesByNatureDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidExpensesByNatureAxis" xlink:to="loc_sidExpensesByNatureDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpensesByNatureDomain" xlink:label="loc_sidExpensesByNatureDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidExpensesByNatureAxis" xlink:to="loc_sidExpensesByNatureDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RawMaterialsAndInputsMember" xlink:label="loc_sidRawMaterialsAndInputsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpensesByNatureDomain" xlink:to="loc_sidRawMaterialsAndInputsMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaborCostMember" xlink:label="loc_sidLaborCostMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpensesByNatureDomain" xlink:to="loc_sidLaborCostMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SuppliesMember" xlink:label="loc_sidSuppliesMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpensesByNatureDomain" xlink:to="loc_sidSuppliesMember_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MaintenanceCostServicesAndMaterialsMember" xlink:label="loc_sidMaintenanceCostServicesAndMaterialsMember_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpensesByNatureDomain" xlink:to="loc_sidMaintenanceCostServicesAndMaterialsMember_90" xlink:type="arc" order="91" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OutsourcingServicesMember" xlink:label="loc_sidOutsourcingServicesMember_120" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpensesByNatureDomain" xlink:to="loc_sidOutsourcingServicesMember_120" xlink:type="arc" order="121" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FreightsMember" xlink:label="loc_sidFreightsMember_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpensesByNatureDomain" xlink:to="loc_sidFreightsMember_150" xlink:type="arc" order="151" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DistributionFreightsMember" xlink:label="loc_sidDistributionFreightsMember_180" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpensesByNatureDomain" xlink:to="loc_sidDistributionFreightsMember_180" xlink:type="arc" order="181" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DepreciationAmortizationAndDepletionMember" xlink:label="loc_sidDepreciationAmortizationAndDepletionMember_210" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpensesByNatureDomain" xlink:to="loc_sidDepreciationAmortizationAndDepletionMember_210" xlink:type="arc" order="211" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersOneMember" xlink:label="loc_sidOthersOneMember_240" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpensesByNatureDomain" xlink:to="loc_sidOthersOneMember_240" xlink:type="arc" order="241" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OperatingExpenseExcludingCostOfSales" xlink:label="loc_ifrs-fullOperatingExpenseExcludingCostOfSales_310" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_ifrs-fullOperatingExpenseExcludingCostOfSales_310" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaterialIncomeAndExpenseAbstract" xlink:label="loc_ifrs-fullMaterialIncomeAndExpenseAbstract_310" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_ifrs-fullMaterialIncomeAndExpenseAbstract_310" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CostOfSales" xlink:label="loc_ifrs-fullCostOfSales_310" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullMaterialIncomeAndExpenseAbstract_310" xlink:to="loc_ifrs-fullCostOfSales_310" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SalesAndMarketingExpense" xlink:label="loc_ifrs-fullSalesAndMarketingExpense_310" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullMaterialIncomeAndExpenseAbstract_310" xlink:to="loc_ifrs-fullSalesAndMarketingExpense_310" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdministrativeExpense" xlink:label="loc_ifrs-fullAdministrativeExpense_310" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullMaterialIncomeAndExpenseAbstract_310" xlink:to="loc_ifrs-fullAdministrativeExpense_310" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MiscellaneousOtherOperatingExpense1" xlink:label="loc_sidMiscellaneousOtherOperatingExpense1_310" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullMaterialIncomeAndExpenseAbstract_310" xlink:to="loc_sidMiscellaneousOtherOperatingExpense1_310" xlink:type="arc" order="5" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ExpensesByNatureDetails1" xlink:title="00000168 - Disclosure - 26. EXPENSES BY NATURE (Details 1)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureLineItems" xlink:label="loc_sidExpenseByNatureLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureTable" xlink:label="loc_sidExpenseByNatureTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_sidExpenseByNatureTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureAxis" xlink:label="loc_sidExpenseByNatureAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidExpenseByNatureTable" xlink:to="loc_sidExpenseByNatureAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureDomain" xlink:label="loc_sidExpenseByNatureDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidExpenseByNatureAxis" xlink:to="loc_sidExpenseByNatureDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureDomain" xlink:label="loc_sidExpenseByNatureDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidExpenseByNatureAxis" xlink:to="loc_sidExpenseByNatureDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DepreciationAmortizationAndDepletionMember" xlink:label="loc_sidDepreciationAmortizationAndDepletionMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpenseByNatureDomain" xlink:to="loc_sidDepreciationAmortizationAndDepletionMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CostOfSales" xlink:label="loc_ifrs-fullCostOfSales_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_ifrs-fullCostOfSales_40" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SalesAndMarketingExpense" xlink:label="loc_ifrs-fullSalesAndMarketingExpense_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_ifrs-fullSalesAndMarketingExpense_40" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdministrativeExpense" xlink:label="loc_ifrs-fullAdministrativeExpense_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_ifrs-fullAdministrativeExpense_40" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OperatingExpense" xlink:label="loc_ifrs-fullOperatingExpense_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_ifrs-fullOperatingExpense_40" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherOperatingIncomeExpense" xlink:label="loc_ifrs-fullOtherOperatingIncomeExpense_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_ifrs-fullOtherOperatingIncomeExpense_40" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiscellaneousOtherOperatingExpense" xlink:label="loc_ifrs-fullMiscellaneousOtherOperatingExpense_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_ifrs-fullMiscellaneousOtherOperatingExpense_40" xlink:type="arc" order="5" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/ExpensesByNatureDetailsNarrative" xlink:title="00000169 - Disclosure - 26. EXPENSES BY NATURE (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureLineItems" xlink:label="loc_sidExpenseByNatureLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureTable" xlink:label="loc_sidExpenseByNatureTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_sidExpenseByNatureTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProductsAndServicesAxis" xlink:label="loc_ifrs-fullProductsAndServicesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidExpenseByNatureTable" xlink:to="loc_ifrs-fullProductsAndServicesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProductsAndServicesMember" xlink:label="loc_ifrs-fullProductsAndServicesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullProductsAndServicesAxis" xlink:to="loc_ifrs-fullProductsAndServicesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProductsAndServicesMember" xlink:label="loc_ifrs-fullProductsAndServicesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullProductsAndServicesAxis" xlink:to="loc_ifrs-fullProductsAndServicesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IronOreMember" xlink:label="loc_sidIronOreMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullProductsAndServicesMember" xlink:to="loc_sidIronOreMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsAxis" xlink:label="loc_ifrs-fullTypesOfContractsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidExpenseByNatureTable" xlink:to="loc_ifrs-fullTypesOfContractsAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsMember" xlink:label="loc_ifrs-fullTypesOfContractsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfContractsAxis" xlink:to="loc_ifrs-fullTypesOfContractsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsMember" xlink:label="loc_ifrs-fullTypesOfContractsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfContractsAxis" xlink:to="loc_ifrs-fullTypesOfContractsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseAgreementMember" xlink:label="loc_sidLeaseAgreementMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidLeaseAgreementMember_20" xlink:type="arc" order="22" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfProductionProcess" xlink:label="loc_sidPercentageOfProductionProcess_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_sidPercentageOfProductionProcess_40" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BookBalanceOfAssets" xlink:label="loc_sidBookBalanceOfAssets_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_sidBookBalanceOfAssets_40" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CostOfProduction" xlink:label="loc_sidCostOfProduction_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_sidCostOfProduction_40" xlink:type="arc" order="2" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherOperatingIncomeAndExpensesDetails" xlink:title="00000170 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES (Details)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherOperatingIncomeAndExpensesDetailsNarrative" xlink:title="00000171 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES (Details Narrative)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialIncomeExpensesDetails" xlink:title="00000172 - Disclosure - 28. FINANCIAL INCOME (EXPENSES) (Details)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialIncomeExpensesDetailsNarrative" xlink:title="00000173 - Disclosure - 28. FINANCIAL INCOME (EXPENSES) (Details Narrative)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/SegmentInformationDetails" xlink:title="00000174 - Disclosure - 29. SEGMENT INFORMATION (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:label="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SegmentsAxis" xlink:label="loc_ifrs-fullSegmentsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" xlink:to="loc_ifrs-fullSegmentsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SegmentsMember" xlink:label="loc_ifrs-fullSegmentsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullSegmentsAxis" xlink:to="loc_ifrs-fullSegmentsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SegmentsMember" xlink:label="loc_ifrs-fullSegmentsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullSegmentsAxis" xlink:to="loc_ifrs-fullSegmentsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SteelMember" xlink:label="loc_sidSteelMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullSegmentsMember" xlink:to="loc_sidSteelMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MiningMember" xlink:label="loc_sidMiningMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullSegmentsMember" xlink:to="loc_sidMiningMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LogisticsMember" xlink:label="loc_sidLogisticsMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullSegmentsMember" xlink:to="loc_sidLogisticsMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EnergyMember" xlink:label="loc_sidEnergyMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullSegmentsMember" xlink:to="loc_sidEnergyMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CementMember" xlink:label="loc_sidCementMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullSegmentsMember" xlink:to="loc_sidCementMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EliminationOfIntersegmentAmountsMember" xlink:label="loc_ifrs-fullEliminationOfIntersegmentAmountsMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullSegmentsMember" xlink:to="loc_ifrs-fullEliminationOfIntersegmentAmountsMember_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Subsegments1Axis" xlink:label="loc_sidSubsegments1Axis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" xlink:to="loc_sidSubsegments1Axis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Subsegments1Domain" xlink:label="loc_sidSubsegments1Domain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidSubsegments1Axis" xlink:to="loc_sidSubsegments1Domain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Subsegments1Domain" xlink:label="loc_sidSubsegments1Domain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidSubsegments1Axis" xlink:to="loc_sidSubsegments1Domain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PortMember" xlink:label="loc_sidPortMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidSubsegments1Domain" xlink:to="loc_sidPortMember_20" xlink:type="arc" order="22" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RailroadsMember" xlink:label="loc_sidRailroadsMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidSubsegments1Domain" xlink:to="loc_sidRailroadsMember_30" xlink:type="arc" order="32" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasAxis" xlink:label="loc_ifrs-fullGeographicalAreasAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" xlink:to="loc_ifrs-fullGeographicalAreasAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasMember" xlink:label="loc_ifrs-fullGeographicalAreasMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullGeographicalAreasAxis" xlink:to="loc_ifrs-fullGeographicalAreasMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasMember" xlink:label="loc_ifrs-fullGeographicalAreasMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullGeographicalAreasAxis" xlink:to="loc_ifrs-fullGeographicalAreasMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DomesticMarketMember" xlink:label="loc_sidDomesticMarketMember_240" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_sidDomesticMarketMember_240" xlink:type="arc" order="242" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ForeignMarketMember" xlink:label="loc_sidForeignMarketMember_480" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_sidForeignMarketMember_480" xlink:type="arc" order="482" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_AsiaMember" xlink:label="loc_srtAsiaMember_610" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_srtAsiaMember_610" xlink:type="arc" order="612" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_NorthAmericaMember" xlink:label="loc_srtNorthAmericaMember_730" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_srtNorthAmericaMember_730" xlink:type="arc" order="732" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_LatinAmericaMember" xlink:label="loc_srtLatinAmericaMember_790" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_srtLatinAmericaMember_790" xlink:type="arc" order="792" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_EuropeMember" xlink:label="loc_srtEuropeMember_860" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_srtEuropeMember_860" xlink:type="arc" order="862" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersMember" xlink:label="loc_sidOthersMember_950" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_sidOthersMember_950" xlink:type="arc" order="952" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Revenue" xlink:label="loc_ifrs-fullRevenue_1030" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_ifrs-fullRevenue_1030" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CostOfSales" xlink:label="loc_ifrs-fullCostOfSales_1030" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_ifrs-fullCostOfSales_1030" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossProfit" xlink:label="loc_ifrs-fullGrossProfit_1030" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_ifrs-fullGrossProfit_1030" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeneralAndAdministrativeExpense" xlink:label="loc_ifrs-fullGeneralAndAdministrativeExpense_1030" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_ifrs-fullGeneralAndAdministrativeExpense_1030" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingIncomeExpensesNet" xlink:label="loc_sidOtherOperatingIncomeExpensesNet_1030" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_sidOtherOperatingIncomeExpensesNet_1030" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquityInResultsOfAffiliatedCompanies" xlink:label="loc_sidEquityInResultsOfAffiliatedCompanies_1030" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_sidEquityInResultsOfAffiliatedCompanies_1030" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossFromOperatingActivities" xlink:label="loc_ifrs-fullProfitLossFromOperatingActivities_1030" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_ifrs-fullProfitLossFromOperatingActivities_1030" xlink:type="arc" order="6" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/SegmentInformationDetailsNarrative" xlink:title="00000175 - Disclosure - 29. SEGMENT INFORMATION (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:label="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:label="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForAssociatesMember" xlink:label="loc_ifrs-fullEntitysTotalForAssociatesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" xlink:to="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForAssociatesMember" xlink:label="loc_ifrs-fullEntitysTotalForAssociatesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" xlink:to="loc_ifrs-fullEntitysTotalForAssociatesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MineriosNacionalMember" xlink:label="loc_sidMineriosNacionalMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidMineriosNacionalMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SegmentsAxis" xlink:label="loc_ifrs-fullSegmentsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" xlink:to="loc_ifrs-fullSegmentsAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SegmentsMember" xlink:label="loc_ifrs-fullSegmentsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullSegmentsAxis" xlink:to="loc_ifrs-fullSegmentsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SegmentsMember" xlink:label="loc_ifrs-fullSegmentsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullSegmentsAxis" xlink:to="loc_ifrs-fullSegmentsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EnergyMember" xlink:label="loc_sidEnergyMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullSegmentsMember" xlink:to="loc_sidEnergyMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:label="loc_ifrs-fullPercentageOfVotingEquityInterestsAcquired_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_ifrs-fullPercentageOfVotingEquityInterestsAcquired_30" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfAssets" xlink:label="loc_sidDescriptionOfAssets_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_sidDescriptionOfAssets_30" xlink:type="arc" order="1" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails" xlink:title="00000176 - Disclosure - 30. EMPLOYEE BENEFITS (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PostEmploymentHealthcareBenefitsMember" xlink:label="loc_sidPostEmploymentHealthcareBenefitsMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPostEmploymentHealthcareBenefitsMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssetsOfBenefitPlan" xlink:label="loc_ifrs-fullAssetsOfBenefitPlan_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullAssetsOfBenefitPlan_70" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LiabilitiesOfBenefitPlan" xlink:label="loc_sidLiabilitiesOfBenefitPlan_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidLiabilitiesOfBenefitPlan_70" xlink:type="arc" order="1" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails1" xlink:title="00000177 - Disclosure - 30. EMPLOYEE BENEFITS (Details 1)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:label="loc_ifrs-fullDefinedBenefitObligationAtPresentValue_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDefinedBenefitObligationAtPresentValue_40" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PlanAssetsAtFairValue1" xlink:label="loc_sidPlanAssetsAtFairValue1_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidPlanAssetsAtFairValue1_40" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SurplusDeficitInPlan" xlink:label="loc_ifrs-fullSurplusDeficitInPlan_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullSurplusDeficitInPlan_40" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RestrictionToActuarialAssetsDueToRecoveryLimitation" xlink:label="loc_sidRestrictionToActuarialAssetsDueToRecoveryLimitation_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidRestrictionToActuarialAssetsDueToRecoveryLimitation_40" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:label="loc_ifrs-fullLiabilityAssetOfDefinedBenefitPlans_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullLiabilityAssetOfDefinedBenefitPlans_40" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LiabilitiesOfBenefitPlan" xlink:label="loc_sidLiabilitiesOfBenefitPlan_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidLiabilitiesOfBenefitPlan_40" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssetsOfBenefitPlan" xlink:label="loc_ifrs-fullAssetsOfBenefitPlan_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullAssetsOfBenefitPlan_40" xlink:type="arc" order="6" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails2" xlink:title="00000178 - Disclosure - 30. EMPLOYEE BENEFITS (Details 2)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentValueOfObligationAbstract" xlink:label="loc_sidPresentValueOfObligationAbstract_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidPresentValueOfObligationAbstract_40" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:label="loc_ifrs-fullDefinedBenefitObligationAtPresentValue_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPresentValueOfObligationAbstract_40" xlink:to="loc_ifrs-fullDefinedBenefitObligationAtPresentValue_40" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullCurrentServiceCostNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPresentValueOfObligationAbstract_40" xlink:to="loc_ifrs-fullCurrentServiceCostNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullInterestExpenseIncomeNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPresentValueOfObligationAbstract_40" xlink:to="loc_ifrs-fullInterestExpenseIncomeNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ContributionsToPlanNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullContributionsToPlanNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPresentValueOfObligationAbstract_40" xlink:to="loc_ifrs-fullContributionsToPlanNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BenefitsPaidOrPayable" xlink:label="loc_ifrs-fullBenefitsPaidOrPayable_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPresentValueOfObligationAbstract_40" xlink:to="loc_ifrs-fullBenefitsPaidOrPayable_40" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialLossgain" xlink:label="loc_sidActuarialLossgain_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPresentValueOfObligationAbstract_40" xlink:to="loc_sidActuarialLossgain_40" xlink:type="arc" order="6" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails3" xlink:title="00000179 - Disclosure - 30. EMPLOYEE BENEFITS (Details 3)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PlanAssetsAtFairValue" xlink:label="loc_ifrs-fullPlanAssetsAtFairValue_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullPlanAssetsAtFairValue_40" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InterestIncomeNetDefinedBenefitLiabilityAsset" xlink:label="loc_sidInterestIncomeNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidInterestIncomeNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BenefitsPaidOrPayable" xlink:label="loc_ifrs-fullBenefitsPaidOrPayable_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullBenefitsPaidOrPayable_40" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="4" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails4" xlink:title="00000180 - Disclosure - 30. EMPLOYEE BENEFITS (Details 4)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullCurrentServiceCostNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullCurrentServiceCostNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullInterestExpenseIncomeNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullInterestExpenseIncomeNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:label="loc_sidExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" xlink:label="loc_ifrs-fullGainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullGainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling_40" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeExpenseFromDefinedBenefitObligation" xlink:label="loc_sidIncomeExpenseFromDefinedBenefitObligation_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidIncomeExpenseFromDefinedBenefitObligation_40" xlink:type="arc" order="4" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails5" xlink:title="00000181 - Disclosure - 30. EMPLOYEE BENEFITS (Details 5)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset" xlink:label="loc_sidChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset" xlink:label="loc_sidTotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidTotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecognisedGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:label="loc_sidRecognisedGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidRecognisedGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialLossesAndGainsUnrecognizedInOtherComprehensiveIncome" xlink:label="loc_sidActuarialLossesAndGainsUnrecognizedInOtherComprehensiveIncome_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidActuarialLossesAndGainsUnrecognizedInOtherComprehensiveIncome_40" xlink:type="arc" order="5" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails6" xlink:title="00000182 - Disclosure - 30. EMPLOYEE BENEFITS (Details 6)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset" xlink:label="loc_sidChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="5" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails7" xlink:title="00000183 - Disclosure - 30. EMPLOYEE BENEFITS (Details 7)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails8" xlink:title="00000184 - Disclosure - 30. EMPLOYEE BENEFITS (Details 8)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember" xlink:label="loc_sidPlanCoveringThirtyFivePercentOfTheAverageSalaryMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPlanCoveringThirtyFivePercentOfTheAverageSalaryMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageSalarySupplementationPlanMember" xlink:label="loc_sidAverageSalarySupplementationPlanMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidAverageSalarySupplementationPlanMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MixedSupplementaryBenefitPlanMember" xlink:label="loc_sidMixedSupplementaryBenefitPlanMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidMixedSupplementaryBenefitPlanMember_80" xlink:type="arc" order="81" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ParticipantsAxis" xlink:label="loc_sidParticipantsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_sidParticipantsAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ParticipantsDomain" xlink:label="loc_sidParticipantsDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidParticipantsAxis" xlink:to="loc_sidParticipantsDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ParticipantsDomain" xlink:label="loc_sidParticipantsDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidParticipantsAxis" xlink:to="loc_sidParticipantsDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MaleMember" xlink:label="loc_sidMaleMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidParticipantsDomain" xlink:to="loc_sidMaleMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FemaleMember" xlink:label="loc_sidFemaleMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidParticipantsDomain" xlink:to="loc_sidFemaleMember_20" xlink:type="arc" order="22" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive" xlink:label="loc_sidAverageLifeExpectancyOfEmployeesThatAreSixtyFive_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidAverageLifeExpectancyOfEmployeesThatAreSixtyFive_130" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageLifeExpectancyOfEmployeesThatAreForty" xlink:label="loc_sidAverageLifeExpectancyOfEmployeesThatAreForty_130" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidAverageLifeExpectancyOfEmployeesThatAreForty_130" xlink:type="arc" order="1" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails9" xlink:title="00000185 - Disclosure - 30. EMPLOYEE BENEFITS (Details 9)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis" xlink:label="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanByPlanAssetsCategoriesDomain" xlink:label="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesAxis" xlink:to="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanByPlanAssetsCategoriesDomain" xlink:label="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesAxis" xlink:to="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariableIncomeMember" xlink:label="loc_sidVariableIncomeMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesDomain" xlink:to="loc_sidVariableIncomeMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FixedIncomeMember" xlink:label="loc_sidFixedIncomeMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesDomain" xlink:to="loc_sidFixedIncomeMember_30" xlink:type="arc" order="31" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RealEstatesMember" xlink:label="loc_sidRealEstatesMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesDomain" xlink:to="loc_sidRealEstatesMember_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersPlanAssetsMember" xlink:label="loc_sidOthersPlanAssetsMember_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesDomain" xlink:to="loc_sidOthersPlanAssetsMember_90" xlink:type="arc" order="91" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PlanAssetsAtFairValue" xlink:label="loc_ifrs-fullPlanAssetsAtFairValue_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullPlanAssetsAtFairValue_160" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PlanAssetsPercentage" xlink:label="loc_sidPlanAssetsPercentage_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidPlanAssetsPercentage_160" xlink:type="arc" order="1" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails10" xlink:title="00000186 - Disclosure - 30. EMPLOYEE BENEFITS (Details 10)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember" xlink:label="loc_sidPlanCoveringThirtyFivePercentOfTheAverageSalaryMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPlanCoveringThirtyFivePercentOfTheAverageSalaryMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageSalarySupplementationPlanMember" xlink:label="loc_sidAverageSalarySupplementationPlanMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidAverageSalarySupplementationPlanMember_80" xlink:type="arc" order="81" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MixedSupplementaryBenefitPlanMember" xlink:label="loc_sidMixedSupplementaryBenefitPlanMember_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidMixedSupplementaryBenefitPlanMember_160" xlink:type="arc" order="161" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleActuarialAssumptionAxis" xlink:label="loc_sidPossibleActuarialAssumptionAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_sidPossibleActuarialAssumptionAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleActuarialAssumptionDomain" xlink:label="loc_sidPossibleActuarialAssumptionDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidPossibleActuarialAssumptionAxis" xlink:to="loc_sidPossibleActuarialAssumptionDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleActuarialAssumptionDomain" xlink:label="loc_sidPossibleActuarialAssumptionDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidPossibleActuarialAssumptionAxis" xlink:to="loc_sidPossibleActuarialAssumptionDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleIncreaseInActuarialAssumptionMember" xlink:label="loc_sidPossibleIncreaseInActuarialAssumptionMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPossibleActuarialAssumptionDomain" xlink:to="loc_sidPossibleIncreaseInActuarialAssumptionMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleDecreaseInActuarialAssumptionMember" xlink:label="loc_sidPossibleDecreaseInActuarialAssumptionMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPossibleActuarialAssumptionDomain" xlink:to="loc_sidPossibleDecreaseInActuarialAssumptionMember_10" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionsAxis" xlink:label="loc_ifrs-fullActuarialAssumptionsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullActuarialAssumptionsAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionsMember" xlink:label="loc_ifrs-fullActuarialAssumptionsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullActuarialAssumptionsAxis" xlink:to="loc_ifrs-fullActuarialAssumptionsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionsMember" xlink:label="loc_ifrs-fullActuarialAssumptionsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullActuarialAssumptionsAxis" xlink:to="loc_ifrs-fullActuarialAssumptionsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xlink:label="loc_ifrs-fullActuarialAssumptionOfDiscountRatesMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullActuarialAssumptionsMember" xlink:to="loc_ifrs-fullActuarialAssumptionOfDiscountRatesMember_0" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" xlink:label="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullActuarialAssumptionsMember" xlink:to="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_20" xlink:type="arc" order="23" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfMortalityRatesMember" xlink:label="loc_ifrs-fullActuarialAssumptionOfMortalityRatesMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullActuarialAssumptionsMember" xlink:to="loc_ifrs-fullActuarialAssumptionOfMortalityRatesMember_40" xlink:type="arc" order="43" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" xlink:label="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullActuarialAssumptionsMember" xlink:to="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember_60" xlink:type="arc" order="63" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityLevel" xlink:label="loc_sidSensitivityLevel_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidSensitivityLevel_250" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityLevelYear" xlink:label="loc_sidSensitivityLevelYear_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidSensitivityLevelYear_250" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations" xlink:label="loc_sidEffectOnCurrentServiceCostAndOnInterestOnActuarialObligations_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidEffectOnCurrentServiceCostAndOnInterestOnActuarialObligations_250" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOnPresentValueOfObligations" xlink:label="loc_sidEffectOnPresentValueOfObligations_250" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidEffectOnPresentValueOfObligations_250" xlink:type="arc" order="3" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails11" xlink:title="00000187 - Disclosure - 30. EMPLOYEE BENEFITS (Details 11)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths_20" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo_20" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearThree_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearThree_20" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearFour_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearFour_20" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearFive_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearFive_20" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter_20" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPayments" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPayments_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPayments_20" xlink:type="arc" order="6" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails12" xlink:title="00000188 - Disclosure - 30. EMPLOYEE BENEFITS (Details 12)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PostEmploymentHealthcareBenefitsMember" xlink:label="loc_sidPostEmploymentHealthcareBenefitsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPostEmploymentHealthcareBenefitsMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:label="loc_ifrs-fullDefinedBenefitObligationAtPresentValue_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDefinedBenefitObligationAtPresentValue_30" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LiabilitiesOfBenefitPlan" xlink:label="loc_sidLiabilitiesOfBenefitPlan_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidLiabilitiesOfBenefitPlan_30" xlink:type="arc" order="1" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails13" xlink:title="00000189 - Disclosure - 30. EMPLOYEE BENEFITS (Details 13)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PostEmploymentHealthcareBenefitsMember" xlink:label="loc_sidPostEmploymentHealthcareBenefitsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPostEmploymentHealthcareBenefitsMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LiabilitiesOfBenefitPlan" xlink:label="loc_sidLiabilitiesOfBenefitPlan_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidLiabilitiesOfBenefitPlan_30" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpensesRecognizedInIncomeNetDefinedBenefitLiability" xlink:label="loc_sidExpensesRecognizedInIncomeNetDefinedBenefitLiability_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidExpensesRecognizedInIncomeNetDefinedBenefitLiability_30" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability" xlink:label="loc_sidSponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidSponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability_30" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecognitionOfLossGainNetDefinedBenefitLiability" xlink:label="loc_sidRecognitionOfLossGainNetDefinedBenefitLiability_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidRecognitionOfLossGainNetDefinedBenefitLiability_30" xlink:type="arc" order="3" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails14" xlink:title="00000190 - Disclosure - 30. EMPLOYEE BENEFITS (Details 14)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PostEmploymentHealthcareBenefitsMember" xlink:label="loc_sidPostEmploymentHealthcareBenefitsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPostEmploymentHealthcareBenefitsMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_40" xlink:type="arc" order="0" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails15" xlink:title="00000191 - Disclosure - 30. EMPLOYEE BENEFITS (Details 15)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PostEmploymentHealthcareBenefitsMember" xlink:label="loc_sidPostEmploymentHealthcareBenefitsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPostEmploymentHealthcareBenefitsMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ParticipantsAxis" xlink:label="loc_sidParticipantsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_sidParticipantsAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ParticipantsDomain" xlink:label="loc_sidParticipantsDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidParticipantsAxis" xlink:to="loc_sidParticipantsDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ParticipantsDomain" xlink:label="loc_sidParticipantsDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidParticipantsAxis" xlink:to="loc_sidParticipantsDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MaleMember" xlink:label="loc_sidMaleMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidParticipantsDomain" xlink:to="loc_sidMaleMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FemaleMember" xlink:label="loc_sidFemaleMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidParticipantsDomain" xlink:to="loc_sidFemaleMember_30" xlink:type="arc" order="32" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageLifeExpectancyOfEmployees" xlink:label="loc_sidAverageLifeExpectancyOfEmployees_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidAverageLifeExpectancyOfEmployees_70" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageLifeExpectancyOfEmployeesThatAreForty" xlink:label="loc_sidAverageLifeExpectancyOfEmployeesThatAreForty_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidAverageLifeExpectancyOfEmployeesThatAreForty_70" xlink:type="arc" order="1" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails16" xlink:title="00000192 - Disclosure - 30. EMPLOYEE BENEFITS (Details 16)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PostEmploymentHealthcareBenefitsMember" xlink:label="loc_sidPostEmploymentHealthcareBenefitsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPostEmploymentHealthcareBenefitsMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GeneralMortalityTableDescription" xlink:label="loc_sidGeneralMortalityTableDescription_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidGeneralMortalityTableDescription_50" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:label="loc_ifrs-fullActuarialAssumptionOfDiscountRates_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullActuarialAssumptionOfDiscountRates_50" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" xlink:label="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfInflation_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfInflation_50" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RealIncreaseInMedicalCostsBasedOnAgeAgingFactor" xlink:label="loc_sidRealIncreaseInMedicalCostsBasedOnAgeAgingFactor_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidRealIncreaseInMedicalCostsBasedOnAgeAgingFactor_50" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xlink:label="loc_ifrs-fullActuarialAssumptionOfMedicalCostTrendRates_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullActuarialAssumptionOfMedicalCostTrendRates_50" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageMedicalCost" xlink:label="loc_sidAverageMedicalCost_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidAverageMedicalCost_50" xlink:type="arc" order="5" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails17" xlink:title="00000193 - Disclosure - 30. EMPLOYEE BENEFITS (Details 17)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_HealthcarePlanMember" xlink:label="loc_sidHealthcarePlanMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidHealthcarePlanMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleActuarialAssumptionAxis" xlink:label="loc_sidPossibleActuarialAssumptionAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_sidPossibleActuarialAssumptionAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleActuarialAssumptionDomain" xlink:label="loc_sidPossibleActuarialAssumptionDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidPossibleActuarialAssumptionAxis" xlink:to="loc_sidPossibleActuarialAssumptionDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleActuarialAssumptionDomain" xlink:label="loc_sidPossibleActuarialAssumptionDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidPossibleActuarialAssumptionAxis" xlink:to="loc_sidPossibleActuarialAssumptionDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleIncreaseInActuarialAssumptionMember" xlink:label="loc_sidPossibleIncreaseInActuarialAssumptionMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPossibleActuarialAssumptionDomain" xlink:to="loc_sidPossibleIncreaseInActuarialAssumptionMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleDecreaseInActuarialAssumptionMember" xlink:label="loc_sidPossibleDecreaseInActuarialAssumptionMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPossibleActuarialAssumptionDomain" xlink:to="loc_sidPossibleDecreaseInActuarialAssumptionMember_10" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssumptionOfMedicalInflationMember" xlink:label="loc_sidActuarialAssumptionOfMedicalInflationMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPossibleActuarialAssumptionDomain" xlink:to="loc_sidActuarialAssumptionOfMedicalInflationMember_30" xlink:type="arc" order="32" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssumptionOfMortalityTableMember" xlink:label="loc_sidActuarialAssumptionOfMortalityTableMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidPossibleActuarialAssumptionDomain" xlink:to="loc_sidActuarialAssumptionOfMortalityTableMember_50" xlink:type="arc" order="52" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionsAxis" xlink:label="loc_ifrs-fullActuarialAssumptionsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullActuarialAssumptionsAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionsMember" xlink:label="loc_ifrs-fullActuarialAssumptionsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullActuarialAssumptionsAxis" xlink:to="loc_ifrs-fullActuarialAssumptionsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionsMember" xlink:label="loc_ifrs-fullActuarialAssumptionsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullActuarialAssumptionsAxis" xlink:to="loc_ifrs-fullActuarialAssumptionsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xlink:label="loc_ifrs-fullActuarialAssumptionOfDiscountRatesMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullActuarialAssumptionsMember" xlink:to="loc_ifrs-fullActuarialAssumptionOfDiscountRatesMember_0" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssumptionOfMedicalInflationMember" xlink:label="loc_sidActuarialAssumptionOfMedicalInflationMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullActuarialAssumptionsMember" xlink:to="loc_sidActuarialAssumptionOfMedicalInflationMember_20" xlink:type="arc" order="23" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssumptionOfMortalityTableMember" xlink:label="loc_sidActuarialAssumptionOfMortalityTableMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullActuarialAssumptionsMember" xlink:to="loc_sidActuarialAssumptionOfMortalityTableMember_40" xlink:type="arc" order="43" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfMortalityRatesMember" xlink:label="loc_ifrs-fullActuarialAssumptionOfMortalityRatesMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullActuarialAssumptionsMember" xlink:to="loc_ifrs-fullActuarialAssumptionOfMortalityRatesMember_50" xlink:type="arc" order="53" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityLevel" xlink:label="loc_sidSensitivityLevel_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidSensitivityLevel_70" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityLevelYear" xlink:label="loc_sidSensitivityLevelYear_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidSensitivityLevelYear_70" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1" xlink:label="loc_sidEffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidEffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1_70" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOnPresentValueOfObligations1" xlink:label="loc_sidEffectOnPresentValueOfObligations1_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidEffectOnPresentValueOfObligations1_70" xlink:type="arc" order="3" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails18" xlink:title="00000194 - Disclosure - 30. EMPLOYEE BENEFITS (Details 18)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PostEmploymentHealthcareBenefitsMember" xlink:label="loc_sidPostEmploymentHealthcareBenefitsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPostEmploymentHealthcareBenefitsMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths_20" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo_20" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearThree_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearThree_20" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearFour_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearFour_20" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearFive_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearFive_20" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter_20" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPayments" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPayments_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPayments_20" xlink:type="arc" order="6" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetailsNarrative" xlink:title="00000195 - Disclosure - 30. EMPLOYEE BENEFITS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanMember" xlink:label="loc_sidDefinedBenefitPlanMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidDefinedBenefitPlanMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember" xlink:label="loc_sidPlanCoveringThirtyFivePercentOfTheAverageSalaryMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPlanCoveringThirtyFivePercentOfTheAverageSalaryMember_50" xlink:type="arc" order="51" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageSalarySupplementationPlanMember" xlink:label="loc_sidAverageSalarySupplementationPlanMember_70" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidAverageSalarySupplementationPlanMember_70" xlink:type="arc" order="71" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MixedSupplementaryBenefitPlanMember" xlink:label="loc_sidMixedSupplementaryBenefitPlanMember_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidMixedSupplementaryBenefitPlanMember_90" xlink:type="arc" order="91" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="loc_ifrs-fullMaturityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullMaturityAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NotLaterThanOneYearMember" xlink:label="loc_ifrs-fullNotLaterThanOneYearMember_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullNotLaterThanOneYearMember_90" xlink:type="arc" order="92" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NumberOfParticipantsOfRetirementBenefitPlanReceivingBenefits" xlink:label="loc_ifrs-fullNumberOfParticipantsOfRetirementBenefitPlanReceivingBenefits_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullNumberOfParticipantsOfRetirementBenefitPlanReceivingBenefits_110" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfSharesHeld" xlink:label="loc_sidNumberOfSharesHeld_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidNumberOfSharesHeld_110" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PlanAssetsValue" xlink:label="loc_sidPlanAssetsValue_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidPlanAssetsValue_110" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:label="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfSalaryIncreases_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfSalaryIncreases_110" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ParticipantsSalaryTerm" xlink:label="loc_sidParticipantsSalaryTerm_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidParticipantsSalaryTerm_110" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfBenefitReceivingInCash" xlink:label="loc_sidPercentageOfBenefitReceivingInCash_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidPercentageOfBenefitReceivingInCash_110" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PensionPlanExpense" xlink:label="loc_sidPensionPlanExpense_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidPensionPlanExpense_110" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" xlink:label="loc_ifrs-fullEstimateOfContributionsExpectedToBePaidToPlan_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullEstimateOfContributionsExpectedToBePaidToPlan_110" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_110" xlink:type="arc" order="8" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfPensionFundMarket" xlink:label="loc_sidDescriptionOfPensionFundMarket_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDescriptionOfPensionFundMarket_110" xlink:type="arc" order="9" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfInvestmentPolicy" xlink:label="loc_sidDescriptionOfInvestmentPolicy_110" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDescriptionOfInvestmentPolicy_110" xlink:type="arc" order="10" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/CommitmentsDetails" xlink:title="00000196 - Disclosure - 31. COMMITMENTS (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfCommitmentsLineItems" xlink:label="loc_sidDisclosureOfCommitmentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfCommitmentsTable" xlink:label="loc_sidDisclosureOfCommitmentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_sidDisclosureOfCommitmentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsAxis" xlink:label="loc_ifrs-fullTypesOfContractsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidDisclosureOfCommitmentsTable" xlink:to="loc_ifrs-fullTypesOfContractsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsMember" xlink:label="loc_ifrs-fullTypesOfContractsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfContractsAxis" xlink:to="loc_ifrs-fullTypesOfContractsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsMember" xlink:label="loc_ifrs-fullTypesOfContractsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfContractsAxis" xlink:to="loc_ifrs-fullTypesOfContractsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember" xlink:label="loc_sidTransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidTransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember" xlink:label="loc_sidSupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember_20" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidSupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember_20" xlink:type="arc" order="21" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember" xlink:label="loc_sidProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember_40" xlink:type="arc" order="41" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember" xlink:label="loc_sidManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember_60" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember_60" xlink:type="arc" order="61" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OilStorageAndHandlingMember" xlink:label="loc_sidOilStorageAndHandlingMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidOilStorageAndHandlingMember_80" xlink:type="arc" order="81" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaborAndConsultancyServicesMember" xlink:label="loc_sidLaborAndConsultancyServicesMember_100" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidLaborAndConsultancyServicesMember_100" xlink:type="arc" order="101" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="loc_ifrs-fullMaturityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidDisclosureOfCommitmentsTable" xlink:to="loc_ifrs-fullMaturityAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NotLaterThanOneYearMember" xlink:label="loc_ifrs-fullNotLaterThanOneYearMember_140" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullNotLaterThanOneYearMember_140" xlink:type="arc" order="141" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:label="loc_ifrs-fullLaterThanOneYearAndNotLaterThanTwoYearsMember_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanOneYearAndNotLaterThanTwoYearsMember_150" xlink:type="arc" order="151" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:label="loc_ifrs-fullLaterThanTwoYearsAndNotLaterThanThreeYearsMember_160" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanTwoYearsAndNotLaterThanThreeYearsMember_160" xlink:type="arc" order="161" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanFourYearsMember" xlink:label="loc_sidLaterThanFourYearsMember_170" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidLaterThanFourYearsMember_170" xlink:type="arc" order="171" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CapitalCommitments" xlink:label="loc_ifrs-fullCapitalCommitments_400" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_ifrs-fullCapitalCommitments_400" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MinimumFuturePaymentsOfTakeOrPayContracts" xlink:label="loc_sidMinimumFuturePaymentsOfTakeOrPayContracts_400" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_sidMinimumFuturePaymentsOfTakeOrPayContracts_400" xlink:type="arc" order="1" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/CommitmentsDetailsNarrative" xlink:title="00000197 - Disclosure - 31. COMMITMENTS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfCommitmentsLineItems" xlink:label="loc_sidDisclosureOfCommitmentsLineItems" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfCommitmentsTable" xlink:label="loc_sidDisclosureOfCommitmentsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_sidDisclosureOfCommitmentsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_deiLegalEntityAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_sidDisclosureOfCommitmentsTable" xlink:to="loc_deiLegalEntityAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityDomain" xlink:label="loc_deiEntityDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_deiLegalEntityAxis" xlink:to="loc_deiEntityDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityDomain" xlink:label="loc_deiEntityDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_deiLegalEntityAxis" xlink:to="loc_deiEntityDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransnordestinaLogisticaSAMember" xlink:label="loc_sidTransnordestinaLogisticaSAMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_deiEntityDomain" xlink:to="loc_sidTransnordestinaLogisticaSAMember_10" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfProgressProjectPosts" xlink:label="loc_sidPercentageOfProgressProjectPosts_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_sidPercentageOfProgressProjectPosts_40" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsessionExpireYear" xlink:label="loc_sidConsessionExpireYear_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_sidConsessionExpireYear_40" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ApprovedConstructionInvestment" xlink:label="loc_sidApprovedConstructionInvestment_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_sidApprovedConstructionInvestment_40" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfCurrentlyApprovedBudget" xlink:label="loc_sidDescriptionOfCurrentlyApprovedBudget_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_sidDescriptionOfCurrentlyApprovedBudget_40" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProposedAmount" xlink:label="loc_sidProposedAmount_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_sidProposedAmount_40" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfGuaranteesOfFinancingGranted" xlink:label="loc_sidDescriptionOfGuaranteesOfFinancingGranted_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_sidDescriptionOfGuaranteesOfFinancingGranted_40" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfDebentureConverted" xlink:label="loc_sidPercentageOfDebentureConverted_40" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_sidPercentageOfDebentureConverted_40" xlink:type="arc" order="6" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/InsuranceDetailsNarrative" xlink:title="00000198 - Disclosure - 32. INSURANCE (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTypesOfInsuranceContractsLineItems" xlink:label="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTypesOfInsuranceContractsTable" xlink:label="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsLineItems" xlink:to="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisaggregationOfInsuranceContractsAxis" xlink:label="loc_ifrs-fullDisaggregationOfInsuranceContractsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsTable" xlink:to="loc_ifrs-fullDisaggregationOfInsuranceContractsAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisaggregationOfInsuranceContractsMember" xlink:label="loc_ifrs-fullDisaggregationOfInsuranceContractsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullDisaggregationOfInsuranceContractsAxis" xlink:to="loc_ifrs-fullDisaggregationOfInsuranceContractsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisaggregationOfInsuranceContractsMember" xlink:label="loc_ifrs-fullDisaggregationOfInsuranceContractsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisaggregationOfInsuranceContractsAxis" xlink:to="loc_ifrs-fullDisaggregationOfInsuranceContractsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InsuranceContractsIssuedMember" xlink:label="loc_ifrs-fullInsuranceContractsIssuedMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisaggregationOfInsuranceContractsMember" xlink:to="loc_ifrs-fullInsuranceContractsIssuedMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-fullRangeAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsTable" xlink:to="loc_ifrs-fullRangeAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="loc_ifrs-fullTopOfRangeMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullTopOfRangeMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsTable" xlink:to="loc_srtCurrencyAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_USD" xlink:label="loc_currencyUSD_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyUSD_0" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IndemnityLimit" xlink:label="loc_sidIndemnityLimit_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsLineItems" xlink:to="loc_sidIndemnityLimit_30" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeductibleMaterialDamages" xlink:label="loc_sidDeductibleMaterialDamages_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsLineItems" xlink:to="loc_sidDeductibleMaterialDamages_30" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DaysForLosOfProfits" xlink:label="loc_sidDaysForLosOfProfits_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsLineItems" xlink:to="loc_sidDaysForLosOfProfits_30" xlink:type="arc" order="2" />
    </link:definitionLink>
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/AdditionalInformationToCashFlowsDetails" xlink:title="00000199 - Disclosure - 33. ADDITIONAL INFORMATION TO CASH FLOWS (Details)" />
    <link:definitionLink xlink:type="extended" xlink:role="http://csn.com.br/role/SubsequentEventsDetailsNarrative" xlink:title="00000200 - Disclosure - 34. SUBSEQUENT EVENTS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:label="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:label="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:type="arc" order="10" xbrldt:closed="true" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:label="loc_ifrs-fullNonadjustingEventsAfterReportingPeriodAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="loc_ifrs-fullNonadjustingEventsAfterReportingPeriodAxis" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NonadjustingEventsMember" xlink:label="loc_ifrs-fullNonadjustingEventsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullNonadjustingEventsAfterReportingPeriodAxis" xlink:to="loc_ifrs-fullNonadjustingEventsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NonadjustingEventsMember" xlink:label="loc_ifrs-fullNonadjustingEventsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullNonadjustingEventsAfterReportingPeriodAxis" xlink:to="loc_ifrs-fullNonadjustingEventsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EventAfterReportingPeriodMember" xlink:label="loc_sidEventAfterReportingPeriodMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullNonadjustingEventsMember" xlink:to="loc_sidEventAfterReportingPeriodMember_0" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:label="loc_ifrs-fullClassesOfFinancialInstrumentsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="loc_ifrs-fullClassesOfFinancialInstrumentsAxis" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialInstrumentsMember" xlink:label="loc_ifrs-fullClassesOfFinancialInstrumentsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullClassesOfFinancialInstrumentsAxis" xlink:to="loc_ifrs-fullClassesOfFinancialInstrumentsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialInstrumentsMember" xlink:label="loc_ifrs-fullClassesOfFinancialInstrumentsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullClassesOfFinancialInstrumentsAxis" xlink:to="loc_ifrs-fullClassesOfFinancialInstrumentsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DebenturesMember" xlink:label="loc_sidDebenturesMember_0" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullClassesOfFinancialInstrumentsMember" xlink:to="loc_sidDebenturesMember_0" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsAxis" xlink:label="loc_ifrs-fullTypesOfContractsAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="loc_ifrs-fullTypesOfContractsAxis" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsMember" xlink:label="loc_ifrs-fullTypesOfContractsMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullTypesOfContractsAxis" xlink:to="loc_ifrs-fullTypesOfContractsMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsMember" xlink:label="loc_ifrs-fullTypesOfContractsMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullTypesOfContractsAxis" xlink:to="loc_ifrs-fullTypesOfContractsMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NCEMember" xlink:label="loc_sidNCEMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidNCEMember_10" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentContractsMember" xlink:label="loc_sidExportPrepaymentContractsMember_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidExportPrepaymentContractsMember_30" xlink:type="arc" order="32" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="loc_srtCurrencyAxis" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_USD" xlink:label="loc_currencyUSD_30" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyUSD_30" xlink:type="arc" order="33" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:label="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" xlink:label="loc_ifrs-fullEntitysTotalForSubsidiariesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" xlink:label="loc_ifrs-fullEntitysTotalForSubsidiariesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_ifrs-fullEntitysTotalForSubsidiariesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMineracaoSAMember" xlink:label="loc_sidCSNMineracaoSAMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNMineracaoSAMember_50" xlink:type="arc" order="52" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-fullRangeAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="loc_ifrs-fullRangeAxis" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="loc_ifrs-fullTopOfRangeMember_50" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullTopOfRangeMember_50" xlink:type="arc" order="53" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SubsidiarySalesOfStockAxis" xlink:label="loc_sidSubsidiarySalesOfStockAxis" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="loc_sidSubsidiarySalesOfStockAxis" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SubsidiarySalesOfStockDomain" xlink:label="loc_sidSubsidiarySalesOfStockDomain" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_sidSubsidiarySalesOfStockAxis" xlink:to="loc_sidSubsidiarySalesOfStockDomain" xlink:type="arc" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SubsidiarySalesOfStockDomain" xlink:label="loc_sidSubsidiarySalesOfStockDomain_10" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xbrldt:contextElement="segment" xlink:from="loc_sidSubsidiarySalesOfStockAxis" xlink:to="loc_sidSubsidiarySalesOfStockDomain_10" xlink:type="arc" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PrimaryDistributionMember" xlink:label="loc_sidPrimaryDistributionMember_80" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidSubsidiarySalesOfStockDomain" xlink:to="loc_sidPrimaryDistributionMember_80" xlink:type="arc" order="83" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SecondaryDistributionMember" xlink:label="loc_sidSecondaryDistributionMember_90" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_sidSubsidiarySalesOfStockDomain" xlink:to="loc_sidSecondaryDistributionMember_90" xlink:type="arc" order="93" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NumberOfSharesIssued" xlink:label="loc_ifrs-fullNumberOfSharesIssued_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_ifrs-fullNumberOfSharesIssued_150" xlink:type="arc" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfShareIssuedValue" xlink:label="loc_sidNumberOfShareIssuedValue_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidNumberOfShareIssuedValue_150" xlink:type="arc" order="1" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CapitalReserve" xlink:label="loc_ifrs-fullCapitalReserve_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_ifrs-fullCapitalReserve_150" xlink:type="arc" order="2" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ParValuePerShare" xlink:label="loc_ifrs-fullParValuePerShare_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_ifrs-fullParValuePerShare_150" xlink:type="arc" order="3" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncreaseDecreaseInCapital" xlink:label="loc_sidIncreaseDecreaseInCapital_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidIncreaseDecreaseInCapital_150" xlink:type="arc" order="4" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfDebtReprofiling" xlink:label="loc_sidDescriptionOfDebtReprofiling_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidDescriptionOfDebtReprofiling_150" xlink:type="arc" order="5" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ShareCapital" xlink:label="loc_sidShareCapital_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidShareCapital_150" xlink:type="arc" order="6" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfAdditionalSharesHeldByCurrentShareholders" xlink:label="loc_sidPercentageOfAdditionalSharesHeldByCurrentShareholders_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidPercentageOfAdditionalSharesHeldByCurrentShareholders_150" xlink:type="arc" order="7" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfAdditionalSharesHeldByMajorityShareholder" xlink:label="loc_sidPercentageOfAdditionalSharesHeldByMajorityShareholder_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidPercentageOfAdditionalSharesHeldByMajorityShareholder_150" xlink:type="arc" order="8" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RatioOfShareSplit" xlink:label="loc_sidRatioOfShareSplit_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidRatioOfShareSplit_150" xlink:type="arc" order="9" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Borrowings" xlink:label="loc_ifrs-fullBorrowings_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_ifrs-fullBorrowings_150" xlink:type="arc" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsMaturity" xlink:label="loc_ifrs-fullBorrowingsMaturity_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_ifrs-fullBorrowingsMaturity_150" xlink:type="arc" order="11" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DebtReprofiling" xlink:label="loc_sidDebtReprofiling_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidDebtReprofiling_150" xlink:type="arc" order="12" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DebtMaturityYearPostponed" xlink:label="loc_sidDebtMaturityYearPostponed_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidDebtMaturityYearPostponed_150" xlink:type="arc" order="13" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DebtAmortized" xlink:label="loc_sidDebtAmortized_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidDebtAmortized_150" xlink:type="arc" order="14" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BuyBackOfDebenturesShares" xlink:label="loc_sidBuyBackOfDebenturesShares_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidBuyBackOfDebenturesShares_150" xlink:type="arc" order="15" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BuyBackOfDebenturesValue" xlink:label="loc_sidBuyBackOfDebenturesValue_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidBuyBackOfDebenturesValue_150" xlink:type="arc" order="16" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfBuyBackOfDebentures" xlink:label="loc_sidPercentageOfBuyBackOfDebentures_150" />
      <link:definitionArc xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidPercentageOfBuyBackOfDebentures_150" xlink:type="arc" order="17" />
    </link:definitionLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>18
<FILENAME>sid-20201231_lab.xml
<DESCRIPTION>XBRL LABEL FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.7a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Source; Value: sid%2D20201231.xfr; Date: 2021%2D04%2D13T00:43:13Z -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x80240023 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel" />
    <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:to="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_lbl" xml:lang="en-US">Classes of property, plant and equipment [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiningPropertyMember" xlink:label="ifrs-full_MiningPropertyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiningPropertyMember" xlink:to="ifrs-full_MiningPropertyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MiningPropertyMember_lbl" xml:lang="en-US">Mining Property [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CementMember" xlink:label="sid_CementMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CementMember" xlink:to="sid_CementMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CementMember_lbl" xml:lang="en-US">Cement [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:label="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:to="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_lbl" xml:lang="en-US">Non-adjusting events after reporting period [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EventsAfterReportingPeriodMember" xlink:label="sid_EventsAfterReportingPeriodMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EventsAfterReportingPeriodMember" xlink:to="sid_EventsAfterReportingPeriodMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EventsAfterReportingPeriodMember_lbl" xml:lang="en-US">Events After Reporting Period [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="srt_CurrencyAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_CurrencyAxis" xlink:to="srt_CurrencyAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_CurrencyAxis_lbl" xml:lang="en-US">Currency [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd#country_US" xlink:label="country_US" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_US" xlink:to="country_US_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="country_US_lbl" xml:lang="en-US">UNITED STATES [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BrazilianReaisMember" xlink:label="sid_BrazilianReaisMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BrazilianReaisMember" xlink:to="sid_BrazilianReaisMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BrazilianReaisMember_lbl" xml:lang="en-US">Brazilian reais [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_EUR" xlink:label="currency_EUR" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_EUR" xlink:to="currency_EUR_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_EUR_lbl" xml:lang="en-US">Euro [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="ifrs-full_CategoriesOfRelatedPartiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:to="ifrs-full_CategoriesOfRelatedPartiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CategoriesOfRelatedPartiesAxis_lbl" xml:lang="en-US">Categories of related parties [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BrazilianCentralBankMember" xlink:label="sid_BrazilianCentralBankMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BrazilianCentralBankMember" xlink:to="sid_BrazilianCentralBankMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BrazilianCentralBankMember_lbl" xml:lang="en-US">Brazilian central bank [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasAxis" xlink:label="ifrs-full_GeographicalAreasAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GeographicalAreasAxis" xlink:to="ifrs-full_GeographicalAreasAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GeographicalAreasAxis_lbl" xml:lang="en-US">Geographical areas [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd#country_BR" xlink:label="country_BR" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="country_BR" xlink:to="country_BR_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="country_BR_lbl" xml:lang="en-US">BRAZIL</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AbroadMember" xlink:label="sid_AbroadMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AbroadMember" xlink:to="sid_AbroadMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AbroadMember_lbl" xml:lang="en-US">Abroad [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialAssetsAxis" xlink:to="ifrs-full_ClassesOfFinancialAssetsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis_lbl" xml:lang="en-US">Classes Of Financial Assets [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InvestmentMember" xlink:label="sid_InvestmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InvestmentMember" xlink:to="sid_InvestmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_InvestmentMember_lbl" xml:lang="en-US">Investments [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UsiminasSharesMember" xlink:label="sid_UsiminasSharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UsiminasSharesMember" xlink:to="sid_UsiminasSharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_UsiminasSharesMember_lbl" xml:lang="en-US">Usiminas shares [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondMember" xlink:label="sid_BondMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BondMember" xlink:to="sid_BondMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BondMember_lbl" xml:lang="en-US">Bonds [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ThirdPartiesMember" xlink:label="sid_ThirdPartiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ThirdPartiesMember" xlink:to="sid_ThirdPartiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ThirdPartiesMember_lbl" xml:lang="en-US">Third parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CountryOfDomicileMember" xlink:label="ifrs-full_CountryOfDomicileMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CountryOfDomicileMember" xlink:to="ifrs-full_CountryOfDomicileMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CountryOfDomicileMember_lbl" xml:lang="en-US">Domestic Market [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ForeignCountriesMember" xlink:label="ifrs-full_ForeignCountriesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ForeignCountriesMember" xlink:to="ifrs-full_ForeignCountriesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ForeignCountriesMember_lbl" xml:lang="en-US">Foreign Market [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RelatedPartieMember" xlink:label="sid_RelatedPartieMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RelatedPartieMember" xlink:to="sid_RelatedPartieMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RelatedPartieMember_lbl" xml:lang="en-US">Related Parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PastDueStatusAxis" xlink:label="ifrs-full_PastDueStatusAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PastDueStatusAxis" xlink:to="ifrs-full_PastDueStatusAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PastDueStatusAxis_lbl" xml:lang="en-US">Past due status [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentMember" xlink:label="ifrs-full_CurrentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentMember" xlink:to="ifrs-full_CurrentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentMember_lbl" xml:lang="en-US">Current [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NotLaterThanOneMonthsMember" xlink:label="sid_NotLaterThanOneMonthsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NotLaterThanOneMonthsMember" xlink:to="sid_NotLaterThanOneMonthsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NotLaterThanOneMonthsMember_lbl" xml:lang="en-US">Past-due up to 30 days [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:label="ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:to="ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember_lbl" xml:lang="en-US">Past-due up to 180 days [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanThreeMonthsMember" xlink:label="ifrs-full_LaterThanThreeMonthsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanThreeMonthsMember" xlink:to="ifrs-full_LaterThanThreeMonthsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanThreeMonthsMember_lbl" xml:lang="en-US">Past-due over 180 days [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="ifrs-full_ClassesOfAssetsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfAssetsAxis" xlink:to="ifrs-full_ClassesOfAssetsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfAssetsAxis_lbl" xml:lang="en-US">Classes of assets [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinishedGoodsMember" xlink:label="sid_FinishedGoodsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinishedGoodsMember" xlink:to="sid_FinishedGoodsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FinishedGoodsMember_lbl" xml:lang="en-US">Finished goods [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_WorkInProgressMember" xlink:label="sid_WorkInProgressMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_WorkInProgressMember" xlink:to="sid_WorkInProgressMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_WorkInProgressMember_lbl" xml:lang="en-US">Work in progress [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RawMaterialsMember" xlink:label="sid_RawMaterialsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RawMaterialsMember" xlink:to="sid_RawMaterialsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RawMaterialsMember_lbl" xml:lang="en-US">Raw materials [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SparePartsMember" xlink:label="sid_SparePartsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SparePartsMember" xlink:to="sid_SparePartsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SparePartsMember_lbl" xml:lang="en-US">Spare parts [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdvancesToSuppliersMember" xlink:label="sid_AdvancesToSuppliersMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdvancesToSuppliersMember" xlink:to="sid_AdvancesToSuppliersMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdvancesToSuppliersMember_lbl" xml:lang="en-US">Advances to suppliers [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_StateValueAddedTaxMember" xlink:label="sid_StateValueAddedTaxMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_StateValueAddedTaxMember" xlink:to="sid_StateValueAddedTaxMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_StateValueAddedTaxMember_lbl" xml:lang="en-US">State value added tax [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BrazilianFederalContributionsMember" xlink:label="sid_BrazilianFederalContributionsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BrazilianFederalContributionsMember" xlink:to="sid_BrazilianFederalContributionsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BrazilianFederalContributionsMember_lbl" xml:lang="en-US">Brazilian federal contributions [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherTaxesMember" xlink:label="sid_OtherTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherTaxesMember" xlink:to="sid_OtherTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherTaxesMember_lbl" xml:lang="en-US">Other taxes [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_JudicialDepositsMember" xlink:label="sid_JudicialDepositsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_JudicialDepositsMember" xlink:to="sid_JudicialDepositsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_JudicialDepositsMember_lbl" xml:lang="en-US">Judicial deposits [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CreditsWithThePGFNMember" xlink:label="sid_CreditsWithThePGFNMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CreditsWithThePGFNMember" xlink:to="sid_CreditsWithThePGFNMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CreditsWithThePGFNMember_lbl" xml:lang="en-US">Credits with the PGFN [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PrepaidExpensesMember" xlink:label="sid_PrepaidExpensesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PrepaidExpensesMember" xlink:to="sid_PrepaidExpensesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PrepaidExpensesMember_lbl" xml:lang="en-US">Prepaid expenses [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PrepaidExpensesWithSeaFreightMember" xlink:label="sid_PrepaidExpensesWithSeaFreightMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PrepaidExpensesWithSeaFreightMember" xlink:to="sid_PrepaidExpensesWithSeaFreightMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PrepaidExpensesWithSeaFreightMember_lbl" xml:lang="en-US">Prepaid expenses with sea freight [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssetRelatedPartyMember" xlink:label="sid_ActuarialAssetRelatedPartyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialAssetRelatedPartyMember" xlink:to="sid_ActuarialAssetRelatedPartyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ActuarialAssetRelatedPartyMember_lbl" xml:lang="en-US">Actuarial asset [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DerivativeFinancialInstrumentsMember" xlink:label="sid_DerivativeFinancialInstrumentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DerivativeFinancialInstrumentsMember" xlink:to="sid_DerivativeFinancialInstrumentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DerivativeFinancialInstrumentsMember_lbl" xml:lang="en-US">Derivative financial instruments [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SecuritiesHeldForTradingMember" xlink:label="sid_SecuritiesHeldForTradingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SecuritiesHeldForTradingMember" xlink:to="sid_SecuritiesHeldForTradingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SecuritiesHeldForTradingMember_lbl" xml:lang="en-US">Securities held for trading [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LoansWithRelatedPartiesMember" xlink:label="sid_LoansWithRelatedPartiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LoansWithRelatedPartiesMember" xlink:to="sid_LoansWithRelatedPartiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LoansWithRelatedPartiesMember_lbl" xml:lang="en-US">Loans with related parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherReceivablesFromRelatedPartiesMember" xlink:label="sid_OtherReceivablesFromRelatedPartiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherReceivablesFromRelatedPartiesMember" xlink:to="sid_OtherReceivablesFromRelatedPartiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherReceivablesFromRelatedPartiesMember_lbl" xml:lang="en-US">Other receivables from related parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherReceivablesMember" xlink:label="sid_OtherReceivablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherReceivablesMember" xlink:to="sid_OtherReceivablesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherReceivablesMember_lbl" xml:lang="en-US">Other receivables [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember" xlink:label="sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember" xlink:to="sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember_lbl" xml:lang="en-US">Eletrobras's compulsory loan [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsReceivableMember" xlink:label="sid_DividendsReceivableMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DividendsReceivableMember" xlink:to="sid_DividendsReceivableMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DividendsReceivableMember_lbl" xml:lang="en-US">Dividends receivables [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DebitOfEmployeesMember" xlink:label="sid_DebitOfEmployeesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DebitOfEmployeesMember" xlink:to="sid_DebitOfEmployeesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DebitOfEmployeesMember_lbl" xml:lang="en-US">Employee debts [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherMember" xlink:label="sid_OtherMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherMember" xlink:to="sid_OtherMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherMember_lbl" xml:lang="en-US">Other [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReceivablesByIndemnityMember" xlink:label="sid_ReceivablesByIndemnityMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ReceivablesByIndemnityMember" xlink:to="sid_ReceivablesByIndemnityMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ReceivablesByIndemnityMember_lbl" xml:lang="en-US">Receivables by indemnity [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LandMember" xlink:label="ifrs-full_LandMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LandMember" xlink:to="ifrs-full_LandMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LandMember_lbl" xml:lang="en-US">Land [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BuildingsMember" xlink:label="ifrs-full_BuildingsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BuildingsMember" xlink:to="ifrs-full_BuildingsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BuildingsMember_lbl" xml:lang="en-US">Buildings and infrastructure [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MachineryMember" xlink:label="ifrs-full_MachineryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MachineryMember" xlink:to="ifrs-full_MachineryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MachineryMember_lbl" xml:lang="en-US">Machinery, equipment and facilities [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FixturesAndFittingsMember" xlink:label="ifrs-full_FixturesAndFittingsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FixturesAndFittingsMember" xlink:to="ifrs-full_FixturesAndFittingsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FixturesAndFittingsMember_lbl" xml:lang="en-US">Fixtures and fixtures [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ConstructionInProgressMember" xlink:label="ifrs-full_ConstructionInProgressMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ConstructionInProgressMember" xlink:to="ifrs-full_ConstructionInProgressMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ConstructionInProgressMember_lbl" xml:lang="en-US">Construction in progress [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RightofuseAssetsMember" xlink:label="ifrs-full_RightofuseAssetsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RightofuseAssetsMember" xlink:to="ifrs-full_RightofuseAssetsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RightofuseAssetsMember_lbl" xml:lang="en-US">Right-of-use assets [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:label="ifrs-full_OtherPropertyPlantAndEquipmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:to="ifrs-full_OtherPropertyPlantAndEquipmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherPropertyPlantAndEquipmentMember_lbl" xml:lang="en-US">Other [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:label="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis_lbl" xml:lang="en-US">Carrying amount, accumulated depreciation, amortisation and impairment and gross carrying amount [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossCarryingAmountMember" xlink:label="ifrs-full_GrossCarryingAmountMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossCarryingAmountMember" xlink:to="ifrs-full_GrossCarryingAmountMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GrossCarryingAmountMember_lbl" xml:lang="en-US">Cost [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:label="ifrs-full_AccumulatedDepreciationAndAmortisationMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:to="ifrs-full_AccumulatedDepreciationAndAmortisationMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AccumulatedDepreciationAndAmortisationMember_lbl" xml:lang="en-US">Accumulated depreciation [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:label="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis_lbl" xml:lang="en-US">Classes of intangible assets other than goodwill [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GoodwillMember" xlink:label="ifrs-full_GoodwillMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GoodwillMember" xlink:to="ifrs-full_GoodwillMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GoodwillMember_lbl" xml:lang="en-US">Goodwill [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:label="ifrs-full_CustomerrelatedIntangibleAssetsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:to="ifrs-full_CustomerrelatedIntangibleAssetsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CustomerrelatedIntangibleAssetsMember_lbl" xml:lang="en-US">Customer related intangible assets [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TechnologybasedIntangibleAssetsMember" xlink:label="ifrs-full_TechnologybasedIntangibleAssetsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TechnologybasedIntangibleAssetsMember" xlink:to="ifrs-full_TechnologybasedIntangibleAssetsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TechnologybasedIntangibleAssetsMember_lbl" xml:lang="en-US">Software [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BrandNamesMember" xlink:label="ifrs-full_BrandNamesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BrandNamesMember" xlink:to="ifrs-full_BrandNamesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BrandNamesMember_lbl" xml:lang="en-US">Trademarks and patents [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LicencesMember" xlink:label="ifrs-full_LicencesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LicencesMember" xlink:to="ifrs-full_LicencesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LicencesMember_lbl" xml:lang="en-US">Rights and Licenses [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherIntangibleAssetsMember" xlink:label="ifrs-full_OtherIntangibleAssetsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherIntangibleAssetsMember" xlink:to="ifrs-full_OtherIntangibleAssetsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherIntangibleAssetsMember_lbl" xml:lang="en-US">Other [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentForAccumulatedRecoverableValueMember" xlink:label="sid_AdjustmentForAccumulatedRecoverableValueMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentForAccumulatedRecoverableValueMember" xlink:to="sid_AdjustmentForAccumulatedRecoverableValueMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdjustmentForAccumulatedRecoverableValueMember_lbl" xml:lang="en-US">Adjustment for accumulated recoverable value [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis" xlink:label="ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis" xlink:to="ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis_lbl" xml:lang="en-US">Individual assets or cash generating units [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PackagingMember" xlink:label="sid_PackagingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PackagingMember" xlink:to="sid_PackagingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PackagingMember_lbl" xml:lang="en-US">Packaging [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SegmentsAxis" xlink:label="ifrs-full_SegmentsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SegmentsAxis" xlink:to="ifrs-full_SegmentsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SegmentsAxis_lbl" xml:lang="en-US">Segments [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SteelMember" xlink:label="sid_SteelMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SteelMember" xlink:to="sid_SteelMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SteelMember_lbl" xml:lang="en-US">Steel [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LongStelMember" xlink:label="sid_LongStelMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LongStelMember" xlink:to="sid_LongStelMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LongStelMember_lbl" xml:lang="en-US">Long steel [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MiningMember" xlink:label="sid_MiningMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MiningMember" xlink:to="sid_MiningMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MiningMember_lbl" xml:lang="en-US">Mining [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MinningMember" xlink:label="sid_MinningMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MinningMember" xlink:to="sid_MinningMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MinningMember_lbl" xml:lang="en-US">Minning [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherSteelMember" xlink:label="sid_OtherSteelMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherSteelMember" xlink:to="sid_OtherSteelMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherSteelMember_lbl" xml:lang="en-US">Other Steel [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:label="ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:to="ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis_lbl" xml:lang="en-US">Cash-generating units [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FlatSteelMember" xlink:label="sid_FlatSteelMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FlatSteelMember" xlink:to="sid_FlatSteelMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FlatSteelMember_lbl" xml:lang="en-US">Flat Steel [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LogisticMember" xlink:label="sid_LogisticMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LogisticMember" xlink:to="sid_LogisticMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LogisticMember_lbl" xml:lang="en-US">Logistic [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="ifrs-full_RangeAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RangeAxis" xlink:to="ifrs-full_RangeAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RangeAxis_lbl" xml:lang="en-US">Range [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="ifrs-full_TopOfRangeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TopOfRangeMember" xlink:to="ifrs-full_TopOfRangeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TopOfRangeMember_lbl" xml:lang="en-US">Top of range [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BottomOfRangeMember" xlink:label="ifrs-full_BottomOfRangeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BottomOfRangeMember" xlink:to="ifrs-full_BottomOfRangeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BottomOfRangeMember_lbl" xml:lang="en-US">Bottom of range [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:label="ifrs-full_SignificantInvestmentsInSubsidiariesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:to="ifrs-full_SignificantInvestmentsInSubsidiariesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SignificantInvestmentsInSubsidiariesAxis_lbl" xml:lang="en-US">Subsidiaries [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CKTRBrasilServicosLtdaMember" xlink:label="sid_CKTRBrasilServicosLtdaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CKTRBrasilServicosLtdaMember" xlink:to="sid_CKTRBrasilServicosLtdaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CKTRBrasilServicosLtdaMember_lbl" xml:lang="en-US">CKTR Brasil Servicos Ltda [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="ifrs-full_TypesOfRisksAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfRisksAxis" xlink:to="ifrs-full_TypesOfRisksAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfRisksAxis_lbl" xml:lang="en-US">Types of risks [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariableInterestMember" xlink:label="sid_VariableInterestMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VariableInterestMember" xlink:to="sid_VariableInterestMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_VariableInterestMember_lbl" xml:lang="en-US">Variable interest [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsByNameAxis" xlink:label="ifrs-full_BorrowingsByNameAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsByNameAxis" xlink:to="ifrs-full_BorrowingsByNameAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BorrowingsByNameAxis_lbl" xml:lang="en-US">Borrowings by name [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PrepaymentMember" xlink:label="sid_PrepaymentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PrepaymentMember" xlink:to="sid_PrepaymentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PrepaymentMember_lbl" xml:lang="en-US">Prepayment [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyAxis" xlink:label="sid_TypeOfFunctionalCurrencyAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TypeOfFunctionalCurrencyAxis" xlink:to="sid_TypeOfFunctionalCurrencyAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TypeOfFunctionalCurrencyAxis_lbl" xml:lang="en-US">Type Of Functional Currency [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ForeignCurrencyMember" xlink:label="sid_ForeignCurrencyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ForeignCurrencyMember" xlink:to="sid_ForeignCurrencyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ForeignCurrencyMember_lbl" xml:lang="en-US">Foreign currency [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FixedInterestMember" xlink:label="sid_FixedInterestMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FixedInterestMember" xlink:to="sid_FixedInterestMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FixedInterestMember_lbl" xml:lang="en-US">Fixed interest [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondsPerpetualBondsAndACCMember" xlink:label="sid_BondsPerpetualBondsAndACCMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BondsPerpetualBondsAndACCMember" xlink:to="sid_BondsPerpetualBondsAndACCMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BondsPerpetualBondsAndACCMember_lbl" xml:lang="en-US">Bonds, Perpetual Bonds and ACC [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FacilityMember" xlink:label="sid_FacilityMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FacilityMember" xlink:to="sid_FacilityMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FacilityMember_lbl" xml:lang="en-US">Facility [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BNDESFINAMEDebenturesNCEAndCCBMember" xlink:label="sid_BNDESFINAMEDebenturesNCEAndCCBMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BNDESFINAMEDebenturesNCEAndCCBMember" xlink:to="sid_BNDESFINAMEDebenturesNCEAndCCBMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BNDESFINAMEDebenturesNCEAndCCBMember_lbl" xml:lang="en-US">BNDES/FINAME, Debentures, NCE and CCB [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LocalCurrencyMember" xlink:label="sid_LocalCurrencyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LocalCurrencyMember" xlink:to="sid_LocalCurrencyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LocalCurrencyMember_lbl" xml:lang="en-US">Local currency [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IntercompanyMember" xlink:label="sid_IntercompanyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IntercompanyMember" xlink:to="sid_IntercompanyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IntercompanyMember_lbl" xml:lang="en-US">Intercompany [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_USD" xlink:label="currency_USD" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="currency_USD" xlink:to="currency_USD_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="currency_USD_lbl" xml:lang="en-US">USD</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="ifrs-full_MaturityAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MaturityAxis" xlink:to="ifrs-full_MaturityAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MaturityAxis_lbl" xml:lang="en-US">Maturity [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember_lbl" xml:lang="en-US">2022 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:label="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:to="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember_lbl" xml:lang="en-US">2023 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:to="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_lbl" xml:lang="en-US">2023 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:label="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember_lbl" xml:lang="en-US">2024 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanFiveYearsAndNotLaterThanSixYearsMember" xlink:label="sid_LaterThanFiveYearsAndNotLaterThanSixYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaterThanFiveYearsAndNotLaterThanSixYearsMember" xlink:to="sid_LaterThanFiveYearsAndNotLaterThanSixYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LaterThanFiveYearsAndNotLaterThanSixYearsMember_lbl" xml:lang="en-US">2025 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanSixYearsAndNotLaterThanSevenYearsMember" xlink:label="sid_LaterThanSixYearsAndNotLaterThanSevenYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaterThanSixYearsAndNotLaterThanSevenYearsMember" xlink:to="sid_LaterThanSixYearsAndNotLaterThanSevenYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LaterThanSixYearsAndNotLaterThanSevenYearsMember_lbl" xml:lang="en-US">2026 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AfterSixYearsMember" xlink:label="sid_AfterSixYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AfterSixYearsMember" xlink:to="sid_AfterSixYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AfterSixYearsMember_lbl" xml:lang="en-US">After 2026 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PerpetualBondsMember" xlink:label="sid_PerpetualBondsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PerpetualBondsMember" xlink:to="sid_PerpetualBondsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PerpetualBondsMember_lbl" xml:lang="en-US">Perpetual Bonds [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondsPerpetualBondsACCAndFacilityMember" xlink:label="sid_BondsPerpetualBondsACCAndFacilityMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BondsPerpetualBondsACCAndFacilityMember" xlink:to="sid_BondsPerpetualBondsACCAndFacilityMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BondsPerpetualBondsACCAndFacilityMember_lbl" xml:lang="en-US">Bonds, Perpetual Bonds, ACC and Facility [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DerivativesMember" xlink:label="ifrs-full_DerivativesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativesMember" xlink:to="ifrs-full_DerivativesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DerivativesMember_lbl" xml:lang="en-US">Derivative financial instruments [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfFinancialLiabilitiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis_lbl" xml:lang="en-US">Classes of financial liabilities [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeasesMember" xlink:label="sid_LeasesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeasesMember" xlink:to="sid_LeasesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LeasesMember_lbl" xml:lang="en-US">Leases [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesDraweeRiskMember" xlink:label="sid_TradePayablesDraweeRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TradePayablesDraweeRiskMember" xlink:to="sid_TradePayablesDraweeRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TradePayablesDraweeRiskMember_lbl" xml:lang="en-US">Trade payables - drawee risk [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesMember" xlink:label="sid_TradePayablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TradePayablesMember" xlink:to="sid_TradePayablesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TradePayablesMember_lbl" xml:lang="en-US">Trade payables [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingMember" xlink:label="sid_BorrowingsAndFinancingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingsAndFinancingMember" xlink:to="sid_BorrowingsAndFinancingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BorrowingsAndFinancingMember_lbl" xml:lang="en-US">Borrowings and financing [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashAndCashEquivalantMember" xlink:label="sid_CashAndCashEquivalantMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashAndCashEquivalantMember" xlink:to="sid_CashAndCashEquivalantMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashAndCashEquivalantMember_lbl" xml:lang="en-US">Cash and cash equivalants [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ShortTermInvestmentMember" xlink:label="sid_ShortTermInvestmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ShortTermInvestmentMember" xlink:to="sid_ShortTermInvestmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ShortTermInvestmentMember_lbl" xml:lang="en-US">Short-term investments [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeReceivablesMember" xlink:label="ifrs-full_TradeReceivablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeReceivablesMember" xlink:to="ifrs-full_TradeReceivablesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeReceivablesMember_lbl" xml:lang="en-US">Trade receivables [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsAndInterestOnEquityMember" xlink:label="sid_DividendsAndInterestOnEquityMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DividendsAndInterestOnEquityMember" xlink:to="sid_DividendsAndInterestOnEquityMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DividendsAndInterestOnEquityMember_lbl" xml:lang="en-US">Dividends and interest on equity/ capital [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradingEquitySecuritiesMember" xlink:label="ifrs-full_TradingEquitySecuritiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradingEquitySecuritiesMember" xlink:to="ifrs-full_TradingEquitySecuritiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradingEquitySecuritiesMember_lbl" xml:lang="en-US">Trading securities [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentPropertyMember" xlink:label="ifrs-full_InvestmentPropertyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentPropertyMember" xlink:to="ifrs-full_InvestmentPropertyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_InvestmentPropertyMember_lbl" xml:lang="en-US">Investments [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherTradeReceivablesMember" xlink:label="sid_OtherTradeReceivablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherTradeReceivablesMember" xlink:to="sid_OtherTradeReceivablesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherTradeReceivablesMember_lbl" xml:lang="en-US">Other trade receivables [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompulsoryLoanEletrobrasMember" xlink:label="sid_CompulsoryLoanEletrobrasMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CompulsoryLoanEletrobrasMember" xlink:to="sid_CompulsoryLoanEletrobrasMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CompulsoryLoanEletrobrasMember_lbl" xml:lang="en-US">Eletrobras compulsory loan [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RelatedPartiesMember" xlink:label="ifrs-full_RelatedPartiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RelatedPartiesMember" xlink:to="ifrs-full_RelatedPartiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RelatedPartiesMember_lbl" xml:lang="en-US">Loans - related parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInvestmentesMember" xlink:label="sid_FinancialInvestmentesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialInvestmentesMember" xlink:to="sid_FinancialInvestmentesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_FinancialInvestmentesMember_lbl" xml:lang="en-US">Investments [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl" xml:lang="en-US">Levels Of Fair Value Hierarchy [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Level1OfFairValueHierarchyMember" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level1OfFairValueHierarchyMember" xlink:to="ifrs-full_Level1OfFairValueHierarchyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember_lbl" xml:lang="en-US">Level 1 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Level2OfFairValueHierarchyMember" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Level2OfFairValueHierarchyMember" xlink:to="ifrs-full_Level2OfFairValueHierarchyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Level2OfFairValueHierarchyMember_lbl" xml:lang="en-US">Level 2 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInvestmentes1Member" xlink:label="sid_FinancialInvestmentes1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialInvestmentes1Member" xlink:to="sid_FinancialInvestmentes1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FinancialInvestmentes1Member_lbl" xml:lang="en-US">Financial investments [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfShareCapitalAxis" xlink:label="ifrs-full_ClassesOfShareCapitalAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfShareCapitalAxis" xlink:to="ifrs-full_ClassesOfShareCapitalAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfShareCapitalAxis_lbl" xml:lang="en-US">Classes of share capital [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OrdinarySharesOneMember" xlink:label="sid_OrdinarySharesOneMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OrdinarySharesOneMember" xlink:to="sid_OrdinarySharesOneMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OrdinarySharesOneMember_lbl" xml:lang="en-US">USIM3 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PreferenceSharesMember" xlink:label="ifrs-full_PreferenceSharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PreferenceSharesMember" xlink:to="ifrs-full_PreferenceSharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PreferenceSharesMember_lbl" xml:lang="en-US">USIM5 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PreferenceSharesoneMember" xlink:label="sid_PreferenceSharesoneMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PreferenceSharesoneMember" xlink:to="sid_PreferenceSharesoneMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PreferenceSharesoneMember_lbl" xml:lang="en-US">PATI3 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalSharesMember" xlink:label="sid_TotalSharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalSharesMember" xlink:to="sid_TotalSharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TotalSharesMember_lbl" xml:lang="en-US">Total shares [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="ifrs-full_CurrencyRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrencyRiskMember" xlink:to="ifrs-full_CurrencyRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrencyRiskMember_lbl" xml:lang="en-US">Foreign exchange risk [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_USMember" xlink:label="sid_USMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_USMember" xlink:to="sid_USMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_USMember_lbl" xml:lang="en-US">UNITED STATES [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EURMember" xlink:label="sid_EURMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EURMember" xlink:to="sid_EURMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_EURMember_lbl" xml:lang="en-US">Euro [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashAndCashEquivalentsOverseasMember" xlink:label="sid_CashAndCashEquivalentsOverseasMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashAndCashEquivalentsOverseasMember" xlink:to="sid_CashAndCashEquivalentsOverseasMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashAndCashEquivalentsOverseasMember_lbl" xml:lang="en-US">Cash and cash equivalents overseas [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherAssetsMember" xlink:label="ifrs-full_OtherAssetsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherAssetsMember" xlink:to="ifrs-full_OtherAssetsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherAssetsMember_lbl" xml:lang="en-US">Other assets [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="ifrs-full_ClassesOfAssetsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfAssetsMember" xlink:to="ifrs-full_ClassesOfAssetsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfAssetsMember_lbl" xml:lang="en-US">Total assets [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherLiabilities1Member" xlink:label="sid_OtherLiabilities1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherLiabilities1Member" xlink:to="sid_OtherLiabilities1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherLiabilities1Member_lbl" xml:lang="en-US">Other liabilities [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="ifrs-full_LiabilitiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesMember" xlink:to="ifrs-full_LiabilitiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LiabilitiesMember_lbl" xml:lang="en-US">Total liabilities [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesAxis" xlink:label="ifrs-full_TypesOfHedgesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfHedgesAxis" xlink:to="ifrs-full_TypesOfHedgesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfHedgesAxis_lbl" xml:lang="en-US">Types of hedges [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowHedgesMember" xlink:label="ifrs-full_CashFlowHedgesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowHedgesMember" xlink:to="ifrs-full_CashFlowHedgesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowHedgesMember_lbl" xml:lang="en-US">Cash flow hedges [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencySwapContractMember" xlink:label="ifrs-full_CurrencySwapContractMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrencySwapContractMember" xlink:to="ifrs-full_CurrencySwapContractMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrencySwapContractMember_lbl" xml:lang="en-US">Exchange rate swap CDI x dollar [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInvestmentsMember" xlink:label="sid_FinancialInvestmentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialInvestmentsMember" xlink:to="sid_FinancialInvestmentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_FinancialInvestmentsMember_lbl" xml:lang="en-US">Financial investments [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IronOreDerivativeMember" xlink:label="sid_IronOreDerivativeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IronOreDerivativeMember" xlink:to="sid_IronOreDerivativeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IronOreDerivativeMember_lbl" xml:lang="en-US">Iron ore derivative [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProbabilityOfDefaultAxis" xlink:label="ifrs-full_ProbabilityOfDefaultAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProbabilityOfDefaultAxis" xlink:to="ifrs-full_ProbabilityOfDefaultAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProbabilityOfDefaultAxis_lbl" xml:lang="en-US">Probability Of Default [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProbableScenarioMember" xlink:label="sid_ProbableScenarioMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProbableScenarioMember" xlink:to="sid_ProbableScenarioMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProbableScenarioMember_lbl" xml:lang="en-US">Probable scenario [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIMember" xlink:label="sid_ScenarioIMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScenarioIMember" xlink:to="sid_ScenarioIMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScenarioIMember_lbl" xml:lang="en-US">Scenario 1 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIIMember" xlink:label="sid_ScenarioIIMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScenarioIIMember" xlink:to="sid_ScenarioIIMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScenarioIIMember_lbl" xml:lang="en-US">Scenario 2 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_USDXEURMember" xlink:label="sid_USDXEURMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_USDXEURMember" xlink:to="sid_USDXEURMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_USDXEURMember_lbl" xml:lang="en-US">USD x EUR [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsAxis" xlink:label="ifrs-full_HedgingInstrumentsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_HedgingInstrumentsAxis" xlink:to="ifrs-full_HedgingInstrumentsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_HedgingInstrumentsAxis_lbl" xml:lang="en-US">Hedging Instrument [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapDollarEuroMember" xlink:label="sid_ExchangeRateSwapDollarEuroMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeRateSwapDollarEuroMember" xlink:to="sid_ExchangeRateSwapDollarEuroMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExchangeRateSwapDollarEuroMember_lbl" xml:lang="en-US">Exchange rate swap dollar x euro [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetExchangePositionOneMember" xlink:label="sid_NetExchangePositionOneMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NetExchangePositionOneMember" xlink:to="sid_NetExchangePositionOneMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NetExchangePositionOneMember_lbl" xml:lang="en-US">Net exchange position [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetExchangePositionMember" xlink:label="sid_NetExchangePositionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NetExchangePositionMember" xlink:to="sid_NetExchangePositionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_NetExchangePositionMember_lbl" xml:lang="en-US">Net exchange position [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateAwapCDIDollarMember" xlink:label="sid_ExchangeRateAwapCDIDollarMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeRateAwapCDIDollarMember" xlink:to="sid_ExchangeRateAwapCDIDollarMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ExchangeRateAwapCDIDollarMember_lbl" xml:lang="en-US">Exchange rate swap CDI x dollar [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossExchangePositionMember" xlink:label="sid_GrossExchangePositionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GrossExchangePositionMember" xlink:to="sid_GrossExchangePositionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_GrossExchangePositionMember_lbl" xml:lang="en-US">Gross exchange position [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIIThreeMember" xlink:label="sid_ScenarioIIThreeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScenarioIIThreeMember" xlink:to="sid_ScenarioIIThreeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ScenarioIIThreeMember_lbl" xml:lang="en-US">Scenario 1 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIITwoMember" xlink:label="sid_ScenarioIITwoMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScenarioIITwoMember" xlink:to="sid_ScenarioIITwoMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ScenarioIITwoMember_lbl" xml:lang="en-US">Scenario 2 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestRateRiskMember" xlink:label="ifrs-full_InterestRateRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestRateRiskMember" xlink:to="ifrs-full_InterestRateRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestRateRiskMember_lbl" xml:lang="en-US">Interest rate risk [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariableInterestRateAxis" xlink:label="sid_VariableInterestRateAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VariableInterestRateAxis" xlink:to="sid_VariableInterestRateAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_VariableInterestRateAxis_lbl" xml:lang="en-US">Variable Interest Rate [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CDIMember" xlink:label="sid_CDIMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CDIMember" xlink:to="sid_CDIMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CDIMember_lbl" xml:lang="en-US">CDI [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TJLPMember" xlink:label="sid_TJLPMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TJLPMember" xlink:to="sid_TJLPMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TJLPMember_lbl" xml:lang="en-US">TJLP [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LondonInterbankOfferedRateLIBOROneMember" xlink:label="sid_LondonInterbankOfferedRateLIBOROneMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LondonInterbankOfferedRateLIBOROneMember" xlink:to="sid_LondonInterbankOfferedRateLIBOROneMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LondonInterbankOfferedRateLIBOROneMember_lbl" xml:lang="en-US">Libor [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LIBORMember" xlink:label="sid_LIBORMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LIBORMember" xlink:to="sid_LIBORMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LIBORMember_lbl" xml:lang="en-US">LIBOR [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NotLaterThanOneYearsMember" xlink:label="sid_NotLaterThanOneYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NotLaterThanOneYearsMember" xlink:to="sid_NotLaterThanOneYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NotLaterThanOneYearsMember_lbl" xml:lang="en-US">2/2/2021 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneYearMember" xlink:label="ifrs-full_LaterThanOneYearMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneYearMember" xlink:to="ifrs-full_LaterThanOneYearMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanOneYearMember_lbl" xml:lang="en-US">3/2/2021 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapDollarEuroOneMember" xlink:label="sid_ExchangeRateSwapDollarEuroOneMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeRateSwapDollarEuroOneMember" xlink:to="sid_ExchangeRateSwapDollarEuroOneMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExchangeRateSwapDollarEuroOneMember_lbl" xml:lang="en-US">Exchange rate swap Dollar x Euro [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalDollarToEuroSwapMember" xlink:label="sid_TotalDollarToEuroSwapMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalDollarToEuroSwapMember" xlink:to="sid_TotalDollarToEuroSwapMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TotalDollarToEuroSwapMember_lbl" xml:lang="en-US">Total dollar-to-euro swap [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapGBPEuroMember" xlink:label="sid_ExchangeRateSwapGBPEuroMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeRateSwapGBPEuroMember" xlink:to="sid_ExchangeRateSwapGBPEuroMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExchangeRateSwapGBPEuroMember_lbl" xml:lang="en-US">Exchange rate swap GBP x euro [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalSwapGBPEuroMember" xlink:label="sid_TotalSwapGBPEuroMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalSwapGBPEuroMember" xlink:to="sid_TotalSwapGBPEuroMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TotalSwapGBPEuroMember_lbl" xml:lang="en-US">Total Swap GBP x Euro [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapCDIDollarMember" xlink:label="sid_ExchangeRateSwapCDIDollarMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeRateSwapCDIDollarMember" xlink:to="sid_ExchangeRateSwapCDIDollarMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ExchangeRateSwapCDIDollarMember_lbl" xml:lang="en-US">Exchange rate swap CDI x dollar [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalSwapCDIDollarMember" xlink:label="sid_TotalSwapCDIDollarMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalSwapCDIDollarMember" xlink:to="sid_TotalSwapCDIDollarMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TotalSwapCDIDollarMember_lbl" xml:lang="en-US">Total Swap CDI x dollar [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesMember" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesMember_lbl" xml:lang="en-US">Export prepayments in us$ to third parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesOneMember" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesOneMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesOneMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesOneMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesOneMember_lbl" xml:lang="en-US">Export prepayments in us$ to third parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesTwoMember" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesTwoMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesTwoMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesTwoMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesTwoMember_lbl" xml:lang="en-US">Export prepayments in us$ to third parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesThreeMember" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesThreeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesThreeMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesThreeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesThreeMember_lbl" xml:lang="en-US">Export prepayments in us$ to third parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesFourMember" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesFourMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesFourMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesFourMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesFourMember_lbl" xml:lang="en-US">Export prepayments in us$ to third parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesFiveMember" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesFiveMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesFiveMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesFiveMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesFiveMember_lbl" xml:lang="en-US">Export prepayments in us$ to third parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesSixMember" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesSixMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesSixMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesSixMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesSixMember_lbl" xml:lang="en-US">Export pepayments in us$ to third parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesSevenMember" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesSevenMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesSevenMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesSevenMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesSevenMember_lbl" xml:lang="en-US">Export prepayments in us$ to third parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesEightMember" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesEightMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesEightMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesEightMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesEightMember_lbl" xml:lang="en-US">Export prepayments in us$ to third parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesNineMember" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesNineMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesNineMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesNineMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesNineMember_lbl" xml:lang="en-US">Export prepayments in us$ to third parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesTenMember" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesTenMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesTenMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesTenMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesTenMember_lbl" xml:lang="en-US">Export prepayments in us$ to third parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesElevenMember" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesElevenMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesElevenMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesElevenMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesElevenMember_lbl" xml:lang="en-US">Export Prepayments in us$ to third parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondsandExportprepaymentsinUSMember" xlink:label="sid_BondsandExportprepaymentsinUSMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BondsandExportprepaymentsinUSMember" xlink:to="sid_BondsandExportprepaymentsinUSMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BondsandExportprepaymentsinUSMember_lbl" xml:lang="en-US">Bonds and export prepayments in us$ [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondsandExportprepaymentsinUSOneMember" xlink:label="sid_BondsandExportprepaymentsinUSOneMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BondsandExportprepaymentsinUSOneMember" xlink:to="sid_BondsandExportprepaymentsinUSOneMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BondsandExportprepaymentsinUSOneMember_lbl" xml:lang="en-US">Bonds without express maturity and export prepayments in us$ to third parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondOneMember" xlink:label="sid_BondOneMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BondOneMember" xlink:to="sid_BondOneMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BondOneMember_lbl" xml:lang="en-US">Bond [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NotLaterThanThreeMonthsMember" xlink:label="ifrs-full_NotLaterThanThreeMonthsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotLaterThanThreeMonthsMember" xlink:to="ifrs-full_NotLaterThanThreeMonthsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NotLaterThanThreeMonthsMember_lbl" xml:lang="en-US">09/02/2020 (settled) [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:label="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:to="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember_lbl" xml:lang="en-US">10/02/2020 (settled) [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember" xlink:label="ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember" xlink:to="ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember_lbl" xml:lang="en-US">11/04/2020 (settled) [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" xlink:label="ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" xlink:to="ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember_lbl" xml:lang="en-US">12/02/2020 (settled) [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" xlink:label="ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" xlink:to="ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember_lbl" xml:lang="en-US">2/2/2021 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_lbl" xml:lang="en-US">Between one and five years [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowHedgesPlattsMember" xlink:label="sid_CashFlowHedgesPlattsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowHedgesPlattsMember" xlink:to="sid_CashFlowHedgesPlattsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashFlowHedgesPlattsMember_lbl" xml:lang="en-US">Cash flow hedge accounting platts [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember" xlink:label="sid_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember" xlink:to="sid_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember_lbl" xml:lang="en-US">Income tax and social contribution on cash flow hedge accounting [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueOfCashFlowAccountingPlattsNetMember" xlink:label="sid_FairValueOfCashFlowAccountingPlattsNetMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FairValueOfCashFlowAccountingPlattsNetMember" xlink:to="sid_FairValueOfCashFlowAccountingPlattsNetMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FairValueOfCashFlowAccountingPlattsNetMember_lbl" xml:lang="en-US">Fair value of cash flow accounting platts net [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" xlink:label="ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" xlink:to="ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember_lbl" xml:lang="en-US">Hedges of net investment in foreign operations [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NonDerivativeFinancialLiabilitiesInEurDebtContractMember" xlink:label="sid_NonDerivativeFinancialLiabilitiesInEurDebtContractMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NonDerivativeFinancialLiabilitiesInEurDebtContractMember" xlink:to="sid_NonDerivativeFinancialLiabilitiesInEurDebtContractMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NonDerivativeFinancialLiabilitiesInEurDebtContractMember_lbl" xml:lang="en-US">Non-derivative financial liabilities in EUR - debt contract [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NotLaterThanOneYearMember" xlink:label="ifrs-full_NotLaterThanOneYearMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotLaterThanOneYearMember" xlink:to="ifrs-full_NotLaterThanOneYearMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NotLaterThanOneYearMember_lbl" xml:lang="en-US">2021 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" xlink:label="ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember_lbl" xml:lang="en-US">From two to five years [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanFiveYearsMember" xlink:label="ifrs-full_LaterThanFiveYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanFiveYearsMember" xlink:to="ifrs-full_LaterThanFiveYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanFiveYearsMember_lbl" xml:lang="en-US">Over five years [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiquidityRiskMember" xlink:label="ifrs-full_LiquidityRiskMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiquidityRiskMember" xlink:to="ifrs-full_LiquidityRiskMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LiquidityRiskMember_lbl" xml:lang="en-US">Liquidity risk [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FixedRateNotesMember" xlink:label="sid_FixedRateNotesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FixedRateNotesMember" xlink:to="sid_FixedRateNotesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FixedRateNotesMember_lbl" xml:lang="en-US">Fixed rate notes [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalManagementMember" xlink:label="sid_CapitalManagementMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CapitalManagementMember" xlink:to="sid_CapitalManagementMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CapitalManagementMember_lbl" xml:lang="en-US">Capital Management [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="ifrs-full_ClassesOfLiabilitiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfLiabilitiesAxis" xlink:to="ifrs-full_ClassesOfLiabilitiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfLiabilitiesAxis_lbl" xml:lang="en-US">Classes of liabilities [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PayablesToRelatedPartiesMember" xlink:label="sid_PayablesToRelatedPartiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PayablesToRelatedPartiesMember" xlink:to="sid_PayablesToRelatedPartiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PayablesToRelatedPartiesMember_lbl" xml:lang="en-US">Payables To Related Parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsAndInterestOnCapitalPayableMember" xlink:label="sid_DividendsAndInterestOnCapitalPayableMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DividendsAndInterestOnCapitalPayableMember" xlink:to="sid_DividendsAndInterestOnCapitalPayableMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DividendsAndInterestOnCapitalPayableMember_lbl" xml:lang="en-US">Dividends And Interest On Capital [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdvancesFromCustomersMember" xlink:label="sid_AdvancesFromCustomersMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdvancesFromCustomersMember" xlink:to="sid_AdvancesFromCustomersMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdvancesFromCustomersMember_lbl" xml:lang="en-US">Advances From Customers [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesInInstallmentsMember" xlink:label="sid_TaxesInInstallmentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxesInInstallmentsMember" xlink:to="sid_TaxesInInstallmentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TaxesInInstallmentsMember_lbl" xml:lang="en-US">Taxes In Installments [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProfitSharingEmployeesMember" xlink:label="sid_ProfitSharingEmployeesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProfitSharingEmployeesMember" xlink:to="sid_ProfitSharingEmployeesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProfitSharingEmployeesMember_lbl" xml:lang="en-US">Profit Sharing - Employees [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesPayableMember" xlink:label="sid_TaxesPayableMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxesPayableMember" xlink:to="sid_TaxesPayableMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TaxesPayableMember_lbl" xml:lang="en-US">Taxes Payable [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionFromConsumptionAndServicesMember" xlink:label="sid_ProvisionFromConsumptionAndServicesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProvisionFromConsumptionAndServicesMember" xlink:to="sid_ProvisionFromConsumptionAndServicesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProvisionFromConsumptionAndServicesMember_lbl" xml:lang="en-US">Provision From Consumption And Services [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ThirdPartyMaterialsInOurPossessionMember" xlink:label="sid_ThirdPartyMaterialsInOurPossessionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ThirdPartyMaterialsInOurPossessionMember" xlink:to="sid_ThirdPartyMaterialsInOurPossessionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ThirdPartyMaterialsInOurPossessionMember_lbl" xml:lang="en-US">Third Party Materials In Our Possession [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LeaseLiabilitiesMember" xlink:label="ifrs-full_LeaseLiabilitiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilitiesMember" xlink:to="ifrs-full_LeaseLiabilitiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LeaseLiabilitiesMember_lbl" xml:lang="en-US">Lease Liabilities [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPayablesMember" xlink:label="sid_OtherPayablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherPayablesMember" xlink:to="sid_OtherPayablesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherPayablesMember_lbl" xml:lang="en-US">Other Payables [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CurrencyAxisSignificantInvestmentsInSubsidiariesAxis" xlink:label="sid_CurrencyAxisSignificantInvestmentsInSubsidiariesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CurrencyAxisSignificantInvestmentsInSubsidiariesAxis" xlink:to="sid_CurrencyAxisSignificantInvestmentsInSubsidiariesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CurrencyAxisSignificantInvestmentsInSubsidiariesAxis_lbl" xml:lang="en-US">Significant Investments In Subsidiaries [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMineracaoMember" xlink:label="sid_CSNMineracaoMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNMineracaoMember" xlink:to="sid_CSNMineracaoMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNMineracaoMember_lbl" xml:lang="en-US">CSN mineracao [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NotLaterThanOne1YearMember" xlink:label="sid_NotLaterThanOne1YearMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NotLaterThanOne1YearMember" xlink:to="sid_NotLaterThanOne1YearMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NotLaterThanOne1YearMember_lbl" xml:lang="en-US">Less Than One Year [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RateAxis" xlink:label="sid_RateAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RateAxis" xlink:to="sid_RateAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RateAxis_lbl" xml:lang="en-US">Rate [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RateInNominalTermsAndActualFlowMember" xlink:label="sid_RateInNominalTermsAndActualFlowMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RateInNominalTermsAndActualFlowMember" xlink:to="sid_RateInNominalTermsAndActualFlowMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RateInNominalTermsAndActualFlowMember_lbl" xml:lang="en-US">Rate in nominal terms and actual flow [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CargoTerminalTECONMember" xlink:label="sid_CargoTerminalTECONMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CargoTerminalTECONMember" xlink:to="sid_CargoTerminalTECONMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CargoTerminalTECONMember_lbl" xml:lang="en-US">Cargo Terminal - TECON [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CargoTerminalTECARMember" xlink:label="sid_CargoTerminalTECARMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CargoTerminalTECARMember" xlink:to="sid_CargoTerminalTECARMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CargoTerminalTECARMember_lbl" xml:lang="en-US">Cargo Terminal - TECAR [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RailwayOperationMember" xlink:label="sid_RailwayOperationMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RailwayOperationMember" xlink:to="sid_RailwayOperationMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RailwayOperationMember_lbl" xml:lang="en-US">Railway Operation [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionAxis" xlink:label="sid_IncomeTaxAndSocialContributionAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxAndSocialContributionAxis" xlink:to="sid_IncomeTaxAndSocialContributionAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IncomeTaxAndSocialContributionAxis_lbl" xml:lang="en-US">Income tax and social contribution [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquityInResultsOfAffiliatedCompaniesMember" xlink:label="sid_EquityInResultsOfAffiliatedCompaniesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EquityInResultsOfAffiliatedCompaniesMember" xlink:to="sid_EquityInResultsOfAffiliatedCompaniesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EquityInResultsOfAffiliatedCompaniesMember_lbl" xml:lang="en-US">Equity in results of affiliated companies [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProfitWithDifferentiatedRatesOrUntaxedMember" xlink:label="sid_ProfitWithDifferentiatedRatesOrUntaxedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProfitWithDifferentiatedRatesOrUntaxedMember" xlink:to="sid_ProfitWithDifferentiatedRatesOrUntaxedMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProfitWithDifferentiatedRatesOrUntaxedMember_lbl" xml:lang="en-US">Profit with differentiated rates or untaxed [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransferPricingAdjustmentMember" xlink:label="sid_TransferPricingAdjustmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TransferPricingAdjustmentMember" xlink:to="sid_TransferPricingAdjustmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TransferPricingAdjustmentMember_lbl" xml:lang="en-US">Transfer pricing adjustment [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember" xlink:label="sid_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember" xlink:to="sid_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember_lbl" xml:lang="en-US">Tax loss carryforwards without recognizing deferred taxes [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LimitOfIndebtednessMember" xlink:label="sid_LimitOfIndebtednessMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LimitOfIndebtednessMember" xlink:to="sid_LimitOfIndebtednessMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LimitOfIndebtednessMember_lbl" xml:lang="en-US">Indebtdness limit [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UnrecordedDeferredTaxesOnTemporaryDifferencesMember" xlink:label="sid_UnrecordedDeferredTaxesOnTemporaryDifferencesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UnrecordedDeferredTaxesOnTemporaryDifferencesMember" xlink:to="sid_UnrecordedDeferredTaxesOnTemporaryDifferencesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_UnrecordedDeferredTaxesOnTemporaryDifferencesMember_lbl" xml:lang="en-US">Unrecorded deferred taxes on temporary differences [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember" xlink:label="sid_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember" xlink:to="sid_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember_lbl" xml:lang="en-US">(Losses)/Reversal for deferred income and social contribution tax credits [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionOnForeignProfitMember" xlink:label="sid_IncomeTaxAndSocialContributionOnForeignProfitMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxAndSocialContributionOnForeignProfitMember" xlink:to="sid_IncomeTaxAndSocialContributionOnForeignProfitMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IncomeTaxAndSocialContributionOnForeignProfitMember_lbl" xml:lang="en-US">Income taxes and social contribution on foreign profit [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxIncentivesMember" xlink:label="sid_TaxIncentivesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxIncentivesMember" xlink:to="sid_TaxIncentivesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TaxIncentivesMember_lbl" xml:lang="en-US">Tax incentives [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReversalOfDeferredTaxInNamisaMember" xlink:label="sid_ReversalOfDeferredTaxInNamisaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ReversalOfDeferredTaxInNamisaMember" xlink:to="sid_ReversalOfDeferredTaxInNamisaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ReversalOfDeferredTaxInNamisaMember_lbl" xml:lang="en-US">Deferred taxes on exchange variation in equity [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InterestOnEquityMember" xlink:label="sid_InterestOnEquityMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InterestOnEquityMember" xlink:to="sid_InterestOnEquityMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_InterestOnEquityMember_lbl" xml:lang="en-US">Interest on equity [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPermanentDeductionsAdditionsMember" xlink:label="sid_OtherPermanentDeductionsAdditionsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherPermanentDeductionsAdditionsMember" xlink:to="sid_OtherPermanentDeductionsAdditionsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherPermanentDeductionsAdditionsMember_lbl" xml:lang="en-US">Other permanent deductions (additions) [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxAssetLiabilityAxis" xlink:label="sid_DeferredTaxAssetLiabilityAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredTaxAssetLiabilityAxis" xlink:to="sid_DeferredTaxAssetLiabilityAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DeferredTaxAssetLiabilityAxis_lbl" xml:lang="en-US">Deferred tax asset liability [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredIncomeTaxLossesMember" xlink:label="sid_DeferredIncomeTaxLossesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredIncomeTaxLossesMember" xlink:to="sid_DeferredIncomeTaxLossesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DeferredIncomeTaxLossesMember_lbl" xml:lang="en-US">Deferred Income Tax Losses [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredSocialContributionTaxLossesMember" xlink:label="sid_DeferredSocialContributionTaxLossesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredSocialContributionTaxLossesMember" xlink:to="sid_DeferredSocialContributionTaxLossesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DeferredSocialContributionTaxLossesMember_lbl" xml:lang="en-US">Deferred social contribution tax losses [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TemporaryDifferencesMember" xlink:label="sid_TemporaryDifferencesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TemporaryDifferencesMember" xlink:to="sid_TemporaryDifferencesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TemporaryDifferencesMember_lbl" xml:lang="en-US">Temporary Differences [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember" xlink:label="sid_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember" xlink:to="sid_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember_lbl" xml:lang="en-US">Provision For Tax Social Security, Labor, Civil And Environmental Risks [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AssetsImpairmentLossesMember" xlink:label="sid_AssetsImpairmentLossesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AssetsImpairmentLossesMember" xlink:to="sid_AssetsImpairmentLossesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AssetsImpairmentLossesMember_lbl" xml:lang="en-US">Assets impairment losses [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GainsLossesOnFinancialInstrumentsMember" xlink:label="sid_GainsLossesOnFinancialInstrumentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GainsLossesOnFinancialInstrumentsMember" xlink:to="sid_GainsLossesOnFinancialInstrumentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_GainsLossesOnFinancialInstrumentsMember_lbl" xml:lang="en-US">(Gains )/ losses On financial instruments [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialLiabilityPensionAndHealthcarePlanMember" xlink:label="sid_ActuarialLiabilityPensionAndHealthcarePlanMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialLiabilityPensionAndHealthcarePlanMember" xlink:to="sid_ActuarialLiabilityPensionAndHealthcarePlanMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ActuarialLiabilityPensionAndHealthcarePlanMember_lbl" xml:lang="en-US">Actuarial liability (pension and healthcare plan) [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccruedSuppliesAndServicesMember" xlink:label="sid_AccruedSuppliesAndServicesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AccruedSuppliesAndServicesMember" xlink:to="sid_AccruedSuppliesAndServicesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AccruedSuppliesAndServicesMember_lbl" xml:lang="en-US">Accrued supplies and services [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UnrealizedExchangeDifferencesMember" xlink:label="sid_UnrealizedExchangeDifferencesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UnrealizedExchangeDifferencesMember" xlink:to="sid_UnrealizedExchangeDifferencesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_UnrealizedExchangeDifferencesMember_lbl" xml:lang="en-US">Unrealized exchange differences [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowHedgeAccountingMember" xlink:label="sid_CashFlowHedgeAccountingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowHedgeAccountingMember" xlink:to="sid_CashFlowHedgeAccountingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashFlowHedgeAccountingMember_lbl" xml:lang="en-US">Cash flow hedge accounting [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AcquisitionFairValueSwtCblMember" xlink:label="sid_AcquisitionFairValueSwtCblMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AcquisitionFairValueSwtCblMember" xlink:to="sid_AcquisitionFairValueSwtCblMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AcquisitionFairValueSwtCblMember_lbl" xml:lang="en-US">Aquisition Fair Value SWT/CBL [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxesNonComputedMember" xlink:label="sid_DeferredTaxesNonComputedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredTaxesNonComputedMember" xlink:to="sid_DeferredTaxesNonComputedMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DeferredTaxesNonComputedMember_lbl" xml:lang="en-US">Deferred taxes non computed [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EstimatedLossesReversalsToDeferredTaxesCreditsMember" xlink:label="sid_EstimatedLossesReversalsToDeferredTaxesCreditsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EstimatedLossesReversalsToDeferredTaxesCreditsMember" xlink:to="sid_EstimatedLossesReversalsToDeferredTaxesCreditsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EstimatedLossesReversalsToDeferredTaxesCreditsMember_lbl" xml:lang="en-US">Estimated (Losses)/reversals to deferred taxes credits [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BusinessCombinationMember" xlink:label="sid_BusinessCombinationMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BusinessCombinationMember" xlink:to="sid_BusinessCombinationMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BusinessCombinationMember_lbl" xml:lang="en-US">Business Combination [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsolidationCBSIMember" xlink:label="sid_ConsolidationCBSIMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConsolidationCBSIMember" xlink:to="sid_ConsolidationCBSIMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ConsolidationCBSIMember_lbl" xml:lang="en-US">Consolidation CBSI [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersMember" xlink:label="sid_OthersMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersMember" xlink:to="sid_OthersMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OthersMember_lbl" xml:lang="en-US">Others [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanTwoYearMember" xlink:label="sid_LaterThanTwoYearMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaterThanTwoYearMember" xlink:to="sid_LaterThanTwoYearMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LaterThanTwoYearMember_lbl" xml:lang="en-US">2022[member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanThreeYearMember" xlink:label="sid_LaterThanThreeYearMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaterThanThreeYearMember" xlink:to="sid_LaterThanThreeYearMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LaterThanThreeYearMember_lbl" xml:lang="en-US">2023[member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanFourYearMember" xlink:label="sid_LaterThanFourYearMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaterThanFourYearMember" xlink:to="sid_LaterThanFourYearMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LaterThanFourYearMember_lbl" xml:lang="en-US">2024[member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanFiveYearMember" xlink:label="sid_LaterThanFiveYearMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaterThanFiveYearMember" xlink:to="sid_LaterThanFiveYearMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LaterThanFiveYearMember_lbl" xml:lang="en-US">2025[member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxLossesMember" xlink:label="sid_TaxLossesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxLossesMember" xlink:to="sid_TaxLossesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TaxLossesMember_lbl" xml:lang="en-US">Tax losses [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeDifferenceExpensesMember" xlink:label="sid_ExchangeDifferenceExpensesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeDifferenceExpensesMember" xlink:to="sid_ExchangeDifferenceExpensesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExchangeDifferenceExpensesMember_lbl" xml:lang="en-US">Foreign exchange differences [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LossesOnUsiminasSharesMember" xlink:label="sid_LossesOnUsiminasSharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LossesOnUsiminasSharesMember" xlink:to="sid_LossesOnUsiminasSharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LossesOnUsiminasSharesMember_lbl" xml:lang="en-US">Losses on Usiminas shares [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherProvisionsMember" xlink:label="ifrs-full_OtherProvisionsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherProvisionsMember" xlink:to="ifrs-full_OtherProvisionsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherProvisionsMember_lbl" xml:lang="en-US">Other provisions [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FederalRefisLaw1Member" xlink:label="sid_FederalRefisLaw1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FederalRefisLaw1Member" xlink:to="sid_FederalRefisLaw1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FederalRefisLaw1Member_lbl" xml:lang="en-US">Federal REFIS law 11.941/09 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FederalRefisLaw2Member" xlink:label="sid_FederalRefisLaw2Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FederalRefisLaw2Member" xlink:to="sid_FederalRefisLaw2Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FederalRefisLaw2Member_lbl" xml:lang="en-US">Federal REFIS law 12.865/13 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherTaxesInInstallmentsMember" xlink:label="sid_OtherTaxesInInstallmentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherTaxesInInstallmentsMember" xlink:to="sid_OtherTaxesInInstallmentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherTaxesInInstallmentsMember_lbl" xml:lang="en-US">Other taxes in installments [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxMember" xlink:label="sid_TaxMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxMember" xlink:to="sid_TaxMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TaxMember_lbl" xml:lang="en-US">Tax [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SocialSecurityMember" xlink:label="sid_SocialSecurityMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SocialSecurityMember" xlink:to="sid_SocialSecurityMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SocialSecurityMember_lbl" xml:lang="en-US">Social security [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaborMember" xlink:label="sid_LaborMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaborMember" xlink:to="sid_LaborMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LaborMember_lbl" xml:lang="en-US">Labor [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CivilMember" xlink:label="sid_CivilMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CivilMember" xlink:to="sid_CivilMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CivilMember_lbl" xml:lang="en-US">Civil [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EnvironmentalMember" xlink:label="sid_EnvironmentalMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EnvironmentalMember" xlink:to="sid_EnvironmentalMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EnvironmentalMember_lbl" xml:lang="en-US">Environmental [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DepositOfAGuaranteeMember" xlink:label="sid_DepositOfAGuaranteeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DepositOfAGuaranteeMember" xlink:to="sid_DepositOfAGuaranteeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DepositOfAGuaranteeMember_lbl" xml:lang="en-US">Deposit of a guarantee [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfProvisionsAxis" xlink:label="ifrs-full_ClassesOfProvisionsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfProvisionsAxis" xlink:to="ifrs-full_ClassesOfProvisionsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfProvisionsAxis_lbl" xml:lang="en-US">Classes of other provisions [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter1Member" xlink:label="sid_MainLegalMatter1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter1Member" xlink:to="sid_MainLegalMatter1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter1Member_lbl" xml:lang="en-US">Assessment notice and imposition of fine (AIIM) / tax enforcement - income tax and social contribution - capital gain on sale of NAMISA's shares [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter2Member" xlink:label="sid_MainLegalMatter2Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter2Member" xlink:to="sid_MainLegalMatter2Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter2Member_lbl" xml:lang="en-US">Assessment notice and imposition of fine (AIIM) - income tax and social contribution - disallowance of deductions of goodwill generated in the reverse incorporation of big jump by NAMISA [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter3Member" xlink:label="sid_MainLegalMatter3Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter3Member" xlink:to="sid_MainLegalMatter3Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter3Member_lbl" xml:lang="en-US">Assessment notice and imposition of fine (AIIM) / tax enforcement - income tax and social contribution - disallowance of interest on prepayment arising from supply contracts of iron ore and port services [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter4Member" xlink:label="sid_MainLegalMatter4Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter4Member" xlink:to="sid_MainLegalMatter4Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter4Member_lbl" xml:lang="en-US">Assessment notice and imposition of fine (AIIM) - income tax and social contribution due to profits from foreign subsidiaries for years 2008, 2010, 2011, 2012 and 2014 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter5Member" xlink:label="sid_MainLegalMatter5Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter5Member" xlink:to="sid_MainLegalMatter5Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter5Member_lbl" xml:lang="en-US">Tax foreclosures - ICMS - electricity credits [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter7Member" xlink:label="sid_MainLegalMatter7Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter7Member" xlink:to="sid_MainLegalMatter7Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter7Member_lbl" xml:lang="en-US">Offset of taxes that were not approved by the federal revenue service - IRPJ/CSLL, PIS/COFINS and IPI [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter8Member" xlink:label="sid_MainLegalMatter8Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter8Member" xlink:to="sid_MainLegalMatter8Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter8Member_lbl" xml:lang="en-US">Disallowance of the ICMS credits - transfer of iron ore [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter10Member" xlink:label="sid_MainLegalMatter10Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter10Member" xlink:to="sid_MainLegalMatter10Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter10Member_lbl" xml:lang="en-US">ICMS - refers to the transfer of imported raw material at an amount lower than the price disclosed in the import documentation [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter11Member" xlink:label="sid_MainLegalMatter11Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter11Member" xlink:to="sid_MainLegalMatter11Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter11Member_lbl" xml:lang="en-US">Disallowance of the tax loss and negative basis of social contribution arising from the adjustments in the SAPLI [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter13Member" xlink:label="sid_MainLegalMatter13Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter13Member" xlink:to="sid_MainLegalMatter13Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter13Member_lbl" xml:lang="en-US">Assessment notice- IRRF- capital gain of CFM vendors located abroad [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter14Member" xlink:label="sid_MainLegalMatter14Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter14Member" xlink:to="sid_MainLegalMatter14Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter14Member_lbl" xml:lang="en-US">CFEM - difference of understanding between CSN and DNPM on the calculation basis [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter15Member" xlink:label="sid_MainLegalMatter15Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter15Member" xlink:to="sid_MainLegalMatter15Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter15Member_lbl" xml:lang="en-US">Assessment notice- ICMS- questions about sales for incentive area [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter21Member" xlink:label="sid_MainLegalMatter21Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter21Member" xlink:to="sid_MainLegalMatter21Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter21Member_lbl" xml:lang="en-US">Other tax lawsuits (federal, state, and municipal) [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter16Member" xlink:label="sid_MainLegalMatter16Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter16Member" xlink:to="sid_MainLegalMatter16Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter16Member_lbl" xml:lang="en-US">Social security lawsuits [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter25Member" xlink:label="sid_MainLegalMatter25Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter25Member" xlink:to="sid_MainLegalMatter25Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter25Member_lbl" xml:lang="en-US">Action to discuss the balance of the construction contract - tebas [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter26Member" xlink:label="sid_MainLegalMatter26Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter26Member" xlink:to="sid_MainLegalMatter26Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter26Member_lbl" xml:lang="en-US">Action related to power supply payment's charge - light [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter27Member" xlink:label="sid_MainLegalMatter27Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter27Member" xlink:to="sid_MainLegalMatter27Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter27Member_lbl" xml:lang="en-US">Indemnity action due to the supply contract termination - Indumill [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter17Member" xlink:label="sid_MainLegalMatter17Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter17Member" xlink:to="sid_MainLegalMatter17Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter17Member_lbl" xml:lang="en-US">Enforcement action applied by brazilian antitrust authorities (CADE) [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter18Member" xlink:label="sid_MainLegalMatter18Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter18Member" xlink:to="sid_MainLegalMatter18Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter18Member_lbl" xml:lang="en-US">Other civil lawsuits [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter19Member" xlink:label="sid_MainLegalMatter19Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter19Member" xlink:to="sid_MainLegalMatter19Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter19Member_lbl" xml:lang="en-US">Labor and social security lawsuits [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter30Member" xlink:label="sid_MainLegalMatter30Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter30Member" xlink:to="sid_MainLegalMatter30Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter30Member_lbl" xml:lang="en-US">Assessment notice and imposition of fine (AIIM) - charge of IRRF-RFB - business combination (year 2015) between namisa, congonhas minerios (current CSN mineracao) and consortium [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter32Member" xlink:label="sid_MainLegalMatter32Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter32Member" xlink:to="sid_MainLegalMatter32Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter32Member_lbl" xml:lang="en-US">Assessment notice and imposition of fine (AIIM) - RFB - disallowance of credits PIS/COFINS of inputs and freight [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter20Member" xlink:label="sid_MainLegalMatter20Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter20Member" xlink:to="sid_MainLegalMatter20Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter20Member_lbl" xml:lang="en-US">Other environmental lawsuits [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter28Member" xlink:label="sid_MainLegalMatter28Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter28Member" xlink:to="sid_MainLegalMatter28Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter28Member_lbl" xml:lang="en-US">Civil public action - districts / school / nursery relocation-CdP dam [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter23Member" xlink:label="sid_MainLegalMatter23Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter23Member" xlink:to="sid_MainLegalMatter23Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter23Member_lbl" xml:lang="en-US">Tax foreclosures - fine - volta redonda iv [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter29Member" xlink:label="sid_MainLegalMatter29Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter29Member" xlink:to="sid_MainLegalMatter29Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter29Member_lbl" xml:lang="en-US">ACP landfill marcia [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter31Member" xlink:label="sid_MainLegalMatter31Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter31Member" xlink:to="sid_MainLegalMatter31Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MainLegalMatter31Member_lbl" xml:lang="en-US">Assessment notice and imposition of fine (AIIM) - SEFAZ/RJ - ICMS on purchases of intermediate products [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_INEAMember" xlink:label="sid_INEAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_INEAMember" xlink:to="sid_INEAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_INEAMember_lbl" xml:lang="en-US">INEA [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LegalEntityAxis" xlink:label="dei_LegalEntityAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LegalEntityAxis" xlink:to="dei_LegalEntityAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LegalEntityAxis_lbl" xml:lang="en-US">Legal Entity [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MunicipalityOfVoltaRedondaMember" xlink:label="sid_MunicipalityOfVoltaRedondaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MunicipalityOfVoltaRedondaMember" xlink:to="sid_MunicipalityOfVoltaRedondaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MunicipalityOfVoltaRedondaMember_lbl" xml:lang="en-US">Municipality of volta redonda [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EnvironmentalLiabilitiesMember" xlink:label="sid_EnvironmentalLiabilitiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EnvironmentalLiabilitiesMember" xlink:to="sid_EnvironmentalLiabilitiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EnvironmentalLiabilitiesMember_lbl" xml:lang="en-US">Environmental liabilities [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AssetRetirementObligationsMember" xlink:label="sid_AssetRetirementObligationsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AssetRetirementObligationsMember" xlink:to="sid_AssetRetirementObligationsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AssetRetirementObligationsMember_lbl" xml:lang="en-US">Asset retirement obligations [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherNonCurrentAssetMember" xlink:label="sid_OtherNonCurrentAssetMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherNonCurrentAssetMember" xlink:to="sid_OtherNonCurrentAssetMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherNonCurrentAssetMember_lbl" xml:lang="en-US">Other non-current assets [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_JointVenturesEJointOperationMember" xlink:label="sid_JointVenturesEJointOperationMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_JointVenturesEJointOperationMember" xlink:to="sid_JointVenturesEJointOperationMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_JointVenturesEJointOperationMember_lbl" xml:lang="en-US">Joint-ventures e joint operation [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LoanMember" xlink:label="sid_LoanMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LoanMember" xlink:to="sid_LoanMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LoanMember_lbl" xml:lang="en-US">Loans [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember" xlink:label="sid_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember" xlink:to="sid_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember_lbl" xml:lang="en-US">Subsidiaries and associates [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherRelatedPartiesMember" xlink:label="ifrs-full_OtherRelatedPartiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherRelatedPartiesMember" xlink:to="ifrs-full_OtherRelatedPartiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherRelatedPartiesMember_lbl" xml:lang="en-US">Other related parties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherCurrentAssetMember" xlink:label="sid_OtherCurrentAssetMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherCurrentAssetMember" xlink:to="sid_OtherCurrentAssetMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherCurrentAssetMember_lbl" xml:lang="en-US">Other current assets [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssetMember" xlink:label="sid_ActuarialAssetMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialAssetMember" xlink:to="sid_ActuarialAssetMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ActuarialAssetMember_lbl" xml:lang="en-US">Actuarial asset [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IntercompanyLoansMember" xlink:label="sid_IntercompanyLoansMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IntercompanyLoansMember" xlink:to="sid_IntercompanyLoansMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IntercompanyLoansMember_lbl" xml:lang="en-US">Intercompany loans [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherAccountsPayableMember" xlink:label="sid_OtherAccountsPayableMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherAccountsPayableMember" xlink:to="sid_OtherAccountsPayableMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherAccountsPayableMember_lbl" xml:lang="en-US">Accounts payable [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherProvisionForConsumptionAndServicesMember" xlink:label="sid_OtherProvisionForConsumptionAndServicesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherProvisionForConsumptionAndServicesMember" xlink:to="sid_OtherProvisionForConsumptionAndServicesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherProvisionForConsumptionAndServicesMember_lbl" xml:lang="en-US">Other Provision for Consumption and Services [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialLiabilitiesMember" xlink:label="sid_ActuarialLiabilitiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialLiabilitiesMember" xlink:to="sid_ActuarialLiabilitiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ActuarialLiabilitiesMember_lbl" xml:lang="en-US">Actuarial liability [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_JointVenturesJointOperationMember" xlink:label="sid_JointVenturesJointOperationMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_JointVenturesJointOperationMember" xlink:to="sid_JointVenturesJointOperationMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_JointVenturesJointOperationMember_lbl" xml:lang="en-US">Joint-ventures e joint operation [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SubsidiariesAndAssociateMember" xlink:label="sid_SubsidiariesAndAssociateMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SubsidiariesAndAssociateMember" xlink:to="sid_SubsidiariesAndAssociateMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_SubsidiariesAndAssociateMember_lbl" xml:lang="en-US">Subsidiaries and associates [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" xlink:label="ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" xlink:to="ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis_lbl" xml:lang="en-US">Continuing involvement in derecognised financial assets by type of instrument [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GuaranteesMember" xlink:label="ifrs-full_GuaranteesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GuaranteesMember" xlink:to="ifrs-full_GuaranteesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GuaranteesMember_lbl" xml:lang="en-US">Guarantees [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_JointOperationsAxis" xlink:label="ifrs-full_JointOperationsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_JointOperationsAxis" xlink:to="ifrs-full_JointOperationsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_JointOperationsAxis_lbl" xml:lang="en-US">Joint operations [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransnordestinaLogisticaSAMember" xlink:label="sid_TransnordestinaLogisticaSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TransnordestinaLogisticaSAMember" xlink:to="sid_TransnordestinaLogisticaSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TransnordestinaLogisticaSAMember_lbl" xml:lang="en-US">Transnordestina logistica s.a [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FTLFerroviaTransnordestinaMember" xlink:label="sid_FTLFerroviaTransnordestinaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FTLFerroviaTransnordestinaMember" xlink:to="sid_FTLFerroviaTransnordestinaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FTLFerroviaTransnordestinaMember_lbl" xml:lang="en-US">FTL - ferrovia transnordestina [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CiaMetalurgicaPradaMember" xlink:label="sid_CiaMetalurgicaPradaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CiaMetalurgicaPradaMember" xlink:to="sid_CiaMetalurgicaPradaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CiaMetalurgicaPradaMember_lbl" xml:lang="en-US">Cia metalurgica prada [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNEnergiaMember" xlink:label="sid_CSNEnergiaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNEnergiaMember" xlink:to="sid_CSNEnergiaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNEnergiaMember_lbl" xml:lang="en-US">CSN energia [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EstanhoDeRondoniaMember" xlink:label="sid_EstanhoDeRondoniaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EstanhoDeRondoniaMember" xlink:to="sid_EstanhoDeRondoniaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EstanhoDeRondoniaMember_lbl" xml:lang="en-US">Estanho de rondonia [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MineriosNacionalSAMember" xlink:label="sid_MineriosNacionalSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MineriosNacionalSAMember" xlink:to="sid_MineriosNacionalSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MineriosNacionalSAMember_lbl" xml:lang="en-US">Minerios nacional s.a. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNIslandsXIIMember" xlink:label="sid_CSNIslandsXIIMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNIslandsXIIMember" xlink:to="sid_CSNIslandsXIIMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNIslandsXIIMember_lbl" xml:lang="en-US">CSN islands XII [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNResourcesMember" xlink:label="sid_CSNResourcesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNResourcesMember" xlink:to="sid_CSNResourcesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNResourcesMember_lbl" xml:lang="en-US">CSN resources [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNSteelSLMember" xlink:label="sid_CSNSteelSLMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNSteelSLMember" xlink:to="sid_CSNSteelSLMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNSteelSLMember_lbl" xml:lang="en-US">CSN steel s.l. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNInovaVenturesMember" xlink:label="sid_CSNInovaVenturesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNInovaVenturesMember" xlink:to="sid_CSNInovaVenturesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNInovaVenturesMember_lbl" xml:lang="en-US">CSN inova ventures [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VicunhaSiderurgiaSAMember" xlink:label="sid_VicunhaSiderurgiaSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VicunhaSiderurgiaSAMember" xlink:to="sid_VicunhaSiderurgiaSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_VicunhaSiderurgiaSAMember_lbl" xml:lang="en-US">Vicunha siderurgia s.a. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RioIacoParticipacoesSAMember" xlink:label="sid_RioIacoParticipacoesSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RioIacoParticipacoesSAMember" xlink:to="sid_RioIacoParticipacoesSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RioIacoParticipacoesSAMember_lbl" xml:lang="en-US">Rio laco participacoes s.a [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CategoriesOfOtherRelatedPartiesAxis" xlink:label="sid_CategoriesOfOtherRelatedPartiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CategoriesOfOtherRelatedPartiesAxis" xlink:to="sid_CategoriesOfOtherRelatedPartiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CategoriesOfOtherRelatedPartiesAxis_lbl" xml:lang="en-US">Categories Of Other Related Parties [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VicunhaAcosSAMember" xlink:label="sid_VicunhaAcosSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VicunhaAcosSAMember" xlink:to="sid_VicunhaAcosSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_VicunhaAcosSAMember_lbl" xml:lang="en-US">Vicunha acos s.a [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VicunhaSteelSAMember" xlink:label="sid_VicunhaSteelSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VicunhaSteelSAMember" xlink:to="sid_VicunhaSteelSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_VicunhaSteelSAMember_lbl" xml:lang="en-US">Vicunha steel s.a. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CFLParticipacoesSAMember" xlink:label="sid_CFLParticipacoesSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CFLParticipacoesSAMember" xlink:to="sid_CFLParticipacoesSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CFLParticipacoesSAMember_lbl" xml:lang="en-US">CFL participacoes s.a [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VicunhaSteelSA1Member" xlink:label="sid_VicunhaSteelSA1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VicunhaSteelSA1Member" xlink:to="sid_VicunhaSteelSA1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_VicunhaSteelSA1Member_lbl" xml:lang="en-US">Vicunha steel s.a. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RioPurusParticipacoesSAMember" xlink:label="sid_RioPurusParticipacoesSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RioPurusParticipacoesSAMember" xlink:to="sid_RioPurusParticipacoesSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RioPurusParticipacoesSAMember_lbl" xml:lang="en-US">Rio purus participacoes s.a. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSLogisticaMember" xlink:label="sid_MRSLogisticaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MRSLogisticaMember" xlink:to="sid_MRSLogisticaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MRSLogisticaMember_lbl" xml:lang="en-US">MRS logistica [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RioLacoParticipacoesSAMember" xlink:label="sid_RioLacoParticipacoesSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RioLacoParticipacoesSAMember" xlink:to="sid_RioLacoParticipacoesSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RioLacoParticipacoesSAMember_lbl" xml:lang="en-US">Rio laco participacoes s.a. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NyseAdrsMember" xlink:label="sid_NyseAdrsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NyseAdrsMember" xlink:to="sid_NyseAdrsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NyseAdrsMember_lbl" xml:lang="en-US">NYSE (ADRs) [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOneMember" xlink:label="sid_OtherOneMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherOneMember" xlink:to="sid_OtherOneMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherOneMember_lbl" xml:lang="en-US">Other shareholders [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComponentsOfEquityAxis" xlink:label="ifrs-full_ComponentsOfEquityAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComponentsOfEquityAxis" xlink:to="ifrs-full_ComponentsOfEquityAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComponentsOfEquityAxis_lbl" xml:lang="en-US">Components of equity [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_USIM3Member" xlink:label="sid_USIM3Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_USIM3Member" xlink:to="sid_USIM3Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_USIM3Member_lbl" xml:lang="en-US">Outstanding shares [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TreasurySharesMember" xlink:label="ifrs-full_TreasurySharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TreasurySharesMember" xlink:to="ifrs-full_TreasurySharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TreasurySharesMember_lbl" xml:lang="en-US">Treasury shares [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BuybackProgram9Number2Member" xlink:label="sid_BuybackProgram9Number2Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BuybackProgram9Number2Member" xlink:to="sid_BuybackProgram9Number2Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BuybackProgram9Number2Member_lbl" xml:lang="en-US">Buyback program [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_WeightedAverageMember" xlink:label="ifrs-full_WeightedAverageMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageMember" xlink:to="ifrs-full_WeightedAverageMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageMember_lbl" xml:lang="en-US">Average [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EventAfterReportingPeriodMember" xlink:label="sid_EventAfterReportingPeriodMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EventAfterReportingPeriodMember" xlink:to="sid_EventAfterReportingPeriodMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EventAfterReportingPeriodMember_lbl" xml:lang="en-US">Event after reporting period [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMineracaoSAMember" xlink:label="sid_CSNMineracaoSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNMineracaoSAMember" xlink:to="sid_CSNMineracaoSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNMineracaoSAMember_lbl" xml:lang="en-US">CSN Mineracao SA [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SubsidiarySalesOfStockAxis" xlink:label="sid_SubsidiarySalesOfStockAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SubsidiarySalesOfStockAxis" xlink:to="sid_SubsidiarySalesOfStockAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SubsidiarySalesOfStockAxis_lbl" xml:lang="en-US">Sales of Stock [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PrimaryDistributionMember" xlink:label="sid_PrimaryDistributionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PrimaryDistributionMember" xlink:to="sid_PrimaryDistributionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PrimaryDistributionMember_lbl" xml:lang="en-US">Primary Distribution [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SecondaryDistributionMember" xlink:label="sid_SecondaryDistributionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SecondaryDistributionMember" xlink:to="sid_SecondaryDistributionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SecondaryDistributionMember_lbl" xml:lang="en-US">Secondary Distribution [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DomesticMarketMember" xlink:label="sid_DomesticMarketMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DomesticMarketMember" xlink:to="sid_DomesticMarketMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DomesticMarketMember_lbl" xml:lang="en-US">Domestic market [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ForeignMarketMember" xlink:label="sid_ForeignMarketMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ForeignMarketMember" xlink:to="sid_ForeignMarketMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ForeignMarketMember_lbl" xml:lang="en-US">Foreign market [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpensesByNatureAxis" xlink:label="sid_ExpensesByNatureAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpensesByNatureAxis" xlink:to="sid_ExpensesByNatureAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExpensesByNatureAxis_lbl" xml:lang="en-US">Expense by nature [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RawMaterialsAndInputsMember" xlink:label="sid_RawMaterialsAndInputsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RawMaterialsAndInputsMember" xlink:to="sid_RawMaterialsAndInputsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RawMaterialsAndInputsMember_lbl" xml:lang="en-US">Raw materials and inputs [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaborCostMember" xlink:label="sid_LaborCostMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaborCostMember" xlink:to="sid_LaborCostMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LaborCostMember_lbl" xml:lang="en-US">Labor cost [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SuppliesMember" xlink:label="sid_SuppliesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SuppliesMember" xlink:to="sid_SuppliesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SuppliesMember_lbl" xml:lang="en-US">Supplies [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MaintenanceCostServicesAndMaterialsMember" xlink:label="sid_MaintenanceCostServicesAndMaterialsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MaintenanceCostServicesAndMaterialsMember" xlink:to="sid_MaintenanceCostServicesAndMaterialsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MaintenanceCostServicesAndMaterialsMember_lbl" xml:lang="en-US">Maintenance cost Services and materials [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OutsourcingServicesMember" xlink:label="sid_OutsourcingServicesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OutsourcingServicesMember" xlink:to="sid_OutsourcingServicesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OutsourcingServicesMember_lbl" xml:lang="en-US">Outsourcing services [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FreightsMember" xlink:label="sid_FreightsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FreightsMember" xlink:to="sid_FreightsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FreightsMember_lbl" xml:lang="en-US">Freights [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DistributionFreightsMember" xlink:label="sid_DistributionFreightsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DistributionFreightsMember" xlink:to="sid_DistributionFreightsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DistributionFreightsMember_lbl" xml:lang="en-US">Distribution freights [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DepreciationAmortizationAndDepletionMember" xlink:label="sid_DepreciationAmortizationAndDepletionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DepreciationAmortizationAndDepletionMember" xlink:to="sid_DepreciationAmortizationAndDepletionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DepreciationAmortizationAndDepletionMember_lbl" xml:lang="en-US">Depreciation amortization and depletion [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersOneMember" xlink:label="sid_OthersOneMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersOneMember" xlink:to="sid_OthersOneMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_OthersOneMember_lbl" xml:lang="en-US">Others [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureAxis" xlink:label="sid_ExpenseByNatureAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpenseByNatureAxis" xlink:to="sid_ExpenseByNatureAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ExpenseByNatureAxis_lbl" xml:lang="en-US">Expense by nature [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProductsAndServicesAxis" xlink:label="ifrs-full_ProductsAndServicesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProductsAndServicesAxis" xlink:to="ifrs-full_ProductsAndServicesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProductsAndServicesAxis_lbl" xml:lang="en-US">Products and services [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IronOreMember" xlink:label="sid_IronOreMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IronOreMember" xlink:to="sid_IronOreMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IronOreMember_lbl" xml:lang="en-US">Iron ore [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsAxis" xlink:label="ifrs-full_TypesOfContractsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfContractsAxis" xlink:to="ifrs-full_TypesOfContractsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfContractsAxis_lbl" xml:lang="en-US">Types of contracts [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseAgreementMember" xlink:label="sid_LeaseAgreementMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseAgreementMember" xlink:to="sid_LeaseAgreementMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LeaseAgreementMember_lbl" xml:lang="en-US">Lease agreements [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LogisticsMember" xlink:label="sid_LogisticsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LogisticsMember" xlink:to="sid_LogisticsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LogisticsMember_lbl" xml:lang="en-US">Logistics [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Subsegments1Axis" xlink:label="sid_Subsegments1Axis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Subsegments1Axis" xlink:to="sid_Subsegments1Axis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_Subsegments1Axis_lbl" xml:lang="en-US">Subsegments 1 [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PortMember" xlink:label="sid_PortMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PortMember" xlink:to="sid_PortMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PortMember_lbl" xml:lang="en-US">Port [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RailroadsMember" xlink:label="sid_RailroadsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RailroadsMember" xlink:to="sid_RailroadsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RailroadsMember_lbl" xml:lang="en-US">Railroads [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EnergyMember" xlink:label="sid_EnergyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EnergyMember" xlink:to="sid_EnergyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EnergyMember_lbl" xml:lang="en-US">Energy [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EliminationOfIntersegmentAmountsMember" xlink:label="ifrs-full_EliminationOfIntersegmentAmountsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EliminationOfIntersegmentAmountsMember" xlink:to="ifrs-full_EliminationOfIntersegmentAmountsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EliminationOfIntersegmentAmountsMember_lbl" xml:lang="en-US">Corporate expenses/elimination [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_AsiaMember" xlink:label="srt_AsiaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_AsiaMember" xlink:to="srt_AsiaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_AsiaMember_lbl" xml:lang="en-US">Asia [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_NorthAmericaMember" xlink:label="srt_NorthAmericaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_NorthAmericaMember" xlink:to="srt_NorthAmericaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_NorthAmericaMember_lbl" xml:lang="en-US">North America [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_LatinAmericaMember" xlink:label="srt_LatinAmericaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_LatinAmericaMember" xlink:to="srt_LatinAmericaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_LatinAmericaMember_lbl" xml:lang="en-US">Latin America [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_EuropeMember" xlink:label="srt_EuropeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_EuropeMember" xlink:to="srt_EuropeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="srt_EuropeMember_lbl" xml:lang="en-US">Euro [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:label="ifrs-full_SignificantInvestmentsInAssociatesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:to="ifrs-full_SignificantInvestmentsInAssociatesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SignificantInvestmentsInAssociatesAxis_lbl" xml:lang="en-US">Associates [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MineriosNacionalMember" xlink:label="sid_MineriosNacionalMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MineriosNacionalMember" xlink:to="sid_MineriosNacionalMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MineriosNacionalMember_lbl" xml:lang="en-US">Minerios Nacional [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="ifrs-full_DefinedBenefitPlansAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DefinedBenefitPlansAxis" xlink:to="ifrs-full_DefinedBenefitPlansAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DefinedBenefitPlansAxis_lbl" xml:lang="en-US">Defined benefit plans [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:label="ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:to="ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember_lbl" xml:lang="en-US">Benefits of Pension Plans [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PostEmploymentHealthcareBenefitsMember" xlink:label="sid_PostEmploymentHealthcareBenefitsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PostEmploymentHealthcareBenefitsMember" xlink:to="sid_PostEmploymentHealthcareBenefitsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PostEmploymentHealthcareBenefitsMember_lbl" xml:lang="en-US">Post-employment Healthcare Benefits [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember" xlink:label="sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember" xlink:to="sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_lbl" xml:lang="en-US">Plan covering 35% Of The Average Salary [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ParticipantsAxis" xlink:label="sid_ParticipantsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ParticipantsAxis" xlink:to="sid_ParticipantsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ParticipantsAxis_lbl" xml:lang="en-US">Participants [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MaleMember" xlink:label="sid_MaleMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MaleMember" xlink:to="sid_MaleMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MaleMember_lbl" xml:lang="en-US">Male [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FemaleMember" xlink:label="sid_FemaleMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FemaleMember" xlink:to="sid_FemaleMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FemaleMember_lbl" xml:lang="en-US">Female [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageSalarySupplementationPlanMember" xlink:label="sid_AverageSalarySupplementationPlanMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AverageSalarySupplementationPlanMember" xlink:to="sid_AverageSalarySupplementationPlanMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AverageSalarySupplementationPlanMember_lbl" xml:lang="en-US">Average Salary Supplementation Plan [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MixedSupplementaryBenefitPlanMember" xlink:label="sid_MixedSupplementaryBenefitPlanMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MixedSupplementaryBenefitPlanMember" xlink:to="sid_MixedSupplementaryBenefitPlanMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MixedSupplementaryBenefitPlanMember_lbl" xml:lang="en-US">Mixed Supplementary Benefit Plan [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis" xlink:label="sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis" xlink:to="sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis_lbl" xml:lang="en-US">Defined Benefit Plan By Plan Assets Categories [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariableIncomeMember" xlink:label="sid_VariableIncomeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VariableIncomeMember" xlink:to="sid_VariableIncomeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_VariableIncomeMember_lbl" xml:lang="en-US">Variable Income [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FixedIncomeMember" xlink:label="sid_FixedIncomeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FixedIncomeMember" xlink:to="sid_FixedIncomeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FixedIncomeMember_lbl" xml:lang="en-US">Fixed income [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RealEstatesMember" xlink:label="sid_RealEstatesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RealEstatesMember" xlink:to="sid_RealEstatesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RealEstatesMember_lbl" xml:lang="en-US">Real estate [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersPlanAssetsMember" xlink:label="sid_OthersPlanAssetsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersPlanAssetsMember" xlink:to="sid_OthersPlanAssetsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_OthersPlanAssetsMember_lbl" xml:lang="en-US">Others [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleActuarialAssumptionAxis" xlink:label="sid_PossibleActuarialAssumptionAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PossibleActuarialAssumptionAxis" xlink:to="sid_PossibleActuarialAssumptionAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PossibleActuarialAssumptionAxis_lbl" xml:lang="en-US">Possible Sctuarial Assumption axis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleIncreaseInActuarialAssumptionMember" xlink:label="sid_PossibleIncreaseInActuarialAssumptionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PossibleIncreaseInActuarialAssumptionMember" xlink:to="sid_PossibleIncreaseInActuarialAssumptionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PossibleIncreaseInActuarialAssumptionMember_lbl" xml:lang="en-US">Possible Increase [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionsAxis" xlink:label="ifrs-full_ActuarialAssumptionsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionsAxis" xlink:to="ifrs-full_ActuarialAssumptionsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionsAxis_lbl" xml:lang="en-US">Actuarial assumptions [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xlink:label="ifrs-full_ActuarialAssumptionOfDiscountRatesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xlink:to="ifrs-full_ActuarialAssumptionOfDiscountRatesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionOfDiscountRatesMember_lbl" xml:lang="en-US">Actuarial assumption of discount rates [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleDecreaseInActuarialAssumptionMember" xlink:label="sid_PossibleDecreaseInActuarialAssumptionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PossibleDecreaseInActuarialAssumptionMember" xlink:to="sid_PossibleDecreaseInActuarialAssumptionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PossibleDecreaseInActuarialAssumptionMember_lbl" xml:lang="en-US">Possible Decrease [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" xlink:to="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember_lbl" xml:lang="en-US">Actuarial assumption of expected rates of salary increases [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfMortalityRatesMember" xlink:label="ifrs-full_ActuarialAssumptionOfMortalityRatesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfMortalityRatesMember" xlink:to="ifrs-full_ActuarialAssumptionOfMortalityRatesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionOfMortalityRatesMember_lbl" xml:lang="en-US">Actuarial assumption of mortality rates [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" xlink:to="ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember_lbl" xml:lang="en-US">Actuarial assumption of expected rates of pension increases [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_HealthcarePlanMember" xlink:label="sid_HealthcarePlanMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_HealthcarePlanMember" xlink:to="sid_HealthcarePlanMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_HealthcarePlanMember_lbl" xml:lang="en-US">Healthcare plan [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssumptionOfMedicalInflationMember" xlink:label="sid_ActuarialAssumptionOfMedicalInflationMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialAssumptionOfMedicalInflationMember" xlink:to="sid_ActuarialAssumptionOfMedicalInflationMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ActuarialAssumptionOfMedicalInflationMember_lbl" xml:lang="en-US">Actuarial assumption of medical inflation [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssumptionOfMortalityTableMember" xlink:label="sid_ActuarialAssumptionOfMortalityTableMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialAssumptionOfMortalityTableMember" xlink:to="sid_ActuarialAssumptionOfMortalityTableMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ActuarialAssumptionOfMortalityTableMember_lbl" xml:lang="en-US">Actuarial assumption of mortality table [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember" xlink:label="sid_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember" xlink:to="sid_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember_lbl" xml:lang="en-US">Transportation of Iron Ore, Coal, Coke, Steel Products, Cement and Mining Products [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember" xlink:label="sid_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember" xlink:to="sid_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember_lbl" xml:lang="en-US">Supply of Power, Natural Gas, Oxygen, Nitrogen, Argon and Iron Ore Pellets [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember" xlink:label="sid_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember" xlink:to="sid_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember_lbl" xml:lang="en-US">Processing of slag generated during pig iron and steel production [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember" xlink:label="sid_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember" xlink:to="sid_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember_lbl" xml:lang="en-US">Manufacturing, Repair, Recovery and Production of Ingot Casting Machine Units [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OilStorageAndHandlingMember" xlink:label="sid_OilStorageAndHandlingMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OilStorageAndHandlingMember" xlink:to="sid_OilStorageAndHandlingMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OilStorageAndHandlingMember_lbl" xml:lang="en-US">Oil Storage and Handling [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaborAndConsultancyServicesMember" xlink:label="sid_LaborAndConsultancyServicesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaborAndConsultancyServicesMember" xlink:to="sid_LaborAndConsultancyServicesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LaborAndConsultancyServicesMember_lbl" xml:lang="en-US">Labor and Consultancy Services [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanFourYearsMember" xlink:label="sid_LaterThanFourYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaterThanFourYearsMember" xlink:to="sid_LaterThanFourYearsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LaterThanFourYearsMember_lbl" xml:lang="en-US">After 2023 [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNIslandsVIICorpMember" xlink:label="sid_CSNIslandsVIICorpMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNIslandsVIICorpMember" xlink:to="sid_CSNIslandsVIICorpMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNIslandsVIICorpMember_lbl" xml:lang="en-US">CSN Islands VII Corp. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNIslandsXIICorpMember" xlink:label="sid_CSNIslandsXIICorpMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNIslandsXIICorpMember" xlink:to="sid_CSNIslandsXIICorpMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNIslandsXIICorpMember_lbl" xml:lang="en-US">CSN Islands XII Corp. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNSteelSLUMember" xlink:label="sid_CSNSteelSLUMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNSteelSLUMember" xlink:to="sid_CSNSteelSLUMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNSteelSLUMember_lbl" xml:lang="en-US">CSN Steel S.L.U. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TdBBSAMember" xlink:label="sid_TdBBSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TdBBSAMember" xlink:to="sid_TdBBSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TdBBSAMember_lbl" xml:lang="en-US">TdBB S.A [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SepetibaTeconSAMember" xlink:label="sid_SepetibaTeconSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SepetibaTeconSAMember" xlink:to="sid_SepetibaTeconSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SepetibaTeconSAMember_lbl" xml:lang="en-US">Sepetiba Tecon S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompanhiaFlorestaldoBrasilMember" xlink:label="sid_CompanhiaFlorestaldoBrasilMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CompanhiaFlorestaldoBrasilMember" xlink:to="sid_CompanhiaFlorestaldoBrasilMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CompanhiaFlorestaldoBrasilMember_lbl" xml:lang="en-US">Companhia Florestal do Brasil [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EstanhoDeRondoniaSAMember" xlink:label="sid_EstanhoDeRondoniaSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EstanhoDeRondoniaSAMember" xlink:to="sid_EstanhoDeRondoniaSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EstanhoDeRondoniaSAMember_lbl" xml:lang="en-US">Estanho de Rondonia S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompanhiaMetalurgicaPradaMember" xlink:label="sid_CompanhiaMetalurgicaPradaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CompanhiaMetalurgicaPradaMember" xlink:to="sid_CompanhiaMetalurgicaPradaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CompanhiaMetalurgicaPradaMember_lbl" xml:lang="en-US">Companhia Metalurgica Prada [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNEnergiaSAMember" xlink:label="sid_CSNEnergiaSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNEnergiaSAMember" xlink:to="sid_CSNEnergiaSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNEnergiaSAMember_lbl" xml:lang="en-US">CSN Energia S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FTLFerroviaTransnordestinaLogisticaSAMember" xlink:label="sid_FTLFerroviaTransnordestinaLogisticaSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FTLFerroviaTransnordestinaLogisticaSAMember" xlink:to="sid_FTLFerroviaTransnordestinaLogisticaSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FTLFerroviaTransnordestinaLogisticaSAMember_lbl" xml:lang="en-US">FTL - FERROVIA TRANSNORDESTINA LOGISTICA SA ("FTL") [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NordesteLogisticaSAMember" xlink:label="sid_NordesteLogisticaSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NordesteLogisticaSAMember" xlink:to="sid_NordesteLogisticaSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NordesteLogisticaSAMember_lbl" xml:lang="en-US">Nordeste Logistica S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNInovaLtdMember" xlink:label="sid_CSNInovaLtdMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNInovaLtdMember" xlink:to="sid_CSNInovaLtdMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNInovaLtdMember_lbl" xml:lang="en-US">CSN Inova Ltd. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNEquipamentosSAMember" xlink:label="sid_CSNEquipamentosSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNEquipamentosSAMember" xlink:to="sid_CSNEquipamentosSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNEquipamentosSAMember_lbl" xml:lang="en-US">CSN Equipamentos S.A [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember" xlink:label="sid_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember" xlink:to="sid_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember_lbl" xml:lang="en-US">CBSI - Companhia Brasileira de Servicos de Infraestrutura [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNCimentosSAMember" xlink:label="sid_CSNCimentosSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNCimentosSAMember" xlink:to="sid_CSNCimentosSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNCimentosSAMember_lbl" xml:lang="en-US">CSN Cimentos S.A [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNCimentosSA1Member" xlink:label="sid_CSNCimentosSA1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNCimentosSA1Member" xlink:to="sid_CSNCimentosSA1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNCimentosSA1Member_lbl" xml:lang="en-US">CSN Cimentos S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ItaEnergeticaSAMember" xlink:label="sid_ItaEnergeticaSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ItaEnergeticaSAMember" xlink:to="sid_ItaEnergeticaSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ItaEnergeticaSAMember_lbl" xml:lang="en-US">Ita Energetica S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSLogisticaSAMember" xlink:label="sid_MRSLogisticaSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MRSLogisticaSAMember" xlink:to="sid_MRSLogisticaSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MRSLogisticaSAMember_lbl" xml:lang="en-US">MRS Logistica S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquimacSAMember" xlink:label="sid_EquimacSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EquimacSAMember" xlink:to="sid_EquimacSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EquimacSAMember_lbl" xml:lang="en-US">Equimac S.A [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ArvediMetalferDoBrasilSAMember" xlink:label="sid_ArvediMetalferDoBrasilSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ArvediMetalferDoBrasilSAMember" xlink:to="sid_ArvediMetalferDoBrasilSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ArvediMetalferDoBrasilSAMember_lbl" xml:lang="en-US">Arvedi Metalfer do Brasil S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LusosiderProjectosSiderurgicosSAMember" xlink:label="sid_LusosiderProjectosSiderurgicosSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LusosiderProjectosSiderurgicosSAMember" xlink:to="sid_LusosiderProjectosSiderurgicosSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LusosiderProjectosSiderurgicosSAMember_lbl" xml:lang="en-US">Lusosider Projectos Siderurgicos S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LusosiderAcosPlanosSAMember" xlink:label="sid_LusosiderAcosPlanosSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LusosiderAcosPlanosSAMember" xlink:to="sid_LusosiderAcosPlanosSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LusosiderAcosPlanosSAMember_lbl" xml:lang="en-US">Lusosider Acos Planos, S. A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNResourcesSAMember" xlink:label="sid_CSNResourcesSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNResourcesSAMember" xlink:to="sid_CSNResourcesSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNResourcesSAMember_lbl" xml:lang="en-US">CSN Resources S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompanhiaBrasileiraDeLatasMember" xlink:label="sid_CompanhiaBrasileiraDeLatasMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CompanhiaBrasileiraDeLatasMember" xlink:to="sid_CompanhiaBrasileiraDeLatasMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CompanhiaBrasileiraDeLatasMember_lbl" xml:lang="en-US">Companhia Brasileira de Latas [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompanhiaDeEmbalagensMetalicasMMSAMember" xlink:label="sid_CompanhiaDeEmbalagensMetalicasMMSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CompanhiaDeEmbalagensMetalicasMMSAMember" xlink:to="sid_CompanhiaDeEmbalagensMetalicasMMSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CompanhiaDeEmbalagensMetalicasMMSAMember_lbl" xml:lang="en-US">Companhia de Embalagens Metalicas MMSA [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompanhiaDeEmbalagensMetalicasMTMMember" xlink:label="sid_CompanhiaDeEmbalagensMetalicasMTMMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CompanhiaDeEmbalagensMetalicasMTMMember" xlink:to="sid_CompanhiaDeEmbalagensMetalicasMTMMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CompanhiaDeEmbalagensMetalicasMTMMember_lbl" xml:lang="en-US">Companhia de Embalagens Metalicas - MTM [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNSteelHoldings1SLUMember" xlink:label="sid_CSNSteelHoldings1SLUMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNSteelHoldings1SLUMember" xlink:to="sid_CSNSteelHoldings1SLUMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNSteelHoldings1SLUMember_lbl" xml:lang="en-US">CSN Steel Holdings 1, S.L.U. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNProductosSiderurgicosSLMember" xlink:label="sid_CSNProductosSiderurgicosSLMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNProductosSiderurgicosSLMember" xlink:to="sid_CSNProductosSiderurgicosSLMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNProductosSiderurgicosSLMember_lbl" xml:lang="en-US">CSN Productos Siderurgicos S.L. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_StalhwerkThuringenGmbHMember" xlink:label="sid_StalhwerkThuringenGmbHMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_StalhwerkThuringenGmbHMember" xlink:to="sid_StalhwerkThuringenGmbHMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_StalhwerkThuringenGmbHMember_lbl" xml:lang="en-US">Stalhwerk Thuringen GmbH [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNSteelSectionsUKLimitedMember" xlink:label="sid_CSNSteelSectionsUKLimitedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNSteelSectionsUKLimitedMember" xlink:to="sid_CSNSteelSectionsUKLimitedMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNSteelSectionsUKLimitedMember_lbl" xml:lang="en-US">CSN Steel Sections UK Limited [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNSteelSectionsPolskaSpZooMember" xlink:label="sid_CSNSteelSectionsPolskaSpZooMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNSteelSectionsPolskaSpZooMember" xlink:to="sid_CSNSteelSectionsPolskaSpZooMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNSteelSectionsPolskaSpZooMember_lbl" xml:lang="en-US">CSN Steel Sections Polska Sp.Z.o.o [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMiningHoldingSLMember" xlink:label="sid_CSNMiningHoldingSLMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNMiningHoldingSLMember" xlink:to="sid_CSNMiningHoldingSLMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNMiningHoldingSLMember_lbl" xml:lang="en-US">CSN Mining Holding, S.L [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMiningGmbHMember" xlink:label="sid_CSNMiningGmbHMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNMiningGmbHMember" xlink:to="sid_CSNMiningGmbHMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNMiningGmbHMember_lbl" xml:lang="en-US">CSN Mining GmbH [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMiningAsiaLimitedMember" xlink:label="sid_CSNMiningAsiaLimitedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNMiningAsiaLimitedMember" xlink:to="sid_CSNMiningAsiaLimitedMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNMiningAsiaLimitedMember_lbl" xml:lang="en-US">CSN Mining Asia Limited [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LusosiderIbericaSAMember" xlink:label="sid_LusosiderIbericaSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LusosiderIbericaSAMember" xlink:to="sid_LusosiderIbericaSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LusosiderIbericaSAMember_lbl" xml:lang="en-US">Lusosider Iberica S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSMiningPortugalUnipessoalLdaMember" xlink:label="sid_CSMiningPortugalUnipessoalLdaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSMiningPortugalUnipessoalLdaMember" xlink:to="sid_CSMiningPortugalUnipessoalLdaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSMiningPortugalUnipessoalLdaMember_lbl" xml:lang="en-US">CSN Mining Portugal, Unipessoal Lda. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompanhiaSiderurgicaNacionalLLCMember" xlink:label="sid_CompanhiaSiderurgicaNacionalLLCMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CompanhiaSiderurgicaNacionalLLCMember" xlink:to="sid_CompanhiaSiderurgicaNacionalLLCMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CompanhiaSiderurgicaNacionalLLCMember_lbl" xml:lang="en-US">Companhia Siderurgica Nacional, LLC [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember" xlink:label="sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember" xlink:to="sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember_lbl" xml:lang="en-US">CONSORCIO DA USINA HIDRELETRICA DE IGARAPAVA [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AcerosDelOrinocoSAMember" xlink:label="sid_AcerosDelOrinocoSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AcerosDelOrinocoSAMember" xlink:to="sid_AcerosDelOrinocoSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AcerosDelOrinocoSAMember_lbl" xml:lang="en-US">Aceros Del Orinoco S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSLogisticaSA1Member" xlink:label="sid_MRSLogisticaSA1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MRSLogisticaSA1Member" xlink:to="sid_MRSLogisticaSA1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_MRSLogisticaSA1Member_lbl" xml:lang="en-US">MRS Logistica S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_UnconsolidatedStructuredEntitiesAxis" xlink:label="ifrs-full_UnconsolidatedStructuredEntitiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UnconsolidatedStructuredEntitiesAxis" xlink:to="ifrs-full_UnconsolidatedStructuredEntitiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UnconsolidatedStructuredEntitiesAxis_lbl" xml:lang="en-US">Unconsolidated structured entities [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember" xlink:label="sid_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember" xlink:to="sid_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember_lbl" xml:lang="en-US">Diplic II- Fundo de investimento multimercado credito privado [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember" xlink:label="sid_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember" xlink:to="sid_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember_lbl" xml:lang="en-US">Caixa Vertice - Fundo de investimento multimercado credito privado [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember" xlink:label="sid_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember" xlink:to="sid_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember_lbl" xml:lang="en-US">VR1 - Fundo de investimento multimercado credito privado [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueMRSLogisticaSAMember" xlink:label="sid_FairValueMRSLogisticaSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FairValueMRSLogisticaSAMember" xlink:to="sid_FairValueMRSLogisticaSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FairValueMRSLogisticaSAMember_lbl" xml:lang="en-US">Fair Value - MRS Logistica S.A. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember" xlink:label="sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember" xlink:to="sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember_lbl" xml:lang="en-US">CSBI - Companhia Brasileira de Servicos de Infraestrutura [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueTransnordestinaMember" xlink:label="sid_FairValueTransnordestinaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FairValueTransnordestinaMember" xlink:to="sid_FairValueTransnordestinaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FairValueTransnordestinaMember_lbl" xml:lang="en-US">Fair Value - Transnordestina [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_JointVentureAndJointOperationMember" xlink:label="sid_JointVentureAndJointOperationMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_JointVentureAndJointOperationMember" xlink:to="sid_JointVentureAndJointOperationMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_JointVentureAndJointOperationMember_lbl" xml:lang="en-US">Joint-venture and Joint-operation [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssociatesMember" xlink:label="ifrs-full_AssociatesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssociatesMember" xlink:to="ifrs-full_AssociatesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AssociatesMember_lbl" xml:lang="en-US">Associates [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:to="ifrs-full_CategoriesOfFinancialAssetsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis_lbl" xml:lang="en-US">Categories of financial assets [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PanatlanticaMember" xlink:label="sid_PanatlanticaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PanatlanticaMember" xlink:to="sid_PanatlanticaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PanatlanticaMember_lbl" xml:lang="en-US">Panatlantica [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ClassifiedAtFairValueThroughProfitOrLossMember" xlink:label="sid_ClassifiedAtFairValueThroughProfitOrLossMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ClassifiedAtFairValueThroughProfitOrLossMember" xlink:to="sid_ClassifiedAtFairValueThroughProfitOrLossMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ClassifiedAtFairValueThroughProfitOrLossMember_lbl" xml:lang="en-US">Classified at fair value through profit or loss [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherInvestmentMember" xlink:label="sid_OtherInvestmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherInvestmentMember" xlink:to="sid_OtherInvestmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_OtherInvestmentMember_lbl" xml:lang="en-US">Other [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalOtherInvestmentMember" xlink:label="sid_TotalOtherInvestmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalOtherInvestmentMember" xlink:to="sid_TotalOtherInvestmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TotalOtherInvestmentMember_lbl" xml:lang="en-US">Total Other Investment [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalInvestmentsInAffillatedCompaniesMember" xlink:label="sid_TotalInvestmentsInAffillatedCompaniesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalInvestmentsInAffillatedCompaniesMember" xlink:to="sid_TotalInvestmentsInAffillatedCompaniesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TotalInvestmentsInAffillatedCompaniesMember_lbl" xml:lang="en-US">Total investments in affillated companies [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InvestmentsPropertiesMember" xlink:label="sid_InvestmentsPropertiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InvestmentsPropertiesMember" xlink:to="sid_InvestmentsPropertiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_InvestmentsPropertiesMember_lbl" xml:lang="en-US">Investments properties [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalInvestmentsMember" xlink:label="sid_TotalInvestmentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalInvestmentsMember" xlink:to="sid_TotalInvestmentsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TotalInvestmentsMember_lbl" xml:lang="en-US">Total investments [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EliminationsMember" xlink:label="sid_EliminationsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EliminationsMember" xlink:to="sid_EliminationsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EliminationsMember_lbl" xml:lang="en-US">Eliminations [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalEquityInResultsOfaffillatedCompaniesMember" xlink:label="sid_TotalEquityInResultsOfaffillatedCompaniesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalEquityInResultsOfaffillatedCompaniesMember" xlink:to="sid_TotalEquityInResultsOfaffillatedCompaniesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TotalEquityInResultsOfaffillatedCompaniesMember_lbl" xml:lang="en-US">Total Equity in results of affillated companies [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ItaEnergeticaMember" xlink:label="sid_ItaEnergeticaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ItaEnergeticaMember" xlink:to="sid_ItaEnergeticaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ItaEnergeticaMember_lbl" xml:lang="en-US">Ita Energetica [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CBSIMember" xlink:label="sid_CBSIMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CBSIMember" xlink:to="sid_CBSIMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CBSIMember_lbl" xml:lang="en-US">CBSI [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfInvestmentPropertyAxis" xlink:label="ifrs-full_TypesOfInvestmentPropertyAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfInvestmentPropertyAxis" xlink:to="ifrs-full_TypesOfInvestmentPropertyAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TypesOfInvestmentPropertyAxis_lbl" xml:lang="en-US">Types of investment property [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MeasurementOfRecoverableValueAxis" xlink:label="sid_MeasurementOfRecoverableValueAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MeasurementOfRecoverableValueAxis" xlink:to="sid_MeasurementOfRecoverableValueAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MeasurementOfRecoverableValueAxis_lbl" xml:lang="en-US">Measurement of recoverable value [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowProjectionOneMember" xlink:label="sid_CashFlowProjectionOneMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowProjectionOneMember" xlink:to="sid_CashFlowProjectionOneMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashFlowProjectionOneMember_lbl" xml:lang="en-US">Cash Flow Projection One [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowProjectionTwoMember" xlink:label="sid_CashFlowProjectionTwoMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowProjectionTwoMember" xlink:to="sid_CashFlowProjectionTwoMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashFlowProjectionTwoMember_lbl" xml:lang="en-US">Cash Flow Projection Two [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowProjectionThreeMember" xlink:label="sid_CashFlowProjectionThreeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowProjectionThreeMember" xlink:to="sid_CashFlowProjectionThreeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashFlowProjectionThreeMember_lbl" xml:lang="en-US">Cash Flow Projection Three [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowProjectiFourMember" xlink:label="sid_CashFlowProjectiFourMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowProjectiFourMember" xlink:to="sid_CashFlowProjectiFourMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashFlowProjectiFourMember_lbl" xml:lang="en-US">Cash Flow Projection Four [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PaidInCapitalMember" xlink:label="sid_PaidInCapitalMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PaidInCapitalMember" xlink:to="sid_PaidInCapitalMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PaidInCapitalMember_lbl" xml:lang="en-US">Paid-in Capital [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CapitalReserveMember" xlink:label="ifrs-full_CapitalReserveMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CapitalReserveMember" xlink:to="ifrs-full_CapitalReserveMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CapitalReserveMember_lbl" xml:lang="en-US">Capital Reserve [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiscellaneousOtherReservesMember" xlink:label="ifrs-full_MiscellaneousOtherReservesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiscellaneousOtherReservesMember" xlink:to="ifrs-full_MiscellaneousOtherReservesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MiscellaneousOtherReservesMember_lbl" xml:lang="en-US">Earnings Reserve [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RetainedEarningsMember" xlink:label="ifrs-full_RetainedEarningsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RetainedEarningsMember" xlink:to="ifrs-full_RetainedEarningsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RetainedEarningsMember_lbl" xml:lang="en-US">Retained earnings/(accumulated losses) [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:label="ifrs-full_AccumulatedOtherComprehensiveIncomeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:to="ifrs-full_AccumulatedOtherComprehensiveIncomeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AccumulatedOtherComprehensiveIncomeMember_lbl" xml:lang="en-US">Other comprehensive income [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:label="ifrs-full_EquityAttributableToOwnersOfParentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:to="ifrs-full_EquityAttributableToOwnersOfParentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAttributableToOwnersOfParentMember_lbl" xml:lang="en-US">Shareholders' Equity [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncontrollingInterestsMember" xlink:label="ifrs-full_NoncontrollingInterestsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncontrollingInterestsMember" xlink:to="ifrs-full_NoncontrollingInterestsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncontrollingInterestsMember_lbl" xml:lang="en-US">Non-Controlling interests [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LegalEntityOneAxis" xlink:label="sid_LegalEntityOneAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LegalEntityOneAxis" xlink:to="sid_LegalEntityOneAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_LegalEntityOneAxis_lbl" xml:lang="en-US">Legal Entity [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FtlFerroviaTransnordestionaLogisticAsaMember" xlink:label="sid_FtlFerroviaTransnordestionaLogisticAsaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FtlFerroviaTransnordestionaLogisticAsaMember" xlink:to="sid_FtlFerroviaTransnordestionaLogisticAsaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_FtlFerroviaTransnordestionaLogisticAsaMember_lbl" xml:lang="en-US">FTL - FERROVIA TRANSNORDESTINA LOGISTICA SA ("FTL") [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSMember" xlink:label="sid_MRSMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MRSMember" xlink:to="sid_MRSMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MRSMember_lbl" xml:lang="en-US">MRS. [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember" xlink:label="sid_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember" xlink:to="sid_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember_lbl" xml:lang="en-US">COMPANHIA BRASILEIRA DE INFRASTRUCTURE SERVICES [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ENGIEBrasilEnergiaSAMember" xlink:label="sid_ENGIEBrasilEnergiaSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ENGIEBrasilEnergiaSAMember" xlink:to="sid_ENGIEBrasilEnergiaSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ENGIEBrasilEnergiaSAMember_lbl" xml:lang="en-US">ENGIE Brasil Energia S.A [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PANATLANTICASAMember" xlink:label="sid_PANATLANTICASAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PANATLANTICASAMember" xlink:to="sid_PANATLANTICASAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PANATLANTICASAMember_lbl" xml:lang="en-US">PANATLANTICA SA [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanMember" xlink:label="sid_DefinedBenefitPlanMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanMember" xlink:to="sid_DefinedBenefitPlanMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DefinedBenefitPlanMember_lbl" xml:lang="en-US">Defined benefit plan [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CommonSharesMember" xlink:label="sid_CommonSharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CommonSharesMember" xlink:to="sid_CommonSharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CommonSharesMember_lbl" xml:lang="en-US">Common shares [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PreferredSharesMember" xlink:label="sid_PreferredSharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PreferredSharesMember" xlink:to="sid_PreferredSharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PreferredSharesMember_lbl" xml:lang="en-US">Preferred shares [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ClassBPreferredSharesMember" xlink:label="sid_ClassBPreferredSharesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ClassBPreferredSharesMember" xlink:to="sid_ClassBPreferredSharesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ClassBPreferredSharesMember_lbl" xml:lang="en-US">Class B preferred shares [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransLogisticaSAMember" xlink:label="sid_TransLogisticaSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TransLogisticaSAMember" xlink:to="sid_TransLogisticaSAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_TransLogisticaSAMember_lbl" xml:lang="en-US">Transnordestina logistica s.a [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NationalCurrencyMember" xlink:label="sid_NationalCurrencyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NationalCurrencyMember" xlink:to="sid_NationalCurrencyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NationalCurrencyMember_lbl" xml:lang="en-US">National currency [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Derivatives1Member" xlink:label="sid_Derivatives1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Derivatives1Member" xlink:to="sid_Derivatives1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_Derivatives1Member_lbl" xml:lang="en-US">Derivative financial instruments [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InvestmentProperty1Member" xlink:label="sid_InvestmentProperty1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InvestmentProperty1Member" xlink:to="sid_InvestmentProperty1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_InvestmentProperty1Member_lbl" xml:lang="en-US">Investments [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NonDerivativeFinancialLiabilitiesMember" xlink:label="sid_NonDerivativeFinancialLiabilitiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NonDerivativeFinancialLiabilitiesMember" xlink:to="sid_NonDerivativeFinancialLiabilitiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NonDerivativeFinancialLiabilitiesMember_lbl" xml:lang="en-US">Non-derivative financial liabilities [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentContractsMember" xlink:label="sid_ExportPrepaymentContractsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentContractsMember" xlink:to="sid_ExportPrepaymentContractsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExportPrepaymentContractsMember_lbl" xml:lang="en-US">Export prepayment contracts [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NCEMember" xlink:label="sid_NCEMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NCEMember" xlink:to="sid_NCEMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NCEMember_lbl" xml:lang="en-US">NCEs [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:to="ifrs-full_ClassesOfFinancialInstrumentsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsAxis_lbl" xml:lang="en-US">Classes of financial instruments [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DebenturesMember" xlink:label="sid_DebenturesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DebenturesMember" xlink:to="sid_DebenturesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DebenturesMember_lbl" xml:lang="en-US">Debentures [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisaggregationOfInsuranceContractsAxis" xlink:label="ifrs-full_DisaggregationOfInsuranceContractsAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisaggregationOfInsuranceContractsAxis" xlink:to="ifrs-full_DisaggregationOfInsuranceContractsAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisaggregationOfInsuranceContractsAxis_lbl" xml:lang="en-US">Disaggregation of insurance contracts [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InsuranceContractsIssuedMember" xlink:label="ifrs-full_InsuranceContractsIssuedMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InsuranceContractsIssuedMember" xlink:to="ifrs-full_InsuranceContractsIssuedMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InsuranceContractsIssuedMember_lbl" xml:lang="en-US">Operational risk insurance policy [member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DerivativeFinancialInstrumentsMember" xlink:to="sid_DerivativeFinancialInstrumentsMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_DerivativeFinancialInstrumentsMember_2_lbl" xml:lang="en-US">Derivative Financial Instruments [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OperationalFacilitiesMember" xlink:label="sid_OperationalFacilitiesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OperationalFacilitiesMember" xlink:to="sid_OperationalFacilitiesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OperationalFacilitiesMember_lbl" xml:lang="en-US">Operational Facilities [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdministrativeMember" xlink:label="sid_AdministrativeMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdministrativeMember" xlink:to="sid_AdministrativeMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdministrativeMember_lbl" xml:lang="en-US">Administrative [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SalesOfficesMember" xlink:label="sid_SalesOfficesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SalesOfficesMember" xlink:to="sid_SalesOfficesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SalesOfficesMember_lbl" xml:lang="en-US">Sales Offices [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OperatingEquipmentMember" xlink:label="sid_OperatingEquipmentMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OperatingEquipmentMember" xlink:to="sid_OperatingEquipmentMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OperatingEquipmentMember_lbl" xml:lang="en-US">Operating Equipment [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssetsAndLiabilitiesAxis" xlink:label="ifrs-full_AssetsAndLiabilitiesAxis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssetsAndLiabilitiesAxis" xlink:to="ifrs-full_AssetsAndLiabilitiesAxis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AssetsAndLiabilitiesAxis_lbl" xml:lang="en-US">Assets and liabilities [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CurrentTradePayablesMember" xlink:label="sid_CurrentTradePayablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CurrentTradePayablesMember" xlink:to="sid_CurrentTradePayablesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CurrentTradePayablesMember_lbl" xml:lang="en-US">Current trade payables [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NonCurrentTradePayablesMember" xlink:label="sid_NonCurrentTradePayablesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NonCurrentTradePayablesMember" xlink:to="sid_NonCurrentTradePayablesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NonCurrentTradePayablesMember_lbl" xml:lang="en-US">Non current trade payables [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GainUponLossOfControlInTransnordestinaMember" xlink:label="sid_GainUponLossOfControlInTransnordestinaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GainUponLossOfControlInTransnordestinaMember" xlink:to="sid_GainUponLossOfControlInTransnordestinaMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_GainUponLossOfControlInTransnordestinaMember_lbl" xml:lang="en-US">Gain upon loss of control in Transnordestina [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MVRMember" xlink:label="sid_MVRMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MVRMember" xlink:to="sid_MVRMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MVRMember_lbl" xml:lang="en-US">MVR [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NewAgreementMember" xlink:label="sid_NewAgreementMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NewAgreementMember" xlink:to="sid_NewAgreementMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NewAgreementMember_lbl" xml:lang="en-US">New agreement [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransnordestinaLogisticaSA1Member" xlink:label="sid_TransnordestinaLogisticaSA1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TransnordestinaLogisticaSA1Member" xlink:to="sid_TransnordestinaLogisticaSA1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_TransnordestinaLogisticaSA1Member_lbl" xml:lang="en-US">Transnordestina logistica s.a [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquimacSA1Member" xlink:label="sid_EquimacSA1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EquimacSA1Member" xlink:to="sid_EquimacSA1Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_EquimacSA1Member_lbl" xml:lang="en-US">Equimac S.A [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CoverAbstract_lbl" xml:lang="en-US">Cover [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentType" xlink:label="dei_DocumentType" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US">Document Type</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US">Document Period End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US">Amendment Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AmendmentDescription" xlink:label="dei_AmendmentDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentDescription" xlink:to="dei_AmendmentDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentDescription_lbl" xml:lang="en-US">Amendment Description</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US">Current Fiscal Year End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US">Title of 12(g) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US">Entity Interactive Data Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity a Well-known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Entity a Voluntary Filer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Entity Reporting Status Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US">Entity Emerging Growth Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US">Entity Shell Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentAnnualReport" xlink:label="dei_DocumentAnnualReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAnnualReport" xlink:to="dei_DocumentAnnualReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAnnualReport_lbl" xml:lang="en-US">Document Annual Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_IcfrAuditorAttestationFlag" xlink:label="dei_IcfrAuditorAttestationFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_IcfrAuditorAttestationFlag" xlink:to="dei_IcfrAuditorAttestationFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_IcfrAuditorAttestationFlag_lbl" xml:lang="en-US">ICFR Auditor Attestation Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentShellCompanyReport" xlink:label="dei_DocumentShellCompanyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyReport" xlink:to="dei_DocumentShellCompanyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyReport_lbl" xml:lang="en-US">Document Shell Company Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentTransitionReport" xlink:label="dei_DocumentTransitionReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentTransitionReport" xlink:to="dei_DocumentTransitionReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentTransitionReport_lbl" xml:lang="en-US">Document Transition Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US">Entity Public Float</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US">Document Fiscal Period Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfFinancialPositionAbstract" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfFinancialPositionAbstract" xlink:to="ifrs-full_StatementOfFinancialPositionAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract_lbl" xml:lang="en-US">Statement of financial position [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssetsAbstract" xlink:label="ifrs-full_AssetsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssetsAbstract" xlink:to="ifrs-full_AssetsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AssetsAbstract_lbl" xml:lang="en-US">Assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAssetsAbstract" xlink:label="ifrs-full_CurrentAssetsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssetsAbstract" xlink:to="ifrs-full_CurrentAssetsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAssetsAbstract_lbl" xml:lang="en-US">CURRENT ASSETS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="ifrs-full_CashAndCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashAndCashEquivalents_lbl" xml:lang="en-US">Cash and cash equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentInvestments" xlink:label="ifrs-full_CurrentInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentInvestments" xlink:to="ifrs-full_CurrentInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentInvestments_lbl" xml:lang="en-US">Financial investments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherCurrentReceivables" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentReceivables" xlink:to="ifrs-full_TradeAndOtherCurrentReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherCurrentReceivables_lbl" xml:lang="en-US">Trade receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Inventories" xlink:label="ifrs-full_Inventories" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Inventories" xlink:to="ifrs-full_Inventories_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Inventories_lbl" xml:lang="en-US">Inventories</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:to="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax_lbl" xml:lang="en-US">Recoverable taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentAssets" xlink:label="ifrs-full_OtherCurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentAssets" xlink:to="ifrs-full_OtherCurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherCurrentAssets_lbl" xml:lang="en-US">Other current assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAssets" xlink:label="ifrs-full_CurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_CurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CurrentAssets_lbl" xml:lang="en-US">Total current assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentAssetsAbstract" xlink:label="ifrs-full_NoncurrentAssetsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssetsAbstract" xlink:to="ifrs-full_NoncurrentAssetsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentAssetsAbstract_lbl" xml:lang="en-US">NONCURRENT ASSETS</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LongtermAssets" xlink:label="sid_LongtermAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LongtermAssets" xlink:to="sid_LongtermAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LongtermAssets_lbl" xml:lang="en-US">Long-term assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentDerivativeFinancialAssets" xlink:label="ifrs-full_CurrentDerivativeFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialAssets" xlink:to="ifrs-full_CurrentDerivativeFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentDerivativeFinancialAssets_lbl" xml:lang="en-US">Financial investments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxAssets" xlink:label="ifrs-full_DeferredTaxAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxAssets" xlink:to="ifrs-full_DeferredTaxAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxAssets_lbl" xml:lang="en-US">Deferred income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentInventories" xlink:label="ifrs-full_NoncurrentInventories" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentInventories" xlink:to="ifrs-full_NoncurrentInventories_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentInventories_lbl" xml:lang="en-US">Inventories</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:to="ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax_lbl" xml:lang="en-US">Recoverable taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentAssets" xlink:label="ifrs-full_OtherNoncurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNoncurrentAssets" xlink:to="ifrs-full_OtherNoncurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherNoncurrentAssets_lbl" xml:lang="en-US">Other non-current assets</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LongtermReceivables" xlink:label="sid_LongtermReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LongtermReceivables" xlink:to="sid_LongtermReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="sid_LongtermReceivables_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:label="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:to="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates_lbl" xml:lang="en-US">Investments in associates and joint controlled entities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipment" xlink:label="ifrs-full_PropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl" xml:lang="en-US">Property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IntangibleAssetsAndGoodwill" xlink:label="ifrs-full_IntangibleAssetsAndGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsAndGoodwill" xlink:to="ifrs-full_IntangibleAssetsAndGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IntangibleAssetsAndGoodwill_lbl" xml:lang="en-US">Intangible assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentAssets" xlink:label="ifrs-full_NoncurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_NoncurrentAssets_lbl" xml:lang="en-US">Total non-current assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Assets" xlink:label="ifrs-full_Assets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Assets_lbl" xml:lang="en-US">TOTAL ASSETS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAndLiabilitiesAbstract" xlink:label="ifrs-full_EquityAndLiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilitiesAbstract" xlink:to="ifrs-full_EquityAndLiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAndLiabilitiesAbstract_lbl" xml:lang="en-US">LIABILITIES AND SHAREHOLDERS' EQUITY</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLiabilitiesAbstract" xlink:label="ifrs-full_CurrentLiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilitiesAbstract" xlink:to="ifrs-full_CurrentLiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentLiabilitiesAbstract_lbl" xml:lang="en-US">CURRENT LIABILITIES</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShorttermBorrowings" xlink:label="ifrs-full_ShorttermBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShorttermBorrowings" xlink:to="ifrs-full_ShorttermBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShorttermBorrowings_lbl" xml:lang="en-US">Borrowings and financing</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentProvisionsForEmployeeBenefits" xlink:label="ifrs-full_CurrentProvisionsForEmployeeBenefits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentProvisionsForEmployeeBenefits" xlink:to="ifrs-full_CurrentProvisionsForEmployeeBenefits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentProvisionsForEmployeeBenefits_lbl" xml:lang="en-US">Payroll and related taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:label="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:to="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers_lbl" xml:lang="en-US">Trade payables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:label="ifrs-full_CurrentTaxLiabilitiesCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:to="ifrs-full_CurrentTaxLiabilitiesCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentTaxLiabilitiesCurrent_lbl" xml:lang="en-US">Taxes payable</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionsForTaxSocialSecurityLaborAndCivilRisks" xlink:label="sid_ProvisionsForTaxSocialSecurityLaborAndCivilRisks" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProvisionsForTaxSocialSecurityLaborAndCivilRisks" xlink:to="sid_ProvisionsForTaxSocialSecurityLaborAndCivilRisks_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProvisionsForTaxSocialSecurityLaborAndCivilRisks_lbl" xml:lang="en-US">Provisions for tax, social security, labor and civil risks</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties" xlink:label="ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties" xlink:to="ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties_lbl" xml:lang="en-US">Advances from customers</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentDividendPayables" xlink:label="ifrs-full_CurrentDividendPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDividendPayables" xlink:to="ifrs-full_CurrentDividendPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentDividendPayables_lbl" xml:lang="en-US">Proposed dividends and interests on net equity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentPayables" xlink:label="ifrs-full_OtherCurrentPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentPayables" xlink:to="ifrs-full_OtherCurrentPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherCurrentPayables_lbl" xml:lang="en-US">Other payables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLiabilities" xlink:label="ifrs-full_CurrentLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CurrentLiabilities_lbl" xml:lang="en-US">Total current liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLiabilitiesAbstract" xlink:label="ifrs-full_NoncurrentLiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilitiesAbstract" xlink:to="ifrs-full_NoncurrentLiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentLiabilitiesAbstract_lbl" xml:lang="en-US">NONCURRENT LIABILITIES</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LongtermBorrowings" xlink:label="ifrs-full_LongtermBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermBorrowings" xlink:to="ifrs-full_LongtermBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_LongtermBorrowings_lbl" xml:lang="en-US">Borrowings and financing</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentPayables" xlink:label="ifrs-full_OtherNoncurrentPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNoncurrentPayables" xlink:to="ifrs-full_OtherNoncurrentPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherNoncurrentPayables_lbl" xml:lang="en-US">Other payables</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxLiabilities" xlink:label="ifrs-full_DeferredTaxLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilities" xlink:to="ifrs-full_DeferredTaxLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DeferredTaxLiabilities_lbl" xml:lang="en-US">Deferred income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentProvisions" xlink:label="ifrs-full_NoncurrentProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentProvisions" xlink:to="ifrs-full_NoncurrentProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentProvisions_lbl" xml:lang="en-US">Provisions for tax, social security, labor and civil risks</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan" xlink:label="ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan" xlink:to="ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan_lbl" xml:lang="en-US">Pension and healthcare plan</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherLongtermProvisions" xlink:label="ifrs-full_OtherLongtermProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherLongtermProvisions" xlink:to="ifrs-full_OtherLongtermProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherLongtermProvisions_lbl" xml:lang="en-US">Provision for environmental liabilities and asset retirement obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLiabilities" xlink:label="ifrs-full_NoncurrentLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_NoncurrentLiabilities_lbl" xml:lang="en-US">Total non current liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAbstract" xlink:label="ifrs-full_EquityAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAbstract" xlink:to="ifrs-full_EquityAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAbstract_lbl" xml:lang="en-US">Shareholders' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdditionalPaidinCapital" xlink:label="ifrs-full_AdditionalPaidinCapital" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionalPaidinCapital" xlink:to="ifrs-full_AdditionalPaidinCapital_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdditionalPaidinCapital_lbl" xml:lang="en-US">Paid-in capital</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CapitalReserve" xlink:label="ifrs-full_CapitalReserve" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CapitalReserve" xlink:to="ifrs-full_CapitalReserve_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CapitalReserve_lbl" xml:lang="en-US">Capital reserves</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherReserves" xlink:label="ifrs-full_OtherReserves" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherReserves" xlink:to="ifrs-full_OtherReserves_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherReserves_lbl" xml:lang="en-US">Legal reserves</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RetainedEarnings" xlink:label="ifrs-full_RetainedEarnings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RetainedEarnings" xlink:to="ifrs-full_RetainedEarnings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RetainedEarnings_lbl" xml:lang="en-US">Earnings reserves</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TreasuryShares" xlink:label="ifrs-full_TreasuryShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TreasuryShares" xlink:to="ifrs-full_TreasuryShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_TreasuryShares_lbl" xml:lang="en-US">Treasury shares</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:label="ifrs-full_AccumulatedOtherComprehensiveIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:to="ifrs-full_AccumulatedOtherComprehensiveIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AccumulatedOtherComprehensiveIncome_lbl" xml:lang="en-US">Other comprehensive income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAttributableToOwnersOfParent" xlink:label="ifrs-full_EquityAttributableToOwnersOfParent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAttributableToOwnersOfParent" xlink:to="ifrs-full_EquityAttributableToOwnersOfParent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_EquityAttributableToOwnersOfParent_lbl" xml:lang="en-US">Total equity attributable to owners of the Company</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncontrollingInterests" xlink:label="ifrs-full_NoncontrollingInterests" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncontrollingInterests" xlink:to="ifrs-full_NoncontrollingInterests_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncontrollingInterests_lbl" xml:lang="en-US">Non-controlling interests</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Equity" xlink:label="ifrs-full_Equity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_Equity_lbl" xml:lang="en-US">Total Shareholders' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAndLiabilities" xlink:label="ifrs-full_EquityAndLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_EquityAndLiabilities_lbl" xml:lang="en-US">TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeStatementAbstract" xlink:label="ifrs-full_IncomeStatementAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeStatementAbstract" xlink:to="ifrs-full_IncomeStatementAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeStatementAbstract_lbl" xml:lang="en-US">Profit or loss [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Revenue" xlink:label="ifrs-full_Revenue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Revenue" xlink:to="ifrs-full_Revenue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Revenue_lbl" xml:lang="en-US">Net Revenue from sales</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CostOfSales" xlink:label="ifrs-full_CostOfSales" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CostOfSales" xlink:to="ifrs-full_CostOfSales_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_CostOfSales_lbl" xml:lang="en-US">Cost of sales</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossProfit" xlink:label="ifrs-full_GrossProfit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossProfit" xlink:to="ifrs-full_GrossProfit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_GrossProfit_lbl" xml:lang="en-US">Gross profit</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherOperatingIncomeExpense" xlink:label="ifrs-full_OtherOperatingIncomeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherOperatingIncomeExpense" xlink:to="ifrs-full_OtherOperatingIncomeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherOperatingIncomeExpense_lbl" xml:lang="en-US">Operating income (expenses)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SalesAndMarketingExpense" xlink:label="ifrs-full_SalesAndMarketingExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SalesAndMarketingExpense" xlink:to="ifrs-full_SalesAndMarketingExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_SalesAndMarketingExpense_lbl" xml:lang="en-US">Selling expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdministrativeExpense" xlink:label="ifrs-full_AdministrativeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdministrativeExpense" xlink:to="ifrs-full_AdministrativeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_AdministrativeExpense_lbl" xml:lang="en-US">General and administrative expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:to="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_lbl" xml:lang="en-US">Equity in results of affiliated companies</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiscellaneousOtherOperatingIncome" xlink:label="ifrs-full_MiscellaneousOtherOperatingIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiscellaneousOtherOperatingIncome" xlink:to="ifrs-full_MiscellaneousOtherOperatingIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MiscellaneousOtherOperatingIncome_lbl" xml:lang="en-US">Other operating income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiscellaneousOtherOperatingExpense" xlink:label="ifrs-full_MiscellaneousOtherOperatingExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiscellaneousOtherOperatingExpense" xlink:to="ifrs-full_MiscellaneousOtherOperatingExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_MiscellaneousOtherOperatingExpense_lbl" xml:lang="en-US">Other operating expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossFromOperatingActivities" xlink:label="ifrs-full_ProfitLossFromOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="ifrs-full_ProfitLossFromOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_lbl" xml:lang="en-US">Income before financial results and income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinanceIncome" xlink:label="ifrs-full_FinanceIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceIncome" xlink:to="ifrs-full_FinanceIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinanceIncome_lbl" xml:lang="en-US">Financial income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinanceCosts" xlink:label="ifrs-full_FinanceCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceCosts" xlink:to="ifrs-full_FinanceCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_FinanceCosts_lbl" xml:lang="en-US">Financial expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="ifrs-full_ProfitLossBeforeTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossBeforeTax" xlink:to="ifrs-full_ProfitLossBeforeTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLossBeforeTax_lbl" xml:lang="en-US">Income before income taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_lbl" xml:lang="en-US">Income tax and social contribution</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="ifrs-full_ProfitLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ProfitLoss_lbl" xml:lang="en-US">Net income for the year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossAbstract" xlink:label="ifrs-full_ProfitLossAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAbstract" xlink:to="ifrs-full_ProfitLossAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossAbstract_lbl" xml:lang="en-US">Net income for the year attributed to:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:to="ifrs-full_ProfitLossAttributableToOwnersOfParent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent_lbl" xml:lang="en-US">Controlling interests</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:label="ifrs-full_ProfitLossAttributableToNoncontrollingInterests" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_lbl" xml:lang="en-US">Non-controlling interests</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EarningsPerShareAbstract" xlink:label="ifrs-full_EarningsPerShareAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EarningsPerShareAbstract" xlink:to="ifrs-full_EarningsPerShareAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EarningsPerShareAbstract_lbl" xml:lang="en-US">Earnings (loss) per common share - (reais/share)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BasicEarningsLossPerShare" xlink:label="ifrs-full_BasicEarningsLossPerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BasicEarningsLossPerShare" xlink:to="ifrs-full_BasicEarningsLossPerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BasicEarningsLossPerShare_lbl" xml:lang="en-US">Basic (reais/share)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DilutedEarningsLossPerShare" xlink:label="ifrs-full_DilutedEarningsLossPerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DilutedEarningsLossPerShare" xlink:to="ifrs-full_DilutedEarningsLossPerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DilutedEarningsLossPerShare_lbl" xml:lang="en-US">Diluted (reais/share)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:label="ifrs-full_StatementOfComprehensiveIncomeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:to="ifrs-full_StatementOfComprehensiveIncomeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfComprehensiveIncomeAbstract_lbl" xml:lang="en-US">Statement of comprehensive income [abstract]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLoss_2_lbl" xml:lang="en-US">Net income for the year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract_lbl" xml:lang="en-US">Items that will not be subsequently reclassified to the statement of income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments_lbl" xml:lang="en-US">Actuarial (losses)/gains on defined benefit plan from investments in subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_lbl" xml:lang="en-US">Actuarial (losses)/gains on defined benefit pension plan</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:to="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_lbl" xml:lang="en-US">Total Items that will not be subsequently reclassified to the statement of income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_lbl" xml:lang="en-US">Items that could be subsequently reclassified to the statement of income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_lbl" xml:lang="en-US">Cumulative translation adjustments for the year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax" xlink:label="ifrs-full_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax" xlink:to="ifrs-full_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax_lbl" xml:lang="en-US">(Loss)/gain on change in percentage of investments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax" xlink:label="ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax" xlink:to="ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax_lbl" xml:lang="en-US">Fair value through other comprehensive income</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LossGainOnBusinessCombination" xlink:label="sid_LossGainOnBusinessCombination" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LossGainOnBusinessCombination" xlink:to="sid_LossGainOnBusinessCombination_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LossGainOnBusinessCombination_lbl" xml:lang="en-US">(Loss) / gain on business combination</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:label="ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:to="ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax_lbl" xml:lang="en-US">(Loss)/gain on net investment hedge in foreign subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:label="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:to="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax_lbl" xml:lang="en-US">(Loss)/gain cash flow hedge accounting, net of taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:label="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:to="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_lbl" xml:lang="en-US">Cash flow hedge accounting reclassified to income upon realization, net of taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes" xlink:label="sid_CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes" xlink:to="sid_CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes_lbl" xml:lang="en-US">Cash flow hedge accounting - "Platts" reclassified to income upon realization, net of taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LossgainCashFlowHedgeAccountingPlatts" xlink:label="sid_LossgainCashFlowHedgeAccountingPlatts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LossgainCashFlowHedgeAccountingPlatts" xlink:to="sid_LossgainCashFlowHedgeAccountingPlatts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LossgainCashFlowHedgeAccountingPlatts_lbl" xml:lang="en-US">(Loss)/gain cash flow hedge accounting - "Platts"</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_lbl" xml:lang="en-US">Total Items that could be subsequently reclassified to the statement of income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncome" xlink:label="ifrs-full_OtherComprehensiveIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_OtherComprehensiveIncome_lbl" xml:lang="en-US">Other comprehensive income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComprehensiveIncome" xlink:label="ifrs-full_ComprehensiveIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_ComprehensiveIncome_lbl" xml:lang="en-US">Comprehensive income for the year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToAbstract_lbl" xml:lang="en-US">Attributable to:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl" xml:lang="en-US">Attributed to owners of the Company</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests_lbl" xml:lang="en-US">Attributed to non-controlling interests</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfCashFlowsAbstract" xlink:label="ifrs-full_StatementOfCashFlowsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfCashFlowsAbstract" xlink:to="ifrs-full_StatementOfCashFlowsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfCashFlowsAbstract_lbl" xml:lang="en-US">Statement of cash flows [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLossAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:to="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl" xml:lang="en-US">Adjustments to reconcile net income to net cash provided by operations:</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForFinanceCosts" xlink:label="ifrs-full_AdjustmentsForFinanceCosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForFinanceCosts" xlink:to="ifrs-full_AdjustmentsForFinanceCosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForFinanceCosts_lbl" xml:lang="en-US">Accrued charges on borrowings and financing</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherAdjustmentsToReconcileProfitLoss" xlink:label="ifrs-full_OtherAdjustmentsToReconcileProfitLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherAdjustmentsToReconcileProfitLoss" xlink:to="ifrs-full_OtherAdjustmentsToReconcileProfitLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherAdjustmentsToReconcileProfitLoss_lbl" xml:lang="en-US">Charges on loans and financing granted</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:label="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:to="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense_lbl" xml:lang="en-US">Depreciation/ depletion / amortization</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:to="ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_lbl" xml:lang="en-US">Equity in results of affiliated companies</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:label="ifrs-full_InterestExpenseOnLeaseLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:to="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestExpenseOnLeaseLiabilities_lbl" xml:lang="en-US">Charges on lease liabilities.</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:label="ifrs-full_AdjustmentsForDeferredTaxExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:to="ifrs-full_AdjustmentsForDeferredTaxExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDeferredTaxExpense_lbl" xml:lang="en-US">Deferred income tax and social contribution</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForProvisions" xlink:label="ifrs-full_AdjustmentsForProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForProvisions" xlink:to="ifrs-full_AdjustmentsForProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForProvisions_lbl" xml:lang="en-US">Provision for tax, social security, labor and civil risks</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:label="ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:to="ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains_lbl" xml:lang="en-US">Monetary variations and exchange differences</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets" xlink:label="ifrs-full_IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets" xlink:to="ifrs-full_IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets_lbl" xml:lang="en-US">Contractual agreement</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:label="ifrs-full_ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:to="ifrs-full_ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets_lbl" xml:lang="en-US">Proceeds from disposal of fixed and intangible assets</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionReversalForConsumptionAndServices" xlink:label="sid_ProvisionReversalForConsumptionAndServices" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProvisionReversalForConsumptionAndServices" xlink:to="sid_ProvisionReversalForConsumptionAndServices_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProvisionReversalForConsumptionAndServices_lbl" xml:lang="en-US">Provision (Reversal) for consumption and services</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentsForProvisionsForActuarialLiabilities" xlink:label="sid_AdjustmentsForProvisionsForActuarialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentsForProvisionsForActuarialLiabilities" xlink:to="sid_AdjustmentsForProvisionsForActuarialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdjustmentsForProvisionsForActuarialLiabilities_lbl" xml:lang="en-US">Provision for actuarial liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination" xlink:label="ifrs-full_GainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination" xlink:to="ifrs-full_GainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_GainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination_lbl" xml:lang="en-US">PIS and COFINS credits</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets" xlink:label="ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets" xlink:to="ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets_lbl" xml:lang="en-US">Net gain on sale of a foreign subsidiary</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets" xlink:label="sid_AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets" xlink:to="sid_AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets_lbl" xml:lang="en-US">Provision for environmental liabilities and decommissioning of assets</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UpdatedSharesVJR" xlink:label="sid_UpdatedSharesVJR" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UpdatedSharesVJR" xlink:to="sid_UpdatedSharesVJR_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_UpdatedSharesVJR_lbl" xml:lang="en-US">Unrealized loss (gains) on shares - Fair value through profit or loss</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReceivablesByIndemnity" xlink:label="sid_ReceivablesByIndemnity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ReceivablesByIndemnity" xlink:to="sid_ReceivablesByIndemnity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_ReceivablesByIndemnity_lbl" xml:lang="en-US">Receivables by indemnity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions" xlink:label="ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions" xlink:to="ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions_lbl" xml:lang="en-US">Other provisions</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForReconcileProfitLoss" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForReconcileProfitLoss" xlink:to="ifrs-full_AdjustmentsForReconcileProfitLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLoss_lbl" xml:lang="en-US">Total Adjustments to reconcile net income to net cash provided by operations</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:label="sid_AdjustmentsForChangesInAssetsAndLiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:to="sid_AdjustmentsForChangesInAssetsAndLiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdjustmentsForChangesInAssetsAndLiabilitiesAbstract_lbl" xml:lang="en-US">Changes in assets and liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_lbl" xml:lang="en-US">Trade receivables - third parties</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable" xlink:label="sid_AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable" xlink:to="sid_AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable_lbl" xml:lang="en-US">Trade receivables - related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_lbl" xml:lang="en-US">Inventories</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables_lbl" xml:lang="en-US">Receivables from related parties/Dividends</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeTaxesRefundClassifiedAsOperatingActivities" xlink:label="ifrs-full_IncomeTaxesRefundClassifiedAsOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxesRefundClassifiedAsOperatingActivities" xlink:to="ifrs-full_IncomeTaxesRefundClassifiedAsOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncomeTaxesRefundClassifiedAsOperatingActivities_lbl" xml:lang="en-US">Recoverable taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks_lbl" xml:lang="en-US">Judicial deposits</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_lbl" xml:lang="en-US">Trade payables</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesDraweeRisk" xlink:label="sid_TradePayablesDraweeRisk" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TradePayablesDraweeRisk" xlink:to="sid_TradePayablesDraweeRisk_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TradePayablesDraweeRisk_lbl" xml:lang="en-US">Trade payables - Drawee risk</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities_lbl" xml:lang="en-US">Payroll and related taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis" xlink:label="sid_AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis" xlink:to="sid_AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis_lbl" xml:lang="en-US">Taxes in installments - REFIS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables_lbl" xml:lang="en-US">Payables to related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers_lbl" xml:lang="en-US">Advances from customer</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:label="ifrs-full_InterestPaidClassifiedAsOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:to="ifrs-full_InterestPaidClassifiedAsOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_InterestPaidClassifiedAsOperatingActivities_lbl" xml:lang="en-US">Interest paid</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DerivativeInstrumentCashSettlement" xlink:label="sid_DerivativeInstrumentCashSettlement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DerivativeInstrumentCashSettlement" xlink:to="sid_DerivativeInstrumentCashSettlement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_DerivativeInstrumentCashSettlement_lbl" xml:lang="en-US">Derivative instrument cash settlement</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets_lbl" xml:lang="en-US">Others</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:label="sid_AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:to="sid_AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="sid_AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities_lbl" xml:lang="en-US">Increase (decrease) in assets and liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl" xml:lang="en-US">Net cash provided by operating activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:label="ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:to="ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Investments / acquisition of shares</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Purchase of property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashPaymentsForDerivativeTransactions" xlink:label="sid_CashPaymentsForDerivativeTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashPaymentsForDerivativeTransactions" xlink:to="sid_CashPaymentsForDerivativeTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_CashPaymentsForDerivativeTransactions_lbl" xml:lang="en-US">Receipt/(Payment) in derivative transactions</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:label="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Purchase of intangible assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAdvancesAndLoansMadeToRelatedParties" xlink:label="ifrs-full_CashAdvancesAndLoansMadeToRelatedParties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAdvancesAndLoansMadeToRelatedParties" xlink:to="ifrs-full_CashAdvancesAndLoansMadeToRelatedParties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_CashAdvancesAndLoansMadeToRelatedParties_lbl" xml:lang="en-US">Loans granted to related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties" xlink:label="ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties" xlink:to="ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties_lbl" xml:lang="en-US">Loans received from related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities" xlink:label="ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities" xlink:to="ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities_lbl" xml:lang="en-US">Financial investment, net of redeemed amount</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashReceiptsFromDiscontinuedOperations" xlink:label="sid_CashReceiptsFromDiscontinuedOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashReceiptsFromDiscontinuedOperations" xlink:to="sid_CashReceiptsFromDiscontinuedOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashReceiptsFromDiscontinuedOperations_lbl" xml:lang="en-US">Cash received by disposal of Usiminas' shares</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromChangesInOwnershipInterestsInSubsidiaries" xlink:label="ifrs-full_ProceedsFromChangesInOwnershipInterestsInSubsidiaries" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromChangesInOwnershipInterestsInSubsidiaries" xlink:to="ifrs-full_ProceedsFromChangesInOwnershipInterestsInSubsidiaries_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromChangesInOwnershipInterestsInSubsidiaries_lbl" xml:lang="en-US">Net cash received from the sale of a foreign subsidiary</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashReceiptsFromAcquisitionOfControl" xlink:label="sid_CashReceiptsFromAcquisitionOfControl" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashReceiptsFromAcquisitionOfControl" xlink:to="sid_CashReceiptsFromAcquisitionOfControl_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashReceiptsFromAcquisitionOfControl_lbl" xml:lang="en-US">Cash used to acquire interest in CBSI</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl" xml:lang="en-US">Net cash used in investing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities_lbl" xml:lang="en-US">New borrowings and financing</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingCostsIncurred" xlink:label="ifrs-full_BorrowingCostsIncurred" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingCostsIncurred" xlink:to="ifrs-full_BorrowingCostsIncurred_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_BorrowingCostsIncurred_lbl" xml:lang="en-US">Cost of transaction</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_lbl" xml:lang="en-US">Repayment of borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AmortizationOfLeases" xlink:label="sid_AmortizationOfLeases" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AmortizationOfLeases" xlink:to="sid_AmortizationOfLeases_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_AmortizationOfLeases_lbl" xml:lang="en-US">Amortization of leases</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:label="ifrs-full_DividendsPaidClassifiedAsFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:to="ifrs-full_DividendsPaidClassifiedAsFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DividendsPaidClassifiedAsFinancingActivities_lbl" xml:lang="en-US">Payment of dividends and interests on net equity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares" xlink:label="ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares" xlink:to="ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares_lbl" xml:lang="en-US">Treasury shares</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl" xml:lang="en-US">Net cash provided by (used in) financing activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:to="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl" xml:lang="en-US">Exchange rate changes on cash and cash equivalents of foreign subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_lbl" xml:lang="en-US">Increase (decrease) in cash and cash equivalents</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_CashAndCashEquivalents_2_lbl" xml:lang="en-US">Cash and cash equivalents at the beginning of the year</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="ifrs-full_CashAndCashEquivalents_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_CashAndCashEquivalents_3_lbl" xml:lang="en-US">Cash and cash equivalents at the end of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfChangesInEquityTable" xlink:label="ifrs-full_StatementOfChangesInEquityTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfChangesInEquityTable" xlink:to="ifrs-full_StatementOfChangesInEquityTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfChangesInEquityTable_lbl" xml:lang="en-US">Statement of changes in equity [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfChangesInEquityLineItems" xlink:label="ifrs-full_StatementOfChangesInEquityLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_StatementOfChangesInEquityLineItems" xlink:to="ifrs-full_StatementOfChangesInEquityLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_StatementOfChangesInEquityLineItems_lbl" xml:lang="en-US">Statement of changes in equity [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_Equity_2_lbl" xml:lang="en-US">Beginning balance</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AjustedOpeningBalancesEquity" xlink:label="sid_AjustedOpeningBalancesEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AjustedOpeningBalancesEquity" xlink:to="sid_AjustedOpeningBalancesEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AjustedOpeningBalancesEquity_lbl" xml:lang="en-US">Ajusted opening balances</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IssueOfEquity" xlink:label="ifrs-full_IssueOfEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssueOfEquity" xlink:to="ifrs-full_IssueOfEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IssueOfEquity_lbl" xml:lang="en-US">Capital transactions with shareholders</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfTreasuryShares" xlink:label="ifrs-full_PurchaseOfTreasuryShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfTreasuryShares" xlink:to="ifrs-full_PurchaseOfTreasuryShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchaseOfTreasuryShares_lbl" xml:lang="en-US">Sales of treasury shares</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProposedCapitalIncrease" xlink:label="sid_ProposedCapitalIncrease" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProposedCapitalIncrease" xlink:to="sid_ProposedCapitalIncrease_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProposedCapitalIncrease_lbl" xml:lang="en-US">Proposed capital increase</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsPaidOrdinaryShares" xlink:label="ifrs-full_DividendsPaidOrdinaryShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaidOrdinaryShares" xlink:to="ifrs-full_DividendsPaidOrdinaryShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DividendsPaidOrdinaryShares_lbl" xml:lang="en-US">Dividends</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:label="ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:to="ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod_lbl" xml:lang="en-US">Interests on net equity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:label="ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:to="ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests_lbl" xml:lang="en-US">Reversal by prescription of dividends and interest on shareholder's equity</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProfitOnDisposalOfShares" xlink:label="sid_ProfitOnDisposalOfShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProfitOnDisposalOfShares" xlink:to="sid_ProfitOnDisposalOfShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProfitOnDisposalOfShares_lbl" xml:lang="en-US">Profit on disposal of shares</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ComprehensiveIncomeLoss" xlink:label="sid_ComprehensiveIncomeLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ComprehensiveIncomeLoss" xlink:to="sid_ComprehensiveIncomeLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ComprehensiveIncomeLoss_lbl" xml:lang="en-US">Total comprehensive income</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherComprehensiveIncomeLoss" xlink:label="sid_OtherComprehensiveIncomeLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherComprehensiveIncomeLoss" xlink:to="sid_OtherComprehensiveIncomeLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_OtherComprehensiveIncomeLoss_lbl" xml:lang="en-US">Other comprehensive income</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:to="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax_2_lbl" xml:lang="en-US">Cumulative translation adjustments for the period</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialGainsLossesNetDefinedBenefitLiabilityAsset" xlink:label="sid_ActuarialGainsLossesNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialGainsLossesNetDefinedBenefitLiabilityAsset" xlink:to="sid_ActuarialGainsLossesNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ActuarialGainsLossesNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Actuarial gain/(loss) on defined benefit pension plan, net of taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnAvailableforsaleFinancialAssets" xlink:label="ifrs-full_GainsLossesOnAvailableforsaleFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnAvailableforsaleFinancialAssets" xlink:to="ifrs-full_GainsLossesOnAvailableforsaleFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnAvailableforsaleFinancialAssets_lbl" xml:lang="en-US">Gain/(Loss) on available-for-sale assets, net of taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1" xlink:label="sid_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1" xlink:to="sid_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1_lbl" xml:lang="en-US">(Loss) / gain on the percentage change in investments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnHedgingInstrument" xlink:label="ifrs-full_GainsLossesOnHedgingInstrument" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnHedgingInstrument" xlink:to="ifrs-full_GainsLossesOnHedgingInstrument_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnHedgingInstrument_lbl" xml:lang="en-US">Gain/(loss) on cash flow hedge accounting, net of taxes</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:to="ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax_2_lbl" xml:lang="en-US">Gain/(loss) on hedge of net investments in foreign subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GainLossOnBusinessCombination" xlink:label="sid_GainLossOnBusinessCombination" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GainLossOnBusinessCombination" xlink:to="sid_GainLossOnBusinessCombination_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_GainLossOnBusinessCombination_lbl" xml:lang="en-US">Gain/(loss) on business combination</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InternalChangesInShareholdersEquity" xlink:label="sid_InternalChangesInShareholdersEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InternalChangesInShareholdersEquity" xlink:to="sid_InternalChangesInShareholdersEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_InternalChangesInShareholdersEquity_lbl" xml:lang="en-US">Internal changes in shareholders' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves" xlink:label="sid_IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves" xlink:to="sid_IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves_lbl" xml:lang="en-US">Constitution of reserves</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NoncontrollingInterestsInSubsidiaries" xlink:label="sid_NoncontrollingInterestsInSubsidiaries" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NoncontrollingInterestsInSubsidiaries" xlink:to="sid_NoncontrollingInterestsInSubsidiaries_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NoncontrollingInterestsInSubsidiaries_lbl" xml:lang="en-US">Non-controlling interests in subsidiaries</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_Equity_3_lbl" xml:lang="en-US">Ending balance</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfBusinessAbstract" xlink:label="sid_DescriptionOfBusinessAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfBusinessAbstract" xlink:to="sid_DescriptionOfBusinessAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfBusinessAbstract_lbl" xml:lang="en-US">Description Of Business</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfDescriptionOfBusinessExplanatory" xlink:label="sid_DisclosureOfDescriptionOfBusinessExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfDescriptionOfBusinessExplanatory" xlink:to="sid_DisclosureOfDescriptionOfBusinessExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisclosureOfDescriptionOfBusinessExplanatory_lbl" xml:lang="en-US">DESCRIPTION OF BUSINESS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfChangesInAccountingEstimatesAbstract" xlink:label="ifrs-full_DisclosureOfChangesInAccountingEstimatesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfChangesInAccountingEstimatesAbstract" xlink:to="ifrs-full_DisclosureOfChangesInAccountingEstimatesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfChangesInAccountingEstimatesAbstract_lbl" xml:lang="en-US">Disclosure of changes in accounting estimates [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:label="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:to="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_lbl" xml:lang="en-US">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ImapctsOfCovid19Abstract" xlink:label="sid_ImapctsOfCovid19Abstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ImapctsOfCovid19Abstract" xlink:to="sid_ImapctsOfCovid19Abstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ImapctsOfCovid19Abstract_lbl" xml:lang="en-US">Impacts Of Covid-19</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfImpactsOfCovid19Explanatory" xlink:label="sid_DisclosureOfImpactsOfCovid19Explanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfImpactsOfCovid19Explanatory" xlink:to="sid_DisclosureOfImpactsOfCovid19Explanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisclosureOfImpactsOfCovid19Explanatory_lbl" xml:lang="en-US">IMPACTS OF COVID-19</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashAndCashEquivalentAbstract" xlink:label="sid_CashAndCashEquivalentAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashAndCashEquivalentAbstract" xlink:to="sid_CashAndCashEquivalentAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashAndCashEquivalentAbstract_lbl" xml:lang="en-US">Cash And Cash Equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:label="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:to="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory_lbl" xml:lang="en-US">CASH AND CASH EQUIVALENTS</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfFinancialInvestmentsAbstract" xlink:label="sid_DisclosureOfFinancialInvestmentsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfFinancialInvestmentsAbstract" xlink:to="sid_DisclosureOfFinancialInvestmentsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisclosureOfFinancialInvestmentsAbstract_lbl" xml:lang="en-US">Financial Investments</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfFinancialInvestmentsExplanatory" xlink:label="sid_DisclosureOfFinancialInvestmentsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfFinancialInvestmentsExplanatory" xlink:to="sid_DisclosureOfFinancialInvestmentsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisclosureOfFinancialInvestmentsExplanatory_lbl" xml:lang="en-US">FINANCIAL INVESTMENTS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherReceivablesAbstract" xlink:label="ifrs-full_TradeAndOtherReceivablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherReceivablesAbstract" xlink:to="ifrs-full_TradeAndOtherReceivablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherReceivablesAbstract_lbl" xml:lang="en-US">Trade and other receivables [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:label="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:to="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory_lbl" xml:lang="en-US">TRADE RECEIVABLES</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoriesAbstract" xlink:label="sid_InventoriesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InventoriesAbstract" xlink:to="sid_InventoriesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_InventoriesAbstract_lbl" xml:lang="en-US">Inventories [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfInventoriesExplanatory" xlink:label="ifrs-full_DisclosureOfInventoriesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInventoriesExplanatory" xlink:to="ifrs-full_DisclosureOfInventoriesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfInventoriesExplanatory_lbl" xml:lang="en-US">INVENTORIES</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecoverableTaxesAbstract" xlink:label="sid_RecoverableTaxesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RecoverableTaxesAbstract" xlink:to="sid_RecoverableTaxesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RecoverableTaxesAbstract_lbl" xml:lang="en-US">Recoverable Taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfRecoverableTaxesExplanatory" xlink:label="sid_DisclosureOfRecoverableTaxesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfRecoverableTaxesExplanatory" xlink:to="sid_DisclosureOfRecoverableTaxesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisclosureOfRecoverableTaxesExplanatory_lbl" xml:lang="en-US">RECOVERABLE TAXES</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherCurrentAndNoncurrentAssetsAbstract" xlink:label="sid_OtherCurrentAndNoncurrentAssetsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherCurrentAndNoncurrentAssetsAbstract" xlink:to="sid_OtherCurrentAndNoncurrentAssetsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherCurrentAndNoncurrentAssetsAbstract_lbl" xml:lang="en-US">Other current and non-current assets [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory" xlink:label="ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory_lbl" xml:lang="en-US">OTHER CURRENT AND NON-CURRENT ASSETS</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:label="sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract_lbl" xml:lang="en-US">Basis Of Consolidation And Investments In Subsidiaries And Affiliates</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfJointVenturesExplanatory" xlink:label="ifrs-full_DisclosureOfJointVenturesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfJointVenturesExplanatory" xlink:to="ifrs-full_DisclosureOfJointVenturesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfJointVenturesExplanatory_lbl" xml:lang="en-US">BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:label="ifrs-full_PropertyPlantAndEquipmentAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:to="ifrs-full_PropertyPlantAndEquipmentAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PropertyPlantAndEquipmentAbstract_lbl" xml:lang="en-US">Property, plant and equipment [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory_lbl" xml:lang="en-US">PROPERTY, PLANT AND EQUIPMENT</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsAbstract_lbl" xml:lang="en-US">Disclosure of detailed information about intangible assets [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsExplanatory_lbl" xml:lang="en-US">INTANGIBLE ASSETS</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingAbstract" xlink:label="sid_BorrowingsAndFinancingAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingsAndFinancingAbstract" xlink:to="sid_BorrowingsAndFinancingAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BorrowingsAndFinancingAbstract_lbl" xml:lang="en-US">Borrowings And Financing</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:label="ifrs-full_DisclosureOfBorrowingsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:to="ifrs-full_DisclosureOfBorrowingsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfBorrowingsExplanatory_lbl" xml:lang="en-US">BORROWINGS AND FINANCING</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:to="ifrs-full_DisclosureOfFinancialInstrumentsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsAbstract_lbl" xml:lang="en-US">Disclosure of detailed information about financial instruments [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:to="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_lbl" xml:lang="en-US">FINANCIAL INSTRUMENTS</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPayablesAbstract" xlink:label="sid_OtherPayablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherPayablesAbstract" xlink:to="sid_OtherPayablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherPayablesAbstract_lbl" xml:lang="en-US">Other Payables [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:label="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:to="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory_lbl" xml:lang="en-US">OTHER PAYABLES</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PresentationOfLeasesForLesseeAbstract" xlink:label="ifrs-full_PresentationOfLeasesForLesseeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PresentationOfLeasesForLesseeAbstract" xlink:to="ifrs-full_PresentationOfLeasesForLesseeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PresentationOfLeasesForLesseeAbstract_lbl" xml:lang="en-US">Presentation of leases for lessee [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfLeasesExplanatory" xlink:label="ifrs-full_DisclosureOfLeasesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfLeasesExplanatory" xlink:to="ifrs-full_DisclosureOfLeasesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfLeasesExplanatory_lbl" xml:lang="en-US">LEASES</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesAbstract" xlink:label="sid_TradePayablesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TradePayablesAbstract" xlink:to="sid_TradePayablesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TradePayablesAbstract_lbl" xml:lang="en-US">Trade Payables</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfTradePayablesExplanatory" xlink:label="sid_DisclosureOfTradePayablesExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfTradePayablesExplanatory" xlink:to="sid_DisclosureOfTradePayablesExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisclosureOfTradePayablesExplanatory_lbl" xml:lang="en-US">TRADE PAYABLES</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionAbstract" xlink:label="sid_IncomeTaxAndSocialContributionAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxAndSocialContributionAbstract" xlink:to="sid_IncomeTaxAndSocialContributionAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IncomeTaxAndSocialContributionAbstract_lbl" xml:lang="en-US">Income Tax And Social Contributions</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfIncomeTaxAndSocialContributionExplanatory" xlink:label="sid_DisclosureOfIncomeTaxAndSocialContributionExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfIncomeTaxAndSocialContributionExplanatory" xlink:to="sid_DisclosureOfIncomeTaxAndSocialContributionExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisclosureOfIncomeTaxAndSocialContributionExplanatory_lbl" xml:lang="en-US">INCOME TAX AND SOCIAL CONTRIBUTIONS</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesInInstallmentsAbstract" xlink:label="sid_TaxesInInstallmentsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxesInInstallmentsAbstract" xlink:to="sid_TaxesInInstallmentsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TaxesInInstallmentsAbstract_lbl" xml:lang="en-US">Taxes in Installments [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfTaxesInInstallmentsExplanatory" xlink:label="sid_DisclosureOfTaxesInInstallmentsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfTaxesInInstallmentsExplanatory" xlink:to="sid_DisclosureOfTaxesInInstallmentsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisclosureOfTaxesInInstallmentsExplanatory_lbl" xml:lang="en-US">TAXES IN INSTALLMENTS</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" xlink:label="sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" xlink:to="sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract_lbl" xml:lang="en-US">Provision For Tax Social Security Labor Civil Environmental Risks And Judicial Deposits</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:label="ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:to="ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory_lbl" xml:lang="en-US">PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract" xlink:label="sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract" xlink:to="sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract_lbl" xml:lang="en-US">Provision For Environmental Liabilities And Asset Retirement Obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationsExplanatory" xlink:label="sid_DisclosureOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationsExplanatory" xlink:to="sid_DisclosureOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisclosureOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationsExplanatory_lbl" xml:lang="en-US">PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMENT OBLIGATIONS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract_lbl" xml:lang="en-US">Disclosure of transactions between related parties [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:label="ifrs-full_DisclosureOfRelatedPartyExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:to="ifrs-full_DisclosureOfRelatedPartyExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfRelatedPartyExplanatory_lbl" xml:lang="en-US">RELATED-PARTY BALANCES AND TRANSACTIONS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:to="ifrs-full_DisclosureOfClassesOfShareCapitalAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalAbstract_lbl" xml:lang="en-US">Disclosure of classes of share capital [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:label="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:to="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_lbl" xml:lang="en-US">SHAREHOLDERS' EQUITY</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ShareholdersCompensationAbstract" xlink:label="sid_ShareholdersCompensationAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ShareholdersCompensationAbstract" xlink:to="sid_ShareholdersCompensationAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ShareholdersCompensationAbstract_lbl" xml:lang="en-US">Shareholders Compensation</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfShareholdersCompensationExplanatory" xlink:label="sid_DisclosureOfShareholdersCompensationExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfShareholdersCompensationExplanatory" xlink:to="sid_DisclosureOfShareholdersCompensationExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisclosureOfShareholdersCompensationExplanatory_lbl" xml:lang="en-US">Shareholders' Compensation</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetRevenueFromSalesAbstract" xlink:label="sid_NetRevenueFromSalesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NetRevenueFromSalesAbstract" xlink:to="sid_NetRevenueFromSalesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NetRevenueFromSalesAbstract_lbl" xml:lang="en-US">Net Revenue From Sales</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfRevenueExplanatory" xlink:label="ifrs-full_DisclosureOfRevenueExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfRevenueExplanatory" xlink:to="ifrs-full_DisclosureOfRevenueExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfRevenueExplanatory_lbl" xml:lang="en-US">NET REVENUE FROM SALES</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ExpenseByNatureAbstract" xlink:label="ifrs-full_ExpenseByNatureAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpenseByNatureAbstract" xlink:to="ifrs-full_ExpenseByNatureAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExpenseByNatureAbstract_lbl" xml:lang="en-US">Expenses by nature [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfExpensesByNatureExplanatory" xlink:label="ifrs-full_DisclosureOfExpensesByNatureExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfExpensesByNatureExplanatory" xlink:to="ifrs-full_DisclosureOfExpensesByNatureExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfExpensesByNatureExplanatory_lbl" xml:lang="en-US">EXPENSES BY NATURE</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingInconeAndExpensesAbstarct" xlink:label="sid_OtherOperatingInconeAndExpensesAbstarct" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherOperatingInconeAndExpensesAbstarct" xlink:to="sid_OtherOperatingInconeAndExpensesAbstarct_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherOperatingInconeAndExpensesAbstarct_lbl" xml:lang="en-US">Other Operating Income And Expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:label="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory_lbl" xml:lang="en-US">OTHER OPERATING INCOME AND EXPENSES</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfFinancialIncomeExpensesAbstract" xlink:label="sid_DisclosureOfFinancialIncomeExpensesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfFinancialIncomeExpensesAbstract" xlink:to="sid_DisclosureOfFinancialIncomeExpensesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisclosureOfFinancialIncomeExpensesAbstract_lbl" xml:lang="en-US">Financial Income</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory" xlink:label="ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory" xlink:to="ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory_lbl" xml:lang="en-US">FINANCIAL INCOME (EXPENSES)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:to="ifrs-full_DisclosureOfOperatingSegmentsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsAbstract_lbl" xml:lang="en-US">Disclosure of operating segments [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:label="ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:to="ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory_lbl" xml:lang="en-US">SEGMENT INFORMATION</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:to="ifrs-full_DisclosureOfDefinedBenefitPlansAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDefinedBenefitPlansAbstract_lbl" xml:lang="en-US">Disclosure of defined benefit plans [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:label="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:to="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfEmployeeBenefitsExplanatory_lbl" xml:lang="en-US">EMPLOYEE BENEFITS</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfCommitmentsAbstract" xlink:label="sid_DisclosureOfCommitmentsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfCommitmentsAbstract" xlink:to="sid_DisclosureOfCommitmentsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisclosureOfCommitmentsAbstract_lbl" xml:lang="en-US">Commitments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfCommitmentsExplanatory" xlink:label="ifrs-full_DisclosureOfCommitmentsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCommitmentsExplanatory" xlink:to="ifrs-full_DisclosureOfCommitmentsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfCommitmentsExplanatory_lbl" xml:lang="en-US">COMMITMENTS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTypesOfInsuranceContractsAbstract" xlink:label="ifrs-full_DisclosureOfTypesOfInsuranceContractsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTypesOfInsuranceContractsAbstract" xlink:to="ifrs-full_DisclosureOfTypesOfInsuranceContractsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTypesOfInsuranceContractsAbstract_lbl" xml:lang="en-US">Disclosure of types of insurance contracts [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfInsuranceContractsExplanatory" xlink:label="ifrs-full_DisclosureOfInsuranceContractsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfInsuranceContractsExplanatory" xlink:to="ifrs-full_DisclosureOfInsuranceContractsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfInsuranceContractsExplanatory_lbl" xml:lang="en-US">INSURANCE</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionalInformationToCashFlowsAbstract" xlink:label="sid_AdditionalInformationToCashFlowsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdditionalInformationToCashFlowsAbstract" xlink:to="sid_AdditionalInformationToCashFlowsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdditionalInformationToCashFlowsAbstract_lbl" xml:lang="en-US">Additional Information To Cash Flows [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfCashFlowStatementExplanatory" xlink:label="ifrs-full_DisclosureOfCashFlowStatementExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfCashFlowStatementExplanatory" xlink:to="ifrs-full_DisclosureOfCashFlowStatementExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfCashFlowStatementExplanatory_lbl" xml:lang="en-US">ADDITIONAL INFORMATION TO CASH FLOWS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:label="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:to="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract_lbl" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:label="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:to="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_lbl" xml:lang="en-US">SUBSEQUENT EVENTS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:label="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:to="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_lbl" xml:lang="en-US">Declaration of conformity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfBasisOfConsolidationExplanatory" xlink:label="ifrs-full_DisclosureOfBasisOfConsolidationExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfBasisOfConsolidationExplanatory" xlink:to="ifrs-full_DisclosureOfBasisOfConsolidationExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfBasisOfConsolidationExplanatory_lbl" xml:lang="en-US">Basis of presentation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:to="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_lbl" xml:lang="en-US">Functional currency and presentation currency</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfAccountingPolicyForExplanatoryNotesForBasisOfPresentationExplanatory" xlink:label="sid_DescriptionOfAccountingPolicyForExplanatoryNotesForBasisOfPresentationExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfAccountingPolicyForExplanatoryNotesForBasisOfPresentationExplanatory" xlink:to="sid_DescriptionOfAccountingPolicyForExplanatoryNotesForBasisOfPresentationExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfAccountingPolicyForExplanatoryNotesForBasisOfPresentationExplanatory_lbl" xml:lang="en-US">Explanatory notes for basis of presentation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations" xlink:label="ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations" xlink:to="ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations_lbl" xml:lang="en-US">Adoption of new and revised International Financial Reporting Standards (IFRS)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfCashAndCashEquivalentsTableTextBlock" xlink:label="sid_SummaryOfCashAndCashEquivalentsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfCashAndCashEquivalentsTableTextBlock" xlink:to="sid_SummaryOfCashAndCashEquivalentsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfCashAndCashEquivalentsTableTextBlock_lbl" xml:lang="en-US">Schedule of cash and cash equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DetailInformationOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:label="sid_DetailInformationOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DetailInformationOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:to="sid_DetailInformationOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DetailInformationOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory_lbl" xml:lang="en-US">Schedule of financial investment</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfTradeReceivablesTableTextBlock" xlink:label="sid_SummaryOfTradeReceivablesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfTradeReceivablesTableTextBlock" xlink:to="sid_SummaryOfTradeReceivablesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfTradeReceivablesTableTextBlock_lbl" xml:lang="en-US">Schedule of trade receivables</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfGrossTradeReceivablesFromThirdPartiesTableTextBlock" xlink:label="sid_SummaryOfGrossTradeReceivablesFromThirdPartiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfGrossTradeReceivablesFromThirdPartiesTableTextBlock" xlink:to="sid_SummaryOfGrossTradeReceivablesFromThirdPartiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfGrossTradeReceivablesFromThirdPartiesTableTextBlock_lbl" xml:lang="en-US">Schedule of gross trade receivables from third parties</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfChangesInAllowanceForDoubtfulDebtsTableTextBlock" xlink:label="sid_SummaryOfChangesInAllowanceForDoubtfulDebtsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfChangesInAllowanceForDoubtfulDebtsTableTextBlock" xlink:to="sid_SummaryOfChangesInAllowanceForDoubtfulDebtsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfChangesInAllowanceForDoubtfulDebtsTableTextBlock_lbl" xml:lang="en-US">Schedule of allowance for doubtful debts</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfInventoryTableTextBlock" xlink:label="sid_SummaryOfInventoryTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfInventoryTableTextBlock" xlink:to="sid_SummaryOfInventoryTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfInventoryTableTextBlock_lbl" xml:lang="en-US">Schedule of inventory</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfChangesInProvisionForInventoryLossesTableTextBlock" xlink:label="sid_SummaryOfChangesInProvisionForInventoryLossesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfChangesInProvisionForInventoryLossesTableTextBlock" xlink:to="sid_SummaryOfChangesInProvisionForInventoryLossesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfChangesInProvisionForInventoryLossesTableTextBlock_lbl" xml:lang="en-US">Schedule of provision for inventory losses</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfRecoverableTaxesTableTextBlock" xlink:label="sid_SummaryOfRecoverableTaxesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfRecoverableTaxesTableTextBlock" xlink:to="sid_SummaryOfRecoverableTaxesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfRecoverableTaxesTableTextBlock_lbl" xml:lang="en-US">Schedule of recoverable taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfOtherCurrentAndNoncurrentAssetsTableTextBlock" xlink:label="sid_SummaryOfOtherCurrentAndNoncurrentAssetsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfOtherCurrentAndNoncurrentAssetsTableTextBlock" xlink:to="sid_SummaryOfOtherCurrentAndNoncurrentAssetsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfOtherCurrentAndNoncurrentAssetsTableTextBlock_lbl" xml:lang="en-US">Schedule of other current and non-current assets</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfDirectAndIndirectSubsidiariesJointVenturesAndJointOperationsTableTextBlock" xlink:label="sid_SummaryOfDirectAndIndirectSubsidiariesJointVenturesAndJointOperationsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfDirectAndIndirectSubsidiariesJointVenturesAndJointOperationsTableTextBlock" xlink:to="sid_SummaryOfDirectAndIndirectSubsidiariesJointVenturesAndJointOperationsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfDirectAndIndirectSubsidiariesJointVenturesAndJointOperationsTableTextBlock_lbl" xml:lang="en-US">Schedule of direct and indirect subsidiaries, joint ventures and joint operations</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfDirectEquityInterestsInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock" xlink:label="sid_SummaryOfDirectEquityInterestsInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfDirectEquityInterestsInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock" xlink:to="sid_SummaryOfDirectEquityInterestsInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfDirectEquityInterestsInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock_lbl" xml:lang="en-US">Schedule of direct equity interests in subsidiaries, joint ventures, joint operations, associates and other investments</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfChangesOfInvestmentsBalancesInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock" xlink:label="sid_SummaryOfChangesOfInvestmentsBalancesInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfChangesOfInvestmentsBalancesInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock" xlink:to="sid_SummaryOfChangesOfInvestmentsBalancesInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfChangesOfInvestmentsBalancesInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock_lbl" xml:lang="en-US">Schedule of changes of investments balances in subsidiaries, joint ventures, joint operations, associates and other investments</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfEquityInResultsTableTextBlock" xlink:label="sid_SummaryOfEquityInResultsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfEquityInResultsTableTextBlock" xlink:to="sid_SummaryOfEquityInResultsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfEquityInResultsTableTextBlock_lbl" xml:lang="en-US">Schedule of equity in results</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfJointVenturesAndJointOperationsFinancialInformationTableTextBlock" xlink:label="sid_SummaryOfJointVenturesAndJointOperationsFinancialInformationTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfJointVenturesAndJointOperationsFinancialInformationTableTextBlock" xlink:to="sid_SummaryOfJointVenturesAndJointOperationsFinancialInformationTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfJointVenturesAndJointOperationsFinancialInformationTableTextBlock_lbl" xml:lang="en-US">Schedule of joint ventures and joint operations financial information</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfMeasurementOfRecoverableValueTableTextBlock" xlink:label="sid_ScheduleOfMeasurementOfRecoverableValueTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfMeasurementOfRecoverableValueTableTextBlock" xlink:to="sid_ScheduleOfMeasurementOfRecoverableValueTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfMeasurementOfRecoverableValueTableTextBlock_lbl" xml:lang="en-US">Schedule of measurement of recoverable value</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfInvestmentPropertiesTableTextBlock" xlink:label="sid_SummaryOfInvestmentPropertiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfInvestmentPropertiesTableTextBlock" xlink:to="sid_SummaryOfInvestmentPropertiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfInvestmentPropertiesTableTextBlock_lbl" xml:lang="en-US">Schedule of investment properties</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfAverageEstimatedUsefulLivesTableTextBlock" xlink:label="sid_ScheduleOfAverageEstimatedUsefulLivesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfAverageEstimatedUsefulLivesTableTextBlock" xlink:to="sid_ScheduleOfAverageEstimatedUsefulLivesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfAverageEstimatedUsefulLivesTableTextBlock_lbl" xml:lang="en-US">Schedule of average estimated useful lives</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfPropertyPlantAndEquipmentTableTextBlock" xlink:label="sid_SummaryOfPropertyPlantAndEquipmentTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfPropertyPlantAndEquipmentTableTextBlock" xlink:to="sid_SummaryOfPropertyPlantAndEquipmentTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfPropertyPlantAndEquipmentTableTextBlock_lbl" xml:lang="en-US">Schedule of property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfRightsOfUseTableTextBlock" xlink:label="sid_ScheduleOfRightsOfUseTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfRightsOfUseTableTextBlock" xlink:to="sid_ScheduleOfRightsOfUseTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfRightsOfUseTableTextBlock_lbl" xml:lang="en-US">Schedule of rights of use</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfEstimatedUsefulLivesTableTextBlock" xlink:label="sid_SummaryOfEstimatedUsefulLivesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfEstimatedUsefulLivesTableTextBlock" xlink:to="sid_SummaryOfEstimatedUsefulLivesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfEstimatedUsefulLivesTableTextBlock_lbl" xml:lang="en-US">Schedule of estimated useful lives</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfIntangibleAssetsTableTextBlock" xlink:label="sid_SummaryOfIntangibleAssetsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfIntangibleAssetsTableTextBlock" xlink:to="sid_SummaryOfIntangibleAssetsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfIntangibleAssetsTableTextBlock_lbl" xml:lang="en-US">Schedule of intangible assets</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock" xlink:label="sid_SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock" xlink:to="sid_SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock_lbl" xml:lang="en-US">Schedule of estimated useful lives</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfCashGeneratingUnitsTableTextBlock" xlink:label="sid_SummaryOfCashGeneratingUnitsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfCashGeneratingUnitsTableTextBlock" xlink:to="sid_SummaryOfCashGeneratingUnitsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfCashGeneratingUnitsTableTextBlock_lbl" xml:lang="en-US">Schedule of cash generating units</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfAssumptionsForIntangibleAssetImpairmentTestTableTextBlock" xlink:label="sid_SummaryOfAssumptionsForIntangibleAssetImpairmentTestTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfAssumptionsForIntangibleAssetImpairmentTestTableTextBlock" xlink:to="sid_SummaryOfAssumptionsForIntangibleAssetImpairmentTestTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfAssumptionsForIntangibleAssetImpairmentTestTableTextBlock_lbl" xml:lang="en-US">Schedule of assumptions for impairment test</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfBorrowingsFinancingAndDebenturesTableTextBlock" xlink:label="sid_SummaryOfBorrowingsFinancingAndDebenturesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfBorrowingsFinancingAndDebenturesTableTextBlock" xlink:to="sid_SummaryOfBorrowingsFinancingAndDebenturesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfBorrowingsFinancingAndDebenturesTableTextBlock_lbl" xml:lang="en-US">Schedule of financial assets borrowings, financing and debentures</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfAverageInterestRateOnBorrowingsTableTextBlock" xlink:label="sid_SummaryOfAverageInterestRateOnBorrowingsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfAverageInterestRateOnBorrowingsTableTextBlock" xlink:to="sid_SummaryOfAverageInterestRateOnBorrowingsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfAverageInterestRateOnBorrowingsTableTextBlock_lbl" xml:lang="en-US">Schedule of financial assets average interest rate</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfMaturitiesOfBorrowingsFinancingAndDebenturesTableTextBlock" xlink:label="sid_SummaryOfMaturitiesOfBorrowingsFinancingAndDebenturesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfMaturitiesOfBorrowingsFinancingAndDebenturesTableTextBlock" xlink:to="sid_SummaryOfMaturitiesOfBorrowingsFinancingAndDebenturesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfMaturitiesOfBorrowingsFinancingAndDebenturesTableTextBlock_lbl" xml:lang="en-US">Schedule of financial assets maturities of borrowings, financing and debentures</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfNewFundingTransactionsAndAmortizationTableTextBlock" xlink:label="sid_SummaryOfNewFundingTransactionsAndAmortizationTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfNewFundingTransactionsAndAmortizationTableTextBlock" xlink:to="sid_SummaryOfNewFundingTransactionsAndAmortizationTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfNewFundingTransactionsAndAmortizationTableTextBlock_lbl" xml:lang="en-US">Schedule of financial assets new funding transactions and amortization</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfGroupCapturesAndAmortizedLoansTableTextBlock" xlink:label="sid_SummaryOfGroupCapturesAndAmortizedLoansTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfGroupCapturesAndAmortizedLoansTableTextBlock" xlink:to="sid_SummaryOfGroupCapturesAndAmortizedLoansTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfGroupCapturesAndAmortizedLoansTableTextBlock_lbl" xml:lang="en-US">Schedule of financial assets group captures and amortized loans</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfFinancialInstrumentsTableTextBlock" xlink:label="sid_SummaryOfFinancialInstrumentsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfFinancialInstrumentsTableTextBlock" xlink:to="sid_SummaryOfFinancialInstrumentsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfFinancialInstrumentsTableTextBlock_lbl" xml:lang="en-US">Schedule of financial instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfFinancialInstrumentsAtFairValueThroughProfitOrLossTableTextBlock" xlink:label="sid_SummaryOfFinancialInstrumentsAtFairValueThroughProfitOrLossTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfFinancialInstrumentsAtFairValueThroughProfitOrLossTableTextBlock" xlink:to="sid_SummaryOfFinancialInstrumentsAtFairValueThroughProfitOrLossTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfFinancialInstrumentsAtFairValueThroughProfitOrLossTableTextBlock_lbl" xml:lang="en-US">Schedule of financial instruments at fair value through profit or loss</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfOtherOperatingIncomeAndExpensesTableTextBlock" xlink:label="sid_ScheduleOfOtherOperatingIncomeAndExpensesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfOtherOperatingIncomeAndExpensesTableTextBlock" xlink:to="sid_ScheduleOfOtherOperatingIncomeAndExpensesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfOtherOperatingIncomeAndExpensesTableTextBlock_lbl" xml:lang="en-US">Schedule of other Operating Income and Expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfForeignExchangeExposureTableTextBlock" xlink:label="sid_SummaryOfForeignExchangeExposureTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfForeignExchangeExposureTableTextBlock" xlink:to="sid_SummaryOfForeignExchangeExposureTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfForeignExchangeExposureTableTextBlock_lbl" xml:lang="en-US">Schedule of foreign exchange exposure</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfCurrenciesUsedInSensitivityAnalysisTableTextBlock" xlink:label="sid_SummaryOfCurrenciesUsedInSensitivityAnalysisTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfCurrenciesUsedInSensitivityAnalysisTableTextBlock" xlink:to="sid_SummaryOfCurrenciesUsedInSensitivityAnalysisTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfCurrenciesUsedInSensitivityAnalysisTableTextBlock_lbl" xml:lang="en-US">Schedule of currencies used in sensitivity analysis</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfSensitivityAnalysisEffectsOnIncomeStatementTableTextBlock" xlink:label="sid_SummaryOfSensitivityAnalysisEffectsOnIncomeStatementTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfSensitivityAnalysisEffectsOnIncomeStatementTableTextBlock" xlink:to="sid_SummaryOfSensitivityAnalysisEffectsOnIncomeStatementTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfSensitivityAnalysisEffectsOnIncomeStatementTableTextBlock_lbl" xml:lang="en-US">Schedule of sensitivity analysis effects on exchange position</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfSensitivityAnalysisEffectsOnClassOfSharesTableTextBlock" xlink:label="sid_ScheduleOfSensitivityAnalysisEffectsOnClassOfSharesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfSensitivityAnalysisEffectsOnClassOfSharesTableTextBlock" xlink:to="sid_ScheduleOfSensitivityAnalysisEffectsOnClassOfSharesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfSensitivityAnalysisEffectsOnClassOfSharesTableTextBlock_lbl" xml:lang="en-US">Schedule of sensitivity analysis effects on class of shares</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfSensitivityAnalysisOfInterestRateSwapsTableTextBlock" xlink:label="sid_SummaryOfSensitivityAnalysisOfInterestRateSwapsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfSensitivityAnalysisOfInterestRateSwapsTableTextBlock" xlink:to="sid_SummaryOfSensitivityAnalysisOfInterestRateSwapsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfSensitivityAnalysisOfInterestRateSwapsTableTextBlock_lbl" xml:lang="en-US">Schedule of sensitivity analysis of interest rate swaps</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfSensitivityAnalysisOfPriceRisksPlattsIndexTableTextBlock" xlink:label="sid_ScheduleOfSensitivityAnalysisOfPriceRisksPlattsIndexTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfSensitivityAnalysisOfPriceRisksPlattsIndexTableTextBlock" xlink:to="sid_ScheduleOfSensitivityAnalysisOfPriceRisksPlattsIndexTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfSensitivityAnalysisOfPriceRisksPlattsIndexTableTextBlock_lbl" xml:lang="en-US">Schedule of sensitivity analysis of price risks platts index</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfDollarEuroSwapTableTextBlock" xlink:label="sid_SummaryOfDollarEuroSwapTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfDollarEuroSwapTableTextBlock" xlink:to="sid_SummaryOfDollarEuroSwapTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfDollarEuroSwapTableTextBlock_lbl" xml:lang="en-US">Schedule of dollar x Euro swap</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfHedgingInstrumentsTableTextBlock" xlink:label="sid_SummaryOfHedgingInstrumentsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfHedgingInstrumentsTableTextBlock" xlink:to="sid_SummaryOfHedgingInstrumentsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfHedgingInstrumentsTableTextBlock_lbl" xml:lang="en-US">Schedule of hedging instruments</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfChangesInHedgeAccountingTableTextBlock" xlink:label="sid_SummaryOfChangesInHedgeAccountingTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfChangesInHedgeAccountingTableTextBlock" xlink:to="sid_SummaryOfChangesInHedgeAccountingTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfChangesInHedgeAccountingTableTextBlock_lbl" xml:lang="en-US">Schedule of changes in hedge accounting</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfReclassifiedToOtherOperatingIncomeAndExpensesTableTextBlock" xlink:label="sid_ScheduleOfReclassifiedToOtherOperatingIncomeAndExpensesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfReclassifiedToOtherOperatingIncomeAndExpensesTableTextBlock" xlink:to="sid_ScheduleOfReclassifiedToOtherOperatingIncomeAndExpensesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfReclassifiedToOtherOperatingIncomeAndExpensesTableTextBlock_lbl" xml:lang="en-US">Schedule of reclassified to other operating income and expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfChangesInHedgeAccountingPlattsTableTextBlock" xlink:label="sid_ScheduleOfChangesInHedgeAccountingPlattsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfChangesInHedgeAccountingPlattsTableTextBlock" xlink:to="sid_ScheduleOfChangesInHedgeAccountingPlattsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfChangesInHedgeAccountingPlattsTableTextBlock_lbl" xml:lang="en-US">Schedule of changes in hedge accounting platts</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfNonDerivativeFinancialLiabilitiesTableTextBlock" xlink:label="sid_SummaryOfNonDerivativeFinancialLiabilitiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfNonDerivativeFinancialLiabilitiesTableTextBlock" xlink:to="sid_SummaryOfNonDerivativeFinancialLiabilitiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfNonDerivativeFinancialLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Schedule of non-derivative financial liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfBalanceSheetAndStatementOfIncome" xlink:label="sid_ScheduleOfBalanceSheetAndStatementOfIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfBalanceSheetAndStatementOfIncome" xlink:to="sid_ScheduleOfBalanceSheetAndStatementOfIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfBalanceSheetAndStatementOfIncome_lbl" xml:lang="en-US">Schedule of balance sheet and statement of income</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfChangesInNetInvestmentHedgeTableTextBlock" xlink:label="sid_SummaryOfChangesInNetInvestmentHedgeTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfChangesInNetInvestmentHedgeTableTextBlock" xlink:to="sid_SummaryOfChangesInNetInvestmentHedgeTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfChangesInNetInvestmentHedgeTableTextBlock_lbl" xml:lang="en-US">Schedule of changes in net investment hedge</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfContractualMaturitiesOfFinancialLiabilitiesTableTextBlock" xlink:label="sid_SummaryOfContractualMaturitiesOfFinancialLiabilitiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfContractualMaturitiesOfFinancialLiabilitiesTableTextBlock" xlink:to="sid_SummaryOfContractualMaturitiesOfFinancialLiabilitiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfContractualMaturitiesOfFinancialLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Schedule of contractual maturities of financial liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfFairValuesOfAssetsAndLiabilitiesTableTextBlock" xlink:label="sid_ScheduleOfFairValuesOfAssetsAndLiabilitiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfFairValuesOfAssetsAndLiabilitiesTableTextBlock" xlink:to="sid_ScheduleOfFairValuesOfAssetsAndLiabilitiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfFairValuesOfAssetsAndLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Schedule of fair values of assets and liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfCapitalManagementTableTextBlock" xlink:label="sid_ScheduleOfCapitalManagementTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfCapitalManagementTableTextBlock" xlink:to="sid_ScheduleOfCapitalManagementTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfCapitalManagementTableTextBlock_lbl" xml:lang="en-US">Schedule of capital Management</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfOtherPayablesTableTextBlock" xlink:label="sid_SummaryOfOtherPayablesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfOtherPayablesTableTextBlock" xlink:to="sid_SummaryOfOtherPayablesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfOtherPayablesTableTextBlock_lbl" xml:lang="en-US">Schedule of other payables</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfLeaseLiabilitiesTableTextBlock" xlink:label="sid_ScheduleOfLeaseLiabilitiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfLeaseLiabilitiesTableTextBlock" xlink:to="sid_ScheduleOfLeaseLiabilitiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfLeaseLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Schedule of lease liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfOperatingLeaseCommitments" xlink:label="sid_ScheduleOfOperatingLeaseCommitments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfOperatingLeaseCommitments" xlink:to="sid_ScheduleOfOperatingLeaseCommitments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfOperatingLeaseCommitments_lbl" xml:lang="en-US">Schedule of operating lease commitments</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfAverageRatesUsedMeasureLeaseTableTextBlock" xlink:label="sid_ScheduleOfAverageRatesUsedMeasureLeaseTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfAverageRatesUsedMeasureLeaseTableTextBlock" xlink:to="sid_ScheduleOfAverageRatesUsedMeasureLeaseTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfAverageRatesUsedMeasureLeaseTableTextBlock_lbl" xml:lang="en-US">Schedule of average rates used measure lease</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfChangesInLeaseLiabilitiesTableTextBlock" xlink:label="sid_ScheduleOfChangesInLeaseLiabilitiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfChangesInLeaseLiabilitiesTableTextBlock" xlink:to="sid_ScheduleOfChangesInLeaseLiabilitiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfChangesInLeaseLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Schedule of changes in lease liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfMinimumFuturePaymentsTableTextBlock" xlink:label="sid_ScheduleOfMinimumFuturePaymentsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfMinimumFuturePaymentsTableTextBlock" xlink:to="sid_ScheduleOfMinimumFuturePaymentsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfMinimumFuturePaymentsTableTextBlock_lbl" xml:lang="en-US">Schedule of minimum future payments</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfPisAndCofinsRecoverableTableTextBlock" xlink:label="sid_ScheduleOfPisAndCofinsRecoverableTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfPisAndCofinsRecoverableTableTextBlock" xlink:to="sid_ScheduleOfPisAndCofinsRecoverableTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfPisAndCofinsRecoverableTableTextBlock_lbl" xml:lang="en-US">Schedule of PIS and COFINS recoverable</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfExpensesRelatedToPaymentsTableTextBlock" xlink:label="sid_ScheduleOfExpensesRelatedToPaymentsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfExpensesRelatedToPaymentsTableTextBlock" xlink:to="sid_ScheduleOfExpensesRelatedToPaymentsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfExpensesRelatedToPaymentsTableTextBlock_lbl" xml:lang="en-US">Schedule of expenses related to payments</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfLeaseLiabilities" xlink:label="sid_ScheduleOfLeaseLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfLeaseLiabilities" xlink:to="sid_ScheduleOfLeaseLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ScheduleOfLeaseLiabilities_lbl" xml:lang="en-US">Schedule of lease liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfMovementOfLeaseLiabilitiesTableTextBlock" xlink:label="sid_ScheduleOfMovementOfLeaseLiabilitiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfMovementOfLeaseLiabilitiesTableTextBlock" xlink:to="sid_ScheduleOfMovementOfLeaseLiabilitiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfMovementOfLeaseLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Schedule of movement of lease liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfEstimatedFutureMinimumPaymentsForLeaseAgreementsTableTextBlock" xlink:label="sid_ScheduleOfEstimatedFutureMinimumPaymentsForLeaseAgreementsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfEstimatedFutureMinimumPaymentsForLeaseAgreementsTableTextBlock" xlink:to="sid_ScheduleOfEstimatedFutureMinimumPaymentsForLeaseAgreementsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfEstimatedFutureMinimumPaymentsForLeaseAgreementsTableTextBlock_lbl" xml:lang="en-US">Schedule of estimated future minimum payments for the lease agreements</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecoverablePisCofinsTableTextBlock" xlink:label="sid_RecoverablePisCofinsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RecoverablePisCofinsTableTextBlock" xlink:to="sid_RecoverablePisCofinsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RecoverablePisCofinsTableTextBlock_lbl" xml:lang="en-US">Schedule of recoverable PIS / COFINS</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfMeasurementOfLeaseLiabilityTableTextBlock" xlink:label="sid_ScheduleOfMeasurementOfLeaseLiabilityTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfMeasurementOfLeaseLiabilityTableTextBlock" xlink:to="sid_ScheduleOfMeasurementOfLeaseLiabilityTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfMeasurementOfLeaseLiabilityTableTextBlock_lbl" xml:lang="en-US">Schedule of measurement of the lease liability</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfComparativeBalancesOfLeaseLiabilitiesTableTextBlock" xlink:label="sid_ScheduleOfComparativeBalancesOfLeaseLiabilitiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfComparativeBalancesOfLeaseLiabilitiesTableTextBlock" xlink:to="sid_ScheduleOfComparativeBalancesOfLeaseLiabilitiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfComparativeBalancesOfLeaseLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Schedule of comparative balances of lease liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfTradePayablesTableTextBlock" xlink:label="sid_ScheduleOfTradePayablesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfTradePayablesTableTextBlock" xlink:to="sid_ScheduleOfTradePayablesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfTradePayablesTableTextBlock_lbl" xml:lang="en-US">Schedule of trade payables</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock" xlink:label="sid_SummaryOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock" xlink:to="sid_SummaryOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock_lbl" xml:lang="en-US">Schedule of income tax and social contribution income (expense)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfReconciliationOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock" xlink:label="sid_SummaryOfReconciliationOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfReconciliationOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock" xlink:to="sid_SummaryOfReconciliationOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfReconciliationOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock_lbl" xml:lang="en-US">Schedule of reconciliation of income tax and social contribution income (expense)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfDeferredIncomeTaxAndSocialContributionTableTextBlock" xlink:label="sid_SummaryOfDeferredIncomeTaxAndSocialContributionTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfDeferredIncomeTaxAndSocialContributionTableTextBlock" xlink:to="sid_SummaryOfDeferredIncomeTaxAndSocialContributionTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfDeferredIncomeTaxAndSocialContributionTableTextBlock_lbl" xml:lang="en-US">Schedule of deferred income tax and social contribution</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfEstimatedRecoveryOfDeferredTaxAssetsTableTextBlock" xlink:label="sid_ScheduleOfEstimatedRecoveryOfDeferredTaxAssetsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfEstimatedRecoveryOfDeferredTaxAssetsTableTextBlock" xlink:to="sid_ScheduleOfEstimatedRecoveryOfDeferredTaxAssetsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfEstimatedRecoveryOfDeferredTaxAssetsTableTextBlock_lbl" xml:lang="en-US">Schedule of estimated recovery of deferred tax assets</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfInventoriesIncomeTaxAndSocialContributionRecognizedInShareholdersEquityExplanatory" xlink:label="sid_DisclosureOfInventoriesIncomeTaxAndSocialContributionRecognizedInShareholdersEquityExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfInventoriesIncomeTaxAndSocialContributionRecognizedInShareholdersEquityExplanatory" xlink:to="sid_DisclosureOfInventoriesIncomeTaxAndSocialContributionRecognizedInShareholdersEquityExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisclosureOfInventoriesIncomeTaxAndSocialContributionRecognizedInShareholdersEquityExplanatory_lbl" xml:lang="en-US">Schedule of income tax and social contribution recognized in shareholders' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfDeferredTaxAssetsOnTaxLossesAndTemporaryDifferencesTableTextBlock" xlink:label="sid_SummaryOfDeferredTaxAssetsOnTaxLossesAndTemporaryDifferencesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfDeferredTaxAssetsOnTaxLossesAndTemporaryDifferencesTableTextBlock" xlink:to="sid_SummaryOfDeferredTaxAssetsOnTaxLossesAndTemporaryDifferencesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfDeferredTaxAssetsOnTaxLossesAndTemporaryDifferencesTableTextBlock_lbl" xml:lang="en-US">Schedule of deferred tax assets on tax losses and temporary differences</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfTaxesInInstallmentsTableTextBlock" xlink:label="sid_SummaryOfTaxesInInstallmentsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfTaxesInInstallmentsTableTextBlock" xlink:to="sid_SummaryOfTaxesInInstallmentsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfTaxesInInstallmentsTableTextBlock_lbl" xml:lang="en-US">Schedule of taxes in installments</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfAccruedAmountsAndJudicialDepositsTableTextBlock" xlink:label="sid_SummaryOfAccruedAmountsAndJudicialDepositsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfAccruedAmountsAndJudicialDepositsTableTextBlock" xlink:to="sid_SummaryOfAccruedAmountsAndJudicialDepositsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfAccruedAmountsAndJudicialDepositsTableTextBlock_lbl" xml:lang="en-US">Schedule of accrued amounts and judicial deposits</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfChangesInProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksTableTextBlock" xlink:label="sid_SummaryOfChangesInProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfChangesInProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksTableTextBlock" xlink:to="sid_SummaryOfChangesInProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfChangesInProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksTableTextBlock_lbl" xml:lang="en-US">Schedule of changes in the provision for tax, social security, labor, civil and environmental risks</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfLegalMattersWithPossibleRiskOfLossTableTextBlock" xlink:label="sid_SummaryOfLegalMattersWithPossibleRiskOfLossTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfLegalMattersWithPossibleRiskOfLossTableTextBlock" xlink:to="sid_SummaryOfLegalMattersWithPossibleRiskOfLossTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfLegalMattersWithPossibleRiskOfLossTableTextBlock_lbl" xml:lang="en-US">Schedule of legal matters with possible risk of loss</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract" xlink:to="sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract_2_lbl" xml:lang="en-US">Provision For Environmental Liabilities And Asset Retiremment Obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationTableTextBlock" xlink:label="sid_SummaryOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationTableTextBlock" xlink:to="sid_SummaryOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationTableTextBlock_lbl" xml:lang="en-US">Schedule of provision for environmental liabilities and asset retirement obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionAssetsAndLiabilitiesTableTextBlock" xlink:label="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionAssetsAndLiabilitiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionAssetsAndLiabilitiesTableTextBlock" xlink:to="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionAssetsAndLiabilitiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionAssetsAndLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Schedule of transactions with subsidiaries, joint ventures, associates, exclusive funds and other related parties, by transaction - assets and liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionStatementOfIncomeTableTextBlock" xlink:label="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionStatementOfIncomeTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionStatementOfIncomeTableTextBlock" xlink:to="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionStatementOfIncomeTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionStatementOfIncomeTableTextBlock_lbl" xml:lang="en-US">Schedule of transactions with subsidiaries, joint ventures, associates, exclusive funds and other related parties, by transaction - statement of income</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyAssetsAndLiabilitiesTableTextBlock" xlink:label="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyAssetsAndLiabilitiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyAssetsAndLiabilitiesTableTextBlock" xlink:to="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyAssetsAndLiabilitiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyAssetsAndLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Schedule of transactions with subsidiaries, joint ventures, associates, exclusive funds and other related parties, by company - assets and liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyStatementOfIncomeTableTextBlock" xlink:label="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyStatementOfIncomeTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyStatementOfIncomeTableTextBlock" xlink:to="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyStatementOfIncomeTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyStatementOfIncomeTableTextBlock_lbl" xml:lang="en-US">Schedule of transactions with subsidiaries, joint ventures, associates, exclusive funds and other related parties, by company - statement of income</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfKeyManagementPersonnelCompensationTableTextBlock" xlink:label="sid_SummaryOfKeyManagementPersonnelCompensationTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfKeyManagementPersonnelCompensationTableTextBlock" xlink:to="sid_SummaryOfKeyManagementPersonnelCompensationTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfKeyManagementPersonnelCompensationTableTextBlock_lbl" xml:lang="en-US">Schedule of key management personnel compensation</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfGuaranteesTableTextBlock" xlink:label="sid_ScheduleOfGuaranteesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfGuaranteesTableTextBlock" xlink:to="sid_ScheduleOfGuaranteesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfGuaranteesTableTextBlock_lbl" xml:lang="en-US">Schedule of guarantees</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfOwnershipStructureTableTextBlock" xlink:label="sid_SummaryOfOwnershipStructureTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfOwnershipStructureTableTextBlock" xlink:to="sid_SummaryOfOwnershipStructureTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfOwnershipStructureTableTextBlock_lbl" xml:lang="en-US">Schedule of ownership structure</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfShareBuybackProgramsTableTextBlock" xlink:label="sid_SummaryOfShareBuybackProgramsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfShareBuybackProgramsTableTextBlock" xlink:to="sid_SummaryOfShareBuybackProgramsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfShareBuybackProgramsTableTextBlock_lbl" xml:lang="en-US">Schedule of share buyback programs</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfPositionOfTreasurySharesTableTextBlock" xlink:label="sid_SummaryOfPositionOfTreasurySharesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfPositionOfTreasurySharesTableTextBlock" xlink:to="sid_SummaryOfPositionOfTreasurySharesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfPositionOfTreasurySharesTableTextBlock_lbl" xml:lang="en-US">Schedule of position of treasury shares</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfBasicEarningsLossPerShareTableTextBlock" xlink:label="sid_SummaryOfBasicEarningsLossPerShareTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfBasicEarningsLossPerShareTableTextBlock" xlink:to="sid_SummaryOfBasicEarningsLossPerShareTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfBasicEarningsLossPerShareTableTextBlock_lbl" xml:lang="en-US">Schedule of basic earnings (loss) per share</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfDeliberateAndPaidDividendsTableTextBlock" xlink:label="sid_SummaryOfDeliberateAndPaidDividendsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfDeliberateAndPaidDividendsTableTextBlock" xlink:to="sid_SummaryOfDeliberateAndPaidDividendsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfDeliberateAndPaidDividendsTableTextBlock_lbl" xml:lang="en-US">Schedule of deliberate and paid dividends</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfDistributionsOfDividendsAndInterestTableTextBlock" xlink:label="sid_ScheduleOfDistributionsOfDividendsAndInterestTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfDistributionsOfDividendsAndInterestTableTextBlock" xlink:to="sid_ScheduleOfDistributionsOfDividendsAndInterestTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfDistributionsOfDividendsAndInterestTableTextBlock_lbl" xml:lang="en-US">Schedule of distributions of dividends and interest</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfDividendsAndInterestOnEquityTableTextBlock" xlink:label="sid_ScheduleOfDividendsAndInterestOnEquityTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfDividendsAndInterestOnEquityTableTextBlock" xlink:to="sid_ScheduleOfDividendsAndInterestOnEquityTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfDividendsAndInterestOnEquityTableTextBlock_lbl" xml:lang="en-US">Schedule of dividends and interest on equity</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfNetSalesRevenueExplanatory" xlink:label="sid_ScheduleOfNetSalesRevenueExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfNetSalesRevenueExplanatory" xlink:to="sid_ScheduleOfNetSalesRevenueExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfNetSalesRevenueExplanatory_lbl" xml:lang="en-US">Schedule of net sales revenue</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfExpensesByNatureTableTextBlock" xlink:label="sid_SummaryOfExpensesByNatureTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfExpensesByNatureTableTextBlock" xlink:to="sid_SummaryOfExpensesByNatureTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfExpensesByNatureTableTextBlock_lbl" xml:lang="en-US">Schedule of expenses by nature</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfDepreciationAmortizationAndDepletionExplanatory" xlink:label="sid_DisclosureOfDepreciationAmortizationAndDepletionExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfDepreciationAmortizationAndDepletionExplanatory" xlink:to="sid_DisclosureOfDepreciationAmortizationAndDepletionExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisclosureOfDepreciationAmortizationAndDepletionExplanatory_lbl" xml:lang="en-US">Schedule of depreciation, amortization and depletion</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfOtherOperatingIncomeExpensesTableTextBlock" xlink:label="sid_SummaryOfOtherOperatingIncomeExpensesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfOtherOperatingIncomeExpensesTableTextBlock" xlink:to="sid_SummaryOfOtherOperatingIncomeExpensesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfOtherOperatingIncomeExpensesTableTextBlock_lbl" xml:lang="en-US">Schedule of other operating income (expenses)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfFinancialIncomeExpensesAbstract" xlink:to="sid_DisclosureOfFinancialIncomeExpensesAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_DisclosureOfFinancialIncomeExpensesAbstract_2_lbl" xml:lang="en-US">Financial Income Expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfFinancialIncomeExpensesTableTextBlock" xlink:label="sid_SummaryOfFinancialIncomeExpensesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfFinancialIncomeExpensesTableTextBlock" xlink:to="sid_SummaryOfFinancialIncomeExpensesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfFinancialIncomeExpensesTableTextBlock_lbl" xml:lang="en-US">Schedule of financial income (expenses)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfConsolidatedSegmentResultsTableTextBlock" xlink:label="sid_SummaryOfConsolidatedSegmentResultsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfConsolidatedSegmentResultsTableTextBlock" xlink:to="sid_SummaryOfConsolidatedSegmentResultsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfConsolidatedSegmentResultsTableTextBlock_lbl" xml:lang="en-US">Schedule of consolidated results</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfSegmentEbitdaAndAdjustedEbitdaTableTextBlock" xlink:label="sid_SummaryOfSegmentEbitdaAndAdjustedEbitdaTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfSegmentEbitdaAndAdjustedEbitdaTableTextBlock" xlink:to="sid_SummaryOfSegmentEbitdaAndAdjustedEbitdaTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfSegmentEbitdaAndAdjustedEbitdaTableTextBlock_lbl" xml:lang="en-US">Schedule of EBITDA and Adjusted EBITDA</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfActuarialEmployeeBenefitAssetsAndLiabilitiesTableTextBlock" xlink:label="sid_SummaryOfActuarialEmployeeBenefitAssetsAndLiabilitiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfActuarialEmployeeBenefitAssetsAndLiabilitiesTableTextBlock" xlink:to="sid_SummaryOfActuarialEmployeeBenefitAssetsAndLiabilitiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfActuarialEmployeeBenefitAssetsAndLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Schedule of actuarial employee benefit assets and liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfReconciliationOfEmployeeBenefitsAssetsAndLiabilitiesTableTextBlock" xlink:label="sid_SummaryOfReconciliationOfEmployeeBenefitsAssetsAndLiabilitiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfReconciliationOfEmployeeBenefitsAssetsAndLiabilitiesTableTextBlock" xlink:to="sid_SummaryOfReconciliationOfEmployeeBenefitsAssetsAndLiabilitiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfReconciliationOfEmployeeBenefitsAssetsAndLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Schedule of reconciliation of employee benefits' assets and liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfChangesInPresentValueOfDefinedBenefitObligationTableTextBlock" xlink:label="sid_SummaryOfChangesInPresentValueOfDefinedBenefitObligationTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfChangesInPresentValueOfDefinedBenefitObligationTableTextBlock" xlink:to="sid_SummaryOfChangesInPresentValueOfDefinedBenefitObligationTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfChangesInPresentValueOfDefinedBenefitObligationTableTextBlock_lbl" xml:lang="en-US">Schedule of defined benefit obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfChangesInFairValueOfPlanAssetsTableTextBlock" xlink:label="sid_SummaryOfChangesInFairValueOfPlanAssetsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfChangesInFairValueOfPlanAssetsTableTextBlock" xlink:to="sid_SummaryOfChangesInFairValueOfPlanAssetsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfChangesInFairValueOfPlanAssetsTableTextBlock_lbl" xml:lang="en-US">Schedule of changes in fair value of the plan assets</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfEmployeeBenefitsRecognizedInIncomeStatementTableTextBlock" xlink:label="sid_SummaryOfEmployeeBenefitsRecognizedInIncomeStatementTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfEmployeeBenefitsRecognizedInIncomeStatementTableTextBlock" xlink:to="sid_SummaryOfEmployeeBenefitsRecognizedInIncomeStatementTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfEmployeeBenefitsRecognizedInIncomeStatementTableTextBlock_lbl" xml:lang="en-US">Schedule of employee benefits recognized in the income statement</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfChangesInActuarialGainsAndLossesTableTextBlock" xlink:label="sid_SummaryOfChangesInActuarialGainsAndLossesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfChangesInActuarialGainsAndLossesTableTextBlock" xlink:to="sid_SummaryOfChangesInActuarialGainsAndLossesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfChangesInActuarialGainsAndLossesTableTextBlock_lbl" xml:lang="en-US">Schedule of actuarial gains and losses</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfBreakdownOfActuarialGainsOrLossesTableTextBlock" xlink:label="sid_SummaryOfBreakdownOfActuarialGainsOrLossesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfBreakdownOfActuarialGainsOrLossesTableTextBlock" xlink:to="sid_SummaryOfBreakdownOfActuarialGainsOrLossesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfBreakdownOfActuarialGainsOrLossesTableTextBlock_lbl" xml:lang="en-US">Schedule of breakdown of actuarial gains or losses</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfActuarialAssumptionsUsedTableTextBlock" xlink:label="sid_SummaryOfActuarialAssumptionsUsedTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfActuarialAssumptionsUsedTableTextBlock" xlink:to="sid_SummaryOfActuarialAssumptionsUsedTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfActuarialAssumptionsUsedTableTextBlock_lbl" xml:lang="en-US">Schedule of actuarial assumptions used</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfAverageLifeExpectancyTableTextBlock" xlink:label="sid_SummaryOfAverageLifeExpectancyTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfAverageLifeExpectancyTableTextBlock" xlink:to="sid_SummaryOfAverageLifeExpectancyTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfAverageLifeExpectancyTableTextBlock_lbl" xml:lang="en-US">Schedule of average life expectancy</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfAllocationOfPlanAssetsTableTextBlock" xlink:label="sid_SummaryOfAllocationOfPlanAssetsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfAllocationOfPlanAssetsTableTextBlock" xlink:to="sid_SummaryOfAllocationOfPlanAssetsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfAllocationOfPlanAssetsTableTextBlock_lbl" xml:lang="en-US">Schedule of allocation of plan assets</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPensionPlansTableTextBlock" xlink:label="sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPensionPlansTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPensionPlansTableTextBlock" xlink:to="sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPensionPlansTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPensionPlansTableTextBlock_lbl" xml:lang="en-US">Schedule of quantitative sensitivity analysis regarding the significant assumptions for the pension plans</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfForecastBenefitPaymentsOfDefinedBenefitPlansTableTextBlock" xlink:label="sid_SummaryOfForecastBenefitPaymentsOfDefinedBenefitPlansTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfForecastBenefitPaymentsOfDefinedBenefitPlansTableTextBlock" xlink:to="sid_SummaryOfForecastBenefitPaymentsOfDefinedBenefitPlansTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfForecastBenefitPaymentsOfDefinedBenefitPlansTableTextBlock_lbl" xml:lang="en-US">Schedule of forecast benefit payments of the defined benefit plans</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfPostEmploymentHealthCarePlanAmountsTableTextBlock" xlink:label="sid_SummaryOfPostEmploymentHealthCarePlanAmountsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfPostEmploymentHealthCarePlanAmountsTableTextBlock" xlink:to="sid_SummaryOfPostEmploymentHealthCarePlanAmountsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfPostEmploymentHealthCarePlanAmountsTableTextBlock_lbl" xml:lang="en-US">Schedule of post-employment health care plan amounts</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfReconciliationOfHealthcareLiabilitiesTableTextBlock" xlink:label="sid_SummaryOfReconciliationOfHealthcareLiabilitiesTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfReconciliationOfHealthcareLiabilitiesTableTextBlock" xlink:to="sid_SummaryOfReconciliationOfHealthcareLiabilitiesTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfReconciliationOfHealthcareLiabilitiesTableTextBlock_lbl" xml:lang="en-US">Schedule of reconciliation of the healthcare liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfActuarialGainsAndLossesRecognizedInShareholdersEquityTableTextBlock" xlink:label="sid_SummaryOfActuarialGainsAndLossesRecognizedInShareholdersEquityTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfActuarialGainsAndLossesRecognizedInShareholdersEquityTableTextBlock" xlink:to="sid_SummaryOfActuarialGainsAndLossesRecognizedInShareholdersEquityTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfActuarialGainsAndLossesRecognizedInShareholdersEquityTableTextBlock_lbl" xml:lang="en-US">Schedule of actuarial gains and losses recognized in shareholders' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfWeightedAverageLifeExpectancyTableTextBlock" xlink:label="sid_SummaryOfWeightedAverageLifeExpectancyTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfWeightedAverageLifeExpectancyTableTextBlock" xlink:to="sid_SummaryOfWeightedAverageLifeExpectancyTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfWeightedAverageLifeExpectancyTableTextBlock_lbl" xml:lang="en-US">Schedule of weighted average life expectancy</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfActuarialAssumptionsUsedForCalculatingPostEmploymentHealthcareBenefitsTableTextBlock" xlink:label="sid_SummaryOfActuarialAssumptionsUsedForCalculatingPostEmploymentHealthcareBenefitsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfActuarialAssumptionsUsedForCalculatingPostEmploymentHealthcareBenefitsTableTextBlock" xlink:to="sid_SummaryOfActuarialAssumptionsUsedForCalculatingPostEmploymentHealthcareBenefitsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfActuarialAssumptionsUsedForCalculatingPostEmploymentHealthcareBenefitsTableTextBlock_lbl" xml:lang="en-US">Schedule of actuarial assumptions used for calculating postemployment healthcare benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPostEmploymentHealthcarePlansTableTextBlock" xlink:label="sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPostEmploymentHealthcarePlansTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPostEmploymentHealthcarePlansTableTextBlock" xlink:to="sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPostEmploymentHealthcarePlansTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPostEmploymentHealthcarePlansTableTextBlock_lbl" xml:lang="en-US">Schedule of quantitative sensitivity analysis regarding the significant assumptions for the postemployment healthcare plans</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfForecastBenefitPaymentsOfPostEmploymentHealthcarePlansTableTextBlock" xlink:label="sid_SummaryOfForecastBenefitPaymentsOfPostEmploymentHealthcarePlansTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfForecastBenefitPaymentsOfPostEmploymentHealthcarePlansTableTextBlock" xlink:to="sid_SummaryOfForecastBenefitPaymentsOfPostEmploymentHealthcarePlansTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfForecastBenefitPaymentsOfPostEmploymentHealthcarePlansTableTextBlock_lbl" xml:lang="en-US">Schedule of forecast benefit payments of the postemployment healthcare plans</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfTakeOrPayContractsTableTextBlock" xlink:label="sid_SummaryOfTakeOrPayContractsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfTakeOrPayContractsTableTextBlock" xlink:to="sid_SummaryOfTakeOrPayContractsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfTakeOrPayContractsTableTextBlock_lbl" xml:lang="en-US">Schedule of take-or-pay contracts</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfAdditionalInformationRelatedToStatementOfCashFlowsTableTextBlock" xlink:label="sid_SummaryOfAdditionalInformationRelatedToStatementOfCashFlowsTableTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfAdditionalInformationRelatedToStatementOfCashFlowsTableTextBlock" xlink:to="sid_SummaryOfAdditionalInformationRelatedToStatementOfCashFlowsTableTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfAdditionalInformationRelatedToStatementOfCashFlowsTableTextBlock_lbl" xml:lang="en-US">Schedule of additional information related to statement of cash flows</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfBusinessTable" xlink:label="sid_DescriptionOfBusinessTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfBusinessTable" xlink:to="sid_DescriptionOfBusinessTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfBusinessTable_lbl" xml:lang="en-US">DescriptionOfBusinessTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfBusinessLineItems" xlink:label="sid_DescriptionOfBusinessLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfBusinessLineItems" xlink:to="sid_DescriptionOfBusinessLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfBusinessLineItems_lbl" xml:lang="en-US">DescriptionOfBusinessLineItems [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfOperatingActivities" xlink:label="sid_NumberOfOperatingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NumberOfOperatingActivities" xlink:to="sid_NumberOfOperatingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NumberOfOperatingActivities_lbl" xml:lang="en-US">Number of operating activities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:label="ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:to="ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_lbl" xml:lang="en-US">Investments on mining</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SelfSufficientInstalledCapacity" xlink:label="sid_SelfSufficientInstalledCapacity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SelfSufficientInstalledCapacity" xlink:to="sid_SelfSufficientInstalledCapacity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SelfSufficientInstalledCapacity_lbl" xml:lang="en-US">Self-sufficient installed capacity</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AmortizationOfLoansAndFinancing" xlink:label="sid_AmortizationOfLoansAndFinancing" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AmortizationOfLoansAndFinancing" xlink:to="sid_AmortizationOfLoansAndFinancing_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AmortizationOfLoansAndFinancing_lbl" xml:lang="en-US">Amortization of loans and financing</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_2_lbl" xml:lang="en-US">Repayments of borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NotionalAmount" xlink:label="ifrs-full_NotionalAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotionalAmount" xlink:to="ifrs-full_NotionalAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NotionalAmount_lbl" xml:lang="en-US">Face amount</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfProductionProcess" xlink:label="sid_DescriptionOfProductionProcess" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfProductionProcess" xlink:to="sid_DescriptionOfProductionProcess_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfProductionProcess_lbl" xml:lang="en-US">Description of production process</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingMaturity" xlink:label="sid_BorrowingMaturity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingMaturity" xlink:to="sid_BorrowingMaturity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BorrowingMaturity_lbl" xml:lang="en-US">Borrowings, maturity</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Liquidity" xlink:label="sid_Liquidity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Liquidity" xlink:to="sid_Liquidity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_Liquidity_lbl" xml:lang="en-US">Liquidity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfChangesInAccountingEstimatesTable" xlink:label="ifrs-full_DisclosureOfChangesInAccountingEstimatesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfChangesInAccountingEstimatesTable" xlink:to="ifrs-full_DisclosureOfChangesInAccountingEstimatesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfChangesInAccountingEstimatesTable_lbl" xml:lang="en-US">Disclosure of changes in accounting estimates [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfChangesInAccountingEstimatesLineItems" xlink:label="ifrs-full_DisclosureOfChangesInAccountingEstimatesLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfChangesInAccountingEstimatesLineItems" xlink:to="ifrs-full_DisclosureOfChangesInAccountingEstimatesLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfChangesInAccountingEstimatesLineItems_lbl" xml:lang="en-US">Disclosure of changes in accounting estimates [line items]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRates" xlink:label="sid_ExchangeRates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeRates" xlink:to="sid_ExchangeRates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExchangeRates_lbl" xml:lang="en-US">Equivalent</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfCorporateStaff" xlink:label="sid_PercentageOfCorporateStaff" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfCorporateStaff" xlink:to="sid_PercentageOfCorporateStaff_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PercentageOfCorporateStaff_lbl" xml:lang="en-US">Percentage of corporate staff</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccumulatedLosses" xlink:label="sid_AccumulatedLosses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AccumulatedLosses" xlink:to="sid_AccumulatedLosses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AccumulatedLosses_lbl" xml:lang="en-US">Accumulated gain (losses)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashAndCashEquivalentTable" xlink:label="sid_CashAndCashEquivalentTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashAndCashEquivalentTable" xlink:to="sid_CashAndCashEquivalentTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashAndCashEquivalentTable_lbl" xml:lang="en-US">CashAndCashEquivalentTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashAndCashEquivalentLineItems" xlink:label="sid_CashAndCashEquivalentLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashAndCashEquivalentLineItems" xlink:to="sid_CashAndCashEquivalentLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashAndCashEquivalentLineItems_lbl" xml:lang="en-US">CashAndCashEquivalentLineItems [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAndCashEquivalentsAbstract" xlink:label="ifrs-full_CashAndCashEquivalentsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAndCashEquivalentsAbstract" xlink:to="ifrs-full_CashAndCashEquivalentsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashAndCashEquivalentsAbstract_lbl" xml:lang="en-US">Current cash and cash equivalents</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BalancesWithBanks" xlink:label="ifrs-full_BalancesWithBanks" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BalancesWithBanks" xlink:to="ifrs-full_BalancesWithBanks_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BalancesWithBanks_lbl" xml:lang="en-US">Cash and banks</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShorttermInvestmentsClassifiedAsCashEquivalents" xlink:label="ifrs-full_ShorttermInvestmentsClassifiedAsCashEquivalents" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShorttermInvestmentsClassifiedAsCashEquivalents" xlink:to="ifrs-full_ShorttermInvestmentsClassifiedAsCashEquivalents_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShorttermInvestmentsClassifiedAsCashEquivalents_lbl" xml:lang="en-US">Total short-term investments</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfFinancialInvestmentsTable" xlink:label="sid_DisclosureOfFinancialInvestmentsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfFinancialInvestmentsTable" xlink:to="sid_DisclosureOfFinancialInvestmentsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisclosureOfFinancialInvestmentsTable_lbl" xml:lang="en-US">DisclosureOfFinancialInvestmentsTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfFinancialInvestmentsLineItems" xlink:label="sid_DisclosureOfFinancialInvestmentsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfFinancialInvestmentsLineItems" xlink:to="sid_DisclosureOfFinancialInvestmentsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisclosureOfFinancialInvestmentsLineItems_lbl" xml:lang="en-US">DisclosureOfFinancialInvestmentsLineItems [Line Items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfFinancialAssetsAxis" xlink:to="ifrs-full_ClassesOfFinancialAssetsAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis_2_lbl" xml:lang="en-US">Classes of financial assets [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInvestmentCurrent" xlink:label="sid_FinancialInvestmentCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialInvestmentCurrent" xlink:to="sid_FinancialInvestmentCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FinancialInvestmentCurrent_lbl" xml:lang="en-US">Current</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInvestmentNonCurrent" xlink:label="sid_FinancialInvestmentNonCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialInvestmentNonCurrent" xlink:to="sid_FinancialInvestmentNonCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FinancialInvestmentNonCurrent_lbl" xml:lang="en-US">NonCurrent</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradeAndOtherReceivablesTable" xlink:label="sid_TradeAndOtherReceivablesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TradeAndOtherReceivablesTable" xlink:to="sid_TradeAndOtherReceivablesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TradeAndOtherReceivablesTable_lbl" xml:lang="en-US">TradeAndOtherReceivablesTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradeAndOtherReceivablesLineItems" xlink:label="sid_TradeAndOtherReceivablesLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TradeAndOtherReceivablesLineItems" xlink:to="sid_TradeAndOtherReceivablesLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TradeAndOtherReceivablesLineItems_lbl" xml:lang="en-US">TradeAndOtherReceivablesLineItems [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets_lbl" xml:lang="en-US">Allowance for doubtful debts</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossTradeReceivable" xlink:label="sid_GrossTradeReceivable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GrossTradeReceivable" xlink:to="sid_GrossTradeReceivable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_GrossTradeReceivable_lbl" xml:lang="en-US">Trade receivable, before allowance for doubtful debts</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradeReceivableAfterAllowanceForDoubtfulDebts" xlink:label="sid_TradeReceivableAfterAllowanceForDoubtfulDebts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TradeReceivableAfterAllowanceForDoubtfulDebts" xlink:to="sid_TradeReceivableAfterAllowanceForDoubtfulDebts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TradeReceivableAfterAllowanceForDoubtfulDebts_lbl" xml:lang="en-US">Trade receivable, after allowance for doubtful debts</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeReceivables" xlink:label="ifrs-full_TradeReceivables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeReceivables" xlink:to="ifrs-full_TradeReceivables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TradeReceivables_lbl" xml:lang="en-US">Trade receivables</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets_2_lbl" xml:lang="en-US">Opening balance</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpectedAllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="sid_ExpectedAllowanceAccountForCreditLossesOfFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpectedAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="sid_ExpectedAllowanceAccountForCreditLossesOfFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExpectedAllowanceAccountForCreditLossesOfFinancialAssets_lbl" xml:lang="en-US">(Loss)/Reversal estimated</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets_lbl" xml:lang="en-US">Recovery and write-offs of receivables</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets_3_lbl" xml:lang="en-US">Closing balance</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoriesTable" xlink:label="sid_InventoriesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InventoriesTable" xlink:to="sid_InventoriesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_InventoriesTable_lbl" xml:lang="en-US">InventoriesTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoriesLineItems" xlink:label="sid_InventoriesLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InventoriesLineItems" xlink:to="sid_InventoriesLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_InventoriesLineItems_lbl" xml:lang="en-US">InventoriesLineItems [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoryGrossAmount" xlink:label="sid_InventoryGrossAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InventoryGrossAmount" xlink:to="sid_InventoryGrossAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_InventoryGrossAmount_lbl" xml:lang="en-US">Inventory gross</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoryProvisionsForLosses" xlink:label="sid_InventoryProvisionsForLosses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InventoryProvisionsForLosses" xlink:to="sid_InventoryProvisionsForLosses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_InventoryProvisionsForLosses_lbl" xml:lang="en-US">(-) Provision for losses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InventoriesAtNetRealisableValue" xlink:label="ifrs-full_InventoriesAtNetRealisableValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InventoriesAtNetRealisableValue" xlink:to="ifrs-full_InventoriesAtNetRealisableValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InventoriesAtNetRealisableValue_lbl" xml:lang="en-US">Inventoy, net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Inventories" xlink:to="ifrs-full_Inventories_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Inventories_2_lbl" xml:lang="en-US">Current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentInventories" xlink:to="ifrs-full_NoncurrentInventories_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentInventories_2_lbl" xml:lang="en-US">Non-current</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoryNetOne" xlink:label="sid_InventoryNetOne" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InventoryNetOne" xlink:to="sid_InventoryNetOne_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="sid_InventoryNetOne_lbl" xml:lang="en-US">Opening balance</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence" xlink:label="sid_ReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence" xlink:to="sid_ReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence_lbl" xml:lang="en-US">(Estimated losses) / Reversal of inventories with low turnover and obsolescence</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InventoryNetOne" xlink:to="sid_InventoryNetOne_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="sid_InventoryNetOne_2_lbl" xml:lang="en-US">Closing balance</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecoverableTaxesTable" xlink:label="sid_RecoverableTaxesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RecoverableTaxesTable" xlink:to="sid_RecoverableTaxesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RecoverableTaxesTable_lbl" xml:lang="en-US">RecoverableTaxesTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecoverableTaxesLineItems" xlink:label="sid_RecoverableTaxesLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RecoverableTaxesLineItems" xlink:to="sid_RecoverableTaxesLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RecoverableTaxesLineItems_lbl" xml:lang="en-US">RecoverableTaxesLineItems [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax" xlink:label="ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax" xlink:to="ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax_lbl" xml:lang="en-US">Total recoverable taxes</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:to="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax_2_lbl" xml:lang="en-US">Current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:to="ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax_2_lbl" xml:lang="en-US">Non-current</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherCurrentAndNonCurrentAssetsTable" xlink:label="sid_OtherCurrentAndNonCurrentAssetsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherCurrentAndNonCurrentAssetsTable" xlink:to="sid_OtherCurrentAndNonCurrentAssetsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherCurrentAndNonCurrentAssetsTable_lbl" xml:lang="en-US">OtherCurrentAndNonCurrentAssetsTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherCurrentAndNonCurrentAssetsLineItems" xlink:label="sid_OtherCurrentAndNonCurrentAssetsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherCurrentAndNonCurrentAssetsLineItems" xlink:to="sid_OtherCurrentAndNonCurrentAssetsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherCurrentAndNonCurrentAssetsLineItems_lbl" xml:lang="en-US">OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentNonfinancialAssets" xlink:label="ifrs-full_OtherCurrentNonfinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentNonfinancialAssets" xlink:to="ifrs-full_OtherCurrentNonfinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherCurrentNonfinancialAssets_lbl" xml:lang="en-US">Other current assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentNonfinancialAssets" xlink:label="ifrs-full_OtherNoncurrentNonfinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNoncurrentNonfinancialAssets" xlink:to="ifrs-full_OtherNoncurrentNonfinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherNoncurrentNonfinancialAssets_lbl" xml:lang="en-US">Other non-current assets</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GainOnRecoveryOfCredits" xlink:label="sid_GainOnRecoveryOfCredits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GainOnRecoveryOfCredits" xlink:to="sid_GainOnRecoveryOfCredits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_GainOnRecoveryOfCredits_lbl" xml:lang="en-US">Recovery of additional credits</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReceivableForIndemnification" xlink:label="sid_ReceivableForIndemnification" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ReceivableForIndemnification" xlink:to="sid_ReceivableForIndemnification_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ReceivableForIndemnification_lbl" xml:lang="en-US">Receivable for indemnification</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialResult" xlink:label="sid_FinancialResult" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialResult" xlink:to="sid_FinancialResult_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FinancialResult_lbl" xml:lang="en-US">financial result</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:label="sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable_lbl" xml:lang="en-US">BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:label="sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems_lbl" xml:lang="en-US">BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NumberOfSharesOutstanding" xlink:label="ifrs-full_NumberOfSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesOutstanding" xlink:to="ifrs-full_NumberOfSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfSharesOutstanding_lbl" xml:lang="en-US">Number of shares held by CSN (in units)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:label="ifrs-full_ProportionOfOwnershipInterestInSubsidiary" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:to="ifrs-full_ProportionOfOwnershipInterestInSubsidiary_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProportionOfOwnershipInterestInSubsidiary_lbl" xml:lang="en-US">Equity interests (%), subsidiary</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestInJointOperation" xlink:label="ifrs-full_ProportionOfOwnershipInterestInJointOperation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProportionOfOwnershipInterestInJointOperation" xlink:to="ifrs-full_ProportionOfOwnershipInterestInJointOperation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProportionOfOwnershipInterestInJointOperation_lbl" xml:lang="en-US">Equity interests (%), operation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:label="ifrs-full_ProportionOfOwnershipInterestInJointVenture" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:to="ifrs-full_ProportionOfOwnershipInterestInJointVenture_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProportionOfOwnershipInterestInJointVenture_lbl" xml:lang="en-US">Equity interest (%), joint venture</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:label="ifrs-full_ProportionOfOwnershipInterestInAssociate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:to="ifrs-full_ProportionOfOwnershipInterestInAssociate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProportionOfOwnershipInterestInAssociate_lbl" xml:lang="en-US">Equity interest (%), associate</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquityInterestInExclusiveFundsPercentage" xlink:label="sid_EquityInterestInExclusiveFundsPercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EquityInterestInExclusiveFundsPercentage" xlink:to="sid_EquityInterestInExclusiveFundsPercentage_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EquityInterestInExclusiveFundsPercentage_lbl" xml:lang="en-US">Equity interest (%), exclusive funds</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" xlink:label="ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" xlink:to="ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities_lbl" xml:lang="en-US">Core business</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Assets_2_lbl" xml:lang="en-US">Assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Liabilities" xlink:label="ifrs-full_Liabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="ifrs-full_Liabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Liabilities_lbl" xml:lang="en-US">Liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Equity_4_lbl" xml:lang="en-US">Shareholders' equity</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_ProfitLoss_3_lbl" xml:lang="en-US">Profit /(Loss) for the period</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:to="ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_2_lbl" xml:lang="en-US">Opening balance of investments</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalIncreaseacquisitionOfShares" xlink:label="sid_CapitalIncreaseacquisitionOfShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CapitalIncreaseacquisitionOfShares" xlink:to="sid_CapitalIncreaseacquisitionOfShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CapitalIncreaseacquisitionOfShares_lbl" xml:lang="en-US">Capital increase/acquisition of shares</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsInInvestment" xlink:label="sid_DividendsInInvestment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DividendsInInvestment" xlink:to="sid_DividendsInInvestment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DividendsInInvestment_lbl" xml:lang="en-US">Dividends</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ChangesInInvestmentsInSubsidiariesJointlyControlledCompaniesJointOperationsAssociatesAndOtherInvestmentsComprehensiveIncome" xlink:label="sid_ChangesInInvestmentsInSubsidiariesJointlyControlledCompaniesJointOperationsAssociatesAndOtherInvestmentsComprehensiveIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ChangesInInvestmentsInSubsidiariesJointlyControlledCompaniesJointOperationsAssociatesAndOtherInvestmentsComprehensiveIncome" xlink:to="sid_ChangesInInvestmentsInSubsidiariesJointlyControlledCompaniesJointOperationsAssociatesAndOtherInvestmentsComprehensiveIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ChangesInInvestmentsInSubsidiariesJointlyControlledCompaniesJointOperationsAssociatesAndOtherInvestmentsComprehensiveIncome_lbl" xml:lang="en-US">Comprehensive income</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquityInResultsOfAffiliatedCompanies" xlink:label="sid_EquityInResultsOfAffiliatedCompanies" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EquityInResultsOfAffiliatedCompanies" xlink:to="sid_EquityInResultsOfAffiliatedCompanies_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_EquityInResultsOfAffiliatedCompanies_lbl" xml:lang="en-US">Equity in results of affiliated companies</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii" xlink:label="sid_UpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii" xlink:to="sid_UpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_UpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii_lbl" xml:lang="en-US">Update of shares measured at fair value through profit or loss (Note 14 II)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReclassificationOfUsiminasShares" xlink:label="sid_ReclassificationOfUsiminasShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ReclassificationOfUsiminasShares" xlink:to="sid_ReclassificationOfUsiminasShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ReclassificationOfUsiminasShares_lbl" xml:lang="en-US">Reclassification of Usiminas' shares</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsolidationOfCbsi" xlink:label="sid_ConsolidationOfCbsi" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConsolidationOfCbsi" xlink:to="sid_ConsolidationOfCbsi_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ConsolidationOfCbsi_lbl" xml:lang="en-US">Consolidation of CBSI</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AmortizationOfFairValueInvestmentMrs" xlink:label="sid_AmortizationOfFairValueInvestmentMrs" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AmortizationOfFairValueInvestmentMrs" xlink:to="sid_AmortizationOfFairValueInvestmentMrs_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AmortizationOfFairValueInvestmentMrs_lbl" xml:lang="en-US">Amortization of fair value - investment MRS</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersInvestments" xlink:label="sid_OthersInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersInvestments" xlink:to="sid_OthersInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_OthersInvestments_lbl" xml:lang="en-US">Others</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:to="ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_3_lbl" xml:lang="en-US">Closing balance of investments</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EliminationsAbstract" xlink:label="sid_EliminationsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EliminationsAbstract" xlink:to="sid_EliminationsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EliminationsAbstract_lbl" xml:lang="en-US">Eliminations</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EliminationsToCostOfSales" xlink:label="sid_EliminationsToCostOfSales" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EliminationsToCostOfSales" xlink:to="sid_EliminationsToCostOfSales_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EliminationsToCostOfSales_lbl" xml:lang="en-US">To cost of sales</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EliminationsToTaxes" xlink:label="sid_EliminationsToTaxes" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EliminationsToTaxes" xlink:to="sid_EliminationsToTaxes_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EliminationsToTaxes_lbl" xml:lang="en-US">To taxes</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersAbstract" xlink:label="sid_OthersAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersAbstract" xlink:to="sid_OthersAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_OthersAbstract_lbl" xml:lang="en-US">Others</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AmortizatedAtFairValueInvestmentInMrs" xlink:label="sid_AmortizatedAtFairValueInvestmentInMrs" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AmortizatedAtFairValueInvestmentInMrs" xlink:to="sid_AmortizatedAtFairValueInvestmentInMrs_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AmortizatedAtFairValueInvestmentInMrs_lbl" xml:lang="en-US">Amortizated at fair value - Investment in MRS</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Others" xlink:label="sid_Others" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Others" xlink:to="sid_Others_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_Others_lbl" xml:lang="en-US">Others</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquityInResults" xlink:label="sid_EquityInResults" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EquityInResults" xlink:to="sid_EquityInResults_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EquityInResults_lbl" xml:lang="en-US">Equity in results</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:label="ifrs-full_PercentageOfVotingEquityInterestsAcquired" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:to="ifrs-full_PercentageOfVotingEquityInterestsAcquired_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PercentageOfVotingEquityInterestsAcquired_lbl" xml:lang="en-US">Equity interest (%)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssetsAbstract" xlink:to="ifrs-full_CurrentAssetsAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentAssetsAbstract_2_lbl" xml:lang="en-US">Current Assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAdvancesToSuppliers" xlink:label="ifrs-full_CurrentAdvancesToSuppliers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAdvancesToSuppliers" xlink:to="ifrs-full_CurrentAdvancesToSuppliers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAdvancesToSuppliers_lbl" xml:lang="en-US">Advances to suppliers</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_CurrentAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAssets_2_lbl" xml:lang="en-US">Total current assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssetsAbstract" xlink:to="ifrs-full_NoncurrentAssetsAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentAssetsAbstract_2_lbl" xml:lang="en-US">Noncurrent Assets</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InvestmentsPpeAndIntangibleAssets" xlink:label="sid_InvestmentsPpeAndIntangibleAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InvestmentsPpeAndIntangibleAssets" xlink:to="sid_InvestmentsPpeAndIntangibleAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_InvestmentsPpeAndIntangibleAssets_lbl" xml:lang="en-US">Investments, PP&amp;E and intangible assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentAssets_2_lbl" xml:lang="en-US">Total non-current assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Assets_3_lbl" xml:lang="en-US">Total Assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilitiesAbstract" xlink:to="ifrs-full_CurrentLiabilitiesAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentLiabilitiesAbstract_2_lbl" xml:lang="en-US">Current Liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLeaseLiabilities" xlink:label="ifrs-full_CurrentLeaseLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLeaseLiabilities" xlink:to="ifrs-full_CurrentLeaseLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentLeaseLiabilities_lbl" xml:lang="en-US">Lease liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentLiabilities" xlink:label="ifrs-full_OtherCurrentLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentLiabilities" xlink:to="ifrs-full_OtherCurrentLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherCurrentLiabilities_lbl" xml:lang="en-US">Other current liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentLiabilities_2_lbl" xml:lang="en-US">Total current liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilitiesAbstract" xlink:to="ifrs-full_NoncurrentLiabilitiesAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentLiabilitiesAbstract_2_lbl" xml:lang="en-US">Noncurrent Liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLeaseLiabilities" xlink:label="ifrs-full_NoncurrentLeaseLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLeaseLiabilities" xlink:to="ifrs-full_NoncurrentLeaseLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentLeaseLiabilities_lbl" xml:lang="en-US">Lease liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentLiabilities" xlink:label="ifrs-full_OtherNoncurrentLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNoncurrentLiabilities" xlink:to="ifrs-full_OtherNoncurrentLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherNoncurrentLiabilities_lbl" xml:lang="en-US">Other non-current liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentLiabilities_2_lbl" xml:lang="en-US">Total non-current liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_5_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Equity_5_lbl" xml:lang="en-US">Total equity</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_EquityAndLiabilities_2_lbl" xml:lang="en-US">Total liabilities and shareholders' equity</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Revenue" xlink:to="ifrs-full_Revenue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Revenue_2_lbl" xml:lang="en-US">Net revenue</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CostOfSales" xlink:to="ifrs-full_CostOfSales_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_CostOfSales_2_lbl" xml:lang="en-US">Cost of sales and services</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossProfit" xlink:to="ifrs-full_GrossProfit_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GrossProfit_2_lbl" xml:lang="en-US">Gross profit</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OperatingExpense" xlink:label="ifrs-full_OperatingExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OperatingExpense" xlink:to="ifrs-full_OperatingExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OperatingExpense_lbl" xml:lang="en-US">Operating (expenses) income</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialIncomeExpensesNet" xlink:label="sid_FinancialIncomeExpensesNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialIncomeExpensesNet" xlink:to="sid_FinancialIncomeExpensesNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FinancialIncomeExpensesNet_lbl" xml:lang="en-US">Financial income (expenses), net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossBeforeTax" xlink:to="ifrs-full_ProfitLossBeforeTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossBeforeTax_2_lbl" xml:lang="en-US">Income before income tax and social contribution</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CurrentAndDeferredIncomeTaxAndSocialContribution" xlink:label="sid_CurrentAndDeferredIncomeTaxAndSocialContribution" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CurrentAndDeferredIncomeTaxAndSocialContribution" xlink:to="sid_CurrentAndDeferredIncomeTaxAndSocialContribution_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CurrentAndDeferredIncomeTaxAndSocialContribution_lbl" xml:lang="en-US">Current and deferred income tax and social contribution</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossFromContinuingOperations" xlink:label="ifrs-full_ProfitLossFromContinuingOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromContinuingOperations" xlink:to="ifrs-full_ProfitLossFromContinuingOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossFromContinuingOperations_lbl" xml:lang="en-US">Profit / (loss) for the period</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MeasurementOfRecoverableValueAxis" xlink:to="sid_MeasurementOfRecoverableValueAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_MeasurementOfRecoverableValueAxis_2_lbl" xml:lang="en-US">MeasurementOfRecoverableValueAxis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowProjection" xlink:label="sid_CashFlowProjection" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowProjection" xlink:to="sid_CashFlowProjection_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashFlowProjection_lbl" xml:lang="en-US">Cash Flow Projection</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MeasurementOfRecoverableValueBy2057" xlink:label="sid_MeasurementOfRecoverableValueBy2057" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MeasurementOfRecoverableValueBy2057" xlink:to="sid_MeasurementOfRecoverableValueBy2057_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MeasurementOfRecoverableValueBy2057_lbl" xml:lang="en-US">By 2057</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentProperty" xlink:label="ifrs-full_InvestmentProperty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentProperty" xlink:to="ifrs-full_InvestmentProperty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_InvestmentProperty_lbl" xml:lang="en-US">Balance at beginning</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CostInInvestmentProperties" xlink:label="sid_CostInInvestmentProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CostInInvestmentProperties" xlink:to="sid_CostInInvestmentProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CostInInvestmentProperties_lbl" xml:lang="en-US">Cost</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccumulatedDepreciation" xlink:label="sid_AccumulatedDepreciation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AccumulatedDepreciation" xlink:to="sid_AccumulatedDepreciation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AccumulatedDepreciation_lbl" xml:lang="en-US">Accumulated depreciation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty" xlink:to="ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty_lbl" xml:lang="en-US">Acquisitions</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DepreciationInvestmentProperty" xlink:label="ifrs-full_DepreciationInvestmentProperty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationInvestmentProperty" xlink:to="ifrs-full_DepreciationInvestmentProperty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepreciationInvestmentProperty_lbl" xml:lang="en-US">Depreciation</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_WriteoffOfInvestmentProperties" xlink:label="sid_WriteoffOfInvestmentProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_WriteoffOfInvestmentProperties" xlink:to="sid_WriteoffOfInvestmentProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_WriteoffOfInvestmentProperties_lbl" xml:lang="en-US">Write-off</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentProperty" xlink:to="ifrs-full_InvestmentProperty_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_InvestmentProperty_2_lbl" xml:lang="en-US">Balance at beginning</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:label="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:to="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_lbl" xml:lang="en-US">Useful lives</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LegalEntityOneAxis" xlink:to="sid_LegalEntityOneAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LegalEntityOneAxis_2_lbl" xml:lang="en-US">LegalEntityOneAxis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShareIssueRelatedCost" xlink:label="ifrs-full_ShareIssueRelatedCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareIssueRelatedCost" xlink:to="ifrs-full_ShareIssueRelatedCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShareIssueRelatedCost_lbl" xml:lang="en-US">Subscribed shares amount</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfInterest" xlink:label="sid_PercentageOfInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfInterest" xlink:to="sid_PercentageOfInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PercentageOfInterest_lbl" xml:lang="en-US">Percentage of interest</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLoss" xlink:to="ifrs-full_ProfitLoss_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLoss_4_lbl" xml:lang="en-US">Net loss</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfStakes" xlink:label="sid_PercentageOfStakes" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfStakes" xlink:to="sid_PercentageOfStakes_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PercentageOfStakes_lbl" xml:lang="en-US">Percentage of stake</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AcquisitionSharesAmount" xlink:label="sid_AcquisitionSharesAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AcquisitionSharesAmount" xlink:to="sid_AcquisitionSharesAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AcquisitionSharesAmount_lbl" xml:lang="en-US">Acquisition shares amount</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Goodwill" xlink:label="ifrs-full_Goodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Goodwill" xlink:to="ifrs-full_Goodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Goodwill_lbl" xml:lang="en-US">Goodwill</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConcessionTerm" xlink:label="sid_ConcessionTerm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConcessionTerm" xlink:to="sid_ConcessionTerm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ConcessionTerm_lbl" xml:lang="en-US">Concession term</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfHoldingInOtherEntity" xlink:label="sid_DescriptionOfHoldingInOtherEntity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfHoldingInOtherEntity" xlink:to="sid_DescriptionOfHoldingInOtherEntity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfHoldingInOtherEntity_lbl" xml:lang="en-US">Description of holding in other entity</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_PropertyPlantAndEquipment_2_lbl" xml:lang="en-US">Property, plant and equipment, net of depreciation</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherExpense" xlink:label="sid_OtherExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherExpense" xlink:to="sid_OtherExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherExpense_lbl" xml:lang="en-US">Expense</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfSharesTransfer" xlink:label="sid_NumberOfSharesTransfer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NumberOfSharesTransfer" xlink:to="sid_NumberOfSharesTransfer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NumberOfSharesTransfer_lbl" xml:lang="en-US">Total number of shares transfer</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfSharesTransferOne" xlink:label="sid_NumberOfSharesTransferOne" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NumberOfSharesTransferOne" xlink:to="sid_NumberOfSharesTransferOne_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NumberOfSharesTransferOne_lbl" xml:lang="en-US">Number of shares transfer to CSN</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfVotingCapital" xlink:label="sid_PercentageOfVotingCapital" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfVotingCapital" xlink:to="sid_PercentageOfVotingCapital_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PercentageOfVotingCapital_lbl" xml:lang="en-US">Percentage of voting capital</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueOfInvestmentProperties" xlink:label="sid_FairValueOfInvestmentProperties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FairValueOfInvestmentProperties" xlink:to="sid_FairValueOfInvestmentProperties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FairValueOfInvestmentProperties_lbl" xml:lang="en-US">Fair value of investment properties</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable_lbl" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems_lbl" xml:lang="en-US">Disclosure of detailed information about property, plant and equipment [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_PropertyPlantAndEquipment_3_lbl" xml:lang="en-US">Balance at beginning</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_lbl" xml:lang="en-US">Effect of foreign exchange differences</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_lbl" xml:lang="en-US">Acquisitions</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalizedInterestPropertyPlantAndEquipment" xlink:label="sid_CapitalizedInterestPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CapitalizedInterestPropertyPlantAndEquipment" xlink:to="sid_CapitalizedInterestPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CapitalizedInterestPropertyPlantAndEquipment_lbl" xml:lang="en-US">Capitalized interest (notes 28 and 33)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:label="ifrs-full_DisposalsPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:to="ifrs-full_DisposalsPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DisposalsPropertyPlantAndEquipment_lbl" xml:lang="en-US">Write-offs (note 27)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:label="ifrs-full_DepreciationPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:to="ifrs-full_DepreciationPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DepreciationPropertyPlantAndEquipment_lbl" xml:lang="en-US">Depreciation (note 26)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_lbl" xml:lang="en-US">Transfers to other asset categories</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US">Transfer to intangible assets</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment" xlink:label="sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment" xlink:to="sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment_lbl" xml:lang="en-US">Right of use- Initial recognition</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RightOfUseRemesurementPropertyPlantAndEquipment" xlink:label="sid_RightOfUseRemesurementPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RightOfUseRemesurementPropertyPlantAndEquipment" xlink:to="sid_RightOfUseRemesurementPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RightOfUseRemesurementPropertyPlantAndEquipment_lbl" xml:lang="en-US">Right of use - Remesurement</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AroUpdatesPropertyPlantAndEquipment" xlink:label="sid_AroUpdatesPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AroUpdatesPropertyPlantAndEquipment" xlink:to="sid_AroUpdatesPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AroUpdatesPropertyPlantAndEquipment_lbl" xml:lang="en-US">Update of the ARO (Asset retirement obligation)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment_lbl" xml:lang="en-US">Transfers to investment property</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsolidationCBSIPropertyPlantAndEquipment" xlink:label="sid_ConsolidationCBSIPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConsolidationCBSIPropertyPlantAndEquipment" xlink:to="sid_ConsolidationCBSIPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ConsolidationCBSIPropertyPlantAndEquipment_lbl" xml:lang="en-US">Consolidation CBSI</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersPropertyPlantAndEquipment" xlink:label="sid_OthersPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersPropertyPlantAndEquipment" xlink:to="sid_OthersPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_OthersPropertyPlantAndEquipment_lbl" xml:lang="en-US">Others</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PropertyPlantAndEquipment" xlink:to="ifrs-full_PropertyPlantAndEquipment_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_PropertyPlantAndEquipment_4_lbl" xml:lang="en-US">Balance at end</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RightofuseAssets" xlink:label="ifrs-full_RightofuseAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RightofuseAssets" xlink:to="ifrs-full_RightofuseAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_RightofuseAssets_lbl" xml:lang="en-US">Balance at beginning</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:label="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:to="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_lbl" xml:lang="en-US">Effect of foreign exchange differences</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdditionsToRightofuseAssets" xlink:label="ifrs-full_AdditionsToRightofuseAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionsToRightofuseAssets" xlink:to="ifrs-full_AdditionsToRightofuseAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdditionsToRightofuseAssets_lbl" xml:lang="en-US">Addition</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RightofuseAssetsRemeasurement" xlink:label="sid_RightofuseAssetsRemeasurement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RightofuseAssetsRemeasurement" xlink:to="sid_RightofuseAssetsRemeasurement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RightofuseAssetsRemeasurement_lbl" xml:lang="en-US">Remesurement</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DepreciationRightofuseAssets" xlink:label="ifrs-full_DepreciationRightofuseAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationRightofuseAssets" xlink:to="ifrs-full_DepreciationRightofuseAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_DepreciationRightofuseAssets_lbl" xml:lang="en-US">Depreciation</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_WriteOffRightOfuseAssets" xlink:label="sid_WriteOffRightOfuseAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_WriteOffRightOfuseAssets" xlink:to="sid_WriteOffRightOfuseAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_WriteOffRightOfuseAssets_lbl" xml:lang="en-US">Write-offs</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransfersToOtherAssetCategories" xlink:label="sid_TransfersToOtherAssetCategories" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TransfersToOtherAssetCategories" xlink:to="sid_TransfersToOtherAssetCategories_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_TransfersToOtherAssetCategories_lbl" xml:lang="en-US">Transfers to other asset categories</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RightofuseAssets" xlink:to="ifrs-full_RightofuseAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_RightofuseAssets_2_lbl" xml:lang="en-US">Balance at end</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:to="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_2_lbl" xml:lang="en-US">Average estimated useful lives</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalizedBorrowingsNonSpecificProjectsRate" xlink:label="sid_CapitalizedBorrowingsNonSpecificProjectsRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CapitalizedBorrowingsNonSpecificProjectsRate" xlink:to="sid_CapitalizedBorrowingsNonSpecificProjectsRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CapitalizedBorrowingsNonSpecificProjectsRate_lbl" xml:lang="en-US">Average rate used for capitalization of interest on non-specific projects</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsTable_lbl" xml:lang="en-US">Disclosure of detailed information about intangible assets [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:to="ifrs-full_DisclosureOfIntangibleAssetsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfIntangibleAssetsLineItems_lbl" xml:lang="en-US">Disclosure of detailed information about intangible assets [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis_2_lbl" xml:lang="en-US">Classes of intangible assets other than goodwill [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsAndGoodwill" xlink:to="ifrs-full_IntangibleAssetsAndGoodwill_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_IntangibleAssetsAndGoodwill_2_lbl" xml:lang="en-US">Balance at beginning</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_lbl" xml:lang="en-US">Effect of foreign exchange differences</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:to="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill_lbl" xml:lang="en-US">Acquisitions and expeditures</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:to="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment_lbl" xml:lang="en-US">Transfer to property, plant and equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:label="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US">Amortization (note 26)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdditionalRecognitionGoodwill" xlink:label="ifrs-full_AdditionalRecognitionGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdditionalRecognitionGoodwill" xlink:to="ifrs-full_AdditionalRecognitionGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdditionalRecognitionGoodwill_lbl" xml:lang="en-US">Goodwill - Acquisition 50% CBSI</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsolidationCBSIntangibleAssetsAndGoodwill" xlink:label="sid_ConsolidationCBSIntangibleAssetsAndGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConsolidationCBSIntangibleAssetsAndGoodwill" xlink:to="sid_ConsolidationCBSIntangibleAssetsAndGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ConsolidationCBSIntangibleAssetsAndGoodwill_lbl" xml:lang="en-US">Consolidation CBSI on November 30, 2019.</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersIntangibleAssets" xlink:label="sid_OthersIntangibleAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersIntangibleAssets" xlink:to="sid_OthersIntangibleAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_OthersIntangibleAssets_lbl" xml:lang="en-US">Others</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IntangibleAssetsAndGoodwill" xlink:to="ifrs-full_IntangibleAssetsAndGoodwill_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_IntangibleAssetsAndGoodwill_3_lbl" xml:lang="en-US">Balance at end</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:label="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:to="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_lbl" xml:lang="en-US">Average useful lives</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis" xlink:to="ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis_2_lbl" xml:lang="en-US">Individual assets or cash-generating units [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SegmentsAxis" xlink:to="ifrs-full_SegmentsAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_SegmentsAxis_2_lbl" xml:lang="en-US">Segments [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount" xlink:label="ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount" xlink:to="ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount_lbl" xml:lang="en-US">Cash generating unity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined" xlink:label="ifrs-full_DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined" xlink:to="ifrs-full_DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined_lbl" xml:lang="en-US">Measurement of recoverable value</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections" xlink:label="ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections" xlink:to="ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_lbl" xml:lang="en-US">Cash flow projection</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal" xlink:label="ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal" xlink:to="ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal_lbl" xml:lang="en-US">Gross Margin</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization" xlink:label="sid_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization" xlink:to="sid_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization_lbl" xml:lang="en-US">Cost atualization</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate" xlink:label="ifrs-full_DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate" xlink:to="ifrs-full_DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate_lbl" xml:lang="en-US">Perpetual growth rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections" xlink:label="ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections" xlink:to="ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections_lbl" xml:lang="en-US">Discount rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ImpairmentLoss" xlink:label="ifrs-full_ImpairmentLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ImpairmentLoss" xlink:to="ifrs-full_ImpairmentLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ImpairmentLoss_lbl" xml:lang="en-US">Impairment loss</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:to="ifrs-full_ProportionOfOwnershipInterestInSubsidiary_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProportionOfOwnershipInterestInSubsidiary_2_lbl" xml:lang="en-US">Ownership interest in subsidiary</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests" xlink:label="ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests" xlink:to="ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_lbl" xml:lang="en-US">Owership interest</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingTable" xlink:label="sid_BorrowingsAndFinancingTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingsAndFinancingTable" xlink:to="sid_BorrowingsAndFinancingTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BorrowingsAndFinancingTable_lbl" xml:lang="en-US">BorrowingsAndFinancingTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingLineItems" xlink:label="sid_BorrowingsAndFinancingLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingsAndFinancingLineItems" xlink:to="sid_BorrowingsAndFinancingLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BorrowingsAndFinancingLineItems_lbl" xml:lang="en-US">BorrowingsAndFinancingLineItems [Line Items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfRisksAxis" xlink:to="ifrs-full_TypesOfRisksAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TypesOfRisksAxis_2_lbl" xml:lang="en-US">Types of risks [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TypeOfFunctionalCurrencyAxis" xlink:to="sid_TypeOfFunctionalCurrencyAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_TypeOfFunctionalCurrencyAxis_2_lbl" xml:lang="en-US">TypeOfFunctionalCurrencyAxis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossShorttermBorrowings" xlink:label="sid_GrossShorttermBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GrossShorttermBorrowings" xlink:to="sid_GrossShorttermBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_GrossShorttermBorrowings_lbl" xml:lang="en-US">Borrowings and financing, current</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossLongtermBorrowings" xlink:label="sid_GrossLongtermBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GrossLongtermBorrowings" xlink:to="sid_GrossLongtermBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_GrossLongtermBorrowings_lbl" xml:lang="en-US">Borrowings and financing, noncurrent</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingCostsRecognisedAsExpenseCurrent" xlink:label="sid_BorrowingCostsRecognisedAsExpenseCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingCostsRecognisedAsExpenseCurrent" xlink:to="sid_BorrowingCostsRecognisedAsExpenseCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BorrowingCostsRecognisedAsExpenseCurrent_lbl" xml:lang="en-US">Transaction costs and issue premiums, current</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingCostsRecognisedAsExpenseNoncurent" xlink:label="sid_BorrowingCostsRecognisedAsExpenseNoncurent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingCostsRecognisedAsExpenseNoncurent" xlink:to="sid_BorrowingCostsRecognisedAsExpenseNoncurent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BorrowingCostsRecognisedAsExpenseNoncurent_lbl" xml:lang="en-US">Transaction costs and issue premiums, noncurrent</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShorttermBorrowings" xlink:to="ifrs-full_ShorttermBorrowings_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ShorttermBorrowings_2_lbl" xml:lang="en-US">Borrowings and financing and transaction costs, current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LongtermBorrowings" xlink:to="ifrs-full_LongtermBorrowings_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LongtermBorrowings_2_lbl" xml:lang="en-US">Borrowings and financing and transaction costs, noncurrent</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsInterestRate" xlink:label="ifrs-full_BorrowingsInterestRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsInterestRate" xlink:to="ifrs-full_BorrowingsInterestRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BorrowingsInterestRate_lbl" xml:lang="en-US">Average interest rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Borrowings" xlink:label="ifrs-full_Borrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Borrowings" xlink:to="ifrs-full_Borrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Borrowings_lbl" xml:lang="en-US">Total debt</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Borrowings" xlink:to="ifrs-full_Borrowings_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Borrowings_2_lbl" xml:lang="en-US">Maturities of loans, financing and debentures</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherBorrowings" xlink:label="ifrs-full_OtherBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherBorrowings" xlink:to="ifrs-full_OtherBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_OtherBorrowings_lbl" xml:lang="en-US">Opening balance</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionalFundingTransactions" xlink:label="sid_AdditionalFundingTransactions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdditionalFundingTransactions" xlink:to="sid_AdditionalFundingTransactions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdditionalFundingTransactions_lbl" xml:lang="en-US">New debts</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:to="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities_3_lbl" xml:lang="en-US">Repayment</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestExpenseOnBorrowings" xlink:label="ifrs-full_InterestExpenseOnBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnBorrowings" xlink:to="ifrs-full_InterestExpenseOnBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_InterestExpenseOnBorrowings_lbl" xml:lang="en-US">Payments of charges</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ChangesInOtherBorrowingsProvisions" xlink:label="sid_ChangesInOtherBorrowingsProvisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ChangesInOtherBorrowingsProvisions" xlink:to="sid_ChangesInOtherBorrowingsProvisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ChangesInOtherBorrowingsProvisions_lbl" xml:lang="en-US">Accrued charges (Note 28)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsolidationOfCBS" xlink:label="sid_ConsolidationOfCBS" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConsolidationOfCBS" xlink:to="sid_ConsolidationOfCBS_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ConsolidationOfCBS_lbl" xml:lang="en-US">Consolidation of CBSI</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersChangesInOtherBorrowings" xlink:label="sid_OthersChangesInOtherBorrowings" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersChangesInOtherBorrowings" xlink:to="sid_OthersChangesInOtherBorrowings_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_OthersChangesInOtherBorrowings_lbl" xml:lang="en-US">Others</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherBorrowings" xlink:to="ifrs-full_OtherBorrowings_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_OtherBorrowings_2_lbl" xml:lang="en-US">Closing balance</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnBorrowings" xlink:to="ifrs-full_InterestExpenseOnBorrowings_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:label="ifrs-full_InterestExpenseOnBorrowings_2_lbl" xml:lang="en-US">Interest payment</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccruedCommisionOnRiskAssumption" xlink:label="sid_AccruedCommisionOnRiskAssumption" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AccruedCommisionOnRiskAssumption" xlink:to="sid_AccruedCommisionOnRiskAssumption_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AccruedCommisionOnRiskAssumption_lbl" xml:lang="en-US">Accrued commision on risk assumption</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:to="ifrs-full_DisclosureOfFinancialInstrumentsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsTable_lbl" xml:lang="en-US">Disclosure of detailed information about financial instruments [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:to="ifrs-full_DisclosureOfFinancialInstrumentsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsLineItems_lbl" xml:lang="en-US">Disclosure of detailed information about financial instruments [line items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US">Total current financial assets at fair value through profit or loss</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialAssetsAtAmortisedCost" xlink:label="ifrs-full_CurrentFinancialAssetsAtAmortisedCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentFinancialAssetsAtAmortisedCost" xlink:to="ifrs-full_CurrentFinancialAssetsAtAmortisedCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentFinancialAssetsAtAmortisedCost_lbl" xml:lang="en-US">Total current financial assets at amortised cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialAssets" xlink:label="ifrs-full_CurrentFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentFinancialAssets" xlink:to="ifrs-full_CurrentFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentFinancialAssets_lbl" xml:lang="en-US">Total current financial assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US">Total non-current financial assets at fair value through profit or loss</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost" xlink:label="ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost" xlink:to="ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost_lbl" xml:lang="en-US">Total non-current financial assets at amortised cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialAssets" xlink:label="ifrs-full_NoncurrentFinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentFinancialAssets" xlink:to="ifrs-full_NoncurrentFinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentFinancialAssets_lbl" xml:lang="en-US">Total non-current financial assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US">Total financial assets at fair value through profit or loss</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsAtAmortisedCost" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtAmortisedCost" xlink:to="ifrs-full_FinancialAssetsAtAmortisedCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCost_lbl" xml:lang="en-US">Total financial assets at amortised cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssets" xlink:label="ifrs-full_FinancialAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssets" xlink:to="ifrs-full_FinancialAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialAssets_lbl" xml:lang="en-US">Total financial assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US">Total current financial liabilities at fair value through profit or loss</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost" xlink:label="ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost" xlink:to="ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost_lbl" xml:lang="en-US">Total current financial liabilities at amortised cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialLiabilities" xlink:label="ifrs-full_CurrentFinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentFinancialLiabilities" xlink:to="ifrs-full_CurrentFinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentFinancialLiabilities_lbl" xml:lang="en-US">Total current financial liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US">Total non-current financial liabilities at fair value through profit or loss</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialLiabilitiesAtAmortisedCost" xlink:label="ifrs-full_NoncurrentFinancialLiabilitiesAtAmortisedCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentFinancialLiabilitiesAtAmortisedCost" xlink:to="ifrs-full_NoncurrentFinancialLiabilitiesAtAmortisedCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentFinancialLiabilitiesAtAmortisedCost_lbl" xml:lang="en-US">Total non-current financial liabilities at amortised cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialLiabilities" xlink:label="ifrs-full_NoncurrentFinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentFinancialLiabilities" xlink:to="ifrs-full_NoncurrentFinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentFinancialLiabilities_lbl" xml:lang="en-US">Total non-current financial liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl" xml:lang="en-US">Total financial liabilites at fair value through profit or loss</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:to="ifrs-full_FinancialLiabilitiesAtAmortisedCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCost_lbl" xml:lang="en-US">Total financial liabilities at amortised cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilities" xlink:label="ifrs-full_FinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilities" xlink:to="ifrs-full_FinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilities_lbl" xml:lang="en-US">Total financial liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:to="ifrs-full_LevelsOfFairValueHierarchyAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis_2_lbl" xml:lang="en-US">Levels of fair value hierarchy [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss_2_lbl" xml:lang="en-US">Current financial assets at fair value through profit or loss</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss_2_lbl" xml:lang="en-US">Non-current financial assets at fair value through profit or loss</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss_2_lbl" xml:lang="en-US">Total Financial assets at fair value through profit or loss</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_2_lbl" xml:lang="en-US">Current financial liabilities at fair value through profit or loss</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:to="ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss_2_lbl" xml:lang="en-US">Non-current financial liabilities at fair value through profit or loss</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfShares" xlink:label="sid_NumberOfShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NumberOfShares" xlink:to="sid_NumberOfShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NumberOfShares_lbl" xml:lang="en-US">Quantity (in shares)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InvestmentInterestRate1" xlink:label="sid_InvestmentInterestRate1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InvestmentInterestRate1" xlink:to="sid_InvestmentInterestRate1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_InvestmentInterestRate1_lbl" xml:lang="en-US">Equity interest (%)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SharePrice1" xlink:label="sid_SharePrice1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SharePrice1" xlink:to="sid_SharePrice1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SharePrice1_lbl" xml:lang="en-US">Share price</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_StockValue" xlink:label="sid_StockValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_StockValue" xlink:to="sid_StockValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_StockValue_lbl" xml:lang="en-US">Closing Balance</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueAdjustmentRecognizedInProfitOrloss" xlink:label="sid_FairValueAdjustmentRecognizedInProfitOrloss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FairValueAdjustmentRecognizedInProfitOrloss" xlink:to="sid_FairValueAdjustmentRecognizedInProfitOrloss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FairValueAdjustmentRecognizedInProfitOrloss_lbl" xml:lang="en-US">Fair value adjustment recognized in profit or loss</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TypesOfHedgesAxis" xlink:to="ifrs-full_TypesOfHedgesAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TypesOfHedgesAxis_2_lbl" xml:lang="en-US">Types of hedges [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossCreditExposure" xlink:label="sid_GrossCreditExposure" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GrossCreditExposure" xlink:to="sid_GrossCreditExposure_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_GrossCreditExposure_lbl" xml:lang="en-US">Foreign exchange exposure</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CreditExposure" xlink:label="ifrs-full_CreditExposure" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CreditExposure" xlink:to="ifrs-full_CreditExposure_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CreditExposure_lbl" xml:lang="en-US">Net foreign exchange exposure</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PerpetualBonds" xlink:label="sid_PerpetualBonds" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PerpetualBonds" xlink:to="sid_PerpetualBonds_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PerpetualBonds_lbl" xml:lang="en-US">Perpetual Bonds</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CreditExposureExcludingPerpetualBonds" xlink:label="sid_CreditExposureExcludingPerpetualBonds" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CreditExposureExcludingPerpetualBonds" xlink:to="sid_CreditExposureExcludingPerpetualBonds_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CreditExposureExcludingPerpetualBonds_lbl" xml:lang="en-US">Net foreign exchange exposure excluding perpetual bonds</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProbabilityOfDefaultAxis" xlink:to="ifrs-full_ProbabilityOfDefaultAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProbabilityOfDefaultAxis_2_lbl" xml:lang="en-US">Probability of default [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClosingForeignExchangeRate" xlink:label="ifrs-full_ClosingForeignExchangeRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ClosingForeignExchangeRate" xlink:to="ifrs-full_ClosingForeignExchangeRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ClosingForeignExchangeRate_lbl" xml:lang="en-US">Exchange rate</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_HedgingInstrumentsAxis" xlink:to="ifrs-full_HedgingInstrumentsAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_HedgingInstrumentsAxis_2_lbl" xml:lang="en-US">Hedging instruments [axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotionalAmount" xlink:to="ifrs-full_NotionalAmount_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NotionalAmount_2_lbl" xml:lang="en-US">Notional amount</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CurrencyRisk" xlink:label="sid_CurrencyRisk" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CurrencyRisk" xlink:to="sid_CurrencyRisk_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CurrencyRisk_lbl" xml:lang="en-US">Risk</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss" xlink:label="ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss" xlink:to="ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss_lbl" xml:lang="en-US">Impact on profit or loss</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityAnalysisForStockPriceRisks" xlink:label="sid_SensitivityAnalysisForStockPriceRisks" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SensitivityAnalysisForStockPriceRisks" xlink:to="sid_SensitivityAnalysisForStockPriceRisks_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SensitivityAnalysisForStockPriceRisks_lbl" xml:lang="en-US">Sensitivity analysis for stock price risks</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VariableInterestRateAxis" xlink:to="sid_VariableInterestRateAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_VariableInterestRateAxis_2_lbl" xml:lang="en-US">VariableInterestRateAxis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityAnalysisInterestRate" xlink:label="sid_SensitivityAnalysisInterestRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SensitivityAnalysisInterestRate" xlink:to="sid_SensitivityAnalysisInterestRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SensitivityAnalysisInterestRate_lbl" xml:lang="en-US">Interest rate (in percent)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InterestRatesDuringTheYear" xlink:label="sid_InterestRatesDuringTheYear" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InterestRatesDuringTheYear" xlink:to="sid_InterestRatesDuringTheYear_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_InterestRatesDuringTheYear_lbl" xml:lang="en-US">Interest</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialAssets" xlink:to="ifrs-full_FinancialAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_FinancialAssets_2_lbl" xml:lang="en-US">Assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilities" xlink:to="ifrs-full_FinancialLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_FinancialLiabilities_2_lbl" xml:lang="en-US">Liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityAnalysisForPriceRisks" xlink:label="sid_SensitivityAnalysisForPriceRisks" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SensitivityAnalysisForPriceRisks" xlink:to="sid_SensitivityAnalysisForPriceRisks_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SensitivityAnalysisForPriceRisks_lbl" xml:lang="en-US">Sensitivity analysis for price risks</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Maturity" xlink:label="sid_Maturity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Maturity" xlink:to="sid_Maturity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_Maturity_lbl" xml:lang="en-US">Maturity</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FunctionalCurrency" xlink:label="sid_FunctionalCurrency" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FunctionalCurrency" xlink:to="sid_FunctionalCurrency_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FunctionalCurrency_lbl" xml:lang="en-US">Functional Currency</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NotionalAmounts" xlink:label="sid_NotionalAmounts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NotionalAmounts" xlink:to="sid_NotionalAmounts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NotionalAmounts_lbl" xml:lang="en-US">Notional amount</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AppreciationAssetPosition" xlink:label="sid_AppreciationAssetPosition" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AppreciationAssetPosition" xlink:to="sid_AppreciationAssetPosition_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AppreciationAssetPosition_lbl" xml:lang="en-US">Appreciation asset position</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AppreciationLiabilityPosition" xlink:label="sid_AppreciationLiabilityPosition" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AppreciationLiabilityPosition" xlink:to="sid_AppreciationLiabilityPosition_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AppreciationLiabilityPosition_lbl" xml:lang="en-US">Appreciation liability position</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueMarketAmoountReceivablePayable" xlink:label="sid_FairValueMarketAmoountReceivablePayable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FairValueMarketAmoountReceivablePayable" xlink:to="sid_FairValueMarketAmoountReceivablePayable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FairValueMarketAmoountReceivablePayable_lbl" xml:lang="en-US">Fair value market amoount receivable / payable</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ImpactOnFinancialIncomeExpenses" xlink:label="sid_ImpactOnFinancialIncomeExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ImpactOnFinancialIncomeExpenses" xlink:to="sid_ImpactOnFinancialIncomeExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ImpactOnFinancialIncomeExpenses_lbl" xml:lang="en-US">Impact on financial income (expenses)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_HedgingRelationshipDesignationDate" xlink:label="sid_HedgingRelationshipDesignationDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_HedgingRelationshipDesignationDate" xlink:to="sid_HedgingRelationshipDesignationDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_HedgingRelationshipDesignationDate_lbl" xml:lang="en-US">Designation date</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument" xlink:label="ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument" xlink:to="ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument_lbl" xml:lang="en-US">Hedging instrument</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfNatureOfRisksBeingHedged" xlink:label="ifrs-full_DescriptionOfNatureOfRisksBeingHedged" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfNatureOfRisksBeingHedged" xlink:to="ifrs-full_DescriptionOfNatureOfRisksBeingHedged_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfNatureOfRisksBeingHedged_lbl" xml:lang="en-US">Hedged item</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfTypeOfHedge" xlink:label="ifrs-full_DescriptionOfTypeOfHedge" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfTypeOfHedge" xlink:to="ifrs-full_DescriptionOfTypeOfHedge_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfTypeOfHedge_lbl" xml:lang="en-US">Type of hedged risk</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur" xlink:label="ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur" xlink:to="ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur_lbl" xml:lang="en-US">Hedged period</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AveragePriceOfHedgingInstrument" xlink:label="ifrs-full_AveragePriceOfHedgingInstrument" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AveragePriceOfHedgingInstrument" xlink:to="ifrs-full_AveragePriceOfHedgingInstrument_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AveragePriceOfHedgingInstrument_lbl" xml:lang="en-US">Exchange rate on designation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgedItemAssets" xlink:label="ifrs-full_HedgedItemAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_HedgedItemAssets" xlink:to="ifrs-full_HedgedItemAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_HedgedItemAssets_lbl" xml:lang="en-US">Designated amounts</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization" xlink:label="sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization" xlink:to="sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization_lbl" xml:lang="en-US">Amortized part</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments" xlink:label="sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments" xlink:to="sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments_lbl" xml:lang="en-US">Effect on Result</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges_lbl" xml:lang="en-US">Impact on Shareholders' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:label="ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:to="ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_lbl" xml:lang="en-US">Fair value, net of taxes, beginning</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:to="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax_2_lbl" xml:lang="en-US">Movement</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:to="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax_2_lbl" xml:lang="en-US">Realization</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:to="ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_2_lbl" xml:lang="en-US">Fair value, net of taxes, ending</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Notional" xlink:label="sid_Notional" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Notional" xlink:to="sid_Notional_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_Notional_lbl" xml:lang="en-US">Notional</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherOperatingIncomeExpense" xlink:to="ifrs-full_OtherOperatingIncomeExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_OtherOperatingIncomeExpense_2_lbl" xml:lang="en-US">Other income and expenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncome_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherComprehensiveIncome_2_lbl" xml:lang="en-US">Other comprehensive income</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeVariation" xlink:label="sid_ExchangeVariation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeVariation" xlink:to="sid_ExchangeVariation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExchangeVariation_lbl" xml:lang="en-US">Exchange variation</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ChangeInAmountsRelatedToCashFlowHedge" xlink:label="sid_ChangeInAmountsRelatedToCashFlowHedge" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ChangeInAmountsRelatedToCashFlowHedge" xlink:to="sid_ChangeInAmountsRelatedToCashFlowHedge_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="sid_ChangeInAmountsRelatedToCashFlowHedge_lbl" xml:lang="en-US">Change in the amounts related to cash flow hedge</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ChangeInAmountsRelatedToCashFlowHedge" xlink:to="sid_ChangeInAmountsRelatedToCashFlowHedge_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="sid_ChangeInAmountsRelatedToCashFlowHedge_2_lbl" xml:lang="en-US">Change in the amounts related to cash flow hedge</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations_lbl" xml:lang="en-US">Impact on Shareholders' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:label="ifrs-full_CurrentDerivativeFinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:to="ifrs-full_CurrentDerivativeFinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentDerivativeFinancialLiabilities_lbl" xml:lang="en-US">Liabilities current</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:label="ifrs-full_NoncurrentDerivativeFinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:to="ifrs-full_NoncurrentDerivativeFinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentDerivativeFinancialLiabilities_lbl" xml:lang="en-US">Liabilities non-current</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DerivativeFinancialLiabilities" xlink:label="ifrs-full_DerivativeFinancialLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativeFinancialLiabilities" xlink:to="ifrs-full_DerivativeFinancialLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DerivativeFinancialLiabilities_lbl" xml:lang="en-US">Total</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherOperatingIncomeExpense" xlink:to="ifrs-full_OtherOperatingIncomeExpense_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherOperatingIncomeExpense_3_lbl" xml:lang="en-US">Other operating income and expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments" xlink:label="ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments" xlink:to="ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments_lbl" xml:lang="en-US">Financial income (expenses), net</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ContractualMaturities" xlink:label="sid_ContractualMaturities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ContractualMaturities" xlink:to="sid_ContractualMaturities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ContractualMaturities_lbl" xml:lang="en-US">Contractual maturities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilities" xlink:to="ifrs-full_FinancialLiabilities_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_FinancialLiabilities_3_lbl" xml:lang="en-US">Closing Balance</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesAtFairValue" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialLiabilitiesAtFairValue" xlink:to="ifrs-full_FinancialLiabilitiesAtFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValue_lbl" xml:lang="en-US">Fair value</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Equity" xlink:to="ifrs-full_Equity_6_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Equity_6_lbl" xml:lang="en-US">Shareholder's equity (equity)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingThirdPartyCapital" xlink:label="sid_BorrowingsAndFinancingThirdPartyCapital" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingsAndFinancingThirdPartyCapital" xlink:to="sid_BorrowingsAndFinancingThirdPartyCapital_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BorrowingsAndFinancingThirdPartyCapital_lbl" xml:lang="en-US">Borrowings and Financing (Third-party capital)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossDebitperShareholdersEquity" xlink:label="sid_GrossDebitperShareholdersEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GrossDebitperShareholdersEquity" xlink:to="sid_GrossDebitperShareholdersEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_GrossDebitperShareholdersEquity_lbl" xml:lang="en-US">Gross Debit/Shareholder's equity</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DerivativeExchangeRateSwap" xlink:label="sid_DerivativeExchangeRateSwap" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DerivativeExchangeRateSwap" xlink:to="sid_DerivativeExchangeRateSwap_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DerivativeExchangeRateSwap_lbl" xml:lang="en-US">Derivative exchange rate swap</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOnResultRecognizedInOtherOperationalHedgingInstrument" xlink:label="sid_EffectOnResultRecognizedInOtherOperationalHedgingInstrument" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EffectOnResultRecognizedInOtherOperationalHedgingInstrument" xlink:to="sid_EffectOnResultRecognizedInOtherOperationalHedgingInstrument_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EffectOnResultRecognizedInOtherOperationalHedgingInstrument_lbl" xml:lang="en-US">Effect on result recognized in other operational hedging instrument</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfScenarios" xlink:label="sid_PercentageOfScenarios" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfScenarios" xlink:to="sid_PercentageOfScenarios_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PercentageOfScenarios_lbl" xml:lang="en-US">Percentage of scenarios</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariationsOfRiskForProbableScenarios" xlink:label="sid_VariationsOfRiskForProbableScenarios" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VariationsOfRiskForProbableScenarios" xlink:to="sid_VariationsOfRiskForProbableScenarios_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_VariationsOfRiskForProbableScenarios_lbl" xml:lang="en-US">Variations of risk for probable scenarios</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingExpenses" xlink:label="sid_OtherOperatingExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherOperatingExpenses" xlink:to="sid_OtherOperatingExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherOperatingExpenses_lbl" xml:lang="en-US">Other operating expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LoanContractsWithFinancialInstitutions" xlink:label="sid_LoanContractsWithFinancialInstitutions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LoanContractsWithFinancialInstitutions" xlink:to="sid_LoanContractsWithFinancialInstitutions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LoanContractsWithFinancialInstitutions_lbl" xml:lang="en-US">Loan contracts with financial institutions</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPayablesTable" xlink:label="sid_OtherPayablesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherPayablesTable" xlink:to="sid_OtherPayablesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherPayablesTable_lbl" xml:lang="en-US">OtherPayablesTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPayablesLineItems" xlink:label="sid_OtherPayablesLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherPayablesLineItems" xlink:to="sid_OtherPayablesLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherPayablesLineItems_lbl" xml:lang="en-US">OtherPayablesLineItems [Line Items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentPayables" xlink:to="ifrs-full_OtherCurrentPayables_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherCurrentPayables_2_lbl" xml:lang="en-US">Other payables, current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNoncurrentPayables" xlink:to="ifrs-full_OtherNoncurrentPayables_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherNoncurrentPayables_2_lbl" xml:lang="en-US">Other payables, noncurrent</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CurrencyAxisSignificantInvestmentsInSubsidiariesAxis" xlink:to="sid_CurrencyAxisSignificantInvestmentsInSubsidiariesAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_CurrencyAxisSignificantInvestmentsInSubsidiariesAxis_2_lbl" xml:lang="en-US">CurrencyAxisSignificantInvestmentsInSubsidiariesAxis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SupplyOfIronOre" xlink:label="sid_SupplyOfIronOre" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SupplyOfIronOre" xlink:to="sid_SupplyOfIronOre_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SupplyOfIronOre_lbl" xml:lang="en-US">Supply of iron ore</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionalSupplyOfIronOre" xlink:label="sid_AdditionalSupplyOfIronOre" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdditionalSupplyOfIronOre" xlink:to="sid_AdditionalSupplyOfIronOre_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdditionalSupplyOfIronOre_lbl" xml:lang="en-US">Additional supply of iron ore</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LoansAndAdvancesToCustomers" xlink:label="ifrs-full_LoansAndAdvancesToCustomers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LoansAndAdvancesToCustomers" xlink:to="ifrs-full_LoansAndAdvancesToCustomers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_LoansAndAdvancesToCustomers_lbl" xml:lang="en-US">Advances from customer</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SupplyOfContract" xlink:label="sid_SupplyOfContract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SupplyOfContract" xlink:to="sid_SupplyOfContract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SupplyOfContract_lbl" xml:lang="en-US">Supply of Contract</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ContractualTerm" xlink:label="sid_ContractualTerm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ContractualTerm" xlink:to="sid_ContractualTerm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ContractualTerm_lbl" xml:lang="en-US">Contractual term</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossLeaseLiabilities" xlink:label="ifrs-full_GrossLeaseLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GrossLeaseLiabilities" xlink:to="ifrs-full_GrossLeaseLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GrossLeaseLiabilities_lbl" xml:lang="en-US">Leases</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentValueAdjustmentLeasesLiabilities" xlink:label="sid_PresentValueAdjustmentLeasesLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PresentValueAdjustmentLeasesLiabilities" xlink:to="sid_PresentValueAdjustmentLeasesLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_PresentValueAdjustmentLeasesLiabilities_lbl" xml:lang="en-US">Present value adjustment - Leases</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LeaseLiabilities" xlink:label="ifrs-full_LeaseLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilities" xlink:to="ifrs-full_LeaseLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_LeaseLiabilities_lbl" xml:lang="en-US">Total lease liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LeaseLiabilitiesAbstract" xlink:label="ifrs-full_LeaseLiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilitiesAbstract" xlink:to="ifrs-full_LeaseLiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LeaseLiabilitiesAbstract_lbl" xml:lang="en-US">Classified:</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLeaseLiabilities" xlink:to="ifrs-full_CurrentLeaseLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentLeaseLiabilities_2_lbl" xml:lang="en-US">Current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLeaseLiabilities" xlink:to="ifrs-full_NoncurrentLeaseLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NoncurrentLeaseLiabilities_2_lbl" xml:lang="en-US">Non-current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilities" xlink:to="ifrs-full_LeaseLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_LeaseLiabilities_2_lbl" xml:lang="en-US">Opening balance</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesNewLeases" xlink:label="sid_LeaseLiabilitiesNewLeases" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesNewLeases" xlink:to="sid_LeaseLiabilitiesNewLeases_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LeaseLiabilitiesNewLeases_lbl" xml:lang="en-US">New leases</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesPresentValueAdjustmentsNewleases" xlink:label="sid_LeaseLiabilitiesPresentValueAdjustmentsNewleases" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesPresentValueAdjustmentsNewleases" xlink:to="sid_LeaseLiabilitiesPresentValueAdjustmentsNewleases_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LeaseLiabilitiesPresentValueAdjustmentsNewleases_lbl" xml:lang="en-US">Present Value Adjustments - New leases</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesContractReview" xlink:label="sid_LeaseLiabilitiesContractReview" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesContractReview" xlink:to="sid_LeaseLiabilitiesContractReview_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LeaseLiabilitiesContractReview_lbl" xml:lang="en-US">Contract review</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesWriteoff" xlink:label="sid_LeaseLiabilitiesWriteoff" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesWriteoff" xlink:to="sid_LeaseLiabilitiesWriteoff_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LeaseLiabilitiesWriteoff_lbl" xml:lang="en-US">Write off</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesPayments" xlink:label="sid_LeaseLiabilitiesPayments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesPayments" xlink:to="sid_LeaseLiabilitiesPayments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LeaseLiabilitiesPayments_lbl" xml:lang="en-US">Payments</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesInterestAppropriated" xlink:label="sid_LeaseLiabilitiesInterestAppropriated" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesInterestAppropriated" xlink:to="sid_LeaseLiabilitiesInterestAppropriated_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LeaseLiabilitiesInterestAppropriated_lbl" xml:lang="en-US">Interest appropriated</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilities" xlink:to="ifrs-full_LeaseLiabilities_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_LeaseLiabilities_3_lbl" xml:lang="en-US">Net balance</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentationOfLeasesForLesseeTable" xlink:label="sid_PresentationOfLeasesForLesseeTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PresentationOfLeasesForLesseeTable" xlink:to="sid_PresentationOfLeasesForLesseeTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PresentationOfLeasesForLesseeTable_lbl" xml:lang="en-US">PresentationOfLeasesForLesseeTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentationOfLeasesForLesseeLineItems" xlink:label="sid_PresentationOfLeasesForLesseeLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PresentationOfLeasesForLesseeLineItems" xlink:to="sid_PresentationOfLeasesForLesseeLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PresentationOfLeasesForLesseeLineItems_lbl" xml:lang="en-US">PresentationOfLeasesForLesseeLineItems [Line Items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilities" xlink:to="ifrs-full_LeaseLiabilities_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LeaseLiabilities_4_lbl" xml:lang="en-US">Total lease liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesOne" xlink:label="sid_LeaseLiabilitiesOne" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesOne" xlink:to="sid_LeaseLiabilitiesOne_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_LeaseLiabilitiesOne_lbl" xml:lang="en-US">Leases</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesPresentValueAdjustmentsOne" xlink:label="sid_LeaseLiabilitiesPresentValueAdjustmentsOne" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesPresentValueAdjustmentsOne" xlink:to="sid_LeaseLiabilitiesPresentValueAdjustmentsOne_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LeaseLiabilitiesPresentValueAdjustmentsOne_lbl" xml:lang="en-US">Present value adjustment - Leases</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesPotencialPISAndCOFINSCredit" xlink:label="sid_LeaseLiabilitiesPotencialPISAndCOFINSCredit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesPotencialPISAndCOFINSCredit" xlink:to="sid_LeaseLiabilitiesPotencialPISAndCOFINSCredit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LeaseLiabilitiesPotencialPISAndCOFINSCredit_lbl" xml:lang="en-US">Potencial PIS and COFINS credit</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit" xlink:label="sid_LeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit" xlink:to="sid_LeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit_lbl" xml:lang="en-US">Present value adjustment - Potential PIS and COFINS credit</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed" xlink:label="ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed" xlink:to="ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed_lbl" xml:lang="en-US">Contract less than 12 months</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:label="ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:to="ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed_lbl" xml:lang="en-US">Lower Assets value</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:label="ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:to="ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities_lbl" xml:lang="en-US">Variable lease payments</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:label="sid_ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:to="sid_ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities_lbl" xml:lang="en-US">Disclosure - 16. LEASES (Details 4)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RateAxis" xlink:to="sid_RateAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_RateAxis_2_lbl" xml:lang="en-US">RateAxis [Axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LeaseLiabilities" xlink:to="ifrs-full_LeaseLiabilities_5_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_LeaseLiabilities_5_lbl" xml:lang="en-US">Lease Liability</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RightOfUse" xlink:label="sid_RightOfUse" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RightOfUse" xlink:to="sid_RightOfUse_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RightOfUse_lbl" xml:lang="en-US">Right of net use</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialExpense" xlink:label="sid_FinancialExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialExpense" xlink:to="sid_FinancialExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FinancialExpense_lbl" xml:lang="en-US">Financial expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Depreciations" xlink:label="sid_Depreciations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Depreciations" xlink:to="sid_Depreciations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_Depreciations_lbl" xml:lang="en-US">Depreciation</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseAgreementRemainingTerm" xlink:label="sid_LeaseAgreementRemainingTerm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseAgreementRemainingTerm" xlink:to="sid_LeaseAgreementRemainingTerm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LeaseAgreementRemainingTerm_lbl" xml:lang="en-US">Lease agreement remaining term</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesTable" xlink:label="sid_TradePayablesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TradePayablesTable" xlink:to="sid_TradePayablesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TradePayablesTable_lbl" xml:lang="en-US">TradePayablesTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesLineItems" xlink:label="sid_TradePayablesLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TradePayablesLineItems" xlink:to="sid_TradePayablesLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TradePayablesLineItems_lbl" xml:lang="en-US">TradePayablesLineItems [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherPayablesToTradeSuppliers" xlink:label="ifrs-full_TradeAndOtherPayablesToTradeSuppliers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayablesToTradeSuppliers" xlink:to="ifrs-full_TradeAndOtherPayablesToTradeSuppliers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_TradeAndOtherPayablesToTradeSuppliers_lbl" xml:lang="en-US">Trade payables</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentPresentValue" xlink:label="sid_AdjustmentPresentValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentPresentValue" xlink:to="sid_AdjustmentPresentValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdjustmentPresentValue_lbl" xml:lang="en-US">(-) Adjustment present value</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherPayables" xlink:label="ifrs-full_TradeAndOtherPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayables" xlink:to="ifrs-full_TradeAndOtherPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherPayables_lbl" xml:lang="en-US">Trade payable, net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxAndSocialContributionAbstract" xlink:to="sid_IncomeTaxAndSocialContributionAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_IncomeTaxAndSocialContributionAbstract_2_lbl" xml:lang="en-US">Income Tax And Social Contribution</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentTaxExpenseIncome" xlink:label="ifrs-full_CurrentTaxExpenseIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentTaxExpenseIncome" xlink:to="ifrs-full_CurrentTaxExpenseIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentTaxExpenseIncome_lbl" xml:lang="en-US">Income tax and social contribution income (expense), current</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxExpenseIncome" xlink:label="ifrs-full_DeferredTaxExpenseIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxExpenseIncome" xlink:to="ifrs-full_DeferredTaxExpenseIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxExpenseIncome_lbl" xml:lang="en-US">Income tax and social contribution income (expense), deferred</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_2_lbl" xml:lang="en-US">Income tax and social contribution income (expense)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionTable" xlink:label="sid_IncomeTaxAndSocialContributionTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxAndSocialContributionTable" xlink:to="sid_IncomeTaxAndSocialContributionTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IncomeTaxAndSocialContributionTable_lbl" xml:lang="en-US">IncomeTaxAndSocialContributionTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionLineItems" xlink:label="sid_IncomeTaxAndSocialContributionLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxAndSocialContributionLineItems" xlink:to="sid_IncomeTaxAndSocialContributionLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IncomeTaxAndSocialContributionLineItems_lbl" xml:lang="en-US">IncomeTaxAndSocialContributionLineItems [Line Items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxAndSocialContributionAxis" xlink:to="sid_IncomeTaxAndSocialContributionAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_IncomeTaxAndSocialContributionAxis_2_lbl" xml:lang="en-US">IncomeTaxAndSocialContributionAxis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AccountingProfit" xlink:label="ifrs-full_AccountingProfit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AccountingProfit" xlink:to="ifrs-full_AccountingProfit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AccountingProfit_lbl" xml:lang="en-US">Profit/(Loss) before income tax and social contribution</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ApplicableTaxRate" xlink:label="ifrs-full_ApplicableTaxRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ApplicableTaxRate" xlink:to="ifrs-full_ApplicableTaxRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ApplicableTaxRate_lbl" xml:lang="en-US">Tax rate (in percent)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TaxExpenseIncomeAtApplicableTaxRate" xlink:label="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate" xlink:to="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TaxExpenseIncomeAtApplicableTaxRate_lbl" xml:lang="en-US">Income tax and social contribution at combined statutory rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:label="ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:to="ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_lbl" xml:lang="en-US">Adjustment to reflect the effective rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TaxRateEffectOfTaxLosses" xlink:label="ifrs-full_TaxRateEffectOfTaxLosses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TaxRateEffectOfTaxLosses" xlink:to="ifrs-full_TaxRateEffectOfTaxLosses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TaxRateEffectOfTaxLosses_lbl" xml:lang="en-US">Effective tax rate (in percent)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredTaxAssetLiabilityAxis" xlink:to="sid_DeferredTaxAssetLiabilityAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_DeferredTaxAssetLiabilityAxis_2_lbl" xml:lang="en-US">DeferredTaxAssetLiabilityAxis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxLiabilityAsset" xlink:label="ifrs-full_DeferredTaxLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilityAsset" xlink:to="ifrs-full_DeferredTaxLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_DeferredTaxLiabilityAsset_lbl" xml:lang="en-US">Deferred tax asset/liability, beginning</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" xlink:label="ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" xlink:to="ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity_lbl" xml:lang="en-US">Movement in shareholders' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:label="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:to="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_lbl" xml:lang="en-US">Movement in profit or loss</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset" xlink:label="ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset_lbl" xml:lang="en-US">Other movement</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilityAsset" xlink:to="ifrs-full_DeferredTaxLiabilityAsset_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_DeferredTaxLiabilityAsset_2_lbl" xml:lang="en-US">Deferred tax asset/liability, ending</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxAssets1" xlink:label="sid_DeferredTaxAssets1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredTaxAssets1" xlink:to="sid_DeferredTaxAssets1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DeferredTaxAssets1_lbl" xml:lang="en-US">Total deferred assets</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxLiabilities1" xlink:label="sid_DeferredTaxLiabilities1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredTaxLiabilities1" xlink:to="sid_DeferredTaxLiabilities1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DeferredTaxLiabilities1_lbl" xml:lang="en-US">Total deferred liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilityAsset" xlink:to="ifrs-full_DeferredTaxLiabilityAsset_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxLiabilityAsset_3_lbl" xml:lang="en-US">Total deferred</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxAssets2" xlink:label="sid_DeferredTaxAssets2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredTaxAssets2" xlink:to="sid_DeferredTaxAssets2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DeferredTaxAssets2_lbl" xml:lang="en-US">Deferred Asset</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredLiabilitiesParentCompany" xlink:label="sid_DeferredLiabilitiesParentCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredLiabilitiesParentCompany" xlink:to="sid_DeferredLiabilitiesParentCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_DeferredLiabilitiesParentCompany_lbl" xml:lang="en-US">Deferred liabilities - Parent Company</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossDeferredTaxAssets" xlink:label="sid_GrossDeferredTaxAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GrossDeferredTaxAssets" xlink:to="sid_GrossDeferredTaxAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="sid_GrossDeferredTaxAssets_lbl" xml:lang="en-US">Net Deferred Asset</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredLiabilitiesSubsidiaries" xlink:label="sid_DeferredLiabilitiesSubsidiaries" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredLiabilitiesSubsidiaries" xlink:to="sid_DeferredLiabilitiesSubsidiaries_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DeferredLiabilitiesSubsidiaries_lbl" xml:lang="en-US">Deferred liabilities - Subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NetDeferredTaxAssets" xlink:label="ifrs-full_NetDeferredTaxAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDeferredTaxAssets" xlink:to="ifrs-full_NetDeferredTaxAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_NetDeferredTaxAssets_lbl" xml:lang="en-US">Net Deferred Asset</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:to="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_2_lbl" xml:lang="en-US">Actuarial gains on defined benefit pension plan</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity" xlink:label="sid_IncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity" xlink:to="sid_IncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity_lbl" xml:lang="en-US">Estimated losses for deferred income and social contribution tax credits - actuarial gains</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset_lbl" xml:lang="en-US">Exchange differences on translating foreign operations</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity" xlink:label="sid_IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity" xlink:to="sid_IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity_lbl" xml:lang="en-US">Cash flow hedge accounting</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity" xlink:label="sid_IncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity" xlink:to="sid_IncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity_lbl" xml:lang="en-US">Estimated losses for deferred income and social contribution tax credits - cash flow hedge</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" xlink:label="ifrs-full_CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" xlink:to="ifrs-full_CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity_lbl" xml:lang="en-US">Total</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory" xlink:label="ifrs-full_DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory" xlink:to="ifrs-full_DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory_lbl" xml:lang="en-US">Description</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProfitGeneratedByForeignSubsidiaries" xlink:label="sid_ProfitGeneratedByForeignSubsidiaries" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProfitGeneratedByForeignSubsidiaries" xlink:to="sid_ProfitGeneratedByForeignSubsidiaries_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProfitGeneratedByForeignSubsidiaries_lbl" xml:lang="en-US">Profit generated by foreign subsidiaries</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContribution" xlink:label="sid_IncomeTaxAndSocialContribution" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxAndSocialContribution" xlink:to="sid_IncomeTaxAndSocialContribution_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IncomeTaxAndSocialContribution_lbl" xml:lang="en-US">Income tax and social contribution</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_UnusedTaxCreditsForWhichNoDeferredTaxAssetRecognised" xlink:label="ifrs-full_UnusedTaxCreditsForWhichNoDeferredTaxAssetRecognised" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_UnusedTaxCreditsForWhichNoDeferredTaxAssetRecognised" xlink:to="ifrs-full_UnusedTaxCreditsForWhichNoDeferredTaxAssetRecognised_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_UnusedTaxCreditsForWhichNoDeferredTaxAssetRecognised_lbl" xml:lang="en-US">Tax losses carryforward</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NegativeBaseOfSocialContribution" xlink:label="sid_NegativeBaseOfSocialContribution" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NegativeBaseOfSocialContribution" xlink:to="sid_NegativeBaseOfSocialContribution_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NegativeBaseOfSocialContribution_lbl" xml:lang="en-US">Negative base of social contribution</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxCreditsMaturityTerms" xlink:label="sid_TaxCreditsMaturityTerms" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxCreditsMaturityTerms" xlink:to="sid_TaxCreditsMaturityTerms_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TaxCreditsMaturityTerms_lbl" xml:lang="en-US">Tax credits maturity terms</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReversedOfEstimatedLosses" xlink:label="sid_ReversedOfEstimatedLosses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ReversedOfEstimatedLosses" xlink:to="sid_ReversedOfEstimatedLosses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ReversedOfEstimatedLosses_lbl" xml:lang="en-US">Reversed of estimated losses</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxAsset" xlink:label="sid_DeferredTaxAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredTaxAsset" xlink:to="sid_DeferredTaxAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DeferredTaxAsset_lbl" xml:lang="en-US">Deferred tax asset</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesInInstallmentsTable" xlink:label="sid_TaxesInInstallmentsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxesInInstallmentsTable" xlink:to="sid_TaxesInInstallmentsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TaxesInInstallmentsTable_lbl" xml:lang="en-US">TaxesInInstallmentsTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesInInstallmentsLineItems" xlink:label="sid_TaxesInInstallmentsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxesInInstallmentsLineItems" xlink:to="sid_TaxesInInstallmentsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TaxesInInstallmentsLineItems_lbl" xml:lang="en-US">TaxesInInstallmentsLineItems [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent" xlink:label="sid_FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent" xlink:to="sid_FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent_lbl" xml:lang="en-US">Federal REFIS debts and other tax installment payment plans, current</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent" xlink:label="sid_FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent" xlink:to="sid_FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent_lbl" xml:lang="en-US">Federal REFIS debts and other tax installment payment plans, noncurrent</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:label="sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:to="sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable_lbl" xml:lang="en-US">ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:label="sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems_lbl" xml:lang="en-US">ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Accruals" xlink:label="ifrs-full_Accruals" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Accruals" xlink:to="ifrs-full_Accruals_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Accruals_lbl" xml:lang="en-US">Accrued liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DepositsFromBanks" xlink:label="ifrs-full_DepositsFromBanks" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepositsFromBanks" xlink:to="ifrs-full_DepositsFromBanks_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DepositsFromBanks_lbl" xml:lang="en-US">Judicial deposits</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccruedLiabilitieCurrent" xlink:label="sid_AccruedLiabilitieCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AccruedLiabilitieCurrent" xlink:to="sid_AccruedLiabilitieCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AccruedLiabilitieCurrent_lbl" xml:lang="en-US">Accrued liabilities current</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccruedLiabilitiesNonCurrent" xlink:label="sid_AccruedLiabilitiesNonCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AccruedLiabilitiesNonCurrent" xlink:to="sid_AccruedLiabilitiesNonCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AccruedLiabilitiesNonCurrent_lbl" xml:lang="en-US">Accrued liabilities non current</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_JudicialDepositsCurrent" xlink:label="sid_JudicialDepositsCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_JudicialDepositsCurrent" xlink:to="sid_JudicialDepositsCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_JudicialDepositsCurrent_lbl" xml:lang="en-US">Judicial deposits current</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_JudicialDepositsNonCurrent" xlink:label="sid_JudicialDepositsNonCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_JudicialDepositsNonCurrent" xlink:to="sid_JudicialDepositsNonCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_JudicialDepositsNonCurrent_lbl" xml:lang="en-US">Judicial deposits non current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Accruals" xlink:to="ifrs-full_Accruals_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_Accruals_2_lbl" xml:lang="en-US">Accrued liabilities, beginning</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionsToAccruals" xlink:label="sid_AdditionsToAccruals" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdditionsToAccruals" xlink:to="sid_AdditionsToAccruals_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdditionsToAccruals_lbl" xml:lang="en-US">Additions</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccruedCharges" xlink:label="sid_AccruedCharges" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AccruedCharges" xlink:to="sid_AccruedCharges_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AccruedCharges_lbl" xml:lang="en-US">Accrued charges</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetUtilizationOfAccrualReversal" xlink:label="sid_NetUtilizationOfAccrualReversal" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NetUtilizationOfAccrualReversal" xlink:to="sid_NetUtilizationOfAccrualReversal_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NetUtilizationOfAccrualReversal_lbl" xml:lang="en-US">Net utilization of reversal</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Accruals" xlink:to="ifrs-full_Accruals_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_Accruals_3_lbl" xml:lang="en-US">Accrued liabilities, ending</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LegalProceedingsProvision" xlink:label="ifrs-full_LegalProceedingsProvision" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LegalProceedingsProvision" xlink:to="ifrs-full_LegalProceedingsProvision_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LegalProceedingsProvision_lbl" xml:lang="en-US">Legal matters with possible risk of loss</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeFromFinesAndPenalties" xlink:label="ifrs-full_IncomeFromFinesAndPenalties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeFromFinesAndPenalties" xlink:to="ifrs-full_IncomeFromFinesAndPenalties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeFromFinesAndPenalties_lbl" xml:lang="en-US">Penalty fee</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UpdatedAmount" xlink:label="sid_UpdatedAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UpdatedAmount" xlink:to="sid_UpdatedAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_UpdatedAmount_lbl" xml:lang="en-US">Updated amount</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionalInvestment" xlink:label="sid_AdditionalInvestment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdditionalInvestment" xlink:to="sid_AdditionalInvestment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdditionalInvestment_lbl" xml:lang="en-US">Additional investment</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfAllocatedToServicesOfEnvironmentalInterest" xlink:label="sid_PercentageOfAllocatedToServicesOfEnvironmentalInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfAllocatedToServicesOfEnvironmentalInterest" xlink:to="sid_PercentageOfAllocatedToServicesOfEnvironmentalInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PercentageOfAllocatedToServicesOfEnvironmentalInterest_lbl" xml:lang="en-US">Percentage of allocated to services of environmental interest</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActualDisbursement" xlink:label="sid_ActualDisbursement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActualDisbursement" xlink:to="sid_ActualDisbursement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ActualDisbursement_lbl" xml:lang="en-US">Actual disbursement</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" xlink:label="sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" xlink:to="sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable_lbl" xml:lang="en-US">ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" xlink:label="sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" xlink:to="sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems_lbl" xml:lang="en-US">ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems [Line Items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherLongtermProvisions" xlink:to="ifrs-full_OtherLongtermProvisions_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_OtherLongtermProvisions_2_lbl" xml:lang="en-US">Provision for environmental liabilities and decommissioning of assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Provisions" xlink:label="ifrs-full_Provisions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Provisions" xlink:to="ifrs-full_Provisions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Provisions_lbl" xml:lang="en-US">Provision for deactivating assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable_lbl" xml:lang="en-US">Disclosure of transactions between related parties [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems_lbl" xml:lang="en-US">Disclosure of transactions between related parties [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAssets" xlink:to="ifrs-full_CurrentAssets_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentAssets_3_lbl" xml:lang="en-US">Current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentAssets" xlink:to="ifrs-full_NoncurrentAssets_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentAssets_3_lbl" xml:lang="en-US">Non-current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Assets" xlink:to="ifrs-full_Assets_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_Assets_4_lbl" xml:lang="en-US">TOTAL ASSETS</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesAbstract" xlink:label="ifrs-full_LiabilitiesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilitiesAbstract" xlink:to="ifrs-full_LiabilitiesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_LiabilitiesAbstract_lbl" xml:lang="en-US">Liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentLiabilities" xlink:to="ifrs-full_CurrentLiabilities_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentLiabilities_3_lbl" xml:lang="en-US">Current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLiabilities" xlink:to="ifrs-full_NoncurrentLiabilities_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NoncurrentLiabilities_3_lbl" xml:lang="en-US">Non-current</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Liabilities" xlink:to="ifrs-full_Liabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_Liabilities_2_lbl" xml:lang="en-US">Total</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAbstract" xlink:to="ifrs-full_ProfitLossAbstract_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLossAbstract_2_lbl" xml:lang="en-US">P&amp;L</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RevenueFromSaleOfGoods" xlink:label="ifrs-full_RevenueFromSaleOfGoods" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RevenueFromSaleOfGoods" xlink:to="ifrs-full_RevenueFromSaleOfGoods_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RevenueFromSaleOfGoods_lbl" xml:lang="en-US">Sales</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RawMaterialsAndConsumablesUsed" xlink:label="ifrs-full_RawMaterialsAndConsumablesUsed" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RawMaterialsAndConsumablesUsed" xlink:to="ifrs-full_RawMaterialsAndConsumablesUsed_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_RawMaterialsAndConsumablesUsed_lbl" xml:lang="en-US">Purchases</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialIncomeExpensesAbstract" xlink:label="sid_FinancialIncomeExpensesAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialIncomeExpensesAbstract" xlink:to="sid_FinancialIncomeExpensesAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FinancialIncomeExpensesAbstract_lbl" xml:lang="en-US">Financial income (expenses)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInterest" xlink:label="sid_FinancialInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialInterest" xlink:to="sid_FinancialInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_FinancialInterest_lbl" xml:lang="en-US">Interest</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOfExchangeRateChanges" xlink:label="sid_EffectOfExchangeRateChanges" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EffectOfExchangeRateChanges" xlink:to="sid_EffectOfExchangeRateChanges_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EffectOfExchangeRateChanges_lbl" xml:lang="en-US">Exchange rate variations, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinanceIncomeCost" xlink:label="ifrs-full_FinanceIncomeCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceIncomeCost" xlink:to="ifrs-full_FinanceIncomeCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_FinanceIncomeCost_lbl" xml:lang="en-US">Financial investments</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:label="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:to="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits_lbl" xml:lang="en-US">Short-term benefits for employees and officers</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:label="ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:to="ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits_lbl" xml:lang="en-US">Post-employment benefits</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_KeyManagementPersonnelCompensation" xlink:label="ifrs-full_KeyManagementPersonnelCompensation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelCompensation" xlink:to="ifrs-full_KeyManagementPersonnelCompensation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_KeyManagementPersonnelCompensation_lbl" xml:lang="en-US">Key management personnel compensation</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNIslandsXIMember" xlink:label="sid_CSNIslandsXIMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNIslandsXIMember" xlink:to="sid_CSNIslandsXIMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CSNIslandsXIMember_lbl" xml:lang="en-US">CSN islands XI [member]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsMaturity" xlink:label="ifrs-full_BorrowingsMaturity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsMaturity" xlink:to="ifrs-full_BorrowingsMaturity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BorrowingsMaturity_lbl" xml:lang="en-US">Maturities</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsRelaetdParty" xlink:label="sid_BorrowingsRelaetdParty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingsRelaetdParty" xlink:to="sid_BorrowingsRelaetdParty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BorrowingsRelaetdParty_lbl" xml:lang="en-US">Borrowings</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxForeclosure" xlink:label="sid_TaxForeclosure" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxForeclosure" xlink:to="sid_TaxForeclosure_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TaxForeclosure_lbl" xml:lang="en-US">Tax foreclosure</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersGuarantees" xlink:label="sid_OthersGuarantees" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersGuarantees" xlink:to="sid_OthersGuarantees_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_OthersGuarantees_lbl" xml:lang="en-US">Others</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalGuarantees" xlink:label="sid_TotalGuarantees" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalGuarantees" xlink:to="sid_TotalGuarantees_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_TotalGuarantees_lbl" xml:lang="en-US">Total</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CategoriesOfOtherRelatedPartiesAxis" xlink:to="sid_CategoriesOfOtherRelatedPartiesAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_CategoriesOfOtherRelatedPartiesAxis_2_lbl" xml:lang="en-US">CategoriesOfOtherRelatedPartiesAxis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfVotingRightsHeldInJointVenture" xlink:label="ifrs-full_ProportionOfVotingRightsHeldInJointVenture" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProportionOfVotingRightsHeldInJointVenture" xlink:to="ifrs-full_ProportionOfVotingRightsHeldInJointVenture_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProportionOfVotingRightsHeldInJointVenture_lbl" xml:lang="en-US">Voting rights</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendPayables" xlink:label="ifrs-full_DividendPayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendPayables" xlink:to="ifrs-full_DividendPayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendPayables_lbl" xml:lang="en-US">Dividend</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsInterestRate" xlink:to="ifrs-full_BorrowingsInterestRate_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_BorrowingsInterestRate_2_lbl" xml:lang="en-US">Loan interest rate</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NotionalAmount" xlink:to="ifrs-full_NotionalAmount_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_NotionalAmount_3_lbl" xml:lang="en-US">Loan amount</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfFinancialInvestment" xlink:label="sid_DescriptionOfFinancialInvestment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfFinancialInvestment" xlink:to="sid_DescriptionOfFinancialInvestment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfFinancialInvestment_lbl" xml:lang="en-US">Description of financial investment</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdvanceForFutureCapitalIncreases" xlink:label="sid_AdvanceForFutureCapitalIncreases" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdvanceForFutureCapitalIncreases" xlink:to="sid_AdvanceForFutureCapitalIncreases_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdvanceForFutureCapitalIncreases_lbl" xml:lang="en-US">Advance for future capital increase</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DistributionOfMandatoryMinimumDividend" xlink:label="sid_DistributionOfMandatoryMinimumDividend" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DistributionOfMandatoryMinimumDividend" xlink:to="sid_DistributionOfMandatoryMinimumDividend_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DistributionOfMandatoryMinimumDividend_lbl" xml:lang="en-US">Distribution of mandatory minimum dividend</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:to="ifrs-full_DisclosureOfClassesOfShareCapitalTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalTable_lbl" xml:lang="en-US">Disclosure of classes of share capital [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:to="ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalLineItems_lbl" xml:lang="en-US">Disclosure of classes of share capital [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesOutstanding" xlink:to="ifrs-full_NumberOfSharesOutstanding_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NumberOfSharesOutstanding_2_lbl" xml:lang="en-US">Number of common shares outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfShares" xlink:label="sid_PercentageOfShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfShares" xlink:to="sid_PercentageOfShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PercentageOfShares_lbl" xml:lang="en-US">Percent of total shares</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:to="ifrs-full_PercentageOfVotingEquityInterestsAcquired_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_PercentageOfVotingEquityInterestsAcquired_2_lbl" xml:lang="en-US">Percent of voting capital</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BoardsAuthorizationDate" xlink:label="sid_BoardsAuthorizationDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BoardsAuthorizationDate" xlink:to="sid_BoardsAuthorizationDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BoardsAuthorizationDate_lbl" xml:lang="en-US">Board's Authorization</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NumberOfSharesAuthorised" xlink:label="ifrs-full_NumberOfSharesAuthorised" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesAuthorised" xlink:to="ifrs-full_NumberOfSharesAuthorised_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfSharesAuthorised_lbl" xml:lang="en-US">Authorized quantity</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BuybackProgramPeriod" xlink:label="sid_BuybackProgramPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BuybackProgramPeriod" xlink:to="sid_BuybackProgramPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BuybackProgramPeriod_lbl" xml:lang="en-US">Program Period</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageBuybackPrice" xlink:label="sid_AverageBuybackPrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AverageBuybackPrice" xlink:to="sid_AverageBuybackPrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AverageBuybackPrice_lbl" xml:lang="en-US">Average buyback price</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MinimumAndMaximumBuybackPrice" xlink:label="sid_MinimumAndMaximumBuybackPrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MinimumAndMaximumBuybackPrice" xlink:to="sid_MinimumAndMaximumBuybackPrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MinimumAndMaximumBuybackPrice_lbl" xml:lang="en-US">Minimum and maximum buyback price</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SaleOfShares" xlink:label="sid_SaleOfShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SaleOfShares" xlink:to="sid_SaleOfShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SaleOfShares_lbl" xml:lang="en-US">Sale of shares</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TreasuryShare" xlink:label="sid_TreasuryShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TreasuryShare" xlink:to="sid_TreasuryShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TreasuryShare_lbl" xml:lang="en-US">Balance in treasury</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfSharesRepurchased" xlink:label="sid_NumberOfSharesRepurchased" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NumberOfSharesRepurchased" xlink:to="sid_NumberOfSharesRepurchased_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NumberOfSharesRepurchased_lbl" xml:lang="en-US">Quantity purchased (in units)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TreasuryShares" xlink:to="ifrs-full_TreasuryShares_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TreasuryShares_2_lbl" xml:lang="en-US">Amount paid for the shares</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_WeightAverageSharePrice" xlink:label="sid_WeightAverageSharePrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_WeightAverageSharePrice" xlink:to="sid_WeightAverageSharePrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_WeightAverageSharePrice_lbl" xml:lang="en-US">Share price</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TreasurySharesMarketPrice" xlink:label="sid_TreasurySharesMarketPrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TreasurySharesMarketPrice" xlink:to="sid_TreasurySharesMarketPrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TreasurySharesMarketPrice_lbl" xml:lang="en-US">Treasury share market price</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:to="ifrs-full_ProfitLossAttributableToOwnersOfParent_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent_2_lbl" xml:lang="en-US">Profit for the year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_WeightedAverageShares" xlink:label="ifrs-full_WeightedAverageShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_WeightedAverageShares" xlink:to="ifrs-full_WeightedAverageShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_WeightedAverageShares_lbl" xml:lang="en-US">Weighted average number of shares</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BasicAndDilutedEarningsLossPerShare" xlink:label="ifrs-full_BasicAndDilutedEarningsLossPerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BasicAndDilutedEarningsLossPerShare" xlink:to="ifrs-full_BasicAndDilutedEarningsLossPerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BasicAndDilutedEarningsLossPerShare_lbl" xml:lang="en-US">Basic and diluted earnings (loss) per share</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IssuedCapital" xlink:label="ifrs-full_IssuedCapital" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IssuedCapital" xlink:to="ifrs-full_IssuedCapital_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IssuedCapital_lbl" xml:lang="en-US">Issued capital</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalIncrease" xlink:label="sid_CapitalIncrease" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CapitalIncrease" xlink:to="sid_CapitalIncrease_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CapitalIncrease_lbl" xml:lang="en-US">Capital increase</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesAuthorised" xlink:to="ifrs-full_NumberOfSharesAuthorised_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_NumberOfSharesAuthorised_2_lbl" xml:lang="en-US">Number of share authorized to sale</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumbersOfShareIssuedValue" xlink:label="sid_NumbersOfShareIssuedValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NumbersOfShareIssuedValue" xlink:to="sid_NumbersOfShareIssuedValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NumbersOfShareIssuedValue_lbl" xml:lang="en-US">Number of share issued, value</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SharesPrice" xlink:label="sid_SharesPrice" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SharesPrice" xlink:to="sid_SharesPrice_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_SharesPrice_lbl" xml:lang="en-US">Share price</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalReserves" xlink:label="sid_CapitalReserves" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CapitalReserves" xlink:to="sid_CapitalReserves_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CapitalReserves_lbl" xml:lang="en-US">Capital reserve</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProfitForAllocation" xlink:label="sid_ProfitForAllocation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProfitForAllocation" xlink:to="sid_ProfitForAllocation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="sid_ProfitForAllocation_lbl" xml:lang="en-US">Profit for allocation</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProposedDestinationAbtract" xlink:label="sid_ProposedDestinationAbtract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProposedDestinationAbtract" xlink:to="sid_ProposedDestinationAbtract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProposedDestinationAbtract_lbl" xml:lang="en-US">Proposed destination:</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MinimumMandatoryDividend" xlink:label="sid_MinimumMandatoryDividend" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MinimumMandatoryDividend" xlink:to="sid_MinimumMandatoryDividend_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MinimumMandatoryDividend_lbl" xml:lang="en-US">Mandatory minimum dividends:</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_StatutoryReserves" xlink:label="sid_StatutoryReserves" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_StatutoryReserves" xlink:to="sid_StatutoryReserves_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_StatutoryReserves_lbl" xml:lang="en-US">Statutory reserve</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AllocationOfProfit" xlink:label="sid_AllocationOfProfit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AllocationOfProfit" xlink:to="sid_AllocationOfProfit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="sid_AllocationOfProfit_lbl" xml:lang="en-US">Allocation of profit</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:label="ifrs-full_DividendsPaidOrdinarySharesPerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:to="ifrs-full_DividendsPaidOrdinarySharesPerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendsPaidOrdinarySharesPerShare_lbl" xml:lang="en-US">Dividends per share</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CurrentLiabilitiesOnEquityAbtract" xlink:label="sid_CurrentLiabilitiesOnEquityAbtract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CurrentLiabilitiesOnEquityAbtract" xlink:to="sid_CurrentLiabilitiesOnEquityAbtract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CurrentLiabilitiesOnEquityAbtract_lbl" xml:lang="en-US">In current liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsPaidOnShareholdersEquityLiabilites" xlink:label="sid_DividendsPaidOnShareholdersEquityLiabilites" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DividendsPaidOnShareholdersEquityLiabilites" xlink:to="sid_DividendsPaidOnShareholdersEquityLiabilites_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="sid_DividendsPaidOnShareholdersEquityLiabilites_lbl" xml:lang="en-US">Dividends, beginning balance</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsPaidInYear" xlink:label="sid_DividendsPaidInYear" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DividendsPaidInYear" xlink:to="sid_DividendsPaidInYear_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DividendsPaidInYear_lbl" xml:lang="en-US">Dividends paid in year</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProposedDividendOnShareholdersEquityLiabilites" xlink:label="sid_ProposedDividendOnShareholdersEquityLiabilites" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProposedDividendOnShareholdersEquityLiabilites" xlink:to="sid_ProposedDividendOnShareholdersEquityLiabilites_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProposedDividendOnShareholdersEquityLiabilites_lbl" xml:lang="en-US">Proposed dividends in 2020 exercise</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DividendsPaidOnShareholdersEquityLiabilites" xlink:to="sid_DividendsPaidOnShareholdersEquityLiabilites_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="sid_DividendsPaidOnShareholdersEquityLiabilites_2_lbl" xml:lang="en-US">Dividends, ending balance</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfDistributionOfMinimumDividends" xlink:label="sid_PercentageOfDistributionOfMinimumDividends" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfDistributionOfMinimumDividends" xlink:to="sid_PercentageOfDistributionOfMinimumDividends_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PercentageOfDistributionOfMinimumDividends_lbl" xml:lang="en-US">Percentage of distribution of minimum dividends</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetRevenueFromSalesTable" xlink:label="sid_NetRevenueFromSalesTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NetRevenueFromSalesTable" xlink:to="sid_NetRevenueFromSalesTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NetRevenueFromSalesTable_lbl" xml:lang="en-US">NetRevenueFromSalesTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetRevenueFromSalesLineItems" xlink:label="sid_NetRevenueFromSalesLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NetRevenueFromSalesLineItems" xlink:to="sid_NetRevenueFromSalesLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NetRevenueFromSalesLineItems_lbl" xml:lang="en-US">NetRevenueFromSalesLineItems [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossRevenue" xlink:label="sid_GrossRevenue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GrossRevenue" xlink:to="sid_GrossRevenue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_GrossRevenue_lbl" xml:lang="en-US">Gross revenue</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeductionsAbstract" xlink:label="sid_DeductionsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeductionsAbstract" xlink:to="sid_DeductionsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DeductionsAbstract_lbl" xml:lang="en-US">Deductions</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SalesReturnsAndDiscounts" xlink:label="sid_SalesReturnsAndDiscounts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SalesReturnsAndDiscounts" xlink:to="sid_SalesReturnsAndDiscounts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_SalesReturnsAndDiscounts_lbl" xml:lang="en-US">Canceled sales, discounts and rebates</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxEffectOfRevenues" xlink:label="sid_TaxEffectOfRevenues" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxEffectOfRevenues" xlink:to="sid_TaxEffectOfRevenues_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_TaxEffectOfRevenues_lbl" xml:lang="en-US">Taxes on sales</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RevenueDeductions" xlink:label="sid_RevenueDeductions" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RevenueDeductions" xlink:to="sid_RevenueDeductions_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="sid_RevenueDeductions_lbl" xml:lang="en-US">Deductions</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetRevenues" xlink:label="sid_NetRevenues" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NetRevenues" xlink:to="sid_NetRevenues_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="sid_NetRevenues_lbl" xml:lang="en-US">Net revenues</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfTypesOfProductsAndServicesFromWhichEachReportableSegmentDerivesItsRevenues" xlink:label="ifrs-full_DescriptionOfTypesOfProductsAndServicesFromWhichEachReportableSegmentDerivesItsRevenues" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfTypesOfProductsAndServicesFromWhichEachReportableSegmentDerivesItsRevenues" xlink:to="ifrs-full_DescriptionOfTypesOfProductsAndServicesFromWhichEachReportableSegmentDerivesItsRevenues_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfTypesOfProductsAndServicesFromWhichEachReportableSegmentDerivesItsRevenues_lbl" xml:lang="en-US">Description of nature of goods and services</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfBasisOfAccountingForTransactionsBetweenReportableSegments" xlink:label="ifrs-full_DescriptionOfBasisOfAccountingForTransactionsBetweenReportableSegments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfBasisOfAccountingForTransactionsBetweenReportableSegments" xlink:to="ifrs-full_DescriptionOfBasisOfAccountingForTransactionsBetweenReportableSegments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfBasisOfAccountingForTransactionsBetweenReportableSegments_lbl" xml:lang="en-US">Description of timing of revenue recognition</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfPaymentTerms" xlink:label="sid_DescriptionOfPaymentTerms" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfPaymentTerms" xlink:to="sid_DescriptionOfPaymentTerms_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfPaymentTerms_lbl" xml:lang="en-US">Description of payment terms</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureTable" xlink:label="sid_ExpenseByNatureTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpenseByNatureTable" xlink:to="sid_ExpenseByNatureTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExpenseByNatureTable_lbl" xml:lang="en-US">ExpenseByNatureTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureLineItems" xlink:label="sid_ExpenseByNatureLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpenseByNatureLineItems" xlink:to="sid_ExpenseByNatureLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExpenseByNatureLineItems_lbl" xml:lang="en-US">ExpenseByNatureLineItems [Line Items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpensesByNatureAxis" xlink:to="sid_ExpensesByNatureAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ExpensesByNatureAxis_2_lbl" xml:lang="en-US">ExpensesByNatureAxis [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OperatingExpenseExcludingCostOfSales" xlink:label="ifrs-full_OperatingExpenseExcludingCostOfSales" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OperatingExpenseExcludingCostOfSales" xlink:to="ifrs-full_OperatingExpenseExcludingCostOfSales_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_OperatingExpenseExcludingCostOfSales_lbl" xml:lang="en-US">Expense, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaterialIncomeAndExpenseAbstract" xlink:label="ifrs-full_MaterialIncomeAndExpenseAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MaterialIncomeAndExpenseAbstract" xlink:to="ifrs-full_MaterialIncomeAndExpenseAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MaterialIncomeAndExpenseAbstract_lbl" xml:lang="en-US">Classified as:</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CostOfSales" xlink:to="ifrs-full_CostOfSales_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CostOfSales_3_lbl" xml:lang="en-US">Cost of sales</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MiscellaneousOtherOperatingExpense1" xlink:label="sid_MiscellaneousOtherOperatingExpense1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MiscellaneousOtherOperatingExpense1" xlink:to="sid_MiscellaneousOtherOperatingExpense1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_MiscellaneousOtherOperatingExpense1_lbl" xml:lang="en-US">Total</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CostOfSales" xlink:to="ifrs-full_CostOfSales_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CostOfSales_4_lbl" xml:lang="en-US">Production costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SalesAndMarketingExpense" xlink:to="ifrs-full_SalesAndMarketingExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SalesAndMarketingExpense_2_lbl" xml:lang="en-US">Sales expenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdministrativeExpense" xlink:to="ifrs-full_AdministrativeExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdministrativeExpense_2_lbl" xml:lang="en-US">General and Administrative Expenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OperatingExpense" xlink:to="ifrs-full_OperatingExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_OperatingExpense_2_lbl" xml:lang="en-US">Total</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiscellaneousOtherOperatingExpense" xlink:to="ifrs-full_MiscellaneousOtherOperatingExpense_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_MiscellaneousOtherOperatingExpense_2_lbl" xml:lang="en-US">Net</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfProductionProcess" xlink:label="sid_PercentageOfProductionProcess" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfProductionProcess" xlink:to="sid_PercentageOfProductionProcess_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PercentageOfProductionProcess_lbl" xml:lang="en-US">Percentage of production process</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BookBalanceOfAssets" xlink:label="sid_BookBalanceOfAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BookBalanceOfAssets" xlink:to="sid_BookBalanceOfAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BookBalanceOfAssets_lbl" xml:lang="en-US">Book balance of assets</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CostOfProduction" xlink:label="sid_CostOfProduction" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CostOfProduction" xlink:to="sid_CostOfProduction_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CostOfProduction_lbl" xml:lang="en-US">Cost of production</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingIncomeAbstract" xlink:label="sid_OtherOperatingIncomeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherOperatingIncomeAbstract" xlink:to="sid_OtherOperatingIncomeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_OtherOperatingIncomeAbstract_lbl" xml:lang="en-US">Other operating income</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Indemnities" xlink:label="sid_Indemnities" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Indemnities" xlink:to="sid_Indemnities_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_Indemnities_lbl" xml:lang="en-US">Receivables by indemnity</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RentalsAndLeases" xlink:label="sid_RentalsAndLeases" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RentalsAndLeases" xlink:to="sid_RentalsAndLeases_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RentalsAndLeases_lbl" xml:lang="en-US">Rentals and leases</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsReceived1" xlink:label="sid_DividendsReceived1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DividendsReceived1" xlink:to="sid_DividendsReceived1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DividendsReceived1_lbl" xml:lang="en-US">Dividends received</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PisAndCofinsToCompensate" xlink:label="sid_PisAndCofinsToCompensate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PisAndCofinsToCompensate" xlink:to="sid_PisAndCofinsToCompensate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PisAndCofinsToCompensate_lbl" xml:lang="en-US">PIS, COFINS and INSS to compensate</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ContractualFines" xlink:label="sid_ContractualFines" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ContractualFines" xlink:to="sid_ContractualFines_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ContractualFines_lbl" xml:lang="en-US">Contractual fines</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialPensionPlan" xlink:label="sid_ActuarialPensionPlan" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialPensionPlan" xlink:to="sid_ActuarialPensionPlan_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ActuarialPensionPlan_lbl" xml:lang="en-US">Actuarial pension plan</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UpdatedSharesFairValueThroughProfitOrLossOne" xlink:label="sid_UpdatedSharesFairValueThroughProfitOrLossOne" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UpdatedSharesFairValueThroughProfitOrLossOne" xlink:to="sid_UpdatedSharesFairValueThroughProfitOrLossOne_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_UpdatedSharesFairValueThroughProfitOrLossOne_lbl" xml:lang="en-US">Updated shares - Fair Value through profit or loss (VJR) (Note 14II)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ContractualAgreement" xlink:label="sid_ContractualAgreement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ContractualAgreement" xlink:to="sid_ContractualAgreement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ContractualAgreement_lbl" xml:lang="en-US">Contractual agreement</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherRevenues" xlink:label="sid_OtherRevenues" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherRevenues" xlink:to="sid_OtherRevenues_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherRevenues_lbl" xml:lang="en-US">Other revenues</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiscellaneousOtherOperatingIncome" xlink:to="ifrs-full_MiscellaneousOtherOperatingIncome_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_MiscellaneousOtherOperatingIncome_2_lbl" xml:lang="en-US">Total income</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingExpenseAbstract" xlink:label="sid_OtherOperatingExpenseAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherOperatingExpenseAbstract" xlink:to="sid_OtherOperatingExpenseAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_OtherOperatingExpenseAbstract_lbl" xml:lang="en-US">Other operating expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesAndFees" xlink:label="sid_TaxesAndFees" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxesAndFees" xlink:to="sid_TaxesAndFees_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_TaxesAndFees_lbl" xml:lang="en-US">Taxes and fees</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpensesWithEnvironmentalLiabilitiesNet" xlink:label="sid_ExpensesWithEnvironmentalLiabilitiesNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpensesWithEnvironmentalLiabilitiesNet" xlink:to="sid_ExpensesWithEnvironmentalLiabilitiesNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_ExpensesWithEnvironmentalLiabilitiesNet_lbl" xml:lang="en-US">Expenses with environmental liabilities, net</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_WriteoffprovisionOfJudicialDeposits" xlink:label="sid_WriteoffprovisionOfJudicialDeposits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_WriteoffprovisionOfJudicialDeposits" xlink:to="sid_WriteoffprovisionOfJudicialDeposits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_WriteoffprovisionOfJudicialDeposits_lbl" xml:lang="en-US">Write-off/(Provision) of judicial lawsuits</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ContractualFinesOne" xlink:label="sid_ContractualFinesOne" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ContractualFinesOne" xlink:to="sid_ContractualFinesOne_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_ContractualFinesOne_lbl" xml:lang="en-US">Contractual fines</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22" xlink:label="sid_DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22" xlink:to="sid_DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22_lbl" xml:lang="en-US">Depreciation of equipment paralyzed and amortization of intangible assets (note 26)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_WriteOffOfPpeAndIntangibleAssets" xlink:label="sid_WriteOffOfPpeAndIntangibleAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_WriteOffOfPpeAndIntangibleAssets" xlink:to="sid_WriteOffOfPpeAndIntangibleAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_WriteOffOfPpeAndIntangibleAssets_lbl" xml:lang="en-US">Write- off of PP&amp;E and intangible assets (note 10, 11 and 12)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EstimatedLossreversalInInventories" xlink:label="sid_EstimatedLossreversalInInventories" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EstimatedLossreversalInInventories" xlink:to="sid_EstimatedLossreversalInInventories_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_EstimatedLossreversalInInventories_lbl" xml:lang="en-US">Estimated (Loss)/reversal in inventories</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IdlenessInStocksAndParalyzedEquipment" xlink:label="sid_IdlenessInStocksAndParalyzedEquipment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IdlenessInStocksAndParalyzedEquipment" xlink:to="sid_IdlenessInStocksAndParalyzedEquipment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_IdlenessInStocksAndParalyzedEquipment_lbl" xml:lang="en-US">Idleness in stocks and paralyzed equipment</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_StudiesAndProjectEngineeringExpenses" xlink:label="sid_StudiesAndProjectEngineeringExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_StudiesAndProjectEngineeringExpenses" xlink:to="sid_StudiesAndProjectEngineeringExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_StudiesAndProjectEngineeringExpenses_lbl" xml:lang="en-US">Studies and project engineering expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ResearchAndDevelopmentExpenses" xlink:label="sid_ResearchAndDevelopmentExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ResearchAndDevelopmentExpenses" xlink:to="sid_ResearchAndDevelopmentExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_ResearchAndDevelopmentExpenses_lbl" xml:lang="en-US">Research and development expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_HealthcarePlanExpenses" xlink:label="sid_HealthcarePlanExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_HealthcarePlanExpenses" xlink:to="sid_HealthcarePlanExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_HealthcarePlanExpenses_lbl" xml:lang="en-US">Healthcare plan expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowHedgeRealized" xlink:label="sid_CashFlowHedgeRealized" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowHedgeRealized" xlink:to="sid_CashFlowHedgeRealized_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_CashFlowHedgeRealized_lbl" xml:lang="en-US">Cash flow hedge realized (Note 14 b)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UpdatedSharesFairValueThroughProfitOrLoss" xlink:label="sid_UpdatedSharesFairValueThroughProfitOrLoss" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UpdatedSharesFairValueThroughProfitOrLoss" xlink:to="sid_UpdatedSharesFairValueThroughProfitOrLoss_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_UpdatedSharesFairValueThroughProfitOrLoss_lbl" xml:lang="en-US">Updated shares - Fair value through profit or loss (Note 14II)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherExpensesOne" xlink:label="sid_OtherExpensesOne" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherExpensesOne" xlink:to="sid_OtherExpensesOne_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_OtherExpensesOne_lbl" xml:lang="en-US">Other expenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiscellaneousOtherOperatingExpense" xlink:to="ifrs-full_MiscellaneousOtherOperatingExpense_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="ifrs-full_MiscellaneousOtherOperatingExpense_3_lbl" xml:lang="en-US">Expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingIncomeExpense1" xlink:label="sid_OtherOperatingIncomeExpense1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherOperatingIncomeExpense1" xlink:to="sid_OtherOperatingIncomeExpense1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="sid_OtherOperatingIncomeExpense1_lbl" xml:lang="en-US">Other operating income (expenses), net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ReceivablesByIndemnity" xlink:to="sid_ReceivablesByIndemnity_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ReceivablesByIndemnity_2_lbl" xml:lang="en-US">Receivables by indemnity</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RentArrears" xlink:label="sid_RentArrears" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RentArrears" xlink:to="sid_RentArrears_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RentArrears_lbl" xml:lang="en-US">Rent arrears</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CollectionOfInsuranceForMaterialDamage" xlink:label="sid_CollectionOfInsuranceForMaterialDamage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CollectionOfInsuranceForMaterialDamage" xlink:to="sid_CollectionOfInsuranceForMaterialDamage_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CollectionOfInsuranceForMaterialDamage_lbl" xml:lang="en-US">Collection of insurance for material damage</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PrincipalAmountReceivablesForIndemnity" xlink:label="sid_PrincipalAmountReceivablesForIndemnity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PrincipalAmountReceivablesForIndemnity" xlink:to="sid_PrincipalAmountReceivablesForIndemnity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PrincipalAmountReceivablesForIndemnity_lbl" xml:lang="en-US">Principal amount receivables for indemnity</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowHedgeOfPlattsIndex" xlink:label="sid_CashFlowHedgeOfPlattsIndex" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowHedgeOfPlattsIndex" xlink:to="sid_CashFlowHedgeOfPlattsIndex_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashFlowHedgeOfPlattsIndex_lbl" xml:lang="en-US">Cash flow hedge of PLATTS index</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowHedgeRealised" xlink:label="sid_CashFlowHedgeRealised" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowHedgeRealised" xlink:to="sid_CashFlowHedgeRealised_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashFlowHedgeRealised_lbl" xml:lang="en-US">Cash flow hedge realized</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinanceIncomeAbstract" xlink:label="sid_FinanceIncomeAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinanceIncomeAbstract" xlink:to="sid_FinanceIncomeAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_FinanceIncomeAbstract_lbl" xml:lang="en-US">Financial income</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RelatedParties" xlink:label="sid_RelatedParties" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RelatedParties" xlink:to="sid_RelatedParties_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RelatedParties_lbl" xml:lang="en-US">Related parties (note 22 b)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeFromFinancialInvestments" xlink:label="sid_IncomeFromFinancialInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeFromFinancialInvestments" xlink:to="sid_IncomeFromFinancialInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IncomeFromFinancialInvestments_lbl" xml:lang="en-US">Income from financial investments</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UpdatedSharesFairValueThroughProfitOrLos" xlink:label="sid_UpdatedSharesFairValueThroughProfitOrLos" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UpdatedSharesFairValueThroughProfitOrLos" xlink:to="sid_UpdatedSharesFairValueThroughProfitOrLos_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_UpdatedSharesFairValueThroughProfitOrLos_lbl" xml:lang="en-US">Updated shares - Fair value through profit or loss (Note 14 II)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherIncome" xlink:label="ifrs-full_OtherIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherIncome" xlink:to="ifrs-full_OtherIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherIncome_lbl" xml:lang="en-US">Other income</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceIncome" xlink:to="ifrs-full_FinanceIncome_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_FinanceIncome_2_lbl" xml:lang="en-US">Financial income</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinanceCostsAbstract" xlink:label="sid_FinanceCostsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinanceCostsAbstract" xlink:to="sid_FinanceCostsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_FinanceCostsAbstract_lbl" xml:lang="en-US">Financial expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingForeignCurrency" xlink:label="sid_BorrowingsAndFinancingForeignCurrency" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingsAndFinancingForeignCurrency" xlink:to="sid_BorrowingsAndFinancingForeignCurrency_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_BorrowingsAndFinancingForeignCurrency_lbl" xml:lang="en-US">Borrowings and financing - foreign currency (note 13 b)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingLocalCurrency" xlink:label="sid_BorrowingsAndFinancingLocalCurrency" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingsAndFinancingLocalCurrency" xlink:to="sid_BorrowingsAndFinancingLocalCurrency_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_BorrowingsAndFinancingLocalCurrency_lbl" xml:lang="en-US">Borrowings and financing - local currency (note 13 b)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RelatedPartiesOne" xlink:label="sid_RelatedPartiesOne" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RelatedPartiesOne" xlink:to="sid_RelatedPartiesOne_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_RelatedPartiesOne_lbl" xml:lang="en-US">Related parties</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Leases" xlink:label="sid_Leases" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Leases" xlink:to="sid_Leases_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_Leases_lbl" xml:lang="en-US">Lease liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalizedInterest" xlink:label="sid_CapitalizedInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CapitalizedInterest" xlink:to="sid_CapitalizedInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_CapitalizedInterest_lbl" xml:lang="en-US">Capitalised interest (notes 11 and 33)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InterestFinesAndLatePaymentCharges" xlink:label="sid_InterestFinesAndLatePaymentCharges" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InterestFinesAndLatePaymentCharges" xlink:to="sid_InterestFinesAndLatePaymentCharges_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_InterestFinesAndLatePaymentCharges_lbl" xml:lang="en-US">Interest and fines</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentPresentValueOfTradePayables" xlink:label="sid_AdjustmentPresentValueOfTradePayables" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentPresentValueOfTradePayables" xlink:to="sid_AdjustmentPresentValueOfTradePayables_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_AdjustmentPresentValueOfTradePayables_lbl" xml:lang="en-US">(-) Adjustment present value of trade payables</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CommissionAndBankFees" xlink:label="sid_CommissionAndBankFees" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CommissionAndBankFees" xlink:to="sid_CommissionAndBankFees_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_CommissionAndBankFees_lbl" xml:lang="en-US">Commission, bank fees, Guarantee and bank fees</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PiscofinsOverFinancialIncome" xlink:label="sid_PiscofinsOverFinancialIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PiscofinsOverFinancialIncome" xlink:to="sid_PiscofinsOverFinancialIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_PiscofinsOverFinancialIncome_lbl" xml:lang="en-US">PIS/COFINS over financial income</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherFinancialExpenses" xlink:label="sid_OtherFinancialExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherFinancialExpenses" xlink:to="sid_OtherFinancialExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_OtherFinancialExpenses_lbl" xml:lang="en-US">Other financial expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinanceCosts1" xlink:label="sid_FinanceCosts1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinanceCosts1" xlink:to="sid_FinanceCosts1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="sid_FinanceCosts1_lbl" xml:lang="en-US">Financial expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersFinancialItemsNetAbstract" xlink:label="sid_OthersFinancialItemsNetAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersFinancialItemsNetAbstract" xlink:to="sid_OthersFinancialItemsNetAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OthersFinancialItemsNetAbstract_lbl" xml:lang="en-US">Others financial items, net</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ForeignExchangeAndMonetaryVariationNet" xlink:label="sid_ForeignExchangeAndMonetaryVariationNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ForeignExchangeAndMonetaryVariationNet" xlink:to="sid_ForeignExchangeAndMonetaryVariationNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ForeignExchangeAndMonetaryVariationNet_lbl" xml:lang="en-US">Foreign exchange and monetary variation, net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:to="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl" xml:lang="en-US">Gains and (losses) on exchange derivatives</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersFinancial" xlink:label="sid_OthersFinancial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersFinancial" xlink:to="sid_OthersFinancial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OthersFinancial_lbl" xml:lang="en-US">Others financial</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialIncomeExpenses" xlink:label="sid_FinancialIncomeExpenses" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialIncomeExpenses" xlink:to="sid_FinancialIncomeExpenses_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_FinancialIncomeExpenses_lbl" xml:lang="en-US">Financial income (expenses)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_StatementOfGainsAndLossesOnDerivativeTransactionsAbstract" xlink:label="sid_StatementOfGainsAndLossesOnDerivativeTransactionsAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_StatementOfGainsAndLossesOnDerivativeTransactionsAbstract" xlink:to="sid_StatementOfGainsAndLossesOnDerivativeTransactionsAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_StatementOfGainsAndLossesOnDerivativeTransactionsAbstract_lbl" xml:lang="en-US">Statement of gains and (losses) on derivative transactions (note 14)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DollarToEuroSwap" xlink:label="sid_DollarToEuroSwap" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DollarToEuroSwap" xlink:to="sid_DollarToEuroSwap_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DollarToEuroSwap_lbl" xml:lang="en-US">Exchange rate swap Dollar x Euro</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapGbpEuro" xlink:label="sid_ExchangeRateSwapGbpEuro" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeRateSwapGbpEuro" xlink:to="sid_ExchangeRateSwapGbpEuro_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExchangeRateSwapGbpEuro_lbl" xml:lang="en-US">Exchange rate swap GBP x Euro</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CdiXDollarSwap" xlink:label="sid_CdiXDollarSwap" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CdiXDollarSwap" xlink:to="sid_CdiXDollarSwap_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CdiXDollarSwap_lbl" xml:lang="en-US">Exchange rate swap CDI x Dollar</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalFutureDi" xlink:label="sid_TotalFutureDi" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalFutureDi" xlink:to="sid_TotalFutureDi_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TotalFutureDi_lbl" xml:lang="en-US">Total Future DI</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecognitionOfExclusionOfIcmsInPisAndCofins" xlink:label="sid_RecognitionOfExclusionOfIcmsInPisAndCofins" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RecognitionOfExclusionOfIcmsInPisAndCofins" xlink:to="sid_RecognitionOfExclusionOfIcmsInPisAndCofins_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RecognitionOfExclusionOfIcmsInPisAndCofins_lbl" xml:lang="en-US">Recognition of the exclusion of ICMS in the PIS and COFINS</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReceivablesForIndemnity" xlink:label="sid_ReceivablesForIndemnity" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ReceivablesForIndemnity" xlink:to="sid_ReceivablesForIndemnity_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ReceivablesForIndemnity_lbl" xml:lang="en-US">Receivables for indemnity</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:to="ifrs-full_DisclosureOfOperatingSegmentsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsTable_lbl" xml:lang="en-US">Disclosure of operating segments [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:to="ifrs-full_DisclosureOfOperatingSegmentsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsLineItems_lbl" xml:lang="en-US">Disclosure of operating segments [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Subsegments1Axis" xlink:to="sid_Subsegments1Axis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_Subsegments1Axis_2_lbl" xml:lang="en-US">Disability table [Axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Revenue" xlink:to="ifrs-full_Revenue_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Revenue_3_lbl" xml:lang="en-US">Net revenues</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeneralAndAdministrativeExpense" xlink:label="ifrs-full_GeneralAndAdministrativeExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GeneralAndAdministrativeExpense" xlink:to="ifrs-full_GeneralAndAdministrativeExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GeneralAndAdministrativeExpense_lbl" xml:lang="en-US">General and administrative expenses</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingIncomeExpensesNet" xlink:label="sid_OtherOperatingIncomeExpensesNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherOperatingIncomeExpensesNet" xlink:to="sid_OtherOperatingIncomeExpensesNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherOperatingIncomeExpensesNet_lbl" xml:lang="en-US">Other operating (income) expenses, net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossFromOperatingActivities" xlink:to="ifrs-full_ProfitLossFromOperatingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_2_lbl" xml:lang="en-US">Operating result before Financial Income and Taxes</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:to="ifrs-full_PercentageOfVotingEquityInterestsAcquired_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_PercentageOfVotingEquityInterestsAcquired_3_lbl" xml:lang="en-US">Percentage of ownership</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfAssets" xlink:label="sid_DescriptionOfAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfAssets" xlink:to="sid_DescriptionOfAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfAssets_lbl" xml:lang="en-US">Description of assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="ifrs-full_DisclosureOfDefinedBenefitPlansTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:to="ifrs-full_DisclosureOfDefinedBenefitPlansTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDefinedBenefitPlansTable_lbl" xml:lang="en-US">Disclosure of defined benefit plans [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:to="ifrs-full_DisclosureOfDefinedBenefitPlansLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfDefinedBenefitPlansLineItems_lbl" xml:lang="en-US">Disclosure of defined benefit plans [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DefinedBenefitPlansAxis" xlink:to="ifrs-full_DefinedBenefitPlansAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DefinedBenefitPlansAxis_2_lbl" xml:lang="en-US">Defined benefit plans [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssetsOfBenefitPlan" xlink:label="ifrs-full_AssetsOfBenefitPlan" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssetsOfBenefitPlan" xlink:to="ifrs-full_AssetsOfBenefitPlan_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AssetsOfBenefitPlan_lbl" xml:lang="en-US">Actuarial assets</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LiabilitiesOfBenefitPlan" xlink:label="sid_LiabilitiesOfBenefitPlan" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LiabilitiesOfBenefitPlan" xlink:to="sid_LiabilitiesOfBenefitPlan_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LiabilitiesOfBenefitPlan_lbl" xml:lang="en-US">Actuarial liabilities</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:label="ifrs-full_DefinedBenefitObligationAtPresentValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:to="ifrs-full_DefinedBenefitObligationAtPresentValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DefinedBenefitObligationAtPresentValue_lbl" xml:lang="en-US">Present value of defined benefit obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PlanAssetsAtFairValue1" xlink:label="sid_PlanAssetsAtFairValue1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PlanAssetsAtFairValue1" xlink:to="sid_PlanAssetsAtFairValue1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="sid_PlanAssetsAtFairValue1_lbl" xml:lang="en-US">Fair value of plan assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SurplusDeficitInPlan" xlink:label="ifrs-full_SurplusDeficitInPlan" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SurplusDeficitInPlan" xlink:to="ifrs-full_SurplusDeficitInPlan_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:label="ifrs-full_SurplusDeficitInPlan_lbl" xml:lang="en-US">Deficit(Surplus)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RestrictionToActuarialAssetsDueToRecoveryLimitation" xlink:label="sid_RestrictionToActuarialAssetsDueToRecoveryLimitation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RestrictionToActuarialAssetsDueToRecoveryLimitation" xlink:to="sid_RestrictionToActuarialAssetsDueToRecoveryLimitation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RestrictionToActuarialAssetsDueToRecoveryLimitation_lbl" xml:lang="en-US">Restriction to actuarial assets due to recovery limitation</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:label="ifrs-full_LiabilityAssetOfDefinedBenefitPlans" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:to="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_lbl" xml:lang="en-US">Liabilities (Assets), net</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LiabilitiesOfBenefitPlan" xlink:to="sid_LiabilitiesOfBenefitPlan_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_LiabilitiesOfBenefitPlan_2_lbl" xml:lang="en-US">Liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AssetsOfBenefitPlan" xlink:to="ifrs-full_AssetsOfBenefitPlan_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_AssetsOfBenefitPlan_2_lbl" xml:lang="en-US">Assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:to="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ifrs-full_LiabilityAssetOfDefinedBenefitPlans_2_lbl" xml:lang="en-US">Net (assets) recognized in the balance sheet</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentValueOfObligationAbstract" xlink:label="sid_PresentValueOfObligationAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PresentValueOfObligationAbstract" xlink:to="sid_PresentValueOfObligationAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PresentValueOfObligationAbstract_lbl" xml:lang="en-US">Rollforward of present value of obligation</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:to="ifrs-full_DefinedBenefitObligationAtPresentValue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_DefinedBenefitObligationAtPresentValue_2_lbl" xml:lang="en-US">Present value of obligations at the beginning of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Cost of service</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Interest cost</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ContributionsToPlanNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_ContributionsToPlanNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContributionsToPlanNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ContributionsToPlanNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ContributionsToPlanNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Participant contributions made in the period</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BenefitsPaidOrPayable" xlink:label="ifrs-full_BenefitsPaidOrPayable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BenefitsPaidOrPayable" xlink:to="ifrs-full_BenefitsPaidOrPayable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BenefitsPaidOrPayable_lbl" xml:lang="en-US">Benefits paid</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialLossgain" xlink:label="sid_ActuarialLossgain" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialLossgain" xlink:to="sid_ActuarialLossgain_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ActuarialLossgain_lbl" xml:lang="en-US">Actuarial loss/(gain)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:to="ifrs-full_DefinedBenefitObligationAtPresentValue_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_DefinedBenefitObligationAtPresentValue_3_lbl" xml:lang="en-US">Present value of obligations at the end of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PlanAssetsAtFairValue" xlink:label="ifrs-full_PlanAssetsAtFairValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PlanAssetsAtFairValue" xlink:to="ifrs-full_PlanAssetsAtFairValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="ifrs-full_PlanAssetsAtFairValue_lbl" xml:lang="en-US">Fair value of plan assets at the beginning of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InterestIncomeNetDefinedBenefitLiabilityAsset" xlink:label="sid_InterestIncomeNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InterestIncomeNetDefinedBenefitLiabilityAsset" xlink:to="sid_InterestIncomeNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_InterestIncomeNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Interest income</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BenefitsPaidOrPayable" xlink:to="ifrs-full_BenefitsPaidOrPayable_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:label="ifrs-full_BenefitsPaidOrPayable_2_lbl" xml:lang="en-US">Benefits paid</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Participant contributions made in the period</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Return on plan assets (less interest income)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PlanAssetsAtFairValue" xlink:to="ifrs-full_PlanAssetsAtFairValue_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="ifrs-full_PlanAssetsAtFairValue_2_lbl" xml:lang="en-US">Fair value of plan assets at the end of the year</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset_2_lbl" xml:lang="en-US">Cost of current service</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:label="sid_ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:to="sid_ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Expected return on plan assets</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" xlink:label="ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" xlink:to="ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling_lbl" xml:lang="en-US">Interest on the asset ceiling effect</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeExpenseFromDefinedBenefitObligation" xlink:label="sid_IncomeExpenseFromDefinedBenefitObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeExpenseFromDefinedBenefitObligation" xlink:to="sid_IncomeExpenseFromDefinedBenefitObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IncomeExpenseFromDefinedBenefitObligation_lbl" xml:lang="en-US">Total costs / (income), net</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Actuarial losses and (gains)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset" xlink:label="sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset" xlink:to="sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Change in the asset's limit (excluding interest income)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset" xlink:label="sid_TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset" xlink:to="sid_TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Total cost of actuarial losses and (gains)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecognisedGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:label="sid_RecognisedGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RecognisedGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:to="sid_RecognisedGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RecognisedGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Actuarial losses and (gains) recognized in other comprehensive income</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialLossesAndGainsUnrecognizedInOtherComprehensiveIncome" xlink:label="sid_ActuarialLossesAndGainsUnrecognizedInOtherComprehensiveIncome" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialLossesAndGainsUnrecognizedInOtherComprehensiveIncome" xlink:to="sid_ActuarialLossesAndGainsUnrecognizedInOtherComprehensiveIncome_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ActuarialLossesAndGainsUnrecognizedInOtherComprehensiveIncome_lbl" xml:lang="en-US">Unrecognized actuarial (gains)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Loss due to change in demographic assumptions</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Loss due to change in financial assumptions</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset_lbl" xml:lang="en-US">Loss due to experience adjustments</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfActuarialFinancingMethod" xlink:label="sid_DescriptionOfActuarialFinancingMethod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfActuarialFinancingMethod" xlink:to="sid_DescriptionOfActuarialFinancingMethod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfActuarialFinancingMethod_lbl" xml:lang="en-US">Actuarial financing method</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfFunctionalCurrency" xlink:label="ifrs-full_DescriptionOfFunctionalCurrency" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DescriptionOfFunctionalCurrency" xlink:to="ifrs-full_DescriptionOfFunctionalCurrency_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DescriptionOfFunctionalCurrency_lbl" xml:lang="en-US">Functional currency</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfRecognitionOfPlanAssets" xlink:label="sid_DescriptionOfRecognitionOfPlanAssets" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfRecognitionOfPlanAssets" xlink:to="sid_DescriptionOfRecognitionOfPlanAssets_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfRecognitionOfPlanAssets_lbl" xml:lang="en-US">Recognition of plan assets</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssumptionOfNominalDiscountRates" xlink:label="sid_ActuarialAssumptionOfNominalDiscountRates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialAssumptionOfNominalDiscountRates" xlink:to="sid_ActuarialAssumptionOfNominalDiscountRates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ActuarialAssumptionOfNominalDiscountRates_lbl" xml:lang="en-US">Nominal discount rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" xlink:to="ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation_lbl" xml:lang="en-US">Inflation rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:to="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_lbl" xml:lang="en-US">Nominal salary increase rate</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases" xlink:to="ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases_lbl" xml:lang="en-US">Nominal benefit increase rate</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssumptionOfRateOfReturnsOnInvestments" xlink:label="sid_ActuarialAssumptionOfRateOfReturnsOnInvestments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialAssumptionOfRateOfReturnsOnInvestments" xlink:to="sid_ActuarialAssumptionOfRateOfReturnsOnInvestments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ActuarialAssumptionOfRateOfReturnsOnInvestments_lbl" xml:lang="en-US">Rate of return on investments</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GeneralMortalityTableDescription" xlink:label="sid_GeneralMortalityTableDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GeneralMortalityTableDescription" xlink:to="sid_GeneralMortalityTableDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_GeneralMortalityTableDescription_lbl" xml:lang="en-US">General mortality table</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisabilityTableDescription" xlink:label="sid_DisabilityTableDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisabilityTableDescription" xlink:to="sid_DisabilityTableDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisabilityTableDescription_lbl" xml:lang="en-US">Disability table</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisabilityMortalityTableDescription" xlink:label="sid_DisabilityMortalityTableDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisabilityMortalityTableDescription" xlink:to="sid_DisabilityMortalityTableDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisabilityMortalityTableDescription_lbl" xml:lang="en-US">Disability mortality table</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TurnoverTableDescription" xlink:label="sid_TurnoverTableDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TurnoverTableDescription" xlink:to="sid_TurnoverTableDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TurnoverTableDescription_lbl" xml:lang="en-US">Turnover table</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfRetirementAge" xlink:label="sid_DescriptionOfRetirementAge" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfRetirementAge" xlink:to="sid_DescriptionOfRetirementAge_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfRetirementAge_lbl" xml:lang="en-US">Retirement age</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfHouseholdOfActiveParticipants" xlink:label="sid_DescriptionOfHouseholdOfActiveParticipants" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfHouseholdOfActiveParticipants" xlink:to="sid_DescriptionOfHouseholdOfActiveParticipants_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfHouseholdOfActiveParticipants_lbl" xml:lang="en-US">Household of active participants</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ParticipantsAxis" xlink:to="sid_ParticipantsAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_ParticipantsAxis_2_lbl" xml:lang="en-US">Supplies [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive" xlink:label="sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive" xlink:to="sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive_lbl" xml:lang="en-US">Average life expectancy of employees (in years)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageLifeExpectancyOfEmployeesThatAreForty" xlink:label="sid_AverageLifeExpectancyOfEmployeesThatAreForty" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AverageLifeExpectancyOfEmployeesThatAreForty" xlink:to="sid_AverageLifeExpectancyOfEmployeesThatAreForty_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AverageLifeExpectancyOfEmployeesThatAreForty_lbl" xml:lang="en-US">Average life expectancy in years of employees who are 40 (in years)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis" xlink:to="sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis_2_lbl" xml:lang="en-US">DefinedBenefitPlanByPlanAssetsCategoriesAxis [Axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PlanAssetsAtFairValue" xlink:to="ifrs-full_PlanAssetsAtFairValue_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PlanAssetsAtFairValue_3_lbl" xml:lang="en-US">Allocation of plan assets</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PlanAssetsPercentage" xlink:label="sid_PlanAssetsPercentage" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PlanAssetsPercentage" xlink:to="sid_PlanAssetsPercentage_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PlanAssetsPercentage_lbl" xml:lang="en-US">Allocation of plan assets percent</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PossibleActuarialAssumptionAxis" xlink:to="sid_PossibleActuarialAssumptionAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_PossibleActuarialAssumptionAxis_2_lbl" xml:lang="en-US">PossibleActuarialAssumptionAxis [Axis]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionsAxis" xlink:to="ifrs-full_ActuarialAssumptionsAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ActuarialAssumptionsAxis_2_lbl" xml:lang="en-US">Actuarial assumptions [axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityLevel" xlink:label="sid_SensitivityLevel" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SensitivityLevel" xlink:to="sid_SensitivityLevel_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SensitivityLevel_lbl" xml:lang="en-US">Sensitivity level</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityLevelYear" xlink:label="sid_SensitivityLevelYear" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SensitivityLevelYear" xlink:to="sid_SensitivityLevelYear_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SensitivityLevelYear_lbl" xml:lang="en-US">Sensitivity level, year</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations" xlink:label="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations" xlink:to="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations_lbl" xml:lang="en-US">Effect on current service cost and on interest on actuarial obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOnPresentValueOfObligations" xlink:label="sid_EffectOnPresentValueOfObligations" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EffectOnPresentValueOfObligations" xlink:to="sid_EffectOnPresentValueOfObligations_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EffectOnPresentValueOfObligations_lbl" xml:lang="en-US">Effect on present value of obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths" xlink:to="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths_lbl" xml:lang="en-US">Year 1</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo" xlink:to="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo_lbl" xml:lang="en-US">Year 2</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree" xlink:to="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree_lbl" xml:lang="en-US">Year 3</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour" xlink:to="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour_lbl" xml:lang="en-US">Year 4</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive" xlink:to="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive_lbl" xml:lang="en-US">Year 5</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter" xlink:to="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter_lbl" xml:lang="en-US">Next 5 years</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPayments" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPayments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanForecastFutureBenefitPayments" xlink:to="sid_DefinedBenefitPlanForecastFutureBenefitPayments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPayments_lbl" xml:lang="en-US">Total forecast payments</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:to="ifrs-full_DefinedBenefitObligationAtPresentValue_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_DefinedBenefitObligationAtPresentValue_4_lbl" xml:lang="en-US">Present value of obligations</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LiabilitiesOfBenefitPlan" xlink:to="sid_LiabilitiesOfBenefitPlan_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="sid_LiabilitiesOfBenefitPlan_3_lbl" xml:lang="en-US">Actuarial liability at the beginning of the year</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpensesRecognizedInIncomeNetDefinedBenefitLiability" xlink:label="sid_ExpensesRecognizedInIncomeNetDefinedBenefitLiability" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpensesRecognizedInIncomeNetDefinedBenefitLiability" xlink:to="sid_ExpensesRecognizedInIncomeNetDefinedBenefitLiability_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExpensesRecognizedInIncomeNetDefinedBenefitLiability_lbl" xml:lang="en-US">Expenses recognized in income for the year</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability" xlink:label="sid_SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability" xlink:to="sid_SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability_lbl" xml:lang="en-US">Sponsor's contributions transferred in prior year</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecognitionOfLossGainNetDefinedBenefitLiability" xlink:label="sid_RecognitionOfLossGainNetDefinedBenefitLiability" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RecognitionOfLossGainNetDefinedBenefitLiability" xlink:to="sid_RecognitionOfLossGainNetDefinedBenefitLiability_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RecognitionOfLossGainNetDefinedBenefitLiability_lbl" xml:lang="en-US">Recognition of actuarial loss/(gain)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LiabilitiesOfBenefitPlan" xlink:to="sid_LiabilitiesOfBenefitPlan_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="sid_LiabilitiesOfBenefitPlan_4_lbl" xml:lang="en-US">Actuarial liability at the end of the year</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_2_lbl" xml:lang="en-US">Gain/(loss) recognized in shareholders' equity</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageLifeExpectancyOfEmployees" xlink:label="sid_AverageLifeExpectancyOfEmployees" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AverageLifeExpectancyOfEmployees" xlink:to="sid_AverageLifeExpectancyOfEmployees_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_AverageLifeExpectancyOfEmployees_lbl" xml:lang="en-US">Average life expectancy of employees (in years)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:label="ifrs-full_ActuarialAssumptionOfDiscountRates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:to="ifrs-full_ActuarialAssumptionOfDiscountRates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionOfDiscountRates_lbl" xml:lang="en-US">Actuarial nominal discount rate</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RealIncreaseInMedicalCostsBasedOnAgeAgingFactor" xlink:label="sid_RealIncreaseInMedicalCostsBasedOnAgeAgingFactor" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RealIncreaseInMedicalCostsBasedOnAgeAgingFactor" xlink:to="sid_RealIncreaseInMedicalCostsBasedOnAgeAgingFactor_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RealIncreaseInMedicalCostsBasedOnAgeAgingFactor_lbl" xml:lang="en-US">Real increase in medical costs based on age (Aging Factor)</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xlink:label="ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xlink:to="ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates_lbl" xml:lang="en-US">Nominal increase medical costs growth rate</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageMedicalCost" xlink:label="sid_AverageMedicalCost" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AverageMedicalCost" xlink:to="sid_AverageMedicalCost_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AverageMedicalCost_lbl" xml:lang="en-US">Average medical cost</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1" xlink:label="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1" xlink:to="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1_lbl" xml:lang="en-US">Effect on current service cost and on interest on actuarial obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOnPresentValueOfObligations1" xlink:label="sid_EffectOnPresentValueOfObligations1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EffectOnPresentValueOfObligations1" xlink:to="sid_EffectOnPresentValueOfObligations1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_EffectOnPresentValueOfObligations1_lbl" xml:lang="en-US">Effect on present value of obligations</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NumberOfParticipantsOfRetirementBenefitPlanReceivingBenefits" xlink:label="ifrs-full_NumberOfParticipantsOfRetirementBenefitPlanReceivingBenefits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfParticipantsOfRetirementBenefitPlanReceivingBenefits" xlink:to="ifrs-full_NumberOfParticipantsOfRetirementBenefitPlanReceivingBenefits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfParticipantsOfRetirementBenefitPlanReceivingBenefits_lbl" xml:lang="en-US">Number of participants</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfSharesHeld" xlink:label="sid_NumberOfSharesHeld" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NumberOfSharesHeld" xlink:to="sid_NumberOfSharesHeld_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NumberOfSharesHeld_lbl" xml:lang="en-US">Number of common shares held</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PlanAssetsValue" xlink:label="sid_PlanAssetsValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PlanAssetsValue" xlink:to="sid_PlanAssetsValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PlanAssetsValue_lbl" xml:lang="en-US">Total guarantee resources</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:to="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_2_lbl" xml:lang="en-US">Percentage of average salary</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ParticipantsSalaryTerm" xlink:label="sid_ParticipantsSalaryTerm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ParticipantsSalaryTerm" xlink:to="sid_ParticipantsSalaryTerm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ParticipantsSalaryTerm_lbl" xml:lang="en-US">Participant's salary term</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfBenefitReceivingInCash" xlink:label="sid_PercentageOfBenefitReceivingInCash" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfBenefitReceivingInCash" xlink:to="sid_PercentageOfBenefitReceivingInCash_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PercentageOfBenefitReceivingInCash_lbl" xml:lang="en-US">Percentage of benefit receiving in cash</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PensionPlanExpense" xlink:label="sid_PensionPlanExpense" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PensionPlanExpense" xlink:to="sid_PensionPlanExpense_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PensionPlanExpense_lbl" xml:lang="en-US">Pension plan expense</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" xlink:label="ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" xlink:to="ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan_lbl" xml:lang="en-US">Contributions forecast to be paid 2020</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:to="ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset_2_lbl" xml:lang="en-US">Contributions amount</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfPensionFundMarket" xlink:label="sid_DescriptionOfPensionFundMarket" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfPensionFundMarket" xlink:to="sid_DescriptionOfPensionFundMarket_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfPensionFundMarket_lbl" xml:lang="en-US">Description of pension fund market</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfInvestmentPolicy" xlink:label="sid_DescriptionOfInvestmentPolicy" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfInvestmentPolicy" xlink:to="sid_DescriptionOfInvestmentPolicy_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfInvestmentPolicy_lbl" xml:lang="en-US">Description of investment policy</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfCommitmentsTable" xlink:label="sid_DisclosureOfCommitmentsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfCommitmentsTable" xlink:to="sid_DisclosureOfCommitmentsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisclosureOfCommitmentsTable_lbl" xml:lang="en-US">DisclosureOfCommitmentsTable [Table]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfCommitmentsLineItems" xlink:label="sid_DisclosureOfCommitmentsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfCommitmentsLineItems" xlink:to="sid_DisclosureOfCommitmentsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DisclosureOfCommitmentsLineItems_lbl" xml:lang="en-US">DisclosureOfCommitmentsLineItems [Line Items]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CapitalCommitments" xlink:label="ifrs-full_CapitalCommitments" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CapitalCommitments" xlink:to="ifrs-full_CapitalCommitments_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CapitalCommitments_lbl" xml:lang="en-US">Take-or-pay contracts</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MinimumFuturePaymentsOfTakeOrPayContracts" xlink:label="sid_MinimumFuturePaymentsOfTakeOrPayContracts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MinimumFuturePaymentsOfTakeOrPayContracts" xlink:to="sid_MinimumFuturePaymentsOfTakeOrPayContracts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MinimumFuturePaymentsOfTakeOrPayContracts_lbl" xml:lang="en-US">Minimum future payments of take-or-pay contracts</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfProgressProjectPosts" xlink:label="sid_PercentageOfProgressProjectPosts" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfProgressProjectPosts" xlink:to="sid_PercentageOfProgressProjectPosts_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PercentageOfProgressProjectPosts_lbl" xml:lang="en-US">Percentage of progress project posts</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsessionExpireYear" xlink:label="sid_ConsessionExpireYear" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConsessionExpireYear" xlink:to="sid_ConsessionExpireYear_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ConsessionExpireYear_lbl" xml:lang="en-US">Consession expire year</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ApprovedConstructionInvestment" xlink:label="sid_ApprovedConstructionInvestment" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ApprovedConstructionInvestment" xlink:to="sid_ApprovedConstructionInvestment_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ApprovedConstructionInvestment_lbl" xml:lang="en-US">Approved construction investment</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfCurrentlyApprovedBudget" xlink:label="sid_DescriptionOfCurrentlyApprovedBudget" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfCurrentlyApprovedBudget" xlink:to="sid_DescriptionOfCurrentlyApprovedBudget_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfCurrentlyApprovedBudget_lbl" xml:lang="en-US">Description of currently approved budget</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProposedAmount" xlink:label="sid_ProposedAmount" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProposedAmount" xlink:to="sid_ProposedAmount_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProposedAmount_lbl" xml:lang="en-US">Proposed amount</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfGuaranteesOfFinancingGranted" xlink:label="sid_DescriptionOfGuaranteesOfFinancingGranted" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfGuaranteesOfFinancingGranted" xlink:to="sid_DescriptionOfGuaranteesOfFinancingGranted_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfGuaranteesOfFinancingGranted_lbl" xml:lang="en-US">Description of guarantees of financing granted</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfDebentureConverted" xlink:label="sid_PercentageOfDebentureConverted" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfDebentureConverted" xlink:to="sid_PercentageOfDebentureConverted_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PercentageOfDebentureConverted_lbl" xml:lang="en-US">Percentage of debentures converted</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTypesOfInsuranceContractsTable" xlink:label="ifrs-full_DisclosureOfTypesOfInsuranceContractsTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTypesOfInsuranceContractsTable" xlink:to="ifrs-full_DisclosureOfTypesOfInsuranceContractsTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTypesOfInsuranceContractsTable_lbl" xml:lang="en-US">Disclosure of types of insurance contracts [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTypesOfInsuranceContractsLineItems" xlink:label="ifrs-full_DisclosureOfTypesOfInsuranceContractsLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfTypesOfInsuranceContractsLineItems" xlink:to="ifrs-full_DisclosureOfTypesOfInsuranceContractsLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfTypesOfInsuranceContractsLineItems_lbl" xml:lang="en-US">Disclosure of types of insurance contracts [line items]</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IndemnityLimit" xlink:label="sid_IndemnityLimit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IndemnityLimit" xlink:to="sid_IndemnityLimit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IndemnityLimit_lbl" xml:lang="en-US">Indemnity Limit</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeductibleMaterialDamages" xlink:label="sid_DeductibleMaterialDamages" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeductibleMaterialDamages" xlink:to="sid_DeductibleMaterialDamages_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DeductibleMaterialDamages_lbl" xml:lang="en-US">Deductible material damages</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DaysForLosOfProfits" xlink:label="sid_DaysForLosOfProfits" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DaysForLosOfProfits" xlink:to="sid_DaysForLosOfProfits_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DaysForLosOfProfits_lbl" xml:lang="en-US">Days for loss of profits</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentsForIncomeTaxAndSocialContributionPaid" xlink:label="sid_AdjustmentsForIncomeTaxAndSocialContributionPaid" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentsForIncomeTaxAndSocialContributionPaid" xlink:to="sid_AdjustmentsForIncomeTaxAndSocialContributionPaid_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdjustmentsForIncomeTaxAndSocialContributionPaid_lbl" xml:lang="en-US">Income tax and social contribution paid</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest" xlink:label="sid_AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest" xlink:to="sid_AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest_lbl" xml:lang="en-US">Addition to PP&amp;E with interest capitalization (notes 11 and 28)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InitialAdoptionRightOfUse" xlink:label="sid_InitialAdoptionRightOfUse" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InitialAdoptionRightOfUse" xlink:to="sid_InitialAdoptionRightOfUse_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_InitialAdoptionRightOfUse_lbl" xml:lang="en-US">Initial adoption IFRS16 - Right of use</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RemeasurementRightOfUse1" xlink:label="sid_RemeasurementRightOfUse1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RemeasurementRightOfUse1" xlink:to="sid_RemeasurementRightOfUse1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RemeasurementRightOfUse1_lbl" xml:lang="en-US">Remeasurement and addition - Right of use (note 11 a)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionToPpeWithoutAddingCash" xlink:label="sid_AdditionToPpeWithoutAddingCash" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdditionToPpeWithoutAddingCash" xlink:to="sid_AdditionToPpeWithoutAddingCash_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdditionToPpeWithoutAddingCash_lbl" xml:lang="en-US">Addition to PP&amp;E without adding cash</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalizationInSubsidiariesWithoutCash" xlink:label="sid_CapitalizationInSubsidiariesWithoutCash" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CapitalizationInSubsidiariesWithoutCash" xlink:to="sid_CapitalizationInSubsidiariesWithoutCash_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CapitalizationInSubsidiariesWithoutCash_lbl" xml:lang="en-US">Capitalization in subsidiaries without cash</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionToInvestmentPropertyWithoutCashEffect" xlink:label="sid_AdditionToInvestmentPropertyWithoutCashEffect" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdditionToInvestmentPropertyWithoutCashEffect" xlink:to="sid_AdditionToInvestmentPropertyWithoutCashEffect_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdditionToInvestmentPropertyWithoutCashEffect_lbl" xml:lang="en-US">Addition to investment property without cash effect</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetAdditionalCash" xlink:label="sid_NetAdditionalCash" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NetAdditionalCash" xlink:to="sid_NetAdditionalCash_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="sid_NetAdditionalCash_lbl" xml:lang="en-US">Net additional cash</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:label="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable_lbl" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [table]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:label="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems_lbl" xml:lang="en-US">Disclosure of non-adjusting events after reporting period [line items]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SubsidiarySalesOfStockAxis" xlink:to="sid_SubsidiarySalesOfStockAxis_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_SubsidiarySalesOfStockAxis_2_lbl" xml:lang="en-US">Retirement age [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NumberOfSharesIssued" xlink:label="ifrs-full_NumberOfSharesIssued" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NumberOfSharesIssued" xlink:to="ifrs-full_NumberOfSharesIssued_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NumberOfSharesIssued_lbl" xml:lang="en-US">Number of share issued</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfShareIssuedValue" xlink:label="sid_NumberOfShareIssuedValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NumberOfShareIssuedValue" xlink:to="sid_NumberOfShareIssuedValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="sid_NumberOfShareIssuedValue_lbl" xml:lang="en-US">Number of share issued, value</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CapitalReserve" xlink:to="ifrs-full_CapitalReserve_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_CapitalReserve_2_lbl" xml:lang="en-US">Statutory reserve</link:label>
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ParValuePerShare" xlink:label="ifrs-full_ParValuePerShare" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ParValuePerShare" xlink:to="ifrs-full_ParValuePerShare_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ParValuePerShare_lbl" xml:lang="en-US">Share price (in R$ per share)</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncreaseDecreaseInCapital" xlink:label="sid_IncreaseDecreaseInCapital" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncreaseDecreaseInCapital" xlink:to="sid_IncreaseDecreaseInCapital_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IncreaseDecreaseInCapital_lbl" xml:lang="en-US">Increase in the capital</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfDebtReprofiling" xlink:label="sid_DescriptionOfDebtReprofiling" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfDebtReprofiling" xlink:to="sid_DescriptionOfDebtReprofiling_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DescriptionOfDebtReprofiling_lbl" xml:lang="en-US">Description of debt reprofiling</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ShareCapital" xlink:label="sid_ShareCapital" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ShareCapital" xlink:to="sid_ShareCapital_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ShareCapital_lbl" xml:lang="en-US">Share capital</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfAdditionalSharesHeldByCurrentShareholders" xlink:label="sid_PercentageOfAdditionalSharesHeldByCurrentShareholders" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfAdditionalSharesHeldByCurrentShareholders" xlink:to="sid_PercentageOfAdditionalSharesHeldByCurrentShareholders_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PercentageOfAdditionalSharesHeldByCurrentShareholders_lbl" xml:lang="en-US">Percentage of additional shares held by the current shareholders</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfAdditionalSharesHeldByMajorityShareholder" xlink:label="sid_PercentageOfAdditionalSharesHeldByMajorityShareholder" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfAdditionalSharesHeldByMajorityShareholder" xlink:to="sid_PercentageOfAdditionalSharesHeldByMajorityShareholder_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PercentageOfAdditionalSharesHeldByMajorityShareholder_lbl" xml:lang="en-US">Percentage of additional shares held by the majority shareholder</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RatioOfShareSplit" xlink:label="sid_RatioOfShareSplit" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RatioOfShareSplit" xlink:to="sid_RatioOfShareSplit_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RatioOfShareSplit_lbl" xml:lang="en-US">Ratio of share split</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_Borrowings" xlink:to="ifrs-full_Borrowings_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ifrs-full_Borrowings_3_lbl" xml:lang="en-US">Debt</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingsMaturity" xlink:to="ifrs-full_BorrowingsMaturity_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:label="ifrs-full_BorrowingsMaturity_2_lbl" xml:lang="en-US">Debt maturity year</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DebtReprofiling" xlink:label="sid_DebtReprofiling" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DebtReprofiling" xlink:to="sid_DebtReprofiling_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DebtReprofiling_lbl" xml:lang="en-US">Debt reprofiling</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DebtMaturityYearPostponed" xlink:label="sid_DebtMaturityYearPostponed" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DebtMaturityYearPostponed" xlink:to="sid_DebtMaturityYearPostponed_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DebtMaturityYearPostponed_lbl" xml:lang="en-US">Debt maturity year postponed</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DebtAmortized" xlink:label="sid_DebtAmortized" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DebtAmortized" xlink:to="sid_DebtAmortized_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DebtAmortized_lbl" xml:lang="en-US">Debt amortized</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BuyBackOfDebenturesShares" xlink:label="sid_BuyBackOfDebenturesShares" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BuyBackOfDebenturesShares" xlink:to="sid_BuyBackOfDebenturesShares_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BuyBackOfDebenturesShares_lbl" xml:lang="en-US">Buy back of debentures, shares</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BuyBackOfDebenturesValue" xlink:label="sid_BuyBackOfDebenturesValue" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BuyBackOfDebenturesValue" xlink:to="sid_BuyBackOfDebenturesValue_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BuyBackOfDebenturesValue_lbl" xml:lang="en-US">Buy back of debentures, value</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfBuyBackOfDebentures" xlink:label="sid_PercentageOfBuyBackOfDebentures" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfBuyBackOfDebentures" xlink:to="sid_PercentageOfBuyBackOfDebentures_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PercentageOfBuyBackOfDebentures_lbl" xml:lang="en-US">Percentage of buy back of debentures</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AbroadMember" xlink:to="sid_AbroadMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AbroadMember_doc" xml:lang="en-US">Represents abroad member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AccruedCharges" xlink:to="sid_AccruedCharges_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AccruedCharges_doc" xml:lang="en-US">The amount refers to accrued charges.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AccruedCommisionOnRiskAssumption" xlink:to="sid_AccruedCommisionOnRiskAssumption_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AccruedCommisionOnRiskAssumption_doc" xml:lang="en-US">The amount refers to accrued commision on risk assumption.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AccruedLiabilitieCurrent" xlink:to="sid_AccruedLiabilitieCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AccruedLiabilitieCurrent_doc" xml:lang="en-US">The amount refers to accrued liabilitie current.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AccruedLiabilitiesNonCurrent" xlink:to="sid_AccruedLiabilitiesNonCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AccruedLiabilitiesNonCurrent_doc" xml:lang="en-US">The amount refers to accrued liabilities non current.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AccruedSuppliesAndServicesMember" xlink:to="sid_AccruedSuppliesAndServicesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AccruedSuppliesAndServicesMember_doc" xml:lang="en-US">This member stands for accrued supplies and services.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AccumulatedLosses" xlink:to="sid_AccumulatedLosses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AccumulatedLosses_doc" xml:lang="en-US">The amount of accumulated losses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AcquisitionFairValueSwtCblMember" xlink:to="sid_AcquisitionFairValueSwtCblMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AcquisitionFairValueSwtCblMember_doc" xml:lang="en-US">This member stands for acquisition fair value swt cbl.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialAssetMember" xlink:to="sid_ActuarialAssetMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ActuarialAssetMember_doc" xml:lang="en-US">This member stands for actuarial asset.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialAssetRelatedPartyMember" xlink:to="sid_ActuarialAssetRelatedPartyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ActuarialAssetRelatedPartyMember_doc" xml:lang="en-US">This member stands for actuarial asset related party.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialAssumptionOfMedicalInflationMember" xlink:to="sid_ActuarialAssumptionOfMedicalInflationMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ActuarialAssumptionOfMedicalInflationMember_doc" xml:lang="en-US">This member stands for actuarial assumption of medical inflation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialAssumptionOfMortalityTableMember" xlink:to="sid_ActuarialAssumptionOfMortalityTableMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ActuarialAssumptionOfMortalityTableMember_doc" xml:lang="en-US">This member stands for actuarial assumption of mortality.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialAssumptionOfNominalDiscountRates" xlink:to="sid_ActuarialAssumptionOfNominalDiscountRates_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ActuarialAssumptionOfNominalDiscountRates_doc" xml:lang="en-US">Information about actuarial assumption of nominal discount rates.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialAssumptionOfRateOfReturnsOnInvestments" xlink:to="sid_ActuarialAssumptionOfRateOfReturnsOnInvestments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ActuarialAssumptionOfRateOfReturnsOnInvestments_doc" xml:lang="en-US">The amount refers to actuarial assumption of rate of returns on investments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialLiabilitiesMember" xlink:to="sid_ActuarialLiabilitiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ActuarialLiabilitiesMember_doc" xml:lang="en-US">Represent information about the actuarial liabilities member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialLiabilityPensionAndHealthcarePlanMember" xlink:to="sid_ActuarialLiabilityPensionAndHealthcarePlanMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ActuarialLiabilityPensionAndHealthcarePlanMember_doc" xml:lang="en-US">This member stands for actuarial liability pension and healthcare plan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialLossesAndGainsUnrecognizedInOtherComprehensiveIncome" xlink:to="sid_ActuarialLossesAndGainsUnrecognizedInOtherComprehensiveIncome_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ActuarialLossesAndGainsUnrecognizedInOtherComprehensiveIncome_doc" xml:lang="en-US">The amount refers to actuarial losses and (gains) unrecognized in other comprehensive income.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialPensionPlan" xlink:to="sid_ActuarialPensionPlan_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ActuarialPensionPlan_doc" xml:lang="en-US">Amount refers to the actuarial pension plan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdditionToInvestmentPropertyWithoutCashEffect" xlink:to="sid_AdditionToInvestmentPropertyWithoutCashEffect_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdditionToInvestmentPropertyWithoutCashEffect_doc" xml:lang="en-US">Represent information about the addition to investment property without cash effect.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdditionToPpeWithoutAddingCash" xlink:to="sid_AdditionToPpeWithoutAddingCash_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdditionToPpeWithoutAddingCash_doc" xml:lang="en-US">Represent information about the addition to ppe without adding cash.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdditionalFundingTransactions" xlink:to="sid_AdditionalFundingTransactions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdditionalFundingTransactions_doc" xml:lang="en-US">The amount refers to additional funding transactions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest" xlink:to="sid_AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest_doc" xml:lang="en-US">The cash outflow from addition to PP&amp;amp;amp;amp;amp;amp;E with interest capitalization.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdditionsToAccruals" xlink:to="sid_AdditionsToAccruals_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdditionsToAccruals_doc" xml:lang="en-US">The amount refers to additions to accruals.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentForAccumulatedRecoverableValueMember" xlink:to="sid_AdjustmentForAccumulatedRecoverableValueMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdjustmentForAccumulatedRecoverableValueMember_doc" xml:lang="en-US">This member stands for adjustment for accumulated recoverable</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentPresentValue" xlink:to="sid_AdjustmentPresentValue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdjustmentPresentValue_doc" xml:lang="en-US">Represent information about the adjustment present value.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentPresentValueOfTradePayables" xlink:to="sid_AdjustmentPresentValueOfTradePayables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdjustmentPresentValueOfTradePayables_doc" xml:lang="en-US">Represent information about the adjustment present value of trade payables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentsForIncomeTaxAndSocialContributionPaid" xlink:to="sid_AdjustmentsForIncomeTaxAndSocialContributionPaid_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdjustmentsForIncomeTaxAndSocialContributionPaid_doc" xml:lang="en-US">The cash outflow from a income tax and social contribution paid.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdministrativeMember" xlink:to="sid_AdministrativeMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdministrativeMember_doc" xml:lang="en-US">This member stands for administrative.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdvanceForFutureCapitalIncreases" xlink:to="sid_AdvanceForFutureCapitalIncreases_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdvanceForFutureCapitalIncreases_doc" xml:lang="en-US">Advance for future capital increase.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdvancesFromCustomersMember" xlink:to="sid_AdvancesFromCustomersMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdvancesFromCustomersMember_doc" xml:lang="en-US">This member stands for advances from customers.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdvancesToSuppliersMember" xlink:to="sid_AdvancesToSuppliersMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdvancesToSuppliersMember_doc" xml:lang="en-US">This member stands for advances to suppliers.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AfterSixYearsMember" xlink:to="sid_AfterSixYearsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AfterSixYearsMember_doc" xml:lang="en-US">Represent information about the after six years member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AllocationOfProfit" xlink:to="sid_AllocationOfProfit_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AllocationOfProfit_doc" xml:lang="en-US">Represent information about the allocation of profit.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AmortizationOfLoansAndFinancing" xlink:to="sid_AmortizationOfLoansAndFinancing_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AmortizationOfLoansAndFinancing_doc" xml:lang="en-US">Amount of amortization expense attributable to loans and financing.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AppreciationAssetPosition" xlink:to="sid_AppreciationAssetPosition_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AppreciationAssetPosition_doc" xml:lang="en-US">Appreciation asset position.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AppreciationLiabilityPosition" xlink:to="sid_AppreciationLiabilityPosition_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AppreciationLiabilityPosition_doc" xml:lang="en-US">Appreciation liability position.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ApprovedConstructionInvestment" xlink:to="sid_ApprovedConstructionInvestment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ApprovedConstructionInvestment_doc" xml:lang="en-US">Amount represent the approved construction investment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AroUpdatesPropertyPlantAndEquipment" xlink:to="sid_AroUpdatesPropertyPlantAndEquipment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AroUpdatesPropertyPlantAndEquipment_doc" xml:lang="en-US">Amount represent updates property plant and equipment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AssetRetirementObligationsMember" xlink:to="sid_AssetRetirementObligationsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AssetRetirementObligationsMember_doc" xml:lang="en-US">This member stands for asset retirement obligations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AssetsImpairmentLossesMember" xlink:to="sid_AssetsImpairmentLossesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AssetsImpairmentLossesMember_doc" xml:lang="en-US">This member stands for assets impairment losses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AverageBuybackPrice" xlink:to="sid_AverageBuybackPrice_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AverageBuybackPrice_doc" xml:lang="en-US">The amount refers to average buyback price.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AverageLifeExpectancyOfEmployees" xlink:to="sid_AverageLifeExpectancyOfEmployees_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AverageLifeExpectancyOfEmployees_doc" xml:lang="en-US">Represents the information about average life expectancy in years of employees who are 65.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AverageLifeExpectancyOfEmployeesThatAreForty" xlink:to="sid_AverageLifeExpectancyOfEmployeesThatAreForty_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AverageLifeExpectancyOfEmployeesThatAreForty_doc" xml:lang="en-US">Represents the information about average life expectancy in years of employees who are 40.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive" xlink:to="sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive_doc" xml:lang="en-US">The amount refers to average life expectancy of employees that are sixty five.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AverageSalarySupplementationPlanMember" xlink:to="sid_AverageSalarySupplementationPlanMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AverageSalarySupplementationPlanMember_doc" xml:lang="en-US">This member stands for average salary supplementation plan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BNDESFINAMEDebenturesNCEAndCCBMember" xlink:to="sid_BNDESFINAMEDebenturesNCEAndCCBMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BNDESFINAMEDebenturesNCEAndCCBMember_doc" xml:lang="en-US">This member stands for b n d e s f i n a m e debentures n c e and c c b.</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BankLoansMember" xlink:label="sid_BankLoansMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BankLoansMember" xlink:to="sid_BankLoansMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BankLoansMember_doc" xml:lang="en-US">This member stands for bank loans.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BoardsAuthorizationDate" xlink:to="sid_BoardsAuthorizationDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BoardsAuthorizationDate_doc" xml:lang="en-US">The amount refers to boards authorization date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BondMember" xlink:to="sid_BondMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BondMember_doc" xml:lang="en-US">This member stands for bond.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BondOneMember" xlink:to="sid_BondOneMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BondOneMember_doc" xml:lang="en-US">Represent information about the bond one member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BondsPerpetualBondsACCAndFacilityMember" xlink:to="sid_BondsPerpetualBondsACCAndFacilityMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BondsPerpetualBondsACCAndFacilityMember_doc" xml:lang="en-US">This member stands for bonds perpetual bonds a c c and facility.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BondsPerpetualBondsAndACCMember" xlink:to="sid_BondsPerpetualBondsAndACCMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BondsPerpetualBondsAndACCMember_doc" xml:lang="en-US">This member stands for bonds perpetual bonds and a c c.</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondsPerpetualBondsMember" xlink:label="sid_BondsPerpetualBondsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BondsPerpetualBondsMember" xlink:to="sid_BondsPerpetualBondsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BondsPerpetualBondsMember_doc" xml:lang="en-US">Represent information about the bonds perpetual bonds member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BondsandExportprepaymentsinUSMember" xlink:to="sid_BondsandExportprepaymentsinUSMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BondsandExportprepaymentsinUSMember_doc" xml:lang="en-US">This member stands for bondsand exportprepaymentsin u s.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BondsandExportprepaymentsinUSOneMember" xlink:to="sid_BondsandExportprepaymentsinUSOneMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BondsandExportprepaymentsinUSOneMember_doc" xml:lang="en-US">Represent information about the bondsand exportprepaymentsin u s one member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BookBalanceOfAssets" xlink:to="sid_BookBalanceOfAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BookBalanceOfAssets_doc" xml:lang="en-US">Represent information about the book balance of assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingCostsRecognisedAsExpenseCurrent" xlink:to="sid_BorrowingCostsRecognisedAsExpenseCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BorrowingCostsRecognisedAsExpenseCurrent_doc" xml:lang="en-US">The amount refers to borrowing costs recognised as expense current.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingCostsRecognisedAsExpenseNoncurent" xlink:to="sid_BorrowingCostsRecognisedAsExpenseNoncurent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BorrowingCostsRecognisedAsExpenseNoncurent_doc" xml:lang="en-US">The amount refers to borrowing costs recognised as expense noncurent.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingsAndFinancingForeignCurrency" xlink:to="sid_BorrowingsAndFinancingForeignCurrency_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BorrowingsAndFinancingForeignCurrency_doc" xml:lang="en-US">Amount refers to the borrowings and financing - foreign currency.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingsAndFinancingLocalCurrency" xlink:to="sid_BorrowingsAndFinancingLocalCurrency_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BorrowingsAndFinancingLocalCurrency_doc" xml:lang="en-US">Amount refers to the borrowings and financing - local currency.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingsAndFinancingMember" xlink:to="sid_BorrowingsAndFinancingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BorrowingsAndFinancingMember_doc" xml:lang="en-US">This member stands for borrowings and financing.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingsAndFinancingThirdPartyCapital" xlink:to="sid_BorrowingsAndFinancingThirdPartyCapital_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BorrowingsAndFinancingThirdPartyCapital_doc" xml:lang="en-US">The amount refers to borrowings and financing (Third-party capital).</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingsRelaetdParty" xlink:to="sid_BorrowingsRelaetdParty_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BorrowingsRelaetdParty_doc" xml:lang="en-US">The amount refers to borrowings relaetd party.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BrazilianCentralBankMember" xlink:to="sid_BrazilianCentralBankMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BrazilianCentralBankMember_doc" xml:lang="en-US">Represent information about the brazilian central bank member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BrazilianFederalContributionsMember" xlink:to="sid_BrazilianFederalContributionsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BrazilianFederalContributionsMember_doc" xml:lang="en-US">Represent information about the brazilian federal contributions member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BrazilianReaisMember" xlink:to="sid_BrazilianReaisMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BrazilianReaisMember_doc" xml:lang="en-US">Represent information about the brazilian reais member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BusinessCombinationMember" xlink:to="sid_BusinessCombinationMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BusinessCombinationMember_doc" xml:lang="en-US">This member stands for business combination.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BuybackProgram9Number2Member" xlink:to="sid_BuybackProgram9Number2Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BuybackProgram9Number2Member_doc" xml:lang="en-US">This member stands for buyback program9 number2.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BuybackProgramPeriod" xlink:to="sid_BuybackProgramPeriod_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BuybackProgramPeriod_doc" xml:lang="en-US">The amount refers to buyback program period.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CDIMember" xlink:to="sid_CDIMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CDIMember_doc" xml:lang="en-US">This member stands for cdi.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CFLParticipacoesSAMember" xlink:to="sid_CFLParticipacoesSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CFLParticipacoesSAMember_doc" xml:lang="en-US">This member stands for c f l participacoes sa.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CKTRBrasilServicosLtdaMember" xlink:to="sid_CKTRBrasilServicosLtdaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CKTRBrasilServicosLtdaMember_doc" xml:lang="en-US">This member stands for c k t r brasil servicos ltda.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNEnergiaMember" xlink:to="sid_CSNEnergiaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNEnergiaMember_doc" xml:lang="en-US">This member stands for csn energia.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNInovaVenturesMember" xlink:to="sid_CSNInovaVenturesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNInovaVenturesMember_doc" xml:lang="en-US">Represent information about the CSN Inova Ventures member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNIslandsXIIMember" xlink:to="sid_CSNIslandsXIIMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNIslandsXIIMember_doc" xml:lang="en-US">This member stands for csn islands xii.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNIslandsXIMember" xlink:to="sid_CSNIslandsXIMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNIslandsXIMember_doc" xml:lang="en-US">This member stands for csn islands xi.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNMineracaoMember" xlink:to="sid_CSNMineracaoMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNMineracaoMember_doc" xml:lang="en-US">This member stands for csn mineracao.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNMineracaoSAMember" xlink:to="sid_CSNMineracaoSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNMineracaoSAMember_doc" xml:lang="en-US">Represent information about the CSN Mineracao SA member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNResourcesMember" xlink:to="sid_CSNResourcesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNResourcesMember_doc" xml:lang="en-US">This member stands for csn resources.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNSteelSLMember" xlink:to="sid_CSNSteelSLMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNSteelSLMember_doc" xml:lang="en-US">This member stands for csn steel sl.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CapitalIncrease" xlink:to="sid_CapitalIncrease_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CapitalIncrease_doc" xml:lang="en-US">The amount refers to capital increase.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CapitalManagementMember" xlink:to="sid_CapitalManagementMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CapitalManagementMember_doc" xml:lang="en-US">This member stands for capital management.</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalMarketsMember" xlink:label="sid_CapitalMarketsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CapitalMarketsMember" xlink:to="sid_CapitalMarketsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CapitalMarketsMember_doc" xml:lang="en-US">This member stands for capital markets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CapitalReserves" xlink:to="sid_CapitalReserves_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CapitalReserves_doc" xml:lang="en-US">Represent information about the capital reserves.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CapitalizationInSubsidiariesWithoutCash" xlink:to="sid_CapitalizationInSubsidiariesWithoutCash_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CapitalizationInSubsidiariesWithoutCash_doc" xml:lang="en-US">Represent information about the capitalization in subsidiaries without cash.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CapitalizedBorrowingsNonSpecificProjectsRate" xlink:to="sid_CapitalizedBorrowingsNonSpecificProjectsRate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CapitalizedBorrowingsNonSpecificProjectsRate_doc" xml:lang="en-US">Represents the information about capitalized borrowing non specific projects rate.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CapitalizedInterest" xlink:to="sid_CapitalizedInterest_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CapitalizedInterest_doc" xml:lang="en-US">Amount refers to the capitalized interest.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CapitalizedInterestPropertyPlantAndEquipment" xlink:to="sid_CapitalizedInterestPropertyPlantAndEquipment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CapitalizedInterestPropertyPlantAndEquipment_doc" xml:lang="en-US">The amount refers to capitalized interest.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CargoTerminalTECARMember" xlink:to="sid_CargoTerminalTECARMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CargoTerminalTECARMember_doc" xml:lang="en-US">This member stands for cargo terminal t e c a r.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CargoTerminalTECONMember" xlink:to="sid_CargoTerminalTECONMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CargoTerminalTECONMember_doc" xml:lang="en-US">Represent information about the cargo terminal t e c o n member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashAndCashEquivalantMember" xlink:to="sid_CashAndCashEquivalantMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CashAndCashEquivalantMember_doc" xml:lang="en-US">This member stands for cash and cash equivalant.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashAndCashEquivalentsOverseasMember" xlink:to="sid_CashAndCashEquivalentsOverseasMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CashAndCashEquivalentsOverseasMember_doc" xml:lang="en-US">This member stands for cash and cash equivalents overseas.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowHedgeAccountingMember" xlink:to="sid_CashFlowHedgeAccountingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CashFlowHedgeAccountingMember_doc" xml:lang="en-US">This member stands for cash flow hedge accounting.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowHedgeOfPlattsIndex" xlink:to="sid_CashFlowHedgeOfPlattsIndex_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CashFlowHedgeOfPlattsIndex_doc" xml:lang="en-US">The amount of cash flow hedge of platts index.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowHedgeRealized" xlink:to="sid_CashFlowHedgeRealized_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CashFlowHedgeRealized_doc" xml:lang="en-US">Amount refers to the cash flow hedge realized.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowHedgesPlattsMember" xlink:to="sid_CashFlowHedgesPlattsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CashFlowHedgesPlattsMember_doc" xml:lang="en-US">Represent information about the cash flow hedges platts member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CategoriesOfOtherRelatedPartiesAxis" xlink:to="sid_CategoriesOfOtherRelatedPartiesAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CategoriesOfOtherRelatedPartiesAxis_doc" xml:lang="en-US">The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CdiXDollarSwap" xlink:to="sid_CdiXDollarSwap_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CdiXDollarSwap_doc" xml:lang="en-US">Amount refers to the CDI x Dollar swap.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CementMember" xlink:to="sid_CementMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CementMember_doc" xml:lang="en-US">Represents cement member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ChangeInAmountsRelatedToCashFlowHedge" xlink:to="sid_ChangeInAmountsRelatedToCashFlowHedge_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ChangeInAmountsRelatedToCashFlowHedge_doc" xml:lang="en-US">Change in the amounts related to cash flow hedge.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset" xlink:to="sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset_doc" xml:lang="en-US">The amount refers to change in the asset&amp;amp;amp;amp;amp;#8217;s limit (excluding interest income).</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ChangesInOtherBorrowingsProvisions" xlink:to="sid_ChangesInOtherBorrowingsProvisions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ChangesInOtherBorrowingsProvisions_doc" xml:lang="en-US">The amount refers to changes in other borrowings provisions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CiaMetalurgicaPradaMember" xlink:to="sid_CiaMetalurgicaPradaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CiaMetalurgicaPradaMember_doc" xml:lang="en-US">This member stands for cia metalurgica prada.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CivilMember" xlink:to="sid_CivilMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CivilMember_doc" xml:lang="en-US">This member stands for civil.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CollectionOfInsuranceForMaterialDamage" xlink:to="sid_CollectionOfInsuranceForMaterialDamage_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CollectionOfInsuranceForMaterialDamage_doc" xml:lang="en-US">The amount of collection of insurance for material damage.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CommissionAndBankFees" xlink:to="sid_CommissionAndBankFees_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CommissionAndBankFees_doc" xml:lang="en-US">Amount refers to the commission and bank fees.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CompulsoryLoanEletrobrasMember" xlink:to="sid_CompulsoryLoanEletrobrasMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CompulsoryLoanEletrobrasMember_doc" xml:lang="en-US">This member stands for compulsory loan eletrobras.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConsessionExpireYear" xlink:to="sid_ConsessionExpireYear_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ConsessionExpireYear_doc" xml:lang="en-US">Represent the consession expire year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConsolidationCBSIMember" xlink:to="sid_ConsolidationCBSIMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ConsolidationCBSIMember_doc" xml:lang="en-US">This member stands for consolidation c b s i.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConsolidationCBSIPropertyPlantAndEquipment" xlink:to="sid_ConsolidationCBSIPropertyPlantAndEquipment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ConsolidationCBSIPropertyPlantAndEquipment_doc" xml:lang="en-US">The amount refers to consolidation cbsi.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConsolidationCBSIntangibleAssetsAndGoodwill" xlink:to="sid_ConsolidationCBSIntangibleAssetsAndGoodwill_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ConsolidationCBSIntangibleAssetsAndGoodwill_doc" xml:lang="en-US">The amount refers to consolidation c b s intangible assets and goodwill.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConsolidationOfCBS" xlink:to="sid_ConsolidationOfCBS_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ConsolidationOfCBS_doc" xml:lang="en-US">The amount refers to consolidation of cbs.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ContractualAgreement" xlink:to="sid_ContractualAgreement_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ContractualAgreement_doc" xml:lang="en-US">Amount refers to the contractual agreement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ContractualFines" xlink:to="sid_ContractualFines_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ContractualFines_doc" xml:lang="en-US">Amount refers to the contractual fines.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ContractualFinesOne" xlink:to="sid_ContractualFinesOne_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ContractualFinesOne_doc" xml:lang="en-US">Amount refers to the contractual fines.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ContractualMaturities" xlink:to="sid_ContractualMaturities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ContractualMaturities_doc" xml:lang="en-US">The amount refers to contractual maturities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ContractualTerm" xlink:to="sid_ContractualTerm_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ContractualTerm_doc" xml:lang="en-US">The amount refers to contractual term.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CostOfProduction" xlink:to="sid_CostOfProduction_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CostOfProduction_doc" xml:lang="en-US">The amount of cost of production.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CreditExposureExcludingPerpetualBonds" xlink:to="sid_CreditExposureExcludingPerpetualBonds_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CreditExposureExcludingPerpetualBonds_doc" xml:lang="en-US">The amount refers to credit exposure excluding perpetual bonds.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CreditsWithThePGFNMember" xlink:to="sid_CreditsWithThePGFNMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CreditsWithThePGFNMember_doc" xml:lang="en-US">This member stands for credits with the pgfn.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CurrencyAxisSignificantInvestmentsInSubsidiariesAxis" xlink:to="sid_CurrencyAxisSignificantInvestmentsInSubsidiariesAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CurrencyAxisSignificantInvestmentsInSubsidiariesAxis_doc" xml:lang="en-US">The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CurrencyRisk" xlink:to="sid_CurrencyRisk_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CurrencyRisk_doc" xml:lang="en-US">The amount refers to currency risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CurrentLiabilitiesOnEquityAbtract" xlink:to="sid_CurrentLiabilitiesOnEquityAbtract_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CurrentLiabilitiesOnEquityAbtract_doc" xml:lang="en-US">The amount refers to current liabilities on equity abtract.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DebitOfEmployeesMember" xlink:to="sid_DebitOfEmployeesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DebitOfEmployeesMember_doc" xml:lang="en-US">The member represent debit of employees.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredIncomeTaxLossesMember" xlink:to="sid_DeferredIncomeTaxLossesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DeferredIncomeTaxLossesMember_doc" xml:lang="en-US">This member stands for deferred income tax losses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredLiabilitiesParentCompany" xlink:to="sid_DeferredLiabilitiesParentCompany_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DeferredLiabilitiesParentCompany_doc" xml:lang="en-US">The amount of deferred liabilities parent company.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredLiabilitiesSubsidiaries" xlink:to="sid_DeferredLiabilitiesSubsidiaries_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DeferredLiabilitiesSubsidiaries_doc" xml:lang="en-US">The amount of deferred liabilities subsidiaries.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredSocialContributionTaxLossesMember" xlink:to="sid_DeferredSocialContributionTaxLossesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DeferredSocialContributionTaxLossesMember_doc" xml:lang="en-US">This member stands for deferred social contribution tax losses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredTaxAssetLiabilityAxis" xlink:to="sid_DeferredTaxAssetLiabilityAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DeferredTaxAssetLiabilityAxis_doc" xml:lang="en-US">The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredTaxAssets1" xlink:to="sid_DeferredTaxAssets1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DeferredTaxAssets1_doc" xml:lang="en-US">The amount refers to deferred tax assets1.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredTaxAssets2" xlink:to="sid_DeferredTaxAssets2_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DeferredTaxAssets2_doc" xml:lang="en-US">The amount of deferred tax assets two.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredTaxLiabilities1" xlink:to="sid_DeferredTaxLiabilities1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DeferredTaxLiabilities1_doc" xml:lang="en-US">The amount refers to deferred tax liabilities1.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredTaxesNonComputedMember" xlink:to="sid_DeferredTaxesNonComputedMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DeferredTaxesNonComputedMember_doc" xml:lang="en-US">This member stands for deferred taxes non computed.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis" xlink:to="sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis_doc" xml:lang="en-US">The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanForecastFutureBenefitPayments" xlink:to="sid_DefinedBenefitPlanForecastFutureBenefitPayments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPayments_doc" xml:lang="en-US">Amount of benefits for defined benefit plan Forecast to be paid.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter" xlink:to="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter_doc" xml:lang="en-US">Amount of benefits for defined benefit plan Forecast to be paid in five fiscal years after fifth fiscal year following latest fiscal year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths" xlink:to="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths_doc" xml:lang="en-US">Amount of benefits for defined benefit plan Forecast to be paid in next fiscal year following latest fiscal year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive" xlink:to="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive_doc" xml:lang="en-US">Amount of benefits for defined benefit plan Forecast to be paid in fifth fiscal year following latest fiscal year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour" xlink:to="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour_doc" xml:lang="en-US">Amount of benefits for defined benefit plan Forecast to be paid in fourth fiscal year following latest fiscal year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree" xlink:to="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree_doc" xml:lang="en-US">Amount of benefits for defined benefit plan Forecast to be paid in third fiscal year following latest fiscal year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo" xlink:to="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo_doc" xml:lang="en-US">Amount of benefits for defined benefit plan Forecast to be paid in second fiscal year following latest fiscal year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DepositOfAGuaranteeMember" xlink:to="sid_DepositOfAGuaranteeMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DepositOfAGuaranteeMember_doc" xml:lang="en-US">This member stands for deposit of a guarantee.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DepreciationAmortizationAndDepletionMember" xlink:to="sid_DepreciationAmortizationAndDepletionMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DepreciationAmortizationAndDepletionMember_doc" xml:lang="en-US">This member stands for depreciation amortization and depletion.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22" xlink:to="sid_DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22_doc" xml:lang="en-US">Amount refers to the depreciation of equipment paralyzed and amortization of intangible assets (note 22).</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Depreciations" xlink:to="sid_Depreciations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_Depreciations_doc" xml:lang="en-US">The amount of depreciations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DerivativeExchangeRateSwap" xlink:to="sid_DerivativeExchangeRateSwap_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DerivativeExchangeRateSwap_doc" xml:lang="en-US">The amount refers to derivative exchange rate swap.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DerivativeFinancialInstrumentsMember" xlink:to="sid_DerivativeFinancialInstrumentsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DerivativeFinancialInstrumentsMember_doc" xml:lang="en-US">This member stands for derivative financial instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfActuarialFinancingMethod" xlink:to="sid_DescriptionOfActuarialFinancingMethod_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DescriptionOfActuarialFinancingMethod_doc" xml:lang="en-US">Represents the information about actuarial financing method.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfAssets" xlink:to="sid_DescriptionOfAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DescriptionOfAssets_doc" xml:lang="en-US">Represent information about the description of assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfCurrentlyApprovedBudget" xlink:to="sid_DescriptionOfCurrentlyApprovedBudget_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DescriptionOfCurrentlyApprovedBudget_doc" xml:lang="en-US">Information pertaininig to currently approved budget.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfDebtReprofiling" xlink:to="sid_DescriptionOfDebtReprofiling_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DescriptionOfDebtReprofiling_doc" xml:lang="en-US">Represent information about the description of debt reprofiling.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfFinancialInvestment" xlink:to="sid_DescriptionOfFinancialInvestment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DescriptionOfFinancialInvestment_doc" xml:lang="en-US">Description of financial investment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfGuaranteesOfFinancingGranted" xlink:to="sid_DescriptionOfGuaranteesOfFinancingGranted_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DescriptionOfGuaranteesOfFinancingGranted_doc" xml:lang="en-US">Informaton pertaining to guarantees of financing granted.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfHouseholdOfActiveParticipants" xlink:to="sid_DescriptionOfHouseholdOfActiveParticipants_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DescriptionOfHouseholdOfActiveParticipants_doc" xml:lang="en-US">Represents the information about Household composition of active participants.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization" xlink:to="sid_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization_doc" xml:lang="en-US">The description of key assumptions on which management has based its cost atualization for the period covered by the most recent budgets/forecasts for a cash-generating unit (group of units). Key assumptions are those to which the unit's (group of units') recoverable amount is most sensitive.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfPaymentTerms" xlink:to="sid_DescriptionOfPaymentTerms_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DescriptionOfPaymentTerms_doc" xml:lang="en-US">Represent information about the description of payment terms.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfProductionProcess" xlink:to="sid_DescriptionOfProductionProcess_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DescriptionOfProductionProcess_doc" xml:lang="en-US">Represent information about the description of production process.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfRecognitionOfPlanAssets" xlink:to="sid_DescriptionOfRecognitionOfPlanAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DescriptionOfRecognitionOfPlanAssets_doc" xml:lang="en-US">Represents the information about recognition of plan assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfRetirementAge" xlink:to="sid_DescriptionOfRetirementAge_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DescriptionOfRetirementAge_doc" xml:lang="en-US">Represents the information about retirement age.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisabilityMortalityTableDescription" xlink:to="sid_DisabilityMortalityTableDescription_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DisabilityMortalityTableDescription_doc" xml:lang="en-US">Represents the information about disability mortality table.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisabilityTableDescription" xlink:to="sid_DisabilityTableDescription_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DisabilityTableDescription_doc" xml:lang="en-US">Represents the information about disability table.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DistributionFreightsMember" xlink:to="sid_DistributionFreightsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DistributionFreightsMember_doc" xml:lang="en-US">This member stands for distribution freights.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DividendsAndInterestOnCapitalPayableMember" xlink:to="sid_DividendsAndInterestOnCapitalPayableMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DividendsAndInterestOnCapitalPayableMember_doc" xml:lang="en-US">This member stands for dividends and interest on capital payable.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DividendsAndInterestOnEquityMember" xlink:to="sid_DividendsAndInterestOnEquityMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DividendsAndInterestOnEquityMember_doc" xml:lang="en-US">This member stands for dividends and interest on equity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DividendsPaidInYear" xlink:to="sid_DividendsPaidInYear_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DividendsPaidInYear_doc" xml:lang="en-US">Represent information about the dividends paid in year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DividendsPaidOnShareholdersEquityLiabilites" xlink:to="sid_DividendsPaidOnShareholdersEquityLiabilites_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DividendsPaidOnShareholdersEquityLiabilites_doc" xml:lang="en-US">The amount related to dividend paid.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DividendsReceivableMember" xlink:to="sid_DividendsReceivableMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DividendsReceivableMember_doc" xml:lang="en-US">This member stands for dividends receivable.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DividendsReceived1" xlink:to="sid_DividendsReceived1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DividendsReceived1_doc" xml:lang="en-US">Amount refers to the dividends received.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DollarToEuroSwap" xlink:to="sid_DollarToEuroSwap_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DollarToEuroSwap_doc" xml:lang="en-US">Amount refers to the Dollar - to - euro swap.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DomesticMarketMember" xlink:to="sid_DomesticMarketMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DomesticMarketMember_doc" xml:lang="en-US">This member stands for domestic market.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EURMember" xlink:to="sid_EURMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EURMember_doc" xml:lang="en-US">This member stands for eur.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EffectOfExchangeRateChanges" xlink:to="sid_EffectOfExchangeRateChanges_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EffectOfExchangeRateChanges_doc" xml:lang="en-US">The effect of exchange rate changes on cash and cash equivalents held or due in a foreign currency.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations" xlink:to="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations_doc" xml:lang="en-US">The amount refers to effect on current service cost and on interest on actuarial obligations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1" xlink:to="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1_doc" xml:lang="en-US">The amount refers to effect on current service cost and on interest on actuarial obligations1.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments" xlink:to="sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments_doc" xml:lang="en-US">The amount refers to effect on financial instruments designated as hedging instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EffectOnPresentValueOfObligations" xlink:to="sid_EffectOnPresentValueOfObligations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EffectOnPresentValueOfObligations_doc" xml:lang="en-US">The amount refers to effect on present value of obligations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EffectOnPresentValueOfObligations1" xlink:to="sid_EffectOnPresentValueOfObligations1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EffectOnPresentValueOfObligations1_doc" xml:lang="en-US">The amount refers to effect on present value of obligations1.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EffectOnResultRecognizedInOtherOperationalHedgingInstrument" xlink:to="sid_EffectOnResultRecognizedInOtherOperationalHedgingInstrument_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EffectOnResultRecognizedInOtherOperationalHedgingInstrument_doc" xml:lang="en-US">The amount refers to effect on result recognized in other operational hedging instrument.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EnergyMember" xlink:to="sid_EnergyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EnergyMember_doc" xml:lang="en-US">This member stands for energy.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EnvironmentalLiabilitiesMember" xlink:to="sid_EnvironmentalLiabilitiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EnvironmentalLiabilitiesMember_doc" xml:lang="en-US">This member stands for environmental liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EnvironmentalMember" xlink:to="sid_EnvironmentalMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EnvironmentalMember_doc" xml:lang="en-US">This member stands for environmental.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EquityInResultsOfAffiliatedCompanies" xlink:to="sid_EquityInResultsOfAffiliatedCompanies_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EquityInResultsOfAffiliatedCompanies_doc" xml:lang="en-US">Represent information about the equity in results of affiliated companies.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EquityInResultsOfAffiliatedCompaniesMember" xlink:to="sid_EquityInResultsOfAffiliatedCompaniesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EquityInResultsOfAffiliatedCompaniesMember_doc" xml:lang="en-US">This member stands for equity in results of affiliated companies.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EstanhoDeRondoniaMember" xlink:to="sid_EstanhoDeRondoniaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EstanhoDeRondoniaMember_doc" xml:lang="en-US">This member stands for estanho de rondonia.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EstimatedLossesReversalsToDeferredTaxesCreditsMember" xlink:to="sid_EstimatedLossesReversalsToDeferredTaxesCreditsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EstimatedLossesReversalsToDeferredTaxesCreditsMember_doc" xml:lang="en-US">This member stands for estimated losses reversals to deferred taxes credits.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EstimatedLossreversalInInventories" xlink:to="sid_EstimatedLossreversalInInventories_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EstimatedLossreversalInInventories_doc" xml:lang="en-US">Amount refers to the estimated (Loss)/reversal in inventories.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EventAfterReportingPeriodMember" xlink:to="sid_EventAfterReportingPeriodMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EventAfterReportingPeriodMember_doc" xml:lang="en-US">Represent information about the event after reporting period member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EventsAfterReportingPeriodMember" xlink:to="sid_EventsAfterReportingPeriodMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EventsAfterReportingPeriodMember_doc" xml:lang="en-US">Represents event after reporting period member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeDifferenceExpensesMember" xlink:to="sid_ExchangeDifferenceExpensesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExchangeDifferenceExpensesMember_doc" xml:lang="en-US">This member stands for exchange difference expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeRateAwapCDIDollarMember" xlink:to="sid_ExchangeRateAwapCDIDollarMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExchangeRateAwapCDIDollarMember_doc" xml:lang="en-US">Represent information about the exchange rate awap c d i dollar member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeRateSwapCDIDollarMember" xlink:to="sid_ExchangeRateSwapCDIDollarMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExchangeRateSwapCDIDollarMember_doc" xml:lang="en-US">Represent information about the exchange rate swap c d i dollar member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeRateSwapDollarEuroMember" xlink:to="sid_ExchangeRateSwapDollarEuroMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExchangeRateSwapDollarEuroMember_doc" xml:lang="en-US">Represent information about the exchange rate swap dollar euro member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeRateSwapDollarEuroOneMember" xlink:to="sid_ExchangeRateSwapDollarEuroOneMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExchangeRateSwapDollarEuroOneMember_doc" xml:lang="en-US">Represent information about the exchange rate swap dollar euro one member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeRateSwapGBPEuroMember" xlink:to="sid_ExchangeRateSwapGBPEuroMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExchangeRateSwapGBPEuroMember_doc" xml:lang="en-US">Represent information about the exchange rate swap g b p euro member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeRateSwapGbpEuro" xlink:to="sid_ExchangeRateSwapGbpEuro_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExchangeRateSwapGbpEuro_doc" xml:lang="en-US">Represent information about the exchange rate swap gbp euro.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeRates" xlink:to="sid_ExchangeRates_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExchangeRates_doc" xml:lang="en-US">Represent information about the exchange rates.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeVariation" xlink:to="sid_ExchangeVariation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExchangeVariation_doc" xml:lang="en-US">The amoount of Exchange variation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpectedAllowanceAccountForCreditLossesOfFinancialAssets" xlink:to="sid_ExpectedAllowanceAccountForCreditLossesOfFinancialAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExpectedAllowanceAccountForCreditLossesOfFinancialAssets_doc" xml:lang="en-US">The amount of expected allowance account for credit losses of financial assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:to="sid_ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_doc" xml:lang="en-US">The amount refers to expected return on plan assets net defined benefit liability asset.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpenseByNatureAxis" xlink:to="sid_ExpenseByNatureAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExpenseByNatureAxis_doc" xml:lang="en-US">The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureDomain" xlink:label="sid_ExpenseByNatureDomain" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpenseByNatureDomain" xlink:to="sid_ExpenseByNatureDomain_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExpenseByNatureDomain_doc" xml:lang="en-US">The amount refers to expense by nature domain.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:to="sid_ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities_doc" xml:lang="en-US">The amount of the expense relating to payments not included in the measurement of lease liabilities. Payments are the portion of payments made by a lessee to a lessor for the right to use an underlying asset during the lease term that varies because of changes in facts or circumstances occurring after the commencement date, other than the passage of time.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpensesByNatureAxis" xlink:to="sid_ExpensesByNatureAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExpensesByNatureAxis_doc" xml:lang="en-US">The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpensesRecognizedInIncomeNetDefinedBenefitLiability" xlink:to="sid_ExpensesRecognizedInIncomeNetDefinedBenefitLiability_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExpensesRecognizedInIncomeNetDefinedBenefitLiability_doc" xml:lang="en-US">The amount refers to expenses recognized in income for the year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpensesWithEnvironmentalLiabilitiesNet" xlink:to="sid_ExpensesWithEnvironmentalLiabilitiesNet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExpensesWithEnvironmentalLiabilitiesNet_doc" xml:lang="en-US">Amount refers to the expenses with environmental liabilities, net.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesEightMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesEightMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesEightMember_doc" xml:lang="en-US">This member stands for export prepayments in us to third parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesElevenMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesElevenMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesElevenMember_doc" xml:lang="en-US">This member stands for export prepayments in us to third parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesFiveMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesFiveMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesFiveMember_doc" xml:lang="en-US">This member stands for export prepayments in us to third parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesFourMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesFourMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesFourMember_doc" xml:lang="en-US">This member stands for export prepayments in us to third parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesMember_doc" xml:lang="en-US">This member stands for export prepayments in us to third parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesNineMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesNineMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesNineMember_doc" xml:lang="en-US">This member stands for export prepayments in us to third parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesOneMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesOneMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesOneMember_doc" xml:lang="en-US">This member stands for export prepayments in us to third parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesSevenMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesSevenMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesSevenMember_doc" xml:lang="en-US">This member stands for export prepayments in us to third parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesSixMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesSixMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesSixMember_doc" xml:lang="en-US">This member stands for export prepayments in us to third parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesTenMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesTenMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesTenMember_doc" xml:lang="en-US">This member stands for export prepayments in us to third parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesThreeMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesThreeMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesThreeMember_doc" xml:lang="en-US">This member stands for export prepayments in us to third parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesTwoMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesTwoMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesTwoMember_doc" xml:lang="en-US">This member stands for export prepayments in us to third parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FTLFerroviaTransnordestinaMember" xlink:to="sid_FTLFerroviaTransnordestinaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FTLFerroviaTransnordestinaMember_doc" xml:lang="en-US">This member stands for f t l ferrovia transnordestina.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FairValueAdjustmentRecognizedInProfitOrloss" xlink:to="sid_FairValueAdjustmentRecognizedInProfitOrloss_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FairValueAdjustmentRecognizedInProfitOrloss_doc" xml:lang="en-US">The amount refers to the fair value adjustment recognized in profit or loss.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FairValueMarketAmoountReceivablePayable" xlink:to="sid_FairValueMarketAmoountReceivablePayable_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FairValueMarketAmoountReceivablePayable_doc" xml:lang="en-US">Fair value market amoount receivable / payable.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FairValueOfCashFlowAccountingPlattsNetMember" xlink:to="sid_FairValueOfCashFlowAccountingPlattsNetMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FairValueOfCashFlowAccountingPlattsNetMember_doc" xml:lang="en-US">Represent information about the fair value of cash flow accounting platts net member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent" xlink:to="sid_FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent_doc" xml:lang="en-US">Represents federal REFIS debts and other tax installment payment plans, current.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent" xlink:to="sid_FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent_doc" xml:lang="en-US">Represents federal REFIS debts and other tax installment payment plans, noncurrent.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FederalRefisLaw1Member" xlink:to="sid_FederalRefisLaw1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FederalRefisLaw1Member_doc" xml:lang="en-US">This member stands for federal refis law1.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FederalRefisLaw2Member" xlink:to="sid_FederalRefisLaw2Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FederalRefisLaw2Member_doc" xml:lang="en-US">This member stands for federal refis law2.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FemaleMember" xlink:to="sid_FemaleMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FemaleMember_doc" xml:lang="en-US">This member stands for female.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinanceCosts1" xlink:to="sid_FinanceCosts1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FinanceCosts1_doc" xml:lang="en-US">Amount refers to the statement of finance cost1.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialExpense" xlink:to="sid_FinancialExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FinancialExpense_doc" xml:lang="en-US">The amount of financial expense.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialIncomeExpenses" xlink:to="sid_FinancialIncomeExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FinancialIncomeExpenses_doc" xml:lang="en-US">The amount of financial income expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialIncomeExpensesNet" xlink:to="sid_FinancialIncomeExpensesNet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FinancialIncomeExpensesNet_doc" xml:lang="en-US">The amount of financial income expenses net.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization" xlink:to="sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization_doc" xml:lang="en-US">The amount refers to financial instruments designated as hedging instruments at fair value amortization.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialInterest" xlink:to="sid_FinancialInterest_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FinancialInterest_doc" xml:lang="en-US">The amount of financial interest.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialInvestmentCurrent" xlink:to="sid_FinancialInvestmentCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FinancialInvestmentCurrent_doc" xml:lang="en-US">Represents financial investment current amount.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialInvestmentNonCurrent" xlink:to="sid_FinancialInvestmentNonCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FinancialInvestmentNonCurrent_doc" xml:lang="en-US">Represents financial investment non current amount.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialInvestmentesMember" xlink:to="sid_FinancialInvestmentesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FinancialInvestmentesMember_doc" xml:lang="en-US">Represent information about the financial investmentes member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialInvestmentsMember" xlink:to="sid_FinancialInvestmentsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FinancialInvestmentsMember_doc" xml:lang="en-US">This member stands for financial investments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialResult" xlink:to="sid_FinancialResult_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FinancialResult_doc" xml:lang="en-US">The amount of financial result.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinishedGoodsMember" xlink:to="sid_FinishedGoodsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FinishedGoodsMember_doc" xml:lang="en-US">This member stands for finished goods.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FixedIncomeMember" xlink:to="sid_FixedIncomeMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FixedIncomeMember_doc" xml:lang="en-US">This member stands for fixed income.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FixedInterestMember" xlink:to="sid_FixedInterestMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FixedInterestMember_doc" xml:lang="en-US">This member stands for fixed interest.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FixedRateNotesMember" xlink:to="sid_FixedRateNotesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FixedRateNotesMember_doc" xml:lang="en-US">This member stands for fixed rate notes.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FlatSteelMember" xlink:to="sid_FlatSteelMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FlatSteelMember_doc" xml:lang="en-US">This member stands for flat steel.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ForeignCurrencyMember" xlink:to="sid_ForeignCurrencyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ForeignCurrencyMember_doc" xml:lang="en-US">This member stands for foreign currency.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ForeignExchangeAndMonetaryVariationNet" xlink:to="sid_ForeignExchangeAndMonetaryVariationNet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ForeignExchangeAndMonetaryVariationNet_doc" xml:lang="en-US">The amount of foreign exchange and monetary variation net.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ForeignMarketMember" xlink:to="sid_ForeignMarketMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ForeignMarketMember_doc" xml:lang="en-US">This member stands for foreign market.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FreightsMember" xlink:to="sid_FreightsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FreightsMember_doc" xml:lang="en-US">This member stands for freights.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FunctionalCurrency" xlink:to="sid_FunctionalCurrency_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FunctionalCurrency_doc" xml:lang="en-US">Functional Currency.</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GainInControlLossOnTransnordestinaMember" xlink:label="sid_GainInControlLossOnTransnordestinaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GainInControlLossOnTransnordestinaMember" xlink:to="sid_GainInControlLossOnTransnordestinaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_GainInControlLossOnTransnordestinaMember_doc" xml:lang="en-US">This member stands for gain in control loss on transnordestina.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GainOnRecoveryOfCredits" xlink:to="sid_GainOnRecoveryOfCredits_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_GainOnRecoveryOfCredits_doc" xml:lang="en-US">The amount of recovery of additional credits.</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GainsLossesInFinancialInstrumentsMember" xlink:label="sid_GainsLossesInFinancialInstrumentsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GainsLossesInFinancialInstrumentsMember" xlink:to="sid_GainsLossesInFinancialInstrumentsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_GainsLossesInFinancialInstrumentsMember_doc" xml:lang="en-US">This member stands for gains losses in financial instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GainsLossesOnFinancialInstrumentsMember" xlink:to="sid_GainsLossesOnFinancialInstrumentsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_GainsLossesOnFinancialInstrumentsMember_doc" xml:lang="en-US">This member stands for gains losses on financial instruments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GeneralMortalityTableDescription" xlink:to="sid_GeneralMortalityTableDescription_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_GeneralMortalityTableDescription_doc" xml:lang="en-US">Represents the information about general mortality table.</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GoodwilOnMergerMember" xlink:label="sid_GoodwilOnMergerMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GoodwilOnMergerMember" xlink:to="sid_GoodwilOnMergerMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_GoodwilOnMergerMember_doc" xml:lang="en-US">This member stands for goodwil on merger.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GrossCreditExposure" xlink:to="sid_GrossCreditExposure_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_GrossCreditExposure_doc" xml:lang="en-US">The amount refers to gross credit exposure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GrossDebitperShareholdersEquity" xlink:to="sid_GrossDebitperShareholdersEquity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_GrossDebitperShareholdersEquity_doc" xml:lang="en-US">The amount refers to gross debitper shareholders equity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GrossDeferredTaxAssets" xlink:to="sid_GrossDeferredTaxAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_GrossDeferredTaxAssets_doc" xml:lang="en-US">The amount of gross deferred tax assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GrossExchangePositionMember" xlink:to="sid_GrossExchangePositionMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_GrossExchangePositionMember_doc" xml:lang="en-US">Represent information about the gross exchange position member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GrossLongtermBorrowings" xlink:to="sid_GrossLongtermBorrowings_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_GrossLongtermBorrowings_doc" xml:lang="en-US">The amount refers to gross longterm borrowings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GrossRevenue" xlink:to="sid_GrossRevenue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_GrossRevenue_doc" xml:lang="en-US">The amount refers to gross revenue.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GrossShorttermBorrowings" xlink:to="sid_GrossShorttermBorrowings_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_GrossShorttermBorrowings_doc" xml:lang="en-US">The amount refers to gross shortterm borrowings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GrossTradeReceivable" xlink:to="sid_GrossTradeReceivable_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_GrossTradeReceivable_doc" xml:lang="en-US">The amount of gross trade receivable.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_HealthcarePlanExpenses" xlink:to="sid_HealthcarePlanExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_HealthcarePlanExpenses_doc" xml:lang="en-US">Amount refers to the healthcare plan expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_HealthcarePlanMember" xlink:to="sid_HealthcarePlanMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_HealthcarePlanMember_doc" xml:lang="en-US">This member stand for healthcare plan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_HedgingRelationshipDesignationDate" xlink:to="sid_HedgingRelationshipDesignationDate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_HedgingRelationshipDesignationDate_doc" xml:lang="en-US">The amount refers to hedging relationship designation date.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_INEAMember" xlink:to="sid_INEAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_INEAMember_doc" xml:lang="en-US">This member stands for i n e a.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IdlenessInStocksAndParalyzedEquipment" xlink:to="sid_IdlenessInStocksAndParalyzedEquipment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_IdlenessInStocksAndParalyzedEquipment_doc" xml:lang="en-US">Amount refers to the idleness in stocks and paralyzed equipment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ImpactOnFinancialIncomeExpenses" xlink:to="sid_ImpactOnFinancialIncomeExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ImpactOnFinancialIncomeExpenses_doc" xml:lang="en-US">The amount of impact on financial income (expenses).</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeExpenseFromDefinedBenefitObligation" xlink:to="sid_IncomeExpenseFromDefinedBenefitObligation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_IncomeExpenseFromDefinedBenefitObligation_doc" xml:lang="en-US">The amount refers to income expense from defined benefit obligation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeFromFinancialInvestments" xlink:to="sid_IncomeFromFinancialInvestments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_IncomeFromFinancialInvestments_doc" xml:lang="en-US">Amount refers to the income from financial investments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxAndSocialContribution" xlink:to="sid_IncomeTaxAndSocialContribution_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_IncomeTaxAndSocialContribution_doc" xml:lang="en-US">The amount refers to income tax and social contribution.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxAndSocialContributionAxis" xlink:to="sid_IncomeTaxAndSocialContributionAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_IncomeTaxAndSocialContributionAxis_doc" xml:lang="en-US">The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember" xlink:to="sid_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember_doc" xml:lang="en-US">Represent information about the income tax and social contribution on cash flow hedge accounting member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxAndSocialContributionOnForeignProfitMember" xlink:to="sid_IncomeTaxAndSocialContributionOnForeignProfitMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_IncomeTaxAndSocialContributionOnForeignProfitMember_doc" xml:lang="en-US">This member stands for income tax and social contribution on foreign profit.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity" xlink:to="sid_IncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_IncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity_doc" xml:lang="en-US">The amount refers to income tax relating to gains losses on cash flow hedges net of tax charged or credited directly to equity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity" xlink:to="sid_IncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_IncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity_doc" xml:lang="en-US">The amount refers to income tax relating to gains losses on remeasurements of defined benefit plans charged or credited directly to equity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity" xlink:to="sid_IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity_doc" xml:lang="en-US">The amount refers to income tax relating to hedges of investments in equity instruments charged or credited directly to equity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncreaseDecreaseInCapital" xlink:to="sid_IncreaseDecreaseInCapital_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_IncreaseDecreaseInCapital_doc" xml:lang="en-US">The amount of increase decrease in capital.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Indemnities" xlink:to="sid_Indemnities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_Indemnities_doc" xml:lang="en-US">Amount refers to the indemnities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InitialAdoptionRightOfUse" xlink:to="sid_InitialAdoptionRightOfUse_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_InitialAdoptionRightOfUse_doc" xml:lang="en-US">The cash outflow for adoption to right-of-use assets.</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InitiallyAppliedIFRSMember" xlink:label="sid_InitiallyAppliedIFRSMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InitiallyAppliedIFRSMember" xlink:to="sid_InitiallyAppliedIFRSMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_InitiallyAppliedIFRSMember_doc" xml:lang="en-US">This member stands for initially applied i f r s.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IntercompanyLoansMember" xlink:to="sid_IntercompanyLoansMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_IntercompanyLoansMember_doc" xml:lang="en-US">Represent information about the intercompany loans member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IntercompanyMember" xlink:to="sid_IntercompanyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_IntercompanyMember_doc" xml:lang="en-US">This member stands for intercompany.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InterestFinesAndLatePaymentCharges" xlink:to="sid_InterestFinesAndLatePaymentCharges_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_InterestFinesAndLatePaymentCharges_doc" xml:lang="en-US">Amount refers to the interest, fines and late payment charges.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InterestIncomeNetDefinedBenefitLiabilityAsset" xlink:to="sid_InterestIncomeNetDefinedBenefitLiabilityAsset_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_InterestIncomeNetDefinedBenefitLiabilityAsset_doc" xml:lang="en-US">The amount refers to interest income net defined benefit liability asset.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InterestOnEquityMember" xlink:to="sid_InterestOnEquityMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_InterestOnEquityMember_doc" xml:lang="en-US">This member stands for interest on equity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InterestRatesDuringTheYear" xlink:to="sid_InterestRatesDuringTheYear_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_InterestRatesDuringTheYear_doc" xml:lang="en-US">The amount refers to interest rates during the year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InventoryGrossAmount" xlink:to="sid_InventoryGrossAmount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_InventoryGrossAmount_doc" xml:lang="en-US">This amount is related to inventory gross amount.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InventoryNetOne" xlink:to="sid_InventoryNetOne_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_InventoryNetOne_doc" xml:lang="en-US">The amount represents beginning balance of inventory.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InventoryProvisionsForLosses" xlink:to="sid_InventoryProvisionsForLosses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_InventoryProvisionsForLosses_doc" xml:lang="en-US">Thee amount of provision for loosse.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InvestmentInterestRate1" xlink:to="sid_InvestmentInterestRate1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_InvestmentInterestRate1_doc" xml:lang="en-US">Information about percentage of investment interest rate.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InvestmentMember" xlink:to="sid_InvestmentMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_InvestmentMember_doc" xml:lang="en-US">Represent information about the investment member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IronOreDerivativeMember" xlink:to="sid_IronOreDerivativeMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_IronOreDerivativeMember_doc" xml:lang="en-US">Represent information about the iron ore derivative member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IronOreMember" xlink:to="sid_IronOreMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_IronOreMember_doc" xml:lang="en-US">Represent information about the iron ore member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_JointVenturesEJointOperationMember" xlink:to="sid_JointVenturesEJointOperationMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_JointVenturesEJointOperationMember_doc" xml:lang="en-US">Represent information about the joint ventures e joint operation member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_JointVenturesJointOperationMember" xlink:to="sid_JointVenturesJointOperationMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_JointVenturesJointOperationMember_doc" xml:lang="en-US">Represent information about the joint ventures joint operation member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_JudicialDepositsCurrent" xlink:to="sid_JudicialDepositsCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_JudicialDepositsCurrent_doc" xml:lang="en-US">The amount refers to judicial deposits current.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_JudicialDepositsMember" xlink:to="sid_JudicialDepositsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_JudicialDepositsMember_doc" xml:lang="en-US">This member stands for judicial deposits.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_JudicialDepositsNonCurrent" xlink:to="sid_JudicialDepositsNonCurrent_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_JudicialDepositsNonCurrent_doc" xml:lang="en-US">The amount of judical deposits non current.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LIBORMember" xlink:to="sid_LIBORMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LIBORMember_doc" xml:lang="en-US">This member stands for libor.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaborAndConsultancyServicesMember" xlink:to="sid_LaborAndConsultancyServicesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LaborAndConsultancyServicesMember_doc" xml:lang="en-US">Represent information about the labor and consultancy services member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaborCostMember" xlink:to="sid_LaborCostMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LaborCostMember_doc" xml:lang="en-US">This member stands for labor cost.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaborMember" xlink:to="sid_LaborMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LaborMember_doc" xml:lang="en-US">This member stands for labor.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaterThanFiveYearMember" xlink:to="sid_LaterThanFiveYearMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LaterThanFiveYearMember_doc" xml:lang="en-US">Represent information about the later than five year member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaterThanFiveYearsAndNotLaterThanSixYearsMember" xlink:to="sid_LaterThanFiveYearsAndNotLaterThanSixYearsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LaterThanFiveYearsAndNotLaterThanSixYearsMember_doc" xml:lang="en-US">This member stands for later than five years and not later than six years.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaterThanFourYearMember" xlink:to="sid_LaterThanFourYearMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LaterThanFourYearMember_doc" xml:lang="en-US">This member stands for later than four year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaterThanFourYearsMember" xlink:to="sid_LaterThanFourYearsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LaterThanFourYearsMember_doc" xml:lang="en-US">This member stands for later than four years.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaterThanSixYearsAndNotLaterThanSevenYearsMember" xlink:to="sid_LaterThanSixYearsAndNotLaterThanSevenYearsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LaterThanSixYearsAndNotLaterThanSevenYearsMember_doc" xml:lang="en-US">Represent information about the later than six years and not later than seven years member.</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanSixYearsMember" xlink:label="sid_LaterThanSixYearsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaterThanSixYearsMember" xlink:to="sid_LaterThanSixYearsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LaterThanSixYearsMember_doc" xml:lang="en-US">This member stands for later than six years.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaterThanThreeYearMember" xlink:to="sid_LaterThanThreeYearMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LaterThanThreeYearMember_doc" xml:lang="en-US">This member stands for later than three year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LaterThanTwoYearMember" xlink:to="sid_LaterThanTwoYearMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LaterThanTwoYearMember_doc" xml:lang="en-US">This member stands for later than two year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseAgreementMember" xlink:to="sid_LeaseAgreementMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LeaseAgreementMember_doc" xml:lang="en-US">Represent information about the lease agreement member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseAgreementRemainingTerm" xlink:to="sid_LeaseAgreementRemainingTerm_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LeaseAgreementRemainingTerm_doc" xml:lang="en-US">The amount refers to lease agreement remaining term.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesContractReview" xlink:to="sid_LeaseLiabilitiesContractReview_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LeaseLiabilitiesContractReview_doc" xml:lang="en-US">The amount refers to the LeaseLiabilitiesContractReview.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesInterestAppropriated" xlink:to="sid_LeaseLiabilitiesInterestAppropriated_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LeaseLiabilitiesInterestAppropriated_doc" xml:lang="en-US">The amount refers to the LeaseLiabilitiesInterestAppropriated.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesNewLeases" xlink:to="sid_LeaseLiabilitiesNewLeases_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LeaseLiabilitiesNewLeases_doc" xml:lang="en-US">The amount refers to the lease liabilities new leases.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesOne" xlink:to="sid_LeaseLiabilitiesOne_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LeaseLiabilitiesOne_doc" xml:lang="en-US">The amount of lease liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesPayments" xlink:to="sid_LeaseLiabilitiesPayments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LeaseLiabilitiesPayments_doc" xml:lang="en-US">The amount refers to the LeaseLiabilitiesPayments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesPotencialPISAndCOFINSCredit" xlink:to="sid_LeaseLiabilitiesPotencialPISAndCOFINSCredit_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LeaseLiabilitiesPotencialPISAndCOFINSCredit_doc" xml:lang="en-US">The amount of lease liabilities potencial PIS and COFINS credit.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesPresentValueAdjustmentsNewleases" xlink:to="sid_LeaseLiabilitiesPresentValueAdjustmentsNewleases_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LeaseLiabilitiesPresentValueAdjustmentsNewleases_doc" xml:lang="en-US">The amount refers to the Lease Liabilities Present Value Adjustments New leases.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesPresentValueAdjustmentsOne" xlink:to="sid_LeaseLiabilitiesPresentValueAdjustmentsOne_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LeaseLiabilitiesPresentValueAdjustmentsOne_doc" xml:lang="en-US">The amount of present value adjustment in leases.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit" xlink:to="sid_LeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit_doc" xml:lang="en-US">The amount of present value adjustment in leases PIS and COFINS credit.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesWriteoff" xlink:to="sid_LeaseLiabilitiesWriteoff_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LeaseLiabilitiesWriteoff_doc" xml:lang="en-US">The amount refers to the LeaseLiabilitiesWriteoff.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Leases" xlink:to="sid_Leases_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_Leases_doc" xml:lang="en-US">Amount refers to the leases.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeasesMember" xlink:to="sid_LeasesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LeasesMember_doc" xml:lang="en-US">This member stands for leases.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LiabilitiesOfBenefitPlan" xlink:to="sid_LiabilitiesOfBenefitPlan_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LiabilitiesOfBenefitPlan_doc" xml:lang="en-US">The amount of liabilites held by retirement benefit plans.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LimitOfIndebtednessMember" xlink:to="sid_LimitOfIndebtednessMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LimitOfIndebtednessMember_doc" xml:lang="en-US">This member stands for limit of indebtedness.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Liquidity" xlink:to="sid_Liquidity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_Liquidity_doc" xml:lang="en-US">The amount of liquidity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LoanMember" xlink:to="sid_LoanMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LoanMember_doc" xml:lang="en-US">This member stands for loan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LoansWithRelatedPartiesMember" xlink:to="sid_LoansWithRelatedPartiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LoansWithRelatedPartiesMember_doc" xml:lang="en-US">This member stands for loans with related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LocalCurrencyMember" xlink:to="sid_LocalCurrencyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LocalCurrencyMember_doc" xml:lang="en-US">This member stands for local currency.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LogisticMember" xlink:to="sid_LogisticMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LogisticMember_doc" xml:lang="en-US">This member stands for logistic.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LogisticsMember" xlink:to="sid_LogisticsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LogisticsMember_doc" xml:lang="en-US">This member stands for logistics.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LondonInterbankOfferedRateLIBOROneMember" xlink:to="sid_LondonInterbankOfferedRateLIBOROneMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LondonInterbankOfferedRateLIBOROneMember_doc" xml:lang="en-US">This member stands for london interbank offered rate l i b o r one.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LongStelMember" xlink:to="sid_LongStelMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LongStelMember_doc" xml:lang="en-US">The member stands for the long stel.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LossesOnUsiminasSharesMember" xlink:to="sid_LossesOnUsiminasSharesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LossesOnUsiminasSharesMember_doc" xml:lang="en-US">This member stands for losses on usiminas shares.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember" xlink:to="sid_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember_doc" xml:lang="en-US">This member stands for losses reversal for deferred income and social contribution tax credits.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MRSLogisticaMember" xlink:to="sid_MRSLogisticaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MRSLogisticaMember_doc" xml:lang="en-US">Represent information about the m r s logistica member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter10Member" xlink:to="sid_MainLegalMatter10Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter10Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter11Member" xlink:to="sid_MainLegalMatter11Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter11Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter13Member" xlink:to="sid_MainLegalMatter13Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter13Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter14Member" xlink:to="sid_MainLegalMatter14Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter14Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter15Member" xlink:to="sid_MainLegalMatter15Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter15Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter16Member" xlink:to="sid_MainLegalMatter16Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter16Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter17Member" xlink:to="sid_MainLegalMatter17Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter17Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter18Member" xlink:to="sid_MainLegalMatter18Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter18Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter19Member" xlink:to="sid_MainLegalMatter19Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter19Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter1Member" xlink:to="sid_MainLegalMatter1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter1Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter20Member" xlink:to="sid_MainLegalMatter20Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter20Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter21Member" xlink:to="sid_MainLegalMatter21Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter21Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter23Member" xlink:to="sid_MainLegalMatter23Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter23Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter25Member" xlink:to="sid_MainLegalMatter25Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter25Member_doc" xml:lang="en-US">Represent information about the main legal matter25 member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter26Member" xlink:to="sid_MainLegalMatter26Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter26Member_doc" xml:lang="en-US">Represent information about the main legal matter26 member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter27Member" xlink:to="sid_MainLegalMatter27Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter27Member_doc" xml:lang="en-US">Represent information about the main legal matter27 member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter28Member" xlink:to="sid_MainLegalMatter28Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter28Member_doc" xml:lang="en-US">Represent information about the main legal matter28 member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter29Member" xlink:to="sid_MainLegalMatter29Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter29Member_doc" xml:lang="en-US">Represent information about the main legal matter29 member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter2Member" xlink:to="sid_MainLegalMatter2Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter2Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter30Member" xlink:to="sid_MainLegalMatter30Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter30Member_doc" xml:lang="en-US">Represent information about the main legal matter30 member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter31Member" xlink:to="sid_MainLegalMatter31Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter31Member_doc" xml:lang="en-US">Represent information about the main legal matter31 member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter32Member" xlink:to="sid_MainLegalMatter32Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter32Member_doc" xml:lang="en-US">Represent information about the main legal matter32 member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter3Member" xlink:to="sid_MainLegalMatter3Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter3Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter4Member" xlink:to="sid_MainLegalMatter4Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter4Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter5Member" xlink:to="sid_MainLegalMatter5Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter5Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter7Member" xlink:to="sid_MainLegalMatter7Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter7Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MainLegalMatter8Member" xlink:to="sid_MainLegalMatter8Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MainLegalMatter8Member_doc" xml:lang="en-US">This member stands for main legal matter.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MaintenanceCostServicesAndMaterialsMember" xlink:to="sid_MaintenanceCostServicesAndMaterialsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MaintenanceCostServicesAndMaterialsMember_doc" xml:lang="en-US">This member stands for maintenance cost services and materials.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MaleMember" xlink:to="sid_MaleMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MaleMember_doc" xml:lang="en-US">This member stands for male.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember" xlink:to="sid_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember_doc" xml:lang="en-US">This member stands for manufacturing repair recovery and production of ingot casting machine units.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Maturity" xlink:to="sid_Maturity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_Maturity_doc" xml:lang="en-US">Description of maturity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MineriosNacionalMember" xlink:to="sid_MineriosNacionalMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MineriosNacionalMember_doc" xml:lang="en-US">Represent information about the minerios nacional member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MineriosNacionalSAMember" xlink:to="sid_MineriosNacionalSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MineriosNacionalSAMember_doc" xml:lang="en-US">This member stands for minerios nacional sa.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MinimumAndMaximumBuybackPrice" xlink:to="sid_MinimumAndMaximumBuybackPrice_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MinimumAndMaximumBuybackPrice_doc" xml:lang="en-US">The amount of minimum and maximum buyback price.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MinimumFuturePaymentsOfTakeOrPayContracts" xlink:to="sid_MinimumFuturePaymentsOfTakeOrPayContracts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MinimumFuturePaymentsOfTakeOrPayContracts_doc" xml:lang="en-US">Amount represent the minimum future payments of take-or-pay contracts.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MinimumMandatoryDividend" xlink:to="sid_MinimumMandatoryDividend_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MinimumMandatoryDividend_doc" xml:lang="en-US">The amount of mandatory minimum dividends.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MiningMember" xlink:to="sid_MiningMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MiningMember_doc" xml:lang="en-US">The member stands for the mining.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MinningMember" xlink:to="sid_MinningMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MinningMember_doc" xml:lang="en-US">This member stands for minning.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MiscellaneousOtherOperatingExpense1" xlink:to="sid_MiscellaneousOtherOperatingExpense1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MiscellaneousOtherOperatingExpense1_doc" xml:lang="en-US">Amount refers to the miscellaneous other operating expense1.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MixedSupplementaryBenefitPlanMember" xlink:to="sid_MixedSupplementaryBenefitPlanMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MixedSupplementaryBenefitPlanMember_doc" xml:lang="en-US">This member stands for mixed supplementary benefit plan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember" xlink:to="sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember_doc" xml:lang="en-US">This member stands for monetary adjustment related to the eletrobrass compulsory loan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MunicipalityOfVoltaRedondaMember" xlink:to="sid_MunicipalityOfVoltaRedondaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MunicipalityOfVoltaRedondaMember_doc" xml:lang="en-US">This member stands for municipality of volta redonda.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NetAdditionalCash" xlink:to="sid_NetAdditionalCash_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NetAdditionalCash_doc" xml:lang="en-US">Amount refers to the net additionl cash.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NetExchangePositionMember" xlink:to="sid_NetExchangePositionMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NetExchangePositionMember_doc" xml:lang="en-US">Represent information about the net exchange position member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NetExchangePositionOneMember" xlink:to="sid_NetExchangePositionOneMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NetExchangePositionOneMember_doc" xml:lang="en-US">Represent information about the net exchange position one member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NetUtilizationOfAccrualReversal" xlink:to="sid_NetUtilizationOfAccrualReversal_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NetUtilizationOfAccrualReversal_doc" xml:lang="en-US">The amount refers to net utilization of accrual reversal.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NonDerivativeFinancialLiabilitiesInEurDebtContractMember" xlink:to="sid_NonDerivativeFinancialLiabilitiesInEurDebtContractMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NonDerivativeFinancialLiabilitiesInEurDebtContractMember_doc" xml:lang="en-US">This member stands for non derivative financial liabilities in eur debt contract.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NotLaterThanOne1YearMember" xlink:to="sid_NotLaterThanOne1YearMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NotLaterThanOne1YearMember_doc" xml:lang="en-US">Information by not later than one year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NotLaterThanOneMonthsMember" xlink:to="sid_NotLaterThanOneMonthsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NotLaterThanOneMonthsMember_doc" xml:lang="en-US">The member represent not later than one monts.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NotLaterThanOneYearsMember" xlink:to="sid_NotLaterThanOneYearsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NotLaterThanOneYearsMember_doc" xml:lang="en-US">Represent information about the not later than one years member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Notional" xlink:to="sid_Notional_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_Notional_doc" xml:lang="en-US">Description of notional.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NotionalAmounts" xlink:to="sid_NotionalAmounts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NotionalAmounts_doc" xml:lang="en-US">Notional amount.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NumberOfOperatingActivities" xlink:to="sid_NumberOfOperatingActivities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NumberOfOperatingActivities_doc" xml:lang="en-US">Represents number of number of operating activities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NumberOfShareIssuedValue" xlink:to="sid_NumberOfShareIssuedValue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NumberOfShareIssuedValue_doc" xml:lang="en-US">The amount represents number of shares issued.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NumberOfShares" xlink:to="sid_NumberOfShares_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NumberOfShares_doc" xml:lang="en-US">Represents the information about number of shares.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NumberOfSharesRepurchased" xlink:to="sid_NumberOfSharesRepurchased_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NumberOfSharesRepurchased_doc" xml:lang="en-US">Information about number of shares repurchased.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NyseAdrsMember" xlink:to="sid_NyseAdrsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NyseAdrsMember_doc" xml:lang="en-US">This member stands for nyse adrs.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OilStorageAndHandlingMember" xlink:to="sid_OilStorageAndHandlingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OilStorageAndHandlingMember_doc" xml:lang="en-US">Represent information about the oil storage and handling member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OperatingEquipmentMember" xlink:to="sid_OperatingEquipmentMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OperatingEquipmentMember_doc" xml:lang="en-US">This member stands for operating equipment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OperationalFacilitiesMember" xlink:to="sid_OperationalFacilitiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OperationalFacilitiesMember_doc" xml:lang="en-US">This member stands for operational facilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OrdinarySharesOneMember" xlink:to="sid_OrdinarySharesOneMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OrdinarySharesOneMember_doc" xml:lang="en-US">This member stands for ordinary shares one.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherAccountsPayableMember" xlink:to="sid_OtherAccountsPayableMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherAccountsPayableMember_doc" xml:lang="en-US">This member stands for other accounts payable.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherCurrentAssetMember" xlink:to="sid_OtherCurrentAssetMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherCurrentAssetMember_doc" xml:lang="en-US">Represent information about the other current asset member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherExpensesOne" xlink:to="sid_OtherExpensesOne_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherExpensesOne_doc" xml:lang="en-US">Amount refers to the other expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherFinancialExpenses" xlink:to="sid_OtherFinancialExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherFinancialExpenses_doc" xml:lang="en-US">Amount refers to the other financial expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherLiabilities1Member" xlink:to="sid_OtherLiabilities1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherLiabilities1Member_doc" xml:lang="en-US">This member stands for other liabilities1.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherMember" xlink:to="sid_OtherMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherMember_doc" xml:lang="en-US">This member stands for other.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherNonCurrentAssetMember" xlink:to="sid_OtherNonCurrentAssetMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherNonCurrentAssetMember_doc" xml:lang="en-US">Represent information about the other non current asset member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherOneMember" xlink:to="sid_OtherOneMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherOneMember_doc" xml:lang="en-US">This member stands for other one.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherOperatingExpenses" xlink:to="sid_OtherOperatingExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherOperatingExpenses_doc" xml:lang="en-US">The amount of other operating expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherOperatingIncomeExpense1" xlink:to="sid_OtherOperatingIncomeExpense1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherOperatingIncomeExpense1_doc" xml:lang="en-US">The amount of operating expenses that the entity does not separately disclose in the same statement or note.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherOperatingIncomeExpensesNet" xlink:to="sid_OtherOperatingIncomeExpensesNet_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherOperatingIncomeExpensesNet_doc" xml:lang="en-US">The amount of other operating income expenses net.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherPayablesMember" xlink:to="sid_OtherPayablesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherPayablesMember_doc" xml:lang="en-US">This member stands for other payables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherPermanentDeductionsAdditionsMember" xlink:to="sid_OtherPermanentDeductionsAdditionsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherPermanentDeductionsAdditionsMember_doc" xml:lang="en-US">This member stands for other permanent deductions additions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherProvisionForConsumptionAndServicesMember" xlink:to="sid_OtherProvisionForConsumptionAndServicesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherProvisionForConsumptionAndServicesMember_doc" xml:lang="en-US">This member stands for other provision for consumption and services.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherReceivablesFromRelatedPartiesMember" xlink:to="sid_OtherReceivablesFromRelatedPartiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherReceivablesFromRelatedPartiesMember_doc" xml:lang="en-US">This member stands for other receivables from related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherReceivablesMember" xlink:to="sid_OtherReceivablesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherReceivablesMember_doc" xml:lang="en-US">This member stands for other receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherRevenues" xlink:to="sid_OtherRevenues_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherRevenues_doc" xml:lang="en-US">Amount refers to the other revenues.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherSteelMember" xlink:to="sid_OtherSteelMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherSteelMember_doc" xml:lang="en-US">The member stands for the other steel.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherTaxesInInstallmentsMember" xlink:to="sid_OtherTaxesInInstallmentsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherTaxesInInstallmentsMember_doc" xml:lang="en-US">This member stands for other taxes in installments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherTaxesMember" xlink:to="sid_OtherTaxesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherTaxesMember_doc" xml:lang="en-US">Represent information about the other taxes member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherTradeReceivablesMember" xlink:to="sid_OtherTradeReceivablesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherTradeReceivablesMember_doc" xml:lang="en-US">This member stands for other trade receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Others" xlink:to="sid_Others_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_Others_doc" xml:lang="en-US">The amount of others.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersChangesInOtherBorrowings" xlink:to="sid_OthersChangesInOtherBorrowings_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OthersChangesInOtherBorrowings_doc" xml:lang="en-US">The amount refers to others changes in other borrowings.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersFinancial" xlink:to="sid_OthersFinancial_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OthersFinancial_doc" xml:lang="en-US">The amount of others financial.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersGuarantees" xlink:to="sid_OthersGuarantees_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OthersGuarantees_doc" xml:lang="en-US">The amount refers to others guarantees.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersMember" xlink:to="sid_OthersMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OthersMember_doc" xml:lang="en-US">This member stands for others.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersOneMember" xlink:to="sid_OthersOneMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OthersOneMember_doc" xml:lang="en-US">Represent information about the others one member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersPlanAssetsMember" xlink:to="sid_OthersPlanAssetsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OthersPlanAssetsMember_doc" xml:lang="en-US">This member stands for others plan assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersPropertyPlantAndEquipment" xlink:to="sid_OthersPropertyPlantAndEquipment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OthersPropertyPlantAndEquipment_doc" xml:lang="en-US">The amount refers to others.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OutsourcingServicesMember" xlink:to="sid_OutsourcingServicesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OutsourcingServicesMember_doc" xml:lang="en-US">This member stands for outsourcing services.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PackagingMember" xlink:to="sid_PackagingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PackagingMember_doc" xml:lang="en-US">The member stands for the packaging.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ParticipantsAxis" xlink:to="sid_ParticipantsAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ParticipantsAxis_doc" xml:lang="en-US">The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PayablesToRelatedPartiesMember" xlink:to="sid_PayablesToRelatedPartiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PayablesToRelatedPartiesMember_doc" xml:lang="en-US">This member stands for payables to related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfDebentureConverted" xlink:to="sid_PercentageOfDebentureConverted_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PercentageOfDebentureConverted_doc" xml:lang="en-US">Percentage represent the debentures converted into shares.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfDistributionOfMinimumDividends" xlink:to="sid_PercentageOfDistributionOfMinimumDividends_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PercentageOfDistributionOfMinimumDividends_doc" xml:lang="en-US">Represent information about the percentage of distribution of minimum dividends.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfProductionProcess" xlink:to="sid_PercentageOfProductionProcess_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PercentageOfProductionProcess_doc" xml:lang="en-US">Represent information about the percentage of production process.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfProgressProjectPosts" xlink:to="sid_PercentageOfProgressProjectPosts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PercentageOfProgressProjectPosts_doc" xml:lang="en-US">Percentage represent the progress project posts.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfScenarios" xlink:to="sid_PercentageOfScenarios_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PercentageOfScenarios_doc" xml:lang="en-US">Information about percentage of scenarios.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfShares" xlink:to="sid_PercentageOfShares_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PercentageOfShares_doc" xml:lang="en-US">Information about percentage of shares.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PerpetualBonds" xlink:to="sid_PerpetualBonds_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PerpetualBonds_doc" xml:lang="en-US">The amount refers to perpetual bonds.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PerpetualBondsMember" xlink:to="sid_PerpetualBondsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PerpetualBondsMember_doc" xml:lang="en-US">This member stands for perpetual bonds.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PisAndCofinsToCompensate" xlink:to="sid_PisAndCofinsToCompensate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PisAndCofinsToCompensate_doc" xml:lang="en-US">Amount refers to the PIS and COFINS to compensate.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PiscofinsOverFinancialIncome" xlink:to="sid_PiscofinsOverFinancialIncome_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PiscofinsOverFinancialIncome_doc" xml:lang="en-US">Amount refers to the PIS/COFINS over financial income.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PlanAssetsAtFairValue1" xlink:to="sid_PlanAssetsAtFairValue1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PlanAssetsAtFairValue1_doc" xml:lang="en-US">The amount refers to plan assets at fair value1.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PlanAssetsPercentage" xlink:to="sid_PlanAssetsPercentage_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PlanAssetsPercentage_doc" xml:lang="en-US">Information about plan assets percentage.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember" xlink:to="sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember_doc" xml:lang="en-US">This member stands for plan covering thirty five percent of the average salary.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PortMember" xlink:to="sid_PortMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PortMember_doc" xml:lang="en-US">This member stands for port.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PossibleActuarialAssumptionAxis" xlink:to="sid_PossibleActuarialAssumptionAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PossibleActuarialAssumptionAxis_doc" xml:lang="en-US">The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PossibleDecreaseInActuarialAssumptionMember" xlink:to="sid_PossibleDecreaseInActuarialAssumptionMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PossibleDecreaseInActuarialAssumptionMember_doc" xml:lang="en-US">This member stands for possible decrease in actuarial assumption.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PossibleIncreaseInActuarialAssumptionMember" xlink:to="sid_PossibleIncreaseInActuarialAssumptionMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PossibleIncreaseInActuarialAssumptionMember_doc" xml:lang="en-US">This member stands for possible increase in actuarial assumption.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PostEmploymentHealthcareBenefitsMember" xlink:to="sid_PostEmploymentHealthcareBenefitsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PostEmploymentHealthcareBenefitsMember_doc" xml:lang="en-US">This member stands for post employment healthcare benefits.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PreferenceSharesoneMember" xlink:to="sid_PreferenceSharesoneMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PreferenceSharesoneMember_doc" xml:lang="en-US">This member stands for preference sharesone.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PrepaidExpensesMember" xlink:to="sid_PrepaidExpensesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PrepaidExpensesMember_doc" xml:lang="en-US">This member stands for prepaid expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PrepaidExpensesWithSeaFreightMember" xlink:to="sid_PrepaidExpensesWithSeaFreightMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PrepaidExpensesWithSeaFreightMember_doc" xml:lang="en-US">Represent information about the prepaid expenses with sea freight member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PrepaymentMember" xlink:to="sid_PrepaymentMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PrepaymentMember_doc" xml:lang="en-US">This member stands for prepayment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PresentValueAdjustmentLeasesLiabilities" xlink:to="sid_PresentValueAdjustmentLeasesLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PresentValueAdjustmentLeasesLiabilities_doc" xml:lang="en-US">The amount of present value adjustment in leases.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PrimaryDistributionMember" xlink:to="sid_PrimaryDistributionMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PrimaryDistributionMember_doc" xml:lang="en-US">Represent information about the primary distribution member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PrincipalAmountReceivablesForIndemnity" xlink:to="sid_PrincipalAmountReceivablesForIndemnity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PrincipalAmountReceivablesForIndemnity_doc" xml:lang="en-US">The amount of principal amount receivables for indemnity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProbableScenarioMember" xlink:to="sid_ProbableScenarioMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ProbableScenarioMember_doc" xml:lang="en-US">This member stands for probable scenario.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember" xlink:to="sid_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember_doc" xml:lang="en-US">This member stands for processing of slag generated during pig iron and steel production.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProfitForAllocation" xlink:to="sid_ProfitForAllocation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ProfitForAllocation_doc" xml:lang="en-US">The amount of profit for allocation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProfitGeneratedByForeignSubsidiaries" xlink:to="sid_ProfitGeneratedByForeignSubsidiaries_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ProfitGeneratedByForeignSubsidiaries_doc" xml:lang="en-US">The amount refers to profit generated by foreign subsidiaries.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProfitSharingEmployeesMember" xlink:to="sid_ProfitSharingEmployeesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ProfitSharingEmployeesMember_doc" xml:lang="en-US">This member stands for profit sharing employees.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProfitWithDifferentiatedRatesOrUntaxedMember" xlink:to="sid_ProfitWithDifferentiatedRatesOrUntaxedMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ProfitWithDifferentiatedRatesOrUntaxedMember_doc" xml:lang="en-US">This member stands for profit with differentiated rates or untaxed.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProposedAmount" xlink:to="sid_ProposedAmount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ProposedAmount_doc" xml:lang="en-US">Amount represent proposed from third parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProposedDestinationAbtract" xlink:to="sid_ProposedDestinationAbtract_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ProposedDestinationAbtract_doc" xml:lang="en-US">The amount refers to proposed destination abtract.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProposedDividendOnShareholdersEquityLiabilites" xlink:to="sid_ProposedDividendOnShareholdersEquityLiabilites_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ProposedDividendOnShareholdersEquityLiabilites_doc" xml:lang="en-US">The amount related to proposed dividend.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember" xlink:to="sid_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember_doc" xml:lang="en-US">This member stands for provision for tax social security labor civil and environmental risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProvisionFromConsumptionAndServicesMember" xlink:to="sid_ProvisionFromConsumptionAndServicesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ProvisionFromConsumptionAndServicesMember_doc" xml:lang="en-US">This member stands for provision from consumption and services.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RailroadsMember" xlink:to="sid_RailroadsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RailroadsMember_doc" xml:lang="en-US">This member stands for railroads.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RailwayOperationMember" xlink:to="sid_RailwayOperationMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RailwayOperationMember_doc" xml:lang="en-US">This member stands for railway operation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RateAxis" xlink:to="sid_RateAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RateAxis_doc" xml:lang="en-US">Represent information about the rate axis.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RateInNominalTermsAndActualFlowMember" xlink:to="sid_RateInNominalTermsAndActualFlowMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RateInNominalTermsAndActualFlowMember_doc" xml:lang="en-US">Represent information about the rate in nominal terms and actual flow member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RawMaterialsAndInputsMember" xlink:to="sid_RawMaterialsAndInputsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RawMaterialsAndInputsMember_doc" xml:lang="en-US">This member stands for raw materials and inputs.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RawMaterialsMember" xlink:to="sid_RawMaterialsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RawMaterialsMember_doc" xml:lang="en-US">This member stands for raw materials.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RealEstatesMember" xlink:to="sid_RealEstatesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RealEstatesMember_doc" xml:lang="en-US">This member stands for real estates.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RealIncreaseInMedicalCostsBasedOnAgeAgingFactor" xlink:to="sid_RealIncreaseInMedicalCostsBasedOnAgeAgingFactor_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RealIncreaseInMedicalCostsBasedOnAgeAgingFactor_doc" xml:lang="en-US">Real increase in medical costs based on age (Aging Factor)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ReceivableForIndemnification" xlink:to="sid_ReceivableForIndemnification_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ReceivableForIndemnification_doc" xml:lang="en-US">The amount of receivable for indemnification.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ReceivablesByIndemnity" xlink:to="sid_ReceivablesByIndemnity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ReceivablesByIndemnity_doc" xml:lang="en-US">The amount of receivables by indemnity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ReceivablesByIndemnityMember" xlink:to="sid_ReceivablesByIndemnityMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ReceivablesByIndemnityMember_doc" xml:lang="en-US">Represent information about the receivables by indemnity member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ReceivablesForIndemnity" xlink:to="sid_ReceivablesForIndemnity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ReceivablesForIndemnity_doc" xml:lang="en-US">The amount of receivables for indemnity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RecognisedGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:to="sid_RecognisedGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RecognisedGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset_doc" xml:lang="en-US">The amount refers to recognised gain loss on remeasurement of net defined benefit liability asset.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RecognitionOfExclusionOfIcmsInPisAndCofins" xlink:to="sid_RecognitionOfExclusionOfIcmsInPisAndCofins_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RecognitionOfExclusionOfIcmsInPisAndCofins_doc" xml:lang="en-US">Represent information about the recognition of exclusion of icms in pis and cofins.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RecognitionOfLossGainNetDefinedBenefitLiability" xlink:to="sid_RecognitionOfLossGainNetDefinedBenefitLiability_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RecognitionOfLossGainNetDefinedBenefitLiability_doc" xml:lang="en-US">The amount refers to recognition of loss gain net defined benefit liability.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RelatedPartieMember" xlink:to="sid_RelatedPartieMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RelatedPartieMember_doc" xml:lang="en-US">The member represent related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RelatedParties" xlink:to="sid_RelatedParties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RelatedParties_doc" xml:lang="en-US">Amount refers to the related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RelatedPartiesOne" xlink:to="sid_RelatedPartiesOne_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RelatedPartiesOne_doc" xml:lang="en-US">Amount refers to the related parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RemeasurementRightOfUse1" xlink:to="sid_RemeasurementRightOfUse1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RemeasurementRightOfUse1_doc" xml:lang="en-US">The amount refers to remeasurement right of use1.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RentArrears" xlink:to="sid_RentArrears_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RentArrears_doc" xml:lang="en-US">Represent information about the rent arrears.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RentalsAndLeases" xlink:to="sid_RentalsAndLeases_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RentalsAndLeases_doc" xml:lang="en-US">Amount refers to the rentals and leases.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ResearchAndDevelopmentExpenses" xlink:to="sid_ResearchAndDevelopmentExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ResearchAndDevelopmentExpenses_doc" xml:lang="en-US">Amount refers to the research and development expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RestrictionToActuarialAssetsDueToRecoveryLimitation" xlink:to="sid_RestrictionToActuarialAssetsDueToRecoveryLimitation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RestrictionToActuarialAssetsDueToRecoveryLimitation_doc" xml:lang="en-US">The amount refers to restriction to actuarial assets due to recovery limitation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RevenueDeductions" xlink:to="sid_RevenueDeductions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RevenueDeductions_doc" xml:lang="en-US">The amount refers to revenue deductions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ReversalOfDeferredTaxInNamisaMember" xlink:to="sid_ReversalOfDeferredTaxInNamisaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ReversalOfDeferredTaxInNamisaMember_doc" xml:lang="en-US">This member stands for reversal of deferred tax in namisa.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence" xlink:to="sid_ReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence_doc" xml:lang="en-US">The amount recognised as a reduction in the amount of inventories recognised as an expense due to the reversal low turnover and obsolescence.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RightOfUse" xlink:to="sid_RightOfUse_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RightOfUse_doc" xml:lang="en-US">Represent information about the right of use.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment" xlink:to="sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment_doc" xml:lang="en-US">The amount refers to right of use- initial recognition.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RightOfUseRemesurementPropertyPlantAndEquipment" xlink:to="sid_RightOfUseRemesurementPropertyPlantAndEquipment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RightOfUseRemesurementPropertyPlantAndEquipment_doc" xml:lang="en-US">The amount refers to right of use - remesurement .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RioIacoParticipacoesSAMember" xlink:to="sid_RioIacoParticipacoesSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RioIacoParticipacoesSAMember_doc" xml:lang="en-US">This member stands for rio iaco participacoes sa.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RioLacoParticipacoesSAMember" xlink:to="sid_RioLacoParticipacoesSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RioLacoParticipacoesSAMember_doc" xml:lang="en-US">This member stands for rio laco participacoes s a.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RioPurusParticipacoesSAMember" xlink:to="sid_RioPurusParticipacoesSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RioPurusParticipacoesSAMember_doc" xml:lang="en-US">This member stands for rio purus participacoes sa.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SalesOfficesMember" xlink:to="sid_SalesOfficesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SalesOfficesMember_doc" xml:lang="en-US">This member stands for sales offices.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SalesReturnsAndDiscounts" xlink:to="sid_SalesReturnsAndDiscounts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SalesReturnsAndDiscounts_doc" xml:lang="en-US">The amount refers to sales returns and discounts.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScenarioIIMember" xlink:to="sid_ScenarioIIMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScenarioIIMember_doc" xml:lang="en-US">This member stands for scenario i i.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScenarioIIThreeMember" xlink:to="sid_ScenarioIIThreeMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScenarioIIThreeMember_doc" xml:lang="en-US">Represent information about the scenario i i three member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScenarioIITwoMember" xlink:to="sid_ScenarioIITwoMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScenarioIITwoMember_doc" xml:lang="en-US">Represent information about the scenario i i two member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScenarioIMember" xlink:to="sid_ScenarioIMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScenarioIMember_doc" xml:lang="en-US">This member stands for scenario i.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SecondaryDistributionMember" xlink:to="sid_SecondaryDistributionMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SecondaryDistributionMember_doc" xml:lang="en-US">Represent information about the secondary distribution member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SecuritiesHeldForTradingMember" xlink:to="sid_SecuritiesHeldForTradingMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SecuritiesHeldForTradingMember_doc" xml:lang="en-US">This member stands for securities held for trading.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SelfSufficientInstalledCapacity" xlink:to="sid_SelfSufficientInstalledCapacity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SelfSufficientInstalledCapacity_doc" xml:lang="en-US">The amount refers to self sufficient installed capacity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SensitivityAnalysisForPriceRisks" xlink:to="sid_SensitivityAnalysisForPriceRisks_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SensitivityAnalysisForPriceRisks_doc" xml:lang="en-US">The amount of sensitivity analysis for price risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SensitivityAnalysisForStockPriceRisks" xlink:to="sid_SensitivityAnalysisForStockPriceRisks_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SensitivityAnalysisForStockPriceRisks_doc" xml:lang="en-US">The amouont of sensitivity analysis for stock price risks.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SensitivityAnalysisInterestRate" xlink:to="sid_SensitivityAnalysisInterestRate_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SensitivityAnalysisInterestRate_doc" xml:lang="en-US">Represents the information about sensitivity analysis interest rate.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SensitivityLevel" xlink:to="sid_SensitivityLevel_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SensitivityLevel_doc" xml:lang="en-US">The amount refers to sensitivity level.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SensitivityLevelYear" xlink:to="sid_SensitivityLevelYear_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SensitivityLevelYear_doc" xml:lang="en-US">Information by sensitivity level.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ShareCapital" xlink:to="sid_ShareCapital_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ShareCapital_doc" xml:lang="en-US">The amount represents share capital.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SharePrice1" xlink:to="sid_SharePrice1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SharePrice1_doc" xml:lang="en-US">Information about the share price.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ShortTermInvestmentMember" xlink:to="sid_ShortTermInvestmentMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ShortTermInvestmentMember_doc" xml:lang="en-US">Represent information about the short term investment member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SocialSecurityMember" xlink:to="sid_SocialSecurityMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SocialSecurityMember_doc" xml:lang="en-US">This member stands for social security.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SparePartsMember" xlink:to="sid_SparePartsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SparePartsMember_doc" xml:lang="en-US">This member stands for spare parts.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability" xlink:to="sid_SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability_doc" xml:lang="en-US">The amount refers to sponsor&amp;amp;amp;amp;amp;#8217;s contributions transferred in prior year.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_StateValueAddedTaxMember" xlink:to="sid_StateValueAddedTaxMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_StateValueAddedTaxMember_doc" xml:lang="en-US">Represent information about the state value added tax member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_StatutoryReserves" xlink:to="sid_StatutoryReserves_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_StatutoryReserves_doc" xml:lang="en-US">The amount of statutory reserves.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SteelMember" xlink:to="sid_SteelMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SteelMember_doc" xml:lang="en-US">This member stands for steel.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_StockValue" xlink:to="sid_StockValue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_StockValue_doc" xml:lang="en-US">The amount refers to the stock value.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_StudiesAndProjectEngineeringExpenses" xlink:to="sid_StudiesAndProjectEngineeringExpenses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_StudiesAndProjectEngineeringExpenses_doc" xml:lang="en-US">Amount refers to the studies and project engineering expenses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Subsegments1Axis" xlink:to="sid_Subsegments1Axis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_Subsegments1Axis_doc" xml:lang="en-US">The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SubsidiariesAndAssociateMember" xlink:to="sid_SubsidiariesAndAssociateMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SubsidiariesAndAssociateMember_doc" xml:lang="en-US">Represent information about the subsidiaries and associate member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember" xlink:to="sid_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember_doc" xml:lang="en-US">Represent information about the subsidiaries joint ventures associates exclusive funds and other related partie member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SubsidiarySalesOfStockAxis" xlink:to="sid_SubsidiarySalesOfStockAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SubsidiarySalesOfStockAxis_doc" xml:lang="en-US">Represent information about the subsidiary sales of stock axis.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SuppliesMember" xlink:to="sid_SuppliesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SuppliesMember_doc" xml:lang="en-US">This member stands for supplies.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SupplyOfContract" xlink:to="sid_SupplyOfContract_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SupplyOfContract_doc" xml:lang="en-US">Information about supply of contract.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember" xlink:to="sid_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember_doc" xml:lang="en-US">This member stands for supply of power natural gas oxygen nitrogen argon and iron ore pellets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TJLPMember" xlink:to="sid_TJLPMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TJLPMember_doc" xml:lang="en-US">This member stands for tjlp.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxEffectOfRevenues" xlink:to="sid_TaxEffectOfRevenues_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TaxEffectOfRevenues_doc" xml:lang="en-US">The amount refers to tax effect of revenues.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxForeclosure" xlink:to="sid_TaxForeclosure_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TaxForeclosure_doc" xml:lang="en-US">The amount refers to tax foreclosure.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxIncentivesMember" xlink:to="sid_TaxIncentivesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TaxIncentivesMember_doc" xml:lang="en-US">This member stands for tax incentives.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember" xlink:to="sid_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember_doc" xml:lang="en-US">This member stands for tax loss carryforwards without recognizing deferred taxes.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxLossesMember" xlink:to="sid_TaxLossesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TaxLossesMember_doc" xml:lang="en-US">This member stands for tax losses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxMember" xlink:to="sid_TaxMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TaxMember_doc" xml:lang="en-US">This member stands for tax.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxesAndFees" xlink:to="sid_TaxesAndFees_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TaxesAndFees_doc" xml:lang="en-US">Amount refers to the taxes and fees.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxesInInstallmentsMember" xlink:to="sid_TaxesInInstallmentsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TaxesInInstallmentsMember_doc" xml:lang="en-US">This member stands for taxes in installments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxesPayableMember" xlink:to="sid_TaxesPayableMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TaxesPayableMember_doc" xml:lang="en-US">This member stands for taxes payable.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TemporaryDifferencesMember" xlink:to="sid_TemporaryDifferencesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TemporaryDifferencesMember_doc" xml:lang="en-US">This member stands for temporary differences.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ThirdPartiesMember" xlink:to="sid_ThirdPartiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ThirdPartiesMember_doc" xml:lang="en-US">The member represent third parties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ThirdPartyMaterialsInOurPossessionMember" xlink:to="sid_ThirdPartyMaterialsInOurPossessionMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ThirdPartyMaterialsInOurPossessionMember_doc" xml:lang="en-US">This member stands for third party materials in our possession.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset" xlink:to="sid_TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset_doc" xml:lang="en-US">The amount refers to total cost of actuarial losses and (gains).</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalDollarToEuroSwapMember" xlink:to="sid_TotalDollarToEuroSwapMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TotalDollarToEuroSwapMember_doc" xml:lang="en-US">Represent information about the total dollar to euro swap member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalFutureDi" xlink:to="sid_TotalFutureDi_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TotalFutureDi_doc" xml:lang="en-US">Amount refers to the statement of total future DI.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalGuarantees" xlink:to="sid_TotalGuarantees_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TotalGuarantees_doc" xml:lang="en-US">The amount refers to total guarantees.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalSharesMember" xlink:to="sid_TotalSharesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TotalSharesMember_doc" xml:lang="en-US">This member stands for total shares.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalSwapCDIDollarMember" xlink:to="sid_TotalSwapCDIDollarMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TotalSwapCDIDollarMember_doc" xml:lang="en-US">Represent information about the total swap c d i dollar member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalSwapGBPEuroMember" xlink:to="sid_TotalSwapGBPEuroMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TotalSwapGBPEuroMember_doc" xml:lang="en-US">Represent information about the total swap g b p euro member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TradePayablesDraweeRiskMember" xlink:to="sid_TradePayablesDraweeRiskMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TradePayablesDraweeRiskMember_doc" xml:lang="en-US">This member stands for trade payables drawee risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TradePayablesMember" xlink:to="sid_TradePayablesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TradePayablesMember_doc" xml:lang="en-US">This member stands for trade payables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TransferPricingAdjustmentMember" xlink:to="sid_TransferPricingAdjustmentMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TransferPricingAdjustmentMember_doc" xml:lang="en-US">This member stands for transfer pricing adjustment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TransfersToOtherAssetCategories" xlink:to="sid_TransfersToOtherAssetCategories_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TransfersToOtherAssetCategories_doc" xml:lang="en-US">The amount of transfers to other asset categories.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TransnordestinaLogisticaSAMember" xlink:to="sid_TransnordestinaLogisticaSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TransnordestinaLogisticaSAMember_doc" xml:lang="en-US">This member stands for transnordestina logistica sa.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember" xlink:to="sid_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember_doc" xml:lang="en-US">This member stands for transportation of iron ore coal coke steel products cement and mining products.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TreasurySharesMarketPrice" xlink:to="sid_TreasurySharesMarketPrice_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TreasurySharesMarketPrice_doc" xml:lang="en-US">Information about treasury shares market price.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TurnoverTableDescription" xlink:to="sid_TurnoverTableDescription_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TurnoverTableDescription_doc" xml:lang="en-US">Represents the information about disability turnover table.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TypeOfFunctionalCurrencyAxis" xlink:to="sid_TypeOfFunctionalCurrencyAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TypeOfFunctionalCurrencyAxis_doc" xml:lang="en-US">The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_USDXEURMember" xlink:to="sid_USDXEURMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_USDXEURMember_doc" xml:lang="en-US">This member stands for usdxeur.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_USIM3Member" xlink:to="sid_USIM3Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_USIM3Member_doc" xml:lang="en-US">This member stands for u s i m3.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_USMember" xlink:to="sid_USMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_USMember_doc" xml:lang="en-US">This member stands for u s.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UnrealizedExchangeDifferencesMember" xlink:to="sid_UnrealizedExchangeDifferencesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_UnrealizedExchangeDifferencesMember_doc" xml:lang="en-US">This member stands for unrealized exchange differences.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UnrecordedDeferredTaxesOnTemporaryDifferencesMember" xlink:to="sid_UnrecordedDeferredTaxesOnTemporaryDifferencesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_UnrecordedDeferredTaxesOnTemporaryDifferencesMember_doc" xml:lang="en-US">This member stands for unrecorded deferred taxes on temporary differences.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UpdatedAmount" xlink:to="sid_UpdatedAmount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_UpdatedAmount_doc" xml:lang="en-US">The amount refers to updated amount.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UpdatedSharesFairValueThroughProfitOrLos" xlink:to="sid_UpdatedSharesFairValueThroughProfitOrLos_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_UpdatedSharesFairValueThroughProfitOrLos_doc" xml:lang="en-US">Represent information about the updated shares fair value through profit or los.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UpdatedSharesFairValueThroughProfitOrLoss" xlink:to="sid_UpdatedSharesFairValueThroughProfitOrLoss_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_UpdatedSharesFairValueThroughProfitOrLoss_doc" xml:lang="en-US">Amount refers to the updated shares &amp;amp;amp;amp;amp;#8211; Fair value through profit or loss.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UpdatedSharesFairValueThroughProfitOrLossOne" xlink:to="sid_UpdatedSharesFairValueThroughProfitOrLossOne_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_UpdatedSharesFairValueThroughProfitOrLossOne_doc" xml:lang="en-US">Amount refers to the updated shares &amp;amp;amp;amp;amp;#8211; Fair Value through profit or loss (VJR)&amp;amp;amp;amp;amp;#160; (Note 12II).</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UsiminasSharesMember" xlink:to="sid_UsiminasSharesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_UsiminasSharesMember_doc" xml:lang="en-US">This member stands for usiminas shares.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VariableIncomeMember" xlink:to="sid_VariableIncomeMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_VariableIncomeMember_doc" xml:lang="en-US">This member stands for variable income.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VariableInterestMember" xlink:to="sid_VariableInterestMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_VariableInterestMember_doc" xml:lang="en-US">This member stands for variable interest.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VariableInterestRateAxis" xlink:to="sid_VariableInterestRateAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_VariableInterestRateAxis_doc" xml:lang="en-US">The axis of a table defines the relationship between the domain members or categories in the table and the line items or concepts that complete the table.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VariationsOfRiskForProbableScenarios" xlink:to="sid_VariationsOfRiskForProbableScenarios_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_VariationsOfRiskForProbableScenarios_doc" xml:lang="en-US">The amount refers to variations of risk for probable scenarios.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VicunhaAcosSAMember" xlink:to="sid_VicunhaAcosSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_VicunhaAcosSAMember_doc" xml:lang="en-US">This member stands for vicunha acos s a.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VicunhaSiderurgiaSAMember" xlink:to="sid_VicunhaSiderurgiaSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_VicunhaSiderurgiaSAMember_doc" xml:lang="en-US">Information by vicunha siderurgia sa.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VicunhaSteelSA1Member" xlink:to="sid_VicunhaSteelSA1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_VicunhaSteelSA1Member_doc" xml:lang="en-US">This member stands for vicunha steel sa.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VicunhaSteelSAMember" xlink:to="sid_VicunhaSteelSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_VicunhaSteelSAMember_doc" xml:lang="en-US">This member stands for vicunha steel sa.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_WeightAverageSharePrice" xlink:to="sid_WeightAverageSharePrice_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_WeightAverageSharePrice_doc" xml:lang="en-US">The amount refers to weight average share price.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_WorkInProgressMember" xlink:to="sid_WorkInProgressMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_WorkInProgressMember_doc" xml:lang="en-US">This member stands for work in progress.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_WriteOffOfPpeAndIntangibleAssets" xlink:to="sid_WriteOffOfPpeAndIntangibleAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_WriteOffOfPpeAndIntangibleAssets_doc" xml:lang="en-US">Amount refers to the write- off of PP&amp;amp;amp;amp;amp;amp;E and intangible assets (note 9).</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_WriteOffRightOfuseAssets" xlink:to="sid_WriteOffRightOfuseAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_WriteOffRightOfuseAssets_doc" xml:lang="en-US">The amount refers to write off right ofuse assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_WriteoffprovisionOfJudicialDeposits" xlink:to="sid_WriteoffprovisionOfJudicialDeposits_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_WriteoffprovisionOfJudicialDeposits_doc" xml:lang="en-US">Amount refers to the write-off/(Provision) of judicial deposits.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProvisionReversalForConsumptionAndServices" xlink:to="sid_ProvisionReversalForConsumptionAndServices_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ProvisionReversalForConsumptionAndServices_doc" xml:lang="en-US">Amount refers to the provision reversal for consumption and services.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentsForProvisionsForActuarialLiabilities" xlink:to="sid_AdjustmentsForProvisionsForActuarialLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdjustmentsForProvisionsForActuarialLiabilities_doc" xml:lang="en-US">Amount refers to the adjustments for provisions for actuarial liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets" xlink:to="sid_AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets_doc" xml:lang="en-US">Amount refers to the adjustments for provisions For Environmental Liabilities and decommissioning of assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UpdatedSharesVJR" xlink:to="sid_UpdatedSharesVJR_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_UpdatedSharesVJR_doc" xml:lang="en-US">Amount refers to the updated shares VJR.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable" xlink:to="sid_AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable_doc" xml:lang="en-US">Amount refers to the adjustments for decrease increase in related party trade account receivable.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TradePayablesDraweeRisk" xlink:to="sid_TradePayablesDraweeRisk_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TradePayablesDraweeRisk_doc" xml:lang="en-US">Amount refers to the trade payables drawee risk.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis" xlink:to="sid_AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis_doc" xml:lang="en-US">Amount refers to the adjustments for increase decrease tn taxes in installments refis.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DerivativeInstrumentCashSettlement" xlink:to="sid_DerivativeInstrumentCashSettlement_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DerivativeInstrumentCashSettlement_doc" xml:lang="en-US">The amount of derivative instrument cash settlement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:to="sid_AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities_doc" xml:lang="en-US">Amount refers to the adjustments for increase decrease in assets and liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashPaymentsForDerivativeTransactions" xlink:to="sid_CashPaymentsForDerivativeTransactions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CashPaymentsForDerivativeTransactions_doc" xml:lang="en-US">Amount refers to the cash payments for derivative transactions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashReceiptsFromDiscontinuedOperations" xlink:to="sid_CashReceiptsFromDiscontinuedOperations_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CashReceiptsFromDiscontinuedOperations_doc" xml:lang="en-US">Amount refers to the cash receipts from discontinued operations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashReceiptsFromAcquisitionOfControl" xlink:to="sid_CashReceiptsFromAcquisitionOfControl_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CashReceiptsFromAcquisitionOfControl_doc" xml:lang="en-US">Amount refers to the cash receipts from acquisition of control.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AmortizationOfLeases" xlink:to="sid_AmortizationOfLeases_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AmortizationOfLeases_doc" xml:lang="en-US">Amount refers to the amortization of leases.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LongtermAssets" xlink:to="sid_LongtermAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LongtermAssets_doc" xml:lang="en-US">The amount of longterm assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LongtermReceivables" xlink:to="sid_LongtermReceivables_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LongtermReceivables_doc" xml:lang="en-US">Amount referas to the longterm receivables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProvisionsForTaxSocialSecurityLaborAndCivilRisks" xlink:to="sid_ProvisionsForTaxSocialSecurityLaborAndCivilRisks_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ProvisionsForTaxSocialSecurityLaborAndCivilRisks_doc" xml:lang="en-US">The amount of non-current provisions other than provisions for employee benefits. [Refer: Non-current provisions]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LossGainOnBusinessCombination" xlink:to="sid_LossGainOnBusinessCombination_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LossGainOnBusinessCombination_doc" xml:lang="en-US">Amount refers to the loss gain on business combination.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes" xlink:to="sid_CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes_doc" xml:lang="en-US">The amount of cash flow hedge accounting platts reclassified to income upon realization net of taxes.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LossgainCashFlowHedgeAccountingPlatts" xlink:to="sid_LossgainCashFlowHedgeAccountingPlatts_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LossgainCashFlowHedgeAccountingPlatts_doc" xml:lang="en-US">The amount of lossgain cash flow hedge accounting platts.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNIslandsVIICorpMember" xlink:to="sid_CSNIslandsVIICorpMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNIslandsVIICorpMember_doc" xml:lang="en-US">Represent information about the CSN Islands VII Corp member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNIslandsXIICorpMember" xlink:to="sid_CSNIslandsXIICorpMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNIslandsXIICorpMember_doc" xml:lang="en-US">Represent information about the CSN Islands XII Corp member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNSteelSLUMember" xlink:to="sid_CSNSteelSLUMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNSteelSLUMember_doc" xml:lang="en-US">Represent information about the c s n steel s l u member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TdBBSAMember" xlink:to="sid_TdBBSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TdBBSAMember_doc" xml:lang="en-US">Represent information about the td b b s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SepetibaTeconSAMember" xlink:to="sid_SepetibaTeconSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SepetibaTeconSAMember_doc" xml:lang="en-US">Represent information about the sepetiba tecon s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CompanhiaFlorestaldoBrasilMember" xlink:to="sid_CompanhiaFlorestaldoBrasilMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CompanhiaFlorestaldoBrasilMember_doc" xml:lang="en-US">Represent information about the companhia florestaldo brasil member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EstanhoDeRondoniaSAMember" xlink:to="sid_EstanhoDeRondoniaSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EstanhoDeRondoniaSAMember_doc" xml:lang="en-US">Represent information about the estanho de rondonia s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CompanhiaMetalurgicaPradaMember" xlink:to="sid_CompanhiaMetalurgicaPradaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CompanhiaMetalurgicaPradaMember_doc" xml:lang="en-US">Represent information about the companhia metalurgica prada member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNEnergiaSAMember" xlink:to="sid_CSNEnergiaSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNEnergiaSAMember_doc" xml:lang="en-US">Represent information about the c s n energia s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FTLFerroviaTransnordestinaLogisticaSAMember" xlink:to="sid_FTLFerroviaTransnordestinaLogisticaSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FTLFerroviaTransnordestinaLogisticaSAMember_doc" xml:lang="en-US">Represent information about the f t l ferrovia transnordestina logistica s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NordesteLogisticaSAMember" xlink:to="sid_NordesteLogisticaSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NordesteLogisticaSAMember_doc" xml:lang="en-US">Represent information about the nordeste logistica s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNInovaLtdMember" xlink:to="sid_CSNInovaLtdMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNInovaLtdMember_doc" xml:lang="en-US">Represent information about the c s n inova ltd member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNEquipamentosSAMember" xlink:to="sid_CSNEquipamentosSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNEquipamentosSAMember_doc" xml:lang="en-US">Represent information about the c s n equipamentos s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember" xlink:to="sid_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember_doc" xml:lang="en-US">Represent information about the c b s i companhia brasileira de servicos de infraestrutura member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNCimentosSAMember" xlink:to="sid_CSNCimentosSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNCimentosSAMember_doc" xml:lang="en-US">Represent information about the c b s i companhia brasileira de servicos de infraestrutura member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LusosiderProjectosSiderurgicosSAMember" xlink:to="sid_LusosiderProjectosSiderurgicosSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LusosiderProjectosSiderurgicosSAMember_doc" xml:lang="en-US">Represent information about the lusosider projectos siderurgicos s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LusosiderAcosPlanosSAMember" xlink:to="sid_LusosiderAcosPlanosSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LusosiderAcosPlanosSAMember_doc" xml:lang="en-US">Represent information about the lusosider acos planos s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNResourcesSAMember" xlink:to="sid_CSNResourcesSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNResourcesSAMember_doc" xml:lang="en-US">Represent information about the c s n resources s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CompanhiaBrasileiraDeLatasMember" xlink:to="sid_CompanhiaBrasileiraDeLatasMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CompanhiaBrasileiraDeLatasMember_doc" xml:lang="en-US">Represent information about the companhia brasileira de latas member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CompanhiaDeEmbalagensMetalicasMMSAMember" xlink:to="sid_CompanhiaDeEmbalagensMetalicasMMSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CompanhiaDeEmbalagensMetalicasMMSAMember_doc" xml:lang="en-US">Represent information about the companhia de embalagens metalicas m m s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CompanhiaDeEmbalagensMetalicasMTMMember" xlink:to="sid_CompanhiaDeEmbalagensMetalicasMTMMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CompanhiaDeEmbalagensMetalicasMTMMember_doc" xml:lang="en-US">Represent information about the companhia de embalagens metalicas m t m member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNSteelHoldings1SLUMember" xlink:to="sid_CSNSteelHoldings1SLUMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNSteelHoldings1SLUMember_doc" xml:lang="en-US">Represent information about the c s n steel holdings1 s l u member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNProductosSiderurgicosSLMember" xlink:to="sid_CSNProductosSiderurgicosSLMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNProductosSiderurgicosSLMember_doc" xml:lang="en-US">Represent information about the c s n productos siderurgicos s l member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_StalhwerkThuringenGmbHMember" xlink:to="sid_StalhwerkThuringenGmbHMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_StalhwerkThuringenGmbHMember_doc" xml:lang="en-US">Represent information about the stalhwerk thuringen gmb h member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNSteelSectionsUKLimitedMember" xlink:to="sid_CSNSteelSectionsUKLimitedMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNSteelSectionsUKLimitedMember_doc" xml:lang="en-US">Represent information about the c s n steel sections u k limited member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNSteelSectionsPolskaSpZooMember" xlink:to="sid_CSNSteelSectionsPolskaSpZooMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNSteelSectionsPolskaSpZooMember_doc" xml:lang="en-US">Represent information about the c s n steel sections polska sp zoo member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNMiningHoldingSLMember" xlink:to="sid_CSNMiningHoldingSLMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNMiningHoldingSLMember_doc" xml:lang="en-US">Represent information about the c s n mining holding s l member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNMiningGmbHMember" xlink:to="sid_CSNMiningGmbHMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNMiningGmbHMember_doc" xml:lang="en-US">Represent information about the c s n mining gmb h member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNMiningAsiaLimitedMember" xlink:to="sid_CSNMiningAsiaLimitedMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNMiningAsiaLimitedMember_doc" xml:lang="en-US">Represent information about the c s n mining asia limited member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LusosiderIbericaSAMember" xlink:to="sid_LusosiderIbericaSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LusosiderIbericaSAMember_doc" xml:lang="en-US">Represent information about the lusosider iberica s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSMiningPortugalUnipessoalLdaMember" xlink:to="sid_CSMiningPortugalUnipessoalLdaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSMiningPortugalUnipessoalLdaMember_doc" xml:lang="en-US">Represent information about the c s mining portugal unipessoal lda member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CompanhiaSiderurgicaNacionalLLCMember" xlink:to="sid_CompanhiaSiderurgicaNacionalLLCMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CompanhiaSiderurgicaNacionalLLCMember_doc" xml:lang="en-US">Represent information about the companhia siderurgica nacional l l c member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSNCimentosSA1Member" xlink:to="sid_CSNCimentosSA1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSNCimentosSA1Member_doc" xml:lang="en-US">Represent information about the c s n cimentos s a1 member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ItaEnergeticaSAMember" xlink:to="sid_ItaEnergeticaSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ItaEnergeticaSAMember_doc" xml:lang="en-US">Represent information about the ita energetica s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember" xlink:to="sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember_doc" xml:lang="en-US">Represent information about the consorcio da usina hidreletrica de igarapava member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MRSLogisticaSAMember" xlink:to="sid_MRSLogisticaSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MRSLogisticaSAMember_doc" xml:lang="en-US">Represent information about the m r s logistica s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AcerosDelOrinocoSAMember" xlink:to="sid_AcerosDelOrinocoSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AcerosDelOrinocoSAMember_doc" xml:lang="en-US">Represent information about the aceros del orinoco s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EquimacSAMember" xlink:to="sid_EquimacSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EquimacSAMember_doc" xml:lang="en-US">Represent information about the equimac s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ArvediMetalferDoBrasilSAMember" xlink:to="sid_ArvediMetalferDoBrasilSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ArvediMetalferDoBrasilSAMember_doc" xml:lang="en-US">Represent information about the arvedi metalfer do brasil s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember" xlink:to="sid_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember_doc" xml:lang="en-US">Represent information about the diplic i i fundo de investimento multimercado credito privado member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember" xlink:to="sid_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember_doc" xml:lang="en-US">Represent information about the caixa vertice fundo de investimento multimercado credito privado member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember" xlink:to="sid_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember_doc" xml:lang="en-US">Represent information about the v r1 fundo de investimento multimercado credito privado member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MRSLogisticaSA1Member" xlink:to="sid_MRSLogisticaSA1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MRSLogisticaSA1Member_doc" xml:lang="en-US">Represent information about the m r s logistica s a1 member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EquityInterestInExclusiveFundsPercentage" xlink:to="sid_EquityInterestInExclusiveFundsPercentage_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EquityInterestInExclusiveFundsPercentage_doc" xml:lang="en-US">Represent information about the equity interest in exclusive funds percentage.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FairValueMRSLogisticaSAMember" xlink:to="sid_FairValueMRSLogisticaSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FairValueMRSLogisticaSAMember_doc" xml:lang="en-US">Represent information about the fair value m r s logistica s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember" xlink:to="sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember_doc" xml:lang="en-US">Represent information about the c s b i companhia brasileira de servicos de infraestrutura member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FairValueTransnordestinaMember" xlink:to="sid_FairValueTransnordestinaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FairValueTransnordestinaMember_doc" xml:lang="en-US">Represent information about the fair value transnordestina member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_JointVentureAndJointOperationMember" xlink:to="sid_JointVentureAndJointOperationMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_JointVentureAndJointOperationMember_doc" xml:lang="en-US">Represent information about the joint venture and joint operation member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PanatlanticaMember" xlink:to="sid_PanatlanticaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PanatlanticaMember_doc" xml:lang="en-US">Represent information about the panatlantica member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ClassifiedAtFairValueThroughProfitOrLossMember" xlink:to="sid_ClassifiedAtFairValueThroughProfitOrLossMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ClassifiedAtFairValueThroughProfitOrLossMember_doc" xml:lang="en-US">Represent information about the classified at fair value through profit or loss member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EliminationsMember" xlink:to="sid_EliminationsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EliminationsMember_doc" xml:lang="en-US">Represent information about the eliminations member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherInvestmentMember" xlink:to="sid_OtherInvestmentMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherInvestmentMember_doc" xml:lang="en-US">Represent information about the other investment member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalOtherInvestmentMember" xlink:to="sid_TotalOtherInvestmentMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TotalOtherInvestmentMember_doc" xml:lang="en-US">Represent information about the total other investment member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalInvestmentsInAffillatedCompaniesMember" xlink:to="sid_TotalInvestmentsInAffillatedCompaniesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TotalInvestmentsInAffillatedCompaniesMember_doc" xml:lang="en-US">Represent information about the total investments in affillated companies member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalEquityInResultsOfaffillatedCompaniesMember" xlink:to="sid_TotalEquityInResultsOfaffillatedCompaniesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TotalEquityInResultsOfaffillatedCompaniesMember_doc" xml:lang="en-US">Represent information about the total equity in results ofaffillated companies member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InvestmentsPropertiesMember" xlink:to="sid_InvestmentsPropertiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_InvestmentsPropertiesMember_doc" xml:lang="en-US">Represent information about the investments properties member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalInvestmentsMember" xlink:to="sid_TotalInvestmentsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TotalInvestmentsMember_doc" xml:lang="en-US">Represent information about the investments properties member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CapitalIncreaseacquisitionOfShares" xlink:to="sid_CapitalIncreaseacquisitionOfShares_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CapitalIncreaseacquisitionOfShares_doc" xml:lang="en-US">Represent information about the capital increaseacquisition of shares.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DividendsInInvestment" xlink:to="sid_DividendsInInvestment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DividendsInInvestment_doc" xml:lang="en-US">Represent information about the dividends in investment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii" xlink:to="sid_UpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_UpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii_doc" xml:lang="en-US">Represent information about the update of shares measured at fair value through profit or loss note14 ii.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ReclassificationOfUsiminasShares" xlink:to="sid_ReclassificationOfUsiminasShares_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ReclassificationOfUsiminasShares_doc" xml:lang="en-US">Represent information about the reclassification of usiminas shares.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConsolidationOfCbsi" xlink:to="sid_ConsolidationOfCbsi_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ConsolidationOfCbsi_doc" xml:lang="en-US">Represent information about the consolidation of cbsi.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AmortizationOfFairValueInvestmentMrs" xlink:to="sid_AmortizationOfFairValueInvestmentMrs_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AmortizationOfFairValueInvestmentMrs_doc" xml:lang="en-US">Represent information about the amortization of fair value investment mrs.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersInvestments" xlink:to="sid_OthersInvestments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OthersInvestments_doc" xml:lang="en-US">Represent information about the others investments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EliminationsToCostOfSales" xlink:to="sid_EliminationsToCostOfSales_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EliminationsToCostOfSales_doc" xml:lang="en-US">Represent information about the eliminations to cost of sales.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EliminationsToTaxes" xlink:to="sid_EliminationsToTaxes_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EliminationsToTaxes_doc" xml:lang="en-US">Represent information about the eliminations to taxes.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AmortizatedAtFairValueInvestmentInMrs" xlink:to="sid_AmortizatedAtFairValueInvestmentInMrs_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AmortizatedAtFairValueInvestmentInMrs_doc" xml:lang="en-US">Represent information about the amortizated at fair value investment in mrs.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EquityInResults" xlink:to="sid_EquityInResults_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_EquityInResults_doc" xml:lang="en-US">Represent information about the equity in results.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ItaEnergeticaMember" xlink:to="sid_ItaEnergeticaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ItaEnergeticaMember_doc" xml:lang="en-US">Represent information about the ita energetica member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CBSIMember" xlink:to="sid_CBSIMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CBSIMember_doc" xml:lang="en-US">Represent information about the c b s i member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InvestmentsPpeAndIntangibleAssets" xlink:to="sid_InvestmentsPpeAndIntangibleAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_InvestmentsPpeAndIntangibleAssets_doc" xml:lang="en-US">The amount of investments ppe and intangible assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CurrentAndDeferredIncomeTaxAndSocialContribution" xlink:to="sid_CurrentAndDeferredIncomeTaxAndSocialContribution_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CurrentAndDeferredIncomeTaxAndSocialContribution_doc" xml:lang="en-US">The amount of current and deferred income tax and social contribution.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CostInInvestmentProperties" xlink:to="sid_CostInInvestmentProperties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CostInInvestmentProperties_doc" xml:lang="en-US">The amount of cost in investment properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AccumulatedDepreciation" xlink:to="sid_AccumulatedDepreciation_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AccumulatedDepreciation_doc" xml:lang="en-US">The amount of accumulated depreciation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_WriteoffOfInvestmentProperties" xlink:to="sid_WriteoffOfInvestmentProperties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_WriteoffOfInvestmentProperties_doc" xml:lang="en-US">The amount of writeoff of investment properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MeasurementOfRecoverableValueAxis" xlink:to="sid_MeasurementOfRecoverableValueAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MeasurementOfRecoverableValueAxis_doc" xml:lang="en-US">Represent information about the measurement of recoverable value axis.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowProjectionOneMember" xlink:to="sid_CashFlowProjectionOneMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CashFlowProjectionOneMember_doc" xml:lang="en-US">Represent information about the cash flow projection one member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowProjectionTwoMember" xlink:to="sid_CashFlowProjectionTwoMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CashFlowProjectionTwoMember_doc" xml:lang="en-US">Represent information about the cash flow projection two member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowProjectionThreeMember" xlink:to="sid_CashFlowProjectionThreeMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CashFlowProjectionThreeMember_doc" xml:lang="en-US">Represent information about the cash flow projection three member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowProjectiFourMember" xlink:to="sid_CashFlowProjectiFourMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CashFlowProjectiFourMember_doc" xml:lang="en-US">Represent information about the cash flow projecti four member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowProjection" xlink:to="sid_CashFlowProjection_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CashFlowProjection_doc" xml:lang="en-US">The amount of cash flow projection.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MeasurementOfRecoverableValueBy2057" xlink:to="sid_MeasurementOfRecoverableValueBy2057_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MeasurementOfRecoverableValueBy2057_doc" xml:lang="en-US">Represent information about the measurement of recoverable value by2057.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PaidInCapitalMember" xlink:to="sid_PaidInCapitalMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PaidInCapitalMember_doc" xml:lang="en-US">Represent information about the paid in capital member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AjustedOpeningBalancesEquity" xlink:to="sid_AjustedOpeningBalancesEquity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AjustedOpeningBalancesEquity_doc" xml:lang="en-US">Amount refers to the ajusted opening balances equity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProposedCapitalIncrease" xlink:to="sid_ProposedCapitalIncrease_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ProposedCapitalIncrease_doc" xml:lang="en-US">The amount of proposed capital increase.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProfitOnDisposalOfShares" xlink:to="sid_ProfitOnDisposalOfShares_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ProfitOnDisposalOfShares_doc" xml:lang="en-US">Information about profit on disposal of shares.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ComprehensiveIncomeLoss" xlink:to="sid_ComprehensiveIncomeLoss_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ComprehensiveIncomeLoss_doc" xml:lang="en-US">The amount refers to comprehensive income loss.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherComprehensiveIncomeLoss" xlink:to="sid_OtherComprehensiveIncomeLoss_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherComprehensiveIncomeLoss_doc" xml:lang="en-US">The amount refers to other comprehensive income loss.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialGainsLossesNetDefinedBenefitLiabilityAsset" xlink:to="sid_ActuarialGainsLossesNetDefinedBenefitLiabilityAsset_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ActuarialGainsLossesNetDefinedBenefitLiabilityAsset_doc" xml:lang="en-US">The amount refers to actuarial gains losses net defined benefit liability asset.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1" xlink:to="sid_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1_doc" xml:lang="en-US">The gains (losses) recognised in other comprehensive income on change in value of time value of options, net of tax.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GainLossOnBusinessCombination" xlink:to="sid_GainLossOnBusinessCombination_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_GainLossOnBusinessCombination_doc" xml:lang="en-US">The amount refers to gain loss on business combination.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InternalChangesInShareholdersEquity" xlink:to="sid_InternalChangesInShareholdersEquity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_InternalChangesInShareholdersEquity_doc" xml:lang="en-US">The amount of internal changes in shareholders equity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves" xlink:to="sid_IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves_doc" xml:lang="en-US">The amount refers to increase decrease through transfer to miscellaneous other reserves.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NoncontrollingInterestsInSubsidiaries" xlink:to="sid_NoncontrollingInterestsInSubsidiaries_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NoncontrollingInterestsInSubsidiaries_doc" xml:lang="en-US">The amount refers to noncontrolling interests in subsidiaries.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LegalEntityOneAxis" xlink:to="sid_LegalEntityOneAxis_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LegalEntityOneAxis_doc" xml:lang="en-US">Represent information about the legal entity one axis.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MRSMember" xlink:to="sid_MRSMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MRSMember_doc" xml:lang="en-US">Represent information about the m r s member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember" xlink:to="sid_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember_doc" xml:lang="en-US">Represent information about the m r s member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ENGIEBrasilEnergiaSAMember" xlink:to="sid_ENGIEBrasilEnergiaSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ENGIEBrasilEnergiaSAMember_doc" xml:lang="en-US">Represent information about the e n g i e brasil energia s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ClassBPreferredSharesMember" xlink:to="sid_ClassBPreferredSharesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ClassBPreferredSharesMember_doc" xml:lang="en-US">Represent information about the class b preferred shares member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PANATLANTICASAMember" xlink:to="sid_PANATLANTICASAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PANATLANTICASAMember_doc" xml:lang="en-US">Represent information about the p a n a t l a n t i c a s a member.</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_USINASSIDERURGICASDEMINASGERAISSAMember" xlink:label="sid_USINASSIDERURGICASDEMINASGERAISSAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_USINASSIDERURGICASDEMINASGERAISSAMember" xlink:to="sid_USINASSIDERURGICASDEMINASGERAISSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_USINASSIDERURGICASDEMINASGERAISSAMember_doc" xml:lang="en-US">Represent information about the u s i n a s s i d e r u r g i c a s d e m i n a s g e r a i s s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CommonSharesMember" xlink:to="sid_CommonSharesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CommonSharesMember_doc" xml:lang="en-US">Represent information about the common shares member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PreferredSharesMember" xlink:to="sid_PreferredSharesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PreferredSharesMember_doc" xml:lang="en-US">Represent information about the preferred shares member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfInterest" xlink:to="sid_PercentageOfInterest_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PercentageOfInterest_doc" xml:lang="en-US">Represent information about the percentage of interest.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfStakes" xlink:to="sid_PercentageOfStakes_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PercentageOfStakes_doc" xml:lang="en-US">Represent information about the percentage of stakes.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AcquisitionSharesAmount" xlink:to="sid_AcquisitionSharesAmount_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AcquisitionSharesAmount_doc" xml:lang="en-US">The amount of acquisition shares amount.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConcessionTerm" xlink:to="sid_ConcessionTerm_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ConcessionTerm_doc" xml:lang="en-US">Represent information about the concession term.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfHoldingInOtherEntity" xlink:to="sid_DescriptionOfHoldingInOtherEntity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DescriptionOfHoldingInOtherEntity_doc" xml:lang="en-US">Represent information about the description of holding in other entity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherExpense" xlink:to="sid_OtherExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherExpense_doc" xml:lang="en-US">The amount of other expense.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NumberOfSharesTransfer" xlink:to="sid_NumberOfSharesTransfer_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NumberOfSharesTransfer_doc" xml:lang="en-US">Represent information about the number of shares transfer.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NumberOfSharesTransferOne" xlink:to="sid_NumberOfSharesTransferOne_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NumberOfSharesTransferOne_doc" xml:lang="en-US">Represent information about the number of shares transfer one.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfVotingCapital" xlink:to="sid_PercentageOfVotingCapital_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PercentageOfVotingCapital_doc" xml:lang="en-US">Represent information about the percentage of voting capital.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FairValueOfInvestmentProperties" xlink:to="sid_FairValueOfInvestmentProperties_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FairValueOfInvestmentProperties_doc" xml:lang="en-US">The amount of fair value of investment properties.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DefinedBenefitPlanMember" xlink:to="sid_DefinedBenefitPlanMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DefinedBenefitPlanMember_doc" xml:lang="en-US">This member stands for defined benefit plan.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NumberOfSharesHeld" xlink:to="sid_NumberOfSharesHeld_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NumberOfSharesHeld_doc" xml:lang="en-US">Represents the number of common shares held.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PlanAssetsValue" xlink:to="sid_PlanAssetsValue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PlanAssetsValue_doc" xml:lang="en-US">The amount refers to plan assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ParticipantsSalaryTerm" xlink:to="sid_ParticipantsSalaryTerm_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ParticipantsSalaryTerm_doc" xml:lang="en-US">The amount refers to participants salary term.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfBenefitReceivingInCash" xlink:to="sid_PercentageOfBenefitReceivingInCash_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PercentageOfBenefitReceivingInCash_doc" xml:lang="en-US">Represents the information about percentage of benefit receiving in cash.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PensionPlanExpense" xlink:to="sid_PensionPlanExpense_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PensionPlanExpense_doc" xml:lang="en-US">The amount refers to pension plan expense.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfPensionFundMarket" xlink:to="sid_DescriptionOfPensionFundMarket_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DescriptionOfPensionFundMarket_doc" xml:lang="en-US">Represent information about the description of pension fund market.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfInvestmentPolicy" xlink:to="sid_DescriptionOfInvestmentPolicy_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DescriptionOfInvestmentPolicy_doc" xml:lang="en-US">Represent information about the description of investment policy.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FtlFerroviaTransnordestionaLogisticAsaMember" xlink:to="sid_FtlFerroviaTransnordestionaLogisticAsaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FtlFerroviaTransnordestionaLogisticAsaMember_doc" xml:lang="en-US">Represent information about the ftl ferrovia transnordestiona logistic asa member.</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsorcioDaUsinHidreletricaDeIgarapavaMember" xlink:label="sid_ConsorcioDaUsinHidreletricaDeIgarapavaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConsorcioDaUsinHidreletricaDeIgarapavaMember" xlink:to="sid_ConsorcioDaUsinHidreletricaDeIgarapavaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ConsorcioDaUsinHidreletricaDeIgarapavaMember_doc" xml:lang="en-US">Represent information about the consorcio da usin hidreletrica de igarapava member.</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsorcioDaUsinaHidreletricaDeIgarapavaaMember" xlink:label="sid_ConsorcioDaUsinaHidreletricaDeIgarapavaaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConsorcioDaUsinaHidreletricaDeIgarapavaaMember" xlink:to="sid_ConsorcioDaUsinaHidreletricaDeIgarapavaaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ConsorcioDaUsinaHidreletricaDeIgarapavaaMember_doc" xml:lang="en-US">Represent information about the consorcio da usina hidreletrica de igarapavaa member.</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UsinaSsiderurgicasDeMinaGeraissaMember" xlink:label="sid_UsinaSsiderurgicasDeMinaGeraissaMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UsinaSsiderurgicasDeMinaGeraissaMember" xlink:to="sid_UsinaSsiderurgicasDeMinaGeraissaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_UsinaSsiderurgicasDeMinaGeraissaMember_doc" xml:lang="en-US">Represent information about the usina ssiderurgicas de mina geraissa member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TransLogisticaSAMember" xlink:to="sid_TransLogisticaSAMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TransLogisticaSAMember_doc" xml:lang="en-US">Represent information about the trans logistica s a member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfDescriptionOfBusinessExplanatory" xlink:to="sid_DisclosureOfDescriptionOfBusinessExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DisclosureOfDescriptionOfBusinessExplanatory_doc" xml:lang="en-US">Represents disclosure of description of business explanatory.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfImpactsOfCovid19Explanatory" xlink:to="sid_DisclosureOfImpactsOfCovid19Explanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DisclosureOfImpactsOfCovid19Explanatory_doc" xml:lang="en-US">The entire disclosure for impacts of COVID-19.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfFinancialInvestmentsExplanatory" xlink:to="sid_DisclosureOfFinancialInvestmentsExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DisclosureOfFinancialInvestmentsExplanatory_doc" xml:lang="en-US">The entire disclosure for a financial investments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfRecoverableTaxesExplanatory" xlink:to="sid_DisclosureOfRecoverableTaxesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DisclosureOfRecoverableTaxesExplanatory_doc" xml:lang="en-US">The entire disclosure for a recoverable taxes.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfTradePayablesExplanatory" xlink:to="sid_DisclosureOfTradePayablesExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DisclosureOfTradePayablesExplanatory_doc" xml:lang="en-US">The entire disclosure for trade payables.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfIncomeTaxAndSocialContributionExplanatory" xlink:to="sid_DisclosureOfIncomeTaxAndSocialContributionExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DisclosureOfIncomeTaxAndSocialContributionExplanatory_doc" xml:lang="en-US">Disclosure of income tax and social contribution explanatory.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfTaxesInInstallmentsExplanatory" xlink:to="sid_DisclosureOfTaxesInInstallmentsExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DisclosureOfTaxesInInstallmentsExplanatory_doc" xml:lang="en-US">The entire disclosure for a taxes in installments.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationsExplanatory" xlink:to="sid_DisclosureOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationsExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DisclosureOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationsExplanatory_doc" xml:lang="en-US">The entire disclosure for a provision for environmental liabilities and asset retirement obligations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfShareholdersCompensationExplanatory" xlink:to="sid_DisclosureOfShareholdersCompensationExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DisclosureOfShareholdersCompensationExplanatory_doc" xml:lang="en-US">The entire disclosure for shareholders compensation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DescriptionOfAccountingPolicyForExplanatoryNotesForBasisOfPresentationExplanatory" xlink:to="sid_DescriptionOfAccountingPolicyForExplanatoryNotesForBasisOfPresentationExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DescriptionOfAccountingPolicyForExplanatoryNotesForBasisOfPresentationExplanatory_doc" xml:lang="en-US">The description of the entity's accounting policy for explanatory notes for basis of presentation.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfCorporateStaff" xlink:to="sid_PercentageOfCorporateStaff_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PercentageOfCorporateStaff_doc" xml:lang="en-US">Represent information about the percentage of corporate staff.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfCashAndCashEquivalentsTableTextBlock" xlink:to="sid_SummaryOfCashAndCashEquivalentsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfCashAndCashEquivalentsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of cash and cash equivalents .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DetailInformationOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:to="sid_DetailInformationOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DetailInformationOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory_doc" xml:lang="en-US">The amount refers to detail information of investments other than investments accounted for using equity method explanatory.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfTradeReceivablesTableTextBlock" xlink:to="sid_SummaryOfTradeReceivablesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfTradeReceivablesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of trade receivables .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfGrossTradeReceivablesFromThirdPartiesTableTextBlock" xlink:to="sid_SummaryOfGrossTradeReceivablesFromThirdPartiesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfGrossTradeReceivablesFromThirdPartiesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of gross trade receivables from third parties .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfChangesInAllowanceForDoubtfulDebtsTableTextBlock" xlink:to="sid_SummaryOfChangesInAllowanceForDoubtfulDebtsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfChangesInAllowanceForDoubtfulDebtsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of changes in allowance for doubtful debts .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfInventoryTableTextBlock" xlink:to="sid_SummaryOfInventoryTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfInventoryTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of inventory.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfChangesInProvisionForInventoryLossesTableTextBlock" xlink:to="sid_SummaryOfChangesInProvisionForInventoryLossesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfChangesInProvisionForInventoryLossesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of changes in provision for inventory losses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfRecoverableTaxesTableTextBlock" xlink:to="sid_SummaryOfRecoverableTaxesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfRecoverableTaxesTableTextBlock_doc" xml:lang="en-US">Represent information about the summary of recoverable taxes table text block.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfOtherCurrentAndNoncurrentAssetsTableTextBlock" xlink:to="sid_SummaryOfOtherCurrentAndNoncurrentAssetsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfOtherCurrentAndNoncurrentAssetsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of other current and noncurrent assets .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfDirectAndIndirectSubsidiariesJointVenturesAndJointOperationsTableTextBlock" xlink:to="sid_SummaryOfDirectAndIndirectSubsidiariesJointVenturesAndJointOperationsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfDirectAndIndirectSubsidiariesJointVenturesAndJointOperationsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of direct and indirect subsidiaries, joint ventures and joint operations.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfDirectEquityInterestsInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock" xlink:to="sid_SummaryOfDirectEquityInterestsInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfDirectEquityInterestsInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of direct equity interests in subsidiaries joint ventures joint operations associates and other investments .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfChangesOfInvestmentsBalancesInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock" xlink:to="sid_SummaryOfChangesOfInvestmentsBalancesInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfChangesOfInvestmentsBalancesInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of changes of investments balances in subsidiaries joint ventures joint operations associates and other investments .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfEquityInResultsTableTextBlock" xlink:to="sid_SummaryOfEquityInResultsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfEquityInResultsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of equity in results .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfJointVenturesAndJointOperationsFinancialInformationTableTextBlock" xlink:to="sid_SummaryOfJointVenturesAndJointOperationsFinancialInformationTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfJointVenturesAndJointOperationsFinancialInformationTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of joint ventures and joint operations financial information .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfMeasurementOfRecoverableValueTableTextBlock" xlink:to="sid_ScheduleOfMeasurementOfRecoverableValueTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfMeasurementOfRecoverableValueTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of measurement of recoverable value .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfInvestmentPropertiesTableTextBlock" xlink:to="sid_SummaryOfInvestmentPropertiesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfInvestmentPropertiesTableTextBlock_doc" xml:lang="en-US">Represent information about the summary of investment properties table text block.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfAverageEstimatedUsefulLivesTableTextBlock" xlink:to="sid_ScheduleOfAverageEstimatedUsefulLivesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfAverageEstimatedUsefulLivesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of average estimated useful lives.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfPropertyPlantAndEquipmentTableTextBlock" xlink:to="sid_SummaryOfPropertyPlantAndEquipmentTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfPropertyPlantAndEquipmentTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of property plant and equipment .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfRightsOfUseTableTextBlock" xlink:to="sid_ScheduleOfRightsOfUseTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfRightsOfUseTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the schedule of rights of use .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfEstimatedUsefulLivesTableTextBlock" xlink:to="sid_SummaryOfEstimatedUsefulLivesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfEstimatedUsefulLivesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of estimated useful lives .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfIntangibleAssetsTableTextBlock" xlink:to="sid_SummaryOfIntangibleAssetsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfIntangibleAssetsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of intangible assets .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock" xlink:to="sid_SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of estimated useful lives of intangible assets .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfCashGeneratingUnitsTableTextBlock" xlink:to="sid_SummaryOfCashGeneratingUnitsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfCashGeneratingUnitsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of cash generating units .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfAssumptionsForIntangibleAssetImpairmentTestTableTextBlock" xlink:to="sid_SummaryOfAssumptionsForIntangibleAssetImpairmentTestTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfAssumptionsForIntangibleAssetImpairmentTestTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of assumptions for intangible asset impairment test .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfBorrowingsFinancingAndDebenturesTableTextBlock" xlink:to="sid_SummaryOfBorrowingsFinancingAndDebenturesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfBorrowingsFinancingAndDebenturesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of borrowings financing and debentures .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfAverageInterestRateOnBorrowingsTableTextBlock" xlink:to="sid_SummaryOfAverageInterestRateOnBorrowingsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfAverageInterestRateOnBorrowingsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of average interest rate on borrowings .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfMaturitiesOfBorrowingsFinancingAndDebenturesTableTextBlock" xlink:to="sid_SummaryOfMaturitiesOfBorrowingsFinancingAndDebenturesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfMaturitiesOfBorrowingsFinancingAndDebenturesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of maturities of borrowings financing and debentures .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfNewFundingTransactionsAndAmortizationTableTextBlock" xlink:to="sid_SummaryOfNewFundingTransactionsAndAmortizationTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfNewFundingTransactionsAndAmortizationTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of new funding transactions and amortization .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfGroupCapturesAndAmortizedLoansTableTextBlock" xlink:to="sid_SummaryOfGroupCapturesAndAmortizedLoansTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfGroupCapturesAndAmortizedLoansTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of group captures and amortized loans .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfFinancialInstrumentsTableTextBlock" xlink:to="sid_SummaryOfFinancialInstrumentsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfFinancialInstrumentsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of financial instruments .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfFinancialInstrumentsAtFairValueThroughProfitOrLossTableTextBlock" xlink:to="sid_SummaryOfFinancialInstrumentsAtFairValueThroughProfitOrLossTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfFinancialInstrumentsAtFairValueThroughProfitOrLossTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of financial instruments at fair value through profit or loss .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfOtherOperatingIncomeAndExpensesTableTextBlock" xlink:to="sid_ScheduleOfOtherOperatingIncomeAndExpensesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfOtherOperatingIncomeAndExpensesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the schedule of other operating income and expenses .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfForeignExchangeExposureTableTextBlock" xlink:to="sid_SummaryOfForeignExchangeExposureTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfForeignExchangeExposureTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of foreign exchange exposure .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfCurrenciesUsedInSensitivityAnalysisTableTextBlock" xlink:to="sid_SummaryOfCurrenciesUsedInSensitivityAnalysisTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfCurrenciesUsedInSensitivityAnalysisTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of currencies used in sensitivity analysis .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfSensitivityAnalysisEffectsOnIncomeStatementTableTextBlock" xlink:to="sid_SummaryOfSensitivityAnalysisEffectsOnIncomeStatementTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfSensitivityAnalysisEffectsOnIncomeStatementTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of sensitivity analysis effects on income statement .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfSensitivityAnalysisEffectsOnClassOfSharesTableTextBlock" xlink:to="sid_ScheduleOfSensitivityAnalysisEffectsOnClassOfSharesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfSensitivityAnalysisEffectsOnClassOfSharesTableTextBlock_doc" xml:lang="en-US">Represent information about the schedule of sensitivity analysis effects on class of shares table text block.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfSensitivityAnalysisOfInterestRateSwapsTableTextBlock" xlink:to="sid_SummaryOfSensitivityAnalysisOfInterestRateSwapsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfSensitivityAnalysisOfInterestRateSwapsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of sensitivity analysis of interest rate swaps .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfDollarEuroSwapTableTextBlock" xlink:to="sid_SummaryOfDollarEuroSwapTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfDollarEuroSwapTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of dollar euro swap .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfHedgingInstrumentsTableTextBlock" xlink:to="sid_SummaryOfHedgingInstrumentsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfHedgingInstrumentsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of hedging instruments .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfChangesInHedgeAccountingTableTextBlock" xlink:to="sid_SummaryOfChangesInHedgeAccountingTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfChangesInHedgeAccountingTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of changes in hedge accounting .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfReclassifiedToOtherOperatingIncomeAndExpensesTableTextBlock" xlink:to="sid_ScheduleOfReclassifiedToOtherOperatingIncomeAndExpensesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfReclassifiedToOtherOperatingIncomeAndExpensesTableTextBlock_doc" xml:lang="en-US">Represent information about the schedule of reclassified to other operating income and expenses table text block.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfChangesInHedgeAccountingPlattsTableTextBlock" xlink:to="sid_ScheduleOfChangesInHedgeAccountingPlattsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfChangesInHedgeAccountingPlattsTableTextBlock_doc" xml:lang="en-US">Represent information about the schedule of changes in hedge accounting platts table text block.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfNonDerivativeFinancialLiabilitiesTableTextBlock" xlink:to="sid_SummaryOfNonDerivativeFinancialLiabilitiesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfNonDerivativeFinancialLiabilitiesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of non derivative financial liabilities .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfChangesInNetInvestmentHedgeTableTextBlock" xlink:to="sid_SummaryOfChangesInNetInvestmentHedgeTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfChangesInNetInvestmentHedgeTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of changes in net investment hedge .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfContractualMaturitiesOfFinancialLiabilitiesTableTextBlock" xlink:to="sid_SummaryOfContractualMaturitiesOfFinancialLiabilitiesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfContractualMaturitiesOfFinancialLiabilitiesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of contractual maturities of financial liabilities .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfFairValuesOfAssetsAndLiabilitiesTableTextBlock" xlink:to="sid_ScheduleOfFairValuesOfAssetsAndLiabilitiesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfFairValuesOfAssetsAndLiabilitiesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the schedule of fair values of assets and liabilities .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfCapitalManagementTableTextBlock" xlink:to="sid_ScheduleOfCapitalManagementTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfCapitalManagementTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the schedule of capital management .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfOtherPayablesTableTextBlock" xlink:to="sid_SummaryOfOtherPayablesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfOtherPayablesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of other payables .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfLeaseLiabilitiesTableTextBlock" xlink:to="sid_ScheduleOfLeaseLiabilitiesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfLeaseLiabilitiesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the schedule of lease liabilities .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfOperatingLeaseCommitments" xlink:to="sid_ScheduleOfOperatingLeaseCommitments_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfOperatingLeaseCommitments_doc" xml:lang="en-US">Schedule disclosing information related to the schedule of operating lease commitments .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfAverageRatesUsedMeasureLeaseTableTextBlock" xlink:to="sid_ScheduleOfAverageRatesUsedMeasureLeaseTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfAverageRatesUsedMeasureLeaseTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the schedule of average rates used measure lease .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfChangesInLeaseLiabilitiesTableTextBlock" xlink:to="sid_ScheduleOfChangesInLeaseLiabilitiesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfChangesInLeaseLiabilitiesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the schedule of changes in lease liabilities .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfMinimumFuturePaymentsTableTextBlock" xlink:to="sid_ScheduleOfMinimumFuturePaymentsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfMinimumFuturePaymentsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the schedule of minimum future payments .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfPisAndCofinsRecoverableTableTextBlock" xlink:to="sid_ScheduleOfPisAndCofinsRecoverableTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfPisAndCofinsRecoverableTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the schedule of pis and cofins recoverable .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfExpensesRelatedToPaymentsTableTextBlock" xlink:to="sid_ScheduleOfExpensesRelatedToPaymentsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfExpensesRelatedToPaymentsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the schedule of expenses related to payments .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfLeaseLiabilities" xlink:to="sid_ScheduleOfLeaseLiabilities_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfLeaseLiabilities_doc" xml:lang="en-US">Represent information about the schedule of lease liabilities.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfMovementOfLeaseLiabilitiesTableTextBlock" xlink:to="sid_ScheduleOfMovementOfLeaseLiabilitiesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfMovementOfLeaseLiabilitiesTableTextBlock_doc" xml:lang="en-US">Represent information about the schedule of movement of lease liabilities table text block.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfEstimatedFutureMinimumPaymentsForLeaseAgreementsTableTextBlock" xlink:to="sid_ScheduleOfEstimatedFutureMinimumPaymentsForLeaseAgreementsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfEstimatedFutureMinimumPaymentsForLeaseAgreementsTableTextBlock_doc" xml:lang="en-US">Represent information about the schedule of estimated future minimum payments for lease agreements table text block.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RecoverablePisCofinsTableTextBlock" xlink:to="sid_RecoverablePisCofinsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RecoverablePisCofinsTableTextBlock_doc" xml:lang="en-US">Represent information about the recoverable pis cofins table text block.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfMeasurementOfLeaseLiabilityTableTextBlock" xlink:to="sid_ScheduleOfMeasurementOfLeaseLiabilityTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfMeasurementOfLeaseLiabilityTableTextBlock_doc" xml:lang="en-US">Represent information about the schedule of measurement of lease liability table text block.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfComparativeBalancesOfLeaseLiabilitiesTableTextBlock" xlink:to="sid_ScheduleOfComparativeBalancesOfLeaseLiabilitiesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfComparativeBalancesOfLeaseLiabilitiesTableTextBlock_doc" xml:lang="en-US">Represent information about the schedule of comparative balances of lease liabilities table text block.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfTradePayablesTableTextBlock" xlink:to="sid_ScheduleOfTradePayablesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfTradePayablesTableTextBlock_doc" xml:lang="en-US">Represent information about the schedule of trade payables table text block.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock" xlink:to="sid_SummaryOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of income tax and social contribution income expense .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfReconciliationOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock" xlink:to="sid_SummaryOfReconciliationOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfReconciliationOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of reconciliation of income tax and social contribution income expense .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfDeferredIncomeTaxAndSocialContributionTableTextBlock" xlink:to="sid_SummaryOfDeferredIncomeTaxAndSocialContributionTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfDeferredIncomeTaxAndSocialContributionTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of deferred income tax and social contribution .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfEstimatedRecoveryOfDeferredTaxAssetsTableTextBlock" xlink:to="sid_ScheduleOfEstimatedRecoveryOfDeferredTaxAssetsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfEstimatedRecoveryOfDeferredTaxAssetsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the schedule of estimated recovery of deferred tax assets .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfInventoriesIncomeTaxAndSocialContributionRecognizedInShareholdersEquityExplanatory" xlink:to="sid_DisclosureOfInventoriesIncomeTaxAndSocialContributionRecognizedInShareholdersEquityExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DisclosureOfInventoriesIncomeTaxAndSocialContributionRecognizedInShareholdersEquityExplanatory_doc" xml:lang="en-US">Schedule disclosing information related to the summary of reconciliation of income tax and social contribution income expense .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfDeferredTaxAssetsOnTaxLossesAndTemporaryDifferencesTableTextBlock" xlink:to="sid_SummaryOfDeferredTaxAssetsOnTaxLossesAndTemporaryDifferencesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfDeferredTaxAssetsOnTaxLossesAndTemporaryDifferencesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of deferred tax assets on tax losses and temporary differences .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfTaxesInInstallmentsTableTextBlock" xlink:to="sid_SummaryOfTaxesInInstallmentsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfTaxesInInstallmentsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of taxes in installments .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfAccruedAmountsAndJudicialDepositsTableTextBlock" xlink:to="sid_SummaryOfAccruedAmountsAndJudicialDepositsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfAccruedAmountsAndJudicialDepositsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of accrued amounts and judicial deposits .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfChangesInProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksTableTextBlock" xlink:to="sid_SummaryOfChangesInProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfChangesInProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of changes in provision for tax social security labor civil and environmental risks .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfLegalMattersWithPossibleRiskOfLossTableTextBlock" xlink:to="sid_SummaryOfLegalMattersWithPossibleRiskOfLossTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfLegalMattersWithPossibleRiskOfLossTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of legal matters with possible risk of loss .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionAssetsAndLiabilitiesTableTextBlock" xlink:to="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionAssetsAndLiabilitiesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionAssetsAndLiabilitiesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the of transactions with subsidiaries, joint ventures, associates, exclusive funds and other related parties, by transaction - assets and liabilities .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionStatementOfIncomeTableTextBlock" xlink:to="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionStatementOfIncomeTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionStatementOfIncomeTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the transactions with subsidiaries, joint ventures, associates, exclusive funds and other related parties, by transaction - statement of income .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyAssetsAndLiabilitiesTableTextBlock" xlink:to="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyAssetsAndLiabilitiesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyAssetsAndLiabilitiesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the transactions with subsidiaries, joint ventures, associates, exclusive funds and other related parties, by company - assets and liabilities .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyStatementOfIncomeTableTextBlock" xlink:to="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyStatementOfIncomeTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyStatementOfIncomeTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of transactions with subsidiaries joint ventures associates exclusive funds and other related parties by company statement of income .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfKeyManagementPersonnelCompensationTableTextBlock" xlink:to="sid_SummaryOfKeyManagementPersonnelCompensationTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfKeyManagementPersonnelCompensationTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of key management personnel compensation .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfGuaranteesTableTextBlock" xlink:to="sid_ScheduleOfGuaranteesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfGuaranteesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the schedule of guarantees .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationTableTextBlock" xlink:to="sid_SummaryOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of transactions with subsidiaries joint ventures associates exclusive funds and other related parties by company assets and liabilities .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfOwnershipStructureTableTextBlock" xlink:to="sid_SummaryOfOwnershipStructureTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfOwnershipStructureTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of ownership structure .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfShareBuybackProgramsTableTextBlock" xlink:to="sid_SummaryOfShareBuybackProgramsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfShareBuybackProgramsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of share buyback programs .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfPositionOfTreasurySharesTableTextBlock" xlink:to="sid_SummaryOfPositionOfTreasurySharesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfPositionOfTreasurySharesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of position of treasury shares .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfBasicEarningsLossPerShareTableTextBlock" xlink:to="sid_SummaryOfBasicEarningsLossPerShareTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfBasicEarningsLossPerShareTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of basic earnings loss per share .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfDeliberateAndPaidDividendsTableTextBlock" xlink:to="sid_SummaryOfDeliberateAndPaidDividendsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfDeliberateAndPaidDividendsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of deliberate and paid dividends .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfDistributionsOfDividendsAndInterestTableTextBlock" xlink:to="sid_ScheduleOfDistributionsOfDividendsAndInterestTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfDistributionsOfDividendsAndInterestTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the schedule of distributions of dividends and interest .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfDividendsAndInterestOnEquityTableTextBlock" xlink:to="sid_ScheduleOfDividendsAndInterestOnEquityTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfDividendsAndInterestOnEquityTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the schedule of dividends and interest on equity .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfNetSalesRevenueExplanatory" xlink:to="sid_ScheduleOfNetSalesRevenueExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfNetSalesRevenueExplanatory_doc" xml:lang="en-US">The disclosure of detailed information about net sales revenue.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfExpensesByNatureTableTextBlock" xlink:to="sid_SummaryOfExpensesByNatureTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfExpensesByNatureTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the net sales revenue .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DisclosureOfDepreciationAmortizationAndDepletionExplanatory" xlink:to="sid_DisclosureOfDepreciationAmortizationAndDepletionExplanatory_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DisclosureOfDepreciationAmortizationAndDepletionExplanatory_doc" xml:lang="en-US">Schedule disclosing information related to the summary of expenses by nature .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfOtherOperatingIncomeExpensesTableTextBlock" xlink:to="sid_SummaryOfOtherOperatingIncomeExpensesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfOtherOperatingIncomeExpensesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of other operating income expenses .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfFinancialIncomeExpensesTableTextBlock" xlink:to="sid_SummaryOfFinancialIncomeExpensesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfFinancialIncomeExpensesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of financial income expenses .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfConsolidatedSegmentResultsTableTextBlock" xlink:to="sid_SummaryOfConsolidatedSegmentResultsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfConsolidatedSegmentResultsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of consolidated segment results .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfSegmentEbitdaAndAdjustedEbitdaTableTextBlock" xlink:to="sid_SummaryOfSegmentEbitdaAndAdjustedEbitdaTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfSegmentEbitdaAndAdjustedEbitdaTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of segment ebitda and adjusted ebitda .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfActuarialEmployeeBenefitAssetsAndLiabilitiesTableTextBlock" xlink:to="sid_SummaryOfActuarialEmployeeBenefitAssetsAndLiabilitiesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfActuarialEmployeeBenefitAssetsAndLiabilitiesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of actuarial employee benefit assets and liabilities .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfReconciliationOfEmployeeBenefitsAssetsAndLiabilitiesTableTextBlock" xlink:to="sid_SummaryOfReconciliationOfEmployeeBenefitsAssetsAndLiabilitiesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfReconciliationOfEmployeeBenefitsAssetsAndLiabilitiesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of reconciliation of employee benefits assets and liabilities .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfChangesInPresentValueOfDefinedBenefitObligationTableTextBlock" xlink:to="sid_SummaryOfChangesInPresentValueOfDefinedBenefitObligationTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfChangesInPresentValueOfDefinedBenefitObligationTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of changes in present value of defined benefit obligation .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfChangesInFairValueOfPlanAssetsTableTextBlock" xlink:to="sid_SummaryOfChangesInFairValueOfPlanAssetsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfChangesInFairValueOfPlanAssetsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of changes in fair value of plan assets .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfEmployeeBenefitsRecognizedInIncomeStatementTableTextBlock" xlink:to="sid_SummaryOfEmployeeBenefitsRecognizedInIncomeStatementTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfEmployeeBenefitsRecognizedInIncomeStatementTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of employee benefits recognized in income statement .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfChangesInActuarialGainsAndLossesTableTextBlock" xlink:to="sid_SummaryOfChangesInActuarialGainsAndLossesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfChangesInActuarialGainsAndLossesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of changes in actuarial gains and losses .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfBreakdownOfActuarialGainsOrLossesTableTextBlock" xlink:to="sid_SummaryOfBreakdownOfActuarialGainsOrLossesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfBreakdownOfActuarialGainsOrLossesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of breakdown of actuarial gains or losses .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfActuarialAssumptionsUsedTableTextBlock" xlink:to="sid_SummaryOfActuarialAssumptionsUsedTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfActuarialAssumptionsUsedTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of actuarial assumptions used .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfAverageLifeExpectancyTableTextBlock" xlink:to="sid_SummaryOfAverageLifeExpectancyTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfAverageLifeExpectancyTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of average life expectancy .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfAllocationOfPlanAssetsTableTextBlock" xlink:to="sid_SummaryOfAllocationOfPlanAssetsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfAllocationOfPlanAssetsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of allocation of plan assets .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPensionPlansTableTextBlock" xlink:to="sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPensionPlansTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPensionPlansTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of quantitative sensitivity analysis regarding significant assumptions for pension plans .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfForecastBenefitPaymentsOfDefinedBenefitPlansTableTextBlock" xlink:to="sid_SummaryOfForecastBenefitPaymentsOfDefinedBenefitPlansTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfForecastBenefitPaymentsOfDefinedBenefitPlansTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of forecast benefit payments of defined benefit plans .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfPostEmploymentHealthCarePlanAmountsTableTextBlock" xlink:to="sid_SummaryOfPostEmploymentHealthCarePlanAmountsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfPostEmploymentHealthCarePlanAmountsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of post employment health care plan amounts .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfReconciliationOfHealthcareLiabilitiesTableTextBlock" xlink:to="sid_SummaryOfReconciliationOfHealthcareLiabilitiesTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfReconciliationOfHealthcareLiabilitiesTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of reconciliation of healthcare liabilities .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfActuarialGainsAndLossesRecognizedInShareholdersEquityTableTextBlock" xlink:to="sid_SummaryOfActuarialGainsAndLossesRecognizedInShareholdersEquityTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfActuarialGainsAndLossesRecognizedInShareholdersEquityTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of actuarial gains and losses recognized in shareholders equity .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfWeightedAverageLifeExpectancyTableTextBlock" xlink:to="sid_SummaryOfWeightedAverageLifeExpectancyTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfWeightedAverageLifeExpectancyTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of weighted average life expectancy .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfActuarialAssumptionsUsedForCalculatingPostEmploymentHealthcareBenefitsTableTextBlock" xlink:to="sid_SummaryOfActuarialAssumptionsUsedForCalculatingPostEmploymentHealthcareBenefitsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfActuarialAssumptionsUsedForCalculatingPostEmploymentHealthcareBenefitsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of actuarial assumptions used for calculating post employment healthcare benefits.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPostEmploymentHealthcarePlansTableTextBlock" xlink:to="sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPostEmploymentHealthcarePlansTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPostEmploymentHealthcarePlansTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of quantitative sensitivity analysis regarding significant assumptions for post employment healthcare plans.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfForecastBenefitPaymentsOfPostEmploymentHealthcarePlansTableTextBlock" xlink:to="sid_SummaryOfForecastBenefitPaymentsOfPostEmploymentHealthcarePlansTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfForecastBenefitPaymentsOfPostEmploymentHealthcarePlansTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of forecast benefit payments of post employment healthcare plans.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfTakeOrPayContractsTableTextBlock" xlink:to="sid_SummaryOfTakeOrPayContractsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfTakeOrPayContractsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of take or pay contracts.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfAdditionalInformationRelatedToStatementOfCashFlowsTableTextBlock" xlink:to="sid_SummaryOfAdditionalInformationRelatedToStatementOfCashFlowsTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SummaryOfAdditionalInformationRelatedToStatementOfCashFlowsTableTextBlock_doc" xml:lang="en-US">Schedule disclosing information related to the summary of additional information related to statement of cash flows .</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RightofuseAssetsRemeasurement" xlink:to="sid_RightofuseAssetsRemeasurement_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RightofuseAssetsRemeasurement_doc" xml:lang="en-US">The amount of rightofuse assets remeasurement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FacilityMember" xlink:to="sid_FacilityMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FacilityMember_doc" xml:lang="en-US">Represent information about the facility member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NationalCurrencyMember" xlink:to="sid_NationalCurrencyMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NationalCurrencyMember_doc" xml:lang="en-US">Represent information about the national currency member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialInvestmentes1Member" xlink:to="sid_FinancialInvestmentes1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_FinancialInvestmentes1Member_doc" xml:lang="en-US">Represent information about the financial investmentes1 member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Derivatives1Member" xlink:to="sid_Derivatives1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_Derivatives1Member_doc" xml:lang="en-US">Represent information about the derivatives1 member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InvestmentProperty1Member" xlink:to="sid_InvestmentProperty1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_InvestmentProperty1Member_doc" xml:lang="en-US">Represent information about the investment property1 member.</link:label>
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CurrencyRisk1Member" xlink:label="sid_CurrencyRisk1Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CurrencyRisk1Member" xlink:to="sid_CurrencyRisk1Member_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CurrencyRisk1Member_doc" xml:lang="en-US">Represent information about the currency risk1 member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NonDerivativeFinancialLiabilitiesMember" xlink:to="sid_NonDerivativeFinancialLiabilitiesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NonDerivativeFinancialLiabilitiesMember_doc" xml:lang="en-US">Represent information about the non derivative financial liabilities member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LoanContractsWithFinancialInstitutions" xlink:to="sid_LoanContractsWithFinancialInstitutions_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_LoanContractsWithFinancialInstitutions_doc" xml:lang="en-US">The amount of loan contracts with financial institutions.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersIntangibleAssets" xlink:to="sid_OthersIntangibleAssets_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OthersIntangibleAssets_doc" xml:lang="en-US">The amount of others intangible assets.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfAdditionalSharesHeldByCurrentShareholders" xlink:to="sid_PercentageOfAdditionalSharesHeldByCurrentShareholders_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PercentageOfAdditionalSharesHeldByCurrentShareholders_doc" xml:lang="en-US">Represent information about the percentage of additional shares held by current shareholders.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfAdditionalSharesHeldByMajorityShareholder" xlink:to="sid_PercentageOfAdditionalSharesHeldByMajorityShareholder_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PercentageOfAdditionalSharesHeldByMajorityShareholder_doc" xml:lang="en-US">Represent information about the percentage of additional shares held by majority shareholder.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RatioOfShareSplit" xlink:to="sid_RatioOfShareSplit_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_RatioOfShareSplit_doc" xml:lang="en-US">Represent information about the ratio of share split.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DebtReprofiling" xlink:to="sid_DebtReprofiling_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DebtReprofiling_doc" xml:lang="en-US">Represent information about the debt reprofiling.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DebtMaturityYearPostponed" xlink:to="sid_DebtMaturityYearPostponed_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DebtMaturityYearPostponed_doc" xml:lang="en-US">Represent information about the debt maturity year postponed.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DebtAmortized" xlink:to="sid_DebtAmortized_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DebtAmortized_doc" xml:lang="en-US">Represent information about the debt amortized.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BuyBackOfDebenturesShares" xlink:to="sid_BuyBackOfDebenturesShares_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BuyBackOfDebenturesShares_doc" xml:lang="en-US">Represent information about the buy back of debentures shares.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BuyBackOfDebenturesValue" xlink:to="sid_BuyBackOfDebenturesValue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BuyBackOfDebenturesValue_doc" xml:lang="en-US">The amount of buy back of debentures value.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfBuyBackOfDebentures" xlink:to="sid_PercentageOfBuyBackOfDebentures_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PercentageOfBuyBackOfDebentures_doc" xml:lang="en-US">Represent information about the percentage of buy back of debentures.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentContractsMember" xlink:to="sid_ExportPrepaymentContractsMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ExportPrepaymentContractsMember_doc" xml:lang="en-US">Represent information about the export prepayment contracts member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NCEMember" xlink:to="sid_NCEMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NCEMember_doc" xml:lang="en-US">Represent information about the n c e member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DebenturesMember" xlink:to="sid_DebenturesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DebenturesMember_doc" xml:lang="en-US">Represent information about the debentures member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IndemnityLimit" xlink:to="sid_IndemnityLimit_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_IndemnityLimit_doc" xml:lang="en-US">Represent information about the indemnity limit.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeductibleMaterialDamages" xlink:to="sid_DeductibleMaterialDamages_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DeductibleMaterialDamages_doc" xml:lang="en-US">Represent information about the deductible material damages.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialLossgain" xlink:to="sid_ActuarialLossgain_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ActuarialLossgain_doc" xml:lang="en-US">The amount of actuarial lossgain.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DaysForLosOfProfits" xlink:to="sid_DaysForLosOfProfits_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DaysForLosOfProfits_doc" xml:lang="en-US">The amount of days for los of profits.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AverageMedicalCost" xlink:to="sid_AverageMedicalCost_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AverageMedicalCost_doc" xml:lang="en-US">The amount of average medical cost.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowHedgeRealised" xlink:to="sid_CashFlowHedgeRealised_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CashFlowHedgeRealised_doc" xml:lang="en-US">The amount of cash flow hedge realised.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NetRevenues" xlink:to="sid_NetRevenues_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NetRevenues_doc" xml:lang="en-US">The amount of net revenues.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SaleOfShares" xlink:to="sid_SaleOfShares_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SaleOfShares_doc" xml:lang="en-US">Represent information about the sale of shares.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TreasuryShare" xlink:to="sid_TreasuryShare_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TreasuryShare_doc" xml:lang="en-US">Represent information about the treasury share.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SharesPrice" xlink:to="sid_SharesPrice_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SharesPrice_doc" xml:lang="en-US">Represent information about the shares price.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NumbersOfShareIssuedValue" xlink:to="sid_NumbersOfShareIssuedValue_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NumbersOfShareIssuedValue_doc" xml:lang="en-US">The amount of numbers of share issued value.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SupplyOfIronOre" xlink:to="sid_SupplyOfIronOre_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_SupplyOfIronOre_doc" xml:lang="en-US">The amount of numbers of share issued value.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdditionalSupplyOfIronOre" xlink:to="sid_AdditionalSupplyOfIronOre_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdditionalSupplyOfIronOre_doc" xml:lang="en-US">Represent information about the supply of iron ore.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CurrentTradePayablesMember" xlink:to="sid_CurrentTradePayablesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_CurrentTradePayablesMember_doc" xml:lang="en-US">Represent information about the current trade payables member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NonCurrentTradePayablesMember" xlink:to="sid_NonCurrentTradePayablesMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NonCurrentTradePayablesMember_doc" xml:lang="en-US">Represent information about the non current trade payables member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GainUponLossOfControlInTransnordestinaMember" xlink:to="sid_GainUponLossOfControlInTransnordestinaMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_GainUponLossOfControlInTransnordestinaMember_doc" xml:lang="en-US">Represent information about the gain upon loss of control in transnordestina member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxCreditsMaturityTerms" xlink:to="sid_TaxCreditsMaturityTerms_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_TaxCreditsMaturityTerms_doc" xml:lang="en-US">Represent information about the tax credits maturity terms.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ReversedOfEstimatedLosses" xlink:to="sid_ReversedOfEstimatedLosses_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ReversedOfEstimatedLosses_doc" xml:lang="en-US">The amount of reversed of estimated losses.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredTaxAsset" xlink:to="sid_DeferredTaxAsset_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DeferredTaxAsset_doc" xml:lang="en-US">The amount of deferred tax asset.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NegativeBaseOfSocialContribution" xlink:to="sid_NegativeBaseOfSocialContribution_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NegativeBaseOfSocialContribution_doc" xml:lang="en-US">The amount of negative base of social contribution.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdditionalInvestment" xlink:to="sid_AdditionalInvestment_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_AdditionalInvestment_doc" xml:lang="en-US">The amount of additional investment.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MVRMember" xlink:to="sid_MVRMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_MVRMember_doc" xml:lang="en-US">Represent information about the m v r member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NewAgreementMember" xlink:to="sid_NewAgreementMember_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_NewAgreementMember_doc" xml:lang="en-US">Represent information about the new agreement member.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PercentageOfAllocatedToServicesOfEnvironmentalInterest" xlink:to="sid_PercentageOfAllocatedToServicesOfEnvironmentalInterest_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_PercentageOfAllocatedToServicesOfEnvironmentalInterest_doc" xml:lang="en-US">Represent information about the percentage of allocated to services of environmental interest.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActualDisbursement" xlink:to="sid_ActualDisbursement_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ActualDisbursement_doc" xml:lang="en-US">The amount of actual disbursement.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingMaturity" xlink:to="sid_BorrowingMaturity_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_BorrowingMaturity_doc" xml:lang="en-US">Represent borrowing maturity.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DistributionOfMandatoryMinimumDividend" xlink:to="sid_DistributionOfMandatoryMinimumDividend_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_DistributionOfMandatoryMinimumDividend_doc" xml:lang="en-US">Represent information about the distribution of mandatory minimum dividend.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfSensitivityAnalysisOfPriceRisksPlattsIndexTableTextBlock" xlink:to="sid_ScheduleOfSensitivityAnalysisOfPriceRisksPlattsIndexTableTextBlock_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfSensitivityAnalysisOfPriceRisksPlattsIndexTableTextBlock_doc" xml:lang="en-US">Disclosure of sensitivity analysis of price risks platts index.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherOperatingInconeAndExpensesAbstarct" xlink:to="sid_OtherOperatingInconeAndExpensesAbstarct_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_OtherOperatingInconeAndExpensesAbstarct_doc" xml:lang="en-US">Represent other operating income and expense abstract.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfBalanceSheetAndStatementOfIncome" xlink:to="sid_ScheduleOfBalanceSheetAndStatementOfIncome_doc" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:label="sid_ScheduleOfBalanceSheetAndStatementOfIncome_doc" xml:lang="en-US">Schedule disclosing information related to the summary of balancesheet and statement of income.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:to="ifrs-full_OtherPropertyPlantAndEquipmentMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherPropertyPlantAndEquipmentMember_2_lbl" xml:lang="en-US">Other property, plant and equipment [member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherIntangibleAssetsMember" xlink:to="ifrs-full_OtherIntangibleAssetsMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherIntangibleAssetsMember_2_lbl" xml:lang="en-US">Other intangible assets [member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:to="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember_2_lbl" xml:lang="en-US">Later than three years and not later than four years [member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DerivativesMember" xlink:to="ifrs-full_DerivativesMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DerivativesMember_2_lbl" xml:lang="en-US">Derivatives [member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentPropertyMember" xlink:to="ifrs-full_InvestmentPropertyMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InvestmentPropertyMember_2_lbl" xml:lang="en-US">Investment property [member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialInvestmentesMember" xlink:to="sid_FinancialInvestmentesMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FinancialInvestmentesMember_3_lbl" xml:lang="en-US">FinancialInvestmentesMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_USMember" xlink:to="sid_USMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_USMember_3_lbl" xml:lang="en-US">USMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EURMember" xlink:to="sid_EURMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EURMember_3_lbl" xml:lang="en-US">EURMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialInvestmentsMember" xlink:to="sid_FinancialInvestmentsMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FinancialInvestmentsMember_3_lbl" xml:lang="en-US">FinancialInvestmentsMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NetExchangePositionMember" xlink:to="sid_NetExchangePositionMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NetExchangePositionMember_3_lbl" xml:lang="en-US">NetExchangePositionMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeRateAwapCDIDollarMember" xlink:to="sid_ExchangeRateAwapCDIDollarMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExchangeRateAwapCDIDollarMember_3_lbl" xml:lang="en-US">ExchangeRateAwapCDIDollarMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScenarioIIThreeMember" xlink:to="sid_ScenarioIIThreeMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScenarioIIThreeMember_3_lbl" xml:lang="en-US">ScenarioIIThreeMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScenarioIITwoMember" xlink:to="sid_ScenarioIITwoMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScenarioIITwoMember_3_lbl" xml:lang="en-US">ScenarioIITwoMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExchangeRateSwapCDIDollarMember" xlink:to="sid_ExchangeRateSwapCDIDollarMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExchangeRateSwapCDIDollarMember_3_lbl" xml:lang="en-US">ExchangeRateSwapCDIDollarMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesOneMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesOneMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesOneMember_3_lbl" xml:lang="en-US">ExportPrepaymentsInUsToThirdPartiesOneMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesTwoMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesTwoMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesTwoMember_3_lbl" xml:lang="en-US">ExportPrepaymentsInUsToThirdPartiesTwoMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesThreeMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesThreeMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesThreeMember_3_lbl" xml:lang="en-US">ExportPrepaymentsInUsToThirdPartiesThreeMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesFourMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesFourMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesFourMember_3_lbl" xml:lang="en-US">ExportPrepaymentsInUsToThirdPartiesFourMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesFiveMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesFiveMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesFiveMember_3_lbl" xml:lang="en-US">Borrowings and Financing (Third-party capital) [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesSevenMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesSevenMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesSevenMember_3_lbl" xml:lang="en-US">ExportPrepaymentsInUsToThirdPartiesSevenMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesEightMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesEightMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesEightMember_3_lbl" xml:lang="en-US">Fixed rate notes</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesNineMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesNineMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesNineMember_3_lbl" xml:lang="en-US">ExportPrepaymentsInUsToThirdPartiesNineMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExportPrepaymentsInUsToThirdPartiesTenMember" xlink:to="sid_ExportPrepaymentsInUsToThirdPartiesTenMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExportPrepaymentsInUsToThirdPartiesTenMember_3_lbl" xml:lang="en-US">Other Payables [Abstract] [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" xlink:to="ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember_2_lbl" xml:lang="en-US">Later than six months and not later than one year [member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ActuarialAssetMember" xlink:to="sid_ActuarialAssetMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ActuarialAssetMember_3_lbl" xml:lang="en-US">ActuarialAssetMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_JointVenturesJointOperationMember" xlink:to="sid_JointVenturesJointOperationMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_JointVenturesJointOperationMember_3_lbl" xml:lang="en-US">JointVenturesJointOperationMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SubsidiariesAndAssociateMember" xlink:to="sid_SubsidiariesAndAssociateMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SubsidiariesAndAssociateMember_3_lbl" xml:lang="en-US">Disability mortality table [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_VicunhaSteelSA1Member" xlink:to="sid_VicunhaSteelSA1Member_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_VicunhaSteelSA1Member_3_lbl" xml:lang="en-US">VicunhaSteelSA1Member</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersOneMember" xlink:to="sid_OthersOneMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OthersOneMember_3_lbl" xml:lang="en-US">OthersOneMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpenseByNatureAxis" xlink:to="sid_ExpenseByNatureAxis_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExpenseByNatureAxis_3_lbl" xml:lang="en-US">Expense by nature [Axis] [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="srt_EuropeMember" xlink:to="srt_EuropeMember_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="srt_EuropeMember_2_lbl" xml:lang="en-US">Europe [Member]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersPlanAssetsMember" xlink:to="sid_OthersPlanAssetsMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OthersPlanAssetsMember_3_lbl" xml:lang="en-US">Expenses By Nature [Abstract]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MRSLogisticaSA1Member" xlink:to="sid_MRSLogisticaSA1Member_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MRSLogisticaSA1Member_3_lbl" xml:lang="en-US">MRSLogisticaSA1Member</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherInvestmentMember" xlink:to="sid_OtherInvestmentMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherInvestmentMember_3_lbl" xml:lang="en-US">OtherInvestmentMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FtlFerroviaTransnordestionaLogisticAsaMember" xlink:to="sid_FtlFerroviaTransnordestionaLogisticAsaMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FtlFerroviaTransnordestionaLogisticAsaMember_3_lbl" xml:lang="en-US">FtlFerroviaTransnordestionaLogisticAsaMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TransLogisticaSAMember" xlink:to="sid_TransLogisticaSAMember_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TransLogisticaSAMember_3_lbl" xml:lang="en-US">TransLogisticaSAMember</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Derivatives1Member" xlink:to="sid_Derivatives1Member_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_Derivatives1Member_3_lbl" xml:lang="en-US">Derivatives1Member</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InvestmentProperty1Member" xlink:to="sid_InvestmentProperty1Member_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_InvestmentProperty1Member_3_lbl" xml:lang="en-US">InvestmentProperty1Member</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TransnordestinaLogisticaSA1Member" xlink:to="sid_TransnordestinaLogisticaSA1Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TransnordestinaLogisticaSA1Member_2_lbl" xml:lang="en-US">TransnordestinaLogisticaSA1Member</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EquimacSA1Member" xlink:to="sid_EquimacSA1Member_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EquimacSA1Member_2_lbl" xml:lang="en-US">EquimacSA1Member</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentDerivativeFinancialAssets" xlink:to="ifrs-full_CurrentDerivativeFinancialAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentDerivativeFinancialAssets_2_lbl" xml:lang="en-US">Current derivative financial assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:to="ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax_3_lbl" xml:lang="en-US">Non-current receivables from taxes other than income tax</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LongtermReceivables" xlink:to="sid_LongtermReceivables_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LongtermReceivables_3_lbl" xml:lang="en-US">LongtermReceivables</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DeferredTaxLiabilities" xlink:to="ifrs-full_DeferredTaxLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DeferredTaxLiabilities_2_lbl" xml:lang="en-US">Deferred tax liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentProvisions" xlink:to="ifrs-full_NoncurrentProvisions_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentProvisions_2_lbl" xml:lang="en-US">Non-current provisions</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAttributableToOwnersOfParent" xlink:to="ifrs-full_EquityAttributableToOwnersOfParent_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAttributableToOwnersOfParent_2_lbl" xml:lang="en-US">Equity attributable to owners of parent</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_EquityAndLiabilities" xlink:to="ifrs-full_EquityAndLiabilities_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_EquityAndLiabilities_3_lbl" xml:lang="en-US">Equity and liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_MiscellaneousOtherOperatingExpense" xlink:to="ifrs-full_MiscellaneousOtherOperatingExpense_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_MiscellaneousOtherOperatingExpense_4_lbl" xml:lang="en-US">Miscellaneous other operating expense</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceCosts" xlink:to="ifrs-full_FinanceCosts_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinanceCosts_2_lbl" xml:lang="en-US">Finance costs</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:to="ifrs-full_IncomeTaxExpenseContinuingOperations_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeTaxExpenseContinuingOperations_3_lbl" xml:lang="en-US">Tax expense (income)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:to="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ProfitLossAttributableToNoncontrollingInterests_2_lbl" xml:lang="en-US">Profit (loss), attributable to non-controlling interests</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:to="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax_2_lbl" xml:lang="en-US">Other comprehensive income that will not be reclassified to profit or loss, net of tax</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes" xlink:to="sid_CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes_3_lbl" xml:lang="en-US">CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:to="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_2_lbl" xml:lang="en-US">Other comprehensive income that will be reclassified to profit or loss, net of tax</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncome" xlink:to="ifrs-full_OtherComprehensiveIncome_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncome_3_lbl" xml:lang="en-US">Other comprehensive income [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ComprehensiveIncome" xlink:to="ifrs-full_ComprehensiveIncome_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ComprehensiveIncome_2_lbl" xml:lang="en-US">Comprehensive income [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:to="ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_2_lbl" xml:lang="en-US">Share of profit (loss) of associates accounted for using equity method</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_GainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination" xlink:to="ifrs-full_GainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_GainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination_2_lbl" xml:lang="en-US">Gain (loss) that relates to identifiable assets acquired or liabilities assumed in business combination and is of such size, nature or incidence that disclosure is relevant to understanding combined entity's financial statements</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ReceivablesByIndemnity" xlink:to="sid_ReceivablesByIndemnity_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ReceivablesByIndemnity_4_lbl" xml:lang="en-US">ReceivablesByIndemnity</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions" xlink:to="ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions_2_lbl" xml:lang="en-US">Increase in existing provisions, other provisions</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:to="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_2_lbl" xml:lang="en-US">Adjustments for decrease (increase) in inventories</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncomeTaxesRefundClassifiedAsOperatingActivities" xlink:to="ifrs-full_IncomeTaxesRefundClassifiedAsOperatingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncomeTaxesRefundClassifiedAsOperatingActivities_2_lbl" xml:lang="en-US">Income taxes refund, classified as operating activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable_2_lbl" xml:lang="en-US">Adjustments for increase (decrease) in trade accounts payable</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" xlink:to="ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities_2_lbl" xml:lang="en-US">Adjustments for increase (decrease) in employee benefit liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:to="ifrs-full_InterestPaidClassifiedAsOperatingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestPaidClassifiedAsOperatingActivities_2_lbl" xml:lang="en-US">Interest paid, classified as operating activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DerivativeInstrumentCashSettlement" xlink:to="sid_DerivativeInstrumentCashSettlement_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DerivativeInstrumentCashSettlement_3_lbl" xml:lang="en-US">DerivativeInstrumentCashSettlement</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:to="sid_AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities_3_lbl" xml:lang="en-US">AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInOperatingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_2_lbl" xml:lang="en-US">Cash flows from (used in) operating activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:to="ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities_2_lbl" xml:lang="en-US">Other cash payments to acquire equity or debt instruments of other entities, classified as investing activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_2_lbl" xml:lang="en-US">Purchase of property, plant and equipment, classified as investing activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashPaymentsForDerivativeTransactions" xlink:to="sid_CashPaymentsForDerivativeTransactions_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashPaymentsForDerivativeTransactions_3_lbl" xml:lang="en-US">CashPaymentsForDerivativeTransactions</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:to="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities_2_lbl" xml:lang="en-US">Purchase of intangible assets, classified as investing activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashAdvancesAndLoansMadeToRelatedParties" xlink:to="ifrs-full_CashAdvancesAndLoansMadeToRelatedParties_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashAdvancesAndLoansMadeToRelatedParties_2_lbl" xml:lang="en-US">Cash advances and loans made to related parties</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInInvestingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_2_lbl" xml:lang="en-US">Cash flows from (used in) investing activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_BorrowingCostsIncurred" xlink:to="ifrs-full_BorrowingCostsIncurred_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_BorrowingCostsIncurred_2_lbl" xml:lang="en-US">Borrowing costs incurred</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AmortizationOfLeases" xlink:to="sid_AmortizationOfLeases_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AmortizationOfLeases_3_lbl" xml:lang="en-US">AmortizationOfLeases</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:to="ifrs-full_DividendsPaidClassifiedAsFinancingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendsPaidClassifiedAsFinancingActivities_2_lbl" xml:lang="en-US">Dividends paid, classified as financing activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="ifrs-full_CashFlowsFromUsedInFinancingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_2_lbl" xml:lang="en-US">Cash flows from (used in) financing activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:to="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalents_2_lbl" xml:lang="en-US">Increase (decrease) in cash and cash equivalents</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DividendsPaidOrdinaryShares" xlink:to="ifrs-full_DividendsPaidOrdinaryShares_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DividendsPaidOrdinaryShares_2_lbl" xml:lang="en-US">Dividends paid, ordinary shares</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:to="ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod_2_lbl" xml:lang="en-US">Purchase of interests in investments accounted for using equity method</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherComprehensiveIncomeLoss" xlink:to="sid_OtherComprehensiveIncomeLoss_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherComprehensiveIncomeLoss_3_lbl" xml:lang="en-US">OtherComprehensiveIncomeLoss</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock" xlink:to="sid_SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock_3_lbl" xml:lang="en-US">SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ScheduleOfLeaseLiabilities" xlink:to="sid_ScheduleOfLeaseLiabilities_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ScheduleOfLeaseLiabilities_3_lbl" xml:lang="en-US">ScheduleOfLeaseLiabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeReceivables" xlink:to="ifrs-full_TradeReceivables_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeReceivables_2_lbl" xml:lang="en-US">Trade receivables [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InventoryNetOne" xlink:to="sid_InventoryNetOne_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_InventoryNetOne_4_lbl" xml:lang="en-US">InventoryNetOne</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherCurrentNonfinancialAssets" xlink:to="ifrs-full_OtherCurrentNonfinancialAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherCurrentNonfinancialAssets_2_lbl" xml:lang="en-US">Other current non-financial assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherNoncurrentNonfinancialAssets" xlink:to="ifrs-full_OtherNoncurrentNonfinancialAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherNoncurrentNonfinancialAssets_2_lbl" xml:lang="en-US">Other non-current non-financial assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EquityInResultsOfAffiliatedCompanies" xlink:to="sid_EquityInResultsOfAffiliatedCompanies_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EquityInResultsOfAffiliatedCompanies_3_lbl" xml:lang="en-US">EquityInResultsOfAffiliatedCompanies</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersInvestments" xlink:to="sid_OthersInvestments_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OthersInvestments_3_lbl" xml:lang="en-US">OthersInvestments</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Others" xlink:to="sid_Others_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_Others_3_lbl" xml:lang="en-US">Gross revenue [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NoncurrentLeaseLiabilities" xlink:to="ifrs-full_NoncurrentLeaseLiabilities_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NoncurrentLeaseLiabilities_3_lbl" xml:lang="en-US">Non-current lease liabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InvestmentProperty" xlink:to="ifrs-full_InvestmentProperty_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InvestmentProperty_3_lbl" xml:lang="en-US">Investment property</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:to="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment_2_lbl" xml:lang="en-US">Acquisitions through business combinations, property, plant and equipment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:to="ifrs-full_DisposalsPropertyPlantAndEquipment_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DisposalsPropertyPlantAndEquipment_2_lbl" xml:lang="en-US">Disposals, property, plant and equipment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:to="ifrs-full_DepreciationPropertyPlantAndEquipment_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepreciationPropertyPlantAndEquipment_2_lbl" xml:lang="en-US">Depreciation, property, plant and equipment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersPropertyPlantAndEquipment" xlink:to="sid_OthersPropertyPlantAndEquipment_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OthersPropertyPlantAndEquipment_3_lbl" xml:lang="en-US">OthersPropertyPlantAndEquipment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RightofuseAssets" xlink:to="ifrs-full_RightofuseAssets_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RightofuseAssets_3_lbl" xml:lang="en-US">Right-of-use assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:to="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_2_lbl" xml:lang="en-US">Increase (decrease) through effect of changes in foreign exchange rates, liabilities arising from financing activities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepreciationRightofuseAssets" xlink:to="ifrs-full_DepreciationRightofuseAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepreciationRightofuseAssets_2_lbl" xml:lang="en-US">Depreciation, right-of-use assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TransfersToOtherAssetCategories" xlink:to="sid_TransfersToOtherAssetCategories_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TransfersToOtherAssetCategories_3_lbl" xml:lang="en-US">Expenses recognized in income for the year [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:to="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_2_lbl" xml:lang="en-US">Increase (decrease) through net exchange differences, intangible assets and goodwill</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersIntangibleAssets" xlink:to="sid_OthersIntangibleAssets_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OthersIntangibleAssets_3_lbl" xml:lang="en-US">OthersIntangibleAssets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherBorrowings" xlink:to="ifrs-full_OtherBorrowings_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherBorrowings_3_lbl" xml:lang="en-US">Other borrowings</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_InterestExpenseOnBorrowings" xlink:to="ifrs-full_InterestExpenseOnBorrowings_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_InterestExpenseOnBorrowings_3_lbl" xml:lang="en-US">Interest expense on borrowings</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ConsolidationOfCBS" xlink:to="sid_ConsolidationOfCBS_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ConsolidationOfCBS_3_lbl" xml:lang="en-US">Principal repayments</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersChangesInOtherBorrowings" xlink:to="sid_OthersChangesInOtherBorrowings_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OthersChangesInOtherBorrowings_3_lbl" xml:lang="en-US">OthersChangesInOtherBorrowings</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InvestmentInterestRate1" xlink:to="sid_InvestmentInterestRate1_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_InvestmentInterestRate1_3_lbl" xml:lang="en-US">InvestmentInterestRate1</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:to="ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_3_lbl" xml:lang="en-US">Financial instruments designated as hedging instruments, at fair value</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ChangeInAmountsRelatedToCashFlowHedge" xlink:to="sid_ChangeInAmountsRelatedToCashFlowHedge_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ChangeInAmountsRelatedToCashFlowHedge_4_lbl" xml:lang="en-US">Borrowings and financing, current [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:to="ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations_2_lbl" xml:lang="en-US">Other comprehensive income, net of tax, hedges of net investments in foreign operations</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments" xlink:to="ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments_2_lbl" xml:lang="en-US">Trading income (expense) on derivative financial instruments</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_LoansAndAdvancesToCustomers" xlink:to="ifrs-full_LoansAndAdvancesToCustomers_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_LoansAndAdvancesToCustomers_2_lbl" xml:lang="en-US">Loans and advances to customers</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PresentValueAdjustmentLeasesLiabilities" xlink:to="sid_PresentValueAdjustmentLeasesLiabilities_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PresentValueAdjustmentLeasesLiabilities_3_lbl" xml:lang="en-US">PresentValueAdjustmentLeasesLiabilities</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_LeaseLiabilitiesOne" xlink:to="sid_LeaseLiabilitiesOne_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_LeaseLiabilitiesOne_3_lbl" xml:lang="en-US">Tax foreclosures - ICMS - Electricity credits</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Depreciations" xlink:to="sid_Depreciations_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_Depreciations_3_lbl" xml:lang="en-US">Depreciations</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_TradeAndOtherPayablesToTradeSuppliers" xlink:to="ifrs-full_TradeAndOtherPayablesToTradeSuppliers_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_TradeAndOtherPayablesToTradeSuppliers_2_lbl" xml:lang="en-US">Trade payables [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DeferredLiabilitiesParentCompany" xlink:to="sid_DeferredLiabilitiesParentCompany_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DeferredLiabilitiesParentCompany_3_lbl" xml:lang="en-US">DeferredLiabilitiesParentCompany</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_GrossDeferredTaxAssets" xlink:to="sid_GrossDeferredTaxAssets_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_GrossDeferredTaxAssets_3_lbl" xml:lang="en-US">GrossDeferredTaxAssets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_NetDeferredTaxAssets" xlink:to="ifrs-full_NetDeferredTaxAssets_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_NetDeferredTaxAssets_2_lbl" xml:lang="en-US">Net deferred tax assets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" xlink:to="ifrs-full_CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity_2_lbl" xml:lang="en-US">Current and deferred tax relating to items credited (charged) directly to equity</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_DepositsFromBanks" xlink:to="ifrs-full_DepositsFromBanks_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_DepositsFromBanks_2_lbl" xml:lang="en-US">Deposits from banks</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_RawMaterialsAndConsumablesUsed" xlink:to="ifrs-full_RawMaterialsAndConsumablesUsed_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_RawMaterialsAndConsumablesUsed_2_lbl" xml:lang="en-US">Raw materials and consumables used</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialInterest" xlink:to="sid_FinancialInterest_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FinancialInterest_3_lbl" xml:lang="en-US">FinancialInterest</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_FinanceIncomeCost" xlink:to="ifrs-full_FinanceIncomeCost_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_FinanceIncomeCost_2_lbl" xml:lang="en-US">Finance income (cost)</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_KeyManagementPersonnelCompensation" xlink:to="ifrs-full_KeyManagementPersonnelCompensation_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_KeyManagementPersonnelCompensation_2_lbl" xml:lang="en-US">Key management personnel compensation</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OthersGuarantees" xlink:to="sid_OthersGuarantees_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OthersGuarantees_3_lbl" xml:lang="en-US">Deductions [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TotalGuarantees" xlink:to="sid_TotalGuarantees_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TotalGuarantees_3_lbl" xml:lang="en-US">TotalGuarantees</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_WeightAverageSharePrice" xlink:to="sid_WeightAverageSharePrice_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_WeightAverageSharePrice_3_lbl" xml:lang="en-US">WeightAverageSharePrice</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SharesPrice" xlink:to="sid_SharesPrice_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SharesPrice_3_lbl" xml:lang="en-US">SharesPrice</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ProfitForAllocation" xlink:to="sid_ProfitForAllocation_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ProfitForAllocation_3_lbl" xml:lang="en-US">ProfitForAllocation</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AllocationOfProfit" xlink:to="sid_AllocationOfProfit_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AllocationOfProfit_3_lbl" xml:lang="en-US">AllocationOfProfit</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DividendsPaidOnShareholdersEquityLiabilites" xlink:to="sid_DividendsPaidOnShareholdersEquityLiabilites_4_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DividendsPaidOnShareholdersEquityLiabilites_4_lbl" xml:lang="en-US">DividendsPaidOnShareholdersEquityLiabilites</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_SalesReturnsAndDiscounts" xlink:to="sid_SalesReturnsAndDiscounts_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_SalesReturnsAndDiscounts_3_lbl" xml:lang="en-US">Sales returns and discounts</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxEffectOfRevenues" xlink:to="sid_TaxEffectOfRevenues_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TaxEffectOfRevenues_3_lbl" xml:lang="en-US">Taxes on sales</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RevenueDeductions" xlink:to="sid_RevenueDeductions_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RevenueDeductions_3_lbl" xml:lang="en-US">Deduction.</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NetRevenues" xlink:to="sid_NetRevenues_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NetRevenues_3_lbl" xml:lang="en-US">NetRevenues</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_OperatingExpenseExcludingCostOfSales" xlink:to="ifrs-full_OperatingExpenseExcludingCostOfSales_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_OperatingExpenseExcludingCostOfSales_2_lbl" xml:lang="en-US">Operating expense excluding cost of sales</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_MiscellaneousOtherOperatingExpense1" xlink:to="sid_MiscellaneousOtherOperatingExpense1_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_MiscellaneousOtherOperatingExpense1_3_lbl" xml:lang="en-US">MiscellaneousOtherOperatingExpense1</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ContractualAgreement" xlink:to="sid_ContractualAgreement_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ContractualAgreement_3_lbl" xml:lang="en-US">Provision of charges</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_TaxesAndFees" xlink:to="sid_TaxesAndFees_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_TaxesAndFees_3_lbl" xml:lang="en-US">Fixed income</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ExpensesWithEnvironmentalLiabilitiesNet" xlink:to="sid_ExpensesWithEnvironmentalLiabilitiesNet_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ExpensesWithEnvironmentalLiabilitiesNet_3_lbl" xml:lang="en-US">Contractual maturities [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_WriteoffprovisionOfJudicialDeposits" xlink:to="sid_WriteoffprovisionOfJudicialDeposits_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_WriteoffprovisionOfJudicialDeposits_3_lbl" xml:lang="en-US">Document And Entity Information</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ContractualFinesOne" xlink:to="sid_ContractualFinesOne_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ContractualFinesOne_3_lbl" xml:lang="en-US">ContractualFinesOne</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22" xlink:to="sid_DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22_3_lbl" xml:lang="en-US">DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_WriteOffOfPpeAndIntangibleAssets" xlink:to="sid_WriteOffOfPpeAndIntangibleAssets_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_WriteOffOfPpeAndIntangibleAssets_3_lbl" xml:lang="en-US">WriteOffOfPpeAndIntangibleAssets</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EstimatedLossreversalInInventories" xlink:to="sid_EstimatedLossreversalInInventories_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EstimatedLossreversalInInventories_3_lbl" xml:lang="en-US">EstimatedLossreversalInInventories</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_IdlenessInStocksAndParalyzedEquipment" xlink:to="sid_IdlenessInStocksAndParalyzedEquipment_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_IdlenessInStocksAndParalyzedEquipment_3_lbl" xml:lang="en-US">IdlenessInStocksAndParalyzedEquipment</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_StudiesAndProjectEngineeringExpenses" xlink:to="sid_StudiesAndProjectEngineeringExpenses_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_StudiesAndProjectEngineeringExpenses_3_lbl" xml:lang="en-US">General mortality table [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_ResearchAndDevelopmentExpenses" xlink:to="sid_ResearchAndDevelopmentExpenses_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_ResearchAndDevelopmentExpenses_3_lbl" xml:lang="en-US">ResearchAndDevelopmentExpenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_HealthcarePlanExpenses" xlink:to="sid_HealthcarePlanExpenses_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_HealthcarePlanExpenses_3_lbl" xml:lang="en-US">HealthcarePlanExpenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CashFlowHedgeRealized" xlink:to="sid_CashFlowHedgeRealized_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CashFlowHedgeRealized_3_lbl" xml:lang="en-US">CashFlowHedgeRealized</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_UpdatedSharesFairValueThroughProfitOrLoss" xlink:to="sid_UpdatedSharesFairValueThroughProfitOrLoss_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_UpdatedSharesFairValueThroughProfitOrLoss_3_lbl" xml:lang="en-US">UpdatedSharesFairValueThroughProfitOrLoss</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherExpensesOne" xlink:to="sid_OtherExpensesOne_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherExpensesOne_3_lbl" xml:lang="en-US">OtherExpensesOne</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherOperatingIncomeExpense1" xlink:to="sid_OtherOperatingIncomeExpense1_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherOperatingIncomeExpense1_3_lbl" xml:lang="en-US">OtherOperatingIncomeExpense1</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingsAndFinancingForeignCurrency" xlink:to="sid_BorrowingsAndFinancingForeignCurrency_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BorrowingsAndFinancingForeignCurrency_3_lbl" xml:lang="en-US">BorrowingsAndFinancingForeignCurrency</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_BorrowingsAndFinancingLocalCurrency" xlink:to="sid_BorrowingsAndFinancingLocalCurrency_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_BorrowingsAndFinancingLocalCurrency_3_lbl" xml:lang="en-US">BorrowingsAndFinancingLocalCurrency</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_RelatedPartiesOne" xlink:to="sid_RelatedPartiesOne_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_RelatedPartiesOne_3_lbl" xml:lang="en-US">RelatedPartiesOne</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_Leases" xlink:to="sid_Leases_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_Leases_3_lbl" xml:lang="en-US">Other tax (federal, state, and municipal) lawsuits</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CapitalizedInterest" xlink:to="sid_CapitalizedInterest_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CapitalizedInterest_3_lbl" xml:lang="en-US">CapitalizedInterest</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_InterestFinesAndLatePaymentCharges" xlink:to="sid_InterestFinesAndLatePaymentCharges_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_InterestFinesAndLatePaymentCharges_3_lbl" xml:lang="en-US">InterestFinesAndLatePaymentCharges</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AdjustmentPresentValueOfTradePayables" xlink:to="sid_AdjustmentPresentValueOfTradePayables_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AdjustmentPresentValueOfTradePayables_3_lbl" xml:lang="en-US">AdjustmentPresentValueOfTradePayables</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_CommissionAndBankFees" xlink:to="sid_CommissionAndBankFees_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_CommissionAndBankFees_3_lbl" xml:lang="en-US">CommissionAndBankFees</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PiscofinsOverFinancialIncome" xlink:to="sid_PiscofinsOverFinancialIncome_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PiscofinsOverFinancialIncome_3_lbl" xml:lang="en-US">PiscofinsOverFinancialIncome</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_OtherFinancialExpenses" xlink:to="sid_OtherFinancialExpenses_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_OtherFinancialExpenses_3_lbl" xml:lang="en-US">OtherFinancialExpenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinanceCosts1" xlink:to="sid_FinanceCosts1_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FinanceCosts1_3_lbl" xml:lang="en-US">FinanceCosts1</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_FinancialIncomeExpenses" xlink:to="sid_FinancialIncomeExpenses_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_FinancialIncomeExpenses_3_lbl" xml:lang="en-US">FinancialIncomeExpenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_PlanAssetsAtFairValue1" xlink:to="sid_PlanAssetsAtFairValue1_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_PlanAssetsAtFairValue1_3_lbl" xml:lang="en-US">PlanAssetsAtFairValue1</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ifrs-full_SurplusDeficitInPlan" xlink:to="ifrs-full_SurplusDeficitInPlan_2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ifrs-full_SurplusDeficitInPlan_2_lbl" xml:lang="en-US">Surplus (deficit) in plan</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_AverageLifeExpectancyOfEmployees" xlink:to="sid_AverageLifeExpectancyOfEmployees_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_AverageLifeExpectancyOfEmployees_3_lbl" xml:lang="en-US">Average life expectancy of employees (in years) [Default Label]</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1" xlink:to="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1_3_lbl" xml:lang="en-US">EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_EffectOnPresentValueOfObligations1" xlink:to="sid_EffectOnPresentValueOfObligations1_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_EffectOnPresentValueOfObligations1_3_lbl" xml:lang="en-US">EffectOnPresentValueOfObligations1</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NetAdditionalCash" xlink:to="sid_NetAdditionalCash_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NetAdditionalCash_3_lbl" xml:lang="en-US">Prepaid expenses</link:label>
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="sid_NumberOfShareIssuedValue" xlink:to="sid_NumberOfShareIssuedValue_3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="sid_NumberOfShareIssuedValue_3_lbl" xml:lang="en-US">Program Period [Default Label]</link:label>
    </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>19
<FILENAME>sid-20201231_pre.xml
<DESCRIPTION>XBRL PRESENTATION FILE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.7a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.com -->
    <!-- Field: Doc-Info; Name: Source; Value: sid%2D20201231.xfr; Date: 2021%2D04%2D13T00:43:13Z -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x80240023 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef roleURI="http://csn.com.br/role/Cover" xlink:href="sid-20201231.xsd#Cover" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BalanceSheets" xlink:href="sid-20201231.xsd#BalanceSheets" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/StatementsOfIncome" xlink:href="sid-20201231.xsd#StatementsOfIncome" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/StatementsOfComprehensiveIncome" xlink:href="sid-20201231.xsd#StatementsOfComprehensiveIncome" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/StatementsOfCashFlows" xlink:href="sid-20201231.xsd#StatementsOfCashFlows" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/StatementOfChangesInShareholdersEquity" xlink:href="sid-20201231.xsd#StatementOfChangesInShareholdersEquity" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/DescriptionOfBusiness" xlink:href="sid-20201231.xsd#DescriptionOfBusiness" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SummaryOfSignificantAccountingPolicies" xlink:href="sid-20201231.xsd#SummaryOfSignificantAccountingPolicies" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ImpactsOfCovid-19" xlink:href="sid-20201231.xsd#ImpactsOfCovid-19" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/CashAndCashEquivalents" xlink:href="sid-20201231.xsd#CashAndCashEquivalents" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInvestments" xlink:href="sid-20201231.xsd#FinancialInvestments" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradeReceivables" xlink:href="sid-20201231.xsd#TradeReceivables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Inventories" xlink:href="sid-20201231.xsd#Inventories" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/RecoverableTaxes" xlink:href="sid-20201231.xsd#RecoverableTaxes" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherCurrentAndNon-currentAssets" xlink:href="sid-20201231.xsd#OtherCurrentAndNon-currentAssets" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliates" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliates" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/PropertyPlantAndEquipment" xlink:href="sid-20201231.xsd#PropertyPlantAndEquipment" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssets" xlink:href="sid-20201231.xsd#IntangibleAssets" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancing" xlink:href="sid-20201231.xsd#BorrowingsAndFinancing" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstruments" xlink:href="sid-20201231.xsd#FinancialInstruments" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherPayables" xlink:href="sid-20201231.xsd#OtherPayables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Leases" xlink:href="sid-20201231.xsd#Leases" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradePayables" xlink:href="sid-20201231.xsd#TradePayables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributions" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributions" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TaxesInInstallments" xlink:href="sid-20201231.xsd#TaxesInInstallments" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDeposits" xlink:href="sid-20201231.xsd#ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDeposits" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligations" xlink:href="sid-20201231.xsd#ProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligations" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactions" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactions" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquity" xlink:href="sid-20201231.xsd#ShareholdersEquity" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersCompensation" xlink:href="sid-20201231.xsd#ShareholdersCompensation" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/NetRevenueFromSales" xlink:href="sid-20201231.xsd#NetRevenueFromSales" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ExpensesByNature" xlink:href="sid-20201231.xsd#ExpensesByNature" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherOperatingIncomeAndExpenses" xlink:href="sid-20201231.xsd#OtherOperatingIncomeAndExpenses" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialIncomeExpenses" xlink:href="sid-20201231.xsd#FinancialIncomeExpenses" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SegmentInformation" xlink:href="sid-20201231.xsd#SegmentInformation" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefits" xlink:href="sid-20201231.xsd#EmployeeBenefits" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Commitments" xlink:href="sid-20201231.xsd#Commitments" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Insurance" xlink:href="sid-20201231.xsd#Insurance" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/AdditionalInformationToCashFlows" xlink:href="sid-20201231.xsd#AdditionalInformationToCashFlows" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SubsequentEvents" xlink:href="sid-20201231.xsd#SubsequentEvents" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SummaryOfSignificantAccountingPoliciesPolicies" xlink:href="sid-20201231.xsd#SummaryOfSignificantAccountingPoliciesPolicies" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/CashAndCashEquivalentsTables" xlink:href="sid-20201231.xsd#CashAndCashEquivalentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInvestmentsTables" xlink:href="sid-20201231.xsd#FinancialInvestmentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradeReceivablesTables" xlink:href="sid-20201231.xsd#TradeReceivablesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/InventoriesTables" xlink:href="sid-20201231.xsd#InventoriesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/RecoverableTaxesTables" xlink:href="sid-20201231.xsd#RecoverableTaxesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsTables" xlink:href="sid-20201231.xsd#OtherCurrentAndNon-currentAssetsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentTables" xlink:href="sid-20201231.xsd#PropertyPlantAndEquipmentTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssetsTables" xlink:href="sid-20201231.xsd#IntangibleAssetsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingTables" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsTables" xlink:href="sid-20201231.xsd#FinancialInstrumentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherPayablesTables" xlink:href="sid-20201231.xsd#OtherPayablesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesTables" xlink:href="sid-20201231.xsd#LeasesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradePayablesTables" xlink:href="sid-20201231.xsd#TradePayablesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionsTables" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TaxesInInstallmentsTables" xlink:href="sid-20201231.xsd#TaxesInInstallmentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTables" xlink:href="sid-20201231.xsd#ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsTables" xlink:href="sid-20201231.xsd#ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsTables" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactionsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquityTables" xlink:href="sid-20201231.xsd#ShareholdersEquityTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersCompensationTables" xlink:href="sid-20201231.xsd#ShareholdersCompensationTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/NetRevenueFromSalesTables" xlink:href="sid-20201231.xsd#NetRevenueFromSalesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ExpensesByNatureTables" xlink:href="sid-20201231.xsd#ExpensesByNatureTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherOperatingIncomeAndExpensesTables" xlink:href="sid-20201231.xsd#OtherOperatingIncomeAndExpensesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialIncomeExpensesTables" xlink:href="sid-20201231.xsd#FinancialIncomeExpensesTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SegmentInformationTables" xlink:href="sid-20201231.xsd#SegmentInformationTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsTables" xlink:href="sid-20201231.xsd#EmployeeBenefitsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/CommitmentsTables" xlink:href="sid-20201231.xsd#CommitmentsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/AdditionalInformationToCashFlowsTables" xlink:href="sid-20201231.xsd#AdditionalInformationToCashFlowsTables" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/DescriptionOfBusinessDetailsNarrative" xlink:href="sid-20201231.xsd#DescriptionOfBusinessDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" xlink:href="sid-20201231.xsd#SummaryOfSignificantAccountingPoliciesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ImpactsOfCovid-19DetailsNarrative" xlink:href="sid-20201231.xsd#ImpactsOfCovid-19DetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/CashAndCashEquivalentsDetails" xlink:href="sid-20201231.xsd#CashAndCashEquivalentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInvestmentsDetails" xlink:href="sid-20201231.xsd#FinancialInvestmentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradeReceivablesDetails" xlink:href="sid-20201231.xsd#TradeReceivablesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradeReceivablesDetails1" xlink:href="sid-20201231.xsd#TradeReceivablesDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradeReceivablesDetails2" xlink:href="sid-20201231.xsd#TradeReceivablesDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/InventoriesDetails" xlink:href="sid-20201231.xsd#InventoriesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/InventoriesDetails1" xlink:href="sid-20201231.xsd#InventoriesDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/RecoverableTaxesDetails" xlink:href="sid-20201231.xsd#RecoverableTaxesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsDetails" xlink:href="sid-20201231.xsd#OtherCurrentAndNon-currentAssetsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsDetailsNarrative" xlink:href="sid-20201231.xsd#OtherCurrentAndNon-currentAssetsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails1" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails2" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails3" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails4" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails4" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails5" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails5" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails6" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails6" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails7" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails7" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetailsNarrative" xlink:href="sid-20201231.xsd#BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentDetails" xlink:href="sid-20201231.xsd#PropertyPlantAndEquipmentDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentDetails1" xlink:href="sid-20201231.xsd#PropertyPlantAndEquipmentDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentDetails2" xlink:href="sid-20201231.xsd#PropertyPlantAndEquipmentDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/PropertyPlantAndEquipmentDetailsNarrative" xlink:href="sid-20201231.xsd#PropertyPlantAndEquipmentDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssetsDetails" xlink:href="sid-20201231.xsd#IntangibleAssetsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssetsDetails1" xlink:href="sid-20201231.xsd#IntangibleAssetsDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssetsDetails2" xlink:href="sid-20201231.xsd#IntangibleAssetsDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssetsDetails3" xlink:href="sid-20201231.xsd#IntangibleAssetsDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IntangibleAssetsDetailsNarrative" xlink:href="sid-20201231.xsd#IntangibleAssetsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails1" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails2" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails3" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetails4" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingDetails4" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/BorrowingsAndFinancingDetailsNarrative" xlink:href="sid-20201231.xsd#BorrowingsAndFinancingDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails1" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails2" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails3" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails4" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails4" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails5" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails5" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails6" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails6" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails7" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails7" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails8" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails8" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails9" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails9" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails10" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails10" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails11" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails11" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails12" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails12" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails13" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails13" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails14" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails14" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails15" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails15" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails16" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails16" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails17" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails17" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails18" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails18" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetails19" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetails19" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialInstrumentsDetailsNarrative" xlink:href="sid-20201231.xsd#FinancialInstrumentsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherPayablesDetails" xlink:href="sid-20201231.xsd#OtherPayablesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherPayablesDetailsNarrative" xlink:href="sid-20201231.xsd#OtherPayablesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetails" xlink:href="sid-20201231.xsd#LeasesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetails1" xlink:href="sid-20201231.xsd#LeasesDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetails2" xlink:href="sid-20201231.xsd#LeasesDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetails3" xlink:href="sid-20201231.xsd#LeasesDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetails4" xlink:href="sid-20201231.xsd#LeasesDetails4" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetails5" xlink:href="sid-20201231.xsd#LeasesDetails5" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/LeasesDetailsNarrative" xlink:href="sid-20201231.xsd#LeasesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TradePayablesDetails" xlink:href="sid-20201231.xsd#TradePayablesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails1" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails2" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails3" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails4" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetails4" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails5" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetails5" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/IncomeTaxAndSocialContributionDetailsNarrative" xlink:href="sid-20201231.xsd#IncomeTaxAndSocialContributionDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/TaxesInInstallmentsDetails" xlink:href="sid-20201231.xsd#TaxesInInstallmentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails" xlink:href="sid-20201231.xsd#ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails1" xlink:href="sid-20201231.xsd#ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails2" xlink:href="sid-20201231.xsd#ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetailsNarrative" xlink:href="sid-20201231.xsd#ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetails" xlink:href="sid-20201231.xsd#ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetailsNarrative" xlink:href="sid-20201231.xsd#ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactionsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails1" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactionsDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails2" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactionsDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails3" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactionsDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetailsNarrative" xlink:href="sid-20201231.xsd#Related-partyBalancesAndTransactionsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquityDetails" xlink:href="sid-20201231.xsd#ShareholdersEquityDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquityDetails1" xlink:href="sid-20201231.xsd#ShareholdersEquityDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquityDetails2" xlink:href="sid-20201231.xsd#ShareholdersEquityDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquityDetails3" xlink:href="sid-20201231.xsd#ShareholdersEquityDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersEquityDetailsNarrative" xlink:href="sid-20201231.xsd#ShareholdersEquityDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersCompensationDetails" xlink:href="sid-20201231.xsd#ShareholdersCompensationDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ShareholdersCompensationDetailsNarrative" xlink:href="sid-20201231.xsd#ShareholdersCompensationDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/NetRevenueFromSalesDetails" xlink:href="sid-20201231.xsd#NetRevenueFromSalesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/NetRevenueFromSalesDetailsNarrative" xlink:href="sid-20201231.xsd#NetRevenueFromSalesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ExpensesByNatureDetails" xlink:href="sid-20201231.xsd#ExpensesByNatureDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ExpensesByNatureDetails1" xlink:href="sid-20201231.xsd#ExpensesByNatureDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/ExpensesByNatureDetailsNarrative" xlink:href="sid-20201231.xsd#ExpensesByNatureDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherOperatingIncomeAndExpensesDetails" xlink:href="sid-20201231.xsd#OtherOperatingIncomeAndExpensesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/OtherOperatingIncomeAndExpensesDetailsNarrative" xlink:href="sid-20201231.xsd#OtherOperatingIncomeAndExpensesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialIncomeExpensesDetails" xlink:href="sid-20201231.xsd#FinancialIncomeExpensesDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/FinancialIncomeExpensesDetailsNarrative" xlink:href="sid-20201231.xsd#FinancialIncomeExpensesDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SegmentInformationDetails" xlink:href="sid-20201231.xsd#SegmentInformationDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SegmentInformationDetailsNarrative" xlink:href="sid-20201231.xsd#SegmentInformationDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails1" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails1" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails2" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails2" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails3" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails3" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails4" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails4" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails5" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails5" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails6" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails6" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails7" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails7" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails8" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails8" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails9" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails9" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails10" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails10" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails11" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails11" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails12" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails12" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails13" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails13" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails14" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails14" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails15" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails15" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails16" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails16" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails17" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails17" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetails18" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetails18" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/EmployeeBenefitsDetailsNarrative" xlink:href="sid-20201231.xsd#EmployeeBenefitsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/CommitmentsDetails" xlink:href="sid-20201231.xsd#CommitmentsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/CommitmentsDetailsNarrative" xlink:href="sid-20201231.xsd#CommitmentsDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/InsuranceDetailsNarrative" xlink:href="sid-20201231.xsd#InsuranceDetailsNarrative" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/AdditionalInformationToCashFlowsDetails" xlink:href="sid-20201231.xsd#AdditionalInformationToCashFlowsDetails" xlink:type="simple" />
    <link:roleRef roleURI="http://csn.com.br/role/SubsequentEventsDetailsNarrative" xlink:href="sid-20201231.xsd#SubsequentEventsDetailsNarrative" xlink:type="simple" />
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Cover" xlink:title="00000001 - Document - Cover">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CoverAbstract" xlink:label="loc_deiCoverAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_deiEntityRegistrantName" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityRegistrantName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_deiEntityCentralIndexKey" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCentralIndexKey" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentType" xlink:label="loc_deiDocumentType" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentType" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_deiDocumentPeriodEndDate" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentPeriodEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_deiAmendmentFlag" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAmendmentFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_AmendmentDescription" xlink:label="loc_deiAmendmentDescription" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAmendmentDescription" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_deiCurrentFiscalYearEndDate" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCurrentFiscalYearEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_TradingSymbol" xlink:label="loc_deiTradingSymbol" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiTradingSymbol" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_Security12gTitle" xlink:label="loc_deiSecurity12gTitle" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurity12gTitle" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityInteractiveDataCurrent" xlink:label="loc_deiEntityInteractiveDataCurrent" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityInteractiveDataCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_deiEntityIncorporationStateCountryCode" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityIncorporationStateCountryCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_deiEntityWellKnownSeasonedIssuer" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityWellKnownSeasonedIssuer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_deiEntityVoluntaryFilers" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityVoluntaryFilers" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_deiEntityCurrentReportingStatus" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCurrentReportingStatus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityFilerCategory" xlink:label="loc_deiEntityFilerCategory" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFilerCategory" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_deiEntityEmergingGrowthCompany" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityEmergingGrowthCompany" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityShellCompany" xlink:label="loc_deiEntityShellCompany" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityShellCompany" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentAnnualReport" xlink:label="loc_deiDocumentAnnualReport" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentAnnualReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_IcfrAuditorAttestationFlag" xlink:label="loc_deiIcfrAuditorAttestationFlag" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiIcfrAuditorAttestationFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentShellCompanyReport" xlink:label="loc_deiDocumentShellCompanyReport" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentShellCompanyReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentTransitionReport" xlink:label="loc_deiDocumentTransitionReport" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentTransitionReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityPublicFloat" xlink:label="loc_deiEntityPublicFloat" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityPublicFloat" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_deiEntityCommonStockSharesOutstanding" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCommonStockSharesOutstanding" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_deiDocumentFiscalPeriodFocus" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalPeriodFocus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_deiDocumentFiscalYearFocus" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalYearFocus" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BalanceSheets" xlink:title="00000002 - Statement - Consolidated Balance Sheets">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfFinancialPositionAbstract" xlink:label="loc_ifrs-fullStatementOfFinancialPositionAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssetsAbstract" xlink:label="loc_ifrs-fullAssetsAbstract" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullAssetsAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAssetsAbstract" xlink:label="loc_ifrs-fullCurrentAssetsAbstract" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAssetsAbstract" xlink:to="loc_ifrs-fullCurrentAssetsAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="loc_ifrs-fullCashAndCashEquivalents" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCurrentAssetsAbstract" xlink:to="loc_ifrs-fullCashAndCashEquivalents" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentInvestments" xlink:label="loc_ifrs-fullCurrentInvestments" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCurrentAssetsAbstract" xlink:to="loc_ifrs-fullCurrentInvestments" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherCurrentReceivables" xlink:label="loc_ifrs-fullTradeAndOtherCurrentReceivables" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCurrentAssetsAbstract" xlink:to="loc_ifrs-fullTradeAndOtherCurrentReceivables" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Inventories" xlink:label="loc_ifrs-fullInventories" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCurrentAssetsAbstract" xlink:to="loc_ifrs-fullInventories" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="loc_ifrs-fullCurrentReceivablesFromTaxesOtherThanIncomeTax" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCurrentAssetsAbstract" xlink:to="loc_ifrs-fullCurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentAssets" xlink:label="loc_ifrs-fullOtherCurrentAssets" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCurrentAssetsAbstract" xlink:to="loc_ifrs-fullOtherCurrentAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAssets" xlink:label="loc_ifrs-fullCurrentAssets" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCurrentAssetsAbstract" xlink:to="loc_ifrs-fullCurrentAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentAssetsAbstract" xlink:label="loc_ifrs-fullNoncurrentAssetsAbstract" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAssetsAbstract" xlink:to="loc_ifrs-fullNoncurrentAssetsAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LongtermAssets" xlink:label="loc_sidLongtermAssets" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentAssetsAbstract" xlink:to="loc_sidLongtermAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentDerivativeFinancialAssets" xlink:label="loc_ifrs-fullCurrentDerivativeFinancialAssets" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentAssetsAbstract" xlink:to="loc_ifrs-fullCurrentDerivativeFinancialAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxAssets" xlink:label="loc_ifrs-fullDeferredTaxAssets" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentAssetsAbstract" xlink:to="loc_ifrs-fullDeferredTaxAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentInventories" xlink:label="loc_ifrs-fullNoncurrentInventories" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentAssetsAbstract" xlink:to="loc_ifrs-fullNoncurrentInventories" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="loc_ifrs-fullNoncurrentReceivablesFromTaxesOtherThanIncomeTax" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentAssetsAbstract" xlink:to="loc_ifrs-fullNoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentAssets" xlink:label="loc_ifrs-fullOtherNoncurrentAssets" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentAssetsAbstract" xlink:to="loc_ifrs-fullOtherNoncurrentAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LongtermReceivables" xlink:label="loc_sidLongtermReceivables" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentAssetsAbstract" xlink:to="loc_sidLongtermReceivables" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:label="loc_ifrs-fullInvestmentsInSubsidiariesJointVenturesAndAssociates" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentAssetsAbstract" xlink:to="loc_ifrs-fullInvestmentsInSubsidiariesJointVenturesAndAssociates" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipment" xlink:label="loc_ifrs-fullPropertyPlantAndEquipment" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentAssetsAbstract" xlink:to="loc_ifrs-fullPropertyPlantAndEquipment" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IntangibleAssetsAndGoodwill" xlink:label="loc_ifrs-fullIntangibleAssetsAndGoodwill" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentAssetsAbstract" xlink:to="loc_ifrs-fullIntangibleAssetsAndGoodwill" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentAssets" xlink:label="loc_ifrs-fullNoncurrentAssets" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentAssetsAbstract" xlink:to="loc_ifrs-fullNoncurrentAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Assets" xlink:label="loc_ifrs-fullAssets" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentAssetsAbstract" xlink:to="loc_ifrs-fullAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAndLiabilitiesAbstract" xlink:label="loc_ifrs-fullEquityAndLiabilitiesAbstract" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfFinancialPositionAbstract" xlink:to="loc_ifrs-fullEquityAndLiabilitiesAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLiabilitiesAbstract" xlink:label="loc_ifrs-fullCurrentLiabilitiesAbstract" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEquityAndLiabilitiesAbstract" xlink:to="loc_ifrs-fullCurrentLiabilitiesAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShorttermBorrowings" xlink:label="loc_ifrs-fullShorttermBorrowings" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullShorttermBorrowings" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentProvisionsForEmployeeBenefits" xlink:label="loc_ifrs-fullCurrentProvisionsForEmployeeBenefits" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullCurrentProvisionsForEmployeeBenefits" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers" xlink:label="loc_ifrs-fullTradeAndOtherCurrentPayablesToTradeSuppliers" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullTradeAndOtherCurrentPayablesToTradeSuppliers" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentTaxLiabilitiesCurrent" xlink:label="loc_ifrs-fullCurrentTaxLiabilitiesCurrent" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullCurrentTaxLiabilitiesCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionsForTaxSocialSecurityLaborAndCivilRisks" xlink:label="loc_sidProvisionsForTaxSocialSecurityLaborAndCivilRisks" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCurrentLiabilitiesAbstract" xlink:to="loc_sidProvisionsForTaxSocialSecurityLaborAndCivilRisks" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties" xlink:label="loc_ifrs-fullTradeAndOtherCurrentPayablesToRelatedParties" />
      <link:presentationArc order="290" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullTradeAndOtherCurrentPayablesToRelatedParties" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentDividendPayables" xlink:label="loc_ifrs-fullCurrentDividendPayables" />
      <link:presentationArc order="300" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullCurrentDividendPayables" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentPayables" xlink:label="loc_ifrs-fullOtherCurrentPayables" />
      <link:presentationArc order="310" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullOtherCurrentPayables" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLiabilities" xlink:label="loc_ifrs-fullCurrentLiabilities" />
      <link:presentationArc order="320" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullCurrentLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLiabilitiesAbstract" xlink:label="loc_ifrs-fullNoncurrentLiabilitiesAbstract" />
      <link:presentationArc order="330" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEquityAndLiabilitiesAbstract" xlink:to="loc_ifrs-fullNoncurrentLiabilitiesAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LongtermBorrowings" xlink:label="loc_ifrs-fullLongtermBorrowings" />
      <link:presentationArc order="340" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullLongtermBorrowings" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentPayables" xlink:label="loc_ifrs-fullOtherNoncurrentPayables" />
      <link:presentationArc order="350" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullOtherNoncurrentPayables" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxLiabilities" xlink:label="loc_ifrs-fullDeferredTaxLiabilities" />
      <link:presentationArc order="360" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullDeferredTaxLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentProvisions" xlink:label="loc_ifrs-fullNoncurrentProvisions" />
      <link:presentationArc order="370" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullNoncurrentProvisions" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan" xlink:label="loc_ifrs-fullNoncurrentRecognisedLiabilitiesDefinedBenefitPlan" />
      <link:presentationArc order="380" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullNoncurrentRecognisedLiabilitiesDefinedBenefitPlan" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherLongtermProvisions" xlink:label="loc_ifrs-fullOtherLongtermProvisions" />
      <link:presentationArc order="390" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullOtherLongtermProvisions" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLiabilities" xlink:label="loc_ifrs-fullNoncurrentLiabilities" />
      <link:presentationArc order="400" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNoncurrentLiabilitiesAbstract" xlink:to="loc_ifrs-fullNoncurrentLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAbstract" xlink:label="loc_ifrs-fullEquityAbstract" />
      <link:presentationArc order="410" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEquityAndLiabilitiesAbstract" xlink:to="loc_ifrs-fullEquityAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdditionalPaidinCapital" xlink:label="loc_ifrs-fullAdditionalPaidinCapital" />
      <link:presentationArc order="420" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEquityAbstract" xlink:to="loc_ifrs-fullAdditionalPaidinCapital" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CapitalReserve" xlink:label="loc_ifrs-fullCapitalReserve" />
      <link:presentationArc order="430" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEquityAbstract" xlink:to="loc_ifrs-fullCapitalReserve" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherReserves" xlink:label="loc_ifrs-fullOtherReserves" />
      <link:presentationArc order="440" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEquityAbstract" xlink:to="loc_ifrs-fullOtherReserves" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RetainedEarnings" xlink:label="loc_ifrs-fullRetainedEarnings" />
      <link:presentationArc order="450" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEquityAbstract" xlink:to="loc_ifrs-fullRetainedEarnings" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TreasuryShares" xlink:label="loc_ifrs-fullTreasuryShares" />
      <link:presentationArc order="460" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEquityAbstract" xlink:to="loc_ifrs-fullTreasuryShares" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AccumulatedOtherComprehensiveIncome" xlink:label="loc_ifrs-fullAccumulatedOtherComprehensiveIncome" />
      <link:presentationArc order="470" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEquityAbstract" xlink:to="loc_ifrs-fullAccumulatedOtherComprehensiveIncome" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAttributableToOwnersOfParent" xlink:label="loc_ifrs-fullEquityAttributableToOwnersOfParent" />
      <link:presentationArc order="480" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEquityAbstract" xlink:to="loc_ifrs-fullEquityAttributableToOwnersOfParent" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncontrollingInterests" xlink:label="loc_ifrs-fullNoncontrollingInterests" />
      <link:presentationArc order="490" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEquityAbstract" xlink:to="loc_ifrs-fullNoncontrollingInterests" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Equity" xlink:label="loc_ifrs-fullEquity" />
      <link:presentationArc order="500" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEquityAbstract" xlink:to="loc_ifrs-fullEquity" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAndLiabilities" xlink:label="loc_ifrs-fullEquityAndLiabilities" />
      <link:presentationArc order="510" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEquityAbstract" xlink:to="loc_ifrs-fullEquityAndLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/StatementsOfIncome" xlink:title="00000003 - Statement - Consolidated Statements of Income">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeStatementAbstract" xlink:label="loc_ifrs-fullIncomeStatementAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Revenue" xlink:label="loc_ifrs-fullRevenue" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullRevenue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CostOfSales" xlink:label="loc_ifrs-fullCostOfSales" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullCostOfSales" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossProfit" xlink:label="loc_ifrs-fullGrossProfit" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullGrossProfit" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherOperatingIncomeExpense" xlink:label="loc_ifrs-fullOtherOperatingIncomeExpense" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullOtherOperatingIncomeExpense" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SalesAndMarketingExpense" xlink:label="loc_ifrs-fullSalesAndMarketingExpense" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullSalesAndMarketingExpense" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdministrativeExpense" xlink:label="loc_ifrs-fullAdministrativeExpense" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullAdministrativeExpense" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:label="loc_ifrs-fullShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiscellaneousOtherOperatingIncome" xlink:label="loc_ifrs-fullMiscellaneousOtherOperatingIncome" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullMiscellaneousOtherOperatingIncome" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiscellaneousOtherOperatingExpense" xlink:label="loc_ifrs-fullMiscellaneousOtherOperatingExpense" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossFromOperatingActivities" xlink:label="loc_ifrs-fullProfitLossFromOperatingActivities" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinanceIncome" xlink:label="loc_ifrs-fullFinanceIncome" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullFinanceIncome" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinanceCosts" xlink:label="loc_ifrs-fullFinanceCosts" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullFinanceCosts" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="loc_ifrs-fullProfitLossBeforeTax" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullProfitLossBeforeTax" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="loc_ifrs-fullIncomeTaxExpenseContinuingOperations" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullIncomeTaxExpenseContinuingOperations" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="loc_ifrs-fullProfitLoss" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullProfitLoss" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossAbstract" xlink:label="loc_ifrs-fullProfitLossAbstract" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullProfitLossAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:label="loc_ifrs-fullProfitLossAttributableToOwnersOfParent" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullProfitLossAbstract" xlink:to="loc_ifrs-fullProfitLossAttributableToOwnersOfParent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossAttributableToNoncontrollingInterests" xlink:label="loc_ifrs-fullProfitLossAttributableToNoncontrollingInterests" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullProfitLossAbstract" xlink:to="loc_ifrs-fullProfitLossAttributableToNoncontrollingInterests" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EarningsPerShareAbstract" xlink:label="loc_ifrs-fullEarningsPerShareAbstract" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIncomeStatementAbstract" xlink:to="loc_ifrs-fullEarningsPerShareAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BasicEarningsLossPerShare" xlink:label="loc_ifrs-fullBasicEarningsLossPerShare" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEarningsPerShareAbstract" xlink:to="loc_ifrs-fullBasicEarningsLossPerShare" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DilutedEarningsLossPerShare" xlink:label="loc_ifrs-fullDilutedEarningsLossPerShare" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEarningsPerShareAbstract" xlink:to="loc_ifrs-fullDilutedEarningsLossPerShare" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/StatementsOfComprehensiveIncome" xlink:title="00000004 - Statement - Consolidated Statements of Comprehensive Income">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfComprehensiveIncomeAbstract" xlink:label="loc_ifrs-fullStatementOfComprehensiveIncomeAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="loc_ifrs-fullProfitLoss" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfComprehensiveIncomeAbstract" xlink:to="loc_ifrs-fullProfitLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:label="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfComprehensiveIncomeAbstract" xlink:to="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:label="loc_ifrs-fullOtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="loc_ifrs-fullOtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:label="loc_ifrs-fullOtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="loc_ifrs-fullOtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:label="loc_ifrs-fullOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="loc_ifrs-fullOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:label="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfComprehensiveIncomeAbstract" xlink:to="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:label="loc_ifrs-fullGainsLossesOnExchangeDifferencesOnTranslationNetOfTax" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="loc_ifrs-fullGainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax" xlink:label="loc_ifrs-fullGainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="loc_ifrs-fullGainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax" xlink:label="loc_ifrs-fullGainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="loc_ifrs-fullGainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LossGainOnBusinessCombination" xlink:label="loc_sidLossGainOnBusinessCombination" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="loc_sidLossGainOnBusinessCombination" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:label="loc_ifrs-fullGainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="loc_ifrs-fullGainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:label="loc_ifrs-fullGainsLossesOnCashFlowHedgesNetOfTax" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="loc_ifrs-fullGainsLossesOnCashFlowHedgesNetOfTax" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:label="loc_ifrs-fullReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="loc_ifrs-fullReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes" xlink:label="loc_sidCashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="loc_sidCashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LossgainCashFlowHedgeAccountingPlatts" xlink:label="loc_sidLossgainCashFlowHedgeAccountingPlatts" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="loc_sidLossgainCashFlowHedgeAccountingPlatts" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:label="loc_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="loc_ifrs-fullOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncome" xlink:label="loc_ifrs-fullOtherComprehensiveIncome" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="loc_ifrs-fullOtherComprehensiveIncome" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComprehensiveIncome" xlink:label="loc_ifrs-fullComprehensiveIncome" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract" xlink:to="loc_ifrs-fullComprehensiveIncome" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComprehensiveIncomeAttributableToAbstract" xlink:label="loc_ifrs-fullComprehensiveIncomeAttributableToAbstract" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfComprehensiveIncomeAbstract" xlink:to="loc_ifrs-fullComprehensiveIncomeAttributableToAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent" xlink:label="loc_ifrs-fullComprehensiveIncomeAttributableToOwnersOfParent" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComprehensiveIncomeAttributableToAbstract" xlink:to="loc_ifrs-fullComprehensiveIncomeAttributableToOwnersOfParent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:label="loc_ifrs-fullComprehensiveIncomeAttributableToNoncontrollingInterests" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComprehensiveIncomeAttributableToAbstract" xlink:to="loc_ifrs-fullComprehensiveIncomeAttributableToNoncontrollingInterests" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/StatementsOfCashFlows" xlink:title="00000005 - Statement - Consolidated Statements of Cash Flows">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfCashFlowsAbstract" xlink:label="loc_ifrs-fullStatementOfCashFlowsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="loc_ifrs-fullProfitLoss" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullProfitLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForReconcileProfitLossAbstract" xlink:label="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForFinanceCosts" xlink:label="loc_ifrs-fullAdjustmentsForFinanceCosts" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_ifrs-fullAdjustmentsForFinanceCosts" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherAdjustmentsToReconcileProfitLoss" xlink:label="loc_ifrs-fullOtherAdjustmentsToReconcileProfitLoss" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_ifrs-fullOtherAdjustmentsToReconcileProfitLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense" xlink:label="loc_ifrs-fullAdjustmentsForDepreciationAndAmortisationExpense" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_ifrs-fullAdjustmentsForDepreciationAndAmortisationExpense" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:label="loc_ifrs-fullShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_ifrs-fullShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestExpenseOnLeaseLiabilities" xlink:label="loc_ifrs-fullInterestExpenseOnLeaseLiabilities" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_ifrs-fullInterestExpenseOnLeaseLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDeferredTaxExpense" xlink:label="loc_ifrs-fullAdjustmentsForDeferredTaxExpense" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_ifrs-fullAdjustmentsForDeferredTaxExpense" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForProvisions" xlink:label="loc_ifrs-fullAdjustmentsForProvisions" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_ifrs-fullAdjustmentsForProvisions" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:label="loc_ifrs-fullAdjustmentsForUnrealisedForeignExchangeLossesGains" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_ifrs-fullAdjustmentsForUnrealisedForeignExchangeLossesGains" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets" xlink:label="loc_ifrs-fullIncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:label="loc_ifrs-fullProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_ifrs-fullProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionReversalForConsumptionAndServices" xlink:label="loc_sidProvisionReversalForConsumptionAndServices" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_sidProvisionReversalForConsumptionAndServices" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentsForProvisionsForActuarialLiabilities" xlink:label="loc_sidAdjustmentsForProvisionsForActuarialLiabilities" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_sidAdjustmentsForProvisionsForActuarialLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination" xlink:label="loc_ifrs-fullGainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_ifrs-fullGainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets" xlink:label="loc_ifrs-fullProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_ifrs-fullProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets" xlink:label="loc_sidAdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_sidAdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UpdatedSharesVJR" xlink:label="loc_sidUpdatedSharesVJR" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_sidUpdatedSharesVJR" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReceivablesByIndemnity" xlink:label="loc_sidReceivablesByIndemnity" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_sidReceivablesByIndemnity" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions" xlink:label="loc_ifrs-fullIncreaseDecreaseInExistingProvisionsOtherProvisions" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_ifrs-fullIncreaseDecreaseInExistingProvisionsOtherProvisions" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForReconcileProfitLoss" xlink:label="loc_ifrs-fullAdjustmentsForReconcileProfitLoss" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAdjustmentsForReconcileProfitLossAbstract" xlink:to="loc_ifrs-fullAdjustmentsForReconcileProfitLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:label="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:label="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInTradeAccountReceivable" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:to="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInTradeAccountReceivable" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable" xlink:label="loc_sidAdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:to="loc_sidAdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInInventories" xlink:label="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInInventories" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:to="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInInventories" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" xlink:label="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:to="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInOtherOperatingReceivables" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeTaxesRefundClassifiedAsOperatingActivities" xlink:label="loc_ifrs-fullIncomeTaxesRefundClassifiedAsOperatingActivities" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:to="loc_ifrs-fullIncomeTaxesRefundClassifiedAsOperatingActivities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks" xlink:label="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInDepositsFromBanks" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:to="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInDepositsFromBanks" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:label="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInTradeAccountPayable" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:to="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInTradeAccountPayable" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesDraweeRisk" xlink:label="loc_sidTradePayablesDraweeRisk" />
      <link:presentationArc order="290" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:to="loc_sidTradePayablesDraweeRisk" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" xlink:label="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" />
      <link:presentationArc order="300" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:to="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis" xlink:label="loc_sidAdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis" />
      <link:presentationArc order="310" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:to="loc_sidAdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables" xlink:label="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInOtherOperatingPayables" />
      <link:presentationArc order="320" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:to="loc_ifrs-fullAdjustmentsForIncreaseDecreaseInOtherOperatingPayables" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers" xlink:label="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers" />
      <link:presentationArc order="330" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:to="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestPaidClassifiedAsOperatingActivities" xlink:label="loc_ifrs-fullInterestPaidClassifiedAsOperatingActivities" />
      <link:presentationArc order="340" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:to="loc_ifrs-fullInterestPaidClassifiedAsOperatingActivities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DerivativeInstrumentCashSettlement" xlink:label="loc_sidDerivativeInstrumentCashSettlement" />
      <link:presentationArc order="350" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:to="loc_sidDerivativeInstrumentCashSettlement" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets" xlink:label="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInOtherAssets" />
      <link:presentationArc order="360" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:to="loc_ifrs-fullAdjustmentsForDecreaseIncreaseInOtherAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:label="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" />
      <link:presentationArc order="370" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:to="loc_sidAdjustmentsForIncreaseDecreaseInAssetsAndLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:label="loc_ifrs-fullCashFlowsFromUsedInOperatingActivities" />
      <link:presentationArc order="380" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdjustmentsForChangesInAssetsAndLiabilitiesAbstract" xlink:to="loc_ifrs-fullCashFlowsFromUsedInOperatingActivities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:label="loc_ifrs-fullOtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" />
      <link:presentationArc order="390" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullOtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:label="loc_ifrs-fullPurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" />
      <link:presentationArc order="400" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullPurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashPaymentsForDerivativeTransactions" xlink:label="loc_sidCashPaymentsForDerivativeTransactions" />
      <link:presentationArc order="410" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_sidCashPaymentsForDerivativeTransactions" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:label="loc_ifrs-fullPurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" />
      <link:presentationArc order="420" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullPurchaseOfIntangibleAssetsClassifiedAsInvestingActivities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAdvancesAndLoansMadeToRelatedParties" xlink:label="loc_ifrs-fullCashAdvancesAndLoansMadeToRelatedParties" />
      <link:presentationArc order="430" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullCashAdvancesAndLoansMadeToRelatedParties" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties" xlink:label="loc_ifrs-fullCashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties" />
      <link:presentationArc order="440" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullCashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities" xlink:label="loc_ifrs-fullOtherInflowsOutflowsOfCashClassifiedAsInvestingActivities" />
      <link:presentationArc order="450" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullOtherInflowsOutflowsOfCashClassifiedAsInvestingActivities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashReceiptsFromDiscontinuedOperations" xlink:label="loc_sidCashReceiptsFromDiscontinuedOperations" />
      <link:presentationArc order="460" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_sidCashReceiptsFromDiscontinuedOperations" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromChangesInOwnershipInterestsInSubsidiaries" xlink:label="loc_ifrs-fullProceedsFromChangesInOwnershipInterestsInSubsidiaries" />
      <link:presentationArc order="470" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullProceedsFromChangesInOwnershipInterestsInSubsidiaries" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashReceiptsFromAcquisitionOfControl" xlink:label="loc_sidCashReceiptsFromAcquisitionOfControl" />
      <link:presentationArc order="480" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_sidCashReceiptsFromAcquisitionOfControl" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:label="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" />
      <link:presentationArc order="490" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullCashFlowsFromUsedInInvestingActivities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:label="loc_ifrs-fullProceedsFromBorrowingsClassifiedAsFinancingActivities" />
      <link:presentationArc order="500" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullProceedsFromBorrowingsClassifiedAsFinancingActivities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingCostsIncurred" xlink:label="loc_ifrs-fullBorrowingCostsIncurred" />
      <link:presentationArc order="510" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullBorrowingCostsIncurred" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:label="loc_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities" />
      <link:presentationArc order="520" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AmortizationOfLeases" xlink:label="loc_sidAmortizationOfLeases" />
      <link:presentationArc order="530" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_sidAmortizationOfLeases" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsPaidClassifiedAsFinancingActivities" xlink:label="loc_ifrs-fullDividendsPaidClassifiedAsFinancingActivities" />
      <link:presentationArc order="540" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullDividendsPaidClassifiedAsFinancingActivities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares" xlink:label="loc_ifrs-fullProceedsFromSaleOrIssueOfTreasuryShares" />
      <link:presentationArc order="550" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullProceedsFromSaleOrIssueOfTreasuryShares" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:label="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" />
      <link:presentationArc order="560" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullCashFlowsFromUsedInFinancingActivities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:label="loc_ifrs-fullEffectOfExchangeRateChangesOnCashAndCashEquivalents" />
      <link:presentationArc order="570" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullEffectOfExchangeRateChangesOnCashAndCashEquivalents" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" xlink:label="loc_ifrs-fullIncreaseDecreaseInCashAndCashEquivalents" />
      <link:presentationArc order="580" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullIncreaseDecreaseInCashAndCashEquivalents" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="loc_ifrs-fullCashAndCashEquivalents" />
      <link:presentationArc order="590" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullCashAndCashEquivalents" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="loc_ifrs-fullCashAndCashEquivalents_2" />
      <link:presentationArc order="600" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfCashFlowsAbstract" xlink:to="loc_ifrs-fullCashAndCashEquivalents_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/StatementOfChangesInShareholdersEquity" xlink:title="00000006 - Statement - Consolidated Statement of Changes in Shareholders&apos; Equity">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfChangesInEquityAbstract" xlink:label="loc_ifrs-fullStatementOfChangesInEquityAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfChangesInEquityTable" xlink:label="loc_ifrs-fullStatementOfChangesInEquityTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityAbstract" xlink:to="loc_ifrs-fullStatementOfChangesInEquityTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_StatementOfChangesInEquityLineItems" xlink:label="loc_ifrs-fullStatementOfChangesInEquityLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullStatementOfChangesInEquityLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComponentsOfEquityAxis" xlink:label="loc_ifrs-fullComponentsOfEquityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityTable" xlink:to="loc_ifrs-fullComponentsOfEquityAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityMember" xlink:label="loc_ifrs-fullEquityMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullEquityMember" order="80" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PaidInCapitalMember" xlink:label="loc_sidPaidInCapitalMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_sidPaidInCapitalMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CapitalReserveMember" xlink:label="loc_ifrs-fullCapitalReserveMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullCapitalReserveMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiscellaneousOtherReservesMember" xlink:label="loc_ifrs-fullMiscellaneousOtherReservesMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullMiscellaneousOtherReservesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RetainedEarningsMember" xlink:label="loc_ifrs-fullRetainedEarningsMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullRetainedEarningsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AccumulatedOtherComprehensiveIncomeMember" xlink:label="loc_ifrs-fullAccumulatedOtherComprehensiveIncomeMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullAccumulatedOtherComprehensiveIncomeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAttributableToOwnersOfParentMember" xlink:label="loc_ifrs-fullEquityAttributableToOwnersOfParentMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullEquityAttributableToOwnersOfParentMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncontrollingInterestsMember" xlink:label="loc_ifrs-fullNoncontrollingInterestsMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullNoncontrollingInterestsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Equity" xlink:label="loc_ifrs-fullEquity" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullEquity" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AjustedOpeningBalancesEquity" xlink:label="loc_sidAjustedOpeningBalancesEquity" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidAjustedOpeningBalancesEquity" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IssueOfEquity" xlink:label="loc_ifrs-fullIssueOfEquity" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullIssueOfEquity" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfTreasuryShares" xlink:label="loc_ifrs-fullPurchaseOfTreasuryShares" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullPurchaseOfTreasuryShares" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProposedCapitalIncrease" xlink:label="loc_sidProposedCapitalIncrease" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidProposedCapitalIncrease" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsPaidOrdinaryShares" xlink:label="loc_ifrs-fullDividendsPaidOrdinaryShares" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullDividendsPaidOrdinaryShares" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:label="loc_ifrs-fullPurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullPurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:label="loc_ifrs-fullDividendsRecognisedAsDistributionsToNoncontrollingInterests" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullDividendsRecognisedAsDistributionsToNoncontrollingInterests" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProfitOnDisposalOfShares" xlink:label="loc_sidProfitOnDisposalOfShares" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidProfitOnDisposalOfShares" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ComprehensiveIncomeLoss" xlink:label="loc_sidComprehensiveIncomeLoss" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidComprehensiveIncomeLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="loc_ifrs-fullProfitLoss" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullProfitLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherComprehensiveIncomeLoss" xlink:label="loc_sidOtherComprehensiveIncomeLoss" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidOtherComprehensiveIncomeLoss" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:label="loc_ifrs-fullGainsLossesOnExchangeDifferencesOnTranslationNetOfTax" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullGainsLossesOnExchangeDifferencesOnTranslationNetOfTax" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialGainsLossesNetDefinedBenefitLiabilityAsset" xlink:label="loc_sidActuarialGainsLossesNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidActuarialGainsLossesNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnAvailableforsaleFinancialAssets" xlink:label="loc_ifrs-fullGainsLossesOnAvailableforsaleFinancialAssets" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullGainsLossesOnAvailableforsaleFinancialAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1" xlink:label="loc_sidGainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidGainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnHedgingInstrument" xlink:label="loc_ifrs-fullGainsLossesOnHedgingInstrument" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullGainsLossesOnHedgingInstrument" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:label="loc_ifrs-fullGainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullGainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GainLossOnBusinessCombination" xlink:label="loc_sidGainLossOnBusinessCombination" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidGainLossOnBusinessCombination" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InternalChangesInShareholdersEquity" xlink:label="loc_sidInternalChangesInShareholdersEquity" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidInternalChangesInShareholdersEquity" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves" xlink:label="loc_sidIncreaseDecreaseThroughTransferToMiscellaneousOtherReserves" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidIncreaseDecreaseThroughTransferToMiscellaneousOtherReserves" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NoncontrollingInterestsInSubsidiaries" xlink:label="loc_sidNoncontrollingInterestsInSubsidiaries" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_sidNoncontrollingInterestsInSubsidiaries" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Equity" xlink:label="loc_ifrs-fullEquity_2" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullStatementOfChangesInEquityLineItems" xlink:to="loc_ifrs-fullEquity_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/DescriptionOfBusiness" xlink:title="00000007 - Disclosure - 1. DESCRIPTION OF BUSINESS">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfBusinessAbstract" xlink:label="loc_sidDescriptionOfBusinessAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfDescriptionOfBusinessExplanatory" xlink:label="loc_sidDisclosureOfDescriptionOfBusinessExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDescriptionOfBusinessAbstract" xlink:to="loc_sidDisclosureOfDescriptionOfBusinessExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/SummaryOfSignificantAccountingPolicies" xlink:title="00000008 - Disclosure - 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfChangesInAccountingEstimatesAbstract" xlink:label="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:label="loc_ifrs-fullDisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesAbstract" xlink:to="loc_ifrs-fullDisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ImpactsOfCovid-19" xlink:title="00000009 - Disclosure - 3. IMPACTS OF COVID-19">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ImapctsOfCovid19Abstract" xlink:label="loc_sidImapctsOfCovid19Abstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfImpactsOfCovid19Explanatory" xlink:label="loc_sidDisclosureOfImpactsOfCovid19Explanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidImapctsOfCovid19Abstract" xlink:to="loc_sidDisclosureOfImpactsOfCovid19Explanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/CashAndCashEquivalents" xlink:title="00000010 - Disclosure - 4. CASH AND CASH EQUIVALENTS">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashAndCashEquivalentAbstract" xlink:label="loc_sidCashAndCashEquivalentAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory" xlink:label="loc_ifrs-fullDisclosureOfCashAndCashEquivalentsExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidCashAndCashEquivalentAbstract" xlink:to="loc_ifrs-fullDisclosureOfCashAndCashEquivalentsExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInvestments" xlink:title="00000011 - Disclosure - 5. FINANCIAL INVESTMENTS">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfFinancialInvestmentsAbstract" xlink:label="loc_sidDisclosureOfFinancialInvestmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfFinancialInvestmentsExplanatory" xlink:label="loc_sidDisclosureOfFinancialInvestmentsExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfFinancialInvestmentsAbstract" xlink:to="loc_sidDisclosureOfFinancialInvestmentsExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradeReceivables" xlink:title="00000012 - Disclosure - 6. TRADE RECEIVABLES">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherReceivablesAbstract" xlink:label="loc_ifrs-fullTradeAndOtherReceivablesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory" xlink:label="loc_ifrs-fullDisclosureOfTradeAndOtherReceivablesExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTradeAndOtherReceivablesAbstract" xlink:to="loc_ifrs-fullDisclosureOfTradeAndOtherReceivablesExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Inventories" xlink:title="00000013 - Disclosure - 7. INVENTORIES">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoriesAbstract" xlink:label="loc_sidInventoriesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfInventoriesExplanatory" xlink:label="loc_ifrs-fullDisclosureOfInventoriesExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidInventoriesAbstract" xlink:to="loc_ifrs-fullDisclosureOfInventoriesExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/RecoverableTaxes" xlink:title="00000014 - Disclosure - 8. RECOVERABLE TAXES">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecoverableTaxesAbstract" xlink:label="loc_sidRecoverableTaxesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfRecoverableTaxesExplanatory" xlink:label="loc_sidDisclosureOfRecoverableTaxesExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidRecoverableTaxesAbstract" xlink:to="loc_sidDisclosureOfRecoverableTaxesExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherCurrentAndNon-currentAssets" xlink:title="00000015 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherCurrentAndNoncurrentAssetsAbstract" xlink:label="loc_sidOtherCurrentAndNoncurrentAssetsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory" xlink:label="loc_ifrs-fullDisclosureOfOtherNoncurrentAssetsExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherCurrentAndNoncurrentAssetsAbstract" xlink:to="loc_ifrs-fullDisclosureOfOtherNoncurrentAssetsExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliates" xlink:title="00000016 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfJointVenturesExplanatory" xlink:label="loc_ifrs-fullDisclosureOfJointVenturesExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_ifrs-fullDisclosureOfJointVenturesExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/PropertyPlantAndEquipment" xlink:title="00000017 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentAbstract" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssets" xlink:title="00000018 - Disclosure - 12. INTANGIBLE ASSETS">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsExplanatory" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsAbstract" xlink:to="loc_ifrs-fullDisclosureOfIntangibleAssetsExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancing" xlink:title="00000019 - Disclosure - 13. BORROWINGS AND FINANCING">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingAbstract" xlink:label="loc_sidBorrowingsAndFinancingAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfBorrowingsExplanatory" xlink:label="loc_ifrs-fullDisclosureOfBorrowingsExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_ifrs-fullDisclosureOfBorrowingsExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstruments" xlink:title="00000020 - Disclosure - 14. FINANCIAL INSTRUMENTS">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsExplanatory" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherPayables" xlink:title="00000021 - Disclosure - 15. OTHER PAYABLES">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPayablesAbstract" xlink:label="loc_sidOtherPayablesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory" xlink:label="loc_ifrs-fullDisclosureOfTradeAndOtherPayablesExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesAbstract" xlink:to="loc_ifrs-fullDisclosureOfTradeAndOtherPayablesExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Leases" xlink:title="00000022 - Disclosure - 16. LEASES">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PresentationOfLeasesForLesseeAbstract" xlink:label="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfLeasesExplanatory" xlink:label="loc_ifrs-fullDisclosureOfLeasesExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_ifrs-fullDisclosureOfLeasesExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradePayables" xlink:title="00000023 - Disclosure - 17. TRADE PAYABLES">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesAbstract" xlink:label="loc_sidTradePayablesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfTradePayablesExplanatory" xlink:label="loc_sidDisclosureOfTradePayablesExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradePayablesAbstract" xlink:to="loc_sidDisclosureOfTradePayablesExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributions" xlink:title="00000024 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTIONS">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionAbstract" xlink:label="loc_sidIncomeTaxAndSocialContributionAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfIncomeTaxAndSocialContributionExplanatory" xlink:label="loc_sidDisclosureOfIncomeTaxAndSocialContributionExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_sidDisclosureOfIncomeTaxAndSocialContributionExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TaxesInInstallments" xlink:title="00000025 - Disclosure - 19. TAXES IN INSTALLMENTS">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesInInstallmentsAbstract" xlink:label="loc_sidTaxesInInstallmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfTaxesInInstallmentsExplanatory" xlink:label="loc_sidDisclosureOfTaxesInInstallmentsExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTaxesInInstallmentsAbstract" xlink:to="loc_sidDisclosureOfTaxesInInstallmentsExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDeposits" xlink:title="00000026 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:label="loc_ifrs-fullDisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" xlink:to="loc_ifrs-fullDisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligations" xlink:title="00000027 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMENT OBLIGATIONS">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract" xlink:label="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationsExplanatory" xlink:label="loc_sidDisclosureOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationsExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract" xlink:to="loc_sidDisclosureOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationsExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactions" xlink:title="00000028 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfRelatedPartyExplanatory" xlink:label="loc_ifrs-fullDisclosureOfRelatedPartyExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_ifrs-fullDisclosureOfRelatedPartyExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquity" xlink:title="00000029 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:label="loc_ifrs-fullDisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" xlink:to="loc_ifrs-fullDisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersCompensation" xlink:title="00000030 - Disclosure - 24. Shareholders&apos; Compensation">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ShareholdersCompensationAbstract" xlink:label="loc_sidShareholdersCompensationAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfShareholdersCompensationExplanatory" xlink:label="loc_sidDisclosureOfShareholdersCompensationExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidShareholdersCompensationAbstract" xlink:to="loc_sidDisclosureOfShareholdersCompensationExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/NetRevenueFromSales" xlink:title="00000031 - Disclosure - 25. NET REVENUE FROM SALES">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetRevenueFromSalesAbstract" xlink:label="loc_sidNetRevenueFromSalesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfRevenueExplanatory" xlink:label="loc_ifrs-fullDisclosureOfRevenueExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidNetRevenueFromSalesAbstract" xlink:to="loc_ifrs-fullDisclosureOfRevenueExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ExpensesByNature" xlink:title="00000032 - Disclosure - 26. EXPENSES BY NATURE">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ExpenseByNatureAbstract" xlink:label="loc_ifrs-fullExpenseByNatureAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfExpensesByNatureExplanatory" xlink:label="loc_ifrs-fullDisclosureOfExpensesByNatureExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_ifrs-fullDisclosureOfExpensesByNatureExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherOperatingIncomeAndExpenses" xlink:title="00000033 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingInconeAndExpensesAbstarct" xlink:label="loc_sidOtherOperatingInconeAndExpensesAbstarct" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:label="loc_ifrs-fullDisclosureOfOtherOperatingIncomeExpenseExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingInconeAndExpensesAbstarct" xlink:to="loc_ifrs-fullDisclosureOfOtherOperatingIncomeExpenseExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialIncomeExpenses" xlink:title="00000034 - Disclosure - 28. FINANCIAL INCOME (EXPENSES)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfFinancialIncomeExpensesAbstract" xlink:label="loc_sidDisclosureOfFinancialIncomeExpensesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory" xlink:label="loc_ifrs-fullDisclosureOfFinanceIncomeExpenseExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfFinancialIncomeExpensesAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinanceIncomeExpenseExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/SegmentInformation" xlink:title="00000035 - Disclosure - 29. SEGMENT INFORMATION">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfOperatingSegmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory" xlink:label="loc_ifrs-fullDisclosureOfEntitysReportableSegmentsExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfEntitysReportableSegmentsExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefits" xlink:title="00000036 - Disclosure - 30. EMPLOYEE BENEFITS">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfEmployeeBenefitsExplanatory" xlink:label="loc_ifrs-fullDisclosureOfEmployeeBenefitsExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfEmployeeBenefitsExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Commitments" xlink:title="00000037 - Disclosure - 31. COMMITMENTS">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfCommitmentsAbstract" xlink:label="loc_sidDisclosureOfCommitmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfCommitmentsExplanatory" xlink:label="loc_ifrs-fullDisclosureOfCommitmentsExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfCommitmentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfCommitmentsExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Insurance" xlink:title="00000038 - Disclosure - 32. INSURANCE">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTypesOfInsuranceContractsAbstract" xlink:label="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfInsuranceContractsExplanatory" xlink:label="loc_ifrs-fullDisclosureOfInsuranceContractsExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsAbstract" xlink:to="loc_ifrs-fullDisclosureOfInsuranceContractsExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/AdditionalInformationToCashFlows" xlink:title="00000039 - Disclosure - 33. ADDITIONAL INFORMATION TO CASH FLOWS">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionalInformationToCashFlowsAbstract" xlink:label="loc_sidAdditionalInformationToCashFlowsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfCashFlowStatementExplanatory" xlink:label="loc_ifrs-fullDisclosureOfCashFlowStatementExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdditionalInformationToCashFlowsAbstract" xlink:to="loc_ifrs-fullDisclosureOfCashFlowStatementExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/SubsequentEvents" xlink:title="00000040 - Disclosure - 34. SUBSEQUENT EVENTS">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:label="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory" xlink:label="loc_ifrs-fullDisclosureOfEventsAfterReportingPeriodExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:to="loc_ifrs-fullDisclosureOfEventsAfterReportingPeriodExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/SummaryOfSignificantAccountingPoliciesPolicies" xlink:title="00000041 - Disclosure - 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfChangesInAccountingEstimatesAbstract" xlink:label="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:label="loc_ifrs-fullDisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesAbstract" xlink:to="loc_ifrs-fullDisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfBasisOfConsolidationExplanatory" xlink:label="loc_ifrs-fullDisclosureOfBasisOfConsolidationExplanatory" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesAbstract" xlink:to="loc_ifrs-fullDisclosureOfBasisOfConsolidationExplanatory" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:label="loc_ifrs-fullDescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesAbstract" xlink:to="loc_ifrs-fullDescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfAccountingPolicyForExplanatoryNotesForBasisOfPresentationExplanatory" xlink:label="loc_sidDescriptionOfAccountingPolicyForExplanatoryNotesForBasisOfPresentationExplanatory" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesAbstract" xlink:to="loc_sidDescriptionOfAccountingPolicyForExplanatoryNotesForBasisOfPresentationExplanatory" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations" xlink:label="loc_ifrs-fullDescriptionOfInitialApplicationOfStandardsOrInterpretations" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesAbstract" xlink:to="loc_ifrs-fullDescriptionOfInitialApplicationOfStandardsOrInterpretations" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/CashAndCashEquivalentsTables" xlink:title="00000042 - Disclosure - 4. CASH AND CASH EQUIVALENTS (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashAndCashEquivalentAbstract" xlink:label="loc_sidCashAndCashEquivalentAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfCashAndCashEquivalentsTableTextBlock" xlink:label="loc_sidSummaryOfCashAndCashEquivalentsTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidCashAndCashEquivalentAbstract" xlink:to="loc_sidSummaryOfCashAndCashEquivalentsTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInvestmentsTables" xlink:title="00000043 - Disclosure - 5. FINANCIAL INVESTMENTS (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfFinancialInvestmentsAbstract" xlink:label="loc_sidDisclosureOfFinancialInvestmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DetailInformationOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:label="loc_sidDetailInformationOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfFinancialInvestmentsAbstract" xlink:to="loc_sidDetailInformationOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradeReceivablesTables" xlink:title="00000044 - Disclosure - 6. TRADE RECEIVABLES (Tables)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherReceivablesAbstract" xlink:label="loc_ifrs-fullTradeAndOtherReceivablesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfTradeReceivablesTableTextBlock" xlink:label="loc_sidSummaryOfTradeReceivablesTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTradeAndOtherReceivablesAbstract" xlink:to="loc_sidSummaryOfTradeReceivablesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfGrossTradeReceivablesFromThirdPartiesTableTextBlock" xlink:label="loc_sidSummaryOfGrossTradeReceivablesFromThirdPartiesTableTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTradeAndOtherReceivablesAbstract" xlink:to="loc_sidSummaryOfGrossTradeReceivablesFromThirdPartiesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfChangesInAllowanceForDoubtfulDebtsTableTextBlock" xlink:label="loc_sidSummaryOfChangesInAllowanceForDoubtfulDebtsTableTextBlock" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTradeAndOtherReceivablesAbstract" xlink:to="loc_sidSummaryOfChangesInAllowanceForDoubtfulDebtsTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/InventoriesTables" xlink:title="00000045 - Disclosure - 7. INVENTORIES (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoriesAbstract" xlink:label="loc_sidInventoriesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfInventoryTableTextBlock" xlink:label="loc_sidSummaryOfInventoryTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidInventoriesAbstract" xlink:to="loc_sidSummaryOfInventoryTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfChangesInProvisionForInventoryLossesTableTextBlock" xlink:label="loc_sidSummaryOfChangesInProvisionForInventoryLossesTableTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidInventoriesAbstract" xlink:to="loc_sidSummaryOfChangesInProvisionForInventoryLossesTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/RecoverableTaxesTables" xlink:title="00000046 - Disclosure - 8. RECOVERABLE TAXES (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecoverableTaxesAbstract" xlink:label="loc_sidRecoverableTaxesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfRecoverableTaxesTableTextBlock" xlink:label="loc_sidSummaryOfRecoverableTaxesTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidRecoverableTaxesAbstract" xlink:to="loc_sidSummaryOfRecoverableTaxesTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsTables" xlink:title="00000047 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherCurrentAndNoncurrentAssetsAbstract" xlink:label="loc_sidOtherCurrentAndNoncurrentAssetsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfOtherCurrentAndNoncurrentAssetsTableTextBlock" xlink:label="loc_sidSummaryOfOtherCurrentAndNoncurrentAssetsTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherCurrentAndNoncurrentAssetsAbstract" xlink:to="loc_sidSummaryOfOtherCurrentAndNoncurrentAssetsTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables" xlink:title="00000048 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfDirectAndIndirectSubsidiariesJointVenturesAndJointOperationsTableTextBlock" xlink:label="loc_sidSummaryOfDirectAndIndirectSubsidiariesJointVenturesAndJointOperationsTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidSummaryOfDirectAndIndirectSubsidiariesJointVenturesAndJointOperationsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfDirectEquityInterestsInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock" xlink:label="loc_sidSummaryOfDirectEquityInterestsInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidSummaryOfDirectEquityInterestsInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfChangesOfInvestmentsBalancesInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock" xlink:label="loc_sidSummaryOfChangesOfInvestmentsBalancesInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidSummaryOfChangesOfInvestmentsBalancesInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfEquityInResultsTableTextBlock" xlink:label="loc_sidSummaryOfEquityInResultsTableTextBlock" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidSummaryOfEquityInResultsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfJointVenturesAndJointOperationsFinancialInformationTableTextBlock" xlink:label="loc_sidSummaryOfJointVenturesAndJointOperationsFinancialInformationTableTextBlock" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidSummaryOfJointVenturesAndJointOperationsFinancialInformationTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfMeasurementOfRecoverableValueTableTextBlock" xlink:label="loc_sidScheduleOfMeasurementOfRecoverableValueTableTextBlock" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidScheduleOfMeasurementOfRecoverableValueTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfInvestmentPropertiesTableTextBlock" xlink:label="loc_sidSummaryOfInvestmentPropertiesTableTextBlock" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidSummaryOfInvestmentPropertiesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfAverageEstimatedUsefulLivesTableTextBlock" xlink:label="loc_sidScheduleOfAverageEstimatedUsefulLivesTableTextBlock" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidScheduleOfAverageEstimatedUsefulLivesTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/PropertyPlantAndEquipmentTables" xlink:title="00000049 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Tables)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfPropertyPlantAndEquipmentTableTextBlock" xlink:label="loc_sidSummaryOfPropertyPlantAndEquipmentTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentAbstract" xlink:to="loc_sidSummaryOfPropertyPlantAndEquipmentTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfRightsOfUseTableTextBlock" xlink:label="loc_sidScheduleOfRightsOfUseTableTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentAbstract" xlink:to="loc_sidScheduleOfRightsOfUseTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfEstimatedUsefulLivesTableTextBlock" xlink:label="loc_sidSummaryOfEstimatedUsefulLivesTableTextBlock" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentAbstract" xlink:to="loc_sidSummaryOfEstimatedUsefulLivesTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssetsTables" xlink:title="00000050 - Disclosure - 12. INTANGIBLE ASSETS (Tables)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfIntangibleAssetsTableTextBlock" xlink:label="loc_sidSummaryOfIntangibleAssetsTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsAbstract" xlink:to="loc_sidSummaryOfIntangibleAssetsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock" xlink:label="loc_sidSummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsAbstract" xlink:to="loc_sidSummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfCashGeneratingUnitsTableTextBlock" xlink:label="loc_sidSummaryOfCashGeneratingUnitsTableTextBlock" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsAbstract" xlink:to="loc_sidSummaryOfCashGeneratingUnitsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfAssumptionsForIntangibleAssetImpairmentTestTableTextBlock" xlink:label="loc_sidSummaryOfAssumptionsForIntangibleAssetImpairmentTestTableTextBlock" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsAbstract" xlink:to="loc_sidSummaryOfAssumptionsForIntangibleAssetImpairmentTestTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingTables" xlink:title="00000051 - Disclosure - 13. BORROWINGS AND FINANCING (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingAbstract" xlink:label="loc_sidBorrowingsAndFinancingAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfBorrowingsFinancingAndDebenturesTableTextBlock" xlink:label="loc_sidSummaryOfBorrowingsFinancingAndDebenturesTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_sidSummaryOfBorrowingsFinancingAndDebenturesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfAverageInterestRateOnBorrowingsTableTextBlock" xlink:label="loc_sidSummaryOfAverageInterestRateOnBorrowingsTableTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_sidSummaryOfAverageInterestRateOnBorrowingsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfMaturitiesOfBorrowingsFinancingAndDebenturesTableTextBlock" xlink:label="loc_sidSummaryOfMaturitiesOfBorrowingsFinancingAndDebenturesTableTextBlock" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_sidSummaryOfMaturitiesOfBorrowingsFinancingAndDebenturesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfNewFundingTransactionsAndAmortizationTableTextBlock" xlink:label="loc_sidSummaryOfNewFundingTransactionsAndAmortizationTableTextBlock" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_sidSummaryOfNewFundingTransactionsAndAmortizationTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfGroupCapturesAndAmortizedLoansTableTextBlock" xlink:label="loc_sidSummaryOfGroupCapturesAndAmortizedLoansTableTextBlock" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_sidSummaryOfGroupCapturesAndAmortizedLoansTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsTables" xlink:title="00000052 - Disclosure - 14. FINANCIAL INSTRUMENTS (Tables)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfFinancialInstrumentsTableTextBlock" xlink:label="loc_sidSummaryOfFinancialInstrumentsTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidSummaryOfFinancialInstrumentsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfFinancialInstrumentsAtFairValueThroughProfitOrLossTableTextBlock" xlink:label="loc_sidSummaryOfFinancialInstrumentsAtFairValueThroughProfitOrLossTableTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidSummaryOfFinancialInstrumentsAtFairValueThroughProfitOrLossTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfOtherOperatingIncomeAndExpensesTableTextBlock" xlink:label="loc_sidScheduleOfOtherOperatingIncomeAndExpensesTableTextBlock" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidScheduleOfOtherOperatingIncomeAndExpensesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfForeignExchangeExposureTableTextBlock" xlink:label="loc_sidSummaryOfForeignExchangeExposureTableTextBlock" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidSummaryOfForeignExchangeExposureTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfCurrenciesUsedInSensitivityAnalysisTableTextBlock" xlink:label="loc_sidSummaryOfCurrenciesUsedInSensitivityAnalysisTableTextBlock" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidSummaryOfCurrenciesUsedInSensitivityAnalysisTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfSensitivityAnalysisEffectsOnIncomeStatementTableTextBlock" xlink:label="loc_sidSummaryOfSensitivityAnalysisEffectsOnIncomeStatementTableTextBlock" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidSummaryOfSensitivityAnalysisEffectsOnIncomeStatementTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfSensitivityAnalysisEffectsOnClassOfSharesTableTextBlock" xlink:label="loc_sidScheduleOfSensitivityAnalysisEffectsOnClassOfSharesTableTextBlock" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidScheduleOfSensitivityAnalysisEffectsOnClassOfSharesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfSensitivityAnalysisOfInterestRateSwapsTableTextBlock" xlink:label="loc_sidSummaryOfSensitivityAnalysisOfInterestRateSwapsTableTextBlock" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidSummaryOfSensitivityAnalysisOfInterestRateSwapsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfSensitivityAnalysisOfPriceRisksPlattsIndexTableTextBlock" xlink:label="loc_sidScheduleOfSensitivityAnalysisOfPriceRisksPlattsIndexTableTextBlock" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidScheduleOfSensitivityAnalysisOfPriceRisksPlattsIndexTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfDollarEuroSwapTableTextBlock" xlink:label="loc_sidSummaryOfDollarEuroSwapTableTextBlock" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidSummaryOfDollarEuroSwapTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfHedgingInstrumentsTableTextBlock" xlink:label="loc_sidSummaryOfHedgingInstrumentsTableTextBlock" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidSummaryOfHedgingInstrumentsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfChangesInHedgeAccountingTableTextBlock" xlink:label="loc_sidSummaryOfChangesInHedgeAccountingTableTextBlock" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidSummaryOfChangesInHedgeAccountingTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfReclassifiedToOtherOperatingIncomeAndExpensesTableTextBlock" xlink:label="loc_sidScheduleOfReclassifiedToOtherOperatingIncomeAndExpensesTableTextBlock" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidScheduleOfReclassifiedToOtherOperatingIncomeAndExpensesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfChangesInHedgeAccountingPlattsTableTextBlock" xlink:label="loc_sidScheduleOfChangesInHedgeAccountingPlattsTableTextBlock" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidScheduleOfChangesInHedgeAccountingPlattsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfNonDerivativeFinancialLiabilitiesTableTextBlock" xlink:label="loc_sidSummaryOfNonDerivativeFinancialLiabilitiesTableTextBlock" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidSummaryOfNonDerivativeFinancialLiabilitiesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfBalanceSheetAndStatementOfIncome" xlink:label="loc_sidScheduleOfBalanceSheetAndStatementOfIncome" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidScheduleOfBalanceSheetAndStatementOfIncome" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfChangesInNetInvestmentHedgeTableTextBlock" xlink:label="loc_sidSummaryOfChangesInNetInvestmentHedgeTableTextBlock" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidSummaryOfChangesInNetInvestmentHedgeTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfContractualMaturitiesOfFinancialLiabilitiesTableTextBlock" xlink:label="loc_sidSummaryOfContractualMaturitiesOfFinancialLiabilitiesTableTextBlock" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidSummaryOfContractualMaturitiesOfFinancialLiabilitiesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfFairValuesOfAssetsAndLiabilitiesTableTextBlock" xlink:label="loc_sidScheduleOfFairValuesOfAssetsAndLiabilitiesTableTextBlock" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidScheduleOfFairValuesOfAssetsAndLiabilitiesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfCapitalManagementTableTextBlock" xlink:label="loc_sidScheduleOfCapitalManagementTableTextBlock" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_sidScheduleOfCapitalManagementTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherPayablesTables" xlink:title="00000053 - Disclosure - 15. OTHER PAYABLES (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPayablesAbstract" xlink:label="loc_sidOtherPayablesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfOtherPayablesTableTextBlock" xlink:label="loc_sidSummaryOfOtherPayablesTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesAbstract" xlink:to="loc_sidSummaryOfOtherPayablesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfLeaseLiabilitiesTableTextBlock" xlink:label="loc_sidScheduleOfLeaseLiabilitiesTableTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesAbstract" xlink:to="loc_sidScheduleOfLeaseLiabilitiesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfOperatingLeaseCommitments" xlink:label="loc_sidScheduleOfOperatingLeaseCommitments" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesAbstract" xlink:to="loc_sidScheduleOfOperatingLeaseCommitments" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfAverageRatesUsedMeasureLeaseTableTextBlock" xlink:label="loc_sidScheduleOfAverageRatesUsedMeasureLeaseTableTextBlock" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesAbstract" xlink:to="loc_sidScheduleOfAverageRatesUsedMeasureLeaseTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfChangesInLeaseLiabilitiesTableTextBlock" xlink:label="loc_sidScheduleOfChangesInLeaseLiabilitiesTableTextBlock" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesAbstract" xlink:to="loc_sidScheduleOfChangesInLeaseLiabilitiesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfMinimumFuturePaymentsTableTextBlock" xlink:label="loc_sidScheduleOfMinimumFuturePaymentsTableTextBlock" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesAbstract" xlink:to="loc_sidScheduleOfMinimumFuturePaymentsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfPisAndCofinsRecoverableTableTextBlock" xlink:label="loc_sidScheduleOfPisAndCofinsRecoverableTableTextBlock" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesAbstract" xlink:to="loc_sidScheduleOfPisAndCofinsRecoverableTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfExpensesRelatedToPaymentsTableTextBlock" xlink:label="loc_sidScheduleOfExpensesRelatedToPaymentsTableTextBlock" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesAbstract" xlink:to="loc_sidScheduleOfExpensesRelatedToPaymentsTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesTables" xlink:title="00000054 - Disclosure - 16. LEASES (Tables)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PresentationOfLeasesForLesseeAbstract" xlink:label="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfLeaseLiabilities" xlink:label="loc_sidScheduleOfLeaseLiabilities" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidScheduleOfLeaseLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfMovementOfLeaseLiabilitiesTableTextBlock" xlink:label="loc_sidScheduleOfMovementOfLeaseLiabilitiesTableTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidScheduleOfMovementOfLeaseLiabilitiesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfEstimatedFutureMinimumPaymentsForLeaseAgreementsTableTextBlock" xlink:label="loc_sidScheduleOfEstimatedFutureMinimumPaymentsForLeaseAgreementsTableTextBlock" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidScheduleOfEstimatedFutureMinimumPaymentsForLeaseAgreementsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecoverablePisCofinsTableTextBlock" xlink:label="loc_sidRecoverablePisCofinsTableTextBlock" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidRecoverablePisCofinsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfMeasurementOfLeaseLiabilityTableTextBlock" xlink:label="loc_sidScheduleOfMeasurementOfLeaseLiabilityTableTextBlock" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidScheduleOfMeasurementOfLeaseLiabilityTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfComparativeBalancesOfLeaseLiabilitiesTableTextBlock" xlink:label="loc_sidScheduleOfComparativeBalancesOfLeaseLiabilitiesTableTextBlock" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidScheduleOfComparativeBalancesOfLeaseLiabilitiesTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradePayablesTables" xlink:title="00000055 - Disclosure - 17. TRADE PAYABLES (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesAbstract" xlink:label="loc_sidTradePayablesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfTradePayablesTableTextBlock" xlink:label="loc_sidScheduleOfTradePayablesTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradePayablesAbstract" xlink:to="loc_sidScheduleOfTradePayablesTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionsTables" xlink:title="00000056 - Disclosure - 18.INCOME TAX AND SOCIAL CONTRIBUTIONS  (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionAbstract" xlink:label="loc_sidIncomeTaxAndSocialContributionAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock" xlink:label="loc_sidSummaryOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_sidSummaryOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfReconciliationOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock" xlink:label="loc_sidSummaryOfReconciliationOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_sidSummaryOfReconciliationOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfDeferredIncomeTaxAndSocialContributionTableTextBlock" xlink:label="loc_sidSummaryOfDeferredIncomeTaxAndSocialContributionTableTextBlock" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_sidSummaryOfDeferredIncomeTaxAndSocialContributionTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfEstimatedRecoveryOfDeferredTaxAssetsTableTextBlock" xlink:label="loc_sidScheduleOfEstimatedRecoveryOfDeferredTaxAssetsTableTextBlock" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_sidScheduleOfEstimatedRecoveryOfDeferredTaxAssetsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfInventoriesIncomeTaxAndSocialContributionRecognizedInShareholdersEquityExplanatory" xlink:label="loc_sidDisclosureOfInventoriesIncomeTaxAndSocialContributionRecognizedInShareholdersEquityExplanatory" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_sidDisclosureOfInventoriesIncomeTaxAndSocialContributionRecognizedInShareholdersEquityExplanatory" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfDeferredTaxAssetsOnTaxLossesAndTemporaryDifferencesTableTextBlock" xlink:label="loc_sidSummaryOfDeferredTaxAssetsOnTaxLossesAndTemporaryDifferencesTableTextBlock" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_sidSummaryOfDeferredTaxAssetsOnTaxLossesAndTemporaryDifferencesTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TaxesInInstallmentsTables" xlink:title="00000057 - Disclosure - 19. TAXES IN INSTALLMENTS (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesInInstallmentsAbstract" xlink:label="loc_sidTaxesInInstallmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfTaxesInInstallmentsTableTextBlock" xlink:label="loc_sidSummaryOfTaxesInInstallmentsTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTaxesInInstallmentsAbstract" xlink:to="loc_sidSummaryOfTaxesInInstallmentsTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTables" xlink:title="00000058 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfAccruedAmountsAndJudicialDepositsTableTextBlock" xlink:label="loc_sidSummaryOfAccruedAmountsAndJudicialDepositsTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" xlink:to="loc_sidSummaryOfAccruedAmountsAndJudicialDepositsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfChangesInProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksTableTextBlock" xlink:label="loc_sidSummaryOfChangesInProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksTableTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" xlink:to="loc_sidSummaryOfChangesInProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfLegalMattersWithPossibleRiskOfLossTableTextBlock" xlink:label="loc_sidSummaryOfLegalMattersWithPossibleRiskOfLossTableTextBlock" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" xlink:to="loc_sidSummaryOfLegalMattersWithPossibleRiskOfLossTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsTables" xlink:title="00000059 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract" xlink:label="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationTableTextBlock" xlink:label="loc_sidSummaryOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract" xlink:to="loc_sidSummaryOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactionsTables" xlink:title="00000060 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Tables)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionAssetsAndLiabilitiesTableTextBlock" xlink:label="loc_sidSummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionAssetsAndLiabilitiesTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_sidSummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionAssetsAndLiabilitiesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionStatementOfIncomeTableTextBlock" xlink:label="loc_sidSummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionStatementOfIncomeTableTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_sidSummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionStatementOfIncomeTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyAssetsAndLiabilitiesTableTextBlock" xlink:label="loc_sidSummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyAssetsAndLiabilitiesTableTextBlock" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_sidSummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyAssetsAndLiabilitiesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyStatementOfIncomeTableTextBlock" xlink:label="loc_sidSummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyStatementOfIncomeTableTextBlock" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_sidSummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByCompanyStatementOfIncomeTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfKeyManagementPersonnelCompensationTableTextBlock" xlink:label="loc_sidSummaryOfKeyManagementPersonnelCompensationTableTextBlock" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_sidSummaryOfKeyManagementPersonnelCompensationTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfGuaranteesTableTextBlock" xlink:label="loc_sidScheduleOfGuaranteesTableTextBlock" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_sidScheduleOfGuaranteesTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquityTables" xlink:title="00000061 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY (Tables)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfOwnershipStructureTableTextBlock" xlink:label="loc_sidSummaryOfOwnershipStructureTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" xlink:to="loc_sidSummaryOfOwnershipStructureTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfShareBuybackProgramsTableTextBlock" xlink:label="loc_sidSummaryOfShareBuybackProgramsTableTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" xlink:to="loc_sidSummaryOfShareBuybackProgramsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfPositionOfTreasurySharesTableTextBlock" xlink:label="loc_sidSummaryOfPositionOfTreasurySharesTableTextBlock" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" xlink:to="loc_sidSummaryOfPositionOfTreasurySharesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfBasicEarningsLossPerShareTableTextBlock" xlink:label="loc_sidSummaryOfBasicEarningsLossPerShareTableTextBlock" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" xlink:to="loc_sidSummaryOfBasicEarningsLossPerShareTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersCompensationTables" xlink:title="00000062 - Disclosure - 24. Shareholders&apos; Compensation (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ShareholdersCompensationAbstract" xlink:label="loc_sidShareholdersCompensationAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfDeliberateAndPaidDividendsTableTextBlock" xlink:label="loc_sidSummaryOfDeliberateAndPaidDividendsTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidShareholdersCompensationAbstract" xlink:to="loc_sidSummaryOfDeliberateAndPaidDividendsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfDistributionsOfDividendsAndInterestTableTextBlock" xlink:label="loc_sidScheduleOfDistributionsOfDividendsAndInterestTableTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidShareholdersCompensationAbstract" xlink:to="loc_sidScheduleOfDistributionsOfDividendsAndInterestTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfDividendsAndInterestOnEquityTableTextBlock" xlink:label="loc_sidScheduleOfDividendsAndInterestOnEquityTableTextBlock" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidShareholdersCompensationAbstract" xlink:to="loc_sidScheduleOfDividendsAndInterestOnEquityTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/NetRevenueFromSalesTables" xlink:title="00000063 - Disclosure - 25. NET REVENUE FROM SALES (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetRevenueFromSalesAbstract" xlink:label="loc_sidNetRevenueFromSalesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScheduleOfNetSalesRevenueExplanatory" xlink:label="loc_sidScheduleOfNetSalesRevenueExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidNetRevenueFromSalesAbstract" xlink:to="loc_sidScheduleOfNetSalesRevenueExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ExpensesByNatureTables" xlink:title="00000064 - Disclosure - 26. EXPENSES BY NATURE (Tables)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ExpenseByNatureAbstract" xlink:label="loc_ifrs-fullExpenseByNatureAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfExpensesByNatureTableTextBlock" xlink:label="loc_sidSummaryOfExpensesByNatureTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_sidSummaryOfExpensesByNatureTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfDepreciationAmortizationAndDepletionExplanatory" xlink:label="loc_sidDisclosureOfDepreciationAmortizationAndDepletionExplanatory" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_sidDisclosureOfDepreciationAmortizationAndDepletionExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherOperatingIncomeAndExpensesTables" xlink:title="00000065 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingInconeAndExpensesAbstarct" xlink:label="loc_sidOtherOperatingInconeAndExpensesAbstarct" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfOtherOperatingIncomeExpensesTableTextBlock" xlink:label="loc_sidSummaryOfOtherOperatingIncomeExpensesTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingInconeAndExpensesAbstarct" xlink:to="loc_sidSummaryOfOtherOperatingIncomeExpensesTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialIncomeExpensesTables" xlink:title="00000066 - Disclosure - 28. FINANCIAL INCOME (EXPENSES) (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfFinancialIncomeExpensesAbstract" xlink:label="loc_sidDisclosureOfFinancialIncomeExpensesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfFinancialIncomeExpensesTableTextBlock" xlink:label="loc_sidSummaryOfFinancialIncomeExpensesTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfFinancialIncomeExpensesAbstract" xlink:to="loc_sidSummaryOfFinancialIncomeExpensesTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/SegmentInformationTables" xlink:title="00000067 - Disclosure - 29. SEGMENT INFORMATION (Tables)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfOperatingSegmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfConsolidatedSegmentResultsTableTextBlock" xlink:label="loc_sidSummaryOfConsolidatedSegmentResultsTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsAbstract" xlink:to="loc_sidSummaryOfConsolidatedSegmentResultsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfSegmentEbitdaAndAdjustedEbitdaTableTextBlock" xlink:label="loc_sidSummaryOfSegmentEbitdaAndAdjustedEbitdaTableTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsAbstract" xlink:to="loc_sidSummaryOfSegmentEbitdaAndAdjustedEbitdaTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsTables" xlink:title="00000068 - Disclosure - 30. EMPLOYEE BENEFITS (Tables)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfActuarialEmployeeBenefitAssetsAndLiabilitiesTableTextBlock" xlink:label="loc_sidSummaryOfActuarialEmployeeBenefitAssetsAndLiabilitiesTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfActuarialEmployeeBenefitAssetsAndLiabilitiesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfReconciliationOfEmployeeBenefitsAssetsAndLiabilitiesTableTextBlock" xlink:label="loc_sidSummaryOfReconciliationOfEmployeeBenefitsAssetsAndLiabilitiesTableTextBlock" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfReconciliationOfEmployeeBenefitsAssetsAndLiabilitiesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfChangesInPresentValueOfDefinedBenefitObligationTableTextBlock" xlink:label="loc_sidSummaryOfChangesInPresentValueOfDefinedBenefitObligationTableTextBlock" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfChangesInPresentValueOfDefinedBenefitObligationTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfChangesInFairValueOfPlanAssetsTableTextBlock" xlink:label="loc_sidSummaryOfChangesInFairValueOfPlanAssetsTableTextBlock" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfChangesInFairValueOfPlanAssetsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfEmployeeBenefitsRecognizedInIncomeStatementTableTextBlock" xlink:label="loc_sidSummaryOfEmployeeBenefitsRecognizedInIncomeStatementTableTextBlock" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfEmployeeBenefitsRecognizedInIncomeStatementTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfChangesInActuarialGainsAndLossesTableTextBlock" xlink:label="loc_sidSummaryOfChangesInActuarialGainsAndLossesTableTextBlock" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfChangesInActuarialGainsAndLossesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfBreakdownOfActuarialGainsOrLossesTableTextBlock" xlink:label="loc_sidSummaryOfBreakdownOfActuarialGainsOrLossesTableTextBlock" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfBreakdownOfActuarialGainsOrLossesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfActuarialAssumptionsUsedTableTextBlock" xlink:label="loc_sidSummaryOfActuarialAssumptionsUsedTableTextBlock" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfActuarialAssumptionsUsedTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfAverageLifeExpectancyTableTextBlock" xlink:label="loc_sidSummaryOfAverageLifeExpectancyTableTextBlock" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfAverageLifeExpectancyTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfAllocationOfPlanAssetsTableTextBlock" xlink:label="loc_sidSummaryOfAllocationOfPlanAssetsTableTextBlock" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfAllocationOfPlanAssetsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPensionPlansTableTextBlock" xlink:label="loc_sidSummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPensionPlansTableTextBlock" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPensionPlansTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfForecastBenefitPaymentsOfDefinedBenefitPlansTableTextBlock" xlink:label="loc_sidSummaryOfForecastBenefitPaymentsOfDefinedBenefitPlansTableTextBlock" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfForecastBenefitPaymentsOfDefinedBenefitPlansTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfPostEmploymentHealthCarePlanAmountsTableTextBlock" xlink:label="loc_sidSummaryOfPostEmploymentHealthCarePlanAmountsTableTextBlock" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfPostEmploymentHealthCarePlanAmountsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfReconciliationOfHealthcareLiabilitiesTableTextBlock" xlink:label="loc_sidSummaryOfReconciliationOfHealthcareLiabilitiesTableTextBlock" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfReconciliationOfHealthcareLiabilitiesTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfActuarialGainsAndLossesRecognizedInShareholdersEquityTableTextBlock" xlink:label="loc_sidSummaryOfActuarialGainsAndLossesRecognizedInShareholdersEquityTableTextBlock" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfActuarialGainsAndLossesRecognizedInShareholdersEquityTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfWeightedAverageLifeExpectancyTableTextBlock" xlink:label="loc_sidSummaryOfWeightedAverageLifeExpectancyTableTextBlock" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfWeightedAverageLifeExpectancyTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfActuarialAssumptionsUsedForCalculatingPostEmploymentHealthcareBenefitsTableTextBlock" xlink:label="loc_sidSummaryOfActuarialAssumptionsUsedForCalculatingPostEmploymentHealthcareBenefitsTableTextBlock" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfActuarialAssumptionsUsedForCalculatingPostEmploymentHealthcareBenefitsTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPostEmploymentHealthcarePlansTableTextBlock" xlink:label="loc_sidSummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPostEmploymentHealthcarePlansTableTextBlock" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPostEmploymentHealthcarePlansTableTextBlock" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfForecastBenefitPaymentsOfPostEmploymentHealthcarePlansTableTextBlock" xlink:label="loc_sidSummaryOfForecastBenefitPaymentsOfPostEmploymentHealthcarePlansTableTextBlock" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidSummaryOfForecastBenefitPaymentsOfPostEmploymentHealthcarePlansTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/CommitmentsTables" xlink:title="00000069 - Disclosure - 31. COMMITMENTS (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfCommitmentsAbstract" xlink:label="loc_sidDisclosureOfCommitmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfTakeOrPayContractsTableTextBlock" xlink:label="loc_sidSummaryOfTakeOrPayContractsTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfCommitmentsAbstract" xlink:to="loc_sidSummaryOfTakeOrPayContractsTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/AdditionalInformationToCashFlowsTables" xlink:title="00000070 - Disclosure - 33. ADDITIONAL INFORMATION TO CASH FLOWS  (Tables)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionalInformationToCashFlowsAbstract" xlink:label="loc_sidAdditionalInformationToCashFlowsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SummaryOfAdditionalInformationRelatedToStatementOfCashFlowsTableTextBlock" xlink:label="loc_sidSummaryOfAdditionalInformationRelatedToStatementOfCashFlowsTableTextBlock" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdditionalInformationToCashFlowsAbstract" xlink:to="loc_sidSummaryOfAdditionalInformationRelatedToStatementOfCashFlowsTableTextBlock" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/DescriptionOfBusinessDetailsNarrative" xlink:title="00000071 - Disclosure - 1. DESCRIPTION OF BUSINESS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfBusinessAbstract" xlink:label="loc_sidDescriptionOfBusinessAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfBusinessTable" xlink:label="loc_sidDescriptionOfBusinessTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDescriptionOfBusinessAbstract" xlink:to="loc_sidDescriptionOfBusinessTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfBusinessLineItems" xlink:label="loc_sidDescriptionOfBusinessLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDescriptionOfBusinessTable" xlink:to="loc_sidDescriptionOfBusinessLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDescriptionOfBusinessTable" xlink:to="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiningPropertyMember" xlink:label="loc_ifrs-fullMiningPropertyMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullMiningPropertyMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CementMember" xlink:label="loc_sidCementMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_sidCementMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:label="loc_ifrs-fullNonadjustingEventsAfterReportingPeriodAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDescriptionOfBusinessTable" xlink:to="loc_ifrs-fullNonadjustingEventsAfterReportingPeriodAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NonadjustingEventsMember" xlink:label="loc_ifrs-fullNonadjustingEventsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNonadjustingEventsAfterReportingPeriodAxis" xlink:to="loc_ifrs-fullNonadjustingEventsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EventsAfterReportingPeriodMember" xlink:label="loc_sidEventsAfterReportingPeriodMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNonadjustingEventsMember" xlink:to="loc_sidEventsAfterReportingPeriodMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfOperatingActivities" xlink:label="loc_sidNumberOfOperatingActivities" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_sidNumberOfOperatingActivities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:label="loc_ifrs-fullInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_ifrs-fullInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SelfSufficientInstalledCapacity" xlink:label="loc_sidSelfSufficientInstalledCapacity" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_sidSelfSufficientInstalledCapacity" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AmortizationOfLoansAndFinancing" xlink:label="loc_sidAmortizationOfLoansAndFinancing" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_sidAmortizationOfLoansAndFinancing" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:label="loc_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NotionalAmount" xlink:label="loc_ifrs-fullNotionalAmount" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_ifrs-fullNotionalAmount" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfProductionProcess" xlink:label="loc_sidDescriptionOfProductionProcess" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_sidDescriptionOfProductionProcess" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingMaturity" xlink:label="loc_sidBorrowingMaturity" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_sidBorrowingMaturity" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Liquidity" xlink:label="loc_sidLiquidity" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDescriptionOfBusinessLineItems" xlink:to="loc_sidLiquidity" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" xlink:title="00000072 - Disclosure - 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfChangesInAccountingEstimatesAbstract" xlink:label="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfChangesInAccountingEstimatesTable" xlink:label="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesAbstract" xlink:to="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfChangesInAccountingEstimatesLineItems" xlink:label="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesTable" xlink:to="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesTable" xlink:to="loc_srtCurrencyAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd#country_US" xlink:label="loc_countryUS" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_countryUS" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BrazilianReaisMember" xlink:label="loc_sidBrazilianReaisMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_sidBrazilianReaisMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_EUR" xlink:label="loc_currencyEUR" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyEUR" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BrazilianCentralBankMember" xlink:label="loc_sidBrazilianCentralBankMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_sidBrazilianCentralBankMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRates" xlink:label="loc_sidExchangeRates" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfChangesInAccountingEstimatesLineItems" xlink:to="loc_sidExchangeRates" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ImpactsOfCovid-19DetailsNarrative" xlink:title="00000073 - Disclosure - 3. IMPACTS OF COVID-19 (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ImapctsOfCovid19Abstract" xlink:label="loc_sidImapctsOfCovid19Abstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfCorporateStaff" xlink:label="loc_sidPercentageOfCorporateStaff" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidImapctsOfCovid19Abstract" xlink:to="loc_sidPercentageOfCorporateStaff" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccumulatedLosses" xlink:label="loc_sidAccumulatedLosses" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidImapctsOfCovid19Abstract" xlink:to="loc_sidAccumulatedLosses" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/CashAndCashEquivalentsDetails" xlink:title="00000074 - Disclosure - 4. CASH AND CASH EQUIVALENTS (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashAndCashEquivalentAbstract" xlink:label="loc_sidCashAndCashEquivalentAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashAndCashEquivalentTable" xlink:label="loc_sidCashAndCashEquivalentTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidCashAndCashEquivalentAbstract" xlink:to="loc_sidCashAndCashEquivalentTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashAndCashEquivalentLineItems" xlink:label="loc_sidCashAndCashEquivalentLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidCashAndCashEquivalentTable" xlink:to="loc_sidCashAndCashEquivalentLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasAxis" xlink:label="loc_ifrs-fullGeographicalAreasAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidCashAndCashEquivalentTable" xlink:to="loc_ifrs-fullGeographicalAreasAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasMember" xlink:label="loc_ifrs-fullGeographicalAreasMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullGeographicalAreasAxis" xlink:to="loc_ifrs-fullGeographicalAreasMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd#country_BR" xlink:label="loc_countryBR" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_countryBR" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AbroadMember" xlink:label="loc_sidAbroadMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_sidAbroadMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAndCashEquivalentsAbstract" xlink:label="loc_ifrs-fullCashAndCashEquivalentsAbstract" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidCashAndCashEquivalentLineItems" xlink:to="loc_ifrs-fullCashAndCashEquivalentsAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BalancesWithBanks" xlink:label="loc_ifrs-fullBalancesWithBanks" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCashAndCashEquivalentsAbstract" xlink:to="loc_ifrs-fullBalancesWithBanks" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShorttermInvestmentsClassifiedAsCashEquivalents" xlink:label="loc_ifrs-fullShorttermInvestmentsClassifiedAsCashEquivalents" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCashAndCashEquivalentsAbstract" xlink:to="loc_ifrs-fullShorttermInvestmentsClassifiedAsCashEquivalents" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="loc_ifrs-fullCashAndCashEquivalents" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCashAndCashEquivalentsAbstract" xlink:to="loc_ifrs-fullCashAndCashEquivalents" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInvestmentsDetails" xlink:title="00000075 - Disclosure - 5. FINANCIAL INVESTMENTS (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfFinancialInvestmentsAbstract" xlink:label="loc_sidDisclosureOfFinancialInvestmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfFinancialInvestmentsTable" xlink:label="loc_sidDisclosureOfFinancialInvestmentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfFinancialInvestmentsAbstract" xlink:to="loc_sidDisclosureOfFinancialInvestmentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfFinancialInvestmentsLineItems" xlink:label="loc_sidDisclosureOfFinancialInvestmentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfFinancialInvestmentsTable" xlink:to="loc_sidDisclosureOfFinancialInvestmentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" xlink:label="loc_ifrs-fullClassesOfFinancialAssetsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfFinancialInvestmentsTable" xlink:to="loc_ifrs-fullClassesOfFinancialAssetsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InvestmentMember" xlink:label="loc_sidInvestmentMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidInvestmentMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UsiminasSharesMember" xlink:label="loc_sidUsiminasSharesMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidUsiminasSharesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondMember" xlink:label="loc_sidBondMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidBondMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInvestmentCurrent" xlink:label="loc_sidFinancialInvestmentCurrent" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfFinancialInvestmentsLineItems" xlink:to="loc_sidFinancialInvestmentCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInvestmentNonCurrent" xlink:label="loc_sidFinancialInvestmentNonCurrent" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfFinancialInvestmentsLineItems" xlink:to="loc_sidFinancialInvestmentNonCurrent" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradeReceivablesDetails" xlink:title="00000076 - Disclosure - 6. TRADE RECEIVABLES (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherReceivablesAbstract" xlink:label="loc_ifrs-fullTradeAndOtherReceivablesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradeAndOtherReceivablesTable" xlink:label="loc_sidTradeAndOtherReceivablesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTradeAndOtherReceivablesAbstract" xlink:to="loc_sidTradeAndOtherReceivablesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradeAndOtherReceivablesLineItems" xlink:label="loc_sidTradeAndOtherReceivablesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradeAndOtherReceivablesTable" xlink:to="loc_sidTradeAndOtherReceivablesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradeAndOtherReceivablesTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ThirdPartiesMember" xlink:label="loc_sidThirdPartiesMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_sidThirdPartiesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RelatedPartieMember" xlink:label="loc_sidRelatedPartieMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_sidRelatedPartieMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasAxis" xlink:label="loc_ifrs-fullGeographicalAreasAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradeAndOtherReceivablesTable" xlink:to="loc_ifrs-fullGeographicalAreasAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasMember" xlink:label="loc_ifrs-fullGeographicalAreasMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullGeographicalAreasAxis" xlink:to="loc_ifrs-fullGeographicalAreasMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CountryOfDomicileMember" xlink:label="loc_ifrs-fullCountryOfDomicileMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_ifrs-fullCountryOfDomicileMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ForeignCountriesMember" xlink:label="loc_ifrs-fullForeignCountriesMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_ifrs-fullForeignCountriesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="loc_ifrs-fullAllowanceAccountForCreditLossesOfFinancialAssets" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradeAndOtherReceivablesLineItems" xlink:to="loc_ifrs-fullAllowanceAccountForCreditLossesOfFinancialAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossTradeReceivable" xlink:label="loc_sidGrossTradeReceivable" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradeAndOtherReceivablesLineItems" xlink:to="loc_sidGrossTradeReceivable" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradeReceivableAfterAllowanceForDoubtfulDebts" xlink:label="loc_sidTradeReceivableAfterAllowanceForDoubtfulDebts" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradeAndOtherReceivablesLineItems" xlink:to="loc_sidTradeReceivableAfterAllowanceForDoubtfulDebts" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeReceivables" xlink:label="loc_ifrs-fullTradeReceivables" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradeAndOtherReceivablesLineItems" xlink:to="loc_ifrs-fullTradeReceivables" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradeReceivablesDetails1" xlink:title="00000077 - Disclosure - 6. TRADE RECEIVABLES (Details 1)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherReceivablesAbstract" xlink:label="loc_ifrs-fullTradeAndOtherReceivablesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradeAndOtherReceivablesTable" xlink:label="loc_sidTradeAndOtherReceivablesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTradeAndOtherReceivablesAbstract" xlink:to="loc_sidTradeAndOtherReceivablesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradeAndOtherReceivablesLineItems" xlink:label="loc_sidTradeAndOtherReceivablesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradeAndOtherReceivablesTable" xlink:to="loc_sidTradeAndOtherReceivablesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradeAndOtherReceivablesTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ThirdPartiesMember" xlink:label="loc_sidThirdPartiesMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_sidThirdPartiesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PastDueStatusAxis" xlink:label="loc_ifrs-fullPastDueStatusAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradeAndOtherReceivablesTable" xlink:to="loc_ifrs-fullPastDueStatusAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PastDueStatusMember" xlink:label="loc_ifrs-fullPastDueStatusMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPastDueStatusAxis" xlink:to="loc_ifrs-fullPastDueStatusMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentMember" xlink:label="loc_ifrs-fullCurrentMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPastDueStatusMember" xlink:to="loc_ifrs-fullCurrentMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NotLaterThanOneMonthsMember" xlink:label="loc_sidNotLaterThanOneMonthsMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPastDueStatusMember" xlink:to="loc_sidNotLaterThanOneMonthsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:label="loc_ifrs-fullLaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPastDueStatusMember" xlink:to="loc_ifrs-fullLaterThanTwoMonthsAndNotLaterThanThreeMonthsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanThreeMonthsMember" xlink:label="loc_ifrs-fullLaterThanThreeMonthsMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPastDueStatusMember" xlink:to="loc_ifrs-fullLaterThanThreeMonthsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossTradeReceivable" xlink:label="loc_sidGrossTradeReceivable" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradeAndOtherReceivablesLineItems" xlink:to="loc_sidGrossTradeReceivable" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradeReceivablesDetails2" xlink:title="00000078 - Disclosure - 6. TRADE RECEIVABLES (Details 2)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherReceivablesAbstract" xlink:label="loc_ifrs-fullTradeAndOtherReceivablesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="loc_ifrs-fullAllowanceAccountForCreditLossesOfFinancialAssets" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTradeAndOtherReceivablesAbstract" xlink:to="loc_ifrs-fullAllowanceAccountForCreditLossesOfFinancialAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpectedAllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="loc_sidExpectedAllowanceAccountForCreditLossesOfFinancialAssets" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTradeAndOtherReceivablesAbstract" xlink:to="loc_sidExpectedAllowanceAccountForCreditLossesOfFinancialAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="loc_ifrs-fullReversalAllowanceAccountForCreditLossesOfFinancialAssets" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTradeAndOtherReceivablesAbstract" xlink:to="loc_ifrs-fullReversalAllowanceAccountForCreditLossesOfFinancialAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets" xlink:label="loc_ifrs-fullAllowanceAccountForCreditLossesOfFinancialAssets_2" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTradeAndOtherReceivablesAbstract" xlink:to="loc_ifrs-fullAllowanceAccountForCreditLossesOfFinancialAssets_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/InventoriesDetails" xlink:title="00000079 - Disclosure - 7. INVENTORIES (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoriesAbstract" xlink:label="loc_sidInventoriesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoriesTable" xlink:label="loc_sidInventoriesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidInventoriesAbstract" xlink:to="loc_sidInventoriesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoriesLineItems" xlink:label="loc_sidInventoriesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidInventoriesTable" xlink:to="loc_sidInventoriesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="loc_ifrs-fullClassesOfAssetsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidInventoriesTable" xlink:to="loc_ifrs-fullClassesOfAssetsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_WorkInProgressMember" xlink:label="loc_sidWorkInProgressMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidWorkInProgressMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinishedGoodsMember" xlink:label="loc_sidFinishedGoodsMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidFinishedGoodsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RawMaterialsMember" xlink:label="loc_sidRawMaterialsMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidRawMaterialsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SparePartsMember" xlink:label="loc_sidSparePartsMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidSparePartsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdvancesToSuppliersMember" xlink:label="loc_sidAdvancesToSuppliersMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidAdvancesToSuppliersMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoryGrossAmount" xlink:label="loc_sidInventoryGrossAmount" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidInventoriesLineItems" xlink:to="loc_sidInventoryGrossAmount" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoryProvisionsForLosses" xlink:label="loc_sidInventoryProvisionsForLosses" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidInventoriesLineItems" xlink:to="loc_sidInventoryProvisionsForLosses" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InventoriesAtNetRealisableValue" xlink:label="loc_ifrs-fullInventoriesAtNetRealisableValue" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidInventoriesLineItems" xlink:to="loc_ifrs-fullInventoriesAtNetRealisableValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Inventories" xlink:label="loc_ifrs-fullInventories" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidInventoriesLineItems" xlink:to="loc_ifrs-fullInventories" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentInventories" xlink:label="loc_ifrs-fullNoncurrentInventories" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidInventoriesLineItems" xlink:to="loc_ifrs-fullNoncurrentInventories" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/InventoriesDetails1" xlink:title="00000080 - Disclosure - 7. INVENTORIES (Details 1)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoriesAbstract" xlink:label="loc_sidInventoriesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoryNetOne" xlink:label="loc_sidInventoryNetOne" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidInventoriesAbstract" xlink:to="loc_sidInventoryNetOne" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence" xlink:label="loc_sidReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidInventoriesAbstract" xlink:to="loc_sidReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InventoryNetOne" xlink:label="loc_sidInventoryNetOne_2" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidInventoriesAbstract" xlink:to="loc_sidInventoryNetOne_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/RecoverableTaxesDetails" xlink:title="00000081 - Disclosure - 8. RECOVERABLE TAXES (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecoverableTaxesAbstract" xlink:label="loc_sidRecoverableTaxesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecoverableTaxesTable" xlink:label="loc_sidRecoverableTaxesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidRecoverableTaxesAbstract" xlink:to="loc_sidRecoverableTaxesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecoverableTaxesLineItems" xlink:label="loc_sidRecoverableTaxesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidRecoverableTaxesTable" xlink:to="loc_sidRecoverableTaxesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="loc_ifrs-fullClassesOfAssetsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidRecoverableTaxesTable" xlink:to="loc_ifrs-fullClassesOfAssetsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_StateValueAddedTaxMember" xlink:label="loc_sidStateValueAddedTaxMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidStateValueAddedTaxMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BrazilianFederalContributionsMember" xlink:label="loc_sidBrazilianFederalContributionsMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidBrazilianFederalContributionsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherTaxesMember" xlink:label="loc_sidOtherTaxesMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidOtherTaxesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax" xlink:label="loc_ifrs-fullReceivablesFromTaxesOtherThanIncomeTax" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidRecoverableTaxesLineItems" xlink:to="loc_ifrs-fullReceivablesFromTaxesOtherThanIncomeTax" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="loc_ifrs-fullCurrentReceivablesFromTaxesOtherThanIncomeTax" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidRecoverableTaxesLineItems" xlink:to="loc_ifrs-fullCurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:label="loc_ifrs-fullNoncurrentReceivablesFromTaxesOtherThanIncomeTax" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidRecoverableTaxesLineItems" xlink:to="loc_ifrs-fullNoncurrentReceivablesFromTaxesOtherThanIncomeTax" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsDetails" xlink:title="00000082 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherCurrentAndNoncurrentAssetsAbstract" xlink:label="loc_sidOtherCurrentAndNoncurrentAssetsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherCurrentAndNonCurrentAssetsTable" xlink:label="loc_sidOtherCurrentAndNonCurrentAssetsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherCurrentAndNoncurrentAssetsAbstract" xlink:to="loc_sidOtherCurrentAndNonCurrentAssetsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherCurrentAndNonCurrentAssetsLineItems" xlink:label="loc_sidOtherCurrentAndNonCurrentAssetsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherCurrentAndNonCurrentAssetsTable" xlink:to="loc_sidOtherCurrentAndNonCurrentAssetsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="loc_ifrs-fullClassesOfAssetsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherCurrentAndNonCurrentAssetsTable" xlink:to="loc_ifrs-fullClassesOfAssetsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_JudicialDepositsMember" xlink:label="loc_sidJudicialDepositsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidJudicialDepositsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CreditsWithThePGFNMember" xlink:label="loc_sidCreditsWithThePGFNMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidCreditsWithThePGFNMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PrepaidExpensesMember" xlink:label="loc_sidPrepaidExpensesMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidPrepaidExpensesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PrepaidExpensesWithSeaFreightMember" xlink:label="loc_sidPrepaidExpensesWithSeaFreightMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidPrepaidExpensesWithSeaFreightMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssetRelatedPartyMember" xlink:label="loc_sidActuarialAssetRelatedPartyMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidActuarialAssetRelatedPartyMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DerivativeFinancialInstrumentsMember" xlink:label="loc_sidDerivativeFinancialInstrumentsMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidDerivativeFinancialInstrumentsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SecuritiesHeldForTradingMember" xlink:label="loc_sidSecuritiesHeldForTradingMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidSecuritiesHeldForTradingMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LoansWithRelatedPartiesMember" xlink:label="loc_sidLoansWithRelatedPartiesMember" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidLoansWithRelatedPartiesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherReceivablesFromRelatedPartiesMember" xlink:label="loc_sidOtherReceivablesFromRelatedPartiesMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidOtherReceivablesFromRelatedPartiesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherReceivablesMember" xlink:label="loc_sidOtherReceivablesMember" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidOtherReceivablesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember" xlink:label="loc_sidMonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidMonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsReceivableMember" xlink:label="loc_sidDividendsReceivableMember" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidDividendsReceivableMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DebitOfEmployeesMember" xlink:label="loc_sidDebitOfEmployeesMember" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidDebitOfEmployeesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReceivablesByIndemnityMember" xlink:label="loc_sidReceivablesByIndemnityMember" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidReceivablesByIndemnityMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherMember" xlink:label="loc_sidOtherMember" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidOtherMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentNonfinancialAssets" xlink:label="loc_ifrs-fullOtherCurrentNonfinancialAssets" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherCurrentAndNonCurrentAssetsLineItems" xlink:to="loc_ifrs-fullOtherCurrentNonfinancialAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentNonfinancialAssets" xlink:label="loc_ifrs-fullOtherNoncurrentNonfinancialAssets" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherCurrentAndNonCurrentAssetsLineItems" xlink:to="loc_ifrs-fullOtherNoncurrentNonfinancialAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherCurrentAndNon-currentAssetsDetailsNarrative" xlink:title="00000083 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherCurrentAndNoncurrentAssetsAbstract" xlink:label="loc_sidOtherCurrentAndNoncurrentAssetsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherCurrentAndNonCurrentAssetsTable" xlink:label="loc_sidOtherCurrentAndNonCurrentAssetsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherCurrentAndNoncurrentAssetsAbstract" xlink:to="loc_sidOtherCurrentAndNonCurrentAssetsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherCurrentAndNonCurrentAssetsLineItems" xlink:label="loc_sidOtherCurrentAndNonCurrentAssetsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherCurrentAndNonCurrentAssetsTable" xlink:to="loc_sidOtherCurrentAndNonCurrentAssetsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="loc_ifrs-fullClassesOfAssetsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherCurrentAndNonCurrentAssetsTable" xlink:to="loc_ifrs-fullClassesOfAssetsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember" xlink:label="loc_sidMonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_sidMonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GainOnRecoveryOfCredits" xlink:label="loc_sidGainOnRecoveryOfCredits" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherCurrentAndNonCurrentAssetsLineItems" xlink:to="loc_sidGainOnRecoveryOfCredits" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReceivableForIndemnification" xlink:label="loc_sidReceivableForIndemnification" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherCurrentAndNonCurrentAssetsLineItems" xlink:to="loc_sidReceivableForIndemnification" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialResult" xlink:label="loc_sidFinancialResult" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherCurrentAndNonCurrentAssetsLineItems" xlink:to="loc_sidFinancialResult" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails" xlink:title="00000084 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:label="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" xlink:label="loc_ifrs-fullEntitysTotalForSubsidiariesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_ifrs-fullEntitysTotalForSubsidiariesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNIslandsVIICorpMember" xlink:label="loc_sidCSNIslandsVIICorpMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNIslandsVIICorpMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNInovaVenturesMember" xlink:label="loc_sidCSNInovaVenturesMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNInovaVenturesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNIslandsXIICorpMember" xlink:label="loc_sidCSNIslandsXIICorpMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNIslandsXIICorpMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNSteelSLUMember" xlink:label="loc_sidCSNSteelSLUMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNSteelSLUMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TdBBSAMember" xlink:label="loc_sidTdBBSAMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidTdBBSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SepetibaTeconSAMember" xlink:label="loc_sidSepetibaTeconSAMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidSepetibaTeconSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MineriosNacionalSAMember" xlink:label="loc_sidMineriosNacionalSAMember" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidMineriosNacionalSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompanhiaFlorestaldoBrasilMember" xlink:label="loc_sidCompanhiaFlorestaldoBrasilMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCompanhiaFlorestaldoBrasilMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EstanhoDeRondoniaSAMember" xlink:label="loc_sidEstanhoDeRondoniaSAMember" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidEstanhoDeRondoniaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompanhiaMetalurgicaPradaMember" xlink:label="loc_sidCompanhiaMetalurgicaPradaMember" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCompanhiaMetalurgicaPradaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMineracaoSAMember" xlink:label="loc_sidCSNMineracaoSAMember" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNMineracaoSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNEnergiaSAMember" xlink:label="loc_sidCSNEnergiaSAMember" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNEnergiaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FTLFerroviaTransnordestinaLogisticaSAMember" xlink:label="loc_sidFTLFerroviaTransnordestinaLogisticaSAMember" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidFTLFerroviaTransnordestinaLogisticaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NordesteLogisticaSAMember" xlink:label="loc_sidNordesteLogisticaSAMember" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidNordesteLogisticaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNInovaLtdMember" xlink:label="loc_sidCSNInovaLtdMember" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNInovaLtdMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNEquipamentosSAMember" xlink:label="loc_sidCSNEquipamentosSAMember" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNEquipamentosSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember" xlink:label="loc_sidCBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNCimentosSAMember" xlink:label="loc_sidCSNCimentosSAMember" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNCimentosSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LusosiderProjectosSiderurgicosSAMember" xlink:label="loc_sidLusosiderProjectosSiderurgicosSAMember" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidLusosiderProjectosSiderurgicosSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LusosiderAcosPlanosSAMember" xlink:label="loc_sidLusosiderAcosPlanosSAMember" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidLusosiderAcosPlanosSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNResourcesSAMember" xlink:label="loc_sidCSNResourcesSAMember" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNResourcesSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompanhiaBrasileiraDeLatasMember" xlink:label="loc_sidCompanhiaBrasileiraDeLatasMember" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCompanhiaBrasileiraDeLatasMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompanhiaDeEmbalagensMetalicasMMSAMember" xlink:label="loc_sidCompanhiaDeEmbalagensMetalicasMMSAMember" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCompanhiaDeEmbalagensMetalicasMMSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompanhiaDeEmbalagensMetalicasMTMMember" xlink:label="loc_sidCompanhiaDeEmbalagensMetalicasMTMMember" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCompanhiaDeEmbalagensMetalicasMTMMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNSteelHoldings1SLUMember" xlink:label="loc_sidCSNSteelHoldings1SLUMember" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNSteelHoldings1SLUMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNProductosSiderurgicosSLMember" xlink:label="loc_sidCSNProductosSiderurgicosSLMember" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNProductosSiderurgicosSLMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_StalhwerkThuringenGmbHMember" xlink:label="loc_sidStalhwerkThuringenGmbHMember" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidStalhwerkThuringenGmbHMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNSteelSectionsUKLimitedMember" xlink:label="loc_sidCSNSteelSectionsUKLimitedMember" />
      <link:presentationArc order="290" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNSteelSectionsUKLimitedMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNSteelSectionsPolskaSpZooMember" xlink:label="loc_sidCSNSteelSectionsPolskaSpZooMember" />
      <link:presentationArc order="300" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNSteelSectionsPolskaSpZooMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMiningHoldingSLMember" xlink:label="loc_sidCSNMiningHoldingSLMember" />
      <link:presentationArc order="310" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNMiningHoldingSLMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMiningGmbHMember" xlink:label="loc_sidCSNMiningGmbHMember" />
      <link:presentationArc order="320" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNMiningGmbHMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMiningAsiaLimitedMember" xlink:label="loc_sidCSNMiningAsiaLimitedMember" />
      <link:presentationArc order="330" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNMiningAsiaLimitedMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LusosiderIbericaSAMember" xlink:label="loc_sidLusosiderIbericaSAMember" />
      <link:presentationArc order="340" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidLusosiderIbericaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSMiningPortugalUnipessoalLdaMember" xlink:label="loc_sidCSMiningPortugalUnipessoalLdaMember" />
      <link:presentationArc order="350" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSMiningPortugalUnipessoalLdaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompanhiaSiderurgicaNacionalLLCMember" xlink:label="loc_sidCompanhiaSiderurgicaNacionalLLCMember" />
      <link:presentationArc order="360" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCompanhiaSiderurgicaNacionalLLCMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNCimentosSA1Member" xlink:label="loc_sidCSNCimentosSA1Member" />
      <link:presentationArc order="370" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNCimentosSA1Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_JointOperationsAxis" xlink:label="loc_ifrs-fullJointOperationsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullJointOperationsAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForJointOperationsMember" xlink:label="loc_ifrs-fullEntitysTotalForJointOperationsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullJointOperationsAxis" xlink:to="loc_ifrs-fullEntitysTotalForJointOperationsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ItaEnergeticaSAMember" xlink:label="loc_sidItaEnergeticaSAMember" />
      <link:presentationArc order="380" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidItaEnergeticaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember" xlink:label="loc_sidConsorcioDaUsinaHidreletricaDeIgarapavaMember" />
      <link:presentationArc order="390" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidConsorcioDaUsinaHidreletricaDeIgarapavaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSLogisticaSAMember" xlink:label="loc_sidMRSLogisticaSAMember" />
      <link:presentationArc order="400" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidMRSLogisticaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AcerosDelOrinocoSAMember" xlink:label="loc_sidAcerosDelOrinocoSAMember" />
      <link:presentationArc order="410" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidAcerosDelOrinocoSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransnordestinaLogisticaSAMember" xlink:label="loc_sidTransnordestinaLogisticaSAMember" />
      <link:presentationArc order="420" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidTransnordestinaLogisticaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquimacSAMember" xlink:label="loc_sidEquimacSAMember" />
      <link:presentationArc order="430" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidEquimacSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSLogisticaSA1Member" xlink:label="loc_sidMRSLogisticaSA1Member" />
      <link:presentationArc order="900" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidMRSLogisticaSA1Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:label="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForAssociatesMember" xlink:label="loc_ifrs-fullEntitysTotalForAssociatesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" xlink:to="loc_ifrs-fullEntitysTotalForAssociatesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ArvediMetalferDoBrasilSAMember" xlink:label="loc_sidArvediMetalferDoBrasilSAMember" />
      <link:presentationArc order="440" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidArvediMetalferDoBrasilSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_UnconsolidatedStructuredEntitiesAxis" xlink:label="loc_ifrs-fullUnconsolidatedStructuredEntitiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullUnconsolidatedStructuredEntitiesAxis" order="40" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForUnconsolidatedStructuredEntitiesMember" xlink:label="loc_ifrs-fullEntitysTotalForUnconsolidatedStructuredEntitiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullUnconsolidatedStructuredEntitiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForUnconsolidatedStructuredEntitiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember" xlink:label="loc_sidDiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember" />
      <link:presentationArc order="450" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForUnconsolidatedStructuredEntitiesMember" xlink:to="loc_sidDiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember" xlink:label="loc_sidCaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember" />
      <link:presentationArc order="460" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForUnconsolidatedStructuredEntitiesMember" xlink:to="loc_sidCaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember" xlink:label="loc_sidVR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember" />
      <link:presentationArc order="470" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForUnconsolidatedStructuredEntitiesMember" xlink:to="loc_sidVR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NumberOfSharesOutstanding" xlink:label="loc_ifrs-fullNumberOfSharesOutstanding" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullNumberOfSharesOutstanding" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:label="loc_ifrs-fullProportionOfOwnershipInterestInSubsidiary" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullProportionOfOwnershipInterestInSubsidiary" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestInJointOperation" xlink:label="loc_ifrs-fullProportionOfOwnershipInterestInJointOperation" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullProportionOfOwnershipInterestInJointOperation" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestInJointVenture" xlink:label="loc_ifrs-fullProportionOfOwnershipInterestInJointVenture" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullProportionOfOwnershipInterestInJointVenture" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestInAssociate" xlink:label="loc_ifrs-fullProportionOfOwnershipInterestInAssociate" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullProportionOfOwnershipInterestInAssociate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquityInterestInExclusiveFundsPercentage" xlink:label="loc_sidEquityInterestInExclusiveFundsPercentage" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidEquityInterestInExclusiveFundsPercentage" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" xlink:label="loc_ifrs-fullDescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullDescriptionOfNatureOfEntitysOperationsAndPrincipalActivities" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails1" xlink:title="00000085 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 1)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_JointOperationsAxis" xlink:label="loc_ifrs-fullJointOperationsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullJointOperationsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForJointOperationsMember" xlink:label="loc_ifrs-fullEntitysTotalForJointOperationsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullJointOperationsAxis" xlink:to="loc_ifrs-fullEntitysTotalForJointOperationsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSLogisticaSA1Member" xlink:label="loc_sidMRSLogisticaSA1Member" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidMRSLogisticaSA1Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueMRSLogisticaSAMember" xlink:label="loc_sidFairValueMRSLogisticaSAMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidFairValueMRSLogisticaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember" xlink:label="loc_sidCSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransnordestinaLogisticaSA1Member" xlink:label="loc_sidTransnordestinaLogisticaSA1Member" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidTransnordestinaLogisticaSA1Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueTransnordestinaMember" xlink:label="loc_sidFairValueTransnordestinaMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidFairValueTransnordestinaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquimacSA1Member" xlink:label="loc_sidEquimacSA1Member" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidEquimacSA1Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_JointVentureAndJointOperationMember" xlink:label="loc_sidJointVentureAndJointOperationMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidJointVentureAndJointOperationMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquimacSAMember" xlink:label="loc_sidEquimacSAMember" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidEquimacSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:label="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForAssociatesMember" xlink:label="loc_ifrs-fullEntitysTotalForAssociatesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" xlink:to="loc_ifrs-fullEntitysTotalForAssociatesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ArvediMetalferDoBrasilSAMember" xlink:label="loc_sidArvediMetalferDoBrasilSAMember" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidArvediMetalferDoBrasilSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssociatesMember" xlink:label="loc_ifrs-fullAssociatesMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_ifrs-fullAssociatesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquimacSA1Member" xlink:label="loc_sidEquimacSA1Member_2" />
      <link:presentationArc order="400" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidEquimacSA1Member_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CategoriesOfFinancialAssetsAxis" xlink:label="loc_ifrs-fullCategoriesOfFinancialAssetsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullCategoriesOfFinancialAssetsAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsCategoryMember" xlink:label="loc_ifrs-fullFinancialAssetsCategoryMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCategoriesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsCategoryMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PanatlanticaMember" xlink:label="loc_sidPanatlanticaMember" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_sidPanatlanticaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ClassifiedAtFairValueThroughProfitOrLossMember" xlink:label="loc_sidClassifiedAtFairValueThroughProfitOrLossMember" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_sidClassifiedAtFairValueThroughProfitOrLossMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EliminationsMember" xlink:label="loc_sidEliminationsMember" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_sidEliminationsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherInvestmentMember" xlink:label="loc_sidOtherInvestmentMember" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_sidOtherInvestmentMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalOtherInvestmentMember" xlink:label="loc_sidTotalOtherInvestmentMember" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_sidTotalOtherInvestmentMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalInvestmentsInAffillatedCompaniesMember" xlink:label="loc_sidTotalInvestmentsInAffillatedCompaniesMember" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_sidTotalInvestmentsInAffillatedCompaniesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalEquityInResultsOfaffillatedCompaniesMember" xlink:label="loc_sidTotalEquityInResultsOfaffillatedCompaniesMember" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_sidTotalEquityInResultsOfaffillatedCompaniesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InvestmentsPropertiesMember" xlink:label="loc_sidInvestmentsPropertiesMember" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_sidInvestmentsPropertiesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalInvestmentsMember" xlink:label="loc_sidTotalInvestmentsMember" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsCategoryMember" xlink:to="loc_sidTotalInvestmentsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Assets" xlink:label="loc_ifrs-fullAssets" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Liabilities" xlink:label="loc_ifrs-fullLiabilities" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Equity" xlink:label="loc_ifrs-fullEquity" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullEquity" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="loc_ifrs-fullProfitLoss" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullProfitLoss" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails2" xlink:title="00000086 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 2)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:label="loc_ifrs-fullInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_ifrs-fullInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalIncreaseacquisitionOfShares" xlink:label="loc_sidCapitalIncreaseacquisitionOfShares" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidCapitalIncreaseacquisitionOfShares" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsInInvestment" xlink:label="loc_sidDividendsInInvestment" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidDividendsInInvestment" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ChangesInInvestmentsInSubsidiariesJointlyControlledCompaniesJointOperationsAssociatesAndOtherInvestmentsComprehensiveIncome" xlink:label="loc_sidChangesInInvestmentsInSubsidiariesJointlyControlledCompaniesJointOperationsAssociatesAndOtherInvestmentsComprehensiveIncome" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidChangesInInvestmentsInSubsidiariesJointlyControlledCompaniesJointOperationsAssociatesAndOtherInvestmentsComprehensiveIncome" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquityInResultsOfAffiliatedCompanies" xlink:label="loc_sidEquityInResultsOfAffiliatedCompanies" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidEquityInResultsOfAffiliatedCompanies" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii" xlink:label="loc_sidUpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidUpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReclassificationOfUsiminasShares" xlink:label="loc_sidReclassificationOfUsiminasShares" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidReclassificationOfUsiminasShares" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsolidationOfCbsi" xlink:label="loc_sidConsolidationOfCbsi" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidConsolidationOfCbsi" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AmortizationOfFairValueInvestmentMrs" xlink:label="loc_sidAmortizationOfFairValueInvestmentMrs" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidAmortizationOfFairValueInvestmentMrs" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersInvestments" xlink:label="loc_sidOthersInvestments" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidOthersInvestments" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod" xlink:label="loc_ifrs-fullInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_2" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_ifrs-fullInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails3" xlink:title="00000087 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 3)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:label="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForAssociatesMember" xlink:label="loc_ifrs-fullEntitysTotalForAssociatesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" xlink:to="loc_ifrs-fullEntitysTotalForAssociatesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSLogisticaSAMember" xlink:label="loc_sidMRSLogisticaSAMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidMRSLogisticaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember" xlink:label="loc_sidCSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidCSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransnordestinaLogisticaSAMember" xlink:label="loc_sidTransnordestinaLogisticaSAMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidTransnordestinaLogisticaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ArvediMetalferDoBrasilSAMember" xlink:label="loc_sidArvediMetalferDoBrasilSAMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidArvediMetalferDoBrasilSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquimacSAMember" xlink:label="loc_sidEquimacSAMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidEquimacSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherInvestmentMember" xlink:label="loc_sidOtherInvestmentMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidOtherInvestmentMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquityInResultsOfAffiliatedCompanies" xlink:label="loc_sidEquityInResultsOfAffiliatedCompanies" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidEquityInResultsOfAffiliatedCompanies" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EliminationsAbstract" xlink:label="loc_sidEliminationsAbstract" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidEliminationsAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EliminationsToCostOfSales" xlink:label="loc_sidEliminationsToCostOfSales" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidEliminationsAbstract" xlink:to="loc_sidEliminationsToCostOfSales" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EliminationsToTaxes" xlink:label="loc_sidEliminationsToTaxes" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidEliminationsAbstract" xlink:to="loc_sidEliminationsToTaxes" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersAbstract" xlink:label="loc_sidOthersAbstract" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidEliminationsAbstract" xlink:to="loc_sidOthersAbstract" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AmortizatedAtFairValueInvestmentInMrs" xlink:label="loc_sidAmortizatedAtFairValueInvestmentInMrs" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOthersAbstract" xlink:to="loc_sidAmortizatedAtFairValueInvestmentInMrs" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Others" xlink:label="loc_sidOthers" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOthersAbstract" xlink:to="loc_sidOthers" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquityInResults" xlink:label="loc_sidEquityInResults" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOthersAbstract" xlink:to="loc_sidEquityInResults" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails4" xlink:title="00000088 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 4)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_JointOperationsAxis" xlink:label="loc_ifrs-fullJointOperationsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullJointOperationsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForJointOperationsMember" xlink:label="loc_ifrs-fullEntitysTotalForJointOperationsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullJointOperationsAxis" xlink:to="loc_ifrs-fullEntitysTotalForJointOperationsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSLogisticaSAMember" xlink:label="loc_sidMRSLogisticaSAMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidMRSLogisticaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransnordestinaLogisticaSAMember" xlink:label="loc_sidTransnordestinaLogisticaSAMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidTransnordestinaLogisticaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquimacSAMember" xlink:label="loc_sidEquimacSAMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidEquimacSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ItaEnergeticaMember" xlink:label="loc_sidItaEnergeticaMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidItaEnergeticaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CBSIMember" xlink:label="loc_sidCBSIMember" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCBSIMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:label="loc_ifrs-fullPercentageOfVotingEquityInterestsAcquired" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullPercentageOfVotingEquityInterestsAcquired" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAssetsAbstract" xlink:label="loc_ifrs-fullCurrentAssetsAbstract" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullCurrentAssetsAbstract" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="loc_ifrs-fullCashAndCashEquivalents" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullCashAndCashEquivalents" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAdvancesToSuppliers" xlink:label="loc_ifrs-fullCurrentAdvancesToSuppliers" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullCurrentAdvancesToSuppliers" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentAssets" xlink:label="loc_ifrs-fullOtherCurrentAssets" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullOtherCurrentAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAssets" xlink:label="loc_ifrs-fullCurrentAssets" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullCurrentAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentAssetsAbstract" xlink:label="loc_ifrs-fullNoncurrentAssetsAbstract" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullNoncurrentAssetsAbstract" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentAssets" xlink:label="loc_ifrs-fullOtherNoncurrentAssets" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullOtherNoncurrentAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InvestmentsPpeAndIntangibleAssets" xlink:label="loc_sidInvestmentsPpeAndIntangibleAssets" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidInvestmentsPpeAndIntangibleAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentAssets" xlink:label="loc_ifrs-fullNoncurrentAssets" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullNoncurrentAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Assets" xlink:label="loc_ifrs-fullAssets" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLiabilitiesAbstract" xlink:label="loc_ifrs-fullCurrentLiabilitiesAbstract" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullCurrentLiabilitiesAbstract" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShorttermBorrowings" xlink:label="loc_ifrs-fullShorttermBorrowings" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullShorttermBorrowings" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLeaseLiabilities" xlink:label="loc_ifrs-fullCurrentLeaseLiabilities" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullCurrentLeaseLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentLiabilities" xlink:label="loc_ifrs-fullOtherCurrentLiabilities" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullOtherCurrentLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLiabilities" xlink:label="loc_ifrs-fullCurrentLiabilities" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullCurrentLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLiabilitiesAbstract" xlink:label="loc_ifrs-fullNoncurrentLiabilitiesAbstract" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullNoncurrentLiabilitiesAbstract" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LongtermBorrowings" xlink:label="loc_ifrs-fullLongtermBorrowings" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullLongtermBorrowings" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLeaseLiabilities" xlink:label="loc_ifrs-fullNoncurrentLeaseLiabilities" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullNoncurrentLeaseLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentLiabilities" xlink:label="loc_ifrs-fullOtherNoncurrentLiabilities" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullOtherNoncurrentLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLiabilities" xlink:label="loc_ifrs-fullNoncurrentLiabilities" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullNoncurrentLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Equity" xlink:label="loc_ifrs-fullEquity" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullEquity" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityAndLiabilities" xlink:label="loc_ifrs-fullEquityAndLiabilities" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullEquityAndLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Revenue" xlink:label="loc_ifrs-fullRevenue" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullRevenue" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CostOfSales" xlink:label="loc_ifrs-fullCostOfSales" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullCostOfSales" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossProfit" xlink:label="loc_ifrs-fullGrossProfit" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullGrossProfit" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OperatingExpense" xlink:label="loc_ifrs-fullOperatingExpense" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullOperatingExpense" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialIncomeExpensesNet" xlink:label="loc_sidFinancialIncomeExpensesNet" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidFinancialIncomeExpensesNet" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="loc_ifrs-fullProfitLossBeforeTax" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullProfitLossBeforeTax" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CurrentAndDeferredIncomeTaxAndSocialContribution" xlink:label="loc_sidCurrentAndDeferredIncomeTaxAndSocialContribution" />
      <link:presentationArc order="290" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidCurrentAndDeferredIncomeTaxAndSocialContribution" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossFromContinuingOperations" xlink:label="loc_ifrs-fullProfitLossFromContinuingOperations" />
      <link:presentationArc order="300" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullProfitLossFromContinuingOperations" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails5" xlink:title="00000089 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 5)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MeasurementOfRecoverableValueAxis" xlink:label="loc_sidMeasurementOfRecoverableValueAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_sidMeasurementOfRecoverableValueAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MeasurementOfRecoverableValueDomain" xlink:label="loc_sidMeasurementOfRecoverableValueDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidMeasurementOfRecoverableValueAxis" xlink:to="loc_sidMeasurementOfRecoverableValueDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowProjectionOneMember" xlink:label="loc_sidCashFlowProjectionOneMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidMeasurementOfRecoverableValueDomain" xlink:to="loc_sidCashFlowProjectionOneMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowProjectionTwoMember" xlink:label="loc_sidCashFlowProjectionTwoMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidMeasurementOfRecoverableValueDomain" xlink:to="loc_sidCashFlowProjectionTwoMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowProjectionThreeMember" xlink:label="loc_sidCashFlowProjectionThreeMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidMeasurementOfRecoverableValueDomain" xlink:to="loc_sidCashFlowProjectionThreeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowProjectiFourMember" xlink:label="loc_sidCashFlowProjectiFourMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidMeasurementOfRecoverableValueDomain" xlink:to="loc_sidCashFlowProjectiFourMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowProjection" xlink:label="loc_sidCashFlowProjection" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidCashFlowProjection" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MeasurementOfRecoverableValueBy2057" xlink:label="loc_sidMeasurementOfRecoverableValueBy2057" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidMeasurementOfRecoverableValueBy2057" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails6" xlink:title="00000090 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 6)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfInvestmentPropertyAxis" xlink:label="loc_ifrs-fullTypesOfInvestmentPropertyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullTypesOfInvestmentPropertyAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentPropertyMember" xlink:label="loc_ifrs-fullInvestmentPropertyMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfInvestmentPropertyAxis" xlink:to="loc_ifrs-fullInvestmentPropertyMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LandMember" xlink:label="loc_ifrs-fullLandMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullInvestmentPropertyMember" xlink:to="loc_ifrs-fullLandMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BuildingsMember" xlink:label="loc_ifrs-fullBuildingsMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullInvestmentPropertyMember" xlink:to="loc_ifrs-fullBuildingsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentProperty" xlink:label="loc_ifrs-fullInvestmentProperty" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullInvestmentProperty" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CostInInvestmentProperties" xlink:label="loc_sidCostInInvestmentProperties" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidCostInInvestmentProperties" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccumulatedDepreciation" xlink:label="loc_sidAccumulatedDepreciation" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidAccumulatedDepreciation" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty" xlink:label="loc_ifrs-fullAcquisitionsThroughBusinessCombinationsInvestmentProperty" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullAcquisitionsThroughBusinessCombinationsInvestmentProperty" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DepreciationInvestmentProperty" xlink:label="loc_ifrs-fullDepreciationInvestmentProperty" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullDepreciationInvestmentProperty" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_WriteoffOfInvestmentProperties" xlink:label="loc_sidWriteoffOfInvestmentProperties" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidWriteoffOfInvestmentProperties" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentProperty" xlink:label="loc_ifrs-fullInvestmentProperty_2" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullInvestmentProperty_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails7" xlink:title="00000091 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 7)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfInvestmentPropertyAxis" xlink:label="loc_ifrs-fullTypesOfInvestmentPropertyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullTypesOfInvestmentPropertyAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentPropertyMember" xlink:label="loc_ifrs-fullInvestmentPropertyMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfInvestmentPropertyAxis" xlink:to="loc_ifrs-fullInvestmentPropertyMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BuildingsMember" xlink:label="loc_ifrs-fullBuildingsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullInvestmentPropertyMember" xlink:to="loc_ifrs-fullBuildingsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:label="loc_ifrs-fullUsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullUsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetailsNarrative" xlink:title="00000092 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:label="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LegalEntityOneAxis" xlink:label="loc_sidLegalEntityOneAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_sidLegalEntityOneAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LegalEntityOneDomain" xlink:label="loc_sidLegalEntityOneDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidLegalEntityOneAxis" xlink:to="loc_sidLegalEntityOneDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FTLFerroviaTransnordestinaLogisticaSAMember" xlink:label="loc_sidFTLFerroviaTransnordestinaLogisticaSAMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidLegalEntityOneDomain" xlink:to="loc_sidFTLFerroviaTransnordestinaLogisticaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FtlFerroviaTransnordestionaLogisticAsaMember" xlink:label="loc_sidFtlFerroviaTransnordestionaLogisticAsaMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidLegalEntityOneDomain" xlink:to="loc_sidFtlFerroviaTransnordestionaLogisticAsaMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSMember" xlink:label="loc_sidMRSMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidLegalEntityOneDomain" xlink:to="loc_sidMRSMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMineracaoSAMember" xlink:label="loc_sidCSNMineracaoSAMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidLegalEntityOneDomain" xlink:to="loc_sidCSNMineracaoSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CKTRBrasilServicosLtdaMember" xlink:label="loc_sidCKTRBrasilServicosLtdaMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidLegalEntityOneDomain" xlink:to="loc_sidCKTRBrasilServicosLtdaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ENGIEBrasilEnergiaSAMember" xlink:label="loc_sidENGIEBrasilEnergiaSAMember" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidLegalEntityOneDomain" xlink:to="loc_sidENGIEBrasilEnergiaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSLogisticaSAMember" xlink:label="loc_sidMRSLogisticaSAMember" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidLegalEntityOneDomain" xlink:to="loc_sidMRSLogisticaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember" xlink:label="loc_sidConsorcioDaUsinaHidreletricaDeIgarapavaMember" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidLegalEntityOneDomain" xlink:to="loc_sidConsorcioDaUsinaHidreletricaDeIgarapavaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-fullRangeAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullRangeAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BottomOfRangeMember" xlink:label="loc_ifrs-fullBottomOfRangeMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullBottomOfRangeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="loc_ifrs-fullTopOfRangeMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullTopOfRangeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:label="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" xlink:label="loc_ifrs-fullEntitysTotalForSubsidiariesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_ifrs-fullEntitysTotalForSubsidiariesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember" xlink:label="loc_sidCOMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCOMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransLogisticaSAMember" xlink:label="loc_sidTransLogisticaSAMember" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidTransLogisticaSAMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquimacSAMember" xlink:label="loc_sidEquimacSAMember" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidEquimacSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PANATLANTICASAMember" xlink:label="loc_sidPANATLANTICASAMember" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidPANATLANTICASAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ArvediMetalferDoBrasilSAMember" xlink:label="loc_sidArvediMetalferDoBrasilSAMember" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidArvediMetalferDoBrasilSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfShareCapitalAxis" xlink:label="loc_ifrs-fullClassesOfShareCapitalAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTable" xlink:to="loc_ifrs-fullClassesOfShareCapitalAxis" order="40" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ClassBPreferredSharesMember" xlink:label="loc_sidClassBPreferredSharesMember" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_sidClassBPreferredSharesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CommonSharesMember" xlink:label="loc_sidCommonSharesMember" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_sidCommonSharesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PreferredSharesMember" xlink:label="loc_sidPreferredSharesMember" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_sidPreferredSharesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShareIssueRelatedCost" xlink:label="loc_ifrs-fullShareIssueRelatedCost" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullShareIssueRelatedCost" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfInterest" xlink:label="loc_sidPercentageOfInterest" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidPercentageOfInterest" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="loc_ifrs-fullProfitLoss" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullProfitLoss" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfStakes" xlink:label="loc_sidPercentageOfStakes" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidPercentageOfStakes" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AcquisitionSharesAmount" xlink:label="loc_sidAcquisitionSharesAmount" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidAcquisitionSharesAmount" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Goodwill" xlink:label="loc_ifrs-fullGoodwill" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullGoodwill" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConcessionTerm" xlink:label="loc_sidConcessionTerm" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidConcessionTerm" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfHoldingInOtherEntity" xlink:label="loc_sidDescriptionOfHoldingInOtherEntity" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidDescriptionOfHoldingInOtherEntity" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipment" xlink:label="loc_ifrs-fullPropertyPlantAndEquipment" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_ifrs-fullPropertyPlantAndEquipment" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherExpense" xlink:label="loc_sidOtherExpense" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidOtherExpense" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfSharesTransfer" xlink:label="loc_sidNumberOfSharesTransfer" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidNumberOfSharesTransfer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfSharesTransferOne" xlink:label="loc_sidNumberOfSharesTransferOne" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidNumberOfSharesTransferOne" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfVotingCapital" xlink:label="loc_sidPercentageOfVotingCapital" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidPercentageOfVotingCapital" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueOfInvestmentProperties" xlink:label="loc_sidFairValueOfInvestmentProperties" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems" xlink:to="loc_sidFairValueOfInvestmentProperties" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/PropertyPlantAndEquipmentDetails" xlink:title="00000093 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentAbstract" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LandMember" xlink:label="loc_ifrs-fullLandMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullLandMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BuildingsMember" xlink:label="loc_ifrs-fullBuildingsMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullBuildingsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MachineryMember" xlink:label="loc_ifrs-fullMachineryMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullMachineryMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FixturesAndFittingsMember" xlink:label="loc_ifrs-fullFixturesAndFittingsMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullFixturesAndFittingsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ConstructionInProgressMember" xlink:label="loc_ifrs-fullConstructionInProgressMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullConstructionInProgressMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullOtherPropertyPlantAndEquipmentMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullOtherPropertyPlantAndEquipmentMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:label="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CarryingAmountMember" xlink:label="loc_ifrs-fullCarryingAmountMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="loc_ifrs-fullCarryingAmountMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossCarryingAmountMember" xlink:label="loc_ifrs-fullGrossCarryingAmountMember" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_ifrs-fullGrossCarryingAmountMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:label="loc_ifrs-fullAccumulatedDepreciationAndAmortisationMember" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_ifrs-fullAccumulatedDepreciationAndAmortisationMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="loc_ifrs-fullClassesOfAssetsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfAssetsAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RightofuseAssetsMember" xlink:label="loc_ifrs-fullRightofuseAssetsMember" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_ifrs-fullRightofuseAssetsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipment" xlink:label="loc_ifrs-fullPropertyPlantAndEquipment" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullPropertyPlantAndEquipment" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:label="loc_ifrs-fullIncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:label="loc_ifrs-fullAcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullAcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalizedInterestPropertyPlantAndEquipment" xlink:label="loc_sidCapitalizedInterestPropertyPlantAndEquipment" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_sidCapitalizedInterestPropertyPlantAndEquipment" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisposalsPropertyPlantAndEquipment" xlink:label="loc_ifrs-fullDisposalsPropertyPlantAndEquipment" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullDisposalsPropertyPlantAndEquipment" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DepreciationPropertyPlantAndEquipment" xlink:label="loc_ifrs-fullDepreciationPropertyPlantAndEquipment" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullDepreciationPropertyPlantAndEquipment" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:label="loc_ifrs-fullIncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughTransfersPropertyPlantAndEquipment" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:label="loc_ifrs-fullIncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment" xlink:label="loc_sidRightOfUseInitialRecognitionPropertyPlantAndEquipment" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_sidRightOfUseInitialRecognitionPropertyPlantAndEquipment" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RightOfUseRemesurementPropertyPlantAndEquipment" xlink:label="loc_sidRightOfUseRemesurementPropertyPlantAndEquipment" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_sidRightOfUseRemesurementPropertyPlantAndEquipment" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AroUpdatesPropertyPlantAndEquipment" xlink:label="loc_sidAroUpdatesPropertyPlantAndEquipment" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_sidAroUpdatesPropertyPlantAndEquipment" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment" xlink:label="loc_ifrs-fullIncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsolidationCBSIPropertyPlantAndEquipment" xlink:label="loc_sidConsolidationCBSIPropertyPlantAndEquipment" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_sidConsolidationCBSIPropertyPlantAndEquipment" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersPropertyPlantAndEquipment" xlink:label="loc_sidOthersPropertyPlantAndEquipment" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_sidOthersPropertyPlantAndEquipment" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipment" xlink:label="loc_ifrs-fullPropertyPlantAndEquipment_2" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullPropertyPlantAndEquipment_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/PropertyPlantAndEquipmentDetails1" xlink:title="00000094 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details 1)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentAbstract" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LandMember" xlink:label="loc_ifrs-fullLandMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullLandMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BuildingsMember" xlink:label="loc_ifrs-fullBuildingsMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullBuildingsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MachineryMember" xlink:label="loc_ifrs-fullMachineryMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullMachineryMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullOtherPropertyPlantAndEquipmentMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullOtherPropertyPlantAndEquipmentMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsAxis" xlink:label="loc_ifrs-fullClassesOfAssetsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfAssetsAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsAxis" xlink:to="loc_ifrs-fullClassesOfAssetsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RightofuseAssetsMember" xlink:label="loc_ifrs-fullRightofuseAssetsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfAssetsMember" xlink:to="loc_ifrs-fullRightofuseAssetsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:label="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CarryingAmountMember" xlink:label="loc_ifrs-fullCarryingAmountMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="loc_ifrs-fullCarryingAmountMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossCarryingAmountMember" xlink:label="loc_ifrs-fullGrossCarryingAmountMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_ifrs-fullGrossCarryingAmountMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:label="loc_ifrs-fullAccumulatedDepreciationAndAmortisationMember" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_ifrs-fullAccumulatedDepreciationAndAmortisationMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RightofuseAssets" xlink:label="loc_ifrs-fullRightofuseAssets" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullRightofuseAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:label="loc_ifrs-fullIncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdditionsToRightofuseAssets" xlink:label="loc_ifrs-fullAdditionsToRightofuseAssets" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullAdditionsToRightofuseAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RightofuseAssetsRemeasurement" xlink:label="loc_sidRightofuseAssetsRemeasurement" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_sidRightofuseAssetsRemeasurement" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DepreciationRightofuseAssets" xlink:label="loc_ifrs-fullDepreciationRightofuseAssets" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullDepreciationRightofuseAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_WriteOffRightOfuseAssets" xlink:label="loc_sidWriteOffRightOfuseAssets" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_sidWriteOffRightOfuseAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransfersToOtherAssetCategories" xlink:label="loc_sidTransfersToOtherAssetCategories" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_sidTransfersToOtherAssetCategories" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RightofuseAssets" xlink:label="loc_ifrs-fullRightofuseAssets_2" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullRightofuseAssets_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/PropertyPlantAndEquipmentDetails2" xlink:title="00000095 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details 2)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentTable" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentAbstract" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems" xlink:label="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentTable" xlink:to="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BuildingsMember" xlink:label="loc_ifrs-fullBuildingsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullBuildingsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MachineryMember" xlink:label="loc_ifrs-fullMachineryMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullMachineryMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FixturesAndFittingsMember" xlink:label="loc_ifrs-fullFixturesAndFittingsMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullFixturesAndFittingsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherPropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullOtherPropertyPlantAndEquipmentMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_ifrs-fullOtherPropertyPlantAndEquipmentMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:label="loc_ifrs-fullUsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfPropertyPlantAndEquipmentLineItems" xlink:to="loc_ifrs-fullUsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/PropertyPlantAndEquipmentDetailsNarrative" xlink:title="00000096 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentAbstract" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalizedBorrowingsNonSpecificProjectsRate" xlink:label="loc_sidCapitalizedBorrowingsNonSpecificProjectsRate" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentAbstract" xlink:to="loc_sidCapitalizedBorrowingsNonSpecificProjectsRate" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssetsDetails" xlink:title="00000097 - Disclosure - 12. INTANGIBLE ASSETS (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsAbstract" xlink:to="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:label="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:label="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GoodwillMember" xlink:label="loc_ifrs-fullGoodwillMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullGoodwillMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:label="loc_ifrs-fullCustomerrelatedIntangibleAssetsMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullCustomerrelatedIntangibleAssetsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TechnologybasedIntangibleAssetsMember" xlink:label="loc_ifrs-fullTechnologybasedIntangibleAssetsMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullTechnologybasedIntangibleAssetsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BrandNamesMember" xlink:label="loc_ifrs-fullBrandNamesMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullBrandNamesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LicencesMember" xlink:label="loc_ifrs-fullLicencesMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullLicencesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherIntangibleAssetsMember" xlink:label="loc_ifrs-fullOtherIntangibleAssetsMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullOtherIntangibleAssetsMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:label="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CarryingAmountMember" xlink:label="loc_ifrs-fullCarryingAmountMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis" xlink:to="loc_ifrs-fullCarryingAmountMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossCarryingAmountMember" xlink:label="loc_ifrs-fullGrossCarryingAmountMember" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_ifrs-fullGrossCarryingAmountMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AccumulatedDepreciationAndAmortisationMember" xlink:label="loc_ifrs-fullAccumulatedDepreciationAndAmortisationMember" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_ifrs-fullAccumulatedDepreciationAndAmortisationMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentForAccumulatedRecoverableValueMember" xlink:label="loc_sidAdjustmentForAccumulatedRecoverableValueMember" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCarryingAmountMember" xlink:to="loc_sidAdjustmentForAccumulatedRecoverableValueMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IntangibleAssetsAndGoodwill" xlink:label="loc_ifrs-fullIntangibleAssetsAndGoodwill" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullIntangibleAssetsAndGoodwill" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:label="loc_ifrs-fullIncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:label="loc_ifrs-fullAcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullAcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:label="loc_ifrs-fullIncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill" xlink:label="loc_ifrs-fullAmortisationIntangibleAssetsOtherThanGoodwill" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullAmortisationIntangibleAssetsOtherThanGoodwill" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdditionalRecognitionGoodwill" xlink:label="loc_ifrs-fullAdditionalRecognitionGoodwill" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullAdditionalRecognitionGoodwill" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsolidationCBSIntangibleAssetsAndGoodwill" xlink:label="loc_sidConsolidationCBSIntangibleAssetsAndGoodwill" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_sidConsolidationCBSIntangibleAssetsAndGoodwill" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersIntangibleAssets" xlink:label="loc_sidOthersIntangibleAssets" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_sidOthersIntangibleAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IntangibleAssetsAndGoodwill" xlink:label="loc_ifrs-fullIntangibleAssetsAndGoodwill_2" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullIntangibleAssetsAndGoodwill_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssetsDetails1" xlink:title="00000098 - Disclosure - 12. INTANGIBLE ASSETS (Details 1)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsAbstract" xlink:to="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:label="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:label="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TechnologybasedIntangibleAssetsMember" xlink:label="loc_ifrs-fullTechnologybasedIntangibleAssetsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullTechnologybasedIntangibleAssetsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CustomerrelatedIntangibleAssetsMember" xlink:label="loc_ifrs-fullCustomerrelatedIntangibleAssetsMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullCustomerrelatedIntangibleAssetsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:label="loc_ifrs-fullUsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullUsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssetsDetails2" xlink:title="00000099 - Disclosure - 12. INTANGIBLE ASSETS (Details 2)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsAbstract" xlink:to="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:label="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IntangibleAssetsOtherThanGoodwillMember" xlink:label="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfIntangibleAssetsOtherThanGoodwillAxis" xlink:to="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GoodwillMember" xlink:label="loc_ifrs-fullGoodwillMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullGoodwillMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BrandNamesMember" xlink:label="loc_ifrs-fullBrandNamesMember" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIntangibleAssetsOtherThanGoodwillMember" xlink:to="loc_ifrs-fullBrandNamesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis" xlink:label="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember" xlink:label="loc_ifrs-fullEntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsAxis" xlink:to="loc_ifrs-fullEntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PackagingMember" xlink:label="loc_sidPackagingMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember" xlink:to="loc_sidPackagingMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LongStelMember" xlink:label="loc_sidLongStelMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember" xlink:to="loc_sidLongStelMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MiningMember" xlink:label="loc_sidMiningMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember" xlink:to="loc_sidMiningMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherSteelMember" xlink:label="loc_sidOtherSteelMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForIndividualAssetsOrCashgeneratingUnitsMember" xlink:to="loc_sidOtherSteelMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SegmentsAxis" xlink:label="loc_ifrs-fullSegmentsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullSegmentsAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SegmentsMember" xlink:label="loc_ifrs-fullSegmentsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSegmentsAxis" xlink:to="loc_ifrs-fullSegmentsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SteelMember" xlink:label="loc_sidSteelMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSegmentsMember" xlink:to="loc_sidSteelMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MinningMember" xlink:label="loc_sidMinningMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSegmentsMember" xlink:to="loc_sidMinningMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount" xlink:label="loc_ifrs-fullAmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullAmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssetsDetails3" xlink:title="00000100 - Disclosure - 12. INTANGIBLE ASSETS (Details 3)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsAbstract" xlink:to="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:label="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForCashgeneratingUnitsMember" xlink:label="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:to="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PackagingMember" xlink:label="loc_sidPackagingMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" xlink:to="loc_sidPackagingMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MiningMember" xlink:label="loc_sidMiningMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" xlink:to="loc_sidMiningMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherSteelMember" xlink:label="loc_sidOtherSteelMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" xlink:to="loc_sidOtherSteelMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FlatSteelMember" xlink:label="loc_sidFlatSteelMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" xlink:to="loc_sidFlatSteelMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LogisticMember" xlink:label="loc_sidLogisticMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" xlink:to="loc_sidLogisticMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-fullRangeAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullRangeAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BottomOfRangeMember" xlink:label="loc_ifrs-fullBottomOfRangeMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullBottomOfRangeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="loc_ifrs-fullTopOfRangeMember" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullTopOfRangeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined" xlink:label="loc_ifrs-fullDescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullDescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections" xlink:label="loc_ifrs-fullDescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullDescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal" xlink:label="loc_ifrs-fullDescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullDescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization" xlink:label="loc_sidDescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_sidDescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate" xlink:label="loc_ifrs-fullDescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullDescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections" xlink:label="loc_ifrs-fullDescriptionOfDiscountRatesAppliedToCashFlowProjections" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullDescriptionOfDiscountRatesAppliedToCashFlowProjections" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IntangibleAssetsDetailsNarrative" xlink:title="00000101 - Disclosure - 12. INTANGIBLE ASSETS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsAbstract" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsTable" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsAbstract" xlink:to="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfIntangibleAssetsLineItems" xlink:label="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:label="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" xlink:label="loc_ifrs-fullEntitysTotalForSubsidiariesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_ifrs-fullEntitysTotalForSubsidiariesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CKTRBrasilServicosLtdaMember" xlink:label="loc_sidCKTRBrasilServicosLtdaMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCKTRBrasilServicosLtdaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ImpairmentLoss" xlink:label="loc_ifrs-fullImpairmentLoss" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullImpairmentLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestInSubsidiary" xlink:label="loc_ifrs-fullProportionOfOwnershipInterestInSubsidiary" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullProportionOfOwnershipInterestInSubsidiary" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests" xlink:label="loc_ifrs-fullProportionOfOwnershipInterestsHeldByNoncontrollingInterests" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfIntangibleAssetsLineItems" xlink:to="loc_ifrs-fullProportionOfOwnershipInterestsHeldByNoncontrollingInterests" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingDetails" xlink:title="00000102 - Disclosure - 13. BORROWINGS AND FINANCING (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingAbstract" xlink:label="loc_sidBorrowingsAndFinancingAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingTable" xlink:label="loc_sidBorrowingsAndFinancingTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_sidBorrowingsAndFinancingTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingLineItems" xlink:label="loc_sidBorrowingsAndFinancingLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_sidBorrowingsAndFinancingLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariableInterestMember" xlink:label="loc_sidVariableInterestMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_sidVariableInterestMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FixedInterestMember" xlink:label="loc_sidFixedInterestMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_sidFixedInterestMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsByNameAxis" xlink:label="loc_ifrs-fullBorrowingsByNameAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_ifrs-fullBorrowingsByNameAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PrepaymentMember" xlink:label="loc_sidPrepaymentMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_sidPrepaymentMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondsPerpetualBondsAndACCMember" xlink:label="loc_sidBondsPerpetualBondsAndACCMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_sidBondsPerpetualBondsAndACCMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FacilityMember" xlink:label="loc_sidFacilityMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_sidFacilityMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BNDESFINAMEDebenturesNCEAndCCBMember" xlink:label="loc_sidBNDESFINAMEDebenturesNCEAndCCBMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_sidBNDESFINAMEDebenturesNCEAndCCBMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IntercompanyMember" xlink:label="loc_sidIntercompanyMember" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_sidIntercompanyMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyAxis" xlink:label="loc_sidTypeOfFunctionalCurrencyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_sidTypeOfFunctionalCurrencyAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyDomain" xlink:label="loc_sidTypeOfFunctionalCurrencyDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTypeOfFunctionalCurrencyAxis" xlink:to="loc_sidTypeOfFunctionalCurrencyDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ForeignCurrencyMember" xlink:label="loc_sidForeignCurrencyMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTypeOfFunctionalCurrencyDomain" xlink:to="loc_sidForeignCurrencyMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LocalCurrencyMember" xlink:label="loc_sidLocalCurrencyMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTypeOfFunctionalCurrencyDomain" xlink:to="loc_sidLocalCurrencyMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_srtCurrencyAxis" order="40" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_EUR" xlink:label="loc_currencyEUR" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyEUR" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossShorttermBorrowings" xlink:label="loc_sidGrossShorttermBorrowings" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_sidGrossShorttermBorrowings" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossLongtermBorrowings" xlink:label="loc_sidGrossLongtermBorrowings" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_sidGrossLongtermBorrowings" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingCostsRecognisedAsExpenseCurrent" xlink:label="loc_sidBorrowingCostsRecognisedAsExpenseCurrent" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_sidBorrowingCostsRecognisedAsExpenseCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingCostsRecognisedAsExpenseNoncurent" xlink:label="loc_sidBorrowingCostsRecognisedAsExpenseNoncurent" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_sidBorrowingCostsRecognisedAsExpenseNoncurent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ShorttermBorrowings" xlink:label="loc_ifrs-fullShorttermBorrowings" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_ifrs-fullShorttermBorrowings" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LongtermBorrowings" xlink:label="loc_ifrs-fullLongtermBorrowings" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_ifrs-fullLongtermBorrowings" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingDetails1" xlink:title="00000103 - Disclosure - 13. BORROWINGS AND FINANCING (Details 1)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingAbstract" xlink:label="loc_sidBorrowingsAndFinancingAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingTable" xlink:label="loc_sidBorrowingsAndFinancingTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_sidBorrowingsAndFinancingTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingLineItems" xlink:label="loc_sidBorrowingsAndFinancingLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_sidBorrowingsAndFinancingLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_srtCurrencyAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_USD" xlink:label="loc_currencyUSD" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyUSD" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_EUR" xlink:label="loc_currencyEUR" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyEUR" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyAxis" xlink:label="loc_sidTypeOfFunctionalCurrencyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_sidTypeOfFunctionalCurrencyAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyDomain" xlink:label="loc_sidTypeOfFunctionalCurrencyDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTypeOfFunctionalCurrencyAxis" xlink:to="loc_sidTypeOfFunctionalCurrencyDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LocalCurrencyMember" xlink:label="loc_sidLocalCurrencyMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTypeOfFunctionalCurrencyDomain" xlink:to="loc_sidLocalCurrencyMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsInterestRate" xlink:label="loc_ifrs-fullBorrowingsInterestRate" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_ifrs-fullBorrowingsInterestRate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Borrowings" xlink:label="loc_ifrs-fullBorrowings" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_ifrs-fullBorrowings" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingDetails2" xlink:title="00000104 - Disclosure - 13. BORROWINGS AND FINANCING (Details 2)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingAbstract" xlink:label="loc_sidBorrowingsAndFinancingAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingTable" xlink:label="loc_sidBorrowingsAndFinancingTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_sidBorrowingsAndFinancingTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingLineItems" xlink:label="loc_sidBorrowingsAndFinancingLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_sidBorrowingsAndFinancingLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="loc_ifrs-fullMaturityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_ifrs-fullMaturityAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:label="loc_ifrs-fullLaterThanOneYearAndNotLaterThanTwoYearsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:label="loc_ifrs-fullLaterThanTwoYearsAndNotLaterThanThreeYearsMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:label="loc_ifrs-fullLaterThanThreeYearsAndNotLaterThanFourYearsMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanThreeYearsAndNotLaterThanFourYearsMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:label="loc_ifrs-fullLaterThanFourYearsAndNotLaterThanFiveYearsMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanFourYearsAndNotLaterThanFiveYearsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanFiveYearsAndNotLaterThanSixYearsMember" xlink:label="loc_sidLaterThanFiveYearsAndNotLaterThanSixYearsMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidLaterThanFiveYearsAndNotLaterThanSixYearsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanSixYearsAndNotLaterThanSevenYearsMember" xlink:label="loc_sidLaterThanSixYearsAndNotLaterThanSevenYearsMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidLaterThanSixYearsAndNotLaterThanSevenYearsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AfterSixYearsMember" xlink:label="loc_sidAfterSixYearsMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidAfterSixYearsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PerpetualBondsMember" xlink:label="loc_sidPerpetualBondsMember" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidPerpetualBondsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyAxis" xlink:label="loc_sidTypeOfFunctionalCurrencyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_sidTypeOfFunctionalCurrencyAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyDomain" xlink:label="loc_sidTypeOfFunctionalCurrencyDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTypeOfFunctionalCurrencyAxis" xlink:to="loc_sidTypeOfFunctionalCurrencyDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ForeignCurrencyMember" xlink:label="loc_sidForeignCurrencyMember" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTypeOfFunctionalCurrencyDomain" xlink:to="loc_sidForeignCurrencyMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NationalCurrencyMember" xlink:label="loc_sidNationalCurrencyMember" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTypeOfFunctionalCurrencyDomain" xlink:to="loc_sidNationalCurrencyMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Borrowings" xlink:label="loc_ifrs-fullBorrowings" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_ifrs-fullBorrowings" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingDetails3" xlink:title="00000105 - Disclosure - 13. BORROWINGS AND FINANCING (Details 3)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingAbstract" xlink:label="loc_sidBorrowingsAndFinancingAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherBorrowings" xlink:label="loc_ifrs-fullOtherBorrowings" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_ifrs-fullOtherBorrowings" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionalFundingTransactions" xlink:label="loc_sidAdditionalFundingTransactions" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_sidAdditionalFundingTransactions" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:label="loc_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestExpenseOnBorrowings" xlink:label="loc_ifrs-fullInterestExpenseOnBorrowings" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_ifrs-fullInterestExpenseOnBorrowings" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ChangesInOtherBorrowingsProvisions" xlink:label="loc_sidChangesInOtherBorrowingsProvisions" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_sidChangesInOtherBorrowingsProvisions" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsolidationOfCBS" xlink:label="loc_sidConsolidationOfCBS" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_sidConsolidationOfCBS" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersChangesInOtherBorrowings" xlink:label="loc_sidOthersChangesInOtherBorrowings" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_sidOthersChangesInOtherBorrowings" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherBorrowings" xlink:label="loc_ifrs-fullOtherBorrowings_2" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_ifrs-fullOtherBorrowings_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingDetails4" xlink:title="00000106 - Disclosure - 13. BORROWINGS AND FINANCING (Details 4)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingAbstract" xlink:label="loc_sidBorrowingsAndFinancingAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingTable" xlink:label="loc_sidBorrowingsAndFinancingTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_sidBorrowingsAndFinancingTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingLineItems" xlink:label="loc_sidBorrowingsAndFinancingLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_sidBorrowingsAndFinancingLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsByNameAxis" xlink:label="loc_ifrs-fullBorrowingsByNameAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingTable" xlink:to="loc_ifrs-fullBorrowingsByNameAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsByNameMember" xlink:label="loc_ifrs-fullBorrowingsByNameMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameAxis" xlink:to="loc_ifrs-fullBorrowingsByNameMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PrepaymentMember" xlink:label="loc_sidPrepaymentMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_sidPrepaymentMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondsPerpetualBondsACCAndFacilityMember" xlink:label="loc_sidBondsPerpetualBondsACCAndFacilityMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_sidBondsPerpetualBondsACCAndFacilityMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BNDESFINAMEDebenturesNCEAndCCBMember" xlink:label="loc_sidBNDESFINAMEDebenturesNCEAndCCBMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullBorrowingsByNameMember" xlink:to="loc_sidBNDESFINAMEDebenturesNCEAndCCBMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionalFundingTransactions" xlink:label="loc_sidAdditionalFundingTransactions" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_sidAdditionalFundingTransactions" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:label="loc_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_ifrs-fullRepaymentsOfBorrowingsClassifiedAsFinancingActivities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestExpenseOnBorrowings" xlink:label="loc_ifrs-fullInterestExpenseOnBorrowings" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingLineItems" xlink:to="loc_ifrs-fullInterestExpenseOnBorrowings" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTerseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/BorrowingsAndFinancingDetailsNarrative" xlink:title="00000107 - Disclosure - 13. BORROWINGS AND FINANCING (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingAbstract" xlink:label="loc_sidBorrowingsAndFinancingAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccruedCommisionOnRiskAssumption" xlink:label="loc_sidAccruedCommisionOnRiskAssumption" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidBorrowingsAndFinancingAbstract" xlink:to="loc_sidAccruedCommisionOnRiskAssumption" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails" xlink:title="00000108 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" xlink:label="loc_ifrs-fullClassesOfFinancialAssetsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfFinancialAssetsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DerivativesMember" xlink:label="loc_ifrs-fullDerivativesMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullDerivativesMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashAndCashEquivalantMember" xlink:label="loc_sidCashAndCashEquivalantMember" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidCashAndCashEquivalantMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ShortTermInvestmentMember" xlink:label="loc_sidShortTermInvestmentMember" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidShortTermInvestmentMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeReceivablesMember" xlink:label="loc_ifrs-fullTradeReceivablesMember" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullTradeReceivablesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradingEquitySecuritiesMember" xlink:label="loc_ifrs-fullTradingEquitySecuritiesMember" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullTradingEquitySecuritiesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentPropertyMember" xlink:label="loc_ifrs-fullInvestmentPropertyMember" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullInvestmentPropertyMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherTradeReceivablesMember" xlink:label="loc_sidOtherTradeReceivablesMember" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidOtherTradeReceivablesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CompulsoryLoanEletrobrasMember" xlink:label="loc_sidCompulsoryLoanEletrobrasMember" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidCompulsoryLoanEletrobrasMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReceivablesByIndemnityMember" xlink:label="loc_sidReceivablesByIndemnityMember" />
      <link:presentationArc order="290" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidReceivablesByIndemnityMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RelatedPartiesMember" xlink:label="loc_ifrs-fullRelatedPartiesMember" />
      <link:presentationArc order="310" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullRelatedPartiesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInvestmentesMember" xlink:label="loc_sidFinancialInvestmentesMember" />
      <link:presentationArc order="330" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidFinancialInvestmentesMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesMember" xlink:label="loc_ifrs-fullFinancialLiabilitiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:to="loc_ifrs-fullFinancialLiabilitiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeasesMember" xlink:label="loc_sidLeasesMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidLeasesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesDraweeRiskMember" xlink:label="loc_sidTradePayablesDraweeRiskMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidTradePayablesDraweeRiskMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesMember" xlink:label="loc_sidTradePayablesMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidTradePayablesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingMember" xlink:label="loc_sidBorrowingsAndFinancingMember" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidBorrowingsAndFinancingMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsAndInterestOnEquityMember" xlink:label="loc_sidDividendsAndInterestOnEquityMember" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidDividendsAndInterestOnEquityMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullCurrentFinancialAssetsAtFairValueThroughProfitOrLoss" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialAssetsAtAmortisedCost" xlink:label="loc_ifrs-fullCurrentFinancialAssetsAtAmortisedCost" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCurrentFinancialAssetsAtAmortisedCost" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialAssets" xlink:label="loc_ifrs-fullCurrentFinancialAssets" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCurrentFinancialAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullNoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost" xlink:label="loc_ifrs-fullNoncurrentFinancialAssetsAtAmortisedCost" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNoncurrentFinancialAssetsAtAmortisedCost" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialAssets" xlink:label="loc_ifrs-fullNoncurrentFinancialAssets" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNoncurrentFinancialAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullFinancialAssetsAtFairValueThroughProfitOrLoss" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsAtAmortisedCost" xlink:label="loc_ifrs-fullFinancialAssetsAtAmortisedCost" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialAssetsAtAmortisedCost" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssets" xlink:label="loc_ifrs-fullFinancialAssets" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullCurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost" xlink:label="loc_ifrs-fullCurrentFinancialLiabilitiesAtAmortisedCost" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCurrentFinancialLiabilitiesAtAmortisedCost" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialLiabilities" xlink:label="loc_ifrs-fullCurrentFinancialLiabilities" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCurrentFinancialLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullNoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialLiabilitiesAtAmortisedCost" xlink:label="loc_ifrs-fullNoncurrentFinancialLiabilitiesAtAmortisedCost" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNoncurrentFinancialLiabilitiesAtAmortisedCost" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialLiabilities" xlink:label="loc_ifrs-fullNoncurrentFinancialLiabilities" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNoncurrentFinancialLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullFinancialLiabilitiesAtFairValueThroughProfitOrLoss" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesAtAmortisedCost" xlink:label="loc_ifrs-fullFinancialLiabilitiesAtAmortisedCost" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialLiabilitiesAtAmortisedCost" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilities" xlink:label="loc_ifrs-fullFinancialLiabilities" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialLiabilities" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails1" xlink:title="00000109 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 1)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" xlink:label="loc_ifrs-fullClassesOfFinancialAssetsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfFinancialAssetsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInvestmentes1Member" xlink:label="loc_sidFinancialInvestmentes1Member" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidFinancialInvestmentes1Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DerivativesMember" xlink:label="loc_ifrs-fullDerivativesMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullDerivativesMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Derivatives1Member" xlink:label="loc_sidDerivatives1Member" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidDerivatives1Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradingEquitySecuritiesMember" xlink:label="loc_ifrs-fullTradingEquitySecuritiesMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullTradingEquitySecuritiesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InvestmentPropertyMember" xlink:label="loc_ifrs-fullInvestmentPropertyMember" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullInvestmentPropertyMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InvestmentProperty1Member" xlink:label="loc_sidInvestmentProperty1Member" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidInvestmentProperty1Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LevelsOfFairValueHierarchyAxis" xlink:label="loc_ifrs-fullLevelsOfFairValueHierarchyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullLevelsOfFairValueHierarchyAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AllLevelsOfFairValueHierarchyMember" xlink:label="loc_ifrs-fullAllLevelsOfFairValueHierarchyMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLevelsOfFairValueHierarchyAxis" xlink:to="loc_ifrs-fullAllLevelsOfFairValueHierarchyMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Level1OfFairValueHierarchyMember" xlink:label="loc_ifrs-fullLevel1OfFairValueHierarchyMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAllLevelsOfFairValueHierarchyMember" xlink:to="loc_ifrs-fullLevel1OfFairValueHierarchyMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Level2OfFairValueHierarchyMember" xlink:label="loc_ifrs-fullLevel2OfFairValueHierarchyMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAllLevelsOfFairValueHierarchyMember" xlink:to="loc_ifrs-fullLevel2OfFairValueHierarchyMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullCurrentFinancialAssetsAtFairValueThroughProfitOrLoss" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullNoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullFinancialAssetsAtFairValueThroughProfitOrLoss" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialAssetsAtFairValueThroughProfitOrLoss" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullCurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullNoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:label="loc_ifrs-fullFinancialLiabilitiesAtFairValueThroughProfitOrLoss" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialLiabilitiesAtFairValueThroughProfitOrLoss" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails2" xlink:title="00000110 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 2)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfShareCapitalAxis" xlink:label="loc_ifrs-fullClassesOfShareCapitalAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfShareCapitalAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OrdinarySharesOneMember" xlink:label="loc_sidOrdinarySharesOneMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_sidOrdinarySharesOneMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PreferenceSharesMember" xlink:label="loc_ifrs-fullPreferenceSharesMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_ifrs-fullPreferenceSharesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PreferenceSharesoneMember" xlink:label="loc_sidPreferenceSharesoneMember" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_sidPreferenceSharesoneMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalSharesMember" xlink:label="loc_sidTotalSharesMember" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_sidTotalSharesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfShares" xlink:label="loc_sidNumberOfShares" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidNumberOfShares" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InvestmentInterestRate1" xlink:label="loc_sidInvestmentInterestRate1" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidInvestmentInterestRate1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SharePrice1" xlink:label="loc_sidSharePrice1" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidSharePrice1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_StockValue" xlink:label="loc_sidStockValue" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidStockValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueAdjustmentRecognizedInProfitOrloss" xlink:label="loc_sidFairValueAdjustmentRecognizedInProfitOrloss" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidFairValueAdjustmentRecognizedInProfitOrloss" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails3" xlink:title="00000111 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 3)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_srtCurrencyAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_USMember" xlink:label="loc_sidUSMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_sidUSMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EURMember" xlink:label="loc_sidEURMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_sidEURMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" xlink:label="loc_ifrs-fullClassesOfFinancialAssetsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfFinancialAssetsAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashAndCashEquivalentsOverseasMember" xlink:label="loc_sidCashAndCashEquivalentsOverseasMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidCashAndCashEquivalentsOverseasMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeReceivablesMember" xlink:label="loc_ifrs-fullTradeReceivablesMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullTradeReceivablesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherAssetsMember" xlink:label="loc_ifrs-fullOtherAssetsMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullOtherAssetsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfAssetsMember" xlink:label="loc_ifrs-fullClassesOfAssetsMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullClassesOfAssetsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInvestmentsMember" xlink:label="loc_sidFinancialInvestmentsMember" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidFinancialInvestmentsMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" order="40" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesMember" xlink:label="loc_ifrs-fullFinancialLiabilitiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:to="loc_ifrs-fullFinancialLiabilitiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingMember" xlink:label="loc_sidBorrowingsAndFinancingMember" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidBorrowingsAndFinancingMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesMember" xlink:label="loc_sidTradePayablesMember" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidTradePayablesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherLiabilities1Member" xlink:label="loc_sidOtherLiabilities1Member" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidOtherLiabilities1Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_ifrs-fullLiabilitiesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IronOreDerivativeMember" xlink:label="loc_sidIronOreDerivativeMember" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidIronOreDerivativeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesAxis" xlink:label="loc_ifrs-fullTypesOfHedgesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfHedgesAxis" order="50" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowHedgesMember" xlink:label="loc_ifrs-fullCashFlowHedgesMember" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_ifrs-fullCashFlowHedgesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencySwapContractMember" xlink:label="loc_ifrs-fullCurrencySwapContractMember" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_ifrs-fullCurrencySwapContractMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossCreditExposure" xlink:label="loc_sidGrossCreditExposure" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidGrossCreditExposure" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CreditExposure" xlink:label="loc_ifrs-fullCreditExposure" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCreditExposure" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PerpetualBonds" xlink:label="loc_sidPerpetualBonds" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidPerpetualBonds" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CreditExposureExcludingPerpetualBonds" xlink:label="loc_sidCreditExposureExcludingPerpetualBonds" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidCreditExposureExcludingPerpetualBonds" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails4" xlink:title="00000112 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 4)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_srtCurrencyAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd#country_US" xlink:label="loc_countryUS" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_countryUS" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EURMember" xlink:label="loc_sidEURMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_sidEURMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_USDXEURMember" xlink:label="loc_sidUSDXEURMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_sidUSDXEURMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProbabilityOfDefaultAxis" xlink:label="loc_ifrs-fullProbabilityOfDefaultAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullProbabilityOfDefaultAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProbableScenarioMember" xlink:label="loc_sidProbableScenarioMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidProbableScenarioMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIMember" xlink:label="loc_sidScenarioIMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIIMember" xlink:label="loc_sidScenarioIIMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIIMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClosingForeignExchangeRate" xlink:label="loc_ifrs-fullClosingForeignExchangeRate" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullClosingForeignExchangeRate" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails5" xlink:title="00000113 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 5)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsAxis" xlink:label="loc_ifrs-fullHedgingInstrumentsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullHedgingInstrumentsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="loc_ifrs-fullHedgingInstrumentsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsAxis" xlink:to="loc_ifrs-fullHedgingInstrumentsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapDollarEuroMember" xlink:label="loc_sidExchangeRateSwapDollarEuroMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExchangeRateSwapDollarEuroMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateAwapCDIDollarMember" xlink:label="loc_sidExchangeRateAwapCDIDollarMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExchangeRateAwapCDIDollarMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProbabilityOfDefaultAxis" xlink:label="loc_ifrs-fullProbabilityOfDefaultAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullProbabilityOfDefaultAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProbableScenarioMember" xlink:label="loc_sidProbableScenarioMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidProbableScenarioMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIMember" xlink:label="loc_sidScenarioIMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIIMember" xlink:label="loc_sidScenarioIIMember" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIIMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_srtCurrencyAxis" order="40" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd#country_US" xlink:label="loc_countryUS" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_countryUS" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_EUR" xlink:label="loc_currencyEUR" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyEUR" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesAxis" xlink:label="loc_ifrs-fullTypesOfHedgesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfHedgesAxis" order="50" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetExchangePositionOneMember" xlink:label="loc_sidNetExchangePositionOneMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_sidNetExchangePositionOneMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetExchangePositionMember" xlink:label="loc_sidNetExchangePositionMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_sidNetExchangePositionMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossExchangePositionMember" xlink:label="loc_sidGrossExchangePositionMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_sidGrossExchangePositionMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowHedgesMember" xlink:label="loc_ifrs-fullCashFlowHedgesMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_ifrs-fullCashFlowHedgesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NotionalAmount" xlink:label="loc_ifrs-fullNotionalAmount" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNotionalAmount" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CurrencyRisk" xlink:label="loc_sidCurrencyRisk" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidCurrencyRisk" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss" xlink:label="loc_ifrs-fullGainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullGainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails6" xlink:title="00000114 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 6)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProbabilityOfDefaultAxis" xlink:label="loc_ifrs-fullProbabilityOfDefaultAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullProbabilityOfDefaultAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProbableScenarioMember" xlink:label="loc_sidProbableScenarioMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidProbableScenarioMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIIThreeMember" xlink:label="loc_sidScenarioIIThreeMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIIThreeMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIITwoMember" xlink:label="loc_sidScenarioIITwoMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIITwoMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfShareCapitalAxis" xlink:label="loc_ifrs-fullClassesOfShareCapitalAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfShareCapitalAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfShareCapitalMember" xlink:label="loc_ifrs-fullClassesOfShareCapitalMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalAxis" xlink:to="loc_ifrs-fullClassesOfShareCapitalMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OrdinarySharesOneMember" xlink:label="loc_sidOrdinarySharesOneMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_sidOrdinarySharesOneMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PreferenceSharesMember" xlink:label="loc_ifrs-fullPreferenceSharesMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_ifrs-fullPreferenceSharesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PreferenceSharesoneMember" xlink:label="loc_sidPreferenceSharesoneMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfShareCapitalMember" xlink:to="loc_sidPreferenceSharesoneMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityAnalysisForStockPriceRisks" xlink:label="loc_sidSensitivityAnalysisForStockPriceRisks" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidSensitivityAnalysisForStockPriceRisks" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails7" xlink:title="00000115 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 7)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestRateRiskMember" xlink:label="loc_ifrs-fullInterestRateRiskMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullInterestRateRiskMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariableInterestRateAxis" xlink:label="loc_sidVariableInterestRateAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_sidVariableInterestRateAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariableInterestRateDomain" xlink:label="loc_sidVariableInterestRateDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidVariableInterestRateAxis" xlink:to="loc_sidVariableInterestRateDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CDIMember" xlink:label="loc_sidCDIMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidVariableInterestRateDomain" xlink:to="loc_sidCDIMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TJLPMember" xlink:label="loc_sidTJLPMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidVariableInterestRateDomain" xlink:to="loc_sidTJLPMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LondonInterbankOfferedRateLIBOROneMember" xlink:label="loc_sidLondonInterbankOfferedRateLIBOROneMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidVariableInterestRateDomain" xlink:to="loc_sidLondonInterbankOfferedRateLIBOROneMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProbabilityOfDefaultAxis" xlink:label="loc_ifrs-fullProbabilityOfDefaultAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullProbabilityOfDefaultAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIMember" xlink:label="loc_sidScenarioIMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIIMember" xlink:label="loc_sidScenarioIIMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIIMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityAnalysisInterestRate" xlink:label="loc_sidSensitivityAnalysisInterestRate" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidSensitivityAnalysisInterestRate" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails8" xlink:title="00000116 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 8)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestRateRiskMember" xlink:label="loc_ifrs-fullInterestRateRiskMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullInterestRateRiskMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariableInterestRateAxis" xlink:label="loc_sidVariableInterestRateAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_sidVariableInterestRateAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariableInterestRateDomain" xlink:label="loc_sidVariableInterestRateDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidVariableInterestRateAxis" xlink:to="loc_sidVariableInterestRateDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TJLPMember" xlink:label="loc_sidTJLPMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidVariableInterestRateDomain" xlink:to="loc_sidTJLPMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LIBORMember" xlink:label="loc_sidLIBORMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidVariableInterestRateDomain" xlink:to="loc_sidLIBORMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CDIMember" xlink:label="loc_sidCDIMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidVariableInterestRateDomain" xlink:to="loc_sidCDIMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProbabilityOfDefaultAxis" xlink:label="loc_ifrs-fullProbabilityOfDefaultAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullProbabilityOfDefaultAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProbableScenarioMember" xlink:label="loc_sidProbableScenarioMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidProbableScenarioMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIMember" xlink:label="loc_sidScenarioIMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIIMember" xlink:label="loc_sidScenarioIIMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIIMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InterestRatesDuringTheYear" xlink:label="loc_sidInterestRatesDuringTheYear" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidInterestRatesDuringTheYear" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssets" xlink:label="loc_ifrs-fullFinancialAssets" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilities" xlink:label="loc_ifrs-fullFinancialLiabilities" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails9" xlink:title="00000117 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 9)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProbabilityOfDefaultAxis" xlink:label="loc_ifrs-fullProbabilityOfDefaultAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullProbabilityOfDefaultAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProbableScenarioMember" xlink:label="loc_sidProbableScenarioMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidProbableScenarioMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIITwoMember" xlink:label="loc_sidScenarioIITwoMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIITwoMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIIThreeMember" xlink:label="loc_sidScenarioIIThreeMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIIThreeMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="loc_ifrs-fullMaturityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullMaturityAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NotLaterThanOneYearsMember" xlink:label="loc_sidNotLaterThanOneYearsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidNotLaterThanOneYearsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneYearMember" xlink:label="loc_ifrs-fullLaterThanOneYearMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanOneYearMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityAnalysisForPriceRisks" xlink:label="loc_sidSensitivityAnalysisForPriceRisks" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidSensitivityAnalysisForPriceRisks" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails10" xlink:title="00000118 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 10)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsAxis" xlink:label="loc_ifrs-fullHedgingInstrumentsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullHedgingInstrumentsAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="loc_ifrs-fullHedgingInstrumentsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsAxis" xlink:to="loc_ifrs-fullHedgingInstrumentsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapDollarEuroMember" xlink:label="loc_sidExchangeRateSwapDollarEuroMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExchangeRateSwapDollarEuroMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapDollarEuroOneMember" xlink:label="loc_sidExchangeRateSwapDollarEuroOneMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExchangeRateSwapDollarEuroOneMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalDollarToEuroSwapMember" xlink:label="loc_sidTotalDollarToEuroSwapMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidTotalDollarToEuroSwapMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapGBPEuroMember" xlink:label="loc_sidExchangeRateSwapGBPEuroMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExchangeRateSwapGBPEuroMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalSwapGBPEuroMember" xlink:label="loc_sidTotalSwapGBPEuroMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidTotalSwapGBPEuroMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapCDIDollarMember" xlink:label="loc_sidExchangeRateSwapCDIDollarMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExchangeRateSwapCDIDollarMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalSwapCDIDollarMember" xlink:label="loc_sidTotalSwapCDIDollarMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidTotalSwapCDIDollarMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Maturity" xlink:label="loc_sidMaturity" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidMaturity" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FunctionalCurrency" xlink:label="loc_sidFunctionalCurrency" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidFunctionalCurrency" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NotionalAmounts" xlink:label="loc_sidNotionalAmounts" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidNotionalAmounts" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AppreciationAssetPosition" xlink:label="loc_sidAppreciationAssetPosition" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidAppreciationAssetPosition" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AppreciationLiabilityPosition" xlink:label="loc_sidAppreciationLiabilityPosition" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidAppreciationLiabilityPosition" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueMarketAmoountReceivablePayable" xlink:label="loc_sidFairValueMarketAmoountReceivablePayable" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidFairValueMarketAmoountReceivablePayable" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ImpactOnFinancialIncomeExpenses" xlink:label="loc_sidImpactOnFinancialIncomeExpenses" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidImpactOnFinancialIncomeExpenses" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails11" xlink:title="00000119 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 11)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesAxis" xlink:label="loc_ifrs-fullTypesOfHedgesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfHedgesAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowHedgesMember" xlink:label="loc_ifrs-fullCashFlowHedgesMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_ifrs-fullCashFlowHedgesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsAxis" xlink:label="loc_ifrs-fullHedgingInstrumentsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullHedgingInstrumentsAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="loc_ifrs-fullHedgingInstrumentsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsAxis" xlink:to="loc_ifrs-fullHedgingInstrumentsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesOneMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesOneMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesOneMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesTwoMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesTwoMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesTwoMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesThreeMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesThreeMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesThreeMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesFourMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesFourMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesFourMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesFiveMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesFiveMember" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesFiveMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesSixMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesSixMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesSixMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesSevenMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesSevenMember" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesSevenMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesEightMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesEightMember" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesEightMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesNineMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesNineMember" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesNineMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesTenMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesTenMember" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesTenMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentsInUsToThirdPartiesElevenMember" xlink:label="loc_sidExportPrepaymentsInUsToThirdPartiesElevenMember" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExportPrepaymentsInUsToThirdPartiesElevenMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondMember" xlink:label="loc_sidBondMember" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidBondMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondsandExportprepaymentsinUSMember" xlink:label="loc_sidBondsandExportprepaymentsinUSMember" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidBondsandExportprepaymentsinUSMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondsandExportprepaymentsinUSOneMember" xlink:label="loc_sidBondsandExportprepaymentsinUSOneMember" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidBondsandExportprepaymentsinUSOneMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BondOneMember" xlink:label="loc_sidBondOneMember" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidBondOneMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_HedgingRelationshipDesignationDate" xlink:label="loc_sidHedgingRelationshipDesignationDate" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidHedgingRelationshipDesignationDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument" xlink:label="loc_ifrs-fullDescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfNatureOfRisksBeingHedged" xlink:label="loc_ifrs-fullDescriptionOfNatureOfRisksBeingHedged" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDescriptionOfNatureOfRisksBeingHedged" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfTypeOfHedge" xlink:label="loc_ifrs-fullDescriptionOfTypeOfHedge" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDescriptionOfTypeOfHedge" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur" xlink:label="loc_ifrs-fullDescriptionOfPeriodsWhenCashFlowsExpectedToOccur" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDescriptionOfPeriodsWhenCashFlowsExpectedToOccur" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AveragePriceOfHedgingInstrument" xlink:label="loc_ifrs-fullAveragePriceOfHedgingInstrument" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullAveragePriceOfHedgingInstrument" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgedItemAssets" xlink:label="loc_ifrs-fullHedgedItemAssets" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullHedgedItemAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization" xlink:label="loc_sidFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments" xlink:label="loc_sidEffectOnFinancialInstrumentsDesignatedAsHedgingInstruments" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidEffectOnFinancialInstrumentsDesignatedAsHedgingInstruments" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:label="loc_ifrs-fullOtherComprehensiveIncomeNetOfTaxCashFlowHedges" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullOtherComprehensiveIncomeNetOfTaxCashFlowHedges" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails12" xlink:title="00000120 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 12)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesAxis" xlink:label="loc_ifrs-fullTypesOfHedgesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfHedgesAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowHedgesMember" xlink:label="loc_ifrs-fullCashFlowHedgesMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_ifrs-fullCashFlowHedgesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:label="loc_ifrs-fullFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:label="loc_ifrs-fullGainsLossesOnCashFlowHedgesNetOfTax" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullGainsLossesOnCashFlowHedgesNetOfTax" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:label="loc_ifrs-fullReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue" xlink:label="loc_ifrs-fullFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_2" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails13" xlink:title="00000121 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 13)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="loc_ifrs-fullMaturityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullMaturityAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NotLaterThanThreeMonthsMember" xlink:label="loc_ifrs-fullNotLaterThanThreeMonthsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullNotLaterThanThreeMonthsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:label="loc_ifrs-fullLaterThanOneMonthAndNotLaterThanThreeMonthsMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanOneMonthAndNotLaterThanThreeMonthsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember" xlink:label="loc_ifrs-fullLaterThanThreeMonthsAndNotLaterThanOneYearMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanThreeMonthsAndNotLaterThanOneYearMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember" xlink:label="loc_ifrs-fullLaterThanThreeMonthsAndNotLaterThanSixMonthsMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanThreeMonthsAndNotLaterThanSixMonthsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember" xlink:label="loc_ifrs-fullLaterThanSixMonthsAndNotLaterThanOneYearMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanSixMonthsAndNotLaterThanOneYearMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:label="loc_ifrs-fullLaterThanOneYearAndNotLaterThanFiveYearsMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Notional" xlink:label="loc_sidNotional" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidNotional" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AppreciationAssetPosition" xlink:label="loc_sidAppreciationAssetPosition" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidAppreciationAssetPosition" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AppreciationLiabilityPosition" xlink:label="loc_sidAppreciationLiabilityPosition" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidAppreciationLiabilityPosition" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueMarketAmoountReceivablePayable" xlink:label="loc_sidFairValueMarketAmoountReceivablePayable" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidFairValueMarketAmoountReceivablePayable" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherOperatingIncomeExpense" xlink:label="loc_ifrs-fullOtherOperatingIncomeExpense" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullOtherOperatingIncomeExpense" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncome" xlink:label="loc_ifrs-fullOtherComprehensiveIncome" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullOtherComprehensiveIncome" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeVariation" xlink:label="loc_sidExchangeVariation" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidExchangeVariation" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails14" xlink:title="00000122 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 14)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesAxis" xlink:label="loc_ifrs-fullTypesOfHedgesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfHedgesAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowHedgesPlattsMember" xlink:label="loc_sidCashFlowHedgesPlattsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_sidCashFlowHedgesPlattsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember" xlink:label="loc_sidIncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_sidIncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FairValueOfCashFlowAccountingPlattsNetMember" xlink:label="loc_sidFairValueOfCashFlowAccountingPlattsNetMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_sidFairValueOfCashFlowAccountingPlattsNetMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ChangeInAmountsRelatedToCashFlowHedge" xlink:label="loc_sidChangeInAmountsRelatedToCashFlowHedge" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidChangeInAmountsRelatedToCashFlowHedge" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax" xlink:label="loc_ifrs-fullGainsLossesOnCashFlowHedgesNetOfTax" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullGainsLossesOnCashFlowHedgesNetOfTax" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:label="loc_ifrs-fullReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullReclassificationAdjustmentsOnCashFlowHedgesNetOfTax" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ChangeInAmountsRelatedToCashFlowHedge" xlink:label="loc_sidChangeInAmountsRelatedToCashFlowHedge_2" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidChangeInAmountsRelatedToCashFlowHedge_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails15" xlink:title="00000123 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 15)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesAxis" xlink:label="loc_ifrs-fullTypesOfHedgesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfHedgesAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember" xlink:label="loc_ifrs-fullHedgesOfNetInvestmentInForeignOperationsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_ifrs-fullHedgesOfNetInvestmentInForeignOperationsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsAxis" xlink:label="loc_ifrs-fullHedgingInstrumentsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullHedgingInstrumentsAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="loc_ifrs-fullHedgingInstrumentsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsAxis" xlink:to="loc_ifrs-fullHedgingInstrumentsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NonDerivativeFinancialLiabilitiesInEurDebtContractMember" xlink:label="loc_sidNonDerivativeFinancialLiabilitiesInEurDebtContractMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidNonDerivativeFinancialLiabilitiesInEurDebtContractMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_HedgingRelationshipDesignationDate" xlink:label="loc_sidHedgingRelationshipDesignationDate" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidHedgingRelationshipDesignationDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument" xlink:label="loc_ifrs-fullDescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfNatureOfRisksBeingHedged" xlink:label="loc_ifrs-fullDescriptionOfNatureOfRisksBeingHedged" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDescriptionOfNatureOfRisksBeingHedged" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfTypeOfHedge" xlink:label="loc_ifrs-fullDescriptionOfTypeOfHedge" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDescriptionOfTypeOfHedge" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AveragePriceOfHedgingInstrument" xlink:label="loc_ifrs-fullAveragePriceOfHedgingInstrument" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullAveragePriceOfHedgingInstrument" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgedItemAssets" xlink:label="loc_ifrs-fullHedgedItemAssets" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullHedgedItemAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:label="loc_ifrs-fullOtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullOtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails16" xlink:title="00000124 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 16)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsAxis" xlink:label="loc_ifrs-fullHedgingInstrumentsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullHedgingInstrumentsAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="loc_ifrs-fullHedgingInstrumentsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsAxis" xlink:to="loc_ifrs-fullHedgingInstrumentsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapDollarEuroMember" xlink:label="loc_sidExchangeRateSwapDollarEuroMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExchangeRateSwapDollarEuroMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapGBPEuroMember" xlink:label="loc_sidExchangeRateSwapGBPEuroMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExchangeRateSwapGBPEuroMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapCDIDollarMember" xlink:label="loc_sidExchangeRateSwapCDIDollarMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidExchangeRateSwapCDIDollarMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IronOreDerivativeMember" xlink:label="loc_sidIronOreDerivativeMember" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_sidIronOreDerivativeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentDerivativeFinancialLiabilities" xlink:label="loc_ifrs-fullCurrentDerivativeFinancialLiabilities" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullCurrentDerivativeFinancialLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentDerivativeFinancialLiabilities" xlink:label="loc_ifrs-fullNoncurrentDerivativeFinancialLiabilities" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullNoncurrentDerivativeFinancialLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DerivativeFinancialLiabilities" xlink:label="loc_ifrs-fullDerivativeFinancialLiabilities" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullDerivativeFinancialLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherOperatingIncomeExpense" xlink:label="loc_ifrs-fullOtherOperatingIncomeExpense" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullOtherOperatingIncomeExpense" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncome" xlink:label="loc_ifrs-fullOtherComprehensiveIncome" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullOtherComprehensiveIncome" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments" xlink:label="loc_ifrs-fullTradingIncomeExpenseOnDerivativeFinancialInstruments" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullTradingIncomeExpenseOnDerivativeFinancialInstruments" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails17" xlink:title="00000125 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 17)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesMember" xlink:label="loc_ifrs-fullFinancialLiabilitiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:to="loc_ifrs-fullFinancialLiabilitiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingMember" xlink:label="loc_sidBorrowingsAndFinancingMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidBorrowingsAndFinancingMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeasesMember" xlink:label="loc_sidLeasesMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidLeasesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesMember" xlink:label="loc_sidTradePayablesMember" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidTradePayablesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesDraweeRiskMember" xlink:label="loc_sidTradePayablesDraweeRiskMember" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidTradePayablesDraweeRiskMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsAndInterestOnEquityMember" xlink:label="loc_sidDividendsAndInterestOnEquityMember" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidDividendsAndInterestOnEquityMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DerivativesMember" xlink:label="loc_ifrs-fullDerivativesMember" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_ifrs-fullDerivativesMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="loc_ifrs-fullMaturityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullMaturityAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NotLaterThanOneYearMember" xlink:label="loc_ifrs-fullNotLaterThanOneYearMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullNotLaterThanOneYearMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:label="loc_ifrs-fullLaterThanOneYearAndNotLaterThanTwoYearsMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember" xlink:label="loc_ifrs-fullLaterThanTwoYearsAndNotLaterThanFiveYearsMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanTwoYearsAndNotLaterThanFiveYearsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanFiveYearsMember" xlink:label="loc_ifrs-fullLaterThanFiveYearsMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanFiveYearsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ContractualMaturities" xlink:label="loc_sidContractualMaturities" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidContractualMaturities" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails18" xlink:title="00000126 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 18)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesMember" xlink:label="loc_ifrs-fullFinancialLiabilitiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:to="loc_ifrs-fullFinancialLiabilitiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PerpetualBondsMember" xlink:label="loc_sidPerpetualBondsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidPerpetualBondsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FixedRateNotesMember" xlink:label="loc_sidFixedRateNotesMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidFixedRateNotesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiquidityRiskMember" xlink:label="loc_ifrs-fullLiquidityRiskMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullLiquidityRiskMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilities" xlink:label="loc_ifrs-fullFinancialLiabilities" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesAtFairValue" xlink:label="loc_ifrs-fullFinancialLiabilitiesAtFairValue" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullFinancialLiabilitiesAtFairValue" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetails19" xlink:title="00000127 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 19)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalManagementMember" xlink:label="loc_sidCapitalManagementMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_sidCapitalManagementMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Equity" xlink:label="loc_ifrs-fullEquity" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_ifrs-fullEquity" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingThirdPartyCapital" xlink:label="loc_sidBorrowingsAndFinancingThirdPartyCapital" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidBorrowingsAndFinancingThirdPartyCapital" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossDebitperShareholdersEquity" xlink:label="loc_sidGrossDebitperShareholdersEquity" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidGrossDebitperShareholdersEquity" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialInstrumentsDetailsNarrative" xlink:title="00000128 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsTable" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfFinancialInstrumentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksAxis" xlink:label="loc_ifrs-fullTypesOfRisksAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfRisksAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfRisksMember" xlink:label="loc_ifrs-fullTypesOfRisksMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksAxis" xlink:to="loc_ifrs-fullTypesOfRisksMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencyRiskMember" xlink:label="loc_ifrs-fullCurrencyRiskMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfRisksMember" xlink:to="loc_ifrs-fullCurrencyRiskMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsAxis" xlink:label="loc_ifrs-fullHedgingInstrumentsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullHedgingInstrumentsAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_HedgingInstrumentsMember" xlink:label="loc_ifrs-fullHedgingInstrumentsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsAxis" xlink:to="loc_ifrs-fullHedgingInstrumentsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrencySwapContractMember" xlink:label="loc_ifrs-fullCurrencySwapContractMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullHedgingInstrumentsMember" xlink:to="loc_ifrs-fullCurrencySwapContractMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_srtCurrencyAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd#country_US" xlink:label="loc_countryUS" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_countryUS" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesAxis" xlink:label="loc_ifrs-fullTypesOfHedgesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullTypesOfHedgesAxis" order="40" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfHedgesMember" xlink:label="loc_ifrs-fullTypesOfHedgesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesAxis" xlink:to="loc_ifrs-fullTypesOfHedgesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashFlowHedgesMember" xlink:label="loc_ifrs-fullCashFlowHedgesMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfHedgesMember" xlink:to="loc_ifrs-fullCashFlowHedgesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProbabilityOfDefaultAxis" xlink:label="loc_ifrs-fullProbabilityOfDefaultAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullProbabilityOfDefaultAxis" order="50" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForProbabilityOfDefaultMember" xlink:label="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullProbabilityOfDefaultAxis" xlink:to="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIMember" xlink:label="loc_sidScenarioIMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ScenarioIIMember" xlink:label="loc_sidScenarioIIMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForProbabilityOfDefaultMember" xlink:to="loc_sidScenarioIIMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsTable" xlink:to="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" order="60" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialLiabilitiesMember" xlink:label="loc_ifrs-fullFinancialLiabilitiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfFinancialLiabilitiesAxis" xlink:to="loc_ifrs-fullFinancialLiabilitiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NonDerivativeFinancialLiabilitiesMember" xlink:label="loc_sidNonDerivativeFinancialLiabilitiesMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialLiabilitiesMember" xlink:to="loc_sidNonDerivativeFinancialLiabilitiesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DerivativeExchangeRateSwap" xlink:label="loc_sidDerivativeExchangeRateSwap" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidDerivativeExchangeRateSwap" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOnResultRecognizedInOtherOperationalHedgingInstrument" xlink:label="loc_sidEffectOnResultRecognizedInOtherOperationalHedgingInstrument" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidEffectOnResultRecognizedInOtherOperationalHedgingInstrument" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfScenarios" xlink:label="loc_sidPercentageOfScenarios" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidPercentageOfScenarios" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariationsOfRiskForProbableScenarios" xlink:label="loc_sidVariationsOfRiskForProbableScenarios" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidVariationsOfRiskForProbableScenarios" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingExpenses" xlink:label="loc_sidOtherOperatingExpenses" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidOtherOperatingExpenses" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LoanContractsWithFinancialInstitutions" xlink:label="loc_sidLoanContractsWithFinancialInstitutions" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfFinancialInstrumentsLineItems" xlink:to="loc_sidLoanContractsWithFinancialInstitutions" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherPayablesDetails" xlink:title="00000129 - Disclosure - 15. OTHER PAYABLES (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPayablesAbstract" xlink:label="loc_sidOtherPayablesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPayablesTable" xlink:label="loc_sidOtherPayablesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesAbstract" xlink:to="loc_sidOtherPayablesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPayablesLineItems" xlink:label="loc_sidOtherPayablesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesTable" xlink:to="loc_sidOtherPayablesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfLiabilitiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesTable" xlink:to="loc_ifrs-fullClassesOfLiabilitiesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:to="loc_ifrs-fullLiabilitiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PayablesToRelatedPartiesMember" xlink:label="loc_sidPayablesToRelatedPartiesMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidPayablesToRelatedPartiesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsAndInterestOnCapitalPayableMember" xlink:label="loc_sidDividendsAndInterestOnCapitalPayableMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidDividendsAndInterestOnCapitalPayableMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdvancesFromCustomersMember" xlink:label="loc_sidAdvancesFromCustomersMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidAdvancesFromCustomersMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesInInstallmentsMember" xlink:label="loc_sidTaxesInInstallmentsMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidTaxesInInstallmentsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProfitSharingEmployeesMember" xlink:label="loc_sidProfitSharingEmployeesMember" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidProfitSharingEmployeesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesPayableMember" xlink:label="loc_sidTaxesPayableMember" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidTaxesPayableMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionFromConsumptionAndServicesMember" xlink:label="loc_sidProvisionFromConsumptionAndServicesMember" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidProvisionFromConsumptionAndServicesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ThirdPartyMaterialsInOurPossessionMember" xlink:label="loc_sidThirdPartyMaterialsInOurPossessionMember" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidThirdPartyMaterialsInOurPossessionMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesDraweeRiskMember" xlink:label="loc_sidTradePayablesDraweeRiskMember" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidTradePayablesDraweeRiskMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LeaseLiabilitiesMember" xlink:label="loc_ifrs-fullLeaseLiabilitiesMember" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_ifrs-fullLeaseLiabilitiesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPayablesMember" xlink:label="loc_sidOtherPayablesMember" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidOtherPayablesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DerivativeFinancialInstrumentsMember" xlink:label="loc_sidDerivativeFinancialInstrumentsMember" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidDerivativeFinancialInstrumentsMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherCurrentPayables" xlink:label="loc_ifrs-fullOtherCurrentPayables" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesLineItems" xlink:to="loc_ifrs-fullOtherCurrentPayables" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherNoncurrentPayables" xlink:label="loc_ifrs-fullOtherNoncurrentPayables" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesLineItems" xlink:to="loc_ifrs-fullOtherNoncurrentPayables" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherPayablesDetailsNarrative" xlink:title="00000130 - Disclosure - 15. OTHER PAYABLES (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPayablesAbstract" xlink:label="loc_sidOtherPayablesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPayablesTable" xlink:label="loc_sidOtherPayablesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesAbstract" xlink:to="loc_sidOtherPayablesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPayablesLineItems" xlink:label="loc_sidOtherPayablesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesTable" xlink:to="loc_sidOtherPayablesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CurrencyAxisSignificantInvestmentsInSubsidiariesAxis" xlink:label="loc_sidCurrencyAxisSignificantInvestmentsInSubsidiariesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesTable" xlink:to="loc_sidCurrencyAxisSignificantInvestmentsInSubsidiariesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CurrencyAxisSignificantInvestmentsInSubsidiariesDomain" xlink:label="loc_sidCurrencyAxisSignificantInvestmentsInSubsidiariesDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidCurrencyAxisSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_sidCurrencyAxisSignificantInvestmentsInSubsidiariesDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMineracaoMember" xlink:label="loc_sidCSNMineracaoMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidCurrencyAxisSignificantInvestmentsInSubsidiariesDomain" xlink:to="loc_sidCSNMineracaoMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesTable" xlink:to="loc_srtCurrencyAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_USD" xlink:label="loc_currencyUSD" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyUSD" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SupplyOfIronOre" xlink:label="loc_sidSupplyOfIronOre" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesLineItems" xlink:to="loc_sidSupplyOfIronOre" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionalSupplyOfIronOre" xlink:label="loc_sidAdditionalSupplyOfIronOre" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesLineItems" xlink:to="loc_sidAdditionalSupplyOfIronOre" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LoansAndAdvancesToCustomers" xlink:label="loc_ifrs-fullLoansAndAdvancesToCustomers" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesLineItems" xlink:to="loc_ifrs-fullLoansAndAdvancesToCustomers" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SupplyOfContract" xlink:label="loc_sidSupplyOfContract" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesLineItems" xlink:to="loc_sidSupplyOfContract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ContractualTerm" xlink:label="loc_sidContractualTerm" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherPayablesLineItems" xlink:to="loc_sidContractualTerm" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetails" xlink:title="00000131 - Disclosure - 16. LEASES (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PresentationOfLeasesForLesseeAbstract" xlink:label="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossLeaseLiabilities" xlink:label="loc_ifrs-fullGrossLeaseLiabilities" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_ifrs-fullGrossLeaseLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentValueAdjustmentLeasesLiabilities" xlink:label="loc_sidPresentValueAdjustmentLeasesLiabilities" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidPresentValueAdjustmentLeasesLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LeaseLiabilities" xlink:label="loc_ifrs-fullLeaseLiabilities" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_ifrs-fullLeaseLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LeaseLiabilitiesAbstract" xlink:label="loc_ifrs-fullLeaseLiabilitiesAbstract" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_ifrs-fullLeaseLiabilitiesAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLeaseLiabilities" xlink:label="loc_ifrs-fullCurrentLeaseLiabilities" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLeaseLiabilitiesAbstract" xlink:to="loc_ifrs-fullCurrentLeaseLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLeaseLiabilities" xlink:label="loc_ifrs-fullNoncurrentLeaseLiabilities" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLeaseLiabilitiesAbstract" xlink:to="loc_ifrs-fullNoncurrentLeaseLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LeaseLiabilities" xlink:label="loc_ifrs-fullLeaseLiabilities_2" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLeaseLiabilitiesAbstract" xlink:to="loc_ifrs-fullLeaseLiabilities_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetails1" xlink:title="00000132 - Disclosure - 16. LEASES (Details 1)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PresentationOfLeasesForLesseeAbstract" xlink:label="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LeaseLiabilities" xlink:label="loc_ifrs-fullLeaseLiabilities" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_ifrs-fullLeaseLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesNewLeases" xlink:label="loc_sidLeaseLiabilitiesNewLeases" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidLeaseLiabilitiesNewLeases" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesPresentValueAdjustmentsNewleases" xlink:label="loc_sidLeaseLiabilitiesPresentValueAdjustmentsNewleases" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidLeaseLiabilitiesPresentValueAdjustmentsNewleases" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesContractReview" xlink:label="loc_sidLeaseLiabilitiesContractReview" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidLeaseLiabilitiesContractReview" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesWriteoff" xlink:label="loc_sidLeaseLiabilitiesWriteoff" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidLeaseLiabilitiesWriteoff" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesPayments" xlink:label="loc_sidLeaseLiabilitiesPayments" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidLeaseLiabilitiesPayments" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesInterestAppropriated" xlink:label="loc_sidLeaseLiabilitiesInterestAppropriated" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidLeaseLiabilitiesInterestAppropriated" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeVariation" xlink:label="loc_sidExchangeVariation" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidExchangeVariation" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LeaseLiabilities" xlink:label="loc_ifrs-fullLeaseLiabilities_2" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_ifrs-fullLeaseLiabilities_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetails2" xlink:title="00000133 - Disclosure - 16. LEASES (Details 2)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PresentationOfLeasesForLesseeAbstract" xlink:label="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentationOfLeasesForLesseeTable" xlink:label="loc_sidPresentationOfLeasesForLesseeTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidPresentationOfLeasesForLesseeTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentationOfLeasesForLesseeLineItems" xlink:label="loc_sidPresentationOfLeasesForLesseeLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentationOfLeasesForLesseeTable" xlink:to="loc_sidPresentationOfLeasesForLesseeLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="loc_ifrs-fullMaturityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentationOfLeasesForLesseeTable" xlink:to="loc_ifrs-fullMaturityAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NotLaterThanOne1YearMember" xlink:label="loc_sidNotLaterThanOne1YearMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidNotLaterThanOne1YearMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:label="loc_ifrs-fullLaterThanOneYearAndNotLaterThanFiveYearsMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanOneYearAndNotLaterThanFiveYearsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanFiveYearsMember" xlink:label="loc_ifrs-fullLaterThanFiveYearsMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanFiveYearsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossLeaseLiabilities" xlink:label="loc_ifrs-fullGrossLeaseLiabilities" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_ifrs-fullGrossLeaseLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentValueAdjustmentLeasesLiabilities" xlink:label="loc_sidPresentValueAdjustmentLeasesLiabilities" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_sidPresentValueAdjustmentLeasesLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LeaseLiabilities" xlink:label="loc_ifrs-fullLeaseLiabilities" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_ifrs-fullLeaseLiabilities" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetails3" xlink:title="00000134 - Disclosure - 16. LEASES (Details 3)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PresentationOfLeasesForLesseeAbstract" xlink:label="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesOne" xlink:label="loc_sidLeaseLiabilitiesOne" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidLeaseLiabilitiesOne" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesPresentValueAdjustmentsOne" xlink:label="loc_sidLeaseLiabilitiesPresentValueAdjustmentsOne" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidLeaseLiabilitiesPresentValueAdjustmentsOne" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesPotencialPISAndCOFINSCredit" xlink:label="loc_sidLeaseLiabilitiesPotencialPISAndCOFINSCredit" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidLeaseLiabilitiesPotencialPISAndCOFINSCredit" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit" xlink:label="loc_sidLeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidLeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetails4" xlink:title="00000135 - Disclosure - 16. LEASES (Details 4)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PresentationOfLeasesForLesseeAbstract" xlink:label="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed" xlink:label="loc_ifrs-fullExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_ifrs-fullExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:label="loc_ifrs-fullExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_ifrs-fullExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:label="loc_ifrs-fullExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_ifrs-fullExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:label="loc_sidExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetails5" xlink:title="00000136 - Disclosure - 16. LEASES (Details 5)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PresentationOfLeasesForLesseeAbstract" xlink:label="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentationOfLeasesForLesseeTable" xlink:label="loc_sidPresentationOfLeasesForLesseeTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidPresentationOfLeasesForLesseeTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentationOfLeasesForLesseeLineItems" xlink:label="loc_sidPresentationOfLeasesForLesseeLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentationOfLeasesForLesseeTable" xlink:to="loc_sidPresentationOfLeasesForLesseeLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RateAxis" xlink:label="loc_sidRateAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentationOfLeasesForLesseeTable" xlink:to="loc_sidRateAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RateDomain" xlink:label="loc_sidRateDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidRateAxis" xlink:to="loc_sidRateDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RateInNominalTermsAndActualFlowMember" xlink:label="loc_sidRateInNominalTermsAndActualFlowMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidRateDomain" xlink:to="loc_sidRateInNominalTermsAndActualFlowMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LeaseLiabilities" xlink:label="loc_ifrs-fullLeaseLiabilities" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_ifrs-fullLeaseLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RightOfUse" xlink:label="loc_sidRightOfUse" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_sidRightOfUse" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialExpense" xlink:label="loc_sidFinancialExpense" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_sidFinancialExpense" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Depreciations" xlink:label="loc_sidDepreciations" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_sidDepreciations" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/LeasesDetailsNarrative" xlink:title="00000137 - Disclosure - 16. LEASES (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PresentationOfLeasesForLesseeAbstract" xlink:label="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentationOfLeasesForLesseeTable" xlink:label="loc_sidPresentationOfLeasesForLesseeTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPresentationOfLeasesForLesseeAbstract" xlink:to="loc_sidPresentationOfLeasesForLesseeTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentationOfLeasesForLesseeLineItems" xlink:label="loc_sidPresentationOfLeasesForLesseeLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentationOfLeasesForLesseeTable" xlink:to="loc_sidPresentationOfLeasesForLesseeLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-fullRangeAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentationOfLeasesForLesseeTable" xlink:to="loc_ifrs-fullRangeAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BottomOfRangeMember" xlink:label="loc_ifrs-fullBottomOfRangeMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullBottomOfRangeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="loc_ifrs-fullTopOfRangeMember" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullTopOfRangeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis" xlink:label="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentationOfLeasesForLesseeTable" xlink:to="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PropertyPlantAndEquipmentMember" xlink:label="loc_ifrs-fullPropertyPlantAndEquipmentMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfPropertyPlantAndEquipmentAxis" xlink:to="loc_ifrs-fullPropertyPlantAndEquipmentMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CargoTerminalTECONMember" xlink:label="loc_sidCargoTerminalTECONMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_sidCargoTerminalTECONMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CargoTerminalTECARMember" xlink:label="loc_sidCargoTerminalTECARMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_sidCargoTerminalTECARMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RailwayOperationMember" xlink:label="loc_sidRailwayOperationMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_sidRailwayOperationMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OperationalFacilitiesMember" xlink:label="loc_sidOperationalFacilitiesMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_sidOperationalFacilitiesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdministrativeMember" xlink:label="loc_sidAdministrativeMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_sidAdministrativeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SalesOfficesMember" xlink:label="loc_sidSalesOfficesMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_sidSalesOfficesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OperatingEquipmentMember" xlink:label="loc_sidOperatingEquipmentMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullPropertyPlantAndEquipmentMember" xlink:to="loc_sidOperatingEquipmentMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseAgreementRemainingTerm" xlink:label="loc_sidLeaseAgreementRemainingTerm" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentationOfLeasesForLesseeLineItems" xlink:to="loc_sidLeaseAgreementRemainingTerm" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TradePayablesDetails" xlink:title="00000138 - Disclosure - 17. TRADE PAYABLES (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesAbstract" xlink:label="loc_sidTradePayablesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesTable" xlink:label="loc_sidTradePayablesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradePayablesAbstract" xlink:to="loc_sidTradePayablesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesLineItems" xlink:label="loc_sidTradePayablesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradePayablesTable" xlink:to="loc_sidTradePayablesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssetsAndLiabilitiesAxis" xlink:label="loc_ifrs-fullAssetsAndLiabilitiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradePayablesTable" xlink:to="loc_ifrs-fullAssetsAndLiabilitiesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssetsAndLiabilitiesMember" xlink:label="loc_ifrs-fullAssetsAndLiabilitiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAssetsAndLiabilitiesAxis" xlink:to="loc_ifrs-fullAssetsAndLiabilitiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CurrentTradePayablesMember" xlink:label="loc_sidCurrentTradePayablesMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAssetsAndLiabilitiesMember" xlink:to="loc_sidCurrentTradePayablesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NonCurrentTradePayablesMember" xlink:label="loc_sidNonCurrentTradePayablesMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAssetsAndLiabilitiesMember" xlink:to="loc_sidNonCurrentTradePayablesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherPayablesToTradeSuppliers" xlink:label="loc_ifrs-fullTradeAndOtherPayablesToTradeSuppliers" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradePayablesLineItems" xlink:to="loc_ifrs-fullTradeAndOtherPayablesToTradeSuppliers" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentPresentValue" xlink:label="loc_sidAdjustmentPresentValue" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradePayablesLineItems" xlink:to="loc_sidAdjustmentPresentValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeAndOtherPayables" xlink:label="loc_ifrs-fullTradeAndOtherPayables" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTradePayablesLineItems" xlink:to="loc_ifrs-fullTradeAndOtherPayables" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails" xlink:title="00000139 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionAbstract" xlink:label="loc_sidIncomeTaxAndSocialContributionAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentTaxExpenseIncome" xlink:label="loc_ifrs-fullCurrentTaxExpenseIncome" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_ifrs-fullCurrentTaxExpenseIncome" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxExpenseIncome" xlink:label="loc_ifrs-fullDeferredTaxExpenseIncome" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_ifrs-fullDeferredTaxExpenseIncome" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="loc_ifrs-fullIncomeTaxExpenseContinuingOperations" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_ifrs-fullIncomeTaxExpenseContinuingOperations" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails1" xlink:title="00000140 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 1)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionAbstract" xlink:label="loc_sidIncomeTaxAndSocialContributionAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionTable" xlink:label="loc_sidIncomeTaxAndSocialContributionTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_sidIncomeTaxAndSocialContributionTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionLineItems" xlink:label="loc_sidIncomeTaxAndSocialContributionLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionTable" xlink:to="loc_sidIncomeTaxAndSocialContributionLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionAxis" xlink:label="loc_sidIncomeTaxAndSocialContributionAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionTable" xlink:to="loc_sidIncomeTaxAndSocialContributionAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionDomain" xlink:label="loc_sidIncomeTaxAndSocialContributionDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAxis" xlink:to="loc_sidIncomeTaxAndSocialContributionDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquityInResultsOfAffiliatedCompaniesMember" xlink:label="loc_sidEquityInResultsOfAffiliatedCompaniesMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidEquityInResultsOfAffiliatedCompaniesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProfitWithDifferentiatedRatesOrUntaxedMember" xlink:label="loc_sidProfitWithDifferentiatedRatesOrUntaxedMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidProfitWithDifferentiatedRatesOrUntaxedMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransferPricingAdjustmentMember" xlink:label="loc_sidTransferPricingAdjustmentMember" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidTransferPricingAdjustmentMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember" xlink:label="loc_sidTaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidTaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LimitOfIndebtednessMember" xlink:label="loc_sidLimitOfIndebtednessMember" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidLimitOfIndebtednessMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UnrecordedDeferredTaxesOnTemporaryDifferencesMember" xlink:label="loc_sidUnrecordedDeferredTaxesOnTemporaryDifferencesMember" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidUnrecordedDeferredTaxesOnTemporaryDifferencesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember" xlink:label="loc_sidLossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidLossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionOnForeignProfitMember" xlink:label="loc_sidIncomeTaxAndSocialContributionOnForeignProfitMember" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidIncomeTaxAndSocialContributionOnForeignProfitMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxIncentivesMember" xlink:label="loc_sidTaxIncentivesMember" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidTaxIncentivesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReversalOfDeferredTaxInNamisaMember" xlink:label="loc_sidReversalOfDeferredTaxInNamisaMember" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidReversalOfDeferredTaxInNamisaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InterestOnEquityMember" xlink:label="loc_sidInterestOnEquityMember" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidInterestOnEquityMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherPermanentDeductionsAdditionsMember" xlink:label="loc_sidOtherPermanentDeductionsAdditionsMember" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidOtherPermanentDeductionsAdditionsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AccountingProfit" xlink:label="loc_ifrs-fullAccountingProfit" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullAccountingProfit" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ApplicableTaxRate" xlink:label="loc_ifrs-fullApplicableTaxRate" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullApplicableTaxRate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TaxExpenseIncomeAtApplicableTaxRate" xlink:label="loc_ifrs-fullTaxExpenseIncomeAtApplicableTaxRate" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullTaxExpenseIncomeAtApplicableTaxRate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:label="loc_ifrs-fullOtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullOtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeTaxExpenseContinuingOperations" xlink:label="loc_ifrs-fullIncomeTaxExpenseContinuingOperations" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullIncomeTaxExpenseContinuingOperations" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TaxRateEffectOfTaxLosses" xlink:label="loc_ifrs-fullTaxRateEffectOfTaxLosses" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullTaxRateEffectOfTaxLosses" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails2" xlink:title="00000141 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 2)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionAbstract" xlink:label="loc_sidIncomeTaxAndSocialContributionAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionTable" xlink:label="loc_sidIncomeTaxAndSocialContributionTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_sidIncomeTaxAndSocialContributionTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionLineItems" xlink:label="loc_sidIncomeTaxAndSocialContributionLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionTable" xlink:to="loc_sidIncomeTaxAndSocialContributionLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxAssetLiabilityAxis" xlink:label="loc_sidDeferredTaxAssetLiabilityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionTable" xlink:to="loc_sidDeferredTaxAssetLiabilityAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxAssetLiabilityDomain" xlink:label="loc_sidDeferredTaxAssetLiabilityDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeferredTaxAssetLiabilityAxis" xlink:to="loc_sidDeferredTaxAssetLiabilityDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredIncomeTaxLossesMember" xlink:label="loc_sidDeferredIncomeTaxLossesMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidDeferredIncomeTaxLossesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredSocialContributionTaxLossesMember" xlink:label="loc_sidDeferredSocialContributionTaxLossesMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidDeferredSocialContributionTaxLossesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TemporaryDifferencesMember" xlink:label="loc_sidTemporaryDifferencesMember" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidTemporaryDifferencesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AssetsImpairmentLossesMember" xlink:label="loc_sidAssetsImpairmentLossesMember" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidAssetsImpairmentLossesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GainsLossesOnFinancialInstrumentsMember" xlink:label="loc_sidGainsLossesOnFinancialInstrumentsMember" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidGainsLossesOnFinancialInstrumentsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialLiabilityPensionAndHealthcarePlanMember" xlink:label="loc_sidActuarialLiabilityPensionAndHealthcarePlanMember" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidActuarialLiabilityPensionAndHealthcarePlanMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccruedSuppliesAndServicesMember" xlink:label="loc_sidAccruedSuppliesAndServicesMember" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidAccruedSuppliesAndServicesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UnrealizedExchangeDifferencesMember" xlink:label="loc_sidUnrealizedExchangeDifferencesMember" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidUnrealizedExchangeDifferencesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GainUponLossOfControlInTransnordestinaMember" xlink:label="loc_sidGainUponLossOfControlInTransnordestinaMember" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidGainUponLossOfControlInTransnordestinaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowHedgeAccountingMember" xlink:label="loc_sidCashFlowHedgeAccountingMember" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidCashFlowHedgeAccountingMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AcquisitionFairValueSwtCblMember" xlink:label="loc_sidAcquisitionFairValueSwtCblMember" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidAcquisitionFairValueSwtCblMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxesNonComputedMember" xlink:label="loc_sidDeferredTaxesNonComputedMember" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidDeferredTaxesNonComputedMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EstimatedLossesReversalsToDeferredTaxesCreditsMember" xlink:label="loc_sidEstimatedLossesReversalsToDeferredTaxesCreditsMember" />
      <link:presentationArc order="300" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidEstimatedLossesReversalsToDeferredTaxesCreditsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BusinessCombinationMember" xlink:label="loc_sidBusinessCombinationMember" />
      <link:presentationArc order="320" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidBusinessCombinationMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsolidationCBSIMember" xlink:label="loc_sidConsolidationCBSIMember" />
      <link:presentationArc order="340" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidConsolidationCBSIMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersMember" xlink:label="loc_sidOthersMember" />
      <link:presentationArc order="360" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeferredTaxAssetLiabilityDomain" xlink:to="loc_sidOthersMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxLiabilityAsset" xlink:label="loc_ifrs-fullDeferredTaxLiabilityAsset" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullDeferredTaxLiabilityAsset" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" xlink:label="loc_ifrs-fullDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:label="loc_ifrs-fullDeferredTaxExpenseIncomeRecognisedInProfitOrLoss" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullDeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset" xlink:label="loc_ifrs-fullIncreaseDecreaseInDeferredTaxLiabilityAsset" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullIncreaseDecreaseInDeferredTaxLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxLiabilityAsset" xlink:label="loc_ifrs-fullDeferredTaxLiabilityAsset_2" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullDeferredTaxLiabilityAsset_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxAssets1" xlink:label="loc_sidDeferredTaxAssets1" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidDeferredTaxAssets1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxLiabilities1" xlink:label="loc_sidDeferredTaxLiabilities1" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidDeferredTaxLiabilities1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxLiabilityAsset" xlink:label="loc_ifrs-fullDeferredTaxLiabilityAsset_3" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullDeferredTaxLiabilityAsset_3" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails3" xlink:title="00000142 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 3)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionAbstract" xlink:label="loc_sidIncomeTaxAndSocialContributionAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionTable" xlink:label="loc_sidIncomeTaxAndSocialContributionTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_sidIncomeTaxAndSocialContributionTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionLineItems" xlink:label="loc_sidIncomeTaxAndSocialContributionLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionTable" xlink:to="loc_sidIncomeTaxAndSocialContributionLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="loc_ifrs-fullMaturityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionTable" xlink:to="loc_ifrs-fullMaturityAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneYearMember" xlink:label="loc_ifrs-fullLaterThanOneYearMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanOneYearMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanTwoYearMember" xlink:label="loc_sidLaterThanTwoYearMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidLaterThanTwoYearMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanThreeYearMember" xlink:label="loc_sidLaterThanThreeYearMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidLaterThanThreeYearMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanFourYearMember" xlink:label="loc_sidLaterThanFourYearMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidLaterThanFourYearMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanFiveYearMember" xlink:label="loc_sidLaterThanFiveYearMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidLaterThanFiveYearMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxAssets2" xlink:label="loc_sidDeferredTaxAssets2" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidDeferredTaxAssets2" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredLiabilitiesParentCompany" xlink:label="loc_sidDeferredLiabilitiesParentCompany" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidDeferredLiabilitiesParentCompany" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossDeferredTaxAssets" xlink:label="loc_sidGrossDeferredTaxAssets" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidGrossDeferredTaxAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredLiabilitiesSubsidiaries" xlink:label="loc_sidDeferredLiabilitiesSubsidiaries" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidDeferredLiabilitiesSubsidiaries" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NetDeferredTaxAssets" xlink:label="loc_ifrs-fullNetDeferredTaxAssets" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullNetDeferredTaxAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails4" xlink:title="00000143 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 4)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionAbstract" xlink:label="loc_sidIncomeTaxAndSocialContributionAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:label="loc_ifrs-fullDeferredTaxExpenseIncomeRecognisedInProfitOrLoss" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_ifrs-fullDeferredTaxExpenseIncomeRecognisedInProfitOrLoss" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity" xlink:label="loc_sidIncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_sidIncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xlink:label="loc_ifrs-fullIncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_ifrs-fullIncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity" xlink:label="loc_sidIncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_sidIncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity" xlink:label="loc_sidIncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_sidIncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" xlink:label="loc_ifrs-fullCurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_ifrs-fullCurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetails5" xlink:title="00000144 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 5)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionAbstract" xlink:label="loc_sidIncomeTaxAndSocialContributionAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionTable" xlink:label="loc_sidIncomeTaxAndSocialContributionTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_sidIncomeTaxAndSocialContributionTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionLineItems" xlink:label="loc_sidIncomeTaxAndSocialContributionLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionTable" xlink:to="loc_sidIncomeTaxAndSocialContributionLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionAxis" xlink:label="loc_sidIncomeTaxAndSocialContributionAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionTable" xlink:to="loc_sidIncomeTaxAndSocialContributionAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionDomain" xlink:label="loc_sidIncomeTaxAndSocialContributionDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAxis" xlink:to="loc_sidIncomeTaxAndSocialContributionDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxLossesMember" xlink:label="loc_sidTaxLossesMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidTaxLossesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeDifferenceExpensesMember" xlink:label="loc_sidExchangeDifferenceExpensesMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidExchangeDifferenceExpensesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LossesOnUsiminasSharesMember" xlink:label="loc_sidLossesOnUsiminasSharesMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_sidLossesOnUsiminasSharesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherProvisionsMember" xlink:label="loc_ifrs-fullOtherProvisionsMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionDomain" xlink:to="loc_ifrs-fullOtherProvisionsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory" xlink:label="loc_ifrs-fullDisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullDisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/IncomeTaxAndSocialContributionDetailsNarrative" xlink:title="00000145 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionAbstract" xlink:label="loc_sidIncomeTaxAndSocialContributionAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionTable" xlink:label="loc_sidIncomeTaxAndSocialContributionTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionAbstract" xlink:to="loc_sidIncomeTaxAndSocialContributionTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContributionLineItems" xlink:label="loc_sidIncomeTaxAndSocialContributionLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionTable" xlink:to="loc_sidIncomeTaxAndSocialContributionLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-fullRangeAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionTable" xlink:to="loc_ifrs-fullRangeAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="loc_ifrs-fullTopOfRangeMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullTopOfRangeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProfitGeneratedByForeignSubsidiaries" xlink:label="loc_sidProfitGeneratedByForeignSubsidiaries" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidProfitGeneratedByForeignSubsidiaries" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeTaxAndSocialContribution" xlink:label="loc_sidIncomeTaxAndSocialContribution" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidIncomeTaxAndSocialContribution" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_UnusedTaxCreditsForWhichNoDeferredTaxAssetRecognised" xlink:label="loc_ifrs-fullUnusedTaxCreditsForWhichNoDeferredTaxAssetRecognised" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_ifrs-fullUnusedTaxCreditsForWhichNoDeferredTaxAssetRecognised" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NegativeBaseOfSocialContribution" xlink:label="loc_sidNegativeBaseOfSocialContribution" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidNegativeBaseOfSocialContribution" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxCreditsMaturityTerms" xlink:label="loc_sidTaxCreditsMaturityTerms" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidTaxCreditsMaturityTerms" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReversedOfEstimatedLosses" xlink:label="loc_sidReversedOfEstimatedLosses" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidReversedOfEstimatedLosses" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeferredTaxAsset" xlink:label="loc_sidDeferredTaxAsset" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidIncomeTaxAndSocialContributionLineItems" xlink:to="loc_sidDeferredTaxAsset" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/TaxesInInstallmentsDetails" xlink:title="00000146 - Disclosure - 19. TAXES IN INSTALLMENTS (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesInInstallmentsAbstract" xlink:label="loc_sidTaxesInInstallmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesInInstallmentsTable" xlink:label="loc_sidTaxesInInstallmentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTaxesInInstallmentsAbstract" xlink:to="loc_sidTaxesInInstallmentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesInInstallmentsLineItems" xlink:label="loc_sidTaxesInInstallmentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTaxesInInstallmentsTable" xlink:to="loc_sidTaxesInInstallmentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfLiabilitiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTaxesInInstallmentsTable" xlink:to="loc_ifrs-fullClassesOfLiabilitiesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:to="loc_ifrs-fullLiabilitiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FederalRefisLaw1Member" xlink:label="loc_sidFederalRefisLaw1Member" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidFederalRefisLaw1Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FederalRefisLaw2Member" xlink:label="loc_sidFederalRefisLaw2Member" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidFederalRefisLaw2Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherTaxesInInstallmentsMember" xlink:label="loc_sidOtherTaxesInInstallmentsMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidOtherTaxesInInstallmentsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent" xlink:label="loc_sidFederalRefisAndOtherTaxInstallmentPaymentPlansCurrent" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTaxesInInstallmentsLineItems" xlink:to="loc_sidFederalRefisAndOtherTaxInstallmentPaymentPlansCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent" xlink:label="loc_sidFederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTaxesInInstallmentsLineItems" xlink:to="loc_sidFederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails" xlink:title="00000147 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" xlink:to="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:to="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfLiabilitiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:to="loc_ifrs-fullClassesOfLiabilitiesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:to="loc_ifrs-fullLiabilitiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxMember" xlink:label="loc_sidTaxMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidTaxMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SocialSecurityMember" xlink:label="loc_sidSocialSecurityMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidSocialSecurityMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaborMember" xlink:label="loc_sidLaborMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidLaborMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CivilMember" xlink:label="loc_sidCivilMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidCivilMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EnvironmentalMember" xlink:label="loc_sidEnvironmentalMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidEnvironmentalMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DepositOfAGuaranteeMember" xlink:label="loc_sidDepositOfAGuaranteeMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidDepositOfAGuaranteeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Accruals" xlink:label="loc_ifrs-fullAccruals" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_ifrs-fullAccruals" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DepositsFromBanks" xlink:label="loc_ifrs-fullDepositsFromBanks" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_ifrs-fullDepositsFromBanks" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccruedLiabilitieCurrent" xlink:label="loc_sidAccruedLiabilitieCurrent" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidAccruedLiabilitieCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccruedLiabilitiesNonCurrent" xlink:label="loc_sidAccruedLiabilitiesNonCurrent" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidAccruedLiabilitiesNonCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_JudicialDepositsCurrent" xlink:label="loc_sidJudicialDepositsCurrent" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidJudicialDepositsCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_JudicialDepositsNonCurrent" xlink:label="loc_sidJudicialDepositsNonCurrent" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidJudicialDepositsNonCurrent" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails1" xlink:title="00000148 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details 1)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" xlink:to="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:to="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfLiabilitiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:to="loc_ifrs-fullClassesOfLiabilitiesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:to="loc_ifrs-fullLiabilitiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxMember" xlink:label="loc_sidTaxMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidTaxMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SocialSecurityMember" xlink:label="loc_sidSocialSecurityMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidSocialSecurityMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaborMember" xlink:label="loc_sidLaborMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidLaborMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CivilMember" xlink:label="loc_sidCivilMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidCivilMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EnvironmentalMember" xlink:label="loc_sidEnvironmentalMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidEnvironmentalMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Accruals" xlink:label="loc_ifrs-fullAccruals" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_ifrs-fullAccruals" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionsToAccruals" xlink:label="loc_sidAdditionsToAccruals" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidAdditionsToAccruals" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AccruedCharges" xlink:label="loc_sidAccruedCharges" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidAccruedCharges" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetUtilizationOfAccrualReversal" xlink:label="loc_sidNetUtilizationOfAccrualReversal" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidNetUtilizationOfAccrualReversal" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Accruals" xlink:label="loc_ifrs-fullAccruals_2" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_ifrs-fullAccruals_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails2" xlink:title="00000149 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details 2)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" xlink:to="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:to="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfProvisionsAxis" xlink:label="loc_ifrs-fullClassesOfProvisionsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:to="loc_ifrs-fullClassesOfProvisionsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherProvisionsMember" xlink:label="loc_ifrs-fullOtherProvisionsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfProvisionsAxis" xlink:to="loc_ifrs-fullOtherProvisionsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter1Member" xlink:label="loc_sidMainLegalMatter1Member" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter1Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter2Member" xlink:label="loc_sidMainLegalMatter2Member" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter2Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter3Member" xlink:label="loc_sidMainLegalMatter3Member" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter3Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter4Member" xlink:label="loc_sidMainLegalMatter4Member" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter4Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter5Member" xlink:label="loc_sidMainLegalMatter5Member" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter5Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter7Member" xlink:label="loc_sidMainLegalMatter7Member" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter7Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter8Member" xlink:label="loc_sidMainLegalMatter8Member" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter8Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter10Member" xlink:label="loc_sidMainLegalMatter10Member" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter10Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter11Member" xlink:label="loc_sidMainLegalMatter11Member" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter11Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter13Member" xlink:label="loc_sidMainLegalMatter13Member" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter13Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter14Member" xlink:label="loc_sidMainLegalMatter14Member" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter14Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter15Member" xlink:label="loc_sidMainLegalMatter15Member" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter15Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter21Member" xlink:label="loc_sidMainLegalMatter21Member" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter21Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter16Member" xlink:label="loc_sidMainLegalMatter16Member" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter16Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter25Member" xlink:label="loc_sidMainLegalMatter25Member" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter25Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter26Member" xlink:label="loc_sidMainLegalMatter26Member" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter26Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter27Member" xlink:label="loc_sidMainLegalMatter27Member" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter27Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter17Member" xlink:label="loc_sidMainLegalMatter17Member" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter17Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter18Member" xlink:label="loc_sidMainLegalMatter18Member" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter18Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter19Member" xlink:label="loc_sidMainLegalMatter19Member" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter19Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter30Member" xlink:label="loc_sidMainLegalMatter30Member" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter30Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter32Member" xlink:label="loc_sidMainLegalMatter32Member" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter32Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter20Member" xlink:label="loc_sidMainLegalMatter20Member" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter20Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter28Member" xlink:label="loc_sidMainLegalMatter28Member" />
      <link:presentationArc order="430" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter28Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter23Member" xlink:label="loc_sidMainLegalMatter23Member" />
      <link:presentationArc order="470" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter23Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter29Member" xlink:label="loc_sidMainLegalMatter29Member" />
      <link:presentationArc order="490" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter29Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MainLegalMatter31Member" xlink:label="loc_sidMainLegalMatter31Member" />
      <link:presentationArc order="520" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullOtherProvisionsMember" xlink:to="loc_sidMainLegalMatter31Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LegalProceedingsProvision" xlink:label="loc_ifrs-fullLegalProceedingsProvision" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_ifrs-fullLegalProceedingsProvision" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetailsNarrative" xlink:title="00000150 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract" xlink:to="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:label="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:to="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:label="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" xlink:label="loc_ifrs-fullEntitysTotalForSubsidiariesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_ifrs-fullEntitysTotalForSubsidiariesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MVRMember" xlink:label="loc_sidMVRMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidMVRMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_INEAMember" xlink:label="loc_sidINEAMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidINEAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsAxis" xlink:label="loc_ifrs-fullTypesOfContractsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:to="loc_ifrs-fullTypesOfContractsAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsMember" xlink:label="loc_ifrs-fullTypesOfContractsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfContractsAxis" xlink:to="loc_ifrs-fullTypesOfContractsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NewAgreementMember" xlink:label="loc_sidNewAgreementMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidNewAgreementMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_deiLegalEntityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTable" xlink:to="loc_deiLegalEntityAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityDomain" xlink:label="loc_deiEntityDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiLegalEntityAxis" xlink:to="loc_deiEntityDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MunicipalityOfVoltaRedondaMember" xlink:label="loc_sidMunicipalityOfVoltaRedondaMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityDomain" xlink:to="loc_sidMunicipalityOfVoltaRedondaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncomeFromFinesAndPenalties" xlink:label="loc_ifrs-fullIncomeFromFinesAndPenalties" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_ifrs-fullIncomeFromFinesAndPenalties" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UpdatedAmount" xlink:label="loc_sidUpdatedAmount" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidUpdatedAmount" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionalInvestment" xlink:label="loc_sidAdditionalInvestment" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidAdditionalInvestment" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfAllocatedToServicesOfEnvironmentalInterest" xlink:label="loc_sidPercentageOfAllocatedToServicesOfEnvironmentalInterest" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidPercentageOfAllocatedToServicesOfEnvironmentalInterest" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActualDisbursement" xlink:label="loc_sidActualDisbursement" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems" xlink:to="loc_sidActualDisbursement" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetails" xlink:title="00000151 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract" xlink:label="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" xlink:label="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract" xlink:to="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" xlink:label="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" xlink:to="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfLiabilitiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" xlink:to="loc_ifrs-fullClassesOfLiabilitiesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:to="loc_ifrs-fullLiabilitiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EnvironmentalLiabilitiesMember" xlink:label="loc_sidEnvironmentalLiabilitiesMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidEnvironmentalLiabilitiesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AssetRetirementObligationsMember" xlink:label="loc_sidAssetRetirementObligationsMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidAssetRetirementObligationsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherLongtermProvisions" xlink:label="loc_ifrs-fullOtherLongtermProvisions" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" xlink:to="loc_ifrs-fullOtherLongtermProvisions" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetailsNarrative" xlink:title="00000152 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract" xlink:label="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" xlink:label="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract" xlink:to="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" xlink:label="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" xlink:to="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:label="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsTable" xlink:to="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForCashgeneratingUnitsMember" xlink:label="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullIndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis" xlink:to="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MiningMember" xlink:label="loc_sidMiningMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForCashgeneratingUnitsMember" xlink:to="loc_sidMiningMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Provisions" xlink:label="loc_ifrs-fullProvisions" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems" xlink:to="loc_ifrs-fullProvisions" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails" xlink:title="00000153 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialAssetsAxis" xlink:label="loc_ifrs-fullClassesOfFinancialAssetsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullClassesOfFinancialAssetsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinancialAssetsMember" xlink:label="loc_ifrs-fullFinancialAssetsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfFinancialAssetsAxis" xlink:to="loc_ifrs-fullFinancialAssetsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherNonCurrentAssetMember" xlink:label="loc_sidOtherNonCurrentAssetMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidOtherNonCurrentAssetMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LoanMember" xlink:label="loc_sidLoanMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidLoanMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInvestmentsMember" xlink:label="loc_sidFinancialInvestmentsMember" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidFinancialInvestmentsMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsReceivableMember" xlink:label="loc_sidDividendsReceivableMember" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidDividendsReceivableMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TradeReceivablesMember" xlink:label="loc_ifrs-fullTradeReceivablesMember" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_ifrs-fullTradeReceivablesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherCurrentAssetMember" xlink:label="loc_sidOtherCurrentAssetMember" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidOtherCurrentAssetMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssetMember" xlink:label="loc_sidActuarialAssetMember" />
      <link:presentationArc order="410" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidActuarialAssetMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IntercompanyLoansMember" xlink:label="loc_sidIntercompanyLoansMember" />
      <link:presentationArc order="450" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullFinancialAssetsMember" xlink:to="loc_sidIntercompanyLoansMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_JointVenturesEJointOperationMember" xlink:label="loc_sidJointVenturesEJointOperationMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_sidJointVenturesEJointOperationMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember" xlink:label="loc_sidSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_sidSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherRelatedPartiesMember" xlink:label="loc_ifrs-fullOtherRelatedPartiesMember" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_ifrs-fullOtherRelatedPartiesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfLiabilitiesAxis" xlink:label="loc_ifrs-fullClassesOfLiabilitiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullClassesOfLiabilitiesAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesMember" xlink:label="loc_ifrs-fullLiabilitiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfLiabilitiesAxis" xlink:to="loc_ifrs-fullLiabilitiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TradePayablesMember" xlink:label="loc_sidTradePayablesMember" />
      <link:presentationArc order="470" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidTradePayablesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherAccountsPayableMember" xlink:label="loc_sidOtherAccountsPayableMember" />
      <link:presentationArc order="530" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidOtherAccountsPayableMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherProvisionForConsumptionAndServicesMember" xlink:label="loc_sidOtherProvisionForConsumptionAndServicesMember" />
      <link:presentationArc order="590" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidOtherProvisionForConsumptionAndServicesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialLiabilitiesMember" xlink:label="loc_sidActuarialLiabilitiesMember" />
      <link:presentationArc order="630" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesMember" xlink:to="loc_sidActuarialLiabilitiesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssetsAbstract" xlink:label="loc_ifrs-fullAssetsAbstract" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullAssetsAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentAssets" xlink:label="loc_ifrs-fullCurrentAssets" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAssetsAbstract" xlink:to="loc_ifrs-fullCurrentAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentAssets" xlink:label="loc_ifrs-fullNoncurrentAssets" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAssetsAbstract" xlink:to="loc_ifrs-fullNoncurrentAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Assets" xlink:label="loc_ifrs-fullAssets" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAssetsAbstract" xlink:to="loc_ifrs-fullAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilitiesAbstract" xlink:label="loc_ifrs-fullLiabilitiesAbstract" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullLiabilitiesAbstract" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentLiabilities" xlink:label="loc_ifrs-fullCurrentLiabilities" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesAbstract" xlink:to="loc_ifrs-fullCurrentLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentLiabilities" xlink:label="loc_ifrs-fullNoncurrentLiabilities" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesAbstract" xlink:to="loc_ifrs-fullNoncurrentLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Liabilities" xlink:label="loc_ifrs-fullLiabilities" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullLiabilitiesAbstract" xlink:to="loc_ifrs-fullLiabilities" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails1" xlink:title="00000154 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 1)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_JointVenturesJointOperationMember" xlink:label="loc_sidJointVenturesJointOperationMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_sidJointVenturesJointOperationMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SubsidiariesAndAssociateMember" xlink:label="loc_sidSubsidiariesAndAssociateMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_sidSubsidiariesAndAssociateMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherRelatedPartiesMember" xlink:label="loc_ifrs-fullOtherRelatedPartiesMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_ifrs-fullOtherRelatedPartiesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossAbstract" xlink:label="loc_ifrs-fullProfitLossAbstract" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullProfitLossAbstract" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RevenueFromSaleOfGoods" xlink:label="loc_ifrs-fullRevenueFromSaleOfGoods" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullProfitLossAbstract" xlink:to="loc_ifrs-fullRevenueFromSaleOfGoods" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RawMaterialsAndConsumablesUsed" xlink:label="loc_ifrs-fullRawMaterialsAndConsumablesUsed" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullProfitLossAbstract" xlink:to="loc_ifrs-fullRawMaterialsAndConsumablesUsed" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialIncomeExpensesAbstract" xlink:label="loc_sidFinancialIncomeExpensesAbstract" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_sidFinancialIncomeExpensesAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialInterest" xlink:label="loc_sidFinancialInterest" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinancialIncomeExpensesAbstract" xlink:to="loc_sidFinancialInterest" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOfExchangeRateChanges" xlink:label="loc_sidEffectOfExchangeRateChanges" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinancialIncomeExpensesAbstract" xlink:to="loc_sidEffectOfExchangeRateChanges" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinanceIncomeCost" xlink:label="loc_ifrs-fullFinanceIncomeCost" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinancialIncomeExpensesAbstract" xlink:to="loc_ifrs-fullFinanceIncomeCost" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherOperatingIncomeExpense" xlink:label="loc_ifrs-fullOtherOperatingIncomeExpense" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinancialIncomeExpensesAbstract" xlink:to="loc_ifrs-fullOtherOperatingIncomeExpense" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLoss" xlink:label="loc_ifrs-fullProfitLoss" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinancialIncomeExpensesAbstract" xlink:to="loc_ifrs-fullProfitLoss" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails2" xlink:title="00000155 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 2)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:label="loc_ifrs-fullKeyManagementPersonnelCompensationShorttermEmployeeBenefits" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_ifrs-fullKeyManagementPersonnelCompensationShorttermEmployeeBenefits" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits" xlink:label="loc_ifrs-fullKeyManagementPersonnelCompensationPostemploymentBenefits" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_ifrs-fullKeyManagementPersonnelCompensationPostemploymentBenefits" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_KeyManagementPersonnelCompensation" xlink:label="loc_ifrs-fullKeyManagementPersonnelCompensation" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_ifrs-fullKeyManagementPersonnelCompensation" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails3" xlink:title="00000156 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 3)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" xlink:label="loc_ifrs-fullContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfInstrumentMember" xlink:label="loc_ifrs-fullTypesOfInstrumentMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis" xlink:to="loc_ifrs-fullTypesOfInstrumentMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GuaranteesMember" xlink:label="loc_ifrs-fullGuaranteesMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfInstrumentMember" xlink:to="loc_ifrs-fullGuaranteesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyAxis" xlink:label="loc_sidTypeOfFunctionalCurrencyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_sidTypeOfFunctionalCurrencyAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TypeOfFunctionalCurrencyDomain" xlink:label="loc_sidTypeOfFunctionalCurrencyDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTypeOfFunctionalCurrencyAxis" xlink:to="loc_sidTypeOfFunctionalCurrencyDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ForeignCurrencyMember" xlink:label="loc_sidForeignCurrencyMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTypeOfFunctionalCurrencyDomain" xlink:to="loc_sidForeignCurrencyMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LocalCurrencyMember" xlink:label="loc_sidLocalCurrencyMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidTypeOfFunctionalCurrencyDomain" xlink:to="loc_sidLocalCurrencyMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_srtCurrencyAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_EUR" xlink:label="loc_currencyEUR" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyEUR" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_USD" xlink:label="loc_currencyUSD" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyUSD" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_JointOperationsAxis" xlink:label="loc_ifrs-fullJointOperationsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullJointOperationsAxis" order="40" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForJointOperationsMember" xlink:label="loc_ifrs-fullEntitysTotalForJointOperationsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullJointOperationsAxis" xlink:to="loc_ifrs-fullEntitysTotalForJointOperationsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransnordestinaLogisticaSAMember" xlink:label="loc_sidTransnordestinaLogisticaSAMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidTransnordestinaLogisticaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FTLFerroviaTransnordestinaMember" xlink:label="loc_sidFTLFerroviaTransnordestinaMember" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidFTLFerroviaTransnordestinaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CiaMetalurgicaPradaMember" xlink:label="loc_sidCiaMetalurgicaPradaMember" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCiaMetalurgicaPradaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNEnergiaMember" xlink:label="loc_sidCSNEnergiaMember" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCSNEnergiaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMineracaoMember" xlink:label="loc_sidCSNMineracaoMember" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCSNMineracaoMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EstanhoDeRondoniaMember" xlink:label="loc_sidEstanhoDeRondoniaMember" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidEstanhoDeRondoniaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MineriosNacionalSAMember" xlink:label="loc_sidMineriosNacionalSAMember" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidMineriosNacionalSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNIslandsXIIMember" xlink:label="loc_sidCSNIslandsXIIMember" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCSNIslandsXIIMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNResourcesMember" xlink:label="loc_sidCSNResourcesMember" />
      <link:presentationArc order="310" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCSNResourcesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNSteelSLMember" xlink:label="loc_sidCSNSteelSLMember" />
      <link:presentationArc order="340" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCSNSteelSLMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNInovaVenturesMember" xlink:label="loc_sidCSNInovaVenturesMember" />
      <link:presentationArc order="390" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCSNInovaVenturesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNIslandsXIMember" xlink:label="loc_sidCSNIslandsXIMember" />
      <link:presentationArc order="420" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCSNIslandsXIMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsMaturity" xlink:label="loc_ifrs-fullBorrowingsMaturity" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullBorrowingsMaturity" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsRelaetdParty" xlink:label="loc_sidBorrowingsRelaetdParty" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_sidBorrowingsRelaetdParty" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxForeclosure" xlink:label="loc_sidTaxForeclosure" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_sidTaxForeclosure" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersGuarantees" xlink:label="loc_sidOthersGuarantees" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_sidOthersGuarantees" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalGuarantees" xlink:label="loc_sidTotalGuarantees" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_sidTotalGuarantees" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/Related-partyBalancesAndTransactionsDetailsNarrative" xlink:title="00000157 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesAbstract" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:label="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CategoriesOfOtherRelatedPartiesAxis" xlink:label="loc_sidCategoriesOfOtherRelatedPartiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_sidCategoriesOfOtherRelatedPartiesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CategoriesOfOtherRelatedPartiesDomain" xlink:label="loc_sidCategoriesOfOtherRelatedPartiesDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidCategoriesOfOtherRelatedPartiesAxis" xlink:to="loc_sidCategoriesOfOtherRelatedPartiesDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VicunhaAcosSAMember" xlink:label="loc_sidVicunhaAcosSAMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidCategoriesOfOtherRelatedPartiesDomain" xlink:to="loc_sidVicunhaAcosSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RioPurusParticipacoesSAMember" xlink:label="loc_sidRioPurusParticipacoesSAMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidCategoriesOfOtherRelatedPartiesDomain" xlink:to="loc_sidRioPurusParticipacoesSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_JointOperationsAxis" xlink:label="loc_ifrs-fullJointOperationsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullJointOperationsAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForJointOperationsMember" xlink:label="loc_ifrs-fullEntitysTotalForJointOperationsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullJointOperationsAxis" xlink:to="loc_ifrs-fullEntitysTotalForJointOperationsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VicunhaSiderurgiaSAMember" xlink:label="loc_sidVicunhaSiderurgiaSAMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidVicunhaSiderurgiaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RioIacoParticipacoesSAMember" xlink:label="loc_sidRioIacoParticipacoesSAMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidRioIacoParticipacoesSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VicunhaSteelSAMember" xlink:label="loc_sidVicunhaSteelSAMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidVicunhaSteelSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CFLParticipacoesSAMember" xlink:label="loc_sidCFLParticipacoesSAMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidCFLParticipacoesSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VicunhaSteelSA1Member" xlink:label="loc_sidVicunhaSteelSA1Member" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidVicunhaSteelSA1Member" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransnordestinaLogisticaSAMember" xlink:label="loc_sidTransnordestinaLogisticaSAMember" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidTransnordestinaLogisticaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MRSLogisticaMember" xlink:label="loc_sidMRSLogisticaMember" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForJointOperationsMember" xlink:to="loc_sidMRSLogisticaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-fullRangeAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesTable" xlink:to="loc_ifrs-fullRangeAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BottomOfRangeMember" xlink:label="loc_ifrs-fullBottomOfRangeMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullBottomOfRangeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="loc_ifrs-fullTopOfRangeMember" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullTopOfRangeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProportionOfVotingRightsHeldInJointVenture" xlink:label="loc_ifrs-fullProportionOfVotingRightsHeldInJointVenture" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullProportionOfVotingRightsHeldInJointVenture" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendPayables" xlink:label="loc_ifrs-fullDividendPayables" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullDividendPayables" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsInterestRate" xlink:label="loc_ifrs-fullBorrowingsInterestRate" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullBorrowingsInterestRate" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NotionalAmount" xlink:label="loc_ifrs-fullNotionalAmount" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_ifrs-fullNotionalAmount" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfFinancialInvestment" xlink:label="loc_sidDescriptionOfFinancialInvestment" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_sidDescriptionOfFinancialInvestment" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdvanceForFutureCapitalIncreases" xlink:label="loc_sidAdvanceForFutureCapitalIncreases" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_sidAdvanceForFutureCapitalIncreases" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DistributionOfMandatoryMinimumDividend" xlink:label="loc_sidDistributionOfMandatoryMinimumDividend" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTransactionsBetweenRelatedPartiesLineItems" xlink:to="loc_sidDistributionOfMandatoryMinimumDividend" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquityDetails" xlink:title="00000158 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" xlink:to="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:to="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_deiLegalEntityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:to="loc_deiLegalEntityAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityDomain" xlink:label="loc_deiEntityDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiLegalEntityAxis" xlink:to="loc_deiEntityDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VicunhaAcosSAMember" xlink:label="loc_sidVicunhaAcosSAMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityDomain" xlink:to="loc_sidVicunhaAcosSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RioLacoParticipacoesSAMember" xlink:label="loc_sidRioLacoParticipacoesSAMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityDomain" xlink:to="loc_sidRioLacoParticipacoesSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NyseAdrsMember" xlink:label="loc_sidNyseAdrsMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityDomain" xlink:to="loc_sidNyseAdrsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOneMember" xlink:label="loc_sidOtherOneMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityDomain" xlink:to="loc_sidOtherOneMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComponentsOfEquityAxis" xlink:label="loc_ifrs-fullComponentsOfEquityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:to="loc_ifrs-fullComponentsOfEquityAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityMember" xlink:label="loc_ifrs-fullEquityMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullEquityMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_USIM3Member" xlink:label="loc_sidUSIM3Member" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_sidUSIM3Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TreasurySharesMember" xlink:label="loc_ifrs-fullTreasurySharesMember" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_ifrs-fullTreasurySharesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NumberOfSharesOutstanding" xlink:label="loc_ifrs-fullNumberOfSharesOutstanding" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullNumberOfSharesOutstanding" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfShares" xlink:label="loc_sidPercentageOfShares" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidPercentageOfShares" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:label="loc_ifrs-fullPercentageOfVotingEquityInterestsAcquired" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullPercentageOfVotingEquityInterestsAcquired" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquityDetails1" xlink:title="00000159 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY (Details 1)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" xlink:to="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:to="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComponentsOfEquityAxis" xlink:label="loc_ifrs-fullComponentsOfEquityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:to="loc_ifrs-fullComponentsOfEquityAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityMember" xlink:label="loc_ifrs-fullEquityMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullEquityMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BuybackProgram9Number2Member" xlink:label="loc_sidBuybackProgram9Number2Member" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_sidBuybackProgram9Number2Member" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BoardsAuthorizationDate" xlink:label="loc_sidBoardsAuthorizationDate" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidBoardsAuthorizationDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NumberOfSharesAuthorised" xlink:label="loc_ifrs-fullNumberOfSharesAuthorised" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullNumberOfSharesAuthorised" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BuybackProgramPeriod" xlink:label="loc_sidBuybackProgramPeriod" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidBuybackProgramPeriod" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageBuybackPrice" xlink:label="loc_sidAverageBuybackPrice" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidAverageBuybackPrice" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MinimumAndMaximumBuybackPrice" xlink:label="loc_sidMinimumAndMaximumBuybackPrice" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidMinimumAndMaximumBuybackPrice" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SaleOfShares" xlink:label="loc_sidSaleOfShares" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidSaleOfShares" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TreasuryShare" xlink:label="loc_sidTreasuryShare" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidTreasuryShare" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquityDetails2" xlink:title="00000160 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY (Details 2)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" xlink:to="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:to="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-fullRangeAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:to="loc_ifrs-fullRangeAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BottomOfRangeMember" xlink:label="loc_ifrs-fullBottomOfRangeMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullBottomOfRangeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="loc_ifrs-fullTopOfRangeMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullTopOfRangeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_WeightedAverageMember" xlink:label="loc_ifrs-fullWeightedAverageMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullWeightedAverageMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfSharesRepurchased" xlink:label="loc_sidNumberOfSharesRepurchased" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidNumberOfSharesRepurchased" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TreasuryShares" xlink:label="loc_ifrs-fullTreasuryShares" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullTreasuryShares" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_WeightAverageSharePrice" xlink:label="loc_sidWeightAverageSharePrice" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidWeightAverageSharePrice" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TreasurySharesMarketPrice" xlink:label="loc_sidTreasurySharesMarketPrice" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidTreasurySharesMarketPrice" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquityDetails3" xlink:title="00000161 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY (Details 3)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:label="loc_ifrs-fullProfitLossAttributableToOwnersOfParent" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" xlink:to="loc_ifrs-fullProfitLossAttributableToOwnersOfParent" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_WeightedAverageShares" xlink:label="loc_ifrs-fullWeightedAverageShares" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" xlink:to="loc_ifrs-fullWeightedAverageShares" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BasicAndDilutedEarningsLossPerShare" xlink:label="loc_ifrs-fullBasicAndDilutedEarningsLossPerShare" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" xlink:to="loc_ifrs-fullBasicAndDilutedEarningsLossPerShare" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersEquityDetailsNarrative" xlink:title="00000162 - Disclosure - 23. SHAREHOLDERS&apos; EQUITY (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalAbstract" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalTable" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalAbstract" xlink:to="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfClassesOfShareCapitalLineItems" xlink:label="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:to="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ComponentsOfEquityAxis" xlink:label="loc_ifrs-fullComponentsOfEquityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:to="loc_ifrs-fullComponentsOfEquityAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EquityMember" xlink:label="loc_ifrs-fullEquityMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullComponentsOfEquityAxis" xlink:to="loc_ifrs-fullEquityMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TreasurySharesMember" xlink:label="loc_ifrs-fullTreasurySharesMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEquityMember" xlink:to="loc_ifrs-fullTreasurySharesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-fullRangeAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalTable" xlink:to="loc_ifrs-fullRangeAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_WeightedAverageMember" xlink:label="loc_ifrs-fullWeightedAverageMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullWeightedAverageMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IssuedCapital" xlink:label="loc_ifrs-fullIssuedCapital" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullIssuedCapital" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalIncrease" xlink:label="loc_sidCapitalIncrease" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidCapitalIncrease" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NumberOfSharesAuthorised" xlink:label="loc_ifrs-fullNumberOfSharesAuthorised" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_ifrs-fullNumberOfSharesAuthorised" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumbersOfShareIssuedValue" xlink:label="loc_sidNumbersOfShareIssuedValue" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidNumbersOfShareIssuedValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SharesPrice" xlink:label="loc_sidSharesPrice" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfClassesOfShareCapitalLineItems" xlink:to="loc_sidSharesPrice" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersCompensationDetails" xlink:title="00000163 - Disclosure - 24. Shareholders&apos; Compensation (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ShareholdersCompensationAbstract" xlink:label="loc_sidShareholdersCompensationAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossAttributableToOwnersOfParent" xlink:label="loc_ifrs-fullProfitLossAttributableToOwnersOfParent" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidShareholdersCompensationAbstract" xlink:to="loc_ifrs-fullProfitLossAttributableToOwnersOfParent" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalReserves" xlink:label="loc_sidCapitalReserves" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidShareholdersCompensationAbstract" xlink:to="loc_sidCapitalReserves" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProfitForAllocation" xlink:label="loc_sidProfitForAllocation" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidShareholdersCompensationAbstract" xlink:to="loc_sidProfitForAllocation" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProposedDestinationAbtract" xlink:label="loc_sidProposedDestinationAbtract" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidShareholdersCompensationAbstract" xlink:to="loc_sidProposedDestinationAbtract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MinimumMandatoryDividend" xlink:label="loc_sidMinimumMandatoryDividend" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProposedDestinationAbtract" xlink:to="loc_sidMinimumMandatoryDividend" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_StatutoryReserves" xlink:label="loc_sidStatutoryReserves" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProposedDestinationAbtract" xlink:to="loc_sidStatutoryReserves" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AllocationOfProfit" xlink:label="loc_sidAllocationOfProfit" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProposedDestinationAbtract" xlink:to="loc_sidAllocationOfProfit" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_WeightedAverageShares" xlink:label="loc_ifrs-fullWeightedAverageShares" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProposedDestinationAbtract" xlink:to="loc_ifrs-fullWeightedAverageShares" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DividendsPaidOrdinarySharesPerShare" xlink:label="loc_ifrs-fullDividendsPaidOrdinarySharesPerShare" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidProposedDestinationAbtract" xlink:to="loc_ifrs-fullDividendsPaidOrdinarySharesPerShare" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CurrentLiabilitiesOnEquityAbtract" xlink:label="loc_sidCurrentLiabilitiesOnEquityAbtract" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidShareholdersCompensationAbstract" xlink:to="loc_sidCurrentLiabilitiesOnEquityAbtract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsPaidOnShareholdersEquityLiabilites" xlink:label="loc_sidDividendsPaidOnShareholdersEquityLiabilites" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidCurrentLiabilitiesOnEquityAbtract" xlink:to="loc_sidDividendsPaidOnShareholdersEquityLiabilites" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsPaidInYear" xlink:label="loc_sidDividendsPaidInYear" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidCurrentLiabilitiesOnEquityAbtract" xlink:to="loc_sidDividendsPaidInYear" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProposedDividendOnShareholdersEquityLiabilites" xlink:label="loc_sidProposedDividendOnShareholdersEquityLiabilites" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidCurrentLiabilitiesOnEquityAbtract" xlink:to="loc_sidProposedDividendOnShareholdersEquityLiabilites" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsPaidOnShareholdersEquityLiabilites" xlink:label="loc_sidDividendsPaidOnShareholdersEquityLiabilites_2" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidCurrentLiabilitiesOnEquityAbtract" xlink:to="loc_sidDividendsPaidOnShareholdersEquityLiabilites_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ShareholdersCompensationDetailsNarrative" xlink:title="00000164 - Disclosure - 24. Shareholders&apos; Compensation (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ShareholdersCompensationAbstract" xlink:label="loc_sidShareholdersCompensationAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfDistributionOfMinimumDividends" xlink:label="loc_sidPercentageOfDistributionOfMinimumDividends" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidShareholdersCompensationAbstract" xlink:to="loc_sidPercentageOfDistributionOfMinimumDividends" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/NetRevenueFromSalesDetails" xlink:title="00000165 - Disclosure - 25. NET REVENUE FROM SALES (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetRevenueFromSalesAbstract" xlink:label="loc_sidNetRevenueFromSalesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetRevenueFromSalesTable" xlink:label="loc_sidNetRevenueFromSalesTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidNetRevenueFromSalesAbstract" xlink:to="loc_sidNetRevenueFromSalesTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetRevenueFromSalesLineItems" xlink:label="loc_sidNetRevenueFromSalesLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidNetRevenueFromSalesTable" xlink:to="loc_sidNetRevenueFromSalesLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasAxis" xlink:label="loc_ifrs-fullGeographicalAreasAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidNetRevenueFromSalesTable" xlink:to="loc_ifrs-fullGeographicalAreasAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasMember" xlink:label="loc_ifrs-fullGeographicalAreasMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullGeographicalAreasAxis" xlink:to="loc_ifrs-fullGeographicalAreasMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DomesticMarketMember" xlink:label="loc_sidDomesticMarketMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_sidDomesticMarketMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ForeignMarketMember" xlink:label="loc_sidForeignMarketMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_sidForeignMarketMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GrossRevenue" xlink:label="loc_sidGrossRevenue" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidNetRevenueFromSalesLineItems" xlink:to="loc_sidGrossRevenue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeductionsAbstract" xlink:label="loc_sidDeductionsAbstract" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidNetRevenueFromSalesLineItems" xlink:to="loc_sidDeductionsAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SalesReturnsAndDiscounts" xlink:label="loc_sidSalesReturnsAndDiscounts" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeductionsAbstract" xlink:to="loc_sidSalesReturnsAndDiscounts" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxEffectOfRevenues" xlink:label="loc_sidTaxEffectOfRevenues" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeductionsAbstract" xlink:to="loc_sidTaxEffectOfRevenues" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RevenueDeductions" xlink:label="loc_sidRevenueDeductions" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeductionsAbstract" xlink:to="loc_sidRevenueDeductions" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetRevenues" xlink:label="loc_sidNetRevenues" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDeductionsAbstract" xlink:to="loc_sidNetRevenues" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/NetRevenueFromSalesDetailsNarrative" xlink:title="00000166 - Disclosure - 25. NET REVENUE FROM SALES (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetRevenueFromSalesAbstract" xlink:label="loc_sidNetRevenueFromSalesAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfTypesOfProductsAndServicesFromWhichEachReportableSegmentDerivesItsRevenues" xlink:label="loc_ifrs-fullDescriptionOfTypesOfProductsAndServicesFromWhichEachReportableSegmentDerivesItsRevenues" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidNetRevenueFromSalesAbstract" xlink:to="loc_ifrs-fullDescriptionOfTypesOfProductsAndServicesFromWhichEachReportableSegmentDerivesItsRevenues" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfBasisOfAccountingForTransactionsBetweenReportableSegments" xlink:label="loc_ifrs-fullDescriptionOfBasisOfAccountingForTransactionsBetweenReportableSegments" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidNetRevenueFromSalesAbstract" xlink:to="loc_ifrs-fullDescriptionOfBasisOfAccountingForTransactionsBetweenReportableSegments" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfPaymentTerms" xlink:label="loc_sidDescriptionOfPaymentTerms" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidNetRevenueFromSalesAbstract" xlink:to="loc_sidDescriptionOfPaymentTerms" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ExpensesByNatureDetails" xlink:title="00000167 - Disclosure - 26. EXPENSES BY NATURE (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ExpenseByNatureAbstract" xlink:label="loc_ifrs-fullExpenseByNatureAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureTable" xlink:label="loc_sidExpenseByNatureTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_sidExpenseByNatureTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureLineItems" xlink:label="loc_sidExpenseByNatureLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureTable" xlink:to="loc_sidExpenseByNatureLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpensesByNatureAxis" xlink:label="loc_sidExpensesByNatureAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureTable" xlink:to="loc_sidExpensesByNatureAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpensesByNatureDomain" xlink:label="loc_sidExpensesByNatureDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpensesByNatureAxis" xlink:to="loc_sidExpensesByNatureDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RawMaterialsAndInputsMember" xlink:label="loc_sidRawMaterialsAndInputsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpensesByNatureDomain" xlink:to="loc_sidRawMaterialsAndInputsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaborCostMember" xlink:label="loc_sidLaborCostMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpensesByNatureDomain" xlink:to="loc_sidLaborCostMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SuppliesMember" xlink:label="loc_sidSuppliesMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpensesByNatureDomain" xlink:to="loc_sidSuppliesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MaintenanceCostServicesAndMaterialsMember" xlink:label="loc_sidMaintenanceCostServicesAndMaterialsMember" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpensesByNatureDomain" xlink:to="loc_sidMaintenanceCostServicesAndMaterialsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OutsourcingServicesMember" xlink:label="loc_sidOutsourcingServicesMember" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpensesByNatureDomain" xlink:to="loc_sidOutsourcingServicesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FreightsMember" xlink:label="loc_sidFreightsMember" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpensesByNatureDomain" xlink:to="loc_sidFreightsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DistributionFreightsMember" xlink:label="loc_sidDistributionFreightsMember" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpensesByNatureDomain" xlink:to="loc_sidDistributionFreightsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DepreciationAmortizationAndDepletionMember" xlink:label="loc_sidDepreciationAmortizationAndDepletionMember" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpensesByNatureDomain" xlink:to="loc_sidDepreciationAmortizationAndDepletionMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersOneMember" xlink:label="loc_sidOthersOneMember" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpensesByNatureDomain" xlink:to="loc_sidOthersOneMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OperatingExpenseExcludingCostOfSales" xlink:label="loc_ifrs-fullOperatingExpenseExcludingCostOfSales" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_ifrs-fullOperatingExpenseExcludingCostOfSales" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaterialIncomeAndExpenseAbstract" xlink:label="loc_ifrs-fullMaterialIncomeAndExpenseAbstract" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_ifrs-fullMaterialIncomeAndExpenseAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CostOfSales" xlink:label="loc_ifrs-fullCostOfSales" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMaterialIncomeAndExpenseAbstract" xlink:to="loc_ifrs-fullCostOfSales" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SalesAndMarketingExpense" xlink:label="loc_ifrs-fullSalesAndMarketingExpense" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMaterialIncomeAndExpenseAbstract" xlink:to="loc_ifrs-fullSalesAndMarketingExpense" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdministrativeExpense" xlink:label="loc_ifrs-fullAdministrativeExpense" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMaterialIncomeAndExpenseAbstract" xlink:to="loc_ifrs-fullAdministrativeExpense" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MiscellaneousOtherOperatingExpense1" xlink:label="loc_sidMiscellaneousOtherOperatingExpense1" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMaterialIncomeAndExpenseAbstract" xlink:to="loc_sidMiscellaneousOtherOperatingExpense1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ExpensesByNatureDetails1" xlink:title="00000168 - Disclosure - 26. EXPENSES BY NATURE (Details 1)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ExpenseByNatureAbstract" xlink:label="loc_ifrs-fullExpenseByNatureAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureTable" xlink:label="loc_sidExpenseByNatureTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_sidExpenseByNatureTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureLineItems" xlink:label="loc_sidExpenseByNatureLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureTable" xlink:to="loc_sidExpenseByNatureLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureAxis" xlink:label="loc_sidExpenseByNatureAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureTable" xlink:to="loc_sidExpenseByNatureAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureDomain" xlink:label="loc_sidExpenseByNatureDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureAxis" xlink:to="loc_sidExpenseByNatureDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DepreciationAmortizationAndDepletionMember" xlink:label="loc_sidDepreciationAmortizationAndDepletionMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureDomain" xlink:to="loc_sidDepreciationAmortizationAndDepletionMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CostOfSales" xlink:label="loc_ifrs-fullCostOfSales" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_ifrs-fullCostOfSales" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SalesAndMarketingExpense" xlink:label="loc_ifrs-fullSalesAndMarketingExpense" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_ifrs-fullSalesAndMarketingExpense" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AdministrativeExpense" xlink:label="loc_ifrs-fullAdministrativeExpense" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_ifrs-fullAdministrativeExpense" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OperatingExpense" xlink:label="loc_ifrs-fullOperatingExpense" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_ifrs-fullOperatingExpense" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherOperatingIncomeExpense" xlink:label="loc_ifrs-fullOtherOperatingIncomeExpense" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_ifrs-fullOtherOperatingIncomeExpense" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiscellaneousOtherOperatingExpense" xlink:label="loc_ifrs-fullMiscellaneousOtherOperatingExpense" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/ExpensesByNatureDetailsNarrative" xlink:title="00000169 - Disclosure - 26. EXPENSES BY NATURE (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ExpenseByNatureAbstract" xlink:label="loc_ifrs-fullExpenseByNatureAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureTable" xlink:label="loc_sidExpenseByNatureTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullExpenseByNatureAbstract" xlink:to="loc_sidExpenseByNatureTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpenseByNatureLineItems" xlink:label="loc_sidExpenseByNatureLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureTable" xlink:to="loc_sidExpenseByNatureLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProductsAndServicesAxis" xlink:label="loc_ifrs-fullProductsAndServicesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureTable" xlink:to="loc_ifrs-fullProductsAndServicesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProductsAndServicesMember" xlink:label="loc_ifrs-fullProductsAndServicesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullProductsAndServicesAxis" xlink:to="loc_ifrs-fullProductsAndServicesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IronOreMember" xlink:label="loc_sidIronOreMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullProductsAndServicesMember" xlink:to="loc_sidIronOreMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsAxis" xlink:label="loc_ifrs-fullTypesOfContractsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureTable" xlink:to="loc_ifrs-fullTypesOfContractsAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsMember" xlink:label="loc_ifrs-fullTypesOfContractsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfContractsAxis" xlink:to="loc_ifrs-fullTypesOfContractsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LeaseAgreementMember" xlink:label="loc_sidLeaseAgreementMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidLeaseAgreementMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfProductionProcess" xlink:label="loc_sidPercentageOfProductionProcess" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_sidPercentageOfProductionProcess" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BookBalanceOfAssets" xlink:label="loc_sidBookBalanceOfAssets" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_sidBookBalanceOfAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CostOfProduction" xlink:label="loc_sidCostOfProduction" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidExpenseByNatureLineItems" xlink:to="loc_sidCostOfProduction" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherOperatingIncomeAndExpensesDetails" xlink:title="00000170 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingInconeAndExpensesAbstarct" xlink:label="loc_sidOtherOperatingInconeAndExpensesAbstarct" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingIncomeAbstract" xlink:label="loc_sidOtherOperatingIncomeAbstract" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingInconeAndExpensesAbstarct" xlink:to="loc_sidOtherOperatingIncomeAbstract" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Indemnities" xlink:label="loc_sidIndemnities" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingIncomeAbstract" xlink:to="loc_sidIndemnities" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RentalsAndLeases" xlink:label="loc_sidRentalsAndLeases" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingIncomeAbstract" xlink:to="loc_sidRentalsAndLeases" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DividendsReceived1" xlink:label="loc_sidDividendsReceived1" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingIncomeAbstract" xlink:to="loc_sidDividendsReceived1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PisAndCofinsToCompensate" xlink:label="loc_sidPisAndCofinsToCompensate" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingIncomeAbstract" xlink:to="loc_sidPisAndCofinsToCompensate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ContractualFines" xlink:label="loc_sidContractualFines" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingIncomeAbstract" xlink:to="loc_sidContractualFines" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialPensionPlan" xlink:label="loc_sidActuarialPensionPlan" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingIncomeAbstract" xlink:to="loc_sidActuarialPensionPlan" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UpdatedSharesFairValueThroughProfitOrLossOne" xlink:label="loc_sidUpdatedSharesFairValueThroughProfitOrLossOne" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingIncomeAbstract" xlink:to="loc_sidUpdatedSharesFairValueThroughProfitOrLossOne" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ContractualAgreement" xlink:label="loc_sidContractualAgreement" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingIncomeAbstract" xlink:to="loc_sidContractualAgreement" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherRevenues" xlink:label="loc_sidOtherRevenues" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingIncomeAbstract" xlink:to="loc_sidOtherRevenues" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiscellaneousOtherOperatingIncome" xlink:label="loc_ifrs-fullMiscellaneousOtherOperatingIncome" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingIncomeAbstract" xlink:to="loc_ifrs-fullMiscellaneousOtherOperatingIncome" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingExpenseAbstract" xlink:label="loc_sidOtherOperatingExpenseAbstract" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingInconeAndExpensesAbstarct" xlink:to="loc_sidOtherOperatingExpenseAbstract" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TaxesAndFees" xlink:label="loc_sidTaxesAndFees" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingExpenseAbstract" xlink:to="loc_sidTaxesAndFees" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpensesWithEnvironmentalLiabilitiesNet" xlink:label="loc_sidExpensesWithEnvironmentalLiabilitiesNet" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingExpenseAbstract" xlink:to="loc_sidExpensesWithEnvironmentalLiabilitiesNet" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_WriteoffprovisionOfJudicialDeposits" xlink:label="loc_sidWriteoffprovisionOfJudicialDeposits" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingExpenseAbstract" xlink:to="loc_sidWriteoffprovisionOfJudicialDeposits" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ContractualFinesOne" xlink:label="loc_sidContractualFinesOne" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingExpenseAbstract" xlink:to="loc_sidContractualFinesOne" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22" xlink:label="loc_sidDepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingExpenseAbstract" xlink:to="loc_sidDepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_WriteOffOfPpeAndIntangibleAssets" xlink:label="loc_sidWriteOffOfPpeAndIntangibleAssets" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingExpenseAbstract" xlink:to="loc_sidWriteOffOfPpeAndIntangibleAssets" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EstimatedLossreversalInInventories" xlink:label="loc_sidEstimatedLossreversalInInventories" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingExpenseAbstract" xlink:to="loc_sidEstimatedLossreversalInInventories" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IdlenessInStocksAndParalyzedEquipment" xlink:label="loc_sidIdlenessInStocksAndParalyzedEquipment" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingExpenseAbstract" xlink:to="loc_sidIdlenessInStocksAndParalyzedEquipment" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_StudiesAndProjectEngineeringExpenses" xlink:label="loc_sidStudiesAndProjectEngineeringExpenses" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingExpenseAbstract" xlink:to="loc_sidStudiesAndProjectEngineeringExpenses" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ResearchAndDevelopmentExpenses" xlink:label="loc_sidResearchAndDevelopmentExpenses" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingExpenseAbstract" xlink:to="loc_sidResearchAndDevelopmentExpenses" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_HealthcarePlanExpenses" xlink:label="loc_sidHealthcarePlanExpenses" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingExpenseAbstract" xlink:to="loc_sidHealthcarePlanExpenses" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowHedgeRealized" xlink:label="loc_sidCashFlowHedgeRealized" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingExpenseAbstract" xlink:to="loc_sidCashFlowHedgeRealized" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UpdatedSharesFairValueThroughProfitOrLoss" xlink:label="loc_sidUpdatedSharesFairValueThroughProfitOrLoss" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingExpenseAbstract" xlink:to="loc_sidUpdatedSharesFairValueThroughProfitOrLoss" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherExpensesOne" xlink:label="loc_sidOtherExpensesOne" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingExpenseAbstract" xlink:to="loc_sidOtherExpensesOne" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MiscellaneousOtherOperatingExpense" xlink:label="loc_ifrs-fullMiscellaneousOtherOperatingExpense" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingExpenseAbstract" xlink:to="loc_ifrs-fullMiscellaneousOtherOperatingExpense" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingIncomeExpense1" xlink:label="loc_sidOtherOperatingIncomeExpense1" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingInconeAndExpensesAbstarct" xlink:to="loc_sidOtherOperatingIncomeExpense1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/OtherOperatingIncomeAndExpensesDetailsNarrative" xlink:title="00000171 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingInconeAndExpensesAbstarct" xlink:label="loc_sidOtherOperatingInconeAndExpensesAbstarct" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReceivablesByIndemnity" xlink:label="loc_sidReceivablesByIndemnity" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingInconeAndExpensesAbstarct" xlink:to="loc_sidReceivablesByIndemnity" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RentArrears" xlink:label="loc_sidRentArrears" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingInconeAndExpensesAbstarct" xlink:to="loc_sidRentArrears" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CollectionOfInsuranceForMaterialDamage" xlink:label="loc_sidCollectionOfInsuranceForMaterialDamage" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingInconeAndExpensesAbstarct" xlink:to="loc_sidCollectionOfInsuranceForMaterialDamage" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PrincipalAmountReceivablesForIndemnity" xlink:label="loc_sidPrincipalAmountReceivablesForIndemnity" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingInconeAndExpensesAbstarct" xlink:to="loc_sidPrincipalAmountReceivablesForIndemnity" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingExpenses" xlink:label="loc_sidOtherOperatingExpenses" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingInconeAndExpensesAbstarct" xlink:to="loc_sidOtherOperatingExpenses" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowHedgeOfPlattsIndex" xlink:label="loc_sidCashFlowHedgeOfPlattsIndex" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingInconeAndExpensesAbstarct" xlink:to="loc_sidCashFlowHedgeOfPlattsIndex" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CashFlowHedgeRealised" xlink:label="loc_sidCashFlowHedgeRealised" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOtherOperatingInconeAndExpensesAbstarct" xlink:to="loc_sidCashFlowHedgeRealised" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialIncomeExpensesDetails" xlink:title="00000172 - Disclosure - 28. FINANCIAL INCOME (EXPENSES) (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfFinancialIncomeExpensesAbstract" xlink:label="loc_sidDisclosureOfFinancialIncomeExpensesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinanceIncomeAbstract" xlink:label="loc_sidFinanceIncomeAbstract" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfFinancialIncomeExpensesAbstract" xlink:to="loc_sidFinanceIncomeAbstract" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RelatedParties" xlink:label="loc_sidRelatedParties" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinanceIncomeAbstract" xlink:to="loc_sidRelatedParties" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeFromFinancialInvestments" xlink:label="loc_sidIncomeFromFinancialInvestments" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinanceIncomeAbstract" xlink:to="loc_sidIncomeFromFinancialInvestments" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UpdatedSharesFairValueThroughProfitOrLos" xlink:label="loc_sidUpdatedSharesFairValueThroughProfitOrLos" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinanceIncomeAbstract" xlink:to="loc_sidUpdatedSharesFairValueThroughProfitOrLos" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherIncome" xlink:label="loc_ifrs-fullOtherIncome" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinanceIncomeAbstract" xlink:to="loc_ifrs-fullOtherIncome" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_FinanceIncome" xlink:label="loc_ifrs-fullFinanceIncome" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinanceIncomeAbstract" xlink:to="loc_ifrs-fullFinanceIncome" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinanceCostsAbstract" xlink:label="loc_sidFinanceCostsAbstract" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfFinancialIncomeExpensesAbstract" xlink:to="loc_sidFinanceCostsAbstract" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingForeignCurrency" xlink:label="loc_sidBorrowingsAndFinancingForeignCurrency" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinanceCostsAbstract" xlink:to="loc_sidBorrowingsAndFinancingForeignCurrency" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BorrowingsAndFinancingLocalCurrency" xlink:label="loc_sidBorrowingsAndFinancingLocalCurrency" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinanceCostsAbstract" xlink:to="loc_sidBorrowingsAndFinancingLocalCurrency" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RelatedPartiesOne" xlink:label="loc_sidRelatedPartiesOne" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinanceCostsAbstract" xlink:to="loc_sidRelatedPartiesOne" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Leases" xlink:label="loc_sidLeases" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinanceCostsAbstract" xlink:to="loc_sidLeases" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalizedInterest" xlink:label="loc_sidCapitalizedInterest" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinanceCostsAbstract" xlink:to="loc_sidCapitalizedInterest" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InterestFinesAndLatePaymentCharges" xlink:label="loc_sidInterestFinesAndLatePaymentCharges" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinanceCostsAbstract" xlink:to="loc_sidInterestFinesAndLatePaymentCharges" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentPresentValueOfTradePayables" xlink:label="loc_sidAdjustmentPresentValueOfTradePayables" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinanceCostsAbstract" xlink:to="loc_sidAdjustmentPresentValueOfTradePayables" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CommissionAndBankFees" xlink:label="loc_sidCommissionAndBankFees" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinanceCostsAbstract" xlink:to="loc_sidCommissionAndBankFees" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PiscofinsOverFinancialIncome" xlink:label="loc_sidPiscofinsOverFinancialIncome" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinanceCostsAbstract" xlink:to="loc_sidPiscofinsOverFinancialIncome" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherFinancialExpenses" xlink:label="loc_sidOtherFinancialExpenses" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinanceCostsAbstract" xlink:to="loc_sidOtherFinancialExpenses" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinanceCosts1" xlink:label="loc_sidFinanceCosts1" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinanceCostsAbstract" xlink:to="loc_sidFinanceCosts1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersFinancialItemsNetAbstract" xlink:label="loc_sidOthersFinancialItemsNetAbstract" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidFinanceCostsAbstract" xlink:to="loc_sidOthersFinancialItemsNetAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ForeignExchangeAndMonetaryVariationNet" xlink:label="loc_sidForeignExchangeAndMonetaryVariationNet" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOthersFinancialItemsNetAbstract" xlink:to="loc_sidForeignExchangeAndMonetaryVariationNet" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives" xlink:label="loc_ifrs-fullGainsLossesOnChangeInFairValueOfDerivatives" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOthersFinancialItemsNetAbstract" xlink:to="loc_ifrs-fullGainsLossesOnChangeInFairValueOfDerivatives" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersFinancial" xlink:label="loc_sidOthersFinancial" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOthersFinancialItemsNetAbstract" xlink:to="loc_sidOthersFinancial" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialIncomeExpenses" xlink:label="loc_sidFinancialIncomeExpenses" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOthersFinancialItemsNetAbstract" xlink:to="loc_sidFinancialIncomeExpenses" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FinancialIncomeExpensesNet" xlink:label="loc_sidFinancialIncomeExpensesNet" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidOthersFinancialItemsNetAbstract" xlink:to="loc_sidFinancialIncomeExpensesNet" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_StatementOfGainsAndLossesOnDerivativeTransactionsAbstract" xlink:label="loc_sidStatementOfGainsAndLossesOnDerivativeTransactionsAbstract" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfFinancialIncomeExpensesAbstract" xlink:to="loc_sidStatementOfGainsAndLossesOnDerivativeTransactionsAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DollarToEuroSwap" xlink:label="loc_sidDollarToEuroSwap" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidStatementOfGainsAndLossesOnDerivativeTransactionsAbstract" xlink:to="loc_sidDollarToEuroSwap" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExchangeRateSwapGbpEuro" xlink:label="loc_sidExchangeRateSwapGbpEuro" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidStatementOfGainsAndLossesOnDerivativeTransactionsAbstract" xlink:to="loc_sidExchangeRateSwapGbpEuro" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CdiXDollarSwap" xlink:label="loc_sidCdiXDollarSwap" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidStatementOfGainsAndLossesOnDerivativeTransactionsAbstract" xlink:to="loc_sidCdiXDollarSwap" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalFutureDi" xlink:label="loc_sidTotalFutureDi" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidStatementOfGainsAndLossesOnDerivativeTransactionsAbstract" xlink:to="loc_sidTotalFutureDi" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/FinancialIncomeExpensesDetailsNarrative" xlink:title="00000173 - Disclosure - 28. FINANCIAL INCOME (EXPENSES) (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfFinancialIncomeExpensesAbstract" xlink:label="loc_sidDisclosureOfFinancialIncomeExpensesAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_UpdatedSharesFairValueThroughProfitOrLos" xlink:label="loc_sidUpdatedSharesFairValueThroughProfitOrLos" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfFinancialIncomeExpensesAbstract" xlink:to="loc_sidUpdatedSharesFairValueThroughProfitOrLos" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecognitionOfExclusionOfIcmsInPisAndCofins" xlink:label="loc_sidRecognitionOfExclusionOfIcmsInPisAndCofins" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfFinancialIncomeExpensesAbstract" xlink:to="loc_sidRecognitionOfExclusionOfIcmsInPisAndCofins" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ReceivablesForIndemnity" xlink:label="loc_sidReceivablesForIndemnity" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfFinancialIncomeExpensesAbstract" xlink:to="loc_sidReceivablesForIndemnity" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/SegmentInformationDetails" xlink:title="00000174 - Disclosure - 29. SEGMENT INFORMATION (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfOperatingSegmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:label="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" xlink:to="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SegmentsAxis" xlink:label="loc_ifrs-fullSegmentsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" xlink:to="loc_ifrs-fullSegmentsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SegmentsMember" xlink:label="loc_ifrs-fullSegmentsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSegmentsAxis" xlink:to="loc_ifrs-fullSegmentsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SteelMember" xlink:label="loc_sidSteelMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSegmentsMember" xlink:to="loc_sidSteelMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MiningMember" xlink:label="loc_sidMiningMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSegmentsMember" xlink:to="loc_sidMiningMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LogisticsMember" xlink:label="loc_sidLogisticsMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSegmentsMember" xlink:to="loc_sidLogisticsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EnergyMember" xlink:label="loc_sidEnergyMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSegmentsMember" xlink:to="loc_sidEnergyMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CementMember" xlink:label="loc_sidCementMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSegmentsMember" xlink:to="loc_sidCementMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EliminationOfIntersegmentAmountsMember" xlink:label="loc_ifrs-fullEliminationOfIntersegmentAmountsMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSegmentsMember" xlink:to="loc_ifrs-fullEliminationOfIntersegmentAmountsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Subsegments1Axis" xlink:label="loc_sidSubsegments1Axis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" xlink:to="loc_sidSubsegments1Axis" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_Subsegments1Domain" xlink:label="loc_sidSubsegments1Domain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidSubsegments1Axis" xlink:to="loc_sidSubsegments1Domain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PortMember" xlink:label="loc_sidPortMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidSubsegments1Domain" xlink:to="loc_sidPortMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RailroadsMember" xlink:label="loc_sidRailroadsMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidSubsegments1Domain" xlink:to="loc_sidRailroadsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasAxis" xlink:label="loc_ifrs-fullGeographicalAreasAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" xlink:to="loc_ifrs-fullGeographicalAreasAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeographicalAreasMember" xlink:label="loc_ifrs-fullGeographicalAreasMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullGeographicalAreasAxis" xlink:to="loc_ifrs-fullGeographicalAreasMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DomesticMarketMember" xlink:label="loc_sidDomesticMarketMember" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_sidDomesticMarketMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ForeignMarketMember" xlink:label="loc_sidForeignMarketMember" />
      <link:presentationArc order="490" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_sidForeignMarketMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_AsiaMember" xlink:label="loc_srtAsiaMember" />
      <link:presentationArc order="620" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_srtAsiaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_NorthAmericaMember" xlink:label="loc_srtNorthAmericaMember" />
      <link:presentationArc order="740" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_srtNorthAmericaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_LatinAmericaMember" xlink:label="loc_srtLatinAmericaMember" />
      <link:presentationArc order="800" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_srtLatinAmericaMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_EuropeMember" xlink:label="loc_srtEuropeMember" />
      <link:presentationArc order="870" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_srtEuropeMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersMember" xlink:label="loc_sidOthersMember" />
      <link:presentationArc order="960" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullGeographicalAreasMember" xlink:to="loc_sidOthersMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Revenue" xlink:label="loc_ifrs-fullRevenue" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_ifrs-fullRevenue" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CostOfSales" xlink:label="loc_ifrs-fullCostOfSales" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_ifrs-fullCostOfSales" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GrossProfit" xlink:label="loc_ifrs-fullGrossProfit" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_ifrs-fullGrossProfit" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GeneralAndAdministrativeExpense" xlink:label="loc_ifrs-fullGeneralAndAdministrativeExpense" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_ifrs-fullGeneralAndAdministrativeExpense" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OtherOperatingIncomeExpensesNet" xlink:label="loc_sidOtherOperatingIncomeExpensesNet" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_sidOtherOperatingIncomeExpensesNet" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EquityInResultsOfAffiliatedCompanies" xlink:label="loc_sidEquityInResultsOfAffiliatedCompanies" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_sidEquityInResultsOfAffiliatedCompanies" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProfitLossFromOperatingActivities" xlink:label="loc_ifrs-fullProfitLossFromOperatingActivities" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_ifrs-fullProfitLossFromOperatingActivities" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/SegmentInformationDetailsNarrative" xlink:title="00000175 - Disclosure - 29. SEGMENT INFORMATION (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsAbstract" xlink:label="loc_ifrs-fullDisclosureOfOperatingSegmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsTable" xlink:label="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsAbstract" xlink:to="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:label="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" xlink:to="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInAssociatesAxis" xlink:label="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForAssociatesMember" xlink:label="loc_ifrs-fullEntitysTotalForAssociatesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSignificantInvestmentsInAssociatesAxis" xlink:to="loc_ifrs-fullEntitysTotalForAssociatesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MineriosNacionalMember" xlink:label="loc_sidMineriosNacionalMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForAssociatesMember" xlink:to="loc_sidMineriosNacionalMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SegmentsAxis" xlink:label="loc_ifrs-fullSegmentsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsTable" xlink:to="loc_ifrs-fullSegmentsAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SegmentsMember" xlink:label="loc_ifrs-fullSegmentsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSegmentsAxis" xlink:to="loc_ifrs-fullSegmentsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EnergyMember" xlink:label="loc_sidEnergyMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSegmentsMember" xlink:to="loc_sidEnergyMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PercentageOfVotingEquityInterestsAcquired" xlink:label="loc_ifrs-fullPercentageOfVotingEquityInterestsAcquired" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_ifrs-fullPercentageOfVotingEquityInterestsAcquired" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfAssets" xlink:label="loc_sidDescriptionOfAssets" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfOperatingSegmentsLineItems" xlink:to="loc_sidDescriptionOfAssets" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails" xlink:title="00000176 - Disclosure - 30. EMPLOYEE BENEFITS (Details)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PostEmploymentHealthcareBenefitsMember" xlink:label="loc_sidPostEmploymentHealthcareBenefitsMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPostEmploymentHealthcareBenefitsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssetsOfBenefitPlan" xlink:label="loc_ifrs-fullAssetsOfBenefitPlan" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullAssetsOfBenefitPlan" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LiabilitiesOfBenefitPlan" xlink:label="loc_sidLiabilitiesOfBenefitPlan" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidLiabilitiesOfBenefitPlan" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails1" xlink:title="00000177 - Disclosure - 30. EMPLOYEE BENEFITS (Details 1)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:label="loc_ifrs-fullDefinedBenefitObligationAtPresentValue" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDefinedBenefitObligationAtPresentValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PlanAssetsAtFairValue1" xlink:label="loc_sidPlanAssetsAtFairValue1" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidPlanAssetsAtFairValue1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SurplusDeficitInPlan" xlink:label="loc_ifrs-fullSurplusDeficitInPlan" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullSurplusDeficitInPlan" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedTotalLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RestrictionToActuarialAssetsDueToRecoveryLimitation" xlink:label="loc_sidRestrictionToActuarialAssetsDueToRecoveryLimitation" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidRestrictionToActuarialAssetsDueToRecoveryLimitation" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:label="loc_ifrs-fullLiabilityAssetOfDefinedBenefitPlans" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullLiabilityAssetOfDefinedBenefitPlans" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LiabilitiesOfBenefitPlan" xlink:label="loc_sidLiabilitiesOfBenefitPlan" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidLiabilitiesOfBenefitPlan" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AssetsOfBenefitPlan" xlink:label="loc_ifrs-fullAssetsOfBenefitPlan" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullAssetsOfBenefitPlan" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LiabilityAssetOfDefinedBenefitPlans" xlink:label="loc_ifrs-fullLiabilityAssetOfDefinedBenefitPlans_2" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullLiabilityAssetOfDefinedBenefitPlans_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails2" xlink:title="00000178 - Disclosure - 30. EMPLOYEE BENEFITS (Details 2)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PresentValueOfObligationAbstract" xlink:label="loc_sidPresentValueOfObligationAbstract" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidPresentValueOfObligationAbstract" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:label="loc_ifrs-fullDefinedBenefitObligationAtPresentValue" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentValueOfObligationAbstract" xlink:to="loc_ifrs-fullDefinedBenefitObligationAtPresentValue" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullCurrentServiceCostNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentValueOfObligationAbstract" xlink:to="loc_ifrs-fullCurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullInterestExpenseIncomeNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentValueOfObligationAbstract" xlink:to="loc_ifrs-fullInterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ContributionsToPlanNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullContributionsToPlanNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentValueOfObligationAbstract" xlink:to="loc_ifrs-fullContributionsToPlanNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BenefitsPaidOrPayable" xlink:label="loc_ifrs-fullBenefitsPaidOrPayable" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentValueOfObligationAbstract" xlink:to="loc_ifrs-fullBenefitsPaidOrPayable" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialLossgain" xlink:label="loc_sidActuarialLossgain" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentValueOfObligationAbstract" xlink:to="loc_sidActuarialLossgain" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:label="loc_ifrs-fullDefinedBenefitObligationAtPresentValue_2" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPresentValueOfObligationAbstract" xlink:to="loc_ifrs-fullDefinedBenefitObligationAtPresentValue_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails3" xlink:title="00000179 - Disclosure - 30. EMPLOYEE BENEFITS (Details 3)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PlanAssetsAtFairValue" xlink:label="loc_ifrs-fullPlanAssetsAtFairValue" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullPlanAssetsAtFairValue" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InterestIncomeNetDefinedBenefitLiabilityAsset" xlink:label="loc_sidInterestIncomeNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidInterestIncomeNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BenefitsPaidOrPayable" xlink:label="loc_ifrs-fullBenefitsPaidOrPayable" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullBenefitsPaidOrPayable" xlink:type="arc" preferredLabel="http://www.xbrl.org/2009/role/negatedLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PlanAssetsAtFairValue" xlink:label="loc_ifrs-fullPlanAssetsAtFairValue_2" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullPlanAssetsAtFairValue_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails4" xlink:title="00000180 - Disclosure - 30. EMPLOYEE BENEFITS (Details 4)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullCurrentServiceCostNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullCurrentServiceCostNetDefinedBenefitLiabilityAsset" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullInterestExpenseIncomeNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullInterestExpenseIncomeNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:label="loc_sidExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" xlink:label="loc_ifrs-fullGainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullGainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncomeExpenseFromDefinedBenefitObligation" xlink:label="loc_sidIncomeExpenseFromDefinedBenefitObligation" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidIncomeExpenseFromDefinedBenefitObligation" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails5" xlink:title="00000181 - Disclosure - 30. EMPLOYEE BENEFITS (Details 5)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CategoriesOfRelatedPartiesAxis" xlink:label="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForRelatedPartiesMember" xlink:label="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullCategoriesOfRelatedPartiesAxis" xlink:to="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForRelatedPartiesMember" xlink:to="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset" xlink:label="loc_sidChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset" xlink:label="loc_sidTotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidTotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecognisedGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:label="loc_sidRecognisedGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidRecognisedGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialLossesAndGainsUnrecognizedInOtherComprehensiveIncome" xlink:label="loc_sidActuarialLossesAndGainsUnrecognizedInOtherComprehensiveIncome" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidActuarialLossesAndGainsUnrecognizedInOtherComprehensiveIncome" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails6" xlink:title="00000182 - Disclosure - 30. EMPLOYEE BENEFITS (Details 6)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset" xlink:label="loc_sidChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails7" xlink:title="00000183 - Disclosure - 30. EMPLOYEE BENEFITS (Details 7)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfActuarialFinancingMethod" xlink:label="loc_sidDescriptionOfActuarialFinancingMethod" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidDescriptionOfActuarialFinancingMethod" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DescriptionOfFunctionalCurrency" xlink:label="loc_ifrs-fullDescriptionOfFunctionalCurrency" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDescriptionOfFunctionalCurrency" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfRecognitionOfPlanAssets" xlink:label="loc_sidDescriptionOfRecognitionOfPlanAssets" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidDescriptionOfRecognitionOfPlanAssets" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssumptionOfNominalDiscountRates" xlink:label="loc_sidActuarialAssumptionOfNominalDiscountRates" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidActuarialAssumptionOfNominalDiscountRates" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" xlink:label="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfInflation" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfInflation" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:label="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfSalaryIncreases" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases" xlink:label="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfPensionIncreases" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfPensionIncreases" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssumptionOfRateOfReturnsOnInvestments" xlink:label="loc_sidActuarialAssumptionOfRateOfReturnsOnInvestments" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidActuarialAssumptionOfRateOfReturnsOnInvestments" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GeneralMortalityTableDescription" xlink:label="loc_sidGeneralMortalityTableDescription" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidGeneralMortalityTableDescription" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisabilityTableDescription" xlink:label="loc_sidDisabilityTableDescription" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidDisabilityTableDescription" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisabilityMortalityTableDescription" xlink:label="loc_sidDisabilityMortalityTableDescription" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidDisabilityMortalityTableDescription" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TurnoverTableDescription" xlink:label="loc_sidTurnoverTableDescription" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidTurnoverTableDescription" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfRetirementAge" xlink:label="loc_sidDescriptionOfRetirementAge" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidDescriptionOfRetirementAge" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfHouseholdOfActiveParticipants" xlink:label="loc_sidDescriptionOfHouseholdOfActiveParticipants" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_sidDescriptionOfHouseholdOfActiveParticipants" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails8" xlink:title="00000184 - Disclosure - 30. EMPLOYEE BENEFITS (Details 8)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember" xlink:label="loc_sidPlanCoveringThirtyFivePercentOfTheAverageSalaryMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPlanCoveringThirtyFivePercentOfTheAverageSalaryMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageSalarySupplementationPlanMember" xlink:label="loc_sidAverageSalarySupplementationPlanMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidAverageSalarySupplementationPlanMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MixedSupplementaryBenefitPlanMember" xlink:label="loc_sidMixedSupplementaryBenefitPlanMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidMixedSupplementaryBenefitPlanMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ParticipantsAxis" xlink:label="loc_sidParticipantsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_sidParticipantsAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ParticipantsDomain" xlink:label="loc_sidParticipantsDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidParticipantsAxis" xlink:to="loc_sidParticipantsDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MaleMember" xlink:label="loc_sidMaleMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidParticipantsDomain" xlink:to="loc_sidMaleMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FemaleMember" xlink:label="loc_sidFemaleMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidParticipantsDomain" xlink:to="loc_sidFemaleMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive" xlink:label="loc_sidAverageLifeExpectancyOfEmployeesThatAreSixtyFive" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidAverageLifeExpectancyOfEmployeesThatAreSixtyFive" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageLifeExpectancyOfEmployeesThatAreForty" xlink:label="loc_sidAverageLifeExpectancyOfEmployeesThatAreForty" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidAverageLifeExpectancyOfEmployeesThatAreForty" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails9" xlink:title="00000185 - Disclosure - 30. EMPLOYEE BENEFITS (Details 9)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis" xlink:label="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanByPlanAssetsCategoriesDomain" xlink:label="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesAxis" xlink:to="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_VariableIncomeMember" xlink:label="loc_sidVariableIncomeMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesDomain" xlink:to="loc_sidVariableIncomeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FixedIncomeMember" xlink:label="loc_sidFixedIncomeMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesDomain" xlink:to="loc_sidFixedIncomeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RealEstatesMember" xlink:label="loc_sidRealEstatesMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesDomain" xlink:to="loc_sidRealEstatesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OthersPlanAssetsMember" xlink:label="loc_sidOthersPlanAssetsMember" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDefinedBenefitPlanByPlanAssetsCategoriesDomain" xlink:to="loc_sidOthersPlanAssetsMember" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_PlanAssetsAtFairValue" xlink:label="loc_ifrs-fullPlanAssetsAtFairValue" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullPlanAssetsAtFairValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PlanAssetsPercentage" xlink:label="loc_sidPlanAssetsPercentage" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidPlanAssetsPercentage" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails10" xlink:title="00000186 - Disclosure - 30. EMPLOYEE BENEFITS (Details 10)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember" xlink:label="loc_sidPlanCoveringThirtyFivePercentOfTheAverageSalaryMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPlanCoveringThirtyFivePercentOfTheAverageSalaryMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageSalarySupplementationPlanMember" xlink:label="loc_sidAverageSalarySupplementationPlanMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidAverageSalarySupplementationPlanMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MixedSupplementaryBenefitPlanMember" xlink:label="loc_sidMixedSupplementaryBenefitPlanMember" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidMixedSupplementaryBenefitPlanMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleActuarialAssumptionAxis" xlink:label="loc_sidPossibleActuarialAssumptionAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_sidPossibleActuarialAssumptionAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleActuarialAssumptionDomain" xlink:label="loc_sidPossibleActuarialAssumptionDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPossibleActuarialAssumptionAxis" xlink:to="loc_sidPossibleActuarialAssumptionDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleIncreaseInActuarialAssumptionMember" xlink:label="loc_sidPossibleIncreaseInActuarialAssumptionMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPossibleActuarialAssumptionDomain" xlink:to="loc_sidPossibleIncreaseInActuarialAssumptionMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleDecreaseInActuarialAssumptionMember" xlink:label="loc_sidPossibleDecreaseInActuarialAssumptionMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPossibleActuarialAssumptionDomain" xlink:to="loc_sidPossibleDecreaseInActuarialAssumptionMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionsAxis" xlink:label="loc_ifrs-fullActuarialAssumptionsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullActuarialAssumptionsAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionsMember" xlink:label="loc_ifrs-fullActuarialAssumptionsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullActuarialAssumptionsAxis" xlink:to="loc_ifrs-fullActuarialAssumptionsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xlink:label="loc_ifrs-fullActuarialAssumptionOfDiscountRatesMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullActuarialAssumptionsMember" xlink:to="loc_ifrs-fullActuarialAssumptionOfDiscountRatesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" xlink:label="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullActuarialAssumptionsMember" xlink:to="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfMortalityRatesMember" xlink:label="loc_ifrs-fullActuarialAssumptionOfMortalityRatesMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullActuarialAssumptionsMember" xlink:to="loc_ifrs-fullActuarialAssumptionOfMortalityRatesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" xlink:label="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullActuarialAssumptionsMember" xlink:to="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityLevel" xlink:label="loc_sidSensitivityLevel" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidSensitivityLevel" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityLevelYear" xlink:label="loc_sidSensitivityLevelYear" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidSensitivityLevelYear" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations" xlink:label="loc_sidEffectOnCurrentServiceCostAndOnInterestOnActuarialObligations" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidEffectOnCurrentServiceCostAndOnInterestOnActuarialObligations" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOnPresentValueOfObligations" xlink:label="loc_sidEffectOnPresentValueOfObligations" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidEffectOnPresentValueOfObligations" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails11" xlink:title="00000187 - Disclosure - 30. EMPLOYEE BENEFITS (Details 11)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_ifrs-fullDefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearThree" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearThree" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearFour" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearFour" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearFive" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearFive" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPayments" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPayments" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPayments" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails12" xlink:title="00000188 - Disclosure - 30. EMPLOYEE BENEFITS (Details 12)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PostEmploymentHealthcareBenefitsMember" xlink:label="loc_sidPostEmploymentHealthcareBenefitsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPostEmploymentHealthcareBenefitsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitObligationAtPresentValue" xlink:label="loc_ifrs-fullDefinedBenefitObligationAtPresentValue" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullDefinedBenefitObligationAtPresentValue" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LiabilitiesOfBenefitPlan" xlink:label="loc_sidLiabilitiesOfBenefitPlan" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidLiabilitiesOfBenefitPlan" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails13" xlink:title="00000189 - Disclosure - 30. EMPLOYEE BENEFITS (Details 13)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PostEmploymentHealthcareBenefitsMember" xlink:label="loc_sidPostEmploymentHealthcareBenefitsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPostEmploymentHealthcareBenefitsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LiabilitiesOfBenefitPlan" xlink:label="loc_sidLiabilitiesOfBenefitPlan" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidLiabilitiesOfBenefitPlan" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodStartLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExpensesRecognizedInIncomeNetDefinedBenefitLiability" xlink:label="loc_sidExpensesRecognizedInIncomeNetDefinedBenefitLiability" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidExpensesRecognizedInIncomeNetDefinedBenefitLiability" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability" xlink:label="loc_sidSponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidSponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RecognitionOfLossGainNetDefinedBenefitLiability" xlink:label="loc_sidRecognitionOfLossGainNetDefinedBenefitLiability" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidRecognitionOfLossGainNetDefinedBenefitLiability" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LiabilitiesOfBenefitPlan" xlink:label="loc_sidLiabilitiesOfBenefitPlan_2" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidLiabilitiesOfBenefitPlan_2" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/periodEndLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails14" xlink:title="00000190 - Disclosure - 30. EMPLOYEE BENEFITS (Details 14)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PostEmploymentHealthcareBenefitsMember" xlink:label="loc_sidPostEmploymentHealthcareBenefitsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPostEmploymentHealthcareBenefitsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullGainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails15" xlink:title="00000191 - Disclosure - 30. EMPLOYEE BENEFITS (Details 15)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PostEmploymentHealthcareBenefitsMember" xlink:label="loc_sidPostEmploymentHealthcareBenefitsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPostEmploymentHealthcareBenefitsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ParticipantsAxis" xlink:label="loc_sidParticipantsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_sidParticipantsAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ParticipantsDomain" xlink:label="loc_sidParticipantsDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidParticipantsAxis" xlink:to="loc_sidParticipantsDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MaleMember" xlink:label="loc_sidMaleMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidParticipantsDomain" xlink:to="loc_sidMaleMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_FemaleMember" xlink:label="loc_sidFemaleMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidParticipantsDomain" xlink:to="loc_sidFemaleMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageLifeExpectancyOfEmployees" xlink:label="loc_sidAverageLifeExpectancyOfEmployees" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidAverageLifeExpectancyOfEmployees" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageLifeExpectancyOfEmployeesThatAreForty" xlink:label="loc_sidAverageLifeExpectancyOfEmployeesThatAreForty" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidAverageLifeExpectancyOfEmployeesThatAreForty" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails16" xlink:title="00000192 - Disclosure - 30. EMPLOYEE BENEFITS (Details 16)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PostEmploymentHealthcareBenefitsMember" xlink:label="loc_sidPostEmploymentHealthcareBenefitsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPostEmploymentHealthcareBenefitsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_GeneralMortalityTableDescription" xlink:label="loc_sidGeneralMortalityTableDescription" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidGeneralMortalityTableDescription" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfDiscountRates" xlink:label="loc_ifrs-fullActuarialAssumptionOfDiscountRates" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullActuarialAssumptionOfDiscountRates" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation" xlink:label="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfInflation" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfInflation" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RealIncreaseInMedicalCostsBasedOnAgeAgingFactor" xlink:label="loc_sidRealIncreaseInMedicalCostsBasedOnAgeAgingFactor" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidRealIncreaseInMedicalCostsBasedOnAgeAgingFactor" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates" xlink:label="loc_ifrs-fullActuarialAssumptionOfMedicalCostTrendRates" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullActuarialAssumptionOfMedicalCostTrendRates" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageMedicalCost" xlink:label="loc_sidAverageMedicalCost" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidAverageMedicalCost" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails17" xlink:title="00000193 - Disclosure - 30. EMPLOYEE BENEFITS (Details 17)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_HealthcarePlanMember" xlink:label="loc_sidHealthcarePlanMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidHealthcarePlanMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleActuarialAssumptionAxis" xlink:label="loc_sidPossibleActuarialAssumptionAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_sidPossibleActuarialAssumptionAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleActuarialAssumptionDomain" xlink:label="loc_sidPossibleActuarialAssumptionDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPossibleActuarialAssumptionAxis" xlink:to="loc_sidPossibleActuarialAssumptionDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleIncreaseInActuarialAssumptionMember" xlink:label="loc_sidPossibleIncreaseInActuarialAssumptionMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPossibleActuarialAssumptionDomain" xlink:to="loc_sidPossibleIncreaseInActuarialAssumptionMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PossibleDecreaseInActuarialAssumptionMember" xlink:label="loc_sidPossibleDecreaseInActuarialAssumptionMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPossibleActuarialAssumptionDomain" xlink:to="loc_sidPossibleDecreaseInActuarialAssumptionMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssumptionOfMedicalInflationMember" xlink:label="loc_sidActuarialAssumptionOfMedicalInflationMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPossibleActuarialAssumptionDomain" xlink:to="loc_sidActuarialAssumptionOfMedicalInflationMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssumptionOfMortalityTableMember" xlink:label="loc_sidActuarialAssumptionOfMortalityTableMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidPossibleActuarialAssumptionDomain" xlink:to="loc_sidActuarialAssumptionOfMortalityTableMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionsAxis" xlink:label="loc_ifrs-fullActuarialAssumptionsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullActuarialAssumptionsAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionsMember" xlink:label="loc_ifrs-fullActuarialAssumptionsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullActuarialAssumptionsAxis" xlink:to="loc_ifrs-fullActuarialAssumptionsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfDiscountRatesMember" xlink:label="loc_ifrs-fullActuarialAssumptionOfDiscountRatesMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullActuarialAssumptionsMember" xlink:to="loc_ifrs-fullActuarialAssumptionOfDiscountRatesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssumptionOfMedicalInflationMember" xlink:label="loc_sidActuarialAssumptionOfMedicalInflationMember_2" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullActuarialAssumptionsMember" xlink:to="loc_sidActuarialAssumptionOfMedicalInflationMember_2" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ActuarialAssumptionOfMortalityTableMember" xlink:label="loc_sidActuarialAssumptionOfMortalityTableMember_2" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullActuarialAssumptionsMember" xlink:to="loc_sidActuarialAssumptionOfMortalityTableMember_2" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfMortalityRatesMember" xlink:label="loc_ifrs-fullActuarialAssumptionOfMortalityRatesMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullActuarialAssumptionsMember" xlink:to="loc_ifrs-fullActuarialAssumptionOfMortalityRatesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityLevel" xlink:label="loc_sidSensitivityLevel" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidSensitivityLevel" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SensitivityLevelYear" xlink:label="loc_sidSensitivityLevelYear" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidSensitivityLevelYear" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1" xlink:label="loc_sidEffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidEffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EffectOnPresentValueOfObligations1" xlink:label="loc_sidEffectOnPresentValueOfObligations1" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidEffectOnPresentValueOfObligations1" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetails18" xlink:title="00000194 - Disclosure - 30. EMPLOYEE BENEFITS (Details 18)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PostEmploymentHealthcareBenefitsMember" xlink:label="loc_sidPostEmploymentHealthcareBenefitsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPostEmploymentHealthcareBenefitsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearThree" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearThree" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearFour" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearFour" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearFive" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsYearFive" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanForecastFutureBenefitPayments" xlink:label="loc_sidDefinedBenefitPlanForecastFutureBenefitPayments" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDefinedBenefitPlanForecastFutureBenefitPayments" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/EmployeeBenefitsDetailsNarrative" xlink:title="00000195 - Disclosure - 30. EMPLOYEE BENEFITS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansAbstract" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansTable" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansAbstract" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfDefinedBenefitPlansLineItems" xlink:label="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansAxis" xlink:label="loc_ifrs-fullDefinedBenefitPlansAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullDefinedBenefitPlansAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DefinedBenefitPlansMember" xlink:label="loc_ifrs-fullDefinedBenefitPlansMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansAxis" xlink:to="loc_ifrs-fullDefinedBenefitPlansMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DefinedBenefitPlanMember" xlink:label="loc_sidDefinedBenefitPlanMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidDefinedBenefitPlanMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember" xlink:label="loc_sidPlanCoveringThirtyFivePercentOfTheAverageSalaryMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidPlanCoveringThirtyFivePercentOfTheAverageSalaryMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AverageSalarySupplementationPlanMember" xlink:label="loc_sidAverageSalarySupplementationPlanMember" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidAverageSalarySupplementationPlanMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MixedSupplementaryBenefitPlanMember" xlink:label="loc_sidMixedSupplementaryBenefitPlanMember" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDefinedBenefitPlansMember" xlink:to="loc_sidMixedSupplementaryBenefitPlanMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="loc_ifrs-fullMaturityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansTable" xlink:to="loc_ifrs-fullMaturityAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NotLaterThanOneYearMember" xlink:label="loc_ifrs-fullNotLaterThanOneYearMember" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullNotLaterThanOneYearMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NumberOfParticipantsOfRetirementBenefitPlanReceivingBenefits" xlink:label="loc_ifrs-fullNumberOfParticipantsOfRetirementBenefitPlanReceivingBenefits" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullNumberOfParticipantsOfRetirementBenefitPlanReceivingBenefits" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfSharesHeld" xlink:label="loc_sidNumberOfSharesHeld" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidNumberOfSharesHeld" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PlanAssetsValue" xlink:label="loc_sidPlanAssetsValue" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidPlanAssetsValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:label="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfSalaryIncreases" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullActuarialAssumptionOfExpectedRatesOfSalaryIncreases" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ParticipantsSalaryTerm" xlink:label="loc_sidParticipantsSalaryTerm" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidParticipantsSalaryTerm" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfBenefitReceivingInCash" xlink:label="loc_sidPercentageOfBenefitReceivingInCash" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidPercentageOfBenefitReceivingInCash" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PensionPlanExpense" xlink:label="loc_sidPensionPlanExpense" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidPensionPlanExpense" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan" xlink:label="loc_ifrs-fullEstimateOfContributionsExpectedToBePaidToPlan" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullEstimateOfContributionsExpectedToBePaidToPlan" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:label="loc_ifrs-fullContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_ifrs-fullContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfPensionFundMarket" xlink:label="loc_sidDescriptionOfPensionFundMarket" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDescriptionOfPensionFundMarket" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfInvestmentPolicy" xlink:label="loc_sidDescriptionOfInvestmentPolicy" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfDefinedBenefitPlansLineItems" xlink:to="loc_sidDescriptionOfInvestmentPolicy" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/CommitmentsDetails" xlink:title="00000196 - Disclosure - 31. COMMITMENTS (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfCommitmentsAbstract" xlink:label="loc_sidDisclosureOfCommitmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfCommitmentsTable" xlink:label="loc_sidDisclosureOfCommitmentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfCommitmentsAbstract" xlink:to="loc_sidDisclosureOfCommitmentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfCommitmentsLineItems" xlink:label="loc_sidDisclosureOfCommitmentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfCommitmentsTable" xlink:to="loc_sidDisclosureOfCommitmentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsAxis" xlink:label="loc_ifrs-fullTypesOfContractsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfCommitmentsTable" xlink:to="loc_ifrs-fullTypesOfContractsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsMember" xlink:label="loc_ifrs-fullTypesOfContractsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfContractsAxis" xlink:to="loc_ifrs-fullTypesOfContractsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember" xlink:label="loc_sidTransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidTransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember" xlink:label="loc_sidSupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidSupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember" xlink:label="loc_sidProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember" xlink:label="loc_sidManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_OilStorageAndHandlingMember" xlink:label="loc_sidOilStorageAndHandlingMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidOilStorageAndHandlingMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaborAndConsultancyServicesMember" xlink:label="loc_sidLaborAndConsultancyServicesMember" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidLaborAndConsultancyServicesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_MaturityAxis" xlink:label="loc_ifrs-fullMaturityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfCommitmentsTable" xlink:to="loc_ifrs-fullMaturityAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_AggregatedTimeBandsMember" xlink:label="loc_ifrs-fullAggregatedTimeBandsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullMaturityAxis" xlink:to="loc_ifrs-fullAggregatedTimeBandsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NotLaterThanOneYearMember" xlink:label="loc_ifrs-fullNotLaterThanOneYearMember" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullNotLaterThanOneYearMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:label="loc_ifrs-fullLaterThanOneYearAndNotLaterThanTwoYearsMember" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanOneYearAndNotLaterThanTwoYearsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:label="loc_ifrs-fullLaterThanTwoYearsAndNotLaterThanThreeYearsMember" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_ifrs-fullLaterThanTwoYearsAndNotLaterThanThreeYearsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_LaterThanFourYearsMember" xlink:label="loc_sidLaterThanFourYearsMember" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullAggregatedTimeBandsMember" xlink:to="loc_sidLaterThanFourYearsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CapitalCommitments" xlink:label="loc_ifrs-fullCapitalCommitments" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_ifrs-fullCapitalCommitments" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_MinimumFuturePaymentsOfTakeOrPayContracts" xlink:label="loc_sidMinimumFuturePaymentsOfTakeOrPayContracts" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_sidMinimumFuturePaymentsOfTakeOrPayContracts" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/CommitmentsDetailsNarrative" xlink:title="00000197 - Disclosure - 31. COMMITMENTS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfCommitmentsAbstract" xlink:label="loc_sidDisclosureOfCommitmentsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfCommitmentsTable" xlink:label="loc_sidDisclosureOfCommitmentsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfCommitmentsAbstract" xlink:to="loc_sidDisclosureOfCommitmentsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DisclosureOfCommitmentsLineItems" xlink:label="loc_sidDisclosureOfCommitmentsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfCommitmentsTable" xlink:to="loc_sidDisclosureOfCommitmentsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_LegalEntityAxis" xlink:label="loc_deiLegalEntityAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfCommitmentsTable" xlink:to="loc_deiLegalEntityAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd#dei_EntityDomain" xlink:label="loc_deiEntityDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiLegalEntityAxis" xlink:to="loc_deiEntityDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_TransnordestinaLogisticaSAMember" xlink:label="loc_sidTransnordestinaLogisticaSAMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiEntityDomain" xlink:to="loc_sidTransnordestinaLogisticaSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfProgressProjectPosts" xlink:label="loc_sidPercentageOfProgressProjectPosts" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_sidPercentageOfProgressProjectPosts" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ConsessionExpireYear" xlink:label="loc_sidConsessionExpireYear" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_sidConsessionExpireYear" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ApprovedConstructionInvestment" xlink:label="loc_sidApprovedConstructionInvestment" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_sidApprovedConstructionInvestment" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfCurrentlyApprovedBudget" xlink:label="loc_sidDescriptionOfCurrentlyApprovedBudget" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_sidDescriptionOfCurrentlyApprovedBudget" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ProposedAmount" xlink:label="loc_sidProposedAmount" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_sidProposedAmount" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfGuaranteesOfFinancingGranted" xlink:label="loc_sidDescriptionOfGuaranteesOfFinancingGranted" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_sidDescriptionOfGuaranteesOfFinancingGranted" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfDebentureConverted" xlink:label="loc_sidPercentageOfDebentureConverted" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidDisclosureOfCommitmentsLineItems" xlink:to="loc_sidPercentageOfDebentureConverted" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/InsuranceDetailsNarrative" xlink:title="00000198 - Disclosure - 32. INSURANCE (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTypesOfInsuranceContractsAbstract" xlink:label="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTypesOfInsuranceContractsTable" xlink:label="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsAbstract" xlink:to="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfTypesOfInsuranceContractsLineItems" xlink:label="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsTable" xlink:to="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisaggregationOfInsuranceContractsAxis" xlink:label="loc_ifrs-fullDisaggregationOfInsuranceContractsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsTable" xlink:to="loc_ifrs-fullDisaggregationOfInsuranceContractsAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisaggregationOfInsuranceContractsMember" xlink:label="loc_ifrs-fullDisaggregationOfInsuranceContractsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisaggregationOfInsuranceContractsAxis" xlink:to="loc_ifrs-fullDisaggregationOfInsuranceContractsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_InsuranceContractsIssuedMember" xlink:label="loc_ifrs-fullInsuranceContractsIssuedMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisaggregationOfInsuranceContractsMember" xlink:to="loc_ifrs-fullInsuranceContractsIssuedMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-fullRangeAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsTable" xlink:to="loc_ifrs-fullRangeAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="loc_ifrs-fullTopOfRangeMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullTopOfRangeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsTable" xlink:to="loc_srtCurrencyAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_USD" xlink:label="loc_currencyUSD" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyUSD" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IndemnityLimit" xlink:label="loc_sidIndemnityLimit" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsLineItems" xlink:to="loc_sidIndemnityLimit" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DeductibleMaterialDamages" xlink:label="loc_sidDeductibleMaterialDamages" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsLineItems" xlink:to="loc_sidDeductibleMaterialDamages" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DaysForLosOfProfits" xlink:label="loc_sidDaysForLosOfProfits" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfTypesOfInsuranceContractsLineItems" xlink:to="loc_sidDaysForLosOfProfits" xlink:type="arc" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/AdditionalInformationToCashFlowsDetails" xlink:title="00000199 - Disclosure - 33. ADDITIONAL INFORMATION TO CASH FLOWS (Details)">
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionalInformationToCashFlowsAbstract" xlink:label="loc_sidAdditionalInformationToCashFlowsAbstract" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdjustmentsForIncomeTaxAndSocialContributionPaid" xlink:label="loc_sidAdjustmentsForIncomeTaxAndSocialContributionPaid" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdditionalInformationToCashFlowsAbstract" xlink:to="loc_sidAdjustmentsForIncomeTaxAndSocialContributionPaid" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest" xlink:label="loc_sidAdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdditionalInformationToCashFlowsAbstract" xlink:to="loc_sidAdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_InitialAdoptionRightOfUse" xlink:label="loc_sidInitialAdoptionRightOfUse" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdditionalInformationToCashFlowsAbstract" xlink:to="loc_sidInitialAdoptionRightOfUse" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RemeasurementRightOfUse1" xlink:label="loc_sidRemeasurementRightOfUse1" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdditionalInformationToCashFlowsAbstract" xlink:to="loc_sidRemeasurementRightOfUse1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionToPpeWithoutAddingCash" xlink:label="loc_sidAdditionToPpeWithoutAddingCash" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdditionalInformationToCashFlowsAbstract" xlink:to="loc_sidAdditionToPpeWithoutAddingCash" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CapitalizationInSubsidiariesWithoutCash" xlink:label="loc_sidCapitalizationInSubsidiariesWithoutCash" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdditionalInformationToCashFlowsAbstract" xlink:to="loc_sidCapitalizationInSubsidiariesWithoutCash" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_AdditionToInvestmentPropertyWithoutCashEffect" xlink:label="loc_sidAdditionToInvestmentPropertyWithoutCashEffect" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdditionalInformationToCashFlowsAbstract" xlink:to="loc_sidAdditionToInvestmentPropertyWithoutCashEffect" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NetAdditionalCash" xlink:label="loc_sidNetAdditionalCash" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidAdditionalInformationToCashFlowsAbstract" xlink:to="loc_sidNetAdditionalCash" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/totalLabel" />
    </link:presentationLink>
    <link:presentationLink xlink:type="extended" xlink:role="http://csn.com.br/role/SubsequentEventsDetailsNarrative" xlink:title="00000200 - Disclosure - 34. SUBSEQUENT EVENTS (Details Narrative)">
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:label="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:label="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodAbstract" xlink:to="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" order="100" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:label="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" order="200" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NonadjustingEventsAfterReportingPeriodAxis" xlink:label="loc_ifrs-fullNonadjustingEventsAfterReportingPeriodAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="loc_ifrs-fullNonadjustingEventsAfterReportingPeriodAxis" order="10" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NonadjustingEventsMember" xlink:label="loc_ifrs-fullNonadjustingEventsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNonadjustingEventsAfterReportingPeriodAxis" xlink:to="loc_ifrs-fullNonadjustingEventsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_EventAfterReportingPeriodMember" xlink:label="loc_sidEventAfterReportingPeriodMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullNonadjustingEventsMember" xlink:to="loc_sidEventAfterReportingPeriodMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialInstrumentsAxis" xlink:label="loc_ifrs-fullClassesOfFinancialInstrumentsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="loc_ifrs-fullClassesOfFinancialInstrumentsAxis" order="20" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ClassesOfFinancialInstrumentsMember" xlink:label="loc_ifrs-fullClassesOfFinancialInstrumentsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfFinancialInstrumentsAxis" xlink:to="loc_ifrs-fullClassesOfFinancialInstrumentsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DebenturesMember" xlink:label="loc_sidDebenturesMember" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullClassesOfFinancialInstrumentsMember" xlink:to="loc_sidDebenturesMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsAxis" xlink:label="loc_ifrs-fullTypesOfContractsAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="loc_ifrs-fullTypesOfContractsAxis" order="30" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TypesOfContractsMember" xlink:label="loc_ifrs-fullTypesOfContractsMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfContractsAxis" xlink:to="loc_ifrs-fullTypesOfContractsMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NCEMember" xlink:label="loc_sidNCEMember" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidNCEMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ExportPrepaymentContractsMember" xlink:label="loc_sidExportPrepaymentContractsMember" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullTypesOfContractsMember" xlink:to="loc_sidExportPrepaymentContractsMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd#srt_CurrencyAxis" xlink:label="loc_srtCurrencyAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="loc_srtCurrencyAxis" order="40" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_AllCurrenciesDomain" xlink:label="loc_currencyAllCurrenciesDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_srtCurrencyAxis" xlink:to="loc_currencyAllCurrenciesDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd#currency_USD" xlink:label="loc_currencyUSD" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_currencyAllCurrenciesDomain" xlink:to="loc_currencyUSD" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_SignificantInvestmentsInSubsidiariesAxis" xlink:label="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" order="50" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_EntitysTotalForSubsidiariesMember" xlink:label="loc_ifrs-fullEntitysTotalForSubsidiariesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullSignificantInvestmentsInSubsidiariesAxis" xlink:to="loc_ifrs-fullEntitysTotalForSubsidiariesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_CSNMineracaoSAMember" xlink:label="loc_sidCSNMineracaoSAMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullEntitysTotalForSubsidiariesMember" xlink:to="loc_sidCSNMineracaoSAMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangeAxis" xlink:label="loc_ifrs-fullRangeAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="loc_ifrs-fullRangeAxis" order="60" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_RangesMember" xlink:label="loc_ifrs-fullRangesMember" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangeAxis" xlink:to="loc_ifrs-fullRangesMember" order="0" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_TopOfRangeMember" xlink:label="loc_ifrs-fullTopOfRangeMember" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullRangesMember" xlink:to="loc_ifrs-fullTopOfRangeMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SubsidiarySalesOfStockAxis" xlink:label="loc_sidSubsidiarySalesOfStockAxis" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodTable" xlink:to="loc_sidSubsidiarySalesOfStockAxis" order="70" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SubsidiarySalesOfStockDomain" xlink:label="loc_sidSubsidiarySalesOfStockDomain" />
      <link:presentationArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidSubsidiarySalesOfStockAxis" xlink:to="loc_sidSubsidiarySalesOfStockDomain" order="0" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PrimaryDistributionMember" xlink:label="loc_sidPrimaryDistributionMember" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidSubsidiarySalesOfStockDomain" xlink:to="loc_sidPrimaryDistributionMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_SecondaryDistributionMember" xlink:label="loc_sidSecondaryDistributionMember" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_sidSubsidiarySalesOfStockDomain" xlink:to="loc_sidSecondaryDistributionMember" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NumberOfSharesIssued" xlink:label="loc_ifrs-fullNumberOfSharesIssued" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_ifrs-fullNumberOfSharesIssued" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_NumberOfShareIssuedValue" xlink:label="loc_sidNumberOfShareIssuedValue" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidNumberOfShareIssuedValue" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CapitalReserve" xlink:label="loc_ifrs-fullCapitalReserve" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_ifrs-fullCapitalReserve" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ParValuePerShare" xlink:label="loc_ifrs-fullParValuePerShare" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_ifrs-fullParValuePerShare" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_IncreaseDecreaseInCapital" xlink:label="loc_sidIncreaseDecreaseInCapital" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidIncreaseDecreaseInCapital" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DescriptionOfDebtReprofiling" xlink:label="loc_sidDescriptionOfDebtReprofiling" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidDescriptionOfDebtReprofiling" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_ShareCapital" xlink:label="loc_sidShareCapital" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidShareCapital" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfAdditionalSharesHeldByCurrentShareholders" xlink:label="loc_sidPercentageOfAdditionalSharesHeldByCurrentShareholders" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidPercentageOfAdditionalSharesHeldByCurrentShareholders" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfAdditionalSharesHeldByMajorityShareholder" xlink:label="loc_sidPercentageOfAdditionalSharesHeldByMajorityShareholder" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidPercentageOfAdditionalSharesHeldByMajorityShareholder" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_RatioOfShareSplit" xlink:label="loc_sidRatioOfShareSplit" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidRatioOfShareSplit" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_Borrowings" xlink:label="loc_ifrs-fullBorrowings" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_ifrs-fullBorrowings" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" />
      <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BorrowingsMaturity" xlink:label="loc_ifrs-fullBorrowingsMaturity" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_ifrs-fullBorrowingsMaturity" xlink:type="arc" preferredLabel="http://www.xbrl.org/2003/role/verboseLabel" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DebtReprofiling" xlink:label="loc_sidDebtReprofiling" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidDebtReprofiling" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DebtMaturityYearPostponed" xlink:label="loc_sidDebtMaturityYearPostponed" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidDebtMaturityYearPostponed" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_DebtAmortized" xlink:label="loc_sidDebtAmortized" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidDebtAmortized" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BuyBackOfDebenturesShares" xlink:label="loc_sidBuyBackOfDebenturesShares" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidBuyBackOfDebenturesShares" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_BuyBackOfDebenturesValue" xlink:label="loc_sidBuyBackOfDebenturesValue" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidBuyBackOfDebenturesValue" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="sid-20201231.xsd#sid_PercentageOfBuyBackOfDebentures" xlink:label="loc_sidPercentageOfBuyBackOfDebentures" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_ifrs-fullDisclosureOfNonadjustingEventsAfterReportingPeriodLineItems" xlink:to="loc_sidPercentageOfBuyBackOfDebentures" xlink:type="arc" />
    </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>20
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026188225720">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2020 </div>
<div>shares</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">NATIONAL STEEL CO<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001049659<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">20-F<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Dec. 31,  2020<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CurrentFiscalYearEndDate', window );">Current Fiscal Year End Date</a></td>
<td class="text">--12-31<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">SID<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12gTitle', window );">Title of 12(g) Security</a></td>
<td class="text">Common Shares without Par Value<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityInteractiveDataCurrent', window );">Entity Interactive Data Current</a></td>
<td class="text">Yes<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">D5<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityWellKnownSeasonedIssuer', window );">Entity a Well-known Seasoned Issuer</a></td>
<td class="text">No<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityVoluntaryFilers', window );">Entity a Voluntary Filer</a></td>
<td class="text">No<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCurrentReportingStatus', window );">Entity Reporting Status Current</a></td>
<td class="text">Yes<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFilerCategory', window );">Entity Filer Category</a></td>
<td class="text">Large Accelerated Filer<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityShellCompany', window );">Entity Shell Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentAnnualReport', window );">Document Annual Report</a></td>
<td class="text">true<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_IcfrAuditorAttestationFlag', window );">ICFR Auditor Attestation Flag</a></td>
<td class="text">true<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentShellCompanyReport', window );">Document Shell Company Report</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentTransitionReport', window );">Document Transition Report</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCommonStockSharesOutstanding', window );">Entity Common Stock, Shares Outstanding</a></td>
<td class="nump">1,387,524,047<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalPeriodFocus', window );">Document Fiscal Period Focus</a></td>
<td class="text">FY<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentFiscalYearFocus', window );">Document Fiscal Year Focus</a></td>
<td class="text">2020<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CurrentFiscalYearEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>End date of current fiscal year in the format --MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CurrentFiscalYearEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gMonthDayItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentAnnualReport">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true only for a form used as an annual report.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentAnnualReport</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalPeriodFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fiscal period values are FY, Q1, Q2, and Q3.  1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalPeriodFocus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fiscalPeriodItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentFiscalYearFocus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentFiscalYearFocus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:gYearItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentShellCompanyReport">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentShellCompanyReport</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentTransitionReport">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true only for a form used as a transition report.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Forms 10-K, 10-Q, 20-F<br> -Number 240<br> -Section 13<br> -Subsection a-1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentTransitionReport</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCommonStockSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCommonStockSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCurrentReportingStatus">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCurrentReportingStatus</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFilerCategory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFilerCategory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:filerCategoryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityInteractiveDataCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation S-T<br> -Number 232<br> -Section 405<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityInteractiveDataCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityShellCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityShellCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityVoluntaryFilers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityVoluntaryFilers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityWellKnownSeasonedIssuer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityWellKnownSeasonedIssuer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:yesNoItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_IcfrAuditorAttestationFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 10-K<br> -Number 249<br> -Section 310<br><br>Reference 2: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 20-F<br> -Number 249<br> -Section 220<br> -Subsection f<br><br>Reference 3: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Form 40-F<br> -Number 249<br> -Section 240<br> -Subsection f<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_IcfrAuditorAttestationFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12gTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(g) registered security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection g<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12gTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>21
<FILENAME>R2.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191294216">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidated Balance Sheets - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>CURRENT ASSETS</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="nump">R$ 9,944,586<span></span>
</td>
<td class="nump">R$ 1,088,955<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentInvestments', window );">Financial investments</a></td>
<td class="nump">3,783,362<span></span>
</td>
<td class="nump">2,633,173<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentReceivables', window );">Trade receivables</a></td>
<td class="nump">2,867,352<span></span>
</td>
<td class="nump">2,047,931<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Inventories</a></td>
<td class="nump">4,817,586<span></span>
</td>
<td class="nump">5,282,750<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="nump">1,605,494<span></span>
</td>
<td class="nump">1,282,415<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentAssets', window );">Other current assets</a></td>
<td class="nump">367,814<span></span>
</td>
<td class="nump">390,581<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">23,386,194<span></span>
</td>
<td class="nump">12,725,805<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LongtermAssets', window );"><strong>Long-term assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentDerivativeFinancialAssets', window );">Financial investments</a></td>
<td class="nump">123,409<span></span>
</td>
<td class="nump">95,719<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxAssets', window );">Deferred income taxes</a></td>
<td class="nump">3,874,946<span></span>
</td>
<td class="nump">2,473,304<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentInventories', window );">Inventories</a></td>
<td class="nump">347,304<span></span>
</td>
<td class="nump">144,499<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Recoverable taxes</a></td>
<td class="nump">938,452<span></span>
</td>
<td class="nump">2,119,940<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other non-current assets</a></td>
<td class="nump">3,603,047<span></span>
</td>
<td class="nump">2,793,115<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LongtermReceivables', window );">Total</a></td>
<td class="nump">8,887,158<span></span>
</td>
<td class="nump">7,626,577<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates', window );">Investments in associates and joint controlled entities</a></td>
<td class="nump">3,695,780<span></span>
</td>
<td class="nump">3,584,169<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment</a></td>
<td class="nump">19,716,223<span></span>
</td>
<td class="nump">19,700,944<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Intangible assets</a></td>
<td class="nump">7,316,794<span></span>
</td>
<td class="nump">7,231,781<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">39,615,955<span></span>
</td>
<td class="nump">38,143,471<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">TOTAL ASSETS</a></td>
<td class="nump">63,002,149<span></span>
</td>
<td class="nump">50,869,276<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>CURRENT LIABILITIES</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermBorrowings', window );">Borrowings and financing</a></td>
<td class="nump">4,126,453<span></span>
</td>
<td class="nump">5,125,843<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentProvisionsForEmployeeBenefits', window );">Payroll and related taxes</a></td>
<td class="nump">282,630<span></span>
</td>
<td class="nump">317,510<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers', window );">Trade payables</a></td>
<td class="nump">4,819,539<span></span>
</td>
<td class="nump">3,012,654<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxLiabilitiesCurrent', window );">Taxes payable</a></td>
<td class="nump">2,058,362<span></span>
</td>
<td class="nump">541,027<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionsForTaxSocialSecurityLaborAndCivilRisks', window );">Provisions for tax, social security, labor and civil risks</a></td>
<td class="nump">81,073<span></span>
</td>
<td class="nump">96,479<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties', window );">Advances from customers</a></td>
<td class="nump">1,100,772<span></span>
</td>
<td class="nump">787,604<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentDividendPayables', window );">Proposed dividends and interests on net equity</a></td>
<td class="nump">946,133<span></span>
</td>
<td class="nump">13,252<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentPayables', window );">Other payables</a></td>
<td class="nump">1,310,734<span></span>
</td>
<td class="nump">1,725,588<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">14,725,696<span></span>
</td>
<td class="nump">11,619,957<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>NONCURRENT LIABILITIES</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Borrowings and financing</a></td>
<td class="nump">31,144,200<span></span>
</td>
<td class="nump">22,841,193<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentPayables', window );">Other payables</a></td>
<td class="nump">3,145,336<span></span>
</td>
<td class="nump">2,493,702<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilities', window );">Deferred income taxes</a></td>
<td class="nump">618,836<span></span>
</td>
<td class="nump">589,539<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentProvisions', window );">Provisions for tax, social security, labor and civil risks</a></td>
<td class="nump">554,315<span></span>
</td>
<td class="nump">526,768<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan', window );">Pension and healthcare plan</a></td>
<td class="nump">758,426<span></span>
</td>
<td class="nump">912,184<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherLongtermProvisions', window );">Provision for environmental liabilities and asset retirement obligations</a></td>
<td class="nump">803,835<span></span>
</td>
<td class="nump">524,001<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total non current liabilities</a></td>
<td class="nump">37,024,948<span></span>
</td>
<td class="nump">27,887,387<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAbstract', window );"><strong>Shareholders' equity</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalPaidinCapital', window );">Paid-in capital</a></td>
<td class="nump">6,040,000<span></span>
</td>
<td class="nump">4,540,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CapitalReserve', window );">Capital reserves</a></td>
<td class="nump">32,720<span></span>
</td>
<td class="nump">32,720<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherReserves', window );">Legal reserves</a></td>
<td class="nump">468,291<span></span>
</td>
<td class="nump">278,576<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RetainedEarnings', window );">Earnings reserves</a></td>
<td class="nump">5,414,323<span></span>
</td>
<td class="nump">4,210,888<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TreasuryShares', window );">Treasury shares</a></td>
<td class="num">(58,264)<span></span>
</td>
<td class="num">(58,264)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AccumulatedOtherComprehensiveIncome', window );">Other comprehensive income</a></td>
<td class="num">(1,983,619)<span></span>
</td>
<td class="nump">1,170,624<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAttributableToOwnersOfParent', window );">Total equity attributable to owners of the Company</a></td>
<td class="nump">9,913,451<span></span>
</td>
<td class="nump">10,174,544<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncontrollingInterests', window );">Non-controlling interests</a></td>
<td class="nump">1,338,054<span></span>
</td>
<td class="nump">1,187,388<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total Shareholders' equity</a></td>
<td class="nump">11,251,505<span></span>
</td>
<td class="nump">11,361,932<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY</a></td>
<td class="nump">R$ 63,002,149<span></span>
</td>
<td class="nump">R$ 50,869,276<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AccumulatedOtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of accumulated items of income and expense (including reclassification adjustments) that are not recognised in profit or loss as required or permitted by other IFRSs. [Refer: IFRSs [member]; Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AccumulatedOtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionalPaidinCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount received or receivable from the issuance of the entity's shares in excess of nominal value and amounts received from other transactions involving the entity's stock or stockholders.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionalPaidinCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a present economic resource controlled by the entity as a result of past events. Economic resource is a right that has the potential to produce economic benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CapitalReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A component of equity representing the capital reserves.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CapitalReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B13<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B13_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that the entity (a) expects to realise or intends to sell or consume in its normal operating cycle; (b) holds primarily for the purpose of trading; (c) expects to realise within twelve months after the reporting period; or (d) classifies as cash or cash equivalents (as defined in IAS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_i&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentDerivativeFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current derivative financial assets. [Refer: Derivative financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentDerivativeFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentDividendPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current dividend payables. [Refer: Dividend payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentDividendPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have an unconditional right to defer settlement for at least twelve months after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_iii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentProvisionsForEmployeeBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current provisions for employee benefits. [Refer: Provisions for employee benefits]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentProvisionsForEmployeeBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current receivables from taxes other than income tax. [Refer: Receivables from taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxLiabilitiesCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The current amount of current tax liabilities. [Refer: Current tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph n<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_n&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxLiabilitiesCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amounts of income taxes recoverable in future periods in respect of: (a) deductible temporary differences; (b) the carryforward of unused tax losses; and (c) the carryforward of unused tax credits. [Refer: Temporary differences [member]; Unused tax credits [member]; Unused tax losses [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph o<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_o&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 56<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_56&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amounts of income taxes payable in future periods in respect of taxable temporary differences. [Refer: Temporary differences [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph o<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_o&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 56<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_56&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAndLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of the entity's equity and liabilities. [Refer: Equity; Liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAndLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of equity attributable to the owners of the parent. This specifically excludes non-controlling interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph r<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_r&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of intangible assets and goodwill held by the entity. [Refer: Goodwill; Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsAndGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Inventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current inventories. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2020-01-01<br> -Paragraph 36<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_36_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_g&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 68<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Inventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of investments in subsidiaries, joint ventures and associates in an entity's separate financial statements. [Refer: Associates [member]; Joint ventures [member]; Subsidiaries [member]; Investments in subsidiaries]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2020-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentsInSubsidiariesJointVenturesAndAssociates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of equity in a subsidiary not attributable, directly or indirectly, to a parent. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 12<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_12_f&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph q<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_q&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 10<br> -IssueDate 2020-01-01<br> -Paragraph 22<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=10&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_22&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current inventories. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_g&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_iv&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provisions. [Refer: Provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph l<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_l&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current receivables from taxes other than income tax. [Refer: Receivables from taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current net defined benefit liability. [Refer: Net defined benefit liability]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentRecognisedLiabilitiesDefinedBenefitPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current assets that the entity does not separately disclose in the same statement or note. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current payables that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherLongtermProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provisions other than provisions for employee benefits. [Refer: Non-current provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherLongtermProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current assets that the entity does not separately disclose in the same statement or note. [Refer: Non-current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current payables that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherReserves">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A component of equity representing reserves within equity, not including retained earnings. [Refer: Retained earnings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherReserves</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of tangible assets that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RetainedEarnings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A component of equity representing the entity's cumulative undistributed earnings or deficit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph IG6<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_IG6&amp;doctype=Implementation%20Guidance<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RetainedEarnings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current payables due to related parties. [Refer: Related parties [member]; Payables to related parties]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentPayablesToRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The current amount of payment due to suppliers for goods and services used in entity's business. [Refer: Current liabilities; Trade payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 70<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_70&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherCurrentReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current trade receivables and current other receivables. [Refer: Current trade receivables; Other current receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_h&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherCurrentReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TreasuryShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>An entity&#8217;s own equity instruments, held by the entity or other members of the consolidated group.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2020-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=32&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TreasuryShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LongtermAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of longterm assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LongtermAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LongtermReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount referas to the longterm receivables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LongtermReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProvisionsForTaxSocialSecurityLaborAndCivilRisks">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provisions other than provisions for employee benefits. [Refer: Non-current provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProvisionsForTaxSocialSecurityLaborAndCivilRisks</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>22
<FILENAME>R3.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189820968">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements of Income - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeStatementAbstract', window );"><strong>Profit or loss [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net Revenue from sales</a></td>
<td class="nump">R$ 30,064,020<span></span>
</td>
<td class="nump">R$ 25,436,417<span></span>
</td>
<td class="nump">R$ 22,968,885<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales</a></td>
<td class="num">(19,124,901)<span></span>
</td>
<td class="num">(17,263,264)<span></span>
</td>
<td class="num">(16,105,657)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">10,939,119<span></span>
</td>
<td class="nump">8,173,153<span></span>
</td>
<td class="nump">6,863,228<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Operating income (expenses)</a></td>
<td class="num">(5,224,682)<span></span>
</td>
<td class="num">(4,631,236)<span></span>
</td>
<td class="nump">83,332<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Selling expenses</a></td>
<td class="num">(2,004,417)<span></span>
</td>
<td class="num">(2,342,805)<span></span>
</td>
<td class="num">(2,263,688)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(504,458)<span></span>
</td>
<td class="num">(511,065)<span></span>
</td>
<td class="num">(494,023)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod', window );">Equity in results of affiliated companies</a></td>
<td class="nump">71,755<span></span>
</td>
<td class="nump">125,715<span></span>
</td>
<td class="nump">135,706<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MiscellaneousOtherOperatingIncome', window );">Other operating income</a></td>
<td class="nump">482,494<span></span>
</td>
<td class="nump">503,770<span></span>
</td>
<td class="nump">4,036,043<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MiscellaneousOtherOperatingExpense', window );">Other operating expenses</a></td>
<td class="num">(3,270,056)<span></span>
</td>
<td class="num">(2,406,851)<span></span>
</td>
<td class="num">(1,330,706)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Income before financial results and income taxes</a></td>
<td class="nump">5,714,437<span></span>
</td>
<td class="nump">3,541,917<span></span>
</td>
<td class="nump">6,946,560<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncome', window );">Financial income</a></td>
<td class="nump">1,802,728<span></span>
</td>
<td class="nump">379,042<span></span>
</td>
<td class="nump">1,310,514<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceCosts', window );">Financial expenses</a></td>
<td class="num">(2,599,039)<span></span>
</td>
<td class="num">(2,510,226)<span></span>
</td>
<td class="num">(2,806,157)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Income before income taxes</a></td>
<td class="nump">4,918,126<span></span>
</td>
<td class="nump">1,410,733<span></span>
</td>
<td class="nump">5,450,917<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax and social contribution</a></td>
<td class="num">(625,508)<span></span>
</td>
<td class="nump">833,778<span></span>
</td>
<td class="num">(250,334)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="nump">4,292,618<span></span>
</td>
<td class="nump">2,244,511<span></span>
</td>
<td class="nump">5,200,583<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>Net income for the year attributed to:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOwnersOfParent', window );">Controlling interests</a></td>
<td class="nump">3,794,295<span></span>
</td>
<td class="nump">1,789,067<span></span>
</td>
<td class="nump">5,074,136<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToNoncontrollingInterests', window );">Non-controlling interests</a></td>
<td class="nump">R$ 498,323<span></span>
</td>
<td class="nump">R$ 455,444<span></span>
</td>
<td class="nump">R$ 126,447<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EarningsPerShareAbstract', window );"><strong>Earnings (loss) per common share - (reais/share)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BasicEarningsLossPerShare', window );">Basic (reais/share)</a></td>
<td class="nump">R$ 2.74926<span></span>
</td>
<td class="nump">R$ 1.29632<span></span>
</td>
<td class="nump">R$ 3.69498<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DilutedEarningsLossPerShare', window );">Diluted (reais/share)</a></td>
<td class="nump">R$ 2.74926<span></span>
</td>
<td class="nump">R$ 1.29632<span></span>
</td>
<td class="nump">R$ 3.69498<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expenses that the entity classifies as being administrative.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2020-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause vi<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35_b_vi&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BasicEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2020-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BasicEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of costs relating to expenses directly or indirectly attributed to the goods or services sold, which may include, but are not limited to, costs previously included in the measurement of inventory that has now been sold, unallocated production overheads and abnormal amounts of production costs of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DilutedEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator), divided by the weighted average number of ordinary shares outstanding during the period (the denominator), both adjusted for the effects of all dilutive potential ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2020-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DilutedEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EarningsPerShareAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EarningsPerShareAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of costs associated with financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 82<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_82_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income associated with interest and other financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue less cost of sales. [Refer: Cost of sales; Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeStatementAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeStatementAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxExpenseContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2020-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 79<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 82<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B13<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MiscellaneousOtherOperatingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of miscellaneous other operating expenses. [Refer: Other operating income (expense)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MiscellaneousOtherOperatingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MiscellaneousOtherOperatingIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of miscellaneous other operating income. [Refer: Other operating income (expense)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MiscellaneousOtherOperatingIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2020-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2020-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2021-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2020-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing and discontinued operations attributable to non-controlling interests. [Refer: Profit (loss); Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 12<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_12_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 81B<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81B_a_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 81B<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81B_a_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) before tax expense or income. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2020-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from operating activities of the entity. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2020-01-01<br> -Paragraph IE33<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=32&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_IE33&amp;doctype=Illustrative%20Examples<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in assets, or decreases in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claims.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 32<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2020-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SalesAndMarketingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to the marketing and selling of goods or services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SalesAndMarketingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) of associates and joint ventures accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method; Joint ventures [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23_g&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2020-01-01<br> -Paragraph 39M<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2020-en-b&amp;anchor=para_39M_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 82<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_82_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>23
<FILENAME>R4.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026188275288">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements of Comprehensive Income - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_StatementOfComprehensiveIncomeAbstract', window );"><strong>Statement of comprehensive income [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="nump">R$ 4,292,618<span></span>
</td>
<td class="nump">R$ 2,244,511<span></span>
</td>
<td class="nump">R$ 5,200,583<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract', window );"><strong>Items that will not be subsequently reclassified to the statement of income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments', window );">Actuarial (losses)/gains on defined benefit plan from investments in subsidiaries</a></td>
<td class="nump">879<span></span>
</td>
<td class="nump">424<span></span>
</td>
<td class="nump">903<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans', window );">Actuarial (losses)/gains on defined benefit pension plan</a></td>
<td class="nump">132,059<span></span>
</td>
<td class="num">(113,518)<span></span>
</td>
<td class="nump">413<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax', window );">Total Items that will not be subsequently reclassified to the statement of income</a></td>
<td class="nump">132,938<span></span>
</td>
<td class="num">(113,094)<span></span>
</td>
<td class="nump">1,316<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract', window );"><strong>Items that could be subsequently reclassified to the statement of income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax', window );">Cumulative translation adjustments for the year</a></td>
<td class="nump">581,175<span></span>
</td>
<td class="nump">32,922<span></span>
</td>
<td class="num">(87,101)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax', window );">(Loss)/gain on change in percentage of investments</a></td>
<td class="nump">6,102<span></span>
</td>
<td class="num">(2,288)<span></span>
</td>
<td class="num">(105)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax', window );">Fair value through other comprehensive income</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(1,559,680)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LossGainOnBusinessCombination', window );">(Loss) / gain on business combination</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(651)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax', window );">(Loss)/gain on net investment hedge in foreign subsidiaries</a></td>
<td class="num">(4,824)<span></span>
</td>
<td class="nump">2,472<span></span>
</td>
<td class="num">(21,852)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax', window );">(Loss)/gain cash flow hedge accounting, net of taxes</a></td>
<td class="num">(5,537,174)<span></span>
</td>
<td class="num">(604,828)<span></span>
</td>
<td class="num">(1,415,962)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax', window );">Cash flow hedge accounting reclassified to income upon realization, net of taxes</a></td>
<td class="nump">1,667,886<span></span>
</td>
<td class="nump">790,353<span></span>
</td>
<td class="nump">370,191<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes', window );">Cash flow hedge accounting - "Platts" reclassified to income upon realization, net of taxes</a></td>
<td class="nump">186,878<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LossgainCashFlowHedgeAccountingPlatts', window );">(Loss)/gain cash flow hedge accounting - "Platts"</a></td>
<td class="num">(187,423)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax', window );">Total Items that could be subsequently reclassified to the statement of income</a></td>
<td class="num">(3,287,380)<span></span>
</td>
<td class="nump">218,631<span></span>
</td>
<td class="num">(2,715,160)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income</a></td>
<td class="num">(3,154,442)<span></span>
</td>
<td class="nump">105,537<span></span>
</td>
<td class="num">(2,713,844)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncome', window );">Comprehensive income for the year</a></td>
<td class="nump">1,138,176<span></span>
</td>
<td class="nump">2,350,048<span></span>
</td>
<td class="nump">2,486,739<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToAbstract', window );"><strong>Attributable to:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent', window );">Attributed to owners of the Company</a></td>
<td class="nump">640,052<span></span>
</td>
<td class="nump">1,894,503<span></span>
</td>
<td class="nump">2,360,292<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests', window );">Attributed to non-controlling interests</a></td>
<td class="nump">R$ 498,124<span></span>
</td>
<td class="nump">R$ 455,545<span></span>
</td>
<td class="nump">R$ 126,447<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTaxAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ix<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_ix&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 81A<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81A_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncomeAttributableToAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncomeAttributableToAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of comprehensive income attributable to non-controlling interests. [Refer: Comprehensive income; Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 81B<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81B_b_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncomeAttributableToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of comprehensive income attributable to owners of the parent. [Refer: Comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 106<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_106_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 81B<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81B_b_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on cash flow hedges, net of tax. [Refer: Cash flow hedges [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24C<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24C_b_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24E<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24E_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_23_c&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on change in value of time value of options, net of tax. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on exchange differences on the translation of financial statements of foreign operations, net of tax. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on hedges of net investments in foreign operations, net of tax. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 39<br> -IssueDate 2020-01-01<br> -Paragraph 102<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=39&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_102_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24C<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24C_b_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24E<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24E_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 9<br> -IssueDate 2020-01-01<br> -Paragraph 6.5.13<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=9&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_6.5.13_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on remeasuring available-for-sale financial assets, net of tax. [Refer: Financial assets available-for-sale]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_91_a&amp;doctype=Standard&amp;forcepdf=true<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_20_a_ii&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnRemeasuringAvailableforsaleFinancialAssetsNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income and expense (including reclassification adjustments) that is not recognised in profit or loss as required or permitted by IFRSs. [Refer: IFRSs [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_106_d_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_viii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 81A<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81A_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, related to gains (losses) from changes in the fair value of investments in equity instruments that the entity has designated at fair value through other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesFromInvestmentsInEquityInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, related to gains (losses) on remeasurements of defined benefit plans, which comprise actuarial gains and losses; the return on plan assets, excluding amounts included in net interest on the net defined benefit liability (asset); and any change in the effect of the asset ceiling, excluding amounts included in net interest on the net defined benefit liability (asset). [Refer: Other comprehensive income; Defined benefit plans [member]; Plan assets [member]; Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income that will be reclassified to profit or loss, net of tax. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph IG6<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_IG6&amp;doctype=Implementation%20Guidance<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 82A<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_82A&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income that will not be reclassified to profit or loss, net of tax. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph IG6<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_IG6&amp;doctype=Implementation%20Guidance<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 82A<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_82A&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeThatWillNotBeReclassifiedToProfitOrLossNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2020-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2020-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2021-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2020-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of reclassification adjustments related to cash flow hedges, net of tax. Reclassification adjustments are amounts reclassified to profit (loss) in the current period that were recognised in other comprehensive income in the current or previous periods. [Refer: Cash flow hedges [member]; Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 92<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_92&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24C<br> -Subparagraph b<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24C_b_iv&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24E<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24E_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_23_d&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_StatementOfComprehensiveIncomeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_StatementOfComprehensiveIncomeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash flow hedge accounting platts reclassified to income upon realization net of taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CashFlowHedgeAccountingPlattsReclassifiedToIncomeUponRealizationNetOfTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LossGainOnBusinessCombination">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the loss gain on business combination.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LossGainOnBusinessCombination</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LossgainCashFlowHedgeAccountingPlatts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of lossgain cash flow hedge accounting platts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LossgainCashFlowHedgeAccountingPlatts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>24
<FILENAME>R5.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186671752">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>Consolidated Statements of Cash Flows - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_StatementOfCashFlowsAbstract', window );"><strong>Statement of cash flows [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="nump">R$ 4,292,618<span></span>
</td>
<td class="nump">R$ 2,244,511<span></span>
</td>
<td class="nump">R$ 5,200,583<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForReconcileProfitLossAbstract', window );"><strong>Adjustments to reconcile net income to net cash provided by operations:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForFinanceCosts', window );">Accrued charges on borrowings and financing</a></td>
<td class="nump">1,909,546<span></span>
</td>
<td class="nump">1,879,116<span></span>
</td>
<td class="nump">1,938,077<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherAdjustmentsToReconcileProfitLoss', window );">Charges on loans and financing granted</a></td>
<td class="num">(32,684)<span></span>
</td>
<td class="num">(58,728)<span></span>
</td>
<td class="num">(50,239)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense', window );">Depreciation/ depletion / amortization</a></td>
<td class="nump">2,522,063<span></span>
</td>
<td class="nump">1,519,331<span></span>
</td>
<td class="nump">1,273,021<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod', window );">Equity in results of affiliated companies</a></td>
<td class="num">(71,755)<span></span>
</td>
<td class="num">(125,715)<span></span>
</td>
<td class="num">(135,706)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnLeaseLiabilities', window );">Charges on lease liabilities.</a></td>
<td class="nump">54,236<span></span>
</td>
<td class="nump">52,607<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDeferredTaxExpense', window );">Deferred income tax and social contribution</a></td>
<td class="num">(1,426,696)<span></span>
</td>
<td class="num">(2,398,400)<span></span>
</td>
<td class="num">(576,895)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForProvisions', window );">Provision for tax, social security, labor and civil risks</a></td>
<td class="nump">4,405<span></span>
</td>
<td class="num">(164,223)<span></span>
</td>
<td class="num">(34,279)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains', window );">Monetary variations and exchange differences</a></td>
<td class="nump">2,010,056<span></span>
</td>
<td class="nump">853,449<span></span>
</td>
<td class="nump">1,002,137<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets', window );">Contractual agreement</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(131,817)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets', window );">Proceeds from disposal of fixed and intangible assets</a></td>
<td class="nump">12,998<span></span>
</td>
<td class="nump">114,603<span></span>
</td>
<td class="nump">38,245<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionReversalForConsumptionAndServices', window );">Provision (Reversal) for consumption and services</a></td>
<td class="num">(29,057)<span></span>
</td>
<td class="num">(130,339)<span></span>
</td>
<td class="nump">55,726<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdjustmentsForProvisionsForActuarialLiabilities', window );">Provision for actuarial liabilities</a></td>
<td class="num">(24,019)<span></span>
</td>
<td class="num">(20,194)<span></span>
</td>
<td class="num">(20,984)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination', window );">PIS and COFINS credits</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(160,609)<span></span>
</td>
<td class="num">(2,208,462)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets', window );">Net gain on sale of a foreign subsidiary</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(1,164,294)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets', window );">Provision for environmental liabilities and decommissioning of assets</a></td>
<td class="nump">10,388<span></span>
</td>
<td class="nump">17,110<span></span>
</td>
<td class="num">(55,247)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_UpdatedSharesVJR', window );">Unrealized loss (gains) on shares - Fair value through profit or loss</a></td>
<td class="num">(1,203,068)<span></span>
</td>
<td class="nump">118,780<span></span>
</td>
<td class="num">(1,655,813)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ReceivablesByIndemnity', window );">Receivables by indemnity</a></td>
<td class="num">(517,183)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions', window );">Other provisions</a></td>
<td class="num">(7,651)<span></span>
</td>
<td class="nump">104,869<span></span>
</td>
<td class="num">(21,877)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForReconcileProfitLoss', window );">Total Adjustments to reconcile net income to net cash provided by operations</a></td>
<td class="nump">7,504,197<span></span>
</td>
<td class="nump">3,714,351<span></span>
</td>
<td class="nump">3,583,993<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdjustmentsForChangesInAssetsAndLiabilitiesAbstract', window );"><strong>Changes in assets and liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable', window );">Trade receivables - third parties</a></td>
<td class="num">(594,731)<span></span>
</td>
<td class="nump">49,338<span></span>
</td>
<td class="nump">99,223<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable', window );">Trade receivables - related parties</a></td>
<td class="nump">49,412<span></span>
</td>
<td class="num">(77,271)<span></span>
</td>
<td class="nump">22,071<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories', window );">Inventories</a></td>
<td class="nump">755,571<span></span>
</td>
<td class="num">(218,242)<span></span>
</td>
<td class="num">(800,050)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables', window );">Receivables from related parties/Dividends</a></td>
<td class="nump">90,306<span></span>
</td>
<td class="nump">99,276<span></span>
</td>
<td class="nump">113,800<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxesRefundClassifiedAsOperatingActivities', window );">Recoverable taxes</a></td>
<td class="nump">865,984<span></span>
</td>
<td class="nump">14,051<span></span>
</td>
<td class="nump">238,181<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks', window );">Judicial deposits</a></td>
<td class="nump">50,028<span></span>
</td>
<td class="nump">19,312<span></span>
</td>
<td class="num">(7,496)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable', window );">Trade payables</a></td>
<td class="nump">2,103,283<span></span>
</td>
<td class="num">(354,288)<span></span>
</td>
<td class="nump">925,176<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TradePayablesDraweeRisk', window );">Trade payables - Drawee risk</a></td>
<td class="num">(497,451)<span></span>
</td>
<td class="nump">1,055,546<span></span>
</td>
<td class="nump">65,766<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities', window );">Payroll and related taxes</a></td>
<td class="num">(43,649)<span></span>
</td>
<td class="nump">36,271<span></span>
</td>
<td class="num">(1,100)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis', window );">Taxes in installments - REFIS</a></td>
<td class="nump">1,654,135<span></span>
</td>
<td class="nump">280,413<span></span>
</td>
<td class="num">(23,806)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables', window );">Payables to related parties</a></td>
<td class="nump">12,019<span></span>
</td>
<td class="nump">1,956<span></span>
</td>
<td class="nump">129,031<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers', window );">Advances from customer</a></td>
<td class="num">(10,011)<span></span>
</td>
<td class="nump">2,524,826<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestPaidClassifiedAsOperatingActivities', window );">Interest paid</a></td>
<td class="num">(1,922,130)<span></span>
</td>
<td class="num">(2,039,112)<span></span>
</td>
<td class="num">(2,141,710)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DerivativeInstrumentCashSettlement', window );">Derivative instrument cash settlement</a></td>
<td class="num">(299,585)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets', window );">Others</a></td>
<td class="num">(140,504)<span></span>
</td>
<td class="num">(234,548)<span></span>
</td>
<td class="nump">5,026<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities', window );">Increase (decrease) in assets and liabilities</a></td>
<td class="nump">2,072,677<span></span>
</td>
<td class="nump">1,157,528<span></span>
</td>
<td class="num">(1,375,888)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInOperatingActivities', window );">Net cash provided by operating activities</a></td>
<td class="nump">9,576,874<span></span>
</td>
<td class="nump">4,871,879<span></span>
</td>
<td class="nump">2,208,105<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities', window );">Investments / acquisition of shares</a></td>
<td class="num">(132,197)<span></span>
</td>
<td class="num">(209,832)<span></span>
</td>
<td class="num">(218,840)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities', window );">Purchase of property, plant and equipment</a></td>
<td class="num">(1,683,839)<span></span>
</td>
<td class="num">(2,214,456)<span></span>
</td>
<td class="num">(1,317,102)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CashPaymentsForDerivativeTransactions', window );">Receipt/(Payment) in derivative transactions</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(230)<span></span>
</td>
<td class="num">(372)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities', window );">Purchase of intangible assets</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(1,427)<span></span>
</td>
<td class="num">(2,200)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAdvancesAndLoansMadeToRelatedParties', window );">Loans granted to related parties</a></td>
<td class="num">(101,631)<span></span>
</td>
<td class="num">(101,913)<span></span>
</td>
<td class="num">(101,908)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties', window );">Loans received from related parties</a></td>
<td class="nump">14,584<span></span>
</td>
<td class="nump">23,623<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities', window );">Financial investment, net of redeemed amount</a></td>
<td class="nump">39,428<span></span>
</td>
<td class="nump">289,213<span></span>
</td>
<td class="num">(167,773)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CashReceiptsFromDiscontinuedOperations', window );">Cash received by disposal of Usiminas' shares</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">39,377<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromChangesInOwnershipInterestsInSubsidiaries', window );">Net cash received from the sale of a foreign subsidiary</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">1,670,359<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CashReceiptsFromAcquisitionOfControl', window );">Cash used to acquire interest in CBSI</a></td>
<td class="text"> <span></span>
</td>
<td class="num">(21,345)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInInvestingActivities', window );">Net cash used in investing activities</a></td>
<td class="num">(1,863,655)<span></span>
</td>
<td class="num">(2,236,367)<span></span>
</td>
<td class="num">(98,459)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities', window );">New borrowings and financing</a></td>
<td class="nump">8,085,902<span></span>
</td>
<td class="nump">10,068,627<span></span>
</td>
<td class="nump">2,143,679<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingCostsIncurred', window );">Cost of transaction</a></td>
<td class="num">(39,174)<span></span>
</td>
<td class="num">(67,362)<span></span>
</td>
<td class="num">(92,287)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities', window );">Repayment of borrowings</a></td>
<td class="num">(6,448,658)<span></span>
</td>
<td class="num">(11,775,093)<span></span>
</td>
<td class="num">(5,019,978)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AmortizationOfLeases', window );">Amortization of leases</a></td>
<td class="num">(103,648)<span></span>
</td>
<td class="num">(94,727)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaidClassifiedAsFinancingActivities', window );">Payment of dividends and interests on net equity</a></td>
<td class="num">(309,350)<span></span>
</td>
<td class="num">(1,920,309)<span></span>
</td>
<td class="num">(502,002)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares', window );">Treasury shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">213,402<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashFlowsFromUsedInFinancingActivities', window );">Net cash provided by (used in) financing activities</a></td>
<td class="nump">1,185,072<span></span>
</td>
<td class="num">(3,788,864)<span></span>
</td>
<td class="num">(3,257,186)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents', window );">Exchange rate changes on cash and cash equivalents of foreign subsidiaries</a></td>
<td class="num">(42,660)<span></span>
</td>
<td class="num">(5,697)<span></span>
</td>
<td class="num">(16,028)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents', window );">Increase (decrease) in cash and cash equivalents</a></td>
<td class="nump">8,855,631<span></span>
</td>
<td class="num">(1,159,049)<span></span>
</td>
<td class="num">(1,163,568)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents at the beginning of the year</a></td>
<td class="nump">1,088,955<span></span>
</td>
<td class="nump">2,248,004<span></span>
</td>
<td class="nump">3,411,572<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents at the end of the year</a></td>
<td class="nump">R$ 9,944,586<span></span>
</td>
<td class="nump">R$ 1,088,955<span></span>
</td>
<td class="nump">R$ 2,248,004<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in inventories to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Inventories; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_20_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in loans and advances to customers to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Loans and advances to customers; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInLoansAndAdvancesToCustomers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in other assets to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Other assets; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInOtherAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in other operating receivables to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_20_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInOtherOperatingReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for decrease (increase) in trade accounts receivable to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_20_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAccountReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDeferredTaxExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for deferred tax expense to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Deferred tax expense (income); Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDeferredTaxExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for depreciation and amortisation expense to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Depreciation and amortisation expense; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForDepreciationAndAmortisationExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForFinanceCosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for finance costs to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Finance costs; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 20<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_20_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForFinanceCosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in deposits from banks to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Deposits from banks; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncreaseDecreaseInDepositsFromBanks</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in employee benefit liabilities to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncreaseDecreaseInEmployeeBenefitLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in other operating payables to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_20_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncreaseDecreaseInOtherOperatingPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for increase (decrease) in trade accounts payable to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_20_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAccountPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for provisions to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Provisions; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForReconcileProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForReconcileProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForReconcileProfitLossAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForReconcileProfitLossAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments for unrealised foreign exchange losses (gains) to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 20<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_20_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdjustmentsForUnrealisedForeignExchangeLossesGains</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingCostsIncurred">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest and other costs that an entity incurs in connection with the borrowing of funds.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingCostsIncurred</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAdvancesAndLoansMadeToRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for loans and advances made to related parties. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_16&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAdvancesAndLoansMadeToRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B13<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B13_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) financing activities, which are activities that result in changes in the size and composition of the contributed equity and borrowings of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) investing activities, which are the acquisition and disposal of long-term assets and other investments not included in cash equivalents.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashFlowsFromUsedInOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash flows from (used in) operating activities, which are the principal revenue-producing activities of the entity and other activities that are not investing or financing activities. [Refer: Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 10<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_10&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 50<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_50_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashFlowsFromUsedInOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from repayment to the entity of loans and advances made to related parties. [Refer: Related parties [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_16&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToRelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsPaidClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for dividends paid by the entity, classified as financing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 31<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsPaidClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The effect of exchange rate changes on cash and cash equivalents held or due in a foreign currency. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gain (loss) that both: (a) relates to identifiable assets acquired or liabilities assumed in a business combination; and (b) is of such size, nature or incidence that disclosure is relevant to understanding the combined entity's financial statements. [Refer: Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2020-01-01<br> -Paragraph B67<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B67_e&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainLossThatRelatesToIdentifiableAssetsAcquiredOrLiabilitiesAssumedInBusinessCombination</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxesRefundClassifiedAsOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from income taxes refunded, classified as operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 35<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxesRefundClassifiedAsOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInCashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in cash and cash equivalents. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInCashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase in existing other provisions. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2020-01-01<br> -Paragraph 84<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_84_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInExistingProvisionsOtherProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in financial assets resulting from the modification of contractual cash flows. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 35I<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35I_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughModificationOfContractualCashFlowsFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseOnLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest expense on lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 53<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_53_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseOnLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestPaidClassifiedAsOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for interest paid, classified as operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 31<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_31&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestPaidClassifiedAsOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherAdjustmentsToReconcileProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Adjustments to reconcile profit (loss) to net cash flow from (used in) operating activities that the entity does not separately disclose in the same statement or note. [Refer: Adjustments to reconcile profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 20<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_20&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherAdjustmentsToReconcileProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to acquire equity or debt instruments of other entities (other than payments for those instruments considered to be cash equivalents or those held for dealing or trading purposes), classified as investing activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 16<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_16_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCashPaymentsToAcquireEquityOrDebtInstrumentsOfOtherEntitiesClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Inflows (outflows) of cash, classified as investing activities, that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 21<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_21&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherInflowsOutflowsOfCashClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from borrowings obtained. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 17<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_17_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromBorrowingsClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromChangesInOwnershipInterestsInSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from changes in ownership interests in subsidiaries that do not result in a loss of control. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 42A<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_42A&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 42B<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_42B&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromChangesInOwnershipInterestsInSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from the disposal or maturity of available-for-sale financial assets. [Refer: Financial assets available-for-sale]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2021-01-01<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_16&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from the disposal of property, plant and equipment, intangible assets other than goodwill, investment property and other non-current assets. [Refer: Intangible assets other than goodwill; Investment property; Other non-current assets; Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_16&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromDisposalsOfPropertyPlantAndEquipmentIntangibleAssetsOtherThanGoodwillInvestmentPropertyAndOtherNoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash inflow from the sale or issuing of treasury shares. [Refer: Sale or issue of treasury shares; Treasury shares]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 17<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProceedsFromSaleOrIssueOfTreasuryShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2020-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2020-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2021-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2020-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for the purchases of intangible assets, classified as investing activities. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 16<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_16_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PurchaseOfIntangibleAssetsClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for the purchases of property, plant and equipment, classified as investing activities. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 16<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_16_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to settle borrowings, classified as financing activities. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 17<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_17_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entity's share of the profit (loss) of associates accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_StatementOfCashFlowsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_StatementOfCashFlowsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdjustmentsForChangesInAssetsAndLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdjustmentsForChangesInAssetsAndLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the adjustments for decrease increase in related party trade account receivable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdjustmentsForDecreaseIncreaseInRelatedPartyTradeAccountReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the adjustments for increase decrease in assets and liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdjustmentsForIncreaseDecreaseInAssetsAndLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the adjustments for increase decrease tn taxes in installments refis.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdjustmentsForIncreaseDecreaseInTaxesInInstallmentsRefis</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdjustmentsForProvisionsForActuarialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the adjustments for provisions for actuarial liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdjustmentsForProvisionsForActuarialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the adjustments for provisions For Environmental Liabilities and decommissioning of assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdjustmentsForProvisionsForEnvironmentalLiabilitiesAndDecommissioningOfAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AmortizationOfLeases">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the amortization of leases.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AmortizationOfLeases</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CashPaymentsForDerivativeTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the cash payments for derivative transactions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CashPaymentsForDerivativeTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CashReceiptsFromAcquisitionOfControl">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the cash receipts from acquisition of control.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CashReceiptsFromAcquisitionOfControl</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CashReceiptsFromDiscontinuedOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the cash receipts from discontinued operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CashReceiptsFromDiscontinuedOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DerivativeInstrumentCashSettlement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of derivative instrument cash settlement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DerivativeInstrumentCashSettlement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProvisionReversalForConsumptionAndServices">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the provision reversal for consumption and services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProvisionReversalForConsumptionAndServices</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ReceivablesByIndemnity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of receivables by indemnity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ReceivablesByIndemnity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TradePayablesDraweeRisk">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the trade payables drawee risk.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TradePayablesDraweeRisk</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_UpdatedSharesVJR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the updated shares VJR.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_UpdatedSharesVJR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>25
<FILENAME>R6.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026185998040">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Consolidated Statement of Changes in Shareholders' Equity - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Paid-in Capital [member]</div></th>
<th class="th"><div>Capital Reserve [member]</div></th>
<th class="th"><div>Earnings Reserve [member]</div></th>
<th class="th"><div>Retained earnings/(accumulated losses) [member]</div></th>
<th class="th"><div>Other comprehensive income [member]</div></th>
<th class="th"><div>Shareholders' Equity [member]</div></th>
<th class="th"><div>Non-Controlling interests [member]</div></th>
<th class="th"><div>Total</div></th>
</tr>
<tr class="rc">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Beginning balance at Dec. 31, 2017</a></td>
<td class="nump">R$ 4,540,000<span></span>
</td>
<td class="nump">R$ 30<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">R$ (1,291,689)<span></span>
</td>
<td class="nump">R$ 3,779,032<span></span>
</td>
<td class="nump">R$ 7,027,373<span></span>
</td>
<td class="nump">R$ 1,260,856<span></span>
</td>
<td class="nump">R$ 8,288,229<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IssueOfEquity', window );">Capital transactions with shareholders</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">32,690<span></span>
</td>
<td class="nump">R$ 180,712<span></span>
</td>
<td class="num">(898,332)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(684,930)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(684,930)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfTreasuryShares', window );">Sales of treasury shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">180,712<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">180,712<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">180,712<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaidOrdinaryShares', window );">Dividends</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(898,332)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(898,332)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(898,332)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProfitOnDisposalOfShares', window );">Profit on disposal of shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">32,690<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">32,690<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">32,690<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ComprehensiveIncomeLoss', window );">Total comprehensive income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,074,136<span></span>
</td>
<td class="num">(2,713,844)<span></span>
</td>
<td class="nump">2,360,292<span></span>
</td>
<td class="nump">126,447<span></span>
</td>
<td class="nump">2,486,739<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,074,136<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">5,074,136<span></span>
</td>
<td class="nump">126,447<span></span>
</td>
<td class="nump">5,200,583<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherComprehensiveIncomeLoss', window );">Other comprehensive income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(2,713,844)<span></span>
</td>
<td class="num">(2,713,844)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(2,713,844)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax', window );">Cumulative translation adjustments for the period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(87,101)<span></span>
</td>
<td class="num">(87,101)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(87,101)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ActuarialGainsLossesNetDefinedBenefitLiabilityAsset', window );">Actuarial gain/(loss) on defined benefit pension plan, net of taxes</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,316<span></span>
</td>
<td class="nump">1,316<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,316<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnAvailableforsaleFinancialAssets', window );">Gain/(Loss) on available-for-sale assets, net of taxes</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,559,680)<span></span>
</td>
<td class="num">(1,559,680)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,559,680)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1', window );">(Loss) / gain on the percentage change in investments</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(105)<span></span>
</td>
<td class="num">(105)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(105)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgingInstrument', window );">Gain/(loss) on cash flow hedge accounting, net of taxes</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,045,771)<span></span>
</td>
<td class="num">(1,045,771)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,045,771)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax', window );">Gain/(loss) on hedge of net investments in foreign subsidiaries</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(21,852)<span></span>
</td>
<td class="num">(21,852)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(21,852)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GainLossOnBusinessCombination', window );">Gain/(loss) on business combination</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(651)<span></span>
</td>
<td class="num">(651)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(651)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves', window );">Constitution of reserves</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,884,115<span></span>
</td>
<td class="num">(2,884,115)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NoncontrollingInterestsInSubsidiaries', window );">Non-controlling interests in subsidiaries</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(76,598)<span></span>
</td>
<td class="num">(76,598)<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Ending balance at Dec. 31, 2018</a></td>
<td class="nump">4,540,000<span></span>
</td>
<td class="nump">32,720<span></span>
</td>
<td class="nump">3,064,827<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,065,188<span></span>
</td>
<td class="nump">8,702,735<span></span>
</td>
<td class="nump">1,310,705<span></span>
</td>
<td class="nump">10,013,440<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IssueOfEquity', window );">Capital transactions with shareholders</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(422,694)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(422,694)<span></span>
</td>
<td class="num">(578,862)<span></span>
</td>
<td class="num">(1,001,556)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaidOrdinaryShares', window );">Dividends</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(424,903)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(424,903)<span></span>
</td>
<td class="num">(513,842)<span></span>
</td>
<td class="num">(938,745)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod', window );">Interests on net equity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(65)<span></span>
</td>
<td class="num">(65)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests', window );">Reversal by prescription of dividends and interest on shareholder's equity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,209<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,209<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,209<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ComprehensiveIncomeLoss', window );">Total comprehensive income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,789,067<span></span>
</td>
<td class="nump">105,436<span></span>
</td>
<td class="nump">1,894,503<span></span>
</td>
<td class="nump">455,545<span></span>
</td>
<td class="nump">2,350,048<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,789,067<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,789,067<span></span>
</td>
<td class="nump">455,444<span></span>
</td>
<td class="nump">2,244,511<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherComprehensiveIncomeLoss', window );">Other comprehensive income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">105,436<span></span>
</td>
<td class="nump">105,436<span></span>
</td>
<td class="nump">101<span></span>
</td>
<td class="nump">105,537<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax', window );">Cumulative translation adjustments for the period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">32,922<span></span>
</td>
<td class="nump">32,922<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">32,922<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ActuarialGainsLossesNetDefinedBenefitLiabilityAsset', window );">Actuarial gain/(loss) on defined benefit pension plan, net of taxes</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(113,195)<span></span>
</td>
<td class="num">(113,195)<span></span>
</td>
<td class="num">(193)<span></span>
</td>
<td class="num">(113,388)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1', window );">(Loss) / gain on the percentage change in investments</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(2,288)<span></span>
</td>
<td class="num">(2,288)<span></span>
</td>
<td class="nump">294<span></span>
</td>
<td class="num">(1,994)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgingInstrument', window );">Gain/(loss) on cash flow hedge accounting, net of taxes</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">185,525<span></span>
</td>
<td class="nump">185,525<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">185,525<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax', window );">Gain/(loss) on hedge of net investments in foreign subsidiaries</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,472<span></span>
</td>
<td class="nump">2,472<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,472<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves', window );">Constitution of reserves</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,366,373<span></span>
</td>
<td class="num">(1,366,373)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rc">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Ending balance at Dec. 31, 2019</a></td>
<td class="nump">4,540,000<span></span>
</td>
<td class="nump">32,720<span></span>
</td>
<td class="nump">4,431,200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,170,624<span></span>
</td>
<td class="nump">10,174,544<span></span>
</td>
<td class="nump">1,187,388<span></span>
</td>
<td class="nump">11,361,932<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IssueOfEquity', window );">Capital transactions with shareholders</a></td>
<td class="nump">1,500,000<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(1,500,000)<span></span>
</td>
<td class="num">(901,145)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(901,145)<span></span>
</td>
<td class="num">(347,458)<span></span>
</td>
<td class="num">(1,248,603)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProposedCapitalIncrease', window );">Proposed capital increase</a></td>
<td class="nump">1,500,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,500,000)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaidOrdinaryShares', window );">Dividends</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(901,145)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(901,145)<span></span>
</td>
<td class="num">(296,936)<span></span>
</td>
<td class="num">(1,198,081)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod', window );">Interests on net equity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(50,522)<span></span>
</td>
<td class="num">(50,522)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ComprehensiveIncomeLoss', window );">Total comprehensive income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,794,295<span></span>
</td>
<td class="num">(3,154,243)<span></span>
</td>
<td class="nump">640,052<span></span>
</td>
<td class="nump">498,124<span></span>
</td>
<td class="nump">1,138,176<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,794,295<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,794,295<span></span>
</td>
<td class="nump">498,323<span></span>
</td>
<td class="nump">4,292,618<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherComprehensiveIncomeLoss', window );">Other comprehensive income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(3,154,243)<span></span>
</td>
<td class="num">(3,154,243)<span></span>
</td>
<td class="num">(199)<span></span>
</td>
<td class="num">(3,154,442)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax', window );">Cumulative translation adjustments for the period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">581,175<span></span>
</td>
<td class="nump">581,175<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">581,175<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ActuarialGainsLossesNetDefinedBenefitLiabilityAsset', window );">Actuarial gain/(loss) on defined benefit pension plan, net of taxes</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">133,069<span></span>
</td>
<td class="nump">133,069<span></span>
</td>
<td class="num">(131)<span></span>
</td>
<td class="nump">132,938<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1', window );">(Loss) / gain on the percentage change in investments</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6,102<span></span>
</td>
<td class="nump">6,102<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6,102<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgingInstrument', window );">Gain/(loss) on cash flow hedge accounting, net of taxes</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(3,869,765)<span></span>
</td>
<td class="num">(3,869,765)<span></span>
</td>
<td class="num">(68)<span></span>
</td>
<td class="num">(3,869,833)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax', window );">Gain/(loss) on hedge of net investments in foreign subsidiaries</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(4,824)<span></span>
</td>
<td class="num">(4,824)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(4,824)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InternalChangesInShareholdersEquity', window );">Internal changes in shareholders' equity</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="nump">2,893,150<span></span>
</td>
<td class="num">(2,893,150)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves', window );">Constitution of reserves</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,893,150<span></span>
</td>
<td class="num">(2,893,150)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rc">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Ending balance at Dec. 31, 2020</a></td>
<td class="nump">R$ 6,040,000<span></span>
</td>
<td class="nump">R$ 32,720<span></span>
</td>
<td class="nump">R$ 5,824,350<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">R$ (1,983,619)<span></span>
</td>
<td class="nump">R$ 9,913,451<span></span>
</td>
<td class="nump">R$ 1,338,054<span></span>
</td>
<td class="nump">R$ 11,251,505<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsPaidOrdinaryShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends paid by the entity on ordinary shares. [Refer: Ordinary shares [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 34<br> -IssueDate 2020-01-01<br> -Paragraph 16A<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=34&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_16A_f&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsPaidOrdinaryShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends recognised as distributions to non-controlling interests. [Refer: Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsRecognisedAsDistributionsToNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnAvailableforsaleFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) on available-for-sale financial assets. [Refer: Financial assets available-for-sale]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 20<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_20_a_ii&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnAvailableforsaleFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on exchange differences on the translation of financial statements of foreign operations, net of tax. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnExchangeDifferencesOnTranslationNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on hedges of net investments in foreign operations, net of tax. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 39<br> -IssueDate 2020-01-01<br> -Paragraph 102<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=39&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_102_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24C<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24C_b_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24E<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24E_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 9<br> -IssueDate 2020-01-01<br> -Paragraph 6.5.13<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=9&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_6.5.13_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnHedgesOfNetInvestmentsInForeignOperationsNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnHedgingInstrument">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) on hedging instruments in fair value hedges. [Refer: Fair value hedges [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_24_a_i&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnHedgingInstrument</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IssueOfEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase in equity through the issue of equity instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_106_d_iii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IssueOfEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2020-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2020-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2021-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2020-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for the purchase of interests in investments accounted for using the equity method. [Refer: Investments accounted for using equity method]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_16&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PurchaseOfInterestsInInvestmentsAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PurchaseOfTreasuryShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in equity resulting from the purchase of treasury shares. [Refer: Treasury shares]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PurchaseOfTreasuryShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ActuarialGainsLossesNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to actuarial gains losses net defined benefit liability asset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ActuarialGainsLossesNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ComprehensiveIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to comprehensive income loss.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ComprehensiveIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_GainLossOnBusinessCombination">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to gain loss on business combination.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_GainLossOnBusinessCombination</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on change in value of time value of options, net of tax.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_GainsLossesOnChangeInValueOfTimeValueOfOptionsNetOfTax1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to increase decrease through transfer to miscellaneous other reserves.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncreaseDecreaseThroughTransferToMiscellaneousOtherReserves</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_InternalChangesInShareholdersEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of internal changes in shareholders equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_InternalChangesInShareholdersEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_NoncontrollingInterestsInSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to noncontrolling interests in subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_NoncontrollingInterestsInSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherComprehensiveIncomeLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to other comprehensive income loss.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherComprehensiveIncomeLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProfitOnDisposalOfShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information about profit on disposal of shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProfitOnDisposalOfShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProposedCapitalIncrease">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of proposed capital increase.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProposedCapitalIncrease</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>26
<FILENAME>R7.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026188223320">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>1. DESCRIPTION OF BUSINESS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfBusinessAbstract', window );"><strong>Description Of Business</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfDescriptionOfBusinessExplanatory', window );">DESCRIPTION OF BUSINESS</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>1.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>DESCRIPTION OF
    BUSINESS</b></font></td></tr>
</table>
<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 17.85pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Companhia
Sider&#250;rgica Nacional &#8220;CSN&#8221;, also referred to as the &#8220;Company&#8221;, is a publicly-held company incorporated
on April 9, 1941, under the laws of the Federative Republic of Brazil (Companhia Sider&#250;rgica Nacional, its subsidiaries,
joint ventures, joint operations and associates are collectively referred to herein as the "Group&#8221;). The Company&#8217;s
registered office is located in S&#227;o Paulo, SP, Brazil.</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">CSN
is listed on the S&#227;o Paulo Stock Exchange (B3 S.A.- Brasil, Bolsa, Balc&#227;o) and on the New York Stock Exchange (NYSE).</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Group's main operating activities are divided into five (5) segments as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/116% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: 10pt/normal Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Steel:</b></font></td></tr>
</table>
<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company&#8217;s main industrial facility is the Presidente Vargas steelworks (&#8220;UPV&#8221;), located in the city of Volta
Redonda, State of Rio de Janeiro. This segment consolidates all operations related to the production, distribution and sale of
flat steel, long steel, metallic containers and galvanized steel. In addition to the facilities in Brazil, CSN has commercial
operations in the United States and operations in Portugal and Germany to achieve markets and providing excellent services for
final consumers. Its steel is used in home appliances, civil construction and automobile industries.</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/116% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: 10pt/normal Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Mining:</b></font></td></tr>
</table>
<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
production of iron ore is developed in the cities of Congonhas, Ouro Preto and Belo Vale, State of Minas Gerais &#8211; by subsidiary
CSN Minera&#231;&#227;o.</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 2.85pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Iron
ore is sold basically in the international market, especially in Europe and Asia. The prices charged in these markets are historically
cyclical and subject to significant fluctuations over short periods of time, driven by several factors related to global demand,
strategies adopted by the major steel producers, and the foreign exchange rate. All these factors are beyond the Company&#8217;s
control. The ore transportation is carried out through Terminal de Carv&#227;o e Min&#233;rios do Porto de Itaguai &#8211; (&#8220;TECAR&#8221;),
a solid bulk terminal, one of the four terminals that comprise the Port of Itaguai, located in the State of Rio de Janeiro. Imports
of coal and coke are also carried out through this terminal by provision of services by CSN Minera&#231;&#227;o to CSN. The Company&#180;s
mining activities also comprises tin exploitation, which is based in the State of Rond&#244;nia, to supply the needs of UPV. The
excess of raw material is sold to subsidiaries and third parties.</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 2.85pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As
a pioneer in the use of technologies that result in the possibility of stacking the tailings generated in the iron ore production
process, the Company has had its iron ore production since January 2020, 100% independent of tailings dams. After significant
investments in recent years to raise the level of reliability, mischaracterization and dry stacking, the Company has moved on
to a scenario in which 100% of its waste goes through a dry filtration process and is disposed of in geotechnically controlled
batteries, areas exclusively destined for stacking. Approximately R$250 million was invested in the two tailings filtration plants
that have a combined total filtration capacity of 9 million tons per year.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As
a consequence of these measures, the decommissioning of the dams is the natural way of processing dry waste.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">All
of our mining dams are positively certified and comply with the environmental legislation in force.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cements</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">CSN
entered the cement production market in 2009, catapulted by the synergy between this activity and CSN's current business. Beside
the UPV facilities, in Volta Redonda / RJ, the Company installed a new business unit, which produces CP-III type cement using
the slag produced by the UPV&#8217;s own blast furnaces. It also explores limestone and dolomite at the Arcos / MG unit, to meet
the needs of the UPV and the cement plant. Additionally, in Arcos / MG, the clinker production operation is located. As a result,
the Company is self-sufficient in the production of cement, with an installed capacity of 4.7 million tons per year.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Logistics:</b></font></td></tr>
</table>
<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><i>Railroads:</i></font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">CSN
has interests in three railroad companies: MRS Log&#237;stica S.A., which manages the former Southeast Railway System of Rede
Ferrovi&#225;ria Federal S.A (&#8220;RFFSA&#8221;)., Transnordestina Log&#237;stica S.A. (&#8220;TLSA&#8221;) and FTL - Ferrovia
Transnordestina Log&#237;stica S.A. (&#8220;FTL&#8221;), which the the latter two hold the concession to operate the former Northeast
Railway System of RFFSA, in the States of Maranh&#227;o, Piau&#237;, Cear&#225;, Rio Grande do Norte, Para&#237;ba, Pernambuco,
Alagoas and Sergipe, with TLSA being responsible for the rail links of Eliseu Martins &#8211; Trindade, Trindade &#8211; Salgueiro,
Salgueiro &#8211; Porto Suape, Salgueiro &#8211; Miss&#227;o Velha and Miss&#227;o Velha - Pec&#233;m (Railway System II), under
construction, and FTL being responsible for the rail links of S&#227;o Luis - Altos, Altos - Fortaleza, Fortaleza &#8211; Souza,
Souza - Recife/Jorge Lins, Recife/Jorge Lins &#8211; Salgueiro, Jorge Lins &#8211; Propri&#225;, Paula Cavalcanti &#8211; Cabedelo,
Itabaiana - Macau (Railway System I).</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><i>Ports<b>:</b></i></font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company operates in the State of Rio de Janeiro, by means of its subsidiary Sepetiba Tecon S.A., operates the Container Terminal
(&#8220;TECON&#8221;) and by means of its subsidiary CSN Minera&#231;&#227;o, the TECAR, both located at the Itagua&#237; Port.
Established in the harbor of Sepetiba, the mentioned port has a privileged highway, railroad and maritime access.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(&#8220;TECON&#8221;)
is responsible for the shipments of CSN&#180;s steel products, movement and storage of containers, vehicles, general cargo, among
other products; and TECAR performs the operational activities of loading and unloading of solid bulk ships, storage and distribution
(road and rail) of coal, coke, zinc concentrate, sulfur, iron ore and other bulk, intended for the seaborne market, for our own
operation and for third parties.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Energy:</b></font></td></tr>
</table>
<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Since
the energy supply is fundamental in CSN&#180;s production process, the Company owns and operates facilities to generate electric
power for guaranteeing its self-sufficiency.</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
note 29 - &#8220;Segment Information&#8221; details the financial information per each of CSN&#180;s business segment.</font></p>

<p style="font: 10pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>GOING CONCERN</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
2020, the Company repaid approximately R$8.4 billion of its borrowings and financing. In 2021, we expect to repay R$4.2 billion.
Financial leverage may adversely affect the Company&#8217;s business, financial conditions and operating results, with the following
main impacts considered by Management:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt">&#149;<font style="font: 10pt/normal Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;
</font><font style="font: normal 10pt Times New Roman, Times, Serif">Use
of cash generated from operations for the repayment of borrowings and financing;</font><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif">&#149;</font><font style="font: 10pt/normal Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;
</font><font style="font: normal 10pt Times New Roman, Times, Serif">Exposure
to (i) interest rate fluctuations, due to the renegotiation of debts and possible new borrowings and financing; and (ii) foreign
exchange, since a significant portion of borrowings and financing are U.S. Dollar denominated;</font><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt">&#149;<font style="font: 10pt/normal Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;
</font><font style="font: normal 10pt Times New Roman, Times, Serif">Increase
in the economic and financial vulnerability in the event of adverse conditions in the industry and segment, due to the limited
resources available in the short term, considering the high financial leverage and expected cash disbursements;</font><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif">&#149;</font><font style="font: 10pt/normal Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;
</font><font style="font: normal 10pt Times New Roman, Times, Serif">Limitation
of the Company&#8217;s ability to conduct new business (acquisitions) until the financial leverage is reduced;</font><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif">&#149;</font><font style="font: 10pt/normal Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;
</font><font style="font: normal 10pt Times New Roman, Times, Serif">Limitation of the Company&#8217;s
ability to obtain new lines of credit at more favorable interest conditions due to the risks related to the current financial
leverage.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company&#8217;s ability to continue operating on a going concern basis, therefore, depends on the achievement of operating targets
determined by Management, in addition to refinancing the contracted debts, and / or actions related to financial deleveraging.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
addition to the continuous focus on improving operating results, Management continues with initiatives to increase the Company&#8217;s
liquidity by extending payment terms for loans and financing. See note 13.a - Maturities of loans, financing and debentures presented
in current and non-current liabilities.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Additionally,
Management is studying alternatives to financial deleveraging from the sale of non-strategic assets and other initiatives, such as the
recently concluded Initial Public Offering of Shares of the subsidiary CSN Minera&#231;&#227;o SA, whereby the&#160;CSN Group improved
its liquidity by R$4,155 million. Other alternatives are also considered, but it is not possible to ensure that they will occur within
a period of 12 months. Accordingly, the Company did not segregate and reclassify any assets in the financial statements as discontinued
operations in accordance with IFRS 5.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Based
on Management&#8217;s cash flow projections <font style="line-height: 115%">that covered the operational period </font>until February
2022, which depend on factors such as meeting production targets, sales volumes and prices, as well as the renegotiation of loans
and financing, Management understands that the Company has adequate resources to continue its operations. Accordingly, the Company&#8217;s
financial statements for the year ended December 31, 2020 were prepared based on the assumption of going concern.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DescriptionOfBusinessAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DescriptionOfBusinessAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfDescriptionOfBusinessExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents disclosure of description of business explanatory.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfDescriptionOfBusinessExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>27
<FILENAME>R8.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189581784">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfChangesInAccountingEstimatesAbstract', window );"><strong>Disclosure of changes in accounting estimates [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory', window );">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>SUMMARY OF SIGNIFICANT
    ACCOUNTING POLICIES</b></font></td></tr>
</table>
<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.a)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Declaration of
    conformity</b></font></td></tr>
</table>
<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
consolidated financial statements have been prepared and are being presented in accordance with International Financial Reporting
Standards (&#8220;IFRS&#8221;) issued by the International Accounting Standards Board (IASB) and includes all of the relevant
information of the financial statements, and only this information, which correspond to those used by the Company&#8217;s management
in its activities.</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.b)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Basis of presentation</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">The
financial statements have been prepared using the historical cost as the basis of value, the net realizable value, the fair value
or the recovery value, except when otherwise indicated.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
preparation of these financial statements requires Management to use certain accounting estimates, judgments and assumptions that
affect the application of Accounting Polices and the amounts reported on the balance sheet date of assets, liabilities, income
and expenses may differ from actual future results. The assumptions used are based on history and other factors considered relevant
and are reviewed by the Company&#8217;s management.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
accounting policies and critical estimates, when applicable and relevant, are included in the respective explanatory notes and
are consistent with the previous year presented, as shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;<font style="line-height: normal">&#160;&#160;&#160;&#160;&#160;&#160;</font></font></td>
  <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Explanatory note 10 e - Recoverability test of investment on
Transnordestina Log&#237;stica SA (&#8220;TLSA&#8221;);&#160;</font></td></tr>
</table>


<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 14.2pt">&#149;<font style="font: 10pt/normal Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
  <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Explanatory note 12 a - Goodwill impairment test;</font></td></tr>
</table>


<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>

<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;<font style="line-height: normal">&#160;&#160;&#160;&#160;&#160;&#160;</font></font></td>
  <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Explanatory note 14 - Derivative financial instruments and
hedge accounting (&#8220;hedge accounting&#8221;);&#160;</font></td></tr>
</table>


<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 14.2pt">&#149;<font style="font: 10pt/normal Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
  <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Explanatory note 18 d - Deferred income and social contribution
taxes: availability of future taxable income against which deductible temporary differences and tax losses can be used;&#160;</font></td></tr>
</table>


<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;<font style="line-height: normal">&#160;&#160;&#160;&#160;&#160;&#160;</font></font></td>
  <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Explanatory note 20 - Provision for tax, social security, labor,
civil, environmental risks and judicial deposits;&#160;</font></td></tr>
</table>


<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Explanatory note
    21 - Provisions for environmental liabilities and asset retirement obligations;</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 14.2pt">&#149;<font style="font: 10pt/normal Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
  <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Explanatory note 30 - Employee benefits.</font></td></tr>
</table>


<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
consolidated financial statements were approved by Board of Directors on April 12, 2021.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.c)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Functional currency
    and presentation currency</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
accounting records included in the financial statements of each of the Company&#8217;s subsidiaries are measured using the currency
of the principal of the economic environment in which each subsidiary operates (&#8220;the functional currency&#8221;). The consolidated
financial statements are presented in R$ (reais), which is the Company&#8217;s functional and reporting currency.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
currency transactions are translated into the functional currency using the exchange rates prevailing on the transaction or valuation
dates, in which the items are remeasured. The balances of the asset and liability accounts are translated using the exchange rate
on the balance sheet date. As of December 31, 2020, US$1,00 is equivalent to R$5.1967 (R$4.0307 on December 31, 2019) and &#8364;1,00
is equivalent to R$6.3779 (R$4.5305 on December 31, 2019), as stated on the website of the Brazilian Central Bank.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.d)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Explanatory notes
    for basis of presentation</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
2020, the Company improved the presentation of its financial statements to users. As a result, the relevant information for assessing
the Company's financial position was changed and, accordingly, accounting practices related to assets, liabilities, revenues and
expenses are now presented in the explanatory notes of each relevant item.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Additionally,
in order to improve the presentation with more qualitative aspects, the Company discloses long-term inventory in note 7 and the
current and non-current recoverable taxes in note 8, which were previously presented as other current and non-current assets.</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.e)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Adoption of new
    and revised International Financial Reporting Standards (IFRS)</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">During
the year of 2020, the IASB issued the revision of the referred standards below, already in force in the year of 2020. Some accounting
pronouncements that became effective as of January 1, 2020, having been adopted and without significant impacts on the Company&#8217;s
results and financial position were as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Business definition
    (changes to IFRS 3)</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Definition of materiality
    (changes to IAS 1 and IAS 8)</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Reform of the benchmark
    interest rate (changes to IFRS 9, IAS 39 and IFRS 7)</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Changes to references
    to the basic conceptual framework (various standards)</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Concessions related
    to COVID-19 (amendments to IFRS 16)</font></td></tr>
</table>
<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">The
changes were evaluated and adopted by the Company&#8217;s management, and there were no impacts on its financial statements regarding
their application.</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">New
standards, changes and interpretations to existing standards that are not yet effective and have not been adopted in advance by
the Company (for which no significant impact is expected in the initial adoption period and that, therefore, additional disclosures
are not being made):</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">IFRS 17 &#8212;
    Insurance Contracts</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Changes to IFRS
    17 Insurance contracts (changes to IFRS 17 and IFRS 4)</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">References to the
    Conceptual Framework</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Products before
    intended use (changes to IAS 16)</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Onerous contracts
    - cost of fulfilling a contract (changes to IAS 37)</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Annual cycle of
    improvements to IFRS 2018-2020 (changes to IFRS 1, IFRS 9, IFRS 16 and IAS 41)</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Classification of
    liabilities as current and non-current (changes to IAS 1)</font></td></tr>
</table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfChangesInAccountingEstimatesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfChangesInAccountingEstimatesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for significant accounting policies applied by the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 117<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_117&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>28
<FILENAME>R9.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189582952">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>3. IMPACTS OF COVID-19<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ImapctsOfCovid19Abstract', window );"><strong>Impacts Of Covid-19</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfImpactsOfCovid19Explanatory', window );">IMPACTS OF COVID-19</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>3.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>IMPACTS OF COVID-19</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">At
the end of 2019, the COVID-19 virus spread worldwide, and in March 2020, the WHO (World Health Organization) declared a pandemic
of this disease. Since the beginning of the pandemic, the Company has adopted several precautionary measures in all its areas
to reduce the exposure of its employees and to guarantee the continuity of its business. In this sense, all employees in chronic
conditions of vulnerability (risk group) were mapped and put on vacation together with most other employees in order to reduce
their corporate staff by around 50%. In addition, masks were provided for all employees, hand sanitizer was made available in
all company facilities, and we also released internal communications with preventive measures in order to reinforce the hygiene
protocols recommended by the competent authorities.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company permanently assesses the effects caused by COVID-19 on its business, since, mainly in the 2nd quarter of 2020, economic
activities in Brazil were drastically reduced, with restrictions and measures of social distancing having been imposed in order
to reduce the virus circulation. Many of these restrictions were relieved by the authorities in the 3rd quarter and the Company
did not suffer significant impact to its business during the year.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company&#8217;s economic activity is directly linked to the demand for steel products in the automotive, domestic and civil construction
sectors, as well as iron ore, both in the domestic and international markets. Any reduction in the activity of these sectors could
affect the demand and the price of products and have significant impact to the Company&#8217;s financial position and results.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Below
we present the main economic effects to the Company in relation to COVID-19:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b>a)
Operational effects</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company&#8217;s investment budget for 2020 has been revised considering the adverse effects of the global economic slowdown. In
this sense, the review reduced the amount of investments, giving priority to the execution of current investment projects that
are fundamental for the maintenance of conditions of operational capacity, environment and safety.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company stifled the Blast Furnace 2 located at the Presidente Vargas Steelworks (UPV), in the municipality of Volta Redonda -
RJ, in early June 2020. <font style="line-height: 115%">The decision was based on the weak global economic scenario since CSN
is a major supplier of raw material to the automotive, appliances and civil construction industries</font>. However, the recently
renovated Blast Furnace 3 met the demand until Blast Furnace 2 resumed in late November 2020.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
effects of the pandemic were perceived in the 2nd quarter of the year, having caused some impact to revenues, mainly from the
steel manufacturing operations. The other segments did not suffer significant impacts.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company did not suffer any significant impact to its railway and maritime logistics. There was also no impact to the availability
of supplies that would interrupt operational activities.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>b)
Recoverability of financial and non-financial assets and liabilities</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
pandemic did not have a significant impact on the fair value of the Company&#8217;s assets and liabilities, with the exception
of a temporary adverse impact on the market value of Usiminas&#8217; shares, which up to March 31, 2020 had accumulated losses
of R$962 million in that quarter, having if fully recovered by the end of the year and contributed positively to the Company&#8217;s
result with a gain in the year of R$1,190 million. In limited situations some <i>covenants</i> or special obligations applicable
to our debts could have been achieved. The Company constantly monitored and continues to monitor these indicators in order to
avoid risks to its financial position.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">There
was no material impact to the Company&#8217;s financial assets. A portion of receivables that had been past due was received during
the 2nd quarter. The Company&#8217;s average term of receipt has not changed.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt/115% Times New Roman, Times, Serif">Our
portfolio of investments and the nature of our industrial plants have long-term characteristics</font><font style="font: 10pt Times New Roman, Times, Serif">.
The long-term operational and economic context to which the Company operates allows greater flexibility in the strategies and
plans to mitigate the risks and effects of the pandemic on its business and, consequently, ensure the maintenance of the expected
recoverability of its non-financial assets, whether investments, fixed assets and tax credits. At the beginning of the pandemic,
Management conducted tests stressing several assumptions used in business projections, especially for 2020 and 2021. These stressed
assumptions remained unchanged throughout the year and, consequently, the was no need to recognize any losses due to <i>impairment
</i>in the financial statements as of December 31, 2020.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">According
to the guidelines of the Brazilian Securities and Exchange Commission (CVM), the Company assessed any effects that are related
to business continuity and its accounting estimates. Despite some adverse effects perceived at the beginning of the pandemic,
which over the rest of the year dissipated, such adverse effects did not bring risks of continuity or the need for adjustments
to accounting estimates that would produce significant effects on the Company&#8217;s business and consequently on its position
equity and financial.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company maintains all of its medium and long-term production and sales forecasts.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfImpactsOfCovid19Explanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for impacts of COVID-19.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfImpactsOfCovid19Explanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ImapctsOfCovid19Abstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ImapctsOfCovid19Abstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>29
<FILENAME>R10.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189473240">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>4. CASH AND CASH EQUIVALENTS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CashAndCashEquivalentAbstract', window );"><strong>Cash And Cash Equivalents</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory', window );">CASH AND CASH EQUIVALENTS</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>4.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>CASH AND CASH
    EQUIVALENTS</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 47%; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="text-align: left; padding-left: 12px; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cash
    and banks</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">In
    Brazil</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;245,185</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">42,736</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Abroad</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,899,282</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;454,033</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;4,144,467</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;496,769</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="text-align: left; padding-left: 24px; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investments</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">In
    Brazil</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;5,800,119</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;531,924</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Abroad</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">60,262</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,800,119</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;592,186</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;9,944,586</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,088,955</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Our
investments are basically in private and public securities with yields linked to the variation of Interbank Deposit Certificates
(CDI) and repo operations backed by National Treasury Notes respectively. The Company invests part of the funds through exclusive
investment funds which have been consolidated in these financial statements.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Our
investments abroad are in private securities in top-rated banks and are remunerated at pre-fixed rates.</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Cash
and cash equivalents include cash, bank deposits and other short-term investments of immediate liquidity, redeemable within 90
days of the contracting date, readily convertible into an amount known as cash and with an insignificant risk of changing its
market value.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of cash and cash equivalents. [Refer: Cash and cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfCashAndCashEquivalentsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CashAndCashEquivalentAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CashAndCashEquivalentAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>30
<FILENAME>R11.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189510808">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>5. FINANCIAL INVESTMENTS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfFinancialInvestmentsAbstract', window );"><strong>Financial Investments</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfFinancialInvestmentsExplanatory', window );">FINANCIAL INVESTMENTS</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>5.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>FINANCIAL INVESTMENTS</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 36%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: center; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; text-align: center; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; text-align: center; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; text-align: center; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; text-align: center; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td style="font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non
    Current</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="text-align: right; font-weight: bold; border-top-color: black; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="text-align: right; font-weight: bold; border-top-color: black; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="background-color: rgb(220, 230, 241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Investments(1)</font></td>
    <td style="text-align: right; font-weight: bold; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">478,253</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;518,553</font></td>
    <td style="font-weight: bold; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Usiminas shares(2)</font></td>
    <td style="text-align: right; font-weight: bold; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">3,305,109</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,114,620</font></td>
    <td style="font-weight: bold; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220, 230, 241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Bonds (3)</font></td>
    <td style="text-align: right; font-weight: bold; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">123,409</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;95,719</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,783,362</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,633,173</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>123,409</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;95,719</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(1)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">These are restricted
    financial investments and linked to a Bank Deposit Certificate (CDB) to guarantee a letter of guarantee from financial institutions
    and financial investments in Public Securities (LFT - Letras Financeiras do Tesouro) managed by their exclusive funds.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">P<font style="line-height: 115%">art
    of the shares guarantees a portion of the Company's debt</font>.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(3)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">B<i>onds</i> with
    Fibra bank due in February 2028 (see note 22).</font></td></tr>
</table>
<p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 35.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Short-term
investments that are not classified as cash equivalents and are measured at amortized cost and at fair value through profit or
loss.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfFinancialInvestmentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfFinancialInvestmentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfFinancialInvestmentsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for a financial investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfFinancialInvestmentsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>31
<FILENAME>R12.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189418072">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>6. TRADE RECEIVABLES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivablesAbstract', window );"><strong>Trade and other receivables [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory', window );">TRADE RECEIVABLES</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>6.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>TRADE RECEIVABLES</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 47%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="width: 26%; text-align: left; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: left; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trade receivables</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: white">
    <td style="text-align: left; padding-left: 12px; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Third
    parties</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Domestic
    market</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">910,657</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,118,632</font></td></tr>
<tr style="vertical-align: middle; background-color: white">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    market</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,063,867</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,003,905</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,974,524</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,122,537</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Allowance
    for doubtful debts</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(228,348)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(245,194)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,746,176</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,877,343</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Related
    parties (note 22 b)</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">121,176</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">170,588</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; text-align: right; font-weight: bold; border-top-color: black; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,867,352</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; text-align: right; font-weight: bold; border-top-color: black; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,047,931</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
composition of the gross balance of accounts receivable from third party customers is shown as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 47%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="background-color: rgb(220, 230, 241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Current</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">2,537,567</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">1,739,746</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Past-due up to
    30 days</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">222,972</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">132,845</font></td></tr>
<tr style="background-color: rgb(220, 230, 241)">
    <td style="text-align: left; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Past-due
    up to 180 days</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;17,915</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;23,877</font></td></tr>
<tr>
    <td style="text-align: left; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Past-due
    over 180 days</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">196,070</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">226,069</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,974,524</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,122,537</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
changes in credit losses are as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 44%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 27%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 27%; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Opening balance</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(245,194)</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(237,352)</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">(Loss)/Reversal estimated</font></td>
    <td style="background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;7,513</font></td>
    <td style="text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">(43,313)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Recovery and write-offs
    of receivables&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9,333</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">35,471</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Closing balance</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(228,348)</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(245,194)</b></font></td></tr>
</table>
<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Accounts
receivable are initially recognized by the transaction price, provided they do not contain financing components, and subsequently
measured at amortized cost. When applicable, it is adjusted to present value including the respective taxes and ancillary expenses,
and customer credits in foreign currency are restated at the exchange rate on the date of the financial statements.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company measures credit losses annually expected for the instrument, where it considers all possible loss events over the life
of its receivables, using a loss rate matrix by maturity range adopted by the Company, from the initial moment (recognition) of
the asset. This model considers the client&#8217;s history, default rate, financial situation and the position of its legal advisors
to estimate expected credit losses.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company <font style="line-height: 115%">performs operations relating to assignment of receivables without co-obligation in which</font>,
after the assignment of duplicates / securities from the client and receipt of funds arising from the closing of each operation,
CSN settles the accounts receivable and relieves itself entirely of the operation&#8217;s credit risk.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of trade and other receivables. [Refer: Trade and other receivables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTradeAndOtherReceivablesExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherReceivablesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherReceivablesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>32
<FILENAME>R13.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189462408">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>7. INVENTORIES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InventoriesAbstract', window );"><strong>Inventories [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInventoriesExplanatory', window );">INVENTORIES</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>7.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>INVENTORIES</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 47%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 26%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 26%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Finished goods</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,627,676</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,691,842</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Work in progress<sup>(1)</sup></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,358,905</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,438,868</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Raw materials</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,289,653</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,493,129</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Spare parts</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">928,158</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">902,135</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Advances to suppliers</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">69,536</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">35,828</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Provision for losses&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(109,038)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(134,553)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,164,890</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,427,249</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Classified:</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Current</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,817,586</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,282,750</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Non-current</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">347,304</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">144,499</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,164,890</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,427,249</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">1.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Long-term iron ore
    inventories that will be used after the construction of the processing plant, which will produce pellet feed, In 2020, the
    Company defined the construction project for the new plant for processing Itabirito, which until then was considered as waste,
    and started to be incorporated into the long-term ore inventory.</font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
changes in estimated losses on inventories are as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="font-weight: bold; width: 44%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; width: 27%"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; width: 27%"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Opening balance</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(134,553)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(157,754)</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">(Estimated
    losses) / Reversal of inventories with low turnover and obsolescence</font></td>
    <td style="vertical-align: middle; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;25,515</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;23,201</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Closing balance</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(109,038)</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(134,553)</b></font></td></tr>
</table>
<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
inventory is recorded at the lower of cost and net realizable value. The cost is determined using the weighted average cost method
for the purchase of raw materials. The cost of finished products and work in process comprises raw materials, labor, other direct
costs (based on normal production capacity). The net realizable value is the estimated selling price in the ordinary course of
business, less the estimated costs of completion and the estimated costs necessary to realize the sales. Estimated losses on slow-moving
or obsolete inventories are recognized when deemed necessary.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfInventoriesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2020-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2020-en-r&amp;doctype=Standard&amp;dita_xref=IAS02_g36-39_TI<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfInventoriesExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_InventoriesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_InventoriesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>33
<FILENAME>R14.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189479480">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>8. RECOVERABLE TAXES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RecoverableTaxesAbstract', window );"><strong>Recoverable Taxes</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfRecoverableTaxesExplanatory', window );">RECOVERABLE TAXES</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>8.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>RECOVERABLE TAXES</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 47%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">State Value-Added Tax</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,002,926</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,109,887</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Brazilian federal contributions
    <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,417,081</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,230,793</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Other taxes</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">123,939</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;61,675</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,543,946</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,402,355</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Classified:</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Current</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,605,494</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,282,415</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Non-current</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">938,452</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,119,940</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,543,946</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,402,355</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">1.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Refers mainly to
    PIS / COFINS (VAT Federal) all to be recovered and income tax and social contribution to be offset. In respect to PIS and
    COFINS to be recoverable on September 20, 2018, the writ of mandamus and special appeal filed in 2006, in which CSN and the
    Federal Union are parties, related to the discussion about the non-inclusion of ICMS in the PIS and COFINS calculation basis,
    was judged in final court decision, confirmed the right of CSN to offset the amounts unduly paid as a result of the PIS and
    COFINS base being increased by the inclusion of ICMS in the period from 2001 to 2014.</font></td></tr>
</table>
<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
balance of recoverable taxes maintained as current asset is expected to be offset in the next 12 months, as well as based on analysis
and budget projection approved by Management. We do not foresee risks of non-realization of these tax credits.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfRecoverableTaxesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for a recoverable taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfRecoverableTaxesExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RecoverableTaxesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RecoverableTaxesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>34
<FILENAME>R15.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189464088">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>9. OTHER CURRENT AND NON-CURRENT ASSETS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNoncurrentAssetsAbstract', window );"><strong>Other current and non-current assets [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory', window );">OTHER CURRENT AND NON-CURRENT ASSETS</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>9.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>OTHER CURRENT
    AND NON-CURRENT ASSETS</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Other
current and non-current assets are as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 37%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: center; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Judicial deposits (note 20)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">325,117</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">328,371</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Credits with the PGFN <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;46,774</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Prepaid expenses</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">136,527</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">107,428</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">115,636</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">126,213</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Prepaid expenses with sea freight <font style="font-weight: 400"><sup>(2)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;74,500</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;96,305</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Actuarial asset (note 30)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;13,819</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;13,714</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Derivative financial instruments (note 14 I)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,364</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,203</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Securities held for trading (note 14 I)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,065</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,034</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Loans with related parties (nota 14 I and 22.b)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">966,050</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">846,300</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other receivables from related parties (note
    22 b)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,242</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,830</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">664,020</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">428,672</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other receivables (note 14 I)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,445</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,059</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Eletrobr&#225;s compulsory loan (note 14 I)
    <font style="font-weight: 400"><sup>(3)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">852,532</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">845,284</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Dividends receivables (note 22 b)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;38,088</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;44,554</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Employee debts</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;28,054</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;33,045</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Receivables by indemnity
    <font style="font-weight: 400"><sup>(4)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">517,183</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;79,338</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">102,021</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">146,245</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">146,525</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>367,814</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>390,581</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,603,047</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,793,115</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">1.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In September 2020,
    the Company reclassified the amount to judicial deposits.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">2.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Refers a payment
    of freight expenses and maritime insurance over revenues didn&#8217;t recognized.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">3.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">This is a certain
    and due amount, arising from the res judicata favorable decision to the Company, which is irreversible and irrevocable, in
    order to apply the STJ's consolidated position on the subject, which culminated in the conviction of Eletrobr&#225;s to the
    payment of the correct interest and monetary adjustment of the Compulsory Loan. The res judicata decision, as well as the
    certainty about the amounts involved in the liquidation of the sentence (judicial procedure to request the satisfaction of
    the right), allowed the conclusion that the entry of this value is certain. In addition to this amount already recorded, the
    Company continues to seek alternatives for the recovery of additional credits and the estimate can reach an amount greater
    than R$350 million.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">4.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">This is a net, certain
    and enforceable amount, resulting from the final and unappealable decision of the Court in favor of the Company, due to losses
    and damages resulting from the sinking of the voltage in the supply of energy in the periods from January / 1991 to June /
    2002. The receivable for indemnification in the amount of R$147,612 was recognized in the income statement for the year in
    other operating income and expenses and in the financial result, the amount of R$369,571. See notes 27 and 28, respectively.</font></td></tr>
</table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of other non-current assets. [Refer: Other non-current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOtherNoncurrentAssetsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherCurrentAndNoncurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherCurrentAndNoncurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>35
<FILENAME>R16.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189445928">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract', window );"><strong>Basis Of Consolidation And Investments In Subsidiaries And Affiliates</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfJointVenturesExplanatory', window );">BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>10.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>BASIS OF CONSOLIDATION
    AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
accounting policies have been consistently applied to all consolidated companies. The consolidated financial statements for the
years ended December 31, 2020 and 2019 include the following direct and indirect subsidiaries, joint ventures and joint operations,
as well as the exclusive funds, as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 9pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 22%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Number
    of shares held by CSN in units</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 18%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equity
    interests (%)</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 20%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 20%; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Companies</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-top-color: black; font-weight: bold; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Core
    business</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Direct interest
    in subsidiaries: full consolidation</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">CSN Islands VII Corp.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20,001,000</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Financial transactions&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">CSN Inova Ventures
    <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">50,000</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Financial transactions&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">CSN Islands XII Corp.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,540</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Financial transactions&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">CSN Steel S.L.U.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">22,042,688</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Equity interests
    and Financial transactions</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">TdBB S.A (*)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Equity interests&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Sepetiba Tecon S.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;254,015,052</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Port services&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Min&#233;rios NacionalS.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;141,719,295</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Mining and Equity
    interests&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Companhia Florestal
    do Brasil</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">66,354,391</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99.99</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Reforestation&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Estanho de Rond&#244;nia
    S.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;195,454,162</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Tin Mining</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Companhia Metal&#250;rgica Prada</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;555,142,354</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Manufacture of
    containers and distribution of steel products&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">CSN Minera&#231;&#227;o
    S.A.&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;158,419,480</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;87.52</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">87.52</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Mining</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">CSN Energia S.A.&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">43,149</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Sale of electric
    power&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">FTL - Ferrovia Transnordestina Log&#237;stica
    S.A.&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;486,592,830</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;92.38</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">92.38</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Railroad logistics&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Nordeste Log&#237;stica S.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99,999</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Port services&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">CSN Inova Ltd.&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Advisory and
    implementation of new development projec&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">CSN Equipamentos
    S.A <font style="font-weight: 400"><sup>(2)</sup></font></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99.99</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Rental of commercial
    and industrial machinery and equipment&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">CBSI - Companhia Brasileira de Servi&#231;os
    de Infraestrutura</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,669,986</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Equity interests
    and product sales and iron ore&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">CSN Cimentos S.A<font style="font-weight: 400"><sup>.(3)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;90</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;90.00</font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Manufacturing
    and sale of cement</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Indirect interest
    in subsidiaries: full consolidation</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; color: red"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Lusosider Projectos Sider&#250;rgicos S.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Equity interests
    and product sales&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Lusosider A&#231;os Planos, S. A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Steel and Equity
    interests&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">CSN Resources S.A.</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Financial transactions
    and Equity interests&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Companhia Brasileira
    de Latas&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="vertical-align: middle; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Sale
    of cans and containers in general and Equity interests&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Companhia de
    Embalagens Met&#225;licas MMSA&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.67</font></td>
    <td style="vertical-align: middle; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.67</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Production
    and sale of cans and related activities&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Companhia de
    Embalagens Met&#225;licas - MTM&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.67</font></td>
    <td style="vertical-align: middle; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.67</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Production
    and sale of cans and related activities&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">CSN Steel Holdings
    1, S.L.U.&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Financial
    transactions, product sales and Equity interests&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">CSN Productos
    Sider&#250;rgicos S.L.&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Financial
    transactions, product sales and Equity interests&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Stalhwerk Th&#252;ringen
    GmbH&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Production
    and sale of long steel and related activities&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">CSN Steel Sections
    UK Limited <font style="font-weight: 400"><sup>(4)</sup></font></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Sale
    of long steel&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">CSN Steel Sections
    Polska Sp.Z.o.o&#160;</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; font-weight: bold; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Financial
    transactions, product sales and Equity interests&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">CSN Mining Holding, S.L</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;87.52</font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;87.52</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Financial transactions,
    product sales and Equity interests&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">CSN Mining GmbH&#160;</font></td>
    <td style="font-size: 8pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">87.52</font></td>
    <td style="font-size: 8pt; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;87.52</font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Financial transactions,
    product sales and Equity interests&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">CSN Mining Asia Limited&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;87.52</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;87.52</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Commercial representation&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Lusosider Ib&#233;rica
    S.A.&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Steel,
    commercial and industrial activities and equity interests&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">CSN Mining Portugal,
    Unipessoal Lda.&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;87.52</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;87.52</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Commercial and
    representation of products&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Companhia Sider&#250;rgica
    Nacional, LLC</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Import
    and distribution/resale of products&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">CSN Cimentos S.A.<font style="font-weight: 400"><sup>(3)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;10</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;10.00</font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Manufacturing
    and sale of cement</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Direct interest
    in joint operations: proportionate consolidation</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; color: red"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">It&#225; Energ&#233;tica S.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;253,606,846</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;48.75</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;48.75</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Electric power
    generation&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Cons&#243;rcio da Usina Hidrel&#233;trica de
    Igarapava</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;17.92</font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;17.92</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Electric power
    consortium&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Direct interest
    in joint ventures: equity method</b></font></td>
    <td style="font-size: 8pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">MRS Log&#237;stica
    S.A. <font style="font-weight: 400"><sup>(5)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">63,377,198</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;18.64</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;18.64</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Railroad transportation&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Aceros Del Orinoco
    S.A.&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;31.82</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;31.82</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Dormant company&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Transnordestina Log&#237;stica S.A. <font style="font-weight: 400"><sup>(6)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">24,670,093</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;47.26</font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;47.26</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Railroad logistics&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Equimac S.A <font style="font-weight: 400"><sup>(2)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,117</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;50.00</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Rental of commercial
    and industrial machinery and equipment&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Indirect interest
    in joint ventures: equity method</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">MRS Log&#237;stica
    S.A. <font style="font-weight: 400"><sup>(5)</sup></font></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;16.30</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;16.30</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Railroad transportation&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Direct interest
    in associates: equity method</b></font></td>
    <td style="font-size: 8pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt; color: red"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Arvedi Metalfer do
    Brasil S.A.&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">49,074,882</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;20.00</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;20.00</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Metallurgy and
    Equity interests&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Exclusive funds:
    full consolidation</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Diplic II- Fundo de investimento multimercado
    cr&#233;dito privado</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Investment fund&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td colspan="2"><font style="font: 10pt Times New Roman, Times, Serif">Caixa V&#233;rtice - Fundo de investimento
    multimercado cr&#233;dito privado</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Investment fund&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">VR1 - Fundo de investimento multimercado cr&#233;dito
    privado&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Investment fund&#160;</font></td></tr>
</table>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
Dormant companies.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">1.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On June 29, 2020,
    CSN Islands XI Corp. changed its corporate name to CSN Inova Ventures.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">2.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On June 26, 2020,
    CSN Equipamentos SA had its corporate name changed to Equimac SA and its capital increased by Unidas Guindastes Eireli. With
    this capital increase, CSN&#8217;s stake in Equimac&#8217;s share capital increased to 50% and was classified as <i>joint
    venture.</i></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">3.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Company acquired
    on October 2, 2020.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">4.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Company liquidated
    on March 11, 2020.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">5.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As of December 31,
    2020, the Company directly held 63,377,198 shares, of which 26,611,282 were common and 36,765,916 were preferred, and indirectly
    63,338,872 shares, of which 25,802,872 were common and 37,536,000 were preferred</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">6.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As of December 31,
    2020, the Company had 24,168,304 common shares and 501,789 Class B preferred shares.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>10.a)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investments in
    joint ventures, joint operations, associates and other investments</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
number of shares, the balances of assets and liabilities, shareholders&#8217; equity and the profit / (loss) amounts for the period
in those investees are as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 7pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; width: 20%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td rowspan="5" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Companies</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="4" style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Participation
    in</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="7" style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Participation
    in</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assets</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="4" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Shareholders&#8217;
    equity</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="4" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Profit
    /(Loss) for the period</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assets</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Shareholders&#8217;
    equity</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Profit
    /(Loss) for the period</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-venture
    and Joint-operation</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">MRS Log&#237;stica
    S.A.</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,175,249</font></td>
    <td style="vertical-align: middle; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,567,882</font></td>
    <td style="vertical-align: middle; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,607,367</font></td>
    <td style="vertical-align: middle; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">160,371</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,145,205</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,616,218</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,528,987</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;187,597</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Fair Value -
    MRS Log&#237;stica S.A.</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">421,888</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(11,747)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;433,635</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(11,747)</font></td></tr>
<tr>
    <td colspan="2" style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">CSBI
    - Companhia Brasileira de Servi&#231;os de Infraestrutura</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,665</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Transnordestina
    Log&#237;stica S.A. (*)</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,657,691</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,497,587</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,160,104</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(28,952)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,398,434</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,209,378</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,189,056</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(17,100)</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Fair Value (*)
    - Transnordestina</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;271,116</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;271,116</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Equimac S.A</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,536</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;301</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,235</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(329)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;8,840,476</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;6,065,770</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,467,710</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>119,343</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;8,543,639</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,825,596</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,422,794</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>165,415</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Associates</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Arvedi Metalfer do Brasil S.A.</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">40,528</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">32,490</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,038</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(6,765)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">44,435</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">31,712</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12,723</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,682)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>40,528</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>32,490</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;8,038</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(6,765)</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>44,435</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;31,712</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12,723</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(1,682)</b></font></td></tr>
<tr style="vertical-align: middle">
    <td colspan="9" style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Classified
    at fair value through profit or loss (note 12 I)</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Panatl&#226;ntica</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">59,879</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;47,300</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>59,879</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>47,300</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Eliminations</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(30,856)</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(38,219)</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other investments</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>

    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">279</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(9,967)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">157</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;171</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;279</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(9,967)</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>157</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;171</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td colspan="2" style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    investments in affillated companies</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,535,906</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,484,974</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td colspan="5" style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Equity in results of affillated companies</b></font></td>
    <td style="font-weight: bold">&#160;</td>
    <td style="font-weight: bold">&#160;</td>
    <td style="font-weight: bold">&#160;</td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;71,755</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>125,715</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investments properties</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;159,874</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>101,195</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total investments</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,695,780</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,584,169</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
</table>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
As of December 31, 2020 and December 31, 2019, the net balance of R$271,116 refers to the Fair Value generated by the loss of
control of Transnordestina Log&#237;stica SA in the amount of R$659,105 and impairment of R$387,989.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
number of shares, the balances of assets and liabilities, shareholders&#8217; equity and the profit / (loss) values for the year
refer to the interest held by CSN in these companies.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>10.b)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Changes in investments
    in subsidiaries, jointly controlled companies, joint operations, associates and other investments</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 47%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Opening
    balance of investments</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,482,974</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,630,613</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Capital increase/acquisition
    of shares&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,400</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;27,909</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Dividends <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(82,642)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(94,603)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Comprehensive income
    <font style="font-weight: 400"><sup>(2)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;6,895</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,592)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Equity in results of affiliated companies(3)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">124,324</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">175,524</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Update of shares measured
    at fair value through profit or loss (Note 14 II)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;12,579</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(118,780)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Reclassification of
    Usiminas&#8217; shares</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(2,114,620)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Consolidation of CBSI</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(8,775)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Amortization of fair
    value - investment MRS</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(11,747)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(11,747)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;123</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">45</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Closing balance
    of investments</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,535,906</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,482,974</b></font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">1.</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">In 2020, it mainly refers to dividends of the
    subsidiary CSN Minera&#231;&#227;o SA in the amount of R$2,437,482 (R$4,060,816 on December 31, 2019).</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">2.</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">Refers to translation to the reporting currency
    of the foreign investments of which functional currency is not the Brazilian Reais, actuarial gain/loss and gain/loss on investment
    hedge from investments accounted for under the equity method.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">3.</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">The table below shows the reconciliation of
    the equity in results of affiliated companies classified as joint venture and associates and the amount disclosed in the income
    statement and it is due to the elimination of the results of the CSN&#180;s transactions with these companies.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 47%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equity
    in results of affiliated companies</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">MRS
    Log&#237;stica S.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">160,370</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">187,597</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">CBSI
    - Companhia Brasileira de Servi&#231;os de Infraestrutura <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;6,695</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Transnordestina
    Log&#237;stica S.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(28,952)</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(17,100)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Arvedi
    Metalfer do Brasil S.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(6,765)</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,682)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Equimac
    S.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(329)</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">14</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>124,324</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>175,524</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Eliminations</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">To
    cost of sales&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(46,751)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(57,908)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">To
    taxes</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">15,895</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">19,689</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Others</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Amortizated
    at fair value - Investment in MRS</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(11,747)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(11,747)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(9,966)</font></td>
    <td style="color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">157</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equity in results&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>71,755</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>125,715</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif">(1)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Refers to equity
    income until November 30, 2019, as of this date, the joint venture started to be controlled and consolidated, according to
    note 10 c.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>10.c)Additional</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>information on
    operating controlled companies</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">With
the primary objective of reducing the Company&#8217;s financial leverage, Management is committed to a plan to dispose of a set
of assets, however, it is not possible to confirm that the sale within a period of 12 months is highly probable for any of the
assets contemplated in the plan. The Company considers several sales scenarios that vary according to different macroeconomic
and operational assumptions. In this context, the Company did not segregate and did not reclassify such assets in the financial
statements as discontinued operations in accordance with IFRS 5.</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#149;&#160;&#160;&#160;&#160;&#160;&#160;
SEPETIBA TECON SA (&#8220;Tecon&#8221;)</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">It
aims to explore Container Terminal No. 1 at the Port of Itagua&#237;, located in Itagua&#237;, in the State of Rio de Janeiro.
The terminal is connected to the UPV by the Southeastern railway network, which is granted to MRS Log&#237;stica SA The services
provided are handling operations and storage of containers, steel products and cargo in general, among other products and services
for washing, maintenance and hygiene of containers.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Tecon
won a bidding procedure and entered into the lease agreement in October 23, 1998 for operation of the port terminal for a period
of 25 years, extendable for an equal period.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Upon
termination of the lease, all rights and benefits transferred to Tecon will return to the Federal Government, together with the
assets owned by Tecon and those resulting from investments made by it in leased assets, declared reversible by the Federal Government
as they are necessary for the continuity of the provision. of the service granted. The assets declared reversible will be indemnified
by the Federal Government at the residual value of their cost, determined by Tecon&#8217;s accounting records after deducting
depreciation.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#149;&#160;&#160;&#160;&#160;&#160;&#160;
ESTANHO DE ROND&#212;NIA SA (&#8220;ERSA&#8221;)</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Headquartered
in the state of Rond&#244;nia, the subsidiary operates two units, one in the city of Itapu&#227; do Oeste / RO and the other in
Ariquemes / RO. Mining is located in Itapu&#227; do Oeste, where cassiterite (tin ore) is extracted, and in Ariquemes, the foundry
where metallic tin is obtained, which is the raw material used at UPV for the manufacture of metal sheets.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#149;&#160;&#160;&#160;&#160;&#160;&#160;
COMPANHIA METAL&#218;RGICA PRADA (&#8220;Prada&#8221;)</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Prada
operates in two segments: metal steel packaging and flat steel processing and distribution.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: italic 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Packaging</font></p>

<p style="font: italic 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
the steel metallic packaging segment, Prada produces the best and safest in cans, buckets and aerosols. It serves the chemical
and food segments, providing packaging and lithography services to the main companies in the market.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: italic 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Distribution</font></p>

<p style="font: italic 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Prada
also operates in the flat steel processing and distribution area, with a diversified product line. Supplies coils, rolls, plates,
strips, <i>blanks</i>, metal sheets, profiles, tubes and tiles, among other products, for the most different segments of the industry
- from automotive to civil construction. It is also specialized in providing steel processing services, meeting the demand of
companies from all over the country.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#149;&#160;&#160;&#160;&#160;&#160;&#160;
CSN ENERGIA S.A.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Its
main objective is the distribution of the excess electric power generated by CSN and Companies, consortiums or other entities
in which CSN holds an interest.</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#149;&#160;&#160;&#160;&#160;&#160;&#160;
FTL - FERROVIA TRANSNORDESTINA LOG&#205;STICA SA (&#8220;FTL&#8221;)</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Company
created for the purpose of incorporating the spun-off portion of Transnordestina Log&#237;stica SA It operates public cargo transportation
services in the northeast of Brazil, in the stretches between the cities of S&#227;o Lu&#237;s and Altos, Altos and Fortaleza,
Fortaleza and Sousa, Sousa and Recife / Jorge Lins, Recife / Jorge Lins and Salgueiro, Jorge Lins and Propri&#225;, Paula Cavalcante
and Cabedelo (Branch of Cabedelo) and Itabaiana and Macau (Branch of Macau) (&#8220;Malha I&#8221;)</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On
November 13, 2019, CSN subscribed FTL shares through the capitalization of credits arising from Advances for Future Capital Increase
(AFAC) in the amount of R$27,670, passing its interest in FTL&#8217;s capital from 91.69% to 92.38%. As a result of the operations
described above, which caused a change in shareholder participation, the Company recorded a loss in the amount of R$293, recorded
in shareholders&#8217; equity under &#8220;Other comprehensive income&#8221; There was no change in the corporate structure in
2020.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#149;&#160;&#160;&#160;&#160;&#160;&#160;
CSN MINERA&#199;&#195;O S/A (&#8220;CSN Minera&#231;&#227;o&#8221;)</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Headquartered
in Congonhas, in the State of Minas Gerais, CSN Minera&#231;&#227;o SA has as its main objective the production, purchase and
sale of iron ore, and has the foreign market as its main focus in the commercialization of its products. As of November 30, 2015,
CSN Minera&#231;&#227;o SA started to centralize CSN&#8217;s mining operations, including the establishments of the Casa de Pedra
mine, the TECAR port and an 18.63% stake in MRS. CSN&#8217;s interest in this subsidiary is 87.52% as of December 31, 2020.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm">&#149; <font style="font: 10pt Times New Roman, Times, Serif">
MIN&#201;RIOS NACIONAL SA (&#8220;Min&#233;rios Nacional&#8221;)</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Headquartered
in Congonhas, in the State of Minas Gerais, Min&#233;rios Nacional has as main objective the production and sale of iron ore.
The subsidiary concentrates the mining rights assets related to the Fernandinho, Cayman and Pedras Pretas mines, all in Minas
Gerais transferred to Min&#233;rios Nacional SA in the business combination operation that took place in 2015.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#149;&#160;&#160;&#160;&#160;&#160;&#160;
CBSI - COMPANHIA BRASILEIRA DE INFRASTRUCTURE SERVICES (&#8220;CBSI&#8221;)</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Previously
located in the city of Arauc&#225;ria-PR, CBSI is currently headquartered in the city of Volta Redonda and its main purpose is
to render services to CSN, CSN&#8217;s subsidiaries and third parties related to the recovery and maintenance of industrial machinery
and equipment, civil maintenance, industrial cleaning, preparation product logistics, among others.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
investment is the result of a joint venture between CSN and CKTR Brasil Servi&#231;os Ltda. in 2011 which previously held a 50%
stake. On November 29, 2019, the Company completed the acquisition of the remaining 50% of CBSI&#8217;s shares for R$24,000. The
goodwill for expected future profitability generated on the acquisition was R$15,225 and is separately classified within Investments
in non-current assets.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>10.d)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint ventures
    and joint operations financial information</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
balance sheet and income statement balances of the companies whose control is shared are shown below and refer to 100% of the
companies&#8217; results:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 30%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="border-top: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="5" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; font-style: italic; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-Venture</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; font-style: italic; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Joint-Operation&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; font-style: italic; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-Venture</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-Operation</b></font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equity
    interest (%)</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>MRS
    Log&#237;stica</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Transnordestina
    Log&#237;stica</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equimac
    S.A.</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>It&#225;
    Energ&#233;tica</b></font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>MRS
    Log&#237;stica</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Transnordestina
    Log&#237;stica</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>It&#225;
    Energ&#233;tica</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>34.94%</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>47.26%</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>50.00%</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>48.75%</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>34.94%</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>47.26%</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>48.75%</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    sheet</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Current Assets&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Cash
    and cash equivalents</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,206,484</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,390</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,351</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">48,919</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;670,296</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;17,166</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">65,793</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Advances
    to suppliers</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;27,312</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,948</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">742</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20,100</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,240</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;363</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    current assets</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">823,204</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;51,793</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,356</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">89,521</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,326,281</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;59,405</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">15,955</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total current assets</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,057,000</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;55,131</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,707</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;139,182</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,016,677</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;79,811</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>82,111</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Noncurrent
    Assets&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    non-current assets</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">608,878</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">225,492</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20,807</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;789,562</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">258,391</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">24,361</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Investments,
    PP&#38;E and intangible assets</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,537,009</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">9,574,588</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">11,365</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;390,672</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;8,316,033</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,968,447</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">426,403</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total non-current
    assets</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,145,887</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,800,080</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,365</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;411,479</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;9,105,595</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,226,838</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>450,764</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Assets</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,202,887</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,855,211</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>15,072</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;550,661</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,122,272</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,306,649</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>532,875</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Current Liabilities&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
    and financing&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">828,439</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">241,029</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;653,784</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">103,877</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Lease
    liabilities</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">317,526</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;256,034</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    current liabilities</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,117,975</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">125,794</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;602</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">19,721</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,561,684</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">171,821</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">16,793</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total current liabilities</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,263,940</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>366,823</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;602</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>19,721</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,471,502</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>275,698</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>16,793</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Noncurrent
    Liabilities&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
    and financing&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,162,657</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,368,070</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,369,615</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,084,424</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Lease
    liabilities</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,674,594</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,650,758</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    non-current liabilities</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">788,862</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">665,653</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">15,900</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;527,871</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">430,603</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">16,550</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total non-current
    liabilities</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,626,113</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,033,723</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>15,900</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;4,548,244</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>6,515,027</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>16,550</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Shareholders&#8217;
    equity</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,312,834</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,454,665</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>14,470</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;515,040</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;4,102,526</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,515,924</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>499,532</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    liabilities and shareholders&#8217;<br />equity</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,202,887</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,855,211</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>15,072</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;550,661</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,122,272</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,306,649</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>532,875</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 28%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>01/01/2020
    to 12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>01/01/2019
    to 11/30/2019</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>01/01/2019
    to 12/31/2019</b></font></td></tr>
<tr>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="5" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-Venture</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-Operation</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-Venture</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-Operation</b></font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equity
    interest (%)</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>MRS
    Log&#237;stica</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Transnordestina
    Log&#237;stica</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equimac
    S.A.</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>It&#225;
    Energ&#233;tica</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>CBSI</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>MRS
    Log&#237;stica</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Transnordestina
    Log&#237;stica</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>It&#225;
    Energ&#233;tica</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>34.94%</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>47.26%</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>50.00%</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>48.75%</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>50.00%</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>34.94%</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>46.30%</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>48.75%</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Statements
    of Income</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Net
    revenue</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,604,965</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;35</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;2,308</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;173,426</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">267,436</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,200,809</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;163,048</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Cost
    of sales and services</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(2,521,991)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(2,386)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(74,048)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(233,830)</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(2,382,828)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(83,129)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Gross profit</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,082,974</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;35</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(78)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99,378</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;33,606</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">817,981</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">79,919</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Operating
    (expenses) income&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(105,267)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(42,108)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(576)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(67,885)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(12,328)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">207,840</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(18,077)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(62,660)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Financial
    income (expenses), net</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(330,756)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(19,186)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(4)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(764)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,460)</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(268,089)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(18,386)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,183</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Income before income tax and social<br />contribution</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;646,951</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(61,259)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(658)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">30,729</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;19,818</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">757,732</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(36,463)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">18,442</font></td></tr>
<tr style="vertical-align: bottom">
    <td colspan="2" style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Current
    and deferred income tax<br />and social contribution</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(216,649)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(10,391)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(6,428)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(254,378)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(6,147)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Profit / (loss)
    for the period</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;430,302</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(61,259)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(658)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>20,338</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;13,390</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>503,354</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(36,463)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12,295</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#149;&#160;&#160;&#160;&#160;&#160;&#160;
IT&#193; ENERG&#201;TICA SA - (&#8220;ITASA&#8221;)</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">ITASA
is a corporation established in July 1996 that was engaged to operate under a concession, the It&#225; Hydropower Plant (&#8220;UHE
It&#225;&#8221;), with 1,450 MW of installed power, located on the Uruguay River, on the Santa Catarina and Rio Grande do Sul
state border. The UHE It&#225; concession is shared with ENGIE Brasil Energia S.A., with CSN holding 48.75%.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#149;&#160;&#160;&#160;&#160;&#160;&#160;
MRS LOGISTICA S.A.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">Located
in the city of Rio de Janeiro-RJ, the company aims to exploit, for an onerous concession, the public service of railway cargo
transportation in the areas of the Southeast Network, located on the Rio de Janeiro, S&#227;o Paulo and Minas Gerais axis, previously
held by the extinct Rede Ferrovi&#225;ria Federal SA - RFFSA. The concession has a term of 30 years from December 1, 1996, extendable
for an equal period by exclusive decision of the grantor.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">MRS
can also explore modal transport services related to rail transport and participate in projects aimed at expanding the rail services
granted.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">For
the provision of services, MRS leased from RFFSA, for the same period of the concession, the assets necessary for the operation
and maintenance of rail freight transport activities. At the end of the concession, all leased assets will be transferred to the
possession of the railway transport operator designated in that same act.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company directly holds an 18.64% interest in the capital of MRS and indirectly, through its subsidiary CSN Minera&#231;&#227;o
SA, a 16.30% interest in the capital of MRS, totaling a 34.94% interest.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#149;&#160;&#160;&#160;&#160;&#160;&#160;
CONS&#211;RCIO DA USINA HIDREL&#201;TRICA DE IGARAPAVA</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Igarapava Hydroelectric Plant is located in Rio Grande, in the city of Conquista - MG, and has an installed capacity of 210 MW,
formed by 5 Bulb-type generating units.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">CSN
holds 17.92% of the investment in the consortium, whose object is the distribution of electricity, which is distributed according
to the percentage of participation of each company.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
balance of property, plant and equipment, net of depreciation on December 31, 2020 is R$21,287 (R$22,441 on December 31, 2019)
and the expense amount in 2020 was R$6,611 (R$6,497 in 2019).</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#149;&#160;&#160;&#160;&#160;&#160;&#160;
TRANSNORDESTINA LOG&#205;STICA SA (&#8220;TLSA&#8221;)</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Its
main objective is the exploration and development of the public rail freight transport service in the Northeast network of Brazil,
comprising the stretches of Eliseu Martins-Trindade, Trindade-Salgueiro, Salgueiro-Porto Suape, Salgueiro - Miss&#227;o Velha
and Miss&#227;o Velha - Pec&#233;m (Malha II).</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">It
is in the pre-operational phase and should remain so until the completion of Mesh II. The approved schedule, which provided for
the completion of the work for January 2017, is currently under discussion with the responsible bodies, as described in note 31.b.
Its Management understands that new deadlines for the completion of the project will not substantially negatively imply the expected
return on investment.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
May 2019, the Northeast Investment Fund - FINOR transferred to CSN, BNDES and BNDESPAR, 1,677,816 (one million six hundred and
seventy-seven thousand, eight hundred and sixteen) class &#8220;B preferred shares, of which 501,789 (five hundred and one thousand,
seven hundred and eighty-nine) shares were transferred specifically to CSN. As of December 31, 2020 and 2019, the Company&#8217;s
interest in the capital of TLSA is 47.26% of the total capital and 92.60% of the voting capital.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Management
relies on resources from its shareholders and third parties to complete the work, as described in item 31.b, which it expects
to be available, based on previously concluded agreements and recent discussions between the parties involved. After evaluating
this matter, Management concluded that the use of the project&#8217;s business continuity accounting basis in the preparation
of the financial statements for the year ended December 31, 2020 was considered appropriate.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
this sense, TLSA performed a recoverability test of its own long-lived assets using the discounted cash flow method. To carry
out the test, TLSA adopted the following main premises:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 2.85pt 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif"><b>Measurement
of recoverable value</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 2.85pt 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="border: black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 50%; text-align: center; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal; border-image: none"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cash
    Flow Projection</b></font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 50%; text-align: center; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>By
    2057</b></font></td></tr>
<tr style="vertical-align: top">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Gross
    margin</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Estimated
    based on market study to capture cargo and operating costs according to market trend studies</font></td></tr>
<tr style="vertical-align: top">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Cost
    estimate</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Study-based
    costs and market trends</font></td></tr>
<tr style="vertical-align: top">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Perpetuity
    growth rate</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Growth
    rate was not considered as a result of the projection model until the end of the concession.</font></td></tr>
<tr style="vertical-align: top">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Discount
    rate</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Range
    from 5.83% to 7.41% in real terms</font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Additionally,
CSN, as an investor, carried out its impairment test of its interest in TLSA through the ability to distribute dividends by TLSA,
a methodology known as the Dividend Discount Model, or DDM, to remunerate the capital invested by its shareholders. For the performance
of this test, some factors were taken into account, such as:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The dividend flow
    was extracted from TLSA&#8217;s nominal cash flow;</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The dividend flow
    was calculated considering the percentages of annual participation, considering the dilutions of CSN&#8217;s participation
    resulting from the amortization of debts;</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">This dividend flow
    was then discounted to present value using the cost of equity (Ke) embedded in TLSA&#8217;s WACC rate; and</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">This extracted Ke
    was the one calculated in &#8220;<i>rolling WACC</i>&#8221; From TLSA.</font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Due
to the sharing of investors&#8217; risks and the fact that the asset being tested represents the cash-generating unit itself,
which in turn equals the legal entity, the risk determined by CSN&#8217;s Management is the same as that applied by TLSA when
evaluation of the investment of its own assets, with no additional risk factor to the model.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As
a result of the test carried out, it was not necessary to record losses due to <i>impairment</i> of this investment for the year
ended December 31, 2020.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#149;&#160;&#160;&#160;&#160;&#160;&#160;
EQUIMAC SA</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
August 2019, CSN Equipamentos SA was incorporated, which had its corporate name changed to Equimac SA (&#8220;Equimac&#8221;)
on June 26, 2020. The <i>joint venture</i> Equimac was created through a partnership between Unidas Guindastes Eireli and CSN,
each with a 50% stake in its share capital. Equimac is located in the city of S&#227;o Paulo and its main objective is to rent
commercial and industrial machinery and equipment.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>10.e)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Additional information
    on indirect participation in abroad operations</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#149;STAHLWERK
TH&#220;RINGEN GMBH (&#8220;SWT&#8221;)</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">SWT
was formed from the defunct Maxh&#252;tte steel industrial complex in the city of Unterwellenborn in Germany. SWT produces steel
profiles used for civil construction in accordance with international quality standards. Its main raw material is steel scrap,
and its installed production capacity is 1.1 million tons of steel / year. SWT is a wholly and indirectly controlled company through
CSN Steel SLU, a CSN subsidiary.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#149;COMPANHIA
SIDERURGICA NACIONAL - LLC (&#8220;CSN LLC&#8221;)</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Incorporated
in 2001 with the assets and liabilities of the defunct Heartland Steel Inc., CSN LLC, an industrial plant in Terre Haute, State
of Indiana - USA, where is the complex composed of cold rolling, hot coil stripping line and line of galvanizing, its installed
production capacity is 800 thousand tons / year. CSN LLC is wholly and indirectly controlled through CSN Steel SLU after the merger,
formerly CSN Americas SLU, a subsidiary of CSN.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On
June 5, 2018, CSN LLC had its corporate name changed to &#8220;Heartland Steel Processing, LLC&#8221;. On the same date, a new
company was created under the name &#8220;Companhia Sider&#250;rgica Nacional, LLC&#8221;, a wholly owned subsidiary of Heartland
Steel Processing, LLC. On June 28, 2018, Companhia Sider&#250;rgica Nacional, LLC., Became a wholly-owned subsidiary of CSN Steel,
and, on June 29, 2018, Heartland Steel Processing, LLC. was sold to Steel Dynamics, Inc. (&#8220;SDI&#8221;) for the base transaction
price of US$400 million.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
new &#8220;Companhia Sider&#250;rgica Nacional, LLC&#8221; is an importer and trader of steel products and maintains its activities
in the United States.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#149;LUSOSIDER
A&#199;OS PLANOS, SA (&#8220;Lusosider&#8221;)</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Founded
in 1996, in continuity with Siderurgia Nacional - a company privatized by the Portuguese government that year, Lusosider is the only
Portuguese industry in the steel sector to produce cold-rolled flat steel with an anti-corrosion coating. Lusosider has an installed
capacity of around 550 thousand tons / year to produce four major groups of steel products: galvanized sheet, cold rolled sheet, pickled
sheet and oiled sheet. The products manufactured by Lusosider can be applied in the packaging industry, civil construction (tubes and
metallic structures) and in home appliance components.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>10.f)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other investments</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#149;&#160;&#160;&#160;&#160;&#160;&#160;
PANATL&#194;NTICA SA (&#8220;Panatl&#226;ntica&#8221;)</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Publicly-held
corporation headquartered in Gravata&#237;-RS, whose purpose is the industrialization, trade, import, export and processing of
steel and metals, ferrous or non-ferrous, coated or not. This investment is classified at fair value through profit or loss.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company currently holds 11.31% on December 31, 2020 and 2019) of Panatl&#226;ntica&#8217;s total share capital.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#149;&#160;&#160;&#160;&#160;&#160;&#160;
USINAS SIDER&#218;RGICAS DE MINAS GERAIS SA - USIMINAS (&#8220;USIMINAS&#8221;)</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">USIMINAS
is headquartered in Belo Horizonte, State of Minas Gerais, with the objective of exploring the steel industry and related companies.
USIMINAS produces flat-rolled steel at the Intendente C&#226;mara and Jos&#233; Bonif&#225;cio de Andrada e Silva plants, located
in Ipatinga / MG and Cubat&#227;o / SP, respectively, for the domestic and export markets. It also owns and operates iron ore
mines located in the city of Ita&#250;na / MG, which aims to meet the strategies of verticalization and optimization of production
costs. USIMINAS maintains service and distribution centers located in various regions of the country, in addition to the ports
of Cubat&#227;o in S&#227;o Paulo and Praia Mole in Esp&#237;rito Santo, as strategic points for the flow of its production.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On
April 9, 2014, CADE issued a decision regarding the Usiminas shares held by CSN, and CSN signed a Performance Commitment Term
(&#8220;TCD&#8221;), with CADE in this regard. Pursuant to the decision of CADE and TCD, CSN must reduce its participation in
USIMINAS, within a specified period. The term and percentage of reduction are confidential. In addition, political rights at Usiminas
will remain suspended until the Company reaches the limits established in the TCD.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
December 2019, the Company opted to reclassify the investment measured at fair value through profit or loss to current assets
through a new decision by Management regarding the maintenance of shares in line with its asset sale strategy.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">USIMINAS
is listed on the S&#227;o Paulo Stock Exchange (&#8220;B3 SA&#8221;: USIM3 and USIM5).</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As
of December 31, 2020 and December 31, 2019, the Company&#8217;s stake in USIMINAS &#8216;capital was 15.19% in common shares and
20.29% in preferred shares.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#149;&#160;&#160;&#160;&#160;&#160;&#160;
ARVEDI METALFER DO BRASIL SA (&#8220;Arvedi&#8221;)</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt/115% Times New Roman, Times, Serif">Arvedi,
headquartered in Salto, State of S&#227;o Paulo, is engaged in pipe production</font><font style="font: 10pt Times New Roman, Times, Serif">.
As of December 31, 2020 and 2019, CSN had a 20.00% interest in Arvedi&#8217;s share capital.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equity
method of accounting</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
equity method of accounting for subsidiaries, jointly controlled and affiliated companies is applied. Other investments are held
at fair value or cost.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subsidiaries:
</b>They are entities in which the Company has significant influence over its financial and operating policies and / or potential
exercisable or convertible voting rights. Subsidiaries are fully consolidated from the date on which control is transferred to
the Company and cease to be consolidated on the date on which control ceases.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Jointly
Controlled:</b> are all entities in which the Company has jointly contractually controlled control with one or more parties and
can be classified as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><u>Joint
operations</u>: are accounted for in the financial statements to represent the Company&#8217;s contractual rights and obligations.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><u>Jointly
controlled entities</u>: are accounted for using the equity method and are not consolidated.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Affiliates:
are all entities in which the Company has significant influence, but not control. Usually, 20% to 50% voting interest investments
in associates are initially recognized at cost and subsequently measured using the equity method.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Exclusive
funds</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
exclusive funds are private investment funds in which CSN&#8217;s resources are allocated according to the Company&#8217;s intention.
They are managed by BNY Mellon Servi&#231;os Financeiros DTVM SA and Caixa Econ&#244;mica Federal (CEF).</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Transactions
between subsidiaries, affiliates, <i>joint ventures</i> and <i>joint operations</i></b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Unrealized
balances and gains on transactions with subsidiaries, joint ventures and associates are eliminated proportionally to CSN&#8217;s
interest in the entity in question in the consolidation process. Unrealized losses are eliminated in the same way as unrealized
gains, but only insofar as there is no evidence of impairment. The effects on the results of transactions with jointly controlled
subsidiaries are also eliminated, where part of the equity in results of jointly controlled entities is reclassified to financial
expenses, cost of products sold and income and social contribution taxes.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
subsidiaries and jointly controlled entities have the same reporting date and accounting policies as those adopted by the Company.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Foreign
currency transactions and balances</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
transactions in foreign currencies are translated into the functional currency using the exchange rates in effect at the dates
of the transactions or valuations when their values are remeasured. Foreign exchange gains and losses resulting from the settlement
of those transactions and from the translation at exchange rates in effect as of December 31, 2019 related to monetary assets
and liabilities denominated in foreign currencies are recognized in the income statement as financial result, except when they
are recognized in shareholders' equity as a result of foreign operation characterized as foreign investment.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt/115% Times New Roman, Times, Serif">According
to IAS 21 and IFRIC 22 &#8211; foreign currency transactions and advance consideration, the transactions in which the Company
recognizes a non-monetary asset or non-monetary liability involving prepayments or receipts in foreign currency are recorded at
the exchange rate of the date the entity initially recognized (transaction date) the non-monetary asset or non-current liability
monetary</font><font style="font: 10pt Times New Roman, Times, Serif">.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Impairment
testing</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Investments
are reviewed for verification of <i>impairment</i> whenever events or changes in circumstances indicate that the carrying amount
may not be recoverable. An impairment loss is recognized for the amount by which the asset's carrying amount exceeds its recoverable
amount.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>10.g)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investment property</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
balance of investment properties as of December 31, 2020 is shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom; background-color: white">
    <td style="width: 43%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="background-color: white">
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Land</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Buildings&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2019</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;68,877</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;32,318</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;101,195</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Cost</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top-color: black; vertical-align: bottom; text-align: right; padding-left: 12px; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;68,877</font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top-color: black; vertical-align: bottom; text-align: right; padding-left: 12px; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;53,816</font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top-color: black; vertical-align: bottom; text-align: right; padding-left: 12px; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;122,693</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Accumulated depreciation</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(21,498)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(21,498)</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2019</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;68,877</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;32,318</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;101,195</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Acquisitions</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;28,733</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;32,864</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">61,597</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Depreciation&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(2,786)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(2,786)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Write-off</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(132)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(132)</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2020</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;97,610</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;62,264</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;159,874</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Cost</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;97,610</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;86,548</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;184,158</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Accumulated
    depreciation</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(24,284)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(24,284)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2020</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;97,610</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;62,264</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;159,874</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company&#8217;s estimate of the fair value of investment properties was of R$1,863,563 at December 31, 2020 (R$1,781,019 at December
31, 2019).</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
average estimated useful lives for the years are as follows (in years):</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 47%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Buildings</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">27</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">21</font></td></tr>
</table>
<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company&#8217;s investment properties consist of land and buildings maintained to earn rental income and capital appreciation.
The measurement method used is that of the acquisition or construction cost less accumulated depreciation and reduction to its
recoverable value, when applicable. The accumulated depreciation of buildings is calculated using the straight-line method based
on the estimated useful life of the properties subject to depreciation. Land is not depreciated because it has an indefinite useful
life.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfJointVenturesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of joint ventures. [Refer: Joint ventures [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2020-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_17_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2020-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_16_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B4<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B4_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfJointVenturesExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>36
<FILENAME>R17.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189585464">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>11. PROPERTY, PLANT AND EQUIPMENT<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipmentAbstract', window );"><strong>Property, plant and equipment [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory', window );">PROPERTY, PLANT AND EQUIPMENT</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>11.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>PROPERTY, PLANT
    AND EQUIPMENT</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom; background-color: white">
    <td style="width: 21%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="background-color: white">
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Land</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Buildings
    and Infrastructure</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Machinery,
    equipment and facilities</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Furniture
    and fixtures</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Construction
    in progress</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Right
    of use (i)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
    (*)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;226,949</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,062,238</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;12,603,619</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;28,455</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,217,052</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>472,345</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;90,286</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>19,700,944</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Cost</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;226,949</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,250,471</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;24,372,514</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">170,229</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">3,217,052</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">531,044</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">386,144</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">33,154,403</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Accumulated
    depreciation</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(1,188,233)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(11,768,895)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(141,774)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(58,699)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(295,858)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(13,453,459)</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;226,949</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,062,238</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;12,603,619</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;28,455</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,217,052</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>472,345</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;90,286</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>19,700,944</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    of foreign exchange differences</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;30,271</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">57,838</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;186,591</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,416</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,727</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,329</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,823</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">287,995</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Acquisitions</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">654</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;865</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;122,744</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;874</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">1,583,054</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;49,934</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,156</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,762,281</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Capitalized
    interest (1) (notes 28 and 33)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;92,506</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;92,506</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Write-offs
    (note 27)</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(188)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(3,073)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(33)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(9)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(7,318)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,377)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(12,998)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Depreciation
    (note 26)</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(458)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(780,395)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,564,525)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(6,747)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(62,680)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(24,517)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,439,322)</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Transfers
    to other asset categories</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">458</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">67,574</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,112,024</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,338</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,212,373)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;30,979</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Transfers
    to intangible assets</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(4,633)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(4,633)</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Right
    of use - Remesurement</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;60,058</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;60,058</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Update
    of the ARO (Asset retirement obligation)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;269,445</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">269,445</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">3</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(6)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(2)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(48)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(53)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;257,686</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,677,565</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;12,457,383</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;26,297</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,680,322</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>516,668</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>100,302</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>19,716,223</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Cost</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;257,686</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,752,412</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;26,213,225</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">182,974</font></td>
    <td style="vertical-align: bottom; color: red; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">3,680,322</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">634,786</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">414,705</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">36,136,110</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Accumulated
    depreciation</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(2,074,847)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(13,755,842)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(156,677)</font></td>
    <td style="vertical-align: bottom; color: red; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(118,118)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(314,403)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(16,419,887)</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;257,686</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,677,565</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;12,457,383</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;26,297</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,680,322</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>516,668</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>100,302</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>19,716,223</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 12pt">
  <tr style="vertical-align: bottom; background-color: white">
    <td style="width: 34%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 5%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 6%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>Consolidated</b></font></td></tr>
  <tr style="background-color: white">
    <td style="vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Land</b></font></td>
    <td style="border-top: black 1pt solid; font-family: Times New Roman,serif; text-align: center"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Buildings and Infrastructure</b></font></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Machinery, equipment and facilities</b></font></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Furniture and fixtures</b></font></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Construction in progress</b></font></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Right of use (i)</b></font></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Other (*)</b></font></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Total</b></font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b>Balance at December 31, 2018</b></font></td>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;287,854</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>2,678,638</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;11,687,271</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>30,530</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>3,282,436</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b>&#160;&#160;-</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>80,135</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>18,046,864</b></font></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Cost</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;287,854</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">3,751,429</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;22,426,782</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;165,331</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">3,282,436</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;355,768</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">30,269,600</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Accumulated depreciation</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(1,072,791)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(10,739,511)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(134,801)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(275,633)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(12,222,736)</font></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b>Balance at December 31, 2018</b></font></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;287,854</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>2,678,638</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;11,687,271</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>30,530</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>3,282,436</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b>&#160;&#160;-</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>80,135</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>18,046,864</b></font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Effect of foreign exchange differences</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;1,499</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;2,978</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">8,033</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;106</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">2,464</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;56</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">15,136</font></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Acquisitions</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;6,125</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;16,116</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;459,460</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;1,763</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">1,924,520</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;43,111</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">41,574</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;2,492,669</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Capitalized interest (1) (notes 28 and 33)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;13.0</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;117,176</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;117,189</font></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Write-offs (note 27)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(2,143)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(130)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(80,426)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(1)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(30,400)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(1,354)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(149)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(114,603)</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Depreciation (note 26)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(135,313)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(1,241,026)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(5,999)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(58,843)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(25,038)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(1,466,219)</font></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Transfers to other asset categories</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;790</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">294,872</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">1,766,047</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;2,629</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(2,053,290)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(11,048)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Transfers to intangible assets</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(31)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(11,865)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(11,896)</font></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Right of use - initial recognition</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;640,989</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;640,989</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Right of use - Remesurement</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(151,558)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(151,558)</font></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Update of the ARO (Asset retirement obligation)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">225,125</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;225,125</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Transfers to investment property</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(67,176)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(20,030)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(13,989)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(101,195)</font></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Consolidation CBSI</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">4,940</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(573)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;4,756</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;9,123</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Others</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(680)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(680)</font></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b>Balance at December 31, 2019</b></font></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;226,949</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>3,062,238</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;12,603,619</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>28,455</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>3,217,052</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;&#160;472,345</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>90,286</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>19,700,944</b></font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Cost</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;226,949</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">4,250,471</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;24,372,514</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;170,229</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">3,217,052</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;531,044</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;386,144</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">33,154,403</font></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Accumulated depreciation</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(1,188,233)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(11,768,895)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(141,774)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(58,699.0)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(295,858)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(13,453,459)</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b>Balance at December 31, 2019</b></font></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;226,949</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>3,062,238</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;12,603,619</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>28,455</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>3,217,052</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;&#160;472,345</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>90,286</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>19,700,944</b></font></td></tr>
  </table>
<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
Refer substantially to: <b>i)</b> in the consolidated picture: assets for railway use, such as yards, rails, mines and dormant;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">(1)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">The cost of capitalized interest is calculated,
    basically, for Mining projects that substantially refer to the expansion of Casa de Pedra (MG) and TECAR (RJ) - see notes
    28 and 33. The average rate used for the capitalization of interest on non-specific projects in the period ended December
    31 2020 was 5.62% per year (6.58% per year as of December 31, 2019).</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(i)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Right of use</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Below
the movements of the right of use recognized on December 31, 2020 and 2019:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom; background-color: white">
    <td style="width: 41%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="background-color: white">
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Land</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Buildings
    and Infrastructure</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Machinery,
    equipment and facilities</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Others</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance at December
    31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;380,566</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>64,154</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>24,144</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,481</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;472,345</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Cost</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;401,746</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">73,344</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">39,455</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;16,499</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;531,044</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Accumulated
    depreciation</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(21,180)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(9,190)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(15,311)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(13,018)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(58,699)</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;380,566</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>64,154</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>24,144</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,481</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;472,345</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    of foreign exchange differences</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;988</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;294</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,047</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,329</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Addition</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">9,039</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,561</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">23,720</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;12,614</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">49,934</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Remesurement</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;34,645</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,827</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">21,557</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">29</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">60,058</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Depreciation&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(24,467)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(983)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(14,211)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(23,019)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(62,680)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Write-offs</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(6,580)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(399)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(339)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(7,318)</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Transfers to other asset categories</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(188)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(6,062)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(3,558)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9,808</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance at December
    31, 2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;393,015</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>66,086</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>51,946</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,621</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;516,668</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Cost</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;434,689</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;75,882</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;81,598</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;42,617</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">634,786</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Accumulated
    depreciation</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(41,674)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(9,796)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(29,652)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(36,996)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(118,118)</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;393,015</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>66,086</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>51,946</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,621</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;516,668</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom; background-color: white">
    <td style="width: 41%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Land</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>Buildings
    and Infrastructure</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>Machinery,
    equipment and facilities</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Initial recognition
    &#8211; Rights of use</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;556,133</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>54,513</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;9,783</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;20,560</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>640,989</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Addition</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;6,719</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">34,197</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,195</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;43,111</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Remeasurement</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(152,915)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12,112</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(4,525)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(6,230)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(151,558)</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Depreciation</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(21,314)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(9,190)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(15,311)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(13,028)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(58,843)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Write-off</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,338)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(16)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,354)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance at December
    31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;380,566</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>64,154</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>24,144</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,481</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>472,345</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Cost</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;401,746</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;73,344</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;39,455</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">16,499</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;531,044</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Accumulated depreciation</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(21,180)</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(9,190)</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(15,311)</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(13,018)</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(58,699)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance at December
    31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;380,566</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>64,154</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>24,144</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,481</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>472,345</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
average estimated useful lives for the years are as follows (in years):</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 47%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Buildings and Infrastructure<font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">34</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">38</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Machinery, equipment and facilities</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">21</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Furniture and fixtures</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">10</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">14</font></td></tr>
</table>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">(1)
The decrease was caused by the review of the useful lives of dams infrastructure as a result of technical and functional obsolescence
recorded in 2020 as a result of the use of filter and stack dry tailings in our iron ore production.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt/115% Times New Roman, Times, Serif">Property,
plant and equipment are carried at cost of acquisition, formation or construction, less accumulated depreciation or depletion
and any impairment loss. Depreciation is calculated under the straight-line method based on the remaining economic useful economic
lives of assets, as mentioned in note 9. The depletion of mines is calculated based on the quantity of ore mined. Land is not
depreciated since their useful life is considered indefinite. However, if the tangible assets are mine-specific, that is, used
in the mining activity, they are depreciated over the shorter between the normal useful lives of such assets and the useful life
of the mine. The Company recognizes in the carrying amount of property, plant and equipment the cost of replacement, and consequently
reducing the carrying amount of the part that is replaced if it is probable that future economic benefits embodied therein will
revert to the Company, and if the cost of the asset can be reliably measured. All other disbursements are expensed as incurred</font><font style="font: 10pt Times New Roman, Times, Serif">.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Capitalized interest</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Borrowing
costs directly attributable to the acquisition, construction and or production of qualifying assets are capitalized as part of
the cost of the asset when it is probable that they will result in future economic benefits and <font style="line-height: 115%">until
these projects are completed.</font></font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Development Costs
    of New Ore Deposits</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Costs
for the development of new ore deposits, or for the expansion of the capacity of the mines in operation are capitalized and amortized
by the method of units produced (extracted) based on the probable and proven quantities of ore.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Operating Expenses</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Exploration
expenses are recognized as expenses until the viability of the mining activity is established; after that period, subsequent costs
are capitalized.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Waste Removal
    Costs</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Expenses
incurred during the development phase of a mine, prior to the production phase, are accounted for as part of the depreciable development
costs. Subsequently, these costs are amortized over the useful life of the mine based on probable and proven reserves.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sterile Costs</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
waste disposal costs incurred in the production phase are added to the stock value, except when a specific extraction campaign
is carried out to access deeper deposits of the deposit. In this case, costs are capitalized and classified in non-current assets
and are amortized over the useful life of the deposit.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for property, plant and equipment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;doctype=Standard&amp;dita_xref=IAS16_g73-79_TI<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfPropertyPlantAndEquipmentExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipmentAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipmentAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>37
<FILENAME>R18.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189445928">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>12. INTANGIBLE ASSETS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsAbstract', window );"><strong>Disclosure of detailed information about intangible assets [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsExplanatory', window );">INTANGIBLE ASSETS</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>INTANGIBLE ASSETS</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 31%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Goodwill</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Customer
    relationships</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Software</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trademarks<br />and<br />patents</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Rights
    and licenses (*)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Others</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,606,156</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>246,139</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;53,859</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;153,103</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,170,960</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,564</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,231,781</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Cost&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,846,563</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;585,407</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">171,152</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">153,103</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,189,789</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,564</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;7,947,578</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Accumulated
    amortization&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(131,077)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(339,268)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(117,293)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(18,829)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(606,467)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Adjustment
    for accumulated recoverable value&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(109,330)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(109,330)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,606,156</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>246,139</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;53,859</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;153,103</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,170,960</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,564</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,231,781</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    of foreign exchange differences</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">94,998</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">584</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;62,429</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;638</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;158,649</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Acquisitions
    and expenditures</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">1,837</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,837</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Transfer
    of property, plant and equipment</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">633</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,000</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,633</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Amortization
    (note 26)</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(63,096)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(11,248)</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(5,611)</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(79,955)</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(151)</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(151)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,606,156</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>278,041</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;45,665</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;215,532</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,169,349</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;2,051</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,316,794</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Cost&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,846,563</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">823,540</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;182,059</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;215,532</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,193,787</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;2,051</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;8,263,532</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Accumulated
    amortization&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(131,077)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(545,499)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(136,394)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(24,438)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(837,408)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Adjustment
    for accumulated recoverable value&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(109,330)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(109,330)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,606,156</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>278,041</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;45,665</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;215,532</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,169,349</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;2,051</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,316,794</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 31%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Goodwill</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Customer
    relationships</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Software</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trademarks<br />and<br />patents</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Rights
    and licenses (*)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Others</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2018</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,590,931</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>288,773</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;54,972</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;150,009</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,166,999</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,491</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,253,175</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Cost&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,831,338</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;573,614</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;161,067</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">150,009</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,185,701</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,491</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;7,903,220</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Accumulated
    amortization&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(131,077)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(284,841)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(106,095)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(18,702)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(540,715)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Adjustment
    for accumulated recoverable value&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(109,330)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(109,330)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2018</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,590,931</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>288,773</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;54,972</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;150,009</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,166,999</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,491</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,253,175</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    of foreign exchange differences</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,711</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">3,092</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;33</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;7,839</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Acquisitions
    and expenditures</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">$0.00</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,387</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;40</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,427</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Transfer
    of property, plant and equipment</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">$0.00</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;7,808</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">4,088</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">11,896</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Amortization
    (note 26)</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(47,345)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(10,657)</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(127)</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(58,129)</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Goodwill
    - acquisition 50% CBSI (note 8.d)</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;15,225</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">15,225</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Consolidated
    CBSI on November 30, 2019</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;346</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;348</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,606,156</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>246,139</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;53,859</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;153,103</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,170,960</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,564</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,231,781</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Cost&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,846,563</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">585,407</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">171,152</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;153,103</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,189,789</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,564</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;7,947,578</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Accumulated
    amortization&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(131,077)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(339,268)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(117,293)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(18,829)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(606,467)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Adjustment
    for accumulated recoverable value&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(109,330)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(109,330)</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,606,156</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>246,139</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;53,859</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;153,103</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,170,960</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,564</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,231,781</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
Composed mainly of mining rights. Amortization is based on production volume.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
average useful life by nature is as follows (in years):</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 47%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Software</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">9</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">9</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Customer relationships</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13</font></td></tr>
</table>
<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Intangible
assets basically comprise assets acquired from third parties, including through business combinations. These assets are recorded
at acquisition or formation cost and deducted from amortization calculated using the straight-line method based on the economic
useful life of each asset, within the estimated periods of exploration or recovery.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Mineral
exploration rights are classified as rights and licenses in the intangible group.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Intangible
assets with an indefinite useful life are not amortized.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12.a)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Goodwill impairment
    test</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Goodwill
arising from expected future profitability of acquired companies and intangible assets with indefinite useful lives (brands) were
allocated to CSN&#8217;s cash generating units (CGUs) which represent the lowest level of assets or group of assets of the Company.
According to IAS36, when a CGU has an intangible asset with no defined useful life allocated, the Company must perform an impairment
test. The CGUs with intangible assets in this situation are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom; background-color: white">
    <td style="width: 23%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="background-color: white">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Goodwill</b></font></td>
    <td colspan="4" style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trademarks</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="vertical-align: middle">
    <td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cash
    generating of units</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Segment</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Packaging <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Steel&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;158,748</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;158,748</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;158,748</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;158,748</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Long steel <font style="font-weight: 400"><sup>(2)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Steel&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;235,595</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;235,595</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;215,532</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">153,103</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;451,127</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;388,698</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Mining <font style="font-weight: 400"><sup>(3)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Mining&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,196,588</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,196,588</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,196,588</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,196,588</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other Steel <font style="font-weight: 400"><sup>(4)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Steel&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;15,225</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;15,225</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;15,225</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;15,225</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,606,156</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,606,156</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;215,532</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>153,103</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,821,688</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,759,259</b></font></td></tr>
</table>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(1)
<font style="line-height: 115%">The goodwill of the Packaging cash-generating unit is shown net of impairment loss in the amount
of R$109,330, recognized in 2011</font>.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(2)
The goodwill and trademark that are recorded in line item intangible assets at long steel segment, those transactions are derived
from the business combination of Stahlwerk Thuringen GmbH ("SWT") and Gallardo Sections CSN. The assets mentioned are considered
to have indefinite useful lives as they are expected to contribute indefinitely to the Company's cash flows.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(3)
Refers to the goodwill based on expectations for future profitability, resulting from the acquisition of Namisa by CSN Minera&#231;&#227;o
concluded in December 2015, which recoverability is tested annually.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(4)
On November 29, 2019, CSN acquired the stake held by CKTR Brasil Servi&#231;os Ltda., corresponding to 50% of CBSI's shares, and
now holds 100% of CBSI's share capital.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
impairment testing of the goodwill and the trademark include the balance of property, plant and equipment of the cash-generating
units and the intangible assets. The test is based on the comparison between the actual balances and the value in use of those
units, determining based on the projections of discounted cash flows and use of such assumptions and judgements as: growth rate,
costs and expenses, discount rate, working capital, future Capex investment and macroeconomic assumptions observable in the market.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">The
main assumptions used in the calculation of the value in use on December 31, 2020, are as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="background-color: white">
    <td style="border: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 13%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal; border-image: none"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 15%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Packaging</b></font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 16%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Mining</b></font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 16%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
    Steelmaking</b></font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 16%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Flat
    Steel</b></font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 24%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Logistics</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Measurement
    of recoverable value</b></font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">DCF</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">DCF</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">DCF</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">DCF</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">DCF</font></td></tr>
<tr style="background-color: white">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cash
    Flow Projection</b></font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Until
    2030 + perpetuity</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Until
    2064</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Until
    2030 + perpetuity</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Until
    2030 + perpetuity</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">by
    2027</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Gross
    margin</b></font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Update
    of gross margin based on historical data, incorporation of the impacts of business restructuring and market trends.</font></td>
    <td style="font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">It
    reflects projection of costs due to the progress of the mining plan as well as startup and project ramp up. Prices and exchange
    rates projected according to sectoral reports.</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Update
    of gross margin based on historical data and market trends.</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Update
    gross margin based on historical data and market trends.</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Estimated
    based on market study to capture cargo and operating costs according to market trend studies</font></td></tr>
<tr style="background-color: white">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Update
    costs</b></font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Update
    of costs based on historical data for each product and incorporation of the impacts of business restructuring.</font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Update
    of costs based on historical data, progress of the mining plan as well as startup and project ramp up</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Update
    of costs based on historical data and market trends.</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Update
    of costs based on historical data and market trends.</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Study-based
    costs and market trends</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Perpetuity
    growth rate</b></font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">No
    growth.</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Without
    perpetuity.</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">No
    growth.</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Growth
    of 1.4% per year in real terms, updated by long-term inflation of 1.7% per year in the Eurozone.</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Without
    perpetuity.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="background-color: white">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 13%; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Discount
    Rate</b></font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; width: 87%; vertical-align: bottom; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">For
    packaging, cash flow was discounted using a discount rate of around 8% per year in real terms. For mining, flat steel and
    other steel (CBSI), cash flows were discounted using a discount rate between 7% to 9.5% pa in nominal terms. For logistics,
    cash flow was discounted using a discount rate between 5.87% to 6.40% pa in real terms. The discount rate was based on the
    weighted average cost of capital (&#8220;WACC&#8221;) which reflects the specific risk of each segment.</font></td></tr>
</table>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
refer to the assets of the subsidiary Lusosider, located in Portugal. The discount rate was applied to the discounted cash flow
prepared in Euros, the functional currency of this subsidiary.</font>&#160;</p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(**)
refer to the assets of the subsidiary FTL - Ferrovia Transnordestina Log&#237;stica SA</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">For
the subsidiary SWT long steel, the measurement of recoverable value was based on fair value and classified as Level 3, based on
unobservable inputs that reflect the assumptions that market participants would use for pricing, including risk assumptions and
discount rate.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Based
on the analyzes carried out by Management, it was not identified the need to record any impairment losses on the balances of these
assets in the year ended December 31, 2020.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Goodwill</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Goodwill
represents the positive difference between the amount paid and/or payable for the acquisition of a business and the net fair value
of assets and liabilities of the subsidiary acquired. Goodwill on acquisitions in business combinations is recorded as intangible
assets in the consolidated financial statements. The gain on bargain purchase is recorded as a gain in the income statement for
the period of the acquisition. Goodwill is tested for impairment annually or at any time when circumstances indicate a possible
loss. Recognized impairment losses on goodwill, if any, are not reversed. Gains and losses on the disposal of a Cash Generating
Unit ("CGU"), if any, include the carrying amount of goodwill related to the CGU sold.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Impairment of
    Non-financial Assets</b></font></td></tr>
</table>
<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">Assets
that have an indefinite useful life, such as goodwill, are not subject to amortization and are tested annually for impairment.
Assets that are subject to amortization and/or depreciation, such as fixed assets and investment properties, are reviewed for
impairment whenever events or changes in circumstances indicate that the carrying value may not be recoverable. An impairment
loss is recognized for the amount by which the asset's carrying amount exceeds its recoverable amount. The latter is the higher
of an asset's fair value less costs to sell and its value in use. For impairment assessment purposes, assets are grouped at the
lowest levels for which there are separately identifiable incoming cash flows (Cash Generating Units). Non-financial assets other
than goodwill that have suffered impairment are reviewed subsequently each year for possible reversal of the impairment.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfIntangibleAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfIntangibleAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfIntangibleAssetsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for intangible assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2020-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2020-en-r&amp;doctype=Standard&amp;dita_xref=IAS38_g118-128_TI<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfIntangibleAssetsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>38
<FILENAME>R19.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189589832">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>13. BORROWINGS AND FINANCING<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingAbstract', window );"><strong>Borrowings And Financing</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfBorrowingsExplanatory', window );">BORROWINGS AND FINANCING</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>13.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>BORROWINGS AND
    FINANCING</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
balances of loans, financing and debentures that are recorded at amortized cost are as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8.5pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 31%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Current
    Liabilities&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Noncurrent
    Liabilities&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-family: Albertus Medium; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Foreign Debt</b></font></td>
    <td style="font-size: 8pt; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Floating Rates:</b></font></td>
    <td style="font-size: 8pt; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Prepayment</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><sup>&#160;&#160;(1)</sup></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,119,558</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,769,975</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,457,105</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,563,928</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fixed
    Rates:</b></font></td>
    <td style="font-size: 8pt; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Bonds,
    Perpetual bonds and Advance on Foreign Exchange Contract</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><sup>&#160;&#160;(2)</sup></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;426,676</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,047,032</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;19,898,213</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;10,177,517</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Intercompany</font></td>
    <td style="font-size: 8pt; vertical-align: top; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fixed
    interest in EUR</b></font></td>
    <td style="font-size: 8pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Intercompany</font></td>
    <td style="font-size: 8pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Facility</font></td>
    <td style="font-size: 8pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;326,970</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;223,204</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;143,503</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;147,241</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,873,204</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;4,040,211</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;23,498,821</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;12,888,686</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Debt agreements
    in Brazil</b></font></td>
    <td style="font-size: 8pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Floating Rate Securities
    in R$:</b></font></td>
    <td style="font-size: 8pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">BNDES/FINAME,
    Debentures, NCE and CCB</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><sup>&#160;&#160;(3)</sup></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,282,279</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,086,985</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;7,716,307</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;10,049,783</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fixed
    Rate Securities in R$:</b></font></td>
    <td style="font-size: 8pt; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Intercompany</font></td>
    <td style="font-size: 8pt; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">25,038</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,282,279</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,112,023</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,716,307</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;10,049,783</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Borrowings and Financing</b></font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;4,155,483</b></font></td>
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,152,234</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;31,215,128</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;22,938,469</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Transaction Costs and
    Issue Premiums</font></td>
    <td style="font-size: 8pt; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(29,030)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(26,391)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(70,928)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(97,276)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Borrowings and Financing + Transaction cost</b></font></td>
    <td style="font-size: 8pt; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,126,453</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,125,843</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>31,144,200</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>22,841,193</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(1)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In 2020, the Company
    renegotiated part of the Prepayment debt in the total amount of U$311 million, postponing part of the maturities of 2020 and
    2021 to 2022.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In 2020, the Company
    issued debt securities representing the foreign market (&#8220;Notes&#8221;), through its subsidiary CSN Inova Ventures, with
    maturity in 2028 and interest rate of 6.75% per year, totaling US$1, 3 billion, of which US$1 billion in January and US$300
    million in November. Additionally, we used US$263 million in the repurchase offer (&#8220;Tender Offer&#8221;) of the Notes
    issued by CSN Resources SA in January 2020. All Notes mentioned above are unconditionally and irrevocably guaranteed by the
    Company.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(3)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In June 2020, the
    Company renegotiated a debt rollover in the amount of R$300 million, shifting the maturities of 2020 to the years 2021, 2022
    and 2023.</font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
following table shows the average interest rate:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; width: 42%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 28%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; width: 28%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Average
    interest rate (i)</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    debt</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">US$</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6.63%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;24,901,552</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">EUR</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1.50%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;470,473</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">R$</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2.82%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;9,998,586</font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;35,370,611</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 13.95pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">To determine the
    average interest rate on debt contracts with floating rates, the Company used the rates applied on December 31, 2020. In The
    Company, it considers the interest rate of the contracts <i>intercompany</i>.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>13.a)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Maturities of
    loans, financing and debentures presented in current and non-current liabilities</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 21%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 31%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 25%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; width: 20%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Principal</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Borrowings
    and financing in foreign currency</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Borrowings
    and financing in national currency</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2021</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,873,204</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,282,279</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,155,483</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2022</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,683,224</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,859,423</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,542,647</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2023</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,567,133</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,036,338</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,603,471</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2024</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">178,033</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,238,275</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,416,308</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2025</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;68,595</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;68,595</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2026</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,118,021</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;68,587</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,186,608</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">After 2026</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,755,710</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">445,089</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,200,799</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Perpetual bonds</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,196,700</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,196,700</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;25,372,025</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,998,586</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;35,370,611</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>13.b)Borrowing</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>and amortization,
    financing and debentures</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
following table shows amortization and funding during the year:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 44%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 27%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 27%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Opening balance</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>27,967,036</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>28,827,074</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">New debts</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;8,116,247</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">10,149,381</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Repayment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(6,448,658)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(11,775,093)</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Payments of charges</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,922,130)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(2,039,112)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Accrued charges (Note 28)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;2,002,052</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,996,305</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Consolidation of CBSI</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;19,722</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Others&#160;&#160;<font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;5,556,106</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;788,759</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Closing balance</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>35,270,653</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>27,967,036</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">1.</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">Including unrealized exchange and monetary variations
    and funding cost.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
2020, the Commpany entered into new debt agreements and amortized borrowings as shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm">&#149;<font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;
<b>Funding and Amortization</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 37%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 20%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 20%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 20%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Nature</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>New
    debts</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Repayment</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Interest
    payment</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="border-top-color: black; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Prepayment&#160;</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;177,420</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,028,606)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(245,125)</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Bonds, Perpetual bonds, ACC, CCE and Facility&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;7,917,929</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(4,458,888)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,237,396)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;BNDES/FINAME, Debentures, NCE and CCB&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;20,898</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(961,164)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(439,609)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;8,116,247</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(6,448,658)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(1,922,130)</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm">&#149;<font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;
<b>Covenants</b></font></p>

<p style="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company is compliant with its financial and non-financial obligations (covenants). On December 31, 2019, the Company has provisioned
R$10,531 for risk assumption.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
and financing are initially recognized at fair value, net of transaction costs and subsequently measured at amortized cost using
the effective interest and charge methods. Interest, commissions and possible financial charges are recorded pro-rata on an accrual
basis.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company's debt agreements establish the fulfillment of certain non-financial obligations, as well as maintenance of certain parameters
and performance indicators, such as disclosure of its audited financial statements according to regulatory deadlines or payment
of commission on risk assumption if certain financial indicators are triggered.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfBorrowingsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfBorrowingsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BorrowingsAndFinancingAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BorrowingsAndFinancingAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>39
<FILENAME>R20.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189552616">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsAbstract', window );"><strong>Disclosure of detailed information about financial instruments [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory', window );">FINANCIAL INSTRUMENTS</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>14.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>FINANCIAL INSTRUMENTS</b></font></td></tr>
</table>
<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>I
- Identification and valuation of financial instruments</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company may operate with several financial instruments, with emphasis on cash and cash equivalents, including financial investments,
marketable securities, accounts receivable from customers, accounts payable to suppliers and borrowings and financing. Additionally,
we may also operate with derivative financial instruments, such as swap exchange rate, swap interest and derivatives with commodities.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Considering
the nature of the instruments, the fair value is basically determined by the use of quotations in the capital markets in Brazil
and the Mercantile and Futures Exchange. The amounts recorded in current assets and liabilities have immediate liquidity. Considering
the term and characteristics of these instruments, fair values do not differ from the recorded amounts.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 21.3pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Classification
    of financial instruments</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 28%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 5%; vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td rowspan="3" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Notes</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair
    value through profit or loss</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Measured
    at amortized cost</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balances</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair
    value through profit or loss</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Measured
    at amortized cost</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balances</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assets</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Cash
    and cash equivalents</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">9,944,586</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">9,944,586</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,088,955</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,088,955</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Short-term
    investments</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;5</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,305,109</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">478,253</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,783,362</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,114,620</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">518,553</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,633,173</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    receivables</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;6</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,867,352</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,867,352</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,047,931</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,047,931</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Dividends
    and interest on equity</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;38,088</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;38,088</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;44,554</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;44,554</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,364</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,364</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Trading
    securities</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;5,065</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;5,065</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,034</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,034</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,310,174</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;13,328,279</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;16,638,453</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,120,018</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,699,993</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,820,011</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current</b></font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Investments</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;5</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">123,409</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">123,409</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;95,719</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;95,719</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    trade receivables</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,445</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,445</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;7,059</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;7,059</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Eletrobr&#225;s
    compulsory loan</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">852,532</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">852,532</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">845,284</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">845,284</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Receivables
    by indemnity</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">517,183</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">517,183</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Loans
    - related parties</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">966,050</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">966,050</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">846,300</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">846,300</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Investments</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;10</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;59,879</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;59,879</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;47,300</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;47,300</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,203</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,203</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;59,879</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,461,619</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,521,498</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;51,503</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,794,362</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,845,865</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Assets</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,370,053</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;15,789,898</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;19,159,951</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,171,521</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,494,355</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,665,876</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities</b></font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
    and financing&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;13</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,155,483</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,155,483</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,152,234</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,152,234</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    payables</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;17</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,819,539</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,819,539</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,012,654</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,012,654</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    payables -&#160;&#160;drawee risk</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;15</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">623,861</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">623,861</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,121,312</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,121,312</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Dividends
    and interest on capital</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;15</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">946,133</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">946,133</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;13,252</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;13,252</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Leases</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;16</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;93,626</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;93,626</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;35,040</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;35,040</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;8,722</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;8,722</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;8,722</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;10,638,642</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;10,647,364</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,334,492</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,334,492</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current</b></font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
    and financing&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;13</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;31,215,128</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;31,215,128</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;22,938,469</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;22,938,469</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    payables</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;17</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">543,527</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">543,527</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;97,535</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;97,535</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Leases</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;16</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">436,505</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">436,505</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">439,350</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">439,350</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;97,535</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;32,195,160</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;32,292,695</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;23,377,819</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;23,377,819</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Liabilities</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>106,257</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;42,833,802</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;42,940,059</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;32,712,311</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;32,712,311</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 21.3pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair value measurement</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
table below shows the financial instruments recorded at fair value through profit or loss, classifying them according to the fair
value hierarchy:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; width: 34%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 10%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 10%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    1</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    2</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balances</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    1</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    2</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balances</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assets</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets at fair value through profit or loss</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Financial
    investments</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,305,109</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,305,109</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;2,114,620</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,114,620</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,364</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,364</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Trading
    securities</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,065</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;5,065</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,034</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,034</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets at fair value through profit or loss</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Investments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;59,879</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">59,879</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;47,300</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">47,300</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,203</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,203</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Assets</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,370,053</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,370,053</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;2,165,954</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,567</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,171,521</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    liabilities at fair value through profit or loss</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,722</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;8,722</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    liabilities at fair value through profit or loss</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;97,535</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">97,535</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Liabilities</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;106,257</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;106,257</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
1</b> - Data are prices quoted in an active market for items identical to the assets and liabilities being measured.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
2</b> - Consider <i>inputs</i> observable in the market, such as interest rates, exchange rates, etc., but are not prices negotiated
in active markets.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">There
are no assets or liabilities classified as level 3.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>II
- Investments in securities valued at fair value through profit or loss </b></font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company has common shares (USIM3), preferred shares (USIM5) of Usiminas (&#8220;Usiminas shares&#8221;) and shares of Panatl&#226;ntica
SA (PATI3), which are designated as fair value through profit or loss.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Usiminas
shares are classified as current assets in financial investments and Panatl&#226;ntica shares are classified as non-current assets
under the investment item. They are recorded at fair value (<i>fair value</i>), based on the market price quote in B3.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
accordance with the Company&#8217;s policy, the gains and losses arising from the variation in the share price are recorded directly
in the income statement as financial result in the case of financial investments, or as other operating income and expenses in
the case of long-term investments.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Class
    of shares</b></font></td>
    <td style="border-top: black 0.5pt solid; font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="7" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="7" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-size: 11pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Quantity</b></font></td>
    <td style="font-size: 11pt; border-top-color: black; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equity
    interest (%)</b></font></td>
    <td style="font-size: 11pt; border-top-color: black; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Share
    price</b></font></td>
    <td style="font-size: 11pt; border-top-color: black; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Closing
    Balance</b></font></td>
    <td style="font-size: 11pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Quantity</b></font></td>
    <td style="font-size: 11pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equity
    interest (%)</b></font></td>
    <td style="font-size: 11pt; border-top-color: black; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Share
    price</b></font></td>
    <td style="font-size: 11pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Closing
    Balance</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair
    value adjustment recognized in profit or loss (note 27 and 28)</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="width: 10%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">USIM3</font></td>
    <td style="font-size: 11pt; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;107,156,651</font></td>
    <td style="font-size: 11pt; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">15.19%</font></td>
    <td style="width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;15.69</font></td>
    <td style="width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,681,288</font></td>
    <td style="width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;107,156,651</font></td>
    <td style="width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">15.19%</font></td>
    <td style="width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">9.87</font></td>
    <td style="width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,057,636</font></td>
    <td style="width: 1%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;623,652</font></td>
    <td style="width: 1%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(168,236)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">USIM5</font></td>
    <td style="font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;111,144,456</font></td>
    <td style="font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">20.29%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;14.61</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,623,821</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;111,144,456</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">20.29%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">9.51</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,056,984</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;566,837</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">32,232</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,305,109</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;2,114,620</b></font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,190,489</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(136,004)</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">PATI3</font></td>
    <td style="font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;2,065,529</font></td>
    <td style="font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">11.31%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;28.99</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;59,879</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;2,065,529</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">11.31%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;22.90</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;47,300</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12,579</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">17,224</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,364,988</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;2,161,920</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,203,068</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(118,780)</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>III
- Financial risk management:</b></font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company uses risk management strategies with guidance on the risks incurred by us. The nature and general position of financial
risks are regularly monitored and managed in order to assess results and the financial impact on cash flow. Credit limits and
hedge quality of counterparties are also reviewed periodically.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Market
risks are hedged when we consider necessary to support the corporate strategy or when it is necessary to maintain the level of
financial flexibility.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">We
are exposed to exchange rate, interest rate, market price and liquidity risks.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company may manage some of the risks through the use of derivative instruments not associated with any speculative trading or
short selling.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>14.a)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Exchange rate,
    market price and interest rate risk:</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 21.3pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Exchange rate
    risk</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
exposure arises from the existence of assets and liabilities denominated in Dollar or Euro, since the Company&#8217;s functional
currency is substantially the Real and is called natural exchange exposure. The net exposure is the result of the offsetting of
the natural exchange exposure by the instruments of <i>hedge</i> adopted by CSN.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
consolidated net exposure as of December 31, 2020 is shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="font-size: 12pt; width: 44%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 27%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 27%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Foreign
    Exchange Exposure</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>(Amounts
    in US$&#8217;000)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>(Amounts
    in &#8364;&#8217;000)</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Cash and cash equivalents overseas</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">664,951</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13,372</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Trade receivables</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">387,039</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;2,560</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Financial investments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;23,748</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Other assets&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9,158</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,474</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total Assets</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,084,896</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>20,406</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Borrowings and financing&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(4,812,268)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Trade payables</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(139,672)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(9,258)</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Iron ore derivative</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(172)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other liabilities</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(9,305)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,010)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total Liabilities</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(4,961,417)</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(10,268)</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: top; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Foreign
    exchange exposure</b></font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(3,876,521)</b></font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>10,138</b></font></td></tr>
<tr>
    <td style="vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Cash flow hedge
    accounting</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,992,200</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Exchange rate swap
    CDI x Dollar&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(67,000)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: top; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    foreign exchange exposure</b></font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;48,679</b></font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>10,138</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">CSN
uses as a strategy the <i>Hedge Accounting</i>, as well as derivative financial instruments to protect future cash flows.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity
analysis of Derivative Financial Instruments and Consolidated Foreign Exchange Exposure</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company considered scenarios 1 and 2 to be 25% and 50% deterioration for currency volatility, using the exchange rate closing
rate as of December 31, 2020 as a reference.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">The
currencies used in the sensitivity analysis and their respective scenarios are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 20%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 19%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 19%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 19%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 19%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Currency</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Exchange
    rate</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Probable
    scenario</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    1</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    2</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">USD</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5.1967</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5.2617</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;6.4959</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;7.7951</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">EUR</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;6.3779</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;6.3867</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;7.9724</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;9.5669</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">USD x EUR</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1.2271</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1.2124</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;1.5339</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1.8407</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.05pt"><font style="font: 10pt Times New Roman, Times, Serif">The
effects on the result, considering scenarios 1 and 2 are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.05pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 30%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Instruments</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Notional</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Risk</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Probable
    scenario (*) R$<br /></b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    1 R$</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    2 R$</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Gross exchange position</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(3,876,521)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Dollar</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(251,974)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(5,036,279)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(10,072,558)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Cash flow hedge accounting</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,992,200</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Dollar</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">259,493</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;5,186,566</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;10,373,133</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Exchange rate swap CDI x Dollar&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(67,000)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Dollar</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(4,355)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(87,045)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(174,089)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net exchange position</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>48,679</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Dollar</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,164</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>63,242</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;126,486</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net exchange position</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>10,138</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Euro</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>89</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>16,165</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>32,330</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Exchange rate swap
    Dollar x Euro&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>40,697</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Dollar</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,264</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>50,134</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>78,337</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
The probable scenarios were calculated considering the following variations for risks: Real x Dollar - devaluation of the Real
by 1.25% / Real x Euro - devaluation of the Real by 0.14% / Euro x Dollar - appreciation of Euro by 1.20%. Source: Central Bank
of Brazil and European Central Bank quotations on 1/14/2021.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Stock market
    price risks</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company is exposed to the risk of changes in share prices due to investments valued at fair value through the result that are
quoted based on the market price at B3.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity
analysis for stock price risks</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">We
present below the sensitivity analysis for share price risks. The Company considered scenarios 1 and 2 to be 25% and 50% devaluation
in the share price using the closing price on December 31, 2020 as a reference. The probable scenario considered a 5% devaluation
in the share price.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
effects on the result, considering the probable scenarios, 1 and 2 are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; width: 28%; vertical-align: bottom; font-weight: bold; text-align: left; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>Class
    of shares</b></font></td>
    <td style="width: 1%; vertical-align: bottom; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: left; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>Probable
    scenario</b></font></td>
    <td style="width: 1%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: left; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    1</b></font></td>
    <td style="width: 1%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: left; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    2</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="vertical-align: top; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;USIM3&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(84,064)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(420,322)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(840,644)</font></td></tr>
<tr>
    <td style="vertical-align: top; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;USIM5&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(81,191)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(405,955)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(811,910)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="vertical-align: top; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;PATI3&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,994)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(14,970)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(29,940)</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 21.3pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Interest rate
    risk:</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">This
risk arises from financial investments, borrowings and financing and debentures linked to the fixed and floating interest rates
of the CDI, TJLP and Libor, exposing these financial assets and liabilities to interest rate fluctuations as shown in the sensitivity
analysis table below.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity
analysis of changes in interest rates</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">We
present below the sensitivity analysis for interest rate risks. The Company considered scenarios 1 and 2 to be 25% and 50% deterioration
for interest rate volatility using the closing rate as of December 31, 2020 as a reference.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
interest rates used in the sensitivity analysis and their respective scenarios are shown below:</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="border-bottom: black 1pt solid; width: 36%; vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Interest</b></font></td>
    <td style="font-family: Calibri, Helvetica, Sans-Serif; width: 1%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Interest
    Rate</b></font></td>
    <td style="font-family: Calibri, Helvetica, Sans-Serif; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    1</b></font></td>
    <td style="font-size: 10pt; width: 1%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    2</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">CDI</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1.90%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2.38%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2.85%</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">TJLP</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.55%</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5.69%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6.38%</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">LIBOR</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.26%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.32%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.39%</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
effects on the result, considering scenarios 1 and 2 are shown below:</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="font-size: 10pt; width: 22%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 12%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 12%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 12%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 12%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 12%; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 12%; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Impact
    on profit or loss</b></font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Changes
    in interest rates</b></font></td>
    <td style="font-family: Calibri, Helvetica, Sans-Serif; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>%
    p.a</b></font></td>
    <td style="font-family: Calibri, Helvetica, Sans-Serif; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assets</b></font></td>
    <td style="font-family: Calibri, Helvetica, Sans-Serif; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Probable
    scenario (*)<br /></b></font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    1</b></font></td>
    <td style="border-top: black 0.5pt solid; font-size: 10pt; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    2</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">CDI</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1.90</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;5,779,452</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(9,104,416)</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(10,673)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(15,794)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(31,588)</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">TJLP</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4.55</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(817,374)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(2,155)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(9,298)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(18,596)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Libor</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;0.26</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(4,533,341)</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(43,321)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,920)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(5,840)</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
The sensitivity analysis is based on the premise of maintaining the market values as of December 31, 2020 as a probable scenario
recorded in the company&#8217;s assets and liabilities.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 21.3pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Market price
    risk:</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company is also exposed to market risks related to the volatility of commodity prices. In line with its risk management policy,
risk mitigation strategies involving commodities can be used to reduce cash flow volatility. These mitigation strategies may incorporate
derivative instruments, predominantly forward transactions, futures and options.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity
analysis for price risks &#8220;<i>Platts index&#8221;</i></b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Below
we present the sensitivity analysis for price risks. The Company considered scenarios 1 and 2 to be 25% and 50% increase in the
index <i>&#8220;Platts&#8221;</i> using the closing price as of December 31, 2020 as a reference.</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
effects on the result, considering scenarios 1 and 2 are shown below:</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="5" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; width: 37%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Maturity&#160;</b></font></td>
    <td style="width: 1%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 20%; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Probable
    scenario (*) R$&#160;</b></font></td>
    <td style="width: 1%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Scenario
    1 R$&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Scenario
    2 R$&#160;</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2/2/2021</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(33,677)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(120,262)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(240,524)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">3/2/2021</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(43,144)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(127,915)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(255,830)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(76,821)</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(248,177)</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(496,354)</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
The probable scenario was calculated considering the quotation of &#8220;<i>Platts</i>&#8221; on 1/14/2021 for the maturities
of 2/2/2021 and 3/2/2021. Source: Bloomberg.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
item 14.b), we show derivatives and hedging strategies to hedge against exchange and price risks and hedge price risk <i>Platts.</i></font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>14.b)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Instruments protection:
    Derivatives and <i>Hedge accounting</i> cash flow and <i>net </i>investment hedge in foreign subsidiaries</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">CSN
uses instruments to hedge against exchange rate risk, price risk <i>Platts</i> and interest rate risk, as shown in the following
topics:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#183;
<b>Derivative financial instruments portfolio position</b></font></p>

<p style="font: 9pt/115% Times New Roman, Times, Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>Swap
</i>exchange rate Dollar x Euro</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
subsidiary Lusosider has derivative transactions to hedge its dollar exposure against the euro.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>Swap
</i>exchange rate GBP (British Pound) x Euro</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
subsidiary Lusosider had derivative transactions to hedge its GBP exposure against the euro, it was settled in the third quarter
of 2020.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b><i>Swap
</i>exchange rate CDI x Dollar</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company has derivative transactions with Banco Bradesco to protect its debt in NCE raised in September 2019 with maturity in October
2023 in the amount of US$67 million (equivalent to R$278 million) at a cost compatible with that usually practiced by the Company.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 12pt">
  <tr>
    <td style="width: 26%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 17%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; width: 10%; border-bottom: black 1pt solid; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b>Consolidated</b></font></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>12/31/2020</b></font></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td colspan="3" style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Appreciation (R$)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Fair value (market)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Impact on financial income (expenses) in 2020</b></font></td></tr>
  <tr>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Counterparties</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Maturity</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Functional Currency</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Notional amount</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Asset position</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Liability position</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Amounts receivable / (payable)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Exchange rate swap Dollar x Euro&#160;</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif">04/26/2021 to 06/08/2021</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif">Dollar</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;17,377</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;90,315</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(93,823)</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(3,508)</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(4,749)</font></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Exchange rate swap Dollar x Euro&#160;</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif">01/06/2021 a 06/11/2021</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif">Dollar</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;23,320</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">121,207</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(125,528)</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(4,321)</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(4,321)</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b><i>Total dollar-to-euro swap</i></b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;40,697</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>211,522</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>(219,351)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>(7,829)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;(9,070)</b></font></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><i>Exchange rate swap GBP x Euro&#160;</i></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif">Settled</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif">GBP</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">3,956</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(602)</font></td></tr>
  <tr>
    <td colspan="3" style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b><i>Total Swap GBP x Euro</i></b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>3,956</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;(602)</b></font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><i>Exchange rate swap CDI x Dollar&#160;</i></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif">02/10/2023</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif">Dollar</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(67,000)</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">289,544</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(387,079)</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(97,535)</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(106,143)</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b><i>Total Swap CDI x dollar</i></b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>(67,000)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>289,544</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>(387,079)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;(97,535)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>(106,143)</b></font></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td></tr>
  <tr style="background-color: #D9E1F2">
    <td colspan="5" style="font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>501,066</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>(606,430)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;&#160;(105,364)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>(115,815)</b></font></td></tr>
  </table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cash flow hedge
    accounting</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Foreign
exchange hedge accounting</b></font></p>

<p style="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company formally designates relations of <i>hedge</i> of cash flows to protect highly probable future flows exposed to the dollar
related to sales made in dollars.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">With
the objective of better reflecting the accounting effects of the <i>hedge</i> exchange rate in the result, CSN designated part
of its dollar liabilities as an instrument of <i>hedge</i> future exports. As a result, the exchange rate variation resulting
from the designated liabilities will be transiently recorded in shareholders&#8217; equity and will be reflected in the income
statement when said exports occur, thus allowing the recognition of dollar fluctuations on liabilities and on exports to be recorded
at the same time. It is noteworthy that the adoption of this accounting <i>hedge</i> it does not imply the contracting of any
financial instrument.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
table below presents a summary of the relations of <i>hedge</i> as of December 31, 2020:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 10%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Designation
    Date</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Hedging
    Instrument</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Hedged
    item</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Type
    of hedged risk</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Hedged
    period</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Exchange
    rate on designation</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Designated
    amounts (US$&#8217;000)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Amortizated
    part (USD'000)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Effect
    on Result (*) (R$'000)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Impact
    on Shareholders' equity (R$'000)</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">12/18/2014</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;May
    2020&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">2.6805</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;30,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(30,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(82,374)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">12/18/2014</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;May
    2020&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">2.678</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;35,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(35,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(96,190)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">12/18/2014</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;May
    2020&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">2.676</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;35,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(35,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(96,261)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">07/21/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;July
    2019 - March 2021&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.1813</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;60,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(45,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(58,475)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(30,231)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">07/23/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;July
    2019 - March 2021&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.285</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;100,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(75,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(92,026)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(47,793)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">07/23/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;August
    2018 - October 2022&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.285</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;30,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(18,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(14,185)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(22,940)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">07/24/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;August
    2018 - October 2022&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.3254</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;100,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(60,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(46,474)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(74,852)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">07/27/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;August
    2018 - October 2022&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.3557</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;25,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(15,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(11,467)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(18,410)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">07/27/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;August
    2018 - October 2022&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.3557</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;70,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(42,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(32,108)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(51,548)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">07/27/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;August
    2018 - October 2022&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.3557</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;30,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(18,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(13,760)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(22,092)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">07/28/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;August
    2018 - October 2022&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.3815</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;30,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(18,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(13,605)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(21,782)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3/8/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;July
    2018 - October 2022&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.394</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;355,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(276,500)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(338,777)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(141,512)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">2/4/2018</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Bonds</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;July
    2018 - February 2023&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.3104</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,170,045</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(820,045)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(306,189)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(660,205)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">07/31/2019</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Bonds
    and Export prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;January
    2020 - April 2026&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.7649</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,342,761</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(247,061)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(329,966)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,568,823)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">10/1/2020</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Bonds
    without express maturity and Export prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;March
    2020 - December 2050&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">4.0745</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,416,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(102,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(136,029)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,474,571)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">01/28/2020</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Bonds</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;March
    2017 - January 2028&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">4.2064</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,000,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(990,299)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;5,828,806</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(1,836,606)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(1,667,886)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(5,125,058)</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
On December 31, 2020, the amount of (R$1,667,886) was recorded in Other Operating Expenses. As of December 31, 2019, (R$790,353).</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt/115% Times New Roman, Times, Serif">In
the hedging relationships described above, the amounts of the debt instruments were fully designated for equivalent iron ore export
portions</font><font style="font: 10pt Times New Roman, Times, Serif">.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt/115% Times New Roman, Times, Serif">The
changes in the hedge accounting amounts recognized in shareholders&#8217; equity as of December 31, 2020 are as follows</font>
<font style="font: 10pt Times New Roman, Times, Serif">:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 33%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 16%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 16%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 16%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 16%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Movement</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Realization</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Cash flow hedge accounting</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,255,770</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,537,174</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,667,886)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,125,058</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
realization of <i>Hedge accounting</i> cash flow is recognized in Other operating income and expenses, note 27.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As
of December 31, 2020, the hedging relationships established by the Company were effective according to the retrospective and prospective
tests performed. Thus, no reversal for hedge accounting ineffectiveness was recognized.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cash
flow hedge accounting - &#8220;Platts&#8221; index</b></font></p>

<p style="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company has iron ore derivative instruments, entered into by its subsidiary CSN Minera&#231;&#227;o S.A., in order to reduce the
volatility of its exposure to the commodity.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company formally designated the hedge relationship and, consequently, applied the hedge accounting with the derivative instrument
designated as hedging instrument and the Platts index applicable to a portion of its highly probable future sales of iron ore
was designated as the hedged item. Accordingly, fluctuations of the &#8220;<i>Platts</i>&#8221; index will be initially recorded
in the shareholders&#8217; equity as Other Comprehensive Income, and will be reclassified to the income statement when the referred
sales occur.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
table below shows the result of the derivative instrument on December 31, 2020 recognized in Other Comprehensive Income and, when
carrying out shipments, the amount reclassified to Other Operating Income and Expenses:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 21%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 13%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Appreciation
    (R$)&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Fair
    value (market)&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Other
    income and expenses&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Other
    comprehensive income&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Exchange
    variation&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Maturity&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Notional&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Asset
    position&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Liability
    position&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Amounts
    receivable / (payable)&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">09/02/2020 (Settled)</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Platts&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(31,678)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(136)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">10/02/2020 (Settled)</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Platts&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(132,997)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(9,051)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">11/04/2020 (Settled)</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Platts&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(85,164)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(7,301)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">12/02/2020 (Settled)</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Platts&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(33,310)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;52</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2/2/2021</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Platts&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">486,852</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(493,925)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(7,073)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(6,888)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(185)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2/3/2021</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Platts&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">527,684</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(521,504)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,180</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;6,063</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">117</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,014,536</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(1,015,429)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(893)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(283,149)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(825)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(16,504)</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
change in the amounts related to cash flow hedge accounting - &#8220;Platts&#8221; index recorded in shareholders&#8217; equity
on December 31, 2020 is shown as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 53%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-top: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Movement</b></font></td>
    <td style="border-top: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Realization</b></font></td>
    <td style="border-top: black 0.5pt solid; width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Cash flow hedge accounting&#160;&#160;&#8211;&#160;&#160;&#8220;Platts&#8221;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;283,974</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(283,149)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;825</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Income tax and social contribution on
    cash flow hedge accounting</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(96,551)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;96,271</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(280)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair
    Value of cash flow accounting - Platts, net</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;187,423</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(186,878)</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;545</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Cash
flow hedge accounting - index <i>&#8220;Platts&#8221; </i>has been fully effective since the inception of the derivative instruments.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company prepares formal documentation indicating how the designation of the <i>hedge accounting</i> cash flow - &#8220;Platts&#8221;
index is aligned with CSN&#8217;s risk management objective and strategy, identifying the hedging instruments used, the hedged
item, the nature of the risk to be hedged and demonstrating the effectiveness of the hedge relationships, debt instruments and
iron ore derivative instruments (index <i>&#8220;Platts&#8221;</i>) in amounts equivalent to the portion of future sales, comparing
the designated amounts with the expected values in accordance with its budgets.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company adopts the hedge accounting and designates certain financial liabilities as hedging instruments for foreign exchange commodity
price risks (&#8220;Platts&#8221; index) associated with expected cash flows from highly probable exports (cash flow hedge).</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company documents, at the beginning of the operation, the relationships between hedging instruments and hedged items as well as
the objectives of risk management and the strategy for carrying out these hedging relationships. In addition, we document our
assessment at the beginning of the hedging relationship, as well as during the life of the hedge to monitor the hedge effectiveness.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
amounts accumulated in net equity are realized to the operating results in the periods the forecasted exports affect the result.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">When
a hedge instrument expires or is settled in advance, or the hedge relationship no longer meets the <i>Hedge Accounting</i> or
even when management decides to discontinue the hedging relationship<i>,</i> any accumulated gain or loss existing in net equity
remains recorded in equity and, therefrom exchange rate changes are recorded in the financial results. When a forecast operation
is no longer expected to occur, the cumulative gain or loss that had been previously recorded in shareholders&#8217; equity is
immediately transferred to the income statement under &#8220;Other Operating Income and Expense&#8221;.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net investment
    hedge in foreign subsidiaries</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 12pt/115% Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt/115% Times New Roman, Times, Serif">CSN
has a natural foreign exchange exposure in Euros substantially arising from a loan made by a foreign subsidiary with functional
currency in Reais, for the acquisition of investments abroad whose functional currency is Euro. Such exposure arises from </font><font style="font: 10pt Times New Roman, Times, Serif">transla<font style="line-height: 115%">ting
the balance sheets of these subsidiaries for consolidation in CSN, and the exchange rate of the loans affected the income statement
in the financial result item and the exchange variation of the net assets of the foreign operation directly affected the equity
in other comprehensive income.</font></font></p>

<p style="font: 12pt/115% Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
order to eliminate this exposure and cover future fluctuations in the Euro on these loans, non-derivative financial liabilities
were designated, represented by loan contracts with financial institutions in the amount of &#8364; 120 million which matured
on January 31, 2020, when was settled financially.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 8%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 17%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 30%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Designation
    Date</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Hedging
    Instrument</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Hedged
    item</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Type
    of hedged risk</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Exchange
    rate on designation</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Designated
    amounts (EUR'000)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Impact
    on shareholders' equity</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">09/30/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Non-derivative
    financial liabilities in EUR &#8211; Debt contract</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Investments
    in subsidiaries which EUR is the functional currency</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. EUR spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.0825</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;120,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;6,293</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;120,000</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;6,293</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company designates for the <i>hedge</i> of net investment a portion of its financial liabilities as an instrument of <i>hedge
</i>of its investments abroad with a functional currency other than the Group&#8217;s currency in accordance with IAS39. This
relationship occurs because financial liabilities are related to investments in the amounts necessary for the effective relationship.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company documents, at the beginning of the operation, the relationships between the <i>hedge</i> and objects protected by <i>hedge</i>,
as well as the objectives of risk management and the strategy for carrying out credit operations. <i>hedge</i>. The Company also
documents its assessment, both at the beginning of the <i>hedge</i> as on a continuous basis, that the operations of <i>hedge
</i>are highly effective in compensating for variations in items protected by <i>hedge</i>.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
effective part of the changes in the fair value of the financial liabilities designated and qualified as <i>hedge</i> of net investment
is recognized in shareholders&#8217; equity, under the caption <i>Hedge Accounting</i>. Gains or losses related to the ineffective
part are recognized in Other Operating Income and Expense, when applicable. If at any point of the hedge relationship the debt
balance is higher than the investment balance, the exchange variation on the excess debt will be reclassified to the income statement
as other operating income / expenses (ineffectiveness of the <i>hedge</i>).</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
amounts accumulated in net equity will be realized in the income statement upon a total or partial sale of the foreign operation.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Classification
    of derivatives in the balance sheet and income</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; width: 23%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Instruments</b></font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="5" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
    operating income expenses</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
    comprehensive income</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    income (expenses), net (note 28)</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-style: italic; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Exchange
    rate swap Dollar x Euro&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(7,829)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(7,829)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(9,070)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;783</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-style: italic; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Exchange
    rate swap GBP x Euro&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(602)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-style: italic; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Exchange
    rate swap CDI x Dollar&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(97,535)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;(97,535)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(106,143)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,203</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-style: italic; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Iron
    ore derivative</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(893)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(893)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(283,149)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(825)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(16,504)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;(8,722)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(97,535)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;(106,257)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(283,149)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(825)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;(132,319)</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,986</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>14.c)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liquidity risk</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">It
is the risk that the Company may not have sufficient net funds to settle its financial commitments, as a result of the mismatch
of term or volume between expected receipts and payments.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Future
receipt and payment premises are established to manage cash liquidity in domestic and foreign currencies, which are monitored
on a day-to-day basis by the Treasury Department. The payment schedules for long-term installments of borrowings and financing
and debentures are presented in note 13.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
following are the contractual maturities of financial liabilities including interest.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 41%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>At
    December 31, 2020</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Less
    than one year</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>From
    one to two years</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>From
    two to five years</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Over
    five years</b></font></td>
    <td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="border-top: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings,
    financing and debentures (note 13)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,155,483</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;14,146,118</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,671,511</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;12,397,499</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;35,370,611</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Lease Liabilities (note 16)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;93,626</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;143,227</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;115,398</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;177,880</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;530,131</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Derivative financial instruments (note 14 I)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;8,722</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;97,535</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;106,257</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Trade payables (note 17)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,819,539</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;528,551</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;14,976</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,363,066</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Trade payables &#8211; Drawee risk (note 14
    I)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;623,861</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;623,861</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Dividends and interest on equity (note 15)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;946,133</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;946,133</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;10,647,364</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;14,817,896</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,899,420</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;12,575,379</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;42,940,059</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>IV
- Fair values of assets and liabilities in relation to the book value</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Financial
assets and liabilities measured at fair value through profit or loss are recorded in current and non-current assets and liabilities
and gains and losses are recorded as financial income and expenses, respectively.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
amounts are recorded in the financial statements at their amortized cost, which are substantially similar to those that would
be obtained if they were traded on the market. The fair values of other long-term assets and liabilities do not differ significantly
from their book values, except for the amounts below.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
estimated fair value for certain consolidated long-term borrowings and financing was calculated at current market rates, considering
the nature, term and risks similar to those of the registered contracts, as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 53%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Closing
    Balance</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair
    value</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Closing
    Balance</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair
    value</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Perpetual bonds</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,203,773</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,157,465</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,036,186</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,706,553</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Fixed Rate Notes</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;15,067,341</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;15,744,067</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;8,090,297</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;8,345,471</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Source:
Bloomberg</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>14.d)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Credit risk</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
exposure to credit risks of financial institutions complies with the parameters established in the financial policy. The Company
practices a detailed analysis of the financial position of its customers and suppliers, the determination of a credit limit and
the permanent monitoring of its outstanding balance.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">With
respect to financial investments, the Company only invests in institutions with low credit risk assessed by credit rating agencies.
Since part of the funds is invested in repo operations that are backed by Brazilian government bonds, there is also exposure to
the credit risk of the country.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As
for the exposure to credit risk in accounts receivable and other receivables, the Company has a credit risk committee, in which
each new customer is analyzed individually regarding their financial condition, before granting the credit limit and payment terms,
and periodically reviewed based on procedures and circumstances of each business area.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>14.e)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Capital management</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company seeks to optimize its capital structure in order to reduce its financial costs and maximize the return to its shareholders.
The table below shows the evolution of the Company&#8217;s consolidated capital structure, with financing by equity and third-party
capital:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="border-bottom: black 0.5pt solid; width: 68%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Thousands
    of reais</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Shareholder's equity (equity)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;11,251,505</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;11,361,932</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Borrowings and Financing (Third-party capital)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;35,270,653</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;27,967,036</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Gross Debit/Shareholder's equity</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3.13</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;2.46</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company&#8217;s financial instruments are classified according to the definition of the business model adopted by the Company
and the characteristics of the cash flow, in the case of financial assets.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Upon
initial recognition, financial assets can be classified into three categories: assets measured at amortization cost, fair value
through profit or loss and fair value through other comprehensive income.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Financial
assets are derecognized when the rights to receive cash flows of the investments have expired or been transferred; in the latter
case, provided that the Company has substantially transferred all risks and benefits of the property.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">If
the company substantially holds all the risks and rewards of ownership of the financial asset, it must continue to recognize the
financial asset.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Financial
liabilities are classified as amortized cost or fair value through profit or loss. Management determines the classification of
its financial assets and liabilities upon initial recognition.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Financial
liabilities are derecognized only when they are extinguished, that is, when the obligation specified in the contract is settled,
canceled or expires. The Company also derecognizes a financial liability when the terms are modified and the cash flows of the
modified liability are substantially different, in which case a new financial liability based on the modified terms is recognized
at fair value.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Financial
assets and liabilities are offset and the net amount is reported in the balance sheet when there is a legally enforceable right
to offset the recognized amounts and there is an intention to settle them on a net basis, or realize the asset and settle the
liability simultaneously.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Derivative
Financial Instruments and Hedging Activities</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Initially,
derivatives are recognized at fair value on the date that a derivative contract is entered into and are subsequently measured
at fair value with the changes recorded in the income statement in the caption Financial Result in the income statement, unless
a hedge designation is not formally applied.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for financial instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Section Scope<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;doctype=Standard&amp;dita_xref=IFRS07_g3-5A_TI<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>40
<FILENAME>R21.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189610680">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>15. OTHER PAYABLES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherPayablesAbstract', window );"><strong>Other Payables [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory', window );">OTHER PAYABLES</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>15.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>OTHER PAYABLES</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
other obligations classified in current and non-current liabilities have the following composition:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="5" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Payables to related parties (note 22 b)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">70,458</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">46,063</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">78,083</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">88,021</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Derivative financial instruments (note 14 I)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,722</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">97,535</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Dividends and interest on capital (note 14 I)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">946,133</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13,252</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Advances from customers <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,100,772</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">787,604</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,725,838</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,845,248</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Taxes in installments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">45,331</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">19,498</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">160,247</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">67,727</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Profit sharing - employees</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">150,341</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">162,866</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Taxes payable</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">38,493</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,805</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Provision for consumption and services</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">175,242</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">204,299</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Third party materials in our possession</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">84,832</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">78,820</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Trade payables - Drawee Risk (note 17)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">623,861</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,121,312</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Trade payables (note 17)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">543,527</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Lease Liabilities (note 16)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;93,626</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;35,040</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">436,505</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">439,350</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other payables</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;58,321</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;57,690</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">65,108</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">44,551</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,357,639</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,526,444</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,145,336</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,493,702</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">1.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Advances from customers:
    During 2019, the subsidiary CSN Minera&#231;&#227;o entered into an agreement with a major international player for the supply
    of approximately 22 million tons of iron ore and an additional supply of 11 million tons of iron ore. Accordingly, CSN Minera&#231;&#227;o
    S.A. received in advance the amounts of US$496 million (R$1,951,303) and US$250 million (R$956,440) on March 29, 2019 and
    August 5, 2019, respectively. The term for the execution of the contracted volumes is 5 years. Finally, on September 16, 2019,
    the parties again amended the contract to adjust the delivery conditions for iron ore. In July 2020, the subsidiary concluded
    the contract for the additional supply of approximately 4 million tons of iron ore, which was received in advance, on August
    28, 2020, the amount of US$115 million (R$629 million). The term for the execution of the contract is 3 years.</font></td></tr>
</table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of trade and other payables. [Refer: Trade and other payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTradeAndOtherPayablesExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherPayablesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherPayablesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>41
<FILENAME>R22.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026193524872">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>16. LEASES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PresentationOfLeasesForLesseeAbstract', window );"><strong>Presentation of leases for lessee [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfLeasesExplanatory', window );">LEASES</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>16.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>LEASES</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">Lease
liabilities are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 69%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Leases</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,623,523</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,501,960</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Present value adjustment - Leases</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,093,392)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,027,570)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;530,131</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;474,390</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Classified:</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Current</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;93,626</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;35,040</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Non-current</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;436,505</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;439,350</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;530,131</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;474,390</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company adopted IFRS 16 as of January 1, 2019, using the modified retrospective approach that does not require the presentation
of comparative balances. As a result of adopting IFRS 16, the Company changed the accounting policy for lease agreements.</font></p>

<p style="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">The
Company has lease agreements for port terminals in Itagua&#237;, the Solid Bulk Terminal - TECAR, used for loading and unloading
coal and iron ores and the Container Terminal - TECON, with remaining terms of 27 and 31 years, respectively, and lease agreement
for railway operation using the Northeast network with a remaining term of 7 years.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">Additionally,
the Company has property lease agreements, used as operational facilities and administrative and sales offices, in several locations
where the Company operates, with remaining terms of 2, 5 and 15 years.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">CSN
also has lease contracts for operating equipment, used in mining operations and in the steel industry, with terms of 2 to 5 years.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">The
present value of future obligations was measured using the implicit rate observed in the contracts and for contracts that did
not have a rate, the Company applied the incremental rate of loans - IBR, both in nominal terms.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">The
incremental loan rate - IBR was acquired through consultation with the Company&#8217;s relationship banks according to the average
term of the contracts, according to the guidelines of Official Letter / CVM / SNC / SEP No. 02/2019.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">The
average incremental rate used to measure lease and use liabilities over the term of the five-year contract is 8.28%</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">The
movement of lease liabilities is shown in the table below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 69%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Opening balance</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;474,390</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;640,989</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">New leases</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;52,835</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;106,584</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Present Value Adjustments - New leases</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(6,511)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(54,080)</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Contract review</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;63,250</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(175,609)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Write-off</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(7,757)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,374)</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Payments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(103,648)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(94,727)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Interest appropriated</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;54,236</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;52,607</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Exchange variation</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,336</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    balance</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;530,131</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;474,390</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">The
estimated future minimum payments for the lease agreements include variable payments, fixed in essence when based on minimum performance
and contractually fixed rates.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">As
of December 31, 2020 are the following:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 53%; vertical-align: middle; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Less
    than one year</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Between
    one and five years</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Over
    five years</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Leases</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;98,788</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;368,659</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,156,076</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,623,523</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Present value
    adjustment - Leases</font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(5,162)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(110,034)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(978,196)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,093,392)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;93,626</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;258,625</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;177,880</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;530,131</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; background-color: white; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 2.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 22.65pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>Recoverable PIS / COFINS</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">Lease
liabilities were measured at the amount of consideration with suppliers, that is, without considering the tax credits incurred
after payment. The potential right of PIS and COFINS embedded in the lease liability is shown below.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 69%; vertical-align: middle; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Leases</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,603,100</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,489,789</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Present value adjustment - Leases</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;(1,091,275)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,026,919)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Potencial PIS and COFINS credit</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;148,287</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;137,805</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Present value adjustment &#8211; Potential PIS
    and COFINS credit</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(100,943)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(96,461)</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; background-color: white; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 2.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 22.65pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>Lease payments not recognized as a liability:</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">The
Company chose not to recognize lease liabilities in contracts with a term of less than 12 months and for low value assets. Payments
made for these contracts are recognized as expenses when incurred.&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">The
Company has contracts for the right to use ports (TECAR) and railways (FTL) which, even if they establish minimum performance,
it is not possible to determine its cash flow since these payments are fully variable and will only be known when they occur.
In such cases, payments will be recognized as expenses when incurred.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">The
expenses related to payments not included in the measurement of the lease liability during the year are:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 69%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Contract less than 12 months&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;549</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;10,819</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Lower Assets value&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;9,563</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,853</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Variable lease payments&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;270,449</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;177,460</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;280,561</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;192,132</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
accordance with the guidelines of IFRS 16, the Company uses the discounted cash flow technique to measure and remeasured liabilities
and use rights, without considering the projected inflation in the flows to be discounted.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Considering
Circular Letter / CVM / SNC / SEP No. 02/2019, the Company discloses below the comparative balances of lease liabilities, right
to use, financial expenses and depreciation expenses with the use of rates in real terms to discount a present value of flows
also in real terms.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="background-color: white">
    <td style="width: 53%; vertical-align: middle; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font: 10pt Calibri, Helvetica, Sans-Serif; width: 11%; vertical-align: bottom; text-align: left; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font: 10pt Calibri, Helvetica, Sans-Serif; width: 1%; vertical-align: bottom; text-align: left; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font: 10pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: left; padding-left: 36px; background-color: white; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font: 10pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: left; padding-left: 36px; background-color: white; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; color: rgb(51,51,51); text-align: center; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; color: rgb(51,51,51); text-align: center; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; color: rgb(51,51,51); text-align: center; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Rate
    in nominal terms and actual flow</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Rate
    and actual flow in nominal terms</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Rate
    in nominal terms and actual flow</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Rate
    and actual flow in nominal terms</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif">Lease Liability</font></td>
    <td style="color: rgb(51,51,51); text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">530,131</font></td>
    <td style="color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: rgb(51,51,51); text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;595,193</font></td>
    <td style="color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: rgb(51,51,51); text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">474,390</font></td>
    <td style="color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: rgb(51,51,51); text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">579,390</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Right of net
    use</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">511,882</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;547,671</font></td>
    <td style="vertical-align: middle; color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">472,345</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">567,905</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Financial expenses</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(50,513)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(63,744)</font></td>
    <td style="vertical-align: middle; color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(49,118)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(57,556)</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Depreciation&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(57,342)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(59,560)</font></td>
    <td style="vertical-align: middle; color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(53,826)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(57,356)</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
order to measure the balances using the rate in real terms, the inflation projection (IPCA) released by the Central Bank of Brazil
was used.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">The
Company analyzed CVM Deliberation No. 859, of July 7, 2020, which alters IFRS 16 with guidelines for recognizing the possible
impacts generated by contractual changes as a result of COVID-19, however we do not have any material changes to the contracts
current lease terms.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">When
entering into a contract, the Company assesses whether the contract is, or contains, a lease. The lease is characterized by a
lease or transmission of the right to use for a fixed period in exchange for monthly payments. The leased asset must be clearly
specified.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company determines in the initial recognition, the lease term or non-cancellable term, which will be used in the measurement of
the right to use and the lease liability. The lease term will be reevaluated by the Company when a significant event or significant
change occurs in the circumstances that are under the control of the lessee and affects the non-cancellable term. The Company
adopts exemption from recognition, as provided for in the standard, for the lessee of contracts with terms of less than 12 (twelve)
months, or whose underlying asset object of the contract is of low value.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">At
inception, the Company recognizes the right to use the asset and the lease liability at present value. The right-to-use asset
should be measured at cost. The cost includes the lease liability, upfront costs, advance payments, estimated costs to dismantle,
remove or restore. The lease liability is measured at the present value of the lease payments expected to be made during the life
of the agreement, discounted at the implicit interest rate of the lease or, if the rate is not determinable, an incremental rate
will be used to determine the present value.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">For
contracts that the Company determines the business rate, it is understood that this rate is the rate implied in nominal terms
and to which it is applied in discounting the flow of future payments. In contracts with no rate definition, the Company applied
the incremental loan rate, obtaining it through consultations with banks where it has a relationship, adjusted for the inflation
forecast for the coming years.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">For
the subsequent measurement, the cost method to the right-of-use asset is used and, in depreciation, the requirements of IAS 16
- Property, Plant and Equipment are applied. However, for the purpose of depreciation, the Company determines the use of the straight-line
method based on the remaining useful life of the assets or the term of the contract, whichever is the shorter.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
effects of PIS and COFINS recoverable generated after the effective payment of the obligations will be recorded as a reduction
of the depreciation expenses of the right to use and of the financial expenses recognized monthly.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">IAS
36 - Impairment of Assets will also be applied in order to determine whether the right-of-use asset has impairment problems and
to account for any impairment loss identified.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfLeasesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for leases.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Section Presentation<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;doctype=Standard&amp;dita_xref=IFRS16_g47-50_TI<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;doctype=Standard&amp;dita_xref=IFRS16_g51-60_TI<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfLeasesExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PresentationOfLeasesForLesseeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PresentationOfLeasesForLesseeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>42
<FILENAME>R23.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189610680">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>17. TRADE PAYABLES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TradePayablesAbstract', window );"><strong>Trade Payables</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfTradePayablesExplanatory', window );">TRADE PAYABLES</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>17.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>TRADE PAYABLES</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 53%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Trade payables</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,893,589</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,012,654</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;594,051</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">(-) Adjustment present value</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(74,050)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(50,524)</font></td></tr>
<tr style="background-color: rgb(220,230,241); vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,819,539</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,012,654</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;543,527</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Trade
payables are initially recognized at fair value, and subsequently measured at amortized cost, using the effective interest rate
method and adjusted to present value when applicable, based on the estimated rate of the Company&#8217;s cost of capital.</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company classifies drawee risk operations with suppliers in other liabilities as per note 15. These are negotiated with financial
institutions, by which suppliers anticipate receivables and, on the other hand, extend our payment terms. The effective prepayment
of receivables depends on acceptance by the suppliers, given that their participation is not mandatory. The Company is not reimbursed
and / or benefited by the financial institution for discounts for payment executed before the maturity date agreed with the supplier,
there is no change in the degree of subordination of the security in the event of judicial execution, nor changes in the existing
commercial conditions between Company and its suppliers.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfTradePayablesExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for trade payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfTradePayablesExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TradePayablesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TradePayablesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>43
<FILENAME>R24.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189487256">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>18. INCOME TAX AND SOCIAL CONTRIBUTIONS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAbstract', window );"><strong>Income Tax And Social Contributions</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfIncomeTaxAndSocialContributionExplanatory', window );">INCOME TAX AND SOCIAL CONTRIBUTIONS</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>18.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>INCOME TAX AND
    SOCIAL CONTRIBUTIONS</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>18.a)Tax</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>of income and
    social contribution recognized in profit or loss:</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
income tax and social contribution recognized in net income for the year are as follows:</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 53%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td colspan="4" style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Income
    tax and social contribution income (expense)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: white">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Current</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(2,052,204)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,564,622)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(827,229)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Deferred</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,426,696</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;2,398,400</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;576,895</font></td></tr>
<tr style="vertical-align: middle; background-color: white">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(625,508)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;833,778</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(250,334)</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
reconciliation of income and social contribution expenses and income of the consolidated and the product of the current tax rate
on income before income tax and social contribution are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="border-bottom: black 1pt solid; width: 59%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 13%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 1%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 1%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Income before income
    tax and social contribution</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;4,918,126</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,410,733</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,450,917</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Tax
    rate</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">34%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">34%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">34%</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Income tax and
    social contribution at combined statutory rate</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(1,672,163)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(479,649)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(1,853,312)</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Adjustment to reflect
    the effective rate:</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Equity
    in results of affiliated companies</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">28,391</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">46,737</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">50,134</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Profit
    with differentiated rates or untaxed</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(519,840)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(236,404)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(46,006)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Transfer
    price adjustment</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(15,645)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(18,494)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(74,836)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Tax
    loss carryforwards without recognizing deferred taxes</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(27,758)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(21,095)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(27,683)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Indebtdness
    limit</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(25,087)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(20,393)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(38,486)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Unrecorded
    deferred taxes on temporary differences</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;5,142</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(2,835)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(11,964)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Reversal
    for deferred income tax and social contribution credit</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,540,087</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,530,185</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,807,909</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Income
    taxes and social contribution on foreign profit</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(13,011)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(14,424)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(30,219)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Tax
    incentives</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">64,818</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">39,042</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">36,710</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
    taxes on exchange variation in equity</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(43,667)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Interest
    on equity</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">17,177</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">22,107</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    permanent deductions (additions)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(7,619)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(10,999)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(18,914)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Income tax and
    social contribution in net income for the year</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(625,508)</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;833,778</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(250,334)</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Effective
    tax rate</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>13%</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>-59%</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>79%</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>18.b)Deferred</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>income tax and
    social contribution</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
income tax and social contribution balances are as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 42%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 5%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 6%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 6%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 6%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 3%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 6%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Movement</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-top: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Movement</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Shareholders'<br />Equity</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>P&#38;L</b></font></td>
    <td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Others</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Shareholders'<br />Equity</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>P&#38;L</b></font></td>
    <td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Others</b></font></td>
    <td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Deferred</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">Income
    tax losses</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;959,240</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;651,561</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,610,801</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;238,198</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,848,999</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Social
    contribution tax losses</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;367,358</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;242,688</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;610,046</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;78,162</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;688,208</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Temporary
    differences</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(1,838,935)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(2,357)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,504,151</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>59</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(337,082)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(59,380)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,110,336</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,029</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;718,903</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Provision for tax. social security, labor, civil and environmental risks</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;334,380</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(70,367)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;264,013</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;15,136</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;279,149</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Asset impairment losses</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;181,516</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">915</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;182,431</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(26,444)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,029</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;161,016</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    (Gains)/losses on financial instruments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;359,776</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;54,719</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;414,495</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(409,468)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;5,027</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Actuarial liability (pension and healthcare plan)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;276,032</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">38,569</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;314,601</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(44,732)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(7,412)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;262,457</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Accrued supplies and services</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;95,644</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;36,767</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;132,411</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;22,041</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;154,452</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Unrealized exchange variation <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,010,532</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;170,969</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,181,501</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(29,175)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,152,326</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Gain upon loss of control in Transnordestina</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(92,180)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(92,180)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(92,180)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Cash flow hedge accounting</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;490,041</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(63,080)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;426,961</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,315,839</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,742,800</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Acquisition at fair value of SWT and CBL</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(172,114)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(52,071)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;39,672</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(184,513)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(57,651)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;30,149</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(212,015)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Deferred taxes not computed</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(252,940)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(39,021)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(291,961)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(25,966)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(317,927)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    (Losses) estimated /reversals to deferred taxes credits</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(3,086,572)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">25,159</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,435,415</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,625,998)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,270,110)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,548,640</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,347,468)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Business Combination</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,030,812)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,471</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,023,341)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,292</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,015,049)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Consolidation of CBSI</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(12)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">62</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;50</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;50</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Others</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;47,762</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">49,066</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(132,377)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(3)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(35,552)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,726)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(15,457)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(53,735)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(512,337)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(2,357)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;2,398,400</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>59</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,883,765</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(59,380)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,426,696</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,029</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,256,110</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Total
    Deferred Assets</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;89,394</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;2,473,304</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,874,946</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Total
    Deferred Liabilities</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(601,731)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(589,539)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(618,836)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Deferred</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(512,337)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,883,765</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,256,110</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(1)
The Company taxes exchange variations on a cash basis to calculate income tax and social contribution on net income.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company has in its corporate structure subsidiaries abroad, whose income are taxed by the income tax in the respective countries
where they were constituted at rates lower than those in force in Brazil. In the period between 2015 and 2020, these subsidiaries
generated income in the amount of R$1,284,483. If the Brazilian tax authorities understand that these profits are subject to additional
taxation in Brazil for income tax and social contribution, these, if due, would reach approximately R$412,420. The Company, based
on the position of its legal advisors, assessed only the likelihood of loss as possible in the event of possible tax questioning
and, therefore, no provision was recognized in the financial statement.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
addition, management evaluated the precepts of IFRIC 23 - &#8220;Uncertainty Over Income Tax Treatments&#8221; and considers that
there are no reasons for the tax authorities to differ from the tax positions adopted by the Company. Accordingly, no additional
provisions for income tax and social contribution were recognized as a result of the assessment of the application of IFRIC 23
in the financial statement at December 31, 2020.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">A
sensitivity analysis of consumption of tax credits was carried out considering a variation in macroeconomic assumptions, operating
performance and liquidity events. Thus, considering the results of the study carried out, which indicates that it is probable
the existence of taxable profit to use the balance of deferred income tax and social contribution.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
estimated recovery of deferred tax assets of IRPJ and CSLL are netted when referring to a single jurisdiction as shown in the
table below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 84%; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>In
    millions of reais</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2021</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,018</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2022</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">1,315</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2023</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,257</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2024</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">495</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2025</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">618</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Deferred
    asset</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,703</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Deferred liabilities - Parent Company</font></td>
    <td style="border-top-color: black; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(828)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    deferred asset</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,875</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Deferred liabilities - subsidiaries</font></td>
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(619)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    deferred asset</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,256</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>18.c)Income</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>tax and social
    contribution recognized in equity:</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Income
tax and social contribution recognized directly in equity are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 75%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 12%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 12%; font-weight: bold; color: rgb(51,51,51); text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Income tax and
    social contribution</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Actuarial
    gains on defined benefit pension plan</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;170,604</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;215,306</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Estimated
    losses for deferred income and social contribution tax credits - actuarial gains</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(172,520)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(217,969)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Exchange
    differences on translating foreign operations&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(325,350)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(325,350)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Cash
    flow hedge accounting</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,742,765</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;426,961</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Estimated
    losses for deferred income and social contribution tax credits - cash flow hedge</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,742,520)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(426,961)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(327,021)</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(328,013)</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>18.d)Test</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>of recoverability
    of income tax and social contribution of deferred assets</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company's management constantly evaluates the ability to use its tax credits. In this direction, CSN periodically updates a technical
study to demonstrate if the generation of future taxable profits support the realization of tax credits and, consequently support
the accounting recognition of tax credits, the maintenance on the balance sheet or the constitution of a provision for loss in
the realization of these credits.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">This
study is prepared at Entity level, in accordance with the Brazilian tax legislation, and is performed considering the Company&#8217;s
projections, which is the entity that generates a significant amount of tax credits, mainly, temporary differences. The Company
covers the following businesses.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
income tax / social contribution on tax losses and temporary differences refers mainly to the following items:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="border-right: black 1pt solid; width: 11%; text-align: center; padding-left: 5.4pt; line-height: 115%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 18%; text-align: center; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Nature</b></font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 71%; text-align: center; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Brief
    description</b></font></td></tr>
<tr style="vertical-align: top">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: justify; padding-left: 5.4pt; line-height: 115%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 5.4pt; padding-right: 5.4pt"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Tax
        losses</font></p>
        <p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">The
    Company incurs tax losses in the Parent Company as a result of financial expenses on its indebtedness, since it substantially
    holds all the loans and financing of the CSN Group. However, the Parent Company reported taxable income in two quarters of
    2020.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; width: 11%; text-align: justify; padding-left: 5.4pt; line-height: 115%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; width: 18%; text-align: center; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Exchange
    variation expenses</font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; width: 71%; text-align: justify; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Since
    2012, the Company has opted for taxing exchange rate variations on a cash basis. As a result, taxes are due and expenses are
    deductible when the underlying asset or liability is settled.</font></td></tr>
<tr style="vertical-align: top">
    <td style="border-right: black 1pt solid; border-left: black 1pt solid; padding-left: 5.4pt; padding-right: 5.4pt"><p style="font: bold 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Differences</b></font></p>
        <p style="font: bold 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Temporary&#160;</b></font></p></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Loss
    on investment in Usiminas shares</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Changes
    in investment in Usiminas shares are recognized on an accrual basis; however, the event that generates taxation or deductibility
    will only occur when the investment is sold.</font></td></tr>
<tr style="vertical-align: top">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: justify; padding-left: 5.4pt; line-height: 115%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 5.4pt; padding-right: 5.4pt"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Other
        provisions</font></p>
        <p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Other
    provisions are recognized on an accrual basis and their taxation occurs only at the time of their realization, such as: provision
    for contingencies, loss for <i>impairment</i>, provision for environmental liabilities, etc.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
study is prepared based on the Company&#8217;s long-term business plan designed for a period reasonably estimated by Management
and considers several scenarios that vary according to different macroeconomic and operational assumptions.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
taxable income projection model considers two main indicators:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Income before taxes,
    reflecting the projected EBITDA plus depreciation, other income and expenses and the financial result, and;</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Taxable income,
    which is comprised of pre-tax income plus (minus) the items of income and expense that are taxable or deductible in future
    periods (temporary differences).</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
addition, a sensitivity analysis of consumption of tax credits is carried out considering a variation in macroeconomic assumptions,
operating performance and liquidity events.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
deterioration of the Brazilian political and macroeconomic environment that occurred in recent years has generated tax losses
at CSN, as well as the growth of its financial leverage. These two aspects combined culminated in an imbalance between the financial
and operating results of the Company.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
view of this context, the Company works with a business plan aimed at rebalancing the Parent Company&#8217;s financial and operating
results, the main measures of which are:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Continuity of divestment
    efforts;</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Reduction of financial
    leverage;</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Improvement in operating
    results due to increased sales volume, improved prices for its products and greater efficiency in controlling production costs;
    and</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Reprofiling of the
    Company&#8217;s indebtedness, with negotiations to extend amortization terms and decentralization of indebtedness by redirecting
    contracts to subsidiaries according to the nature and application of funds.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">With
the continuation of the execution of the above measures, the Company&#8217;s management expects to return with high levels of
profitability with sustainability. Consequently, Management considers that the gradual recognition of tax credits, initially using
a projection period of less than 10 years, more adequately reflects the expectation of using the credits maintained in the Company&#8217;s
tax records. As a result of the study, the Company reversed during 2020 the amount of R$1,369 million of estimated losses recorded
in previous years totaling a balance in the deferred tax asset of R$4,628 million on December 31, 2020.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
tax losses carryforward and negative base of social contribution and temporary differences maintained in the Company&#8217;s tax
records for future use amount, respectively, to R$1,681 million and R$627 million on December 31, 2020 (R$1,466 million and R$550
million on December 31, 2019).</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 1.45pt 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Current
income tax and social contribution are calculated based on the tax laws enacted by the end of the reporting period, including
in the countries where the Group entities operate and generate taxable profit. Management periodically assesses the positions
taken in the tax calculations with respect to situations where applicable tax regulations are open to interpretations. The Group
recognizes provisions where appropriate, based on the estimated payments to tax authorities. The income tax and social contribution
expense comprises current and deferred taxes. Current and deferred taxes are recognized in profit or loss unless they are related
to business combinations or items recognized directly in shareholders' equity.</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 1.45pt 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Current
tax expense is the expected payment of taxable income for the year, using the nominal rate approved or substantially approved
on the balance sheet date, and any adjustment of taxes payable related to previous years. Current income tax and social contribution
are posted net in liabilities whenever there are amounts payable, or in assets whenever such amounts paid in advance exceed the
total amount due at the reporting date.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
tax is recognized in relation to temporary differences between the tax bases of assets and liabilities and their book values in
the financial statements. Deferred tax is not recognized for temporary differences arising from the initial recognition of assets
and liabilities in a transaction that is not a business combination, that does not affect nor accounting profit nor tax profit
or loss, differences related to investments in subsidiaries and controlled entities when it is probable that they will not revert
in a foreseeable future and from the initial recognition of goodwill, in accordance with IAS 12 - Taxes on Profit. The amount
of the deferred tax determined is based on the expectation of realization or settlement of the temporary difference and uses the
nominal rate approved or substantially approved</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assets
and liabilities deferred income tax are presented net in the balance sheet whenever there is a legal right and the intention to
offset them upon the calculation of current taxes, usually related to the same legal entity and the same taxation authority.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
income tax and social contribution assets are recognized on recoverable balances of tax loss and negative basis of CSLL, tax credits
and deductible temporary differences. Such assets are reviewed at each year-end date and will be reduced to the extent that their
realization is less likely to occur.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfIncomeTaxAndSocialContributionExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of income tax and social contribution explanatory.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfIncomeTaxAndSocialContributionExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>44
<FILENAME>R25.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189503896">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>19. TAXES IN INSTALLMENTS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxesInInstallmentsAbstract', window );"><strong>Taxes in Installments [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfTaxesInInstallmentsExplanatory', window );">TAXES IN INSTALLMENTS</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>19.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>TAXES IN INSTALLMENTS</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
position of Refis debts and other installments, recorded in installment taxes in current and non-current liabilities, as shown
in note 15, are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="5" style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Federal REFIS Law 11.941/09 (a)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12,214</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12,172</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">15,529</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">17,436</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Federal REFIS Law 12.865/13 (b)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,633</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,481</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">42,883</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">48,306</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other taxes in installments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">26,484</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">845</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">101,835</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,985</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>45,331</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>19,498</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>160,247</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>67,727</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(a)
The refinancing program of Law 11,941 / 09 has a balance arising from the adhesion to the REFIS of taxes on profit (IRPJ and CSLL)
for the years 2006, 2007 and 2012 and taxes on billing (PIS and COFINS) for the years 2006 and 2007. The installment payment is
paid in monthly installments, with interest at the SELIC rate, which is the rate of the Brazilian federal funds.</font></p>

<p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(b)
The refinancing program of Law 12.865 / 13 has a balance resulting from the adhesion to the REFIS of taxes on profit (IRPJ and
CSLL) for the payment of the amounts related to taxes on the profit of the affiliates or subsidiaries abroad in 2009 to 2011.
It is due in monthly installments, with interest at the SELIC rate, which is the rate of Brazilian federal funds.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfTaxesInInstallmentsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for a taxes in installments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfTaxesInInstallmentsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TaxesInInstallmentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TaxesInInstallmentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>45
<FILENAME>R26.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189520680">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract', window );"><strong>Provision For Tax Social Security Labor Civil Environmental Risks And Judicial Deposits</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory', window );">PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>20.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>PROVISION FOR
    TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Claims
of different nature are being challenged at the appropriate courts. Details of the accrued amounts and related judicial deposits
are as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle; background-color: white">
    <td style="width: 36%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accrued
    liabilities</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Judicial
    deposits</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Tax</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">134,645</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">128,411</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,444</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">31,060</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Social
    security</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,170</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,039</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Labor</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">328,334</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">305,309</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">212,737</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">227,213</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Civil</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">151,776</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">138,990</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">67,819</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">53,771</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Environmental</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12,463</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">43,498</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">17,683</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,731</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Deposit
    of a guarantee</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">24,434</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12,596</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>635,388</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>623,247</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>325,117</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>328,371</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Classified:</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Current</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">81,073</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">96,479</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Non-current</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">554,315</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">526,768</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">325,117</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">328,371</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>635,388</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>623,247</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>325,117</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>328,371</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
changes in tax, social security, labor, civil and environmental provisions in the year ended December 31, 2020 can be summarized
as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 25%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 14%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 14%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 14%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 14%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 14%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current
    + Non-current</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Nature</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Additions</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accrued
    charges</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    utilization of reversal</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Tax</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;128,411</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;8,626</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,267</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(6,659)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">134,645</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Social security</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,039</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;5,892</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;192</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(4,953)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;8,170</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Labor</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;305,309</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">44,693</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;39,507</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(61,175)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">328,334</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Civil</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;138,990</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">46,577</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;15,579</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(49,370)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">151,776</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Environmental</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;43,498</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,525</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;326</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(35,886)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;12,463</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;623,247</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;110,313</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;59,871</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(158,043)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>635,388</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Tax
proceedings</u></b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
main lawsuits that are considered by the external legal advisors as probable loss of tax nature are (i) some tax assessment notices;
(ii) divergences between calculated and paid VAT (ICMS); (iii) Requests for compensation not approved due to the lack of credit
rights.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Labor
proceedings</u></b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company appears as a defendant, on December 31, 2020, in 8,784 labor claims. The majority of claims for actions are related to
subsidiary and / or joint liability, equal pay, unhealthy and hazardous work premiums, overtime, health insurance, indemnity claims
arising from alleged involvement of occupational diseases or accidents at work, intra-day break and differences in profit sharing
in the years 1997 to 1999 and 2000 to 2003.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">During
the year ended December 31, 2020 there were addition or write-off movements in labor lawsuits arising from the definite conclusion
and the constant revision of the Company&#8217;s accounting estimates related to the provision for contingencies that take into
consideration the different nature of the claims made, as required by the Company&#8217;s accounting policies.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Civil
proceedings</u></b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Among
the civil lawsuits in which he is a defendant, there are mainly suits for damages. Such processes, in general, result from work
accidents, occupational diseases, contractual discussions, related to the Group&#8217;s industrial activities, real estate actions,
health insurance.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Environmental
Proceedings</u></b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Among
the environmental administrative / judicial proceedings in which the Company is a defendant, there are administrative procedures
aimed at finding possible occurrences of environmental irregularities and regularizing environmental licenses; at the judicial
level, there are actions for the enforcement of fines imposed as a result of such alleged irregularities and public civil actions
with a request for regularization combined with indemnities, which consist of environmental recovery, in most cases. Such processes,
in general, result from discussions of alleged impact to the environment related to the Company&#8217;s industrial activities.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Processes
of an environmental nature are highly complex in estimating the value at risk, as the procedural evolution, the extent of possible
damage and the projection of repair costs must be taken into account, among various aspects.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">There
are other processes of an environmental nature for which it is not yet possible to assess the risk and the contingency amount
due to the aforementioned complexity of estimation, the peculiarities of the matters that involve them and the procedural stages
in which they are. The main environmental judicial and administrative procedures are listed below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.4pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#8226;
In July 2012, the Public Ministry of the State of Rio de Janeiro (MPE / RJ) and the Federal Public Ministry (MPF) filed separate
public civil actions in the State and Federal Courts alleging the existence of an allegedly contaminated area in the Volta Grande
IV Condominium. In view of the conflict of competence to judge the actions, the Superior Court of Justice (STJ) declared the competence
of the Federal Justice to process and judge such actions. In brief summary, the MPF maintains that the Company should (i) remove
all the waste disposed of in the area used as an industrial landfill in the city of Volta Redonda and (ii) transfer 750 residences
located in the Volta Grande IV condominium, also in the city of Volta Redonda . These requests were denied by the Court, and it
was determined that a timetable was presented to investigate the area and, if necessary, to remedy the potential issues raised
by the MPF. This schedule was presented, indicating the completion of all studies related to the investigation phases, including
the risk assessment and intervention plan, which were completed on April 30, 2014. In addition, there are pending indemnity suits
filed by the owners of houses in the Volta Grande IV condominium, with requests for compensation for the alleged moral and material
damages sustained, which have not yet been judged. Currently, the process (ACP) is awaiting the start of the investigation phase.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.4pt; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#8226;
In January 2014, an Annulment Action was issued with the objective of declaring the nullity of the Notice of Infraction drawn
up by INEA for the alleged contamination of the soil and groundwater in the Condominium Volta Grande IV. The penalty applied was
a simple fine, in the original amount of R$35 million. The request for a preliminary suspension of the demand for the debt was
not considered, which is why INEA filed a Tax Enforcement Action. Currently, due to harmful external issues, the proceedings have
been temporarily suspended, until the conclusion of the expert examination at ACP Volta Grande IV and / or contrary decisions
of the courts.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#8226;
With regard to other areas allegedly contaminated in the city of Volta Redonda, the Public Ministry filed three other public civil
actions aimed at environmental remediation and compensation for areas called Marcia I, II, III and IV, Wandir I and II and Recycle.
Regarding the area called Marcia I, the phase of producing evidence ended on 03/04/20, there was a decision converting the trial
into a conciliation hearing, given the great length of time elapsed in the conclusion of the sentence (2017 to 2019), the which
was postponed without setting a new date due to the pandemic. At this hearing, the parties must present the status of the area&#8217;s
environmental management measures. The other two ACPs are in the initial stage and CSN is currently conducting environmental studies
that will determine the extent of possible environmental damage caused by soil contamination, as well as the implementation of
actions to comply with applicable laws.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#8226;
In 2015, the Federal Public Ministry filed a public civil action against CSN requesting the adaptation and regularization of the
particulate matter emission at the Presidente Vargas Steelworks, with the consequent paralysis of its activities. According to
CONAMA Resolution No. 436/2011, companies would have until December 2018 to adjust the emission of particulates to the new required
legal standards. This was made compatible with INEA with the schedule of actions and measures provided for in TAC 07/2018. Currently,
the process is awaiting the start of the investigation phase.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#8226;
In 2016, CSN was cited in a public civil action filed by the Federal Public Ministry and the Public Ministry of the State of Rio
de Janeiro, due to the alleged irregular deposit of waste in the area called &#8220;Aterro Panco&#8221;. In this action, there
are requests for recovery of degraded areas, repair of damage to flora and fauna, and human health, as well as compensation for
material and moral damage caused to the environment. Currently, the process is awaiting the start of the investigation phase.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#8226;
In 1988, the Federal Public Ministry filed a public civil action against CSN for alleged environmental contamination and pollution
of the Para&#237;ba do Sul River, allegedly caused by industrial activity in the area. In 1995, the court determined the meeting
of cases No. 15,497; 17,563; No. 7,304; and, No. 7,624, in view of the connection characterized and determined the joining of
the 4 shares.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Federal Regional Court of the Second Region upheld the first instance conviction, reiterating the Company&#8217;s obligation to
compensate for possible environmental damage caused to the ecosystem. The Company appealed to the Superior Court of Justice (STJ),
which accepted the appeal and annulled the previous decisions, determining the return of the records to the 1st Instance to resume
the process. Currently, the process awaits the new beginning of the investigation phase.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#8226;
In 2009 and 2010, Terms of Judicial Agreements (TAJ&#8217;s) were signed with the Federal Public Ministry seeking the recovery
of environmental liabilities caused by coal mining in the Southeast Region of Santa Catarina until the 1990s. The environmental
liabilities covered by the agreements include the restoration of certain degraded areas. In March 2018, the parties renegotiated
a new agreement, with the extension of the works schedule until 2030, which was ratified in court on 06/06/18. Currently, the
Company negotiates with the MPF the suspension of the TAJ terms for negotiation and adjustment of the obligations and compensatory
measures provided for.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#8226;
In July 2018, the Company and the company Harsco Metals (&#8220;Harsco&#8221;), a company providing services to CSN, were cited
in a new public civil action filed jointly by the Federal Public Ministry and the Public Ministry of the State of Rio de Janeiro,
due to the supposed irregular deposit of waste (steel slag) in the area called &#8220;Slag Processing Yard&#8221;. A preliminary
decision was issued that established a certain limitation in the monthly sending of slag to the referred yard, reducing the height
of the piles and removing the excess of the stored material. However, recent studies carried out by independent companies, attest
to the absence of environmental risks or impacts. The Company and Harsco have been looking for feasible alternative solutions
to end the process. Currently, the process is awaiting the start of the investigation phase.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#8226;
In January 1995, the ACP was filed by the Municipality of Volta Redonda / RJ (&#8220;MVR&#8221;), pleading CSN&#8217;s condemnation
of compliance with 26 items of Compensatory Environmental Programs. After the contestation, the parties entered into an instrument
of Transaction (1995), establishing the effective obligations of CSN, as well as the environmental compensation, ratified in court
by sentence. The municipality of Volta Redonda disagreed about the compliance with the ratified agreement and in 2015 the process
of liquidating unfulfilled obligations was initiated. On 12/27/18, a new agreement was signed between CSN and MVR to end the legal
dispute, through reciprocal concessions from the parties, with the MVR expressly waiving the right on which the lawsuit is founded
and CSN the additional investment in the amount of R$21 million, 30% of which should be allocated to services of environmental
interest, works for the preservation, improvement and recovery of the quality of the environment in Volta Redonda. In 2019, the
agreement signed between CSN and MVR was approved with the actual disbursement by CSN of R$25MM, which was appealed by the Public
Prosecutor&#8217;s Office, however dismissed by the Rio de Janeiro Court of Justice, confirming the decision of the lower court
that ratified the agreement signed between the Company and the MVR.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#8226;
In August 2017, CSN initiated an annulment action against the tax assessment notice that imposed a fine on CSN (R$25 million -
updated until December / 19), for alleged water pollution in the Para&#237;ba do Sul River, with the launch of effluents from
the Alto Forno 2 ETE, due to an accident that occurred on 11/27/2010. The enforceability of the fine is suspended due to a preliminary
injunction, and the process is awaiting the start of the investigation phase.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#8226;
In December 2019, a Public Civil Action was initiated against Sepetiba TECON and INEA with a view to suspending the environmental
licensing processes of the Sepetiba TECON container terminal until the study of the environmental support capacity of Sepetiba
Bay is carried out, and the INEA refrain from licensing new ventures or potentially polluting activities on the site, which may
harm the socio-environmental balance of the Bay and the preservation of marine fauna. Sepetiba TECON became aware of the action
through news published on the MPF website. On 12/19/19, the court dismissed the request for emergency relief requested by the
MPF, as well as the Federal Union and IBAMA&#8217;s decision was determined. After the challenge is submitted by TECON, the process
awaits the start of the investigation phase.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#8226;
In June 2019, CSN filed a lawsuit against the INEA Notification that determined the suspension of solid bulk handling operations
at TECON due to the alleged lack of activity forecast under the respective Operation License. A preliminary injunction was granted
to suspend the effects of the Notification and allow the continuation of the solid bulk handling operation until the final judgment
of the action. After the favorable decision is confirmed by the Court on appeal, the case awaits the initiation of the investigation
phase.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"></font>&#8226;</td>
    <td style="text-decoration: underline; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><u>administrative
    and judicial proceedings</u></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company does not make provisions for lawsuits, which Management&#8217;s expectation, based on the opinion of legal counsel, is
a possible loss. The following table shows a summary of the balance of the main matters classified as possible risk compared to
the balance at December 31, 2020 and December 31, 2019.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="font-family: Calibri, Helvetica, Sans-Serif; width: 82%; font-weight: bold; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assessment Notice
    and imposition of fine (AIIM) / Tax Enforcement - Income tax and social contribution - Capital gain on sale of NAMISA's shares</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;12,694,021</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;12,412,964</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assessment Notice
    and Imposition of fine (AIIM) - Income tax and Social contribution - Disallowance of deductions of goodwill generated in the
    reverse incorporation of Big Jump by NAMISA.</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;3,930,093</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;3,867,663</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assessment Notice
    and Imposition of fine (AIIM) / Tax Enforcement&#160;&#160;- Income tax and Social contribution - Disallowance of interest
    on prepayment arising from supply contracts of iron ore and port services</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,956,898</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;2,249,708</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assessment
    Notice and imposition of fine (AIIM) - Income tax and social contribution due to profits from foreign subsidiaries for years
    2008, 2010, 2011, 2012 and 2014</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;3,461,574</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;2,946,288</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Tax foreclosures
    - ICMS - Electricity credits</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;841,401</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,022,371</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Offset
    of taxes that were not approved by the Federal Revenue Service - IRPJ/CSLL, PIS/COFINS and IPI</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,845,379</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,100,564</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Disallowance
    of the ICMS credits - Transfer of iron ore</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;624,645</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;567,534</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">ICMS - Refers to
    the transfer of imported raw material at an amount lower than the price disclosed in the import documentation</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;317,848</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;310,349</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Disallowance of
    the tax loss and negative basis of social contribution arising from the adjustments in the SAPLI</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;583,478</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;538,268</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assessment Notice-
    IRRF- Capital Gain of CFM vendors located abroad</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;260,326</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;254,850</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">CFEM &#8211; difference
    of understanding between CSN and DNPM on the calculation basis&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,051,661</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,020,266</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assessment
    Notice- ICMS- questions about sales for incentive area</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,111,034</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,015,812</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Other
    tax lawsuits (federal, state, and municipal)</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;3,886,976</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;4,478,014</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Social
    security lawsuits</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;233,116</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;325,492</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Action
    to discuss the balance of the construction contract &#8211; Tebas</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;487,124</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;468,776</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Action
    related to power supply payment&#8217;s charge - Light</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;288,390</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;253,569</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Indemnity action
    due to the supply contract termination - Indumill</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;237,795</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;215,281</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Enforcement
    action applied by Brazilian antitrust authorities (CADE)</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;95,833</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;93,212</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Civil Public Action
    - Districts / School / Nursery relocation-CdP Dam <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;12,207</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;20,000</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Other
    civil lawsuits</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;777,850</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;764,127</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Labor
    and social security lawsuits</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,506,626</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,565,237</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Tax
    foreclosures &#8211; Fine &#8211; Volta Redonda IV <font style="font-weight: 400"><sup>(2)</sup></font></font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;94,304</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;84,599</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">ACP
    landfill M&#225;rcia <font style="font-weight: 400"><sup>(3)</sup></font></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;306,389</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assessment
    Notice and imposition of fine (AIIM) -&#160;&#160;Charge of IRRF- RFB&#160;&#160;- Business combination (year 2015) between
    Namisa, Congonhas Min&#233;rios (current CSN Minera&#231;&#227;o) and consortium</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;862,324</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assessment
    Notice and imposition of fine (AIIM) - SEFAZ/RJ - ICMS on purchases of intermediate products (4)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;498,002</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assessment
    Notice and imposition of fine (AIIM) - RFB -&#160;&#160;Disallowance of credits PIS/COFINS of inputs and freight</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,082,517</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Other
    environmental lawsuits</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;257,965</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;215,691</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font: bold 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;39,305,776</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;35,790,635</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">(1)
In May 2019, the State Prosecutor&#8217;s Office of the State of Minas Gerais filed an ACP order to compel CSN Minera&#231;&#227;o
SA to adopt mitigating measures regarding the psychological risks and losses allegedly generated by the Casa de Pedra Dam, reallocating
residents, who so wish, with rents and social assistance, as well as relocating children who attended a new daycare and school
that were closed, rebuilding new daycare and school in a safe place. In a preliminary injunction, the 1st Instance Magistrate
ordered the blocking of three million reais for the construction of the day care center and school, a decision suspended by the
2nd Instance Court. The State Public Prosecutor of the State of Minas Gerais also pleaded for the payment of moral damages collective
actions, as well as for the permanent reallocation of people, at the expense of CSN Minera&#231;&#227;o SA The lawsuit is in its
initial phase and there is still no judicial sentence related to the case.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">(2)
On April 8, 2013, INEA applied a fine of R$35 million to CSN in relation to aspects involving the Volta Grande IV condominium,
determining that the actions already considered and discussed in the public civil action filed in July 2012. In relation to the
application of this fine, an annulment action was filed, distributed, in January 2014, to the 10th Civil Court of the State of
Rio de Janeiro, aiming at the annulment of the fine and its effects. In parallel, INEA filed a tax enforcement action, with an
adjusted amount of R$42 million, in order to enforce the amount of the fine imposed. The Tax Foreclosure action mentioned was
distributed in May 2014 to the 4th Registry of Active Debt of Volta Redonda, in the State of Rio de Janeiro. Currently, these
actions are suspended until the conclusion of the investigation to be carried out in the Environmental Public Civil Action of
the Condominium Volta Grande IV, whose merit discusses possible contamination of the site.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">(3)
This is an Environmental Public Civil Action, proposed by the MPF, with a claim for indemnity for collective moral damages and
material damages, for allegedly irregular deposit of steel residues, in addition to being set aside for non-compliance with the
injunction.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">(4)
Infraction Notice (AIIM) drawn up by SEFAZ / RJ for ICMS and Fine requirement for the alleged improper use of ICMS credit for
the period 2015 to 2020 resulting from the acquisition of intermediate products used in the UPV (refractories, belts, cylinders,
chemical agents, etc.), which were classified by the Inspection as of use / consumption and without the right to credit.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company has been offering judicial guarantees (Guarantee Insurance / Letter of Guarantee) in the total and updated amount of R$4,542,786,
as determined by the procedural legislation in force.</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
assessments made by legal advisors define these administrative and judicial proceedings as a possible risk of loss and, consequently,
no loss provisions have been recognized.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Only
provisions estimated as probable risk of loss are recorded, substantiated in the assessment of our legal advisors, and at amounts
that will be required to settle the litigations. The obligation is updated in accordance with the evolution of the lawsuit or
financial charges incurred and will be reversed if the estimated loss is no longer considered probable due to changes in circumstances
or derecognized when the obligation is settled.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for other provisions, contingent liabilities and contingent assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2020-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2020-en-r&amp;doctype=Standard&amp;dita_xref=IAS37_g84-92_TI<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>46
<FILENAME>R27.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189433240">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMENT OBLIGATIONS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract', window );"><strong>Provision For Environmental Liabilities And Asset Retirement Obligations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationsExplanatory', window );">PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMENT OBLIGATIONS</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>21.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>PROVISION FOR
    ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
balance of provisions for environmental liabilities and deactivation of assets can be shown as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle; background-color: white">
    <td style="width: 59%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 20%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 20%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Environmental liabilities</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">192,830</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">192,270</font></td></tr>
<tr style="vertical-align: middle; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Asset retirement obligations</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">611,005</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">331,731</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>803,835</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>524,001</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>21.a)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Environmental
    liabilities</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As
of December 31, 2020, a provision is maintained for application in expenses related to services for the investigation and environmental
recovery of potential contaminated, degraded areas and in the process of exploration under the responsibility of the Company in
the states of Rio de Janeiro, Minas Gerais and Santa Catarina. Expenditure estimates are periodically reviewed, adjusting, whenever
necessary, the amounts already accounted for. These are the Management&#8217;s best estimates considering studies and environmental
recovery projects. These provisions are recorded in the account for other operating expenses.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Provisions
are measured at the present value of the expenses that must be required to settle the obligation, using a pre-tax rate, which
reflects current market valuations of money at the time and the specific risks of the obligation. The increase in the obligation
due to the passage of time is recognized as other operating expenses.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Some
contingent environmental liabilities are monitored by the environmental area and have not been provisioned because their characteristics
do not meet the recognition criteria in IAS 37.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>21.b)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Asset retirement
    obligation</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
2020, after anticipating the discontinuation of the dams used in its mining activities, the Company updated the study to recognize
the costs of deactivating mining assets. The study resulted in an increase of the provision by R$279 million, mainly due to:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 36pt"><font style="font: 10pt Times New Roman, Times, Serif">i)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">expansion of operational
    areas with the implementation of new technologies;</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 36pt"><font style="font: 10pt Times New Roman, Times, Serif">ii)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">revision in the
    process of de-characterization of dams and</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 36pt"><font style="font: 10pt Times New Roman, Times, Serif">iii)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">application of inflation
    indices on costs.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy&#160;</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company recognizes a provision for recovery costs, when a loss is probable, and the amounts of the related costs are reasonably
determined. Generally, the provisioning period for the amount to be used for recovery coincides with the completion of a feasibility
study or commitment to a formal action plan.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Expenses
related to compliance with environmental regulations are charged to income or capitalized, as appropriate. Capitalization is considered
appropriate when expenses refer to items that will continue to benefit the Company and that are basically relevant to the acquisition
and installation of equipment for pollution control and / or prevention.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Asset
retirement obligation (ARO) liabilities consist of cost estimates for deactivation, demobilization or restoration of areas at
the end of mining activities and extraction of mineral resources. The initial measurement is recognized as a liability discounted
to present value and, subsequently, carried to expenses over time. The asset deactivation cost equivalent to the initial liability
is capitalized as part of the asset&#8217;s carrying amount and depreciated over the asset&#8217;s useful life.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for a provision for environmental liabilities and asset retirement obligations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>47
<FILENAME>R28.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189475560">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>22. RELATED-PARTY BALANCES AND TRANSACTIONS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract', window );"><strong>Disclosure of transactions between related parties [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRelatedPartyExplanatory', window );">RELATED-PARTY BALANCES AND TRANSACTIONS</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>22.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>RELATED-PARTY
    BALANCES AND TRANSACTIONS</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>22.a)Transactions</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>with holding
    companies</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Vicunha
A&#231;os SA is the main shareholder of the Company with a 49.24% interest in the voting capital.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Also
part of the Company&#8217;s control is Rio Iaco Participa&#231;&#245;es SA, which holds a 4.22% interest in the voting capital
of CSN.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
corporate structure of Vicunha A&#231;os SA is as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 2.25pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Vicunha Steel S.A.
    - holds 67.93% interest in Vicunha A&#231;os S.A.;</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 2.25pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">CFL Participa&#231;&#245;es
    S.A. - holds a 12.82% interest in Vicunha A&#231;os S.A. and a 40% interest in Vicunha Steel S.A.;</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 2.25pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Rio Purus Participa&#231;&#245;es
    S.A. - holds a 19.25% interest in Vicunha A&#231;os S.A. and a 60% interest in Vicunha Steel S.A.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#183;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As
of December 31, 2020, the distribution of mandatory minimum dividend in the amount of R$443,694 to the shareholder Vicunha A&#231;os
SA and R$37,997 to Rio Iaco Participa&#231;&#245;es SA was proposed, which will be submitted for approval at the Annual Shareholders&#8217;
Meeting.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>22.b)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Transactions
    with subsidiaries, joint ventures, associates, exclusive founds and other related parties</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="15" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="width: 32%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subsidiaries
    and associates</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-ventures
    e Joint Operation</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
    related parties</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subsidiaries
    and associates</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-ventures
    e Joint Operation</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
    related parties</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assets</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Current
    Assets&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Investments</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><sup>(1)</sup></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,763,603</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,763,603</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,116,560</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,116,560</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    receivables (note 6)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><sup>(2)</sup></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;7,686</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;8</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;113,482</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">121,176</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;39,435</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;797</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;130,356</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">170,588</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Dividends
    receivable (note 9)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><sup>(3)</sup></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;38,088</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;38,088</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;44,554</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;44,554</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    current assets (note 9)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,413</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,829</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;6,242</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,830</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,830</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,686</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;42,509</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,878,914</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,929,109</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;39,435</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;45,351</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,248,746</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,333,532</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Noncurrent
    Assets&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Investments</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><sup>(1)</sup></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;123,409</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">123,409</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">95,719</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;95,719</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Loans
    (note 9)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><sup>(4)</sup></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,375</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">962,675</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">966,050</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,874</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">844,426</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">846,300</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Actuarial
    asset (note 30)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13,819</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;13,819</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13,714</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;13,714</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    non-current assets (note 9)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><sup>(5)</sup></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">664,020</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">664,020</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">428,672</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">428,672</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,375</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,626,695</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;137,228</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,767,298</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,874</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,273,098</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;109,433</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,384,405</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;11,061</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,669,204</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;4,016,142</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,696,407</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;41,309</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,318,449</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,358,179</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,717,937</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Current
    Liabilities&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Intercompany
    Loans (note 13)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">25,038</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;25,038</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    payables</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">106,946</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;9,455</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">116,401</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;98,496</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;142,488</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">240,984</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Accounts
    payable (note 15)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;23,555</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;2,437</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;25,992</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;23,566</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;23,566</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Provision
    for consumption (note 15)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;44,466</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;44,466</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;22,497</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;22,497</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>174,967</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,892</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>186,859</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>144,559</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;167,526</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>312,085</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Noncurrent
    Liabilities&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Accounts
    payable (note 15)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;78,083</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;78,083</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;88,021</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;88,021</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Actuarial
    liability&#160;&#160;(note 30)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">79,546</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;79,546</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">19,788</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;19,788</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;78,083</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>79,546</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>157,629</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;88,021</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>19,788</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>107,809</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>253,050</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>91,438</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>344,488</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>232,580</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;187,314</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>419,894</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="width: 22%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subsidiaries
    and associates</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-ventures
    e Joint Operation</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
    related parties</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subsidiaries
    and associates</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-ventures
    e Joint Operation</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
    related parties</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subsidiaries
    and associates</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-ventures
    e Joint Operation</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
    related parties</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>P&#38;L</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Sales</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;104,400</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;843</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,568,992</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,674,235</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;75,630</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,047,204</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,122,834</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;100,608</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;414</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,177,730</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,278,751</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Cost
    and expenses</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,036,420)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;(104,212)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,140,632)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(231,140)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,133,142)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;(594,676)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,958,958)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,307,695)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;(110,587)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,418,282)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Financial
    income (expenses)</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Interest
    (note 28)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;19,095</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;18,421</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;37,516</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;43,790</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;20,499</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;64,289</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;234</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;33,911</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;14,651</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;48,796</font></td></tr>
<tr style="vertical-align: middle">
    <td colspan="2" style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Exchange
    rate variations and&#160;&#160;monetary, net</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,586</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,586</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;13,611</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;13,611</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Financial
    investments (note 28)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,190,489</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,190,489</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    operating income and expenses</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(14,939)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;(136,004)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;(150,943)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;104,400</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,016,482)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;2,673,690</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;1,761,608</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(155,510)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,104,291)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;340,609</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;(919,192)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;100,842</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,273,369)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;1,095,404</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;(77,123)</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Main
operations:</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 7pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">1.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial investments:
    </b><font style="font-weight: normal">Investments in Usiminas shares are R$3,305,109 (R$2,114,620 in December 2019) and cash
    and cash equivalents with Banco Fibra totaling R$458,494 in December 2020 (R$1,940 in December 2019) and no current amount
    R$123,409 (R$95,719 in December 2019) from <i>Bonds</i> with an average rate of 98% to 115% of the CDI in the consolidated
    and holds in the parent company through exclusive funds&#8217; investments in government bonds and CDBs in the amount of R$38,517
    on December 31, 2020 (R$8,301 on December 31, 2019).</font></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trades receivable:
    </b>mainly refers to operations of sales of steel products of the Parent Company to affiliates and companies <i>joint venture
    </i>and <i>joint-operation</i>.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>3.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Dividends receivable
    </b>from MRS Log&#237;stica of R$38,088 (R$44,554 as of December 31, 2019).</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<table cellspacing="0" cellpadding="0" style="font: bold 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">4.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Loans (Assets):
    <font style="font-weight: normal">refers mainly to loan agreements with an average rate of 125.0% to 130.0% of the CDI with
    Transnordestina Log&#237;stica SA of R$962,675 (R$844,426 as of December 31, 2019). </font></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>5.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Others (Assets):
    </b>Advance for future capital increase with subsidiaries of R$664,020 with Transnordestina Log&#237;stica SA (R$428,672 on
    December 31, 2019).</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>22.c)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other unconsolidated
    related parties</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#183;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>CBS Social Security</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company is its main sponsor, being a non-profit civil society established in July 1960 and whose main objective is the payment
of benefits complementary to those of the official social security for the participants. As a sponsor, it maintains transactions
for payment of contributions and recognition of actuarial liabilities determined in defined benefit plans.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#183;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Banco Fibra</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Banco
Fibra is under the control structure of Vicunha A&#231;os S.A., the major shareholder of the Company and the financial transactions
carried out with this bank are limited to movements in checking accounts and financial investments in fixed-income securities.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#183;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>CSN Foundation</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company develops socially responsible policies concentrated in the CSN Foundation, of which it is the founder. Transactions between
the parties are related to operational and financial support for the Foundation to conduct social projects developed mainly in
the locations where it operates.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#183;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Related Parties
    under the control of a member of the Company&#8217;s Management</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
following companies are under the control of a member of the Management, which maintain some minor transactions with the Company:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">Partifib Projetos Imobili&#225;rios Ltda</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">Vicunha Im&#243;veis Ltda.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">Vicunha Servi&#231;os Ltda.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 10pt/115% Times New Roman, Times, Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#183;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">Ibis Participa&#231;&#245;es e Servi&#231;os
    Ltda</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>22.d)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Key management
    personal</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
key management personnel with authority and responsibility for planning, directing and controlling the Company&#8217;s activities
include members of the Board of Directors and statutory officers. <font style="line-height: 115%">The following is information
on the compensation of such personnel and the related balances as of </font>December 31, 2020.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="5" style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>P&#38;L</b></font></td></tr>
<tr>
    <td style="width: 49%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Short-term benefits for employees and officers</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;40,522</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;37,452</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;32,848</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Post-employment benefits</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;111</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;109</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;105</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;40,633</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;37,561</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;32,953</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>22.e)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Guarantees</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company is liable for guarantees of its subsidiaries and joint ventures as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Currency</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Maturities</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Borrowings</b></font></td>
    <td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Tax
    foreclosure</b></font></td>
    <td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Others</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="width: 24%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 6%; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Transnordestina
    Log&#237;sitca</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">R$</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Up
    to 09/19/2056 and Indefinite</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;2,478,105</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;2,428,194</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;35,496</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;37,406</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,298</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;8,702</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;2,516,899</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;2,474,302</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">FTL - Ferrovia
    Transnordestina</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">R$</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Up
    to 04/01/2021</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;43,118</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;43,118</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Cia
    Metalurgica Prada&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">R$</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Indefinite</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;196</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;457</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;244</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;235</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;440</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;692</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">CSN Energia</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">R$</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Up
    to 11/26/2023 and indefinite</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,141</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,920</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,920</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,920</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,061</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">CSN Minera&#231;&#227;o</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">R$</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Up
    to 12/21/2024</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;846,749</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,184,048</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;846,749</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;1,184,048</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Estanho de Rond&#244;nia&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">R$</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">7/15/2022</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,154</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,902</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,154</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,902</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Min&#233;rios
    Nacional S.A.</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">R$</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Up
    to 09/10/2021</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,946</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,544</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,946</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,544</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    in R$</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;3,327,954</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;3,661,806</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;35,692</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;41,004</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,462</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;10,857</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;3,369,108</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;3,713,667</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">CSN Inova Ventures</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">US$</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">01/28/2028</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,300,000</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;1,300,000</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">CSN Islands XII</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">US$</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Perpetual</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,000,000</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,000,000</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;1,000,000</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;1,000,000</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">CSN Resources</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">US$</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Up
    to 04/17/2026</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,525,000</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,958,603</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;1,525,000</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;1,958,603</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    in US$</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;3,825,000</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;2,958,603</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;3,825,000</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;2,958,603</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">CSN Steel S.L.</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">EUR</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;24,000</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;24,000</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    in EUR</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;24,000</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;24,000</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    in R$</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; color: red"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;19,877,378</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;12,033,973</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;19,877,378</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;12,033,973</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; color: red"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;23,205,332</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;15,695,779</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;35,692</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;41,004</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,462</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;10,857</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;23,246,486</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;15,747,640</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Transactions
with related parties were carried out by the Company on terms equivalent to those prevailing in market transactions, observing
the price and the usual market conditions. Therefore, these transactions are in conditions that are no less favorable for the
Company than those negotiated with third-parties.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Transactions
between the Parent and its subsidiaries are eliminated and adjusted to ensure consistency with the practices adopted by the Parent.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company&#8217;s related parties are subsidiaries, joint ventures, affiliates, shareholders and their related companies and the
key personnel of the Company&#8217;s management</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfRelatedPartyExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for related parties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2020-01-01<br> -Section Disclosures<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2020-en-r&amp;doctype=Standard&amp;dita_xref=IAS24_g13-24_TI<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfRelatedPartyExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>48
<FILENAME>R29.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189884424">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>23. SHAREHOLDERS' EQUITY<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract', window );"><strong>Disclosure of classes of share capital [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory', window );">SHAREHOLDERS' EQUITY</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>23.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>SHAREHOLDERS&#180;
    EQUITY</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>23.a)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Paid-in capital</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">The
fully subscribed and paid-in capital on December 31, 2020 R$6,040 million (R$4,540 million on December 31, 2019) is divided into
1,387,524,047 common and book-entry shares, with no par value. Each common share entitles its holder to one vote in the resolutions
of the General Meetings.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">The
Board of Directors, at a meeting held on February 22, 2021, approved the capitalization of part of the Income Reserve, in the
amount of R$1,500 million, without changing the number of shares, increasing the Company&#8217;s capital to R$6,040 million .</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>23.b)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Authorized capital</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company&#8217;s bylaws in effect on December 31, 2020 define that the share capital may be increased to up to 2,400,000,000 shares,
by decision of the Board of Directors.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>23.c)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Legal Reserve</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">It
is constituted at the rate of 5% of the net income calculated in each fiscal year pursuant to art. 193 of Law 6.404/76, up to
a limit of 20% of the capital stock.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>23.d)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Ownership structure</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt/115% Times New Roman, Times, Serif">As
of December 31, 2020, the Company&#8217;s ownership structure was as follows</font> <font style="font: 10pt Times New Roman, Times, Serif">:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 30%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Number
    of common shares</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>%
    of total shares</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>%
    of voting capital</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Number
    of common shares</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>%
    of total shares</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>%
    of voting capital</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Vicunha A&#231;os
    S.A. (*)</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">679,522,254</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">48.97%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">49.24%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">679,522,254</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">48.97%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">49.24%</font></td></tr>
<tr style="background-color: white">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Rio Iaco Participa&#231;&#245;es
    S.A. (*)</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">58,193,503</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.19%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.22%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">58,193,503</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.19%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.22%</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">NYSE (ADRs)</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">248,763,533</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">17.93%</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">18.02%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">262,206,103</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">18.90%</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">19.00%</font></td></tr>
<tr style="background-color: white">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Other shareholders</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">393,635,257</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">28.37%</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">28.52%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">380,192,687</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">27.40%</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">27.55%</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="border-top: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Outstanding
    shares</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,380,114,547</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>99.47%</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>100.00%</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,380,114,547</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>99.47%</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>100.00%</b></font></td></tr>
<tr style="background-color: white">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Treasury shares</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,409,500</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.53%</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,409,500</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.53%</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="border-top: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    shares</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,387,524,047</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>100.00%</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,387,524,047</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>100.00%</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
</table>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
Controlling group companies.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>23.e)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Treasury shares</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As
of December 31, 2020, the position of treasury shares was as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Program</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Board&#8217;s
    Authorization</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Authorized
    quantity</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 25%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Program
    period</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Average
    buyback price</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 12%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Minimum
    and maximum buyback price</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sale
    of shares</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    in treasury</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">04/20/2018</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;30,391,000</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">From 4/20/2018 to
    4/30/2018</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8.5pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Not
    applicable</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Not applicable</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;22,981,500</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;7,409,500</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As
of December 31, 2020, the position of treasury shares was as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td rowspan="3" style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Quantity
    purchased (in units)</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="3" style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Amount
    paid for the shares</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" colspan="5" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Share
    price</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="3" style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Share
    market price as of&#160;&#160;12/31/2020 (*)</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Minimum</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Maximum</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Average</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="border-top-color: black; width: 23%; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;7,409,500</font></td>
    <td style="width: 1%; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8.5pt; width: 16%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">R$
    58,264</font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8.5pt; width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;R$&#160;&#160;&#160;&#160;&#160;&#160;&#160;4.48</font></td>
    <td style="font-size: 8.5pt; width: 1%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8.5pt; width: 10%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;R$
    10.07</font></td>
    <td style="font-size: 8.5pt; width: 1%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8.5pt; width: 15%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;R$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;7.86</font></td>
    <td style="font-size: 8.5pt; width: 1%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8.5pt; width: 20%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">R$
    235,993</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
The average share price on December 31, 2020 was used in the amount of R$31.85 per share.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>23.f)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Policy on investments
    and payment of interest on net equity and dividends</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company adopts a profit distribution policy which, in compliance with the provisions of Law No. 6,404 / 76 as amended by Law No.
9,457 / 97, will imply the allocation of all net income to its shareholders, provided that the following priorities are preserved,
regardless of its order: (i) business strategy; (ii) compliance with obligations; (iii) making the necessary investments; and
(iv) the maintenance of a good financial situation for the Company.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>23.g)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt/115% Times New Roman, Times, Serif"><b>Earnings
    per share</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
earnings per share are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 48%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-top: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; width: 18%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Common
    Shares</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Profit for the
    year</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,794,295</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,789,067</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;5,074,136</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Weighted average number of shares</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,380,114,547</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,380,114,547</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,373,250,595</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Basic and diluted
    earnings (loss) per share</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2.74926</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1.29632</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3.69498</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Share
Capital</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Incremental
costs directly attributable to the issue of new shares or options are shown in equity as a deduction from the amount raised, net
of taxes.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Earnings/(loss)
per share</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Basic
earnings per share is calculated using the net income for the year attributable to the Company&#8217;s controlling shareholders
and the weighted average number of outstanding common shares in the respective period. Diluted earnings per share is calculated
using the aforementioned average of outstanding shares, adjusted by instruments potentially convertible into shares, with a dilutive
effect, in the periods presented. The Company does not have potential instruments convertible into shares and, consequently, the
diluted and basic earnings per share are the same.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Treasury
shares</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">When
the Company purchases shares of the capital stock of the Company itself (treasury shares), the amount paid, including any directly
attributable additional costs (net of income tax), is deducted from the shareholders&#8217; equity attributable to the shareholders
of the Company until the shares are canceled or reissued. When such shares are subsequently reissued, any amounts received, net
of any directly attributable additional transaction costs and the respective income tax and social contribution effects, are included
in the shareholders&#8217; equity attributable to the Company&#8217;s shareholders.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-controlling
interest and transactions</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company considers transactions with non-controlling interests as transactions with owners of the Company&#8217;s assets. For non-controlling
interests, the difference between any consideration paid and the acquired portion of the carrying amount of the subsidiary's net
assets is recorded in the shareholders' equity. Gains or losses on disposals for non-controlling interests are also recorded directly
in shareholders' equity.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">When
the Company ceases to have control, any interest held in the entity is remeasured at fair value, with the change in book value
recognized in the income statement. The fair value is the initial carrying amount for the subsequent accounting of the retained
interest in an associate, a <i>joint venture</i> or a financial asset. In addition, any amounts previously recognized in other
comprehensive income related to that entity are accounted for as if the Company had directly disposed of the related assets or
liabilities. This means that the amounts previously recognized in other comprehensive income are reclassified to income.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfClassesOfShareCapitalAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for share capital, reserves and other equity interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 79<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>49
<FILENAME>R30.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189568456">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>24. Shareholders' Compensation<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ShareholdersCompensationAbstract', window );"><strong>Shareholders Compensation</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfShareholdersCompensationExplanatory', window );">Shareholders' Compensation</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>24.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Shareholders'
    Compensation</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company&#8217;s Bylaws provide for the distribution of minimum dividends of 25% of the adjusted net income in accordance with
the law, to the holders of their shares.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Dividends
are calculated in accordance with the bylaws and the Joint Stock Company Act. The profit destination for 2020 is shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="text-decoration: underline; width: 65%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Allocation
    of profit</b></font></td>
    <td style="width: 16%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Profit for the
    year</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b>3,794,295</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Capital
    reserve</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(189,715)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Profit for allocation</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,604,580</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Proposed destination:</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Mandatory
    minimum dividends</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(901,145)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Statutory
    reserve</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(2,703,435)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(3,604,580)</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Weighted average number of shares</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;1,380,114,547</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Dividends for share</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;0.652949</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-decoration: underline; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>In
    current liabilities</b></font></td>
    <td style="text-decoration: underline; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>&#160;</u></b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance of dividends
    payable as December 31, 2019</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;13,252</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Dividends
    paid in year</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(12,414)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Proposed
    dividends in 2020 exercise</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;901,145</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance of dividends
    payable as December 31, 2020</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;901,983</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">At
the Annual General Meeting (AGM), the proposal for the allocation of profit presented in the financial statements will likely
be approved.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">In
accordance with article 33 of the Company&#8217;s Bylaws, at least 25% of the net income for the year, adjusted under the terms
of article 202 of Law No. 6,404 / 76, will be distributed as dividends in each fiscal year, which will be reflected in current
liabilities. In addition, the Board of Directors may pay interest on net equity by allocating the amount of interest paid or credited
to the minimum mandatory dividend mentioned above. If the Company reports a dividend higher than the mandatory minimum in the
allocation proposal, this amount is highlighted in a specific account in shareholders&#8217; equity under &#8220;Proposed Additional
Dividend&#8221;. At the Annual Shareholders&#8217; Meeting (AGM), the resolution on the proposal for allocation in the financial
statement will be made.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfShareholdersCompensationExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for shareholders compensation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfShareholdersCompensationExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ShareholdersCompensationAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ShareholdersCompensationAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>50
<FILENAME>R31.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189452696">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>25. NET REVENUE FROM SALES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NetRevenueFromSalesAbstract', window );"><strong>Net Revenue From Sales</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfRevenueExplanatory', window );">NET REVENUE FROM SALES</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>25.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>NET REVENUE FROM
    SALES</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Net
sales revenue is as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 43%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Consolidated&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Gross revenue</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: white">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Domestic
    market</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;16,652,801</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;14,220,420</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;14,752,901</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    market</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;17,396,259</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;14,663,297</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;11,817,559</font></td></tr>
<tr style="vertical-align: middle; background-color: white">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;34,049,060</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;28,883,717</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;26,570,460</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Deductions&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Sales
    returns, discounts and rebates</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(248,821)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(325,794)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(234,851)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Taxes
    on sales</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(3,736,219)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(3,121,506)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(3,366,724)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(3,985,040)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(3,447,300)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(3,601,575)</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net revenue</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;30,064,020</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;25,436,417</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;22,968,885</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>a)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Nature of goods
    and services.</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company generates revenue from (i) the production and sale of steel, cement and iron ore, (ii) the provision of maritime freight
services, in the case of iron ore export sales, and rail and port logistics services and (iii) sales of energy.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>b)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Timing of revenue
    recognition.</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company recognizes revenue once all of the following conditions are satisfied:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">1.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Identification
of the contract for sale of goods or provision of services;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">2.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Identification
of the performance obligations;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">3.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Determination
of the contract value;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">4.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Determination
of the value allocated to each performance obligation included in the contract; and</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">5.&#160;&#160;&#160;&#160;&#160;&#160;&#160;Revenue
recognition over time or at the time the performance obligations are completed.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
the case of sales of goods, performance obligations are usually completed upon delivery of the goods to the destination specified
by customers, which may be customers&#8217; warehouses or, in the case of iron ore export sales, when the product is loaded on
the ship. In certain cases, judgment may be required to determine when performance obligations are completed, based on the following
indicators:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">I.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Whether the customer
    has the significant risks and rewards of ownership and has the ability to direct the use of, and obtain substantially all
    of the remaining benefits from, the good; and</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">II.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Whether the customer
    has a present obligation to pay in accordance with the terms of the sales contract.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Accordingly,
the Company discloses revenue from each of its business segments as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Steel:</b></font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company recognizes revenues from sales of steel products when control of the product passes to customers, which may be either
upon delivery of the goods to the destination specified by customers or when the customer picks up the goods for delivery, depending
on whether the customer contracts logistics services from the Company.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cement</b>:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company recognizes revenues from sales of cement when control of the product passes to customers, which may be either upon delivery
of the goods to the destination specified by customers or when the customer picks up the goods for delivery, depending on whether
the customer contracts logistics services from the Company.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Mining:</b></font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company recognizes revenues from sales of iron ore when control of the product passes to customers, which generally occurs, in
the case of export sales, when the product is loaded on the ship and, in the case of domestic sales, when the product is loaded
on the train.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Iron
ore export sales pursuant to the Incoterms &#8220;Cost, Insurance and Freight &#8211; CIF&#8221; and &#8220;Cost and Freight &#8211;
CFR&#8221; include maritime freight service embedded in the same invoice. In this case, the performance obligation of the maritime
freight service is considered separately from the shipment of iron ore and the Company recognizes revenue from the provision of
this service upon delivery of the goods to the destination specified by customers.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Logistics:</b></font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Rail
logistics services. The Company&#8217;s rail logistics services are provided by its subsidiary Ferrovia Transnordestina Log&#237;stica
S.A. (&#8220;FTL&#8221;). The Company recognizes revenues from rail logistics services when the performance obligation, which
is the contracted service, is completed, which occurs upon delivery of the goods to the destination specified by customers.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Port
logistics services. The Company&#8217;s port logistics services, which comprise handling of containers and storage, are provided
by its subsidiary Sepetiba Tecon S.A. (&#8220;TECON&#8221;). The Company recognizes revenues from port logistics services when
the performance obligation is completed. In the case of handling of containers, the performance obligation comprises the pool
of services contracted. In the case of storage services, each month of storage represents a performance obligation and, consequently,
the Company recognizes revenue on a monthly basis.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Energy:</b></font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company recognizes revenues from sales of energy that it has not used in its operations. This excess energy is made available
through the public network and the Chamber of Electric Energy Commercialization (C&#226;mara de Comercializa&#231;&#227;o de Energia
El&#233;trica), which is the governmental agency responsible for managing the network, redirects the energy to the electric system
and, on a monthly basis, informs the Company of the amount of energy that was redirected to the electric system. Accordingly,
the Company issues its invoice to this governmental agency and simultaneously recognizes the revenue from the sale of energy.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company&#8217;s only variable consideration arises when iron ore is provisionally priced and there is a difference with the final
price, which depends on future index prices. In this case, the Company initially recognizes revenue based on the applicable forward
market price and then accounts for any eventual adjustment based on the final price. The period between provisional pricing and
final invoicing is typically between 60 and 120 days.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Where
the Company has contracts with unfulfilled performance obligations at the end of a fiscal period, it discloses the transaction
price allocated to these performance obligations. The Company does not disclose this information for contracts with an expected
duration of one year or less.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company presents revenues on a consolidated basis in its income statement and by segment in the explanatory note 29 - Segment
Information.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>c)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Payment terms.</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Generally,
all sales of goods and provisions of services are payable within 30 days of the invoice date.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfRevenueExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for revenue.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfRevenueExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_NetRevenueFromSalesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_NetRevenueFromSalesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>51
<FILENAME>R32.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189556504">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>26. EXPENSES BY NATURE<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseByNatureAbstract', window );"><strong>Expenses by nature [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfExpensesByNatureExplanatory', window );">EXPENSES BY NATURE</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>26.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>EXPENSES BY NATURE</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 49%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Consolidated&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Raw
    materials and inputs</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(6,928,517)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(7,287,933)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(6,759,275)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Labor
    cost</font></td>
    <td style="vertical-align: bottom; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(3,187,428)</font></td>
    <td style="vertical-align: bottom; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,807,280)</font></td>
    <td style="vertical-align: bottom; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,743,460)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Supplies</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,150,452)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,981,547)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,782,576)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Maintenance
    cost (services and materials)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,340,255)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,340,135)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,326,894)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Outsourcing
    services</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,217,657)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,392,626)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,368,387)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Freight</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(216,506)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(334,509)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(109,756)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Distribution
    freight</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,421,079)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,787,979)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,692,785)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Depreciation,
    amortization and depletion</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,421,458)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,421,704)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,175,107)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,750,424)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(763,421)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(905,128)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; font-style: italic; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(21,633,776)</b></font></td>
    <td style="font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(20,117,134)</b></font></td>
    <td style="font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(18,863,368)</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Classified
    as:</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Cost
    of sales</font></td>
    <td style="vertical-align: bottom; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(19,124,901)</font></td>
    <td style="vertical-align: bottom; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(17,263,264)</font></td>
    <td style="vertical-align: bottom; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(16,105,657)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Selling
    expenses</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,004,417)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,342,805)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,263,688)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">General
    and administrative expenses</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(504,458)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(511,065)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(494,023)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; font-style: italic; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(21,633,776)</b></font></td>
    <td style="font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(20,117,134)</b></font></td>
    <td style="font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(18,863,368)</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
depreciation, amortization and depletion additions for the period were distributed as follows.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 44%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 18%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 18%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Production costs <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,374,046)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,385,306)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,145,793</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Selling expenses</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(13,978)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(11,539)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;5,850</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">General and administrative expenses</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(33,434)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(24,859)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">23,464</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,421,458)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(1,421,704)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,175,107</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other operational <font style="font-weight: 400"><sup>(2)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(95,270)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(97,627)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">97,914</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,516,728)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(1,519,331)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,273,021</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">(1)
The Company&#8217;s iron ore extraction in 2020 started using dry waste filtering and stacking in 100% of its production process.
As a normal consequence of the operation, the use of dams has become obsolete, and consequently, the assets of dams reached the
end of their useful lives on December 31, 2020. As a result of the technical and functional obsolescence of the dams, the book
balance of these assets in their entirety, (R$515,491), was fully depreciated in 2020 and appropriated to the cost of production.
The cost of production includes PIS and COFINS credits on lease agreements on December 31, 2020, in the amount of R$5,335.</font></p>

<p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">(2)
They mainly refer to the depreciation of investment properties, paralyzed equipment and amortization of the SWT Client Portfolio,
see note 27.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfExpensesByNatureExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of expenses by nature. [Refer: Expenses, by nature]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfExpensesByNatureExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExpenseByNatureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExpenseByNatureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>52
<FILENAME>R33.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189852344">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>27. OTHER OPERATING INCOME AND EXPENSES<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherOperatingInconeAndExpensesAbstarct', window );"><strong>Other Operating Income And Expenses</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory', window );">OTHER OPERATING INCOME AND EXPENSES</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>27.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>OTHER OPERATING
    INCOME AND EXPENSES</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 58%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Consolidated&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other operating
    income</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Receivables
    by indemnity <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;245,945</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">56,180</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">46,256</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Rentals
    and leases</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;9,096</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;9,462</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;5,430</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Dividends
    received</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,197</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">32,747</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;9,188</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">PIS,
    COFINS and INSS to compensate <font style="font-weight: 400"><sup>(2)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;120,452</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;123,677</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,102,365</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Contractual
    fines</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,783</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,486</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,965</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Actuarial
    pension plan</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">55,695</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">47,151</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20,983</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Updated
    shares &#8211; Fair Value through profit or loss (VJR)&#160;&#160;(Note 14II)</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12,579</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,655,813</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Contractual
    agreement <font style="font-weight: 400"><sup>(5)</sup></font></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;131,817</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    revenues</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">32,747</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">98,250</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">27,749</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;482,494</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;503,770</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;4,036,043</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;-</b></font></td>
    <td style="font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;-</b></font></td>
    <td style="font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;-</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Other operating
    expenses&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Taxes
    and fees</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(46,338)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(95,873)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(26,197)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Expenses
    with environmental liabilities, net</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">16,151</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(82,669)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(60,311)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Write-off/(Provision)
    of judicial lawsuits</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(130,869)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(19,685)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(113,549)</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Contractual
    fines</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(106,926)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(104,086)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Depreciation
    of equipment paralyzed and amortization of intangible assets (note 26)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(95,270)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(97,627)</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(97,914)</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Write-
    off of PP&#38;E and intangible assets (note 10, 11 and 12)&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(13,130)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(114,603)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(27,260)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Estimated
    (Loss)/reversal in inventories</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(179,012)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(136,827)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(149,704)</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Idleness
    in stocks and paralyzed equipment <font style="font-weight: 400"><sup>(3)</sup></font></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(303,975)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(546,968)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Studies
    and project engineering expenses</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(27,137)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(26,171)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(33,738)</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Research
    and development expenses</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(620)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,741)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(2,688)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Healthcare
    plan expenses</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(117,193)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(119,560)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(108,369)</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Cash
    flow hedge realized (Note 14 b)<font style="font-weight: 400"><sup>(4)</sup></font></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,951,035)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(790,353)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(370,191)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Updated
    shares &#8211; Fair value through profit or loss (Note 14II)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(118,780)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    expenses</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(421,628)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(149,068)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(218,701)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(3,270,056)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,406,851)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(1,330,706)</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Other
    operating income (expenses), net&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,787,562)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(1,903,081)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,705,337</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">1.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In June 2020, the
    Company received R$84,435 of indemnity after a court decision, of which R$58,785 for rent arrears arising from one of its
    investment properties and R$25,650 relating to an action for the collection of insurance for material damage caused by contractor
    in the construction of the long steel plant. Additionally, in June, the principal amount was recognized in the amount of R$147,612
    of receivables for indemnity (see note 9).</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">2.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In 2020, consist
    of the recovery of INSS credit on benefits granted to employees that should not be considered in the contribution calculation
    basis. In 2019, this is the exclusion of ICMS from the PIS and COFINS calculation basis.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">3.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Refers to the idle
    capacity arisen from production volumes lower than normal it was generated from the refurbishment of the blast furnace No.3
    and in the iron ore mining operation due to delays in the release of environmental licenses, which postponed the start of
    new ore mining fronts, as well as new dry tailing processes still in ramp-up stage.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">4.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As of December 31,
    2020, foreign exchange cash flow hedge was realized and reclassified from Other Comprehensive Income to Other Operating Expenses
    (R$1,667,886), as well as cash flow hedge of PLATTS index (R$283,149), totaling R$1,951,035 of hedge realization in the year.
    See note 14.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">5.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Referring to the
    contractual agreement signed for the supply of new equipment.</font></td></tr>
</table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of other operating income or expense. [Refer: Other operating income (expense)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOtherOperatingIncomeExpenseExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherOperatingInconeAndExpensesAbstarct">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent other operating income and expense abstract.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherOperatingInconeAndExpensesAbstarct</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>53
<FILENAME>R34.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189529688">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>28. FINANCIAL INCOME (EXPENSES)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfFinancialIncomeExpensesAbstract', window );"><strong>Financial Income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory', window );">FINANCIAL INCOME (EXPENSES)</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>28.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>FINANCIAL INCOME
    (EXPENSES)</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 58%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial income</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Related parties (note 22 b)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">51,124</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">79,228</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">64,888</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Income
    from financial investments</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">58,061</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">93,471</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;111,235</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Updated
    shares &#8211; Fair value through profit or loss (Note 14 II) <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,190,489</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other income (2)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;503,054</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;206,343</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,134,391</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,802,728</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;379,042</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,310,514</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial expenses</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
    and financing - foreign currency (note 13 b)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,600,973)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,128,520)</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(988,821)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
    and financing - local currency (note 13 b)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(401,079)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(867,785)</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,020,867)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Related
    parties</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(13,608)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(14,939)</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(16,092)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Lease
    liabilities</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(50,804)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(49,118)</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Capitalised
    interest (notes 11 and 33)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">92,506</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;117,189</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">71,611</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Interest
    and fines</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(290,673)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(158,794)</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(71,100)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">(-)
    Adjustment present value of trade payables</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(139,566)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Commission,
    bank fees, Guarantee and bank fees</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(162,085)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(217,784)</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(182,179)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">PIS/COFINS
    over financial income</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(39,149)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(25,176)</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(84,404)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other financial expenses</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(270,764)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(217,864)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">19,614</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,876,195)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,562,791)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,272,238)</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Others
    financial items, net</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange and monetary variation, net</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;392,971</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">47,579</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(533,918)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Gains and (losses) on exchange derivatives (*)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(115,815)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,986</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;277,156</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>52,565</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(533,919)</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,599,039)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,510,226)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial income
    (expenses), net</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(796,311)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,131,184)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(1,495,643)</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td colspan="3" style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>(*)
    Statement of gains and (losses) on derivative transactions (note 14)</b></font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Exchange rate
    swap Dollar x Euro&#160;</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(9,070)</font></td>
    <td style="vertical-align: bottom; color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;783</font></td>
    <td style="vertical-align: middle; color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Exchange rate
    swap GBP x Euro&#160;</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(602)</font></td>
    <td style="vertical-align: bottom; color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Exchange rate
    swap CDI x Dollar&#160;</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(106,143)</font></td>
    <td style="vertical-align: bottom; color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,203</font></td>
    <td style="vertical-align: middle; color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(115,815)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;4,986</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(1)</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">It refers to the
    appreciation of Usiminas&#8217; shares in the amount of R$1,190,489 as of December31, 2020. As of December 31, 2019, Usiminas&#8217;
    shares were reclassified to financial investments and their pricing fluctuation started to be recognized in the financial
    result.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(2)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">It mainly refers
    to the recognition of the exclusion of ICMS in the PIS and COFINS calculation base in the amount of R$81,758 on December 31,
    2020 (R$160,609 on December 31, 2019) in the Consolidated, and updating in the amount of R$369,571 of receivables for indemnity
    (see note 9).</font></td></tr>
</table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of finance income (cost). [Refer: Finance income (cost)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinanceIncomeExpenseExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfFinancialIncomeExpensesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfFinancialIncomeExpensesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>54
<FILENAME>R35.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189600024">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>29. SEGMENT INFORMATION<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsAbstract', window );"><strong>Disclosure of operating segments [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory', window );">SEGMENT INFORMATION</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>29.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>SEGMENT INFORMATION</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">According
to the Company&#8217;s structure, the businesses are distributed and managed in five operating segments as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm">&#149;<font style="font: 10pt Times New Roman, Times, Serif">Steel</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Steel Segment consolidates all the operations related to the production, distribution and sale of flat steel, long steel, metallic
containers and galvanized steel, with operations in Brazil, United States, Portugal and Germany. The Segment supplies the following
markets: construction, steel containers for the Brazilian chemical and food industries, home appliances, automobile and OEM (motors
and compressors). The Company&#8217;s steel units produce hot and cold rolled steel, galvanized and pre-painted steel of great
durability. They also produce tinplate, a raw material used to produce metallic containers.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Overseas,
Lusosider, which is based in Portugal, produces cold rolled steel and galvanized steel. CSN LLC in the U.S.A. meets local market
needs, import and export of steel products. In January 2012, CSN acquired Stahlwerk Th&#252;ringen (SWT), a manufacturer of long
steel located in Unterwellenborn, Germany. SWT is specialized in the production of shapes used for construction.</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
January 2014 the production of long steel products started in Brazil and consolidates the company as a source of complete construction
solutions, complementing its portfolio of products with high value added in the steel chain.</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm">&#149;<font style="font: 10pt Times New Roman, Times, Serif">Mining</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">This
segment encompasses the activities of iron ore and tin mining.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
high-quality iron ore operations are located in the Iron Quadrilateral in Minas Gerais, which has its own mines and sells third
party iron ore.</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">At
the end of 2015, CSN and the Asian Consortium formalized a shareholders' agreement for the combination of assets linked to iron
ore operations and the related logistics structure, forming a new company that has focused in mining of the Group activities from
December 2015. In this context, the new company, currently named CSN Minera&#231;&#227;o S.A., holds the TECAR arraignment, the
Casa de Pedra mine and all the shares of Namisa, which was incorporated on December 31, 2015. CSN still owns 100% of Min&#233;rios
Nacional which includes the mines of Fernandinho (operational), Cayman and Pedras Pretas (mineral resources), all located in Minas
Gerais.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Moreover,
CSN controls the Estanho de Rond&#244;nia S.A., a company with mining units and tin casting, in the state of Rond&#244;nia.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font><font style="font: 10pt Times New Roman, Times, Serif">Logistics</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>i.
Railway</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">CSN
has equity interests in three railroad companies: MRS Log&#237;stica, which manages the former Southeast Network of Rede Ferrovi&#225;ria
Federal S.A. (RFFSA), Transnordestina Log&#237;stica S.A. and FTL - Ferrovia Transnordestina Log&#237;stica S.A., which has the
concession to operate the former Northeast Network of the RFFSA in the states of Maranh&#227;o, Piau&#237;, Cear&#225;, Rio Grande
do Norte, Para&#237;ba, Pernambuco and Alagoas.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>a)
MRS</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
railroad transportation services provided by MRS are fundamental to the supply of raw materials and the shipment of final products.
The total amount of iron ore, coal and coke consumed by the Presidente Vargas Mill as well as part of the steel produced by CSN
for the domestic market and for export are carried by MRS.</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Southeast Brazilian railroad system, encompassing 1,674 kilometers of tracks, serves the tri-state industrial area of S&#227;o
Paulo-Rio de Janeiro-Minas Gerais, in the southeast region, linking the mines located in Minas Gerais to the ports located in
S&#227;o Paulo and Rio de Janeiro, and the steel mills of CSN, Companhia Sider&#250;rgica Paulista, or Cosipa, and Gerdau A&#231;ominas.
Besides serving other customers, the railroad system carries iron ore from the Company&#8217;s mines in Casa de Pedra, Minas Gerais,
and coke and coal from the Itagua&#237; Port, in Rio de Janeiro, to Volta Redonda, and carries CSN&#8217;s export products to
the ports of Itagua&#237; and Rio de Janeiro.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>b)
TLSA and FTL</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">TLSA
and FTL hold the concession for the former Malha Nordeste by RFFSA. The northeastern railway system covers 4,238 km of railway
network divided into two sections: i) Mesh I, which integrates the sections of S&#227;o Luiz - Mucuripe, Arrojado - Recife, Itabaiana
- Cabedelo, Paula Cavalcante - Macau - and Propri&#225; - Jorge Lins (Mesh I); and ii) Malha II, which includes the sections of
Miss&#227;o Velha - Salgueiro, Salgueiro - Trindade, Trindade - Eliseu Martins, Salgueiro - Porto de Suape and Miss&#227;o Velha
- Porto de Pec&#233;m.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">In
addition, it connects to the main ports in the region, thereby offering an important competitive advantage through opportunities
for combined transport solutions and tailor-made logistics projects.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>ii.
Port</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
port logistics segment consolidates the terminal&#8217;s operation from Sepetiba built after the port modernization law (Law 8.630
/ 1993) that allowed the transfer of port activities to the private sector. The Sepetiba terminal has a complete infrastructure
to meet all the needs of exporters, importers and shipowners. Its installed capacity exceeds that of most Brazilian terminals.
It has cribs and a large storage area, as well as the most modern and adequate equipment, systems and intermodal connections.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company&#8217;s constant investment in terminal projects consolidates the Itagua&#237; Port Complex as one of the most modern
in the country.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Energy</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">CSN
is one of the largest industrial consumers of electric energy in Brazil. As energy is fundamental in its production process, the
Company invests in electricity generation assets to guarantee its self-sufficiency. These assets are: It&#225; Hydroelectric Plant,
located in the State of Santa Catarina, with a capacity of 1,450 MW, in which CSN participates with 29.5%; Igarapava Hydroelectric
Plant, located in Minas Gerais, with a capacity of 210 MW, in which CSN holds 17.9% of the capital; and 238 MW thermoelectric
cogeneration plant, in operation at the Presidente Vargas Steelworks since 1999, which uses waste gas from the steel production
itself as fuel.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cement</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Cement segment consolidates the production, sale and distribution of cement using slag that is produced by the blast furnaces
of the Presidente Vargas Steelworks, in Volta Redonda / RJ.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/120% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
clinker production is located in Arcos / MG, using limestone from its own mine and also two cement mills in addition to the mills
that already operate in Volta Redonda / RJ.</font></p>

<p style="font: 9pt/120% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
information presented to Management regarding the performance of each segment is generally derived directly from accounting records
combined with some intercompany allocations.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sales by geographic
    area</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Sales
by geographic area are determined based on the customers&#8217; location. On a consolidated basis, domestic sales are represented
by revenues from customers located in Brazil and export sales are represented by revenues from customers located abroad.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Results by segment</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">For
the purpose of preparing and presenting the information by business segment, Management decided to maintain the proportional consolidation
of the joint ventures as historically presented. For purposes of reconciliation of the consolidated result, the amounts recorded
by these companies are not included in the "Corporate expenses/elimination" column.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="border-bottom: black 0.5pt solid; width: 28%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>P&#38;L</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Steel</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Mining&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Logistics</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Energy</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cement</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><p style="margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Corporate</b></font></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>expenses/&#160;</b></font></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>elimination&#160;</b></font></p></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Port</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Railroads</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Net revenue (note 25)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;16,602,895</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;12,683,231</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">256,371</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,489,647</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;172,859</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;858,192</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,999,175)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;30,064,020</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Cost of sales and services (note 26)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(14,170,692)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(5,531,763)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(187,860)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,094,130)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(128,227)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(647,132)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,634,903</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(19,124,901)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Gross profit</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,432,203</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,151,468</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;68,511</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>395,517</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>44,632</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;211,060</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;635,728</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;10,939,119</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">General and administrative expenses (note 26)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(922,862)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(179,806)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(21,949)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(114,970)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(30,243)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(88,232)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,150,813)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(2,508,875)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other operating (income) expenses, net (note
    27)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(392,061)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(665,881)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(5,420)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;52,569</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(2,967)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(44,893)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,728,909)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(2,787,562)</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Equity in results of affiliated companies (note
    10)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">71,755</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;71,755</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Operating result
    before Financial Income and Taxes</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,117,280</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>6,305,781</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;41,142</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>333,116</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,422</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>77,935</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,172,239)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,714,437</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sales
    by geographic area</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Asia</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,461,791</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,144,614</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,606,405</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">North America</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">922,299</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">922,299</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Latin America</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">327,900</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;995</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">328,895</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Europe</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,627,011</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,688,851</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,315,862</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,346</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,346</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Foreign market</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,881,556</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;11,150,642</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;995</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,144,614</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;17,177,807</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Domestic market</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;11,721,339</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,532,589</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>256,371</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,489,647</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;172,859</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;857,197</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(3,143,789)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;12,886,213</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;16,602,895</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;12,683,231</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>256,371</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,489,647</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;172,859</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;858,192</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(1,999,175)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;30,064,020</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>P&#38;L</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Steel</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Mining&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Logistics</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Energy</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cement</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><p style="margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Corporate</b></font></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>expenses/</b></font></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>elimination</b></font></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"></p></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Port</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Railroads</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Net revenue (note 25)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;13,949,032</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;10,027,649</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">240,451</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,321,355</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;325,343</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;570,805</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(998,218)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;25,436,417</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Cost of sales and services (note 26)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(12,962,861)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(4,396,247)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(173,344)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,030,210)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(266,754)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(607,719)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,173,871</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(17,263,264)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Gross profit</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>986,171</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,631,402</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;67,107</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>291,145</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>58,589</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(36,914)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,175,653</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>8,173,153</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">General and administrative expenses (note 26)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(834,977)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(186,189)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(34,560)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(109,770)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(29,034)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(91,466)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,567,874)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(2,853,870)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other operating (income) expenses, net (note
    27)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,055,190)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(218,009)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(3,860)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">147,155</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,486)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(40,630)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(731,061)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,903,081)</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Equity in results of affiliated companies (note
    10)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;125,715</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">125,715</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td colspan="2" style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Operating
    result before Financial Income and Taxes</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(903,996)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,227,204</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;28,687</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>328,530</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>28,069</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(169,010)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(997,567)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,541,917</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sales
    by geographic area</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Asia</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,980</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,742,946</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,463,870</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,209,796</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">North America</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">767,977</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">767,977</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Latin America</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">169,036</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">169,036</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Europe</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,978,994</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,357,867</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,336,861</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,046</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,046</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Foreign market</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,921,033</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,100,813</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,463,870</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;14,485,716</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Domestic market</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;10,027,999</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>926,836</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>240,451</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,321,355</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;325,343</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;570,805</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,462,088)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;10,950,701</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;13,949,032</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;10,027,649</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>240,451</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,321,355</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;325,343</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;570,805</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(998,218)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;25,436,417</b></font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 28%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>P&#38;L</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Steel</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Mining&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Logistics</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Energy</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cement</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><p style="margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Corporate&#160;</b></font></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>expenses/&#160;</b></font></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>elimination</b></font></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"></p></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Port</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Railroads</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Net revenue (note 25)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;15,634,143</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,984,781</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">266,378</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,506,114</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;410,606</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;588,230</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,421,366)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;22,968,887</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Cost of sales and services (note 26)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(12,613,216)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(3,585,691)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(189,999)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,049,071)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(286,734)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(544,266)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,163,321</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(16,105,656)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Gross profit</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,020,927</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,399,091</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;76,378</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>457,043</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;123,872</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>43,965</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;741,956</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>6,863,231</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">General and administrative expenses (note 26)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(984,980)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(144,754)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(35,423)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(106,412)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(27,948)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(95,893)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,362,302)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(2,757,711)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other operating (income) expenses, net (note
    27)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,993,790</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(222,957)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,469)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(34,911)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(387)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;299</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;971,970</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,705,335</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Equity in results of affiliated companies (note
    10)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;135,706</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">135,706</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td colspan="2" style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Operating
    result before Financial Income and Taxes</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,029,736</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,031,379</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;38,486</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>315,721</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>95,537</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(51,628)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;487,330</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>6,946,561</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sales
    by geographic area</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Asia</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;40,681</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,422,377</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,297,258</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,760,316</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">North America</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,506,041</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,506,041</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Latin America</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">369,830</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">369,830</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Europe</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,330,991</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">590,043</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,921,034</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;58,229</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;58,229</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Foreign market</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,305,771</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,012,420</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,297,258</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;11,615,450</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Domestic market</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;10,328,372</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>972,360</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>266,378</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,506,114</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;410,606</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;588,230</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,718,623)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;11,353,437</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;15,634,143</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,984,781</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>266,378</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,506,114</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;410,606</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;588,230</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(1,421,366)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;22,968,887</b></font></td></tr>
</table>
<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">An
operating segment is a component of the Company committed to business activities, from which it can earn revenue and incur expenses,
including income and expenses related to transactions with any other components of the Company. All operating results of operating
segments are regularly reviewed by CSN&#8217;s Executive Board to make decisions about the resources to be allocated to the segment
and to evaluate its performance, and for which different financial information is available.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for operating segments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;doctype=Standard&amp;dita_xref=IFRS08_g20-24_TI<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOperatingSegmentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOperatingSegmentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>55
<FILENAME>R36.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189583784">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansAbstract', window );"><strong>Disclosure of defined benefit plans [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory', window );">EMPLOYEE BENEFITS</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>30.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>EMPLOYEE BENEFITS</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
pension plans granted cover substantially all employees. The plans are managed by Caixa Beneficente dos Empregados de CSN (&#8220;CBS&#8221;),
a private, non-profit pension fund established in July 1960, which has as members (and former employees) who have joined the fund.
through a membership agreement, in addition to CBS employees themselves. The CBS Executive Board is made up of a president and
two directors, all appointed by CSN, the main sponsor of CBS. The Deliberative Council is the decision-making and superior guidance
body of CBS, composed of the president and ten members, six of them chosen by CSN and four of them elected by the participants.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Until
December 1995, CBS Previd&#234;ncia managed two defined benefit plans based on years of service, salary and social security benefits.
On December 27, 1995, the then Supplementary Pension Secretariat (&#8220;SPC&#8221;) approved the implementation of a new benefit
plan, effective as of that date, called the Supplementary Benefit Mixed Plan (&#8220;Mixed Plan&#8221;), structured under the
form of a variable contribution plan, which has been closed to new members since September 2013. As of that date, all new employees
must join the CBSPrev Plan, structured in the form of defined contribution, also created in September 2013.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
CBS guarantee funds are mainly invested in repo operations (backed by federal government bonds), federal government bonds indexed
to inflation, stocks, loans and real estate. As of December 31, 2020, CBS held 4,450,652 CSN common shares (1,870,652 as of December
31, 2019). The entity&#8217;s total guarantee resources totaled R$5.7 billion on December 31, 2020 (R$5.5 billion on December
31, 2019). CBS fund managers seek to combine plan assets with long-term benefit obligations to be paid. Pension funds in Brazil
are subject to certain restrictions related to their ability to invest in foreign assets and, consequently, the funds invest primarily
in securities in Brazil.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Guarantee
Funds are considered to be the available and investment assets of the Benefit Plans, not including the amounts of debts contracted
with sponsors.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">For
defined benefit plans, called &#8220;35% of Average Salary&#8221; and &#8220;Supplementary Average Salary Plan&#8221;, the Company
maintains a financial guarantee with CBS Previd&#234;ncia, the entity that manages the aforementioned plans, in order to maintain
the financial balance and actuarial, should any future actuarial loss or actuarial gain occur.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
compliance with current legislation, specific to the pension fund market, for the last 4 years ended (2017, 2018, 2019 and 2020),
there was no need to pay installments by CSN, since the benefit plans defined actuarial gains in the year.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>30.a)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Description of
    pension plans</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Plan
of 35% of the average salary</u></b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">This
plan started on February 1, 1966 and is a defined benefit plan, the purpose of which is to pay retirement benefits (length of
service, special, disability or old age) for life, equivalent to 35% of the adjusted average of the last 12 salaries of the participant.
The plan also guarantees the payment of sickness benefit to the participant licensed by the Official Social Security and also
guarantees the payment of savings, death and monetary assistance. This plan was deactivated on October 31, 1977, when the plan
to supplement the average salary came into effect.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Average
salary supplementation plan</u></b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">This
plan started on November 1, 1977 and is a defined benefit plan. Its objective is to complement the difference between the corrected
average of the last 12 wages of the participant and the benefit of the Official Social Security for retirements, also for life.
As with the 35% plan, there is coverage for sickness benefit, death benefit and pension benefits. This plan was deactivated on
December 26, 1995, with the creation of the mixed supplementary benefit plan.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>Mixed
supplementary benefit plan</u></b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Started
on December 27, 1995, it is a variable contribution plan. In addition to the programmed retirement benefit, payment of risk benefits
(active pension, disability and sickness / accident benefits) is also provided. In this plan, the retirement benefit is calculated
based on what was accumulated by the monthly contributions of the participants and the sponsors, as well as the option of each
participant in the form of receiving the same, which can be for life (with or without continuity of pension for death) or by a
percentage applied to the balance of the benefit-generating fund (loss for an indefinite period). After retirement, the plan will
have the characteristic of a defined benefit plan, if the participant has opted to receive his benefit in the form of lifetime
monthly income. This plan was deactivated on September 16, 2013, when the CBSPrev plan came into effect.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>CBS
Prev Plan</u></b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On
September 16, 2013, the new CBSPrev pension plan began, which is a defined contribution plan. In this plan, the retirement benefit
is determined based on what has been accumulated by the monthly contributions of participants and sponsors. The option of each
participant to receive it can be: (a) receive a part in cash (up to 25%) and the remaining balance, through monthly income for
a percentage applied to the benefit generating fund, not being applicable to death pension benefits, (b) receive only monthly
income for a percentage applied to the benefit generating fund.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">With
the creation of the CBSPrev plan, the Mixed Supplementary Benefit Plan was deactivated for the entry of new participants as of
September 16, 2013.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>CBSPREV
Namisa Plan</u></b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">It
is a Defined Contribution plan with risk benefits during the activity (projection of the balances in case of disability or death
and sickness / accident benefits). It has been in operation since January 6, 2012, when it was created to serve exclusively the
employees of Nacional Min&#233;rios S / A. After the corporate reorganization, which took place in 2016, other Sponsors joined
this Plan, among them, CSN Minera&#231;&#227;o SA</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
this plan, all benefits offered are calculated based on what has been accumulated by the monthly contributions of participants
and sponsors and are paid through a percentage applied to the balance of the benefit generating fund. The CBSPREV Namisa Plan
has been closed to the entry of new participants since July 2017 and in 2020 the plan&#8217;s extinction process was finalized
due to the total withdrawal of sponsorship.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>30.b)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investment policy</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
investment policy establishes the principles and guidelines that should govern the investment of resources entrusted to the entity,
with the objective of promoting the security, liquidity and profitability necessary to ensure the balance between the plan&#8217;s
assets and liabilities, based on the ALM study (<i>Asset Liability Management</i>), which takes into account the benefits of the
participants and beneficiaries of each plan.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
investment plan is reviewed annually and approved by the Deliberative Council, considering a 5-year horizon, as established by
CGPC resolution no. 7, of December 4, 2003. The investment limits and criteria established in the policy are based on Resolution
4,661 / 18, published by the National Monetary Council (&#8220;CMN&#8221;).</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>30.c)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Employee benefits</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
actuarial calculations are updated, at the end of each year, by external actuaries and presented in the financial statements in
accordance with IAS 19 - <i>Employee Benefits</i>.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 57%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Actuarial
    asset</b></font></td>
    <td style="font-size: 10pt; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Actuarial
    liabilities</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Benefits of pension
    plans&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(13,819)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(13,714)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;79,546</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;19,788</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Post-employment
    healthcare benefits</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: bottom; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;678,880</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;892,396</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(13,819)</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(13,714)</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;758,426</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;912,184</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
reconciliation of assets and liabilities of employee benefits is presented below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 65%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Present value of defined benefit obligation</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,645,822</font></td>
    <td style="color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">3,581,460</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">3,087,433</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Fair value of
    plan assets</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(3,766,194)</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(3,894,488)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(3,403,906)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Deficit(Surplus)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>(120,372)</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(313,028)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(316,473)</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Restriction to actuarial assets due to recovery
    limitation</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;186,099</font></td>
    <td style="color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">319,102</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">224,561</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities (Assets),
    net</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;65,727</b></font></td>
    <td style="font-weight: bold; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;6,074</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(91,912)</b></font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Liabilities</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;79,546</font></td>
    <td style="vertical-align: middle; font-weight: bold; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;19,788</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;7,982</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Assets</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(13,819)</font></td>
    <td style="vertical-align: middle; font-weight: bold; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(13,714)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(99,894)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net (assets) recognized
    in the balance sheet</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;65,727</b></font></td>
    <td style="font-weight: bold; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;6,074</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(91,912)</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
change in the present value of the defined benefit obligation is shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 63%; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Present value of
    obligations at the beginning of the year</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,581,460</b></font></td>
    <td style="color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,087,433</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,077,849</b></font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Cost of service</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">968</font></td>
    <td style="vertical-align: bottom; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,093</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,169</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Interest cost</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;236,551</font></td>
    <td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">283,487</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">304,132</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Participant contributions
    made in the period</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">1,998</font></td>
    <td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,126</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Benefits paid</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(278,960)</font></td>
    <td style="color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(269,995)</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(280,493)</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Actuarial loss/(gain)</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;103,805</font></td>
    <td style="color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">477,316</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(15,224)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Present value of
    obligations at the end of the year</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,645,822</b></font></td>
    <td style="font-weight: bold; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,581,460</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,087,433</b></font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td colspan="6" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">The
    change in the fair value of the plan&#8217;s assets is shown below:</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair value of plan
    assets at the beginning of the year</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(3,894,488)</b></font></td>
    <td style="font-weight: bold; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(3,403,906)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(3,305,356)</b></font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Interest income</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(257,946)</font></td>
    <td style="vertical-align: bottom; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(314,102)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(327,830)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Benefits Paid</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;278,960</font></td>
    <td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">269,995</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">280,493</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Participant contributions
    made in the period</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,998)</font></td>
    <td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,127)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Return on plan
    assets (less interest income)</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;109,279</font></td>
    <td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(444,348)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(51,213)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair value of plan
    assets at the end of the year</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(3,766,193)</b></font></td>
    <td style="color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(3,894,488)</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(3,403,906)</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td colspan="6" style="text-align: justify; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">The
    composition of the amounts recognized in the income statement is shown below:</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Cost of current
    service</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">968</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,093</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,169</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Interest cost</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;236,551</font></td>
    <td style="vertical-align: bottom; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">283,487</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">304,132</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Expected return
    on plan assets</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(257,946)</font></td>
    <td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(314,102)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(327,830)</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Interest on the
    asset ceiling effect</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;21,737</font></td>
    <td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;21,502</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;16,340</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total costs / (income),
    net</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,310</b></font></td>
    <td style="font-weight: bold; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(8,020)</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>(6,189)</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td colspan="6" style="text-align: justify; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">The
    (cost) / revenue is recognized in the income statement under other operating expenses.</font></td></tr>
<tr style="vertical-align: bottom">
    <td colspan="6"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td colspan="6" style="text-align: justify; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">The
    movement of actuarial gains and losses is shown below:</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Actuarial losses and (gains)</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>103,805</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;477,316</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(15,224)</b></font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Return on plan
    assets (less interest income)</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;109,279</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(444,348)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(51,213)</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Change in the
    asset&#8217;s limit (excluding interest income)</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(154,741)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;73,039</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;50,058</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total cost of actuarial
    losses and (gains)</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;58,343</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;106,007</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(16,379)</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td colspan="6" style="text-align: justify; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">The
    breakdown of actuarial gains and losses is shown below:</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Loss due to change
    in demographic assumptions</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;67,930</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(139,813)</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Loss due to change
    in financial assumptions&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(30,454)</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">472,715</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;46,917</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Loss due to experience
    adjustments</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;66,329</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,601</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;77,672</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Return on plan
    assets (less interest income)</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;109,279</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(444,348)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(51,213)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Change in the
    asset&#8217;s limit (excluding interest income)</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(154,741)</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;73,039</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;50,058</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Actuarial losses and (gains)</font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;58,343</b></font></td>
    <td style="font-weight: bold; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;106,007</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(16,379)</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
main actuarial assumptions used were as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 28%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 37%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 34%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Actuarial financing
    method</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Projected
    unit credit</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Projected
    unit credit</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Functional currency</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Real
    (R$)</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Real
    (R$)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Recognition of
    plan assets</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Fair
    value</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Fair
    value</font></td></tr>
<tr>
    <td rowspan="2" style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Nominal
    discount rate</font></td>
    <td rowspan="2" style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Millennium
    Plan: 6,95%<br />Plan 35%: 6,24%<br />Supplementation : 6,44%</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td rowspan="2" style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Millennium
    Plan: 6,98%<br />Plan 35%: 6,75%<br />Supplementation: 6,81%</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Inflation rate</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.32%</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.61%</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Nominal salary
    increase rate</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">4.35%</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">4.65%</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Nominal benefit
    increase rate</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.32%</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.61%</font></td></tr>
<tr>
    <td rowspan="2" style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Rate
    of return on investments</font></td>
    <td rowspan="2" style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Millennium
    Plan: 6,95%<br />Plan 35%: 6,24%<br />Supplementation : 6,44%</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td rowspan="2" style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Millennium
    Plan: 6,98%<br />Plan 35%: 6,75%<br />Supplementation: 6,81%</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">General mortality
    table</font></td>
    <td style="vertical-align: middle; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Millennium
    Plan: AT-2012 segregated by gender<br />Plan 35%: AT-2000 Male aggravated by 15%<br />Supplementation: AT-2000 aggravated
    by 10% segregated by gender</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Millennium
    Plan: AT-2000 smoothed down by 10% segregated by gender<br />Plan 35%: AT-2000 Male aggravated by 15%<br />Supplementation:
    AT-2000 aggravated by 10% segregated by gender</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Disability table</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">35%
    Plan Light Medium. <br />Millenium Plan: Prudential (-10%)&#160;Supplementation: not applicable</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">35%
    Plan and Supplementation: Light Medium. Millenium Plan:<br />Prudential (Ferr. Retirement)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Disability mortality
    table</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Millenium
    Plan: AT-71<br />35% Plan : MI-2006 -10% M&#38;F&#160;Supplementation: Winklevoss -10%</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Winklevoss
    - 1%&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Turnover table</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Millenium
    plan 5% per annum, zero for plans 35% and Supplementation</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Millenium
    plan 5% per annum, zero for plans 35% and Supplementation</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Retirement age</font></td>
    <td style="vertical-align: middle; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;100%
    on the first date he/she becomes eligible for programmed retirement benefit under the plan&#160;</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;100%
    on the first date he/she becomes eligible for programmed retirement benefit under the plan&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Household of
    active participants</font></td>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;95%
    will be married at the time of retirement, with the wife being 4 years younger than the husband&#160;</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;95%
    will be married at the time of retirement, with the wife being 4 years younger than the husband&#160;</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
assumptions regarding the mortality table are based on published statistics and mortality tables. These tables translate into
an average life expectancy in years for employees aged 65 and 40:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Plan
    covering 35% of the average salary</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="2" style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Average
    salary supplementation plan</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="2" style="border-top: black 1pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Mixed
    supplementary benefit plan (Mil&#234;nio Plan)&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 47%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Longevity
    at age of 65 for current participants</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Male</font></td>
    <td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">18.38</font></td>
    <td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;18.38</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;18.75</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">18.75</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">21.47</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20.45</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Female</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">18.38</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;18.38</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;21.41</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">21.41</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">23.34</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">23.02</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Longevity at age
    of 40 for current participants</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Male</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">40.15</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;40.15</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;40.60</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">40.60</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">44.07</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">42.70</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Female</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">40.15</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;40.15</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;44.41</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">44.41</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">46.68</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">46.28</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Allocation
of plan assets:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 32%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: middle; color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Variable income</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;54,285</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1.44%</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;25,236</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.65%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;141,705</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.16%</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Fixed income</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,438,735</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">91.31%</font></td>
    <td style="vertical-align: bottom; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,607,398</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">92.63%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,050,099</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">89.61%</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Real estate</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;182,145</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.84%</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;183,098</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.70%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;52,091</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1.53%</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;91,028</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2.42%</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;78,756</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2.02%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;160,011</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.70%</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,766,193</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>100.00%</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,894,488</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>100.00%</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,403,906</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>100.00%</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
assets invested in variable income are mainly invested in CSN shares.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Fixed
income assets are mainly composed of debentures, Interbank Deposit Certificates (&#8220;CDI&#8221;) and National Treasury Notes
(&#8220;NTN-B&#8221;).</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Real
estate refers to buildings valued by a specialized asset appraisal company. There are no assets in use by CSN and its subsidiaries.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">For
the pension plan, the expense in 2020 was R$41,050 (R$40,644 on December 31, 2019).</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>30.d)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Expected contributions</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">There
are no expected contributions that will be paid to the defined benefit plans 35% and Supplementation in 2021.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">For
the mixed supplementary benefit plan, the expected contributions in the amount of R$21,563 will be paid in 2021 for the defined
contribution portion and R$1,322 for the defined benefit portion (risk benefits).</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>30.e)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity analysis</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
quantitative sensitivity analysis in relation to significant assumptions, for pension plans on December 31, 2020 is shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 49%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-top: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Plan
    covering 35% of the average salary</b></font></td>
    <td style="border-top: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Average
    salary supplementation plan</b></font></td>
    <td style="border-top: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Mixed
    supplementary benefit plan (Mil&#234;nio Plan)&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assumption: Discount
    rate</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity level</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on current service cost and on interest on actuarial obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,005)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,084</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(5,507)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;5,954</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(4,758)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;5,309</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on present value of obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">17,381</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(16,114)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">92,456</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(85,515)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">76,188</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(68,287)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assumption: Salary
    growth</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity level</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on current service cost and on interest on actuarial obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;191</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(181)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on present value of obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,079</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,030)</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assumption: Mortality
    table</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity level</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on current service cost and on interest on actuarial obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;120</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(120)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;623</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(623)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;430</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(430)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on present value of obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,928</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,928)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;9,669</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(9,669)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;5,975</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(5,975)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assumption: Benefit
    adjustment</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity level</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">+1 year</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">- 1 year</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">+1 year</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">- 1 year</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">+1 year</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">- 1 year</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on current service cost and on interest on actuarial obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;850</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(839)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,382</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(4,362)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,562</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,541)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on present value of obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13,626</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(13,455)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">68,039</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(67,726)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">22,603</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(22,306)</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Following
are the expected benefits for future years for defined benefit plans:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 53%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Forecast
    payments</b></font></td>
    <td style="width: 23%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 23%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Year 1</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;281,314</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Year 2</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;272,801</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Year 3</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;266,342</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Year 4</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;259,595</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Year 5</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;252,578</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Next 5 years</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,137,146</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    forecast payments</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,469,776</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>30.f)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Post-Employment
    Health Plan</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">It
refers to the health plan created on December 1, 1996 exclusively to cover former retired employees, pensioners, amnesties, ex-combatants,
widows of labor accident victims and retirees until March 20, 1997 and their respective legal dependents. Since then, the health
plan has not allowed the inclusion of new beneficiaries. The Plan is sponsored by CSN.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
amounts recognized in the balance sheet were determined as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 65%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 17%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 17%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Present value of obligations</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;678,880</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;892,396</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Liabilities</font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;678,880</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;892,396</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
reconciliation of health benefit liabilities is presented below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 65%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 17%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 17%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Actuarial liability at the beginning of the
    year</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;892,396</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;897,137</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Expenses recognized in income for the year</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">57,731</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">69,907</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Sponsor&#8217;s contributions transferred in
    prior year</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(81,340)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(82,081)</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Recognition of actuarial loss/(gain)&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(189,907)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;7,433</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Actuarial
    liability at the end of the year&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>678,880</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>892,396</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
actuarial gains and losses recognized in equity are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 53%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="width: 1%; vertical-align: middle; color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Gain/(loss) recognized in shareholders' equity&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(189,907)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;7,433</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">16,237</font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Below
is the weighted average life expectancy based on the mortality table used to determine the actuarial obligations:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 65%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="width: 1%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Longevity
    at age of 65 for current participants</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="background-color: white">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Male</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20.24</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;20.24</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;19.55</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Female</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20.24</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;20.24</font></td>
    <td style="font-size: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;22.17</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Longevity at age
    of 40 for current participants</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="background-color: white">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Male</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">42.74</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;42.74</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;41.59</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Female</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">42.74</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;42.74</font></td>
    <td style="font-size: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;45.30</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
actuarial assumptions used to calculate post-employment health benefits were:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 53%; vertical-align: bottom; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Biometric and Demographic</b></font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif">General mortality table</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">AT 2000 segregated
    by gender</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">AT 2000 segregated
    by gender</font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Actuarial nominal discount rate</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6.53%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6.78%</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Inflation</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3.32%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3.61%</font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Real increase in medical costs based on age
    (Aging Factor)&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0,5% - 3,00% real
    per year</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0,5% - 3,00% real
    per year</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Nominal increase medical costs growth rate&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.10%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6.98%</font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Average medical cost (Claim cost)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;913.00</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,319.36</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>30.g)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity analysis</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
quantitative sensitivity analysis for significant assumptions for the post-employment health benefit as of December 31, 2020 is
shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 65%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 17%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 17%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Healthcare
    Plan</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="2" style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assumption:
    Discount rate</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity level</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on current service cost and on interest on actuarial obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,216</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,339)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on present value of obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(30,300)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">33,447</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="2" style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assumption:
    Medical Inflation</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity level</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1.0%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-1.0%</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on current service cost and on interest on actuarial obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,749</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(3,978)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on present value of obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">72,688</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(60,887)</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="2" style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assumption:
    Benefit adjustment</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity level</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">+1 year</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">- 1 year</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on current service cost and on interest on actuarial obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,123</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(2,925)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on present value of obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">47,797</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(44,768)</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Following
are the expected benefits for future exercises for post-employment health benefit plans:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 53%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Forecast
    benefit payments</b></font></td>
    <td style="width: 23%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 23%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Year 1</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">60,143</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Year 2</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">58,312</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Year 3</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">56,323</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Year 4</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">54,177</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Year 5</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">51,892</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Next 5 years</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;221,734</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    forecast payments</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;502,581</b></font></td></tr>
</table>
<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accounting
Policy&#160;</b></font></p>

<p style="font: bold 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Employee
benefits - long term</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">A
defined contribution plan is a post-employment benefit plan under which the Company pays contributions to CBS, obligations for
contributions to defined contribution pension plans are recognized as employee benefit expenses in the income statement during
the periods during which they are paid. services are provided by employees. In this modality, the Company will have no legal or
constructive obligation to pay additional amounts, as the risks fall on employees.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
the defined benefit plan, obligations are assessed annually by independent actuaries, the unit credit method is used in the calculation,
the assumptions for the calculation include biometric, demographic, financial and economic assumptions. The discount rate is applied
to define the present value of the defined benefit obligations, the fair value of the assets is also determined. The amount recognized
in the Company&#8217;s balance sheet is the net of obligations after the discount rate less the fair value of the assets.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">When
the calculation results in a benefit to the Company, the asset to be recognized is limited to the total of any past unrecognized
service costs and the present value of the economic benefits available in the form of future plan reimbursements or reduction
in future plan contributions . Actuarial gains and losses resulting from defined benefit plans immediately in other comprehensive
income. In the event of extinction of the plan, the accumulated actuarial gains and losses are recorded in income.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Short-term
employee benefits</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Payments
of benefits such as salary or vacation, as well as the respective labor charges on these benefits are recognized monthly in the
income statement, respecting the accrual basis.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Employees
&#8216;profit sharing and executives&#8217; variable remuneration are linked to the achievement of operational and financial goals.
The Company recognizes a liability and an expense substantially when these goals are achieved by allocating them to the cost of
production or operating expenses.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfEmployeeBenefitsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for employee benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Section Scope<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;doctype=Standard&amp;dita_xref=IAS19_g2-7_TI<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfEmployeeBenefitsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>56
<FILENAME>R37.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189540504">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>31. COMMITMENTS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsAbstract', window );"><strong>Commitments</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfCommitmentsExplanatory', window );">COMMITMENTS</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>31.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>COMMITMENTS</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>31.a)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>T<i>ake-or-pay
    contracts </i></b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As
of December 31, 2020 and 2019, the Company <font style="line-height: 115%">was a party to take-or-pay contracts as shown in the
following table</font>:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 9pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Payments
    in the period</b></font></td>
    <td style="font-weight: bold; color: red"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; width: 47%; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Type
    of service</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2019</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2020</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2021</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2022</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2023</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>After
    2023</b></font></td>
    <td style="width: 1%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Transportation
    of iron ore, coal, coke, steel products, cement and mining products.</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,555,398</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">946,865</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,195,158</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,195,508</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,195,508</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,476,220</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,062,394</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Supply
    of power, natural gas, oxygen, nitrogen, argon and iron ore pellets.</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">959,362</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,044,380</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">674,378</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">28,530</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">24,779</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">191,284</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">918,971</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Processing
    of slag generated during pig iron and steel production.</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">56,024</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">75,863</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13,240</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">9,298</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,652</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">25,190</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Manufacturing,
    repair, recovery and production of ingot casting machine units.</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,930</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,674</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">480</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">480</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Oil
    Storage and Handling</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,900</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,608</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,608</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,608</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">402</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,226</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Labor
    and consultancy services</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">27,002</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">32,279</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">28,428</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">27,380</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">27,380</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">191,657</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">274,845</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,603,716</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,108,961</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,913,292</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,262,324</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,251,927</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,859,563</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;8,287,106</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>31.b)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Projects and
    other commitments</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm">&#149;<font style="font: 10pt Times New Roman, Times, Serif"><b>Transnordestina
project</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Transnordestina project corresponds to the rail network II of the Northeast Railway System, includes building 1,753 km of new,
next-generation, wide-gauge tracks. The project posts an evolution of 54% progress which was expected to completion for 2017,
completion period currently under discussion with the responsible agencies.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company expects that the investments will allow Transnordestina Log&#237;stica SA (&#8220;TLSA&#8221;), the concessionaire that
owns the Transnordestina Project, to transport various products, such as iron ore, limestone, soybeans, cotton, sugar cane, fertilizers,
oil and fuels. The concession period ends in 2057 and may be terminated before that period if the concessionaire reaches the minimum
return agreed with the Government. TLSA has obtained the environmental authorizations required and implementation is advanced
in certain regions.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
sources of financing for the project are: (i) financing granted by Banco do Nordeste / FNE and BNDES, (ii) debentures issued by
FDNE, (iii) Via Permanente use contracts and (iv) capital contribution by CSN and public shareholders. The approved investment
for the work is R$7,542,000, and the balance of funds to be disbursed will be updated by the IPCA as of the April 2012 base date.
If additional resources are needed, they will be made possible by CSN and / or third parties through the execution of Permanent
Use of Contracts.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
approved budget amount is composed as follows: Miss&#227;o Velha - Salgueiro amounting to R$0.4 billion, Salgueiro - Trindade
amounting to R$0.7 billion, Trindade - Eliseu Martins amounting to R$2.4 billion, Miss&#227;o Velha - Port of Pec&#233;m amounting
to R$3 billion, Salgueiro - Port of Suape amounting to R$4.7 billion, totaling R$11.2 billion. The project is currently in the
process of budgetary adjustment whose proposed budget is in the order of R$13.2 billion.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company guarantees 100% of the financing obtained by TLSA from Banco do Nordeste / FNE and BNDES, as well as 50.97% of the debentures
issued by the FDNE (considers 48.47% of corporate guarantee, 1.25% of letter of guarantee) for BNB and 1.25% corporate guarantee
for BNB). Under the terms of the FDNE regulation approved by Federal Decree No. 6,952 / 2009, as well as the Investment Agreement
signed with public shareholders / financiers, up to 50% of the debentures may be converted into shares of TLSA.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Federal Audit Court - TCU, through a precautionary decision issued in May 2016, referring to the TC 012.179 / 2016 process, suspended
new transfers of public funds to TLSA by Valec Engenharia, Constru&#231;&#245;es e Ferrovias SA, Fundo de Investimento do Nordeste
- FINOR, Constitutional Financing Fund for the Northeast - FNE, Development Fund for the Northeast - FDNE, National Bank for Economic
and Social Development - BNDES and BNDES Participa&#231;&#245;es SA - BNDESPar. After the appeal against the precautionary decision
and the necessary explanations were provided, in June 2016, the preliminary decision issued by the TCU was revoked unanimously
by the members of this court, and the continuity of the programmed contributions was restored.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">By
means of a new precautionary decision issued in January 2017, referring to case TC 012.179 / 2016, the Federal Court of Accounts
- TCU suspended new transfers of public funds to TLSA by Valec Engenharia, Constru&#231;&#245;es e Ferrovias SA, Fundo de Investimento
do Nordeste - FINOR, Constitutional Financing Fund for the Northeast - FNE, Development Fund for the Northeast - FDNE, National
Bank for Economic and Social Development - BNDES and BNDES Participa&#231;&#245;es SA - BNDESPar. The Company has been providing
the necessary clarifications to TCU and acting firmly so that the decision will be revoked soon and the flow of programmed contributions
will be reestablished.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company concluded as of December 31, 2019, according to the scheduled schedule, the engineering deliveries referring to the review
of the projects of the sections to be executed, as well as the survey of the services already performed in the sections in progress
and concluded (<i>as built</i> &#8221;), In order to allow the validation of the regulatory budget and the preparation of a revisited
schedule. The Company awaits the analyzes to be carried out by the regulatory agency, which are in progress.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">There
is an administrative procedure before the National Transportation Agency (&#8220;ANTT&#8221;) that assesses the regular compliance
with the Concession Agreement obligations by the Company. In this context, in 2020, ANTT proposed to the Federal Government the
declaration of the expiry of the TLSA Concession Contract and the initiation of an administrative proceeding within the scope
of the Superintendence of Infrastructure and Railway Cargo Transport Services - SUFER. ANTT&#8217;s recommendation, which was
substantially contested by TLSA, does not bind the Granting Authority, nor does it end the discussion, as the evaluations of the
Ministry of Infrastructure and the Presidency of the Republic are still pending. In addition, judicial review of the matter is
also possible. The Company continues its activities to implement sections of the railway in the States of Piau&#237; and Cear&#225;
and to preserve the sections already built, with a reasonable expectation that the continuity of its operations will be maintained.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">There
is an administrative procedure before ANTT that assesses the regular fulfillment of the obligations of the Concession Contract
corresponding to Mesh II by the TLSA Concessionaire. ANTT&#8217;s technical area, in a unilateral opinion, understood that there
was a breach of contractual obligations by the Concessionaire. The opinion of the technical area is under evaluation and, if the
irregularity is proven, ANTT may apply the applicable penalties or recommend the declaration of forfeiture to the Presidency of
the Republic, the procedure being in the investigation phase, with no definitive decision to date the merit.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">On
September 16, 2020, the request for reconsideration and suspension of Judgment No. 67/2017 was filed with TCU, which determined
the suspension of transfers of public funds to the project until the assessment of engineering projects and the determination
of the regulatory budget by National Land Transport Agency - ANTT. In this reconsideration request, management requests that,
in view of the exhaustion of Transnordestina&#8217;s measures to approve the budget for the project&#8217;s works and the indispensability
of the resources provided for in the agreements that structured the project for its completion, the understanding contained in
Judgment 67 / 2017, with the consequent immediate release of public resources under the responsibility of public sources. In the
alternative, he requested that, if the release of public contributions is not granted, we require the immediate release of FINOR
funds, since, regardless of their nature, they have the character of reimbursement of the amounts evidently applied by Transnordestina
in the works, and cannot be subject to the suspension stipulated in Judgment No. 67/2017 - TCU.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font><font style="font: 10pt Times New Roman, Times, Serif">FTL
- Ferrovia Transnordestina Log&#237;stica SA (Operational network)</font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
relation to Malha I, operated by FTL - Ferrovia Transnordestina Log&#237;stica SA (&#8220;FTL&#8221;), there is an administrative
procedure before the National Transport Agency (&#8220;ANTT&#8221;) that assesses the regular compliance with the Concession Contract
obligations by the FTL Concessionaire. Due to a unilateral assessment, ANTT reported that FTL would have failed to comply with
the TAC signed in 2013 due to the failure to meet the 2013 production target. In this context, the agency proposed to the Union
the declaration of the expiry of the FTL Concession Contract and the initiation of an administrative proceeding within the scope
of the Superintendence of Infrastructure and Railway Cargo Transport Services - SUFER. The Company continues to rely on ANTT&#8217;s
positioning.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfCommitmentsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of commitments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfCommitmentsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfCommitmentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfCommitmentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>57
<FILENAME>R38.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026195420296">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>32. INSURANCE<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTypesOfInsuranceContractsAbstract', window );"><strong>Disclosure of types of insurance contracts [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfInsuranceContractsExplanatory', window );">INSURANCE</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>32.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>INSURANCE</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
order to adequately mitigate risks and in view of the nature of its operations, the Company and its Subsidiaries contract several
different types of insurance policy. The policies are taken out in line with the Risk Management policy and are similar to the
insurance taken out by other companies in the same industry in which CSN and its subsidiaries operate. The coverage of these policies
includes: National Transport, International Transport, Life and Personal Accident Insurance, Health, Vehicle Fleet, D&#38;O (Administrators
Liability Insurance), General Liability, Engineering Risks, Named Risks, Export Credit, Insurance Warranty and Civil Liability
Port Operator.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
2020, after negotiations with insurers and reinsurers in Brazil and abroad, an Operational Risk Insurance Policy for Property
Damage and Business Interruption was issued, effective from June 30, 2020 to June 30, 2021. Under the policy, the Maximum Indemnity
Limit is US$600 million, and the deductible is US$385 million for material damages and 45 days for loss of profits, covering the
following units and subsidiaries of the Company: Usina Presidente Vargas, CSN Minera&#231;&#227;o SA and Sepetiba Tecon.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
risk assumptions adopted, given their nature, are not part of the scope of an audit of the financial statements, and consequently
were not examined by our independent auditors.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfInsuranceContractsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for insurance contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 4<br> -IssueDate 2020-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2020-en-b&amp;doctype=Standard&amp;book=b&amp;dita_xref=IFRS04_g36-39M_TI<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Effective 2021-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2020-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2020-en-r&amp;doctype=Standard&amp;dita_xref=IFRS17_g93-132_TI<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfInsuranceContractsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTypesOfInsuranceContractsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTypesOfInsuranceContractsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>58
<FILENAME>R39.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189584344">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>33. ADDITIONAL INFORMATION TO CASH FLOWS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionalInformationToCashFlowsAbstract', window );"><strong>Additional Information To Cash Flows [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfCashFlowStatementExplanatory', window );">ADDITIONAL INFORMATION TO CASH FLOWS</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>33.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>ADDITIONAL INFORMATION
    TO CASH FLOWS</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
following table presents additional information on transactions related to the statement of cash flows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 59%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 13%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Income tax and social contribution paid&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;542,877</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,167,419</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;336,962</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Addition to PP&#38;E with interest capitalization
    (notes 11 and 28)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;92,506</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;117,189</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;71,611</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Initial adoption IFRS16 &#8211; Right of use</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;640,989</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Remeasurement and addition &#8211; Right of
    use (note 11 a)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;109,993</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(151,558)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Addition to PP&#38;E without adding cash</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;30,345</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;278,213</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;10,792</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Capitalization in subsidiaries without cash</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;104,809</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Addition to investment property without cash
    effect</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;61,597</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;942,127</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;2,052,252</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;419,365</b></font></td></tr>
</table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfCashFlowStatementExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for a statement of cash flows.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Section Presentation of a statement of cash flows<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;doctype=Standard&amp;dita_xref=IAS07_g10-17_TI<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfCashFlowStatementExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdditionalInformationToCashFlowsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdditionalInformationToCashFlowsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>59
<FILENAME>R40.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026195427656">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>34. SUBSEQUENT EVENTS<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract', window );"><strong>Disclosure of non-adjusting events after reporting period [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory', window );">SUBSEQUENT EVENTS</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>34.</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>SUBSEQUENT EVENTS</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 15pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Prospectus for
    the Offering of CSN Minera&#231;&#227;o SA shares</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On
February 17, the Company released to the market the final prospectus of the public offering of primary and secondary distribution
of common shares of its issuance, through B3 - Brasil, Bolsa, Balc&#227;o. The Offer will comprise (i) the primary distribution
of 161,189,078 new Shares (&#8220;Primary Offer&#8221;); and (ii) the secondary distribution of, initially, 372,749,743 shares,
with the possibility of adding up to 20% of additional shares held by all current shareholders and, also, up to 15% of additional
shares held by the majority shareholder, CSN .</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
the final prospectus of the Offer, the price per Share (&#8220;Price per Share&#8221;) is R$8.50, totaling R$1,370 million in
primary shares and R$2,785 million in secondary shares. The Price per Share was fixed after the completion of the procedure for
collecting investment intentions from institutional investors carried out in Brazil and abroad.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Upon
the completion of the Offer, the Company&#8217;s shares were split in the proportion of 1:30, and consequently its share capital
started to be represented by 5,430,057,060 (five billion, four hundred and thirty million, fifty-seven thousand and sixty) common
shares, nominative and without value nominal, as approved by the Extraordinary General Meeting held on October 15, 2020.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 15pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Debt reprofiling</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
January 2021, the Company reprofiled part of export prepayment contracts in the amount of US$265 million, whose maturities in
2022 in the amount of US$79 million were postponed to 2023. In addition, the Company amortized R$315 million in NCEs whose maturities
would occur over 2021.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Additionally,
on February 12, 2021, the Company repurchased, for subsequent cancellation, 450,000 debentures from the 10th Issue in the amount
of R$391 million. This repurchase corresponds to 23% of the debentures of that Issue.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: italic bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 15pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>Asset
    drop down for CSN Cimentos S.A.</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On
January 31, 2021, the Company concluded the drop down of the cement segment, with all assets and liabilities related to the cement
business being transferred from CSN to its subsidiary recently incorporated CSN Cimentos S.A.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 15pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Increase in share
    capital</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Board of Directors, in a meeting held on February 22, 2021, approved the capitalization of part of the statutory reserve in the
amount of R$1,500 million, without changing the number of shares, increasing the Company&#8217;s capital to R$6,040 million.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The entire disclosure for events after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 10<br> -IssueDate 2020-01-01<br> -Section Disclosure<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=10&amp;code=ifrs-tx-2020-en-r&amp;doctype=Standard&amp;dita_xref=IAS10_g17-22_TI<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>60
<FILENAME>R41.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026188152344">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfChangesInAccountingEstimatesAbstract', window );"><strong>Disclosure of changes in accounting estimates [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory', window );">Declaration of conformity</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: top"><td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.a)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Declaration of
    conformity</b></font></td></tr>
</table>
<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
consolidated financial statements have been prepared and are being presented in accordance with International Financial Reporting
Standards (&#8220;IFRS&#8221;) issued by the International Accounting Standards Board (IASB) and includes all of the relevant
information of the financial statements, and only this information, which correspond to those used by the Company&#8217;s management
in its activities.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfBasisOfConsolidationExplanatory', window );">Basis of presentation</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: top"><td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.b)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Basis of presentation</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">The
financial statements have been prepared using the historical cost as the basis of value, the net realizable value, the fair value
or the recovery value, except when otherwise indicated.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
preparation of these financial statements requires Management to use certain accounting estimates, judgments and assumptions that
affect the application of Accounting Polices and the amounts reported on the balance sheet date of assets, liabilities, income
and expenses may differ from actual future results. The assumptions used are based on history and other factors considered relevant
and are reviewed by the Company&#8217;s management.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
accounting policies and critical estimates, when applicable and relevant, are included in the respective explanatory notes and
are consistent with the previous year presented, as shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>


<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;<font style="line-height: normal">&#160;&#160;&#160;&#160;&#160;&#160;</font></font></td>
  <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Explanatory note 10 e - Recoverability test of investment on
Transnordestina Log&#237;stica SA (&#8220;TLSA&#8221;);&#160;</font></td></tr>
</table>


<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 14.2pt">&#149;<font style="font: 10pt/normal Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
  <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Explanatory note 12 a - Goodwill impairment test;</font></td></tr>
</table>


<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>

<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;<font style="line-height: normal">&#160;&#160;&#160;&#160;&#160;&#160;</font></font></td>
  <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Explanatory note 14 - Derivative financial instruments and
hedge accounting (&#8220;hedge accounting&#8221;);&#160;</font></td></tr>
</table>


<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 14.2pt">&#149;<font style="font: 10pt/normal Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
  <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Explanatory note 18 d - Deferred income and social contribution
taxes: availability of future taxable income against which deductible temporary differences and tax losses can be used;&#160;</font></td></tr>
</table>


<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;<font style="line-height: normal">&#160;&#160;&#160;&#160;&#160;&#160;</font></font></td>
  <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Explanatory note 20 - Provision for tax, social security, labor,
civil, environmental risks and judicial deposits;&#160;</font></td></tr>
</table>


<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Explanatory note
    21 - Provisions for environmental liabilities and asset retirement obligations;</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
  <td style="text-align: justify; width: 14.2pt">&#149;<font style="font: 10pt/normal Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
  <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Explanatory note 30 - Employee benefits.</font></td></tr>
</table>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
consolidated financial statements were approved by Board of Directors on April 12, 2021.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory', window );">Functional currency and presentation currency</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: top"><td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.c)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Functional currency
    and presentation currency</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
accounting records included in the financial statements of each of the Company&#8217;s subsidiaries are measured using the currency
of the principal of the economic environment in which each subsidiary operates (&#8220;the functional currency&#8221;). The consolidated
financial statements are presented in R$ (reais), which is the Company&#8217;s functional and reporting currency.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
currency transactions are translated into the functional currency using the exchange rates prevailing on the transaction or valuation
dates, in which the items are remeasured. The balances of the asset and liability accounts are translated using the exchange rate
on the balance sheet date. As of December 31, 2020, US$1,00 is equivalent to R$5.1967 (R$4.0307 on December 31, 2019) and &#8364;1,00
is equivalent to R$6.3779 (R$4.5305 on December 31, 2019), as stated on the website of the Brazilian Central Bank.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfAccountingPolicyForExplanatoryNotesForBasisOfPresentationExplanatory', window );">Explanatory notes for basis of presentation</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: top"><td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.d)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Explanatory notes
    for basis of presentation</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
2020, the Company improved the presentation of its financial statements to users. As a result, the relevant information for assessing
the Company's financial position was changed and, accordingly, accounting practices related to assets, liabilities, revenues and
expenses are now presented in the explanatory notes of each relevant item.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Additionally,
in order to improve the presentation with more qualitative aspects, the Company discloses long-term inventory in note 7 and the
current and non-current recoverable taxes in note 8, which were previously presented as other current and non-current assets.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations', window );">Adoption of new and revised International Financial Reporting Standards (IFRS)</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: top"><td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2.e)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Adoption of new
    and revised International Financial Reporting Standards (IFRS)</b></font></td></tr>
</table>
<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">During
the year of 2020, the IASB issued the revision of the referred standards below, already in force in the year of 2020. Some accounting
pronouncements that became effective as of January 1, 2020, having been adopted and without significant impacts on the Company&#8217;s
results and financial position were as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Business definition
    (changes to IFRS 3)</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Definition of materiality
    (changes to IAS 1 and IAS 8)</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Reform of the benchmark
    interest rate (changes to IFRS 9, IAS 39 and IFRS 7)</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Changes to references
    to the basic conceptual framework (various standards)</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Concessions related
    to COVID-19 (amendments to IFRS 16)</font></td></tr>
</table>
<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">The
changes were evaluated and adopted by the Company&#8217;s management, and there were no impacts on its financial statements regarding
their application.</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">New
standards, changes and interpretations to existing standards that are not yet effective and have not been adopted in advance by
the Company (for which no significant impact is expected in the initial adoption period and that, therefore, additional disclosures
are not being made):</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">IFRS 17 &#8212;
    Insurance Contracts</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Changes to IFRS
    17 Insurance contracts (changes to IFRS 17 and IFRS 4)</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">References to the
    Conceptual Framework</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Products before
    intended use (changes to IAS 16)</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Onerous contracts
    - cost of fulfilling a contract (changes to IAS 37)</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Annual cycle of
    improvements to IFRS 2018-2020 (changes to IFRS 1, IFRS 9, IFRS 16 and IAS 41)</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 10.95pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 10.35pt"><font style="font: 10pt Times New Roman, Times, Serif">&#149;</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Classification of
    liabilities as current and non-current (changes to IAS 1)</font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for foreign currency translation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 117<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_117_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the initial application of an IFRS. [Refer: IFRSs [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfBasisOfConsolidationExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the basis used for consolidation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfBasisOfConsolidationExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of the basis used for the preparation of the financial statements.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 10<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_10_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfChangesInAccountingEstimatesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfChangesInAccountingEstimatesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DescriptionOfAccountingPolicyForExplanatoryNotesForBasisOfPresentationExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the entity's accounting policy for explanatory notes for basis of presentation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DescriptionOfAccountingPolicyForExplanatoryNotesForBasisOfPresentationExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>61
<FILENAME>R42.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026193550792">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>4. CASH AND CASH EQUIVALENTS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CashAndCashEquivalentAbstract', window );"><strong>Cash And Cash Equivalents</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfCashAndCashEquivalentsTableTextBlock', window );">Schedule of cash and cash equivalents</a></td>
<td class="text"><table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: middle"><td style="white-space: nowrap; width: 47%; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b></b></font></td>
    <td style="white-space: nowrap; width: 26%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="white-space: nowrap; width: 26%; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="white-space: nowrap; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="white-space: nowrap; text-align: left; padding-left: 12px; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cash
    and banks</b></font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="white-space: nowrap; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">In
    Brazil</font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;245,185</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">42,736</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="white-space: nowrap; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Abroad</font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,899,282</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;454,033</font></td></tr>
<tr style="vertical-align: middle">
    <td style="white-space: nowrap; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="white-space: nowrap; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;4,144,467</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="white-space: nowrap; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;496,769</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="white-space: nowrap; text-align: left; padding-left: 24px; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="white-space: nowrap; text-align: left; padding-left: 12px; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investments</b></font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="white-space: nowrap; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">In
    Brazil</font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;5,800,119</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;531,924</font></td></tr>
<tr style="vertical-align: middle">
    <td style="white-space: nowrap; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Abroad</font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">60,262</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="white-space: nowrap; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,800,119</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;592,186</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="white-space: nowrap; text-align: left; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;9,944,586</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,088,955</b></font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CashAndCashEquivalentAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CashAndCashEquivalentAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfCashAndCashEquivalentsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of cash and cash equivalents .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfCashAndCashEquivalentsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>62
<FILENAME>R43.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026193617256">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>5. FINANCIAL INVESTMENTS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfFinancialInvestmentsAbstract', window );"><strong>Financial Investments</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DetailInformationOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory', window );">Schedule of financial investment</a></td>
<td class="text"><table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: middle"><td style="width: 36%"><font style="font: 10pt Times New Roman, Times, Serif"><b></b></font></td>
    <td style="width: 1%; text-align: center; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; text-align: center; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; text-align: center; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; text-align: center; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; text-align: center; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td style="font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non
    Current</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="text-align: right; font-weight: bold; border-top-color: black; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="text-align: right; font-weight: bold; border-top-color: black; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="background-color: rgb(220, 230, 241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Investments(1)</font></td>
    <td style="text-align: right; font-weight: bold; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">478,253</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;518,553</font></td>
    <td style="font-weight: bold; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Usiminas shares(2)</font></td>
    <td style="text-align: right; font-weight: bold; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">3,305,109</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,114,620</font></td>
    <td style="font-weight: bold; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220, 230, 241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Bonds (3)</font></td>
    <td style="text-align: right; font-weight: bold; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">123,409</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;95,719</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,783,362</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,633,173</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>123,409</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;95,719</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(1)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">These are restricted
    financial investments and linked to a Bank Deposit Certificate (CDB) to guarantee a letter of guarantee from financial institutions
    and financial investments in Public Securities (LFT - Letras Financeiras do Tesouro) managed by their exclusive funds.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">P<font style="line-height: 115%">art
    of the shares guarantees a portion of the Company's debt</font>.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; margin-bottom: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(3)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">B<i>onds</i> with
    Fibra bank due in February 2028 (see note 22).</font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DetailInformationOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to detail information of investments other than investments accounted for using equity method explanatory.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DetailInformationOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfFinancialInvestmentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfFinancialInvestmentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>63
<FILENAME>R44.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189576664">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>6. TRADE RECEIVABLES (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivablesAbstract', window );"><strong>Trade and other receivables [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfTradeReceivablesTableTextBlock', window );">Schedule of trade receivables</a></td>
<td class="text"><table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: middle"><td style="width: 47%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="width: 26%; text-align: left; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: left; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trade receivables</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: white">
    <td style="text-align: left; padding-left: 12px; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Third
    parties</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Domestic
    market</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">910,657</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,118,632</font></td></tr>
<tr style="vertical-align: middle; background-color: white">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    market</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,063,867</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,003,905</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,974,524</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,122,537</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Allowance
    for doubtful debts</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(228,348)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(245,194)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,746,176</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,877,343</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Related
    parties (note 22 b)</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">121,176</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">170,588</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; text-align: right; font-weight: bold; border-top-color: black; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,867,352</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; text-align: right; font-weight: bold; border-top-color: black; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,047,931</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfGrossTradeReceivablesFromThirdPartiesTableTextBlock', window );">Schedule of gross trade receivables from third parties</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
composition of the gross balance of accounts receivable from third party customers is shown as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 47%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="background-color: rgb(220, 230, 241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Current</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">2,537,567</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">1,739,746</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Past-due up to
    30 days</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">222,972</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">132,845</font></td></tr>
<tr style="background-color: rgb(220, 230, 241)">
    <td style="text-align: left; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Past-due
    up to 180 days</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;17,915</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;23,877</font></td></tr>
<tr>
    <td style="text-align: left; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Past-due
    over 180 days</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">196,070</font></td>
    <td style="text-align: right; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">226,069</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,974,524</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,122,537</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfChangesInAllowanceForDoubtfulDebtsTableTextBlock', window );">Schedule of allowance for doubtful debts</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
changes in credit losses are as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="font: 8pt/normal Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 44%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 27%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 27%; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Opening balance</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(245,194)</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(237,352)</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">(Loss)/Reversal estimated</font></td>
    <td style="background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;7,513</font></td>
    <td style="text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">(43,313)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220, 230, 241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Recovery and write-offs
    of receivables&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9,333</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">35,471</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Closing balance</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(228,348)</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(245,194)</b></font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherReceivablesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherReceivablesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfChangesInAllowanceForDoubtfulDebtsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of changes in allowance for doubtful debts .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfChangesInAllowanceForDoubtfulDebtsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfGrossTradeReceivablesFromThirdPartiesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of gross trade receivables from third parties .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfGrossTradeReceivablesFromThirdPartiesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfTradeReceivablesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of trade receivables .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfTradeReceivablesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>64
<FILENAME>R45.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189539944">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>7. INVENTORIES (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InventoriesAbstract', window );"><strong>Inventories [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfInventoryTableTextBlock', window );">Schedule of inventory</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: middle"><td style="width: 47%"><font style="font: 10pt Times New Roman, Times, Serif"><b></b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 26%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 26%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Finished goods</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,627,676</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,691,842</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Work in progress<sup>(1)</sup></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,358,905</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,438,868</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Raw materials</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,289,653</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,493,129</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Spare parts</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">928,158</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">902,135</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Advances to suppliers</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">69,536</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">35,828</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Provision for losses&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(109,038)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(134,553)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,164,890</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,427,249</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Classified:</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Current</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,817,586</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,282,750</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Non-current</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">347,304</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">144,499</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,164,890</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,427,249</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"></p>
<table cellspacing="0" cellpadding="0" style="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 18pt"><font style="font: 10pt Times New Roman, Times, Serif">1.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Long-term iron ore
    inventories that will be used after the construction of the processing plant, which will produce pellet feed, In 2020, the
    Company defined the construction project for the new plant for processing Itabirito, which until then was considered as waste,
    and started to be incorporated into the long-term ore inventory.</font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfChangesInProvisionForInventoryLossesTableTextBlock', window );">Schedule of provision for inventory losses</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
changes in estimated losses on inventories are as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="font-weight: bold; width: 44%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; width: 27%"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; width: 27%"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Opening balance</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(134,553)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(157,754)</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">(Estimated
    losses) / Reversal of inventories with low turnover and obsolescence</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;25,515</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;23,201</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Closing balance</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(109,038)</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(134,553)</b></font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_InventoriesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_InventoriesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfChangesInProvisionForInventoryLossesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of changes in provision for inventory losses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfChangesInProvisionForInventoryLossesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfInventoryTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of inventory.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfInventoryTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>65
<FILENAME>R46.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189883864">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>8. RECOVERABLE TAXES (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RecoverableTaxesAbstract', window );"><strong>Recoverable Taxes</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfRecoverableTaxesTableTextBlock', window );">Schedule of recoverable taxes</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: middle"><td style="width: 47%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b></b></font></td>
    <td style="width: 26%; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">State Value-Added Tax</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,002,926</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,109,887</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Brazilian federal contributions
    <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,417,081</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,230,793</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Other taxes</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">123,939</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;61,675</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,543,946</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,402,355</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Classified:</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Current</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,605,494</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,282,415</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Non-current</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">938,452</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,119,940</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,543,946</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,402,355</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">1.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Refers mainly to
    PIS / COFINS (VAT Federal) all to be recovered and income tax and social contribution to be offset. In respect to PIS and
    COFINS to be recoverable on September 20, 2018, the writ of mandamus and special appeal filed in 2006, in which CSN and the
    Federal Union are parties, related to the discussion about the non-inclusion of ICMS in the PIS and COFINS calculation basis,
    was judged in final court decision, confirmed the right of CSN to offset the amounts unduly paid as a result of the PIS and
    COFINS base being increased by the inclusion of ICMS in the period from 2001 to 2014.</font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RecoverableTaxesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RecoverableTaxesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfRecoverableTaxesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the summary of recoverable taxes table text block.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfRecoverableTaxesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>66
<FILENAME>R47.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189575080">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>9. OTHER CURRENT AND NON-CURRENT ASSETS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNoncurrentAssetsAbstract', window );"><strong>Other current and non-current assets [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfOtherCurrentAndNoncurrentAssetsTableTextBlock', window );">Schedule of other current and non-current assets</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: middle"><td style="width: 37%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b></b></font></td>
    <td style="width: 15%; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: center; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Judicial deposits (note 20)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">325,117</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">328,371</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Credits with the PGFN <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;46,774</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Prepaid expenses</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">136,527</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">107,428</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">115,636</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">126,213</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Prepaid expenses with sea freight <font style="font-weight: 400"><sup>(2)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;74,500</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;96,305</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Actuarial asset (note 30)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;13,819</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;13,714</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Derivative financial instruments (note 14 I)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,364</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,203</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Securities held for trading (note 14 I)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,065</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,034</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Loans with related parties (nota 14 I and 22.b)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">966,050</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">846,300</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other receivables from related parties (note
    22 b)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,242</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,830</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">664,020</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">428,672</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other receivables (note 14 I)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,445</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,059</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Eletrobr&#225;s compulsory loan (note 14 I)
    <font style="font-weight: 400"><sup>(3)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">852,532</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">845,284</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Dividends receivables (note 22 b)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;38,088</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;44,554</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Employee debts</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;28,054</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;33,045</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Receivables by indemnity
    <font style="font-weight: 400"><sup>(4)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">517,183</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;79,338</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">102,021</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">146,245</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">146,525</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>367,814</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>390,581</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,603,047</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,793,115</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">1.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In September 2020,
    the Company reclassified the amount to judicial deposits.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">2.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Refers a payment
    of freight expenses and maritime insurance over revenues didn&#8217;t recognized.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">3.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">This is a certain
    and due amount, arising from the res judicata favorable decision to the Company, which is irreversible and irrevocable, in
    order to apply the STJ's consolidated position on the subject, which culminated in the conviction of Eletrobr&#225;s to the
    payment of the correct interest and monetary adjustment of the Compulsory Loan. The res judicata decision, as well as the
    certainty about the amounts involved in the liquidation of the sentence (judicial procedure to request the satisfaction of
    the right), allowed the conclusion that the entry of this value is certain. In addition to this amount already recorded, the
    Company continues to seek alternatives for the recovery of additional credits and the estimate can reach an amount greater
    than R$350 million.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">4.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">This is a net, certain
    and enforceable amount, resulting from the final and unappealable decision of the Court in favor of the Company, due to losses
    and damages resulting from the sinking of the voltage in the supply of energy in the periods from January / 1991 to June /
    2002. The receivable for indemnification in the amount of R$147,612 was recognized in the income statement for the year in
    other operating income and expenses and in the financial result, the amount of R$369,571. See notes 27 and 28, respectively.</font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherCurrentAndNoncurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherCurrentAndNoncurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfOtherCurrentAndNoncurrentAssetsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of other current and noncurrent assets .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfOtherCurrentAndNoncurrentAssetsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>67
<FILENAME>R48.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026185905656">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract', window );"><strong>Basis Of Consolidation And Investments In Subsidiaries And Affiliates</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfDirectAndIndirectSubsidiariesJointVenturesAndJointOperationsTableTextBlock', window );">Schedule of direct and indirect subsidiaries, joint ventures and joint operations</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The consolidated financial statements for the
years ended December 31, 2020 and 2019 include the following direct and indirect subsidiaries, joint ventures and joint operations,
as well as the exclusive funds, as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 9pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 22%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Number
    of shares held by CSN in units</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 18%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equity
    interests (%)</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 20%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 20%; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Companies</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-top-color: black; font-weight: bold; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Core
    business</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Direct interest
    in subsidiaries: full consolidation</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">CSN Islands VII Corp.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20,001,000</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Financial transactions&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">CSN Inova Ventures
    <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">50,000</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Financial transactions&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">CSN Islands XII Corp.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,540</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Financial transactions&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">CSN Steel S.L.U.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">22,042,688</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Equity interests
    and Financial transactions</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">TdBB S.A (*)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Equity interests&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Sepetiba Tecon S.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;254,015,052</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Port services&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Min&#233;rios NacionalS.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;141,719,295</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Mining and Equity
    interests&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Companhia Florestal
    do Brasil</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">66,354,391</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99.99</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Reforestation&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Estanho de Rond&#244;nia
    S.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;195,454,162</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Tin Mining</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Companhia Metal&#250;rgica Prada</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;555,142,354</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Manufacture of
    containers and distribution of steel products&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">CSN Minera&#231;&#227;o
    S.A.&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;158,419,480</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;87.52</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">87.52</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Mining</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">CSN Energia S.A.&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">43,149</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Sale of electric
    power&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">FTL - Ferrovia Transnordestina Log&#237;stica
    S.A.&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;486,592,830</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;92.38</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">92.38</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Railroad logistics&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Nordeste Log&#237;stica S.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99,999</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Port services&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">CSN Inova Ltd.&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Advisory and
    implementation of new development projec&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">CSN Equipamentos
    S.A <font style="font-weight: 400"><sup>(2)</sup></font></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99.99</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Rental of commercial
    and industrial machinery and equipment&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">CBSI - Companhia Brasileira de Servi&#231;os
    de Infraestrutura</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,669,986</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Equity interests
    and product sales and iron ore&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">CSN Cimentos S.A<font style="font-weight: 400"><sup>.(3)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;90</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;90.00</font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Manufacturing
    and sale of cement</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Indirect interest
    in subsidiaries: full consolidation</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; color: red"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Lusosider Projectos Sider&#250;rgicos S.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Equity interests
    and product sales&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Lusosider A&#231;os Planos, S. A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Steel and Equity
    interests&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">CSN Resources S.A.</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Financial transactions
    and Equity interests&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Companhia Brasileira
    de Latas&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="vertical-align: middle; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.99</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Sale
    of cans and containers in general and Equity interests&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Companhia de
    Embalagens Met&#225;licas MMSA&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.67</font></td>
    <td style="vertical-align: middle; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.67</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Production
    and sale of cans and related activities&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Companhia de
    Embalagens Met&#225;licas - MTM&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.67</font></td>
    <td style="vertical-align: middle; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;99.67</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Production
    and sale of cans and related activities&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">CSN Steel Holdings
    1, S.L.U.&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Financial
    transactions, product sales and Equity interests&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">CSN Productos
    Sider&#250;rgicos S.L.&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Financial
    transactions, product sales and Equity interests&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Stalhwerk Th&#252;ringen
    GmbH&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Production
    and sale of long steel and related activities&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">CSN Steel Sections
    UK Limited <font style="font-weight: 400"><sup>(4)</sup></font></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Sale
    of long steel&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">CSN Steel Sections
    Polska Sp.Z.o.o&#160;</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; font-weight: bold; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Financial
    transactions, product sales and Equity interests&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">CSN Mining Holding, S.L</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;87.52</font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;87.52</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Financial transactions,
    product sales and Equity interests&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">CSN Mining GmbH&#160;</font></td>
    <td style="font-size: 8pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">87.52</font></td>
    <td style="font-size: 8pt; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;87.52</font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Financial transactions,
    product sales and Equity interests&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">CSN Mining Asia Limited&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;87.52</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;87.52</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Commercial representation&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Lusosider Ib&#233;rica
    S.A.&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Steel,
    commercial and industrial activities and equity interests&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">CSN Mining Portugal,
    Unipessoal Lda.&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;87.52</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;87.52</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Commercial and
    representation of products&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Companhia Sider&#250;rgica
    Nacional, LLC</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Import
    and distribution/resale of products&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">CSN Cimentos S.A.<font style="font-weight: 400"><sup>(3)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;10</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;10.00</font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Manufacturing
    and sale of cement</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Direct interest
    in joint operations: proportionate consolidation</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; color: red"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">It&#225; Energ&#233;tica S.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;253,606,846</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;48.75</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;48.75</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Electric power
    generation&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Cons&#243;rcio da Usina Hidrel&#233;trica de
    Igarapava</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;17.92</font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;17.92</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Electric power
    consortium&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Direct interest
    in joint ventures: equity method</b></font></td>
    <td style="font-size: 8pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">MRS Log&#237;stica
    S.A. <font style="font-weight: 400"><sup>(5)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">63,377,198</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;18.64</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;18.64</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Railroad transportation&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Aceros Del Orinoco
    S.A.&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;31.82</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;31.82</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Dormant company&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Transnordestina Log&#237;stica S.A. <font style="font-weight: 400"><sup>(6)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">24,670,093</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;47.26</font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;47.26</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Railroad logistics&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Equimac S.A <font style="font-weight: 400"><sup>(2)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,117</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;50.00</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Rental of commercial
    and industrial machinery and equipment&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Indirect interest
    in joint ventures: equity method</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">MRS Log&#237;stica
    S.A. <font style="font-weight: 400"><sup>(5)</sup></font></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;16.30</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;16.30</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Railroad transportation&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; color: red"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Direct interest
    in associates: equity method</b></font></td>
    <td style="font-size: 8pt; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt; color: red"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Arvedi Metalfer do
    Brasil S.A.&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">49,074,882</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;20.00</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;20.00</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Metallurgy and
    Equity interests&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Exclusive funds:
    full consolidation</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Diplic II- Fundo de investimento multimercado
    cr&#233;dito privado</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Investment fund&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td colspan="2"><font style="font: 10pt Times New Roman, Times, Serif">Caixa V&#233;rtice - Fundo de investimento
    multimercado cr&#233;dito privado</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Investment fund&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">VR1 - Fundo de investimento multimercado cr&#233;dito
    privado&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">100.00</font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Investment fund&#160;</font></td></tr>
</table>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
Dormant companies.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">1.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On June 29, 2020,
    CSN Islands XI Corp. changed its corporate name to CSN Inova Ventures.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">2.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">On June 26, 2020,
    CSN Equipamentos SA had its corporate name changed to Equimac SA and its capital increased by Unidas Guindastes Eireli. With
    this capital increase, CSN&#8217;s stake in Equimac&#8217;s share capital increased to 50% and was classified as <i>joint
    venture.</i></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">3.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Company acquired
    on October 2, 2020.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">4.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Company liquidated
    on March 11, 2020.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">5.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As of December 31,
    2020, the Company directly held 63,377,198 shares, of which 26,611,282 were common and 36,765,916 were preferred, and indirectly
    63,338,872 shares, of which 25,802,872 were common and 37,536,000 were preferred</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">6.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As of December 31,
    2020, the Company had 24,168,304 common shares and 501,789 Class B preferred shares.</font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfDirectEquityInterestsInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock', window );">Schedule of direct equity interests in subsidiaries, joint ventures, joint operations, associates and other investments</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
number of shares, the balances of assets and liabilities, shareholders&#8217; equity and the profit / (loss) amounts for the period
in those investees are as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 7pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; width: 20%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td rowspan="5" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Companies</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="4" style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Participation
    in</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="7" style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Participation
    in</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assets</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="4" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Shareholders&#8217;
    equity</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="4" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Profit
    /(Loss) for the period</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assets</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Shareholders&#8217;
    equity</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Profit
    /(Loss) for the period</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-venture
    and Joint-operation</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">MRS Log&#237;stica
    S.A.</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,175,249</font></td>
    <td style="vertical-align: middle; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,567,882</font></td>
    <td style="vertical-align: middle; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,607,367</font></td>
    <td style="vertical-align: middle; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">160,371</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,145,205</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,616,218</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,528,987</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;187,597</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Fair Value -
    MRS Log&#237;stica S.A.</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">421,888</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(11,747)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;433,635</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(11,747)</font></td></tr>
<tr>
    <td colspan="2" style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">CSBI
    - Companhia Brasileira de Servi&#231;os de Infraestrutura</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,665</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Transnordestina
    Log&#237;stica S.A. (*)</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,657,691</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,497,587</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,160,104</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(28,952)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,398,434</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,209,378</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,189,056</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(17,100)</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Fair Value (*)
    - Transnordestina</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;271,116</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;271,116</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Equimac S.A</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,536</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;301</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,235</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(329)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;8,840,476</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;6,065,770</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,467,710</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>119,343</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;8,543,639</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,825,596</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,422,794</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>165,415</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Associates</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Arvedi Metalfer do Brasil S.A.</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">40,528</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">32,490</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,038</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(6,765)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">44,435</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">31,712</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12,723</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,682)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>40,528</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>32,490</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;8,038</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(6,765)</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>44,435</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;31,712</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12,723</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(1,682)</b></font></td></tr>
<tr style="vertical-align: middle">
    <td colspan="9" style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Classified
    at fair value through profit or loss (note 12 I)</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Panatl&#226;ntica</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">59,879</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;47,300</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>59,879</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>47,300</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Eliminations</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(30,856)</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(38,219)</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other investments</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>


    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">279</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(9,967)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">157</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;171</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;279</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(9,967)</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>157</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;171</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td colspan="2" style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    investments in affillated companies</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,535,906</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,484,974</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td colspan="5" style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Equity in results of affillated companies</b></font></td>
    <td style="font-weight: bold">&#160;</td>
    <td style="font-weight: bold">&#160;</td>
    <td style="font-weight: bold">&#160;</td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;71,755</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>125,715</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Investments properties</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;159,874</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>101,195</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total investments</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,695,780</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,584,169</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
</table>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
As of December 31, 2020 and December 31, 2019, the net balance of R$271,116 refers to the Fair Value generated by the loss of
control of Transnordestina Log&#237;stica SA in the amount of R$659,105 and impairment of R$387,989</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfChangesOfInvestmentsBalancesInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock', window );">Schedule of changes of investments balances in subsidiaries, joint ventures, joint operations, associates and other investments</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: top"><td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>10.b)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Changes in investments
    in subsidiaries, jointly controlled companies, joint operations, associates and other investments</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 47%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Opening
    balance of investments</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,482,974</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,630,613</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Capital increase/acquisition
    of shares&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,400</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;27,909</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Dividends <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(82,642)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(94,603)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Comprehensive income
    <font style="font-weight: 400"><sup>(2)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;6,895</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,592)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Equity in results of affiliated companies(3)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">124,324</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">175,524</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Update of shares measured
    at fair value through profit or loss (Note 14 II)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;12,579</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(118,780)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Reclassification of
    Usiminas&#8217; shares</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(2,114,620)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Consolidation of CBSI</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(8,775)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Amortization of fair
    value - investment MRS</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(11,747)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(11,747)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;123</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">45</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Closing balance
    of investments</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,535,906</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,482,974</b></font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">1.</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">In 2020, it mainly refers to dividends of the
    subsidiary CSN Minera&#231;&#227;o SA in the amount of R$2,437,482 (R$4,060,816 on December 31, 2019).</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">2.</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">Refers to translation to the reporting currency
    of the foreign investments of which functional currency is not the Brazilian Reais, actuarial gain/loss and gain/loss on investment
    hedge from investments accounted for under the equity method.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">3.</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">The table below shows the reconciliation of
    the equity in results of affiliated companies classified as joint venture and associates and the amount disclosed in the income
    statement and it is due to the elimination of the results of the CSN&#180;s transactions with these companies.</font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfEquityInResultsTableTextBlock', window );">Schedule of equity in results</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: middle"><td style="width: 47%"><font style="font: 10pt Times New Roman, Times, Serif"><b></b></font></td>
    <td style="width: 26%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equity
    in results of affiliated companies</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">MRS
    Log&#237;stica S.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">160,370</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">187,597</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">CBSI
    - Companhia Brasileira de Servi&#231;os de Infraestrutura <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;6,695</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Transnordestina
    Log&#237;stica S.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(28,952)</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(17,100)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Arvedi
    Metalfer do Brasil S.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(6,765)</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,682)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Equimac
    S.A.</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(329)</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">14</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>124,324</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>175,524</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Eliminations</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">To
    cost of sales&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(46,751)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(57,908)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">To
    taxes</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">15,895</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">19,689</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Others</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Amortizated
    at fair value - Investment in MRS</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(11,747)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(11,747)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(9,966)</font></td>
    <td style="color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">157</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equity in results&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>71,755</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>125,715</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif">(1)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Refers to equity
    income until November 30, 2019, as of this date, the joint venture started to be controlled and consolidated, according to
    note 10 c.</font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfJointVenturesAndJointOperationsFinancialInformationTableTextBlock', window );">Schedule of joint ventures and joint operations financial information</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
balance sheet and income statement balances of the companies whose control is shared are shown below and refer to 100% of the
companies&#8217; results:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 30%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="border-top: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="5" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; font-style: italic; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-Venture</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; font-style: italic; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Joint-Operation&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; font-style: italic; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-Venture</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-Operation</b></font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equity
    interest (%)</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>MRS
    Log&#237;stica</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Transnordestina
    Log&#237;stica</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equimac
    S.A.</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>It&#225;
    Energ&#233;tica</b></font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>MRS
    Log&#237;stica</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Transnordestina
    Log&#237;stica</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>It&#225;
    Energ&#233;tica</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>34.94%</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>47.26%</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>50.00%</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>48.75%</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>34.94%</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>47.26%</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>48.75%</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    sheet</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Current Assets&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Cash
    and cash equivalents</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,206,484</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,390</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,351</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">48,919</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;670,296</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;17,166</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">65,793</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Advances
    to suppliers</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;27,312</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,948</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">742</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20,100</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,240</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;363</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    current assets</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">823,204</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;51,793</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,356</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">89,521</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,326,281</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;59,405</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">15,955</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total current assets</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,057,000</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;55,131</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,707</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;139,182</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,016,677</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;79,811</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>82,111</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Noncurrent
    Assets&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    non-current assets</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">608,878</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">225,492</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20,807</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;789,562</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">258,391</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">24,361</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Investments,
    PP&#38;E and intangible assets</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,537,009</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">9,574,588</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">11,365</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;390,672</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;8,316,033</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,968,447</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">426,403</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total non-current
    assets</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,145,887</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,800,080</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,365</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;411,479</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;9,105,595</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,226,838</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>450,764</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Assets</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,202,887</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,855,211</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>15,072</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;550,661</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,122,272</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,306,649</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>532,875</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Current Liabilities&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
    and financing&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">828,439</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">241,029</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;653,784</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">103,877</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Lease
    liabilities</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">317,526</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;256,034</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    current liabilities</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,117,975</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">125,794</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;602</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">19,721</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,561,684</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">171,821</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">16,793</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total current liabilities</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,263,940</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>366,823</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;602</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>19,721</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,471,502</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>275,698</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>16,793</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Noncurrent
    Liabilities&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
    and financing&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,162,657</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,368,070</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,369,615</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,084,424</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Lease
    liabilities</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,674,594</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,650,758</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    non-current liabilities</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">788,862</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">665,653</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">15,900</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;527,871</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">430,603</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">16,550</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total non-current
    liabilities</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,626,113</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,033,723</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>15,900</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;4,548,244</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>6,515,027</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>16,550</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Shareholders&#8217;
    equity</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,312,834</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,454,665</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>14,470</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;515,040</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;4,102,526</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,515,924</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>499,532</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    liabilities and shareholders&#8217;<br />equity</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,202,887</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,855,211</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>15,072</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;550,661</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,122,272</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,306,649</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>532,875</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 28%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>01/01/2020
    to 12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>01/01/2019
    to 11/30/2019</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>01/01/2019
    to 12/31/2019</b></font></td></tr>
<tr>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="5" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-Venture</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-Operation</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-Venture</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; font-style: italic; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-Operation</b></font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equity
    interest (%)</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>MRS
    Log&#237;stica</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Transnordestina
    Log&#237;stica</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equimac
    S.A.</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>It&#225;
    Energ&#233;tica</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>CBSI</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>MRS
    Log&#237;stica</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Transnordestina
    Log&#237;stica</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>It&#225;
    Energ&#233;tica</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>34.94%</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>47.26%</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>50.00%</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>48.75%</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>50.00%</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>34.94%</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>46.30%</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>48.75%</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Statements
    of Income</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Net
    revenue</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,604,965</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;35</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;2,308</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;173,426</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">267,436</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,200,809</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;163,048</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Cost
    of sales and services</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(2,521,991)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(2,386)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(74,048)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(233,830)</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(2,382,828)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(83,129)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Gross profit</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,082,974</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;35</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(78)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">99,378</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;33,606</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">817,981</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">79,919</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Operating
    (expenses) income&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(105,267)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(42,108)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(576)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(67,885)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(12,328)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">207,840</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(18,077)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(62,660)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Financial
    income (expenses), net</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(330,756)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(19,186)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(4)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(764)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,460)</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(268,089)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(18,386)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,183</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Income before income tax and social<br />contribution</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;646,951</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(61,259)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(658)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">30,729</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;19,818</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">757,732</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(36,463)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">18,442</font></td></tr>
<tr style="vertical-align: bottom">
    <td colspan="2" style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Current
    and deferred income tax<br />and social contribution</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(216,649)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(10,391)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(6,428)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(254,378)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(6,147)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Profit / (loss)
    for the period</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;430,302</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(61,259)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(658)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>20,338</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;13,390</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>503,354</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(36,463)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12,295</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfMeasurementOfRecoverableValueTableTextBlock', window );">Schedule of measurement of recoverable value</a></td>
<td class="text"><p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 2.85pt 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif"><b>Measurement
of recoverable value</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 2.85pt 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="border: black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 50%; text-align: center; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal; border-image: none"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cash
    Flow Projection</b></font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 50%; text-align: center; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>By
    2057</b></font></td></tr>
<tr style="vertical-align: top">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Gross
    margin</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Estimated
    based on market study to capture cargo and operating costs according to market trend studies</font></td></tr>
<tr style="vertical-align: top">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Cost
    estimate</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Study-based
    costs and market trends</font></td></tr>
<tr style="vertical-align: top">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Perpetuity
    growth rate</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Growth
    rate was not considered as a result of the projection model until the end of the concession.</font></td></tr>
<tr style="vertical-align: top">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Discount
    rate</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-right: 2.85pt; text-indent: 0cm; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Range
    from 5.83% to 7.41% in real terms</font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfInvestmentPropertiesTableTextBlock', window );">Schedule of investment properties</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
balance of investment properties as of December 31, 2020 is shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom; background-color: white">
    <td style="width: 43%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="background-color: white">
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Land</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Buildings&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2019</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;68,877</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;32,318</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;101,195</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Cost</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top-color: black; vertical-align: bottom; text-align: right; padding-left: 12px; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;68,877</font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top-color: black; vertical-align: bottom; text-align: right; padding-left: 12px; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;53,816</font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top-color: black; vertical-align: bottom; text-align: right; padding-left: 12px; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;122,693</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Accumulated depreciation</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(21,498)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(21,498)</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2019</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;68,877</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;32,318</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;101,195</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Acquisitions</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;28,733</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;32,864</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">61,597</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Depreciation&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(2,786)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(2,786)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Write-off</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(132)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(132)</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2020</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;97,610</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;62,264</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;159,874</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Cost</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;97,610</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;86,548</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;184,158</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Accumulated
    depreciation</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(24,284)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(24,284)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2020</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;97,610</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;62,264</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;159,874</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfAverageEstimatedUsefulLivesTableTextBlock', window );">Schedule of average estimated useful lives</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
average estimated useful lives for the years are as follows (in years):</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 47%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Buildings</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">27</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">21</font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfAverageEstimatedUsefulLivesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of average estimated useful lives.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfAverageEstimatedUsefulLivesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfMeasurementOfRecoverableValueTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of measurement of recoverable value .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfMeasurementOfRecoverableValueTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfChangesOfInvestmentsBalancesInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of changes of investments balances in subsidiaries joint ventures joint operations associates and other investments .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfChangesOfInvestmentsBalancesInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfDirectAndIndirectSubsidiariesJointVenturesAndJointOperationsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of direct and indirect subsidiaries, joint ventures and joint operations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfDirectAndIndirectSubsidiariesJointVenturesAndJointOperationsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfDirectEquityInterestsInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of direct equity interests in subsidiaries joint ventures joint operations associates and other investments .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfDirectEquityInterestsInSubsidiariesJointVenturesJointOperationsAssociatesAndOtherInvestmentsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfEquityInResultsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of equity in results .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfEquityInResultsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfInvestmentPropertiesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the summary of investment properties table text block.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfInvestmentPropertiesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfJointVenturesAndJointOperationsFinancialInformationTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of joint ventures and joint operations financial information .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfJointVenturesAndJointOperationsFinancialInformationTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>68
<FILENAME>R49.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026193569496">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>11. PROPERTY, PLANT AND EQUIPMENT (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipmentAbstract', window );"><strong>Property, plant and equipment [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfPropertyPlantAndEquipmentTableTextBlock', window );">Schedule of property, plant and equipment</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: bottom; background-color: white"><td style="width: 21%"><font style="font: 10pt Times New Roman, Times, Serif"><b></b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="background-color: white">
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Land</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Buildings
    and Infrastructure</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Machinery,
    equipment and facilities</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Furniture
    and fixtures</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Construction
    in progress</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Right
    of use (i)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
    (*)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;226,949</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,062,238</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;12,603,619</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;28,455</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,217,052</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>472,345</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;90,286</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>19,700,944</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Cost</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;226,949</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,250,471</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;24,372,514</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">170,229</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">3,217,052</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">531,044</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">386,144</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">33,154,403</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Accumulated
    depreciation</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(1,188,233)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(11,768,895)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(141,774)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(58,699)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(295,858)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(13,453,459)</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;226,949</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,062,238</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;12,603,619</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;28,455</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,217,052</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>472,345</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;90,286</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>19,700,944</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    of foreign exchange differences</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;30,271</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">57,838</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;186,591</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,416</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,727</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,329</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,823</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">287,995</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Acquisitions</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">654</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;865</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;122,744</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;874</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">1,583,054</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;49,934</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,156</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,762,281</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Capitalized
    interest (1) (notes 28 and 33)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;92,506</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;92,506</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Write-offs
    (note 27)</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(188)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(3,073)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(33)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(9)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(7,318)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,377)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(12,998)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Depreciation
    (note 26)</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(458)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(780,395)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,564,525)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(6,747)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(62,680)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(24,517)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,439,322)</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Transfers
    to other asset categories</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">458</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">67,574</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,112,024</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,338</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,212,373)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;30,979</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Transfers
    to intangible assets</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(4,633)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(4,633)</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Right
    of use - Remesurement</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;60,058</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;60,058</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Update
    of the ARO (Asset retirement obligation)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;269,445</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">269,445</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">3</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(6)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(2)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(48)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(53)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;257,686</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,677,565</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;12,457,383</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;26,297</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,680,322</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>516,668</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>100,302</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>19,716,223</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Cost</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;257,686</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,752,412</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;26,213,225</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">182,974</font></td>
    <td style="vertical-align: bottom; color: red; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">3,680,322</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">634,786</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">414,705</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">36,136,110</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Accumulated
    depreciation</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(2,074,847)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(13,755,842)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(156,677)</font></td>
    <td style="vertical-align: bottom; color: red; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(118,118)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(314,403)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(16,419,887)</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;257,686</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,677,565</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;12,457,383</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;26,297</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,680,322</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>516,668</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>100,302</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>19,716,223</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 12pt">
  <tr style="vertical-align: bottom; background-color: white">
    <td style="width: 34%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 5%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 6%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>Consolidated</b></font></td></tr>
  <tr style="background-color: white">
    <td style="vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Land</b></font></td>
    <td style="border-top: black 1pt solid; font-family: Times New Roman,serif; text-align: center"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Buildings and Infrastructure</b></font></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Machinery, equipment and facilities</b></font></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Furniture and fixtures</b></font></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Construction in progress</b></font></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Right of use (i)</b></font></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Other (*)</b></font></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Total</b></font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b>Balance at December 31, 2018</b></font></td>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;287,854</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>2,678,638</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;11,687,271</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>30,530</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>3,282,436</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b>&#160;&#160;-</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>80,135</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-bottom: black 1pt solid; vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>18,046,864</b></font></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Cost</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;287,854</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">3,751,429</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;22,426,782</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;165,331</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">3,282,436</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;355,768</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">30,269,600</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Accumulated depreciation</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(1,072,791)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(10,739,511)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(134,801)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(275,633)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(12,222,736)</font></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b>Balance at December 31, 2018</b></font></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;287,854</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>2,678,638</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;11,687,271</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>30,530</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>3,282,436</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b>&#160;&#160;-</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>80,135</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>18,046,864</b></font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Effect of foreign exchange differences</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;1,499</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;2,978</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">8,033</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;106</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">2,464</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;56</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">15,136</font></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Acquisitions</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;6,125</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;16,116</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;459,460</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;1,763</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">1,924,520</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;43,111</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">41,574</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;2,492,669</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Capitalized interest (1) (notes 28 and 33)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;13.0</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;117,176</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;117,189</font></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Write-offs (note 27)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(2,143)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(130)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(80,426)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(1)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(30,400)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(1,354)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(149)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(114,603)</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Depreciation (note 26)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(135,313)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(1,241,026)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(5,999)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(58,843)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(25,038)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(1,466,219)</font></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Transfers to other asset categories</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;790</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">294,872</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">1,766,047</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;2,629</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(2,053,290)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(11,048)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Transfers to intangible assets</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(31)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(11,865)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(11,896)</font></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Right of use - initial recognition</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;640,989</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;640,989</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Right of use - Remesurement</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(151,558)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(151,558)</font></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Update of the ARO (Asset retirement obligation)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">225,125</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;225,125</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Transfers to investment property</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(67,176)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(20,030)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(13,989)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(101,195)</font></td></tr>
  <tr>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Consolidation CBSI</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">4,940</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(573)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;4,756</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;9,123</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Others</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(680)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">&#160;-</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(680)</font></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b>Balance at December 31, 2019</b></font></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;226,949</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>3,062,238</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;12,603,619</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>28,455</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>3,217,052</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;&#160;472,345</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>90,286</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 1pt solid; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>19,700,944</b></font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Cost</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;226,949</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">4,250,471</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;24,372,514</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;170,229</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">3,217,052</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;531,044</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;386,144</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">33,154,403</font></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Accumulated depreciation</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(1,188,233)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(11,768,895)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(141,774)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt">&#160;</td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(58,699.0)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(295,858)</font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(13,453,459)</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b>Balance at December 31, 2019</b></font></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;226,949</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>3,062,238</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;12,603,619</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>28,455</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>3,217,052</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;&#160;472,345</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>90,286</b></font></td>
    <td style="vertical-align: bottom; padding-left: 9pt; font-family: Times New Roman,serif"></td>
    <td style="border-top: black 1pt solid; vertical-align: bottom; border-bottom: black 2.25pt double; padding-left: 9pt; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>19,700,944</b></font></td></tr>
  </table>
<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
Refer substantially to: <b>i)</b> in the consolidated picture: assets for railway use, such as yards, rails, mines and dormant;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 7.1pt"><font style="font: 10pt Times New Roman, Times, Serif">(1)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">The cost of capitalized interest is calculated,
    basically, for Mining projects that substantially refer to the expansion of Casa de Pedra (MG) and TECAR (RJ) - see notes
    28 and 33. The average rate used for the capitalization of interest on non-specific projects in the period ended December
    31 2020 was 5.62% per year (6.58% per year as of December 31, 2019).</font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfRightsOfUseTableTextBlock', window );">Schedule of rights of use</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Below
the movements of the right of use recognized on December 31, 2020 and 2019:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 41%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Land</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Buildings
    and Infrastructure</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Machinery,
    equipment and facilities</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Others</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance at December
    31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;380,566</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>64,154</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>24,144</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,481</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;472,345</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Cost</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;401,746</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">73,344</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">39,455</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;16,499</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;531,044</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Accumulated
    depreciation</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(21,180)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(9,190)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(15,311)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(13,018)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(58,699)</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;380,566</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>64,154</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>24,144</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,481</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;472,345</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    of foreign exchange differences</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;988</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;294</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,047</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,329</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Addition</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">9,039</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,561</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">23,720</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;12,614</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">49,934</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Remesurement</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;34,645</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,827</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">21,557</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">29</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">60,058</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Depreciation&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(24,467)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(983)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(14,211)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(23,019)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(62,680)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Write-offs</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(6,580)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(399)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(339)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(7,318)</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Transfers to other asset categories</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(188)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(6,062)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(3,558)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9,808</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance at December
    31, 2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;393,015</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>66,086</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>51,946</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,621</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;516,668</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Cost</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;434,689</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;75,882</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;81,598</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;42,617</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">634,786</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Accumulated
    depreciation</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(41,674)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(9,796)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(29,652)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(36,996)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(118,118)</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;393,015</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>66,086</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>51,946</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,621</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;516,668</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 41%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Land</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Buildings
    and Infrastructure</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Machinery,
    equipment and facilities</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Initial recognition
    &#8211; Rights of use</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;556,133</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>54,513</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;9,783</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;20,560</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>640,989</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Addition</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;6,719</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">34,197</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,195</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;43,111</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Remeasurement</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(152,915)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12,112</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(4,525)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(6,230)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(151,558)</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Depreciation</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(21,314)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(9,190)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(15,311)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(13,028)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(58,843)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Write-off</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,338)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(16)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,354)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance at December
    31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;380,566</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>64,154</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>24,144</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,481</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>472,345</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Cost</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;401,746</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;73,344</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;39,455</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">16,499</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;531,044</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Accumulated depreciation</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(21,180)</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(9,190)</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(15,311)</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(13,018)</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(58,699)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance at December
    31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;380,566</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>64,154</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>24,144</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,481</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>472,345</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfEstimatedUsefulLivesTableTextBlock', window );">Schedule of estimated useful lives</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
average estimated useful lives for the years are as follows (in years):</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 47%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Buildings and Infrastructure<font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">34</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">38</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Machinery, equipment and facilities</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">21</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Furniture and fixtures</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">10</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">14</font></td></tr>
</table>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">(1)
The decrease was caused by the review of the useful lives of dams infrastructure as a result of technical and functional obsolescence
recorded in 2020 as a result of the use of filter and stack dry tailings in our iron ore production.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipmentAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipmentAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfRightsOfUseTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the schedule of rights of use .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfRightsOfUseTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfEstimatedUsefulLivesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of estimated useful lives .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfEstimatedUsefulLivesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfPropertyPlantAndEquipmentTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of property plant and equipment .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfPropertyPlantAndEquipmentTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>69
<FILENAME>R50.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189558872">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>12. INTANGIBLE ASSETS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsAbstract', window );"><strong>Disclosure of detailed information about intangible assets [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfIntangibleAssetsTableTextBlock', window );">Schedule of intangible assets</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: bottom"><td style="width: 31%"><font style="font: 10pt Times New Roman, Times, Serif"><b></b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Goodwill</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Customer
    relationships</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Software</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trademarks<br />and<br />patents</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Rights
    and licenses (*)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Others</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,606,156</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>246,139</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;53,859</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;153,103</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,170,960</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,564</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,231,781</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Cost&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,846,563</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;585,407</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">171,152</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">153,103</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,189,789</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,564</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;7,947,578</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Accumulated
    amortization&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(131,077)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(339,268)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(117,293)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(18,829)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(606,467)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Adjustment
    for accumulated recoverable value&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(109,330)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(109,330)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,606,156</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>246,139</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;53,859</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;153,103</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,170,960</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,564</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,231,781</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    of foreign exchange differences</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">94,998</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">584</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;62,429</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;638</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;158,649</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Acquisitions
    and expenditures</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">1,837</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,837</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Transfer
    of property, plant and equipment</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">633</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,000</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,633</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Amortization
    (note 26)</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(63,096)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(11,248)</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(5,611)</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(79,955)</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(151)</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(151)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,606,156</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>278,041</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;45,665</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;215,532</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,169,349</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;2,051</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,316,794</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Cost&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,846,563</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">823,540</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;182,059</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;215,532</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,193,787</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;2,051</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;8,263,532</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Accumulated
    amortization&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(131,077)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(545,499)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(136,394)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(24,438)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(837,408)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Adjustment
    for accumulated recoverable value&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(109,330)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(109,330)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,606,156</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>278,041</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;45,665</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;215,532</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,169,349</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;2,051</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,316,794</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 31%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Goodwill</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Customer
    relationships</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Software</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trademarks<br />and<br />patents</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Rights
    and licenses (*)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Others</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2018</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,590,931</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>288,773</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;54,972</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;150,009</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,166,999</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,491</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,253,175</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Cost&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,831,338</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;573,614</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;161,067</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">150,009</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,185,701</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,491</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;7,903,220</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Accumulated
    amortization&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(131,077)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(284,841)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(106,095)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(18,702)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(540,715)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Adjustment
    for accumulated recoverable value&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(109,330)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(109,330)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2018</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,590,931</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>288,773</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;54,972</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;150,009</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,166,999</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,491</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,253,175</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    of foreign exchange differences</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,711</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">3,092</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;33</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;7,839</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Acquisitions
    and expenditures</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">$0.00</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,387</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;40</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,427</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Transfer
    of property, plant and equipment</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">$0.00</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;7,808</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">4,088</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">11,896</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Amortization
    (note 26)</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(47,345)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(10,657)</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(127)</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(58,129)</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Goodwill
    - acquisition 50% CBSI (note 8.d)</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;15,225</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">15,225</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Consolidated
    CBSI on November 30, 2019</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;346</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;348</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,606,156</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>246,139</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;53,859</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;153,103</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,170,960</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,564</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,231,781</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Cost&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,846,563</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">585,407</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">171,152</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;153,103</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,189,789</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,564</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;7,947,578</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Accumulated
    amortization&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(131,077)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(339,268)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(117,293)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(18,829)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(606,467)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Adjustment
    for accumulated recoverable value&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(109,330)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(109,330)</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    at December 31, 2019</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,606,156</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>246,139</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;53,859</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;153,103</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,170,960</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,564</b></font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,231,781</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0">&#160;</p>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
Composed mainly of mining rights. Amortization is based on production volume.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock', window );">Schedule of estimated useful lives</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
average useful life by nature is as follows (in years):</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 47%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 26%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Software</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">9</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">9</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Customer relationships</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13</font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfCashGeneratingUnitsTableTextBlock', window );">Schedule of cash generating units</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The CGUs with intangible assets in this situation are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom; background-color: white">
    <td style="width: 23%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="background-color: white">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Goodwill</b></font></td>
    <td colspan="4" style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Trademarks</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="vertical-align: middle">
    <td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cash
    generating of units</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Segment</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Packaging <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Steel&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;158,748</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;158,748</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;158,748</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;158,748</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Long steel <font style="font-weight: 400"><sup>(2)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Steel&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;235,595</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;235,595</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;215,532</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">153,103</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;451,127</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;388,698</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Mining <font style="font-weight: 400"><sup>(3)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Mining&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,196,588</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,196,588</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,196,588</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,196,588</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other Steel <font style="font-weight: 400"><sup>(4)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Steel&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;15,225</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;15,225</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;15,225</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;15,225</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,606,156</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,606,156</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;215,532</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>153,103</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,821,688</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,759,259</b></font></td></tr>
</table>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(1)
<font style="line-height: 115%">The goodwill of the Packaging cash-generating unit is shown net of impairment loss in the amount
of R$109,330, recognized in 2011</font>.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(2)
The goodwill and trademark that are recorded in line item intangible assets at long steel segment, those transactions are derived
from the business combination of Stahlwerk Thuringen GmbH ("SWT") and Gallardo Sections CSN. The assets mentioned are considered
to have indefinite useful lives as they are expected to contribute indefinitely to the Company's cash flows.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(3)
Refers to the goodwill based on expectations for future profitability, resulting from the acquisition of Namisa by CSN Minera&#231;&#227;o
concluded in December 2015, which recoverability is tested annually.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(4)
On November 29, 2019, CSN acquired the stake held by CKTR Brasil Servi&#231;os Ltda., corresponding to 50% of CBSI's shares, and
now holds 100% of CBSI's share capital.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfAssumptionsForIntangibleAssetImpairmentTestTableTextBlock', window );">Schedule of assumptions for impairment test</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">The
main assumptions used in the calculation of the value in use on December 31, 2020, are as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="background-color: white">
    <td style="border: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 13%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal; border-image: none"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 15%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Packaging</b></font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 16%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Mining</b></font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 16%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
    Steelmaking</b></font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 16%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Flat
    Steel</b></font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 24%; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Logistics</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Measurement
    of recoverable value</b></font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">DCF</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">DCF</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">DCF</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">DCF</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">DCF</font></td></tr>
<tr style="background-color: white">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cash
    Flow Projection</b></font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Until
    2030 + perpetuity</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Until
    2064</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Until
    2030 + perpetuity</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Until
    2030 + perpetuity</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">by
    2027</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; white-space: nowrap; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Gross
    margin</b></font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Update
    of gross margin based on historical data, incorporation of the impacts of business restructuring and market trends.</font></td>
    <td style="font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">It
    reflects projection of costs due to the progress of the mining plan as well as startup and project ramp up. Prices and exchange
    rates projected according to sectoral reports.</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Update
    of gross margin based on historical data and market trends.</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Update
    gross margin based on historical data and market trends.</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Estimated
    based on market study to capture cargo and operating costs according to market trend studies</font></td></tr>
<tr style="background-color: white">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Update
    costs</b></font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Update
    of costs based on historical data for each product and incorporation of the impacts of business restructuring.</font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Update
    of costs based on historical data, progress of the mining plan as well as startup and project ramp up</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Update
    of costs based on historical data and market trends.</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Update
    of costs based on historical data and market trends.</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Study-based
    costs and market trends</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Perpetuity
    growth rate</b></font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">No
    growth.</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Without
    perpetuity.</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">No
    growth.</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Growth
    of 1.4% per year in real terms, updated by long-term inflation of 1.7% per year in the Eurozone.</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Without
    perpetuity.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="background-color: white">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; width: 13%; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Discount
    Rate</b></font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 8pt Arial, Helvetica, Sans-Serif; width: 87%; vertical-align: bottom; text-align: center; padding-left: 3.5pt; padding-right: 3.5pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">For
    packaging, cash flow was discounted using a discount rate of around 8% per year in real terms. For mining, flat steel and
    other steel (CBSI), cash flows were discounted using a discount rate between 7% to 9.5% pa in nominal terms. For logistics,
    cash flow was discounted using a discount rate between 5.87% to 6.40% pa in real terms. The discount rate was based on the
    weighted average cost of capital (&#8220;WACC&#8221;) which reflects the specific risk of each segment.</font></td></tr>
</table>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
refer to the assets of the subsidiary Lusosider, located in Portugal. The discount rate was applied to the discounted cash flow
prepared in Euros, the functional currency of this subsidiary.</font>&#160;</p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(**)
refer to the assets of the subsidiary FTL - Ferrovia Transnordestina Log&#237;stica SA</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfIntangibleAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfIntangibleAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfAssumptionsForIntangibleAssetImpairmentTestTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of assumptions for intangible asset impairment test .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfAssumptionsForIntangibleAssetImpairmentTestTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfCashGeneratingUnitsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of cash generating units .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfCashGeneratingUnitsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of estimated useful lives of intangible assets .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfEstimatedUsefulLivesOfIntangibleAssetsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfIntangibleAssetsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of intangible assets .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfIntangibleAssetsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>70
<FILENAME>R51.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026193487240">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>13. BORROWINGS AND FINANCING (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingAbstract', window );"><strong>Borrowings And Financing</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfBorrowingsFinancingAndDebenturesTableTextBlock', window );">Schedule of financial assets borrowings, financing and debentures</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
balances of loans, financing and debentures that are recorded at amortized cost are as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8.5pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 31%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Current
    Liabilities&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Noncurrent
    Liabilities&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-family: Albertus Medium; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Foreign Debt</b></font></td>
    <td style="font-size: 8pt; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Floating Rates:</b></font></td>
    <td style="font-size: 8pt; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Prepayment</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><sup>&#160;&#160;(1)</sup></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,119,558</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,769,975</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,457,105</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,563,928</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fixed
    Rates:</b></font></td>
    <td style="font-size: 8pt; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Bonds,
    Perpetual bonds and Advance on Foreign Exchange Contract</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><sup>&#160;&#160;(2)</sup></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;426,676</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,047,032</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;19,898,213</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;10,177,517</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Intercompany</font></td>
    <td style="font-size: 8pt; vertical-align: top; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fixed
    interest in EUR</b></font></td>
    <td style="font-size: 8pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Intercompany</font></td>
    <td style="font-size: 8pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Facility</font></td>
    <td style="font-size: 8pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;326,970</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;223,204</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;143,503</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;147,241</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,873,204</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;4,040,211</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;23,498,821</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;12,888,686</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Debt agreements
    in Brazil</b></font></td>
    <td style="font-size: 8pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Floating Rate Securities
    in R$:</b></font></td>
    <td style="font-size: 8pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">BNDES/FINAME,
    Debentures, NCE and CCB</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><sup>&#160;&#160;(3)</sup></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,282,279</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,086,985</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;7,716,307</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;10,049,783</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fixed
    Rate Securities in R$:</b></font></td>
    <td style="font-size: 8pt; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Intercompany</font></td>
    <td style="font-size: 8pt; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">25,038</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 8pt; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,282,279</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,112,023</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,716,307</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;10,049,783</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Borrowings and Financing</b></font></td>
    <td style="font-size: 8pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;4,155,483</b></font></td>
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,152,234</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;31,215,128</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;22,938,469</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Transaction Costs and
    Issue Premiums</font></td>
    <td style="font-size: 8pt; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(29,030)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(26,391)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(70,928)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(97,276)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Borrowings and Financing + Transaction cost</b></font></td>
    <td style="font-size: 8pt; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,126,453</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,125,843</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>31,144,200</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>22,841,193</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(1)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In 2020, the Company
    renegotiated part of the Prepayment debt in the total amount of U$311 million, postponing part of the maturities of 2020 and
    2021 to 2022.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(2)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In 2020, the Company
    issued debt securities representing the foreign market (&#8220;Notes&#8221;), through its subsidiary CSN Inova Ventures, with
    maturity in 2028 and interest rate of 6.75% per year, totaling US$1, 3 billion, of which US$1 billion in January and US$300
    million in November. Additionally, we used US$263 million in the repurchase offer (&#8220;Tender Offer&#8221;) of the Notes
    issued by CSN Resources SA in January 2020. All Notes mentioned above are unconditionally and irrevocably guaranteed by the
    Company.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">(3)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In June 2020, the
    Company renegotiated a debt rollover in the amount of R$300 million, shifting the maturities of 2020 to the years 2021, 2022
    and 2023.</font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfAverageInterestRateOnBorrowingsTableTextBlock', window );">Schedule of financial assets average interest rate</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
following table shows the average interest rate:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; width: 42%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 28%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; width: 28%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Average
    interest rate (i)</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    debt</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">US$</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6.63%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;24,901,552</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">EUR</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1.50%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;470,473</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">R$</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2.82%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;9,998,586</font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;35,370,611</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 13.95pt"><font style="font: 10pt Times New Roman, Times, Serif">(i)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">To determine the
    average interest rate on debt contracts with floating rates, the Company used the rates applied on December 31, 2020. In The
    Company, it considers the interest rate of the contracts <i>intercompany</i>.</font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfMaturitiesOfBorrowingsFinancingAndDebenturesTableTextBlock', window );">Schedule of financial assets maturities of borrowings, financing and debentures</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: top"><td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>13.a)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Maturities of
    loans, financing and debentures presented in current and non-current liabilities</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 21%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 31%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 25%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; width: 20%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Principal</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Borrowings
    and financing in foreign currency</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Borrowings
    and financing in national currency</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 8.5pt; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2021</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,873,204</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,282,279</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,155,483</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2022</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,683,224</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,859,423</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,542,647</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2023</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,567,133</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,036,338</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,603,471</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2024</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">178,033</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,238,275</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,416,308</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2025</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;68,595</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;68,595</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2026</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,118,021</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;68,587</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,186,608</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">After 2026</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,755,710</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">445,089</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,200,799</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Perpetual bonds</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,196,700</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,196,700</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;25,372,025</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,998,586</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;35,370,611</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfNewFundingTransactionsAndAmortizationTableTextBlock', window );">Schedule of financial assets new funding transactions and amortization</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
following table shows amortization and funding during the year:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 44%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 27%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 27%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Opening balance</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>27,967,036</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>28,827,074</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">New debts</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;8,116,247</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">10,149,381</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Repayment</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(6,448,658)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(11,775,093)</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Payments of charges</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,922,130)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(2,039,112)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Accrued charges (Note 28)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;2,002,052</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,996,305</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Consolidation of CBSI</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;19,722</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Others&#160;&#160;<font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;5,556,106</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;788,759</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Closing balance</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>35,270,653</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>27,967,036</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">1.</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">Including unrealized exchange and monetary variations
    and funding cost.</font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfGroupCapturesAndAmortizedLoansTableTextBlock', window );">Schedule of financial assets group captures and amortized loans</a></td>
<td class="text"><p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif"><b>Funding and Amortization</b></font></p>

<p style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 37%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 20%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 20%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 20%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Nature</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>New
    debts</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Repayment</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Interest
    payment</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="border-top-color: black; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Prepayment&#160;</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;177,420</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,028,606)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(245,125)</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Bonds, Perpetual bonds, ACC, CCE and Facility&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;7,917,929</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(4,458,888)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,237,396)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;BNDES/FINAME, Debentures, NCE and CCB&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;20,898</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(961,164)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(439,609)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;8,116,247</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(6,448,658)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(1,922,130)</b></font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BorrowingsAndFinancingAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BorrowingsAndFinancingAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfAverageInterestRateOnBorrowingsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of average interest rate on borrowings .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfAverageInterestRateOnBorrowingsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfBorrowingsFinancingAndDebenturesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of borrowings financing and debentures .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfBorrowingsFinancingAndDebenturesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfGroupCapturesAndAmortizedLoansTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of group captures and amortized loans .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfGroupCapturesAndAmortizedLoansTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfMaturitiesOfBorrowingsFinancingAndDebenturesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of maturities of borrowings financing and debentures .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfMaturitiesOfBorrowingsFinancingAndDebenturesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfNewFundingTransactionsAndAmortizationTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of new funding transactions and amortization .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfNewFundingTransactionsAndAmortizationTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>71
<FILENAME>R52.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026181071448">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsAbstract', window );"><strong>Disclosure of detailed information about financial instruments [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfFinancialInstrumentsTableTextBlock', window );">Schedule of financial instruments</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: top"><td style="width: 21.3pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Classification
    of financial instruments</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 28%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 5%; vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td rowspan="3" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Notes</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair
    value through profit or loss</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Measured
    at amortized cost</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balances</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair
    value through profit or loss</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Measured
    at amortized cost</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balances</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assets</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Cash
    and cash equivalents</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">9,944,586</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">9,944,586</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,088,955</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,088,955</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Short-term
    investments</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;5</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,305,109</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">478,253</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,783,362</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,114,620</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">518,553</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,633,173</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    receivables</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;6</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,867,352</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,867,352</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,047,931</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,047,931</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Dividends
    and interest on equity</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;38,088</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;38,088</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;44,554</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;44,554</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,364</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,364</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Trading
    securities</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;5,065</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;5,065</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,034</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,034</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,310,174</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;13,328,279</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;16,638,453</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,120,018</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,699,993</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,820,011</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current</b></font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Investments</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;5</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">123,409</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">123,409</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;95,719</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;95,719</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    trade receivables</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,445</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,445</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;7,059</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;7,059</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Eletrobr&#225;s
    compulsory loan</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">852,532</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">852,532</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">845,284</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">845,284</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Receivables
    by indemnity</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">517,183</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">517,183</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Loans
    - related parties</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">966,050</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">966,050</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">846,300</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">846,300</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Investments</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;10</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;59,879</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;59,879</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;47,300</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;47,300</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,203</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,203</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;59,879</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,461,619</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,521,498</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;51,503</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,794,362</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,845,865</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Assets</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,370,053</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;15,789,898</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;19,159,951</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,171,521</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,494,355</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,665,876</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities</b></font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
    and financing&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;13</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,155,483</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,155,483</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,152,234</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,152,234</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    payables</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;17</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,819,539</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,819,539</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,012,654</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,012,654</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    payables -&#160;&#160;drawee risk</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;15</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">623,861</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">623,861</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,121,312</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,121,312</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Dividends
    and interest on capital</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;15</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">946,133</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">946,133</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;13,252</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;13,252</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Leases</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;16</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;93,626</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;93,626</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;35,040</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;35,040</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;8,722</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;8,722</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;8,722</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;10,638,642</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;10,647,364</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,334,492</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,334,492</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current</b></font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
    and financing&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;13</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;31,215,128</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;31,215,128</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;22,938,469</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;22,938,469</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    payables</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;17</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">543,527</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">543,527</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;97,535</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;97,535</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 36px"><font style="font: 10pt Times New Roman, Times, Serif">Leases</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;16</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">436,505</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">436,505</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">439,350</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">439,350</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;97,535</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;32,195,160</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;32,292,695</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;23,377,819</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;23,377,819</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Liabilities</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>106,257</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;42,833,802</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;42,940,059</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;32,712,311</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;32,712,311</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfFinancialInstrumentsAtFairValueThroughProfitOrLossTableTextBlock', window );">Schedule of financial instruments at fair value through profit or loss</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
table below shows the financial instruments recorded at fair value through profit or loss, classifying them according to the fair
value hierarchy:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; width: 34%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 10%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 10%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    1</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    2</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balances</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    1</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Level
    2</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balances</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assets</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets at fair value through profit or loss</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Financial
    investments</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,305,109</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,305,109</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;2,114,620</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,114,620</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,364</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,364</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Trading
    securities</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,065</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;5,065</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,034</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,034</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    assets at fair value through profit or loss</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Investments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;59,879</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">59,879</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;47,300</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">47,300</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,203</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,203</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Assets</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,370,053</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,370,053</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;2,165,954</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,567</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,171,521</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    liabilities at fair value through profit or loss</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,722</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;8,722</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    liabilities at fair value through profit or loss</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Derivative
    financial instruments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;97,535</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">97,535</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Liabilities</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;106,257</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;106,257</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfOtherOperatingIncomeAndExpensesTableTextBlock', window );">Schedule of other Operating Income and Expenses</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
accordance with the Company&#8217;s policy, the gains and losses arising from the variation in the share price are recorded directly
in the income statement as financial result in the case of financial investments, or as other operating income and expenses in
the case of long-term investments.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Class
    of shares</b></font></td>
    <td style="border-top: black 0.5pt solid; font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="7" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="7" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-size: 11pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Quantity</b></font></td>
    <td style="font-size: 11pt; border-top-color: black; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equity
    interest (%)</b></font></td>
    <td style="font-size: 11pt; border-top-color: black; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Share
    price</b></font></td>
    <td style="font-size: 11pt; border-top-color: black; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Closing
    Balance</b></font></td>
    <td style="font-size: 11pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Quantity</b></font></td>
    <td style="font-size: 11pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Equity
    interest (%)</b></font></td>
    <td style="font-size: 11pt; border-top-color: black; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Share
    price</b></font></td>
    <td style="font-size: 11pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Closing
    Balance</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair
    value adjustment recognized in profit or loss (note 27 and 28)</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="width: 10%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">USIM3</font></td>
    <td style="font-size: 11pt; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;107,156,651</font></td>
    <td style="font-size: 11pt; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">15.19%</font></td>
    <td style="width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;15.69</font></td>
    <td style="width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,681,288</font></td>
    <td style="width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;107,156,651</font></td>
    <td style="width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">15.19%</font></td>
    <td style="width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">9.87</font></td>
    <td style="width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,057,636</font></td>
    <td style="width: 1%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;623,652</font></td>
    <td style="width: 1%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 8%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(168,236)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">USIM5</font></td>
    <td style="font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;111,144,456</font></td>
    <td style="font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">20.29%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;14.61</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,623,821</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;111,144,456</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">20.29%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">9.51</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,056,984</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;566,837</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">32,232</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,305,109</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;2,114,620</b></font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,190,489</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(136,004)</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">PATI3</font></td>
    <td style="font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;2,065,529</font></td>
    <td style="font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">11.31%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;28.99</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;59,879</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;2,065,529</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">11.31%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;22.90</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;47,300</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12,579</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">17,224</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 11pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,364,988</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;2,161,920</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,203,068</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(118,780)</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfForeignExchangeExposureTableTextBlock', window );">Schedule of foreign exchange exposure</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
consolidated net exposure as of December 31, 2020 is shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="font-size: 12pt; width: 44%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 27%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 27%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Foreign
    Exchange Exposure</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>(Amounts
    in US$&#8217;000)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>(Amounts
    in &#8364;&#8217;000)</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Cash and cash equivalents overseas</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">664,951</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13,372</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Trade receivables</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">387,039</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;2,560</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Financial investments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;23,748</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Other assets&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;9,158</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,474</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total Assets</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,084,896</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>20,406</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Borrowings and financing&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(4,812,268)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Trade payables</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(139,672)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(9,258)</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Iron ore derivative</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(172)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other liabilities</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(9,305)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,010)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total Liabilities</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(4,961,417)</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(10,268)</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: top; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Foreign
    exchange exposure</b></font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(3,876,521)</b></font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>10,138</b></font></td></tr>
<tr>
    <td style="vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Cash flow hedge
    accounting</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,992,200</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: top"><font style="font: 10pt Times New Roman, Times, Serif">Exchange rate swap
    CDI x Dollar&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(67,000)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: top; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    foreign exchange exposure</b></font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;48,679</b></font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>10,138</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfCurrenciesUsedInSensitivityAnalysisTableTextBlock', window );">Schedule of currencies used in sensitivity analysis</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">The
currencies used in the sensitivity analysis and their respective scenarios are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 20%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 19%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 19%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 19%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 19%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Currency</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Exchange
    rate</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Probable
    scenario</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    1</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    2</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">USD</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5.1967</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5.2617</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;6.4959</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;7.7951</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">EUR</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;6.3779</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;6.3867</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;7.9724</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;9.5669</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">USD x EUR</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1.2271</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1.2124</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;1.5339</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1.8407</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif"></font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfSensitivityAnalysisEffectsOnIncomeStatementTableTextBlock', window );">Schedule of sensitivity analysis effects on exchange position</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.05pt"><font style="font: 10pt Times New Roman, Times, Serif">The
effects on the result, considering scenarios 1 and 2 are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.05pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 30%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Instruments</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Notional</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Risk</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Probable
    scenario (*) R$<br /></b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    1 R$</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    2 R$</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Gross exchange position</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(3,876,521)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Dollar</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(251,974)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(5,036,279)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(10,072,558)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Cash flow hedge accounting</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,992,200</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Dollar</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">259,493</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;5,186,566</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;10,373,133</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Exchange rate swap CDI x Dollar&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(67,000)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Dollar</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(4,355)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(87,045)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(174,089)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net exchange position</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>48,679</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Dollar</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,164</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>63,242</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;126,486</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net exchange position</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>10,138</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Euro</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>89</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>16,165</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>32,330</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Exchange rate swap
    Dollar x Euro&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>40,697</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Dollar</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,264</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>50,134</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>78,337</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
The probable scenarios were calculated considering the following variations for risks: Real x Dollar - devaluation of the Real
by 1.25% / Real x Euro - devaluation of the Real by 0.14% / Euro x Dollar - appreciation of Euro by 1.20%. Source: Central Bank
of Brazil and European Central Bank quotations on 1/14/2021.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfSensitivityAnalysisEffectsOnClassOfSharesTableTextBlock', window );">Schedule of sensitivity analysis effects on class of shares</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
effects on the result, considering the probable scenarios, 1 and 2 are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; width: 28%; vertical-align: bottom; font-weight: bold; text-align: left; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>Class
    of shares</b></font></td>
    <td style="width: 1%; vertical-align: bottom; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: left; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>Probable
    scenario</b></font></td>
    <td style="width: 1%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: left; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    1</b></font></td>
    <td style="width: 1%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: left; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    2</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="vertical-align: top; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;USIM3&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(84,064)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(420,322)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(840,644)</font></td></tr>
<tr>
    <td style="vertical-align: top; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;USIM5&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(81,191)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(405,955)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(811,910)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="vertical-align: top; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;PATI3&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,994)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(14,970)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(29,940)</font></td></tr></table>

<p style="margin-top: 0; margin-bottom: 0"></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfSensitivityAnalysisOfInterestRateSwapsTableTextBlock', window );">Schedule of sensitivity analysis of interest rate swaps</a></td>
<td class="text"><p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
interest rates used in the sensitivity analysis and their respective scenarios are shown below:</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="border-bottom: black 1pt solid; width: 36%; vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Interest</b></font></td>
    <td style="font-family: Calibri, Helvetica, Sans-Serif; width: 1%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Interest
    Rate</b></font></td>
    <td style="font-family: Calibri, Helvetica, Sans-Serif; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    1</b></font></td>
    <td style="font-size: 10pt; width: 1%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    2</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">CDI</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1.90%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2.38%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2.85%</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">TJLP</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.55%</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5.69%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6.38%</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">LIBOR</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.26%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.32%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.39%</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
effects on the result, considering scenarios 1 and 2 are shown below:</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="font-size: 10pt; width: 22%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 12%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 12%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 12%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 12%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 12%; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 12%; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Impact
    on profit or loss</b></font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Changes
    in interest rates</b></font></td>
    <td style="font-family: Calibri, Helvetica, Sans-Serif; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>%
    p.a</b></font></td>
    <td style="font-family: Calibri, Helvetica, Sans-Serif; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assets</b></font></td>
    <td style="font-family: Calibri, Helvetica, Sans-Serif; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Probable
    scenario (*)<br /></b></font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    1</b></font></td>
    <td style="border-top: black 0.5pt solid; font-size: 10pt; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Scenario
    2</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">CDI</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1.90</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;5,779,452</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(9,104,416)</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(10,673)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(15,794)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(31,588)</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">TJLP</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4.55</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(817,374)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(2,155)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(9,298)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(18,596)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Libor</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;0.26</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(4,533,341)</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(43,321)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,920)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(5,840)</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
The sensitivity analysis is based on the premise of maintaining the market values as of December 31, 2020 as a probable scenario
recorded in the company&#8217;s assets and liabilities.</font></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfSensitivityAnalysisOfPriceRisksPlattsIndexTableTextBlock', window );">Schedule of sensitivity analysis of price risks platts index</a></td>
<td class="text"><p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
effects on the result, considering scenarios 1 and 2 are shown below:</font></p>

<p style="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="5" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; width: 37%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Maturity&#160;</b></font></td>
    <td style="width: 1%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 20%; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Probable
    scenario (*) R$&#160;</b></font></td>
    <td style="width: 1%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Scenario
    1 R$&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 20%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Scenario
    2 R$&#160;</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2/2/2021</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(33,677)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(120,262)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(240,524)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">3/2/2021</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(43,144)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(127,915)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(255,830)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(76,821)</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(248,177)</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(496,354)</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
The probable scenario was calculated considering the quotation of &#8220;<i>Platts</i>&#8221; on 1/14/2021 for the maturities
of 2/2/2021 and 3/2/2021. Source: Bloomberg.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfDollarEuroSwapTableTextBlock', window );">Schedule of dollar x Euro swap</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company has derivative transactions with Banco Bradesco to protect its debt in NCE raised in September 2019 with maturity in October
2023 in the amount of US$67 million (equivalent to R$278 million) at a cost compatible with that usually practiced by the Company.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; border-collapse: collapse; font-size: 12pt">
  <tr>
    <td style="width: 26%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 17%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; width: 8%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; width: 1%; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; width: 10%; border-bottom: black 1pt solid; font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b>Consolidated</b></font></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>12/31/2020</b></font></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td colspan="3" style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Appreciation (R$)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Fair value (market)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Impact on financial income (expenses) in 2020</b></font></td></tr>
  <tr>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Counterparties</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Maturity</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Functional Currency</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Notional amount</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Asset position</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Liability position</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="border-bottom: black 1pt solid; font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif"><b>Amounts receivable / (payable)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Exchange rate swap Dollar x Euro&#160;</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif">04/26/2021 to 06/08/2021</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif">Dollar</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;17,377</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;90,315</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;&#160;(93,823)</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(3,508)</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(4,749)</font></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif">Exchange rate swap Dollar x Euro&#160;</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif">01/06/2021 a 06/11/2021</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif">Dollar</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;23,320</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">121,207</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(125,528)</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(4,321)</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(4,321)</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b><i>Total dollar-to-euro swap</i></b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;40,697</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>211,522</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>(219,351)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>(7,829)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;(9,070)</b></font></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><i>Exchange rate swap GBP x Euro&#160;</i></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif">Settled</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif">GBP</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">3,956</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(602)</font></td></tr>
  <tr>
    <td colspan="3" style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b><i>Total Swap GBP x Euro</i></b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>3,956</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;(602)</b></font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><i>Exchange rate swap CDI x Dollar&#160;</i></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif">02/10/2023</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"><font style="font: 8pt Arial,sans-serif">Dollar</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(67,000)</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">289,544</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(387,079)</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">&#160;(97,535)</font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif">(106,143)</font></td></tr>
  <tr style="background-color: #D9E1F2">
    <td style="font-family: Times New Roman,serif"><font style="font: 8pt Arial,sans-serif"><b><i>Total Swap CDI x dollar</i></b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>(67,000)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>289,544</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>(387,079)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;(97,535)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>(106,143)</b></font></td></tr>
  <tr>
    <td style="font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td>
    <td style="font-family: Times New Roman,serif; text-align: right"></td></tr>
  <tr style="background-color: #D9E1F2">
    <td colspan="5" style="font-family: Times New Roman,serif"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>501,066</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>(606,430)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>&#160;&#160;(105,364)</b></font></td>
    <td style="font-family: Times New Roman,serif; text-align: center"></td>
    <td style="border-top: black 1pt solid; border-bottom: black 2.25pt double; font-family: Times New Roman,serif; text-align: right"><font style="font: 8pt Arial,sans-serif"><b>(115,815)</b></font></td></tr>
  </table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfHedgingInstrumentsTableTextBlock', window );">Schedule of hedging instruments</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
table below presents a summary of the relations of <i>hedge</i> as of December 31, 2020:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 10%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Designation
    Date</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Hedging
    Instrument</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Hedged
    item</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Type
    of hedged risk</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Hedged
    period</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Exchange
    rate on designation</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Designated
    amounts (US$&#8217;000)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Amortizated
    part (USD'000)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Effect
    on Result (*) (R$'000)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Impact
    on Shareholders' equity (R$'000)</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">12/18/2014</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;May
    2020&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">2.6805</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;30,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(30,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(82,374)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">12/18/2014</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;May
    2020&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">2.678</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;35,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(35,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(96,190)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">12/18/2014</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;May
    2020&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">2.676</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;35,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(35,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(96,261)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">07/21/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;July
    2019 - March 2021&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.1813</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;60,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(45,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(58,475)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(30,231)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">07/23/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;July
    2019 - March 2021&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.285</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;100,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(75,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(92,026)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(47,793)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">07/23/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;August
    2018 - October 2022&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.285</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;30,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(18,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(14,185)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(22,940)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">07/24/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;August
    2018 - October 2022&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.3254</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;100,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(60,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(46,474)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(74,852)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">07/27/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;August
    2018 - October 2022&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.3557</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;25,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(15,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(11,467)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(18,410)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">07/27/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;August
    2018 - October 2022&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.3557</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;70,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(42,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(32,108)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(51,548)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">07/27/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;August
    2018 - October 2022&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.3557</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;30,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(18,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(13,760)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(22,092)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">07/28/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;August
    2018 - October 2022&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.3815</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;30,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(18,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(13,605)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(21,782)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3/8/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Export
    prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;July
    2018 - October 2022&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.394</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;355,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(276,500)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(338,777)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(141,512)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">2/4/2018</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Bonds</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;July
    2018 - February 2023&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.3104</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,170,045</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(820,045)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(306,189)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(660,205)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">07/31/2019</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Bonds
    and Export prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;January
    2020 - April 2026&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.7649</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,342,761</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(247,061)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(329,966)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,568,823)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">10/1/2020</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Bonds
    without express maturity and Export prepayments in US$ to third parties</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;March
    2020 - December 2050&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">4.0745</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,416,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(102,000)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(136,029)</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,474,571)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">01/28/2020</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Bonds</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Part
    of the highly probable future monthly iron ore exports</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. US$ spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;March
    2017 - January 2028&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">4.2064</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,000,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(990,299)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;5,828,806</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(1,836,606)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(1,667,886)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(5,125,058)</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
On December 31, 2020, the amount of (R$1,667,886) was recorded in Other Operating Expenses. As of December 31, 2019, (R$790,353).</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfChangesInHedgeAccountingTableTextBlock', window );">Schedule of changes in hedge accounting</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt/115% Times New Roman, Times, Serif">The
changes in the hedge accounting amounts recognized in shareholders&#8217; equity as of December 31, 2020 are as follows</font>
<font style="font: 10pt Times New Roman, Times, Serif">:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 33%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 16%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 16%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 16%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 16%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Movement</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Realization</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Cash flow hedge accounting</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,255,770</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,537,174</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,667,886)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,125,058</font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfReclassifiedToOtherOperatingIncomeAndExpensesTableTextBlock', window );">Schedule of reclassified to other operating income and expenses</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
table below shows the result of the derivative instrument on December 31, 2020 recognized in Other Comprehensive Income and, when
carrying out shipments, the amount reclassified to Other Operating Income and Expenses:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 21%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 13%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Appreciation
    (R$)&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Fair
    value (market)&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Other
    income and expenses&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Other
    comprehensive income&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Exchange
    variation&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Maturity&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Notional&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Asset
    position&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Liability
    position&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Amounts
    receivable / (payable)&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">09/02/2020 (Settled)</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Platts&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(31,678)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(136)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">10/02/2020 (Settled)</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Platts&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(132,997)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(9,051)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">11/04/2020 (Settled)</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Platts&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(85,164)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(7,301)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">12/02/2020 (Settled)</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Platts&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(33,310)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;52</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2/2/2021</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Platts&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">486,852</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(493,925)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(7,073)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(6,888)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(185)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2/3/2021</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Platts&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">527,684</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(521,504)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,180</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;6,063</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">117</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,014,536</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(1,015,429)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(893)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(283,149)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(825)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(16,504)</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfChangesInHedgeAccountingPlattsTableTextBlock', window );">Schedule of changes in hedge accounting platts</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
change in the amounts related to cash flow hedge accounting - &#8220;Platts&#8221; index recorded in shareholders&#8217; equity
on December 31, 2020 is shown as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 53%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-top: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Movement</b></font></td>
    <td style="border-top: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Realization</b></font></td>
    <td style="border-top: black 0.5pt solid; width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Cash flow hedge accounting&#160;&#160;&#8211;&#160;&#160;&#8220;Platts&#8221;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;283,974</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(283,149)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;825</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Income tax and social contribution on
    cash flow hedge accounting</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(96,551)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;96,271</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(280)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair
    Value of cash flow accounting - Platts, net</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;187,423</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(186,878)</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;545</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfNonDerivativeFinancialLiabilitiesTableTextBlock', window );">Schedule of non-derivative financial liabilities</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In
order to eliminate this exposure and cover future fluctuations in the Euro on these loans, non-derivative financial liabilities
were designated, represented by loan contracts with financial institutions in the amount of &#8364; 120 million which matured
on January 31, 2020, when was settled financially.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 8%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 17%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 30%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Designation
    Date</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Hedging
    Instrument</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Hedged
    item</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Type
    of hedged risk</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Exchange
    rate on designation</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Designated
    amounts (EUR'000)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Impact
    on shareholders' equity</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">09/30/2015</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Non-derivative
    financial liabilities in EUR &#8211; Debt contract</font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Investments
    in subsidiaries which EUR is the functional currency</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange - R$ vs. EUR spot rate</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.0825</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;120,000</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;6,293</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;120,000</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;6,293</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfBalanceSheetAndStatementOfIncome', window );">Schedule of balance sheet and statement of income</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: top"><td style="width: 14.2pt"><font style="font: normal 10pt Times New Roman, Times, Serif"><b>&#149;</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Classification
    of derivatives in the balance sheet and income</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; width: 23%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Instruments</b></font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="5" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
    operating income expenses</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
    comprehensive income</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    income (expenses), net (note 28)</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-style: italic; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Exchange
    rate swap Dollar x Euro&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(7,829)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(7,829)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(9,070)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;783</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-style: italic; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Exchange
    rate swap GBP x Euro&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(602)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-style: italic; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Exchange
    rate swap CDI x Dollar&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(97,535)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;(97,535)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(106,143)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,203</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-style: italic; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Iron
    ore derivative</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(893)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(893)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(283,149)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(825)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(16,504)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;(8,722)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(97,535)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;(106,257)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(283,149)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(825)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;(132,319)</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,986</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfContractualMaturitiesOfFinancialLiabilitiesTableTextBlock', window );">Schedule of contractual maturities of financial liabilities</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
following are the contractual maturities of financial liabilities including interest.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 41%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>At
    December 31, 2020</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Less
    than one year</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>From
    one to two years</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>From
    two to five years</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Over
    five years</b></font></td>
    <td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="border-top: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings,
    financing and debentures (note 13)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,155,483</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;14,146,118</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,671,511</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;12,397,499</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;35,370,611</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Lease Liabilities (note 16)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;93,626</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;143,227</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;115,398</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;177,880</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;530,131</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Derivative financial instruments (note 14 I)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;8,722</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;97,535</font></td>
    <td style="color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;106,257</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Trade payables (note 17)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,819,539</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;528,551</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;14,976</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,363,066</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Trade payables &#8211; Drawee risk (note 14
    I)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;623,861</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;623,861</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Dividends and interest on equity (note 15)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;946,133</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;946,133</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;10,647,364</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;14,817,896</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,899,420</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;12,575,379</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;42,940,059</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfFairValuesOfAssetsAndLiabilitiesTableTextBlock', window );">Schedule of fair values of assets and liabilities</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
estimated fair value for certain consolidated long-term borrowings and financing was calculated at current market rates, considering
the nature, term and risks similar to those of the registered contracts, as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 53%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Closing
    Balance</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair
    value</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Closing
    Balance</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair
    value</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Perpetual bonds</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,203,773</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,157,465</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,036,186</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,706,553</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Fixed Rate Notes</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;15,067,341</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;15,744,067</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;8,090,297</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;8,345,471</font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfCapitalManagementTableTextBlock', window );">Schedule of capital Management</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company seeks to optimize its capital structure in order to reduce its financial costs and maximize the return to its shareholders.
The table below shows the evolution of the Company&#8217;s consolidated capital structure, with financing by equity and third-party
capital:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="border-bottom: black 0.5pt solid; width: 68%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Thousands
    of reais</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Shareholder's equity (equity)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;11,251,505</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;11,361,932</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Borrowings and Financing (Third-party capital)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;35,270,653</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;27,967,036</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Gross Debit/Shareholder's equity</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3.13</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;2.46</font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfBalanceSheetAndStatementOfIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of balancesheet and statement of income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfBalanceSheetAndStatementOfIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfCapitalManagementTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the schedule of capital management .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfCapitalManagementTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfChangesInHedgeAccountingPlattsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the schedule of changes in hedge accounting platts table text block.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfChangesInHedgeAccountingPlattsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfFairValuesOfAssetsAndLiabilitiesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the schedule of fair values of assets and liabilities .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfFairValuesOfAssetsAndLiabilitiesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfOtherOperatingIncomeAndExpensesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the schedule of other operating income and expenses .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfOtherOperatingIncomeAndExpensesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfReclassifiedToOtherOperatingIncomeAndExpensesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the schedule of reclassified to other operating income and expenses table text block.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfReclassifiedToOtherOperatingIncomeAndExpensesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfSensitivityAnalysisEffectsOnClassOfSharesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the schedule of sensitivity analysis effects on class of shares table text block.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfSensitivityAnalysisEffectsOnClassOfSharesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfSensitivityAnalysisOfPriceRisksPlattsIndexTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Disclosure of sensitivity analysis of price risks platts index.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfSensitivityAnalysisOfPriceRisksPlattsIndexTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfChangesInHedgeAccountingTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of changes in hedge accounting .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfChangesInHedgeAccountingTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfContractualMaturitiesOfFinancialLiabilitiesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of contractual maturities of financial liabilities .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfContractualMaturitiesOfFinancialLiabilitiesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfCurrenciesUsedInSensitivityAnalysisTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of currencies used in sensitivity analysis .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfCurrenciesUsedInSensitivityAnalysisTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfDollarEuroSwapTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of dollar euro swap .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfDollarEuroSwapTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfFinancialInstrumentsAtFairValueThroughProfitOrLossTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of financial instruments at fair value through profit or loss .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfFinancialInstrumentsAtFairValueThroughProfitOrLossTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfFinancialInstrumentsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of financial instruments .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfFinancialInstrumentsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfForeignExchangeExposureTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of foreign exchange exposure .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfForeignExchangeExposureTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfHedgingInstrumentsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of hedging instruments .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfHedgingInstrumentsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfNonDerivativeFinancialLiabilitiesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of non derivative financial liabilities .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfNonDerivativeFinancialLiabilitiesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfSensitivityAnalysisEffectsOnIncomeStatementTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of sensitivity analysis effects on income statement .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfSensitivityAnalysisEffectsOnIncomeStatementTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfSensitivityAnalysisOfInterestRateSwapsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of sensitivity analysis of interest rate swaps .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfSensitivityAnalysisOfInterestRateSwapsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>72
<FILENAME>R53.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189851784">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>15. OTHER PAYABLES (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherPayablesAbstract', window );"><strong>Other Payables [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfOtherPayablesTableTextBlock', window );">Schedule of other payables</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
other obligations classified in current and non-current liabilities have the following composition:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="5" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Payables to related parties (note 22 b)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">70,458</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">46,063</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">78,083</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">88,021</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Derivative financial instruments (note 14 I)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,722</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">97,535</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Dividends and interest on capital (note 14 I)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">946,133</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13,252</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Advances from customers <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,100,772</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">787,604</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,725,838</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,845,248</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Taxes in installments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">45,331</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">19,498</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">160,247</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">67,727</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Profit sharing - employees</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">150,341</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">162,866</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Taxes payable</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">38,493</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,805</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Provision for consumption and services</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">175,242</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">204,299</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Third party materials in our possession</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">84,832</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">78,820</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Trade payables - Drawee Risk (note 17)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">623,861</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,121,312</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Trade payables (note 17)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">543,527</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Lease Liabilities (note 16)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;93,626</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;35,040</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">436,505</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">439,350</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other payables</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;58,321</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;57,690</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">65,108</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">44,551</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,357,639</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,526,444</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,145,336</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,493,702</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 8pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 14.2pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">1.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Advances from customers:
    During 2019, the subsidiary CSN Minera&#231;&#227;o entered into an agreement with a major international player for the supply
    of approximately 22 million tons of iron ore and an additional supply of 11 million tons of iron ore. Accordingly, CSN Minera&#231;&#227;o
    S.A. received in advance the amounts of US$496 million (R$1,951,303) and US$250 million (R$956,440) on March 29, 2019 and
    August 5, 2019, respectively. The term for the execution of the contracted volumes is 5 years. Finally, on September 16, 2019,
    the parties again amended the contract to adjust the delivery conditions for iron ore. In July 2020, the subsidiary concluded
    the contract for the additional supply of approximately 4 million tons of iron ore, which was received in advance, on August
    28, 2020, the amount of US$115 million (R$629 million). The term for the execution of the contract is 3 years.</font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherPayablesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherPayablesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfOtherPayablesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of other payables .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfOtherPayablesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>73
<FILENAME>R54.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026215634200">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>16. LEASES (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PresentationOfLeasesForLesseeAbstract', window );"><strong>Presentation of leases for lessee [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfLeaseLiabilities', window );">Schedule of lease liabilities</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">Lease
liabilities are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 69%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Leases</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,623,523</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,501,960</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Present value adjustment - Leases</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,093,392)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,027,570)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;530,131</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;474,390</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Classified:</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Current</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;93,626</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;35,040</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Non-current</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;436,505</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;439,350</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;530,131</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;474,390</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfMovementOfLeaseLiabilitiesTableTextBlock', window );">Schedule of movement of lease liabilities</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
movement of lease liabilities is shown in the table below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 69%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Opening balance</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;474,390</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;640,989</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">New leases</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;52,835</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;106,584</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Present Value Adjustments - New leases</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(6,511)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(54,080)</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Contract review</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;63,250</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(175,609)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Write-off</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(7,757)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,374)</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Payments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(103,648)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(94,727)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Interest appropriated</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;54,236</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;52,607</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Exchange variation</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,336</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    balance</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;530,131</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;474,390</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfEstimatedFutureMinimumPaymentsForLeaseAgreementsTableTextBlock', window );">Schedule of estimated future minimum payments for the lease agreements</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">As
of December 31, 2020 are the following:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 53%; vertical-align: middle; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Less
    than one year</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Between
    one and five years</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Over
    five years</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 1pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Leases</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;98,788</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;368,659</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,156,076</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,623,523</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Present value
    adjustment - Leases</font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(5,162)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(110,034)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(978,196)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,093,392)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;93,626</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;258,625</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;177,880</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;530,131</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RecoverablePisCofinsTableTextBlock', window );">Schedule of recoverable PIS / COFINS</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Lease
liabilities were measured at the amount of consideration with suppliers, that is, without considering the tax credits incurred
after payment. The potential right of PIS and COFINS embedded in the lease liability is shown below.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 69%; vertical-align: middle; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Leases</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,603,100</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,489,789</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Present value adjustment - Leases</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;(1,091,275)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,026,919)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Potencial PIS and COFINS credit</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;148,287</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;137,805</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Present value adjustment &#8211; Potential PIS
    and COFINS credit</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(100,943)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(96,461)</font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfMeasurementOfLeaseLiabilityTableTextBlock', window );">Schedule of measurement of the lease liability</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">The
expenses related to payments not included in the measurement of the lease liability during the year are:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 69%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Contract less than 12 months&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;549</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;10,819</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Lower Assets value&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;9,563</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,853</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;Variable lease payments&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;270,449</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;177,460</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;280,561</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;192,132</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfComparativeBalancesOfLeaseLiabilitiesTableTextBlock', window );">Schedule of comparative balances of lease liabilities</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Considering
Circular Letter / CVM / SNC / SEP No. 02/2019, the Company discloses below the comparative balances of lease liabilities, right
to use, financial expenses and depreciation expenses with the use of rates in real terms to discount a present value of flows
also in real terms.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 53%; vertical-align: middle; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font: 10pt Calibri, Helvetica, Sans-Serif; width: 11%; vertical-align: bottom; text-align: left; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font: 10pt Calibri, Helvetica, Sans-Serif; width: 1%; vertical-align: bottom; text-align: left; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: middle; color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font: 10pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: left; padding-left: 36px; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font: 10pt Calibri, Helvetica, Sans-Serif; vertical-align: bottom; text-align: left; padding-left: 36px; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Rate
    in nominal terms and actual flow</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Rate
    and actual flow in nominal terms</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Rate
    in nominal terms and actual flow</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Rate
    and actual flow in nominal terms</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif">Lease Liability</font></td>
    <td style="color: rgb(51,51,51); text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">530,131</font></td>
    <td style="color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: rgb(51,51,51); text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;595,193</font></td>
    <td style="color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: rgb(51,51,51); text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">474,390</font></td>
    <td style="color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: rgb(51,51,51); text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">579,390</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Right of net
    use</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">511,882</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;547,671</font></td>
    <td style="vertical-align: middle; color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">472,345</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">567,905</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Financial expenses</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(50,513)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(63,744)</font></td>
    <td style="vertical-align: middle; color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(49,118)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(57,556)</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Depreciation&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(57,342)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(59,560)</font></td>
    <td style="vertical-align: middle; color: rgb(51,51,51); text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(53,826)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(57,356)</font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PresentationOfLeasesForLesseeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PresentationOfLeasesForLesseeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RecoverablePisCofinsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the recoverable pis cofins table text block.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RecoverablePisCofinsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfComparativeBalancesOfLeaseLiabilitiesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the schedule of comparative balances of lease liabilities table text block.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfComparativeBalancesOfLeaseLiabilitiesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfEstimatedFutureMinimumPaymentsForLeaseAgreementsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the schedule of estimated future minimum payments for lease agreements table text block.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfEstimatedFutureMinimumPaymentsForLeaseAgreementsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the schedule of lease liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfMeasurementOfLeaseLiabilityTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the schedule of measurement of lease liability table text block.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfMeasurementOfLeaseLiabilityTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfMovementOfLeaseLiabilitiesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the schedule of movement of lease liabilities table text block.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfMovementOfLeaseLiabilitiesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>74
<FILENAME>R55.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026188074248">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>17. TRADE PAYABLES (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TradePayablesAbstract', window );"><strong>Trade Payables</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfTradePayablesTableTextBlock', window );">Schedule of trade payables</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: middle"><td style="white-space: nowrap; width: 53%"><font style="font: 10pt Times New Roman, Times, Serif"><b></b></font></td>
    <td style="white-space: nowrap; width: 15%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="white-space: nowrap; width: 15%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; white-space: nowrap; width: 15%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td style="white-space: nowrap; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current</b></font></td></tr>
<tr>
    <td style="white-space: nowrap; vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; white-space: nowrap; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; white-space: nowrap; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">Trade payables</font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,893,589</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,012,654</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;594,051</font></td></tr>
<tr style="vertical-align: middle">
    <td style="white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif">(-) Adjustment present value</font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(74,050)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="white-space: nowrap; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(50,524)</font></td></tr>
<tr style="background-color: rgb(220,230,241); vertical-align: middle">
    <td style="white-space: nowrap"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,819,539</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,012,654</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; white-space: nowrap; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;543,527</b></font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfTradePayablesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the schedule of trade payables table text block.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfTradePayablesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TradePayablesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TradePayablesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>75
<FILENAME>R56.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026188254088">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>18.INCOME TAX AND SOCIAL CONTRIBUTIONS  (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAbstract', window );"><strong>Income Tax And Social Contributions</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock', window );">Schedule of income tax and social contribution income (expense)</a></td>
<td class="text"><p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
income tax and social contribution recognized in net income for the year are as follows:</font></p>

<p style="font: 9pt/116% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 53%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td colspan="4" style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Income
    tax and social contribution income (expense)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: white">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Current</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(2,052,204)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,564,622)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(827,229)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Deferred</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,426,696</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;2,398,400</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;576,895</font></td></tr>
<tr style="vertical-align: middle; background-color: white">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(625,508)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;833,778</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(250,334)</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfReconciliationOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock', window );">Schedule of reconciliation of income tax and social contribution income (expense)</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
reconciliation of income and social contribution expenses and income of the consolidated and the product of the current tax rate
on income before income tax and social contribution are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="border-bottom: black 1pt solid; width: 59%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 13%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 1%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 1%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Income before income
    tax and social contribution</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;4,918,126</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,410,733</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;5,450,917</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Tax
    rate</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">34%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">34%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">34%</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Income tax and
    social contribution at combined statutory rate</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(1,672,163)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(479,649)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(1,853,312)</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Adjustment to reflect
    the effective rate:</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Equity
    in results of affiliated companies</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">28,391</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">46,737</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">50,134</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Profit
    with differentiated rates or untaxed</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(519,840)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(236,404)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(46,006)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Transfer
    price adjustment</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(15,645)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(18,494)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(74,836)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Tax
    loss carryforwards without recognizing deferred taxes</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(27,758)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(21,095)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(27,683)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Indebtdness
    limit</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(25,087)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(20,393)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(38,486)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Unrecorded
    deferred taxes on temporary differences</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;5,142</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(2,835)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(11,964)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Reversal
    for deferred income tax and social contribution credit</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,540,087</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,530,185</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,807,909</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Income
    taxes and social contribution on foreign profit</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(13,011)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(14,424)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(30,219)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Tax
    incentives</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">64,818</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">39,042</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">36,710</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
    taxes on exchange variation in equity</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(43,667)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Interest
    on equity</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">17,177</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">22,107</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    permanent deductions (additions)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(7,619)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(10,999)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(18,914)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Income tax and
    social contribution in net income for the year</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(625,508)</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;833,778</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(250,334)</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Effective
    tax rate</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>13%</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>-59%</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>79%</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfDeferredIncomeTaxAndSocialContributionTableTextBlock', window );">Schedule of deferred income tax and social contribution</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
income tax and social contribution balances are as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 42%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 5%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 6%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 6%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 6%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 3%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 6%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Movement</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-top: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Movement</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Shareholders'<br />Equity</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>P&#38;L</b></font></td>
    <td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Others</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Shareholders'<br />Equity</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>P&#38;L</b></font></td>
    <td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Others</b></font></td>
    <td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Deferred</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">Income
    tax losses</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;959,240</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;651,561</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,610,801</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;238,198</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,848,999</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Social
    contribution tax losses</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;367,358</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;242,688</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;610,046</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;78,162</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;688,208</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Temporary
    differences</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(1,838,935)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(2,357)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,504,151</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>59</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(337,082)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(59,380)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,110,336</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,029</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;718,903</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Provision for tax. social security, labor, civil and environmental risks</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;334,380</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(70,367)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;264,013</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;15,136</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;279,149</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Asset impairment losses</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;181,516</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">915</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;182,431</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(26,444)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,029</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;161,016</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    (Gains)/losses on financial instruments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;359,776</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;54,719</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;414,495</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(409,468)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;5,027</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Actuarial liability (pension and healthcare plan)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;276,032</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">38,569</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;314,601</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(44,732)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(7,412)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;262,457</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Accrued supplies and services</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;95,644</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;36,767</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;132,411</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;22,041</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;154,452</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Unrealized exchange variation <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,010,532</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;170,969</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,181,501</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(29,175)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,152,326</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Gain upon loss of control in Transnordestina</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(92,180)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(92,180)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(92,180)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Cash flow hedge accounting</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;490,041</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(63,080)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;426,961</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,315,839</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,742,800</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Acquisition at fair value of SWT and CBL</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(172,114)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(52,071)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;39,672</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(184,513)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(57,651)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;30,149</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(212,015)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Deferred taxes not computed</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(252,940)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(39,021)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(291,961)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(25,966)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(317,927)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    (Losses) estimated /reversals to deferred taxes credits</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(3,086,572)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">25,159</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,435,415</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,625,998)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,270,110)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,548,640</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,347,468)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Business Combination</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,030,812)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,471</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,023,341)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,292</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,015,049)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Consolidation of CBSI</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(12)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">62</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;50</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;50</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">-
    Others</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;47,762</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">49,066</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(132,377)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(3)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(35,552)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,726)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(15,457)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(53,735)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(512,337)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(2,357)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;2,398,400</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>59</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,883,765</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>(59,380)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,426,696</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,029</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,256,110</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Total
    Deferred Assets</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;89,394</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;2,473,304</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,874,946</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Total
    Deferred Liabilities</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(601,731)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(589,539)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(618,836)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    Deferred</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(512,337)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,883,765</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,256,110</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(1)
The Company taxes exchange variations on a cash basis to calculate income tax and social contribution on net income.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfEstimatedRecoveryOfDeferredTaxAssetsTableTextBlock', window );">Schedule of estimated recovery of deferred tax assets</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
estimated recovery of deferred tax assets of IRPJ and CSLL are netted when referring to a single jurisdiction as shown in the
table below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 84%; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>In
    millions of reais</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2021</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,018</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2022</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,315</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2023</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,257</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2024</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">495</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">2025</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">618</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Deferred
    asset</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,703</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Deferred liabilities - Parent Company</font></td>
    <td style="border-top-color: black; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(828)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    deferred asset</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,875</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Deferred liabilities - subsidiaries</font></td>
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(619)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    deferred asset</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,256</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfInventoriesIncomeTaxAndSocialContributionRecognizedInShareholdersEquityExplanatory', window );">Schedule of income tax and social contribution recognized in shareholders' equity</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Income
tax and social contribution recognized directly in equity are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 75%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 12%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 12%; font-weight: bold; color: rgb(51,51,51); text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Income tax and
    social contribution</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Actuarial
    gains on defined benefit pension plan</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;170,604</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;215,306</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Estimated
    losses for deferred income and social contribution tax credits - actuarial gains</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(172,520)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(217,969)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Exchange
    differences on translating foreign operations&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(325,350)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(325,350)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Cash
    flow hedge accounting</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,742,765</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;426,961</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Estimated
    losses for deferred income and social contribution tax credits - cash flow hedge</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,742,520)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(426,961)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="color: rgb(51,51,51)"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(327,021)</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(328,013)</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfDeferredTaxAssetsOnTaxLossesAndTemporaryDifferencesTableTextBlock', window );">Schedule of deferred tax assets on tax losses and temporary differences</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Deferred
income tax / social contribution on tax losses and temporary differences refers mainly to the following items:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="border-right: black 1pt solid; width: 11%; text-align: center; padding-left: 5.4pt; line-height: 115%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 18%; text-align: center; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Nature</b></font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: bold 9pt/115% Arial, Helvetica, Sans-Serif; width: 71%; text-align: center; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>Brief
    description</b></font></td></tr>
<tr style="vertical-align: top">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: justify; padding-left: 5.4pt; line-height: 115%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 5.4pt; padding-right: 5.4pt"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Tax
        losses</font></p>
        <p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">The
    Company incurs tax losses in the Parent Company as a result of financial expenses on its indebtedness, since it substantially
    holds all the loans and financing of the CSN Group. However, the Parent Company reported taxable income in two quarters of
    2020.</font></td></tr>
</table>
<table cellspacing="0" cellpadding="0" style="font: 12pt Times New Roman, Times, Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; width: 11%; text-align: justify; padding-left: 5.4pt; line-height: 115%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; width: 18%; text-align: center; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Exchange
    variation expenses</font></td>
    <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; width: 71%; text-align: justify; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Since
    2012, the Company has opted for taxing exchange rate variations on a cash basis. As a result, taxes are due and expenses are
    deductible when the underlying asset or liability is settled.</font></td></tr>
<tr style="vertical-align: top">
    <td style="border-right: black 1pt solid; border-left: black 1pt solid; padding-left: 5.4pt; padding-right: 5.4pt"><p style="font: bold 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Differences</b></font></p>
        <p style="font: bold 8pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Temporary&#160;</b></font></p></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: center; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Loss
    on investment in Usiminas shares</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Changes
    in investment in Usiminas shares are recognized on an accrual basis; however, the event that generates taxation or deductibility
    will only occur when the investment is sold.</font></td></tr>
<tr style="vertical-align: top">
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: justify; padding-left: 5.4pt; line-height: 115%; padding-right: 5.4pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; padding-left: 5.4pt; padding-right: 5.4pt"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Other
        provisions</font></p>
        <p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p></td>
    <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; padding-left: 5.4pt; padding-right: 5.4pt; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">Other
    provisions are recognized on an accrual basis and their taxation occurs only at the time of their realization, such as: provision
    for contingencies, loss for <i>impairment</i>, provision for environmental liabilities, etc.</font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfInventoriesIncomeTaxAndSocialContributionRecognizedInShareholdersEquityExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of reconciliation of income tax and social contribution income expense .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfInventoriesIncomeTaxAndSocialContributionRecognizedInShareholdersEquityExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfEstimatedRecoveryOfDeferredTaxAssetsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the schedule of estimated recovery of deferred tax assets .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfEstimatedRecoveryOfDeferredTaxAssetsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfDeferredIncomeTaxAndSocialContributionTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of deferred income tax and social contribution .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfDeferredIncomeTaxAndSocialContributionTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfDeferredTaxAssetsOnTaxLossesAndTemporaryDifferencesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of deferred tax assets on tax losses and temporary differences .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfDeferredTaxAssetsOnTaxLossesAndTemporaryDifferencesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of income tax and social contribution income expense .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfReconciliationOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of reconciliation of income tax and social contribution income expense .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfReconciliationOfIncomeTaxAndSocialContributionIncomeExpenseTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>76
<FILENAME>R57.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191278760">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>19. TAXES IN INSTALLMENTS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxesInInstallmentsAbstract', window );"><strong>Taxes in Installments [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfTaxesInInstallmentsTableTextBlock', window );">Schedule of taxes in installments</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
position of Refis debts and other installments, recorded in installment taxes in current and non-current liabilities, as shown
in note 15, are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="5" style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Non-current</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Federal REFIS Law 11.941/09 (a)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12,214</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12,172</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">15,529</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">17,436</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Federal REFIS Law 12.865/13 (b)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,633</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,481</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">42,883</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">48,306</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other taxes in installments</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">26,484</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">845</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">101,835</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,985</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>45,331</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>19,498</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>160,247</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>67,727</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(a)
The refinancing program of Law 11,941 / 09 has a balance arising from the adhesion to the REFIS of taxes on profit (IRPJ and CSLL)
for the years 2006, 2007 and 2012 and taxes on billing (PIS and COFINS) for the years 2006 and 2007. The installment payment is
paid in monthly installments, with interest at the SELIC rate, which is the rate of the Brazilian federal funds.</font></p>

<p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(b)
The refinancing program of Law 12.865 / 13 has a balance resulting from the adhesion to the REFIS of taxes on profit (IRPJ and
CSLL) for the payment of the amounts related to taxes on the profit of the affiliates or subsidiaries abroad in 2009 to 2011.
It is due in monthly installments, with interest at the SELIC rate, which is the rate of Brazilian federal funds.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfTaxesInInstallmentsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of taxes in installments .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfTaxesInInstallmentsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TaxesInInstallmentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TaxesInInstallmentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>77
<FILENAME>R58.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026193613944">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract', window );"><strong>Provision For Tax Social Security Labor Civil Environmental Risks And Judicial Deposits</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfAccruedAmountsAndJudicialDepositsTableTextBlock', window );">Schedule of accrued amounts and judicial deposits</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Claims
of different nature are being challenged at the appropriate courts. Details of the accrued amounts and related judicial deposits
are as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle; background-color: white">
    <td style="width: 36%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 15%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accrued
    liabilities</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Judicial
    deposits</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Tax</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">134,645</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">128,411</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,444</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">31,060</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Social
    security</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,170</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,039</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Labor</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">328,334</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">305,309</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">212,737</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">227,213</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Civil</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">151,776</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">138,990</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">67,819</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">53,771</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Environmental</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12,463</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">43,498</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">17,683</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,731</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Deposit
    of a guarantee</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">24,434</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12,596</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>635,388</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>623,247</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>325,117</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>328,371</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Classified:</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Current</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">81,073</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">96,479</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Non-current</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">554,315</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">526,768</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">325,117</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">328,371</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>635,388</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>623,247</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>325,117</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>328,371</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfChangesInProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksTableTextBlock', window );">Schedule of changes in the provision for tax, social security, labor, civil and environmental risks</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
changes in tax, social security, labor, civil and environmental provisions in the year ended December 31, 2020 can be summarized
as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 25%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 14%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 14%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 14%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 14%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 14%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Current
    + Non-current</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Nature</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Additions</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Accrued
    charges</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net
    utilization of reversal</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Tax</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;128,411</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;8,626</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,267</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(6,659)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">134,645</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Social security</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,039</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;5,892</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;192</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(4,953)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;8,170</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Labor</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;305,309</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">44,693</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;39,507</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(61,175)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">328,334</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Civil</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;138,990</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">46,577</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;15,579</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(49,370)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">151,776</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Environmental</font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;43,498</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,525</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;326</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(35,886)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;12,463</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;623,247</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;110,313</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;59,871</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(158,043)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>635,388</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfLegalMattersWithPossibleRiskOfLossTableTextBlock', window );">Schedule of legal matters with possible risk of loss</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The following table shows a summary of the balance of the main matters classified as possible risk compared to
the balance at December 31, 2020 and December 31, 2019.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="font-family: Calibri, Helvetica, Sans-Serif; width: 82%; font-weight: bold; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assessment Notice
    and imposition of fine (AIIM) / Tax Enforcement - Income tax and social contribution - Capital gain on sale of NAMISA's shares</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;12,694,021</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;12,412,964</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assessment Notice
    and Imposition of fine (AIIM) - Income tax and Social contribution - Disallowance of deductions of goodwill generated in the
    reverse incorporation of Big Jump by NAMISA.</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;3,930,093</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;3,867,663</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assessment Notice
    and Imposition of fine (AIIM) / Tax Enforcement&#160;&#160;- Income tax and Social contribution - Disallowance of interest
    on prepayment arising from supply contracts of iron ore and port services</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,956,898</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;2,249,708</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assessment
    Notice and imposition of fine (AIIM) - Income tax and social contribution due to profits from foreign subsidiaries for years
    2008, 2010, 2011, 2012 and 2014</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;3,461,574</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;2,946,288</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Tax foreclosures
    - ICMS - Electricity credits</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;841,401</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,022,371</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Offset
    of taxes that were not approved by the Federal Revenue Service - IRPJ/CSLL, PIS/COFINS and IPI</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,845,379</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,100,564</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Disallowance
    of the ICMS credits - Transfer of iron ore</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;624,645</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;567,534</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">ICMS - Refers to
    the transfer of imported raw material at an amount lower than the price disclosed in the import documentation</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;317,848</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;310,349</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Disallowance of
    the tax loss and negative basis of social contribution arising from the adjustments in the SAPLI</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;583,478</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;538,268</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assessment Notice-
    IRRF- Capital Gain of CFM vendors located abroad</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;260,326</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;254,850</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">CFEM &#8211; difference
    of understanding between CSN and DNPM on the calculation basis&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,051,661</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,020,266</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assessment
    Notice- ICMS- questions about sales for incentive area</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,111,034</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,015,812</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Other
    tax lawsuits (federal, state, and municipal)</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;3,886,976</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;4,478,014</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Social
    security lawsuits</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;233,116</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;325,492</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Action
    to discuss the balance of the construction contract &#8211; Tebas</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;487,124</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;468,776</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Action
    related to power supply payment&#8217;s charge - Light</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;288,390</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;253,569</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Indemnity action
    due to the supply contract termination - Indumill</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;237,795</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;215,281</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Enforcement
    action applied by Brazilian antitrust authorities (CADE)</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;95,833</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;93,212</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Civil Public Action
    - Districts / School / Nursery relocation-CdP Dam <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;12,207</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;20,000</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Other
    civil lawsuits</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;777,850</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;764,127</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Labor
    and social security lawsuits</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,506,626</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,565,237</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Tax
    foreclosures &#8211; Fine &#8211; Volta Redonda IV <font style="font-weight: 400"><sup>(2)</sup></font></font></td>
    <td style="font: 11pt Calibri, Helvetica, Sans-Serif; vertical-align: middle; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;94,304</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;84,599</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">ACP
    landfill M&#225;rcia <font style="font-weight: 400"><sup>(3)</sup></font></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;306,389</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assessment
    Notice and imposition of fine (AIIM) -&#160;&#160;Charge of IRRF- RFB&#160;&#160;- Business combination (year 2015) between
    Namisa, Congonhas Min&#233;rios (current CSN Minera&#231;&#227;o) and consortium</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;862,324</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assessment
    Notice and imposition of fine (AIIM) - SEFAZ/RJ - ICMS on purchases of intermediate products (4)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;498,002</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Assessment
    Notice and imposition of fine (AIIM) - RFB -&#160;&#160;Disallowance of credits PIS/COFINS of inputs and freight</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,082,517</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Other
    environmental lawsuits</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;257,965</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;215,691</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font: bold 11pt Calibri, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;39,305,776</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;35,790,635</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">(1)
In May 2019, the State Prosecutor&#8217;s Office of the State of Minas Gerais filed an ACP order to compel CSN Minera&#231;&#227;o
SA to adopt mitigating measures regarding the psychological risks and losses allegedly generated by the Casa de Pedra Dam, reallocating
residents, who so wish, with rents and social assistance, as well as relocating children who attended a new daycare and school
that were closed, rebuilding new daycare and school in a safe place. In a preliminary injunction, the 1st Instance Magistrate
ordered the blocking of three million reais for the construction of the day care center and school, a decision suspended by the
2nd Instance Court. The State Public Prosecutor of the State of Minas Gerais also pleaded for the payment of moral damages collective
actions, as well as for the permanent reallocation of people, at the expense of CSN Minera&#231;&#227;o SA The lawsuit is in its
initial phase and there is still no judicial sentence related to the case.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">(2)
On April 8, 2013, INEA applied a fine of R$35 million to CSN in relation to aspects involving the Volta Grande IV condominium,
determining that the actions already considered and discussed in the public civil action filed in July 2012. In relation to the
application of this fine, an annulment action was filed, distributed, in January 2014, to the 10th Civil Court of the State of
Rio de Janeiro, aiming at the annulment of the fine and its effects. In parallel, INEA filed a tax enforcement action, with an
adjusted amount of R$42 million, in order to enforce the amount of the fine imposed. The Tax Foreclosure action mentioned was
distributed in May 2014 to the 4th Registry of Active Debt of Volta Redonda, in the State of Rio de Janeiro. Currently, these
actions are suspended until the conclusion of the investigation to be carried out in the Environmental Public Civil Action of
the Condominium Volta Grande IV, whose merit discusses possible contamination of the site.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">(3)
This is an Environmental Public Civil Action, proposed by the MPF, with a claim for indemnity for collective moral damages and
material damages, for allegedly irregular deposit of steel residues, in addition to being set aside for non-compliance with the
injunction.</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">(4)
Infraction Notice (AIIM) drawn up by SEFAZ / RJ for ICMS and Fine requirement for the alleged improper use of ICMS credit for
the period 2015 to 2020 resulting from the acquisition of intermediate products used in the UPV (refractories, belts, cylinders,
chemical agents, etc.), which were classified by the Inspection as of use / consumption and without the right to credit.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfAccruedAmountsAndJudicialDepositsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of accrued amounts and judicial deposits .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfAccruedAmountsAndJudicialDepositsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfChangesInProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of changes in provision for tax social security labor civil and environmental risks .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfChangesInProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfLegalMattersWithPossibleRiskOfLossTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of legal matters with possible risk of loss .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfLegalMattersWithPossibleRiskOfLossTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>78
<FILENAME>R59.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191265480">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract', window );"><strong>Provision For Environmental Liabilities And Asset Retirement Obligations</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationTableTextBlock', window );">Schedule of provision for environmental liabilities and asset retirement obligation</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
balance of provisions for environmental liabilities and deactivation of assets can be shown as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle; background-color: white">
    <td style="width: 59%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 20%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 20%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Environmental liabilities</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">192,830</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">192,270</font></td></tr>
<tr style="vertical-align: middle; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Asset retirement obligations</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">611,005</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">331,731</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>803,835</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>524,001</b></font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of transactions with subsidiaries joint ventures associates exclusive funds and other related parties by company assets and liabilities .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligationTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>79
<FILENAME>R60.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189820200">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>22. RELATED-PARTY BALANCES AND TRANSACTIONS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract', window );"><strong>Disclosure of transactions between related parties [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionAssetsAndLiabilitiesTableTextBlock', window );">Schedule of transactions with subsidiaries, joint ventures, associates, exclusive funds and other related parties, by transaction - assets and liabilities</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" style="font: bold 9pt/115% Arial, Helvetica, Sans-Serif; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: top"><td style="width: 17.85pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>22.b)</b></font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>Transactions
    with subsidiaries, joint ventures, associates, exclusive founds and other related parties</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="15" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="width: 32%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subsidiaries
    and associates</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-ventures
    e Joint Operation</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
    related parties</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subsidiaries
    and associates</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-ventures
    e Joint Operation</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
    related parties</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assets</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Current
    Assets&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Investments</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><sup>(1)</sup></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,763,603</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,763,603</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,116,560</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,116,560</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    receivables (note 6)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><sup>(2)</sup></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;7,686</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;8</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;113,482</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">121,176</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;39,435</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;797</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;130,356</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">170,588</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Dividends
    receivable (note 9)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><sup>(3)</sup></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;38,088</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;38,088</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;44,554</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;44,554</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    current assets (note 9)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,413</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,829</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;6,242</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,830</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,830</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;7,686</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;42,509</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,878,914</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,929,109</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;39,435</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;45,351</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,248,746</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,333,532</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Noncurrent
    Assets&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Investments</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><sup>(1)</sup></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;123,409</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">123,409</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">95,719</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;95,719</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Loans
    (note 9)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><sup>(4)</sup></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;3,375</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">962,675</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">966,050</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,874</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">844,426</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">846,300</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Actuarial
    asset (note 30)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13,819</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;13,819</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13,714</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;13,714</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    non-current assets (note 9)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><sup>(5)</sup></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">664,020</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">664,020</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">428,672</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">428,672</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,375</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,626,695</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;137,228</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,767,298</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,874</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,273,098</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;109,433</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,384,405</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;11,061</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,669,204</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;4,016,142</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,696,407</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;41,309</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,318,449</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,358,179</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,717,937</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Current
    Liabilities&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Intercompany
    Loans (note 13)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">25,038</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;25,038</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Trade
    payables</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">106,946</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;9,455</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">116,401</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;98,496</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;142,488</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">240,984</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Accounts
    payable (note 15)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;23,555</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;2,437</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;25,992</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;23,566</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;23,566</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Provision
    for consumption (note 15)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;44,466</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;44,466</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;22,497</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;22,497</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>174,967</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,892</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>186,859</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>144,559</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;167,526</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>312,085</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Noncurrent
    Liabilities&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Accounts
    payable (note 15)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;78,083</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;78,083</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;88,021</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;88,021</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Actuarial
    liability&#160;&#160;(note 30)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">79,546</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;79,546</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">19,788</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;19,788</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;78,083</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>79,546</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>157,629</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;88,021</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>19,788</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>107,809</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>253,050</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>91,438</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>344,488</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>232,580</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;187,314</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>419,894</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionStatementOfIncomeTableTextBlock', window );">Schedule of transactions with subsidiaries, joint ventures, associates, exclusive funds and other related parties, by transaction - statement of income</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: middle"><td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b></b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="7" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="width: 22%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subsidiaries
    and associates</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-ventures
    e Joint Operation</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
    related parties</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subsidiaries
    and associates</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-ventures
    e Joint Operation</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
    related parties</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Subsidiaries
    and associates</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Joint-ventures
    e Joint Operation</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other
    related parties</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 5%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>P&#38;L</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Sales</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;104,400</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;843</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,568,992</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,674,235</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;75,630</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,047,204</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,122,834</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;100,608</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;414</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,177,730</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,278,751</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Cost
    and expenses</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,036,420)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;(104,212)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,140,632)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(231,140)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,133,142)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;(594,676)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,958,958)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,307,695)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;(110,587)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,418,282)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial
    income (expenses)</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Interest
    (note 28)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;19,095</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;18,421</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;37,516</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;43,790</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;20,499</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;64,289</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;234</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;33,911</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;14,651</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;48,796</font></td></tr>
<tr style="vertical-align: middle">
    <td colspan="2" style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Exchange
    rate variations and&#160;&#160;monetary, net</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,586</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,586</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;13,611</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;13,611</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Financial
    investments (note 28)</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;1,190,489</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,190,489</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    operating income and expenses</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(14,939)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;(136,004)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;(150,943)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;-&#160;&#160;&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;104,400</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,016,482)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;2,673,690</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;1,761,608</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(155,510)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,104,291)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;340,609</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;(919,192)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;100,842</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;(1,273,369)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;1,095,404</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 2pt double; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;(77,123)</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"></p>

<p style="margin-top: 0; margin-bottom: 0"></p><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfKeyManagementPersonnelCompensationTableTextBlock', window );">Schedule of key management personnel compensation</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><font style="line-height: 115%">The following is information
on the compensation of such personnel and the related balances as of </font>December 31, 2020.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="5" style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>P&#38;L</b></font></td></tr>
<tr>
    <td style="width: 49%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="width: 1%; vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Short-term benefits for employees and officers</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;40,522</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;37,452</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;32,848</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Post-employment benefits</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;111</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;109</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;105</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;40,633</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;37,561</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;32,953</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfGuaranteesTableTextBlock', window );">Schedule of guarantees</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
Company is liable for guarantees of its subsidiaries and joint ventures as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Currency</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Maturities</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Borrowings</b></font></td>
    <td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Tax
    foreclosure</b></font></td>
    <td colspan="4" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Others</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr>
    <td style="width: 24%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 6%; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 9%; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Transnordestina
    Log&#237;sitca</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">R$</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Up
    to 09/19/2056 and Indefinite</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;2,478,105</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;2,428,194</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;35,496</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;37,406</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,298</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;8,702</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;2,516,899</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;2,474,302</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">FTL - Ferrovia
    Transnordestina</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">R$</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Up
    to 04/01/2021</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;43,118</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;43,118</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Cia
    Metalurgica Prada&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">R$</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Indefinite</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;196</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;457</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;244</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;235</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;440</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;692</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">CSN Energia</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">R$</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Up
    to 11/26/2023 and indefinite</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,141</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,920</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,920</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,920</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,061</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">CSN Minera&#231;&#227;o</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">R$</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Up
    to 12/21/2024</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;846,749</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,184,048</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;846,749</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;1,184,048</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Estanho de Rond&#244;nia&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">R$</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">7/15/2022</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,154</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,902</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,154</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,902</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Min&#233;rios
    Nacional S.A.</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">R$</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Up
    to 09/10/2021</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,946</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,544</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;1,946</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;4,544</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    in R$</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;3,327,954</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;3,661,806</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;35,692</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;41,004</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,462</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;10,857</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;3,369,108</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;3,713,667</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">CSN Inova Ventures</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">US$</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">01/28/2028</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,300,000</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;1,300,000</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">CSN Islands XII</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">US$</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Perpetual</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,000,000</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,000,000</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;1,000,000</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;1,000,000</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">CSN Resources</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">US$</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Up
    to 04/17/2026</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,525,000</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;1,958,603</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;1,525,000</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;1,958,603</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    in US$</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;3,825,000</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;2,958,603</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;3,825,000</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;2,958,603</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">CSN Steel S.L.</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">EUR</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;24,000</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;24,000</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    in EUR</b></font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;24,000</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;24,000</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    in R$</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; color: red"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;19,877,378</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;12,033,973</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;19,877,378</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;12,033,973</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; color: red"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;23,205,332</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;15,695,779</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;35,692</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;41,004</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;5,462</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;10,857</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;23,246,486</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;15,747,640</b></font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfGuaranteesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the schedule of guarantees .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfGuaranteesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfKeyManagementPersonnelCompensationTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of key management personnel compensation .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfKeyManagementPersonnelCompensationTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionAssetsAndLiabilitiesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the of transactions with subsidiaries, joint ventures, associates, exclusive funds and other related parties, by transaction - assets and liabilities .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionAssetsAndLiabilitiesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionStatementOfIncomeTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the transactions with subsidiaries, joint ventures, associates, exclusive funds and other related parties, by transaction - statement of income .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfTransactionsWithSubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartiesByTransactionStatementOfIncomeTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>80
<FILENAME>R61.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026193623368">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>23. SHAREHOLDERS' EQUITY (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract', window );"><strong>Disclosure of classes of share capital [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfOwnershipStructureTableTextBlock', window );">Schedule of ownership structure</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt/115% Times New Roman, Times, Serif">As
of December 31, 2020, the Company&#8217;s ownership structure was as follows</font> <font style="font: 10pt Times New Roman, Times, Serif">:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 30%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Number
    of common shares</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>%
    of total shares</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>%
    of voting capital</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Number
    of common shares</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>%
    of total shares</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>%
    of voting capital</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Vicunha A&#231;os
    S.A. (*)</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">679,522,254</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">48.97%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">49.24%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">679,522,254</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">48.97%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">49.24%</font></td></tr>
<tr style="background-color: white">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Rio Iaco Participa&#231;&#245;es
    S.A. (*)</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">58,193,503</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.19%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.22%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">58,193,503</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.19%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.22%</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">NYSE (ADRs)</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">248,763,533</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">17.93%</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">18.02%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">262,206,103</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">18.90%</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">19.00%</font></td></tr>
<tr style="background-color: white">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Other shareholders</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">393,635,257</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">28.37%</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">28.52%</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">380,192,687</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">27.40%</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">27.55%</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="border-top: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Outstanding
    shares</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,380,114,547</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>99.47%</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>100.00%</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,380,114,547</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>99.47%</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>100.00%</b></font></td></tr>
<tr style="background-color: white">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Treasury shares</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,409,500</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.53%</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,409,500</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.53%</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="border-top: black 0.5pt solid; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    shares</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,387,524,047</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>100.00%</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,387,524,047</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>100.00%</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
</table>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
Controlling group companies.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfShareBuybackProgramsTableTextBlock', window );">Schedule of share buyback programs</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As
of December 31, 2020, the position of treasury shares was as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Program</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Board&#8217;s
    Authorization</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Authorized
    quantity</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 25%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Program
    period</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Average
    buyback price</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 12%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Minimum
    and maximum buyback price</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sale
    of shares</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 9%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance
    in treasury</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">04/20/2018</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;30,391,000</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">From 4/20/2018 to
    4/30/2018</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8.5pt; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Not
    applicable</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Not applicable</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;22,981,500</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;7,409,500</font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfPositionOfTreasurySharesTableTextBlock', window );">Schedule of position of treasury shares</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As
of December 31, 2020, the position of treasury shares was as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td rowspan="3" style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Quantity
    purchased (in units)</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="3" style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Amount
    paid for the shares</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" colspan="5" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Share
    price</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="3" style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Share
    market price as of&#160;&#160;12/31/2020 (*)</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Minimum</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Maximum</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Average</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="border-top-color: black; width: 23%; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;7,409,500</font></td>
    <td style="width: 1%; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8.5pt; width: 16%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">R$
    58,264</font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8.5pt; width: 11%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;R$&#160;&#160;&#160;&#160;&#160;&#160;&#160;4.48</font></td>
    <td style="font-size: 8.5pt; width: 1%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8.5pt; width: 10%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;R$
    10.07</font></td>
    <td style="font-size: 8.5pt; width: 1%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8.5pt; width: 15%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;R$&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;7.86</font></td>
    <td style="font-size: 8.5pt; width: 1%; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 8.5pt; width: 20%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">R$
    235,993</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>
<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">(*)
The average share price on December 31, 2020 was used in the amount of R$31.85 per share.</font></p><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfBasicEarningsLossPerShareTableTextBlock', window );">Schedule of basic earnings (loss) per share</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
earnings per share are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 48%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; width: 16%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-top: black 0.5pt solid; width: 1%; vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; width: 18%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Common
    Shares</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Profit for the
    year</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,794,295</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,789,067</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;5,074,136</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Weighted average number of shares</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,380,114,547</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,380,114,547</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,373,250,595</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Basic and diluted
    earnings (loss) per share</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2.74926</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1.29632</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3.69498</b></font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfClassesOfShareCapitalAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfBasicEarningsLossPerShareTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of basic earnings loss per share .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfBasicEarningsLossPerShareTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfOwnershipStructureTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of ownership structure .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfOwnershipStructureTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfPositionOfTreasurySharesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of position of treasury shares .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfPositionOfTreasurySharesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfShareBuybackProgramsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of share buyback programs .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfShareBuybackProgramsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>81
<FILENAME>R62.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191444840">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>24. Shareholders' Compensation (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ShareholdersCompensationAbstract', window );"><strong>Shareholders Compensation</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfDeliberateAndPaidDividendsTableTextBlock', window );">Schedule of deliberate and paid dividends</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Dividends
are calculated in accordance with the bylaws and the Joint Stock Company Act. The profit destination for 2020 is shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="text-decoration: underline; width: 65%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Allocation
    of profit</b></font></td>
    <td style="width: 16%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Profit for the
    year</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</b>3,794,295</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Capital
    reserve</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(189,715)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Profit for allocation</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;3,604,580</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Proposed destination:</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Mandatory
    minimum dividends</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(901,145)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Statutory
    reserve</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(2,703,435)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(3,604,580)</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Weighted average number of shares</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;1,380,114,547</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Dividends for share</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;0.652949</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-decoration: underline; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>In
    current liabilities</b></font></td>
    <td style="text-decoration: underline; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b><u>&#160;</u></b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance of dividends
    payable as December 31, 2019</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;13,252</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Dividends
    paid in year</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(12,414)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Proposed
    dividends in 2020 exercise</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;901,145</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Balance of dividends
    payable as December 31, 2020</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;901,983</b></font></td></tr>
</table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ShareholdersCompensationAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ShareholdersCompensationAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfDeliberateAndPaidDividendsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of deliberate and paid dividends .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfDeliberateAndPaidDividendsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>82
<FILENAME>R63.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189661912">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>25. NET REVENUE FROM SALES (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NetRevenueFromSalesAbstract', window );"><strong>Net Revenue From Sales</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ScheduleOfNetSalesRevenueExplanatory', window );">Schedule of net sales revenue</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Net
sales revenue is as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 43%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Consolidated&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Gross revenue</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: white">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Domestic
    market</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;16,652,801</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;14,220,420</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;14,752,901</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    market</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;17,396,259</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;14,663,297</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;11,817,559</font></td></tr>
<tr style="vertical-align: middle; background-color: white">
    <td style="font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;34,049,060</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;28,883,717</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;26,570,460</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Deductions&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Sales
    returns, discounts and rebates</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(248,821)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(325,794)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(234,851)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Taxes
    on sales</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(3,736,219)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(3,121,506)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(3,366,724)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(3,985,040)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(3,447,300)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(3,601,575)</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net revenue</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;30,064,020</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;25,436,417</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;22,968,885</b></font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_NetRevenueFromSalesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_NetRevenueFromSalesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ScheduleOfNetSalesRevenueExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The disclosure of detailed information about net sales revenue.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ScheduleOfNetSalesRevenueExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>83
<FILENAME>R64.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189539944">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>26. EXPENSES BY NATURE (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseByNatureAbstract', window );"><strong>Expenses by nature [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfExpensesByNatureTableTextBlock', window );">Schedule of expenses by nature</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: bottom"><td style="width: 49%"><font style="font: 10pt Times New Roman, Times, Serif"><b></b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 16%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Consolidated&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Raw
    materials and inputs</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(6,928,517)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(7,287,933)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(6,759,275)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Labor
    cost</font></td>
    <td style="vertical-align: bottom; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(3,187,428)</font></td>
    <td style="vertical-align: bottom; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,807,280)</font></td>
    <td style="vertical-align: bottom; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,743,460)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Supplies</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,150,452)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,981,547)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,782,576)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Maintenance
    cost (services and materials)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,340,255)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,340,135)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,326,894)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Outsourcing
    services</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,217,657)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,392,626)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,368,387)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Freight</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(216,506)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(334,509)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(109,756)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Distribution
    freight</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,421,079)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,787,979)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,692,785)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Depreciation,
    amortization and depletion</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,421,458)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,421,704)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,175,107)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,750,424)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(763,421)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(905,128)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; font-style: italic; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(21,633,776)</b></font></td>
    <td style="font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(20,117,134)</b></font></td>
    <td style="font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(18,863,368)</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Classified
    as:</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Cost
    of sales</font></td>
    <td style="vertical-align: bottom; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(19,124,901)</font></td>
    <td style="vertical-align: bottom; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(17,263,264)</font></td>
    <td style="vertical-align: bottom; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(16,105,657)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Selling
    expenses</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,004,417)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,342,805)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,263,688)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">General
    and administrative expenses</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(504,458)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(511,065)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(494,023)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; font-style: italic; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(21,633,776)</b></font></td>
    <td style="font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(20,117,134)</b></font></td>
    <td style="font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(18,863,368)</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfDepreciationAmortizationAndDepletionExplanatory', window );">Schedule of depreciation, amortization and depletion</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
depreciation, amortization and depletion additions for the period were distributed as follows.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 44%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 18%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 18%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 18%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Production costs <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,374,046)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,385,306)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,145,793</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Selling expenses</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(13,978)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(11,539)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;5,850</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">General and administrative expenses</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(33,434)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(24,859)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">23,464</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,421,458)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(1,421,704)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,175,107</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other operational <font style="font-weight: 400"><sup>(2)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(95,270)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(97,627)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">97,914</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,516,728)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(1,519,331)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,273,021</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">(1)
The Company&#8217;s iron ore extraction in 2020 started using dry waste filtering and stacking in 100% of its production process.
As a normal consequence of the operation, the use of dams has become obsolete, and consequently, the assets of dams reached the
end of their useful lives on December 31, 2020. As a result of the technical and functional obsolescence of the dams, the book
balance of these assets in their entirety, (R$515,491), was fully depreciated in 2020 and appropriated to the cost of production.
The cost of production includes PIS and COFINS credits on lease agreements on December 31, 2020, in the amount of R$5,335.</font></p>

<p style="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<p style="font: 7pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0cm"><font style="font: 10pt Times New Roman, Times, Serif">(2)
They mainly refer to the depreciation of investment properties, paralyzed equipment and amortization of the SWT Client Portfolio,
see note 27.</font></p><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExpenseByNatureAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExpenseByNatureAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfDepreciationAmortizationAndDepletionExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of expenses by nature .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfDepreciationAmortizationAndDepletionExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfExpensesByNatureTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the net sales revenue .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfExpensesByNatureTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>84
<FILENAME>R65.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186671992">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>27. OTHER OPERATING INCOME AND EXPENSES (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherOperatingInconeAndExpensesAbstarct', window );"><strong>Other Operating Income And Expenses</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfOtherOperatingIncomeExpensesTableTextBlock', window );">Schedule of other operating income (expenses)</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: bottom"><td style="width: 58%"><font style="font: 10pt Times New Roman, Times, Serif"><b></b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 1pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Consolidated&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Other operating
    income</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Receivables
    by indemnity <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;245,945</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">56,180</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">46,256</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Rentals
    and leases</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;9,096</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;9,462</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;5,430</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Dividends
    received</font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,197</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">32,747</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;9,188</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">PIS,
    COFINS and INSS to compensate <font style="font-weight: 400"><sup>(2)</sup></font></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;120,452</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;123,677</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,102,365</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Contractual
    fines</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,783</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,486</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,965</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Actuarial
    pension plan</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">55,695</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">47,151</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20,983</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Updated
    shares &#8211; Fair Value through profit or loss (VJR)&#160;&#160;(Note 14II)</font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">12,579</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,655,813</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Contractual
    agreement <font style="font-weight: 400"><sup>(5)</sup></font></font></td>
    <td style="color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;131,817</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    revenues</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">32,747</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">98,250</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">27,749</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;482,494</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;503,770</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;4,036,043</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;-</b></font></td>
    <td style="font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;-</b></font></td>
    <td style="font-weight: bold; font-style: italic"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;-</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Other operating
    expenses&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Taxes
    and fees</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(46,338)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(95,873)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(26,197)</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Expenses
    with environmental liabilities, net</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">16,151</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(82,669)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(60,311)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Write-off/(Provision)
    of judicial lawsuits</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(130,869)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(19,685)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(113,549)</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Contractual
    fines</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(106,926)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(104,086)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Depreciation
    of equipment paralyzed and amortization of intangible assets (note 26)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(95,270)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(97,627)</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(97,914)</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Write-
    off of PP&#38;E and intangible assets (note 10, 11 and 12)&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(13,130)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(114,603)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(27,260)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Estimated
    (Loss)/reversal in inventories</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(179,012)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(136,827)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(149,704)</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Idleness
    in stocks and paralyzed equipment <font style="font-weight: 400"><sup>(3)</sup></font></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(303,975)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(546,968)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Studies
    and project engineering expenses</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(27,137)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(26,171)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(33,738)</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Research
    and development expenses</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(620)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,741)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(2,688)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Healthcare
    plan expenses</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(117,193)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(119,560)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(108,369)</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Cash
    flow hedge realized (Note 14 b)<font style="font-weight: 400"><sup>(4)</sup></font></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,951,035)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(790,353)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(370,191)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Updated
    shares &#8211; Fair value through profit or loss (Note 14II)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(118,780)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">Other
    expenses</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(421,628)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(149,068)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(218,701)</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(3,270,056)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,406,851)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(1,330,706)</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;Other
    operating income (expenses), net&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,787,562)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(1,903,081)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,705,337</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">1.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In June 2020, the
    Company received R$84,435 of indemnity after a court decision, of which R$58,785 for rent arrears arising from one of its
    investment properties and R$25,650 relating to an action for the collection of insurance for material damage caused by contractor
    in the construction of the long steel plant. Additionally, in June, the principal amount was recognized in the amount of R$147,612
    of receivables for indemnity (see note 9).</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">2.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">In 2020, consist
    of the recovery of INSS credit on benefits granted to employees that should not be considered in the contribution calculation
    basis. In 2019, this is the exclusion of ICMS from the PIS and COFINS calculation basis.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">3.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Refers to the idle
    capacity arisen from production volumes lower than normal it was generated from the refurbishment of the blast furnace No.3
    and in the iron ore mining operation due to delays in the release of environmental licenses, which postponed the start of
    new ore mining fronts, as well as new dry tailing processes still in ramp-up stage.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">4.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As of December 31,
    2020, foreign exchange cash flow hedge was realized and reclassified from Other Comprehensive Income to Other Operating Expenses
    (R$1,667,886), as well as cash flow hedge of PLATTS index (R$283,149), totaling R$1,951,035 of hedge realization in the year.
    See note 14.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-top: 0px; font-size-adjust: none; font-stretch: normal; margin-bottom: 0px; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 0px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="width: 14.2pt"><font style="font: 10pt Times New Roman, Times, Serif">5.</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Referring to the
    contractual agreement signed for the supply of new equipment.</font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherOperatingInconeAndExpensesAbstarct">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent other operating income and expense abstract.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherOperatingInconeAndExpensesAbstarct</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfOtherOperatingIncomeExpensesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of other operating income expenses .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfOtherOperatingIncomeExpensesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>85
<FILENAME>R66.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186604456">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>28. FINANCIAL INCOME (EXPENSES) (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfFinancialIncomeExpensesAbstract', window );"><strong>Financial Income</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfFinancialIncomeExpensesTableTextBlock', window );">Schedule of financial income (expenses)</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: middle"><td style="width: 58%"><font style="font: 10pt Times New Roman, Times, Serif"><b></b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial income</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Related parties (note 22 b)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">51,124</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">79,228</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">64,888</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Income
    from financial investments</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">58,061</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">93,471</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;111,235</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Updated
    shares &#8211; Fair value through profit or loss (Note 14 II) <font style="font-weight: 400"><sup>(1)</sup></font></font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,190,489</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other income (2)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;503,054</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;206,343</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,134,391</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,802,728</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;379,042</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,310,514</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial expenses</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
    and financing - foreign currency (note 13 b)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,600,973)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,128,520)</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(988,821)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Borrowings
    and financing - local currency (note 13 b)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(401,079)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(867,785)</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,020,867)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Related
    parties</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(13,608)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(14,939)</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(16,092)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Lease
    liabilities</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(50,804)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(49,118)</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Capitalised
    interest (notes 11 and 33)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">92,506</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;117,189</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">71,611</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Interest
    and fines</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(290,673)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(158,794)</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(71,100)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">(-)
    Adjustment present value of trade payables</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(139,566)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Commission,
    bank fees, Guarantee and bank fees</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(162,085)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(217,784)</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(182,179)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">PIS/COFINS
    over financial income</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(39,149)</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(25,176)</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(84,404)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other financial expenses</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(270,764)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(217,864)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">19,614</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,876,195)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,562,791)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,272,238)</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>Others
    financial items, net</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Foreign
    exchange and monetary variation, net</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;392,971</font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">47,579</font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(533,918)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Gains and (losses) on exchange derivatives (*)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(115,815)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,986</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;277,156</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>52,565</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(533,919)</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,599,039)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,510,226)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial income
    (expenses), net</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(796,311)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,131,184)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(1,495,643)</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td colspan="3" style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>(*)
    Statement of gains and (losses) on derivative transactions (note 14)</b></font></td>
    <td style="vertical-align: bottom; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Exchange rate
    swap Dollar x Euro&#160;</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(9,070)</font></td>
    <td style="vertical-align: bottom; color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;783</font></td>
    <td style="vertical-align: middle; color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Exchange rate
    swap GBP x Euro&#160;</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(602)</font></td>
    <td style="vertical-align: bottom; color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Exchange rate
    swap CDI x Dollar&#160;</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(106,143)</font></td>
    <td style="vertical-align: bottom; color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,203</font></td>
    <td style="vertical-align: middle; color: red; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(115,815)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;4,986</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(1)</b></font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif"></font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(1)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">It refers to the
    appreciation of Usiminas&#8217; shares in the amount of R$1,190,489 as of December31, 2020. As of December 31, 2019, Usiminas&#8217;
    shares were reclassified to financial investments and their pricing fluctuation started to be recognized in the financial
    result.</font></td></tr>
</table>

<p style="margin-top: 0; margin-bottom: 0"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>
<table cellspacing="0" cellpadding="0" style="font: 7pt/115% Arial; margin-bottom: 0px; margin-top: 0px; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: top">
    <td style="width: 18pt"><font style="font: 10pt/115% Times New Roman, Times, Serif">(2)</font></td>
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">It mainly refers
    to the recognition of the exclusion of ICMS in the PIS and COFINS calculation base in the amount of R$81,758 on December 31,
    2020 (R$160,609 on December 31, 2019) in the Consolidated, and updating in the amount of R$369,571 of receivables for indemnity
    (see note 9).</font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfFinancialIncomeExpensesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfFinancialIncomeExpensesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfFinancialIncomeExpensesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of financial income expenses .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfFinancialIncomeExpensesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>86
<FILENAME>R67.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026195949192">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>29. SEGMENT INFORMATION (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsAbstract', window );"><strong>Disclosure of operating segments [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfConsolidatedSegmentResultsTableTextBlock', window );">Schedule of consolidated results</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">For purposes of reconciliation of the consolidated result, the amounts recorded
by these companies are not included in the "Corporate expenses/elimination" column.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="border-bottom: black 0.5pt solid; width: 28%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>P&#38;L</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Steel</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Mining&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Logistics</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Energy</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cement</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><p style="margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Corporate</b></font></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>expenses/&#160;</b></font></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>elimination&#160;</b></font></p></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Port</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Railroads</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Net revenue (note 25)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;16,602,895</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;12,683,231</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">256,371</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,489,647</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;172,859</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;858,192</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,999,175)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;30,064,020</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Cost of sales and services (note 26)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(14,170,692)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(5,531,763)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(187,860)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,094,130)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(128,227)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(647,132)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,634,903</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(19,124,901)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Gross profit</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,432,203</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>7,151,468</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;68,511</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>395,517</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>44,632</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;211,060</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;635,728</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;10,939,119</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">General and administrative expenses (note 26)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(922,862)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(179,806)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(21,949)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(114,970)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(30,243)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(88,232)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,150,813)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(2,508,875)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other operating (income) expenses, net (note
    27)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(392,061)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(665,881)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(5,420)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;52,569</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(2,967)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(44,893)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,728,909)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(2,787,562)</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Equity in results of affiliated companies (note
    10)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">71,755</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;71,755</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Operating result
    before Financial Income and Taxes</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,117,280</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>6,305,781</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;41,142</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>333,116</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>11,422</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>77,935</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,172,239)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,714,437</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sales
    by geographic area</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Asia</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,461,791</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,144,614</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,606,405</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">North America</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">922,299</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">922,299</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Latin America</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">327,900</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;995</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">328,895</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Europe</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,627,011</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,688,851</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,315,862</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,346</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,346</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Foreign market</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,881,556</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;11,150,642</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;995</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,144,614</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;17,177,807</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Domestic market</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;11,721,339</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,532,589</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>256,371</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,489,647</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;172,859</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;857,197</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(3,143,789)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;12,886,213</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;16,602,895</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;12,683,231</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>256,371</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,489,647</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;172,859</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;858,192</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(1,999,175)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;30,064,020</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>P&#38;L</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Steel</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Mining&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Logistics</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Energy</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cement</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><p style="margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Corporate</b></font></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>expenses/</b></font></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>elimination</b></font></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"></p></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Port</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Railroads</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Net revenue (note 25)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;13,949,032</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;10,027,649</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">240,451</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,321,355</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;325,343</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;570,805</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(998,218)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;25,436,417</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Cost of sales and services (note 26)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(12,962,861)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(4,396,247)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(173,344)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,030,210)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(266,754)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(607,719)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,173,871</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(17,263,264)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Gross profit</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>986,171</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,631,402</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;67,107</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>291,145</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>58,589</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(36,914)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,175,653</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>8,173,153</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">General and administrative expenses (note 26)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(834,977)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(186,189)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(34,560)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(109,770)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(29,034)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(91,466)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,567,874)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(2,853,870)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other operating (income) expenses, net (note
    27)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,055,190)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(218,009)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(3,860)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">147,155</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,486)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(40,630)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(731,061)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,903,081)</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Equity in results of affiliated companies (note
    10)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;125,715</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">125,715</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td colspan="2" style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Operating
    result before Financial Income and Taxes</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(903,996)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,227,204</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;28,687</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>328,530</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>28,069</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(169,010)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(997,567)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,541,917</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sales
    by geographic area</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Asia</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,980</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6,742,946</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,463,870</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">8,209,796</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">North America</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">767,977</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">767,977</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Latin America</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">169,036</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">169,036</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Europe</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,978,994</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,357,867</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,336,861</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,046</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,046</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Foreign market</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,921,033</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>9,100,813</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,463,870</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;14,485,716</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Domestic market</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;10,027,999</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>926,836</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>240,451</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,321,355</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;325,343</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;570,805</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,462,088)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;10,950,701</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;13,949,032</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;10,027,649</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>240,451</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,321,355</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;325,343</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;570,805</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(998,218)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;25,436,417</b></font></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>
<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 28%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 8%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr>
    <td rowspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>P&#38;L</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Steel</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Mining&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Logistics</b></font></td>
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top-color: black; vertical-align: middle; font-weight: bold; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Energy</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Cement</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: bottom; font-weight: bold; text-align: center; border-top-width: 0.5pt"><p style="margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Corporate&#160;</b></font></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>expenses/&#160;</b></font></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>elimination</b></font></p>
        <p style="margin-top: 0pt; margin-bottom: 0pt"></p></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td rowspan="2" style="border-bottom: black 0.5pt solid; border-top-color: black; vertical-align: middle; font-weight: bold; text-align: center; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Port</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Railroads</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Net revenue (note 25)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;15,634,143</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,984,781</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">266,378</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,506,114</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;410,606</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;588,230</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,421,366)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;22,968,887</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Cost of sales and services (note 26)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(12,613,216)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(3,585,691)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(189,999)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,049,071)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(286,734)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(544,266)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,163,321</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(16,105,656)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Gross profit</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,020,927</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,399,091</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;76,378</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>457,043</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;123,872</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>43,965</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;741,956</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>6,863,231</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">General and administrative expenses (note 26)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(984,980)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(144,754)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(35,423)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(106,412)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(27,948)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(95,893)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(1,362,302)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(2,757,711)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Other operating (income) expenses, net (note
    27)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,993,790</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(222,957)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,469)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(34,911)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(387)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;299</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;971,970</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,705,335</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Equity in results of affiliated companies (note
    10)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;135,706</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">135,706</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td colspan="2" style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Operating
    result before Financial Income and Taxes</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>4,029,736</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>2,031,379</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;38,486</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>315,721</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>95,537</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(51,628)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;487,330</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>6,946,561</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sales
    by geographic area</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Asia</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;40,681</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4,422,377</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,297,258</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,760,316</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">North America</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,506,041</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,506,041</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Latin America</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">369,830</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">369,830</font></td></tr>
<tr style="vertical-align: middle">
    <td style="text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Europe</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,330,991</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">590,043</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,921,034</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;58,229</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-bottom: black 0.5pt solid; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;58,229</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Foreign market</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,305,771</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,012,420</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;1,297,258</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;11,615,450</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Domestic market</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;10,328,372</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>972,360</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>266,378</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,506,114</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;410,606</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;588,230</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(2,718,623)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;11,353,437</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;15,634,143</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>5,984,781</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>266,378</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,506,114</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;410,606</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;588,230</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(1,421,366)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;22,968,887</b></font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOperatingSegmentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOperatingSegmentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfConsolidatedSegmentResultsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of consolidated segment results .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfConsolidatedSegmentResultsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>87
<FILENAME>R68.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186425704">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansAbstract', window );"><strong>Disclosure of defined benefit plans [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfActuarialEmployeeBenefitAssetsAndLiabilitiesTableTextBlock', window );">Schedule of actuarial employee benefit assets and liabilities</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
actuarial calculations are updated, at the end of each year, by external actuaries and presented in the financial statements in
accordance with IAS 19 - <i>Employee Benefits</i>.</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 57%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Actuarial
    asset</b></font></td>
    <td style="font-size: 10pt; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Actuarial
    liabilities</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Benefits of pension
    plans&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(13,819)</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(13,714)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;79,546</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;19,788</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Post-employment
    healthcare benefits</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: bottom; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;-</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;678,880</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;892,396</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(13,819)</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(13,714)</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;758,426</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;912,184</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfReconciliationOfEmployeeBenefitsAssetsAndLiabilitiesTableTextBlock', window );">Schedule of reconciliation of employee benefits' assets and liabilities</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
reconciliation of assets and liabilities of employee benefits is presented below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 65%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Present value of defined benefit obligation</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,645,822</font></td>
    <td style="color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">3,581,460</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">3,087,433</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Fair value of
    plan assets</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(3,766,194)</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(3,894,488)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(3,403,906)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Deficit(Surplus)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>(120,372)</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(313,028)</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(316,473)</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Restriction to actuarial assets due to recovery
    limitation</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;186,099</font></td>
    <td style="color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">319,102</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">224,561</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Liabilities (Assets),
    net</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;65,727</b></font></td>
    <td style="font-weight: bold; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;6,074</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(91,912)</b></font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Liabilities</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;79,546</font></td>
    <td style="vertical-align: middle; font-weight: bold; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;19,788</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;7,982</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Assets</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(13,819)</font></td>
    <td style="vertical-align: middle; font-weight: bold; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(13,714)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(99,894)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Net (assets) recognized
    in the balance sheet</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;65,727</b></font></td>
    <td style="font-weight: bold; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;6,074</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(91,912)</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfChangesInPresentValueOfDefinedBenefitObligationTableTextBlock', window );">Schedule of defined benefit obligation</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
change in the present value of the defined benefit obligation is shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 63%; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Present value of
    obligations at the beginning of the year</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,581,460</b></font></td>
    <td style="color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,087,433</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,077,849</b></font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Cost of service</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">968</font></td>
    <td style="vertical-align: bottom; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,093</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,169</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Interest cost</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;236,551</font></td>
    <td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">283,487</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">304,132</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Participant contributions
    made in the period</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">1,998</font></td>
    <td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;2,126</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Benefits paid</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(278,960)</font></td>
    <td style="color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(269,995)</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(280,493)</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Actuarial loss/(gain)</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;103,805</font></td>
    <td style="color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">477,316</font></td>
    <td style="text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(15,224)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Present value of
    obligations at the end of the year</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>3,645,822</b></font></td>
    <td style="font-weight: bold; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,581,460</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;3,087,433</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfChangesInFairValueOfPlanAssetsTableTextBlock', window );">Schedule of changes in fair value of the plan assets</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: middle"><td colspan="6" style="font: 9pt/115% Arial, Helvetica, Sans-Serif; text-align: justify; font-size-adjust: none; font-stretch: normal"><font style="font: 10pt Times New Roman, Times, Serif">The
    change in the fair value of the plan&#8217;s assets is shown below:</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair value of plan
    assets at the beginning of the year</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(3,894,488)</b></font></td>
    <td style="font-weight: bold; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(3,403,906)</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(3,305,356)</b></font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Interest income</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(257,946)</font></td>
    <td style="vertical-align: bottom; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(314,102)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(327,830)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Benefits Paid</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;278,960</font></td>
    <td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">269,995</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">280,493</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Participant contributions
    made in the period</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(1,998)</font></td>
    <td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(2,127)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Return on plan
    assets (less interest income)</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;109,279</font></td>
    <td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(444,348)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(51,213)</font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Fair value of plan
    assets at the end of the year</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;(3,766,193)</b></font></td>
    <td style="color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(3,894,488)</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>(3,403,906)</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfEmployeeBenefitsRecognizedInIncomeStatementTableTextBlock', window );">Schedule of employee benefits recognized in the income statement</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td colspan="6" style="text-align: justify; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">The
    composition of the amounts recognized in the income statement is shown below:</font></td>
</tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
</tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td>
</tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td>
</tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Cost of current
    service</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">968</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,093</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,169</font></td>
</tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Interest cost</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;236,551</font></td>
    <td style="vertical-align: bottom; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">283,487</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">304,132</font></td>
</tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Expected return
    on plan assets</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(257,946)</font></td>
    <td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(314,102)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(327,830)</font></td>
</tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Interest on the
    asset ceiling effect</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;21,737</font></td>
    <td style="vertical-align: middle; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;21,502</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;16,340</font></td>
</tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total costs / (income),
    net</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>1,310</b></font></td>
    <td style="font-weight: bold; color: white; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(8,020)</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>(6,189)</b></font></td>
</tr>
</table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfChangesInActuarialGainsAndLossesTableTextBlock', window );">Schedule of actuarial gains and losses</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: bottom"><td colspan="6" style="text-align: justify; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">The
    movement of actuarial gains and losses is shown below:</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Actuarial losses and (gains)</font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>103,805</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;477,316</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(15,224)</b></font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Return on plan
    assets (less interest income)</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;109,279</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(444,348)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(51,213)</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Change in the
    asset&#8217;s limit (excluding interest income)</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(154,741)</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;73,039</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;50,058</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total cost of actuarial
    losses and (gains)</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;58,343</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;106,007</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(16,379)</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfBreakdownOfActuarialGainsOrLossesTableTextBlock', window );">Schedule of breakdown of actuarial gains or losses</a></td>
<td class="text"><table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%"><tr style="vertical-align: middle"><td colspan="6" style="text-align: justify; line-height: 115%"><font style="font: 10pt Times New Roman, Times, Serif">The
    breakdown of actuarial gains and losses is shown below:</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="vertical-align: middle; color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Loss due to change
    in demographic assumptions</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;67,930</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;-</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(139,813)</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Loss due to change
    in financial assumptions&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(30,454)</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">472,715</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;46,917</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Loss due to experience
    adjustments</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;66,329</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;4,601</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;77,672</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Return on plan
    assets (less interest income)</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;109,279</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(444,348)</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(51,213)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Change in the
    asset&#8217;s limit (excluding interest income)</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">(154,741)</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;73,039</font></td>
    <td style="vertical-align: bottom; text-align: left; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;50,058</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Actuarial losses and (gains)</font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;58,343</b></font></td>
    <td style="font-weight: bold; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;106,007</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;(16,379)</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfActuarialAssumptionsUsedTableTextBlock', window );">Schedule of actuarial assumptions used</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
main actuarial assumptions used were as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 28%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 37%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 34%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Actuarial financing
    method</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Projected
    unit credit</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Projected
    unit credit</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Functional currency</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Real
    (R$)</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Real
    (R$)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Recognition of
    plan assets</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Fair
    value</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Fair
    value</font></td></tr>
<tr>
    <td rowspan="2" style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Nominal
    discount rate</font></td>
    <td rowspan="2" style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Millennium
    Plan: 6,95%<br />Plan 35%: 6,24%<br />Supplementation : 6,44%</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td rowspan="2" style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Millennium
    Plan: 6,98%<br />Plan 35%: 6,75%<br />Supplementation: 6,81%</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Inflation rate</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.32%</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.61%</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Nominal salary
    increase rate</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">4.35%</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">4.65%</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Nominal benefit
    increase rate</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.32%</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">3.61%</font></td></tr>
<tr>
    <td rowspan="2" style="vertical-align: middle; text-align: left"><font style="font: 10pt Times New Roman, Times, Serif">Rate
    of return on investments</font></td>
    <td rowspan="2" style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Millennium
    Plan: 6,95%<br />Plan 35%: 6,24%<br />Supplementation : 6,44%</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td rowspan="2" style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Millennium
    Plan: 6,98%<br />Plan 35%: 6,75%<br />Supplementation: 6,81%</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">General mortality
    table</font></td>
    <td style="vertical-align: middle; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Millennium
    Plan: AT-2012 segregated by gender<br />Plan 35%: AT-2000 Male aggravated by 15%<br />Supplementation: AT-2000 aggravated
    by 10% segregated by gender</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Millennium
    Plan: AT-2000 smoothed down by 10% segregated by gender<br />Plan 35%: AT-2000 Male aggravated by 15%<br />Supplementation:
    AT-2000 aggravated by 10% segregated by gender</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Disability table</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">35%
    Plan Light Medium. <br />Millenium Plan: Prudential (-10%)&#160;Supplementation: not applicable</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">35%
    Plan and Supplementation: Light Medium. Millenium Plan:<br />Prudential (Ferr. Retirement)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Disability mortality
    table</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Millenium
    Plan: AT-71<br />35% Plan : MI-2006 -10% M&#38;F&#160;Supplementation: Winklevoss -10%</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;Winklevoss
    - 1%&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Turnover table</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Millenium
    plan 5% per annum, zero for plans 35% and Supplementation</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">Millenium
    plan 5% per annum, zero for plans 35% and Supplementation</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Retirement age</font></td>
    <td style="vertical-align: middle; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;100%
    on the first date he/she becomes eligible for programmed retirement benefit under the plan&#160;</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;100%
    on the first date he/she becomes eligible for programmed retirement benefit under the plan&#160;</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Household of
    active participants</font></td>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;95%
    will be married at the time of retirement, with the wife being 4 years younger than the husband&#160;</font></td>
    <td style="vertical-align: bottom; color: white"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;95%
    will be married at the time of retirement, with the wife being 4 years younger than the husband&#160;</font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfAverageLifeExpectancyTableTextBlock', window );">Schedule of average life expectancy</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">These tables translate into
an average life expectancy in years for employees aged 65 and 40:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Plan
    covering 35% of the average salary</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="2" style="border-top: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Average
    salary supplementation plan</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="2" style="border-top: black 1pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Mixed
    supplementary benefit plan (Mil&#234;nio Plan)&#160;</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 47%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Longevity
    at age of 65 for current participants</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 10%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 11%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="width: 1%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 6%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Male</font></td>
    <td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">18.38</font></td>
    <td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top-color: black; text-align: right; border-top-width: 0.5pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;18.38</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;18.75</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">18.75</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">21.47</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20.45</font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">Female</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">18.38</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;18.38</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;21.41</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">21.41</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">23.34</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">23.02</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Longevity at age
    of 40 for current participants</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Male</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">40.15</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;40.15</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;40.60</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">40.60</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">44.07</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">42.70</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Female</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">40.15</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;40.15</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;44.41</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">44.41</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">46.68</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">46.28</font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfAllocationOfPlanAssetsTableTextBlock', window );">Schedule of allocation of plan assets</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Allocation
of plan assets:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 32%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: middle; color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 1%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Variable income</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;54,285</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1.44%</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;25,236</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.65%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;141,705</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.16%</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Fixed income</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,438,735</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">91.31%</font></td>
    <td style="vertical-align: bottom; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,607,398</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">92.63%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,050,099</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">89.61%</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Real estate</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;182,145</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.84%</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;183,098</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.70%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;52,091</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1.53%</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Others</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;91,028</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2.42%</font></td>
    <td style="vertical-align: middle; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;78,756</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2.02%</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;160,011</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.70%</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,766,193</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>100.00%</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; color: white; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,894,488</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>100.00%</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: bottom; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,403,906</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>100.00%</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPensionPlansTableTextBlock', window );">Schedule of quantitative sensitivity analysis regarding the significant assumptions for the pension plans</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
quantitative sensitivity analysis in relation to significant assumptions, for pension plans on December 31, 2020 is shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 49%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 8%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="border-top: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Plan
    covering 35% of the average salary</b></font></td>
    <td style="border-top: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Average
    salary supplementation plan</b></font></td>
    <td style="border-top: black 0.5pt solid"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Mixed
    supplementary benefit plan (Mil&#234;nio Plan)&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assumption: Discount
    rate</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity level</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on current service cost and on interest on actuarial obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,005)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,084</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(5,507)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;5,954</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(4,758)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;5,309</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on present value of obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">17,381</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(16,114)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">92,456</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(85,515)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">76,188</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(68,287)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assumption: Salary
    growth</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity level</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on current service cost and on interest on actuarial obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;191</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(181)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on present value of obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,079</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,030)</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assumption: Mortality
    table</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity level</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on current service cost and on interest on actuarial obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;120</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(120)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;623</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(623)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;430</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(430)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on present value of obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,928</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,928)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;9,669</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(9,669)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;5,975</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(5,975)</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assumption: Benefit
    adjustment</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity level</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">+1 year</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">- 1 year</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">+1 year</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">- 1 year</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">+1 year</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">- 1 year</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on current service cost and on interest on actuarial obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;850</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(839)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,382</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(4,362)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,562</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,541)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on present value of obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13,626</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(13,455)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">68,039</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(67,726)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">22,603</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(22,306)</font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfForecastBenefitPaymentsOfDefinedBenefitPlansTableTextBlock', window );">Schedule of forecast benefit payments of the defined benefit plans</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Following
are the expected benefits for future years for defined benefit plans:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 53%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Forecast
    payments</b></font></td>
    <td style="width: 23%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 23%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Year 1</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;281,314</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Year 2</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;272,801</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Year 3</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;266,342</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Year 4</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;259,595</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Year 5</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;252,578</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Next 5 years</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,137,146</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    forecast payments</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,469,776</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfPostEmploymentHealthCarePlanAmountsTableTextBlock', window );">Schedule of post-employment health care plan amounts</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
amounts recognized in the balance sheet were determined as follows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 65%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 17%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 17%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Present value of obligations</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;678,880</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;892,396</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Liabilities</font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;678,880</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;892,396</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfReconciliationOfHealthcareLiabilitiesTableTextBlock', window );">Schedule of reconciliation of the healthcare liabilities</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
reconciliation of health benefit liabilities is presented below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 65%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 17%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 17%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Actuarial liability at the beginning of the
    year</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;892,396</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;897,137</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Expenses recognized in income for the year</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">57,731</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">69,907</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Sponsor&#8217;s contributions transferred in
    prior year</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(81,340)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(82,081)</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Recognition of actuarial loss/(gain)&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(189,907)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;7,433</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Actuarial
    liability at the end of the year&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>678,880</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right; padding-left: 12px"><font style="font: 10pt Times New Roman, Times, Serif"><b>892,396</b></font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfActuarialGainsAndLossesRecognizedInShareholdersEquityTableTextBlock', window );">Schedule of actuarial gains and losses recognized in shareholders' equity</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
actuarial gains and losses recognized in equity are shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 53%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="width: 1%; vertical-align: middle; color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 15%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Gain/(loss) recognized in shareholders' equity&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;(189,907)</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;7,433</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">16,237</font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfWeightedAverageLifeExpectancyTableTextBlock', window );">Schedule of weighted average life expectancy</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Below
is the weighted average life expectancy based on the mortality table used to determine the actuarial obligations:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 65%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 13%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="width: 1%; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 10%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Longevity
    at age of 65 for current participants</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Male</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20.24</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;20.24</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;19.55</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Female</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">20.24</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;20.24</font></td>
    <td style="font-size: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;22.17</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Longevity at age
    of 40 for current participants</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-size: 10pt"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Male</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">42.74</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;42.74</font></td>
    <td style="font-size: 10pt; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;41.59</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Female</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">42.74</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;42.74</font></td>
    <td style="font-size: 10pt"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;45.30</font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfActuarialAssumptionsUsedForCalculatingPostEmploymentHealthcareBenefitsTableTextBlock', window );">Schedule of actuarial assumptions used for calculating postemployment healthcare benefits</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
actuarial assumptions used to calculate post-employment health benefits were:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr>
    <td style="width: 53%; vertical-align: bottom; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="width: 1%; vertical-align: bottom; font-weight: bold; background-color: white"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 23%; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Biometric and Demographic</b></font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="color: red"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif">General mortality table</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">AT 2000 segregated
    by gender</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">AT 2000 segregated
    by gender</font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: center"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Financial</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: middle; font-weight: bold; color: red; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Actuarial nominal discount rate</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6.53%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6.78%</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Inflation</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3.32%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3.61%</font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Real increase in medical costs based on age
    (Aging Factor)&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0,5% - 3,00% real
    per year</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0,5% - 3,00% real
    per year</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Nominal increase medical costs growth rate&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">4.10%</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">6.98%</font></td></tr>
<tr style="vertical-align: bottom; background-color: white">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Average medical cost (Claim cost)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;913.00</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;1,319.36</font></td></tr></table><span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPostEmploymentHealthcarePlansTableTextBlock', window );">Schedule of quantitative sensitivity analysis regarding the significant assumptions for the postemployment healthcare plans</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
quantitative sensitivity analysis for significant assumptions for the post-employment health benefit as of December 31, 2020 is
shown below:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 65%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 17%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 17%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td></tr>
<tr>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="2" style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Healthcare
    Plan</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="2" style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assumption:
    Discount rate</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity level</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0.5%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-0.5%</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on current service cost and on interest on actuarial obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,216</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(1,339)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on present value of obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(30,300)</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">33,447</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="2" style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assumption:
    Medical Inflation</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity level</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1.0%</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-1.0%</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on current service cost and on interest on actuarial obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;4,749</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(3,978)</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on present value of obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">72,688</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(60,887)</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="2" style="font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Assumption:
    Benefit adjustment</b></font></td></tr>
<tr style="vertical-align: middle">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Sensitivity level</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">+1 year</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">- 1 year</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on current service cost and on interest on actuarial obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;3,123</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">(2,925)</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: left; padding-left: 24px"><font style="font: 10pt Times New Roman, Times, Serif">Effect
    on present value of obligations</font></td>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">47,797</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(44,768)</font></td></tr></table><span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfForecastBenefitPaymentsOfPostEmploymentHealthcarePlansTableTextBlock', window );">Schedule of forecast benefit payments of the postemployment healthcare plans</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Following
are the expected benefits for future exercises for post-employment health benefit plans:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: middle">
    <td style="width: 53%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Forecast
    benefit payments</b></font></td>
    <td style="width: 23%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 23%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Year 1</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">60,143</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Year 2</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">58,312</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Year 3</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">56,323</font></td></tr>
<tr>
    <td style="vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif">Year 4</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">54,177</font></td></tr>
<tr style="vertical-align: middle; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Year 5</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">51,892</font></td></tr>
<tr style="vertical-align: middle">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Next 5 years</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;221,734</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total
    forecast payments</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;502,581</b></font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfActuarialAssumptionsUsedForCalculatingPostEmploymentHealthcareBenefitsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of actuarial assumptions used for calculating post employment healthcare benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfActuarialAssumptionsUsedForCalculatingPostEmploymentHealthcareBenefitsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfActuarialAssumptionsUsedTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of actuarial assumptions used .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfActuarialAssumptionsUsedTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfActuarialEmployeeBenefitAssetsAndLiabilitiesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of actuarial employee benefit assets and liabilities .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfActuarialEmployeeBenefitAssetsAndLiabilitiesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfActuarialGainsAndLossesRecognizedInShareholdersEquityTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of actuarial gains and losses recognized in shareholders equity .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfActuarialGainsAndLossesRecognizedInShareholdersEquityTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfAllocationOfPlanAssetsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of allocation of plan assets .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfAllocationOfPlanAssetsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfAverageLifeExpectancyTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of average life expectancy .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfAverageLifeExpectancyTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfBreakdownOfActuarialGainsOrLossesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of breakdown of actuarial gains or losses .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfBreakdownOfActuarialGainsOrLossesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfChangesInActuarialGainsAndLossesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of changes in actuarial gains and losses .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfChangesInActuarialGainsAndLossesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfChangesInFairValueOfPlanAssetsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of changes in fair value of plan assets .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfChangesInFairValueOfPlanAssetsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfChangesInPresentValueOfDefinedBenefitObligationTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of changes in present value of defined benefit obligation .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfChangesInPresentValueOfDefinedBenefitObligationTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfEmployeeBenefitsRecognizedInIncomeStatementTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of employee benefits recognized in income statement .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfEmployeeBenefitsRecognizedInIncomeStatementTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfForecastBenefitPaymentsOfDefinedBenefitPlansTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of forecast benefit payments of defined benefit plans .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfForecastBenefitPaymentsOfDefinedBenefitPlansTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfForecastBenefitPaymentsOfPostEmploymentHealthcarePlansTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of forecast benefit payments of post employment healthcare plans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfForecastBenefitPaymentsOfPostEmploymentHealthcarePlansTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfPostEmploymentHealthCarePlanAmountsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of post employment health care plan amounts .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfPostEmploymentHealthCarePlanAmountsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPensionPlansTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of quantitative sensitivity analysis regarding significant assumptions for pension plans .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPensionPlansTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPostEmploymentHealthcarePlansTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of quantitative sensitivity analysis regarding significant assumptions for post employment healthcare plans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfQuantitativeSensitivityAnalysisRegardingSignificantAssumptionsForPostEmploymentHealthcarePlansTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfReconciliationOfEmployeeBenefitsAssetsAndLiabilitiesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of reconciliation of employee benefits assets and liabilities .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfReconciliationOfEmployeeBenefitsAssetsAndLiabilitiesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfReconciliationOfHealthcareLiabilitiesTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of reconciliation of healthcare liabilities .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfReconciliationOfHealthcareLiabilitiesTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfWeightedAverageLifeExpectancyTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of weighted average life expectancy .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfWeightedAverageLifeExpectancyTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>88
<FILENAME>R69.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026195949192">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>31. COMMITMENTS (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsAbstract', window );"><strong>Commitments</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfTakeOrPayContractsTableTextBlock', window );">Schedule of take-or-pay contracts</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">As
of December 31, 2020 and 2019, the Company <font style="line-height: 115%">was a party to take-or-pay contracts as shown in the
following table</font>:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 9pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td colspan="3" style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Payments
    in the period</b></font></td>
    <td style="font-weight: bold; color: red"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td></tr>
<tr>
    <td style="border-bottom: black 0.5pt solid; width: 47%; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Type
    of service</b></font></td>
    <td style="width: 1%; vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2019</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 8%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2020</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; color: red; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2021</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2022</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>2023</b></font></td>
    <td style="width: 1%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>After
    2023</b></font></td>
    <td style="width: 1%; vertical-align: middle; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-bottom: black 0.5pt solid; width: 6%; vertical-align: middle; font-weight: bold; text-align: center"><font style="font: 10pt Times New Roman, Times, Serif"><b>Total</b></font></td></tr>
<tr style="vertical-align: bottom">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Transportation
    of iron ore, coal, coke, steel products, cement and mining products.</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,555,398</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">946,865</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,195,158</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,195,508</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,195,508</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">3,476,220</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,062,394</font></td></tr>
<tr>
    <td style="vertical-align: bottom; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Supply
    of power, natural gas, oxygen, nitrogen, argon and iron ore pellets.</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">959,362</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,044,380</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">674,378</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">28,530</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">24,779</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">191,284</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">918,971</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Processing
    of slag generated during pig iron and steel production.</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">56,024</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">75,863</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">13,240</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">9,298</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">2,652</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">0</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">25,190</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Manufacturing,
    repair, recovery and production of ingot casting machine units.</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,930</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">7,674</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">480</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">480</font></td></tr>
<tr style="background-color: rgb(220,230,241)">
    <td style="vertical-align: middle; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Oil
    Storage and Handling</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">-</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,900</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,608</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,608</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">1,608</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">402</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">5,226</font></td></tr>
<tr>
    <td style="vertical-align: middle; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">Labor
    and consultancy services</font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">27,002</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">32,279</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">28,428</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">27,380</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">27,380</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">191,657</font></td>
    <td style="vertical-align: bottom; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="vertical-align: middle; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">274,845</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td style="text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,603,716</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;2,108,961</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,913,292</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,262,324</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;1,251,927</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;3,859,563</b></font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;8,287,106</b></font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfCommitmentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfCommitmentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfTakeOrPayContractsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of take or pay contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfTakeOrPayContractsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>89
<FILENAME>R70.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026231148056">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>33. ADDITIONAL INFORMATION TO CASH FLOWS  (Tables)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionalInformationToCashFlowsAbstract', window );"><strong>Additional Information To Cash Flows [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SummaryOfAdditionalInformationRelatedToStatementOfCashFlowsTableTextBlock', window );">Schedule of additional information related to statement of cash flows</a></td>
<td class="text"><p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">The
following table presents additional information on transactions related to the statement of cash flows:</font></p>

<p style="font: 9pt/115% Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></p>

<table cellspacing="0" cellpadding="0" border="0" style="font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; font-size-adjust: none; font-stretch: normal; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 59%; font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 13%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 1%"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="width: 13%; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>Consolidated</b></font></td></tr>
<tr>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2020</b></font></td>
    <td style="border-top: black 0.5pt solid; vertical-align: middle"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2019</b></font></td>
    <td style="vertical-align: bottom"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; vertical-align: middle; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>12/31/2018</b></font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Income tax and social contribution paid&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;542,877</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;1,167,419</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;336,962</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Addition to PP&#38;E with interest capitalization
    (notes 11 and 28)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;92,506</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;117,189</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;71,611</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Initial adoption IFRS16 &#8211; Right of use</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;640,989</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Remeasurement and addition &#8211; Right of
    use (note 11 a)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;109,993</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;(151,558)</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Addition to PP&#38;E without adding cash</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;30,345</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;278,213</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;10,792</font></td></tr>
<tr style="vertical-align: bottom">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Capitalization in subsidiaries without cash</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;&#160;104,809</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom; background-color: rgb(220,230,241)">
    <td><font style="font: 10pt Times New Roman, Times, Serif">Addition to investment property without cash
    effect</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;61,597</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td>
    <td style="text-align: right"><font style="font: 10pt Times New Roman, Times, Serif">&#160;</font></td></tr>
<tr style="vertical-align: bottom">
    <td style="font-weight: bold"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;942,127</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;2,052,252</b></font></td>
    <td style="font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></font></td>
    <td style="border-top: black 0.5pt solid; border-bottom: black 2pt double; font-weight: bold; text-align: right"><font style="font: 10pt Times New Roman, Times, Serif"><b>&#160;&#160;419,365</b></font></td></tr></table><span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdditionalInformationToCashFlowsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdditionalInformationToCashFlowsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SummaryOfAdditionalInformationRelatedToStatementOfCashFlowsTableTextBlock">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Schedule disclosing information related to the summary of additional information related to statement of cash flows .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SummaryOfAdditionalInformationRelatedToStatementOfCashFlowsTableTextBlock</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>nonnum:textBlockItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>90
<FILENAME>R71.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191707480">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>1. DESCRIPTION OF BUSINESS (Details Narrative)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$) </div>
<div>Numnber</div>
</th>
<th class="th">
<div>Dec. 31, 2019 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2018 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfBusinessLineItems', window );"><strong>DescriptionOfBusinessLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NumberOfOperatingActivities', window );">Number of operating activities | Numnber</a></td>
<td class="nump">5<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod', window );">Investments on mining</a></td>
<td class="nump">R$ 3,535,906<span></span>
</td>
<td class="nump">R$ 3,482,974<span></span>
</td>
<td class="nump">R$ 5,630,613<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SelfSufficientInstalledCapacity', window );">Self-sufficient installed capacity | Numnber</a></td>
<td class="nump">9,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities', window );">Repayments of borrowings</a></td>
<td class="nump">R$ 6,448,658<span></span>
</td>
<td class="nump">R$ 11,775,093<span></span>
</td>
<td class="nump">R$ 5,019,978<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfProductionProcess', window );">Description of production process</a></td>
<td class="text">As a pioneer in the use of technologies that result in the possibility of stacking the tailings generated in the iron ore production process, the Company has had its iron ore production since January 2020, 100% independent of tailings dams. After significant investments in recent years to raise the level of reliability, mischaracterization and dry stacking, the Company has moved on to a scenario in which 100% of its waste goes through a dry filtration process and is disposed of in geotechnically controlled batteries, areas exclusively destined for stacking. Approximately R$250 million was invested in the two tailings filtration plants that have a combined total filtration capacity of 9 million tons per year.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingMaturity', window );">Borrowings, maturity</a></td>
<td class="text">within a period of 12 months<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_Liquidity', window );">Liquidity</a></td>
<td class="nump">R$ 4,155,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=sid_EventsAfterReportingPeriodMember', window );">Events After Reporting Period [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfBusinessLineItems', window );"><strong>DescriptionOfBusinessLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AmortizationOfLoansAndFinancing', window );">Amortization of loans and financing</a></td>
<td class="nump">4,200,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities', window );">Repayments of borrowings</a></td>
<td class="nump">8,400,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MiningPropertyMember', window );">Mining Property [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfBusinessLineItems', window );"><strong>DescriptionOfBusinessLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod', window );">Investments on mining</a></td>
<td class="nump">R$ 250,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_CementMember', window );">Cement [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfBusinessLineItems', window );"><strong>DescriptionOfBusinessLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SelfSufficientInstalledCapacity', window );">Self-sufficient installed capacity | Numnber</a></td>
<td class="nump">4,700<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of investments other than investments accounted for using the equity method. [Refer: Investments accounted for using equity method]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to settle borrowings, classified as financing activities. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 17<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_17_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AmortizationOfLoansAndFinancing">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of amortization expense attributable to loans and financing.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AmortizationOfLoansAndFinancing</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BorrowingMaturity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent borrowing maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BorrowingMaturity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DescriptionOfBusinessLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DescriptionOfBusinessLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DescriptionOfProductionProcess">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the description of production process.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DescriptionOfProductionProcess</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_Liquidity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liquidity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_Liquidity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_NumberOfOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents number of number of operating activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_NumberOfOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SelfSufficientInstalledCapacity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to self sufficient installed capacity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SelfSufficientInstalledCapacity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:integerItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=sid_EventsAfterReportingPeriodMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=sid_EventsAfterReportingPeriodMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MiningPropertyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MiningPropertyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_CementMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_CementMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>91
<FILENAME>R72.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191568904">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - ExchangeRate<br></strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=country_US', window );">UNITED STATES [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfChangesInAccountingEstimatesLineItems', window );"><strong>Disclosure of changes in accounting estimates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExchangeRates', window );">Equivalent</a></td>
<td class="nump">1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=sid_BrazilianReaisMember', window );">Brazilian reais [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfChangesInAccountingEstimatesLineItems', window );"><strong>Disclosure of changes in accounting estimates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExchangeRates', window );">Equivalent</a></td>
<td class="nump">5.1967<span></span>
</td>
<td class="nump">4.0307<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=sid_BrazilianReaisMember', window );">Brazilian reais [member] | Brazilian central bank [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfChangesInAccountingEstimatesLineItems', window );"><strong>Disclosure of changes in accounting estimates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExchangeRates', window );">Equivalent</a></td>
<td class="nump">6.3779<span></span>
</td>
<td class="nump">4.5305<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_EUR', window );">Euro [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfChangesInAccountingEstimatesLineItems', window );"><strong>Disclosure of changes in accounting estimates [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExchangeRates', window );">Equivalent</a></td>
<td class="nump">1<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfChangesInAccountingEstimatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfChangesInAccountingEstimatesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExchangeRates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the exchange rates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExchangeRates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=country_US">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=country_US</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=sid_BrazilianReaisMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=sid_BrazilianReaisMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_BrazilianCentralBankMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=sid_BrazilianCentralBankMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_EUR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_EUR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>92
<FILENAME>R73.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189434680">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>3. IMPACTS OF COVID-19 (Details Narrative) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">1 Months Ended</th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Mar. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ImapctsOfCovid19Abstract', window );"><strong>Impacts Of Covid-19</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfCorporateStaff', window );">Percentage of corporate staff</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AccumulatedLosses', window );">Accumulated gain (losses)</a></td>
<td class="nump">R$ 962,000<span></span>
</td>
<td class="nump">R$ 1,190,000<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AccumulatedLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of accumulated losses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AccumulatedLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ImapctsOfCovid19Abstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ImapctsOfCovid19Abstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PercentageOfCorporateStaff">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the percentage of corporate staff.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PercentageOfCorporateStaff</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>93
<FILENAME>R74.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186371512">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>4. CASH AND CASH EQUIVALENTS (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsAbstract', window );"><strong>Current cash and cash equivalents</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BalancesWithBanks', window );">Cash and banks</a></td>
<td class="nump">R$ 4,144,467<span></span>
</td>
<td class="nump">R$ 496,769<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermInvestmentsClassifiedAsCashEquivalents', window );">Total short-term investments</a></td>
<td class="nump">5,800,119<span></span>
</td>
<td class="nump">592,186<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="nump">9,944,586<span></span>
</td>
<td class="nump">1,088,955<span></span>
</td>
<td class="nump">R$ 2,248,004<span></span>
</td>
<td class="nump">R$ 3,411,572<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=country_BR', window );">BRAZIL</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsAbstract', window );"><strong>Current cash and cash equivalents</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BalancesWithBanks', window );">Cash and banks</a></td>
<td class="nump">245,185<span></span>
</td>
<td class="nump">42,736<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermInvestmentsClassifiedAsCashEquivalents', window );">Total short-term investments</a></td>
<td class="nump">5,800,119<span></span>
</td>
<td class="nump">531,924<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=sid_AbroadMember', window );">Abroad [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalentsAbstract', window );"><strong>Current cash and cash equivalents</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BalancesWithBanks', window );">Cash and banks</a></td>
<td class="nump">R$ 3,899,282<span></span>
</td>
<td class="nump">454,033<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermInvestmentsClassifiedAsCashEquivalents', window );">Total short-term investments</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 60,262<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BalancesWithBanks">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash balances held at banks.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BalancesWithBanks</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B13<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B13_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalentsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalentsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermInvestmentsClassifiedAsCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A classification of cash equivalents representing short-term investments. [Refer: Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermInvestmentsClassifiedAsCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=country_BR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=country_BR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=sid_AbroadMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=sid_AbroadMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>94
<FILENAME>R75.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186756664">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>5. FINANCIAL INVESTMENTS (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfFinancialInvestmentsLineItems', window );"><strong>DisclosureOfFinancialInvestmentsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInvestmentCurrent', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 3,783,362<span></span>
</td>
<td class="nump">R$ 2,633,173<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInvestmentNonCurrent', window );">NonCurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">123,409<span></span>
</td>
<td class="nump">95,719<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_InvestmentMember', window );">Investments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfFinancialInvestmentsLineItems', window );"><strong>DisclosureOfFinancialInvestmentsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInvestmentCurrent', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">478,253<span></span>
</td>
<td class="nump">518,553<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_UsiminasSharesMember', window );">Usiminas shares [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfFinancialInvestmentsLineItems', window );"><strong>DisclosureOfFinancialInvestmentsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInvestmentCurrent', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">3,305,109<span></span>
</td>
<td class="nump">2,114,620<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_BondMember', window );">Bonds [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfFinancialInvestmentsLineItems', window );"><strong>DisclosureOfFinancialInvestmentsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInvestmentCurrent', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInvestmentNonCurrent', window );">NonCurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">R$ 123,409<span></span>
</td>
<td class="nump">R$ 95,719<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">These are restricted financial investments and linked to a Bank Deposit Certificate (CDB) to guarantee a letter of guarantee from financial institutions and financial investments in Public Securities (LFT - Letras Financeiras do Tesouro) managed by their exclusive funds.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Part of the shares guarantees a portion of the Company's debt.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">Bonds with Fibra bank due in February 2028 (see note 22).</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfFinancialInvestmentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfFinancialInvestmentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FinancialInvestmentCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents financial investment current amount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FinancialInvestmentCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FinancialInvestmentNonCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents financial investment non current amount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FinancialInvestmentNonCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_InvestmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_InvestmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_UsiminasSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_UsiminasSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_BondMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_BondMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>95
<FILENAME>R76.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191540600">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>6. TRADE RECEIVABLES (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TradeAndOtherReceivablesLineItems', window );"><strong>TradeAndOtherReceivablesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Allowance for doubtful debts</a></td>
<td class="num">R$ (228,348)<span></span>
</td>
<td class="num">R$ (245,194)<span></span>
</td>
<td class="num">R$ (237,352)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TradeReceivableAfterAllowanceForDoubtfulDebts', window );">Trade receivable, after allowance for doubtful debts</a></td>
<td class="nump">2,746,176<span></span>
</td>
<td class="nump">1,877,343<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeReceivables', window );">Trade receivables</a></td>
<td class="nump">2,867,352<span></span>
</td>
<td class="nump">2,047,931<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_ThirdPartiesMember', window );">Third parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TradeAndOtherReceivablesLineItems', window );"><strong>TradeAndOtherReceivablesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossTradeReceivable', window );">Trade receivable, before allowance for doubtful debts</a></td>
<td class="nump">2,974,524<span></span>
</td>
<td class="nump">2,122,537<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_ThirdPartiesMember', window );">Third parties [member] | Domestic Market [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TradeAndOtherReceivablesLineItems', window );"><strong>TradeAndOtherReceivablesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossTradeReceivable', window );">Trade receivable, before allowance for doubtful debts</a></td>
<td class="nump">910,657<span></span>
</td>
<td class="nump">1,118,632<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_ThirdPartiesMember', window );">Third parties [member] | Foreign Market [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TradeAndOtherReceivablesLineItems', window );"><strong>TradeAndOtherReceivablesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossTradeReceivable', window );">Trade receivable, before allowance for doubtful debts</a></td>
<td class="nump">2,063,867<span></span>
</td>
<td class="nump">1,003,905<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_RelatedPartieMember', window );">Related Parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TradeAndOtherReceivablesLineItems', window );"><strong>TradeAndOtherReceivablesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeReceivables', window );">Trade receivables</a></td>
<td class="nump">R$ 121,176<span></span>
</td>
<td class="nump">R$ 170,588<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of an allowance account used to record impairments to financial assets due to credit losses. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_16&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeReceivables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount due from customers for goods and services sold.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeReceivables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_GrossTradeReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of gross trade receivable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_GrossTradeReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TradeAndOtherReceivablesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TradeAndOtherReceivablesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TradeReceivableAfterAllowanceForDoubtfulDebts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TradeReceivableAfterAllowanceForDoubtfulDebts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_ThirdPartiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=sid_ThirdPartiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=ifrs-full_CountryOfDomicileMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=ifrs-full_CountryOfDomicileMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=ifrs-full_ForeignCountriesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=ifrs-full_ForeignCountriesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_RelatedPartieMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=sid_RelatedPartieMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>96
<FILENAME>R77.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191675768">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>6. TRADE RECEIVABLES (Details 1) - Third parties [member] - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TradeAndOtherReceivablesLineItems', window );"><strong>TradeAndOtherReceivablesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossTradeReceivable', window );">Trade receivable, before allowance for doubtful debts</a></td>
<td class="nump">R$ 2,974,524<span></span>
</td>
<td class="nump">R$ 2,122,537<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_ThirdPartiesMember', window );">Current [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TradeAndOtherReceivablesLineItems', window );"><strong>TradeAndOtherReceivablesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossTradeReceivable', window );">Trade receivable, before allowance for doubtful debts</a></td>
<td class="nump">2,537,567<span></span>
</td>
<td class="nump">1,739,746<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_ThirdPartiesMember', window );">Past-due up to 30 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TradeAndOtherReceivablesLineItems', window );"><strong>TradeAndOtherReceivablesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossTradeReceivable', window );">Trade receivable, before allowance for doubtful debts</a></td>
<td class="nump">222,972<span></span>
</td>
<td class="nump">132,845<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_ThirdPartiesMember', window );">Past-due up to 180 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TradeAndOtherReceivablesLineItems', window );"><strong>TradeAndOtherReceivablesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossTradeReceivable', window );">Trade receivable, before allowance for doubtful debts</a></td>
<td class="nump">17,915<span></span>
</td>
<td class="nump">23,877<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_ThirdPartiesMember', window );">Past-due over 180 days [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TradeAndOtherReceivablesLineItems', window );"><strong>TradeAndOtherReceivablesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossTradeReceivable', window );">Trade receivable, before allowance for doubtful debts</a></td>
<td class="nump">R$ 196,070<span></span>
</td>
<td class="nump">R$ 226,069<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_GrossTradeReceivable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of gross trade receivable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_GrossTradeReceivable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TradeAndOtherReceivablesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TradeAndOtherReceivablesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_ThirdPartiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=sid_ThirdPartiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_CurrentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=sid_NotLaterThanOneMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=sid_NotLaterThanOneMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanThreeMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PastDueStatusAxis=ifrs-full_LaterThanThreeMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>97
<FILENAME>R78.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026193440040">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>6. TRADE RECEIVABLES (Details 2) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherReceivablesAbstract', window );"><strong>Trade and other receivables [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Opening balance</a></td>
<td class="num">R$ (245,194)<span></span>
</td>
<td class="num">R$ (237,352)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpectedAllowanceAccountForCreditLossesOfFinancialAssets', window );">(Loss)/Reversal estimated</a></td>
<td class="nump">7,513<span></span>
</td>
<td class="num">(43,313)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets', window );">Recovery and write-offs of receivables</a></td>
<td class="nump">9,333<span></span>
</td>
<td class="nump">35,471<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets', window );">Closing balance</a></td>
<td class="num">R$ (228,348)<span></span>
</td>
<td class="num">R$ (245,194)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of an allowance account used to record impairments to financial assets due to credit losses. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_16&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AllowanceAccountForCreditLossesOfFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in an allowance account for credit losses of financial assets resulting from the reversal of impairment. [Refer: Allowance account for credit losses of financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 16<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_16&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReversalAllowanceAccountForCreditLossesOfFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherReceivablesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherReceivablesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExpectedAllowanceAccountForCreditLossesOfFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expected allowance account for credit losses of financial assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExpectedAllowanceAccountForCreditLossesOfFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>98
<FILENAME>R79.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186631768">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>7. INVENTORIES (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InventoriesLineItems', window );"><strong>InventoriesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InventoryProvisionsForLosses', window );">(-) Provision for losses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (109,038)<span></span>
</td>
<td class="num">R$ (134,553)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InventoriesAtNetRealisableValue', window );">Inventoy, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,164,890<span></span>
</td>
<td class="nump">5,427,249<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Inventories', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,817,586<span></span>
</td>
<td class="nump">5,282,750<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentInventories', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">347,304<span></span>
</td>
<td class="nump">144,499<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_WorkInProgressMember', window );">Work in progress [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InventoriesLineItems', window );"><strong>InventoriesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InventoryGrossAmount', window );">Inventory gross</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,358,905<span></span>
</td>
<td class="nump">1,438,868<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_FinishedGoodsMember', window );">Finished goods [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InventoriesLineItems', window );"><strong>InventoriesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InventoryGrossAmount', window );">Inventory gross</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,627,676<span></span>
</td>
<td class="nump">1,691,842<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_RawMaterialsMember', window );">Raw materials [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InventoriesLineItems', window );"><strong>InventoriesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InventoryGrossAmount', window );">Inventory gross</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,289,653<span></span>
</td>
<td class="nump">1,493,129<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_SparePartsMember', window );">Spare parts [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InventoriesLineItems', window );"><strong>InventoriesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InventoryGrossAmount', window );">Inventory gross</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">928,158<span></span>
</td>
<td class="nump">902,135<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_AdvancesToSuppliersMember', window );">Advances to suppliers [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InventoriesLineItems', window );"><strong>InventoriesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InventoryGrossAmount', window );">Inventory gross</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 69,536<span></span>
</td>
<td class="nump">R$ 35,828<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Long-term iron ore inventories that will be used after the construction of the processing plant, which will produce pellet feed, In 2020, the Company defined the construction project for the new plant for processing Itabirito, which until then was considered as waste, and started to be incorporated into the long-term ore inventory.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Inventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current inventories. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2020-01-01<br> -Paragraph 36<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_36_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_g&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 68<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_68&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Inventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InventoriesAtNetRealisableValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of inventories carried at net realisable value. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 2<br> -IssueDate 2020-01-01<br> -Paragraph 36<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=2&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_36&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InventoriesAtNetRealisableValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current inventories. [Refer: Inventories]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_g&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_InventoriesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_InventoriesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_InventoryGrossAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>This amount is related to inventory gross amount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_InventoryGrossAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_InventoryProvisionsForLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Thee amount of provision for loosse.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_InventoryProvisionsForLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_WorkInProgressMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_WorkInProgressMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_FinishedGoodsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_FinishedGoodsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_RawMaterialsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_RawMaterialsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_SparePartsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_SparePartsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_AdvancesToSuppliersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_AdvancesToSuppliersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>99
<FILENAME>R80.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189367768">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>7. INVENTORIES (Details 1) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InventoriesAbstract', window );"><strong>Inventories [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InventoryNetOne', window );">Opening balance</a></td>
<td class="num">R$ (134,553)<span></span>
</td>
<td class="num">R$ (157,754)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence', window );">(Estimated losses) / Reversal of inventories with low turnover and obsolescence</a></td>
<td class="nump">25,515<span></span>
</td>
<td class="nump">23,201<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InventoryNetOne', window );">Closing balance</a></td>
<td class="num">R$ (109,038)<span></span>
</td>
<td class="num">R$ (134,553)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_InventoriesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_InventoriesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_InventoryNetOne">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represents beginning balance of inventory.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_InventoryNetOne</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as a reduction in the amount of inventories recognised as an expense due to the reversal low turnover and obsolescence.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ReversalOfInventoryWriteDownWithLowTurnoverAndObsolescence</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>100
<FILENAME>R81.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191539368">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>8. RECOVERABLE TAXES (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RecoverableTaxesLineItems', window );"><strong>RecoverableTaxesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Total recoverable taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 2,543,946<span></span>
</td>
<td class="nump">R$ 3,402,355<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,605,494<span></span>
</td>
<td class="nump">1,282,415<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">938,452<span></span>
</td>
<td class="nump">2,119,940<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_StateValueAddedTaxMember', window );">State value added tax [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RecoverableTaxesLineItems', window );"><strong>RecoverableTaxesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Total recoverable taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,002,926<span></span>
</td>
<td class="nump">1,109,887<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_BrazilianFederalContributionsMember', window );">Brazilian federal contributions [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RecoverableTaxesLineItems', window );"><strong>RecoverableTaxesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Total recoverable taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,417,081<span></span>
</td>
<td class="nump">2,230,793<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_OtherTaxesMember', window );">Other taxes [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RecoverableTaxesLineItems', window );"><strong>RecoverableTaxesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax', window );">Total recoverable taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 123,939<span></span>
</td>
<td class="nump">R$ 61,675<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Refers mainly to PIS / COFINS (VAT Federal) all to be recovered and income tax and social contribution to be offset. In respect to PIS and COFINS to be recoverable on September 20, 2018, the writ of mandamus and special appeal filed in 2006, in which CSN and the Federal Union are parties, related to the discussion about the non-inclusion of ICMS in the PIS and COFINS calculation basis, was judged in final court decision, confirmed the right of CSN to offset the amounts unduly paid as a result of the PIS and COFINS base being increased by the inclusion of ICMS in the period from 2001 to 2014.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current receivables from taxes other than income tax. [Refer: Receivables from taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current receivables from taxes other than income tax. [Refer: Receivables from taxes other than income tax]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of receivables from taxes other than income tax. Income taxes include all domestic and foreign taxes that are based on taxable profits. Income taxes also include taxes, such as withholding taxes, that are payable by a subsidiary, associate or joint arrangement on distributions to the reporting entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReceivablesFromTaxesOtherThanIncomeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RecoverableTaxesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RecoverableTaxesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_StateValueAddedTaxMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_StateValueAddedTaxMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_BrazilianFederalContributionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_BrazilianFederalContributionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_OtherTaxesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_OtherTaxesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>101
<FILENAME>R82.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186248936">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>9. OTHER CURRENT AND NON-CURRENT ASSETS (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNonCurrentAssetsLineItems', window );"><strong>OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentNonfinancialAssets', window );">Other current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 367,814<span></span>
</td>
<td class="nump">R$ 390,581<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentNonfinancialAssets', window );">Other non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,603,047<span></span>
</td>
<td class="nump">2,793,115<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_JudicialDepositsMember', window );">Judicial deposits [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNonCurrentAssetsLineItems', window );"><strong>OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentNonfinancialAssets', window );">Other non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">325,117<span></span>
</td>
<td class="nump">328,371<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_CreditsWithThePGFNMember', window );">Credits with the PGFN [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNonCurrentAssetsLineItems', window );"><strong>OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentNonfinancialAssets', window );">Other non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">46,774<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_PrepaidExpensesMember', window );">Prepaid expenses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNonCurrentAssetsLineItems', window );"><strong>OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentNonfinancialAssets', window );">Other current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">136,527<span></span>
</td>
<td class="nump">107,428<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentNonfinancialAssets', window );">Other non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">115,636<span></span>
</td>
<td class="nump">126,213<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_PrepaidExpensesWithSeaFreightMember', window );">Prepaid expenses with sea freight [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNonCurrentAssetsLineItems', window );"><strong>OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentNonfinancialAssets', window );">Other current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">74,500<span></span>
</td>
<td class="nump">96,305<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_ActuarialAssetRelatedPartyMember', window );">Actuarial asset [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNonCurrentAssetsLineItems', window );"><strong>OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentNonfinancialAssets', window );">Other non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13,819<span></span>
</td>
<td class="nump">13,714<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_DerivativeFinancialInstrumentsMember', window );">Derivative financial instruments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNonCurrentAssetsLineItems', window );"><strong>OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentNonfinancialAssets', window );">Other current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,364<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentNonfinancialAssets', window );">Other non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,203<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_SecuritiesHeldForTradingMember', window );">Securities held for trading [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNonCurrentAssetsLineItems', window );"><strong>OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentNonfinancialAssets', window );">Other current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,065<span></span>
</td>
<td class="nump">4,034<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_LoansWithRelatedPartiesMember', window );">Loans with related parties [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNonCurrentAssetsLineItems', window );"><strong>OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentNonfinancialAssets', window );">Other non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">966,050<span></span>
</td>
<td class="nump">846,300<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_OtherReceivablesFromRelatedPartiesMember', window );">Other receivables from related parties [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNonCurrentAssetsLineItems', window );"><strong>OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentNonfinancialAssets', window );">Other current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,242<span></span>
</td>
<td class="nump">1,830<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentNonfinancialAssets', window );">Other non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">664,020<span></span>
</td>
<td class="nump">428,672<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_OtherReceivablesMember', window );">Other receivables [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNonCurrentAssetsLineItems', window );"><strong>OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentNonfinancialAssets', window );">Other non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,445<span></span>
</td>
<td class="nump">7,059<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember', window );">Eletrobras's compulsory loan [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNonCurrentAssetsLineItems', window );"><strong>OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentNonfinancialAssets', window );">Other non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">852,532<span></span>
</td>
<td class="nump">845,284<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_DividendsReceivableMember', window );">Dividends receivables [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNonCurrentAssetsLineItems', window );"><strong>OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentNonfinancialAssets', window );">Other current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">38,088<span></span>
</td>
<td class="nump">44,554<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_DebitOfEmployeesMember', window );">Employee debts [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNonCurrentAssetsLineItems', window );"><strong>OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentNonfinancialAssets', window );">Other current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">28,054<span></span>
</td>
<td class="nump">33,045<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_ReceivablesByIndemnityMember', window );">Receivables by indemnity [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNonCurrentAssetsLineItems', window );"><strong>OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentNonfinancialAssets', window );">Other non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">517,183<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_OtherMember', window );">Other [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNonCurrentAssetsLineItems', window );"><strong>OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentNonfinancialAssets', window );">Other current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">79,338<span></span>
</td>
<td class="nump">102,021<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentNonfinancialAssets', window );">Other non-current assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 146,245<span></span>
</td>
<td class="nump">R$ 146,525<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">In September 2020, the Company reclassified the amount to judicial deposits.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Refers a payment of freight expenses and maritime insurance over revenues didn't recognized.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">This is a certain and due amount, arising from the res judicata favorable decision to the Company, which is irreversible and irrevocable, in order to apply the STJ's consolidated position on the subject, which culminated in the conviction of Eletrobras to the payment of the correct interest and monetary adjustment of the Compulsory Loan. The res judicata decision, as well as the certainty about the amounts involved in the liquidation of the sentence (judicial procedure to request the satisfaction of the right), allowed the conclusion that the entry of this value is certain. In addition to this amount already recorded, the Company continues to seek alternatives for the recovery of additional credits and the estimate can reach an amount greater than R$350 million.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">This is a net, certain and enforceable amount, resulting from the final and unappealable decision of the Court in favor of the Company, due to losses and damages resulting from the sinking of the voltage in the supply of energy in the periods from January / 1991 to June / 2002. The receivable for indemnification in the amount of R$147,612 was recognized in the income statement for the year in other operating income and expenses and in the financial result, the amount of R$369,571. See notes 27 and 28, respectively.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCurrentNonfinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current non-financial assets that the entity does not separately disclose in the same statement or note. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCurrentNonfinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentNonfinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current non-financial assets that the entity does not separately disclose in the same statement or note. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentNonfinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherCurrentAndNonCurrentAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherCurrentAndNonCurrentAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_JudicialDepositsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_JudicialDepositsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_CreditsWithThePGFNMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_CreditsWithThePGFNMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_PrepaidExpensesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_PrepaidExpensesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_PrepaidExpensesWithSeaFreightMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_PrepaidExpensesWithSeaFreightMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_ActuarialAssetRelatedPartyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_ActuarialAssetRelatedPartyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_DerivativeFinancialInstrumentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_DerivativeFinancialInstrumentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_SecuritiesHeldForTradingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_SecuritiesHeldForTradingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_LoansWithRelatedPartiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_LoansWithRelatedPartiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_OtherReceivablesFromRelatedPartiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_OtherReceivablesFromRelatedPartiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_OtherReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_OtherReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_DividendsReceivableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_DividendsReceivableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_DebitOfEmployeesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_DebitOfEmployeesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_ReceivablesByIndemnityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_ReceivablesByIndemnityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_OtherMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_OtherMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>102
<FILENAME>R83.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186688104">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>9. OTHER CURRENT AND NON-CURRENT ASSETS (Details Narrative)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNonCurrentAssetsLineItems', window );"><strong>OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ReceivableForIndemnification', window );">Receivable for indemnification</a></td>
<td class="nump">R$ 147,612<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialResult', window );">financial result</a></td>
<td class="nump">369,571<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember', window );">Eletrobras's compulsory loan [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherCurrentAndNonCurrentAssetsLineItems', window );"><strong>OtherCurrentAndNonCurrentAssetsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GainOnRecoveryOfCredits', window );">Recovery of additional credits</a></td>
<td class="nump">R$ 350,000<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FinancialResult">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial result.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FinancialResult</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_GainOnRecoveryOfCredits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of recovery of additional credits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_GainOnRecoveryOfCredits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherCurrentAndNonCurrentAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherCurrentAndNonCurrentAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ReceivableForIndemnification">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of receivable for indemnification.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ReceivableForIndemnification</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=sid_MonetaryAdjustmentRelatedToTheEletrobrassCompulsoryLoanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>103
<FILENAME>R84.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026182862920">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details) - shares<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,387,524,047<span></span>
</td>
<td class="nump">1,387,524,047<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedStructuredEntitiesAxis=sid_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember', window );">Diplic II- Fundo de investimento multimercado credito privado [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInterestInExclusiveFundsPercentage', window );">Equity interest (%), exclusive funds</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment fund<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedStructuredEntitiesAxis=sid_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember', window );">Caixa Vertice - Fundo de investimento multimercado credito privado [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInterestInExclusiveFundsPercentage', window );">Equity interest (%), exclusive funds</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment fund<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnconsolidatedStructuredEntitiesAxis=sid_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember', window );">VR1 - Fundo de investimento multimercado credito privado [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInterestInExclusiveFundsPercentage', window );">Equity interest (%), exclusive funds</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Investment fund<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_ArvediMetalferDoBrasilSAMember', window );">Arvedi Metalfer do Brasil S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">49,074,882<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInAssociate', window );">Equity interest (%), associate</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">20.00%<span></span>
</td>
<td class="nump">20.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Metallurgy and Equity interests<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_ItaEnergeticaSAMember', window );">Ita Energetica S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">253,606,846<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInJointOperation', window );">Equity interests (%), operation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">48.75%<span></span>
</td>
<td class="nump">48.75%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Electric power generation<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember', window );">CONSORCIO DA USINA HIDRELETRICA DE IGARAPAVA [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInJointOperation', window );">Equity interests (%), operation</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">17.92%<span></span>
</td>
<td class="nump">17.92%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Electric power consortium<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_MRSLogisticaSAMember', window );">MRS Logistica S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">63,377,198<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture', window );">Equity interest (%), joint venture</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">18.64%<span></span>
</td>
<td class="nump">18.64%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">Railroad transportation<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_AcerosDelOrinocoSAMember', window );">Aceros Del Orinoco S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture', window );">Equity interest (%), joint venture</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">31.82%<span></span>
</td>
<td class="nump">31.82%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Dormant company<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_TransnordestinaLogisticaSAMember', window );">Transnordestina logistica s.a [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">24,670,093<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture', window );">Equity interest (%), joint venture</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">47.26%<span></span>
</td>
<td class="nump">47.26%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">Railroad logistics<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_EquimacSAMember', window );">Equimac S.A [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">1,117<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture', window );">Equity interest (%), joint venture</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">Rental of commercial and industrial machinery and equipment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_MRSLogisticaSA1Member', window );">MRS Logistica S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture', window );">Equity interest (%), joint venture</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">16.30%<span></span>
</td>
<td class="nump">16.30%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">Railroad transportation<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNIslandsVIICorpMember', window );">CSN Islands VII Corp. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">20,001,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Financial transactions<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNInovaVenturesMember', window );">CSN inova ventures [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">50,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="text">Financial transactions<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNIslandsXIICorpMember', window );">CSN Islands XII Corp. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,540<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Financial transactions<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNSteelSLUMember', window );">CSN Steel S.L.U. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">22,042,688<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Equity interests and Financial transactions<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_TdBBSAMember', window );">TdBB S.A [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="text">Equity interests<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_SepetibaTeconSAMember', window );">Sepetiba Tecon S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">254,015,052<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99.99%<span></span>
</td>
<td class="nump">99.99%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Port services <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_MineriosNacionalSAMember', window );">Minerios nacional s.a. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">141,719,295<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99.99%<span></span>
</td>
<td class="nump">99.99%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Mining and Equity interests<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CompanhiaFlorestaldoBrasilMember', window );">Companhia Florestal do Brasil [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">66,354,391<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99.99%<span></span>
</td>
<td class="nump">99.99%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Reforestation<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_EstanhoDeRondoniaSAMember', window );">Estanho de Rondonia S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">195,454,162<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99.99%<span></span>
</td>
<td class="nump">99.99%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Tin Mining<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CompanhiaMetalurgicaPradaMember', window );">Companhia Metalurgica Prada [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">555,142,354<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99.99%<span></span>
</td>
<td class="nump">99.99%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Manufacture of containers and distribution of steel products<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNMineracaoSAMember', window );">CSN Mineracao SA [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">158,419,480<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">87.52%<span></span>
</td>
<td class="nump">87.52%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Mining<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNEnergiaSAMember', window );">CSN Energia S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">43,149<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99.99%<span></span>
</td>
<td class="nump">99.99%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Sale of electric power<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_FTLFerroviaTransnordestinaLogisticaSAMember', window );">FTL - FERROVIA TRANSNORDESTINA LOGISTICA SA ("FTL") [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">486,592,830<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">92.38%<span></span>
</td>
<td class="nump">92.38%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Railroad logistics<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_NordesteLogisticaSAMember', window );">Nordeste Logistica S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99,999<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99.99%<span></span>
</td>
<td class="nump">99.99%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Port services<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNInovaLtdMember', window );">CSN Inova Ltd. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Advisory and implementation of new development projec<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNEquipamentosSAMember', window );">CSN Equipamentos S.A [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">99.99%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">Rental of commercial and industrial machinery and equipment<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember', window );">CBSI - Companhia Brasileira de Servicos de Infraestrutura [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,669,986<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99.99%<span></span>
</td>
<td class="nump">99.99%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Equity interests and product sales and iron ore<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNCimentosSAMember', window );">CSN Cimentos S.A [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="nump">90<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="nump">90.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">Manufacturing and sale of cement<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_LusosiderProjectosSiderurgicosSAMember', window );">Lusosider Projectos Siderurgicos S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Equity interests and product sales<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_LusosiderAcosPlanosSAMember', window );">Lusosider Acos Planos, S. A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99.99%<span></span>
</td>
<td class="nump">99.99%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Steel and Equity interests<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNResourcesSAMember', window );">CSN Resources S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Financial transactions and Equity interests<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CompanhiaBrasileiraDeLatasMember', window );">Companhia Brasileira de Latas [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99.99%<span></span>
</td>
<td class="nump">99.99%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Sale of cans and containers in general and Equity interests<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CompanhiaDeEmbalagensMetalicasMMSAMember', window );">Companhia de Embalagens Metalicas MMSA [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99.67%<span></span>
</td>
<td class="nump">99.67%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Production and sale of cans and related activities<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CompanhiaDeEmbalagensMetalicasMTMMember', window );">Companhia de Embalagens Metalicas - MTM [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99.67%<span></span>
</td>
<td class="nump">99.67%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Production and sale of cans and related activities<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNSteelHoldings1SLUMember', window );">CSN Steel Holdings 1, S.L.U. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Financial transactions, product sales and Equity interests<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNProductosSiderurgicosSLMember', window );">CSN Productos Siderurgicos S.L. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Financial transactions, product sales and Equity interests<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_StalhwerkThuringenGmbHMember', window );">Stalhwerk Thuringen GmbH [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Production and sale of long steel and related activities<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNSteelSectionsUKLimitedMember', window );">CSN Steel Sections UK Limited [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[7]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[7]</sup></td>
<td class="text">Sale of long steel<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNSteelSectionsPolskaSpZooMember', window );">CSN Steel Sections Polska Sp.Z.o.o [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Financial transactions, product sales and Equity interests<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNMiningHoldingSLMember', window );">CSN Mining Holding, S.L [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">87.52%<span></span>
</td>
<td class="nump">87.52%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Financial transactions, product sales and Equity interests<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNMiningGmbHMember', window );">CSN Mining GmbH [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">87.52%<span></span>
</td>
<td class="nump">87.52%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Financial transactions, product sales and Equity interests<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNMiningAsiaLimitedMember', window );">CSN Mining Asia Limited [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">87.52%<span></span>
</td>
<td class="nump">87.52%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Commercial representation<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_LusosiderIbericaSAMember', window );">Lusosider Iberica S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Steel, commercial and industrial activities and equity interests<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSMiningPortugalUnipessoalLdaMember', window );">CSN Mining Portugal, Unipessoal Lda. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">87.52%<span></span>
</td>
<td class="nump">87.52%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Commercial and representation of products<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CompanhiaSiderurgicaNacionalLLCMember', window );">Companhia Siderurgica Nacional, LLC [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">Import and distribution/resale of products<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNCimentosSA1Member', window );">CSN Cimentos S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of shares held by CSN (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="nump">10<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Equity interests (%), subsidiary</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="nump">10.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities', window );">Core business</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[6]</sup></td>
<td class="text">Manufacturing and sale of cement<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">As of December 31, 2020, the Company directly held 63,377,198 shares, of which 26,611,282 were common and 36,765,916 were preferred, and indirectly 63,338,872 shares, of which 25,802,872 were common and 37,536,000 were preferred</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">As of December 31, 2020, the Company had 24,168,304 common shares and 501,789 Class B preferred shares.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">On June 26, 2020, CSN Equipamentos SA had its corporate name changed to Equimac SA and its capital increased by Unidas Guindastes Eireli. With this capital increase, CSN's stake in Equimac's share capital increased to 50% and was classified as joint venture.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">On June 29, 2020, CSN Islands XI Corp. changed its corporate name to CSN Inova Ventures.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top">Dormant companies.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[6]</td>
<td style="vertical-align: top;" valign="top">Company acquired on October 2, 2020.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[7]</td>
<td style="vertical-align: top;" valign="top">Company liquidated on March 11, 2020.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the nature of the entity's operations and principal activities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 138<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_138_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares that have been authorised and issued, reduced by treasury shares held. [Refer: Treasury shares]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_79_a_iv&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfOwnershipInterestInAssociate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in an associate attributable to the entity. [Refer: Associates [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2020-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_17_b_iii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2020-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_16_b_iii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 21<br> -Subparagraph a<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_21_a_iv&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfOwnershipInterestInAssociate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfOwnershipInterestInJointOperation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in a joint operation attributable to the entity. [Refer: Joint operations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 21<br> -Subparagraph a<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_21_a_iv&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfOwnershipInterestInJointOperation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfOwnershipInterestInJointVenture">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in a joint venture attributable to the entity. [Refer: Joint ventures [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2020-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_17_b_iii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2020-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_16_b_iii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 21<br> -Subparagraph a<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_21_a_iv&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfOwnershipInterestInJointVenture</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in a subsidiary attributable to the entity. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2020-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_17_b_iii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2020-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_16_b_iii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 19B<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_19B_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfOwnershipInterestInSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_EquityInterestInExclusiveFundsPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the equity interest in exclusive funds percentage.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_EquityInterestInExclusiveFundsPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UnconsolidatedStructuredEntitiesAxis=sid_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UnconsolidatedStructuredEntitiesAxis=sid_DiplicIIFundoDeInvestimentoMultimercadoCreditoPrivadoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UnconsolidatedStructuredEntitiesAxis=sid_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UnconsolidatedStructuredEntitiesAxis=sid_CaixaVerticeFundoDeInvestimentoMultimercadoCreditoPrivadoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UnconsolidatedStructuredEntitiesAxis=sid_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UnconsolidatedStructuredEntitiesAxis=sid_VR1FundoDeInvestimentoMultimercadoCreditoPrivadoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_ArvediMetalferDoBrasilSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_ArvediMetalferDoBrasilSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_ItaEnergeticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_ItaEnergeticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_MRSLogisticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_MRSLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_AcerosDelOrinocoSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_AcerosDelOrinocoSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_TransnordestinaLogisticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_TransnordestinaLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_EquimacSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_EquimacSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_MRSLogisticaSA1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_MRSLogisticaSA1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNIslandsVIICorpMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNIslandsVIICorpMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNInovaVenturesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNInovaVenturesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNIslandsXIICorpMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNIslandsXIICorpMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNSteelSLUMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNSteelSLUMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_TdBBSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_TdBBSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_SepetibaTeconSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_SepetibaTeconSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_MineriosNacionalSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_MineriosNacionalSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CompanhiaFlorestaldoBrasilMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CompanhiaFlorestaldoBrasilMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_EstanhoDeRondoniaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_EstanhoDeRondoniaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CompanhiaMetalurgicaPradaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CompanhiaMetalurgicaPradaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNMineracaoSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNMineracaoSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNEnergiaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNEnergiaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_FTLFerroviaTransnordestinaLogisticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_FTLFerroviaTransnordestinaLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_NordesteLogisticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_NordesteLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNInovaLtdMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNInovaLtdMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNEquipamentosSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNEquipamentosSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CBSICompanhiaBrasileiraDeServicosDeInfraestruturaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNCimentosSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNCimentosSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_LusosiderProjectosSiderurgicosSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_LusosiderProjectosSiderurgicosSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_LusosiderAcosPlanosSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_LusosiderAcosPlanosSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNResourcesSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNResourcesSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CompanhiaBrasileiraDeLatasMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CompanhiaBrasileiraDeLatasMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CompanhiaDeEmbalagensMetalicasMMSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CompanhiaDeEmbalagensMetalicasMMSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CompanhiaDeEmbalagensMetalicasMTMMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CompanhiaDeEmbalagensMetalicasMTMMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNSteelHoldings1SLUMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNSteelHoldings1SLUMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNProductosSiderurgicosSLMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNProductosSiderurgicosSLMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_StalhwerkThuringenGmbHMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_StalhwerkThuringenGmbHMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNSteelSectionsUKLimitedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNSteelSectionsUKLimitedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNSteelSectionsPolskaSpZooMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNSteelSectionsPolskaSpZooMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNMiningHoldingSLMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNMiningHoldingSLMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNMiningGmbHMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNMiningGmbHMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNMiningAsiaLimitedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNMiningAsiaLimitedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_LusosiderIbericaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_LusosiderIbericaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSMiningPortugalUnipessoalLdaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSMiningPortugalUnipessoalLdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CompanhiaSiderurgicaNacionalLLCMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CompanhiaSiderurgicaNacionalLLCMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNCimentosSA1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNCimentosSA1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>104
<FILENAME>R85.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026182304152">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 1) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Assets</a></td>
<td class="nump">R$ 63,002,149<span></span>
</td>
<td class="nump">R$ 50,869,276<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Liabilities</a></td>
<td class="nump">344,488<span></span>
</td>
<td class="nump">419,894<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholders' equity</a></td>
<td class="nump">11,251,505<span></span>
</td>
<td class="nump">11,361,932<span></span>
</td>
<td class="nump">R$ 10,013,440<span></span>
</td>
<td class="nump">R$ 8,288,229<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit /(Loss) for the period</a></td>
<td class="nump">4,292,618<span></span>
</td>
<td class="nump">2,244,511<span></span>
</td>
<td class="nump">R$ 5,200,583<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=sid_PanatlanticaMember', window );">Panatlantica [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholders' equity</a></td>
<td class="nump">59,879<span></span>
</td>
<td class="nump">47,300<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=sid_ClassifiedAtFairValueThroughProfitOrLossMember', window );">Classified at fair value through profit or loss [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholders' equity</a></td>
<td class="nump">59,879<span></span>
</td>
<td class="nump">47,300<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=sid_EliminationsMember', window );">Eliminations [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit /(Loss) for the period</a></td>
<td class="num">(30,856)<span></span>
</td>
<td class="num">(38,219)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=sid_OtherInvestmentMember', window );">Other [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholders' equity</a></td>
<td class="nump">279<span></span>
</td>
<td class="nump">157<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit /(Loss) for the period</a></td>
<td class="num">(9,967)<span></span>
</td>
<td class="nump">171<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=sid_TotalOtherInvestmentMember', window );">Total Other Investment [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholders' equity</a></td>
<td class="nump">279<span></span>
</td>
<td class="nump">157<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit /(Loss) for the period</a></td>
<td class="num">(9,967)<span></span>
</td>
<td class="nump">171<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=sid_TotalInvestmentsInAffillatedCompaniesMember', window );">Total investments in affillated companies [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholders' equity</a></td>
<td class="nump">3,535,906<span></span>
</td>
<td class="nump">3,484,974<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=sid_TotalEquityInResultsOfaffillatedCompaniesMember', window );">Total Equity in results of affillated companies [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit /(Loss) for the period</a></td>
<td class="nump">71,755<span></span>
</td>
<td class="nump">125,715<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=sid_InvestmentsPropertiesMember', window );">Investments properties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholders' equity</a></td>
<td class="nump">159,874<span></span>
</td>
<td class="nump">101,195<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfFinancialAssetsAxis=sid_TotalInvestmentsMember', window );">Total investments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholders' equity</a></td>
<td class="nump">3,695,780<span></span>
</td>
<td class="nump">3,584,169<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_ArvediMetalferDoBrasilSAMember', window );">Arvedi Metalfer do Brasil S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Assets</a></td>
<td class="nump">40,528<span></span>
</td>
<td class="nump">44,435<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Liabilities</a></td>
<td class="nump">32,490<span></span>
</td>
<td class="nump">31,712<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholders' equity</a></td>
<td class="nump">8,038<span></span>
</td>
<td class="nump">12,723<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit /(Loss) for the period</a></td>
<td class="num">(6,765)<span></span>
</td>
<td class="num">(1,682)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ifrs-full_AssociatesMember', window );">Associates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Assets</a></td>
<td class="nump">40,528<span></span>
</td>
<td class="nump">44,435<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Liabilities</a></td>
<td class="nump">32,490<span></span>
</td>
<td class="nump">31,712<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholders' equity</a></td>
<td class="nump">8,038<span></span>
</td>
<td class="nump">12,723<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit /(Loss) for the period</a></td>
<td class="num">(6,765)<span></span>
</td>
<td class="num">(1,682)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_EquimacSA1Member', window );">Equimac S.A [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit /(Loss) for the period</a></td>
<td class="num">(329)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_MRSLogisticaSA1Member', window );">MRS Logistica S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Assets</a></td>
<td class="nump">4,175,249<span></span>
</td>
<td class="nump">4,145,205<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Liabilities</a></td>
<td class="nump">2,567,882<span></span>
</td>
<td class="nump">2,616,218<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholders' equity</a></td>
<td class="nump">1,607,367<span></span>
</td>
<td class="nump">1,528,987<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit /(Loss) for the period</a></td>
<td class="nump">160,371<span></span>
</td>
<td class="nump">187,597<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_FairValueMRSLogisticaSAMember', window );">Fair Value - MRS Logistica S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholders' equity</a></td>
<td class="nump">421,888<span></span>
</td>
<td class="nump">433,635<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit /(Loss) for the period</a></td>
<td class="num">(11,747)<span></span>
</td>
<td class="num">(11,747)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember', window );">CSBI - Companhia Brasileira de Servicos de Infraestrutura [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Assets</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit /(Loss) for the period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">6,665<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_TransnordestinaLogisticaSA1Member', window );">Transnordestina logistica s.a [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Assets</a></td>
<td class="nump">4,657,691<span></span>
</td>
<td class="nump">4,398,434<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Liabilities</a></td>
<td class="nump">3,497,587<span></span>
</td>
<td class="nump">3,209,378<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholders' equity</a></td>
<td class="nump">1,160,104<span></span>
</td>
<td class="nump">1,189,056<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit /(Loss) for the period</a></td>
<td class="num">(28,952)<span></span>
</td>
<td class="num">(17,100)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_FairValueTransnordestinaMember', window );">Fair Value - Transnordestina [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Assets</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholders' equity</a></td>
<td class="nump">271,116<span></span>
</td>
<td class="nump">271,116<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit /(Loss) for the period</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_EquimacSA1Member', window );">Equimac S.A [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Assets</a></td>
<td class="nump">7,536<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Liabilities</a></td>
<td class="nump">301<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholders' equity</a></td>
<td class="nump">7,235<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_JointVentureAndJointOperationMember', window );">Joint-venture and Joint-operation [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Assets</a></td>
<td class="nump">8,840,476<span></span>
</td>
<td class="nump">8,543,639<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Liabilities</a></td>
<td class="nump">6,065,770<span></span>
</td>
<td class="nump">5,825,596<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholders' equity</a></td>
<td class="nump">3,467,710<span></span>
</td>
<td class="nump">3,422,794<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit /(Loss) for the period</a></td>
<td class="nump">119,343<span></span>
</td>
<td class="nump">165,415<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_EquimacSAMember', window );">Equimac S.A [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Assets</a></td>
<td class="nump">15,072<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Liabilities</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholders' equity</a></td>
<td class="nump">R$ 14,470<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Profit /(Loss) for the period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a present economic resource controlled by the entity as a result of past events. Economic resource is a right that has the potential to produce economic benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Liabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a present obligation of the entity to transfer an economic resource as a result of past events. Economic resource is a right that has the potential to produce economic benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Liabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2020-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2020-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2021-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2020-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=sid_PanatlanticaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=sid_PanatlanticaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=sid_ClassifiedAtFairValueThroughProfitOrLossMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=sid_ClassifiedAtFairValueThroughProfitOrLossMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=sid_EliminationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=sid_EliminationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=sid_OtherInvestmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=sid_OtherInvestmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=sid_TotalOtherInvestmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=sid_TotalOtherInvestmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=sid_TotalInvestmentsInAffillatedCompaniesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=sid_TotalInvestmentsInAffillatedCompaniesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=sid_TotalEquityInResultsOfaffillatedCompaniesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=sid_TotalEquityInResultsOfaffillatedCompaniesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=sid_InvestmentsPropertiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=sid_InvestmentsPropertiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfFinancialAssetsAxis=sid_TotalInvestmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfFinancialAssetsAxis=sid_TotalInvestmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_ArvediMetalferDoBrasilSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_ArvediMetalferDoBrasilSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=ifrs-full_AssociatesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=ifrs-full_AssociatesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_EquimacSA1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_EquimacSA1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_MRSLogisticaSA1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_MRSLogisticaSA1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_FairValueMRSLogisticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_FairValueMRSLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_TransnordestinaLogisticaSA1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_TransnordestinaLogisticaSA1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_FairValueTransnordestinaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_FairValueTransnordestinaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_EquimacSA1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_EquimacSA1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_JointVentureAndJointOperationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_JointVentureAndJointOperationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_EquimacSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_EquimacSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>105
<FILENAME>R86.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191524312">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 2) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2020</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract', window );"><strong>Basis Of Consolidation And Investments In Subsidiaries And Affiliates</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod', window );">Opening balance of investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 3,482,974<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 5,630,613<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CapitalIncreaseacquisitionOfShares', window );">Capital increase/acquisition of shares</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,400<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">27,909<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DividendsInInvestment', window );">Dividends</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(82,642)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(94,603)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ChangesInInvestmentsInSubsidiariesJointlyControlledCompaniesJointOperationsAssociatesAndOtherInvestmentsComprehensiveIncome', window );">Comprehensive income</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">6,895<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,592)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInResultsOfAffiliatedCompanies', window );">Equity in results of affiliated companies</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">124,324<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">175,524<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">R$ 135,706<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_UpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii', window );">Update of shares measured at fair value through profit or loss (Note 14 II)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,579<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(118,780)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ReclassificationOfUsiminasShares', window );">Reclassification of Usiminas' shares</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,114,620)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ConsolidationOfCbsi', window );">Consolidation of CBSI</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(8,775)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AmortizationOfFairValueInvestmentMrs', window );">Amortization of fair value - investment MRS</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(11,747)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(11,747)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersInvestments', window );">Others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">123<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">45<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod', window );">Closing balance of investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 3,535,906<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 3,482,974<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 5,630,613<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">In 2020, it mainly refers to dividends of the subsidiary CSN Mineracao SA in the amount of R$2,437,482 (R$4,060,816 on December 31, 2019).</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Refers to translation to the reporting currency of the foreign investments of which functional currency is not the Brazilian Reais, actuarial gain/loss and gain/loss on investment hedge from investments accounted for under the equity method.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">The table below shows the reconciliation of the equity in results of affiliated companies classified as joint venture and associates and the amount disclosed in the income statement and it is due to the elimination of the results of the CSN's transactions with these companies.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of investments other than investments accounted for using the equity method. [Refer: Investments accounted for using equity method]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentsOtherThanInvestmentsAccountedForUsingEquityMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AmortizationOfFairValueInvestmentMrs">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the amortization of fair value investment mrs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AmortizationOfFairValueInvestmentMrs</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CapitalIncreaseacquisitionOfShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the capital increaseacquisition of shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CapitalIncreaseacquisitionOfShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ChangesInInvestmentsInSubsidiariesJointlyControlledCompaniesJointOperationsAssociatesAndOtherInvestmentsComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ChangesInInvestmentsInSubsidiariesJointlyControlledCompaniesJointOperationsAssociatesAndOtherInvestmentsComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ConsolidationOfCbsi">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the consolidation of cbsi.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ConsolidationOfCbsi</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DividendsInInvestment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the dividends in investment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DividendsInInvestment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_EquityInResultsOfAffiliatedCompanies">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the equity in results of affiliated companies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_EquityInResultsOfAffiliatedCompanies</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OthersInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the others investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OthersInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ReclassificationOfUsiminasShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the reclassification of usiminas shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ReclassificationOfUsiminasShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_UpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the update of shares measured at fair value through profit or loss note14 ii.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_UpdateOfSharesMeasuredAtFairValueThroughProfitOrLossNote14Ii</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>106
<FILENAME>R87.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186189688">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 3) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2020</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInResultsOfAffiliatedCompanies', window );">Equity in results of affiliated companies</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 124,324<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 175,524<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 135,706<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EliminationsAbstract', window );"><strong>Eliminations</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EliminationsToCostOfSales', window );">To cost of sales</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(46,751)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(57,908)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EliminationsToTaxes', window );">To taxes</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,895<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">19,689<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersAbstract', window );"><strong>Others</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AmortizatedAtFairValueInvestmentInMrs', window );">Amortizated at fair value - Investment in MRS</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(11,747)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(11,747)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_Others', window );">Others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(9,966)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">157<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInResults', window );">Equity in results</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">71,755<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">125,715<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_MRSLogisticaSAMember', window );">MRS Logistica S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInResultsOfAffiliatedCompanies', window );">Equity in results of affiliated companies</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">160,370<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">187,597<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember', window );">CSBI - Companhia Brasileira de Servicos de Infraestrutura [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInResultsOfAffiliatedCompanies', window );">Equity in results of affiliated companies</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,695<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_TransnordestinaLogisticaSAMember', window );">Transnordestina logistica s.a [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInResultsOfAffiliatedCompanies', window );">Equity in results of affiliated companies</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(28,952)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(17,100)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_ArvediMetalferDoBrasilSAMember', window );">Arvedi Metalfer do Brasil S.A. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInResultsOfAffiliatedCompanies', window );">Equity in results of affiliated companies</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(6,765)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,682)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_EquimacSAMember', window );">Equimac S.A [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInResultsOfAffiliatedCompanies', window );">Equity in results of affiliated companies</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (329)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_OtherInvestmentMember', window );">Other [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInResultsOfAffiliatedCompanies', window );">Equity in results of affiliated companies</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 14<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The table below shows the reconciliation of the equity in results of affiliated companies classified as joint venture and associates and the amount disclosed in the income statement and it is due to the elimination of the results of the CSN's transactions with these companies.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Refers to equity income until November 30, 2019, as of this date, the joint venture started to be controlled and consolidated, according to note 10 c.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AmortizatedAtFairValueInvestmentInMrs">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the amortizated at fair value investment in mrs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AmortizatedAtFairValueInvestmentInMrs</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_EliminationsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_EliminationsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_EliminationsToCostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the eliminations to cost of sales.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_EliminationsToCostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_EliminationsToTaxes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the eliminations to taxes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_EliminationsToTaxes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_EquityInResults">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the equity in results.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_EquityInResults</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_EquityInResultsOfAffiliatedCompanies">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the equity in results of affiliated companies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_EquityInResultsOfAffiliatedCompanies</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_Others">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of others.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_Others</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OthersAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OthersAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_MRSLogisticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_MRSLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_CSBICompanhiaBrasileiraDeServicosDeInfraestruturaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_TransnordestinaLogisticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_TransnordestinaLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_ArvediMetalferDoBrasilSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_ArvediMetalferDoBrasilSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_EquimacSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_EquimacSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_OtherInvestmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_OtherInvestmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>107
<FILENAME>R88.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026184249368">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 4) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current Assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="nump">R$ 9,944,586<span></span>
</td>
<td class="nump">R$ 1,088,955<span></span>
</td>
<td class="nump">R$ 2,248,004<span></span>
</td>
<td class="nump">R$ 3,411,572<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentAssets', window );">Other current assets</a></td>
<td class="nump">367,814<span></span>
</td>
<td class="nump">390,581<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">23,386,194<span></span>
</td>
<td class="nump">12,725,805<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Noncurrent Assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other non-current assets</a></td>
<td class="nump">3,603,047<span></span>
</td>
<td class="nump">2,793,115<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">39,615,955<span></span>
</td>
<td class="nump">38,143,471<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total Assets</a></td>
<td class="nump">63,002,149<span></span>
</td>
<td class="nump">50,869,276<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current Liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermBorrowings', window );">Borrowings and financing</a></td>
<td class="nump">4,126,453<span></span>
</td>
<td class="nump">5,125,843<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLeaseLiabilities', window );">Lease liabilities</a></td>
<td class="nump">93,626<span></span>
</td>
<td class="nump">35,040<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">14,725,696<span></span>
</td>
<td class="nump">11,619,957<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Noncurrent Liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Borrowings and financing</a></td>
<td class="nump">31,144,200<span></span>
</td>
<td class="nump">22,841,193<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLeaseLiabilities', window );">Lease liabilities</a></td>
<td class="nump">436,505<span></span>
</td>
<td class="nump">439,350<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total non-current liabilities</a></td>
<td class="nump">37,024,948<span></span>
</td>
<td class="nump">27,887,387<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="nump">11,251,505<span></span>
</td>
<td class="nump">11,361,932<span></span>
</td>
<td class="nump">10,013,440<span></span>
</td>
<td class="nump">R$ 8,288,229<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">Total liabilities and shareholders' equity</a></td>
<td class="nump">63,002,149<span></span>
</td>
<td class="nump">50,869,276<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue</a></td>
<td class="nump">30,064,020<span></span>
</td>
<td class="nump">25,436,417<span></span>
</td>
<td class="nump">22,968,885<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales and services</a></td>
<td class="nump">19,124,901<span></span>
</td>
<td class="nump">17,263,264<span></span>
</td>
<td class="nump">16,105,657<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">10,939,119<span></span>
</td>
<td class="nump">8,173,153<span></span>
</td>
<td class="nump">6,863,228<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialIncomeExpensesNet', window );">Financial income (expenses), net</a></td>
<td class="num">(796,311)<span></span>
</td>
<td class="num">(2,131,184)<span></span>
</td>
<td class="num">(1,495,643)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Income before income tax and social contribution</a></td>
<td class="nump">R$ 4,918,126<span></span>
</td>
<td class="nump">1,410,733<span></span>
</td>
<td class="nump">R$ 5,450,917<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_MRSLogisticaSAMember', window );">MRS Logistica S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PercentageOfVotingEquityInterestsAcquired', window );">Equity interest (%)</a></td>
<td class="nump">34.94%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current Assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="nump">R$ 1,206,484<span></span>
</td>
<td class="nump">670,296<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAdvancesToSuppliers', window );">Advances to suppliers</a></td>
<td class="nump">27,312<span></span>
</td>
<td class="nump">20,100<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentAssets', window );">Other current assets</a></td>
<td class="nump">823,204<span></span>
</td>
<td class="nump">1,326,281<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">2,057,000<span></span>
</td>
<td class="nump">2,016,677<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Noncurrent Assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other non-current assets</a></td>
<td class="nump">608,878<span></span>
</td>
<td class="nump">789,562<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InvestmentsPpeAndIntangibleAssets', window );">Investments, PP&amp;E and intangible assets</a></td>
<td class="nump">8,537,009<span></span>
</td>
<td class="nump">8,316,033<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">9,145,887<span></span>
</td>
<td class="nump">9,105,595<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total Assets</a></td>
<td class="nump">11,202,887<span></span>
</td>
<td class="nump">11,122,272<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current Liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermBorrowings', window );">Borrowings and financing</a></td>
<td class="nump">828,439<span></span>
</td>
<td class="nump">653,784<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLeaseLiabilities', window );">Lease liabilities</a></td>
<td class="nump">317,526<span></span>
</td>
<td class="nump">256,034<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentLiabilities', window );">Other current liabilities</a></td>
<td class="nump">1,117,975<span></span>
</td>
<td class="nump">1,561,684<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">2,263,940<span></span>
</td>
<td class="nump">2,471,502<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Noncurrent Liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Borrowings and financing</a></td>
<td class="nump">2,162,657<span></span>
</td>
<td class="nump">2,369,615<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLeaseLiabilities', window );">Lease liabilities</a></td>
<td class="nump">1,674,594<span></span>
</td>
<td class="nump">1,650,758<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentLiabilities', window );">Other non-current liabilities</a></td>
<td class="nump">788,862<span></span>
</td>
<td class="nump">527,871<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total non-current liabilities</a></td>
<td class="nump">4,626,113<span></span>
</td>
<td class="nump">4,548,244<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="nump">4,312,834<span></span>
</td>
<td class="nump">4,102,526<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">Total liabilities and shareholders' equity</a></td>
<td class="nump">11,202,887<span></span>
</td>
<td class="nump">11,122,272<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue</a></td>
<td class="nump">3,604,965<span></span>
</td>
<td class="nump">3,200,809<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales and services</a></td>
<td class="num">(2,521,991)<span></span>
</td>
<td class="num">(2,382,828)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">1,082,974<span></span>
</td>
<td class="nump">817,981<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Operating (expenses) income</a></td>
<td class="num">(105,267)<span></span>
</td>
<td class="nump">207,840<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialIncomeExpensesNet', window );">Financial income (expenses), net</a></td>
<td class="num">(330,756)<span></span>
</td>
<td class="num">(268,089)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Income before income tax and social contribution</a></td>
<td class="nump">646,951<span></span>
</td>
<td class="nump">757,732<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CurrentAndDeferredIncomeTaxAndSocialContribution', window );">Current and deferred income tax and social contribution</a></td>
<td class="num">(216,649)<span></span>
</td>
<td class="num">(254,378)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Profit / (loss) for the period</a></td>
<td class="nump">R$ 430,302<span></span>
</td>
<td class="nump">503,354<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_TransnordestinaLogisticaSAMember', window );">Transnordestina logistica s.a [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PercentageOfVotingEquityInterestsAcquired', window );">Equity interest (%)</a></td>
<td class="nump">47.26%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current Assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="nump">R$ 1,390<span></span>
</td>
<td class="nump">17,166<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAdvancesToSuppliers', window );">Advances to suppliers</a></td>
<td class="nump">1,948<span></span>
</td>
<td class="nump">3,240<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentAssets', window );">Other current assets</a></td>
<td class="nump">51,793<span></span>
</td>
<td class="nump">59,405<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">55,131<span></span>
</td>
<td class="nump">79,811<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Noncurrent Assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other non-current assets</a></td>
<td class="nump">225,492<span></span>
</td>
<td class="nump">258,391<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InvestmentsPpeAndIntangibleAssets', window );">Investments, PP&amp;E and intangible assets</a></td>
<td class="nump">9,574,588<span></span>
</td>
<td class="nump">8,968,447<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">9,800,080<span></span>
</td>
<td class="nump">9,226,838<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total Assets</a></td>
<td class="nump">9,855,211<span></span>
</td>
<td class="nump">9,306,649<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current Liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermBorrowings', window );">Borrowings and financing</a></td>
<td class="nump">241,029<span></span>
</td>
<td class="nump">103,877<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentLiabilities', window );">Other current liabilities</a></td>
<td class="nump">125,794<span></span>
</td>
<td class="nump">171,821<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">366,823<span></span>
</td>
<td class="nump">275,698<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Noncurrent Liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Borrowings and financing</a></td>
<td class="nump">6,368,070<span></span>
</td>
<td class="nump">6,084,424<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentLiabilities', window );">Other non-current liabilities</a></td>
<td class="nump">665,653<span></span>
</td>
<td class="nump">430,603<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total non-current liabilities</a></td>
<td class="nump">7,033,723<span></span>
</td>
<td class="nump">6,515,027<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="nump">2,454,665<span></span>
</td>
<td class="nump">2,515,924<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">Total liabilities and shareholders' equity</a></td>
<td class="nump">9,855,211<span></span>
</td>
<td class="nump">9,306,649<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue</a></td>
<td class="nump">35<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">35<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Operating (expenses) income</a></td>
<td class="num">(42,108)<span></span>
</td>
<td class="num">(18,077)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialIncomeExpensesNet', window );">Financial income (expenses), net</a></td>
<td class="num">(19,186)<span></span>
</td>
<td class="num">(18,386)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Income before income tax and social contribution</a></td>
<td class="num">(61,259)<span></span>
</td>
<td class="num">(36,463)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Profit / (loss) for the period</a></td>
<td class="num">R$ (61,259)<span></span>
</td>
<td class="num">(36,463)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_EquimacSAMember', window );">Equimac S.A [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PercentageOfVotingEquityInterestsAcquired', window );">Equity interest (%)</a></td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current Assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="nump">R$ 1,351<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentAssets', window );">Other current assets</a></td>
<td class="nump">2,356<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">3,707<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Noncurrent Assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other non-current assets</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InvestmentsPpeAndIntangibleAssets', window );">Investments, PP&amp;E and intangible assets</a></td>
<td class="nump">11,365<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">11,365<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total Assets</a></td>
<td class="nump">15,072<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current Liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentLiabilities', window );">Other current liabilities</a></td>
<td class="nump">602<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">602<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Noncurrent Liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="nump">14,470<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">Total liabilities and shareholders' equity</a></td>
<td class="nump">15,072<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue</a></td>
<td class="nump">2,308<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales and services</a></td>
<td class="num">(2,386)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="num">(78)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Operating (expenses) income</a></td>
<td class="num">(576)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialIncomeExpensesNet', window );">Financial income (expenses), net</a></td>
<td class="num">(4)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Income before income tax and social contribution</a></td>
<td class="num">(658)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Profit / (loss) for the period</a></td>
<td class="num">R$ (658)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_ItaEnergeticaMember', window );">Ita Energetica [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PercentageOfVotingEquityInterestsAcquired', window );">Equity interest (%)</a></td>
<td class="nump">48.75%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssetsAbstract', window );"><strong>Current Assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CashAndCashEquivalents', window );">Cash and cash equivalents</a></td>
<td class="nump">R$ 48,919<span></span>
</td>
<td class="nump">65,793<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAdvancesToSuppliers', window );">Advances to suppliers</a></td>
<td class="nump">742<span></span>
</td>
<td class="nump">363<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentAssets', window );">Other current assets</a></td>
<td class="nump">89,521<span></span>
</td>
<td class="nump">15,955<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Total current assets</a></td>
<td class="nump">139,182<span></span>
</td>
<td class="nump">82,111<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssetsAbstract', window );"><strong>Noncurrent Assets</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentAssets', window );">Other non-current assets</a></td>
<td class="nump">20,807<span></span>
</td>
<td class="nump">24,361<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InvestmentsPpeAndIntangibleAssets', window );">Investments, PP&amp;E and intangible assets</a></td>
<td class="nump">390,672<span></span>
</td>
<td class="nump">426,403<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Total non-current assets</a></td>
<td class="nump">411,479<span></span>
</td>
<td class="nump">450,764<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">Total Assets</a></td>
<td class="nump">550,661<span></span>
</td>
<td class="nump">532,875<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilitiesAbstract', window );"><strong>Current Liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentLiabilities', window );">Other current liabilities</a></td>
<td class="nump">19,721<span></span>
</td>
<td class="nump">16,793<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Total current liabilities</a></td>
<td class="nump">19,721<span></span>
</td>
<td class="nump">16,793<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Noncurrent Liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentLiabilities', window );">Other non-current liabilities</a></td>
<td class="nump">15,900<span></span>
</td>
<td class="nump">16,550<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Total non-current liabilities</a></td>
<td class="nump">15,900<span></span>
</td>
<td class="nump">16,550<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Total equity</a></td>
<td class="nump">515,040<span></span>
</td>
<td class="nump">499,532<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EquityAndLiabilities', window );">Total liabilities and shareholders' equity</a></td>
<td class="nump">550,661<span></span>
</td>
<td class="nump">532,875<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue</a></td>
<td class="nump">173,426<span></span>
</td>
<td class="nump">163,048<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales and services</a></td>
<td class="num">(74,048)<span></span>
</td>
<td class="num">(83,129)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">99,378<span></span>
</td>
<td class="nump">79,919<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Operating (expenses) income</a></td>
<td class="num">(67,885)<span></span>
</td>
<td class="num">(62,660)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialIncomeExpensesNet', window );">Financial income (expenses), net</a></td>
<td class="num">(764)<span></span>
</td>
<td class="nump">1,183<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Income before income tax and social contribution</a></td>
<td class="nump">30,729<span></span>
</td>
<td class="nump">18,442<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CurrentAndDeferredIncomeTaxAndSocialContribution', window );">Current and deferred income tax and social contribution</a></td>
<td class="num">(10,391)<span></span>
</td>
<td class="num">(6,147)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Profit / (loss) for the period</a></td>
<td class="nump">R$ 20,338<span></span>
</td>
<td class="nump">12,295<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_CBSIMember', window );">CBSI [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilitiesAbstract', window );"><strong>Noncurrent Liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenue</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">267,436<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales and services</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(233,830)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">33,606<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Operating (expenses) income</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(12,328)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialIncomeExpensesNet', window );">Financial income (expenses), net</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,460)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossBeforeTax', window );">Income before income tax and social contribution</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">19,818<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CurrentAndDeferredIncomeTaxAndSocialContribution', window );">Current and deferred income tax and social contribution</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(6,428)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromContinuingOperations', window );">Profit / (loss) for the period</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 13,390<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a present economic resource controlled by the entity as a result of past events. Economic resource is a right that has the potential to produce economic benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CashAndCashEquivalents">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash on hand and demand deposits, along with short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value. [Refer: Cash; Cash equivalents]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 45<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_45&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B13<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B13_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CashAndCashEquivalents</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of costs relating to expenses directly or indirectly attributed to the goods or services sold, which may include, but are not limited to, costs previously included in the measurement of inventory that has now been sold, unallocated production overheads and abnormal amounts of production costs of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAdvancesToSuppliers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current advances made to suppliers before goods or services are received.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAdvancesToSuppliers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that the entity (a) expects to realise or intends to sell or consume in its normal operating cycle; (b) holds primarily for the purpose of trading; (c) expects to realise within twelve months after the reporting period; or (d) classifies as cash or cash equivalents (as defined in IAS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_i&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have an unconditional right to defer settlement for at least twelve months after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_iii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EquityAndLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of the entity's equity and liabilities. [Refer: Equity; Liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EquityAndLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue less cost of sales. [Refer: Cost of sales; Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_iv&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OperatingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of all operating expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OperatingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current assets that the entity does not separately disclose in the same statement or note. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current liabilities that the entity does not separately disclose in the same statement or note. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current assets that the entity does not separately disclose in the same statement or note. [Refer: Non-current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current liabilities that the entity does not separately disclose in the same statement or note. [Refer: Non-current liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PercentageOfVotingEquityInterestsAcquired">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of voting equity interests acquired in a business combination. [Refer: Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2020-01-01<br> -Paragraph B64<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B64_c&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PercentageOfVotingEquityInterestsAcquired</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossBeforeTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) before tax expense or income. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2020-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossBeforeTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing operations. [Refer: Continuing operations [member]; Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause vi<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_vi&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in assets, or decreases in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claims.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 32<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2020-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CurrentAndDeferredIncomeTaxAndSocialContribution">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current and deferred income tax and social contribution.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CurrentAndDeferredIncomeTaxAndSocialContribution</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FinancialIncomeExpensesNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial income expenses net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FinancialIncomeExpensesNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_InvestmentsPpeAndIntangibleAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of investments ppe and intangible assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_InvestmentsPpeAndIntangibleAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_MRSLogisticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_MRSLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_TransnordestinaLogisticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_TransnordestinaLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_EquimacSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_EquimacSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_ItaEnergeticaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_ItaEnergeticaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_CBSIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_CBSIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>108
<FILENAME>R89.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026194886200">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 5)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MeasurementOfRecoverableValueAxis=sid_CashFlowProjectionOneMember', window );">Cash Flow Projection One [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CashFlowProjection', window );">Cash Flow Projection</a></td>
<td class="text">Gross margin<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MeasurementOfRecoverableValueBy2057', window );">By 2057</a></td>
<td class="text">Estimated based on market study to capture cargo and operating costs according to market trend studies<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MeasurementOfRecoverableValueAxis=sid_CashFlowProjectionTwoMember', window );">Cash Flow Projection Two [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CashFlowProjection', window );">Cash Flow Projection</a></td>
<td class="text">Cost estimate<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MeasurementOfRecoverableValueBy2057', window );">By 2057</a></td>
<td class="text">Study-based costs and market trends<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MeasurementOfRecoverableValueAxis=sid_CashFlowProjectionThreeMember', window );">Cash Flow Projection Three [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CashFlowProjection', window );">Cash Flow Projection</a></td>
<td class="text">Perpetuity growth rate<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MeasurementOfRecoverableValueBy2057', window );">By 2057</a></td>
<td class="text">Growth rate was not considered as a result of the projection model until the end of the concession.<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MeasurementOfRecoverableValueAxis=sid_CashFlowProjectiFourMember', window );">Cash Flow Projection Four [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CashFlowProjection', window );">Cash Flow Projection</a></td>
<td class="text">Discount rate<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MeasurementOfRecoverableValueBy2057', window );">By 2057</a></td>
<td class="text">Range from 5.83% to 7.41% in real terms<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CashFlowProjection">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash flow projection.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CashFlowProjection</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_MeasurementOfRecoverableValueBy2057">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the measurement of recoverable value by2057.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_MeasurementOfRecoverableValueBy2057</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_MeasurementOfRecoverableValueAxis=sid_CashFlowProjectionOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_MeasurementOfRecoverableValueAxis=sid_CashFlowProjectionOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_MeasurementOfRecoverableValueAxis=sid_CashFlowProjectionTwoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_MeasurementOfRecoverableValueAxis=sid_CashFlowProjectionTwoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_MeasurementOfRecoverableValueAxis=sid_CashFlowProjectionThreeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_MeasurementOfRecoverableValueAxis=sid_CashFlowProjectionThreeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_MeasurementOfRecoverableValueAxis=sid_CashFlowProjectiFourMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_MeasurementOfRecoverableValueAxis=sid_CashFlowProjectiFourMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>109
<FILENAME>R90.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026182244760">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 6) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentProperty', window );">Balance at beginning</a></td>
<td class="nump">R$ 159,874<span></span>
</td>
<td class="nump">R$ 101,195<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CostInInvestmentProperties', window );">Cost</a></td>
<td class="nump">184,158<span></span>
</td>
<td class="nump">122,693<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AccumulatedDepreciation', window );">Accumulated depreciation</a></td>
<td class="num">(24,284)<span></span>
</td>
<td class="num">(21,498)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty', window );">Acquisitions</a></td>
<td class="nump">61,597<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationInvestmentProperty', window );">Depreciation</a></td>
<td class="num">(2,786)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WriteoffOfInvestmentProperties', window );">Write-off</a></td>
<td class="num">(132)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentProperty', window );">Balance at beginning</a></td>
<td class="nump">159,874<span></span>
</td>
<td class="nump">159,874<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=ifrs-full_LandMember', window );">Land [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentProperty', window );">Balance at beginning</a></td>
<td class="nump">97,610<span></span>
</td>
<td class="nump">68,877<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CostInInvestmentProperties', window );">Cost</a></td>
<td class="nump">97,610<span></span>
</td>
<td class="nump">68,877<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty', window );">Acquisitions</a></td>
<td class="nump">28,733<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentProperty', window );">Balance at beginning</a></td>
<td class="nump">97,610<span></span>
</td>
<td class="nump">97,610<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=ifrs-full_BuildingsMember', window );">Buildings and infrastructure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentProperty', window );">Balance at beginning</a></td>
<td class="nump">62,264<span></span>
</td>
<td class="nump">32,318<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CostInInvestmentProperties', window );">Cost</a></td>
<td class="nump">86,548<span></span>
</td>
<td class="nump">53,816<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AccumulatedDepreciation', window );">Accumulated depreciation</a></td>
<td class="num">(24,284)<span></span>
</td>
<td class="num">(21,498)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty', window );">Acquisitions</a></td>
<td class="nump">32,864<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationInvestmentProperty', window );">Depreciation</a></td>
<td class="num">(2,786)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WriteoffOfInvestmentProperties', window );">Write-off</a></td>
<td class="num">(132)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InvestmentProperty', window );">Balance at beginning</a></td>
<td class="nump">R$ 62,264<span></span>
</td>
<td class="nump">R$ 62,264<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase in investment property resulting from acquisitions through business combinations. [Refer: Business combinations [member]; Investment property]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2020-01-01<br> -Paragraph 76<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=40&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_76_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2020-01-01<br> -Paragraph 79<br> -Subparagraph d<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=40&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_79_d_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AcquisitionsThroughBusinessCombinationsInvestmentProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DepreciationInvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation recognised on investment property. [Refer: Depreciation and amortisation expense; Investment property]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2020-01-01<br> -Paragraph 79<br> -Subparagraph d<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=40&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_79_d_iv&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2020-01-01<br> -Paragraph 76<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=40&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_76&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DepreciationInvestmentProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InvestmentProperty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of property (land or a building - or part of a building - or both) held (by the owner or by the lessee as a right-of-use asset) to earn rentals or for capital appreciation or both, rather than for: (a) use in the production or supply of goods or services or for administrative purposes; or (b) sale in the ordinary course of business.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2020-01-01<br> -Paragraph 76<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=40&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_76&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 40<br> -IssueDate 2020-01-01<br> -Paragraph 79<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=40&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_79_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InvestmentProperty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AccumulatedDepreciation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of accumulated depreciation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AccumulatedDepreciation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CostInInvestmentProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cost in investment properties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CostInInvestmentProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_WriteoffOfInvestmentProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of writeoff of investment properties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_WriteoffOfInvestmentProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInvestmentPropertyAxis=ifrs-full_LandMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInvestmentPropertyAxis=ifrs-full_LandMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInvestmentPropertyAxis=ifrs-full_BuildingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInvestmentPropertyAxis=ifrs-full_BuildingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>110
<FILENAME>R91.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189597624">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 7)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfInvestmentPropertyAxis=ifrs-full_BuildingsMember', window );">Buildings and infrastructure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Useful lives</a></td>
<td class="text">27 years<span></span>
</td>
<td class="text">21 years<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The useful life, measured as period of time, used for property, plant and equipment. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 73<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_73_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfInvestmentPropertyAxis=ifrs-full_BuildingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfInvestmentPropertyAxis=ifrs-full_BuildingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>111
<FILENAME>R92.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026182291496">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details Narrative) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1">1 Months Ended</th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Nov. 29, 2019</div></th>
<th class="th"><div>Nov. 13, 2019</div></th>
<th class="th"><div>Nov. 30, 2015</div></th>
<th class="th"><div>May 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 4,292,618<span></span>
</td>
<td class="nump">R$ 2,244,511<span></span>
</td>
<td class="nump">R$ 5,200,583<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment, net of depreciation</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">19,716,223<span></span>
</td>
<td class="nump">19,700,944<span></span>
</td>
<td class="nump">R$ 18,046,864<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FairValueOfInvestmentProperties', window );">Fair value of investment properties</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 1,863,563<span></span>
</td>
<td class="nump">1,781,019<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=sid_ClassBPreferredSharesMember', window );">Class B preferred shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NumberOfSharesTransfer', window );">Total number of shares transfer</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,677,816<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NumberOfSharesTransferOne', window );">Number of shares transfer to CSN</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">501,789<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=sid_CommonSharesMember', window );">Common shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfStakes', window );">Percentage of stake</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">15.19%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=sid_PreferredSharesMember', window );">Preferred shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfStakes', window );">Percentage of stake</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">20.29%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember', window );">COMPANHIA BRASILEIRA DE INFRASTRUCTURE SERVICES [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfInterest', window );">Percentage of interest</a></td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AcquisitionSharesAmount', window );">Acquisition shares amount</a></td>
<td class="nump">R$ 24,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Goodwill', window );">Goodwill</a></td>
<td class="nump">R$ 15,225<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_TransLogisticaSAMember', window );">Transnordestina logistica s.a [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfInterest', window );">Percentage of interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">47.26%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfVotingCapital', window );">Percentage of voting capital</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">92.60%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_EquimacSAMember', window );">Equimac S.A [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfStakes', window );">Percentage of stake</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_PANATLANTICASAMember', window );">PANATLANTICA SA [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfInterest', window );">Percentage of interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">11.31%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_ArvediMetalferDoBrasilSAMember', window );">Arvedi Metalfer do Brasil S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfStakes', window );">Percentage of stake</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">20.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LegalEntityOneAxis=sid_FTLFerroviaTransnordestinaLogisticaSAMember', window );">FTL - FERROVIA TRANSNORDESTINA LOGISTICA SA ("FTL") [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShareIssueRelatedCost', window );">Subscribed shares amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 27,670<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 293<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LegalEntityOneAxis=sid_FtlFerroviaTransnordestionaLogisticAsaMember', window );">FTL - FERROVIA TRANSNORDESTINA LOGISTICA SA ("FTL") [member] | Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfInterest', window );">Percentage of interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">91.69%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LegalEntityOneAxis=sid_FtlFerroviaTransnordestionaLogisticAsaMember', window );">FTL - FERROVIA TRANSNORDESTINA LOGISTICA SA ("FTL") [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfInterest', window );">Percentage of interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">92.38%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LegalEntityOneAxis=sid_MRSMember', window );">MRS. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfStakes', window );">Percentage of stake</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">18.63%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LegalEntityOneAxis=sid_CSNMineracaoSAMember', window );">CSN Mineracao SA [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfInterest', window );">Percentage of interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">87.52%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LegalEntityOneAxis=sid_CKTRBrasilServicosLtdaMember', window );">CKTR Brasil Servicos Ltda [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfStakes', window );">Percentage of stake</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LegalEntityOneAxis=sid_ENGIEBrasilEnergiaSAMember', window );">ENGIE Brasil Energia S.A [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfInterest', window );">Percentage of interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">48.75%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LegalEntityOneAxis=sid_MRSLogisticaSAMember', window );">MRS Logistica S.A. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ConcessionTerm', window );">Concession term</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">30 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfHoldingInOtherEntity', window );">Description of holding in other entity</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">The Company directly holds an 18.64% interest in the capital of MRS and indirectly, through its subsidiary CSN Mineracao SA, a 16.30% interest in the capital of MRS, totaling a 34.94% interest.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LegalEntityOneAxis=sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember', window );">CONSORCIO DA USINA HIDRELETRICA DE IGARAPAVA [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems', window );"><strong>BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfInterest', window );">Percentage of interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">17.92%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Property, plant and equipment, net of depreciation</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 21,287<span></span>
</td>
<td class="nump">22,441<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherExpense', window );">Expense</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 6,611<span></span>
</td>
<td class="nump">R$ 6,497<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Goodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognised. [Refer: Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2020-01-01<br> -Paragraph B67<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B67_d&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2020-01-01<br> -Paragraph 134<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_134_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2020-01-01<br> -Paragraph 135<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_135_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Goodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2020-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2020-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2021-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2020-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of tangible assets that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShareIssueRelatedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cost related to the issuance of shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShareIssueRelatedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AcquisitionSharesAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of acquisition shares amount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AcquisitionSharesAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ConcessionTerm">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the concession term.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ConcessionTerm</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DescriptionOfHoldingInOtherEntity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the description of holding in other entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DescriptionOfHoldingInOtherEntity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FairValueOfInvestmentProperties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of fair value of investment properties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FairValueOfInvestmentProperties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_NumberOfSharesTransfer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the number of shares transfer.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_NumberOfSharesTransfer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_NumberOfSharesTransferOne">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the number of shares transfer one.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_NumberOfSharesTransferOne</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PercentageOfInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the percentage of interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PercentageOfInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PercentageOfStakes">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the percentage of stakes.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PercentageOfStakes</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PercentageOfVotingCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the percentage of voting capital.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PercentageOfVotingCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=sid_ClassBPreferredSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=sid_ClassBPreferredSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=sid_CommonSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=sid_CommonSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=sid_PreferredSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=sid_PreferredSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_COMPANHIABRASILEIRADEINFRASTRUCTURESERVICESMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_TransLogisticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_TransLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_EquimacSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_EquimacSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_PANATLANTICASAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_PANATLANTICASAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_ArvediMetalferDoBrasilSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_ArvediMetalferDoBrasilSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LegalEntityOneAxis=sid_FTLFerroviaTransnordestinaLogisticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LegalEntityOneAxis=sid_FTLFerroviaTransnordestinaLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LegalEntityOneAxis=sid_FtlFerroviaTransnordestionaLogisticAsaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LegalEntityOneAxis=sid_FtlFerroviaTransnordestionaLogisticAsaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LegalEntityOneAxis=sid_MRSMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LegalEntityOneAxis=sid_MRSMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LegalEntityOneAxis=sid_CSNMineracaoSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LegalEntityOneAxis=sid_CSNMineracaoSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LegalEntityOneAxis=sid_CKTRBrasilServicosLtdaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LegalEntityOneAxis=sid_CKTRBrasilServicosLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LegalEntityOneAxis=sid_ENGIEBrasilEnergiaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LegalEntityOneAxis=sid_ENGIEBrasilEnergiaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LegalEntityOneAxis=sid_MRSLogisticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LegalEntityOneAxis=sid_MRSLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LegalEntityOneAxis=sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LegalEntityOneAxis=sid_ConsorcioDaUsinaHidreletricaDeIgarapavaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>112
<FILENAME>R93.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026183746152">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>11. PROPERTY, PLANT AND EQUIPMENT (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 19,700,944<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 18,046,864<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">287,995<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">15,136<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisitions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,762,281<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,492,669<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CapitalizedInterestPropertyPlantAndEquipment', window );">Capitalized interest (notes 28 and 33)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">92,506<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">117,189<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Write-offs (note 27)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(12,998)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(114,603)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Depreciation (note 26)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,439,322)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,466,219)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers to other asset categories</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill', window );">Transfer to intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,633)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(11,896)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment', window );">Right of use- Initial recognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">640,989<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightOfUseRemesurementPropertyPlantAndEquipment', window );">Right of use - Remesurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">60,058<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(151,558)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AroUpdatesPropertyPlantAndEquipment', window );">Update of the ARO (Asset retirement obligation)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">269,445<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">225,125<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment', window );">Transfers to investment property</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(101,195)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ConsolidationCBSIPropertyPlantAndEquipment', window );">Consolidation CBSI</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,123<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersPropertyPlantAndEquipment', window );">Others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(53)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(680)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">19,716,223<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">19,700,944<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Right-of-use assets [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">472,345<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">4,329<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisitions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">49,934<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">43,111<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Write-offs (note 27)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(7,318)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(1,354)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Depreciation (note 26)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(62,680)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(58,843)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment', window );">Right of use- Initial recognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">640,989<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightOfUseRemesurementPropertyPlantAndEquipment', window );">Right of use - Remesurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">60,058<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(151,558)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">516,668<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">472,345<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">33,154,403<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">30,269,600<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">36,136,110<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">33,154,403<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Cost [member] | Right-of-use assets [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">531,044<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">634,786<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">531,044<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember', window );">Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(13,453,459)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(12,222,736)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(16,419,887)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(13,453,459)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember', window );">Accumulated depreciation [member] | Right-of-use assets [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(58,699)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(118,118)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(58,699)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandMember', window );">Land [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">226,949<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">287,854<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">30,271<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,499<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisitions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">654<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,125<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Write-offs (note 27)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(188)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,143)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Depreciation (note 26)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(458)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers to other asset categories</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">458<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">790<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment', window );">Transfers to investment property</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(67,176)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">257,686<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">226,949<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandMember', window );">Land [member] | Right-of-use assets [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment', window );">Right of use- Initial recognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">556,133<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandMember', window );">Land [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">226,949<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">287,854<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">257,686<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">226,949<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember', window );">Buildings and infrastructure [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,062,238<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,678,638<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">57,838<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,978<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisitions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">865<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">16,116<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CapitalizedInterestPropertyPlantAndEquipment', window );">Capitalized interest (notes 28 and 33)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">13<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Write-offs (note 27)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(130)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Depreciation (note 26)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(780,395)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(135,313)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers to other asset categories</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">67,574<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">294,872<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill', window );">Transfer to intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(31)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AroUpdatesPropertyPlantAndEquipment', window );">Update of the ARO (Asset retirement obligation)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">269,445<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">225,125<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment', window );">Transfers to investment property</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(20,030)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,677,565<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,062,238<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember', window );">Buildings and infrastructure [member] | Right-of-use assets [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment', window );">Right of use- Initial recognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">54,513<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember', window );">Buildings and infrastructure [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,250,471<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,751,429<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,752,412<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,250,471<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember', window );">Buildings and infrastructure [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,188,233)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,072,791)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,074,847)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,188,233)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember', window );">Machinery, equipment and facilities [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,603,619<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">11,687,271<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">186,591<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">8,033<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisitions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">122,744<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">459,460<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Write-offs (note 27)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,073)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(80,426)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Depreciation (note 26)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,564,525)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,241,026)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers to other asset categories</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,112,024<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,766,047<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill', window );">Transfer to intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment', window );">Right of use- Initial recognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightOfUseRemesurementPropertyPlantAndEquipment', window );">Right of use - Remesurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AroUpdatesPropertyPlantAndEquipment', window );">Update of the ARO (Asset retirement obligation)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment', window );">Transfers to investment property</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ConsolidationCBSIPropertyPlantAndEquipment', window );">Consolidation CBSI</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,940<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersPropertyPlantAndEquipment', window );">Others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(680)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,457,383<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">12,603,619<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember', window );">Machinery, equipment and facilities [member] | Right-of-use assets [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment', window );">Right of use- Initial recognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,783<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember', window );">Machinery, equipment and facilities [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">24,372,514<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">22,426,782<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">26,213,225<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">24,372,514<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember', window );">Machinery, equipment and facilities [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(11,768,895)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(10,739,511)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(13,755,842)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(11,768,895)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember', window );">Fixtures and fixtures [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">28,455<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">30,530<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,416<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">106<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisitions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">874<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,763<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Write-offs (note 27)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(33)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Depreciation (note 26)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(6,747)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(5,999)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers to other asset categories</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,338<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,629<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill', window );">Transfer to intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment', window );">Right of use- Initial recognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightOfUseRemesurementPropertyPlantAndEquipment', window );">Right of use - Remesurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AroUpdatesPropertyPlantAndEquipment', window );">Update of the ARO (Asset retirement obligation)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment', window );">Transfers to investment property</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ConsolidationCBSIPropertyPlantAndEquipment', window );">Consolidation CBSI</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(573)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersPropertyPlantAndEquipment', window );">Others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(6)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">26,297<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">28,455<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember', window );">Fixtures and fixtures [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">170,229<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">165,331<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">182,974<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">170,229<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember', window );">Fixtures and fixtures [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(141,774)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(134,801)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(156,677)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(141,774)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_ConstructionInProgressMember', window );">Construction in progress [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,217,052<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,282,436<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,727<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,464<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisitions</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,583,054<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,924,520<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CapitalizedInterestPropertyPlantAndEquipment', window );">Capitalized interest (notes 28 and 33)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">92,506<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">117,176<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Write-offs (note 27)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(9)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(30,400)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers to other asset categories</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,212,373)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,053,290)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill', window );">Transfer to intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(4,633)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(11,865)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment', window );">Right of use- Initial recognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightOfUseRemesurementPropertyPlantAndEquipment', window );">Right of use - Remesurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AroUpdatesPropertyPlantAndEquipment', window );">Update of the ARO (Asset retirement obligation)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment', window );">Transfers to investment property</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(13,989)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ConsolidationCBSIPropertyPlantAndEquipment', window );">Consolidation CBSI</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersPropertyPlantAndEquipment', window );">Others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,680,322<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,217,052<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_ConstructionInProgressMember', window );">Construction in progress [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,217,052<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,282,436<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,680,322<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,217,052<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember', window );">Other [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">90,286<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">80,135<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">1,823<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">56<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment', window );">Acquisitions</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">4,156<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">41,574<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisposalsPropertyPlantAndEquipment', window );">Write-offs (note 27)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(2,377)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(149)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationPropertyPlantAndEquipment', window );">Depreciation (note 26)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(24,517)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(25,038)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment', window );">Transfers to other asset categories</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">30,979<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(11,048)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill', window );">Transfer to intangible assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment', window );">Right of use- Initial recognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightOfUseRemesurementPropertyPlantAndEquipment', window );">Right of use - Remesurement</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AroUpdatesPropertyPlantAndEquipment', window );">Update of the ARO (Asset retirement obligation)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment', window );">Transfers to investment property</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ConsolidationCBSIPropertyPlantAndEquipment', window );">Consolidation CBSI</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,756<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersPropertyPlantAndEquipment', window );">Others</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(48)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">100,302<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">90,286<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember', window );">Other [member] | Right-of-use assets [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment', window );">Right of use- Initial recognition</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">20,560<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember', window );">Other [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">386,144<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">355,768<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">414,705<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">386,144<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember', window );">Other [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">(295,858)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(275,633)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipment', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="num">R$ (314,403)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">R$ (295,858)<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The cost of capitalized interest is calculated, basically, for Mining projects that substantially refer to the expansion of Casa de Pedra (MG) and TECAR (RJ) - see notes 28 and 33. The average rate used for the capitalization of interest on non-specific projects in the period ended December 31 2020 was 5.62% per year (6.58% per year as of December 31, 2019).</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Refer substantially to: i) in the consolidated picture: assets for railway use, such as yards, rails, mines and dormant;</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase in property, plant and equipment resulting from acquisitions through business combinations. [Refer: Business combinations [member]; Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_73_e_iii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AcquisitionsThroughBusinessCombinationsPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DepreciationPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation of property, plant and equipment. [Refer: Depreciation and amortisation expense; Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause vii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_73_e_vii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 75<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_75_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DepreciationPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisposalsPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease in property, plant and equipment resulting from disposals. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_73_e_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisposalsPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in property, plant and equipment resulting from net exchange differences arising on the translation of the financial statements from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_73_e_viii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in property, plant and equipment resulting from transfers from (to) investment property. [Refer: Property, plant and equipment; Investment property]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTransfersFromToInvestmentPropertyPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in intangible assets other than goodwill resulting from transfers. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2020-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_118_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTransfersIntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in property, plant and equipment resulting from transfers. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of tangible assets that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and (b) are expected to be used during more than one period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AroUpdatesPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount represent updates property plant and equipment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AroUpdatesPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CapitalizedInterestPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to capitalized interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CapitalizedInterestPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ConsolidationCBSIPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to consolidation cbsi.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ConsolidationCBSIPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OthersPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to others.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OthersPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to right of use- initial recognition.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RightOfUseInitialRecognitionPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RightOfUseRemesurementPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to right of use - remesurement .</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RightOfUseRemesurementPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_ConstructionInProgressMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_ConstructionInProgressMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>113
<FILENAME>R94.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026178872232">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>11. PROPERTY, PLANT AND EQUIPMENT (Details 1) - Right-of-use assets [member] - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning</a></td>
<td class="nump">R$ 472,345<span></span>
</td>
<td class="nump">R$ 640,989<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities', window );">Effect of foreign exchange differences</a></td>
<td class="nump">4,329<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Addition</a></td>
<td class="nump">49,934<span></span>
</td>
<td class="nump">43,111<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightofuseAssetsRemeasurement', window );">Remesurement</a></td>
<td class="nump">60,058<span></span>
</td>
<td class="num">(151,558)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationRightofuseAssets', window );">Depreciation</a></td>
<td class="num">(62,680)<span></span>
</td>
<td class="num">(58,843)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WriteOffRightOfuseAssets', window );">Write-offs</a></td>
<td class="num">(7,318)<span></span>
</td>
<td class="num">(1,354)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end</a></td>
<td class="nump">516,668<span></span>
</td>
<td class="nump">472,345<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Cost [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning</a></td>
<td class="nump">531,044<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities', window );">Effect of foreign exchange differences</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WriteOffRightOfuseAssets', window );">Write-offs</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end</a></td>
<td class="nump">634,786<span></span>
</td>
<td class="nump">531,044<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember', window );">Accumulated depreciation [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning</a></td>
<td class="num">(58,699)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities', window );">Effect of foreign exchange differences</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WriteOffRightOfuseAssets', window );">Write-offs</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end</a></td>
<td class="num">(118,118)<span></span>
</td>
<td class="num">(58,699)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandMember', window );">Land [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning</a></td>
<td class="nump">380,566<span></span>
</td>
<td class="nump">556,133<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Addition</a></td>
<td class="nump">9,039<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightofuseAssetsRemeasurement', window );">Remesurement</a></td>
<td class="nump">34,645<span></span>
</td>
<td class="num">(152,915)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationRightofuseAssets', window );">Depreciation</a></td>
<td class="num">(24,467)<span></span>
</td>
<td class="num">(21,314)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WriteOffRightOfuseAssets', window );">Write-offs</a></td>
<td class="num">(6,580)<span></span>
</td>
<td class="num">(1,338)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TransfersToOtherAssetCategories', window );">Transfers to other asset categories</a></td>
<td class="num">(188)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end</a></td>
<td class="nump">393,015<span></span>
</td>
<td class="nump">380,566<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandMember', window );">Land [member] | Cost [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning</a></td>
<td class="nump">401,746<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities', window );">Effect of foreign exchange differences</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WriteOffRightOfuseAssets', window );">Write-offs</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end</a></td>
<td class="nump">434,689<span></span>
</td>
<td class="nump">401,746<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandMember', window );">Land [member] | Accumulated depreciation [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning</a></td>
<td class="num">(21,180)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities', window );">Effect of foreign exchange differences</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WriteOffRightOfuseAssets', window );">Write-offs</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end</a></td>
<td class="num">(41,674)<span></span>
</td>
<td class="num">(21,180)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember', window );">Buildings and infrastructure [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning</a></td>
<td class="nump">64,154<span></span>
</td>
<td class="nump">54,513<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities', window );">Effect of foreign exchange differences</a></td>
<td class="nump">988<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Addition</a></td>
<td class="nump">4,561<span></span>
</td>
<td class="nump">6,719<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightofuseAssetsRemeasurement', window );">Remesurement</a></td>
<td class="nump">3,827<span></span>
</td>
<td class="nump">12,112<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationRightofuseAssets', window );">Depreciation</a></td>
<td class="num">(983)<span></span>
</td>
<td class="num">(9,190)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WriteOffRightOfuseAssets', window );">Write-offs</a></td>
<td class="num">(399)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TransfersToOtherAssetCategories', window );">Transfers to other asset categories</a></td>
<td class="num">(6,062)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end</a></td>
<td class="nump">66,086<span></span>
</td>
<td class="nump">64,154<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember', window );">Buildings and infrastructure [member] | Cost [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning</a></td>
<td class="nump">73,344<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities', window );">Effect of foreign exchange differences</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WriteOffRightOfuseAssets', window );">Write-offs</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end</a></td>
<td class="nump">75,882<span></span>
</td>
<td class="nump">73,344<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember', window );">Buildings and infrastructure [member] | Accumulated depreciation [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning</a></td>
<td class="num">(9,190)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities', window );">Effect of foreign exchange differences</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WriteOffRightOfuseAssets', window );">Write-offs</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end</a></td>
<td class="num">(9,796)<span></span>
</td>
<td class="num">(9,190)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember', window );">Machinery, equipment and facilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning</a></td>
<td class="nump">24,144<span></span>
</td>
<td class="nump">9,783<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities', window );">Effect of foreign exchange differences</a></td>
<td class="nump">294<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Addition</a></td>
<td class="nump">23,720<span></span>
</td>
<td class="nump">34,197<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightofuseAssetsRemeasurement', window );">Remesurement</a></td>
<td class="nump">21,557<span></span>
</td>
<td class="num">(4,525)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationRightofuseAssets', window );">Depreciation</a></td>
<td class="num">(14,211)<span></span>
</td>
<td class="num">(15,311)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TransfersToOtherAssetCategories', window );">Transfers to other asset categories</a></td>
<td class="num">(3,558)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end</a></td>
<td class="nump">51,946<span></span>
</td>
<td class="nump">24,144<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember', window );">Machinery, equipment and facilities [member] | Cost [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning</a></td>
<td class="nump">39,455<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities', window );">Effect of foreign exchange differences</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WriteOffRightOfuseAssets', window );">Write-offs</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end</a></td>
<td class="nump">81,598<span></span>
</td>
<td class="nump">39,455<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember', window );">Machinery, equipment and facilities [member] | Accumulated depreciation [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning</a></td>
<td class="num">(15,311)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities', window );">Effect of foreign exchange differences</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WriteOffRightOfuseAssets', window );">Write-offs</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end</a></td>
<td class="num">(29,652)<span></span>
</td>
<td class="num">(15,311)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember', window );">Other [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning</a></td>
<td class="nump">3,481<span></span>
</td>
<td class="nump">20,560<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities', window );">Effect of foreign exchange differences</a></td>
<td class="nump">3,047<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionsToRightofuseAssets', window );">Addition</a></td>
<td class="nump">12,614<span></span>
</td>
<td class="nump">2,195<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightofuseAssetsRemeasurement', window );">Remesurement</a></td>
<td class="nump">29<span></span>
</td>
<td class="num">(6,230)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepreciationRightofuseAssets', window );">Depreciation</a></td>
<td class="num">(23,019)<span></span>
</td>
<td class="num">(13,028)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WriteOffRightOfuseAssets', window );">Write-offs</a></td>
<td class="num">(339)<span></span>
</td>
<td class="num">(16)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TransfersToOtherAssetCategories', window );">Transfers to other asset categories</a></td>
<td class="nump">9,808<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end</a></td>
<td class="nump">5,621<span></span>
</td>
<td class="nump">3,481<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember', window );">Other [member] | Cost [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning</a></td>
<td class="nump">16,499<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities', window );">Effect of foreign exchange differences</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WriteOffRightOfuseAssets', window );">Write-offs</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end</a></td>
<td class="nump">42,617<span></span>
</td>
<td class="nump">16,499<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember', window );">Other [member] | Accumulated depreciation [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at beginning</a></td>
<td class="num">(13,018)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities', window );">Effect of foreign exchange differences</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WriteOffRightOfuseAssets', window );">Write-offs</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RightofuseAssets', window );">Balance at end</a></td>
<td class="num">R$ (36,996)<span></span>
</td>
<td class="num">R$ (13,018)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionsToRightofuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additions to right-of-use assets. [Refer: Right-of-use assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 53<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_53_h&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionsToRightofuseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DepreciationRightofuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciation of right-of-use assets. [Refer: Depreciation and amortisation expense; Right-of-use assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 53<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_53_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DepreciationRightofuseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in liabilities arising from financing activities resulting from the effect of changes in foreign exchange rates. [Refer: Liabilities arising from financing activities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 44B<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_44B_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RightofuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that represent a lessee's right to use an underlying asset for the lease term. Underlying asset is an asset that is the subject of a lease, for which the right to use that asset has been provided by a lessor to a lessee.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 53<br> -Subparagraph j<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_53_j&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RightofuseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RightofuseAssetsRemeasurement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of rightofuse assets remeasurement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RightofuseAssetsRemeasurement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TransfersToOtherAssetCategories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of transfers to other asset categories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TransfersToOtherAssetCategories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_WriteOffRightOfuseAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to write off right ofuse assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_WriteOffRightOfuseAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfAssetsAxis=ifrs-full_RightofuseAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_LandMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>114
<FILENAME>R95.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186493448">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>11. PROPERTY, PLANT AND EQUIPMENT (Details 2)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember', window );">Buildings and infrastructure [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Average estimated useful lives</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">34 years<span></span>
</td>
<td class="text">38 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember', window );">Machinery, equipment and facilities [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Average estimated useful lives</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">20 years<span></span>
</td>
<td class="text">21 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember', window );">Fixtures and fixtures [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Average estimated useful lives</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">12 years<span></span>
</td>
<td class="text">12 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember', window );">Other [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems', window );"><strong>Disclosure of detailed information about property, plant and equipment [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment', window );">Average estimated useful lives</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">10 years<span></span>
</td>
<td class="text">14 years<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The decrease was caused by the review of the useful lives of dams infrastructure as a result of technical and functional obsolescence recorded in 2020 as a result of the use of filter and stack dry tailings in our iron ore production.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfPropertyPlantAndEquipmentLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The useful life, measured as period of time, used for property, plant and equipment. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 73<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_73_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_BuildingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_MachineryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_FixturesAndFittingsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=ifrs-full_OtherPropertyPlantAndEquipmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>115
<FILENAME>R96.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026231579912">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>11. PROPERTY, PLANT AND EQUIPMENT (Details Narrative)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PropertyPlantAndEquipmentAbstract', window );"><strong>Property, plant and equipment [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CapitalizedBorrowingsNonSpecificProjectsRate', window );">Average rate used for capitalization of interest on non-specific projects</a></td>
<td class="nump">5.62%<span></span>
</td>
<td class="nump">6.58%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PropertyPlantAndEquipmentAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PropertyPlantAndEquipmentAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CapitalizedBorrowingsNonSpecificProjectsRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information about capitalized borrowing non specific projects rate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CapitalizedBorrowingsNonSpecificProjectsRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>116
<FILENAME>R97.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026185705848">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>12. INTANGIBLE ASSETS (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 7,231,781<span></span>
</td>
<td class="nump">R$ 7,253,175<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">158,649<span></span>
</td>
<td class="nump">7,839<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill', window );">Acquisitions and expeditures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,837<span></span>
</td>
<td class="nump">1,427<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment', window );">Transfer to property, plant and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,633<span></span>
</td>
<td class="nump">11,896<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization (note 26)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(79,955)<span></span>
</td>
<td class="num">(58,129)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill - Acquisition 50% CBSI</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">15,225<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ConsolidationCBSIntangibleAssetsAndGoodwill', window );">Consolidation CBSI on November 30, 2019.</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">348<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersIntangibleAssets', window );">Others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(151)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,316,794<span></span>
</td>
<td class="nump">7,231,781<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember', window );">Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,947,578<span></span>
</td>
<td class="nump">7,903,220<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8,263,532<span></span>
</td>
<td class="nump">7,947,578<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember', window );">Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(606,467)<span></span>
</td>
<td class="num">(540,715)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(837,408)<span></span>
</td>
<td class="num">(606,467)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=sid_AdjustmentForAccumulatedRecoverableValueMember', window );">Adjustment for accumulated recoverable value [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(109,330)<span></span>
</td>
<td class="num">(109,330)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(109,330)<span></span>
</td>
<td class="num">(109,330)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_GoodwillMember', window );">Goodwill [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,606,156<span></span>
</td>
<td class="nump">3,590,931<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill', window );">Acquisitions and expeditures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment', window );">Transfer to property, plant and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization (note 26)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill - Acquisition 50% CBSI</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">15,225<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ConsolidationCBSIntangibleAssetsAndGoodwill', window );">Consolidation CBSI on November 30, 2019.</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,606,156<span></span>
</td>
<td class="nump">3,606,156<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_GoodwillMember', window );">Goodwill [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,846,563<span></span>
</td>
<td class="nump">3,831,338<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,846,563<span></span>
</td>
<td class="nump">3,846,563<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_GoodwillMember', window );">Goodwill [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(131,077)<span></span>
</td>
<td class="num">(131,077)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(131,077)<span></span>
</td>
<td class="num">(131,077)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_GoodwillMember', window );">Goodwill [member] | Adjustment for accumulated recoverable value [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(109,330)<span></span>
</td>
<td class="num">(109,330)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(109,330)<span></span>
</td>
<td class="num">(109,330)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_CustomerrelatedIntangibleAssetsMember', window );">Customer related intangible assets [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">246,139<span></span>
</td>
<td class="nump">288,773<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">94,998<span></span>
</td>
<td class="nump">4,711<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill', window );">Acquisitions and expeditures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment', window );">Transfer to property, plant and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">0<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization (note 26)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(63,096)<span></span>
</td>
<td class="num">(47,345)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill - Acquisition 50% CBSI</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ConsolidationCBSIntangibleAssetsAndGoodwill', window );">Consolidation CBSI on November 30, 2019.</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">278,041<span></span>
</td>
<td class="nump">246,139<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_CustomerrelatedIntangibleAssetsMember', window );">Customer related intangible assets [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">585,407<span></span>
</td>
<td class="nump">573,614<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">823,540<span></span>
</td>
<td class="nump">585,407<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_CustomerrelatedIntangibleAssetsMember', window );">Customer related intangible assets [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(339,268)<span></span>
</td>
<td class="num">(284,841)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(545,499)<span></span>
</td>
<td class="num">(339,268)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_TechnologybasedIntangibleAssetsMember', window );">Software [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">53,859<span></span>
</td>
<td class="nump">54,972<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">584<span></span>
</td>
<td class="nump">3<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill', window );">Acquisitions and expeditures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,837<span></span>
</td>
<td class="nump">1,387<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment', window );">Transfer to property, plant and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">633<span></span>
</td>
<td class="nump">7,808<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization (note 26)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(11,248)<span></span>
</td>
<td class="num">(10,657)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill - Acquisition 50% CBSI</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ConsolidationCBSIntangibleAssetsAndGoodwill', window );">Consolidation CBSI on November 30, 2019.</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">346<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">45,665<span></span>
</td>
<td class="nump">53,859<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_TechnologybasedIntangibleAssetsMember', window );">Software [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">171,152<span></span>
</td>
<td class="nump">161,067<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">182,059<span></span>
</td>
<td class="nump">171,152<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_TechnologybasedIntangibleAssetsMember', window );">Software [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(117,293)<span></span>
</td>
<td class="num">(106,095)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(136,394)<span></span>
</td>
<td class="num">(117,293)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_BrandNamesMember', window );">Trademarks and patents [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">153,103<span></span>
</td>
<td class="nump">150,009<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">62,429<span></span>
</td>
<td class="nump">3,092<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill', window );">Acquisitions and expeditures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment', window );">Transfer to property, plant and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization (note 26)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill - Acquisition 50% CBSI</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ConsolidationCBSIntangibleAssetsAndGoodwill', window );">Consolidation CBSI on November 30, 2019.</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">215,532<span></span>
</td>
<td class="nump">153,103<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_BrandNamesMember', window );">Trademarks and patents [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">153,103<span></span>
</td>
<td class="nump">150,009<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">215,532<span></span>
</td>
<td class="nump">153,103<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_BrandNamesMember', window );">Trademarks and patents [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_LicencesMember', window );">Rights and Licenses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">3,170,960<span></span>
</td>
<td class="nump">3,166,999<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill', window );">Acquisitions and expeditures</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment', window );">Transfer to property, plant and equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">4,000<span></span>
</td>
<td class="nump">4,088<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill', window );">Amortization (note 26)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(5,611)<span></span>
</td>
<td class="num">(127)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdditionalRecognitionGoodwill', window );">Goodwill - Acquisition 50% CBSI</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ConsolidationCBSIntangibleAssetsAndGoodwill', window );">Consolidation CBSI on November 30, 2019.</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">3,169,349<span></span>
</td>
<td class="nump">3,170,960<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_LicencesMember', window );">Rights and Licenses [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">3,189,789<span></span>
</td>
<td class="nump">3,185,701<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">3,193,787<span></span>
</td>
<td class="nump">3,189,789<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_LicencesMember', window );">Rights and Licenses [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(18,829)<span></span>
</td>
<td class="num">(18,702)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(24,438)<span></span>
</td>
<td class="num">(18,829)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_OtherIntangibleAssetsMember', window );">Other [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,564<span></span>
</td>
<td class="nump">1,491<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">638<span></span>
</td>
<td class="nump">33<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill', window );">Acquisitions and expeditures</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">40<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersIntangibleAssets', window );">Others</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(151)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,051<span></span>
</td>
<td class="nump">1,564<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_OtherIntangibleAssetsMember', window );">Other [member] | Cost [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,564<span></span>
</td>
<td class="nump">1,491<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,051<span></span>
</td>
<td class="nump">1,564<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_OtherIntangibleAssetsMember', window );">Other [member] | Accumulated depreciation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill', window );">Effect of foreign exchange differences</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IntangibleAssetsAndGoodwill', window );">Balance at end</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Composed mainly of mining rights. Amortization is based on production volume.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase in intangible assets and goodwill resulting from acquisitions through business combinations. [Refer: Business combinations [member]; Intangible assets and goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2020-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_118_e_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AcquisitionsThroughBusinessCombinationsIntangibleAssetsAndGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdditionalRecognitionGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additional goodwill recognised, except goodwill included in a disposal group that, on acquisition, meets the criteria to be classified as held for sale in accordance with IFRS 5. [Refer: Goodwill; Disposal groups classified as held for sale [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2020-01-01<br> -Paragraph B67<br> -Subparagraph d<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B67_d_ii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdditionalRecognitionGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of amortisation of intangible assets other than goodwill. [Refer: Depreciation and amortisation expense; Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2020-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause vi<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_118_e_vi&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AmortisationIntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfIntangibleAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in intangible assets and goodwill resulting from the net exchange differences arising when the financial statements are translated from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity. [Refer: Intangible assets and goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2020-01-01<br> -Paragraph 118<br> -Subparagraph e<br> -Clause vii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_118_e_vii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in property, plant and equipment resulting from transfers and changes that the entity does not separately disclose in the same statement or note. [Refer: Property, plant and equipment]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 73<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_73_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughTransfersAndOtherChangesPropertyPlantAndEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of intangible assets and goodwill held by the entity. [Refer: Goodwill; Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IntangibleAssetsAndGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ConsolidationCBSIntangibleAssetsAndGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to consolidation c b s intangible assets and goodwill.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ConsolidationCBSIntangibleAssetsAndGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OthersIntangibleAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of others intangible assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OthersIntangibleAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_GrossCarryingAmountMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=ifrs-full_AccumulatedDepreciationAndAmortisationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=sid_AdjustmentForAccumulatedRecoverableValueMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis=sid_AdjustmentForAccumulatedRecoverableValueMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_GoodwillMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_GoodwillMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_CustomerrelatedIntangibleAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_CustomerrelatedIntangibleAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_TechnologybasedIntangibleAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_TechnologybasedIntangibleAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_BrandNamesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_BrandNamesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_LicencesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_LicencesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_OtherIntangibleAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_OtherIntangibleAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>117
<FILENAME>R98.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191120168">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>12. INTANGIBLE ASSETS (Details 1)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_TechnologybasedIntangibleAssetsMember', window );">Software [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill', window );">Average useful lives</a></td>
<td class="text">9 years<span></span>
</td>
<td class="text">9 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_CustomerrelatedIntangibleAssetsMember', window );">Customer related intangible assets [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill', window );">Average useful lives</a></td>
<td class="text">13 years<span></span>
</td>
<td class="text">13 years<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfIntangibleAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The useful life, measured as period of time, used for intangible assets other than goodwill. [Refer: Intangible assets other than goodwill]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 38<br> -IssueDate 2020-01-01<br> -Paragraph 118<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=38&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_118_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_TechnologybasedIntangibleAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_TechnologybasedIntangibleAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_CustomerrelatedIntangibleAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_CustomerrelatedIntangibleAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>118
<FILENAME>R99.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026195333128">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>12. INTANGIBLE ASSETS (Details 2) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount', window );">Cash generating unity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 3,821,688<span></span>
</td>
<td class="nump">R$ 3,759,259<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=sid_PackagingMember', window );">Packaging [member] | Steel [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount', window );">Cash generating unity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">158,748<span></span>
</td>
<td class="nump">158,748<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=sid_LongStelMember', window );">Long steel [member] | Steel [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount', window );">Cash generating unity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">451,127<span></span>
</td>
<td class="nump">388,698<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=sid_MiningMember', window );">Mining [member] | Minning [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount', window );">Cash generating unity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">3,196,588<span></span>
</td>
<td class="nump">3,196,588<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=sid_OtherSteelMember', window );">Other Steel [member] | Steel [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount', window );">Cash generating unity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">15,225<span></span>
</td>
<td class="nump">15,225<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_GoodwillMember', window );">Goodwill [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount', window );">Cash generating unity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,606,156<span></span>
</td>
<td class="nump">3,606,156<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_GoodwillMember', window );">Goodwill [member] | Packaging [member] | Steel [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount', window );">Cash generating unity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">158,748<span></span>
</td>
<td class="nump">158,748<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_GoodwillMember', window );">Goodwill [member] | Long steel [member] | Steel [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount', window );">Cash generating unity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">235,595<span></span>
</td>
<td class="nump">235,595<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_GoodwillMember', window );">Goodwill [member] | Mining [member] | Minning [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount', window );">Cash generating unity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">3,196,588<span></span>
</td>
<td class="nump">3,196,588<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_GoodwillMember', window );">Goodwill [member] | Other Steel [member] | Steel [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount', window );">Cash generating unity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">15,225<span></span>
</td>
<td class="nump">15,225<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_BrandNamesMember', window );">Trademarks and patents [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount', window );">Cash generating unity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">215,532<span></span>
</td>
<td class="nump">153,103<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_BrandNamesMember', window );">Trademarks and patents [member] | Long steel [member] | Steel [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount', window );">Cash generating unity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">R$ 215,532<span></span>
</td>
<td class="nump">R$ 153,103<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The goodwill of the Packaging cash-generating unit is shown net of impairment loss in the amount of R$109,330, recognized in 2011.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">The goodwill and trademark that are recorded in line item intangible assets at long steel segment, those transactions are derived from the business combination of Stahlwerk Thuringen GmbH ("SWT") and Gallardo Sections CSN. The assets mentioned are considered to have indefinite useful lives as they are expected to contribute indefinitely to the Company's cash flows.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">Refers to the goodwill based on expectations for future profitability, resulting from the acquisition of Namisa by CSN Mineracao concluded in December 2015, which recoverability is tested annually.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">On November 29, 2019, CSN acquired the stake held by CKTR Brasil Servicos Ltda., corresponding to 50% of CBSI's shares, and now holds 100% of CBSI's share capital.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount by which a cash-generating unit's (group of units') recoverable amount exceeds its carrying amount. [Refer: Carrying amount [member]; Cash-generating units [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2020-01-01<br> -Paragraph 134<br> -Subparagraph f<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_134_f_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2020-01-01<br> -Paragraph 135<br> -Subparagraph e<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_135_e_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AmountByWhichUnitsRecoverableAmountExceedsItsCarryingAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfIntangibleAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=sid_PackagingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=sid_PackagingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=sid_SteelMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=sid_SteelMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=sid_LongStelMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=sid_LongStelMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=sid_MiningMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=sid_MiningMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=sid_MinningMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=sid_MinningMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=sid_OtherSteelMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsAxis=sid_OtherSteelMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_GoodwillMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_GoodwillMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_BrandNamesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfIntangibleAssetsOtherThanGoodwillAxis=ifrs-full_BrandNamesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>119
<FILENAME>R100.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026194750296">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>12. INTANGIBLE ASSETS (Details 3)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr><th class="th" colspan="2"><div>Dec. 31, 2020</div></th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_PackagingMember', window );">Packaging [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined', window );">Measurement of recoverable value</a></td>
<td class="text">DCF<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections', window );">Cash flow projection</a></td>
<td class="text">Until 2030 + perpetuity<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal', window );">Gross Margin</a></td>
<td class="text">Update of gross margin based on historical data, incorporation of the impacts of business restructuring and market trends.<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization', window );">Cost atualization</a></td>
<td class="text">Update of costs based on historical data for each product and incorporation of the impacts of business restructuring.<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate', window );">Perpetual growth rate</a></td>
<td class="text">No growth.<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections', window );">Discount rate</a></td>
<td class="nump">8.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_MiningMember', window );">Mining [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined', window );">Measurement of recoverable value</a></td>
<td class="text">DCF<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections', window );">Cash flow projection</a></td>
<td class="text">Until 2064<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal', window );">Gross Margin</a></td>
<td class="text">It reflects projection of costs due to the progress of the mining plan as well as startup and project ramp up. Prices and exchange rates projected according to sectoral reports.<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization', window );">Cost atualization</a></td>
<td class="text">Update of costs based on historical data, progress of the mining plan as well as startup and project ramp up<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate', window );">Perpetual growth rate</a></td>
<td class="text">Without perpetuity.<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_MiningMember', window );">Mining [member] | Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections', window );">Discount rate</a></td>
<td class="nump">7.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_MiningMember', window );">Mining [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections', window );">Discount rate</a></td>
<td class="nump">9.50%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_OtherSteelMember', window );">Other Steel [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined', window );">Measurement of recoverable value</a></td>
<td class="text">DCF<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections', window );">Cash flow projection</a></td>
<td class="text">Until 2030 + perpetuity<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal', window );">Gross Margin</a></td>
<td class="text">Update of gross margin based on historical data and market trends.<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization', window );">Cost atualization</a></td>
<td class="text">Update of costs based on historical data and market trends.<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate', window );">Perpetual growth rate</a></td>
<td class="text">No growth.<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_OtherSteelMember', window );">Other Steel [member] | Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections', window );">Discount rate</a></td>
<td class="nump">7.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_OtherSteelMember', window );">Other Steel [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections', window );">Discount rate</a></td>
<td class="nump">9.50%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_FlatSteelMember', window );">Flat Steel [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined', window );">Measurement of recoverable value</a></td>
<td class="text">DCF<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections', window );">Cash flow projection</a></td>
<td class="text">Until 2030 + perpetuity<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal', window );">Gross Margin</a></td>
<td class="text">Update gross margin based on historical data and market trends.<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization', window );">Cost atualization</a></td>
<td class="text">Update of costs based on historical data and market trends.<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate', window );">Perpetual growth rate</a></td>
<td class="text">Growth of 1.4% per year in real terms, updated by long-term inflation of 1.7% per year in the Eurozone.<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_FlatSteelMember', window );">Flat Steel [member] | Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections', window );">Discount rate</a></td>
<td class="nump">7.00%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_FlatSteelMember', window );">Flat Steel [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections', window );">Discount rate</a></td>
<td class="nump">9.50%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_LogisticMember', window );">Logistic [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined', window );">Measurement of recoverable value</a></td>
<td class="text">DCF<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections', window );">Cash flow projection</a></td>
<td class="text">by 2027<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal', window );">Gross Margin</a></td>
<td class="text">Estimated based on market study to capture cargo and operating costs according to market trend studies<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization', window );">Cost atualization</a></td>
<td class="text">Study-based costs and market trends<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate', window );">Perpetual growth rate</a></td>
<td class="text">Without perpetuity.<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_LogisticMember', window );">Logistic [member] | Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections', window );">Discount rate</a></td>
<td class="nump">5.87%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_LogisticMember', window );">Logistic [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections', window );">Discount rate</a></td>
<td class="nump">6.40%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Refer to assets of subsidiary FTL Ferrovia Transnordestina Logistica S.A.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the basis on which the cash-generating unit's (group of units') recoverable amount has been determined (ie value in use or fair value less costs of disposal). [Refer: Cash-generating units [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2020-01-01<br> -Paragraph 134<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_134_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfBasisOnWhichUnitsRecoverableAmountHasBeenDetermined</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The discount rate applied to cash flow projections for a cash-generating unit (group of units). [Refer: Cash-generating units [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2020-01-01<br> -Paragraph 134<br> -Subparagraph d<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_134_d_v&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2020-01-01<br> -Paragraph 134<br> -Subparagraph e<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_134_e_v&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfDiscountRatesAppliedToCashFlowProjections</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the justification for using any growth rate to extrapolate cash flow projections that exceeds the long-term average growth rate for the products, industries or country (countries) in which the entity operates, or for the market to which a cash-generating unit (group of units) is dedicated. [Refer: Cash-generating units [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2020-01-01<br> -Paragraph 134<br> -Subparagraph d<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_134_d_iv&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfJustificationForUsingGrowthRateThatExceedsLongtermAverageGrowthRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of key assumptions on which management has based its cash flow projections for the period covered by the most recent budgets/forecasts for a cash-generating unit (group of units). Key assumptions are those to which the unit's (group of units') recoverable amount is most sensitive. [Refer: Cash-generating units [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2020-01-01<br> -Paragraph 134<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_134_d_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2020-01-01<br> -Paragraph 135<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_135_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of key assumptions on which management has based its determination of fair value less costs of disposal for a cash-generating unit (group of units). Key assumptions are those to which the unit's (group of units') recoverable amount is most sensitive. [Refer: Cash-generating units [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2020-01-01<br> -Paragraph 134<br> -Subparagraph e<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_134_e_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2020-01-01<br> -Paragraph 130<br> -Subparagraph f<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_130_f_iii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedDeterminationOfFairValueLessCostsOfDisposal</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfIntangibleAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of key assumptions on which management has based its cost atualization for the period covered by the most recent budgets/forecasts for a cash-generating unit (group of units). Key assumptions are those to which the unit's (group of units') recoverable amount is most sensitive.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DescriptionOfKeyAssumptionsOnWhichManagementHasBasedOnCostAtualization</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_PackagingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_PackagingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_MiningMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_MiningMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_OtherSteelMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_OtherSteelMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_FlatSteelMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_FlatSteelMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_LogisticMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_LogisticMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>120
<FILENAME>R101.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026193440040">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>12. INTANGIBLE ASSETS (Details Narrative) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Nov. 29, 2019</div></th>
<th class="th"><div>Dec. 31, 2011</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ImpairmentLoss', window );">Impairment loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 109,330<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests', window );">Owership interest</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CKTRBrasilServicosLtdaMember', window );">CKTR Brasil Servicos Ltda [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems', window );"><strong>Disclosure of detailed information about intangible assets [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary', window );">Ownership interest in subsidiary</a></td>
<td class="nump">50.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfIntangibleAssetsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfIntangibleAssetsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ImpairmentLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount recognised as a reduction of the carrying amount of an asset or cash-generating unit to its recoverable amount. [Refer: Carrying amount [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2020-01-01<br> -Paragraph 130<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_130_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 36<br> -IssueDate 2020-01-01<br> -Paragraph 130<br> -Subparagraph d<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=36&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_130_d_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ImpairmentLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfOwnershipInterestInSubsidiary">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interest in a subsidiary attributable to the entity. [Refer: Subsidiaries [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2020-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_17_b_iii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2020-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_16_b_iii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 19B<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_19B_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfOwnershipInterestInSubsidiary</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The proportion of ownership interests in a subsidiary held by non-controlling interests. [Refer: Subsidiaries [member]; Non-controlling interests]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 12<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_12_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfOwnershipInterestsHeldByNoncontrollingInterests</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CKTRBrasilServicosLtdaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CKTRBrasilServicosLtdaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>121
<FILENAME>R102.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186187192">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>13. BORROWINGS AND FINANCING (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossShorttermBorrowings', window );">Borrowings and financing, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 4,155,483<span></span>
</td>
<td class="nump">R$ 5,152,234<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossLongtermBorrowings', window );">Borrowings and financing, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">31,215,128<span></span>
</td>
<td class="nump">22,938,469<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingCostsRecognisedAsExpenseCurrent', window );">Transaction costs and issue premiums, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(29,030)<span></span>
</td>
<td class="num">(26,391)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingCostsRecognisedAsExpenseNoncurent', window );">Transaction costs and issue premiums, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(70,928)<span></span>
</td>
<td class="num">(97,276)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ShorttermBorrowings', window );">Borrowings and financing and transaction costs, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,126,453<span></span>
</td>
<td class="nump">5,125,843<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LongtermBorrowings', window );">Borrowings and financing and transaction costs, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">31,144,200<span></span>
</td>
<td class="nump">22,841,193<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TypeOfFunctionalCurrencyAxis=sid_ForeignCurrencyMember', window );">Foreign currency [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossShorttermBorrowings', window );">Borrowings and financing, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,873,204<span></span>
</td>
<td class="nump">4,040,211<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossLongtermBorrowings', window );">Borrowings and financing, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">23,498,821<span></span>
</td>
<td class="nump">12,888,686<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TypeOfFunctionalCurrencyAxis=sid_LocalCurrencyMember', window );">Local currency [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossShorttermBorrowings', window );">Borrowings and financing, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,282,279<span></span>
</td>
<td class="nump">1,112,023<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossLongtermBorrowings', window );">Borrowings and financing, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,716,307<span></span>
</td>
<td class="nump">10,049,783<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=sid_VariableInterestMember', window );">Variable interest [member] | Prepayment [member] | Foreign currency [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossShorttermBorrowings', window );">Borrowings and financing, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,119,558<span></span>
</td>
<td class="nump">1,769,975<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossLongtermBorrowings', window );">Borrowings and financing, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">3,457,105<span></span>
</td>
<td class="nump">2,563,928<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=sid_VariableInterestMember', window );">Variable interest [member] | BNDES/FINAME, Debentures, NCE and CCB [member] | Local currency [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossShorttermBorrowings', window );">Borrowings and financing, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">2,282,279<span></span>
</td>
<td class="nump">1,086,985<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossLongtermBorrowings', window );">Borrowings and financing, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">7,716,307<span></span>
</td>
<td class="nump">10,049,783<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=sid_FixedInterestMember', window );">Fixed interest [member] | Bonds, Perpetual Bonds and ACC [member] | Foreign currency [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossShorttermBorrowings', window );">Borrowings and financing, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">426,676<span></span>
</td>
<td class="nump">2,047,032<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossLongtermBorrowings', window );">Borrowings and financing, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">19,898,213<span></span>
</td>
<td class="nump">10,177,517<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=sid_FixedInterestMember', window );">Fixed interest [member] | Facility [member] | Foreign currency [member] | Euro [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossShorttermBorrowings', window );">Borrowings and financing, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">326,970<span></span>
</td>
<td class="nump">223,204<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossLongtermBorrowings', window );">Borrowings and financing, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 143,503<span></span>
</td>
<td class="nump">147,241<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=sid_FixedInterestMember', window );">Fixed interest [member] | Intercompany [member] | Local currency [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossShorttermBorrowings', window );">Borrowings and financing, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 25,038<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">In 2020, the Company renegotiated part of the Prepayment debt in the total amount of U$311 million, postponing part of the maturities of 2020 and 2021 to 2022.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">In June 2020, the Company renegotiated a debt rollover in the amount of R$300 million, shifting the maturities of 2020 to the years 2021, 2022 and 2023.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">In 2020, the Company issued debt securities representing the foreign market ("Notes"), through its subsidiary CSN Inova Ventures, with maturity in 2028 and interest rate of 6.75% per year, totaling US$1, 3 billion, of which US$1 billion in January and US$300 million in November. Additionally, we used US$263 million in the repurchase offer ("Tender Offer") of the Notes issued by CSN Resources SA in January 2020. All Notes mentioned above are unconditionally and irrevocably guaranteed by the Company.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The non-current portion of non-current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ShorttermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ShorttermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BorrowingCostsRecognisedAsExpenseCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to borrowing costs recognised as expense current.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BorrowingCostsRecognisedAsExpenseCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BorrowingCostsRecognisedAsExpenseNoncurent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to borrowing costs recognised as expense noncurent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BorrowingCostsRecognisedAsExpenseNoncurent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BorrowingsAndFinancingLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BorrowingsAndFinancingLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_GrossLongtermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to gross longterm borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_GrossLongtermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_GrossShorttermBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to gross shortterm borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_GrossShorttermBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TypeOfFunctionalCurrencyAxis=sid_ForeignCurrencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TypeOfFunctionalCurrencyAxis=sid_ForeignCurrencyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TypeOfFunctionalCurrencyAxis=sid_LocalCurrencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TypeOfFunctionalCurrencyAxis=sid_LocalCurrencyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=sid_VariableInterestMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=sid_VariableInterestMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=sid_PrepaymentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=sid_PrepaymentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=sid_BNDESFINAMEDebenturesNCEAndCCBMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=sid_BNDESFINAMEDebenturesNCEAndCCBMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=sid_FixedInterestMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=sid_FixedInterestMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=sid_BondsPerpetualBondsAndACCMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=sid_BondsPerpetualBondsAndACCMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=sid_FacilityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=sid_FacilityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_EUR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_EUR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=sid_IntercompanyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=sid_IntercompanyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>122
<FILENAME>R103.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026190870328">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>13. BORROWINGS AND FINANCING (Details 1)<br> &#8364; in Thousands, R$ in Thousands, $ in Thousands</strong></div></th>
<th class="th" colspan="2">
<div>Dec. 31, 2020 </div>
<div>USD ($)</div>
</th>
<th class="th" colspan="2">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th>
<th class="th" colspan="2">
<div>Dec. 31, 2020 </div>
<div>EUR (&#8364;)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Total debt</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 35,370,611<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TypeOfFunctionalCurrencyAxis=sid_LocalCurrencyMember', window );">Local currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Average interest rate</a></td>
<td class="nump">2.82%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">2.82%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">2.82%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Total debt</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 9,998,586<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_USD', window );">USD</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Average interest rate</a></td>
<td class="nump">6.63%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">6.63%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">6.63%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Total debt | $</a></td>
<td class="nump">$ 24,901,552<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_EUR', window );">Euro [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Average interest rate</a></td>
<td class="nump">1.50%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1.50%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1.50%<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Total debt | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">&#8364; 470,473<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="7"></td></tr>
<tr><td colspan="7"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">To determine the average interest rate on debt contracts with floating rates, the Company used the rates applied on December 31, 2020. In The Company, it considers the interest rate of the contracts intercompany.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Borrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding funds that the entity is obligated to repay.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Borrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsInterestRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsInterestRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BorrowingsAndFinancingLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BorrowingsAndFinancingLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TypeOfFunctionalCurrencyAxis=sid_LocalCurrencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TypeOfFunctionalCurrencyAxis=sid_LocalCurrencyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_USD">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_USD</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_EUR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_EUR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>123
<FILENAME>R104.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191511976">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>13. BORROWINGS AND FINANCING (Details 2)<br> R$ in Thousands</strong></div></th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">R$ 35,370,611<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TypeOfFunctionalCurrencyAxis=sid_ForeignCurrencyMember', window );">Foreign currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">25,372,025<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TypeOfFunctionalCurrencyAxis=sid_NationalCurrencyMember', window );">National currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">9,998,586<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">2022 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">4,155,483<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">2022 [member] | Foreign currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">1,873,204<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">2022 [member] | National currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">2,282,279<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">2023 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">5,542,647<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">2023 [member] | Foreign currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">2,683,224<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">2023 [member] | National currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">2,859,423<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember', window );">2023 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">8,603,471<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember', window );">2023 [member] | Foreign currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">5,567,133<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember', window );">2023 [member] | National currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">3,036,338<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">2024 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">1,416,308<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">2024 [member] | Foreign currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">178,033<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember', window );">2024 [member] | National currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">1,238,275<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=sid_LaterThanFiveYearsAndNotLaterThanSixYearsMember', window );">2025 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">68,595<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=sid_LaterThanFiveYearsAndNotLaterThanSixYearsMember', window );">2025 [member] | National currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">68,595<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=sid_LaterThanSixYearsAndNotLaterThanSevenYearsMember', window );">2026 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">3,186,608<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=sid_LaterThanSixYearsAndNotLaterThanSevenYearsMember', window );">2026 [member] | Foreign currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">3,118,021<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=sid_LaterThanSixYearsAndNotLaterThanSevenYearsMember', window );">2026 [member] | National currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">68,587<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=sid_AfterSixYearsMember', window );">After 2026 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">7,200,799<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=sid_AfterSixYearsMember', window );">After 2026 [member] | Foreign currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">6,755,710<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=sid_AfterSixYearsMember', window );">After 2026 [member] | National currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">445,089<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=sid_PerpetualBondsMember', window );">Perpetual Bonds [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">5,196,700<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=sid_PerpetualBondsMember', window );">Perpetual Bonds [member] | Foreign currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Maturities of loans, financing and debentures</a></td>
<td class="nump">R$ 5,196,700<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Borrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding funds that the entity is obligated to repay.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Borrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BorrowingsAndFinancingLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BorrowingsAndFinancingLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TypeOfFunctionalCurrencyAxis=sid_ForeignCurrencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TypeOfFunctionalCurrencyAxis=sid_ForeignCurrencyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TypeOfFunctionalCurrencyAxis=sid_NationalCurrencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TypeOfFunctionalCurrencyAxis=sid_NationalCurrencyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeYearsAndNotLaterThanFourYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanFourYearsAndNotLaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=sid_LaterThanFiveYearsAndNotLaterThanSixYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=sid_LaterThanFiveYearsAndNotLaterThanSixYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=sid_LaterThanSixYearsAndNotLaterThanSevenYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=sid_LaterThanSixYearsAndNotLaterThanSevenYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=sid_AfterSixYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=sid_AfterSixYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=sid_PerpetualBondsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=sid_PerpetualBondsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>124
<FILENAME>R105.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026194805624">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>13. BORROWINGS AND FINANCING (Details 3) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingAbstract', window );"><strong>Borrowings And Financing</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherBorrowings', window );">Opening balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 27,967,036<span></span>
</td>
<td class="nump">R$ 28,827,074<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionalFundingTransactions', window );">New debts</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8,116,247<span></span>
</td>
<td class="nump">10,149,381<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities', window );">Repayment</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(6,448,658)<span></span>
</td>
<td class="num">(11,775,093)<span></span>
</td>
<td class="num">R$ (5,019,978)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnBorrowings', window );">Payments of charges</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,922,130)<span></span>
</td>
<td class="num">(2,039,112)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ChangesInOtherBorrowingsProvisions', window );">Accrued charges (Note 28)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,002,052<span></span>
</td>
<td class="nump">1,996,305<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ConsolidationOfCBS', window );">Consolidation of CBSI</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">19,722<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersChangesInOtherBorrowings', window );">Others</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">5,556,106<span></span>
</td>
<td class="nump">788,759<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherBorrowings', window );">Closing balance</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 35,270,653<span></span>
</td>
<td class="nump">R$ 27,967,036<span></span>
</td>
<td class="nump">R$ 28,827,074<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Including unrealized exchange and monetary variations and funding cost.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseOnBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest expense on borrowings. [Refer: Interest expense; Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseOnBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of borrowings that the entity does not separately disclose in the same statement or note. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to settle borrowings, classified as financing activities. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 17<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_17_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdditionalFundingTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to additional funding transactions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdditionalFundingTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BorrowingsAndFinancingAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BorrowingsAndFinancingAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ChangesInOtherBorrowingsProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to changes in other borrowings provisions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ChangesInOtherBorrowingsProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ConsolidationOfCBS">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to consolidation of cbs.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ConsolidationOfCBS</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OthersChangesInOtherBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to others changes in other borrowings.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OthersChangesInOtherBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>125
<FILENAME>R106.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186759368">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>13. BORROWINGS AND FINANCING (Details 4) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionalFundingTransactions', window );">New debts</a></td>
<td class="nump">R$ 8,116,247<span></span>
</td>
<td class="nump">R$ 10,149,381<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities', window );">Repayment</a></td>
<td class="num">(6,448,658)<span></span>
</td>
<td class="num">(11,775,093)<span></span>
</td>
<td class="num">R$ (5,019,978)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnBorrowings', window );">Interest payment</a></td>
<td class="num">(1,922,130)<span></span>
</td>
<td class="num">R$ (2,039,112)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=sid_PrepaymentMember', window );">Prepayment [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionalFundingTransactions', window );">New debts</a></td>
<td class="nump">177,420<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities', window );">Repayment</a></td>
<td class="num">(1,028,606)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnBorrowings', window );">Interest payment</a></td>
<td class="num">(245,125)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=sid_BondsPerpetualBondsACCAndFacilityMember', window );">Bonds, Perpetual Bonds, ACC and Facility [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionalFundingTransactions', window );">New debts</a></td>
<td class="nump">7,917,929<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities', window );">Repayment</a></td>
<td class="num">(4,458,888)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnBorrowings', window );">Interest payment</a></td>
<td class="num">(1,237,396)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsByNameAxis=sid_BNDESFINAMEDebenturesNCEAndCCBMember', window );">BNDES/FINAME, Debentures, NCE and CCB [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLineItems', window );"><strong>BorrowingsAndFinancingLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionalFundingTransactions', window );">New debts</a></td>
<td class="nump">20,898<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities', window );">Repayment</a></td>
<td class="num">(961,164)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseOnBorrowings', window );">Interest payment</a></td>
<td class="num">R$ (439,609)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseOnBorrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of interest expense on borrowings. [Refer: Interest expense; Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseOnBorrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow to settle borrowings, classified as financing activities. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 17<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_17_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RepaymentsOfBorrowingsClassifiedAsFinancingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdditionalFundingTransactions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to additional funding transactions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdditionalFundingTransactions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BorrowingsAndFinancingLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BorrowingsAndFinancingLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=sid_PrepaymentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=sid_PrepaymentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=sid_BondsPerpetualBondsACCAndFacilityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=sid_BondsPerpetualBondsACCAndFacilityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsByNameAxis=sid_BNDESFINAMEDebenturesNCEAndCCBMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsByNameAxis=sid_BNDESFINAMEDebenturesNCEAndCCBMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>126
<FILENAME>R107.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186448664">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>13. BORROWINGS AND FINANCING (Details Narrative)<br> R$ in Thousands</strong></div></th>
<th class="th">
<div>Dec. 31, 2019 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingAbstract', window );"><strong>Borrowings And Financing</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AccruedCommisionOnRiskAssumption', window );">Accrued commision on risk assumption</a></td>
<td class="nump">R$ 10,531<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AccruedCommisionOnRiskAssumption">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to accrued commision on risk assumption.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AccruedCommisionOnRiskAssumption</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BorrowingsAndFinancingAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BorrowingsAndFinancingAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>127
<FILENAME>R108.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026184782072">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total current financial assets at fair value through profit or loss</a></td>
<td class="nump">R$ 3,310,174<span></span>
</td>
<td class="nump">R$ 2,120,018<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtAmortisedCost', window );">Total current financial assets at amortised cost</a></td>
<td class="nump">13,328,279<span></span>
</td>
<td class="nump">3,699,993<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssets', window );">Total current financial assets</a></td>
<td class="nump">16,638,453<span></span>
</td>
<td class="nump">5,820,011<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total non-current financial assets at fair value through profit or loss</a></td>
<td class="nump">59,879<span></span>
</td>
<td class="nump">51,503<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost', window );">Total non-current financial assets at amortised cost</a></td>
<td class="nump">2,461,619<span></span>
</td>
<td class="nump">1,794,362<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssets', window );">Total non-current financial assets</a></td>
<td class="nump">2,521,498<span></span>
</td>
<td class="nump">1,845,865<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total financial assets at fair value through profit or loss</a></td>
<td class="nump">3,370,053<span></span>
</td>
<td class="nump">2,171,521<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtAmortisedCost', window );">Total financial assets at amortised cost</a></td>
<td class="nump">15,789,898<span></span>
</td>
<td class="nump">5,494,355<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Total financial assets</a></td>
<td class="nump">19,159,951<span></span>
</td>
<td class="nump">7,665,876<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Total current financial liabilities at fair value through profit or loss</a></td>
<td class="nump">8,722<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost', window );">Total current financial liabilities at amortised cost</a></td>
<td class="nump">10,638,642<span></span>
</td>
<td class="nump">9,334,492<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilities', window );">Total current financial liabilities</a></td>
<td class="nump">10,647,364<span></span>
</td>
<td class="nump">9,334,492<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Total non-current financial liabilities at fair value through profit or loss</a></td>
<td class="nump">97,535<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilitiesAtAmortisedCost', window );">Total non-current financial liabilities at amortised cost</a></td>
<td class="nump">32,195,160<span></span>
</td>
<td class="nump">23,377,819<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilities', window );">Total non-current financial liabilities</a></td>
<td class="nump">32,292,695<span></span>
</td>
<td class="nump">23,377,819<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Total financial liabilites at fair value through profit or loss</a></td>
<td class="nump">106,257<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost', window );">Total financial liabilities at amortised cost</a></td>
<td class="nump">42,833,802<span></span>
</td>
<td class="nump">32,712,311<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Total financial liabilities</a></td>
<td class="nump">42,940,059<span></span>
</td>
<td class="nump">32,712,311<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_LeasesMember', window );">Leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Total current financial liabilities at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost', window );">Total current financial liabilities at amortised cost</a></td>
<td class="nump">93,626<span></span>
</td>
<td class="nump">35,040<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilities', window );">Total current financial liabilities</a></td>
<td class="nump">93,626<span></span>
</td>
<td class="nump">35,040<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Total non-current financial liabilities at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilitiesAtAmortisedCost', window );">Total non-current financial liabilities at amortised cost</a></td>
<td class="nump">436,505<span></span>
</td>
<td class="nump">439,350<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilities', window );">Total non-current financial liabilities</a></td>
<td class="nump">436,505<span></span>
</td>
<td class="nump">439,350<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesDraweeRiskMember', window );">Trade payables - drawee risk [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Total current financial liabilities at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost', window );">Total current financial liabilities at amortised cost</a></td>
<td class="nump">623,861<span></span>
</td>
<td class="nump">1,121,312<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilities', window );">Total current financial liabilities</a></td>
<td class="nump">623,861<span></span>
</td>
<td class="nump">1,121,312<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesMember', window );">Trade payables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Total current financial liabilities at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost', window );">Total current financial liabilities at amortised cost</a></td>
<td class="nump">4,819,539<span></span>
</td>
<td class="nump">3,012,654<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilities', window );">Total current financial liabilities</a></td>
<td class="nump">4,819,539<span></span>
</td>
<td class="nump">3,012,654<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Total non-current financial liabilities at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilitiesAtAmortisedCost', window );">Total non-current financial liabilities at amortised cost</a></td>
<td class="nump">543,527<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilities', window );">Total non-current financial liabilities</a></td>
<td class="nump">543,527<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_BorrowingsAndFinancingMember', window );">Borrowings and financing [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Total current financial liabilities at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost', window );">Total current financial liabilities at amortised cost</a></td>
<td class="nump">4,155,483<span></span>
</td>
<td class="nump">5,152,234<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilities', window );">Total current financial liabilities</a></td>
<td class="nump">4,155,483<span></span>
</td>
<td class="nump">5,152,234<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Total non-current financial liabilities at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilitiesAtAmortisedCost', window );">Total non-current financial liabilities at amortised cost</a></td>
<td class="nump">31,215,128<span></span>
</td>
<td class="nump">22,938,469<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilities', window );">Total non-current financial liabilities</a></td>
<td class="nump">31,215,128<span></span>
</td>
<td class="nump">22,938,469<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_DividendsAndInterestOnEquityMember', window );">Dividends and interest on equity/ capital [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total current financial assets at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtAmortisedCost', window );">Total current financial assets at amortised cost</a></td>
<td class="nump">38,088<span></span>
</td>
<td class="nump">44,554<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssets', window );">Total current financial assets</a></td>
<td class="nump">38,088<span></span>
</td>
<td class="nump">44,554<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Total current financial liabilities at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost', window );">Total current financial liabilities at amortised cost</a></td>
<td class="nump">946,133<span></span>
</td>
<td class="nump">13,252<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilities', window );">Total current financial liabilities</a></td>
<td class="nump">946,133<span></span>
</td>
<td class="nump">13,252<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_DerivativesMember', window );">Derivative financial instruments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total current financial assets at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">1,364<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtAmortisedCost', window );">Total current financial assets at amortised cost</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssets', window );">Total current financial assets</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">1,364<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total non-current financial assets at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">4,203<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost', window );">Total non-current financial assets at amortised cost</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssets', window );">Total non-current financial assets</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">4,203<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Total current financial liabilities at fair value through profit or loss</a></td>
<td class="nump">8,722<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost', window );">Total current financial liabilities at amortised cost</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilities', window );">Total current financial liabilities</a></td>
<td class="nump">8,722<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Total non-current financial liabilities at fair value through profit or loss</a></td>
<td class="nump">97,535<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilitiesAtAmortisedCost', window );">Total non-current financial liabilities at amortised cost</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilities', window );">Total non-current financial liabilities</a></td>
<td class="nump">97,535<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_CashAndCashEquivalantMember', window );">Cash and cash equivalants [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total current financial assets at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtAmortisedCost', window );">Total current financial assets at amortised cost</a></td>
<td class="nump">9,944,586<span></span>
</td>
<td class="nump">1,088,955<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssets', window );">Total current financial assets</a></td>
<td class="nump">9,944,586<span></span>
</td>
<td class="nump">1,088,955<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_ShortTermInvestmentMember', window );">Short-term investments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total current financial assets at fair value through profit or loss</a></td>
<td class="nump">3,305,109<span></span>
</td>
<td class="nump">2,114,620<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtAmortisedCost', window );">Total current financial assets at amortised cost</a></td>
<td class="nump">478,253<span></span>
</td>
<td class="nump">518,553<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssets', window );">Total current financial assets</a></td>
<td class="nump">3,783,362<span></span>
</td>
<td class="nump">2,633,173<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total current financial assets at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtAmortisedCost', window );">Total current financial assets at amortised cost</a></td>
<td class="nump">2,867,352<span></span>
</td>
<td class="nump">2,047,931<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssets', window );">Total current financial assets</a></td>
<td class="nump">2,867,352<span></span>
</td>
<td class="nump">2,047,931<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradingEquitySecuritiesMember', window );">Trading securities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total current financial assets at fair value through profit or loss</a></td>
<td class="nump">5,065<span></span>
</td>
<td class="nump">4,034<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtAmortisedCost', window );">Total current financial assets at amortised cost</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssets', window );">Total current financial assets</a></td>
<td class="nump">5,065<span></span>
</td>
<td class="nump">4,034<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_InvestmentPropertyMember', window );">Investments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total non-current financial assets at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost', window );">Total non-current financial assets at amortised cost</a></td>
<td class="nump">123,409<span></span>
</td>
<td class="nump">95,719<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssets', window );">Total non-current financial assets</a></td>
<td class="nump">123,409<span></span>
</td>
<td class="nump">95,719<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_OtherTradeReceivablesMember', window );">Other trade receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total non-current financial assets at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost', window );">Total non-current financial assets at amortised cost</a></td>
<td class="nump">2,445<span></span>
</td>
<td class="nump">7,059<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssets', window );">Total non-current financial assets</a></td>
<td class="nump">2,445<span></span>
</td>
<td class="nump">7,059<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_CompulsoryLoanEletrobrasMember', window );">Eletrobras compulsory loan [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total non-current financial assets at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost', window );">Total non-current financial assets at amortised cost</a></td>
<td class="nump">852,532<span></span>
</td>
<td class="nump">845,284<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssets', window );">Total non-current financial assets</a></td>
<td class="nump">852,532<span></span>
</td>
<td class="nump">845,284<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_ReceivablesByIndemnityMember', window );">Receivables by indemnity [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total non-current financial assets at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost', window );">Total non-current financial assets at amortised cost</a></td>
<td class="nump">517,183<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssets', window );">Total non-current financial assets</a></td>
<td class="nump">517,183<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_RelatedPartiesMember', window );">Loans - related parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total non-current financial assets at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost', window );">Total non-current financial assets at amortised cost</a></td>
<td class="nump">966,050<span></span>
</td>
<td class="nump">846,300<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssets', window );">Total non-current financial assets</a></td>
<td class="nump">966,050<span></span>
</td>
<td class="nump">846,300<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_FinancialInvestmentesMember', window );">Investments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total non-current financial assets at fair value through profit or loss</a></td>
<td class="nump">59,879<span></span>
</td>
<td class="nump">47,300<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost', window );">Total non-current financial assets at amortised cost</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssets', window );">Total non-current financial assets</a></td>
<td class="nump">R$ 59,879<span></span>
</td>
<td class="nump">R$ 47,300<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current financial assets. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentFinancialAssetsAtAmortisedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current financial assets measured at amortised cost. [Refer: Financial assets at amortised cost]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_8_f&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentFinancialAssetsAtAmortisedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current financial assets measured at fair value through profit or loss. [Refer: Financial assets at fair value through profit or loss]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_8_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current financial liabilities. [Refer: Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current financial liabilities measured at amortised cost. [Refer: Financial liabilities at amortised cost]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_8_g&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_8_f&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentFinancialLiabilitiesAtAmortisedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current financial liabilities measured at fair value through profit or loss. [Refer: Financial liabilities at fair value through profit or loss]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_8_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that are: (a) cash; (b) an equity instrument of another entity; (c) a contractual right: (i) to receive cash or another financial asset from another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the entity; or (d) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to receive a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose the entity&#8217;s own equity instruments do not include puttable financial instruments classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. [Refer: Financial instruments, class [member]; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 35H<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35H&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 35I<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35I&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 35M<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35M&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 35N<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35N&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssetsAtAmortisedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial assets at amortised cost. The amortised cost is the amount at which financial assets are measured at initial recognition minus principal repayments, plus or minus the cumulative amortisation using the effective interest method of any difference between that initial amount and the maturity amount, and adjusted for any impairment. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_8_f&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssetsAtAmortisedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial assets that are measured at fair value and for which gains (losses) are recognised in profit or loss. A financial asset shall be measured at fair value through profit or loss unless it is measured at amortised cost or at fair value through other comprehensive income. A gain (loss) on a financial asset measured at fair value shall be recognised in profit or loss unless it is part of a hedging relationship, it is an investment in an equity instrument for which the entity has elected to present gains and losses in other comprehensive income or it is a financial asset measured at fair value through other comprehensive income. [Refer: At fair value [member]; Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_8_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that are: (a) a contractual obligation: (i) to deliver cash or another financial asset to another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the entity; or (b) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to deliver a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose, rights, options or warrants to acquire a fixed number of the entity&#8217;s own equity instruments for a fixed amount of any currency are equity instruments if the entity offers the rights, options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. Also, for those purposes the entity&#8217;s own equity instruments do not include puttable financial instruments that are classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. As an exception, an instrument that meets the definition of a financial liability is classified as an equity instrument if it has all the features and meets the conditions in paragraphs 16A-16B or paragraphs 16C-16D of IAS 32. [Refer: Financial instruments, class [member]; Financial assets; Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilitiesAtAmortisedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial liabilities at amortised cost. The amortised cost is the amount at which financial liabilities are measured at initial recognition minus principal repayments, plus or minus the cumulative amortisation using the effective interest method of any difference between that initial amount and the maturity amount. [Refer: Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_8_g&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_8_f&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilitiesAtAmortisedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial liabilities that meet either of the following conditions: (a) they meet the definition of held for trading; or (b) upon initial recognition they are designated by the entity as at fair value through profit or loss. An entity may use this designation only when permitted by paragraph 4.3.5 of IFRS 9 (embedded derivatives) or when doing so results in more relevant information, because either: (a) it eliminates or significantly reduces a measurement or recognition inconsistency (sometimes referred to as &#8216;an accounting mismatch&#8217;) that would otherwise arise from measuring assets or liabilities or recognising the gains and losses on them on different bases; or (b) a group of financial liabilities or financial assets and financial liabilities is managed and its performance is evaluated on a fair value basis, in accordance with a documented risk management or investment strategy, and information about the group is provided internally on that basis to the entity&#8217;s key management personnel (as defined in IAS 24). [Refer: At fair value [member]; Key management personnel of entity or parent [member]; Derivatives [member]; Financial assets; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_8_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentFinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current financial assets. [Refer: Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentFinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current financial assets measured at amortised cost. [Refer: Financial assets at amortised cost]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_8_f&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentFinancialAssetsAtAmortisedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current financial assets measured at fair value through profit or loss. [Refer: Financial assets at fair value through profit or loss]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_8_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current financial liabilities. [Refer: Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentFinancialLiabilitiesAtAmortisedCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current financial liabilities measured at amortised cost. [Refer: Financial liabilities at amortised cost]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_8_g&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_8_f&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentFinancialLiabilitiesAtAmortisedCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current financial liabilities measured at fair value through profit or loss. [Refer: Financial liabilities at fair value through profit or loss]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_8_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_LeasesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_LeasesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesDraweeRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesDraweeRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_BorrowingsAndFinancingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_BorrowingsAndFinancingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_DividendsAndInterestOnEquityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_DividendsAndInterestOnEquityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_DerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_DerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_CashAndCashEquivalantMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_CashAndCashEquivalantMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_ShortTermInvestmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_ShortTermInvestmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradingEquitySecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradingEquitySecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_InvestmentPropertyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_InvestmentPropertyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_OtherTradeReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_OtherTradeReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_CompulsoryLoanEletrobrasMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_CompulsoryLoanEletrobrasMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_ReceivablesByIndemnityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_ReceivablesByIndemnityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_RelatedPartiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_RelatedPartiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_FinancialInvestmentesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_FinancialInvestmentesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>128
<FILENAME>R109.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191618920">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 1) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Current financial assets at fair value through profit or loss</a></td>
<td class="nump">R$ 3,310,174<span></span>
</td>
<td class="nump">R$ 2,120,018<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Non-current financial assets at fair value through profit or loss</a></td>
<td class="nump">59,879<span></span>
</td>
<td class="nump">51,503<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total Financial assets at fair value through profit or loss</a></td>
<td class="nump">3,370,053<span></span>
</td>
<td class="nump">2,171,521<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Current financial liabilities at fair value through profit or loss</a></td>
<td class="nump">8,722<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Non-current financial liabilities at fair value through profit or loss</a></td>
<td class="nump">97,535<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Total financial liabilites at fair value through profit or loss</a></td>
<td class="nump">106,257<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember', window );">Level 1 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Current financial assets at fair value through profit or loss</a></td>
<td class="nump">3,370,053<span></span>
</td>
<td class="nump">2,165,954<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss', window );">Total Financial assets at fair value through profit or loss</a></td>
<td class="nump">3,370,053<span></span>
</td>
<td class="nump">2,171,521<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember', window );">Level 2 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Non-current financial liabilities at fair value through profit or loss</a></td>
<td class="nump">106,257<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Total financial liabilites at fair value through profit or loss</a></td>
<td class="nump">106,257<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_FinancialInvestmentes1Member', window );">Financial investments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Current financial assets at fair value through profit or loss</a></td>
<td class="nump">3,305,109<span></span>
</td>
<td class="nump">2,114,620<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_FinancialInvestmentes1Member', window );">Financial investments [member] | Level 1 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Current financial assets at fair value through profit or loss</a></td>
<td class="nump">3,305,109<span></span>
</td>
<td class="nump">2,114,620<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_DerivativesMember', window );">Derivative financial instruments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Current financial assets at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">1,364<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Non-current financial assets at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">4,203<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Current financial liabilities at fair value through profit or loss</a></td>
<td class="nump">8,722<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Non-current financial liabilities at fair value through profit or loss</a></td>
<td class="nump">97,535<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_DerivativesMember', window );">Derivative financial instruments [member] | Level 2 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Current financial assets at fair value through profit or loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,364<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Non-current financial assets at fair value through profit or loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,203<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Current financial liabilities at fair value through profit or loss</a></td>
<td class="nump">8,722<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Non-current financial liabilities at fair value through profit or loss</a></td>
<td class="nump">97,535<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_Derivatives1Member', window );">Derivative financial instruments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Current financial assets at fair value through profit or loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,364<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Non-current financial assets at fair value through profit or loss</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,203<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Current financial liabilities at fair value through profit or loss</a></td>
<td class="nump">8,722<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss', window );">Non-current financial liabilities at fair value through profit or loss</a></td>
<td class="nump">97,535<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradingEquitySecuritiesMember', window );">Trading securities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Current financial assets at fair value through profit or loss</a></td>
<td class="nump">5,065<span></span>
</td>
<td class="nump">4,034<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradingEquitySecuritiesMember', window );">Trading securities [member] | Level 1 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Current financial assets at fair value through profit or loss</a></td>
<td class="nump">5,065<span></span>
</td>
<td class="nump">4,034<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_InvestmentPropertyMember', window );">Investments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Non-current financial assets at fair value through profit or loss</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_InvestmentPropertyMember', window );">Investments [member] | Level 1 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Non-current financial assets at fair value through profit or loss</a></td>
<td class="nump">59,879<span></span>
</td>
<td class="nump">47,300<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_InvestmentProperty1Member', window );">Investments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss', window );">Non-current financial assets at fair value through profit or loss</a></td>
<td class="nump">R$ 59,879<span></span>
</td>
<td class="nump">R$ 47,300<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current financial assets measured at fair value through profit or loss. [Refer: Financial assets at fair value through profit or loss]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_8_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentFinancialAssetsAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current financial liabilities measured at fair value through profit or loss. [Refer: Financial liabilities at fair value through profit or loss]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_8_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial assets that are measured at fair value and for which gains (losses) are recognised in profit or loss. A financial asset shall be measured at fair value through profit or loss unless it is measured at amortised cost or at fair value through other comprehensive income. A gain (loss) on a financial asset measured at fair value shall be recognised in profit or loss unless it is part of a hedging relationship, it is an investment in an equity instrument for which the entity has elected to present gains and losses in other comprehensive income or it is a financial asset measured at fair value through other comprehensive income. [Refer: At fair value [member]; Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_8_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial liabilities that meet either of the following conditions: (a) they meet the definition of held for trading; or (b) upon initial recognition they are designated by the entity as at fair value through profit or loss. An entity may use this designation only when permitted by paragraph 4.3.5 of IFRS 9 (embedded derivatives) or when doing so results in more relevant information, because either: (a) it eliminates or significantly reduces a measurement or recognition inconsistency (sometimes referred to as &#8216;an accounting mismatch&#8217;) that would otherwise arise from measuring assets or liabilities or recognising the gains and losses on them on different bases; or (b) a group of financial liabilities or financial assets and financial liabilities is managed and its performance is evaluated on a fair value basis, in accordance with a documented risk management or investment strategy, and information about the group is provided internally on that basis to the entity&#8217;s key management personnel (as defined in IAS 24). [Refer: At fair value [member]; Key management personnel of entity or parent [member]; Derivatives [member]; Financial assets; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_8_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current financial assets measured at fair value through profit or loss. [Refer: Financial assets at fair value through profit or loss]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_8_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentFinancialAssetsAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current financial liabilities measured at fair value through profit or loss. [Refer: Financial liabilities at fair value through profit or loss]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 8<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_8_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentFinancialLiabilitiesAtFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_FinancialInvestmentes1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_FinancialInvestmentes1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_DerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_DerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_Derivatives1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_Derivatives1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradingEquitySecuritiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradingEquitySecuritiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_InvestmentPropertyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_InvestmentPropertyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_InvestmentProperty1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_InvestmentProperty1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>129
<FILENAME>R110.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026194942088">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 2)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$) </div>
<div>Numnber </div>
<div>shares</div>
</th>
<th class="th">
<div>Dec. 31, 2019 </div>
<div>BRL (R$) </div>
<div>Numnber </div>
<div>shares</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_StockValue', window );">Closing Balance</a></td>
<td class="nump">R$ 3,305,109<span></span>
</td>
<td class="nump">R$ 2,114,620<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FairValueAdjustmentRecognizedInProfitOrloss', window );">Fair value adjustment recognized in profit or loss</a></td>
<td class="nump">R$ 1,190,489<span></span>
</td>
<td class="num">R$ (136,004)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=sid_OrdinarySharesOneMember', window );">USIM3 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NumberOfShares', window );">Quantity (in shares) | shares</a></td>
<td class="nump">107,156,651<span></span>
</td>
<td class="nump">107,156,651<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InvestmentInterestRate1', window );">Equity interest (%)</a></td>
<td class="nump">15.19<span></span>
</td>
<td class="nump">15.19<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SharePrice1', window );">Share price | Numnber</a></td>
<td class="nump">15.69<span></span>
</td>
<td class="nump">9.87<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_StockValue', window );">Closing Balance</a></td>
<td class="nump">R$ 1,681,288<span></span>
</td>
<td class="nump">R$ 1,057,636<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FairValueAdjustmentRecognizedInProfitOrloss', window );">Fair value adjustment recognized in profit or loss</a></td>
<td class="nump">R$ 623,652<span></span>
</td>
<td class="num">R$ (168,236)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_PreferenceSharesMember', window );">USIM5 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NumberOfShares', window );">Quantity (in shares) | shares</a></td>
<td class="nump">111,144,456<span></span>
</td>
<td class="nump">111,144,456<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InvestmentInterestRate1', window );">Equity interest (%)</a></td>
<td class="nump">20.29<span></span>
</td>
<td class="nump">20.29<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SharePrice1', window );">Share price | Numnber</a></td>
<td class="nump">14.61<span></span>
</td>
<td class="nump">9.51<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_StockValue', window );">Closing Balance</a></td>
<td class="nump">R$ 1,623,821<span></span>
</td>
<td class="nump">R$ 1,056,984<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FairValueAdjustmentRecognizedInProfitOrloss', window );">Fair value adjustment recognized in profit or loss</a></td>
<td class="nump">R$ 566,837<span></span>
</td>
<td class="nump">R$ 32,232<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=sid_PreferenceSharesoneMember', window );">PATI3 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NumberOfShares', window );">Quantity (in shares) | shares</a></td>
<td class="nump">2,065,529<span></span>
</td>
<td class="nump">2,065,529<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InvestmentInterestRate1', window );">Equity interest (%)</a></td>
<td class="nump">11.31<span></span>
</td>
<td class="nump">11.31<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SharePrice1', window );">Share price | Numnber</a></td>
<td class="nump">28.99<span></span>
</td>
<td class="nump">22.90<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_StockValue', window );">Closing Balance</a></td>
<td class="nump">R$ 59,879<span></span>
</td>
<td class="nump">R$ 47,300<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FairValueAdjustmentRecognizedInProfitOrloss', window );">Fair value adjustment recognized in profit or loss</a></td>
<td class="nump">12,579<span></span>
</td>
<td class="nump">17,224<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfShareCapitalAxis=sid_TotalSharesMember', window );">Total shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_StockValue', window );">Closing Balance</a></td>
<td class="nump">3,364,988<span></span>
</td>
<td class="nump">2,161,920<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FairValueAdjustmentRecognizedInProfitOrloss', window );">Fair value adjustment recognized in profit or loss</a></td>
<td class="nump">R$ 1,203,068<span></span>
</td>
<td class="num">R$ (118,780)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FairValueAdjustmentRecognizedInProfitOrloss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to the fair value adjustment recognized in profit or loss.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FairValueAdjustmentRecognizedInProfitOrloss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_InvestmentInterestRate1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information about percentage of investment interest rate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_InvestmentInterestRate1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:pureItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_NumberOfShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information about number of shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_NumberOfShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SharePrice1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information about the share price.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SharePrice1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_StockValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to the stock value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_StockValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=sid_OrdinarySharesOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=sid_OrdinarySharesOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_PreferenceSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_PreferenceSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=sid_PreferenceSharesoneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=sid_PreferenceSharesoneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=sid_TotalSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=sid_TotalSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>130
<FILENAME>R111.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186112344">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 3) - Dec. 31, 2020<br> &#8364; in Thousands, $ in Thousands</strong></div></th>
<th class="th"><div>USD ($)</div></th>
<th class="th"><div>EUR (&#8364;)</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=sid_USMember', window );">UNITED STATES [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossCreditExposure', window );">Foreign exchange exposure | $</a></td>
<td class="nump">$ 48,679<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=sid_EURMember', window );">Euro [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossCreditExposure', window );">Foreign exchange exposure | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 10,138<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | UNITED STATES [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossCreditExposure', window );">Foreign exchange exposure | $</a></td>
<td class="num">(3,876,521)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | UNITED STATES [member] | Cash flow hedges [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | $</a></td>
<td class="nump">3,992,200<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | UNITED STATES [member] | Exchange rate swap CDI x dollar [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | $</a></td>
<td class="num">(67,000)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | UNITED STATES [member] | Borrowings and financing [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | $</a></td>
<td class="num">(4,812,268)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | UNITED STATES [member] | Trade payables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | $</a></td>
<td class="num">(139,672)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | UNITED STATES [member] | Other liabilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | $</a></td>
<td class="num">(9,305)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | UNITED STATES [member] | Total liabilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | $</a></td>
<td class="num">(4,961,417)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | UNITED STATES [member] | Iron ore derivative [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | $</a></td>
<td class="num">(172)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | UNITED STATES [member] | Cash and cash equivalents overseas [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | $</a></td>
<td class="nump">664,951<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | UNITED STATES [member] | Trade receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | $</a></td>
<td class="nump">387,039<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | UNITED STATES [member] | Other assets [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | $</a></td>
<td class="nump">9,158<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | UNITED STATES [member] | Total assets [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | $</a></td>
<td class="nump">1,084,896<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | UNITED STATES [member] | Financial investments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | $</a></td>
<td class="nump">$ 23,748<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Euro [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossCreditExposure', window );">Foreign exchange exposure | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">10,138<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Euro [member] | Cash flow hedges [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Euro [member] | Exchange rate swap CDI x dollar [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Euro [member] | Borrowings and financing [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Euro [member] | Trade payables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(9,258)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Euro [member] | Other liabilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(1,010)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Euro [member] | Total liabilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(10,268)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Euro [member] | Iron ore derivative [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Euro [member] | Cash and cash equivalents overseas [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">13,372<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Euro [member] | Trade receivables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,560<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Euro [member] | Other assets [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,474<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Euro [member] | Total assets [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">20,406<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Euro [member] | Financial investments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CreditExposure', window );">Net foreign exchange exposure | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CreditExposure">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of exposure to loss resulting from credit risk. [Refer: Credit risk [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph IG24<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_IG24_a&amp;doctype=Implementation%20Guidance&amp;book=b<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph IG25<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_IG25_b&amp;doctype=Implementation%20Guidance&amp;book=b<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 36<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_36_c&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CreditExposure</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_GrossCreditExposure">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to gross credit exposure.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_GrossCreditExposure</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=sid_USMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=sid_USMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=sid_EURMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=sid_EURMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=ifrs-full_CashFlowHedgesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=ifrs-full_CashFlowHedgesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=ifrs-full_CurrencySwapContractMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=ifrs-full_CurrencySwapContractMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_BorrowingsAndFinancingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_BorrowingsAndFinancingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_OtherLiabilities1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_OtherLiabilities1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=ifrs-full_LiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=ifrs-full_LiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_IronOreDerivativeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_IronOreDerivativeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_CashAndCashEquivalentsOverseasMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_CashAndCashEquivalentsOverseasMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_OtherAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_OtherAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_ClassesOfAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_ClassesOfAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_FinancialInvestmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_FinancialInvestmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>131
<FILENAME>R112.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026185790072">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 4) - Foreign exchange risk [member]<br></strong></div></th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>Numnber</div>
</th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">UNITED STATES [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="nump">5.1967<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">UNITED STATES [member] | Probable scenario [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="nump">5.2617<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">UNITED STATES [member] | Scenario 1 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="nump">6.4959<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">UNITED STATES [member] | Scenario 2 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="nump">7.7951<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Euro [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="nump">6.3779<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Euro [member] | Probable scenario [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="nump">6.3867<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Euro [member] | Scenario 1 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="nump">7.9724<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Euro [member] | Scenario 2 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="nump">9.5669<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">USD x EUR [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="nump">1.2271<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">USD x EUR [member] | Probable scenario [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="nump">1.2124<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">USD x EUR [member] | Scenario 1 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="nump">1.5339<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">USD x EUR [member] | Scenario 2 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClosingForeignExchangeRate', window );">Exchange rate</a></td>
<td class="nump">1.8407<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClosingForeignExchangeRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The spot exchange rate at the end of the reporting period. Exchange rate is the ratio of exchange for two currencies. Spot exchange rate is the exchange rate for immediate delivery.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClosingForeignExchangeRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=country_US">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=country_US</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ProbableScenarioMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ProbableScenarioMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=sid_EURMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=sid_EURMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=sid_USDXEURMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=sid_USDXEURMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>132
<FILENAME>R113.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026184192072">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 5) - Foreign exchange risk [member]<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr><th class="th" colspan="2">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">UNITED STATES [member] | Net exchange position [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">R$ 48,679<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CurrencyRisk', window );">Risk</a></td>
<td class="text">Dollar<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">UNITED STATES [member] | Gross exchange position [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="num">R$ (3,876,521)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CurrencyRisk', window );">Risk</a></td>
<td class="text">Dollar<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">UNITED STATES [member] | Cash flow hedges [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">R$ 3,992,200<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CurrencyRisk', window );">Risk</a></td>
<td class="text">Dollar<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Euro [member] | Net exchange position [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">R$ 10,138<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CurrencyRisk', window );">Risk</a></td>
<td class="text">Euro<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Probable scenario [member] | UNITED STATES [member] | Net exchange position [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss', window );">Impact on profit or loss</a></td>
<td class="nump">R$ 3,164<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Probable scenario [member] | UNITED STATES [member] | Gross exchange position [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss', window );">Impact on profit or loss</a></td>
<td class="num">(251,974)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Probable scenario [member] | UNITED STATES [member] | Cash flow hedges [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss', window );">Impact on profit or loss</a></td>
<td class="nump">259,493<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Probable scenario [member] | Euro [member] | Net exchange position [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss', window );">Impact on profit or loss</a></td>
<td class="nump">89<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Scenario 1 [member] | UNITED STATES [member] | Net exchange position [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss', window );">Impact on profit or loss</a></td>
<td class="nump">63,242<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Scenario 1 [member] | UNITED STATES [member] | Gross exchange position [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss', window );">Impact on profit or loss</a></td>
<td class="num">(5,036,279)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Scenario 1 [member] | UNITED STATES [member] | Cash flow hedges [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss', window );">Impact on profit or loss</a></td>
<td class="nump">5,186,566<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Scenario 1 [member] | Euro [member] | Net exchange position [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss', window );">Impact on profit or loss</a></td>
<td class="nump">16,165<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Scenario 2 [member] | UNITED STATES [member] | Net exchange position [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss', window );">Impact on profit or loss</a></td>
<td class="nump">126,486<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Scenario 2 [member] | UNITED STATES [member] | Gross exchange position [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss', window );">Impact on profit or loss</a></td>
<td class="num">(10,072,558)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Scenario 2 [member] | UNITED STATES [member] | Cash flow hedges [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss', window );">Impact on profit or loss</a></td>
<td class="nump">10,373,133<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Scenario 2 [member] | Euro [member] | Net exchange position [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss', window );">Impact on profit or loss</a></td>
<td class="nump">32,330<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapDollarEuroMember', window );">Exchange rate swap dollar x euro [member] | UNITED STATES [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="nump">R$ 40,697<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CurrencyRisk', window );">Risk</a></td>
<td class="text">Dollar<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapDollarEuroMember', window );">Exchange rate swap dollar x euro [member] | Probable scenario [member] | UNITED STATES [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss', window );">Impact on profit or loss</a></td>
<td class="nump">R$ 5,264<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapDollarEuroMember', window );">Exchange rate swap dollar x euro [member] | Scenario 1 [member] | UNITED STATES [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss', window );">Impact on profit or loss</a></td>
<td class="nump">50,134<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapDollarEuroMember', window );">Exchange rate swap dollar x euro [member] | Scenario 2 [member] | UNITED STATES [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss', window );">Impact on profit or loss</a></td>
<td class="nump">78,337<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateAwapCDIDollarMember', window );">Exchange rate swap CDI x dollar [member] | UNITED STATES [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Notional amount</a></td>
<td class="num">R$ (67,000)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CurrencyRisk', window );">Risk</a></td>
<td class="text">Dollar<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateAwapCDIDollarMember', window );">Exchange rate swap CDI x dollar [member] | Probable scenario [member] | UNITED STATES [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss', window );">Impact on profit or loss</a></td>
<td class="num">R$ (4,355)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateAwapCDIDollarMember', window );">Exchange rate swap CDI x dollar [member] | Scenario 1 [member] | UNITED STATES [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss', window );">Impact on profit or loss</a></td>
<td class="num">(87,045)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateAwapCDIDollarMember', window );">Exchange rate swap CDI x dollar [member] | Scenario 2 [member] | UNITED STATES [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss', window );">Impact on profit or loss</a></td>
<td class="num">R$ (174,089)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The probable scenarios were calculated considering the following variations for risks: Real x Dollar - devaluation of the Real by 1.25% / Real x Euro - devaluation of the Real by 0.14% / Euro x Dollar - appreciation of Euro by 1.20%, Source: Central Bank of Brazil and European Central Bank quotations on 1/14/2021.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) on the ineffective portion of cash flow hedges recognised in profit or loss. [Refer: Cash flow hedges [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_24_b&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnIneffectivenessOfCashFlowHedgesRecognisedInProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NotionalAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal or face amount of a financial instrument, used to calculate payments made on that instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NotionalAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CurrencyRisk">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to currency risk.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CurrencyRisk</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=country_US">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=country_US</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=sid_NetExchangePositionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=sid_NetExchangePositionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=sid_GrossExchangePositionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=sid_GrossExchangePositionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=ifrs-full_CashFlowHedgesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=ifrs-full_CashFlowHedgesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_EUR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_EUR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=sid_NetExchangePositionOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=sid_NetExchangePositionOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ProbableScenarioMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ProbableScenarioMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapDollarEuroMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapDollarEuroMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateAwapCDIDollarMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateAwapCDIDollarMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>133
<FILENAME>R114.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026184178680">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 6)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ProbableScenarioMember', window );">Probable scenario [member] | USIM3 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisForStockPriceRisks', window );">Sensitivity analysis for stock price risks</a></td>
<td class="num">R$ (84,064)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ProbableScenarioMember', window );">Probable scenario [member] | USIM5 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisForStockPriceRisks', window );">Sensitivity analysis for stock price risks</a></td>
<td class="num">(81,191)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ProbableScenarioMember', window );">Probable scenario [member] | PATI3 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisForStockPriceRisks', window );">Sensitivity analysis for stock price risks</a></td>
<td class="num">(2,994)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIThreeMember', window );">Scenario 1 [member] | USIM3 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisForStockPriceRisks', window );">Sensitivity analysis for stock price risks</a></td>
<td class="num">(420,322)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIThreeMember', window );">Scenario 1 [member] | USIM5 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisForStockPriceRisks', window );">Sensitivity analysis for stock price risks</a></td>
<td class="num">(405,955)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIThreeMember', window );">Scenario 1 [member] | PATI3 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisForStockPriceRisks', window );">Sensitivity analysis for stock price risks</a></td>
<td class="num">(14,970)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIITwoMember', window );">Scenario 2 [member] | USIM3 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisForStockPriceRisks', window );">Sensitivity analysis for stock price risks</a></td>
<td class="num">(840,644)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIITwoMember', window );">Scenario 2 [member] | USIM5 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisForStockPriceRisks', window );">Sensitivity analysis for stock price risks</a></td>
<td class="num">(811,910)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIITwoMember', window );">Scenario 2 [member] | PATI3 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisForStockPriceRisks', window );">Sensitivity analysis for stock price risks</a></td>
<td class="num">R$ (29,940)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SensitivityAnalysisForStockPriceRisks">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amouont of sensitivity analysis for stock price risks.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SensitivityAnalysisForStockPriceRisks</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ProbableScenarioMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ProbableScenarioMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=sid_OrdinarySharesOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=sid_OrdinarySharesOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_PreferenceSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=ifrs-full_PreferenceSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfShareCapitalAxis=sid_PreferenceSharesoneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfShareCapitalAxis=sid_PreferenceSharesoneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIThreeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIThreeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIITwoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIITwoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>134
<FILENAME>R115.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026184183784">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 7) - Interest rate risk [member]<br></strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">CDI [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisInterestRate', window );">Interest rate (in percent)</a></td>
<td class="nump">1.90%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">CDI [member] | Scenario 1 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisInterestRate', window );">Interest rate (in percent)</a></td>
<td class="nump">2.38%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">CDI [member] | Scenario 2 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisInterestRate', window );">Interest rate (in percent)</a></td>
<td class="nump">2.85%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">TJLP [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisInterestRate', window );">Interest rate (in percent)</a></td>
<td class="nump">4.55%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">TJLP [member] | Scenario 1 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisInterestRate', window );">Interest rate (in percent)</a></td>
<td class="nump">5.69%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">TJLP [member] | Scenario 2 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisInterestRate', window );">Interest rate (in percent)</a></td>
<td class="nump">6.38%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Libor [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisInterestRate', window );">Interest rate (in percent)</a></td>
<td class="nump">0.26%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Libor [member] | Scenario 1 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisInterestRate', window );">Interest rate (in percent)</a></td>
<td class="nump">0.32%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Libor [member] | Scenario 2 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisInterestRate', window );">Interest rate (in percent)</a></td>
<td class="nump">0.39%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SensitivityAnalysisInterestRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information about sensitivity analysis interest rate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SensitivityAnalysisInterestRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_VariableInterestRateAxis=sid_CDIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_VariableInterestRateAxis=sid_CDIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_VariableInterestRateAxis=sid_TJLPMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_VariableInterestRateAxis=sid_TJLPMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_VariableInterestRateAxis=sid_LondonInterbankOfferedRateLIBOROneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_VariableInterestRateAxis=sid_LondonInterbankOfferedRateLIBOROneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>135
<FILENAME>R116.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026182840680">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 8) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 19,159,951<span></span>
</td>
<td class="nump">R$ 7,665,876<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 42,940,059<span></span>
</td>
<td class="nump">R$ 32,712,311<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Interest rate risk [member] | TJLP [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InterestRatesDuringTheYear', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4.55%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (817,374)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Interest rate risk [member] | TJLP [member] | Probable scenario [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(2,155)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Interest rate risk [member] | TJLP [member] | Scenario 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(9,298)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Interest rate risk [member] | TJLP [member] | Scenario 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (18,596)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Interest rate risk [member] | LIBOR [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InterestRatesDuringTheYear', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.26%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (4,533,341)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Interest rate risk [member] | LIBOR [member] | Probable scenario [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(43,321)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Interest rate risk [member] | LIBOR [member] | Scenario 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,920)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Interest rate risk [member] | LIBOR [member] | Scenario 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (5,840)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Interest rate risk [member] | CDI [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InterestRatesDuringTheYear', window );">Interest</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1.90%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialAssets', window );">Assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 5,779,452<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(9,104,416)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Interest rate risk [member] | CDI [member] | Probable scenario [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(10,673)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Interest rate risk [member] | CDI [member] | Scenario 1 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(15,794)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember', window );">Interest rate risk [member] | CDI [member] | Scenario 2 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (31,588)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The sensitivity analysis is based on the premise of maintaining the market values as of December 31, 2020 as a probable scenario recorded in the company's assets and liabilities,</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that are: (a) cash; (b) an equity instrument of another entity; (c) a contractual right: (i) to receive cash or another financial asset from another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially favourable to the entity; or (d) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to receive a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose the entity&#8217;s own equity instruments do not include puttable financial instruments classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. [Refer: Financial instruments, class [member]; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 35H<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35H&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 35I<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35I&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 35M<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35M&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 35N<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35N&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that are: (a) a contractual obligation: (i) to deliver cash or another financial asset to another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the entity; or (b) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to deliver a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose, rights, options or warrants to acquire a fixed number of the entity&#8217;s own equity instruments for a fixed amount of any currency are equity instruments if the entity offers the rights, options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. Also, for those purposes the entity&#8217;s own equity instruments do not include puttable financial instruments that are classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. As an exception, an instrument that meets the definition of a financial liability is classified as an equity instrument if it has all the features and meets the conditions in paragraphs 16A-16B or paragraphs 16C-16D of IAS 32. [Refer: Financial instruments, class [member]; Financial assets; Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_InterestRatesDuringTheYear">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to interest rates during the year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_InterestRatesDuringTheYear</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_InterestRateRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_VariableInterestRateAxis=sid_TJLPMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_VariableInterestRateAxis=sid_TJLPMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ProbableScenarioMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ProbableScenarioMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_VariableInterestRateAxis=sid_LIBORMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_VariableInterestRateAxis=sid_LIBORMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_VariableInterestRateAxis=sid_CDIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_VariableInterestRateAxis=sid_CDIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>136
<FILENAME>R117.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026181927608">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 9)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr><th class="th" colspan="2">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ProbableScenarioMember', window );">Probable scenario [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisForPriceRisks', window );">Sensitivity analysis for price risks</a></td>
<td class="num">R$ (76,821)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ProbableScenarioMember', window );">Probable scenario [member] | 2/2/2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisForPriceRisks', window );">Sensitivity analysis for price risks</a></td>
<td class="num">(33,677)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ProbableScenarioMember', window );">Probable scenario [member] | 3/2/2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisForPriceRisks', window );">Sensitivity analysis for price risks</a></td>
<td class="num">(43,144)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIITwoMember', window );">Scenario 2 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisForPriceRisks', window );">Sensitivity analysis for price risks</a></td>
<td class="num">(496,354)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIITwoMember', window );">Scenario 2 [member] | 2/2/2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisForPriceRisks', window );">Sensitivity analysis for price risks</a></td>
<td class="num">(240,524)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIITwoMember', window );">Scenario 2 [member] | 3/2/2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisForPriceRisks', window );">Sensitivity analysis for price risks</a></td>
<td class="num">(255,830)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIThreeMember', window );">Scenario 1 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisForPriceRisks', window );">Sensitivity analysis for price risks</a></td>
<td class="num">(248,177)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIThreeMember', window );">Scenario 1 [member] | 2/2/2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisForPriceRisks', window );">Sensitivity analysis for price risks</a></td>
<td class="num">(120,262)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIThreeMember', window );">Scenario 1 [member] | 3/2/2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityAnalysisForPriceRisks', window );">Sensitivity analysis for price risks</a></td>
<td class="num">R$ (127,915)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The probable scenario was calculated considering the quotation of "Platts" on 1/14/2021 for the maturities of 2/2/2021 and 3/2/2021. Source Bloomberg.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SensitivityAnalysisForPriceRisks">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of sensitivity analysis for price risks.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SensitivityAnalysisForPriceRisks</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ProbableScenarioMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ProbableScenarioMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=sid_NotLaterThanOneYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=sid_NotLaterThanOneYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIITwoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIITwoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIThreeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIThreeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>137
<FILENAME>R118.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191503272">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 10) - Foreign exchange risk [member]<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AppreciationAssetPosition', window );">Appreciation asset position</a></td>
<td class="nump">R$ 501,066<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AppreciationLiabilityPosition', window );">Appreciation liability position</a></td>
<td class="num">(606,430)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FairValueMarketAmoountReceivablePayable', window );">Fair value market amoount receivable / payable</a></td>
<td class="num">(105,364)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ImpactOnFinancialIncomeExpenses', window );">Impact on financial income (expenses)</a></td>
<td class="num">R$ (115,815)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Exchange rate swap dollar x euro [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_Maturity', window );">Maturity</a></td>
<td class="text">04/26/2021 to 06/08/2021<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FunctionalCurrency', window );">Functional Currency</a></td>
<td class="text">Dollar<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NotionalAmounts', window );">Notional amount</a></td>
<td class="nump">R$ 17,377<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AppreciationAssetPosition', window );">Appreciation asset position</a></td>
<td class="nump">90,315<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AppreciationLiabilityPosition', window );">Appreciation liability position</a></td>
<td class="num">(93,823)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FairValueMarketAmoountReceivablePayable', window );">Fair value market amoount receivable / payable</a></td>
<td class="num">(3,508)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ImpactOnFinancialIncomeExpenses', window );">Impact on financial income (expenses)</a></td>
<td class="num">R$ (4,749)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Exchange rate swap Dollar x Euro [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_Maturity', window );">Maturity</a></td>
<td class="text">01/06/2021 a 06/11/2021<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FunctionalCurrency', window );">Functional Currency</a></td>
<td class="text">Dollar<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NotionalAmounts', window );">Notional amount</a></td>
<td class="nump">R$ 23,320<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AppreciationAssetPosition', window );">Appreciation asset position</a></td>
<td class="nump">121,207<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AppreciationLiabilityPosition', window );">Appreciation liability position</a></td>
<td class="num">(125,528)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FairValueMarketAmoountReceivablePayable', window );">Fair value market amoount receivable / payable</a></td>
<td class="num">(4,321)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ImpactOnFinancialIncomeExpenses', window );">Impact on financial income (expenses)</a></td>
<td class="num">(4,321)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Total dollar-to-euro swap [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NotionalAmounts', window );">Notional amount</a></td>
<td class="nump">40,697<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AppreciationAssetPosition', window );">Appreciation asset position</a></td>
<td class="nump">211,522<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AppreciationLiabilityPosition', window );">Appreciation liability position</a></td>
<td class="num">(219,351)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FairValueMarketAmoountReceivablePayable', window );">Fair value market amoount receivable / payable</a></td>
<td class="num">(7,829)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ImpactOnFinancialIncomeExpenses', window );">Impact on financial income (expenses)</a></td>
<td class="num">R$ (9,070)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Exchange rate swap GBP x euro [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_Maturity', window );">Maturity</a></td>
<td class="text">Settled<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FunctionalCurrency', window );">Functional Currency</a></td>
<td class="text">GBP<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NotionalAmounts', window );">Notional amount</a></td>
<td class="nump">R$ 3,956<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ImpactOnFinancialIncomeExpenses', window );">Impact on financial income (expenses)</a></td>
<td class="num">(602)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Total Swap GBP x Euro [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NotionalAmounts', window );">Notional amount</a></td>
<td class="nump">3,956<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ImpactOnFinancialIncomeExpenses', window );">Impact on financial income (expenses)</a></td>
<td class="num">R$ (602)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Exchange rate swap CDI x dollar [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_Maturity', window );">Maturity</a></td>
<td class="text">2/10/2023<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FunctionalCurrency', window );">Functional Currency</a></td>
<td class="text">Dollar<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NotionalAmounts', window );">Notional amount</a></td>
<td class="num">R$ (67,000)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AppreciationAssetPosition', window );">Appreciation asset position</a></td>
<td class="nump">289,544<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AppreciationLiabilityPosition', window );">Appreciation liability position</a></td>
<td class="num">(387,079)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FairValueMarketAmoountReceivablePayable', window );">Fair value market amoount receivable / payable</a></td>
<td class="num">(97,535)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ImpactOnFinancialIncomeExpenses', window );">Impact on financial income (expenses)</a></td>
<td class="num">(106,143)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Total Swap CDI x dollar [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NotionalAmounts', window );">Notional amount</a></td>
<td class="num">(67,000)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AppreciationAssetPosition', window );">Appreciation asset position</a></td>
<td class="nump">289,544<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AppreciationLiabilityPosition', window );">Appreciation liability position</a></td>
<td class="num">(387,079)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FairValueMarketAmoountReceivablePayable', window );">Fair value market amoount receivable / payable</a></td>
<td class="num">(97,535)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ImpactOnFinancialIncomeExpenses', window );">Impact on financial income (expenses)</a></td>
<td class="num">R$ (106,143)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AppreciationAssetPosition">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Appreciation asset position.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AppreciationAssetPosition</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AppreciationLiabilityPosition">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Appreciation liability position.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AppreciationLiabilityPosition</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FairValueMarketAmoountReceivablePayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value market amoount receivable / payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FairValueMarketAmoountReceivablePayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FunctionalCurrency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Functional Currency.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FunctionalCurrency</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ImpactOnFinancialIncomeExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of impact on financial income (expenses).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ImpactOnFinancialIncomeExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_Maturity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Description of maturity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_Maturity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_NotionalAmounts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Notional amount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_NotionalAmounts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapDollarEuroMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapDollarEuroMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapDollarEuroOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapDollarEuroOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_TotalDollarToEuroSwapMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_TotalDollarToEuroSwapMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapGBPEuroMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapGBPEuroMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_TotalSwapGBPEuroMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_TotalSwapGBPEuroMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapCDIDollarMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapCDIDollarMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_TotalSwapCDIDollarMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_TotalSwapCDIDollarMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>138
<FILENAME>R119.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026182529048">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 11) - Foreign exchange risk [member]<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr><th class="th" colspan="2">
<div>Dec. 31, 2020 </div>
<div>BRL (R$) </div>
<div>Numnber</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 120,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Cash flow hedges [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">5,828,806<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization', window );">Amortized part</a></td>
<td class="num">(1,836,606)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments', window );">Effect on Result</a></td>
<td class="num">(1,667,886)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Impact on Shareholders' equity</a></td>
<td class="num">R$ (5,125,058)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Cash flow hedges [member] | Export prepayments in us$ to third parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_HedgingRelationshipDesignationDate', window );">Designation date</a></td>
<td class="text">12/18/2014<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument', window );">Hedging instrument</a></td>
<td class="text">Export prepayments in US$ to third parties<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged', window );">Hedged item</a></td>
<td class="text">Part of the highly probable future monthly iron ore exports<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfTypeOfHedge', window );">Type of hedged risk</a></td>
<td class="text">Foreign exchange - R$ vs. US$ spot rate<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur', window );">Hedged period</a></td>
<td class="text">&#160;May 2020&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AveragePriceOfHedgingInstrument', window );">Exchange rate on designation | Numnber</a></td>
<td class="nump">2.6805<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 30,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization', window );">Amortized part</a></td>
<td class="num">(30,000)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments', window );">Effect on Result</a></td>
<td class="num">(82,374)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Impact on Shareholders' equity</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Cash flow hedges [member] | Export prepayments in us$ to third parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_HedgingRelationshipDesignationDate', window );">Designation date</a></td>
<td class="text">12/18/2014<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument', window );">Hedging instrument</a></td>
<td class="text">Export prepayments in US$ to third parties<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged', window );">Hedged item</a></td>
<td class="text">Part of the highly probable future monthly iron ore exports<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfTypeOfHedge', window );">Type of hedged risk</a></td>
<td class="text">Foreign exchange - R$ vs. US$ spot rate<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur', window );">Hedged period</a></td>
<td class="text">&#160;May 2020&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AveragePriceOfHedgingInstrument', window );">Exchange rate on designation | Numnber</a></td>
<td class="nump">2.678<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 35,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization', window );">Amortized part</a></td>
<td class="num">(35,000)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments', window );">Effect on Result</a></td>
<td class="num">(96,190)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Impact on Shareholders' equity</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Cash flow hedges [member] | Export prepayments in us$ to third parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_HedgingRelationshipDesignationDate', window );">Designation date</a></td>
<td class="text">12/18/2014<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument', window );">Hedging instrument</a></td>
<td class="text">Export prepayments in US$ to third parties<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged', window );">Hedged item</a></td>
<td class="text">Part of the highly probable future monthly iron ore exports<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfTypeOfHedge', window );">Type of hedged risk</a></td>
<td class="text">Foreign exchange - R$ vs. US$ spot rate<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur', window );">Hedged period</a></td>
<td class="text">&#160;May 2020&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AveragePriceOfHedgingInstrument', window );">Exchange rate on designation | Numnber</a></td>
<td class="nump">2.676<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 35,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization', window );">Amortized part</a></td>
<td class="num">(35,000)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments', window );">Effect on Result</a></td>
<td class="num">(96,261)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Impact on Shareholders' equity</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Cash flow hedges [member] | Export prepayments in us$ to third parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_HedgingRelationshipDesignationDate', window );">Designation date</a></td>
<td class="text">7/21/2015<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument', window );">Hedging instrument</a></td>
<td class="text">Export prepayments in US$ to third parties<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged', window );">Hedged item</a></td>
<td class="text">Part of the highly probable future monthly iron ore exports<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfTypeOfHedge', window );">Type of hedged risk</a></td>
<td class="text">Foreign exchange - R$ vs. US$ spot rate<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur', window );">Hedged period</a></td>
<td class="text">&#160;July 2019 - March 2021&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AveragePriceOfHedgingInstrument', window );">Exchange rate on designation | Numnber</a></td>
<td class="nump">3.1813<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 60,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization', window );">Amortized part</a></td>
<td class="num">(45,000)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments', window );">Effect on Result</a></td>
<td class="num">(58,475)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Impact on Shareholders' equity</a></td>
<td class="num">R$ (30,231)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Cash flow hedges [member] | Export prepayments in us$ to third parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_HedgingRelationshipDesignationDate', window );">Designation date</a></td>
<td class="text">7/23/2015<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument', window );">Hedging instrument</a></td>
<td class="text">Export prepayments in US$ to third parties<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged', window );">Hedged item</a></td>
<td class="text">Part of the highly probable future monthly iron ore exports<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfTypeOfHedge', window );">Type of hedged risk</a></td>
<td class="text">Foreign exchange - R$ vs. US$ spot rate<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur', window );">Hedged period</a></td>
<td class="text">&#160;July 2019 - March 2021&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AveragePriceOfHedgingInstrument', window );">Exchange rate on designation | Numnber</a></td>
<td class="nump">3.285<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 100,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization', window );">Amortized part</a></td>
<td class="num">(75,000)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments', window );">Effect on Result</a></td>
<td class="num">(92,026)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Impact on Shareholders' equity</a></td>
<td class="num">R$ (47,793)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Cash flow hedges [member] | Export prepayments in us$ to third parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_HedgingRelationshipDesignationDate', window );">Designation date</a></td>
<td class="text">7/23/2015<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument', window );">Hedging instrument</a></td>
<td class="text">Export prepayments in US$ to third parties<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged', window );">Hedged item</a></td>
<td class="text">Part of the highly probable future monthly iron ore exports<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfTypeOfHedge', window );">Type of hedged risk</a></td>
<td class="text">Foreign exchange - R$ vs. US$ spot rate<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur', window );">Hedged period</a></td>
<td class="text">&#160;August 2018 - October 2022&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AveragePriceOfHedgingInstrument', window );">Exchange rate on designation | Numnber</a></td>
<td class="nump">3.285<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 30,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization', window );">Amortized part</a></td>
<td class="num">(18,000)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments', window );">Effect on Result</a></td>
<td class="num">(14,185)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Impact on Shareholders' equity</a></td>
<td class="num">R$ (22,940)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Cash flow hedges [member] | Export pepayments in us$ to third parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_HedgingRelationshipDesignationDate', window );">Designation date</a></td>
<td class="text">7/24/2015<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument', window );">Hedging instrument</a></td>
<td class="text">Export prepayments in US$ to third parties<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged', window );">Hedged item</a></td>
<td class="text">Part of the highly probable future monthly iron ore exports<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfTypeOfHedge', window );">Type of hedged risk</a></td>
<td class="text">Foreign exchange - R$ vs. US$ spot rate<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur', window );">Hedged period</a></td>
<td class="text">&#160;August 2018 - October 2022&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AveragePriceOfHedgingInstrument', window );">Exchange rate on designation | Numnber</a></td>
<td class="nump">3.3254<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 100,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization', window );">Amortized part</a></td>
<td class="num">(60,000)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments', window );">Effect on Result</a></td>
<td class="num">(46,474)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Impact on Shareholders' equity</a></td>
<td class="num">R$ (74,852)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Cash flow hedges [member] | Export prepayments in us$ to third parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_HedgingRelationshipDesignationDate', window );">Designation date</a></td>
<td class="text">7/27/2015<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument', window );">Hedging instrument</a></td>
<td class="text">Export prepayments in US$ to third parties<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged', window );">Hedged item</a></td>
<td class="text">Part of the highly probable future monthly iron ore exports<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfTypeOfHedge', window );">Type of hedged risk</a></td>
<td class="text">Foreign exchange - R$ vs. US$ spot rate<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur', window );">Hedged period</a></td>
<td class="text">&#160;August 2018 - October 2022&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AveragePriceOfHedgingInstrument', window );">Exchange rate on designation | Numnber</a></td>
<td class="nump">3.3557<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 25,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization', window );">Amortized part</a></td>
<td class="num">(15,000)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments', window );">Effect on Result</a></td>
<td class="num">(11,467)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Impact on Shareholders' equity</a></td>
<td class="num">R$ (18,410)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Cash flow hedges [member] | Export prepayments in us$ to third parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_HedgingRelationshipDesignationDate', window );">Designation date</a></td>
<td class="text">7/27/2015<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument', window );">Hedging instrument</a></td>
<td class="text">Export prepayments in US$ to third parties<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged', window );">Hedged item</a></td>
<td class="text">Part of the highly probable future monthly iron ore exports<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfTypeOfHedge', window );">Type of hedged risk</a></td>
<td class="text">Foreign exchange - R$ vs. US$ spot rate<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur', window );">Hedged period</a></td>
<td class="text">&#160;August 2018 - October 2022&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AveragePriceOfHedgingInstrument', window );">Exchange rate on designation | Numnber</a></td>
<td class="nump">3.3557<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 70,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization', window );">Amortized part</a></td>
<td class="num">(42,000)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments', window );">Effect on Result</a></td>
<td class="num">(32,108)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Impact on Shareholders' equity</a></td>
<td class="num">R$ (51,548)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Cash flow hedges [member] | Export prepayments in us$ to third parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_HedgingRelationshipDesignationDate', window );">Designation date</a></td>
<td class="text">7/27/2015<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument', window );">Hedging instrument</a></td>
<td class="text">Export prepayments in US$ to third parties<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged', window );">Hedged item</a></td>
<td class="text">Part of the highly probable future monthly iron ore exports<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfTypeOfHedge', window );">Type of hedged risk</a></td>
<td class="text">Foreign exchange - R$ vs. US$ spot rate<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur', window );">Hedged period</a></td>
<td class="text">&#160;August 2018 - October 2022&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AveragePriceOfHedgingInstrument', window );">Exchange rate on designation | Numnber</a></td>
<td class="nump">3.3557<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 30,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization', window );">Amortized part</a></td>
<td class="num">(18,000)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments', window );">Effect on Result</a></td>
<td class="num">(13,760)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Impact on Shareholders' equity</a></td>
<td class="num">R$ (22,092)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Cash flow hedges [member] | Export prepayments in us$ to third parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_HedgingRelationshipDesignationDate', window );">Designation date</a></td>
<td class="text">7/28/2015<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument', window );">Hedging instrument</a></td>
<td class="text">Export prepayments in US$ to third parties<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged', window );">Hedged item</a></td>
<td class="text">Part of the highly probable future monthly iron ore exports<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfTypeOfHedge', window );">Type of hedged risk</a></td>
<td class="text">Foreign exchange - R$ vs. US$ spot rate<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur', window );">Hedged period</a></td>
<td class="text">&#160;August 2018 - October 2022&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AveragePriceOfHedgingInstrument', window );">Exchange rate on designation | Numnber</a></td>
<td class="nump">3.3815<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 30,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization', window );">Amortized part</a></td>
<td class="num">(18,000)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments', window );">Effect on Result</a></td>
<td class="num">(13,605)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Impact on Shareholders' equity</a></td>
<td class="num">R$ (21,782)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Cash flow hedges [member] | Export Prepayments in us$ to third parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_HedgingRelationshipDesignationDate', window );">Designation date</a></td>
<td class="text">3/8/2015<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument', window );">Hedging instrument</a></td>
<td class="text">Export prepayments in US$ to third parties<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged', window );">Hedged item</a></td>
<td class="text">Part of the highly probable future monthly iron ore exports<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfTypeOfHedge', window );">Type of hedged risk</a></td>
<td class="text">Foreign exchange - R$ vs. US$ spot rate<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur', window );">Hedged period</a></td>
<td class="text">&#160;July 2018 - October 2022&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AveragePriceOfHedgingInstrument', window );">Exchange rate on designation | Numnber</a></td>
<td class="nump">3.394<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 355,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization', window );">Amortized part</a></td>
<td class="num">(276,500)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments', window );">Effect on Result</a></td>
<td class="num">(338,777)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Impact on Shareholders' equity</a></td>
<td class="num">R$ (141,512)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Cash flow hedges [member] | Bonds [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_HedgingRelationshipDesignationDate', window );">Designation date</a></td>
<td class="text">2/4/2018<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument', window );">Hedging instrument</a></td>
<td class="text">Bonds<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged', window );">Hedged item</a></td>
<td class="text">Part of the highly probable future monthly iron ore exports<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfTypeOfHedge', window );">Type of hedged risk</a></td>
<td class="text">Foreign exchange - R$ vs. US$ spot rate<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur', window );">Hedged period</a></td>
<td class="text">&#160;July 2018 - February 2023&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AveragePriceOfHedgingInstrument', window );">Exchange rate on designation | Numnber</a></td>
<td class="nump">3.3104<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 1,170,045<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization', window );">Amortized part</a></td>
<td class="num">(820,045)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments', window );">Effect on Result</a></td>
<td class="num">(306,189)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Impact on Shareholders' equity</a></td>
<td class="num">R$ (660,205)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Cash flow hedges [member] | Bonds and export prepayments in us$ [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_HedgingRelationshipDesignationDate', window );">Designation date</a></td>
<td class="text">7/31/2019<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument', window );">Hedging instrument</a></td>
<td class="text">Bonds and Export prepayments in US$ to third parties<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged', window );">Hedged item</a></td>
<td class="text">Part of the highly probable future monthly iron ore exports<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfTypeOfHedge', window );">Type of hedged risk</a></td>
<td class="text">Foreign exchange - R$ vs. US$ spot rate<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur', window );">Hedged period</a></td>
<td class="text">&#160;January 2020 - April 2026&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AveragePriceOfHedgingInstrument', window );">Exchange rate on designation | Numnber</a></td>
<td class="nump">3.7649<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 1,342,761<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization', window );">Amortized part</a></td>
<td class="num">(247,061)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments', window );">Effect on Result</a></td>
<td class="num">(329,966)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Impact on Shareholders' equity</a></td>
<td class="num">R$ (1,568,823)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Cash flow hedges [member] | Bonds without express maturity and export prepayments in us$ to third parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_HedgingRelationshipDesignationDate', window );">Designation date</a></td>
<td class="text">10/1/2020<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument', window );">Hedging instrument</a></td>
<td class="text">Bonds without express maturity and Export prepayments in US$ to third parties<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged', window );">Hedged item</a></td>
<td class="text">Part of the highly probable future monthly iron ore exports<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfTypeOfHedge', window );">Type of hedged risk</a></td>
<td class="text">Foreign exchange - R$ vs. US$ spot rate<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur', window );">Hedged period</a></td>
<td class="text">&#160;March 2020 - December 2050&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AveragePriceOfHedgingInstrument', window );">Exchange rate on designation | Numnber</a></td>
<td class="nump">4.0745<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 1,416,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization', window );">Amortized part</a></td>
<td class="num">(102,000)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments', window );">Effect on Result</a></td>
<td class="num">(136,029)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Impact on Shareholders' equity</a></td>
<td class="num">R$ (1,474,571)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Cash flow hedges [member] | Bond [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_HedgingRelationshipDesignationDate', window );">Designation date</a></td>
<td class="text">1/28/2020<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument', window );">Hedging instrument</a></td>
<td class="text">Bonds<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged', window );">Hedged item</a></td>
<td class="text">Part of the highly probable future monthly iron ore exports<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfTypeOfHedge', window );">Type of hedged risk</a></td>
<td class="text">Foreign exchange - R$ vs. US$ spot rate<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur', window );">Hedged period</a></td>
<td class="text">&#160;March 2017 - January 2028&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AveragePriceOfHedgingInstrument', window );">Exchange rate on designation | Numnber</a></td>
<td class="nump">4.2064<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 1,000,000<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization', window );">Amortized part</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments', window );">Effect on Result</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges', window );">Impact on Shareholders' equity</a></td>
<td class="num">R$ (990,299)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">On December 31, 2020, the amount of (R$1,667,886) was recorded in Other Operating Expenses. As of December 31, 2019, (R$790,353).</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AveragePriceOfHedgingInstrument">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The average price of a hedging instrument. [Refer: Hedging instruments [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 23B<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23B_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AveragePriceOfHedgingInstrument</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of financial instruments designated as hedging instruments. Hedging instruments are designated derivatives or (for a hedge of the risk of changes in foreign currency exchange rates only) designated non-derivative financial assets or non-derivative financial liabilities whose fair value or cash flows are expected to offset changes in the fair value or cash flows of a designated hedged item. [Refer: Derivatives [member]; Derivative financial assets; Derivative financial liabilities; Financial instruments, class [member]; Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 22<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_22_b&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the nature of risks being hedged.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 22<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_22_c&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfNatureOfRisksBeingHedged</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of periods when cash flows are expected to occur for cash flow hedges. [Refer: Cash flow hedges [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_23_a&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfPeriodsWhenCashFlowsExpectedToOccur</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfTypeOfHedge">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the type of a hedge used by the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 22<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_22_a&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfTypeOfHedge</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgedItemAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a hedged item, recognised as an asset. [Refer: Hedged items [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24B<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24B_a_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgedItemAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, related to cash flow hedges. [Refer: Cash flow hedges [member]; Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to effect on financial instruments designated as hedging instruments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_EffectOnFinancialInstrumentsDesignatedAsHedgingInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to financial instruments designated as hedging instruments at fair value amortization.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValueAmortization</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_HedgingRelationshipDesignationDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to hedging relationship designation date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_HedgingRelationshipDesignationDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=ifrs-full_CashFlowHedgesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=ifrs-full_CashFlowHedgesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesTwoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesTwoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesThreeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesThreeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesFourMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesFourMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesFiveMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesFiveMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesSixMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesSixMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesSevenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesSevenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesEightMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesEightMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesNineMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesNineMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesTenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesTenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesElevenMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExportPrepaymentsInUsToThirdPartiesElevenMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_BondMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_BondMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_BondsandExportprepaymentsinUSMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_BondsandExportprepaymentsinUSMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_BondsandExportprepaymentsinUSOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_BondsandExportprepaymentsinUSOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_BondOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_BondOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>139
<FILENAME>R120.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026182853736">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 12) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax', window );">Movement</a></td>
<td class="nump">R$ 5,537,174<span></span>
</td>
<td class="nump">R$ 604,828<span></span>
</td>
<td class="nump">R$ 1,415,962<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax', window );">Realization</a></td>
<td class="num">(1,667,886)<span></span>
</td>
<td class="num">(790,353)<span></span>
</td>
<td class="num">R$ (370,191)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Cash flow hedges [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value, net of taxes, beginning</a></td>
<td class="nump">1,255,770<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax', window );">Movement</a></td>
<td class="num">(5,537,174)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax', window );">Realization</a></td>
<td class="num">(1,667,886)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue', window );">Fair value, net of taxes, ending</a></td>
<td class="nump">R$ 5,125,058<span></span>
</td>
<td class="nump">R$ 1,255,770<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of financial instruments designated as hedging instruments. Hedging instruments are designated derivatives or (for a hedge of the risk of changes in foreign currency exchange rates only) designated non-derivative financial assets or non-derivative financial liabilities whose fair value or cash flows are expected to offset changes in the fair value or cash flows of a designated hedged item. [Refer: At fair value [member]; Derivatives [member]; Derivative financial assets; Derivative financial liabilities; Financial instruments, class [member]; Financial assets; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 22<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_22_b&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialInstrumentsDesignatedAsHedgingInstrumentsAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on cash flow hedges, net of tax. [Refer: Cash flow hedges [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24C<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24C_b_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24E<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24E_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_23_c&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of reclassification adjustments related to cash flow hedges, net of tax. Reclassification adjustments are amounts reclassified to profit (loss) in the current period that were recognised in other comprehensive income in the current or previous periods. [Refer: Cash flow hedges [member]; Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 92<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_92&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24C<br> -Subparagraph b<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24C_b_iv&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24E<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24E_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_23_d&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=ifrs-full_CashFlowHedgesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=ifrs-full_CashFlowHedgesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>140
<FILENAME>R121.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026184205000">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 13) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other income and expenses</a></td>
<td class="num">R$ (5,224,682)<span></span>
</td>
<td class="num">R$ (4,631,236)<span></span>
</td>
<td class="nump">R$ 83,332<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income</a></td>
<td class="num">(3,154,442)<span></span>
</td>
<td class="nump">105,537<span></span>
</td>
<td class="num">R$ (2,713,844)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExchangeVariation', window );">Exchange variation</a></td>
<td class="nump">3,336<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AppreciationAssetPosition', window );">Appreciation asset position</a></td>
<td class="nump">501,066<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AppreciationLiabilityPosition', window );">Appreciation liability position</a></td>
<td class="num">(606,430)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FairValueMarketAmoountReceivablePayable', window );">Fair value market amoount receivable / payable</a></td>
<td class="num">(105,364)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other income and expenses</a></td>
<td class="num">(283,149)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income</a></td>
<td class="num">(825)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExchangeVariation', window );">Exchange variation</a></td>
<td class="num">R$ (16,504)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | 09/02/2020 (settled) [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_Notional', window );">Notional</a></td>
<td class="text">&#160;Platts&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other income and expenses</a></td>
<td class="num">R$ (31,678)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExchangeVariation', window );">Exchange variation</a></td>
<td class="num">R$ (136)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | 10/02/2020 (settled) [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_Notional', window );">Notional</a></td>
<td class="text">&#160;Platts&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other income and expenses</a></td>
<td class="num">R$ (132,997)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExchangeVariation', window );">Exchange variation</a></td>
<td class="num">R$ (9,051)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | 11/04/2020 (settled) [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_Notional', window );">Notional</a></td>
<td class="text">&#160;Platts&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other income and expenses</a></td>
<td class="num">R$ (85,164)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExchangeVariation', window );">Exchange variation</a></td>
<td class="num">R$ (7,301)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | 12/02/2020 (settled) [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_Notional', window );">Notional</a></td>
<td class="text">&#160;Platts&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other income and expenses</a></td>
<td class="num">R$ (33,310)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExchangeVariation', window );">Exchange variation</a></td>
<td class="nump">R$ 52<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | 2/2/2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_Notional', window );">Notional</a></td>
<td class="text">&#160;Platts&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AppreciationAssetPosition', window );">Appreciation asset position</a></td>
<td class="nump">R$ 486,852<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AppreciationLiabilityPosition', window );">Appreciation liability position</a></td>
<td class="num">(493,925)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FairValueMarketAmoountReceivablePayable', window );">Fair value market amoount receivable / payable</a></td>
<td class="num">(7,073)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income</a></td>
<td class="num">(6,888)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExchangeVariation', window );">Exchange variation</a></td>
<td class="num">R$ (185)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Between one and five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_Notional', window );">Notional</a></td>
<td class="text">&#160;Platts&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AppreciationAssetPosition', window );">Appreciation asset position</a></td>
<td class="nump">R$ 527,684<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AppreciationLiabilityPosition', window );">Appreciation liability position</a></td>
<td class="num">(521,504)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FairValueMarketAmoountReceivablePayable', window );">Fair value market amoount receivable / payable</a></td>
<td class="nump">6,180<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income</a></td>
<td class="nump">6,063<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExchangeVariation', window );">Exchange variation</a></td>
<td class="nump">R$ 117<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income and expense (including reclassification adjustments) that is not recognised in profit or loss as required or permitted by IFRSs. [Refer: IFRSs [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_106_d_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_viii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 81A<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81A_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AppreciationAssetPosition">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Appreciation asset position.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AppreciationAssetPosition</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AppreciationLiabilityPosition">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Appreciation liability position.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AppreciationLiabilityPosition</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExchangeVariation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amoount of Exchange variation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExchangeVariation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FairValueMarketAmoountReceivablePayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Fair value market amoount receivable / payable.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FairValueMarketAmoountReceivablePayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_Notional">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Description of notional.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_Notional</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanThreeMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanThreeMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneMonthAndNotLaterThanThreeMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeMonthsAndNotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanThreeMonthsAndNotLaterThanSixMonthsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanSixMonthsAndNotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>141
<FILENAME>R122.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186232888">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 14) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax', window );">Movement</a></td>
<td class="nump">R$ 5,537,174<span></span>
</td>
<td class="nump">R$ 604,828<span></span>
</td>
<td class="nump">R$ 1,415,962<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax', window );">Realization</a></td>
<td class="num">(1,667,886)<span></span>
</td>
<td class="num">(790,353)<span></span>
</td>
<td class="num">R$ (370,191)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Cash flow hedge accounting platts [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ChangeInAmountsRelatedToCashFlowHedge', window );">Change in the amounts related to cash flow hedge</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax', window );">Movement</a></td>
<td class="num">(283,974)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax', window );">Realization</a></td>
<td class="num">(283,149)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ChangeInAmountsRelatedToCashFlowHedge', window );">Change in the amounts related to cash flow hedge</a></td>
<td class="nump">825<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Income tax and social contribution on cash flow hedge accounting [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ChangeInAmountsRelatedToCashFlowHedge', window );">Change in the amounts related to cash flow hedge</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax', window );">Movement</a></td>
<td class="nump">96,551<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax', window );">Realization</a></td>
<td class="nump">96,271<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ChangeInAmountsRelatedToCashFlowHedge', window );">Change in the amounts related to cash flow hedge</a></td>
<td class="num">(280)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Fair value of cash flow accounting platts net [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ChangeInAmountsRelatedToCashFlowHedge', window );">Change in the amounts related to cash flow hedge</a></td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax', window );">Movement</a></td>
<td class="num">(187,423)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax', window );">Realization</a></td>
<td class="num">(186,878)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ChangeInAmountsRelatedToCashFlowHedge', window );">Change in the amounts related to cash flow hedge</a></td>
<td class="nump">R$ 545<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) recognised in other comprehensive income on cash flow hedges, net of tax. [Refer: Cash flow hedges [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24C<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24C_b_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24E<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24E_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_23_c&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnCashFlowHedgesNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of reclassification adjustments related to cash flow hedges, net of tax. Reclassification adjustments are amounts reclassified to profit (loss) in the current period that were recognised in other comprehensive income in the current or previous periods. [Refer: Cash flow hedges [member]; Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 92<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_92&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24C<br> -Subparagraph b<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24C_b_iv&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24E<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24E_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_23_d&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReclassificationAdjustmentsOnCashFlowHedgesNetOfTax</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ChangeInAmountsRelatedToCashFlowHedge">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Change in the amounts related to cash flow hedge.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ChangeInAmountsRelatedToCashFlowHedge</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=sid_CashFlowHedgesPlattsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=sid_CashFlowHedgesPlattsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=sid_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=sid_IncomeTaxAndSocialContributionOnCashFlowHedgeAccountingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=sid_FairValueOfCashFlowAccountingPlattsNetMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=sid_FairValueOfCashFlowAccountingPlattsNetMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>142
<FILENAME>R123.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026185690168">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 15) - Foreign exchange risk [member]<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$) </div>
<div>Numnber</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 120,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations', window );">Impact on Shareholders' equity</a></td>
<td class="nump">R$ 6,293<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Hedges of net investment in foreign operations [member] | Non-derivative financial liabilities in EUR - debt contract [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_HedgingRelationshipDesignationDate', window );">Designation date</a></td>
<td class="text">09/30/2015<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument', window );">Hedging instrument</a></td>
<td class="text">Non-derivative financial liabilities in EUR &#8211; Debt contract<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged', window );">Hedged item</a></td>
<td class="text">Investments in subsidiaries which EUR is the functional currency<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfTypeOfHedge', window );">Type of hedged risk</a></td>
<td class="text">Foreign exchange - R$ vs. EUR spot rate<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AveragePriceOfHedgingInstrument', window );">Exchange rate on designation | Numnber</a></td>
<td class="nump">4.0825<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_HedgedItemAssets', window );">Designated amounts</a></td>
<td class="nump">R$ 120,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations', window );">Impact on Shareholders' equity</a></td>
<td class="nump">R$ 6,293<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AveragePriceOfHedgingInstrument">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The average price of a hedging instrument. [Refer: Hedging instruments [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 23B<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23B_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AveragePriceOfHedgingInstrument</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:decimalItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of financial instruments designated as hedging instruments. Hedging instruments are designated derivatives or (for a hedge of the risk of changes in foreign currency exchange rates only) designated non-derivative financial assets or non-derivative financial liabilities whose fair value or cash flows are expected to offset changes in the fair value or cash flows of a designated hedged item. [Refer: Derivatives [member]; Derivative financial assets; Derivative financial liabilities; Financial instruments, class [member]; Financial assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 22<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_22_b&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfFinancialInstrumentsDesignatedAsHedgingInstrument</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfNatureOfRisksBeingHedged">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the nature of risks being hedged.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 22<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_22_c&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfNatureOfRisksBeingHedged</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfTypeOfHedge">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the type of a hedge used by the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Note Expiry date 2021-01-01<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 22<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2017-en-b&amp;anchor=para_22_a&amp;doctype=Standard&amp;book=b<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfTypeOfHedge</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgedItemAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a hedged item, recognised as an asset. [Refer: Hedged items [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 24B<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24B_a_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgedItemAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other comprehensive income, net of tax, related to hedges of net investments in foreign operations. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 39<br> -IssueDate 2020-01-01<br> -Paragraph 102<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=39&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_102_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 9<br> -IssueDate 2020-01-01<br> -Paragraph 6.5.13<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=9&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_6.5.13_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncomeNetOfTaxHedgesOfNetInvestmentsInForeignOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_HedgingRelationshipDesignationDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to hedging relationship designation date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_HedgingRelationshipDesignationDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=ifrs-full_HedgesOfNetInvestmentInForeignOperationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_NonDerivativeFinancialLiabilitiesInEurDebtContractMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_NonDerivativeFinancialLiabilitiesInEurDebtContractMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>143
<FILENAME>R124.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026181211368">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 16) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income and expenses</a></td>
<td class="num">R$ (5,224,682)<span></span>
</td>
<td class="num">R$ (4,631,236)<span></span>
</td>
<td class="nump">R$ 83,332<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income</a></td>
<td class="num">(3,154,442)<span></span>
</td>
<td class="nump">105,537<span></span>
</td>
<td class="num">R$ (2,713,844)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentDerivativeFinancialLiabilities', window );">Liabilities current</a></td>
<td class="num">(8,722)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentDerivativeFinancialLiabilities', window );">Liabilities non-current</a></td>
<td class="num">(97,535)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Total</a></td>
<td class="num">(106,257)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income and expenses</a></td>
<td class="num">(283,149)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income</a></td>
<td class="num">(825)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments', window );">Financial income (expenses), net</a></td>
<td class="num">(132,319)<span></span>
</td>
<td class="nump">4,986<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Exchange rate swap dollar x euro [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentDerivativeFinancialLiabilities', window );">Liabilities current</a></td>
<td class="num">(7,829)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Total</a></td>
<td class="num">(7,829)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments', window );">Financial income (expenses), net</a></td>
<td class="num">(9,070)<span></span>
</td>
<td class="nump">783<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Exchange rate swap GBP x euro [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments', window );">Financial income (expenses), net</a></td>
<td class="num">(602)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Exchange rate swap CDI x dollar [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentDerivativeFinancialLiabilities', window );">Liabilities non-current</a></td>
<td class="num">(97,535)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Total</a></td>
<td class="num">(97,535)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments', window );">Financial income (expenses), net</a></td>
<td class="num">(106,143)<span></span>
</td>
<td class="nump">4,203<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Iron ore derivative [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentDerivativeFinancialLiabilities', window );">Liabilities current</a></td>
<td class="num">(893)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DerivativeFinancialLiabilities', window );">Total</a></td>
<td class="num">(893)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income and expenses</a></td>
<td class="num">(283,149)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherComprehensiveIncome', window );">Other comprehensive income</a></td>
<td class="num">(825)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments', window );">Financial income (expenses), net</a></td>
<td class="num">R$ (16,504)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentDerivativeFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current derivative financial liabilities. [Refer: Derivative financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentDerivativeFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DerivativeFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial liabilities classified as derivative instruments. [Refer: Financial assets; Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DerivativeFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentDerivativeFinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current derivative financial liabilities. [Refer: Derivative financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentDerivativeFinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherComprehensiveIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income and expense (including reclassification adjustments) that is not recognised in profit or loss as required or permitted by IFRSs. [Refer: IFRSs [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_106_d_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_viii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 81A<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81A_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 91<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_91_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherComprehensiveIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of trading income (expense) relating to derivative financial instruments. [Refer: Derivatives [member]; Trading income (expense)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradingIncomeExpenseOnDerivativeFinancialInstruments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapDollarEuroMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapDollarEuroMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapGBPEuroMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapGBPEuroMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapCDIDollarMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_ExchangeRateSwapCDIDollarMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=sid_IronOreDerivativeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=sid_IronOreDerivativeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>144
<FILENAME>R125.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026185769880">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 17)<br> R$ in Thousands</strong></div></th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">R$ 42,940,059<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">10,647,364<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">2022 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">14,817,896<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember', window );">From two to five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">4,899,420<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Over five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">12,575,379<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_BorrowingsAndFinancingMember', window );">Borrowings and financing [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">35,370,611<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_BorrowingsAndFinancingMember', window );">Borrowings and financing [member] | 2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">4,155,483<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_BorrowingsAndFinancingMember', window );">Borrowings and financing [member] | 2022 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">14,146,118<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_BorrowingsAndFinancingMember', window );">Borrowings and financing [member] | From two to five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">4,671,511<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_BorrowingsAndFinancingMember', window );">Borrowings and financing [member] | Over five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">12,397,499<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_LeasesMember', window );">Leases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">530,131<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_LeasesMember', window );">Leases [member] | 2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">93,626<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_LeasesMember', window );">Leases [member] | 2022 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">143,227<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_LeasesMember', window );">Leases [member] | From two to five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">115,398<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_LeasesMember', window );">Leases [member] | Over five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">177,880<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesMember', window );">Trade payables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">5,363,066<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesMember', window );">Trade payables [member] | 2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">4,819,539<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesMember', window );">Trade payables [member] | 2022 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">528,551<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesMember', window );">Trade payables [member] | From two to five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">14,976<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesMember', window );">Trade payables [member] | Over five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesDraweeRiskMember', window );">Trade payables - drawee risk [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">623,861<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesDraweeRiskMember', window );">Trade payables - drawee risk [member] | 2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">623,861<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesDraweeRiskMember', window );">Trade payables - drawee risk [member] | 2022 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesDraweeRiskMember', window );">Trade payables - drawee risk [member] | From two to five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesDraweeRiskMember', window );">Trade payables - drawee risk [member] | Over five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_DividendsAndInterestOnEquityMember', window );">Dividends and interest on equity/ capital [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">946,133<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_DividendsAndInterestOnEquityMember', window );">Dividends and interest on equity/ capital [member] | 2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">946,133<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=ifrs-full_DerivativesMember', window );">Derivative financial instruments [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">106,257<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=ifrs-full_DerivativesMember', window );">Derivative financial instruments [member] | 2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">8,722<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=ifrs-full_DerivativesMember', window );">Derivative financial instruments [member] | 2022 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=ifrs-full_DerivativesMember', window );">Derivative financial instruments [member] | From two to five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="nump">97,535<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=ifrs-full_DerivativesMember', window );">Derivative financial instruments [member] | Over five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualMaturities', window );">Contractual maturities</a></td>
<td class="text"> <span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ContractualMaturities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to contractual maturities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ContractualMaturities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_BorrowingsAndFinancingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_BorrowingsAndFinancingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_LeasesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_LeasesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesDraweeRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_TradePayablesDraweeRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_DividendsAndInterestOnEquityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_DividendsAndInterestOnEquityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=ifrs-full_DerivativesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=ifrs-full_DerivativesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>145
<FILENAME>R126.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026185934984">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 18) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Closing Balance</a></td>
<td class="nump">R$ 42,940,059<span></span>
</td>
<td class="nump">R$ 32,712,311<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_PerpetualBondsMember', window );">Perpetual Bonds [member] | Liquidity risk [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Closing Balance</a></td>
<td class="nump">5,203,773<span></span>
</td>
<td class="nump">4,036,186<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Fair value</a></td>
<td class="nump">5,157,465<span></span>
</td>
<td class="nump">3,706,553<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_FixedRateNotesMember', window );">Fixed rate notes [member] | Liquidity risk [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilities', window );">Closing Balance</a></td>
<td class="nump">15,067,341<span></span>
</td>
<td class="nump">8,090,297<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinancialLiabilitiesAtFairValue', window );">Fair value</a></td>
<td class="nump">R$ 15,744,067<span></span>
</td>
<td class="nump">R$ 8,345,471<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that are: (a) a contractual obligation: (i) to deliver cash or another financial asset to another entity; or (ii) to exchange financial assets or financial liabilities with another entity under conditions that are potentially unfavourable to the entity; or (b) a contract that will, or may be, settled in the entity&#8217;s own equity instruments and is: (i) a non-derivative for which the entity is, or may be, obliged to deliver a variable number of the entity&#8217;s own equity instruments; or (ii) a derivative that will, or may be, settled other than by the exchange of a fixed amount of cash or another financial asset for a fixed number of the entity&#8217;s own equity instruments. For this purpose, rights, options or warrants to acquire a fixed number of the entity&#8217;s own equity instruments for a fixed amount of any currency are equity instruments if the entity offers the rights, options or warrants pro rata to all of its existing owners of the same class of its own non-derivative equity instruments. Also, for those purposes the entity&#8217;s own equity instruments do not include puttable financial instruments that are classified as equity instruments in accordance with paragraphs 16A-16B of IAS 32, instruments that impose on the entity an obligation to deliver to another party a pro rata share of the net assets of the entity only on liquidation and are classified as equity instruments in accordance with paragraphs 16C-16D of IAS 32, or instruments that are contracts for the future receipt or delivery of the entity&#8217;s own equity instruments. As an exception, an instrument that meets the definition of a financial liability is classified as an equity instrument if it has all the features and meets the conditions in paragraphs 16A-16B or paragraphs 16C-16D of IAS 32. [Refer: Financial instruments, class [member]; Financial assets; Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinancialLiabilitiesAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of financial liabilities. [Refer: At fair value [member]; Financial liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 25<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_25&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinancialLiabilitiesAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_PerpetualBondsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_PerpetualBondsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_LiquidityRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_FixedRateNotesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_FixedRateNotesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>146
<FILENAME>R127.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026190852456">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details 19) - BRL (R$)<br> R$ / shares in Units, R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholder's equity (equity)</a></td>
<td class="nump">R$ 11,251,505<span></span>
</td>
<td class="nump">R$ 11,361,932<span></span>
</td>
<td class="nump">R$ 10,013,440<span></span>
</td>
<td class="nump">R$ 8,288,229<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=sid_CapitalManagementMember', window );">Capital Management [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Equity', window );">Shareholder's equity (equity)</a></td>
<td class="nump">11,251,505<span></span>
</td>
<td class="nump">11,361,932<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingThirdPartyCapital', window );">Borrowings and Financing (Third-party capital)</a></td>
<td class="nump">R$ 35,270,653<span></span>
</td>
<td class="nump">R$ 27,967,036<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossDebitperShareholdersEquity', window );">Gross Debit/Shareholder's equity</a></td>
<td class="nump">R$ 3.13<span></span>
</td>
<td class="nump">R$ 2.46<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Equity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of residual interest in the assets of the entity after deducting all its liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 24<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_32_a_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Equity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BorrowingsAndFinancingThirdPartyCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to borrowings and financing (Third-party capital).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BorrowingsAndFinancingThirdPartyCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_GrossDebitperShareholdersEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to gross debitper shareholders equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_GrossDebitperShareholdersEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=sid_CapitalManagementMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=sid_CapitalManagementMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>147
<FILENAME>R128.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026185659432">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>14. FINANCIAL INSTRUMENTS (Details Narrative)<br> &#8364; in Thousands, R$ in Thousands</strong></div></th>
<th class="th" colspan="1">1 Months Ended</th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th">
<div>Sep. 30, 2019 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>EUR (&#8364;)</div>
</th>
<th class="th">
<div>Dec. 31, 2019 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherOperatingExpenses', window );">Other operating expenses</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 1,667,886<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 790,353<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_NonDerivativeFinancialLiabilitiesMember', window );">Non-derivative financial liabilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LoanContractsWithFinancialInstitutions', window );">Loan contracts with financial institutions | &#8364;</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">&#8364; 120,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_VariationsOfRiskForProbableScenarios', window );">Variations of risk for probable scenarios</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">Real x Dollar - devaluation of the Real by 1.25% / Real x Euro - devaluation of the Real by 0.14% / Euro x Dollar - appreciation of Euro by 1.20%. Source: Central Bank of Brazil and European Central Bank quotations on 1/14/2021.<span></span>
</td>
<td class="text">Real x Dollar - devaluation of the Real by 1.25% / Real x Euro - devaluation of the Real by 0.14% / Euro x Dollar - appreciation of Euro by 1.20%. Source: Central Bank of Brazil and European Central Bank quotations on 1/14/2021.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Scenario 1 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfScenarios', window );">Percentage of scenarios</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">25<span></span>
</td>
<td class="nump">25<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Scenario 2 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfScenarios', window );">Percentage of scenarios</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">50<span></span>
</td>
<td class="nump">50<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Cash flow hedges [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnResultRecognizedInOtherOperationalHedgingInstrument', window );">Effect on result recognized in other operational hedging instrument</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 790,353<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Exchange rate swap CDI x dollar [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DerivativeExchangeRateSwap', window );">Derivative exchange rate swap</a></td>
<td class="nump">R$ 278,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember', window );">Foreign exchange risk [member] | Exchange rate swap CDI x dollar [member] | UNITED STATES [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems', window );"><strong>Disclosure of detailed information about financial instruments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DerivativeExchangeRateSwap', window );">Derivative exchange rate swap</a></td>
<td class="nump">R$ 67,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfFinancialInstrumentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfFinancialInstrumentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DerivativeExchangeRateSwap">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to derivative exchange rate swap.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DerivativeExchangeRateSwap</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_EffectOnResultRecognizedInOtherOperationalHedgingInstrument">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to effect on result recognized in other operational hedging instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_EffectOnResultRecognizedInOtherOperationalHedgingInstrument</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LoanContractsWithFinancialInstitutions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of loan contracts with financial institutions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LoanContractsWithFinancialInstitutions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherOperatingExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other operating expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherOperatingExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PercentageOfScenarios">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information about percentage of scenarios.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PercentageOfScenarios</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:pureItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_VariationsOfRiskForProbableScenarios">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to variations of risk for probable scenarios.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_VariationsOfRiskForProbableScenarios</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_NonDerivativeFinancialLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialLiabilitiesAxis=sid_NonDerivativeFinancialLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfRisksAxis=ifrs-full_CurrencyRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProbabilityOfDefaultAxis=sid_ScenarioIIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfHedgesAxis=ifrs-full_CashFlowHedgesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfHedgesAxis=ifrs-full_CashFlowHedgesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_HedgingInstrumentsAxis=ifrs-full_CurrencySwapContractMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_HedgingInstrumentsAxis=ifrs-full_CurrencySwapContractMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=country_US">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=country_US</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>148
<FILENAME>R129.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026184508952">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>15. OTHER PAYABLES (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherPayablesLineItems', window );"><strong>OtherPayablesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentPayables', window );">Other payables, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,310,734<span></span>
</td>
<td class="nump">R$ 1,725,588<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentPayables', window );">Other payables, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,145,336<span></span>
</td>
<td class="nump">2,493,702<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_PayablesToRelatedPartiesMember', window );">Payables To Related Parties [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherPayablesLineItems', window );"><strong>OtherPayablesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentPayables', window );">Other payables, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">70,458<span></span>
</td>
<td class="nump">46,063<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentPayables', window );">Other payables, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">78,083<span></span>
</td>
<td class="nump">88,021<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_DividendsAndInterestOnCapitalPayableMember', window );">Dividends And Interest On Capital [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherPayablesLineItems', window );"><strong>OtherPayablesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentPayables', window );">Other payables, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">946,133<span></span>
</td>
<td class="nump">13,252<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_AdvancesFromCustomersMember', window );">Advances From Customers [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherPayablesLineItems', window );"><strong>OtherPayablesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentPayables', window );">Other payables, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,100,772<span></span>
</td>
<td class="nump">787,604<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentPayables', window );">Other payables, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,725,838<span></span>
</td>
<td class="nump">1,845,248<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_TaxesInInstallmentsMember', window );">Taxes In Installments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherPayablesLineItems', window );"><strong>OtherPayablesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentPayables', window );">Other payables, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">45,331<span></span>
</td>
<td class="nump">19,498<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentPayables', window );">Other payables, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">160,247<span></span>
</td>
<td class="nump">67,727<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_ProfitSharingEmployeesMember', window );">Profit Sharing - Employees [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherPayablesLineItems', window );"><strong>OtherPayablesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentPayables', window );">Other payables, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">150,341<span></span>
</td>
<td class="nump">162,866<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_TaxesPayableMember', window );">Taxes Payable [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherPayablesLineItems', window );"><strong>OtherPayablesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentPayables', window );">Other payables, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">38,493<span></span>
</td>
<td class="nump">8,805<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_ProvisionFromConsumptionAndServicesMember', window );">Provision From Consumption And Services [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherPayablesLineItems', window );"><strong>OtherPayablesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentPayables', window );">Other payables, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">175,242<span></span>
</td>
<td class="nump">204,299<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_ThirdPartyMaterialsInOurPossessionMember', window );">Third Party Materials In Our Possession [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherPayablesLineItems', window );"><strong>OtherPayablesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentPayables', window );">Other payables, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">84,832<span></span>
</td>
<td class="nump">78,820<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_TradePayablesDraweeRiskMember', window );">Trade payables - drawee risk [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherPayablesLineItems', window );"><strong>OtherPayablesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentPayables', window );">Other payables, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">623,861<span></span>
</td>
<td class="nump">1,121,312<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentPayables', window );">Other payables, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">543,527<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=ifrs-full_LeaseLiabilitiesMember', window );">Lease Liabilities [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherPayablesLineItems', window );"><strong>OtherPayablesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentPayables', window );">Other payables, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">93,626<span></span>
</td>
<td class="nump">35,040<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentPayables', window );">Other payables, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">436,505<span></span>
</td>
<td class="nump">439,350<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_OtherPayablesMember', window );">Other Payables [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherPayablesLineItems', window );"><strong>OtherPayablesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentPayables', window );">Other payables, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">58,321<span></span>
</td>
<td class="nump">57,690<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentPayables', window );">Other payables, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">65,108<span></span>
</td>
<td class="nump">R$ 44,551<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_DerivativeFinancialInstrumentsMember', window );">Derivative Financial Instruments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherPayablesLineItems', window );"><strong>OtherPayablesLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherCurrentPayables', window );">Other payables, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8,722<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherNoncurrentPayables', window );">Other payables, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 97,535<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Advances from customers: During 2019, the subsidiary CSN Mineracao entered into an agreement with a major international player for the supply of approximately 22 million tons of iron ore and an additional supply of 11 million tons of iron ore. Accordingly, CSN Mineracao S.A. received in advance the amounts of US$496 million (R$1,951,303) and US$250 million (R$956,440) on March 29, 2019 and August 5, 2019, respectively. The term for the execution of the contracted volumes is 5 years. Finally, on September 16, 2019, the parties again amended the contract to adjust the delivery conditions for iron ore. In July 2020, the subsidiary concluded the contract for the additional supply of approximately 4 million tons of iron ore, which was received in advance, on August 28, 2020, the amount of US$115 million (R$629 million). The term for the execution of the contract is 3 years.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherCurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current payables that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherCurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherNoncurrentPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current payables that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherNoncurrentPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherPayablesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherPayablesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_PayablesToRelatedPartiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_PayablesToRelatedPartiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_DividendsAndInterestOnCapitalPayableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_DividendsAndInterestOnCapitalPayableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_AdvancesFromCustomersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_AdvancesFromCustomersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_TaxesInInstallmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_TaxesInInstallmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_ProfitSharingEmployeesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_ProfitSharingEmployeesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_TaxesPayableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_TaxesPayableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_ProvisionFromConsumptionAndServicesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_ProvisionFromConsumptionAndServicesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_ThirdPartyMaterialsInOurPossessionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_ThirdPartyMaterialsInOurPossessionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_TradePayablesDraweeRiskMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_TradePayablesDraweeRiskMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=ifrs-full_LeaseLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=ifrs-full_LeaseLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_OtherPayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_OtherPayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_DerivativeFinancialInstrumentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_DerivativeFinancialInstrumentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>149
<FILENAME>R130.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026194773896">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>15. OTHER PAYABLES (Details Narrative) - CSN mineracao [member]<br> R$ in Thousands, $ in Thousands</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="2"></th>
<th class="th" colspan="2"></th>
</tr>
<tr>
<th class="th">
<div>Aug. 28, 2020 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Jul. 31, 2020 </div>
<div>T</div>
</th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th">
<div>Dec. 31, 2019 </div>
<div>T</div>
</th>
<th class="th">
<div>Aug. 28, 2020 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Aug. 05, 2019 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Aug. 05, 2019 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Mar. 29, 2019 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Mar. 29, 2019 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherPayablesLineItems', window );"><strong>OtherPayablesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SupplyOfIronOre', window );">Supply of iron ore</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">22,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionalSupplyOfIronOre', window );">Additional supply of iron ore</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">4,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">11,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LoansAndAdvancesToCustomers', window );">Advances from customer | R$</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 629,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 956,440<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 1,951,303<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualTerm', window );">Contractual term</a></td>
<td class="text">3 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">5 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CurrencyAxisSignificantInvestmentsInSubsidiariesAxis=sid_CSNMineracaoMember', window );">USD</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherPayablesLineItems', window );"><strong>OtherPayablesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LoansAndAdvancesToCustomers', window );">Advances from customer | $</a></td>
<td class="nump">$ 115,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 250,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 496,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LoansAndAdvancesToCustomers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of loans and advances the entity has made to customers.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LoansAndAdvancesToCustomers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdditionalSupplyOfIronOre">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the supply of iron ore.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdditionalSupplyOfIronOre</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:massItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ContractualTerm">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to contractual term.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ContractualTerm</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherPayablesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherPayablesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SupplyOfIronOre">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of numbers of share issued value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SupplyOfIronOre</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:massItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CurrencyAxisSignificantInvestmentsInSubsidiariesAxis=sid_CSNMineracaoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CurrencyAxisSignificantInvestmentsInSubsidiariesAxis=sid_CSNMineracaoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_USD">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_USD</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>150
<FILENAME>R131.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186567976">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>16. LEASES (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PresentationOfLeasesForLesseeAbstract', window );"><strong>Presentation of leases for lessee [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossLeaseLiabilities', window );">Leases</a></td>
<td class="nump">R$ 1,623,523<span></span>
</td>
<td class="nump">R$ 1,501,960<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentValueAdjustmentLeasesLiabilities', window );">Present value adjustment - Leases</a></td>
<td class="num">(1,093,392)<span></span>
</td>
<td class="num">(1,027,570)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Total lease liabilities</a></td>
<td class="nump">530,131<span></span>
</td>
<td class="nump">474,390<span></span>
</td>
<td class="nump">R$ 640,989<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LeaseLiabilitiesAbstract', window );"><strong>Classified:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLeaseLiabilities', window );">Current</a></td>
<td class="nump">93,626<span></span>
</td>
<td class="nump">35,040<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLeaseLiabilities', window );">Non-current</a></td>
<td class="nump">436,505<span></span>
</td>
<td class="nump">439,350<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Total lease liabilities</a></td>
<td class="nump">R$ 530,131<span></span>
</td>
<td class="nump">R$ 474,390<span></span>
</td>
<td class="nump">R$ 640,989<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of current lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of contractual undiscounted cash flows in relation to lease liabilities before deducting finance charges. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 58<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_58&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph B11D<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B11D_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities related to the entity's leases. Lease is a contract, or part of a contract, that conveys the right to use an underlying asset for a period of time in exchange for consideration.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LeaseLiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LeaseLiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current lease liabilities. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PresentationOfLeasesForLesseeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PresentationOfLeasesForLesseeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PresentValueAdjustmentLeasesLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of present value adjustment in leases.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PresentValueAdjustmentLeasesLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>151
<FILENAME>R132.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026195973736">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>16. LEASES (Details 1) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PresentationOfLeasesForLesseeAbstract', window );"><strong>Presentation of leases for lessee [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Opening balance</a></td>
<td class="nump">R$ 474,390<span></span>
</td>
<td class="nump">R$ 640,989<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LeaseLiabilitiesNewLeases', window );">New leases</a></td>
<td class="nump">52,835<span></span>
</td>
<td class="nump">106,584<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LeaseLiabilitiesPresentValueAdjustmentsNewleases', window );">Present Value Adjustments - New leases</a></td>
<td class="num">(6,511)<span></span>
</td>
<td class="num">(54,080)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LeaseLiabilitiesContractReview', window );">Contract review</a></td>
<td class="nump">63,250<span></span>
</td>
<td class="num">(175,609)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LeaseLiabilitiesWriteoff', window );">Write off</a></td>
<td class="num">(7,757)<span></span>
</td>
<td class="num">(1,374)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LeaseLiabilitiesPayments', window );">Payments</a></td>
<td class="num">(103,648)<span></span>
</td>
<td class="num">(94,727)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LeaseLiabilitiesInterestAppropriated', window );">Interest appropriated</a></td>
<td class="nump">54,236<span></span>
</td>
<td class="nump">52,607<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExchangeVariation', window );">Exchange variation</a></td>
<td class="nump">3,336<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Net balance</a></td>
<td class="nump">R$ 530,131<span></span>
</td>
<td class="nump">R$ 474,390<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities related to the entity's leases. Lease is a contract, or part of a contract, that conveys the right to use an underlying asset for a period of time in exchange for consideration.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PresentationOfLeasesForLesseeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PresentationOfLeasesForLesseeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExchangeVariation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amoount of Exchange variation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExchangeVariation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LeaseLiabilitiesContractReview">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to the LeaseLiabilitiesContractReview.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LeaseLiabilitiesContractReview</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LeaseLiabilitiesInterestAppropriated">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to the LeaseLiabilitiesInterestAppropriated.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LeaseLiabilitiesInterestAppropriated</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LeaseLiabilitiesNewLeases">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to the lease liabilities new leases.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LeaseLiabilitiesNewLeases</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LeaseLiabilitiesPayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to the LeaseLiabilitiesPayments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LeaseLiabilitiesPayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LeaseLiabilitiesPresentValueAdjustmentsNewleases">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to the Lease Liabilities Present Value Adjustments New leases.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LeaseLiabilitiesPresentValueAdjustmentsNewleases</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LeaseLiabilitiesWriteoff">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to the LeaseLiabilitiesWriteoff.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LeaseLiabilitiesWriteoff</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>152
<FILENAME>R133.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026181926920">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>16. LEASES (Details 2) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentationOfLeasesForLesseeLineItems', window );"><strong>PresentationOfLeasesForLesseeLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossLeaseLiabilities', window );">Leases</a></td>
<td class="nump">R$ 1,623,523<span></span>
</td>
<td class="nump">R$ 1,501,960<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentValueAdjustmentLeasesLiabilities', window );">Present value adjustment - Leases</a></td>
<td class="num">(1,093,392)<span></span>
</td>
<td class="num">(1,027,570)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Total lease liabilities</a></td>
<td class="nump">530,131<span></span>
</td>
<td class="nump">R$ 474,390<span></span>
</td>
<td class="nump">R$ 640,989<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=sid_NotLaterThanOne1YearMember', window );">Less Than One Year [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentationOfLeasesForLesseeLineItems', window );"><strong>PresentationOfLeasesForLesseeLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossLeaseLiabilities', window );">Leases</a></td>
<td class="nump">98,788<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentValueAdjustmentLeasesLiabilities', window );">Present value adjustment - Leases</a></td>
<td class="num">(5,162)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Total lease liabilities</a></td>
<td class="nump">93,626<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember', window );">Between one and five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentationOfLeasesForLesseeLineItems', window );"><strong>PresentationOfLeasesForLesseeLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossLeaseLiabilities', window );">Leases</a></td>
<td class="nump">368,659<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentValueAdjustmentLeasesLiabilities', window );">Present value adjustment - Leases</a></td>
<td class="num">(110,034)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Total lease liabilities</a></td>
<td class="nump">258,625<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember', window );">Over five years [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentationOfLeasesForLesseeLineItems', window );"><strong>PresentationOfLeasesForLesseeLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossLeaseLiabilities', window );">Leases</a></td>
<td class="nump">1,156,076<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentValueAdjustmentLeasesLiabilities', window );">Present value adjustment - Leases</a></td>
<td class="num">(978,196)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Total lease liabilities</a></td>
<td class="nump">R$ 177,880<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of contractual undiscounted cash flows in relation to lease liabilities before deducting finance charges. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 58<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_58&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph B11D<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B11D_a&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities related to the entity's leases. Lease is a contract, or part of a contract, that conveys the right to use an underlying asset for a period of time in exchange for consideration.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PresentValueAdjustmentLeasesLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of present value adjustment in leases.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PresentValueAdjustmentLeasesLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PresentationOfLeasesForLesseeLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PresentationOfLeasesForLesseeLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=sid_NotLaterThanOne1YearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=sid_NotLaterThanOne1YearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanFiveYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>153
<FILENAME>R134.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189560280">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>16. LEASES (Details 3) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PresentationOfLeasesForLesseeAbstract', window );"><strong>Presentation of leases for lessee [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LeaseLiabilitiesOne', window );">Leases</a></td>
<td class="nump">R$ 1,603,100<span></span>
</td>
<td class="nump">R$ 1,489,789<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LeaseLiabilitiesPresentValueAdjustmentsOne', window );">Present value adjustment - Leases</a></td>
<td class="num">(1,091,275)<span></span>
</td>
<td class="num">(1,026,919)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LeaseLiabilitiesPotencialPISAndCOFINSCredit', window );">Potencial PIS and COFINS credit</a></td>
<td class="nump">148,287<span></span>
</td>
<td class="nump">137,805<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit', window );">Present value adjustment - Potential PIS and COFINS credit</a></td>
<td class="num">R$ (100,943)<span></span>
</td>
<td class="num">R$ (96,461)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PresentationOfLeasesForLesseeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PresentationOfLeasesForLesseeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LeaseLiabilitiesOne">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of lease liabilities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LeaseLiabilitiesOne</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LeaseLiabilitiesPotencialPISAndCOFINSCredit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of lease liabilities potencial PIS and COFINS credit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LeaseLiabilitiesPotencialPISAndCOFINSCredit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LeaseLiabilitiesPresentValueAdjustmentsOne">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of present value adjustment in leases.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LeaseLiabilitiesPresentValueAdjustmentsOne</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of present value adjustment in leases PIS and COFINS credit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LeaseLiabilitiesPresentValueAdjustmentsleasesPISAndCOFINSCredit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>154
<FILENAME>R135.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026220128344">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>16. LEASES (Details 4) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PresentationOfLeasesForLesseeAbstract', window );"><strong>Presentation of leases for lessee [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed', window );">Contract less than 12 months</a></td>
<td class="nump">R$ 549<span></span>
</td>
<td class="nump">R$ 10,819<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed', window );">Lower Assets value</a></td>
<td class="nump">9,563<span></span>
</td>
<td class="nump">3,853<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities', window );">Variable lease payments</a></td>
<td class="nump">270,449<span></span>
</td>
<td class="nump">177,460<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities', window );">Disclosure - 16. LEASES (Details 4)</a></td>
<td class="nump">R$ 280,561<span></span>
</td>
<td class="nump">R$ 192,132<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of the expense relating to leases of low-value assets accounted for applying paragraph 6 of IFRS 16. This expense shall not include the expense relating to short-term leases of low-value assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 53<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_53_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExpenseRelatingToLeasesOfLowvalueAssetsForWhichRecognitionExemptionHasBeenUsed</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of the expense relating to short-term leases accounted for applying paragraph 6 of IFRS 16. This expense need not include the expense relating to leases with a lease term of one month or less. Short-term lease is a lease that, at the commencement date, has a lease term of 12 months or less. A lease that contains a purchase option is not a short-term lease.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 53<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_53_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExpenseRelatingToShorttermLeasesForWhichRecognitionExemptionHasBeenUsed</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of the expense relating to variable lease payments not included in the measurement of lease liabilities. Variable lease payments are the portion of payments made by a lessee to a lessor for the right to use an underlying asset during the lease term that varies because of changes in facts or circumstances occurring after the commencement date, other than the passage of time. [Refer: Lease liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 53<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_53_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ExpenseRelatingToVariableLeasePaymentsNotIncludedInMeasurementOfLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PresentationOfLeasesForLesseeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PresentationOfLeasesForLesseeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of the expense relating to payments not included in the measurement of lease liabilities. Payments are the portion of payments made by a lessee to a lessor for the right to use an underlying asset during the lease term that varies because of changes in facts or circumstances occurring after the commencement date, other than the passage of time.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExpenseRelatingToPaymentsNotIncludedInMeasurementOfLeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>155
<FILENAME>R136.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026190689480">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>16. LEASES (Details 5) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentationOfLeasesForLesseeLineItems', window );"><strong>PresentationOfLeasesForLesseeLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Lease Liability</a></td>
<td class="nump">R$ 530,131<span></span>
</td>
<td class="nump">R$ 474,390<span></span>
</td>
<td class="nump">R$ 640,989<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightOfUse', window );">Right of net use</a></td>
<td class="nump">511,882<span></span>
</td>
<td class="nump">472,345<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialExpense', window );">Financial expenses</a></td>
<td class="num">(50,513)<span></span>
</td>
<td class="num">(49,118)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_Depreciations', window );">Depreciation</a></td>
<td class="num">(57,342)<span></span>
</td>
<td class="num">(53,826)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RateAxis=sid_RateInNominalTermsAndActualFlowMember', window );">Rate in nominal terms and actual flow [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentationOfLeasesForLesseeLineItems', window );"><strong>PresentationOfLeasesForLesseeLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LeaseLiabilities', window );">Lease Liability</a></td>
<td class="nump">595,193<span></span>
</td>
<td class="nump">579,390<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RightOfUse', window );">Right of net use</a></td>
<td class="nump">547,671<span></span>
</td>
<td class="nump">567,905<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialExpense', window );">Financial expenses</a></td>
<td class="num">(63,744)<span></span>
</td>
<td class="num">(57,556)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_Depreciations', window );">Depreciation</a></td>
<td class="num">R$ (59,560)<span></span>
</td>
<td class="num">R$ (57,356)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LeaseLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities related to the entity's leases. Lease is a contract, or part of a contract, that conveys the right to use an underlying asset for a period of time in exchange for consideration.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 16<br> -IssueDate 2020-01-01<br> -Paragraph 47<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=16&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_47_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LeaseLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_Depreciations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of depreciations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_Depreciations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FinancialExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FinancialExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PresentationOfLeasesForLesseeLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PresentationOfLeasesForLesseeLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RightOfUse">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the right of use.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RightOfUse</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RateAxis=sid_RateInNominalTermsAndActualFlowMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RateAxis=sid_RateInNominalTermsAndActualFlowMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>156
<FILENAME>R137.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026190654568">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>16. LEASES (Details Narrative)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_RailwayOperationMember', window );">Railway Operation [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentationOfLeasesForLesseeLineItems', window );"><strong>PresentationOfLeasesForLesseeLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LeaseAgreementRemainingTerm', window );">Lease agreement remaining term</a></td>
<td class="text">7 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_OperationalFacilitiesMember', window );">Operational Facilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentationOfLeasesForLesseeLineItems', window );"><strong>PresentationOfLeasesForLesseeLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LeaseAgreementRemainingTerm', window );">Lease agreement remaining term</a></td>
<td class="text">2 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_AdministrativeMember', window );">Administrative [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentationOfLeasesForLesseeLineItems', window );"><strong>PresentationOfLeasesForLesseeLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LeaseAgreementRemainingTerm', window );">Lease agreement remaining term</a></td>
<td class="text">5 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_SalesOfficesMember', window );">Sales Offices [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentationOfLeasesForLesseeLineItems', window );"><strong>PresentationOfLeasesForLesseeLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LeaseAgreementRemainingTerm', window );">Lease agreement remaining term</a></td>
<td class="text">16 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member] | Cargo Terminal - TECON [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentationOfLeasesForLesseeLineItems', window );"><strong>PresentationOfLeasesForLesseeLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LeaseAgreementRemainingTerm', window );">Lease agreement remaining term</a></td>
<td class="text">27 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member] | Cargo Terminal - TECAR [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentationOfLeasesForLesseeLineItems', window );"><strong>PresentationOfLeasesForLesseeLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LeaseAgreementRemainingTerm', window );">Lease agreement remaining term</a></td>
<td class="text">31 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member] | Operating Equipment [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentationOfLeasesForLesseeLineItems', window );"><strong>PresentationOfLeasesForLesseeLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LeaseAgreementRemainingTerm', window );">Lease agreement remaining term</a></td>
<td class="text">2 years<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member] | Operating Equipment [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentationOfLeasesForLesseeLineItems', window );"><strong>PresentationOfLeasesForLesseeLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LeaseAgreementRemainingTerm', window );">Lease agreement remaining term</a></td>
<td class="text">5 years<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LeaseAgreementRemainingTerm">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to lease agreement remaining term.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LeaseAgreementRemainingTerm</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PresentationOfLeasesForLesseeLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PresentationOfLeasesForLesseeLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_RailwayOperationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_RailwayOperationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_OperationalFacilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_OperationalFacilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_AdministrativeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_AdministrativeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_SalesOfficesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_SalesOfficesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_CargoTerminalTECONMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_CargoTerminalTECONMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_CargoTerminalTECARMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_CargoTerminalTECARMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_OperatingEquipmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis=sid_OperatingEquipmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>157
<FILENAME>R138.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191691976">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>17. TRADE PAYABLES (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAndLiabilitiesAxis=sid_CurrentTradePayablesMember', window );">Current trade payables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TradePayablesLineItems', window );"><strong>TradePayablesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayablesToTradeSuppliers', window );">Trade payables</a></td>
<td class="nump">R$ 4,893,589<span></span>
</td>
<td class="nump">R$ 3,012,654<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdjustmentPresentValue', window );">(-) Adjustment present value</a></td>
<td class="num">(74,050)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayables', window );">Trade payable, net</a></td>
<td class="nump">4,819,539<span></span>
</td>
<td class="nump">R$ 3,012,654<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAndLiabilitiesAxis=sid_NonCurrentTradePayablesMember', window );">Non current trade payables [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TradePayablesLineItems', window );"><strong>TradePayablesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayablesToTradeSuppliers', window );">Trade payables</a></td>
<td class="nump">594,051<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdjustmentPresentValue', window );">(-) Adjustment present value</a></td>
<td class="num">(50,524)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TradeAndOtherPayables', window );">Trade payable, net</a></td>
<td class="nump">R$ 543,527<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of trade payables and other payables. [Refer: Trade payables; Other payables]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph k<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_k&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TradeAndOtherPayablesToTradeSuppliers">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of payment due to suppliers for goods and services used in the entity's business.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TradeAndOtherPayablesToTradeSuppliers</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdjustmentPresentValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the adjustment present value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdjustmentPresentValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TradePayablesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TradePayablesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AssetsAndLiabilitiesAxis=sid_CurrentTradePayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AssetsAndLiabilitiesAxis=sid_CurrentTradePayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AssetsAndLiabilitiesAxis=sid_NonCurrentTradePayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AssetsAndLiabilitiesAxis=sid_NonCurrentTradePayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>158
<FILENAME>R139.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186163640">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>18. INCOME TAX AND SOCIAL CONTRIBUTION (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAbstract', window );"><strong>Income Tax And Social Contributions</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentTaxExpenseIncome', window );">Income tax and social contribution income (expense), current</a></td>
<td class="num">R$ (2,052,204)<span></span>
</td>
<td class="num">R$ (1,564,622)<span></span>
</td>
<td class="num">R$ (827,229)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncome', window );">Income tax and social contribution income (expense), deferred</a></td>
<td class="nump">1,426,696<span></span>
</td>
<td class="nump">2,398,400<span></span>
</td>
<td class="nump">576,895<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax and social contribution income (expense)</a></td>
<td class="nump">R$ 625,508<span></span>
</td>
<td class="num">R$ (833,778)<span></span>
</td>
<td class="nump">R$ 250,334<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentTaxExpenseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income taxes payable (recoverable) in respect of the taxable profit (tax loss) for a period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 80<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_80_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentTaxExpenseIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxExpenseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of tax expense (income) relating to changes in deferred tax liabilities and deferred tax assets. [Refer: Deferred tax assets; Deferred tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_g_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxExpenseIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxExpenseContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2020-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 79<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 82<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B13<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>159
<FILENAME>R140.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026185705896">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 1) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AccountingProfit', window );">Profit/(Loss) before income tax and social contribution</a></td>
<td class="nump">R$ 4,918,126<span></span>
</td>
<td class="nump">R$ 1,410,733<span></span>
</td>
<td class="nump">R$ 5,450,917<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ApplicableTaxRate', window );">Tax rate (in percent)</a></td>
<td class="nump">34.00%<span></span>
</td>
<td class="nump">34.00%<span></span>
</td>
<td class="nump">34.00%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TaxExpenseIncomeAtApplicableTaxRate', window );">Income tax and social contribution at combined statutory rate</a></td>
<td class="num">R$ (1,672,163)<span></span>
</td>
<td class="num">R$ (479,649)<span></span>
</td>
<td class="num">R$ (1,853,312)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeTaxExpenseContinuingOperations', window );">Income tax and social contribution</a></td>
<td class="num">R$ (625,508)<span></span>
</td>
<td class="nump">R$ 833,778<span></span>
</td>
<td class="num">R$ (250,334)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TaxRateEffectOfTaxLosses', window );">Effective tax rate (in percent)</a></td>
<td class="nump">13.00%<span></span>
</td>
<td class="num">(59.00%)<span></span>
</td>
<td class="nump">5.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAxis=sid_EquityInResultsOfAffiliatedCompaniesMember', window );">Equity in results of affiliated companies [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome', window );">Adjustment to reflect the effective rate</a></td>
<td class="nump">R$ 28,391<span></span>
</td>
<td class="nump">R$ 46,737<span></span>
</td>
<td class="nump">R$ 50,134<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAxis=sid_ProfitWithDifferentiatedRatesOrUntaxedMember', window );">Profit with differentiated rates or untaxed [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome', window );">Adjustment to reflect the effective rate</a></td>
<td class="num">(519,840)<span></span>
</td>
<td class="num">(236,404)<span></span>
</td>
<td class="num">(46,006)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAxis=sid_TransferPricingAdjustmentMember', window );">Transfer pricing adjustment [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome', window );">Adjustment to reflect the effective rate</a></td>
<td class="num">(15,645)<span></span>
</td>
<td class="num">(18,494)<span></span>
</td>
<td class="num">(74,836)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAxis=sid_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember', window );">Tax loss carryforwards without recognizing deferred taxes [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome', window );">Adjustment to reflect the effective rate</a></td>
<td class="num">(27,758)<span></span>
</td>
<td class="num">(21,095)<span></span>
</td>
<td class="num">(27,683)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAxis=sid_LimitOfIndebtednessMember', window );">Indebtdness limit [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome', window );">Adjustment to reflect the effective rate</a></td>
<td class="num">(25,087)<span></span>
</td>
<td class="num">(20,393)<span></span>
</td>
<td class="num">(38,486)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAxis=sid_UnrecordedDeferredTaxesOnTemporaryDifferencesMember', window );">Unrecorded deferred taxes on temporary differences [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome', window );">Adjustment to reflect the effective rate</a></td>
<td class="nump">5,142<span></span>
</td>
<td class="num">(2,835)<span></span>
</td>
<td class="num">(11,964)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAxis=sid_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember', window );">(Losses)/Reversal for deferred income and social contribution tax credits [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome', window );">Adjustment to reflect the effective rate</a></td>
<td class="nump">1,540,087<span></span>
</td>
<td class="nump">1,530,185<span></span>
</td>
<td class="nump">1,807,909<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAxis=sid_IncomeTaxAndSocialContributionOnForeignProfitMember', window );">Income taxes and social contribution on foreign profit [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome', window );">Adjustment to reflect the effective rate</a></td>
<td class="num">(13,011)<span></span>
</td>
<td class="num">(14,424)<span></span>
</td>
<td class="num">(30,219)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAxis=sid_TaxIncentivesMember', window );">Tax incentives [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome', window );">Adjustment to reflect the effective rate</a></td>
<td class="nump">64,818<span></span>
</td>
<td class="nump">39,042<span></span>
</td>
<td class="nump">36,710<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAxis=sid_ReversalOfDeferredTaxInNamisaMember', window );">Deferred taxes on exchange variation in equity [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome', window );">Adjustment to reflect the effective rate</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="num">(43,667)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAxis=sid_InterestOnEquityMember', window );">Interest on equity [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome', window );">Adjustment to reflect the effective rate</a></td>
<td class="nump">17,177<span></span>
</td>
<td class="nump">22,107<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAxis=sid_OtherPermanentDeductionsAdditionsMember', window );">Other permanent deductions (additions) [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome', window );">Adjustment to reflect the effective rate</a></td>
<td class="num">R$ (7,619)<span></span>
</td>
<td class="num">R$ (10,999)<span></span>
</td>
<td class="num">R$ (18,914)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AccountingProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of profit (loss) for a period before deducting tax expense. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AccountingProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ApplicableTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The applicable income tax rate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ApplicableTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeTaxExpenseContinuingOperations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2020-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause viii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35_b_viii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -Subparagraph h<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23_h&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 79<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_79&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 82<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_82_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 7: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B13<br> -Subparagraph g<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B13_g&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeTaxExpenseContinuingOperations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount that represents the difference between the tax expense (income) and the product of the accounting profit multiplied by the applicable tax rate(s) that the entity does not separately disclose in the same statement or note. [Refer: Accounting profit; Applicable tax rate]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TaxExpenseIncomeAtApplicableTaxRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The product of the accounting profit multiplied by the applicable tax rate(s). [Refer: Accounting profit; Applicable tax rate]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_c_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TaxExpenseIncomeAtApplicableTaxRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TaxRateEffectOfTaxLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The tax rate effect on the reconciliation between the average effective tax rate and the applicable tax rate resulting from tax losses. [Refer: Average effective tax rate; Applicable tax rate]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph c<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_c_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TaxRateEffectOfTaxLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAxis=sid_EquityInResultsOfAffiliatedCompaniesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAxis=sid_EquityInResultsOfAffiliatedCompaniesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAxis=sid_ProfitWithDifferentiatedRatesOrUntaxedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAxis=sid_ProfitWithDifferentiatedRatesOrUntaxedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAxis=sid_TransferPricingAdjustmentMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAxis=sid_TransferPricingAdjustmentMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAxis=sid_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAxis=sid_TaxLossCarryforwardsWithoutRecognizingDeferredTaxesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAxis=sid_LimitOfIndebtednessMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAxis=sid_LimitOfIndebtednessMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAxis=sid_UnrecordedDeferredTaxesOnTemporaryDifferencesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAxis=sid_UnrecordedDeferredTaxesOnTemporaryDifferencesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAxis=sid_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAxis=sid_LossesReversalForDeferredIncomeAndSocialContributionTaxCreditsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAxis=sid_IncomeTaxAndSocialContributionOnForeignProfitMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAxis=sid_IncomeTaxAndSocialContributionOnForeignProfitMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAxis=sid_TaxIncentivesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAxis=sid_TaxIncentivesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAxis=sid_ReversalOfDeferredTaxInNamisaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAxis=sid_ReversalOfDeferredTaxInNamisaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAxis=sid_InterestOnEquityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAxis=sid_InterestOnEquityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAxis=sid_OtherPermanentDeductionsAdditionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAxis=sid_OtherPermanentDeductionsAdditionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>160
<FILENAME>R141.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026179109224">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 2) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 1,883,765<span></span>
</td>
<td class="num">R$ (512,337)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Movement in profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">170,604<span></span>
</td>
<td class="nump">215,306<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,256,110<span></span>
</td>
<td class="nump">1,883,765<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssets1', window );">Total deferred assets</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 3,874,946<span></span>
</td>
<td class="nump">R$ 2,473,304<span></span>
</td>
<td class="nump">R$ 89,394<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxLiabilities1', window );">Total deferred liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(618,836)<span></span>
</td>
<td class="num">(589,539)<span></span>
</td>
<td class="num">(601,731)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Total deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,883,765<span></span>
</td>
<td class="num">(512,337)<span></span>
</td>
<td class="nump">3,256,110<span></span>
</td>
<td class="nump">1,883,765<span></span>
</td>
<td class="num">(512,337)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssetLiabilityAxis=sid_DeferredIncomeTaxLossesMember', window );">Deferred Income Tax Losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,610,801<span></span>
</td>
<td class="nump">959,240<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Movement in profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">238,198<span></span>
</td>
<td class="nump">651,561<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,848,999<span></span>
</td>
<td class="nump">1,610,801<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Total deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,848,999<span></span>
</td>
<td class="nump">959,240<span></span>
</td>
<td class="nump">1,848,999<span></span>
</td>
<td class="nump">1,610,801<span></span>
</td>
<td class="nump">959,240<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssetLiabilityAxis=sid_DeferredSocialContributionTaxLossesMember', window );">Deferred social contribution tax losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">610,046<span></span>
</td>
<td class="nump">367,358<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Movement in profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">78,162<span></span>
</td>
<td class="nump">242,688<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">688,208<span></span>
</td>
<td class="nump">610,046<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Total deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">688,208<span></span>
</td>
<td class="nump">367,358<span></span>
</td>
<td class="nump">688,208<span></span>
</td>
<td class="nump">610,046<span></span>
</td>
<td class="nump">367,358<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssetLiabilityAxis=sid_TemporaryDifferencesMember', window );">Temporary Differences [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(337,082)<span></span>
</td>
<td class="num">(1,838,935)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity', window );">Movement in shareholders' equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(59,380)<span></span>
</td>
<td class="num">(2,357)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Movement in profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,110,336<span></span>
</td>
<td class="nump">1,504,151<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset', window );">Other movement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,029<span></span>
</td>
<td class="nump">59<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">718,903<span></span>
</td>
<td class="num">(337,082)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Total deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">718,903<span></span>
</td>
<td class="num">(1,838,935)<span></span>
</td>
<td class="nump">718,903<span></span>
</td>
<td class="num">(337,082)<span></span>
</td>
<td class="num">(1,838,935)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssetLiabilityAxis=sid_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember', window );">Provision For Tax Social Security, Labor, Civil And Environmental Risks [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">264,013<span></span>
</td>
<td class="nump">334,380<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Movement in profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">15,136<span></span>
</td>
<td class="num">(70,367)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">279,149<span></span>
</td>
<td class="nump">264,013<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Total deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">279,149<span></span>
</td>
<td class="nump">334,380<span></span>
</td>
<td class="nump">279,149<span></span>
</td>
<td class="nump">264,013<span></span>
</td>
<td class="nump">334,380<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssetLiabilityAxis=sid_AssetsImpairmentLossesMember', window );">Assets impairment losses [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">182,431<span></span>
</td>
<td class="nump">181,516<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Movement in profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(26,444)<span></span>
</td>
<td class="nump">915<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset', window );">Other movement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,029<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">161,016<span></span>
</td>
<td class="nump">182,431<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Total deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">161,016<span></span>
</td>
<td class="nump">181,516<span></span>
</td>
<td class="nump">161,016<span></span>
</td>
<td class="nump">182,431<span></span>
</td>
<td class="nump">181,516<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssetLiabilityAxis=sid_GainsLossesOnFinancialInstrumentsMember', window );">(Gains )/ losses On financial instruments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">414,495<span></span>
</td>
<td class="nump">359,776<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Movement in profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(409,468)<span></span>
</td>
<td class="nump">54,719<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,027<span></span>
</td>
<td class="nump">414,495<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Total deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">5,027<span></span>
</td>
<td class="nump">414,495<span></span>
</td>
<td class="nump">5,027<span></span>
</td>
<td class="nump">414,495<span></span>
</td>
<td class="nump">359,776<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssetLiabilityAxis=sid_ActuarialLiabilityPensionAndHealthcarePlanMember', window );">Actuarial liability (pension and healthcare plan) [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">314,601<span></span>
</td>
<td class="nump">276,032<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity', window );">Movement in shareholders' equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(44,732)<span></span>
</td>
<td class="nump">38,569<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Movement in profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(7,412)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">262,457<span></span>
</td>
<td class="nump">314,601<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Total deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">262,457<span></span>
</td>
<td class="nump">276,032<span></span>
</td>
<td class="nump">262,457<span></span>
</td>
<td class="nump">314,601<span></span>
</td>
<td class="nump">276,032<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssetLiabilityAxis=sid_AccruedSuppliesAndServicesMember', window );">Accrued supplies and services [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">132,411<span></span>
</td>
<td class="nump">95,644<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Movement in profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">22,041<span></span>
</td>
<td class="nump">36,767<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">154,452<span></span>
</td>
<td class="nump">132,411<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Total deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">154,452<span></span>
</td>
<td class="nump">95,644<span></span>
</td>
<td class="nump">154,452<span></span>
</td>
<td class="nump">132,411<span></span>
</td>
<td class="nump">95,644<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssetLiabilityAxis=sid_UnrealizedExchangeDifferencesMember', window );">Unrealized exchange differences [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,181,501<span></span>
</td>
<td class="nump">1,010,532<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Movement in profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(29,172)<span></span>
</td>
<td class="nump">170,969<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,152,326<span></span>
</td>
<td class="nump">1,181,501<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Total deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,152,326<span></span>
</td>
<td class="nump">1,010,532<span></span>
</td>
<td class="nump">1,152,326<span></span>
</td>
<td class="nump">1,181,501<span></span>
</td>
<td class="nump">1,010,532<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssetLiabilityAxis=sid_GainUponLossOfControlInTransnordestinaMember', window );">Gain upon loss of control in Transnordestina [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(92,180)<span></span>
</td>
<td class="num">(92,180)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(92,180)<span></span>
</td>
<td class="num">(92,180)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Total deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(92,180)<span></span>
</td>
<td class="num">(92,180)<span></span>
</td>
<td class="num">(92,180)<span></span>
</td>
<td class="num">(92,180)<span></span>
</td>
<td class="num">(92,180)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssetLiabilityAxis=sid_CashFlowHedgeAccountingMember', window );">Cash flow hedge accounting [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">426,961<span></span>
</td>
<td class="nump">490,041<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity', window );">Movement in shareholders' equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,315,839<span></span>
</td>
<td class="num">(63,080)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,742,800<span></span>
</td>
<td class="nump">426,961<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Total deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,742,800<span></span>
</td>
<td class="nump">490,041<span></span>
</td>
<td class="nump">1,742,800<span></span>
</td>
<td class="nump">426,961<span></span>
</td>
<td class="nump">490,041<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssetLiabilityAxis=sid_AcquisitionFairValueSwtCblMember', window );">Aquisition Fair Value SWT/CBL [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(184,513)<span></span>
</td>
<td class="num">(172,114)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity', window );">Movement in shareholders' equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(57,651)<span></span>
</td>
<td class="num">(52,071)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Movement in profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">30,149<span></span>
</td>
<td class="nump">39,672<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(212,015)<span></span>
</td>
<td class="num">(184,513)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Total deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(212,015)<span></span>
</td>
<td class="num">(172,114)<span></span>
</td>
<td class="num">(212,015)<span></span>
</td>
<td class="num">(184,513)<span></span>
</td>
<td class="num">(172,114)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssetLiabilityAxis=sid_DeferredTaxesNonComputedMember', window );">Deferred taxes non computed [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(291,961)<span></span>
</td>
<td class="num">(252,940)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Movement in profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(25,966)<span></span>
</td>
<td class="num">(39,021)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(317,927)<span></span>
</td>
<td class="num">(291,961)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Total deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(317,927)<span></span>
</td>
<td class="num">(252,940)<span></span>
</td>
<td class="num">(317,927)<span></span>
</td>
<td class="num">(291,961)<span></span>
</td>
<td class="num">(252,940)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssetLiabilityAxis=sid_EstimatedLossesReversalsToDeferredTaxesCreditsMember', window );">Estimated (Losses)/reversals to deferred taxes credits [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,625,998)<span></span>
</td>
<td class="num">(3,086,572)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity', window );">Movement in shareholders' equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,270,110)<span></span>
</td>
<td class="nump">25,159<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Movement in profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,548,640<span></span>
</td>
<td class="nump">1,435,415<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,347,468)<span></span>
</td>
<td class="num">(1,625,998)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Total deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,347,468)<span></span>
</td>
<td class="num">(3,086,572)<span></span>
</td>
<td class="num">(1,347,468)<span></span>
</td>
<td class="num">(1,625,998)<span></span>
</td>
<td class="num">(3,086,572)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssetLiabilityAxis=sid_BusinessCombinationMember', window );">Business Combination [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,023,341)<span></span>
</td>
<td class="num">(1,030,812)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Movement in profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">8,292<span></span>
</td>
<td class="nump">7,471<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,015,049)<span></span>
</td>
<td class="num">(1,023,341)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Total deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,015,049)<span></span>
</td>
<td class="num">(1,030,812)<span></span>
</td>
<td class="num">(1,015,049)<span></span>
</td>
<td class="num">(1,023,341)<span></span>
</td>
<td class="num">(1,030,812)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssetLiabilityAxis=sid_ConsolidationCBSIMember', window );">Consolidation CBSI [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">50<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Movement in profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(12)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset', window );">Other movement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">62<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">50<span></span>
</td>
<td class="nump">50<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Total deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">50<span></span>
</td>
<td class="nump">50<span></span>
</td>
<td class="nump">50<span></span>
</td>
<td class="nump">50<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssetLiabilityAxis=sid_OthersMember', window );">Others [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, beginning</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(35,552)<span></span>
</td>
<td class="nump">47,762<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity', window );">Movement in shareholders' equity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,726)<span></span>
</td>
<td class="nump">49,066<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Movement in profit or loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(15,457)<span></span>
</td>
<td class="num">(132,377)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset', window );">Other movement</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(3)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Deferred tax asset/liability, ending</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(53,735)<span></span>
</td>
<td class="num">(35,552)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxLiabilityAsset', window );">Total deferred</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (53,735)<span></span>
</td>
<td class="nump">R$ 47,762<span></span>
</td>
<td class="num">R$ (53,735)<span></span>
</td>
<td class="num">R$ (35,552)<span></span>
</td>
<td class="nump">R$ 47,762<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The Company taxes exchange differences on a cash basis to calculate income tax and social contribution on net income.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of tax expense or income relating to changes in deferred tax liabilities and deferred tax assets, recognised in profit or loss. [Refer: Deferred tax assets; Deferred tax expense (income); Deferred tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_g_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax liabilities or assets. [Refer: Deferred tax liabilities; Deferred tax assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax related to items credited (charged) directly to equity. [Refer: Deferred tax expense (income)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in a deferred tax liability (asset). [Refer: Deferred tax liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseInDeferredTaxLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssets1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to deferred tax assets1.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssets1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxLiabilities1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to deferred tax liabilities1.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxLiabilities1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssetLiabilityAxis=sid_DeferredIncomeTaxLossesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssetLiabilityAxis=sid_DeferredIncomeTaxLossesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssetLiabilityAxis=sid_DeferredSocialContributionTaxLossesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssetLiabilityAxis=sid_DeferredSocialContributionTaxLossesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssetLiabilityAxis=sid_TemporaryDifferencesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssetLiabilityAxis=sid_TemporaryDifferencesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssetLiabilityAxis=sid_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssetLiabilityAxis=sid_ProvisionForTaxSocialSecurityLaborCivilAndEnvironmentalRisksMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssetLiabilityAxis=sid_AssetsImpairmentLossesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssetLiabilityAxis=sid_AssetsImpairmentLossesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssetLiabilityAxis=sid_GainsLossesOnFinancialInstrumentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssetLiabilityAxis=sid_GainsLossesOnFinancialInstrumentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssetLiabilityAxis=sid_ActuarialLiabilityPensionAndHealthcarePlanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssetLiabilityAxis=sid_ActuarialLiabilityPensionAndHealthcarePlanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssetLiabilityAxis=sid_AccruedSuppliesAndServicesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssetLiabilityAxis=sid_AccruedSuppliesAndServicesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssetLiabilityAxis=sid_UnrealizedExchangeDifferencesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssetLiabilityAxis=sid_UnrealizedExchangeDifferencesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssetLiabilityAxis=sid_GainUponLossOfControlInTransnordestinaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssetLiabilityAxis=sid_GainUponLossOfControlInTransnordestinaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssetLiabilityAxis=sid_CashFlowHedgeAccountingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssetLiabilityAxis=sid_CashFlowHedgeAccountingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssetLiabilityAxis=sid_AcquisitionFairValueSwtCblMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssetLiabilityAxis=sid_AcquisitionFairValueSwtCblMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssetLiabilityAxis=sid_DeferredTaxesNonComputedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssetLiabilityAxis=sid_DeferredTaxesNonComputedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssetLiabilityAxis=sid_EstimatedLossesReversalsToDeferredTaxesCreditsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssetLiabilityAxis=sid_EstimatedLossesReversalsToDeferredTaxesCreditsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssetLiabilityAxis=sid_BusinessCombinationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssetLiabilityAxis=sid_BusinessCombinationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssetLiabilityAxis=sid_ConsolidationCBSIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssetLiabilityAxis=sid_ConsolidationCBSIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssetLiabilityAxis=sid_OthersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssetLiabilityAxis=sid_OthersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>161
<FILENAME>R142.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026190883048">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 3)<br> R$ in Thousands</strong></div></th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssets2', window );">Deferred Asset</a></td>
<td class="nump">R$ 4,703<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredLiabilitiesParentCompany', window );">Deferred liabilities - Parent Company</a></td>
<td class="num">(828)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossDeferredTaxAssets', window );">Net Deferred Asset</a></td>
<td class="nump">3,875<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredLiabilitiesSubsidiaries', window );">Deferred liabilities - Subsidiaries</a></td>
<td class="nump">619<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NetDeferredTaxAssets', window );">Net Deferred Asset</a></td>
<td class="nump">3,256<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember', window );">3/2/2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssets2', window );">Deferred Asset</a></td>
<td class="nump">1,018<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=sid_LaterThanTwoYearMember', window );">2022[member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssets2', window );">Deferred Asset</a></td>
<td class="nump">1,315<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=sid_LaterThanThreeYearMember', window );">2023[member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssets2', window );">Deferred Asset</a></td>
<td class="nump">1,257<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=sid_LaterThanFourYearMember', window );">2024[member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssets2', window );">Deferred Asset</a></td>
<td class="nump">495<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=sid_LaterThanFiveYearMember', window );">2025[member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAssets2', window );">Deferred Asset</a></td>
<td class="nump">R$ 618<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NetDeferredTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax assets net of deferred tax liabilities, when the absolute amount of deferred tax assets is greater than the absolute amount of deferred tax liabilities. [Refer: Deferred tax assets; Deferred tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_g_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NetDeferredTaxAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredLiabilitiesParentCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred liabilities parent company.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredLiabilitiesParentCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredLiabilitiesSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred liabilities subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredLiabilitiesSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAssets2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax assets two.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAssets2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_GrossDeferredTaxAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of gross deferred tax assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_GrossDeferredTaxAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=sid_LaterThanTwoYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=sid_LaterThanTwoYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=sid_LaterThanThreeYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=sid_LaterThanThreeYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=sid_LaterThanFourYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=sid_LaterThanFourYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=sid_LaterThanFiveYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=sid_LaterThanFiveYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>162
<FILENAME>R143.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191067496">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 4) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAbstract', window );"><strong>Income Tax And Social Contributions</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss', window );">Actuarial gains on defined benefit pension plan</a></td>
<td class="nump">R$ 170,604<span></span>
</td>
<td class="nump">R$ 215,306<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity', window );">Estimated losses for deferred income and social contribution tax credits - actuarial gains</a></td>
<td class="num">(172,520)<span></span>
</td>
<td class="num">(217,969)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset', window );">Exchange differences on translating foreign operations</a></td>
<td class="num">(325,350)<span></span>
</td>
<td class="num">(325,350)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity', window );">Cash flow hedge accounting</a></td>
<td class="nump">1,742,765<span></span>
</td>
<td class="nump">426,961<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity', window );">Estimated losses for deferred income and social contribution tax credits - cash flow hedge</a></td>
<td class="num">(1,742,520)<span></span>
</td>
<td class="num">(426,961)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity', window );">Total</a></td>
<td class="num">R$ (327,021)<span></span>
</td>
<td class="num">R$ (328,013)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The aggregate current and deferred tax relating to particular items that are charged or credited directly to equity, for example: (a) an adjustment to the opening balance of retained earnings resulting from either a change in accounting policy that is applied retrospectively or the correction of an error; and (b) amounts arising on initial recognition of the equity component of a compound financial instrument. [Refer: Deferred tax relating to items credited (charged) directly to equity; Retained earnings; Financial instruments, class [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAndDeferredTaxRelatingToItemsChargedOrCreditedDirectlyToEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of tax expense or income relating to changes in deferred tax liabilities and deferred tax assets, recognised in profit or loss. [Refer: Deferred tax assets; Deferred tax expense (income); Deferred tax liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph g<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_g_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DeferredTaxExpenseIncomeRecognisedInProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in deferred tax liability (asset) resulting from the net exchange differences arising when the financial statements are translated from the functional currency into a different presentation currency, including the translation of a foreign operation into the presentation currency of the reporting entity. [Refer: Deferred tax liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to income tax relating to gains losses on cash flow hedges net of tax charged or credited directly to equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxRelatingToGainsLossesOnCashFlowHedgesNetOfTaxChargedOrCreditedDirectlyToEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to income tax relating to gains losses on remeasurements of defined benefit plans charged or credited directly to equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxRelatingToGainsLossesOnRemeasurementsOfDefinedBenefitPlansChargedOrCreditedDirectlyToEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to income tax relating to hedges of investments in equity instruments charged or credited directly to equity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxRelatingToHedgesOfInvestmentsInEquityInstrumentsChargedOrCreditedDirectlyToEquity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>163
<FILENAME>R144.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191189672">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 5)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAxis=sid_TaxLossesMember', window );">Tax losses [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory', window );">Description</a></td>
<td class="text">The Company incurs tax losses in the Parent Company as a result of financial expenses on its indebtedness, since it substantially holds all the loans and financing of the CSN Group. However, the Parent Company reported taxable income in two quarters of 2020.<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAxis=sid_ExchangeDifferenceExpensesMember', window );">Foreign exchange differences [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory', window );">Description</a></td>
<td class="text">Since 2012, the Company has opted for taxing exchange rate variations on a cash basis. As a result, taxes are due and expenses are deductible when the underlying asset or liability is settled.<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAxis=sid_LossesOnUsiminasSharesMember', window );">Losses on Usiminas shares [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory', window );">Description</a></td>
<td class="text">Changes in investment in Usiminas shares are recognized on an accrual basis; however, the event that generates taxation or deductibility will only occur when the investment is sold.<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionAxis=ifrs-full_OtherProvisionsMember', window );">Other provisions [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory', window );">Description</a></td>
<td class="text">Other provisions are recognized on an accrual basis and their taxation occurs only at the time of their realization, such as: provision for contingencies, loss for impairment, provision for environmental liabilities, etc.<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the nature of the evidence supporting the recognition of a deferred tax asset when: (a) the utilisation of the deferred tax asset is dependent on future taxable profits in excess of the profits arising from the reversal of existing taxable temporary differences; and (b) the entity has suffered a loss in either the current or preceding period in the tax jurisdiction to which the deferred tax asset relates. [Refer: Temporary differences [member]; Deferred tax asset when utilisation is dependent on future taxable profits in excess of profits from reversal of taxable temporary differences and entity has suffered loss in jurisdiction to which deferred tax asset relates]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 82<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_82&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfEvidenceSupportingRecognitionOfDeferredTaxAssetsDependentOnFutureTaxableProfitsAndEntityHasSufferedALossInCurrentOrPrecedingPeriodExplanatory</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAxis=sid_TaxLossesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAxis=sid_TaxLossesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAxis=sid_ExchangeDifferenceExpensesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAxis=sid_ExchangeDifferenceExpensesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAxis=sid_LossesOnUsiminasSharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAxis=sid_LossesOnUsiminasSharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionAxis=ifrs-full_OtherProvisionsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionAxis=ifrs-full_OtherProvisionsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>164
<FILENAME>R145.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191588840">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>18. INCOME TAX AND SOCIAL CONTRIBUTION (Details Narrative) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProfitGeneratedByForeignSubsidiaries', window );">Profit generated by foreign subsidiaries</a></td>
<td class="nump">R$ 1,284,483<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContribution', window );">Income tax and social contribution</a></td>
<td class="nump">412,420<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_UnusedTaxCreditsForWhichNoDeferredTaxAssetRecognised', window );">Tax losses carryforward</a></td>
<td class="nump">1,681,000<span></span>
</td>
<td class="nump">R$ 1,466,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NegativeBaseOfSocialContribution', window );">Negative base of social contribution</a></td>
<td class="nump">627,000<span></span>
</td>
<td class="nump">R$ 550,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ReversedOfEstimatedLosses', window );">Reversed of estimated losses</a></td>
<td class="nump">1,369,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeferredTaxAsset', window );">Deferred tax asset</a></td>
<td class="nump">R$ 4,628,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeTaxAndSocialContributionLineItems', window );"><strong>IncomeTaxAndSocialContributionLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxCreditsMaturityTerms', window );">Tax credits maturity terms</a></td>
<td class="text">10 years<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_UnusedTaxCreditsForWhichNoDeferredTaxAssetRecognised">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of unused tax credits for which no deferred tax asset is recognised in the statement of financial position. [Refer: Unused tax credits [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 81<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_UnusedTaxCreditsForWhichNoDeferredTaxAssetRecognised</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeferredTaxAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deferred tax asset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeferredTaxAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContribution">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to income tax and social contribution.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContribution</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeTaxAndSocialContributionLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeTaxAndSocialContributionLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_NegativeBaseOfSocialContribution">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of negative base of social contribution.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_NegativeBaseOfSocialContribution</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProfitGeneratedByForeignSubsidiaries">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to profit generated by foreign subsidiaries.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProfitGeneratedByForeignSubsidiaries</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ReversedOfEstimatedLosses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of reversed of estimated losses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ReversedOfEstimatedLosses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TaxCreditsMaturityTerms">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the tax credits maturity terms.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TaxCreditsMaturityTerms</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>165
<FILENAME>R146.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026195446024">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>19. TAXES IN INSTALLMENTS (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxesInInstallmentsLineItems', window );"><strong>TaxesInInstallmentsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent', window );">Federal REFIS debts and other tax installment payment plans, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 45,331<span></span>
</td>
<td class="nump">R$ 19,498<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent', window );">Federal REFIS debts and other tax installment payment plans, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">160,247<span></span>
</td>
<td class="nump">67,727<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_FederalRefisLaw1Member', window );">Federal REFIS law 11.941/09 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxesInInstallmentsLineItems', window );"><strong>TaxesInInstallmentsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent', window );">Federal REFIS debts and other tax installment payment plans, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">12,214<span></span>
</td>
<td class="nump">12,172<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent', window );">Federal REFIS debts and other tax installment payment plans, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">15,529<span></span>
</td>
<td class="nump">17,436<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_FederalRefisLaw2Member', window );">Federal REFIS law 12.865/13 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxesInInstallmentsLineItems', window );"><strong>TaxesInInstallmentsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent', window );">Federal REFIS debts and other tax installment payment plans, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">6,633<span></span>
</td>
<td class="nump">6,481<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent', window );">Federal REFIS debts and other tax installment payment plans, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">42,883<span></span>
</td>
<td class="nump">48,306<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_OtherTaxesInInstallmentsMember', window );">Other taxes in installments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxesInInstallmentsLineItems', window );"><strong>TaxesInInstallmentsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent', window );">Federal REFIS debts and other tax installment payment plans, current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">26,484<span></span>
</td>
<td class="nump">845<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent', window );">Federal REFIS debts and other tax installment payment plans, noncurrent</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 101,835<span></span>
</td>
<td class="nump">R$ 1,985<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The refinancing program of Law 11,941 / 09 has a balance arising from the adhesion to the REFIS of taxes on profit (IRPJ and CSLL) for the years 2006, 2007 and 2012 and taxes on billing (PIS and COFINS) for the years 2006 and 2007. The installment payment is paid in monthly installments, with interest at the SELIC rate, which is the rate of the Brazilian federal funds</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">The refinancing program of Law 12.865 / 13 has a balance resulting from the adhesion to the REFIS of taxes on profit (IRPJ and CSLL) for the payment of the amounts related to taxes on the profit of the affiliates or subsidiaries abroad in 2009 to 2011. It is due in monthly installments, with interest at the SELIC rate, which is the rate of Brazilian federal funds.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents federal REFIS debts and other tax installment payment plans, current.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FederalRefisAndOtherTaxInstallmentPaymentPlansCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents federal REFIS debts and other tax installment payment plans, noncurrent.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FederalRefisAndOtherTaxInstallmentPaymentPlansNoncurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TaxesInInstallmentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TaxesInInstallmentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_FederalRefisLaw1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_FederalRefisLaw1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_FederalRefisLaw2Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_FederalRefisLaw2Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_OtherTaxesInInstallmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_OtherTaxesInInstallmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>166
<FILENAME>R147.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026185796264">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities</a></td>
<td class="nump">R$ 635,388<span></span>
</td>
<td class="nump">R$ 623,247<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepositsFromBanks', window );">Judicial deposits</a></td>
<td class="nump">325,117<span></span>
</td>
<td class="nump">328,371<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AccruedLiabilitieCurrent', window );">Accrued liabilities current</a></td>
<td class="nump">81,073<span></span>
</td>
<td class="nump">96,479<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AccruedLiabilitiesNonCurrent', window );">Accrued liabilities non current</a></td>
<td class="nump">554,315<span></span>
</td>
<td class="nump">526,768<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_JudicialDepositsCurrent', window );">Judicial deposits current</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_JudicialDepositsNonCurrent', window );">Judicial deposits non current</a></td>
<td class="nump">325,117<span></span>
</td>
<td class="nump">328,371<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_TaxMember', window );">Tax [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities</a></td>
<td class="nump">134,645<span></span>
</td>
<td class="nump">128,411<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepositsFromBanks', window );">Judicial deposits</a></td>
<td class="nump">2,444<span></span>
</td>
<td class="nump">31,060<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_SocialSecurityMember', window );">Social security [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities</a></td>
<td class="nump">8,170<span></span>
</td>
<td class="nump">7,039<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepositsFromBanks', window );">Judicial deposits</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_LaborMember', window );">Labor [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities</a></td>
<td class="nump">328,334<span></span>
</td>
<td class="nump">305,309<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepositsFromBanks', window );">Judicial deposits</a></td>
<td class="nump">212,737<span></span>
</td>
<td class="nump">227,213<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_CivilMember', window );">Civil [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities</a></td>
<td class="nump">151,776<span></span>
</td>
<td class="nump">138,990<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepositsFromBanks', window );">Judicial deposits</a></td>
<td class="nump">67,819<span></span>
</td>
<td class="nump">53,771<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_EnvironmentalMember', window );">Environmental [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities</a></td>
<td class="nump">12,463<span></span>
</td>
<td class="nump">43,498<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepositsFromBanks', window );">Judicial deposits</a></td>
<td class="nump">17,683<span></span>
</td>
<td class="nump">3,731<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_DepositOfAGuaranteeMember', window );">Deposit of a guarantee [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DepositsFromBanks', window );">Judicial deposits</a></td>
<td class="nump">R$ 24,434<span></span>
</td>
<td class="nump">R$ 12,596<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Accruals">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities to pay for goods or services that have been received or supplied but have not been paid, invoiced or formally agreed with the supplier, including amounts due to employees.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Accruals</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DepositsFromBanks">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deposit liabilities from banks held by the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DepositsFromBanks</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AccruedLiabilitieCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to accrued liabilitie current.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AccruedLiabilitieCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AccruedLiabilitiesNonCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to accrued liabilities non current.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AccruedLiabilitiesNonCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_JudicialDepositsCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to judicial deposits current.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_JudicialDepositsCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_JudicialDepositsNonCurrent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of judical deposits non current.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_JudicialDepositsNonCurrent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_TaxMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_TaxMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_SocialSecurityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_SocialSecurityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_LaborMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_LaborMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_CivilMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_CivilMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_EnvironmentalMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_EnvironmentalMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_DepositOfAGuaranteeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_DepositOfAGuaranteeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>167
<FILENAME>R148.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191519624">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details 1)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities, beginning</a></td>
<td class="nump">R$ 623,247<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionsToAccruals', window );">Additions</a></td>
<td class="nump">110,313<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AccruedCharges', window );">Accrued charges</a></td>
<td class="nump">59,871<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NetUtilizationOfAccrualReversal', window );">Net utilization of reversal</a></td>
<td class="num">(158,043)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities, ending</a></td>
<td class="nump">635,388<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_TaxMember', window );">Tax [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities, beginning</a></td>
<td class="nump">128,411<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionsToAccruals', window );">Additions</a></td>
<td class="nump">8,626<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AccruedCharges', window );">Accrued charges</a></td>
<td class="nump">4,267<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NetUtilizationOfAccrualReversal', window );">Net utilization of reversal</a></td>
<td class="num">(6,659)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities, ending</a></td>
<td class="nump">134,645<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_SocialSecurityMember', window );">Social security [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities, beginning</a></td>
<td class="nump">7,039<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionsToAccruals', window );">Additions</a></td>
<td class="nump">5,892<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AccruedCharges', window );">Accrued charges</a></td>
<td class="nump">192<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NetUtilizationOfAccrualReversal', window );">Net utilization of reversal</a></td>
<td class="num">(4,953)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities, ending</a></td>
<td class="nump">8,170<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_LaborMember', window );">Labor [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities, beginning</a></td>
<td class="nump">305,309<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionsToAccruals', window );">Additions</a></td>
<td class="nump">44,693<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AccruedCharges', window );">Accrued charges</a></td>
<td class="nump">39,507<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NetUtilizationOfAccrualReversal', window );">Net utilization of reversal</a></td>
<td class="num">(61,175)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities, ending</a></td>
<td class="nump">328,334<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_CivilMember', window );">Civil [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities, beginning</a></td>
<td class="nump">138,990<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionsToAccruals', window );">Additions</a></td>
<td class="nump">46,577<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AccruedCharges', window );">Accrued charges</a></td>
<td class="nump">15,579<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NetUtilizationOfAccrualReversal', window );">Net utilization of reversal</a></td>
<td class="num">(49,370)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities, ending</a></td>
<td class="nump">151,776<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_EnvironmentalMember', window );">Environmental [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities, beginning</a></td>
<td class="nump">43,498<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionsToAccruals', window );">Additions</a></td>
<td class="nump">4,525<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AccruedCharges', window );">Accrued charges</a></td>
<td class="nump">326<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NetUtilizationOfAccrualReversal', window );">Net utilization of reversal</a></td>
<td class="num">(35,886)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Accruals', window );">Accrued liabilities, ending</a></td>
<td class="nump">R$ 12,463<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Accruals">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities to pay for goods or services that have been received or supplied but have not been paid, invoiced or formally agreed with the supplier, including amounts due to employees.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Accruals</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AccruedCharges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to accrued charges.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AccruedCharges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdditionsToAccruals">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to additions to accruals.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdditionsToAccruals</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_NetUtilizationOfAccrualReversal">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to net utilization of accrual reversal.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_NetUtilizationOfAccrualReversal</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_TaxMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_TaxMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_SocialSecurityMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_SocialSecurityMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_LaborMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_LaborMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_CivilMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_CivilMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_EnvironmentalMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_EnvironmentalMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>168
<FILENAME>R149.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026184622952">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details 2) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 39,305,776<span></span>
</td>
<td class="nump">R$ 35,790,635<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter1Member', window );">Assessment notice and imposition of fine (AIIM) / tax enforcement - income tax and social contribution - capital gain on sale of NAMISA's shares [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,694,021<span></span>
</td>
<td class="nump">12,412,964<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter2Member', window );">Assessment notice and imposition of fine (AIIM) - income tax and social contribution - disallowance of deductions of goodwill generated in the reverse incorporation of big jump by NAMISA [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,930,093<span></span>
</td>
<td class="nump">3,867,663<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter3Member', window );">Assessment notice and imposition of fine (AIIM) / tax enforcement - income tax and social contribution - disallowance of interest on prepayment arising from supply contracts of iron ore and port services [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,956,898<span></span>
</td>
<td class="nump">2,249,708<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter4Member', window );">Assessment notice and imposition of fine (AIIM) - income tax and social contribution due to profits from foreign subsidiaries for years 2008, 2010, 2011, 2012 and 2014 [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,461,574<span></span>
</td>
<td class="nump">2,946,288<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter5Member', window );">Tax foreclosures - ICMS - electricity credits [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">841,401<span></span>
</td>
<td class="nump">1,022,371<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter7Member', window );">Offset of taxes that were not approved by the federal revenue service - IRPJ/CSLL, PIS/COFINS and IPI [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,845,379<span></span>
</td>
<td class="nump">1,100,564<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter8Member', window );">Disallowance of the ICMS credits - transfer of iron ore [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">624,645<span></span>
</td>
<td class="nump">567,534<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter10Member', window );">ICMS - refers to the transfer of imported raw material at an amount lower than the price disclosed in the import documentation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">317,848<span></span>
</td>
<td class="nump">310,349<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter11Member', window );">Disallowance of the tax loss and negative basis of social contribution arising from the adjustments in the SAPLI [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">583,478<span></span>
</td>
<td class="nump">538,268<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter13Member', window );">Assessment notice- IRRF- capital gain of CFM vendors located abroad [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">260,326<span></span>
</td>
<td class="nump">254,850<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter14Member', window );">CFEM - difference of understanding between CSN and DNPM on the calculation basis [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,051,661<span></span>
</td>
<td class="nump">1,020,266<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter15Member', window );">Assessment notice- ICMS- questions about sales for incentive area [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,111,034<span></span>
</td>
<td class="nump">1,015,812<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter21Member', window );">Other tax lawsuits (federal, state, and municipal) [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,886,976<span></span>
</td>
<td class="nump">4,478,014<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter16Member', window );">Social security lawsuits [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">233,116<span></span>
</td>
<td class="nump">325,492<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter25Member', window );">Action to discuss the balance of the construction contract - tebas [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">487,124<span></span>
</td>
<td class="nump">468,776<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter26Member', window );">Action related to power supply payment's charge - light [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">288,390<span></span>
</td>
<td class="nump">253,569<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter27Member', window );">Indemnity action due to the supply contract termination - Indumill [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">237,795<span></span>
</td>
<td class="nump">215,281<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter17Member', window );">Enforcement action applied by brazilian antitrust authorities (CADE) [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">95,833<span></span>
</td>
<td class="nump">93,212<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter18Member', window );">Other civil lawsuits [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">777,850<span></span>
</td>
<td class="nump">764,127<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter19Member', window );">Labor and social security lawsuits [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,506,626<span></span>
</td>
<td class="nump">1,565,237<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter30Member', window );">Assessment notice and imposition of fine (AIIM) - charge of IRRF-RFB - business combination (year 2015) between namisa, congonhas minerios (current CSN mineracao) and consortium [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">862,324<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter32Member', window );">Assessment notice and imposition of fine (AIIM) - RFB - disallowance of credits PIS/COFINS of inputs and freight [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,082,517<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter20Member', window );">Other environmental lawsuits [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">257,965<span></span>
</td>
<td class="nump">215,691<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter28Member', window );">Civil public action - districts / school / nursery relocation-CdP dam [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">12,207<span></span>
</td>
<td class="nump">20,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter23Member', window );">Tax foreclosures - fine - volta redonda iv [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">94,304<span></span>
</td>
<td class="nump">84,599<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter29Member', window );">ACP landfill marcia [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">306,389<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter31Member', window );">Assessment notice and imposition of fine (AIIM) - SEFAZ/RJ - ICMS on purchases of intermediate products [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LegalProceedingsProvision', window );">Legal matters with possible risk of loss</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">R$ 498,002<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">In May 2019, the State Prosecutor's Office of the State of Minas Gerais filed an ACP order to compel CSN Mineracao SA to adopt mitigating measures regarding the psychological risks and losses allegedly generated by the Casa de Pedra Dam, reallocating residents, who so wish, with rents and social assistance, as well as relocating children who attended a new daycare and school that were closed, rebuilding new daycare and school in a safe place. In a preliminary injunction, the 1st Instance Magistrate ordered the blocking of three million reais for the construction of the day care center and school, a decision suspended by the 2nd Instance Court. The State Public Prosecutor of the State of Minas Gerais also pleaded for the payment of moral damages collective actions, as well as for the permanent reallocation of people, at the expense of CSN Mineracao SA The lawsuit is in its initial phase and there is still no judicial sentence related to the case.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">On April 8, 2013, INEA applied a fine of R$35 million to CSN in relation to aspects involving the Volta Grande IV condominium, determining that the actions already considered and discussed in the public civil action filed in July 2012. In relation to the application of this fine, an annulment action was filed, distributed, in January 2014, to the 10th Civil Court of the State of Rio de Janeiro, aiming at the annulment of the fine and its effects. In parallel, INEA filed a tax enforcement action, with an adjusted amount of R$42 million, in order to enforce the amount of the fine imposed. The Tax Foreclosure action mentioned was distributed in May 2014 to the 4th Registry of Active Debt of Volta Redonda, in the State of Rio de Janeiro. Currently, these actions are suspended until the conclusion of the investigation to be carried out in the Environmental Public Civil Action of the Condominium Volta Grande IV, whose merit discusses possible contamination of the site.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">This is an Environmental Public Civil Action, proposed by the MPF, with a claim for indemnity for collective moral damages and material damages, for allegedly irregular deposit of steel residues, in addition to being set aside for non-compliance with the injunction.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">Infraction Notice (AIIM) drawn up by SEFAZ / RJ for ICMS and Fine requirement for the alleged improper use of ICMS credit for the period 2015 to 2020 resulting from the acquisition of intermediate products used in the UPV (refractories, belts, cylinders, chemical agents, etc.), which were classified by the Inspection as of use / consumption and without the right to credit.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LegalProceedingsProvision">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of provision for legal proceedings. [Refer: Other provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2020-01-01<br> -Section Example 10 A court case<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2020-en-r&amp;doctype=Illustrative%20Examples&amp;dita_xref=IAS37_IE_C_ex10_TI<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 37<br> -IssueDate 2020-01-01<br> -Paragraph 87<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=37&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_87&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LegalProceedingsProvision</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter2Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter2Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter3Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter3Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter4Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter4Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter5Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter5Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter7Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter7Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter8Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter8Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter10Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter10Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter11Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter11Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter13Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter13Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter14Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter14Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter15Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter15Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter21Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter21Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter16Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter16Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter25Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter25Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter26Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter26Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter27Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter27Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter17Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter17Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter18Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter18Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter19Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter19Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter30Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter30Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter32Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter32Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter20Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter20Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter28Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter28Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter23Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter23Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter29Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter29Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter31Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfProvisionsAxis=sid_MainLegalMatter31Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>169
<FILENAME>R150.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026194958168">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details Narrative) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="2">1 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 27, 2018</div></th>
<th class="th"><div>Aug. 27, 2017</div></th>
<th class="th"><div>Apr. 08, 2013</div></th>
<th class="th"><div>May 31, 2014</div></th>
<th class="th"><div>Jan. 31, 2014</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeFromFinesAndPenalties', window );">Penalty fee</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 25,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_UpdatedAmount', window );">Updated amount</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 4,542,786<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=sid_MunicipalityOfVoltaRedondaMember', window );">Municipality of volta redonda [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeFromFinesAndPenalties', window );">Penalty fee</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 35,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_MVRMember', window );">MVR [member] | New agreement [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionalInvestment', window );">Additional investment</a></td>
<td class="nump">R$ 21,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfAllocatedToServicesOfEnvironmentalInterest', window );">Percentage of allocated to services of environmental interest</a></td>
<td class="nump">30.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ActualDisbursement', window );">Actual disbursement</a></td>
<td class="nump">R$ 25,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_INEAMember', window );">INEA [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems', window );"><strong>ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IncomeFromFinesAndPenalties', window );">Penalty fee</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 42,000<span></span>
</td>
<td class="nump">R$ 35,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IncomeFromFinesAndPenalties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income arising from fines and penalties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IncomeFromFinesAndPenalties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ActualDisbursement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of actual disbursement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ActualDisbursement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdditionalInvestment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of additional investment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdditionalInvestment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PercentageOfAllocatedToServicesOfEnvironmentalInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the percentage of allocated to services of environmental interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PercentageOfAllocatedToServicesOfEnvironmentalInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_UpdatedAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to updated amount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_UpdatedAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=sid_MunicipalityOfVoltaRedondaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=sid_MunicipalityOfVoltaRedondaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_MVRMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_MVRMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfContractsAxis=sid_NewAgreementMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfContractsAxis=sid_NewAgreementMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_INEAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_INEAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>170
<FILENAME>R151.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026193439880">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems', window );"><strong>ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherLongtermProvisions', window );">Provision for environmental liabilities and decommissioning of assets</a></td>
<td class="nump">R$ 803,835<span></span>
</td>
<td class="nump">R$ 524,001<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_EnvironmentalLiabilitiesMember', window );">Environmental liabilities [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems', window );"><strong>ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherLongtermProvisions', window );">Provision for environmental liabilities and decommissioning of assets</a></td>
<td class="nump">192,830<span></span>
</td>
<td class="nump">192,270<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_AssetRetirementObligationsMember', window );">Asset retirement obligations [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems', window );"><strong>ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherLongtermProvisions', window );">Provision for environmental liabilities and decommissioning of assets</a></td>
<td class="nump">R$ 611,005<span></span>
</td>
<td class="nump">R$ 331,731<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherLongtermProvisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of non-current provisions other than provisions for employee benefits. [Refer: Non-current provisions]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherLongtermProvisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_EnvironmentalLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_EnvironmentalLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_AssetRetirementObligationsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_AssetRetirementObligationsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>171
<FILENAME>R152.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186491288">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Details Narrative)<br> R$ in Thousands</strong></div></th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_MiningMember', window );">Mining [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems', window );"><strong>ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Provisions', window );">Provision for deactivating assets</a></td>
<td class="nump">R$ 279,000<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Provisions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities of uncertain timing or amount.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 54<br> -Subparagraph l<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_54_l&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Provisions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProvisionForEnvironmentalLiabitiesAndAssetRetiremmentObligationsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_MiningMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IndividualAssetsOrCashgeneratingUnitsWithSignificantAmountOfGoodwillOrIntangibleAssetsWithIndefiniteUsefulLivesAxis=sid_MiningMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>172
<FILENAME>R153.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026178985144">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 23,386,194<span></span>
</td>
<td class="nump">R$ 12,725,805<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">39,615,955<span></span>
</td>
<td class="nump">38,143,471<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">TOTAL ASSETS</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">63,002,149<span></span>
</td>
<td class="nump">50,869,276<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">14,725,696<span></span>
</td>
<td class="nump">11,619,957<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">37,024,948<span></span>
</td>
<td class="nump">27,887,387<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">344,488<span></span>
</td>
<td class="nump">419,894<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_TradePayablesMember', window );">Trade payables [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">116,401<span></span>
</td>
<td class="nump">240,984<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_OtherAccountsPayableMember', window );">Accounts payable [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">25,992<span></span>
</td>
<td class="nump">23,566<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">78,083<span></span>
</td>
<td class="nump">88,021<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_OtherProvisionForConsumptionAndServicesMember', window );">Other Provision for Consumption and Services [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">44,466<span></span>
</td>
<td class="nump">22,497<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_ActuarialLiabilitiesMember', window );">Actuarial liability [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">79,546<span></span>
</td>
<td class="nump">19,788<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_JointVenturesEJointOperationMember', window );">Joint-ventures e joint operation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">42,509<span></span>
</td>
<td class="nump">45,351<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,626,695<span></span>
</td>
<td class="nump">1,273,098<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">TOTAL ASSETS</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,669,204<span></span>
</td>
<td class="nump">1,318,449<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">174,967<span></span>
</td>
<td class="nump">144,559<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">78,083<span></span>
</td>
<td class="nump">88,021<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">253,050<span></span>
</td>
<td class="nump">232,580<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_JointVenturesEJointOperationMember', window );">Joint-ventures e joint operation [member] | Trade payables [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">106,946<span></span>
</td>
<td class="nump">98,496<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_JointVenturesEJointOperationMember', window );">Joint-ventures e joint operation [member] | Accounts payable [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">23,555<span></span>
</td>
<td class="nump">23,566<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">78,083<span></span>
</td>
<td class="nump">88,021<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_JointVenturesEJointOperationMember', window );">Joint-ventures e joint operation [member] | Other Provision for Consumption and Services [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">44,466<span></span>
</td>
<td class="nump">22,497<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember', window );">Subsidiaries and associates [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,686<span></span>
</td>
<td class="nump">39,435<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">3,375<span></span>
</td>
<td class="nump">1,874<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">TOTAL ASSETS</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11,061<span></span>
</td>
<td class="nump">41,309<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_OtherRelatedPartiesMember', window );">Other related parties [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,878,914<span></span>
</td>
<td class="nump">2,248,746<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">137,228<span></span>
</td>
<td class="nump">109,433<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Assets', window );">TOTAL ASSETS</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,016,142<span></span>
</td>
<td class="nump">2,358,179<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">11,892<span></span>
</td>
<td class="nump">167,526<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">79,546<span></span>
</td>
<td class="nump">19,788<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Liabilities', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">91,438<span></span>
</td>
<td class="nump">187,314<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_OtherRelatedPartiesMember', window );">Other related parties [member] | Trade payables [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9,455<span></span>
</td>
<td class="nump">142,488<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_OtherRelatedPartiesMember', window );">Other related parties [member] | Accounts payable [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,437<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_OtherRelatedPartiesMember', window );">Other related parties [member] | Actuarial liability [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentLiabilities', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">79,546<span></span>
</td>
<td class="nump">19,788<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_OtherNonCurrentAssetMember', window );">Other non-current assets [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">664,020<span></span>
</td>
<td class="nump">428,672<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_OtherNonCurrentAssetMember', window );">Other non-current assets [member] | Joint-ventures e joint operation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">664,020<span></span>
</td>
<td class="nump">428,672<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_LoanMember', window );">Loans [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">966,050<span></span>
</td>
<td class="nump">846,300<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_LoanMember', window );">Loans [member] | Joint-ventures e joint operation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">962,675<span></span>
</td>
<td class="nump">844,426<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_LoanMember', window );">Loans [member] | Subsidiaries and associates [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,375<span></span>
</td>
<td class="nump">1,874<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_FinancialInvestmentsMember', window );">Financial investments [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">3,763,603<span></span>
</td>
<td class="nump">2,116,560<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">123,409<span></span>
</td>
<td class="nump">95,719<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_FinancialInvestmentsMember', window );">Financial investments [member] | Other related parties [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">3,763,603<span></span>
</td>
<td class="nump">2,116,560<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="nump">123,409<span></span>
</td>
<td class="nump">95,719<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_DividendsReceivableMember', window );">Dividends receivables [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">38,088<span></span>
</td>
<td class="nump">44,554<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_DividendsReceivableMember', window );">Dividends receivables [member] | Joint-ventures e joint operation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="nump">38,088<span></span>
</td>
<td class="nump">44,554<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">121,176<span></span>
</td>
<td class="nump">170,588<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member] | Joint-ventures e joint operation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">8<span></span>
</td>
<td class="nump">797<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member] | Subsidiaries and associates [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">7,686<span></span>
</td>
<td class="nump">39,435<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember', window );">Trade receivables [member] | Other related parties [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="nump">113,482<span></span>
</td>
<td class="nump">130,356<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_OtherCurrentAssetMember', window );">Other current assets [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">6,242<span></span>
</td>
<td class="nump">1,830<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_OtherCurrentAssetMember', window );">Other current assets [member] | Joint-ventures e joint operation [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,413<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_OtherCurrentAssetMember', window );">Other current assets [member] | Other related parties [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentAssets', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,829<span></span>
</td>
<td class="nump">1,830<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_ActuarialAssetMember', window );">Actuarial asset [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">13,819<span></span>
</td>
<td class="nump">13,714<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_ActuarialAssetMember', window );">Actuarial asset [member] | Other related parties [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsAbstract', window );"><strong>Assets</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NoncurrentAssets', window );">Non-current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 13,819<span></span>
</td>
<td class="nump">13,714<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_IntercompanyLoansMember', window );">Intercompany loans [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">25,038<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_IntercompanyLoansMember', window );">Intercompany loans [member] | Other related parties [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilitiesAbstract', window );"><strong>Liabilities</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentLiabilities', window );">Current</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 25,038<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Loans (Assets): refers mainly to loan agreements with an average rate of 125.0% to 130.0% of the CDI with Transnordestina Logistica SA of R$962,675 (R$844,426 as of December 31, 2019).</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">Others (Assets): Advance for future capital increase with subsidiaries of R$664,020 with Transnordestina Logistica SA (R$428,672 on December 31, 2019).</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">Financial investments: Investments in Usiminas shares are R$3,305,109 (R$2,114,620 in December 2019) and cash and cash equivalents with Banco Fibra totaling R$458,494 in December 2020 (R$1,940 in December 2019) and no current amount R$123,409 (R$95,719 in December 2019) from Bonds with an average rate of 98% to 115% of the CDI in the consolidated and holds in the parent company through exclusive funds' investments in government bonds and CDBs in the amount of R$38,517 on December 31, 2020 (R$8,301 on December 31, 2019).</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">Dividends receivable from MRS Logistica of R$38,088 (R$44,554 as of December 31, 2019).</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top">Trades receivable mainly refers to operations of sales of steel products of the Parent Company to affiliates and companies joint venture and joint-operation.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Assets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a present economic resource controlled by the entity as a result of past events. Economic resource is a right that has the potential to produce economic benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Assets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AssetsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AssetsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that the entity (a) expects to realise or intends to sell or consume in its normal operating cycle; (b) holds primarily for the purpose of trading; (c) expects to realise within twelve months after the reporting period; or (d) classifies as cash or cash equivalents (as defined in IAS 7) unless the asset is restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period. [Refer: Assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_i&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that: (a) the entity expects to settle in its normal operating cycle; (b) the entity holds primarily for the purpose of trading; (c) are due to be settled within twelve months after the reporting period; or (d) the entity does not have an unconditional right to defer settlement for at least twelve months after the reporting period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_iii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Liabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of a present obligation of the entity to transfer an economic resource as a result of past events. Economic resource is a right that has the potential to produce economic benefits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 13<br> -IssueDate 2020-01-01<br> -Paragraph 93<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=13&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_93_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Liabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilitiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilitiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets that do not meet the definition of current assets. [Refer: Current assets]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 66<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_66&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_ii&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NoncurrentLiabilities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilities that do not meet the definition of current liabilities. [Refer: Current liabilities]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_iv&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 69<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_69&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NoncurrentLiabilities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_TradePayablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_TradePayablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_OtherAccountsPayableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_OtherAccountsPayableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_OtherProvisionForConsumptionAndServicesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_OtherProvisionForConsumptionAndServicesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfLiabilitiesAxis=sid_ActuarialLiabilitiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfLiabilitiesAxis=sid_ActuarialLiabilitiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_JointVenturesEJointOperationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=sid_JointVenturesEJointOperationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=sid_SubsidiariesJointVenturesAssociatesExclusiveFundsAndOtherRelatedPartieMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_OtherRelatedPartiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_OtherRelatedPartiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_OtherNonCurrentAssetMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_OtherNonCurrentAssetMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_LoanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_LoanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_FinancialInvestmentsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_FinancialInvestmentsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_DividendsReceivableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_DividendsReceivableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_OtherCurrentAssetMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_OtherCurrentAssetMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_ActuarialAssetMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_ActuarialAssetMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialAssetsAxis=sid_IntercompanyLoansMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialAssetsAxis=sid_IntercompanyLoansMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>173
<FILENAME>R154.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026184580488">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 1) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>P&amp;L</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoods', window );">Sales</a></td>
<td class="nump">R$ 1,674,235<span></span>
</td>
<td class="nump">R$ 1,122,834<span></span>
</td>
<td class="nump">R$ 1,278,751<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RawMaterialsAndConsumablesUsed', window );">Purchases</a></td>
<td class="num">(1,140,632)<span></span>
</td>
<td class="num">(1,958,958)<span></span>
</td>
<td class="num">(1,418,282)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialIncomeExpensesAbstract', window );"><strong>Financial income (expenses)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInterest', window );">Interest</a></td>
<td class="nump">37,516<span></span>
</td>
<td class="nump">64,289<span></span>
</td>
<td class="nump">48,796<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOfExchangeRateChanges', window );">Exchange rate variations, net</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,586<span></span>
</td>
<td class="nump">13,611<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Financial investments</a></td>
<td class="nump">1,190,489<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income and expenses</a></td>
<td class="num">(5,224,682)<span></span>
</td>
<td class="num">(4,631,236)<span></span>
</td>
<td class="nump">83,332<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="nump">4,292,618<span></span>
</td>
<td class="nump">2,244,511<span></span>
</td>
<td class="nump">5,200,583<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_JointVenturesJointOperationMember', window );">Joint-ventures e joint operation [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>P&amp;L</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoods', window );">Sales</a></td>
<td class="nump">843<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">414<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RawMaterialsAndConsumablesUsed', window );">Purchases</a></td>
<td class="num">(1,036,420)<span></span>
</td>
<td class="num">(1,133,142)<span></span>
</td>
<td class="num">(1,307,695)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialIncomeExpensesAbstract', window );"><strong>Financial income (expenses)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInterest', window );">Interest</a></td>
<td class="nump">19,095<span></span>
</td>
<td class="nump">43,790<span></span>
</td>
<td class="nump">33,911<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income and expenses</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(14,939)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="num">(1,016,482)<span></span>
</td>
<td class="num">(1,104,291)<span></span>
</td>
<td class="num">(1,273,369)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_SubsidiariesAndAssociateMember', window );">Subsidiaries and associates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>P&amp;L</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoods', window );">Sales</a></td>
<td class="nump">104,400<span></span>
</td>
<td class="nump">75,630<span></span>
</td>
<td class="nump">100,608<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RawMaterialsAndConsumablesUsed', window );">Purchases</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(231,140)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialIncomeExpensesAbstract', window );"><strong>Financial income (expenses)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInterest', window );">Interest</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">234<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="nump">104,400<span></span>
</td>
<td class="num">(155,510)<span></span>
</td>
<td class="nump">100,842<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_OtherRelatedPartiesMember', window );">Other related parties [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAbstract', window );"><strong>P&amp;L</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RevenueFromSaleOfGoods', window );">Sales</a></td>
<td class="nump">1,568,992<span></span>
</td>
<td class="nump">1,047,204<span></span>
</td>
<td class="nump">1,177,730<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RawMaterialsAndConsumablesUsed', window );">Purchases</a></td>
<td class="num">(104,212)<span></span>
</td>
<td class="num">(594,676)<span></span>
</td>
<td class="num">(110,587)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialIncomeExpensesAbstract', window );"><strong>Financial income (expenses)</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialInterest', window );">Interest</a></td>
<td class="nump">18,421<span></span>
</td>
<td class="nump">20,499<span></span>
</td>
<td class="nump">14,651<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOfExchangeRateChanges', window );">Exchange rate variations, net</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">3,586<span></span>
</td>
<td class="nump">13,611<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncomeCost', window );">Financial investments</a></td>
<td class="nump">1,190,489<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other operating income and expenses</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(136,004)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLoss', window );">Net income for the year</a></td>
<td class="nump">R$ 2,673,690<span></span>
</td>
<td class="nump">R$ 340,609<span></span>
</td>
<td class="nump">R$ 1,095,404<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncomeCost">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income or cost associated with interest and other financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncomeCost</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 18<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_18_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 24<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_24_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 32<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_32_a_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective on first application of IFRS 9<br> -Name IFRS<br> -Number 4<br> -IssueDate 2020-01-01<br> -Paragraph 39L<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=4&amp;code=ifrs-tx-2020-en-b&amp;anchor=para_39L_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 8: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_106_d_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 9: http://www.xbrl.org/2003/role/exampleRef<br> -Note Effective 2021-01-01<br> -Name IFRS<br> -Number 17<br> -IssueDate 2020-01-01<br> -Paragraph 113<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=17&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_113_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 81A<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81A_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RawMaterialsAndConsumablesUsed">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of raw materials and consumables used in the production process or in the rendering of services. [Refer: Current raw materials]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RawMaterialsAndConsumablesUsed</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RevenueFromSaleOfGoods">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue arising from the sale of goods. [Refer: Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RevenueFromSaleOfGoods</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_EffectOfExchangeRateChanges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The effect of exchange rate changes on cash and cash equivalents held or due in a foreign currency.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_EffectOfExchangeRateChanges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FinancialIncomeExpensesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FinancialIncomeExpensesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FinancialInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FinancialInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_JointVenturesJointOperationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=sid_JointVenturesJointOperationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=sid_SubsidiariesAndAssociateMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=sid_SubsidiariesAndAssociateMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_OtherRelatedPartiesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_OtherRelatedPartiesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>174
<FILENAME>R155.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026193708584">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 2) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract', window );"><strong>Disclosure of transactions between related parties [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits', window );">Short-term benefits for employees and officers</a></td>
<td class="nump">R$ 40,522<span></span>
</td>
<td class="nump">R$ 37,452<span></span>
</td>
<td class="nump">R$ 32,848<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits', window );">Post-employment benefits</a></td>
<td class="nump">111<span></span>
</td>
<td class="nump">109<span></span>
</td>
<td class="nump">105<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_KeyManagementPersonnelCompensation', window );">Key management personnel compensation</a></td>
<td class="nump">R$ 40,633<span></span>
</td>
<td class="nump">R$ 37,561<span></span>
</td>
<td class="nump">R$ 32,953<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_KeyManagementPersonnelCompensation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of compensation to key management personnel. [Refer: Key management personnel of entity or parent [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2020-01-01<br> -Paragraph 17<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_17&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_KeyManagementPersonnelCompensation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of compensation to key management personnel in the form of post-employment benefits. [Refer: Key management personnel of entity or parent [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2020-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_17_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_KeyManagementPersonnelCompensationPostemploymentBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of compensation to key management personnel in the form of short-term employee benefits. [Refer: Key management personnel of entity or parent [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 24<br> -IssueDate 2020-01-01<br> -Paragraph 17<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=24&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_17_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_KeyManagementPersonnelCompensationShorttermEmployeeBenefits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>175
<FILENAME>R156.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026182039096">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 3) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsRelaetdParty', window );">Borrowings</a></td>
<td class="nump">R$ 23,205,332<span></span>
</td>
<td class="nump">R$ 15,695,779<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxForeclosure', window );">Tax foreclosure</a></td>
<td class="nump">35,692<span></span>
</td>
<td class="nump">41,004<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersGuarantees', window );">Others</a></td>
<td class="nump">5,462<span></span>
</td>
<td class="nump">10,857<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TotalGuarantees', window );">Total</a></td>
<td class="nump">23,246,486<span></span>
</td>
<td class="nump">15,747,640<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TypeOfFunctionalCurrencyAxis=sid_LocalCurrencyMember', window );">Local currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsRelaetdParty', window );">Borrowings</a></td>
<td class="nump">19,877,378<span></span>
</td>
<td class="nump">12,033,973<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxForeclosure', window );">Tax foreclosure</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersGuarantees', window );">Others</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TotalGuarantees', window );">Total</a></td>
<td class="nump">19,877,378<span></span>
</td>
<td class="nump">12,033,973<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis=ifrs-full_GuaranteesMember', window );">Guarantees [member] | Foreign currency [member] | Euro [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsRelaetdParty', window );">Borrowings</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">24,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TotalGuarantees', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">24,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis=ifrs-full_GuaranteesMember', window );">Guarantees [member] | Foreign currency [member] | Euro [member] | CSN steel s.l. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsRelaetdParty', window );">Borrowings</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">24,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TotalGuarantees', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">24,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis=ifrs-full_GuaranteesMember', window );">Guarantees [member] | Foreign currency [member] | USD</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsRelaetdParty', window );">Borrowings</a></td>
<td class="nump">3,825,000<span></span>
</td>
<td class="nump">2,958,603<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxForeclosure', window );">Tax foreclosure</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersGuarantees', window );">Others</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TotalGuarantees', window );">Total</a></td>
<td class="nump">R$ 3,825,000<span></span>
</td>
<td class="nump">2,958,603<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis=ifrs-full_GuaranteesMember', window );">Guarantees [member] | Foreign currency [member] | USD | CSN islands XII [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Maturities</a></td>
<td class="text">Perpetual<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsRelaetdParty', window );">Borrowings</a></td>
<td class="nump">R$ 1,000,000<span></span>
</td>
<td class="nump">1,000,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxForeclosure', window );">Tax foreclosure</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersGuarantees', window );">Others</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TotalGuarantees', window );">Total</a></td>
<td class="nump">R$ 1,000,000<span></span>
</td>
<td class="nump">1,000,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis=ifrs-full_GuaranteesMember', window );">Guarantees [member] | Foreign currency [member] | USD | CSN resources [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Maturities</a></td>
<td class="text">Up to 04/17/2026<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsRelaetdParty', window );">Borrowings</a></td>
<td class="nump">R$ 1,525,000<span></span>
</td>
<td class="nump">1,958,603<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxForeclosure', window );">Tax foreclosure</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersGuarantees', window );">Others</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TotalGuarantees', window );">Total</a></td>
<td class="nump">R$ 1,525,000<span></span>
</td>
<td class="nump">1,958,603<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis=ifrs-full_GuaranteesMember', window );">Guarantees [member] | Foreign currency [member] | USD | CSN inova ventures [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Maturities</a></td>
<td class="text">1/28/2028<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsRelaetdParty', window );">Borrowings</a></td>
<td class="nump">R$ 1,300,000<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TotalGuarantees', window );">Total</a></td>
<td class="nump">1,300,000<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis=ifrs-full_GuaranteesMember', window );">Guarantees [member] | Local currency [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsRelaetdParty', window );">Borrowings</a></td>
<td class="nump">3,327,954<span></span>
</td>
<td class="nump">3,661,806<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxForeclosure', window );">Tax foreclosure</a></td>
<td class="nump">35,692<span></span>
</td>
<td class="nump">41,004<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersGuarantees', window );">Others</a></td>
<td class="nump">5,462<span></span>
</td>
<td class="nump">10,857<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TotalGuarantees', window );">Total</a></td>
<td class="nump">R$ 3,369,108<span></span>
</td>
<td class="nump">3,713,667<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis=ifrs-full_GuaranteesMember', window );">Guarantees [member] | Local currency [member] | Transnordestina logistica s.a [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Maturities</a></td>
<td class="text">Up to 09/19/2056 and Indefinite<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsRelaetdParty', window );">Borrowings</a></td>
<td class="nump">R$ 2,478,105<span></span>
</td>
<td class="nump">2,428,194<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxForeclosure', window );">Tax foreclosure</a></td>
<td class="nump">35,496<span></span>
</td>
<td class="nump">37,406<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersGuarantees', window );">Others</a></td>
<td class="nump">3,298<span></span>
</td>
<td class="nump">8,702<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TotalGuarantees', window );">Total</a></td>
<td class="nump">R$ 2,516,899<span></span>
</td>
<td class="nump">2,474,302<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis=ifrs-full_GuaranteesMember', window );">Guarantees [member] | Local currency [member] | FTL - ferrovia transnordestina [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Maturities</a></td>
<td class="text">Up to 04/01/2021<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsRelaetdParty', window );">Borrowings</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">43,118<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxForeclosure', window );">Tax foreclosure</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersGuarantees', window );">Others</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TotalGuarantees', window );">Total</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">43,118<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis=ifrs-full_GuaranteesMember', window );">Guarantees [member] | Local currency [member] | Cia metalurgica prada [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Maturities</a></td>
<td class="text">Indefinite<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxForeclosure', window );">Tax foreclosure</a></td>
<td class="nump">R$ 196<span></span>
</td>
<td class="nump">457<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersGuarantees', window );">Others</a></td>
<td class="nump">244<span></span>
</td>
<td class="nump">235<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TotalGuarantees', window );">Total</a></td>
<td class="nump">R$ 440<span></span>
</td>
<td class="nump">692<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis=ifrs-full_GuaranteesMember', window );">Guarantees [member] | Local currency [member] | CSN energia [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Maturities</a></td>
<td class="text">Up to 11/26/2023 and indefinite<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxForeclosure', window );">Tax foreclosure</a></td>
<td class="text"> <span></span>
</td>
<td class="nump">3,141<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersGuarantees', window );">Others</a></td>
<td class="nump">1,920<span></span>
</td>
<td class="nump">1,920<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TotalGuarantees', window );">Total</a></td>
<td class="nump">R$ 1,920<span></span>
</td>
<td class="nump">5,061<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis=ifrs-full_GuaranteesMember', window );">Guarantees [member] | Local currency [member] | CSN mineracao [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Maturities</a></td>
<td class="text">Up to 12/21/2024<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsRelaetdParty', window );">Borrowings</a></td>
<td class="nump">R$ 846,749<span></span>
</td>
<td class="nump">1,184,048<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxForeclosure', window );">Tax foreclosure</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersGuarantees', window );">Others</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TotalGuarantees', window );">Total</a></td>
<td class="nump">R$ 846,749<span></span>
</td>
<td class="nump">1,184,048<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis=ifrs-full_GuaranteesMember', window );">Guarantees [member] | Local currency [member] | Estanho de rondonia [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Maturities</a></td>
<td class="text">7/15/2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsRelaetdParty', window );">Borrowings</a></td>
<td class="nump">R$ 1,154<span></span>
</td>
<td class="nump">1,902<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TotalGuarantees', window );">Total</a></td>
<td class="nump">R$ 1,154<span></span>
</td>
<td class="nump">1,902<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis=ifrs-full_GuaranteesMember', window );">Guarantees [member] | Local currency [member] | Minerios nacional s.a. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Maturities</a></td>
<td class="text">Up to 09/10/2021<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsRelaetdParty', window );">Borrowings</a></td>
<td class="nump">R$ 1,946<span></span>
</td>
<td class="nump">4,544<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxForeclosure', window );">Tax foreclosure</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersGuarantees', window );">Others</a></td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TotalGuarantees', window );">Total</a></td>
<td class="nump">R$ 1,946<span></span>
</td>
<td class="nump">R$ 4,544<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsMaturity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maturity of borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsMaturity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BorrowingsRelaetdParty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to borrowings relaetd party.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BorrowingsRelaetdParty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OthersGuarantees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to others guarantees.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OthersGuarantees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TaxForeclosure">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to tax foreclosure.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TaxForeclosure</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TotalGuarantees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to total guarantees.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TotalGuarantees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TypeOfFunctionalCurrencyAxis=sid_LocalCurrencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TypeOfFunctionalCurrencyAxis=sid_LocalCurrencyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis=ifrs-full_GuaranteesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContinuingInvolvementInDerecognisedFinancialAssetsByTypeOfInstrumentAxis=ifrs-full_GuaranteesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TypeOfFunctionalCurrencyAxis=sid_ForeignCurrencyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TypeOfFunctionalCurrencyAxis=sid_ForeignCurrencyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_EUR">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_EUR</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_CSNSteelSLMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_CSNSteelSLMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_USD">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_USD</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_CSNIslandsXIIMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_CSNIslandsXIIMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_CSNResourcesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_CSNResourcesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_CSNInovaVenturesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_CSNInovaVenturesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_TransnordestinaLogisticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_TransnordestinaLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_FTLFerroviaTransnordestinaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_FTLFerroviaTransnordestinaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_CiaMetalurgicaPradaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_CiaMetalurgicaPradaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_CSNEnergiaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_CSNEnergiaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_CSNMineracaoMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_CSNMineracaoMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_EstanhoDeRondoniaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_EstanhoDeRondoniaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_MineriosNacionalSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_MineriosNacionalSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>176
<FILENAME>R157.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026184538392">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details Narrative) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfFinancialInvestment', window );">Description of financial investment</a></td>
<td class="text">Investments in Usiminas shares are R$3,305,109 (R$2,114,620 in December 2019) and cash and cash equivalents with Banco Fibra totaling R$458,494 in December 2020 (R$1,940 in December 2019) and no current amount R$123,409 (R$95,719 in December 2019) from Bonds with an average rate of 98% to 115% of the CDI in the consolidated and holds in the parent company through exclusive funds&#8217; investments in government bonds and CDBs in the amount of R$38,517 on December 31, 2020 (R$8,301 on December 31, 2019).<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_VicunhaSiderurgiaSAMember', window );">Vicunha siderurgia s.a. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfVotingRightsHeldInJointVenture', window );">Voting rights</a></td>
<td class="nump">49.24%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_RioIacoParticipacoesSAMember', window );">Rio laco participacoes s.a [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfVotingRightsHeldInJointVenture', window );">Voting rights</a></td>
<td class="nump">4.22%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DistributionOfMandatoryMinimumDividend', window );">Distribution of mandatory minimum dividend</a></td>
<td class="nump">R$ 37,997<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_TransnordestinaLogisticaSAMember', window );">Transnordestina logistica s.a [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NotionalAmount', window );">Loan amount</a></td>
<td class="nump">962,675<span></span>
</td>
<td class="nump">R$ 844,426<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdvanceForFutureCapitalIncreases', window );">Advance for future capital increase</a></td>
<td class="nump">R$ 664,020<span></span>
</td>
<td class="nump">428,672<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_TransnordestinaLogisticaSAMember', window );">Transnordestina logistica s.a [member] | Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Loan interest rate</a></td>
<td class="nump">125.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_TransnordestinaLogisticaSAMember', window );">Transnordestina logistica s.a [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsInterestRate', window );">Loan interest rate</a></td>
<td class="nump">130.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_JointOperationsAxis=sid_MRSLogisticaMember', window );">MRS logistica [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendPayables', window );">Dividend</a></td>
<td class="nump">R$ 38,088<span></span>
</td>
<td class="nump">R$ 44,554<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CategoriesOfOtherRelatedPartiesAxis=sid_VicunhaAcosSAMember', window );">Vicunha acos s.a [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DistributionOfMandatoryMinimumDividend', window );">Distribution of mandatory minimum dividend</a></td>
<td class="nump">443,694<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CategoriesOfOtherRelatedPartiesAxis=sid_VicunhaAcosSAMember', window );">Vicunha acos s.a [member] | Bottom of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendPayables', window );">Dividend</a></td>
<td class="nump">R$ 204,574<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CategoriesOfOtherRelatedPartiesAxis=sid_VicunhaAcosSAMember', window );">Vicunha acos s.a [member] | Vicunha steel s.a. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfVotingRightsHeldInJointVenture', window );">Voting rights</a></td>
<td class="nump">67.93%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CategoriesOfOtherRelatedPartiesAxis=sid_VicunhaAcosSAMember', window );">Vicunha acos s.a [member] | CFL participacoes s.a [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfVotingRightsHeldInJointVenture', window );">Voting rights</a></td>
<td class="nump">12.82%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CategoriesOfOtherRelatedPartiesAxis=sid_VicunhaAcosSAMember', window );">Vicunha acos s.a [member] | Vicunha steel s.a. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfVotingRightsHeldInJointVenture', window );">Voting rights</a></td>
<td class="nump">40.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CategoriesOfOtherRelatedPartiesAxis=sid_RioPurusParticipacoesSAMember', window );">Rio purus participacoes s.a. [member] | CFL participacoes s.a [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfVotingRightsHeldInJointVenture', window );">Voting rights</a></td>
<td class="nump">19.25%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CategoriesOfOtherRelatedPartiesAxis=sid_RioPurusParticipacoesSAMember', window );">Rio purus participacoes s.a. [member] | Vicunha steel s.a. [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems', window );"><strong>Disclosure of transactions between related parties [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProportionOfVotingRightsHeldInJointVenture', window );">Voting rights</a></td>
<td class="nump">60.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsInterestRate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The interest rate on borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsInterestRate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendPayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends that the company has declared but not yet paid.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendPayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NotionalAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal or face amount of a financial instrument, used to calculate payments made on that instrument.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NotionalAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProportionOfVotingRightsHeldInJointVenture">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The proportion of the voting rights in a joint venture held by the entity. [Refer: Joint ventures [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2020-01-01<br> -Paragraph 17<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_17_b_iii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 27<br> -IssueDate 2020-01-01<br> -Paragraph 16<br> -Subparagraph b<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=27&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_16_b_iii&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph 21<br> -Subparagraph a<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_21_a_iv&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProportionOfVotingRightsHeldInJointVenture</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdvanceForFutureCapitalIncreases">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Advance for future capital increase.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdvanceForFutureCapitalIncreases</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DescriptionOfFinancialInvestment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Description of financial investment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DescriptionOfFinancialInvestment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DistributionOfMandatoryMinimumDividend">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the distribution of mandatory minimum dividend.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DistributionOfMandatoryMinimumDividend</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_VicunhaSiderurgiaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_VicunhaSiderurgiaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_RioIacoParticipacoesSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_RioIacoParticipacoesSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_TransnordestinaLogisticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_TransnordestinaLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_MRSLogisticaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_MRSLogisticaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CategoriesOfOtherRelatedPartiesAxis=sid_VicunhaAcosSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CategoriesOfOtherRelatedPartiesAxis=sid_VicunhaAcosSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_VicunhaSteelSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_VicunhaSteelSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_CFLParticipacoesSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_CFLParticipacoesSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_JointOperationsAxis=sid_VicunhaSteelSA1Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_JointOperationsAxis=sid_VicunhaSteelSA1Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CategoriesOfOtherRelatedPartiesAxis=sid_RioPurusParticipacoesSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CategoriesOfOtherRelatedPartiesAxis=sid_RioPurusParticipacoesSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>177
<FILENAME>R158.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026190823656">
<tr>
<th class="tl" colspan="2" rowspan="1"><div style="width: 200px;"><strong>23. SHAREHOLDERS' EQUITY (Details) - shares<br></strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of common shares outstanding</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,387,524,047<span></span>
</td>
<td class="nump">1,387,524,047<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfShares', window );">Percent of total shares</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=sid_USIM3Member', window );">Outstanding shares [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of common shares outstanding</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,380,114,547<span></span>
</td>
<td class="nump">1,380,114,547<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfShares', window );">Percent of total shares</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">99.47%<span></span>
</td>
<td class="nump">99.47%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PercentageOfVotingEquityInterestsAcquired', window );">Percent of voting capital</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_TreasurySharesMember', window );">Treasury shares [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of common shares outstanding</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,409,500<span></span>
</td>
<td class="nump">7,409,500<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfShares', window );">Percent of total shares</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">0.53%<span></span>
</td>
<td class="nump">0.53%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=sid_VicunhaAcosSAMember', window );">Vicunha acos s.a [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of common shares outstanding</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">679,522,254<span></span>
</td>
<td class="nump">679,522,254<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfShares', window );">Percent of total shares</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">48.97%<span></span>
</td>
<td class="nump">48.97%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PercentageOfVotingEquityInterestsAcquired', window );">Percent of voting capital</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">49.24%<span></span>
</td>
<td class="nump">49.24%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=sid_RioLacoParticipacoesSAMember', window );">Rio laco participacoes s.a. [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of common shares outstanding</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">58,193,503<span></span>
</td>
<td class="nump">58,193,503<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfShares', window );">Percent of total shares</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">4.19%<span></span>
</td>
<td class="nump">4.19%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PercentageOfVotingEquityInterestsAcquired', window );">Percent of voting capital</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">4.22%<span></span>
</td>
<td class="nump">4.22%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=sid_NyseAdrsMember', window );">NYSE (ADRs) [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of common shares outstanding</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">248,763,533<span></span>
</td>
<td class="nump">262,206,103<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfShares', window );">Percent of total shares</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">17.93%<span></span>
</td>
<td class="nump">18.90%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PercentageOfVotingEquityInterestsAcquired', window );">Percent of voting capital</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">18.02%<span></span>
</td>
<td class="nump">19.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=sid_OtherOneMember', window );">Other shareholders [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesOutstanding', window );">Number of common shares outstanding</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">393,635,257<span></span>
</td>
<td class="nump">380,192,687<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfShares', window );">Percent of total shares</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">28.37%<span></span>
</td>
<td class="nump">27.40%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PercentageOfVotingEquityInterestsAcquired', window );">Percent of voting capital</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">28.52%<span></span>
</td>
<td class="nump">27.55%<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">Controlling group companies.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfClassesOfShareCapitalLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfSharesOutstanding">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares that have been authorised and issued, reduced by treasury shares held. [Refer: Treasury shares]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_79_a_iv&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfSharesOutstanding</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PercentageOfVotingEquityInterestsAcquired">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of voting equity interests acquired in a business combination. [Refer: Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2020-01-01<br> -Paragraph B64<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B64_c&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PercentageOfVotingEquityInterestsAcquired</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PercentageOfShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information about percentage of shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PercentageOfShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=sid_USIM3Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=sid_USIM3Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_TreasurySharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ifrs-full_TreasurySharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=sid_VicunhaAcosSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=sid_VicunhaAcosSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=sid_RioLacoParticipacoesSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=sid_RioLacoParticipacoesSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=sid_NyseAdrsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=sid_NyseAdrsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=sid_OtherOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=sid_OtherOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>178
<FILENAME>R159.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026194965032">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>23. SHAREHOLDERS' EQUITY (Details 1)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$) </div>
<div>R$ / shares </div>
<div>shares</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesAuthorised', window );">Authorized quantity</a></td>
<td class="nump">2,400,000,000<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=sid_BuybackProgram9Number2Member', window );">Buyback program [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BoardsAuthorizationDate', window );">Board's Authorization</a></td>
<td class="text">04/20/2018<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesAuthorised', window );">Authorized quantity</a></td>
<td class="nump">30,391,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BuybackProgramPeriod', window );">Program Period</a></td>
<td class="text">From 4/20/2018 to 4/30/2018<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AverageBuybackPrice', window );">Average buyback price | R$ / shares</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumAndMaximumBuybackPrice', window );">Minimum and maximum buyback price | R$</a></td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SaleOfShares', window );">Sale of shares | R$</a></td>
<td class="nump">R$ 22,981,500<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TreasuryShare', window );">Balance in treasury</a></td>
<td class="nump">7,409,500<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfClassesOfShareCapitalLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfSharesAuthorised">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares authorised.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_79_a_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfSharesAuthorised</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AverageBuybackPrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to average buyback price.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AverageBuybackPrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BoardsAuthorizationDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to boards authorization date.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BoardsAuthorizationDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BuybackProgramPeriod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to buyback program period.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BuybackProgramPeriod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_MinimumAndMaximumBuybackPrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of minimum and maximum buyback price.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_MinimumAndMaximumBuybackPrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SaleOfShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the sale of shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SaleOfShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TreasuryShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the treasury share.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TreasuryShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=sid_BuybackProgram9Number2Member">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=sid_BuybackProgram9Number2Member</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>179
<FILENAME>R160.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026182513304">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>23. SHAREHOLDERS' EQUITY (Details 2) - BRL (R$)<br> R$ / shares in Units, R$ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NumberOfSharesRepurchased', window );">Quantity purchased (in units)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">7,409,500<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TreasuryShares', window );">Amount paid for the shares</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 58,264<span></span>
</td>
<td class="nump">R$ 58,264<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TreasurySharesMarketPrice', window );">Treasury share market price</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 235,993<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember', window );">Bottom of range [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WeightAverageSharePrice', window );">Share price</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 4.48<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember', window );">Top of range [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WeightAverageSharePrice', window );">Share price</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">10.07<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_RangeAxis=ifrs-full_WeightedAverageMember', window );">Average [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WeightAverageSharePrice', window );">Share price</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 7.86<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="3"></td></tr>
<tr><td colspan="3"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The average share price on December 31, 2020 was used in the amount of R$31.85 per share.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfClassesOfShareCapitalLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TreasuryShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>An entity&#8217;s own equity instruments, held by the entity or other members of the consolidated group.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2020-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=32&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TreasuryShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_NumberOfSharesRepurchased">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information about number of shares repurchased.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_NumberOfSharesRepurchased</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TreasurySharesMarketPrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information about treasury shares market price.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TreasurySharesMarketPrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_WeightAverageSharePrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to weight average share price.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_WeightAverageSharePrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_BottomOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_WeightedAverageMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_WeightedAverageMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>180
<FILENAME>R161.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189431800">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>23. SHAREHOLDERS' EQUITY (Details 3) - BRL (R$)<br> R$ / shares in Units, R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract', window );"><strong>Disclosure of classes of share capital [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOwnersOfParent', window );">Profit for the year</a></td>
<td class="nump">R$ 3,794,295<span></span>
</td>
<td class="nump">R$ 1,789,067<span></span>
</td>
<td class="nump">R$ 5,074,136<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageShares', window );">Weighted average number of shares</a></td>
<td class="nump">1,380,114,547<span></span>
</td>
<td class="nump">1,380,114,547<span></span>
</td>
<td class="nump">1,373,250,595<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BasicAndDilutedEarningsLossPerShare', window );">Basic and diluted earnings (loss) per share</a></td>
<td class="nump">R$ 2.74926<span></span>
</td>
<td class="nump">R$ 1.29632<span></span>
</td>
<td class="nump">R$ 3.69498<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BasicAndDilutedEarningsLossPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of earnings per share when the basic and diluted measurements are equal. [Refer: Basic earnings (loss) per share; Diluted earnings (loss) per share]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BasicAndDilutedEarningsLossPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfClassesOfShareCapitalAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfClassesOfShareCapitalAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 81B<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81B_a_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2020-01-01<br> -Paragraph 70<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_70_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>181
<FILENAME>R162.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186568264">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>23. SHAREHOLDERS' EQUITY (Details Narrative) - BRL (R$)<br> R$ / shares in Units, R$ in Thousands</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="1">12 Months Ended</th>
<th class="th" colspan="1"></th>
</tr>
<tr>
<th class="th"><div>Feb. 22, 2021</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_IssuedCapital', window );">Issued capital</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 6,040,000<span></span>
</td>
<td class="nump">R$ 4,540,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CapitalIncrease', window );">Capital increase</a></td>
<td class="nump">1,500,000<span></span>
</td>
<td class="nump">1,387,524,047<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesAuthorised', window );">Number of share authorized to sale</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">2,400,000,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NumbersOfShareIssuedValue', window );">Number of share issued, value</a></td>
<td class="nump">R$ 6,040,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_TreasurySharesMember', window );">Treasury shares [member] | Average [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems', window );"><strong>Disclosure of classes of share capital [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SharesPrice', window );">Share price</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 31.85<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfClassesOfShareCapitalLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfClassesOfShareCapitalLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_IssuedCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal value of capital issued.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 78<br> -Subparagraph e<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_78_e&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_IssuedCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfSharesAuthorised">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares authorised.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_79_a_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfSharesAuthorised</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CapitalIncrease">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to capital increase.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CapitalIncrease</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_NumbersOfShareIssuedValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of numbers of share issued value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_NumbersOfShareIssuedValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SharesPrice">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the shares price.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SharesPrice</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ComponentsOfEquityAxis=ifrs-full_TreasurySharesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ComponentsOfEquityAxis=ifrs-full_TreasurySharesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_WeightedAverageMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_WeightedAverageMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>182
<FILENAME>R163.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026195289736">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>24. Shareholders' Compensation (Details) - BRL (R$)<br> R$ / shares in Units, R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ShareholdersCompensationAbstract', window );"><strong>Shareholders Compensation</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossAttributableToOwnersOfParent', window );">Profit for the year</a></td>
<td class="nump">R$ 3,794,295<span></span>
</td>
<td class="nump">R$ 1,789,067<span></span>
</td>
<td class="nump">R$ 5,074,136<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CapitalReserves', window );">Capital reserve</a></td>
<td class="num">(189,715)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProfitForAllocation', window );">Profit for allocation</a></td>
<td class="nump">3,604,580<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProposedDestinationAbtract', window );"><strong>Proposed destination:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumMandatoryDividend', window );">Mandatory minimum dividends:</a></td>
<td class="num">(901,145)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_StatutoryReserves', window );">Statutory reserve</a></td>
<td class="num">(2,703,435)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AllocationOfProfit', window );">Allocation of profit</a></td>
<td class="num">R$ (3,604,580)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_WeightedAverageShares', window );">Weighted average number of shares</a></td>
<td class="nump">1,380,114,547<span></span>
</td>
<td class="nump">1,380,114,547<span></span>
</td>
<td class="nump">1,373,250,595<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DividendsPaidOrdinarySharesPerShare', window );">Dividends per share</a></td>
<td class="nump">R$ 0.652949<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CurrentLiabilitiesOnEquityAbtract', window );"><strong>In current liabilities</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DividendsPaidOnShareholdersEquityLiabilites', window );">Dividends, beginning balance</a></td>
<td class="nump">R$ 13,252<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DividendsPaidInYear', window );">Dividends paid in year</a></td>
<td class="num">(12,414)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProposedDividendOnShareholdersEquityLiabilites', window );">Proposed dividends in 2020 exercise</a></td>
<td class="nump">901,145<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DividendsPaidOnShareholdersEquityLiabilites', window );">Dividends, ending balance</a></td>
<td class="nump">R$ 901,983<span></span>
</td>
<td class="nump">R$ 13,252<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DividendsPaidOrdinarySharesPerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of dividends paid per ordinary share.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 34<br> -IssueDate 2020-01-01<br> -Paragraph 16A<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=34&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_16A_f&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DividendsPaidOrdinarySharesPerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossAttributableToOwnersOfParent">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 81B<br> -Subparagraph a<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_81B_a_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossAttributableToOwnersOfParent</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_WeightedAverageShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 33<br> -IssueDate 2020-01-01<br> -Paragraph 70<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=33&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_70_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_WeightedAverageShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AllocationOfProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the allocation of profit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AllocationOfProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CapitalReserves">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the capital reserves.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CapitalReserves</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CurrentLiabilitiesOnEquityAbtract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to current liabilities on equity abtract.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CurrentLiabilitiesOnEquityAbtract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DividendsPaidInYear">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the dividends paid in year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DividendsPaidInYear</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DividendsPaidOnShareholdersEquityLiabilites">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount related to dividend paid.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DividendsPaidOnShareholdersEquityLiabilites</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_MinimumMandatoryDividend">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of mandatory minimum dividends.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_MinimumMandatoryDividend</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProfitForAllocation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of profit for allocation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProfitForAllocation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProposedDestinationAbtract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to proposed destination abtract.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProposedDestinationAbtract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProposedDividendOnShareholdersEquityLiabilites">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount related to proposed dividend.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProposedDividendOnShareholdersEquityLiabilites</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ShareholdersCompensationAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ShareholdersCompensationAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_StatutoryReserves">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of statutory reserves.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_StatutoryReserves</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>183
<FILENAME>R164.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026237235848">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>24. Shareholders' Compensation (Details Narrative)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ShareholdersCompensationAbstract', window );"><strong>Shareholders Compensation</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfDistributionOfMinimumDividends', window );">Percentage of distribution of minimum dividends</a></td>
<td class="nump">25.00%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PercentageOfDistributionOfMinimumDividends">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the percentage of distribution of minimum dividends.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PercentageOfDistributionOfMinimumDividends</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ShareholdersCompensationAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ShareholdersCompensationAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>184
<FILENAME>R165.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026190759832">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>25. NET REVENUE FROM SALES (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NetRevenueFromSalesLineItems', window );"><strong>NetRevenueFromSalesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossRevenue', window );">Gross revenue</a></td>
<td class="nump">R$ 34,049,060<span></span>
</td>
<td class="nump">R$ 28,883,717<span></span>
</td>
<td class="nump">R$ 26,570,460<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeductionsAbstract', window );"><strong>Deductions</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SalesReturnsAndDiscounts', window );">Canceled sales, discounts and rebates</a></td>
<td class="num">(248,821)<span></span>
</td>
<td class="num">(325,794)<span></span>
</td>
<td class="num">(234,851)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxEffectOfRevenues', window );">Taxes on sales</a></td>
<td class="num">(3,736,219)<span></span>
</td>
<td class="num">(3,121,506)<span></span>
</td>
<td class="num">(3,366,724)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RevenueDeductions', window );">Deductions</a></td>
<td class="num">(3,985,040)<span></span>
</td>
<td class="num">(3,447,300)<span></span>
</td>
<td class="num">(3,601,575)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NetRevenues', window );">Net revenues</a></td>
<td class="nump">30,064,020<span></span>
</td>
<td class="nump">25,436,417<span></span>
</td>
<td class="nump">22,968,885<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=sid_DomesticMarketMember', window );">Domestic market [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NetRevenueFromSalesLineItems', window );"><strong>NetRevenueFromSalesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossRevenue', window );">Gross revenue</a></td>
<td class="nump">16,652,801<span></span>
</td>
<td class="nump">14,220,420<span></span>
</td>
<td class="nump">14,752,901<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=sid_ForeignMarketMember', window );">Foreign market [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NetRevenueFromSalesLineItems', window );"><strong>NetRevenueFromSalesLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GrossRevenue', window );">Gross revenue</a></td>
<td class="nump">R$ 17,396,259<span></span>
</td>
<td class="nump">R$ 14,663,297<span></span>
</td>
<td class="nump">R$ 11,817,559<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeductionsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeductionsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_GrossRevenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to gross revenue.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_GrossRevenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_NetRevenueFromSalesLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_NetRevenueFromSalesLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_NetRevenues">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of net revenues.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_NetRevenues</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RevenueDeductions">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to revenue deductions.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RevenueDeductions</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SalesReturnsAndDiscounts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to sales returns and discounts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SalesReturnsAndDiscounts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TaxEffectOfRevenues">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to tax effect of revenues.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TaxEffectOfRevenues</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=sid_DomesticMarketMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=sid_DomesticMarketMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=sid_ForeignMarketMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=sid_ForeignMarketMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>185
<FILENAME>R166.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189430360">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>25. NET REVENUE FROM SALES (Details Narrative)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NetRevenueFromSalesAbstract', window );"><strong>Net Revenue From Sales</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfTypesOfProductsAndServicesFromWhichEachReportableSegmentDerivesItsRevenues', window );">Description of nature of goods and services</a></td>
<td class="text">(i) the production and sale of steel, cement and iron ore, (ii) the provision of maritime freight services, in the case of iron ore export sales, and rail and port logistics services and (iii) sales of energy.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfBasisOfAccountingForTransactionsBetweenReportableSegments', window );">Description of timing of revenue recognition</a></td>
<td class="text">1.       Identification of the contract for sale of goods or provision of services;    2.       Identification of the performance obligations;    3.       Determination of the contract value;    4.       Determination of the value allocated to each performance obligation included in the contract; and    5.       Revenue recognition over time or at the time the performance obligations are completed.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfPaymentTerms', window );">Description of payment terms</a></td>
<td class="text">All sales of goods and provisions of services are payable within 30 days of the invoice date.<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfBasisOfAccountingForTransactionsBetweenReportableSegments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the basis of accounting for transactions between the entity's reportable segments. [Refer: Reportable segments [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 27<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_27_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfBasisOfAccountingForTransactionsBetweenReportableSegments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfTypesOfProductsAndServicesFromWhichEachReportableSegmentDerivesItsRevenues">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the types of products and services from which a reportable segment derives its revenues. [Refer: Products and services [member]; Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 22<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_22_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfTypesOfProductsAndServicesFromWhichEachReportableSegmentDerivesItsRevenues</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DescriptionOfPaymentTerms">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the description of payment terms.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DescriptionOfPaymentTerms</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_NetRevenueFromSalesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_NetRevenueFromSalesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>186
<FILENAME>R167.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026184209368">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>26. EXPENSES BY NATURE (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpenseByNatureLineItems', window );"><strong>ExpenseByNatureLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpenseExcludingCostOfSales', window );">Expense, net</a></td>
<td class="num">R$ (21,633,776)<span></span>
</td>
<td class="num">R$ (20,117,134)<span></span>
</td>
<td class="num">R$ (18,863,368)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaterialIncomeAndExpenseAbstract', window );"><strong>Classified as:</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales</a></td>
<td class="nump">19,124,901<span></span>
</td>
<td class="nump">17,263,264<span></span>
</td>
<td class="nump">16,105,657<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Selling expenses</a></td>
<td class="num">(2,004,417)<span></span>
</td>
<td class="num">(2,342,805)<span></span>
</td>
<td class="num">(2,263,688)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(504,458)<span></span>
</td>
<td class="num">(511,065)<span></span>
</td>
<td class="num">(494,023)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MiscellaneousOtherOperatingExpense1', window );">Total</a></td>
<td class="num">(21,633,776)<span></span>
</td>
<td class="num">(20,117,134)<span></span>
</td>
<td class="num">(18,863,368)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpensesByNatureAxis=sid_RawMaterialsAndInputsMember', window );">Raw materials and inputs [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpenseByNatureLineItems', window );"><strong>ExpenseByNatureLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpenseExcludingCostOfSales', window );">Expense, net</a></td>
<td class="num">(6,928,517)<span></span>
</td>
<td class="num">(7,287,933)<span></span>
</td>
<td class="num">(6,759,275)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpensesByNatureAxis=sid_LaborCostMember', window );">Labor cost [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpenseByNatureLineItems', window );"><strong>ExpenseByNatureLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpenseExcludingCostOfSales', window );">Expense, net</a></td>
<td class="num">(3,187,428)<span></span>
</td>
<td class="num">(2,807,280)<span></span>
</td>
<td class="num">(2,743,460)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpensesByNatureAxis=sid_SuppliesMember', window );">Supplies [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpenseByNatureLineItems', window );"><strong>ExpenseByNatureLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpenseExcludingCostOfSales', window );">Expense, net</a></td>
<td class="num">(2,150,452)<span></span>
</td>
<td class="num">(1,981,547)<span></span>
</td>
<td class="num">(1,782,576)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpensesByNatureAxis=sid_MaintenanceCostServicesAndMaterialsMember', window );">Maintenance cost Services and materials [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpenseByNatureLineItems', window );"><strong>ExpenseByNatureLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpenseExcludingCostOfSales', window );">Expense, net</a></td>
<td class="num">(1,340,255)<span></span>
</td>
<td class="num">(1,340,135)<span></span>
</td>
<td class="num">(1,326,894)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpensesByNatureAxis=sid_OutsourcingServicesMember', window );">Outsourcing services [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpenseByNatureLineItems', window );"><strong>ExpenseByNatureLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpenseExcludingCostOfSales', window );">Expense, net</a></td>
<td class="num">(2,217,657)<span></span>
</td>
<td class="num">(2,392,626)<span></span>
</td>
<td class="num">(2,368,387)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpensesByNatureAxis=sid_FreightsMember', window );">Freights [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpenseByNatureLineItems', window );"><strong>ExpenseByNatureLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpenseExcludingCostOfSales', window );">Expense, net</a></td>
<td class="num">(216,506)<span></span>
</td>
<td class="num">(334,509)<span></span>
</td>
<td class="num">(109,756)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpensesByNatureAxis=sid_DistributionFreightsMember', window );">Distribution freights [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpenseByNatureLineItems', window );"><strong>ExpenseByNatureLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpenseExcludingCostOfSales', window );">Expense, net</a></td>
<td class="num">(1,421,079)<span></span>
</td>
<td class="num">(1,787,979)<span></span>
</td>
<td class="num">(1,692,785)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpensesByNatureAxis=sid_DepreciationAmortizationAndDepletionMember', window );">Depreciation amortization and depletion [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpenseByNatureLineItems', window );"><strong>ExpenseByNatureLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpenseExcludingCostOfSales', window );">Expense, net</a></td>
<td class="num">(2,421,458)<span></span>
</td>
<td class="num">(1,421,704)<span></span>
</td>
<td class="num">(1,175,107)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpensesByNatureAxis=sid_OthersOneMember', window );">Others [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpenseByNatureLineItems', window );"><strong>ExpenseByNatureLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpenseExcludingCostOfSales', window );">Expense, net</a></td>
<td class="num">R$ (1,750,424)<span></span>
</td>
<td class="num">R$ (763,421)<span></span>
</td>
<td class="num">R$ (905,128)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expenses that the entity classifies as being administrative.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2020-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause vi<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35_b_vi&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of costs relating to expenses directly or indirectly attributed to the goods or services sold, which may include, but are not limited to, costs previously included in the measurement of inventory that has now been sold, unallocated production overheads and abnormal amounts of production costs of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaterialIncomeAndExpenseAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaterialIncomeAndExpenseAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OperatingExpenseExcludingCostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating expense excluding the cost of sales. [Refer: Cost of sales]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OperatingExpenseExcludingCostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SalesAndMarketingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to the marketing and selling of goods or services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SalesAndMarketingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExpenseByNatureLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExpenseByNatureLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_MiscellaneousOtherOperatingExpense1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the miscellaneous other operating expense1.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_MiscellaneousOtherOperatingExpense1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExpensesByNatureAxis=sid_RawMaterialsAndInputsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExpensesByNatureAxis=sid_RawMaterialsAndInputsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExpensesByNatureAxis=sid_LaborCostMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExpensesByNatureAxis=sid_LaborCostMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExpensesByNatureAxis=sid_SuppliesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExpensesByNatureAxis=sid_SuppliesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExpensesByNatureAxis=sid_MaintenanceCostServicesAndMaterialsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExpensesByNatureAxis=sid_MaintenanceCostServicesAndMaterialsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExpensesByNatureAxis=sid_OutsourcingServicesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExpensesByNatureAxis=sid_OutsourcingServicesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExpensesByNatureAxis=sid_FreightsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExpensesByNatureAxis=sid_FreightsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExpensesByNatureAxis=sid_DistributionFreightsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExpensesByNatureAxis=sid_DistributionFreightsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExpensesByNatureAxis=sid_DepreciationAmortizationAndDepletionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExpensesByNatureAxis=sid_DepreciationAmortizationAndDepletionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExpensesByNatureAxis=sid_OthersOneMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExpensesByNatureAxis=sid_OthersOneMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>187
<FILENAME>R168.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026182274888">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>26. EXPENSES BY NATURE (Details 1) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpenseByNatureLineItems', window );"><strong>ExpenseByNatureLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Production costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 19,124,901<span></span>
</td>
<td class="nump">R$ 17,263,264<span></span>
</td>
<td class="nump">R$ 16,105,657<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Sales expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">2,004,417<span></span>
</td>
<td class="nump">2,342,805<span></span>
</td>
<td class="nump">2,263,688<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdministrativeExpense', window );">General and Administrative Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">504,458<span></span>
</td>
<td class="nump">511,065<span></span>
</td>
<td class="nump">494,023<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other income and expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(5,224,682)<span></span>
</td>
<td class="num">(4,631,236)<span></span>
</td>
<td class="nump">83,332<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MiscellaneousOtherOperatingExpense', window );">Net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">3,270,056<span></span>
</td>
<td class="nump">2,406,851<span></span>
</td>
<td class="nump">1,330,706<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpenseByNatureAxis=sid_DepreciationAmortizationAndDepletionMember', window );">Depreciation amortization and depletion [member]</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpenseByNatureLineItems', window );"><strong>ExpenseByNatureLineItems [Line Items]</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Production costs</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="num">(2,374,046)<span></span>
</td>
<td class="num">(1,385,306)<span></span>
</td>
<td class="nump">1,145,793<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SalesAndMarketingExpense', window );">Sales expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(13,978)<span></span>
</td>
<td class="num">(11,539)<span></span>
</td>
<td class="nump">5,850<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AdministrativeExpense', window );">General and Administrative Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(33,434)<span></span>
</td>
<td class="num">(24,859)<span></span>
</td>
<td class="nump">23,464<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OperatingExpense', window );">Total</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,421,458)<span></span>
</td>
<td class="num">(1,421,704)<span></span>
</td>
<td class="nump">1,175,107<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherOperatingIncomeExpense', window );">Other income and expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">95,270<span></span>
</td>
<td class="nump">97,627<span></span>
</td>
<td class="num">(97,914)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MiscellaneousOtherOperatingExpense', window );">Net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (2,516,728)<span></span>
</td>
<td class="num">R$ (1,519,331)<span></span>
</td>
<td class="nump">R$ 1,273,021<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The Company's iron ore extraction in 2020 started using dry waste filtering and stacking in 100% of its production process. As a normal consequence of the operation, the use of dams has become obsolete, and consequently, the assets of dams reached the end of their useful lives on December 31, 2020. As a result of the technical and functional obsolescence of the dams, the book balance of these assets in their entirety, (R$515,491), was fully depreciated in 2020 and appropriated to the cost of production. The cost of production includes PIS and COFINS credits on lease agreements on December 31, 2020, in the amount of R$5,335.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">They mainly refer to the depreciation of investment properties, paralyzed equipment and amortization of the SWT Client Portfolio, see note 27.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expenses that the entity classifies as being administrative.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2020-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause vi<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35_b_vi&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of costs relating to expenses directly or indirectly attributed to the goods or services sold, which may include, but are not limited to, costs previously included in the measurement of inventory that has now been sold, unallocated production overheads and abnormal amounts of production costs of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MiscellaneousOtherOperatingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of miscellaneous other operating expenses. [Refer: Other operating income (expense)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MiscellaneousOtherOperatingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OperatingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of all operating expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OperatingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherOperatingIncomeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income (expense) that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherOperatingIncomeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SalesAndMarketingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to the marketing and selling of goods or services.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SalesAndMarketingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExpenseByNatureLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExpenseByNatureLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExpenseByNatureAxis=sid_DepreciationAmortizationAndDepletionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExpenseByNatureAxis=sid_DepreciationAmortizationAndDepletionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>188
<FILENAME>R169.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026193640392">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>26. EXPENSES BY NATURE (Details Narrative) - Iron ore [member]<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpenseByNatureLineItems', window );"><strong>ExpenseByNatureLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfProductionProcess', window );">Percentage of production process</a></td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BookBalanceOfAssets', window );">Book balance of assets</a></td>
<td class="nump">R$ 515,491<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProductsAndServicesAxis=sid_IronOreMember', window );">Lease agreements [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpenseByNatureLineItems', window );"><strong>ExpenseByNatureLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CostOfProduction', window );">Cost of production</a></td>
<td class="nump">R$ 5,335<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BookBalanceOfAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the book balance of assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BookBalanceOfAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CostOfProduction">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cost of production.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CostOfProduction</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExpenseByNatureLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExpenseByNatureLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PercentageOfProductionProcess">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the percentage of production process.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PercentageOfProductionProcess</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProductsAndServicesAxis=sid_IronOreMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProductsAndServicesAxis=sid_IronOreMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfContractsAxis=sid_LeaseAgreementMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfContractsAxis=sid_LeaseAgreementMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>189
<FILENAME>R170.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026182220152">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>27. OTHER OPERATING INCOME AND EXPENSES (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherOperatingIncomeAbstract', window );"><strong>Other operating income</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_Indemnities', window );">Receivables by indemnity</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 245,945<span></span>
</td>
<td class="nump">R$ 56,180<span></span>
</td>
<td class="nump">R$ 46,256<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RentalsAndLeases', window );">Rentals and leases</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">9,096<span></span>
</td>
<td class="nump">9,462<span></span>
</td>
<td class="nump">5,430<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DividendsReceived1', window );">Dividends received</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,197<span></span>
</td>
<td class="nump">32,747<span></span>
</td>
<td class="nump">9,188<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PisAndCofinsToCompensate', window );">PIS, COFINS and INSS to compensate</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">120,452<span></span>
</td>
<td class="nump">123,677<span></span>
</td>
<td class="nump">1,102,365<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualFines', window );">Contractual fines</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">4,783<span></span>
</td>
<td class="nump">4,486<span></span>
</td>
<td class="nump">3,965<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ActuarialPensionPlan', window );">Actuarial pension plan</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">55,695<span></span>
</td>
<td class="nump">47,151<span></span>
</td>
<td class="nump">20,983<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_UpdatedSharesFairValueThroughProfitOrLossOne', window );">Updated shares - Fair Value through profit or loss (VJR) (Note 14II)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">12,579<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,655,813<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualAgreement', window );">Contractual agreement</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[3]</sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">131,817<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherRevenues', window );">Other revenues</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">32,747<span></span>
</td>
<td class="nump">98,250<span></span>
</td>
<td class="nump">27,749<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MiscellaneousOtherOperatingIncome', window );">Total income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">482,494<span></span>
</td>
<td class="nump">503,770<span></span>
</td>
<td class="nump">4,036,043<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherOperatingExpenseAbstract', window );"><strong>Other operating expenses</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TaxesAndFees', window );">Taxes and fees</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(46,338)<span></span>
</td>
<td class="num">(95,873)<span></span>
</td>
<td class="num">(26,197)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpensesWithEnvironmentalLiabilitiesNet', window );">Expenses with environmental liabilities, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">16,151<span></span>
</td>
<td class="num">(82,669)<span></span>
</td>
<td class="num">(60,311)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WriteoffprovisionOfJudicialDeposits', window );">Write-off/(Provision) of judicial lawsuits</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(130,869)<span></span>
</td>
<td class="num">(19,685)<span></span>
</td>
<td class="num">(113,549)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ContractualFinesOne', window );">Contractual fines</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(106,926)<span></span>
</td>
<td class="num">(104,086)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22', window );">Depreciation of equipment paralyzed and amortization of intangible assets (note 26)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(95,270)<span></span>
</td>
<td class="num">(97,627)<span></span>
</td>
<td class="num">(97,914)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_WriteOffOfPpeAndIntangibleAssets', window );">Write- off of PP&amp;E and intangible assets (note 10, 11 and 12)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(13,130)<span></span>
</td>
<td class="num">(114,603)<span></span>
</td>
<td class="num">(27,260)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EstimatedLossreversalInInventories', window );">Estimated (Loss)/reversal in inventories</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(179,012)<span></span>
</td>
<td class="num">(136,827)<span></span>
</td>
<td class="num">(149,704)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IdlenessInStocksAndParalyzedEquipment', window );">Idleness in stocks and paralyzed equipment</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[4]</sup></td>
<td class="num">(303,975)<span></span>
</td>
<td class="num">(546,968)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_StudiesAndProjectEngineeringExpenses', window );">Studies and project engineering expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(27,137)<span></span>
</td>
<td class="num">(26,171)<span></span>
</td>
<td class="num">(33,738)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ResearchAndDevelopmentExpenses', window );">Research and development expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(620)<span></span>
</td>
<td class="num">(1,741)<span></span>
</td>
<td class="num">(2,688)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_HealthcarePlanExpenses', window );">Healthcare plan expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(117,193)<span></span>
</td>
<td class="num">(119,560)<span></span>
</td>
<td class="num">(108,369)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CashFlowHedgeRealized', window );">Cash flow hedge realized (Note 14 b)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[5]</sup></td>
<td class="num">(1,951,035)<span></span>
</td>
<td class="num">(790,353)<span></span>
</td>
<td class="num">(370,191)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_UpdatedSharesFairValueThroughProfitOrLoss', window );">Updated shares - Fair value through profit or loss (Note 14II)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">(118,780)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherExpensesOne', window );">Other expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(421,628)<span></span>
</td>
<td class="num">(149,068)<span></span>
</td>
<td class="num">(218,701)<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MiscellaneousOtherOperatingExpense', window );">Expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(3,270,056)<span></span>
</td>
<td class="num">(2,406,851)<span></span>
</td>
<td class="num">(1,330,706)<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherOperatingIncomeExpense1', window );">Other operating income (expenses), net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (2,787,562)<span></span>
</td>
<td class="num">R$ (1,903,081)<span></span>
</td>
<td class="nump">R$ 2,705,337<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">In June 2020, the Company received R$84,435 of indemnity after a court decision, of which R$58,785 for rent arrears arising from one of its investment properties and R$25,650 relating to an action for the collection of insurance for material damage caused by contractor in the construction of the long steel plant. Additionally, in June, the principal amount was recognized in the amount of R$147,612 of receivables for indemnity (see note 9).</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">In 2020, consist of the recovery of INSS credit on benefits granted to employees that should not be considered in the contribution calculation basis. In 2019, this is the exclusion of ICMS from the PIS and COFINS calculation basis.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[3]</td>
<td style="vertical-align: top;" valign="top">Referring to the contractual agreement signed for the supply of new equipment.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[4]</td>
<td style="vertical-align: top;" valign="top">Refers to the idle capacity arisen from production volumes lower than normal it was generated from the refurbishment of the blast furnace No.3 and in the iron ore mining operation due to delays in the release of environmental licenses, which postponed the start of new ore mining fronts, as well as new dry tailing processes still in ramp-up stage.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[5]</td>
<td style="vertical-align: top;" valign="top">As of December 31, 2020, foreign exchange cash flow hedge was realized and reclassified from Other Comprehensive Income to Other Operating Expenses (R$1,667,886), as well as cash flow hedge of PLATTS index (R$283,149), totaling R$1,951,035 of hedge realization in the year. See note 14.</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MiscellaneousOtherOperatingExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of miscellaneous other operating expenses. [Refer: Other operating income (expense)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MiscellaneousOtherOperatingExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MiscellaneousOtherOperatingIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of miscellaneous other operating income. [Refer: Other operating income (expense)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MiscellaneousOtherOperatingIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ActuarialPensionPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the actuarial pension plan.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ActuarialPensionPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CashFlowHedgeRealized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the cash flow hedge realized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CashFlowHedgeRealized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ContractualAgreement">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the contractual agreement.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ContractualAgreement</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ContractualFines">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the contractual fines.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ContractualFines</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ContractualFinesOne">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the contractual fines.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ContractualFinesOne</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the depreciation of equipment paralyzed and amortization of intangible assets (note 22).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DepreciationOfEquipmentParalyzedAndAmortizationOfIntangibleAssetsNote22</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DividendsReceived1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the dividends received.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DividendsReceived1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_EstimatedLossreversalInInventories">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the estimated (Loss)/reversal in inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_EstimatedLossreversalInInventories</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExpensesWithEnvironmentalLiabilitiesNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the expenses with environmental liabilities, net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExpensesWithEnvironmentalLiabilitiesNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_HealthcarePlanExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the healthcare plan expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_HealthcarePlanExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IdlenessInStocksAndParalyzedEquipment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the idleness in stocks and paralyzed equipment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IdlenessInStocksAndParalyzedEquipment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_Indemnities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the indemnities.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_Indemnities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherExpensesOne">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the other expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherExpensesOne</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherOperatingExpenseAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherOperatingExpenseAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherOperatingIncomeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherOperatingIncomeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherOperatingIncomeExpense1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating expenses that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherOperatingIncomeExpense1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherRevenues">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the other revenues.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherRevenues</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PisAndCofinsToCompensate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the PIS and COFINS to compensate.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PisAndCofinsToCompensate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RentalsAndLeases">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the rentals and leases.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RentalsAndLeases</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ResearchAndDevelopmentExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the research and development expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ResearchAndDevelopmentExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_StudiesAndProjectEngineeringExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the studies and project engineering expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_StudiesAndProjectEngineeringExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TaxesAndFees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the taxes and fees.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TaxesAndFees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_UpdatedSharesFairValueThroughProfitOrLoss">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the updated shares &amp;amp;amp;amp;amp;#8211; Fair value through profit or loss.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_UpdatedSharesFairValueThroughProfitOrLoss</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_UpdatedSharesFairValueThroughProfitOrLossOne">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the updated shares &amp;amp;amp;amp;amp;#8211; Fair Value through profit or loss (VJR)&amp;amp;amp;amp;amp;#160; (Note 12II).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_UpdatedSharesFairValueThroughProfitOrLossOne</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_WriteOffOfPpeAndIntangibleAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the write- off of PP&amp;amp;amp;amp;amp;amp;E and intangible assets (note 9).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_WriteOffOfPpeAndIntangibleAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_WriteoffprovisionOfJudicialDeposits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the write-off/(Provision) of judicial deposits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_WriteoffprovisionOfJudicialDeposits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>190
<FILENAME>R171.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026185653400">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>27. OTHER OPERATING INCOME AND EXPENSES (Details Narrative) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1"></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Jun. 30, 2020</div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherOperatingInconeAndExpensesAbstarct', window );"><strong>Other Operating Income And Expenses</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ReceivablesByIndemnity', window );">Receivables by indemnity</a></td>
<td class="nump">R$ 84,435<span></span>
</td>
<td class="nump">R$ 517,183<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RentArrears', window );">Rent arrears</a></td>
<td class="nump">58,785<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CollectionOfInsuranceForMaterialDamage', window );">Collection of insurance for material damage</a></td>
<td class="nump">25,650<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PrincipalAmountReceivablesForIndemnity', window );">Principal amount receivables for indemnity</a></td>
<td class="nump">R$ 147,612<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherOperatingExpenses', window );">Other operating expenses</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">1,667,886<span></span>
</td>
<td class="nump">R$ 790,353<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CashFlowHedgeOfPlattsIndex', window );">Cash flow hedge of PLATTS index</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">283,149<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CashFlowHedgeRealised', window );">Cash flow hedge realized</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="num">R$ (1,951,035)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CashFlowHedgeOfPlattsIndex">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash flow hedge of platts index.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CashFlowHedgeOfPlattsIndex</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CashFlowHedgeRealised">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of cash flow hedge realised.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CashFlowHedgeRealised</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CollectionOfInsuranceForMaterialDamage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of collection of insurance for material damage.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CollectionOfInsuranceForMaterialDamage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherOperatingExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other operating expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherOperatingExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherOperatingInconeAndExpensesAbstarct">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent other operating income and expense abstract.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherOperatingInconeAndExpensesAbstarct</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PrincipalAmountReceivablesForIndemnity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of principal amount receivables for indemnity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PrincipalAmountReceivablesForIndemnity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ReceivablesByIndemnity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of receivables by indemnity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ReceivablesByIndemnity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RentArrears">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the rent arrears.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RentArrears</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>191
<FILENAME>R172.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026179205400">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>28. FINANCIAL INCOME (EXPENSES) (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinanceIncomeAbstract', window );"><strong>Financial income</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RelatedParties', window );">Related parties (note 22 b)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 51,124<span></span>
</td>
<td class="nump">R$ 79,228<span></span>
</td>
<td class="nump">R$ 64,888<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeFromFinancialInvestments', window );">Income from financial investments</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">58,061<span></span>
</td>
<td class="nump">93,471<span></span>
</td>
<td class="nump">111,235<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_UpdatedSharesFairValueThroughProfitOrLos', window );">Updated shares - Fair value through profit or loss (Note 14 II)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">1,190,489<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_OtherIncome', window );">Other income</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[2]</sup></td>
<td class="nump">503,054<span></span>
</td>
<td class="nump">206,343<span></span>
</td>
<td class="nump">1,134,391<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_FinanceIncome', window );">Financial income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">1,802,728<span></span>
</td>
<td class="nump">379,042<span></span>
</td>
<td class="nump">1,310,514<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinanceCostsAbstract', window );"><strong>Financial expenses</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingForeignCurrency', window );">Borrowings and financing - foreign currency (note 13 b)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(1,600,973)<span></span>
</td>
<td class="num">(1,128,520)<span></span>
</td>
<td class="num">(988,821)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BorrowingsAndFinancingLocalCurrency', window );">Borrowings and financing - local currency (note 13 b)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(401,079)<span></span>
</td>
<td class="num">(867,785)<span></span>
</td>
<td class="num">(1,020,867)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RelatedPartiesOne', window );">Related parties</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(13,608)<span></span>
</td>
<td class="num">(14,939)<span></span>
</td>
<td class="num">(16,092)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_Leases', window );">Lease liabilities</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(50,804)<span></span>
</td>
<td class="num">(49,118)<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CapitalizedInterest', window );">Capitalised interest (notes 11 and 33)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">92,506<span></span>
</td>
<td class="nump">117,189<span></span>
</td>
<td class="nump">71,611<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InterestFinesAndLatePaymentCharges', window );">Interest and fines</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(290,673)<span></span>
</td>
<td class="num">(158,794)<span></span>
</td>
<td class="num">(71,100)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdjustmentPresentValueOfTradePayables', window );">(-) Adjustment present value of trade payables</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(139,566)<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CommissionAndBankFees', window );">Commission, bank fees, Guarantee and bank fees</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(162,085)<span></span>
</td>
<td class="num">(217,784)<span></span>
</td>
<td class="num">(182,179)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PiscofinsOverFinancialIncome', window );">PIS/COFINS over financial income</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(39,149)<span></span>
</td>
<td class="num">(25,176)<span></span>
</td>
<td class="num">(84,404)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherFinancialExpenses', window );">Other financial expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(270,764)<span></span>
</td>
<td class="num">(217,864)<span></span>
</td>
<td class="nump">19,614<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinanceCosts1', window );">Financial expenses</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,876,195)<span></span>
</td>
<td class="num">(2,562,791)<span></span>
</td>
<td class="num">(2,272,238)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersFinancialItemsNetAbstract', window );"><strong>Others financial items, net</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ForeignExchangeAndMonetaryVariationNet', window );">Foreign exchange and monetary variation, net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">392,971<span></span>
</td>
<td class="nump">47,579<span></span>
</td>
<td class="num">(533,918)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives', window );">Gains and (losses) on exchange derivatives</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(115,815)<span></span>
</td>
<td class="nump">4,986<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OthersFinancial', window );">Others financial</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">277,156<span></span>
</td>
<td class="nump">52,565<span></span>
</td>
<td class="num">(533,919)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialIncomeExpenses', window );">Financial income (expenses)</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(2,599,039)<span></span>
</td>
<td class="num">(2,510,226)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_FinancialIncomeExpensesNet', window );">Financial income (expenses), net</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(796,311)<span></span>
</td>
<td class="num">(2,131,184)<span></span>
</td>
<td class="num">(1,495,643)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_StatementOfGainsAndLossesOnDerivativeTransactionsAbstract', window );"><strong>Statement of gains and (losses) on derivative transactions (note 14)</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DollarToEuroSwap', window );">Exchange rate swap Dollar x Euro</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(9,070)<span></span>
</td>
<td class="nump">783<span></span>
</td>
<td class="num">(1)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExchangeRateSwapGbpEuro', window );">Exchange rate swap GBP x Euro</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(602)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CdiXDollarSwap', window );">Exchange rate swap CDI x Dollar</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">(106,143)<span></span>
</td>
<td class="nump">4,203<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TotalFutureDi', window );">Total Future DI</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="num">R$ (115,815)<span></span>
</td>
<td class="nump">R$ 4,986<span></span>
</td>
<td class="num">R$ (1)<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%">
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">It refers to the appreciation of Usiminas' shares in the amount of R$1,190,489 as of December31, 2020. As of December 31, 2019, Usiminas' shares were reclassified to financial investments and their pricing fluctuation started to be recognized in the financial result.</td>
</tr>
<tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[2]</td>
<td style="vertical-align: top;" valign="top">It mainly refers to the recognition of the exclusion of ICMS in the PIS and COFINS calculation base in the amount of R$81,758 on December 31, 2020 (R$160,609 on December 31, 2019) in the Consolidated, and updating in the amount of R$369,571 of receivables for indemnity (see note 9).</td>
</tr>
</table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_FinanceIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of income associated with interest and other financing activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_FinanceIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The gains (losses) resulting from change in the fair value of derivatives recognised in profit or loss. [Refer: Derivatives [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_OtherIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of operating income that the entity does not separately disclose in the same statement or note.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2020-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35_b_iv&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_OtherIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdjustmentPresentValueOfTradePayables">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the adjustment present value of trade payables.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdjustmentPresentValueOfTradePayables</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BorrowingsAndFinancingForeignCurrency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the borrowings and financing - foreign currency.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BorrowingsAndFinancingForeignCurrency</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BorrowingsAndFinancingLocalCurrency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the borrowings and financing - local currency.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BorrowingsAndFinancingLocalCurrency</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CapitalizedInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the capitalized interest.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CapitalizedInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CdiXDollarSwap">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the CDI x Dollar swap.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CdiXDollarSwap</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CommissionAndBankFees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the commission and bank fees.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CommissionAndBankFees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DollarToEuroSwap">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the Dollar - to - euro swap.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DollarToEuroSwap</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExchangeRateSwapGbpEuro">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the exchange rate swap gbp euro.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExchangeRateSwapGbpEuro</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FinanceCosts1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the statement of finance cost1.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FinanceCosts1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FinanceCostsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FinanceCostsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FinanceIncomeAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FinanceIncomeAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FinancialIncomeExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial income expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FinancialIncomeExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_FinancialIncomeExpensesNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of financial income expenses net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_FinancialIncomeExpensesNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ForeignExchangeAndMonetaryVariationNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of foreign exchange and monetary variation net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ForeignExchangeAndMonetaryVariationNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeFromFinancialInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the income from financial investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeFromFinancialInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_InterestFinesAndLatePaymentCharges">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the interest, fines and late payment charges.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_InterestFinesAndLatePaymentCharges</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_Leases">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the leases.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_Leases</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherFinancialExpenses">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the other financial expenses.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherFinancialExpenses</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OthersFinancial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of others financial.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OthersFinancial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OthersFinancialItemsNetAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OthersFinancialItemsNetAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PiscofinsOverFinancialIncome">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the PIS/COFINS over financial income.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PiscofinsOverFinancialIncome</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RelatedParties">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the related parties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RelatedParties</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RelatedPartiesOne">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the related parties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RelatedPartiesOne</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_StatementOfGainsAndLossesOnDerivativeTransactionsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_StatementOfGainsAndLossesOnDerivativeTransactionsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TotalFutureDi">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the statement of total future DI.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TotalFutureDi</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_UpdatedSharesFairValueThroughProfitOrLos">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the updated shares fair value through profit or los.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_UpdatedSharesFairValueThroughProfitOrLos</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>192
<FILENAME>R173.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189461288">
<tr>
<th class="tl" colspan="2" rowspan="2"><div style="width: 200px;"><strong>28. FINANCIAL INCOME (EXPENSES) (Details Narrative) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfFinancialIncomeExpensesAbstract', window );"><strong>Financial Income</strong></a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_UpdatedSharesFairValueThroughProfitOrLos', window );">Updated shares - Fair value through profit or loss (Note 14 II)</a></td>
<td class="th" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">R$ 1,190,489<span></span>
</td>
<td class="text"> <span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RecognitionOfExclusionOfIcmsInPisAndCofins', window );">Recognition of the exclusion of ICMS in the PIS and COFINS</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">81,758<span></span>
</td>
<td class="nump">R$ 160,609<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ReceivablesForIndemnity', window );">Receivables for indemnity</a></td>
<td class="th" style="border-bottom: 0px;"><sup></sup></td>
<td class="nump">R$ 369,571<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr><td colspan="4"></td></tr>
<tr><td colspan="4"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">It refers to the appreciation of Usiminas' shares in the amount of R$1,190,489 as of December31, 2020. As of December 31, 2019, Usiminas' shares were reclassified to financial investments and their pricing fluctuation started to be recognized in the financial result.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfFinancialIncomeExpensesAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfFinancialIncomeExpensesAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ReceivablesForIndemnity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of receivables for indemnity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ReceivablesForIndemnity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RecognitionOfExclusionOfIcmsInPisAndCofins">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the recognition of exclusion of icms in pis and cofins.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RecognitionOfExclusionOfIcmsInPisAndCofins</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_UpdatedSharesFairValueThroughProfitOrLos">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the updated shares fair value through profit or los.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_UpdatedSharesFairValueThroughProfitOrLos</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>193
<FILENAME>R174.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026181844568">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>29. SEGMENT INFORMATION (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="5">12 Months Ended</th>
</tr>
<tr>
<th class="th" colspan="2"><div>Dec. 31, 2020</div></th>
<th class="th" colspan="2"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">R$ 30,064,020<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 25,436,417<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 22,968,885<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales and services</a></td>
<td class="nump">19,124,901<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">17,263,264<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">16,105,657<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">10,939,119<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">8,173,153<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,863,228<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(2,508,875)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,853,870)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,757,711)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherOperatingIncomeExpensesNet', window );">Other operating (income) expenses, net</a></td>
<td class="num">(2,787,562)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,903,081)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,705,335<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInResultsOfAffiliatedCompanies', window );">Equity in results of affiliated companies</a></td>
<td class="nump">124,324<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">175,524<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"><sup>[1]</sup></td>
<td class="nump">135,706<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Operating result before Financial Income and Taxes</a></td>
<td class="nump">5,714,437<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,541,917<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,946,560<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=sid_DomesticMarketMember', window );">Domestic market [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">12,886,213<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">10,950,701<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">11,353,437<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=sid_ForeignMarketMember', window );">Foreign market [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">17,177,807<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">14,485,716<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">11,615,450<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=srt_AsiaMember', window );">Asia [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">8,606,405<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">8,209,796<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,760,316<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=srt_NorthAmericaMember', window );">North America [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">922,299<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">767,977<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,506,041<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=srt_LatinAmericaMember', window );">Latin America [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">327,900<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">169,036<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">369,830<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=srt_EuropeMember', window );">Euro [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">7,315,862<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,336,861<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,921,034<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeographicalAreasAxis=sid_OthersMember', window );">Others [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">4,346<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,046<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">58,229<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_SteelMember', window );">Steel [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">16,602,895<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">13,949,032<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">15,634,143<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales and services</a></td>
<td class="nump">14,170,692<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">12,962,861<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">12,613,216<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">2,432,203<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">986,171<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,020,927<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(922,862)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(834,977)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(984,980)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherOperatingIncomeExpensesNet', window );">Other operating (income) expenses, net</a></td>
<td class="num">(392,061)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,055,190)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,993,790<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInResultsOfAffiliatedCompanies', window );">Equity in results of affiliated companies</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Operating result before Financial Income and Taxes</a></td>
<td class="nump">1,117,280<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(903,996)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,029,736<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_SteelMember', window );">Steel [member] | Domestic market [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">11,721,339<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">10,027,999<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">10,328,372<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_SteelMember', window );">Steel [member] | Foreign market [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">4,881,556<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,921,033<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,305,771<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_SteelMember', window );">Steel [member] | Asia [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,980<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">40,681<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_SteelMember', window );">Steel [member] | North America [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">922,299<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">767,977<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,506,041<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_SteelMember', window );">Steel [member] | Latin America [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">327,900<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">169,036<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">369,830<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_SteelMember', window );">Steel [member] | Euro [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">3,627,011<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,978,994<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,330,991<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_SteelMember', window );">Steel [member] | Others [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">4,346<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,046<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">58,229<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_MiningMember', window );">Mining [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">12,683,231<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">10,027,649<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,984,781<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales and services</a></td>
<td class="nump">5,531,763<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,396,247<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">3,585,691<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">7,151,468<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,631,402<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,399,091<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(179,806)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(186,189)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(144,754)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherOperatingIncomeExpensesNet', window );">Other operating (income) expenses, net</a></td>
<td class="num">(665,881)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(218,009)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(222,957)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInResultsOfAffiliatedCompanies', window );">Equity in results of affiliated companies</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Operating result before Financial Income and Taxes</a></td>
<td class="nump">6,305,781<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,227,204<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,031,379<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_MiningMember', window );">Mining [member] | Domestic market [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">1,532,589<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">926,836<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">972,360<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_MiningMember', window );">Mining [member] | Foreign market [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">11,150,642<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">9,100,813<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">5,012,420<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_MiningMember', window );">Mining [member] | Asia [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">7,461,791<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">6,742,946<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">4,422,377<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_MiningMember', window );">Mining [member] | Euro [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">3,688,851<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">2,357,867<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">590,043<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_LogisticsMember', window );">Logistics [member] | Port [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">256,371<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">240,451<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">266,378<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales and services</a></td>
<td class="nump">187,860<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">173,344<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">189,999<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">68,511<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">67,107<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">76,378<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(21,949)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(34,560)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(35,423)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherOperatingIncomeExpensesNet', window );">Other operating (income) expenses, net</a></td>
<td class="num">(5,420)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(3,860)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,469)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInResultsOfAffiliatedCompanies', window );">Equity in results of affiliated companies</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Operating result before Financial Income and Taxes</a></td>
<td class="nump">41,142<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">28,687<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">38,486<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_LogisticsMember', window );">Logistics [member] | Port [member] | Domestic market [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">256,371<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">240,451<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">266,378<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_LogisticsMember', window );">Logistics [member] | Railroads [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">1,489,647<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,321,355<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,506,114<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales and services</a></td>
<td class="nump">1,094,130<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,030,210<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,049,071<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">395,517<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">291,145<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">457,043<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(114,970)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(109,770)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(106,412)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherOperatingIncomeExpensesNet', window );">Other operating (income) expenses, net</a></td>
<td class="nump">52,569<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">147,155<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(34,911)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInResultsOfAffiliatedCompanies', window );">Equity in results of affiliated companies</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Operating result before Financial Income and Taxes</a></td>
<td class="nump">333,116<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">328,530<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">315,721<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_LogisticsMember', window );">Logistics [member] | Railroads [member] | Domestic market [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">1,489,647<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,321,355<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,506,114<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_EnergyMember', window );">Energy [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">172,859<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">325,343<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">410,606<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales and services</a></td>
<td class="nump">128,227<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">266,754<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">286,734<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">44,632<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">58,589<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">123,872<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(30,243)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(29,034)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(27,948)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherOperatingIncomeExpensesNet', window );">Other operating (income) expenses, net</a></td>
<td class="num">(2,967)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,486)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(387)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInResultsOfAffiliatedCompanies', window );">Equity in results of affiliated companies</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Operating result before Financial Income and Taxes</a></td>
<td class="nump">11,422<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">28,069<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">95,537<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_EnergyMember', window );">Energy [member] | Domestic market [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">172,859<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">325,343<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">410,606<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_CementMember', window );">Cement [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">858,192<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">570,805<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">588,230<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales and services</a></td>
<td class="nump">647,132<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">607,719<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">544,266<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">211,060<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(36,914)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">43,965<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(88,232)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(91,466)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(95,893)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherOperatingIncomeExpensesNet', window );">Other operating (income) expenses, net</a></td>
<td class="num">(44,893)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(40,630)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">299<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInResultsOfAffiliatedCompanies', window );">Equity in results of affiliated companies</a></td>
<td class="text"> <span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Operating result before Financial Income and Taxes</a></td>
<td class="nump">77,935<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(169,010)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(51,628)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_CementMember', window );">Cement [member] | Domestic market [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">857,197<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">570,805<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">588,230<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_CementMember', window );">Cement [member] | Foreign market [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">995<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_CementMember', window );">Cement [member] | Latin America [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">995<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember', window );">Corporate expenses/elimination [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="num">(1,999,175)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(998,218)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,421,366)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CostOfSales', window );">Cost of sales and services</a></td>
<td class="num">(2,634,903)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,173,871)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,163,321)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GrossProfit', window );">Gross profit</a></td>
<td class="nump">635,728<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,175,653<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">741,956<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GeneralAndAdministrativeExpense', window );">General and administrative expenses</a></td>
<td class="num">(1,150,813)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,567,874)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(1,362,302)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_OtherOperatingIncomeExpensesNet', window );">Other operating (income) expenses, net</a></td>
<td class="num">(1,728,909)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(731,061)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">971,970<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EquityInResultsOfAffiliatedCompanies', window );">Equity in results of affiliated companies</a></td>
<td class="nump">71,755<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">125,715<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">135,706<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ProfitLossFromOperatingActivities', window );">Operating result before Financial Income and Taxes</a></td>
<td class="num">(2,172,239)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(997,567)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">487,330<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember', window );">Corporate expenses/elimination [member] | Domestic market [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="num">(3,143,789)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,462,088)<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="num">(2,718,623)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember', window );">Corporate expenses/elimination [member] | Foreign market [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">1,144,614<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,463,870<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">1,297,258<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember', window );">Corporate expenses/elimination [member] | Asia [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Revenue', window );">Net revenues</a></td>
<td class="nump">R$ 1,144,614<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,463,870<span></span>
</td>
<td class="fn" style="border-bottom: 0px;"></td>
<td class="nump">R$ 1,297,258<span></span>
</td>
</tr>
<tr><td colspan="6"></td></tr>
<tr><td colspan="6"><table class="outerFootnotes" width="100%"><tr class="outerFootnote">
<td style="vertical-align: top; width: 12pt;" valign="top">[1]</td>
<td style="vertical-align: top;" valign="top">The table below shows the reconciliation of the equity in results of affiliated companies classified as joint venture and associates and the amount disclosed in the income statement and it is due to the elimination of the results of the CSN's transactions with these companies.</td>
</tr></table></td></tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CostOfSales">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of costs relating to expenses directly or indirectly attributed to the goods or services sold, which may include, but are not limited to, costs previously included in the measurement of inventory that has now been sold, unallocated production overheads and abnormal amounts of production costs of inventories.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 99<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_99&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CostOfSales</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOperatingSegmentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeneralAndAdministrativeExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of expense relating to general and administrative activities of the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeneralAndAdministrativeExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GrossProfit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of revenue less cost of sales. [Refer: Cost of sales; Revenue]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GrossProfit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ProfitLossFromOperatingActivities">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The profit (loss) from operating activities of the entity. [Refer: Profit (loss)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 32<br> -IssueDate 2020-01-01<br> -Paragraph IE33<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=32&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_IE33&amp;doctype=Illustrative%20Examples<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 85<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_85&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ProfitLossFromOperatingActivities</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Revenue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The income arising in the course of an entity's ordinary activities. Income is increases in assets, or decreases in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claims.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 28<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_28_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 23<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_23_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 3: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 32<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_32&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 4: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 33<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_33_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 5: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 8<br> -IssueDate 2020-01-01<br> -Paragraph 34<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=8&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_34&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 6: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 82<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_82_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 7: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 103<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_103&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 8: http://www.xbrl.org/2003/role/exampleRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 102<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_102&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 9: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 5<br> -IssueDate 2020-01-01<br> -Paragraph 33<br> -Subparagraph b<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=5&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_33_b_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 10: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B12<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B12_b_v&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br><br>Reference 11: http://www.xbrl.org/2003/role/exampleRef<br> -Name IFRS<br> -Number 12<br> -IssueDate 2020-01-01<br> -Paragraph B10<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=12&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B10_b&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Revenue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_EquityInResultsOfAffiliatedCompanies">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the equity in results of affiliated companies.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_EquityInResultsOfAffiliatedCompanies</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_OtherOperatingIncomeExpensesNet">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of other operating income expenses net.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_OtherOperatingIncomeExpensesNet</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=sid_DomesticMarketMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=sid_DomesticMarketMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=sid_ForeignMarketMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=sid_ForeignMarketMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=srt_AsiaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=srt_AsiaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=srt_NorthAmericaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=srt_NorthAmericaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=srt_LatinAmericaMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=srt_LatinAmericaMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=srt_EuropeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=srt_EuropeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GeographicalAreasAxis=sid_OthersMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GeographicalAreasAxis=sid_OthersMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=sid_SteelMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=sid_SteelMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=sid_MiningMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=sid_MiningMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=sid_LogisticsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=sid_LogisticsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_Subsegments1Axis=sid_PortMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_Subsegments1Axis=sid_PortMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_Subsegments1Axis=sid_RailroadsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_Subsegments1Axis=sid_RailroadsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=sid_EnergyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=sid_EnergyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=sid_CementMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=sid_CementMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=ifrs-full_EliminationOfIntersegmentAmountsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>194
<FILENAME>R175.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189487256">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>29. SEGMENT INFORMATION (Details Narrative)<br></strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th"><div>Dec. 31, 2020</div></th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SegmentsAxis=sid_EnergyMember', window );">Energy [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfAssets', window );">Description of assets</a></td>
<td class="text">It&#225; Hydroelectric Plant, located in the State of Santa Catarina, with a capacity of 1,450 MW, in which CSN participates with 29.5%; Igarapava Hydroelectric Plant, located in Minas Gerais, with a capacity of 210 MW, in which CSN holds 17.9% of the capital; and 238 MW thermoelectric cogeneration plant, in operation at the Presidente Vargas Steelworks since 1999, which uses waste gas from the steel production itself as fuel.<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_MineriosNacionalMember', window );">Minerios Nacional [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems', window );"><strong>Disclosure of operating segments [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PercentageOfVotingEquityInterestsAcquired', window );">Percentage of ownership</a></td>
<td class="nump">100.00%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfOperatingSegmentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfOperatingSegmentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PercentageOfVotingEquityInterestsAcquired">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The percentage of voting equity interests acquired in a business combination. [Refer: Business combinations [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IFRS<br> -Number 3<br> -IssueDate 2020-01-01<br> -Paragraph B64<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=3&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_B64_c&amp;doctype=Appendix&amp;subtype=B<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PercentageOfVotingEquityInterestsAcquired</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DescriptionOfAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the description of assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DescriptionOfAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SegmentsAxis=sid_EnergyMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SegmentsAxis=sid_EnergyMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_MineriosNacionalMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInAssociatesAxis=sid_MineriosNacionalMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>195
<FILENAME>R176.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026188285224">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsOfBenefitPlan', window );">Actuarial assets</a></td>
<td class="num">R$ (13,819)<span></span>
</td>
<td class="num">R$ (13,714)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LiabilitiesOfBenefitPlan', window );">Actuarial liabilities</a></td>
<td class="nump">758,426<span></span>
</td>
<td class="nump">912,184<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember', window );">Benefits of Pension Plans [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsOfBenefitPlan', window );">Actuarial assets</a></td>
<td class="nump">13,819<span></span>
</td>
<td class="nump">13,714<span></span>
</td>
<td class="nump">R$ 99,894<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LiabilitiesOfBenefitPlan', window );">Actuarial liabilities</a></td>
<td class="nump">79,546<span></span>
</td>
<td class="nump">19,788<span></span>
</td>
<td class="nump">7,982<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember', window );">Post-employment Healthcare Benefits [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LiabilitiesOfBenefitPlan', window );">Actuarial liabilities</a></td>
<td class="nump">R$ 678,880<span></span>
</td>
<td class="nump">R$ 892,396<span></span>
</td>
<td class="nump">R$ 897,137<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AssetsOfBenefitPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets held by retirement benefit plans. [Refer: Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2020-01-01<br> -Paragraph 35<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35_a_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AssetsOfBenefitPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LiabilitiesOfBenefitPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilites held by retirement benefit plans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LiabilitiesOfBenefitPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>196
<FILENAME>R177.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026190980600">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details 1) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
<th class="th"><div>Dec. 31, 2017</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LiabilitiesOfBenefitPlan', window );">Liabilities</a></td>
<td class="nump">R$ 758,426<span></span>
</td>
<td class="nump">R$ 912,184<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsOfBenefitPlan', window );">Assets</a></td>
<td class="nump">13,819<span></span>
</td>
<td class="nump">13,714<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember', window );">Benefits of Pension Plans [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitObligationAtPresentValue', window );">Present value of defined benefit obligation</a></td>
<td class="nump">3,645,822<span></span>
</td>
<td class="nump">3,581,460<span></span>
</td>
<td class="nump">R$ 3,087,433<span></span>
</td>
<td class="nump">R$ 3,077,849<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PlanAssetsAtFairValue1', window );">Fair value of plan assets</a></td>
<td class="num">(3,766,194)<span></span>
</td>
<td class="num">(3,894,488)<span></span>
</td>
<td class="num">(3,403,906)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rou">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_SurplusDeficitInPlan', window );">Deficit(Surplus)</a></td>
<td class="num">(120,372)<span></span>
</td>
<td class="num">(313,028)<span></span>
</td>
<td class="num">(316,473)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RestrictionToActuarialAssetsDueToRecoveryLimitation', window );">Restriction to actuarial assets due to recovery limitation</a></td>
<td class="nump">186,099<span></span>
</td>
<td class="nump">319,102<span></span>
</td>
<td class="nump">224,561<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Liabilities (Assets), net</a></td>
<td class="nump">65,727<span></span>
</td>
<td class="nump">6,074<span></span>
</td>
<td class="num">(91,912)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LiabilitiesOfBenefitPlan', window );">Liabilities</a></td>
<td class="nump">79,546<span></span>
</td>
<td class="nump">19,788<span></span>
</td>
<td class="nump">7,982<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_AssetsOfBenefitPlan', window );">Assets</a></td>
<td class="num">(13,819)<span></span>
</td>
<td class="num">(13,714)<span></span>
</td>
<td class="num">(99,894)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans', window );">Net (assets) recognized in the balance sheet</a></td>
<td class="nump">R$ 65,727<span></span>
</td>
<td class="nump">R$ 6,074<span></span>
</td>
<td class="num">R$ (91,912)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_AssetsOfBenefitPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of assets held by retirement benefit plans. [Refer: Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2020-01-01<br> -Paragraph 35<br> -Subparagraph a<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35_a_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_AssetsOfBenefitPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitObligationAtPresentValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The present value, without deducting any plan assets, of expected future payments required to settle the obligation resulting from employee service in the current and prior periods. [Refer: Plan assets, at fair value]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 57<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_57_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitObligationAtPresentValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_LiabilityAssetOfDefinedBenefitPlans">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of deficit or surplus in a defined benefit plan, adjusted for any effect of limiting a net defined benefit asset to the asset ceiling. [Refer: Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 140<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_140_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_LiabilityAssetOfDefinedBenefitPlans</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SurplusDeficitInPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of any plan assets, less the present value of the defined benefit obligation. [Refer: Plan assets [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 57<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_57_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SurplusDeficitInPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LiabilitiesOfBenefitPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilites held by retirement benefit plans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LiabilitiesOfBenefitPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PlanAssetsAtFairValue1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to plan assets at fair value1.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PlanAssetsAtFairValue1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RestrictionToActuarialAssetsDueToRecoveryLimitation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to restriction to actuarial assets due to recovery limitation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RestrictionToActuarialAssetsDueToRecoveryLimitation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>197
<FILENAME>R178.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026188084968">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details 2) - Benefits of Pension Plans [member] - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PresentValueOfObligationAbstract', window );"><strong>Rollforward of present value of obligation</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitObligationAtPresentValue', window );">Present value of obligations at the beginning of the year</a></td>
<td class="nump">R$ 3,581,460<span></span>
</td>
<td class="nump">R$ 3,087,433<span></span>
</td>
<td class="nump">R$ 3,077,849<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset', window );">Cost of service</a></td>
<td class="nump">968<span></span>
</td>
<td class="nump">1,093<span></span>
</td>
<td class="nump">1,169<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset', window );">Interest cost</a></td>
<td class="nump">236,551<span></span>
</td>
<td class="nump">283,487<span></span>
</td>
<td class="nump">304,132<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContributionsToPlanNetDefinedBenefitLiabilityAsset', window );">Participant contributions made in the period</a></td>
<td class="nump">1,998<span></span>
</td>
<td class="nump">2,126<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BenefitsPaidOrPayable', window );">Benefits paid</a></td>
<td class="num">(278,960)<span></span>
</td>
<td class="num">(269,995)<span></span>
</td>
<td class="num">(280,493)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ActuarialLossgain', window );">Actuarial loss/(gain)</a></td>
<td class="nump">103,805<span></span>
</td>
<td class="nump">477,316<span></span>
</td>
<td class="num">(15,224)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitObligationAtPresentValue', window );">Present value of obligations at the end of the year</a></td>
<td class="nump">R$ 3,645,822<span></span>
</td>
<td class="nump">R$ 3,581,460<span></span>
</td>
<td class="nump">R$ 3,087,433<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BenefitsPaidOrPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of benefits paid or payable for retirement benefit plans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2020-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35_b_v&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BenefitsPaidOrPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContributionsToPlanNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from contributions to a defined benefit plan. [Refer: Net defined benefit liability (asset); Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 141<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_141_f&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContributionsToPlanNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from employee service in the current period. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 141<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_141_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitObligationAtPresentValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The present value, without deducting any plan assets, of expected future payments required to settle the obligation resulting from employee service in the current and prior periods. [Refer: Plan assets, at fair value]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 57<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_57_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitObligationAtPresentValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from the passage of time. [Refer: Interest expense; Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 141<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_141_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ActuarialLossgain">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of actuarial lossgain.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ActuarialLossgain</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PresentValueOfObligationAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PresentValueOfObligationAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>198
<FILENAME>R179.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026179194328">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details 3) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PlanAssetsAtFairValue', window );">Fair value of plan assets at the beginning of the year</a></td>
<td class="nump">R$ 3,894,488<span></span>
</td>
<td class="nump">R$ 3,403,906<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PlanAssetsAtFairValue', window );">Fair value of plan assets at the end of the year</a></td>
<td class="nump">3,766,193<span></span>
</td>
<td class="nump">3,894,488<span></span>
</td>
<td class="nump">R$ 3,403,906<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember', window );">Benefits of Pension Plans [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PlanAssetsAtFairValue', window );">Fair value of plan assets at the beginning of the year</a></td>
<td class="num">(3,894,488)<span></span>
</td>
<td class="num">(3,403,906)<span></span>
</td>
<td class="num">(3,305,356)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InterestIncomeNetDefinedBenefitLiabilityAsset', window );">Interest income</a></td>
<td class="num">(257,946)<span></span>
</td>
<td class="num">(314,102)<span></span>
</td>
<td class="num">(327,830)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BenefitsPaidOrPayable', window );">Benefits paid</a></td>
<td class="nump">278,960<span></span>
</td>
<td class="nump">269,995<span></span>
</td>
<td class="nump">280,493<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset', window );">Participant contributions made in the period</a></td>
<td class="num">(1,998)<span></span>
</td>
<td class="num">(2,127)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset', window );">Return on plan assets (less interest income)</a></td>
<td class="nump">109,279<span></span>
</td>
<td class="num">(444,348)<span></span>
</td>
<td class="num">(51,213)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PlanAssetsAtFairValue', window );">Fair value of plan assets at the end of the year</a></td>
<td class="num">R$ (3,766,193)<span></span>
</td>
<td class="num">R$ (3,894,488)<span></span>
</td>
<td class="num">R$ (3,403,906)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BenefitsPaidOrPayable">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of benefits paid or payable for retirement benefit plans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 26<br> -IssueDate 2020-01-01<br> -Paragraph 35<br> -Subparagraph b<br> -Clause v<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=26&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_35_b_v&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BenefitsPaidOrPayable</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from contributions to a defined benefit plan by plan participants. [Refer: Net defined benefit liability (asset); Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 141<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_141_f&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PlanAssetsAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of defined benefit plan assets. Plan assets comprise assets held by a long-term employee benefit fund and qualifying insurance policies. [Refer: At fair value [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 57<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_57_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PlanAssetsAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from the return on plan assets, excluding amounts included in interest income or expense. The return on plans assets is interest, dividends and other revenue derived from the plan assets, together with realised and unrealised gains or losses on the plan assets, less any costs of managing plan assets and less any tax payable by the plan itself, other than tax included in the actuarial assumptions used to measure the present value of the defined benefit obligation. [Refer: Plan assets [member]; Net defined benefit liability (asset); Actuarial assumptions [member]; Interest expense (income), net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 141<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_141_c_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_InterestIncomeNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to interest income net defined benefit liability asset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_InterestIncomeNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>199
<FILENAME>R180.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191481592">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details 4) - Benefits of Pension Plans [member] - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset', window );">Cost of current service</a></td>
<td class="nump">R$ 968<span></span>
</td>
<td class="nump">R$ 1,093<span></span>
</td>
<td class="nump">R$ 1,169<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset', window );">Interest cost</a></td>
<td class="nump">236,551<span></span>
</td>
<td class="nump">283,487<span></span>
</td>
<td class="nump">304,132<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset', window );">Expected return on plan assets</a></td>
<td class="num">(257,946)<span></span>
</td>
<td class="num">(314,102)<span></span>
</td>
<td class="num">(327,830)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling', window );">Interest on the asset ceiling effect</a></td>
<td class="nump">21,737<span></span>
</td>
<td class="nump">21,502<span></span>
</td>
<td class="nump">16,340<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncomeExpenseFromDefinedBenefitObligation', window );">Total costs / (income), net</a></td>
<td class="nump">R$ 1,310<span></span>
</td>
<td class="num">R$ (8,020)<span></span>
</td>
<td class="num">R$ (6,189)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from employee service in the current period. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 141<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_141_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CurrentServiceCostNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from the gain (loss) on changes in the effect of limiting a net defined benefit asset to the asset ceiling, excluding amounts included in interest income or expense. [Refer: Interest income; Net defined benefit liability (asset); Interest expense (income), net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 141<br> -Subparagraph c<br> -Clause iv<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_141_c_iv&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The increase (decrease) in the net defined benefit liability (asset) resulting from the passage of time. [Refer: Interest expense; Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 141<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_141_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_InterestExpenseIncomeNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to expected return on plan assets net defined benefit liability asset.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExpectedReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncomeExpenseFromDefinedBenefitObligation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to income expense from defined benefit obligation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncomeExpenseFromDefinedBenefitObligation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>200
<FILENAME>R181.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026191578408">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details 5) - Benefits of Pension Plans [member] - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset', window );">Actuarial losses and (gains)</a></td>
<td class="nump">R$ 103,805<span></span>
</td>
<td class="nump">R$ 477,316<span></span>
</td>
<td class="num">R$ (15,224)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset', window );">Return on plan assets (less interest income)</a></td>
<td class="nump">109,279<span></span>
</td>
<td class="num">(444,348)<span></span>
</td>
<td class="num">(51,213)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset', window );">Change in the asset's limit (excluding interest income)</a></td>
<td class="num">(154,741)<span></span>
</td>
<td class="nump">73,039<span></span>
</td>
<td class="nump">50,058<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset', window );">Total cost of actuarial losses and (gains)</a></td>
<td class="nump">R$ 58,343<span></span>
</td>
<td class="nump">R$ 106,007<span></span>
</td>
<td class="num">R$ (16,379)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in a net defined benefit liability (asset) resulting from the remeasurement of that net defined benefit liability (asset). [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 141<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_141_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from the return on plan assets, excluding amounts included in interest income or expense. The return on plans assets is interest, dividends and other revenue derived from the plan assets, together with realised and unrealised gains or losses on the plan assets, less any costs of managing plan assets and less any tax payable by the plan itself, other than tax included in the actuarial assumptions used to measure the present value of the defined benefit obligation. [Refer: Plan assets [member]; Net defined benefit liability (asset); Actuarial assumptions [member]; Interest expense (income), net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 141<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_141_c_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to change in the asset&amp;amp;amp;amp;amp;#8217;s limit (excluding interest income).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to total cost of actuarial losses and (gains).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TotalCostOfActuarialLossesAndGainsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CategoriesOfRelatedPartiesAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>201
<FILENAME>R182.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026190877848">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details 6) - Benefits of Pension Plans [member] - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset', window );">Loss due to change in demographic assumptions</a></td>
<td class="nump">R$ 67,930<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="num">R$ (139,813)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset', window );">Loss due to change in financial assumptions</a></td>
<td class="num">(30,454)<span></span>
</td>
<td class="nump">R$ 472,715<span></span>
</td>
<td class="nump">46,917<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset', window );">Loss due to experience adjustments</a></td>
<td class="nump">66,329<span></span>
</td>
<td class="nump">4,601<span></span>
</td>
<td class="nump">77,672<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset', window );">Return on plan assets (less interest income)</a></td>
<td class="nump">109,279<span></span>
</td>
<td class="num">(444,348)<span></span>
</td>
<td class="num">(51,213)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset', window );">Change in the asset's limit (excluding interest income)</a></td>
<td class="num">(154,741)<span></span>
</td>
<td class="nump">73,039<span></span>
</td>
<td class="nump">50,058<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset', window );">Actuarial losses and (gains)</a></td>
<td class="nump">R$ 58,343<span></span>
</td>
<td class="nump">R$ 106,007<span></span>
</td>
<td class="num">R$ (16,379)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in a net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in demographic assumptions that result in remeasurements of the net defined benefit liability (asset). Demographic assumptions deal with matters such as: (a) mortality; (b) rates of employee turnover, disability and early retirement; (c) the proportion of plan members with dependants who will be eligible for benefits; (d) the proportion of plan members who will select each form of payment option available under the plan terms; and (e) claim rates under medical plans. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 141<br> -Subparagraph c<br> -Clause ii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_141_c_ii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialGainsLossesArisingFromChangesInDemographicAssumptionsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in a net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in financial assumptions that result in remeasurements of the net defined benefit liability (asset). Financial assumptions deal with items such as: (a) the discount rate; (b) benefit levels, excluding any cost of the benefits to be met by employees, and future salary; (c) in the case of medical benefits, future medical costs, including claim handling costs (ie the costs that will be incurred in processing and resolving claims, including legal and adjuster's fees); and (d) taxes payable by the plan on contributions relating to service before the reporting date or on benefits resulting from that service. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 141<br> -Subparagraph c<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_141_c_iii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in a net defined benefit liability (asset) resulting from actuarial gains (losses) arising from experience adjustments that result in remeasurements of the net defined benefit liability (asset). Experience adjustments deal with the effects of differences between the previous actuarial assumptions and what has actually occurred. [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 141<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_141_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialGainsLossesArisingFromExperienceAdjustmentsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in a net defined benefit liability (asset) resulting from the remeasurement of that net defined benefit liability (asset). [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 141<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_141_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from the return on plan assets, excluding amounts included in interest income or expense. The return on plans assets is interest, dividends and other revenue derived from the plan assets, together with realised and unrealised gains or losses on the plan assets, less any costs of managing plan assets and less any tax payable by the plan itself, other than tax included in the actuarial assumptions used to measure the present value of the defined benefit obligation. [Refer: Plan assets [member]; Net defined benefit liability (asset); Actuarial assumptions [member]; Interest expense (income), net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 141<br> -Subparagraph c<br> -Clause i<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_141_c_i&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to change in the asset&amp;amp;amp;amp;amp;#8217;s limit (excluding interest income).</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ChangeInTheAssetsLimitExcludingInterestIncomeNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>202
<FILENAME>R183.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186691768">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details 7)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansAbstract', window );"><strong>Disclosure of defined benefit plans [abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfActuarialFinancingMethod', window );">Actuarial financing method</a></td>
<td class="text">Projected unit credit<span></span>
</td>
<td class="text">Projected unit credit<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DescriptionOfFunctionalCurrency', window );">Functional currency</a></td>
<td class="text">Real (R$)<span></span>
</td>
<td class="text">Real (R$)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfRecognitionOfPlanAssets', window );">Recognition of plan assets</a></td>
<td class="text">Fair value<span></span>
</td>
<td class="text">Fair value<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ActuarialAssumptionOfNominalDiscountRates', window );">Nominal discount rate</a></td>
<td class="text">Millennium Plan: 6,95%  Plan 35%: 6,24%  Supplementation : 6,44%<span></span>
</td>
<td class="text">Millennium Plan: 6,98%  Plan 35%: 6,75%  Supplementation: 6,81%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation', window );">Inflation rate</a></td>
<td class="nump">3.32%<span></span>
</td>
<td class="nump">3.61%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases', window );">Nominal salary increase rate</a></td>
<td class="nump">4.35%<span></span>
</td>
<td class="nump">4.65%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases', window );">Nominal benefit increase rate</a></td>
<td class="nump">3.32%<span></span>
</td>
<td class="nump">3.61%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ActuarialAssumptionOfRateOfReturnsOnInvestments', window );">Rate of return on investments</a></td>
<td class="text">Millennium Plan: 6,95%  Plan 35%: 6,24%  Supplementation : 6,44%<span></span>
</td>
<td class="text">Millennium Plan: 6,98%  Plan 35%: 6,75%  Supplementation: 6,81%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GeneralMortalityTableDescription', window );">General mortality table</a></td>
<td class="text">Millennium Plan: AT-2012 segregated by gender  Plan 35%: AT-2000 Male aggravated by 15%  Supplementation: AT-2000 aggravated by 10% segregated by gender<span></span>
</td>
<td class="text">Millennium Plan: AT-2000 smoothed down by 10% segregated by gender  Plan 35%: AT-2000 Male aggravated by 15%  Supplementation: AT-2000 aggravated by 10% segregated by gender<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisabilityTableDescription', window );">Disability table</a></td>
<td class="text">35% Plan Light Medium.   Millenium Plan: Prudential (-10%) Supplementation: not applicable<span></span>
</td>
<td class="text">35% Plan and Supplementation: Light Medium. Millenium Plan:  Prudential (Ferr. Retirement)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisabilityMortalityTableDescription', window );">Disability mortality table</a></td>
<td class="text">Millenium Plan: AT-71  35% Plan : MI-2006 -10% M&F Supplementation: Winklevoss -10%<span></span>
</td>
<td class="text">Winklevoss - 1%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_TurnoverTableDescription', window );">Turnover table</a></td>
<td class="text">Millenium plan 5% per annum, zero for plans 35% and Supplementation<span></span>
</td>
<td class="text">Millenium plan 5% per annum, zero for plans 35% and Supplementation<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfRetirementAge', window );">Retirement age</a></td>
<td class="text">100% on the first date he/she becomes eligible for programmed retirement benefit under the plan<span></span>
</td>
<td class="text">100% on the first date he/she becomes eligible for programmed retirement benefit under the plan<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfHouseholdOfActiveParticipants', window );">Household of active participants</a></td>
<td class="text">95% will be married at the time of retirement, with the wife being 4 years younger than the husband<span></span>
</td>
<td class="text">95% will be married at the time of retirement, with the wife being 4 years younger than the husband<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The expected rate of inflation that is used as a significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit plans [member]; Defined benefit obligation, at present value; Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 144<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The expected rate of increases in pension that is used as a significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit plans [member]; Defined benefit obligation, at present value; Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 144<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreases</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The expected rate of salary increases used as a significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit plans [member]; Defined benefit obligation, at present value; Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 144<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DescriptionOfFunctionalCurrency">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The description of the currency of the primary economic environment in which the entity operates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 21<br> -IssueDate 2020-01-01<br> -Paragraph 53<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=21&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_53&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 21<br> -IssueDate 2020-01-01<br> -Paragraph 57<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=21&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_57_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DescriptionOfFunctionalCurrency</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ActuarialAssumptionOfNominalDiscountRates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information about actuarial assumption of nominal discount rates.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ActuarialAssumptionOfNominalDiscountRates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ActuarialAssumptionOfRateOfReturnsOnInvestments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to actuarial assumption of rate of returns on investments.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ActuarialAssumptionOfRateOfReturnsOnInvestments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DescriptionOfActuarialFinancingMethod">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information about actuarial financing method.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DescriptionOfActuarialFinancingMethod</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DescriptionOfHouseholdOfActiveParticipants">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information about Household composition of active participants.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DescriptionOfHouseholdOfActiveParticipants</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DescriptionOfRecognitionOfPlanAssets">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information about recognition of plan assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DescriptionOfRecognitionOfPlanAssets</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DescriptionOfRetirementAge">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information about retirement age.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DescriptionOfRetirementAge</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisabilityMortalityTableDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information about disability mortality table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisabilityMortalityTableDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisabilityTableDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information about disability table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisabilityTableDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_GeneralMortalityTableDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information about general mortality table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_GeneralMortalityTableDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_TurnoverTableDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information about disability turnover table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_TurnoverTableDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>203
<FILENAME>R184.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026184207144">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details 8)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember', window );">Plan covering 35% Of The Average Salary [member] | Male [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive', window );">Average life expectancy of employees (in years)</a></td>
<td class="text">18.38<span></span>
</td>
<td class="text">18.38<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AverageLifeExpectancyOfEmployeesThatAreForty', window );">Average life expectancy in years of employees who are 40 (in years)</a></td>
<td class="text">40.15<span></span>
</td>
<td class="text">40.15<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember', window );">Plan covering 35% Of The Average Salary [member] | Female [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive', window );">Average life expectancy of employees (in years)</a></td>
<td class="text">18.38<span></span>
</td>
<td class="text">18.38<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AverageLifeExpectancyOfEmployeesThatAreForty', window );">Average life expectancy in years of employees who are 40 (in years)</a></td>
<td class="text">40.15<span></span>
</td>
<td class="text">40.15<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_AverageSalarySupplementationPlanMember', window );">Average Salary Supplementation Plan [member] | Male [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive', window );">Average life expectancy of employees (in years)</a></td>
<td class="text">18.75<span></span>
</td>
<td class="text">18.75<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AverageLifeExpectancyOfEmployeesThatAreForty', window );">Average life expectancy in years of employees who are 40 (in years)</a></td>
<td class="text">40.60<span></span>
</td>
<td class="text">40.60<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_AverageSalarySupplementationPlanMember', window );">Average Salary Supplementation Plan [member] | Female [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive', window );">Average life expectancy of employees (in years)</a></td>
<td class="text">21.41<span></span>
</td>
<td class="text">21.41<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AverageLifeExpectancyOfEmployeesThatAreForty', window );">Average life expectancy in years of employees who are 40 (in years)</a></td>
<td class="text">44.41<span></span>
</td>
<td class="text">44.41<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_MixedSupplementaryBenefitPlanMember', window );">Mixed Supplementary Benefit Plan [member] | Male [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive', window );">Average life expectancy of employees (in years)</a></td>
<td class="text">21.47<span></span>
</td>
<td class="text">20.45<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AverageLifeExpectancyOfEmployeesThatAreForty', window );">Average life expectancy in years of employees who are 40 (in years)</a></td>
<td class="text">44.07<span></span>
</td>
<td class="text">42.70<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_MixedSupplementaryBenefitPlanMember', window );">Mixed Supplementary Benefit Plan [member] | Female [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive', window );">Average life expectancy of employees (in years)</a></td>
<td class="text">23.34<span></span>
</td>
<td class="text">23.02<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AverageLifeExpectancyOfEmployeesThatAreForty', window );">Average life expectancy in years of employees who are 40 (in years)</a></td>
<td class="text">46.68<span></span>
</td>
<td class="text">46.28<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AverageLifeExpectancyOfEmployeesThatAreForty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information about average life expectancy in years of employees who are 40.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AverageLifeExpectancyOfEmployeesThatAreForty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to average life expectancy of employees that are sixty five.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AverageLifeExpectancyOfEmployeesThatAreSixtyFive</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ParticipantsAxis=sid_MaleMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ParticipantsAxis=sid_MaleMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ParticipantsAxis=sid_FemaleMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ParticipantsAxis=sid_FemaleMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=sid_AverageSalarySupplementationPlanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=sid_AverageSalarySupplementationPlanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=sid_MixedSupplementaryBenefitPlanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=sid_MixedSupplementaryBenefitPlanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>204
<FILENAME>R185.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026190695048">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details 9) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PlanAssetsAtFairValue', window );">Allocation of plan assets</a></td>
<td class="nump">R$ 3,766,193<span></span>
</td>
<td class="nump">R$ 3,894,488<span></span>
</td>
<td class="nump">R$ 3,403,906<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PlanAssetsPercentage', window );">Allocation of plan assets percent</a></td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
<td class="nump">100.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis=sid_VariableIncomeMember', window );">Variable Income [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PlanAssetsAtFairValue', window );">Allocation of plan assets</a></td>
<td class="nump">R$ 54,285<span></span>
</td>
<td class="nump">R$ 25,236<span></span>
</td>
<td class="nump">R$ 141,705<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PlanAssetsPercentage', window );">Allocation of plan assets percent</a></td>
<td class="nump">1.44%<span></span>
</td>
<td class="nump">0.65%<span></span>
</td>
<td class="nump">4.16%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis=sid_FixedIncomeMember', window );">Fixed income [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PlanAssetsAtFairValue', window );">Allocation of plan assets</a></td>
<td class="nump">R$ 3,438,735<span></span>
</td>
<td class="nump">R$ 3,607,398<span></span>
</td>
<td class="nump">R$ 3,050,099<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PlanAssetsPercentage', window );">Allocation of plan assets percent</a></td>
<td class="nump">91.31%<span></span>
</td>
<td class="nump">92.63%<span></span>
</td>
<td class="nump">89.61%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis=sid_RealEstatesMember', window );">Real estate [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PlanAssetsAtFairValue', window );">Allocation of plan assets</a></td>
<td class="nump">R$ 182,145<span></span>
</td>
<td class="nump">R$ 183,098<span></span>
</td>
<td class="nump">R$ 52,091<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PlanAssetsPercentage', window );">Allocation of plan assets percent</a></td>
<td class="nump">4.84%<span></span>
</td>
<td class="nump">4.70%<span></span>
</td>
<td class="nump">1.53%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis=sid_OthersPlanAssetsMember', window );">Others [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_PlanAssetsAtFairValue', window );">Allocation of plan assets</a></td>
<td class="nump">R$ 91,028<span></span>
</td>
<td class="nump">R$ 78,756<span></span>
</td>
<td class="nump">R$ 160,011<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PlanAssetsPercentage', window );">Allocation of plan assets percent</a></td>
<td class="nump">2.42%<span></span>
</td>
<td class="nump">2.02%<span></span>
</td>
<td class="nump">4.70%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_PlanAssetsAtFairValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The fair value of defined benefit plan assets. Plan assets comprise assets held by a long-term employee benefit fund and qualifying insurance policies. [Refer: At fair value [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 57<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_57_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_PlanAssetsAtFairValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PlanAssetsPercentage">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information about plan assets percentage.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PlanAssetsPercentage</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis=sid_VariableIncomeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis=sid_VariableIncomeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis=sid_FixedIncomeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis=sid_FixedIncomeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis=sid_RealEstatesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis=sid_RealEstatesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis=sid_OthersPlanAssetsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DefinedBenefitPlanByPlanAssetsCategoriesAxis=sid_OthersPlanAssetsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>205
<FILENAME>R186.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026182351272">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details 10)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$) </div>
<div>shares</div>
</th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember', window );">Plan covering 35% Of The Average Salary [member] | Possible Increase [member] | Actuarial assumption of discount rates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="nump">0.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="num">R$ (1,005)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="nump">17,381<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember', window );">Plan covering 35% Of The Average Salary [member] | Possible Increase [member] | Actuarial assumption of expected rates of salary increases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="nump">0.50%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember', window );">Plan covering 35% Of The Average Salary [member] | Possible Increase [member] | Actuarial assumption of mortality rates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="nump">0.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="nump">R$ 120<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="nump">1,928<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember', window );">Plan covering 35% Of The Average Salary [member] | Possible Increase [member] | Actuarial assumption of expected rates of pension increases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevelYear', window );">Sensitivity level, year</a></td>
<td class="text">+1 year<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="nump">R$ 850<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="nump">13,626<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember', window );">Plan covering 35% Of The Average Salary [member] | Possible Decrease [member] | Actuarial assumption of discount rates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="num">(0.50%)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="nump">R$ 1,084<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="num">(16,114)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember', window );">Plan covering 35% Of The Average Salary [member] | Possible Decrease [member] | Actuarial assumption of expected rates of salary increases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="num">(0.50%)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember', window );">Plan covering 35% Of The Average Salary [member] | Possible Decrease [member] | Actuarial assumption of mortality rates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="num">(0.50%)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="num">R$ (120)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="num">(1,928)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember', window );">Plan covering 35% Of The Average Salary [member] | Possible Decrease [member] | Actuarial assumption of expected rates of pension increases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevelYear', window );">Sensitivity level, year</a></td>
<td class="text">- 1 year<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="num">R$ (839)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="num">(13,455)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_AverageSalarySupplementationPlanMember', window );">Average Salary Supplementation Plan [member] | Possible Increase [member] | Actuarial assumption of discount rates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="nump">0.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="num">R$ (5,507)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="nump">92,456<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_AverageSalarySupplementationPlanMember', window );">Average Salary Supplementation Plan [member] | Possible Increase [member] | Actuarial assumption of expected rates of salary increases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="nump">0.50%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_AverageSalarySupplementationPlanMember', window );">Average Salary Supplementation Plan [member] | Possible Increase [member] | Actuarial assumption of mortality rates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="nump">0.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="nump">R$ 623<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="nump">9,669<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_AverageSalarySupplementationPlanMember', window );">Average Salary Supplementation Plan [member] | Possible Increase [member] | Actuarial assumption of expected rates of pension increases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevelYear', window );">Sensitivity level, year</a></td>
<td class="text">+1 year<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="nump">R$ 4,382<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="nump">68,039<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_AverageSalarySupplementationPlanMember', window );">Average Salary Supplementation Plan [member] | Possible Decrease [member] | Actuarial assumption of discount rates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="num">(0.50%)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="nump">R$ 5,954<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="num">(85,515)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_AverageSalarySupplementationPlanMember', window );">Average Salary Supplementation Plan [member] | Possible Decrease [member] | Actuarial assumption of expected rates of salary increases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="num">(0.50%)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_AverageSalarySupplementationPlanMember', window );">Average Salary Supplementation Plan [member] | Possible Decrease [member] | Actuarial assumption of mortality rates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="num">(0.50%)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="num">R$ (623)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="num">(9,669)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_AverageSalarySupplementationPlanMember', window );">Average Salary Supplementation Plan [member] | Possible Decrease [member] | Actuarial assumption of expected rates of pension increases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevelYear', window );">Sensitivity level, year</a></td>
<td class="text">- 1 year<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="num">R$ (4,362)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="num">(67,726)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_MixedSupplementaryBenefitPlanMember', window );">Mixed Supplementary Benefit Plan [member] | Possible Increase [member] | Actuarial assumption of discount rates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="nump">0.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="num">R$ (4,758)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="nump">76,188<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_MixedSupplementaryBenefitPlanMember', window );">Mixed Supplementary Benefit Plan [member] | Possible Increase [member] | Actuarial assumption of expected rates of salary increases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="nump">0.50%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="nump">R$ 191<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="nump">1,079<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_MixedSupplementaryBenefitPlanMember', window );">Mixed Supplementary Benefit Plan [member] | Possible Increase [member] | Actuarial assumption of mortality rates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="nump">0.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="nump">R$ 430<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="nump">5,975<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_MixedSupplementaryBenefitPlanMember', window );">Mixed Supplementary Benefit Plan [member] | Possible Increase [member] | Actuarial assumption of expected rates of pension increases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevelYear', window );">Sensitivity level, year</a></td>
<td class="text">+1 year<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="nump">R$ 1,562<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="nump">22,603<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_MixedSupplementaryBenefitPlanMember', window );">Mixed Supplementary Benefit Plan [member] | Possible Decrease [member] | Actuarial assumption of discount rates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="num">(0.50%)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="nump">R$ 5,309<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="num">(68,287)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_MixedSupplementaryBenefitPlanMember', window );">Mixed Supplementary Benefit Plan [member] | Possible Decrease [member] | Actuarial assumption of expected rates of salary increases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="num">(0.50%)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="num">R$ (181)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="num">(1,030)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_MixedSupplementaryBenefitPlanMember', window );">Mixed Supplementary Benefit Plan [member] | Possible Decrease [member] | Actuarial assumption of mortality rates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="num">(0.50%)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="num">R$ (430)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="num">(5,975)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_MixedSupplementaryBenefitPlanMember', window );">Mixed Supplementary Benefit Plan [member] | Possible Decrease [member] | Actuarial assumption of expected rates of pension increases [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevelYear', window );">Sensitivity level, year</a></td>
<td class="text">- 1 year<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="num">R$ (1,541)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations', window );">Effect on present value of obligations | shares</a></td>
<td class="num">(22,306)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to effect on current service cost and on interest on actuarial obligations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_EffectOnPresentValueOfObligations">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to effect on present value of obligations.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_EffectOnPresentValueOfObligations</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SensitivityLevel">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to sensitivity level.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SensitivityLevel</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SensitivityLevelYear">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information by sensitivity level.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SensitivityLevelYear</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PossibleActuarialAssumptionAxis=sid_PossibleIncreaseInActuarialAssumptionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PossibleActuarialAssumptionAxis=sid_PossibleIncreaseInActuarialAssumptionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfDiscountRatesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfDiscountRatesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfMortalityRatesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfMortalityRatesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfExpectedRatesOfPensionIncreasesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PossibleActuarialAssumptionAxis=sid_PossibleDecreaseInActuarialAssumptionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PossibleActuarialAssumptionAxis=sid_PossibleDecreaseInActuarialAssumptionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=sid_AverageSalarySupplementationPlanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=sid_AverageSalarySupplementationPlanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=sid_MixedSupplementaryBenefitPlanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=sid_MixedSupplementaryBenefitPlanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>206
<FILENAME>R187.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026186701560">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details 11) - Benefits of Pension Plans [member]<br> R$ in Thousands</strong></div></th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths', window );">Year 1</a></td>
<td class="nump">R$ 281,314<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo', window );">Year 2</a></td>
<td class="nump">272,801<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree', window );">Year 3</a></td>
<td class="nump">266,342<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour', window );">Year 4</a></td>
<td class="nump">259,595<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive', window );">Year 5</a></td>
<td class="nump">252,578<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter', window );">Next 5 years</a></td>
<td class="nump">1,137,146<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DefinedBenefitPlanForecastFutureBenefitPayments', window );">Total forecast payments</a></td>
<td class="nump">R$ 2,469,776<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DefinedBenefitPlanForecastFutureBenefitPayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of benefits for defined benefit plan Forecast to be paid.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DefinedBenefitPlanForecastFutureBenefitPayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of benefits for defined benefit plan Forecast to be paid in five fiscal years after fifth fiscal year following latest fiscal year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of benefits for defined benefit plan Forecast to be paid in next fiscal year following latest fiscal year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of benefits for defined benefit plan Forecast to be paid in fifth fiscal year following latest fiscal year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of benefits for defined benefit plan Forecast to be paid in fourth fiscal year following latest fiscal year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of benefits for defined benefit plan Forecast to be paid in third fiscal year following latest fiscal year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of benefits for defined benefit plan Forecast to be paid in second fiscal year following latest fiscal year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=ifrs-full_DefinedBenefitPlansOtherThanMultiemployerPlansStatePlansAndPlansThatShareRisksBetweenEntitiesUnderCommonControlMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>207
<FILENAME>R188.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026179224280">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details 12) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LiabilitiesOfBenefitPlan', window );">Actuarial liabilities</a></td>
<td class="nump">R$ 758,426<span></span>
</td>
<td class="nump">R$ 912,184<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember', window );">Post-employment Healthcare Benefits [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitObligationAtPresentValue', window );">Present value of obligations</a></td>
<td class="nump">678,880<span></span>
</td>
<td class="nump">892,396<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LiabilitiesOfBenefitPlan', window );">Actuarial liabilities</a></td>
<td class="nump">R$ 678,880<span></span>
</td>
<td class="nump">R$ 892,396<span></span>
</td>
<td class="nump">R$ 897,137<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitObligationAtPresentValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The present value, without deducting any plan assets, of expected future payments required to settle the obligation resulting from employee service in the current and prior periods. [Refer: Plan assets, at fair value]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 57<br> -Subparagraph a<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_57_a&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitObligationAtPresentValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LiabilitiesOfBenefitPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilites held by retirement benefit plans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LiabilitiesOfBenefitPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>208
<FILENAME>R189.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026232066360">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details 13) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LiabilitiesOfBenefitPlan', window );">Actuarial liability at the beginning of the year</a></td>
<td class="nump">R$ 912,184<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LiabilitiesOfBenefitPlan', window );">Actuarial liability at the end of the year</a></td>
<td class="nump">758,426<span></span>
</td>
<td class="nump">R$ 912,184<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember', window );">Post-employment Healthcare Benefits [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LiabilitiesOfBenefitPlan', window );">Actuarial liability at the beginning of the year</a></td>
<td class="nump">892,396<span></span>
</td>
<td class="nump">897,137<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ExpensesRecognizedInIncomeNetDefinedBenefitLiability', window );">Expenses recognized in income for the year</a></td>
<td class="nump">57,731<span></span>
</td>
<td class="nump">69,907<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability', window );">Sponsor's contributions transferred in prior year</a></td>
<td class="num">(81,340)<span></span>
</td>
<td class="num">(82,081)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RecognitionOfLossGainNetDefinedBenefitLiability', window );">Recognition of actuarial loss/(gain)</a></td>
<td class="num">(189,907)<span></span>
</td>
<td class="nump">7,433<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_LiabilitiesOfBenefitPlan', window );">Actuarial liability at the end of the year</a></td>
<td class="nump">R$ 678,880<span></span>
</td>
<td class="nump">R$ 892,396<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ExpensesRecognizedInIncomeNetDefinedBenefitLiability">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to expenses recognized in income for the year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ExpensesRecognizedInIncomeNetDefinedBenefitLiability</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_LiabilitiesOfBenefitPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of liabilites held by retirement benefit plans.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_LiabilitiesOfBenefitPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RecognitionOfLossGainNetDefinedBenefitLiability">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to recognition of loss gain net defined benefit liability.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RecognitionOfLossGainNetDefinedBenefitLiability</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to sponsor&amp;amp;amp;amp;amp;#8217;s contributions transferred in prior year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SponsorsContributionsTransferredInPriorYearNetDefinedBenefitLiability</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>209
<FILENAME>R190.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026189462408">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details 14) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember', window );">Post-employment Healthcare Benefits [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset', window );">Gain/(loss) recognized in shareholders' equity</a></td>
<td class="num">R$ (189,907)<span></span>
</td>
<td class="nump">R$ 7,433<span></span>
</td>
<td class="nump">R$ 16,237<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in a net defined benefit liability (asset) resulting from the remeasurement of that net defined benefit liability (asset). [Refer: Net defined benefit liability (asset)]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 141<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_141_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_GainLossOnRemeasurementOfNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>210
<FILENAME>R191.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026190941480">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details 15) - Post-employment Healthcare Benefits [member]<br></strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember', window );">Male [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AverageLifeExpectancyOfEmployees', window );">Average life expectancy of employees (in years)</a></td>
<td class="text">20.24<span></span>
</td>
<td class="text">20.24<span></span>
</td>
<td class="text">19.55<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AverageLifeExpectancyOfEmployeesThatAreForty', window );">Average life expectancy in years of employees who are 40 (in years)</a></td>
<td class="text">42.74<span></span>
</td>
<td class="text">  42.74<span></span>
</td>
<td class="text">  41.59<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember', window );">Female [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AverageLifeExpectancyOfEmployees', window );">Average life expectancy of employees (in years)</a></td>
<td class="text">20.24<span></span>
</td>
<td class="text">20.24<span></span>
</td>
<td class="text">22.17<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AverageLifeExpectancyOfEmployeesThatAreForty', window );">Average life expectancy in years of employees who are 40 (in years)</a></td>
<td class="text">42.74<span></span>
</td>
<td class="text">42.74<span></span>
</td>
<td class="text">45.30<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AverageLifeExpectancyOfEmployees">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information about average life expectancy in years of employees who are 65.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AverageLifeExpectancyOfEmployees</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AverageLifeExpectancyOfEmployeesThatAreForty">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information about average life expectancy in years of employees who are 40.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AverageLifeExpectancyOfEmployeesThatAreForty</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ParticipantsAxis=sid_MaleMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ParticipantsAxis=sid_MaleMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ParticipantsAxis=sid_FemaleMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ParticipantsAxis=sid_FemaleMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>211
<FILENAME>R192.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026195607688">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details 16)<br></strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GeneralMortalityTableDescription', window );">General mortality table</a></td>
<td class="text">Millennium Plan: AT-2012 segregated by gender  Plan 35%: AT-2000 Male aggravated by 15%  Supplementation: AT-2000 aggravated by 10% segregated by gender<span></span>
</td>
<td class="text">Millennium Plan: AT-2000 smoothed down by 10% segregated by gender  Plan 35%: AT-2000 Male aggravated by 15%  Supplementation: AT-2000 aggravated by 10% segregated by gender<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation', window );">Inflation rate</a></td>
<td class="nump">3.32%<span></span>
</td>
<td class="nump">3.61%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember', window );">Post-employment Healthcare Benefits [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_GeneralMortalityTableDescription', window );">General mortality table</a></td>
<td class="text">AT 2000 segregated by gender<span></span>
</td>
<td class="text">AT 2000 segregated by gender<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfDiscountRates', window );">Actuarial nominal discount rate</a></td>
<td class="nump">6.53%<span></span>
</td>
<td class="nump">6.78%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation', window );">Inflation rate</a></td>
<td class="nump">3.32%<span></span>
</td>
<td class="nump">3.61%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RealIncreaseInMedicalCostsBasedOnAgeAgingFactor', window );">Real increase in medical costs based on age (Aging Factor)</a></td>
<td class="text">0,5% - 3,00% real per year<span></span>
</td>
<td class="text">0,5% - 3,00% real per year<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates', window );">Nominal increase medical costs growth rate</a></td>
<td class="nump">4.10%<span></span>
</td>
<td class="nump">6.98%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionOfDiscountRates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The discount rate used as the significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit obligation, at present value; Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 144<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfDiscountRates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The expected rate of inflation that is used as a significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit plans [member]; Defined benefit obligation, at present value; Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 144<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfExpectedRatesOfInflation</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Medical cost trend rate used as significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit obligation, at present value; Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 144<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfMedicalCostTrendRates</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_GeneralMortalityTableDescription">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the information about general mortality table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_GeneralMortalityTableDescription</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RealIncreaseInMedicalCostsBasedOnAgeAgingFactor">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Real increase in medical costs based on age (Aging Factor)</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RealIncreaseInMedicalCostsBasedOnAgeAgingFactor</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>212
<FILENAME>R193.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026184585624">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details 17) - Healthcare plan [member]<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$) </div>
<div>shares</div>
</th></tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_HealthcarePlanMember', window );">Possible Increase [member] | Actuarial assumption of discount rates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="nump">0.50%<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="nump">R$ 1,216<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations1', window );">Effect on present value of obligations | shares</a></td>
<td class="num">(30,300)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_HealthcarePlanMember', window );">Possible Increase [member] | Actuarial assumption of medical inflation [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="nump">1.00%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="nump">R$ 4,749<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations1', window );">Effect on present value of obligations | shares</a></td>
<td class="nump">72,688<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_HealthcarePlanMember', window );">Possible Increase [member] | Actuarial assumption of mortality table [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevelYear', window );">Sensitivity level, year</a></td>
<td class="text">+1 year<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="nump">R$ 3,123<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations1', window );">Effect on present value of obligations | shares</a></td>
<td class="nump">47,797<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_HealthcarePlanMember', window );">Possible Decrease [member] | Actuarial assumption of discount rates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="num">(0.50%)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="num">R$ (1,339)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations1', window );">Effect on present value of obligations | shares</a></td>
<td class="nump">33,447<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_HealthcarePlanMember', window );">Actuarial assumption of medical inflation [member] | Actuarial assumption of discount rates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevel', window );">Sensitivity level</a></td>
<td class="num">(1.00%)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="num">R$ (3,978)<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations1', window );">Effect on present value of obligations | shares</a></td>
<td class="num">(60,887)<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_HealthcarePlanMember', window );">Actuarial assumption of mortality table [member] | Actuarial assumption of mortality rates [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_SensitivityLevelYear', window );">Sensitivity level, year</a></td>
<td class="text">- 1 year<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1', window );">Effect on current service cost and on interest on actuarial obligations | R$</a></td>
<td class="num">R$ (2,925)<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_EffectOnPresentValueOfObligations1', window );">Effect on present value of obligations | shares</a></td>
<td class="num">(44,768)<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to effect on current service cost and on interest on actuarial obligations1.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_EffectOnCurrentServiceCostAndOnInterestOnActuarialObligations1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_EffectOnPresentValueOfObligations1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to effect on present value of obligations1.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_EffectOnPresentValueOfObligations1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SensitivityLevel">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to sensitivity level.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SensitivityLevel</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SensitivityLevelYear">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information by sensitivity level.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SensitivityLevelYear</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=sid_HealthcarePlanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=sid_HealthcarePlanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PossibleActuarialAssumptionAxis=sid_PossibleIncreaseInActuarialAssumptionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PossibleActuarialAssumptionAxis=sid_PossibleIncreaseInActuarialAssumptionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfDiscountRatesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfDiscountRatesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionsAxis=sid_ActuarialAssumptionOfMedicalInflationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=sid_ActuarialAssumptionOfMedicalInflationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionsAxis=sid_ActuarialAssumptionOfMortalityTableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=sid_ActuarialAssumptionOfMortalityTableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PossibleActuarialAssumptionAxis=sid_PossibleDecreaseInActuarialAssumptionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PossibleActuarialAssumptionAxis=sid_PossibleDecreaseInActuarialAssumptionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PossibleActuarialAssumptionAxis=sid_ActuarialAssumptionOfMedicalInflationMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PossibleActuarialAssumptionAxis=sid_ActuarialAssumptionOfMedicalInflationMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PossibleActuarialAssumptionAxis=sid_ActuarialAssumptionOfMortalityTableMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PossibleActuarialAssumptionAxis=sid_ActuarialAssumptionOfMortalityTableMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfMortalityRatesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionsAxis=ifrs-full_ActuarialAssumptionOfMortalityRatesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>213
<FILENAME>R194.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026195357032">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details 18) - Post-employment Healthcare Benefits [member]<br> R$ in Thousands</strong></div></th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths', window );">Year 1</a></td>
<td class="nump">R$ 60,143<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo', window );">Year 2</a></td>
<td class="nump">58,312<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree', window );">Year 3</a></td>
<td class="nump">56,323<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour', window );">Year 4</a></td>
<td class="nump">54,177<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive', window );">Year 5</a></td>
<td class="nump">51,892<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter', window );">Next 5 years</a></td>
<td class="nump">221,734<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DefinedBenefitPlanForecastFutureBenefitPayments', window );">Total forecast payments</a></td>
<td class="nump">R$ 502,581<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DefinedBenefitPlanForecastFutureBenefitPayments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of benefits for defined benefit plan Forecast to be paid.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DefinedBenefitPlanForecastFutureBenefitPayments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of benefits for defined benefit plan Forecast to be paid in five fiscal years after fifth fiscal year following latest fiscal year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DefinedBenefitPlanForecastFutureBenefitPaymentsFiveFiscalYearsThereafter</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of benefits for defined benefit plan Forecast to be paid in next fiscal year following latest fiscal year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DefinedBenefitPlanForecastFutureBenefitPaymentsNextTwelveMonths</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of benefits for defined benefit plan Forecast to be paid in fifth fiscal year following latest fiscal year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFive</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of benefits for defined benefit plan Forecast to be paid in fourth fiscal year following latest fiscal year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearFour</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of benefits for defined benefit plan Forecast to be paid in third fiscal year following latest fiscal year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearThree</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount of benefits for defined benefit plan Forecast to be paid in second fiscal year following latest fiscal year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DefinedBenefitPlanForecastFutureBenefitPaymentsYearTwo</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=sid_PostEmploymentHealthcareBenefitsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>214
<FILENAME>R195.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026190960648">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>30. EMPLOYEE BENEFITS (Details Narrative) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="2">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NumberOfSharesHeld', window );">Number of common shares held</a></td>
<td class="nump">4,450,652<span></span>
</td>
<td class="nump">1,870,652<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PlanAssetsValue', window );">Total guarantee resources</a></td>
<td class="nump">R$ 5,700,000<span></span>
</td>
<td class="nump">R$ 5,500,000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases', window );">Percentage of average salary</a></td>
<td class="nump">4.35%<span></span>
</td>
<td class="nump">4.65%<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PensionPlanExpense', window );">Pension plan expense</a></td>
<td class="nump">R$ 41,050<span></span>
</td>
<td class="nump">R$ 40,644<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfInvestmentPolicy', window );">Description of investment policy</a></td>
<td class="text">The investment plan is reviewed annually and approved by the Deliberative Council, considering a 5-year horizon, as established by CGPC resolution no. 7, of December 4, 2003. The investment limits and criteria established in the policy are based on Resolution 4,661 / 18, published by the National Monetary Council (&#8220;CMN&#8221;).<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_DefinedBenefitPlanMember', window );">Defined benefit plan [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfPensionFundMarket', window );">Description of pension fund market</a></td>
<td class="text">In compliance with current legislation, specific to the pension fund market, for the last 4 years ended (2017, 2018, 2019 and 2020), there was no need to pay installments by CSN, since the benefit plans defined actuarial gains in the year.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember', window );">Plan covering 35% Of The Average Salary [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases', window );">Percentage of average salary</a></td>
<td class="nump">35.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ParticipantsSalaryTerm', window );">Participant's salary term</a></td>
<td class="text">12 months<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_AverageSalarySupplementationPlanMember', window );">Average Salary Supplementation Plan [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases', window );">Percentage of average salary</a></td>
<td class="nump">35.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ParticipantsSalaryTerm', window );">Participant's salary term</a></td>
<td class="text">12 months<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DefinedBenefitPlansAxis=sid_MixedSupplementaryBenefitPlanMember', window );">Mixed Supplementary Benefit Plan [member] | 2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems', window );"><strong>Disclosure of defined benefit plans [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan', window );">Contributions forecast to be paid 2020</a></td>
<td class="nump">R$ 21,563<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset', window );">Contributions amount</a></td>
<td class="nump">R$ 1,322<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The expected rate of salary increases used as a significant actuarial assumption to determine the present value of a defined benefit obligation. [Refer: Defined benefit plans [member]; Defined benefit obligation, at present value; Actuarial assumptions [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 144<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_144&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ActuarialAssumptionOfExpectedRatesOfSalaryIncreases</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The decrease (increase) in the net defined benefit liability (asset) resulting from contributions to a defined benefit plan by plan participants. [Refer: Net defined benefit liability (asset); Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 141<br> -Subparagraph f<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_141_f&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ContributionsToPlanByPlanParticipantsNetDefinedBenefitLiabilityAsset</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfDefinedBenefitPlansLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfDefinedBenefitPlansLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The estimate of the expected contributions to be made to a defined benefit plan for the next annual reporting period. [Refer: Defined benefit plans [member]]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 147<br> -Subparagraph b<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_147_b&amp;doctype=Standard<br> -URIDate 2020-01-01<br><br>Reference 2: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 19<br> -IssueDate 2020-01-01<br> -Paragraph 148<br> -Subparagraph d<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=19&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_148_d_iii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_EstimateOfContributionsExpectedToBePaidToPlan</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DescriptionOfInvestmentPolicy">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the description of investment policy.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DescriptionOfInvestmentPolicy</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DescriptionOfPensionFundMarket">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the description of pension fund market.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DescriptionOfPensionFundMarket</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_NumberOfSharesHeld">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represents the number of common shares held.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_NumberOfSharesHeld</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ParticipantsSalaryTerm">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to participants salary term.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ParticipantsSalaryTerm</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:durationItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PensionPlanExpense">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to pension plan expense.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PensionPlanExpense</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PlanAssetsValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to plan assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PlanAssetsValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=sid_DefinedBenefitPlanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=sid_DefinedBenefitPlanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=sid_PlanCoveringThirtyFivePercentOfTheAverageSalaryMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=sid_AverageSalarySupplementationPlanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=sid_AverageSalarySupplementationPlanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DefinedBenefitPlansAxis=sid_MixedSupplementaryBenefitPlanMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DefinedBenefitPlansAxis=sid_MixedSupplementaryBenefitPlanMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>215
<FILENAME>R196.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026180947000">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>31. COMMITMENTS (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CapitalCommitments', window );">Take-or-pay contracts</a></td>
<td class="nump">R$ 2,108,961<span></span>
</td>
<td class="nump">R$ 2,603,716<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">8,287,106<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember', window );">2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CapitalCommitments', window );">Take-or-pay contracts</a></td>
<td class="nump">1,913,292<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember', window );">2022 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CapitalCommitments', window );">Take-or-pay contracts</a></td>
<td class="nump">1,262,324<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember', window );">2023 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CapitalCommitments', window );">Take-or-pay contracts</a></td>
<td class="nump">1,251,927<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_MaturityAxis=sid_LaterThanFourYearsMember', window );">After 2023 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CapitalCommitments', window );">Take-or-pay contracts</a></td>
<td class="nump">3,859,563<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember', window );">Transportation of Iron Ore, Coal, Coke, Steel Products, Cement and Mining Products [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CapitalCommitments', window );">Take-or-pay contracts</a></td>
<td class="nump">946,865<span></span>
</td>
<td class="nump">1,555,398<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">7,062,394<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember', window );">Transportation of Iron Ore, Coal, Coke, Steel Products, Cement and Mining Products [member] | 2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">1,195,158<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember', window );">Transportation of Iron Ore, Coal, Coke, Steel Products, Cement and Mining Products [member] | 2022 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">1,195,508<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember', window );">Transportation of Iron Ore, Coal, Coke, Steel Products, Cement and Mining Products [member] | 2023 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">1,195,508<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember', window );">Transportation of Iron Ore, Coal, Coke, Steel Products, Cement and Mining Products [member] | After 2023 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">3,476,220<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember', window );">Supply of Power, Natural Gas, Oxygen, Nitrogen, Argon and Iron Ore Pellets [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CapitalCommitments', window );">Take-or-pay contracts</a></td>
<td class="nump">1,044,380<span></span>
</td>
<td class="nump">959,362<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">918,971<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember', window );">Supply of Power, Natural Gas, Oxygen, Nitrogen, Argon and Iron Ore Pellets [member] | 2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">674,378<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember', window );">Supply of Power, Natural Gas, Oxygen, Nitrogen, Argon and Iron Ore Pellets [member] | 2022 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">28,530<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember', window );">Supply of Power, Natural Gas, Oxygen, Nitrogen, Argon and Iron Ore Pellets [member] | 2023 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">24,779<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember', window );">Supply of Power, Natural Gas, Oxygen, Nitrogen, Argon and Iron Ore Pellets [member] | After 2023 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">191,284<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember', window );">Processing of slag generated during pig iron and steel production [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CapitalCommitments', window );">Take-or-pay contracts</a></td>
<td class="nump">75,863<span></span>
</td>
<td class="nump">56,024<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">25,190<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember', window );">Processing of slag generated during pig iron and steel production [member] | 2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">13,240<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember', window );">Processing of slag generated during pig iron and steel production [member] | 2022 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">9,298<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember', window );">Processing of slag generated during pig iron and steel production [member] | 2023 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">2,652<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember', window );">Processing of slag generated during pig iron and steel production [member] | After 2023 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">0<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember', window );">Manufacturing, Repair, Recovery and Production of Ingot Casting Machine Units [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CapitalCommitments', window );">Take-or-pay contracts</a></td>
<td class="nump">7,674<span></span>
</td>
<td class="nump">5,930<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">480<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember', window );">Manufacturing, Repair, Recovery and Production of Ingot Casting Machine Units [member] | 2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">480<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_OilStorageAndHandlingMember', window );">Oil Storage and Handling [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CapitalCommitments', window );">Take-or-pay contracts</a></td>
<td class="nump">1,900<span></span>
</td>
<td class="text"> <span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">5,226<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_OilStorageAndHandlingMember', window );">Oil Storage and Handling [member] | 2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">1,608<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_OilStorageAndHandlingMember', window );">Oil Storage and Handling [member] | 2022 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">1,608<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_OilStorageAndHandlingMember', window );">Oil Storage and Handling [member] | 2023 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">1,608<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_OilStorageAndHandlingMember', window );">Oil Storage and Handling [member] | After 2023 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">402<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_LaborAndConsultancyServicesMember', window );">Labor and Consultancy Services [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CapitalCommitments', window );">Take-or-pay contracts</a></td>
<td class="nump">32,279<span></span>
</td>
<td class="nump">R$ 27,002<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">274,845<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_LaborAndConsultancyServicesMember', window );">Labor and Consultancy Services [member] | 2021 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">28,428<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_LaborAndConsultancyServicesMember', window );">Labor and Consultancy Services [member] | 2022 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">27,380<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_LaborAndConsultancyServicesMember', window );">Labor and Consultancy Services [member] | 2023 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">27,380<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_TypesOfContractsAxis=sid_LaborAndConsultancyServicesMember', window );">Labor and Consultancy Services [member] | After 2023 [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts', window );">Minimum future payments of take-or-pay contracts</a></td>
<td class="nump">R$ 191,657<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CapitalCommitments">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of future capital expenditures that the entity is committed to make.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 112<br> -Subparagraph c<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_112_c&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CapitalCommitments</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfCommitmentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfCommitmentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_MinimumFuturePaymentsOfTakeOrPayContracts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount represent the minimum future payments of take-or-pay contracts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_MinimumFuturePaymentsOfTakeOrPayContracts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_NotLaterThanOneYearMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanOneYearAndNotLaterThanTwoYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=ifrs-full_LaterThanTwoYearsAndNotLaterThanThreeYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_MaturityAxis=sid_LaterThanFourYearsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_MaturityAxis=sid_LaterThanFourYearsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfContractsAxis=sid_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfContractsAxis=sid_TransportationOfIronOreCoalCokeSteelProductsCementAndMiningProductsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfContractsAxis=sid_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfContractsAxis=sid_SupplyOfPowerNaturalGasOxygenNitrogenArgonAndIronOrePelletsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfContractsAxis=sid_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfContractsAxis=sid_ProcessingOfSlagGeneratedDuringPigIronAndSteelProductionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfContractsAxis=sid_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfContractsAxis=sid_ManufacturingRepairRecoveryAndProductionOfIngotCastingMachineUnitsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfContractsAxis=sid_OilStorageAndHandlingMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfContractsAxis=sid_OilStorageAndHandlingMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfContractsAxis=sid_LaborAndConsultancyServicesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfContractsAxis=sid_LaborAndConsultancyServicesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>216
<FILENAME>R197.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026227746808">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>31. COMMITMENTS (Details Narrative)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfProgressProjectPosts', window );">Percentage of progress project posts</a></td>
<td class="nump">54.00%<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LegalEntityAxis=sid_TransnordestinaLogisticaSAMember', window );">Transnordestina logistica s.a [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DisclosureOfCommitmentsLineItems', window );"><strong>DisclosureOfCommitmentsLineItems [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ConsessionExpireYear', window );">Consession expire year</a></td>
<td class="text">2057<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ApprovedConstructionInvestment', window );">Approved construction investment</a></td>
<td class="nump">R$ 7,542<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfCurrentlyApprovedBudget', window );">Description of currently approved budget</a></td>
<td class="text">Miss&#227;o Velha - Salgueiro amounting to R$0.4 billion, Salgueiro - Trindade amounting to R$0.7 billion, Trindade - Eliseu Martins amounting to R$2.4 billion, Miss&#227;o Velha - Port of Pec&#233;m amounting to R$3 billion, Salgueiro - Port of Suape amounting to R$4.7 billion, totaling R$11.2 billion.<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ProposedAmount', window );">Proposed amount</a></td>
<td class="nump">R$ 13,200,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DescriptionOfGuaranteesOfFinancingGranted', window );">Description of guarantees of financing granted</a></td>
<td class="text">The Company guarantees 100% of the financing obtained by TLSA from Banco do Nordeste / FNE and BNDES, as well as 50.97% of the debentures issued by the FDNE (considers 48.47% of corporate guarantee, 1.25% of letter of guarantee) for BNB and 1.25% corporate guarantee for BNB).<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfDebentureConverted', window );">Percentage of debentures converted</a></td>
<td class="nump">50.00%<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ApprovedConstructionInvestment">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount represent the approved construction investment.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ApprovedConstructionInvestment</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ConsessionExpireYear">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent the consession expire year.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ConsessionExpireYear</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DescriptionOfCurrentlyApprovedBudget">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Information pertaininig to currently approved budget.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DescriptionOfCurrentlyApprovedBudget</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DescriptionOfGuaranteesOfFinancingGranted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Informaton pertaining to guarantees of financing granted.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DescriptionOfGuaranteesOfFinancingGranted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DisclosureOfCommitmentsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DisclosureOfCommitmentsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PercentageOfDebentureConverted">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage represent the debentures converted into shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PercentageOfDebentureConverted</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PercentageOfProgressProjectPosts">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Percentage represent the progress project posts.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PercentageOfProgressProjectPosts</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ProposedAmount">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount represent proposed from third parties.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ProposedAmount</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LegalEntityAxis=sid_TransnordestinaLogisticaSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LegalEntityAxis=sid_TransnordestinaLogisticaSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>217
<FILENAME>R198.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026182802264">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>32. INSURANCE (Details Narrative) - Operational risk insurance policy [member] - USD<br> $ in Thousands</strong></div></th>
<th class="th" colspan="1">12 Months Ended</th>
</tr>
<tr><th class="th">
<div>Dec. 31, 2020 </div>
<div>USD ($)</div>
</th></tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTypesOfInsuranceContractsLineItems', window );"><strong>Disclosure of types of insurance contracts [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DeductibleMaterialDamages', window );">Deductible material damages</a></td>
<td class="nump">$ 385,000<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DaysForLosOfProfits', window );">Days for loss of profits</a></td>
<td class="text">45<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisaggregationOfInsuranceContractsAxis=ifrs-full_InsuranceContractsIssuedMember', window );">Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfTypesOfInsuranceContractsLineItems', window );"><strong>Disclosure of types of insurance contracts [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IndemnityLimit', window );">Indemnity Limit</a></td>
<td class="nump">$ 600,000<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfTypesOfInsuranceContractsLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfTypesOfInsuranceContractsLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DaysForLosOfProfits">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of days for los of profits.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DaysForLosOfProfits</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DeductibleMaterialDamages">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the deductible material damages.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DeductibleMaterialDamages</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IndemnityLimit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the indemnity limit.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IndemnityLimit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisaggregationOfInsuranceContractsAxis=ifrs-full_InsuranceContractsIssuedMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisaggregationOfInsuranceContractsAxis=ifrs-full_InsuranceContractsIssuedMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_USD">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_USD</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>218
<FILENAME>R199.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026190349848">
<tr>
<th class="tl" colspan="1" rowspan="2"><div style="width: 200px;"><strong>33. ADDITIONAL INFORMATION TO CASH FLOWS (Details) - BRL (R$)<br> R$ in Thousands</strong></div></th>
<th class="th" colspan="3">12 Months Ended</th>
</tr>
<tr>
<th class="th"><div>Dec. 31, 2020</div></th>
<th class="th"><div>Dec. 31, 2019</div></th>
<th class="th"><div>Dec. 31, 2018</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionalInformationToCashFlowsAbstract', window );"><strong>Additional Information To Cash Flows [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdjustmentsForIncomeTaxAndSocialContributionPaid', window );">Income tax and social contribution paid</a></td>
<td class="nump">R$ 542,877<span></span>
</td>
<td class="nump">R$ 1,167,419<span></span>
</td>
<td class="nump">R$ 336,962<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest', window );">Addition to PP&amp;E with interest capitalization (notes 11 and 28)</a></td>
<td class="nump">92,506<span></span>
</td>
<td class="nump">117,189<span></span>
</td>
<td class="nump">71,611<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_InitialAdoptionRightOfUse', window );">Initial adoption IFRS16 - Right of use</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">640,989<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RemeasurementRightOfUse1', window );">Remeasurement and addition - Right of use (note 11 a)</a></td>
<td class="nump">109,993<span></span>
</td>
<td class="num">(151,558)<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionToPpeWithoutAddingCash', window );">Addition to PP&amp;E without adding cash</a></td>
<td class="nump">30,345<span></span>
</td>
<td class="nump">278,213<span></span>
</td>
<td class="nump">10,792<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_CapitalizationInSubsidiariesWithoutCash', window );">Capitalization in subsidiaries without cash</a></td>
<td class="nump">104,809<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_AdditionToInvestmentPropertyWithoutCashEffect', window );">Addition to investment property without cash effect</a></td>
<td class="nump">61,597<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="reu">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NetAdditionalCash', window );">Net additional cash</a></td>
<td class="nump">R$ 942,127<span></span>
</td>
<td class="nump">R$ 2,052,252<span></span>
</td>
<td class="nump">R$ 419,365<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdditionToInvestmentPropertyWithoutCashEffect">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the addition to investment property without cash effect.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdditionToInvestmentPropertyWithoutCashEffect</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdditionToPpeWithoutAddingCash">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the addition to ppe without adding cash.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdditionToPpeWithoutAddingCash</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdditionalInformationToCashFlowsAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- References</a><div><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdditionalInformationToCashFlowsAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow from addition to PP&amp;amp;amp;amp;amp;amp;E with interest capitalization.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdditionsFromAcquisitionsInvestmentPropertyWithCapitalisedInterest</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_AdjustmentsForIncomeTaxAndSocialContributionPaid">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow from a income tax and social contribution paid.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_AdjustmentsForIncomeTaxAndSocialContributionPaid</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_CapitalizationInSubsidiariesWithoutCash">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the capitalization in subsidiaries without cash.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_CapitalizationInSubsidiariesWithoutCash</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_InitialAdoptionRightOfUse">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The cash outflow for adoption to right-of-use assets.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_InitialAdoptionRightOfUse</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_NetAdditionalCash">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Amount refers to the net additionl cash.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_NetAdditionalCash</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RemeasurementRightOfUse1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount refers to remeasurement right of use1.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RemeasurementRightOfUse1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>219
<FILENAME>R200.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.21.1</span><table class="report" border="0" cellspacing="2" id="idm140026184701944">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>34. SUBSEQUENT EVENTS (Details Narrative)<br> R$ / shares in Units, R$ in Thousands, $ in Thousands</strong></div></th>
<th class="th">
<div>Feb. 22, 2021 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Feb. 17, 2021 </div>
<div>BRL (R$) </div>
<div>R$ / shares </div>
<div>shares</div>
</th>
<th class="th">
<div>Jan. 31, 2021 </div>
<div>USD ($) </div>
<div>shares</div>
</th>
<th class="th">
<div>Jan. 31, 2021 </div>
<div>BRL (R$) </div>
<div>shares</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>USD ($)</div>
</th>
<th class="th">
<div>Dec. 31, 2020 </div>
<div>BRL (R$)</div>
</th>
<th class="th">
<div>Dec. 31, 2019 </div>
<div>BRL (R$)</div>
</th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CapitalReserve', window );">Statutory reserve</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 32,720<span></span>
</td>
<td class="nump">R$ 32,720<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Debt</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 35,370,611<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_srt_CurrencyAxis=currency_USD', window );">USD</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Debt | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 24,901,552<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=sid_EventAfterReportingPeriodMember', window );">Event after reporting period [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_CapitalReserve', window );">Statutory reserve</a></td>
<td class="nump">R$ 1,500,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_IncreaseDecreaseInCapital', window );">Increase in the capital</a></td>
<td class="nump">R$ 6,040,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=sid_EventAfterReportingPeriodMember', window );">Event after reporting period [member] | CSN Mineracao SA [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_ShareCapital', window );">Share capital</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 5,430,057,060<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_RatioOfShareSplit', window );">Ratio of share split</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">01:30<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=sid_EventAfterReportingPeriodMember', window );">Event after reporting period [member] | CSN Mineracao SA [member] | Primary Distribution [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesIssued', window );">Number of share issued | shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">161,189,078<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NumberOfShareIssuedValue', window );">Number of share issued, value</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 1,370,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Share price (in R$ per share) | R$ / shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 8.50<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=sid_EventAfterReportingPeriodMember', window );">Event after reporting period [member] | CSN Mineracao SA [member] | Secondary Distribution [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NumberOfSharesIssued', window );">Number of share issued | shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">372,749,743<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_NumberOfShareIssuedValue', window );">Number of share issued, value</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 2,785,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_ParValuePerShare', window );">Share price (in R$ per share) | R$ / shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 8.50<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=sid_EventAfterReportingPeriodMember', window );">Event after reporting period [member] | CSN Mineracao SA [member] | Top of range [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfAdditionalSharesHeldByCurrentShareholders', window );">Percentage of additional shares held by the current shareholders</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">20.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfAdditionalSharesHeldByMajorityShareholder', window );">Percentage of additional shares held by the majority shareholder</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">15.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=sid_EventAfterReportingPeriodMember', window );">Event after reporting period [member] | NCEs [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DebtAmortized', window );">Debt amortized</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 315,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=sid_EventAfterReportingPeriodMember', window );">Event after reporting period [member] | Export prepayment contracts [member] | USD</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_Borrowings', window );">Debt | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 265,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_BorrowingsMaturity', window );">Debt maturity year</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">2022<span></span>
</td>
<td class="text">2022<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DebtReprofiling', window );">Debt reprofiling | $</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">$ 79,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_DebtMaturityYearPostponed', window );">Debt maturity year postponed</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">2023<span></span>
</td>
<td class="text">2023<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=sid_EventAfterReportingPeriodMember', window );">Event after reporting period [member] | Debentures [member]</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems', window );"><strong>Disclosure of non-adjusting events after reporting period [line items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BuyBackOfDebenturesShares', window );">Buy back of debentures, shares | shares</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">450,000<span></span>
</td>
<td class="nump">450,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_BuyBackOfDebenturesValue', window );">Buy back of debentures, value</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">R$ 391,000<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl custom" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_sid_PercentageOfBuyBackOfDebentures', window );">Percentage of buy back of debentures</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="nump">23.00%<span></span>
</td>
<td class="nump">23.00%<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_Borrowings">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of outstanding funds that the entity is obligated to repay.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_Borrowings</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_BorrowingsMaturity">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The maturity of borrowings. [Refer: Borrowings]</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IFRS<br> -Number 7<br> -IssueDate 2020-01-01<br> -Paragraph 7<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&amp;num=7&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_7&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_BorrowingsMaturity</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_CapitalReserve">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A component of equity representing the capital reserves.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 55<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_55&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_CapitalReserve</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NumberOfSharesIssued">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The number of shares issued by the entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 106<br> -Subparagraph d<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_106_d&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NumberOfSharesIssued</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ParValuePerShare">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The nominal value per share.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/disclosureRef<br> -Name IAS<br> -Number 1<br> -IssueDate 2020-01-01<br> -Paragraph 79<br> -Subparagraph a<br> -Clause iii<br> -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&amp;num=1&amp;code=ifrs-tx-2020-en-r&amp;anchor=para_79_a_iii&amp;doctype=Standard<br> -URIDate 2020-01-01<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ParValuePerShare</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>ifrs-full_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:perShareItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>instant</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BuyBackOfDebenturesShares">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the buy back of debentures shares.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BuyBackOfDebenturesShares</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:sharesItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_BuyBackOfDebenturesValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of buy back of debentures value.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_BuyBackOfDebenturesValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DebtAmortized">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the debt amortized.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DebtAmortized</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DebtMaturityYearPostponed">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the debt maturity year postponed.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DebtMaturityYearPostponed</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_DebtReprofiling">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the debt reprofiling.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_DebtReprofiling</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_IncreaseDecreaseInCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount of increase decrease in capital.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_IncreaseDecreaseInCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_NumberOfShareIssuedValue">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represents number of shares issued.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_NumberOfShareIssuedValue</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>debit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PercentageOfAdditionalSharesHeldByCurrentShareholders">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the percentage of additional shares held by current shareholders.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PercentageOfAdditionalSharesHeldByCurrentShareholders</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PercentageOfAdditionalSharesHeldByMajorityShareholder">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the percentage of additional shares held by majority shareholder.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PercentageOfAdditionalSharesHeldByMajorityShareholder</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_PercentageOfBuyBackOfDebentures">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the percentage of buy back of debentures.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_PercentageOfBuyBackOfDebentures</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>num:percentItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_RatioOfShareSplit">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Represent information about the ratio of share split.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_RatioOfShareSplit</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_ShareCapital">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The amount represents share capital.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_ShareCapital</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>sid_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:monetaryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>credit</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_srt_CurrencyAxis=currency_USD">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">srt_CurrencyAxis=currency_USD</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=sid_EventAfterReportingPeriodMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_NonadjustingEventsAfterReportingPeriodAxis=sid_EventAfterReportingPeriodMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNMineracaoSAMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_SignificantInvestmentsInSubsidiariesAxis=sid_CSNMineracaoSAMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SubsidiarySalesOfStockAxis=sid_PrimaryDistributionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SubsidiarySalesOfStockAxis=sid_PrimaryDistributionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_sid_SubsidiarySalesOfStockAxis=sid_SecondaryDistributionMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">sid_SubsidiarySalesOfStockAxis=sid_SecondaryDistributionMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_RangeAxis=ifrs-full_TopOfRangeMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfContractsAxis=sid_NCEMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfContractsAxis=sid_NCEMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_TypesOfContractsAxis=sid_ExportPrepaymentContractsMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_TypesOfContractsAxis=sid_ExportPrepaymentContractsMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_ifrs-full_ClassesOfFinancialInstrumentsAxis=sid_DebenturesMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">ifrs-full_ClassesOfFinancialInstrumentsAxis=sid_DebenturesMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>220
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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MR$)$A89-UTJ$*TU5GD-A6GBS ]^W"91-\@ I?^99@4TG90TM.\01YM(*759
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M%HE(6^0!FZ1EDT39_&I\PJR;_ F1208#$YRSG/BL/^ R!&8D942P'I,A+LF
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MT^7 .H;9";C3:)<R@=:YS&#X!ZYT5=!0JF;N29Q '&ZMUFH*M)R"V2\>YF$
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MF96W6\YBGAL#^'TMI=X_F &:?VS,_P=02P,$%     @ ]:V,4NI>4%PZ#0
M[CL  !@   !X;"]W;W)K<VAE971S+W-H965T-2YX;6RMFV]OVS@2A[^*$"QP
M+=#4XE])11N@M5M<#[O=(NW>O3C<"\6F'=W:DI>2DW8__0TIQ[3)(9W<]DUK
M.R-*/W(X\W!(O;[O]._]K5)#]FVS;OLW%[?#L'TUF?3S6[6I^Y?=5K7PEV6G
M-_4 7_5JTF^UJA?VHLUZ0O-<3C9UTUY<O;:_?=97K[O=L&Y:]5EG_6ZSJ?7W
M=VK=W;^Y(!<//UPWJ]O!_#"Y>KVM5^J+&G[;?M;P;7)H9=%L5-LW79MIM7QS
M\9:\FDEN+K 6_VS4?7_T.3-2;KKN=_/EX^+-16Z>2*W5?#!-U/#?G9JJ]=JT
M!,_QQ[[1B\,]S87'GQ]:_V#%@YB;NE?3;OVO9C'<OKDH+[*%6M:[]7#=W?]=
M[04)T]Z\6_?VW^Q^M"V*BVR^ZX=NL[\8GF#3M./_];=]1QQ=0&3D KJ_@/H7
MB,@%;'\!>^P%?'^![>K)*,7VPZP>ZJO7NKO/M+&&ULP'VYGV:I#?M&;<OPP:
M_MK =</5M&O[;MTLZD$MLB\#_ >#.O19M\RF=7^;?0#'Z+/+[-WUS]FSZY^>
M9]<_94V;?;WM=GW=+OK7DP&>PK0UF>_O^&Z\(XW<D=#LEZX=;OOL?;M0B],&
M)O#X!PWT0<,[FFQQIN8O,T9>9#2G.?) TT=?3BKD\MGC+R\3:MAA1)AMCT7:
M.PR"&8.Y&8.E'8-_US?]H&&>_"=Q$WZX";<WX9&;?(*(TK3S;J,RB!W9<*NR
M[ZK6V&B.#<E(0^ .G%94^M+'CC][+:6<"T*P7C][K8#8)DJ6Z UQZ V1[/*W
MB__"3!L=?^@@G,V[=MZL5=:Z;H+?S3<[(%O=W37@N]G-]PPBL*Y-".M?)9Y$
M'IY$)L?E[7RN=]#P_+;6*P73L,UN.@V--.VJSV#"9<NFK>'AVA4V5F/CPC9N
M(O[=%:GR2G#Y>G)W/"Z(75E4A'AV,ZP]5N9%<; [45D<5!9)E5.G;MW5K2<L
M6^FZ'?S(, HL@@>Z9%26W-.'F(FRH*4G#S/+*:MP=>5!79E4-U.0@>>-=8H)
MY*#M6MD4-\GJ3:>'YD_[%TQ=&3P/%93FDGGR0CLB8& 8\?0A=K1@.26XP.H@
ML$H*?/_'KAF^FS2@50_YU6:+>KELUHU-(S!?MG7;*#0Y5&&?%Z00PI.(F!$J
M"N+9S3 [)HI<XA))[O)B_F@?50 6&8B[ 84#Z'J)9KT\>!3!*?.G'F9&95YX
MNM)/9VCP5;^MY^K-!3A;K_2=NKC*$@&(' $!.>.^2Z4U#.-#X*N_V?G9=^#3
M:QC<=M#-S2[FP_O63T>$4RFKH"<02YA\)<]SOS,02U'(LA*14:9.+$V*_6PB
MN658FP;K;R\>=/9JOM/@YB^R=0TAV';!O+EKUIEN^M]Q[J'!8W*>^YZ-6%T2
MR2EEOFK$D'%:1,(3<8!!6%(TX)<: /*SNUJ/86J,P.H;I)UVI;)%LP0?4.T<
MG\+[YD_B5$X@&0<C'!J6@G%>^4I#.VB.$A;),\1A#DESSM1X*S#3#D:T7FEE
MP0K5E&SG4?-MKYEC$8F4))CA?_V.IYWB:(>(<TX_5VK19TO=;6"P^VW70_]
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M.!)]YU>@/+NS3A4CVXJS2>PD5;9C9S45.RXKR=8\0B0D8@P1&@"THGS]GFZ
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M@/MSBW!-'^B [G=L[_\'4$L#!!0    ( /6MC%*L[*4$; H   8:   8
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M95[LOWIQ.ACTSL<W=_?\L7]^(+3W)41/UB+,U1-QHTTL-U(N+?Z(_?'H_O*
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M>,F_.L0OP2[XIG]B0[ %?YRCW"A'"_!^:E%ZJR^DH/GIY_W_ %!+ P04
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M[$J  L0358O+V_\7B)\$7E^I_&/7@<V8IYU<X5=4)65ZCLTV$4@Z2OCZ)Z@
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MN7C1O9*>S+NWY@=A5U -V"^Q-3F9C@=DN_=;]^'-.KR9%L:C#\*PPI-76C;
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M=%Y.F!U?,..'-UUX-2R-QS=(6&[PT0>6!/!\98S??9"!_3/R[']02P,$%
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MV[%M99&LXJQ,\DP5\?+7=^/@PVF7GN<'OB3Q2^E\5C23ASS_2E\FBU_?M6E
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M4S M&O$B*<!&^*DDTU]*9\]]]9]YDE7J&5UN"LR,GI1+X)\%TTWI>U&I7L"
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MVMP]?:\/D0RH]3.LK3%!I^VQ64!U![Z;0VS-6HH)RB%W/EW[>0P69QJ7^:8
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M<*&QTU)H+B)4K),XMSMH+79%NC 0&AP:[50P-E)"Z3Y&1);X2,7L7NU)H2B
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MY6P^]C8;\NKS[)99F*>S.&YGZNYJ?',[\UVY:@MIV^6XI/Q-X5\2:>-$/VO
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M9GMD 6ECT5C7M%@,,VRL-A[< Y6Y ^%%ZCI/I?AVN19.4U#U= (XY>P;-.M
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MY S.U/=P?C7V@\>%Z].TOFF+?[C<@$P2XM4<2&>/SQ(#Y+10B#L3#Z..<,[
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M-$B%+]U(2>4GPE,R<GT9T<-$!F&(9\J+I1LJ$<1*^D$H4E>J)!)>*F/7Q?H
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M;K*J!;BMT]6BIC@06=LBV>;PI)NZH?C")B**9<@P>5#)573E W]LJ#Q2%@>
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M7A!Z,O+UPGD:A[LE// I&[ /$[P#G0+M9^U"VA%%EK1+J[?-&>L#@R#L@>T
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M$3>Z 9&/&'T&O*;4UK&Y7KQCU, S<&+0O]5A1,M43Y[?*EE0V=,CU'8U"AH
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MQR%&?4^TZ8G@0"]E7KP4\0U!*YL_%GJ@/.2),(K93NX\3HR9 G;2U/61 @:
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M_.0IP"7U1JP5:9EP+3I0PN;+JT^T=5/ AHW:(>]0UB!-PL-(ME+=J)*Y-;S
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M+&<:5)T<03C(GO7N%LQW>2_6\4T)G!6S$V#A!=<].R*T&?@9GXB;1%G#O#/
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M*HN#T>[MF?19YWHJ6H$!X1/PB$D:@58<*(0#? 8S.=./\-J//D#BWE\$,3W
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M$5#<9^?CF(:SVZ%6]T@DQ#&1$&<O$B*-.^;* N6;Y61+ZC[C\C09GV.,UP1
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M>3'VK&.FS.C!X8P2-<V>%\TJ'-/$/WMPMBV^64E;"MV:1Z8\D"WC2KXN7^]
M.)2Q;&3LL5XXNRVU(08KH<.B]&AR9>.2/ A'V=<#+5CM'%PUYX2=JR8-M(HY
M$SLH)E6Q=GV$F,X'77>^Q;2V^ZGMY2.*9:#:U%#9JVJ)9+7G<J5IUI3F9W+Y
M3$+=-+'.S?)H[F$K76Z:*.<<290;L]8.TM=4*S0J_W?VR__%A'W0D'5.N"?9
M_LAADLT]0P6R04%S%GE*J=#+4QR4W3[$O8 05:X@>LOII[9'E(H*J!L(]Q7N
M=]? H)H@36<!1K3BI%]AY.SF&FF(C(U:%[&I,B;;V;2N>XB)Y2U',:C?$G#Z
M<]L GPS-&V.#721;I=+KX,Y"=4UVU+?VE[IF1:J;;(\OEX%P@Q0V3,9N*J"!
M%3".>B!+W9RBI;&XWFX?9KKA.$R5J_*>DCGQP@VC>^U8_MAQ=\5[\'NB5UJ:
M*K!4ZZ2?"ECM&L5([>936'/3F#8>QZH G;TJ0*G U *>6 W12Q")NC\6*]-]
MXGP5$;3C;M6#[O4V::PU%6.Z\;BNEMI+1CX?G$,OQQL8'% 82W(?5.Y]!1IY
M#872H7=D4]RU_&$OG]);?'I-1"$?_P3]R+'>"YV/G3@\YVA9Y(D"P*G5L)6R
M:*CI:4 =/U)J,1@$U,XI E'%14$)8-22, T":>PY[;4A Z:GNB,JR-H+P\RE
MW-.(>L]2P\[<=Y.(:LR#KR?[JQ%C]^)4-1Y4K0 5:1]T$Y'[LU.KDVP24IOG
MP.4RU-2E?%CJ/)7N/VOT#ZNIK)[?P?Q[W67'3K+3GCUCPV?U,/C-7C]9K5:,
MW5T#6F[&O52HHTKAQ:'JHD7P+NSFI1?_H"995LOQXXU]ZHW1&+1]2K]DH43[
M8?O+O<=5^]-O[&LX:5]G=V/'J(=]^O8G8V*=::!G-^OK#W/R;;^T9]5P-O=[
M1OS>XJ8ZC=$D>J6(8:_3-N8V?YO:K-3ZD 0;PY<,2)83=^VN63E7Y$@A!Q5-
MRJQ=Q=&X'?9>L;TPO^OIP8H)-?*^8QV<)EWG22EC?8;B/8YN!85QQ\.GB-:7
M907)8.QC!2E59LRZ(AC^6F*RX^FSR:K<;I.V2>,BCY9E[U5+ 4X:*73Y(>G-
MDX(RZU<)O+$OOWCG#D!O\KQOJ.E5)P598KYYLU[DJ=+V0*O XU\Y[ZMN6[&0
MN.+T@X0[VV69-+\&UU0=:,E9GU(?>I_\P)'SFLO0N698FO53,ASUEX\#;M<=
M4PU^!J[G<^X 744QF'06Z"X5SO.F;4F:W) "LSK5_>(.NX*1!W_\;D^&32Q9
M4CT;TS^/'5=E5ZZIB'L:'CX@(BGRG)0C.KI*AU0<\\,H=M7Z_A"6@V;HQU_>
M$)>[_J$-3WF?Y3<GC-NBU'OD?GG<+D\YWJ#5,)*)8J+,*YJ@W0U$RBRTE8:_
MD$(%Q4I$V,XV'[!5P79#R23\K:K MT#*D"0GKW4$JB&@.!KTYV(20/]BE6KA
M7'+C-=M.$[6R[M5<<@Q=M6U'LZ9W=6,/[&CY26:0]B4UE(P;\J=L6+]B=.5]
M2(NUL2184$9Z?UIKUL8B,8KNGO)&',T]CF :>R5G?E>%:V>9M5D-RJ8@%5>B
M/99HS4/%C0"%'SM5"::\J>X,JO!&",'$7ER1C):*,7"%4F4L,#.TU?&-]D9?
M5:3;NC==N3'%*/M89114PC_H5_R1U65Q[+UH2L4A*I?09779\++N8/,2YBV%
MS?,VKJC_0262M.3RS HD;7XNQ7C?;1="7U6?V,Z@2N0UQ)70C7J(]*CEH!RN
M^QD(^R9)K^3*NOPB(ZFLCEW'R@,G/%C>G@57Q,Z'SBLR5FQOXG[CP(G@.%BM
M-_&U$6G>&Y<[.R[K;O6$R.+>4<\^Q6+:75]2'AS%*\CU>Z3CK%41\[?>:&KR
M>@I%U0OYUQ6H RLTL\ KHG"_K]WKL:_=QW$M>A^GI".'I"-3V^[,*ZB$*TI5
M9ZN7U54]G,TN(EH$>& 1IP][F,;NB[,:\WZ3Y/T\G56%YVK[< S>K=M5U4CX
M[2#_Q_PZS_Q/XHPQ+^]X%V)17A;NSUMNC%,/XI;F; DAOX-N*JH!@+4A3L"!
M"EK1#$-UTY(G\*F^WU992UT^17L5)6[48YQC6NQF-:?K/N3*/M2CQ7DQIH&P
M6U<<"3>W4B$M?*^R8X7F1Y?&R 2[%B3>LZ(E7K&[CT(-TAO\F08VQ2?)<028
M4VUU2Y;)ZM!E04QUKSOG.!@$0&/5C<-,!*J,_O\MM;WJ*!7I0MIM+C4/F@Q(
M6-WS4-IS(L-U%?52$*7V;@,&0N&H PV (<@5T.M=+U[@>B,]K@P\.7=J[Q'[
M%"8AX(.6X7L_3T2QX*\W.'\[<E_S4U?"ZI83YR%U(IWRU2,*.WLL9TC@H7U,
M4(HU#HU7$HJLOA#'V+%ZYLG9U[TW(E\+U4VWQH!NH\EIXNNP(HH>L GRJ1',
M4T'':;<)UABL99'$/O2-C.L4B:F<1"MU))JO[!."8VX9!SHTO\3DP<&,2H%P
MGI+5@KG53!N=Z4ED:;6=7NA,[-XY0M\[U;+3;6G-MCB.)F$A'INBO2/8IUYE
M#2:ECKD--!;:8T6_)+BL6-0R!W%(X,L\(J0-6AA[5Z97(TG_GHWV RB?Y$ _
M,\(N.EHD^^8X=*S<[6(5]GHSXT/."$I88+L&AU%!^)+);?V0P_%FHRI4!2G'
MK4T(<!=""?3#>)/^%]UT<Q,WA#K E<0-N6V Y3&V$7J2NTDKT&BD<R*-V)B>
M^&@#Z?C(O@OA(!(Q_L@= WL$PH=)A_[]YSQWMVG($:C#_78HKI:FTR;I4^5O
M+N9^+O+,^LU.:,,W_,NDO:CL\O.=YE/SXZ?G\IN?X^WRRZEOR^Z&W#%-=8U'
M_466/!+LTV^&=LN_ 'K5#E"]^?*V*G$&= .^OVYAUJHW-('Y2=@?_P=02P,$
M%     @ ]:V,4C_=!<AT!0  50L  !D   !X;"]W;W)K<VAE971S+W-H965T
M,C$N>&ULE59M;]LV$/ZN7W'PBF$!6%NDWM,D@).T:(>^!$FZ81CV@99HFRTE
M:A1MQ_]^1TIVG#7.L"^V2-T]?.Z>NQ//-MI\[Y9"6'BH5=.=CY;6MJ>325<N
M1<V[L6Y%@V_FVM3<XM(L)EUK!*^\4ZTF+ S32<UE,[HX\WLWYN),KZR2C;@Q
MT*WJFIOMI5!Z<SZBH]W&K5PLK=N87)RU?"'NA/W:WAA<3?8HE:Q%TTG=@!'S
M\]&4GE[&SMX;_";%ICMX!A?)3.OO;O&A.A^%CI!0HK0.@>/?6EP)I1P0TOA[
MP!SMCW2.A\\[]'<^=HQEQCMQI=7OLK++\U$^@DK,^4K96[UY+X9X$H=7:M7Y
M7]CTMBP=0;GJK*X'9V10RZ;_YP]#'@X<\O"( QL<F.?='^197G/++\Z,WH!Q
MUHCF'GRHWAO)R<:)<F<-OI7H9R]H,H8O]^_?WL+-](_IY<>W=V<3B[CN[:0<
M,"Y[#'8,@\$GW=AE!V^;2E1/ 29(:,^*[5A=LA<1KT4YAH@28"$+7\"+]E%&
M'B\Z@O?%+H6!&[[E,R4Z^',ZZZS!@OCK!>QXCQU[[/@8]G]F[V7_'Q6 ^Z4(
MM*>L9THNN*O?#DK%NT[.I:A -E@;QHC& F\J:'3S>K=6DL^DDE9BG$N^%H X
M,-<*NT\V"RAUW>I..L33X IAM9(5MZ(*K@: SX]@ 663B$Z<"+![I 4\NQOL
MLVLU=JMRF-!RXXG\TF@K@#&8G4 6DCC)(4Y)F$:0Y23,(\CQC]'@6ABYYJY/
M82X;WI22*PP6Q5KA(+ [(!K#AQ/(28:(14:2* FNY5I6HJDZGQ#96&%$9P'[
MON2MM ASZ%K@Z32*@$:$)2R85FL\"WG.C:Z'KA,&3Z,G0 D-0Y)E#*EF) UC
MW,E80O(HQZ<\3@B+\^">/Z [RN+(<J5ZMO@RBBC0@L0%6J<AVF:09@B0!3=&
MSZ6%;LF-$^8UB+I5>BL0AR8AB6)T3!G)TW1 ;_L$0Y0C'*:,Y&'B4-;23T@<
MT*AN@].U[><=YJ$39BU=8#1S/!GV4TQ8403W2VEZ>;8X33!9F&C/7Z\,8(%T
MHO.@>8R!NM!)SL+@WO!*['AT2/G:\(T0<"N[[[O\9B>0L@AI4Y<Z1DE$V;\=
M'TV3."())N.CP,D*'P]J=[!)4:R(I"R%*"%A'$(<I20)$_PO2)2$0=_:>^@D
M)Q&CD*!410AI@NIAK<4D26@0H0/N1P4P/#0E<1Q#1*A7*<4]S"K)0A;0,1RI
MB-/@>N75<A5/?&MUJUDG*XD?-+BZ^PR?L+L-__DG%M$W^,NR-QJ$KT9?E1IE
M ;XP0K@*P5EOE\!1@6\HGB_:QC<[EFNK^!8#<ZKVQ[2MV@9Z#KQMC7Z03C6U
M=3U52Z6<5M8-"320!A?:"%\![KBJD@-HC^*,*#WJA]&7I385QJFVY%A4P=UX
M.L9&+P5VJY](O,^9I\MKO7(=@+!?[U[%1;H_[9?;5Y04"=9%&)UXBFC DO#0
MH$B<..&):]]/W)1+8 7Q.7<.P72U0$$@(8,,V.FM\%]WM1V[X0F8R'J?.O$@
MRI5O"63C-K!+_/1'VFNM<+)@Y6/EP%9PTXWA'4X>Y2)'CSO16E'/4 B:#L<%
M#F(WV/B"N\A13/SP/0%W8Y!7WQQ1MUT)A?RP2/!]+T?G"3XF_4,#OZZ<HCA7
M?R@M]"K5"L\(GIRQ"_%9B9\62GQ4;P*;I<0<;WCWG)X^#WW* Y:3 WZ]R(/&
ME":'$J:LV"U/_H\F3HEH4.*YC_/DX*J#';GP%SK\-CHF_:UGO[N_,T[[J]*C
M>7_AQ,I:X+@&)>;H&HZS9 2FO\3U"ZM;?W&::8OM[Q^7>.\5QAG@^[G&$34L
MW '[F_3%/U!+ P04    " #UK8Q2P$;>H"$.  !J(P  &0   'AL+W=O<FMS
M:&5E=',O<VAE970R,BYX;6RM6EEOVT@2?N>O:'BP@QB@;9(2=>0";"?!>)%)
MC#B;>5CL0XML63TAV1H><3R_?K^J[B:IP]D98%]LB637?7Q5U,L'4W]M-DJU
MXGM95,VKDTW;;I]?7#391I6R.3=;5>'.VM2E;/&UOK]HMK62.1\JBXLDBF87
MI=35R>N7?.VV?OW2=&VA*W5;BZ8K2UD_7JG"/+PZB4_\A4_Z?M/2A8O7+[?R
M7MVI]E_;VQK?+GHJN2Y5U6A3B5JM7YU<QL^OIO0\/_!%JX=F]%F0)BMCOM*7
MF_S5240"J4)E+5&0^/=-7:NB($(0XP]'\Z1G20?'GSWU=ZP[=%G)1EV;XC>=
MMYM7)XL3D:NU[(KVDWGX13E]4J*7F:+AO^+!/CM-3T36-:TIW6%(4.K*_I??
MG1U&!Q;1$P<2=R!AN2TCEO*-;.7KE[5Y$#4]#6KT@57ETQ!.5^24N[;&78US
M[>MX=B[>O[V\>WOW\J(%/;IZD;FS5_9L\M391/QJJG;3B+=5KO)= A<0I)<F
M\=)<)3^D^$9EYV(2AR*)DN@']":]=A.F-WF"WFVM&E6UD@/ K$6AX,!&();Q
ML6F4$O^6JZ:M$1O_^0&[:<]NRNRF3[![VI _/C<X0;PG"8-"RY4N=*LAK*R5
M:#;FH1(K2J'GP;6I&E/H7+8J#^+D8A)?D+F$_Q@O@_=6SSB<)9,P32;XE$9Q
MN)Q%@3.)^":+3@F9_XX8*^G"F7"GGL5AM)R$DV5RRI^3>9C.H],@G41A/(G%
M=#[%S2BX+F33Z+56.63JZIJ(X-PLF8E)&D;3*/A@JK/,W9E.9I AQ?]E.$FC
M?6KB\T9!LW(KJT=(9;903MR\^W0GXIF0#3GOG[+J4#<$AT>\#$77Z.I>M!LE
M2I.S("@3;6V:K>)<%W*[K8W,-GA&MB(W4*XR+1[ZH].P*IW<CB(D ).,1*@E
M'U_)0E:9:L[%)=R 8PU2G21A^8BW$S!D4E[Z;".K>\A"UV26F:[B9[?P6?;H
M8@^&%O*^5HI,#P9C[3=0=_\)/K8U=2M:5:,,R*(1NA(WK;SOY,\_)9/Y"RO$
M'46&N.J*K^*S>Q*>_?SV^O(3&0QBL0!&YB23K'+15>Y;D!D\3)=T3>E24_!5
MN=,--D+4UGM4/WX(4;#:#8Q#'8#]@0?87\F<C\/'CTK634@&=)XI'D.^MZ=F
M0++54A</\E&@[]0V<0<_?X %-CC3BDJU5.XM<[G'GKC/+5?X+L\UD9$%N 9C
M1Y&A$2#@TSX>6-Q9BT+/"P*EUS+K\Q+RRQRVT%1 ;+SA4B-162# 6B-R0G)2
MH[Z!0 &C9TRF"1XVRH6?%\7RH -/6C,4*3.(4Z_9]=V' (%@1A&3P4]4S6S
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MT>CJT4:THI)3B"L,962.JUK^J8N 9CT:@W9;C82]'ZFF4J*\04U8>=Q$F;*
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M'/=!2(! Y)&8]"F$=](8GU)OY69>-L,:FYN'5L+_*.;+ZQ$VC_S0]7R?Q(P
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MMSU5R'ZWJ\H!VU1[4^8<8*@<$:-1 EP,\93O$X9X$:(-"D1Q@$4(Q&7%9.\
M/AWYY&T/WHXAF@]G9) -_B?CDG0!W+"*.21 R<* C$FV%/T.CW-]0DWER&W(
ME()K74U50W<PL3C*@&H45 \^8*4SJ3=BC2R&N0H()O.\046EFA9E'FMRE "E
MZ3$B>ADG4H@824,2<X6,2#V/;04HU>7 +M8(%JA9]<S0+GZ]9-N=O?\$C8E=
M^(3V4,A;P0# =5 .PL\($445, :VQO2-1T%(=12W^C&)_&%9">N&J<RN)U8
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MY-!O7__'<*N+3Y],/*N.G@5T\WD 'F(K(/B$IDA4XC<T"AJ*&K*F[3S+1 2
MCC2RPRVDZK:L*E/?UI0G);&46;N'X/"9P:;T,3#LD#ZBDT 17=''"#2#K\5H
MG=*I:6,M!.@W6INQ'%>S.OY2?)4\LAL*X5$:@#%]5MTT$#&+$"V('UMD41^/
MJ&D_O 1J/G70^?'Y(4\Y3\QPS1SAE7C&U'7V8%'BCPXH/4TI_L)X\1GCAJE;
M<JZI#R.N >UY_'>% DO!._1.U"QQ(Y* ;04@?J&7.!^'D'1L W=HCO28QG-
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MB9HR0$!!3>+:.J]5VUJW5W1\,"B/%,$RX/6 !Z:;,.Q(5AIJ(: G+>;65V%
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MT>:<+L#WJRPKW1_T@/KMIC_]'U!+ P04    " #UK8Q2=[KZ]X\'  !$$0
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M8-3.@-YOE;+#P@48[]07_P!02P,$%     @ ]:V,4DO5A.I%"@  %QP  !D
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M3Z ;TO6-O:<J<"K H?X81@#M"(2A$[K@18)N0:V@P%T+D7C\%H$#3% L63@
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MM1@WG;C%?"\U'<#^IH6CXP<9F/YC./\'4$L#!!0    ( /6MC%(7I@#J/@@
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M4_CJM.U7*]R!9LA.Q5HSK$>(OX?S')/^ZV[9U*,95R7$^-Z#L<#-<'*Y(6&
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M*=;%5F8WC5)0(9U':V:K5<&JH*LEP._GI6DVT!2W%D-T]]4GE>](9<@7==8
M: "7 0F[+3$0[5BUQ0IS2X JNKM:KHH&NJ9N6H^QGFVW +(SZ+U\YS&TI"AE
MNZVKMFYH(BREUWRIR@)P9[SD>;VK\J*D16G02N4%H?)DDWTLJAM:$63>JJ;
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MF6F88;SSCY"OLF9]"WX%_"5KPDY9##HNM;9.B\Q:E2L9>_'<]Y)YR,((B=Z
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M <>XI!FQQG!WJ]]V;(WL-LUU)B/"*=XUZ0[KO_6NUDQ8+UZ;12<9K7GRGG=
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MD"/JDV$6>]D7E1ZFOPV=SCY(G;]VJ6K19[L?NRE>VXK30"U4)K4_+C$DE(O
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MPM($/-\8X_L;VF#X1CS]#U!+ P04    " #UK8Q2'IMU';\*  !='   &0
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MR#H.'8&:@^LM*T> <J<G!2$URN6C\F^$7$J=5FZ%1TM\XRU#HQ(RDV1Y2>X
M1@$PT'LP K(.76N9*\K4J2D?!9H&2J584I@Y-?:;W^_"^&_.+C7WM5-B,OG8
MKFSW*BX Y34R5TZL:T<QJD,*9C-+[:PACV*5T_YG4 ^FT;PQ 2UX%)2]FJ-^
MKZG9L^IML0VRJ(B+R3@'"0;P35(]8[+:KT<,Z(0?LD5JUXHJ@E%375+(;W0>
M*SB7DA9V!E8(I1TANX45@5#@M]'"Z13(Y>:O=ZATGM>E\_Q@S;LK3%RV& @!
M13APV5;UJ][L*JF'Q?<[<4OLT!'MU?&4[ZC84:_SE+1VNA'^4A(8+MN;I[3J
MBPDH64O'H8;',R6I\6W6[-K"4@8\#C4+6?=3L,?83,=-%)%1(7M8?:T'2;<
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M;S=\[]N9\QG>3NX7I@ZD&4F;4:H_',<.J'8:M@LCJV8"[:6A>=:8.7U 4-D
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MSOO^=H,&$H8$\/]: W[_0 Z.GVQ7?P-02P,$%     @ ]:V,4J2,ML=1%@
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M2%T3X[L"UEK1I-<+ -#FD0-2,DU!4C$VB ^0[;TDWQ^RO'.63++SQ6U2H$H
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MACQ$"2H$)@;,%.P2P$ 3,KTVPV99E8=;,P0V-8<C#GU97NQ0(P4X#'.$Q&^
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M2.:KVFV&'IA"J'$\*,#RR92<L*.YIS7M4:2!G7HD6Y^.]D&16#ODH8AX1%C
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M0W+]!$)*(AEX^I9X*""=Z+H>J*2ZNS69W$496&4%#I JZM\J!;T%T0_BWNT
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M,A/M+3,:+$QH45:5UH45Q;NQP*1KDSR9/U;9H#7=W0E+T-/&V00.=,"\@9=
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M,3DU9HT9B=,BG_[GQ_TFO2E7A-C9(<+ I4-I?Y(DRJ.PHG+,?I5+KDM$WDP
M%:E (6*[)CV(1V^9E"V,1OQEB)3D-#\-J8[%R;+,YC19(*M1&'A\3@%J(PPD
M!:;@L!&V@OZ([3C@X*OM!Q%[VQ;<1I,!I6=+H0XZTH,AP0.JNBC+7W 9&*LT
MB]!&7Q4=%?!&3NC1015/!D84'=7*(AZQUR[)&-I^2.A,:FW3+,1_= (R1 E#
M5*)CA/$KAW-5'6/"C_'?81R#2>.X\=?I: C(Z 0TDPBS@M_-LPK@MD=1P&%O
M"G<X?J3#D1_RIU%J>R-:!K^NUP*%*OOQZ@\;>8U-,N-(G P%P65L4X,A!7E\
M]VAG#+O+\9;[)WGK!68^W-S]'HP"[&Z94T*Z%IGVFWOJ21<6ZZ7G53T7V7C?
MC:.\=7= YVGI#>1*/!\.'4(/O2ON=7XE[?N2)\];XKU]QNT) -*F6'48TCZ,
M[X9\]JC/("U_["),E_\J]T^ Q?*8@W58(*B'/7([!PFVN\?M*?8F_=1(<"\B
MW<6)1#$@#AMTU?Q.T5V0E_9+T$*7RVN+!SRT)DE9<AH^:<YJEBU-5FM/L#:7
M8U..!O*#^WL>8DLDV6HCR=9&)%F?^AK*H-5O)FM3,N7:6%.;R]!MMK0!9(X<
M6T\CQ]9FY-C:$CEVXK&C]+0.34STR.QO\#9@$$9:3;-YVEY4NK2Y'>KPJP\E
M+N78\;:5CN@H"[L^MNM(#EOM& 4?U8-\J&Z_R+SSHH!<)]KH<>U8^=RBPWN9
M>!'IW4F?0)"[5L]7H1U$$#\Z0^8[& EA#P=_G< 54H86)0/2)F:@\P)]VV,K
M%<74MHIH'XI_<Y\RX$9VR6V7H2KW3U'=H5#-9N"@F.Z1K*I-X=KN3-6>^H-(
M3+:KL>-F&TRO)?^0+_2NY)IYVJZ&K4%A;_-A.T7\_!NI7NX>@QP<.5$S)EW<
MDA54M8P2J),O++%5P?L_$\",,KM9Z1U!TC9;^Z1 FD\;$Q10"PG]1?""63W\
MD]4#$;BMOK; >GPVIQ'+* 3ON<3(8&F21M_S=W%:E]<I]T_LS(O\N*>7NPVO
MWJ;W(*_M[N(RMX@=2F*I=)XM,@J/$SJM>NG1E)),*<@-E+N=KR;URL3U#8OR
M+HS>M*Y2/OA*R[/'H"W.&9NVH7D;+&KV$_2&(1^B9;(FM#'.VXOKIUBR>K4V
ME@Z>F2QK,*'3;FD^S+*)V1 %<L"#!DMV&(_L%(.YRFQ"M?W-'T??>@/C=V]9
M7'R^VMQSJ ;V',ARN([VF]^O$<(:) 2M'F6]-J)X3IO+S;J+WJDLRH*I5C=5
M-LU@^%!1KRC5S<R)O6Y+==)LJ6Z'^52Q@_EP1B#=@L]V.Z3P5=P<,5Y[MDO"
MNA1<N7\.[HTY7Z*_7,(JI3VKPYE9I&X&16QW'UN_G- 1I.7<IV/0W0Z!&QFO
M9=KV<X\T:'D"'_<!-?U3A1L[Z5K=F;,TE$JK#Z:)WB$UH8^.K;/TP"YTNQ6\
MOB4LPL@=JMS;Z%W?XK6V;/%V^ZU/-E[-@4 Z@&!M'D#0X&$GA+ .^63>9LO*
M#X?J4-*MC*G/. IV?;2DR_M4^^=]-L*Y@FR8T -1?^W@V%?,PU=Z(RC2Y>R2
M#Z93L'Y7O\1:\]54,Z).GMO(_#BIK:=HXVU:558-,D,GIN(Q!5G?E,7"HE\4
M07DH^&&EG])//+TE.NK''V"QK-YOS9K=\17;ZLZND*1-TQMP\(IR3S6/2V:6
MYM, M-=!Q^LE'9,)Z&RHE'1,R@4?>'%,VW1TEC204A\A7S^@HAN$#VG.WH,3
M;:5"01O]+GWE@(Z& ]_Z+J5:R]Z)S2W'GTV+GK@\,B=&S1E.PXU/CN#H\N%1
M[YL%OJ(/BDC!V:Z!H.0#.M$5;-9M+4+O\P5-_Q;ZW_B.0??- K'ETR*F,D1D
MX\L%C:+OOB,@:;@A'T"B8T@QH)8YG4;K'?>.R>\2KRY'5^V?H]N=JV7>'DXT
M'!2JKV?G8CVR!6/YWNE=2H2?I"6E3HJUTVK=N<V;;:>O-K+DDEHT*MED7W*Z
MZEHB(1\-S1D'P?NFUJE)G<E8 0J2(N509:'3.G6@X"ZKB)[3#I+9@_[ NJ7:
M<8AS^ROK8UHN4U8S-QQF]/G,81CJ#W5 [LSA<_(- _IFCD.(WK7>9%\P0$Y"
MUA\6HDTO^A:.)_G3(AXEBX>0&X=CA'3G>A#S<-=7%527-JKV3QMMOM+Q+LF3
M.P83@QSS]<30)F6P2E/0AV)$2[!0]EO*F8!--Z0@)@S2,XJR&F0/<JTFNF"G
M32AO3W/1(OFB6](41O6<:E'Q/K <<8+F<  IO2_FJ_ZIB\UCUFO\_&2T]AJL
M!SL#]S<!0<Y+S\KI,47+'RU3]SD&4ZRJA,+P'$!+LBT'EZU>0L[/5:N"]/4(
M&MA6_($:.K(+E2/MV%6;IQS?=*<</W5C:>9Q1,I?D?*G#PF$=DR)8&Y@3BX!
M1V?U>' 0[DBBPL@;A ;CWA?8%FEYQ]^9HX6$%Z _QM8^;;]E=Z*_X-85UQ_"
M>Y>4=W2R?9[>HJHS"OT#R#E_6T[_J(LE?\_MIJCK8L&WLQ0VH*0">'];0(S,
M#^J@_<+?Z_\'4$L#!!0    ( /6MC%*YK8"T@@4  %<+   9    >&PO=V]R
M:W-H965T<R]S:&5E=#4S+GAM;)56;6_;-A#^KE]Q\(JA!EA;I%Z=)@&<I$4[
M]"6(TPW#L ^T1-ML*5&E:#O^]SM2LN-L<8!]D4CJ[KF7Y^[$\ZTV/]J5$!8>
M*E6W%X.5M<W9>-P6*U'Q=J0;4>.7A385M[@URW';&,%+KU2I,0O#=%QQ60\N
MS_W9K;D\UVNK9"UN#;3KJN)F=R64WEX,Z&!_<">7*^L.QI?G#5^*F;#?FEN#
MN_$!I925J%NI:S!B<3&8TK.KV,E[@=^EV+9':W"1S+7^X38?RXM!Z!P22A36
M(7!\;<2U4,H!H1L_>\S!P:13/%[OT=_[V#&6.6_%M59_R-*N+@;Y $JQX&ME
M[_3V@^CC21Q>H57KG[#M9!D*%^O6ZJI71@\J67=O_M#GX4@A#T\HL%Z!>;\[
M0][+&V[YY;G16S!.&M'<PH?JM=$Y63M29M;@5XEZ]I(F(_AZ_^'='=Q._YQ>
M?7HW@]?W?*Y$.SP?6S3@Q,9%#W;5@;%38 P^Z]JN6GA7EZ)\"C!&SP[NL;U[
M5^Q%Q!M1C""B!%C(PA?PHD.XD<>+3N!]M2MAX);O?(CPUW3>6H.5\?<+V/$!
M._;8\0GL&39,N58"] *TM]/T=I[+Y,M8]RL1=!AZKN22NPINH5"\;>5"BA)D
MC=5AC*@M\+J$6M=O]GLE^5PJ:24&N.(; 8@#"ZVP_V2]A$)7C6ZE0SP+KA%6
M*UER*\K@N@?X\@@64#:.Z-AE'_9+.H%G3X-#6JW&?E4.$U-@O".O:VT%, ;S
M(60AB9,<XI2$:0193L(\@AQ?C 8WPL@-=YT*"UGSNI!<8;#(TAI'@=T#T1@^
M#B$G&2).,I)$27 C-[(4==GZA,C:"B-:"]CY!6^D19ACU0E:IU$$-"(L8<&T
MW* M]'-A=-7WG3!HC0Z!$AJ&),L8NIJ1-(SQ)&,)R:,<5WF<$!;GP3U_0'6D
MQ3G+E>J\Q8]11(%.2#Q!Z31$V0S2# &RX-;HA;30KKAQQ+P!435*[P3BT"0D
M48R**2-YFO;H?3U!E",<IHSD8>)0-M+/2!S1R&Z-\[7I)A[FH15F(UU@-'-^
M,FRDF+#))+A?2=/1L\-Y@LG"1'O_]1H+5[>M:#UH'F.@+G22LS"X-[P4A[I&
MEV\,WPH!=[+]L<]O-H241>@V=:ECE$24_5OQ432)(Y)@,CX)G*WPZ:AV>YD4
MR8I(RE*($A+&(<112I(PP?>$1$D8?'W2:Y#D)&(4$J1J$D*:('M8:S%)$AI$
MJ(#GT008&DU)',<0$>I92O$,LTJRD 5T!"<JXBRX67NV7,43WUKM>M[*4N(O
M#:YG7^ SMK+AO_["(OH6GRQ[JT'X:O15J9$6X$LCA*L0G/9V!1P9^([D^:*M
M?;-CN3:*[S PQVIGIFG4+L#APIO&Z ?I6%,[UU.55,IQ9=V00 %I<*.-\!7@
MS)6E[$$[%"=$Z4D]C+XHM"DQ3K4CIZ(*9J/I"!N]$-BM?B+Q+F?>75[IM>L
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M3<"KR&>;]@"<"*"$53^(;41#B//6%-2+8'ZD;G"(#$0K (M"$CMC;E<$NK\
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MF\F+_EK.],,?X [1C*H_+]4P"5Y6SJHHR\XE-%G+@A)KIT-!S\$MZ";T*#I
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MQ +;BV)V'-E1.#[IB\O4T1 :74$LM).QQUS\' ?V./1/='WUE64J*L 28U3
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MNUQ/AWK1!VX(S"8CM+"F-[0-+SNJ)AJJ[#[,K@->T$I# ?8Y)JV%K(AO\+
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M8E36@/ZOI32GA0W0-/?!?U!+ P04    " #UK8Q2LA1/+I()  !U%P  &0
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M1-Z5]S,5W4TNL5Y(O(<F]FLIVL;<%KS G"G[0.Z%8^Z%OYQ[?8HOV_LES;Y
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MC#59]GUVO]"BZ7K;I=#8*7?3 C]-F#0'<'\EA-XNC(#Q8^?\7U!+ P04
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M)(#W:X70QR]DX/!/"F?_ U!+ P04    " #UK8Q2K-0YT1P&  "3#   &0
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M3@#?UPI$^XV[X/!WR/G_4$L#!!0    ( /6MC%(::(F /@@  !L4   9
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M52H7J:,->'_; M.[!U)P^!YX_G]02P,$%     @ ]:V,4N]@6M;,#P  1#<
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MY]T6 '[\'@#82KF(RBXMV$2/.J7=T[/<;^+'F5ZI@@75(6@?A.I=-%7PMG-
MAOMN6]$&FRZ@'13@W+BJ!3<:@8V_D[:IV$ZU;$=?"B9\8086UY<V$U3]<H2^
M1$CGAJ8;NOH2(2$<O.L'QH_RH<*E%H*;W/81$GC:A1OME+53!;/EA:;O>V/J
MZ7K4_/@F]69W*PG36TF8VDNB0RO= 1E4R.&>]?[^R6X_7E6=EA(K(U6Z.%R
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M57FJ3C%Y<+GT I[?Y7G57!"#]A_GWO\'4$L#!!0    ( /6MC%+X$_L+^P,
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ML+.Z88E/&5?6 />W$HMPG%B"\^,X^@]02P,$%     @ ]:V,4O\^ZE2!!0
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M7-/"(4?S35DLLB_8Y+*N:X#I2DB6%&!E01*E^9^\%('8 2B>:@ J .@] !\
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M=>R$\=0:#?*].SD:B$S'/(4[2526)$R^^A"+]="BUF;CGB\C;3;LT6#%EO
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MS6%2YY]5 2*%#-@]G94@+[7<A8)*HN]FB>SZQPZ#?F?0MP:#+08GI;ZCM,X
MZ=N.<KZ<J?FRU&=\IGK):+1%6[1I-@E)_"#I(^)E:!#B0=!'PLM0/_9#LB,?
M09>/8&<^+ &Z]#QD_CVB<P4"T0/SU%@)K153)>_') XB'$=#]WXS*<_E<!+'
M?N!W<H_""+LPPH/"Z/4Q?.YC$C5Y?.1CCYP7Q ,?]_L8=3Y&NWTLF,C1@@K%
M0)_K"JH9B%UG.NX4Q\>Y1$EG,#GPT,Q 'Q,X^-0DSS,]B(.0!$\8Z9'#A(1^
MW,_(H(MC\ I&T!\TY15(Q3+TB8H[/3;L01;VUKW".PY=>*,]X>,0UMK99&*
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M:P.U/F5,;B:ZZZJ[[-Y_4$L#!!0    ( /6MC%)>=_L9R (  &('   9
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M(PC2&IC]4@B]G5@'[;,Z^ M02P,$%     @ ]:V,4M>SU;F-!   0A   !D
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MIE"*; 'VSS"% GQJSI35L#P(34$9('T 9R?@X#S9J:@D8$":0,G.RN-11:T
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M19MJKM5!42$DRRHP,,AH7O[C7Y4AW@-P*H"S!["# P"W KC[ /< P*L WC[
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M2VF,]1X?Y#&:YFLB)!P<4L WFA?/@L84<TJ$'A\L%C2E6!+1PL.K>7B:AW>
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M)Y!418 T%X&!7+&$HRNXQJ1S)E$BBKUZ=*XE52XGY#4Q6-4 XOY"!MU=9OS
MWRZ0=6+8[Y$]_%5U@ARN$QF-#5M'D56E<-)\B/[-9%4YG32?QE]&EG_H$N*2
M?A/,*L63YC1LSWQ',5+E6M)\GO[-C%2)F30?SU_"R*2PW70M[#:@=$V:?CY2
MI3ZW.?75WU.'![1N%PQN6[.4H9EYTD1J(=8* =O@?2SRV'IMWALA"&:4'1L=
M%*=4*3[GYI:CT-^"PYUF!;0N)4,T-X-*Q)9,VS7&:2:6()5P%:="@2(L8\9Y
M#F894AJD[=W(*'"X(L&1"ZY-6FR@5??D1[1/,)KN*+K^ YPS19[:5U2%UEPO
MS)QB%?1V$T-5>7";C_KU)Y?A :TI@[*EC$MEI*WO$!<H8M=B97<@<IW-T]5[
M$UOKG8D%A.>]=?1YM"%NTG #1F?&S5Q+D::&E]P0]KC_6 +6XAA./SR_-\*Y
MT QA!\6U >D\>;#,F+RW;]% NZ%P<]DO1\OW[J%]Y=T:'^&3C[ANG)R,Z^0G
MY.2B;GS@.B<7L(-V9V 3P$S=&D 'S%AKG<J)S1/^%97W'#Z1E,W!(:<=0(61
MFU?Q34>+!_LH.Q-:B\PV%XPF3!H!F)\+"&#1,0N4_YLX_Q=02P,$%     @
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M\B2 S-(4B[_G).&'ZP$<O"ZLZ':G\@5K-MWC+0F)^KQ_$GIFU59BFA(F*6=
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MCSC-.,OE,V^UXC&G!<NGTIA?L"0'_U:7H+S^C\$KY^"54WJ%3Q$L\T0L\KK
MG.R1[@FDC&R,!LC].#A[:AJQ"&%,(*SCI1%+9(HB?<?0?7SH/C9V_R&3Z3 K
MWB[ )J9I >0<!>SO+=\H0BY *D='K&12D ERR4O*Z@9JWP8IVU!9<W<-!SWH
M(B1=W!V/2NV+MCW ^,<7[W#3$,"^C=V^BPUC0 YC0(QC,*$\ SL:;YGJ*S_$
M(]CL!T?&8EVG2;.+KD-<IRXZR,_CT.O#<IKN:GKB'GKB&GLRC&F>@QOI.%NQ
M+&,1R-<T8W+2)"QY9IEIPO0.;?3.:!KW#U[UC3U?B(+&(-VJ7BH6JWX7&4US
M.11URMW_F0.W)UEPZSD8'#P9F 7EE ^@$& 8SNI<&?SD"K%E0)R(!FCK)&^;
MXT$DB2P4VP<!/*H?X!F% =1)!B*SH+%L*5N7]7=)04&_L=K$:[8"B04'OYL<
MTOD%FA/,P_\Q%Z&6;XC/B08MJ="LJ6UI,%M!MH7,-&AEA W2.+]_\&9WOB=+
M4UGW3L=^X('16%:W$WF_"!Z'B\=@#,)Q\.0/95G;AB4MF?"<-!-JT81FU?R1
M)9X63 9H45NCFPT1V[)M(U%:/J%9/[VE+#]R7JYPJQE#$[%-Z]T:-)99V+9M
M4_6JQ129Q?16B.B5QW&='Q745 P0A(C)#ZV\")I3G<HGJ<@B215/J:Q>7[B\
M6E*06[1-W**CBOV<2G:D-14U:&K;N)TT&,(]"[FFN$5:B5%#)?V#3SLAN7D!
M2[KALC"I]<QL;H LUSBCD-9B9%;1L9Q0"5V"T/):A8?65.2>4WAHN46]ST@^
M#58:-0UIG44-.NO-O,74FRW\H0?"=BQHP42#,V+!T7KIF/6R_21M, 2AY4 3
M$8[63L>LG5ZV8Q$']TQ.2E621P+<9'+\8C4YK#:\.%H\G7,23^=HP^-7Q//D
M[&BP@IIFAZ.5TS%+W60Q!7^ R3@(YD^R/EL$WBR<S8/1.%SX,P],Y[=^^#YS
MOG3DVYVOK9C2 NF0<V)*ZZMCKEE5F\N,/^NUP\E*:%B9,E5"/;=GJH0<K:^.
M61D->V;#"FKR8V#:N'*TJ#IF4?TG80/^"VY$48A$30%93\FYT":BM"8[YZ3)
M6&LR_B1-'C88&D#+-:[,L-9D;-;D?\CC0FQ^B42L!1R?DX!C+>#XDZK?88,A
M66,Z?2.)1]O(9@V_#\)6Z1-K4<;G),I8BS(VBW*[]#EJL +[ENL8AUZK,3:K
M\3"<@7OY6T:75+2L+K%66=P_)QJTPF+S-D'K23!J,-3O6029F"!:74G#=NM?
MB^!03[)LQY<B!],B:K4J)UHPR3EMO1*ME^13MEX;K#0NNX@62F+6M_'LUA^_
M$S*6,^2%T[:K8**ECYS3%BPY^JKU*UNPIO57@R'<MWK$R(@63V*6/9DFP/2P
M7]5VS46T%I)SVF@E6D6)N5:5#BU97A[\D30DM228+3@V>&,TRTWN:/$D9LT;
M,;6NV)1[K#(VUB*.U&X5EW?%6BZ+Y4#QXJW62[/AQ9J!H4@V-'T#$<_8LHC?
M2O-RZ9("E?3P[X=05.W)YMXWR90G*C[4)VB>OJ,OY"N9V+ZL 2]RD+]S]P8^
MIKT+0 %T+<=N:D!:5!\+58<I<+ U.'+),@ROJ_. VY 'U'F:8.C/P<@#CZ&J
M8N_\43">CA>!*F359X=;+_ >O*=66N3JU.">4VIP=6IP?R4UF+2HP1#L60-C
MMG9U=G";/LQ]QM$'M_F@!T3]7MTA@ IZ_-E7'0J!)\X Z(3DFFOQ\?<-2_/:
MW.LVGJMPW=HS*;<MD'C0JR.F>W1*39V+O*<R#Z<YB-E*FK)E;NF ;'_4<']3
MB$UY<.VY7*&7EVM&(Y:I%^3SE1#%^XTZ"W<X\'G]/U!+ P04    " #UK8Q2
MH=CT)/X2   /C   &0   'AL+W=O<FMS:&5E=',O<VAE970Y,RYX;6S-76UO
MVTB2_BN$,0<D0!RS^I7T)08B67LWA\E.SI.YQ6&P'VB)MGDCB5Z2CI/#_OAM
MRK*[Q:[NIB@:T""81%*Q6/U2]50UNQ]^>"RK/^N[/&^B[ZOENOYX<M<T]^=G
M9_7\+E]E]?OR/E^K7V[*:I4UZF-U>U;?5WFVV%RT6IZ1.!9GJZQ8GUQ\V'SW
MI;KX4#XTRV*=?ZFB^F&URJH?DWQ9/GX\@9/G+ZZ*V[NF_>+LXL-]=IO_EC>_
MWW^IU*>S%RV+8I6OZZ)<1U5^\_'D$YS/U-W:*S8B_U/DC[7Q[ZAMRW59_ME^
M^'GQ\21N3<J7^;QI=63JKV_Y-%\N6U7*D']LM9Z\W+2]T/SWL_:_;%JO6G.=
MU?FT7/ZM6#1W'T^2DVB1WV0/R^:J?/S/?-LBWNJ;E\MZ\__H<2L;GT3SA[HI
M5]N+E06K8OWT=_9]VQ-]+B#;"TCG A"."^CV MJ]@#HN8-L+6-\[\.T%FZ:?
M/;5]TW&769-=?*C*QZAJI96V]A^;WM]<K?JK6+<SY;>F4K\6ZKKF N!]].7J
MUR^SJZ__^R[Z\LNGOWZ-/OWU,IK]]^\_?_D\4Y_>7.9-5BSKM]%I-+GZ)7IS
M]=/;Z.JGJ%A'7^_*ASI;+^H/9XVRI=5X-M_>=_IT7^*Z+XD^E^OFKHYFZT6^
MV%5PIAKQTA+RW)(I\6J\S.?O(PKO(A*3&#%HUOMR2#WFT)>.I1M]U*6OJ.?+
MLGZH\JB\45.W[<-\H7KMR;LW3G*M7#>ZKY3;5\V/=]'],ELWD>K/*/_'0W&O
M_+&)_FCU1D63K^J_>ZQB+U:QC57,8=4D4_>8YU'61-?Y;;%>%^M;;/">M B'
M%C7ZD,HX3AG#.CI\<1(SD0CF:1!_:1#W-FAV<Z-"3MO%JE]55%A'^??Y7;:^
MS:-%H7ZK<M5<='X^Z>4;O6T\_79!$IFF_,/9-[,QMAAPH.)%:L=J\6*U\%K]
M::X&N"[:68#:)NR;2D%( AWC;#G"4B)$BILG7\R37O.FV7W19,OB_S<3ME&=
M6#?1FW79Y'5$DLT,I?0M8OC$K_</^#O66FFU(B4\%IVVVE( $A)'4Y.7IB9>
MD_Y6*=\Z+6]NZJ<&1D1B#9LFUMU/@:1ITC$2$P,F8HI;F;Y8F7JMO,Q5&C O
MGL+&UDZ!VIG:!A!&4TI(QU)$4!DJ"#@Z%&*-*+'7V*]5MJZ5Y]514T9E<Y=7
M45;7*NF99TU^6U8%ZH\SO]8V8SJO[[-Y_O%$]46=5]_RDXO($T' @$#H97!K
MKYKN*G@4U\O\R6@<VL#N/"8H[70Q)@9JQCJ"!Q!M,/$:O,GGVICW4.>GT<]K
M%4BRI<K;YN7M>A-4T/XEEC6"Q:G+@4 #'=#>UJ@<X2I?Y2WLM?"%=AZU[8AC
MWO4D1.Q415YN".[:JR$0_!CX^_U"3<368#4WHT]7OT9O/FWF9Y4WQ9/=47F]
M+&XW[H9ZV?8..X%7*#3L@@<F1S@0[FB#1CWPP]Z.CQ7K;RI ;^Q^3B;0"6!#
MV2G$ *G+&HUFX(>SJ8*Q<EDLGN+3=/+;S^C];;1*@3@B(VBL C^H_-I&&-Q-
M;<@XY9:3(D(BB1U6:5@!/ZX8B5:^7J#6V5BADBI0,&^9B$INTR_43(TKX >6
MC>\J^#MM??<IX$5_K/+5=5[YTDVBP8#$1Y0&$QWSB3_F]TR$)P$UCHR&V)&?
M24*9P].(COS$'_D'I[N3@&)70VS08)0X((-HR"!^R CEO\0._BQ-*=MUC,O
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MH$D \EJ[#P*:]_''$31U.L! N_Z$#"Y_1%@53H%*SA/679_&9;LCVS'6P,(
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MI21=]_.(A0=;6(*+ Q%Z3_<;DL<(2VR!S\@EA86ZZ%WY!EU2>"@>7LF$I;B
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M^'R#6,2I;.UGO2RFF(B($FH9S?=&<Z?1[V=_;+(RJYN]#*3'2)O7Z3RK9/<
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M]@ZDI>] GOP=!WBV1X.U>8']3DPI,1+B08+M?M IG9Z:T,WG)F/C05ZJ)>1
MY.P$UE)O($_NC8-7TL",&]S($PF)T=B:)5*#J"<SQQ!7 W9#@7X$;(;:EG"U
MU!S(DYNC[V8H C)P4-M<4\N^@3SI-QS91PF0"]:>?E3+Q8&(.UX\8)6=F"$A
M#ID1.0)BK=[7216J4<J3HZ/MXGTFW5IR#;3+77%&E]>R7:##TUVX71Y(9@&Y
M/"1F=WDMXP7RI+P8X/)NS7WH.H*F3@7HB6SI4/_9:?#Y#R#F\A^-'YZ$'(;_
M#)KL:MDUT"YYQ3E]2AOE#\]WX?&IX:N?KTTZ]CJJEC@#>3)G#/',X4_-O%;
MR,_?("U7!Z(#R3;U:#C"O"9]1^<KC4&>/!GP/'OBN^PV7Z[S4CI6_5Z5Q5]U
MDR^SNG<'11/T7@6MY>6L;%Y,,J_7)==%/M]L7WCRG"\VR_0**MVU]CJ/95H\
M-J]%*8-9OEE5M5G:M_MWKTR:%XYTOK^MW\D"?"]K)GQS6]>>^5M=_/JW[8M7
MU.VW+X+Y)2FD*Y?!(GV0IH17]9&E8OMJE>V'*E\W+QNYSZLJ7S9_/J7)/"UJ
M ?G[0YY7KQ_J&^S?<'/S?U!+ P04    " #UK8Q2R<Q 8X,"  !=!P  &0
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M8 VY=5R$61"F2\E1J^2H,[KY/6B\OZ0TD)><<+QEYK5#T,UR3!Z!ZM> RS<
MGP4R; ,9=C(M_>T!C<V&4^N3^5OJ_ES 4;O;Z#\7<-PJ&?^3 G:S1,GA"KX%
M68<2[G4J+,W&-W!#4E5*6_>#UMJ^$7/?&E_8%_AVU*W^%TW]\%Q0O6'2$ XY
M4O9[(SQONF[F]<2JK>^':V7Q?/AA@>\?:.> Z[E2=C=Q&[0OZNP)4$L#!!0
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M\NGVZGIX\SOZ-![_/AFC=Y=,4QXI1-ZC#VAX?X/>W;]YC^[?()Z@22A219-
MG;4U:&#DM/W\M%%V&MESVB7S3Y&+3Q!QB%/!?GDP.QYLL[?![L)X4AA/K#QW
MGSRN_$BH5#(D9A MQF86@(U9/MFXG$*RP(JFR9Q/(X:H4DPK]&!D(:Y9K+[7
M:.(6FKA6D\X>3494A6C.$B;AV&2.TH3KIRK_9F*Z>\0 0&Z?X&Z_7^7<9MZ>
M-R!>G6<[A3V=6GONJ/](Y\:2AYC%4R:_HW_16#,6%0LUIWC%*=Z1\>L6FG1?
M!;]AO9@'_+T*](S)LTRFD"\OL-?O=0#DY2:^C61;IO4*TWJU.MT(L$=M0?<K
M6/:+8_I'QG)0:#)X'2SKQ3R02BP'ST#J>!B3W@Z6S\G<?K\[V(,E=LIR[]1J
M]84G.UD)*UM+-1[$&UT%'QE-7!9Y3%X'SP8Y#VXEH#G7%E1XT/7ZN^EY .&V
MA67SP/7=XZL.F=Q)R5_)45R6==PY-JYE\<?>*^%:+^>A4XVK5U%."?%V46TB
MV[:N;"BXOA5<"1&L>'08?F4MQ[UCXU<6?-Q_G9DGE[.5.%VGB[WN+A;-A-NZ
MEBT!UQ?S9VA >KULQB%ER2;.D3$C95TG^'5RKD'.GD$GYVJ<=)KIMNW;^(.@
MOL97X?S" 8B499RXQP:Z+/2D?H _'.AZ.7NFH)QK$T#B>MY@M[HVTVW;5S8/
M4E_TJX!^T6Q$RLI.NL>&N>P'I'ZX/QSF>CE[9J.<JWDV.H!PV\*RRY#Z+E,%
M]$OG)5+V#3(X]@U#V4?<^M'_8*P;Y.R9EW*NIGFID6S;NK(SN?4=92)IP&(J
M'Q6B28 65+/$>+$93;?L#N[1[XLV+HQ>Z\;(?5Y"L>>Y9!>8YW38<['C[D&F
M;"5N?0MH0.;E'=8MJ[Y[[ LCMVP#[BM=&37(V=-A<ZZ:V[YU%%1<%#;RKB-C
MOQ],"]I>*4NV6U^RJX?#80/7)&1HOB[V@"[4^(T1W0=O?]CQ-N(*J5"L$I0P
M;5AXO*!<QA">"*)$F<MN(X7&(DTLP?T;[ Q.7-<Y09+Y8I[P?VSXF MI?%KG
MCK)CN/_GVFC8P+5EO,DRO4XZL(!J1"'BC<8RR/0M@KDBTJFQODA(Q>;&(2<@
M1RAFY":*VC<;9:4&3/(E")U)$5MO35,%PL%[OHBG/,FR"GPWUC2,5@PTFH2I
M! Q8@J[BZ6?TKC7^-FF]MVI?T2BB,A!HS/(S1N/;4V3,R[4SRL &G&A.]X&$
M@PKPJ04*Z1*L2@(V@TE.,Y0J-DLC,';)0%EEU'NR;.SG N1G3"!"2SY-]29K
M]&2VC#DC 4&1/+U5-H30+!(K58=TI^S'G88^6CDS#1NX[MF,2;76KL#<O'T%
M"#R=F48SYT%90[-4FWJWD&+&-9WR",J,"5^51C83"N"H_R/EBJ_QNJ4Q5Q1-
MGPP$9A*&U/&I]9<?I7D<73+?EF>3 -X)6H7<#VV@+8$Z.\MDF6;*>)LF20H
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MM"P/<9;_0)'=+#6T, _W#?/0PCQ\)<P=\6'W</!F3=S0$??5P_*/K 5$6UK
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M6BA@N#5,06]D,B.;<MATM"A=14F$-O7)-7/S@J"T"\S\5@C]TK%%JGV3IK\
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MB&W;!C;>#=-PN9+*8'9::[*DCU0^KQ\X],R<91[&-!$A2Q"GB[;1Q;=C7%<
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M#GG$T_(U[4BVUM73C$FHQ71S!24_Y6H"C"\8D^\=)9#_B=#Y%U!+ P04
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M[=C>6,E.50H#@;%>(B<#A[&.(R=K1TXL ]]F% :R8WL3)SO9**QQ'ZR7R,E
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M07$:B2TU[H!OT!X2@AW[R*0AD-A.B#$Q;T'0Z@PZ=4[B6)0T>=>(;E9<43B
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MJ +@_89#V6D&U0+M/P'C_P!02P,$%     @ ]:V,4AA ,NO$ P  ,0X  !H
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M!OX )&2-]YE<L,/?I"+D%/96+!/Z'QS*N:Z:O-H+R?(*K"+(4UH^\:\J$2<
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MEO7%,6&M*N"FA=E!QG^YZ*J?L,0J"'%77,>;L+GC+2<LL1I#W!KS+-DH3"9
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MB]/2XD:*;7[@^"RD%&%^N>%LR>/,0+U?"2%?;[(!JC/KT;]02P,$%     @
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M;*+T*GGX0Q8[E"<X32*=_T4/Q7>=$9IN=)JLBL$F@U48;_^+QZ(0E0$N:1B
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M]BZ[FVK^#D8&S*4N;Q .F(WMS.XNW(4RM3.C35%5>"\ROZ75Q3#@FS@#D(X
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M)NPXM*#U=N(IWNZD/N&,!GNRI7,JE_M'KEI.F64=IS03,<L IYNA=0>_W.-
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M3]"?3Y5*-F_2 8JG/R[_!U!+ P04    " #UK8Q2(;A"4:0#  #&$0  &@
M 'AL+W=O<FMS:&5E=',O<VAE970Q,30N>&ULS5C1;N(X%/T5*YJ'&6FWB2])
M("- @G9&BS2M$+2[#Z-],(D!JTG,VJ9,I?WXM1.(J38)J!42+Q [ON<>^]@G
MMOL[+I[EFE*%?F5I+@?.6JG-5]>5\9IF1-[P#<WUFR47&5&Z*%:NW A*DB(H
M2UWPO-#-",N=8;^HFXIAGV]5RG(Z%4ANLXR(US%-^6[@8.=0,6.KM3(5[K"_
M(2LZI^II,Q6ZY%8H"<MH+AG/D:#+@3/"7\<0F8"BQ9^,[N31,S)=67#^; J3
M9.!XAA%-::P,!-%_+_26IJE!TCS^V8,Z54X3>/Q\0/]>=%YW9D$DO>7I7RQ1
MZX'3<U!"EV2;JAG?_4'W'0H,7LQ36?RB7=FV&SHHWDK%LWVP9I"QO/PGO_8#
M<10 T!  ^P H>)>)"I9W1)%A7_ =$J:U1C,/15>+:$V.Y4:5N1+Z+=-Q:HC]
M&_1]\C!ZN)V,?J#)P_QQ]G3_[>%QCC[?4458*E'X!<T^(9:CQS7?2I(GLN\J
MG=H N/$^S;A, TUI -WS7*TE^I8G-'D+X&K.%7$X$!]#*^(=C6]0!_^&P -O
M//N!/L\^?6G![50#TBEP_0;<J> +LD@IDC'-B6 <_<QHMJ#B;_0O>II/[CM5
M14LVO\KF%]DZ3;U@,DZYW J*^%+/)C/B--&#7:ZW8MXN]&)"2Y:3/&8DU>^D
M$EN],)1$/PT>8HIFLHU-4+$)6OL^-ZM-KQ*F7A')2?HJF42:"=+3,'Y&&\%B
MB@23S[4SH,0.&[#U%.KY7NBWT PKFN'') K.D:A;9>M>@42]BDWO@A*5V$&!
M;?SZ9?A[#^,(]]V7&DY1Q2EZOQ[3T>/DK"6#/6M9WA4H@H\L%%]0DSWX&U$@
MBOQZ33!85M#.ZB &?I>#86N8N',-<EA+Q?XEY?#_+X</7@>@01!KKOB$NS8*
M<I9?86N/.+P&0:R!XNXE!>G6".(%41 T"&*M%)_PTEI!SC<LZX\XN@)!P!HH
M>!<49 _^1A#L1UVO7@^P/@HG?/2@![S+L<!:(\ UZ&$=%-KWG!_4HU/S53=;
MK89/"%@GA1-.VBC(68X%UAHAN 9!K(-"^P[S@X*$#=NLIA5BG11..&FM(&<[
M%EAKA-XU"&(=%-JWF!\4)#IU-#$;+J^.J7MTM,ZH6!47"!+%?)NK\I1=U5:7
M%*/R:&Z;ES<<]T2L]""AE"YUJ'?3U1-$E)<&94'Q37%07W"EC_W%XYJ2A K3
M0+]?<JX.!9.@NKH9_@=02P,$%     @ ]:V,4HPG8'$V P  M!   !H   !X
M;"]W;W)K<VAE971S+W-H965T,3$U+GAM;,U8T6[:,!3]%2O2I%;:DMA "!4@
MM;!I3"U"I=T>JCV8< &K2<QL,SII'S\[T!BDXL+$0UX@CGW//?>><&+37G/Q
M+!< "KUD:2X[WD*IY540R&0!&94^7T*N9V9<9%3IH9@'<BF 3HN@+ U(&$9!
M1EGN==O%O9'HMOE*I2R'D4!RE654_+F!E*\['O9>;]RS^4*9&T&WO:1S&(-Z
M7(Z$'@4ERI1ED$O&<R1@UO&N\=4-B4U L>([@[7<N4:FE GGSV8PF':\T#""
M%!)E(*C^^@T]2%.#I'G\VH)Z94X3N'O]BOZE*%X7,Z$2>CS]P:9JT?%B#TUA
M1E>INN?KK[ MJ&'P$I[*XA.M-VN;D8>2E50\VP9K!AG+-]_T9=N(G0!</Q!
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M9[$Y(F\&BB^+8^F$*WW(+2X70*<@S (]/^-<O0[,2;?\HZ+[#U!+ P04
M" #UK8Q2L9A -3 %  #M'   &@   'AL+W=O<FMS:&5E=',O<VAE970Q,38N
M>&ULS5E;;]LV%/XKA-%A+=!:XD6WPC$0VROF(<T")]T>BC[0-AT3T<4CZ:0!
M]N-'RHKH9#+E5GDP$"0BJ>_P''Y'WV'(P4,A[N2:,06^9VDNSWIKI38?/4\N
MUBRCLE]L6*Y'5H7(J-)-<>O)C6!T68*RU$.^'WH9Y7EO."C[KL1P4&Q5RG-V
M)8#<9AD5CR.6%@]G/=A[ZICQV[4R'=YPL*&W[)JI+YLKH5M>;67),Y9+7N1
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M9PO>3&6?FO0$75>1$#$@ KB*@UKB )1X4=M=&H6RM5RBF8XBF:)GI%:IK@D
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MA#4*S0.3FG> ]<>>8!W@V2./P34&*$\/3,K="=:,AASRK$9Y>6 "\ZYS;/X
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MZI8/A=F@U]><J\>!,= UD=-_ 5!+ P04    " #UK8Q2*B2PN-8%  "R(
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MI"@M#LB+&RWG^9'Q2&HMX_QR)OA$I-D+YONIE/KE)FM@_6\*P_\!4$L#!!0
M   ( /6MC%*)<@#T000  "P2   :    >&PO=V]R:W-H965T<R]S:&5E=#$R
M,BYX;6S-6%U/XS@4_2M6- \STD!BY[.HK03MH$4:$"K,SL-H'MS$;2*2N&N[
M+;/:'[^V$Y)2$A>804)"-!\^]][CZ^,C9[BE[(ZGA AP7^0E'UFI$*L3V^9Q
M2@K,C^F*E/+-@K(""WG+EC9?,8(3#2IR&SE.8!<X*ZWQ4#^[9N,A78L\*\DU
M WQ=%)C].B,YW8XL:#T\F&7+5*@']GBXPDMR0\2WU363=W83)<D*4O*,EH"1
MQ<@ZA2=3Y"J 'O%W1K9\YQHH*G-*[]3-13*R'%41R4DL5 @L?S9D0O)<19)U
M_%,'M9J<"KA[_1#]7).79.:8DPG-OV>)2$=69(&$+/ Z%S.Z_8O4A'P5+Z8Y
MU__!MA[K6"!><T&+&BPK*+*R^L7W]43L &#0 T U .T#O!Z 6P/<?8#? _!J
M@*=GIJ*BYV&*!1X/&=T"ID;+:.I"3Z9&2_I9J?I^(YA\FTF<&$/O&)Q?7)U>
M32Y.OX*+JYO;V;?++U>W-^#CE B<Y1Q [Q,X F>SK^#C[,,G,/L LA+<IG3-
M<9GPH2UD&2J8'=<ISZJ4J"\E I>T%"D'7\J$)(\#V++^A@1Z('&&C!&G)#X&
M+OP,D(.<CH(FSX;#00=\^GQX9&#C-BUQ=3RW+U[&XYSR-2. +N0:5ET@B9ST
M2N5:+7,I8;#(2ES&&<[E.R[86LI1</!#Q0.9( 7_::C&:ZKQ=#5>3S67=$-4
MX*X^5\B@!RD7BN^[(0R]KI8<Q :.%Z&HJQT'H="#_B! !O9^P]XWLI\1G&?_
MZDGOFH *[&NPVF$WXR,8!&$4!4-[L\NV8V X<%S??3QNZA^BYH9RC4(#LZ!A
M%AB9R5U3[HDE(/=QBLLE 2SC=^!'08HY83_!?V"">0H6TA= 2A+Y'L<Q79<B
M*Y=@E6.A5EH]V%!-V%03OH,U'S751,:YF50S(K<YD4KBA>+-I<M)VK(H04'\
M>&ZZEH8Q@W+S$[[",1E9TJXY81MBC8&A]$%3^N#5<AT\780H<@=*GYN.E-!I
M/<3Y'974Z/W$T!OT)-XQ+_CFC:I3[%87(7]/O^8Z7MY.B%J*Z/=T>E'&M"!
MX'L@_1APJM412X=EV7RMI2/_XGXU/T/&L/4N^![,"[;N!<WV]4=6B#'%*YK?
MN@\TVX])S?"IIPP"WX<]FFI] 9J-X9"8@XZT*.Q+VQH #-^^46'71N/L:]E8
MR"O:V=H*-/O*02V?XXR!#<[76CTMXZ?>6\HCX7.$V_H&'+P#X:+64Y#94_[$
M>C"G>'FG46M,R&Q,)N&BIX9S!*/00VZWAE#K%<CL%0>D6Z/W$@=1&/4D;G=]
MY+Y]L]R#IPG/[SS<&6M[09?MG6-T0=A2?X[@0$NO.HPV3YM/'J?ZH+_W_ R>
M3*L/%VV8ZCO*)69+*1N0DX4,Z1R'LAFL^C11W0BZTH?U.17RZ*\O4X(3PM0
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M\^C'_>W#\Q.X&%!)HE@ Z%^";Z WN@,7HR^78/0%1"EX7K"5(.E4M&VIS,C
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M!>K]C#'Y=I,IJ.;4W?\!4$L#!!0    ( /6MC%)?8F;GE@8   LT   :
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M3GX*=*1^.OXD<X_>3 %^- 2C2P&"="BK2YM>5U-!6HP8!>Q1/_8.JMZI#U/
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M'N"KC ( *S^ +TV1K.+JEZQM@^Y0 $"I"F%!0 %5U5 + NK +?%($-ZR%*\
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MGT@@C($^7W#=C-7&#.'ZHZO_#U!+ P04    " #UK8Q28KR9LA4#  "C"0
M&@   'AL+W=O<FMS:&5E=',O<VAE970Q,C<N>&ULS59;;]HP&/TKGZ)*HU)+
M[A<J0"J7;D@MJH!N#]4>3&*(U22FM@/MOY^=A(Q-X?*PA[TDOIV3<[[O<^SN
MCK(W'F,LX"--,M[38B$V=[K.PQBGB+?I!F=R9D59BH3LLK7.-PRCJ "EB6X9
MAJ>GB&1:OUN,/;-^E^8B(1E^9L#S-$7L<X 3NNMIIK8?F)%U+-2 WN]NT!K/
ML7C9/#/9TVN6B*0XXX1FP/"JI]V;=^- K2\6?"=XQP_:H)PL*7U3G4G4TPPE
M""<X%(H!R=<6#W&2*"(IX[WBU.I/*N!A>\_^4'B77I:(XR%-?I!(Q#TMT"#"
M*Y0G8D9WWW#EQU5\(4UX\81=M=;0(,RYH&D%E@I2DI5O]%'%X0!@>D< 5@6P
M+@78%<"^%.!4 .=O@'L$X%: PKI>>B\"-T("];N,[H"IU9)--8KH%V@9+Y*I
M.ID+)F>)Q(F^Z;3A83*]GPXG]X\PF<X7LY>G\70QA]8("T02#F;G&FYA,'N$
MUNSJ&F97H ./$<,<2 8O&1'\1HW*SB*F.4=9Q+NZD.+4)_2P$C(HA5A'A(QP
MV ;;O '+L(P&^/!BN-EI@(\NAP<-\/'E</]/N"X34F?%JK-B%7SV,3["PX3R
MG&&@*UGW*A$XDA$N?PS%#EO*70\KDJ$L)"B1<URP7.Y@P>%5\0$1..4_3ZBQ
M:S5VH<8YHF:NDAW3),+L"P?\GA/Q":WR?=V4Z9+..T(G2\4T+==T#;<ISQ>
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MTN22F'0X6<?7@2GA(IJXN1+W:J!R@AA?$,+W'7G#R&[J[3]02P,$%     @
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M.._L<@V?,%2: +B_%$(?-N;0JSZ*AO\ 4$L#!!0    ( /6MC%*FFR]3<0,
M ),*   :    >&PO=V]R:W-H965T<R]S:&5E=#$S,BYX;6R-EFUOVS80Q[\*
M(?1%"RP1J6<'MH'8R; ";1<X6_MBV M&.MM:)5(C:3O]]CM2BN+:LK(WMDC=
M_^YW?#C=]"#5=[T%,.2YKH2>>5MCFAO?U_D6:JZO90,"WZREJKG!H=KXNE'
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M",H:X/NUE.9E8 /T?>C\/U!+ P04    " #UK8Q2"NVEA'@#  #9#0  &@
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M GY?2VGN.O:PWMSF)O\!4$L#!!0    ( /6MC%+';4Y-C0(  .8&   :
M>&PO=V]R:W-H965T<R]S:&5E=#$S-"YX;6R=5=MNVD 0_961E8=$:O -&QP!
M4D(2-1)M$?3R4/5AL0?8QO;2W072O^_LVK%H:TC:%WLO<\Z<,Q[O#O9"/JHU
MHH:G(B_5T%EKO;ER796NL6"J(S98TLY2R()IFLJ5JS82669!1>X&GA>[!>.E
M,QK8M:D<#<16Y[S$J02U+0HF?]Y@+O9#QW>>%V9\M=9FP1T--FR%<]2?-E-)
M,[=AR7B!I>*B!(G+H7/M7XUC$V\#/G/<JX,Q&"<+(1[-Y"$;.IX1A#FFVC P
M>NUPC'ENB$C&CYK3:5(:X.'XF?W>>B<O"Z9P+/(O/-/KH=-W(,,EV^9Z)O9O
ML?83&;Y4Y,H^85_%1HD#Z59I4=1@4E#PLGJSI[H.!P#B:0<$-2!X+2"L :$U
M6BFSMFZ99J.!%'N0)IK8S,#6QJ+)#2_-5YQK2;N<<'KDQQV8W%W/[^9P?HN:
M\5Q!> &7<#.;P/GL[ )F9\!+^+@66\7*3 U<36D-V$WK%#=5BN!(BEM,.Q#Z
M;R#P J\%/GXUW$]^A[MDMG$<-(X#RQ<>X9M*5%AJ9KM(+"%'Z@(%]$/04"E$
M^,H62DMJL&\GTH5-NM"FZQY)-['T;56K</$1')7=C[W0]UI+]C*VVT]Z_5/U
MZC8&NB<-U/6"'<NW""S[3DU9F(5+..ZMHHPLI3E(=J-+WTO\H!<-W-VAD=;
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MYQWAFY:,02&08#@!M,6/>$6 H^\YY"M@/SH4W$;!U0KN$86E8I[7Q#=R\5I
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MP-0&N;ZF5#P-U,O4_(E$OP%02P,$%     @ ]:V,4E5?D8[= @  0P@  !H
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M-%T59;;8%%8:+.)T_6_X?=,3+@7(I@ Q"F"_HP#=%*!F =91@&T*,+, [RC
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M_I[F:@$3_T^-:?1].@_3QPC-7K;3YFN2\P^ZT^9K7O/WM=-V/B#Y+_PW:$W
MT9(J<K4601#0PQ[O\ON^ID3??7MNT+&<#PCK:B:T32>QL"8-<.9$>+)KV>0W
M#HCNY83H^8#8KN9"^X&<4&+F2T!@>_C;#=84Z[_D;"G8M'X!74VSX\J.I@%
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M1[+;"\F7Z:GFA$O)PW2XH&1&16*@GL\YEV\7R4%I?C#>^A]02P,$%     @
M]:V,4GZ7ZK0I!0  L!@  !H   !X;"]W;W)K<VAE971S+W-H965T,30X+GAM
M;,V96V_B.!B&_XJ%YF)&:DM\R($11:*EHV66%@2TNZO17@3B%JM)S,:&=O;7
MKQ/2F"JQ"YV]Z$W)Z?N^UXG?QX=VGWCV*%:42O"<Q*DX;ZVD7']MM\5R19-0
MG/$U3=6=>YXEH52GV4-;K#,:1D50$K>1XWCM)&1IJ]<MKDVR7I=O9,Q2.LF
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MRQ]0]^\YER\G>8'JGQ2]_P!02P,$%     @ ]:V,4B7U))H"$   74H  !H
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M3_GV^'U[H[-U=2!]FVF=)=7E2LF%RDL#^/XNR_3NIGS!_D>0X?]02P,$%
M  @ ]:V,4MN[1;'[ @  $ @  !H   !X;"]W;W)K<VAE971S+W-H965T,34U
M+GAM;(U6[V_3/!#^5ZR(#R"QY7>VH;92V@R!WC&JMH 0XH.;7!N+Q ZVN[+_
M_CT[6>A0VNY+8SOW/'?/77S7T5[(7ZH$T.1/77$U=DJMFW>NJ_(2:JHN10,<
MWVR$K*G&K=RZJI% "PNJ*S?PO,2M*>/.9&3/YG(R$CM=,0YS2=2NKJE\G$(E
M]F/'=YX.%FQ;:G/@3D8-W<(2])=F+G'G]BP%JX$K)CB1L!D[J?\N2XR]-?C*
M8*\.UL0H60OQRVP^%F/',P%!!;DV#!0?#S"#JC)$&,;OCM/I71K@X?J)_;W5
MCEK65,%,5-]8H<NQ<^V0 C9T5^F%V'^ 3D]L^')1*?M+]IVMYY!\I[2H.S!&
M4#/>/NF?+@\' #\Y @@Z0/ O(#H""#M ^%) U $BFYE6BLU#1C6=C*38$VFL
MD<TL;#(M&N4S;LJ^U!+?,L3I21!<DL7M7;JZS2[FZ6+UG4S3N_1^=KLDZ7U&
M5HOT?IG.5A\_WR_)ZPPT994BP1MR0::+._)Z\>H-6;PBC)-5*7:*\D*-7(UQ
M&78W[V*8MC$$1V+P _))<%TJ<LL+*)X3N"BH5Q4\J9H&)QDSR"])Z+\E@1=X
M P'-7@SW;P;@V<OAUR?4A'V-0LL7'N-C*J^$VDD@8D.TI%Q1>VL468/> Y@+
M6%$-!6FHU P4^4'7"@US_?.$_ZCW'UG_T1'_RU)(?:%!UNB/PX9I1;#A$*B;
M2CP"NL.Z8V@;EH,<K'_+GQSAQP\H\N(@&"K4661X%<5#R.P\,KB.3I4G[M,3
MGTS/7"A]T>8"^Z'N<S24B)8IMDRF(S],?-\?N0^'D@=LO)OG-MF03=S;/).1
M]#*2DS+^@T=L+!Q[O5718"D%YU"17-0X9!0U7]R0IN1\<9,P'"KN661X%2?^
M4''/(X.;.!PJKGO0*VN06SMS%(K<<=TVF/ZT'VNI[>;_G$]QW+73Z2]-.RL_
M4;EE>#DKV""E=WF%=9+M_&DW6C2V(Z^%QOYNER6.;)#& -]OA-!/&^.@_Q,P
M^1]02P,$%     @ ]:V,4I6&K=UK"0  L$$  !H   !X;"]W;W)K<VAE971S
M+W-H965T,34V+GAM;,6<66_C.!* _PIAS,,,L!V+APXVD@"Y9C= .A,DZ3TP
MV ?%9F)A9,DKR4D/L#]^*5EQ6195M"POW \='ZQRE515'XND??J19G_D,Z4*
M\F,>)_G9:%84BZ_C<3Z9J7F8GZ0+E>AW7M-L'A;Z:?8VSA>9"J>5T#P>,\?Q
MQO,P2D;GI]5K#]GY:;HLXBA1#QG)E_-YF/UYJ>+TXVQ$1Y\O/$9OLZ)\87Q^
MN@C?U),JOB\>,OULO-8RC>8JR:,T(9EZ/1M=T*]7TB\%JA%_C]1'OO&8E*Z\
MI.D?Y9/;Z=G(*2U2L9H4I8I0_WE75RJ.2TW:CO_42D?KSRP%-Q]_:O^U<EX[
M\Q+FZBJ-_Q%-B]G9*!B1J7H-EW'QF'[\3=4.N:6^21KGU?_DHQ[KC,ADF1?I
MO!;6%LRC9/4W_%%?B T!SCH$6"W M@2HUR' :P%>.;JRK'+K.BS"\],L_2!9
M.5IK*Q]4UZ:2UMY$27D;GXI,OQMIN>*<L1/R>'-W\7QS_>7AXO'Y7^3RXN[B
M_NKFB5S<7Y/GQXO[IXNKY]O?[I_(S]>J"*,X)_P7\H5</MZ1GQ]_^H4\_D2B
MA#S/TF4>)M/\=%QHNTKMXTEMP^7*!M9A V7D6YH4LYS<)%,U;2H8:X?67K%/
MKRX9JO%:34X(IW\AS&&.P:"KG<6I1,SAZXO,*WV\2U^43^(T7V:*I*^DR,(D
M#ZLHSLF+*CZ4*C,B#@LU)8LP*R*5D]]+'20JU#S_-V*!6%L@*@M$AP67::8E
MHN3->'M6LEZ'K+Z_C#/'Y9R9+J55F+J>='T?NY#NV@T7=>,Y_$%TZ5+UU33Y
MLE+@5@K*&O9^SO7G:\O?-XUNCQ+4<<1Z5,,Z;VV=AUKW6S%3F?$">ZV/<X6W
M;5-[$'4"US?;Y*]M\O$KEA9A;#+);WV:OLG"$X&W959[('5]X7O",5L6K"T+
M4,ONTDD8ZQ*792J9_$E^GZOYB\JP8)=KS?)(Z48=**O.@(2KA1L750:^S_U@
MZ^J;1C*'<^ES\^6G&Y6?#DTF7$,YQ?B:+\*).AOI.42NLG<U.B>F(G$ 14TO
M&7C)]DQ*7+"/<\,5-9T#KE"^7W;7<KL$F&$D'F# '(I#YZ_+4.=>H<K\JK.;
M_)?HV9>>6R7MS-?OW2RS=)=*0 $8U#U6+0 L4)P+EEJ "O<)PS9 F'"<CC)-
M@2!T3X3@<GTL-\ (L1P(0W'$# Q _?SJZ9[D6D%,\I/X9*?0!$K18V&* :;8
M$$SAPCUN,&M3#+G!#!#&+ CK"DU<KH_EM)?E@"6&8ZE_:'Y_NL9N.3"#':L9
M84 &-J0=J84;<_B N9M7O;XY[8%,NH'G=*"+ 3;8X$8#U] GQ(8K:GH)8&+[
M-BRX8!_GABMJ.@?88GMBJY9#.M9UM!G\,: *#3F %3LTK'1%J!$5Y7&Y]$+^
M>7N["Z,8,(H=BU$<&,5Q1GT+BV46E;I-=],B_*"RA2J6VY'0- 5XPW'>X'6K
M%L:60ISJGRFP>!LTZ]&FP.* &HZC9H=:AFOHD>X'4-3T<F.)#6^%NFL9+MC'
MN>&*FLX!+SG.R\Y:QNVK;TC(M?&)AQS@D^/X'%++]*5+E]ED0Q2[A, Z[AVK
MD@&2.(XD2R7#A;\O2)$21XRI/V8.\S"+ #H<AXZEH 7VM=U.4M;"S24(A)0<
MH,3EX(*&:NB3\\,5-1?L 7L")U=W0<,%>SAW $5-YP"D8L_&3=@9VAURPL!0
M+.0$,%3\']JUS\E9DKZ'Y%TE.OEWJVH"J">.MK.TL;6$PPFO:A9A.F9!6<X"
MS!3@CL"Y8]GF<JVQQ3MAB7_R'KD"Y!)XE]:=*X8=(][D=VW[@9LP <03.+3,
M>=-_ZT< T41PK(P 0 D<4)8PE.WE#<Y\Z8KMVV88Z'DT<#QS.7.!+2[.EEWV
M4=M+=L:-U/8P9"?5!4"X.""ZZ>>VB[QA,]4P"ME-=0$$KJ69ZDK&6@Y;5>">
MU#:8BDLMW+C8/M4WN\M> (2+MT6]$E"_\UPF3))F4Y4741*2.'V+]*-)2/*3
M<)=,=8$;KCA2IKH;YPEP8.#LL@C7,W(YIE(CS/5(F$S);3)5KU&B;<0,A.+O
M#MD[JH6QDQO"#ZCC&H/.M%_$ BJ[DA>JOFM9>MNAO+37T;@KY/;A ],P7W06
M0*"$B_<]2'EIMRV<R>U=4\.HP'=8AUD #M?2V716%VF]T2[U BF--[K-$1T6
M@G?9ZP%'/)PC?:O+K\]WY MY53JFWZ-PE?,;Q6:'\N(!03QZI/+B 2T\G!9X
M>;$(KQM^AY8S9(I9!#SP<![@]007[M%9>NU3!8)3&G0$'###LRR$V2L+KJ&/
M#\,5-;T$*GDX6)"#9(?:=#J HJ9S&X?D]FQG<+D^OK7!A@4?8,T[8#-3-O^Z
MQ,V5]G:9O94SJ$463G<K<L Q[UC=C@?0\G!H68H<+KS3=,D'(/F#&YM: [8*
M(#U36/F&5J?S>"9@RM^WT?%-1P^V>T33(.YV& 7<\O?L<GQKER.$<?G$;W<X
MF\UDTTZ@F7_8[J9<CE.)TNFX4Q[ZP"7_6+V,#]3PA_0R%N'59(/JF8973C9X
MU<M$.R4G5'[?4OEW2,Y#,<!O,X!303L";N,T-8X )%L-YZ0EVUZ)LXUJF@48
M\/%VICM?[3LXTOP-";_=X;B.UW4! 18^7N_WR=BYUI&%DW"GHZ$!L")PCI2S
M 53_ *_^>,Y:A.N<96-6-0@"LPA*?X"7?KQ!"*SU/Q">+XQM:-!&@)Z4"4=T
M3,P"P$!@.09M+RRXAAZ%Y0"*FEX"8P*\]^FN/;A@'^<.W/($ *_ <N"NJX(%
MUDT;).+:7_/!(PY0%N HZUO&;O(B3&8IF2J2I<DT37:;@ 0 IL _5C';^$(/
M3B%+,<.%_3%URRK&,%, ,\&0'9C NII&J2N,$=5>2J.R:QU- HJDI6WIBGYI
M;U8Z+)6FKQAU6@K DCAS^@;^MY+=49J3))SH: S+@_3A3@?I)2!+LB/%O@0$
M21Q!>.Q;A&$CP;&M]$G A1QRQEK:#XY)86R#9?O4F'!%QYZ!! #(P2>N<0T]
M,'< 14TO@1MRWQ/7N& ?YPZ\V2^!07+/$]?2>N*Z,]BLDJO8:UL_WOA._%QW
M_-5/!>1DDBZ38O7U^/6KZY\CN*B^A#^&X:O?,O@69F^1+B:Q>M6BSDG92F>K
MGP=8/2G21?4-^Y>T*-)Y]7"FPJG*R@'Z_=<T+3Z?E!^P_I&&\_\!4$L#!!0
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MCJ.DC:/4)@MI8TS;/1+9^>!E7DZX<EY^B2!W4,;TW _XIUHL6>'TKX29HTL
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M4NNCL_6%D0MW^C1Q'9@;SCG+N;(3X/E42O-T81=H#C O_@502P,$%     @
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MEU"Y!79^(Z4Y=!Q!?P.;_0U02P,$%     @ ]:V,4LVYBG^/ P  \0L  !H
M  !X;"]W;W)K<VAE971S+W-H965T,38P+GAM;+U6:V_;-A3]*Q="@"5 9XF2
M_ IL [&=(05:++63%D/0#XQ$6T0D42.IN/GWNZ04.6EE.=N ?+'X.N>^Z,,[
MV0GYH!+&-/S(TEQ-G43KXMQU592PC*J>*%B..QLA,ZIQ*K>N*B2CL05EJ>M[
MWL#-*,^=V<2N7<O91)0ZY3F[EJ#*+*/R:<Y2L9LZQ'E>6/%MHLV".YL4=,O6
M3-\6UQ)G;L,2\XSEBHL<)-M,G0MROB1# [ GOG*V4R_&8$*Y%^+!3#[&4\<S
M'K&41=I04/P\L@5+4\.$?OQ=DSJ-30-\.7YF_\,&C\'<4\46(OW&8YU,G9$#
M,=O0,M4KL;MB=4!]PQ>)5-E?V-5G/0>B4FF1U6#T(.-Y]:4_ZD2\!>#7 /\G
M !D<  0U(/@9$!X A#4@M)FI0K%Y6%)-9Q,I=B#-:60S YM,B\;P>6[JOM82
M=SGB],P/>K"^NEA=7OWY:7FY6O\&EU]N/][\!:=+IBE/%?AG\#O,5Y_@='5R
M!JL3<$$E5#(%/(?;G&OUP:SBY"81I:)YK":N1M>, 3>JW5A4;O@'W" ^?!:Y
M3A1<YC&+7Q.X&%,3F/\<V,+O9%RRJ <!^0"^YWLM#BW?#"?C#G>")L^!Y0L.
M\7$5I4*5DH'80)12I3"#.+2YA(@67-,4[@P.N&:9^MYA-6RLAM9J>,#JEY+F
MFNLG*$H9)?CWB.$4"U6:JIVU5:FBZULZ(QF/LV'HC?L>9O"QQ8]^XT>_TX^+
M3)2YAH+R&%"K0">LOD1M3E1<@P-<>-?Z(W\0MM7TOR!?!31H AIT!G2#&HO%
M?*K+AY+Y@!I=2!ZQ%K_FW61WY'M;&@;'@O&#_G@<=$0S;*(9=CHP%QIUQMQ&
M2?,M@[N,9?=,=MW 44,]>L=[/VZLCCL#6EOR0^58C(]E-NR%HPXWB+=75Z_[
MGHCB7Z65O-!M\HZ))?[>KO]_4ENC35H:"2%>SQNV"PC9ZR<)NB7DD4GZQB3N
MY9&$[YG$O1R2;CT\EL2C.C;LC09=GA@=>[VRUP+2+0;M:C0_@KI!1:=UB=0^
M.L#6#I]26[+F-88=55":QPC?(O,4T.IYP+RO3@+2&_6AP..6IM<6I?NBW\F8
MW-J^44%D6*HGN5EM>M.Y[<A^61^<+S!9O^Y@O+ACVUEW;Z)JAC]3N>6Y@I1M
MT)S7&V*Y9-5?5A,M"MMQW5M=M<,$>W(FS0'<WPBAGR?&0-/ES_X!4$L#!!0
M   ( /6MC%)_!5Z0_@(  !P(   :    >&PO=V]R:W-H965T<R]S:&5E=#$V
M,2YX;6R-5FUOVC 0_BNG:-):J2/O@52 5 I3*[4:@W;5-.V#20RQFMC,=J#]
M][.=D+$JO'PAMG//<_?<.7?TMXR_B@QC"6]%3L7 RJ1<7]NV2#)<(-%A:TS5
MFR7C!9)JRU>V6'.,4@,J<MMSG,@N$*'6L&_.IGS89Z7,"<53#J(L"L3?1SAG
MVX'E6KN#&5EE4A_8P_X:K? <R^?UE*N=W;"DI,!4$$:!X^7 NG&OQY&V-P8_
M"-Z*O35H)0O&7O7F/AU8C@X(YSB1F@&IQP;?XCS71"J,/S6GU;C4P/WUCOVK
MT:ZT+)# MRQ_(:G,!E;/@A0O49G+&=O>X5I/J/D2E@OS"]O:UK$@*85D10U6
M$12$5D_T5N=A#^!&!P!>#? ^ L(# +\&^.<"@AH0F,Q44DP>QDBB89^S+7!M
MK=CTPB33H)5\0G79YY*KMT3AY-#S.S"_NYE-[KX]C">S^6>8?'^^?_H)%V,L
M$<D%^)?P!4:S![B8?;J$V2>P062(8P&$PC,E4ESI4[5YRE@I$$U%WY8J-.W
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MJVO$WQ:X8H>9 YWCQ(IL2ZDGW/FT05O\@N7WYIFKD=NS%*3&5!!& <>;F?,
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M8*X7J/<;QN1QH WT-ZCY_U!+ P04    " #UK8Q2?3!D" P"  ""!   &@
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MBWJ^KC>*K^S$.>5*SZ]VN=3?)$P8 _U^SKG:;8R#YBNG]PM02P,$%     @
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M/9KE_R'&ZB9*SDH,MF*)_07F,6(:\_TTA@@&M)/PL1-)34'614Z<2%/ET?A
M08:M(F._(D_X6O)YRNK^62ZD3O]M!N; 6?!UQJO1"6QAJYL8G9>MG5Z(O]X\
MRA9V;"/#ULOO,Q>RY)4&W:\;)Q+2R+P"!]BR(HW](OU5K[@\:>M@JY38W\%X
M-1E6/;&_UCQ*!CG:N*&F<D.NIL_XN#$EV/#E:A@=MTV""")GOZB_TS;-N7RL
MVL_*%&^;0M<MR/9NV^+^6#5V._='\')2-ZJMF[IO_H7)Q[10(.-+XS*XH(90
M6;>BZX$6ZZHY^R"T%GEUN>)LP64),,^70NCG03E!^P^!X7]02P,$%     @
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MKV4#-B+)1FE1-&#TH,C*^I]_;P*Q!XB< P#6 %@'0(,# +<!N,\%> W >R[
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M/D$KOF95KA?BY2?>  J,O53DROZ/7AI9[P2EE=*B:)1A!456UG_9M\81WZ-
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M$JG(&06.VY$QL>_B@5Y?+?B:XTF<C4%'LF'LNYX\IB/#TH2PP$1J"T2]COB
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M6J?J6_/OK%CKYIGR%3B(SP.HAT5]$5T_*+&M;EJ?A5(BJWYN.(/>J@7@^TI
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MMN'S1:3L+QSSL]V^ WZFM(@+,%D0\R3_9R]%',X O?H%0*, --X O,X%0+,
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M#M#^3E#W*Q9&0?F(&_\#4$L#!!0    ( /6MC%*M,R,1&Q   *1I   :
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M(!F;52$8*!GF31 @9T92'A(J F1""YDR!-([4#3R1%'LY2H0P*4.94'<8<G
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MQ>FB;-OZO+8?EFWQWZ:V8:Q57]<_-1M?L&V;TW[0K1??3UXNFVN+.KM]O.Q
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M^.Q^>'0)=[37:]=[M>N]0I_?IH_*%>,R%P3PC4EN_7T-EB33(P7V#&<2_&5
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M\-)<^ ,1A:F(ONX2F$)[4N[ ;/!E2=?$W*J>8&$7+*R#A5>"S:][EX@HI#:
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M:":V9J'XMIYAEESIB:A^W.@I%X0QT.]7G*OWA0G0S<VC_P!02P,$%     @
M]:V,4B?4RJR\ P  %PT  !H   !X;"]W;W)K<VAE971S+W-H965T,3<Y+GAM
M;+U7VX[;-A#]%<+(PR[07=UE*; -Q)=%%\BFAC=M411]H*6Q340B59):)W]?
M4I+E&Z48")H76R3GS)E#CCBCT9[Q+V('(-'7/*-B/-A)6;RW+)'L(,?BD15
MU<J&\1Q+->1;2Q0<<%J!\LQR;3NT<DSH8#*JYI9\,F*ES B%)4>BS'/,OTTA
M8_OQP!D<)E9DNY-ZPIJ,"KR%5Y"_%TNN1E;K)24Y4$$811PVX\$'Y_W<\32@
MLOB#P%Z</",M9<W8%SUX3L<#6T<$&212N\#J[PUFD&7:DXKCW\;IH.74P-/G
M@_>G2KP2L\8"9BS[DZ1R-QY$ Y3"!I>97+']K] ("K2_A&6B^D7[VC94C$DI
M),L;L!KGA-;_^&NS$2< )^P N W O00$'0"O 7BW OP&X%<[4TNI]F&.)9Z,
M.-LCKJV5-_U0;6:%5O()U>?^*KE:)0HG)Y[]B!8ORX^__;58H.GBT^+I^?,K
MNIN#Q"03R+M'#VBZ^HCN5N_NT>H=(A1]WK%28)J*D255!-J/E31LTYK-[6!S
M7/3"J-P)M* II.<.+!5Z&[][B'_J]GJ<0_*(/.<7Y-JN;0AH=C/<B0WP^>WP
MJ$>-UYZ&5_GSNOP1D61,E!P0V^CT5>LI6@-53Q(5&:8"_:U!B$C(Q3\]E'Y+
MZ5>4?@?E$R8<O>&LK"@U!<)"@!0(2R1WH-BWA%)"MWI=3WP#S$U'7_.$'3PJ
M=[PH]OTH,IW2][&^[<5VV",X: 4'/R88:/H]J35#4#'HF_5MX@W#T(F]D?5V
M*LM@=]B#4[MY\./RPU9^V"M_6B>3T!*7S?V]K!,KAWP-O"^IABW)\&?E<=12
M1C\ICZ.K0WLPGMK,9'@XI[/C-1EZ=N %1\,SS7&K.>[5_$PE<!!2W<H)R\$D
M)KZF=H-A[%^$.#/8>8[OV.Z%%).=.XP\VZS$L8]UR+XM+PM,4F-EL:^H%7$<
MVA=*3'9A',?!A1*3763[)^_PN9*3BNKT*EEB+DE""DPE2E2UXV1=ZAY'J+J=
M@JZ@.OL*X(29A3K7>^S$\67VF<Q<QQUVA.\>PW=[PU^!+#E%ZEHX?8GN,A!"
MQ7Z6</?&\-VKN!P[=H?Q9?S7=@^^[WO^Y>5H,@P<U^DZJ&.Q=;S_O1(T%'U7
M]Z$R7%>]&\"=)7-^ [B[:%@G'6,.?%MUWD*E:TEEW7RULVUW_Z'J:2_FI[KK
MKSK1HYOZD^$%<W7A"I3!1KFT'X?J 'G=A=<#R8JJ+UTSJ;K<ZG&GOER :P.U
MOF%,'@::H/T6FOP'4$L#!!0    ( /6MC%()^,M+1 ,  )H)   :    >&PO
M=V]R:W-H965T<R]S:&5E=#$X,"YX;6R-5MMNVS@0_96!T(<$:*.K9;FP#=27
M8@,TNX:3;;%8](&61A91B?225)S]^R4E1>O8M)T7B9<Y9^;,\#;><_%+%H@*
M7JJ2R8E3*+7[[+HR+; B\H[OD.F9G(N**-T56U?N!)*L 56E&WA>[%:$,F<Z
M;L968CKFM2HIPY4 65<5$?_.L.3[B>,[KP-KNBV4&7"GXQW9XB.J/W<KH7MN
MSY+1"IFDG(' ?.)\\3\O$F/?&'RGN)<';3!*-IS_,IW[;.)X)B L,56&@>C?
M,\ZQ+ V1#N.?CM/I71K@8?N5_6NC76O9$(ES7OZ@F2HF3N) ACFI2[7F^]^P
MTS,P?"DO9?.%?6?K.9#64O&J ^L(*LK:/WGI\G  \.,S@* #!,> Z P@[ #A
M>P%1!XB:S+12FCPLB"+3L>![$,9:LYE&D\P&K>539LK^J(2>I1JGIJ%W!\N'
MU;<__EHN8;;\??GU_ND1;A:H""TE1+?P"6;(,*=* L]AU55\51(FX>\*JPV*
MG\9H_0UNUA]N8?T!*(.G@M>2L$R.7:7#-,[<M MIUH84G G)#^"!,U5(6+(,
ML[<$KM;7BPQ>1<Z"BXP+3.\@]#]"X 6>):#YN^'^R )?O!^>7% 3]B4+&[[P
M'!^5:<EE+= 41*]Q/9_!IBT2[-K"&!!0A97\><%EU+N,&I?1&9=S+I5QEM9"
M(%,@43S3%&VU;8GB,T1Z<8SBQ%:"JSC?&X6VY%\'^O'H0@X&?0X&%W-PSQ0*
MU'E(=3)LREOXH(&;T_9Y&H3Q8."/W>=#H1:S)(R2X5NSQ:E9Z$5^&/1F;T3$
MO8CXHHCERTX?N'JY"%2U8*!WLEDP0*1$9=VK\4D<GX+!<!3%1[(L=J$?^5YP
MI,MF%PR3T+,+&_;"AN^KCE:D"FP%08I4&VX!\US+MLD;GE;#'X9'Q9C;K 8G
MTDZM_#B,S@A+>F')16%/7)&R67,27+BA+.45WGX$AE8]R=7=$/K6(_ J,+&?
MG8NKP-A/K/O//;BU*A3;YO:76FK-5'NV]Z/] ^-+<Z\>C<_TPZ-])_Q/T[Y:
M'HC84GT<EIAK2N]NJ(LCVI= VU%\U]R-&Z[T3=LT"_UX0F$,]'S.N7KM& ?]
M<VSZ'U!+ P04    " #UK8Q2=1+EWSD#   4"0  &@   'AL+W=O<FMS:&5E
M=',O<VAE970Q.#$N>&ULE59M;]LX#/XK@C%@*7"KW^VT2 (T388;L&Y!VMUA
M./2#8C.Q,%G*27+3_?M1MNNEK9-T7Q))YO.0#TF9'NVD^J$+ $,>2R[TV"F,
MV5ZZKLX***D^EUL0^&0M54D-;M7&U5L%-*]!)7<#STO<DC+A3$;UV4)-1K(R
MG E8***KLJ3JYQ2XW(T=WWDZ6+)-8>R!.QEMZ09NP7S;+A3NW(XE9R4(S:0@
M"M9CY\J_G*76OC;XA\%.[ZV)5;*2\H?=?,K'CF<# @Z9L0P4_Q[@&CBW1!C&
M_RVGT[FTP/WU$_O'6CMJ65$-UY+_RW)3C)VA0W)8TXJ;I=S]#:V>V/)EDNOZ
ME^Q:6\\A6:6-+%LP1E RT?S3QS8/>P _.0 (6D#P$A = (0M('PK(&H!49V9
M1DJ=AQDU=#)2<D>4M48VNZB36:-1/A.V[+=&X5.&.#,)O7,ROUE\_OI]/B?3
M^9?YQT]WMV0P T,9UR0^(Q_(% 2LF=%$KLFBK?B"4Z')?R64*U#WUFCYF0R6
M[\[(\AUA@MP5LM)4Y'KD&@S3.G.S-J1I$U)P("0_(#=2F$*3N<@A?T[@HKY.
M9/ D<AH<99Q!=DY"_R\2>('7$]#UF^'^10]\]G;X\(B:L"M96/.%A_B8SKC4
ME0);$.QQ?)Z355,DLFT*8T&$&2CU_1&74><RJEU&!UQ>9::BBE%.T+$&3;"R
M9+#!MXH^ZRMPPY8<8,,.\;UPZ,5]I3@)C=(T]).^,ISV&@=!="0=<9>.^&@Z
MEF J)0A> YMM0C$E>#L&'+3&WC>@0!M<9+*$WO0T[''-;M_+#Q/?NPA2[*V'
M_52\-OL015$8#9_;S7KL8C_PP\[LF<BD$YD<%7E=4+$!>Y=- 8W&]YIP5F*3
M#> QXU7.Q.9->I/7 ?IQE$;^"\&O[=+0"U^D9?;:*O:\>-BO-NW4ID?5WDF#
MW9U)%(*7BOYAOZ>G.B\>AE'8U^XGD;Z7>%[:U^ZGH4F87O2UN[LW+TI0FWKN
M:E1?"=.\5;O3;K1?U1/MQ?D41WXSH7_3--\+-U1M,%N$PQHIO?,4ZZ6:&=QL
MC-S64VDE#<ZX>EG@9PLH:X#/UU*:IXUUT'T(37X!4$L#!!0    ( /6MC%+M
MDH1VG ,  *@*   :    >&PO=V]R:W-H965T<R]S:&5E=#$X,BYX;6R=EMMN
MXS80AE]E("RP#M!$9\E:V ;BV(LND+2&LVU1%'M!2V.+78ET22I.W[ZDI&@=
M6SZ@-S9)S3^<C\/#C'9<?)<YHH+7LF!R;.5*;3_9MDQS+(F\XUMD^LN:BY(H
MW14;6VX%DJP6E87M.4YDEX0R:S*JQQ9B,N*5*BC#A0!9E241_TZQX+NQY5IO
M TNZR949L">C+=G@,ZK?M@NA>W;G):,E,DDY X'KL77O?IHEQKXV^)WB3NZU
MP9"L./]N.E^RL>68@+# 5!D/1/^]X ,6A7&DP_BG]6EU4QKA?OO-^^>:7;.L
MB,0'7OQ!,Y6/K:$%&:Y)5:@EW_V,+4]H_*6\D/4O[%I;QX*TDHJ7K5A'4%+6
M_)/7=AWV!&YT0N"U N]0$)P0^*W OU80M(*@7ID&I5Z'&5%D,A)\!\)8:V^F
M42]FK=;XE)FT/RNAOU*M4Q/?N8/YT^+QUS_G<YC.?YE__O+U&08S5(06$J(;
MN(4I,EQ3)8&O8=%F?%$0)N&O$LL5BF_&:/D(@^6'&UA^ ,K@:\XK25@F1[;2
M89K)[+0-:=J$Y)T(R?7@B3.52YBS#+/W#FS-UT%Z;Y!3[ZS'&:9WX+L_@>=X
M3D] #U?+W:1'/KM>/CQ#XW<I\VM__BE_5*8%EY5 DQ"]Q_7W#%9-DF#;),:(
M@"HLY;<S4P;=E$$]97!BRD<N)605@N*0YH1MT.0XPY)O!-GF- 4B]<6Q-4>Y
M-^.-^^B$>[UEHCCQ^U(SNZAT_63H^F<@PPXR_!^0>G4)2RDI+B$VSL/:N;EL
M7R:WOA.$P<A^V=]JX26>(/9B-^Q;BN,9@BAQXVZ"=]111QU=38VO6Q0468I
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MS'4IB<(8Z.]KSM5;QTS0%:>3_P!02P,$%     @ ]:V,4OXY_V<T!0  N10
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M;Q1^96AGSKI!&ZY'XX\__'Q]#1?7GZYO;A_N8?^*&L*XAL&[DXY!-[9S)UY
M7E20T1;(,(*1%";3<"T2FFP"=#"^.LAH&>1%Y$6\HG$;NN$!1$$4- 1T^6KS
M\,@33K?6K.OPNMOPF(ZYU*6B(*<V9_![ A,J\,E P8G0\ N9:*,P27_U..S5
M#GO.86^+P_/8E$0QP@%=$1$SD4).32:3IM'Q8XV5_ VG$ 9<"HPV5C1AIDG3
MOPVS0?6PIGKHQ;TIA9O?R#4NE:(BGC=Q](/<433?O_NF*7DOWV2ZP:5?<^GO
MP(IEBNK8Y0H3Q28&$*VIT4V4_%@WA"EX(KRD39S>9KM!:E"3&GC!/DE<A5"C
M!">!+(4!14Q33!=^F!'CG K!RAS&J,LQ] ^.#O? O4#W<,\V1#ULN"^+@E/<
M. QQ0MH/O=Y>DPI_W>/PF<?!X4N/MGT8[GFD&];2#;T1W(HIKTALT\QOWVUW
MHT;BN\SZWO"/ZO"/7C7RFG#<\($)G/2X@6XEXT?KM5'S)C*[S/K/S3;(A,%J
MXPM>16>Y;N_DLP-OZ^CLM/,/3[BVE8?^]08#MPN-HJ94N.0(Y/1$M;&IW+CD
M[,#[-^;H&US^,Y,TC%8R1MX8OL>$4)@8N52&<&;F8,B$-Z>$'^D%F_.']UB#
M1*!IJFA*[/8YF4-*L4Y2ZR1=OR" $>$42)HJ\K3L'#:R7QH\ZQOL-;IJ')BW
M4$&/.I?29(B>R)GP.?W?^&VFP:K("[M>QECED0G;,?Y^".1:D?YH#Q,PPAJI
MS-L 4*FY$G.LR@3)V@IO_SVR>O=2 2$-$&QC\99@+E\;#!')2_C-")_'MQ'@
M#56J#7?4,.40?*52N"IQ0W]!N2;W:R:>'^QY_)@^@Q"@EN 81K<VH?I@U8;1
MMR0OOKMYJ<IG)AXY?9):NXZ-JOLC64< _P*U*I%#?XWZ@*N[?,(9M5T>/\!*
M'E>3HBH%HA$AROP _J!*PE2JQ4'&:M:0,8U2_,=>-^5;5>7AKK)\F;FXG#3+
MYP<( \P9W.9PV<,#F=(&$KOS9M1>-6 ]$<N<:J"<I0S'IV*E)"Y<>8ZKE%JY
M7Y8>I5L?+9QEWRCM5Q31INRK<T/HK[\_R%+33/+$EBC5[0T41!D6LX)L*U#\
MD+8:F6%68=B0$Z48DB'&A6U8OJR%%MP.L*O)W,<9FUI5[#&Z!W-*E(8YGF52
M1YE4,F:EGF &-@[&5Q95-2"=M4N@G*K4W8UI<(>TZJJE;JWOW\[=K=.S]@M[
M+^<NEU8PU:7>B*B4X>SD=(J007N $UY5]V35BY&%NVJ:2&-D[AXS2C"5; ?\
M/L5:8?EB'=2WE6=_ E!+ P04    " #UK8Q278 ;]-\#  #4%   &@   'AL
M+W=O<FMS:&5E=',O<VAE970Q.#0N>&ULQ5C1CN(V%/T5*U*EK50EL1,",P*D
M@6'4E<HN6K:MJE4?3'*!:)TXM<TR(_7C:P=(R"HD,)V%%[ =GWOO24Y\8O>W
M7'R5:P"%GA.6RH&U5BJ[=QP9KB&ATN89I/K*DHN$*MT5*T=F FB4@Q+F$-<-
MG(3&J37LYV,S,>SSC6)Q"C.!Y"9)J'@9 >/;@86MP\"G>+569L 9]C.Z@CFH
MW[.9T#VGB!+%":0RYBD2L!Q8#_A^3 (#R&?\$<-6'K61H;+@_*OIO(\&EFLJ
M @:A,B&H_OL&8V#,1-)U_+,/:A4Y#?"X?8C^E)/79!94PIBS/^-(K0=6ST(1
M+.F&J4]\^ROL"75,O) SF?^B[6YNH">'&ZEXL@?K"I(XW?W3Y_V-. +@X 2
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M' ' $2<"IS&-9AL=] .H$6;4C)'8,X;<HG:?F1@MBX .849'MRR:;73((J!
M=%W4&J@*RK\VZ!; %]'U<O_Y1= [+H+MHVX74..:43--#3QKU.T"=%PREGQ<
MH(EKILD)HVZ+I0Z+W"X P>VZX#6,BBKWQF&W, V[7<",V_4^@/-O6W6.921<
MM^UF$Q>0XYJ1\SGXHD^QFGRTF&ZJ$VZB)6X7<...AANW=@]R#[BQV+"M\+@
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M07^^2I+\]4WA8/]<K.O_ U!+ P04    " #UK8Q2.&QG79D"  #@!@  &@
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M()1V@9G/A= ?'5L6VX_:^!]02P,$%     @ ]:V,4N#6,,BM @  LP<  !H
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M]"*52MX\$<U$LLHTS91)U8+-,%>O*G!MH/:7C,GM1/?A[IU._@)02P,$%
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MO>M8G[QH^J5FHGAE6XXU5[J!L<-"]Y@@C('>WW"N]A,3H.M:9W\#4$L#!!0
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M)W!]0.TGC,GM1!MH^MCQ'U!+ P04    " #UK8Q23PX>79@#  "-#   &@
M 'AL+W=O<FMS:&5E=',O<VAE970Q.3(N>&ULQ5=M;^)&$/XK(TM(5RG!;X%
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M&V$>Y?8C[AWJ6;Y("EW^PK:2[0T=B#;:R&P/)@LRGE=?]GT?B"/ P#L#"/:
MX*V < \(2T<KRTJW[IAADY&26U!6FMCLH(Q-B29O>&Z/\<DHVN6$,Y/0Z\)\
ML?SEU]_G<YC-/\WO'YZ?X,,=&L:%!K__T\@UI,=*N]&><U9Q!F<X_0 6,C>I
MAGD>8WQ*X)*!M97!P<I9T,IXAU$70O\" B_P&@RZ?3/<'[:8$]9!"TN^\!P?
MUY&0>J,0Y-HF#>W'L,*<1@8*P7(-?U@0<(.9_K-%Y56M\JI4>75&Y<]$KIB
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M@E;7I"6KDEIUM"A=&9L);8JB:V;F+X32+C#S"R'T5\=6QOJ_-OP'4$L#!!0
M   ( /6MC%+C7BT<9P4  $L2   :    >&PO=V]R:W-H965T<R]S:&5E=#$Y
M-2YX;6R]6%MOVS84_BL'7K<E@&N)DF]I'0.UDVX%FM1(L@U#L0=:IFVBE*B2
ME)T,^_$[I&S+3A4Z>4D>8DKBN7\\WY$&:ZF^Z25C!NY3D>GSQM*8_%T0Z&3)
M4JI;,F<9/IE+E5*#EVH1Z%PQ.G-"J0BB,.P&*>598SAP]R9J.)"%$3QC$P6Z
M2%.J'D9,R/5Y@S2V-V[X8FGLC6 XR.F"W3+S1SY1>!7LM,QXRC+-90:*S<\;
M'\B[<11; ;?C3\[6>F\--I2IE-_LQ:?9>2.T'C'!$F-54/Q9L3$3PFI"/[YO
ME#9V-JW@_GJK_:,+'H.94LW&4OS%9V9YWN@W8,;FM!#F1JY_9YN .E9?(H5V
M_V%=[NV>-2 IM)'I1A@]2'E6_M+[32+V!/KA$P+11B!Z)("&ZP7BC8#+7%!Z
MYL*ZH(8.!TJN0=G=J,TN7&Z<-$;#,UO&6Z/P*4<Y,XS#%EQ>33Y_^?OR$D:7
MUY<?/]W=PLD%,Y0+#==4*6H3?0IO873S&4YNWIS"S1O@&=PM9:%I-M.#P* G
M5E^0;*R.2JO1$U9)!%<R,TL-E]F,S0X5!!C"+HYH&\<H\FJ\8$D+8M*$*(S"
M&H?&SQ8G9QYWXEU:8Z<O?DH?UXF0NE ,Y-S""I_/8,HR7!G(!<TT?+5"P U+
M]3\>D^V=R;8SV7["Y'613IFRYA*9IGA"])(JIF')Q*RN0J6VCM-F#_MJV&YW
MPFXG&@2K_<3]N(_T>P?[#MSM[-SM>-V]DX8*6!14T<PPABU!RT(EK!9-I:KN
M$ZH0CIU>:/_J"G]<ME,C>Q!3=Q=3UQO3A&$ F<'V9\M 5TS9I:8"&V1=6'YM
M[5;<^;DNHF-BW<=B!\'T=L'TC@13]FH+5F#WR!N:U071.Y;?-@D[M94Y+AEV
MVVU/*/U=*'UO*!=,)XKGCC>P,#Q;,6V0B_ D2L&3VMKX-=XMV8$:FR.N$<0K
MY!D\Z33+"BK$ R[P(L^57-GS_P &!2^8X'A475^%L2RRA(LFGEK,]XPIGBV
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M8=-3Y9>+\L+(W+W\3Z4Q,G7+):,X9MH-^'PNI=E>6 .[[T?#_P%02P,$%
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M>\#>7^5Y^7+B=BX>MJI>_ ]02P,$%     @ ]:V,4HU:"HL5!   4@L  !H
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M*A7T#NJR@2LG5F5%T[12EEJP8KBAIA>U4R#Y6BF[GS@'51L]_!=02P,$%
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M4:LB_8"ZOV1,/IWH#WB[K]3C_P!02P,$%     @ ]:V,4H H-W N P  E1(
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M5(*PLQ+ JM#=RQHP+D'8>0EX7:@N3U!+[,0$#*K+$S03.S,!@^KR!,W$3DW
MH*H\P=P$80<GX$7!:A^%R0G"CD[ H&H?A=D)P@Y/P.N7]8A",[$C%#"H'E%H
M)G:@ @95LQZF*@@[5@&#ZED/S<0.5L"@ZJ $)BL(/5IA[RK[W;5D K,5A!ZN
M@$#U.1-,5Q!ZO ($5>4)YBO(X0(6&E!5GF#"@M C%B"H*D\P8T'H(0LH"T+O
MHS!E0>@Q"Q!4[Z/03/2@!1!;H9=A"TQ:$'K4 @+=V?3XRQ389MJ3L/%Z*;;
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MU[L!]&[Q80E [^9Z-X#>S?5N +V;Z]T >C?7NP'T;JYW ^C=7.\&T'MPO0>
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MM[__^_#UQ7@PT6L0NGT_X_3I7U!+ P04    " #UK8Q2B?B!%XT#  "K;@
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M+GAM;%!+ 0(4 Q0    ( /6MC%)$Q00[[@   "L"   1              "
M :\   !D;V-0<F]P<R]C;W)E+GAM;%!+ 0(4 Q0    ( /6MC%*97)PC$ 8
M )PG   3              "  <P!  !X;"]T:&5M92]T:&5M93$N>&UL4$L!
M A0#%     @ ]:V,4E$36MML!   31$  !@              ("!#0@  'AL
M+W=O<FMS:&5E=',O<VAE970Q+GAM;%!+ 0(4 Q0    ( /6MC%( [@ 14 @
M 'LC   8              " @:\,  !X;"]W;W)K<VAE971S+W-H965T,BYX
M;6Q02P$"% ,4    " #UK8Q2&K426\D%  "D%@  &               @($U
M%0  >&PO=V]R:W-H965T<R]S:&5E=#,N>&UL4$L! A0#%     @ ]:V,4OI,
M*^,3!@  Y!@  !@              ("!-!L  'AL+W=O<FMS:&5E=',O<VAE
M970T+GAM;%!+ 0(4 Q0    ( /6MC%+J7E!<.@T  .X[   8
M  " @7TA  !X;"]W;W)K<VAE971S+W-H965T-2YX;6Q02P$"% ,4    " #U
MK8Q2$M,AWDH*   J.0  &               @('M+@  >&PO=V]R:W-H965T
M<R]S:&5E=#8N>&UL4$L! A0#%     @ ]:V,4J']S\.:$   TR8  !@
M         ("!;3D  'AL+W=O<FMS:&5E=',O<VAE970W+GAM;%!+ 0(4 Q0
M   ( /6MC%*L[*4$; H   8:   8              " @3U*  !X;"]W;W)K
M<VAE971S+W-H965T."YX;6Q02P$"% ,4    " #UK8Q2%>/R] 8*  #F%P
M&               @('?5   >&PO=V]R:W-H965T<R]S:&5E=#DN>&UL4$L!
M A0#%     @ ]:V,4BLUA%0"!   ( @  !D              ("!&U\  'AL
M+W=O<FMS:&5E=',O<VAE970Q,"YX;6Q02P$"% ,4    " #UK8Q2;SHBW7H#
M   O!P  &0              @(%48P  >&PO=V]R:W-H965T<R]S:&5E=#$Q
M+GAM;%!+ 0(4 Q0    ( /6MC%(3M^6F<P4  % +   9              "
M@05G  !X;"]W;W)K<VAE971S+W-H965T,3(N>&UL4$L! A0#%     @ ]:V,
M4LW/<K7[!   4@H  !D              ("!KVP  'AL+W=O<FMS:&5E=',O
M<VAE970Q,RYX;6Q02P$"% ,4    " #UK8Q2"<\ AU0$  "_"   &0
M        @('A<0  >&PO=V]R:W-H965T<R]S:&5E=#$T+GAM;%!+ 0(4 Q0
M   ( /6MC%+WW>HRI@8  / -   9              " @6QV  !X;"]W;W)K
M<VAE971S+W-H965T,34N>&UL4$L! A0#%     @ ]:V,4K,E/0#,,@  3(D
M !D              ("!27T  'AL+W=O<FMS:&5E=',O<VAE970Q-BYX;6Q0
M2P$"% ,4    " #UK8Q2J#@'/,X-  "2)   &0              @(%,L
M>&PO=V]R:W-H965T<R]S:&5E=#$W+GAM;%!+ 0(4 Q0    ( /6MC%+%'9 '
MUP\   DK   9              " @5&^  !X;"]W;W)K<VAE971S+W-H965T
M,3@N>&UL4$L! A0#%     @ ]:V,4FVP\6\4"@  -18  !D
M ("!7\X  'AL+W=O<FMS:&5E=',O<VAE970Q.2YX;6Q02P$"% ,4    " #U
MK8Q28VS;P= E   >=@  &0              @(&JV   >&PO=V]R:W-H965T
M<R]S:&5E=#(P+GAM;%!+ 0(4 Q0    ( /6MC%(_W07(= 4  %4+   9
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M970R-2YX;6Q02P$"% ,4    " #UK8Q21@2*88 @  #I5   &0
M    @(&0,0$ >&PO=V]R:W-H965T<R]S:&5E=#(V+GAM;%!+ 0(4 Q0    (
M /6MC%)WNOKWCP<  $01   9              " @4=2 0!X;"]W;W)K<VAE
M971S+W-H965T,C<N>&UL4$L! A0#%     @ ]:V,4NR$5"T4#P  )"0  !D
M             ("!#5H! 'AL+W=O<FMS:&5E=',O<VAE970R."YX;6Q02P$"
M% ,4    " #UK8Q2\YKK8-L*  #>&0  &0              @(%8:0$ >&PO
M=V]R:W-H965T<R]S:&5E=#(Y+GAM;%!+ 0(4 Q0    ( /6MC%)*DY%.! 4
M %\+   9              " @6IT 0!X;"]W;W)K<VAE971S+W-H965T,S N
M>&UL4$L! A0#%     @ ]:V,4DO5A.I%"@  %QP  !D              ("!
MI7D! 'AL+W=O<FMS:&5E=',O<VAE970S,2YX;6Q02P$"% ,4    " #UK8Q2
M^^T#@-H%   ]#   &0              @($AA $ >&PO=V]R:W-H965T<R]S
M:&5E=#,R+GAM;%!+ 0(4 Q0    ( /6MC%(7I@#J/@@  %T0   9
M      " @3** 0!X;"]W;W)K<VAE971S+W-H965T,S,N>&UL4$L! A0#%
M  @ ]:V,4A$L[5D(!@  B P  !D              ("!IY(! 'AL+W=O<FMS
M:&5E=',O<VAE970S-"YX;6Q02P$"% ,4    " #UK8Q2=SOW-L@4  #%,0
M&0              @('FF $ >&PO=V]R:W-H965T<R]S:&5E=#,U+GAM;%!+
M 0(4 Q0    ( /6MC%(=-(;U_QP  "=4   9              " @>6M 0!X
M;"]W;W)K<VAE971S+W-H965T,S8N>&UL4$L! A0#%     @ ]:V,4NT&1_.H
M#P  IR8  !D              ("!&\L! 'AL+W=O<FMS:&5E=',O<VAE970S
M-RYX;6Q02P$"% ,4    " #UK8Q2VM*2$K$$  "R"0  &0
M@('ZV@$ >&PO=V]R:W-H965T<R]S:&5E=#,X+GAM;%!+ 0(4 Q0    ( /6M
MC%)ZCC3O=0,  "8'   9              " @>+? 0!X;"]W;W)K<VAE971S
M+W-H965T,SDN>&UL4$L! A0#%     @ ]:V,4HL4,1J,!@  +PX  !D
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M=#0T+GAM;%!+ 0(4 Q0    ( /6MC%+8=&1&)P0  *D(   9
M  " @;'_ 0!X;"]W;W)K<VAE971S+W-H965T-#4N>&UL4$L! A0#%     @
M]:V,4NV[(X+F P  R@<  !D              ("!#P0" 'AL+W=O<FMS:&5E
M=',O<VAE970T-BYX;6Q02P$"% ,4    " #UK8Q2$$(? K(&  "^#0  &0
M            @($L" ( >&PO=V]R:W-H965T<R]S:&5E=#0W+GAM;%!+ 0(4
M Q0    ( /6MC%*DC+;'418  .P]   9              " @14/ @!X;"]W
M;W)K<VAE971S+W-H965T-#@N>&UL4$L! A0#%     @ ]:V,4OU\C@IC"@
M&AP  !D              ("!G24" 'AL+W=O<FMS:&5E=',O<VAE970T.2YX
M;6Q02P$"% ,4    " #UK8Q2FUWNE3D+  "@'@  &0              @($W
M, ( >&PO=V]R:W-H965T<R]S:&5E=#4P+GAM;%!+ 0(4 Q0    ( /6MC%*"
MJ<_7\P@  $,5   9              " @:<[ @!X;"]W;W)K<VAE971S+W-H
M965T-3$N>&UL4$L! A0#%     @ ]:V,4D"4 CXX&   [4\  !D
M     ("!T40" 'AL+W=O<FMS:&5E=',O<VAE970U,BYX;6Q02P$"% ,4
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M+GAM;%!+ 0(4 Q0    ( /6MC%*)M&PG"P0   0)   9              "
M@:=X @!X;"]W;W)K<VAE971S+W-H965T-3<N>&UL4$L! A0#%     @ ]:V,
M4H08^2J;#@  _R   !D              ("!Z7P" 'AL+W=O<FMS:&5E=',O
M<VAE970U."YX;6Q02P$"% ,4    " #UK8Q2 G=OKKH"  #H!0  &0
M        @(&[BP( >&PO=V]R:W-H965T<R]S:&5E=#4Y+GAM;%!+ 0(4 Q0
M   ( /6MC%*R%$\ND@D  '47   9              " @:R. @!X;"]W;W)K
M<VAE971S+W-H965T-C N>&UL4$L! A0#%     @ ]:V,4J0 T8-@!0  ^ P
M !D              ("!=9@" 'AL+W=O<FMS:&5E=',O<VAE970V,2YX;6Q0
M2P$"% ,4    " #UK8Q2^*_.>$4#  #I!@  &0              @($,G@(
M>&PO=V]R:W-H965T<R]S:&5E=#8R+GAM;%!+ 0(4 Q0    ( /6MC%(PH:("
M!0,   @&   9              " @8BA @!X;"]W;W)K<VAE971S+W-H965T
M-C,N>&UL4$L! A0#%     @ ]:V,4I.Q//0-!@  ^0P  !D
M ("!Q*0" 'AL+W=O<FMS:&5E=',O<VAE970V-"YX;6Q02P$"% ,4    " #U
MK8Q2,(4M_E<(  !>$   &0              @($(JP( >&PO=V]R:W-H965T
M<R]S:&5E=#8U+GAM;%!+ 0(4 Q0    ( /6MC%*LU#G1' 8  ),,   9
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M970W,"YX;6Q02P$"% ,4    " #UK8Q2_S[J5($%  ".$0  &0
M    @(%)V@( >&PO=V]R:W-H965T<R]S:&5E=#<Q+GAM;%!+ 0(4 Q0    (
M /6MC%(+%B!IT0(  !()   9              " @0'@ @!X;"]W;W)K<VAE
M971S+W-H965T-S(N>&UL4$L! A0#%     @ ]:V,4HPQ>/%L @    8  !D
M             ("!">," 'AL+W=O<FMS:&5E=',O<VAE970W,RYX;6Q02P$"
M% ,4    " #UK8Q29>F0;R4#  !4"P  &0              @(&LY0( >&PO
M=V]R:W-H965T<R]S:&5E=#<T+GAM;%!+ 0(4 Q0    ( /6MC%(^+D\^>00
M *P/   9              " @0CI @!X;"]W;W)K<VAE971S+W-H965T-S4N
M>&UL4$L! A0#%     @ ]:V,4AKJ!4MK P  60T  !D              ("!
MN.T" 'AL+W=O<FMS:&5E=',O<VAE970W-BYX;6Q02P$"% ,4    " #UK8Q2
M_X6'QPX#  !Q"P  &0              @(%:\0( >&PO=V]R:W-H965T<R]S
M:&5E=#<W+GAM;%!+ 0(4 Q0    ( /6MC%)>=_L9R (  &('   9
M      " @9_T @!X;"]W;W)K<VAE971S+W-H965T-S@N>&UL4$L! A0#%
M  @ ]:V,4M>SU;F-!   0A   !D              ("!GO<" 'AL+W=O<FMS
M:&5E=',O<VAE970W.2YX;6Q02P$"% ,4    " #UK8Q2?_)>O:<"  #.!@
M&0              @(%B_ ( >&PO=V]R:W-H965T<R]S:&5E=#@P+GAM;%!+
M 0(4 Q0    ( /6MC%)0(N?7EP0  "$.   9              " @4#_ @!X
M;"]W;W)K<VAE971S+W-H965T.#$N>&UL4$L! A0#%     @ ]:V,4NGQC.SM
M"    2@  !D              ("!#@0# 'AL+W=O<FMS:&5E=',O<VAE970X
M,BYX;6Q02P$"% ,4    " #UK8Q26ZPM#[,"  "G!@  &0
M@($R#0, >&PO=V]R:W-H965T<R]S:&5E=#@S+GAM;%!+ 0(4 Q0    ( /6M
MC%+WYU#68!,  #&7   9              " @1P0 P!X;"]W;W)K<VAE971S
M+W-H965T.#0N>&UL4$L! A0#%     @ ]:V,4O529HUI"0  HCL  !D
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M=#@Y+GAM;%!+ 0(4 Q0    ( /6MC%*@%&E!5 0  $\1   9
M  " @=I- P!X;"]W;W)K<VAE971S+W-H965T.3 N>&UL4$L! A0#%     @
M]:V,4J%4SK"+ @  Z 4  !D              ("!95(# 'AL+W=O<FMS:&5E
M=',O<VAE970Y,2YX;6Q02P$"% ,4    " #UK8Q2';0%2N@'  #\*0  &0
M            @($G50, >&PO=V]R:W-H965T<R]S:&5E=#DR+GAM;%!+ 0(4
M Q0    ( /6MC%*AV/0D_A(   ^,   9              " @49= P!X;"]W
M;W)K<VAE971S+W-H965T.3,N>&UL4$L! A0#%     @ ]:V,4LA @@FE"0
M&D(  !D              ("!>W # 'AL+W=O<FMS:&5E=',O<VAE970Y-"YX
M;6Q02P$"% ,4    " #UK8Q2]2;PE+ #  !4#0  &0              @(%7
M>@, >&PO=V]R:W-H965T<R]S:&5E=#DU+GAM;%!+ 0(4 Q0    ( /6MC%*.
MSVUC9@(  &P%   9              " @3Y^ P!X;"]W;W)K<VAE971S+W-H
M965T.38N>&UL4$L! A0#%     @ ]:V,4LKR"2C6#   [68  !D
M     ("!VX # 'AL+W=O<FMS:&5E=',O<VAE970Y-RYX;6Q02P$"% ,4
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M,#$N>&UL4$L! A0#%     @ ]:V,4LRZ2X1+!P  _A\  !H
M ("!6Z$# 'AL+W=O<FMS:&5E=',O<VAE970Q,#(N>&UL4$L! A0#%     @
M]:V,4G(&GHL$!   4!   !H              ("!WJ@# 'AL+W=O<FMS:&5E
M=',O<VAE970Q,#,N>&UL4$L! A0#%     @ ]:V,4OQ!.9MA!0  N28  !H
M             ("!&JT# 'AL+W=O<FMS:&5E=',O<VAE970Q,#0N>&UL4$L!
M A0#%     @ ]:V,4B.[<=S& P  $ P  !H              ("!L[(# 'AL
M+W=O<FMS:&5E=',O<VAE970Q,#4N>&UL4$L! A0#%     @ ]:V,4AA ,NO$
M P  ,0X  !H              ("!L;8# 'AL+W=O<FMS:&5E=',O<VAE970Q
M,#8N>&UL4$L! A0#%     @ ]:V,4L$#>.@! @   00  !H
M ("!K;H# 'AL+W=O<FMS:&5E=',O<VAE970Q,#<N>&UL4$L! A0#%     @
M]:V,4J^[7J1V"P  GE\  !H              ("!YKP# 'AL+W=O<FMS:&5E
M=',O<VAE970Q,#@N>&UL4$L! A0#%     @ ]:V,4AC<1\BE!0  :2<  !H
M             ("!E,@# 'AL+W=O<FMS:&5E=',O<VAE970Q,#DN>&UL4$L!
M A0#%     @ ]:V,4K,R6@;N!   OQ8  !H              ("!<<X# 'AL
M+W=O<FMS:&5E=',O<VAE970Q,3 N>&UL4$L! A0#%     @ ]:V,4C\K.V2A
M!@  73,  !H              ("!E],# 'AL+W=O<FMS:&5E=',O<VAE970Q
M,3$N>&UL4$L! A0#%     @ ]:V,4E-!9'S+ P  7!0  !H
M ("!<-H# 'AL+W=O<FMS:&5E=',O<VAE970Q,3(N>&UL4$L! A0#%     @
M]:V,4FX5<)Q.!P  "3(  !H              ("!<]X# 'AL+W=O<FMS:&5E
M=',O<VAE970Q,3,N>&UL4$L! A0#%     @ ]:V,4B&X0E&D P  QA$  !H
M             ("!^>4# 'AL+W=O<FMS:&5E=',O<VAE970Q,30N>&UL4$L!
M A0#%     @ ]:V,4HPG8'$V P  M!   !H              ("!U>D# 'AL
M+W=O<FMS:&5E=',O<VAE970Q,34N>&UL4$L! A0#%     @ ]:V,4K&80#4P
M!0  [1P  !H              ("!0^T# 'AL+W=O<FMS:&5E=',O<VAE970Q
M,38N>&UL4$L! A0#%     @ ]:V,4C=Z$9(T!   RA,  !H
M ("!J_(# 'AL+W=O<FMS:&5E=',O<VAE970Q,3<N>&UL4$L! A0#%     @
M]:V,4@N$&L C!@  0B(  !H              ("!%_<# 'AL+W=O<FMS:&5E
M=',O<VAE970Q,3@N>&UL4$L! A0#%     @ ]:V,4@<=?E93#P  <H,  !H
M             ("!<OT# 'AL+W=O<FMS:&5E=',O<VAE970Q,3DN>&UL4$L!
M A0#%     @ ]:V,4EN'FIE1 P  4 H  !H              ("!_0P$ 'AL
M+W=O<FMS:&5E=',O<VAE970Q,C N>&UL4$L! A0#%     @ ]:V,4BHDL+C6
M!0  LB   !H              ("!AA $ 'AL+W=O<FMS:&5E=',O<VAE970Q
M,C$N>&UL4$L! A0#%     @ ]:V,4HER /1!!   +!(  !H
M ("!E!8$ 'AL+W=O<FMS:&5E=',O<VAE970Q,C(N>&UL4$L! A0#%     @
M]:V,4G=.?\6W P  1PL  !H              ("!#1L$ 'AL+W=O<FMS:&5E
M=',O<VAE970Q,C,N>&UL4$L! A0#%     @ ]:V,4DRJ1R/1!   LQ8  !H
M             ("!_!X$ 'AL+W=O<FMS:&5E=',O<VAE970Q,C0N>&UL4$L!
M A0#%     @ ]:V,4E]B9N>6!@  "S0  !H              ("!!20$ 'AL
M+W=O<FMS:&5E=',O<VAE970Q,C4N>&UL4$L! A0#%     @ ]:V,4A4!TIT#
M P  @ D  !H              ("!TRH$ 'AL+W=O<FMS:&5E=',O<VAE970Q
M,C8N>&UL4$L! A0#%     @ ]:V,4F*\F;(5 P  HPD  !H
M ("!#BX$ 'AL+W=O<FMS:&5E=',O<VAE970Q,C<N>&UL4$L! A0#%     @
M]:V,4E "$TW=!   KQ0  !H              ("!6S$$ 'AL+W=O<FMS:&5E
M=',O<VAE970Q,C@N>&UL4$L! A0#%     @ ]:V,4I#H0&5Q!P  R2   !H
M             ("!<#8$ 'AL+W=O<FMS:&5E=',O<VAE970Q,CDN>&UL4$L!
M A0#%     @ ]:V,4JOOI?50 P  M0L  !H              ("!&3X$ 'AL
M+W=O<FMS:&5E=',O<VAE970Q,S N>&UL4$L! A0#%     @ ]:V,4I:1%$#G
M @  ( D  !H              ("!H4$$ 'AL+W=O<FMS:&5E=',O<VAE970Q
M,S$N>&UL4$L! A0#%     @ ]:V,4J:;+U-Q P  DPH  !H
M ("!P$0$ 'AL+W=O<FMS:&5E=',O<VAE970Q,S(N>&UL4$L! A0#%     @
M]:V,4@KMI81X P  V0T  !H              ("!:4@$ 'AL+W=O<FMS:&5E
M=',O<VAE970Q,S,N>&UL4$L! A0#%     @ ]:V,4L=M3DV- @  Y@8  !H
M             ("!&4P$ 'AL+W=O<FMS:&5E=',O<VAE970Q,S0N>&UL4$L!
M A0#%     @ ]:V,4E92  W# @  9@<  !H              ("!WDX$ 'AL
M+W=O<FMS:&5E=',O<VAE970Q,S4N>&UL4$L! A0#%     @ ]:V,4E[-LW%L
M P  ; L  !H              ("!V5$$ 'AL+W=O<FMS:&5E=',O<VAE970Q
M,S8N>&UL4$L! A0#%     @ ]:V,4FQK\XA) P  <0\  !H
M ("!?54$ 'AL+W=O<FMS:&5E=',O<VAE970Q,S<N>&UL4$L! A0#%     @
M]:V,4J##%#NW @  E0@  !H              ("!_E@$ 'AL+W=O<FMS:&5E
M=',O<VAE970Q,S@N>&UL4$L! A0#%     @ ]:V,4E5?D8[= @  0P@  !H
M             ("![5L$ 'AL+W=O<FMS:&5E=',O<VAE970Q,SDN>&UL4$L!
M A0#%     @ ]:V,4DNO01JK!@  M"   !H              ("! E\$ 'AL
M+W=O<FMS:&5E=',O<VAE970Q-# N>&UL4$L! A0#%     @ ]:V,4DFP&@6T
M#0  !5D  !H              ("!Y64$ 'AL+W=O<FMS:&5E=',O<VAE970Q
M-#$N>&UL4$L! A0#%     @ ]:V,4N7#E4DT P  =@P  !H
M ("!T7,$ 'AL+W=O<FMS:&5E=',O<VAE970Q-#(N>&UL4$L! A0#%     @
M]:V,4BD]1+=4 P  >PD  !H              ("!/7<$ 'AL+W=O<FMS:&5E
M=',O<VAE970Q-#,N>&UL4$L! A0#%     @ ]:V,4B%DK-I)!   . P  !H
M             ("!R7H$ 'AL+W=O<FMS:&5E=',O<VAE970Q-#0N>&UL4$L!
M A0#%     @ ]:V,4F75W3YC P  Q@D  !H              ("!2G\$ 'AL
M+W=O<FMS:&5E=',O<VAE970Q-#4N>&UL4$L! A0#%     @ ]:V,4C]2GBC+
M!   T!(  !H              ("!Y8($ 'AL+W=O<FMS:&5E=',O<VAE970Q
M-#8N>&UL4$L! A0#%     @ ]:V,4J?&U$J]!   )!<  !H
M ("!Z(<$ 'AL+W=O<FMS:&5E=',O<VAE970Q-#<N>&UL4$L! A0#%     @
M]:V,4GZ7ZK0I!0  L!@  !H              ("!W8P$ 'AL+W=O<FMS:&5E
M=',O<VAE970Q-#@N>&UL4$L! A0#%     @ ]:V,4B7U))H"$   74H  !H
M             ("!/I($ 'AL+W=O<FMS:&5E=',O<VAE970Q-#DN>&UL4$L!
M A0#%     @ ]:V,4C$P&;7- P  >@T  !H              ("!>*($ 'AL
M+W=O<FMS:&5E=',O<VAE970Q-3 N>&UL4$L! A0#%     @ ]:V,4LVIX%3B
M @  "0D  !H              ("!?:8$ 'AL+W=O<FMS:&5E=',O<VAE970Q
M-3$N>&UL4$L! A0#%     @ ]:V,4J^%=;9= @  P 0  !H
M ("!EZD$ 'AL+W=O<FMS:&5E=',O<VAE970Q-3(N>&UL4$L! A0#%     @
M]:V,4F7]6*/7#   'DL  !H              ("!+*P$ 'AL+W=O<FMS:&5E
M=',O<VAE970Q-3,N>&UL4$L! A0#%     @ ]:V,4CJ)__"S!0  $!D  !H
M             ("!.[D$ 'AL+W=O<FMS:&5E=',O<VAE970Q-30N>&UL4$L!
M A0#%     @ ]:V,4MN[1;'[ @  $ @  !H              ("!)K\$ 'AL
M+W=O<FMS:&5E=',O<VAE970Q-34N>&UL4$L! A0#%     @ ]:V,4I6&K=UK
M"0  L$$  !H              ("!6<($ 'AL+W=O<FMS:&5E=',O<VAE970Q
M-38N>&UL4$L! A0#%     @ ]:V,4LQ%L^88!@  S!P  !H
M ("!_,L$ 'AL+W=O<FMS:&5E=',O<VAE970Q-3<N>&UL4$L! A0#%     @
M]:V,4@0",VGB!   ,1H  !H              ("!3-($ 'AL+W=O<FMS:&5E
M=',O<VAE970Q-3@N>&UL4$L! A0#%     @ ]:V,4HRZ>V Y P  C0D  !H
M             ("!9M<$ 'AL+W=O<FMS:&5E=',O<VAE970Q-3DN>&UL4$L!
M A0#%     @ ]:V,4LVYBG^/ P  \0L  !H              ("!U]H$ 'AL
M+W=O<FMS:&5E=',O<VAE970Q-C N>&UL4$L! A0#%     @ ]:V,4G\%7I#^
M @  ' @  !H              ("!GMX$ 'AL+W=O<FMS:&5E=',O<VAE970Q
M-C$N>&UL4$L! A0#%     @ ]:V,4O@>C]SM @  =P@  !H
M ("!U.$$ 'AL+W=O<FMS:&5E=',O<VAE970Q-C(N>&UL4$L! A0#%     @
M]:V,4I*-W23B P  30T  !H              ("!^>0$ 'AL+W=O<FMS:&5E
M=',O<VAE970Q-C,N>&UL4$L! A0#%     @ ]:V,4GTP9 @, @  @@0  !H
M             ("!$^D$ 'AL+W=O<FMS:&5E=',O<VAE970Q-C0N>&UL4$L!
M A0#%     @ ]:V,4BJ/."J^ P  \0P  !H              ("!5^L$ 'AL
M+W=O<FMS:&5E=',O<VAE970Q-C4N>&UL4$L! A0#%     @ ]:V,4@EO8:53
M P  8@@  !H              ("!3>\$ 'AL+W=O<FMS:&5E=',O<VAE970Q
M-C8N>&UL4$L! A0#%     @ ]:V,4L[RX6-A!0  '!@  !H
M ("!V/($ 'AL+W=O<FMS:&5E=',O<VAE970Q-C<N>&UL4$L! A0#%     @
M]:V,4I*;!7O_!0  $10  !H              ("!<?@$ 'AL+W=O<FMS:&5E
M=',O<VAE970Q-C@N>&UL4$L! A0#%     @ ]:V,4GQ  "V3 @  B@8  !H
M             ("!J/X$ 'AL+W=O<FMS:&5E=',O<VAE970Q-CDN>&UL4$L!
M A0#%     @ ]:V,4H;*;M.("@  R20  !H              ("!<P$% 'AL
M+W=O<FMS:&5E=',O<VAE970Q-S N>&UL4$L! A0#%     @ ]:V,4FOBL<Y$
M P  N D  !H              ("!,PP% 'AL+W=O<FMS:&5E=',O<VAE970Q
M-S$N>&UL4$L! A0#%     @ ]:V,4A5GI 5#"   &B   !H
M ("!KP\% 'AL+W=O<FMS:&5E=',O<VAE970Q-S(N>&UL4$L! A0#%     @
M]:V,4MVMD:.J P  T D  !H              ("!*A@% 'AL+W=O<FMS:&5E
M=',O<VAE970Q-S,N>&UL4$L! A0#%     @ ]:V,4JTS(Q$;$   I&D  !H
M             ("!#!P% 'AL+W=O<FMS:&5E=',O<VAE970Q-S0N>&UL4$L!
M A0#%     @ ]:V,4JO6X]A" P  SP<  !H              ("!7RP% 'AL
M+W=O<FMS:&5E=',O<VAE970Q-S4N>&UL4$L! A0#%     @ ]:V,4@5;"OOV
M @  ) H  !H              ("!V2\% 'AL+W=O<FMS:&5E=',O<VAE970Q
M-S8N>&UL4$L! A0#%     @ ]:V,4B],/ T !   . X  !H
M ("!!S,% 'AL+W=O<FMS:&5E=',O<VAE970Q-S<N>&UL4$L! A0#%     @
M]:V,4LZQNX69 P  0PL  !H              ("!/S<% 'AL+W=O<FMS:&5E
M=',O<VAE970Q-S@N>&UL4$L! A0#%     @ ]:V,4B?4RJR\ P  %PT  !H
M             ("!$#L% 'AL+W=O<FMS:&5E=',O<VAE970Q-SDN>&UL4$L!
M A0#%     @ ]:V,4@GXRTM$ P  F@D  !H              ("!!#\% 'AL
M+W=O<FMS:&5E=',O<VAE970Q.# N>&UL4$L! A0#%     @ ]:V,4G42Y=\Y
M P  % D  !H              ("!@$(% 'AL+W=O<FMS:&5E=',O<VAE970Q
M.#$N>&UL4$L! A0#%     @ ]:V,4NV2A':< P  J H  !H
M ("!\44% 'AL+W=O<FMS:&5E=',O<VAE970Q.#(N>&UL4$L! A0#%     @
M]:V,4OXY_V<T!0  N10  !H              ("!Q4D% 'AL+W=O<FMS:&5E
M=',O<VAE970Q.#,N>&UL4$L! A0#%     @ ]:V,4EV &_3? P  U!0  !H
M             ("!,4\% 'AL+W=O<FMS:&5E=',O<VAE970Q.#0N>&UL4$L!
M A0#%     @ ]:V,4JBE/%*V P  %1(  !H              ("!2%,% 'AL
M+W=O<FMS:&5E=',O<VAE970Q.#4N>&UL4$L! A0#%     @ ]:V,4J;%9>Q,
M"   (TL  !H              ("!-E<% 'AL+W=O<FMS:&5E=',O<VAE970Q
M.#8N>&UL4$L! A0#%     @ ]:V,4CAL9UV9 @  X 8  !H
M ("!NE\% 'AL+W=O<FMS:&5E=',O<VAE970Q.#<N>&UL4$L! A0#%     @
M]:V,4N#6,,BM @  LP<  !H              ("!BV(% 'AL+W=O<FMS:&5E
M=',O<VAE970Q.#@N>&UL4$L! A0#%     @ ]:V,4MYM'>9Z P  P0H  !H
M             ("!<&4% 'AL+W=O<FMS:&5E=',O<VAE970Q.#DN>&UL4$L!
M A0#%     @ ]:V,4F=0L5B= @  @ 8  !H              ("!(FD% 'AL
M+W=O<FMS:&5E=',O<VAE970Q.3 N>&UL4$L! A0#%     @ ]:V,4H3S>^$#
M P  TPH  !H              ("!]VL% 'AL+W=O<FMS:&5E=',O<VAE970Q
M.3$N>&UL4$L! A0#%     @ ]:V,4D\.'EV8 P  C0P  !H
M ("!,F\% 'AL+W=O<FMS:&5E=',O<VAE970Q.3(N>&UL4$L! A0#%     @
M]:V,4IJ7IEY*!   O!4  !H              ("! G,% 'AL+W=O<FMS:&5E
M=',O<VAE970Q.3,N>&UL4$L! A0#%     @ ]:V,4L.EEZ6@ @  XP8  !H
M             ("!A'<% 'AL+W=O<FMS:&5E=',O<VAE970Q.30N>&UL4$L!
M A0#%     @ ]:V,4N->+1QG!0  2Q(  !H              ("!7'H% 'AL
M+W=O<FMS:&5E=',O<VAE970Q.34N>&UL4$L! A0#%     @ ]:V,4F1&SO[)
M!P  MCH  !H              ("!^W\% 'AL+W=O<FMS:&5E=',O<VAE970Q
M.38N>&UL4$L! A0#%     @ ]:V,4HU:"HL5!   4@L  !H
M ("!_(<% 'AL+W=O<FMS:&5E=',O<VAE970Q.3<N>&UL4$L! A0#%     @
M]:V,4GE<'YRA @  C08  !H              ("!28P% 'AL+W=O<FMS:&5E
M=',O<VAE970Q.3@N>&UL4$L! A0#%     @ ]:V,4OK\B]/? P  C0L  !H
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M+G)E;'-02P$"% ,4    " #UK8Q2"P/1)'L+  !2@P  #P
M@ &HG04 >&PO=V]R:V)O;VLN>&UL4$L! A0#%     @ ]:V,4DEE?_0B!0
M^W0  !H              ( !4*D% 'AL+U]R96QS+W=O<FMB;V]K+GAM;"YR
M96QS4$L! A0#%     @ ]:V,4HGX@1>- P  JVX  !,              ( !
MJJX% %M#;VYT96YT7U1Y<&5S72YX;6Q02P4&     -  T #,.0  :+(%

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>221
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>222
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>223
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.21.1</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1612</ContextCount>
  <ElementCount>894</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>true</FootnotesReported>
  <SegmentCount>503</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>12</UnitCount>
  <MyReports>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>00000001 - Document - Cover</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/Cover</Role>
      <ShortName>Cover</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R2.htm</HtmlFileName>
      <LongName>00000002 - Statement - Consolidated Balance Sheets</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BalanceSheets</Role>
      <ShortName>Consolidated Balance Sheets</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>2</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R3.htm</HtmlFileName>
      <LongName>00000003 - Statement - Consolidated Statements of Income</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/StatementsOfIncome</Role>
      <ShortName>Consolidated Statements of Income</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>3</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R4.htm</HtmlFileName>
      <LongName>00000004 - Statement - Consolidated Statements of Comprehensive Income</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/StatementsOfComprehensiveIncome</Role>
      <ShortName>Consolidated Statements of Comprehensive Income</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>4</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R5.htm</HtmlFileName>
      <LongName>00000005 - Statement - Consolidated Statements of Cash Flows</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/StatementsOfCashFlows</Role>
      <ShortName>Consolidated Statements of Cash Flows</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>5</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R6.htm</HtmlFileName>
      <LongName>00000006 - Statement - Consolidated Statement of Changes in Shareholders' Equity</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/StatementOfChangesInShareholdersEquity</Role>
      <ShortName>Consolidated Statement of Changes in Shareholders' Equity</ShortName>
      <MenuCategory>Statements</MenuCategory>
      <Position>6</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R7.htm</HtmlFileName>
      <LongName>00000007 - Disclosure - 1. DESCRIPTION OF BUSINESS</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/DescriptionOfBusiness</Role>
      <ShortName>1. DESCRIPTION OF BUSINESS</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>7</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R8.htm</HtmlFileName>
      <LongName>00000008 - Disclosure - 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/SummaryOfSignificantAccountingPolicies</Role>
      <ShortName>2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>8</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R9.htm</HtmlFileName>
      <LongName>00000009 - Disclosure - 3. IMPACTS OF COVID-19</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ImpactsOfCovid-19</Role>
      <ShortName>3. IMPACTS OF COVID-19</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>9</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R10.htm</HtmlFileName>
      <LongName>00000010 - Disclosure - 4. CASH AND CASH EQUIVALENTS</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/CashAndCashEquivalents</Role>
      <ShortName>4. CASH AND CASH EQUIVALENTS</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>10</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R11.htm</HtmlFileName>
      <LongName>00000011 - Disclosure - 5. FINANCIAL INVESTMENTS</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInvestments</Role>
      <ShortName>5. FINANCIAL INVESTMENTS</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>11</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R12.htm</HtmlFileName>
      <LongName>00000012 - Disclosure - 6. TRADE RECEIVABLES</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/TradeReceivables</Role>
      <ShortName>6. TRADE RECEIVABLES</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>12</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R13.htm</HtmlFileName>
      <LongName>00000013 - Disclosure - 7. INVENTORIES</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/Inventories</Role>
      <ShortName>7. INVENTORIES</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>13</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R14.htm</HtmlFileName>
      <LongName>00000014 - Disclosure - 8. RECOVERABLE TAXES</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/RecoverableTaxes</Role>
      <ShortName>8. RECOVERABLE TAXES</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>14</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R15.htm</HtmlFileName>
      <LongName>00000015 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/OtherCurrentAndNon-currentAssets</Role>
      <ShortName>9. OTHER CURRENT AND NON-CURRENT ASSETS</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>15</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R16.htm</HtmlFileName>
      <LongName>00000016 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliates</Role>
      <ShortName>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>16</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R17.htm</HtmlFileName>
      <LongName>00000017 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/PropertyPlantAndEquipment</Role>
      <ShortName>11. PROPERTY, PLANT AND EQUIPMENT</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>17</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R18.htm</HtmlFileName>
      <LongName>00000018 - Disclosure - 12. INTANGIBLE ASSETS</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/IntangibleAssets</Role>
      <ShortName>12. INTANGIBLE ASSETS</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>18</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R19.htm</HtmlFileName>
      <LongName>00000019 - Disclosure - 13. BORROWINGS AND FINANCING</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BorrowingsAndFinancing</Role>
      <ShortName>13. BORROWINGS AND FINANCING</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>19</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R20.htm</HtmlFileName>
      <LongName>00000020 - Disclosure - 14. FINANCIAL INSTRUMENTS</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstruments</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>20</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R21.htm</HtmlFileName>
      <LongName>00000021 - Disclosure - 15. OTHER PAYABLES</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/OtherPayables</Role>
      <ShortName>15. OTHER PAYABLES</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>21</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R22.htm</HtmlFileName>
      <LongName>00000022 - Disclosure - 16. LEASES</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/Leases</Role>
      <ShortName>16. LEASES</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>22</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R23.htm</HtmlFileName>
      <LongName>00000023 - Disclosure - 17. TRADE PAYABLES</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/TradePayables</Role>
      <ShortName>17. TRADE PAYABLES</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>23</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R24.htm</HtmlFileName>
      <LongName>00000024 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTIONS</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/IncomeTaxAndSocialContributions</Role>
      <ShortName>18. INCOME TAX AND SOCIAL CONTRIBUTIONS</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>24</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R25.htm</HtmlFileName>
      <LongName>00000025 - Disclosure - 19. TAXES IN INSTALLMENTS</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/TaxesInInstallments</Role>
      <ShortName>19. TAXES IN INSTALLMENTS</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>25</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R26.htm</HtmlFileName>
      <LongName>00000026 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDeposits</Role>
      <ShortName>20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>26</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R27.htm</HtmlFileName>
      <LongName>00000027 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMENT OBLIGATIONS</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetirementObligations</Role>
      <ShortName>21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMENT OBLIGATIONS</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>27</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R28.htm</HtmlFileName>
      <LongName>00000028 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/Related-partyBalancesAndTransactions</Role>
      <ShortName>22. RELATED-PARTY BALANCES AND TRANSACTIONS</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>28</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R29.htm</HtmlFileName>
      <LongName>00000029 - Disclosure - 23. SHAREHOLDERS' EQUITY</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ShareholdersEquity</Role>
      <ShortName>23. SHAREHOLDERS' EQUITY</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>29</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R30.htm</HtmlFileName>
      <LongName>00000030 - Disclosure - 24. Shareholders' Compensation</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ShareholdersCompensation</Role>
      <ShortName>24. Shareholders' Compensation</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>30</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R31.htm</HtmlFileName>
      <LongName>00000031 - Disclosure - 25. NET REVENUE FROM SALES</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/NetRevenueFromSales</Role>
      <ShortName>25. NET REVENUE FROM SALES</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>31</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R32.htm</HtmlFileName>
      <LongName>00000032 - Disclosure - 26. EXPENSES BY NATURE</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ExpensesByNature</Role>
      <ShortName>26. EXPENSES BY NATURE</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>32</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R33.htm</HtmlFileName>
      <LongName>00000033 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/OtherOperatingIncomeAndExpenses</Role>
      <ShortName>27. OTHER OPERATING INCOME AND EXPENSES</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>33</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R34.htm</HtmlFileName>
      <LongName>00000034 - Disclosure - 28. FINANCIAL INCOME (EXPENSES)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialIncomeExpenses</Role>
      <ShortName>28. FINANCIAL INCOME (EXPENSES)</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>34</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R35.htm</HtmlFileName>
      <LongName>00000035 - Disclosure - 29. SEGMENT INFORMATION</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/SegmentInformation</Role>
      <ShortName>29. SEGMENT INFORMATION</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>35</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R36.htm</HtmlFileName>
      <LongName>00000036 - Disclosure - 30. EMPLOYEE BENEFITS</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefits</Role>
      <ShortName>30. EMPLOYEE BENEFITS</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>36</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R37.htm</HtmlFileName>
      <LongName>00000037 - Disclosure - 31. COMMITMENTS</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/Commitments</Role>
      <ShortName>31. COMMITMENTS</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>37</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R38.htm</HtmlFileName>
      <LongName>00000038 - Disclosure - 32. INSURANCE</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/Insurance</Role>
      <ShortName>32. INSURANCE</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>38</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R39.htm</HtmlFileName>
      <LongName>00000039 - Disclosure - 33. ADDITIONAL INFORMATION TO CASH FLOWS</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/AdditionalInformationToCashFlows</Role>
      <ShortName>33. ADDITIONAL INFORMATION TO CASH FLOWS</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>39</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R40.htm</HtmlFileName>
      <LongName>00000040 - Disclosure - 34. SUBSEQUENT EVENTS</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/SubsequentEvents</Role>
      <ShortName>34. SUBSEQUENT EVENTS</ShortName>
      <MenuCategory>Notes</MenuCategory>
      <Position>40</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R41.htm</HtmlFileName>
      <LongName>00000041 - Disclosure - 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/SummaryOfSignificantAccountingPoliciesPolicies</Role>
      <ShortName>2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)</ShortName>
      <MenuCategory>Policies</MenuCategory>
      <Position>41</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R42.htm</HtmlFileName>
      <LongName>00000042 - Disclosure - 4. CASH AND CASH EQUIVALENTS (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/CashAndCashEquivalentsTables</Role>
      <ShortName>4. CASH AND CASH EQUIVALENTS (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/CashAndCashEquivalents</ParentRole>
      <Position>42</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R43.htm</HtmlFileName>
      <LongName>00000043 - Disclosure - 5. FINANCIAL INVESTMENTS (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInvestmentsTables</Role>
      <ShortName>5. FINANCIAL INVESTMENTS (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInvestments</ParentRole>
      <Position>43</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R44.htm</HtmlFileName>
      <LongName>00000044 - Disclosure - 6. TRADE RECEIVABLES (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/TradeReceivablesTables</Role>
      <ShortName>6. TRADE RECEIVABLES (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/TradeReceivables</ParentRole>
      <Position>44</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R45.htm</HtmlFileName>
      <LongName>00000045 - Disclosure - 7. INVENTORIES (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/InventoriesTables</Role>
      <ShortName>7. INVENTORIES (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/Inventories</ParentRole>
      <Position>45</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R46.htm</HtmlFileName>
      <LongName>00000046 - Disclosure - 8. RECOVERABLE TAXES (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/RecoverableTaxesTables</Role>
      <ShortName>8. RECOVERABLE TAXES (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/RecoverableTaxes</ParentRole>
      <Position>46</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R47.htm</HtmlFileName>
      <LongName>00000047 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/OtherCurrentAndNon-currentAssetsTables</Role>
      <ShortName>9. OTHER CURRENT AND NON-CURRENT ASSETS (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/OtherCurrentAndNon-currentAssets</ParentRole>
      <Position>47</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R48.htm</HtmlFileName>
      <LongName>00000048 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables</Role>
      <ShortName>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliates</ParentRole>
      <Position>48</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R49.htm</HtmlFileName>
      <LongName>00000049 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/PropertyPlantAndEquipmentTables</Role>
      <ShortName>11. PROPERTY, PLANT AND EQUIPMENT (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/PropertyPlantAndEquipment</ParentRole>
      <Position>49</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R50.htm</HtmlFileName>
      <LongName>00000050 - Disclosure - 12. INTANGIBLE ASSETS (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/IntangibleAssetsTables</Role>
      <ShortName>12. INTANGIBLE ASSETS (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/IntangibleAssets</ParentRole>
      <Position>50</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R51.htm</HtmlFileName>
      <LongName>00000051 - Disclosure - 13. BORROWINGS AND FINANCING (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BorrowingsAndFinancingTables</Role>
      <ShortName>13. BORROWINGS AND FINANCING (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/BorrowingsAndFinancing</ParentRole>
      <Position>51</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R52.htm</HtmlFileName>
      <LongName>00000052 - Disclosure - 14. FINANCIAL INSTRUMENTS (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsTables</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstruments</ParentRole>
      <Position>52</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R53.htm</HtmlFileName>
      <LongName>00000053 - Disclosure - 15. OTHER PAYABLES (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/OtherPayablesTables</Role>
      <ShortName>15. OTHER PAYABLES (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/OtherPayables</ParentRole>
      <Position>53</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R54.htm</HtmlFileName>
      <LongName>00000054 - Disclosure - 16. LEASES (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/LeasesTables</Role>
      <ShortName>16. LEASES (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/Leases</ParentRole>
      <Position>54</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R55.htm</HtmlFileName>
      <LongName>00000055 - Disclosure - 17. TRADE PAYABLES (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/TradePayablesTables</Role>
      <ShortName>17. TRADE PAYABLES (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/TradePayables</ParentRole>
      <Position>55</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R56.htm</HtmlFileName>
      <LongName>00000056 - Disclosure - 18.INCOME TAX AND SOCIAL CONTRIBUTIONS  (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/IncomeTaxAndSocialContributionsTables</Role>
      <ShortName>18.INCOME TAX AND SOCIAL CONTRIBUTIONS  (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <Position>56</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R57.htm</HtmlFileName>
      <LongName>00000057 - Disclosure - 19. TAXES IN INSTALLMENTS (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/TaxesInInstallmentsTables</Role>
      <ShortName>19. TAXES IN INSTALLMENTS (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/TaxesInInstallments</ParentRole>
      <Position>57</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R58.htm</HtmlFileName>
      <LongName>00000058 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTables</Role>
      <ShortName>20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDeposits</ParentRole>
      <Position>58</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R59.htm</HtmlFileName>
      <LongName>00000059 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsTables</Role>
      <ShortName>21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <Position>59</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R60.htm</HtmlFileName>
      <LongName>00000060 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/Related-partyBalancesAndTransactionsTables</Role>
      <ShortName>22. RELATED-PARTY BALANCES AND TRANSACTIONS (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/Related-partyBalancesAndTransactions</ParentRole>
      <Position>60</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R61.htm</HtmlFileName>
      <LongName>00000061 - Disclosure - 23. SHAREHOLDERS' EQUITY (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ShareholdersEquityTables</Role>
      <ShortName>23. SHAREHOLDERS' EQUITY (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/ShareholdersEquity</ParentRole>
      <Position>61</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R62.htm</HtmlFileName>
      <LongName>00000062 - Disclosure - 24. Shareholders' Compensation (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ShareholdersCompensationTables</Role>
      <ShortName>24. Shareholders' Compensation (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/ShareholdersCompensation</ParentRole>
      <Position>62</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R63.htm</HtmlFileName>
      <LongName>00000063 - Disclosure - 25. NET REVENUE FROM SALES (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/NetRevenueFromSalesTables</Role>
      <ShortName>25. NET REVENUE FROM SALES (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/NetRevenueFromSales</ParentRole>
      <Position>63</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R64.htm</HtmlFileName>
      <LongName>00000064 - Disclosure - 26. EXPENSES BY NATURE (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ExpensesByNatureTables</Role>
      <ShortName>26. EXPENSES BY NATURE (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/ExpensesByNature</ParentRole>
      <Position>64</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R65.htm</HtmlFileName>
      <LongName>00000065 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/OtherOperatingIncomeAndExpensesTables</Role>
      <ShortName>27. OTHER OPERATING INCOME AND EXPENSES (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/OtherOperatingIncomeAndExpenses</ParentRole>
      <Position>65</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R66.htm</HtmlFileName>
      <LongName>00000066 - Disclosure - 28. FINANCIAL INCOME (EXPENSES) (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialIncomeExpensesTables</Role>
      <ShortName>28. FINANCIAL INCOME (EXPENSES) (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialIncomeExpenses</ParentRole>
      <Position>66</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R67.htm</HtmlFileName>
      <LongName>00000067 - Disclosure - 29. SEGMENT INFORMATION (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/SegmentInformationTables</Role>
      <ShortName>29. SEGMENT INFORMATION (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/SegmentInformation</ParentRole>
      <Position>67</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R68.htm</HtmlFileName>
      <LongName>00000068 - Disclosure - 30. EMPLOYEE BENEFITS (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsTables</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefits</ParentRole>
      <Position>68</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R69.htm</HtmlFileName>
      <LongName>00000069 - Disclosure - 31. COMMITMENTS (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/CommitmentsTables</Role>
      <ShortName>31. COMMITMENTS (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/Commitments</ParentRole>
      <Position>69</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R70.htm</HtmlFileName>
      <LongName>00000070 - Disclosure - 33. ADDITIONAL INFORMATION TO CASH FLOWS  (Tables)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/AdditionalInformationToCashFlowsTables</Role>
      <ShortName>33. ADDITIONAL INFORMATION TO CASH FLOWS  (Tables)</ShortName>
      <MenuCategory>Tables</MenuCategory>
      <ParentRole>http://csn.com.br/role/AdditionalInformationToCashFlows</ParentRole>
      <Position>70</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R71.htm</HtmlFileName>
      <LongName>00000071 - Disclosure - 1. DESCRIPTION OF BUSINESS (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/DescriptionOfBusinessDetailsNarrative</Role>
      <ShortName>1. DESCRIPTION OF BUSINESS (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/DescriptionOfBusiness</ParentRole>
      <Position>71</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R72.htm</HtmlFileName>
      <LongName>00000072 - Disclosure - 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative</Role>
      <ShortName>2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/SummaryOfSignificantAccountingPoliciesPolicies</ParentRole>
      <Position>72</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R73.htm</HtmlFileName>
      <LongName>00000073 - Disclosure - 3. IMPACTS OF COVID-19 (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ImpactsOfCovid-19DetailsNarrative</Role>
      <ShortName>3. IMPACTS OF COVID-19 (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/ImpactsOfCovid-19</ParentRole>
      <Position>73</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R74.htm</HtmlFileName>
      <LongName>00000074 - Disclosure - 4. CASH AND CASH EQUIVALENTS (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/CashAndCashEquivalentsDetails</Role>
      <ShortName>4. CASH AND CASH EQUIVALENTS (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/CashAndCashEquivalentsTables</ParentRole>
      <Position>74</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R75.htm</HtmlFileName>
      <LongName>00000075 - Disclosure - 5. FINANCIAL INVESTMENTS (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInvestmentsDetails</Role>
      <ShortName>5. FINANCIAL INVESTMENTS (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInvestmentsTables</ParentRole>
      <Position>75</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R76.htm</HtmlFileName>
      <LongName>00000076 - Disclosure - 6. TRADE RECEIVABLES (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/TradeReceivablesDetails</Role>
      <ShortName>6. TRADE RECEIVABLES (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/TradeReceivablesTables</ParentRole>
      <Position>76</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R77.htm</HtmlFileName>
      <LongName>00000077 - Disclosure - 6. TRADE RECEIVABLES (Details 1)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/TradeReceivablesDetails1</Role>
      <ShortName>6. TRADE RECEIVABLES (Details 1)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/TradeReceivablesTables</ParentRole>
      <Position>77</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R78.htm</HtmlFileName>
      <LongName>00000078 - Disclosure - 6. TRADE RECEIVABLES (Details 2)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/TradeReceivablesDetails2</Role>
      <ShortName>6. TRADE RECEIVABLES (Details 2)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/TradeReceivablesTables</ParentRole>
      <Position>78</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R79.htm</HtmlFileName>
      <LongName>00000079 - Disclosure - 7. INVENTORIES (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/InventoriesDetails</Role>
      <ShortName>7. INVENTORIES (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/InventoriesTables</ParentRole>
      <Position>79</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R80.htm</HtmlFileName>
      <LongName>00000080 - Disclosure - 7. INVENTORIES (Details 1)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/InventoriesDetails1</Role>
      <ShortName>7. INVENTORIES (Details 1)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/InventoriesTables</ParentRole>
      <Position>80</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R81.htm</HtmlFileName>
      <LongName>00000081 - Disclosure - 8. RECOVERABLE TAXES (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/RecoverableTaxesDetails</Role>
      <ShortName>8. RECOVERABLE TAXES (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/RecoverableTaxesTables</ParentRole>
      <Position>81</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R82.htm</HtmlFileName>
      <LongName>00000082 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/OtherCurrentAndNon-currentAssetsDetails</Role>
      <ShortName>9. OTHER CURRENT AND NON-CURRENT ASSETS (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/OtherCurrentAndNon-currentAssetsTables</ParentRole>
      <Position>82</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R83.htm</HtmlFileName>
      <LongName>00000083 - Disclosure - 9. OTHER CURRENT AND NON-CURRENT ASSETS (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/OtherCurrentAndNon-currentAssetsDetailsNarrative</Role>
      <ShortName>9. OTHER CURRENT AND NON-CURRENT ASSETS (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/OtherCurrentAndNon-currentAssetsTables</ParentRole>
      <Position>83</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R84.htm</HtmlFileName>
      <LongName>00000084 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails</Role>
      <ShortName>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables</ParentRole>
      <Position>84</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R85.htm</HtmlFileName>
      <LongName>00000085 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 1)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails1</Role>
      <ShortName>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 1)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables</ParentRole>
      <Position>85</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R86.htm</HtmlFileName>
      <LongName>00000086 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 2)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails2</Role>
      <ShortName>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 2)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables</ParentRole>
      <Position>86</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R87.htm</HtmlFileName>
      <LongName>00000087 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 3)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails3</Role>
      <ShortName>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 3)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables</ParentRole>
      <Position>87</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R88.htm</HtmlFileName>
      <LongName>00000088 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 4)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails4</Role>
      <ShortName>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 4)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables</ParentRole>
      <Position>88</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R89.htm</HtmlFileName>
      <LongName>00000089 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 5)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails5</Role>
      <ShortName>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 5)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables</ParentRole>
      <Position>89</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R90.htm</HtmlFileName>
      <LongName>00000090 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 6)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails6</Role>
      <ShortName>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 6)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables</ParentRole>
      <Position>90</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R91.htm</HtmlFileName>
      <LongName>00000091 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 7)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetails7</Role>
      <ShortName>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details 7)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables</ParentRole>
      <Position>91</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R92.htm</HtmlFileName>
      <LongName>00000092 - Disclosure - 10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesDetailsNarrative</Role>
      <ShortName>10. BASIS OF CONSOLIDATION AND INVESTMENTS IN SUBSIDIARIES AND AFFILIATES (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/BasisOfConsolidationAndInvestmentsInSubsidiariesAndAffiliatesTables</ParentRole>
      <Position>92</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R93.htm</HtmlFileName>
      <LongName>00000093 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/PropertyPlantAndEquipmentDetails</Role>
      <ShortName>11. PROPERTY, PLANT AND EQUIPMENT (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/PropertyPlantAndEquipmentTables</ParentRole>
      <Position>93</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R94.htm</HtmlFileName>
      <LongName>00000094 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details 1)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/PropertyPlantAndEquipmentDetails1</Role>
      <ShortName>11. PROPERTY, PLANT AND EQUIPMENT (Details 1)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/PropertyPlantAndEquipmentTables</ParentRole>
      <Position>94</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R95.htm</HtmlFileName>
      <LongName>00000095 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details 2)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/PropertyPlantAndEquipmentDetails2</Role>
      <ShortName>11. PROPERTY, PLANT AND EQUIPMENT (Details 2)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/PropertyPlantAndEquipmentTables</ParentRole>
      <Position>95</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R96.htm</HtmlFileName>
      <LongName>00000096 - Disclosure - 11. PROPERTY, PLANT AND EQUIPMENT (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/PropertyPlantAndEquipmentDetailsNarrative</Role>
      <ShortName>11. PROPERTY, PLANT AND EQUIPMENT (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/PropertyPlantAndEquipmentTables</ParentRole>
      <Position>96</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R97.htm</HtmlFileName>
      <LongName>00000097 - Disclosure - 12. INTANGIBLE ASSETS (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/IntangibleAssetsDetails</Role>
      <ShortName>12. INTANGIBLE ASSETS (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/IntangibleAssetsTables</ParentRole>
      <Position>97</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R98.htm</HtmlFileName>
      <LongName>00000098 - Disclosure - 12. INTANGIBLE ASSETS (Details 1)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/IntangibleAssetsDetails1</Role>
      <ShortName>12. INTANGIBLE ASSETS (Details 1)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/IntangibleAssetsTables</ParentRole>
      <Position>98</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R99.htm</HtmlFileName>
      <LongName>00000099 - Disclosure - 12. INTANGIBLE ASSETS (Details 2)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/IntangibleAssetsDetails2</Role>
      <ShortName>12. INTANGIBLE ASSETS (Details 2)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/IntangibleAssetsTables</ParentRole>
      <Position>99</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R100.htm</HtmlFileName>
      <LongName>00000100 - Disclosure - 12. INTANGIBLE ASSETS (Details 3)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/IntangibleAssetsDetails3</Role>
      <ShortName>12. INTANGIBLE ASSETS (Details 3)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/IntangibleAssetsTables</ParentRole>
      <Position>100</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R101.htm</HtmlFileName>
      <LongName>00000101 - Disclosure - 12. INTANGIBLE ASSETS (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/IntangibleAssetsDetailsNarrative</Role>
      <ShortName>12. INTANGIBLE ASSETS (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/IntangibleAssetsTables</ParentRole>
      <Position>101</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R102.htm</HtmlFileName>
      <LongName>00000102 - Disclosure - 13. BORROWINGS AND FINANCING (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BorrowingsAndFinancingDetails</Role>
      <ShortName>13. BORROWINGS AND FINANCING (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/BorrowingsAndFinancingTables</ParentRole>
      <Position>102</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R103.htm</HtmlFileName>
      <LongName>00000103 - Disclosure - 13. BORROWINGS AND FINANCING (Details 1)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BorrowingsAndFinancingDetails1</Role>
      <ShortName>13. BORROWINGS AND FINANCING (Details 1)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/BorrowingsAndFinancingTables</ParentRole>
      <Position>103</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R104.htm</HtmlFileName>
      <LongName>00000104 - Disclosure - 13. BORROWINGS AND FINANCING (Details 2)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BorrowingsAndFinancingDetails2</Role>
      <ShortName>13. BORROWINGS AND FINANCING (Details 2)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/BorrowingsAndFinancingTables</ParentRole>
      <Position>104</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R105.htm</HtmlFileName>
      <LongName>00000105 - Disclosure - 13. BORROWINGS AND FINANCING (Details 3)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BorrowingsAndFinancingDetails3</Role>
      <ShortName>13. BORROWINGS AND FINANCING (Details 3)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/BorrowingsAndFinancingTables</ParentRole>
      <Position>105</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R106.htm</HtmlFileName>
      <LongName>00000106 - Disclosure - 13. BORROWINGS AND FINANCING (Details 4)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BorrowingsAndFinancingDetails4</Role>
      <ShortName>13. BORROWINGS AND FINANCING (Details 4)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/BorrowingsAndFinancingTables</ParentRole>
      <Position>106</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R107.htm</HtmlFileName>
      <LongName>00000107 - Disclosure - 13. BORROWINGS AND FINANCING (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/BorrowingsAndFinancingDetailsNarrative</Role>
      <ShortName>13. BORROWINGS AND FINANCING (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/BorrowingsAndFinancingTables</ParentRole>
      <Position>107</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R108.htm</HtmlFileName>
      <LongName>00000108 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>108</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R109.htm</HtmlFileName>
      <LongName>00000109 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 1)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails1</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 1)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>109</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R110.htm</HtmlFileName>
      <LongName>00000110 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 2)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails2</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 2)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>110</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R111.htm</HtmlFileName>
      <LongName>00000111 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 3)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails3</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 3)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>111</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R112.htm</HtmlFileName>
      <LongName>00000112 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 4)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails4</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 4)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>112</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R113.htm</HtmlFileName>
      <LongName>00000113 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 5)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails5</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 5)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>113</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R114.htm</HtmlFileName>
      <LongName>00000114 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 6)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails6</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 6)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>114</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R115.htm</HtmlFileName>
      <LongName>00000115 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 7)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails7</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 7)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>115</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R116.htm</HtmlFileName>
      <LongName>00000116 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 8)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails8</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 8)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>116</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R117.htm</HtmlFileName>
      <LongName>00000117 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 9)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails9</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 9)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>117</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R118.htm</HtmlFileName>
      <LongName>00000118 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 10)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails10</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 10)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>118</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R119.htm</HtmlFileName>
      <LongName>00000119 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 11)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails11</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 11)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>119</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R120.htm</HtmlFileName>
      <LongName>00000120 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 12)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails12</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 12)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>120</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R121.htm</HtmlFileName>
      <LongName>00000121 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 13)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails13</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 13)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>121</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R122.htm</HtmlFileName>
      <LongName>00000122 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 14)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails14</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 14)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>122</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R123.htm</HtmlFileName>
      <LongName>00000123 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 15)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails15</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 15)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>123</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R124.htm</HtmlFileName>
      <LongName>00000124 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 16)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails16</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 16)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>124</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R125.htm</HtmlFileName>
      <LongName>00000125 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 17)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails17</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 17)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>125</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R126.htm</HtmlFileName>
      <LongName>00000126 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 18)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails18</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 18)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>126</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R127.htm</HtmlFileName>
      <LongName>00000127 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details 19)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetails19</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details 19)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>127</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R128.htm</HtmlFileName>
      <LongName>00000128 - Disclosure - 14. FINANCIAL INSTRUMENTS (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialInstrumentsDetailsNarrative</Role>
      <ShortName>14. FINANCIAL INSTRUMENTS (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialInstrumentsTables</ParentRole>
      <Position>128</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R129.htm</HtmlFileName>
      <LongName>00000129 - Disclosure - 15. OTHER PAYABLES (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/OtherPayablesDetails</Role>
      <ShortName>15. OTHER PAYABLES (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/OtherPayablesTables</ParentRole>
      <Position>129</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R130.htm</HtmlFileName>
      <LongName>00000130 - Disclosure - 15. OTHER PAYABLES (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/OtherPayablesDetailsNarrative</Role>
      <ShortName>15. OTHER PAYABLES (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/OtherPayablesTables</ParentRole>
      <Position>130</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R131.htm</HtmlFileName>
      <LongName>00000131 - Disclosure - 16. LEASES (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/LeasesDetails</Role>
      <ShortName>16. LEASES (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/LeasesTables</ParentRole>
      <Position>131</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R132.htm</HtmlFileName>
      <LongName>00000132 - Disclosure - 16. LEASES (Details 1)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/LeasesDetails1</Role>
      <ShortName>16. LEASES (Details 1)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/LeasesTables</ParentRole>
      <Position>132</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R133.htm</HtmlFileName>
      <LongName>00000133 - Disclosure - 16. LEASES (Details 2)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/LeasesDetails2</Role>
      <ShortName>16. LEASES (Details 2)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/LeasesTables</ParentRole>
      <Position>133</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R134.htm</HtmlFileName>
      <LongName>00000134 - Disclosure - 16. LEASES (Details 3)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/LeasesDetails3</Role>
      <ShortName>16. LEASES (Details 3)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/LeasesTables</ParentRole>
      <Position>134</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R135.htm</HtmlFileName>
      <LongName>00000135 - Disclosure - 16. LEASES (Details 4)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/LeasesDetails4</Role>
      <ShortName>16. LEASES (Details 4)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/LeasesTables</ParentRole>
      <Position>135</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R136.htm</HtmlFileName>
      <LongName>00000136 - Disclosure - 16. LEASES (Details 5)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/LeasesDetails5</Role>
      <ShortName>16. LEASES (Details 5)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/LeasesTables</ParentRole>
      <Position>136</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R137.htm</HtmlFileName>
      <LongName>00000137 - Disclosure - 16. LEASES (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/LeasesDetailsNarrative</Role>
      <ShortName>16. LEASES (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/LeasesTables</ParentRole>
      <Position>137</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R138.htm</HtmlFileName>
      <LongName>00000138 - Disclosure - 17. TRADE PAYABLES (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/TradePayablesDetails</Role>
      <ShortName>17. TRADE PAYABLES (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/TradePayablesTables</ParentRole>
      <Position>138</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R139.htm</HtmlFileName>
      <LongName>00000139 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/IncomeTaxAndSocialContributionDetails</Role>
      <ShortName>18. INCOME TAX AND SOCIAL CONTRIBUTION (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/IncomeTaxAndSocialContributions</ParentRole>
      <Position>139</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R140.htm</HtmlFileName>
      <LongName>00000140 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 1)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/IncomeTaxAndSocialContributionDetails1</Role>
      <ShortName>18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 1)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/IncomeTaxAndSocialContributions</ParentRole>
      <Position>140</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R141.htm</HtmlFileName>
      <LongName>00000141 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 2)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/IncomeTaxAndSocialContributionDetails2</Role>
      <ShortName>18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 2)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/IncomeTaxAndSocialContributions</ParentRole>
      <Position>141</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R142.htm</HtmlFileName>
      <LongName>00000142 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 3)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/IncomeTaxAndSocialContributionDetails3</Role>
      <ShortName>18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 3)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/IncomeTaxAndSocialContributions</ParentRole>
      <Position>142</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R143.htm</HtmlFileName>
      <LongName>00000143 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 4)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/IncomeTaxAndSocialContributionDetails4</Role>
      <ShortName>18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 4)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/IncomeTaxAndSocialContributions</ParentRole>
      <Position>143</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R144.htm</HtmlFileName>
      <LongName>00000144 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 5)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/IncomeTaxAndSocialContributionDetails5</Role>
      <ShortName>18. INCOME TAX AND SOCIAL CONTRIBUTION (Details 5)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/IncomeTaxAndSocialContributions</ParentRole>
      <Position>144</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R145.htm</HtmlFileName>
      <LongName>00000145 - Disclosure - 18. INCOME TAX AND SOCIAL CONTRIBUTION (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/IncomeTaxAndSocialContributionDetailsNarrative</Role>
      <ShortName>18. INCOME TAX AND SOCIAL CONTRIBUTION (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/IncomeTaxAndSocialContributions</ParentRole>
      <Position>145</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R146.htm</HtmlFileName>
      <LongName>00000146 - Disclosure - 19. TAXES IN INSTALLMENTS (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/TaxesInInstallmentsDetails</Role>
      <ShortName>19. TAXES IN INSTALLMENTS (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/TaxesInInstallmentsTables</ParentRole>
      <Position>146</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R147.htm</HtmlFileName>
      <LongName>00000147 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails</Role>
      <ShortName>20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTables</ParentRole>
      <Position>147</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R148.htm</HtmlFileName>
      <LongName>00000148 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details 1)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails1</Role>
      <ShortName>20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details 1)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTables</ParentRole>
      <Position>148</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R149.htm</HtmlFileName>
      <LongName>00000149 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details 2)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetails2</Role>
      <ShortName>20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details 2)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTables</ParentRole>
      <Position>149</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R150.htm</HtmlFileName>
      <LongName>00000150 - Disclosure - 20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsDetailsNarrative</Role>
      <ShortName>20. PROVISION FOR TAX, SOCIAL SECURITY, LABOR, CIVIL, ENVIRONMENTAL RISKS AND JUDICIAL DEPOSITS (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/ProvisionForTaxSocialSecurityLaborCivilEnvironmentalRisksAndJudicialDepositsTables</ParentRole>
      <Position>150</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R151.htm</HtmlFileName>
      <LongName>00000151 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetails</Role>
      <ShortName>21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsTables</ParentRole>
      <Position>151</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R152.htm</HtmlFileName>
      <LongName>00000152 - Disclosure - 21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsDetailsNarrative</Role>
      <ShortName>21. PROVISION FOR ENVIRONMENTAL LIABILITIES AND ASSET RETIREMMENT OBLIGATIONS (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/ProvisionForEnvironmentalLiabilitiesAndAssetRetiremmentObligationsTables</ParentRole>
      <Position>152</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R153.htm</HtmlFileName>
      <LongName>00000153 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails</Role>
      <ShortName>22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/Related-partyBalancesAndTransactionsTables</ParentRole>
      <Position>153</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R154.htm</HtmlFileName>
      <LongName>00000154 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 1)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails1</Role>
      <ShortName>22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 1)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/Related-partyBalancesAndTransactionsTables</ParentRole>
      <Position>154</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R155.htm</HtmlFileName>
      <LongName>00000155 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 2)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails2</Role>
      <ShortName>22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 2)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/Related-partyBalancesAndTransactionsTables</ParentRole>
      <Position>155</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R156.htm</HtmlFileName>
      <LongName>00000156 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 3)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/Related-partyBalancesAndTransactionsDetails3</Role>
      <ShortName>22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details 3)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/Related-partyBalancesAndTransactionsTables</ParentRole>
      <Position>156</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R157.htm</HtmlFileName>
      <LongName>00000157 - Disclosure - 22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/Related-partyBalancesAndTransactionsDetailsNarrative</Role>
      <ShortName>22. RELATED-PARTY BALANCES AND TRANSACTIONS (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/Related-partyBalancesAndTransactionsTables</ParentRole>
      <Position>157</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R158.htm</HtmlFileName>
      <LongName>00000158 - Disclosure - 23. SHAREHOLDERS' EQUITY (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ShareholdersEquityDetails</Role>
      <ShortName>23. SHAREHOLDERS' EQUITY (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/ShareholdersEquityTables</ParentRole>
      <Position>158</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R159.htm</HtmlFileName>
      <LongName>00000159 - Disclosure - 23. SHAREHOLDERS' EQUITY (Details 1)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ShareholdersEquityDetails1</Role>
      <ShortName>23. SHAREHOLDERS' EQUITY (Details 1)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/ShareholdersEquityTables</ParentRole>
      <Position>159</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R160.htm</HtmlFileName>
      <LongName>00000160 - Disclosure - 23. SHAREHOLDERS' EQUITY (Details 2)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ShareholdersEquityDetails2</Role>
      <ShortName>23. SHAREHOLDERS' EQUITY (Details 2)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/ShareholdersEquityTables</ParentRole>
      <Position>160</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R161.htm</HtmlFileName>
      <LongName>00000161 - Disclosure - 23. SHAREHOLDERS' EQUITY (Details 3)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ShareholdersEquityDetails3</Role>
      <ShortName>23. SHAREHOLDERS' EQUITY (Details 3)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/ShareholdersEquityTables</ParentRole>
      <Position>161</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R162.htm</HtmlFileName>
      <LongName>00000162 - Disclosure - 23. SHAREHOLDERS' EQUITY (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ShareholdersEquityDetailsNarrative</Role>
      <ShortName>23. SHAREHOLDERS' EQUITY (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/ShareholdersEquityTables</ParentRole>
      <Position>162</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R163.htm</HtmlFileName>
      <LongName>00000163 - Disclosure - 24. Shareholders' Compensation (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ShareholdersCompensationDetails</Role>
      <ShortName>24. Shareholders' Compensation (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/ShareholdersCompensationTables</ParentRole>
      <Position>163</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R164.htm</HtmlFileName>
      <LongName>00000164 - Disclosure - 24. Shareholders' Compensation (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ShareholdersCompensationDetailsNarrative</Role>
      <ShortName>24. Shareholders' Compensation (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/ShareholdersCompensationTables</ParentRole>
      <Position>164</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R165.htm</HtmlFileName>
      <LongName>00000165 - Disclosure - 25. NET REVENUE FROM SALES (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/NetRevenueFromSalesDetails</Role>
      <ShortName>25. NET REVENUE FROM SALES (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/NetRevenueFromSalesTables</ParentRole>
      <Position>165</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R166.htm</HtmlFileName>
      <LongName>00000166 - Disclosure - 25. NET REVENUE FROM SALES (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/NetRevenueFromSalesDetailsNarrative</Role>
      <ShortName>25. NET REVENUE FROM SALES (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/NetRevenueFromSalesTables</ParentRole>
      <Position>166</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R167.htm</HtmlFileName>
      <LongName>00000167 - Disclosure - 26. EXPENSES BY NATURE (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ExpensesByNatureDetails</Role>
      <ShortName>26. EXPENSES BY NATURE (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/ExpensesByNatureTables</ParentRole>
      <Position>167</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R168.htm</HtmlFileName>
      <LongName>00000168 - Disclosure - 26. EXPENSES BY NATURE (Details 1)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ExpensesByNatureDetails1</Role>
      <ShortName>26. EXPENSES BY NATURE (Details 1)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/ExpensesByNatureTables</ParentRole>
      <Position>168</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R169.htm</HtmlFileName>
      <LongName>00000169 - Disclosure - 26. EXPENSES BY NATURE (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/ExpensesByNatureDetailsNarrative</Role>
      <ShortName>26. EXPENSES BY NATURE (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/ExpensesByNatureTables</ParentRole>
      <Position>169</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R170.htm</HtmlFileName>
      <LongName>00000170 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/OtherOperatingIncomeAndExpensesDetails</Role>
      <ShortName>27. OTHER OPERATING INCOME AND EXPENSES (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/OtherOperatingIncomeAndExpensesTables</ParentRole>
      <Position>170</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R171.htm</HtmlFileName>
      <LongName>00000171 - Disclosure - 27. OTHER OPERATING INCOME AND EXPENSES (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/OtherOperatingIncomeAndExpensesDetailsNarrative</Role>
      <ShortName>27. OTHER OPERATING INCOME AND EXPENSES (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/OtherOperatingIncomeAndExpensesTables</ParentRole>
      <Position>171</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R172.htm</HtmlFileName>
      <LongName>00000172 - Disclosure - 28. FINANCIAL INCOME (EXPENSES) (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialIncomeExpensesDetails</Role>
      <ShortName>28. FINANCIAL INCOME (EXPENSES) (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialIncomeExpensesTables</ParentRole>
      <Position>172</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R173.htm</HtmlFileName>
      <LongName>00000173 - Disclosure - 28. FINANCIAL INCOME (EXPENSES) (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/FinancialIncomeExpensesDetailsNarrative</Role>
      <ShortName>28. FINANCIAL INCOME (EXPENSES) (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/FinancialIncomeExpensesTables</ParentRole>
      <Position>173</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R174.htm</HtmlFileName>
      <LongName>00000174 - Disclosure - 29. SEGMENT INFORMATION (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/SegmentInformationDetails</Role>
      <ShortName>29. SEGMENT INFORMATION (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/SegmentInformationTables</ParentRole>
      <Position>174</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R175.htm</HtmlFileName>
      <LongName>00000175 - Disclosure - 29. SEGMENT INFORMATION (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/SegmentInformationDetailsNarrative</Role>
      <ShortName>29. SEGMENT INFORMATION (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/SegmentInformationTables</ParentRole>
      <Position>175</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R176.htm</HtmlFileName>
      <LongName>00000176 - Disclosure - 30. EMPLOYEE BENEFITS (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>176</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R177.htm</HtmlFileName>
      <LongName>00000177 - Disclosure - 30. EMPLOYEE BENEFITS (Details 1)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails1</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details 1)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>177</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R178.htm</HtmlFileName>
      <LongName>00000178 - Disclosure - 30. EMPLOYEE BENEFITS (Details 2)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails2</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details 2)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>178</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R179.htm</HtmlFileName>
      <LongName>00000179 - Disclosure - 30. EMPLOYEE BENEFITS (Details 3)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails3</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details 3)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>179</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R180.htm</HtmlFileName>
      <LongName>00000180 - Disclosure - 30. EMPLOYEE BENEFITS (Details 4)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails4</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details 4)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>180</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R181.htm</HtmlFileName>
      <LongName>00000181 - Disclosure - 30. EMPLOYEE BENEFITS (Details 5)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails5</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details 5)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>181</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R182.htm</HtmlFileName>
      <LongName>00000182 - Disclosure - 30. EMPLOYEE BENEFITS (Details 6)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails6</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details 6)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>182</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R183.htm</HtmlFileName>
      <LongName>00000183 - Disclosure - 30. EMPLOYEE BENEFITS (Details 7)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails7</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details 7)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>183</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R184.htm</HtmlFileName>
      <LongName>00000184 - Disclosure - 30. EMPLOYEE BENEFITS (Details 8)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails8</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details 8)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>184</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R185.htm</HtmlFileName>
      <LongName>00000185 - Disclosure - 30. EMPLOYEE BENEFITS (Details 9)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails9</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details 9)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>185</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R186.htm</HtmlFileName>
      <LongName>00000186 - Disclosure - 30. EMPLOYEE BENEFITS (Details 10)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails10</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details 10)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>186</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R187.htm</HtmlFileName>
      <LongName>00000187 - Disclosure - 30. EMPLOYEE BENEFITS (Details 11)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails11</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details 11)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>187</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R188.htm</HtmlFileName>
      <LongName>00000188 - Disclosure - 30. EMPLOYEE BENEFITS (Details 12)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails12</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details 12)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>188</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R189.htm</HtmlFileName>
      <LongName>00000189 - Disclosure - 30. EMPLOYEE BENEFITS (Details 13)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails13</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details 13)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>189</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R190.htm</HtmlFileName>
      <LongName>00000190 - Disclosure - 30. EMPLOYEE BENEFITS (Details 14)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails14</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details 14)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>190</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R191.htm</HtmlFileName>
      <LongName>00000191 - Disclosure - 30. EMPLOYEE BENEFITS (Details 15)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails15</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details 15)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>191</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R192.htm</HtmlFileName>
      <LongName>00000192 - Disclosure - 30. EMPLOYEE BENEFITS (Details 16)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails16</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details 16)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>192</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R193.htm</HtmlFileName>
      <LongName>00000193 - Disclosure - 30. EMPLOYEE BENEFITS (Details 17)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails17</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details 17)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>193</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R194.htm</HtmlFileName>
      <LongName>00000194 - Disclosure - 30. EMPLOYEE BENEFITS (Details 18)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetails18</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details 18)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>194</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R195.htm</HtmlFileName>
      <LongName>00000195 - Disclosure - 30. EMPLOYEE BENEFITS (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/EmployeeBenefitsDetailsNarrative</Role>
      <ShortName>30. EMPLOYEE BENEFITS (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/EmployeeBenefitsTables</ParentRole>
      <Position>195</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R196.htm</HtmlFileName>
      <LongName>00000196 - Disclosure - 31. COMMITMENTS (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/CommitmentsDetails</Role>
      <ShortName>31. COMMITMENTS (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/CommitmentsTables</ParentRole>
      <Position>196</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R197.htm</HtmlFileName>
      <LongName>00000197 - Disclosure - 31. COMMITMENTS (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/CommitmentsDetailsNarrative</Role>
      <ShortName>31. COMMITMENTS (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/CommitmentsTables</ParentRole>
      <Position>197</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R198.htm</HtmlFileName>
      <LongName>00000198 - Disclosure - 32. INSURANCE (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/InsuranceDetailsNarrative</Role>
      <ShortName>32. INSURANCE (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/Insurance</ParentRole>
      <Position>198</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R199.htm</HtmlFileName>
      <LongName>00000199 - Disclosure - 33. ADDITIONAL INFORMATION TO CASH FLOWS (Details)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/AdditionalInformationToCashFlowsDetails</Role>
      <ShortName>33. ADDITIONAL INFORMATION TO CASH FLOWS (Details)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/AdditionalInformationToCashFlowsTables</ParentRole>
      <Position>199</Position>
    </Report>
    <Report instance="sid-20201231.xml">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R200.htm</HtmlFileName>
      <LongName>00000200 - Disclosure - 34. SUBSEQUENT EVENTS (Details Narrative)</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://csn.com.br/role/SubsequentEventsDetailsNarrative</Role>
      <ShortName>34. SUBSEQUENT EVENTS (Details Narrative)</ShortName>
      <MenuCategory>Details</MenuCategory>
      <ParentRole>http://csn.com.br/role/SubsequentEvents</ParentRole>
      <Position>200</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File>sid-20201231.xml</File>
    <File>sid-20201231.xsd</File>
    <File>sid-20201231_cal.xml</File>
    <File>sid-20201231_def.xml</File>
    <File>sid-20201231_lab.xml</File>
    <File>sid-20201231_pre.xml</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy>http://xbrl.sec.gov/currency/2020-01-31</BaseTaxonomy>
    <BaseTaxonomy>http://xbrl.sec.gov/dei/2020-01-31</BaseTaxonomy>
    <BaseTaxonomy>http://xbrl.sec.gov/country/2020-01-31</BaseTaxonomy>
    <BaseTaxonomy>http://xbrl.ifrs.org/taxonomy/2020-03-16/ifrs-full</BaseTaxonomy>
    <BaseTaxonomy>http://fasb.org/srt/2020-01-31</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>true</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>225
<FILENAME>0001292814-21-001501-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001292814-21-001501-xbrl.zip
M4$L#!!0    ( /6MC%*NSDW;8; % $1[=  0    <VED+3(P,C Q,C,Q+GAM
M;.R]6W/B2K:V>[\C]G^H/2/V975Q,*?ZNOL+C.V:]+*-MW%5K_7=S$BC-&1/
M64FG)%>Y?_U.B9,0 B0,* ]OQUK=+H-!.<;SCC'R_-?__>O5_?1&A<^X][??
MJG^I_/:)>B/N,&_\M]^^#S]WA[U^_[=/__OO__?_]4G^YZ__S^?/GVX8=9VO
MGZ[XZ'/?>^'_Z],]>:5?/WVC'A4DX.)_??I!W##Z#;]A+A6?>OQUZM* RA=F
MW_3U4^,O+?+I\^<<'_N#>@X7WQ_[RX^=!,'TZY<O/W_^_(O'W\A/+O[T_S+B
MK_D^;\A#,:++#_.9\__6KFJ56J5:JU?_\NM%/OX5">0K\G=5^5+E0OY7M?Y4
MJ7R]J'^MUO]/SJ\)2!#ZRZ^I_&I7:A>52JT^^_.__GH6+OL:_?<GZ0+/__K+
M9W_[+=&TG_6_<#'^4JM4JE_^^^YV.)K05_*9>7Y O!'];?%7+O/^S/J[:J?3
M^1*_NGCKQCNC+U]\1_U+]/(S\5>?'#W@CO=O/(E\U0F6?Y!\<^/+[,6UM[+,
MMS9G;V6+MSHT]3Z?COXRYF]?Y M?(J]]KE0_UZN+MS.?7]2JK5V//7O'X@_"
M0&Q]<^>+?'7YR2_"__P2NN[ZXT2_CM\?D%_<XZ_O\X>J?ZXVORS_9O$A(QYZ
M@7C/;M'\Q8Q6C4(AI"JW_=W\U8P_],7*(2_$?XZ?5/XRZZW,6;YUY'N1GO[R
M++XLA/'; OD(DZ]^#.,C??D4$_9U(NC+WWZ3'_%Y)23?^6W^:O ^I=&K41#X
M[=.7Q2?-%##B7D!_!9^BK^_Z@Y?XR:HU^61_+,WWQQWS9$!Z$'Q*1?!^1U^?
MJ5@\T?*3J!>PX'WYV^7OF1.]\L)D((J?FZXY?&'%7O^_?OM[18JM<M%I-CI_
M_9+^X\T/]NGX5;Z:>&'^DB,?YM?492,6S)[UD\/D.V<Q=MFJKSV7^#Z5;5XT
M[,$E7M#UG.M_AVP:?73W%_-_^_OJ+[+L\-<OF5^9?-POV<^[^'W*<//6R:]@
MW,DP9ZS[X.\K1RUM-7\E_?EKG[3XY=SOVV&X$?QU@6FE&O#5]Y7F^<,,)HTB
M@BBE_'W5G*5+EJ]M_)E,>ZL_6K/SXI53V_F/4>@'_/6/'HVPL4UU,II]3;;\
MW#K3'IOK-]E@O_L24/%(IUP$4>B*O\L4E.ZY1YQ_R=;*EFUO[0JG?18!8CO*
M <VB_KG29*IFFA>1?WP?ZBHO69Y^[<U+VIETYFWZ^GUH:JV3=N(L@%X*\A_F
M,N(]4L)\O8/FIE>C@)C50K-]7.W QV7Z>&'_,^EX9HP_KK\_FN/41:N^RE:9
M+=8\ 7GCM9YLD2#N)?'^A)R+?%^BBR9KR#$7+.JE/5)7_LMYD-6H_'?&<VS8
MVVPF\R00, DFSY/P5J, ]=4H@/Q9N^Y:NBM</Z K'+?['%WA92_O4MNR8B6L
M;Y2/!9E.V(BX74&)O][IN[2LQN@^"TZ,&2';XMPH6"8;:K:+5RD;LM4_Y667
M89"ML2[6K)(Y?^FW;0*H[[U1/S!R[O"&><0;,:D.^>\@(8]TFS&EDP&-!',)
M33J0?O?9JS2N/YP0034?$"T"3E:[RX1GX:-"\*0CSKGAN>2>,3EX/S*KU@*4
M@J @-0&:PO4,4I,:J4G9NF87/$A- &5G:M*LFZEX-,\>I7F:,+&8MIE/E:T6
MF?=F0U>#ERO^*D%UJ3%RS3%UM6F98T^@;1E32CQFMOWM&&3*1>@-%Y2-O9FA
MF$$EB!Z 9IO?=CZ!GPU^7[.+38[/:+C9GD]W7% S*9R2E*N9RE@R@9I)74!5
MJYG4X+-::56K[4:GTP*(-A" ZDF%ZJF,Y=F[JZ=X);,Y4U!*I*0'X@=7(9V=
MO[)1+R4M;G8=GX/$^2OW/+B5SA)/$^(-/'HG/VJ".NG44$9?O,/RUL.Y"I-+
M$SW]Y#,3=3TG:;JGB:# ]MRQM+A;P'0&TV"W5';M8K38X![*4SO+4S4&25">
MHCQ5%TZ4ITIBJV=YJC#38!?EZ?E&3]M:KH5,U/#M\_<S;YC'_ EUOG'NF"/2
MQ1+C],KBC-::W65+N_N?7/S9]QX$'POJF^_OK.;:Y?!'\O,NR@>,N.:[>[.Q
M=CE[."6"1H6'^:Y.-]4N1W>=M^CV!/^)#\.I;"\5YGM\:YO-=GVZYX6"S>A.
M3-K=*-@L<S@*-HN<C8+-$D>C8%.B8"M%XX&,</%%;EW'H<X3^66\Y[<UV2['
M+P_TO:$.%<3M\6@7PW,82#.:K_X<K;<+AT$PH4)*P:!=1-M\GVZJV8[>&(5#
MP"\_X)<Q*H> KVS +P,'!'Q+'/V/T&'1.597=,I]9D%?/KO!=CF])Z@CF_Y/
M%DR>)O3AV\V]\6[?UF2['/\@Z)0PY_K75)K.@MB>V5ZK71X)8$C)370XP<2<
M'0XY <AJO5TX=$=!2,3BX,K$*E#S+I??&-/=TW2[0+B2G_5& O9&EV>9]N77
MBC!JF?F9(4_S[0)B2$>A8-&Z[]^IZ]QP\22(P[RQ\2CL;KA=$-QRXL59<GU_
M@/$,[&RW70C$XR&/=$1E?'QVJ1\=W&P9#7E-8#<8UF%@H]/ON$<#(MZ[SK_"
MV1T:<R$\\:<)O79I(/BSD ;L\==IZ/I<O$>QU'@V/F07NQ"Z8F^1BQQ_)27C
M\=C:9LM<3Y]9,'BY?IVZ_)U:D#*R&VR7T^.T:;RG$ZTTV[WIM4"8,;1@75#:
MZ9@XLMWEF#A29^*HE%T F#A2;^*HE#T!F"=0:YZ@# @P3Z#4<'!I>P(P3Z#V
M/($*8%B'@8U.QSR!4?,$92"$>0(EY@E*<3WF">QS>B)C7K[W/8>^>LR"T81=
MS;8+ $P4&>+>J-\3?T>E*O\OX"@/C2P/)3(BN))/]_>5LY??L'QMX\]D>;/Z
MHS4*%Z\<D\)J>T6AIJ<J)^V\:$XA.Z</8SZ)G3L).R]6 "3/4?<<X]3[(+@T
M6?#^X,K8V?6<ZW^';!I]].8QYHO6EZG1A8N*L=,Y)3OKIYV#E])Y*>D$=SA>
M(<>?=!%1KFQQ&3(WFDHSK^.?FX24"9 W\N4-D%,V.:5G$""@$ +EYY([,IHP
MCPKS1A)SXY R 7))OEP"<LHFI_1< @040J#\7'+#?@6AH-$%BC<L".PN,K8:
M _DE7WX!32K25'K. 1:*8U%^'NKQ^&RB470>K<$WZN2F9)<]D(WR92,PI2Y3
MI><DP*$%'.5GIL=H/R1_"7TZ6]IB'"+)%3NKE[.;C=23+[H FA*A42I\Q(LC
MMT9AX[C(G6_RV 71)E^A"\;T8:STPA>P: E+^9ELM9(K\<MO@OM^CPCQSKQQ
M]Y6'-B-49*U;P6=9LW!W- I?PW@5_16="CIB).JVR1=%P/S9SY[3?YT2)N+G
M])P,/Z6??JLKD8:++O2$0" 06])":F46T#_2 C;P;UR"@%0@%9M316KA%?@_
MTOHT\&]<JH!4(!6;4\7655)0PM&7E4$3QJ4/R ?R44 ^2J6472N<((M3K J#
M,HQ++! 11*2,B)1*+]EKWRS3Q'&7!0)]X_('5 *56)H@\BPPLTP(9UZ<!Z48
MET\@*HA*65$IE7Y,1M\FJ'2-U.#/#/Z4"FK;5]1M\X+G)!UA#($V+K(KXF)$
MZ8\N486@(*@2!:54VMF^.@\J,7[!GLHJT37M0% 0E)*"4BKMY%G5![U8M-!/
M9>7HFHH@,HA,&Y$IE9[VKNVP5#:F+_=062"Z9B%H"5I234M*)9N""S\LE8OU
M:T%4UI.NN0G2@_0TEYY2J<PR@5B.GJY1'Y3:1.EY V2ML@J0\F?<H*[&#>K)
M4+5P4:%0M?#E*4,5>%&&EU702#N^A*"!2[/+OC1;U_ !<LHF1ZE @AN3R[XQ
M6==  G+*)D>I0()K<%6\!E?7X *:5*1)J8"#.T[5O>-4U[ #IM1E2JG@@RM0
M%;DW5Z?H FB4N#=7@?"!:RKUN:92UV@#QO1A3*G@A)L><=,C(FNN&7@(! *Q
M)2W@?D=;3LI1AG]=$P2D JG8G"IPOZ,MI]LHP[^NJ0)2@51L3A6XR]'FTV>4
MT82NZ0/R@7P4D(]2*06W..(61V64H6MB@8@@(F5$I%1ZP26/%IQ4I@SZNN8/
MJ 0JL31!X-;&LA?G02G&Y1.("J)25E1*I1^3T;<)*ETC-?@S@S^E@AIN;K1X
MD9W*1TGJ&J4A* A*24$IE79P<Z/%"_945HFN:0>"@J"4%)12:0>W-&*AGS;*
MT3450600F38B4RH]X?I&.Y=[J"P07;,0M 0MJ:8EI9(-[F/$6A#-]:1K;H+T
M(#W-I:=4*K-,():CIVO4!Z4V47K> +GGKNC,@S6-/S5=A5,U=3C!7=>[I4$U
MJ%;E+NH] 7C[JD#P>J[U?SI JVLH!M_@6[N@O'W-'* ]U^HX':#5-2B#;_"M
M75 N.#<"DDN=!=$!;UW#-Y0 )1@<Z N,WEFR"=[\$3[UII"4.15 URP%&4/&
MD+&:*;;HJ"P$:M+(+51J7+*%H"%H"%KUM%MTW!TJ-6EL'BHU+NU"T! T!*UZ
MVCW*? FD:_R<"O1L7(*&]"%]2-^<5'[8I))E&^PPSX0=AVM :9J\(7:('6+7
M.5U_8%H*,L9,E>U:UC5Q0_:0/61_L.R52N$?F.*"EC'K9;N6=4WAD#UD#]D?
M+'NE4OBQ)\$@<,R+0?4&)7L$" 0(! CCRH(]AR/CE$2SYLE.E\MT.DP95(-J
M50Y?WA. <3:BJ?,=",7@&WQK&91Q-J*I(]@(RN ;?&L9E''B(48:$;ZA!"C!
M\$"/0P/M&^%3;PI)F;V7NF8IR!@RAHS53+$X*M#FD5NHU+AD"T%#T!"TZFD7
M1P7:/#8/E1J7=B%H"!J"5CWMX@! S*E SU8F:$@?TH?TS4GE. X0\TQ*RE7E
M'8>Z)F^('6*'V'5.US@$$#-5T/+!6M8U<4/VD#UD?[#LE4KA. 00LU[0\L%:
MUC6%0_:0/61_L.R52N$XV@_S8E ]DOW99LD1(! @$"!*+POV' G^C7/G)W-=
MXW38]Z0IQ^S9G;,<R^UI0KQ%BS?66JQ9HLRLH=.)T>!'#7Z4NF>@%_H!?Z5"
MT#@"ITT)5G(9""$H7P@";3K2IE3 >J*CB<==/GY_)CX0VD0HEX$0L/(%+-"F
M(VU*!:Q+03SGGKQ2T/(U;0N$H9R7\X(A91A2*KC<LA'U1L#"_;IN"026?($%
M_*C!CU)!);852MW,62 U"EQ=PPW(4ITLI0+1^CB]9=NZ3SZK4?"Y;-I#K6M\
MA6 @&*2-K2JP=)V3A<)0>5&1<<D%LH*LRI>5RBEH%$_K_]%U_B5_B-IZPT7"
MEH]TQ-^H(!*E'\0-*:2BJU1\YGPMYF5DGX.R#Q0%12FB**423ZX%9!@8.,LJ
M/%4DI.!X@:Y9"/*"O#20E]8I"<,)ELM(Y5$&6Q(71 @1*BM"I=);KA7P* G/
MLHU /1DI4Q+JFK@@+\A+ WEIG9)0[%DN(Y6+/5L2%T0($2HK0J726WH'(*J_
M8^^85$\<RA1ZNJ8CB :B0>]H<\\K='#<?;%0@7&I X*!8) VMJH '7=;A*%R
M#]VXY )905;ERTJI%+3CG A492<\8D,]R2A3HNF:=B E2$DQ*2F0:FS=56?Q
M[C6] C@ M0[0<X7%K;=MX=Z40_<0GPH$!>YHQ$T6.MYDH>N%?Z!-1]J4"EBX
MR4+'FRQT#5B@34?:E I8N//B(XO1$(; D%H,*15<<._%H=/'""S@1QU^E HJ
MN-U"]=LM= TW($MULI0*1+@&PH:3415<PJ!K?(5@(!BD#1QNJLY,%#1C7)*!
MO" O#>2E5$K"Z6_JS#5",\:E),@+\M) 7DJE)!RD@X-TD&@*)AJ(!J)!^L!A
M.O8=;J","G1-'1 ,!(.T@?,*<%Z!8OK0-:% 2I"28E)2*M5L70R#$]EL61^C
M\HELNJ8=R JR4EA62J4@W%:*U3/&*$O7A 410H3&B%"I](:KX; 2QQAEZ9K>
M($*(T!@1*I7><*6#]9.X*FM%UX0%64%6"LM*J124&FRW]=APZ\;:U3_.7-?L
M T5!46HJ2H'$8ZL:+*9.KS@.0*T#]%QA<>L5:]D5PP,9_4G&TIKKOQX&E.*&
ME1-7"7W/86_,"8D[?QS1(_YD3#T):R!=\MUC@;_B.^6J8S_-<&;EQ!<F("A/
M+4K<,@2U0"U:J$6IW'++O;&TB@NQJ"Z6=4]9HA6E,@NT JTHK!6E\LH=\S9*
M,/F[U2^A%46TDO34Z96RQ@#R"K0"K:BN%:7R2LQ+(MVB"E-7+6E?65*'*95;
MH!?H17&]E)1?-L[70R^__$/VT,]7-K] +]"+EGHY:WZQ:!(2DWVJ!6O !_C*
MCGP6E -(NFK&/: ']$J*>A9,X6"J1,VH!_2 7DE1SXK)!0SBJQKY@!_P4V0;
M8VI\P1+L_LF"R9"-/?D,(VGMV6:OP<MB,'RP<>YY] ?RD^F+S- !_>Y3^5VW
M[(U^9*3FN$@IOD=Q/XG)X@<8'HQAL1H2#.Y,S.#P8 Z+YW.PN,;BC4L"H'@,
M%%.6!(D%2;SE8^8'; 00/PCBNB'!8=%!PL2!KGPZ>'F4]C?F^ I-"L9BC8H]
MM'%H;,IWIG:^"P%]R0/Y*IC6E.D,]]F%]<:0)F*U$ITJQ.O3@8V8K3W;UL?M
M5-\885N) 0A$[9-AC:"M.]G6Q^SU822$;!6&ZA"Q3P4U K;F7%L4KV=S*=&2
MLNKG6CN:2YG_W%E@WONOI\=+07SF#JEX8R/NWP8.,07K!*U]3W(7'YCL][UA
M^"SA8T2P)(N[;%'FY,C"?X4F1Q:./N4D7;6ZFJ23/\<@EP;-$>Q</6 2:M'N
MD]HY0\ ZVUD]GK.79?^0 2(Z25WF-2ID]%A?'?L@Z)2\1UI?__T-%U3&G5XH
M!/5&[Z;$TJ?W:;1S_Y'Y?R9B9K:)CIW'+[D0_*>L0_S+]^@0@,0JQY03CO/-
MT2='[1V\W(3>*#J<G[@+?R8ZFUF.+J^4*&/E.!0"A>BCD#*V]MRP7_%%M!GR
MN.2>XS]0,:6!['C%_XINT^OU+%9+AKG.)Y4]#K%8.67D%B@'RM%?.8KEG!LR
M8JYL2 ZAR!=G__SC^OLC5',"U:P[0P.1Y'H $7Q=_\(%1U\E1TAA$"*$:+40
M2\F()E6"6M9!I83?+!-4JXUZ_:+6J%7@?\-5OWMT\O+^ZGIXT[_OWEU?T6?9
MKE"^Y[YW+3LNO=[E^GMO^6AE8[VCA^KCE7G<<LX,G>%ZNZ(H5 05F:4BQ<9D
MXM^.^.N4>._6"J;4_M^F!ZS5QCDRS.91Q\9@#H_GJBG@<=/S7\+C\\'+[\,K
M;7V\?2A-MLH21ZZ6P-^28'9;R\"C_T.)D$7E/0^6OWWZR:/?^GKK>E4WW!%9
M/<M'3B\D+V0&>R%9V"%MGHF@U"Y.<EK"8E26EDB9Z(:'PC)6<IK"7EB6AD@;
MB+U9%E=R6L(25!9=C TKI*PS9+\,QB3N=!0S@:5\+(R0M@U]HYXM@.2T@5V$
M=%^D&<R/$AG-M,O/Z^M6S75T5CM-]72.FP92^V+T]_@Q]P =U^N*'_6Z'Y:L
M]>V]GLR6ZRL'368HIPF 5E&T<LS4&\W5458J6 75UK&1*_EQ;R2(CE@Q!9SE
ME?$WS"/>B"U.J$D/AFPTW=3*)C6%#N>KY?Q29M,I\4UV^BTCSU&)L79:3[+1
MEF@=[B[;W66H^TD0ASZ0]V@YJ7\ER$]*H[5SEOE_IQ7LTC^ 4!B(TB.$S1B4
M[?S2HP&<;Y?R5\,JT4#<S%;F7%J:DX)=1K K%@ '97$H(SI$9SA'PZCR?Z[_
M';(WXA)S9KMVCPW%Y_EN;[Y=80$<J,=!&?%@..$B>*+B=748MCT4;&V\7;$
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M=B990]>VZAK"5EG86Y6[:Z#70!&KT^T[RU@Q='1HO^_#\R#F:<>RF0Z5M*-
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M8?X3P5R%:@6('QGQW0,J:2-S6VKRTDN6V4-LL3XH/^:@BK60EUVO@/$S#:R
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M!XU"HVLH0*5JJ?2:C2<!5 J5KJ$ E:JETGN&"5*(=)T$:%0MC3ZAVH5$UT"
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M$S?1[&P[)C-S7 D >A2AI]Q[ 8"!<AB4?541D% $">W782VLF3G@9B%5>^V
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M,_-(-")K!25;VXW".D=A#6I*IJ;<$AGN5\;]91>[0$&A_*%-V0IJE D@IRU
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MYGH[,<&9T6Y+Y WGJ^7\,K+W9?C^3$9_/@@^%N2U<Q]&;:V93D 4['>UW-0
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MH?3RG:V'<B;ZS)U6K=YJ5IO:;F_587! 2THP.&#+X(!)>&)PP.#! 2U!Q>
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M/C+_3_^2!C\I]:XC&S#J?_<<*GK\]95[/?DP@AM#6H;9TF=]E6)9L_G-N#L
M_(+?H_";'C,Y*;_S//S _> ZMF+4E-\I<8/)2%IL;G-C.A9;:8L2<3XCF U&
MND #&!J <9:,MWG@.3+><5&S-^.U3\EOKN.!P3)8_@#+B@^^Y+K\#!* !(XD
M ;WFBB$!2,"&B<5Y(=\"]L#^1(5\R\Y"OEJ]Z-3:C6JMJC_5/6F1,1>RM8.7
M1^K*?SD/,G0Q:B?<J.P/U42]?=&J-IK0A-&:0*E?6!,7K98!B_N@B>V:4*_V
MW[^T/C)UC[_)3_?&3Q,F@O<;]D8?J!A)0PQ>GB:T*U\D8SHD+A'OZ\L/[XAK
MS ZCW5-!AUCI."L6XZ^/%#9B4[*^)6]I?62"@HL403VHMZA/< SJ;^@KN"^1
M^Z3]$>_/&>]!/LC7-N:O^6L83J=N?-AK? 5PY&U+2YM\9K&CEM$RHH-K<(UX
M;5%IH@;9JM0B%L1LL&TIVUK&[3OVBSH)UXGWA*LM+49RV,2.2D3+: VB0?16
MHDV/T185'PHPK4KE87J<!M4V4JU@K,[>=?R#"$:>7=KW1OQ5<TPC #8!O7R/
M_KOK^S3P5RNI5LAD6>#<Z)1TI 884)*!LQQ+T=[/0+7>[M3:M::^!R0:0<-)
MMVQG9X6;*)/;&PXVFF]7/H#W5?%^&9D WE?&^R5$_D=*W&L_VAB@^8%#AWE_
MH_EV17YX7Q7OEQ'YX7UEO%]"Y)^=J+PRD8T(9-O KAP #M3CH(QL  X4Y*"L
MX_N.L:?C@?L^FPVK16?YR__MCH(P&FMSI77#UVFT]&K^)ZO=XQGO&;Q<,7_$
M0R]XU+]6T627R-QW&=Y8.[PUKX./\V0KVV5\T<;F^+PD8=ZPC*AP11$5C(X*
M.1R,J("H</1:X?K7E(X"ZL2^'+S,OFWQN0@3JH4)G8J'/&@A;FA:32!N:!4W
M="HO$#=4C1M'J#?NN B(*RV/;HB*<4*G^B(+)<0%3>L)Q 6EXX).]0/B@BIQ
MX?CC$P\S3M#14#50Z%1 Y&(+D4/3B@*10Z_(H5.)@<A1_FD\6#"AT_D^IM80
MF LM2_=8$F&:[G6J *![C?,])B_5#@0Z%0"8K50F,F!9@_&10:<2 9%!F<B
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M0!@'"Z-@=P':T+"; 'GDDT?.[@$TH&2W )0730)[NP.VK\E3N"^ 18&G[P@
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MF9FIT^JT:HU&IZH_-$_OTV@B?=4EG1^4\)Y>[+IJ/;)1ON/]TKPT*P8,8VC
MRWG[*3D"1;-NP/RT5HX_[8A$KFQQ&3+9=&_LVTM"R@3(&_GR1C8Y30.F5G0A
MI_0,DHU ^P((F)E+]FRV2Q<4K:H!BT(T*"@4[[7.,TA[/R]U]%3/G#?:I0>-
MS!S2ND !BO"Q)WQDD],T8-V8+N2<-Y#LFGOK$7]RX_*?TE#_HJ-H8'G@4;U'
MS./Y=$K\4-#HKP<OCW3$WZ@@SRZ-3QU)3+%L;SUZLQ\FZ>DGMYBD9>M!TL=)
MF@AJ<U1*M!\T?9"F&QX*:U%:-1X<%>3H@3"G[_7(E 7$U1N@Q&9K_CKEGOP$
M637/ME,G[W#::#"@R77I%T"Q9$0?'E? XV=9GMZ"Q]7Q^,(;)_5X&QY7R.-E
M#9.M1DWGEGBD/A5OFG=&]Q.0/(]GL]VH _,M]0 SY3%3^B(/.%\%YY]E>4<[
M,5.[.=\&$-3(' LW%9NC;9\A<[3 C$+,E-31@/,5<W[Y?8X[YH^HZQ*/\M"/
M3TZ:V\:<TS[W0K'/!NB+Y.N+@"7U6"J]CP(H5(9"@;X+ %$/$#WZ-&!)!Y:4
M*G<?:4"81YUK(KS5XEP;L,AN.4K;?%4,N"F7&Z4J%L"@3A!1MSK9''$%-ZH$
MD=..NN:J1+JC4?@:QE?)Q$5:9$1!)Y%UWVC?&_%7BX9E<QL#]4J^H3C0I0-=
MI0_. 1.],%&@^ 4R.B"C:XD,NG2@J_3E"\!$,TS*'_F=VRX(!'L.@V@CXQ,?
M_/2HD'9](((:='/S7F+RV@*]K7R]+;"E/ENE][4 B4Z0*-#3 C#J Z-K/PML
MJ<]6Z;TL0*(5).7WL>ZY%_V-X*[+O'%?_K6@?F#1/.=. Z WE:\W!8I4HJCT
M?A-P4!,'!7I(0$,E-'3M"X$BE2@JO=<#'!3%H?P#\;&]1+WM)8H?D9^+*RP,
M5FA!N:8,84F$#DLB3" -P\+J#PN;P!D*<94*<5V(JE;EURR(DC_7%\>KWCS=
MWEP_/@Y^]+M/C]W[X?W@\>IZ^-2_[]X.OC'Y0Z\[[.H-5W2HZBT=$_<Z?MZ!
MESBG/VH^%8*_,?(DB.=[7#B2)N:16SYF?G2Q^Z+Y):,5>[ P6I&K2T,K<#-M
MRU?&[?ID9L7D+5D\D'\]>'DDWECSXFPG>06LLQ^]8D$V-NW&U5R;=@?RYT'^
MB4_!^[EY3QL=L&>-!#>B[ZA7%H#?/0[-1739N!*'<^?V/NEP;OP=M4X<P%+^
M[0WO[_KWUX_=7G=@<MT7M9/)#BD9$:Y$@3?W2;$ D(+EI*>^+ #YKZ?'2T%\
MY@ZI>&,C[M\&#C$8E!WM-7R509Q>:NU5G5/K+"D8W#UT[W_O=R\?N\/^[77_
ML7MUW;^_D?]Z>OS>>_K^>#V\?OS1[UUKGBY6Y<*0C3WYT2-IYM4UMW[?&X;/
MDA-&!*-^ INB!BJ_^JBU#Z@^5A'K5,O@@)U)V*VOFTOR<^X+F*_OO_6O9Y']
M6A8"8T9,KG>VM[;,P*/@^MO]X,A>PNW@6]_XH=&HG2J-@6H)2V]P/QP\]OJ#
MJ^[W8?^^^WO_ZO'Z]OKI4<(C(_.W[F/WH?O#8(IZW/.Y&#%^1;[[S"._,T=0
MEP9"4G5%^V,BR)2\E510*XY7]C6GA2P*I$HM<,Y](>KU__>]?]?MZ9Z6#BU_
MHPGC5S(J*UN=MW^^\\[L[GWWZ;9[;T*-<B@,639 @LD11+J//ZZO^G?73]UH
M:<#58-:7M!6CKGBC#KNC 7%?J+CB\\% ZT/,%7V)EJA>4D_^$#RXQ#.%C\V6
M)7#8UFQ$ECSWM4MS]?B;_$1O_#1A(GB_86_T@8J1;/S@Y6E"N_)%,J9#XA+Q
M;@50!]G$WK #A#1%2,N M6:W83B=NC0R!8F6K5B3\O(9P=Z0!$B4A43QH)-C
MLH']HD["G.)]H_)<VQL0W,JG$T\3X@T\^C^4""O@RV&E_>05>YX[$H0B<W?"
M%A< _3RKB_CK*_>&$R(,VCSL$M^GLKEQL^97+2='L]---C63;ND3"OI"A9#Z
MM<GKF:TVU?&K?6V-U;XV^7-"]Y&U+NU$84?;R\P9"W<5RAD+OY95+L4["S96
M+>B/4+$AZVPKH #)=]+-+?&<C<KZF^"^WR-"O#-OW'WEH4';N1?AZ4%P:<K@
M/2J:@Z[G1+.IT^BCTS7NRD+'KJK7+9PXK^"*3@4=L;@[*5\4 ?-G/WM._W5*
MF(B?TW,R_)1^^JVN+'&IP$D/\=E*^F7(9'.7YXL ]VS<4V8"\SHS?T=&DVCC
MSSN8W\5\RDQ@7F?F;]BO()2="FFW&Q8$B/C[Z-]J,.A 9QU$"T<#$8XB0_8]
M2<-8^AA2V"F%73:#&G160WP$W%8.H(I=JLAC.ZA#9W68C#M 4F*099OE/2=I
M?&.HLW'<I8B+K5/&]J$8*,/XT1DHXX,#-M"(16,X4,OQ.K(0CIU]6VAHAX8L
M$P5P4^=ZU$M!/.>>O%+4./-0W?>D#\;LV:5=^8M@=I]0M*#\&^?.3^:Z&SWE
ME D1GFU<RK9Y5P2D!6DI+JUSG9>3*Q7%-*01@70.E,X.:T)%2% 0' 2GK>#.
M>\Q;UOSTG %0OVX)4[O2VQ>UQ3N?HJUCL5*RY6\S'[D,9!TV3W0T\;C+Q^_/
MQ <VF]CD,I!UV*2[PS834GQHP# 8;MF(>B.@X'Y=MX1U(.SH>-A,Q8?Z8X8A
MLEZE6[+0]FQ]&O4Z[U@ 7*B#!D&<I1,'G:BKDUP=+NCD++U6Z$1=G>R8U(<D
M#)W!!_W98PY@_[CC$B!?7?+SS95#!N9/C$,3>T>5L&3$EH$F35:)Z#'V!-E8
M/AP%-1UQA IJLGS0"FI*'OY>71W^CHTJ&.;23"_IL_$++[%/+Q0^TW'FD!:D
MI;BT2B_LM@XJ0R&VC#-#'SE+-6S9PLBTEBK2M8"#X" X+057>EF7FAU:7-?K
M_"N<7:!UPT7"?H]T%-VA3205/X@;4FA%U\FA^#[B0EZV1!JV*@"DG8FTC<M=
MR>A/,I9&,P6EON>P-^:$Q)W'4-$C_F1,/>GHZ(S1[QX+_'^R8)*XL7$&S.!E
M$4X'&_5'] ?RDZ,KKEE O_M4?M<M>TO>Z9BR9'D8G?6.X,003>I2;:G*Y%7;
M3S]Y]%M_/=7?QVHF;B\4@GJC=U,HW';Y>"$C'2>?Q_>-OD_IX.4F]$;KYE[1
MF^T(0)P'8IE5J PF8+ADAC/]8"_""T>D_3,1E(+BHF8"R.6!O'1%RD<W/!0@
MN;"=@')I*"\]D?:0[$N Y*)F LAG'2M8NF'(?F5Y9TC?J&<KQ1$C10T$?L_*
M;_=%^F'A&DL1S; !*#SOB"L54QJ$Q+WDGF,KAEE& (>Z#!58.VJKX%@!!FX_
M-EA@+\L*CA8 Y@\-%UC+LH+C!5:CG!XP6/HAW2'.[(S9@?':@$$^ X%?/0:\
M+ 18P1$O$+QSR,L>2$L>\P*'IL$&OQ?HS%S)CWN3IGA;;#ZL5NJ5=N.B66_I
MZO^,I?LWS"/>B!'WEI%GYK* +=:&KMZ\80E+6%@,;B],U/>D!>+UV-2OZAT)
M=I$P6SF<&'/>T7ZS25AN4@4)"I-PCGORTC$A$1(M\O]FJ^W2/[Q>MM?+T/HJ
MV#T(+C\X>+?(^5L;;Y?RP8!:#)PU#B1//9UUB1^9_^?ZJ-3UK]&$>&/Z2 (Z
M_$FF5]QUB;@.!5^\+]JJ)][_^#[4'YEH#$&:*++"1F=QTT3'&;-:?</OU(FV
M*_:ERT48M2.!ZCXW'&G\3 1?U\=-YM[]^GUH=EP\6!-=Z8S>57_F#TBB)$ED
M> &*./W(8>*UY"33?!^BN87$<<<4/S*=LOK]5@< TT/W$P/=\Z![Y W,-N*\
M92%L:KT5@#XST/G< J0SUUJ"W5+9M032U1&NG=41KO+G>F5W7W#SQ:A?WI.?
M+,@H0$_P3#W!S6?8=(-Y7<'TR:R= TYFC1E???TQ3V:=:4KJ=GDL\L;Z(^ZM
M(EQ6/+0HZ,=KD_+9HTS.%NXLQ%DZ=I^$,_E4M<^U&6>SGVO+H;HWV>!XO>$C
MG4;'%7KCA_BK3.%+@D/BXQ1ER^+&^EFM38R:[39(J8#-_5@,L+G#3P/8O((%
M5%I!E2@=4W2<HG2<?4>UN0H_U59.4A9OZPWO[UAT(.:(\&%WH\!\XE-9=T5C
MW0#L0,"*/5[B*-+5'+'?]X;ALWP:1L1:[L[RWK&?*/;^QBUP*2[*#][5Y@'!
MN]HZ=750E97N0I[51!6:4Y[7OZ(7'P2=DO?(;(O>Q6H#QZQ7(+MY5]#FB;4Y
M[X8N?9"<$-SIII/U N?_DMW J[(56$UTZ7(KL'KB&SJ@.JC.*-6MUY?5$P]-
M'B&!W?>N43F6K).E#Y C3@/Y%7V6[PN%.6.'BK.^.;29N4XK[1?PGW>L?#4"
M( T;"FECN@PL?=\/Z4(!VX<*#*N2KIA/QF-!Q_%6WNB"IK1=TGWDW993M)NN
M7TFDQT3!AT0&)9U>28"Z>.]ZZQE/Z\?&Z8_LKN.:BAZ1I^=:E7U[=K,*L5G3
MJY5&I=[L-.I-_3E8UIV9,^EYK&$J'SNNH\Z8:=([+L0S+XE4<?B<3?G=$@4O
M5]Z_A <HJ8B2@G7*"J768H1G]C-04AZE5N'!DKEK3USR5MJ?:^VU+IF!+'VP
M,V0#KVN550S%B2OO!7BFL08."N8R^1VM12X#$RHRD<YED<<*Y[(D2N>NL ?3
M^([LZ,S*&S(R=6'\XNR5!Y?$5\=?_SMDT^BC5RSM,$394"E;:V^#JNN\,H_Y
M@8C'2&RD*<L"P*@@1D/B1N:6Z<#.D+39?B!T6'KSQDOS;DQG7_) OM.PQ>\'
M9+X-&YUEXCK#^H#\^)";M[U#&\*5VD&A'M[9\XVS/F'P)(A#'\@[>7;-*0'F
M1T1Z3N;<XO:6FSJCN.7V".[9"\'.QIO-P<9LLK40J$C .<Z.31/PC3#O^Y1[
MM]Q?+'OG;M^3=O%\CPN'1HN7B=Y,S%:5O%#I<>>)_(K!6$"16(Q4Q!1F0Y).
M%X!$,TC*J"DBR_B1662_P=N^=,L"/G)8P6PTJFW$#ZWCQ\*!IYR#G7U'+3YV
M8_[S\MB-NQ^/J0V0]&=W+"A=#2_HRLFAAU0L37+L<94=.QXWC%[F\,J"ET+#
M*PNPRAH]_,%&H3<AW1'W%R>+Z INW&N2MAOS",S!RR"81/L47?DKYT&Z8HW6
MC'9C:*X@.S>$B1_$#:E1>7(5>/[!F1<L5P8D;W/;V7!P5'#+ #A2CB,%]PML
MF2J0!N5BQ/@5^>Y+T_W.'$%=&@A9MES1_I@(,B5O9+%'J=UH7U0[S;JN4,5[
MTNB8N-?Q\PX\FA@Q+&(*4_MW.38H%26F4[NHU=L@!N&H6'GTQ -I]7^'LLU]
M[Y'ZH1O($$9>7I@;UZ0]_CHEGDD++A/%]]8K\0I:!<74KN&KY*4&WN99'8]L
M/ GX2^C3F1>, 2WGZH_DG0/>48\1R'B6).B)12&9+C!UX&PKGI<AD\WUQINW
M<8#1Y6*X=1L!U#) O2.C2;2IY!V@;@4U92. 6@:H\>CF5I>!WJWTYC$<D"X#
M:>,9A?>W#>.E!D!O^9C)'T9DV#7FMOBMH\![VV[J6%WV@C^@H"0*IUW6MW_8
M%E@HA(7^8[.@24V:%!QSW4]3U'MX)2.#X-FV]$M6J'S$I&V3]S.D6@]\<A2\
MYB&S-=Z4S<<IR]G08S,O7S[>9A[;_$J)'PKZ=^;SBUJUM3I7:_72^M=$G[CE
M.X83(JB_]2OF-HO?=/!WR.=[V/(]#GN3_&S:-_K;^_ U<CS/&"(I8(/T,V9]
M:N)+KZC'7V4&V_.U^^V2_MZL#UZ\OF:%' :58.R%0K[G8(?)OSVYP[8^GXD.
M>Y!?LT=C4_GCP0Z[W_KA\9+F\-5;QL@#/OV.N6X4?I_D_^_\HN0;/P+?'_'2
MVA&;RD"Z^QN3;_S0-U[_&DVB'?6/,DGO_,;D&S_VC:'@>U5\_?WQ0U\B/;'U
M.\) ?'W*_^ESDB1(@Y?E\0?=42"E$"V#_C3/98_T95=Y^]NGZ#/C-]W_]LFA
M(YG&7?]OO_7O;W[[>^.O7_9\R^)AD@?\+TO)>!0^.E@]\;ON*+[OG#HW7$3K
MD<:S92)W-)AP9^V94S558OJ.>=&=-//1_7EIM6I&%(P3#?E<_^WOM49E]I^_
M?CG.@YZMV;O;56_4&YU*4Z>&+08%]C3LHEWKM"ZT:E@[3\,:S7JE6:V?H&'Q
M<5+4?1F&T7%2C$:=.EGYNBYU>F1*9 G^?HR0T(D?/<>7'?^YEHL[DQNP=CWK
M1>N 9^V^1G=>_6=^H<DM)UZT?7^^U,T;%WS6[1=NY8E;%[7*,G#E>+9-QA\7
M]RE*1"^Y$/QGM/8DGJN*>HA.UU_^\4<R1\:C-R\NVLU&.P7Z0<]SWF8=QW/M
MBTI&RE&L^5E#\;N;5:VV6HU*)QV_5&M7.]&N?&%9MK_3TIC6U<VI>>BL5FKM
MYD;=H%%S+[GG^%*-4QJ$Q(W_U>WUHE@X.]@U5U5X<=%HR_]H;(7[J^OA3?^^
M>W>]NA[QOG<M[=#K7>8Q0:=9K3;39=:1++#ZT\652WF;MRKUOX5$R*XD7:P4
MWS^UL_Z^6SXB[N+TZ<4@[/?IIX!_JG2^5#M?:I5&\Q/QG$]]SZ$OLF,1=2)W
MM>&\[;QYNKVA\N/?&,G</I:GG1=?*M4OT?V3*C6LQV0+9!$6BK%TVX,@3IX6
MJ>FDWO#^VJ.R(?F=4I4>:49.J<?P,57;E3I[/4_+:E]J,6X7*C7E.IH#F/ K
M^BA3!?=R>:KUI=J(&E)3J2&Q0QCW[V6>BPXR+QCP*NH%@N%]WW>E"/S_[O=3
MP8\+RL;>>FM2%V@N:P#%VO1(?1Z*T48\S]&D9=BNMB)O-15K6=_C;^0'3=[%
M7*1U,C:THV:U3].LCU\ ?OTK>G%53R^/),EL3O[X$._19/\.F9-^]"(C?A?5
M1B,Y(K#\Q+4AC-$H? WCG7:S0Z".TJ.O5COK@Q'I;SGD$>JK1Y _[WN$3K.6
MZPD2_B!N=-FL_T\63"Z)]Z?_ <M?7%PT6ZE:>>/S/_8(?\0#?>+]C\O'/2/:
M%XUJNW'JAYG?]? L.,DUZE%O=SJU=NTTC[5:+)C31A>U5CW=QSWZLQ0UT47C
MHE)/CY\<^:GV/$&GV6IVBC_!<"+CHHR>KXF1Z62GL$?\230P_4;<Z*6#A18-
M&LYB3?(!"W[[*1\_-X#*MJ2PE!KU:J>6'B=0JB%%==B4E54Z4"G4H#WNZ-2J
M[71H^_#31V^(AHZ.I.-.)QI@2S]E]I=\X&%R#EQ7VNU.(YTPC_\PN4:;:[4+
M&1G2<CKZP^1?#ST_!Z4FDW>E(@N+/;:L=](3&R?S:M%G;S;V/'NKVCP]DJU\
M<]S5:J.5CD$GI^#N<;AAO3TVJU6:%^VSX[I<4IKK&>N-ZKD?L!^0>-R/1J;,
M5?NU.QO5P,F54]S?LI-3ZYPM;A]LS6:CM3$1N?LIX^/85J<A+[+D_!3^HW22
MZZUVO3XO+'9_W5$?:FG$Y=]G6S#>ZL!Y\+DB/V0#SU:[UJB?\M%W[?WZ[K-H
M=:<_6^>Z[_&KFX]?JU8O9N,#I3Q_- FY[ZEKT5/_\ME7C[E_^RT0(?WMTY>3
M/$T1$*H;Y66UW3@M"+L8+@K"QN/+[K5,!IVRGC\?"-43@["G FW6Z]76$5R\
MNL;F.&.,M?K%;L^MOO C3_9Q(=<VNCN-5O4,3_YQ\NHJ&7U/%[*X35>U0-=U
M^<]H4&N^?/*&BYZ@#@OF%R.DCZ\[N*/[N59KUR_2ZTB*?OU)&I#/S)^CT>1.
MNL!7HP&Y.M2?:_56O9'N2AW:@/B&!"'?$]_+]$A'5!:2SR[-TTV=,+$XAWSC
M>)[>;+!M\'+%7]F(N317QZ9:;3?KJX(RZ\%._>"+>;WX^=FVG)P><*G4.Y7&
M^9][3^*KUF2-VSKV8VT,M1R=@TZU(CL\I3[W(1C4*LUZNUG"<U<K+:F<1J?3
MVO. G=9%8SZT79:^YBDLEZQ:=?G S1(>=WEI8W!+@MD6A8%'[^1'3?(%A'JM
M?5%"/%@[/W7^X$\_^>S!NYZ3;-#31- "3:K5VZVCHWU@BPH^>:U9:7;*C8+Y
MH8\B=J.,(/)AZ&LU&5^.GKP+V?G8T%=;G>K197Q@BPH^>:=9:55R/?JJB$R]
MX?!>0DVFP<T:-?WQ!SU SCY_Y:+5J:='R8_Z  OWK5W(DP^J2F-C)?Y1'BU-
M5O%'JU6KK?1H^+9'FVU(GM*1_(H/]7X.'4!I-:JK49U#G^1$K2G>__]\4:\?
ML3W)+0YO5/CR]3)\U*EO+  Z]'E.VK+B_JHW+EKI //1ID6.CP9\O("+]SAF
M=U^CO\\1AN0G,G]"G6^<._DR1+-3;5^L\G76]Q[AN?[)Q9]][T'PL:#^WA'N
M^N941_6BWFXWVZ=^SD?R\R[*M=(G^<QW(?-+K7/JQQI.B:!1 ,_U4)U*K5IO
MG/J9NLY;O'[NB0_#Z=1E$OE<"R8;[=K1W;AQA5MQ&=1:S5;SU,]55 8;$SW2
MK^WD&-.)GK.P#&KM3C,Q?W:BQRHH@UJ[VC@Y:@?*H-EIU _ [2':&!<=4>;+
M9)*QS+S0('XT8UC/,%#&EWS@87+6/=7Z12.+H!T/LWZ:1/3NZ"[,X)[*;R$N
M\Z,Z-;Z'[O"%N=7F17MCZ=>>;SO&X^5<%'E1:]4NTNMK/O)XA^\5:%=;FTL?
M$Y]<]&MS6J#6KK4:.QRT^;7WW)MM: F.T>[Z1:N^L:XQ\RL.?Y*<ZSTO+BXZ
M:19V/LF:SB0H ^]PI6P-)K//+?:5'PP9!WUEOEFW:J/5:ESD^<I%)V#PLGS3
M/P4+Z!7_Z45;#F[YSZ=0>%R^J^LY@V>?RT[UB,I4<I0>5ZW12(Q9'?XP)VO2
M 2LXZO*=1VQ2LL.V'-:('NZ)_*+)4XE&_)7*WQT^#M:XJ'<N-L^>R/.E1WS8
MO.=056KUC67C9W_8C=(OD/5HG+^ZCD,=^4<YIV1KG5KIEM]8M2+(?YC+B'=#
M'2J(&V^X9,]A?,+LOE[!15;GN-JJM#>'(4INYNR/HC_/UX>H=^KI_%6:2#[(
MG<R&[79ZYV3IC?D@=QN]T5JM7ME<D5QZ,XMQUZPV6\<*=_,9OA/GDVJSTKC8
M6+Q4Z+N/_^@YBU19KU]4-S8E?>S15T7NB0W?J;<O-N:SBG[[29X_9P55K79B
M;H[<@/@]<R?*3WLYTBK#>K/5KJ8QW_U=1WBVG&52I]+8R+AG>[:U,]"8$\T2
M>7[>56JMBUIZWK'L!X\*]B$E-]%JJ\G>]?N-S0JHTZQ7TE'E[(VZHD*J)V!O
M-+%NUP]$&&],S;=B:.-HLK.W8DA'T2D>C/J_4S<Z?S6:^67>.-=VKTJ]].>/
M/R 5R=:FP/-YHEU/Q\GS\Q0?\>XY_JHU.0_Y:Y3NA2OZS(+!R_7KU.7O-)_-
MZ_7*1>DBCC\@YXF2E=K9,T#F*9@%,T"]V:BE^R9E/WC1#+#1%VE=-"IG5^S&
M*,4'8F>CTCP[_)D]]@_'SF;M(ETDG[TE!\;.>KNRL2CK_,]^0.R4)=WY@WXF
M/GF>MM6IUX]BYE7?Y:C]CHK,1)D1<M?W'><1<_;DHG6-&_WH,S_BPNW_"!T6
M_<$5G7*?Y:MTZ[5V?6/A5$G//UN4%:>@IPE]^'9SOR__-#.VDC=;&[<WE-2>
M0VJ"6K.V<4=#28_?'04A$8N_2*2?7$=<5R56BOCAX_U!F4<5<4I\\T*DD.+E
M0/NB6<\NS<[?C.,4.!?1RO;,$J?\%N5*OY5&>J*EI*>_X][_S]Z[-C>.(^G"
M?T71>XGW1+2KB3LX>[8C?.WV;)7ML%T].^^7"99$VYR120\IN<KSZP] 219-
M4")( B E>V-BVV5+Y).)1-Z0R QG0?IR./G[?'&_>;D:MXE0Q:?3<)8FW](@
MRXZ3QZ?Y-$O2%RF)=?J9J?I99FZ5CCY]KIE>>:D(U7JR\F7GKIV5)P#TY$B9
MB)0!H4H_S9[@=[6*7.G#U!,A'2R)3ZFG%'OU1(:A4)EB#PZ4(JVP$U=G[-RC
MMV9)E$P3%RH9]63]U;M=K\MU]")G13S&&T?!K(GBJGDD@"U2W@,@JHEYA.WE
M+[\1&43Q92RX*.O$7B[OEJ%@PRXT1F6O?%W"\[S"#<YJO&^K]%8B<9:D2Y&0
M(\]ED4?[D@/,*%C?$MKVCLI^.==A-I\:ZC='98\<M47.XA7%MZ^7(\MA+L^O
M#^/)C9SV_J;\Y4JX!D;@$1$<%*[(-\5@&'^;>6>4X4(+HKX):#S8# D!*;0C
M[(9?;*[\ZH' <CC^YSS*%O]>MV-:S625#LUQ\!3-9*U].#D7=*3B(V9N3XH0
M@!8(Z@K*.HFMINP![N\4C8T%DP$*@"42S\5[I8&;)$_R(=?R$.WR[FMFIO):
M.*D^+UYRW/"RMV9H.<\Y-X>O'P%FFN9YON^C@CFJ?E=+/"UN;0,"2.&NF0Z@
ME0#<)E=/H5SB9#Z3OXOO92]7,Z;20X7^,]M?V E:BV)^QF'AGKM-;(TW*O"8
M#UM 6^W1Q;3:\_AF_DW\.@KDG9OE%XTM+? P+W0PU'QU-2.K-<[R*Z=W=^'8
MC!VC@/BL@J\:[R\"OPAGJ^\*\VV*H3Z& *[1*2]IBJ#%EO (A 0:A-!8\H7C
MARBI1[".ME8K=C4-XIEPJF0/ZB>YE.U##5\82EE9_C:LV_BB;I@TW1,IMSXN
MIX]M8=+34MS#E"OU@I8QO6E*M*GW:KDT@7&E-L'R<K:!":FOW*5UQ\VC>32=
MY%/4=+!2QJE20>&.IXW (D]N9U=@5<Y^"<8/<H:D7J(<4,Z@4IG@CK7-T$+J
M(:ID]MWQ]BSZD4]%E'.HH]E,7R2(4E[KCL4M0<MFCN5DHSM.'R=YZ<!XX=]M
M;R&BE-I K!QCN6-W%^2R2UHYU>X.>1ZY)7?S+%QDCNORZG[5A F(E!2U.ZG)
MD^$;GU%##ZB8F,&]56NA/A:D*SG*68[O0:5I11^N27$0K6P!<QRDZ8N<-I^W
M@AF<^U+K$72G!T/BJ:W5>K/#!A8((P:)4ILV +/7G3:AIB'L3_BV69CNQ W3
M"K6AJVBIU!$X"'C.(MQVJKT3S4+]*Q-,$*>@1YK;"B0"1*!VG"'14O:%^=0G
MX5,J8.<)2?$*05XZB[+\GSI$'@# .53:A@[! !@EDE$YIG/01L$DO1BH9?(#
M4J5=2"UJ5T73'!!.E>Y<@]6N1M@@%*XR>.D ^H23_A)7)D59Q'7B?X[6]+7D
MJ$5BDP@=XRC(J8#9-+')B'(/TAW8AMDW3!A2JN;<H6V;R*+0+Q=ENP/=(1U$
MN8>@(T>\ GGS=)"B_PB@E#I2?Q44=,V?X(H&:\CK;T6,)E &I28-)% 8@1CT
MMS;F$RCRBB)4KL,,0-T:2*!P.95KD#K90+PZ2+W=-8&BZ$**,.M1@;A(H!"U
M8 0SI?&2.YI;"R1 BUK,P2E[@P$*]!CF2AN#(1@ HU$8(X0K_4:&911,TDLH
M9?VMJ;,$BJ)I9#Y0_&]7U*NI# I5^(" N]QO!1],RC+%H*)-KNULT*KKA_!Y
MDG0<)2?!URR*@]^C21K*JUK1.#@)S^^#-'@*G@.]LU>,79U4;JO#,^!CNZS5
MJRV",V#I&0'8V<ED;>V9B6-^+(O_7)U&-JCX,A $48*4:8W#J+ R<8KLL@JK
M7250U_" J;=795*E-YK;+I4'J4^5EC5#4(,FK:_'(//[VVYNP@./(9^ _JAT
M'1X@S+W^J.W)2>9J[,L(=58[H/+!Y(I"\7_,E>$H=S9HY"0#CXM0'/@4U;6A
MAUV<_J]9*/[[.;H+ORPN64X.LZLPC9+)Y=UM]!CJT;OYEM:VL\NUU(EO_?3K
M%>)_+5+1&EJO5)8//7^]@F /R-I\.OKK%8![0*#6:9Z@%>\"K97]531W(I [
M<1^HK-B)WAZ0M?L[L89 W9VX#XM9VHD^\QD4SA:3PLIV@;YF-G]!'\/,@EE\
M<W,_G!PE:9I\EZ^^2.*;)^$SW45C\9"_A^-9=BV<R>87W:\$JJ+[=7YQ]M.O
MWB>/4%AJ'*#Q>H.P:V[';X)-"6\/>[UPY_$LB.^C;]/E*898&SDI_'LTG;:^
MMLX0H$P9RK7E35UAZ=U<9Q !I@PJL@E+KQ<.) )7^>#8 ;>Z9X?$(C/"RDDM
MM] -QI?4HYB6HS&+U)@[Q>>0(K41HUOH!A>"(X:]?L5J]6F]&@J/ J(._':)
M]SA/4H1INNBV6'Z>WJT\"I2IHVZIN W'#W$R3>Y?O@59.RH(XDHANELBCM(@
MGEP$CYJ-E>5ELW)ZSBW@SU$^#+JNB%=\3;D#+2R7MS@?Z ]^'G&T$16Q9WMP
M4C8J&0.G-1Q30OL5IHTT&4WM T^I_.F5S%5G\M<.FV=)6B!XV:56=HG-!RAK
M'MCX2&D-,D"KTEUNB2RTZ'<]FU)J4)H1\J%R,CQ NVOB;CP RNWQ85-J]H(K
M5":$]^N:&%C2H;DOW0HWH-H,  'N,]ZO2[F11#/'QK#BDJZ\<MXOT5O\.A-R
MVXOOMP]^0E7:8LC1<M4E'P/1,N.>4NGJE@H#T3(F5+EB[):(9M$R!*3O/)=^
MM*Q<>46 ^DCI3.46?NMH&7JD7W'?^6BYK2(RD1]&>2G[T)65D=NCZD2_?C6:
M@4KWH6F]KDZV<F$4 1\QI1)N,)K1P!(.5GON<%[.@$(U2#W!!"M]C8:M9(VN
M/44NS_R;Z"A34;)Z$Q-BK+3S[G5?[U6 N0_$F+N+P_QEZX@>H1M5EQX#_9:]
M;/'4NA#Z(XO^%$?3__YIEL[#GT:_])8;&Q01%?N@2=9(./6^<B/2K?";R!IQ
MSIC+=+E*A8D:"^PK,]_=$M&TQD* =9G,KKB9KITU4MH<($"I[]*QW'2;K56-
M!5;N53HVML:S1@@@ESY?6T5DX%B>(:HT:1^@LC)QW1YX+BL_-32:B2.N@6F]
MKEDC]4X]X(0I=WP'HQD-+.%@M><.9XT,*%23K<DXYB[/$0TH6:--":BGM'P?
MC.(=>/QD/=^E-A, G"D];H>H;P>^<GN8M'NE<JC$C--0:+>3</'?VX<TF=\_
M7(2STQ_C!_&<\"2ZNPO3?$/I4MYZ8C'AM*(,P Q"I[0W'^W+>,4=DSVAO(W#
MIZ-M^B+"MA9UNB5W;G%JB-C9Q:G;.5NSPD-&;B _C)G2H&L?M:.!'+2:1-\_
M-C7+<B//5UWS_6.*?B;='[:Z:)U35[JY[>,R=\_;#WGMK>35=HA@(T'BD.FU
M=D2S3T3OJ[!;.[7:)Z+W=?%-'.0-F;[N9WH[2=V^BJOA\\OAD;K[KD9-(LA
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M> ZFP287W/TJ#!BCT@99%K??ANGC>2PD9:8;R"#AW0'%4QZ4Q"CW?-M1"@'
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MO^?")ICDTJDSP567;IM!_K8]\V4<(:KG ACD;MMS6XH04)JMN-C@MMTKL_K
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MHCA5XOSB[*=?X2?*/5+D2PU5.\B&JF%#E9Q@?+\9L<YRU3&"[CDC"CFL;:Q
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M0BL!EJ?P\M>-N5Q*SBW[>\HDB[0'<NIJG(6&TB008EI]RE/]VJX86SBUF"(
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M:^Q1 KH?#%0(X>*SA[-%USY9,'F;7'X7#J/XPE60ZD9@8G&$8V!#",T ]'V
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MV?4.6#,@)X#286@)S8 <R%J;8>AAO8 <<4Y]5^%B'8_UPD6$ !@&8,V G#,
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MPTSMQ.!$EQC:LEB)()VB[[9E/>J5+:\;]-T%!S#&VDM]\/V+>*',U4NN+:K
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M@D[K2=IWRJ[ *HMO1[8)ND0ESRJ*' L2IPMY;B-5E._<[5FU#Y4\JX -*&G
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MBHY#7RUFTH+4!!U;:BUF$J7W-KO")X>%(D!LJ^.+8A4![JSL6",59G86AJO
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M;(I:#RN_X*R\9[-KV&64*?Z[E[Q<!&^B1/9KZH1=>^Z3YZ?^[RVK4L(*&0O
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MA$+'..M@DM&\H#C.W57I&:0T1T$^Z[@9V//0]]WH,;Q81.'#%W>NZ=3&S)<
M* PA.;Q""F.."VT'5S6^Z\9>^7'W;L+$9[\\S<77]+#?,G/WGZL'V@K(3KW_
MFV'5)P' Y%M8[I;0UA!2@ROX;]!L,O)CF+C^Y2)91.S<T^[[ED:0&;J%S]IN
MW#;BOG/4>S8)G_D[LD(17R?^(JON<C5YC:^"?%5/+;-@ TKR>0Y-!]<&6>&
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M\)-X/!O-9I[OB6HZHBNW&ZC70=W4LB-5[=0QRM5%;0)# VRYFH"DHLTZ)>0
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M2WK!;?SH,W?N)<)E?GWUDKH3]YHD 6#:CI4=H.T;0!'$*G12EZYI(KKT;SL
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M*9@?I@K@71@E1C@S[MB$?X303Z_%5Z!JG*L''Q;NO 06Y\$FH4AUYA_=_R<
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M)K,WW5S*H>)KB)9.^F2&U@Z\X3YF4ZL4$6F'>^6H+4]I*PL)R?#6P19 .X+
MQ4':H&EXK(Y@*?[;&,PYFS&16+*M()0Y8P&;*\?BZ7CE&"VP--2'W&(MW21N
MBF5C,.[HB2/#%4(P*CG'52,HXVC($6C1TN&.+ [1D^4Y$$WE<PSD;/4"-EUN
MQ>+JKC*S*+>O2O5MI(?OAH*&^P6 H'1A2P,%H^DTS65V?9%FX@5G[MQ+7%]]
ML:9JMES^L7*4-G :ED$AK>"D6\,]BUGTUD*!8<N&U?&4U:OE1VX:0K-)J9IO
MS<CW+'&%V%RXD6B4UT)#88!1Z>Y=\?5* !I./@2F72K/7 ]@-)DL7A?I]I_9
M!N'K/&(O+(C30FJBSKLR4TZ PS>S<DW'^B%UX6Q:@XJ:%BQ595.!F147&25)
MY#TM$F$S/(;9!97QC)M7;?PFQQ%W.XI+JWY 32 ;WWRF7 \5>:F"4BC\[,J)
MST5W?;E'W: 7';E(U;92,4H;.,T[5:+2@FT,9\G1W77,I#8RKK@@*"7=5(VA
MC*2AA67:5D7K%JU(NCH&<6Q"8*EL:"=,U'T*XB#3*I<A[Y3K"F?"@+_%+B7Z
M=XI2ZL ?5*0&=XI..KY/")_G7B5499H!A+!;1K8^*"$(VK3HD3:#F+8"3LLT
M+3MRINV9ES%M_O!VP#MK-,&FEV'T6\RWA&R,&Y:\A'IN&E% 2YD,^B#V3+["
MG0J17/YQZ%>H)D9HJ0U<E_1G.1XLO96EIQ0N<1RS%*?*#R,-0J6>-C!A*>K2
M#H3\94?;M  I[H_[06SF^#.;A9%HZJ5E5K #;%!B2,5HJI!4"G^)HY.BCZX3
MDOQE*$Q,!U3<NM4%J6KB6J2A8,LI>: ]H:TS=1WJ8(=8 -?$)"RN\2ON _=!
M@I0Q>6*1HG/8\>IID=M"*"W5JNT);9U<U%TNXS+=H4K8)P[21B?B[D6'HKN/
MRV>?'ZX:&>^.#0XDMO(YO#8NM226Q+H=T6H2(E+?3^UR?%D22!>4*%1K)P27
M H1#H$2A!XZ%2^G#K2GY[,;>9!6P%^^Y8U%JD"O)T5WZ:)R'?G5[R6W%4XH=
M:&U53-@U<#N,]1*R"R,XA8Z%8!\8:^=^%T9T:G&[PU;$>.[YBV1S/-/G;.\9
MNBU.K3/>)4Z=LRZ%<]>!TBU+QC.^Y_SB>D'Z"I9>;]]*CLS<ZUSE>CV7ADM%
M<K1B[)\%"AM3Z0CPV%D@7TC'K+Z?. 06C(-[]LK<>!&Q9<.&<LZ'MB8E9LE'
MU(WT(+Q0NH^/2,FD_QC,D%X>N+H([D$8\?CB)G_W?/\V3#ZS>S99%\UY##,3
M=!R)<5= ="T,!S65!4F ?5*NM@Q,I^G^,&325?J-5%]C[H#NK>6RJKAR[LUF
MW%D2A<7'01KN\=,B95I%F]@ E [TE.!T1Y5"]VWHP&*(8VA$R1=9L2DPBU'H
M@5%5&?=;#_//!KEEC4ZACT%H*^97/R<^@$S4Y\A](R*AAQ''(!&5X6SM:^,8
M-H']C- C$7WQ(:L.=Q7\[OH+QA_P7MGRQ_$\;4*@U7"QRKW@U-!T2)52G?-2
M;NSPR%*H#U>JI=0)52M/4]3"?',]7RR961C%KE^LL=)2%NNK0.C'I:>W10>X
M%,2!$,<J7>EO"6V[0$(<B]>-@\^+V M8'/--Y(D_)Z1)\YRKC->VW8ST>/)S
M9"TS7FJ'JY&Q7]E4U R=\6G:BI)>AA'SGH--CQJMV\,)MDMA[7:P>B!3(?\.
MEQ*&AT^EO"Q"8)>N*@^>SGY\X>,4]'Z<XX\H-IJ\Q \H-9HX<Y1"TX]'?92[
M31\N=F>,674G$Q7_TY<L;QUPJ_B.3V<2;Y\V9%/YVSSDYK/K+YN:K-ZIL8G8
MJBB?7GB]$:VCV6-WX%HTFEG9ZL^N%^P%J4L2*(9HRTNH'5D'5!W>D]*X^AKV
M[CE%[.U8^T1<YD,E-UP'OMZH5G"91!/$Z@K+QT*S@@-% 0&E-BS=4%U7HD*]
M!Q&R0>F*?*/R%,T@J30>)Z:)2UWC-4*2OPR'16.'4LEI14B-BV4HA_&Y%U*N
M0B8'I M*%*[9V0XFI3S"(9 B+T/(,F&ILG7WI'1\D0247%Y51)W2IG2UA.!2
M5]]!TJ;GLHD^VOB6-A?]'T7OQU)'[:L@O?&]=L_:7'2KN)=WMXA8*<7>/,4V
M)86;-<TA]DOA&7=9PVCBA>>NN +O_NI-(^8S/A,3]YQ=/;N1.W??RK?2=E .
MJ ,'1'GC6W='.[=[KSX>_=PN*S7HO1Z>D>=-^:O",#G!Y 1446M;6);:)=P^
M:1U-6!3&Y\P?1UX03L+F@HR +3V=!R!0Y?9\<891Y0QCNGVO;* ,V'WWOD F
M!'RW+9-9M"H&2N;VH@4-5BVL6K46&@JQ+0H5E&FMFM@!::A]M'X(#:6ICD-9
M,54)\8 44W,A;K)B\8%7[+H4E.PF&[VQJ7?#$M>?L>@\_!RYL><W%^2*6@V-
M8&HE<.\:/3"!(J2_NG.Y^M+%UXF_$-[AY4*T5V?1A,^Z^RP[=^?>W/<F5U?B
M+2&W>M/#.T^<WH4W"U_\%$W<:7@6<08DX9UHZ#8-F]$-3LWUR4E3]#U0?.9Z
M7]W?&6?_A'T[5/]^#SX6L?O6Z\<4ZKV^[(<5ZGU4#T^H-SK^G,63R)MG2O[6
M%1OR>'81)/QU\28=8A1,.;9@XLU=?S1)O+=R8=,&&NWA]BKV70[H]ZNKLS":
M+^G\>9U';"3""',GZ9C;73_441Z<YB!\<U?%*E=3N[:G@"V"JQ^< ]FL_]]O
M:=8?$L;\A^O?5M1F*]3PUC%YSA'C [/@<?KY\\;RW(B[(\2]R(P/0?$#F[/$
M>W(?&7]N3?K/=]R"-D3_#[[EQ<:'H/3&X[Z %\:W[B1M[+(AEG_B!<^I;'_(
M.1;G76[PXKF7?BBH<OWITLM:<> ^+=O'/Q&#?@B:+S@QP0LW7NY#;L,$WB8B
M\O.C%QC9E'\(2M>SF[K0B^C9F[AWD3MUU^+M!HL9U](BRA+.TK>+]C91ILVG
M7IP=?8HS'OYQ++8 8QZ%T\7DH\C_PVVZ^-V)&Q97_4<A,#U.S$OY@^NGT\U\
M-A&G;L8\_,*B#T'NY>/U)8M$VSBW-O[Y\[WK^5'H3@U_^=G'D.G;C&960?'6
MWOTAB%WY(]?)=$7D:/KFQ6'TGNHP[W7NI^6AW)46"]@7[GF^,3^<B[\+??8O
M-ODHS!!6RMQ-_?&XPER%X 2+/3T0??%2C?\J/'9AL:?<"J8+H?/YKZ_NY$5H
MQHR-3+Q6O/5C\.GSP]5Z;\S,'>9%[CE[2)>&.!:Z"F:1RT2A/0[$W>OT+#=$
M0]P@SO[B14+4(O8QF/5P>^;M%BA3"-3&CEA9R_%RCYFP#R,UUXLXC+TIB^Y2
MC2'X(7Y+S:H<;QH(R<=BQXA3+VKMY7F01@L^L-OT<'O/XG 1\6UT0W1U].,#
M<Z%*A5Z[B1L7+<V)N^1#SL/@KM8S$Z;W1Y:3%8?.V<7KD^N[G.(X=<:X61;?
MW.0LLTP_"!ME2WVN&!=E'<4-=PWE6V#0X\VWSI]EX/77T)^**M@@%X&M5C>?
M*NR1C[FV'FZ70E'8B*__9% 6O^6KZ(4[]G\\OJ1V&0M^>7WZM69!^2$WX.+U
M[OW!E]4#RV3BM_^Y]EX]3FC9OH4G8+./;;CS(=EP%_KQ'^[#_/\+PS_74"X^
MR!?/4@'_J5R*C,GKE#]YDO%D%'ONMD+Y^6P3:(G8G-.\"DE]",K7ON 5)W8K
MXICJET][XDR;G64=:/J @I')A0B_+IY=_[? F[,X#EW_>G,6<[;-HFTI$9O/
MQSIX61G^&]/-71V_7E^?K9AR]2H2-DNG43]PUBRWY(_%E7RL#50%V\@W$FRK
MO@;W\\76D=4R@/!AU*C<S;@B,R;ITXFW>/T0S*B^C)+/VR>Y([S4X!"ZXN-(
MP\X;*C^?A]&KFU[)%TKT_4-0*W&A+G]1!7W88]S2!;O\(1[Y\Q!OQSV?O(*P
M/KB"V'\]YN?T$Y'V\_YQ?:XV5PY^WI3,,V;\^0_!D+8W$CXD4Q0O+'3-BZSD
MW]SCR_0JF$3,C9D[X:LT]K+79LTRM52I0:)"S::R8MV8K1$JE+RBCNDH0CSG
MC)VR8!I?!;DI4^/;>@,A],0L-T&!UK+']<YQ58 U85<>&"@!<[!EHN; ?IM/
MW82M>'F3M=&;CI)+UXO2#@F/+U&X>'[9JLP6)@S@*T]/T35(Z&:ZV\#ID"RE
MOG99#5/-A&WJY4W<;!5P#_&5&\JQQB7(+4N +;A!7S?JEIH0[J?O39=?/'N*
M-7'4ILO^2SM&R8,8O0H/^-_+3]=,WJR!FTA7B5) E]6CFHZK :>2/+;!F19R
MC'.EA36M_8VF*HT@.[Q*5;-FHU_XJ:RG&_EC>!;&"5_'Z1&&GD82%LUUPM@Y
MF"HB!5D1&MEN@TA?,6A ;(?L@%*JZ=P,A$+E1<>RG:8@UDMK2[UO1.LJZ%KW
M[!M8!U)]VJ<ITM4UX'L6<UM=#_<HH(24+AHO1Y ;7$&BN-4#:D?/U2-<1*+D
MY6CZYHKN:8_APV+.'5Y6F)]1/)[)A]0 ="!?[@38=<N@7(EV)ZZ6-,A6L5G1
M8)&Z7G6X6*2X,QJ:1;+W^T((E*JD]@5WZ^BE"5J*>\,J6;&JBK5I#\L#P95F
M+;)*=7]KL0K%DK-H[N9L%$RO@L0-GKTGGV6]S7I4'PZAF-@;NZ(66UM"NM(A
M-C<'<&X[ZYR0]HK$)HCC=0X'>7>9P.I"[!8Y'%;YU>F8%H6'$VP%>1"]YQ$Z
M'&1I'F-H85,!\$9C9LT(,K5Y[;E/GE\.(7=L0(E85[%$^ Y8;?!WI?@ !3:L
M[FRA%7][?0>XP^&4VG7W %5*SUEFT6#J :'TR@,.[6/2VRLU0"S =^;^H<JS
MU*).T:"3PRGJSQ]2E5D6UQ:5)%0B:TE%5PH-(],J==3HC(KV:HW:MFU5ZHP^
M\,J+.7%*/E9O,B+/70*I32LU71]X%91(&K^21)L>GBQ]QV!ZSF:,_SQ=MF5R
MO_*_/8CBI_Z9Z&ZQ*OJBM<!]]8&39>'<J:\D0,W$M:B-74D<P2C?S_"PQ#7.
MMFU$&S"1 X9"VMX*G9\?KAI19&$XF+EJW""D&64@%[10I6RC:[*C:G%0+<"*
M[WK!P@N>-UDOG>L-OG^CD@U=CZL'6E3Z0E3/&23%7FN#(%#*T3FQ2/'DH#<B
M]"IS8B)$BB[&(&B1J/-?V:K3PJ48\R $35K/03Y%@Y2VIEL00&E[Q>$1(&^B
M0NA4-'B1IF03[1.E^UF4O.]Q5VI]$IL6%W#Y_8H8&I[^=HNA6=L[$X#2W&CG
M0ZX1^K4;3-=['X7$,JV:\R)J@>(RT 9PK67V $3T@  K./AYX675/[906DY-
MI :*R'E_;*Q&:=<8.IVB7*V(/9--:_O(VC8M=HGL$F E&ZD%Z](;$"CN?;M1
M9HF4HJY^Z3O-<^OKFM9B0'+^U,[1E#&I)-] RT%=8JJT9W8+'W%J$&\TS6$
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M540E4_7A (=]]ZK4 4^\S4,4L:IH3%][JP2JTCNJ*D113TQ]-612J[+Z:OQ
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MT[PKVN3C_C.)3I\+*8HJQXS1_4-M6>CZ>$IY#>\KQ FL(5.RESU=DO]KJ=*
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M,ZTJCD7D37'.;@%"??3)(T$^<HC8.R-)]_C5P!*^)7SS"?^TI&0RD"AAOP!
MQ3XQ*J &6,]EEX$$3)R[./G.#FYY0I7:A55EZ=[2?0/H'HDY3:M]\*M4?_KU
MC_./A^Z('>"X8;\(AI!H=_NKTOAJKE@#O$*[Z2"DCUUR9 B90Z'[RBD/RK-:
MD3C:<Y\(^:PHKKI8ED;#L'LU1::T&RI(JLU@MN&&-V#O3?'_7"@_<''R.$P3
MB.S9!RK;'.0U5YU\8B;^#E)R!)<N0'+9R:A@QNY%5O7;P4.H/17^5'/3T>B-
M6\J2&=\_C'*R PR"RL@.T-5C-QXER^BA7<40,=EAGFL_M^I6+>F49[4Y(KP(
M@.E(%8Y$D-E_B087ESGCOGAGW7Q6?;#JP[K3+$@/&!13Y=UV^?ISG*) P@&4
M#)K!DUJ5V-*T\31]6G=J%*\&,B])6H^52A\[0=Q!Z?WH6BO0DKSY)']9N#R4
MJZ-X^6GI[/BDG1V6I"U)&T_2W^1$&DQN0&NAYL&F^2S8#?51O&9ECX8E;DO<
MFR?NKY%(T-E<:"'%RP]EAVCJ6!-.<"0:CH\K+GQ$\1T;G[$4WP"*/XDBU$&\
M>X\F&Y;B7*8YUQW3[98[/*216X^5<Z>,5$H?=A&B[[J6%2PKF,\*IW)<9-EY
MO7AYK6=-NC19_I'6\TJZ_U_OUS1)3@^F>SC0[ES&(KY.3N/;P'='=OB<@=GR
M'5.'SYU_^79R>GV%P^=T&/,9D#Y/TN]-F,#<A9QD142)AH].J*Q9%2CIL/1M
MD&#.Q1P3U]E=G(0^T+EP5."+?>&)-ZWDQO_GWU_9P7_P,E@9#[,I^YK<\"CX
MAT3I.^;3C#8,I;(Y/$+, H^ H'RH@,;NXC3P(W85H!-0YD@!)B(U!9F*K=2-
M]5(J.9%4ALU2FM@<8GV3QZGS)";$J^)V.;\7^RO+JG4N=7O*2P&#5N@J/1*1
MNF91J-9/JL5DS&YRGH#4%:(Z'UVULL0;QBH]]XB=1W)I*18&.O3F\FDX3WR:
MQ)%" SQ'1MSDU)D\C,I^Z ?8MH_=X,#F=S*8/./SN8I*SW/LCLYNN3JSLOA&
M4#V7*D9#BX4^UUY=U++)E5>"S5Z<8'O-3& $<S+!:#>'-\.;>JV?:4TZ-N@
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M:2GH34F1WXT]<5)=1X$5J6&>PJT/4*$NDWGB9<&C5TGW474UZ>*JB#>?0FW
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M?W4/K;7TP'BMYJ:7U3UJKR-6N5H(:YU39U*A*AYQ0%XQJ0W?7Q:[/IRP5U8
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MI_"B!UJ52.PF[G,@<?V!B2OL%<W^0'OF\,1'DQ#4[-W[QURGU6H[H[8M:'B
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M1[ARS-,@+5M$8 ^)/W/_1H*-(T)#RL $>0LKPV<[B.9)D,Q4'PL2L/A"7!1
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M6UAVYJ%?YR2RM76=.IO-P_A>".:+<69 2GV)>K#@6Y9AEPK[CM.RII:%Q:R
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MFJ@7 [P>#A#,!"!!#L6: 9-D/+EGDFNJUY^6F9E8Q7?$KA]BKYQ\6ID^6(5
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M9;)::J;&LR&!$L6WG.ETA-JK'SZWN?/(>RTKGJQXLN+)3%WF_YBCR[A.KVL
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M&)$"64?"K5(!'D3L1F!I=+A6L:<A-[UOEU\BZ&PVYB$'9*38I$+7A_>.0X
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M_V8 Y5F0B# X8O\)LFD!1#8-'C_ 0=CD-@[;[N XA97S[V@YZ-?7?YSR1"R
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MJJ'^-.#L0\+3(!1!PG&:--QP&VB]V3V.4_SR/)HD7*19DF=YPLW=F))X#IL
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MB_,MX;RB&%J<[R#TK%50B_RM([^JXEKT;TO&ERJTQ?GV0^^E&F^QOZU0>FE
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M38)D!G!QV>,!8Q%4- TJ-;P%UAC[^'"WS6: DVF*3YF"BA3>8[OB,4DJ;-<
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MJ@7P(E"#61X%*&'C2&CEVU-B$;3S>5XVOL6"P*\@K@5[#P15M,*3VFD@SR#
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M2-^)>-G ;(;UPOKN8IS>D<?-XKO;$UU7F6[ /U-[,\^T?C$HV9KHV@=9CE#
M+RH7NLW!'=+IK0"B@W@CD GD0P&Y%4 0W@AOA+?M#<9EQN"SM3:RKHNL1OY<
MU,@W0:)VL/&*'-3"E#6"F" FB EB@I@@)H@)XIT8IMM&,I]6K+Q7LB8:I_@)
MUJM/?FV/C@LW&<TTN/'@"]&&[=X-1#>H7?DX2UJ-K-P*J"8>T9BNVLQTS/V#
MTBZT&'UU_V"T"24E+( <2VL30/N'Q718/RNV)9P\@P4GD^A]NTT@M0D6K<<T
MF[ S XMML5[?J--(V;\!DH_Y*8!((R61$U?CHS0^2ECT'C,TO4T0[1\6C?5-
M9_]@M DE!,M\6'HF[9T96,#QU%0RX&=@,< /)Y0L@,6P:S4VNA$1$:/P"@AF
M&V ?HSWBZ+!'5 J%+(#%TI;:Y$>)'9T9%KENL[NHSRR=XD.+@V>ZS72'$+1(
MRO29J5IM@FC_L&@6ZUN+<5)S- 1?T512SDV$4X?GF!JU'*.UZY2O7?VP=*9:
M/1S!4A^Z6W1JV04*5&2<Q31#(T+LG1 &ZZD]HL/>Z: 9?:8Y.E%B[Y0 -:'9
MS.[1KM@_+7I]YFBD)O9%"$=GVDKHW\#^WC9 N!O3]WL49J9Z 0:E_K=U\Q#$
M!#%!3! 3Q 0Q04P0KP_Q!G;L,AMU'X?8SR<YKTB?[5'>HO,"6W68TZ/DL=FC
M6MUB9I\2I69@.=T_"&U"!WC?3A80)IP\@Z6'1_LV[:!9EK$<9O3I.'\6*28S
M[,4XV<#0Z$9&W65XSY,49[$GK #DYT])&L-Y_RF;VYZZX9V/$\2/UT9QF&7@
M>3153<W  A*V9S++(>-M-@-& X%"64&+LI?[*K-[I)@7P (*6K.9:E#NZA,)
MW+<=9IID[\[6\NHV,]6=U1X^"PC5&/V1V7:5F$C9_X R[W86@^LSS;28XU!*
MQ?XHX*@J4QW*?=P7!2KV&Z%_GSE%)E#"[*TR%YXHT>R"0"VH%K/ZM"OVIQ9T
ML/4<PR$*[(D"IJ6RGFVNL)H-K.[:<^QF<8%QP[IM]:=I=NM2N4NL-G?:APZ_
M#Z+I[0I3]!HP4715K]=.[]3>;QM!P&JW+*93!G1[2:193.U1V49KZ5,M.5.9
M;=>XE8@NV^D:3=>97N?>(8)LI6L,U6:V6:-C3/388L66 998;Q77> /'8)[1
MOSWHZQYAT!L/XXUM.A:CU=,;Z8WTQO;$S!JQ@O(Y5%]]]]8/_-3G5)':0F>9
M(":("6*"F" FB EB@GA]B#>P8)=9I[LI OD0Q7'T $\M)SU@U<?0#]W0@Z];
MZ2OL+NM8=YAI4-7'DWHIC:DZ(85@(5AJ@,6V#-:CF79/2JA4@SD]*O;H0!1M
M-W;*5^XFO( @J,32CM L,;0>LW1JY4^P$"P$2V.PZ!86HI)E0K#LS3C9O^$Q
M?^[4D1L@&M/ !.GWJ,G!+%ITG 1+ G.1IZM2UX=9?NFS'DV?6@2+QBQ;8S:%
M1IXP34]C#G'-$Z38=8_@;G-RT>Q@JJ>V2"WG:NTZ]FM7(:C.=-M@?9,Z-.R+
M H9M@PPT"/][;PR0VW1$A3WT*2G-1T+_?N=0F6"46;05]J>2>Q:S^]0;8V^B
MJ+2_ER]F TM\7U;VTM%2E,W?ZMU!""6("6*"F 0#(900>BP(W<"X[$;V&V7I
M+TU(9YJM,]M:-5WTH!9O,\-VF-I3]P]*F]!"L'2H]G\?N6VP;?K,UE;-8#DH
M--A,=4QFZJN>K!_4X@\U48TRY&<2U&R<3+1R+M9!+9Y@(5C()M@DX<S&%M_6
MJN/,#A0-M/KC"BXL'DI]Y$9$SW&8L_((V8-:NFU;( QI!AW!LHJQ;;&^NFK\
MZ:!67FE9KO>8TULU*_N@D&"")K.7S" \X*5K-K.LQ9Q?<QP!7['[Z8N47OX,
M^H;G##%;MYFF47KSOBC0P_F[K$<)YB4%6@[]P>%[QPNJF'"$_KV.O&26Z3#=
M7&7,'-&BB06!28>3HG2:@+S'9/+<JEZ^F WLZS:7=5Z/W)B/X)D\SI+*'5WK
ME9#P/Z=^^GBH1OC.K6Q#TYECU"AHCQJ?.C,M\%R.:F[VKN6BR<S>,1EI>X-8
M6 !UUG<37C/K5E/UHG4A879[H8N<VM=)B=5D%/3[S#)6*>/=P/1<RZS<X?CN
M2H!79)4G"\Q0O#M6WN(#-K1$6\5:'1LRN<7$;T+[YBNFN=ZM)Q'-]6XW?2IF
M]89SO0G[6^F-3:=W$]JWT1N;SN@FK&^^XJTF<;]-78"Y_"K_?I+#-';C.S^4
MR%#?*]G'?/'JJSDXGVS[N&W1,KOXR<R"Q7H5CP=!,G&QC/3OK]17XG.69BH^
M2QJ+/V> < "&\]AW Z;\QH-[CAX/O-T-DU,!0L$=7A0$[B3A[Y3\KXPO$O\O
M?NH._CU-X'%A%!;?IS%/O1%^%X_=X+WRX _2$2Y;??UJ=@7Q$M[-[M*=U^^5
M91Y96_9:OLIN@;L8NWLT-(@&ATR##B_JL"@U5_W/& @'2<N5ESV/VF-_,-B#
M9:1J;^%_NJJKQ:+22-'TMT;V+4G,%1G2XV'*XP9(H_5G2*.]-53Y+0E2$J0'
M2<NM!.F^MFL[R-VN!;603 ND:J;P5I*J<V($2QW.%X(E72!DJV'T(@Q4A']_
M9;U:$>4O;[0UV#6+3<![WRE^"M=[#;/P/R(?WOA/>.PTYK61=$4#M,5R\Y"I
M_6/"8S?UH[ I)+5ZA[>"SJW$Q5$M]I W^+;BG/8&X:(VL7^(*ST$(;&.%;"R
MEQ)'#])\UI^:SVO@:E_6XR>9<9@OR<?'\R153EZ_.4QGIW,4^G9U7:SA:Y2U
M)-:-WOL$P3MR(I4R*R\Z$Q=M2;V9YV8Q&/':&M%S$[MA$N)K@(ZAVP2)NXL<
MXIT7A?;8]8J57Y^=GU$<HTM"_3+--KENE8OY%/*XV/S&>Q+OK2'7Q8?KRR-8
MYE'1E.RJ#A!I!U82$:REBFVN [Y^*6 ;";EYC&77]#3,L[[Y>N/U'J0&6^@X
MM,9!,'MGNDU4ZQC5+/5,58^1:MT1AZ9SUK/6)Q$A?8_[XA!$PS&2_6A-C^Z0
MR+3/#-)8[2;1JAIK W>K]J9_C79GN4[=E(\!O^6PSVBH7(9>--X\;>39$MK%
MKAW<803R7D!N.7B$4<(H891 )I )9)(.VX*\@:V_S([?S3R][[P<GA/S>QY.
M^8HTV1[++9J-5(&E^,M@MFJROKWJU.W=@-<B6 S"S(M,I#-#775$Z]&A2>L9
MS,SZ*Q^9P-'M'C.-59=^))QA,%U5F:/V]P]*F]!"L+PH2&R#J>9B.;N!:=:-
M<<@745+:;]%02=P@;XS-XWO?Z\ LY)>C^PVPS@DV]M=8OZ^]:1,?=P%U[90
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MB.(_GLG*6;AAL;F4Z[V/E)_N-(B$I/P&(C-1OH#01[WQRP>T3&)^[P/LP:.
M9L2#@7+[*!X*1/%#+U6N.#SZ,X_CZ-XOI2?0%[X$X>H&TI:X^OSY^EQ*VHI@
M';FHH5(>CW$UAJH\<C=.E&$<C96/W./C6] G&A,ZBN$K>3@0)B%"DZ&7_SF%
ME\A8/@+'?WG!- &U &OV?/&:#%-W@,PTBO>]*QMCW99LSNT7DD]P]X"\;I!D
M6RKFRC@: *V+35$TF%5B'@B.A^V'FZAR"7+VQ,6C*W^".A^VT"2._LV]-,$=
M"_> Y0//A^M07R.?B"?DCQ: ",[A U+C+5G(YRB6XA'%*$J>?)OG5&,**N,
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M102SN Q?TM?/;+7X_3X2,8;L MJ(+5E(*:HSH1GX: &%*/JC:8R'A>(\2 3
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MF V^R6KT,P<ST'<<10BR#/-O8&%-XU+DXP%\SF%@YJ,DY (!"_+/#PTOZ[&
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M^D^4:SC?-&=%R5A%H@3&"?*80:809<'%)8Y/1<IRY:(4:X Z5[S@'U$^3L0
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M812T[B_#8>R"73D5H<]=\0/M]=W2_IOKC?R0QX]E%(__.?4G8H8'LL$0W)S
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M&@.W\E#Y,K[]33EY=?VOFU=O!.A?W"!PXT$$R\S><W']7?94SB!$@. 'G..
M8QW@$A_ R(!((V7DWO.%C:S=!$%\%+<6O;/A)GA,&ONWT[1Z:_"(/U7Z/_]'
MUMIZB -6:1NT9"&8)H107O$ACY.<9,6&* ;"2'J[DJN&.()F3L]TE'[)-$B+
M#NM"4E9'UPR5[^[83UP<O N\J<C9(Q*;NJ%E>-7UWOM(@ 6LA2-TY-;[R#T^
MON4Q2E6+%;W0Q3B9O&L[B&]L)(X,'H93V ^;S9EI$84.A]5,R6H_0N4[D$Q2
MLL^0FO#_R U%OWTYH,C]@RLC'@P$L_S/S97R(783/\!'WOLEST2)\C4=N&<,
M!%$,##B)PKR?O:6^1IZ[^'!]^1^HUT%R 4@@*@4@8?2@C,#T3!3L2O[T0I!6
M$^#LX+CYIT6=\?,YWA6+#+=ZUI<L?:;'1[RBR^4H+BYUK!NXH2?F6('XFO 8
M)=<$OI.3M#@PX40\/GOL$SM1 "&G,N3O>68*2*6+X,T,B1=/0W48^TF$ PO2
M!\XS@])+05SEL)6/OG>#*;X 5;$$"(R)$@0&9D3*XVQ*_<R+8&W_SNT N''@
M)V("'8ZS*/2P>$WVY&0J9WI-QY/,2('?_CT=W'%$!JK_=SA1XB$%H>NFG&4"
M.LGP@!H"1T&QXDWR,N4ABO^0YK;83RQ7'1?NA/^"E8%ID0ITXU/&KA='^>2Q
M&6BBVP3VO1AWD-G@2%B>'ME,HAH64M]6'+M BBJ1IHE4U7+;R+%SF>)_SLP5
MC6YHJ =T\)]0\KIH8@3(GSN;YK%S.FXP6TK37P)DM_,Z-FAO+,'+ T):&3"2
M*Q33LUX>2I+#9KQ^+U]YBCCD"/Q#[$[F=_/)T'H:\"&\R<!H5?EE+ ,'V;?K
M82I#N3]V[[B\LNVAN@K>LQ^S]2_Z>3:.MRW9K!:0K482%0&EPZ&0?5@4RLHZ
MB#SM)(]( 2YP+_)3Q^X?1+'V4NPSF'6S!#L84NGF89'J:W3G@Z?BK=*S>\XI
MUS)K;YUDNBTIF?TNT;P=G;M)QF_<3<!IGIE$"DY5$?T,,N=JVWVXW59;89=U
M?F=]O/A,J"74$FH)M83:/:)V36-EQ= 462B;6B@S,V,^!]&#\K,X@""KI&DR
M_!ZF?E @45<-5?G_<=CVA*=3/WTDM.\&[;9)F"8&)[03VK=#^^UC!>=+.GX=
M1<2F^^0LC*0O<90D!<+E"73;C:/_Q]Z[-K>-[.RBWW?5_@]=.9.]G/=T%%Y$
MD9J\\U8Y3C++JS*9G"2SUV>::EE<0Y$:DK+C^?4':%Y$V9*L"RDU*53-1=:E
M^32 1@-H-- J2O\QP\Z]U1#9+9(\)_4B06;B)VD4XZ5A!C^ &?NA%\6S*%[*
M5\!4(R^5Z3-E8FXL /3<2V46;IZS@GDH#*82CE9EMCY[]:-S7+A>!"EC,0X$
MTG"1CH3DS/*&1G-1I)S"Q[<QTC<G?9[1A&E9F ]R+S"M*\&LP#B=SR3=\Q%9
M[$YG;#[K@</A%ZE3XH<W<</;A21@+E() M-#/<SISO,$$W@/6!\ 6A"!=&<F
M'D%7=DQ"]ERGAZ\W4IK/,H,X<3).?$A2?RI;SQ<T*^F?TSI)YR-YM<)S9S*-
MT@,^19(;F,J:W63*LS*K*J[**CF(+Q**K:DM#:79^&B!2O:2V=CH=I0MH;7:
M#Z_ "->;H$4Q FM0+L#];,@]]6:#&1-GSEQ>@S%*:_+X:Y(L$N)"1[GP#:V^
MUY+FRU; 4W*?=ZRP55PM[;LOBX!ZQ0DK;EJ1I5<CS3]'CTA,ZNEPHO[;3R?1
M?!'T6QP0$75)9)4DZJ^2DE6[1N_U7Z+DL@?AQGA),19@T^#E6OCA7)I!\BHZ
MEOAXC6_#=\:+^XUZSU[^.3H.'^9Q]#?,@CAV&B6SPN994;?IG.]BJF"T5>]S
MMDHD2P/N?7[EO23UUQKLMI-&>'*>.#;P9%U]Y5;QZF.TN&,V*ZYL\D4M!';O
M)M4B"1BKNV7N<C4#5/2N7&;,6;=9]!@\*@\9<88[1%X0JJ@[(O<;V?8B>_\"
MRXZ\XM6R#/<""T0]!Z:H'P$;3QJQ8<\"2"Z"P>H)X3*>H+@'Q!<.Y&Y3+YYF
M]9SL@8->7RN>6)T^EKY8_BF.7ZU-44+(*@#B<2S>8KD5TJF508:L6 2[R"Y
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MK\RL,N5%264D?,4T*BHL,W@;*Z6#X92""+#["?#0\V-O/H6G2G/)#T<^^N>
M#1B?E'1 ZZK'OE9JYJ^RO(JZKF#%C?$Q695(-.5B<!WB1'((IISS=,EB Q,>
MGN@&F83@)67VZW(IUS^P[/_%BZM?_WCQ:O&$:L%8-"L?9$@L$TK,5B^H$XO
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MJF<)$0@"02 4 W%$*_T8ZFFII M\P9O'6:GOR@;Q]:<&2[W0[M N^2<0!()
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MO_6WK_!)<32_G3 _35@ROTG\D>_&#^SJVV=V'49W+ON_Y?6\>S^=E&AR'?"
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MUZT!'U@ZD;EV\=6MGCY\N1_6]71L6"3:)L%6;S D$M</5^<#1^>&XQ!QU=3
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M_QX[2L?H<'V8QQ%GB8\_7]?H?#P//8PIY($$&8<(O0=TTI+Y39)BKR#TT.4
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M=K=W41Q']WYXFQU&YVFZX:VB:E,A+!>PK'2#&P-G??O$,R>1"MM:37& F?M
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M1V=@E\M+/'\ 6ERQU]0O)]"ZP@?/5S;0A\>O;'#4^75\>L2^5D^/V-?JZ9V
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M9(9O72Z-(M-:GRFVKC0M)9*ME0/]23*#.3@LF:&!8,3>HB_ACMVI'SS\S*X
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MX\)F4>![#SQ3I_(ST(^W+C8]@/E@2NPM-E'Q0WC2'2KNXAGXKN=BD8&L1CX
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M^8RC ,!0ZY,S;'UBF:L*5;=?%:\LRJV?KBBW/FQJ^I7JZ>>QRZK"VM^B.]G
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MWL<^ 7<^X]L<[*VXZH#+;NGL]U*9Y*?SN ]^^"$[WU?,M3-3%=LEE"\!\5/
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M+&[V%:,04G2&Q]Z/@#UYM(*63R(/9/"HO2)1"AE3236Q)OR!CO-]I#"@EJ'
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MD,S NQO[1E=JLY!YE5AT"$_R.FT_].4T:ZG/4#VR2E=FV5H^QOSQMQY:7D%
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M_4<?? T:<!1YX/B4"J(*7H(8TDH5+*6AU:KB!.UG$_IY_P7G'-7T7SESR 2
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M]%/E]H! 1%$VY$$8W_WZQGPC_R[+T.3?BCWR<@).!]"<8UD9,_Y+1 \"'5W
MP>/L1(*I&1LD4<2'F0#WL+PJ69J%_Q8GO/=GD<'CXB2N/\]3D0?W^%DZX-%'
MXS'LY?=( //MF\D1D*>M V3@*TA0_.N;]IMG4UZ?O?:6?>989[9I;W"))/(O
M37YK^8P.$7EI(B_B4TU9O-91IZ6.MNVWFLR*25S66XWUY\+R5 ZF]?95T=KX
M^&Z*;A;V0IYB4XX*/X][!L^R) AY7AX!N":/&FO<ZLFU?R0AO/ !'END8WP3
MAOS"^#X4*<?FZ\2ZN:SS]L"Z[_F]2&O@J8A@BO6,(4]E6QSBEV[\NDUR'NV
M+[1RT<IU!%RCE:NQFI!6KF;Q:T,K5T,I3DL2<8V6I -7<;0D-8M?BRY)T?)!
MS(WONGO9.W>#A/BA..UT/GY9F=/-=2AGE0LW:$1:@""R$ED/5640B,,51RU
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M?9P\/6?4+V3B%)TP#V9W#UDN'+\-;EW_LA%PV\U8:D.M?PYK$'EBF/Z9Y8.
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MFX#Q4*Z:0.LF8&SB51/HV@2,2U^1X;UW%C3H2O>HRU9%1;ODK[94:UCZ7"-
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MS' .Z?4;YF*LFC$0&,.997EO-1C(;0HOY$$>)G$FX3Z&^;V1BHCGHF<,.:@
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M5DHOY>!#@'H"I*7&BD6.6@\-2Y#PH% !3M2EZ)OTPPP^-9X$^"S#(LT*KO)
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M#N&5RBI\A^N!K(Q7M<O\)SP>E*HR[$!QU';=A+(?K0BU.3AE_7BQ/CP;('J
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M!Q8ND-O_C618GAD/MLG2\0*[&?&"=[['[/;2C<</?+$>IT^;M>R%JX6/A#Y
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MZ $Y?ES=R&=>?/]\]>W&"%+10]["+9'@"/HN%6( 4*=3CI7#P3K$(I9O@;&
M.O=6JB34=9(M65;X<E2;J8_<BOZP:_WQ!!#"& 0O%7W@<2E9X_6F<NK',(UR
M% D4J"$:P_C$(4]Y]/1OD$B8J.%0?B^%=;Q M9PM-_]]:UQ$(=[R [[MPZJ7
MJ/Z7F1"@.D %V>U9 O2WL["?9B<X13Y\"K,@2K(B%=_[EV6D_;>G;SR'3^!O
MF( \3]*GO__G?^ :_+?I/Y2^\G>EE>*[JQCU3_FPL6>@#D+J7XO^KV\^I\D
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MD:)7A8T,11'DM[\9-G5L#9X7%:Y6GL /A 6B.06^"88"F**(!_-^%=DL97'
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MI^I-:/-O\<&%JU-65X)K <HWQ20"%T_/>#2ZS&:C$=S!XZ#8$9?QZGHP\V]
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M"N^$N,UG[3]Z_G/*XXQGK\]S]%$X"6.6ATE\V/%OK7VVFFMGH7WDLS=)+,8
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M*%RX$=@6HXQ_XZ-?7GP \3$T0[O4=/A?GHC/NG%IZB_^(0P<OIT$/(JR*0N
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MH_:D^%[46D(_@ZJ'H<R?C8^:9,CEDF+XZV-C TI]PH HLRG:,APUS\(A&@&
M6T"X3\ TI#P 50M<1$ZPZ13 YK4YHP+UA &:#.QG!B8%'@:O*][[&X_"@3"2
M=VA09V!:(GPQWE09N4LP>6A8D4C9#*Q4" ^YG85#M%0"QR 9/I2/I86AS@!
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M4I7%$L^98"8T*PS1 #X(,\301Q4PQ%0H/6[EH<HRD ])H>&6^IJUY]7PJ4R
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M,4N7W\.R''7UTC-HT<42FJ*:)+E-V63"ATM<7]KTYM(P^U'K& 'D@A7JN%1
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MEUAO3<9)&OXE-F=F"SOS!T7&[-WO7]^):1@5,5:<7!&7+FRRLS""T<S"L6I
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M>M>DFKFOHE<Z:%?RVQK5[-4[)P\8=AVV8G%AF;%&LB)>VR,,[[::J6-WV?;
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M5W*-2I.2?_+HCJ.RAJ>S.+L4KZ@0 U1 HRVRIRREW7\,5=WL!)1UHU:VL4Q
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M-O<D9RNP_\'S-]$;#V/LP;0E2S?I7=-Z_&U;U/"VS=JH>L3%6NBK_?OL+W/
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M,8<AX-?\)S@(DP'+&1A9*N# 3$GN,RRNB1BH=<*"(!R*HILPR,-))BI0BS?
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MO['M;WQ6!6Z_^79C:O(F9F$RB>*4E:4,>9S1CT5R)*?$B_#<WXM^P-])RGE
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M.8)R"_'R.P8JEN&O0[13 C!\XD32?>3G8[PS'N1,5L%=L )'$>"'P"Z.*_M
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MLX4JH87,2O-D"+DA<8Y59"I?)';<XP@FL048T&4XPJD($H&P$MP)8HH%0H*
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M?,Q"+\_6\G+Z*>% ;59/#ZFN>'DMR^DS=67&(9]@8CX'9N+-'D/.%8E8L\O
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MB#//1RSFR8FE)7W3U&!3VW"H:6R<]7C<:*Q57U+3[-!N;E%K::\@C!J/[7<
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MKQ0S[[:5]"QHRXO&(FNYEF%XAT@!41:@_X-?,IEGE-2.\62^<HI8$MKQD7@
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MF>4M_1K;!\\<LJQZ.#+WA 7[JH;8+77C1J@O1>%K ?O9@+SN@)KN,<C2HLJ
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ML*-S,_HB 0SIK+25L])LU;/20 >V/J7K ++2]#:HL80%VZ!Z^M7S.] 6Z)=
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MTH,)IY'2P>-L;;$^08IC[6\B7@/8#(ZWW7_7I;V\(F*=Y>X8W"/<H+Y!G7Q
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M_.X<9T"W0[N.2[M]?82Z$8PV[?1=ZNA#JTW/_O! WS0ZZH+8!C2>X &J8^F
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MIB\4[Y_7)N7L8EF'>IO9J5V#VNZJQ3X[HA6%SJ+-GDN=OJN2L-\-%8NLL@*
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M"XWTG8B7-<SF36O]%D;=E(FNO9L9*"PJ%]I-P2W2Z4H T4*\:9 UR(<"LA)
M:+QIO&F\;6XP/F<,/EGK5M9U*289I^0B27@C_1]V _:V*$C!E#4-L8980ZPA
MUA!KB#7$&N*=&*;M:/QXR9)1"8#H?P-?B)X[]RS .?$[\W%4ZE]'+:-+.[W%
M(R9V!HI::+'[JXZE/'"45+  <AQ3)8#V#TNG1_OFXG[01XF3VMQ%%W1 OZL2
M2"K!@H/^NAH[4[!T'>KV[2:-E/T;(!>#>]&=K00BC4B232:!OWRWWX/:Y H6
MRZ6V::D$T?YA,6F_T]L_&"JA1,,R'Q:WHWEG"A9P/$U#&_!3L-C@AVN4+(#%
M[C9J;+0C(B+F#)00>/GA'I.'>T=HC_0LX!%#AT(6P.*8S]KD1XD=B]J.=MVF
MN:A/'4O'AQ8'SZPNM7H:08ND3)]V##UN;MH5=&C?68R3AJ,A^(IM)>7<1"D+
MYID:C1RCJ77*IU8_+(L:CDL-8_TVMSL&^.!VH";C'&K:IMZ(O6^$35W#U?NP
M]WTP[3XU>Y;>B;WO!*@)LTN[KN:*_>^%VZ<]4ZN)?6U$SZ+F4NA?P_Y6>=!C
MM9%?HC WU4LP=.J_JLRC(=80:X@UQ!IB#;&&6$.\.L1KV+'/V:C[.,0.H_!4
M'V1WC1[MN3IY;/JHUG)HIZ\3I:9@.=T_""JA [SO7AX0UCAY HN+1_M=S4'3
M)./TJ-W7Q_G32.E0N[L8)VL8&NW(J+L*[WF2XBSVA): ?/LFM\;NG7_(Y[:G
M++SS<8+X\=HH/>K8>!ZMJZ:F8 $)ZW:HT]/&VW0&C D"16<%+<I>[ANTZVK%
MO  64-!FEQJVSEV=D<#];H]V.MK>G:[EM;JT8^RL]O!)0*C!Z(_,MJO%1*K^
M!SKS;F<QN#XU.P[M]71*Q?YVH&<8U.CIW,=][4#-?M/HWV=.40=VHN,N,Q=>
M[\1V%P1JP7"HT]=<L3^U8(&MU[-[>@?VM ,=QZ!NM[/$:M:PNAO/L9O&!<8-
MF[;59]/L5MWE-I':W&D?%OP^B++;):;H;<%$L0RK63N]5;ROVH: U>XXU-(9
MT.IND>E0P]5E&\KN3[WDS*#=;H.LI/=E,UUC6A:UFN0=O2$;Z1K;Z-)NIT''
M6._'!BMV;+#$W&5<XS4<@WE&_^:@KWJ$H=]X&&]4Z5A,KUZ_4;]1OU&=F-E6
MK*!B#M4GG]WZ@9_Z7%>D*N@L:X@UQ!IB#;&&6$.L(=80KP[Q&A;L<];I;HI
MWD5Q'#W 4ZM)#UCU,?1#%GKPM9*^PNZRCJT>[=BZZF.F7LJDAJ61HF'1L#0
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M#4B? AT'WCLQ &E]_)?LR$ZW7EK&OPE2-DM;SF.&SM$WQM\WC_C_!G7TP^Z
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M5&]K7:SIXK_\C00E#"YFP5/)4R_H!=7Y1T?A_-9GDL2;(?U"7MD,/05#1IE
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M765]_<C4L651H+\E^BV"=;N.W&Z@_X#-$4EL=:0K ^G/,BNX>3>M_:64#D8
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M\4!W ^#R&'Q$=,S5]L_G KY/V8:YS8CHROUS[L5>6LALJP0.^S%CP<@KVR%
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M-F1RPE(DQ249K)<=9ED)/1YY9X$#Y4 Y4"XO\LX"!\I;H+S3D=\"CFL74O
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M^L1RM!JW6&-&*[?*=7QW[F>KGGCIWO'G8F$1[Q.6Z$D3>,I]+B&M=0NYQCH
M-#ZWCROVOPV$O@2DV1K_!4JB+N"M-I%DNWS.8O-X1".#%3;U],WB)\\%ATR
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M**DG!"  !("0#$2#7GH3YFFKI M_@SN/%J6^-Q:(;_^HL=0+K [=TG\  2
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M#F6_ ?@JP=>ER=T12F7')[7("YBORON_;?/ALW&5IOPJCMFPRD'(C@\H!7R
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M(.HV$K/Z87+3^/!)8\VF9=4+TVUM*.78.]SF7KL%Q*P$8D/'AG%PCROP#Y6
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MPP8/?OAP'29I/!USNB>M'CJ8#6^[9T'T)"9.)@)A1%&2D4/,_1-S^6(6T&P
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M[#B[%M_5Z@HWG9@6M@P'$V??(E&5RKR4)?/+"+\J**D$2T6K. _([R+,@\4
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M?4"OR>@I#E[35 MP1+$N4Z>SCVNP+12L%H'EL,'VWCD^*R]?' PXL*Q_Y=&
MJSQL-Z7!5U$J+G_W?=B90P*SIF99CS!QT)#&3(;0^G/*9%7T6?PS&JX-C/:#
MJ:@2YU=<=; DA?+YQI7/;Y!G^:],4;NWR1-63/[NV+FF71BU#J%5&)W\E!LP
M$A@)C 1&=@%MA?#F)KL$3A8![>5,[&3G[)R3J<OJG.%Y.2]U>=7?MT:.G[HB
M88;^%Y;,$_[IB(H^4 P],QH?C/R!K&WDQCT0U\K9*%SCA9(M)DZBIT^19&0"
MG&PJ)P4+.2>'XMP_L+)IK/S. 5FH<RO-PWFL<U8S*9$OB7 1\A#/S0T12<ZF
ML_U$AM.NV?V5%M.V[5JN;'9CL+P\"3Y$<2RCFPE^6=XI(I[A  W8/5]STY@_
MJ!=&*4-$L?'=E5R9F%@6-MTR$QVKJ>I4J>5@J;P6)ZEI8T)<(&FM"]=V"+9(
MF6:90.7EA"PV/ >;GJ<4'OO!TJ <J6%AP]&PG2_ARC7P*NU:&O,OC"8,+>1
M9\K1;J%RW/_*,["MVR"23E=U;1I8U]>/8P8.U,X!PN6:!\;/"3G@.-AU]SUY
M %K\2.RQN/=+C)J4_LD&U,SKKE[TZ<QZK11V@HFNP5)8<^5B1]?W),Z,QVQ0
MQU'+@W?P.K!:S;^C7+5B>;1R27#GV3+V/:.I*(-@_ZJ]?\%"J]. UFRL6TZ#
MPC)W,1TP-*'/HN*XL+6<%EI:)G:)Q^5LF2 E*+^2'HSNBGE>P &E-!HQL>=
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M\3NBIT3^DCU&P33UHW"68<U!SM:/JQ/G?;*<$'X%-49/?CI:R ??/\].-PA
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M5>M.7HTIV\*F4@3;FH&Y9:04:BK!<O(K@DW7PXZ[OCKG@(U4RR99*B.HH'Q
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M1,,'AAY%T%.V^EKUDN*,F*EI!23<,I4N,,G<N_S/UT13A*F+!RDUHF$+PJ,
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M EY\(4]GY0=P/\3T+S_P:8B&>2AHR+V[9$5)Y?9J.346SYZ%<DKB($)ONVP
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M#?5L;%O>6Z6 .SDLVR8A5>RP5R_B;Y<K9T#E+, "HTAV$@P6=CU=*= 4@H4
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M4I]O@')=\JEF)5U DRGK+1'HG>+-@RG_/A+#F(8^UY]2JW*MSC@*7+O>)_[
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M4Y\^@.J9V-#@4)BBW'%-;'E=*QM?#:5" ,%R;P.,;?&Y+Z]^%& $W.4>^D&
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MT]8?=U0)S2; J.05& Q@, ",ZL+8SC"&B%&L#F9\]!,:!-'3K,5T/^:F #<
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MS=#F;GSOARM*U3?*^L<-AVH^HNM%8Q_RRW7B3U[?+N?L=8]?IM]C-TQ<+VO
M_#]^.KM=WK&_^V[LT^2_(C],_T7#=!G3Y"9)(L]W4YJ\_^D%R\1_H!^6X22Y
M"2=9M?LW&K _3KZZ<<K>^OMCX8-O4_87WD+ER_1C5@#_G=/RG0G_]R#R_OKM
M[W_CRO;+#J[_2Q__=$/W/GO?5QHG41C2X&TTYU7S+O_4W0]1/"82]L,W.OWU
MXD,<S8E*U"L5LW]IE#UC<J7AB]]VJ%NIEK-(KS$V7B@WL>\&2/DG#1XHWX!A
MBL4&<95IUX98QBA31'57>?^]3%)_^MB,^A;?'/@AO9JM)PW'F+WJ^XRRZ10$
MT8_L4$&B^.$TBN<9+9E^1*'"9,(XV=*E1%,E67HS9;$A,SN&P%\6KT2GW+F!
M&WH,H9OP5^]H^COJT?D=C14-(X7S^>KY1#BFI.(Q?62/;L] LIFL>#3@S=,]
M1ONO%^I%]O/Z_$CV\\H(9H\[F&P&Z?B0U^;38U)U%PE]K6R>UH8S\?]#K]P)
M'_YK)8S"_/=I3%-OQG_'%"!XH_SP)^F,LZ"^N-@Q1@7;]-RV/]UQ7%D/L=8?
MH3'F7?6-BT-X-[NX'2^$7U?#TNPWGZJM8D<59ZUNNO/BC2*T@';Q8DG@/O>Y
MU%<&0Y%$@3\YX'3MO&(S7G//@'M22$RN-7S-UY#VI-BGNPFR?BYK7#V164+6
M(-C^!%MFWW'OHG)\6:]:[%1[A+>S*$ZO4AK/E3L:TJF?)HS;6*'S11 ]4II=
M4\/<XZGO,4>ZI":TZJU"2=[NDZXB@Q"A>!()BY!/FH5THZS,0#)=2H8@6[>;
M-.VMF.VO49)>K6PTSQCEMAM4:@A/&!I^#U[$:MGNI2!(H9^P:H@0"!S<9Q,K
M-A0<7I705?I-OU9#$U/30%E 6<K%1(:)05E 6<J%:8Y1QK(4EN"@6*'PI"[@
MW/WWG4U\;T8GRX!^F?ZQ=&,W3"E-!KE;_WVVNLR:T^*&CWPG/O"SC6*>,;S/
M!\]WTWD>,2D45V1IQ'_S"@OE85UBP??=5]OZR>OG\H/===A=;]\>']F%J+C3
MUOAAWK?+.*:A]UAYJ"".)L7QI\N,E\^+OAH6R)ZA""*CO-A#OZCCSAP59\E]
MO<;%^7L4QUE=605Q=L%+7VK^W?V9#Y>M[M0+HH0MVD!2D:2L$K2.XFC#X^1[
ME+K!>8[Y.9571)>DE&F-=U\-0U^B:6Y4LM23K>$>KM8;IA#$=25*NWM'ID]?
MKD*[A7Q]C6KLTFRW5*^_M-THA0E3<TC2A*DY(&'"U!R2-&%J5A2F+: P86H.
M29JEIN;>[$L^_%H52,<N*:LST.R$=<@EDZ1^Z.;?_BFZ7XF<:-:;Q$\]]TQI
MESEFTY2TOOVC$7#M[E@*P]9_+W(0::2HSC5VF((;9K:9_#&<T*D?^BD=&J4;
M"])Y_25!NF6C8Q6-(@U !HS[22:,9$>78@ R8#R_>LA NF-*,389,%8I]=-5
MX+\W_BM(#!'G\*DHD<B0 6/#3S:RU',/@()P&A,.008VD>V4/= #(FA!!+JE
M(^W(+-@;\/80Q4H1=S4,4CA ;Y1-7H.VE949/(,B6RG "!@!(V $C( 1, )&
M^3&*$KY\^/Y)N5(^T#B.'OSM'MS3O3EQ0QO8@*NQ :=?JUF]P+G=:83G4-"T
MAE!/,C L \9&GG0-80P)>:%D K-0(HSR/,G I@P8A_(D ]<R8)3Q209>9< X
MY"<9^)<!8P=/)[QX49(^C0D.]JSKL 9[UF(;#, (& $C8 2,@!$P L:Q8]P;
MOFR^K(TSIKL##>BT@7&^+>QR_TE3-UC&]^R;E:^Q.W%;%13L>/?!%IPJ%3YK
M KDSX3'*_20#PS)@[. )PS%>F<2E&Y845,B L?<GHD,+ RF%231H\"&EX$J;
M65V5@CP9, KY9#IGGG1N,^TBD$K !G,=UF"#66Q3!!@!(V $C( 1, )&P#AV
MC'LCG1["E[>WGY7W(8WO?3CY/)1H;_?D,\;7Q.0GG[6L]; /F\3#RZG ]B!H
M 6@!: %(7 :):PCK==N0@$@ZG#X8.01VI005& A'8.& $$<D1 .IYN%U;6_&
M _9V10,I'"#8VQ7=W !&P @8 2-@!(R $3".':.$D0[?!O[3#VF\/A=,-+P>
M*2'6FTC@\ >VAFML#9-KDC7%KGL81C@.!<VSV+J)+!TN6VM1 !AA6T>J#@VF
M)<\FPBXG2!PD#A('?0!] -G+*WOP>7L6SVF/6,*$A131=L,@A0,$6[.B&PO
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M@6L9,,KX) .O,F#LZ0E\ZP$(\;CG+6$BIC&QPY9S'=9@RUEL<P,8 2-@!(R
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ML;CKXNKVBT/I;2$3 H>.:Q<#BHK;+(T?1\X3[VT/^LB8Y>[Q)K!4L0-2K3G
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M6]<T'6G.83=6E%P2?W/=1)T0(+K:/FDO XF1K1)DD3+;*+!UW+>T-'[%GTY
M5A+("B,-J\C >HFQ=^C,=;M!N=-+4%KS+O@< 7CC*GT2!MY>LR5$O/][%,?1
M#S^\W[T:;KWW$-XK5_G1&6\9QS3T'C>WN6OG[VA"9JA$6WQ359%CU>[=#MSN
MX183&QGMW%TU<FX=VT8V$:,M?J_F,H@8$C"6W;2)5C%2K2.WVP"S%9FU38MW
M( )#V<(BQ \D,W[;NY.I/=;7Q6TYCG61&\R_1C!>8HUY?[5;LP.=>:M[Y&BU
M5P>P81LZ3:0Z1S8E!^'A?>+-7W(4@>_>^8$/-JXY+3+8XJ?J8.,:HE-W$,:M
MW.8Q1CHK%Y0(P?5;=^'SYC!)P4/S^7DRFJ2K0#11,,XB5@WR2[4P.@09J@D4
M-E0':R%<N\QPW#;,PLC$%2M:9/'-/JYMV=/<&SAGS:<IB*,B$W8AVD@ \>;>
M3FT/>-SFKL GLWQ8/;*E(ZZ_=GGU,L=PDW6Q6G=NIPG__^KP!.]U&KL3JBS<
MQZR!.<S(QF>DYB##-,'6=1=$]3WUAL?H(#R\M]%\[B?9=1@YECLW_$N94O["
M/Y9NUD.>9IY?_@>8MXU;1),@M?[V'S#[W*_&?&,5O+\6=-8F"!\K!A#7$?SZ
M\?9Z=0=%#H7?IK'3 B!O8 33L7;(P/P]WDP;Z&R&3F*PB5?;?0:3MJF]T9%^
M;(?LJ*<GY(G6Z?YS#N4%,9JSB<599:G(,L_V%$9)%7.J;*#J"1;L(!,?/B1=
MP8RT8B+XF^_V<'>7H^Q7H@W"D_>07G&R(=LR$78,N-I7.LD9+*ZW'+B463[)
M$8O]I]EE)->A?UA2+1IRXS<494[E]@1&(4I.Z9R]):3I4%<0@ ?P1@]OKX$3
M(M/P8756-L>17S?']ROF$3-,;ORH// [E=/LSN^-J8(L5%V,FD.04[LUY;C9
MU"UD6%"'UWA^PM TY!RKTN[09:L]PC]</TPR@W;)VWC2Y"6_Y3NW=,R;]A^8
M=7M@'W/Y?R E4V+C"AO(QF=OMHZ0*ATY]KE%UZ.AZ;+JX?L&[NT"1W44&0EB
M60@;9N610_:H[2$;/,=G@("$%= 1_]"1);DGE@;(H:"[&D@8C$FTO NH& K(
MK(;C(%4KI8(#,QW"2P:S*4I,D(P0DFG%0G=M?86,7\34:H '\,2%-S!O\-F%
MK1L(EYNZP9?U=G=%7C>:BV_$6"D+)S0=$VD8JDXD$QM!6,,(;PZK@.!D$1Q&
MNF,@4]=:2BC(XJX*LTP#/( '\#H[MLQ>FRS<\-<+[>*4+]RF-\MWOS?(;E,W
MI5EWAVBJW._=0=]NG/.&#V'B>KQ$:'.!.*ZQ"G=8Y-+@2MQET4:+L%LLAQD3
MV7OMQ-EBJ(_^_:;.)683.O_NY(>[4-Y%0>#&RD_E_3*.&JM5:@JX#,53EPY2
MK=JW,VP ;I8,VDXUN@1\[HL.+/O<BR$/633@MX'BFS8ZL[1JY?[X_2N8N!HF
MSE3/OM<7#%SK&,&FU8W9Q+)2;]]]9%9JY9&!G6K(=;C$JHFPWEA34)AL^XN<
MB0HN6M_FK)U-5"%B?B% #&J_I7B  [;))!';]C )B$QHD5V6JAS88\6O4]XP
M>?NKS>\7&V1S-[[WPQ4EZAME_>.& K69T>RB7>RN,QR@XM& ;UCP"R1_O5 O
MLI\7[F2R^7GGFZU%>LT,S@OE)O;=X#GHQ<_\=ZMQ\5]DLDO\_] K-^LS_5H)
MHW CTR2-:>K-^._B.?_('_XDG?$QJB\N=N$>7!;95QW+4VP^T5Z<4I'5V$K$
MT4<2+J>+%SD'_O2QOH _ILRYFM(X80PHZ6P;A;B+14R]U3%OON?SWXD_]T,W
M6:FU3;#U1DEF;LP^WP_Y.Q5WSKR);'_HVS\PPHZ*=-M1W(3_YAWUZ/R.QAI&
M"E&)^DJYV?F]LOH#=M"^+]J&1JLO_$%C%C-1+W"3Q)_Z=,+!%WM-/M!5*_+5
M)A4#Y\?*(O:S&TZGP=)+EZMQ):D;IZNWWV6?&-V'3,DFFR'EGYDC8%^_#-)7
MDLWB(SXDS.>&YO/96;&VYO/<]</@<3VM\^]>3>^-CF]F-?\5_>D%RV3]BX]O
M_[S=:/_7C[?9_%EU=E48N]XR6$V<.S>A^^:]C9%EV'PWN#BS<Q!\ZBN7S#R8
M*C)5Y^GK,@OP<O.Y;Z,P6]KYA9TH [)<L!_X'-[SS9KI(,/"_ <V1NH_9'<-
M\,O?V:LG=,[&_+@MQTPH5;)M:>=EJ;F\,XU_N4[\R>O;Y9RI]>.7:5[T^3&K
M^7R_KO3\SE_^G<GX]R#R_OKM[W_C7_S+SCN+([RE]]QB?<OLRY,WLS XY-KR
MC4Y_O?@01W/.XY6*V;\TRIXQN=+PQ6\[9F6E-\[.]$3*/VGP0/E485KCALE5
MICJ;&<IG9\IM4"NZ^8')8K&,%Q%C9RVGB!$7;!<9+E2O0,K:W**"M)/L;<S5
M6UT1=O?(_Y;PM\T7;NBS3V9+!)<M+\$-EI.M,;]X&['OYJFVO(OG-0VRQ89_
M_P5/-BSGX1Y]6!PQWL*Q7-+8GV?Q5\[U<^//[.>)(:_=<H]G,A<)?:ULGAI<
M!$X'#4?.3ZX_E]@OWBBM)4R["X,V-!T<S<E R*/\FBJI!EU:RH>%/&I:0%M
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M.U@,9)DJTG"CYQA:\<<^1W$Z4V[F[!?>N8Z9,+L['78-X==;J3JX9K#" D/
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M7KE<;>*_1#F.L,8Y*6D;$A7*1@UDD3)MB4HWD6H_.NYN^9="@DBUJC=%E)>
M\8UXZ^8Y&#FX5(@G2E+QTY,3C!)F5AHY[G3D3"FD%9L[_ 2YQ59F '+LPRYW
MY[G$^D.[D7 _H\43Q6"<*FPOP2GD7C:8'(?O,%7<V1#KKHW/-%4N5]FNEUF>
MZS[T_T,G.9)U#]$[-\B:A"8S"C$KQ*Q22Q!BUI&,N&;,FCT>./Y3_[S.WF-
M;V=N>$^3C^&Z^NU?O!+FR_3=JO1M_>%?\L*W09\ \C(N-@O0XFDY(/_EX9)
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M,77B:32_;2 OLE<J:/%X4-34$3,_+)0++CD9Q99M>]MSK%Z-<)X1 ^]'$"N
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MBTW*#&4L5K9A$-(CEBTB&IL[^#*"%<U]37#LMC'4"ZBNA+?(S-[!99*C7UI
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M0CN:0K.GKX0[0N&U0P"[$M.9JFFMU"&$PK*Q:5S9PJGJ!N'$V9K9Y >\Z'Y
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MW2?9D?\Y'\9L(6D";E]R8NF9^C[^&R=.E$PGC G9BE+DC"?2='(AW0)W(=#
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M ,8K+":V95LJT0[.XW;"7*+W5)T<G)UM(:>!Q]X3Y[:/X,$/699IF7NB?I,
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MCC2!'U(:Y?=#3&.*-T<DU!T%D-8/\7*49.0D4D3CJ9_D7YN$<>RQ8RQG^'6
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M]:4,G5<AWZ@I91C-<V"CII11M_1^:5N? QO<G'M-#FR(D ,;]3FPR<T#U^3
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M\"?04\U5#+*!)X8,"HH7].DX2/,5Q"M;-6,_/.WN3T3OR291600QM\_Y-[/
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M@/ZFY@JR=S>S].$CN'\:N\S9Y:XD35)4I2I>AX>S",Y#=Y+SQ(7\$TP*&%!
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M:N(WU$^[Q\V2;L'/9NQM_&"G.7:I+39K0[7G/W%[?O19^-&,IU>SQ76O]3'
MM<*5SUCL=&9MJ.:\11OM'A.CW=[U#Y3VJ<=_2HKNJ"LT:T"QWB_?\DWS]7PR
M^V,TZO1'T]%5V^,J:@3;-8K=8C=^4 QVL]Q;:C;J97MAE+SE7O"#8K%;)-_*
M2\$:V5X:)6^Y$/R@&.@6R;?R-K!&MN^,DK>$FW]4;&^+Y%L975XCV_=&R5LB
MR#\JUK-%\JT,&*^1[<]&R5M2N']4[&*+Y%N9O;U&MA^,DK?D;/^H6+P6R;<R
M77N-;#\:)6])TOY1L6XMDF]E?O8:V7XR2MZ2E?VC8LE:)-_*A.QUMM);LREE
M>>+LXY$V;$N?-ZN3KL6.M1BR'X\V9']8LB7IFDU9VU-F'X^U9=OYC%F==,W6
MK.WYLH_'FK/M?+JL3KIF@];V9-FG8RW:=CY75B==LTUK>Z;LT[%&;3N?**N3
MKMFLM3U-]NE8N[:=SY+52==LV=J>(_MTK&G;SJ?(ZJ1K-FYM3Y!].M:Z;>?S
M8S72E7WM;%1F51QK[K;ZVG;@[W8L4A,I:KZ;I:X:NMW7G<'L^GJ\^I$V496F
MU.5-!&:YJS9NC=S;W<_''A</Q)3KY5]?;):^:N1>0#;7Y<T"PLI_R%[(ON<X
MHGEP5LN]<5;^@(1W5Z[_4)UXFA*;]:+:OY>O.[WA< P>.\*SK?#?6<TZ@][R
M2^=J,ONMW=/4,KX-Z3]C#F9T7S]76:E,JKEXJUK'$+5VTU^._NL&7*L@,N??
M?=J"_[LE(5W03>=1?(EX^=]^"AG?^G Q)]_N KJ!;\ZK"RZW[L5E][\YLM>/
M.S>C@)9S;3X\/+Q^O W<UWZP?</E?)DH519&^KM9$R18*ZT\7(HV^##Z]$90
M\4;\/0T@W]B;C/>L@8A%4'U>^ID._ X?SV_.@-@EM\<BYE6H^QVA3J#]<V+D
M7>]8C%)O_4Y(!\6OG!,O'S;'XJV.M.\$=YC_2!EM1_SOKV_(?L_XDI1^X7][
MGI_T]^P3Q^T'4<<C.QKNR=H$BD&&<K[?^*D3KN_HCDS\M6C*4 7^>I75>P6?
M7G4O7O'MWF/H%)P>PT0AAN.8R.J=P$2YM??B+R=J_/-9!?C=]T?]8DC7K[?^
M/>]&[ UTPU=ONYQI_0^'=97@'Z^*VD<QP#9!*&!$Y-'W_-TA98.+[^<W4/AJ
M$[MNK23L;4#U_P:*XE^OUG[PWP7)2?W$B8(W,*K?>+[WRHMW-&#K9OHJUYPF
M%4%OGZ"_/)F9TQ@YF8M*=UC[L1<%A^/[4;EB]L>I_2EO,PX"ZJU/X:9<,__K
M!'XV)+P5@@Z#R,I&QH52Z0UUHQ#^>B('KT#5X3GX$ W5<T-="O:ZV!+SU>V_
M>1^_I<%LDP>W]=9\U\I@O?E)\/RWG\PDS'7A.;^__10%,:Q,G#WV"Z=DOK,2
MZZH3!P+!3YUDG4THF!?1+0W&$=T!&8?+]^=\01./DWP._'B?4W(2 X E=3?+
M>+-A:R8")\03&M09$"YK%ATR$':RYP;2V_%NPOXE?F*VF?C$@T1R:<24M\V
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MY(.EII6PKO$PD:SY])X$*\Z\H@\W%,13&D Z;U6F6+@?JL*8W;IL6QD.QU3
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M4L-''#.B8ZMMNLKOZ(LM^+,KRLX3)BW]G1Z*T^(YGQ7X3U&WG!;&(M(3&L"
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M8Z\<?)'ZORO;@^95T (>TJ,!-ZJ"#K#I#9X7\\Z.(N[9YIHZ; U/)&U<35C
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M%GPE;DQ-BZ.%"!VHP;+_I(NG4ZNC$T2N.'.N< L5.ECE5/L]SVF:E;^6%!W
M.?%(Y!)/35*H*T''_L E8<@VC#J]J.A<=[R%[=T\\#<LF@43/Y1O<(ZLA0[V
MR&4[/FS$P:.TJ=64H&-?A(HE:[*:^J&F$!V(E<\WW$8D)@J<< H^P['7VVR
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M3U8Z(V)@1R@+DF)C\Q@&3SY$O;3-KR<N"K$_G1TL?>S)RH0 ^3I>FE&*@W@
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M4@9F$#59Q"@#,X@:.*D)!#=75 3<6D)@C2,IW0R"@(VC*=V^@8"-HRG=<(&
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M.N%^KN(T&\[S=UJ$.:CM8<U;8X@T&)1U8S=5T'6+*22WN#</?_2F6? B#0\
MP,TO)C"%E%!9@N_",LO5$/O6.S_Y#1%:R]=%1*+DPS2_ .M+4,:);JS1WFP1
M1$&:%9U5 <+D #0?]M67I) 'W1!CGFS#^_P-#X;S]ZOIY$'BRKWUZ31>X3WF
M["9.'E*BN7D0?(>RYW@F7,@:O])\7GJ/I:^=VYVP_7=!.D5AZ$<H7J6LQ[Q$
MN@, ;C[M75\EP+SINJ0!+@("W7P6W(BL.^D\WCEQB>9Q(NM Q1S>IEB<HH+5
M! 0H^RZLUJ+E(.!\:F=@FZ)ON<R85'9)/F0?+]SR5L>U*:(&2Z="8]>L'\SH
MM<O6 4P<+;PN+)I-F[_2I5[%$3;1*VRE2W,MJ7"%P;?)!')%J<(*R9IKZ@A#
M5"=0.<\XA9]G5.9LY^D&KT9B\NQGOP3D?"V[1",T#?TT#>8!FDWB0A^&"=&(
M <J&<TDTINT3+5O_/+K6"'_U@R@E%!0]0BL=^XH=MA>E6;*2ONBA^4/-.P?-
M2L>Y^:I9,IWP20J4#Z,1ME2D$&YM NE+)KK4$OBMYGU=BS1323Z=5LXU<TT[
MFDYZF8I&]'],G_WH"5T'\SE*$-[.X%].$JP(Q2J!<*GFA.WW&GLMS+W8W(G5
M5Z'P*J?/B[[[X0IA6H(%*O\Z7.;1NK(F*<S8?C.O3Y64&=T]75J[*9*>?/&#
MD!3VXOU\ZH>[3XTH*U6=J9O/2MG3KOJL-_^04)H25(?1Y2K%44N:8H8\8IP(
M QGRSYL*"T&:/XXU(5<YW5TU"]_0[ G_.<>45S98-W&""8C>$T/*5J'&S,T?
MW-HS"K49WST=6S\179"L'K-PP)L_^K48H A9V F5>&?%M)#1[)^K4NOKJ$BM
MZ9IOZ&=49?9@L<XS-F:H4?E\6<N$ Z)[S/TLK=)<<.1A&>/(R0^#?U5V<[RG
M#G7.WWP#04-!C'XA&-<;0M&3'T1"U/FA*@ 4)NV+[DE;B76=\"%U+E/O>X.Z
MB629<F:Z;N:[I9<+M?-%/U,:OZ:DM A ^O__"VB4%55%1QD5&BU=?CI6'HS&
MQNI(2I?X+HI*]<@GA>H1/)-33*4MYMF*VV_B!/.3M$)!UZCXTXLVCY6)K\CC
MJ>K-U#+#4"7B'?GUGT4O^R*N>7_K3&1$ZL[8F,&I+4K.JMV/I:;3TC+LMIXG
M> ,+GV)AO7D;L\Z:5$ 3&SH4*LG(!;Y^KC1-8\=;M@U%5Y]2E]%5O8[#>$&S
MCHH()FWLW,RVPD@9VPGUV912HW2$YJMH=K797/92Q0X%ZG,U=DZF6UGJLK$3
M.B+CU#5:QFF0Y<6MEW[$?(*,LZQ DS5V/F;6I"@P\@^A)ML16/FPQSZ*PIRN
ML7,QVZHB8.8?0EEV7DT%MM#;9];&SLILJXZ<M7:WQ0SE)GZ4A.1IYH=A/@Y[
MU:!F:H@_6V,'9J:VP.JL_$,8BVHH#GDPJ^Z,P+S946M59F\.=$AMUFUCR5,2
M>VUK%*8!*D@',JLUN->-^^V@C7W!JKUS).MI@&K1WFQK/;([9"QD=-W&?D1X
MU)N]D+X.Z22^PN/QIE_\\/U>TP*UY@^0?05PUW10FN^HUG[N.O%?$2(/AK-C
M3NY@H,C:F_\4$6='$-<H"5[RSH/OUZ+)X?0895F8GU>S90*! XJGO1E'()U=
M\L>;$@:2]GI(T<R+%",TZ PM([RJ#^0AQF@:A A6/@0 ;D%5D9)H)5Y#P*#6
MUA_5HG]?4]&%<(O!F>+VT#Z+GCE#RP@ORLPP[MC!YO*=Q+WI[ZL@044KD"&.
MCAZSK88@PWD.TH^RG*#MK9@BQXQ_NI4&1\ D3@V@<>%TPR_?KY+I,[8V>5]?
M;+6R-](#),-&AS!CF8<=]951Q^RM-/ J^J:/Q5:N/:U71;Z%6P>A>:,*?\KK
M/U=>U@& -G^3OIXTX11V<_5[4>9'3P'>#!91AY9%KSQI\_?QM:WUF@SMAMX0
M+JVS."0^)8F=.W^&)O%6-28@M(/-T?Q%^SVU0I5=W5""/"CRHCGARW"5%7_F
M=Q7V#5_K3=K\#7L=@>D^#.W,IC OI%P6-5 CM"R<ZG"NPZ3L-77S-^XU6!H-
MS#6=_=U%\SI(IT5[7S03-CHNPS (;//7XO>*-.'LL2VL?+.<!@0'TN(X?\ 5
M)BHV9/,WVK4)2L2:3AAGO$.=(C3+B2G:S&%_4[RG_!PL-T_T>M%X]8CI#WS9
M/92:$S97@J-M)[ /)SNA*PP&E0WB]LCN,F=H&>';HKV,DR1^Q?A6-GB*?*@Y
M82LSL0+2A6M$F9&=6",;JO(G0KSB76GA:W,\B%:F056$+69%-[:\FW :[\NT
MK/R:$[8RBZJB#'LQTG@:O+>(\7:H:"(UG-^2TUA>63IS9"O3F #Q< GJTAJ]
MQL3-4#1+=VM:%9>FVCRMS%&JK,@Z;.N&0FQ'&>3YXF'BI6G>.)O46:R2M_QA
M4W" )IRBE3G(NB$9@%F=",+HRIH\(1_EVW=R!ON""96\EP.?H_FH7)5>9A91
MH:*II759)MBP=_+=?J1F@@U=WY;UYW,TS8;S]:,<(S]#99)F6,,XU)JN^2!Q
M;\W8@XTM;+0VG&_R=+F3>XY#+(*T* K;X%WIO/89U'DM;[Q63.T$D;,]^?_U
MEW'Z%V?]C8]F2+Q&Z30)ED5,OWX0@$W1&::"'#>$,7DD"O_@'CK7_?'5R+N?
M>,.!,[QQ+A_&WJ _'AM#=TP4.'D;SL?!4Y2WAXZRK4:PF,'3;8-3P?]\%__C
M0V?\<'?7&_U*<!][7P?>C7?5&TR<WM75\&$P\09?G?OAK7?E]<V1Y"V6_K1X
M$A*'V0?N!1O[BUWL3PX=[^Z^=S49$^ROAM^]ZQS8$)J2-;N-JWNTB^OIH7/5
M&W]S>H/KXB_]_W[POO=N^X.).<9NGB39>I: C:^[B^^G0^?&&_0&5U[OUO$&
MW_OCR9U17/,K-ZP>0A4\CW?Q_'SH3$:]Z[XSZE_U,4,O;TTJ*J-#5@6]DUWT
MS@YSY@TFPY')%40N!KS@&!0SKMK2NX+=Z2YVYX>$;</O_1'AFS/I_=T@CD5E
M,<EKYN6= ^R"I^5/U;N2%9P_[>)\<>@,)]_Z(^?J833J$TN%5]1@.#C8_#P>
M]PWJZ:6?!KFI6CLS$I)$L\K#']NG5N1*WWP>A 'V=QP:/U-NY>C0N>R-O=*N
M#<;8 E_W<A=#J-U:COCOV()?CKUKKT<T+/_WWLV-=^OU)@:%R2W695-(.T[L
M.>]'P_O^:/+KGYW[VUXI2&(5[PEE!M=PM?20C3#E*=UCLI(GO<%7CRP5TTJV
MR?IBWF[V$VQ4*;?H8K]X.1R-AK]@[UUH1&G*!U]MN!KZ(==M?(\IU^B>5GW-
M>#)Z,.MK<E-$-72H8$DY1/?3VO#<]WXUZV9V$LL5O"@'B+=OSFV_-S:(3^4V
M+!LMRO&Y9VO';)Q=F\YS>*V,8Z*#>7%)\+BJ5@)5$*9\H7M.%OC5\"[W@_FJ
M&0]SC<0&>#+R+A^(_37(9+I-#1MSRB.ZV"7FKILX [)\>K>W9M</MOXO08JG
MN8D3C'?!]#'"[AQOU&[]QSBY"EZ"L!^]!$D<$5K\D-R?)M;L;ZM90(:O.[VQ
MB:1<XO%1[C"^>V/B!6^&(T+RG]<B&O>Q]_>(*[GM8=/W9^?*^^[=_MGI#[Y[
MH^& < ./&GGC_RKLX=\>KKT<\+I_/QQ[EEA5X<?6M442(A!?-$)94+P]/'P,
M@R=?H+Z40SUV=_E3I1W' Y<X*)AL8@3BP'#T-_%&?3+$&5[>>E][9G6\K*<\
M6))VQ)=^N"ZY9-X1J=!+[UR/2>QZBX.<ZX/['HXB<,"$HXBKDCQL>@9CO#,T
M2@XP$7),>>AC[*''WWJC_K?A[75_-%XG.G#P,_G5"KJDRS_"/">S,I$^H=ST
M,7;3C.Q,=29#J _(XL![KQ5:'[VP]>2$<MO'V&T/<DW'N["'OG,S&MXYXYY)
M?]3_01B"TLNW@9]A+-B84H[\&#OR_M_O^P/LRIW+7YU!;_(PZIN-@38'%X4/
M)8%\B3P;:<K-'Y^MHR(2R_?R?%'I1?-POJ3'1MA)"!!C3_G\X_-JY)GC_=,:
MZ3^96XGHB5AY+YK'R4*P!BE7?XQ=_;C_-3?8W@!;^;O<8IM3Y6JC1 Y?*6=]
M@IUU_^[^=OAKO^]<]@?]&Y,N%EN@12!(;IU0SO($.TLLZSO/<$X+!W.KA#@Y
M-EZ44SO)-YGCAQ%Q9,:PZLUF>1$V630;!9S$XG=43NCL*W9BO>MKCRA@OGHV
MZNA,AD6.\^9V^(O)3/ACBGY?8;GW7[C"/Z7\V GQ8P^78^QMR3(B?L&@"L#2
M]<*T_2GMU%32]LY/Z]G-&31V:GS"WS">4NY/E"!W?BJF,D< *U,N0I]RA+Q\
MN7G4=Q/G(K0I#\A*GYM'>2N/+L*6<G_5;+IY/'?3ZB)D*2?(2JZ;1UF691>1
M0/E)8*[=/%5[)=U%)--Y7EVI=_-,X>;@1033V6)9)MZ&.:BFY 7X?Z*SQZS$
MO 6-9&;H19C3&65!GMZJQ]LD[$7HTXEG7MK>DI%;)Z1%2--I:2J+;Q[;(ITO
M0I-.1F^2^I;B!P@SZ<0SE>.W82N$R7X1_O0QZ_DA(./O6! !G?L7$4*?IO).
M *PX(6U' 2*:Z02PV0,!NYP#G@SL' V(^$7GG/<Y(-@](; 1>LN/"@3T?Z;3
MU_ # _/4T2<'(EKH_;_H_, N]MOI?Q$-=+I;?IQ@GA+&N8*("#K]S3U=,(_[
M[C&#"'$Z\\T\;+ 4N?%/'40TT,EPV-F#U5!Z^Q!"1 Q]OBT^BK"PJ*DS"1'^
M]/DS^V3"PC+8.:(084TGW%D'%>9QWCJQ$*%+I]RKYQ;F$94=%0BP/Z,3[\ #
M PL!-[/F_QIE?A"F S])\LZ5;++H;3SW#H#S4SFELYG3X/H%'33 :*2=M=J!
M@T6RJ;L#, HI3\Z^2V"5%/8A2HD FPS*KXM/4<JY_O2A71?.U.^40:^--=W@
MI-RW_!)DS])G81F#F[\MJWCGC4MP)RX^CI_C),M0LM@Z5]B^[*^@H,I3-7\C
M6%'4-9G5GJN-K"-?H;&E-B#\,]^-H;5UZ"M$G-ILL$]]FT+:96--;3&$6#NN
M=;R/V7A3FPPQWL=6CMF%^D'M,W;/V8UK!HTI6RG.J4T%!U63ZK!;%2#B[3FU
M76"7!1CGL*PN0$@$M1\ %P:TA2[Q=N"<V@ZH$FAC?[!7$810OO3YH[XJ".,:
MH(,M'&M#GWAJYXM)0Z6#,VPG=V[NRJH5SZB#,R=LSM"'L_HY<])NSIRR.6.R
MUFK-F=-V<^83FS-T499^SGQJ-V<^,SES09=[Z>?,YW9SYHS-&3H/K9\S9^WF
MC#BHNZ KUO1SR$+8QRWS%(5T%W3EF[S.TWBH)B.%'89=T.$IF!:3X96,&G;H
M=$$'E7!J#(9$,FHDBXT.".%4V3@FVBDQ%JX=.H1CUQA;2(LPL>8L$UC/$BM+
M@X,X9T70X8\8<:,I,R;BS%C?/8(6HUN(VSF("U>M>T0'$6(";&0YF(7U@O7J
M'M&.7EA9;SXC(2*!N7C=(]I?0V@PFCT04<%<R>X1[:E!5)C<Z8NHX"QKVD.#
MJ#"Y*Q=1P=QNNT>T1P9187('+:)"8JEHGPRBQH+!8EVD$9HKVD_S;](8MU4"
M[#F6BO;64O1-FBD! 6PC1??F!!!@T$()"&#;)[I9)X  @\9)0 #;--%=/ $$
M&+1+ @*8"3N7[O,)(,!@ DY  #.OYM*M0 $$&,R3"0A@IK]<NB\H@ "#Z2P!
M >=L FCW+"?@O!$"F.V8749/3SD!%\TXLB,V!34<L>,>-4,"VQDSFG\"2&C&
M&[ML=ZS0#W2+A&;\L<MVR(QFH0 2FO'(+MLE,_J* DAHQB>[;*?,Z$$*(*$9
MK^RRW3*C*RF A&;\LLMVS(SVI  2FO',+MLUT\U'(20TXYO9;R6X=']0" G-
M>&?QQI_N_ F@Q,*NO]*"0K3=I[M_LGI0V*F3V\%7S'FZ Z@ <1LL+_IHB'A-
MM__<;J31TMLO.5E;=_Y%UPKHL2V[0O$UB=-4A2(.0/,W7WA$4!<AA"1KO/?"
M?(SU/D$IMJ7?_7"%>K-_KHK:B6*EB"6 H<' S5].D4E#A1JN9%KX/&=9V:RR
MHK@@P#5UU(I5)2&\$_?)!G$T59>?" HJPB:7(H@0B!1M7@:KQ!;L7 O=L9L1
M7)@\Z:C@R$ZFT VZ63@:3)Y4<&1G2^@VW"P<#69'*CBRTR%TYVT6CJ?U0DFF
M(R^;AN1MCT@CP?B^? )^$&=>- U7,_*TZ%W^S'#Y("/ J."9M4S<,L-*T;2Y
MC%K(]B9.?GD.IL_DIM93E'>PZ/] B[S?PS<_O40H(D^UBJRPMD\T%LGJDCW'
MNFN602<<.D5S02KF6OSZDL>=>>V5"?7;\TN-1?"VM5"+1+JIC-_])"#IG9P%
M6MP'G\U[?PNFD"?=5TA-4FEIJ,P^BJ%?!&&%3P:/7BHX2M*<=*J<@:N%]&:E
M#Z\PRTFGQ!F->"T4IXLZ\0H)H%/BH,?WVD(4>W](OS2B2)79@GP 7>P])?W\
MB"I=1NOU 72Q]Z'T$R2J=)UHW/_E6>1K-$=)@F:$GLKCM-4M'6^LOK3R>O(M
M1W3ODTP.:<_J1V]LO.1036Z&Q!S>2B1#B=>9019*88/LL9COV^.:#/B5.4T3
MV(D(?( RR(I]3X@RQS=_U"6B8TM:$K$:/NEBK,KM^\%@BU0%:OYD"\A\(/D2
MFV1SGP!RS>ST*_V\EJIK-EB9!J*+O2^BW]]2I<O@G@E$EW@O1;_8I4J?C7T6
M_=B&:+-"/^PE>&W#Q@UZ;<]M"*FF&WR;?F^CB[SC[ 3M/U9BI]V!;O9Q-IST
MVR6VV&>VOX)N]HF-,?U4FC4VVNF*LN?K.2+S1S_6IOGY'*O&;B_^2)2,;A5O
MA%$V5 KRY)!0:>CG853>'#*N$@KTL?T:_4Y='0+-MF8%D\CV/?0C=[5(/&Y;
MD?%_H;<[/_*?\E.F>Y2D<12A</NQ)5'B @+=LMR,'.5-O0+OD?MZG!!,VWRF
M!ZX&U,&F!H9V(JDGI_,^3C&7"8EDB!ZMX<W9?'[*J,J(6=F>,V\%O\(^;*(?
M'ZWE5PQ612J0* D)Z=1!'5)M/)E$O<(H#._H7;WX&4;C 1T7?T[X1N^K0028
M#-BX)+##,\:SGC 2#&[LN22P+8'R:YX6UCZ7!/%*9SSJ"2/%\MK>]CBB%<YX
MWQ/R2.E>]PHYM[IB[ ?QSKT7YD#L\#R_\\08V+* JL#Q-D[37E8<)^0O9\3#
MUPAS=#@OSM9%X1-TAB:K"P0BH^(B-8Z8/EB]\I<!R36B%"4OO(-4:E"3]04
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M_$QG,<5XD^Q?NQ(*PR5*\LMU)>&BU $]MF79D:LXQ4XF7SPB.BK#FC]'Y(F
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MJ?'*EO'U(^,Q0!PQ]K?V;!8L [;:JT\?%OJV(>0])2M,XY?[)4HTRA>(%6=
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MT%I>.IO'9G,9KYFM3V0\+YUCE15=)D%F=]2TI9<N5"&CNDSBK"77EFF]=)V
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M^AU!H3"W_JB@L)S("P1T9  W*>=62[;1HI?-;)^]QF@FAJ!@%O 7,?:22;?
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M % [XO&Y5_=P(ZE F*S?RA,_]^]DR>NQ12U-MWZV_?C<MWNZ5!!0_]8O[.R
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MM!NW:O,5F^H?8AYV#5O5<3]>8/IZ+)*I6=ATW*K-L6NJ:0G_H+(M>VSYG<)
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MW13$%@'9%,3.H1"W7= G4Q#;V.GLB"$[7SGL5QDJ,<*5Y*1TQ>]?O%9OY8$
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MV\NX>0E:9>"3TU5OZ,N)VS'J.NKPX91QQ+[:F@00U&7^T\+A&#RIT%Y8 >W
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M9Z62M/8W _10$CP7KZ,2+XXMY<'K]N&FW"%0994*1.>$F\\3,WKGNM^3UJH
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M1E%+))PY0FH1P".R7>?S5\9?M/EZ/]R_9],-(W8=XHQ)@= DKB7>S1P3(VE
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M.6*_M=]Q1-3@F;S8;G*C^]!;P?20V! $-TH.P>4@Z-$CH00$Q7:3&]V/!52
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M[JG'R?KT3R?L'Q@MDC>/"+OU!/AWV&7Z-E>92!KK<KJ .XIYYX&UOSF894S
M6PH8S2<W)GC<E4[ND#9:6(Z>CU[]13K'1>:G);* UO997Z2,#;1'B\U[W)3C
M/<Y:COFP1WG'?#CFPS$?COEPS(?]Z#GFPS$?COEPS(?V,3UX7?CS]"I(.WF)
M<$P6@N]HP;_\+?>%YFH3'W^,E%=0BV=.Q5Y3 ^WD"?E1^O,M!D24%6*VM0\,
MOBKV3+?1*EHN5C%5W?.3;B BM%CM[4-/K YXU%-:FA/'2>2GS[6-P[:7K%#D
MHPW+]KC"XW"(O? #1Y\]_]U/$/Q6784/V0?:$7J"9SKCYN.6ZOM,E6(:B#<]
M);K;!WQI[2"XE=XQ5\1'6X>&2!G(^.;='E<0R[$./:$V$'R-W @'P@GG['#"
M;<EPPKD+)]BCO LGN'"""R>X<((+)]B/G@LGN'"""R>X<(* 5LZ0V8-9AN9^
MI=7^/*"RGJB7?2Z;K%*JN7X7XZGRC%$9J&H([)AW\'M811$1?82C#]_#M&1N
M'R=Y3?.\'@_WTA^S;0A44U!UM**^T;"])KTI#+JN$GK$@*CR/=O&1&4=[0E[
MI"<,_W5%31*/0[HA'K-*E/Z:;4.BHH:J R/U#8@MX_N"_.D@>D&?(OJ/V<$V
M6&$E5$=5F"?N7425%HZ=@V^:%II98F90=!MB'A?LF,==R9C'A8MYV*.\BWFX
MF(>+>;B8AXMYV(^>BWFXF(>+>;B8AX8QS4Q,YXTY9@?[ B42^JB.D3#=Z"U?
M5Y7<)-\H]0G[D*JDH3T3T%+R2MT$+,]CF1>I8%"L]Y_T_U]0E/B>OT1!$JLE
MJ4M_W^(AHDQ]>X(<0YRLHF 0[+>G(X9/Z8]9/%:JZ2H1[&B<U;UDLKJWOY=D
M=2\=JVN/\H[5=:RN8W4=J^M87?O1<ZRN8W4=J^M871U\Q*^51ZN0:5":4FO>
M8O=+IM2J&Q[*LVN57H*A4GD)GJK@CN@#954_9Q_ 1VMK#U7]E1B2)C0.@@>R
M7\YQW TZLQE1?3!+"^'XP;R@<*KG.$S_\8")ZL&<MR@H^@G[AE$M%E#-60-A
M2+J2;9:U)V(1Z'H1%(*4[&X?IJ6ULX%*OF)3R:V25/*5HY+M4=Y1R;\HE?Q
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MYU 3#=%.K$D'%9"@--2D^\LHC- 6TB_Y!NV.N;]CGD<=,)@-KQ!/2F<+:.O
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M9S:Z0^S/U7!Q6BW4N#8=\@#(+8*IQGG)C[W-RA2DJAE7X]GH;:\A),79",C
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M#- @U&/GUY5+:0'$BE!E,W#B=OB5[P],DY3I,18G![42,6"]I6ZWT:URM^N
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M"I.4??P#Q2N<;";1W_?YJK%^C]QFX6UKW(UZM2-NA@>A+#>.TOYW805VN1F
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M.5OZ$E#/JI1:<C0+0E;]N$J[B\(<?/>^5-8L:=Q'A.M2!O9._ @=;=RI]/J
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M54%(6N=G$-::DX%7Y]$.9?@1+ME,-S&TJ0;G;17=1+-:&5>!@FAN$S-I!;O
M @'F"AC:<Y/M#B9/&-[$A/*CP'%$+BA,L3[KM]W$FU]W)%^Y>0L^"+DXDI1O
M-2K,0&4'(@)RRX%O5V,?ECR1*S0G2402# VNQ(#U=N^:C6YU"9L.&(1.;.RD
M&RYR/(@0*"U\^I<[Q!2YIQN\@@\41IH[;EPLO'L7,W7)N:CA06C&C:/>M33,
M@+ ;?%HA+A4T>A05R./$0D.P,;/H(,(0@HZ6:FY1(#UXBYOE[0VBE#QC*")=
M$D(CQ#=98'E%LTD)O:R]I0KJ7Z4JB9"[:1"BZL]72CRTO 5GX.9Z/I_],IV
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M-W/0$:SG#%U$2.Y RTZ>+I3 1D9'G/ $VAYR4,A'"_5R,&#]9ZK1T)7SU'2
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M)">09[2JL8"#1]3%)>([_&PF$Z&O_X%>M;63<'Z5H:'9ED8'%) VU,PTXBC
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M* #P$D;4W9]1'/]'0EZ2!8(I25 DSCUUM\H<\'ZU9J'=5ID&')"^S PURH*
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M9;$!#9<=E* 9",7:QP(N-EQ=[[_A$P0LC1?^FK$[P]  HUI(&?"&@3!SA1G
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M\+&#8F :;V-$@ST(R W368; [^Q#\ GOM[S![ @?T+=;1O(\8BFU*VAIJ-S
M2$(:!&34^O7A\41VC0D+P#R ,%U'(%CK;;X:9]E\+L1%1LC6X'T>[^@S5)2!
M(=D^_>G^Z>L]>'A9? '+6="WPI!%R(W"F]-3A*LN*I?50GJWP%.H?8DX 7%
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M'IMZ#GX)DHZ?QC(#'12##6%F#;A.:PFDCD!.5@M)=;JJD8(6VF6>)K'B$NQ
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M4/OQVE_"^'9]=43%^FXL5GYO(X99_/<C]0YU1ZE_PGB>-0%$RI[$&7.[ L
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M2A)!("L5>??SWQZ^(>\^)QDC[W\_G_=FPCW%I#-;"<8VM0R*YI&T)N9A\NF
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M"4S6YHRVLYTH"I)W4/2;WQ:%(5\#KXJ?QZ<LC)A<4Z3S^#%+@B^PGRZ'[W)
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M7!6BB 7%W6*Z$Q",X3811:3$:[JA*[/W@EO!Z1P:QE2D\G%P*87"6$9![;I
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M+!^--KE6*;\&9ZQ"O[DUBN W-A/<$:8&-A)-9VC-;;O9[<D@X^<8Q.#XU!'
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M<_V;MV M84 HJD^)_!85^Y\A:04XMIM#Q+H6G&P(&561<FQQ*H7"GD9![8Q
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MQ"@[[2C2 [=I: 9!1&.#'5W;JN2V:T=5BHK3K+F,J^R[*L1+GR7TBTX66F<
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M0C9ZGSBZ,(KYZQ#$UMV@YW3F1R\=$=ZM]0,]ZRIRTGWYQSW\;VW7E9YPIWZ
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M@VC]/-$YW\KP\V[SS,1B68_%50^V5SO.?& !XR]RO9O_FWVM>)S2:5>/IVB
MYGKR&(W>5Q GK49GS:E4JE 9CG'S#AYQ"_2/<(2:_L@B4^I#D]!4(ZH=8#&"
M=B6\6T<O+#O;0;+9)/EQ=DK6LLB90^,T?+UJV#L2TP?$Z;BA&7Y&P;,9D]D-
M<"774;(K,T8*!/X< ;WFX$%X7W5,-3K^@F5 )'6?G&\@=7*>\W3IVCRA03XQ
ML3%9JT5PL@[>"]04C[62PM'=^Z!U[* 2_DU:)&>2&ZO->8R@M+KR>KU<<<SC
M*YJN3?5Q*#29<3A7H#24P1(XC,859O] \IRG.!)%63AV#V3I,YF3RK\$\UON
MNVBL65=H.G.Q :S,HRV!Q!PLL+KT*T$=,8]I4;Q[Y)LTXQN5.*GA/EC,H4_)
M1W9/N?QOW8FI,P^/U#+M+OB@*C:72Z-4>#?7XW"W[;E1LGH4DR5R:)-[71X2
M,"YO2^*FUVM219*M3_H'.7:=0O/$B^9^:SAIA?K-A&[ N>'\62KRP?9V%X>?
MJ/C"3#=M0P6\9*.P C=FH.A(>[<J9XC=P,]E(758EL^62UF.;%3!\UM-E1KP
M/HEX8'(8'Y#W8C,VV$:3:0OCLQ@+P@&#J5(TDJTJ=JX<:T&4@/\K3)V;#==)
M(57F)E.]>L4GS*HV"+J63LTJB\-4A@$:$JA9BY!_J/^<)\ZNY<-W<A:=9VQC
M?#0^6,2SU73 #UA.*8_9>MH@'2VH+$;^ 7\DZL]'F]+Y-G57=,LS\(\I:V!?
M$QI$I]V>V<&VEN,=.>^6Y@"N<Z= O[#O$O'=EN[UDSH:G.F6\!./^6:WT7$/
MBH 'BR4 6 CY]ZOBZX;N,Z+L5,/4Z.H4XY5S0>_F= C:MGWEY>5Z&A24H2O4
MNZO)3*]^='HODI5LH%3^]Q<6R*5>:K2XX2(^#K3[P)N.LTWR*,S*$63_4?8V
M+PA_@))R 9Z>R8*DF:?R2W+-?_.VY8)90MN;Q::RE#Z0A7689%!81 \PP]%.
M+@KGV5+V?"^]9UMI6R\LA$]F8A? KJ_:)QJJ,51@,I=J)^"E>W6O- K[<(+8
M<;O."\'\4I:J;=G/?[23N]U&^P+*QUVX&CX6M!;S<M S4 GC>8^E# I;&@%T
MX/0G* H36IC:LRI^GG6,2.04Q\*9.LTV3:LM@<G6*$9@Y8JD\2L*"S!"ZD;L
MTD*3W1[\4+AVR17V+8]I'/!X]8/Z)Y-+Y8BR7H8-E^H8QXZ^@BC,9RS:@5&D
M=.E3^Z)EH8.LM)*S[XFNV;/\H]R?R<GUA0FSM0T5\+$?L@,W[8:ZTBB,R0EB
M_TXH+(JIN$BZ(-[CP/JIYI,$D,+=B_RKM'I6GB>8KC8.4S'M\>'XRK7B8SJ7
M]VZ\1X"V'W2KDR%0H2_7<B75 1'Y1W:2BQ//YGUGN8LY7 U",^]4\@!3OT-S
MCW,D\&-,/H);'GZ26Q[C8F >AVP30U9!ON&FC45;8*K)W@RLF-R;OWHW$"ND
M-O6E$%%29]I8A'#<(8?*3S1C\";AFF[D<L$<,=PJ.]W&80!NM5&P"**@?PA=
M=R-0R)--7H"$NL1YK(+NT]M$W"6I.G<WO"RU2DUF"7:(I0UT17"P;\75X5U*
MJGB]$(HNO\L \?,<8H>_[/1Y)Z#3H8>?Z-LL#A^3@,,M<>4J">ZWIM/7T2HF
M.^@^L'+ET??(\B@,[4#0W7E(Q8V6JUX5LB%591N1=95#]9F,,E3!4M-;2>4L
M^.>.I_KO-3<\D6SE5G;_=YZM<X<&GD+\8!U6PM@NQRN=SG!/U0"5*1^K$8EQ
MGZ@:G=N@7#&\%;B__T^ZV?[UAKQ*%56DDB!7]JN*)4'>Q4DFE^7OWZO^\>'/
M1X<=LZR^)2P:S<)$G0@^\-4Z6RQ_,KZ5ZI&=;DT^ +=:GEL$49C9$+KN8*GD
M"<T+D/GMP^/[/Y+OB"H*D_CN^)=51@-I!+^M@)H"V=A%IPN&V ^VBGIHED-A
M' /@NG$,:^)JK*#%6-,T#SVBJ 'E/&-),<8])?=;!L-CLLO@W^*5Y>WN4(&I
MI\-^X.VISBR-PH2<(#I/4;*PLJEX=;['NE>-R6\>/^Z>Y3]S*CA+\PI8C,BY
MY&2N4..J4GI'N15#85_CL'9\J)H+'0B 7BM?FMS9;*WJ'>9578Y>A_SJ[5U.
MY:<?Q494JSNH.11&88.'(.X;\NJ/J7(U#5,D3&DZ3Q0KEA50Y ;:/,X99":+
M866#5X:P:@M,:B$9Q":ZLYB)#5HWN696+IS@(.($@\\TUWR?)5YU)"/GYYL7
M.):900[1![9-!/S;O4IKXGZE/4J?OXN_ ZIMOP$<H<S[V'>J&O3?"<9)_%VI
MD#"ED:CDM$04.HG.F'-9M^)N#74WZHI\M$[LW:93_6.[SAWRF_3#:G'"+A2Y
MW;*?:8(OU^_[1QJI0'%9$GR9O?'.]9==$D],/$><W8.4(N2IROGP#Q!&/*@U
MXW/.TW37<9T<$O83@=<$V!Q9MRZ):.#H@6>/C:J"HA*NA,\?"5>#LH5'M8MZ
MB8IK &N,C5N3PS34#&!T,XEO=3QQ?Z&C])G, X-@^I85<U,&SW@_B+"3R36C
MV4[VJCV$L05)O*/\/17*F.0"1-F7M>I=P6E'=QO0I@FUI1"-ZA9H'=M1G78K
M(.$$9-9[^/]@#:?[\KFN:'6XWFM6I+S*S=QXL6B5G>Z*=@!N=45K$?1N%"[H
M#/XL928QR.J:W^:?_^'6-7O.Y#X%?+ADN97)-:Q7W,OS+ MHXXNLEBP*ZW
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MF.?5+GW;>XFTE,%+9S_@T0L.4:G+LW#&6(Y6'EC&A9JY9MTD$79)S-1U81Y
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M%X)=,\%?), 72RQWBQ@N6GHQCF9'@%.+@ N00I]_FGK)P4O):8CPU_I_2^2
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M+\@*/=X(,D^_""?545$Z/ ^0MKNSVF\(&_B@0W]_#5W;IRYK<4P[C6Z1PT5
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M-:1\[T;*]Q= RO=?#2F_=R/E]Q= RN^_&E+^X$;*'RZ E#]\-:3\T8V4/UX
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M,*52N?VM<Z4>=Q25A\(_=WP+S6$AS2*'B[%^D([]J.9C4:CQR PLVV]ID!_
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MFCFT1;!Q;,$W-,A".44=+4OZXZ TS8][61>Y4XD?=\_R9TZ%<64Z7 8A2TZ
MW>[H-7M5#WO> Y6@DJ0UG?X(A8,AB-"LCN*8_5#%+HN0P%Z@[@,E4)=J5?E9
MI:?P KI6</QPS9?J*"[C8$X/\G_2A?@IAO!$81]U;F414CD*^#AJU9%+V-!-
MH)>J.\2=5N^)[6V2LE"OT U\UG[%QE@7FM75K-@?;O-2.E0F^%#X?>V6P[EF
M:<9C5=79<R9H8&6B*XF2%2M,UYE,LQ16:N1V7NGQ2E/^TFH1JRN.=1*%$C$$
M!\CVQ4&2<6$RHC1..L= [Z58/S!M<)SK]D1L&7OYB;X])N!Q^L@"N361%://
MB;B2Z"*( !&_P"Y%-5;TP-,O]L7+D1JQ&<!IJN,^6]8"5LM9D:3JDR3-OTDB
M^"@)X*MJR\CJWR4"/NS7DN0_C8E>[EP0J5VXH1Y//\S/F *6/U >B83:WKBT
M?D9%EAF;(R6B*.RKT5_IODS(:V_[KA0Z"JP01S A=519A?TPDC&3AVGQ[\A:
MO0%J[+41[,^44ZFOAI['GY.-7/]&3TQLX$&4<G6+;J/DU=83' JAH\@5\4'\
M\9C$6CO)0+V:2)1;7T26\@L>[P$?Z.LG"1'<"Z'6\WB[LWGR]8@BHW,(I_-@
M)YDI-"G.N-+EFZ=A>I"S<C097AA@-+I1V=ML!+0%<+6_!9UK\S-():S+^VK]
MRMWZ$PMY0*,KB'WQ4?Y+N(AG*S:#J&ZW<EQ-C-R,*(Z.N?'8NQ.5?L=:NI5O
MM"*YP9&:R#.H(C!UK1AYI]01K>\;+VP7CA65D\:2FR]"^V21\3@(M/]JM'(W
MJ7N;%"K\],K2 >;CWNHU9)9"RHT!HBLK*=QV>O4!,E?#-EW992^ F^-6Y1;.
M?"[$W3SP+L'E[A@?.U0N=;(BR2KF<F;\@?+X+DG31?S -G(&W0F5PW>Q_,RR
M:_7$,\Q?!Q57$7OUKMY WY$:L3%]FNHX7<F)\FMD!>]E(_D]6+*(^A?!B&*6
MY0]OP^)U%8F*S^J0!1[-28=GO'D+HEVJ_C@/-ND\KH>;L9B-0TF,YN$.^X!Q
MO/@ \,Z*3\!?N/P(K'.W7._==8@8[[Q#)X'.8N\7O>0/%\=K <[8QXP&!?=J
M,%##0F_O]\-_+4"R;3'6$4'&HPU?3^#URN4%05#G9I3JWO;'-H@:H#G%LT+7
MZHNX$R*I(X"X[2MTE]/\M971 SRS7"Q_2KOQPVQRR,CH!>DX:=27BD(]/)63
MQR[U$T3L0:*8"<%H-X=B[2=D++1QC5^TR9^H5N&KT?75D'Y^:6KY^N_HFM\
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M> INH*'V*S8&NM"<&W]9%?74ZG,I$&=RQ6^9? PBV-K?@L]U]%%1@PH-GEB
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MSEE7)?V<\^"'! QY_^[%BE=UQ!/, JMMF8^@VZ5#B:I!2+OY$'@(,#,Q,:;
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MW,FFW9I/VU:ES,N0$_:RO+6CU]IGVP2H8#-)-\DNF[=/)+YO,)[3ZS0O^"Z
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MZ#-.*;)6#KZL%K1 !DKS>PL@'H^%_-3V.:?1,EE#YK&"O;#BM$A(?,J9]:V
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M=^O:I_48*J .U'S'Y-4)HX:944^+:CX<$;&_>VY%G(Z; @BFOD<XT^;\'&L
M0T>)"HI! 8>FJ6--[@T&V,(4IT4A8^R)P&OIZC41B:,>2=8)U>E2#A5$#N+J
M-GD05:Y5%L)3I:*TB#$GROM&,(E&9S4=)8)%Q5) $RY)A&(^NV=Y2&,N(4W+
M_#S^G;IKT(,R7NYO_XH((@=Q>S;_=M%>:#\5S\\;?O(X02$CL&'XM"E036Y:
MP?0Q$*C(7.QOE-3;>*4LD)&!)257@-JWR-#[-B51369. O>L.7R75D6X_$&>
M57[T!IK,50X)9LX74-CWR)Q,L8CR*0.,&_!S9()J@$V5O8NJY!/\ *EV?OS0
MVU(DL#5L^-4AV_T-5S'!7Z>'8T;W$&'WA2JMWI/B-Q;'#VEQ1?GA+B9YSK8,
M0M[+-JX@RWW^0(O5UFBVF(DY*DV9NTUZ=_6P74%MRN!5!*^\#N'1O('4Z$TU
MH%Y'J7UI)E(]?1"YO?GVU8\)Y"P#_"(,(60^UWD9!?J\@V0/0KHYD2G^#S%U
M5CW5MYS,QQG!<O).#>K92&>K NU4]7[SU'^[2>K]9RC,L]-X/[FI"8)9Q$%(
M!SBQ/)"R1DC7;DSC<DB^WHR-&1&1<1Z2.U3;YM6V?M:0J^6%1I_2[#,$@)>&
MG'M:[--(#]QT?JCPG:$9O3!6(C>\2'31.EJ(W$,UYX!4K(,MGUY+$72?2NO9
M0;#WIBB01Q@Z E:>)Q'Z/^<[C(CRW<>6D3I$^2+DTF8TXDM08^GCG\H#C9;)
M%;2(YCD?$AN6G*4N.%>C]ZH-E9*]>R.[*@@55GHG5GB9PR&'19VUZJT"QQ-5
MLUCJF[KA,U0.Z9TWJGI8=ZKZA:%7)G7)RW ?Y.P/^J%ZGI!"A/H0:@O5-B-J
MTL/P0EPD^@*9!KA,91+1+"\X.Q@'L@9>+0A:G/XY;SD'U!DF?+S1;UV97IT@
M+<XAT63NTE,AL!A;"-=/^Z(C]VFJS"C)Z0V5_RZ3VS=PJ>+'HOK:KLJ%,7A_
M.8$1JAGE$OG[3H22!XQRJKBTKD$_J&L!!!>CB^CW4H4*YBMRT_;J7W"'3(HT
M,]ZV.3! !?<4N7N/NAL>8L\1*2["EBU^^A$T@#6L_-](T/R);OGB<%T?2Q=Y
M?;>U"$5R,2/8KEQ0(3Y9>,WH5DY5%-9<8/4A:!WS2=ZZ\",U/R1CO#_//6<D
MJLQA*D2(S5BW8H1* RZ1?VSL5R,^^*&:!<38+X!E=33)@Z/DBE85;@_'.#U1
M>D43"J>W,5^+Z?R^*\6P:,9$_:"*<["1K%$X>517?(^$35TGK!F@TH,I<O=7
M!\F#CW6&<5TX?X^T3/(B$\D0X7)D38LBUF:N'B^!P #L**CYZ96IJ(\@22-3
MD[)S&/WBIO)  N=%H@_,R=;,_-G[U66E>"7P.0=[E?7\:U<6U=3K*++N:C?8
M0GGY$N*',A=&MA\Q3+G=BRDNZZ,*YO><*A.EM(.O^$ET4S333[[:BB*W8+;C
M@K<7)?E2T4(;WKE25&KTK=IJN$ $+:SB-((55EF!JWL(82/80 [XNGZP]$IK
M$%4B=/<,K!(#@P(_<KCV?+(4]SOZW+B3=/1ROJC4<,;F]+SK%&MU'6;.,(Q0
MCRH_GVIP"LM;M>D23WM!M(Z)V;H0DBV+FZRZA6RT-(+AW\VO?.&H=V2'=+!/
M;<70&._EI$8XKL^W<8OH1>2PAXUTRI7VGD3T.96WM%7(8O.^U:8T*OB=A=;N
M78GB(%_Z (_@ *9#OHF0-\T1O,#RCFUGBVX]TNW*HL/5063[$PFJ 5MGVQ#O
M:I;RB:?!04E/BPJT$1&-N4;D@R&PTHH"/@P]$-]6.1JOMG=@D>@;<C0T2'8]
M@Z+U##$:8G\OYOD0C&@2Y5VK;YUY9FQR<^& :K1,$KP?HEDQT5J\MW7Z'@23
MG69*MP;9KBPJ>!U%ME_!4(':M^.*'5D2P3]PW'XA,9RF;-V6]*51 >LLM-%!
MZ?PV4MBO8 ,J?J -(QR3\RJ+N.)E)^$.;#,7GQ= !:&-G&,S;:J*!;DHA\,J
M(-]R5GME8<>8X M_$4M40,_3DA$+@>1;.9M5?@?8/.+K2+Z:)R#@S-W=[@[1
M(MGV6HFHO2PP%/*2;>1PX+/(:GO+3Z4',#7PO0+7W3L(0MHW:CV+5^'TK;B*
MT_!K%[.+F"$!=9XV]!ZQ7,+5AUJ$>QJ5,54'M '_ C,E%D#'!>RA92SB;9D5
M[HF&8'IF*E2+H5$X39S7B)X%./2?[J=R"3_!Z^"$=D=!YS.2URDFJ71QCUMT
MGCTD9.2XAS39VD1X'2Z#:@!8BFIP+U !]2"""IK@KD*T)C:@$V9#Q?#!9B6M
M'KFD%0X1 7I5^.?BM$R>:,YG57BDN]WR%0[V); U)8EFH;<I@V3)=Q)5'W1O
MN+"W_$6MLZ/VP-0F0 *&62Y]^K,6I;=NUO<MJ@XU]N(O&3])\MT37])+//$2
MFOESZ$!A0X\ !2<QAZ+CQL(.B^/91S?UA<EDWJ5#A<> >.9D'[4KG;^G6> J
MFC/AW_6\S])RM]?$)\B-_H1ZK"[EBFH7-EMC^MF9&\9!(3EKPS/D'X9]+CW>
MD^3'-">QJWZ,ET.E 0[B:C()RZ)H(:3'C$(L&ZYGKBC:%,4%I)/$_9=:36E<
M<+9R=-I :$&.8&UUD5*_H3>6\S;:GMAN7Z3;,J=#5HHN%0(P+(3KA9P!PI_2
M[4^<U+>YJ.NZH-;QV^V6AL5J>[WG@E-^ /R49I3MDMNW4/SE"6(MM6,X90RN
M,\&QQ=J#YYM4C6J6_;8MMG$RJ3975(@ M]>R2G%WO95B!%3)$60@R(?S^%E2
M%NF1A,H/J;THV<TN0R50Z9&5H,.+=.9]#JH3#V[Y@O2<BH5)-.&::]FN%^+(
M@AS!:N BI3$Y.(<IW27L#QF63D79!)<1SBTX49*A,2$9)K0'6E1SUPWC,TL&
M$?+R[HTZWW?\DJ81A.9U6B"<N:,:N[,WRF6:A_#&]6P>-?5\Z#]K$MOVG:K,
MHW']O -,%O9S*B03P8AP)EO[.;G?B\3Z0<;0M6%#A*#CQV737PEN:D+O<7[4
M0K!*QGI_H  J)&SD-,;MJ1+2I(D_C,0[XC3)TYA%ZI7,]=6Z.QGU*1"@,")8
M/UD,A+0]DICO0JK("=YF__I -# 7C5,C <%22/VJ8"KF-1E]-43A?/JQBXF!
M# D88]*9;Z;.Z#WGC6,D;H5.N:$Y/ZV#4\0BAY0J(CE4_751?"(L^T+BTA!-
M\B*6"&"=NR7Z5';@(]0.%Q/5?.%UW5YR;E- PJU@R[D'+\#>Q\(EYHYELCB(
MH)?J%?QS>I9^I[>6V11"XE/I)JOQS;$\\M0VK ^U?Q^6T[;IG4*5'4>T,U]M
M^>\MCYW:G#B6ZW V]JC.V_.WRCY933N?T <Q.5 18 K^VGX8U+*UIG5]7OW:
MQ?0(3:BW[$WD&]WTJM>H*9Q0*<]%#=#YT,O%01CT?E 'FQ_A9!/5+%N9(%JK
MB#=E$.%3%DE4153ALVJ9%US^S(#Y0 %4T-K(V450E!&K1!T>IDCY,J'*>5C;
M'WG'</T0.Y<FG*:,X##P0LBR&()=W11I^V=:J_(>X.MZ*&J>L6A(D, R))DN
MLS L<2H[3A[\%"RO[]?\G]N8AD7&0G@%&V8T8E[L#>W+L=YH.?N(I//U,@W=
M^7E^*,>G6IFN18;<Y_.M^/.Z/!YC9EQ-K(JB6E?<)-:_LU-I"3 \LN,"4(C
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M+J[O-<Z";_2N?89H,77]F(A:& R%/$#2!$D"(WX5(DG%R)&/O<+>6V"K0DA
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M=J\A&9/&0RIXD/JFK?78JC^:P;Q2VJ[#DL[FIUG )P RBIF46,##5M7/Z.3
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M0=#</6C898O1S-ROQLAG1I@IZ<TI@?1(]?;;3G-&-R2JA@W##'7T3YL5FO>
MT8[[CYK[I@-.W>6/"-,LN4S[&>]@'88/7KP)<?PV7"CB@W5O/5I#.^ 0;N;F
M4@#@NL^R3O""0Q*POQUMS?28I6H$6:UPQ)JR*A<+H2C(=_XBGW# @]O0.5@<
M<".B\;A.')>29X?HZR]C/G?SK1QPFR[#(!'91C"F4T/XA:W]Z/ZM%\S1*J!;
M A]I45L'?(K+X"V'X#*/W%-S3"_H?,-1$D^VWQ 2311F B\TG ,>R-7;M32
MO$S)4D):RGO."9_DJHWJ!MUN %>N--]3U NVNDDPSY[\8I?'W%4".!"4@8[X
M/18ETW7KP>E;[6[[VOUW&GKS79CQX834>>.&C@@5B.IM@B5YJWK^UH.TAJ6>
MGU)JI)B/O#!^ W,\!UNQ<:%\K]Z>6 W?*X+AW#<*]HH1T/DH_)RTAH&*1O7&
MP)JW! YXEUD43 7$<;WXC$I61J8D@T(EK'J[7LT2I@36W9UG7]4616.TV 3S
MUCZXO!E)JLE+2_^"QX)*2/5FOHHEI"B,?X:-**^^M]&:1#A.;.7W7O"'Q@8$
M&@PJ5M4;)XUN/!I NKOAJ$C*7N%&WIN>0@0<#BH?U1M3:Y8/"9@V=QZN&I7,
M=3O)J!UZKPB-<?0'7S<2-H:RMGJ#9V4*CP*(\UW:G=7:)V\(;:O: (,WRHP*
M#B%T5!HJ <'1]:[<N]AEBFEO4>SY?M*.7JTPZ/U99S2HC%1O*S5D(M&'\GRW
ME&/-:[=IEME.1"-"Q>3,+*BZD)Z+J.25]#[Q H95<_["@NVC*6G1]E1K"TO9
M/Z3#0H7&5?-K-2BX+CF[N,F1A\N9/S2&@4J&\];7 N YETZYC4+\0B?+<E?M
MJH*R1\L)BF,_><3D7SH@_:",=M4("B33/F<MV]75?K):PT#%QGG+: 'P:GBE
MS5][>,054S7X(T$9ZJI-LC#A)=5/E_/*[N,G*=:/$8LKT+PR0$> "H_S!DL]
MR"Y1:-($SQ0&JEEM4T)M0U729"Y#ND<^Q9GJY-N<T)T@3K#)WK'2X$:PM!G_
M-%1,#7J;%DJW5Q-/+O-V--J$LV>Z_TNB=$O(;!6C@_.'.2:6U2'KG,:576S)
MM7"G822%=2DH F_X;7D?0%<HT]UQ@=7"Y-+WDM/ _DJV$.U!H4)D,)2^Y,Y1
M$,?+%"\&X,Y"R2ZNS&CYX,T1R\JY=R(%7-EA8T"%QV L?R'AT47I<F4E\>1;
MI^XU8[1.]^;AH@H1*C4T5+(,QO$7EJP*,'7W)2'1"GK!@J$QW,3I?Q. RJIM
MQ0:%"HK!R/KB"ED9'(V8$$_%MXTC5M0"!QLT/]1(%M]:(7VA'#,8^%[@V@I'
MQ=VUFTW@L#=RI;5MGO%Z7[*D%TPV3Y1L[*FB,0H.")4 @Y'U1<M0%,>OEO6:
MV'0BG,F#1WS8:N7WA'*JICI?!=:J#!%W5RK'B*QYI$)'@'+8-8.F'D*7:&;/
M[D;W) S)*R7]2/O=)N !6Q&*#0C.2>^8!)7"S]VM8T]*4FNEEV: E!8D$/6
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M,IT6Y]Q^,?'\G=(M.CN+=*-&<WH^/T9LOT[",1]0_*PR["67 '/?<^1Q7+?
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M4)2C)>6B;\@_8>%%3PD$41@G8O$]\N.(_?0NE8#;=[L3.XQ_;VU"BLWL3?!
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M7MY[OA?,4/0KCI^9]4EZDG,:V]^D@!PX99R0<'=Y-7DF81RC<)4)S<@Z(Y]
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MYB<CIQ:[4Y>$6^/+ L\2I%1V)UZ/<]2ME$09Q'__]#U&T<877/ISC6R&2)1
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MD:+!^^YG(+P&[SL2O _/:7<FJ>P 0<G7Y'4R5M67O [ JO/*6U<L;9VS6>L
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M&;<YE*OG:**2X&,F]G#KHQ3,V]LS.!4J^EWZNPE+<.HGA53QTX:1RE^#^J-
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MRM('Q$Q2L]CGSH,<)M*,/"EGM$:PZ2P 94T!2&PF"^7R]6$\D3$M\V>;C\!
MCN2(,1,O.1D\T$.=WB ](M^,^"UM/KH"@921: ;3OTW']R&]"_@3%+[@&8GZ
M\5RZG<A[V"R*"\480+(1K#N#+[U.^N4.Y?$2*XY467NKA32!0*OI-1/7.YX
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M,TA)@S=SK>P? 7(AR<9J"D@T<@#<DV#.JJ"L$7.22GZBZ[39:LG@57:R?S"
MT08"8.;T]6;8Q_&;]. ]:6/?208,+9\\,V(\:'<FS*SRT&FC)TK%AL(R:'4H
M*UNM>ZDL@WH"4?_L .HZ4!CA17+3FI'5V@NDDLUKYT#F=##08CJ-P,JNNL-%
M=Q,D;F.>W]J$E)[9F^!B2+O(>YS5U5!)3=FDF%J0M\G*PP)';54?^[!#! F
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M[:P(5N[>H7,3/Z6'3@#I<A\\EOW,+24$0!.Q<Y"!_=1/:.J23:@M!.#![,?
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MK>S^%%]KZ3?#R$[X]'J#@G1("GT/HC7N_MA@DG#C,EFHL:J2^W-^K4AJ/4Q
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MW-*.22G!>HJZM.L-K%QE J(MG61[_/,?2O#GO_[KZX0'=OY']C=GRXT4M3.
MC]V%?A+;'33S=Y0U;Y_%PJU>?F2"%4*7(5.F?0$]+0Z%-N'PDU,$_YB%DN73
M*OJN2Q*_O/NDZ)*Q5CY5262&NP".XNA;[I7Y.IP_XCG:KE+5.BBN V5>U5L.
MQ?(51APP'KLDI=U-IE&*5D]1S!-!/0T-&H'"M&K\EET,]&6TX70S"3!!<1CU
M9,XVI4+NLZT:CZ^"\5D@LQ7C_^%;>@";(FSQ]<-&$&X88A^/WI9X] _PMB0?
MC^X^'GT0\1[@T2&$UM:NK+EX?@8256T(BI5]ZMB!\Z=L^5S(RK?7\5,AF$7\
MN_,Y#M(A&>.$;JQC'$0+$OZ#9SU2?!$O(JBL7N<35*O!=CM]-H"E%8Y'. X8
MB@LJT_Z$),@Z)RC:;J=/J?Q6$/^=?B(#9V>\/YQC5UA!@%Y-]\:V.GR8H&.%
MGM/'/G=/] D($95UG_.R#@5R!*R WH\0V5M9DS_"='G2YS#=9B."3X)N7?>:
MTCJDF"'DW$<]&T.')SAR5_)#YTY\TC^7?-+?O[D93G_KCF]&G3\[]_WNT1F]
MF@NZ>)KO.RAQ%=_/AW+1AI><_0=$GMOG'8'AH"V&A[^LG/6^MKNU&L_2I))@
MV@?C_2S 2PYJOQ6^S ?%0!5E%C0=EA9/&F+ =64V4DRU01^EJX:Z5#;$_<B)
MQGC%DI2S&$"%TDE5Q_T50"LQHI;D=C1+W+>I=H&7NWZ9O]?%K^_^W%G]M2X9
M(E:(Z<Q>Z*D6)T]4BH=MDD9K+'E^@-:05G!OL-*!7D-F*UA/T0^<] B[/Z#5
M2NZ@S5[5$Q=WK]O6>A90):\=!5L<S<.4A1.SR_1ZLXI>L6)UE];058-:U(-J
M+>X:8ML;U1I+.*^<+K:.-TZQB+9&\$N84 BR!2HBR7:]R1 ALPF.7\) .9QU
MJ^OB[WBO- ;$SD _)(QX9L_5A&A%%[?A-AY%[)S+NB<=_MJU=4EQO(N:PF&'
M$V=O[[K>6R_QY*[%2RY[^MKLIBNHH6L-<[D]*X6P;5[1>?N;6U 77<<;M$1(
MRXX2/+."]"*K55,7=M=W6 ,8*N?- OV4<3;P\M"C=#_^9*L8O[PK7QF)/ENP
M@,GDO6*&!Q$)#$GF57'F45.1:+'8(.V=\F1<;W\U,'S6S<+E3:#>!.I-H$T
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M!1/.$9H3$\YG9R:<.V_"\28<;\+Q)AQOPO$FG*HFG./;*]H6G/,J/\$848,
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MN_<,DY$FV# Y\EXGO\?M1)-B007=:P8,EJ527R?1FO16(?4RJBHEJ?:I!!O
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M+?E@*0:X242UXEY>S/V]6U(I*O1?=#W52(3.J=("(X9:"(N(WT?1W_=HQ6+
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MZF+V2E-$'B*24NPKC8M+= C 85TUBW3&V^6XL^*],HJ2-#_?LRO*;QBMTF5
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M[L?'_50YY[(//+#;34@6TV48IZ]/[-B&XR#SWV'^8/2/:(%S[;>0$MI6Q:8
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M0RM+]!3%.$!)^K1-Z7JZ_P-ZW;TE_B.=?L>K%_Q,N[C4#H@W;+3->JN&$(7
M-E,$3;]'C9!\: O O+\8N6< @N&4-B=\;*)J:ZU6H=4%$0JS3]%6H+>NW%BK
M-6TU(01#JS!-7^7&G.5X<$6K[:Q]AGUB_7FB"*#,W$)/ACC&:)Z*O"&;:]V]
MI?YRQ"M!AC 2&B%<FU=WCW$VR"MX^\@=WS[RR=0^<N?M(VT1W=M'O'W$VT>\
M?<3;1T!RZ.TC%XC&CY(T/Q&Q4]IO&*W298 .IS=IWC;=N@#4A[IF P.IFKF-
M7&I"'3V5.FG1ATE_=HE;:*WJWUC2$N<7S]W'G<3],'^7.F2^S@7)^=-67!K
M1*U^'U6! /;B^99_\?QL>O%\ZR^>;1'=7SS]Q=-?//W%TU\\07+H+Y[^XGGM
M%T\(%XFVWR/,;G\;'(?1;)*B.&W\!LCB74F"DS$.H@4)_V'/*>0/*@QP>@K
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M>W0 $               @ $     <VED+3(P,C Q,C,Q+GAM;%!+ 0(4 Q0
M   ( /6MC%*I':X$T5@  !ZA!  0              "  8^P!0!S:60M,C R
M,#$R,S$N>'-D4$L! A0#%     @ ]:V,4CZF=.J6+0  LH " !0
M     ( !C@D& '-I9"TR,#(P,3(S,5]C86PN>&UL4$L! A0#%     @ ]:V,
M4L0+RTT$N   =C\. !0              ( !5C<& '-I9"TR,#(P,3(S,5]D
M968N>&UL4$L! A0#%     @ ]:V,4OPO@SF7H $ C;H6 !0
M ( !C.\& '-I9"TR,#(P,3(S,5]L86(N>&UL4$L! A0#%     @ ]:V,4A5+
MG/XB[P  WKP1 !0              ( !59 ( '-I9"TR,#(P,3(S,5]P<F4N
9>&UL4$L%!@     &  8 A $  *E_"0    $!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
